Tiandao Talk - Live Clips 2023.06.30

💥💥💥 2023.06.30 Live Broadcast on the CCP’s Version of the Great Depression, Part 4
The severity of the U.S. Great Depression shows that the CCP’s Great Depression is far more terrifying.

Shrinking consumption is one of the hallmarks of a Great Depression. With declining incomes and soaring unemployment, consumption capacity collapses, and societal poverty intensifies. The collapse of real estate and banking has caused many middle-class families to rapidly fall back into poverty.

The entire economic structure of Communist China is in the midst of a total collapse. High unemployment → shrinking consumption → deflation → factory closures → accelerating unemployment → further shrinking consumption → more factory closures!!! A vicious cycle!

Why has it entered this vicious cycle? Beyond the kleptocratic regime’s “sinking ship plan,” which has stolen tens of trillions of dollars, creating a massive wealth gap, there’s also Communist China’s long-standing governance by deceit, by police, and by corruption. The Great Leap Forward-style production of cheap goods, without market oversight or rules, causing everyone to bow down before power, unable to function properly. The evils of the system, combined with the moral decay of a faithless society, lawlessness have culminated in this outcome!

This Great Depression in Communist China is absolutely far more terrifying than the U.S. Great Depression of 1929, as it represents a complete structural collapse of society.

🙏🙏🙏 Only by eliminating the CCP can the Chinese people escape this catastrophe.