My advice to new investors: Buy good companies stocks and hold them as long as they are good companies. Just do this and ignore the forecasts and market views which are at best entertaining but completely useless.
The key to big returns is not big moving stocks. It's managing risk in relationship to reward. Having the correct size on and turning your edge as many times as necessary to reach your goal. That holds true from long term investing to day trading.
I totally agree; I am 66 years old, recently retired, with approximately $1.2 million in external retirement funds. I am debt free and have very little money in retirement funds compared to the total value of my portfolio over the past three years. To be honest, I didn't do all this alone, but with the help of a financial advisor. Having one is currently the best way to trade in the stock market, especially for people nearing retirement.
Is there any chance you could recommend who you work with? I've wanted to make this switch for a very long time now, but I've been very hesitant about. I'll appreciate any recommendation.
Finding financial advisors like Sophia Maurine Lanting who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
Agreed. What's missing from this discussion is reference to the falling London Stock exchange. Representing another failed economy under a government not answerable to its people
IMHO, much of the UK's financial problems are because of the racist Brexit fiasco. Ignorant racists let themselves get played by Russian lies. In the final analysis, you are exactly wrong. The tory government made the error of listening to the idiot brexiteers rather than acting in the country's best interest.
China has moved from being an underdeveloped county to the world's major manufacturing country in a very short period of time. That's not a pyramid scheme (and I suspect you don't know what a pyramid scheme is).
nah that would be the usa + the west with there unfundit pension liabiletys ... while letting China steel crytical industry allowing them to get know how to win the long game.
Economic failure.....let me count the ways...... 1. Lack of market transparency 2. Accounting fraud 3. Government corruption at every level 4. Intellectual property theft 5. Slave wages which destroys incentives 6. Little accountability for fraudsters 7. Fascist economic model Feel free to add your own
Also- persecuting entrepreneurs who deign to challenge an authoritarian government, thus disincentivizing them; and a government's not providing a sufficient safety net for its citizenry, particularly for the elderly, so people obsessively save for their retirement rather than devoting more of their income to consumer purchase (though the mostly fraudulent housing sector was a notable exception).
The so-called Rotting Tail Buildings there has been infamous for decades. Let alone those whose ancestral homes and land had already been robbed legally
The CCP don't, they think it's the buyers problem although they make the rules (But also own the banks who would have to cough up the money as the developers haven't got any).!?!
There's a 'city' in northern China, built entirely for new industries that never were established, with entire apartment complexes (highrises, multiple) that have never been rented... they're ghost cities. The Chinese economy is a massively corrupt scam.
@@TomTomicMic But it's also true that Morgage relief is the single best thing the CCP could do for the PRC's economy. Pity the Xi is stanchly against helping the Chinese people.
I was always told, that as a small time investor I should stay well clear of the Chinese stock exchange. I was told it was too subject to manipulation, either by the government or by other large actors. It now seems that was good advice. I will speculate that the deflation is caused by the collapse in new mortgages. Money is created when a loan is made and deposited elsewhere. The lack of new mortgage loans means the lack of money creation. Also, economies only grow when there is new investment in productive capital. I think the rest of the economy is distorted by the CCP, and doesn’t have any means of growing. SOEs suck up the available capital, and invest in politically determined areas.
I was told decades ago by a Nobel Laureate in economics to think of money as a measure of trust. That was sufficient for me to never invest in anything in China. Ditto for Russia, North Korea and Iran.
The short selling restrictions will end foreign investments in China. It removes the liquidity and investors can't protect themselves against government manipulation. AKA much higher risk and your money can get stuck in China.
Pre paying for non existent properties leaves itself open to fraud. Fly by night developers are horrific. If they actually build they cut costs by using cheap sub standard materials. Recently a multi story new build only partially completed just spontaneously collapsed killing most of the workers. I see a number of high rises in china do this sudden implosion. Nigeria has the same problem. No building standards no inspectors
@@TonyPoulter Which has been happening everywhere in china. Look at the high rise building, they are crumbling and actually toppling over, let alone the road infrastructure. serpenza has loads of videos abiut this subject, and others.
Pair that with the fact that China is by far no longer the cheapest or best place to make things any longer resulting in a manufacturing exodus. They're screwed.
The stories about the developers are worse than it sounds - not only would they take the money and force mortgages on people before the first brick was laid, they also actively stiff the construction workers as well even after building starts. And there is no legal protection for either the workers or the people who have basically had their money stolen in the Chinese courts. If anyone attempts to protest the fact that they have had their money stolen by the developers they are arrested by "stability forces" and disappeared. The fact that so many families have had Generations of wealth stolen by developers that are facing no consequences is a major drag on the Chinese economy.
@@twoninetwosevenone You may well be correct. It is difuicult to know where China is headed. As best I can see Xi is intent on bringing the private sector back under state control. I suppose he can do that, but I suspect that will impact the GDP growth rate. And who knows what the impact of that will be.
