If Santa Claus is Chinese, what can the US expect for Christmas this Year?

[tinemoslo]

What an incredible logic Ms Lee has. It's not a housing bubble, because people need houses, but it's possible that there is a problem with prices (evaluation). Obviously she thinks that there is no housing bubble in the US, because there are millions of homeless families.

And I thought the bubble means that assets are overvalued and when prices go down, it drags financial system into disaster as bank's assets diminish. How stupid of me.

[manuelroxas1892]

Unfortunately Monsanto is already attacking us trying to own up farms and crops

[celainea]

Ann Lee has good points but fails to connect economic theories w/real human experience. Science students graduated to find the only jobs which paid enough were in industries that exploited the Earth of its resources or people's fear of getting older & useless. Math students graduated to find only Wall Street paid enough, & all to pay off exploitative student loans dreamed up by previous math grads. As the occupied movement points out, we need a more human oriented system.

[Ariana321]

Santa can't be Chinese, Santa doesn't drive 35 under the speed limit with his blinker on!

[LeClassics]

@Ariana321 just a tad racist

[LeClassics]

@Ariana321 nvm just read your profile. let it all out!

[newsradiohead]

25:15 Haha! Shannon is a wizard!

[newsradiohead]

27:05 Demetri, Demetri, Demetri, you and the rest of the "Capital Account" team are always welcome to the produce I grow. Unlike cash commodities, commodity futures, security futures, options, and forward contracts, securities, foreign futures and options and currencies, my tomatoes cannot be rehypothecated; they will always be here, safe, waiting for you. Let's show the world how to make a friendship-based economy work, and maybe bring some order to this global financial chaos. Happy Holidays!

[mstipich1]

Ban imports from China until they organize free elections?

[timonViejo]

You could have mentioned permaculture in the farming part as it's a rising trend. As Dimitri said, it's very related with oil. Check out for example the youtube channel peakmoment you have shared guest with.

[whitechocolatespace]

Lauren, you look like got outta bed wearing your PJs.

[mrzack888]

There's a difference between a bubble and a bull. In a Bull there is demand, which is Housing in China. But if the prices are at an unfair unrealistic price then it is a bubble, which is also the case with housing. Too much of high end lulxury apartment condos were built during the bubble boom, and not enough lower income type housing which Chinese demand.

[sphereme]

Housing shortage?? Valuations a bit off???

[LACYV1]

Urban farming is also on the rise.

[ashtavideo]

Ann Lee still doesn't understand that USA is over. US is broke. She stuck in a time track somewhere in 90's....

Only one tool for USA to remain it's positions - more and more war all around the world.

[ThePhilPerspective]

@ashtavideo The USA is not broke. It prints its own currency, therefore it can't go broke. Get your head out of your butt and stop listening to idiots.

[ashtavideo]

@ThePhilPerspective You sound like Mr. Greenspan) USA prints it's own worthless papers, that's true. But you don't understand that print paper is not creation of wealth. US dollar will collapse just because it's issued in a bulk while no real wealth is created in USA any more.

[mesoconcepts]

"they have a housing shortage" - right; and unicorns exist and crap candies.

[mrzack888]

@mesoconcepts have you been to China? then STFU. China has a shortage of low income type housing. Prices are too high for the average Chinese to afford so many live in squalor.

[newsradiohead]

@mrzack888 You're exactly right. Those fancy new homes in China are mostly bought up by speculators who are trying to "flip" the houses for a profit. Sound familiar to anyone?

[Stringyheads]

Also investing in Farming machinery manufacturer is something to consider Ho Ho Ho.

Yes there is a company, that makes mining equipment and farm machinery that have stakes in 170 counties that are going to boom you figure out the rest.

[luemas666]

The description of the benefits of currency manipulation is wrong, I think you realized that half way through. If a country is setting its currency high it is encouraging imports (current account surplus) resulting in an outflow of capital(capital account deficit), commonly called a trade deficit. If a country is setting its currency low (like china does) it is encouraging exports (current account deficit) resulting in capital inflow (capital account surplus) commonly called a trade surplus.

[luemas666]

@luemas666

What you describe is a capital account surplus and a current account defecit for both currencies.

Great show btw

-S.W Oldfield

[Stringyheads]

I know what i would like to peg.

[notcher19]

Ann Lee is hot!

[edmack4me]

Oil is not a fossil fuel.

[GloryAtWill]

.... and what could be one of the best business to be in today which is very much in relation to 2 bright and new industries today, the Personal Development Industry and the WELLNESS Industry. Combine these for a powerful practice, they go hand-in-hand. Help yourself, help others. That is a true way for a middle-class lifestyle and business. Cures for all disease already exist, its just called prevention and to have the preventive tools can make all the difference for you: Real gems do exist!

