China Economic Growth Shocks Wall Street! US Dollar in SERIOUS Trouble

[@CyrusJanssen]

Thank you Lear Capital for sponsoring today's video! Learn more about investing today with Lear Capital 👉 Call them today at 800-489-6450 👉 or go to LearCyrus.com

[@Shenzhou.]

They've been saying that about China since 3 decades ago. _1990. The Economist: China's economy has come to a halt._ _1996. The Economist: China's economy will face hard landing._ _1998. The Economist: China's economy entering a dangerous period of sluggish growth._ _1999. Bank of Canada: Likelihood of a hard landing for the Chinese economy._ _2000. Chicago Tribune: China currency move nails hard landing risk coffin._ _2001. Wilbanks, Smith & Thomas: A hard landing in China._ _2002. Westchester University: China Anxiously Seeks A Soft Economic landing._ _2003. KWR International: How to find a soft landing if China._ _2004. The Economist: The great fall of China?_ _2005. Nouriel Roubini: The Risk of a Hard Landing in China._ _2006. International Economy: Can China Achieve a Soft Landing?_ _2007. TIME: Is China's Economy Overheating? Can China avoid a hard landing?_ _2008. Forbes: Hard Landing in China?_ _2009. Fortune: China's hard landing. China must find a way to recover._ _2010. Nouriel Roubini: Hard landing coming in China._ _2011. Business Insider: A Chinese Hard Landing May Be Closer Than You Think._ _2012. American Interest: Dismal Economic News from China: A Hard Landing._ _2013. Zero Hedge: A Hard Landing in China._ _2014. CNBC: A hard landing in China._ _2015. Forbes: Congratulations, You got Yourself A Chinese Hard Landing...._ _2016. The Economist: Hard Landing looms for China._ _2017. National Interest: Is China's Economy Going To Crash?_ _2018. The Daily Reckoning: China's Coming Financial Meltdown._ _2019. Zero Hedge: Seven Reasons Why China Is Facing A Hard Landing In 2019_ _2020. Forbes: Remember The China 'Hard Landing'? We Got One._ _2021. Bloomberg: Chinese economy risks deeper slowdown than markets realize._ _2022. Bloomberg: China Surprise Data Could Spell R-e-c-e-s-s-i-o-n._ _2023. Bloomberg: No word should be off-limits to describe China's faltering economy._ ... Yet it's already 2024 and China's economy is still going strong.

[@Shenzhou.]

_1990. China's economy has come to a halt. The Economist._ _1996. China's economy will face a hard landing. The Economist._ _1998. China's economy’s dangerous period of sluggish growth. The Economist._ _1999. Likelihood of a hard landing for the Chinese economy. Bank of Canada._ _2000. China currency move nails hard landing risk coffin. Chicago Tribune._ _2001. A hard landing in China. Wilbanks, Smith & Thomas._ _2002. China Seeks a Soft Economic Landing. Westchester University._ _2003. Banking crisis imperils China. New York Times._ _2004. The great fall of China? The Economist._ _2005. The Risk of a Hard Landing in China. Nouriel Roubini._ _2006. Can China Achieve a Soft Landing? International Economy._ _2007. Can China avoid a hard landing? TIME._ _2008. Hard Landing In China? Forbes._ _2009. China's hard landing. China must find a way to recover. Fortune._ _2010: Hard landing coming in China. Nouriel Roubini._ _2011: Chinese Hard Landing Closer Than You Think. Business Insider._ _2012: Economic News from China: Hard Landing. American Interest._ _2013: A Hard Landing In China. Zero Hedge._ _2014. A hard landing in China. CNBC._ _2015. Congratulations, You Got Yourself A Chinese Hard Landing. Forbes._ _2016. Hard landing looms for China. The Economist._ _2017. Is China's Economy Going To Crash? National Interest._ _2018. China's Coming Financial Meltdown. The Daily Reckoning._ _2019. Seven Reasons Why China Is Facing A Hard Landing In 2019. Zero Hedge._ _2020. Remember The China 'Hard Landing'? We Got One. Forbes._ _2021. Chinese economy risks deeper slowdown than markets realize. Bloomberg._ _2022. China Surprise Data Could Spell R-e-c-e-s-s-i-o-n. Bloomberg._ _2023. No word should be off-limits to describe China's faltering economy. Bloomberg._ _2024. China's Economy Slump Is Here to Stay. The Economist._ ... (Thanks to Cyrus for providing the headline for 2024.)

[@jeffhicks8428]

With this crank filled promotional video you're debasing yourself faster than the US dollar.

[@qake2021]

👍👍🇨🇳🇨🇳🇨🇳👏👏

[@ScoobieDoo-zy1rh]

@@jeffhicks8428salty😂

[@ChristopherAbelman]

Due to the state of the dolar, My advice to new investors would be: Buy good companies stocks and hold them as long as they are good companies. Just do this and ignore the forecasts and market views which are at best entertaining but completely useless.

[@HildaBennet]

As with any big financial decision , it’s important to keep your guard’s up for economic risks. However, smart planning, time management and seeking advise from a fiduciary can help keep you and your money safe.

[@PennyBergeron-os4ch]

Yes i agree and right now the markets are going berserk right now. This is the best time to watch them, get to know them better, and strike when the opportunity presents itself. I learned that from my mentor, she's seen dozens of market cycles over the past few decades, and she has a feel for how they move, why they move, and what comes next.

[@JosephineKenney]

I’ve actually been looking into advisors lately, the news I’ve been seeing in the market hasn’t been so encouraging. who’s the person guiding you?

[@PennyBergeron-os4ch]

I'm not so comfortable making recommendations on the internet, but since her webpage is public accessible, she's Sonya Lee Mitchell, a simple search with her name will suffice.

[@lolitashaniel2342]

I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an email shortly.

