Patriotism of Xinnie PorkPooh #slopagandpa - With stimulus and measures, China's debt will be at 400% to 500% of its GDP in the next decade, according to Reuters. -Chinese 🇨🇳 property Ponzi sector, which accounts for 30% of GDP, is crashing -Tofu Exports and Western imports, accounting for 37% GDP, are down. -Foreign investment is falling over 90% compared to it's peak in 2018. -Foreign visitors are down 96% compared to the pre-pandemic level in 2019 with less than 200 americans left. -Consumer prices are experiencing hyperstagdeflation. -Youth unemployment hits over 21% (in reality 50%+ after eliminating faked numbers), a record. -It's fast shrinking workforce is 10 years old than neighboring countries. - During the years 1990-2021, the US printed 6.5 time more money while China printed 147 times. - It has printed more money than the US and Japan combined, while it's economy is only half of them. - Current Chinese debt-to-gdp is already highest in the world, at 300%, according to Bloomberg. How will you do in a country where real estate companies, local governments, and banks across China have crashed or fled? That is your challenge for the future (will you own a trash house with the mortgage?). Pensions will be laundered and your daily pay will be 2 dollars. Mengze harvard daughter: lives in US brother: australian green card daughter in law: british green card sister: canadian citizen brother in law: canadian citizen second sister: australian green card second brother in law: australian green card Arctic Catfish Shenzhen: laughs at how Leeks feed her WOW SO GOOD AWESOME Organ Leeks #sloprosperity #theskydontlie
@@sleepinglaffey3886 You're heartless and you keep spamming this shitty copypasta all the fucking time. There are people hurting out there and you're not even validly acknowledging the info in the vid.
@@totzinfo Another blatant lies of yours, the lowest tax rates in the world are those who does not have tax and yes there are countries that does not have tax!
@@AlexLee-je5jg in China only foreign manufacturing companies are implemented by standard taxes, (working class) of both state owned and foreign owned companies has only 2% taxes than the foreign companies or almost no taxes at all because workers taxes are paid for by foreign companies
@@AlexLee-je5jg yes in North Korea and Turkmenistan workers has not paying taxes, Cuba has almost no taxes too, and in North Korea they have only 6 hours of work the rest of time is for family bonding
@@AlexLee-je5jg in China VAT applies to most goods and services but not in vital needs like foods, water and electricity, it has reduced VAT rates to 6%. China also has some zero-rated goods, the sale of which must still be reported on your VAT return, even though no VAT is charged. The goods and services are subject to zero percent VAT: Export goods; International transportation services if taxpayers obtain qualifications; Space transportation services
The perfect storm is an aging population, low wages, a declining birth rate, an unbalanced tax structure, and an overly leveraged housing market. This cannot end well.
All that tax money collected is really just used to pay for someone else’s lifestyle. I.e the civil servants there. And when the money starts to dry up. They extract it in other ways that they have shown in previous videos. Mainly in fines or just flat out theft through the banks.
My Chinese husband only had primary education and couldn't improve. When someone stabbed him in the back with a knife, he laid on a metal gurney for 2hours while the family tried to get the money together for the surgery to remove the knife.
that’s so heartbreaking 😭💔💔💔 i don’t even want to think of my grandparents taking themselves out so they won’t burdan us financially, i’m so blessed we can take care them without issue 😢💔
I dont hate taxes if the taxes are used to make peoples lives better instead of paying things for the rich. Unfortunately this is how it usually goes. The money is spent wrong.
Taxes are not the problem. The problem is that when those taxes are not spent in improving public services or the common good, then, it becomes theft. Xi Jinping's derision of Western Socialism as "welfarism" doesn't help China either.
