A reason to not invest in the PRC is due to them not allowing due dilligence firms to ask questions and find answer to see if a company is worth investing in (due to "national security concerns").
I live in China, ppl are dying left and right due to starvation, 60％ unemployment, public transportation shut down, ppl are living without clean water and electricity, everything is going to hell
B careful. The police may come after U . For me I can't say anything cos I m a Malaysian Chinese n will not b going to this bastardised Hell of a place ever.
I like this content more than your Tesla and Elon coverage. The doctor situation is interesting because I heard about at the beginning of the summer and it is still on going. I've forgotten about it since then and like the update
The Three Red Lines was done knowing it would seriously hit the housing market in China. Unlike here in the US where we continue to pretend that speculative assets and affordability can exist simultaneously in the housing market.
Exactly. The housing market in China didn't crash. The prices did and if houses get cheap enough, then Chinese people can buy and live in it, as it was intended in the first place. Americans prefer to think that a housing market colapse is bad because if it happens, then their investment profits (obtained from rentals) go down to zero. These are nothing but pretend-to-be-monarchs who don't want to work and just want to suck the profits from real working people.
I just biked from Seoul to Busan this summer and I have zero idea how Korea is going to handle the aging population, it was real eye opeing seeing the massive amount of elderly. I hope they have a plan because it's scary, my children even noticed something was wrong/different. Beautiful country and amazing people, I'll be back to finish my bike passport!
Germany's total direct investment in China in the first half of the year was approximately 7.3 billion euros. This data reflects the growth trend of Germany's investment in China, especially in the first half of this year, when Germany's direct investment in China increased significantly. Specifically, Germany's direct investment in China in the first quarter of this year was approximately 2.48 billion euros, while this number increased to 4.8 billion euros in the second quarter, bringing the total investment in the first half of the year to nearly 7.3 billion euros, exceeding the 6.5 billion euros for the entire year of 2023.
One of the retail phenomenons that has been taking place in the US over the past decade or so is the introduction of a number of Asian-originated chain stores: My local mall now has Daiso, Pop Mart, Quickly, 85C, Round One... it's been a massive turnover from where that mall was around 2010, where most of the brands were from the US but selling Chinese-made goods. The defining feature of this era to me, though, is the energy transition, which is a nuanced thing. It used to be that people in US dismissed bicycles as a recreation for middle-aged men, but during the swings in gas prices earlier in the decade, a lot of people traded down to an e-bike and discovered they liked it. US cities also used the lockdown period to kick off a big expansion in their bicycle network, servicing the new users, and creating a virtuous cycle(no pun intended). The e-bikes have led the way as the premier electric vehicle, and renewables have grown so much in some regions that it's created a crisis moment for the power grids - their old business model is starting to break as demand and infrastructure needs shift, and homeowners now also have to make complex decisions about where and when they want to use grid power, because there are now heavy price swings throughout the day. Drone-centric weapons systems are the new face of conflict, and those are also based on our energy tech. The scenario that is faced with this energy economy is that fewer countries need to engage in trade to get what they need - they still have needs, the battery and PV components have been a major issue - but the experience of the EU during the Ukraine conflict demonstrated that it is possible to disengage with the oil business, which is going to be reflected by the financing for some things rapidly unwinding while other things shoot upwards. The immigration picture is also affected by this because if energy isn't posing a limit, high standards of living are within reach for many more people, and therefore it's easier to throw the doors open for immigrants and reindustrialize locally.
Didn't realize Daiso was in the US now. We go to that place all the time. In fact there are too many. In our neighborhood, there's like five. It's nuts. Not sure if our market needs that many. Wish the US would invest more in bike stuff and mass transit but culturally theres lots of Americans that are addicted to their big SUVs. And drone stuff, we have it here in Korea, but I think it's more popular in the US.
It is shocking the shear size of the national mess in China. It seems to be on such a big scale now I honestly do not see how the average citizen is ever going to recover
China is in much better shape to recover than the US is. China has the means of production and a very strong industrial complex. The average US mentality doesn't even understand what China is, let along understand its economy.
