chinese economy is a bubble explained by Max Keiser

[Dethreid]

you guys need microphones that cost more then $10....

[MrFukaLama]

Bull, real police state is US

[greendayidiot13]

Neo-Gulag feudalism! Hahahahah

[OneManArmy4Life]

America will default on china like Europe defaulting on America after ww2.

[Africanmusic100]

China growth is not a bubble

[smokesceen124]

WTF was 1:43 lol?

[badsign1980]

well they have them in macao, ancient portuguese colony, first even in china, its called now the las vegas of china, chinese all very addicted to gambling, its booming there, many portuguese investors are openijng there casinos, dont think its legal in hong kong, its a special region of china because of its history, you think you are walking in lisbon in central macao even though chinese dont understand portuguese its written everywhere

[rberding]

Chinese are big gamblers. Therefore you have no casino's in China. Prohibited!

They all go to Macau and Singapore. The only gambling they have is their stock exchange. Just one big bubble. Business owners borrow money from the banks and

gamble with it on the stock exchange.

[gobipill]

@rberding Wtf? The Chinese are lovers of saving cash and that's such a well known thing I'm surprised you didn't know.

[badsign1980]

we have all these shitty chinese products and guess what they are all worthless and ppl buy them because they are cheap if china grows their economy the salaries will go up but so will the products and then u the hell will buy plastic that breaks and wood that is rotten and metal that dosent bend? nobody, bye bye china, im not against china, but this is fact if they dont get the tech and minds back there they wont be number 1

[badsign1980]

sorry for mistakes the info was correct

[chinaownseverything]

America sucks. china owns

america fails. china wins

america imports china exports.

instead of soviet differences.... think how different china is.

[cabraden1]

@chinaownseverything

Wrong.  You don't know squat about economics.

[an0m0nus]

yeah right "china's less of a police state than the u.s because more protests and riots happen there" ....or they have a police state propping up a corrupt authoritarian dictatorship so they riot against it...

not to mention the sheer size of china, and the poverty, and the many actual reasons there's more riots... jeez annoying woman...

[TheBlitz1]

very good talk, i'm glad to hear someone talking about the derivatives market

[Godismylife1]

everyone wants China to be in a bubble, since the 90's they have said this. Its the #2 economy yea its in a bubble.

[mrdiscus66]

Do your bit to burst the Chinese bubble. Stop buying the shit they make.

[Nightwisher87]

@mrdiscus66 good luck.

[mrdiscus66]

@Nightwisher87 Yes you've got a good point. It's not easy but until they get a democratic government I think everyone should at least try not to buy their goods (though I don't know what's good about them) .

[Nightwisher87]

@mrdiscus66 I think you are missing that parts and components are also made in china and that maybe not be made by a chinese company. E.g. Foxconn is a Taiwanese company but have most of their parts manufactured in a Chinese factory. Foxconn manufacture parts for the Iphone, and yes, the Iphone is pretty SHIT isnt it?

[mrdiscus66]

@Nightwisher87 Taiwan is an independent country. It is not part of the PRC. My gripe is with the totalitarian government in mainland China.

[Nightwisher87]

@mrdiscus66 fact is, 90% of the world's stuff is either made in china or has parts made in china. your computer you are using now is GUARANTEED to have parts made in china so you have failed already.

[mrdiscus66]

@Nightwisher87 You are right which is probably why my pc is always breaking. This also proves my point that it is worth trying not to buy Chinese stuff whilst there is still (sometimes) a choice.

[Nightwisher87]

@mrdiscus66 hah you are a joke.

[mrdiscus66]

@Nightwisher87 And what are you a communist stooge?

[Nightwisher87]

@mrdiscus66 yeah so what. stop using chinese products, but only if you can. fool.

[mrdiscus66]

@Nightwisher87 If China is so good why don't you peace off and live there?

[Nightwisher87]

@mrdiscus66 this isn't about me. it is about you thinking the most absurd idea that everyone can just drop anything touched by chinese hands.

[mrdiscus66]

@Nightwisher87 I'm not saying they can drop anything made in China. But look at the balance of trade deficits for USA and most of Europe. It can't continue like that and we're all living on credit. Developing countries should be giving aid to us instead of the other way around.

[Nightwisher87]

@mrdiscus66 LOL aint gonna happen.

[AMERICANMETALKICKASS]

Americans aren't scared of protesting, we are just too stupid to know what's going on.

