The boomers with pensions, 401k, government pensions, and SS are the ones I know spending right now. Us and other families with young kids are buying the minimum. Food, shelter, insurance, medical.
Exactly same position here in Australia. All those costs making household inflation be x3 the official inflation rate. At least fuel costs dropping because of collapse in oil price, due to forthcoming recession…
In Canada prices of houses are already going down a lot of the Chinese people that were purchasing property are now poor because their house in China went down in price house prices to crash soon in Canada
There are an infinite number of dollars to keep it propped up. Histories show that governments will kill their currency before letting their markets to collapse and we're not even close to hyperinflation. There will never be another recession.
Ok, let’s look at the influence Chinese money had in propping up South Florida Housing market over the last almost 20 years. IF the foreign investors that own houses there are forced to sell you will see south Florida prices crater faster and harder than we have ever seen before.
I'd imagine that the Chinese who managed to get their money out of the country and invest abroad are going to be doing everything in their power to hold on to those assets.
@@mesasone2280 They most definitely will, the question is how successful they will be. Knowing that the US government has allowed the CCP to set up police stations here I am betting that they will be trying to track down assets owned by Chinese here. They will use this to force a sale here to get the money and probably seize the individuals property in china too. Just a guess.
Doesn’t net migration (I mean from US citizens) prop up property prices more than a certain group. It’s a similar situation in Sydney and Melbourne - Chinese buyers blamed for pushing up prices across the board, but much systemic issue is population growth outpacing accommodation building.
You got it. Balance sheet recession. Forget stimulus. They are paying down debt. Same as Japan 1990. They sent out stimulus to SOEs. They bought treasuries.
Right. How can China allow prices of goods and services to become more affordable for their citizens and transferring homes from bankrupt developers to the citizens. China must be collapsing!
“The American elite decided that democracy wasn’t working for them, the elite that Friedman described saw enlightened Chinese autocracy as a friend and even as a model” ― Lee Smith
The whole world is moving to home ground manufacturing when the world of consumers is shrinking so increase products from everywhere and Less consumers, China is suffering and will suffer from less consumerism, we Australia a provider of resources are also in real trouble
First, I applaud George’s increased attention to the global economy and his acknowledgement of the importance of liquidity. Now, I’d urge him to examine the geopolitical tactics Powell might employ to weaken the dollar through Japan to stimulate the Chinese economy without weakening the Yuan. Might it be related to the Yen Carry Trade unwind? Second, I’d highlight that George argues the Chinese government might be forcing banks to sell bonds now but fails to connect how they might have also forced banks to buy bonds previously. Once again, assigning an economic viewpoint to a bank, trader or global actor based only on outwardly observed actions is a fool’s errand. How many more examples do we need? PS This is really fun - especially the last episode with George Selgin. I will read his paper. I was formally taught in law school as he describes but I love how your mind works that resulted in your position as well. You have a terrific, creative mind not constrained by formal education that I find really fascinating.
Looks to me like short term pain for a long term expansion of their middle class. I know a guy who went to China recently, yeah asset prices are correcting but food and energy are cheap as deflation is the destruction of money and the appreciation in value of the remaining money. China's inflation was almost an inverse of the USA's last decade but they have a larger middle class than America does. History will judge I guess but our Central Banks unprecedentedly interfered in economies last decade in an effort to avoid deflation and were ultimately ineffective. Bascil3 regulation aside, the velocity value in Friedmans inflation equation dropped off post GFC the QE's flowing into the FINANCIAL economy of assets instead of the REAL economy of goods and services.
I think a lot of this is overblown - is China a debt-based economy? And how much of a debt based economy is it? it has a fair amount of private debt, this is true, very little government debt however… It still has a healthy manufacturing sector, it still produces tons of steel and other basic goods government spending is at a healthy rate, there’s lots of private debt, sure. I’m just not convinced that deflation will negatively affect China like it would a lot of western debt based economies. I think a lot of this uproar is a propaganda effort to get western enterprises to pull investment out of China. China will be fine, they spent the proceeds of the investment boom wisely. It seems. It’s run by a communist party as well, let’s not forget that, so they won’t approach this problem the same way Japan did or the United States would - namely by printing money to make that cheaper again to keep the debt machine going. when the US housing market collapsed in the 2008 timeframe, the US government did everything possible to reinflate the housing market - and for many years, it still didn’t work, but eventually it did work, but China has already demonstrated that they are not going to take that approach “ housing is for living in, not speculation “was the statement. now property is dirt cheap, this is a good thing despite all of the problems that come along with it. This is good for the consumer in China.
