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I've worked for a Chinese company in China. I can personally attest that it is totally normal in China for the "leaders" to pocket the money. There was nothing I could do when I saw them laundering money invested by the South Korean government. Some very easy napkin calculations showed without a doubt that millions of dollars were just disappearing from normal operations. This is so normal in China, i would dare to say that no Chinese company doesn't do this.
John Van Vliet only difference is that in China there is absolutely no way this stuff gets reported or punished. Where in the US, there is a reasonable chance it does. But for many elites, laws don’t apply to them anywhere on the globe.
@steve crawford brave ChiComm soldiers can win any war just on the power of Mao thinking. They've been winning since the ancient times. ....... not. Even Vietnam won against ChiComms.
Chinese strategy has always been lie, lie, and lie. It’s a cultural mindset. Ask any other Asian country that has dealt with China and they will tell you China’s culture is nothing more then worship those that lies best. Show me a Chinese company with integrity and I’ll show you the REAL Santa clause. No such thing.
After living in China for a short time, I uncovered the most taboo word and action. The word: liar. The action: calling people out on their lies. These are both big no-noes in China.
Yeah. Some people even start to lie after staying long in China. It is just.. in China you can gain so many things simply by lying and no need to worry about getting punished. Quicking way to make money? Frauding. Easiest way of getting laid? Lying and boasting about one's own story. It is just too rewarding to deceive people in China hence people are so natural to it.
Thank You, Carson Block! I've always felt investing into a Chinese owned company was a house of cards. You brought more light to the subject. Yet, there are still many individuals< ETF's and so forth that continue buying shares of these companies. Are we really that stupid....sadly yes.
Love the open and unfiltered passion in this guy. Tells it like it is, no BS. Very interesting angle to investment and exposing so many rotten business people. Great guy, great interview, thoroughly enjoyed it! Keep it coming Real Vision Finance!
@SpaghettiandSauce true story. I worked at Google in Pryor Oklahoma. A staff member came up to me at lunch and said "dont worry I will probably have a warrant issued for me to." I'm pretty sure he meant an illegal warrant that big tech are just issuing on a social credit system. I was working with Google through a temp service. They actually also docked half my pay as well. The temp service refused to show me the court order signed by a judge to prove this. These companies are crazy and pushing boundaries to see what they can get away with.
Once American to sit Jack Ma down and lick his backside on youtube and he was their Guru. Just go to show how were dumb to lack of knowledge what they were doing all long to our business here in the US. These bloke will praise this thief Jack Ma. Now you wake up I am laughing.
Am I the only one who will never see myself going to school for finance classes (for how boring they are to me) but somehow find it so entertaining and accomplishing to learn them from videos on this channel.
I learned so much from this. Wow, thank you a TON Carson Block! Will look you up, hope to see your insight a lot more! haven't checked yet, but before I lose the thought, please consider growing some strong conetent and media for yourself and your activists !!
I'm Chinese and I do not want to invest in any of China company. Manulife. I have tons of Chinese friends trying to sell - i.e. UAL, VUL, those insurance products, as a form of a pyramid scheme...
it goes both ways buddy. your iphone would sell 1 unit for 5000 $ which no american could buy as they already buy stuff on debt creation of trillions which china holds, china had no power. it is the fact that your country has too high inequality and the big corporations make so much money and hold it in wealth. as philosophers say we are our biggest enemy deep down
@@arunavasarkar3600 Obviously you pulled that $5000 figure out of your . . . Recently, I have read that if Apple assembled all of her product lineup in the US the cost would increase $40. Apple buys components from all over the world in order to make all the products it sells. China is important in assembling all those components but it can be replaced. An increase of forty dollars isn't too high a price to pay to stop fattening the dragon.
@@gmac805 yes i did. i just wanted to give the analogy it would cost higher. if we talk numbers. you are right. china only gets 8& per phone . and the price would only increase about around 40 $ if made in only in usa. but you forgot the most important point. the phone is sold at around 200% profit. latest iphone is sold at 1100+. its production cost is 390$. but the 700 $ profit never comes back to usa. it is held in offshore accounts to avoid taxation. you know that i hope. if you dont i suggest you google and learn . so my point is proven it is the increasing inequality due to the monopolies mostly that is your biggest enemy . combined with robots in labor jobs etc etc.