[PandemicMadness]

China's export-led growth along with an artificially under-valued currency is what fed the US with too many recycled dollars which led to this whole goddamn mess in the first place. China's "phenomenal" growth rate was too big a shock to not have had any side effects. Well side effect we got, we got the GFC out of it.

[mathpianist93]

the entire economy is not a bubble. at most the real estate sector is

and this guy keeps on rambling on without tersely reaching the point

[andyhwang2009]

20th century for USA , 21st century for China.

[knoxzoo75]

@andyhwang2009 And India, and Brazil...ect. Stop beating your chest.

[IwantaYBaccount]

lol...give me a break. just you reflect back what those stupid morons screamed before." China would collapse in 97, would collapse in 2000,would collapse in 2008. Chinese banks are bubbles." How come those things never came true?? I was wondering, when USA with 210banks bankrupted last year,China with its Bank business grow larger and larger, and you are telling me USA is right. are u out of your mind??

[knoxzoo75]

@IwantaYBaccount Your one sided view of China shows you are biased in your thinking and led more by a sense of racial and nationalistic pride then the facts on the ground. This seems to be a recurring issue among Chinese commenting on this issue.

[IwantaYBaccount]

so you are telling me to trust that guy's bullshit?? You better to find the"who knows China better joke" on youtube. exact same type stupid moron who didn't know who(Hu) is the president of China, and when(WEN) is the prime minister of China. that fat retard confront and tried to convice an american business man who made tons of fortune in China, to actually believe China's economy is fake. what a joke.

[knoxzoo75]

@IwantaYBaccount Fake? No...but the hard fact that China is in a massive real estate bubble is becoming accepted all over the financial community. If you ignore a major problem in youreconomy out of nationalism and pride then you are heading for disaster.

[IwantaYBaccount]

@knoxzoo75 nah... last year you guys used submorgage melt down to replace the term real estate bubble. what if I use over hot to describe the so called bubble here. LOL. when you have pride it is called patriotism, when my ppl reject your ppl's rediculous curse, and it is called nationalism.

[IwantaYBaccount]

bubble? if the goverment get ability to deal with it, who cares. the bank and land in China all belong to the country, public , which is managed by central goverment. that means ppl don;t need to worry about real estate bubble broke in a socialism, capitalism mixture, half free market. just keep on predicting China is gonna collapse then. If i were u, i would worry when USA is gonna bankrupts and collapses rather than worrying for other ppl.

[knoxzoo75]

@IwantaYBaccount I never claimed China would "collapse", but it is heading for problems and the fact that so many of you who happen to be Chinese seem to be insulted or angered by anyone who dares make any claims that China is having any form of problems within it's economy is very telling.

[knoxzoo75]

@IwantaYBaccount I know very well the U.S. has economic issues, as many nations do. Why have Chinese mixed their pride and nationalism so strongly with the economic status of China? It is unhealthy and leads to an inability to look at it honestly.

[knoxzoo75]

@IwantaYBaccount I have to wonder what will happen when the day comes that China has some sort of economic downturn. Looking at chinese posters it is as if you guys believe Chinas current growth will be eternal! EVERY nation and economic system has ups and downs. The fact that Chinese have wound their sense of racial and cultural pride and identity so tightly with Chinas economic status makes me think their will be serious social problems when, not if, China has an economic slowdown.

[mathpianist93]

@knoxzoo75: I accept it, but I naturally believe that some of the Western analysts are driven by Sinophobia. I think the CPG should just institute a harder cash-down requirement, you? the original ~40% level was already a step in the right direction.

However, my political nationalism is unquestionable and I will not listen to ANYONE who tries to tell us mainlanders what to do with our political system. 

[JimexJimex]

Number of Riots is directly proportional to Freedom the people have in a country.

That made my day! lol

[chrisblueworld]

China has major real estate bubble.The economy is quite similar to Japan's in the late 1980s.

[TomSimba]

China's economy is not a bubble, it is the rock of Gibraltar. It is proping up the ailing economies of the world. May I also remind everyone that is round of world wide recession orignates from the United States.

[Danioton]

Is Stacy Herbert demented or what? ---That odd comment about not being able to protest in the US because some police will kneecap you? While China is more free?

