How has their absorption of Hong Kong affected their economy? It seemed that if they let that horse run unabated it would produce results. But they just couldn't do it.
I live near Hong Kong. They promised to let Hong Kong remain a free market in 1997 and did for a while, but that train left the station when Xi Jinping was appointed the new leader for life. It's economic freedom is shrinking rapidly.
Hong Kong was only an economic powerhouse because of its free market and special status. Since China has decided to slowly strip both of those things from HK, it's surpassed by other cities that have naturally better circumstances
Why is it that Adam Smith wrote "read, write and account" but countries claiming to be Capitalist do not make accounting/finance mandatory in the schools?
In the US, our education system was designed by John Rockefeller, who wanted "a nation of workers, not a nation of thinkers." This is why the government schools do not teach critical thinking or personal finance.
This video just like those who think the US economy is in good hands, is a bs cope. As for why they do not accounting and finance is because the central banks rely on usury and trickery. To make working class poor. Disappointed with Nick Freitas being a blind zog bot. Perhaps he should be reminded he is defending a woke empire that wants people like him, dead.
not really, you can have Poland which has shrinking demographics and the country is booming economically, it is how you manage scarcity in the economy. If it is well managed, your country will do well, if is poorly managed your country's economy will do poorly.
@@diegoyanesholtz212 1. Poland is not economically booming 2. Poland has gotten a tonne of ukranian immigrants, thus their demography is doing alright
@@huckleberryfinn6578 Yes, but also poland is "catching up" to its western counterparts. If this was france or germany then sure, but poland is admitedly behind.
China has always played it fast and loose in the way they measure economic metrics and its taken awhile to actually learn to read between the lines. Similar to the way Russia brags about military weapons.
Given the persisting global economic crisis, it's essential for individuals to focus on diversifying their income streams independent of governmental reliance. This involves exploring options such as stocks, gold, silver, and digital currencies. Despite the adversity in the economy, now is an opportune moment to contemplate these investment avenues.
The pathway to substantial returns doesn't solely rely on stocks with significant movements. Instead, it revolves around effectively managing risk relative to reward. By appropriately sizing your positions and capitalizing on your advantage repeatedly, you can progressively work towards achieving your financial goals. This principle applies across various investment approaches, whether it be long-term investing or day trading.
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
@@joshbarney114 I appreciate the implementation of ideas and strategies that result to unmeasurable progress. Being heavily liquid, I'd rather not reinvent the wheel, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
Finding financial advisors like Marisa Breton Dollard who can assist you on things like investing, insurance, making sure retirement is well funded, going over tax benefits, ways to have a volatility buffer for investment risk would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
Thank you for this tip , I must say Marisa, appears to be quite knowledgeable. After coming across her webpage, I thoroughly went through her resume, and I must say, it was quite impressive. I reached out to her, and I have booked a session with her.
In order to keep their jobs and in hopes of a possible promotion, all the officials have a strong incentive to lie to their superiors, inflating their economy on each step on the way, all the way to the top. This is why no-one knows how the Chinese (and Russian) economy is really doing, least of all the top brass.
Yes, but that’s normal because academic economists have rigged the game to start. GDP includes government spending, so the inflation reduction act might have not worked on inflation, but it juiced the GDP and jobs stats. So basically, all the countries running deficits are cooking the books.
@@anitagorse9204 Could it be that you have been lied to all along Buy a ticket and go and see China for yourself you will sh!t your pants that I guarantee
Retired Navy Chief here. I do have a why. Just how dangerous is the future of our military forces when we consider the state of health and productivity of the young Americans we need to be the best in the world? What I am seeing here on UA-cam about our current military scares me.
@@1.4billion65 As far as I can tell, it’s every country because it’s baked into the measurement. Then, if politicians turn the measurement into a goal (a mistake even if the measurement isn’t flawed), they will eventually realize they can cover up their failures by simply creating deficits. I write about this all over the web, and no one has ever contradicted it at all. I’m afraid it’s both correct and a mass delusion.
Why did Hamilton love and Pres Jackson hate the first National Bank? Can you discuss the first and second national banks and how they're different from and similar to the Federal Reserve System of today?
