Japan's Lost Decade is China's Future

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Valuetainment

Valuetainment

Күн бұрын

Patrick Bet-David explains the economic impact of Japan's Lost Decade and how it could shape China's future. Discover the similarities and differences between the two economies in this thought-provoking video.
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Patrick Bet-David is the founder and CEO of Valuetainment Media. He is the author of the #1 Wall Street Journal Bestseller “Your Next Five Moves” (Simon & Schuster) and a father of 2 boys and 2 girls. He currently resides in Ft. Lauderdale, Florida.

Пікірлер: 1 100
@shundi4264
@shundi4264 5 ай бұрын
Since 1990, Economist has been predicting the collapse of China. Since 1990, the size of Chinese economy has been multiplied by 30 times. That's 3000%.
@xiaoma-eworld
@xiaoma-eworld 5 ай бұрын
Nope, 60 times in dollar.
@Ganjalivesmatter
@Ganjalivesmatter 5 ай бұрын
That may be true but currently China is having a lot of internal problems and a massive aging and falling population. These were not a problem till now.
@LouiseChong-xk5xp
@LouiseChong-xk5xp 5 ай бұрын
​@Ganjalivesmatter that is exactly what the economists said at that time😂😂😂
@Ranchmountain
@Ranchmountain 5 ай бұрын
@@Ganjalivesmatter The same problem they pointed out 30 years ago😂 Plus, taken account of the technological advancement in the time we live in, these last-gen economist’s analysis need to be received with caution.
@LanNguyen-vd4zt
@LanNguyen-vd4zt 5 ай бұрын
@@LouiseChong-xk5xpno wonder your last name is Chong. Look at those little bitty eye.
@kolviczd6885
@kolviczd6885 6 ай бұрын
This is the type of 'feel good content' to make yourself happy when your wish for China's collapse is unlikely to happen. Here's why: - 1. China is not Japan, It is 25 times bigger and has 10+ times more population than Japan 2. China, unlike Japan, is not directly control by US. America cannot suppressed China's growth as they wish like they did to Japan. (Even now US is doing everything to stop China's growth but there is big limitations - as China is NOT JAPAN both in size, scale and power) 3. Unlike in the 90's, USA is not the only superpower now, the world is multi-polar today with many mid powers and great powers. Countries are not afraid anymore to go against US bullying nature, and therefore US cannot deter China like they did to Japan in the past. Time have Change folks. 4. China is not just a country, it's a civilization of thousands of years, they know how to raise the game when face with difficult challenge. 5. China has been warned about their collapse since the 90's (like this video) and here we are today, China have only grown to become a superpower, despite all the warning, and crying and moaning from the west. 6. The west will be crying for China's collapse even in 2050, so nothing new, or nothing to be surprise here! 😄😄
@umbriel7740
@umbriel7740 6 ай бұрын
Well said. I don’t know what China’s future will be, but I know it is a massive nation full of hard working people who want to improve their lives. I also know the US is scared of losing its hegemony and so is resorting to insults and desperate sanctions to reign in its rival.
@Hafonso76
@Hafonso76 6 ай бұрын
China doesn’t flip burgers for $20 a hour
@Gogogigalo
@Gogogigalo 5 ай бұрын
Hey are you stationed out of Beijing or Shanghai or are you a private contractor for the CCP?
@hanlintao3631
@hanlintao3631 5 ай бұрын
You're missing an important point. China is a highly centralized communist state, which means the United States cannot force the CCP to make any concessions.
@deanchur
@deanchur 5 ай бұрын
@@umbriel7740 -Full of hardworking people -"Lay-flat" and "let it rot" continue to exist. They're like everyone else; they're only going to work hard if the rewards are worth it.
@faizalzaidin
@faizalzaidin 6 ай бұрын
In summary, Japan economic downfall entirely cause by US.
@walhdamaskus2408
@walhdamaskus2408 6 ай бұрын
Exactly. When u get surpluss from american in trade. They will attack u. American are a bad looser.
@dennisestradda9746
@dennisestradda9746 6 ай бұрын
Their demographics collapse is not an issue? Or cheap lending practices
@mrsimpleslowmo
@mrsimpleslowmo 6 ай бұрын
Actually Japan became huge because of the US but it's way too hard to understand for your kind
@dennisestradda9746
@dennisestradda9746 6 ай бұрын
@@mrsimpleslowmo these bots spew out their arse, they didn’t need a military after ww2 thus freeing a lot a capital and all other conflicts where the they provided and got paid for during the Cold War.
@FrostKaiser
@FrostKaiser 6 ай бұрын
​@@mrsimpleslowmoLol😂. The plaza accord deal started a negative domino effect in Japan. After the deal was signed, the Japanese bubble burst happened, as a result Japan's economy became stagnant. The companies couldn't increase the wage of their workers while the price of products were increasing every day. Average Japanese graduate was making 1700 USD in Tokyo in 2022. The rent of one studio apartment in Tokyo was around 870 USD in 2019. You also have other expenses. So a young Japanese don't have enough money to buy home, get married and have kids and it has been that way since the 1990s. As a result even if an average Japanese couple married, both of them needed to work to meet their expenditure. Anyone who knows about the workplace culture in Japan knows that it's hellish. So after a long day at work, none of them would have time or energy to do romance. That's what the plaza accord did to Japan. But I guess your highness have a very big brain unlike us to understand Japan's economy. Btw here's something for you. www.bloomberg.com/news/articles/2024-02-16/german-direct-investment-in-china-rose-to-record-in-2023
@MichelePonte
@MichelePonte 6 ай бұрын
PBD, I love your work, but every time you speak about China you base your knowledge on American journalists who don’t understand their system. As you have taken Cuomo to give a voice to the left, you should actually speak to someone who actually knows China to give you insights not based on US propaganda.
@gtr5860
@gtr5860 6 ай бұрын
what do you know about china? bcs you are disagree here 😂
@MichelePonte
@MichelePonte 6 ай бұрын
@@gtr5860 I lived in China, and I’ve a Chinese girlfriend too. For example, in many videos Patrick speaks about Social Credits but he has no clue what he is saying and I suggest he should watch a video by Polymatter that explains them well.
@MichelePonte
@MichelePonte 6 ай бұрын
I replied to you, but my comment disappeared... not sure if some topics are blocked on this channel@@gtr5860
@diana34768
@diana34768 6 ай бұрын
So let’s listen Chinese propaganda instead I guess?
@liveinsea1
@liveinsea1 6 ай бұрын
@@diana34768 third option: do not comment on china if you dont know china. is it fair?
@Mu3az523
@Mu3az523 6 ай бұрын
The two countries are very different in many ways
@louistan7560
@louistan7560 5 ай бұрын
Japan's lost 4 decades. Not one. The Japanese made the mistake of listening to the Americans in every policy, both financial and political.
@davidz7858
@davidz7858 5 ай бұрын
Japan didn’t have too many choices. China is much different in both of political and economic. China don’t and will not sign any treaties as the Plaza Accord. Also China market is big enough and supply chain is most self efficient, west sanctions could not work on China.
@junizhao
@junizhao 5 ай бұрын
Japan didn’t listen, they obeyed.
@Freedom_from_imp
@Freedom_from_imp 5 ай бұрын
And they still do. Their votes in the un, like south Korea, line up perfectly with whatever the west votes.
@boiscooka232
@boiscooka232 5 ай бұрын
Uni Soviet do the same thing 😂
@dfsdh432v9
@dfsdh432v9 5 ай бұрын
its not like they have choice. in 1990, US saw japan as the most threat to US dominance, and china as a good partner.
@ricotheman8139
@ricotheman8139 6 ай бұрын
The only problem is, the US can’t force China to sign the Plaza Accord. 😂😂
@dennisestradda9746
@dennisestradda9746 6 ай бұрын
Chyna is getting no investment 🥲
@jaylooppworld381
@jaylooppworld381 6 ай бұрын
I mean, the US cant force china to do anything
@bigboss337
@bigboss337 5 ай бұрын
US doesnt need to force china to sign the plza accord 😂. China has already created a massive real estate bubble, 20% youth unemployment and a fast aging population without the plaza accord 😅😅😅
@ricotheman8139
@ricotheman8139 5 ай бұрын
@@bigboss337 well, you clearly need more knowledge in economy, watch some documentary films at least and comment after.
