During my 6 years in China (2004-2010) my Chinese girlfriend worked for the Department of Statistics. The stories she told me!!
If ppl outside China had ANY idea how completely corrupt and fake the statistics coming out of China are, they wouldn't put their money anywhere near it!
Although China is assumed to take over as the world largest economy in 2016 (by PPP GDP) or in 2030 (by nominal GDP), its not enough resources for that to happen. China has a billion people, for all of them to own a car and consume as mush as the Western people do, we need to find 15-20 more Saudi Arabias to pump more oil into the world production. Instead, the opposite will happen, both Russia and Saudi Arabia, the two biggest oil exporters in the world, will soon start to deplete.
@energyalt56 lol dude put the crack pipe down china builds empty citys to raise there gdp most of there workers dont even earn 5000 a year they will never compete with USA sure they make crap product's that are cheap and companys buy them so they can make billions off them there gonna bust soon give it a few years by 2020 they will be begging for handouts
@sangolt88 Did u know that the largest oil deposits in the world are in america and yeah china's goverment wastes more money then any goverment does there on a path to crumble soon
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
My cousin Beppo knows all about this shit! He went over to China looking for hookers and he found tons! He blew 3 million buck on this asian chick who was on steroids and had big tits!!! She fucked him around the clock for 4 months straight. I think he took her out for sushi one night, and then they went to a ski resort and fucked on the bunny-slope. He pulled a carrot out of her ass! Beppo may not be much of a man....but he gave it to her Greek Style and made 20 bucks doing a porn. Go BEPPO!!!!
Some american r lost sense of judgement. right & wrong, 1.3 billion ppl, every 3 month need a large new city, no such thing as housing bubble, with 60% down payment is required in China to buy a 2rd house
Unlike USA at only 15% downpay,, China has 3.4 trillion in reserve(extra), they can adjust easily.
Media is disgusting, always one side bias story, blame others, bully China? take your consequances
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.
stop talk so much who is right or wrong talk is useless start working hard nothing will come easily, just like sport t to win have to work very hard do your best
true countries does not last forever, but people do. most of you is building the country but not the people. many people around the world studying English. what does American study ? nothing, why ? because they already speak English. They do not need to learn anything new, no need to compete anything new, because they know that people around the world will come to them. not other way around.
If china stops buying our debt then we can't buy their products meaning a lot of factories are going to close. A lot of people get thrown out of work in china that combined with no safety net meaning more protests and political instability.
The US announced bankruptcy in 1933 and again in 1973. The FRBNY received $8;4 trillion from the auctions of T-securities last year but it is not reported as income. It was profit for the Fed. The Ponzi scheme Fed receives the value of every T-security issued by Congress. Why is this not reported to Congress as required by Title 12, section 247 for a “full report”? Ref. 3w scribd dot com message 49040689 RIP OFF BY THE FEDERAL RESERVE
China property will sell like hot cakes in a year or two.
And the buyer are all foreigner specially the rich and smart one. Here is the secret and china is so far ahead in their planning.
Secret reveal:
When american dollar gone belly up next year the rich and & american will buy up all these property and move into these chinese cities to live there.Your welcome
Chaos in america & rich are being kill by the poor in america and china is their safe haven.
In all this game, the devil is the victim, is the scapegoat, will be acused of everything cause the GOD don’t want any rivals*. Conclusion: live at the full in the freedom of GOD (praying in a right form,following the INSTRUCTIONS in the Bible - keeping the 10 commandments - including keeping the Saturday as the 7th day etc.) instead of in the incapacity and limited power of devil cause he is just a temporary puppet.
Here's the deal folks-- China is still behind the U.S. and the West but is catching up fast. The age of the West murdering, stealing from, colonizing, enslaving, raping, and just basically keeping the rest of the world down is coming to an end. This is what keeps snowflakes up at night. Snowflakes are TERRIFIED at the thought of losing their grip on power. Well best you get off the tracks snowflakes, cause the freight train is coming through!
Here's the deal folks-- China is still behind the U.S. and the West but is catching up fast. The age of the West murdering, stealing from, colonizing, enslaving, raping, and just basically keeping the rest of the world down is coming to an end. This is what keeps snowflakes up at night. Snowflakes are TERRIFIED at the thought of losing their grip on power. Well best you get off the tracks snowflakes, cause the freight train is coming through!
Oh My Good God did you all just hear that? We just printed 2 Trillion Dollars because China DIDN'T buy our debt.
You know what that means? Inflation! Its like asking everyone in the US pay a tax to the Fed because for every dollar we have, the Fed took a small portion of it!
I don't want to sound condescending but Please, go to a community college and take a Economics course. it'll help you all in the long run.
@Crimsonsword88 While that may seem the simple answer, it is far more complicated. As the U.S. is not seen as exactly the investment hot spot right now, the money that is printed does not stay in the economy. Therefore the inflation remains low or non-existent. The capital is instead flowing into emerging economies which cause them to inflate. We're exporting inflation at the moment.
Do these guys ever get sick of being wrong? Wrong about inflation, wrong about interest rates, wrong about a double dip recession, wrong on the deficit. Moore said Bush would be great for the economy, now he's afraid of debts- and apparently, according to this video, does not understand monetary policy.
Resource Based Economy / Google it / Problem solved. Build things to last, not break after 1 year warranty. Like my I-phone that's just getting slower and slower and slower (WTF). Do without the Monetary system, It doesn't work any more. Scarcity, Violence, Hunger. Too many people fighting against each other and not working together.
It's really NOT that hard to comprehend, Its a better world when we imagine it and take 1 step forward. :)
Oh yeh China is ranked no 1 for human rights. It's such a nice place that millions of people are trying to sneak in illegally. Lmao. If they had the freedom 99% of the Chinese population would leave.
@mrdiscus66 Is the UK ranked number 1 for human rights? No. Are they currently broke and are trying to seek business deals with China? Yes. Is the UK raising tuition fees so that they can reduce their huge budget deficit? Yes. Is the UK perfect? NO!
this is a joke that china is even buying debt from US in the first place, its hard-earned money from the chinese people, and china are hard savers, imagine it all spent on Money printed on thin air by the FED, it just dont make sense.
I am looking at the calendar of your presentation here and it appears that your calculator is running late... Now. I am one of the people who has leaned very hard on your recent interpretations...Is it time now that should I start concluding that you may not have all the aswers to this status..??
@heavymusic1scool China, been going for 5000 years and stronger than ever! 5000 years IS practtically forever in terms of human civilization timelines.
@heavymusic1scool 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 !!
pursuit of capitalism or mercantalism. call it what you want we need limited, very limited government. we need more freedoms, more personal freedoms, less taxes, no taxes, stop spending, in theory that period of america when gold was set at 21.00 dollars per oz for 100 years profuced our greatest prosperity. government only has to defend nation and keep things fair. nothing else.
maybe the new TEA Party will do it and save america. there is no reason why we have to be taxed. gov is too big, they need to cut back, stop entitlements, only ones who have a right to money are veterans. they need to stop discretionary spending too. let us keep our tax money. only vote for candidates who swear to cut taxes, but when they get in there they do the opposite so we need recall laws to get them out. stop the foreign born alien immigration nightmare, stop the wars, stop spending
@Luvanicebum China is a bubble. most of their economy is exporting and developing real estate. If the Yuan was strengthened to parity with the US $, the US would get a massive trade surplus. Chinese and foreign companies are seeing profits collapse to keep exports competitive. There are whole cities built that stand empty, hundreds of empty skyscrapers. Despite the BS this is still RED (Soviet) China. The story ends the same...
