China is Doing Way Worse Than I Thought

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  • Опубліковано 21 чер 2024
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    I honestly watch so much Chinese propaganda that sometimes I think I start to believe it. Well, in research for this video, I had a very sobering wake up call.
    ◘ Support me on Patreon to talk to me directly and support my work - / laowhy86
    ◘ Weekly Live show The China Show - / @thechinashow
    My documentaries -
    ◘ Conquering Northern China:
    vimeo.com/ondemand/conquering...
    ◘ Conquering Southern China
    vimeo.com/ondemand/conquering...
    Some sources -
    www.wsj.com/livecoverage/stoc...
    www.wsj.com/finance/stocks/in...
    financialpost.com/financial-t...
    asia.nikkei.com/Economy/Forei....
    www.bloomberg.com/news/articl...
    www.bloomberg.com/news/articl...
    www.pewresearch.org/global/20....
    www.politico.eu/newsletter/ch....
    www.rfa.org/english/news/chin....
    China salary stats - tinyurl.com/hbk34c7p
    *FAIR USE*
    Copyright Disclaimer under section 107 of the Copyright Act 1976, allowance is made for “fair use” for purposes such as criticism, comment, news reporting, teaching, scholarship, education and research.

КОМЕНТАРІ • 3 тис.

  • @laowhy86
    @laowhy86  Місяць тому +121

    ◘ Secure your privacy with Surfshark! Enter coupon code laowhy86 for an extra 4 months at Surfshark.deals/laowhy86
    ◘ Weekly Live show The China Show - www.youtube.com/@TheChinaShow

    • @Steamrick
      @Steamrick Місяць тому +5

      @laowhy86 why are you so certain they're accidentally sending you propaganda trip invites?
      As opposed to trying to lure you into the country so they can arrest you on trumped up charges?

    • @leighz1962
      @leighz1962 Місяць тому

      Any persistent food scarcity issues bottoming out? One of the biggest concerns for india/China is preventing starvation and food riots.

    • @belligerentinstigator944
      @belligerentinstigator944 Місяць тому +2

      I didn't know average salary in China was $9000 a year. Also, the USD is used in most transactions. Ditching the dollar is on some country's radar, but even if it is happening, it won't be for decades. Great video!

    • @DJVARAO
      @DJVARAO Місяць тому +5

      Happy 1M 😁

    • @luluapple1067
      @luluapple1067 Місяць тому +2

      Did you wife leave you?

  • @JessicaKeith-uj1jq
    @JessicaKeith-uj1jq Місяць тому +6568

    The cost of living seems to be increasing every year, making it harder to keep up.

    • @ScottLarrry
      @ScottLarrry Місяць тому +12

      Indeed , it's becoming quite challenging to manage expenses.

    • @EricaWaters-lr6zw
      @EricaWaters-lr6zw Місяць тому +5

      I've actually managed to stay ahead of the curve. I'm even contemplating early retirement.

    • @OliverLiam-px3vx
      @OliverLiam-px3vx Місяць тому +5

      @@EricaWaters-lr6zw Impressive! How did you achieve that?

    • @EricaWaters-lr6zw
      @EricaWaters-lr6zw Місяць тому +4

      @@OliverLiam-px3vx Our family got introduced to a financial consultant”DESIREE RUTH HOFFMAN .” about four years before my dad retired. That was what changed things, and I think my retirement income will be on the right track, luxury cars and trips

    • @WhitneyRoss-dj4rf
      @WhitneyRoss-dj4rf Місяць тому +4

      Absolutely, DESIREE RUTH HOFFMAN has a knack for analyzing market trends and helping clients make informed decisions.

  • @misterbig9025.
    @misterbig9025. Місяць тому +1832

    Remember Chinese Dictator Mao? Here's what he did:
    - He renounced ancient chinese culture, including Confucius and Buddhism, which value kindness and tolerance.
    - He eliminated all intellectuals, land owners and rich and famous people.
    - He demanded the youths to condemn their parents and neighbors publicly, usually in front of a crowd.
    - What he had left were uneducated laborers, poor peasants and mean youths. *Those are the ancestors of the current mainland chinese today*

    • @JohnJaneson
      @JohnJaneson Місяць тому +80

      Mao could not speak Mandarin.

    • @gerrekurquidez3044
      @gerrekurquidez3044 Місяць тому

      Cultural revolution did kill hundreds of thousands, and traumatizing many for generations to come, but it failed to even kill the three olds it sought to destroy. So note, it was brutal and unjustified, but ultimatly failed its original purpose BIG TIME. Mao and his wife were embarrassed by it ever since(including the fact Mao never really had power in most of his "career"). He was a vile fuck up, as was his wife and their lackey. Yet he's still worshipped(something like Stockholm syndrome, but if it took fentynel and injected cocaine into itself).

    • @mathieulevasseur4082
      @mathieulevasseur4082 Місяць тому +129

      Xi was inspired by Mao even though he is indirectly responsible for the death of his sister.

    • @gerrekurquidez3044
      @gerrekurquidez3044 Місяць тому +9

      ​@@stevenscummy1458You still can, you just have to do deep digging and traveling(as well as having the right connections and people).

    • @gerrekurquidez3044
      @gerrekurquidez3044 Місяць тому

      @@mathieulevasseur4082 Xi is a joke too(just a hair more competent than Mao and his wife combined, but still an assclown). It's why I call him" Xinnie The Poo-ping".

  • @SupremeGreatGrandmaster
    @SupremeGreatGrandmaster Місяць тому +35

    "Americans are NOT jumping the fence in Burma to get into China!"
    LOL 😄

  • @Plan-C
    @Plan-C Місяць тому +76

    Crap leaders dont care how far their country falls as long as they can 'rule' over the rubble and filth. Kind of people that I always try to avoid in my life tbh.

    • @williamearnshaw410
      @williamearnshaw410 18 днів тому

      Exactly..
      Ergo... Turkey....

    • @Of_infinite_Faith
      @Of_infinite_Faith 16 днів тому

      Iran's supreme leader and the Basin are exactly the same. They stated that before giving up their power they would turn the nation into a wasteland

    • @arthorling6194
      @arthorling6194 11 днів тому

      So that is how China made it from the bottom to No.2 economy. So smart you guys are LMAO!

    • @nobiden3134
      @nobiden3134 11 днів тому

      @@arthorling6194 who is the ONLY fat guy in china?

    • @AIDS_survivor
      @AIDS_survivor 7 днів тому

      @@arthorling6194Says the guy making $9k/year lmao. How’s that economy built on pollution and adverse hellscape working out for the average citizen?

  • @BlazingShackles
    @BlazingShackles Місяць тому +995

    China veteran here, 2004-2014. I used to tell people how this carnival ride was not gonna last for ever. They laughed and told me I didnt understand China. Turns out I did.

    • @BungleTheGooner
      @BungleTheGooner Місяць тому +79

      2003-2018 here. Turns out you did.

    • @TheGrace020
      @TheGrace020 Місяць тому +55

      YOU GOTTA UNDERSTAND CHINA 😼 And you did.

    • @CeeTee-12345
      @CeeTee-12345 Місяць тому

      We could all see this was going to crash. Most country's adopting Leftist policies want to join China in the collapse. Look at the US, it's a 3rd world country now..

    • @classicjonesy
      @classicjonesy Місяць тому +57

      As someone from New Zealand... I think Chinese people deserve better than this, nobody deserves to live in poverty 😢

    • @greenmarin3
      @greenmarin3 Місяць тому +38

      Yep. Left around Covid. Writing was on the wall.

  • @simoncrooke1644
    @simoncrooke1644 Місяць тому +480

    There are Roman concrete and brick structures still standing after 2,000 years. Those Chinese apartments look like they'll be lucky to make it to next week.

    • @jjmsf
      @jjmsf Місяць тому +38

      shein apartment

    • @CaffeineGeek
      @CaffeineGeek Місяць тому +18

      On the bright side, there will be plenty of food! Anyone have a good recipe for tofu dreg?

    • @dholzric1
      @dholzric1 Місяць тому +30

      @@CaffeineGeek Unfortunately, it will be cooked in sewer oil.

    • @user-mc2oc6jw9q
      @user-mc2oc6jw9q Місяць тому +1

      hahaa, so true!! "chinese knock-off"

    • @javastream5015
      @javastream5015 Місяць тому

      1/2 crap what you say! Western concrete has the same problem. The Roman concrete had some specific volcanic ash inside to make in very enduring.

  • @yayhandles
    @yayhandles Місяць тому +136

    Barely 3 days after this video was uploaded, a Japanese mother and child were stabbed at a Japanese school bus stop in China.