[@micheal_mills]

Well it's time for the BRICS- New World Order to come up with a default reserve currency or simply go back to gold as the reserve. It will be too chaotic for each country to trade in their respective currencies with the daily change in exchange rates.

[@donna_martins]

All big corps are just a cohort of centralised system working together, and any damage to one can have a dangerous ripple effect on every other one. I learned a long time ago to not trust corporations. Most of my money is in the stock market and my businesses. I keep only what I need to spend in my checking account.

[@Walter_hill_]

Iron-ically, these are the conditions in which life-changing money is made by those who remain calm, patient, and take controlled risks. Vola-tility goes both ways. The banks are in a big crisis. The mar-ket looks very shaky. The bigger the red candles, the bigger the green ones. I have made over 280k in the last 4 months by invest-ing through my FA

[@Trevor_Morrow_LTD]

How can I reach this ad-viser of yours? because I'm seeking for a more effective inves-tment approach on my savings

[@Walter_hill_]

Finding financial advisors like Vivian Jean Wilhelm 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.

[@Trevor_Morrow_LTD]

I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a call.

[@BrandyHeng007]

Imagine this scenario.. 1 BRICS coin = 1gm of Gold 100 Dollar= 1 Banana

[@JohnCarey-bw1cd]

Brandyheng007 I like that 😅

[@jameshaluska7644]

😂😂😂

[@aboucard93]

@@JohnCarey-bw1cdI don't like that. I'm fully invested in dollars and so is most Americans

[@rickywong2030]

100 dollar = 1 roll toilet paper.

[@targetedfordeath359]

Have you been to a store lately, one dollar does equal one banana !!

[@relaxwhc]

If you believe China is a peaceful and progressive country, raise your hand 🙋👍✋

[@iseemtobelost8265]

It’s nuanced. But it is a lot better than America

[@daraghokane4236]

@@iseemtobelost8265 Its foreign policy is better then americas but for workers rights etc there worse

[@Hesham_MK]

🙋‍♂

[@franciskenyi3139]

In China you don't get shot , but in the U S A you do.

[@iseemtobelost8265]

@@franciskenyi3139 definitely a + for china

[@Seaden-Kuanden]

Question is when has western experts gotten right on predicting China?

[@Fanstic10]

Or Russia

[@stchan8569]

Warren Buffet has bought big BYD shares. He is an expert who got it right.

[@henryhuang4852]

To be correct Charlie munger is the one invested in byd, their companies/ funds merged and that's why shows warren buffet invested in byd.

[@christopherbong6639]

Western experts has been wrong predicting their own economy.

[@andresusanto7163]

Never!

[@Shenzhou.]

_1990. China's economy has come to a halt. The Economist._ _1996. China's economy will face a hard landing. The Economist._ _1998. China's economy’s dangerous period of sluggish growth. The Economist._ _1999. Likelihood of a hard landing for the Chinese economy. Bank of Canada._ _2000. China currency move nails hard landing risk coffin. Chicago Tribune._ _2001. A hard landing in China. Wilbanks, Smith & Thomas._ _2002. China Seeks a Soft Economic Landing. Westchester University._ _2003. Banking crisis imperils China. New York Times._ _2004. The great fall of China? The Economist._ _2005. The Risk of a Hard Landing in China. Nouriel Roubini._ _2006. Can China Achieve a Soft Landing? International Economy._ _2007. Can China avoid a hard landing? TIME._ _2008. Hard Landing In China? Forbes._ _2009. China's hard landing. China must find a way to recover. Fortune._ _2010: Hard landing coming in China. Nouriel Roubini._ _2011: Chinese Hard Landing Closer Than You Think. Business Insider._ _2012: Economic News from China: Hard Landing. American Interest._ _2013: A Hard Landing In China. Zero Hedge._ _2014. A hard landing in China. CNBC._ _2015. Congratulations, You Got Yourself A Chinese Hard Landing. Forbes._ _2016. Hard landing looms for China. The Economist._ _2017. Is China's Economy Going To Crash? National Interest._ _2018. China's Coming Financial Meltdown. The Daily Reckoning._ _2019. Seven Reasons Why China Is Facing A Hard Landing In 2019. Zero Hedge._ _2020. Remember The China 'Hard Landing'? We Got One. Forbes._ _2021. Chinese economy risks deeper slowdown than markets realize. Bloomberg._ _2022. China Surprise Data Could Spell R-e-c-e-s-s-i-o-n. Bloomberg._ _2023. No word should be off-limits to describe China's faltering economy. Bloomberg._ ... But it's already 2024 and China's economy is still going strong

[@ramed1954]

Gentleman, that is what is called a free press consistent in its narrative. Jijijiji!!

[@freddyeltigre2327]

One more reason , not to listen too MSM which only plays too their narrative, which is 96.66% BS.

[@frankm6218]

The media are nothing but political mouthpieces.

[@petergreen5337]

❤Thank you very much for this summary. May I use it ?

[@chongdi6140]

Their nonstop BS is nauseating

[@NateFrodahl]

The government has really called things more difficult for its citizens, and we can't sit back and bear all the consequences of the bad governance. It's obvious we are neck dip on inflation,it is always the poor who take the hit.

[@anlatak]

I feel sympathy and empathy for our country, low income earners are suffering to survive, and I appreciate Caroline. You've helped my family with your advice. imagine investing $30,000 and receiving $95,460 after 28 days of trading.

[@Robello625]

I'm surprised that this name is being mentioned here, I stumbled upon one of her clients testimony on CNBC news last week.

[@ScottMaldo]

​@isaill-dThis sounds so good and I would like to be a party to this, is there any way I can speak with her?

