@ honestly I expect the north to become the economic hub with the wild fires in the boneyard, the north is a much better climate but it has been overlooked by the government who instead have chosen to waste money on the Mojave and Baja campaigns!
@ we need a bigger violin, I agree with the editors lol not only do they all look the same but those slant I’s should never be left alone with a dog or a cat.
To be fair Europeans wouldn't mind seeing Dutch train stations when discussing Belgium. An actor playing a German person can be from Massachusetts, London or Melbourne and you won't be able to tell it from looks alone.
God people like you are the worst. They'll even cite sources but because they're reporting on something or someone you like you feel you have to defend it. In this case it's china
Yep... Western media loves to pick out numbers that make it looks like China is struggling but China operates in a completely different economic model. The example same metrics won't reveal the true state of their economy. It's not that "The Chinese people don't have enough disposable income". I go to China twice a month if not more often. Their restaurants are full and their malls are packed with patrons. The Chinese do have plenty of disposable income, its just their costs-of-living is so low, that's why the numbers always look bad on paper.
@@armaan6101 There you go complaining about the US again. Trump has said that China will not pay the tariffs, only the poor US consumer will pay the tariffs. Relax. All is well.
@@aaroncohen2700 pretty sure that's what Trump is trying to do tho? Make the imports of countries they have a trade deficit with to be more expensive than local products. He said it'll facilitate the development of the US market or something, who knows but I doubt Vietnam will get off scot-free when the trade deficit went soaring after the US-China trade war.
US domestic manufacturing makes up 15% of global manufacturing while the US is only 4% of the global population. Chinese domestic manufacturing makes up 28% of global manufacturing while their population is 17% of global population. So the US makes 3.75x the domestic manufacturing output relative to their global population share while China does "only" 1.6x relative to their global population share. Seems like the US is doing pretty ok.
@@olska9498 By monetary value or quantity? By quantity china is a long way ahead than USA. 57% f all steel is produced in China compared 7% in USA. 55% of all aluminum is produced in china compared to only 4%. For glass 28.2% in china vs 6.8% in USA.
@@JSM-bb80u I'd rather have my country produce high-value turbines, machinery, medicaments etc. instead of being the largest manufacturer of low-value shoes and steel.
guys comon your broll at 2:36 is a japanese station; china has thousands of miles of high speed rail; surely you can find some chinese high speed rail footage.
@@Carthodonlol. I am confused whether you are joking or gullible enough to believe those things. If you aren't joking, there are hours and hours of UA-cam vlogs on Chinese HSR.
Now do a video on how china just "increase domestic demand" as if youre playing a video game with a domestic demand slider. If they want to increase demand they are going to have to increase surplus cash to the consumers.
Consumers would direct income away from savings/investment and towards consumption (including increasing personal investments to renovate their home or take a language class). The government would borrow less and tax less for investment, laying off workers from building yet more empty towers and trains, these workers then get jobs renovating apartments and teaching the language class (for example). People find they have more money to spend when inflation plays out differently for different things (their own labour on exported consumables that experience increased local demand instead), when taxes are reduced, and when laid off workers desperate for an income offer services cheaply. All of these are example mechanisms, there could be others. Just imagine all the goods that would have been exported flooding the local market instead. Lower prices mean a surplus of household income to buy more local goods and services.
@@SuperRobertByrne If the goods that were being exported to much wealthier people abroad are suddenly redirected into the domestic market, then the income of the companies drop. That would then either require mass layoffs, mass pay cuts, or some combination thereof.... which cuts the spending available to buy those goods even more, repeat. Companies in China are over-leveraged (in massive debt) and can't afford to absorb any shocks, not even in the extreme short term. Think for at least 20 seconds. If selling to richer customers still isn't enough to pay their workers more, how would cutting the companies income by forcing them to sell at lower prices to the poor domestic population lead to raises for the workers? It obviously leads to the opposite, pay cuts or layoffs.
"The global trade war is deeply unbalanced" It has always been unbalanced. The only difference is that the west is getting the short end stick. It wasnt a problem when africa and asia werent getting for the past 50 years in relation to the west 😂
Sorry but how is the West getting the short end [of the] stick? Companies like Walmart, Apple and Amazon have sure profited immensely by tapping into China's production. It's just that the gains made by Western Corporations weren't properly taxed and fairly distributed amongst the people in Western countries. That's hardly China's fault, is it?
A trade war is in relation to who can sell the most. Back then, it's not that anyone was actively fighting against trade from africa or asia. They just did not produce that much to sell as exports altogether.
@David_Box Not true my brother. African countries did try to push against unfair trade practices. Have you heard of economic hitman? The leaders who tried were removed by western countries from power. France alone replaced 60 leaders in Africa since 1960. Lets not forget that GATT (later wto), IMF, world bank, etc..,are institutions created to benefit those who created them
No, it certainly was back then as well. The British in particular took issue with China refusing to allow imports into their country, and for only allowing the British to pay for Chinese products with silver.
look at the mile long list of terrible infrastructure projects in Asia that have been done but have no practical use. Infrastructure is vital, but what is the need for a road if it goes to nowhere and no one uses it?
@@JorgeTorresH This is also a major problem with suburbs, which have more infrastructure than the homes there can reasonably pay for, shifting costs elsewhere (or leading to long term decline).
it´s just a fight over a term, that that West uses, when others are better, but never when the West harms others in the exact same way (without even being better, by the way)...
*I wasn't financial free until my 40’s and I’m still in my 40’s, bought my third house already, earn on a monthly through passive income, and got 4 out of 5 goals, just hope it encourages someone's that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made.*
The wisest thing that should be on everyone mind currently should be to invest in different streams of income that doesn't depend on government paycheck, especially with the current economic crisis around the world. This is still a time to invest in Stocks, Forex and Digital currencies.
People dismiss the importance of advisors until they are burned by their own emotions. I remember a couple of summers ago, following my lengthy divorce, I needed a good boost to assist my business stay alive, so I looked for qualified consultants and came across someone with the highest qualifications. He has helped me raise my reserve from $275k to $850k, despite inflation.
Investing with an expert is the best strategy for beginners and busy investors, as most failures and losses in investment usually happen when you invest without proper guidance. I'm speaking from experience.
You know they never talked abt how bad a Trade Surplus was back when the UK and the US were incurring it one countries like China and the rest of the world😂
You can ask Japan how it went for them when their trade surplus with the US was shut down, the close relationship between business and government made it a lot easier to create a general investment bubble rather than give ordinary people more money. Japan still has demand problems to this day.
Yes, too bad for Japan. A trade surplus was a plus for Japan. That's why the US needs to have a trade surplus also, not a trade deficit. A trade deficit is not a plus.
CCP is a propaganda term mainly used by the china hawks in the west. the official abbreviation for the Communist Party of China is CPC. using the official term would mean increasing TLDR's professionalism.
"CCP is a propaganda term" Literally how? I understand that the CCP wants people to use CPC, but CCP has been used for so long in the English speaking world, that nobody knows what the CPC is. (And also it would confuse the issue with the Conservative Party of Canada, CPC). The intention of language is to be understood. It's also quite arrogant of the CCP to demand how English speakers abbreviate their own words, so long as the order hasn't fundamentally changed the meaning of the word. For example, the Soviet Union was abbreviated as USSR in English (Union of Soviet Socialist Republics) when it was CCCP in Cyrillic, or SSSR in Latinized Russian (Soyuz Sovyetskikh Sotsialisticheskikh Respublik). Spanish speakers also abbreviate the U.S. as the E.U. (Estados Unidos) where if it were a direct translation, it'd be U.E. (Unidos Estados), but that doesn't exactly work in the Spanish language. The Mandarin name for the US doesn't even make any reference to the country's official name (If I'm not mistaken, it translates as Beautiful Country) and if I'm again not mistaken, the name "China" in English, doesn't properly capture the meaning of what Chinese people would call their country in their own language. But again, language is meant to be understood. Americans/westerners aren't going to understand what you mean if you say 'Zongguo', and even if you say 'Middle Kingdom', in English that's typically reserved for speaking about China during the dynastic periods, rather than the modern entity. CCP is understood as the party in control of China. CPC isn't understood as that. Forcing such a change would serve no point, other than to be pedantically correct. It's for this reason that I continue to say Turkey when referring to the country inhabiting much of Anatolia, and not Turkiye.
