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Chinese Economy - a side effect of a horrible disease Russ Babcock January 22,2024 Over the last 3 years, the Chinese stock markets have been tumbling dramatically. The Hang Seng has dropped from 31,000 in January, 2021 to just under 15,000 today.
The Net Zero Watch cartoon below explains why. A picture is worth a thousand words. This is what happens when an authoritarian government mandates stupid ideas to the citizens of the country that they RULE. In this case, China grossly overproduced these anti-hydrocarbon fuel products (windmills, 1
solar panels, electric cars) in an attempt to take advantage of the rampant stupidity happening throughout the western world. This rampant stupidity has been misleading us down a garden path to Hell by the WEF and their elitist members like Schwab, Gore, Kerry, Carney, and Guterres, with undying support from a huge number of their carefully cultured (think petri dish) useful idiots such as Biden, Trudeau, Sunak, and Macron, with all their despicable but dutiful propagandists spread so thickly throughout mainstream media organizations. The laugh is really on us though, isn't it!! When stupidity verges on world scale cataclysm, it's high time for the masses still fortunate enough to live in democracies to WAKE UP, and do something about it. Elections are just around the corner in several western world countries. Not every politician has been malignantly infested with postmodern Marxist ideals, and although most of mainstream media deceitfully paints the 'good guys' as (insert nasty label here), they are among us, and they are truly on our side. We just can't count on the mainstream media to help us identify who they are, nor what they truly stand for, so we must look elsewhere for the truth.
Russ Babcock with a view from Canada
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