    • @sarahchan5604
      @sarahchan5604 Місяць тому +29

      A Chinese woman defending the Japanese was severely injured,the Japanese mother and son were lightly injured,the criminal is jobless,came from other community,not local there

    • @mikes.2471
      @mikes.2471 Місяць тому +14

      @@jojokong3128 There's good and bad people everywhere...Lao is merely showing the worst parts of Cn, no different than other ytubers showing that their economy is doing just fine.

    • @jojokong3128
      @jojokong3128 Місяць тому

      @@mikes.2471 是的。尤其是掌控世界话语权的g7主流媒体。但是我说我们都习惯这样被宣传了你相信吗?😂

    • @sujiawu7364
      @sujiawu7364 Місяць тому

      You mean the Japanese mother and child were saved by a Chinese woman who finally died of protecting them?😂😂 A perfect China-hate post.😂😂

    • @izee6036
      @izee6036 Місяць тому

      You are a liar

  • @user-yg5im8nr3x
    @user-yg5im8nr3x Місяць тому +9

    I live in Europe and everybody is fond with America but we'll all still have America as a big brother than a Chinese or Russian... Freedom is the highest good you can get.

    • @comradeLucienne
      @comradeLucienne Місяць тому

      you should look into the snowden and assange leaks, they didn't just apply to america

    • @Lawrence-sk2os
      @Lawrence-sk2os День тому

      Thank you for the kind words. Yes, freedom is the best!

  • @LadyBits2023
    @LadyBits2023 Місяць тому +642

    ... I actually just got back from China after spending the last six months there and I don't even have words to express what a dystopian hell scape it has become... Everyone is absolutely terrified about losing the tiny tiny, and when I say tiny, I mean, razor, thin amount of financial freedom and success that they have managed to scrape from the jaws of poverty, and everyone around them is losing their ass In the housing market collapse the jobs market has completely collapsed. Tourism is literally nonexistent street that used to be high end luxury boutiques, and it is literally just stray dogs, homeless people and grabs grab Hags

    • @LadyBits2023
      @LadyBits2023 Місяць тому

      ... oh, and just to be clear, the reason I was in China was that I was doing humanitarian work because people there are so malnourished and have so many vitamin deficiencies that their teeth are all falling out. They have no access to dentist and we were trying to prevent fatal infections in their mouths in children. ... That's why I was in China to do outreach because it's a trash dump

    • @angelachouinard4581
      @angelachouinard4581 Місяць тому +76

      Glad you got out. Literally millions cannot. At this level it's a true tragedy.

    • @santisanti8386
      @santisanti8386 Місяць тому +19

      Where have you lived, what city?

    • @WhatWillYouFind
      @WhatWillYouFind Місяць тому +58

      I live just across the border in Vietnam. The tension and uncertainty was palpable the last few years. Even now it is worrisome, but hope has regained footing as tourism and investments came back. I worry for my neighbors, as evil and vile a businessmen they are to their neighbors "I have stories from Cambodia that are gut churning" . . . no one deserves undue suffering. People just want to live.

    • @eldorama
      @eldorama Місяць тому +40

      I visited China a decade ago. It was a booming “new kid on the block.” Granted, almost every Chinese citizen I met was a government informant. But I can’t imagine how bad it’s sunk by this point.

  • @matheussanthiago9685
    @matheussanthiago9685 27 днів тому +7

    "I have more in common with the random Chinese citizen seeding torrents of some obscure 80's b-movie than I'll ever have with the local government"

  • @kyrgyzstanification
    @kyrgyzstanification Місяць тому +69

    I lived in France, and will again soon, and I remember my French friends saying that by 2020 (this was in 2001 after 9/11), China's economy would overtake our US economy. I said, "Hey, French friends, their economy is so inextricably linked to ours that if we fail, they will fail way bigger." And if they DO overtake our economy, it'll be because we allowed them to do so. Remember, during the Korean War, when the US abandoned trucks and tanks, etc., the Chinese soldiers didn't know how to operate them! A country of peasants it was and will be until they allow a truly free market economy to be law of the land. All the gloss and sheen of modernity but lacking in the guts that hold it all together--Capitalism.

    • @wynterwei9628
      @wynterwei9628 Місяць тому +3

      People like you who posted such comments voted for the leaders of the country, so imagine what will become of the governance of this country 😅

    • @karry299
      @karry299 Місяць тому

      LOL, show me a nation that has a "truly free market economy". All the Western nations are extremely protectionist.

    • @theterminators6512
      @theterminators6512 29 днів тому +4

      ​@@wynterwei9628 Where are they wrong?

    • @vapeurdepisse
      @vapeurdepisse 26 днів тому

      Everyone was saying it even in the US. Covid changed everything and it’s poetic justice when you see where it came from

  • @abcdef27669
    @abcdef27669 Місяць тому +459

    Three things I know about authoritarian regimes:
    1-They will deny the problem to be addressed, as long as they can.
    2-If they admit the problem is real, it is because they can't hide anymore.
    3-Democracies can take the same action towards immediate problems.

    • @josepablolunasanchez1283
      @josepablolunasanchez1283 Місяць тому +23

      So San Francisco belongs to an authoritarian regime?
      Human waste in the streets is not even present in poor countries like India.
      Or did I misread what you said?
      I remember Elon Musk saying "we coup whoever we want" so democracy is not spread, but authoritarianism.
      If you come to me saying that China is bad, at least lead by example. My childhood lacked Christmas gifts because my third world country allied of USA did not want to obey IMF with reforms that brought skinny children in Somalia. And USA imposed sanctions on my country that caused hyperinflation. No wonder why Kissinger said that being a friend of USA was fatal.

    • @Kaesemesser0815
      @Kaesemesser0815 Місяць тому +43

      Also: The authoritarian regime will try to turn the attention away from their failure and point out bad things that happen in democracies.

    • @MK_ULTRA420
      @MK_ULTRA420 Місяць тому +30

      @@josepablolunasanchez1283 You're right, your childhood needed more junk food and cheap toys that break within a week. That would have fixed your life.

    • @GoatDust
      @GoatDust Місяць тому +38

      @@josepablolunasanchez1283lol your worst examples of America are results of leftist policy.

    • @oliverurbanik9647
      @oliverurbanik9647 Місяць тому +5

      Same as germany right now. We aren't living in a democracy scinse 1933

  • @conqc20
    @conqc20 Місяць тому +412

    For a country that imports most of its food, especially from the USA, you would think China would be very careful how they acted on the world stage.

    • @calittlegarden-3311
      @calittlegarden-3311 Місяць тому

      Interested, CCP thinks they can ruling the world

    • @JohnJaneson
      @JohnJaneson Місяць тому +49

      Because they (most officials and most citizens) genuinely don't know that they import most of their food from the US.
      The reason is because they grow their food domestically but the large majority of their food precusors (livestock feed and fertilizers) are imported.

    • @diedampfbrasse98
      @diedampfbrasse98 Місяць тому +61

      the CCP isnt and wont be hungry, its the chinese people ... that difference matters. With people too scared to oppose a failing government its easy to disregard the needs of the masses. Just look to North Korea and how long that dictatorship is going, hunger/poverty among the masses isnt an obstacle for dictators.

    • @fyrchmyrddin1937
      @fyrchmyrddin1937 Місяць тому

      They have most of the West thoroughly "buffalo'ed" and all but own the current American President. It may be hubris, but they're pretty confident that they can prevent American "decoupling" unless Trump gets back into office (and probably even then).

    • @apocain
      @apocain Місяць тому +7

      Isn't that normal? China exports industrial goods to the United States, and the United States exports agricultural products to China

  • @markdignam3525
    @markdignam3525 Місяць тому +177

    Folks
    My wife's family and many of her old friends are still in China, the smarter ones left 30 or so years ago despite that period being the start of a growth period.
    She goes back every few years and has noted a significant change not just in economic activity, but in the mood of the people.
    The broad perspective is that the good days are over.
    They are now talking about the "good old days" which started heading south some time before Covid and was obviously exacerbated by that disease.
    However, it is not the case that Covid caused it - it was starting to happen well before that.
    Living in SE Asia, I hear every day Chinese officials whining about everyone else interfering in their activity, but they take it for granted than they can interfere with the activity of other nations, and importantly, control every situation. They do exactly the same in business transactions. Even when Chinese businesses and/or govt agencies are a minority player in any deal, they typically assume that others will simply do what they want without any negotiation or objection. When others disagree, they simply respond with anger and bullying.
    We have seen a return to the Mao era anti-west rhetoric and isolationist ideology BUT this time, they simply expect the rest of the world to put up with it.

    • @arthorling6194
      @arthorling6194 11 днів тому +1

      And how do you think China cares about this stitched up piece of Freedom Of Misinformation? Of course they do not care. Their economy is No.2 in The World and they have been collapsing since 1990's Gordan Chang book lol. Only that they have only been collapsing upwards.

