Truly disgusting what those citizens are subjected to.
@DK-gj5spКүн бұрын
Another clown show here.
@kevoreilly6557Күн бұрын
I honestly can’t believe this crap won the noble prize.
@lukaszslowakiewicz9395Күн бұрын
If you only allow red cats to catch mice (instead of black and white cats) it won't be very effective.
@mennobaron975Күн бұрын
Thanks so much for unlocking the largest economic Black Box in the world!
@UnpopularopinionbutitsokКүн бұрын
Great video my guy
@tchuannКүн бұрын
Sounds like another Gordon Chang
@midimusicforeverКүн бұрын
It's a broken system.
@Drbob369Күн бұрын
CCP leadership are regulars at Diddy parties 😅😅😅
@brucekellett440Күн бұрын
Seems that the CCP has copied the US FICA tax system very well. Funding their health system is going to be a problem given their demographic situation. I believe you mentioned that the CCP is allowing in western medical institutions, allowing private health care companies to operate.
@rondewitt62382 күн бұрын
Wow! What a scam…Social Security is meant to be funding people’s future not to be spent by the government…and the burden on the companies is huge
@markpurslow74462 күн бұрын
In the video, when the person takes the cash out of the machine, how much is that roughly
@HaythemHaddad52 күн бұрын
Thank you for sharing. Financial education is crucial today to show incredible resilience and discipline in the volatile market, masterfully balancing strategy and insight for success. This dedication to continuous learning is inspiring...managed to grow a nest egg of around 2.1BTC to a decent 15B TC in the space of a few weeks... I'm especially grateful to Seren Wintersun, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape..
@HaythemHaddad52 күн бұрын
SHE IS ON TELE GRAM.
@HaythemHaddad52 күн бұрын
@Serenwintersun
@lburg992 күн бұрын
Get yourself someone like Seren Wintersun who understands the market very well and is also a professional in placing trades. That's the key.
@NullaSempre2 күн бұрын
What I appreciate about Seren Wintersun. is her ability to tailor strategies to individual needs. She recognizes that each investor has unique goals and risk tolerances, and she adapts her advice accordingly.
@Kathleendinges2 күн бұрын
The key to financial stability is having the right investment suggestions for a diverse portfolio. Many investment failures and losses happen when you invest without proper guidance.
@user-zo6xg8bx4l2 күн бұрын
The EVIL and IGNORANT CCP.
@kaimingraymondchoi99092 күн бұрын
All rubbish by reference to recent economic performance.
@vinhlongphan10802 күн бұрын
Thanks Don. 👍
@Fr.VeniceLAI2 күн бұрын
The other conclusion is " PRChina's economic development and growth situations, presently have been decisively caught in the "Middle-Income Trap", i.e. the peoples' income levels no longer can advance or move higher to attain the Higher-Income Level. The signs are as such:- 1.Economic Growth Slowdown: After an initial phase of rapid growth driven by low-wage manufacturing. Foreign Investments FDIs, & also resource exploitation, presently struggle to transition to more complex/High-Tech industries, as Global de-risking & diversification from PRChina have begun in earnest ...as well as sanctions imposed on further High-Tech transfers to PRChina. 2.Lack of Innovation: PRChina faces huge challenges in fostering innovation and technological advancement, as its manufactured goods are encountering trade sanctions and HIGHER TARIFFS, making it difficult to compete globally, eg. "Made in China" E-vehicles exports and Solar Panels. etc. 3.Weak Institutions: Poor governance, high corruption, can hinder economic development and investment, as Chinese Wealthy Billionaires are fleeing PRChina as their businesses are facing Crackdowns and 30-years taxation audits. 4.Education and Skills Gap: Compulsory & intense studying of Chinese Communist Doctrines wasted young Chinese valuable learning schedule to pursue real academic subjects, in Science and Mathematics, as well as unable to learn the English Language. Consequently ..A Chinese workforce lacks higher-level skills can limit productivity and competitiveness. 5.External Competition: As wages rise, other South-East Asia countries having better cost advantage & lower-income start-ups to taking-over the manufacturing from PRChina.
@djparn0072 күн бұрын
Thank you, Don. 👍
@chuckley992 күн бұрын
Thanks Don
@taylorvanallen48072 күн бұрын
I’ve been watching all your videos. Thank you. Trying to educate myself more on the Chinese economy.
@DK-gj5spКүн бұрын
He knows nothing. Watch some KZbin videos about China economy
@Michael-o3h2 күн бұрын
Its pretty sad in the US. All the extremely wealthy people pay next to no taxes, like bezos, twit boy, dump, bidey, harrass, sucker, gater and all those other big name embarrassments. Yet the poor homeless starving unemployed uneducated citizens are paying through the nose, Why? Because your all backward. I feel so sorry for all the ordinary citizens of the US that are paying for the mass murder of Gaza and Ukraine 😅😅😅
@Lee-os5jq2 күн бұрын
You are a joke, be personal with Xi, the stupid virtue of Freedom.
@Lee-os5jq2 күн бұрын
You are a joke!
@diggingtochina3 күн бұрын
Help me grow the channel by donating any amount through the link below-your support makes a difference! paypal.me/DonXiang
@midimusicforever3 күн бұрын
Xi can't stop the tide.