China is estimated to have 92% Debt/GDP ratio. The problem is people with savings have very few places to invest their money so they all bought real estate, and now they're getting wiped out financially. This in turn is taking down banks, property developers, and all the industries that support them. Concrete is just one example. Prices crash, more businesses go under. It's seriously messed up over there.
china = 1929 in america. rampant speculation and investment in housing. Keep in mind, even during the worst of the US depression unemployment was only 25% (~12% using today's metrics). Times were tough but it wasn't near the doom and gloom fear you're led to believe. china has a very tough 20-30 years ahead, and it's going to be similar to the great depression. That doesn't mean they are headed toward Venezuela style collapse.
@@patrickdaly6652 they have been offloading US treasuries for years. The only people buying US tresuries now are dupes like Japan, the biggest cucks in the world, besides my home country of germany. They are literally occupied countries.
Because China's doing just fine. Deflation there means their citizens are gaining purchasing power. George and his dollar loving circle-jerk friends just don't see reality. If deflation there is so bad, then the inflation we have here must be super good, right? RIGHT!?!? 😂 It's laughable.
Just wondering. If China decided to go to a gold based economy, with all the gold that they have, what would be the value of one ounce of gold be in their currency.
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 assets 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.
I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over 2.8million.
I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same but it seems you’ve got it all worked out with the firm you work with so i surely wouldn’t mind a recommendation.
Our democratic led govt. needs one more happy financially fed voters with a stimulated market before the big macro cliffhanger. I think these banks will cause one more positive trend into Q4. Everybody will get in and out before a big giant rug pull starting next spring.
Hey George, would you be able to do a white board video to explain why the bond market is a good prediction of recessions? Maybe there is one already that you could point me to, tried to find and couldn't...def agree it is, wanted to understand the mechanics behind it...Great content as always, tks!
During covid we were worried about tolit paper! We have no idea how much stuff they make could spell supply shortages. Im betting out flows from ai will flow into near shore commodities that replace Chinese shortages.
Toilet paper is made in the US. We can survive without processed foods and electronics made in China. They can't survive without our agricultural exports.
The U.S. maintained its embargo on China during the Great Chinese Famine (1959-1961), discouraging other nations from sending food, confident that millions of deaths from starvation would ensure China’s permanent collapse. Consumers worldwide are now frustrated with the influx of affordable goods from China. The British opium nearly did them in, and surely these tariffs on Chinese products will finish them off for good this time. Meanwhile, China’s GDP growth is at 4.7%-a clear sign that the nation is finally collapsing.
there is yt channel china observer, according to it situation in china is much worse than economic data presented, shopping malls are empty, production is crashing, like it is demand for goods, they are not in recession but already in depression.
China Observer ONLY posts negative news about China. Believe it or not they've actually done quite well and their goods are actually bought by other countries !
They are. Their citizens are massively buying gold, and now silver. China doesn't let any gold leave it's borders. And their citizens can save in gold as all their banks allow citizens gold savings accounts. China's fine and GG can't see it because he's always got Brent Johnson's dollar-milkshake straw in his face.
Well, in an actual deflationary scenario..you lose your job and your 401k vanishes ...also, banks won't be lending...good luck ..might want to actually understand all that comes with deflation
Poor people are already in a depression? I highly doubt that George. People hoarded everything in those times. We are still a throw away nation, no one is hoarding yet. Not seeing that in Maryland
We are not governed from within Australia, world economic forum rules the world, more obvious in some places than other. all roads lead to Rome, Bread & Circus continues
@@MauriceDeClerk No idea who the buyers might be? - for sure, bond yields only fall when buyers are pushing bond prices higher - CNY has been appreciating against USD too..
China is the mother of all unproductive Keynesian economic "experiments". So highly predictable and old news now. This has been factored in by international stock and bond markets for well over a year now. It's due to very poor future demographics. Markets are always forward looking, In this case they are predicting decade(s) of slow growth.
