US China Trade War Explained -Who Needs Who?

Patrick Bet-David breaks down the US Trade War with China and what you can do about it. Don't forget to subscribe. Check out Official Valuetainment Merch here: vtmerch.com/
Recommended Videos:
How to Prepare for the next market crash: • NEXT MARKET CRASH: 8 W...
About Valuetainment:
Founded in 2012 by Patrick Bet-David, our goal is to impact entrepreneurs around the world through value and entertainment. We are the #1 channel for entrepreneurs because of the best interviews, best how to videos, best case studies and because we defend capitalism and educate entrepreneurs.
To reach the Valuetainment team you can email: [e-mail]
Follow Patrick on social media:
Website: www.patrickbetd...
Snapchat: betdavid19
Facebook: / patrickbetdavid.valuet...
Instagram: / patrickbetdavid
Twitter: / patrickbetdavid
Linkedin: / patrick-bet-david-3731553

[@VALUETAINMENT]

Share your thoughts with Patrick Bet-David by texting 310.340.1132 or click here my.community.com/patrickbetdavid

[@Nounismisation]

One thought, not "everybody in the world wants to come to America" thank God. Fewer and fewer people do. "Everybody" - that sounded like a half remembered memory 20 year old spin. The US is undergoing net migration at the moment. THAT SAID... These videos are wonderful. I love it that they are full of detail and very well delivered. I'm going to watch a few more to think about subscribing.

[@joeyseeds2039]

Farmers income and bankruptcy spike was also due in large part to massivie flooding in the spring that led to late planting and destruction of reserves in stills .... multiplied by early fall frosts.... 2019 maybe the worst in production from the US grain belt produced in decades .... banking on a tremendous 2020 harvest .... also take into account monsnato and company beating the shit outta farmers for decades with their seeds, GMO, non heirloom.... meaning you have to buy seeds every year ... folks you have to self educate ... why Joey ... why waste my time as you do taking hours every day 7 days a week be it 7am or 4am and every free moment in between studying this .... ANSWER ..... Because the only thing more important then health is food and water.... and money comes in close to the finish line.... health.... food.... water...... money... if these things do not effect you ... then your either homeless and already in a personal SHTF ... or your in denile .... because its just so much easier to ignore such things and live in a world of sunshine, rainbows, unicorns and blunts ! Mic drop!

[@joeyseeds2039]

By the way pat ... i just want to give you mad props and respect for your extensive knowledge and how well you convey and explain such critical information and insight! .... it also helps that you speak a mile a minute very clearly and take a 45 minute video and wrap it up in half the time or much less ! Your awesome ! Thanks for your time !

[@Da_Champion]

You are good at what you do Patrick but you talk too fast for an African like me. Pretty too fast to comprehend

[@foomt117]

how much trump pays you to say all these? is it enough to last you a life time? LOL!

[@jaxx3l83]

If my teacher had your kind of energy I would have payed more attention in class. Lol

[@floridaboi904]

No, you wouldn't have.

[@khamispeterdaniel5201]

Yeah that's true Cause the way he's explaining is so interesting

[@peppotguerreiro647]

LOL! @justin

[@diirtburns]

Your English teacher??

[@NS-Sherlock]

and that would lead you to learn some stuff instead of listening to dumb fucks like this dude.

[@Riggsnic_co]

Some economists have projected that both the U.S. and parts of Europe could slip into a recession for a portion of 2023. A global recession, defined as a contraction in annual global per capita income, is more rare because China and emerging markets often grow faster than more developed economies. Essentially the world economy is considered to be in recession if economic growth falls behind population growth.

[@martingiavarini]

My main concern now is how can we generate more revenue during quantitative times? I can't afford to see my savings crumble to dust.

[@hermanramos7092]

It's a delicate season now, so you can do little or nothing on your own. Hence I’ll suggest you get yourself a financial expert that can provide you with valuable financial information and assistance

[@lipglosskitten2610]

Very true! I've been able to scale from $50K to $189k in this red season because my Financial Advisor figured out Defensive strategies which help portfolios be less vulnerable to market downturns

[@martingiavarini]

@@lipglosskitten2610 How can I reach this adviser of yours? because I'm seeking for a more effective investment approach on my savings?

[@lipglosskitten2610]

@@martingiavarini My consultant is ‘’Catherine Morrison Evans’’ I found her on a CNBC interview where she was featured and reached out to her afterwards. She has since provide entry and exit points on the securities I focus on. You can look her up online if you care supervision. I basically follow her trade pattern and haven't regretted doing so.

