Protests Everywhere, China’s Economic Crisis, GDP is Crashing. China's financial crisis is Here...

  Рет қаралды 3,012,037

Business Basics

Business Basics

Күн бұрын

Skip the waitlist and invest in blue-chip art for the very first time by signing up for Masterworks: masterworks.art/businessbasics
Purchase shares in great masterpieces from artists like Pablo Picasso, Banksy, Andy Warhol, and more.
See important Masterworks disclosures: www.masterworks.io/about/disc...
Support the channel on Patreon: / businessbasics1
Join this channel to get access to perks:
/ @businessbasicsyt
⚠️Webull: 5 x Free Stocks: a.webull.com/i/BusinessBasics
Investing For Beginners | Learn Investing (Free Course)
• Video
Passive Income: How To Retire Early Through Passive Income!
• Video
How you can focus like Warren Buffett? (2020)
• Video
some links above are affiliate links
China’s Economic Crisis, GDP is Crashing, Protests Everywhere. China's financial crisis is Here...
All materials in these videos are used for educational purposes and fall within the guidelines of fair use. No copyright infringement intended. If you are or represent the copyright owner of materials used in this video and have a problem with the use of said material, please send me an email, businessbasicsyt@gmail.com
DISCLAIMER: All of my strategies, and news coverage are based on my own opinions alone and are only done for entertainment purposes. If you are watching my videos, please Don't take any of this content as guidance for buying or selling any type of investment or security. I am not a financial advisor and anything said on this KZbin channel should not be seen as financial advice. Please keep in mind that there are a lot of risks associated with investing in the stock market so do your own research and due diligence before making any investment decisions.

Пікірлер: 20 000
@BusinessBasicsYT
@BusinessBasicsYT Жыл бұрын
Please Please Hit the Like button above on this video. It signals to youtube algorithm that videos is appropriate and it should be pushed to more people. Recently youtube has been restrciting and demonetizing my china videos because they don't want me to show the protests in china. So your like means a lot in term of helping overcome youtube's restrictions. Also thank you to masterworks for sponsoring this video. When they found out KZbin was demonetizing my videos, they were happy to support my channel. You can skip the waitlist and invest in blue-chip art for the very first time by signing up for Masterworks: masterworks.art/businessbasics
@Fabian_760
@Fabian_760 Жыл бұрын
Here pretty early it's great you were able to receive a sponsor so you could continue to provide these highly informative and interesting videos thank you
@BusinessBasicsYT
@BusinessBasicsYT Жыл бұрын
thank you for the kind words
@Mikewee777
@Mikewee777 Жыл бұрын
I believe you are exaggerating.
@miche008
@miche008 Жыл бұрын
So well-researched and well-scripted and presented for us to understand. Greatly appreciate your valuable insight! Kudos!!
@keeponlearning4292
@keeponlearning4292 Жыл бұрын
Liked and commented. Lets gooo
@novoca1n3
@novoca1n3 Жыл бұрын
I feel sorry for the people however as an Australian dealing with China's attempts to blackmail our country by banning imports or imposing outrageous tariffs on our goods, I really have no sympathy for the Government at all
@BurdenofTheMighty
@BurdenofTheMighty Жыл бұрын
No worrries, we will slay this dragon! 🇺🇸🤝🇦🇺
@MyKakec
@MyKakec Жыл бұрын
Australia is calling China daddy so thats completly yalls fault. if you dummies wouldnt fully send it by trading with mostly China you wouldnt be under the influence of daddy China.
@ryanjones4150
@ryanjones4150 Жыл бұрын
If the trade relations between your country and China were hunky-dorey, then would you have sympathy for them ? Your comment stands out to me, because it exemplifies the selfishness that is predominant in the world. This is a video about the impending collapse of the second largest economy in the world, about rampant social unrest and the bankrupting of tens of millions of Chinese citizens. Do you have any sympathy for them ? The ripples that are going to be felt by the rest of the world as this unfolds are going to be a lot worse than any paltry trade squabbles that you speak of.
@jacobmcnamara7234
@jacobmcnamara7234 Жыл бұрын
@@ryanjones4150 no I don’t have any sympathy for the Chinese citizens at all
@novoca1n3
@novoca1n3 Жыл бұрын
@@ryanjones4150 Ripples were being felt way before this. You reap what you sow
@K9TheFirst1
@K9TheFirst1 Жыл бұрын
If a topic is enough to cause a government to resort to deliberately trying to suppress it both domestically and internationally, folks need to pay all the more attention to it.
@ICCUWANSIUT
@ICCUWANSIUT Жыл бұрын
Not necessarily, there are some that should be covered up if they cause panic and make it worse. But almost always this isn't how it's done, better to see it all than see nothing, if that's what we're left with.
@HDTomo
@HDTomo Жыл бұрын
Amazing
@amazingdude9042
@amazingdude9042 Жыл бұрын
HE HE. yeah western propaganda. we have been hearing this since last 2 years now. also the timing of the video perfectly aligns with your master palosi's visit to chinese taiwan. nothing gonna happen even till 2049 when china unifies all of it's states.
@shadowwarsshadypeople6299
@shadowwarsshadypeople6299 Жыл бұрын
Yes, are we finally talking about the plandemic?
@tedkaczynskiamericanhero3916
@tedkaczynskiamericanhero3916 Жыл бұрын
@@shadowwarsshadypeople6299 Not yet. Deaths are only up 40% "magically" and that's apparently not enough for the sheep to ask questions. Healthy athletes dropping dead is apparently not a red flag LOL
@MohamedTarikRochdi
@MohamedTarikRochdi Жыл бұрын
Independent reporting is critical for human societies. Thank you for what you do, mate.
@johninis
@johninis Жыл бұрын
Excellent clip of info. Keep it coming. Thank you.
@islanddryad
@islanddryad Жыл бұрын
This is so important. Even here in in Jamaica these Chinese developers (probably the same exact ones but I’m not sure) have made tons of apartment complexes in recent years. Barely anyone here can afford the rent but more and more are getting built. The corruption isn’t just in China, it has silently spread to other smaller developing countries run by greedy politicians that can’t say no
@Nadeine
@Nadeine Жыл бұрын
Yep. They're also located in Guyana, the corrupt government has them mining our precious metals, cutting down our lush forests and exporting these items back to China. I can't wait for the CCP to fall, they're corrupt influence can be found in the Caribbean, south east Asian countries, Africa, Australia, new Zealand.
@ChickenMcThiccken
@ChickenMcThiccken Жыл бұрын
jamaica took china bait. china saying they will build infrastructure. where in jamaica? like you said. all they putting up are empty apartment luxury condos. who can afford that in jamaica? and when jamaica say; "we don't want this shit no more". china gonna say "okay. pay up". but dont pay.
@rolfjohansen5376
@rolfjohansen5376 Жыл бұрын
why let the Chinese colonize you? After the European colonizers in the past it should be more than enough
@kurtwinslow2670
@kurtwinslow2670 Жыл бұрын
@@ChickenMcThiccken Sadly there isn't an option of don't pay. China needs resources and your little country has them.
@N1CKL337
@N1CKL337 Жыл бұрын
You're absolutely right, the belt and road initiative is a great example of this. For the developing countries who approved the initiative, China promised to create new jobs, hospitals, and infrastructure. None of that has happened, the heads of state got their portion and refused to hold China accountable, meanwhile their countries are being plundered.
@MiCharlXXD4
@MiCharlXXD4 Жыл бұрын
As a Chinese, I hate to say that this channel has become one of my only few sources to see what’s currently going on with that banking crisis, as nearly all related post of this topic have already been taken down on Chinese social media in one night Edit: No, I don’t hate ccp and I don’t want it to fall because they created the China where I grew up. But the thing is ccp is just like a typical Asian mother. You did something she doesn’t like, she scolds and beats you. She made some mistakes you don’t like, she told you to shut up and move on. I have someone I know who got stuck in this crisis and has no place to voice online, and I can’t do nothing about it because I didn’t even learn the full picture of what’s going on before everything was taken down on Chinese social media. At the end of the day, you wouldn’t want your mother to die no matter how bad she treats you, but you want her to change and become a better mom.