A trade war's impact on China's economy is complex and depends on various factors. While trade wars typically impose economic costs on both sides, there are scenarios where China could derive some potential benefits or strategic advantages. The continuously changing economic conditions in our society have made it necessary for people to find additional sources of income, thus I am looking at the stock market to fuel my retirement goal of $3m, my only concern is the recent market crash.
Every crash/collapse brings with it an equivalent market chance if you are early informed and equipped, I've seen folks amass wealth amid economy crisis, and even pull it off easily in favorable conditions. That should be the least of your concern. Also explore the option of working with a CFA to reduce greatly your chances of loss.
Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.
I'm intrigued by this. I've searched for investment advisers online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation??
Finding financial advisors like Lisa Grace Myer who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
I don't think that the ccp exploits ordinary chinese workers for exports. Cheap labor is like the biggest strength of basically any emerging economy. Mexico,indonesia and india all these emerging economies have relatively cheap labor. I think chinese workers just like japanese work a lot more and that's why they mass produce so much
The main reason is because China has the most complete and mature industrial chain in the world and no others even come close. You really think any countries with cheap labours can do this and replace China? If that's the case India and Africa would already be superpowers 😂
Germany is in de industrialization, because Germany does not have enough electricity. Energy in the key. US want to build AI hub in Texas, however, there is not enough electricity in Texas, while AI computing requires enormous electricity, so how to get this? get this electricity from the thin air?
China employ the most robotic industry , account for 60% of global robots , also Chinese electricity output ranked no.1 , 200% more than USA. 500% more than India. 33 times more than Vietnam.
I'm a Chinese student who immigranted to the US. My take is that the idea of tarrif forcing a change in the economy applies to both China and US. Yes, china absolutely needs to increase domestic consumption, as huge trade surplus has not helped the regular chinese person. Most chinese today, including my upper middle class relatives in shanghai, have felt the economy has been in a recession since 2022. Wages are stagnant or down, new university graduates are finding jobs extremely hard come by and unemployment is high. The government devaluing the yuan to help stimulate export, but that doesn't help the producers as import of raw materials become more expensive. So a switch to domestic consumption is desperately needed. The problem is that most local governments are broke, in huge debt from all the infrastructure building the, now the maintenance cost of those things are causing even more debt. Besides, most of the taxes goes to the central government. But the central government is the one that decided on export focused policies. For the US. I habe to say that I have never seen a country so rich but with such bad spending habits. Most Americans have the fiscal discipline less that that of asian children. This a country where rampant domestic over consumption is happening. Most Asian Americans are very prosperous because we don't spend more than we make (common sense), and we save and invest 20% or more of our income. And yes, this is why we are becoming so wealthy. So much of the inequality and trade deficit is due to the bad American spending habits. Temu, Shein, are raking in the money by expoliting a customs loophole, all of influencers pedling overpriced things that end up in land fills... I would close the customs loophole first, but a tarrif would also force Americans to finally think before they spend. And when Americans become more responsible with their own personal spending, they might elect politicans that don't overspend as well.
Very valid argument. Inflation and housing is so high right now that saving is just not possible for most people below 40. Especially if you are a renter. Especially if you have student debt. Especially if you are single. China has always been a low consumption country viz a viz its exports. The west did not invest as much in other countries and depended too much on China for this imbalance to happen in the first place. Now Chinese good manufacturers can outpace and outprice any country trying to make a dent in its market share.
Somehow I cannot avoid the feeling that this is a promotion video for the book "Trade Wars are Class Wars" by Matthew Klein and Michael Pettis. :-) And, yes, you should definitely read it for understanding the underlying causes of trade wars.
Calling it now. If the tariffs go through the choice between the U.S. and China as a partner, trade or otherwise, is going to get much clearer for many countries. Who wants to do business with an entity whose slogan is literally “me first”.
Oh, yes, the wolf warrior nation that gleefully threatens to cut nations off from resources to punish them for pressuring them away from invading their neighbors, is the clear winner. Maybe pay a bit more attention to how China behaves.
I don't see this causing stability. Isn't one of the biggest things restraining China from invading Taiwan is because they're so dependent on global trade? If they declared war today sanctions would probably hit very hard. Russia survived these, but that's after accumulating massive reserves and having already experienced and been used to sanctions in 2014 with much less reliance on the West. In an autocratic regime like China people only go along with it so long as things are stable. Ig China could already be set on invading Taiwan anyway, and this could just reinforce their reasoning. But I doubt this If they've been trying to encourage exports which would hamper them If a world war broke out.
2:35 But central government always bail out those local government from their loans. Central government get their money for foreign trade. So I don't see a problem here. Chinese government heavily subsidize highspeed railway. Doesn't that mean average Chinese person who often uses highspeed railways consumes in an indirect way ?
The problem is the central government really don’t want to bail out the local gov from their loan, the local gov have a debt limit from central gov, when the ceiling is hit, local gov then go borrow from private “city investment company”(城投公司） which have high interest rate but allow local gov to get more money for investment and infrastructure. Now when many investment across the local govs fails along with the failing real estate industry which is the main source of income in past years. Their city investment company debt （城投債）become a crisis , in just last year, the central gov are force to increase the limit so that local govs can pay out the private debt first by borrowing from central gov then pay the central gov in longer timeframe with less interest rate.
@@EzyGaming Seems like temporary problem which is being addressed by the central government. So as you said the central government has increased the debt limit those local government can now directly borrow from central government. Also local governments don't entirely rely on private or central government loans for their infrastructure projects. They get a lots of money from property taxes for factories.
@ yes, that’s why they need to keep the factory and the local consumers market running in few policies. One of them is by expanding overseas, as you see in these few years shein and temu arise and other industry are desperately finding way to expand their global business to stay afloat, Related to another policy, they are so desperate because the local consumers don’t spend anymore, so another policy to keep the market and factories alive is to boost the consumer spending, therefore in just one or two months ago central government are giving out a lot of subsidies for stuff like EV, electric appliances and more. Another policy of boosting local consumer market is to release buying power from property debt. As the whole chain of this crisis started from the real estate industry decline, the central government rolled out a quite aggressive policy to reduce most property debt interest rate to release spending power. With all these policy attempts to save both the company, industries, factories and the consumer market. The decline and impact of the crisis… well is not that effective because a in the grand scheme of the china market, the scale of the policy is not really that big. (But it does buys them more time for future action)
@@BatCountryAdventures they don’t immediately help them pay all their loan, but bail them out from the private companies , much similar to changing the debt owners to the local gov instead of them. But considering their relationship, in some day in future government could say I’ll completely bail you out from debt and clear all their debt. In china everything is possible.
