honestly, Peter Zeihan's political analysis did not bother me. About ten years ago was when I was first introduced to the American concept of Chinese collapse. I was scared back then, as a young boy. But my elders simply shrugged and told me, that different people have said the same thing ten years before that, and its likely that tens years from now you'll still be hearing it. How correct he was.
when you grow old enough, you start to realize there is no right and wrong in a lot of things. there is no guarantee in a lot of things. just by controlling the media promoting fear and hatred, a lot of sufferings were created by a few evil people.
@@zhaokwong5544 It's ironic that overseas Chinese are usually more inclined and passionate in seeing their ancestral land's downfall than the average white person. My guess is that they're probably upset that their superiority complex is being contested. It's becoming more and more difficult to deny that Chinese on average care more about fame and fortune than any other race.
I listen to him for just 3 minutes and I immediaty realized this character is just out to badmouth China without understanding how China election nor Socialist-Capitalism works. He claimed China has an aging population will let China down without understanding Chinese retired at 60 years old while in US or UK, folks are FORCED to work until 67 year old. Ironically his homeland Deutschland is collapsing, he has shown no interest. That is the power of religion over his mind.
China collapse theories have been popping up since the 1970's. Of course, not as often as they do nowadays. But one thing they all have in common is that all of them collapsed.
that cia funded $$$usd is a joke, i watched 2 of his videos and i immediately noticed the guy is propaganda money maker $$$usd, and he killed a few of my brain cells. Definitely a numbnut and millions of numbnuts subscribe n watch him. SHeeps leading SHeeps off a cliff.
@@12Thr33 cause PEOPLE are LAZY to do their own 1hour research. MOST people can do independent research for 20minutes, and also the time it takes for truth to come out to smash the lies and twisted stories. THese so called 'experts', have been wrong over and over and over ..... and over and over, proven by time later on, proven by facts and evidence later on. If someone says the earth is going to break apart, and they say it 20 times in 10yrs, well you waited 10yrs, and they are wrong.... it should tell you, the Loser is just lying. BUT we have millions of Stooopid and LAZY SHEEPS who don't want to think, who wants to turn on the TV and believe whatever the TV tells them, on whatever youtube channel tells them to believe.
Thanks Ben, I'm glad you moved to China, you used to be a go to guy for me around South American geopolitics, but I'm excited to have you bat for China given your hi quality journalism. All the best this year mate.
@@ChichiShu bet the farm he's another American shill, like Huan Guido except elected. ...could be wrong though... early days. Can't see why any country would prefer a world run by an elite mafioso, rather than a friend.
it's funny how analysts living in a country that has an external debt that is close to 100% of GDP bury the Chinese economy - which has a 5% growth in 2023 (according to IMF data) and its debt is only 13% of GDP China, which is the largest manufacturing base in the world, which every year increases the middle class, while the middle class of the G7 countries disappears (see the recession in Great Britain and Germany, the poverty that covers the inhabitants of Canada or the state of the economy in Japan). .how do these ridiculous predictions happen?
Exactly, its pure projection, misdirection and propaganda. They shocking thing is people still fall for it! I've loved getting people to look up the annual growth rates of all these countries, you can see the cognitive dissonance on them as they realise "collapsing" China has 5% growth, US 2.5%, EU 0.8% and UK 0.5%.... the west isn't growing at all out of America, in fact it looks like the EU is collapsing! And I campaigned for Britain to remain in the EU !! We have become nations of the moron, for the moron by the moron
They are projecting themselves. Remember when pointing your index finger at another person, your three other fingers are directly pointing at yourself. They do not realize this 😅
Also, do not forget that Evergrande (or rather, the Hui family) was using its real-estate customers as cash cows and diverting the monies it receives from these customers to its other businesses, which at one point included land reclamation, theme parks, electric vehicles, food & beverages, fashion and retail, Italian handbags, bottled water, groceries, dairy farms & products, a soccer team and into overpaid executives, most of them relatives. The Chinese government is forcing the Hui family to divest from and sell off these non-core businesses, to pay off its loans. And something that western analysts neglect to mention is that 90% of Evergrande is owned by foreigners, mostly American, British & French investment bankers. If Evergrande does go bankrupt, it won't be Chinese investors who would lose their shirts. It would just be the Hui Family, Warren Buffet, BlackRock, etc. The Hui Family would cease being multi-billionaires to just plain, old, simple multi-millionaires.
you can say thay until whole apartement have owner but empty and build quality decrease like tofu dreg, those constractor need to wipe their own mess not to be bailout like their americans counterpart@@gfarrell80
@@urbugnmetoday3183 "not much truth is let out of China". So how does this make the main stream media more trust worthy than someone who lives in China. And is the truth not let out or you simply can't comprehend all the sources and data Ben provided?
Zeihan is completely ridiculous, my favourite fact is he was saying China's economy would "collapse in 10 years" over 12 years ago! Laughable, and now he just says it again, in another 9 years he will be proved wrong again and he'll just trot out the same old nonsense that people want to believe.