@borodel619
@borodel619 Жыл бұрын
Respect! l alway's though that Chinese people were easy to manipulate and would not wake up.😃 In the Netherlands we have some channels wich predicted this shit 8 jears ago! trust your strenght and wisdom!
@stuvo1977
@stuvo1977 Жыл бұрын
Keep your head up, Mike!
@keikoandgilly
@keikoandgilly Жыл бұрын
I feel bad for you mate, the freedom of information is a human right, and it is one that should be cherished.
@tomothybahamothy
@tomothybahamothy Жыл бұрын
I'm brand new here, is all this really true?
@Alyssajoyfulheart
@Alyssajoyfulheart Жыл бұрын
Do you think China will take T by force
@thiaguinhooitodois2211
@thiaguinhooitodois2211 Жыл бұрын
Great videos man. More informative than the regular media.
@QiBoy777
@QiBoy777 Жыл бұрын
VERY GOOD INFORMATION. KEEP UP THE GOOD WORK. WE NEED TO KNOW WHAT IS GOING ON.
@stuartsabin4079
@stuartsabin4079 Жыл бұрын
What's interesting is that these "developers" get loans from the government, start the project, pre-sell, and then bolt the country.
@Gizziiusa
@Gizziiusa Жыл бұрын
aka. a cascading, domino effect of corrupt capital flight. Weeeee !!!!!!
@MrUlyseses
@MrUlyseses Жыл бұрын
I don't think they will ever feel safe again though. The world is a small place now, and there's six billion reasons to find them.
@Specoups
@Specoups Жыл бұрын
It's always like that. It was like that in the USSR, in the US during the 2008 crisis, in France, in Italy, in China...
@meredithheath5272
@meredithheath5272 Жыл бұрын
Interesting idea.
@Heathensauce
@Heathensauce Жыл бұрын
Lots of comments yes more comments.
@glenakatsr
@glenakatsr Жыл бұрын
Keep doing what you’re doing buddy, never stop. Oppression and censorship by an insecure authoritarian regime has no place in this World
@HDTomo
@HDTomo Жыл бұрын
Amazing
@crispymidget8531
@crispymidget8531 Жыл бұрын
Crazy how that describes the US perfectly eh?
@tiberiustreppner1183
@tiberiustreppner1183 Жыл бұрын
👍
@stevenhull5025
@stevenhull5025 Жыл бұрын
And the western controlled media is not censorship?
@jumbojumbo6866
@jumbojumbo6866 Жыл бұрын
ccp sucks
@A-N-G-E-R-Y
@A-N-G-E-R-Y Жыл бұрын
Just doing my part. Thank you!
@Per-se9kv
@Per-se9kv Жыл бұрын
Top video with valuable analysis of the real estate market. good job!
@raghuveermaduvinakody379
@raghuveermaduvinakody379 Жыл бұрын
This was bound to happen one day. I have worked for MNC Banks for 20 years. I have privy to talks for several years that China's economy always lacked transparency. Corporations and Banks were not sure of reality.
@HDTomo
@HDTomo Жыл бұрын
Amazing
@davidhowell2456
@davidhowell2456 Жыл бұрын
As far as I’m concerned, they can’t collapse fast enough. They’ve had it coming for a long time. I’ll pray for the people, but that government has got to go.
@bevrosity
@bevrosity Жыл бұрын
i echo everything you said.
@burp2019
@burp2019 Жыл бұрын
everyone knew it was only a matter of time until chinese citizens got pushed too far
@alexg963
@alexg963 Жыл бұрын
Im not sure you can have the CCP gone without an economic collapse in the country to spur Chinese citizens to action, as we’re already seeing. The problem, like the video mentions, is it’s not going to just be relegated to within the borders of the country. The effect it will have on the global economy will be significant. I totally agree that the CCP should be ousted, but the instability that may follow could have effects for years to come.
@MasterGhostf
@MasterGhostf Жыл бұрын
We don't want a collapsed country. This isn't good. Hundreds of millions of people will be displaced and hurt from this. This will cause a chain reaction.
@carljohan9265
@carljohan9265 Жыл бұрын
Every communist regime fails. China has just held on for longer than it has any right to.
@arinjaidas1806
@arinjaidas1806 Жыл бұрын
Good economic analysis!👍❤️
@The_Hydration_Police
@The_Hydration_Police Жыл бұрын
I am proof those bots ain't working cause I was recommended this and boy is this content good, very informative, engaging, and easy to under. Keep up the good work sir, ya earned a new subscriber this day!
@m4dm3th0d
@m4dm3th0d Жыл бұрын
For me, the biggest problem above all is the loss of trust with the CCP. From my personal experience, the mainlanders had been tolerating the regime because they had been delivering on their promises of economic development at the expense of liberties (a gilded cage scenario). This is why the reaction has been so loud - it was the one thing holding people back.
@thathandsomedevil0828
@thathandsomedevil0828 Жыл бұрын
Never trust communists, they always lie.
@Kieran.Net_
@Kieran.Net_ Жыл бұрын
Yup. We’ll accept totalitarianism for double digit GDP growth. But the Paper Tiger is starting to burn.
@em7894
@em7894 Жыл бұрын
It's their own fault to be a rich slave. You can be absurdly rich but you're still a slave at the end of the day
@SagatClan108
@SagatClan108 Жыл бұрын
I'm not Chinese I'm trying to understand the scope of the situation. And it feels like I'm only getting pieces of a giant puzzle. The mainlanders were not writing or saying anything was wrong because they were hoping that the economic situation would stabilize through the housing market? But since they refuse to do anything about it and trying to let itself govern itself. It sounds like people just want the money back so they don't lose their life savings. On something that the government stabilize only offer promises?
@markmccarty9793
@markmccarty9793 Жыл бұрын
Pal, your gonna get a black eye for calling them sellouts! I live in America! There's a push towards socialist from the younger generation that live in urban areas! Trusting their liberal representatives to protect their interests while supporting policies that give away their rights to privacy, freedoms, and future of the next generation! Both of my eyes stay swollen and black!
@BtcBroccoli
@BtcBroccoli Жыл бұрын
Pushing these out even though they get demonetized! Appreciate you 🙏🏼
@BusinessBasicsYT
@BusinessBasicsYT Жыл бұрын
Thank you for the support
@AlanGarcia-or4it
@AlanGarcia-or4it Жыл бұрын
Facts
@Dubs22005
@Dubs22005 Жыл бұрын
this isnt reporting. it's a feel good take it's nowhere near close to reality
@Gold26502
@Gold26502 Жыл бұрын
Is demonitazation same as shadowban? Cuz this was on my recommended.
@vitomanza8341
@vitomanza8341 Жыл бұрын
@@Dubs22005 😐😐😐 So is this real or not real,?
@DansBackcountry
@DansBackcountry Жыл бұрын
Commenting to boost the algorithm. Keep the flow of information coming
@renscience
@renscience Жыл бұрын
I’ve been going there since 2013 and was always amazed at the overbuilding. Average people owning 5-6 apartments. Ponzi scheme. Average income per capita $17 k- year. Average apartment…350k. Go figure. US’s problem…we have a similar lie…wall street analysts pumping companies that have no real product or service or a crappy one. Way overinflated as a result.
@nope4865
@nope4865 Жыл бұрын
Wall St is not unlike CCP in that we see only what they want to show us.
@joerosen5464
@joerosen5464 Жыл бұрын
Welcome to your DIGITAL future (the Grave New World, with its New World Odor!😛😰). Perfect! Forever! That delicious nothingburger 👻 you just ordered will cost you 3 Bitcoins 🤑💨🕳️ Aren't they called that because THEY BITE!🙄?