@ForzaJersey Look around man, we have empty strip malls, skyscrapers AND whole cities abandon (Detroit). China is just beginning.
Sure it will take time to withdraw from US consumption, but I think because China holds the PRODUCTIVE capacity to adapt to new markets, it's to their advantage. Whereas, the US no longer has the capacity to produce our way out of debt nor the educational standards and system that cultivates innovation. China is just getting started like we were in the 40's.
@MrHenryt83 I would guess I've spent at least 100 times more time than you have in Asia. China is not remotely free. You think it is just because they've got Macdonald?
@MrHenryt83 If it's so free why do most of them want to escape? If it was free they could just leave. As it is now they're not even free to move around their own country.
the economy will go worse with the 2nd recession because of the ridiculous increase of taxes but its not "APOCALYPSE"! so what if China has a higher gdp than us (not yet) they have over a billon people! we are doing great per capita. i think this idiot exaggerates everything. i mean, well probably see this with india as more and more countries modernize. look at all latin america. its growing like crazy! America was #1 because it started a little earlier than everyone else. but dont overdo it
Heres history, in 1946 our national debt was much higher then now,121% ..debt actually larger then GDP...I was born in 1946 so I was supposed to have pay that debt off...did I ?...No. the 1950's and 1960's boom times wiped it out before I ever hit the work force..probably same as today...
We are not here to delve into our little personal matters, We are part of a socio-historical evolution of PRIVATE PROPERTY DOMINATION over LIVES of immense humanity. the WAGE SLAVERY or MONETARY SERFDOM is TOTAL . Capitalism, whether State Dictatorsip of Chinese modality or USA Corporatism is tyrannical,destructive,dehumanising and causing so much needless suffering for all living on our beautiful Earth. Capitalism is Profit versus Life, Greed over Harmony ,Peace versus War
There isn't a bubble when they save 1/4 of their incomes. Economic bubble is created by overspending and unable to pay debts, aka Iceland and Greece financial crisis and US subprime mortgage crisis.
@Isreal4realz Not exactly the language I would expect an attorney to use to a person he doesn't even know. Anyway you're wrong on two counts.
1/ I'm probably as well qualified as you albeit in a different field. So I'm not a retard.
2/ If I choose not to buy Chinese goods because of their humans rights record, invasion of Tibet, dislike of communism or the fact that everthing they make is crap and made by virtual slavery it is my perogative and I implore others to do the same.
Within another 5 years, China will have an entire US in population growth. What makes you think they need us to consume their shit?
They're going to have another 300 million people to consumer their own shit. Given China owns 2 trillion dollars more of us than we own of them, I'm guessing, they're going to let their long term US bonds mature and call it quits on buying more. They plenty of robust economics happening all over the world and we're no longer invited to the party.
@Luvanicebum Yeh it doesn't look good. Still every dog has it's day and it can't last forever. Or as they say in China,"Every dog has it's day as dinner."
@Xenthoid If China floated their currency they wouldn't be able to export so much. As for selling more to their own citizens you would think the Chinese people above anyone would know better than to buy the shit they make. Then again as imports are severely restricted they don't have much choice.
@mrdiscus66 How small is your brain? like really.... Do you really think that the U.S. will start production of low cost goods again? The answer is NO, you dumb fuck. Stop living in the past!
@MixMeAdrink Ur so polite u must be Chinese. USA and West in general will have to start producing goods again cos they're so much in debt they can't afford to keep importing Chinese shit. They won't be low cost but they won't be low quality either. They should just ban Chinese goods until murdering commie chinese gov. falls and China gets out of Tibet anyway.
@mrdiscus66 First of all, you're not even American so your opinions is irrelevant. Secondly, your suggestions is not even remotely possible. If moron like you thinks that it really as easy as you say to stop Chinese imports and dismantle the WTO then you have much to learn. Last be not least I guess everyone in your tiny brain is Chinese and apparent all Chinese are the worst at everything. All I have to say to that is go read the news, see where China is ranked today compare to 10 years ago.
@mrdiscus66 Donald Trump has not always been my favorite of personalities, but undeniably does business all around the world & continues for yrs 40 yrs , one of the most successful businessmen in the world going back to the Kennedy days. The US is a business, This video speaks volumes on Obama if he were not a politician, he would probably starve. Trump on Obama, China, OPEC and more
@mrdiscus66 Donald Trump has not always been my favorite of personalities, but undeniably does business all around the world & continues for yrs 40 yrs , one of the most successful businessmen in the world going back to the Kennedy days. The US is a business, This video speaks volumes on Obama if he were not a politician, he would probably starve. Trump on Obama, China, OPEC and more
@mrdiscus66 Impossible. Americans love money, more than anybody in the world. There's nothing wrong with tthat, but this makes them buy cheaper chinese goods and more: produce their OWN products THERE, due extremely cheap costs of manufacturing...
Well my friend, is a vicious circle... unfortunelly US is drinking his own poisoned water. But nevermind, just continue listen to hip hop 24/7, printing more and more money and consuming and soon will be ok...
@mrdiscus66 There's no good option. The truth is: China does better capitalism than U.S, for most unbelievable this seems. Stop buying/manufacturing with China isn't an option, or YOU (an american) will work to a american company for 350-450 U$/MONTH? I dont think so. You and nobody else in US.
To avoid recession, inflation and total crash, the only option is RECONSIDER half century of TERRIBLE politics of relationship with other countries (especially Lat. Am. treated like trash since 50's).
@ProphetLuong If that were true, your whole house, with all its electronics and furniture would be falling apart around you. Think about all the things that you have that are made, at least in part, in China, rethink your statement, then speak something more than half intelligent.
Capitalism, Corporate or State dominated or In It together is the wage slavery of immense humanity for abstract process of Capital accumulation and concentration for the elite, 250 top corporations control over 1/3 of the world GDP. More than 3 billion workers are on 2 dollars a day. Capitalism is template of perpetual war,oppression,enviornmental destructions,animal cruelty and suffering, A dehumanising distorting minority imposition in thier inatiable drive for ever more Profit no matter what
Beck knows how to sell books and himself - as per the Forbes article on his money making machine. What he does not know is the basis of the recovery and the China economy. China is now building plants in the U.S. See the Fortune cover story this week - with Mao on the cover. China has a larger car market than the U.S. and is spending a Billion dollars a month on new roads. The U.S. currency and bond market relies on China to prop up the markets and keep rates down.