[@Carlaer]

All signs point to 2024 being a year of significant economic hardship for the entire nation. Put your cash to use straight away to increase its value. I was aware I needed to invest. But had no idea how quickly a few thousand dollars a month could go up. Though it subdued in 2022, I've made about $390k

[@Jaioftf]

Wow great info! i will give her a shot with $2k just for a start

[@pbworld7858]

Reminds me of the gambling addict who, despite racking up more and more debts, continues to gamble more and more. It won't end well.

[@aniksamiurrahman6365]

Why not. Cos, when US goes to debt, the entire world pays.

[@directxxxx71]

​@@aniksamiurrahman6365 People are waking up

[@bobbybanks77]

Yea that is why the US and west are finished

[@1bhaihay]

The Chinese are just focused hard workers, don't go in for speculation.

[@Sammyli99]

they are focused hard workers, because, they do go for speculation, LOL, biggest gamblers on the planet.

[@mengreat6982]

Socialism government policy matters.

[@1bhaihay]

@@Sammyli99 Work is work, gambling is gambling. Where do they get the money for gambling if they do not work? LOL!

[@Sammyli99]

@@1bhaihay read the comment, thanks for confirming what I said LOVE from Asia. No question mark, it was an agreement of a circle, you need to work hard to pay your gambling debts. No little Gen Z go get a "they" change or a pampers change...what ever.

[@LyricsQuest]

And the shanghai stock exchange is based on what... again...

[@thetruedemocraticnorth]

IMF is too cowardly to do an update on china's gdp

[@yfelwulf]

China is the world's biggest economy they all know China plays it down

[@aJarrowLad525]

As if ha ha ha

[@grandwonder5858]

IMF = the biggest debt trap the world has seen! It’s the US’s tool to set up countries into debts so that the US could seize their natural resources later on! Fine example: Argentina!

[@raymondcalitri624]

That's because it would expose d myth of the US being the largest economy

[@Amadeus8484]

Their organization won't exist when the USA collapses and they know it.

[@sting_grayl]

The only American who won't acknowledge this Administration's failed economic policies is Joe Biden. "Shrink-flation' is the least of our worries compared to rising rents and stagnant wages, but it is an undeniable indicator of how bad our inflation has gotten. I have $100k that i like to invest in a non-retirement account, any advice on that?

[@WestonScally7614]

I would avoid index funds, mutual funds, and specific stocks for the time being. Right now, the best option is a fixed income of five percent. Put money aside for the times when the market really starts to bounce back.

[@FelineAirstrip]

45% of Americans do not invest in the stock market because of lack of guidance. Every year you don't invest, you are falling behind. I’m hitting numbers in the stock market I used to dream of… Going from $50k to $600k in my portfolio is surreal all thanks to insights from my financial advisor.

[@SaintYvess]

This is definitely considerable! think you could suggest any professional/advisors I can connect with? I'm in dire need of proper portfolio allocation

[@FelineAirstrip]

*Jennifer Leigh Hickman* is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.

[@sting_grayl]

Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

[@sfukuda512]

What is interesting is the idea that "we have not seen debt levels like this since WW2". That era was starkly different. At the end of the war, the US was the only industrialized nation around. They were able to quickly put all that excess cash into rapidly expanding the economy and giving people a better standard of living. That option no longer exists. Structurally, the US can only give money to the people who need it the least: banks, large corporations, and the defense industry. If we want the US to re-industrialize and become "competitive with China" somehow, this will not be possible without a complete revolution in our government, financial, and education systems.

[@dranzacspartan8002]

Mate, I've never read such crystal summarisation of the economic problems of USA. Well done.

[@randygraham926]

That's a very accurate summary! U.S. emerged completely dominate on the world stage from WWII. The Soviet Union had lost 26 million people due to the Nazi invasion and 1/3 of the Soviet economy and infrastructure had to be rebuilt. That actually put them at a huge disadvantage in the Cold War that followed. Currently, the U.S. has run up immense debt but much of that investment has been squandered on the military, wars, and bailing out Wall Street, banks, and corporations. U.S. faces a huge headwind to modernize and compete despite the dominance of its tech companies and the dollar. 🤔

[@dranzacspartan8002]

@@randygraham926 Wow, there are observant mates all around the world. Glad to see people exist who can see through the media contamination we've all been fed.

[@aniksamiurrahman6365]

Don't forget, they had all the European and Colonial gold they got from warring European powers.

[@mchbayern1075]

All what they do now is trying to get China into a conflict or overthrow Chinese government as advocated by certain „mad politicians“ in the US. US in decline

[@ariesmarsexpress]

The situation is even worse for the UK whose GDP has been flat since 2008.

[@barrieroberts75]

​@gktang3925big difference, the UK doesn't have any " Industrialists " we have lots of spivs and wide boys in the city, Thatchers closed most if not all of our industry's, we are now a service industry and a historical theme park, we make nothing and if someone invents something they go to Asia to produce it re Dyson ect

[@jeremyheung6582]

@gktang3925 英国和德国有很大的区别，德国还有很强大的工业，仅此于中国，大概和日本相当。但英国的经济主要依靠于金融和服务业。

[@chunyamng4233]

Even the British is on the way down ，but still make trouble all over the world ，

[@ariesmarsexpress]

@@chunyamng4233 I think it's because they are on their way out that they are causing so much trouble. Hell hath no fury like a woman scorned.

[@JohnLee-]

Pay back for what happen the last 200 years

[@Andres_853]

With the recent news about China's economic growth, I'm feeling uneasy about my investments.

[@louisahernandez]

Good point.. the market has been crazy lately, a few surprises here and there.. with all the global happenings taking place I think it’s safe to say that a severe global recession is looming..

[@Jonesmatsunaga]

Oh yeah! You can definitely say that, it does worry me a bit, but not as much as it would worry the average guy, my investment portfolio has survived a couple of recessions unscathed.

[@Jonesmatsunaga]

Been privileged to be guided under the stewardship of an extremely gifted investment manager by the name Eric Paul Elmer

[@V.stones]

Does that work?