@ikennaobi7350
@ikennaobi7350 Жыл бұрын
Love to see the people of China stand up for themselves
@johnjames832
@johnjames832 Жыл бұрын
wish americans would do this.
@Brandonhayhew
@Brandonhayhew Жыл бұрын
@@johnjames832 do you wish the Russians to take advantage of this
@dkwhattouseasusername1012
@dkwhattouseasusername1012 Жыл бұрын
@@johnjames832 huh? Hasn't there a few huge protests and riots a while ago?
@Anomize23
@Anomize23 Жыл бұрын
@@johnjames832 They tried, remember when they stormed the capital? Thats as Close as standing up to government is gonna get.
@weasle2904
@weasle2904 Жыл бұрын
@@johnjames832 Americans historically have protested many many many times, and they aren't nearly as oppressed as the Chinese are and have been for almost a century. It took billions of people 80 years to build up the nerve to say they're unhappy and do something about it... And it was only because they couldn't get their money LOL, typical Chinese.
@doomdessert3113
@doomdessert3113 Жыл бұрын
Thank you for the high quality educational content, here’s a comment to hopefully help with the algorithm
@abhisheksharma8374
@abhisheksharma8374 Жыл бұрын
Thanks for telling the real story!
@lexmats8527
@lexmats8527 Жыл бұрын
The man was screaming 'Is this still China?' Sadly, yes. It is. It has never changed. Only when shit was thrown his way that he finally began to see the REAL China.
@NichDevRumble
@NichDevRumble Жыл бұрын
alogorithmic comment
@xdbbe123
@xdbbe123 Жыл бұрын
"Is this still China?" *Shows tank yeah...
@CyrilleParis
@CyrilleParis Жыл бұрын
You should have add three things : - Beijing transferred the responsibility of the housing crisis to the local governments : so, along the Real Estate Industry and the Banking system, the local governments are on the brink of bankruptcy too. - The aggressive "new silk roads" policy lead China to give huge loans to developing countries. Those are beginning to default on their loans. It already happened in Sri Lanka. When Sri Lanka defaulted China took possession of the huge port infrastructure that was built with these loans, but now Sri Lanka is sliding into chaos : what good is a port in a failing country on the brink of civil war? and what will happen when states will default on their Chinese debt even before achieving the infrastructures it financed? - next year is the Communist Party Congress : Xi Jin Ping is gambling his head : how will he react? often-times in History, dictators lead their people to war to distract them off of their economic failures (like Mussolini and Hitler for example). Or will it end in chaos inside of China? Or both?
@abcdedfg8340
@abcdedfg8340 Жыл бұрын
Thank you, hit nail on the head. Dont worry ccp has been keeping up the anti foreigner propaganda for much of the last 7 decades they need scapregoat when things go wrong. Lets hope they arent stupid enough to act on their own made up land claims and other lies. Other authoritarian states did this in before ww1 and ww2, hyper nationalism backed by lies to keep dictators in power is the worst.
@abcdedfg8340
@abcdedfg8340 Жыл бұрын
Also, ccp gdp is overstated by probably 20 to 40 percent, the local govts have this funny habit of never reporting recessions so they can get promoted and the central govt has never been able to fully handle the issue. I also recall that they claimed 18 percent growth during covid lol(when the rest of us were taking massive hits) but rest of us are still just starting to grow again (it could also be purely debt fueled growth that is now buying them in the ass). So their gdp is all lies. They are still well behind the US, its only the cities where things look nice. If you look at actual gdp...its way lower... you have to knock a bunch off their current made up figures (even ccp admitted to this issue), and then take off 20 or 30 percent off their claimed annual growth going forward, and in recession years, well if they claim growth, thats super fishy.
@brianbirnbaum9760
@brianbirnbaum9760 Жыл бұрын
Hitler certainly did not do that. Their economy was roaring. He may have gone to war to prevent a future decline, but not present. The war destroyed their economy.
@Hdogdog7
@Hdogdog7 Жыл бұрын
Why are you calling sri lanka ceylan?
@jorgenpersson662
@jorgenpersson662 Жыл бұрын
What about the loans China has given to Japan who has given to USA??? :-)
@scottgardener
@scottgardener Жыл бұрын
Thanks for keeping us updated.
@nateisgreat8
@nateisgreat8 Жыл бұрын
This is one of the best research channels!
@b1ngo42
@b1ngo42 Жыл бұрын
The situation is very concerning in China. This is due to the fact that when countries, in general, are in unrest or economic turmoil, the government resorts in some cases to start a war. This is because wars take the attention off of an issue and direct the public attention against an "enemy". This is concerning considering the current situation in Taiwan and the military drills China is conducting around the island.
@lamsmiley1944
@lamsmiley1944 Жыл бұрын
This is exactly right. If you look at the NAZI party for example, the were irrelevant until the economy collapsed. When things are bad people want someone to blame and move to more extreme politics.
@thierryparte2506
@thierryparte2506 Жыл бұрын
Yes this is exactly what Im scared of "Fight chaos with chaos" I believe the saying goes...
@TheBinklemNetwork
@TheBinklemNetwork Жыл бұрын
@@thierryparte2506 I've always heard it as "fight fire with fire" but this is a very interesting alternative!
@jimlogagianes7277
@jimlogagianes7277 Жыл бұрын
When your screwing up badly you need a distraction
@amandayezzi4098
@amandayezzi4098 Жыл бұрын
It’s a who’s dick is bigger game. Pathetic
@PianistSk8er
@PianistSk8er Жыл бұрын
Love your channel. Shame on Google for censoring pro-democracy content.
@BusinessBasicsYT
@BusinessBasicsYT Жыл бұрын
Thank you for the kind words
@Dubs22005
@Dubs22005 Жыл бұрын
this isnt reporting. it's a feel good take it's nowhere near close to reality
@richardsaviation1090
@richardsaviation1090 Жыл бұрын
Yeh and thanks to them for attacking us in Taiwan
@Virtualstalker
@Virtualstalker Жыл бұрын
@@Dubs22005 lmao. an the bots are here. go back to the cccp bot.
@amenra6042
@amenra6042 Жыл бұрын
@@Dubs22005 Too bad facts make us feel good and not you, maybe you should come back to reality you bot.
@BigMeatyMike
@BigMeatyMike Жыл бұрын
good content ty for covering what nobody else will
@lordnikdo
@lordnikdo Жыл бұрын
Thanks for the videos man ❤
@peteraschubert
@peteraschubert Жыл бұрын
The Chinese banks opened people's accounts as savings accounts, but when liquidity dried up and demand for deposits grew, the banks unilaterally changed the status of those accounts to investment accounts so they could default on them without penalty. Since those banks had been taken over by the CCCP and used by the party to milk funds for their own benefit (ie expanding the military and police forces), the banks had no trouble getting the government and legal authorities to 'rubber stamp' their actions.
@mikes.2471
@mikes.2471 Жыл бұрын
so far no channel has mentioned major bank runs just the little rural banks which amounts to a measly $6 billion. C'mon man this ain't shit unless we're talking trillions in usd.
@tafadzwashepherd4580
@tafadzwashepherd4580 Жыл бұрын
@@mikes.2471 I'm waiting for a voice of reason. This is over blown nonsense. China will continue to China...and Americans will continue to fixate on what's wrong with other parts of the world, instead of noticing in what aspects they could be better and adopting said practices and evolving their own models. How do wealthy coastal Chinese cities have better infrastructure than some cities in the US. PS: Fuck the CCP..I'm just saying we don't need hyperbole, the truth is good enough. This channel is reaching, I just want measured informed criticism.