    • @granudisimo
      @granudisimo 11 днів тому

      @@arthorling6194 You're talking with morons who see a video of Chinese people sucking on sauce soaked stones, and think the country is dying of starvation while ignoring it's a centuries old recipe, a recipe inspired, if I remember correctly, by an old tale of a fisherman who got creative when he ran out of beans but had all the other ingredients for a bean stew.
      Sinophobia and Islamophobia are the new politically accepted forms of racism.

  • @spacelemur7955
    @spacelemur7955 Місяць тому +15

    "You can fool some of the people all of the time, and all of the people some of the time, but you can not fool all of the people all of the time."
    Abraham Lincoln

    • @ElAnciano767
      @ElAnciano767 4 дні тому

      "You shouldn't believe any of the quotes you hear on the Internet." - Benjamin Franklin

  • @halhortonsworld5870
    @halhortonsworld5870 Місяць тому +461

    My fiancé is Chinese. She wants us to travel to China to visit her family. I am terrified. I used to live in Taiwan, so I am fine with getting along in a foreign land, but TBH, I am far more afraid of traveling to China than I was when I went to Afghanistan.

    • @pablosskates7067
      @pablosskates7067 Місяць тому +85

      The chances of you getting hurt are slim. It would be more passive aggressive shit and excessive government checking and so forth. So while I don’t think you’ll get hurt, expect a pretty shitty time.

    • @dolomaticus1180
      @dolomaticus1180 Місяць тому +35

      Though if you know what is going on, I think going at this time is asking for a roll of the dice.

    • @WhatWillYouFind
      @WhatWillYouFind Місяць тому +111

      Any chinese person who decides to go to china is risking the most likely outcome of their passport being permanently revoked and them never being allowed to legally leave the country again. This is the worst time to go back.
      I would be too, my wife is Viet and she was allowed to leave for christmas but I know it would've been denied had she been a few KM farther on the map.

    • @kevinbyrne4538
      @kevinbyrne4538 Місяць тому +1

      You and your wife arrive in China. 3 days later, some idiot in the Chinese navy opens fire on a Philippine naval vessel in the Spratly Islands; World War 3 erupts -- and you and your wife are trapped in China for the duration of the war. And of course you are confined in a prison camp as a foreign spy.

    • @serpentinious7745
      @serpentinious7745 Місяць тому +48

      Beware the gutter oil

  • @frankgrima
    @frankgrima Місяць тому +174

    I stopped buying products made in China, it's one of the first questions I asked when buying something online.

    • @JohnJaneson
      @JohnJaneson Місяць тому +5

      Good for you.

    • @mfallen2023
      @mfallen2023 Місяць тому +13

      There's almost always an alternative made in India, Indonesia, Taiwan, Mexico, and sometimes even US. I obviously buy US when I can, then it's a toss-up between India and Taiwan. I like both and don't mind supporting either. Mexico's getting a little too far down the line towards extreme leftism and they keep allowing people to stream across our border so I only buy Mexico when the only other choice is Chinese. I try to find used products before buying Chinese, lol. No sense in giving your enemy money

    • @apocain
      @apocain Місяць тому +2

      @@mfallen2023 but..India, Mexico and Indonesia have seen their annual imports from China increase significantly.

    • @stevewashere4122
      @stevewashere4122 Місяць тому +2

      my fishing rods used to be made in South Korea. Now it's China, has been for years. Fishing reels too are often from China too.

    • @KevinPhillips_kw
      @KevinPhillips_kw Місяць тому +2

      @@apocain No they haven't, wu mao.

  • @billpetersen298
    @billpetersen298 Місяць тому +84

    My Chinese wife and I. We’re just visiting Montreal, and Quebec City. She marvelled at all the beautiful old stone buildings-churches, the arts, and culture.
    It made me mad, to think of how the communists, have gutted Chinese culture. While still doing it, in their occupied territories today.

    • @MrTynanDraper
      @MrTynanDraper Місяць тому

      @@HoldenHizcock-em5br You are fooled by rebuilt temples that are maybe 40 years old at most.

    • @Carol-zd8sc
      @Carol-zd8sc Місяць тому +6

      Garbage man, first of all you have to know that we not only respect our civilization very much, we all respect our civilization very much, there are often rich people in the auction to buy Chinese cultural relics, and then free return to the Chinese museum, secondly, we are also happy to contribute to the civilization of others, you can read a news article, June 16, 788 precious cultural relics from Egypt have arrived in Shanghai, where they will be displayed at the Shanghai Museum's "Top of the Pyramid: Ancient Egyptian Civilization Exhibition" in July.

    • @billpetersen298
      @billpetersen298 Місяць тому +8

      @@Carol-zd8sc Yes, embrace your culture. Sweep together the broken pieces. Be proud of your history, like Taiwan, be peaceful, be grounded again.
      Did Mao 2.0, just change the names of 300 towns in Xinjiang, to Chinese names? Shame on them.

    • @arindamsaha735
      @arindamsaha735 Місяць тому

      ​@billpetersen298 shame on u stupid😅

    • @QianyiLi-bi7jl
      @QianyiLi-bi7jl Місяць тому +1

      Have you ever heard of “the Cultural Revolution”?

  • @germanBlacktiger
    @germanBlacktiger 18 днів тому +2

    Congrats! 1.000.000 Subscribers!!! I have been following your and serpentza's channels for years. Continue the good work! 😀

  • @caleb88k
    @caleb88k Місяць тому +132

    its sad, cause it doesnt have to be like this.

    • @serpentinious7745
      @serpentinious7745 Місяць тому

      Under communism, this is the only way it can be.

    • @ravenstone366
      @ravenstone366 Місяць тому +3

      Yes their are better ways for all countries to be able to feed their people a new way going foward. Things need overhaul on everything, a better way for Human Species to get over this decline. It's going to take New ideas, open Discussions, out of the box thinking. So many seem stuck in that Cold War MENTALITY that they've been snuffing out Creative New Ideas, Inventions, theirs ways to get back to Taking Care of all, if them in charge could just step back and see the Whole Picture of truly what's happening World Around to Our Species!! One Species we are!!

    • @AK-cr5pe
      @AK-cr5pe Місяць тому

      Imagine what a powerhouse China would be if it didn't have the CCP strangehold on it. No more aggression and pissing off all of its neighbors. No indoctrinating kids from a young age that America is bad and evil. No "decoupling" and trade wars. No paying people to be "patriotic" in western countries. No police stations kidnapping people back to China. I'm hopeful the Chinese will wake up and it's unfortunate but perhaps a major economic crisis will be the catalyst.

    • @Nrustica
      @Nrustica Місяць тому

      What? the u.s. state dept putting out these propaganda videos?

    • @JohnJaneson
      @JohnJaneson Місяць тому

      I disagree. Marxism has to end like this. It is the only eventuality of Marxism.

  • @JustAboutTime
    @JustAboutTime Місяць тому +5

    As we’ve learned from Disney … things can ALWAYS get worse.

  • @yuang6936
    @yuang6936 22 дні тому +3

    Welcome to San Francisco and Oakland CA

  • @P.B...
    @P.B... Місяць тому +142

    Pork demand is a good proxy that reflects the state of the Chinese economy. And that too was much lower than usual even during the lunar new year where its usually at its highest.

    • @crazydrifter13
      @crazydrifter13 Місяць тому +2

      Can you drop some numbers?

    • @CeeTee-12345
      @CeeTee-12345 Місяць тому +12

      In the US, Pork is at the bottom of the barrel in the meat category. Far cheaper than Chicken. Meanwhile in China, you're lucky to get real food. Even cooking oil is unaffordable..

    • @user-fn1of2jz5c
      @user-fn1of2jz5c Місяць тому

      @@CeeTee-12345 中国猪肉比鸡肉贵

    • @ivvan497
      @ivvan497 Місяць тому +2

      @@CeeTee-12345 pork is great tho, especially lean cuts

    • @alxp-zd1zj
      @alxp-zd1zj Місяць тому +1

      Last time I seen Chinese prices was on the china show few years ago and pork had risen to 2 dollar per kg. Here in Europe those same cuts are 2.80 dollar per kg. I saw in video noodles have risen in China to 49 c. Here they are the same. What do you mean with cheaper? Give us a price man, or a link to video with prices.

  • @theronsokol8078
    @theronsokol8078 Місяць тому +72

    Scary... where is the world headed... dont forget guys. We are extremely lucky to be where we are. In our comfy homes watching youtube videos from laowhy. Safety and good health to all.

    • @rg5312
      @rg5312 Місяць тому +3

      We won't last long though. Nobody seems to understand, appreciate, or care about the amount of sacrifice and hard work our ancestors put into reaching this point. People feel entitled to have things they can't even comprehend the complexity of, all while not contributing at all. We are putting all of our stock in AI saving us, but the truth is that AI was always meant to replace us.