They're mostly similar to the Federal Reserve. The only difference is the very low interest rate offered by the Federal Reserve (at the expense of printing an ungodly amount of currency)
I recently spent 4 years in China. Amazing people, but that’s not the point. The point I want to make is that their economy is to a huge degree centered on infrastructure improvements and housing. And China is no longer an inexpensive place and taxes are not low. The population growth has slowed and will soon shrink because people are choosing to have fewer children and have them later in life - the demographic problem mentioned in the video. With fewer people comes less demand for housing. And a city only needs so many airports and subway stations. The govt keeps on chugging along with policies and laws which promote this strategy because it’s difficult to do an about face without cratering the economy. They are trying to incentivize people to have more children, but so far it’s not working. They are in for some tough times, and it will be interesting to see how it all plays out. When the CCP becomes desperate, how will they act?
I'm honestly just looking at this like what happened with Japan. They were a big threat for a while. Then we got nervous and did something. And now they are just going to start deflating while also try to inflate it artificially.
I don't deny China has troubles but that doesn't mean the US doesn't have its own troubles. TBH, what I see is there's a race on who can realign and consolidate their supply chain first. The winner will then launch a devastating war on the other side to annihilate its potential competitor. The US better be quick. It has wasted 4 years on pointless politicking. Clock is ticking
You’re stating that the reason China’s economy is about to collapse is due to the political regime, but this is incorrect. China’s economy is collapsing due to the fact that they have over-extended and over-leveraged their holdings in real state. The situation is much worse because banks and real state are held by the state, meaning that the entire political system is at risk of collapsing from within. The political situation has both delayed, but at the same time deepened the incoming collapse as it is starting to unfold due to a judiciary that is essentially sub-servant to the political regime, its corruption and its underreporting of bad debt. Basically it is the same situation that caused the 2008 financial crisis or the Japanese asset bubble collapse of 1990, but in China it is exponentially more catastrophic and dangerous (as they are indeed still a poor country per capita). This is why Chiang Kai Shek stated in 1976 that it was an inevitability and a certainty that the Republic of China (outsted to Taiwan), would one day recapture the mainland. China would only have the recourse of war, once it’s economy has collapsed. Which lead military strategist and historian to consider Taiwan’s doomsday plan to perform a missile attack on the three gorges-dam on the Yangtze River. This could potentially result in the largest single wartime casualty event of both civilian and military individuals in all of history (with potential casualties in the 100s of millions).
It really has nothing to do with the political regime aside from the fact that they are corrupt and stratospherically inept at handling the situation they created for themselves. But any political system with a real state market could have done the same thing.
Are you Gordon chang or Peter zeihan follower? Those two have been predicting china's collapse for decades. I guess they may eventually be right, and by extension, you.
@@rogarizurieta7641Corruption was a big driver. a good amount of land development are funded an rewarded by the regional governance. That’s why they get away with building excessively without any buyers.
And you forgot the massive loans they gave to Africa and expected to own the countries if they don't pay only for the UN to tell them that all they can do Is wait for the countries to pay them back or forgive them the loans
I would add the collapsing demographics is also a major contributor their demise. The one child policy and urbanization has led to their shrinking population. People think depopulation is a good thing. We've all been told that since the 60s. When see how it affects economics it becomes clear. The same problem is happening across the developed nations.
China and Japan combined have a smaller economy than the US. And before anyone says PPP, know that Purchasing Power Parity doesn't mean a country is rich, it means they're expensive to live in or cheap to live in. China isn't rich, it's cheap.
They produce literally anything and that has been happening for many years now, their economy is by far exceeding america’s. Compare your unemployment and drug infested streets and think again lol
I’ve seen so much misinformation coming out of China that I don’t know what to believe anymore. I see one video that shows new roads and new bridges and new buildings all over the place, and then I see another video about the millions upon millions who are out of work and have no chance of finding a job, and their lakes are drying up and natural disaster after another caused by government malfeasance. Which one is it?
It depends who you listen to….many economists speak of the collapse of China, many speak of their continued rise. But none has the guts to take bets…just talk and talk…..like some babbling idiots.
But why are the media like the Economist or the Guardian saying China's growth rate slowed to 5% in the first half of 2024? If you say shrinking, that means negative growth. Obviously, armchair analysis can't give you the true picture, doesn't it?
