Why are So Many Chinese Banks Disappearing?

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TLDR News Global

TLDR News Global

Күн бұрын

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As you already know, for the past few years, China has been battling a property crisis. But, a few weeks ago, a series of banks seemingly collapsed into a larger bank, raising the question of whether the property crisis is even worse than we thought.
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00:00 - Intro
01:06 - China's Banking System Explained
03:21 - China's Banking Crisis Explained
04:12 - How the CCP Used to Fix Bad Banks
05:22 - The New Strategy
07:39 - Sponsored Content

Пікірлер: 499
@patriaciasmith3499
@patriaciasmith3499 5 күн бұрын
Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
@steceymorgan814
@steceymorgan814 5 күн бұрын
With the US dollar losing value to inflation and other currencies gaining traction, uncertainty looms. Yet, many still trust in the Dollar's perceived safety. Worried about my $420,000 retirement savings losing value, I seek alternative security for my money.
@elizabethwilliams6651
@elizabethwilliams6651 5 күн бұрын
I think QFS, XRPL and the Humanitarian Project are the solution for this.
@AnjeloValeriano
@AnjeloValeriano 5 күн бұрын
Do you know how I can switch to QFS banking?
@Jennifer-bw7ku
@Jennifer-bw7ku 5 күн бұрын
Yes, Angela Rodriguez Elias she is a great woman of God who has the great insight on QFS, NESARA, XRPL and the Humanitarian Project. She will guide you on how to switch to the qfs banking before the global currency reset takes place. Don't be a victim of that great reset. Get ready for Gesara Nesara, switch into the QFS for your own safety.
@AnjeloValeriano
@AnjeloValeriano 5 күн бұрын
How do I contact her?
@PaulKatrina.
@PaulKatrina. Ай бұрын
In light of the ongoing global economic crisis, it is crucial for everyone to prioritize investing in diverse sources of income that are not reliant on the government. This includes exploring opportunities in stocks, gold, silver, and digital currencies. Despite the challenging economic situation, it remains a favorable time to consider these investments.
@SandraDave.
@SandraDave. Ай бұрын
The pathway to substantial returns doesn't solely rely on stocks with significant movements. Instead, it revolves around effectively managing risk relative to reward. By appropriately sizing your positions and capitalizing on your advantage repeatedly, you can progressively work towards achieving your financial goals. This principle applies across various investment approaches, whether it be long-term investing or day trading.
@bernadofelix
@bernadofelix Ай бұрын
It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.
@CraigLloyd-fz6ns
@CraigLloyd-fz6ns Ай бұрын
Please can you leave the info of your investment advisor here? I’m in dire need for one
@bernadofelix
@bernadofelix Ай бұрын
Finding financial advisors like Melissa Terri Swayne who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
@EddyAgnes-vy4kp
@EddyAgnes-vy4kp Ай бұрын
thank you for this tip , I must say Melissa, appears to be quite knowledgeable. After coming across her online page, I thoroughly went through her resume, and I must say, it was quite impressive. I reached out to her, and I have booked a session with her.
@ppppp524
@ppppp524 Ай бұрын
You guys get a lot of mileage out of that picture of Xi Jinping looking sad next to a red graph
@Bav_ar
@Bav_ar Ай бұрын
This channel is mi5/6 propaganda so they're the smartest
@rcchin7897
@rcchin7897 Ай бұрын
If the CCP won’t change its policies, why should TLDR need a new photo? :D
@ChristoffelTensors
@ChristoffelTensors Ай бұрын
@@rcchin7897 why would they change policies that keep housing prices down?
@brenntagchem
@brenntagchem Ай бұрын
@@ChristoffelTensors isn't CCP trying to maintain the high housing price now?
@absentmindedshirokuma8539
@absentmindedshirokuma8539 Ай бұрын
​@@ChristoffelTensorskeep housing price down? Are you sane? China has one of the disproportionly high property price in the world compare to income. In london, ottawa or NY, its generally 10 times of average yearly income. In Shanghai or Beijing, its 30 times!
@PeterSedesse
@PeterSedesse Ай бұрын
There are so many crash circles happening in China. One really important thing to remember is that in 1990, almost 95% of the land in China was owned by the provinces. For 35 years now, the provinces have provided almost all social services and infrastructure projects by selling off land to developers. Now that developers are bankrupt and not buying land anymore, the provinces have no real income. They have no system set up to bring in taxes like a normal regional or state gov't can do... and as they do find ways to tax residents directly, that is putting pressure on consumer spending. The other real death cycle is the number of middle class people who are paying a mortgage for a home that was never finished. You have a huge amount of people being forced to pay a mortgage and rent at the same time. In some cases it is even worse because the people got multiple mortgages thinking they could rent out their other homes. Having to pay double housing costs means people have far less money to spend in the economy on other things. Which leads to deflation. Deflation is bad, even inflation under 2% is bad, because it means if you are a consumer, there is no reason for you to buy items today, because you know that in a month the item will be the same price or cheaper. This is why the USA and most EU countries have an inflation goal of 2%. It is low enough that it doesn't really hurt anyone, but it is high enough that it encourages consumer purchases. This keeps the economy churning. Deflation is also terrible for businesses, especially retail items like food, because if you buy an item for your store today, it might sit in your store for a month and have a lower price when you can actually sell it. This is crushing for low-margin businesses like supermarkets and retail stores. This is all terrible, but equally bad is the covert ' decoupling ' by western companies, which have similar effects on the economy. TLDR: China peaked in 2019 and it is all downhill from here.
@burakki6324
@burakki6324 Ай бұрын
"China peaked" bro what are you talking about. You don't think the CPC knows what it's doing? any of the issues China faces isn't nearly as devastating as the ones the west faces every other year. you have to remember China is not a liberal society, the interest of businesses isn't as important and people consuming less is better for the environment. the cpc knows what's it's doing and is going to fix it, they have complete control over the economy and can actually fix things. meanwhile the west if they had this problem they wouldn't know what to do about it sense their economies rely on endless consumption
@monkeeseemonkeedoo3745
@monkeeseemonkeedoo3745 Ай бұрын
@@burakki6324 The cpc doesn't know what it's doing. And the problems in the west ARE NOT comparable
@schloops8473
@schloops8473 Ай бұрын
I agree with your post but not on deflation. The reason we set a bar above 2% is because our politicians come from rich families and work for the rich and the rich having their wealth in stocks and housing, it artificially props up their wealth at the expense of the poor which is a double-whammy in favor of the rich.
@JDSileo
@JDSileo Ай бұрын
@@John64314 who decides what home is 'real' or not?
@PeterSedesse
@PeterSedesse Ай бұрын
@@John64314 agreed, it is more similar to condos. But the point is they pay mortgages on and are responsible for the full mortgage. They also set up the mortgages long before they can move in, which is the problem I pointed out. They are paying a mortgage for the condo they can't live in, and rent where they live.
@scootergrant8683
@scootergrant8683 Ай бұрын
The table is back!
@andrewstevens9481
@andrewstevens9481 Ай бұрын
Pretty crazy that JP Morgan is the largest non Chinese bank in the world with only around 11% of US consumer deposits. Shows you how massive the US banking system really is.