@0matters true, but the quality shoddy since building more makes the numbers looks bigger w/ promise people living inside those, but they are little of them nowadays
I'm no specialist of China's economy, but as far as I know, China faces tremendous difficulties in real estate, in young workers employment, demographics and pensions (due to low young worker employment and aging population). Most of their problem are related to the demographic issue, as only child policy babies are now becoming the workforce. The 4-2-1 model (4 GP, 2 parents, 1 kid) is not sustainable : 1 kid can't bear this disbalance. In this regard, domestic consumption is most likely to fall in the next years, as a significant part of population will become pensioneers. Would love to have insights from specialists to improve my knowledge on China.
One important thing I saw pointed out about trade defects is that it doesn't take into account value added via manufacturing processes. If I import a whole bunch of sand for cheap, and I use it to build some ultra-hightech optics, then even if I don't export those optics my country's wealth has still increased.
Thats the hope. We are tired of listening to snobby Europeans who think they are still global superpowers. Tiny populations of isolated people thinking they understand every facet of the world. It would be a relief to not fund 70% of their defense while simultaneously listening to their rhetoric day in and day out. We are done with the disrespect.
What a bullshit, , or simply I was stupid, I don't know why I spent the last 10 years study economy. Maybe things are simple as this smart ass says it is. With this logic, I can argue, a trait war with Europe would be good because it foster a self dependent economy and innovation in Europe. LOL, fight, fight fight fight , vivid voices from high school strategy
Economies and the global economy is basically like a server people play on. The server rules can define how people play but ultimately no one really knows how any change will affect how people play within the server and thus affect the overall good of the server.
Predicting inflation starting to rise again this quarter while leading indicators showing economy slowing (not to mention government figures pumped up for their Gain side). Global economy very weak which affects US. Fed dropping rates 0.50 shows they're VERY worried about financial downturn/crisis. interest rates coming down are also an indication banks are LESS willing to loan money into existence. The question here is where is the inflation going to come from in the near term? Consumers are mostly tapped out which is 70% of US economy (consumption). Yes inflation very likely to return but not before it continues to come down... Inflation can be a concern, but remember, certain assets like stocks and Crypto’s acts as a hedge. Long & short-term trading is generally safer, allowing investors to weather market volatility. I have managed to grow a nest egg of around 3.2 Btc’s to a decent 27Btc’s in the space of a few months... I'm especially grateful to Kathleen Eisen, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
It really helped trading with Kathleen Eisen analysis, even with the market in a downward trend. Definitely riding the market wave is a good perspective..
Ah the usual TLDR cycle. Put up a bunch of videos about why a country is doing badly and then, six months later, put up a bunch of videos about why a country is doing pretty good actually. Up next, why Russia's economy is actually doing great and why the Swiss are due for an economic crisis.
I personally support the consumer rebalancing of China but (as a Nigerian) that the IMF is *pushing* for something makes me step back and think a little
I was thinking the same thing. Might force them to change their strategy and not be so dependent on exports so they're less susceptible to this in the future.
it isn´t... It´s bad for western Billionaires, so, it´s actually good... The only problem is, that the talking-points of western Billionaires have become the talking-points of tldr and thus, of us all... curiously... Cause it makes no sense... When we start repeating the talking-points of western Billionaires, it´s the age of Neoliberalism.
The logic here just seems completely flawed. It would be like saying the solution to someone's obesity is to starve them for a week. Sure, the health consequences in the short term would be catastrophic, but surely they learn good weight management and dieting afterwards right?
Actually to this day China can't build a current generation jet engine, and still depends on Russian designs and Russian workers. Which is hilarious, because Russia is behind a full generation too at this point, and is depending more and more on tech imports from India of all places, and guess where India gets their designs from (America and Germany).
The IMF legit saying that trade surplus is a bad thing :)) This is just another "the USSR needs to implement shock therapy in other to save it's economy. Woops turns out we were full of shit"
Maybe getting rid of the restrictions on chip exports will help fix the trade deficit? Of course we will have deficit if we don't let them buy our stuff...
That's the overview, a good start, but throw in a few other factors such as governments subsidizing specific industries or business sectors, plus controls placed on capital markets. Both of those factors are related and if manipulated too much by a government can create problems.
"Trade Wars Are Class Wars: How Rising Inequality Distorts the Global Economy and Threatens International Peace" by Matthew C Klein and Michael Pettis is a grat book related to this topic.
Its amazing how Chinese workers get paid a fraction of American workers yet have a better quality of life and public services overall. Can you do a video on this?
So, you're saying tariff might actually good for both side? Trump get his reduced trade deficit & CCP can focus more on domestic consumption. the US citizen get the worse deal tho
The U.S. worrying about a trade deficit is so ridiculous. The only scenario where a trade deficit in this way is a problem is when you're using the dollar but you can't print dollars. But this isn't a problem for the United States which can do that. A trade deficit literally means that you are getting more stuff for your people than you're giving back. And all you have to give in return is they get more dollars, which the U.S. isn't going to run out of. Just silly.
Trump’s absolute stupidity and cruelty are only matched and sometimes surpassed by his most avid and vocal supporters’ absolute stupidity and cruelty.🤦
I don't know man , it's really hard to trust any western sources about chinese economy these days. According to them chinese economy is "shrinking" but in reality chinese exports keeps on growing.
Problem with gdp in China is that labour outside the exclusive economic zones doesn't contribute the same as that inside the eez. So you're argument is probably flaw from the start due to flawed stats.
This is completely false in every single way, search up the top 10 Chinese cities with the highest GDP and how many of them are special economic zones? It's no longer even a thing anymore.
It's just going to mean that Chinese businesses will have to sell more to domestic markets and they'll have to lower the prices to do it otherwise they won't be able to sell them and they'll lose even more money. It's going to be good for Chinese consumers and improve the standard of living.
One nickname for President Trump within China is “Comrade Jianguo” (建国同志), meaning “Comrade Build-the-Country”-which gives a bit of an idea of the Chinese view of things.
If China doesn't export it's excess production, it doesn't increase domestic demand because there is more stuff lying around. It forces the price of that stuff down because there is less demand. Then because companies aren't making enough money they go out of business and people lose their jobs and then there's less demand domestically too. There's a reason why countries have a 2-3% inflation rate target... falling prices are hard to fix.
Chinese consumers aren’t going to buy their own goods. They’re too deeply in debt, the average Chinese worker isn’t that rich, and many of them are unemployed. If anything, the tariffs will launch them into a deflationary cycle. It will also raise prices for American consumers, which is going to be very painful for Americans.
I suppose in some ways they need a repeat of the exchange rate rebalancing that Japan had in the 1980s... but China probably fears then getting an economy stagnating bubble like the one that hit Japan in the 1990s.
One important component was never mentioned in the video. Culture. Americans have a consumer culture that doesn’t exist to the same extent in any other country. China does not have this consumer culture. Even as he said in the video, the wealthy still aren’t spending enough on cheap consumer goods and are attempting to save their money in assets like property. Even if you could wave a wand and have the Chinese government attempt to send out crazy stimulus checks, it would mostly be saved, not spent.
American gdp growth be like , a guy buys a funk pop a day, now it buys 2 chinese gdp not even top 10 ik robot densityb10 years ago, just surpassed japanes and hermany last year even tho at a disadvantage due to the metric used to record said density
Most people do not understand what the dilemma between China and the United States is. To put it simply, America's predicament is caused by the extreme greed and selfishness of capital, while China's predicament is caused by excessive restraint and the use of resources for long-term planning. The US is a spring that has lost its elasticity, while China is a spring that is taut. Therefore, China has a lot of leverage in the trade war, as long as China relakes capital a little, domestic demand can be boosted.
It would be bad for Chinese economy in short term but good in long term. The world might be more polarized with anti-US nations coming to one side and pro-US nations on other sides. Neutral and small nations forced to choose sides. The China could be the favorite for a lot of them.