@bigboss337
@bigboss337 5 ай бұрын
So you have no arguments to counter my statements then 😂. China, despite not signing any plaza accord, already has many similar problems as japan did after the plaza accords😊
@chamindadecosta3970
@chamindadecosta3970 6 ай бұрын
"To be an enemy of America can be dangerous, but to be a friend is fatal.” Henry Kissinger
@geralda576
@geralda576 6 ай бұрын
Except if you are Israel who controls the US congress.
@ttttggggg636
@ttttggggg636 6 ай бұрын
SO NORTH KOREA IS BETTER OFF THAN JAPAN AND SOUTH KOREA?
@bat2275
@bat2275 6 ай бұрын
You mean like Canada? Canadian economy is done and government response is to raise the carbon tax.
@soupsoup1031
@soupsoup1031 6 ай бұрын
That clown should have been jailed.
@icydawn4257
@icydawn4257 6 ай бұрын
@@soupsoup1031Kissinger ( now dead @ 100👍, or Trudeau?)
@sleepyjoe4529
@sleepyjoe4529 6 ай бұрын
this guy yaps a lot but has very bad takes. Dangerous combo
@taco1010
@taco1010 6 ай бұрын
Guy finally watched a peter zehein video
@lzeng78
@lzeng78 6 ай бұрын
😂😂🤣
@walhdamaskus2408
@walhdamaskus2408 6 ай бұрын
Bad move from him.😂
@epsilon3821
@epsilon3821 6 ай бұрын
I dont like this direction. I went from zeihan to friedman to mises. I doubt pbd really looked into mises as much as he needs to. PBD is going backwards if he keeps entertaining zeihan, he doesnt actually provide any real value. He should look more into murray rothbard and ludwig von mises.
@taco1010
@taco1010 6 ай бұрын
@@epsilon3821 whose misus, whats the full name
@epsilon3821
@epsilon3821 6 ай бұрын
@@taco1010 BRO look up Ludwig von Mises he practically founded the austrian school of economics and predicted the great depression. The deep rabbit hole should ultimately lead you to Murray Rothbard and Hans Hoppe.
@rhena229
@rhena229 6 ай бұрын
Lol! Whatever. You haven’t even set your foot in China.
@slc801
@slc801 5 ай бұрын
So true ! Because he’s china hater 🙄 and by the way he and his family is originally from Iran
@barryraymond9004
@barryraymond9004 5 ай бұрын
Visiting China is not that big a deal. Its like Tokyo in some places but dirty and poor AF if you actually have to visit the factory that builds your stuff.
@rhena229
@rhena229 5 ай бұрын
@@barryraymond9004have you been there? If you have, then that’s a big deal. Otherwise you are just talking nonsense.
@barryraymond9004
@barryraymond9004 5 ай бұрын
@@rhena229 been there. Done that.
@rhena229
@rhena229 5 ай бұрын
@@barryraymond9004 what year? For how long? Do you speak Chinese so that you can communicate locals? I can, and I was there for three months just last year.
@owenhoong88
@owenhoong88 6 ай бұрын
I from south east Asia and travel to China about 4-5 times a year. The ignorance of so many westerners is truly an amazing thing. Like it or not, China is still a developing country and they're still growing fast. In recent years, all the western media has been on steroid about the fall of China without telling the truth about China economy to their audience. For non western people that understand China, we can only guess why they're keeping that away from their audience. The global south especially China has learned a lot from the west but western people never bothered to learn about other part of the world. My guess is that their biggest hurdle to learn about China is to learn mandarin in order to be able to read. 😅 But one thing I'm sure is that in the 90s the Economist had been saying about the collapse of China economy. My guess is they are probably right and they will have to wait until it's proven for them to be declaring that they were right. I'll just say this part of the equation for now, people like me already knew about a property trouble in China back in 2018 as we pay attention to the Chinese leaders, covid came and it got delayed for 2 years. If you want to understand China influences, travel around south east Asia and don't just listen to bloomberg or WSJ. ❤
@ChibiTalha
@ChibiTalha 5 ай бұрын
china will still be around even long after USA and EU are dissolved and forgotten
@28119850
@28119850 5 ай бұрын
Well said
@georgeinjapan6583
@georgeinjapan6583 5 ай бұрын
What country are you from ? Thank you in advance...)
@ketsune23
@ketsune23 5 ай бұрын
China is the present and the future, anyone that denies this is deceiving himself. The US is evil, and they will try to go to war with China over Taiwan (they travelled to China recently to threaten Chinese officials over their business policies). BRICS block is strong and will grow. Welcome to the world, the old world is dying, Western nations will be poor and somewhat like 3rd world countries with the mass illegal immigration that they are allowed to enter.
@MedX16
@MedX16 2 ай бұрын
That’s why they couldn’t beat China using intelligence it’s because of the language and culture I think, I also travel to China 2 or 3 times a year and I agree with what you said, it’s still a developing country and there’s still a big work to do due to it’s bigger surface area.
@JuliusKuncoro-r8f
@JuliusKuncoro-r8f 6 ай бұрын
This is the worst analysis and comparison i've ever watched, big talk and lot of BS
@slc801
@slc801 5 ай бұрын
Like most of his videos 😬
@herman9255
@herman9255 6 ай бұрын
China expert but has never been to China
@Tiananmen1989FreeTibetHK
@Tiananmen1989FreeTibetHK 5 ай бұрын
I have been to china and i dont want to return, so i would understand if he doesnt want to go there either because china is now a toxic place
@28119850
@28119850 5 ай бұрын
Exactly! Echo chamber, 3rd source and unverified misinformation, yet trying to sound like expert. That is western media, so arrogant and self-serving.
@shanmugasundaramrajeswaran8737
@shanmugasundaramrajeswaran8737 5 ай бұрын
@herman9255 do you mean to say before buying a stock in the market you need to check the balance sheet of that particular company 😂😅😂😅,childish right 😅😅😅
@herman9255
@herman9255 5 ай бұрын
@@shanmugasundaramrajeswaran8737 I mean if you called yourself a sommelier you better already had a glass of wine
@herman9255
@herman9255 5 ай бұрын
@@shanmugasundaramrajeswaran8737 I always check a company's balance sheet, may it is because I had been a banker for 30 years. I feel everyone should do this, and thank you for calling a 65yo a child.
@marktrinidad7650
@marktrinidad7650 6 ай бұрын
Patrick my boy. China isn't going anywhere. It wouldn't displace America, it would just keep getting a better version of itself everyday.
@Kale-Sims
@Kale-Sims 5 ай бұрын
You are delusional.
@boiscooka232
@boiscooka232 5 ай бұрын
China also will make Microchip 5NM this year 😂
@FanxiangLi-zi4fw
@FanxiangLi-zi4fw 5 ай бұрын
Exactly,China has no intention to displace the US
@weichengcn
@weichengcn 6 ай бұрын
Very interesting how he distort history about Plaza Accord. It is the US and its allies ganged up against a strong emerging power Japan to stop its momentum. Japan, relying on US for security, kaotoued. Together with subsequent policy misteps, led to Japan's lost decades. This channel produces more drama than knowledge.
@bigboss337
@bigboss337 5 ай бұрын
Germany also signed the accord. But yeah, the US and its allies ganged up on japan😂. Are you also gonna blame japans subsequent policy missteps on US as well? Didnt realize that the US and its allied ganged up on japan and forced them to start a huge real estate bubble 😅😅😅
@barryraymond9004
@barryraymond9004 5 ай бұрын
@@bigboss337 Japan got rich before they peaked. China peaked and its still poor.
@VodkaPandas
@VodkaPandas 5 ай бұрын
@@barryraymond9004 And who said China is at it's peaked? If China still poor, then it's not their peak.
