China's Mortgage Crisis, Banks are Failing, Protests Everywhere. China's financial crisis is Here...

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China's Mortgage Crisis, Banks are Failing, Protests Everywhere. China's financial crisis is Here...
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.

[@BusinessBasicsYT]

*WELP!! as Aug 1st 1 am, KZbin has now demonetized this video too. SMHHHH* Please be sure sure to scroll up and Like this video, as youtube is restricting our videos for covering china's protests. Last video are restricted and demonetized once its started getting views because KZbin deemed in "inappropriate". That's the reason why I have to censor alot of parts of this video. I hope you guys understand my side. Days of work go into these videos, so getting restricted & demonetized is really frustrating. Please drop a like and share this video with other people that way youtube won't restrict it (hopefully, idk how this YT system works lol)

[@keeponlearning4292]

Liked before even watching 👍🏽👍🏽

[@BusinessBasicsYT]

legend

[@forbeginnersandbeyond6089]

I think you have to fact check the tanks in the street video. It most likely was not related to the protests. If you get this wrong, your credibility will be affected.

[@guttzisgaming]

Thanks for being that guy that keeps going and finding truth wherever it is

[@skilletpan5674]

@@forbeginnersandbeyond6089 @thechinashow (Laowhy86 and serpentza) already have said it's got nothing to do with the protests and the footage is from some other area in China that they know (They knew the street the tanks were in).

[@anthonyyoung6489]

Nothing says stability to me more than when there’s a tank at my bank preventing me from getting my money. This is a great channel by the way.

[@BusinessBasicsYT]

thank you for the kind words.

[@deefarhei3617]

at least you got a tank. who doesnt want a tank.

[@dominysynclair]

That could be a new holiday gift. Christians have the Elf on a Shelf, Jewish people have the Mensch on a Bench. Chinese people have the Tank at a Bank.

[@rightsdontcomewithpermits7073]

Lol. Great channel that saying that getting $ out of thin air is a great thing. Sheeple are everywhere.

[@akshitha986]

This is what happening in kerala. Where we have a communist government

[@davefordham14]

I heard that in China you start paying your mortgage even before the house is built. And if for any reason it doesn't get built, you have to carry on paying anyway. That's just batshit crazy.

[@BusinessBasicsYT]

Def. then companies don’t even use money to build the house, they just use it to buy more land

[@HubiKoshi]

I think there was a similar practice in Commie times in my country. People would pay into a special housing account while waiting for a block of flats to be built and after years if not decades of waiting and paying they might finally get their own flat.

[@garyruss3529]

Meanwhile in the USA if your home is destroyed by a disaster or structural failure you still have to continue paying your rent or mortgage. Like in the Surfside condo collapse. Again the politicians & rich write the rules to their financial advantage.

[@teddyflowers2798]

I heard in China that you have to pay to use the bathroom there plus soap and water 💦

[@EXTRA300s]

@@garyruss3529 There is a mortgage insurance to provide that, at least in Europe, you CAN'T buy a house without an insurance.

[@augustagajoshestep]

Thanks for what you do. We really need a decentralized alternative to KZbin so profit-based gatekeeping doesn't censor essential information.

[@STs_Durandal]

it's called odysee

[@alfredbutton4001]

@@STs_Durandal it's called nobody knows wtf tht is 🤭

[@zerofox1551]

It's called Rumble.

[@jukio02]

China won't collapse, they are too big.

[@gdutfulkbhh7537]

Too few people are talking about this impending economic disaster. Well done - subbed.

[@jamilm4668]

Stop spreading fake news

[@blueciffer1653]

lol aged like milk

[@duncanmoore3780]

The Fact that KZbin continues to not allow legit documentation of oppressive acts, speaks volumes of where their morals lie.

[@beezusHrist]

Their morals lay with money. Why can't you people understand that lmao? It's capitalism, get with the program

[@kerra3699]

Morals. It’s really the lack of.......

[@beezusHrist]

@@kerra3699 why would an economic system that promotes maximizing profits promote any types of morals or nationalistic fervor? It's in KZbin's best interest to appease China. It's really as simple as that. And we here in the United States aren't National Socialists so isn't this what you guys want? Stop moralizing this 🙃

[@someoneelse9059]

@Lycan Bingo.

[@treeliniusmaximus8412]

I dont know why KZbin gives a crap in this case. Its blocked on China, most Chinese people will never see it because they cant.

[@Arcademan09]

In all seriousness, it's really amazing seeing the people of China stand up for themselves against their government. I know there's people here who always criticize the CCP and that's great but unless it's coming directly from the people living there, that's the only way real change will happen

[@salpertia]

Damn shame we can't do the same

[@sierraecho884]

It is not. They are not protesting against the CCP, they just as brainwashed. They are protesting because they lost a lot of money and it got personal now. There is a difference.

[@abramrexjoaquin7513]

In a communist society... Buying a "second house" should be illegal. Because you're owning a home without the intention of living in it.

[@sierraecho884]

@@abramrexjoaquin7513 It is, more of less.

[@klyons217]

I agree. There's a quote from MalcolmX: _“Nobody can give you freedom. Nobody can give you equality or justice or anything. If you're a (wo)man, you take it.”_ Last week I watched Game of Thrones S4E4, "Oathkeeper" at 7:00, where they are freeing a city of slaves. One guy says _"No one can give you your freedom, brothers. If you want it, you must take it."_ Unfortunately, the current trend (since COVID) is for countries to have *less* freedom. Especially with Biden bumbling around.

[@Valendrizzle]

Thanks for speaking out on this matter!

[@BusinessBasicsYT]

Thank you for the support

[@davidcerullo7976]

Excellent presentation! You make things easy to understand. Thank you for your hard work 💜

[@bilinb.bilinovich539]

I'm worried about our future when YT censors stuff like this from small channels, but lets big news organizations post whatever they like with monetization. And many more sites have started doing this. Buring/hiding/consoring important history like the tianaman square is really important history we should learn about so it doesn't get repeated.

[@garyruss3529]

The more money you make the more politics get involved.

[@chrisodillman3355]

same worries here ..

[@tommybergstrom8155]

Nothing too see here, move on

[@-Believeinyourself-]

Oy vey!