@GabibboReall
@GabibboReall Ай бұрын
no it doesnt
@DK-ev9dg
@DK-ev9dg Ай бұрын
@@andrewstevens9481 lies from you. Typical American trait.
@fanniinnanetguy653
@fanniinnanetguy653 Ай бұрын
​@@GabibboReall cope
@GabibboReall
@GabibboReall Ай бұрын
@@fanniinnanetguy653 are you 5?
@fanniinnanetguy653
@fanniinnanetguy653 Ай бұрын
@@GabibboReall Still no argument?
@EdgelordOfEdginess
@EdgelordOfEdginess Ай бұрын
The table has returned from the prison! Good to see he is ok
@Maverick7642
@Maverick7642 Ай бұрын
Buying a stock is easy, but buying the right stock without a time-tested strategy is incredibly hard. Hence what are the best stocks to buy now or put on a watchlist? I’ve been trying to grow my portfolio of $560K for sometime now, my major challenge is not knowing the best entry and exit strategie;s ... I would greatly appreciate any suggestions.
@Christian67337
@Christian67337 Ай бұрын
Buying a stock is easy, but buying the right stock without a time-tested strategy is incredibly hard. hence I will suggest you get yourself a financial-Advisor that can provide you with entry and exit points on best stocks to buy now or put on a watchlist. Apple, Merck, General Dynamics, Cheniere Energy and Marriott International are prime candidates.
@Thomas43211
@Thomas43211 Ай бұрын
I agree. Based on personal experience working with an investment advisor, I currently have $385k in a well-diversified portfolio that has experienced exponential growth. It's not only about having money to invest in stocks, but you also need to be knowledgeable, persistent, and have strong hands to back it up.
@Scarlett34568
@Scarlett34568 Ай бұрын
How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances
@Thomas43211
@Thomas43211 Ай бұрын
Aileen Gertrude Tippy is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment.
@Scarlett34568
@Scarlett34568 Ай бұрын
I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks for the recommendation.
@JenniferLynd
@JenniferLynd 15 күн бұрын
*Wow, it's crazy how some people can become multimillionaires by investing just $10K in trading within a few months, while others have to work for 40 years to reach $1M in retirement savings. The power of smart investing, right?*
@AngelaTaylor-ox9kw
@AngelaTaylor-ox9kw 15 күн бұрын
The thing about being successful is working towards it smartly and not just talking about it
@LeeMonday544
@LeeMonday544 15 күн бұрын
I've been trying to trade but I keep making losses and it's frustrating
@IonelPopejnr
@IonelPopejnr 15 күн бұрын
If you are using really a good broker or account manager is easier to earn from the market
@MalikZanni
@MalikZanni 15 күн бұрын
That's true. a lot of people today have been having a ton of disappointments in forex and crypto trading in light of helpless direction and awful specialists
@JohnGrab776
@JohnGrab776 15 күн бұрын
I have a desire to invest heavily in one of the financial markets How do I reach out?
@vanguardanon4979
@vanguardanon4979 Ай бұрын
This has such an echo of the Japan deflation crisis. I think just as Japan provided a blue print for how to grow an economy it also provides a blue print on how to create a bubble
@Jordan-Ramses
@Jordan-Ramses Ай бұрын
Japan is still a first world nation. China never was.
@amaladiguna8873
@amaladiguna8873 29 күн бұрын
Got a book from my dad about a 1980s prediction that the Japanese was a "fragile superpower" and man a lot of it really fits China currently.
@vanguardanon4979
@vanguardanon4979 29 күн бұрын
@@Jordan-Ramses I know I live here! But really go to Shanghai and you’ll see it’s a first world nation. If you point rural areas of China I can point many which would be similar in Japan!
@user-ug9sy6zr6j
@user-ug9sy6zr6j 28 күн бұрын
JAPAN IS BUILDING A MILITARY
@vanguardanon4979
@vanguardanon4979 28 күн бұрын
@@user-ug9sy6zr6j I don’t know what this has to do with the deflation crisis in China lol
@CARL_093
@CARL_093 Ай бұрын
it started in 2022 every citizen wanted to withdraw all there money out
@leonardbleeker1310
@leonardbleeker1310 Ай бұрын
There... There there there there.
@argus-r1j
@argus-r1j Ай бұрын
Lol,As a Chinese, I actually found out about this news from YT
@argus-r1j
@argus-r1j Ай бұрын
How are bananas in the Philippines? Are the Chinese unable to afford Philippine bananas? So please don’t continue to sell bananas to us😂
@user-ok9xw5tb3q
@user-ok9xw5tb3q Ай бұрын
哈哈哈哈哈哈,sb
@sleepinglaffey3886
@sleepinglaffey3886 23 күн бұрын
这是我在地球上的最后一代,没有工作,没有钱,没有妻子,只是平躺着 #WOWSOGOOD #theskydontlie #tubecensor
@azmodanpc
@azmodanpc Ай бұрын
Banking with Chinese characteristics
@aceryer
@aceryer Ай бұрын
American banks are the same stop the delulu
@thetruedemocraticnorth
@thetruedemocraticnorth Ай бұрын
they are just simply moving towards a centrally planned economy
@MrOraenji
@MrOraenji Ай бұрын
Oh Soviet Russia, how we miss you
@xiphoid2011
@xiphoid2011 Ай бұрын
Xi is Mao 2.0.
@argus-r1j
@argus-r1j Ай бұрын
Lol, The channel has enabled censorship
@unconventionalideas5683
@unconventionalideas5683 Ай бұрын
5:44 On paper that might be true, but everyone in China maintains at least two sets of books: what they show the public and what they use internally. They may have multiple sets, for various different government officials of different ranks as well. This means that even if things look stable, they may not be as well as they seem, and a 2008 style crisis is most definitely already a distinct possibility, although the CCP would probably try to intervene far more quietly and try to cover up the whole thing, which they could be remarkably successful. They covered up the collapse of a dam the size of the Three Gorges Dam that resulted in a flood in rural China that killed more than a quarter million people for more than 50 years. Nobody anywhere else in the world knew, and even most Chinese did not know, from the late 1950's until its exposure in 2016.
@rcchin7897
@rcchin7897 Ай бұрын
If you think the USA administration is cooking the USA economic data, that’s nothing compared to China. I bet the local officials have at least three books: the ones they show to the public, the ones they show to the CCP, and the ones that have the actual numbers!
@user-ok9xw5tb3q
@user-ok9xw5tb3q Ай бұрын
哈哈哈哈哈😂,张嘴就来
@marcolamy
@marcolamy Ай бұрын
Always great content, TLDR!
@DK-ev9dg
@DK-ev9dg Ай бұрын
Bs
@DK-ev9dg
@DK-ev9dg Ай бұрын
@@fritzmordred4874 keep spreading bs about China. I'm 100% sure your country's banks are bankrupt and and nobody cares about you in your miserable country.
@DK-ev9dg
@DK-ev9dg Ай бұрын
@@fritzmordred4874 youtube deletes my comments when I shaft you.