Chinese people choose not to buy so much stuff not because they're paid too little but because they want to save and invest for the future. When a country exports too much, it drives up the cost of everything. If the exporting slows down, goods will become cheaper and Chinese people will begin to consume. On the other side of everything, the USA consumes much more than it makes. It can afford this from the powerful dollar and the massive amounts of debt the governmrnt dumps into the economy. If the USA artificially drives up the cost of imports with tariffs, there will just have to be less consumption. If the USA starts to export a lot of its goods, those goods will become more expensive domestically and Americans will consume even less. Ultimately, what Trump is aiming for publicly is to make Americans live poorer now rather than waiting for the dollar to devalue. If he actually reigns in the deficit spending, imports are going to have to slow down regardless of what he wants. But i think Trump's real goal is to just maximize profits for the few manufacturers who make products domestically. He's pretty much against free economics and all for crony capitalism. He's the most anti-business president we've had in a long time.
If we can help China and the world while helping the United States, I think that synergistic economies have a higher probability of creating a stable and sustainable geopolitical future. This is something I understand to be good.
Weak internal consumption is not by making but BY DESIGN, is it the logical outcome of the Chinese system. A simple economic stress will not fix it by the slightest.
Completely insane analysis - you’re arguing that China should artificially inflate its economy so it tax its citizens so the numbers on a balance sheet are positive instead of negative, i.e. financial engineering. They have a debt level between a typical developing and typical developed country while being the world’s second largest economy. If the “developed” world increases tariffs on China the average citizen living paycheck to paycheck will be fucked. No one wins in a trade war
Would have liked there to be discussion of balance of payments and the capital account. America gets the trade deficit back as investment such as China buying treasuries.
Wuzhou, Guangxi, near Guangdong and Shenzhen, is poised to become a key innovation hub by 2025, driven by China's push for technological and economic leadership. Excelling in AI, robotics, biotech, and agritech, Wuzhou's growth reflects key government strategies: High-Tech Clusters: Inspired by Shenzhen, policies like Made in China 2025 advance innovation. Regional Integration: Part of the Greater Bay Area, linking Guangdong, Hong Kong, and Macau. Urban Modernization: Upgrading smaller cities with smart development initiatives. Global Connectivity: Infrastructure under the Belt and Road Initiative. Wuzhou highlights China's focus on innovation-led growth and regional development.
Too much excess in China will result in closures of some manufacture businesses. It won't be all absorbed elsewhere, if they could do that they would already do that.
I am convinced by the latter. If they wanna switch to household consumption they would have to seriously lower the cost of these things (which would also influence overall gdp growth). I mean purchasing power parity is not gonna improve from day to day even if by some magic wages would increase rapidly ...
lol chinas thriving in every industrial sector, how about the US? 😂 the truth is that China produces as good products as the US does at a way cheaper price, and that’s why the US will lose this trade war
i have an unbalanced trade deficit with Sainsbury's but u don't see me complainin
US has a global trade deficit, China is the biggest one. If you run a global trade deficit you will complain
You should charge yourself extra to shop there, so you can balance it.
Or do half your shop at Lidl and the other half at Sainsbury’s then you'd balance it.
@@teabagtowers3823Or go all in at Lidl. Embrace it
As long as Sainsbury doesn't realize they are getting counterfeit money, you have no reason to complain. Keep on printing Treasury Department.
Who causes most of the problems in China: China
Who causes most of the problems in the US: the US
Who each of them blame: the other guy
Where did china learn all the dirty secrets of capitalism?: the us
The irony of this is it applies to every single country in the world. But generally, they still blame the US or China lol
Who causes most of the problems in China: China
Who causes most of the problems in the US: The woke -California and China , etc !
EH+
When have you heard that China blames the US for its problems??
Still waiting for an update about the economic state of the NCR Economy
Real
Same. I wonder if Shady Sands has become the economic hub that they were expecting.
@ honestly I expect the north to become the economic hub with the wild fires in the boneyard, the north is a much better climate but it has been overlooked by the government who instead have chosen to waste money on the Mojave and Baja campaigns!
Well... Shady Sands is still on fire and New Vegas is still stealing all the water.
Because of how inconsistent it is I consider the Bethesda lore to be a separate canon, even if there is occasional overlap.
As a Canadian, I think China might be willing to partner with us and I would like to replace my Ford with a cool BYD.
Give in to China slop West has fallen
2:36 "lets show a Japanese Train station when discussing China, who cares they all look the same" -TLDR Editors
The world's smallest violin is here for you
@ we need a bigger violin, I agree with the editors lol not only do they all look the same but those slant I’s should never be left alone with a dog or a cat.
To be fair Europeans wouldn't mind seeing Dutch train stations when discussing Belgium. An actor playing a German person can be from Massachusetts, London or Melbourne and you won't be able to tell it from looks alone.
@@prohacker5086good for u?
At least they are both from Sinosphere. American media used to use images from India and Philippines to demonize China calling it "poor".
Ah I see, Its the monthly "China's Economy is in chambers and will break" Video series that has been going years
God people like you are the worst. They'll even cite sources but because they're reporting on something or someone you like you feel you have to defend it. In this case it's china
Decades😂
Tldr need to put food on the table. Don't blame them😂😂😂
Seriously, it’s so comical at this point 😂
"Guys i swear china is gonna collapse and stagnate from now on"
Chinese domestic consumption is ridiculously cheap, they're not consuming less than us it's just not contributing the same value to the metrics
Everything they buy is a fraction of what it costs us. Their currency needs to strengthen.
Nope they obviously consume less, there exports are also the same cost there good are
Yep... Western media loves to pick out numbers that make it looks like China is struggling but China operates in a completely different economic model. The example same metrics won't reveal the true state of their economy.
It's not that "The Chinese people don't have enough disposable income". I go to China twice a month if not more often. Their restaurants are full and their malls are packed with patrons. The Chinese do have plenty of disposable income, its just their costs-of-living is so low, that's why the numbers always look bad on paper.
Because the properties have tanked the government can't even stop it.. disposable income my arse. The rerun of the Japanese recession.
@@BatCountryAdventures "the restaurants are full" is this your analysis of chinese economic problems? 😂you sound like Berlusconi!
Damn they keep playing same and same animation wtf???
Bro is getting cheap ngl
Is that a demonstration of Nebula graphics?
Boring
i don’t understand why the west loves to tell china how to run their economy LOL
Yes, and China should not tell us how to run ours. If we want tariffs, China shouldn't complain.
@@afriedrich1452 saying that when tariffs impact everyone else 1000x more than the USA is hilarious
@@armaan6101 There you go complaining about the US again. Trump has said that China will not pay the tariffs, only the poor US consumer will pay the tariffs. Relax. All is well.
"The winner is Vietnam. Looks like communism takes the win again. 😂"
Aren't they also gonna get tariffs too?
@@dkwhattouseasusername1012Yes but willing to follow
State capitalism win
@@dkwhattouseasusername1012If those tariffs don’t make their exports cost more than American products then it won’t be a hit to them.
@@aaroncohen2700 pretty sure that's what Trump is trying to do tho? Make the imports of countries they have a trade deficit with to be more expensive than local products. He said it'll facilitate the development of the US market or something, who knows but I doubt Vietnam will get off scot-free when the trade deficit went soaring after the US-China trade war.
"protect American industry" What industry?
Almost everything is made outside the US
Oil and gas. That's why they put tariffs on Chinese EVs solar panels and batteries.
US domestic manufacturing makes up 15% of global manufacturing while the US is only 4% of the global population.
Chinese domestic manufacturing makes up 28% of global manufacturing while their population is 17% of global population.
