WTF Just Happened To China’s Economy?
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You should never be scared that the economy will crash if you are prepared and play your cards right you will be fine. The economy has a flawless record it has recovered every time the market crashed.
Rome used to think the same
It’s different when socialism takes hold. They tend to never leave even after the population realises about their mistake to choose them democratically in the first place…
You remember China had a great famine right?
@@neriofrio Indeed. Unchecked socialism can cause economic collapse. Its always about a balance. Socialism should only be used as a means of restraining capitalism and libertarianism from going over board, but it should never be used in the reverse.
Unfortunately once socialism takes hold, and things end up going bad because of it, most socialists believe that the solution is more socialism, less capitalism, which, in the end, makes things worse. I hate to point it out as I live in one of these places, but CA and NY are major examples of thinking that more socialism will solve the problems caused by more socialism.
@@rebeltheharem7028Lmao 😂 why don’t you research Singapore 😂😂😂😂
HOMES SHOULD BE FOR LIVING NOT FOR SPECULATION!!!!! WTF are we allowing this in our country?
Always have been.
In fairness, China’s economy was on another level in terms of home appreciation / building / etc
@@GrahamStephan Of course YOU would say that….Got to protect you networth!~ We wouldnt want people like you to be regulated after all
@@josha.bdoge2 I’d rather have Graham as my landlord vs corporate real estate investors
Well, people do it because it’s not profitable enough to save. It’s a sign of a sick economy.
Hey Graham. Been here in China a long time and I agree with you ultimate conclusion here. Good vid.
Thank you!
Singapore be like, am i a joke to you ?
Canadas real estate is sounding similar to chinas lol
Not the same. In western countries, money for new construction is held in an escrow account until building is completed. In China, buying new construction means starting mortgage immediately and some projects are abandoned before completion. Real estate in west is a risky investment, but real estate in China is a Ponzi scheme.
A lot of foreign investment in Canadian real estate
Not close. Canada’s prices are up because of actual demand for housing, whilst China’s prices are up due to pure speculation and capital protection
@@PapiChulo1224 The demand is artificial, caused by excessive immigration and no real jobs for all the diploma mill foreign students. It’s a ponzi scheme.
It’s the Temu rally
Feels like every country has been “kicking the can” for so long that there is nothing that can be done but to give the can a kick and hope for the best.
Growing an economy & thus a population & their expectations on dope / funny money is a great invatation to turmoil of the worst kind. Debt forgiveness has many examples in history & war in many examples. Cultures built on values not riches are the ones that survive in a sustainable fashion. Unsustainable growth is a wolf in sheeps clothing… & it kills the innocent.
@Jack-Pritchett the problem with debt forgiveness is most of that debt is owned by retirement funds and banks.
I mean if it’s anything like the stay at home law during covid. Only people labeled as essential were making money. Everyone else was just force to comply and live off stimulus checks. Then fell behind the money gain and been trying to catch back up.
While economy tries to catch its breath as well.
@@SafeEffective-ls2pl precisely…. debt is owned… its why many times war is the outcome vs. forgiveness. Some serious sacrafice is in order… blood let the young or take back from the can kickers… Either way the innocent pay… The strong shall eat & the weak are meat…. The more economics you study the more that phrase will stick with you. Banks ought to have that in all their lobbies.
With the recent China stimulus, I’m curious about its impact on trading strategies. Also, does anyone know how I might reach Graham Stephan directly for some portfolio advice?
A classic case of “number go up forever” syndrome.
You’re winning me back with this kind of information
Mamalo
Yeah same. First time I’ve clicked immediately in a long time.
Same ^
please how do I reach out to graham, I’d love to make him my trading advisor or possibly make him my portfolio manager
He responds faster on TELEGRAM
It’s crazy how we don’t learn from each other’s mistakes. Here it’s other countries’ mistakes. If you don’t learn history you’re doomed to to repeat it.
Because not every country is the exact same and has the exact same structures in place. Just because one thing fails in one country doesn’t mean it’ll fail in all countries.
Australian here, I have a friend who is an engineer in the biggest steelworks in Australia, and we got talking about China and the position of his industry right now. Currently they have had to cut production because demand both internationally and domestically for Australian steel has dried up as a result of Chinese steel mills flooding the market.
China’s domestic demand has also dried up as demand in the construction industry has grinded to a crawl, but the steel mills have not reduced their production, which is pushing the cheaper Chinese product onto the international market, suppressing any competition.
Returning to Australia, our government has recently pushed for an increase in construction for the housing industry to try and reduce the impacts of our current housing crisis, but my mate said even that has had a minimal effect on their production requirements. His company has a huge cash buffer which will allow them to weather any storm, so they’re fine, but it is a ‘writing on the wall’ moment for demand for blue collar employment, when not even multiple government initiatives, from both Australia and China, can improve the current market and increase demand for products.
That does seem like the trend. The CCP is trying to export its failing economy aboard in the hopes that it might force old economic partners back to them.
Temu and Shein are designed to destroy small businesses aboard.
We dragged our feet with training and attracting young people to start apprenticeships and pushed the American idea of a uni degree at all costs
Build steel houses w/ domestic-only sourcing.