@barryraymond9004
@barryraymond9004 5 ай бұрын
@@VodkaPandas China peaked 3 years ago. Now GDP growth is based on massive debt via government spending. China’s workforce peaked a decade ago. There is only so far you can go with communism at the helm as they need poor masses to maintain control. To be fair it did pretty well for a communist state for as long as it did, but the central planning, wealth confiscation, and capital controls were implemented to preserve the CCP and killed foreign investment. So its over now.
@纪思豪
@纪思豪 5 ай бұрын
​@@barryraymond9004China peaked 3 years ago? Rise and fall people...rise and fall. 😂😂
@rhena229
@rhena229 6 ай бұрын
Japan is a U.S. colony, has U.S. military base stationed, can’t make independent decisions for its very own benefits. Germany is in the same situation, exactly why they can’t complain about what happened to Nordstream. China is completely different.
@王义竹
@王义竹 6 ай бұрын
You can't let the Japanese see this comment, they will be embarrassed
@TrudeauhugspandasnotMicheals
@TrudeauhugspandasnotMicheals 5 ай бұрын
China has 90% of its groundwater poisoned, over 1 billion empty ghost homes, and you all like relations with farm animals….nobody likes the CCP, nobody
@deezeed2817
@deezeed2817 5 ай бұрын
@@王义竹 Not really, The Japanese i've spoken to have accepted that reality. I live in Australia and i've accepted that we've become a U.S vassal state and have to fall in line with their nonsense.
@georgeinjapan6583
@georgeinjapan6583 5 ай бұрын
If you mean Americans can live with impunity in the countries (as implied) then you are wrong.
@rhena229
@rhena229 5 ай бұрын
@@georgeinjapan6583 I won’t rush into right or wrong conclusion. Let time play its course.
@chowch6603
@chowch6603 6 ай бұрын
Talk BS. You are No idea about China!
@coreana.aesthetics
@coreana.aesthetics 6 ай бұрын
This is incorrect. China is still developing economy with 1.4 billion in population, large land mass, rich in natural resources and own so many leading high techs.
@pjw3438
@pjw3438 5 ай бұрын
Japan is not an independent sovereign country. America owns Japan. The United States tells Japan what industries it cannot develop, and Japan must obey. This is the reason for Japan's economic recession. Unlike Japan, China is an independent and sovereign country and has nuclear weapons.
@georgeinjapan6583
@georgeinjapan6583 5 ай бұрын
@@pjw3438 With all respect I disagree here. The Plaza Accords had a limited effect (maybe 35% of the reason). Japanese leaders (politicians and company upper eschelon) also become arrogant and didn't innovate as much after 1992 (30%). Also they didn't help families with work/life balance (25%). Finally much of the boom was amplified by loose lending and an overheated property market (40% or more). Different views are allowed here fortunately.
@pjw3438
@pjw3438 5 ай бұрын
@@georgeinjapan6583 Emperor Hirohito was the number one war criminal during World War II. Due to the need to govern Japan, MacArthur chose not to hang Emperor Hirohito, but only to humiliate him. This made Japan's transformation unsuccessful. Japan does not reflect on its fascist crimes during World War II, and at the same time it is still brooding about being nuked. On the surface, Japan is extremely submissive, but secretly nationalism is rising.
@georgeinjapan6583
@georgeinjapan6583 5 ай бұрын
@@pjw3438 I think there is a pride here in Japan, but the next country likely to invade another is China. (Indian, Vietnamese and Philippine people also agree on this.)
@pjw3438
@pjw3438 5 ай бұрын
@@georgeinjapan6583 pride for what? being nuked?twice
@MM-sr6fw
@MM-sr6fw 6 ай бұрын
If you want to learn what happened to Japan and why Japan’s economy started declining. Talk about the Plaza Accord signed 1985. The US is now trying to do what it did to Japan “ containment” of its growth.
@henli-rw5dw
@henli-rw5dw 6 ай бұрын
Correct. China is not signing Plaza. They control their currency, which is why there is conflict.
@adamiskandar5107
@adamiskandar5107 6 ай бұрын
Japan signed the accord. Any chance China will sign a similar accord?
@haochengzhai7156
@haochengzhai7156 6 ай бұрын
​@@adamiskandar5107日本配和中国比么?贸易战第五年了。
@nicholaselliott2484
@nicholaselliott2484 6 ай бұрын
Seeing sings of the pinks and 50 centers in the chat
@kolviczd6885
@kolviczd6885 6 ай бұрын
This is the type of 'feel good content' to make yourself happy when your wish for China's collapse is unlikely to happen. Here's why: - 1. China is not Japan, It is 25 times bigger and has 10+ times more population than Japan 2. China, unlike Japan, is not directly control by US. America cannot suppressed China's growth as they wish like they did to Japan. (Even now US is doing everything to stop China's growth but there is big limitations - as China is NOT JAPAN both in size, scale and power) 3. Unlike in the 90's, USA is not the only superpower now, the world is multi-polar today with many mid powers and great powers. Countries are not afraid anymore to go against US bullying nature, and therefore US cannot deter China like they did to Japan in the past. Time have Change folks. 4. China is not just a country, it's a civilization of thousands of years, they know how to raise the game when face with difficult challenge. 5. China has been warned about their collapse since the 90's (like this video) and here we are today, China have only grown to become a superpower, despite all the warning, and crying and moaning from the west. 6. The west will be crying for China's collapse even in 2050, so nothing new, or nothing to be surprise here! 😄😄
@hc1897
@hc1897 5 ай бұрын
In today’s world wishful thinking is not only news. It is also expert analysis.
@AndyS789
@AndyS789 5 ай бұрын
It's always been this way. Real critical thinking doesn't pay the bill, sometimes it will draw slanders and even attacks. On the other hand, if you produce something they like, you are invited to the party, a circle jerk party.
@soragaming3653
@soragaming3653 6 ай бұрын
Japan in World War 2: samurai Japan in 2024: anime cat and usa slave
@moltenlava1877
@moltenlava1877 5 ай бұрын
UwU
@farhanlabib-kc7ud
@farhanlabib-kc7ud 5 ай бұрын
Yes I think Japan is the only Asian to support the Israel. Most of the Asian countries are concerning to world and supporting Palestine as possible. Where Japan still trying to get attention to west and America😅
@georgeinjapan6583
@georgeinjapan6583 4 ай бұрын
@@farhanlabib-kc7ud Do you feel Israel has a right to exist ? Do you just fell they have pushed things too much ?
@farhanlabib-kc7ud
@farhanlabib-kc7ud 4 ай бұрын
​@@georgeinjapan6583 Isreal is just listen to westerners. But I think they both Palestine and Israel should stay harmoniously. But Isreal is occupying and concerning the world to much
@georgeinjapan6583
@georgeinjapan6583 4 ай бұрын
@@farhanlabib-kc7ud OK, so you have a more balanced view.
@cedricparfait2197
@cedricparfait2197 6 ай бұрын
Why are u guys so obsessed with China?
@jinkazama2555
@jinkazama2555 6 ай бұрын
cant really ignore them, can we?
@JohnDorian-j7x
@JohnDorian-j7x 6 ай бұрын
How is this video "obsessed" with China? LOL. Its primarily about Japan, if u actually watched the video
@GoldPeakLLC
@GoldPeakLLC 6 ай бұрын
@@jack99889988get a life lol. You’re so obsessed on absurd topics.
@dennisestradda9746
@dennisestradda9746 6 ай бұрын
You Chyna bots aren’t even supposed to be here 🤣, stfu
@slc801
@slc801 5 ай бұрын
@@JohnDorian-j7xyou really don’t understand 🙄
@gregoryedwards9097
@gregoryedwards9097 6 ай бұрын
This is wrong. China is not following USAs rules like Japan did with the plaza accords and still do today. China is quietly observing and ensuring they don’t do the mistakes USA did
@king-fisher
@king-fisher 6 ай бұрын
China's economy is in the *T0lLET* (no one doubts that). Only question is how far down it is.
@user-pq7jj3vs3e
@user-pq7jj3vs3e 6 ай бұрын
China is not a threat as an economic power in the near future. The threat is more military/security. Will CCP engage in military confrontation to distract ppl from sluggish economic outlook?