But the assets are driven by PRINTING not because of productivity throughout the economy! With DD what do I expect to happen to the assets class? Oct 2024 may live in INFAMY for the west!
Unless you count “size of the economy” in units of value created, then China would be negative $10 trillion per year. Yeah. That’s what happens when you build everything out of tofu.
Neither is there salvation in any other: for there is none other name under heaven given among men, whereby we must be saved. That name is Jesus Christ!
Do the math, sir. If you’d spend 30 minutes beforehand to tighten-up your presentation, you’d save tens of thousands of viewers 10 minutes each from having to watch you organize yourself.
The boomers with pensions, 401k, government pensions, and SS are the ones I know spending right now. Us and other families with young kids are buying the minimum. Food, shelter, insurance, medical.
Exactly same position here in Australia. All those costs making household inflation be x3 the official inflation rate. At least fuel costs dropping because of collapse in oil price, due to forthcoming recession…
And Trump promises to keep the checks coming
@@b1burck no matter who gets elected it’s unsustainable. I’d rather have Trump but he’s not going to fix everything.
Every government program is simply a replacement for a soup kitchen or bread line.
In Canada prices of houses are already going down a lot of the Chinese people that were purchasing property are now poor because their house in China went down in price house prices to crash soon in Canada
80 to 90% down
😂😂😂@@halledwardb
Don't worry about China, we have Bidenomics, no worry be Happy!
Joy!😂
@@mediahound587turn the page🙄
Chinese estate dropped 50% meaning hundreds of billions if not trillions of dollars vanished instantly 😅😂
The cult chimes in
REJOICE!!. We have Hollywood and Obamas and Oprah
Can't see this debt laden house of cards holding up world wide much longer. Been amazed at how long they've kept this all going.
What is China's debt???
You talking about China or USA?
@@funbarsolaris2822Both, these economies run in such high deficits is ridiculous. They can finesse the numbers. But real people see the real damage.
@@funbarsolaris2822he said worldwide
There are an infinite number of dollars to keep it propped up. Histories show that governments will kill their currency before letting their markets to collapse and we're not even close to hyperinflation. There will never be another recession.
The question that follows should be, "How can it not spread to the rest of the world?".
Ok, let’s look at the influence Chinese money had in propping up South Florida Housing market over the last almost 20 years. IF the foreign investors that own houses there are forced to sell you will see south Florida prices crater faster and harder than we have ever seen before.
This is the kind od thing that occurred to me during this show
I'd imagine that the Chinese who managed to get their money out of the country and invest abroad are going to be doing everything in their power to hold on to those assets.
@@mesasone2280 They most definitely will, the question is how successful they will be. Knowing that the US government has allowed the CCP to set up police stations here I am betting that they will be trying to track down assets owned by Chinese here. They will use this to force a sale here to get the money and probably seize the individuals property in china too. Just a guess.
Doesn’t net migration (I mean from US citizens) prop up property prices more than a certain group. It’s a similar situation in Sydney and Melbourne - Chinese buyers blamed for pushing up prices across the board, but much systemic issue is population growth outpacing accommodation building.
China invest also heavily in all countries around the world which balance the shift in economic more and less active regions playing the save cards
I miss steak almost as much as I miss hopes and dreams - Middle Class
The cliff is coming. Held together with gum and floss until the US election in November.
Does this mean the price of my Chinese food will go down
☠️☠️☠️
No
No, it just means MSG is cheaper so the food will have more 😂
Enjoy that gutter oil!
The Kung pow chicken went up this week.... we're doomed.
Those cheering at China's issues are fools.
You got it. Balance sheet recession. Forget stimulus. They are paying down debt. Same as Japan 1990. They sent out stimulus to SOEs. They bought treasuries.
The difference is the houses aren't even benn built what they owe on
You believe CNBC?? I'm disappointed
He's reading an article while also looking at the actual numbers from different sources. I think that's fine
Right. How can China allow prices of goods and services to become more affordable for their citizens and transferring homes from bankrupt developers to the citizens. China must be collapsing!
Oh..I see you have that delusional syndrome...so sad.. hopefully Trump saves you 😂
Seems you have that TDS but the opposite of what the right says. You don't trust anything unless it fits your narrative 🥱
with the biggest equity buyer being Corporate buy backs, and last resort being FED, they won't let the market go down anything big.