Why can't we focus on improving life for American communities? I don't appreciate our country being represented by violence and arms sales, keeping conflict going around the globe. We need to focus on a sustainable future and on getting the corporations out of control of our government.
Our economic model is why. Companies quite regularly self cannibalize in order to show growth for their shareholders. Dodge v Ford brings a bit of clarity and is worth looking into - “A business corporation is organized and carried on primarily for the profit of the stockholders.” No matter how you feel about our capitalist system, in order to fulfill this unsustainable demand, blood - whether domestic or abroad - has to be spilled. Not to mention the US’ need to remain the sole hegemon, controlling the global system via the dollar, and all the intricacies involved (including the military industrial complex) that keep the working class and impoverished down across the world. Capitalism is a system that is actively eating itself alive and we are watching it self destruct in real time. I think some guy with a funny beard predicted this over 100 years ago.
Can’t forget the fuckery of the US backed IMF (international monetary fund) and World Bank that lends money to poor countries with predatory conditions and restructuring schemes when they inevitably can’t pay back their loans.
One of the saving graces is the fact that China is taking a much different approach to economic and foreign policy. China is developing its industry into new unseen heights and needs various resources to do so. If a country has minerals needed to produce more solar panels for instance, China will help upgrade existing facilities and/or build/upgrade needed infrastructure in said country. China takes a much friendlier and more diplomatic approach. There’s endless amounts of this happening in Africa, and also Asia and Latin America. The world is taking notice. I just hope that someone with some sense will steer the US away from the meat grinder and towards a more cooperative, multi-polar future.
Seriously, why the country that doesn't even have free healthcare and free education sanctions and threatens the countries that do? They've got to know how it looks.
cause improving life in america means hard work, getting off your A..ss and doing real work, and also it takes time to do work and complete. It's better to just open your mouth and say work is done, and voila! everyone thinks work is done. So the guy running their mouth off is faster than the guy who do actual work.
Thank you, Ben, for another of the reports, which you do so well, and which has become your trademark, I think: Very precise analysis of the most important points of very well-chosen sources, presented concisely without anything unnecessary to the subject - and in a briefest time possible. Keep up with your important work!
When the new China was founded in 1949 , the great Chairman Mao said in his speech : ” Let those internal and external reactionaries tremble before our feet. Let them say whatever they want on our inadequacies in different aspects. The indomitable efforts of the Chinese people will steadily achieve their goals. “
Dear Ben, those MSM are not for informed people. When people like Adrian Zeihan and Gordon Chang keeps being the nvited to talk and explain why the PRC is "collapsing", we, the informed people, can only wet our pants of laughing. Happy 2024 Ben
Grifters have been peddling the 'China to collapse soon' copium every year for the past 20+ years. The good thing is it bought time for China to develop relatively unmolested, that is, until circa 2016.
It is quite absurd that this has became basically an official job for ppl like Gordon Chang, and they actually do make quite lots of money out of it. :)
@@Ac_aI believe after 25 years of predicting China collapse and it never happened, Us administration finally awoke up to the fact that they have to prepare for a scenario that China might overtake them and decide to take action instead of waiting for China to collapse,
Or is the grifters that have been peddling the demise of the USD. Read the news! China’s economy is slowing, it’s housing bubble is about to burst, its unsustainably high GDP growth is slowing.. Meanwhile the USD is stronger than ever. Tell me who was right? So far. I don’t think China’s economy is collapsing either, but it is transitioning - with difficulty - into a mature economy. This is the natural progression of developing economies. India, as the next fast growing world power, may find itself in a similar position in a few decades.
@@evergreenhills perhaps you should learn to comprehend English, since i *OBVIOUSLY* agree with the sentiment you appear to present. OP (you?) said China does *NOT* "adapt and evolve" ...according to the rules of grammar.
The city where I live has a long history of Chinese immigration. All of them became successful entrepreneurs and their kids are graduating from university at the top of the class. If you say smart, the first thing that comes to my mind is chinese people.
I think it would still take some time to get the basic models out, but once they get the drill, you will see Boeing and Airbus in big trouble. German cars are now in deep trouble, they are no longer competitive and also offer nothing new accept for "brand".
safest bet with China: faster than anyone thinks. Western analysts suffer hubris and want to downplay Chinese capabilities, while Chinese suffer lack of self confidence (some would call it modesty) and want to underpromise and overdeliver. Hence both sides predict China to be slower than it really will be
@@dehua-2730 I don't think Boeing and Airbus will be badly effected in the short term because they have a lock on the market... It will be some time before Chinese airplaines are cleared for take off in the west. Airbus has a problem because the Euopean energy market is dependant on the US.
@dunkinpossum Typically I'd probably refrain from getting on a Chinese aircraft but honestly the quality of Boeing at least has been going downhill for a while now. It's too early to tell yet if they'll really be all that much worse in terms of safety, but I imagine they'll almost certainly cost less.