@@jimmyhua731 no you know wrong. apples money is not in china but its in ireland. where tax rates are very low as they get interest from the huge amount of money stored there. the reason they liked their production line in china is because no country in world offers as streamlined and efficient assemble process as china. if you do some research you ll find out why china manufactures 40 % of the worlds products. on top of that ccp the authoritarian regime in china allows very strict control over workers being a dictatorship which is far far safer than it would be in mexico. mexico might be ppor but we both know labour protests are not a new concept for them. many more factors are there such as the chip is produced in taiwan and the screen in south korea. etc etc. they are closer to china. but these are secondary factors though. as u can see many factors contribute to this.
07:44 First world doesn't mean you can pull whatever scam you like! There are rules and regulations put in place, sometimes on demand like in this case, to stop scams like this.
What this guy talks about is why American investors should not buy Chinese company ADR shares. They are mirages, not real equity. The CCP would never allow foreigners to have actual stakes in their companies.
heard somebody say about Ma the other day, that he has to travel and go anywhere with specially assigned bodyguards, however they are not there to protect and look after him, but they are actually there to look at him. lol
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Real Vision Finance 不是新疆,是东突厥斯坦!
中国侵略者必须无条件地滚出东突厥斯坦!
no
I've worked for a Chinese company in China. I can personally attest that it is totally normal in China for the "leaders" to pocket the money. There was nothing I could do when I saw them laundering money invested by the South Korean government. Some very easy napkin calculations showed without a doubt that millions of dollars were just disappearing from normal operations. This is so normal in China, i would dare to say that no Chinese company doesn't do this.
It sounds the same as the Lawmakers in the USA that have their palms greased by big corporations and their lobbyist.............
John Van Vliet only difference is that in China there is absolutely no way this stuff gets reported or punished. Where in the US, there is a reasonable chance it does. But for many elites, laws don’t apply to them anywhere on the globe.
@steve crawford brave ChiComm soldiers can win any war just on the power of Mao thinking. They've been winning since the ancient times.
....... not. Even Vietnam won against ChiComms.
Wow, really? Wonder why Chinese economy hasn't collapsed yet.
@@AndreAndFriends USA couldn't win against Vietnam either hahahahaha
A very very brave, and brilliant young man. Prayers for you in your work
It's nice to see somebody who is articulate, erudite, knowledgeable and doesn't dress like a teenager.
Ali Baba and the real 40 thieves. This company’s name is self explanatory.
Ali Baba and 40 ChiComms.
And Mainland is the Cave!
may be 400 instead of 40
Maybe 4000 instead of 40
It's all of them it's in their gene the cheating and thieves gene
A short seller who makes sense , we need more of them.
Carson is my new hero please have him back to educate us
Carson Block what a hero he has restored my very sceptical view of the world. And he got NMC what a guy
Love his works. It's unbiased, fact based, moral and spares no companies that goes too far.
The stock exchanges that allowed Chinese companies to list without financial disclosure MUST be held Liable
LOL. Not on this planet. Too much money being made.
WOW I love the part about pharma. This guy is a hero.
That video should have 1 million like. So courageous to find actionable solutions and act on it instead of whining in a corner. Congrats Mr Block.
Mr Block is full of honest humor, refreshing!
The US, the world, and China need more people like Carson Block.
Mr. Block nails it! Everything he says about Chinese companies and their endemic fraud is true. Great interview.
He’s absolutely fantastic. I hope there r more ppl like him in the world
Is this the Batman of wall street??
Chinese strategy has always been lie, lie, and lie. It’s a cultural mindset. Ask any other Asian country that has dealt with China and they will tell you China’s culture is nothing more then worship those that lies best. Show me a Chinese company with integrity and I’ll show you the REAL Santa clause. No such thing.
Totally correct
One Two well said! Spot on
i agre, living in china for more than 10 years, NEVER trust a chinese.
theres no successful government without any lies, unfortunately.
Wow really
This is a very deep subject! Something is out there!! Great Show!!!!! Thank You.
Amazing and very inspiring! Thanks to Real Vision Finance for putting this up! (And the interviewer, Mr Price, for the great job!)
Bravo... someone with morals values and standards... And the courage to speak up!!!
back in the day before the internet was around I told my mom the prettier the pamphlet the less I trust it
Put a mask on this guy and call him a hero!! Great conversation.
After living in China for a short time, I uncovered the most taboo word and action. The word: liar. The action: calling people out on their lies. These are both big no-noes in China.