@89yy98gt89 The trade deficit is because chep lazy people like you want Walmart junk for next to nothing AND the worthless S.O.Bs in D.C gave yes gave our jobs to other countrys with the lie of "FREE TRADE"!!
who buys the stuff china make??? ye go to wall mart and pay 10x times money for the same cash.. who buys chinas crap?? chinese middel class is on 400million next year. maybe some of them will buy it dont you think?--.-
Your Constitution gives Cogress a license to steal wealth from your grandchildren, but many Americans don't know that. It is the second power of Congress "to borrow money on the credit of the United States" - you the people. If the people want to take back their country, this power of Congress must be taken away by an amendment to the Constitution, because it is the supreme law of the land. It can only be changed by an amendment.
God, I just watched this vid. China is kind suffering the Financial Bubble especially the housing bubble. Our government reduced buying the debt this year because we can not afford that much. Also the Obama government wanna us rise the current exchange rate, and our net export is keeping down, as a result, our government saving is running away. So, all in all, the Obama government is definitely doing something that make both countries worse.
Glenn Beck's show... no wonder this kind speculation. no... one reason why we are less willing to purchase US treasuries is because the dollar continues to weaken and the value of our holdings of US treasuries thus continue to depreciate. and 'chinese economic growth slowest in 7 years'. well obviously when the economy relies much on exports to the gluttonous US, among other nations. our GDP growth rate is back above 10%, thanks PARTIALLY to our stimulus
first of all, we MUST reduce spending (even military, may it be)....our healtcare system is shot and Social security will run out of money within 6 years....live with our means, even if our standard of living does down
A bubble is an economic boom or nominally boosted destination for Ziobanker money created out of NOTHING. The American people are the ones who tolerate this kind of lawlessness here. The Chinamen there...
In simple terms it is when an asset is trading on the market for more than it is worth. The Nasdaq and our current housing bubble are excellent examples of huge bubbles that burst.
God forbid I hope they don't talk our dumb bleeps into buying it in Canada. They are already trying to talk our bank into buying wallmart. We are finished if you are
theproblem is to being patriotic to begin with. Why this problem is a global problem is over to much spending and to much debt because of greedy greedy people all over the world. If it is a politician it doesn't matter how you spell it it will not tell you the truth period. He is right!
Bla, Bla Bla all this crisis happened beacause the american government printed too much money. When money are not tied to the gold reserve countries have to print as much money as they can assure a constant flow of goods inside that country and and also import - export flows but should not print more than that. Well, american factories which produced good quality goods and assured that the employees would be also the customers, so
@75649674 You hit it right on the head. Flooding the market with dollars including the stimulus package will create hyperinflation just like Germany before WWII, Zimbabwe and Argentina.
you can have a constant and durable cycle in which the aim is stability and welness for its inhabitants, well, theese factories closed because greedy importers and factory owners 'closed the shop' , but people continued to buy the same things they used to buy before, only now theese products were made in another country. So sending money abroad in trillions (including oil) decreased the buying power of the dollar so the governement had to print more to save the situation for some years and cover
up all the iresponsability. When that happens your dollars can not buy anymore the same frying pan "Made in China" (bar codes: 690-to 695 ) and people start buying less goods and then you have global crissis. So responsable for this are greedy and corrupt governements which favor the merchants and disfavor the people not knowing that those merchant will soon fail since nobody buys their goods => economic crisis for all merchants and factories and death of the people. Start protesting people!!!
Although China has a far less likelihood of collapsing compared to the US, the main risks in their economy is the $550B plus in Non-Performing loans of their banks aside from the overcapacity of their manufacturing sector. There's also a lot of "ghost" projects in China like the biggest mall in the world which is practically empty of both shoppers and stores, entire real estate projects the size of an average city in the US with no one living there, skyscrapers with no occupants etc.
A lot less likely? Prices for real estate THIS January went up 9.7%, the local governments are borrowing TRILLIONS to finance their real estate bubble.
I guarantee by year end their collapse will be just as great as ours if not worse, just wait and see. Speak to a Chinese person about their property values and you'll understand. The whole house of cards is starting to collapse now.
the media is important because democracy is important and people need to know what is really going on ?Looking only at the civilian population of 237 Million, with 138 Million working that's a 41% overall not employed rate where 99 Million eligible workers are not employed. Consider that the 138 Million are supporting the US population of 305 Million.hyperinflation,tax revenues disapearing ,some recovery ?this is not what the media is telling you ,so what about democracy ?
They can't take away the fact that you're a fucking faggot....They can't take away the fact that I eat my own shit and then puke it up and use that as lube when I jerk off into my mouth....
Wrong reasons in this video, but I think the Chinese economy will colase due to artificial inflation at break neck pace. For instance, China's economy is based largely on exports mainly due to western nations like America, yet while our countries were in a recession the Chinese GDP rose faster than it did since 2007. Clearly this has beed due to an artificial glut of cash onto to chinese economy in order to spur growth and not have manufacturing collapse.
China hopes that this will just be a temporary feature of the economy while they wait for the Americans to go out and start shopping again, however it seems as though consumer credit is just getting harder to find, more consumers are afraid to spend money on unnecessary purchases, etc. Meanwhile American companies are becoming skittish on the whole chinese investment thing, and are trying to save face by saying that they're leaving China due to moral pride, like Google.
Well heavens, what would become of our two massively overfunded misadventures into the middle east and our tax cuts for the rich? What to do, what to do?
Perhaps a jump back onto the gold standard is due...
China has a surplus in their economy. They saved a LOT unlike Americans. They spend their money on developing infrastructures and buying up commodities in Asia, Africa, Australia, and the Americas.
The Americans on the other hand spend their borrowed money on plasma TVs, SUVs, camcorders, etc.
China has a trade surplus over the US and many other countries. Chinese spending ways are generally frugal compared to Americans.
China's surplus won't last. The US had a huge surplus under Clinton, and now it's gone. China's growing middle class is consumption-driven. They will eventually
copy the US and live beyond their means, too. Meaning eventually China will start
running trade deficits to fuel domestic consumption.
China has a surplus for now. It won't last. Here's why. Wages are rising fast in China. This causes Chinese exports to be more expensive, meaning that their
exports will drop. When this happens, a trade imbalance will develop, which will
be further aggravated by increasing Chinese consumption as the middle class
expands. Even as we speak, China is outsourcing much of its labor. Even as we speak, manufacturing is returning to the US because shipping and labor
@tacotony24 The question is not how China will fare economically which they are doing exceptionally well, but the how succesful they will be politically; which is a different story.A growing middle class and educated young population in a country like China means the beginning of end of the regime.
@drfan2004 lol do you know how many young Chinese university students are disparatly joining the CCP? We CHinese dont believe in your mumble jumble freedom stuff. we will have a just society when everyone is educated with good moral standards and intentions not some shitty first amendment written on a piece of papper.
And? Most Chinese exports to the US, the majority is of Chinese currency reserves is in Dollar. Morever since the financial crisis, China's real debt to GDP ratio is about 70% and it has a bubble.
really informative and interesting
smuggecko 4 days ago
i enjoyed this vid
ttwilkable 6 days ago
really informative and interesting
prchecker 1 week ago
china grew at over 9% how is that heading for a recession?
jordler 2 weeks ago
@jordler
During my 6 years in China (2004-2010) my Chinese girlfriend worked for the Department of Statistics. The stories she told me!!
If ppl outside China had ANY idea how completely corrupt and fake the statistics coming out of China are, they wouldn't put their money anywhere near it!