“The American elite decided that democracy wasn’t working for them, the elite that Friedman described saw enlightened Chinese autocracy as a friend and even as a model” ― Lee Smith
The whole world is moving to home ground manufacturing when the world of consumers is shrinking so increase products from everywhere and Less consumers, China is suffering and will suffer from less consumerism, we Australia a provider of resources are also in real trouble
Crazy government I've been hearing
First, I applaud George’s increased attention to the global economy and his acknowledgement of the importance of liquidity. Now, I’d urge him to examine the geopolitical tactics Powell might employ to weaken the dollar through Japan to stimulate the Chinese economy without weakening the Yuan. Might it be related to the Yen Carry Trade unwind? Second, I’d highlight that George argues the Chinese government might be forcing banks to sell bonds now but fails to connect how they might have also forced banks to buy bonds previously. Once again, assigning an economic viewpoint to a bank, trader or global actor based only on outwardly observed actions is a fool’s errand. How many more examples do we need? PS This is really fun - especially the last episode with George Selgin. I will read his paper. I was formally taught in law school as he describes but I love how your mind works that resulted in your position as well. You have a terrific, creative mind not constrained by formal education that I find really fascinating.
you do a great job, The waves of all tankers hitting the shores, has an effect.
Very insightful analysis George!
Thank you George G
Looks to me like short term pain for a long term expansion of their middle class. I know a guy who went to China recently, yeah asset prices are correcting but food and energy are cheap as deflation is the destruction of money and the appreciation in value of the remaining money. China's inflation was almost an inverse of the USA's last decade but they have a larger middle class than America does. History will judge I guess but our Central Banks unprecedentedly interfered in economies last decade in an effort to avoid deflation and were ultimately ineffective. Bascil3 regulation aside, the velocity value in Friedmans inflation equation dropped off post GFC the QE's flowing into the FINANCIAL economy of assets instead of the REAL economy of goods and services.
Thanks George
This must all be part of the plan.
There is noe plan. No-one is driving the bus.
@@robertpedersen6831 idiot.
Whose plan?? Please explain and with your tin hat off
@@b1burck Just pointing out Ray has no clue.
Like we’re telling the truth
That's why we want Trump. Like it or not, the media does report true statistics when Trump is in office - they want to make him look bad lol.
America will go thru a fast grinding "adjustment".
I think a lot of this is overblown - is China a debt-based economy? And how much of a debt based economy is it? it has a fair amount of private debt, this is true, very little government debt however…
It still has a healthy manufacturing sector, it still produces tons of steel and other basic goods government spending is at a healthy rate, there’s lots of private debt, sure. I’m just not convinced that deflation will negatively affect China like it would a lot of western debt based economies.
I think a lot of this uproar is a propaganda effort to get western enterprises to pull investment out of China. China will be fine, they spent the proceeds of the investment boom wisely. It seems. It’s run by a communist party as well, let’s not forget that, so they won’t approach this problem the same way Japan did or the United States would - namely by printing money to make that cheaper again to keep the debt machine going.
when the US housing market collapsed in the 2008 timeframe, the US government did everything possible to reinflate the housing market - and for many years, it still didn’t work, but eventually it did work, but China has already demonstrated that they are not going to take that approach “ housing is for living in, not speculation “was the statement. now property is dirt cheap, this is a good thing despite all of the problems that come along with it. This is good for the consumer in China.
China is a communist country. Nothing is private there.
China is estimated to have 92% Debt/GDP ratio. The problem is people with savings have very few places to invest their money so they all bought real estate, and now they're getting wiped out financially. This in turn is taking down banks, property developers, and all the industries that support them. Concrete is just one example. Prices crash, more businesses go under. It's seriously messed up over there.
@@WhyteHorse2023agree, just like here….. what happens when sell our treasures?
china = 1929 in america. rampant speculation and investment in housing. Keep in mind, even during the worst of the US depression unemployment was only 25% (~12% using today's metrics). Times were tough but it wasn't near the doom and gloom fear you're led to believe. china has a very tough 20-30 years ahead, and it's going to be similar to the great depression. That doesn't mean they are headed toward Venezuela style collapse.