I don't hate taxes, because in my country most of the taxes are re-invested in the country and their people... so the more I pay, the more I get back for it.
another blatant lies of this channel, China is one of the lowest tax rates in the world because most of their taxes are paid for by from foreign manufacturing companies and investors, even they they have the lowest VAT in the world, lowest prices of foods, clothing, construction materials, transportation, condominium rates, unlike Philippines among the highest VAT and Tax rates in the world while prices of commodities also among the highest in the world, China's salaries are all standard both in government and state owned companies, only foreign manufacturing companies are giving below standard salaries and does not pay right taxes while benefits are less likely, China has one of the lowest cost of living in the world, health, medication and hospitalization services are free, except the foreign own hospitals
China is not communism economy, they are now implementing below the standard of communism, and they called it level up capitalism much better than western capitalism that will benefits the masses rather than the rich
@@wshyangify apartments are within the reach of the casual workers, 1 US Dollars is = 7.25 Chinese Yuan Rent Per Month Apartment (1 bedroom) in City Centre 3,790.46¥ or $521.00 Apartment (1 bedroom) Outside of Centre 2,069.99¥ or $284.00 Apartment (3 bedrooms) in City Centre 8,140.43¥ or $11,120 Apartment (3 bedrooms) Outside of Centre 4,268.46¥ or $587.00 and where did you get your stats from U.S. standard apartment rates?
@@totzinfo Standard us rate for single bedroom is between 600 and 700 us dollars. Absolutely not in city center. Prices in a city alone are way higher. More like 1500 a month im a city center. Anf thats a decent price. 😂
27% is same in italy .... for VAT , but they tax already taxed money several times , at end of the day we are a realistic 80% tax on everything .... dont cry too much , this stuff is not " invisible taxes " we all have them , they are invisible if you are blind
Wym? The sales taxes aren’t even included in the price tag when you buy something, you get a break down of how much you paid in property taxes every month on your mortgage bill, and a break down of your income taxes on your pay stub.
US we pay taxes on any product we buy, on insurance property/vehicle, property, every paycheck, yearly income tax state/federal, cellular, cable, it's as terrible. And we ain't talking about the hidden tax of inflation.
Hidden taxes are in most countries. Like the Chinese, the average worker in any developed country have no idea of all the taxes. Chemical tax is an invisible one, usually applied on certain textile imports. Air transport tax is common now. Cellphone tax. Alcohol tax. This is all added on top of the VAT. As in almost all countries.
Most dont even realize how much interest they are paying on loans until they lose jobs or do the math 5 years later to realize only that a large % of what wass paid was interest
So the government imposes high taxes and still does not provide the basic services like education and emergency care. Then what is the point of a centralized government?
You'd think that in a communst country such things wouldn't happen but they happen even more than in democratic,but honestly no political system has had good intentions for the poor 😢
how can there be happiness when there's still so much pain? officials maintaining mistresses, billionaires hunger for more, stealing organs from the innocent
In 2001 it was 8:1 yuan to buck, today it is 7.2:1 what does this tell us??? I bought a pair of Xina made Boboa for a buck US in 2001, think those shoes are still a buck or less??
French people pay high taxes, but they enjoy government run health care, free primary and secondary school education, and very affordable university education.
France is 1st in this misery index....but we get free healthcare.retirement at 64, and good education for free.....don't really understand this ranking.....being between France and Belgium is not a bad place....
$14 a Month can improve A Lot Alright More Money for PickPockets to Take 🤣 Better TANKS Better FIGHTER JETS Better Ships Better Submarines Better GUNS & AMMO Higher BRIBES FOR FOREIGN POLITICS
@@skizmo1905 Are you a bot just looking for attention or dumb?. People all over the world are having the exact same struggles in life!. Everyone is taxed, taxed taxed. Your comment is the irrelevant one as it has nothing to do with the video. Just shit stirring.
If you want to know something that is really stupid, here is America you are supposed to pay taxes on anything you trade. So, if I trade a car for another car of equal value, suddenly I am liable for a tax value on that transaction which doesn't exist unless I am going to sale the car to a third person to pay the tax only to end up with no car in the final transaction. "That is f-ing stupid!" But, that is how I understand it to work, which means we all start out as criminals from the very beginning. 😏👉🏻🦝?
what a horrible place to live...
Worse than even hell
Right those people live in filth
Chinese top-tier officials can easily funnel public funds into their pockets and levy any opaque taxes on their people which is an irony.