@guens01
@guens01 6 ай бұрын
​@@king-fisherthat's what happens when you've been fed propaganda.
@gregoryedwards9097
@gregoryedwards9097 6 ай бұрын
@@king-fisher Yeah, as is every economy currently. Germany has no access to cheap fuel since the Nordstream blew up, thus will need to bring it's manufacturing to the US. Japan's Yen is crashing and might need to do something similar as well. Europe is screwed as a whole. So what's your point? If it's Evergrande and the housing bubble, China is handling it in a way that the US and the West would never do, and that's let the companies fend for themselves and receive the reprecussions for creating such a giant ponzy scheme. If it's their population, yeah, that will create trouble, but mind you, they still have four times our population. Oh, and they also have ALL their manufacturing still there. And Huawei just released a phone that surpassed their expectations. The US has VERY little manufacturing anymore, with our main strength being the military industrial complex. So... anyways... what's your point? Nearly every nation is in the toilet right now lol
@terryritter7065
@terryritter7065 6 ай бұрын
@@gregoryedwards9097 China really doesn't have the mechanisms to get out of said toilet. When the time comes, they'll be screwed.
@user-qb9by7mg7d
@user-qb9by7mg7d 6 ай бұрын
This guy is so phony. What is he trying to do now? Become the next Ray Dalio?
@kuanged
@kuanged 6 ай бұрын
Japan is an island with no natural resources. China is a massive country connected by land routes to the Eurasian landmass. There's no comparison between the two.
@levelazn
@levelazn 5 ай бұрын
CHINA IS THE FUTURE
@internationalinvesting4336
@internationalinvesting4336 5 ай бұрын
China is the largest importer of oil in the world and the largest importer of food and foodstuffs. They are also a rapidly aging society. Their economy is a time ticking bomb.
@panyaboonc5621
@panyaboonc5621 5 ай бұрын
If that is the case, why is India not like China today?
@kuanged
@kuanged 5 ай бұрын
@@panyaboonc5621 India is surrounded by mountains to the north and hemmed in by Pakistan and Bangladesh. It has a larger population than China but with only 1/3 the landmass of China to support itself. Furthermore, the weather patterns of the subcontinent make it so that more than half of the Indian population has to squeeze into a small sliver of land around Utter Pradesh in the northern part of the country. Finally, India is a hot weather country, which is correlated to having a lower economic output.
@kuanged
@kuanged 5 ай бұрын
@@internationalinvesting4336 Ha! The US is the largest importer of food in the world, and the EU is the largest importer of oil. Both entities have rapidly aging populations as well. The US also has a rapidly growing debt to GDP ratio while Europe is rapidly deindustrializing. Neither the US nor Europe control global supply chains anymore and rely on imported goods to keep their economies going. C'mon dude, not only did you get your starting facts wrong, you're also turning a blind eye to all of the Wests glaring weaknesses to try and pin all the worlds doom and gloom on China. What do you have to say for yourself? 🤣🤣🤣
@M_Jono
@M_Jono 5 ай бұрын
Japan dominated the electronics and Auto industry in Asia then come the era of Korea and China begin to taking the cake. Here in SE Asia practically all Japanese electronics are wiped out by Chinese and Koreans
@davidwong7283
@davidwong7283 5 ай бұрын
Just look at Sony ...surprised they still can sell TV here in singapore . In japan i know they still popular .
@aleksandarlugonja2195
@aleksandarlugonja2195 6 ай бұрын
China is leading in AI. Smart cities are not just implemented, but they have several of them of the size of NY working perfectly. Green energy, electric cars...should I continue? All future tech is based from China and we get this video propaganda? Such a ill prepared material, I wasn't expecting from Valuetainment.
@zidonglin2953
@zidonglin2953 5 ай бұрын
When a person only tells you half the truth, he is actually lying to you. China and Japan do face similar problems. But this man is intentionally ignoring the biggest difference between the two countries to his audience: That is that China is a sovereign state, while Japan is not; Japan is just a colony of the United States. Japan does not have any way to reject the U.S. Plaza Accord, while China has the ability to resist any U.S. sanctions.
@wenling3487
@wenling3487 6 ай бұрын
LOL compare what happened on Toshiba on 1980s and Huawei NOW, anyone can see the clear difference: China is nuclear power house with full sovereignty which US can't do nothing to stop; While Japan is militarily-occupied, and US can always squeeze Japan as they wanted to, So Japan had Plaza Accord. Plus, the current USA is NOT the USA on 1980s. USA has pretty serious fiscal limit now. So for China, it's just now real estate bubble, which is NOT uncommon in human history. it is NOT easy for China, but China can surely go through
@SGS2sprint
@SGS2sprint 6 ай бұрын
This guy has probably haven’t visited China for any business related travels. Lol he’s engagement farming . Don’t take him seriously.
@kennykasubinski2323
@kennykasubinski2323 6 ай бұрын
You has probably haven't either 😂 if I had to guess
@AutoPil0t459
@AutoPil0t459 6 ай бұрын
​@@kennykasubinski2323 I know for a fact you haven't either 😂😂😂
@dafunk1080
@dafunk1080 6 ай бұрын
Yea, what he said about japan is pretty misleading as well. Regular Americans are getting killed by inflation. Most Chinese and Japanese middle class are living much better lives, its not even close. I think a lot of modern American patriotism especially by the wealthy is cope for the higher taxes and inflation happening.
@gymbmymb3465
@gymbmymb3465 6 ай бұрын
@RohankrishnaB If you're touring or there for business obviously the people who you are enriching will treat you very nicely, just wait until you have a single experience and subsequent opinion that is negative. Also the whole cuisine of "tortured meat" is rock-smashing cave man-tier barbarism.
@gtr5860
@gtr5860 6 ай бұрын
​@RohankrishnaBdo you eat dog there?
@jimkuan8493
@jimkuan8493 6 ай бұрын
The whole story falls apart as soon as he says, "China debt to GDP ratio is 60% but nobody believes these guys." Then what is your story based on?
@王互娱
@王互娱 6 ай бұрын
USA propaganda
@TrudeauhugspandasnotMicheals
@TrudeauhugspandasnotMicheals 5 ай бұрын
@@王互娱no it’s China propaganda, your GDP is as solid as your tofu buildings
@defintity_9951
@defintity_9951 5 ай бұрын
Federal debt to GDP is 60%, whereas total debt is 300%, higher than the US. Clearly you don’t understand how their economy works.
@theadityavikramvarma
@theadityavikramvarma 5 ай бұрын
@@defintity_9951don’t check USA total debt to gdp ratio you might cry
@Dbulkss
@Dbulkss 6 ай бұрын
The way you speak is extremely distracting. Sounds like a snake oil salesman. Chill. Speak more concisely.
@slc801
@slc801 5 ай бұрын
That’s how con men speaks 😂
@yamamancha
@yamamancha 6 ай бұрын
For practical purposes, Japan's population is actually much lower. Nearly 19 million people are age 75 or older. An additional 16 million are 65 or older. So the productive population is far less than 100 million.
@TheDarthpsi
@TheDarthpsi 6 ай бұрын
Ok, but different from other countries, people from 75 and up tend to work, even at smaller productivity as younger people, they do produce some.
@Cobbido
@Cobbido 6 ай бұрын
oh yeah?@@TheDarthpsi
@asparrow9876
@asparrow9876 6 ай бұрын
That's why they're at the frontier of robotics and chip technology. It's the only thing that can save them.
@Emilahp
@Emilahp 6 ай бұрын
They need to have kids. The women would prefer to have careers, not kids…
@philfortner1805
@philfortner1805 6 ай бұрын
​@@Cobbidoohhh yeah!!! Traditionally people worked until they died or had a fatal collision with a drunk seagull. Retirement as a concept is something very modern and it's historically only been for the wealthy.
@darvidkoh2707
@darvidkoh2707 5 ай бұрын
Bollocks prediction. China will just get stronger and stronger.
@shaunmaguire8009
@shaunmaguire8009 6 ай бұрын
"Americans work more than any other countries in the world" 😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂 gotta be kidding me! Funny
@28119850
@28119850 5 ай бұрын
That is a fxxxing insult to working people around the world.