Yeah. Some people even start to lie after staying long in China. It is just.. in China you can gain so many things simply by lying and no need to worry about getting punished. Quicking way to make money? Frauding. Easiest way of getting laid? Lying and boasting about one's own story. It is just too rewarding to deceive people in China hence people are so natural to it.
@@abc2390986 where do you think they learnt this? From western countries. China business practices - Talmudic business practices - 2010 Newsweek
Brandon A. English 不是新疆,是东突厥斯坦!
中国侵略者必须无条件地滚出东突厥斯坦!
@@lifehope4603 yeah... no.
Thank You, Carson Block! I've always felt investing into a Chinese owned company was a house of cards. You brought more light to the subject. Yet, there are still many individuals< ETF's and so forth that continue buying shares of these companies. Are we really that stupid....sadly yes.
i love the uncensored nature of the interview.
"Changing the culture of investing" Thats a profound statement.
“Manufacturing American consent”
Love the open and unfiltered passion in this guy. Tells it like it is, no BS. Very interesting angle to investment and exposing so many rotten business people. Great guy, great interview, thoroughly enjoyed it! Keep it coming Real Vision Finance!
Another fantastic interview. You guys are killing it. Great content, thanks!
This channel is so underrated, it deserves many more subscribers
20:45 exactly why i Hate those sell outs at Google
@SpaghettiandSauce true story. I worked at Google in Pryor Oklahoma. A staff member came up to me at lunch and said "dont worry I will probably have a warrant issued for me to." I'm pretty sure he meant an illegal warrant that big tech are just issuing on a social credit system. I was working with Google through a temp service. They actually also docked half my pay as well. The temp service refused to show me the court order signed by a judge to prove this. These companies are crazy and pushing boundaries to see what they can get away with.
Jack Ma is stongly talked about at 27:25 thru 31:44 minutes into video. Thank you Real Vision.
Thanks! Appreciated.
Once American to sit Jack Ma down and lick his backside on youtube and he was their Guru. Just go to show how were dumb to lack of knowledge what they were doing all long to our business here in the US. These bloke will praise this thief Jack Ma. Now you wake up I am laughing.
I haven't heard of him, Mr. Carson Block, so far, but from this interview I felt great interest about him. 👍 Let me check.
Great video Carson Block is the man...the BULL of Wall Street
Bill Joel the BEAR works too
The Wall Street promoted Ma's lies and tricks
i really like this guys zero BS approach
Can't agree more! Thank you for doing what you have been doing
This interview is GREAT, THANK YOU!!!
This has to be the most hit and miss channel on UA-cam.
so true
Fantastic show. What a great guest.
Somebody should write a book about his experiences and then a movie should follow.
Carson Block is a Great Guy.
THANK YOU Real Vision Finance
Fascinating and gifted guest. Great interview!
Carson Block another anti-communist Hero 🙋♂️
24:31 - 25:10 onwards is a nugget of GOLD
We need more gentlemen like this in the world!
What a fantastic episode
Fantastic insight and content, thanks for sharing!
NEVER NEVER NEVER EVER TRUST CHINESE FOREVER!
This is the best thing I've seen in a long long time. What a breath of fresh air! Time to take the wood to China's backside.
Real Vision has absolutely been killing it these past interviews
great ! Thanks Carson
I really like this gent - TY for the moral activism and turn up the volume on your megaphone
very insightful interview. Thanks for sharing it with public.
Look up "Exiled Chinese billionaire's accusations on China" on here, he also touches up on its Chinese system.
"guanxinated" hahaha
ma.xinated .
ali.enated
A fascinating talk.
This interviewer is excellent! Rockstar level.
He needs to be an adviser to the president KAG2020
If this makes for "Bad Tv" sign me up for that. Great talk, great channel.
I'm a 100% behind you Block. You might be able to clean the system out a bit. You should run for president. Great interview. Respect you sir.
Lea Pustetto and take a pay cut? No way
great job Carson, all the best.
Wow, this interview is life changing. Coming from someone with a concience and a morale anyways. Thank you both.
@29:45 "that's not the kinda guy you want running a public company." and "...shareholders would revolt..."
So remind us...who again runs Tesla? 🤣
great interview no matter when it is put out
Real guy. Thank you
Carson Block...you are one super smart guy!!!
Am I the only one who will never see myself going to school for finance classes (for how boring they are to me) but somehow find it so entertaining and accomplishing to learn them from videos on this channel.
