There is an equal market chance associated with each crash or collapse. I have seen people accumulate up to $1 million during a crisis, and even make it work in a strong economy if they are prepared and well-informed. Without a doubt, the bubble/collapse is making someone wealthy.
I completely agree. It's not just about the dividends or profits, Diversifying a portfolio can be a smart move and i always advise one gets a professional to help out.
The issue is most people have the "I want to do it myself mentality" but not equipped enough for a crash, hence get burnt, no offense. In general, Financial Consultants are ideal reps for investing jobs, and at firsthand encounter, since Jan.2020, amidst covid outbreak, my portfolio has yielded massively in ROI, summing up to 7-figures as of today.
I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
Vivian Jean Wilhelm a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
The economy benefits those who have managed to invest in various opportunities. However, many people view investing as something too daunting, often feeling hesitant to get involved out of fear. Despite the abundance of opportunities today-whether in commodities, stocks, cryptocurrencies, and more-some still see it as a challenge and shy away from it.
Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.
I envy you, I’m still trying to recover from losses I incurred in 2021/2022, who is this investment adviser you work with, I’m intrigued and I could use some quality guidance
I'm being guided by "Melissa Terri Swayne " who is widely recognized for her competence and expertise in the financial market. She has a thorough understanding of portfolio diversification and is regarded as an authority in this field.
I just googled her and I'm really impressed with her credentials; I reached out to her since she needs all the assistance she can get. I just scheduled a caII.
China has always been hostile to the Western media because of its different systems. Now it is a strong competitor. Now anyone can travel to China, including Xinjiang. You can see the truth with your own eyes.
A giant country doesn't "crash" overnight. It will get worse over a few years. When housing is over built by 200%, eventually it has to be paid for, somehow. If foriegn investment dries up, the ponzi scheme collapses
Who ,on the verge of AI entering World economy and computer World has plans to dominate plans for future as USA Banks start to collapse ( US-military already showing US no longer dominate the World)!.
It should be taken seriously. This video does a good job of laying out China’s institutional and systemic problems that will, indeed, eventually lead to its down-fall. In fact, China is currently in the midst of a massive, but slow moving, financial meltdown.
1990. The Economist. China's economy has come to a halt. 1996. The Economist. China's economy will face a hard landing 1998. The Economist: China's economy entering a dangerous period of sluggish growth. 1999. Bank of Canada: Likelihood of a hard landing for the Chinese economy. 2000. Chicago Tribune: China currency move nails hard landing risk coffin. 2001. Wilbanks, Smith & Thomas: A hard landing in China. 2002. Westchester University: China Anxiously Seeks a Soft Economic Landing 2003. KWR International: How to find a soft landing if China.. 2004. The Economist: The great fall of China? 2005. Nouriel Roubini: The Risk of a Hard Landing in China 2006. International Economy: Can China Achieve a Soft Landing? 2007. TIME: Is China's Economy Overheating? Can China avoid a hard landing? 2008. Forbes: Hard Landing In China? 2009. Fortune: China's hard landing. China must find a way to recover. 2010. Nouriel Roubini: Hard landing coming in China. 2011. Business Insider: A Chinese 2012. American Interest: Dismal Economic News from China: A Hard Landing 2013. Zero Hedge: A Hard Landing In China 2014. CNBC: A hard landing in China. 2015. Forbes: Congratulations, You Got Yourself A Chinese Hard Landing.. 2016. The Economist: Hard landing looms for China 2017. National Interest: Is China's Economy Going To Crash? 2020. Economics Explained: The Scary Solution to the Chinese Debt Crisis 2021. Global Economics: Has China's Downfall Started? 2022. Cathie Wood: China's COLLAPSE Is FAR Worse Than You Think 2022. Business Basics: China's Economic Crisis, GDP is Crashing, Protests Everywhere. China's financial crisis is Here. Year 32 waiting for China Econ to crash
@@hejay1245 Look up 2022. It was only 2.99%, according to macrotrends, and that can be attributed to the fact that China is still a developing country meaning it has a place to grow. If it was already developed that 2.99% would be astounding because how can it get better? By the way, the United States was 1.94% in the same year and it's already developed. That is shameful for China.
What do you mean by this? 20 years ago people thought China was growing in power, people thought that before COVID, 4 years ago. It was only after COVID that people began looking at China like an economic disaster.
@@alexgummer4979 Not after their support for Russia's policy of military conquest. They should either kick Russia out or reimburse Ukraine for the damage they are inflicting on their country.
The dollar is literally being destroyed / debased / devalued. I just want my money to keep outgrowing the inflation rate. How do i invest about 250k i have parked in the bank and what strategies do i employ to make significant gains and stable cashflow?
You're right, I and a few Neighbors in Bel Air Area work with an advisor who prefers we DCA across other prospective sectors. Instead of a lump sum purchase, Following this, my portfolio grew 40% in the last quarter.
I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation??
I've stuck with ‘’Stacy Lynn Staples” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
US Congress approved a US$1.5 bn budget, spread over 5 years, to train journalists how to craft negative news about China. Now we see it in The Economist, NYT, WP, Time, Fox news & 1,000s of videos. Gordon published a book titled "The Coming Collapse of China" in 2001. Google & find more 🤣
A convergence of troubling factors looms ominously over the China. From soaring inflation rates to potential bank collapses, severe droughts in the agricultural heartland, a looming recession, shortages ranging from food supplies to essential commodities like diesel fuel, heating oil, baby formula, and even available automobiles, alongside escalating living costs-all these elements seem to be aligning, painting a grim picture that could potentially culminate in a significant disaster by year-end, or even sooner.
Yeah, I read that China's property market accounts for a significant portion of their GDP. If it takes a hit, it might lead to reduced consumer spending and overall economic instability. I advice you consult with a professional about your investment portfolio.
I wholeheartedly concur; I'm 60 years old, just retired, and have about $1,250,000 in non-retirement assets. Compared to the whole value of my portfolio during the last three years, I have no debt and a very little amount of money in retirement accounts. To be completely honest, the information provided by invt-advisors can only be ignored but not neglected. Simply undertake research to choose a trustworthy one.
That's quite incredible! My p0rtfolio has been performing poorly and i've lost a significant amount of money, therefore I could really use their advice. Who is the advisor?
‘’Aileen Gertrude Tippy’’ is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.
Here comes the perfect planner for youtubers who want to get clicks and subscribers : Monday, Wednesday, Friday : China is about to collaspe Tuesday, Thursday, Saturday: China is threatening us Sunday: have some french fries and take a break.
China's economy _is_ collapsing. I'm struggling to find any predictions of China's economic downfall that have ever said "China is going to be the poorest country in the world by next week and will cease to exist the week after that" but that's what people like you pretend everyone says. Chinese economic collapses are hardly rare events in history. You should be pointing out how dumb the predictions are because they're so easy to make.
1990. The Economist. China's economy has come to a halt. 1996. The Economist. China's economy will face a hard landing 1998. The Economist: China's economy entering a dangerous period of sluggish growth. 1999. Bank of Canada: Likelihood of a hard landing for the Chinese economy. 2000. Chicago Tribune: China currency move nails hard landing risk coffin. 2001. Wilbanks, Smith & Thomas: A hard landing in China. 2002. Westchester University: China Anxiously Seeks a Soft Economic Landing 2003. KWR International: How to find a soft landing if China.. 2004. The Economist: The great fall of China? 2005. Nouriel Roubini: The Risk of a Hard Landing in China 2006. International Economy: Can China Achieve a Soft Landing? 2007. TIME: Is China's Economy Overheating? Can China avoid a hard landing? 2008. Forbes: Hard Landing In China? 2009. Fortune: China's hard landing. China must find a way to recover. 2010. Nouriel Roubini: Hard landing coming in China. 2011. Business Insider: A Chinese 2012. American Interest: Dismal Economic News from China: A Hard Landing 2013. Zero Hedge: A Hard Landing In China 2014. CNBC: A hard landing in China. 2015. Forbes: Congratulations, You Got Yourself A Chinese Hard Landing.. 2016. The Economist: Hard landing looms for China 2017. National Interest: Is China's Economy Going To Crash? 2020. Economics Explained: The Scary Solution to the Chinese Debt Crisis 2021. Global Economics: Has China's Downfall Started? 2022. Cathie Wood: China's COLLAPSE Is FAR Worse Than You Think 2022. Business Basics: China's Economic Crisis, GDP is Crashing, Protests Everywhere. China's financial crisis is Here.
A lot of talk about economics but the people would be better off looking at the demographics of China. Fewer the people, higher the cost of labor which leads to businesses leaving to other places
So, when he was talking about China's problems in securing energy imports, he completely ignored the massive economic agreements signed in the last 2 years between China and Russia. Russia is providing China with as much natural gas, petroleum, coal and enriched uranium as the latter is willing to buy.
Don't forget that Russia doesn't have much infrastructure in the asian half of Russia. Also it doesn't seem like China needs all of the above that much, since they pressure Russia into humiliating discounts.
@@MrDarthImperius - My understanding from away is that big projects for pipelines are being constructed. And the last part of your message confirms my point. The video's author, not me, insists about China's problems in securing energy imports. Both of us do not agree with him!
yeah i don't believe China could be incapable of getting the oil it need, and all that malarca straigth talk is BS, look how nato is doing a embargo against Russia, yet russia oil pass suez none the less... but shadow banking and financial crissis, yes i believe it will happen, but could be in 6month could be in 6 years.
Yes, Russia can provide what China wants. No shortages of energy but the problem is unproductive use of this energy for manufacturing surplus goods that can't by sold at a profit, and for building unnecessary and unproductive infrastructure. Although China is now in a strong position to bargain down the price of this energy, it still needs to think of ways to use the energy efficiently.
@@KhunAdam After the war against Ukraine from Russia, Ukraine should have destroyed a lot of energy and in the Russia. Therefore, it is questionable whether China will still import massive amount of energy from Russia.