@jon_nomad
@jon_nomad 6 ай бұрын
You are the best. The best snake oil potion salesman ever.
@angelpayano6813
@angelpayano6813 6 ай бұрын
I like his content but would never trust this guy.
@jon_nomad
@jon_nomad 6 ай бұрын
@@angelpayano6813 exactly my point. He is damn entertaining though.
@rc3398x
@rc3398x 6 ай бұрын
He got out quick with that PHP MLM lol😂
@dennisestradda9746
@dennisestradda9746 6 ай бұрын
Chyna bots are crying whenever Chyna is mentioned negatively 🥹, cryna
@dyrectory_com
@dyrectory_com 6 ай бұрын
@@rc3398x Everyone needs to look at those videos about PHP MLM...
@will8831
@will8831 6 ай бұрын
Not an apples to apples comparison, this topic has been brought up years ago in the past and hasn't come to fruition yet. You're starting to sound like Gordan Chang man...and we all know his track record
@robinsonshawqx
@robinsonshawqx 6 ай бұрын
He's always been regurgitating the same nonsense for the past a few years without actually having any ground experience whatsoever--a lot of contorted reality, together with some really batshit crazy claims about certain economic trends.
@kolviczd6885
@kolviczd6885 6 ай бұрын
This is the type of 'feel good content' to make yourself happy when your wish for China's collapse is unlikely to happen. Here's why: - 1. China is not Japan, It is 25 times bigger and has 10+ times more population than Japan 2. China, unlike Japan, is not directly control by US. America cannot suppressed China's growth as they wish like they did to Japan. (Even now US is doing everything to stop China's growth but there is big limitations - as China is NOT JAPAN both in size, scale and power) 3. Unlike in the 90's, USA is not the only superpower now, the world is multi-polar today with many mid powers and great powers. Countries are not afraid anymore to go against US bullying nature, and therefore US cannot deter China like they did to Japan in the past. Time have Change folks. 4. China is not just a country, it's a civilization of thousands of years, they know how to raise the game when face with difficult challenge. 5. China has been warned about their collapse since the 90's (like this video) and here we are today, China have only grown to become a superpower, despite all the warning, and crying and moaning from the west. 6. The west will be crying for China's collapse even in 2050, so nothing new, or nothing to be surprise here! 😄😄
@fatdoi003
@fatdoi003 5 ай бұрын
he's looking at asian countries from western perspective..... never wanted to know about their cultures and values as if every country wants 'democracy'.....
@codybrown9401
@codybrown9401 6 ай бұрын
I don't see the link to China at all. China has a better handle on their real estate because the government controls it. They are also controlling their currency. If anything, its related more to the US.
@levelazn
@levelazn 6 ай бұрын
they also control population growth. Patrick doesn't know shit about china. he thinks china has a social credit score. Thats easily verifiable as bullshit. Just ask any of the chinese in the states who travels back and forth and has family there
@boiscooka232
@boiscooka232 5 ай бұрын
China never put Yuan for Public to buy is the key here 😂 so Chinese can made in china cheap and improve the labor time to time 😂
@codybrown9401
@codybrown9401 5 ай бұрын
@@boiscooka232 You straight up proved my point. China controls everything in their economy while Japan did not.
@kylemaolinson9417
@kylemaolinson9417 6 ай бұрын
nice visual, empty brain.
@rudyalfonsus686
@rudyalfonsus686 6 ай бұрын
the lower rate after plaza accord had nothing to do with the economy downfall. it was the raising of price of every japan's export that brought Japan to the lost decades. imagine your currency suddently 60% stronger than last month. it was like suddently everything from your country 60% more expensive. another countries stopped import goods from you. if companies in Japan wanted to survive, they had to moved out from Japan and built factories outside Japan. Big companies like Toyota, Honda, Sony, etc, moved out to east asia and China. This caused massive capital flow out of Japan. that's how cruel plaza accord was. NB : Japan can't fart without US permit. China is different. China can say 'NO' infront of any american's president
@goddyfame3424
@goddyfame3424 6 ай бұрын
you are looking at all the wrong numbers based on what you think is economics. Economy is an abstract value to enable cultural exchange. Values ill risee and fall but at the end of the day, resources and labor is the real things being economized. You should dig deep into the problems Japan faces . but it will recover because the real economy is immune to bubble.
@Mas3452001
@Mas3452001 6 ай бұрын
However, they are far more advanced as a civilization than most of the West. The value of the assets doesn't matter when you have a population that produces value and have values.
@king-fisher
@king-fisher 6 ай бұрын
🤣 ^You're either *trolling* or the most *lgn0rant* individual on planet earth. 😂
@bigboss337
@bigboss337 5 ай бұрын
How are the chinese a far more advanced civilization than the west when china is a middle income country while most of the west are advanced economies😂. Some of the mindset in chinese culture are feudalistic and backward 😅
@king-fisher
@king-fisher 5 ай бұрын
​@@bigboss337 ^ More to the point, China only modernised by *C0PYlNG the West:* All the technology, science, medicine, institutions and innovations that elevated humanity into Modernity are Western.
@king-fisher
@king-fisher 5 ай бұрын
​@@bigboss337 More to the point, Chlna only modernised by *C0PYlNG the West:* All the sclence, technoI0gy, knowledge, medicine and innovati0n which eIevated humanity into m0dernity are from the West.
@邓大人
@邓大人 5 ай бұрын
China is too big and too strong. The USA can't force a big country like theselves. If the USA do the wrong thing, may be they are the next Japan instead.
@LONE_WOLF_GANG
@LONE_WOLF_GANG 6 ай бұрын
China is making sure not to follow the same path japan took, by investing heavily abroad and getting as many countries involved in its economy as possible to keep the Yuan managed and avoid a hyperinflation.
@JohnDorian-j7x
@JohnDorian-j7x 6 ай бұрын
Bruh... they're already wayyyyyy too far gone down a similar (but with differences) path that hurt Japan so much... but in China's case, it will very likely destroy the country not just result in a downturn/ restructuring/ inflation/ recession/etc. China is screwed, and I don't know if they'll be able to recover from it... they literally have at least 3 lingering asset class areas that are by themselves alone as potentially damaging as America's great financial crisis/recession... and that's IF the numbers they're reporting are even true (its likely even worse than what they're saying publicly)
@king-fisher
@king-fisher 6 ай бұрын
China's economy is in the *T0lLET* (no one doubts that). Only question is how far down it is.
@barnsnoble3105
@barnsnoble3105 6 ай бұрын
China has a dying population lmao.
@paulcheung7770
@paulcheung7770 6 ай бұрын
_"No one believes their data anyway."_ True but an indicator of how bad things are in China is the US southern border where almost half the migrants are Chinese.
@randysavage1
@randysavage1 6 ай бұрын
What???? China literally likes inflation. Their currency is SO inflated, that inflating it more does very little damage to them. BUT it hurts the U.S. by making the Yuan traded more often because there's so much of it. They are trying to flood the market to take it over like they did with Temu.
@ingridkwong1692
@ingridkwong1692 6 ай бұрын
Patrick, I respect you and love your contents. But you know nothing about China and its culture and how they operate. Go and visit China extensively or work there for awhile before commenting on any subjects relating to China. Please stick to what you know. We have enough trash contents and misinformation on the internet
@28119850
@28119850 5 ай бұрын
Yup! Trying to draw clicks on topic he is clueless about on unverified 3rd source info on the net.
@Seven.Heavenly.Sins.666
@Seven.Heavenly.Sins.666 5 ай бұрын
Patrick, I don't think you know anything about China. I suggest you do your research more thoroughly in the future.
@cookout-partydesign9596
@cookout-partydesign9596 6 ай бұрын
In the 90's I was in Tokyo and heard that their mafia (Yakuza) bought up most of the land in the centre of Tokyo. They super inflated prices (by being the buyer ánd the seller), then started taking out loans for an absurd amounts of money from their local banks, with these inflated land properties as security against these loans. When the land value crashed, so did the banks and the clients of those banks lost all their savings.