History major here, they made the finance and accounting courses off limits or not part of the curriculum meanwhile it's all I study today.
..Top notch business Sheriff at heart!!
Lol, I laughed so hard when he said things about Guan Xi
Lawrence Wong ☠️☠️☠️ I was dying
He must be a subscriber of that Zuid Afrikan Snake.
GREAT INTERVIEW GUYS
Carson has the voice of an American news anchor~
I learned so much from this. Wow, thank you a TON Carson Block! Will look you up, hope to see your insight a lot more! haven't checked yet, but before I lose the thought, please consider growing some strong conetent and media for yourself and your activists !!
I'm Chinese and I do not want to invest in any of China company. Manulife. I have tons of Chinese friends trying to sell - i.e. UAL, VUL, those insurance products, as a form of a pyramid scheme...
How dependent is China Inc. on Western finance? In other words, what would happen if American capital wasn't available to the Chinese market?
it goes both ways buddy. your iphone would sell 1 unit for 5000 $ which no american could buy as they already buy stuff on debt creation of trillions which china holds, china had no power. it is the fact that your country has too high inequality and the big corporations make so much money and hold it in wealth. as philosophers say we are our biggest enemy deep down
@@arunavasarkar3600 Obviously you pulled that $5000 figure out of your . . . Recently, I have read that if Apple assembled all of her product lineup in the US the cost would increase $40. Apple buys components from all over the world in order to make all the products it sells. China is important in assembling all those components but it can be replaced. An increase of forty dollars isn't too high a price to pay to stop fattening the dragon.
@@gmac805 yes i did. i just wanted to give the analogy it would cost higher. if we talk numbers. you are right. china only gets 8& per phone . and the price would only increase about around 40 $ if made in only in usa. but you forgot the most important point. the phone is sold at around 200% profit. latest iphone is sold at 1100+. its production cost is 390$. but the 700 $ profit never comes back to usa. it is held in offshore accounts to avoid taxation. you know that i hope. if you dont i suggest you google and learn . so my point is proven it is the increasing inequality due to the monopolies mostly that is your biggest enemy . combined with robots in labor jobs etc etc.
@@arunavasarkar3600 I will buy that. Well said.
@@jimmyhua731 no you know wrong. apples money is not in china but its in ireland. where tax rates are very low as they get interest from the huge amount of money stored there. the reason they liked their production line in china is because no country in world offers as streamlined and efficient assemble process as china. if you do some research you ll find out why china manufactures 40 % of the worlds products. on top of that ccp the authoritarian regime in china allows very strict control over workers being a dictatorship which is far far safer than it would be in mexico. mexico might be ppor but we both know labour protests are not a new concept for them. many more factors are there such as the chip is produced in taiwan and the screen in south korea. etc etc. they are closer to china. but these are secondary factors though. as u can see many factors contribute to this.
This was great - really useful alternative perspective.
Thank you for these amazing videos!
07:44 First world doesn't mean you can pull whatever scam you like! There are rules and regulations put in place, sometimes on demand like in this case, to stop scams like this.
"... it's one of my favorite topics." Lol! Thank you for the great info and the a la cart knowledge bombs!
This guy is great
I like this guy block....seems smart and very articulate
"Investor boycotts?" Some will most won't.
Very interesting interview!
What this guy talks about is why American investors should not buy Chinese company ADR shares. They are mirages, not real equity. The CCP would never allow foreigners to have actual stakes in their companies.
I love how his name is Block. Chopping Block.
This guy is my hero
Great interview. Carlson is my type of guy ... no BS ... just call it what it is.
great interview.
Quality.
Carson Block, great guy.
Super Quanxi-nated !
Now that was very very funny!
24:44
Really starting to like Mr. Block. I wish he had more content available
Make America Great Again
Those small side tables gave me anxiety
So much data and information that you won't find in financial newspapers or medias in general. I'll have to digest it.
heard somebody say about Ma the other day, that he has to travel and go anywhere with specially assigned bodyguards, however they are not there to protect and look after him, but they are actually there to look at him. lol
Ironic he mentioned GE
GREAT MAN.
Carson, Kyle, watch your backs. I assume you have personal security. Excellent work.
The description of the American for profit healthcare companies he points out is disgusting. This is why regulation is important.
This is soooo juicy. Don’t be fooled by the calm tone, this literally could be a movie! Someone please hit up michael lewis