So the US makes 3.75x the domestic manufacturing output relative to their global population share while China does "only" 1.6x relative to their global population share.
Seems like the US is doing pretty ok.
@@olska9498 By monetary value or quantity? By quantity china is a long way ahead than USA. 57% f all steel is produced in China compared 7% in USA. 55% of all aluminum is produced in china compared to only 4%. For glass 28.2% in china vs 6.8% in USA.
@@JSM-bb80u I'd rather have my country produce high-value turbines, machinery, medicaments etc. instead of being the largest manufacturer of low-value shoes and steel.
@@olska9498 what's you phone brand (or the device your using now)?
guys comon your broll at 2:36 is a japanese station; china has thousands of miles of high speed rail; surely you can find some chinese high speed rail footage.
Too many cameramen got arrested for spying. Japan way easier.
@@Carthodonlol. I am confused whether you are joking or gullible enough to believe those things. If you aren't joking, there are hours and hours of UA-cam vlogs on Chinese HSR.
yes one can easily identify hiragana and katakana in that and figure out its japanese and not chinese
@@randomhumanofearth7267 not even that, just the train gives it away, that one is very well known to be Japanese
@@Carthodonyou serious?
Now do a video on how china just "increase domestic demand" as if youre playing a video game with a domestic demand slider. If they want to increase demand they are going to have to increase surplus cash to the consumers.
They plan to distribute discount coupons to everyone every month to encourage consumption
Well, the CCP could just force all companies to raise wages, causing all Chinese to have more money, thus increasing domestic consumption.
Consumers would direct income away from savings/investment and towards consumption (including increasing personal investments to renovate their home or take a language class). The government would borrow less and tax less for investment, laying off workers from building yet more empty towers and trains, these workers then get jobs renovating apartments and teaching the language class (for example). People find they have more money to spend when inflation plays out differently for different things (their own labour on exported consumables that experience increased local demand instead), when taxes are reduced, and when laid off workers desperate for an income offer services cheaply. All of these are example mechanisms, there could be others. Just imagine all the goods that would have been exported flooding the local market instead. Lower prices mean a surplus of household income to buy more local goods and services.
Make a minimum wage.
@@SuperRobertByrne If the goods that were being exported to much wealthier people abroad are suddenly redirected into the domestic market, then the income of the companies drop. That would then either require mass layoffs, mass pay cuts, or some combination thereof.... which cuts the spending available to buy those goods even more, repeat.
Companies in China are over-leveraged (in massive debt) and can't afford to absorb any shocks, not even in the extreme short term. Think for at least 20 seconds. If selling to richer customers still isn't enough to pay their workers more, how would cutting the companies income by forcing them to sell at lower prices to the poor domestic population lead to raises for the workers? It obviously leads to the opposite, pay cuts or layoffs.
"The global trade war is deeply unbalanced"
It has always been unbalanced. The only difference is that the west is getting the short end stick. It wasnt a problem when africa and asia werent getting for the past 50 years in relation to the west 😂
Sorry but how is the West getting the short end [of the] stick? Companies like Walmart, Apple and Amazon have sure profited immensely by tapping into China's production. It's just that the gains made by Western Corporations weren't properly taxed and fairly distributed amongst the people in Western countries. That's hardly China's fault, is it?
A trade war is in relation to who can sell the most. Back then, it's not that anyone was actively fighting against trade from africa or asia. They just did not produce that much to sell as exports altogether.
@David_Box Not true my brother. African countries did try to push against unfair trade practices. Have you heard of economic hitman? The leaders who tried were removed by western countries from power. France alone replaced 60 leaders in Africa since 1960. Lets not forget that GATT (later wto), IMF, world bank, etc..,are institutions created to benefit those who created them
US is doing something about, why didn't Asia or Africa..?
No, it certainly was back then as well. The British in particular took issue with China refusing to allow imports into their country, and for only allowing the British to pay for Chinese products with silver.
Western experts: ''Trade surplus and building infrastructure is le bad''
Yes, unproductive infrastructure is bad. It degrades slowly but surely without paying for itself, so it's like pouring money into a sinkhole.
look at the mile long list of terrible infrastructure projects in Asia that have been done but have no practical use. Infrastructure is vital, but what is the need for a road if it goes to nowhere and no one uses it?
@@JorgeTorresH This is also a major problem with suburbs, which have more infrastructure than the homes there can reasonably pay for, shifting costs elsewhere (or leading to long term decline).
It's the Uniparty projection for 3% deficit this year .
Silver Tsunami is ticking
4:19 i have an issue with saying this is "unfair" competition as if they are "not playing fair" by having lower production costs...
it´s just a fight over a term, that that West uses, when others are better, but never when the West harms others in the exact same way (without even being better, by the way)...
*I wasn't financial free until my 40’s and I’m still in my 40’s, bought my third house already, earn on a monthly through passive income, and got 4 out of 5 goals, just hope it encourages someone's that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made.*
The wisest thing that should be on everyone mind currently should be to invest in different streams of income that doesn't depend on government paycheck, especially with the current economic crisis around the world. This is still a time to invest in Stocks, Forex and Digital currencies.
That's awesome!!! I know nothing about investment and I'm keen on getting started.
What are your strategies?
People dismiss the importance of advisors until they are burned by their own emotions.
I remember a couple of summers ago, following my lengthy divorce, I needed a good boost to assist my business stay alive, so I looked for qualified consultants and came across someone with the highest qualifications. He has helped me raise my reserve from $275k to $850k, despite inflation.
If you are using a really good broker or account manager, it's easier to earn from the market
Investing with an expert is the best strategy for beginners and busy investors, as most failures and losses in investment usually happen when you invest without proper guidance. I'm speaking from experience.
You know they never talked abt how bad a Trade Surplus was back when the UK and the US were incurring it one countries like China and the rest of the world😂
It's not even that much of an issue, just some populist talking some populist nonsense.
They had no issues with it until China started competing in the IT sector, not just manufacturing.
that intro music sounds like an adult video ad
No it doesn’t
You can ask Japan how it went for them when their trade surplus with the US was shut down, the close relationship between business and government made it a lot easier to create a general investment bubble rather than give ordinary people more money. Japan still has demand problems to this day.
Yes, too bad for Japan. A trade surplus was a plus for Japan. That's why the US needs to have a trade surplus also, not a trade deficit. A trade deficit is not a plus.
CCP is a propaganda term mainly used by the china hawks in the west. the official abbreviation for the Communist Party of China is CPC. using the official term would mean increasing TLDR's professionalism.
What message do you think "CCP" is carrying that "CPC" isn't?
They both literally mean the same thing 🤡 maybe you should grow a brain.
"CCP is a propaganda term"
Literally how? I understand that the CCP wants people to use CPC, but CCP has been used for so long in the English speaking world, that nobody knows what the CPC is. (And also it would confuse the issue with the Conservative Party of Canada, CPC). The intention of language is to be understood.
It's also quite arrogant of the CCP to demand how English speakers abbreviate their own words, so long as the order hasn't fundamentally changed the meaning of the word. For example, the Soviet Union was abbreviated as USSR in English (Union of Soviet Socialist Republics) when it was CCCP in Cyrillic, or SSSR in Latinized Russian (Soyuz Sovyetskikh Sotsialisticheskikh Respublik). Spanish speakers also abbreviate the U.S. as the E.U. (Estados Unidos) where if it were a direct translation, it'd be U.E. (Unidos Estados), but that doesn't exactly work in the Spanish language. The Mandarin name for the US doesn't even make any reference to the country's official name (If I'm not mistaken, it translates as Beautiful Country) and if I'm again not mistaken, the name "China" in English, doesn't properly capture the meaning of what Chinese people would call their country in their own language.