Don't buy companies for the ROI, buy them for the power of ownership. On a long enough time scale with enough money spent, you could become a major shareholder and the decision making would be yours. Treating it like a get rich quick scheme is dumb. You want the power not the riches, imo.
Important to remember about China. They may have a crash and have to reorganize. But. They’ve brought millions of people off the farm and into industrial production. Imagine the scope and scale of changes those people had to endure. They learned new skills, which means they don’t fear retraining, if necessary. That workforce is a huge asset. I’ve been amazed by the rapid transformation of Chinese culture and society. Clearly intelligent people, formal schooling is going to ensure their future. Politically, the information that leaks through to them is going to have an impact, hopefully leading to a representative form of government and a free society. But we’ll have to be patient. Unfortunately, change is generational, and we’re asking a lot. See: South Korea. A success story with a measuring stick next door.
The problem is not that they will crash, the problem is that they won't play nice and go all out. You'll gonna see the full strength of chinese competition.
that's one side of China. We often forget there is another side - 10 years cultural revolution, great leap forward, Tiananmen Massacre, ending Hong Kong autonomy etc. It is not so black and white, there is the "reform & opening up since 1979" side, then there is these very dark side of Chinese culture that causes war & famine.
It's amazing what can be accomplished when you pile on the debt without any regard for market forces (example: building High Speed Rail networks that cannot be sustained).
@@henli-rw5dw that will be formidable. However, since the beginning of industrialization, the wealthy have been literally paying religious leaders to extoll the godly virtues of work. We swallowed it whole, and there is no workforce anywhere that compares to the skills, trainability, or commitment of the American workforce. We have been elected the hardest working population by the rest of the world, and I’ll take their word for it. But China is going to challenge.
@@d.l.d.l.8140 L'ets take the car market for example. Average new car price is $50k. The BYD Seal hybrid that is selling like crazy in China is $15k and 80 mpg. That's why you need a 100% tariff on Chinese cars to protect the car industry. This is happening in every industry.
Tesla is losing market share. Apple is losing market share. Chinese domestic brands are taking market share. I think Korea and Japan are in for a bad time because they are direct competitors of China. China is refusing to stimulate their internal growth, instead they are taking their glove off to fight for global market share.
Fortunately, most of the people HERE (on this channel) know the difference between S. Korea, Japan, China . But there's a lot of people who don't. Most recent example: the TikTok CEO from Singapore being repeatedly asked about his links to China. "Are you Chinese? Or Japanese?"-Hank Hill
Maybe Brazil have a corruption problem like China. Just because PWC is an English company, doesn’t mean the employee are British National. What nationality do you think the majority of PWC in China is? That right Chinese.
If doctors in Korea are motivated by money, then wouldn't the simple solution for the ER doctor shortage be to raise their pay, as well as provide them with malpractice insurance?
@@sumiland6445 I know this has happened to Australians in China. They can do it to punish the country the business person is from. It could be a form of extortion. It's pretty easy to tell it's fabricated but they hold these trials behind closed doors.
Hi Chris thank you for video. You mentioned that Chinese people don’t vote, because it is one party. Although is kind of true, but there was a form of voting , they get to vote the people representative to go to the people great hall in Beijing, these votes obviously don’t matter, the candidates all are fixed but they did give you a piece of paper with people name on it and tell you to vote though, that was at least 20 years ago not sure if anything changed since
I AM AN AMERICAN BUSINESS MAN WHO HAVE TRAVELLED GLOBALLY..MOST WESTERNERS DO NOT UNDERSTAND THE INNER WORKING OF THE CHINESE ECONOMY AND GOVERNMENT.. THE CHINESE ARE NOT FOLLOWING THE WESTERN ECONOMIC DEVELOPMENT PATH..THEY ARE FOLLOWING THEIR OWN UNIQUE PATH.WE IN THE WEST HAVE SEEN A TOTALLY DIFFERENT ECONOMIC MODEL BEEN THIS SUCCESSFUL.. KOREA JAPAN SINGAPORE ARE AND HAVE ALL FOLLOWED THE WESTERN ECONOMIC FINANCIALIZATION PATH..
