People are so docile right now.* *It is almost as if good government means when the politicians lie to us for our own good,* *for the public good,* *and bad government is when politicians lie for their own selfish interests.*
Reminds me of a New Yorker cartoon. The professional is sitting behind a desk wearing a Bozo suit and wig. The client says: "you must be really good" (to be able to pull off such a stunt). This guy is either really good or some sort of a clown.
@@zanmatoshin877 It could be because of China defamation laws, they sued the Citron guy and it cost him millions for saying Evergrande was going to meltdown, in 2012. So this Economist reporter is using a fake name and Marx Brothers fake nose and glasses.
Despite the comical / unprofessional appearance, he does know what he’s talking about. Instead of insulting him, let’s encourage him to face his insecurities and show up as who he is, not a mockery of himself.
I visited and travelled from South to Beijing in China for a month in February 2016. I was shocked by the massive incomplete building projects everywhere from apartments to bridges - abandoned and from the weather effects had been abandoned for a few years. Not much in western MSN back then.
And thats the reason why the economy will tank, because that is about the only thing this current society values, memes and jokes and getting rich quick. Mother of all bubbles powered by the same idiots that powered the 07 crash and now will be powered by the children of the idiots too.
Yes, the local government owns the land and would juiced up the price, that's the beginning of the property build up. Then Xi and his 3 red lines put the kibosh on these guys. This one may deserve to go under, but it's done pretty too late.
How to outperform the stock market; read thousands of annual reports, learn about margin of safety , buy undervalued stocks , insider information and seek professional help.
The problem with most investors is seeking instant results instead of being patient. patient is a virtue that is highly applicable in the financial market. it's not a get rich quick scheme.
I always want to be trading something at my early stages of coming into the market which made me FOMO resulting in me losing a lot of money. At one point I had to use a coach in the person of *Jessica Meador Jones* who grew my $115k capital to $175K in 3 months.
It will be a financial error to invest without any form of professional advice or guidance, Anyways just google her and see what her services are like.
Had to watch again, didn't know what they were discussing. That Mustache was very distracting, the first time I watched it the nose REALLY got my attention lmao. Im probably gonna be here all day. Keep losing focus on the topic.
The rich stay rich by spending like the poor and investing without stopping and the poor stay poor by spending like the rich yet not investing like the rich
“If the rich spend like the poor, and the poor spend like the rich, then the rich spend like the rich and the poor spend like the poor.” - Me, in my infinite and unparalled wisdom
It was just a case of bad lighting. The producers are to blame though. They let this happen and made it the thumbnail. If I were him I wouldn't go on the show again because whatever they paid him to go on last night wasn't enough and they didn't support him with proper lighting. Lol
The thing is Evergrande has eggs in a large number of baskets. It knew it was going to fail eventually. It diversified into so many sectors and bought so many bank bonds that it might take all of them down. It's plan was to force the government to bail them out or the economy will collapse.
I just want to note that some western journalists or investors warned about this specific company, _years_ ago, and were punished by the ccp for doing so.
you won't remember the name of this company in 2 months. Remember Archegos Capital from March/April? CNBC said the same thing about the Archegos meltdown. By June it was never on CNBC, never mentioned ever again.
Great news. Greedy real estate developers, irresponsible and unscrupulous banking lending institutions and self confidence housing buyer who want to make a quick buck .
They have 3 or 4 major payments due very soon. The first is this week, two are next week iirc and the last is like a week or two after that. So potentially this week, but more likely in a couple weeks.
There is one political party in China, but two major power bases. One is Xi, the all powerful president. The other is Jiang, he is deeply involved with Ever Grande. Xi will do all in his power, and that is a lot, to prevent the Chinese Government from bailing Ever Grande out in order to cause Jiang to lose face. I predict the Government will NOT pull Ever Grande out of the fire. This will cause markets World Wide to suffer, but they will come back. China has begun the fall. I hope it is swift.
The rich stay rich by spending like the poor and investing without stopping then the poor stay poor by spending like the rich yet not investing like the rich
My first investment with Mr Williams gave me profit of over $24,000 Us dollars and ever since then he has never failed to deliver and I can even say he's the most sincere broker I have known
Evergrandes problems and likely default has been known for months. I have a hard time believing this is moving the market. There must be something else or we will have a quick rebound
Not to take away from this guy's knowledge and expertise, but this guy seriously woke up one day and said 'I want to look like Harvey from StarDew Valley' 😄
The rich become richer by spending like the poor and investing None stop, While the poor stay poor by spending like the rich yet not making any investment
Evergrande is the same company who owns NEVS (National Electric Vehicles Sweden) which is the same company who owns the assets and rights to Saab automobile. If Evergrande decides to sell NEVS, there might be a possible Saab revival.
