Talk is Cheap! I wanna put a wager with anyone who thinks China will collapse but I know Americans will never be able to pay me back becos they will be broke by then.
@nelsonsim Bet! but I believe American Economy goes first causing China's collapse. I see the domino effect, EU collapse, causing American Collapse, etc..then anger at America as Countries point their fingers at who was the culprit and war.
If China is headed for a collapse, the dollar will retain it's reserve status,Most western countries don't trust China, there is massive corruption, fraud, lack of IP protection, a lot of counterfeiters (the best counterfeits of US $ comes from China) and so on. The US, despite it's problems, is much more trustworthy and the reality is that China and the US are the only countries large enough to have a reserve currency and I think these things will prevent the yuan from being a reserve currency.
How will China collapse went the government already enslave the people? The only country that might collapse is the US since it keep shipping jobs to China like a bunch of dumbasses. People cannot buy stuff if they have no jobs...Made in China product might be cheapest, but it is also the worst quality. I brought a paper hole puncher made in China and it can't make a hole on a piece of paper. China will hit 2 billions in10-20 years.
@ComradeMing ....you have fallen many times and morphed into something different. The Chinese after the Mongols kicked your asses are different from when the British disgraced China and different again when the Japanese cleaned your clocks in the 1930s/40s. After Moa's heartless slaughter of deca millions during the cutural revolution to Communism, the people morphed again.....what your ancestors called China is not China now but rather an alien fabrication influenced by others
@stevogood2goski LOL what makes China Chinese? its the culture, we still speak the same language as Chinese did in 5000BC. infact if you get an bone oracle of Shang dynasty from 2000BC and go around China most literate people will reconize and read the characters. we still celebrate festivals that lasted more than 3 millenia, we still follow moral expectations that Confucius spoke of in 500BC,communism and punny mongols british japs are only cockroaches compare to China.
@pplla78 if SHTF... China will be in as much/more trouble than the USA. China holds paper debt. If SHTF, paper debt = toilet paper. Canada, Mexico, and USA have more resources than China/Europe combined. I would rather have real value resources than paper debt if SHTF. As far as forcing N.America ... China has 340 4th gen fighters, USA alone has more than 3200
this is assuming no new technologies come around within the next few decades and the world stagnates. Which it won't. most leading nations china included, are spending billions on developing alternate energy and futuristic means of producing reasources.
Hope they all die in a earthquake, better still all the people and houses disappeared, then clear the land, let people who have actually real passion and compassion to take over and expand the land, i doubt china people would ever get brains in the near of the time.
white men are hate China men, because we are smarter than them and that why they wishing CHina to collapse,but its won't happen, because we Chinese are not dumby like white men.
They live beyon they mean and that why they broke! fucking stupid white men
white men are hate China men, because we are smarter than them and that why they wishing CHina to collapse,but its won't happen, because we Chinese are not dumby like white men.
They live beyon they mean and that why they broke!
@EconCat88 If you do a little research, the situation is very much different to the US housing collapse, generally speaking if a Chinese wanted to purchase an investment property they had to put at times up to 50% of the purchase price. So there is money there unlike what happened in the US where it was just a piece of IOU.
In the matters of man, God is not a bystander. America for all her mistakes is a God respecting nation whose people are good at heart but who have temporarily lost sight of the principled guiding beacon. God has given unto the Eagle the powers to throw off the yolk of evil that rules its' subjects with a sinful corruption. God has given unto the Eagle the power to protect His chosen people...... the children of Isreal. Finally God gave the Eagle the power to overcome Evil.
Today due to the free trade system, today most of the world are buying and selling their products to China....last year USA exported to China more than $220B, Japan $98B,S.Korea $54B, Germany$50B... the world is selling more than $1.5 Trillion to China ...even most of the Latin America and African countries are tie up with China and they would work with China not to allow it to collapse........
Regarding the one child policy in China, we can read that they soon will allow two child per family.
Europe and America are financially and economically collapsing and will affect China exports of their products, however more than 40% of the products China export are from transnational corporations, although Chinese workers will loose jobs,transnational companies will be the mayor looser....China isl working now to incentive the local people to consume their own make products so their factories can continue to produce and keep thy people working.
The main looming problem for China is a self inflicted demograhic time bomb. China has prevented millions of chinese people from being born with its one child policy. Now while this will have made china politically stable for now & safe for the communist party regime it also means that china will start to age before it has developed. Basically it will have to deal with a first world problem without first world wealth (that nations like Japan have)
Believe in experts, IMF report that China GDP already reached 11.2 trillion, only 3.5 tn short to american, will surpass U.S in 2015 or 16, NY economic forum report China will surpass USA in 2012
IMF estimate China GDP in 2040 will be a whopping 123 trillion (by trend of the past 30 years at averg 10% GDP)
Hard working ppl, good policy,focus on better life, infraustructure, made China stand out
China will dominate the 21th century & beyond, they already has 5,000 years history
ccp has more than 300000 internet propaganda dogs, its famous things (its call 五毛党 or 50cent army, etc), ccp`s more than 300000 guy is working everyday 24hours everywhere internet, they deceive their chinks and world people too, they are making fake comment everywhere internet, even youtube too, those ccp`s propaganda dog is try to operate pablic opinion, i can see so many those dogs in youtube, if you go any chinks video, most of chinks commentator is just one of 300000
The last time China was on the verge of collapse was 90 years ago when the country was beset by internal conflicts i.e warlords fighting for power and territory control. There was massive corruption, strikes and daily demonstration by students and workers. Civil war broke out between the Nationalist Army and Communist. Eventually Japan took advantage of China weaknesses and invaded the country in 1936.
The Chinese people had learnt a bitter lesson and they swear this will never happen again.
@bhasinuscuscable ALL FXXX proparganda and controlled media, Like Mayor Blumberg said, all lies, they told us china crash china buble china social unrest last 10 years, folks wake up and stand to stop them
Now IMF report that China GDP is a whopping 11.2 trillion, may be next year surpass U.S 14 trillion.
we need be smart, use our heads, if China got pess off start dumb then we r finished, the debt hole just too eneromus, No way out !!
china has all kind of evil things, so many death camp, secret police, etc etc,,,,,,,china is most hell place in the world, communist kill their against people without any permission necessary, chinese communist party killed historical amount of people, china is perfectly lawless zone for anythings
Your old fashioned analogy does not work with China because it is becoming a leader in innovation leader.....and you fail to understand that China has a completely different culture than America.....
U shold change ur vid, China has consecutive GDP growth ave 10% years for 30 years , IMF recent report, In 2016 China will surpass U.S GDP, actually today, China's GDP already reach $11.2 trillion, only 3.5 tn short to american 14.7 tn
i am sure 9 months from now, China will surpass z USA
in 2025 China GDP will be a whopping $123 trillion, more then world double GDP combine, inevitably China will become a hyperpower nation.
Some western media r really stupid, promote propaganda, they scare
China will face some trouble ahead, but let me have an educated guess: They'll survive it, they have survived centuries of troubles, they'll survive the communists and the coming economic collapse....
@manoman0 I expect the party will survive thanks to much improved PLA and news of 80 million Communist Party membership (largest party in the world according to Guinness Book of world Record for next year's book as being confirmed), except in HK and Macau no members there.
It was thanks mostly to Deng's reforms including economic freedom. Yet The party still lacks human rights. I think the Communists will survive with so many members still going about inside China for many years to come.
China's burning human lives. One human life is equivalent to one barrel of oil. China thus a state of 13B barrels of oil reserve just swapping it for money without much of value addition. In the first place, China has never been a nation but just a pack of region states ruled by dynasties of peripheral races over 4000 years. After Qing, now is Mao dynasty of its 7th emperor Hu. Since they didn't fix the problem, the history tell us that next stage will be civil war and again another dynasty.
@johnkelvintztc no we aint iraqi oil and the 2nd largest in the world.Why do you think we went there?? usa now has the 2nd largest oil in the ground.Plus whos gonna collect their debt from the us?noone exactly.
U need sturdy batter, amature opnion means nothing.
CHINA HAS 30 YEARS consequitive growth GDP average 10% a year per record. Do u know the meaning of 1.3 billion people multiply by this means?
Nobel laurate economist Rober report China's economic will be $123 trillion in 2025, CIA fact book stated China's GDP in 2010 is 9 trillion.
IIMF recent report China's GDP already surpass U.S 14.7 trillion, a shocking numbers China will be a mega surpower in next 5 years, Get ur fact staight !
you guy who condemn china to collapse is sick ignorant and jealous. you may mentally collapse before hand. go eat china roasted ducks and soya chicken and you will find some meaningful stuff.
@scottypd54 i read thru a couple of the comments and in particular you addressing that jwang guy, and i clearly gotta say you hit the nail right on its head, while the other guy responded with insults and facts he must have received from the chinese central committee in beijing :D anyways, greetings from germany to the great United States. :)
Don't forget that we in America will STOP all trade & investment with china to destroy this communist giant from within, too! Funny how economy always follow politics...
@Phead128 How exactly? Half of China's economy (50%) is dependent on trade with the US; not vise-versa. Anything they make, we buy. They're the ones making a profit while we get bargain deal on crappy products. I'd prefer no trade with China at all. We kept our own money instead of sending it over seas. We were better off without them!