When your GDP is fraudulently overstated by 30-60% and relies on building millions of unoccupied apartments and unneeded rail lines, bad times are a cummin!
@livelikemateo6951 All true, but the fundamental problem is that you can not build a great manufacturing base and at the same time alienate your major buyers.
Just found this channel! Wow! That’s exactly the level of analysis I’ve been looking for-clear, sharp, and focused on facts and numbers. No BS or propaganda. Thanks, Joe! Keep up the great work!
Winnie ahd his nationalists scaring away the customers with his oppression of the HK peoples and threats to the rest of the world... australia, NZ, Canada, Lithuania... the list is endless
Very true. Far too many of the current CCP spokespeople are far too aggressive. A few of the OTT ones have been demoted as they were very poor diplomats. Will they learn that other countries can also be invested into and lots of stuff they make (like toys) are not essentials, just luxuries.
You can't buy property in China, you can buy the years left on a lease that started at 70 years at the time the property developer leased the land from the state. You do not own land and you do not own the apertment. It's like owning a copy of an always-online game, when the servers shut down (the 70-year lease to the property developer runs out) you may own a copy of the game (your contract with the property developer), but without servers (when the land returns to the state) you effectively own nothing.
Good report. But the decline its not all about what happening in the Chinese economy: . Other major issues includes 1) Xi's Wolf diplomacy. 2) The CCP's totalitarian policies, especially controlling young people's lives. 3) The CCP' threat to treat foreign businessmen like spies. 4). Threats against Taiwan. 5) Conducting the genocide of the Yugurs. 6) Supporting Russian aggression ageist Ukraine. 7) Refusing to be honest about the Covid-Wuhan Pandemic. 8) Engaging in unfair trade practices forcing other countries to take protectionist steps. 9) Prompting drug sales in America especially fontanel. 10) This is not by any means a complete list, there are many other issues.
Very nicely explained by you Late 2019, China's corona virus devasteted whole world. Millions died from China's corona virus.Millions lost their loved ones After WHO pressure,no details from china made available to the World
@barrybrodin7085 Russia 🇷🇺 is a self-sufficient country. India 🇮🇳 supports Russia for oil sales to Europe. Western media is all propoganda. So yeaaah Russia ain't going no where!!
I find the ghost city boondoggles so fascinating. Here are thousands of huge units that will never be completed yet they are also likely never to be taken down because that involves huge costs and labor. Thus they'll just rot away and eventually crumble like the lost Mayan structures in the jungle. What a mess!
Interesting analysis. Worth noting Xi tried to punish Australia by banning various imports, but our exporters just switched to other markets. The Chinese bullying failed and the weakening Chinese economy meant Xi had to cancel the bans and re-allow our Aussie imports. So Australia showed it is possible to resist Chinese bullying. Australia is keen to trade with China, but we won't be bullied - it has to be genuinely free trade.
China wants to use BRICS to have other countries to bolster their weaponized trade practices. It will not work as well as they want. It will complicate world trade though.
If i remember correctly it was the racist Australian PM who began his racist calls for a Covid inquiry in the middle of the pandemic and his absurd calls for China to be punished. Don't start something then pretend it is the other guys fault when he reacts.
China's political leadership just can't seem to get out of its own way. Idealism and an addiction to authoritarianism hobbles them while creating wariness for potential investors. It's fascinating to me that China doesn't recognize that authoritarianism is a strength in have-not countries only where a boot on the back of the neck of the people is all that prevents an uprising. China has begun to become a wealthy country. When this happens the script is flipped and it is authoritarianism alone that could in fact trigger an insurrection.
It's the crackdown on disruptive talent from middle management to just below the authoritarian where corruption and false reports up the chain then become the normal that always will be the undoing.
This is actually great. Told my children and any friends over a year ago to leave china and fast. Whatever else has been a better investment. Now usually, you could play the game of re-investing, I do not think china has hit the bottom. No quick turn expected…
I really enjoyed our recent trip to all sorts of wonderful places. Getting the visa was a pain but because of the lack of tourism the plane had loads of space both ways. However you need to have Wepay sorted or you are screwed. Also they waste vast resources checking on id at a museum FFS. I hate it but you learn to accept it and it transport us far more efficient than British or american transport hubs that is the Heathrow and Florida shit shows. 😂😂😂
The unfinished construction projects+ the already built buildings can host both the Chinese and the indian population 3 billion people. This is because the Chinese were investing heavily in properties as a safe investment.
Joe, have you done a video on (as per Serpentza) : The Chinese Communist Party owns 100% of all land in China... The property developers 'buy' leases from the CCP, and Chinese citizens 'buy' leases (term-limited) of an apartment from the property developers. Economic impacts for citizens (buy property offshore then), property developers [CCP fools(?) - unless they use inv funds to buy offshore
By far and away the primary vehicle for wealth accumulation in China is seen as real estate. Its a bit of a different market there, but think about where the U.S. was back in the '80's. Pretty much the same idea. Most of people's wealth is wrapped up in their homes.