[sucker4lush]

Did you see the picture of the smashed up police car in the video? And everyone's still standing around? I've never seen anything like that in America. Not even in the Rodney King riots. People are scared to death of the cops in America, for good reason. And we are HEAVILY armed.

While, in China TEN THOUSAND UNARMED PEOPLE rioted, burnt down a police station, 2 other gov't buildings and 12 cars... for a coverup of the death of ONE GIRL in Wengan County, Guizhou, China

[ruebenmarley]

That was a pretty stupid comment about China's 'freedom' and rioting. Stacy's obviously never really been inside China. Fact is, Chinese riot when they see no other alternative... and have nothing to lose. They also don't have guns, while the CPC police do. That's called 'desperation' not 'freedom' you twat.

[tiberianexcalibur]

America imports, China exports lol

[yckwakj]

America imports cheap ass shit products

China imports america's expensive high tech products

[tiberianexcalibur]

Hey you buying the cheap ass chinese products lol

[lirending1]

your language is cheaper than the shit .

[inthebluescrossroad]

rofl @ 3:00 hes spazzzzin out

[johnnytm]

china has more freedom than the states because they riot? what the hack are they talking about

[blackrubberbag]

"The worst of capitalism & the worst of socialism."

Exactly right.

Boy, are we ever in a lot of trouble.

[omapps]

ladies gentelmen arm yourselves for the time is near

[OperationCrossroad]

Max is right,

Greenspan is just like that creepy cult leader guy who gave his balls to a comet...

[ronpauljimrogers]

100 years ago they would be hanged by neck until dead - dead - dead. Today? Trial and death for those found guilty. (Treason, high crimes and misdeamenors.)

[Eggy0]

Well Madoff was grounded. That cant be very pleasant.

[Danster82]

Stacy brings up an excellent point at the end. We seem to be an age of total lack of responsbility and so although it is true these bankers have control of the money supply and creation of, we were the ones who allowed this situation and didnt listen to the people warning us since the conception of the fed.

And we would still rather look away until the things get so bad we need to address them, Take responsbility we gave the bankers the power to do what they did and so this is our creation.

[ronpauljimrogers]

Nonsense. It's thoroughly documented in plans by SPP, NWO, globalists for 80 years. I didn't do anything to create this, and, unless you're in real estate or banking, you probably didn't either.

Did you notice in October that Wash DC ignored 90% public opposition to the bailout bill? (Over 99.5% of phone calls to some Congressmen's offices were opposed.) These people are UNACCOUNTABLE, and as Max Keiser says, "gambler mentality... is not sustainable." Wake up, my friend.

[TadRapidly]

yup. Horribly true. The last call-to action that will do anything is "complain to your congressman"! Max made a great point once by saying that people like Nancy Pelosi and other politicos all hold Goldman-Sachs stock. Sickening, sadistic, cowardly turncoats, all of 'em.

[CheekyMonkey888]

Chinese economy is fine, they just have to start selling to each other, right now they are like deer in the headlights

[bricenik]

lol looks pretty ugly

[Nymphe14]

More like $1.1 QUADRILLION, according to the BIS, the bank of all banks.

[hugolp]

I think the americans will protest. It will take them some time, but when they do, get ready, because they wont do like the french. They all have weapons.

[cookeladoo]

I don't think so hugolp, the Americans are more interested in the Grammy awards, Paris Hilton and Angelina's outfit than their own freedom. Their strong minded forefathers are dead.

I so wish that they can prove me wrong.

[Standingwithfeast]

@hugolp Barry wants to remove & or misinterpret the 2nd Amendment. Putting homo, racist in office to further his agenda ordered by his puppet masters. Most military & police officers rather keep their jobs then to stand for the U.S. Constitution. They would take your guns as they are ordered to.

[knoxzoo75]

@Standingwithfeast You are a paranoid idiot.

[Standingwithfeast]

@knoxzoo75 considering the source, I take your comment as a compliment.

It is o.k. and go stay as sleep. Thugs loves idiots like you, remember yes you can, yes you can remain a willful useful idiot. The banksters love idiot like you who hates folks who have eyes to see what is happening to their country. Go move to Thailand YOU USEFUL IDIOT!

[knoxzoo75]

@Standingwithfeast Again, a paranoid and ranting idiot. People like you are what is wrong with this country, you can't handle any form of political thnking accept for your far right extremism that ruined this country for 8 years. You don't learn from your own mistakes and you immediately pretend you didn't have control of this nation for 8 years that led to most of the issues we are now facing. now THAT is idiocy.