America is just under her pre-crisis peak, while China is 20% her pre-crisis level. US consumerism took a massive hit, while China's export oriented economy was negligibly affected by the slowdown in the US consumer economy. It's still roaring in 10-11% per year.
Chinese products barely make any profit, it's the American companies that resell it to consumers that jack up prices 10X for profit.
Protectionism after a economic crisis, haven't you learned from Great Depression?
@Phead128 A fourth of the country was out of work during the great depression; we're no where close to those levels. The biggest problem in the US, aside from the mortgage crisis which was the major cause of our economic collapse, is that we out-sourced all our jobs sending them overseas.
Closing it's door to the west was understandable considering China's very long and well documented history. However, it wasn't until a close economic relationship with the US that they began to prosper.
Protectionism after a massive economic calamity, haven't you learned the lessons of the Great Depression?
Protectionism was partly to blame for the Great Depression. Protectionism after an economic calamity is essentially killing off whatever meager growth you can pull off. Without China, the world wouldn't be growing.
@Phead128 "Without China, the world wouldn't be growing. " That is not true. US industry has been cutting a lot of corners and red tape in taking advantage of China's cheap labor, no union/labor laws, a lack of worker rights (civil too), no legal ramification/lawsuits ....etc. It's a win-win for situation the guy's dressed in suits, however, small business today cannot meet that competition level. Still, even on a larger scale, economic globalization is not dependent on China.
Many people want China to fail. But it HAD ALREADY failed. Now it learn and will rise. And don't use old parameters to predict China. Be prepared to see a new paradigm shift. Stop dreaming.
MIT completed a report on Chinas claim of 10% growth and found that the energy usage does not correlate with their claims of such growth. Many high rise buildings built remain completely empty waiting for somebody to buy. Govt controlled banks give out money to EVERYBODY and a greater portion of the money they take in every year is absorbed by failed businesses. china is gonna fail.....the usa is printing billions of dollars diluting the value of american bonds china holds.
@jdouche You know Germany is in very good shape..Portugal,Spain,Ireland and Greece want germany to bail them out.America,,congress just raised the debt cealing to over 15 trillion $,,need I say more?
@jdouche Actually, Europe seems to be in trouble as well, but they're not, they're about to shake off the Institutions of the EUdSSR. In fact, that's a positive development...
@enricoallah what your stating is what seems to be happening but far from the truth. If we examine both trade surplus and GDP using value added approach then trade surplus only contributes to 5-6% of China's GDP. Even if suddenly trade surplus becomes 0, China would still experience near double digits growth due to the rapid increase in domestic demand. This is why regardless of US's sluggish economy, China continues its double digits growth.
The double digit growth is bogus, dude. They arent anywhere near that figure. More and more of their people are becoming unemployed and their govt can not offer any sort of support and there is growing anxiety within their govt of a potential civil war. They own no patents, they languish at the bottom on development of new technology. their only offering to the world is legalized slavery and i dont say that with sarcasim...that is exactly there place in the world. jobs are going to mexico.
Your claim that manufacturing in China is not profitable is completely false, I'm not sure where you get your information. China is experiencing economic growth rates of 10% per year and is the world's leader in green technology. This video is complete un-scholarly, pure assumptions and slippery slope logic. (China and Russia have oil deposits btw).
Dude, the "10%" growth is the number the communist party put out there. Its not REAL, dude. 30,000 factories shut down in China in the past 4 months alone. 7,000 factories were sent to Mexico over the past 10 months. There are more shut downs that are not registered which over shadows the 30,000 i mentioned earlier. The bonds they hold are being diluted by Obama....he ordered billions of dollars to be printed in retaliation of Beijings currency manipulation.
...furthermore, since Beijing wont allow outsiders to scrutinize their economic figures, experts turned to MIT who verified that energy consumption in china does not correlate with growth. The country is collapsing. Early signs include the exodus of factory jobs to latin america, newly built condos and office towers that are unoccupied and falling apart. dude, these are not signs of growth. these are exactly the symptoms of a ponzi scheme on a global scale.
M.I.T. and newspapers. Todays paper is showing 64.5 million vacant condos. This is what an economist described this situation in China...... the overheated property market was misallocating resources, distorting prices and squandering the wealth created by economic growth....it is "shocking" and threatening the financial and social stability. This was allowed to be written in the communist newspaper - experts surmise that the communist party is fearing for the worst and is desperate to stop...
...(cont)...the damage, but other experts are stating that the damage is already done. Output is slowing and millions of products sit in warehouses with nowhere to go. Nobody wants to discuss the millions upon millions of job losses. If the largest consumer based economies in the world are releasing data that shows people are not buying products, how do the Chinese explain that their output is screaming along??? They dont. China is LYING their asses off to head off civil war.
@scottypd54 US is manipulating it's economy by debasing it's currency like never before in an attempt to stimulate it's economy. Yes the US is the largest consumer of CREDIT in the world, every US citizen carries a debt of $40,000. US's GDP is boasted with consumer spending with money that they don't have. How is that sustainable? US is in a trade deficit, meaning it buys more than it sells, go learn a thing about cash flows.
@scottypd54 So I bet you enjoy playing the "Stock market game" in your FBLA club. lmao. We call that child's play. In any event, you like most ppl fail to look at the big picture, just because there are some gains in the US stock market does not in any way reflect the US economy as a whole. Ford is no longer a blue chip and it has lost most of it's pre-crisis value. I would pay attention to the financial sector which accounts for 70%+ of US's GDP.
@scottypd54 Do you know that China hold a trillion USD in US -Tbills? huh? do you? do you know the ramifications behind it? Do you know that China has a huge surplus in trades while the US is in a huge deficit? Do you? Do you know that US imports 100 billion$ and exports only 16 billion$ in trades? Do you know that son? Do you know that the US's GDP is mostly due to it's gluttonous consumption? Do you huh? luckily China shows Mercy to the US or the US is FUCKED.
@scottypd54 yeah i'm sure a 15 year old's financial life is VERY SECURE. but I don't expect much from a 15 year old who thinks a steady job at minimum wage is considered SECURE. lols. Do you even have a portfolio son? Fucking retard.
@scottypd54 "BTW, you do realize that the world debt is larger then the world's total assets?" uh duh because fiat currency is printed and lent on interest. DUH? DUH? DUH? you think your smart but you're really not kid. Why are you comparing China, an emerging market still at it's infancy stage, to a Hong Kong a developed metropolitan? Are you that stupid? HK's GDP has no growth potential, while China's experience double digit growth for the past decade. niggah plz.
@scottypd54 Which country doesn't subsidize selective businesses and industries? Which country doesn't impose tariffs when there are no free trade agreements in place? China only forces the co-op for essential industries and large corporations, not small businesses. Last I heard, Saskatchewan would not allow Potash corp to be sold to the Chinese. Last I checked, the US debased their currency to stay competitive. Lmao You think China is the only one exercising protectionism? you naive fuck!
@scottypd54 I guess if China's GDP is bogus, then it's 1 trillion USD fed reserve is also fabricated. it's trade surplus, energy consumptions figure, it's mass expansion of infrastructure are all fabricated. Have you been to fuckign Beijing or Shanghai niggah? have u? Can you even afford a trip to China? buddy, you're talking to a 17 year old who knows more than you. bow down.
@scottypd54 "No governor wants to be the bearer of bad news and report GDP growth below 8%. So when they fall below this, what do they do? Spend spend spend on buildings!" that sounds more like the US than China..lmao.. US's GDP is nothing but consumer credit spending. lmao. Who cares if the GDP numbers are accurate it doesn't mean much if it's 12% or 8%, it's obvious that in a relative basis China is doing far better than every country in the World. Read a book.
@scottypd54 "protectionism is when they promote business at home by forcefully discouraging consumers away from foreign goods, while promoting the sale of their goods abroad." actually no, it's an economic policy of restraining trades between countries via tariffs, quotas among other government regulations. Every country exercise some degree of protectionism, even the US. But to say China is a protectionist state is beyond stupid, but i don't blame a 15 year old for being ignorant.
@scottypd54 "They had jobs as farmers. Now they live in the city. If there aren't jobs in the cities you don't think there's going to be problems? They had rioting just several months ago.." the riot is internal and not towards the government stupid. Go take a economic class, if they run out of jobs in the city they'll go back to farming or some other recourse, the government doesn't guarentee you a job lols, go look for one yourself you're not a baby for fuck sakes. you lack basic common sense
@scottypd54 "1 billion chinese live on less then 2000USD a year.
600 million of those live on less then 1000 USD per year.
" what's your point? everyone has to start somewhere dont' they? compare that to the statistics 10 years ago, millions are pulled above the poverty line stupid. China is an emerging market...thus the word "emerging"...nobody said China is already a developed nation but it's getting there fool....
@scottypd54 "China is in the worst position right now." ok...so having the largest forex reserve, double digit growth for years, a SURPLUS in trades, a appreication in their currency, with millions out of poverty...THEY ARE IN THE WORST POSITION? as opposed to, they were in the BEST position a decade ago? Wtf are you tripping on son? Let me know when any country sanctions anything in China... please... u stupid fuck...stop talking out of your ass
@scottypd54 "Open a history book bud " Uh why would we want to open a history book when we are talking about the present? lols...Protectionism is when the country forces it's citizens to buy home made products.. have you been in China buddy? I drive a Mercedes in China u fucking faggot. China is in a capitalistic/socialist reform, which allows for private ownership and private profits. History book does not reflect the current economic and political state stupid, thus HISTORY. Ding dong!