[@Jonesmatsunaga]

Sure.. Eric Paul Elmer has a really unique gift of being able to looking far ahead down the road to spot future investment portholes and possible major mishaps, so he helps me make the safest investments and also helps me hedge all my investments against possible future downturns

[@herta3286]

Keep printing USD, it'll soon be junknotes

[@Aapig]

Will Yellen say there is an overproduction of dollar bills?

[@sammygit9486]

@@buymecola1 Nah China can't do the same because unlike the dollar, yuan isn't reserve currency. If it prints like US and increases money supply you'll see inflation. Instead there's little to no inflation and some degree of deflation in China

[@Jaegar19Ultima-u9d]

It was junk the day it was implemented.

[@chinaboss6683]

Fate of all fiat currency.

[@vchanpe1]

I am buying chinese real estate bc prices are low and if US dollars are devalued, my chinese assets would be relatively more valuable.

[@djolekoraja]

No problem.... just print more money and America is safe 🤣🤣🤣 soon dollar can replace the toilet paper so keep it!!!

[@Omanörn-q5u]

😂😂😂😂

[@aniksamiurrahman6365]

Actually, yes. Cos, when America goes into debt, everyone else pays. Also, note that USD is stronger against almost every other currency of the world.

[@stchan8569]

If one has diarrhoea, the arse will be sore from cleaning with the hard paper.

[@stephenlock7236]

The USD is not even equivalent to toilet paper. It is too small and coarse to serve its purpose.

[@smsajeeb7334]

The value of usd increased against every other currency

[@sonnyjim5268]

The Chinese economy will grow even more when they realise they have a middle class that is larger than the entire population of North America. They have no need to export to NA for worthless, printed money when they have a ready supply of customers right at home. They'll have the added bonus of raising the standard of living for their citizens.

[@Sammyli99]

yes, my thoughts too, BUT its a 20 year taper, as the Kiddies have to come through, and aren't , so they need to work longer, make more babies or import people.

[@BN-em9qx]

Send items to Russia/ India/ Asia/ African/ Latam grow ALL their middle classes... and ask for real goods (not fiat money) back... err that's Belt and Road & BRICs!!

[@Sammyli99]

@@BN-em9qx USA thinks 400, mil (5%), of the world pop can hold back 80-90%, from working together...sorry for EU/wessie-club, your gonna get dragged down through dependency...everyone needs to decouple or get sucked under.

[@matthewobrien5925]

Impossible. Demographics alone dictates that the complete collapse of the Chinese economy is here & only going to get worse. Just extrapolate the effects of One Child policy out over two generations and you'll find that 96% of all productive effort of youth entering workforce today will go entirely toward taking care of the old/retired.

[@BN-em9qx]

@@matthewobrien5925 ...in the last 30 years.. the Chinese people have mastered - ports, shipping, computing, operating systems, infrastructure, renewables, solar, batteries, ICE cars, EVs, clothing, property, bridges, phones and much I have left out.... and here you are crying a river about their demographics. SMH.

[@Time4Peace]

Tell Yellen US has a huge overcapacity in dollar printing press.

[@MegamiteBooks]

Also, an over capacity in the production of US Treasuries, Notes, and Bonds.

[@loktom4068]

Putting the ORANGE TWINS ( Donnie Dumb & little joe blows) photos 📸 prints with their mouths smiling on each toilet paper 🧻 sheet can be the game changer for Yellen and her homeland.

[@solar.planet-earth]

Corruption is very expensive, poor Americans, who have been totally stripped and robbed and lied to and fed shit!😢

[@bartsimpson8616]

i cry for them

[@seraph3761]

Majority is either unaware or don’t care. Many started holding on to their money 4 1/2 years ago during the start of covid. They’ll be fine. The investors and small business owners however, aren’t so fortunate

[@clarenceedwards2866]

Look at what is happening in Argentina. Millei opted out of BRICS and went back to the dollar, and now the economy has worsened so that he is now trying to woo China back. Talk about hindsight being 20-20. It does not appear as though the Chinese are too excited about renewing the friendship.

[@Sammyli99]

Millei deal was about sacking everyone to buy F16s, thats all. Budget re-allocated to PLENTY-GONE ...what;s not to like.

[@topher766]

Good point, but he also realizes China is not a friend lol. They’ll take your money all day as long as you stay in line.

[@ashfield1425]

Italy has also gone begging on its blondes to China after it pulled out of the Belt and Road initiative.

[@AzizAziz-lc2qk]

Milea is a US puppet and sold everything to US for penny's in the dollar!!

[@davidwestwater2219]

Brics is an American creation and it has no currency

[@seriouslyyoujest1771]

The wealth of a nation isn’t printing money, it’s in your factories, farms, and services provided. What did the USA do?

[@kokkintang9983]

Selling arms and to create more wars and regional conflicts. More wars = more money

[@alanc457]

Make weapons

[@LyricsQuest]

Make vehicles, airplanes, ships, farm all over the east coast and south and west, and sell a lot of software and movies.

[@CharmOfRGE]

And oppress the working class

[@DellaWatson-cz3mq]

Selling off farms, and replace humans with bots lol

[@Theoriginialdonguillory]

Mr. Janssen, the visits of Macron, Yellin, and Schollz should indicate to you that China’ economy has not slowed to that number. My sources tell me China is growing at closer to 9 of 10% economic growth in the 1st quarter. BYD and Huawei are apparently lapping the field in the Euro-Asia-African population.

[@yeaplye9080]

USD is going to face serious serious hurdle this year and years ahead. Crushing started now...be smart protect your financial portfolio, stack up gold as much as possible !!!