    • @jetd9716
      @jetd9716 Місяць тому

      Don't feel too comfy, look at our housing prices, food prices and our govt deficit. What we are at a trillion mark now. Holy crap Mr. Biden stop spending so much on Ukraine. Won't surprise me if the banks downgrades the US govt credit score. Then we better find another place to live bcuz the fan gonna hit that roof.

    • @theronsokol8078
      @theronsokol8078 Місяць тому +1

      @rg5312 if you truly understand that there's no need for fear. It's all apart of the plan. It is sad we humans aren't more abundantly aware of how complex our existence is though. All the time and effort that's been put into the extent we have things developed. We really are on the cusp of space travel is how it seems on an evolutionary scale. But I think everyone has to become more aware of this kind of topic for us to hit spacetravel. Idk though of course who does I'm just spitballing of course.

    • @jodyrbailey8462
      @jodyrbailey8462 Місяць тому

      No you didn't. All the parts and pre assembly were done in China. Then shipped to Mexico, or Vietnam to be put in boxes with phoney "Made in ..." labels. Disprove me.

    • @comradeLucienne
      @comradeLucienne Місяць тому

      yeah, my family can't even afford heat but sure, we're doing great

  • @dennisweidner288
    @dennisweidner288 Місяць тому +5

    Excellent report. One matter worth mentioning is the huge debt now owed by Chinese provincial governments. It appears to total some $10 trillion and is growing. The state governments can not even afford to maintain interest payments. So not only is the Chinese real estate market collapsing, but the bond market may be in for a huge decline this year as maturities come due. The Shangai stock market after huge declines has stabilized, but this is probably because of massive state intervention. We shall see how that works out. The Yuan exchange rate is relatively stable, but that also probably reflects state intervention.

  • @91dgross
    @91dgross Місяць тому +3

    ive been a subscriber since you had like 40 k subscribers. nice to see you are moving on up. keep up the good work

    • @V3racious3
      @V3racious3 9 днів тому

      C-milk hipster en la casa!!

  • @serpentinious7745
    @serpentinious7745 Місяць тому +350

    "The problem with communism is you always run out of other people's money." - Margaret Thatcher
    Edit: added origin of quote

    • @Cryosxify
      @Cryosxify Місяць тому

      They aren't even communist. The problem with the CCP is they created a society centered around being assholes and scumbags.

    • @cosmancho2959
      @cosmancho2959 Місяць тому +7

      That sounds like a ponzi scheme.

    • @davepowder4020
      @davepowder4020 Місяць тому

      Except that Beijing's regime is "communist" in name only these days. It's totalitarianism while stealing a name that, on the surface, would be trying to provide essential means for the people. The CCP is certainly NOT trying to provide any essential means for the population. It's like in Russia. The unfortunate nation found the ONE way to be worse than the USSR, and the provider of that one worse government way, is trying to force that back on Ukraine and the rest of Eastern Europe.

    • @D.von.N
      @D.von.N Місяць тому +31

      China is communist only on the paper. People have to pay for their healthcare. Their properties cost their own money. You don't really have money in communism, neither private property, neither social classes. Communism was actually never really implemented on the national scale. It was always some form of totalitarianism, with one unchallenged ruler surrounded by yes people who benefited from their position incredibly, and the majority plebs. Almost like in the capitalism today, with middle class disappearing, the number of billionaires growing and hardly to find someone who doesn't have some form of debt.

    • @joedirt7553
      @joedirt7553 Місяць тому

      @@D.von.NChina was a communist country in the 1980’s. In the 1990’s they went on the other side of Marxism. They are a fascist state now.

  • @dogartoppenheimer
    @dogartoppenheimer Місяць тому +144

    9k per year? How do they afford the honey tax? Winnie the Pooh needs his sweet golden drizzle....

    • @michellebarnhill5130
      @michellebarnhill5130 Місяць тому

      Xi da Pooh has 700 billion dollars. That's his fortune after killing China economy, COVID lockdowns, and their homeless people have been forced to sleep under bridges and street side.

    • @user-mc2oc6jw9q
      @user-mc2oc6jw9q Місяць тому

      Xi pisses on himself for the golden drizzle (remember, china fake everything, even golden drizzle)

    • @RedMo46
      @RedMo46 Місяць тому +8

      Sounds more like R Kelly

    • @dogartoppenheimer
      @dogartoppenheimer Місяць тому +4

      @@RedMo46 hahahahaha

    • @RacerX888
      @RacerX888 Місяць тому +8

      that's actually a middle class salary for the cities. You can have an apartment, car and normal life with that much, but not too many luxuries. Problem is that its never going to get bigger because there are no pay raises, like many Asian countries.

  • @khukri_wielderxxx1962
    @khukri_wielderxxx1962 Місяць тому +151

    "Americans are not fleeing by the thousands to risk traveling over the border in Burma to get into China"
    Perfectly stated

    • @ronnelacido1711
      @ronnelacido1711 Місяць тому

      But, but, but John Cena did migrate and said he loves China. Gavin newsome might join him later.

    • @holboroman
      @holboroman Місяць тому

      @@ronnelacido1711Just two dumbums not thousands or should I say tens of thousands.

    • @user-mq4xp1gq3q
      @user-mq4xp1gq3q Місяць тому

      Criminal aliens invading the USA and not assimilating is exactly why the US is going to collapse and the "de-dollarization" is possible. Adopt the 3rd world, become the 3rd world.

    • @Ziiphyr
      @Ziiphyr Місяць тому +2

      @@ronnelacido1711Bing Chilling

    • @wuhaninstituteofvirology
      @wuhaninstituteofvirology Місяць тому

      the chinese migrants flooding into US are probably funded by CCP to infiltrate the US, why? because:
      -they're mostly military aged men
      -they're not poor
      -they don't travel the regular migrant route thru the dangerous parts of the darian gap, panama
      -they have their own transportation/camps/facilities (only for chinese people set up along the way
      -some of them fly straight to ecuador, then mexico, then illegally enter US border
      -US military bases inside US have increasingly been attacked by chinese men driving trucks into them, it's happened 1/2 a dozen times in last 6 months, but barely on the news (only on local news reports for the localities where it's happening)

  • @waynejmcgregor2106
    @waynejmcgregor2106 Місяць тому +5

    Congratulations on your 1 million subscribers You're about to get

    • @Billilv
      @Billilv 24 дні тому

      With more and more unhappy young man, they do need something to blame.

  • @lostinseganet
    @lostinseganet Місяць тому

    @11:22 ohhh so close to that play button. You do a good job. I'll make my contribution. I subbed.

  • @tktsasii
    @tktsasii Місяць тому +233

    i'm japanese. i just saw a prosperous china propaganda video on youtube. it's made by japanese-speaking chinese girls. they say their recent trip to china was wonderful and that they didn't see any economic stagnation in china 😅

    • @JohnJaneson
      @JohnJaneson Місяць тому

      Do Japanese people know how PRC citizens treat Japanese? Japan should stop doing trade with China. PRC won't even let Japanese scooters in. There is no profit that PRC will allow for Japan.

    • @vaeloreonari7516
      @vaeloreonari7516 Місяць тому +53

      Did they say how much they got paid to say that?

    • @jilbertb
      @jilbertb Місяць тому

      At least you realized it was propaganda! Americans see that and think it's real!

    • @user-xr7ye3ri4j
      @user-xr7ye3ri4j Місяць тому

      Japan needs to be more careful. The CCP’s cultural propaganda and infiltration operations are very powerful. They spend all the people’s tax dollars on these nonsense.
      Japan must not think about the behavior of the CCP and the Chinese people in a civilized way. No civilized country can be so naive.
      Taiwan bears the brunt every time, so we know very well the bad things the Chinese Communist Party is doing.

    • @user-xr7ye3ri4j
      @user-xr7ye3ri4j Місяць тому +44

      Japan must be more careful. The CCP has been conducting cultural propaganda and infiltration operations.
      This kind of infiltration operation is not simply a cultural exchange, but more about recognizing the legitimacy of the Chinese Communist government.
      Taiwan bears the brunt every time, so I feel very touched.
      Japan must not use civilized ideas to think about the thinking of the CCP and the Chinese people. Any civilized country should avoid this illusion.
      You cannot use normal, civilized people to think about what savages and bad people are thinking.
      You don't have to be a bad person to fight against bad people, but you must avoid your good intentions being taken advantage of, and be extra careful with these bad people, and scrutinize everything they say.

  • @edwardorgan358
    @edwardorgan358 Місяць тому +106

    I was in grad school when the first wave of students came to the US about the time of the Tin An Min massacre. They were decent, wonderful and relatively non-political. But, they did seem to have an amazingly deep superiority complex as if they were adults visiting a land of children. Yes, they were sophisticated in some ways ... but other than technical issues they seemed to think it was offensive that we could teach them anything. Some of them cooked up all kinds of ways to game the stock market and bond investment world. Of course they lost their shirts in this. Mr. Xi Jin Ping is of this generation and he too seems incapable of learning from the West. It is not hard to imagine him being offended by our lectures on Freedom of Speech and the Free Market economics. Well, here we are ... as the saying goes ..."By their fruit ye shall know them." ... Yep, the jury is coming in: messy mass Freedom works better than top down control.