@@patrickdaly6652 they have been offloading US treasuries for years. The only people buying US tresuries now are dupes like Japan, the biggest cucks in the world, besides my home country of germany. They are literally occupied countries.
Asset holder are not in reality doing well. Unless they sale those said assets.
But I thought the Chinese bought a little gold with each paycheck. The lies we've been told are astounding.
1.2 trillion a year trade surplus; I don't think China is about to go bust anytime soon.
What is your prediction? And when?
Nawl. No worries. We have Janet Yellen.
but I'm making money just focusing on charts.
Yes, but how is NIO/ONVO doing record sales of electric cars?? It makes no sense.
The government buys them and parks them in fields to prop up the numbers.
Google….chinese cars in fields…and see
Because China's doing just fine. Deflation there means their citizens are gaining purchasing power. George and his dollar loving circle-jerk friends just don't see reality.
If deflation there is so bad, then the inflation we have here must be super good, right? RIGHT!?!? 😂
It's laughable.
The government subsides the industry.
@@Semi_Successful Oh, just like here in the US?! 🤣🤣
They sell world-wide. Think cheap cars for SE Asia.
I realy hope I'm in some kind of information bubble, and there is the same amount of positive perspecitves on economy, in other bubbles:)
Just wondering. If China decided to go to a gold based economy, with all the gold that they have, what would be the value of one ounce of gold be in their currency.
China doesn't enough gold to go gold standard
@@Dragonbhat At the current price no, but at 10x or more today's gold price, absolutely. That is why gold is currently being revalued by the east.
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 assets 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.
I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over 2.8million.
I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same but it seems you’ve got it all worked out with the firm you work with so i surely wouldn’t mind a recommendation.
Our democratic led govt. needs one more happy financially fed voters with a stimulated market before the big macro cliffhanger. I think these banks will cause one more positive trend into Q4. Everybody will get in and out before a big giant rug pull starting next spring.
Hope and Joy - Kamala 😂
Hey George, would you be able to do a white board video to explain why the bond market is a good prediction of recessions? Maybe there is one already that you could point me to, tried to find and couldn't...def agree it is, wanted to understand the mechanics behind it...Great content as always, tks!
Maybe CNBC got the heading wrong and they're talking about some other country 🤔
During covid we were worried about tolit paper! We have no idea how much stuff they make could spell supply shortages. Im betting out flows from ai will flow into near shore commodities that replace Chinese shortages.
Toilet paper is made in the US. We can survive without processed foods and electronics made in China. They can't survive without our agricultural exports.
We're ok
I think Josh shops for his glasses frames in Pittsburgh.
The U.S. maintained its embargo on China during the Great Chinese Famine (1959-1961), discouraging other nations from sending food, confident that millions of deaths from starvation would ensure China’s permanent collapse.
Consumers worldwide are now frustrated with the influx of affordable goods from China. The British opium nearly did them in, and surely these tariffs on Chinese products will finish them off for good this time.
Meanwhile, China’s GDP growth is at 4.7%-a clear sign that the nation is finally collapsing.
there is yt channel china observer, according to it situation in china is much worse than economic data presented, shopping malls are empty, production is crashing, like it is demand for goods, they are not in recession but already in depression.
It's pretty haunting.
China Observer ONLY posts negative news about China. Believe it or not they've actually done quite well and their goods are actually bought by other countries !
And is it actually true what they are saying? I would be very careful of these political channels.
Luckily China & US economies are disconnected (except for Amazon).
Say what you want about the Japanese economy, but those captains of finance know what they're doing.
Bwahahahahahaa now that's funny
Nothing bad will happen because nothing bad has already happened.
Is that line plagiarized from Kamala?
How Kamalian of you. Deep and profoundly stupid😂
No growth in China but massive growth in South Africa
So what are the chances that the Feds raise rates and bamboozles the whole market 😅?
This entire house of cards is about to finally collapse
Nah..just another major war ..they retain power and control...good luck though
At this moment we work 80+ hours a week just to survive not actually live😂
12:50 why don't they "game stop" those short positions with buying and diamond hands? 😂
If they want low risk why not just buy more gold?
They are. Their citizens are massively buying gold, and now silver. China doesn't let any gold leave it's borders. And their citizens can save in gold as all their banks allow citizens gold savings accounts.
China's fine and GG can't see it because he's always got Brent Johnson's dollar-milkshake straw in his face.