@march8205
@march8205 6 ай бұрын
The Yakuza bought those houses for the banks. They forced the original owners to sell at a low price then they would sell the property back to the banks. All while getting interest free loans from those same banks.
@chriscain7333
@chriscain7333 6 ай бұрын
You know nothing of value as it regarding to economics, clueless as usual, spreading misinformation as usual, you do you.
@aliceadachi5366
@aliceadachi5366 6 ай бұрын
I’m Japanese. I think Japan and Korea follow western countries, and plaza accords and so many foreigners hold Japanese stocks. And they get rich and Japanese became poor. China is different. They see hat is going on in Japan and Korea.
@davidwong7283
@davidwong7283 5 ай бұрын
how u guys can even forgive the atomic in nagasaki & hiroshima ? recently they opened the film Oppenheimer in japan . so weird to be watching that movie in japan .
@aliceadachi5366
@aliceadachi5366 5 ай бұрын
@davidwong7283 People who have experienced war and the atomic bomb have passed down the reality of war and its ugliness from generation to generation, saying that war should not be fought. I guess it's because we are taught by our parents and schools that revenge and holding grudges won't bring happiness and will only cause more people to suffer.
@genghistozo413
@genghistozo413 5 ай бұрын
@@aliceadachi5366 yes but i dont like why japan lets US to control them or is it something else i donot know much but i just hear this every now and then..US is taking so much advantage ****, can u tell me what is it ?
@davidwong7283
@davidwong7283 5 ай бұрын
@@aliceadachi5366 sure japanese too nice folks after war . jus back from osaka holiday , i remembered the hotel manager bowed to our hotel bus every morning we left the hotel to go to the train station . wow so damn respectful and serious . if you bought a $1 item , they still very polite to u at the retail shops .
@aliceadachi5366
@aliceadachi5366 5 ай бұрын
@davidwong7283 That is Japanese culture
@alanssshh
@alanssshh 5 ай бұрын
Japan lost decades because American soldiers in its land. China don't has that thing.
@kubapuchalski8633
@kubapuchalski8633 5 ай бұрын
"To be an enemy of America can be dangerous, but to be a friend is fatal.” -Henry Kissinger Plaza Accord signed 1985, anyone?
@bigboss337
@bigboss337 5 ай бұрын
Plaza accord revoked in 1987, anyone?
@boiscooka232
@boiscooka232 5 ай бұрын
​@@bigboss337the effects is crazy for Japanese Yen 😂 Japan in 80 still need export surplus and force to costumers economy 😂😂😂
@boiscooka232
@boiscooka232 5 ай бұрын
​@@bigboss337China never put Yuan for public sale so Plaza accord never work to China ever 😂 that why USA only do Tariffs for self defense
@Findyification
@Findyification 5 ай бұрын
ah another china "COLLAPSE" video ROFL and china never collapse
@cyberft
@cyberft 6 ай бұрын
The 🇨🇳 bots in this are ridiculous.
@JonySmith-bb4gx
@JonySmith-bb4gx 6 ай бұрын
Reuters admitted that CIA recruits people to create accounts to make anti china comments
@slc801
@slc801 5 ай бұрын
What part of the truth you don’t understand Donald 😜
@Freedom_from_imp
@Freedom_from_imp 5 ай бұрын
Donald doesn't understand facts and hates the truth. I think that is why he tried to overthrow the American government. Lol
@estrellaluz6091
@estrellaluz6091 5 ай бұрын
Japan is unique, a powerful country rich in culture , respectful , discipline, discreet... Japanese and Chinese are totally different two races
@averylr32
@averylr32 6 ай бұрын
At 1:02 you mean to tell me I’m watching this video while taking a dump!? Yes 😂😂
@HelloAfrica-of6ys
@HelloAfrica-of6ys 6 ай бұрын
Am reading your comment while taking a dump. dang!
@imaginalex5850
@imaginalex5850 6 ай бұрын
China is a terrible place, excessive slave labour, ultimate dystopic laws, citizen disappears for just making jokes about anything that is deemed wrongthink
@Itsjussmonie
@Itsjussmonie 6 ай бұрын
I'm currently reading both of your comments, while doing the same.😅
@icydawn4257
@icydawn4257 6 ай бұрын
TMI 😮must be a dude or is that a ‘dud’ 👎
@wannaBakordion1
@wannaBakordion1 6 ай бұрын
Men of culture we meet again 😆☝️
@EliJon378
@EliJon378 5 ай бұрын
Hahaha I find all the talk about China so ridiculous and absurd. China has a completely different system to Japan, they're not comparable in any way. The Chinese system will face complete failure, the ideology prohibits the people's ability to adjust to changes socially and economically. Japan was a free society under a capitalist system, China might look capitalist but no nation that is run by an authoritarian system is realistically capitalist, the government and all officials have no motivation to consider the nation or the people, they're encouraged to think like wild animals and take whatever they can get, there is no moral compass to guide them on a path of patriotism. Japanese people had every moral reason to consider the future when they faced problems, there is nothing in the Chinese system to encourage this moral thinking. Living and working in China is an eye opener if you take the time to consider the Chinese people and how they think and or how they've been shaped and molded by the ruling ideology, it gives a clear understanding how the system will eventually face complete failure and be irrecoverable for many years until the system changes.
@slc801
@slc801 5 ай бұрын
You obviously haven’t been to china because you’re talking complete nonsense you sound just like the western media and politicians who is hating on China because they’re growing rapidly and challenging your hegemony 🙄
@hongzeng4525
@hongzeng4525 6 ай бұрын
wealth comes from power, power comes from industry capability. so Japan is not comparable with China. Japan got no nuclear bombs, so it is not countable in terms of power. real estate means nothing when you compare the powers of a country.
@davidwong7283
@davidwong7283 5 ай бұрын
he talk so loud , so fast and so dramatic ...i get a headache literally . he thinks he is on WWE .
@mingchenhuang532
@mingchenhuang532 6 ай бұрын
In my opinion, India will never be able to catch up with China if it continues to talk more and do less like this!😅
@bentencho
@bentencho 6 ай бұрын
Yet Japan's standard of living is at least equal to, if not greater, than most other 1st world countries.
@peteriddqd
@peteriddqd 6 ай бұрын
without contest its better and more beautiful than whole USA combined... no contest usa is shait
@jkigtehuioropsdfjoaw
@jkigtehuioropsdfjoaw 6 ай бұрын
Yes I have to say it is above most of the countries but it has been stagnating for more than 3 decades already 😢
@mrwilliamwchang
@mrwilliamwchang 6 ай бұрын
Suggesting Xi needs your help comes across as classic American arrogance.
@supahotjoe6493
@supahotjoe6493 6 ай бұрын
Western people keep talking about GDP because if we talk about Commercial balance , Population, number of engineering graduates, Foreign reserve, new innovation , industry , natural ressources and military, they are nowhere to be found 😂
@therearenoshortcuts9868
@therearenoshortcuts9868 5 ай бұрын
japan just had a long recession china's recession might implode the whole planet LOL
@anthonyjames4319
@anthonyjames4319 6 ай бұрын
36% debt to income ratio is super low.