It's so much better to do that from thr private sector. Then you have the public sector to take the blame. China still a step behind.
Patriotism of Xinnie PorkPooh #slopagandpa
- With stimulus and measures, China's debt will be at 400% to 500% of its GDP in the next decade, according to Reuters.
-Chinese 🇨🇳 property Ponzi sector, which accounts for 30% of GDP, is crashing
-Tofu Exports and Western imports, accounting for 37% GDP, are down.
-Foreign investment is falling over 90% compared to it's peak in 2018.
-Foreign visitors are down 96% compared to the pre-pandemic level in 2019 with less than 200 americans left.
-Consumer prices are experiencing hyperstagdeflation.
-Youth unemployment hits over 21% (in reality 50%+ after eliminating faked numbers), a record.
-It's fast shrinking workforce is 10 years old than neighboring countries.
- During the years 1990-2021, the US printed 6.5 time more money while China printed 147 times.
- It has printed more money than the US and Japan combined, while it's economy is only half of them.
- Current Chinese debt-to-gdp is already highest in the world, at 300%, according to Bloomberg.
How will you do in a country where real estate companies, local governments, and banks across China have crashed or fled? That is your challenge for the future (will you own a trash house with the mortgage?). Pensions will be laundered and your daily pay will be 2 dollars.
Mengze harvard daughter: lives in US brother: australian green card daughter in law: british green card sister: canadian citizen brother in law: canadian citizen second sister: australian green card second brother in law: australian green card
Arctic Catfish Shenzhen: laughs at how Leeks feed her
WOW SO GOOD AWESOME Organ Leeks #sloprosperity #theskydontlie
@@sleepinglaffey3886 You're heartless and you keep spamming this shitty copypasta all the fucking time. There are people hurting out there and you're not even validly acknowledging the info in the vid.
CCP should be taxing Xinnie the Pooh.
@@totzinfo Another blatant lies of yours, the lowest tax rates in the world are those who does not have tax and yes there are countries that does not have tax!
@@AlexLee-je5jg in China only foreign manufacturing companies are implemented by standard taxes, (working class) of both state owned and foreign owned companies has only 2% taxes than the foreign companies or almost no taxes at all because workers taxes are paid for by foreign companies
@@AlexLee-je5jg yes in North Korea and Turkmenistan workers has not paying taxes, Cuba has almost no taxes too, and in North Korea they have only 6 hours of work the rest of time is for family bonding
@@AlexLee-je5jg in China VAT applies to most goods and services but not in vital needs like foods, water and electricity, it has reduced VAT rates to 6%. China also has some zero-rated goods, the sale of which must still be reported on your VAT return, even though no VAT is charged. The goods and services are subject to zero percent VAT: Export goods; International transportation services if taxpayers obtain qualifications; Space transportation services
Let them protest all they want so long as they pay their taxes
The perfect storm is an aging population, low wages, a declining birth rate, an unbalanced tax structure, and an overly leveraged housing market. This cannot end well.
Exactly the same problem eastern europe has
It will, They won't have money for WAR .
the rich are bored and want to see chaos
@@totzinfo ok little pink we get it
@@totzinfo Ok CCP puppy....whatever rocks your boat...just know your propaganda doesn't work here....🤣
All that tax money collected is really just used to pay for someone else’s lifestyle. I.e the civil servants there. And when the money starts to dry up. They extract it in other ways that they have shown in previous videos. Mainly in fines or just flat out theft through the banks.
Communism for the rich, capitalism for the rest. Hey, they've got more on common with the US than either of us realized. Small world.
China's economic depression means there's insufficient funds for military spending 😅
Never stopped North Korea
@@salavantias1948 Doesn't stop the US either.
@@jedahn USA spends more on Welfare than it does on the Military, so I think they are good.
@@jedahn and foreign aid
The poor in all countries bear more burdens than the state should allow. However if rich you also turn blind to the suffering of others.
My Chinese husband only had primary education and couldn't improve. When someone stabbed him in the back with a knife, he laid on a metal gurney for 2hours while the family tried to get the money together for the surgery to remove the knife.