An American businessman, knows that the word businessman is one word. China is in big trouble. No domestic consumption and a failing property market and a demographic which is now terminal
@@dariusfatherofxerxes7701 Germany's total direct investment in China in the first half of the year was approximately 7.3 billion euros. This data reflects the growth trend of Germany's investment in China, especially in the first half of this year, when Germany's direct investment in China increased significantly. Specifically, Germany's direct investment in China in the first quarter of this year was approximately 2.48 billion euros, while this number increased to 4.8 billion euros in the second quarter, bringing the total investment in the first half of the year to nearly 7.3 billion euros, exceeding the 6.5 billion euros for the entire year of 2023.
There will always be bubbles. Bubbles are human nature. Tulip mania is here to stay!! But when u mix bubbles & debt on a large scale... like real estate or financial markets... that bubble will burst hard 😂
live in china for years .sorry there is no hope and u see it in people lol. when u live in other countries for a while u start to see what kind of possibilities people have .wages are are like half of what it was during the start of covid, it will get worse before it gets better i think
I appreciate the sentiment, but you're comparing China's agriculture sector with countries that have abysmal agriculture. Japan? Come on. I'd be interested to see the same graphic with a per capita comparison with the US, or Canada, or somewhere with anywhere close to the comparable volume of fertile land
CCP is following the same playbook for exponential economic growth at a time where more nuance is required at this stage in the market cycle. China’s economy is not equip to handle this shift at this time.
I find it strange looking through your past videos that you publish so little about South Korea's economy and the serious problems it is facing. You make many criticisms of China with the implication that in comparison Korea is powering ahead. There is great interest in how Korea succeeded in climbing out of poverty and why it is faltering today. Let's have some videos on this if you have time.
23:41 um, most Americans know the difference between Japan, Korea and China ... just sayin. 23:57 I would guess that most Americans would invest in SKorea and Japan, but NOT China, not now and not for years.
Every time the npc TDS routine gets trotted out I get the impression the person who is saying TDS is actually the real person who is degranged, its pretty obvious by now Trump is a con artist, make sure to hide your cats and dogs so they don't get eaten after if we are degranged then what Trump said must be true😄.
I would invest in China, if allowed, why not? Diversify into one of the largest economies? I don't know much about Chinas markets, tho; so just the fact that you said your wife & acquaintances say, "never, never, never " would successfully dissuade me.
I think China is an interesting case because it's a fast developing economy, and the GDP reflects that, but is obviously being depressed by US trade wars. It's sort of a tale of two economies between SK and China. The US influence is very strong, but I believe China will innovate. They already are, in EV, in AI, and even recently in the video games industry. It has an extremely strong domestic market, so I don't think it's possible/beneficial for the US to completely decouple IMO.
This has actually started already about two years ago. My work mate was pissed when I said he better shed his Chinese investments now. That was 1.5 years ago, and I mentioned that it has been volatile six to nine months already. Chinese economy has been more resilient, that I thought. But now it has reserved more momentum before the total crash.
Wait a minute, did you just say the words "Late STAGE Capitalism"? Why? Sure, we have the theory of the Business cycle where you have the cyclical nature of the collective mentality and financial capacity and the USA, Europe, India, Korea, Japan, most of the world right now is in the late expansion stage. this eventually will get weaker and head for a R Word once the population becomes exhausted which could be days from now or many years away, who knows? But then early expansion stage will kick in and on with a new cycle no? But the "Late stage Capitalism" theory is that it's not cyclical but TERMINAL decline from which there is no recovery. I don't see why the USA or Europe or Korea would not recover and start a new business cycle??? Why would after 300 years the USA become terminal? If the population keeps growing right? If there is a shortage of housing, you have a source for expansion right there no? The currancy would fall as rates are cut and increase exports per usual no? Not to mention the USA and UK like so many other countries have massive consumption base without a balanced local manufacturing base = opportunity for a major re-bound in industry/manufacturing if desired. Maybe Korea has some worry in term of population decline so it's time for immigration to really be ramped up? The one country where I think there could be trouble brewing is Germany, which avoided the 1970s-80s industrial decline in the west and so might be living on borrowed time but who knows? Germany is very creative and intellegent so maybe they find a path out but I don't know. We could also see a major AI Manufacturing boom in the advanced economies, which could spell trouble for Africa/India which are next in line after China. I would hate to see them get their time to shine robbed by AI but the USA does have the Mississippi river delta that is just begging to industrialize, but who knows if that will play out or not.