[@aijieli8836]

Lies after lies, yet they have the cheek to tell even more lies😉

[@177DNAtlanta]

The US should get real and mind their own business, which they would never do. So the rest of the world is done with them, even if it will indeed take some time to be finalized

[@LyricsQuest]

A global decoupling from the USA? Would the new financial powers seek stability and growth instead of predatory boom-bust cycles and the ways of economic destruction? If so, wow, amazing improvement for the world at large. But, seems like fantasy. The Chinese rich seem to love them boom-bust cycles as much as the west.

[@joshlewis575]

Sure thing bub, I'm sure the Phillipines and Vietnam and all other countries hosting American bases in the region want uncle Sam to "mind their own business". Almost as if said countries don't trust their chinese neighbors. Go figure

[@bartsimpson8616]

best comment !

[@dimirockeropoulos6104]

It's concerning the US/west is not being honest with its citizens. It appears they will be honest once it is too late to do anything about it. We may already be there.

[@seraph3761]

Which country you in that the government is incredibly honest and transparent with you? I might even consider moving there.

[@noudbernd4313]

America money printing is a big problem, just like the old Italian Lira.

[@i6power30]

China has been the reason to keep inflation low. If China starts to stimulate economy, the US inflation will go up.

[@Sammyli99]

to a point, there is a household tipping point where budget constraints mean no more widgets just food and gas.

[@udayasampath3530]

China ❤❤❤from SriLanka.The world most Historical countries..

[@gift7233]

Good move China

[@ongsengfook]

Gordon Chang will collapse seeing this.

[@gmanhan8305]

Of course not, he will say China is going to collapse as always

[@kwethew8562]

Heart attack in the hospital

[@davenwill2932]

Dislike him but one don't have to curse him.

[@PauloAdriano-zo2ng]

​@@davenwill2932 That's right, Gordon was born cursed.

[@LW78321]

😂😂😂

[@vchanpe1]

All economic downturns are temporary. What is permanent is the will of hard working chinese people to make money.

[@Modiisbadcow]

There are so many people in the world to work hard .. don’t give only for Chinese .. you will be fooled one day

[@hillbelly1093]

The US must join the civilized world.

[@ingehanson]

In order for that to happen it's superpower status must collapse. Both parties are still in the business trying to control the world. They might quibble about the country but that's about it. For this to happen the dollar has to stop to be the world's only currency for trade.

[@yaoyichenvictoriasch7014]

I got called a “bloody idiot” because I said that I trust that COMAC could catch up to airbus and boeing

[@widodoakrom3938]

Well they said the same things about byd 12 years ago

[@hanmi1216]

Well, with the current build quality of Boeing, Cormac could catch up in a faster rate...

[@grandwonder5858]

Anything is better than Boeing - the flying coffin! So don’t insult Comac by comparing it to Boeing!

[@Sammyli99]

@@hanmi1216 A paper plane passing through a Volcanic eruption could catch Boeing ...at the moment.

[@jarylsim1973]

"Catch up" to Boeing? What weird phrasing.

[@Dragon_Rider777]

$1T USD every 90 days. What prevents the US from raising the debt ceiling?

[@alanbgtan]

Keep raising as you’re into a dark abyss

[@dfv671]

To put that into perspective, that's about $30 for every American everyday!

[@Sammyli99]

@@dfv671 the key is how much tax can you afford, if little Johnny, not transed to Jane yet, aint got that 30 bucks a day its 31 a day in year 2 then then then ...done.

[@asura3967]

If the US were to raise their debt ceiling it wouldn’t help the US dollars worth would only go lower and lower to the point where people wouldn’t be able to afford basic things

[@iROChakri]

They wil default. Not a big deal.

[@homolgus1]

Hair is looking good Cyrus.

[@marcc1830]

I was about to comment on that. My goodness, I fully expect that Turkish hair company is going to hire Cyrus as a spoke person soon 😅

[@joshuaroberts2837]

They aren't miscalculating anything they are purposely lying

[@cotizacionesequipo1719]

People have a right to know this. The whole world needs to know this. I wonder why the MSM isn't reporting this in all their frontpages. And the truth shall set everyone free.

[@mengreat6982]

Truth is a disruption to the elite capitalist and politicians careers

[@johnteets2921]

Except people who believe in the msm.

[@claytonbigbsy3880]

How do we decouple from a country that makes 99% of all our life saving medicines, emergency equipment and most of everything we use in a our daily lives??

[@Extra-Celestial7]

Zeihan eat your heart out.

[@pbworld7858]

I don't think he has one.

[@JackPaul-vs3bq]

Dude has not been right about China in a long time. 😂😂

[@teeong1645]

Zeihan=Gordon Chang

[@aniksamiurrahman6365]

Zeihan's latest video claims that Russian army has forgot to fight! At a time when Russia is breaking Ukrainian lines all over the front, Zeihan has come to claim this. This is how reliable Zeihan is.

[@AmericanNope]

Zeihan is a new age neo con. Crafted a bit differently but the message is the same as traditional neo conservatives.

[@michaelgreen398]

Go china

[@jennyohara4011]

I buy only Chinese Products,.Car , Food, Clothes, everything

[@msmistro5725]

Warning! Chinese cars are randomly settling on fire. Newly constructed roads have been falling apart. Then their new buildings actually fall because of poor construction. Restaurants in China often clean food in toilets because running water is considered a luxury there. Income per capita in the US is about 60-70k, compared to China's which runs maybe 1k. Have fun!

[@archers101pd7]

Key point, they have been printing for many years but "minimal inflation" it was in a liquidity trap. Now post covid, this is no longer the case.

[@ilyanaantonyuk2198]

i just visited Canton fair in Guangzhou. it was flooded with buyers from overseas. I hope it would add up to the growth

[@cloracle4420]

Ditch your dollars BUY GOLD AND SILVER!

