A collapse has began!!! Rich people know this.... they are hedging... through hedge funds. It costs them about 6% a year to do this. Those that aren't rich are not hedge and are at great risk in the bubble of all bubbles with the debt at all time highs. The increasing prices have impacted my plan to retire at 62, The stock market's volatility, coupled with a reduced income, is making me anxious about having enough for retirement.
We are debt slaves. We are paying debts from borrowing done in our names, without our consent for the most part. But rather than get a bill in the mail, the interest is built into every good and service we buy. We are the embodiment of debt because the cost is paid by the very lifeblood of the consumer, earned over a strictly limited time called a life. We live on a prison planet.
I feel your pain mate, as a fellow retiree, I'd suggest you look into passive index fund investing and learn some more. For me, I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $110k in value stocks and digital assets, Up to 400k so far and pretty sure I'm ready for whatever comes.
Annette Christine Conte 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.
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing.. I will write her an e-mail shortly.
He is good. He is living in the past and the concept of "historical determinism". His mind is determined whatever is the evidence. He shld go and seeShanghai, Beijing, etc...
A Nation who is confident in her identity, united around a strong and intelligent leadership with long term views, and who refuses to subject her economy to foreign controlled financial markets will not collapse!
@@mehditaba6303 deflation is not a positive phenomenon. It reduces consumer spending, which causes businesses to close their doors and lay people off, which reduces consumer spending even further and causes a recession. China is one of the only countries, if not the only country that I am aware of at least, that has resisted a recession as a result of deflation.
Those who spoke or viewed China's development negatively are people who either had ill-intention toward China or did not do enough homework to grasp the full picture.
@@kevoreilly6557Chinese export to USA accounts for around 3% of China’s GDP, so hardly. It did help for sure, but it’s not a key factor, the key factors are being able to export to the world and implementing capitalism.
@@jamesz80 Then why is China trying to get back into the U.S market by using Mexico as their base for the companies products and labeling them as “Made in Mexico “
One and only one Professor Sachs has the courage to tell the truth. Professor Sachs is loved by people in the United States and internationally. We appreciate his work.
To tell his truth on Chinese TV doesn’t take much courage. I wish Americans/America would listen more to him, because he is right and what the US is doing is wrong. But Sachs is hardly ever invited on US tv.
Professor Jaf. Sachs had been trying too hard given his advices as a patriotic but those wealthy big guns will not listen, for the simple reason it will stirred their bowls.
I AM AN AMERICAN PATRIOT A BUSINESS MAN WHO HAVE BEEN TO CHINA. WE AMERICANS ARE LIVING IN A WESTERN WORLD AND A NATION OBSESSED WITH IDEOLOGY AND FUNDAMENTALLY BELIEVE WE ARE ECONOMICALLY POLITICALLY RACIALLY AND CULTURALLY SUPERIOR AND THE WHOLE WORLD SHOULD BE LIKE US. WE WILL NEVER ACCEPT THE CHINESE A COMMUNITY GOVERNMENT RUN BY COMPETENT ENGINEERS AND SCIENTISTS PRESIDING OVER A SUCCESSFUL SOCIALIST NATION CAN NOT ONLY BE THIS SUCCESSFUL BUT IS OUT PERFORMING EVERY WESTERN ECONOMIC MODEL,.OUT COMPETETING US IN ALMOST EVERY SECTOR.CHINES COLLAPSE THEORY IS ALL THE U.S HAS LEFT BECAUSE THE HUMAN INTELLIGENCE CAN NOT BE CONTAINED. .
Jeffrey Sachs is an impeccable scholar offering important advice to the world. Sadly, it is the Chinese who are increasingly listening to the likes of him and others such as Michael Hudson, etc. while the US champions Robert Murchoch and News Corp. And of course, Liu Xin is interviewing him! I have such great respect for them both.
A traitor that exposes the US’s shady crimes to save the human race! That makes him an international hero! Great job Prof Sachs for trying to save the human race from the evil empire!
The Chinese people must be so proud about how China as become a beacon for positive change in the world in the last 25 years. As a Western specialist in the Asian market, I eagerly await the unfolding of the next 20 years.
@tacticalmayo you seem to be a very confused individual. your comments are all over the place and indicate a confused lack of coherent ideology. stop trying to pretend you have an opinion
@@TacticalMayo Gordon Chang said one year left about twenty years ago - and he's a China "expert". I rather suspect your shot at 5 or 10 years has no backing whatsoever - but have a shot - give us some data. As far as your "reaching for the crown" remark goes I can only guess you mean a US (or maybe a Western) crown. Are you serious? Have an honest look at US / West data. There is not one data point that says there is a crown there. In its 2500 years of existence China has lived within its borders and is now re-emerging from a dreadful era as a pre-emminent country. Please read widely and learn about Asia. There is much to learn.
Belt & Road is smart because regardless of intent or outcome you can’t claim it’s just aid to the rich of a poor country. The poor take trains, use roads and etc. When West gives aid it typically goes to rulers or rich of a poor country. China just needs to expand its own middle class. That interview was excellent & Jeff Sachs is a brilliant decipherer of economics and history.
USA was criticizing China for building a big container shipping port near Lima, Peru. USA spreads influence by bombing and organizing color revolutions and assassinations while China improves infrastructure. Why USA is getting so unpopular I just can't figure out.
Unfortunately, the U.S. MSM Fake News would not broadcast his views bcz the U.S. gov't would only brainwashing the Americans of anti-China rhetoric via MSM Fake News
Always a pleasure listening to professor Sachs views on current economic situation and tension between China and the USA. The US's hegemony over China, not just China but western hegemony over the rest of the world it's absolutely disgusting and need to be stopped. World need to work together, helping eachother to develop a much fairer and healthier economy, not dominant continuously by imperialism of the west, suppress the rest. World is changing, our planet is sick by humanity's greed, and everyone else is suffering, that's not good, learn to share, preserve and cherish so we can go further, destruction seems the only thing we are doing so well right now, it's pathetic and sad...
หลายเดือนก่อน
Sachs was part of the team behind "shock therapy" in Russia that failed spectacularly. And after that he's been telling how it's everyone else that failed, not him.
