Consumption/Carlos Pueblo

 Consumption/Carlos Pueblo

When the recession is occurred, economists always agree to encourage the consumption. The increasing consumption will stimulate the slowing economic. We are the witness to the Covic-19 since 2019, the Federal Government to deliver a couple of $1,000 to recorded citizen. Recently, I watch Chinese economic reports on the You tube that China has a deflation instead of inflation because of the lack of consumption. Chinese people simply can't afford to consume because they loss their jobs and have no income.

It is very simple that the U.S. posts the tariff on Chinese goods which have been exported to the U.S. and Chinese respond to do the same on the U.S. goods exported to China. The U.S. start to increase import goods from Vietnam, India, and Indonesia, etc. in addition to Mexico and other American nations. China losses the largest export nation, the U.S. Foreign investors have closed their factories in China to avoid losses. Chinese workers have been laid off. People can't find jobs. Yes, China is a big nation with huge demands of consumption yet they are doing the basic needs to consume which can't make the nation great or rich.

Chinese Communist regime don't know how to respond for the crisis. Of course, they are soften their tone now to beg the U.S. to left the sanction and tariff. yet they can't purchase what they agree to the U.S. demands for the sake of the trade imbalance. They don't have the money and the entire nation is in the brink of collapse. We are going to see huge Chinese refugees to be flooded all over the world, not only Asian nations. It's been occurred in the past many many times.

I believe that China is not been well managed. The Communist regime has been among the worst Dynasties in Chinese 3000 years history. There is no freedom to speech, no freedom of religions, and an incomplete of free market systems.