@TrickOrRetreat
@TrickOrRetreat Жыл бұрын
All Banking in China is CCP banking. That´s why they haven´t collapsed yet. They can literally keep it going for decades. Problem is the population will suffer and get their savings destroyed in the process. So the time for officials dangling from lamp posts are drawing near. The collapse that will hit China is foreign investments that they can´t control with their banking system, or make go away by removing social score points on none Chinese citizens.
@edwinjacks
@edwinjacks Жыл бұрын
@@mikes.2471 bank of Henan isn't major?
@TrickOrRetreat
@TrickOrRetreat Жыл бұрын
@@tafadzwashepherd4580 You do know that the city´s you speak of have almost no sewer systems. And sewer systems are the biggest single bill when you build a city. Everything in China is fake and make believe. 2-3 months ago 1000 people drowned in a tunnel flooded with rain water because there was no sewer system in place. And ofc the CCP say what tunnel ? What dead people as usual.
@crw662
@crw662 Жыл бұрын
I live in China and it’s amazing how angry everyone is over Nancy visiting Taiwan. My wife and I have stayed in for the past few days to avoid outrage. Our aiyi who helps clean our home a couple times a week has started to treat us very different. I think it’s all outrage caused by the state to distract the people from these issues.
@Ranteray
@Ranteray Жыл бұрын
so you think that China will attack taiwan? or what do you think that china's government is going to decide?
@Bj-iq9ct
@Bj-iq9ct Жыл бұрын
That's your problem
@anothergermanmapper7754
@anothergermanmapper7754 Жыл бұрын
@@Bj-iq9ct Bro? Are you ok?
@audience2
@audience2 Жыл бұрын
Of course that is what it is
@wildcoastadventures7535
@wildcoastadventures7535 Жыл бұрын
You have spotted their secret. Shifting people's anger away fr government, where it should be. People TRULY are sheep. Well spotted by you. Take Care.
@lazyplayer1
@lazyplayer1 Жыл бұрын
Amazing and very Informative video. Great work
@winstongunnels3790
@winstongunnels3790 Жыл бұрын
Hey man, I just wanna let you know you do excellent work it’s insightful, interesting, thoughtfully, portrayed and accurate. As far as any other competent source, I can find. Thanks for the hard work and appreciate the interesting video.
@kevinphan811
@kevinphan811 Жыл бұрын
Aussie here. Much appreciated for the content eventhough risking being demonetized mate. Please keep it up. All the best!
@borodel619
@borodel619 Жыл бұрын
Aussie, where are the crocodile dundee's? Do not mess with them!😃
@baum6721
@baum6721 Жыл бұрын
Keep up the awesome work! The world needs more honest documentarians like you. Too many "nonbiased" reporters are too afraid to say anything negative about China. We are extremely lucky to have someone like you.
@andywong9847
@andywong9847 Жыл бұрын
The Western media has been reporting nothing but truth for hundreds of years about China, But the truth never materialised. Maybe just maybe the media has more lies than truth.
@cdevidal
@cdevidal Жыл бұрын
I just didn't understand where the 47 days came in, what happens then, anybody?
@China8964Murderer
@China8964Murderer Жыл бұрын
Axis of Evil: Russia, China, North Korea
@allergictobs8261
@allergictobs8261 Жыл бұрын
Actually, the west really hates china..
@esq5011
@esq5011 Жыл бұрын
@8:45 This video is an add for masterworks. move on.
@moustafael-shaboury1692
@moustafael-shaboury1692 Жыл бұрын
Thank you for the news dude
@erinsabs
@erinsabs Жыл бұрын
Good video. Thank you for keeping us informed.
@ItsBluecheeseWithWingsOrGo_
@ItsBluecheeseWithWingsOrGo_ Жыл бұрын
The fact that they even pay a mortgage before the home is built, tells you all about their economy.
@inigobantok1579
@inigobantok1579 Жыл бұрын
If the 2006-07 housing crisis grew from too much homes that are not being paid, this crap in China is the complete opposite with lack of and unfinished homes being paid.
@user-ul8ot3vd7m
@user-ul8ot3vd7m Жыл бұрын
@@inigobantok1579 Lol such horseshit.
@Mutavr
@Mutavr Жыл бұрын
Bruh, it's common all over the world in developing countries. And yes, it ends in bubble burst every time)
@waynehewett4017
@waynehewett4017 Жыл бұрын
Yes and interest rates are between 20 and 30 percent too
@user-ul8ot3vd7m
@user-ul8ot3vd7m Жыл бұрын
@@waynehewett4017 You are an absolute smoothbrain 😂😂
@meggastar1
@meggastar1 10 ай бұрын
Please continue to keep us abreast of what is happening in China. You’re doing a great job. Thank you.👍
@Psychx_
@Psychx_ Жыл бұрын
When the CCP reports an annuyl GDP growth of around 4% (with the "usual" being 8%) I'd be very worried. The govt has - on multiple occasions - confirmed that their numbers are made up. In reality, stagnation or more likely recession has already started in China.
@JohnZoetebier
@JohnZoetebier Жыл бұрын
Any evidence for your claim that the numbers are made up?
@bobmunchen4364
@bobmunchen4364 Жыл бұрын
I’m here and it definitely has
@JohnZoetebier
@JohnZoetebier Жыл бұрын
@@bobmunchen4364 Where abouts in China, just for curiosity?
@hughmungus2760
@hughmungus2760 Жыл бұрын
china's economy will naturally slow down just because its no longer a low income economy, this is nothing to worry about. All developed economies have sluggish growth at best, and compared to other major economies which are suffering from severe inflation AND negative growth, I think china is still doing quiet well.
@Tomcan59
@Tomcan59 Жыл бұрын
Chinas growth is entirely inflation and has been for a few years....the last 2 years growth was entirely due to the increase in steel prices, China produces 50% of the steel in the world. Now since construction has collapsed, the steel market has.
@MRPINKBALLS12
@MRPINKBALLS12 Жыл бұрын
Good stuff we need more of this
@luisostolaza3345
@luisostolaza3345 Жыл бұрын
Helping the little I can but keep up the information!
@ilaser4064
@ilaser4064 Жыл бұрын
Sadly as an Australian, we've relied too heavily on Chinese imports of our raw materials. Even when China punished us with tariffs on our exports or blocking them entirely, because we dared to seek an independent enquiry into the source of a virus that decimated the world, we still played ball and kept to our end of the bargain. Another concern I have is it's not unusual for authoritarian regimes to use conflict and an external enemy to rally support in times of uncertainty. China's rhetoric regarding Taiwan continues to rise. So there could be a 'patriotic war' to bring the people inline in the near future. And for the Chinese numpties that will claim Taiwan is China, don't bother... The CCP and ROC have competing claims to all of China. The CCP never completely defeated the ROC and as part of the western pivot to recognise Beijing over Taipei and their 'One China' policy there was one condition. That Taiwan would agree to become part of CCP controlled China and that the CCP could *NOT* use force to take it. Last time I checked democratic Taiwan continues to state their wish to remain independent from CCP rule. Funny if the CCP wasn't in control and China was democratic it wouldn't be surprising to see Taiwan willingly become part of a greater China.
@chrisjackson1215
@chrisjackson1215 Жыл бұрын
Having studied china for the last few years as much as i can, i was always confused as to why you guys in Australia and New Zealand just bent over and took it while screaming "harder daddy!" Nothing teaches a bully they can bully you more than apologizing for being upset.
@henrykwieniawski7233
@henrykwieniawski7233 Жыл бұрын
@@chrisjackson1215 It’s because politicians only care about money and power. They’ll sabotage their country if it means they get to buy that new vacation home sooner.
@EmeraldEyesEsoteric
@EmeraldEyesEsoteric Жыл бұрын
We rely on Chinese imports because child sweatshops are illegal in the USA. If you use anything made in China then you support child enslavement. Throw it all away!
