It doesn't matter who you are, "everyone gets old" you don't care too much about cosmetics. just staying alive and cognitive. much respect to our learned elders.
I don't understand why I've heard so many people (including your second guest) cite China as the "world's second largest economy" (??) I just checked a comprehensive ranking for all countries by market-cap..and it is as follows: 1) U.S. 2) Japan 3) U.K. 4) Canada 5) France 6) China. (??)
Transcript from Fareed Zakiria discussing the UK economy. Lovely accent by the way. 3:02 Financial Times Reporter John burn 3:05 Murdoch if things continue this way the 3:07 average British family will be poorer 3:10 than the average Slovenian family by the 3:13 end of next 3:14 year the effects go beyond economics
We would have less structural inflationary forces if we would change from minimal wage regulation to maximum wage regulation. This would lower aggregate wages and affect a smaller number of workers 😊
China 🇨🇳 has been a money-printing machine on overdrive. During the years 1990-2021, the US printed 6.5 times more money while China printed 147 times. - It has printed more money than the US and Japan combined, while its economy is only half of them. - Current Chinese debt-to-gdp is already *highest in the world, at 300%,* according to Bloomberg. - With stimulus and measures, China's debt will be at 400% to 500% of its GDP in the next decade, according to Reuters.
@@AhmetTekin101 , Your English is horrible, I cant hardly understand you. So I think you are from someplace where your brain is being oppressed, and yes, I think you are ignorant and hateful.
How is anecdotal evidence relevant to the overall health of the economy? A 3.9% Unemployment rate is considered full employment for the US Economy. We still see real wage gains above inflation. The economy has also been growing above potential for quite some time now. It's very hard to argue this is not a robust economy. Especially when you see how other advanced economies or China are doing.
What is going on with this lady? Women kept us outta recession coz of the movie Barbie? Only women went to Taylor Swift’s concerts?You guys need to invite guests on who are capable of putting forth logical points…
@@alabamacajun7791 Amazing how people think dis-arming our selves = peace. Imagine if we took our Western Weapons away from Ukraine. Sure there would be a type of peace as the Russians occupy Ukraine
In 2023, real China's 🇨🇳 economy shrank -3.5% as opposed to 5.2% expansion as officially announced. - So this year, they will just publish a 5% growth regardless of their economy.
@@titusp9488 You know that nobody in the world believed the Chinese GDP figure. The highest economists estimated was 1%. Japanese economists have China between -2.5 to -3.5%. The Chinese government has never been truthful with their numbers.
@@AhmetTekin101 Did I ask you to believe the Chinese government? I think you can't read. Who are the "highest Economist" that you are so confident of their estimates. You do understand the word estimates? What evidence do you provide that are hard facts ... estimates are not factual by definition. It is very clear now your education needs much more development. You can't read or write .... you need to find help.
The key to knowing the state of the economy. Question: Can I afford in the Biden administration what I could afford in the last administration? And the answer is: NO, you cannot. Question: Is the 125% price increase of everything I need to buy and pay equal to the 17% salary increase I got; the answer is: NO, it is not. Question Analysis: Is the Biden administration taking money from doctors, school principals, Engineers, factory workers and transferring that money to the Billionaires “by ways of price increase”. The answer is YES.
Taiwan has the exact same problem. Demand supression, PAYGO pension, lack of redistribution(think EITC), population bust, undertaxing capital gains, overreliance on exports...
There are more and more businessmen girls because girls are easier to manipulate with desires. 95% of Russian producers of information courses are girls. 80% of them live in Dubai. There is a lot of money in Russia. 🤑🤑The stock market grew by 74% during the year.🤑😍We have become richer. 🤩🤩Thank you Biden, Thank you America for the sanctions.🤑🤑
@@AhmetTekin101Do you think Americans living in America really know the condition of America? Lol! Depending on which channel you’ve been brainwashed, CNN or Fox News.
13:00 Zanny says she is no china expert ... goes on and on about how much she knows (half truths) 1. China is declining and growth are bad .... then she says China sets the ambitious growth of 5% ... which is it ? 5% bad or ambitious? 2. I dont know China but I have a very good China team (if you dont know China, how did you choose the right people for a "good" china team?) 3. When you are speaking this fast ... either you dont know what you are talking about or you are lying (she tells you consumption has collapsed - well the Chinese New Year consumption has been massive, higher the pre-pandemic levels). truth is ... consumption is not the problem, world trade under ignorant people like her is the problem. Oh ... China domestic confidence is low and their government does need to do much more to rebuild their low creditability
@@titusp9488 I am university professor of economics. Certainly I am not gonna waste my time with a d**b troller who cannot build an argument because of his ignorance.