    • @user-pu4us3ef5f
      @user-pu4us3ef5f Місяць тому +3

      It’s by their words shall we know them, just saying.😊

    • @yanwu1403
      @yanwu1403 Місяць тому

      same with ussr, syria. different is china choose right way

    • @davidmachemer1015
      @davidmachemer1015 Місяць тому

      There's also a lot of propaganda in China saying how smart Xi Jinping is. What does that tell you? The guy's an empty headed moron.

    • @bobjacobson858
      @bobjacobson858 Місяць тому +7

      I recall the first student from China at UGA. He asked a Taiwanese student "don't you want to be with us?" and the answer he received was "we don't like your system!"

    • @GizzyDillespee
      @GizzyDillespee Місяць тому

      The first students to come to the West were the government elite's brats... of course they felt superior to everyone. Even in the 1990s, it was only the rich kids. In the late 1980s and early 90s, I knew a few at UNC... and then towards the end of the decade, when I was out in Washington state, at the end of the school year, I used to dumpster dive where they lived. They would just throw away all of their stuff except for the very personal items (they'd buy again what they needed where they needed it). You'd find amazing stuff, but they were careless with it. The Japanese students were the best, though. They'd leave the good stuff next to the dumpster, neatly stacked. Someone had left their fish tank supplies, and had even bagged up the gravel (to male it easier in case the next person wanted to use a different color). They'd hung the oxford shirts on the lamp - they were still in the dry cleaner bag! The Chinese students didn't seem to think like that... they had a "new rich" kind of attitude in general, from what I saw. Perhaps the communist revolution really did sever their culture from its roots.

  • @navidpey194
    @navidpey194 Місяць тому +3

    When I started teaching in 2011, my salary was 7k and was more than enough, most recent job in 2018 i was getting 15k and I was barely getting by. Imagine inflation after COVID! It has to be super tough!

  • @erkhardtify
    @erkhardtify Місяць тому +3

    Idk if this is appropriate here but ive been subbed for some time now.
    Congrats on the 1mil brother! I just got back from China visiting inlaws, wife and kids return on the 27th. The shopping malls there we went were EMPTY. people simply were not shopping around. Maybe temu idk.

    • @arthorling6194
      @arthorling6194 11 днів тому

      So that is how China made it from the World bottom to No.2 economy. So smart you guys are LMAO! Why do you think your inlaws do not even think of leaving China? Did you know only China had growth once exiting Covid Pandemic status? Are you seriously falling for all these stitched up old clips of China lol

  • @michaelgothenburg364
    @michaelgothenburg364 Місяць тому +51

    They are certainly doing way worse when it comes to manners of the ones I saw on my last trip to Laos earlier this year. Guests in a country and throwing garbage everywhere. Shameful behaviour

    • @sallystribrny9693
      @sallystribrny9693 Місяць тому +14

      You have to remember that Mao purged educated people, traditional religion, land owners and other chinese people who would have passed on culture and manners. He left mean activists youth, peasants and laborers. Those are the people who raised mainland chinese people.
      It's not exactly a chinese thing so much as chinese culture being systemically purged. Many asian cultures are exquisitely polite and well mannered.

    • @johnteets2921
      @johnteets2921 Місяць тому

      It makes me sick how the proponents of "our" dofuss regime flood the internet with propaganda trying to convince us that : A. other coubties are worse. B. Other countries are an immanent threat. There is no Mr. Cornpop, and the swamp does not, and never will, do anything for us. Yew tewb plez censor this. Keep Black Rock happy.

    • @comradeLucienne
      @comradeLucienne Місяць тому

      @@sallystribrny9693 the racism is strong with this one

  • @p.d.stanhope7088
    @p.d.stanhope7088 Місяць тому +47

    Agreed. Also Japan's Lost Decade, their unemployment only peaked at 5.5%. But with China, the prices for the basics that have no rhyme and reason for their price fluctuations. The social calculus used in political economies it's called Dead Weight Loss. China's Dead Weight Loss which originates solely through Beijing keep rising every single day. The imposed limitations of house holds within China are saving & paying debts all the while the "private" sector is firing employees or going bust. The ever rising of unemployment means they cannot save or pay in the future. That is the ongoing collapse of the nation's monetary policy by way of their central bank which is controlled by the Beijing govt. The solutions? Well, you have local provincial debt that is astronomical which eliminates any sound fiscal policy (govt.stimulus) during an actual recession/depression. They were doing mass public works during the "good times" as propaganda during the so-called "Miracle Economy." Since the yuan isn't part of the international exchange and its value comes solely from the Central Govt. any stimulus is meaningless during an economic depression/recession. The CCP of Beijing is propping up certain companies (BYD) and using export dumping of their products overseas which is causing nations to implement tariffs & re-shore as a response. This is a classic death spiral of a nation.

    • @user-pu4us3ef5f
      @user-pu4us3ef5f Місяць тому +2

      Yeah I’ll go for that.

    • @mirceazaharia2094
      @mirceazaharia2094 Місяць тому

      They'll go to war soon, while they're still able to. While they still have a big enough manpower advantage.
      Watch out for any rumours of massive hoarding of resources, loans, building up stockpiles of weapons and military readiness drills.
      They'll go for Taiwan, might even drag North Korea into it, for extra manpower and firepower.
      It's now or never for them.

  • @UNITEAGAINSTWOKENESS
    @UNITEAGAINSTWOKENESS 15 днів тому

    You absolutely deserve 1million plus subs brother. Thank you for giving an insight into what is happening with China. Your a breath of fresh air 👍👌

  • @FluffyTurtles
    @FluffyTurtles 26 днів тому

    Great info. Interesting to find out what is actually going on with the $. Thank you!

  • @TheRazorTS
    @TheRazorTS Місяць тому +82

    china's country wide average wage is bellow 3k USD a year, top tier cities 20k - 22k USD, can see how unequal wealth distribution is

    • @Sluchayniy
      @Sluchayniy Місяць тому +4

      The prices are also much lower, so it balances out no? People from top Chinese cities usually rely on that purchasing power in the discussions. Just asking

    • @hello855
      @hello855 Місяць тому +3

      @@Sluchayniy Life is still pretty unaffordable for most people in top tier cities. The ones who live comfortably are the minority, especially in the current economy where 1/3 of young people are unemployed. People without urban "hukou" status struggle a lot in the countryside. Their tiny plot of land doesn't even feed their own family. Many become migrant workers in big cities and live in deplorable conditions.

    • @JCSY1
      @JCSY1 Місяць тому

      The US people might earn more BUT they sure are much poorer as your living costs are extremely high and you get much less but pay much more for everything. It is what it is. The US and the west are surviving on using it's hegemony and double standards to intimidate and squeeze the world to fund their debts and expenses especially the US. When that stops, everything will fall down and break apart faster than ever and it is coming very soon.

    • @1dameister1
      @1dameister1 Місяць тому +1

      @@JCSY1 And how will China come out of all that as victorious?

    • @JCSY1
      @JCSY1 Місяць тому

      @@1dameister1 It is what it is. The truth will reveal as the day goes by.

  • @vt2851
    @vt2851 Місяць тому +88

    I was in China for few weeks recently from 5/2024 to 6 /2024 .
    And base in Shanghai. I can't believe Shanghai is going down .shopping mall, no peoples .more salesman than coustmer.
    Shops are close .
    Most malls have no people's
    Outside Shanghai at the tourist sport have only few people's..its scary ...just woder so call 14 B population...what happen to all this people's?
    Some areas building are totally empty town .
    Can't see any faces from the European or American .
    In Shanghai, we see many properties agency handing area the high-end property area ask it we are interested to buy .. .It's sad .

    • @user-qr6me9hk6y
      @user-qr6me9hk6y Місяць тому +21

      What part of Shanghai were you in? I was there a month ago and it was thriving, I saw one shopping mall with not many people but Nanjing square is constantly busy. Also I saw plenty of Europeans, mainly from Italy.

    • @user-us6pu4zr2m
      @user-us6pu4zr2m Місяць тому +13

      他是美国宣传的机器人😂

    • @c1d2e
      @c1d2e Місяць тому +6

      @@user-us6pu4zr2m
      Doubt it, he can barely write in English, maybe from somewhere else.

    • @cloudwithwind574
      @cloudwithwind574 Місяць тому +2

      You can only deceive fools with such lies!

    • @user-ui2ox4ux3z
      @user-ui2ox4ux3z Місяць тому

      I think this presentater is the mouth piece of US propaganda. Shame on you for such deliberate smearing of China. Remember China growth last year is twice as that of the US. Make a report on the homeless of Los Angeles and Sanfrancisco rather. Shame on you .