@cosmichef75
@cosmichef75 5 ай бұрын
The Chinese bots are so mad in the comments section. 😂
@Jsy577
@Jsy577 5 ай бұрын
没有啊!请注意你的言行!我们没有攻击你
@user-pq7jj3vs3e
@user-pq7jj3vs3e 6 ай бұрын
I don’t think China and Japan are similar in the way they view failures especially in business. China is less shamy culture; no? I could be wrong
@slc801
@slc801 5 ай бұрын
I think you have it wrong ! The Japanese is afraid to oppose the US 😬
@waynez5535
@waynez5535 5 ай бұрын
PBD has no idea, if there is one civilization you don't f*ck with , it's the Chinese Diaspora, and that includes Taiwan. You look at all the economies in Southeast Asia, those conglomerates might be Philippines or Indonesians, but look closely and you'll realize the families that run them are all Chinese descent. So going back to the topic on China, If China eventually develops it's own EUV machine IT'S GG for the United States. It's only a matter of Time. And once Taiwan sees its brethrens across the strait moving forward, naturally in the future Taiwan may adopt the two systems policy. Then it is really GG for the United States. US simply doesn't have the brain power and therefore it keeps on poaching scientists from China and Taiwan. Facts
@Freedom_from_imp
@Freedom_from_imp 5 ай бұрын
Facts. 😅
@youspoontube
@youspoontube 6 ай бұрын
But China is a sovereign country unlike Japan
@ChikaOnyirimba-lj7vo
@ChikaOnyirimba-lj7vo 5 ай бұрын
Japan has been a sovereign country since the 1950s 🙂✌️🍙♥️⛳😎
@youspoontube
@youspoontube 5 ай бұрын
@@ChikaOnyirimba-lj7vo yup, japan is so sovereign ever since 1950 😂
@youarebeingtrolled6954
@youarebeingtrolled6954 5 ай бұрын
Copium 2024 is 10 times stronger than opium in 1840😂
@mugenpower78
@mugenpower78 6 ай бұрын
china is not even at japan's level per capita when both are at its peak. CCP is rich but the avg chinese is piss poor
@hink0027
@hink0027 6 ай бұрын
you mean avg american?
@alHuwariyunMuslim
@alHuwariyunMuslim 6 ай бұрын
Just like America the average American can’t afford a $500 dollar emergency expense without credit.
@rc3398x
@rc3398x 6 ай бұрын
Aren’t most Americans one paycheck away from being homeless? There is over 1B people in China. Just 10% of its population being rich will overtake most countries combined 😂
@walhdamaskus2408
@walhdamaskus2408 6 ай бұрын
Poor? Do mean poor chinese do have a roof on their top, but rich american lives on the streets??? Really???
@peanut0brain
@peanut0brain 6 ай бұрын
Your brainwashed brain is pissed poor
@mna7308
@mna7308 6 ай бұрын
If ya didnt us made the japan lost decade possible through coercion 😂😂😂
@SuperDexteroo
@SuperDexteroo 6 ай бұрын
The West has been trying that strategy like the Plaza Accords to China for over 20yrs, they're not biting. Unlike Japan, China is not a vassal. The US accelerated Japan's downfall by putting high tariffs on their autos. There are many other points that led to Japan's decline. But the 2 main reason is, the US trapped them and they were too full of themselves. Buying stuff at inflated prices around the world.
@georgeinjapan6583
@georgeinjapan6583 5 ай бұрын
Using the term "The West" needs to be defined. Also every country oustide of China isn't of one opinion, one hive mind.
@SuperDexteroo
@SuperDexteroo 5 ай бұрын
@@georgeinjapan6583 It pretty much sums it up. The Plaza Accords consist of the US, UK, Germany, France & Japan. In the late 90's to at least 2005 the US with the EU was pressuring China to appreciate the yuan complaining it was undervalue. Same characters leading the charge, if not the West, what to call it?
@georgeinjapan6583
@georgeinjapan6583 5 ай бұрын
@@SuperDexteroo You can name the countries specifically. For example is Hungary included ? Is Spain ? Is Ireland ? Is Norway ? Is Argentina? Is Canada ? Is Japan ? Is Singapore? There is often a lot of disagreement among these countries on various issues and policies. It is not like there is one hive mind. (That could be a good thing).
@SuperDexteroo
@SuperDexteroo 5 ай бұрын
@@georgeinjapan6583 All the countries you name except Singapore, all have a one hive mind. I question their sovereignty before, but am sure they are not sovereign states anymore.
@georgeinjapan6583
@georgeinjapan6583 5 ай бұрын
@@SuperDexteroo You obviously don't travel and know much about people from various countries. I assume you are here to project soft power from the CCP and not to learn about other views. Just in case I am wrong, I recommend traveling and learning.
@farhanlabib-kc7ud
@farhanlabib-kc7ud 5 ай бұрын
Japan was case study. And China is a real economy 🎉
@Hawaii_NoKaOi
@Hawaii_NoKaOi 6 ай бұрын
It’s so nice to have a video without Chris Cuomo. You need to create a separate channel for videos that do not include Chris Cuomo. I am confident that I speak for hundreds of thousands of people, and probably millions, when I say we don’t want to see Chris Cuomo. Please create a second channel called PBD - Cuomo free. That way you can see for yourself whether or not involving Chris Cuomo with your channel was a good idea.
@ZelenoJabko
@ZelenoJabko 6 ай бұрын
Chris Cummo
@charliecroker2541
@charliecroker2541 6 ай бұрын
Seriously Pat, you really think Jinping will be watching your channel let alone pinging you. Made me smile, thanks
@georgeinjapan6583
@georgeinjapan6583 4 ай бұрын
I am glad that many views can be presented and discussed here. I wouldn't want to live in any country where the internet is heavily censored and only one view is allowed for each issue.
@georgeinjapan6583
@georgeinjapan6583 Ай бұрын
I really dislike all of that censorship.
@my2centz487
@my2centz487 6 ай бұрын
Pat have you been to china? You should see it.
@JohnDorian-j7x
@JohnDorian-j7x 6 ай бұрын
What would that change?
@coadyyoung335
@coadyyoung335 6 ай бұрын
His perception ​@@JohnDorian-j7x
@pikachus5m166
@pikachus5m166 6 ай бұрын
It would prove he had been lied to, can't rock the narrative.
@mateobaysa2055
@mateobaysa2055 6 ай бұрын
@thundercock2029Pat is skerred to go to China because he thinks he’ll get arrested for talking bs and spreading lies about President Xi and the CCP. 😂
@king-fisher
@king-fisher 6 ай бұрын
Question is not if you've _"been to China."_ Question is if you've seen the *REAL* China: Having lived there 10 years, I saw a huge difference between the *Westernised cities* where foreigners are allowed to live and the *abject poverty* outside.
@Whoisthisg
@Whoisthisg 5 ай бұрын
I feel Canada has way more chances for this than china.
@ttttggggg636
@ttttggggg636 6 ай бұрын
THOSE REAL ESTATE NUMBERS ARE TAKEN OUT OF CONTEXT. JAPAN HAS MUCH LESS USABLE LAND WITH A HIGHER POPULATION DENSITY
@Livingwithken
@Livingwithken 6 ай бұрын
From a person who is Japanese this isn’t true. With a declining population most of the rural cities are going to be ghost towns pretty soon and there is already small towns that are ghost towns. The number were high back then and it fell 70% within months and now it’s more affordable to live in Japan.
@ezpeazy5300
@ezpeazy5300 6 ай бұрын
How about no military expenditure for most of postwar- then becoming US colony and hyper war spending… think that affected the economy at all?
@mrsimpleslowmo
@mrsimpleslowmo 6 ай бұрын
You got it completely backwards
@ezpeazy5300
@ezpeazy5300 6 ай бұрын
What part? Japan has exponentially increased “defense” since 1960
@ChikaOnyirimba-lj7vo
@ChikaOnyirimba-lj7vo 5 ай бұрын
​@@ezpeazy5300Yep with just 1 percent of it's GDP 😳 Although this set to change due to recent moves by China and Kim Jong Un
@papabear90
@papabear90 6 ай бұрын
Japan willingly cooperated with the US's demands and got crushed because of it. Japans problem was it was being too successful. China simply isn't the US' subordinate like Japan is.
@dillonfredrikson7034
@dillonfredrikson7034 6 ай бұрын
I likes it the 1st minute in. Good energy. Great camera cuts. Expressive. Talks facts. Well rounded arguments. He's looking at a whole picture. Not a piece.
@nathanalgren5247
@nathanalgren5247 5 ай бұрын
Nope. Japan's population decline is not because of the economy, it's about society/men here getting weak and losing the samurai spirit to man-up, chase excellence, and be interested in women (vs. anime, prawn, a pretty boy image, etc). Lived in Tokyo during the bubble years, back again after a quarter century... it's different... but not simply because of economics.