@fritzmordred4874
@fritzmordred4874 Ай бұрын
@@DK-ev9dg Cause your CCP Gov is controlling all KZfaq Comments
@fritzmordred4874
@fritzmordred4874 Ай бұрын
​@@DK-ev9dg Cause your Cryna keeps deleting all Comments. Keep Coping CH bot, your 48 bank disappeared and 1 of your biggest bank filed bankruptcy. LoL CH cyops LoL😂
@DJchazzyChefff
@DJchazzyChefff Ай бұрын
Excellent! Appreciate the content.
@ThomasBoyd-lo9si
@ThomasBoyd-lo9si Ай бұрын
Awesome. Brilliant content. Spot on.
@DK-ev9dg
@DK-ev9dg Ай бұрын
Worry about your country
@natedcarr6148
@natedcarr6148 Ай бұрын
Very informative and and enlightening. Thanks TLDR news for the this news!
@rorytribbet6424
@rorytribbet6424 Ай бұрын
Peoples Democratic bank of John Cena
@tiseril
@tiseril Ай бұрын
Bing Chilling National bank
@baiwuli6781
@baiwuli6781 Ай бұрын
You guys still mad at John Cena ?
@KomenJolokia-cd4np
@KomenJolokia-cd4np Ай бұрын
​@@baiwuli6781they mad at who?
@baiwuli6781
@baiwuli6781 29 күн бұрын
@@KomenJolokia-cd4np they are mad at John Cena, probably.
@KomenJolokia-cd4np
@KomenJolokia-cd4np 29 күн бұрын
@@baiwuli6781 mad because they cant see him
@stanleyzac1648
@stanleyzac1648 Ай бұрын
It is very easy to buy in on trending stocks but the problem is knowing when to sell or hold, which is why a coach is important. I've been in touch with one for about a year now and although I was initially skeptical about it, I will say I've made more progress within a year generating 6figure profit
@Jakekhalid32
@Jakekhalid32 Ай бұрын
I believe the safest approach is to diversify investments especially under professional; guide. You can mitigate the effects of a market meltdown by diversifying their investments across different asset classes such as stocks, ETF's etc It is important to seek the advice of an expert....
@laiibrahim7502
@laiibrahim7502 Ай бұрын
That makes sense. Unlike us, you seem to have the market figured out. Who’s your fiduciary?
@Jakekhalid32
@Jakekhalid32 Ай бұрын
Dustin Dwain King is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
@WiolciaMrozowska531
@WiolciaMrozowska531 Ай бұрын
That’s true, I'm cautious about giving specific recommendations as everyone's situation varies. Consider independent financial advisors like Dustin Dwain King I've worked with him for 9yrs & highly recommend him also
@stanleyzac1648
@stanleyzac1648 Ай бұрын
Dustin Dwain King's approach is crucial for succeeding in online commerce. His management group has been exceptionally effective.
@philippefutureboy7348
@philippefutureboy7348 Ай бұрын
Took me 8 seconds (0:36-0:44) to realize this bank consolidation approach might exacerbate the problems China banking sector is facing… Is China leadership doing alright or they’ve all gone mad?
@ilikepankakesuk
@ilikepankakesuk Ай бұрын
How so? Do you mean because then all the banks with large debts are being incorporated into fewer banks or is it something else?
@NadirAgha
@NadirAgha Ай бұрын
Sometimes you have to choose between bad and worse
@philippefutureboy7348
@philippefutureboy7348 Ай бұрын
@@ilikepankakesuk Exactly; taking the debt of a plethora of small institutions and aggregating it into larger institutions which already have their own debt burden seems like a risky move to me. These banks are already shouldering the debt from projects such as the Belt and Road initiative and large companies that are defaulting
@ilikepankakesuk
@ilikepankakesuk Ай бұрын
@@philippefutureboy7348 Yeah it certainly is risky, we'll just have to see how it all unfolds. Perhaps this could be some initiative to gain more control of the rural banks regardless of the outcome
@PhysicsGamer
@PhysicsGamer Ай бұрын
@@philippefutureboy7348 If it's a temporary problem then the strategy is probably fine - larger entities can weather negative valuations for much longer than small ones, after all. But if it's even _mostly_ a longer-term problem then suddenly it's everything that's been bundled up which fails rather than one part or another.
@2pacaveli257
@2pacaveli257 15 күн бұрын
This is happening worldwide !!
@andresgarciacastro1783
@andresgarciacastro1783 Ай бұрын
4:12 Land leases, not sales. It's a lease for 70 years.
@sheikhsadisheikh2120
@sheikhsadisheikh2120 Ай бұрын
Bangladesh is in Danger
@joecampbell6486
@joecampbell6486 Ай бұрын
40 banks
@teflerchina.2987
@teflerchina.2987 Ай бұрын
The banks are not disappearing. A few rural banks went out of business due to corruption or lack of customers but the major banks are strong and healthy. Why has over 200 banks in the US closed down over the last year and what has happened to the public's money ?
@txquartz
@txquartz Ай бұрын
You can go look at the public FDIC files to see what happened, whether insurance paid to depositors or an arranged buyout instead.
@thelasttellurian
@thelasttellurian Ай бұрын
Revenge saving actually works
@caniblmolstr452
@caniblmolstr452 Ай бұрын
Coz they lent to many struggling developers
@Toliman.