@@Reubentheimitator6572 The OP claimed that China’s economy is shrinking but its economy actually grew 5%. He claimed China’s economy collapsed by 1976 however China’s GDP growth averaged at 6.2% per year in 1952-1978 period. He claimed that over 60 million people died under Mao but life expectancy increased from 35 years to 65 years.
Thanks! My answer was shorter than his. Less transactions equals downturn economy, was not addressing the points given. Exports (supply) are available, yet consumption is down (demand). Politicians often stress a political relevancy (hammer/nail kinda thing). Economic questions boil down to economic answers. Why let politicians make politics relevant? What's your answer to the question posited in the title?
China is already 1.4 time greater than the US in GDP in PPP which is more accurate Chines. China grew by 4.7% which is higher than the US despite the US containment strategy. A child born in China is likely to have a better life than a child born int he US Why Life expectancy is higher better opportunities to health education and owning a home and having food on the table It is hard for US citizens to face this reality so did the Romans as they were declining. The American Drean is now the Chinese reality face the facts mate. I go to China then I go to the US it is like I an going back to the US of the 1980s a Banana republic homeless people trains that are dirty so sad but keep up the bullsh!t
as long as they continue to go backwards in their economic policies, they'll continue to fall, but this process will be gradual, first slowing their growth, then stagnation and finally shrinking.
Just a quick request . . . your videos are soooo helpful, BUT they are too long to listen to regularly. Would you consider doing a short version (5 minutes or so) of each video to give us the essence of the full length video?
Instead of cutting down the information span, how about expanding your attention span. Because let's be real, these why-files are already pretty to the point.
China's economy grows at a steady rate of 5% a years. Western "experts" call that "Shrinking". US's economy grows perhaps at 1% a year, Western "experts" call that, "fantastic growth".
How has their absorption of Hong Kong affected their economy? It seemed that if they let that horse run unabated it would produce results. But they just couldn't do it.
Managers feel they must “manage”. The toughest thing for them to do is to step aside and in effect share their power….
Ph will boycott products n
I live near Hong Kong. They promised to let Hong Kong remain a free market in 1997 and did for a while, but that train left the station when Xi Jinping was appointed the new leader for life. It's economic freedom is shrinking rapidly.
Hong Kong was only an economic powerhouse because of its free market and special status. Since China has decided to slowly strip both of those things from HK, it's surpassed by other cities that have naturally better circumstances
@@apollo1694 True. As Dennis Prager says - the left destroys everything it touches.
Why is it that Adam Smith wrote "read, write and account" but countries claiming to be Capitalist do not make accounting/finance mandatory in the schools?
In the US, our education system was designed by John Rockefeller, who wanted "a nation of workers, not a nation of thinkers." This is why the government schools do not teach critical thinking or personal finance.
This video just like those who think the US economy is in good hands, is a bs cope. As for why they do not accounting and finance is because the central banks rely on usury and trickery. To make working class poor.
Disappointed with Nick Freitas being a blind zog bot. Perhaps he should be reminded he is defending a woke empire that wants people like him, dead.
I read the book "Red Roulette", written by the husband of China's first female billionaire, with great interest.
Demographics is destiny
not really, you can have Poland which has shrinking demographics and the country is booming economically, it is how you manage scarcity in the economy. If it is well managed, your country will do well, if is poorly managed your country's economy will do poorly.
@@diegoyanesholtz212Well said.
@@diegoyanesholtz212
1. Poland is not economically booming
2. Poland has gotten a tonne of ukranian immigrants, thus their demography is doing alright
@@person-jw7vb Poland is booming by European standards. That's basically every grow over 2%.
@@huckleberryfinn6578
Yes, but also poland is "catching up" to its western counterparts.
If this was france or germany then sure, but poland is admitedly behind.
Hope you run for governor after Youngkin, or US Senate.
China has always played it fast and loose in the way they measure economic metrics and its taken awhile to actually learn to read between the lines. Similar to the way Russia brags about military weapons.
They have overextended themselves.