[@williambrock3349]

CCP owns Silicon Valley and the news media and Biden

[@eaglex5723]

I was a journalist in China in 2000s. Here are some facts I know by that time: In 2007, land sales consisted more than 70% of China's provincial and local governments' annual revenue. And that was an average number. In some local areas it reached astonishing 95%. And that's not the worst part yet. The worst part is the provincial and local governments spent all those money in the following year. When we talk about land sales in China, it's actually land lease. The CCP claims the ownership of all lands in China. And in a land sale they just permit the real estate developer to use the land for 70 years. Logically, the government should not use all the income of a land sale until they can sell it again 70 years later. But in fact they spent all 70 years' money in 1 year. That's why the CCP keeps the urbanization movement, which keeps giving provincial and local governments more land to sell. And that's why China's provincial and local governments are facing a HUGE financial trouble right now as the real estate falls: They are losing at least 70% of their annual revenue!

[@qijia4769]

man, you sounds like a teenager. have you ever met a government anywhere in the world that has too much money? let alone saving the money for 70 years. China has many problems but the government finance security is not one of them especially compared to the western equivalence.

[@drunk3n_m0nk12]

@@qijia4769 +50 social credit score. You will be rewarded an additional 4 rations of rice for your loyalty to Winnie.

[@bestaround3323]

@@qijia4769 I will take my loss in social credit and say that just because other governments are bad with their money doesn't excuse China for it.

[@eaglex5723]

@@qijia4769 I'm in my middle age and I believe I'm at least 20 years older than YOU. To answer your question, yes a bunch of people who were taking middle or higher positions in China's local government were 'friends' of mine, at least in terms of dining and drinking together. I can see how desperate you are trying to save China's face. But unfortunately what I said were facts.

[@gouhoh7906]

@@drunk3n_m0nk12 Nah, they only get 0.5 RMB for one comment and nothing more

[@finhub9364]

Listening this from 10 years nothing happened

[@shieldranger1368]

Youre a legend. Independent news reports and free speech are so important.

[@BusinessBasicsYT]

Thank you for the support

[@lkvandermerwe]

I live in Thailand who does business with China…the amount of misinformation about the state of China is staggering. This channel gives a good overview of the real situation.

[@BusinessBasicsYT]

any unique changes you are noticing recently since you deal with people in china?

[@lkvandermerwe]

@@BusinessBasicsYT China has been more conservative about promises with regards to money. Not really promising much, but also wanting to keep the door open. It looks like they still want to bring Thailand into the fold through the same debt practices, though.

[@BusinessBasicsYT]

ohh wow. I will look more into the debt trap talk, see if video is possible in the future

[@orangerightgold7512]

@@lkvandermerwe debt practices like the IMF?

[@MRoROBOT]

@@BusinessBasicsYT i think the debt trap for china is a win win for china if dept is default thay can deman something if is success thay take the credit

[@dwightvahl6455]

Completely insane that KZbin won’t allow us to see what is and has happened in China

[@michaelgoodwin593]

not at all. Do you think its a coincidence?

[@Lord7Seas]

No es KZbin quien no deja ver que ocurre.. es el régimen diractorial y narcisista el que mantiene ese cierre hermético de china.. Una dictadura

[@a-s-greig]

@@michaelgoodwin593 not at all. 😏

[@easymentality]

Completely EXPECTED if you've been suspicious of the links between government and "big tech" for any length of time.

[@ericsuarez834]

Look for United States war crimes and then talk about censorship

[@gregschafer1112]

Still waiting for something to happen.

[@buckeyebeliever3397]

That point you made about the collateral difference around 15:30 between 2008 and this crisis was really enlightening. Commenting to help with the algo

[@StarTrek4Life]

I guess Chineese sensors are working overtime in the US as well because I had no clue this was happening until I found this video. Thank you for informing me on this issue that China is facing.

[@Leo-dt5ic]

The US is, in fact, the second country China has the most power over. Chinese censorship controls even US culture by proxy, jornos are equally under their thumb

[@DominumAnimum]

China Insights, China Observer and Real Talk with Lei are reliable channels for everything there is to know about China.

[@Pouncer_Fox]

Dude, Chinese trolls are everywhere on any related issues, from this to the conflict with Taiwan. In some places, their bots are dominating the comment sections, even when their grammar errors are hilariously obvious.

[@bakadoge5565]

@@DominumAnimumI'd add serpentza laowhy86 and china uncensored

[@Auzzzie82]

This is absolute Bs ! I just got back from China to Australia! There were some minor protests at banks that’s about it

[@OmegaZyion]

The other thing that caused this crisis is that Chinese citizens are limited in what stock options they have available. Basically, the CCP bars its citizens from purchasing stocks outside of China, and since the CCP has a hard-on for taking down any Chinese business that is being too successful, the Chinese stock market is very unreliable. The only real retirement option available to Chinese citizens is real-estate. Which is why the real-estate Ponzi scheme went on for so long.

[@tonysu8860]

Naw, even the stock markets in China are illusions. In a real stock market stock shares are pieces of actual ownership, and when you buy stock and become an owner in the company, you gain shareholder rights and have a say in how that company is run. But, in China there is no private ownership, foreign investors are blocked from owning any Chinese entity and even Chinese citizens never own anything, the CCP is the ultimate owner of everything. As demonstrated with the Ali and Ant Group companies founded by Jack Ma, even those large and successful companies are not immune from CCP power and by the end of 2022 should have been taken over entirely by CCP officers who do not work with or for Jack Ma. And, not even Chinese can own real estate. There is only a 70 year use rights for residential use that is granted by the local government without any statement what would happen after the use rights expire. The CCP is too young to know what the consequences of its actions are and is making things up as time goes on, perfectly willing to break laws, agreements and norms as it fixes what it breaks. Rule of Law does not exist in China which is essential to a working liberal democracy like the West. And if Rule of Law does not exist, private ownership really does not exist even in the tiniest form, any private rights to own anything from bank accounts to land to businesses and everything else is an illusion.

[@oldmandoinghighkicksonlyin1368]

They can buy precious metals instead of speculating on real estate. At least with gold you know it won't fall down like all Chinese tofu construction

[@royhsieh4307]

my friends easily bought and kept quite a bit of foreign stock just from their account from china, now your joke is something old.