@Toliman. 28 күн бұрын
Not just struggling, the Banking systems loan openly, since there is no personal bankruptcy laws in place, and ID is nationalised, there is no need for loan security, just a holding deposit, and a business use case i.e. current sales/profits, location and other establishing confidence documents to establish loans for millions of dollars. The holding deposit 'trick' is also how Evergrande came unstuck, as the 3 red lines process kicked in and the company, already facing severe debt crisis and the inability to restart construction, couldn't get emergency loans to resolve bank repayments while it sourced new materials. They reused the deposit money in these accounts to leapfrog between hundred-million dollar loans for each construction project, clearing the funds and reusing the money. Presale of new homes would then be auctioned out, presold and used to fund the loan payments for their other projects, keeping the game of musical chairs going. At one point, Evergrande had between 150 and 300 highrise projects in motion at the same time. They even had the notion of building a hospital, theme park, car company, etc. Until the music stopped and the 3-red-line policy cut off their legs. The medium sized banks often take very risky loans, up to 60 years on mortgages, just under the lease time for the land. This gives the bank a huge incentive to 'move loans' ... but this house of cards tactic is prone to abuse. Their high price loans led to others taking advantage of 6% PA or higher loans to ruin the bank's credit. FWIU, there are something like 8 million closed businesses this year alone, which has led to trillions in debts that cannot be paid. The bank is also having trouble liquidating property and commercial equipment, because there are no buyers or exchanges. Tied to this, some 'official' banks, i.e. banks that lend to SOE's, government-run and local government tied salary/investment loans, are also complicit since a lot of bureaucrats use their status as officials to gain low-interest loans and handle the repayments for these low-interest loans as usury for their family and others. When these businesses went bankrupt, the officials had no money to pay back their loans, and the banks could not force them to pay up, or risk being exposed, so the banks are holding onto politically sensitive unpaid accounts. In turn, some bureaucrats in this leveraged illegal position took money from staff pay and staff budgets to buy property or other assets, and so a lot of employees have not been paid for 6-9 months in some cases. The whistleblowers on these cases were hidden, but there's nobody willing to come forward with names of who took the money out of these supposed government accounts. Combined with this chicanery, fraud, political corruption and censorship, senior executives of failing companies have two choices. Close the company and live in their homes until the bank comes to repossess, or leave the country with the company assets. Or a third option, don't pay employees for a year, and offer them 'interest payments' if they don't 'vest' their income until 2025. i.e. if you don't take your salary, you'll get 10% extra in a year. Rather than facing bankruptcy and starting over -- as there is no bankruptcy in China, they pack up the businesses accounts and leave the country with gold, jewelry, crypto, " go on holiday with their family" to Korea, Japan, Vietnam and then try to stay in the country illegally or leave the country by other means to arrive in another country to avoid extradition. Some even end up trying to cross the border into the US or Singapore, or try to claim asylum. Many CCP family members have to come via boat, as they require visa access to leave or stay in other countries, sic. Scammers have taken advantage of this by establishing a company with a collected pool of assets gained from credit cards and loans from 3rd and 4th party banks, BNPL or payday loans, from multiple patsy people who want the banking system to collapse due to previous acts of sabotage by local government, sic. They gather together as customers, buying and selling a single original product, to each other and forging the paperwork to look like a franchise selling products at high volume to give the false impression of a successful business. With this false company, comprised of false purchases of mobile phones for example, they can show P/L stats and gather a loan for expansion, up to 10 million yuan, which is then flipped and used to game another company loan for 100 million yuan, which is then used to purchase cars, property and sold to others. Then the company is dissolved, the loan signer in the company having since deceased or is homeless and elderly with health conditions. By the time it goes to trial, they have often passed on. These 'deadbeats' are occasionally leveraged for billions of yuan, despite only being asked to walk into a bank branch wearing a suit and tie for an interview, there is a team of scam artists, lawyers and corporate specialists that keep the whole thing moving in the background.
@tanzeelahmadhashmi6209
@tanzeelahmadhashmi6209 Ай бұрын
Feels like banking bends every country over
@Descriptor413
@Descriptor413 Ай бұрын
Well, banking and real estate speculation
@Drecon84
@Drecon84 Ай бұрын
It's almost like capitalism is an inherently flawed system where small groups get way too much power and things completely fall down when inevitably things go wrong.
@MdAlAminPramanik-rm3to
@MdAlAminPramanik-rm3to Ай бұрын
#save_Bangladeshi_students #Protect The Protest
@Olivia-z5c
@Olivia-z5c 28 күн бұрын
A perfect storm is brewing in the chinese. Inflation, bank collapse, severe drought in the agricultural belt, recession, food shortages, diesel fuel and heating oil shortages, baby formula shortages, available automobile shortages and prices, the price of living place. It's all coming together and it could lead to a real disaster towards the end of this year (or sooner). With inflation currently at about 6%, my primary concern is how to maximize my savings/retirement fund of about $300k which has been sitting duck since forever with zero to no gains.
@Jasonshelton-
@Jasonshelton- 28 күн бұрын
These are the conditions in which life-changing money is made by those who remain calm, patient, and take controlled risks. Volatility goes both ways. The bigger the red candles, the bigger the green ones.
@Miakate-f3l
@Miakate-f3l 28 күн бұрын
Investing in stocks can be a wise decision, especially if you have a dependable trading system that can lead to successful outcomes. Personally, I've been working with a financial advisor for about a year now. Starting with less than $200K and I'm now just $19,000 away from making half a million in profit.
@Richie-3wr
@Richie-3wr 28 күн бұрын
I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same. Is there any chance you could recommend who you work with?
@Miakate-f3l
@Miakate-f3l 28 күн бұрын
Finding financial advisors like Jessica Lee Horst who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
@FrancisWilliam-mv8tv
@FrancisWilliam-mv8tv 16 күн бұрын
I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks for the tip.
@khathecleric
@khathecleric Ай бұрын
Singapore did this previously in 1998. The banking system survived.
@poscat0x04
@poscat0x04 Ай бұрын
Singapore isn't really comparable with China economically...
@nntflow7058
@nntflow7058 Ай бұрын
That's a stupid comparison. Singapore is a tiny country with small numbers of bank and they are one of the richest country on earth in 1998. The tax money is enough to cover the downfall.
@jayceh
@jayceh Ай бұрын
​@@poscat0x04literally the same economic model. Deng Xiaoping and Lee Kuan Yew were friends and DXP inspired the Singaporean model, while LKY's execution has inspired DXP to scale up the same playbook for China.
@garulfo2
@garulfo2 Ай бұрын
look at the singaporean debt/gdp ratio and look at the China situation again.
@jayceh
@jayceh Ай бұрын
@@garulfo2 tell me what you see I'm curious
@yatarookayama8329
@yatarookayama8329 Ай бұрын
Pro Chinese propaganda "the economy is doing great " . Reality the unemployment is close to 30% highest ever been and now Chinese Banks Disappearing !
@gelo9760
@gelo9760 Ай бұрын
I heard different news, the unemployed quite 40 percent or worse, because of the censorship, we can't see the real graph.
@whiteshark450
@whiteshark450 Ай бұрын
Have you been to China?
@jayceh
@jayceh Ай бұрын
30% unemployment explains the consumer spending hitting all time highs in Q2! When people are unemployed they simply spend all day shopping so this checks out.
@fukinyouup
@fukinyouup Ай бұрын
@@whiteshark450 I have and it's not particularly developed. Yes, it looks better than it did 30 years ago, but that's a pretty damn low bar. All the tourists and videos you see online come from places like Shanghai/Hangzhou, Beijing, Guangzhou, etc. (very rich provinces). In terms of average income/GDP these places are comparable to Europe, Japan, Taiwan, etc. However, they don't show you pictures of places like Gansu (GDP/capita: ~$8000 USD) or Heilongjiang (GDP/capita: ~7300 USD) which is comparable to countries like Libya (~$6900 GDP/capita) and Botswana ($7800 GDP/capita). This is not just cherry-picking btw: 19/31 provinces in China have GDP/capita below $11000 USD, and 28/31 provinces have GDP/capita below $20000 USD, Beijing/Shanghai are really the outliers and not really representative of how most people live. If you factor in the extreme income inequality in the big cities the situation is even worse. Also consider the fact that the country lacks many basic things you would expect from a developed country, including: -safe to drink tap water -free toilet paper/napkins (you have to pay for these at restaurants) -proper toilets (many areas still use squat toilets or outhouses) -proper traffic/smoking laws (it is legal to drive motorcycles on pedestrian sidewalks, no restrictions on smoking)
@KSUser-0301
@KSUser-0301 Ай бұрын
@@jayceh Some people can be enourmously rich while the majority can be poor
@johnkerner6553
@johnkerner6553 Ай бұрын
Thanks!
@brenntagchem
@brenntagchem Ай бұрын
$$$$$$
@Zed7762
@Zed7762 Ай бұрын
Good video
@hernanuliana9111
@hernanuliana9111 Ай бұрын
Very similar situation of small American banks...