  • @JustinLewis7326
    @JustinLewis7326 Місяць тому +1

    Congrats on the 1M. I subbed last night.

  • @TheBigWinsEpisodes
    @TheBigWinsEpisodes Місяць тому

    I just subscribed for you three times. Good luck buddy!

  • @rpoutine3271
    @rpoutine3271 Місяць тому +21

    So much concrete wasted in the property bubble, it hurts to watch.

    • @morstyrannis1951
      @morstyrannis1951 Місяць тому +11

      If you look closely you’ll see they used far too little concrete!

    • @mfallen2023
      @mfallen2023 Місяць тому +9

      It seems to just be river sand for the most part. I don't think they're adding anywhere near enough lime and aggregate. Still, a waste of sand...

    • @rpoutine3271
      @rpoutine3271 Місяць тому

      @@mfallen2023 Perhaps, I am not knowledgeable about that. As far as I am awared of norms there is supposed to be a good deal of concrete.

    • @comradeLucienne
      @comradeLucienne Місяць тому

      are you fucking mental? you see them building houses and go "oh that's horrible". ask any western young person and they will beg the western governments to build houses at even one-eighth the speed that china is.

  • @blafonovision4342
    @blafonovision4342 Місяць тому +24

    But the CCP says the standard of living in the PRC is just as good as the standard of living in the USA!

    • @mgray999
      @mgray999 Місяць тому

      Seems like it is from these clips

    • @ArariaKAgelessTraveller
      @ArariaKAgelessTraveller Місяць тому +1

      What standard living? Detroit?

    • @user-qr6me9hk6y
      @user-qr6me9hk6y Місяць тому +2

      No it’s much better

    • @SmokestackOG
      @SmokestackOG Місяць тому +1

      ​@ArariaKAgelessTraveller even thats better than china's best.

    • @blafonovision4342
      @blafonovision4342 Місяць тому +2

      @@ArariaKAgelessTraveller Interesting how the PRC doesn’t allow journalists to film outside the tier cities. I wonder why?

  • @michellewilliams9772
    @michellewilliams9772 26 днів тому

    Congrats on 1 mil subs! 🎉

  • @Kanoly
    @Kanoly 22 дні тому

    Gratz on 1 mil subs!

  • @chavezchavo
    @chavezchavo Місяць тому +54

    De-dollarization narrative has been spreading far and wide especially within South East Asian countries. But the biggest irony is that I have only met 1 person who actually bought RMB.

    • @manofsesame3024
      @manofsesame3024 Місяць тому

      Most people who believe in de-dollarization narrative would trade their USD into BTC or gold and silver. Only idiots would trade their USD to other currencies.

    • @user-mq4xp1gq3q
      @user-mq4xp1gq3q Місяць тому

      It's possible. The US has a corrupt half dead dementia corpse as a president that no one takes seriously on the world stage. BRICS is real, and Bitcoin would make a better world reserve currency since it can't be inflated into oblivion like the dollar is.

    • @alxp-zd1zj
      @alxp-zd1zj Місяць тому

      Who was that? That farao Ramses II shill that they keep talking about in the China show?

    • @mirceazaharia2094
      @mirceazaharia2094 Місяць тому +1

      I'd sooner buy Disney stock than People's Republic of China yuan. That, at least, might eventually increase in value a bit.

    • @bobjacobson858
      @bobjacobson858 Місяць тому +1

      I bought a small amount--just to fill a slot in my coin collection.

  • @yuricopperhooves
    @yuricopperhooves Місяць тому +22

    Yep, they got into the "find out" phase.

  • @Feralzen
    @Feralzen Місяць тому +16

    China's a textbook example why you don't want autocracy running things in your country.

  • @tonymaiorano2749
    @tonymaiorano2749 8 годин тому

    I went to Hong Kong in 1987, and I saw people living in fridge boxes.

  • @joistein
    @joistein Місяць тому +91

    I was surprised that Tesla invested som much in China, that is a gigantic risk.

    • @cathjj840
      @cathjj840 Місяць тому +39

      Widdle Elon isn't as smart as he makes out.

    • @JohnJaneson
      @JohnJaneson Місяць тому +35

      Elon Musk will regret his China involvement.

    • @blueyhis.zarsoff1147
      @blueyhis.zarsoff1147 Місяць тому +6

      It was a clever move as I believe it was locally financed and he could export to the rest of the world.
      Possibly the only foreign company that got money out of China?

    • @joistein
      @joistein Місяць тому

      @@blueyhis.zarsoff1147 and they could copy the tec in Tesla cars.

    • @tjjohnson-oj9or
      @tjjohnson-oj9or Місяць тому +3

      @@cathjj840 Another statement by an economic genius. How much do you make a year with that liberal arts degree you probably have?

  • @diegoyanesholtz212
    @diegoyanesholtz212 Місяць тому +9

    From someone from Brazil, and have a stagnant economy since the 1980s, I know how brutal the middle income trap can be and very few countries managed to escape it, countries like Taiwan, South Korea and some post communist eastern European countries where able to escape the middle income trap, but the country stays middle income, have low growth and cannot compete with low income countries and their cheap labor and can't compete with high income countries and their technological expertise. The country never developed from that point of middle income.

  • @ElAnciano767
    @ElAnciano767 4 дні тому

    Congrats on hitting 1M! You deserve it. Keep up the great vids.

  • @cutecuteoldold
    @cutecuteoldold 27 днів тому +3

    Pride comes before a downfall

  • @rumrunner8019
    @rumrunner8019 Місяць тому +118

    I have a neighbor who is from China, but left with his parents when he was a kid. He visited last year and he is now convinced that the CCP will collapse within our lifetime.
    People, even in China, can only be pushed so far. That, and even the PLA is broke, hungry, and angry.

    • @joannlarson6386
      @joannlarson6386 Місяць тому +15

      Heard the youth say they would not have children to be slaves. So they have a major population lose.

    • @inhodel
      @inhodel Місяць тому +5

      Do you even know what you are saying? He is not in the country all his life and just with a short visit he can conclude that the CCP will collapse? It's like a tourist visiting Russia and says "Yeap, Putin reign will soon be over" LOL, makes no sense dude.

    • @rumrunner8019
      @rumrunner8019 Місяць тому +16

      @@inhodel +10,000 to you social credit score
      And he has family still there and speaks the language and has been there multiple times. He would know.

    • @inhodel
      @inhodel Місяць тому +3

      @@rumrunner8019 the social credit score joke is running old. I am not even a mainland Chinese citizen, but still i am more capable of judging the country than most people here.

    • @rumrunner8019
      @rumrunner8019 Місяць тому +8

      @@inhodel "Running old"? It's "getting old." Ask your boss to give you better translation software.

  • @nobillismccaw7450
    @nobillismccaw7450 Місяць тому +68

    China has certainly done all it can to deter Australia from trusting China. From misreading Australia’s joviality as weakness , to breaking contracts, and imposing sanctions on Australian products over false claims of inferiority; China has given Australia incentive to trade elsewhere.
    Remember, Australia is the home of the literal black swans. Expect “a black swan event”.

    • @agalah408
      @agalah408 Місяць тому

      Agreed. Other countries are looking at Australia trading with China and saying 'Why are you doing that?' The reality is that Australia knows they are sinking and is trying to sell as much of our stuff to them as possible before they actually go bust.

    • @user-fo5zv4ld4z
      @user-fo5zv4ld4z Місяць тому +4

      lol China can take down australia in a heart beat. if they decide to stop trading with australia their economy will drop by 20%. thats how important china is to australia.

    • @jamesstone2808
      @jamesstone2808 Місяць тому

      The US corporation has certainly done all it can to deter Australia from trusting China. If you run a business, you'll know. If you're sitting at home, never ran a business and blaming foreigners for stealing your job because you're a lazy c bomb. You have no idea. According to the US overlords, Huawei is a security threat, yet, the US overlords are happy to have their Apple's in the same basket (made in China). What hypocrisy. China's really spying on you? What could you possibly offer them? Do you compare to their academia? Does FB spy - that's OK though. They need to know how you like to drive them franchised burgers in your trap.

    • @tomboushel2357
      @tomboushel2357 Місяць тому +2

      Australia can trade with any country in the world, not just China. Let's look at coal. China's coal is totally inferior to Australia's. AU's coal has far more BTU's per ton, and creates far less air pollution per ton; thus is exportable to almost any market in the world, the same goes for most products from Australia. From your Canadian friend.

    • @tomboushel2357
      @tomboushel2357 Місяць тому +3

      @@user-fo5zv4ld4z Australia can trade with any country in the world, not just China. Lets look at coal. China's coal is totally inferior to Australia's. AU's coal has far more BTU's per ton, and creates far less air pollution per ton; thus is exportable to almost any market in the world, the same goes for most Australian products. China is famous for Tofu products like millions of your apartment buildings.