We need deflation everywhere, so that those with savings can fucking afford buying a house to fucking live in.
@@Garden-offgrid Yep, where there are winners, there are also losers. People will need to live somewhere though.
Well, in an actual deflationary scenario..you lose your job and your 401k vanishes ...also, banks won't be lending...good luck ..might want to actually understand all that comes with deflation
@@TheHappyCoderthe Middle Class gets further wiped out in a deflationary scenario
Sounds like they’re going to have to fix their balance sheet. They’re going to revalue gold?
Poor people are already in a depression? I highly doubt that George. People hoarded everything in those times. We are still a throw away nation, no one is hoarding yet. Not seeing that in Maryland
Are bonds safe to buy now?
This is it for me.
My friend.... that is what they tell us. What have you learn? Have you been here all your life or did you just arrived from Mars?
It's all planned.
We are not governed from within Australia, world economic forum rules the world, more obvious in some places than other. all roads lead to Rome, Bread & Circus continues
How do you say, "ctrl-p" in Mandarin?
It’s pronounced AU or translated g- o-l-d.
they wont be happy until we are all running in and out of dustbins
Its telling anybody who knows anything about bond markets that there's a lot of demand for Chinese bonds - that's how yields fall, btw.
so who is buying the bonds? Im guessing this is where money is invested in china now that residential housing in the toilet.
@@MauriceDeClerk No idea who the buyers might be? - for sure, bond yields only fall when buyers are pushing bond prices higher - CNY has been appreciating against USD too..
Well yes, the emperor's new clothes
every 400 years its a normal cycle
China is the mother of all unproductive Keynesian economic "experiments". So highly predictable and old news now. This has been factored in by international stock and bond markets for well over a year now. It's due to very poor future demographics. Markets are always forward looking, In this case they are predicting decade(s) of slow growth.
Cnbc tells the truth???,, what a joke
This guy here lost his mind, lol 😆 😂 🤣
But the assets are driven by PRINTING not because of productivity throughout the economy! With DD what do I expect to happen to the assets class? Oct 2024 may live in INFAMY for the west!
I thought they were taking over the world Ray Dalio?
Unless you count “size of the economy” in units of value created, then China would be negative $10 trillion per year.
Yeah. That’s what happens when you build everything out of tofu.
Second largest economy so of course it will have affects on everyone else
Not heroin ...fentanyl
Opium wars. The chicken has come home to roost
@@gezin82 i never thought of it that way LOL
😂😂😂same same talking talking George the stock market don’t care 😂🤣😂🤣
George, invest into your favorite dictatorship - Russia.
Yes. See David wilkers, vision
On UA-cam 1973
Make "Made in China" Great Again!!! Lol
U are dealing with world largest and well organized mafia!
I don't see anything different than what our government is doing if not worse
Perma idiots since 2020. Even SP Fell, it would be higher than 2020. And Perma idiots still would be bears
NBD though. It'll take a while
Om vi säger som så vad är skillnaden mellan fd Sovjetunionen och ccp China???????.
Vissa saker ja. Men grund ideologin????????
The ads ... Brutal ... might be done with this channel.
Yes
这频道挺欢乐的。
OMG OMG GEORGE SAID COVID INSTEAD OF CERVESA SICKNESS GEORGIE GOES WOKE!!!!!
Great China... Do not blah blah. You are in frenzy American style 😂😂😂😂
Gonna skip this one
😂😂😂😂😂😂😂
I I hear talking about Chinese manipulating bond yields I think u are projecting
Neither is there salvation in any other: for there is none other name under heaven given among men, whereby we must be saved. That name is Jesus Christ!
Just ridiculous
Abc? 🙄
Population collapse.
Josh seems to be a bit of a schloe mo 😂
China collapsing propaganda is getting tiring. I wish my algorithm would quit showing me this garbage.
It's all going ..good luck though
Do the math, sir. If you’d spend 30 minutes beforehand to tighten-up your presentation, you’d save tens of thousands of viewers 10 minutes each from having to watch you organize yourself.
(especially on such a critical topic)
No need to worry about us in China, worry of your own. Decades of China bust theory never proven correct and yet we prosper
lol. Have you been to China ? It’s not collapsing
CNBC seriously...you even look at CNBC??