Please make a video on who really owns the fed and more videos on destruction from central banks fed etc thanks I like subscribed and shared
Given the persisting global economic crisis, it's essential for individuals to focus on diversifying their income streams independent of governmental reliance. This involves exploring options such as stocks, gold, silver, and digital currencies. Despite the adversity in the economy, now is an opportune moment to contemplate these investment avenues.
The pathway to substantial returns doesn't solely rely on stocks with significant movements. Instead, it revolves around effectively managing risk relative to reward. By appropriately sizing your positions and capitalizing on your advantage repeatedly, you can progressively work towards achieving your financial goals. This principle applies across various investment approaches, whether it be long-term investing or day trading.
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
@@joshbarney114 I appreciate the implementation of ideas and strategies that result to unmeasurable progress. Being heavily liquid, I'd rather not reinvent the wheel, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
Finding financial advisors like Marisa Breton Dollard who can assist you on things like investing, insurance, making sure retirement is well funded, going over tax benefits, ways to have a volatility buffer for investment risk would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
Thank you for this tip , I must say Marisa, appears to be quite knowledgeable. After coming across her webpage, I thoroughly went through her resume, and I must say, it was quite impressive. I reached out to her, and I have booked a session with her.
Gee, could it be that they cook the books all the time?
They're cooked the books all the time. Including birth rate.
In order to keep their jobs and in hopes of a possible promotion, all the officials have a strong incentive to lie to their superiors, inflating their economy on each step on the way, all the way to the top. This is why no-one knows how the Chinese (and Russian) economy is really doing, least of all the top brass.
Yes, but that’s normal because academic economists have rigged the game to start. GDP includes government spending, so the inflation reduction act might have not worked on inflation, but it juiced the GDP and jobs stats.
So basically, all the countries running deficits are cooking the books.
@@anitagorse9204 Could it be that you have been lied to all along Buy a ticket and go and see China for yourself you will sh!t your pants that I guarantee
it has been confirmed lol
Really great! Thank you.
Retired Navy Chief here. I do have a why. Just how dangerous is the future of our military forces when we consider the state of health and productivity of the young Americans we need to be the best in the world? What I am seeing here on UA-cam about our current military scares me.
If you measure growth using GDP then running a deficit, money printing, and other trickery shows up as growth.
LoL! I doubt they get this sarcasm... That's a good one! 😂🤣😂🤣😂🤣😂🤣😂🤣
@ sarcasm? You think it’s not true?
Are you referring USA?
@@1.4billion65 As far as I can tell, it’s every country because it’s baked into the measurement. Then, if politicians turn the measurement into a goal (a mistake even if the measurement isn’t flawed), they will eventually realize they can cover up their failures by simply creating deficits.
I write about this all over the web, and no one has ever contradicted it at all. I’m afraid it’s both correct and a mass delusion.
Therein lies the problems with “predictions”…HUMANS🙄.
Thanks Nick!!!
Why did Hamilton love and Pres Jackson hate the first National Bank? Can you discuss the first and second national banks and how they're different from and similar to the Federal Reserve System of today?
They're mostly similar to the Federal Reserve. The only difference is the very low interest rate offered by the Federal Reserve (at the expense of printing an ungodly amount of currency)
I recently spent 4 years in China. Amazing people, but that’s not the point.
The point I want to make is that their economy is to a huge degree centered on infrastructure improvements and housing. And China is no longer an inexpensive place and taxes are not low. The population growth has slowed and will soon shrink because people are choosing to have fewer children and have them later in life - the demographic problem mentioned in the video. With fewer people comes less demand for housing. And a city only needs so many airports and subway stations.
The govt keeps on chugging along with policies and laws which promote this strategy because it’s difficult to do an about face without cratering the economy. They are trying to incentivize people to have more children, but so far it’s not working. They are in for some tough times, and it will be interesting to see how it all plays out. When the CCP becomes desperate, how will they act?
Feminism is also wrecking China. Ironically, that's one thing in common between the East and the West 😂
I'm honestly just looking at this like what happened with Japan.
They were a big threat for a while. Then we got nervous and did something. And now they are just going to start deflating while also try to inflate it artificially.
FREE TIBET
Free hong kong
Free xinjiang
Excellent!
China lovers gonna be mad at this video 😂
If they'd been on the Titanic they would have said "That's impossible, she's unsinkable! You just hate the Titanic!". Glub glub.