@shanghaidiscovery2664
@shanghaidiscovery2664 Ай бұрын
These smaller banks are not really more focused on lending to households but rather to farmers and SME;s in poorer provinces. and household debt in China is not an issue since you can't walk away from it. In fact most of household lending is done via bigger in terms of mortgages and in China, you cannot walk away from a mortgage by filing for bankruptcy. also, the whole issue with the Ant IPO a couple of years back had to do with some smaller bank doing consumer lending without much check on the Alipay platform. That was shut down by the central bank and was one of the biggest issues that Ant had. the central bank considered they were to be regulated as a financial institution (you could borrow 20-30 k usd with a press of a button). So right now the main issue is the bad debt ratio of these smaller banks is around 3.5% which is about double those of other banks and a lot murkier. and most of these debts seem unrelated to property but rather just the struggles of SMEs plus lack of governance. anyway this round of consolidation is only the latest in a process started around 2015
@Forsthman64
@Forsthman64 Ай бұрын
In a fiat system, an housing crisis always means a banking crisis. It's the mortgages supporting the housing demand which underpin the entire financial system, because fiat systems are necessarily built on debt.
@monkeeseemonkeedoo3745
@monkeeseemonkeedoo3745 Ай бұрын
And China is more dependent on that housing market than ANY other country. That's why it's particularly news worthy, this is without going into how provincial governments get their taxes through these land sales, they don't tax the traditional way
@Forsthman64
@Forsthman64 Ай бұрын
@@monkeeseemonkeedoo3745 Totally agree! Basing currencies on debt is the stupidest possible way to store value. The money supply must continually increase or there will be insufficient currency to pay off the debt.
@PhysicsGamer
@PhysicsGamer Ай бұрын
@@Forsthman64 Your conclusions do not follow from your premises. Even if everything you're claiming were true, all it would take is a surplus to pay the debt without printing additional currency.
@Forsthman64
@Forsthman64 Ай бұрын
@@PhysicsGamer Now you're thinking like an Austrian! Yes, you're right. Problem is, in Fiat systems, the Government can manipulate exchange rates by printing more money, so the Chinese decided that, to protect from the 'middle income trap' it would throw loads of money at its economy, so the Yuan remains very cheap, so exports are still attractive to foreigners. This isn't necessary under, say, the gold standard, because currency doesn't get less competitive with demand as a fiat currency does. Gold is gold.
@PhysicsGamer
@PhysicsGamer Ай бұрын
@@Forsthman64 As far as international trade is concerned a gold-backed currency would be a disaster. Any country with a consistent trade deficit would wind up running out of gold. This problem (though with silver rather than gold) is why the British wound up pursuing the opium wars with China. I do still wonder where you could possibly find all this gold, of course. The value of global trade alone far exceeds the total value of the gold on the planet.
@Fanaro
@Fanaro Ай бұрын
Where in the world are things supply-driven nowadays? Edit: What I wanted to say was more like: since we can produce things in abundance so easily nowadays with industrialization, the real question isn't if can we can produce anything but if we can find anyone to consume it.
@user-mz3in7vo5b
@user-mz3in7vo5b Ай бұрын
With subsidies, dumpning work force conditions and income. Refugees, get, up to 90% of the sallary, payed by the state... ( SWEDEN )
@FutureBoyWonder
@FutureBoyWonder Ай бұрын
Bro go somewhere else with your deranged ramblings.
@Ruddpocalypse
@Ruddpocalypse Ай бұрын
@@user-mz3in7vo5bleast brainrotted racist
@yabatopia
@yabatopia Ай бұрын
China’s _inflation_ is supply-driven. With a normal demand-driven inflation, prices get higher (aka inflation) because there is a greater demand for services and goods, meaning that consumers actually have more than enough money to buy stuff. A supply-driven inflation means services or goods get scarcer, driven up prices. The scarcity exists not because of high demand, but because producers and companies are going bankrupt (economic downturn, government intervention, external factors like war). The demand gets weaker, but doesn’t crash as bad as the supply. That imbalance makes things more expensive, making things even worse.
@andresgarciacastro1783
@andresgarciacastro1783 Ай бұрын
This is an insult to poverty.
@basvh666
@basvh666 Ай бұрын
Please let me know where the real estate value is dropping ? 😅 because housing prices etc have only been rising here ….
@hockychen7228
@hockychen7228 Ай бұрын
This one is accurate on point with how the economy in China is
@YoniLiron
@YoniLiron Ай бұрын
So China is going for the too big to fail model ?
@Toliman.
@Toliman. 28 күн бұрын
There's no bankruptcy laws in place for individuals or companies to restart. In rare occasions, debts can be passed on to family, notably land or property, cars, or certain loans, sic. There won't be a JP Morgan or Stern Brothers like failure, because the banking system can easily lie to the government, and the government can hide the debt, collapse of tertiary companies, and the deaths or problems caused by corporate failure and government failures. They have tens of thousands of people to filter the internet for hundreds of thousands of keywords, dates, times, locations, companies, CCP family names, nicknames, etc. The banking system can be given obscure instructions because every company in china, has to include 30% to 50% of their leadership in the CCP. The problem is, a lot of the banking regulatory system can't be fooled for long, and tied to this massive fraud, is the stockmarket often being used to launder debts or fake IPO / profit results, allowing banks and other companies to launder money through stock losses and other means. Usually via direct or indirect manipulation. If you have access to the security department, they can hide whistleblowers and bad press, making your car company seem profitable and having no flaws despite several deaths and widely reported failures, then hidden to improve quarterly results. These overt or covert double-book instructions can be 'secret' i.e. For the Greater Good, or for corrupt practises / shadow banking regulatory means, military use, or all three. Especially the bigger banks can be given instructions to monitor people, or report expenses of monitored citizens to the police or security branches. This can also include forfeiture and other means. Cash can also be printed and delivered to banks, including forged notes or fake cash given to bank tellers directly, Allegedly. The lawlessness is vast, because there is no 'clean hand' protecting the system. If the CCP decides to hide debt to increase GDP, or ask local villagers to put their names on tech companies to boost tech investment, they do so. 9 million tech companies can start in a month, with an operating budget of 100 yuan, the same 300 employees on the paperwork, this is "saving the economy" sic. Face saving insane actions like this happen on a weekly basis. Let alone the more corrupt actions taken to hide or prevent higher up leadership from being embarassed or found guilty of corruption, i.e. keeping debts and deposits of money off the books, siezing accounts in secret for people who 'are visiting the leaders for tea', i.e. secret detention or supervised holidays in areas without phone or mobile access, i.e. villages outside of military camps on the border, sic. Because the CCP has no oversight, corruption or intelligence requests often have the same veneer of deceptive requirements. The bank has to work with these limitations, illegal requests and proceed with ignorance. While other companies can be folded or disbanded, debts often stay with the person in the company that signed the loans. Which is often why these executives 'escape' in a literal or semi-literal fasion, i.e. ending themselves or committing crimes, hoping to escape being saddled with debts of their bosses / friends / family members. Or they try to escape the country to avoid prison sentences if the crimes are large enough, or the leadership is involved. Typically because the leadership cannot be investigated, even the prosecutor can't bring them in. The lawyers and judges become guilty of crimes if they try to prosecute officials.