In light of the ongoing global economic crisis, it is crucial for everyone to prioritize investing in diverse sources of income that are not reliant on the government. This includes exploring opportunities in stocks, gold, silver, and digital currencies. Despite the challenging economic situation, it remains a favorable time to consider these investments.
The pathway to substantial returns doesn't solely rely on stocks 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.
@@joshbarney114 I appreciate the implementation of ideas and strategies that result to unmeasurable progress. Being heavily liquid, I'd rather not reinvent the wheel, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
Finding financial advisors like Marisa Breton Dollard who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
This is a great video and your dedication is highly appreciated, it made me remember the first time I started my journey, my curiosity landed me with arbit pay and all I can say is I can't even believe how far my growth has being.
A while back, my little boy was sick and I couldn't even pay hospital bills. 120k salary in a year. Saw an ad about arbit pay and I decided to try even if it's just 2k. I had this belief and it was like he was directly talking to me. About 24k in a six days. Took 20k to be sure I'm not dreaming 🤣🤣 🤣
Left the rest for another and it came out even better and in a month I already made more than what I get in a year, my son is doing well and everything is great. I don't like sharing these experiences but sometimes these job pays are really not good enough.
The safest approach is knowing what you are about to go into and knowing who would be dedicated to teaching and showing you your mistakes. Sometimes 120k in a year pay isn't much, so how do we go about our expenses not covered?
Not America getting screwed. It is the ordinary working-class Americans getting screwed by the 2% elite rich Americans who control the country. They are the only ones with the money and connections to stand for elections The ordinary Americans are just suckers who are happy that they can vote, but only among the elite class who always look after themselves first. All the US Lawmakers are either millionaires or billionaires. The big corporations esp the military Industrial complex make billions of dollars by starting wars in other countries with the help of the US Lawmakers who received money from them. The real suckers are those taxpayer Americans and the army who are sent to other countries to get kill under the name of defending the US, which in actual fact is defending the interest of the Military industrial and the US Lawmakers' pockets.
Somebody should tell Watson that he's got a very limited understanding of global economics. It was the World Bank which declared that more than 800 mil people were lifted out of poverty, a feat unprecedented in human history. Thus the World Bank & IMF & a great many think-tanks are able to obtain Chinese statistics but he isn't. That's his failing. Also he needs to be informed that China collapse theories have been published repeatedly for 32 years, including books put out by Gordon Chang & Peter Zeihan. These guys comprehend more about macro & micro economics than him 😅 & they're waiting still for China to slam into the wall. So for the past 3 decades China's GDP grew by 9% per year on average. Presently her exports & imports make up 30% of global trade & 120 countries count China as their largest trading partner & that spells wealth for China & her manufacturing sector. Trade surplus is overwhelmingly in her favor. Ask Tim Cook why he set up the largest Apple store in April 24 when China is crashing. Scholz, Macron & Yellen visited Beijing, twice in 16 months for Scholz, with their begging bowls. Tesla sold 1.7 mil vehicles in China since the set up of it's gigafactory. Is there any consumer power locally? Hence, shifting your US lenses over to view Asia is the height of your ignorance. The lenses are badly scratched & you'll never comprehend why they work 669 & are incredible committed to grow richer & stronger, tariffs & chip controls notwithstanding. 5.3% GDP growth is Europe's wet dream. 😂😅
Decline might be a better term than collapse, for now. Pls see; en.wikipedia.org/wiki/Historical_GDP_of_China#/media/File:China's_real_GDP_growth_by_decade.svg China could stagnate around 3-4% GDP for the foreseeable future, while the West resites manufacturing. Xi will try to stimulate domestic demand but, even though, China has achieved impressive results in removing poverty and building a middle class, said middle class hasn’t the wealth to replace diminishing demand from the West over the next decade.
That's because you're better informed about those economies, which are open and have more accountability and transparency. By contrast, China is extremely restrictive and is often misleading about its own situation. A lot of guesswork results. The difference now however, compared with other crises, is that there won't be the same bailouts and stimulus. Therefore it really is serious, especially given the wider situation you refer to in the West. It really is imploding there, perhaps I'm more aware of it because I'm located in the SE Asia and Oceania region.
Hearing what? A ridiculous amount of debts that huge CCP China corporations are going to default? High unemployment rate? Hong Kong stock market plummeted to 50% while every market made record highs? I don't think these happened 10 years ago But obviously, your intellectual level has remained the same last 10 years. Congrats.
Our economy is struggling with uncertainties, housing issues, foreclosures, global fluctuations, and the pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
With my demanding job, I lack time for investment analysis. For seven years, a fiduciary has managed my portfolio, adapting to market conditions, enabling successful navigation and informed decisions. Consider a similar approach.
This is definitely considerable! Do you think you could suggest any professionals or advisors I can get on the phone with? I'm in dire need of proper portfolio allocation.
@@AshleyKeith-vw7ws I appreciate it. After searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.
@OliverLiam-px3vx "other currencies gaining traction", and yet China still needs USA dollars to transact with the world. Stop listen to propaganda. The US dollars are still being used worldwide, don't be fooled.
Definitely, the current economic instability is causing a lot of concern. With factors like trade tensions and fluctuating markets, it's hard to predict what's coming next.
And the pandemic has only exacerbated things. It's led to disruptions in supply chains and forced many businesses to shut down temporarily or even permanently
China is doing what OIL companies did to each other during the Great Depression in the U.S. They are lowering their prices (devaluing the Yuan) and the U.S. won’t be able to compete. China will be manufacturing planes, vehicles (EVs), electronics, and who knows about the medical equipment industry where my career is based in. If they are able to sell way cheaper than the U.S. THE U.S. will not be able to compete.
China is doing what OIL companies did to each other during the Great Depression in the U.S. They are lowering their prices (devaluing the Yuan) and the U.S. won’t be able to compete. China will be manufacturing planes, vehicles (EVs), electronics, and who knows about the medical equipment industry where my career is based in. If they are able to sell way cheaper than the U.S. THE U.S. will not be able to compete.
What the author doesn't seem to understand is that this is all internal debt to China. In other words they could just write it off. Doesn't matter how much it is. The only thing that matters is the external debt
I am not a fan of CCP. But do not expect China's economy to collapse. It did not collapse during the Cultural Revolution. It did not collapse during the Great Leap Forward. The Chinese people are resilient.
Well….”collapse” is a subjective term. But if millions starve due to lack of food, as happened in the Great Leap Forward….is that a collapse? I would say yes. And the Chinese people are resilient, but have been poorly served by their government, as dictatorships have a long list of associated problems.
@banned29lean-w5r the Chinese civilization collapsed every 200-300 years - usually happened when the ruler is so inept and indifferent to the plight of the Chinese people. Xi is terrible by Western standards. But Xi is far more better than last emperor of each of the Chinese dynasties.
We bought more and more made in China stuffs and people in Asia starting to go to China for vacation instead of Bangkok or Taipei, thanks for the substantial improvement on their service quality.
because china has its members on other countries that blocking those products from other countries not to enter because they only want only from china to prosper..
China does not give AF about Asian tourist CCP wants Western tourists because they are heavy spenders and their currency are stronger than Asian ones but Western tourists no longer visit China.
China is collapsing series starts at 2012.. after that this series get a new season each year 2013,2014 2015 until now 2024.. china is literally the only country in the world that keeps collapsing every year but also has a very high GDP growth 😂😂
Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
Things are strange right now. The US dollar is becoming less valuable because of inflation, and other powerful nations waking up to trade in their own currencies. Good thing is, a lot of people still turn to the Dollar because of the safety is somehow assures. I'm worried about my retirement savings of about $420,000 losing value because of these factors and more. Where else can we keep our money?
It's a delicate season now, so you can do little or nothing on your own. Hence I’ll suggest you get yourself a financial expert that can provide you with valuable financial information and assistance
Very true! I've been able to scale from $50K to $189k in this red season because my Financial Advisor figured out Defensive strategies which help portfolios be less vulnerable to market downturns
Your adviser must be really good, I hope it's okay to inquire if you're still collaborating with the same adviser and how I can get in touch with them?
You are as good as Gordon Chang. When was the last time you visited China seeing the country with your own eyes. Your ignorance of the real China is astounding.
In Germany the billion is english trillion. Thats a nice false friend that probably led to many fails. 10^0 = Eins 10^1 = Zehn 10^2 = Hundert 10^3 = Tausend 10^6 = Million 10^9 = Milliarde -> engl. Billion 10^12 = Billion -> engl. Trillion 10^15 = Billiarde 10^18 = Trillion 10^21 = Trilliarde
Thank you for your videos mate.... China's current economic struggles, marked by deflation and slow growth, have significant implications for global markets. As traditional economies face volatility, investors have a chance to diversify into assets like stocks and cryptocurrencies that offer both stability and high growth potential. Cryptocurrencies, in particular, act as a hedge against inflation and economic downturns, while strong stocks provide solid returns. More focus should be placed on day trading, which is less impacted by market unpredictability. Personally, I’ve grown 130K to 632K in just a few months through strategic trading, and I’m especially thankful to Milton Harper for his expert guidance in navigating this challenging financial landscape. Now is the time to invest in these resilient, high-potential assets for future success.
Indeed, the recent market downturn serves as evidence that a vast majority of individuals lacked a sufficient understanding of the underlying financial dynamics at play.
😂 I cant believe he actually named this video that. Surely he has to know that the "CHINA IS ABOUT TO COLLAPSE!!!" videos/articles are beyond parody at this point?
And it will continue to collapse in secret till the secret can't be hidden any further. After that it will be in complete free fall and witnessed by the entire world.
@@Raytracer96024 Yooo Bob, check out the average growth rate of China since 2001. If that is collapsing, then someone wrote down the wrong figures. Once again you are wrong, 3 vs zero. The average is somewhere around 8%, what's the United States?
@@iamric23 I was being sarcastic, we are on the same side bro On a serious note, Im tired of hearing anti-China propoganda, ameriKKKans and the westoids have maxed out the the media-military complex stat and are loosing
We are living in a central planned economy where every good thing seems controlled, from real estate to stocks and now gold. I'm open to ideas how to safeguard and grow my wealth amid high inflation, can't let over a mil lose its value by just sitting in my bank.