  • @1SnuffySmith
    @1SnuffySmith Місяць тому

    Matt I noticed you're channeling that Crazy Eddie vibe during your solo videos. Your prices are INSANE!!!

  • @DEEYANASE
    @DEEYANASE Місяць тому +10

    Recently I saw a video that shows a little cute girl was working in a field with an infant on her back. The girl was smiling at the camera. That made me so sad 🥲 and at the same time it made me angry 😡 with CCP.

  • @Steamrick
    @Steamrick Місяць тому +63

    @laowhy86 why are you so certain they're accidentally sending you propaganda trip invites?
    As opposed to trying to lure you into the country so they can arrest you on trumped up charges?

    • @JohnJaneson
      @JohnJaneson Місяць тому +14

      I thought so too 😅

    • @dead-claudia
      @dead-claudia Місяць тому

      i can see both sides being realistic tbh
      on one hand high-level officials would almost certainly love to silence him permanently, but i also wouldn't put it past a low-level ccp agent to be dumb and lazy enough to just see him on a list of people with "china" in their video titles, search internal databases for his email, and reach out to him that way. keep in mind, the shortcut culture in china is the strongest inside the ccp.

    • @alanliuc
      @alanliuc Місяць тому

      Foolish Westerners are making up stories to amuse themselves. Smart Westerners are already looking for a new life in China

  • @SebastianLundh1988
    @SebastianLundh1988 Місяць тому +118

    As the population of China grows older, and as more of them retire, the pressure on the younger generation will increase, and the birth rate will go down even more. Imagine you and your parents taking care of *4* grandparents. Imagine the supply of goods and services going down more and more as the country loses millions of workers to retirement every year. Imagine the decreased productivity per capita as a result of the average worker getting older and older. Who's going to repair all collapsing buildings and infrastructure when workers are too old to be maximally productive?

    • @Alice_Fumo
      @Alice_Fumo Місяць тому +8

      Sounds like the AI elder-care market is gonna be HUGE!

    • @Angel-ei1ip
      @Angel-ei1ip Місяць тому +15

      @@Alice_Fumoeven AI needs maintenance.

    • @Alice_Fumo
      @Alice_Fumo Місяць тому +2

      @@Angel-ei1ip Sure, but ideally less than the elderly :)

    • @mfallen2023
      @mfallen2023 Місяць тому

      And on top of that Xitler is hell-bent on getting a million+ young men killed failing to take Taiwan.

    • @JohnJaneson
      @JohnJaneson Місяць тому +12

      Omg they were not repairing the collapsing structures *even when* they had enough young workers.

  • @erock.steady
    @erock.steady 22 дні тому

    gratz - you're over 1,000,000 subs. welp, woot!

  • @jasonpalacios1363
    @jasonpalacios1363 10 днів тому +1

    These are the reasons why I don't take seriously that China will take over Taiwan.

  • @cherubin7th
    @cherubin7th Місяць тому +101

    China is like a scammer who mocked you before you sent the money and then wonders why you didn't send the money.

    • @Zappy9518
      @Zappy9518 Місяць тому

      More like Western industries shipped out to China, made China what it is today all in the name of profit. They are laughing at us, and they are still raking in the money. Supporting wars in Europe, the extreme duplicity in how they dealt with covid. Flooding the West with fentanyl.
      Thank Western aggressive capitalism.
      Thank the Western Super Rich.

    • @xprience123
      @xprience123 Місяць тому

      how so

    • @user-fo5zv4ld4z
      @user-fo5zv4ld4z Місяць тому +2

      thats the US

  • @TaintedStaff
    @TaintedStaff Місяць тому +26

    The great famine is coming...

    • @Anomoomin
      @Anomoomin Місяць тому

      Here and there, yet ultimately it is coming to the whole world.
      God has had enough of our sinning and bowls are full.. like the Bible said that the Euphrates river will dry up and good is being called evil and evil good, we are living those days as we speak!

    • @ajm2360
      @ajm2360 Місяць тому

      More like the great famine part 2, housing bubble boogaloo

  • @KonjikiNoYami666
    @KonjikiNoYami666 16 днів тому

    Congratz to ur 1 milion🎉 im glad ur here

  • @user-nr1sz9kh5m
    @user-nr1sz9kh5m Місяць тому +6

    我很敬佩在英语国家还有你这样高的见识,看到快一百万的订阅我由衷的震惊。

  • @dj_paultuk7052
    @dj_paultuk7052 Місяць тому +5

    Also to add that many big global companies that rely on Manufacturing are pulling out of China and more often that not bringing Manufacture back to their homeland. I went to an Expo in London back in Feb and one of the key things was "Setting up Manufacturing processes within the UK", particularly Electronics.

  • @CM-ey7nq
    @CM-ey7nq Місяць тому +34

    Whenever I try to share one of your videos to FB I always get the pushback: Yeah, well, Europe and the US are collapsing too! It's not even comparable. This is truly scary, I don't want any economy to collapse, for the good of all of us.

    • @mfallen2023
      @mfallen2023 Місяць тому +23

      US and Europe are in recessions which can be managed. No one in the world is doing great at the moment, but the US and Europe aren't doing poorly. They're just not as good as they were 5 years ago.

    • @NM-qd3tm
      @NM-qd3tm Місяць тому +6

      @@mfallen2023 Exactly. ...and five years ago the whole world hadn't shut down yet and every government didn't start printing endless currency.

    • @brunoqnzbk7891
      @brunoqnzbk7891 Місяць тому

      Funny how the entire world is trying to get into the USA and Europe. China? Not so much.

    • @kkpenney444
      @kkpenney444 Місяць тому +3

      @@mfallen2023 The US is not in recession. Economy's fairly booming.

    • @Rill_1
      @Rill_1 Місяць тому +4

      ​@@kkpenney444 US economy is in a managed decline, with inflation strangling the life out of the population until there's nothing left to collapse when the fiat goes bust.
      The actual underlying economy is very strong though, the dollar is just a yoke at this point.

  • @WeidongLiu-nr4ih
    @WeidongLiu-nr4ih 7 днів тому +1

    我生活在中国一个二线城市,感谢你告诉了我一个真实的中国,不然我真的看不到这些🎉

  • @KayinGD
    @KayinGD Місяць тому

    Congrats on your Gold Play button! I helped nudge you over the line.

  • @adamwee382
    @adamwee382 Місяць тому +48

    This is actually worrisome. The CCP being an authoritarian dictatorship needs to maintain control at all costs. If civil unrest means going to war with Taiwan, they might be desperate enough to try it. Thats not going to end well, China can't afford to lose Military aged people. Even in the likely event that China's military underperforms, its still going to be a massive humanitarian crisis when 1.4 billion people begin to starve.
    I really hope that they're not that foolish to actually go through with it, but I never expected Russia to actually invade Ukraine either. So what do I know.

    • @hello855
      @hello855 Місяць тому +1

      Considering that Russia and Ukraine are in constant stalemate, China isn't too discouraged.

    • @PandaPanda-ud4ne
      @PandaPanda-ud4ne Місяць тому +3

      @@hello855 Its not a real constant stalemate. The situation is rather fluid.

    • @billpetersen298
      @billpetersen298 Місяць тому +1

      I think the main strategy, is political, elite capture, and lots of noise.

    • @luxeadawnlight5745
      @luxeadawnlight5745 Місяць тому

      War has always been the dumbest diplomacy tool, but to use it as an anti-rebellion tool, I can't imagine what their population will look like afterwards...

    • @johnteets2921
      @johnteets2921 Місяць тому +3

      @@hello855 It is not a stalemate. Ukraine is dead, it just won't fall down.

  • @lorisullivan327
    @lorisullivan327 Місяць тому +52

    So sad… isn’t that what happens when you give so much control to a government?

    • @JohnJaneson
      @JohnJaneson Місяць тому +3

      Marxism

    • @fyrchmyrddin1937
      @fyrchmyrddin1937 Місяць тому

      Why else do you imagine both American & European oligarchs insist the West needs to be more like China?

    • @Cryosxify
      @Cryosxify Місяць тому

      It's when you allow sociopaths to run a country instead of removing them. Same applies to the US, if you allow the Republicans or maga control the system starts collapsing. If they had removed the sociopaths you wouldn't have all this anti US, anti Japan, invade Taiwan anti social propaganda. You wouldn't have an annexed Tibetan, enslaved uighurs, or a hong kong that's lost itself. You'd have chill country like Taiwan

    • @cathjj840
      @cathjj840 Місяць тому +9

      Do you think that control was actually "given", or rather taken by force? Force that has only increased with the regime's entrenchment.