@@funkymonk5344 First, CREDITABILITY is a word in the oxford dictionary ... English and reading is not easy for you ... its ok but you got to get some help Second, Holiday spending was used as leading indicator not a trend projection, shows how clueless you are (I was not using to project GDP .. why would you?). Third, You teach? OMG .. I feel sorry for whatever school you are at ... I dont believe you Lastly, you don't have a clue about behavior or economic analysis, so stop wasting my time. Get a life! This is not a book report or a thesis ... its UA-cam comment.
FUNKYMONK: First, CREDITABILITY is a word in the oxford dictionary ... English and reading is not easy for you ... its ok but you got to get some help Second, Holiday spending was used as leading indicator not a trend projection, shows how clueless you are (I was not using to project GDP .. why would you?). Third, You teach? OMG .. I feel sorry for whatever school you are at ... I dont believe you Lastly, you don't have a clue about behavior or economic analysis, so stop wasting my time. Get a life! This is not a book report or a thesis ... its UA-cam comment.
Zanny knows her stuff. Excellent interview. Insightful.
It doesn't matter who you are, "everyone gets old" you don't care too much about cosmetics. just staying alive and cognitive. much respect to our learned elders.
I don't understand why I've heard so many people (including your second guest) cite China as the "world's second largest economy" (??) I just checked a comprehensive ranking for all countries by market-cap..and it is as follows: 1) U.S. 2) Japan 3) U.K. 4) Canada 5) France 6) China. (??)
Because the entire economy does not consist of publicly traded companies. Households, governments, etc make up a lot of GDP.
Transcript from Fareed Zakiria discussing the UK economy. Lovely accent by the way.
3:02
Financial Times Reporter John burn
3:05
Murdoch if things continue this way the
3:07
average British family will be poorer
3:10
than the average Slovenian family by the
3:13
end of next
3:14
year the effects go beyond economics
When they spoke about Xi Jingping, David’s face said it all !😂
We would have less structural inflationary forces if we would change from minimal wage regulation to maximum wage regulation. This would lower aggregate wages and affect a smaller number of workers 😊
CCP:"Invest more in China so that we could steals more of your tevhnologies! 😂
If your investing approach is focused on diversity I suggest you try arithmetic and return on investment ROI. Just saying.
I think I would add collusion and secret societies.
China 🇨🇳 has been a money-printing machine on overdrive.
During the years 1990-2021, the US printed 6.5 times more money while China printed 147 times.
- It has printed more money than the US and Japan combined, while its economy is only half of them.
- Current Chinese debt-to-gdp is already *highest in the world, at 300%,* according to Bloomberg.
- With stimulus and measures, China's debt will be at 400% to 500% of its GDP in the next decade, according to Reuters.
@@micro-organism-pv5gdDo you know what you are talking about?
this moron -> @lastChang or bot cannot stop writing garbage in every video about China. Disgusting!
@@AhmetTekin101 it would appear you have no clue
@@titusp9488The people who have no clues are from a regime without no freedom of press. I am not one of those.
Are you?
@@AhmetTekin101 , Your English is horrible, I cant hardly understand you. So I think you are from someplace where your brain is being oppressed, and yes, I think you are ignorant and hateful.
In GE i always reinvest any gains
This is not a robust economy. I know people with over 300 interviews and they have not found work.
How is anecdotal evidence relevant to the overall health of the economy? A 3.9% Unemployment rate is considered full employment for the US Economy. We still see real wage gains above inflation. The economy has also been growing above potential for quite some time now. It's very hard to argue this is not a robust economy. Especially when you see how other advanced economies or China are doing.
why does Larry Summers always look like he just finished smoking a bigass joint?
… so women get money and they leave…no money, no confidence to leave an abusive relationship?
right lol
What is going on with this lady? Women kept us outta recession coz of the movie Barbie? Only women went to Taylor Swift’s concerts?You guys need to invite guests on who are capable of putting forth logical points…
Yep.
Early birds get their worms!
He looks worse everytime he speaks on Bloomberg, hope he's health is ok
Exactly...
His brain is on zero.
Damn I didn’t know GE sells to war fighters (=killers), I am selling my shares first thing Monday morning!
Cool, I'll go scoop them up because US defense stocks are going up when the house comes to its senses.
@@alabamacajun7791 Amazing how people think dis-arming our selves = peace. Imagine if we took our Western Weapons away from Ukraine. Sure there would be a type of peace as the Russians occupy Ukraine
All the large corporations are in collusion.
Is RRD moving to India instead of China?
Bloomberg wsw doing PR for GE this week
Dont get me wrong - its nice - GE probably needed better PR people anyways
Put time stamps in your video
they will spend it all
In 2023, real China's 🇨🇳 economy shrank -3.5% as opposed to 5.2% expansion as officially announced.
- So this year, they will just publish a 5% growth regardless of their economy.
Are you sure you are not talking about US? lol
@@houndmb Long time no see Chinese 50 Cent. Your intelligence is dipping to a new low.
how did you get the -3.5% ... any data supporting your view?