By far the best investment in China over the past two decades has been in high quality Chinese antiques, particularly imperial porcelains of the Ming and Qing dynasties. Prices have doubled or quadrupled but are now plateauing. I don’t expect a significant rise hereafter.
@Joe Blogs - Joe have you considered having a little discussion at the end of your piece as to what YOU would do in terms of fixing, or mitigating or trying to solve a given issue you address... okay fair enough it for fun we don't expect you to be a financial guru that solves the worlds monetary problems... but it would be a fun addition.
Joe. There are quite a few comentarist and videos that constantly show how China is losing foreing investors, how foreing companies are abandoning China, how chinese millionaires are moving their money overseas, how the real estate has collapsed, the high unemployment, the lack of internal consumption etc., yet, there are institutions and people that proyect China being the number one economy in a few decades. What do you make of this diverse points of view?
China heading to being a leader is clownery. 1/3 of their wealth is tied to real estate and 800 million people are in debt when houses are already falling apart. Manufacturing is down because the US and EU nations are decoupling. Chinese banks are issuing fake money to clients. If the CCP can't resolve their financial problems, they'll wage a war on Taiwan and keep their citizens busy dying rather than holding the CCP responsible for the economic collapse.....
That is a very good point, because those investors are in average naive. However the improvement in the countryside housing and at the same time improving education will have long term benefits. Recently drove through some good and bad areas, and in the countryside there are still lots of people not being that productive but living in housing one hell of a lot better than they used to. Not all as there is still old peasant housing, but not that much wherever we drove and that was through 3 provinces. It was an interesting trip and Chinas own economy has its own internal dynamism, so all of the “tourists” we saw, were chinese citizens visiting the waterfalls, or temples, museums etc.
True, however that is why experts say, unless you're a skillful short-term trader, you shouldn't invest in the stock market if you think you'll need the money within a few years. Investment horizons should be 10+ years, if you want nearly guaranteed positive returns. The longer the horizon, the better. So I would wait and see if the Chinese stock markets still look like this in 2029 or 2030.
Hold on.... LAst year we were told by Blackrock and Vanguard, and all the Main networks that China was a great bet. who would have known this would happen. :)
The information was widely available outside China and other dictator countries, you just have to view more sources and make a detailed judgement and maybe not just ones with vested interests!?!
This is the most in-depth analysis of the Chinese property collapse. Increasing central planning results in the individual citizen bearing the costs of its failings. Deng was at least committed to increasing personal freedom through economic choice in a limited way.
With the collapse of the property market, the rise in default and rug pulls in their EV market and the youth unemployment rate at an all time high coupled with an aging population China has very little chance of recovery, especially in today's economic climate.
The Chinese stock market rallied immediately after this. I'm writing this message 2 days after this video and it's up 9% over the last 7 days. By contrast the S&P 1.5% Getting a little tired of these CRASH videos after every little fluctuation
Joe, I agree with your assessment EXCEPT for the fact that stock markets experience ebbs and flows from time to time. I agree that the Chinese SM will suffer over the short term but consider the long term ... all you have to do is consider the last 30 years of growth in this market to see that yes, while it is currently down, it is UP significantly over this time. If examine the trend ... it is up.
I have a video from 2022 or 2023 about the Chinese property market by Joe, he keeps saying the same thing about China and how it will collapse. He has the ability to take a very small bit of bad news and project the downfall of something esp. China/Russia/Iran/Venezuela i.e. the axis of evil.
The main marker for the state of the economy used to be the balance of payments. This is now never mentioned and the measures seem to be how many houses have been built and how many cars sold, which is ludicrous
Transparency and governance and auditing and corporate holding structure; should I go on? Always felt Chinese market was worth investing in but too hard to make a judgement on a company.
Foreigners who invest in Chinese stocks might as well burn their money and any problems and you'll get nowt back, you're at the end of a long queue, that's without it also being a rigged market by the CCP, but they are always looking for suckers!?!
The US economy is a powerhouse with a diverse range of sectors. The stock market and the dollar have traditionally been safe havens due to their long-term growth and stability. However, potential downturns are part of the economic cycle, and laws are in place to manage defaults and asset seizures. Inflation can be a concern, but remember, certain assets like stocks and Crypto’s acts as a hedge. Long & short-term trading is generally safer, allowing investors to weather market volatility. I have managed to grow a nest egg of around 100k to a decent 432k in the space of a few months... I'm especially grateful to Aldona Sabaniene, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape....
One thing I know for certain is crypto is here to stay, the only thing that leaves is the people who don't manage their risk. Manage that, or the market will manage it for you. With the right strategies you will survive.