Right, when it comes to situations like this, having a seasoned advisor diversify your portfolio for high performance is ideal and thankfully, I can attest to this approach, seeing my holdings of $800k grow by 240% in barely 3 years.
bravo! I've been getting suggestions to consider financial advisory, but where and how to find someone reputable has been challenging, mind if I look up the advisor guiding you please?
My CFA Jessica Lee Horst, a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
I don't understand why China's economy is going to collapse. You mentioned that it is because of its debt, but it will mitigate this by devaluing its currency. However, a couple of points to ponder here is that China is still in a trade surplus (where exports exceed imports) as of April 2024. When China devalues its currency, it will only increase its trade surplus even further because they are incentivised to export more, which is a good thing as it typically causes an economy to grow. Another thing that China can do is to stop its aggressive actions causing tensions in the South China Sea which only worsens the US-China conflict and affects their overall economy. However, you might think, why doesn't China stop being aggressive in the SCS. It is because should the Russian war turn awry, they have a backup plan to source the oil which is in the SCS. Either way, China is assured that it won't collapse and I believe if Russia wins the war, it will dwindle its attempts to reclaim the SCS. So let's hope NATO withdraws involvement from the Russian war so this madness can stop and everybody (except Ukraine) will be happy again. NATO's fear of Russia planning to invade Central Europe or even Western Europe is so stupid which only makes it appear that NATO (not Russia) wants to coerce the world into WWIII.
@ TheAyikita, looking at recent developments, it looks as if many companies have left China, for example, clothing companies which are now doing business in Portugal, Sri Lanka, India and Turkey. Many other manufacturing companies have left China as well. I think the situation is a lot worse than you realise
@@princebuster93 I believe these are simply anecdotes of small-medium companies. The bigger companies and conglomerates are still there. Again, I am looking at the data which in the case of China says their April 2024 trade surplus is still $72b dollars (unless of course this data is manipulated as China loves to misrepresent its economic data). It is also trying to recoup its property bust changing its narrative away from property which accounts for 1/3 of its GDP and into more financially secure assets such as stocks and bonds. Yes, it will make the current middle class poorer as the property values decrease but it's all part of the grand balancing act that I believe China will come out unscathed and as these financial assets provide attractive yields to investors, investors will flock once again, opening mom and pop stores, etc. That's just how it is. I mean why won't you, when your market is over a billion people.
China has an internal and external Yuan. A domestic devaluation might assist debt. However, the external yuan isn’t an international currency. The reserve currencies being the USD, Euro, Yen, GBP, AUD, CND and CHF (Swiss Franc). When a country’s internal economy falters, it is wise find an external fix. That’s why Argentina didn’t opt for the Yuan and BRICS. Sick as Argentina is, it has more chance to recover working with USD than the Yuan CNH.
Previously, I thought this channel was a good, objective and trustworthy one. But now I know that this channel is a part of propaganda of Collective West (US & the gang), who like twisting data and fact for your own bad purpose & intention. So unsubscribing this channel seems to be a good choice for me.
This was a really well done video! :-) Thank you for all of your knowledge, research, fair reporting, and making it interesting & easy to understand. As a history major many moons ago I've come to appreciate someone who really knows their stuff. Kudos 🙂
but now the most advanced and biggest ev battery company are this Chinese company, how can they copy something the us hasn't invented yet？ same as Huawei 5G
Instability is being caused by our economy's struggles with uncertainty, housing problems, foreclosures, global swings, and the fallout from the epidemic. To reestablish stability and spur growth, all sectors must give rising inflation, slow growth, and trade disruptions their immediate attention.
With the US dollar losing value to inflation and other currencies gaining traction, uncertainty looms. Yet, many still trust in the dollar's perceived safety. Worried about my $670,000 retirement savings losing value, I seek alternative security for my money.
I don't have enough time for investment analysis because of my busy work. My money has been handled by a fiduciary for seven years; they have adjusted to market situations to help me navigate successfully and make wise decisions. Think about a comparable strategy.
This is undoubtedly significant! Could you perhaps recommend any experts or counsellors that I should speak with over the phone? I really need to allocate my portfolio properly.
@@justinpetersen5273China is no longer truly communist-it's just a name they retain. In reality, they have embraced many aspects of capitalism. I am from Singapore, a country that some might mistakenly label as "communist" simply because we have an authoritative government. Often, dictatorial regimes and communism are conflated, but this association is oversimplified. In Singapore's case, despite our strong government control, we are very much a capitalist economy. However, our leaders prefer to describe our system as "socialism with Singaporean characteristics."
@@AdrianCHOYsince when even singapore was considered "communist' literally we never even heard of singapore its unexisting😂we know only Thailand,Cambodia,Laos,Vietnam and Myanmar😂
Its not a great video. Its a nonsensical titled video. We just returned from one of our many business trip to China. And its very far from collapsing. Yes, real estates is going through excesses, leveling out now for the next decade but far from collapsing. Your video is full of contradictions.
His video just shows that the collective West so desperately and pathetically wants China to fail that when looking at 5.2% growth, they can come up with theories like "China's Economy is About to Collapse" and people still buy it, LOL. Gordon Chang continues to predict the collapse of China year after year, and gets featured on TV ALL the time even though the predictions are inaccurate for flat-out bonkers. But why??? Because Anti-China is a good business! It’s his making of those predictions that gets the media coverage and he makes a living from that. I don't think Aaron Watson is dumb enough to believe China's economy is actually about to collapse in the near future. But he knows TH-cam algorithm loves it and Westerners love hearing it
You don't need an education to grasp the concept that growth stimulated by cheap labor and exporting goods with global trade is fragile. A niche is only good if it can remain a niche. Rapid growth is unsustainable for the world, not just China. Every country has to realize that this world only has so much to offer, and while that is a lot, if your business model requires the abundance of resources to always be increasingly abundant, then you should expect that it will collapse sooner or later. If we build infrastructure that assumes that most of the people of the future are going to be able to live like millionaires and billionaires with massive amounts of personal luxury, then as that infrastructure gets utilized and needs maintenance we might realize that our plans not only won't be achieved but will bring all other possibilities that we had to extinction.
If you see and judge China , the same way you see the west, you are not ever going to understand the difference between the two countries. Don’t be fooled
@@retiredbeesChinese don't have rights because their CCP controls them. I forgot to mention the tofu dreg construction, and also child labour and slaves.
In fact, China is very special, I have lived in the United States for two years, the same goods are much, much cheaper in China, the purchasing power of Chinese people seems to be no lower than that of the United States, China produces almost all categories of goods, and these goods are very cheap because they are sold locally without tariffs, except for imported goods, which are still expensive in other developing countries. Chinese people like to buy houses rather than rent houses, a lot of money is invested in real estate, and China does not charge property tax or inheritance tax, I think this is the reason why Chinese people do not like to consume.
Won’t collapse but stagnate. China will face deflation and won’t be able to build sufficiently large consumer markets domestically to replace waning Western demand.
What non-sense is this? Total Amateur hour. 1) Capital that is fueling growth is drying up. Don't know what you are talking about buddy. The investment portion of the Chinese economy and the absolute amounts of investment are as high as ever. The only thing going away is FDI which is becoming a smaller and smaller portion of total investment. It is almost totally irrelevant today. 2) Energy powering manufacturing is getting more expensive. Energy imports have barely made a dent in China's ever growing merchandise trade surplus. A nation facing more expensive imports that it can no longer afford should have declining imports along with declining net exports. If energy getting more expensive actually mattered then why doesn't China's net exports ever reflect that. 3) Real estate bubble has crashed. This one at least is true but what is the actual magnitude of effect. There is no more new GDP from housing construction but that just frees up people and resources to go do something more productive. On the surface GDP falls but in reality GDP growth is improving because the housing construction that looked like growth before actually wasn't. The actual effect of the housing bubble is backward looking. It means GDP before wasn't as high as people thought but GDP going forward is actually an improvement from the GDP before.
1) that internal investment is mostly unproductive and is being fuelled by debt. Debt to GDP is increasing as opposed to the GDP getting big enough to compensate. Unlike the yanks the RMB does not hold the global reserve status of the USD. They would have to inflate their way out. A lot of the debt is also off the books held by local govs trying to hit quotas by the central gov so its hard to comment on but its estimated to be magnitudes higher. 2) Labor has been historically so cheap that energy pricing hasn't factored in too hard when it comes to competition. Just over a year ago there were droughts that dried up some hydroelectric facilities. Production citites ground to a halt for quite a while. This will get worse over time but they are doing an okay job of diversifying here. That's one of the reasons the Chinese have supported the dictatorship in Myanmar as they get so much of there cheap gas from there through deals with the junta. 3)"here is no more new GDP from housing construction but that just frees up people and resources to go do something more productive" mate your common person in china mainly invests in housing. When houses people are paying off dont get built millions of people get drastically poorer. This means no money to invest and do something more productive. This is why the country has been grappling with deflationary possibilities. People arent spending money because so much has been lost, and this hasnt ended yer, its still popping. I'm not going to start on the GDP numbers, they're so obfuscated at this point that its hard to take what we see seriously. There are good numbers crunched by economists who just look at publicly available input and output data.