@scottypd54 and it's obvious you are oblivious to China's political atmosphere. People wouldn't dare riot. China is far from a democratic state. Dissidence will get you in jail or worse a bullet in the head.
@scottypd54 "If its cities don't continue to economically grow at an astounding rate, then china will have revolution and riots." uh no if they didn't riot 10 years ago when they are below the poverty line what makes you think they will riot now when the economy is booming with milions out of poverty? come on. what kind of logic is that.
@scottypd54 "Today's world is marked by trends and history repeating itself. The US has been in 32 panics, recessions, and depressions. One more will not kill it." that's a naive way of looking at it. US is in 70 trillion of debt (national + public), US is a non producing nation with a huge trade deficit, US has never been like this before, US is like a kid with a credit card, a credit line, and a mortgage, it has maxed out on it's credits. It has debased it's currency like never before.
@scottypd54 Do you know how many people were in poverty just 10 years ago? there were only a handful of millionaire, mainly those in power. And now there are thousands of millionaires and millions pulled out of poverty. China is moving towards Capitalism, it's more of a socialist nation right now. Have you even been to China? you seem quite ignorant.
@scottypd54 China does not equal to US x 4 of it's population which is what you are lead to believe. All you have to do is look at the statistics, look at their GDP, CPI, Forex Reserves, Poverty line, Trade agreements, Import/export ratios, growth rate, real estate prices and political policies. Compare them to a decade ago when their population was 1.1 billion.
@scottypd54 Americans have more disposable income? so what? what's your point? The difference is that the Chinese save and the American spend not only what they have but also on extended credit, America is a creditor's nation. Are you that naive? come on. The difference is that China doesn't have a pension fund like the US, so while the US takes on 40 trillion in nation debt feeding and supporting them, China doesn't.
@scottypd54 "China's system is unsustainable. Its quite obvious. " proof? I have proof, look at their statistics for the past decade. if anything, they are less isolated then they were before, they give huge tax breaks for Taiwanese entreprenurs (but i guess you didn't know that) among other countries, they have relaxed their trade policies which accounts for their trading surplus, they have the largest forex reserve in the world. I can go on and on, but go read about it urself.
@scottypd54 "If the coastal cities job market cannot keep up with the massive influx of people then china will have massive riots on their hands and political catastrophe." You need to read about China's political atmosphere, when is the last time China had a riot? North Korea is worse, do you see any revolution going on over there? no. The only reason China is doing well is because it's moving towards captialism.
@scottypd54 lol do you care to provide any sources as opposed to throwing out random unfounded claims? How is China is a terrible situation? China has the second biggest economy, a surplus in trades and the biggest forex reserves in the world. US has 70 trillion in public and national debt, a deficit in trades, double digit unemployment, the Financial sector attributes to 80% of the GDP (go study on the implications of this) and did I mention 70 trillion in debt? how many zeros are in there? LOL
@scottypd54 Mexico will not be a rising power. Mexico is in an absolute terrible situation. There is far too much corruption and violence to become one
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if all of you have read the report from the climate group, maybe your view on china will change. china is the leading the rest of the world in installed renewable energy. They are the largest producer and manufacturer of solar photovoltaic technology and wind turbines. The country has also introduced automobile fuel-efficiency standards that are 40 percent higher than those in the United States. yes there are the world's no.1 climate criminal, but they are also the world's 1st green superpower.
@shazli7 yet in real terms these green initiatives made by China isn't enough to compensate for the pollution they created. The US better speed up their green initiatives besides US technology is still above the Chinese sadly their not UTILIZING it to the fullest.
This is an exaggeration. China will not collapse due to those problems you've mentioned as long as they export more than they import. If US can survive this long by reckless consumption on CREDIT and not producing anything. It will take China 10 times longer to collapse, especially looking at the size of their reserves. You forgot one crucial thing, humans ADAPT, they'll change their ways when it doesn't work out. If resources run out, everyone is fucked, not just China.
China is one of large country in world with greatest population and over populate in many cities, they are same as many other countries with social problems. There is reason why China becomes world manufacturer because location, weather, resource and hard working people. Many international investors are taking advantage from the producer. Everyone is depending from China to make plastic products to heavy industry machinery. What would happen if Chinese dollars go up? Visit China to understand.
this is a very reasonable report ! well thought and it even scraps the surface of the problems that china faces so to speak, one huge factor that comes to mind would be politically, can you name a serious powerful ally that china truly has in the world ? i cant, the only cooperations that china has is due to them being used as the worlds largest cheap factory, china virtually has no real close ally as even many asian countries consider a rising china as "uncomfortable" to say the least.
not to mention that the boy to girl ratio in china is like 200 boys to every girl, with the brunt of that stat squared off in the newborns of today. i have a feeling when those little tards grow up they will riot and immigrate to other countries en masse. they have proven, as individuals and as a culture, that they give not one flying fuck about being socially responsible. its not part of their genetic makeup and the world may have to suffer for it. they are the mexicans of the future :_(
@paragshah2112 Wtf are you talking about? Genetic makeup? What makes the US socially responsible? Look at the US's pollution, it's through the roof. China's pollution problem is exploited by the West if you didn't know, you stupid fuck. They take advantage of their cheap labor and their lax pollution laws dumb bitch. Worry about your own country first. Last century was of the US, this century belongs to China. And there's nothing you can do about it.
@jwang604 what makes the US socially responsible? not a god damn thing. you're ALL OVER the place. so what are you mad about young canuk? why the fuck you care about china so much? cuz every time i fucked your mom, thats why! yeah, are you hot now? you wanna kick my ass? listen faggot, if i got an IQ point every time i had my ass kicked, i'd be einstein by now. but if you think you're gonna kick my ass, it would be a neat trick if you could pull it off ...
@paragshah2112 Everybody here is talking about the economy, get the fuck out if you have no insight on the subject dumb ass. This aint no anthropology video, go rant about your genetic makeup somewhere else. China is the future, I have invested a lot of money in China so dont fucking tell me that its going to collapse with no solid proof. Your logic for Chinas collapse is because they have bad genetic makeup? what kind of education are you getting son?
@jwang604 listen here troll, you dont know who you are talking to. i have more insight than you will ever realize. if you are that heavily vested in china, and you are not in one of those private "invite only" markets that the top 1/10 of 1% get to indulge in, i fear for you. i am not going to have this discussion with you in 500 word blurbs. i will say this much, their GNP & currency reports are absolutely manipulated. their bubble is going to burst in the worst way.
@paragshah2112 "their GNP & currency reports are absolutely manipulated" do have proof? or is that just your opinion and biases towards China because of their past shady practices? China is experiencing real growth, does it make you uncomfortable that China is becoming a developed nation? or Should China be condemned to forever live in the gutters of the world? Last Century belonged to the US, this century is China. Go learn from Peter Schiff and Jim Rogers. Unless you think you know more
@jerkwank actually multiple sources confirm that their GNP & currency reports are manipulated in the worst way. they are a corporotocracy and they will not see an occasion to prosper their nation, only their elite, as it is has always been with any corporotocracy. the US has also always been that way but for what was set in motion by FDR. ever since its oligarchs have worked tirelessly to tear that apart brick by brick until you finally have what you see now. & i'm just getting warmed up ...
@paragshah2112 "actually multiple sources confirm that their GNP & currency reports are manipulated" lol Show me those credible sources boy!!! you are a typical conspiracy theorists.
@jerkwank you keep taking that demeaning tone with me when, as a fellow investor, i felt compassion when you told me of your investments in the chinese markets. troll, this world dont owe you shit, & i certainly dont either. it sounds like you're just a typical asian funboy coasting off your parent's sacrifice. i know all about it cuz your mom earned the visa fees one blowjob at a time. but she's a sweet gal, she used to do me w/out a condom when she was pregnant with you. send her my regards :)
@paragshah2112 Exactly as I thought boy, you have nothing intelligent to say about the subject because you know nothing about the economy. And it showed because you are reduced to hurling 3rd grader insults whenever you are challenged. Dumbass. And dont try to imply that you are an investor because clearly youre not because you are a pathetic conspiracy theorist and cynic who thinks the world is evil and every country is out to get your money. lmao pathetic little shit. i pity you and your mutha
The United States and China will not collapse, please do not accuse China of pollution, in fact, the United States more than China polluting the world, cars, air-conditioning. A lot more than China
@cabraden1 Dream on what? Is that all you have to say? Its Inevitable. China produces 1000 Engineers/Scientists/Doctors every year. China has the economy that surpasses US by 2020. China is spreading its influence in Africa and middle eastern countries for rich resources and oil. US is still fighting Afganistan. If it weren't for the chinese lending money, they wouldn't be able to afford such war. Remember Soviet Union? They too invaded Afganistan and look where they are now.
First off, the Soviets had an economy 1/4th the size of the US economy. They didn't have an economy to fight foreign wars. Secondly, most of your engineers come to US to study; our universities have far better recognition than China's; third, 60% of Chinese manufacturing is foreign-owned (half of that is US owned); fourth; if China looking for oil, it's planning to fuel it's economy on outdated sources of very finite supplies of oil; fifth; Four--China copies US innovation.