But again, language is meant to be understood. Americans/westerners aren't going to understand what you mean if you say 'Zongguo', and even if you say 'Middle Kingdom', in English that's typically reserved for speaking about China during the dynastic periods, rather than the modern entity. CCP is understood as the party in control of China. CPC isn't understood as that. Forcing such a change would serve no point, other than to be pedantically correct. It's for this reason that I continue to say Turkey when referring to the country inhabiting much of Anatolia, and not Turkiye.
A trade war's impact on China's economy is complex and depends on various factors. While trade wars typically impose economic costs on both sides, there are scenarios where China could derive some potential benefits or strategic advantages. The continuously changing economic conditions in our society have made it necessary for people to find additional sources of income, thus I am looking at the stock market to fuel my retirement goal of $3m, my only concern is the recent market crash.
Every crash/collapse brings with it an equivalent market chance if you are early informed and equipped, I've seen folks amass wealth amid economy crisis, and even pull it off easily in favorable conditions. That should be the least of your concern. Also explore the option of working with a CFA to reduce greatly your chances of loss.
Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.
I'm intrigued by this. I've searched for investment advisers online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation??
Finding financial advisors like Lisa Grace Myer who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
I don't think that the ccp exploits ordinary chinese workers for exports. Cheap labor is like the biggest strength of basically any emerging economy. Mexico,indonesia and india all these emerging economies have relatively cheap labor. I think chinese workers just like japanese work a lot more and that's why they mass produce so much
The culture of working huge hours is itself a form of exploitation. 996 is insane
The main reason is because China has the most complete and mature industrial chain in the world and no others even come close. You really think any countries with cheap labours can do this and replace China? If that's the case India and Africa would already be superpowers 😂
Germany is in de industrialization, because Germany does not have enough electricity. Energy in the key. US want to build AI hub in Texas, however, there is not enough electricity in Texas, while AI computing requires enormous electricity, so how to get this? get this electricity from the thin air?
China employ the most robotic industry , account for 60% of global robots , also Chinese electricity output ranked no.1 , 200% more than USA. 500% more than India. 33 times more than Vietnam.
There are legitimate cases of slave labour and anti suicide nets outside buildings
I'm a Chinese student who immigranted to the US. My take is that the idea of tarrif forcing a change in the economy applies to both China and US. Yes, china absolutely needs to increase domestic consumption, as huge trade surplus has not helped the regular chinese person. Most chinese today, including my upper middle class relatives in shanghai, have felt the economy has been in a recession since 2022. Wages are stagnant or down, new university graduates are finding jobs extremely hard come by and unemployment is high. The government devaluing the yuan to help stimulate export, but that doesn't help the producers as import of raw materials become more expensive. So a switch to domestic consumption is desperately needed. The problem is that most local governments are broke, in huge debt from all the infrastructure building the, now the maintenance cost of those things are causing even more debt. Besides, most of the taxes goes to the central government. But the central government is the one that decided on export focused policies.
For the US. I habe to say that I have never seen a country so rich but with such bad spending habits. Most Americans have the fiscal discipline less that that of asian children. This a country where rampant domestic over consumption is happening. Most Asian Americans are very prosperous because we don't spend more than we make (common sense), and we save and invest 20% or more of our income. And yes, this is why we are becoming so wealthy. So much of the inequality and trade deficit is due to the bad American spending habits. Temu, Shein, are raking in the money by expoliting a customs loophole, all of influencers pedling overpriced things that end up in land fills... I would close the customs loophole first, but a tarrif would also force Americans to finally think before they spend. And when Americans become more responsible with their own personal spending, they might elect politicans that don't overspend as well.
Very valid argument. Inflation and housing is so high right now that saving is just not possible for most people below 40.
Especially if you are a renter. Especially if you have student debt. Especially if you are single.
China has always been a low consumption country viz a viz its exports. The west did not invest as much in other countries and depended too much on China for this imbalance to happen in the first place. Now Chinese good manufacturers can outpace and outprice any country trying to make a dent in its market share.
Somehow I cannot avoid the feeling that this is a promotion video for the book "Trade Wars are Class Wars" by Matthew Klein and Michael Pettis. :-) And, yes, you should definitely read it for understanding the underlying causes of trade wars.
Calling it now. If the tariffs go through the choice between the U.S. and China as a partner, trade or otherwise, is going to get much clearer for many countries. Who wants to do business with an entity whose slogan is literally “me first”.
Oh, yes, the wolf warrior nation that gleefully threatens to cut nations off from resources to punish them for pressuring them away from invading their neighbors, is the clear winner. Maybe pay a bit more attention to how China behaves.
I don't see this causing stability. Isn't one of the biggest things restraining China from invading Taiwan is because they're so dependent on global trade? If they declared war today sanctions would probably hit very hard. Russia survived these, but that's after accumulating massive reserves and having already experienced and been used to sanctions in 2014 with much less reliance on the West. In an autocratic regime like China people only go along with it so long as things are stable. Ig China could already be set on invading Taiwan anyway, and this could just reinforce their reasoning. But I doubt this If they've been trying to encourage exports which would hamper them If a world war broke out.
So basically: do nothing, win
2:35 But central government always bail out those local government from their loans. Central government get their money for foreign trade. So I don't see a problem here. Chinese government heavily subsidize highspeed railway. Doesn't that mean average Chinese person who often uses highspeed railways consumes in an indirect way ?
The problem is the central government really don’t want to bail out the local gov from their loan, the local gov have a debt limit from central gov, when the ceiling is hit, local gov then go borrow from private “city investment company”(城投公司） which have high interest rate but allow local gov to get more money for investment and infrastructure. Now when many investment across the local govs fails along with the failing real estate industry which is the main source of income in past years. Their city investment company debt （城投債）become a crisis , in just last year, the central gov are force to increase the limit so that local govs can pay out the private debt first by borrowing from central gov then pay the central gov in longer timeframe with less interest rate.
@@EzyGaming Erm... So the central government WILL bail out the local government from their loans.
@@EzyGaming Seems like temporary problem which is being addressed by the central government. So as you said the central government has increased the debt limit those local government can now directly borrow from central government. Also local governments don't entirely rely on private or central government loans for their infrastructure projects. They get a lots of money from property taxes for factories.
@ yes, that’s why they need to keep the factory and the local consumers market running in few policies. One of them is by expanding overseas, as you see in these few years shein and temu arise and other industry are desperately finding way to expand their global business to stay afloat, Related to another policy, they are so desperate because the local consumers don’t spend anymore, so another policy to keep the market and factories alive is to boost the consumer spending, therefore in just one or two months ago central government are giving out a lot of subsidies for stuff like EV, electric appliances and more.
Another policy of boosting local consumer market is to release buying power from property debt. As the whole chain of this crisis started from the real estate industry decline, the central government rolled out a quite aggressive policy to reduce most property debt interest rate to release spending power.
With all these policy attempts to save both the company, industries, factories and the consumer market. The decline and impact of the crisis… well is not that effective because a in the grand scheme of the china market, the scale of the policy is not really that big. (But it does buys them more time for future action)
@@BatCountryAdventures they don’t immediately help them pay all their loan, but bail them out from the private companies , much similar to changing the debt owners to the local gov instead of them. But considering their relationship, in some day in future government could say I’ll completely bail you out from debt and clear all their debt. In china everything is possible.
I don't know if it will help china's economy, but it sure helps CCP explain to chinese people why the economy is so bad lol
all things considered but China is still actually more affordable than Canada and UK lol
@0matters true, but the quality shoddy since building more makes the numbers looks bigger w/ promise people living inside those, but they are little of them nowadays
Isn't the west saying that the Chinese economy is shaking for a long time though?