[@theresasteenved5938]

Successful people don't become that way overnight. What most people see at a glance wealth, a great career. Purpose is the result of hard work and hustle over time. I pray that anyone who reads this will be successful in life.

[@inesconcetta2461]

You are right, to be a successful person in life require him or her of hard work and time

[@gedionkenet1964]

The things is about been successful is working towards it and not going the other way around.

[@kanuemma1008]

I totally agree with you it has been an eye_opening experience for alot of people.

[@sharonmichelmy4302]

investment is the key to achieving success with the current pandemic slowing down so many business.

[@ericmorgan2164]

@@sharonmichelmy4302 Talking about been successful. I know I am blessed if not I wouldn't meet someone is a spectacular as Mrs Madeleine latitia..

[@ralphjosephrjm326]

You sir are a genius for understanding all this and for being able to explain this so clearly to us simpletons.

[@movie30000]

Genuis? Really? His main thing is having the time and money to sit down and put this together. Money brings More money

[@ralphjosephrjm326]

@@movie30000 Being rich is one thing but being able to teach well says something more. Start living a bitter life man.

[@ralphjosephrjm326]

@Santiago Giuntoli If you want to be special then by all means man, knock yourself out 😉👌.

[@girlnextdoorgrooming]

I feel dumber and smarter at the same time.

[@tritium1998]

It's just the usual racist propaganda for dumb people to feel superior.

[@nettybetty7185]

Which university did you go to? Me: Utube

[@hamedd5951]

Annette J how is it relevant?

[@yuxiang3147]

@@hamedd5951 This does look like a lecture streaming LOL

[@kl3920]

Exactly jajaja

[@vikranttyagiRN]

@Lucas James You are spot on. It all boils down to how well you know your resources

[@aaronanderson8731]

@@hamedd5951 how are you relivant you islamic sexist prick. Unedicated personas are not welcome in the presence of the divine rights of freedom of press and no brigade of evil can slaughter the youth of our nation....even when they come to our country as enemies....and use our resources to eat but insult us like the rabid animal you are. Dont Tread On Me 🐍.....and china can suck my nuts with my flag in hand 🇺🇸

[@ChnRockman9]

As a Chinese, I would tell you the fact that even if these companies dont do business with China, Chinese company will eventually do their own research to make competitive products and dominate their own large market, even international ones. (Examples are 5G of Huawei, Drone Company like DJI, etc) But if they do business with China, most Chinese companies wont bother wasting their own money do R&D for new products. Cause even if they do, their price wont be able to compete with those already mass manufactured ones from western companies in a shorter timeframe. So in a shorter time-frame, the best approach for western companies are doing business to occupy Chinese market before local companies do. So in past decades, a very common phenomenon you would see is western companies sell high value-added products with a very high price to Chinese people. Then some Chinese companies who don't wanna be "exploited" would invest money to try making the same products. And once they finally do, the western companies will lower the price of these high value-added products and start a normal price war. (Though a lot western companies got destroyed this way cause they can no longer sell their products at an insane price to the world. ) But of course, there are still a lot examples that western and Chinese companies having a long-run partnership and benefiting each other, competition don't necessary means "kill" each other. For me, I think it's a win-win situation cause western companies got the chance to make huge amount of money from China and had an head start priority into the competition of Chinese market, but hardworking Chinese people got the courage to overcome technology barriers on their own. It might be seems time-wasting, money-wasting, but it's definitely good practice for Chinese companies to upgrade themselves to the same level as western ones. Anyway, Chinese companies are rapidly transferring themselves from copier, cheap brand stereotypes into innovative ones. That's what the Made in China 2025 truly stands for. I hope you find this information valuable.

[@ChnRockman9]

@Shadow Gamer The problem is , can US really sustain the damage on itself after "cutting ties in any aspects of business" with China? Even if US can, what about rest of the world? Also remember US government is heavily influenced by US enterprises and big money behind it. Cutting ties between China wont make them happy. As long as Chinese don't do things stupid enough like Pearl Harbor or 911 which enrage the entire country of US, I don't see this kind of extreme movement can be made by US government. But, who knows? At least for now it's Trump in the white house.