4:16 Dish includes 30% in taxes and a cockroach
Yeah but the Roach is only 5% of the meal.
This is one of your best videos, so far. Numbers never lie. 😁
that’s so heartbreaking 😭💔💔💔 i don’t even want to think of my grandparents taking themselves out so they won’t burdan us financially, i’m so blessed we can take care them without issue 😢💔
I feel bad for the children most of all. Being a parent and not being able to do anything to help your child, that's unthinkable 😢
Poo must Go .Sad for the REAL workers
So there are taxes, but do they pay them???
There are many ways not to have to pay taxes, legal, grey, and illegal ways.
Not in china
Everyone hates taxes, something we can all agree on.
I dont hate taxes if the taxes are used to make peoples lives better instead of paying things for the rich. Unfortunately this is how it usually goes. The money is spent wrong.
Taxes are not the problem.
The problem is that when those taxes are not spent in improving public services or the common good, then, it becomes theft.
Xi Jinping's derision of Western Socialism as "welfarism" doesn't help China either.
Agreed. They're used to stifle your spending power
Leftists love taxes
I don't hate taxes, because in my country most of the taxes are re-invested in the country and their people... so the more I pay, the more I get back for it.
A matter of course in communism..the rate will eventually be 100%. Perfect.
another blatant lies of this channel, China is one of the lowest tax rates in the world because most of their taxes are paid for by from foreign manufacturing companies and investors, even they they have the lowest VAT in the world, lowest prices of foods, clothing, construction materials, transportation, condominium rates, unlike Philippines among the highest VAT and Tax rates in the world while prices of commodities also among the highest in the world, China's salaries are all standard both in government and state owned companies, only foreign manufacturing companies are giving below standard salaries and does not pay right taxes while benefits are less likely, China has one of the lowest cost of living in the world, health, medication and hospitalization services are free, except the foreign own hospitals
China is not communism economy, they are now implementing below the standard of communism, and they called it level up capitalism much better than western capitalism that will benefits the masses rather than the rich
Lol what a joke. Your apartments costs like 750,000 dollars.
@@wshyangify apartments are within the reach of the casual workers,
1 US Dollars is = 7.25 Chinese Yuan
Rent Per Month
Apartment (1 bedroom) in City Centre 3,790.46¥ or $521.00
Apartment (1 bedroom) Outside of Centre 2,069.99¥ or $284.00
Apartment (3 bedrooms) in City Centre 8,140.43¥ or $11,120
Apartment (3 bedrooms) Outside of Centre 4,268.46¥ or $587.00
and where did you get your stats from U.S. standard apartment rates?
@@totzinfo Standard us rate for single bedroom is between 600 and 700 us dollars. Absolutely not in city center. Prices in a city alone are way higher. More like 1500 a month im a city center. Anf thats a decent price. 😂
27% is same in italy .... for VAT , but they tax already taxed money several times , at end of the day we are a realistic 80% tax on everything .... dont cry too much , this stuff is not " invisible taxes " we all have them , they are invisible if you are blind
*Chinese man*" My wife, and I are injured!!" CCP "We are about to run those pockets first. Wait, you have no money. We are not helping you. Good day."
I mean... That's the US.
@@jedahn most in US have insurance
Most American homeowners don’t know what their property taxes are, the state income and state sales taxes are. Uninformed people are everywhere
The American people know what taxes are, where they go. You said only Chinese commies' propaganda.
Wym? The sales taxes aren’t even included in the price tag when you buy something, you get a break down of how much you paid in property taxes every month on your mortgage bill, and a break down of your income taxes on your pay stub.
But they can find out
Nobody can deny there are property taxes, but it takes an average of 40 years of wage to "buy" a home. For US it's 6 years.
We’re talking about Communist China here try to keep up
Rise up People of China
It pay to other countries and try to do the belt and road
US we pay taxes on any product we buy, on insurance property/vehicle, property, every paycheck, yearly income tax state/federal, cellular, cable, it's as terrible. And we ain't talking about the hidden tax of inflation.
