The persistent lack of economic recovery in China has led to widespread pessimism and discouragement among its citizens. Recently, a “2024 Misery Ranking” has gone viral on Weibo:
1⭐: Unemployed
2⭐: Unemployed + No Savings
3⭐: Unemployed + No Savings + Mortgage
4⭐: Unemployed + No Savings + Mortgage + Raising Children
5⭐: Unemployed + No Savings + Mortgage + Raising Children + Debt
6⭐: Unemployed + No Savings + Mortgage + Raising Children + Debt + Debt Collectors
7⭐: Unemployed + No Savings + Mortgage + Raising Children + Debt + Debt Collectors + Illness
8⭐: Unemployed + No Savings + Mortgage + Raising Children + Debt + Debt Collectors + Illness + Parents’ Illness
9⭐: Unemployed + No Savings + Mortgage + Raising Children + Debt + Debt Collectors + Illness + Parents’ Illness + House Foreclosure
Ten stars: Nine stars + House prices dropped by half.
Eleven stars: Ten stars + The house is left unfinished.
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China’s 2024 Misery Ranking, Far Worse Than Unemployment
