this post was submitted on 14 Aug 2023
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GenZedong
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Dutch news is running a story about China's youth unemployment of 21%, stating that according to economists, it's a 'telling sign of decay'. Meanwhile Europe is sitting at roughly the same percentage. I wonder what the signs say about that.
That ~21% unemployment rate is based off the 16-24 age group; composed of high school and university students, whose main task is studying and not working.
People of high school and university age actually go pursue an education and aren't wage slaves? That's terrible the east has fallen!
But at what cost?
Bout three fiddy
Our society is going to crisis, quick make some articles about how CHINA IS BAD
The icing on the cake was how they said China's economy had a growth of 4-5%. They said that this would be really good for a European country, but for China it is BAD lmao. Meanwhile the EU is committing economic suicide on virtually all levels.
It's setting up the narrative for when China needs to be rescued from itself.
the sudden rise is concerning though ngl. i expect Chinese government to do something unlike