Would be interesting to see an overlay of commodities such as oil, coal, grain, concrete, steel with the gate prices and stock market. Basically the balance of trade vs the stock market. How much did china’s raw material purchases flow into their stock market. Isn’t access to the Chinese stock market restricted? Over the past 20 years China built a country’s worth of infrastructure, like roads and apartments that have no lasting purpose. The rush stopped 3 years ago with the realestate sector, and now they are working through what to do with it. Furthermore, they have no need to build more, and their resource boom has dried up.
My advice to new investors: Buy good companies stocks and hold them as long as they are good companies. Just do this and ignore the forecasts and market views which are at best entertaining but completely useless.
The key to big returns is not big moving stocks. It's managing risk in relationship to reward. Having the correct size on and turning your edge as many times as necessary to reach your goal. That holds true from long term investing to day trading.
I totally agree; I am 66 years old, recently retired, with approximately $1.2 million in external retirement funds. I am debt free and have very little money in retirement funds compared to the total value of my portfolio over the past three years. To be honest, I didn't do all this alone, but with the help of a financial advisor. Having one is currently the best way to trade in the stock market, especially for people nearing retirement.
Is there any chance you could recommend who you work with? I've wanted to make this switch for a very long time now, but I've been very hesitant about. I'll appreciate any recommendation.
Finding financial advisors like Sophia Maurine Lanting who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
Thanks a lot for this recommendation. I just looked her up on google, and I have sent her an email. I hope she gets back to me soon.
Simple rule: Never invest in dictatorships.
💯
Agreed. What's missing from this discussion is reference to the falling London Stock exchange. Representing another failed economy under a government not answerable to its people
Especially ‘communist Authoritarian dictatorships ‘
IMHO, much of the UK's financial problems are because of the racist Brexit fiasco. Ignorant racists let themselves get played by Russian lies. In the final analysis, you are exactly wrong. The tory government made the error of listening to the idiot brexiteers rather than acting in the country's best interest.
@@alexdavis1541 You nailed it. The UK government cares about "stakeholders", not citizens, and some stakeholders are more equal than others.
The CCP runs the world's biggest Pyramid scheme. 😮 😂😂😂
Right under the USA pyramid scheme and I'm saying that as a USA citizen.
Most government are.
Tofu dreg stocks
China has moved from being an underdeveloped county to the world's major manufacturing country in a very short period of time. That's not a pyramid scheme (and I suspect you don't know what a pyramid scheme is).
nah that would be the usa + the west with there unfundit pension liabiletys ... while letting China steel crytical industry allowing them to get know how to win the long game.
Senior in Montreal here. Thank you for your hard work and helping us understand the world today.
Hello to you in Montreal! Beautiful city. I lived there in the 1990s while going to school. I couldn't take the humidity though, haha.
Hello from senior in the Laurentians. 😊
@@nancyhope2205 Rosemont here, and a Nancy too
Went to RHS
@@paulinelee3334 I had a year at Westmount high school in ‘63
The first rule of investment is never invest in a country where there is no rule of law.
But, but, cheap labor? Lol
Unless you know the people who make the rules. And have "compensated" them. And even then there's a chance they could be deposed.
@@noobtube4760 Chinese labor is no longer cheap.
Absolutely correct. The rule of law is vital.
True. Unfortunately also true here of late....
Economic failure.....let me count the ways......
1. Lack of market transparency
2. Accounting fraud
3. Government corruption at every level
4. Intellectual property theft
5. Slave wages which destroys incentives
6. Little accountability for fraudsters
7. Fascist economic model
Feel free to add your own
@surfboy344 Good list. But slave wages is incorrect. Wages have risen in China which is actually a problem because China is becoming uncompetitive.
I would say: 7. A guided or planned economical model instead of fascist economical model.
This list sounds like how the US government/economy and wallstreet exploit the poor for money through political radicalism and private equity.
Add "all of the above" to the list 👍
Also- persecuting entrepreneurs who deign to challenge an authoritarian government, thus disincentivizing them; and a government's not providing a sufficient safety net for its citizenry, particularly for the elderly, so people obsessively save for their retirement rather than devoting more of their income to consumer purchase (though the mostly fraudulent housing sector was a notable exception).
This is horrendous . I feel sorry for anyone who took out a mortgage and don't have a home to show for it.
The so-called Rotting Tail Buildings there has been infamous for decades. Let alone those whose ancestral homes and land had already been robbed legally
The CCP don't, they think it's the buyers problem although they make the rules (But also own the banks who would have to cough up the money as the developers haven't got any).!?!
There's a 'city' in northern China, built entirely for new industries that never were established, with entire apartment complexes (highrises, multiple) that have never been rented... they're ghost cities. The Chinese economy is a massively corrupt scam.
@@TomTomicMic But it's also true that Morgage relief is the single best thing the CCP could do for the PRC's economy.
Pity the Xi is stanchly against helping the Chinese people.
Those kind of mortgages baffle me. What bank would lend against a promise? Maybe you would, at 50% interest, but geez.