By the way, I'm not an America--I'm Canadian. I don't have any drums to beat; just
stating facts. China suppresses human rights, censors free speech (blocks access to many internet sites). It's economy is export-driven; if the US stopped buying, China would be HURTING big time. Soviet Union broke up mainly because the US upped the anty on the arms race, burying the USSR in an arms
race that crippled its economy. China's growth will stall as competition adjusts.
Also, consider this; China is quickly losing it labor cost advantage. The middle class in China is rising fast. They will demand higher wages to live a better life.
This will make Chinese goods more expensive and less competitive, cooling down China's economy. Manufacturing is already returning to the US, in addition, shipping costs are rising so fast that much of China's labor advantage is being offset. China's labor costs are already being undercut by Vietnam, Singapore and Malaysia.
The US went through a great depression in the 1920s; it will survive this too. China will probably collapse from within, much like the Soviet Union did. And you know what will do it? The internet! And the free flow of information And guess who invented the internet? Bet you are clueless. The US Army! I remember 40 years ago Japan's economy was supposed to surpass the US; and in Russia, Khrushchev said to the US "we will bury you"--and all they did was bury themselves.
If it wasn't for the US, Chinese people wold be speaking Japanese. Do you know anything about history? The rape of Nanking? Who supported China against Japan? The US! Who supplied China? The US! Who supplied the Russians, British, French, Australians, and others? The US! China was so lame, even with about a billion people back in the 30s, it couldn't stop the army and air force of Japan, a country with 1/20th the population at the time. The US innovates-China copies.
@cabraden1 We were in a Civil war! US Only supported the Corrupt Nationalist and they didn't do shit against the Japanese. It was all the Communist that repeled them. US got raped by Japan too. Don't forget Pearl Harbor! US was a pussy in WW2! It didn't even want to do anything at first! We were lame back then because of your fucking imperialistic governments. It fucked all of us up but now things have changed. It's time for your asses to be removed from the superpower throne. Face it.
You weren't in a civil war, that didn't come until AFTER World War II when Mao lead the communists. I'm talking DURING World War II. The US supplied China when it was being overrun by the Japanese. The Americans flew supplies over the Himalayas to help China. US got raped by Japan, eh? They were such big pussies all they could do was launch a sneak attack (didn't have the balls to
declare war in advance). Chinese would be speaking Japanese right now if
@cabraden1 We WERE in a Civil war. It only stopped temporarily due to Japan's invasion! And No we wouldn't be speaking Japanese! America had to get rid of Japan! Japan was taking over their Pacific! China helped US by letting them land their planes and refueling! US in return gave supplies! Don't fucking say if it weren't for US, China would be fucked! They were allies in WW2 and they helped each other to get rid of imperial japan!
This is pointless. I think you intentionally avoided my comments that over half of Chinese industry is foreign-owned, and half of that is US owned. When the US calculates GDP, it doesn't include foreign manufacturing. Add another 3 or 4 trillion to the US GDP and subtract that much from China's GDP, then recalculate. Actually, subtract twice that amount because of the other half of the 60% is other countries investments in China's manufacturing. China only
Pakistanis have proved true friendship by ditching the ummah and helping the communist..
Which proves that chinese friendship is more important than islam ans its cause.. pakistan will also hang imam mahdi before he will ever reach china..
Chinese civilization will never die.
shtdragon 6 days ago
@shtdragon It might not reach the heights of its past, though. Culturally, anyway.
LordOrlock 5 days ago
hahaha, quite entertaining..., but you are not only prophet for the "insight of the collapse of china"....
ipfreak 1 week ago
Too naive
SingaporeTrash 2 weeks ago 2
Talk is Cheap! I wanna put a wager with anyone who thinks China will collapse but I know Americans will never be able to pay me back becos they will be broke by then.
nelsonsim 2 weeks ago
@nelsonsim Bet! but I believe American Economy goes first causing China's collapse. I see the domino effect, EU collapse, causing American Collapse, etc..then anger at America as Countries point their fingers at who was the culprit and war.
Conkuur 2 weeks ago
If China is headed for a collapse, the dollar will retain it's reserve status,Most western countries don't trust China, there is massive corruption, fraud, lack of IP protection, a lot of counterfeiters (the best counterfeits of US $ comes from China) and so on. The US, despite it's problems, is much more trustworthy and the reality is that China and the US are the only countries large enough to have a reserve currency and I think these things will prevent the yuan from being a reserve currency.
christo930 3 weeks ago
How will China collapse went the government already enslave the people? The only country that might collapse is the US since it keep shipping jobs to China like a bunch of dumbasses. People cannot buy stuff if they have no jobs...Made in China product might be cheapest, but it is also the worst quality. I brought a paper hole puncher made in China and it can't make a hole on a piece of paper. China will hit 2 billions in10-20 years.
BBradshawProductions 3 weeks ago
infact it is USA collapsing soon, china is rock and take over america.
songchao528 1 month ago
@songchao528 you are just stupid
russiantoughguy 3 weeks ago
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THE WURST PART STILL HASNT HAPPENED YET...ITS WHEN THEY ALL DRIVE HOME!!!
trainfandan 1 month ago
How many times have you predicted China's collaps? Are't you tired?
hhhaaa68 1 month ago
Communist China will definitely collapse in this Decade !
However, Once Chinese embraces Democracy, It would grow even faster.
forgottenmemories63 1 month ago
for my opinion china will collapse but in order to go back up INDIA will have to rescue....
FreShHarDip 1 month ago
FUCKING TURKEY
LorinServan 1 month ago
@ComradeMing ....you have fallen many times and morphed into something different. The Chinese after the Mongols kicked your asses are different from when the British disgraced China and different again when the Japanese cleaned your clocks in the 1930s/40s. After Moa's heartless slaughter of deca millions during the cutural revolution to Communism, the people morphed again.....what your ancestors called China is not China now but rather an alien fabrication influenced by others
stevogood2goski 1 month ago
@stevogood2goski LOL what makes China Chinese? its the culture, we still speak the same language as Chinese did in 5000BC. infact if you get an bone oracle of Shang dynasty from 2000BC and go around China most literate people will reconize and read the characters. we still celebrate festivals that lasted more than 3 millenia, we still follow moral expectations that Confucius spoke of in 500BC,communism and punny mongols british japs are only cockroaches compare to China.
obsidianstatue 1 month ago
China will not collapse if it would not try to have hegemonic designs and not exploit the natural resources of poor countries
khurram7110 1 month ago
Chinese ppl i heard they actually save money! and just starting using credit card! as in USA we spend money we don't have!
pplla78 1 month ago
usa has more resources than china, Canada, Mexico, and USA will stick together....we have more land and resources than China can hope for
stevogood2goski 1 month ago
@stevogood2goski so you are saying, when shit starts the USA will throw Mexico and Canada at china, lol
pplla78 1 month ago
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stevogood2goski 1 month ago
@pplla78 if SHTF... China will be in as much/more trouble than the USA. China holds paper debt. If SHTF, paper debt = toilet paper. Canada, Mexico, and USA have more resources than China/Europe combined. I would rather have real value resources than paper debt if SHTF. As far as forcing N.America ... China has 340 4th gen fighters, USA alone has more than 3200
stevogood2goski 1 month ago
this is assuming no new technologies come around within the next few decades and the world stagnates. Which it won't. most leading nations china included, are spending billions on developing alternate energy and futuristic means of producing reasources.
AlternateArtisan 1 month ago
Hope they all die in a earthquake, better still all the people and houses disappeared, then clear the land, let people who have actually real passion and compassion to take over and expand the land, i doubt china people would ever get brains in the near of the time.
TheGamers97 1 month ago
they have already collapsed :|
ladandhn 1 month ago
god the uploader sounds like a junkie on crack
poortaiwanese 2 months ago
where is the collapse?Keep dreaming cracker
poortaiwanese 2 months ago
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white men are hate China men, because we are smarter than them and that why they wishing CHina to collapse,but its won't happen, because we Chinese are not dumby like white men.
They live beyon they mean and that why they broke! fucking stupid white men
Hongtairang 2 months ago
white men are hate China men, because we are smarter than them and that why they wishing CHina to collapse,but its won't happen, because we Chinese are not dumby like white men.
They live beyon they mean and that why they broke!
Hongtairang 2 months ago
If China collapes? impossible, all the international banking go down first ?? No way....
The world will help China to maintain her locomotive function, that is the only way to save themself
energyalt56 2 months ago
China's econom locomotive position has been 30 years, GDP at average 9.5%
{f even China collapes all the rest world goes down first before this gaint
China just started to gear into a mega superpower process
Imaging a 10,000/year PPPm by caculate x 1.3 billion, Do u know what is the number? its scary huge number, China's century is on her way
energyalt56 2 months ago
I am looking forward to watching them attempt to cover up their own real estate collapse. It will be a spectacular collapse.
We will see the Chinese version of the Texas-2-step.