[@Souchirouu]

It is honestly bizar how even economical experts just do not understand how China does its economy. This despite it not being that difficult. China has a long term goal that it divides in 5 year plans and it will create laws, subsidies, tax breaks focused on the mandates put forward in those plans. All the decoupling is going to do is ensure China exports its goods and services elsewhere in the world.

[@李小白-x4v]

They cheer for the pain that China is going through, but China just smiles to meet any difficulties and then regenerates like a phoenix and becomes stronger than before, while the West buries its head under the mud like an ostrich and turns a blind eye to its own problems.

[@nowthen3150]

Cyrus, thank you for spreading awareness. Always learn so much from you!

[@YokeChoonTang]

The explanation is accurate and truthful as well as without fear and favour. 17:48

[@PhilipWong55]

The US national debt is more than $34 trillion, with 22% of it held by foreign entities. The US also has $40 trillion in unfunded Medicare liabilities and $26 trillion in unfunded Social Security liabilities. The US dollar is the dominant reserve currency, backed by its perceived strength, allowing the US to print unlimited dollars as long as the world maintains trust in it. The US dollar is the backbone of US power, and any actions that undermine confidence in the currency threaten to destabilize its position of dominance. Each unilateral sanction imposed by the US risk damaging the stability and credibility of the US dollar, leading to dire consequences for the nation's power and influence. The US is the only country actively undermining the strength of the US dollar. The freezing of Russia's $300 billion currency reserve by Western governments may lead countries to reconsider investing their funds in US Treasury bonds and finding ways to reduce their use of the US dollar. A significant portion of US dollars is held outside the US, estimated at 60-70% of all US dollars in circulation, due to its status as the dominant reserve currency and wide use in international trade and finance. The one trillion dollar trade deficit of the US is a consequence of being the reserve currency, as a strong dollar makes it difficult for US businesses to export goods and services while simultaneously making it easier for other countries to sell to the US. Countries are expending resources and labor making goods and shipping them to the US in exchange for green pieces of paper. The US is sending back mostly empty containers. The US budget deficit is $1.7 trillion in 2023 which must be paid for by selling more Treasury bonds. The interest on this debt is greater than the military budget. To pay the interest on its debt, the government sells more Treasury bonds, leading to a cycle of increasing debt. The US printing of dollars has been exporting inflation in other countries for decades, but will eventually increase US inflation. Raising interest rates to fight inflation decreases consumer and business spending, increases the trade deficit, and higher interest payments on government debt. Other countries will respond to the US raising of interest rate by raising their interest rate, risking global recession. The Plaza Accord addressed this issue in the past, but it will be challenging to implement such measures now. A well-run country collects taxes to fund essential services and infrastructure. In the US political system, wealthy corporations and individuals can lobby for tax breaks. The shortfall in funding for the US government has reached $34 trillion. Instead of collecting taxes from wealthy corporations and individuals, the government pays interest to them. Banks hold Treasury bonds for their safety, liquidity, regulatory compliance, and potential profitability. When interest rates on Treasury bonds rise sharply, the decrease in bond values reduces liquidity and makes it harder for banks to raise cash quickly. This causes depositors to lose confidence, triggering a bank run. In response to the current bank run, the government is issuing Treasury bonds to raise funds to compensate depositors for any lost funds. There are $19 trillion in deposits in US banks. The estimated unrealized loss on US banks' financial assets is $1.94 trillion, while the total size of their equity is $2.1 trillion. SVB had taken a $15 billion loss, while their capital is $16 billion. Around 2,315 of the 4,800 banks are currently sitting on assets worth less than their liabilities. It's a systemic issue. A similar issue is being played out with risker Mortgage-Backed Securities (MBS) valued at $12 trillion. The new Bank Term Funding Program (BTFP) helps prevent discounted bondholders from taking losses when they have to sell them urgently. The BTFP accepts discounted bonds at face value to be used as pledges for loans to inject more money into the economy. Risking more inflation. It's a Ponzi scheme. Ponzi scheme cannot taper. We reached the can and there is no more road.

[@Andrew-bs1mi]

17:09 even Janet yellen admitted by 2035 the debt will be 55 trillion dollars

[@shana.ball3]

According to some experts, the United States and other regions of Europe may have a recession in 2024. Because China and emerging countries frequently grow faster than more developed economies, a global recession, which is defined as a decline in annual global per capita GDP, is more uncommon. Fundamentally, if economic growth lags behind population growth, the global economy is said to be in a recession.

[@graceagb]

*My primary issue right now is how to increase revenue during these tough times. I can't afford to see my savings disappear into thin air.*

[@nicoled.conyers]

to be a successful in life required not only hard work but awareness and sometime opportunity at the moment, investment remains the best way to start.

[@edna.Chavis]

Thinking of how difficult it is to get a job, I think it’s time people start investing and earning their own money, the heartache from job hunt is quite unbearable, I for one would prefer investment than getting myself worked up on seeking a job

[@RosellaLCraig]

Investing in Stocks, Forex and cryptocurrency is the wisest, it's a place where millionaires and future billionaires come to get inspired. If you've not been involved in any you're missing out. Most importantly If you know how to trade you can make a ton of money no matter where you find yourself

[@umnuaysaehau875]

Consistent with what I saw in Shanghai three weeks ago!

[@shayelynne]

👍👍I love the grounded reality of this channel! Despite the economic recession, I no longer depend on Government Grants since I acquire $40,400 weekly profits

[@JohnsonAlima]

Great news! how did you get that?

[@shayelynne]

It's all thanks to Robert Marion

[@Philip0128]

I know Robert Marion. He platform maintains a unique perspective and is very transparent with their investors. Regardless of whether or not he outperforms. I will forever stay invested!

[@GeorgeDickey-rw4hj]

Yeah, $50k from Robert Marion, looking up to acquire a new house, blessings 🙌

[@scottwilliam4054]

This sound so good and I would like to be a party to this, how can I contact your Asset-coach?

