For some time now I have been writing articles talking about how China will stop sending us their cheap stuff and how it will affect the US economy as well as you the individual.
If you think that China’s implosion will not affect you, then you need to understand that metaphorically speaking, you are on a speeding train headed straight for a solid wall and the train is not going to win.
China is collapsing and the Chinese have concealed this so well, that the world is finally waking up to this shocking news.
When you look at China from a domestic or international point of view, the Chinese system is riddled with issues that are becoming increasingly evident.
Between economic issues, a crumbling political system, diminishing demographics, and a long list of other problems, China’s collapse should no longer surprise anyone.
To bring you up to speed, here is what is going on in China…
This is a three-fold problem…
First – anyone who had the knowledge of what is going on that could help the Chinese people have been terminated.
Second – everyone who is left is scared to literal death to bring any sort of news, good or bad, to Xi Jinping for fear of their lives being terminated by Xi Jinping for even speaking up.
Third – because everyone is dead, there isn’t any information that is being collected on what is truly going on in China, again for fear that it any information good or bad will upset Xi Jinping, and they would be terminated.
The one-child policy was a population planning initiative in China implemented between 1979 and 2015 to curb the country’s population growth by restricting many families to a single child.
This in turn has now turned-on China and they now have the largest elderly population on earth and the smallest working age population.
In fact, it has recently come out that the census bureau in China has admitted that they over counted this demographic by 100 million people. That means 100 million people less than they first thought.
It was known that China’s younger population was smaller than expected, but this gross oversight has made this problem even worse.
But that is not all, the birthrate in China has dropped to 70% since 2017. This is the fastest drop in birthrate in recorded history…ever.
What this boils down to is that there are not enough people coming into the business / work sector to create goods and services that the Chinese people need, let alone what they wish to export to other countries.
This has taken such a bad turn that there are not enough people in China to support economic consumption to the level that they require to maintain their economy.
Already corporations are hustling to find other sources of workers and factories to take up the slack of China not producing as much as they were.
And the problem is this, because the world has depended on China for all these cheap Chinese goods for so long, there are very few factories and skilled workers to take up that slack.
What I am saying is that there could come a day in our very near future where shipments of cheap Chinese stuff just come to a halt.
With both home and automotive industries being severely affected and just not enough of the population to drive production of both, it is literally killing the economy to the point that many are now saying that China is on the verge of a full-blown economic depression.
And This is Where BRICS Comes Into Play
China realizes that sooner or later they are going to have to replace the US as their number one trade partner for cheap Chinese stuff and find other markets and fast.
I mean it is only common sense that one would rather trade with people who are “friends” vs people who are hostile towards you and have you over a barrel… right?
And that is where BRICS comes into play.
Let me put it to you this way.
It means that…
1 – The BRICS nations combined will have more money and stronger economic health vs. the U.S.
2 – The BRICS nations combined will have more people, at an 11 to 1 ratio, purchasing goods and services vs. that of the U.S.
The U.S. has been the strongest economy with the most purchasing power globally.
Now with the BRICS Alliance coming together, not only do they beat the U.S. in economic health, but they will also beat us with the number of people who will buy goods and such, aka purchasing power.
This, in turn, will SEVERLY knock the U.S. out of that dominant purchasing power position.
So here is the big question…
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