True. And lately I see so many Chinese people driving a car to Europe from China. That burns a lot more money than flying first class on commercial jets. I even saw a guy driving a Scania V8 tractor head truck to Netherlands to attend a truck meets there 😅😅😅
I think people make a CAREER out of this! Visit a big bookstore, or go to a library and look at a pile of ECONOMIST magazines.... They just keep saying it, it's not related to any evidence I think.
US need to reduce military spending by half and it takes at least 10 years to catch up with china.. i haven’t see any significant development in US for the past 10 years. West is So declining..
haha, how about 20 years? I left the US 14 years ago and my last visit 2018 made me realize it has actually gotten worse. Maybe the US has already peaked in the year 2000.
Thank you from Greece for your excellent well documented reporting. Great idea to study economics where economy actually works! All the best in your life.
I love it when the government can just say: "Nah we aren't gonna bail you our because your business is for profit, not for providing". It's shows you that the government isn't being controls by the private sectors.
the progress payment method for real estate is common all over asia. its very outdated. china's greatest threat to the usa is psychological as it challenges all the lies we tell ourselves about how great we care.
Good analysis. People or 'experts' who keep harping on how 'low' / 'slow' is the economic growth of China in recent years are either dumb or deliberately lying (or both). The reason is simple - the absolute SIZE of the Chinese economy today is multiple TIMES than it was 10 or 20 years ago. Hence, even an 'average' of 5% economic growth today would roughly be the same increase (in dollars amount) of a '10%' in the past. Just simple arithmetic.
Spot on. China is shrinking those companies considered too big to fail. Evergrande was given two years notice to pare back it's debt. State restrictions cut off Evergrandes access debt Evergrandes went abroad, borrowed from US private equity at high rates. Evergrandes defaulted on those bonds which triggered legal action that China ignored.
They can sue Evergrandes for unpaid debt. There is nothing to do with Chinese government. Thats why the wall street and western governments pressured chinese gov to put money stimulus and bailed out evergrandes. So the bail out money can be used to save american and western company who lent money to evergrandes. Unfortunately they are not stupid as western governments who used tax payers money to save private equities from bankruptcy in 2008.
“China undergoing economic slowdown.” “China’s economy collapsing quicker than we thought.” “China’s economic fatigue happening before our eyes.” *China’s GDP grows by 5.4% for 2023, and has a forecast of increasing by 4.6% this year while the EU suffers is impending sluggish growth by 0.4%, the UK by 0.2%, and the US by 2.1%* 😎
remember when the great yangtze river hydroelectric power plant was built, many 'experts' predicted energy will be wasted and that the project was driven by corruption payout need. but less then a decade later, the power supply from this plant which i think is still a record holder could not meet the demand
Number one in solar panel manufacture, number one in nuclear power energy, one of two thorium molten salt reactors, number one in high speed trains, number one in million volt dc power lines, number one in car exports, number one in battery EV manufacturing……. Yup Zeihan the place is collapsing.
I got onto Zeihan about a year ago and it didn't take me long to see his conclusions were invalid. Very well done presentation Ben, keep up the good work.
Whatever the US and its collaborators come up with, China will have solutions to counter their mischievous acts. China is gearing towards total self-reliance and self-sufficiency, and when she achieved that, she would not care what the West will do. They are many countries who would like to share the future with China to effect the "Build Your Dreams, BYD" motto.
" I see the empire-like power structure centralized around the US as the greatest source of conflict and dysfunction in the world today." Caitlin Johnstone
It's essentially a "Housing Reform" not only to stop Debt-Overleveraging & Intentional Housing Price Inflation practices; but also to reset the Real Esate Market so the young generations can afford housing.
nice vid! well many westerners use a western mindset to analyze china, but china have a completely different biz model! this is the root cause and fundamental issues, why western so called experts usually have wrong predictions about china... i think most of these westerners actually know this, but they are doing it on purpose, since most people do not know and understand...
If you compare the REAL economic numbers side by side between all nations, it eould rewevealed should the economy of China's is 'collapsing'... Then... - The economy of EU had already recessed... - The economy of USA had already collapsed... 😂
If it would have been that war in Ukraine we would have called it the " curse of Selenskyi ". But in this case there are so many western leader idiots involved that you´re not able to sign that curse to one specific person. A happy new year and good luck all the time.
@@WoistdasÖlkännchen So many involved but this war is 100% US interference with foreign countries yet again. Not just Biden, it goes back to the US backed coup.
Something else often overlooked is the concept of free markets. Post-1945, the US led the world in adopting free trade, while the USSR was more of a closed economy (We all know how that played out). Today, China embraces free markets, offering free trade agreements to countries worldwide. Conversely, the US is closing itself in, opting for trade with allies instead of competing globally. More like becoming the new USSR. It's not hard to see how this will play out long term.
