Next Year's Crisis: China's True Unemployment & Potential 120M Facing Starvation
By next year, China could face a staggering situation with up to 120 million people at risk of starvation. This alarming conclusion was reached by a Chinese economist who analyzed China’s unemployment rates using official statistics but applied his own methodology. I have reviewed his calculations and found them to be both solid and rational. Today, I want to walk you through his process so you can understand why this conclusion seems reasonable. While the math might be a bit dry, the findings are crucial. So, please bear with me for a while, as I believe this information is important.
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