@owl62183 күн бұрын
it is very lazy and pedestrian to get stuck in this 'they are the evil, we are the good' story. while you are chanting it, you will switch sides, do evil, and still keep proclaiming goodness
@owl62183 күн бұрын
is the 2 party system pluralistic anymore?????do not need to be for the ccp, but being against it just to support ppl who want to bring it down for their gain is unnecessary. nobel has lost its credibility for a long time now.
@owl62183 күн бұрын
are you saying the westrn governments are inclusiive, not extractive? and that china is not inclusive and it is extractive?are there no elites in the west towards whom all the wealth is moving? i do not think it is binary, like that. it is possible china will sort out problems and bring prosperity to its people
@MoonMan30003 күн бұрын
Great job on this video Don! This was by far my absolute favorite video from Digging To China, keep up the good work Comrade👏🫡
@richardlawson55653 күн бұрын
good info
@fernet83943 күн бұрын
Thank you. Quite inspiring.👍
@louisgiokas22063 күн бұрын
Don, while I generally agree with your analysis, I wonder why you put in the American revolutionaries at about 9:00. The industrial revolution had little, if anything, to do with the American Revolution. In fact, the industrial revolution only began to reach the Americas a decade or so before the Revolution. I have read some historians who wondered why there was a revolution in the American colonies of Great Britian on economic grounds. At that time land was still the main source of wealth. Because of that the American colonists were actually wealthier than their British counterparts and that wealth was much more widely spread. In fact, a better example/analysis would be the reforms in the UK in the early 19th century. By then the industrial revolution had indeed changed the economic and political map. Until the Reform Act of 1832 an outdated set of constituencies gave outsized political power to the landed gentry while the now more prosperous cities had almost no representation. This was a phenomenon known as the "rotten borough". I actually visited one of these while living in England. Actually, this phenomenon may well have been a reason for the decennial census. One of the purposes was to revise legislative districts in the US House of Representatives. What is very interesting is that the UK did this without a revolution.
@Lee-os5jq3 күн бұрын
Things you say are a lot of abstract concepts without concrete facts, and when you use facts then you understand in terms of abstract words like the environment and make a superficial statements. The technological advancements were all done in Europe before the WWII and today is the extension of that and they all were under the authoritarian governments. Great Britain was not democracy not until after the WW II by the force of USA. But like USA, they are still ran by the Corporate elites. German also was force to have democracy. As for North Korea because after the WW II America divided the Korea Peninsula with the Axis of Freedom in half and sanction North Korea for getting the food from outside, now with Russia North Korea will not go hungry. The Nobel Prize is club of the NeoCapitalism. In America we have the appearance of pluralist democracy but it is rule by the Corporate elites. The appearance says, We the People.. but in reality it is We the Corporations. The election is just the Bread and Circuses, we are in the cave and be happied seeing the shadows. So we have superficial includsive government but extractive economcy of Capitalism. USA government made Corporations as a person and now we have rented ecoonomy from the extractive Corporations. That is much more need to be said about your narrative nonsense but for now I leave it right here with all seeing eye of the Capital Pyamid.
@charleswomack21663 күн бұрын
The CCP is not only authoritarian, but totalitarian! Outstanding video Don!
@johnhorne99773 күн бұрын
America is a limited extractive economy because it is inclusive for everyone who can further their extraction.
@diggingtochina3 күн бұрын
Help me grow the channel by donating any amount through the link below-your support makes a difference! paypal.me/DonXiang
@diggingtochina3 күн бұрын
Help me grow the channel by donating any amount through the link below-your support makes a difference! paypal.me/DonXiang
@glenngrowe71053 күн бұрын
Excellent presentation on a crucial aspect of economic development with political implications. Thank you, Don.
@Liz-sc3np3 күн бұрын
I’m definitely going to get this book.
@brucekellett4403 күн бұрын
Also, your presentation skills have become very good and matched with your direct knowledge of China makes these video's an important source of information.
@brucekellett4403 күн бұрын
True, true, true. Now what can the west do to nudge the CCP towards a more inclusive society?
@mskmsk71744 күн бұрын
Another great expose of the CCP.
@colgategilbert80674 күн бұрын
Thanks Don. The Book is available on Kindle.
@MrBruintjebeer4 күн бұрын
This is why i watch your videos. Great.
@bellybull4 күн бұрын
mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
@hiroshinagoya24694 күн бұрын
Tiananmen massacre HAPPENED because the Chinese people wanted to keep the economy and social progress without the CCP regime using the Chinese people as SLAVES but citizens of China.
@rursus83544 күн бұрын
No. Nobel Prize or not: this discourse totally misses the point fuzzed behind a verbiage of vacuous definitions. A sound state is a strong centralized democracy with a strong social contract (strong welfare), it suppresses all tendencies of undermining the democratic system and its own function from the private sector or other actors, as well as supporting new emerging innovators by taking money from the richer non-innovators.
@sheldonwheaton8814 күн бұрын
I suppose the Stuarts were extractive.😆
@kryts274 күн бұрын
Did a Chinese inventor experiment with steam power? Particularly during the inventive Song Dynasty? The ancient Greeks invented a steam powered toy, more akin to a steam turbine than a reciprocating engine, by Hero of Alexandria first century BC aeoliphile.
@MarshaBonForte4 күн бұрын
Even a little bit of pluralism in China would go a long way.