@andresgarciacastro1783
@andresgarciacastro1783 Ай бұрын
7:00 It's not struggle, chinese save 50% of their income. It's culture.
@sheikhsadisheikh2120
@sheikhsadisheikh2120 Ай бұрын
Bangladesh studentss are in Danger
@yogi9631
@yogi9631 27 күн бұрын
America same 100 years ago
@Rextreff
@Rextreff Ай бұрын
How is lowered house prices a negative? 90% of Chinese people own their home, and also wages have only been increasing, minimum wage have increased a lot in the pasts 20 years
@matsmcmats
@matsmcmats Ай бұрын
See what happened in Japan in the late 80s.
@fabmanly1070
@fabmanly1070 28 күн бұрын
Rubbish
@blueyhis.zarsoff1147
@blueyhis.zarsoff1147 Ай бұрын
What are the assets that the big 4 have?
@alecs271
@alecs271 Ай бұрын
Tons of real estate debt
@PelleGIT
@PelleGIT Ай бұрын
@@alecs271 Which is probably not worth half of what they report on their books.
@alecs271
@alecs271 Ай бұрын
@@PelleGIT Chinese govt won’t allow them to buy us debt anymore, all they have is developers
@jesseberg3271
@jesseberg3271 Ай бұрын
It turns out that a government led capitalist economy run by the families of the billionaire class suffers from many of the same flaws as a laissez faire economy run by the families of the billionaire class. Who would have thought? It's almost as if the question wasn't one of more government control or less, but rather a particular group within society trying to maintain their own position and power. But no, that would be crazy! /S
@TS6815
@TS6815 Ай бұрын
anti semite
@notusneo
@notusneo Ай бұрын
​@@TS6815 why would you say that? He didnt even write the word jew in his comment? Now post 👃
@HOI4notsoproplayer
@HOI4notsoproplayer Ай бұрын
Chinese capitalism is not lezzeiz freire. Constant inflation intervention, state owned or controlled companies, state especulation and intervention, state controls entire sectors How is ultra-interventionism lezzeiz freire lol? China is run by politicians not billionares
@reescantdance7831
@reescantdance7831 Ай бұрын
So economically illiterate it's hilarious, what a mouth-breather's idea of the issues at hand.
@rice4550
@rice4550 Ай бұрын
China is run by a communist party which has communists in it its not comparable to a liberal capitalist structure
@davisoaresalves5179
@davisoaresalves5179 Ай бұрын
Your black t-shirt is beautiful.
@Seven.Heavenly.Sins.666
@Seven.Heavenly.Sins.666 Ай бұрын
China has a bank crisis? 😆😅🤣😂😂🤣 Six US banks had collapsed since 2023. The US commercial real states have fallen in values that they are for $1😅🤣😂🤣😅😅😆😅🤣
@FemboyLegendGD
@FemboyLegendGD Ай бұрын
Its just crazy propaganda.
@enigma0876
@enigma0876 Ай бұрын
​@FemboyLegendGD you two should get a room.😂
@chench1lla
@chench1lla Ай бұрын
Yes china has weak domestic demand, thats because the people dont borrow money to buy consumer goods, less lending to households wont reduce demand further. China doesnt have a frivolous spending problem like the west.
@skipperson4077
@skipperson4077 Ай бұрын
Chinese people as a whole seem to understand that it's better to save money than to borrow it but the reality is consumer credit has soared in China and is part of the problem. From FirstPost citing Financial Times: "Household debt has surged by 50 per cent in the past five years to around $11 trillion today." (2024 and it should be noted that this figure includes both mortgage and credit card debt). In addition, if I understand it right China blacklists those who can't pay their debts.
@havencat9337
@havencat9337 Ай бұрын
exactly! its a different mentality. as long as the country develops i dont care if the people spend. that is a healty economy
@elzian4975
@elzian4975 Ай бұрын
That is not really a positive thing as you might suggest. Weak consumer demand (especially one that is created by the CCP for ideological reasons) means that Chinese industry will be dependent on foreign markets to sustain itself, which in this increasingly protectionist world puts China into a vulnerable position.
@schloops8473
@schloops8473 Ай бұрын
chinese people are quite frugal indeed... but the ccp isn't and so it's loaded with debt and taxes on consumption would help offset the drop of taxes from exports
@nenoman3855
@nenoman3855 Ай бұрын
The chinese may not be spending money on consumer goods, but they sure love burning cash on real estate.
@highgrounder
@highgrounder Ай бұрын
Pretty sure you’ve used that thumbnail like 3 other times
@strategicplays2977
@strategicplays2977 Ай бұрын
Nice
@bowiebrewster6266
@bowiebrewster6266 Ай бұрын
video on trump soon ?
@prateekbhurkay9376
@prateekbhurkay9376 Ай бұрын
Yeah they've been conspicuously quiet
@rrajdippawskar9853
@rrajdippawskar9853 Ай бұрын
@@prateekbhurkay9376 Ofc they are quiet. TLDR is no "dudh ka dhula" either😂😂
@mikkelv7020
@mikkelv7020 Ай бұрын
There is about 1000 videoes about it already. Even more if you mean Trump generally. Its getting boring to hear about Trump every second of every hour.
@ryanwalters6184
@ryanwalters6184 Ай бұрын
Trump is bullet proof confirmed
@Talisguy
@Talisguy Ай бұрын
There's usually a wait of about a day to a day and a half for TLDR when stories like this come out of nowhere. It happened (in UK time) late on Saturday night, they need about a day to put these videos together because they don't have the resources or format of a 24 hour news channel, and their daily news upload comes out around 4 in the afternoon UK time. It'll probably be coming later today.
@FalconB-i2
@FalconB-i2 Ай бұрын
Covid 😂
@AdrianCHOY
@AdrianCHOY 26 күн бұрын
At least China still has USA treasuries to save their banks? What does USA have to save theirs? Print more USD? Yeah, better rush to print before USD is no longer the Reserve Currency.
@edwardv1219
@edwardv1219 Ай бұрын
Great topic and story but you were massively wrong on one fundamental. This crisis for China is much bigger than that in 2008 for America. Besides the fact the entire banking industry is underpinned by local real estate. The U.S. in 2008 was overbuilt by 8% while China is currently overbuilt by 150%. I don’t know about you but that seems like a big deal to me.
@WarH
@WarH Ай бұрын
63 million home empty.. that’s big
@abhishekmaurya4665
@abhishekmaurya4665 29 күн бұрын
Us bank crisis is not losing here 😂
@jamie.777
@jamie.777 Ай бұрын
Gooooood riddddence to red china 😂
@hagron5702
@hagron5702 Ай бұрын
I can't stand those CRISIS thumbnails anymore. Unsubscribing 😂✌️
@utopian5411
@utopian5411 Ай бұрын
IKR, the majority of Chinese won't deposit money in these small banks. And it's not a big deal if these banks were absorbed by those big banks, it's actually good for citizens...