It sounds like a classic case of “We tried nothing, and we are out of the ideas.” Put a tariff over Chinese steal, cut immigration, push for denser cities, and tax the rich.
I’m tired of governments and billionaires pretending that real salaries don’t affect consumption
@@19valleydan With steel chairs on a steel patio.
Gotta be honest, this was the best analysis video you have put out in a year or more. Great insight
In other words
Your other videos are meh
Yeah because he’s not giving bad financial advice anymore and has time to put effort into his vids
Love how U.S. news media makes it sound like the U.S. hasn’t been printing money in unprecedented ways to do the exact same thing.
Great depression, 2008, crisis in the 70s, they all started with people saying everything is fine and normal. They were wrong or lied.
Their money is basically our money. So with rates the way they are and China having a huge amount of debt. Their basically on the edge. Also if they go under its because we went under. We’re its biggest customer.
The US economy continues to be the strongest in the world. We’ve avoided a recession. Inflation is easing. The dollar has traded within a narrow band vs the Euro over the past year.
@@jumpinjehoshaphat1951 which came at huge irreversible cost. To say you have avoided a recession so confidently seems foolish. It may very well still happen, and be even worse due to political climate. The billions you sent abroad don’t grow on trees I’m afraid.
maybe you are reading the wrong news…😀。。they have always been saying US is printing too much money…but printing is ok when the economy is growing, and cutting edge tech being invented every day..but China isnt, all they know is to copy and steal tech…
Well, what makes me an outlier I guess! I am 57 year-old English immigrant, with zero interest in tech or stocks, and yet I am 110% committed to Bitcoin. I would describe myself as an extreme conservative/libertarian. I have been involved in UK politics for some time, and the main thing that drove me to study Bitcoin and ultimately recognise its value to Humanity was the threat posed by an over-weening government, first in the UK and lately in the US also. I regard the CBDC as the final brick in the wall of the totalitarian prison the world’s governments are building for us. And Bitcoin is the ultimate defence against a tyrannical government.r…..I’ve been engaged in active trading and managed to grow a nest egg of around 2.3Bitcoin to a decent 24Bitcoin….I’m especially grateful to Francine Duguay, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
Francine duguay program is widely available online..
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When nothing works, war starts
This, I think our government wants it too, at least the democrats do. You can tell watching the debates that they have every intention of pushing the existing proxy wars further, and I could see war in the south East Asia starting soon. Trump wants to end the proxy wars but the unelected state may be too far along to stop it now.
Dude the US is doing the same thing. Trillion dollar deficits is the exact same thing as economic stimulus. And deflation is not bad. You people have this idea that if prices fall, people will stop spending. That makes no sense because people don’t hold off on buying something because the price will go down in the future. When people want something, they buy it right now. Proof of this is the newly record-set credit card debt. Deflation is good because it lowers the cost of living for everyone, especially the lower classes, which increases the quality of life. And what our country needs the most is savings and under consumption, so that our surplus goods can be exported abroad and that income can be used to balance our massive trade deficits and pay off the national debt. You can either pay off the debt and retain the value of the currency or you can hyperinflate it away and destroy the currency and the country, its one or the other. For some reason, so many people are just so hell bent on f-ing future generations of Americans.
The problem with deflation is not that people stop spending. It’s absolutely a good thing for the lower classes, as it makes living more affordable. The problem is for those who own businesses, and while certainly it would be a good thing to force big corporations from hoarding all the wealth, as they currently do, it’s the small businesses that easily die during deflation. So what happens in deflation that is bad for the economy are corporate lay-offs and smaller business going bankrupt. But yeah, some kind of very temporary deflation might probably be welcome for most people.
The continuously changing economic conditions in our society have made it necessary for thousands of people to find additional sources of income. Personally, I am looking at the stock market to fuel my retirement goal of $2m, my concern is the recent market crash.
In a field as rapidly evolving as cryptocurrency, staying updated is crucial. Linda’s continual research and adaptation to the latest market changes have been instrumental in helping me make informed decisions.
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How can I reach this advisers of yours? because I’m seeking for a more effective investment approach on my savings?
‘Stacy Lynn Staples’ is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment
Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.
Fascinating insights on the stimulus strategies! It’s intriguing how both the U.S. and China are navigating similar economic waters but with different sails. By the way, Graham, I’d love to connect outside of YouTube for some trading advice! Your expertise could really help me sharpen my skills. How can I reach you?
That’s a valid observation! Many nations are indeed following similar paths. I’ve noticed that reaching out to Graham on Telegram often gets quicker responses. It could be a great option for trading tips!
That’s a valid observation! Many nations are indeed following similar paths.
I wonder how long these approaches can sustain growth in the long run.
Exactly! I’m curious about the long-term effects as well. Do you think these strategies could lead to any unintended consequences down the line?
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I’m 37 and have been looking for ways to be successful, please how??
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I started pretty low, though, $5000 thereabouts. The return came massive. Joey is in school doing well, telling me of new friends he’s meeting in school. Thank you Evelyn Vera you’re a miracle.
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Been watching Graham videos since the pandemic and lowkey when he does the “but Graham” voice I die laughing every time 😂😂😂