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Chinese confidence in the CCP has plummeted because of lockdowns and subsequent economic and flooding problems this summer when Xi ordered the flooding of breadbasket rural areas to save Beijing and other cities. The CCP could well be facing an uprising.
Nothing to see hear it all going to be just fine print print and print and then print… everything is fine nothing to see here
bet 50 bucks Josh is your son
who is great btw
nasdaq feeling it!
It is so confusing to me that while China's economy is so weak and even maybe in a depression, that at the same time we keep hearing about how China is positioned to "take over the World" militarily. Can they both be true at the same time? (Please be kind LOL. I am a self-admitted ignorant person who is only recently paying attention to how the World works)
😂😂😂😂 two days ago I said stop bashing the Fed. Watch CHINA 😊😊😊 THANKS for the shallow dive. We dont have any banking ties. But I respectful disagree at the 20 min mark “China won't start a war with any other country” remember George 😊 China has youth unemployment at least 20% 😱 Trump Threatened China sanctions and Biden made them law. Just like Russia, China will divert chaos and blame USA. And maybe attack TAIWAN
all the numbers on charts are fake and are a tool to build real things. as long as real, useful infrastructure is still there in China. they can just press the reset button. some of those crappy apartments are worthless though.
George! If you remember correctly, I was the first one to tell you to be concerned about Covid. You were about the only youtuber that listened. Everybody else laughed. Greg mannarino told me I was an idiot and it was a nothing burger. Well Greg?For years I have not commented on your videos. I will now! You sir are dead right. Be concerned, be very concerned. My business deals with China regularly . I get the information unfiltered. It’s bad, it’s getting really bad. It’s your black swan!
Chinese people are self sufficient. They live in the country and grow rice and raise pigs and can feed themselves and won't starve. They only travel to the city to work in factories for extra money to buy luxuries, to "feel" like they are part of the modern world.
Economy collapsing is the one thing that would start a war.
China is dumping dollars & you are following the MSM who are sticking their heads in the sand & trying to hide & distract from this. China's aim is to make the Yuan the world's main reserve currency. In doing so, if the Yuan appreciates & dollar depreciates, their own public (middle & lower classes) can buy more of their own goods reducing China's dependence on the U.S. The U.S. public in turn will be in pain by not being able to buy cheap Chinese products any longer. That is a win/win for China.😥
China is so censored that I don't believe half the stuff that comes out of China. They will never give you the truth. I have a good friend who moved here a few years ago from China and ask her often about stories I hear and she says most of what we hear in the Western world is false when it comes to what is really happening there.
Chinese youth unemployment will drop massively when the CCP forces them into military service to take Taiwan cause CCP needs something to hang its hat on.
Next up for Xi? He will need a distraction for all of those dissatisfied, unemployed, disengaged youth. The best distraction and way for the CCP to rally around the red flag of communism is for China to invade Taiwan. THAT = a global depression.
Many suggest that America rose from our Great Depression because of WWII — Xi does not care about his economy, he cares about retaining power.
The debtor gets what he or she deserves!
China owns $1TN of US debt.
If there is a need of dollars in circulation, which it is, China could very well continue to unload US debt as it did for the past few months.
Lei,s Real Talk is also a great channel to have insights into the Chinese affairs, yes her video,s a re a bit lenghty but she explains a lot on financial and political trubbles within china. That is why i think it is more than just real estate with excess homes in double digit miljons the expersion Letting It Rot under the chinese population no longer to work hard as your money gets stolen by the goverment and compagny,s leaving china at breathtaking speed with foreign investment dropping even harder than real estate. In this enviroment the ability to pay of debt is close to impossible so lets just hope the major investment groups like blackrock did not have a lot of eggs in this basket because than you would not brake some eggs but possible all of them
https://youtu.be/K4HrBxxebgY?si=P9MOY9hBGn10pDtp
George , the ,,Arab Spring,, sequence started in 2011 as far as I can remember and that makes me very uneasy …
<<Only God knows how much grateful i am. After so much struggles I now own a new house and my family is happy once again everything is finally falling into place!!
China did that on purpose to recreate 2008 conditions and pave the way for BRICS
I recall China’s economy was a bright spot leading us out of the GFC. Could the tables turn with the US leading the way this time?
Great video. Thankd
why there are no asians among the homeless
The low unemployment figures are a result of Covid… Talking of a black swan event… I see a whole flock of black swans on the horizon.
I'm in Austin and I've been seeing houses drop 10% in the last month
My mother on law is visiting from China. She reckons property prices in China have dropped 50%. I wasn't sure if she was exaggerating or not.
China owns 1.07 Trillion Deficit Dollars of our American 31+ Trillion US Taxpayers Deficit debt. China needs to buy more of our US Deficit Dollars currency debt. That will help them push this financial collapse at least to after the 2024 election.
Have a tendency of putting words in listeners mouth and then mock those words. China has all the manipulative tools (including lying about everything) to sweep things under the carpet.
why do you think "servesa" is coming back. Its a cover up for the economy.
Who's this mug that keeps yawning
just stop George
China is totalitarian state and they are doing a controlled deflation of real estate bubble. As that is happening China continues to export deflation. So that is one of the good influences for the USA consumers.
America exited a depression right into WW2 🧐
I keep telling people to find out where their retirement savings is invested.
Keep playing cigarette games idiots
Maybe im not thinking deep enough…but if my neighborhood home value dropped 10% id be looking to buy more. And prices would be returning to a norm. Or id stay put… continue to work and know prices would eventually stablize. Whats the big deal here… markets have ups and downs. What am I missing?
Well wait a minute, and I agree totally with you btw. if you say they locked everyone in their homes for three years, and that of course would create a depression. OK. Yet didn't China report 3-5% growth during that time as well? Uh, huh. You think that has any possibility of being true? Do think there is any possibility that they are currently growing at 4-5% currently? Now people will understand what China is truly built entirely on, as All Communist countries are, Propaganda. Their No.1 tool for all things. Unfortunately, America does some of this too, Today, whcih in turn helps Chinese Propaganda. I mean the Left is the Left anywhere in the world, so they scratch each others backs, to the detriment of it's citizens. Why do you think China fakes their numbers? Because they don't want all the aweful Media, because that is of utmost importance to them, right? So therefore, that is why we don't have Big Media covering this story with one drop of Accuracy. Only outlets like yourself say the things you say, which is true. Anyway, none of it can change the facts of what will then occur.
😂😂 i love how your start these videos now since the debate pf who is more attractive. #teamgeorge 😂
An extraordinary episode. Bravo.
I've been reading these blogs for years, there is ALWAYS a crisis that should scare us, it just goes on and on, but the DOW and FTSE go up a bit and down a bit, nothing ever happens
this is an controlled destruction into war preparation. the planners don't care about the people wealth situation, they have trained and they are ok with any war efforts.
If all else fails they take you to war. War is definitely a probability, and the high unemployment George talks about is easily dealt with by conscripting a large portion of the unemployed.
China is part of BRICS the old system has to crash. Take me to the other side.
To me, "the civilization of iron and clay" in the book of Daniel ( in context ) not only seems aptly monikered, it's obvious why. Many strange visions describing these days are also quite apparent. Even the creepy ones I didn't think were possible in America; but I watched it start in the 60's.
I'm renting, so if home prices dropped 50% in one month, I would jump for joy, praise Jesus.