I was always told, that as a small time investor I should stay well clear of the Chinese stock exchange. I was told it was too subject to manipulation, either by the government or by other large actors. It now seems that was good advice.
I will speculate that the deflation is caused by the collapse in new mortgages. Money is created when a loan is made and deposited elsewhere. The lack of new mortgage loans means the lack of money creation. Also, economies only grow when there is new investment in productive capital. I think the rest of the economy is distorted by the CCP, and doesn’t have any means of growing. SOEs suck up the available capital, and invest in politically determined areas.
I was told decades ago by a Nobel Laureate in economics to think of money as a measure of trust. That was sufficient for me to never invest in anything in China. Ditto for Russia, North Korea and Iran.
The short selling restrictions will end foreign investments in China. It removes the liquidity and investors can't protect themselves against government manipulation. AKA much higher risk and your money can get stuck in China.
Pre paying for non existent properties leaves itself open to fraud. Fly by night developers are horrific. If they actually build they cut costs by using cheap sub standard materials. Recently a multi story new build only partially completed just spontaneously collapsed killing most of the workers. I see a number of high rises in china do this sudden implosion. Nigeria has the same problem. No building standards no inspectors
@@TonyPoulter Which has been happening everywhere in china. Look at the high rise building, they are crumbling and actually toppling over, let alone the road infrastructure. serpenza has loads of videos abiut this subject, and others.
@TonyPoulter
Couldn’t happen to nicer people.
With a rapidly aging population too, China is toast.
And millions Chinese Rich , middle class , and poor are rapidly leaving the country .
A lot of the world is facing demographic problems.
But yes, "one child" made the situation far worse than it needed to be.
Pair that with the fact that China is by far no longer the cheapest or best place to make things any longer resulting in a manufacturing exodus. They're screwed.
Is it possible that Chinese population is even lower than 1 billion?
@@Ufu4847 :After pandemic 😷 : YES, Posible .
The stories about the developers are worse than it sounds - not only would they take the money and force mortgages on people before the first brick was laid, they also actively stiff the construction workers as well even after building starts. And there is no legal protection for either the workers or the people who have basically had their money stolen in the Chinese courts. If anyone attempts to protest the fact that they have had their money stolen by the developers they are arrested by "stability forces" and disappeared. The fact that so many families have had Generations of wealth stolen by developers that are facing no consequences is a major drag on the Chinese economy.
@huma474 And a drag that will persist for a generation.
And the people moving overseas, buying houses and cars are the children of those predators.
@@dennisweidner288didn't know the word """ a """ means several .
@@twoninetwosevenone You may well be correct. It is difuicult to know where China is headed. As best I can see Xi is intent on bringing the private sector back under state control. I suppose he can do that, but I suspect that will impact the GDP growth rate. And who knows what the impact of that will be.
When your GDP is fraudulently overstated by 30-60% and relies on building millions of unoccupied apartments and unneeded rail lines, bad times are a cummin!
@livelikemateo6951 All true, but the fundamental problem is that you can not build a great manufacturing base and at the same time alienate your major buyers.
U r a customer of China too 💀
@@xvy333 I think virtually every Amercvan is, but China is forcing the U.S,. Government to reduce trade ties. It will not benefit China.
Yeah lol for toilet paper.@xvy333
Just found this channel! Wow! That’s exactly the level of analysis I’ve been looking for-clear, sharp, and focused on facts and numbers. No BS or propaganda. Thanks, Joe! Keep up the great work!
China is the ultimate paper tiger.
Actually, it's a tofu tiger 🤪
@@louiswilliamterminator2887 fake tofu tiger
Fake paper tofu tiger.
paper dragon
It is not the only one !
Winnie ahd his nationalists scaring away the customers with his oppression of the HK peoples and threats to the rest of the world... australia, NZ, Canada, Lithuania... the list is endless
Joe Blogs is Russiaphobic BS
Very true. Far too many of the current CCP spokespeople are far too aggressive. A few of the OTT ones have been demoted as they were very poor diplomats.
Will they learn that other countries can also be invested into and lots of stuff they make (like toys) are not essentials, just luxuries.
You can't buy property in China, you can buy the years left on a lease that started at 70 years at the time the property developer leased the land from the state. You do not own land and you do not own the apertment. It's like owning a copy of an always-online game, when the servers shut down (the 70-year lease to the property developer runs out) you may own a copy of the game (your contract with the property developer), but without servers (when the land returns to the state) you effectively own nothing.
Bruh...
Everyone operates on the assumption that the state guarantees automatic rollover
@@carolgebert7833 Not a good idea given that the state is bankrupt.
70 years?.... You'll be lucky if your house doesn't break in half at the five year mark....
The "fundamentals in a market will always prevail" is a point that a great many people spend a lot of time evading.
Good report. But the decline its not all about what happening in the Chinese economy:
. Other major issues includes
1) Xi's Wolf diplomacy.