@ssj02
@ssj02 Жыл бұрын
Leave all detailed analysis aside, it boils down to human greed. What led the world to throw itself in the laps of China is more profits from cheap labor and economies of scale. They could have just settled with steady yet stable growth. But nope... human greed doesn't allow that. And across history nothing has brought nations to collapse more than greed to have more money, more power and more control. In reality, no one can control how multitude of variables unfold and each empire just dug its own grave.
@JeanLooksPicard
@JeanLooksPicard Жыл бұрын
I don’t think war rallying will work in China’s scenario. If even half of the sanctions applied on Russia fell on them it would be lethal. There’s also the infighting that’s being going on in the party so in a war on Taiwan it would probably collapse internally like the Soviet Union: Xi has nowhere near Putins level of control. Australia should build on heavy industries like steel and also overproduce on green energy so they can leverage next gen fuels like hydrogen. This would allow them to capitalise on the production moving away from China and give a viable way to lower international shipping costs to compete better in the wider market. A surplus of cheap energy, reasonable freight shipping and a highly qualified workforce will be a huge draw for a place like Australia. You should be ready for an influx of migration though which you’ll need.
@hananokuni2580
@hananokuni2580 Жыл бұрын
One reason I was often uncomfortable with the idea of the PRC splitting into different successor states is the possibility of a *big* depression due to the resulting vacuum in the global economy. Looks like it's gonna get real now with all the economic ills arising in the PRC.
@runforestrunfpv4354
@runforestrunfpv4354 Жыл бұрын
So like Asian Europe?
@haitianxu
@haitianxu Жыл бұрын
Nothing is going to happen, this is just garden variety "CCP is done" doom and gloom propaganda that's been around for literal decades, it's on the same level of stupid as all the "America has fallen" propaganda the CCP pumps out, so I suppose it all balances out. Either way, when September 20th arrives 47 days from now and nothing happens, the goalpost will be moved and the uploader will pretend this video never existed, just watch. You'd have to be as stupid as a Chinese wumao to buy into this nonsense.
@groovydespairgod5190
@groovydespairgod5190 Жыл бұрын
@@runforestrunfpv4354 lol no
@adamkaufman724
@adamkaufman724 Жыл бұрын
China is already basically out of the global economy due to its covid lockdowns.
@alexanderzippel8809
@alexanderzippel8809 Жыл бұрын
I would be more scared if China breaks up like it did in the 1920s. Imagine Warlords with Nukes and modern armies
@charliee6142
@charliee6142 Жыл бұрын
Thanks for sharing this stuff
@BOodidarma
@BOodidarma Жыл бұрын
Thanks for the informative video!
@KalebAsmadi
@KalebAsmadi Жыл бұрын
Glad that you got sponsored even in the face of KZbin's dirty tricks. Keep bringing important content to those looking for it!
@David-iy1zt
@David-iy1zt Жыл бұрын
Strangely my KZbin randomly lags, but only on Small player political channels.
@heybroy0747
@heybroy0747 Жыл бұрын
@@David-iy1zt KZbin tries to discourage creators from creating “controversial” content by removing the money the creator would’ve made from views; demonetize the video. it would have no effect on viewers, KZbin attacks the creators not the viewers. especially insignificant effects like a little lag. So that’s most likely a coincidence. Just telling you so you know where to guide your paranoia!
@steveyang1936
@steveyang1936 Жыл бұрын
Chinese here, there is a saying which is kinda popular recently: "when we were kids, we were told that when our ‘country' gets stronger, nobody will dare to bully us; but now we finally discovered that after our 'country' got stronger, no one will dare to save us." I feel ashamed of my country.
@Gizziiusa
@Gizziiusa Жыл бұрын
The bully was there all along. Zealots of Carl Marx, doing what they do best. You reap what you sow. GL, you'll need it.
@intruefaith7612
@intruefaith7612 Жыл бұрын
As well you should. The government your ancestors allowed to flourish has become a terrible pox on the entirety of humanity.
@jairoherrera4040
@jairoherrera4040 Жыл бұрын
I blame the infighting as a consequence on having a single party govt that punishes dissent opinions.
@michaelcorbidge7914
@michaelcorbidge7914 Жыл бұрын
China is still classed as a developing nation
@DKSanX
@DKSanX Жыл бұрын
Have faith friend the chinese people are a hardy and honest people (most of the time just like every where there are weirdos lol) Ive met many chinese nationals that were kind and friendly and alway willing to help and feed people who needed the help. Even when some found out I was half japanese they forgave my ancestors countries atrocities and happily gave me help when I needed it. I believe that you and the rest of the chinese people can bring your country back from the brink. Dont feel shame for what a dictaor is doing to your country and have pride in knowing that country will survive beyond xi. GL friend and keep the faith and keep living your best and show xi that your people deserve better.
@ahighassmofo
@ahighassmofo Жыл бұрын
much respect for what you do
@christophs.3283
@christophs.3283 Жыл бұрын
Thanks for the update
@es-br8ck
@es-br8ck Жыл бұрын
The problem with a command economy is when the commander issues bad orders, the economy follows too quickly, too closely.
@thelouster5815
@thelouster5815 Жыл бұрын
The real lesson to be learned here is for countries to stop over-financializing their economies.
@johnsullivan8673
@johnsullivan8673 Жыл бұрын
China doesn't have a command economy.
@Veylon
@Veylon Жыл бұрын
The problem is actually the opposite: they don't (or didn't) have regulation to keep private developers honest.
@lirenxin5472
@lirenxin5472 Жыл бұрын
China have a mixed economy
@andrewwilken9725
@andrewwilken9725 Жыл бұрын
It’s communism. Just call it what it is. Communism will fail every single time.
@RaZcal911
@RaZcal911 Жыл бұрын
The scary part is that China may need to start a war with Taiwan to distract its own people from what is going down with their economy. “The people can always be brought to the bidding of the leaders...tell them they are being attacked, and denounce the peacemakers for lack of patriotism and exposing the country to danger.” -- Hermann Goring
@abdiabdi3225
@abdiabdi3225 Жыл бұрын
We can talk about the hole china dug without trying to dig out qoutes about Nazi Germany just because of how different they're and the time they existed in. Remember Germany had a currency comparable to that of zimbawbe with stupid amount of hyperinflation, several crises occuring one after another the losing WW1 literally fighting in the streets the great depression and more China isn't at that level this fearmongering isn't going to make us understand or be more ready for anything just potentially making a volitaile situation worse.
@MaxStArlyn
@MaxStArlyn Жыл бұрын
Back then Germany was nationalists, and CΗίΝα was ΚοΜΜυΝιςτ and therefore dominated by glοβαlιςτς and the deep state in the USA . Now CΗίΝα is nationalist and Germany has submitted to glοβαlιςτς . ΚοΜΜυΝιςm is one side of the same materialist coin as capitalism.
@MaxStArlyn
@MaxStArlyn Жыл бұрын
Today, CΗίΝα is National Socialist.
@Chefian23
@Chefian23 Жыл бұрын
And the US needs the war to cover its Own domestic failures
@censoredyoutube4902
@censoredyoutube4902 Жыл бұрын
@@abdiabdi3225 Chinese expansionism is nothing much different from Nazi Germany. If people keep ignoring Chinese aggression without doing anything, surely WWIII won't be just a talk.
@thegreyknife
@thegreyknife Жыл бұрын
Liked. And learned. Thank you!
@ZachBaughn87
@ZachBaughn87 Жыл бұрын
It's a scary time to see, so much instability going on in so many fronts. Thanks for doing what you're doing
@charakism
@charakism Жыл бұрын
It is really scary wirh Russia and China both rlly unpredictable
@cooldudecs
@cooldudecs Жыл бұрын
@@charakism their decline is drastic and is surprising their nationalist populations who had relatively good standards of living during globalization... china cannot compete against the united states in any of the advanced stuff. Its a relatively backwards country that has made trillions by manufacturing and getting foreign investment by presenting china as modern and stable... China lost that when they act like north korea...