People are so docile right now.* *It is almost as if good government means when the politicians lie to us for our own good,* *for the public good,* *and bad government is when politicians lie for their own selfish interests.*
That's right.
Investment should be what every wise person should engage in.
Good government is good politics.
But these days they are not trusted.
Talking about investment. __I'm even afraid of anything concerning lnvesment..but a lot of people are benefiting from it. What am I doing wrong?__.
If there is a real life movie of Mr. Potato, this guy would be perfect.
It looks as if the nose, mustache and glasses are fake.
This person has a real-life Insta filter face. Maybe it’s the lighting? Poor guy. They did him dirty.
Hahahahaha
He's consumed his share of soy
I've always wanted a pair of those nose and mustache glasses.
Reminds me of a New Yorker cartoon. The professional is sitting behind a desk wearing a Bozo suit and wig. The client says: "you must be really good" (to be able to pull off such a stunt). This guy is either really good or some sort of a clown.
YES! Thats what it reminded me of😂😂😂 with an Ace Ventura haircut to top it off, epic styling!
I love the internet
@@zanmatoshin877 It could be because of China defamation laws, they sued the Citron guy and it cost him millions for saying Evergrande was going to meltdown, in 2012. So this Economist reporter is using a fake name and Marx Brothers fake nose and glasses.
INDIA SHOULD WAGE WAR ON ENGLAND.THEY LOOTED ALL THE GOLD IN INDIA.
300 billion at current estimates as soon as it unravels it will be worse.
@@roxbee97abc yes very likely
I thought this was some parody, I can't take him seriously
lol
Guy grew a moustache to be taken seriously 😂
This guy looks like a 18 year old kid. It's hard to take serious with his appearance. Reminds me of those youtubers shilling crap coins.
He's in disguise.
Despite the comical / unprofessional appearance, he does know what he’s talking about. Instead of insulting him, let’s encourage him to face his insecurities and show up as who he is, not a mockery of himself.
Tom Selleck nerdy son is correct.
It's going to be big
He looks like a 15 yo and trying to be a man by growing his mustache :D
if you're cooking on the stove, does that mean your new secret boyfriend is better in bed than Richard?
Good catch!
INDIA SHOULD WAGE WAR ON ENGLAND THEY LOOTED ALL THE GOLD IN INDIA.
ENGLAND SHOULD GIVE KOHINOOR DIAMOND TO INDIA.
He looks like a child wearing a Halloween glasses/nose/moustache combo.
true lol
lmao
🤣🤣🤣🤣🤣🤣🤣 damnnnnn daniel
I visited and travelled from South to Beijing in China for a month in February 2016. I was shocked by the massive incomplete building projects everywhere from apartments to bridges - abandoned and from the weather effects had been abandoned for a few years. Not much in western MSN back then.
I was there for 9 yrs. Chinese construction is shoddy at best
I honestly clicked just cause of the thumbnail, thought he was wearing a pair of Groucho glasses..
Me too... I had to go back to find it... thought it was an SNL skit
When I was a kid I had glasses with that same nose and mustache 😂
Hahahha. I had to do a double take. The lighting on his nose totally makes it.
Damn you just make my day. Thanks man
Hahahahaha
😂
We know now where Waldo was.
Lol the subject is so serious.. but all the comments are about this hipster economist and his moustache
And thats the reason why the economy will tank, because that is about the only thing this current society values, memes and jokes and getting rich quick. Mother of all bubbles powered by the same idiots that powered the 07 crash and now will be powered by the children of the idiots too.
No future to mankind
everytime they say theres nothing to worry about, thats when you worry
You can not own land in China. The developer leases the land for 70 years from the local government
same everywhere . 99 year lease .
@@Q_QQ_Q uh, no, you can own land fee simple absolute in many nations.
Yes, the local government owns the land and would juiced up the price, that's the beginning of the property build up. Then Xi and his 3 red lines put the kibosh on these guys. This one may deserve to go under, but it's done pretty too late.
@@Q_QQ_Q no we own the property
He should shave and get some Harry Potter glasses. He's got the accent down perfect!
He looks like and older harry potter.
The thumbnail made me click. His nose and mustache doesn’t even seem real lol
check again
He is using the glasses, moustache, nose gag.
@@felixf4378 waka waka
same
@@felixf4378 lol!