How many years are these people predicting that China will collapse? I do think China's growth will slow down to around 3% - 4% after 10 years, but this is what this transition is all about, to distribute wealth more equally, shore up labor laws, and break up large conglomerates so the economy can handle slower growth. The previous 20 years of explosive growth created a lot of economic and social problems and these are a big issues the government will tackle. It's a painful transition for sure, but it will pay dividends after a few years.
Ben, your observation coincides with the point of a guest speaker on Taiwanese YT Channel I just listened to today. That guest graduated from Peking Univ and has been an entrepreneur working in venture capital. People like him definitely have better idea where China will focus the growth on through the flow of capital than Peter
I have come to realize that countries that are not doing well will always find an excuse to blame or insult those that move ahead.
Yes, agree with you !!
Like India !!!
Be specific, western imperialismtic countries.
@@fokthewefThey better take care of their own backyard 😅
You guys sipping the koolaid on this?
“West BAD soo China GOOOD mkay!?”
Ben is asleep and so are all of you
@@NotYourCitizenAnymore Okay then you can stop watching this channel and go back to watching CNN.
honestly, Peter Zeihan's political analysis did not bother me. About ten years ago was when I was first introduced to the American concept of Chinese collapse. I was scared back then, as a young boy. But my elders simply shrugged and told me, that different people have said the same thing ten years before that, and its likely that tens years from now you'll still be hearing it. How correct he was.
when you grow old enough, you start to realize there is no right and wrong in a lot of things. there is no guarantee in a lot of things. just by controlling the media promoting fear and hatred, a lot of sufferings were created by a few evil people.
Gordon Chang is still predicting the same collapse.
@@zhaokwong5544 It's ironic that overseas Chinese are usually more inclined and passionate in seeing their ancestral land's downfall than the average white person. My guess is that they're probably upset that their superiority complex is being contested. It's becoming more and more difficult to deny that Chinese on average care more about fame and fortune than any other race.
I listen to him for just 3 minutes and I immediaty realized this character is just out to badmouth China without understanding how China election nor Socialist-Capitalism works.
He claimed China has an aging population will let China down without understanding Chinese retired at 60 years old while in US or UK, folks are FORCED to work until 67 year old.
Ironically his homeland Deutschland is collapsing, he has shown no interest. That is the power of religion over his mind.
China collapse theories have been popping up since the 1970's. Of course, not as often as they do nowadays. But one thing they all have in common is that all of them collapsed.
Western media and politicians are very "liberal" in usage of words. They keep saying Chinese economy has “collapsed” from 7% growth to 5.4%.
Meanwhile a UK GDP contraction by 0.1% last year, and Germany’s 0.3% GDP growth due to their foolish deindustrialization, is “consistent.”
@@syafsmith5085😂😂😂
Technically they are right haha
5.4%!of a much larger GDP
@@syafsmith5085"consistent" To collapse? 😂😂😂
"The ridiculous political analyst, Peter Zeihan...". Never a more perfect phrase.
a complete crackpot abd govt mouthpiece.
Peter Zeihan cares so much about the Uyghurs as he victimises Israel in their broad daylight genocide of the Palestinian natives
He is really ridiculous
that cia funded $$$usd is a joke, i watched 2 of his videos and i immediately noticed the guy is propaganda money maker $$$usd, and he killed a few of my brain cells. Definitely a numbnut and millions of numbnuts subscribe n watch him. SHeeps leading SHeeps off a cliff.
@@12Thr33 cause PEOPLE are LAZY to do their own 1hour research. MOST people can do independent research for 20minutes, and also the time it takes for truth to come out to smash the lies and twisted stories. THese so called 'experts', have been wrong over and over and over ..... and over and over, proven by time later on, proven by facts and evidence later on. If someone says the earth is going to break apart, and they say it 20 times in 10yrs, well you waited 10yrs, and they are wrong.... it should tell you, the Loser is just lying. BUT we have millions of Stooopid and LAZY SHEEPS who don't want to think, who wants to turn on the TV and believe whatever the TV tells them, on whatever youtube channel tells them to believe.
Thanks Ben, I'm glad you moved to China, you used to be a go to guy for me around South American geopolitics, but I'm excited to have you bat for China given your hi quality journalism. All the best this year mate.
fully agree. Excited to see Ben go all the way for socialism
I am still interested in Latin America...
Interested in seeing how the largest social economical experiment carried out in Argentina will turn out 🤔
@@ChichiShu bet the farm he's another American shill, like Huan Guido except elected. ...could be wrong though... early days. Can't see why any country would prefer a world run by an elite mafioso, rather than a friend.
@@urrywest Ben's still very up-to-date on Latin America, I wouldn't worry about that.
Openly declares a tech and economic war, and explicitly said they want to "slow down" China's progress. The sheer arrogance and self-righteousness.
Coupled with an equal share of envy, hostility & Sino-phobia…
And then blame the chinese economic system for the economic collapse they said they were trying to "slow down".