@@dekumutant You are just parroting talking points you heard but never examined critically. 1) Naturally returns on investment has to be lower when the economy goes from growing at 10% to growing at 5%. But this is not evidence of bad investments. A 2 trillion economy might be able to grow at 10% a year but a 20 trillion economy cannot. Similarly for investing, 2 billion dollars can be invested at much higher returns than 20 billion dollars. The very fact that a 30 trillion economy is generating 5% returns on itself when many economies 1/10 of that size cannot even generate a 2% return on itself tells you who has better investments. Then there is the matter of not understanding the role of debt in an economy at all. Debt is nothing more than a ledger system to keep score in an economic system. It tells you is how to split the harvest between all the participants. All of China's debt is internal and it is basically all inter government debt. There is not much consumer or private debt given that the Chinese private sector is extremely risk averse, both in terms of borrowers and lenders. So projecting issues from the US system with regard to debt to the Chinese system is a logical non-starter. China's internal debt is just a system for keeping score between all the different levels of government in China. They can solve all of that by resetting the scores between these different levels of government with minimal impacts to the private sector. How that will be done is a political power and incentives question between the different levels of the Chinese government. 2) Labor is cheap in China but not that cheap. Wage growth over the past 40 years has been something like 10% per year. The fact that Chinese products have only improved their competitiveness over time while wages have increased several thousand % tells you that productivity is growing at an incredible rate in China. That is the main reason the economy has increased 12 times in the last 20 years or so. Remember cheap labor while it explains a point in time competitive advantage, it doesn't explain GDP growth (a.k.a. how the economy becomes more productive over time). So cheap labor is not and never was an explanation for GDP growth. Energy costs have only ever gone up over the last 40 years since the oil embargos. The rate of increase is not any faster today than in the past (remember oil use to be like $5 a barrel that long ago). The Chinese have always grown their productivity at orders of magnitude faster than energy prices so it has had no noticeable effects on slowing the Chinese economy down. If oil price ever actually becomes a drag you should see Chinese imports, exports and net exports affected. Chinese imports and exports should fall and the value added by China in the supply chain starting from commodity inputs and ending at final outputs (proxied roughly by net exports) should shrink. There is no evidence of this at all. Post pandemic all three of these things just keep rising. 3) Sounds like you don't actually know the balance sheet status of Chinese households at all. The incomplete apartments are a drop in the bucket for the entire market. The amount of total Chinese savings is gargantuan. The Chinese save about 30% of their after tax income and have been doing that for the past 30 years or so. This housing bust makes barely any dent in their cumulative savings. Never mind the fact that the household sector on a cumulative basis isn't even close to losing money from real estate. The number of people that bought their houses at far below current market prices is far larger than the number people that bought their homes at close to current market prices. You don't seem to notice when they piled up 10% capital gains per year on their homes for the last 20 years and never spent any of that money. Now you are worried about a small portion of those cumulative capital gains they never spent going away with home prices falling by a tiny portion of what they rose by. Chinese consumption is mostly limited by their own lack of propensity to spend. In the longer term the housing bust is a rather minor contributor to that. Rather than parroting the hacks who rely on preaching to a completely ignorant and uncritical audience, pick up some critical thinking skills so that you can actually think for yourself.
@rndrecords9832 yea .I used to work for a bank in the states before going to China. Alot of difference . American banks Usually close inactive accounts so. But yea
Congratulations, you have found a good profession for your financial success: by repeating "China collapse" rhetoric every year, and labeling China as "communist", you will be as successful as Gordon Chang.
Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
In particular, amid inflation, investors should exercise caution when it comes to their exposure and new purchases. It is only feasible to get such high yields during a recession with the guidance of a qualified specialist or reliable counsel.
True, initially I wasn't quite impressed with my gains, opposed to my previous performances, I was doing so badly, figured I needed to diversify into better assets, I touched base with a portfolio-advisor and that same year, I pulled a net gain of $250k...that's like 7times more than I average on my own.
@@williamDonaldson432 This aligns perfectly with my desire to organize my finances prior to retirement. Could you provide me with access to your advisor?
Rebecca Lynne Buie is the licensed advisor I use and i'm just putting this out here because you asked. You can Just search the name. You’d find necessary details to work with to set up an appointment.
There is an equal market chance associated with each crash or collapse. I have seen people accumulate up to $1 million during a crisis, and even make it work in a strong economy if they are prepared and well-informed. Without a doubt, the bubble/collapse is making someone wealthy.
I completely agree. It's not just about the dividends or profits, Diversifying a portfolio can be a smart move and i always advise one gets a professional to help out.
The issue is most people have the "I want to do it myself mentality" but not equipped enough for a crash, hence get burnt, no offense. In general, Financial Consultants are ideal reps for investing jobs, and at firsthand encounter, since Jan.2020, amidst covid outbreak, my portfolio has yielded massively in ROI, summing up to 7-figures as of today.
I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
Vivian Jean Wilhelm a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
Wow, her track record looks really good from what I found online. I'll take a chance and see how it goes. Thanks for the info
The economy benefits those who have managed to invest in various opportunities. However, many people view investing as something too daunting, often feeling hesitant to get involved out of fear. Despite the abundance of opportunities today-whether in commodities, stocks, cryptocurrencies, and more-some still see it as a challenge and shy away from it.
In these uncertain times, having a strong grasp of financial management, smart investing, and navigating economic downturns is more crucial than ever.
Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.
I envy you, I’m still trying to recover from losses I incurred in 2021/2022, who is this investment adviser you work with, I’m intrigued and I could use some quality guidance
I'm being guided by "Melissa Terri Swayne " who is widely recognized for her competence and expertise in the financial market. She has a thorough understanding of portfolio diversification and is regarded as an authority in this field.
I just googled her and I'm really impressed with her credentials; I reached out to her since she needs all the assistance she can get. I just scheduled a caII.
its getting ridiculous, its apparently collapsing every week now 😂
I think he doesn't believe what he's saying himself 🤣🤣
They made lots of enemies.
China has always been hostile to the Western media because of its different systems. Now it is a strong competitor. Now anyone can travel to China, including Xinjiang. You can see the truth with your own eyes.
@GentleTraveler-999 ?
A giant country doesn't "crash" overnight. It will get worse over a few years.
When housing is over built by 200%, eventually it has to be paid for, somehow.
If foriegn investment dries up, the ponzi scheme collapses
If China had a dollar every time someone made a video about their collapse, it wouldn't collapse
Agrees
Dollars?? No yuan dumdum
Dollars?? No yuan dumdum
It has more than trillion dollar foreign reserves .so No failure
Who ,on the verge of AI entering World economy and computer World has plans to dominate plans for future as USA Banks start to collapse ( US-military already showing US no longer dominate the World)!.
Been seeing these "China is on the brink of calamity" videos for like 5 years now. Can't believe people still take this seriously.
If you talk about it, same goes for America and other countries
@@Yummy-z6i "Some men just want to watch the world burn." -Alfred Pennyworth
Great comment, these are click bait videos no more than that.
China WILL collapse in like 2 days, i'm not lying i swear guys.
It should be taken seriously. This video does a good job of laying out China’s institutional and systemic problems that will, indeed, eventually lead to its down-fall. In fact, China is currently in the midst of a massive, but slow moving, financial meltdown.
Monday, Collapse, Tuesday, Threat, Wednesday, Collapse, Thursday, Threat, it's been decades, is there anything new?
😂 yeah, anything new?
It is like voodoo.
1990. The Economist. China's economy has come to a
halt.
1996. The Economist. China's economy will face a hard
landing
1998. The Economist: China's economy entering a
dangerous period of sluggish growth.
1999. Bank of Canada: Likelihood of a hard landing for
the Chinese economy.
2000. Chicago Tribune: China currency move nails hard
landing risk coffin.
2001. Wilbanks, Smith & Thomas: A hard landing in
China.
2002. Westchester University: China Anxiously Seeks a
Soft Economic Landing
2003. KWR International: How to find a soft landing if
China..
2004. The Economist: The great fall of China?
2005. Nouriel Roubini: The Risk of a Hard Landing in
China
2006. International Economy: Can China Achieve a Soft
Landing?
2007. TIME: Is China's Economy Overheating? Can China
avoid a hard landing?
2008. Forbes: Hard Landing In China?
2009. Fortune: China's hard landing. China must find a
way to recover.
2010. Nouriel Roubini: Hard landing coming in China.
2011. Business Insider: A Chinese
2012. American Interest: Dismal Economic News from
China: A Hard Landing
2013. Zero Hedge: A Hard Landing In China
2014. CNBC: A hard landing in China.
2015. Forbes: Congratulations, You Got Yourself A
Chinese Hard Landing..
2016. The Economist: Hard landing looms for China
2017. National Interest: Is China's Economy Going To
Crash?
2020. Economics Explained: The Scary Solution to the
Chinese Debt Crisis
2021. Global Economics: Has China's Downfall Started?
2022. Cathie Wood: China's COLLAPSE Is FAR Worse
Than You Think
2022. Business Basics: China's Economic Crisis, GDP is
Crashing, Protests Everywhere. China's financial crisis is
Here.
Year 32 waiting for China Econ to crash
They just won’t stop stirring the B Sh*t just for readership and clicks. Shame on you
you forgot the Sunday overcapacity.
The year is 2080, and another video of how china is collapsing has dropped on TH-cam
Until 2021, China's economy was growing quickly. But only recently did it stop. You can check the facts for yourself.
@@NeverGonnaGiveYouUp71 7%-5% stop？ How about yours
@@hejay1245 Look up 2022. It was only 2.99%, according to macrotrends, and that can be attributed to the fact that China is still a developing country meaning it has a place to grow. If it was already developed that 2.99% would be astounding because how can it get better?
By the way, the United States was 1.94% in the same year and it's already developed. That is shameful for China.
On BilliBilli atp
“China will collapse” = +20 years on clickbait
And still works 😂
What do you mean by this? 20 years ago people thought China was growing in power, people thought that before COVID, 4 years ago. It was only after COVID that people began looking at China like an economic disaster.
BRICKS matters +20 years on
@@alexgummer4979 Not after their support for Russia's policy of military conquest. They should either kick Russia out or reimburse Ukraine for the damage they are inflicting on their country.
The dollar is literally being destroyed / debased / devalued. I just want my money to keep outgrowing the inflation rate. How do i invest about 250k i have parked in the bank and what strategies do i employ to make significant gains and stable cashflow?
Chose quality stocks and follow them up. If you're not one for such complexities, hire a wealth manager to grow your money. I use the latter
You're right, I and a few Neighbors in Bel Air Area work with an advisor who prefers we DCA across other prospective sectors. Instead of a lump sum purchase, Following this, my portfolio grew 40% in the last quarter.
I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation??