@dailyrant4068
@dailyrant4068 Жыл бұрын
@@charakism What is scary is people still fall for this kind of propaganda. This is practically fox news on steroid.
@zarroth
@zarroth Жыл бұрын
@@charakism western leaders are the real problem. those other 2 aren't going to do anything noteworthy, meanwhile the corruption at home is out of control and they're actively trying to overthrow the people.
@Henry_Jr_Watsson
@Henry_Jr_Watsson Жыл бұрын
@@charakism This BS happens every few years with the USA. Are they not fine still? The USA had it much, much much worse when all their markets crashed over a decade ago. This with the CCP is almost neglible compared to that time. So this looks like opportunities and just a little drama, nothing more.
@Marthastewart209.
@Marthastewart209. Жыл бұрын
Just what I needed to see before going to bed. I sleep better knowing a country is collapsing.
@kylemccormack1785
@kylemccormack1785 Жыл бұрын
Country is a strong word.
@aindoria
@aindoria Жыл бұрын
Especially if it's the fucking CCP.
@Dubs22005
@Dubs22005 Жыл бұрын
this isnt reporting. it's a feel good take it's nowhere near close to reality
@jacobdavison93
@jacobdavison93 Жыл бұрын
Not every country but definitely our rivals :)
@samuelpenniman1593
@samuelpenniman1593 Жыл бұрын
As much as I’m glad the CCP is potentially seeing the light at the end, I worry of what’s to come. Will it become a democracy or will it become a situation like the Middle East which would threaten the entire region. Chinese history has largely been internal conflict and whatever happens there it will be devastating.
@freedum5
@freedum5 Жыл бұрын
We need to hear this
@helanmback4179
@helanmback4179 Жыл бұрын
This was very helpful to understanding why there has been protests. thanks
@helanmback4179
@helanmback4179 Жыл бұрын
If it can happen in China it can happen in the US as well. Because we have emphasis on financial gains in our Capitalistic society at any cost then it could be in any sector where making false promises leads to a temporary influx of "sales" ends up getting in someone's pocket even if by embezzlement or bonuses. I saw this happen after covid business bailouts where they went bankrupt after getting the government funds and giving bonuses to top execs. We really need to abandon the concept of capitalism. Barter is good - I'm glad they are working with that method of payment.
@thienbui898
@thienbui898 Жыл бұрын
Keep it up man. For all of us. It’s insane how most people think that China is invincible and don’t know how much problems they really have.
@BK5250
@BK5250 Жыл бұрын
Because they censor everyone, the created the narrative that they are more power than they seem.
@dhararry7929
@dhararry7929 Жыл бұрын
They probably lie as much as Russia.
@ssgpentland8241
@ssgpentland8241 Жыл бұрын
Also, the average home investor in China doesn't seem to realize that the apartments they bought (before it was even built) can NEVER be lived in and is essentially worthless. Because if they DID, the chinese real estate market would completely implode
@saltytrainer
@saltytrainer Жыл бұрын
Most of these apartments have no plumbing or electricity... they are essentially a husk and being in a ghost city is not helping. You could live in one but have to pay to install necessities then worry about being miles from any business or workplace... the whole country is doomed and everyone should just allow the inevitable to happen so the world can move on
@KissatenYoba
@KissatenYoba Жыл бұрын
If living in houses causes GDP to fall, GDP has to fall, and people will be all the happier for it. Stop being so brainwashed by capitalism, lol
@honprarules
@honprarules Жыл бұрын
Elaborate please. Why can't they be lived in?
@KissatenYoba
@KissatenYoba Жыл бұрын
@@honprarules Assuming that price of houses is higher because there's not enough of them to live in, so in order for the line to go up there needs to be an artificial shortage of housing. Kind of like there's no affordable housing in the West even if government actually builds stuff - it will all be bought by the big players so that housing prices continue rising. If something actually solves the issue of rising prices, those people will suffer immense losses. And since China is socialist, China made those big players eat those losses, hence the investor panic.
@jarofflies1
@jarofflies1 Жыл бұрын
@@KissatenYoba You don't seem to understand the issue. China's main problem is that the properties are never actually owned by the people, but loaned over long periods of time (e.g. 100 years) by the government. The prices were up not because of lack of supply, but for a excess of demand since the requirements for mortgage were so low, like in the 2009 subprime crisis. Since the banks cannot reposess the properties, the mortgages don't have any real backup and most of the properties aren't even finished even after years of construction. The house of cards started crumbling.
@angelaperez3435
@angelaperez3435 7 ай бұрын
Love these videos keep doing it
@Lureciana
@Lureciana Жыл бұрын
You got it sir, good work.
@MagnificientTheory
@MagnificientTheory Жыл бұрын
The basis of Chinas economy in the most basic explanation is “expansion by all means.” This has resulted in policies by the CCP that give massive loans to Chinese companies so long as they continue expansion regardless of whether the company is profitable. China is running on borrowed time
@51greenstone
@51greenstone Жыл бұрын
Are you a clown ? You have described America to a tee
@picanha694
@picanha694 Жыл бұрын
Even america is running on borrowed time. America has the biggest debt on earth. The feds are increasing the interest rate to make it as if it is doing something. It's too late, we can't escape inflation because the feds have been printing money like a maniac since covid.
@aidenhall8593
@aidenhall8593 Жыл бұрын
yeah what the other guy said, that is literally almost every country in the world but especially liberal democracies like Germany, the US or UK
@MagnificientTheory
@MagnificientTheory Жыл бұрын
@@51greenstone The U.S has nothing quite that wasteful or dysfunctional currently implemented as part of it's governmental tax scheme. The U.S equivalent being that of the bailout in 2008 but on a yearly basis in China. This has lead to severely underperforming companies with severe corruption all being held up by the continuous outflow of direct cash from the CCP. All this to continue the illusion of high GDP growth year over year Again, China is essentially a country running on borrowed time only afforded by massive amounts of underperforming loans paid out by the CCP.
@mustangracer5124
@mustangracer5124 Жыл бұрын
They don't stop to think those assets can be seized.
@krystalmesh
@krystalmesh Жыл бұрын
This is extremely interesting. Thank you for making these clear, boiled down recaps of current events. Much more consumable than any news network.
@SmallSpoonBrigade
@SmallSpoonBrigade Жыл бұрын
It's a complicated country, but with party membership being a relatively small fraction of the population, they are always closer to a change of government than outward appearances might suggest. If anything comes along that is popular with the people, the government tries to either appropriate it or squash it.
@mezhkolape
@mezhkolape Жыл бұрын
Keep posting more on this
@FinalHistorical
@FinalHistorical Жыл бұрын
Really informal, glad this appeared in my homepage
@NonInflatable
@NonInflatable Жыл бұрын
The Achilles Heel of China is the Strait of Malacca, a narrow passageway through which most of its container ships and oil tankers pass. Following any military action against Taiwan a US blockade of this Strait would bring the entire Chinese economy to its knees, and far faster that the sanctions on Russia, China would run out of oil within 3 months.
@famousraperandrapperkriswu656
@famousraperandrapperkriswu656 Жыл бұрын
DF-41  you're right
@Roggor
@Roggor Жыл бұрын
Whilst not as critical as those straights, the Three Gorges Damn is another weak point. If it were to fail the resulting flood would kill at least a million, make 40+ million homeless instantly and irradiated (11 nuclear plants are directly threatened by this scenario) anywhere from 14 to 23% of ALL Chinese farmland. One infiltrator with a few pounds of C4 could do it.
@bobbycheese22
@bobbycheese22 Жыл бұрын
Why do you think there was a coup in Myanmar?...
@yggdrasil4187
@yggdrasil4187 Жыл бұрын
@@bobbycheese22 Woah, could you elaborate more on this? I haven't been following on these news but am curious.
@thathandsomedevil0828
@thathandsomedevil0828 Жыл бұрын
That's if the USA does anything, they seem to be cucking to China these days.