2) The CCP's totalitarian policies, especially controlling young people's lives.
3) The CCP' threat to treat foreign businessmen like spies.
4). Threats against Taiwan.
5) Conducting the genocide of the Yugurs.
6) Supporting Russian aggression ageist Ukraine.
7) Refusing to be honest about the Covid-Wuhan Pandemic.
8) Engaging in unfair trade practices forcing other countries to take protectionist steps.
9) Prompting drug sales in America especially fontanel.
10) This is not by any means a complete list, there are many other issues.
Very nicely explained by you
Late 2019, China's corona virus devasteted whole world.
Millions died from China's corona virus.Millions lost their loved ones
After WHO pressure,no details from china made available to the World
The knock on effect will seriously affect the Russian economy too. That is a great bonus!
Russia has oil minerals fertilizer diamonds defence industry etc. It's not going anywhere.
@@simransidhu617defence is dead.their military equipment is 3rd rate.😂
@barrybrodin7085 Russia 🇷🇺 is a self-sufficient country. India 🇮🇳 supports Russia for oil sales to Europe. Western media is all propoganda. So yeaaah Russia ain't going no where!!
Don't fool yourself, Europe, the US, and associates will feel it too.
I find the ghost city boondoggles so fascinating. Here are thousands of huge units that will never be completed yet they are also likely never to be taken down because that involves huge costs and labor. Thus they'll just rot away and eventually crumble like the lost Mayan structures in the jungle. What a mess!
Not thousands of apartments, it’s millions of pre-paid apartments that will never be completed.
@gtrdoc911 Thousands is a lowball estimate.
@@seanlander9321 wow! I'm surprised this doesn't get more press. Obviouly something the CCP doesn't want to advertise.
@@seanlander9321millions? Are you positive of this
Thanks, Joe. Fascinating and horrifying analysis.
There is no Transparency!!! Therefore, stay on the safe side of the pavement. Do not cross over.
The $10k investment result examples made understanding the graphs is good, Joe. Thanks.
Problem is that even in those performing index’s not one kept up with inflation so in reality the Chinese investors lost much more than 40%
Interesting analysis.
Worth noting Xi tried to punish Australia by banning various imports, but our exporters just switched to other markets. The Chinese bullying failed and the weakening Chinese economy meant Xi had to cancel the bans and re-allow our Aussie imports. So Australia showed it is possible to resist Chinese bullying.
Australia is keen to trade with China, but we won't be bullied - it has to be genuinely free trade.
China wants to use BRICS to have other countries to bolster their weaponized trade practices. It will not work as well as they want. It will complicate world trade though.
If i remember correctly it was the racist Australian PM who began his racist calls for a Covid inquiry in the middle of the pandemic and his absurd calls for China to be punished. Don't start something then pretend it is the other guys fault when he reacts.
@@michaelotieno6524 Say racist more.
👍🏻
Thank you, Joe.
Slava Ukraini! 🇺🇦
HEROYAM SLAVA 🔱🇺🇦✌🏻🇬🇧
@@imaginemetoo Slava 🇷🇺
@@ZakiHaider-y9o
💤🚽🚬☺️
Things can turn on a dime going from bad to very bad
Investing in an authoritarian communist economy, what could go wrong?
it is as we say it is.
"It was not real communism". And "We should try it in America".
Yes I warned those fools about investing in 'emerging economy' ETF's which were predominantly made up of Chinese shares
Another outstanding report 👍👍👍.
It was extreeeemely informative. Thank's
Invested in one Ballie china fund lucky it was only 2K as it has lost 55% since I bought it,other funds have made over 50%
I love, love, love the "smile on your face" snippets at the end of each of your videos. 🥰🥰
Good job Joe. Thanks.
as always very interesting and informative
Another nice episode. Warmest compliments. Thank you, sir. :)
China's political leadership just can't seem to get out of its own way. Idealism and an addiction to authoritarianism hobbles them while creating wariness for potential investors.
It's fascinating to me that China doesn't recognize that authoritarianism is a strength in have-not countries only where a boot on the back of the neck of the people is all that prevents an uprising. China has begun to become a wealthy country. When this happens the script is flipped and it is authoritarianism alone that could in fact trigger an insurrection.
It's the crackdown on disruptive talent from middle management to just below the authoritarian where corruption and false reports up the chain then become the normal that always will be the undoing.
This is actually great. Told my children and any friends over a year ago to leave china and fast. Whatever else has been a better investment. Now usually, you could play the game of re-investing, I do not think china has hit the bottom. No quick turn expected…
Music to my ears.
For China, announcing you intend to squandor your national wealth by invading your neighbour, doesnt do.much for business and investor confidence.
Yo Joe, Great Details for a very Detailed Timestamp here is greatly appreciated! Thanks for the Post.
Thanks, Joe.
great overview and love the dogs at the end, how happy are they...