[@bobravenscraft5376]

Save your yen and tell everyone you lost it onRealestate

[@owenb8636]

Also from what I heard the Chinese stock market is pretty under regulated, lots of pump and dumps. Chinese people are mistrustful of it

[@yyangzhang4373]

Excellent job! Do more about it!

[@neutralino1905]

Gordon Chang has quite a bit of competition.

[@markdragon9395]

As a chinese myself, i wanna thank you for all your efforts for making these videos where you're making aware people about the issues that China is facing, i'm really sorry that the censorship even on youtube is affecting you, this is awful and unacceptable. Keep it up like this, you're doing great and thank you again! Edit: guys, if you want to have some laughs you have to read the comments down below on this comment, people are nuts. Wth is wrong with people? Oh, I’m not American, so don’t call me an ABC(American born Chinese) because I’m not.

[@Dannyhunter1970]

Can you not see America using this to spread propaganda to run down China do you want yo br a part off Americas link 🔗 of propaganda

[@markdragon9395]

@@Dannyhunter1970 ahahahaha 😂 Yoh this is exactly what my uncle says whenever I show him these videos, “this is all American propaganda!” He said when I showed him a video where Chinese people in China were protesting in front of a Chinese bank, therefore suggesting that it was all just a fake setup pull up by Americans lol 🤦‍♂️

[@eternalobi]

That's the thing about propaganda videos. There is always a little bit of truth sprinkled on a mountain of lies.

[@markdragon9395]

@Christy Li yyyyeep i do, in fact I always try to inform my uncle to all the messed up things are happening in China, sometimes I can make him reasoning but most of the times it’s hard. I once gave him this example, "if in a social media in america you write that the american president is a poor fool, nobody tells you anything, indeed probably someone could even agree with you, if instead on a chinese social media in china, you write that Xi Jinping is a poor fool, see what’s gonna happen to you, certainly nothing good! " he obviously didn't know how to answer me back. “A-Ha! Gotcha!” 😂

[@Dannyhunter1970]

@@eternalobi a. America want China to fail and Russia to fall

[@BreakfastAtNoon]

"You can't show this it's violent and we have to think of advertisers" It's literally on the news, which has adverts.

[@BusinessBasicsYT]

its insane how differently KZbin treats normal creators vs big news organization. All my clips in my last video were from news videos that are still on KZbin. But since I used those clips, my video got restricted and demonetized.

[@BreakfastAtNoon]

@@BusinessBasicsYT they put all these restrictions on the smaller channels and take away the monetization but the adverts still stay on the videos. It's just a excuse not to pay you and keep the revenue for themselves. They say the 4 thousand hours and 1k restrictions for instance was to stop terrorist channels spreading news and upsetting their advertising. No, it was just killing payments going to 98% of channels.

[@alexanderwu]

Have you considered nebula

[@duckduckgoismuchbetter]

@@BusinessBasicsYT Have you considered Rumble?

[@JohnSmithZen]

So true. And it REALLY pisses me to F off.

[@gykg3202]

Thank you for the video very informative! Thanks for warning about the China bots!

[@BarnJ]

Glad to see KZbin is staying true to their values of justice and equality by restricting content that covers protests in China or speaks negatively about the CCP. Our moral betters in big tech really have our best interests at heart!

[@carmenelenamitrofan6860]

WTH are you talking about???!!! Just because yt blurs the parts of video with explicit violence....

[@clydecraft5642]

@@carmenelenamitrofan6860 yes the tankman standing there is explicit.

[@therealbatman8085]

@@carmenelenamitrofan6860 except they dont just blur the violence. Its blatant censorship

[@TheSkooterbords]

Found the YT employee

[@carmenelenamitrofan6860]

@@therealbatman8085 if it was blatant censorship this whole video wouldn't have been available.... There are plenty of cases where, yes, yt had cut and is blatant censorship but this is not one. For example, at the beginning of the pandemic there videos uploaded from China that showed the true things happening the desperation, the death, etc... Now i don't know if can find one...

[@BreakDownUnder]

Really disgusting that KZbin wants to censor this video. Truly despicable. Good job OP, sorry you had to put up with this nonsense

[@bababoie2314]

Yooo whachu doing here sis?

[@BreakDownUnder]

@@bababoie2314 ?

[@bababoie2314]

@@BreakDownUnder oh. My bad my bad Must have the wrong assumptions

[@ClutchRXD]

it's 'demonetized', not censored. Learn the difference plz

[@BreakDownUnder]

@@ClutchRXD the implication is that it is a policy that negatively impacts those who speak out, thereby being indirect censorship. It's more like a limp-dicked version of censorship.

[@jamesmetz5147]

Good Info. Thanks for the effort.

[@sternenwind00e]

Hey y fixed music volume, nice. There are moment that could improve by smoothing it out but its watchable, for me. The choice of a more sombre music over dramatical action loaded ones also helped.

[@domvarley4999]

Proud of them for taking a stand against their opressions. Other countries should follow when they overstep too instead of ignoring it and hoping it will go away.

[@napoleon7107]

When are you amerikans 🇺🇸 going to start standing up against yours?

[@virginiamoss7045]

At what cost? The same thousands of lives and injuries and arrests as before in 1989? At what cost?

[@OleDiaBole]

@@virginiamoss7045 Alegedly, thousands wounded and killed... And only evidence western propaganda machinery produced is that one guy standing in front of tank... And even that lonely idi.t wasn't hurt. Repeat a lie 100 times... Ghoebels would be prowd of you.

[@maxgainz8406]

Like Canada and the Netherlands.. ‘democracy’…

[@modestmouse6]

@@maxgainz8406 life is truly unbearable in those tyrannical countries, isn't it?

[@lizard_being4568]

Thanks to KZbin for confirming this is actually happening in China, and it's not just a rumor. If the story weren't accurate, it wouldn't need to be censored.

[@analyticalhabitrails9857]

Ooooffff!!

[@analyticalhabitrails9857]

Very astute observation!

[@xiaogangdasha]

random video on youtube, yeah, it must be true...

[@viifeer8431]

@@xiaogangdasha refute it then

[@Gandhi_Physique]

@@viifeer8431 Yeah, let them refute a 20 minute video in a comment section. They didn't say it was fake anyways.

[@YeszCore]

Thank you!

[@lawrencesobinsky3932]

Thanks for reliable information.