I see no problem
it's funny how analysts living in a country that has an external debt that is close to 100% of GDP bury the Chinese economy - which has a 5% growth in 2023 (according to IMF data) and its debt is only 13% of GDP
China, which is the largest manufacturing base in the world, which every year increases the middle class, while the middle class of the G7 countries disappears (see the recession in Great Britain and Germany, the poverty that covers the inhabitants of Canada or the state of the economy in Japan). .how do these ridiculous predictions happen?
Exactly, its pure projection, misdirection and propaganda. They shocking thing is people still fall for it! I've loved getting people to look up the annual growth rates of all these countries, you can see the cognitive dissonance on them as they realise "collapsing" China has 5% growth, US 2.5%, EU 0.8% and UK 0.5%.... the west isn't growing at all out of America, in fact it looks like the EU is collapsing! And I campaigned for Britain to remain in the EU !! We have become nations of the moron, for the moron by the moron
Do u believe international mafia financer.imf
They are projecting themselves. Remember when pointing your index finger at another person, your three other fingers are directly pointing at yourself. They do not realize this 😅
@@hanmi1216 That's genius, never noticed. I'll say it in the future.
Majority of Western predictors are all Fortune Teller.
Also, do not forget that Evergrande (or rather, the Hui family) was using its real-estate customers as cash cows and diverting the monies it receives from these customers to its other businesses, which at one point included land reclamation, theme parks, electric vehicles, food & beverages, fashion and retail, Italian handbags, bottled water, groceries, dairy farms & products, a soccer team and into overpaid executives, most of them relatives.
The Chinese government is forcing the Hui family to divest from and sell off these non-core businesses, to pay off its loans.
And something that western analysts neglect to mention is that 90% of Evergrande is owned by foreigners, mostly American, British & French investment bankers. If Evergrande does go bankrupt, it won't be Chinese investors who would lose their shirts. It would just be the Hui Family, Warren Buffet, BlackRock, etc. The Hui Family would cease being multi-billionaires to just plain, old, simple multi-millionaires.
Well said, good points.
Evergrande was ordered to liquidate recently
Housing is for people, not speculation.
Speculation... but they also love collecting rent and interest.
Are they as pernicious as Black Rock?@@gfarrell80
@@gfarrell80 I think you're confusing speculation with normal business practices.
@@xucg "normal business practices" in many cases is parasitical theft.
you can say thay until whole apartement have owner but empty and build quality decrease like tofu dreg, those constractor need to wipe their own mess not to be bailout like their americans counterpart@@gfarrell80
IF a Country with roughly twice the real growth of the U.S. is "collapsing" - what should this tell investors about the U.S.?
It grew too fast for their own good…not enough people to keep it going
@urbugnmetoday3183 the shit you're spouting was said 20 years ago. Get some new material. It's boring.
Correction it's triple
@@widodoakrom3938 communist govt , their growth is only what they say it is…and doesn’t this guy live in China?
@@urbugnmetoday31831.4 billion "not enough people"...oh dear.
Well researched analysis to understand what’s going on against this world of misinformation and political propaganda. Thank you.
Just a different propaganda actually…
@@urbugnmetoday3183Right. But this propaganda is based in reality.
@@oswarz I believe this guy lives in China (could be wrong) not much truth is let out of China …
@@urbugnmetoday3183like something out of Washington is truthful😅😅😅. The Washington themselves said they are trained to " We lie, we cheat, we steal"
@@urbugnmetoday3183 "not much truth is let out of China". So how does this make the main stream media more trust worthy than someone who lives in China. And is the truth not let out or you simply can't comprehend all the sources and data Ben provided?
Zeihan is completely ridiculous, my favourite fact is he was saying China's economy would "collapse in 10 years" over 12 years ago! Laughable, and now he just says it again, in another 9 years he will be proved wrong again and he'll just trot out the same old nonsense that people want to believe.
Pity things is still people believing. How stupid their are😂
he is the type of people who keep predict until it become true and show off to the world how great he is
@@vincentsengHe can predict until his death and he would not see China’s collapse.
Why can't we focus on improving life for American communities? I don't appreciate our country being represented by violence and arms sales, keeping conflict going around the globe. We need to focus on a sustainable future and on getting the corporations out of control of our government.
Our economic model is why. Companies quite regularly self cannibalize in order to show growth for their shareholders. Dodge v Ford brings a bit of clarity and is worth looking into - “A business corporation is organized and carried on primarily for the profit of the stockholders.” No matter how you feel about our capitalist system, in order to fulfill this unsustainable demand, blood - whether domestic or abroad - has to be spilled. Not to mention the US’ need to remain the sole hegemon, controlling the global system via the dollar, and all the intricacies involved (including the military industrial complex) that keep the working class and impoverished down across the world. Capitalism is a system that is actively eating itself alive and we are watching it self destruct in real time. I think some guy with a funny beard predicted this over 100 years ago.
Can’t forget the fuckery of the US backed IMF (international monetary fund) and World Bank that lends money to poor countries with predatory conditions and restructuring schemes when they inevitably can’t pay back their loans.