[@ZIGZAG12345]

Hair looking good! It's amazing how in those sort of "woke" times, "being a xenophobe" was pretty much the #1 cardinal sin. (now the #1 spot seems to be "being a transphobe".). It's even more amazing how since 2022/Russian vs Ukraine, certain types of Russophobic and Sinophobic xenophobia are literally ENCOURAGED by the state. Remember when Facebook was "debating" whether posts that publically call for Russians in Western countries to be exe.cuted to be OK on their platform?

[@neilrusselltan1346]

Woke was just another "movement" co-opted. It was suppose to be about being aware of injustices like black people being targeted by the police abuse, sexual abuse in the film and tv industry, etc. So when people like Hillary Clinton or Donald Trump co-opt such movements about injustices like that, it ruins the point. These two, for example, don't care about Palestinians. They co-opt Christianity, but their behavioral history are nothing Christ-like.

[@theoldreliable1105]

Bro came to a video about the debt crisis to push his own anti-woke agenda. Why are you such a weirdo?

[@vaska1999]

I suppressed that last from memory -- it was beyond shocking when it happened.

[@davidschluter6639]

Inflation is also corporate profit margins.

[@Xiaoming2020]

I think that China also is a developing country with a big number population, so its economy still has potential for development.

[@Segord]

So now we see how capitalism/democracy goverment system is losing to new socialism/meritocracy.

[@zatoichison6420]

What will happen to US and US $ when all they paper dollars will be shovel back to US ?? What value this dollar printed paper will have in the markets, or any product brought and paid for it. ??

[@aldinokalla868]

...GLORY TO CHINA.................

[@williamrager]

This has been the story for the last 30 years!!!

[@hjysbd8318]

The beginning of the use of the dollar as a weapon and a tool for sanctions was the greatest failure of the United States Government. It is also almost impossible to undo it.

[@ridwanalesh3488]

This man your hair has grown completely back 😊

[@KGopidas]

Sadly most alalysts would be losing their professions.

[@johntse8655]

just back from canton fair, walking around the city, looking at the crowd buying like there is no tomorrow, where is the slump? housing slump, literally, not existent, in fact, the locals told me that housing price is still too high, if housing crashed, then, prices should be low or at least a bargain, something is not right, why is everyone still spending so much? seeing is believing.

[@cryptomadness7271]

If the U.S. dollar loses its reserve currency status it will be in trouble, because the U.S won't be able to get cheap financing of its debt anymore.

[@johnli6430]

Gordon Chang ..yoohooo! Where are youuuuuu! You too Peter Zeihan..Helloooo!

[@kamaldaud2782]

The world does not need American dollar anymore.

[@BigNate82]

When you work on something that only has the capacity to make you 5 dollars, it does not matter how much harder you work - the most you will make is 5 dollars.

[@ClaudiuDenis-hp4pf]

People dont understand that the prices of things are never going back down. This inflation is deeper than we think. Those buying groceries are well aware that the real inflation is much over 10%. The increments dont match our income, yet certain investors still earn over $365,000 in stocks and assets. Wish I could accomplish that.

[@alasdekarton]

Very possible! especially at this moment. Profits can be made in many different ways, but such intricate transactions should only be handled by seasoned market professionals.

[@johnhernlund539]

US debt service is a MASSIVE stimulus to the asset market. And nobody is talking about this fact.

[@aniksamiurrahman6365]

Thanks for pointing that out. I got a feelings that, debt is also how US stimulates the stock market and hence is an integral part of the startup culture in US. Did I get that right?

[@LyricsQuest]

By stimulus, you really mean inflation? When I think of "real stimulus", I'm thinking of the growth of the "real economy" and people's median wealth.

[@johnhernlund539]

By far the largest bond market is US treasuries. A couple years ago the Fed dumped trillions into asset markets, holding more than $9 trillion total. Later they they announced a plan to reduce their balance sheet, however, they raised interest rates and the government needed to borrow more money to pay the interest on the debt...more than the amount that the Fed is decreasing their balance sheet. So basically, the market stimulus is moving off the Fed's credit and onto the US gov't debt ledge, and it is increasing.

[@wynetsang]

China has been economic independent for the last two thousand years because the barbarians in the north constantly block the Silk Road. Therefore, China is accustomed to rely on domestic economy.

[@pekkarousu3616]

2016 China owned 1.4 trn in treasuries and 8% US debt. Today 0.7 trn and 2.5%. China doesn't buy or sell US bonds, just rolling off debt. In four years with the same development it will be 0.1 trn and almost 0% of US debt. Then the Petrodollar can die

[@msmistro5725]

They use the bonds as back up to their currency.

[@KGopidas]

Once markets and imports open up, inflation would disappear

[@carlosvigil1868]

After watching this video I felt like wow I am truly pleased to be subscribed here! Awesome video! Keep it up!

[@Ace1000ks19751982]

Remember folks, inflation is a compounding problem. If it is 3%, it is 3% on top of 5% the year before, and 10% from the year before that. It is a compounding problem, and this is why prices rarely go down.

[@seraph3761]

Popcorn anyone? This shit show is getting real interesting 🍿

[@Ziegfried82]

The funny thing is the current interest rates for the USA are actually hovering around the historical average. In order to actually combat inflation I'd say interest rates need to be at least 10%. Imagine how much that would destroy the US real estate market and stock market? Not to mention the US gov would be forced to pay off debt rather than add to it.

[@MariaKasova59]

We need to cut money to foreign countries ,

[@charlespeterson778]

Does that include Isreal?

[@KarlMySuitcase]

​@@charlespeterson778Especially Israel 😅

[@somsackvongsa7077]

Reversal of debt trap .

[@therealdeal2163]

So you don't want people to use dollars then ? Fine!