Chinese stockmarket, isn't comparable to western markets. It mainly operates, like a lottery game.
Yes they are addicted to gambling
nice synopsis here, thanks!
I dont care what they say about your charts...I love them, it takes your words and show me what your talking about. Excellent!,😊
Thanks Joe for the update❤❤
I wouldn't even step in china as a tourist no way.
I really enjoyed our recent trip to all sorts of wonderful places.
Getting the visa was a pain but because of the lack of tourism the plane had loads of space both ways.
However you need to have Wepay sorted or you are screwed.
Also they waste vast resources checking on id at a museum FFS.
I hate it but you learn to accept it and it transport us far more efficient than British or american transport hubs that is the Heathrow and Florida shit shows. 😂😂😂
The unfinished construction projects+ the already built buildings can host both the Chinese and the indian population 3 billion people. This is because the Chinese were investing heavily in properties as a safe investment.
Paying a mortgage on an apartment that’s not built yet is not a safe investment !
If stocks are decreasing and property prices are decreasing and wages are low, it means there is no capacity for domestic demand…
Danke!
Joe, have you done a video on (as per Serpentza) : The Chinese Communist Party owns 100% of all land in China...
The property developers 'buy' leases from the CCP, and Chinese citizens 'buy' leases (term-limited) of an apartment from the property developers.
Economic impacts for citizens (buy property offshore then), property developers [CCP fools(?) - unless they use inv funds to buy offshore
The video I want to see: is there really a housing crisis in the USA or is there an excess of homes empty because of greed?
@akeleven The housing crisis in America is a lack of houses, not an oversupply.
Before investing in China, just remember that everything belongs to the government and can be nationalized at a moment’s notice.
Awesome video Joe. I’m so impressed with your videos. I’ve learned more about economics from you, than I have, ever. Keep up the good work!
Liked the breakdown of the different stock markets ….very educational, as a money newbie.
Great show as always
Well said
Excellent video Joe!!
Good summary; thank you!
By far and away the primary vehicle for wealth accumulation in China is seen as real estate. Its a bit of a different market there, but think about where the U.S. was back in the '80's. Pretty much the same idea. Most of people's wealth is wrapped up in their homes.
Most of people's FORMER wealth is wrapped up in their homes.
Thanks Joe 😊
really excellent analysis. Thanks!
By far the best investment in China over the past two decades has been in high quality Chinese antiques, particularly imperial porcelains of the Ming and Qing dynasties. Prices have doubled or quadrupled but are now plateauing. I don’t expect a significant rise hereafter.
that explains why usa is under 40 trillion $ debt to China .
Wonderful video as always 😇
Thank you for your hard work and I really enjoy your videos 😊
@Joe Blogs - Joe have you considered having a little discussion at the end of your piece as to what YOU would do in terms of fixing, or mitigating or trying to solve a given issue you address... okay fair enough it for fun we don't expect you to be a financial guru that solves the worlds monetary problems... but it would be a fun addition.
Thx Joe
"... enjoyed today's video " No; it scared the snot out of me.
Thanks again anyway, for being so helpful and informative ...
Thanks
gréât analysts ! your better than bloomberg ironic reports
Great commentary, Joe.
Joe. There are quite a few comentarist and videos that constantly show how China is losing foreing investors, how foreing companies are abandoning China, how chinese millionaires are moving their money overseas, how the real estate has collapsed, the high unemployment, the lack of internal consumption etc., yet, there are institutions and people that proyect China being the number one economy in a few decades. What do you make of this diverse points of view?
China heading to being a leader is clownery. 1/3 of their wealth is tied to real estate and 800 million people are in debt when houses are already falling apart. Manufacturing is down because the US and EU nations are decoupling. Chinese banks are issuing fake money to clients. If the CCP can't resolve their financial problems, they'll wage a war on Taiwan and keep their citizens busy dying rather than holding the CCP responsible for the economic collapse.....
That would be great topic for a video.
Their only hope is the Chinese consumer, and tremendous rise in birth rates or mass immigration
Yeah, it's useful. Thanks
The farmer doesn’t have a smile on his face. 😂
A billion peasants got mortgages and credit cards, what could possibly go wrong?
That is a very good point, because those investors are in average naive. However the improvement in the countryside housing and at the same time improving education will have long term benefits.
Recently drove through some good and bad areas, and in the countryside there are still lots of people not being that productive but living in housing one hell of a lot better than they used to.
Not all as there is still old peasant housing, but not that much wherever we drove and that was through 3 provinces.
It was an interesting trip and Chinas own economy has its own internal dynamism, so all of the “tourists” we saw, were chinese citizens visiting the waterfalls, or temples, museums etc.
True, however that is why experts say, unless you're a skillful short-term trader, you shouldn't invest in the stock market if you think you'll need the money within a few years.
Investment horizons should be 10+ years, if you want nearly guaranteed positive returns. The longer the horizon, the better.