One of the saving graces is the fact that China is taking a much different approach to economic and foreign policy. China is developing its industry into new unseen heights and needs various resources to do so. If a country has minerals needed to produce more solar panels for instance, China will help upgrade existing facilities and/or build/upgrade needed infrastructure in said country. China takes a much friendlier and more diplomatic approach. There’s endless amounts of this happening in Africa, and also Asia and Latin America. The world is taking notice. I just hope that someone with some sense will steer the US away from the meat grinder and towards a more cooperative, multi-polar future.
Seriously, why the country that doesn't even have free healthcare and free education sanctions and threatens the countries that do? They've got to know how it looks.
cause improving life in america means hard work, getting off your A..ss and doing real work, and also it takes time to do work and complete. It's better to just open your mouth and say work is done, and voila! everyone thinks work is done. So the guy running their mouth off is faster than the guy who do actual work.
Thank you, Ben, for another of the reports, which you do so well, and which has become your trademark, I think:
Very precise analysis of the most important points of very well-chosen sources, presented concisely without anything unnecessary to the subject - and in a briefest time possible. Keep up with your important work!
Thanks!
Happy New Year Ben! 🖖🏼🥳✊🏼
Zeihan is a clown.
He is. But at the end of the day he makes his living as a bullshitter.
Apparently the CIA buys into his bs 😂😂😂
He doesn't know the word SHAME.
That is insulting for real clowns, but also reveals that a clown can act as a political strategist.
Analyst?
What figures does he present to derive at a conclusion?
When the new China was founded in 1949 , the great Chairman Mao said in his speech :
” Let those internal and external reactionaries tremble before our feet.
Let them say whatever they want on our inadequacies in different aspects.
The indomitable efforts of the Chinese people will steadily achieve their goals. “
China. THE world power. Economic industrial technology diplomatic wise👍
Greatest post from Senor Ben
Happy New Year 🌍
So true
Thank you Ben. 🎉
Thanks, Ben! As always, it is accurate and promising!
We love the Mate 60 Pro poster girl, Gina Raimondo! 😉😁😜
She has a nice looking crooked nose 🐽. 😂😂😂
Dear Ben, those MSM are not for informed people.
When people like Adrian Zeihan and Gordon Chang keeps being the nvited to talk and explain why the PRC is "collapsing", we, the informed people, can only wet our pants of laughing.
Happy 2024 Ben
Also, they're not afraid to work!
It is hard to listen the truth. Thanks for it
nice report!
Grifters have been peddling the 'China to collapse soon' copium every year for the past 20+ years.
The good thing is it bought time for China to develop relatively unmolested, that is, until circa 2016.
It is quite absurd that this has became basically an official job for ppl like Gordon Chang, and they actually do make quite lots of money out of it. :)
What supposedly happened in 2016?
@@Ac_aI believe after 25 years of predicting China collapse and it never happened, Us administration finally awoke up to the fact that they have to prepare for a scenario that China might overtake them and decide to take action instead of waiting for China to collapse,
@@Ac_a they didn't respond but I believe theyre referring to US trade sanctions on China that were implemented in 2016
Or is the grifters that have been peddling the demise of the USD. Read the news! China’s economy is slowing, it’s housing bubble is about to burst, its unsustainably high GDP growth is slowing.. Meanwhile the USD is stronger than ever. Tell me who was right? So far.
I don’t think China’s economy is collapsing either, but it is transitioning - with difficulty - into a mature economy. This is the natural progression of developing economies. India, as the next fast growing world power, may find itself in a similar position in a few decades.
China's economy will never collapse. They are too smart for adaptation and evolve.
* "too smart to ^NOT adapt and evolve."
You hit the nail on the head 😊 Chinese people are resilient we should work with them at all means
@@donHooligan where's you from? I'd like to know your country if can adapt and evolve as long as China.
@@evergreenhills
perhaps you should learn to comprehend English, since i *OBVIOUSLY* agree with the sentiment you appear to present.
OP (you?) said China does *NOT* "adapt and evolve" ...according to the rules of grammar.
The city where I live has a long history of Chinese immigration. All of them became successful entrepreneurs and their kids are graduating from university at the top of the class. If you say smart, the first thing that comes to my mind is chinese people.
It'll b interesting to see how quickly China is able to scale up its aviation industry to be competitive against both Boeing and Airbus.
I think it would still take some time to get the basic models out, but once they get the drill, you will see Boeing and Airbus in big trouble. German cars are now in deep trouble, they are no longer competitive and also offer nothing new accept for "brand".
safest bet with China: faster than anyone thinks. Western analysts suffer hubris and want to downplay Chinese capabilities, while Chinese suffer lack of self confidence (some would call it modesty) and want to underpromise and overdeliver. Hence both sides predict China to be slower than it really will be
@@dehua-2730 I don't think Boeing and Airbus will be badly effected in the short term because they have a lock on the market... It will be some time before Chinese airplaines are cleared for take off in the west. Airbus has a problem because the Euopean energy market is dependant on the US.