I've stuck with ‘’Stacy Lynn Staples” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
Wow, her track record looks really good from what I found online. I'll take a chance and see how it goes. Thanks for the info
They have collapsed hundreds of time since the early 2000s lol
Lies are always only lies,, so actually untures , and facts are stronger than weak lies,,,,??..
Just type in China collapse in search, so many videos
US Congress approved a US$1.5 bn budget, spread over 5 years, to train journalists how to craft negative news about China. Now we see it in The Economist, NYT, WP, Time, Fox news & 1,000s of videos. Gordon published a book titled "The Coming Collapse of China" in 2001. Google & find more 🤣
They collapsed millions of times during their a few thousand years of existence
And it's still a huge threat to the entire West. Idk why and what they are worrying about
A convergence of troubling factors looms ominously over the China. From soaring inflation rates to potential bank collapses, severe droughts in the agricultural heartland, a looming recession, shortages ranging from food supplies to essential commodities like diesel fuel, heating oil, baby formula, and even available automobiles, alongside escalating living costs-all these elements seem to be aligning, painting a grim picture that could potentially culminate in a significant disaster by year-end, or even sooner.
Yeah, I read that China's property market accounts for a significant portion of their GDP. If it takes a hit, it might lead to reduced consumer spending and overall economic instability. I advice you consult with a professional about your investment portfolio.
I wholeheartedly concur; I'm 60 years old, just retired, and have about $1,250,000 in non-retirement assets. Compared to the whole value of my portfolio during the last three years, I have no debt and a very little amount of money in retirement accounts. To be completely honest, the information provided by invt-advisors can only be ignored but not neglected. Simply undertake research to choose a trustworthy one.
That's quite incredible! My p0rtfolio has been performing poorly and i've lost a significant amount of money, therefore I could really use their advice. Who is the advisor?
‘’Aileen Gertrude Tippy’’ is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.
Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.
Here comes the perfect planner for youtubers who want to get clicks and subscribers :
Monday, Wednesday, Friday : China is about to collaspe
Tuesday, Thursday, Saturday: China is threatening us
Sunday: have some french fries and take a break.
China's economy _is_ collapsing. I'm struggling to find any predictions of China's economic downfall that have ever said "China is going to be the poorest country in the world by next week and will cease to exist the week after that" but that's what people like you pretend everyone says. Chinese economic collapses are hardly rare events in history. You should be pointing out how dumb the predictions are because they're so easy to make.
1990. The Economist. China's economy has come to a halt.
1996. The Economist. China's economy will face a hard landing
1998. The Economist: China's economy entering a dangerous period of sluggish growth.
1999. Bank of Canada: Likelihood of a hard landing for the Chinese economy.
2000. Chicago Tribune: China currency move nails hard landing risk coffin.
2001. Wilbanks, Smith & Thomas: A hard landing in China.
2002. Westchester University: China Anxiously Seeks a Soft Economic Landing
2003. KWR International: How to find a soft landing if China..
2004. The Economist: The great fall of China?
2005. Nouriel Roubini: The Risk of a Hard Landing in China
2006. International Economy: Can China Achieve a Soft Landing?
2007. TIME: Is China's Economy Overheating? Can China avoid a hard landing?
2008. Forbes: Hard Landing In China?
2009. Fortune: China's hard landing. China must find a way to recover.
2010. Nouriel Roubini: Hard landing coming in China.
2011. Business Insider: A Chinese
2012. American Interest: Dismal Economic News from China: A Hard Landing
2013. Zero Hedge: A Hard Landing In China
2014. CNBC: A hard landing in China.
2015. Forbes: Congratulations, You Got Yourself A Chinese Hard Landing..
2016. The Economist: Hard landing looms for China
2017. National Interest: Is China's Economy Going To Crash?
2020. Economics Explained: The Scary Solution to the Chinese Debt Crisis
2021. Global Economics: Has China's Downfall Started?
2022. Cathie Wood: China's COLLAPSE Is FAR Worse Than You Think
2022. Business Basics: China's Economic Crisis, GDP is Crashing, Protests Everywhere. China's financial crisis is Here.
🤣🤣🤣
Massively underrated comment! lol
A lot of talk about economics but the people would be better off looking at the demographics of China. Fewer the people, higher the cost of labor which leads to businesses leaving to other places
2005: India the Tortoise will overtake China the Hare
@nmew6926 yeh in dreams 🤣🤣🤣
So, when he was talking about China's problems in securing energy imports, he completely ignored the massive economic agreements signed in the last 2 years between China and Russia.
Russia is providing China with as much natural gas, petroleum, coal and enriched uranium as the latter is willing to buy.
Don't forget that Russia doesn't have much infrastructure in the asian half of Russia. Also it doesn't seem like China needs all of the above that much, since they pressure Russia into humiliating discounts.
@@MrDarthImperius - My understanding from away is that big projects for pipelines are being constructed. And the last part of your message confirms my point. The video's author, not me, insists about China's problems in securing energy imports. Both of us do not agree with him!
yeah i don't believe China could be incapable of getting the oil it need, and all that malarca straigth talk is BS, look how nato is doing a embargo against Russia, yet russia oil pass suez none the less...
but shadow banking and financial crissis, yes i believe it will happen, but could be in 6month could be in 6 years.
Yes, Russia can provide what China wants. No shortages of energy but the problem is unproductive use of this energy for manufacturing surplus goods that can't by sold at a profit, and for building unnecessary and unproductive infrastructure. Although China is now in a strong position to bargain down the price of this energy, it still needs to think of ways to use the energy efficiently.
@@KhunAdam After the war against Ukraine from Russia, Ukraine should have destroyed a lot of energy and in the Russia. Therefore, it is questionable whether China will still import massive amount of energy from Russia.
In light of the ongoing global economic crisis, it is crucial for everyone to prioritize investing in diverse sources of income that are not reliant on the government. This includes exploring opportunities in stocks, gold, silver, and digital currencies. Despite the challenging economic situation, it remains a favorable time to consider these investments.
The pathway to substantial returns doesn't solely rely on stocks 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.
@@joshbarney114 I appreciate the implementation of ideas and strategies that result to unmeasurable progress. Being heavily liquid, I'd rather not reinvent the wheel, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
Finding financial advisors like Marisa Breton Dollard who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
bro wtf
This is a great video and your dedication is highly appreciated, it made me remember the first time I started my journey, my curiosity landed me with arbit pay and all I can say is I can't even believe how far my growth has being.
What is the arbit pay about and how exactly did it change your life?
A while back, my little boy was sick and I couldn't even pay hospital bills. 120k salary in a year. Saw an ad about arbit pay and I decided to try even if it's just 2k. I had this belief and it was like he was directly talking to me. About 24k in a six days. Took 20k to be sure I'm not dreaming 🤣🤣 🤣
Left the rest for another and it came out even better and in a month I already made more than what I get in a year, my son is doing well and everything is great. I don't like sharing these experiences but sometimes these job pays are really not good enough.
The safest approach is knowing what you are about to go into and knowing who would be dedicated to teaching and showing you your mistakes. Sometimes 120k in a year pay isn't much, so how do we go about our expenses not covered?
@@Stewartbuston Well, the arbit pay is it an app or where can I get in contact or connection, please.
Since Richard Nixon then Bill Clinton, America has been getting screwed ever since
Yet American consumers love cheap labor China. Just understand Walmart's growth over the decades.
Proves that the right size bribe will get you your own Congress!
Not America getting screwed. It is the ordinary working-class Americans getting screwed by the 2% elite rich Americans who control the country. They are the only ones with the money and connections to stand for elections The ordinary Americans are just suckers who are happy that they can vote, but only among the elite class who always look after themselves first. All the US Lawmakers are either millionaires or billionaires. The big corporations esp the military Industrial complex make billions of dollars by starting wars in other countries with the help of the US Lawmakers who received money from them. The real suckers are those taxpayer Americans and the army who are sent to other countries to get kill under the name of defending the US, which in actual fact is defending the interest of the Military industrial and the US Lawmakers' pockets.
US screwing itself. Don't blame china or anyone else.
Americans love cheap goods that are now becoming made in Vietnam,Philippines ,Mexico,Indonesia,Thailand and Cambodia.
What I'm curious about is that China was about to collapse starting in 1949, until it collapsed and became the second largest economy in the world.
17:48 second largest economy bcoz they imitate western products through their cheap, low quality Chinese 😅. COPYCAT
lol. it's like drugs for some ppl - china collapse.
This guy must be Gordan Chang's son in law...
a clone of gordon chang
Day dream
Somebody should tell Watson that he's got a very limited understanding of global economics. It was the World Bank which declared that more than 800 mil people were lifted out of poverty, a feat unprecedented in human history. Thus the World Bank & IMF & a great many think-tanks are able to obtain Chinese statistics but he isn't. That's his failing. Also he needs to be informed that China collapse theories have been published repeatedly for 32 years, including books put out by Gordon Chang & Peter Zeihan. These guys comprehend more about macro & micro economics than him 😅 & they're waiting still for China to slam into the wall.
So for the past 3 decades China's GDP grew by 9% per year on average. Presently her exports & imports make up 30% of global trade & 120 countries count China as their largest trading partner & that spells wealth for China & her manufacturing sector. Trade surplus is overwhelmingly in her favor.
Ask Tim Cook why he set up the largest Apple store in April 24 when China is crashing. Scholz, Macron & Yellen visited Beijing, twice in 16 months for Scholz, with their begging bowls. Tesla sold 1.7 mil vehicles in China since the set up of it's gigafactory. Is there any consumer power locally?
Hence, shifting your US lenses over to view Asia is the height of your ignorance. The lenses are badly scratched & you'll never comprehend why they work 669 & are incredible committed to grow richer & stronger, tariffs & chip controls notwithstanding. 5.3% GDP growth is Europe's wet dream. 😂😅
I love Gordon Chang !. He is right the collapse is coming .
I wish I could be Gordon Changs son in law.
I see these videos for years now!!! Are you really sure Aaron?! I am from Portugal and the only collapse i see is ours, Europe and USA!!!!