@ChikaOnyirimba-lj7vo
@ChikaOnyirimba-lj7vo 5 ай бұрын
Good for you that weren't discouraged not to return 👍👍😲🙂♥️
@papopapo2817
@papopapo2817 6 ай бұрын
China 🇨🇳 is driving on Two Systems. Swift and their own system. China is 100% different than America Pat! 😂 Chinese are the smartest people on earth 🌍 right now.
@manuelgassmann1572
@manuelgassmann1572 6 ай бұрын
6:08 that’s Macau 😅
@jimkuan8493
@jimkuan8493 6 ай бұрын
China has 10 times more people than Japan. China has 10 times more land. China is itself a continent and has a massive internal market. Japan is several islands that depends on export. China has its own military on par with US. That means China is not US puppy and has its national policy. China has deep pocket of resources in both finance and political influence around the world. Japan is, well, as I said before, just a puppy state of USA. In 2023, China passed Japan to become the largest car exporter of the world, mostly EV cars. In 2023, China can produce 7nm computer chips AT SCALE. In 2023, China passed South Korea to become the biggest Large Scale Ship Builder of the world. Let's don't even mention other industries that China dominates. China is the ONLY NATION on this planet that has every single industry exists in this world. So tell me, how is it possible that China becomes another Japan in the next 10 years. Because some housing bubbles that have been busted? This house bubble busting should have done. And the resources should be diverted to more high value industries development. So China is DOING THE RIGHT THING. It is like shedding fat for muscles. Once the disturbance of house bubble busting is over, China will move forward, elevating it up to the high tech value supply chain. The next 10 years will be the most exciting and most vibrant years for Chinese growth. If there is one nation that will lead humanity forward, that is China!
@ChikaOnyirimba-lj7vo
@ChikaOnyirimba-lj7vo 5 ай бұрын
True Japan isn't China or vice versa but it wouldn't hurt the Chinese leadership in this case Xi Xinping to learn from Japan's mistakes because the parrellels are not only there but striking 🙂♥️
@jimkuan8493
@jimkuan8493 5 ай бұрын
@@ChikaOnyirimba-lj7vo No. China will chart its own course. The rest are just nay sayers have nothing to do with China pushing forward the human progress.
@jimkuan8493
@jimkuan8493 5 ай бұрын
@@ChikaOnyirimba-lj7vo Give you one example. Just 10 years ago, China decided to connect the global land mass with Belt and Road Initiative, building roads, trains, ports, power plants, dams with over 3000 projects around the world. In WHAT REMOATE CHANCE that Japan has that kind of capacity and vision? China pushes humanity forward. That is what China is doing.
@Ghandara-hg1gc
@Ghandara-hg1gc 6 ай бұрын
China's strategists have researched every possible facet of why Japan lost its decades, and is running as fast as possible in the opposite direction.
@dumbfrog123
@dumbfrog123 5 ай бұрын
A decade is insignificant. China had experienced setbacks for a century, but the country began to recover in the 1980s. China's PPP GDP surpassed that of the US since 2016.
@MannyKnowsYourSecrets
@MannyKnowsYourSecrets 6 ай бұрын
China is the most industrialized nation by a huge leading margin, they have the whole supply chain for themselves, from raw materials to high tech and a more than complete service industry. This fact makes them immune to any yapping PBD is performing here.
@Linkwii64
@Linkwii64 6 ай бұрын
Because they invest in different parts of the world. They help smaller countries unlike our Western parts where we extract the raw materials.
@candycanessongs
@candycanessongs 6 ай бұрын
You can't even supply your basic Iron Ore needs.
@MannyKnowsYourSecrets
@MannyKnowsYourSecrets 5 ай бұрын
​@@Linkwii64 China exploits and enslaves almost every country they "help". I have a background in mining engineering, the things they do in Africa is crazy, still they are better option than being exploited by the west. China also has a policy of exploring the resources in their own country. Europe closed the mines and demonized the mining industry while China mapped almost every resource they have, nowdays they are the biggest producers and transformers of most critical minerals that exist even if they are not the main exporter for a given mineral, they can cause significant pressure by controlling their share of the market.
@mariomastadon7650
@mariomastadon7650 6 ай бұрын
It is pronounced Xi - She Jing - jing in jingle bells Ping - as in ping pong
@deanchur
@deanchur 5 ай бұрын
KZbinrs are never going to get it right; it takes 5 minutes of practice with Google Translate and most of them won't even do that (Mandarin pronunciation isn't THAT hard). Watch car videos and take a shot every time someone says Murciélago incorrectly.
@danielattah1836
@danielattah1836 6 ай бұрын
In order to make predictions about a country's future, you have to account for cultural influences. Chinese are more greedy and innovative therefore, they're more prone to cycles... Japanese are more consistent and take seniority seriously. This makes them more prone to a slow death. Japan didn't develop economic challenges as fast as what's happening with China. That should tell you something.
@johnlohsm
@johnlohsm 5 ай бұрын
Chinese is coming up from very low cycle, US is on downcycle ,fortunately it could use Japan to cushion it. All countries go up and down ,the capitalistic system produce extreme greed in west ,killing the middle class in favor of the elite. Chinese dont allow oligarchs to rule by campaign contributions etc...
@slc801
@slc801 5 ай бұрын
You china haters underestimate China at your expense your country the US doesn’t control china like Japan you should worry about your country than China who grew 5.2 % last and the US 2.6 🤫
@slc801
@slc801 5 ай бұрын
What that tells me is you’re a china hater or doesn’t know about Japan being screwed by the US in signing the Plaza accord ! China will eventually pass the US economy like it or not 😜
@farhanlabib-kc7ud
@farhanlabib-kc7ud 5 ай бұрын
The problem of the quality based on economy. You keep achieving it nicely but it sometimes way out of your resources and you try to get more attention and resources to others like Japan is doing. China is keeping steady not only economy but other factor too. Japan is too must obsessed or for their influence they can't have do anything like China and US. Even a small country could take over Japan you can say.
@henryoffice3723
@henryoffice3723 6 ай бұрын
Keep Wishing Patrick ! Japan is Own by The U.S. Of course and they would not allow to Grow
@ChikaOnyirimba-lj7vo
@ChikaOnyirimba-lj7vo 5 ай бұрын
Is that why Japan is about to buy US steel in Pittsburgh!!!!??! If they own Japan why would they even allow such a thing 🤔
@28119850
@28119850 5 ай бұрын
Just go away. Trying to get clicks for personal feeling and hot air.
@garyk8285
@garyk8285 6 ай бұрын
Do an episode on Bulgaria
@ps4games164
@ps4games164 6 ай бұрын
🇧🇬
@fahrrurrozi686
@fahrrurrozi686 5 ай бұрын
Every economic collapse of a superpower country usually starts from its accomplices, such as Japan which became America's economic accomplice.
@stachowi
@stachowi 6 ай бұрын
Problem is Japan doesn’t have a military, China does
@touger9759
@touger9759 6 ай бұрын
Japan has a pretty decent Navy
@-Down-D-Stairs-
@-Down-D-Stairs- 6 ай бұрын
We are Japan's military lol
@rc3398x
@rc3398x 6 ай бұрын
That’s strange, Japan is the 10th highest military spending country in the world.. where did you get your source from? en.m.wikipedia.org/wiki/List_of_countries_with_highest_military_expenditures
@touger9759
@touger9759 6 ай бұрын
@thundercock2029 ya I understand that, they still have a decent navy.
@JDunamis
@JDunamis 6 ай бұрын
I do believe according to the Bible China will be the world super power for 4 years. Short time period 🤷‍♂️
@hapemokenela7388
@hapemokenela7388 6 ай бұрын
PBD is utterly delusional about this topic. China is not Japan.
@kongwee1978
@kongwee1978 6 ай бұрын
Where my Gordon Chang!
@boiscooka232
@boiscooka232 5 ай бұрын
I love his book about China Collapsing in 2011
@dancingpig4954
@dancingpig4954 6 ай бұрын
The fifth and what I believe the most important factor for the post-WWII Japanese economic boom is the Korean War. Japan became the staging area for UN forces during this time which heavily profited Japanese goods and service industry.
@fffwe3876
@fffwe3876 6 ай бұрын
japan is the reason south korea is not north korea today.
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