And yet it is China that is constant conflict with its neighbors, Japan, Taiwan, Vietnam, Australia, Philipines and India while USA is friends with all of them. China allies seem to be Russia and Iran? You are known by the friends you keep.
harris or trumpf - no one can affect china n world don't care indian harris german trumpf irish biden kenyan obama italian peloci ... all ok - just don't dare bring us nukes n starvation - china is nuke power china is supply power - we hire u to kiss xi - do u r job or u'll be jailed n u r money nationalized god made one adam one eve god made incest evil god abraham religions christian jew muslim r the only colonist criminals on earth ever - immigrate back home to origin - n hand over whole pacific n half atlantic like british hongkong n portuguese macau n american taiwan mideastern indonesia malaysia n spanish philipine n the americas newzealand australia also - u stole from the natives u stole from china because they came from china - world will reset religion - superstition is really bad jesus is just a jew who died horrible on the cross do u want to be like jesus buddha is just an indian who left palace for a tree do u want to be like buddha
In my efforts to understand the emergence of Donald Trump as a political phenomenon in the United States, I have come to the conclusion that Trump is the Avatar of the United States. One of Trump’s traits, which is also a strong American trait, is the belief that if they lose a contest, it can only be because the other side cheated. I remember that attitude coming out when they discovered that the Japanese were building better cars than American automakers.
The flip side is that they always think they win because they are the better player, not that they have crappy opponents. Washington DC didn’t inherit the imperial throne after WWII because they were more competent, but because they were literally the last one standing, protected by geography, not superior skill. The same with the Cold War with the Soviet Union. The US prevailed not from any better strategy, but from the USSR's own dysfunction. The US had zero expectations of their collapse and wasted a decade on neoliberal crisis management that played a large role in the rise of Putin. The US spent over four decades challenging the Soviets, yet was clueless when the Berlin Wall came down, because all they know is war. Peace is never positive according to their mindset; it merely a ceasefire until the next round.
It is funny how the US now has a hard time playing the capitalist economy game. I guess that by US standards the game is considered fair as long as the US wins. We are witnessing an Empire declining ; an Empire that, in historical terms, will not have lasted that long. It will take some time but it's fading. Trump election is in many ways a sign of decline.
Then y'all wonder Los Angeles in California is now called HOMELESSVILLE, with millions of homeless tents scattered all over the place, and is now rapidly spreading into neighboring Santa Monica, Beverley Hills and Malibu Beach as well. Anyone that arrives by plane into LAX will immediately see the homeless tents on West Century Blvd near the LA Airport Hilton hotel as well. What an embarrassment to the USA as well, and it needs to be cleaned-up as well.
Completely false re the charging time (solid state batteries are not here yet and the US is well ahead there) Their vehicles are state subsidized to a huge extent, which is why the world is imposing tarrifs!
@@michaelgarty3812 If I am wrong about charging time, what is the charging time? because of pending tariffs, China is no longer exporting rare earths to the US, rare earths are used in many US industries. China produces 60% of the world supply of lithium batteries. Hawaii phones have better security than IPhone. US tariffs on China will hurt US more than China. Trump should get China to setup factories in the US, I think. China accepts for payments newly printed dollars. what’s the problem? Send money to China instead of Ukraine and Israel, for 4200 years, China has never tried to run other countries, they like to keep to themselves
The US suffers with Envy Syndrome. the US is in its dying death throes & is living in fear. I wish that Australia would look more towards East Asia & join BRICS, leaving the USA behind.
@@jamesz80china from the outside true doesn’t look great at all. Corrupt government as bad as ours , lots of poverty still there no? Odd social and racial issues , authoritarian gov I don’t know doesn’t seem great. Can you even get on TH-cam or Facebook there? Can you speak bad about the government?
The US economy, through "hedonic replacement" under measure of inflation is dramatically overstating its growth While China is doing the opposite. Every year the same price gets you a better phone, more features in your car, more energy efficient fridge. "Deflation" in China is driven by absolutely massive falls in energy prices and supply chain efficiencies. The gini coefficient measuring inequality is actually falling. So a middle class Chinese person is growing their income far faster than the headline GDP numbers _and_ that income buys higher quality things. The exact opposite is true in the US.
God bless, the United States of America 🇺🇸 lot of opposition coming on a US social media platform nowadays this his going to come to an end that's for sure. Don't come with that freedom of speech stuff. You aren't American that's not our problem.
Purchasing power is something to look into, not just for consumers, but also producers and institutions who are purchasing physical goods and services. The circular economy as it is.
@thisiskevin1000 Indeed. When producers buy raw materials and components to make thinks having deflation means the price they can charge has in effect gone done and could be less than the cost of manufacture
Belt & Road is smart because regardless of intent or outcome you can’t claim it’s just aid to the rich of a poor country. The poor take trains, use roads and etc. When West gives aid it typically goes to rulers or rich of a poor country. China just needs to expand its own middle class
One thing I think is very important but rarely spoken about is the extraordinary education system in China, from the youngest all the way up. In USA is worse than I could have ever imagined. Also the morals.
It’s great with STEM education, but that education system is also flawed in that it does not cater for the needs of those who are not good at STEM. It’s also pushing everyone to get high test scores instead of pursuing their own interest and encouraging entrepreneurship and innovation. The latter is what the US is still better at, partly because the US is able to attract the best talents from around the world.
We just have to admire Prof Sachs for being such an honest person. He symbolizes the BEST OF THE WEST. If only more people like him is able to be the decision-makers/ the policy makers/the top politicians in Western world, the whole world will be in much better place. Unfortunately many current Western Leaders have been corrupted by money and greed.
I moved to Japan in early 1986 (following the Plaza Accord) when the yen was 230/dollar and within 1 year, is strengthened to 85 yen, then settling back to 120. Congratulations, America. You certainly crippled Japan.
Yes. Unlike Japan though, China has the means to avoid what it could not, which is the threat of economic sanctions. If the US decides to impose sanctions, China has its own system to conduct transactions.
@@Sonyhamster Notice the people in Japan know nothing about the true history of what really happened with Japan in WW2 and what Japan did to China in the 1930s and 1940s, their government alters the true history to hide Japan's guilt and to glorify U5A, maybe under the order from U5A to keep Japanese people devoted to their government who is being paid by U5A to keep quiet and obedient to follow orders from U5A.
Sadly that is the entire history and culture of the USA, a modern day vulture, it represents wars, death, jan no side and destruction, it is the largest sponsor of global terrors.
US is generally in denial about its superiority in many things including manufacturing, energy, space, agriculture, transportation, trading, automobiles, EV, space travel etc. May be too late to catch up again.
And fiercer competition even from America’s own allies. Globalization also benefit the Global South nations and regions which adds more heat in the competition.