Decline might be a better term than collapse, for now. Pls see;
en.wikipedia.org/wiki/Historical_GDP_of_China#/media/File:China's_real_GDP_growth_by_decade.svg
China could stagnate around 3-4% GDP for the foreseeable future, while the West resites manufacturing. Xi will try to stimulate domestic demand but, even though, China has achieved impressive results in removing poverty and building a middle class, said middle class hasn’t the wealth to replace diminishing demand from the West over the next decade.
That's because you're better informed about those economies, which are open and have more accountability and transparency.
By contrast, China is extremely restrictive and is often misleading about its own situation.
A lot of guesswork results. The difference now however, compared with other crises, is that there won't be the same bailouts and stimulus. Therefore it really is serious, especially given the wider situation you refer to in the West.
It really is imploding there, perhaps I'm more aware of it because I'm located in the SE Asia and Oceania region.
You might think Europe and America is collapsing from what you see in the media but they are still Waaaay ahead of everyone else it is not even funny
@@deborahcurtis1385 I never been there but I trust u for no reason.
China is over
They been saying this for 30 years.
I have been hearing this from last 10 years
I have been hearing this for the past 20 years.
then you missed ten years of that😂
no
Gordon Chang have doing that since 2001
Hearing what? A ridiculous amount of debts that huge CCP China corporations are going to default? High unemployment rate? Hong Kong stock market plummeted to 50% while every market made record highs? I don't think these happened 10 years ago
But obviously, your intellectual level has remained the same last 10 years. Congrats.
Our economy is struggling with uncertainties, housing issues, foreclosures, global fluctuations, and the pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
With my demanding job, I lack time for investment analysis. For seven years, a fiduciary has managed my portfolio, adapting to market conditions, enabling successful navigation and informed decisions. Consider a similar approach.
This is definitely considerable! Do you think you could suggest any professionals or advisors I can get on the phone with? I'm in dire need of proper portfolio allocation.
@@ChloeCarter-kd7gz Just research the name Desiree Ruth Hoffman. You’d find necessary details to work with a correspondence to set up an appointment.
@@AshleyKeith-vw7ws I appreciate it. After searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.
@OliverLiam-px3vx "other currencies gaining traction", and yet China still needs USA dollars to transact with the world. Stop listen to propaganda. The US dollars are still being used worldwide, don't be fooled.
The title should have been: "why US economy is about to collapse". That's the reality.
Because the American economy is the best in the world and growing and the Chinese economy is falling, you can see the fan of Moscow and Beijing
@mateuszpitala9458 you're embarrassing yourself by saying this. Wake up!
The economic crisis is really worrying, especially with everything going on in the global economy.
Definitely, the current economic instability is causing a lot of concern. With factors like trade tensions and fluctuating markets, it's hard to predict what's coming next.
And the pandemic has only exacerbated things. It's led to disruptions in supply chains and forced many businesses to shut down temporarily or even permanently
That's true. And the ripple effects of these disruptions are felt worldwide. It's not just one country's problem; it affects everyone.
The massive government stimulus packages implemented to combat the pandemic's economic impact could have long-term consequences, like inflation.
Inflation is definitely a concern. It can erode people's purchasing power and make it harder for businesses to operate profitably.
The average wage in China is about half that in the US and EU, but you can buy twice as much for an hour of work compared to the US and EU.
Yea basically. U right haha😂. Idk about half the work tho. Wages are low but u really can buy alot from a day of work.
China is doing what OIL companies did to each other during the Great Depression in the U.S.
They are lowering their prices (devaluing the Yuan) and the U.S. won’t be able to compete.
China will be manufacturing planes, vehicles (EVs), electronics, and who knows about the medical equipment industry where my career is based in.
If they are able to sell way cheaper than the U.S. THE U.S. will not be able to compete.
China is doing what OIL companies did to each other during the Great Depression in the U.S.
They are lowering their prices (devaluing the Yuan) and the U.S. won’t be able to compete.
China will be manufacturing planes, vehicles (EVs), electronics, and who knows about the medical equipment industry where my career is based in.
If they are able to sell way cheaper than the U.S. THE U.S. will not be able to compete.
@@creatorofgods1668 ?What ? The US could never compete with Chain for manufacturing anything. Dont think thats really what the videos about.
Yes thats why their youth gave up and doesnt work anymore 🤣
Four days has gone by but China still stands. We need a new oracle.
Just Wait For It It's Going To Be Epic!
What the author doesn't seem to understand is that this is all internal debt to China. In other words they could just write it off. Doesn't matter how much it is. The only thing that matters is the external debt
any minute now... any minute....
it's coming, I swear!
🤣🤣
I has collapsed
When people are trying to cross the Darien Gap with kids to get away from a country, that country has collapsed
if what u think is always right， why ur living such a pathetic life？
I am not a fan of CCP. But do not expect China's economy to collapse. It did not collapse during the Cultural Revolution. It did not collapse during the Great Leap Forward. The Chinese people are resilient.
Well….”collapse” is a subjective term. But if millions starve due to lack of food, as happened in the Great Leap Forward….is that a collapse?
I would say yes. And the Chinese people are resilient, but have been poorly served by their government, as dictatorships have a long list of associated problems.
@banned29lean-w5r the Chinese civilization collapsed every 200-300 years - usually happened when the ruler is so inept and indifferent to the plight of the Chinese people. Xi is terrible by Western standards. But Xi is far more better than last emperor of each of the Chinese dynasties.
What are you talking about, China's economy completely collapsed during those times.
@@nicktaber2969 why don’t you define the word “collapse”?
@@jamesyoh1373 why?
Another Gordon Chang, China expert
China Expert😂😂😂😂
砖家。。。实锤了
Not even, this is low effort clickbait. I bet he didn't even do any original research and is just parroting stuff off some foreign affairs magazine.
@@hughmungus2760 yep, totally agree what u saying. He did 0 research, and he never come to china
Gordon? Is that you?
and it is the western stocks that collapsed today.
Is it?
then short the chinese stocks. short the currency, instead of getting .02 cents for each click.
We bought more and more made in China stuffs and people in Asia starting to go to China for vacation instead of Bangkok or Taipei, thanks for the substantial improvement on their service quality.
because china has its members on other countries that blocking those products from other countries not to enter because they only want only from china to prosper..
Total BS. Who would want to go to such cesspool polluted country. Can't even feel safe eating any food there.
China does not give AF about Asian tourist CCP wants Western tourists because they are heavy spenders and their currency are stronger than Asian ones but Western tourists no longer visit China.
I just went back from China, it is far away from collapsing as mentioned in your video
I Just went to china and is collapsing
@@rioluna6058 oh "genius"
@@rioluna6058 china is really thriving though
@@sls17662 is not
@@rioluna6058 sorry I'm late to the show.. still no collapse..still waiting..when that b? I'm dying for a date, big mouth. big liar? a bad prophet?
China is collapsing series starts at 2012.. after that this series get a new season each year 2013,2014 2015 until now 2024.. china is literally the only country in the world that keeps collapsing every year but also has a very high GDP growth 😂😂
😂😂😂😂😂我是中国人，我也崩溃了
Don't say that, CCP will find you@@沈乒乓-j8g
Any specific date & year?
soon (terms and conditions may apply)
the same day china collapses
In the next 1000 years
Some time before the heat death of the universe.
@@momentary_I love these kinds of people, they don't know shit.
China is failing!
Chinese people should stop the CCPEE.
Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
Things are strange right now. The US dollar is becoming less valuable because of inflation, and other powerful nations waking up to trade in their own currencies. Good thing is, a lot of people still turn to the Dollar because of the safety is somehow assures. I'm worried about my retirement savings of about $420,000 losing value because of these factors and more. Where else can we keep our money?
It's a delicate season now, so you can do little or nothing on your own. Hence I’ll suggest you get yourself a financial expert that can provide you with valuable financial information and assistance
Very true! I've been able to scale from $50K to $189k in this red season because my Financial Advisor figured out Defensive strategies which help portfolios be less vulnerable to market downturns
I find this intriguing. Could you please provide me with the means to get in touch with your Adviser? I am concerned about my dwindling portfolio.
Your adviser must be really good, I hope it's okay to inquire if you're still collaborating with the same adviser and how I can get in touch with them?
You are as good as Gordon Chang. When was the last time you visited China seeing the country with your own eyes. Your ignorance of the real China is astounding.
China GDP is not 18 billion. Don't you think you should understand your numbers first before making an educational/informative video about economics
And? dare to share your number or is it just your boring personal opinion?
@@MrGerdbrechtChina's GDP is trillions, a simple Google search would tell you that
China GDP as of 2023 stats is 17.7 trillion !.
In Germany the billion is english trillion. Thats a nice false friend that probably led to many fails.
10^0 = Eins
10^1 = Zehn
10^2 = Hundert
10^3 = Tausend
10^6 = Million
10^9 = Milliarde -> engl. Billion
10^12 = Billion -> engl. Trillion
10^15 = Billiarde
10^18 = Trillion
10^21 = Trilliarde
Thank you for your videos mate.... China's current economic struggles, marked by deflation and slow growth, have significant implications for global markets. As traditional economies face volatility, investors have a chance to diversify into assets like stocks and cryptocurrencies that offer both stability and high growth potential. Cryptocurrencies, in particular, act as a hedge against inflation and economic downturns, while strong stocks provide solid returns. More focus should be placed on day trading, which is less impacted by market unpredictability. Personally, I’ve grown 130K to 632K in just a few months through strategic trading, and I’m especially thankful to Milton Harper for his expert guidance in navigating this challenging financial landscape. Now is the time to invest in these resilient, high-potential assets for future success.
Milton Harper program is widely available online..
Milton Harper is among the best traders on the internet and I'll keep saying it every time.
Indeed, the recent market downturn serves as evidence that a vast majority of individuals lacked a sufficient understanding of the underlying financial dynamics at play.
He's really good in studying the market and making a strategy and i am learning so much from him already.
Best signal provider in the market. Knowledgeable, level headed no loss like some other traders who recently jumped on the bandwagon.