@user-nq2ic3ce4m
@user-nq2ic3ce4m Ай бұрын
Show correct map of India please!!
@rttrttyan
@rttrttyan Ай бұрын
They didn’t show a map of India in the video…
@user-nq2ic3ce4m
@user-nq2ic3ce4m Ай бұрын
@@rttrttyan they showed china and the state of arunachal pradesh was shaded along with Jammu and Kashmir
@rttrttyan
@rttrttyan Ай бұрын
@@user-nq2ic3ce4m are those disputed territories? If they are, the objective view is to shade them for the country that you are talking about. They are reporting the news, not taking sides.
@user-pd3si5nb3z
@user-pd3si5nb3z Ай бұрын
Electricity?????
@teddybearington3
@teddybearington3 Ай бұрын
❤❤❤
@st.charlesofaberdeen154
@st.charlesofaberdeen154 Ай бұрын
Never heard about this in mainstream news.....big surprise 😂😂😂😂😂❤
@EugeneTChu
@EugeneTChu Ай бұрын
Media is more interested about domestic banking rather than international.
@stephenhalim5221
@stephenhalim5221 25 күн бұрын
because media write it in confusing sentence, no wonder people get their news from twitter
@redseayouth9119
@redseayouth9119 Ай бұрын
Typical western propaganda!! 🤣🤣
@rioluna6058
@rioluna6058 Ай бұрын
Keep crying
@akirayagami4226
@akirayagami4226 Ай бұрын
What's even more funny is that this channel always get the wrong prediction about 🇨🇳. It sure knows who the target audience is😂. What most people don't understand is that u can't just imposed your personal beliefs to twist the fabric of reality. It's just simply not possible.
@redseayouth9119
@redseayouth9119 Ай бұрын
@@akirayagami4226 Exactly!! I don't think those who posted this video know that the biggest lending banks in the developing countries are now Chinese Banks but yet they post this none sense lies.
@jgwizo
@jgwizo Ай бұрын
I asked a medical doctor's knowledge why S Korea has poor relations to N Korea and the explanations was Japan once colonized it before USA. I then asked him about family relations and how they are resolved. I told him USA hates Russia because Russia did not support colonization which is represented by foreign corporations. New vehicles are bought in foreign lands by people who were incubated by their countries and that foreign corporations must share outputs in foreign land to avoid impoverishing hoists.
@loneprimate
@loneprimate Ай бұрын
_Ashyoomed? Conshyoomer?_ What *are* you people doing to the language over there?
@NotUnymous
@NotUnymous Ай бұрын
Yeah...let me guess ..you're an US American and think that you dont talk with dialect? 😅🙈
@muplin
@muplin Ай бұрын
American moment
@sakakaka4064
@sakakaka4064 Ай бұрын
"waaah people are not talking with the same dialect as me waaah waaah"
@monkeeseemonkeedoo3745
@monkeeseemonkeedoo3745 Ай бұрын
It is kinda weird
@markjerue9734
@markjerue9734 Ай бұрын
If youre gonna make fun of European English, at least make fun of it correctly. You actioned the actor incorrectly.
@kinchau4764
@kinchau4764 Ай бұрын
😂another western propaganda 😂🇨🇳🫡
@KungFuWizardOfJesus
@KungFuWizardOfJesus Ай бұрын
Oh sweet summer child…
@jayceh
@jayceh Ай бұрын
The US has lost _70%_ of banks in the last 40 years. I'm sure their economy has collapsed since then.
@rcchin7897
@rcchin7897 Ай бұрын
You can @j and his thumbs are bot accounts since westerners can’t remember financial news older than three weeks. :D
@user-ug9sy6zr6j
@user-ug9sy6zr6j 28 күн бұрын
GOOD LOL 😂
@richardoang8373
@richardoang8373 Ай бұрын
🤣
@billmoore2606
@billmoore2606 Ай бұрын
For the same reason US banks are disappearing
@DK-ev9dg
@DK-ev9dg Ай бұрын
This clown won't talk about that
@dVector13
@dVector13 Ай бұрын
Incorrect. Local US banks are not subject to growth targets by the US government. All legitimate US banks are regulated under FDIC, not just the biggest banks, and banks in the US were disappearing due to bad investment in crypto, not defaulting mortgages. And thats not even the half of it.
@enigma0876
@enigma0876 Ай бұрын
Apples to oranges comparison.
@joelturley4847
@joelturley4847 Ай бұрын
china is in decline 😢 Sad
@1943colin
@1943colin Ай бұрын
'Why are So Many Chinese Banks Disappearing?' What a ridiculous question. Disappearing banks are a feature of Capitalism, which China has embraced in part.
@dillonhatfield7724
@dillonhatfield7724 Ай бұрын
#iam14andthisisdeep
@HOI4notsoproplayer
@HOI4notsoproplayer Ай бұрын
Crazy how china is economically socialist, with all private companies under goverment strict supervision yet everyone is blaming capitalism Blame state-capitalism, not actual capitalism, not the fault of economy politicians are stupid
@mycodingchannel9690
@mycodingchannel9690 Ай бұрын
​@@dillonhatfield7724it's still true tho
@weirdo1060
@weirdo1060 Ай бұрын
Issue is that China is only partly capitalist. In western capitalism, banks could deny loans to risky projects or underperforming businesses. In some circumstances, national, provincial, or local governments force banks to provide loans.
@dillonhatfield7724
@dillonhatfield7724 Ай бұрын
​@@mycodingchannel9690 What he said is true in the same way it's true that there is a smartest kid on the short bus. Ya, there is a smartest kid on the short bus, but....
@havencat9337
@havencat9337 Ай бұрын
no need to panic, all countries do the same, consolidate and have less nd bigger banks. If everyoe does it...i guess it normal
@samjolproductions5128
@samjolproductions5128 Ай бұрын
Dislike the blurry background, makes the video a lot less personal and more uninteresting.
@Nunya58294
@Nunya58294 Ай бұрын
Then don't watch it. Simple!
@samjolproductions5128
@samjolproductions5128 Ай бұрын
@@Nunya58294 I want to watch it, I am just suggesting that they keep their old background.
@howardmurphy743
@howardmurphy743 Ай бұрын
i bet its messy, prob redectorati,g , other vids were somewhere else
@rubenfigueiredo3458
@rubenfigueiredo3458 Ай бұрын
@@Nunya58294 Are you 14 or something? Feedback is a productive part of improvement.
@tempy2440
@tempy2440 Ай бұрын
​@rubenfigueiredo3458 the writing style suggests older person imo.
@genralvilola7489
@genralvilola7489 Ай бұрын
wait you have 2 dudes????
@rttrttyan
@rttrttyan Ай бұрын
There are multiple people, both male and female, working to produce these videos…
@oceanblueavanue
@oceanblueavanue Ай бұрын
NatWest was saved by British tax payers,did the tax payer get anything back? Chinese have every right to protect its infrastructure and industries
@well-blazeredman6187
@well-blazeredman6187 Ай бұрын
HMG is still selling down its stake - so yes, it has got something back. And the bank will pay a lot of corporation tax in the years ahead.