Prof Jeff never fail to impress us with bare cold truths..so knowledgeable n indepth in his analysis we learned so much from him..God blesd you Prof. We are so proud of you
Totally the human hope for the planet. Bravo to our Chinese brothers and sisters , to the management of Point, to guests like Professor Sachs. A.B. Strehli
I would love to have a BYD. Instead we have trump tarrifs we are stuck with T, rivian and the big 3. All ridiculously unaffordable to the average American. Instead the oligarchs are making out like bandits and the American dream is alive and we'll for those 2%...And we are supposed to be patriotic while they rob us blind. US exceptionalism is dead.
Professor Sachs is a refreshing, welcome voice in presenting perspective on the China presented in the US media. As a student of Traditional Chinese Medicine I have always been a skeptic of the rhetoric here in the US with respect to all things Chinese. How do you deal with a Donald Trump and his megaphone? Interesting times ahead. Let truth and reason prevail.
Wow.. is this guy being paid by Chinese government or media? He mentions all the facts that are known to everyone but he did not even mention one area China’s should improve.. it is very well staged and call in interview.. what a joke. Japan suffered past 30 yrs due to US bullying? Really Japanese are that stupid?
Agreed. She's been interrupting Professor Sachs before he could finish off his explanations. Also she should make her questions briefer without loss of the points she wants to raise. Does not give me any pleasure pointing this out as I consider her to be very good and articulate in English for a Chinese journalist.
Why is that a bad thing? China is doing the right thing investing in innovation, infrastructure, and it's most important resource...real people. We should learn by example.
China STEM graduates 5,000,000 a year US STEM graduates 450,000 Not to mention China's great leap forward into space... amazing innovations there... leaving Uncle Sam behind to eat China's dust. 😂
Great effort to educate the people of America and of the world on what really goes on in China. When compared to my other sources, Professor Sachs's take on the Chinese economic phenomenon is accurate, factual, and because of the solid. Liu Xin is an excellent interviewer who without leading Sachs or an agenda, asks pertinent questions for him to address. We no longer have this kind of media worker in America.
Notably, China's foreign trade is increasingly characterized by a shift toward being "green," "intelligent," and "innovative." Supported by a comprehensive manufacturing system, China not only efficiently and cost-effectively meets the diverse needs of global markets but also enhances production efficiency and product quality through intelligent manufacturing and digital transformation. This technology-driven upgrade has enabled "Made in China" products to shed the label of "cheap," achieving a balance between quality and affordability that improves its competitiveness in international markets.
Urgent: Our nation, the USA, is in danger. Let’s not ignore the truth anymore. I am speaking on behalf of millions of American-born heroes, whose ancestors were Africans, Arabs, Asians, Hispanics, and even white Americans in some cases. These are the voices of a world where the USA wages war on every country to halt their progress. A true leader leads by example, not through violence. My family, like countless others, carries the deep scars of war. I never got to meet most of my relatives or grandparents-lives torn apart by violence I had no part in. We’re doctors, scientists, veterans, lawyers, and professionals, yet we’re told to “go back home,” even though the USA is the only country we’ve ever known as home. How many more families must suffer? How many more children will grow up without a home, a history, or a future? Will Israel continue dismantling nations, creating refugees, and leaving destruction in its wake? The result: Netanyahu gaining unchecked power, turning even America into a nation controlled by dictatorship. In a few decades, the USA will be a minority-majority nation, with over 60% being minorities. Who will lead then? Leaders in Congress are already bought and paid for by AIPAC, serving Israeli interests instead of American priorities. Our nation is being sold piece by piece, and our future is being destroyed by wars that only benefit foreign powers. This endless cycle of war, destruction, and hate must end. We cannot build a future on fear and division. America’s survival depends on peace, truth, and unity-not on the devastation of innocent lives. Thank you for sharing this raw and necessary truth in your video.
China gets a lot of bad press in the West. It’s just jealousy in my opinion. I lived in China for a few years and was very impressed with their development and work ethics. It was a good experience for me and I hope they will continue to grow and better the situation for their people. Yes it’s mere rhetoric the so called collapse. Agree 100% with the Professor.
Amerikkk destroyed thriving black communities in the early 1900’s America thwarted the rapid growth of one of her closest allie in the asian region Japan. Now she’s going all out to stiamied china’s growth. Mr, sach’s said it best. In Amerikkk eyes you communities and nations are getting to upity 😢
@ 18:00 i have to disagree. We need to address the ideology. The obsession is that one economic system system promotes greed the other economic system tries to stop greed. in the United States capital greed is encouraged. in China, Hopefully the communistic approach controls human greed.
Shemma? Xi Jinping has a reported net worth of over $1B…. The greed and elitism are the same in both countries. And the fact that Chinese citizens cannot even post directly on this channel speaks volumes of the repression.
For 50 years we have been complaining about the quality of the air in our cities and about pollution, the Chinese seem to have a viable solution for the electric car. But here we are, we would rather continue to pollute than fatten the Chinese economy.
China's main issues: 1. Demographics are pretty bad thanks to urbanization and one child policy; 2. High total debt as a percentage of GDP. 3. One political party system: hard to be flexible, hard to provide alternative opinions, untruthful information regarding their economy, disappearing high ranking politicians and businessmen, etc. 4. Confrontation with the USA. 5. Not low labor cost producer any more. But they're still huge and will remain huge for a while.
The CGTN reporter's questions seem lack of inside of China economy in comparison to professor's understanding. China's universites must invite professor to speak to students.
China doesn't recognise democracies. They are just satrap's of America. Democracies of the world beware. You will exchange "American " occupation for Chinese, Russian or North Korean
From Asia , I really applaud Professor Jeffery Sachs for his candid, unbiased insights about China's economy and financial standing . A lot of western commentators, apart from Cyrus Janssen and Bredon , tend to give false propaganda about everything on China . ❤❤❤❤
🇺🇲 isn't going to have any quality qualified candidates to run 🇺🇲 much less 🌎 Affairs I've seen this before where insecurities won't allow the help of intelligent candidates for the fears of being surpassed 🤔❤️
The problem the US always had: it compares other economies function in accordance to how its economy functioned and expects anyone who does not do the same as them to collapse. On one hand it is arrogance, after allt he USSR fell and had a different means of economic organization (though the reason was far more complicated, went back decades of bad leadership down to stalin with no deng equivelant, and geopolitical factors) and the other hand is fear, the Us is terrified of any alternative economic system of having any success to their model as it threatens it's shift to a second global gilded age. It's doing with with the EU (despite having a similar system but has public functions, something the US cannot tolerate because it does not want its people to point at the EU and ask why they can't have healthcare and higher education) and it's even more terrified by china that has a system where the political system is above the economic system. Any system, regardless of how good or flawed it is, that puts billionaires below anything terrifies it. And that can explain every single move of the US, from it's coup in chile against alliente, to the proxy wars, to the monroe doctrine, etc. And keep in mind, this is not an endorsement of china, it has a long way to go to, especially in terms of internal policy, but the future is always in flux. I cannot predict a betterment or worsening, because, multiple internal and external factors will be at play to cause said move. Thus I keep my analysis to the one thing I can believe in: do not jusdge one system byt he metrics of another.