EconCat88 2 months ago
@EconCat88 If you do a little research, the situation is very much different to the US housing collapse, generally speaking if a Chinese wanted to purchase an investment property they had to put at times up to 50% of the purchase price. So there is money there unlike what happened in the US where it was just a piece of IOU.
blueice990 1 month ago
In the matters of man, God is not a bystander. America for all her mistakes is a God respecting nation whose people are good at heart but who have temporarily lost sight of the principled guiding beacon. God has given unto the Eagle the powers to throw off the yolk of evil that rules its' subjects with a sinful corruption. God has given unto the Eagle the power to protect His chosen people...... the children of Isreal. Finally God gave the Eagle the power to overcome Evil.
miamistorm 2 months ago
@miamistorm what a load of shit.You sound as if the west were the only superpower
in the world and that the rest don't believe in god.The eagle has fallen now go cry to your
mom,stupid cracker
poortaiwanese 2 months ago
Today due to the free trade system, today most of the world are buying and selling their products to China....last year USA exported to China more than $220B, Japan $98B,S.Korea $54B, Germany$50B... the world is selling more than $1.5 Trillion to China ...even most of the Latin America and African countries are tie up with China and they would work with China not to allow it to collapse........
Regarding the one child policy in China, we can read that they soon will allow two child per family.
wwwtips 2 months ago
Europe and America are financially and economically collapsing and will affect China exports of their products, however more than 40% of the products China export are from transnational corporations, although Chinese workers will loose jobs,transnational companies will be the mayor looser....China isl working now to incentive the local people to consume their own make products so their factories can continue to produce and keep thy people working.
(continue)
wwwtips 2 months ago
The main looming problem for China is a self inflicted demograhic time bomb. China has prevented millions of chinese people from being born with its one child policy. Now while this will have made china politically stable for now & safe for the communist party regime it also means that china will start to age before it has developed. Basically it will have to deal with a first world problem without first world wealth (that nations like Japan have)
Malthus0 3 months ago
@Malthus0 This is exactly the reason why they focus massively on gaining knowledge, education and innovation.
Fiscus128 2 months ago
Silly inferior complex of the Americans.
yottky 3 months ago
China and USA and Europe - except France, Sweden, Germany -_ will collapse.
South America and Australia has the greatest natural reserves... and that will dominate soon...
GostosoSPbr 3 months ago
Believe in experts, IMF report that China GDP already reached 11.2 trillion, only 3.5 tn short to american, will surpass U.S in 2015 or 16, NY economic forum report China will surpass USA in 2012
IMF estimate China GDP in 2040 will be a whopping 123 trillion (by trend of the past 30 years at averg 10% GDP)
Hard working ppl, good policy,focus on better life, infraustructure, made China stand out
China will dominate the 21th century & beyond, they already has 5,000 years history
energyalt56 3 months ago
@energyalt56
Growth expectations in China's GDP fell short this year, down to about 6%. Predictions are it will continue to fall until it stabilizes.
Reason for that, is because they're doing stupid sh*t like this:
/watch?v=rPILhiTJv7E
"Very little resources"... No, China has A LOT of resources, they're just not managing them as smartly as they could be.
Over population is a myth, China has a 60-40 gender imbalance, aging population, because of its population controls.
Alaskaslim 3 months ago
Wow! Another Gordon Chang in the making.
twenlil 3 months ago
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ccp has more than 300000 internet propaganda dogs, its famous things (its call 五毛党 or 50cent army, etc), ccp`s more than 300000 guy is working everyday 24hours everywhere internet, they deceive their chinks and world people too, they are making fake comment everywhere internet, even youtube too, those ccp`s propaganda dog is try to operate pablic opinion, i can see so many those dogs in youtube, if you go any chinks video, most of chinks commentator is just one of 300000
77777XYZ 3 months ago
The last time China was on the verge of collapse was 90 years ago when the country was beset by internal conflicts i.e warlords fighting for power and territory control. There was massive corruption, strikes and daily demonstration by students and workers. Civil war broke out between the Nationalist Army and Communist. Eventually Japan took advantage of China weaknesses and invaded the country in 1936.
The Chinese people had learnt a bitter lesson and they swear this will never happen again.
typhoonq 3 months ago
Sorry, but China will never collapse.
Josh34583 4 months ago
yes but europe and the u.s. will collapse first....that will crash china.
MrBigEnchilada 4 months ago
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@bhasinuscuscable ALL FXXX proparganda and controlled media, Like Mayor Blumberg said, all lies, they told us china crash china buble china social unrest last 10 years, folks wake up and stand to stop them
Now IMF report that China GDP is a whopping 11.2 trillion, may be next year surpass U.S 14 trillion.
we need be smart, use our heads, if China got pess off start dumb then we r finished, the debt hole just too eneromus, No way out !!
energyalt56 4 months ago
Western has been predicting the collapse of CHINA for the last 100 years.
Western media gets the "toilet roll" award for being full of shit.
dorjee168 4 months ago 2
what you're not mentioning is china also has the elements needed for electronics as well as a lot of investment in african resources.
wompasdub 4 months ago
China will (sadly) reach zero population growth in a few years.
nokonoko90 5 months ago
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china has all kind of evil things, so many death camp, secret police, etc etc,,,,,,,china is most hell place in the world, communist kill their against people without any permission necessary, chinese communist party killed historical amount of people, china is perfectly lawless zone for anythings
77777XYZ 5 months ago
Your old fashioned analogy does not work with China because it is becoming a leader in innovation leader.....and you fail to understand that China has a completely different culture than America.....
nfgillen 5 months ago
@nfgillen
Innovation? 1.4 billion people and they have almost no intellect property to export. Movies? No. Technology? No....China is NOT an innovation leader!
b1gr1g 5 months ago
@b1gr1g This comment was just flat out american ignorance.
Josh34583 4 months ago
U shold change ur vid, China has consecutive GDP growth ave 10% years for 30 years , IMF recent report, In 2016 China will surpass U.S GDP, actually today, China's GDP already reach $11.2 trillion, only 3.5 tn short to american 14.7 tn
i am sure 9 months from now, China will surpass z USA
in 2025 China GDP will be a whopping $123 trillion, more then world double GDP combine, inevitably China will become a hyperpower nation.
Some western media r really stupid, promote propaganda, they scare
energyalt56 5 months ago
100 years ago economist around the world believed China would be a super power.
bamnibaum 6 months ago
China will face some trouble ahead, but let me have an educated guess: They'll survive it, they have survived centuries of troubles, they'll survive the communists and the coming economic collapse....
manoman0 7 months ago
@manoman0 I expect the party will survive thanks to much improved PLA and news of 80 million Communist Party membership (largest party in the world according to Guinness Book of world Record for next year's book as being confirmed), except in HK and Macau no members there.
It was thanks mostly to Deng's reforms including economic freedom. Yet The party still lacks human rights. I think the Communists will survive with so many members still going about inside China for many years to come.
DavBlc7 6 months ago
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China's burning human lives. One human life is equivalent to one barrel of oil. China thus a state of 13B barrels of oil reserve just swapping it for money without much of value addition. In the first place, China has never been a nation but just a pack of region states ruled by dynasties of peripheral races over 4000 years. After Qing, now is Mao dynasty of its 7th emperor Hu. Since they didn't fix the problem, the history tell us that next stage will be civil war and again another dynasty.
mrbigbang39 7 months ago
US is about to collapse!hahaa
johnkelvintztc 8 months ago
@johnkelvintztc no we aint iraqi oil and the 2nd largest in the world.Why do you think we went there?? usa now has the 2nd largest oil in the ground.Plus whos gonna collect their debt from the us?noone exactly.
RockAfella73 7 months ago
@johnkelvintztc more like your ass is about to explode.
davidlee110 6 months ago
@davidlee110 weh..ikaw ay abnoy..white trash!
johnkelvintztc 6 months ago
@johnkelvintztc chinese chick! ching chong joe!
davidlee110 6 months ago
U need sturdy batter, amature opnion means nothing.
CHINA HAS 30 YEARS consequitive growth GDP average 10% a year per record. Do u know the meaning of 1.3 billion people multiply by this means?
Nobel laurate economist Rober report China's economic will be $123 trillion in 2025, CIA fact book stated China's GDP in 2010 is 9 trillion.
IIMF recent report China's GDP already surpass U.S 14.7 trillion, a shocking numbers China will be a mega surpower in next 5 years, Get ur fact staight !
fdoca 8 months ago
@fdoca ok ok, calm down.....lol...
manoman0 7 months ago
Interesting ideas. If capitalist theory is at all correct China should face massive dislocations given its command economy and GDP quota pumping.
Then again, capitalist theory could be wrong. Time will tell.
Jersey24Dan 9 months ago
Whoever made this video sounds like someone from Fox. Pulling random info out of his ass. All these predictions are unfounded and dumb.
gobipill 10 months ago
jdouche
you guy who condemn china to collapse is sick ignorant and jealous. you may mentally collapse before hand. go eat china roasted ducks and soya chicken and you will find some meaningful stuff.
charliechanbkk195308 10 months ago
@scottypd54 i read thru a couple of the comments and in particular you addressing that jwang guy, and i clearly gotta say you hit the nail right on its head, while the other guy responded with insults and facts he must have received from the chinese central committee in beijing :D anyways, greetings from germany to the great United States. :)
CHUUMPASS 10 months ago
Some News are incrideable stupid, a laugh !