Full of garbage propaganda
I don't deny China has troubles but that doesn't mean the US doesn't have its own troubles. TBH, what I see is there's a race on who can realign and consolidate their supply chain first. The winner will then launch a devastating war on the other side to annihilate its potential competitor. The US better be quick. It has wasted 4 years on pointless politicking. Clock is ticking
This video is just spewing propaganda and fear mongering. Nothing is factual.
5 month later, China is growing stronger than any nation, how do you feel now?
I wonder if the squandering of billions of dollars on ghost cities had anything to do with this.
Many of the investors are from US and Europe..😂😂
The so called ghost towns is a myth. Only less than 10% of the cities are so called ghost towns and they have actually pretty large populations.
You’re stating that the reason China’s economy is about to collapse is due to the political regime, but this is incorrect. China’s economy is collapsing due to the fact that they have over-extended and over-leveraged their holdings in real state. The situation is much worse because banks and real state are held by the state, meaning that the entire political system is at risk of collapsing from within. The political situation has both delayed, but at the same time deepened the incoming collapse as it is starting to unfold due to a judiciary that is essentially sub-servant to the political regime, its corruption and its underreporting of bad debt. Basically it is the same situation that caused the 2008 financial crisis or the Japanese asset bubble collapse of 1990, but in China it is exponentially more catastrophic and dangerous (as they are indeed still a poor country per capita). This is why Chiang Kai Shek stated in 1976 that it was an inevitability and a certainty that the Republic of China (outsted to Taiwan), would one day recapture the mainland. China would only have the recourse of war, once it’s economy has collapsed. Which lead military strategist and historian to consider Taiwan’s doomsday plan to perform a missile attack on the three gorges-dam on the Yangtze River. This could potentially result in the largest single wartime casualty event of both civilian and military individuals in all of history (with potential casualties in the 100s of millions).
It really has nothing to do with the political regime aside from the fact that they are corrupt and stratospherically inept at handling the situation they created for themselves. But any political system with a real state market could have done the same thing.
Are you Gordon chang or Peter zeihan follower? Those two have been predicting china's collapse for decades. I guess they may eventually be right, and by extension, you.
@@rogarizurieta7641Corruption was a big driver. a good amount of land development are funded an rewarded by the regional governance. That’s why they get away with building excessively without any buyers.
China is trying to deflate the bubble instead of popping the bubble. Deleveraging is a very tricky business
@@rogarizurieta7641
China posted a 5% economic growth last year. Talk about collapse 😅.
And you forgot the massive loans they gave to Africa and expected to own the countries if they don't pay only for the UN to tell them that all they can do Is wait for the countries to pay them back or forgive them the loans
LoL! The West always demands collaterals to back their loans. But others can't do so? Classic 😂
Shrinking? Gdp grew 5%. You mean they are having deflation. Every country goes through business cycle
Double the US GDP growth 🤭
Craze in real estate investment ruined them.
Does China know about shrinkage?
"I was in the pool!!"
No, China is aware of western propaganda for decades.
AC still broken? 😂
A good percentage of their population just came to America! Lol.
Don't worry, still it's better than many many other countries
Because :
"Communism is the very definition of failure"
- Liberty Prime, Fallout 3
'Communism is a temporary setback on the road to freedom'
At least that quote applies pretty well to China today.
@@mikitz China have no freedom. Modern China have Anarcocapitalism.
But Democrats push for that here in the US
I would add the collapsing demographics is also a major contributor their demise. The one child policy and urbanization has led to their shrinking population. People think depopulation is a good thing. We've all been told that since the 60s. When see how it affects economics it becomes clear. The same problem is happening across the developed nations.
Because the water is cold?
For harassing ph fishermen now hungry
Hmm.. seems like China are the only ones who do not know of this ‘shrinkage’ 🤣
The United States constantly fantasizes about China's collapse, while China continues to develop in disregard of American hegemony😂
Can you chinese bots understand these news don't talk about collapse. It talks about shrinking and slowing down.
Why is the US so much in debts?? Happy printing😮
Day 2848: China is falling. (It isn't)
Did any of their current collapse have to do with Trump's trade war?