Western countries are very charitable, they like to help other people and countries in needs.. Let's create a me funding account for China's economy because Western media great for charity as well. Pass a bucket to help the new wave of Chinese immigrants in the States...
@@floras9203Don't come here. That's the thing we know what y'all doing. Especially when you're moving up to Midwest where the silos are. We know what's up we're on to you
Well I have to go to China to see for myself. I have to say I have asked for very simple information related to the visa and it took four requests to get an answer. I wasn't expecting that. That was just strike one. Let's hope we see more efficiency in the future.
Usa doesn't have fast rail due to political reasons to highways receiving all money and railways not getting almost no funding for practically 125 years
Wow! For a guy who can't speak Chinese, Arabic or Ukrainian and never lived in any the countries he talks about is impressive. He knows everything all from his apartment in New York.
A collapse has began!!! Rich people know this.... they are hedging... through hedge funds. It costs them about 6% a year to do this. Those that aren't rich are not hedge and are at great risk in the bubble of all bubbles with the debt at all time highs. The increasing prices have impacted my plan to retire at 62, The stock market's volatility, coupled with a reduced income, is making me anxious about having enough for retirement.
We are debt slaves. We are paying debts from borrowing done in our names, without our consent for the most part. But rather than get a bill in the mail, the interest is built into every good and service we buy. We are the embodiment of debt because the cost is paid by the very lifeblood of the consumer, earned over a strictly limited time called a life. We live on a prison planet.
I feel your pain mate, as a fellow retiree, I'd suggest you look into passive index fund investing and learn some more. For me, I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $110k in value stocks and digital assets, Up to 400k so far and pretty sure I'm ready for whatever comes.
Can you share details of your advisor? I want to invest my increased cash flow in stocks and alternative assets to achieve financial goals.
Annette Christine Conte 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.
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing.. I will write her an e-mail shortly.
Prof. Jeffrey Sachs, is a sage of the world, representing the voice of human and world peace. May prof. Sachs in good health always.^^^
He's a traitor.
@@TacticalMayo Such ignorance.
@TacticalMayo 😂"traitor"😂 to your US-LED WEST BS About China ???
😂
@horridohobbies far from it, ignorance means uneducated in the fact.
@@TacticalMayo same was said to every founder of usa
What I like from Prof. Sachs is his honesty. He speaks the truth, and does not hide the miseries of US politics
He is good. He is living in the past and the concept of "historical determinism". His mind is determined whatever is the evidence. He shld go and seeShanghai, Beijing, etc...
A Nation who is confident in her identity, united around a strong and intelligent leadership with long term views, and who refuses to subject her economy to foreign controlled financial markets will not collapse!
China sharing prosperity with African countries, US no!!
Great leap forward?
rah rah... yawn
The only question now is who will collapse first, China or the USA. China has subprime times 10 and the US has corruption times 10
Weimar Germany … was all that and ended in a disaster
US economy is mostly housing and stock market. Little production, extremely low savings and high consumption. Very shaky grounds.
Very high consumption? Sounds like a country I can make a profit from. As opposed to a country with low consumption and deflation
@@Andy-P Good luck with that consumption with middle class with no savings, getting poorer by the day, and prices increasing.
@@cockyrustler I read that the American economy grew and Trump will bring back industry to America so they can earn more money?
@@Andy-P Deflation is always a positive phenomenon. They got you my friend with fake news.
@@mehditaba6303 deflation is not a positive phenomenon. It reduces consumer spending, which causes businesses to close their doors and lay people off, which reduces consumer spending even further and causes a recession. China is one of the only countries, if not the only country that I am aware of at least, that has resisted a recession as a result of deflation.
Those who spoke or viewed China's development negatively are people who either had ill-intention toward China or did not do enough homework to grasp the full picture.
Giant competitor for US!
Huh? China access to the US market is the number one thing that drove its economy coupled with the ability to run its own protectionist economy
@@kevoreilly6557Chinese export to USA accounts for around 3% of China’s GDP, so hardly. It did help for sure, but it’s not a key factor, the key factors are being able to export to the world and implementing capitalism.
@@jamesz80 Then why is China trying to get back into the U.S market by using Mexico as their base for the companies products and labeling them as “Made in Mexico “
The problem is not China but the Chinese state. It needs to become a Parliamentary Democracy instead of an authoritarian fear based State.
One and only one Professor Sachs has the courage to tell the truth. Professor Sachs is loved by people in the United States and internationally. We appreciate his work.
To tell his truth on Chinese TV doesn’t take much courage. I wish Americans/America would listen more to him, because he is right and what the US is doing is wrong. But Sachs is hardly ever invited on US tv.
Fairy man with his predictions about China's economy
china is in decline 😢 Sad
@@fun2222Sach's is gay 🌈 sparkly ✨ fairy 🧚
Professor Jaf. Sachs had been trying too hard given his advices as a patriotic but those wealthy big guns will not listen, for the simple reason it will stirred their bowls.
I AM AN AMERICAN PATRIOT A BUSINESS MAN WHO HAVE BEEN TO CHINA. WE AMERICANS ARE LIVING IN A WESTERN WORLD AND A NATION OBSESSED WITH IDEOLOGY AND FUNDAMENTALLY BELIEVE WE ARE ECONOMICALLY POLITICALLY RACIALLY AND CULTURALLY SUPERIOR AND THE WHOLE WORLD SHOULD BE LIKE US. WE WILL NEVER ACCEPT THE CHINESE A COMMUNITY GOVERNMENT RUN BY COMPETENT ENGINEERS AND SCIENTISTS PRESIDING OVER A SUCCESSFUL SOCIALIST NATION CAN NOT ONLY BE THIS SUCCESSFUL BUT IS OUT PERFORMING EVERY WESTERN ECONOMIC MODEL,.OUT COMPETETING US IN ALMOST EVERY SECTOR.CHINES COLLAPSE THEORY IS ALL THE U.S HAS LEFT BECAUSE THE HUMAN INTELLIGENCE CAN NOT BE CONTAINED.
.