[@dailyspiritualfooddsf3584]

I don’t know about other countries but in China everything is shady. I worked there for 8 years and it is about “saving face” .

[@lpo-pt2qo]

could you elaborate more?

[@BigMeeech876ja]

​ @lpo-pt2qo ITS a troll anyone that live in china nd started a successful business is good... school is free for citizen get a degree and work anywhere in the WORLD,. what can be better than that tuition here is 60kusd ..chill

[@scottclemens9245]

Why is my government so incompetent right now?

[@cleancutguy1892]

the US government has been incompetent for decades

[@sammytanzo]

BRAVO CHINA❤

[@jaytan915]

You need to learn to balance your budget. Every other country need to, every responsible household and individual does it. It's simple, just spend less than you earn.

[@happymelon7129]

flaw of D system .... Most politician only have 4 years to collect profit, so he focus on his(or his master) agenda. Other then helping his people. Never have any long-term plan for the benefit of the people.

[@DK-ev9dg]

That's why most Americans every 3 years buy new trucks taking the clue from their govt of overspending.

[@tygorton]

The fascinating component of the dollar right now is that, while it is losing buying power within the U.S., the dollar is actually GAINING buying power in countries like Brazil. This phenomenon feels like an end-stage world currency signal, but that's just an instinctual read on it. I haven't had a chance to research it from a historical perspective of past world currencies.

[@AsadAli-ee4tf]

America in deep trouble due to blind Love to fund some countries for their Warfare & slowly world trading in Rubbles,Yuans & all countries dumping the $$ 😩😩

[@realdemocracy11]

There's no such thing as being in debt unless someone else owns that debt.

[@lamborghini835]

Thank you Cyrus and may God great complete and total Victory to all of the member countries of "BRICS."

[@keirenle]

China is definitely started the new year with a economic hang over. If the growth is 5.3% it s high enough to give anyone else a vertigo.

[@TonyMidyett]

On KZbin, the world economies are always days from collapse. 😅

[@MariaKasova59]

We need stop support foreign countries ,

[@nurainiarsad7395]

good place to start is to close down the military bases in other countries.

[@happymelon7129]

No more profits able to squeeze from EU region. They focus on new profits model . 1. Congress allocates money to Israel 2. Israel allocates money to AIPAC 3. AIPAC makes "campaign donations" to Congress 4. These "campaign donations" used to pay media company. Guess who own media company ? 5. Loop back to 1.

[@vaska1999]

​@@nurainiarsad7395 I second that.

[@superkd7030]

@nurainiarsad7395 Spoiler Alert: you don't pay for some of these military bases. The ones in SK, Japan and Germany, the local government pays for it, I kid you not. The majority of the money that you pay goes to R&D, Boeing, LM, and good luck trying to praying the money out of their claws. And ex-Boeing employee that had an lawsuit against them was just 'found' 'suicided' in a parking lot, RIP.

[@aangelo1130]

DOLLAR IN TROUBLE????? "It's really hard to fight dollar strength right now. U.S. data continues to suggest that the Fed is not going to be cutting any time soon," said Vassili Serebriakov, FX strategist, at UBS in New York. "We're starting to see more policy divergence priced between the U.S. and the rest of G10. When you look at the 10-year real rate differentials between the U.S. and Europe, those have widened in favor of the dollar." THAT IS MAKING USA DOLLAR STRONG. PLEASE DONT READ OLD NEWSPAPERS!!!!!

[@KG98760]

Long live China and Russia. From Britain.

[@fxbillie]

To cut the huge deficit, one must spend less than the income. There is no going around this simple truth.

[@wintors4286]

Love the hair, Cyrus ❤

[@zootshaj4925]

No no $$$$$ dollars is gonna be stronge for a long time

[@petergeddesrensen6567]

Seizure of russian assets will make China less likely to buy US debt. With fewer buyers of US debt, interest rates will stay elevated

[@hongqingxiang3374]

Thank you both for having and sharing this insightful discussion🙏

[@eugenechin2863]

Mr Jensen's hair is growing better than the US..😂😂

[@CyrusJanssen]

Haha thanks for noticing!

[@ty-ger4300]

lol

[@bananaana1860]

USA wants to give Ukraine $61BILLION usd in aid. On top of previous spending. That’s absolutely crazy!

[@KarenLynnOlsen]

The government currently lacks concrete strategies to address inflation. Inflationary pressures are impacting various sectors, including stocks, housing, and commodities, causing their prices to rise. It is not advisable to keep your money idle and wait for a market crash. Instead, it is prudent to put your money to work by starting with cautious investments and gradually increasing your pace as prices decline further. Withdrawing a significant amount of money, exceeding $500K, from my account at this time presents a challenging decision.

[@AmandaKatherineLeff-j9f]

In my opinion there are certain investors who are still managing to generate substantial returns despite the unfavorable market conditions. Achieving similar results requires skill and expertise

[@rineleff2009]

With the current market trend My advice to anyone starting out in the market is to seek guidance as its the best way to build long term wealth while managing your risk and emotions with the passive investing strategy

[@TheApostle-ee3fu]

Interesting, I’ve actually been looking into that lately, the news I've been seeing in the market hasn't been so encouraging honestly. If you don't mind me asking who's the person guiding you?

[@rineleff2009]

She goes by ‘Wendy Birkett” I suggest you look her up. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.

[@SarahHurtWilson]

This is crazy If anyone ever told me I will be randomly be surfing on the net and come across individuals talk about Wendy Birkett will for sure doubt but this is crazy I know her and love her strategy so much wow thanks for preaching the gospel…

[@bircruz555]

Fact: A 22-story office tower at 350 California Street in San Francisco’s Financial District was sold for $61 Million in May 2023, less than a quarter of the initial asking price. The building, which had been appraised for 240 million dollars before the pandemic, was owned by Union Bank. The latter merged into US Bank in April 2023.