I'm here in Korea, so the population worries are real. I'll address this stuff more in the future. Appreciate your comment :) You can see my next video too as I talk more about stuff I see.
😂😂😂 Ok List of Countries the US has Bombed Since the End c WWII (may be incomplete) Korea and China 1950-53 (Korean War) Guatemala 1954, 1960 Indonesia 1958 Cuba 1959-61 Vietnam 1961-73 Laos 1964-73 Belgian Congo 1964 Dominican Republic 1965--66 Peru 1965 Guatemala 1967-1969 Cambodia 1969-1970 Nicaragua 198OS El Salvador 1980s Lebanon 1982-84 Grenada 1983 Lebanon 1983, J 1984 (Lebanese, Syrian targets) Iran 1987 Panama 1989 Iraq 1991 (First Gulf War); 1991- 2003 (US/UK "NO Fly Zone") Kuwait 1991 Somalia 1992--94; 2007 Bosnia 1994-1995 Iran 1997 Sudan 1998 Afghanistan 1998 Yugoslavia 1999 Afghanistan 2001--ongoing Iraq 2003 (Second War--more recently predator drones) Yemen 2002, 2009 Libya 1986, 2011
🏠 Start Investing! www.chrisnorlund.com/invest
What do you think about the claims chinese GDP is extremely "overvalued" or "Undervalued"?There are a lot of sources claiming both
Greetings, Chris!
I just found your channel and subscribed. Looking forward to future content.
A reason to not invest in the PRC is due to them not allowing due dilligence firms to ask questions and find answer to see if a company is worth investing in (due to "national security concerns").
If you thought the Chinese can't tell the difference between due diligence firms and CIA, you are arrogant.
As a fellow Asian American.. I'm rooting for your channel's success brother!
You’ll probably really love my book as I talk about the journey www.amazon.com/dp/B0CFHFJP25 :) stories that aren’t often heard in the USA
Bankers get jailed instead of getting bailout? Crazy
I live in China, ppl are dying left and right due to starvation, 60％ unemployment, public transportation shut down, ppl are living without clean water and electricity, everything is going to hell
No its not
Yeah BS dude visited there its fine dumbo
Yeah no
I think it's in-between.
B careful. The police may come after U . For me I can't say anything cos I m a Malaysian Chinese n will not b going to this bastardised Hell of a place ever.
Everything is crystal clear when you talk. I appreciate your ideas and insights.
I would not invest there right now.
I like this content more than your Tesla and Elon coverage.
The doctor situation is interesting because I heard about at the beginning of the summer and it is still on going. I've forgotten about it since then and like the update
So years of stock speculation, overspending and housing bubbles eventually catch up. Crazy, who'd have thought?
The Three Red Lines was done knowing it would seriously hit the housing market in China. Unlike here in the US where we continue to pretend that speculative assets and affordability can exist simultaneously in the housing market.
Exactly. The housing market in China didn't crash. The prices did and if houses get cheap enough, then Chinese people can buy and live in it, as it was intended in the first place.
Americans prefer to think that a housing market colapse is bad because if it happens, then their investment profits (obtained from rentals) go down to zero. These are nothing but pretend-to-be-monarchs who don't want to work and just want to suck the profits from real working people.
I just biked from Seoul to Busan this summer and I have zero idea how Korea is going to handle the aging population, it was real eye opeing seeing the massive amount of elderly. I hope they have a plan because it's scary, my children even noticed something was wrong/different. Beautiful country and amazing people, I'll be back to finish my bike passport!