Chinese economy has been predicted to collapse for at least 15 years, whats new?
maybe no children anymore?
Is it still going to collapse, or going to collapse this time, or really this time, or a new collapse because the other times it didnt?
😂 I cant believe he actually named this video that. Surely he has to know that the "CHINA IS ABOUT TO COLLAPSE!!!" videos/articles are beyond parody at this point?
Gordon Chang must be on sick leave
I have been hearing this for years, still waiting.
It’s not “about to collapse.” It’s COLLAPSING!
Dude, you've been predicting economic collapse for 20 years now. Give it up.
Really? It is only since two years ago, after real estate collapse in China.
Really? It is only since two years ago, after real estate collapse in China.
Would your time be better spent on focusing, identifying and resolving US problems?
is collapsing for about 10 years by youtube every week the same thing we know is not happening
And it will continue to collapse in secret till the secret can't be hidden any further. After that it will be in complete free fall and witnessed by the entire world.
so this is from 1 month ago, hmmm, how come the chinese economy has not collapsed yet like you said it would?
China is collapsing since 2001, you just dont get it 😂
@@Raytracer96024 Yooo Bob, check out the average growth rate of China since 2001. If that is collapsing, then someone wrote down the wrong figures. Once again you are wrong, 3 vs zero. The average is somewhere around 8%, what's the United States?
@@iamric23 I was being sarcastic, we are on the same side bro
On a serious note, Im tired of hearing anti-China propoganda, ameriKKKans and the westoids have maxed out the the media-military complex stat and are loosing
@@Raytracer96024 beginning in 2024, 100 billion surplus in trade per month, yup their economy is definitely collapsing.
Great video! Thanks a lot Aaron❤
Thanks, bot
this is a terrible video duh
You are amazing Aaron! Where and how did you develop this perspective?
@@tanvisaraf2409 Source: trust me bro
We are living in a central planned economy where every good thing seems controlled, from real estate to stocks and now gold. I'm open to ideas how to safeguard and grow my wealth amid high inflation, can't let over a mil lose its value by just sitting in my bank.
buy bitcoin! it is decentralized and most secure, thus healthy competition among many miners
I think you're better off speaking with a certified market strategist, they can help with pointers on equities to acquire
Right, when it comes to situations like this, having a seasoned advisor diversify your portfolio for high performance is ideal and thankfully, I can attest to this approach, seeing my holdings of $800k grow by 240% in barely 3 years.
bravo! I've been getting suggestions to consider financial advisory, but where and how to find someone reputable has been challenging, mind if I look up the advisor guiding you please?
My CFA Jessica Lee Horst, a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
Very comprehensive video…well done, whilst the outlook is very scary!
I don't understand why China's economy is going to collapse. You mentioned that it is because of its debt, but it will mitigate this by devaluing its currency. However, a couple of points to ponder here is that China is still in a trade surplus (where exports exceed imports) as of April 2024. When China devalues its currency, it will only increase its trade surplus even further because they are incentivised to export more, which is a good thing as it typically causes an economy to grow.
Another thing that China can do is to stop its aggressive actions causing tensions in the South China Sea which only worsens the US-China conflict and affects their overall economy. However, you might think, why doesn't China stop being aggressive in the SCS. It is because should the Russian war turn awry, they have a backup plan to source the oil which is in the SCS. Either way, China is assured that it won't collapse and I believe if Russia wins the war, it will dwindle its attempts to reclaim the SCS. So let's hope NATO withdraws involvement from the Russian war so this madness can stop and everybody (except Ukraine) will be happy again. NATO's fear of Russia planning to invade Central Europe or even Western Europe is so stupid which only makes it appear that NATO (not Russia) wants to coerce the world into WWIII.
@ TheAyikita, looking at recent developments, it looks as if many companies have left China, for example, clothing companies which are now doing business in Portugal, Sri Lanka, India and Turkey. Many other manufacturing companies have left China as well. I think the situation is a lot worse than you realise
@@princebuster93 I believe these are simply anecdotes of small-medium companies. The bigger companies and conglomerates are still there. Again, I am looking at the data which in the case of China says their April 2024 trade surplus is still $72b dollars (unless of course this data is manipulated as China loves to misrepresent its economic data). It is also trying to recoup its property bust changing its narrative away from property which accounts for 1/3 of its GDP and into more financially secure assets such as stocks and bonds. Yes, it will make the current middle class poorer as the property values decrease but it's all part of the grand balancing act that I believe China will come out unscathed and as these financial assets provide attractive yields to investors, investors will flock once again, opening mom and pop stores, etc. That's just how it is. I mean why won't you, when your market is over a billion people.
China has an internal and external Yuan. A domestic devaluation might assist debt. However, the external yuan isn’t an international currency. The reserve currencies being the USD, Euro, Yen, GBP, AUD, CND and CHF (Swiss Franc). When a country’s internal economy falters, it is wise find an external fix. That’s why Argentina didn’t opt for the Yuan and BRICS. Sick as Argentina is, it has more chance to recover working with USD than the Yuan CNH.
@@petersinclair3997 Your "knowledge" astounds me. Bretton Woods. There is only one "Reserve Currency"
You are so STUPID
China's economy has been collapsing for the past 10 years is western analysts are asked
This video is 6 months old and China's economy is humming along and doing just fine. Makes me wonder if this video is what's collapsing.
Everyday sombody saying that China will colapse... yeah, ok.
在你说中国即将崩溃之前你应该先做一些功课，首先你要查一下中国全社会的用电量是否下降，这关系到人民的生活和制造业生产。第二，你要查一下中国的总体贸易数据，看看贸易额是否有严重下滑，看中国是否还保持着贸易顺差。第三，去一趟中国，看看中国排名前十的主要城市的街道是否干净，公共设施是否运转良好，有没有显而易见的流浪汉。
they have obviously have homeless people there.. been there already but is also true china will not collapse anytime soon
Previously, I thought this channel was a good, objective and trustworthy one. But now I know that this channel is a part of propaganda of Collective West (US & the gang), who like twisting data and fact for your own bad purpose & intention.
So unsubscribing this channel seems to be a good choice for me.
看看就好了，这套理论他们从上世纪九十年代就开始说，都三十多年了他们还没听出茧吗？😂
China consumes gutter oil... Stop it man
China forgot to buy more slaves.
This was a really well done video! :-) Thank you for all of your knowledge, research, fair reporting, and making it interesting & easy to understand. As a history major many moons ago I've come to appreciate someone who really knows their stuff. Kudos 🙂
We've been here the same story every month for at least more than a decade. Where is the collapse mr. Clickbait?
The US: China is collapsing
Also the US: China is a threat
What? These two things can't coexist bruh 🤡
Collapsing at night, threat at day. 😅
Can you define soon so I can hold you accountable for your prediction? Christmas? Jan 2026? Give me something to work with please.....
Hasn’t it been collapsing for years?
yes ever since Covid
Its gonna collapse tomorrow bro, trust me HHAHAHAHAAHAHAHAHAHAHAAHAHAHAHAHAHAHAHAHAHA
Fantastic content. Brilliantly composed and presented. Subscribed. Thanks you
As far as I can tell, Chinese EV technology is already pretty impressive.
After copying Tesla. They're good at copying and making small improvements on US tech.
but now the most advanced and biggest ev battery company are this Chinese company, how can they copy something the us hasn't invented yet？ same as Huawei 5G
Instability is being caused by our economy's struggles with uncertainty, housing problems, foreclosures, global swings, and the fallout from the epidemic. To reestablish stability and spur growth, all sectors must give rising inflation, slow growth, and trade disruptions their immediate attention.
With the US dollar losing value to inflation and other currencies gaining traction, uncertainty looms. Yet, many still trust in the dollar's perceived safety. Worried about my $670,000 retirement savings losing value, I seek alternative security for my money.
I don't have enough time for investment analysis because of my busy work. My money has been handled by a fiduciary for seven years; they have adjusted to market situations to help me navigate successfully and make wise decisions. Think about a comparable strategy.
This is undoubtedly significant! Could you perhaps recommend any experts or counsellors that I should speak with over the phone? I really need to allocate my portfolio properly.
Her name is “TERRI ANNETTE MOORE” can't divulge much. Most likely, the internet should have her basic info, you can research if you like
Thank you! I entered her full name into my browser, and her website came out on top. I filled her form and i hope she gets back to me soon.
By PPP standard, China's economy is twice the size of the USAs but I think its much bigger!
Lmaoooo nice one Gordon Chang 😂 can you give an exact date? I been waiting for 20 years listening to the same white noise
They said America would collapse my whole life and it’s still running.
Yes but communism always fails. Proven fact capitalism is better
@@justinpetersen5273China is no longer truly communist-it's just a name they retain. In reality, they have embraced many aspects of capitalism. I am from Singapore, a country that some might mistakenly label as "communist" simply because we have an authoritative government. Often, dictatorial regimes and communism are conflated, but this association is oversimplified. In Singapore's case, despite our strong government control, we are very much a capitalist economy. However, our leaders prefer to describe our system as "socialism with Singaporean characteristics."
@@AdrianCHOYsince when even singapore was considered "communist' literally we never even heard of singapore its unexisting😂we know only Thailand,Cambodia,Laos,Vietnam and Myanmar😂
@@rdrxpzz4022 that was really long time ago. Were u born in the 1970s? Our books were a bit different back then.
@@AdrianCHOY sorry bro nobody is interested in singapore😂😂😂😂
Exports up 7.6% from a year ago. This did not age well.
It would pay to study the whole picture before you pontificate and embarrass yourself.
Its not a great video. Its a nonsensical titled video. We just returned from one of our many business trip to China. And its very far from collapsing. Yes, real estates is going through excesses, leveling out now for the next decade but far from collapsing. Your video is full of contradictions.
His video just shows that the collective West so desperately and pathetically wants China to fail that when looking at 5.2% growth, they can come up with theories like "China's Economy is About to Collapse" and people still buy it, LOL. Gordon Chang continues to predict the collapse of China year after year, and gets featured on TV ALL the time even though the predictions are inaccurate for flat-out bonkers. But why???
