The host asks Jiang to identify a future development that could materially improve standards of living rather than just adding to the list of crises.
Topic brief
A Jiang Lens evidence brief for this topic, built from source tags, transcript matches, and linked source refs.
Standard OF Living
A transcript-matched topic anchored by excerpts such as "...Chinese individual has not seen a huge improvement in his standard of living. And so there is not a great confidence in the future,..."
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Topic Scope And Freshness
A transcript-matched topic anchored by excerpts such as "...Chinese individual has not seen a huge improvement in his standard of living. And so there is not a great confidence in the future,..."
Key Notes
Jiang says the US-China relationship is the key hopeful variable because China has excess cheap labor to export and Chinese goods previously raised American living standards before the trade war.
Jiang says that if US-China relations improve enough for China to export deflation overseas, people's standard of living would improve drastically.
Timestamped Evidence
"...just our economy, but society, that will greatly improve. Our standard of living? If there is such a thing?"
"...Chinese goods flowing to United States allowed Americans a higher standard of living. And so now that you remove Chinese goods. Well, most Chinese..."
"...Chinese individual has not seen a huge improvement in his standard of living. And so there is not a great confidence in the future,..."
"...from immigration, from sky -high property prices, from an increased standard of living? And the answer is baby boomers, okay?"
"...a house. Canadians can no longer find a decent job. Standard of living has gone way up in Canada. Then you have the COVID..."
"...you're a middle -class American, you basically have a higher standard of living than the Roman emperor. Because you could, you know, every day..."
"...self -sufficient. The Chinese government has guaranteed a very high standard of living for the Chinese citizens."
"...produce really cheap products to the world, which increased people's standard of living. And that made Western consumers really happy. But then came the..."
"...to maintain your hegemony, um, you want to maintain your standard of living. And that's why we're seeing, uh, this, um, these military actions...."
"...rate. What are some other signs? You see a lower standard of living. And all this means is that inflation, right? So people make..."
"...it reduces. Okay. Cohesion. Okay. And it also reduces the standard of living. Okay. Another sign of decline is also housing prices go up...."
"...cheap gas to germany which fueled the german economy which increased standard livings for for europeans europeans are addicted to cheap russian oil so..."
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