I basically reduced my (rather small) portfolio exposure to the PRC to a minimum 2 years ago - and I’m continually proven right
Germany's total direct investment in China in the first half of the year was approximately 7.3 billion euros.
This data reflects the growth trend of Germany's investment in China, especially in the first half of this year, when Germany's direct investment in China increased significantly. Specifically, Germany's direct investment in China in the first quarter of this year was approximately 2.48 billion euros, while this number increased to 4.8 billion euros in the second quarter, bringing the total investment in the first half of the year to nearly 7.3 billion euros, exceeding the 6.5 billion euros for the entire year of 2023.
One of the retail phenomenons that has been taking place in the US over the past decade or so is the introduction of a number of Asian-originated chain stores: My local mall now has Daiso, Pop Mart, Quickly, 85C, Round One... it's been a massive turnover from where that mall was around 2010, where most of the brands were from the US but selling Chinese-made goods.
The defining feature of this era to me, though, is the energy transition, which is a nuanced thing. It used to be that people in US dismissed bicycles as a recreation for middle-aged men, but during the swings in gas prices earlier in the decade, a lot of people traded down to an e-bike and discovered they liked it. US cities also used the lockdown period to kick off a big expansion in their bicycle network, servicing the new users, and creating a virtuous cycle(no pun intended). The e-bikes have led the way as the premier electric vehicle, and renewables have grown so much in some regions that it's created a crisis moment for the power grids - their old business model is starting to break as demand and infrastructure needs shift, and homeowners now also have to make complex decisions about where and when they want to use grid power, because there are now heavy price swings throughout the day. Drone-centric weapons systems are the new face of conflict, and those are also based on our energy tech.
The scenario that is faced with this energy economy is that fewer countries need to engage in trade to get what they need - they still have needs, the battery and PV components have been a major issue - but the experience of the EU during the Ukraine conflict demonstrated that it is possible to disengage with the oil business, which is going to be reflected by the financing for some things rapidly unwinding while other things shoot upwards. The immigration picture is also affected by this because if energy isn't posing a limit, high standards of living are within reach for many more people, and therefore it's easier to throw the doors open for immigrants and reindustrialize locally.
Didn't realize Daiso was in the US now. We go to that place all the time. In fact there are too many. In our neighborhood, there's like five. It's nuts. Not sure if our market needs that many. Wish the US would invest more in bike stuff and mass transit but culturally theres lots of Americans that are addicted to their big SUVs. And drone stuff, we have it here in Korea, but I think it's more popular in the US.
8:52 "can you convince your kids?"
What kids? Have you seen S Korea's birth rates?
It is shocking the shear size of the national mess in China. It seems to be on such a big scale now I honestly do not see how the average citizen is ever going to recover
China is in much better shape to recover than the US is. China has the means of production and a very strong industrial complex. The average US mentality doesn't even understand what China is, let along understand its economy.
You should come to China and see for yourself how "messy" it is. Perhaps compare it with San Francisco or NYC.
Everything is alright in china then? @@i6power30
As an average Chinese citizen, i don't see any mess.
@@i6power30 I live in a well-off suburb of Portland and it's basically heaven on earth. Haven't been to China, so can't compare.
Don't buy companies for the ROI, buy them for the power of ownership. On a long enough time scale with enough money spent, you could become a major shareholder and the decision making would be yours. Treating it like a get rich quick scheme is dumb. You want the power not the riches, imo.
Many monopolies have formed because large businesses, such as Google, have had easy access to borrowing money, which can result in malinvestment.
Important to remember about China. They may have a crash and have to reorganize. But. They’ve brought millions of people off the farm and into industrial production. Imagine the scope and scale of changes those people had to endure. They learned new skills, which means they don’t fear retraining, if necessary. That workforce is a huge asset. I’ve been amazed by the rapid transformation of Chinese culture and society. Clearly intelligent people, formal schooling is going to ensure their future. Politically, the information that leaks through to them is going to have an impact, hopefully leading to a representative form of government and a free society. But we’ll have to be patient. Unfortunately, change is generational, and we’re asking a lot.