[@torbenem4579]

Channels like this are so important these days. Keep it up and don’t let censorship win

[@TheActionBastard]

I live in the USA where we have "free speech" and it's shit like this that makes me worry for the future of that freedom. Censorship seems like all youtube ever does... they sure as hell don't actually review and handle copyright claims properly. Too busy censoring this.

[@rangzen4175]

True

[@BusinessBasicsYT]

Welcome! Thank you for the €4.99

[@moedark4390]

It bothers me that youtube wont allow videos to be shown of chinese protests.

[@willydilly9020]

@@TheActionBastard You have free speech protection from the government, not private companies like KZbin or Twitter.

[@SolracCAP]

Demonetization sucks. Thank you for what you do because it matters!

[@BusinessBasicsYT]

Thank you for the support

[@TecXpansion]

I loved your tibet video and the others you make, KEEP IT UP!!!

[@sashah2006]

Great video man! I absolutely despise YT for trying to censor content by demonetizing it. They are not curtailing bad actors, hate speech, etc.. they are censoring content that their advertising companies don't like which is bullshit.

[@freetrolling6806]

The Great “Gordon G. Chang" China Expert - The collapse of China ( 2001 ~ 2022, every year ) 30 years later, China is still waiting for the collapse?

[@freeman10000]

You Tube and it's crazy rules only empower criminal enterprises such as the Chinese Communist Party.

[@Kraken9911]

Yeah I'd go somewhere else except no one else has content nearly good enough.

[@gistus123]

They’ve been doing this increasingly over the past 5 years, there is no longer free speech on this platform, the only time you can say something is if it fits into their disgusting corporate paradigm and it’s investors who don’t care about freedom or human rights.

[@MrVvulf]

Have you considered that they may have asked him to cover the faces of the protestors to protect them from identification and reprisals by the government of China?

[@andrewcleverly1322]

EVERY FAMILY HAS A PERSON WHO BREAKS THE CHAIN OF POVERTY. I PRAY YOU BECOME THAT PERSON. Amen 🙏

[@silveramos2920]

You are absolutely right.

[@silveramos2920]

Though miss-information and lack of financial education leads to negative thinking..have an investment strategy.

[@andrewcleverly1322]

@Mark Anderson crypto investment, but you will need a professional guide on that.

[@andrewcleverly1322]

Facebook 👇

[@andrewcleverly1322]

@Mark Anderson Mark J. Ramsey

[@adrianene5098]

Keep up the informative videos, great job!

[@shaynyoe]

Really interesting. Thx for posting.

[@OddRagnarDengLerstl]

I warned about this ten years ago. When visiting neighbourhoods in China, I saw that the majority of the homes were uninhabited. Not sustainable at all.

[@TheAreyoucereal]

You are seeing some of this in the US as there are investment groups that are buying whole neighborhoods to use as short-term rentals.

[@tofutofu6268]

@@TheAreyoucereal oh definitely its one of the reasons why no one can buy homes in the US right now

[@JohnSmith-nz2yq]

@@TheAreyoucereal what's wrong with buying whole neighbourhoods and using them as rental? You dont get it, do you?

[@orneryokinawan4529]

@@JohnSmith-nz2yq why'd you like your own comment? Less than 5 mins old lol

[@carlosmacmartin4205]

They’re terrified and racing to avoid “losing face”, civil stability, and their absolute power. Keep the information coming!

[@dentonyoung4314]

So why can't the Chinese government just print enough yuan to cover all the debts? That would solve all the problems at once, and there would be no more protests.

[@tomwhone9804]

Unfortunately the Chinese government will not budge. Have you seen what they've done in Hong Kong? Hundreds of thousands of protestors angry China is curtailing their freedoms. China just keeps pushing back and will continue until they've broken the peoples' spirit.

[@raine5508]

Terrified? They haven’t even begun showing their true force lol

[@raine5508]

@@ezze7540 Godspeed

[@pootispiker2866]

@@raine5508 Their true force is incompetence.

[@jamesmetz5147]

Thanks for the Info.

[@user-lc8yc4cq5n]

Even your sponsor inserts aren't that intrusive, combined with informative content is a good format. Keep it up.

[@devenbo8128]

Thanks! It’s a shame a once American company is tying to squash something like that. I really appreciate you and your willingness to still cover this despite the risks.

[@JewTube001]

No risk. It's a highly lucrative topic. He was only making around 10k views doing finance guru videos. So he made a around 100x gain from switching to china scary content and raking in 7 digit view counts. Like you even just gave him $5. Nobody did that when he was talking about ARK.

[@aetherwizard3218]

Google and KZbin have been employees of the CCP since like the early 2000s. It's not surprising at all. They should quite frankly be brought up on treason charges.

[@ClutchRXD]

what risks exactly?

[@abrahamlinkin2414]

I would find ways to donate to him that don't go through YT if it's that important to you.

[@archvaldor]

@@JewTube001 "He was only making around 10k views doing finance guru videos. So he made a around 100x gain from switching to china scary content and raking in 7 digit view counts. " You don't understand how youtube works. The cpc on finance videos is huge. It could literally be 100x time that of a politics video. Views are NOTHING to do with how much you get paid from youtube. But thanks for spreading misinformation and hindering some essential work on combatting state tyranny.

[@GodOfPizza]

It sucks that 90% of this video is blurred, but it still gets its point across perfectly.

[@thomashosker2420]

Thanks!

[@billturner6564]

Very good video well done for grasping the thorn

[@danielstehura9657]

Great Video! Thank You! Please keep us up to Date!

[@edmondchan3426]

Let me get this straight, Evergrande made plans to build homes, sold said homes before the material was even a ledger (figuratively), then turned around and levied the already sold homes as an asset to increase the value of the loan? This is like when I learned why Godzilla couldn't exist. It would collapse upon itself by its sheer mass. For Evergrande, it was its own debt. At what point was Evergrande going to stop? Assuming it even could.

[@chloescat]

Santa doesn't exist. GOJIRA DOES EXIST!!! HOW DARE YOU! 😂😂

[@TheArmedassailant]

We have fiat money they have fiat homes?

[@mikes.2471]

No worries they will get bailed out and whatever it takes so he will be the savior once again.