If every country is like you, then you are not so unique anymore, are you 😂
No need to shout.
You should use normal letters!
The fact that you said all that at the beginning is proof enough that you are not American. We don't talk like that. We don't do none of that.
I DONT KNOW WHAT WE'RE YELLING ABOUT!!!!
Jeffrey Sachs is an impeccable scholar offering important advice to the world.
Sadly, it is the Chinese who are increasingly listening to the likes of him and others such as Michael Hudson, etc. while the US champions Robert Murchoch and News Corp.
And of course, Liu Xin is interviewing him! I have such great respect for them both.
He's a traitor
Yeah sadly the Americans aren't treasonous dogs that side with the Communist. I mean are you f****** serious?
Agreed.
@tactical mayo wow you have a rude awakening coming in the next decade. 🤣
A traitor that exposes the US’s shady crimes to save the human race! That makes him an international hero! Great job Prof Sachs for trying to save the human race from the evil empire!
The Chinese people must be so proud about how China as become a beacon for positive change in the world in the last 25 years.
As a Western specialist in the Asian market, I eagerly await the unfolding of the next 20 years.
There's about 5 years left, maybe 10. Reaching for the crown thinking everything will be sweet LOL. Oh boy!🤣
@tacticalmayo you seem to be a very confused individual. your comments are all over the place and indicate a confused lack of coherent ideology. stop trying to pretend you have an opinion
@@djangofett4879 Yes, I too have found his excrement all over TH-cam.
@@TacticalMayowhat are U about BiG head bud???????
@@TacticalMayo Gordon Chang said one year left about twenty years ago - and he's a China "expert". I rather suspect your shot at 5 or 10 years has no backing whatsoever - but have a shot - give us some data. As far as your "reaching for the crown" remark goes I can only guess you mean a US (or maybe a Western) crown. Are you serious? Have an honest look at US / West data. There is not one data point that says there is a crown there. In its 2500 years of existence China has lived within its borders and is now re-emerging from a dreadful era as a pre-emminent country. Please read widely and learn about Asia. There is much to learn.
Belt & Road is smart because regardless of intent or outcome you can’t claim it’s just aid to the rich of a poor country. The poor take trains, use roads and etc. When West gives aid it typically goes to rulers or rich of a poor country. China just needs to expand its own middle class. That interview was excellent & Jeff Sachs is a brilliant decipherer of economics and history.
USA was criticizing China for building a big container shipping port near Lima, Peru. USA spreads influence by bombing and organizing color revolutions and assassinations while China improves infrastructure. Why USA is getting so unpopular I just can't figure out.
Looks at all the money Zelinsky has personally taken in comparison
“It may be dangerous to be America's enemy, but to be America's friend is fatal.” - Henry Kissinger,
rip Japan, Ukraine, Germany and France
Um...why? Any kind of explanation? I mean, in the context of when Kissinger had said this?
Excellent and insightful rogram .
Bravo to Prof Sachs, a truthful scholar
A very good rogram indeed!
As always, Professor Sachs is spot on! 👍
Unfortunately, the U.S. MSM Fake News would not broadcast his views bcz the U.S. gov't would only brainwashing the Americans of anti-China rhetoric via MSM Fake News
I believe too ...China can maintain positive economy for next 100 years😊
Always a pleasure listening to professor Sachs views on current economic situation and tension between China and the USA.
The US's hegemony over China, not just China but western hegemony over the rest of the world it's absolutely disgusting and need to be stopped. World need to work together, helping eachother to develop a much fairer and healthier economy, not dominant continuously by imperialism of the west, suppress the rest. World is changing, our planet is sick by humanity's greed, and everyone else is suffering, that's not good, learn to share, preserve and cherish so we can go further, destruction seems the only thing we are doing so well right now, it's pathetic and sad...
Sachs was part of the team behind "shock therapy" in Russia that failed spectacularly. And after that he's been telling how it's everyone else that failed, not him.
And yet it is China that is constant conflict with its neighbors, Japan, Taiwan, Vietnam, Australia, Philipines and India while USA is friends with all of them. China allies seem to be Russia and Iran? You are known by the friends you keep.
Its not a misunderstanding, its a 'hope' a 'wish' , fuelled by pure racist jealousy.
harris or trumpf - no one can affect china n world don't care
indian harris german trumpf irish biden kenyan obama italian peloci ... all ok - just don't dare bring us nukes n starvation - china is nuke power china is supply power - we hire u to kiss xi - do u r job or u'll be jailed n u r money nationalized
god made one adam one eve god made incest evil god
abraham religions christian jew muslim r the only colonist criminals on earth ever - immigrate back home to origin - n hand over whole pacific n half atlantic like british hongkong n portuguese macau n american taiwan mideastern indonesia malaysia n spanish philipine n the americas newzealand australia also - u stole from the natives u stole from china because they came from china - world will reset
religion - superstition is really bad
jesus is just a jew who died horrible on the cross do u want to be like jesus
buddha is just an indian who left palace for a tree do u want to be like buddha
Yes yes yes
Nope. Just the clash of Empires stuff which is as old as the brick.
Yup.
China should be acknowledged and respected. Too bad we live in a bubble inside the Murdoch's digestive system
In my efforts to understand the emergence of Donald Trump as a political phenomenon in the United States, I have come to the conclusion that Trump is the Avatar of the United States.
One of Trump’s traits, which is also a strong American trait, is the belief that if they lose a contest, it can only be because the other side cheated. I remember that attitude coming out when they discovered that the Japanese were building better cars than American automakers.
The flip side is that they always think they win because they are the better player, not that they have crappy opponents. Washington DC didn’t inherit the imperial throne after WWII because they were more competent, but because they were literally the last one standing, protected by geography, not superior skill.
The same with the Cold War with the Soviet Union. The US prevailed not from any better strategy, but from the USSR's own dysfunction. The US had zero expectations of their collapse and wasted a decade on neoliberal crisis management that played a large role in the rise of Putin. The US spent over four decades challenging the Soviets, yet was clueless when the Berlin Wall came down, because all they know is war. Peace is never positive according to their mindset; it merely a ceasefire until the next round.
Trump won't be able to pursue his big threat for long because the Americans will have to suffer the most and Trump will be impeached
Wrong, America has a Doctrine that States, No country can equal or better American Technology, Economy, Trade!!!
PAX Americana or USA Total World dominance. @@timetraveller885
Except for the Ford F150 which has outsold everything on the planet.