@dunkinpossum
Typically I'd probably refrain from getting on a Chinese aircraft but honestly the quality of Boeing at least has been going downhill for a while now.
It's too early to tell yet if they'll really be all that much worse in terms of safety, but I imagine they'll almost certainly cost less.
@@HaraldinChina13:02
"...and they *DO* kill for that kind of economic growth..."
smart thinking: doing the opposite of the US
collapsing or not, just look at the number of Chinese people traveling during the National Day holiday week and the strong purchasing power.
10 days, $103B spent.
True. And lately I see so many Chinese people driving a car to Europe from China. That burns a lot more money than flying first class on commercial jets. I even saw a guy driving a Scania V8 tractor head truck to Netherlands to attend a truck meets there 😅😅😅
😂😂😂 Bollywood movies?
@@taiwanstillisntacountry 给你的英文名称一个大大的赞，爱来自中国♥♥♥
Ai yah.. why bother. Western "Economists" have been saying China economy is collapsing almost weekly since 1981. You can check the archives.
Just why the que line in USA & EU Food Bank are longer and longer every day.
I think people make a CAREER out of this! Visit a big bookstore, or go to a library and look at a pile of ECONOMIST magazines.... They just keep saying it, it's not related to any evidence I think.
Good analysis Ben
US need to reduce military spending by half and it takes at least 10 years to catch up with china.. i haven’t see any significant development in US for the past 10 years. West is So declining..
haha, how about 20 years? I left the US 14 years ago and my last visit 2018 made me realize it has actually gotten worse. Maybe the US has already peaked in the year 2000.
@@dehua-2730 very true.. declining in rapid phase
Thank you, Ben......we always get the facts from you.
Thank you from Greece for your excellent well documented reporting. Great idea to study economics where economy actually works! All the best in your life.
Merci pour cette synthèse et bonne année à tous !
Investing in the poor and middle class. Predictable western countries say it won't work.
that's how Chinese succeeded the revolution before 1949,maybe that's why they are so afraid now.
The power of central planning and socialism with Chinese characteristics.
Thank you Ben
I love it when the government can just say: "Nah we aren't gonna bail you our because your business is for profit, not for providing".
It's shows you that the government isn't being controls by the private sectors.
Thank you for your honesty.
the progress payment method for real estate is common all over asia. its very outdated. china's greatest threat to the usa is psychological as it challenges all the lies we tell ourselves about how great we care.
very profound and correct
Cyrus Jansen has a fantastic video on the facts vs the China collapse theory out just recently
China 🇨🇳🍚 is super duper strong 💪 💪🧙🏼♂️
Excellent!
Thanks for the information.
Good analysis. People or 'experts' who keep harping on how 'low' / 'slow' is the economic growth of China in recent years are either dumb or deliberately lying (or both).
The reason is simple - the absolute SIZE of the Chinese economy today is multiple TIMES than it was 10 or 20 years ago.
Hence, even an 'average' of 5% economic growth today would roughly be the same increase (in dollars amount) of a '10%' in the past.
Just simple arithmetic.
Gracias Ben .
Ben, Thank you for explaining. 👍🙏🙏🙏
Absolutely right you are Ben. Greetings. Happy New Year if I haven't already done so.
Spot on. China is shrinking those companies considered too big to fail. Evergrande was given two years notice to pare back it's debt. State restrictions cut off Evergrandes access debt Evergrandes went abroad, borrowed from US private equity at high rates. Evergrandes defaulted on those bonds which triggered legal action that China ignored.
I loved it so much when China was able to tell companies like BlackRock to pound sand.
They can sue Evergrandes for unpaid debt. There is nothing to do with Chinese government.
Thats why the wall street and western governments pressured chinese gov to put money stimulus and bailed out evergrandes. So the bail out money can be used to save american and western company who lent money to evergrandes. Unfortunately they are not stupid as western governments who used tax payers money to save private equities from bankruptcy in 2008.
@@gelinrefira Blackrock is heavily involved in Ukraine.
It continues to surprise me that people continue to listen to the propaganda from traditional media.
Ziehan is an utter clown. I have no idea how he's taken seriously by anyone.
“China undergoing economic slowdown.”
“China’s economy collapsing quicker than we thought.”
“China’s economic fatigue happening before our eyes.”
*China’s GDP grows by 5.4% for 2023, and has a forecast of increasing by 4.6% this year while the EU suffers is impending sluggish growth by 0.4%, the UK by 0.2%, and the US by 2.1%* 😎
🤣😂🤣
Uxa 2.1% is debt driven with no real economic growth
Next day: "China aggressively expanding military!"
Uhhhhh, but how can you expand military if your economy is collapsing?
China is collapsing upward. It's them communists at the other side of the world, their gravity works upside down.
Now then we know how stupid their are😂
Happy New Year 🍾🍾🍾
❤❤
Thanks for this fantastic video! It has answered & explained a lot of big questions about China’s current economy situation.