@maasicas
@maasicas Ай бұрын
I hear begging for subs and likes...i click away.
@armintargaryen9216
@armintargaryen9216 Ай бұрын
Then you must be able to watch only about 10% of KZfaq's content lol
@Balorian
@Balorian Ай бұрын
Odd how I still hear about how great communism is and how we should all vote for the extreme left, yet when I look around the world at the communist countries, it always seems to be stories like these.
@davidk.d.7591
@davidk.d.7591 Ай бұрын
Communism is nonsense, but most of China's issues are a result of capitalism
@HOI4notsoproplayer
@HOI4notsoproplayer Ай бұрын
​@@davidk.d.7591 correction: state-capitalism, which is bassically socialism except there are 2 or 3 private companies that are irrelevant
@cwpv8444
@cwpv8444 Ай бұрын
Why was credit Suisse not mentioned nor the general bank meltdown in the west last years?
@matsmcmats
@matsmcmats Ай бұрын
Because the video is about China?
@PelleGIT
@PelleGIT Ай бұрын
Credit Suisse was just struggling but was acquired by UBS, another publicly traded bank. Thats how a market economy works. Not like in China where the banking system is own by the government. In the US there were some banks that went under. Again, that is normal in a market economy. In China the banks or companies are propped up by the government and become zombie companies that just burn through money and not allowed to go under. Just like we see in the Chinese EV industry. Just a bunch of loss making companies being propped by with subsidies etc.
@greatndit
@greatndit Ай бұрын
No , china economy is fine and their growth is up to 7% per year
@Gltdoors
@Gltdoors Ай бұрын
I think it's also worth mentioning that an authoritarian regime benefits from a more consolidated financial sector. They also benefit from a poorer general public. I admit I'm speculating, but I suspect a lot of the Chinese economic woes are actually the result of things going according to plan... Xi's plan. He openly admits to not being a big fan of the way things have been done since Deng Xiao ping opened China up to the west.
@zacksmith5963
@zacksmith5963 28 күн бұрын
😂China 'socialism with Chinese characteristics' is improving the livelihoods of Chinese people. when 'free' capitalistic market does not have guardrails' it is no better than communism.US is a plutocracy- a 'crony-capitalism' that allows corporations to control your 'democracy' which means you have no democracy. you complain about 'Xi's' 'dictatorship but your US system is no better. controlled by oligarchs that you call philanthropists. . you are hypocritical to criticize another country when yours is no better!! And you have NO knowledge of how the CPC system works. Instead you spread fear of 'communism' instead of going through an actual analysis of how the CPC governs. It is not perfect, it may be terrible, but the US system is no better!!
@zacksmith5963
@zacksmith5963 28 күн бұрын
Which country is named west? Point it on the map
@ILLTELLYOUWHY247
@ILLTELLYOUWHY247 Ай бұрын
Great content! I've created a video about Chinese investments in Africa, Latin America and Asia. It's really interesting how they behave there. You're welcomed!
@RobertWeigelt-df6lb
@RobertWeigelt-df6lb Ай бұрын
.
@perfectobasilio6224
@perfectobasilio6224 Ай бұрын
Chinese don’t have anymore money and military are starving…
@Souchirouu
@Souchirouu Ай бұрын
Always funny to see people who have only ever heard about western economy models trying to explain the Chinese one. Like how western leaders have convinced all its people that inflation isn't that bad not understanding that slow inflation over a very long time still has the same effect of hyper inflation as we can clearly see in the cost of living problems in the US/EU and others countries with similar models. This constant inflation requires a wage spiral as well and with every percentage that goes up you become that much less competitive on the global market. The property crisis is also not something that just happened by accident. The bubble was planned because it's way more efficient and far less expensive to scale up massively and then build a lot all at once than keeping supply chains small and trickling in as we see in pretty much every country with a housing crisis. In return over 85% of Chinese citizens in urban area's own their own house and in rural area's that goes up to 95%. Heck, most of those homes have been passed on for generations as China has lax inheritance taxes for things like that. They recognize that squeezing 10~50% of its citizens income on just rent or mortgages is a waste of economical potential and makes people really unhappy when they are just a single paycheck away from being homeless like is the case in the US. Which brings me to another part of economies people really just don't seem to grasp. When investment into property for example stops the money doesn't just disappear.. it will just invested elsewhere. In the end the economy is just made up out of markets and what happens in those markets is what really matters currency is just the lube that makes the process run smoother where as in the west the currency is the goal. That is why the US can continue to technically call itself the largest economy even though China produces war more goods.
@matsmcmats
@matsmcmats Ай бұрын
The bubble was planned... Sure! 😂😂😂 Why did Xi then say homes are for living in and not speculation? Why did they introduce the red lines for banks if all was well?
@ajx9747
@ajx9747 Ай бұрын
0:39 Taiwan is an integral part of PRC 🇨🇳🇨🇳🇨🇳
@jxxxxx44
@jxxxxx44 Ай бұрын
🤡
@wilianrodrigues5280
@wilianrodrigues5280 Ай бұрын
@@jxxxxx44 How rude of you! Clowns don’t need to be flamed like that!
@tradefortutara9608
@tradefortutara9608 Ай бұрын
🇹🇼
@rubenfigueiredo3458
@rubenfigueiredo3458 Ай бұрын
seethe
@user-uf1uq4yn1q
@user-uf1uq4yn1q Ай бұрын
Taiwan belongs to Taiwanese
@ronniebouchar9484
@ronniebouchar9484 Ай бұрын
How many banks have disappeared by far? Do u have a list?
@tipupakoro5729
@tipupakoro5729 Ай бұрын
Hey is this a Hindu media propaganda platform. lol
@flowertowerrr
@flowertowerrr Ай бұрын
LOL looks like America in 1900s. Kinda cool
@Forsthman64
@Forsthman64 Ай бұрын
Hate to break it to you, bro, but weak demand and over-supply are the same thing.
@akshatkanwar8767
@akshatkanwar8767 Ай бұрын
Weak demand can lead to oversupply, but they can also exist independently of each other
@NotUnymous
@NotUnymous Ай бұрын
No, they are not.... Geez,...what happened that so many without any knowledge know feel the need to embaressing themself by pretending
@Burito-tj5ry
@Burito-tj5ry Ай бұрын
If you produce twice as much food, you cant just eat twice as much
@Forsthman64
@Forsthman64 Ай бұрын
@@Burito-tj5ry No, you export the excess and trade it for something else you want.
@Forsthman64
@Forsthman64 Ай бұрын
@@NotUnymous Pretending what? Also - actually offer counter-argument, please, not speculation of level of knowledge.
@ronniebouchar9484
@ronniebouchar9484 Ай бұрын
how much of your words are hearsay? or your own imagination?
@deathscythe767
@deathscythe767 Ай бұрын
I'm glad Jack did the sponsor bit because it got auto skipped. Eyy.
@imranchowdhury3620
@imranchowdhury3620 Ай бұрын
😥😥😥😥🇧🇩🇧🇩🇧🇩🇧🇩🇧🇩🇧🇩😥😥😥😥😥
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