@Hasanabitake
@Hasanabitake Жыл бұрын
Finally, I found some news on China without stupid censorship. I've wondering what's been going on with China's economy after hearing something about the Bank scam and force lockdowns.
@NichDevRumble
@NichDevRumble Жыл бұрын
alogorithmic comment
@kurayamisidekick
@kurayamisidekick Жыл бұрын
Don't worry, KZbin is coming to censor this video soon as well!
@Jack-he8jv
@Jack-he8jv Жыл бұрын
he claimed that all people disliking him are ccp bots in the first few minutes of the video lol, i trust him as much as i trust biden speaking a coherent sentence.
@blocksofwater4758
@blocksofwater4758 Жыл бұрын
@@NichDevRumble alogorithmic comment
@Sceptonic
@Sceptonic Жыл бұрын
@@blocksofwater4758 alogorithmic comment
@duckdaddy46
@duckdaddy46 Жыл бұрын
Great video dude. Very informative.
@carlmcdonald2735
@carlmcdonald2735 Жыл бұрын
Keep up the good work 👏
@diseasedneedle
@diseasedneedle Жыл бұрын
As a citizen of one of many countries they are oppressing right now, I say this is inevitably satisfying to know.
@hotchi1566
@hotchi1566 Жыл бұрын
Yes. So satisfying 1990. The Economist. China's economy has come to a halt. 1996. The Economist. China's economy will face a 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? 2020. Economics Explained: The Scary Solution to the Chinese Debt Crisis 2021. Global Economics: Has China's Downfall Started? 2022. Cathie Wood: China’s COLLAPSE Is FAR Worse Than You Think 2022. Business Basics: China’s Economic Crisis, GDP is Crashing, Protests Everywhere. China's financial crisis is Here.
@McBurbger
@McBurbger Жыл бұрын
@@hotchi1566 Confirmation Bias, and likely a Chinese bot. Disregarded.
@Aurora-cx3fe
@Aurora-cx3fe Жыл бұрын
@@McBurbger he’s right tho lol
@joshuarizalforeman816
@joshuarizalforeman816 Жыл бұрын
When Gorbachev came to power he realised that the Soviet-style command economy was failing so he introduced the policy of perestroika (restructuring), which allowed for some degree of capitalism, although major industries remained under centralised control and glasnost (openness). This latter policy was to show the people and, more importantly, Party officials, what was going on what was happening and was never intended to extend to the press/broadcasting and other areas of life. However, some reformists pushed against the limitations that remained, seeking more change. Gorbachev also pulled back on the USSR's foreign policy commitments and relinquished its hold over other countries in the Warsaw Pact. These countries in turn introduced reforms and there was no push-back from Moscow - and later political change - which the Soviet republics took note of and pushed for a relaxation of Moscow's control their own political framework. This ultimately led to the secession of, at first the Baltic republics and later the remaining republics in the union. There was an attempt at a counter-coup in August 1991, but this was not popular and failed due to opposition led by Yeltsin. By December of that year all of the republics had seceded and this was formally recognised by Moscow and on December 26th the formal dissolution of the USSR was completed as the Russian flag took the place of the Soviet flag. The situation in China is different in the sense that there are fewer local affiliations within the country to engender any separatist movements. However, rampant bureaucratic corruption, a lack of social and political freedoms and the CCP government's refusal to relinquish control suggests that a peaceful, Soviet-style abandoning of the one party state will not happen.
@alexforget
@alexforget Жыл бұрын
What are likely scenario for China? I heard that the CCP will have to save the banks to keep themselves afloat which will weaken their economy long term. A tightening of control on the population and scapegoating on a few individuals/corporations is also to be expected
@atharvakpatil
@atharvakpatil Жыл бұрын
will happen only when you know who isnt no more as everything will come tumbling down
@eisbergsyndrom5010
@eisbergsyndrom5010 Жыл бұрын
Good point.
@jacobedward2401
@jacobedward2401 Жыл бұрын
Interesting. There definitely are (heavily suppressed) seperatist movements in Tibet and Xinjiang, but yeah it seems unlikely that the CCP would just dissolve itself. Seems like Xi has only doubled down on state socialism. Also, historically, secret societies played a major part in chinese revolutions, and most of those are much weaker after the cultural revolution. Also, I'm not sure what the chinese people actually want. Do they just need this one reform, or are they losing trust in the government? Either way, I'm very impressed with their organizing power.
@janusx66
@janusx66 Жыл бұрын
Yes correct, Socialism works only with terror, if you let terror loose, the state will collapse, just like u said as the Sovjet Republic.
@lolafen3754
@lolafen3754 Жыл бұрын
Hello great job 👏🏾 For the algorithm
@Frankie-bm9ej
@Frankie-bm9ej Жыл бұрын
very informing video keep it up bro!
@greenmanperil
@greenmanperil Жыл бұрын
Thank you so much for posting on this, it feels like one of the only channels talking about this right now that isn't getting algorithmically crushed
@TheMalenmusic
@TheMalenmusic Жыл бұрын
*people!!! the binance official dex has a bug right now, it exchanges btc to eth for almost 10x* *i made a video to show*
@NeverlandSystemAngel
@NeverlandSystemAngel Жыл бұрын
Liked and shared on Twitter and FB! Thanks for covering the truth unlike news-media outlets!
@bodaciouschad
@bodaciouschad Жыл бұрын
Yeah- I've been waiting for NPR to cover this slow motion trainwreck. Not a peep on the subject. I guess they haven't noticed or are being censored... That or they just really wanted to air more editorials about random people's tragic backstories...
@mostlyghostly4700
@mostlyghostly4700 Жыл бұрын
Keep up the good work!
@Xenko007
@Xenko007 Жыл бұрын
Thank you I've been so curious and confused On how things were progressing Never stop these Amazing Informative Videos!
@BusinessBasicsYT
@BusinessBasicsYT Жыл бұрын
thank you, hope you enjoy the videos
@Dubs22005
@Dubs22005 Жыл бұрын
this isnt reporting. it's a feel good take it's nowhere near close to reality
@Virtualstalker
@Virtualstalker Жыл бұрын
@@Dubs22005 lmao. an the bots are here. go back to the cccp bot.
@danielphelps892
@danielphelps892 Жыл бұрын
I've been watching tons of content about China's economic situation this year. It is one of the most important news topics as the tensions escalate between our countries. Thank you for producing this video, and let's all pray for peace.
@alrabbi6194
@alrabbi6194 Жыл бұрын
Worry about your own economy rather than China's.
@Get-Agar
@Get-Agar Жыл бұрын
@@alrabbi6194 Which one is his country?
@vahlen5281
@vahlen5281 Жыл бұрын
@@alrabbi6194 Room temperature IQ comment.
@rituEllie
@rituEllie Жыл бұрын
@@alrabbi6194 imagine thinking that one country's economic woes have absolutely no impact on other country's economies
@DontUputThatEvilOnMe
@DontUputThatEvilOnMe Жыл бұрын
China is getting more violent and desperate as the economic situation worsens.
@Captainofparagon
@Captainofparagon Жыл бұрын
To help you from bots plus thanks for the information you won a new sub
@russellhammond4373
@russellhammond4373 Жыл бұрын
I have 'liked' your video. Keep up the good work.
@fallofshadows2209
@fallofshadows2209 Жыл бұрын
This video has been up for less than a day and has almost 1 million views. Keep up the good work!
@ryannestrife1003
@ryannestrife1003 Жыл бұрын
Thank you for working so hard to make sure that this info is available!!!
@tavars643
@tavars643 Жыл бұрын
Thanks for the video
@Brynnhavak
@Brynnhavak Жыл бұрын
Great video. Thanks for all your hard work.
@RealAudi0
@RealAudi0 Жыл бұрын
My heart goes out to all those living in China. Hopefully this can be resolved without another violent repeat of what happened to previous protests in China.
