CRISIS REPORT: China Threatens to Collapse the US Dollar?!?! Part 3
Uploader Comments (Growby10)
Video Responses
All Comments (71)
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U.S.-Funded chinese Assistance Programs,is crazy when we are in debt trillions to china. WHEN ARE WE GOING TO WAKE THESE FUC*ER IN WASHINGTON UP??
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China's not communist lol
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@gsvkck For a country to run a deficit another one must run a surplus, basic economics and math dude. China has a surplus because the US has a deficit. Of course keeping the currency low gives them an advantage, just like keeping the US dollar cheap does. That is also why there are tons of imbalances in the world today. All I have to say is keep dreaming about the RMB going higher. BTW the RMB is still pegged to the USD. Read this - tinyurl . com / 293k5r4
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@dannydarias1 They are lenders which makes them a creditor nation. Credit based economy means you borrow to survive which is what the US is doing. I'm fully aware of the overbuilding in China. Those properties will sit empty for a while until they raise the earnings of their citizens. The one thing you're overlooking is their currency value. It is kept low as it gives them an advantage in world commerce. When their infrastructure are built, they will push for higher value on RNB.
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@gsvkck Are you kidding me? So they lend us over 1 trillion, yet their economy is not based on debt?? On top of that, the Chinese government forces, yes, it forces local authorities to create GDP growth. Just youtube "empty cities in China" and you will see what I am talking about. These cities are built for nobody to live in as long as GDP continues to grow at 10%+. When that house of cards falls, it will make the US look like a sissy boy.
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@dannydarias1 What kind of economic classes did you take? Their economy isn't based on debt based system like the USA. They have high savings and they are world largest lender which means while they work and lend their GDP grows as an amazing rate. The USA once had this moniker, but the tide is shifting. I am an American and this is just plain economic 101. I wish we could go back to be a producing country but sadly we import so much bs.
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This video is great. So China is the cream of the crop all of a sudden. I can't wait until their banks start collapsing pretty soon. I mean, forcing banks to lend?? That should not end well. China is in much worst shape than the US buddy. You will wake up pretty soon. It's them who will be coming to the US to ask for help. There, I said it. They will come to us.
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This guy doesnt know what his going on about.
When America owns China 1 million then its America's problem but when America owns china 1 trillion and counting it become China's problem .China will do what ever it can to help the us dollar stay in play because when it collapse . China wont be getting paid
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What if the US "Say NO! and disagree?" Where or when is part 4 coming?Does that mean war? I hope not. I am glad China,Iran,Russian can defend themselves and hopefully most Middle East nations don't end up like Iraq,bombed and erase all debts is US policies LMAO.
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to dealbaedgar: I'm with you. I started buying silver coins about 6 months ago.....and I am glad I did. The price of silver is rising. Gold is at an all time high but silver is not even close to its all time high...so a better deal. Also.....you can barter easier with silver coins of low denominations....like the 1964, 90% silver, John F. Kennedy half dollar. I bought $15,000 worth so far. I truly think this situation will be quite bad w/in 2 or 3 years
nwo superplan?
1 inflation
2 near dollar collapse
3 US Treasury buys $s with tiny bits of metal and food to make people happy and not war.
4 US economy hyperinflates with giant M0 supply.
5 As soon as 95% the $ are home, we simply license the new "oil" (tech) to our partner nations EU, Japan, India for creation and sale only in $.
6 US sits on side and runs security and admin.
Either way the $/fiat never dies.
btw there is no money only acceptance
grovernors 2 years ago
@grovernors- so what will happen to the the American people? Will the NWO want to rule over a 3rd world country? if they hyperinflation the dollar...wouldn't they be doing laying waste to the billions and trillions they plundered?
Growby10 2 years ago
The audio sounds really bad the last two videos growby10... It's so bad it gives me a headache.
vinayakaya 2 years ago
@vinayakaya- I know..it's driving me nuts to. I'm working on a solution. thanks for your comments..things will improve.
Growby10 2 years ago