Hidden taxes are in most countries. Like the Chinese, the average worker in any developed country have no idea of all the taxes. Chemical tax is an invisible one, usually applied on certain textile imports. Air transport tax is common now. Cellphone tax. Alcohol tax. This is all added on top of the VAT. As in almost all countries.
Most dont even realize how much interest they are paying on loans until they lose jobs or do the math 5 years later to realize only that a large % of what wass paid was interest
Sorry…but the YOUNGEST individuals born in the 1980s are 35 by today ;)
So the government imposes high taxes and still does not provide the basic services like education and emergency care. Then what is the point of a centralized government?
You'd think that in a communst country such things wouldn't happen but they happen even more than in democratic,but honestly no political system has had good intentions for the poor 😢
You do not get treated if you do not have the deposit in some countries in Europe as well. What is it like in USA?
how can there be happiness when there's still so much pain? officials maintaining mistresses, billionaires hunger for more, stealing organs from the innocent
Never heard the narrator so emotional before
so they are paying taxes of taxes lol
In 2001 it was 8:1 yuan to buck, today it is 7.2:1 what does this tell us??? I bought a pair of Xina made Boboa for a buck US in 2001, think those shoes are still a buck or less??
Hidden taxes in the US are just as bad.
Tax the CCP
French people pay high taxes, but they enjoy government run health care, free primary and secondary school education, and very affordable university education.
Taxation is the definition of theft
Be more specific, you definitely do not pay 3X the taxes to those of the US. Not unless you pay 100% of your income
I wonder what will be the name of the chinese tax protest: Oolong Tea Party Revolution huh? 😅
in india same.
Seems they focus on consumption tax, that's smart the more you buy the more money u have the more tax you pay
Pwnt
I thank we or fix road and build green energy and the. Chip act
Tax pay for road and other things like pay role federal job
Extortionate Zacchaeus Taxes be like 😅
The next time you hear some liberal saying socialism is better you remember this video.
very humane kekw
Really,?
jeff bezos pays less tax than i do
Legal Loopholes are used to not pay taxes when you're a business, there are things called tax write-offs
You shouldn’t pay taxes neither should Jeff Bezos
Say no to government sponsored extortion
Hell no
The Chinese people need to understand that they are paying high tax for a good reason. Without high tax the CCP cannot exist
Yah sureeeeeeee keep increasing those heavy taxes while the people is suffering and you will see something interesting happen...........
Rose up ppl🇺🇲💪
I'm not a puppet with my own country not by china.
France is 1st in this misery index....but we get free healthcare.retirement at 64, and good education for free.....don't really understand this ranking.....being between France and Belgium is not a bad place....
🤣
$14 a Month can improve A Lot Alright
More Money for PickPockets to Take 🤣
Better TANKS
Better FIGHTER JETS
Better Ships
Better Submarines
Better GUNS & AMMO
Higher BRIBES FOR FOREIGN POLITICS
Love some ASMR at the end
It called debt
Cită avere a u ăia de la conducere?
Vietnamese people are similar...
547th
I’m mad as hell!!!
good for you
People all over the world are tired.
... and that statement has nothing to do with the video.
@@skizmo1905 Are you a bot just looking for attention or dumb?. People all over the world are having the exact same struggles in life!. Everyone is taxed, taxed taxed. Your comment is the irrelevant one as it has nothing to do with the video. Just shit stirring.
God bless their people!
religion is a mental disease
@@skizmo1905 Congitive Dissident should be a mental illness then we can say that ya mental!.
😭😭😭😭😭😭😭😭
If you want to know something that is really stupid, here is America you are supposed to pay taxes on anything you trade. So, if I trade a car for another car of equal value, suddenly I am liable for a tax value on that transaction which doesn't exist unless I am going to sale the car to a third person to pay the tax only to end up with no car in the final transaction. "That is f-ing stupid!" But, that is how I understand it to work, which means we all start out as criminals from the very beginning. 😏👉🏻🦝?
go back to school
@@skizmo1905 explain yourself!
@@master-gbig1140 They can’t!. Don’t interact with them as they have ignorance of a pig. They are trolls!.