[@NewmaticKe]

CEO & CFO resigned

[@randombutrelevant1606]

Yep, called basic human greed

[@Seba-mn1dl]

I have a Chinese friend who got trouble with Evergrande. So they sold houses on sale in 2020, if you transfer 100% of the house price right away. Who comes first, gets the apartment. She even borrowed money from relatives etc... The building and flats just existed as models. In 2021 it all for frozen and money seems lost.

[@makemetallichydrogen426]

Lol!!🤣China is about to collapse! And we India will rise to be the king of the world! !😏

[@zhuzhu5781]

@@makemetallichydrogen426 and people think the chinese are stupid for liking their government...

[@Crashandburn999]

@@makemetallichydrogen426 Which is definitely MUCH more preferable. At least India is a democratic country, is far less dirty with scheming, and isn't so hostile towards all their neighbors. Indians also have enough morals to not run concentration camps and human farms for organ harvesting.

[@sinoroman]

China is paying a good amount to the victims. maybe she is one of the people to be paid

[@ATBatmanMALS31]

@@makemetallichydrogen426 yeah, if India didn't have the caste system... it already would be.. but it does, so it isn't, and probably never will be. Fix yourselves, you guys aren't even trying.

[@McSqueezyTheCow]

LOVE this! I’ve been following the Evergrande debacle for over a year now and it’s great to see more being discussed and being brought to light.

[@davidnolan7667]

Ill be posting the link in all of my social medias, just to continue to raise awareness

[@blitzroehre1807]

Interesting to note how much leverage China has on KZbin, they would not take these steps if there was not some truth to these reports. Keep up the excellent research! Subscribed

[@Andrew-fn9oc]

Ye I find it strange he can't show videos of tanks not doing anything (including the tiananmen square line of tanks, with the man stood in the way, everybody has seen this video). But we can all find 1000000 videos of the Ukrainian war, often times uncensored, titles literally explaining the way x killed y and why.

[@DrSaav-my5ym]

@@Andrew-fn9oc Because the Ukrainian War is fake manipulated event

[@MasterIceyy]

KZbin have literally stated that they boost videos they believe people need to see, mainly political ones, so it's no surprise the CCP have sway

[@rh906]

It's less leverage and more muscle memory of looking appealing to advertisers. And a number of them with deep pockets are connected to the Guo.

[@orye09]

China does not have leverage over KZbin. KZbins automated system for handling flagged videos is just terrible and easily exploited

[@markhumble3423]

In India, life savings are invested in gold, usually 22K custom jewelry. In China, it's real estate. In both cases it's a physical thing. In the West it tends to be securities, i.e. intangibles. Presumably this represents a demarcation between systems based on trust or lack of it. This lack of trust in the Chinese system inevitably leads to unrest. So, we have pointless lockdowns, suspension of depositor withdrawals, censorship and tanks in the streets. Distraction away from the core problem is a typical response, such as whether Pelosi visits Taiwan. Unfortunately, war is historically another.

[@RCXDerp]

Even in America people diversify into real estate. I'm almost entirely in securities though, don't have to take care of my stocks.

[@vyros.3234]

More stocks in America. Free market moment. But Pelosi visiting Taiwan doesn't connect to current issues in China. It's just the US taking its support for Taiwan to an official level. But originally nobody in the US cared but when China started freaking out and issuing threats. Immediately majority of Americans supported the visit, even Republicans who hate Pelosi. Then add Russia saying we shouldn't to the fire. China has it work cut out for it with the recession, housing collapse, demographic collapse, young generation uprising, and Taiwan(Western Democratic China that is more developed with a higher gdp capita right next to Communist China, basically showing that life is better in a Democracy).

[@theEVOhero94]

The problem is our world is ran by power hungry fools .

[@ImportedFromSerbia]

@@vyros.3234 Where did you get data or impression majority of Americans supported her visit?! Reading comments, most people question her visit to Taiwan as a SOFH.

[@shawnm2113]

@@vyros.3234 The entirety of the DoD advisors were vehemently against her going. She’s the third most important person in her line of work… It’s not the time for these games. If we back them, we back them. They’ll just have to take our word for it. China voicing threats and U.S. showing nothing but our yellow belly is all anyone needs to see. I feel completely disgusted, not that anyone asked.

[@inspirediscipline]

This video is sooo well Made.. You’re the best!! ..

[@JayJay-wf2oe]

Thank you for informing me about the situation. I knew nothing of it even though I'm in China.

[@kimmiekardesh8514]

If there are protest now there must’ve been a lot of anger and injustice brewing from before. It sucks for the people living in the country tat has a greedy government.

[@BusinessBasicsYT]

def

[@masonrobirds4190]

Every government is greedy they are just communist...... and oddly collectivist

[@OmegaZyion]

That's typically what happens in communist governments. In order to enact communist ideals, you need absolute power over people's lives and the economy. And absolute power corrupts absolutely. The only people who get to enjoy the "fruits" of communism are the politicians pulling the strings.

[@leoladystewart8613]

That is every govt mate, I don't know if you have been seeing the protest all over the world for the past 2 years during the Plandemic scam.

[@olgakim4848]

The CCP is not just greedy. They're evil and incompetent and only care about their false image greatness and saving face while horribly using and abusing their own people.

[@mnemonyss]

If it wasn't for creators like you, KZbin wouldn't even have a platform to make money on. I applaude you for keeping it real, even if they won't.

[@JewTube001]

the problem is they weren't making money... the reason youtube wants family friendly content is because that's what the big advertisers want. truth is firms like coke, nike and KFC don't want to pay or be associated with controversial topics.

[@oyekunbiadams8742]

@JewTube controversy is HOW you get views. If it was only a family friendly site, only a tenth of KZbin channels would be on. There has to be a balance, however, and the social media companies are now arbiters of freedom. I believe they hold the right to ensure some rules are followed, not just for profit but for social profit.

[@tobiasb6892]

The problem is that there's clear misinformation in this video. For that reason I didnt even finish it. The blurred out tanks supposedly in the streets of Henan due to bank protests is from another city moving gear between bases. There's no infantry around the tanks, rather guys in hi-viz vests, this usually indicates that theyre just moving their gear rather than oppressing people. Stop the spread of misinformation, it might sound juicy and play into what people expect or want to hear but it's not helpful

[@youknowmyfirstlastname3206]

@@JewTube001 well Cia funds 4 sure.