Many Chinese factories can't even hire enought workers now
There is talk to import them, this made News look dumb
China raised down payment rate to a whopping 60% to buy a 2rd house, Collapes? this narrow mind people are so scare strong China and jealous !!!
fdoca 11 months ago
Don't forget that we in America will STOP all trade & investment with china to destroy this communist giant from within, too! Funny how economy always follow politics...
ProphetLuong 1 year ago
@ProphetLuong
America would slide back into recession without trade with China.
Phead128 10 months ago
@Phead128 How exactly? Half of China's economy (50%) is dependent on trade with the US; not vise-versa. Anything they make, we buy. They're the ones making a profit while we get bargain deal on crappy products. I'd prefer no trade with China at all. We kept our own money instead of sending it over seas. We were better off without them!
Greed4Speed 9 months ago
@Greed4Speed
lol, I don't think that is a good idea.
Phead128 9 months ago
@Greed4Speed
America is just under her pre-crisis peak, while China is 20% her pre-crisis level. US consumerism took a massive hit, while China's export oriented economy was negligibly affected by the slowdown in the US consumer economy. It's still roaring in 10-11% per year.
Chinese products barely make any profit, it's the American companies that resell it to consumers that jack up prices 10X for profit.
Protectionism after a economic crisis, haven't you learned from Great Depression?
Phead128 9 months ago
@Phead128 A fourth of the country was out of work during the great depression; we're no where close to those levels. The biggest problem in the US, aside from the mortgage crisis which was the major cause of our economic collapse, is that we out-sourced all our jobs sending them overseas.
Closing it's door to the west was understandable considering China's very long and well documented history. However, it wasn't until a close economic relationship with the US that they began to prosper.
Greed4Speed 9 months ago
@Greed4Speed
I agree with this post.
Phead128 9 months ago
@Greed4Speed
Protectionism after a massive economic calamity, haven't you learned the lessons of the Great Depression?
Protectionism was partly to blame for the Great Depression. Protectionism after an economic calamity is essentially killing off whatever meager growth you can pull off. Without China, the world wouldn't be growing.
Phead128 9 months ago
@Phead128 "Without China, the world wouldn't be growing. " That is not true. US industry has been cutting a lot of corners and red tape in taking advantage of China's cheap labor, no union/labor laws, a lack of worker rights (civil too), no legal ramification/lawsuits ....etc. It's a win-win for situation the guy's dressed in suits, however, small business today cannot meet that competition level. Still, even on a larger scale, economic globalization is not dependent on China.
Greed4Speed 9 months ago
@Greed4Speed
I took a globalization class, please take a class on Globalizationi, then talk to me.
Phead128 9 months ago
Many people want China to fail. But it HAD ALREADY failed. Now it learn and will rise. And don't use old parameters to predict China. Be prepared to see a new paradigm shift. Stop dreaming.
waki26 1 year ago
MIT completed a report on Chinas claim of 10% growth and found that the energy usage does not correlate with their claims of such growth. Many high rise buildings built remain completely empty waiting for somebody to buy. Govt controlled banks give out money to EVERYBODY and a greater portion of the money they take in every year is absorbed by failed businesses. china is gonna fail.....the usa is printing billions of dollars diluting the value of american bonds china holds.
civicnation4two 1 year ago
@civicnation4two
I'm looking for this information, for this report, but I can't find it.
Citation, please.
RudeDan 1 year ago
We should all hope China does not go militant to survive.
uturniaphobic 1 year ago
Where's the F sound ??
Why don't you check the sound levels before you post onto you tube ?
OPOCHKA 1 year ago
I think everyone is in trouble too. Europe, Japan, China, and the US are all screwed.
jdouche 1 year ago 7
@jdouche You know Germany is in very good shape..Portugal,Spain,Ireland and Greece want germany to bail them out.America,,congress just raised the debt cealing to over 15 trillion $,,need I say more?
zeno57 1 year ago 2
@jdouche Europe is not in trouble, its reforming and soon a president will come ( this time an official )
MrLongwei 7 months ago
@jdouche wat u think the world was gunna be ending or end of days?
mquiroz90 7 months ago
@jdouche Actually, Europe seems to be in trouble as well, but they're not, they're about to shake off the Institutions of the EUdSSR. In fact, that's a positive development...
manoman0 7 months ago
@enricoallah what your stating is what seems to be happening but far from the truth. If we examine both trade surplus and GDP using value added approach then trade surplus only contributes to 5-6% of China's GDP. Even if suddenly trade surplus becomes 0, China would still experience near double digits growth due to the rapid increase in domestic demand. This is why regardless of US's sluggish economy, China continues its double digits growth.
2None2 1 year ago
The double digit growth is bogus, dude. They arent anywhere near that figure. More and more of their people are becoming unemployed and their govt can not offer any sort of support and there is growing anxiety within their govt of a potential civil war. They own no patents, they languish at the bottom on development of new technology. their only offering to the world is legalized slavery and i dont say that with sarcasim...that is exactly there place in the world. jobs are going to mexico.
civicnation4two 1 year ago
Your claim that manufacturing in China is not profitable is completely false, I'm not sure where you get your information. China is experiencing economic growth rates of 10% per year and is the world's leader in green technology. This video is complete un-scholarly, pure assumptions and slippery slope logic. (China and Russia have oil deposits btw).
RudeDan 1 year ago
Dude, the "10%" growth is the number the communist party put out there. Its not REAL, dude. 30,000 factories shut down in China in the past 4 months alone. 7,000 factories were sent to Mexico over the past 10 months. There are more shut downs that are not registered which over shadows the 30,000 i mentioned earlier. The bonds they hold are being diluted by Obama....he ordered billions of dollars to be printed in retaliation of Beijings currency manipulation.
civicnation4two 1 year ago
...furthermore, since Beijing wont allow outsiders to scrutinize their economic figures, experts turned to MIT who verified that energy consumption in china does not correlate with growth. The country is collapsing. Early signs include the exodus of factory jobs to latin america, newly built condos and office towers that are unoccupied and falling apart. dude, these are not signs of growth. these are exactly the symptoms of a ponzi scheme on a global scale.
civicnation4two 1 year ago
@civicnation4two
Where do you get your information?
RudeDan 1 year ago
M.I.T. and newspapers. Todays paper is showing 64.5 million vacant condos. This is what an economist described this situation in China...... the overheated property market was misallocating resources, distorting prices and squandering the wealth created by economic growth....it is "shocking" and threatening the financial and social stability. This was allowed to be written in the communist newspaper - experts surmise that the communist party is fearing for the worst and is desperate to stop...
civicnation4two 1 year ago
...(cont)...the damage, but other experts are stating that the damage is already done. Output is slowing and millions of products sit in warehouses with nowhere to go. Nobody wants to discuss the millions upon millions of job losses. If the largest consumer based economies in the world are releasing data that shows people are not buying products, how do the Chinese explain that their output is screaming along??? They dont. China is LYING their asses off to head off civil war.
civicnation4two 1 year ago
@civicnation4two
What would I google to find these M.I.T. reports? What is the title?
What is the name of the Chinese communist newspaper?
RudeDan 1 year ago
@scottypd54 US is manipulating it's economy by debasing it's currency like never before in an attempt to stimulate it's economy. Yes the US is the largest consumer of CREDIT in the world, every US citizen carries a debt of $40,000. US's GDP is boasted with consumer spending with money that they don't have. How is that sustainable? US is in a trade deficit, meaning it buys more than it sells, go learn a thing about cash flows.
jwang604 1 year ago
@scottypd54 So I bet you enjoy playing the "Stock market game" in your FBLA club. lmao. We call that child's play. In any event, you like most ppl fail to look at the big picture, just because there are some gains in the US stock market does not in any way reflect the US economy as a whole. Ford is no longer a blue chip and it has lost most of it's pre-crisis value. I would pay attention to the financial sector which accounts for 70%+ of US's GDP.
jwang604 1 year ago
Just like the Soviet Union Probably.
chocolate45689 1 year ago
@scottypd54 Do you know that China hold a trillion USD in US -Tbills? huh? do you? do you know the ramifications behind it? Do you know that China has a huge surplus in trades while the US is in a huge deficit? Do you? Do you know that US imports 100 billion$ and exports only 16 billion$ in trades? Do you know that son? Do you know that the US's GDP is mostly due to it's gluttonous consumption? Do you huh? luckily China shows Mercy to the US or the US is FUCKED.
jwang604 1 year ago
@scottypd54 yeah i'm sure a 15 year old's financial life is VERY SECURE. but I don't expect much from a 15 year old who thinks a steady job at minimum wage is considered SECURE. lols. Do you even have a portfolio son? Fucking retard.
jwang604 1 year ago
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@scottypd54 "BTW, you do realize that the world debt is larger then the world's total assets?" uh duh because fiat currency is printed and lent on interest. DUH? DUH? DUH? you think your smart but you're really not kid. Why are you comparing China, an emerging market still at it's infancy stage, to a Hong Kong a developed metropolitan? Are you that stupid? HK's GDP has no growth potential, while China's experience double digit growth for the past decade. niggah plz.