@@0mattersWhat kind of income we are talking about though?
@KSUser-0301 Basic stuff such as rent ,groceries, education etc.
I'm no specialist of China's economy, but as far as I know, China faces tremendous difficulties in real estate, in young workers employment, demographics and pensions (due to low young worker employment and aging population).
Most of their problem are related to the demographic issue, as only child policy babies are now becoming the workforce.
The 4-2-1 model (4 GP, 2 parents, 1 kid) is not sustainable : 1 kid can't bear this disbalance.
In this regard, domestic consumption is most likely to fall in the next years, as a significant part of population will become pensioneers.
Would love to have insights from specialists to improve my knowledge on China.
Bring back the old intro!!!!
Thank you for the quick and concise content.
One important thing I saw pointed out about trade defects is that it doesn't take into account value added via manufacturing processes.
If I import a whole bunch of sand for cheap, and I use it to build some ultra-hightech optics, then even if I don't export those optics my country's wealth has still increased.
This gives "Cuba needs to be grateful for international illegal sanctions because it makes the regime more popular"
Beautiful western Chauvinism
The same argument can also help the US' economy. Maybe it'll start the shift away from globalism
Thats the hope. We are tired of listening to snobby Europeans who think they are still global superpowers. Tiny populations of isolated people thinking they understand every facet of the world. It would be a relief to not fund 70% of their defense while simultaneously listening to their rhetoric day in and day out. We are done with the disrespect.
Video edits are a joke. You cut before some of the graphs finish animating in. Data theatre.
What a bullshit, , or simply I was stupid, I don't know why I spent the last 10 years study economy. Maybe things are simple as this smart ass says it is. With this logic, I can argue, a trait war with Europe would be good because it foster a self dependent economy and innovation in Europe. LOL, fight, fight fight fight , vivid voices from high school strategy
Economies and the global economy is basically like a server people play on. The server rules can define how people play but ultimately no one really knows how any change will affect how people play within the server and thus affect the overall good of the server.
Economy like bideo game
Makes no sense, China can choose to do all that without tariffs.
Bias reporting
The benevolent west is never wrong
So then will a trade war, generally, not be beneficial whatsoever to China? I assume if they already could do it, they would have
Your right, except that is not CCP's current strategy.
This video's argument is, what if reality FORCES the CCP to act in that direction?
@@Baz.007 so it’s better for them but they don’t know, or choose not to do what they know is better for them?
There's no way billionaires are going to give up the low production costs in China
China went from 1.5B people to 1.2B and 600B are over 55. Cant afford buying with half your country retired, 40% size they were.
Trump’s trade war with Canada, Mexico and EU will certainly help China as those countries will import more from China 😂
That's what we're talking about in mexico now. We also want military Alliance with china and Russia.
@@ricardop9196
A military alliance? With nuclear imperialistic dictatorships? Sure buddy...
China brings to Vietnam: capital, machinery, raw material. Vietnam can only offer raw/basic labor, janitor, guard/protection, transport.
Predicting inflation starting to rise again this quarter while leading indicators showing economy slowing (not to mention government figures pumped up for their Gain side). Global economy very weak which affects US. Fed dropping rates 0.50 shows they're VERY worried about financial downturn/crisis. interest rates coming down are also an indication banks are LESS willing to loan money into existence. The question here is where is the inflation going to come from in the near term? Consumers are mostly tapped out which is 70% of US economy (consumption). Yes inflation very likely to return but not before it continues to come down... Inflation can be a concern, but remember, certain assets like stocks and Crypto’s acts as a hedge. Long & short-term trading is generally safer, allowing investors to weather market volatility. I have managed to grow a nest egg of around 3.2 Btc’s to a decent 27Btc’s in the space of a few months... I'm especially grateful to Kathleen Eisen, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
wow nice to see this going on here, I appreciate the professionalism and dedication of Kathleen in her cryptocurrency program.
people talked about her as a good TA, please can i reach her?
It really helped trading with Kathleen Eisen analysis, even with the market in a downward trend. Definitely riding the market wave is a good perspective..
Everyone needs more than a Basic Income to be Financially Secured in this present time that there's an Economic Decline.
She's mostly on Telegrams, using the user name.
2:35 thats Japan not China
Ah the usual TLDR cycle. Put up a bunch of videos about why a country is doing badly and then, six months later, put up a bunch of videos about why a country is doing pretty good actually. Up next, why Russia's economy is actually doing great and why the Swiss are due for an economic crisis.
I personally support the consumer rebalancing of China
but (as a Nigerian) that the IMF is *pushing* for something makes me step back and think a little
I was thinking the same thing. Might force them to change their strategy and not be so dependent on exports so they're less susceptible to this in the future.
If only my ad-blocker could trim off these cringe WTF USA Nebula ads. Never have I wanted to buy Nebula less.
The issue with this line of thinking is that China's export-lead economic model is as much a political decision as it is an economic one.
China might as well double down.
This would certainly be ironic, if it turns out to be the case.
I do not understand how is this a bad thing
it isn´t... It´s bad for western Billionaires, so, it´s actually good... The only problem is, that the talking-points of western Billionaires have become the talking-points of tldr and thus, of us all... curiously... Cause it makes no sense... When we start repeating the talking-points of western Billionaires, it´s the age of Neoliberalism.
When I saw the headline, I was thinking, "Yes, if it forces the CCP to get rid of Xi."
The logic here just seems completely flawed. It would be like saying the solution to someone's obesity is to starve them for a week. Sure, the health consequences in the short term would be catastrophic, but surely they learn good weight management and dieting afterwards right?
Yes it always does.
Chinese thrive in sanctions and storms.
Space station, semiconductor, stealth jets, jet engines , ........
Actually to this day China can't build a current generation jet engine, and still depends on Russian designs and Russian workers. Which is hilarious, because Russia is behind a full generation too at this point, and is depending more and more on tech imports from India of all places, and guess where India gets their designs from (America and Germany).
The IMF legit saying that trade surplus is a bad thing :))
This is just another "the USSR needs to implement shock therapy in other to save it's economy. Woops turns out we were full of shit"
Maybe getting rid of the restrictions on chip exports will help fix the trade deficit? Of course we will have deficit if we don't let them buy our stuff...
That's the overview, a good start, but throw in a few other factors such as governments subsidizing specific industries or business sectors, plus controls placed on capital markets. Both of those factors are related and if manipulated too much by a government can create problems.
Please don't show the same graph 5 times. I know they are nice graphs and you spent a lot of time crafting them, but one time is enough.
"Trade Wars Are Class Wars: How Rising Inequality Distorts the Global Economy and Threatens International Peace" by Matthew C Klein and Michael Pettis is a grat book related to this topic.
Its amazing how Chinese workers get paid a fraction of American workers yet have a better quality of life and public services overall. Can you do a video on this?
as a diy guy i love china. no country has given the avrage working class man more help in developing technology.
Yup, they did it, tldr new has diverged into a fully parallel reality
So, you're saying tariff might actually good for both side?
Trump get his reduced trade deficit & CCP can focus more on domestic consumption. the US citizen get the worse deal tho
The U.S. worrying about a trade deficit is so ridiculous. The only scenario where a trade deficit in this way is a problem is when you're using the dollar but you can't print dollars. But this isn't a problem for the United States which can do that. A trade deficit literally means that you are getting more stuff for your people than you're giving back. And all you have to give in return is they get more dollars, which the U.S. isn't going to run out of. Just silly.
In the UK, I think the reason for high domestic consumption could be high inflation.
Well inflation generally triggers spending since if your savings will be worth less next month why hold them.