See: South Korea. A success story with a measuring stick next door.
The problem is not that they will crash, the problem is that they won't play nice and go all out. You'll gonna see the full strength of chinese competition.
that's one side of China. We often forget there is another side - 10 years cultural revolution, great leap forward, Tiananmen Massacre, ending Hong Kong autonomy etc. It is not so black and white, there is the "reform & opening up since 1979" side, then there is these very dark side of Chinese culture that causes war & famine.
It's amazing what can be accomplished when you pile on the debt without any regard for market forces (example: building High Speed Rail networks that cannot be sustained).
@@henli-rw5dw that will be formidable. However, since the beginning of industrialization, the wealthy have been literally paying religious leaders to extoll the godly virtues of work. We swallowed it whole, and there is no workforce anywhere that compares to the skills, trainability, or commitment of the American workforce. We have been elected the hardest working population by the rest of the world, and I’ll take their word for it. But China is going to challenge.
@@d.l.d.l.8140 L'ets take the car market for example. Average new car price is $50k. The BYD Seal hybrid that is selling like crazy in China is $15k and 80 mpg. That's why you need a 100% tariff on Chinese cars to protect the car industry. This is happening in every industry.
Tesla is losing market share. Apple is losing market share. Chinese domestic brands are taking market share. I think Korea and Japan are in for a bad time because they are direct competitors of China. China is refusing to stimulate their internal growth, instead they are taking their glove off to fight for global market share.
Fortunately, most of the people HERE (on this channel) know the difference between S. Korea, Japan, China .
But there's a lot of people who don't. Most recent example: the TikTok CEO from Singapore being repeatedly asked about his links to China.
"Are you Chinese? Or Japanese?"-Hank Hill
What's new?, It's been collapsing for 20 rears now. So?
It seems plausible that PwC would do something like that. Here in Brasil, they 'missed' a $6 billion tax fraud for years.
Maybe Brazil have a corruption problem like China. Just because PWC is an English company, doesn’t mean the employee are British National. What nationality do you think the majority of PWC in China is? That right Chinese.
If doctors in Korea are motivated by money, then wouldn't the simple solution for the ER doctor shortage be to raise their pay, as well as provide them with malpractice insurance?
Can you do update on Palantir?
Also, John Boltons corporate America can go to hell.
China Stonks will at some point regain traction, who knows when though!
Thong man is a moron
If you believe this, please sell all your USD for yuan and then invest it there. 😂
@@phoenix5054well usd is propped by nothing
How many foreign business people are in Chinese prisons? Charged with "espionage" or "subversive activities"?
Many. Disturbingly enough.
@@jemborg 🥺 why does the CCP do this?
@@sumiland6445 I know this has happened to Australians in China. They can do it to punish the country the business person is from. It could be a form of extortion. It's pretty easy to tell it's fabricated but they hold these trials behind closed doors.
@@jemborg and the CCP wonders why foreign investments are evaporating 😖
@@sumiland6445
In usa . Billionaires run the govt
In china , Billionaires fear the govt
If Chinese financial markets collapse, shouldn't that be bullish for US equities as capital flees China seeking safer investment opportunities?
Hi Chris thank you for video. You mentioned that Chinese people don’t vote, because it is one party. Although is kind of true, but there was a form of voting , they get to vote the people representative to go to the people great hall in Beijing, these votes obviously don’t matter, the candidates all are fixed but they did give you a piece of paper with people name on it and tell you to vote though, that was at least 20 years ago not sure if anything changed since
I think Trump should write Chairman Jerome and demand ZIRP 0% Fed Rate tobprine things before the next MAGA Term... 🤔
western leader flying in & out to help China, what a kind heart of western leaders.😂😂😂
USA has announced that they will spend up to 1.6 billions dollar on information warfare. 😂
Well it’s doesn’t beat out the 50 army China have
@@SumTingWong888 and what do we call those short vietnames lady boys army!?
@@Jindinhackerhelp you mistaken Thai with us Vietnamese. You know you Chinese know not to f.. With the Vietnamese.