So I would wait and see if the Chinese stock markets still look like this in 2029 or 2030.
Hold on.... LAst year we were told by Blackrock and Vanguard, and all the Main networks that China was a great bet. who would have known this would happen. :)
They must have had stock to offload. Their advice is for their benefit .
Do the exact opposite of what black rock tells you.
The information was widely available outside China and other dictator countries, you just have to view more sources and make a detailed judgement and maybe not just ones with vested interests!?!
@blackchallis Blackstone and he media are disgusting, but i am not sure that they were promoting investment in China.
It was Blackrock holding the shears. BAAAA!
JOE-You should have included the Hong Kong Stock Exchange also to compare with the CSI!
This is the most in-depth analysis of the Chinese property collapse. Increasing central planning results in the individual citizen bearing the costs of its failings. Deng was at least committed to increasing personal freedom through economic choice in a limited way.
😂😂China 0 recession
China 0 inflation
Usa recession
Uk recession
France recession
Germany recessing
India recession
Taiwan recession
With the collapse of the property market, the rise in default and rug pulls in their EV market and the youth unemployment rate at an all time high coupled with an aging population China has very little chance of recovery, especially in today's economic climate.
Economy v stock market isn’t that correlated. It’s the political risk, regulation and capital control.
good job thaks
The Chinese stock market rallied immediately after this.
I'm writing this message 2 days after this video and it's up 9% over the last 7 days. By contrast the S&P 1.5%
Getting a little tired of these CRASH videos after every little fluctuation
thanks
"" NO. TRUST "" "" NO BUSINESS "". !!!!
that explains why usa is under 40 trillion $ debt to China .
Joe, I agree with your assessment EXCEPT for the fact that stock markets experience ebbs and flows from time to time. I agree that the Chinese SM will suffer over the short term but consider the long term ... all you have to do is consider the last 30 years of growth in this market to see that yes, while it is currently down, it is UP significantly over this time. If examine the trend ... it is up.
I have a video from 2022 or 2023 about the Chinese property market by Joe, he keeps saying the same thing about China and how it will collapse. He has the ability to take a very small bit of bad news and project the downfall of something esp. China/Russia/Iran/Venezuela i.e. the axis of evil.
awesome
Joe's Blogs makes my day!
You are important to my understanding of what is important in the world.
Kindest regards. 2:46
We continue to see and hear of all the problems in the Chinese economy. So, when does it collapse, or what can save their economy?
Thanks joe.
BS: Japan Yen dropped more than 50%, so no money made.
What about most of the manufacturing that has left China? Will China rebuild Shanghai? Can they?
The main marker for the state of the economy used to be the balance of payments. This is now never mentioned and the measures seem to be how many houses have been built and how many cars sold, which is ludicrous
Transparency and governance and auditing and corporate holding structure; should I go on? Always felt Chinese market was worth investing in but too hard to make a judgement on a company.
Foreigners who invest in Chinese stocks might as well burn their money and any problems and you'll get nowt back, you're at the end of a long queue, that's without it also being a rigged market by the CCP, but they are always looking for suckers!?!
The US economy is a powerhouse with a diverse range of sectors. The stock market and the dollar have traditionally been safe havens due to their long-term growth and stability. However, potential downturns are part of the economic cycle, and laws are in place to manage defaults and asset seizures. Inflation can be a concern, but remember, certain assets like stocks and Crypto’s acts as a hedge. Long & short-term trading is generally safer, allowing investors to weather market volatility. I have managed to grow a nest egg of around 100k to a decent 432k in the space of a few months... I'm especially grateful to Aldona Sabaniene, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape....
I heard her strategies are really good, How do I reach your Coach/mentor...
Aldona Šabanienė program is widely available online..
She mostly interacts on Telegrams, using the user-name.
@AldonaSabaniene.
One thing I know for certain is crypto is here to stay, the only thing that leaves is the people who don't manage their risk. Manage that, or the market will manage it for you. With the right strategies you will survive.
It’s good to see what is happening but how and why are the most important answers we want to know.
Joe blogs, that sculpture looks very similsr to the soil nematode C. elagens. You need to get rid of it.
Hi.
Thanks, Joe.
"Communism is not an investment strategy."
- Kyle Bass
that explains why usa is under 40 trillion $ debt to China .
Hey Joe!!
Would be interesting to see an overlay of commodities such as oil, coal, grain, concrete, steel with the gate prices and stock market. Basically the balance of trade vs the stock market. How much did china’s raw material purchases flow into their stock market.
Isn’t access to the Chinese stock market restricted?
Over the past 20 years China built a country’s worth of infrastructure, like roads and apartments that have no lasting purpose. The rush stopped 3 years ago with the realestate sector, and now they are working through what to do with it. Furthermore, they have no need to build more, and their resource boom has dried up.
Short selling restrictions ALWAYS make things worse.