    • @matthewmosier8439
      @matthewmosier8439 Місяць тому

      It is the inevitable result of far-left government philosophy

  • @Tom_Emody
    @Tom_Emody Місяць тому

    I love your insight and raw data. …..Thanks as always….Tom

  • @jiminverness
    @jiminverness Місяць тому +5

    They're too interested in trying to convince you everything is ok, but not the slightest bit interested in actually making things ok.

    • @user-mq4xp1gq3q
      @user-mq4xp1gq3q Місяць тому +1

      Sounds like the behavior of most US politicians

  • @JimmyBoomBots
    @JimmyBoomBots Місяць тому +33

    I was going to date a Chinese girl but I saw too many red flags!!

    • @JohnJaneson
      @JohnJaneson Місяць тому +7

      Lol

    • @JohnJaneson
      @JohnJaneson Місяць тому

      Be careful with China. Their symbol is a giant red flag.

    • @daryldaryl913
      @daryldaryl913 Місяць тому +4

      Ah hahaha. Too many red flags. Funny.

    • @rishisaini5269
      @rishisaini5269 Місяць тому +2

      Was there a yellow symbol on them ????

    • @tallowturq
      @tallowturq Місяць тому +1

      A lucky escape!

  • @farmthestars3962
    @farmthestars3962 Місяць тому +13

    For anyone suffering , i hope you find peace.
    For anyone in pain, i hope you find relief.
    Life is hard.
    Try to find the beauty.
    I am poor with you, i am suffering with you, i am in pain like you, i will never give up, For my loved ones.

  • @Queltamas
    @Queltamas Місяць тому +3

    I like how Japan is the complete opposite and are very open in discussing their problems since Covid and otherwise extremely slow economic recovery.

    • @comradeLucienne
      @comradeLucienne Місяць тому

      after 30 years of low growth, stagnation and now a demographic crisis they don't bother trying to hide it

    • @karry299
      @karry299 Місяць тому

      You have to be the opposite when your nation is occupied by the foreign military. No choice but to do what your masters say.

  • @biddinge8898
    @biddinge8898 9 днів тому

    my mother came from hong kong. when the giant riots back in 2018 and 2019 happened we would watch it all, and we would cry a little. it was more like my mother just crying or sobbing, and me shedding a tear for my grandma and family. I don't even know them but I still feel sad for how expensive its all been inflated to, or how much of a puppet state it has become like the rest of the country.

  • @xevilman1
    @xevilman1 Місяць тому +54

    C-milk to 1M!

  • @sebholding
    @sebholding Місяць тому +6

    Those headlines describe an improvement of the situation in specific areas, it doesn't mean the overall situation is currenctly good. Great point about immigration though.

  • @Ciskokid1970
    @Ciskokid1970 Місяць тому

    THANK YOU!!!👍 I just subscribed

  • @JohnKay79
    @JohnKay79 Місяць тому

    I've recently gotten into Chinese tea and that market. What are your experiences and thoughts with that part of China?

  • @istvankovacs4154
    @istvankovacs4154 Місяць тому +7

    11:15 "I've fallen, and I can't get up!"

  • @themacker894
    @themacker894 Місяць тому +50

    How can China think of invading Taiwan if they need the US to buy their stuff. Wouldn't that be the first thing (trade) that would stop?

    • @JohnJaneson
      @JohnJaneson Місяць тому

      Yes. That's why Xi told Ursula few days ago that Taiwan was an American bait.
      Xi finally realizes there is no way to win or survive the invasion.

    • @Unpopular_0pinion
      @Unpopular_0pinion Місяць тому

      It's a mutually assured economic dumpster fire. But tmif their goal is global domination they might see war as a switch worth flicking. If they invade and sanctions are laid, it will hurt our stock market and our cost of living crisis would get worse. Meanwhile they've been hoarding grain and other supplies while building their energy independence. I'm not saying they won't also suffer, I did say "mutual" dumpster fire.. The leadership will likely partner with Russia, Iran, and N.Korea to have as good a life as they can given the ostracization that will occur. It would be bad for the common folk, but it's already bad for the common folk. I simply do not think the leadership cares.

    • @matthewmosier8439
      @matthewmosier8439 Місяць тому +3

      Starting to think they hope to swap countries now that they turned theirs into such an awful place

    • @MnemonicHack
      @MnemonicHack Місяць тому

      The USA can last longer without Chinese goods, than China can last without the US market.

    • @tardigrade9493
      @tardigrade9493 Місяць тому

      😂

  • @TreasureHuntingNana
    @TreasureHuntingNana 26 днів тому

    Congrats on getting to 1 million subs!

  • @YourFrienjamin
    @YourFrienjamin 13 днів тому +1

    Congrats on the 1M 🎉

  • @scottbattaglia8595
    @scottbattaglia8595 Місяць тому +4

    Could you imagine if the global trade currency was the yuan, controlled by the CCP. I honestly think global trade would almost collapse and I wouldn't be shocked if people resorted to paying for stuff in precious metals instead of the yuan...

  • @morriganfey6079
    @morriganfey6079 Місяць тому +25

    No. The average household income is about 60k a year in the US. Not the average salary. There's a big difference.

    • @LiveType
      @LiveType Місяць тому

      PPP adjusted that 9000 rmb/month roughly matches the US average individual income. A little lower but not by a huge amount. A good chunk are earning less than that amount.

    • @nobiden3134
      @nobiden3134 22 дні тому +1

      That's probably 2 working people in 1 household..

  • @cutecuteoldold
    @cutecuteoldold 27 днів тому +1

    I pity the people for having such a louse of a government
    They need an honest man at the helm

  • @deepalall647
    @deepalall647 Місяць тому +10

    No wonder they are frustrated and attacking other nations in Asia.

  • @user-qe3zj5jc3o
    @user-qe3zj5jc3o Місяць тому +3

    That is so true -"they make stuff people don't need".
    I see it on Lazada here in Thailand. So much junk that you don't need they try to sell.
    And some of it costs 30 cents...
    Some good stuff also of course but yes much stuff you don't need.

  • @pacershark452
    @pacershark452 Місяць тому +8

    Well......if nothing else, it'll make an AWESOME dystopia.

  • @johnlacroix1639
    @johnlacroix1639 Місяць тому

    I like the video and WOW amazing TY so much ,,Keep up the great work

  • @mavischeong2596
    @mavischeong2596 25 днів тому +1

    The moral of this message is people who always full of themselves are always fools

  • @ForcefighterX2
    @ForcefighterX2 Місяць тому +7

    No China's real problem can be proven easily:
    Economically speaking "profit" is the effect of spending less than you get for your work. Thus, a corporation needs to be able to pay someone little money in order to produce something, which they then can sell expensively. China's problem now is, that they need a group of people which can produce cheaply (i.e. with a fixed low income) for selling with high profits. However, since the selling-prices are fixed by the customers (e.g. USA, Europe), they cannot simply increase their sales-prices, and thus cannot increase the salaries of their (Chinese) workers. THUS, China is stuck.
    Another option to solve this issue, is to sell something no one else CAN produce (due to lack of knowledge). This is essentially the same method as above, because here the "production cost reduction" happens by omitting the need to research something, which your competitor still does not know how to do. USA can sell high-tech, which China "could" sell cheaper, only AFTER they have completely researched up to USA's level. Which is SO expensive, that China simply cannot do it. Thus, USA is actually selling an "expensive" product for a price no one else can match, due to the R&D (research and development) costs.
    But, as I stated above, China does not use "knowledge" as the business case, but only cheap labor instead. And this will lead do fixed incomes, as China cannot raise their sales-prices indefinitely. AND they cannot produce in some cheaper country, because they are already the cheapest country for mass-production.

    • @edgeldine3499
      @edgeldine3499 Місяць тому

      they are only the cheapest because of the sunk cost of the infrastructure.

    • @nobillismccaw7450
      @nobillismccaw7450 Місяць тому

      Australia basically does the “something no-one else can do” for the same price with its minerals (e.g. titanium).

    • @toriblue
      @toriblue Місяць тому

      China is no longer the cheap option for labor. Due to the aging population, their labor costs have risen extremely fast. Most countries have already started moving production away from China but it takes years to re-build manufacturing chains. China is screwed no matter what they do.

    • @PracticaProphetica
      @PracticaProphetica 20 днів тому

      @@toriblue I'll believe that when I stop seeing "made in China" on just about everything we buy here.

  • @RodrigoPalma700
    @RodrigoPalma700 Місяць тому +5

    Poor people... Thanks for sharing.

  • @patrickcloutier6801
    @patrickcloutier6801 Місяць тому +1

    Laowhy 86, you and SerpentZA produce some very illuminating videos. It is a wonder that China on the world stage can be so belligerent, yet its tall buildings are teetering over and its infrastructure is crumbling. The USSR had economic woes too, but that did not stop them from putting money into the military.

  • @jsimone1320
    @jsimone1320 Місяць тому +3

    What a shame in a few years this world is going to look so bad 🤦‍♂️