@@Jindinhackerhelp that would be the Thai, you Chinese know not to f…… with the Vietnamese
@@SumTingWong888 lol me not chinese me usa love me long long time lol
I AM AN AMERICAN BUSINESS MAN WHO HAVE TRAVELLED GLOBALLY..MOST WESTERNERS DO NOT UNDERSTAND THE INNER WORKING OF THE CHINESE ECONOMY AND GOVERNMENT.. THE CHINESE ARE NOT FOLLOWING THE WESTERN ECONOMIC DEVELOPMENT PATH..THEY ARE FOLLOWING THEIR OWN UNIQUE PATH.WE IN THE WEST HAVE SEEN A TOTALLY DIFFERENT ECONOMIC MODEL BEEN THIS SUCCESSFUL.. KOREA JAPAN SINGAPORE ARE AND HAVE ALL FOLLOWED THE WESTERN ECONOMIC FINANCIALIZATION PATH..
We heard you. It’s your cap button broken
An American businessman, knows that the word businessman is one word.
China is in big trouble. No domestic consumption and a failing property market and a demographic which is now terminal
@@dariusfatherofxerxes7701 Germany's total direct investment in China in the first half of the year was approximately 7.3 billion euros.
This data reflects the growth trend of Germany's investment in China, especially in the first half of this year, when Germany's direct investment in China increased significantly. Specifically, Germany's direct investment in China in the first quarter of this year was approximately 2.48 billion euros, while this number increased to 4.8 billion euros in the second quarter, bringing the total investment in the first half of the year to nearly 7.3 billion euros, exceeding the 6.5 billion euros for the entire year of 2023.
Using all caps casts doubt over your claim of being businessman
@@thomasrogers9146 teaching English in china doesn't make you a business man
There will always be bubbles. Bubbles are human nature. Tulip mania is here to stay!! But when u mix bubbles & debt on a large scale... like real estate or financial markets... that bubble will burst hard 😂
live in china for years .sorry there is no hope and u see it in people lol. when u live in other countries for a while u start to see what kind of possibilities people have .wages are are like half of what it was during the start of covid, it will get worse before it gets better i think
I appreciate the sentiment, but you're comparing China's agriculture sector with countries that have abysmal agriculture. Japan? Come on.
I'd be interested to see the same graphic with a per capita comparison with the US, or Canada, or somewhere with anywhere close to the comparable volume of fertile land
China is moving to Mexico, Africa for manufacturing.
CCP is following the same playbook for exponential economic growth at a time where more nuance is required at this stage in the market cycle. China’s economy is not equip to handle this shift at this time.
China 0 recession
China 0 inflation
Usa recession
Uk recession
France recession
Germany recessing
India recession
Taiwan recession
Imagine treating the most wealthy people in your country as a protected class.... oh wait, that's the usa.
At least we pretend half the time and even have laws and a constitution. China has the CCP.
I find it strange looking through your past videos that you publish so little about South Korea's economy and the serious problems it is facing. You make many criticisms of China with the implication that in comparison Korea is powering ahead. There is great interest in how Korea succeeded in climbing out of poverty and why it is faltering today. Let's have some videos on this if you have time.
You can see our vlog channel Korea vs US Healthcare Culture
ua-cam.com/video/TqYq9UBB8jc/v-deo.html
23:41 um, most Americans know the difference between Japan, Korea and China ... just sayin. 23:57 I would guess that most Americans would invest in SKorea and Japan, but NOT China, not now and not for years.
Wow, a non-TDS video for once, nice.
Every time the npc TDS routine gets trotted out I get the impression the person who is saying TDS is actually the real person who is degranged, its pretty obvious by now Trump is a con artist, make sure to hide your cats and dogs so they don't get eaten after if we are degranged then what Trump said must be true😄.
Watch out U S dollar.
I would invest in China, if allowed, why not? Diversify into one of the largest economies?
I don't know much about Chinas markets, tho; so just the fact that you said your wife & acquaintances say, "never, never, never " would successfully dissuade me.