[@user-kp7gy2gu9f]

This is complete nonsense, the protest video used in it is just a protest against the unfinished building of the community

[@wyattthewyvernwattson393]

thank you so much for these videos

[@TheSirChrisExo]

Good Job that is rly nice work and do what you need to do to inform us

[@iviui2d3i2]

Sorry for the issue of Big Tech being highly entangled with China to the point of messing with your videos. However, I cannot thank you enough for keeping up the fight and informing us on such highly important happenings. The facts presented in this video alone are insanely important, perhaps more so than many folks realize. The level of something this huge potentially having a catastrophic financial impact on China and the ripple effect across the world is beyond insane. And I knew *NOTHING* about it until this video. I know it can't make up for demonetization, but I must extend my ultimate gratitude and thank you for this video from the depths of my heart. Thank you so much for shining a light on this.

[@oldrrocr]

Those who were paying attention saw this coming years ago. It's the kind of future we might have if the trumps get power again. bank on that.

[@kikirobi]

Calm down sir, this video didn’t cure cancer.

[@davidis3LC]

Wish I would've heard about this earlier/more.. Definitely going to hurt more than China if these banks fail.

[@DjGrimmace]

Honestly, it might actually help a lot of other countries considering if the CCP collapses, the principal loans from china to those other countries would be null and void, allowing a reprieve for the rest of the world.

[@imapopo2924]

Possibly, but the CCP collapsing would seriously benefit the world as a whole by removing an ambitious and extremely belligerent party from power. I feel greatly for the people of China and I truly hope that they do not suffer, but their government is straight up evil and needs to fall one way or another. If they dont, I truly fear what they may do in the future...

[@neganrex5693]

It my hurt a little bet but America needs to learn to make their own pocket knives and soft-wear again.

[@neganrex5693]

It's going to hurt fake news and the Democrats because that is wear the money was coming from in pay outs.

[@MrMountainchris]

Let all the systems collapse. They're all evil. Capitalism and religion must die for humanity to move forward.

[@gr3mlinAU]

Great work, keep spreading the truth!

[@digitallydifferent]

Thanks for sharing !!

[@thehonesttruth8808]

Love how you broke down the demonitization issues and how it affects you…subscribed…keep up the good work

[@Booer]

How it affects who?? This is pure garage analysis

[@differentfins]

I see China's obsession with real estate even here in Canada (I imagine across many countries). Canadians cant hardly afford to buy homes in their own country because Chinese billionaires bought all the houses in cities like Toronto and Vancouver. Houses that used to be $100k now cost over $2M within a decade or two simply because China owns all the houses and controls the market. This housing bubble is only recently starting to fail.

[@Sotheridoc]

Its the same worldwide.

[@acking1502]

Same here in America. It’s sick that we literally have to compete with foreigners for our land

[@gavintantleff]

@@acking1502 in America it’s a lot more of us having a shortage of houses. If we build more houses, they will become a lot cheaper. I’m looking at you California. Allow people to build big apartment buildings and it will help a lot with your homeless percentages

[@Lucretia916]

@@gavintantleff it’s Larry Fink and blackrock buying up the houses

[@Deliveredmean42]

@@gavintantleff I am pretty sure that a lot of housing in American were bought out by billionaires in the real estate market, just like in China. Like seriously even tho the 2008 recession happen it seems like the remaining that continue exploiting the house market keep on doing that.

[@tirlokrai8087]

Awesome information If only you have patience to watch Thanks

[@mohammadsagar]

Australia facing exactly same issue. especially in sydney and melbourne

[@woodworkinginferno9312]

We should be concerned about Chinese banks because like in 2008 banks are connected to each other globally with loans to each other ect. Also governments with this much control of their people tend to start wars when they feel threatened internally or externally to distract everyone from what is happening.

[@stavid7870]

Chinese real estate sector is the largest asset in the world. It's going to be hugely devastating to the world economy. Economic depression, starvation, global war and real pandemics are in our near future. Not only bc of china's situation but many other things happening simultaneously.

[@tedkaczynskiamericanhero3916]

Chinese banks aren't connected to the US. They use an independent system.

[@johncasamassa462]

You are correct. The first banks to fail in 1929 were in Austria. It spread throughout Europe and eventually to the US. In the midst of this economic upheaval Hitler and Mussolini came to power. In 1939 WW2 began.

[@guadalupe8589]

@@johncasamassa462 they'll never be another "World War" like WW2. Nukes have ended that possibility. Unfortunately, this doesn't end the possibility of A WAR from happening. A total war in modern times will be an unthinkable atrocity

[@antonmarek6377]

This is the perfect storm for an attack on Taiwan. I hang my head and cry.

[@jordantheallmighty]

I'm not the type to comment on videos, I usually like and lurk. This is video is a great example of the type of content I enjoy and they're the reason why I use KZbin. The fact that creators struggle with censorship, exposure, and being fairly compensated for ad revenue makes me frustrated with the platform. I hate that I have to leave a comment just for the sake of manipulating an algorithm that doesn't even benefit the audience I'm a part of. That being said, here we are. Keep up the good work and fight the good fight.

[@neilsmith2047]

Agreed. Thank you for saying what I am thinking. I try to be fair in thought as many people do.

[@TonklinFallen]

To help out small channels like this, comment more. Even if it is just saying "just a comment", even the droll "first" helps. Because the KZbin algorithm only sees that people are interacting with the video and so it will boost the creators videos. My personal favourite throw-away comment is "A comment for The Algorithm ". The creators know what you are doing, and appreciate it.

[@jesseterrell2109]

I’ve been seeing this for years with firearm related content

[@maalikserebryakov]

so what if you don’t comment a lot. you want a medal son? hahaha

[@JewTube001]

doesn't benefit you? but you got everything you wanted here. the video is well publicized. millions of views. recommended by youtube. the channel has hit it's peak... he's far more successful with these videos than he was talking about cathy wood. before he could only make money from webull affiliate, but now people just gift him donations.

[@HBRO_04]

0:00 I always here the sound effect

[@freedominsteadof1984]

Thanks for your awesome work 👍👍👍

[@darkdarkdarkdra]

Thank you for this well made video, When all news chanels are partisan or censoring. we need the unbiased truth out in the world, ore and more.