[@abzy3k1]

I feel like i learnt more on you tube in 2 years than my 20 years of school education

[@Motor-City_Ben-Diesel]

abzy3k1 couldn’t agree more school literally taught us nothing important

[@frankbellomo8140]

It took you 20 years to get out of the third grade that's rough

[@GT-fl9gf]

@@Motor-City_Ben-Diesel I'm pretty sure reading and writing are important

[@OnlyMuzan]

The Blue spy obv... but there’s other methods of teaching that would help use our time more wisely that could help us find our passion instead of working constantly for something that could take us haft the time and we only live once

[@stephenrandolph1914]

20 years later you stil haven't graduated Jr. College ? You set yourself up for that comedy not me ! I graduated in 4 years .

[@ZoranNinkovic]

You said "imagine the CIA invests in Facebook", one might add " Imagine Pentagon invest in Google"...

[@ZoranNinkovic]

@Dumb Dumber Like anyone dispute the FACT that all internet giant are in bed with CIA?

[@shonsimpkins3915]

As if that would happen... Ummm 😒

[@azrinbinyunosyunos7707]

@Vahan Ghazarian .ok

[@andreww234]

They already do

[@CarlosGuzman-dp2ui]

You might want to ask have they already! Hell we don't call it fed book for nothing

[@franciscocruz6726]

Don't know who you are and you popped in my Q, thanx for the info, I just subbed.

[@larryvonsnellzer3249]

Lol you idiots just lost 50 iq points watching this nonsense lol

[@ThaMagnaCarta]

@@larryvonsnellzer3249 mhm...the insult...the lack of any reason why...mhm must be the TDS... boy you better hide that there are kids in the comment section.

[@INSIGHTCO]

Welcomed.

[@sundaykarisai7401]

There is always light at the end of the tunnel, I have made up my mind decide to give up on bitcoin script after I was scammed five (5) times until I met a bitcoin guru called Mr. Crystal he gave me a working script immediately he confirm my payment and the script earn me (0.8)BTC every 24 hour, I personally recommend him too you all you can contact him Via email:- [e-mail]

[@_desertwalker_]

@@larryvonsnellzer3249 Well LVS, tell us why we lost 50 iq points, I guess you did as well. So enlighten me as to why we lost 50 iq points. Or is it just the usual broad statement. I guess your own channel says it all. "This channel doesn't have any content"

Actually CIA invests in tech companies, did you ever hear about In-Q-Tel?

[@andrewc4606]

Perhaps, but it doesn't mean they own 100% of the company (or even 1% for that matter) which is the point I think he was trying to make.

[@fludog1]

Google, facebook and others

[@slydog1080]

Everybody invests in Tech Companies.Do you know why ? Because that's the fastest way to make quick money.You can also loose very quickly if you don't time your exit fast enough.

[@jambojam25]

@@andrewc4606 we all know anything is privatised is going to be expensive for public whereas state owned is better off for consumers.. if facebook is working n sharing our data with cia whats the difference between own the company or not both do the same job stealing our data n information

[@ShaqShalom]

This guy is a troll. Also I am not endorsing China, but the way your present things is like you have arguments against China. Remember, all these fast productions in terms of volume, price, competitiveness, would not have been possible without CHINA. Also you need to read more about Facebook, fool

[@PW.Wealth.]

really informative, had to watch a couple of times to make sure I understood, great video

[@fruts821]

This video is so ignorant on economic principles that's very difficult to criticize it since I don't know where to start. Just let me point out that: 1) trade deficit is a meaningless metric; trade means exchange of one good for another one. Deficit only means that the other country is taking the papers and that we are keeping the goods. 2) if America intended to make iPhones in the US or even outside Chine it'd make iphones so expensive that Apple would break. The whole idea of thinking about manufacturing as the way of becoming rich or having a middle class income is bananas. That's not how xxi century works. Those jobs are already lost to machines. People have the alternative to train themselves and to move to another state or country. 3) If this was a struggle between American freedom and Chinese repression then tariffs make us lose since tariffs are taxes and taxes are a contradiction to freedom.

[@EmmaNguyen-mg5xq]

👍

[@brainwashington1332]

i made a long comment on how he is misleading his audience by omitting info and cited my rebuttal and he deleted it TWICE, this is some propaganda BS

[@lazylarry7174]

It would've been better if this video was made by a Non-US, Non-Chinese citizen... I mean its quite obvious that this is in the US point of view. Morality is, there's always two sides of a story

[@jackyang1319]

So do I

[@aerospacesystems8658]

He is Iranian-American

[@cbbblue8348]

@rb5286 Well this only reinforce the comment point, you say in us and in China, if so where do you get fact about this? You actually traveled in China and witnessed it? Nah you paranoid about it so you will never travel to it.