The economy problem can easily be solve its just ironic nobody listen
China and Japan combined have a smaller economy than the US. And before anyone says PPP, know that Purchasing Power Parity doesn't mean a country is rich, it means they're expensive to live in or cheap to live in. China isn't rich, it's cheap.
They produce literally anything and that has been happening for many years now, their economy is by far exceeding america’s. Compare your unemployment and drug infested streets and think again lol
COVID
Do one on Canada why fucked!
Why is Brandon asking for money on your channel? 😅
Ph continue to boycott products
CHYNA PONZI SCHEME...
How is China ponzi game?
For harassing ph
Beard Thursday!
when you discuss China economy shrinking...remember ...there are 1 .2+ billion persons in that economy...
1.2 billion shrinking fast...
I’ve seen so much misinformation coming out of China that I don’t know what to believe anymore. I see one video that shows new roads and new bridges and new buildings all over the place, and then I see another video about the millions upon millions who are out of work and have no chance of finding a job, and their lakes are drying up and natural disaster after another caused by government malfeasance. Which one is it?
It depends who you listen to….many economists speak of the collapse of China, many speak of their continued rise. But none has the guts to take bets…just talk and talk…..like some babbling idiots.
China did not shrink, it’s the US that growth faster thanks to AI and printing machine. But this October we will see the real GDP of both country
But why are the media like the Economist or the Guardian saying China's growth rate slowed to 5% in the first half of 2024? If you say shrinking, that means negative growth. Obviously, armchair analysis can't give you the true picture, doesn't it?
A whole video based on nothing but hot air.
There are several factual inaccuracies in video.
I hope you intend to list those several factual inaccuracies.
@@Reubentheimitator6572real china economy size much bigger than US
List them then
@@thanatassana1700 Remarkable claims require remarkable evidence.
@@Reubentheimitator6572
The OP claimed that China’s economy is shrinking but its economy actually grew 5%. He claimed China’s economy collapsed by 1976 however China’s GDP growth averaged at 6.2% per year in 1952-1978 period. He claimed that over 60 million people died under Mao but life expectancy increased from 35 years to 65 years.
Our consumption is shrinking, right?
Glad that's all you got out of this, even though it has nothing to do with this video.
Thanks! My answer was shorter than his. Less transactions equals downturn economy, was not addressing the points given.
Exports (supply) are available, yet consumption is down (demand).
Politicians often stress a political relevancy (hammer/nail kinda thing).
Economic questions boil down to economic answers. Why let politicians make politics relevant?
What's your answer to the question posited in the title?
ReeeeaaaaaaaalllY???????????
China is already 1.4 time greater than the US in GDP in PPP which is more accurate Chines. China grew by 4.7% which is higher than the US despite the US containment strategy. A child born in China is likely to have a better life than a child born int he US Why Life expectancy is higher better opportunities to health education and owning a home and having food on the table It is hard for US citizens to face this reality so did the Romans as they were declining. The American Drean is now the Chinese reality face the facts mate. I go to China then I go to the US it is like I an going back to the US of the 1980s a Banana republic homeless people trains that are dirty so sad but keep up the bullsh!t
Keep up with more fake news & lies ya.
We have been told this for 2 years now and nothing has happened, BS
It didn’t grow to its heights in two years so why do you think its demise will be in such a short time?
Told what?
as long as they continue to go backwards in their economic policies, they'll continue to fall, but this process will be gradual, first slowing their growth, then stagnation and finally shrinking.
Nothing happens overnight bro
My goodness I didn't know these things had to happen on your schedule...
Ugh.. Slander slander nothing but sladering...
Can you chinese bots understand these news don't talk about collapse. It talks about shrinking and slowing down.
Just a quick request . . . your videos are soooo helpful, BUT they are too long to listen to regularly. Would you consider doing a short version (5 minutes or so) of each video to give us the essence of the full length video?
They are short. In fact typically less than 5 minutes.
Instead of cutting down the information span, how about expanding your attention span. Because let's be real, these why-files are already pretty to the point.
The video is only 5 minutes long. Why can't you pay better attention?
Watch it at double speed.
China's economy grows at a steady rate of 5% a years. Western "experts" call that "Shrinking".
US's economy grows perhaps at 1% a year, Western "experts" call that, "fantastic growth".