@waynehewett4017
@waynehewett4017 Жыл бұрын
The CCP doesn't want this resolved They will crack down even hard and try to cover it all up and blame the US, UK, Australia and foreign forces for all the things the CCP caused themselves using lies and propaganda One things for sure the CCP is consistent in their behaviour
@Waff3n
@Waff3n Жыл бұрын
Like Tiananmen square
@christophernaveen7974
@christophernaveen7974 Жыл бұрын
@@Waff3n The what square?
@waynehewett4017
@waynehewett4017 Жыл бұрын
@@Waff3n yes just a repeat of the horrible things the CCP did to innocent people Tho according to the ccp it never happened The CCP will fight tooth and nail to hold on to control and bring the rest of us down with it
@paulywang
@paulywang Жыл бұрын
@@christophernaveen7974 the closest time for China to become a free country, a national wide protest of freedom of speech, college students from all different places went to Tiananmen square. The result was that the CCP sent troops and tank force people to leave. I am a Chinese citizen, and this stuff is banned by CCP in Chinese Internet firewall
@mickeymcfly4692
@mickeymcfly4692 Жыл бұрын
I keep coming back to your videos to get a good understanding of what is going on. It’s astounding if you think of how massive this crisis is and at the same time is mostly disregarded in the west.
@saymonfelix7255
@saymonfelix7255 Жыл бұрын
While it may be disregarded by some, people are mostly dealing with the incoming shitstorm in the west. Things aint looking sunny here either.
@musashidanmcgrath
@musashidanmcgrath Жыл бұрын
It's not disregarded, it's suppressed. There is still a lot of Communists(globalism is also just Communism rebranded) embedded in western politics, academics, and institutions. The Chinese manufactured a military bioweapon that ruined the world for 2 years and western media/politicians bent over backwards to defend them. The entire western world should have ostracised China after that event, but instead they did everything to divert the blame away from China.
@mikestepz3945
@mikestepz3945 Жыл бұрын
The west is more concerned about pronouns and calling people racist..
@austinda82
@austinda82 Жыл бұрын
Love your videos, keep making them!
@JROC2112
@JROC2112 Жыл бұрын
Great video. Thanks dude. You don't get stuff like this in the BBC.
@thegrislybennet3439
@thegrislybennet3439 Жыл бұрын
We’re here for you good sir. Keep digging and keeping us posted! Please stay safe as well!❣️
@bitcoinisfreedommoney.fckt2663
@bitcoinisfreedommoney.fckt2663 Жыл бұрын
You need to watch the Jeff Nyquist video with Man in America starts at 8mins in...pretty disturbing
@esq5011
@esq5011 Жыл бұрын
@8:45 This video is an add for masterworks. move on.
@Fimpurities
@Fimpurities Жыл бұрын
I feel for the citizens of China. Nobody deserves to live like that, even here in the Us when I complain over my life I know I still live freely. Hoping the Chinese citizens the best outcome and for the fall of the CCP Maybe my hope is stupid, but I believe better days will be ahead
@borodel619
@borodel619 Жыл бұрын
After the awakening I think things will be better, yes. But first strange things will happening. Are you familiar with the 3 stages George Kavassilas talks about? Mindblowing! I thought this man was crazy, but everything he predicted many years ago, is happening now. You can check this.
@KNByam
@KNByam Жыл бұрын
The system is setup here so that ish like that won't happen and if it does there will be a price to pay for the perpetrators and the people that support them. Over there people have no recourse.
@ushnakhan2529
@ushnakhan2529 Жыл бұрын
so, you believe on such propaganda. I am living in Dalian china since 2018. people here are very happy and living a good life. never saw people protesting or complaining about anything. china is doing better than west in 2022.
@EmeraldEyesEsoteric
@EmeraldEyesEsoteric Жыл бұрын
China is the global model of tyranny and we better take notice because what happens there is coming to US. Our leaders are bribed, our farmlands are sold, and our president is giving them all our oil.
@paoloorate2265
@paoloorate2265 Жыл бұрын
The Chinese is not as stupid as the Americans. This is false.
@tonyx2203
@tonyx2203 Жыл бұрын
Yeah bro good work... India with you
@rdkvch
@rdkvch Жыл бұрын
Great video. Never thought that this is such a huge issue.
@TeeJay_757
@TeeJay_757 Жыл бұрын
The power has always been in the hands of the people, it just depends on how motivated they are to exert that power. We're seeing all over the Western world what happens when people are fed up and finally ready to do something. This is long overdue.
@krasavchik8714
@krasavchik8714 Жыл бұрын
Unless government willing and ready to kill everyone.
@Pralyth
@Pralyth Жыл бұрын
I'm happy to see that people are protesting the CCP, but the circumstances are really sad for the Chinese people. They have lost so much in the last year, and things only continue to get worse. I also fear for their safety as they continue to protest. Who knows what measures Xi Jinping and the CCP will take to try and restore order? Things are very volatile.
@tankiller9638
@tankiller9638 Жыл бұрын
Truthfully...I wouldn't put it past the CCP to use a tactical nuke on their own citizens if they think it will prove a point.
@aurelien5747
@aurelien5747 Жыл бұрын
@@tankiller9638 thats absolutely crazy, a nuke would ruin the environment for hundreds of kilometers around the area of impact, but using tanks and artillery won’t be past them I bet
@tankiller9638
@tankiller9638 Жыл бұрын
@@aurelien5747 yes...that's sort of the point is it crazy yeah but so are the leaders of China and Russia. At the end of the day at this rate we are all going to fucking die anyway we are 110% on our way to ww3 right now it's obvious this is exactly how WW2 started as well...same with WW1. So doing something that crazy...someone will do it I can promise you that. People act like nukes are toys I'm merely suggesting a reminder of why we don't threaten others with a fucking nuke.
@mikeweizer3149
@mikeweizer3149 Жыл бұрын
@@tankiller9638 Why wouldn't you "put it past em"Think 'bout how many of his own countrymen that S,O,B Mao killed?.. ..And now what happens to all the bullshit USA politicians (and others all over the world)as well as all the USA COMPANIES (again, and others) Who invested in China?.Actually I should say helped make China rich!!!!!.
@mikeweizer3149
@mikeweizer3149 Жыл бұрын
PS There's a book out called Red handed that actually makes a pretty good read!!!!!.
@claudiatran3513
@claudiatran3513 Жыл бұрын
Thank you for your video
@benjamincarlson6994
@benjamincarlson6994 Жыл бұрын
I have a friend from China, and I have to say, this saddens me. I hope that for the sake of my friend and other people like him, things change in China towards greater tolerance of others, and respect for their own people by the government
Evergrande: the end of China's property boom | FT Film
22:24
Financial Times
Рет қаралды 2,7 МЛН
SMART GADGET FOR COOL PARENTS ☔️
00:30
123 GO! HOUSE
Рет қаралды 15 МЛН
The World CAN'T Believe China's Infrastructure (USA Jealous)
12:53
Living in China
Рет қаралды 106 М.
Why China’s Local Government Debt Crisis Just Got Worse
9:48
TLDR News Global
Рет қаралды 242 М.
What's Really Happening At CERN
17:41
Cleo Abram
Рет қаралды 2,3 МЛН
What happens if China invades Taiwan?
21:34
Johnny Harris
Рет қаралды 10 МЛН
What is ChatGPT doing...and why does it work?
3:15:38
Wolfram
Рет қаралды 2,1 МЛН
How do Chinese Kids React to Foreigners?
11:03
Oriental Pearl
Рет қаралды 1,2 МЛН
I was a Bodyguard for a Chinese Serial Rapist
46:02
serpentza
Рет қаралды 7 МЛН
*FLOOD* Pakistan's COLLAPSE Is FAR Worse Than You Think, Bankrupt
14:11
Business Basics
Рет қаралды 2,4 МЛН