[Standingwithfeast]

@knoxzoo75 again you are a useful idiot of the false left and right paradigm non thinkers. It is people like you who destroyed this Nation after over 200yrs. You are so blinded that you folks going back and forth voting in crooks from two sides of the same coin. Grow up, and see your unConstitutional stands which destroy the economy of not only this nation, but the world.

[Standingwithfeast]

@knoxzoo75 If you would learn anything from history, then you wouldn't talk like a mindless neo- liberal/neo-con ranting idiot who believe that we are not in danger of fascist/ corporatist/ statist regime. Enjoy your Police State paradise YOU COINTELPRO TROLL! = STILL AN IDIOT.

[Standingwithfeast]

@knoxzoo75 If you are capable of reading English, then you can see I am not a Dick 'n the Bush supporter nor am I a Billary/ BO aka BS supporter like you.

Didn't your favorite gov. indoctrination camp teach you critical thinking before graduation? However, I have to give you a complement that you make an extremely accomplished COINTELPRO TROLL. I will not wasting anymore time correcting your errors.

[knoxzoo75]

@Standingwithfeast Again, a crazy ranting loon which we seem to have no shortage of in this naiton. Probably a tea bagger with his secret stash of guns hidden in his bunker basement for when the evil zionist government comes to get you. The funny thing about you people is that you seemed so very quiet for 8 years while government actually did overstep it's bounds and now you want to seem like you just dislike all our leaders. BS. You guys only come out when left leaning people win office.

[Standingwithfeast]

@knoxzoo75 again, Troll you are and have not logic in your reasoning.

I have no guns stupid. Your BS and Neo Con buddies are the evil Zionist Corporatist Statist. Go back to elementary school COINTELPRO TROLL. I am a green tea drinker, but you are going to be a bagger because of your BS.

[knoxzoo75]

@Standingwithfeast I believe it was you that started this by stating Obama would fill the government with homos (really??) and come and take peoples guns...now you don't have any guns. I am starting to believe you are the troll here, a person online simply to play games and make stupid insulting comments.

[knoxzoo75]

@Standingwithfeast And now you are pulling out the tired Zionist argument? When will you paranoid fools find something new? Still blaming the worlsd ills on the Jews. Not only are you a hater of homosexuals but now the Jews as well, what a hateful view of life you have.

[PandemicMadness]

@Standingwithfeast

What is seriously up with deluded people like you who keep yelling about some "zionist" conspiracy. Grow up man.

[Standingwithfeast]

@knoxzoo75 you supports those who takes away from the producers like me and give it to the have not like you. you support Bail outs by supporting BO/BS,

you are the Bagger TROLL.

[knoxzoo75]

@Standingwithfeast And who are those who produce as opposed to those of us who actually work our azzes off just to survive? I thought you were against the evil Zionist corporate statists? Who do you think is "producing" in our society if not thses corporations? You are goofy and all over the place, you are also not consistent like most people who are online just to start trouble. Grow up and find a better hobby.

[sohei75]

It seems I couldn't reply with my other account,odd. It seems you live in a paranoid world where all political parties and leaders must have secret backers intent on taking your guns and filling your government with, how did you say,homos?You say you are no more a supporter of Bush, but I find it very telling that while Bush and his cronies were pushing things like the patriot act that came closer to actually eroding rights, you anti-government people were strangely silent.

[Standingwithfeast]

@sohei75 1st thing I am Pro- good government, and the media whores are the anti-good Constitutional governent. If you think Faux News, and Clintion News Network is a good source of info, I will pity you folks. Silence? How about being censored.

[knoxzoo75]

@Standingwithfeast The best thing about bashing all forms of media is that you can dismiss any information presented as false, therfore you can pick and choose what you face. If you view the world as a place filled by sneaky Jews and homosexuals, black leaders taking away your money to give to dirty minorities..then i'm gonna guess you get the majority of your news from conspiracy web sites and white nationalist sites.

[knoxzoo75]

@Standingwithfeast And what is your Homo comment about?

[prjerry7]

@hugolp prophet?

Things arent too bad in USA now, government help, funded by debt, is keeping people desperate but not too desperate.

[ShellyDrift]

Protesting is part of a free society, when they say you can't protest, RED ALERT!!!!!

[KhmerD0g]

cool vid.