It is funny how the US now has a hard time playing the capitalist economy game. I guess that by US standards the game is considered fair as long as the US wins. We are witnessing an Empire declining ; an Empire that, in historical terms, will not have lasted that long. It will take some time but it's fading. Trump election is in many ways a sign of decline.
Then y'all wonder Los Angeles in California is now called HOMELESSVILLE, with millions of homeless tents scattered all over the place, and is now rapidly spreading into neighboring Santa Monica, Beverley Hills and Malibu Beach as well. Anyone that arrives by plane into LAX will immediately see the homeless tents on West Century Blvd near the LA Airport Hilton hotel as well. What an embarrassment to the USA as well, and it needs to be cleaned-up as well.
Chinese latest EVs go 500 miles on one charge, charge in 5 minutes, and cost 50% that of an equivalent Tesla. WOW 😮
lol …
Completely false re the charging time (solid state batteries are not here yet and the US is well ahead there) Their vehicles are state subsidized to a huge extent, which is why the world is imposing tarrifs!
@@michaelgarty3812 If I am wrong about charging time, what is the charging time?
because of pending tariffs, China is no longer exporting rare earths to the US, rare earths are used in many US industries. China produces 60% of the world supply of lithium batteries. Hawaii phones have better security than IPhone.
US tariffs on China will hurt US more than China. Trump should get China to setup factories in the US, I think. China accepts for payments newly printed dollars. what’s the problem? Send money to China instead of Ukraine and Israel, for 4200 years, China has never tried to run other countries, they like to keep to themselves
Baloney
@@dannyboy480-y4m not baloney, you haven’t looked into it. China just took the lead in robotics,
The US suffers with Envy Syndrome. the US is in its dying death throes & is living in fear. I wish that Australia would look more towards East Asia & join BRICS, leaving the USA behind.
Envy of what?High unimployment and low living standarts?
@@BrunoHeggli-zp3nlI don’t know where the low living standards come from, you obviously haven’t been to China.
@@jamesz80china from the outside true doesn’t look great at all. Corrupt government as bad as ours , lots of poverty still there no? Odd social and racial issues , authoritarian gov I don’t know doesn’t seem great. Can you even get on TH-cam or Facebook there? Can you speak bad about the government?
I agree and have said elsewhere that Australia should join BRICS.aybe Paul Keating is correct. Let's not get into the AUKUS fiasco
The US economy, through "hedonic replacement" under measure of inflation is dramatically overstating its growth
While China is doing the opposite. Every year the same price gets you a better phone, more features in your car, more energy efficient fridge.
"Deflation" in China is driven by absolutely massive falls in energy prices and supply chain efficiencies.
The gini coefficient measuring inequality is actually falling.
So a middle class Chinese person is growing their income far faster than the headline GDP numbers _and_ that income buys higher quality things.
The exact opposite is true in the US.
God bless, the United States of America 🇺🇸 lot of opposition coming on a US social media platform nowadays this his going to come to an end that's for sure. Don't come with that freedom of speech stuff. You aren't American that's not our problem.
Deflation means you can't make anything for a profit unless you export it.
Purchasing power is something to look into, not just for consumers, but also producers and institutions who are purchasing physical goods and services.
The circular economy as it is.
@thisiskevin1000 Indeed. When producers buy raw materials and components to make thinks having deflation means the price they can charge has in effect gone done and could be less than the cost of manufacture
Belt & Road is smart because regardless of intent or outcome you can’t claim it’s just aid to the rich of a poor country. The poor take trains, use roads and etc. When West gives aid it typically goes to rulers or rich of a poor country. China just needs to expand its own middle class
One thing I think is very important but rarely spoken about is the extraordinary education system in China, from the youngest all the way up. In USA is worse than I could have ever imagined. Also the morals.
That sounds exactly like someone who has been poisoned by propaganda and lives in an echo chamber would say
It’s great with STEM education, but that education system is also flawed in that it does not cater for the needs of those who are not good at STEM. It’s also pushing everyone to get high test scores instead of pursuing their own interest and encouraging entrepreneurship and innovation. The latter is what the US is still better at, partly because the US is able to attract the best talents from around the world.
We just have to admire Prof Sachs for being such an honest person. He symbolizes the BEST OF THE WEST.
If only more people like him is able to be the decision-makers/ the policy makers/the top politicians in Western world, the whole world will be in much better place. Unfortunately many current Western Leaders have been corrupted by money and greed.
Great job professor Sachs. Love your work. You are a very brave man and we all pray for your wellbeing and continue to inspire others like myself
I moved to Japan in early 1986 (following the Plaza Accord) when the yen was 230/dollar and within 1 year, is strengthened to 85 yen, then settling back to 120.
Congratulations, America. You certainly crippled Japan.
Yes. Unlike Japan though, China has the means to avoid what it could not, which is the threat of economic sanctions. If the US decides to impose sanctions, China has its own system to conduct transactions.
@@albback8176
You are correct. Japan was and still is U5A government's puppet, but China is independent.
This is the thing I don't get. When I go to Japan there is such admiration and love for America, who literally a few decades ago screwed them over.
@@Sonyhamster
Notice the people in Japan know nothing about the true history of what really happened with Japan in WW2 and what Japan did to China in the 1930s and 1940s, their government alters the true history to hide Japan's guilt and to glorify U5A, maybe under the order from U5A to keep Japanese people devoted to their government who is being paid by U5A to keep quiet and obedient to follow orders from U5A.
Well done Prof Sachs.
Any policy to weaken others is a weak policy. This demonstrates the opposite of leadership and reflects insecurity
Sadly that is the entire history and culture of the USA, a modern day vulture, it represents wars, death, jan no side and destruction, it is the largest sponsor of global terrors.
China is trieing to weaken the West!
US is generally in denial about its superiority in many things including manufacturing, energy, space, agriculture, transportation, trading, automobiles, EV, space travel etc. May be too late to catch up again.
And fiercer competition even from America’s own allies.
Globalization also benefit the Global South nations and regions which adds more heat in the competition.
China has become best Country on earth
Yes Sure,thats why Nobody wants to go to China and everybody to the west!:)
That is by far the funniest thing I've heard today😂
Happy NEW YEAR ,Greeting from Germany .Thank you Mr. Sachs for PEACE WORK.
Oh because I wasn't thinking of a 🇨🇳 collapse sounds like a threat Good morning President Xi Liu Xin and Prof Sachs ❤️🇨🇳🦾😇👋
Here's 50 cents wumao 😂
You are also a wimao ain’t you 😂@@GaySparklyFairy-n8u
@@GaySparklyFairy-n8u is not 50 cents American money to buy toilet paper
I love listening to Prof. Jeffrey Sachs, man is so realistic and his content is grounded.
