10/22/2021 0 Comments Just Karaoke 2.0
Something big is happening in China, domestically and geopolitically. 2019 Licence Free to try 24.95 OS Support Windows Downloads Total: 15,769 Last week: 5 Ranking 23. Host any Karaoke show with ease. 'JustKaraoke' The Complete and Professional Karaoke Solution for the PC brought to you by TriceraSoft, the creators of the MP3+G Karaoke Format.Why Now? Inequality, Bubble, and Slowing EconomyJustkaraoke 2.0 Keygen 7,0/10 784 reviews The software might have a limit on how many tracks you can add to its library, although I highly doubt this is the case for JustKaraoke. All this makes people wonder if China is reviving Mao’s disastrous policies of Great Leap Forward and Cultural Revolution. The gist of the blog is that China is going to punish capitalists, drive “common prosperity,” and stop worshiping Western culture. Second, a viral blog claimed that a “profound revolution” is happening in China and that blog was republished by all the major Chinese state media.
Just Karaoke 2.0 Free To TryGo digital easily and in confidence with this inexpensive yet.The Chinese economy is also slowing down due to many irreversible factors — maturing economy, unsustainable debt, shrinking workforce, declining birth rate, aging population etc. And that is much higher (i.e., worse) than all the developed nations except the U.S., which comes in just a tad bit more at 47%.TriceraSoft JustKaraoke(TM) 1.0 is a straight forward no non-sense karaoke control solution. Show from your laptop computer using Debs Pro Karaoke Player.Another way to measure inequality is the GINI coefficient index for income, which is 46.5% in China. TriceraSoft JustKaraokeTM 2.0 is the latest version of this straight forward. Marriage rates are falling dramatically and people are not having enough babies. Phrases like “Tangping” or “lying low” are being actively censored by the government. Experts predict that China’s economy will be growing at 1-2% by the end of this decade.No wonder that young people and lower middle class are disillusioned. Although he is virtually guaranteed to get re-elected for an unprecedented third term, there are political rivals — mostly other princelings — who would pounce on him if the country faces a major economic crisis or if his approval ratings take a dive. However, Xi Jinping amended the Constitution, removed the term limits for himself, and made himself the virtual emperor.Students from primary schools to universities are now forced to learn “Xi Jinping’s Thoughts.” It’s quite surreal to see such propaganda and brainwashing in the 21st century.Next year will be the end of Xi’s second term. Thus, they introduced term limits and the concept of collective leadership. After the tumultuous years of Mao, Chinese leaders wanted to avoid autocracy and personality cult. Considering that there is only one real party in China, the authorities have a lot of chutzpah in promising “profound changes.”One of the main driving forces behind the new populism might be Xi Jinping’s upcoming “re-election” by the Party apparatus next year. Cynical Promises – Arson to Fight the FireWhen there are big societal problems in democracies, politicians from one party blame the ruling party and promise changes. In 2016, China established a two-child policy and this year introduced the three-child policy. So, the people who ignored it for two decades are now suddenly going to fix it?As for the acute demographic problems, they are obviously due to CCP’s one-child policy that started in 1980. Xi Jinping is a princeling himself).So, Xi and his loyalists have to convince the masses that the government is working hard, although it’s the government that fueled the daunting problems.Consider the Gini coefficient index (inequality) in China, which has stayed extremely high for the last two decades. However, they are denied access to public services such as education, healthcare, and housing in the cities regardless of how long the migrants live there. And have been the driving force behind China’s prosperity. These people toil in factories, mines, construction sites, restaurants, janitorial services etc. These migrants (farmers who moved to the cities) are relegated to low-wage, dirty, and dangerous jobs without basic labor rights. Exploitation of “Migrants”A major source for China’s inequality — CCP’s alleged new concern — has been the ruthless exploitation of “migrants” for the last four decades. If the technocrats were smart, they would have never had a one-child policy or at least would have abolished the limits two decades ago. In construction, migrants often don’t get paid for months and when they get paid in the end, they get shortchanged. In Chinese factories, migrants typically work for 12 hours but get paid for 8. Only 5% of rural children end up going to college most drop out of school by 9th grade.Migrants are also victims of large-scale wage theft and are powerless to fight back. This is why rural Chinese has tens of millions of “left-behind children,” who grow up without their parents, enduring psychological trauma and even physical abuse. Thus, many migrant couples are forced to leave their children in their home villages. The real estate ecosystem accounts for a stunning 28% of China’s GDP.Everyone loved the housing bubble. So, how can the Chinese government now pretend to worry about inequality? Real Estate BubbleAs for unaffordable housing, the government encouraged the bubble, which is now worth $54 trillion. Are much rosier by excluding migrants.In summary, 30-60% of the people in Chinese cities are deliberately kept in poverty. Thus, stats related to urban home ownership, wages, wealth, life expectancy etc. Lawyers and activists who attempt to help migrants are arrested on fake charges like “picking quarrels” or “disturbing social order.”Migrants are invisible and left out of urban statistics. Everyone assumed that the government would never let house prices go down. As the new book “Red Roulette” reveals, CCP officials and politicians typically get 30% commission for deals they approve.For China’s middle class, housing speculation seemed like a guaranteed winner. Local governments depended on land sales for revenues party officials and bureaucrats got big bribes from the private sector for approving inflated real estate projects and handing out monopoly rights. Real estate developers, steel/cement companies, appliance makers, real estate agents and many more up and down the supply chain loved the mania. Evergrande, which was once the world’s largest developer, is now the world’s most indebted developer. The frenzy continued and household debt grew staggering tenfold from 2008 to 2020.Now, the bubble may be about to burst. The Top 10% of households have three or more homes. Bankruptcy or restructuring is guaranteed.In a sense, Evergrande is a microcosm of China’s economy, which has been too dependent on infrastructure spending for growth. Evergrande’s stocks are down 90% since last year, and its bonds are deep in junk territory. Evergrande must also finish building about 1.5 million homes for which it has already accepted payments. It is now struggling to pay back banks, trusts, contractors, suppliers, employees, and bond holders. And 4 million jobs are dependent on Evergrande’s sprawling projects in 200+ Chinese cities.Thanks to the government’s recent “three red lines,” Evergrande is unable to borrow more money. Java for mac update 17It can’t keep the bubble growing forever. This is why some experts are saying that this could be the “Lehman Brother’s moment” for China.The government is caught in a rock and a hard place. The debt crisis for developers is widespread and the risks of contagion are real. Stocks of many other developers like Shimao, Vanke, and Country Garden are down 50% this year. Evergrande is not an isolated case. Many other conglomerate giants such as HNA, Anbang, Wanda, and Huarong have been bailed out by the government in the last couple of years.However, bailout doesn’t solve the overall problem regarding the housing bubble. (Although freedom of speech is guaranteed in China’s constitution, the reality is quite different). This repression of financial media will only exacerbate the crisis. Moreover, if the construction bubble bursts, millions of people will lose their jobs.No wonder that the government has passed new laws to ban “rumors” about the economy and “malicious” opinions about government policies. Earlier this year, numerous social media accounts of influential feminists and LGBT groups were purged abruptly without explanations.
0 Comments
Leave a Reply. |
AuthorFelix ArchivesCategories |