[@BusinessBasicsYT]

Welcome! Thank you for the £2.00

[@theotherjared9824]

Something particularly interesting is that it boils down to citizens refusing to give the government money. This means those citizens disappearing would not be in the best interests of the government, as they would not be able to get that money afterwards. This means more publicity with less easily silenced protesters.

[@Malama_Ki]

But they can freeze and seize any assets they have left. Lastly, they can force them as debtors to pay.

[@floridaman6982]

The American revolution was over taxes

[@Skumm93]

@@Malama_Ki You can only do that by so much, and that only fans the flames, you can't crush revolutions forever, you can only hold them at bay.

[@JakeSummers2424]

Government can drum up fake debts and force them to pay while they are alive. The US did this to me... "The 1996 (DCIA) permits Federal agencies to garnish the pay of individuals who owe such debt without first obtaining a court order." - letter to my employer It didn't matter I had proof of bank records not paid anything from them. I never got a chance to get my day in court. They immediately began garnishing my wages by 50% (before tax). Here's the kicker, no matter how much they stole, the amount they said I owed kept going up (not down). I was forced into a 7 year battle with 3 congressional representatives to put a stop to it. Bankruptcy didn't work(it just added a 10yr ding on my record). I was forced to quit my job and move back in with parents because I couldn't pay rent. I was forced to not work for over 3 years. It completely killed my career. I had to go back to school all over again. All together they took 14 years of my life. And every lawyer I spoke to says I can't sue them because they have sovereign immunity. Ever since I've seen government do criminal activities and not have to answer for itself, I've always been against government.

[@royhsieh4307]

"boils down to citizens refusing to give the government money." i believe it's called tax evasion in the rest of f the world.

[@claytoncallaway6412]

The irony of American banks needing to get bailed out while Chinese banks are fine

[@otis3744]

i came here to announce these sentiments

[@otis3744]

propaganda isnt just a “socialist” thing, its more or less a result of the lie of the world we live in, im convinced JESUS is the only true things, everyone lies about their favourite no one is honest, they hate china so china is losing but case in point we see the opposite

[@End3rWi99in]

Chinese banks are being propped up well past the point of no return. The US banks, however, just directly weathered the storm and are now fine.

[@claytoncallaway6412]

@@End3rWi99in Chinese banks are fine, one real estate developer declared bankruptcy which forced the gov to step in, clean up the mess, and impose regulations to prevent other developers from doing the same stupid things. A big American bank collapsed a few months ago because America removed regulations that stopped them from doing stupid things. Also what is this imaginary “point of no return” that you’re making up for Chinese banks 😂

[@mahdipara7294]

Thank you for your video Good luck on the next ones❤️💐❤️💐👍👍

[@A____G]

This is probably the most well presented economic explanation I've ever seen. You do an incredible job of describing cause and effect layer by layer while also keeping it easily digestible. I genuinely came away from this video with a functional understanding of the topics you discussed, and that is rare to say the least. Definitely will be paying attention to your channel. Also I think KZbin's censorship practices are getting more and more out of hand as time passes. I really don't understand what they hope to accomplish by suppressing this kind of content. I'm glad that you're not deterred by the unjust demonetization of your videos.

[@caesarforlife1663]

This is all BS. I listened to a speaker who was an ambassador for India based in Beijing during Tiannen Square Massacre. He said it was nothing like the western media portrayed. The West is up to its same tricks again with the Uyghur situation in Xinjiang as well as possibly looking to blame China for its own problems with this housing finance market BS.

[@brixenlang3207]

@@Anonimo-xl8rp you sound like propaganda

[@youknowmyfirstlastname3206]

It's nothing men, have you seen own cops shoots over speeding?

[@stevebrown1131]

AG--China has incredible power in the US.

[@DannyParkerDirty]

China has KZbin in there pockets where they want them

[@rotwang2000]

These situations are like a running train. Everyone knows they will run out of track at some point and the train will crash, but every second the train runs, it generates money so nobody is trying to really fix the problem because the money is flowing and fixing it may cause a disruption in the flow. People on the train know there is a problem, but they figure they can jump off just before it crashes. A few people are on board to run the train warn the train will crash, but they are told to either continue running the train or somebody else will be happy to run the train in their place. Of course some people believe the train will never crash and it will run forever. And then the train crashes, nobody saw it coming and they all try to jump when it's already too late. The worst is when people think that the train crashing wasn't a problem : "We just have longer track next time, because there is no other way to run the train, it has to go that way, doing it differently means less money ..." Doing the same stupid thing over and over with mostly cosmetic changes in the hope that this time it will be entirely different ...

[@BobMarley-uz9mn]

But it will just remain the same right?

[@bigbubba4314]

The rest of your story is that the government prints money and uses it to bail out the companies or the investors, or both. Thus no risk for doing what you describe.

[@Asunnybeach]

Do you know the definition of insanity ?

[@rerror3577]

I think it is more they know the train can't be fixed, and just want to jump off at the last second. Even the government couldn't fix it.

[@fergferguson7370]

It will happen to the globe if they go down…mid evil times ahead.

[@sally183]

Thanks news

[@leetcodeking4859]

I love this. I just moved to Singapore from China. So much nicer hear.

[@CB80645]

Just discovered your channel. Thank you for all the research that I can tell goes into your videos! Thank you for putting the truth out there.

[@CYCLONE4499]

Its only a matter of time before their economy fails. That being said its important to follow this closely because if history teaches us anything its that desperate countries have a tendency to go to war to deflect eyes away from the economy and military conquest can bring in more money and materials. Worth keeping an eye on

[@ahauckify]

9/10/01: Donald Rumsfeld goes before Congress and testifies that the Pentagon cannot account for nearly $2 trillion in spending. Basically, they had spent $2 trillion and didn’t know what they’d spent it on. We all know what happened the next day. Is that like what’s happening in China?

[@Yixdy]

They're not the first country in the past several months to have a complete economic meltdown. America is well on the way to one too. Things are looking rough, I think people should look inward first and foremost, and fix issues on the home front, before worrying about countries on the other side of the planet *cough*billions in aid to Ukraine*cough*

[@pmp521]

Maybe the reason China is threatening to invade Taiwan

[@moisesromero6490]

Yep, I can see it now. Proxy war China vs US. Both countries need to give us some circus to keep us distracted as they become more repressive.

