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Bombshell, On-The-Ground Coverage: Hong Kong Protests Expose Freefall Collapse of Globalism


Added 08-22-19 12:42:06pm EST - “Despite fears of being kidnapped by Chinese forces, protestors still press on” - Infowars.com

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Posted By TheNewsCommenter: From Infowars.com: “Bombshell, On-The-Ground Coverage: Hong Kong Protests Expose Freefall Collapse of Globalism”. Below is an excerpt from the article.

Beijing’s decision to focus less on Hong Kong while building up neighboring Shenzhen as a rival city reveals the loosening influence that globalism is having on world populations.

China knows the world is watching, and has avoided a Tiananmen Square-style response to the Hong Kong protests so far in part because many of the young protesters have nothing to lose due to extreme cost of living in the city combined with low wages.

Some estimates indicate that nearly half of Hong Kong’s population are considered “working poor” in which they are employed, but don’t make enough money for basic living needs.

The picture is clear: Hong Kong is expensive, and housing is a huge expense for most people. Price-To-Income (a basic measurement for housing affordability) in Hong Kong is almost double that of New York City (35.8 in HK; 19.5 in NYC).

What can low-income residents do? Some have the patience to wait in extremely inhumane living arrangements until the day a public housing spot opens up: some build shelters on others’ roofs, and some spend their nights at McDonald’s as McRefugees. Most of them live “creatively” day-to-day, because they have no other choice.

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