You see this in turkey 🇹🇷
Trump’s absolute stupidity and cruelty are only matched and sometimes surpassed by his most avid and vocal supporters’ absolute stupidity and cruelty.🤦
So this is tldr Trump from now on.
China tripled down on manufacturing, and peoducea 50% more than world consumea every year.
Plus as the USA puts pressure on the EU and it's trade they start to work closer with China.
I don't know man , it's really hard to trust any western sources about chinese economy these days. According to them chinese economy is "shrinking" but in reality chinese exports keeps on growing.
great video guys
Problem with gdp in China is that labour outside the exclusive economic zones doesn't contribute the same as that inside the eez.
So you're argument is probably flaw from the start due to flawed stats.
This is completely false in every single way, search up the top 10 Chinese cities with the highest GDP and how many of them are special economic zones? It's no longer even a thing anymore.
It's just going to mean that Chinese businesses will have to sell more to domestic markets and they'll have to lower the prices to do it otherwise they won't be able to sell them and they'll lose even more money. It's going to be good for Chinese consumers and improve the standard of living.
If getting taxed on their exports is so good for the Chinese economy, they could just do it themselves
One nickname for President Trump within China is “Comrade Jianguo” (建国同志), meaning “Comrade Build-the-Country”-which gives a bit of an idea of the Chinese view of things.
Its a mockery since they said he is a maosist who wants to destroy america from whithin and help china dominate the world
The analysis of the GDP's 4 components are wrong. China relies more on Investments (about 40% of GDP) than net exports about 7% of GDP
82.7% of statistics are made up on the spot (source; Stephen Wright)
If China doesn't export it's excess production, it doesn't increase domestic demand because there is more stuff lying around. It forces the price of that stuff down because there is less demand. Then because companies aren't making enough money they go out of business and people lose their jobs and then there's less demand domestically too. There's a reason why countries have a 2-3% inflation rate target... falling prices are hard to fix.
Chinese consumers aren’t going to buy their own goods. They’re too deeply in debt, the average Chinese worker isn’t that rich, and many of them are unemployed. If anything, the tariffs will launch them into a deflationary cycle. It will also raise prices for American consumers, which is going to be very painful for Americans.
Are American average workers rich?
I suppose in some ways they need a repeat of the exchange rate rebalancing that Japan had in the 1980s... but China probably fears then getting an economy stagnating bubble like the one that hit Japan in the 1990s.
One important component was never mentioned in the video. Culture. Americans have a consumer culture that doesn’t exist to the same extent in any other country. China does not have this consumer culture. Even as he said in the video, the wealthy still aren’t spending enough on cheap consumer goods and are attempting to save their money in assets like property. Even if you could wave a wand and have the Chinese government attempt to send out crazy stimulus checks, it would mostly be saved, not spent.
American gdp growth be like , a guy buys a funk pop a day, now it buys 2 chinese gdp not even top 10 ik robot densityb10 years ago, just surpassed japanes and hermany last year even tho at a disadvantage due to the metric used to record said density
Most people do not understand what the dilemma between China and the United States is.
To put it simply, America's predicament is caused by the extreme greed and selfishness of capital, while China's predicament is caused by excessive restraint and the use of resources for long-term planning.
The US is a spring that has lost its elasticity, while China is a spring that is taut.
Therefore, China has a lot of leverage in the trade war, as long as China relakes capital a little, domestic demand can be boosted.
贸易的美妙之处在于循环，而中美的贸易问题主要在于 “不循环”。中国美国的资本家一方面谋划并且利用高房价、低工资（因为产品主要用于出口美国，不卖给中国人，所以不需要中国普通人有钱）等各种手段掠夺中国普通人的劳动力，然后将劳动成果运送到美国，淹没美国制造业（因为来自中国的产品价格低廉，不需要美国有制造业，所以美国普通人也没钱）。最终结果为，中国美国的普通人都极为贫困，而两国资本合谋掠夺了两个国家，而赚得盆满钵满的资本又反过来大规模投机房地产加重了这种灾难模式。关税战可能逼迫中国不得不进行内循环，这就要提高中国普通人的待遇，比如增强社会保障（让人敢于把存款花出去）、直接发钱给穷人（用于消费）
It would be bad for Chinese economy in short term but good in long term. The world might be more polarized with anti-US nations coming to one side and pro-US nations on other sides. Neutral and small nations forced to choose sides. The China could be the favorite for a lot of them.
Chinese people choose not to buy so much stuff not because they're paid too little but because they want to save and invest for the future. When a country exports too much, it drives up the cost of everything. If the exporting slows down, goods will become cheaper and Chinese people will begin to consume. On the other side of everything, the USA consumes much more than it makes. It can afford this from the powerful dollar and the massive amounts of debt the governmrnt dumps into the economy. If the USA artificially drives up the cost of imports with tariffs, there will just have to be less consumption. If the USA starts to export a lot of its goods, those goods will become more expensive domestically and Americans will consume even less. Ultimately, what Trump is aiming for publicly is to make Americans live poorer now rather than waiting for the dollar to devalue. If he actually reigns in the deficit spending, imports are going to have to slow down regardless of what he wants. But i think Trump's real goal is to just maximize profits for the few manufacturers who make products domestically. He's pretty much against free economics and all for crony capitalism. He's the most anti-business president we've had in a long time.
Less consumption is good. A consumption economy is bad. More waste
less consumption is a good thing we shouldnt bow to the god of useless stuff
If we can help China and the world while helping the United States, I think that synergistic economies have a higher probability of creating a stable and sustainable geopolitical future. This is something I understand to be good.
Your channel is 20% ads
Weak internal consumption is not by making but BY DESIGN, is it the logical outcome of the Chinese system. A simple economic stress will not fix it by the slightest.
Completely insane analysis - you’re arguing that China should artificially inflate its economy so it tax its citizens so the numbers on a balance sheet are positive instead of negative, i.e. financial engineering. They have a debt level between a typical developing and typical developed country while being the world’s second largest economy.
If the “developed” world increases tariffs on China the average citizen living paycheck to paycheck will be fucked. No one wins in a trade war
Would have liked there to be discussion of balance of payments and the capital account. America gets the trade deficit back as investment such as China buying treasuries.
if not enough disposable income, how can they have high savings rate???????
As a NJ citizen….not cool😂
Wuzhou, Guangxi, near Guangdong and Shenzhen, is poised to become a key innovation hub by 2025, driven by China's push for technological and economic leadership. Excelling in AI, robotics, biotech, and agritech, Wuzhou's growth reflects key government strategies:
High-Tech Clusters: Inspired by Shenzhen, policies like Made in China 2025 advance innovation.
Regional Integration: Part of the Greater Bay Area, linking Guangdong, Hong Kong, and Macau.
Urban Modernization: Upgrading smaller cities with smart development initiatives.
Global Connectivity: Infrastructure under the Belt and Road Initiative.
Wuzhou highlights China's focus on innovation-led growth and regional development.
The age of the American robber barons is coming back in my opinion.
This channel should change the name to TLDR Global Copium.
Too much excess in China will result in closures of some manufacture businesses. It won't be all absorbed elsewhere, if they could do that they would already do that.
What in the world are you WEARING? Are you making this video from prison?
I am convinced by the latter. If they wanna switch to household consumption they would have to seriously lower the cost of these things (which would also influence overall gdp growth). I mean purchasing power parity is not gonna improve from day to day even if by some magic wages would increase rapidly ...
bro might have used rednote for a bit too long 💀💀
lol chinas thriving in every industrial sector, how about the US? 😂 the truth is that China produces as good products as the US does at a way cheaper price, and that’s why the US will lose this trade war