PabloJalan 2 weeks ago
I was getting scared listening to this. Then I realized this was Fox News. Now I´m calm again :P
Stupidhead85 3 weeks ago
lol lol china bunch of noobs buy are debt and we take your ping pang and u no get money china woo hoo
Joedirty47 1 month ago
@Joedirty47 the neck is really red on this one!
pplla78 1 month ago
Although China is assumed to take over as the world largest economy in 2016 (by PPP GDP) or in 2030 (by nominal GDP), its not enough resources for that to happen. China has a billion people, for all of them to own a car and consume as mush as the Western people do, we need to find 15-20 more Saudi Arabias to pump more oil into the world production. Instead, the opposite will happen, both Russia and Saudi Arabia, the two biggest oil exporters in the world, will soon start to deplete.
sangolt88 2 months ago
@sangolt88 USA GDP now is in nagative, means,Not even enough to cover 14.3 trillion GDP amount, China in fact already surpass america today.
China just started, now at $6000 ur per person , if this double in 4 years multiple by 1.3 billion.
No wonder the IMF stated China' estimate GDP is $123 trillion, nearly double z world combine
Chinese green energy now taking the lead
energyalt56 2 months ago
@energyalt56 I don't know where you get your numbers, but those 'magic' numbers are very false.
Its estimated the US growth is to settle at around 2.4% in 2011. China will drop from a 9% to an 8%.
Chinese nominal GDP per person is i 2011 at $4,400, USA at $47,600. More than TEN TIMES as much.
2011 Chinese GDP: $5.9 trillions, USA: $14.6 trillions.
China will never reach USA.
sangolt88 2 months ago 4
@energyalt56 lol dude put the crack pipe down china builds empty citys to raise there gdp most of there workers dont even earn 5000 a year they will never compete with USA sure they make crap product's that are cheap and companys buy them so they can make billions off them there gonna bust soon give it a few years by 2020 they will be begging for handouts
Joedirty47 1 month ago
@sangolt88 Did u know that the largest oil deposits in the world are in america and yeah china's goverment wastes more money then any goverment does there on a path to crumble soon
Joedirty47 1 month 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
China practices capitalism with one comunist party dictating its destiny.
theo1001 3 months ago
@theo1001 same with the USA. They just pretend to be a two party system but it's just to confuse the people into thinking they have a choice
undeadpresident 3 months ago
this is fuckin unbelievable, the fed buying the debt that it's issuing? WTF is going on with this country
HollywoodSheen 4 months ago
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My cousin Beppo knows all about this shit! He went over to China looking for hookers and he found tons! He blew 3 million buck on this asian chick who was on steroids and had big tits!!! She fucked him around the clock for 4 months straight. I think he took her out for sushi one night, and then they went to a ski resort and fucked on the bunny-slope. He pulled a carrot out of her ass! Beppo may not be much of a man....but he gave it to her Greek Style and made 20 bucks doing a porn. Go BEPPO!!!!
chefshitpiece 4 months ago
Some american r lost sense of judgement. right & wrong, 1.3 billion ppl, every 3 month need a large new city, no such thing as housing bubble, with 60% down payment is required in China to buy a 2rd house
Unlike USA at only 15% downpay,, China has 3.4 trillion in reserve(extra), they can adjust easily.
Media is disgusting, always one side bias story, blame others, bully China? take your consequances
energyalt56 5 months ago
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it will get better.
omega4chimp 5 months ago
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 propaganda,
energyalt56 5 months ago
@energyalt56 Actually, Chinese GPD is only one third of the US and will probably never surpass the Americans.
sangolt88 2 months ago
This Dollar Collapse is an Encoded message by the Secret Society ---
Actually Dollar Collapsed Long Long Long ago ----
This is about time the Combination of Collapse --- Secret Societies are getting Tired and Bored of Collapsing just one Gaint Bubble or Scam
Now its a Combination of Gaint Collapses
Oil
China
Gold
Silver
Catching my Drift YET ----- ????
watup2154 5 months ago
Tour is Over ---
Native Americans must Claim back their Country from White European Tourist
watup2154 6 months ago
@watup2154
Wrong.... its the Yellow Chink tour of TIBET that's OVER.
You don't see Native Americans SETTING THEMSELVES ON FIRE because they're the most benefited ethnic group in the U.S.
Tibetans, Uyghurs and Mongols on the other hand, utterly DESPISE the Chinks.
PabloJalan 2 weeks ago
stop talk so much who is right or wrong talk is useless start working hard nothing will come easily, just like sport t to win have to work very hard do your best
charles789789 7 months ago
true countries does not last forever, but people do. most of you is building the country but not the people. many people around the world studying English. what does American study ? nothing, why ? because they already speak English. They do not need to learn anything new, no need to compete anything new, because they know that people around the world will come to them. not other way around.
moistfaucet 7 months ago
with china owning the US economy for next 30 yrs maybe a U.s. pesident by 2030 would be a chinese..... : > )
Einstien1879 7 months ago
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ec97531 7 months ago
If china stops buying our debt then we can't buy their products meaning a lot of factories are going to close. A lot of people get thrown out of work in china that combined with no safety net meaning more protests and political instability.
redwhitedude 7 months ago
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The US announced bankruptcy in 1933 and again in 1973. The FRBNY received $8;4 trillion from the auctions of T-securities last year but it is not reported as income. It was profit for the Fed. The Ponzi scheme Fed receives the value of every T-security issued by Congress. Why is this not reported to Congress as required by Title 12, section 247 for a “full report”? Ref. 3w scribd dot com message 49040689 RIP OFF BY THE FEDERAL RESERVE
oldereb38 8 months ago
China property will sell like hot cakes in a year or two.
And the buyer are all foreigner specially the rich and smart one. Here is the secret and china is so far ahead in their planning.
Secret reveal:
When american dollar gone belly up next year the rich and & american will buy up all these property and move into these chinese cities to live there.Your welcome
Chaos in america & rich are being kill by the poor in america and china is their safe haven.
so hurry up make you booking
sabahmail 8 months ago
@sabahmail I think you're right, there's a brand new city in china that suits 20 million people, but nobody lives there yet.
000Winter000 5 months ago
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In all this game, the devil is the victim, is the scapegoat, will be acused of everything cause the GOD don’t want any rivals*. Conclusion: live at the full in the freedom of GOD (praying in a right form,following the INSTRUCTIONS in the Bible - keeping the 10 commandments - including keeping the Saturday as the 7th day etc.) instead of in the incapacity and limited power of devil cause he is just a temporary puppet.
diptdipt 8 months ago
fack you glen
hitlerytu 8 months ago
Fox News propaganda
sonnyjimslim 9 months ago
You know why USA has financial problems? Because they have too many idiots and so called analysts who are living in Wallstreet.
markshen1985 9 months ago 5
Here's the deal folks-- China is still behind the U.S. and the West but is catching up fast. The age of the West murdering, stealing from, colonizing, enslaving, raping, and just basically keeping the rest of the world down is coming to an end. This is what keeps snowflakes up at night. Snowflakes are TERRIFIED at the thought of losing their grip on power. Well best you get off the tracks snowflakes, cause the freight train is coming through!