[GloryAtWill]

Farming? How about sustainable communities with ALL of the technological innovation available today via the Internet. Things that you just can't find in stores, like a waterless toilet (makes soil by the evaporation method) which is only one of MANY ideas. I wish people would want to hear the solutions I've discovered... I'd love to be on RT talking about how to do what it is they are mentioning in regards to off-grid lifestyles, with the right product it can be a far higher quality way of life!

[SterlingForreal]

You guys should show the closing numbers by percentage gain/loss rather than nominal.

[rothschilds666]

Wow, a smart professor, its been a looong time.

[TzeentchsKnight]

A trident?!?!?!

[capucchan8]

you are going to see designed everywhere but in America because America's elite is focusing on the financial sector and on an insane quest to conquer the territories that constituted what was known as the silk road , they are not interested in innovation anymore

[capucchan8]

most of the jobs that were outsourced were moved to Asia, Mexico is to expensive and chaotic, they need stable places that provide slaves

[bullshit3118]

@capucchan8 Mexico is not unstable and chaotic that is ridiculous. Another media slave thinking of the northern Mexico drug culture. Mexican labor serves the American corporations by bringing cheap labor over here. That means they dont get paid shit in Mexico dummy. I think Americans need to educate and inform themselves properly before opening their mouths. That's why American labor is the next slave in line. The Chinese labor market is based on oversupply dummy, nothing else.

[yoursilverfortune]

Peak oil, Peak water and Extreme weather. And let us not forget dead, overworked, nutrient-deficient farmland abused by years of nonsustainable farming methods.

Farming is a bad idea for newbies. When generational farmers have a hard go of it, I give these newbies a close to zilch chance of just breaking even let alone being able to afford a Maserati.

Good luck.

[bullshit3118]

@yoursilverfortune Yeah but you forget, it is the U.S. corporate dominance over food markets around the world that is the major problem with American farming. If more independent farmers can reach out to their communities, there are sustainable farming methods and energy resourceful techniques that can be used. My family also has a farm but its that "older generational" thinking keeping them in the dark ages. Newbies can work it because its "organic"/ local--people want that.

[quadcatfly]

One

Big

Ass

Mistake

America

[mrzack888]

@quadcatfly

Big

Unbelievable

Shit

Hack

[mannyvelo]

Obummer, what a joke. We cannot compete on labor with China. We buy what is economically advantageous to us. The less we spend on an item the more money we have for other items. Our homes would be filled with far less if we were "patriotic" and purchased only American.

[elpatostark]

Dimitri and Lauren a couple?

[bullshit3118]

@elpatostark It's Demetri. He gets really upset if people spell it wrong. lol

[cheddyrod]

Before you buy a farm in America you have to remember that farmers will not be able to sell their produce directly to consumers

[Vairocana23Revived]

The BRIC Countries Growth will continue increase due to vast natural resources and having approximately 1/3 of the worlds population. What is the Real issue for everyone are these Institutionalized Criminal Banking Practices like currency pegging. The entire financial system is Corrupted simply because these speculative monetary practices are so grossly out of proportion to the Actual Economy of All Nations.

[Vairocana23Revived]

@Vairocana23Revived opps.. I meant, "The BRIC Countries Growth will continue to increase....the world's population" and "What the Real Issue for everyone is..." Please forgive the original grammatical errors, I think I got them all. :)

[mrzack888]

Santa IS Chinese, cuz all my toys are made in China.

[Redpilldown]

This is the bitches video title I have seen RT use..........funny as fuck!......bad RT

[tapary]

@Stevie68000: Yes, that's true, Lyold Blankfein is a Jew. Who the hell cares?

[DizzyDish]

The US citizens are too busy looking for that cheap product that they have forgotten what made the US great in the first place. No one wants to work for 10 bucks an hour, but they are learning that, that is going to be the NORM for the foreseeable future. That in itself makes for a bad economy here in the US. No one has any extra income to spend on , even , the cheap crap we get from China.

[Ristar85]

@DizzyDish

what "made the USA great" was the fact that all other countries were bombed to stone age at the end of WW2 while the USA was left in a pristine condition, the fact that the countries signed an agreement to use the USD as the reserve currency, petrodollar, the gold standard (which was later reneged on).

... and lets not forget abt foreign policy after WW2.

to compete with China, take slave wage (it's just capitalism). if ppl r not willing to do it, then they're not hungry enough.

[Ristar85]

@DizzyDish

(cont)

even retraining the workers like what Ann Lee said, wont help. she didnt mention how ppl r going to pay for their new degrees, when the first one landed them neck deep in debt without a job. government intervention was implied, and the USA will just have to borrow more money from the private Fed.

1) China is cheap

2) China has a lot of graduates. iirc, more than 6 million Chinese nationals enter university every year.

3) China is banning all those degrees that are useless.

[Stevie68000]

Goldman Sachs CEO, Lyold Blankfein is Jew