Because Anti-China is a good business! It’s his making of those predictions that gets the media coverage and he makes a living from that. I don't think Aaron Watson is dumb enough to believe China's economy is actually about to collapse in the near future. But he knows TH-cam algorithm loves it and Westerners love hearing it
Are you certain-???🤔. All economies are experiencing hardships in (2024)
You don't need an education to grasp the concept that growth stimulated by cheap labor and exporting goods with global trade is fragile. A niche is only good if it can remain a niche. Rapid growth is unsustainable for the world, not just China. Every country has to realize that this world only has so much to offer, and while that is a lot, if your business model requires the abundance of resources to always be increasingly abundant, then you should expect that it will collapse sooner or later. If we build infrastructure that assumes that most of the people of the future are going to be able to live like millionaires and billionaires with massive amounts of personal luxury, then as that infrastructure gets utilized and needs maintenance we might realize that our plans not only won't be achieved but will bring all other possibilities that we had to extinction.
If you see and judge China , the same way you see the west, you are not ever going to understand the difference between the two countries.
Don’t be fooled
Yes, as the Chinese in the PRC (or most of them) know how to sacrifice and practice frugality.
Self-disciplined. Self-control.
@@retiredbees unfortunately, the west often mistakenly kindnesses as weaknesses.
@@tmy7231 So true, thank you.
@@retiredbeesChinese don't have rights because their CCP controls them.
I forgot to mention the tofu dreg construction, and also child labour and slaves.
3 month later, we are doing better than ever😂
Every lie has a price that eventually has to be paid
US has trillions of them
@@Xind0898 Raise that a trillion times more and that's what China has!
@@aznguy771 ha
Excellent analysis thank you
"Trust me bro it's gonna happen bro just any minute now"
if youre going to repeat "china is going to collapse soon" every week... whatever
Great video ❤
America is such a hater lol. It's becoming embarassing
Don't forget Peter Zeihan, another Gordon Chang in the China Will Collapse Clownshow.
Great work! Thank you so much
Wasn't it suppose to collapse last year?
Wait until 2032
it will collapse after two more weeks
@@zidan40o0 yeah sure lol
Yes, and 2 years ago, and 5, and 10
.
i answer this title: not gonna happen
In fact, China is very special, I have lived in the United States for two years, the same goods are much, much cheaper in China, the purchasing power of Chinese people seems to be no lower than that of the United States, China produces almost all categories of goods, and these goods are very cheap because they are sold locally without tariffs, except for imported goods, which are still expensive in other developing countries. Chinese people like to buy houses rather than rent houses, a lot of money is invested in real estate, and China does not charge property tax or inheritance tax, I think this is the reason why Chinese people do not like to consume.
china's collapse seems like a marathon now huh.
Won’t collapse but stagnate. China will face deflation and won’t be able to build sufficiently large consumer markets domestically to replace waning Western demand.
@@petersinclair3997you mean America？
3 months later, why China is still standing?? fxxk
Excellent content and mustache! Bravo! Bravo!
What non-sense is this? Total Amateur hour.
1) Capital that is fueling growth is drying up.
Don't know what you are talking about buddy. The investment portion of the Chinese economy and the absolute amounts of investment are as high as ever. The only thing going away is FDI which is becoming a smaller and smaller portion of total investment. It is almost totally irrelevant today.
2) Energy powering manufacturing is getting more expensive.
Energy imports have barely made a dent in China's ever growing merchandise trade surplus. A nation facing more expensive imports that it can no longer afford should have declining imports along with declining net exports. If energy getting more expensive actually mattered then why doesn't China's net exports ever reflect that.
3) Real estate bubble has crashed.
This one at least is true but what is the actual magnitude of effect. There is no more new GDP from housing construction but that just frees up people and resources to go do something more productive. On the surface GDP falls but in reality GDP growth is improving because the housing construction that looked like growth before actually wasn't. The actual effect of the housing bubble is backward looking. It means GDP before wasn't as high as people thought but GDP going forward is actually an improvement from the GDP before.
1) that internal investment is mostly unproductive and is being fuelled by debt. Debt to GDP is increasing as opposed to the GDP getting big enough to compensate. Unlike the yanks the RMB does not hold the global reserve status of the USD. They would have to inflate their way out. A lot of the debt is also off the books held by local govs trying to hit quotas by the central gov so its hard to comment on but its estimated to be magnitudes higher.
2) Labor has been historically so cheap that energy pricing hasn't factored in too hard when it comes to competition. Just over a year ago there were droughts that dried up some hydroelectric facilities. Production citites ground to a halt for quite a while. This will get worse over time but they are doing an okay job of diversifying here. That's one of the reasons the Chinese have supported the dictatorship in Myanmar as they get so much of there cheap gas from there through deals with the junta.
3)"here is no more new GDP from housing construction but that just frees up people and resources to go do something more productive" mate your common person in china mainly invests in housing. When houses people are paying off dont get built millions of people get drastically poorer. This means no money to invest and do something more productive. This is why the country has been grappling with deflationary possibilities. People arent spending money because so much has been lost, and this hasnt ended yer, its still popping. I'm not going to start on the GDP numbers, they're so obfuscated at this point that its hard to take what we see seriously. There are good numbers crunched by economists who just look at publicly available input and output data.
@@dekumutant You are just parroting talking points you heard but never examined critically.
1) Naturally returns on investment has to be lower when the economy goes from growing at 10% to growing at 5%. But this is not evidence of bad investments. A 2 trillion economy might be able to grow at 10% a year but a 20 trillion economy cannot. Similarly for investing, 2 billion dollars can be invested at much higher returns than 20 billion dollars. The very fact that a 30 trillion economy is generating 5% returns on itself when many economies 1/10 of that size cannot even generate a 2% return on itself tells you who has better investments. Then there is the matter of not understanding the role of debt in an economy at all. Debt is nothing more than a ledger system to keep score in an economic system. It tells you is how to split the harvest between all the participants. All of China's debt is internal and it is basically all inter government debt. There is not much consumer or private debt given that the Chinese private sector is extremely risk averse, both in terms of borrowers and lenders. So projecting issues from the US system with regard to debt to the Chinese system is a logical non-starter. China's internal debt is just a system for keeping score between all the different levels of government in China. They can solve all of that by resetting the scores between these different levels of government with minimal impacts to the private sector. How that will be done is a political power and incentives question between the different levels of the Chinese government.
2) Labor is cheap in China but not that cheap. Wage growth over the past 40 years has been something like 10% per year. The fact that Chinese products have only improved their competitiveness over time while wages have increased several thousand % tells you that productivity is growing at an incredible rate in China. That is the main reason the economy has increased 12 times in the last 20 years or so. Remember cheap labor while it explains a point in time competitive advantage, it doesn't explain GDP growth (a.k.a. how the economy becomes more productive over time). So cheap labor is not and never was an explanation for GDP growth. Energy costs have only ever gone up over the last 40 years since the oil embargos. The rate of increase is not any faster today than in the past (remember oil use to be like $5 a barrel that long ago). The Chinese have always grown their productivity at orders of magnitude faster than energy prices so it has had no noticeable effects on slowing the Chinese economy down. If oil price ever actually becomes a drag you should see Chinese imports, exports and net exports affected. Chinese imports and exports should fall and the value added by China in the supply chain starting from commodity inputs and ending at final outputs (proxied roughly by net exports) should shrink. There is no evidence of this at all. Post pandemic all three of these things just keep rising.
3) Sounds like you don't actually know the balance sheet status of Chinese households at all. The incomplete apartments are a drop in the bucket for the entire market. The amount of total Chinese savings is gargantuan. The Chinese save about 30% of their after tax income and have been doing that for the past 30 years or so. This housing bust makes barely any dent in their cumulative savings. Never mind the fact that the household sector on a cumulative basis isn't even close to losing money from real estate. The number of people that bought their houses at far below current market prices is far larger than the number people that bought their homes at close to current market prices. You don't seem to notice when they piled up 10% capital gains per year on their homes for the last 20 years and never spent any of that money. Now you are worried about a small portion of those cumulative capital gains they never spent going away with home prices falling by a tiny portion of what they rose by. Chinese consumption is mostly limited by their own lack of propensity to spend. In the longer term the housing bust is a rather minor contributor to that.
Rather than parroting the hacks who rely on preaching to a completely ignorant and uncritical audience, pick up some critical thinking skills so that you can actually think for yourself.
Money printer goes brrrr
Haha Chinese banks are weird. Ive left a dollar in my Chinese bank account years ago and its still there 😅 . Hilarious
China’s economy might not collapse but it will stall.
@rndrecords9832 yea .I used to work for a bank in the states before going to China. Alot of difference . American banks Usually close inactive accounts so. But yea
Congratulations, you have found a good profession for your financial success: by repeating "China collapse" rhetoric every year, and labeling China as "communist", you will be as successful as Gordon Chang.
Great info……!
Still waiting. . . .
Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
In particular, amid inflation, investors should exercise caution when it comes to their exposure and new purchases. It is only feasible to get such high yields during a recession with the guidance of a qualified specialist or reliable counsel.
True, initially I wasn't quite impressed with my gains, opposed to my previous performances, I was doing so badly, figured I needed to diversify into better assets, I touched base with a portfolio-advisor and that same year, I pulled a net gain of $250k...that's like 7times more than I average on my own.
@@williamDonaldson432 This aligns perfectly with my desire to organize my finances prior to retirement. Could you provide me with access to your advisor?
This aligns perfectly with my desire to organize my finances prior to retirement. Could you provide me with access to your advisor?
Rebecca Lynne Buie is the licensed advisor I use and i'm just putting this out here because you asked. You can Just search the name. You’d find necessary details to work with to set up an appointment.
China has gone through many hardship. This one is no difference. For those who wish China ill, Sorry you won't get it...hahahaa
Amazing vid & thanks
Chinese have had a much harder time before. This reporter do not understand Chinese culture.