Didn't know Mario does stocks.
Guess that explains his addiction to Gold Coins.
Real life Ned Flanders.
Now, I can't unsee it
How to outperform the stock market; read thousands of annual reports, learn about margin of safety , buy undervalued stocks , insider information and seek professional help.
The problem with most investors is seeking instant results instead of being patient. patient is a virtue that is highly applicable in the financial market. it's not a get rich quick scheme.
I always want to be trading something at my early stages of coming into the market which made me FOMO resulting in me losing a lot of money. At one point I had to use a coach in the person of *Jessica Meador Jones* who grew my $115k capital to $175K in 3 months.
Exactly, i will never go into this market without guidance, please who is this coach that helped you, can you possibly do a referral?
It will be a financial error to invest without any form of professional advice or guidance, Anyways just google her and see what her services are like.
I seek out help from tea leaves
Had to watch again, didn't know what they were discussing. That Mustache was very distracting, the first time I watched it the nose REALLY got my attention lmao. Im probably gonna be here all day. Keep losing focus on the topic.
I did not even notice any of those things it was so interesting to know
Are we suppose to feel bad for Evergrande? Cry me a river
I think he is still in primary school. He is filling in for his father the real mike bird
This is the best guy to put on for this chaos
The rich stay rich by spending like the poor and investing without stopping and the poor stay poor by spending like the rich yet not investing like the rich
“If the rich spend like the poor, and the poor spend like the rich, then the rich spend like the rich and the poor spend like the poor.” - Me, in my infinite and unparalled wisdom
They probably gonna disable comments on this vid very soon but I'm happy I was one of the lucky ones to read all of them before that happens
It was just a case of bad lighting. The producers are to blame though. They let this happen and made it the thumbnail. If I were him I wouldn't go on the show again because whatever they paid him to go on last night wasn't enough and they didn't support him with proper lighting. Lol
I love how all the comments are just roasting this poor guy
Mr Mike B is the best interviewee on CNBC for quite some time
Now Australians really need to go out and stock up on toilet paper!
Imagine thinking you look cool with this fit.
Bad lighting. Not a bad fit
poor guy, doing a great job but that lighting is not helping him.
Putting all your eggs in one, over leveraged basket can't go bad right?
ya but when it goes right, mama mee ahhh!
The thing is Evergrande has eggs in a large number of baskets. It knew it was going to fail eventually. It diversified into so many sectors and bought so many bank bonds that it might take all of them down. It's plan was to force the government to bail them out or the economy will collapse.
I just want to note that some western journalists or investors warned about this specific company, _years_ ago, and were punished by the ccp for doing so.
China owns americas politicans and stars
Monetary risk is off the charts; none of the talking heads in the financial media understand 'money' - which is super ironic.
you won't remember the name of this company in 2 months. Remember Archegos Capital from March/April? CNBC said the same thing about the Archegos meltdown. By June it was never on CNBC, never mentioned ever again.
That’s CNBC for ya all BS propaganda. Look over here nothing going on life is all roses. They are with Biden should I say anymore
I thought he had a filter because of his nose
He looks like he's wearing a disguise.
He stuck his nose up a snowman's butt.
like a kid lol
I think Chairman Mao put it well a long time ago, "May you live in interesting times." Now, where's the popcorn?
We have a huge problem and I only see comments about the guy's appearance
That kid is my hero! Early achiever!
whoever extended credit to evergrande deserves too lose money..its called GREED lol.....some foreign company will finish the projects.
Have Mike on more often
Great news. Greedy real estate developers, irresponsible and unscrupulous banking lending institutions and self confidence housing buyer who want to make a quick buck .
Check back Thursday when there actual market opens in Hong Kong, not Wednesday or today
when will we actually know they defaulted?
They have 3 or 4 major payments due very soon. The first is this week, two are next week iirc and the last is like a week or two after that. So potentially this week, but more likely in a couple weeks.
@@sovietmudkip1 so the market can keep going down south for another month or so?
@@zauzydumpling9942 hard to tell until HK markets open on Wednesday, but potentially tes
within three weeks.
You missed the covid-19 dip in 2020, here is your second chance.
Good... This is good... Hopefully this is the beginning of the end
That is not the question yo’!
The question is how did that kid with a mustache got there? 😱
There is one political party in China, but two major power bases. One is Xi, the all powerful president. The other is Jiang, he is deeply involved with Ever Grande. Xi will do all in his power, and that is a lot, to prevent the Chinese Government from bailing Ever Grande out in order to cause Jiang to lose face. I predict the Government will NOT pull Ever Grande out of the fire. This will cause markets World Wide to suffer, but they will come back. China has begun the fall. I hope it is swift.