Thank you Ben for another excellent report
Real estate is for living in , not for speculation . Investing in technology and infrastructure not speculation.
And now, the prize for reporter of the year.... Mr. Ben Norton!✊🏼
good ~ finally someone sees the reality of the Chinese economy
Watching Ben's video is a kind of learning and enjoyment. It is like refreshment..
remember when the great yangtze river hydroelectric power plant was built, many 'experts' predicted energy will be wasted and that the project was driven by corruption payout need. but less then a decade later, the power supply from this plant which i think is still a record holder could not meet the demand
Number one in solar panel manufacture, number one in nuclear power energy, one of two thorium molten salt reactors, number one in high speed trains, number one in million volt dc power lines, number one in car exports, number one in battery EV manufacturing……. Yup Zeihan the place is collapsing.
So what your saying is… once again China chose logic over greed and continues to win
Agreed 100% .
So informative…… Thx Ben
I got onto Zeihan about a year ago and it didn't take me long to see his conclusions were invalid. Very well done presentation Ben, keep up the good work.
Sanctions on HuaWei eh? Well ... HuaWei's sales for 2023 was almost $100b. Peter is a real BS artiste 😂
Happy New Year Ben🎉
Great!
Whatever the US and its collaborators come up with, China will have solutions to counter their mischievous acts. China is gearing towards total self-reliance and self-sufficiency, and when she achieved that, she would not care what the West will do. They are many countries who would like to share the future with China to effect the "Build Your Dreams, BYD" motto.
Why a country waste too much resources to slow down other country innovation instead of use the energy and resources to improve themselves
Because there are ten lengths behind.
Because Western ruling class hates their poor.
Great video Ben , The statements coming from the golden billion make me sick.Who the hell do they think they are? Unreal the crap they spew out daily.
" I see the empire-like power structure centralized around the US as the greatest source of conflict and dysfunction in the world today." Caitlin Johnstone
It's essentially a "Housing Reform" not only to stop Debt-Overleveraging & Intentional Housing Price Inflation practices; but also to reset the Real Esate Market so the young generations can afford housing.
Goede verklaring van China's economie
Great video again
One of the few people whose words actually make sense.
I appreciate the fact that this report contains nothing but the truth, well done
Great analysis
nice vid!
well many westerners use a western mindset to analyze china, but china have a completely different biz model! this is the root cause and fundamental issues, why western so called experts usually have wrong predictions about china...
i think most of these westerners actually know this, but they are doing it on purpose, since most people do not know and understand...
If you compare the REAL economic numbers side by side between all nations, it eould rewevealed should the economy of China's is 'collapsing'...
Then...
- The economy of EU had already recessed...
- The economy of USA had already collapsed...
😂
If it would have been that war in Ukraine we would have called it the " curse of Selenskyi ". But in this case there are so many western leader idiots involved that you´re not able to sign that curse to one specific person. A happy new year and good luck all the time.
@@WoistdasÖlkännchen So many involved but this war is 100% US interference with foreign countries yet again. Not just Biden, it goes back to the US backed coup.
Wow, Your explanation about the Chinese economy is 100% correct!!!!!😄
OMG!! 5:18 This "China poised to export more cars than Japan in 2023" graph is sick!!!
Thank you
Something else often overlooked is the concept of free markets. Post-1945, the US led the world in adopting free trade, while the USSR was more of a closed economy (We all know how that played out). Today, China embraces free markets, offering free trade agreements to countries worldwide. Conversely, the US is closing itself in, opting for trade with allies instead of competing globally. More like becoming the new USSR. It's not hard to see how this will play out long term.
"they do kill for that kind of growth" cracked me up
Thanks
China collapsing... upwards lol
Chinese and Asian communities are reveling in the celebration of 2024, embracing greater success and anticipating a brighter future - PERIOD✌✌✌
How many years are these people predicting that China will collapse? I do think China's growth will slow down to around 3% - 4% after 10 years, but this is what this transition is all about, to distribute wealth more equally, shore up labor laws, and break up large conglomerates so the economy can handle slower growth. The previous 20 years of explosive growth created a lot of economic and social problems and these are a big issues the government will tackle. It's a painful transition for sure, but it will pay dividends after a few years.
Correct and clear analysis… congratulations 😊
TY for calling Zaihan "ridiculous".
Glad there is one country doesn’t bow down to big corporations
Your videos are shadowbanned on my youtube, keep up the good work
Very good and realistic analysis
Ben, your observation coincides with the point of a guest speaker on Taiwanese YT Channel I just listened to today. That guest graduated from Peking Univ and has been an entrepreneur working in venture capital. People like him definitely have better idea where China will focus the growth on through the flow of capital than Peter
你不会说的是蔡真博士吧😂
@@中华神龙 不是哦，柳杰克频道的一位大佬
China has been collapsing for 30 years, collapsing year by year, with GDP growing year by year
Good job, telling the truth to pop the bubble of Western lies
superb