@@titusp9488 You know that nobody in the world believed the Chinese GDP figure.
The highest economists estimated was 1%. Japanese economists have China between -2.5 to -3.5%.
The Chinese government has never been truthful with their numbers.
@@AhmetTekin101 Did I ask you to believe the Chinese government? I think you can't read. Who are the "highest Economist" that you are so confident of their estimates. You do understand the word estimates? What evidence do you provide that are hard facts ... estimates are not factual by definition. It is very clear now your education needs much more development. You can't read or write .... you need to find help.
The key to knowing the state of the economy. Question: Can I afford in the Biden administration what I could afford in the last administration? And the answer is: NO, you cannot. Question: Is the 125% price increase of everything I need to buy and pay equal to the 17% salary increase I got; the answer is: NO, it is not. Question Analysis: Is the Biden administration taking money from doctors, school principals, Engineers, factory workers and transferring that money to the Billionaires “by ways of price increase”. The answer is YES.
Uninvestable!
China's economy is facing structural issues, which can only be fixed by regime change. Taiwan 🇹🇼 can help!
It’s alright, Taiwan being a province of China 🇨🇳 need not worry. 👍
Taiwan has the exact same problem. Demand supression, PAYGO pension, lack of redistribution(think EITC), population bust, undertaxing capital gains, overreliance on exports...
It looks to be a mess to me; US Companies / Investors need to get the heck out of there. Let Russia invest in them.
@@samanthaw4955 Sorry to interrupt your lies. Taiwan is 100% independent country.
Show me evidence that Taiwan is a province of China?
@@I_Love_FigsIs that why the Chinese want to become a Taiwanese.
Is it me or is Larry Summers high as a kite?
Madame. Come to Chengdu and Chongqing. We love President Xi and we are booming. You’re just so wrong and misinformed.
You are not even from the mainland. Chinese don’t have time to get on YT.
There are more and more businessmen girls because girls are easier to manipulate with desires. 95% of Russian producers of information courses are girls. 80% of them live in Dubai. There is a lot of money in Russia. 🤑🤑The stock market grew by 74% during the year.🤑😍We have become richer. 🤩🤩Thank you Biden, Thank you America for the sanctions.🤑🤑
It is all gunna crash like a mofo
Has this lady speaking about China actually been to China?
She doesn't need just like other Chinese experts. lol.
Do you think people living in China know about China?...lol
@@AhmetTekin101Do you think Americans living in America really know the condition of America? Lol! Depending on which channel you’ve been brainwashed, CNN or Fox News.
@@AhmetTekin101 , Do you think you know yourself ? ...lol
@@houndmb People in countries having freedom of press are smarter and more informed.
For example, I am much more informed and smarter than you are.
Summers without a saddle on.... lol
13:00 Zanny says she is no china expert ... goes on and on about how much she knows (half truths)
1. China is declining and growth are bad .... then she says China sets the ambitious growth of 5% ... which is it ? 5% bad or ambitious?
2. I dont know China but I have a very good China team (if you dont know China, how did you choose the right people for a "good" china team?)
3. When you are speaking this fast ... either you dont know what you are talking about or you are lying (she tells you consumption has collapsed - well the Chinese New Year consumption has been massive, higher the pre-pandemic levels).
truth is ... consumption is not the problem, world trade under ignorant people like her is the problem. Oh ... China domestic confidence is low and their government does need to do much more to rebuild their low creditability
Your comment has zero argument, just waffling.
@funkymonk5344, stop projecting your idiocy ( make an actual point?) learning to read is so important.
@@titusp9488 I am university professor of economics. Certainly I am not gonna waste my time with a d**b troller who cannot build an argument because of his ignorance.
@@funkymonk5344
First, CREDITABILITY is a word in the oxford dictionary ... English and reading is not easy for you ... its ok but you got to get some help
Second, Holiday spending was used as leading indicator not a trend projection, shows how clueless you are (I was not using to project GDP .. why would you?).
Third, You teach? OMG .. I feel sorry for whatever school you are at ... I dont believe you
Lastly, you don't have a clue about behavior or economic analysis, so stop wasting my time. Get a life! This is not a book report or a thesis ... its UA-cam comment.
FUNKYMONK: First, CREDITABILITY is a word in the oxford dictionary ... English and reading is not easy for you ... its ok but you got to get some help
Second, Holiday spending was used as leading indicator not a trend projection, shows how clueless you are (I was not using to project GDP .. why would you?).
Third, You teach? OMG .. I feel sorry for whatever school you are at ... I dont believe you
Lastly, you don't have a clue about behavior or economic analysis, so stop wasting my time. Get a life! This is not a book report or a thesis ... its UA-cam comment.
Wall Street Week
03/08/2024
Read the Bible.
Dam... Larry looks very Bad...
Summers is about 70 years old. But he speaks and looks like dying next week. Please get someone younger to be involved not this dinosaur.
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