jwang604 1 year ago
@scottypd54 Which country doesn't subsidize selective businesses and industries? Which country doesn't impose tariffs when there are no free trade agreements in place? China only forces the co-op for essential industries and large corporations, not small businesses. Last I heard, Saskatchewan would not allow Potash corp to be sold to the Chinese. Last I checked, the US debased their currency to stay competitive. Lmao You think China is the only one exercising protectionism? you naive fuck!
jwang604 1 year ago
@scottypd54 I guess if China's GDP is bogus, then it's 1 trillion USD fed reserve is also fabricated. it's trade surplus, energy consumptions figure, it's mass expansion of infrastructure are all fabricated. Have you been to fuckign Beijing or Shanghai niggah? have u? Can you even afford a trip to China? buddy, you're talking to a 17 year old who knows more than you. bow down.
jwang604 1 year ago
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@scottypd54 "No governor wants to be the bearer of bad news and report GDP growth below 8%. So when they fall below this, what do they do? Spend spend spend on buildings!" that sounds more like the US than China..lmao.. US's GDP is nothing but consumer credit spending. lmao. Who cares if the GDP numbers are accurate it doesn't mean much if it's 12% or 8%, it's obvious that in a relative basis China is doing far better than every country in the World. Read a book.
jwang604 1 year ago
@scottypd54 "protectionism is when they promote business at home by forcefully discouraging consumers away from foreign goods, while promoting the sale of their goods abroad." actually no, it's an economic policy of restraining trades between countries via tariffs, quotas among other government regulations. Every country exercise some degree of protectionism, even the US. But to say China is a protectionist state is beyond stupid, but i don't blame a 15 year old for being ignorant.
jwang604 1 year ago
@scottypd54 "They had jobs as farmers. Now they live in the city. If there aren't jobs in the cities you don't think there's going to be problems? They had rioting just several months ago.." the riot is internal and not towards the government stupid. Go take a economic class, if they run out of jobs in the city they'll go back to farming or some other recourse, the government doesn't guarentee you a job lols, go look for one yourself you're not a baby for fuck sakes. you lack basic common sense
jwang604 1 year ago
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@scottypd54 "1 billion chinese live on less then 2000USD a year.
600 million of those live on less then 1000 USD per year.
" what's your point? everyone has to start somewhere dont' they? compare that to the statistics 10 years ago, millions are pulled above the poverty line stupid. China is an emerging market...thus the word "emerging"...nobody said China is already a developed nation but it's getting there fool....
jwang604 1 year ago
@scottypd54 "China is in the worst position right now." ok...so having the largest forex reserve, double digit growth for years, a SURPLUS in trades, a appreication in their currency, with millions out of poverty...THEY ARE IN THE WORST POSITION? as opposed to, they were in the BEST position a decade ago? Wtf are you tripping on son? Let me know when any country sanctions anything in China... please... u stupid fuck...stop talking out of your ass
jwang604 1 year ago
@scottypd54 "Open a history book bud " Uh why would we want to open a history book when we are talking about the present? lols...Protectionism is when the country forces it's citizens to buy home made products.. have you been in China buddy? I drive a Mercedes in China u fucking faggot. China is in a capitalistic/socialist reform, which allows for private ownership and private profits. History book does not reflect the current economic and political state stupid, thus HISTORY. Ding dong!
jwang604 1 year ago
@scottypd54 and it's obvious you are oblivious to China's political atmosphere. People wouldn't dare riot. China is far from a democratic state. Dissidence will get you in jail or worse a bullet in the head.
jwang604 1 year ago
@scottypd54 "If its cities don't continue to economically grow at an astounding rate, then china will have revolution and riots." uh no if they didn't riot 10 years ago when they are below the poverty line what makes you think they will riot now when the economy is booming with milions out of poverty? come on. what kind of logic is that.
jwang604 1 year ago
@scottypd54 "Today's world is marked by trends and history repeating itself. The US has been in 32 panics, recessions, and depressions. One more will not kill it." that's a naive way of looking at it. US is in 70 trillion of debt (national + public), US is a non producing nation with a huge trade deficit, US has never been like this before, US is like a kid with a credit card, a credit line, and a mortgage, it has maxed out on it's credits. It has debased it's currency like never before.
jwang604 1 year ago
@scottypd54 Do you know how many people were in poverty just 10 years ago? there were only a handful of millionaire, mainly those in power. And now there are thousands of millionaires and millions pulled out of poverty. China is moving towards Capitalism, it's more of a socialist nation right now. Have you even been to China? you seem quite ignorant.
jwang604 1 year ago
@scottypd54 China does not equal to US x 4 of it's population which is what you are lead to believe. All you have to do is look at the statistics, look at their GDP, CPI, Forex Reserves, Poverty line, Trade agreements, Import/export ratios, growth rate, real estate prices and political policies. Compare them to a decade ago when their population was 1.1 billion.
jwang604 1 year ago
@scottypd54 Americans have more disposable income? so what? what's your point? The difference is that the Chinese save and the American spend not only what they have but also on extended credit, America is a creditor's nation. Are you that naive? come on. The difference is that China doesn't have a pension fund like the US, so while the US takes on 40 trillion in nation debt feeding and supporting them, China doesn't.
jwang604 1 year ago
@scottypd54 "China's system is unsustainable. Its quite obvious. " proof? I have proof, look at their statistics for the past decade. if anything, they are less isolated then they were before, they give huge tax breaks for Taiwanese entreprenurs (but i guess you didn't know that) among other countries, they have relaxed their trade policies which accounts for their trading surplus, they have the largest forex reserve in the world. I can go on and on, but go read about it urself.
jwang604 1 year ago
@scottypd54 "If the coastal cities job market cannot keep up with the massive influx of people then china will have massive riots on their hands and political catastrophe." You need to read about China's political atmosphere, when is the last time China had a riot? North Korea is worse, do you see any revolution going on over there? no. The only reason China is doing well is because it's moving towards captialism.
jwang604 1 year ago
@scottypd54 lol do you care to provide any sources as opposed to throwing out random unfounded claims? How is China is a terrible situation? China has the second biggest economy, a surplus in trades and the biggest forex reserves in the world. US has 70 trillion in public and national debt, a deficit in trades, double digit unemployment, the Financial sector attributes to 80% of the GDP (go study on the implications of this) and did I mention 70 trillion in debt? how many zeros are in there? LOL
jwang604 1 year ago
@scottypd54 Mexico will not be a rising power. Mexico is in an absolute terrible situation. There is far too much corruption and violence to become one
austenbosten 1 year ago
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cory5772 1 year ago
Once peak oil comes, nobody will win. China and America will BOTH be in the dumps. And Europe and Japan, too.
S1587915G 1 year ago
Renewable energy industries in China are adding jobs rapidly, reaching 1.12 million in 2008 and climbing by 100,000 a year
shazli7 1 year ago
if all of you have read the report from the climate group, maybe your view on china will change. china is the leading the rest of the world in installed renewable energy. They are the largest producer and manufacturer of solar photovoltaic technology and wind turbines. The country has also introduced automobile fuel-efficiency standards that are 40 percent higher than those in the United States. yes there are the world's no.1 climate criminal, but they are also the world's 1st green superpower.
shazli7 1 year ago
@shazli7 yet in real terms these green initiatives made by China isn't enough to compensate for the pollution they created. The US better speed up their green initiatives besides US technology is still above the Chinese sadly their not UTILIZING it to the fullest.
EarthForces 1 year ago
This is an exaggeration. China will not collapse due to those problems you've mentioned as long as they export more than they import. If US can survive this long by reckless consumption on CREDIT and not producing anything. It will take China 10 times longer to collapse, especially looking at the size of their reserves. You forgot one crucial thing, humans ADAPT, they'll change their ways when it doesn't work out. If resources run out, everyone is fucked, not just China.
jwang604 1 year ago
China is one of large country in world with greatest population and over populate in many cities, they are same as many other countries with social problems. There is reason why China becomes world manufacturer because location, weather, resource and hard working people. Many international investors are taking advantage from the producer. Everyone is depending from China to make plastic products to heavy industry machinery. What would happen if Chinese dollars go up? Visit China to understand.
datatran07 1 year ago
this is a very reasonable report ! well thought and it even scraps the surface of the problems that china faces so to speak, one huge factor that comes to mind would be politically, can you name a serious powerful ally that china truly has in the world ? i cant, the only cooperations that china has is due to them being used as the worlds largest cheap factory, china virtually has no real close ally as even many asian countries consider a rising china as "uncomfortable" to say the least.