MrIronMikeDaddy 10 months ago
@MrIronMikeDaddy China joined the game too late.
beastinblack 5 months ago
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Here's the deal folks-- China is still behind the U.S. and the West but is catching up fast. The age of the West murdering, stealing from, colonizing, enslaving, raping, and just basically keeping the rest of the world down is coming to an end. This is what keeps snowflakes up at night. Snowflakes are TERRIFIED at the thought of losing their grip on power. Well best you get off the tracks snowflakes, cause the freight train is coming through!
MrIronMikeDaddy 10 months ago
Who is this guy ??? the usa and uk are broke ?? we cant pay our national debts.
Full stop, whats there to talk about, but face world global collapse.
Well done china, you were reponsibly and we were greedy, corrupt and incompetent.
kingwaldo100 10 months ago
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Next Bubble or not?
socialmedianextdotcombubble.blogspot.com
tcclark9 11 months ago
hi
tcclark9 11 months ago
Oh My Good God did you all just hear that? We just printed 2 Trillion Dollars because China DIDN'T buy our debt.
You know what that means? Inflation! Its like asking everyone in the US pay a tax to the Fed because for every dollar we have, the Fed took a small portion of it!
I don't want to sound condescending but Please, go to a community college and take a Economics course. it'll help you all in the long run.
Crimsonsword88 11 months ago
@Crimsonsword88 While that may seem the simple answer, it is far more complicated. As the U.S. is not seen as exactly the investment hot spot right now, the money that is printed does not stay in the economy. Therefore the inflation remains low or non-existent. The capital is instead flowing into emerging economies which cause them to inflate. We're exporting inflation at the moment.
bplturner 9 months ago
Do these guys ever get sick of being wrong? Wrong about inflation, wrong about interest rates, wrong about a double dip recession, wrong on the deficit. Moore said Bush would be great for the economy, now he's afraid of debts- and apparently, according to this video, does not understand monetary policy.
hoodoo961 11 months ago
"whelll, let meh see yar pay stuuuubs"
sfsTrader 11 months ago
Hey, is this the clown who constantly gets laughed off of Bill Maher's Unreal Time show?
Tippersnore 1 year ago
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Resource Based Economy / Google it / Problem solved. Build things to last, not break after 1 year warranty. Like my I-phone that's just getting slower and slower and slower (WTF). Do without the Monetary system, It doesn't work any more. Scarcity, Violence, Hunger. Too many people fighting against each other and not working together.
It's really NOT that hard to comprehend, Its a better world when we imagine it and take 1 step forward. :)
LETS DO ET! I know I'm trying :)
SirVaughnElric 1 year ago
Overall the worlds economy is a shithole
NinjaSpartanThe 1 year ago
Oh yeh China is ranked no 1 for human rights. It's such a nice place that millions of people are trying to sneak in illegally. Lmao. If they had the freedom 99% of the Chinese population would leave.
mrdiscus66 1 year ago
@mrdiscus66 Is the UK ranked number 1 for human rights? No. Are they currently broke and are trying to seek business deals with China? Yes. Is the UK raising tuition fees so that they can reduce their huge budget deficit? Yes. Is the UK perfect? NO!
MixMeAdrink 1 year ago
GABBAGE !
Stupid !
WeiPan88 1 year ago
GABAGE !
WeiPan88 1 year ago
Isn't the Fed the largest holder of U.S. debt?
SmellyJunkie 1 year ago
@onecoolgreek Only on paper
lonedove1981 1 year ago
@onecoolgreek OMG THATS TRUE.
Joshy51112 1 year ago
this is a joke that china is even buying debt from US in the first place, its hard-earned money from the chinese people, and china are hard savers, imagine it all spent on Money printed on thin air by the FED, it just dont make sense.
MakeMillionsFast 1 year ago
What the man is trying to tell is that US will become slaves of the Europe, Asia and Rusia....It is inevitable..
efadrian 1 year ago
I am looking at the calendar of your presentation here and it appears that your calculator is running late... Now. I am one of the people who has leaned very hard on your recent interpretations...Is it time now that should I start concluding that you may not have all the aswers to this status..??
OLDERBLUE 1 year ago
countries dont last forever ^^
heavymusic1scool 1 year ago 15
@heavymusic1scool
Inclusive USA ;)
razorer111 1 year ago
@razorer111 yeah usa are first to go
heavymusic1scool 1 year ago
@heavymusic1scool China, been going for 5000 years and stronger than ever! 5000 years IS practtically forever in terms of human civilization timelines.
EducatingEli 10 months ago
@EducatingEli China has not been going for 5000 years you dumbass. Sino civilization may have but China as a nation state is younger than the US.
njdevil281 10 months ago
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@heavymusic1scool 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
"The End of Prosperity", how sad, the artificial economic prosperity of the 20th Century is over, we are all too late :( LoL
prozrachno 1 year ago
It was said China dismantled their Nukes.? I heard this in an interview. Is their video of this anywhere.?
I can't find the piece where it said so.
Snowman374th 1 year ago
this monetary system is fucked!
we need a NEW system --- Equal Money System ---> Investigate
JoaoJesusHere 1 year ago
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pursuit of capitalism or mercantalism. call it what you want we need limited, very limited government. we need more freedoms, more personal freedoms, less taxes, no taxes, stop spending, in theory that period of america when gold was set at 21.00 dollars per oz for 100 years profuced our greatest prosperity. government only has to defend nation and keep things fair. nothing else.
Rico8458 1 year ago
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maybe the new TEA Party will do it and save america. there is no reason why we have to be taxed. gov is too big, they need to cut back, stop entitlements, only ones who have a right to money are veterans. they need to stop discretionary spending too. let us keep our tax money. only vote for candidates who swear to cut taxes, but when they get in there they do the opposite so we need recall laws to get them out. stop the foreign born alien immigration nightmare, stop the wars, stop spending
Rico8458 1 year ago
There's no bubble in China. Not a bubble as we call it.
Perhaps a hiccup in there growth as they digest all their losses from investing in us.
All they have to do is, ease their rate for borrowing.
Chinese citizens have a 40% savings rate. 40% for a house, 40% for a car...etc.
All they have to do is require 30% down for major purchases and
that will get that economy rolling like wildfire.
Same goes for Energy independent Brazil, India and Commodity rich
Canada.
Luvanicebum 1 year ago
@Luvanicebum China is a bubble. most of their economy is exporting and developing real estate. If the Yuan was strengthened to parity with the US $, the US would get a massive trade surplus. Chinese and foreign companies are seeing profits collapse to keep exports competitive. There are whole cities built that stand empty, hundreds of empty skyscrapers. Despite the BS this is still RED (Soviet) China. The story ends the same...
ForzaJersey 1 year ago
@ForzaJersey Look around man, we have empty strip malls, skyscrapers AND whole cities abandon (Detroit). China is just beginning.
Sure it will take time to withdraw from US consumption, but I think because China holds the PRODUCTIVE capacity to adapt to new markets, it's to their advantage. Whereas, the US no longer has the capacity to produce our way out of debt nor the educational standards and system that cultivates innovation. China is just getting started like we were in the 40's.