I think China is an interesting case because it's a fast developing economy, and the GDP reflects that, but is obviously being depressed by US trade wars. It's sort of a tale of two economies between SK and China. The US influence is very strong, but I believe China will innovate. They already are, in EV, in AI, and even recently in the video games industry. It has an extremely strong domestic market, so I don't think it's possible/beneficial for the US to completely decouple IMO.
Yes China is developing their tech industry rapidly. Who knows maybe they will pass Korea and Japan in those areas. It’s a fierce fight out here!
True but they need somebody to buy that tech, and apart from developing countries I'm not sure many countries want to anymore.
I’m Chinese in China now. 40% unemployment! People are starving. What people have is only debt. What a extreme strong domestic market 😂
They steal most of their tech.
This has actually started already about two years ago. My work mate was pissed when I said he better shed his Chinese investments now. That was 1.5 years ago, and I mentioned that it has been volatile six to nine months already.
Chinese economy has been more resilient, that I thought. But now it has reserved more momentum before the total crash.
Wait a minute, did you just say the words "Late STAGE Capitalism"? Why? Sure, we have the theory of the Business cycle where you have the cyclical nature of the collective mentality and financial capacity and the USA, Europe, India, Korea, Japan, most of the world right now is in the late expansion stage. this eventually will get weaker and head for a R Word once the population becomes exhausted which could be days from now or many years away, who knows? But then early expansion stage will kick in and on with a new cycle no?
But the "Late stage Capitalism" theory is that it's not cyclical but TERMINAL decline from which there is no recovery. I don't see why the USA or Europe or Korea would not recover and start a new business cycle??? Why would after 300 years the USA become terminal? If the population keeps growing right? If there is a shortage of housing, you have a source for expansion right there no? The currancy would fall as rates are cut and increase exports per usual no?
Not to mention the USA and UK like so many other countries have massive consumption base without a balanced local manufacturing base = opportunity for a major re-bound in industry/manufacturing if desired.
Maybe Korea has some worry in term of population decline so it's time for immigration to really be ramped up?
The one country where I think there could be trouble brewing is Germany, which avoided the 1970s-80s industrial decline in the west and so might be living on borrowed time but who knows? Germany is very creative and intellegent so maybe they find a path out but I don't know.
We could also see a major AI Manufacturing boom in the advanced economies, which could spell trouble for Africa/India which are next in line after China. I would hate to see them get their time to shine robbed by AI but the USA does have the Mississippi river delta that is just begging to industrialize, but who knows if that will play out or not.
I'm here in Korea, so the population worries are real. I'll address this stuff more in the future. Appreciate your comment :) You can see my next video too as I talk more about stuff I see.
produce nothing, peddle bs schemes
China Financial Markets Collapse? I heard that 20 years ago. WTF?
I’ve been intentionally ignoring stories about the Chinese economy. Not this one.
China 0 recession
China 0 inflation
Usa recession
Uk recession
France recession
Germany recessing
India recession
Taiwan recession
News flash for China you cannot beat the war drums and expect the market to do well
😂😂😂 Ok List of Countries the US has Bombed Since the End c
WWII
(may be incomplete)
Korea and China 1950-53 (Korean War)
Guatemala 1954, 1960
Indonesia 1958
Cuba 1959-61
Vietnam 1961-73
Laos 1964-73
Belgian Congo 1964
Dominican Republic 1965--66
Peru 1965
Guatemala 1967-1969
Cambodia 1969-1970
Nicaragua 198OS
El Salvador 1980s
Lebanon 1982-84
Grenada 1983
Lebanon 1983, J 1984 (Lebanese, Syrian targets)
Iran 1987
Panama 1989
Iraq 1991 (First Gulf War); 1991- 2003 (US/UK "NO
Fly Zone")
Kuwait 1991
Somalia 1992--94; 2007
Bosnia 1994-1995
Iran 1997
Sudan 1998
Afghanistan 1998
Yugoslavia 1999
Afghanistan 2001--ongoing
Iraq 2003 (Second War--more recently predator
drones)
Yemen 2002, 2009
Libya 1986, 2011
Finarry....
Is this a joke ?