CHUUMPASS 1 year ago
not to mention that the boy to girl ratio in china is like 200 boys to every girl, with the brunt of that stat squared off in the newborns of today. i have a feeling when those little tards grow up they will riot and immigrate to other countries en masse. they have proven, as individuals and as a culture, that they give not one flying fuck about being socially responsible. its not part of their genetic makeup and the world may have to suffer for it. they are the mexicans of the future :_(
paragshah2112 1 year ago
@paragshah2112 Wtf are you talking about? Genetic makeup? What makes the US socially responsible? Look at the US's pollution, it's through the roof. China's pollution problem is exploited by the West if you didn't know, you stupid fuck. They take advantage of their cheap labor and their lax pollution laws dumb bitch. Worry about your own country first. Last century was of the US, this century belongs to China. And there's nothing you can do about it.
jwang604 1 year ago
@jwang604 what makes the US socially responsible? not a god damn thing. you're ALL OVER the place. so what are you mad about young canuk? why the fuck you care about china so much? cuz every time i fucked your mom, thats why! yeah, are you hot now? you wanna kick my ass? listen faggot, if i got an IQ point every time i had my ass kicked, i'd be einstein by now. but if you think you're gonna kick my ass, it would be a neat trick if you could pull it off ...
paragshah2112 1 year ago
@paragshah2112 Everybody here is talking about the economy, get the fuck out if you have no insight on the subject dumb ass. This aint no anthropology video, go rant about your genetic makeup somewhere else. China is the future, I have invested a lot of money in China so dont fucking tell me that its going to collapse with no solid proof. Your logic for Chinas collapse is because they have bad genetic makeup? what kind of education are you getting son?
jwang604 1 year ago
@jwang604 listen here troll, you dont know who you are talking to. i have more insight than you will ever realize. if you are that heavily vested in china, and you are not in one of those private "invite only" markets that the top 1/10 of 1% get to indulge in, i fear for you. i am not going to have this discussion with you in 500 word blurbs. i will say this much, their GNP & currency reports are absolutely manipulated. their bubble is going to burst in the worst way.
paragshah2112 1 year ago
@paragshah2112 "their GNP & currency reports are absolutely manipulated" do have proof? or is that just your opinion and biases towards China because of their past shady practices? China is experiencing real growth, does it make you uncomfortable that China is becoming a developed nation? or Should China be condemned to forever live in the gutters of the world? Last Century belonged to the US, this century is China. Go learn from Peter Schiff and Jim Rogers. Unless you think you know more
jwang604 1 year ago
@jerkwank actually multiple sources confirm that their GNP & currency reports are manipulated in the worst way. they are a corporotocracy and they will not see an occasion to prosper their nation, only their elite, as it is has always been with any corporotocracy. the US has also always been that way but for what was set in motion by FDR. ever since its oligarchs have worked tirelessly to tear that apart brick by brick until you finally have what you see now. & i'm just getting warmed up ...
paragshah2112 1 year ago
@paragshah2112 "actually multiple sources confirm that their GNP & currency reports are manipulated" lol Show me those credible sources boy!!! you are a typical conspiracy theorists.
jwang604 1 year ago
@jerkwank you keep taking that demeaning tone with me when, as a fellow investor, i felt compassion when you told me of your investments in the chinese markets. troll, this world dont owe you shit, & i certainly dont either. it sounds like you're just a typical asian funboy coasting off your parent's sacrifice. i know all about it cuz your mom earned the visa fees one blowjob at a time. but she's a sweet gal, she used to do me w/out a condom when she was pregnant with you. send her my regards :)
paragshah2112 1 year ago
@paragshah2112 Exactly as I thought boy, you have nothing intelligent to say about the subject because you know nothing about the economy. And it showed because you are reduced to hurling 3rd grader insults whenever you are challenged. Dumbass. And dont try to imply that you are an investor because clearly youre not because you are a pathetic conspiracy theorist and cynic who thinks the world is evil and every country is out to get your money. lmao pathetic little shit. i pity you and your mutha
jwang604 1 year ago
Tou also think bush was the greatest president in American history and war in the Middle East was to bring democracy.
Isreal4realz 1 year ago
@Isreal4realz You********************
Isreal4realz 1 year ago
put it thisway j-douche. you think everything you say has not already been considered by the chinese government?
CHINA WILL RULE THE WORLD, AMERICANS WILL NOT BE DICTATORS OF THE WORLD FOR MUCH LONGER
xiaoxiayu 1 year ago
@xiaoxiayu
US never was dictator of world. Your uninformed comments are silly.
cabraden1 1 year ago
China likes to push little old Tibet around? Why doesn't it try pushing the US around?
cabraden1 1 year ago
The United States and China will not collapse, please do not accuse China of pollution, in fact, the United States more than China polluting the world, cars, air-conditioning. A lot more than China
qq41068497 1 year ago
You need to read up on your stats. China is as big of, or a bigger polluter, than the US and has a lot fewer controls on emissions.
cabraden1 1 year ago
The next country to collapse is not China but the US
garymofo2 1 year ago
Dream on.
cabraden1 1 year ago
@cabraden1 Dream on what? Is that all you have to say? Its Inevitable. China produces 1000 Engineers/Scientists/Doctors every year. China has the economy that surpasses US by 2020. China is spreading its influence in Africa and middle eastern countries for rich resources and oil. US is still fighting Afganistan. If it weren't for the chinese lending money, they wouldn't be able to afford such war. Remember Soviet Union? They too invaded Afganistan and look where they are now.
garymofo2 1 year ago
First off, the Soviets had an economy 1/4th the size of the US economy. They didn't have an economy to fight foreign wars. Secondly, most of your engineers come to US to study; our universities have far better recognition than China's; third, 60% of Chinese manufacturing is foreign-owned (half of that is US owned); fourth; if China looking for oil, it's planning to fuel it's economy on outdated sources of very finite supplies of oil; fifth; Four--China copies US innovation.
cabraden1 1 year ago
By the way, I'm not an America--I'm Canadian. I don't have any drums to beat; just
stating facts. China suppresses human rights, censors free speech (blocks access to many internet sites). It's economy is export-driven; if the US stopped buying, China would be HURTING big time. Soviet Union broke up mainly because the US upped the anty on the arms race, burying the USSR in an arms
race that crippled its economy. China's growth will stall as competition adjusts.
It already outsources labor.
cabraden1 1 year ago
Also, consider this; China is quickly losing it labor cost advantage. The middle class in China is rising fast. They will demand higher wages to live a better life.
This will make Chinese goods more expensive and less competitive, cooling down China's economy. Manufacturing is already returning to the US, in addition, shipping costs are rising so fast that much of China's labor advantage is being offset. China's labor costs are already being undercut by Vietnam, Singapore and Malaysia.
cabraden1 1 year ago
The US went through a great depression in the 1920s; it will survive this too. China will probably collapse from within, much like the Soviet Union did. And you know what will do it? The internet! And the free flow of information And guess who invented the internet? Bet you are clueless. The US Army! I remember 40 years ago Japan's economy was supposed to surpass the US; and in Russia, Khrushchev said to the US "we will bury you"--and all they did was bury themselves.
cabraden1 1 year ago
If it wasn't for the US, Chinese people wold be speaking Japanese. Do you know anything about history? The rape of Nanking? Who supported China against Japan? The US! Who supplied China? The US! Who supplied the Russians, British, French, Australians, and others? The US! China was so lame, even with about a billion people back in the 30s, it couldn't stop the army and air force of Japan, a country with 1/20th the population at the time. The US innovates-China copies.
cabraden1 1 year ago
@cabraden1 We were in a Civil war! US Only supported the Corrupt Nationalist and they didn't do shit against the Japanese. It was all the Communist that repeled them. US got raped by Japan too. Don't forget Pearl Harbor! US was a pussy in WW2! It didn't even want to do anything at first! We were lame back then because of your fucking imperialistic governments. It fucked all of us up but now things have changed. It's time for your asses to be removed from the superpower throne. Face it.
garymofo2 1 year ago
You weren't in a civil war, that didn't come until AFTER World War II when Mao lead the communists. I'm talking DURING World War II. The US supplied China when it was being overrun by the Japanese. The Americans flew supplies over the Himalayas to help China. US got raped by Japan, eh? They were such big pussies all they could do was launch a sneak attack (didn't have the balls to
declare war in advance). Chinese would be speaking Japanese right now if
it weren't for the US-admit it.
cabraden1 1 year ago
@cabraden1 We WERE in a Civil war. It only stopped temporarily due to Japan's invasion! And No we wouldn't be speaking Japanese! America had to get rid of Japan! Japan was taking over their Pacific! China helped US by letting them land their planes and refueling! US in return gave supplies! Don't fucking say if it weren't for US, China would be fucked! They were allies in WW2 and they helped each other to get rid of imperial japan!
garymofo2 1 year ago
This is pointless. I think you intentionally avoided my comments that over half of Chinese industry is foreign-owned, and half of that is US owned. When the US calculates GDP, it doesn't include foreign manufacturing. Add another 3 or 4 trillion to the US GDP and subtract that much from China's GDP, then recalculate. Actually, subtract twice that amount because of the other half of the 60% is other countries investments in China's manufacturing. China only
owns under half of its industry.
cabraden1 1 year ago
@garymofo2
The US will still be here and you will be dead and buried. It won't happen.
cabraden1 1 year ago
@garymofo2 nope, greece
davidlee110 1 year ago
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GrandmasterTigerfist 1 year ago
China have destroyed islam in xinjiang and without pakistans help this was impossible..
We need more muslims like pakistan who can ditch their community and islam will be wiped out from earth..
Long live pakistani hero zardari
GrandmasterTigerfist 1 year ago
Pakistanis have proved true friendship by ditching the ummah and helping the communist..
Which proves that chinese friendship is more important than islam ans its cause.. pakistan will also hang imam mahdi before he will ever reach china..
GrandmasterTigerfist 1 year ago
China cant collapse they still have their work to do in xinjiang remaining 20% of the muslim population..
Thank you pakistan for helping communists fucking islam in xinjiang..
GrandmasterTigerfist 1 year ago