Luvanicebum 1 year ago
@mrdiscus66
Go see the world out there and do research
Travel around Asia then you get whatn I'm saying
MrHenryt83 1 year ago
@MrHenryt83 I would guess I've spent at least 100 times more time than you have in Asia. China is not remotely free. You think it is just because they've got Macdonald?
mrdiscus66 1 year ago
China is not a communist country anymore. It's pretty much free
MrHenryt83 1 year ago
@MrHenryt83 If it's so free why do most of them want to escape? If it was free they could just leave. As it is now they're not even free to move around their own country.
mrdiscus66 1 year ago
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"you know what? we are gonna be mexico!" lol
justinktang 1 year ago
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"you know what? we will be mexico!" lol
justinktang 1 year ago
the economy will go worse with the 2nd recession because of the ridiculous increase of taxes but its not "APOCALYPSE"! so what if China has a higher gdp than us (not yet) they have over a billon people! we are doing great per capita. i think this idiot exaggerates everything. i mean, well probably see this with india as more and more countries modernize. look at all latin america. its growing like crazy! America was #1 because it started a little earlier than everyone else. but dont overdo it
MexicanKukyMonster 1 year ago
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uh, for the REAL look at China, search youtube for:
viralvarmint china will destroy us
ViralVarmint 1 year ago
uh, for the REAL look at China, search youtube for:
viralvarmint china will destory us
ViralVarmint 1 year ago
Heres history, in 1946 our national debt was much higher then now,121% ..debt actually larger then GDP...I was born in 1946 so I was supposed to have pay that debt off...did I ?...No. the 1950's and 1960's boom times wiped it out before I ever hit the work force..probably same as today...
bellcord 1 year ago
It won't be as bad as mexico. But it will fall from superpower status.
Esoparagon 1 year ago
Steven Moore knows what the truth is.
mja2035 1 year ago
Hahahah but that's exactly what banks do... create money out of debt...lol
moqutpar 1 year ago
We are not here to delve into our little personal matters, We are part of a socio-historical evolution of PRIVATE PROPERTY DOMINATION over LIVES of immense humanity. the WAGE SLAVERY or MONETARY SERFDOM is TOTAL . Capitalism, whether State Dictatorsip of Chinese modality or USA Corporatism is tyrannical,destructive,dehumanising and causing so much needless suffering for all living on our beautiful Earth. Capitalism is Profit versus Life, Greed over Harmony ,Peace versus War
arzoyan 1 year ago
china rules
berguss22 1 year ago
6 months later these two look like the dickheads they are...
bellcord 1 year ago
There isn't a bubble when they save 1/4 of their incomes. Economic bubble is created by overspending and unable to pay debts, aka Iceland and Greece financial crisis and US subprime mortgage crisis.
henryfranklynn 1 year ago
Burst the Chinese bubble and stop buying the shit that China makes.
mrdiscus66 1 year ago 23
@mrdiscus66 stop exporting terrorists u fuckin paki
hchi9 1 year ago
@hchi9 You might have a point if I was a Paki or I exported terrorists. As it is you're just a foul mouthed and ill educated racist.
mrdiscus66 1 year ago
@mrdiscus66 it's not that simple you simplemind
no wonder we are in this crisis, because of simplemind retards like you
Isreal4realz 1 year ago
@Isreal4realz Not exactly the language I would expect an attorney to use to a person he doesn't even know. Anyway you're wrong on two counts.
1/ I'm probably as well qualified as you albeit in a different field. So I'm not a retard.
2/ If I choose not to buy Chinese goods because of their humans rights record, invasion of Tibet, dislike of communism or the fact that everthing they make is crap and made by virtual slavery it is my perogative and I implore others to do the same.
mrdiscus66 1 year ago
@mrdiscus66 I think you're on to something!
Loejyrrab 1 year ago
Within another 5 years, China will have an entire US in population growth. What makes you think they need us to consume their shit?
They're going to have another 300 million people to consumer their own shit. Given China owns 2 trillion dollars more of us than we own of them, I'm guessing, they're going to let their long term US bonds mature and call it quits on buying more. They plenty of robust economics happening all over the world and we're no longer invited to the party.
Luvanicebum 1 year ago
@Luvanicebum Yeh it doesn't look good. Still every dog has it's day and it can't last forever. Or as they say in China,"Every dog has it's day as dinner."
mrdiscus66 1 year ago
@mrdiscus66 then if the chinese let their currency float.. their own citizens will buy their products...
Xenthoid 1 year ago
@Xenthoid If China floated their currency they wouldn't be able to export so much. As for selling more to their own citizens you would think the Chinese people above anyone would know better than to buy the shit they make. Then again as imports are severely restricted they don't have much choice.
mrdiscus66 1 year ago
@mrdiscus66 You and most Americans are too poor to stop buying Chinese products.
MixMeAdrink 1 year ago
@MixMeAdrink I'd rather do without than buy your shit. Meanwhile why don't u fuck off back to China if it's so good. PS I bet I'm richer than you.
mrdiscus66 1 year ago
@mrdiscus66 Educate yourself you fool.
MixMeAdrink 1 year ago
@MixMeAdrink Go back to China to grow rice or make shit if it's that good.
mrdiscus66 1 year ago
@mrdiscus66 How small is your brain? like really.... Do you really think that the U.S. will start production of low cost goods again? The answer is NO, you dumb fuck. Stop living in the past!
MixMeAdrink 1 year ago
@MixMeAdrink Ur so polite u must be Chinese. USA and West in general will have to start producing goods again cos they're so much in debt they can't afford to keep importing Chinese shit. They won't be low cost but they won't be low quality either. They should just ban Chinese goods until murdering commie chinese gov. falls and China gets out of Tibet anyway.
mrdiscus66 1 year ago
@mrdiscus66 First of all, you're not even American so your opinions is irrelevant. Secondly, your suggestions is not even remotely possible. If moron like you thinks that it really as easy as you say to stop Chinese imports and dismantle the WTO then you have much to learn. Last be not least I guess everyone in your tiny brain is Chinese and apparent all Chinese are the worst at everything. All I have to say to that is go read the news, see where China is ranked today compare to 10 years ago.
MixMeAdrink 1 year ago
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@mrdiscus66 Donald Trump has not always been my favorite of personalities, but undeniably does business all around the world & continues for yrs 40 yrs , one of the most successful businessmen in the world going back to the Kennedy days. The US is a business, This video speaks volumes on Obama if he were not a politician, he would probably starve. Trump on Obama, China, OPEC and more
onstageagain 1 year ago
@mrdiscus66 Donald Trump has not always been my favorite of personalities, but undeniably does business all around the world & continues for yrs 40 yrs , one of the most successful businessmen in the world going back to the Kennedy days. The US is a business, This video speaks volumes on Obama if he were not a politician, he would probably starve. Trump on Obama, China, OPEC and more
onstageagain 1 year ago
@mrdiscus66 Impossible. Americans love money, more than anybody in the world. There's nothing wrong with tthat, but this makes them buy cheaper chinese goods and more: produce their OWN products THERE, due extremely cheap costs of manufacturing...
