When I was In China a lot of these families got rich essentially overnight due to real estate or manufacturing shit trinkets for American.
Anyways fast forward to New Years of this year. I see everyone trying to out compete everyone for the most expensive trinket/clothing/garbage.
They are a culture of saving face so if Wong got a new Lamborghini you better get two lest look like a bitch.
They all have lottery winner syndrome.
Their wages are usually 2-3500 rmb a month and are draining their parents new wealth on retarded shit. No one can afford a home and yet they feel compelled to buy stupid shit.
My wife is a financial analyst for black rock and from my limited understanding is that China is sitting on a 33 trillion dollar real estate bubble.
China is going to lash out because expansion is their only option.
We essentially cornered a retarded animal into the corner and emperor xi will lash out like one
We say “the smart Chinese” and it’s all surface level. Their threats are to save face
Their face when they have no face