[@commoq3764]

@@Yixdy I wonder how America will try to fix its crumbling economy, maybe we’ll see another 911 as an excuse to invade some oil rich country. Who knows.

[@amitavasarma1061]

Very informative

[@KyuutoFoxFX]

6:55 Looks oddly familiar.

[@lecturesfromleeds614]

There was a developer here in Leeds (Yorkshire, Northern England) that were going to build the highest residential tower in Europe, but the 2008 credit crunch hit the company and the project was called off, but all the people that bought into the development got their money back through an insurer I think? I'm surprised there's no safeguards in China

[@EricDaMAJ]

Like I’ve said for years. China is a bad mix of the worst of communist authoritarianism and the worst of Gilded Age capitalism. It’s a bold strategy. Let’s see how it works out for them.

[@kerra3699]

Not well I think.

[@honesty_-no9he]

@@kerra3699 You know nothing.

[@honesty_-no9he]

China is light years ahead of the rest of the world. The West is backwards and poverty stricken compared to China.

[@Nephalem2002]

Best way I describe it is their a Capitalist Dictatorship cosplaying as a Communist one.

[@xy_77]

They continue to grow so it works…

[@ijepoymoko6279]

I wish you could do the same review for the Philipine economy and all this kinds of topics that you cover. I'd definitely watch it. I there's one already, please let me know.

[@daotruong2275]

thanks for the videos

[@dr.decker3623]

China: we are a developing nation please give subsidy Also China: Launches space program,.. "don't look over there, we are still developing"

[@TheBuilderize]

They couldn't even make ball bearings until 2016. Their space program is a fucking joke.

[@craigbarrett5476]

Been tracking this for a while, last I heard Evergrande were due a repayment in early 2022, CCP we're considering bailouts. Thanks for bringing me up to speed. Great content, don't stop.

[@pedritaaceron1971]

i beleive they have? I heard CCP offered 1 trillion or something

[@Ludak021]

Yes and because of that China as a whole, according to this channel, will fall. Can you believe that?

[@varietywiarrior]

@@Ludak021 Fingers crossed.

[@poorsvids4738]

@@varietywiarrior Not sure if China's economy collapsing would be a good thing. Many Chinese families could become homeless and global inflation will become even worse.

[@AIrfan-cz2kt]

@@Ludak021 doubt it will truly fall like predicted. Just like in 1929 when Austria has an economic crash that lead to the rise of dictators like Hitler and Mussolini, they will find and a scapegoat and fire up the war machine to distract the people from what's happening. The tension between the US and China regarding Taiwan right now is proof of that. It's all just a game of checkers for these major powers.

[@nelsontan8178]

no its not...everything is okay...

[@ordinacijamariomalnar197]

Good work, keep it on.

[@Poorly_Edited_VRChat_Skits]

Great in-depth coverage. Thank you, you do better work than pretty much all media outlets.

[@xiaogangdasha]

The whole channel is about spreading political agendas.

[@parabot2]

@@xiaogangdasha The Chinese and Brics nations have just side stepped the old U.S centric system . This entire video is now irrelevant. Add that the west is now prepping it's people for massive energy cuts , Carbon credit , and bug eating , the average joe would do better focusing on your own family , system and what their elites have planned for them.

[@frontbattles8090]

so cringe to call that in-depth coverage but I guess it's enough for narrow minded people you believe the first thing they hear.

[@aljo8200]

don't let these nerds put you down. anyone who writes several comments in a single video have nothing better to do fr fr 🗿🗿🗿

[@stormevans6897]

Huh, what's scary is that collapses like these seem to fuel wars.

[@kaunaz4443]

Something is brewing and it won't be small

[@1HeatWalk]

I pray this don't come true, because that just make the financial crises even worse.

[@kaunaz4443]

@@1HeatWalk It's horrible but time and time again in history these conflicts arise in order to stabilize the economies

[@Booer]

Thats not why the US is the most ambitious imperialist. They literally build up the domestic economy of places thru co-operitive negotiations. Unlike US who dropped nukes to see what would happen 😄

[@tinus1971]

I wonder what would happen to the global markets if the situation worsens. Will it affect all markets like the 2008 financial crisis did? And if so, would you keep investing in stocks when values plummet or would you keep a portfolio of shares or even invest more because of the low prices?

[@zlion1996]

Best videos ever, thank u 💓

[@Michael-rx2hv]

Highly recommend the Polymatter series regarding some of the biggest issues facing China this decade. It opened up my eyes to the façade of a cohesive, imperialist, and efficient China. We've got our issues in the States but China (and media generally) has a huge interest in suppressing information like this that might undermine confidence in its financial and investment markets.

[@gordo3582]

In the US you usually only put down a small deposit (in escrow!) for new construction home purchase and do not pay a dime more to the developer until its not only completed but inspected and given a certificate of occupancy and all issues identified by the buyer are addressed. This ensures that developers must be well capitalized and gives them incentive to do quality work and it protects the buyer and it's an incentive for the builder to get the job done as soon as possible. The system they have in China has the opposite incentives and was a disaster waiting to happen.

[@mikaellindqvist5599]

What about your presidency?

[@okaythen001]

In China they paid it full before the thing is built or ?

[@StonedGossard_]

@@okaythen001 apparently you start paying the mortgage before the house is built and if for any reason it's not built you have to continue paying said mortgage

[@kaesi6118]

90% home ownership in china. significantly better than the usa.

[@yuxi9171]

Even In uae here off plan project, paid only very small percentage and it’s secured by government through a account called escrow

[@give_guns_a2_chance499]

I like your videos, i always try to hear all the sides

[@allenaxp6259]

The crisis is being driven by a number of factors, including: A slowing economy: China's economy is growing at its slowest pace in decades, and this is having a negative impact on the property market. Oversupply: There is an oversupply of housing in many parts of China, which is making it difficult for developers to sell their homes. Rising interest rates: The Chinese government has raised interest rates in an effort to cool inflation, and this is making it more expensive for people to borrow money to buy homes. Government crackdown: The Chinese government has cracked down on the property market in an effort to reduce risks to the financial system. This has made it more difficult for developers to get financing. The crisis is having a ripple effect through the Chinese economy. Banks are facing losses from the defaults, and there is concern that the crisis could lead to a wider financial crisis.