Well my friend, is a vicious circle... unfortunelly US is drinking his own poisoned water. But nevermind, just continue listen to hip hop 24/7, printing more and more money and consuming and soon will be ok...
ThyMiguez 1 year ago 2
@ThyMiguez Yeh you're right but if they carry on like this they won't be able to afford cheap Chinese shit.
mrdiscus66 1 year ago
@mrdiscus66 There's no good option. The truth is: China does better capitalism than U.S, for most unbelievable this seems. Stop buying/manufacturing with China isn't an option, or YOU (an american) will work to a american company for 350-450 U$/MONTH? I dont think so. You and nobody else in US.
To avoid recession, inflation and total crash, the only option is RECONSIDER half century of TERRIBLE politics of relationship with other countries (especially Lat. Am. treated like trash since 50's).
ThyMiguez 1 year ago
@mrdiscus66 I TOTALLY AGREE!!! china still makes the world's crappest products that fall to pieces within 3 days. LOL!!!
ProphetLuong 11 months ago 4
@ProphetLuong If that were true, your whole house, with all its electronics and furniture would be falling apart around you. Think about all the things that you have that are made, at least in part, in China, rethink your statement, then speak something more than half intelligent.
gobipill 10 months ago
@ProphetLuong And American are loving it. at lest that all i can afford right now. lol
sad
pplla78 1 month ago
どこの国でも同じですが、経済に関してコメントしてる人は、大抵当てになりませんな。当たったためしがない！。
19750726 1 year ago
Capitalism, Corporate or State dominated or In It together is the wage slavery of immense humanity for abstract process of Capital accumulation and concentration for the elite, 250 top corporations control over 1/3 of the world GDP. More than 3 billion workers are on 2 dollars a day. Capitalism is template of perpetual war,oppression,enviornmental destructions,animal cruelty and suffering, A dehumanising distorting minority imposition in thier inatiable drive for ever more Profit no matter what
arzoyan 1 year ago
china will never burst it will explodeee!
lablask 1 year ago
who the fuck u white guys blamin ?
cahoon9252 1 year ago
Beck knows how to sell books and himself - as per the Forbes article on his money making machine. What he does not know is the basis of the recovery and the China economy. China is now building plants in the U.S. See the Fortune cover story this week - with Mao on the cover. China has a larger car market than the U.S. and is spending a Billion dollars a month on new roads. The U.S. currency and bond market relies on China to prop up the markets and keep rates down.
JackBassbusinessteam 1 year ago
@JackBassbusinessteam My folowers , embrace me I am your Messiah
I am here to look at my sheep again for time has come as Isaiah said
All children of Israel shall come back home and the Messiah , me shall rebuild the Temple in Jerusalem.
I am here to bring stabilty, justice, aquality and peace to all mankind.
I am here to bring back my kingdom of David to Israel
I love you all, praise me your king and your Messiah Yoka Bony or simply King Yochanan I of Israel
Yochananable 1 day ago
Yochananable 1 year ago
whys glenn beck complaining. hes going to die a rich man no matter what
89yy98gt89 1 year ago
We are fed up with the fed. All hokus pokus.
MrFaroe5 1 year ago
china dont need us bcz us is poor
Sisomvox 1 year ago
Yes China can!! If the rest of the world is in trouble WHO buys the crap China makes? NO ONE!!
bohicaintheusa 1 year ago
@bohicaintheusa the country making crap is usa, thats why it has a trade deficit, because no one wants it.
89yy98gt89 1 year ago
@89yy98gt89 The trade deficit is because chep lazy people like you want Walmart junk for next to nothing AND the worthless S.O.Bs in D.C gave yes gave our jobs to other countrys with the lie of "FREE TRADE"!!
bohicaintheusa 1 year ago
who buys the stuff china make??? ye go to wall mart and pay 10x times money for the same cash.. who buys chinas crap?? chinese middel class is on 400million next year. maybe some of them will buy it dont you think?--.-
ulleule 1 year ago
@ulleule My folowers , embrace me I am your Messiah
I am here to look at my sheep again for time has come as Isaiah said
All children of Israel shall come back home and the Messiah , me shall rebuild the Temple in Jerusalem.
I am here to bring stabilty, justice, aquality and peace to all mankind.
I am here to bring back my kingdom of David to Israel
I love you all, praise me your king and your Messiah Yoka Bony or simply King Yochanan I of Israel
Yochananable 1 day ago
Yochananable 1 year ago
Yes China can!! If the rest of the world is in trouble WHO buys the crap China makes? NO ONE!!
bohicaintheusa 1 year ago
I like Glenn Beck & Steve Moore. They make sense to me.
mja2035 1 year ago
Your Constitution gives Cogress a license to steal wealth from your grandchildren, but many Americans don't know that. It is the second power of Congress "to borrow money on the credit of the United States" - you the people. If the people want to take back their country, this power of Congress must be taken away by an amendment to the Constitution, because it is the supreme law of the land. It can only be changed by an amendment.
RoySC1 1 year ago
God, I just watched this vid. China is kind suffering the Financial Bubble especially the housing bubble. Our government reduced buying the debt this year because we can not afford that much. Also the Obama government wanna us rise the current exchange rate, and our net export is keeping down, as a result, our government saving is running away. So, all in all, the Obama government is definitely doing something that make both countries worse.
MrAllanduck 1 year ago
Glenn Beck's show... no wonder this kind speculation. no... one reason why we are less willing to purchase US treasuries is because the dollar continues to weaken and the value of our holdings of US treasuries thus continue to depreciate. and 'chinese economic growth slowest in 7 years'. well obviously when the economy relies much on exports to the gluttonous US, among other nations. our GDP growth rate is back above 10%, thanks PARTIALLY to our stimulus
mathpianist93 1 year ago
@good2goski lower jobs? businesses closing down? what about tht,
there has to be a balance between savings and spending.
china is spending a little too much. I think the United states will eventually have to devaule their currency making euro the dominant currency.
rimmel10 1 year ago
burst the china real estate bubble, kill the evil communist party rule of china, free the people
lastmohicanfromchina 1 year ago
if they're seeing the collapse coming then they should take concrete measure and prevent it! why focus on the problem..lets talk about solution guys!
jetstar0000 1 year ago 6
first of all, we MUST reduce spending (even military, may it be)....our healtcare system is shot and Social security will run out of money within 6 years....live with our means, even if our standard of living does down
jw676 1 year ago
@jetstar0000 obviously faux news and friends dont want solution because they want to make obama and democrats look bad
ChairmanYin 1 year ago
why this guy act like ex clown, was he working for circus before?
dream2last 1 year ago
A bubble is an economic boom or nominally boosted destination for Ziobanker money created out of NOTHING. The American people are the ones who tolerate this kind of lawlessness here. The Chinamen there...
lividmany 1 year ago
Can someone please explain to me in simple terms what is a bubble?
chickenfeet2608 1 year ago
In simple terms it is when an asset is trading on the market for more than it is worth. The Nasdaq and our current housing bubble are excellent examples of huge bubbles that burst.
thebowlby 1 year ago
God forbid I hope they don't talk our dumb bleeps into buying it in Canada. They are already trying to talk our bank into buying wallmart. We are finished if you are
lucy9359 1 year ago
theproblem is to being patriotic to begin with. Why this problem is a global problem is over to much spending and to much debt because of greedy greedy people all over the world. If it is a politician it doesn't matter how you spell it it will not tell you the truth period. He is right!
lucy9359 1 year ago
Bla, Bla Bla all this crisis happened beacause the american government printed too much money. When money are not tied to the gold reserve countries have to print as much money as they can assure a constant flow of goods inside that country and and also import - export flows but should not print more than that. Well, american factories which produced good quality goods and assured that the employees would be also the customers, so
75649674 1 year ago 3
@75649674 You hit it right on the head. Flooding the market with dollars including the stimulus package will create hyperinflation just like Germany before WWII, Zimbabwe and Argentina.
