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China’s Fortunes
Face-Off: The U.S. vs China
The Importance of Economic Stability in Political Context
Unemployment among the educated in cities poses a threat to political stability as leaders closely monitor the situation. The declining economy and falling wage growth are affecting both the employed and unemployed individuals. There is a concern that a crackdown by the leadership may further aggravate the highly educated unemployed population. Restoring the economy is crucial, but it requires the implementation of the right policies, which the speaker doubts are currently in place. Structural problems are a major point of discussion, similar to the situation in Europe.
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