建議月前才慎重邀請許成鋼赴台暢談「中國衰退論」的台灣學界，值得好好思考和深入比較這個視頻討論的內容。
他们就是故意的，不是蠢，而是坏。当然有一批是又坏又蠢，还容易被带歪的。
Yes Chinese poverty has declined. It's true not a theory.
Love the knowledge professor Sachs in History and Philosophy while he talks about any topic with Humbleness and patience 🙏❤️😍
Prof. Sachs is the best!
Prof Jeff never fail to impress us with bare cold truths..so knowledgeable n indepth in his analysis we learned so much from him..God blesd you Prof. We are so proud of you
Totally the human hope for the planet. Bravo to our Chinese brothers and sisters , to the management of Point, to guests like Professor Sachs. A.B. Strehli
BYD in china is a world leader in electric vehicles.
They dont rip off the rich with head games like "T" .
Tesla is a sinking ship,so Elon has to Pump the Stock with silly lies and propaganda!
I would love to have a BYD. Instead we have trump tarrifs we are stuck with T, rivian and the big 3. All ridiculously unaffordable to the average American. Instead the oligarchs are making out like bandits and the American dream is alive and we'll for those 2%...And we are supposed to be patriotic while they rob us blind. US exceptionalism is dead.
In 1992 when i was studying in usa...my university had races for solar car...my question is where is the solar car now?
Professor Sachs is a refreshing, welcome voice in presenting perspective on the China presented in the US media. As a student of Traditional Chinese Medicine I have always been a skeptic of the rhetoric here in the US with respect to all things Chinese. How do you deal with a Donald Trump and his megaphone? Interesting times ahead. Let truth and reason prevail.
What an incredibly informative interview. Thank you professor Sachs.
STOP interrupting your guest!!! Let the professor finish talking!! This woman is in love with her own voice! Jesus Christ!
as she should. such a wonderful voice she has.
Wow.. is this guy being paid by Chinese government or media? He mentions all the facts that are known to everyone but he did not even mention one area China’s should improve.. it is very well staged and call in interview.. what a joke. Japan suffered past 30 yrs due to US bullying? Really Japanese are that stupid?
I always give a 'thumbs up' to any program that us to gives a forum Jeffrey Sachs. I very much value his opinion. Thank you.
With all due respects, liu xin should let the prof finish before interrupting.
Agreed. She's been interrupting Professor Sachs before he could finish off his explanations. Also she should make her questions briefer without loss of the points she wants to raise. Does not give me any pleasure pointing this out as I consider her to be very good and articulate in English for a Chinese journalist.
Then compare the Western Media interview Russians, Chinese, Iranians, etc!!!
What a joke you are!!!
Actually, she’s doing a great job.
China is dependent on exports and investments.
U can tell China loves Jeffrey interviews because it’s no propaganda and very positive in the growth of china’s future
Why is that a bad thing? China is doing the right thing investing in innovation, infrastructure, and it's most important resource...real people. We should learn by example.
Excellent Summary and an interview with one of the planets most honorable persons ..
China STEM graduates 5,000,000 a year
US STEM graduates 450,000
Not to mention China's great leap forward into space... amazing innovations there... leaving Uncle Sam behind to eat China's dust. 😂
And most graduates in China can work a good delivery drivers!
Thanks to Elon Musk though the US is still leading in space tech.
@@BrunoHeggli-zp3nl some come to Africa, and get engineering Jobs, they build better and fast, educated mind, is never a loss.
Great effort to educate the people of America and of the world on what really goes on in China. When compared to my other sources, Professor Sachs's take on the Chinese economic phenomenon is accurate, factual, and because of the solid. Liu Xin is an excellent interviewer who without leading Sachs or an agenda, asks pertinent questions for him to address. We no longer have this kind of media worker in America.
China is professionally the best.
Notably, China's foreign trade is increasingly characterized by a shift toward being "green," "intelligent," and "innovative." Supported by a comprehensive manufacturing system, China not only efficiently and cost-effectively meets the diverse needs of global markets but also enhances production efficiency and product quality through intelligent manufacturing and digital transformation. This technology-driven upgrade has enabled "Made in China" products to shed the label of "cheap," achieving a balance between quality and affordability that improves its competitiveness in international markets.
Urgent: Our nation, the USA, is in danger. Let’s not ignore the truth anymore.
I am speaking on behalf of millions of American-born heroes, whose ancestors were Africans, Arabs, Asians, Hispanics, and even white Americans in some cases. These are the voices of a world where the USA wages war on every country to halt their progress. A true leader leads by example, not through violence.
My family, like countless others, carries the deep scars of war.
I never got to meet most of my relatives or grandparents-lives torn apart by violence I had no part in.
We’re doctors, scientists, veterans, lawyers, and professionals, yet we’re told to “go back home,” even though the USA is the only country we’ve ever known as home.
How many more families must suffer?
How many more children will grow up without a home, a history, or a future?
Will Israel continue dismantling nations, creating refugees, and leaving destruction in its wake?
The result: Netanyahu gaining unchecked power, turning even America into a nation controlled by dictatorship.
In a few decades, the USA will be a minority-majority nation, with over 60% being minorities.
Who will lead then? Leaders in Congress are already bought and paid for by AIPAC, serving Israeli interests instead of American priorities.
Our nation is being sold piece by piece, and our future is being destroyed by wars that only benefit foreign powers.
This endless cycle of war, destruction, and hate must end.
We cannot build a future on fear and division.
America’s survival depends on peace, truth, and unity-not on the devastation of innocent lives.
Thank you for sharing this raw and necessary truth in your video.
Bot
China gets a lot of bad press in the West. It’s just jealousy in my opinion. I lived in China for a few years and was very impressed with their development and work ethics. It was a good experience for me and I hope they will continue to grow and better the situation for their people. Yes it’s mere rhetoric the so called collapse. Agree 100% with the Professor.
I wish that the host would not keep interrupting Dr. Sachs. Her questions are good but I want to hear what Dr. Sachs has to say not the host,
An excellent exposition ans explanation of an important topic.
Marvelous Dialogue 👍🏻👍🏻👍🏻
So wonderful to see both great presenter❤
❤❤ i hope Africa continues to work with everybody and learn from both America and China and get better deals for our people.
We are not going to coexist
Agreed. Let Africa decide for itself and keep its media free.
There's nothing that AFRICA can learn from the US, 😂
Does US build roads, bridges, steel plants? My answer is NO.