Jossher700 1 year ago
It was Richard Nixon after the Vietnam war that said the american dollars will NOT be tied to gold reserve (known as the Bretton Woods Act).....
jw676 1 year ago
you can have a constant and durable cycle in which the aim is stability and welness for its inhabitants, well, theese factories closed because greedy importers and factory owners 'closed the shop' , but people continued to buy the same things they used to buy before, only now theese products were made in another country. So sending money abroad in trillions (including oil) decreased the buying power of the dollar so the governement had to print more to save the situation for some years and cover
75649674 1 year ago
up all the iresponsability. When that happens your dollars can not buy anymore the same frying pan "Made in China" (bar codes: 690-to 695 ) and people start buying less goods and then you have global crissis. So responsable for this are greedy and corrupt governements which favor the merchants and disfavor the people not knowing that those merchant will soon fail since nobody buys their goods => economic crisis for all merchants and factories and death of the people. Start protesting people!!!
75649674 1 year ago
la daa???,this is where OUR JOBS ARE AT,---HELL FUCKING-LOOOO!!!!!!!
nitrostang50 1 year ago
Although China has a far less likelihood of collapsing compared to the US, the main risks in their economy is the $550B plus in Non-Performing loans of their banks aside from the overcapacity of their manufacturing sector. There's also a lot of "ghost" projects in China like the biggest mall in the world which is practically empty of both shoppers and stores, entire real estate projects the size of an average city in the US with no one living there, skyscrapers with no occupants etc.
shaider77 1 year ago
@shaider77
A lot less likely? Prices for real estate THIS January went up 9.7%, the local governments are borrowing TRILLIONS to finance their real estate bubble.
I guarantee by year end their collapse will be just as great as ours if not worse, just wait and see. Speak to a Chinese person about their property values and you'll understand. The whole house of cards is starting to collapse now.
f252863 1 year ago
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the media is important because democracy is important and people need to know what is really going on ?Looking only at the civilian population of 237 Million, with 138 Million working that's a 41% overall not employed rate where 99 Million eligible workers are not employed. Consider that the 138 Million are supporting the US population of 305 Million.hyperinflation,tax revenues disapearing ,some recovery ?this is not what the media is telling you ,so what about democracy ?
spectre1929 2 years ago
more reasons to dump the shitty dolar
mikatan12 2 years ago
They can't take away the fact that you're a fucking faggot....They can't take away the fact that I eat my own shit and then puke it up and use that as lube when I jerk off into my mouth....
Dmac11a666 2 years ago
lol, let em know bro...free speech!
mikatan12 2 years ago
Damn straight.....lol
Dmac11a666 2 years ago
Wrong reasons in this video, but I think the Chinese economy will colase due to artificial inflation at break neck pace. For instance, China's economy is based largely on exports mainly due to western nations like America, yet while our countries were in a recession the Chinese GDP rose faster than it did since 2007. Clearly this has beed due to an artificial glut of cash onto to chinese economy in order to spur growth and not have manufacturing collapse.
ddhboy2 2 years ago
China hopes that this will just be a temporary feature of the economy while they wait for the Americans to go out and start shopping again, however it seems as though consumer credit is just getting harder to find, more consumers are afraid to spend money on unnecessary purchases, etc. Meanwhile American companies are becoming skittish on the whole chinese investment thing, and are trying to save face by saying that they're leaving China due to moral pride, like Google.
ddhboy2 2 years ago
Well heavens, what would become of our two massively overfunded misadventures into the middle east and our tax cuts for the rich? What to do, what to do?
Perhaps a jump back onto the gold standard is due...
stutwostep 2 years ago
ha ha ha ha
China collapsing??? China is not like the US
China has a surplus in their economy. They saved a LOT unlike Americans. They spend their money on developing infrastructures and buying up commodities in Asia, Africa, Australia, and the Americas.
The Americans on the other hand spend their borrowed money on plasma TVs, SUVs, camcorders, etc.
China has a trade surplus over the US and many other countries. Chinese spending ways are generally frugal compared to Americans.
tacotony24 2 years ago
china colaps what a joke.. china saved a lots of money ... you think chinese people are poor???... they might look poor but they all have millions.
ulleule 1 year ago
China's surplus won't last. The US had a huge surplus under Clinton, and now it's gone. China's growing middle class is consumption-driven. They will eventually
copy the US and live beyond their means, too. Meaning eventually China will start
running trade deficits to fuel domestic consumption.
cabraden1 1 year ago
China has a surplus for now. It won't last. Here's why. Wages are rising fast in China. This causes Chinese exports to be more expensive, meaning that their
exports will drop. When this happens, a trade imbalance will develop, which will
be further aggravated by increasing Chinese consumption as the middle class
expands. Even as we speak, China is outsourcing much of its labor. Even as we speak, manufacturing is returning to the US because shipping and labor
costs are continuing to rise.
cabraden1 1 year ago
@cabraden1 so the U.S. is becoming stronger because china is becoming weaker?
NinjaSpartanThe 1 year ago
@NinjaSpartanThe
No, not all all. Both countries are benefiting tremendously by trade. But it has to be on an even playing field.
cabraden1 1 year ago
@tacotony24 The question is not how China will fare economically which they are doing exceptionally well, but the how succesful they will be politically; which is a different story.A growing middle class and educated young population in a country like China means the beginning of end of the regime.
drfan2004 1 year ago
@drfan2004 lol do you know how many young Chinese university students are disparatly joining the CCP? We CHinese dont believe in your mumble jumble freedom stuff. we will have a just society when everyone is educated with good moral standards and intentions not some shitty first amendment written on a piece of papper.
obsidianstatue 1 year ago
@obsidianstatue we will see..prosperous and educated generations have a strange tendency to question their rulers..funny that isn't it?
drfan2004 1 year ago
This has been flagged as spam show
@tacotony24 My folowers , embrace me I am your Messiah
I am here to look at my sheep again for time has come as Isaiah said
All children of Israel shall come back home and the Messiah , me shall rebuild the Temple in Jerusalem.
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I am here to bring back my kingdom of David to Israel
I love you all, praise me your king and your Messiah Yoka Bony or simply King Yochanan I of Israel
Yochananable 1 day ago
Yochananable 1 year ago
@tacotony24
And? Most Chinese exports to the US, the majority is of Chinese currency reserves is in Dollar. Morever since the financial crisis, China's real debt to GDP ratio is about 70% and it has a bubble.
chrisblueworld 1 year ago