The rich stay rich by spending like the poor and investing without stopping then the poor stay poor by spending like the rich yet not investing like the rich
You see many people remain poor because of ignorance
Not because of ignorance, but because of too many scammers in the business
@@justinpamela9305 You're right ma, Thanks for introducing me to Mr Williams
My first investment with Mr Williams gave me profit of over $24,000 Us dollars and ever since then he has never failed to deliver and I can even say he's the most sincere broker I have known
Yes I'm a living testimony of Mr Williams
After COVID...every other guy in my office now dresses like Mike Bird!
At the end it will Chinese people will pay the price for again this cover up !!
CCP still owns the land. The companies lease to build on them, but none of them are allowed to actually own the land.
He ordered a complete redesign of the room to match his shirt.
Hahahaha...
20% drop has been signaled. Deff wouldn't try and buy this dip. You will get clapped.
CNBC has to ask to these kids who have never experienced a crash in their life ?? This is incredible
Let's ask Ron Burgundy.
Most indebted real estate developer... so far.
If some day I get to talk on CNBC. I will definitely get a fake moustache
It is me, Mario
Thanks, this is good analysis.
Comment Section:
1% Economy
99% Mustache talk
Evergrandes problems and likely default has been known for months. I have a hard time believing this is moving the market. There must be something else or we will have a quick rebound
I thought this was an SNL skit... looked like a person wearing "fake nose/mustache glasses" and a Hawaiian shirt wtf?
Nevergrand
Took Lehman 1.5 years from 2007 bankruptcy to 2009 S&P low
Is he wearing one of them glasses and nose costumes 😂
The economy is collapsing
People: let’s insult the expert’s look
Insult? I mean people are appreciating it and many wants to get that look
That was my first take reading the comments... foolishness.
This dude looked like he’s wearing a mustache and glasses mask.
I thought the same thing.
The bigger they are the harder they fall.
I am here for the moustache
Great info thanks keep up the good work...
How can anyone take him seriously with that look
This is going to drag nations down with it.
He makes 1970s look hype in 2021.
Not to take away from this guy's knowledge and expertise, but this guy seriously woke up one day and said 'I want to look like Harvey from StarDew Valley' 😄
That's the worst Magnum PI costume I have ever seen, LOL!!!
Poor people think about what they can buy with their money, Rich people think about what they can invest in with their money 💰💰💰;
The rich stay rich by investing and investing without stopping then the poor stay poor by spending like the
Rich but yet not investing like the rich
Investing is a stepping stone to success, investing is what create wealth.
The best thing to do in this period is to invest in silver and crypto
The rich become richer by spending like the poor and investing None stop, While the poor stay poor by spending like the rich yet not making any investment
Most intelligent word I've heard
today
He seriously look like he have those fake🥸 on. He's probably 15.
I literally thought he had on the Grouch Marx glasses,nose,and mustache we wear for Halloween! Wow he really looks like a movie from 1910
It'll be a sight to behold
Why trust a baby face with a moustache 😂😂
Can someone help me, is this why my Chinese penny stocks are plummeting?? Well I recover? Someone please respond
I first thought it's like a moustache filter or something.
This guy was really informative.
Man, that mustache, I just couldn't pay attention after that.
the real question is where you can buy a moustache like that
that mustache is worth 300 billion
What kind of moustache is that ? is that a snapchat filter ?
I hope it doesn't go down the drain. If they fail we al;l fail.
The nose glasses and mustache look like something you buy in a Halloween shop
I thought he was wearing one of those eye glasses with the fake nose and mustache.
Weird, I don’t feel any fear at all…
Very beautiful journalist
What a glorious moustache
Dude, way to rock that mustache and hair. Seriously my man you can own that look for the remainder of your life and make it into a brand!
He looks like 15 and 40 at the same time.
I swear Mike Bird looks like a thirteen year old kid with a fake moustache 🥸.
People panic seriously panic
No water
No work
No food
Hi cost of living
Panicking hording lotting
Children are one of the greatest generations of the world wide groups.
Evergrande is the same company who owns NEVS (National Electric Vehicles Sweden) which is the same company who owns the assets and rights to Saab automobile. If Evergrande decides to sell NEVS, there might be a possible Saab revival.
All I can think is how much I hate that mustache.
Mike Bird looks like a high school student with a fake moustache.
I feel like I am watching an interview with a young mr potato head