@@HabahabaYerry Give Africa the choice.
Amerikkk destroyed thriving black communities in the early 1900’s America thwarted the rapid growth of one of her closest allie in the asian region Japan. Now she’s going all out to stiamied china’s growth. Mr, sach’s said it best. In Amerikkk eyes you communities and nations are getting to upity 😢
China🙏❤️🙏
@ 18:00 i have to disagree. We need to address the ideology. The obsession is that one economic system system promotes greed the other economic system tries to stop greed. in the United States capital greed is encouraged. in China, Hopefully the communistic approach controls human greed.
Shemma? Xi Jinping has a reported net worth of over $1B…. The greed and elitism are the same in both countries. And the fact that Chinese citizens cannot even post directly on this channel speaks volumes of the repression.
Excellent interview Liu Shin, and great perspectives from Jeffrey Sachs, as always. ❤🎉❤
A great and courageous mind
For 50 years we have been complaining about the quality of the air in our cities and about pollution, the Chinese seem to have a viable solution for the electric car. But here we are, we would rather continue to pollute than fatten the Chinese economy.
Most Pollution dosent come from Cars!
China can buy them-they are the biggest polluters.
Fatten Chinese authoritarians, enabling them to pay for police officers who throw all democracy supporters into jail. Are you sure that’s a good idea?
*CHINA hasn't even started growing, yet...* 😂
China's main issues:
1. Demographics are pretty bad thanks to urbanization and one child policy;
2. High total debt as a percentage of GDP.
3. One political party system: hard to be flexible, hard to provide alternative opinions, untruthful information regarding their economy, disappearing high ranking politicians and businessmen, etc.
4. Confrontation with the USA.
5. Not low labor cost producer any more.
But they're still huge and will remain huge for a while.
Lol
Kenapa wawancara CGTN harus di potong-potong, China itu sangat luas dengan penduduk terbanyak di dunia, tidak sulit mendapatkan berita.
This is the whole interview.
Kemarin ada dengan durasi 9 menit.
It does not have the largest population in the world anymore.
The CGTN reporter's questions seem lack of inside of China economy in comparison to professor's understanding. China's universites must invite professor to speak to students.
Thank You SIR for your explanation about China.
China has real sovereignty the empire does not allow its satrapies to compete 😂
China doesn't recognise democracies. They are just satrap's of America. Democracies of the world beware. You will exchange "American " occupation for Chinese, Russian or North Korean
China will just become stronger💪💪💪
From Asia , I really applaud Professor Jeffery Sachs for his candid, unbiased insights about China's economy and financial standing .
A lot of western commentators, apart from Cyrus Janssen and Bredon , tend to give false propaganda about everything on China .
❤❤❤❤
🇺🇲 isn't going to have any quality qualified candidates to run 🇺🇲 much less 🌎 Affairs I've seen this before where insecurities won't allow the help of intelligent candidates for the fears of being surpassed 🤔❤️
The problem the US always had: it compares other economies function in accordance to how its economy functioned and expects anyone who does not do the same as them to collapse.
On one hand it is arrogance, after allt he USSR fell and had a different means of economic organization (though the reason was far more complicated, went back decades of bad leadership down to stalin with no deng equivelant, and geopolitical factors) and the other hand is fear, the Us is terrified of any alternative economic system of having any success to their model as it threatens it's shift to a second global gilded age. It's doing with with the EU (despite having a similar system but has public functions, something the US cannot tolerate because it does not want its people to point at the EU and ask why they can't have healthcare and higher education) and it's even more terrified by china that has a system where the political system is above the economic system. Any system, regardless of how good or flawed it is, that puts billionaires below anything terrifies it. And that can explain every single move of the US, from it's coup in chile against alliente, to the proxy wars, to the monroe doctrine, etc.
And keep in mind, this is not an endorsement of china, it has a long way to go to, especially in terms of internal policy, but the future is always in flux. I cannot predict a betterment or worsening, because, multiple internal and external factors will be at play to cause said move.
Thus I keep my analysis to the one thing I can believe in: do not jusdge one system byt he metrics of another.
Western countries are very charitable, they like to help other people and countries in needs.. Let's create a me funding account for China's economy because Western media great for charity as well.
Pass a bucket to help the new wave of Chinese immigrants in the States...
Very charitable? yet leaving their citizens with a struggling economy, housing, healthcare, food etc…
@@floras9203Don't come here. That's the thing we know what y'all doing. Especially when you're moving up to Midwest where the silos are. We know what's up we're on to you
huh? why are the critics of this channel so incoherent? stop drinking the Kool-Aid
@tacticalMayo take your meds, schizo
Charitable for misinformation
Have the professor ever visited people there in China, so believed the lies?
China it's for to be not for "something else"...
Well I have to go to China to see for myself. I have to say I have asked for very simple information related to the visa and it took four requests to get an answer. I wasn't expecting that. That was just strike one. Let's hope we see more efficiency in the future.
A great interview in every way.
Whoever produces this show and uploads it to TH-cam, MORE Liu Xinin. Period.
Brilliant Jefrrey Sachs!
China is amazing. Huge love respect to there hardwork dedication in making there country so advanced ❤🙏👏
I like the advice of Sachs to China at the very end of the conversation.
Great China ❤ from Pakistan
“It may be dangerous to be America’s enemy, but to be America’s friend is fatal.” - Henry Kissinger
Jeffrey is spot on, totally correct.
The high USD is causing issues
Man... what a beautyful english accent she has! Perfect pronounciation... I thought she was british upon hearing her!
China will invite all the manufacturing industries across the globe to invest in China again offering lowest production cost among others.
Well said
We ignore Prof Sach advice at our own peril 😮
Chia has done a great to “buy”these professors in elite colleges in western world.
Usa doesn't have fast rail due to political reasons to highways receiving all money and railways not getting almost no funding for practically 125 years
Thank you Sachs for holding up the truth
Wow! For a guy who can't speak Chinese, Arabic or Ukrainian and never lived in any the countries he talks about is impressive. He knows everything all from his apartment in New York.
He's a Professor for a Reason!!!
What's your Qualifications???
@@timetraveller885he is a holmes, illegitimate son of Sherlock holmes.
Half of his time live far away from his wife, most of time go to other country, u can try to know more about him
@@Lighten_H Wow! He travels a lot. So do flight attendants. Also. He such an arrogant person I'm sure his wife hates him.
Europe has fast rail and Japan but china has fast rails with bad bearings and breaking down and maintenance issues all the time...
I love Jeffrey Sachs
Sachs for us president! We need him