[@gti500]

@rb5286 And yet the US has the highest prison rate in the world. Btw tell that to Assange.

[@MrTanzfisch]

You underestimate the innovation power of China. They don't need to copy anymore.

[@AutoKeyblade]

If they stop copying existing ideas and products (ie selling knockoff goods), a small but significant amount of the population would not be able to survive.

[@HeavyK.]

Come back when they invent an air craft carrier and I'll be impressed.

[@sylvain_guitar9178]

I think Huawei is a good example, by the amount of money the invested in research. Plus so many startup are being created

[@f2cp]

If you think China has little tech know how and are only good at copying, your video is 20 years too late. We cannot even begin to imagine how good and technically sound their workforce is and will become. American complacency scares the hell out of me. Especially when your champion in this trade war is an intellectual light weight like DT. And for every American that can read and write their language, there’s 1,000 Chinese that can read and write yours. Better be a partner and work together for a better World than do the “Make American Great Again” fantasy. Lastly, I don’t think other Western countries are fully on board the American side anyways. At least not with Trump America.

[@gandalfthegreen1827]

Is that what China has been doing? Working as our partners for a better world? Or have they been advancing their own interests all along?

[@f2cp]

From an independent view, the answer is yes, yes and yes.

[@KidAteMe1LetsBuildsAndMore]

@@gandalfthegreen1827 Isn't that what all countries are doing in the long run?

[@metaldad2112]

U UNAMERICAN SLOB!! ---------------- China having 40 People to our 10 ~ We allow China to trade to our people of 10 at the power of 60% Or 6 out of the 10 Can & Do buy from China (Be it from Greed & or 4 whatever the fuck reason) The Fact is we ALLOW It ... We in turn expected in that exchange agreement that China would open it's trading to the USA at the Same equal share in person to person investments (Meaning) Of the 40 people in China they, in turn, could buy (Have equal Access) to USA Products at 24 persons of the 40 (60%) ~ Vastly improving the USA Pie in the Chinese markets (Further enriching the USA While simultaneously enriching the Chinese economy) TIT 4 TAT - we would grow to rely on each other in twinship trade dependency & at least that would have been equal (& We didn't even ask 4 or get a 4rth of that expected equality) The planned inevitable expected intent of 30 years ago ... Rather CHINA Has further (Currency Manipulated) The USA Share at their Buyers to 1 at best of the 40 while we've allowed for 30 years them to grow from 6 out of ten to 8 of ten ... (Completely Unfair, Wildly imbalanced & blindly uncontrolled) Now as we stand together as a united country ALARMED by this indifference & refuse to tolerate such unfairness In an effort to reverse the USA Dependency back down to 3 out of 10 ~ Since we cannot even capture Chinas 1 out of 40 ~ U Wave sum Chinese Flag of dominance ... U Dare Do so ?? U UNAMERICAN SLOB!! ~ You run over a man crossing a sidewalk in your car while running a Red light ~ You exit the vehicle to a man on the ground in pain who says (Don't worry about it, it's all OK I Just ask can you hand me my shoe that blew off my foot?) & Your response is How dare he ask ~ Get up & Get your own shoe BITCH! ... Well we're not only getting our own shoe we're shoving your dick back up you're Ass (That's being Fair to the UNFAIR! Get It U UNAMERICAN SLOB!! ... TRUMP 2020/Maco Rubio 4EVER!

[@gandalfthegreen1827]

@@KidAteMe1LetsBuildsAndMore I think in many cases smart countries do see to their own interest first. It's often called nationalism. It was the original comment that was critical of USA nationalism, "Better be a partner and work together for a better World than do the “Make American Great Again” fantasy." Which I though also implied a certain benevolence on one side while painting Americans as being foolish for advancing their own interests. I really don't think the two are mutually exclusive, but it depends on where the two nations interests align.

[@walterhunter3353]

It’s OK to watch these videos but everybody has an agenda. Please be free thinkers

[@skip777]

Yea gotta doubt the truth....it's so final....so non-manipulative.....

[@walterhunter3353]

@@skip777 because he say it is the truth. sheep

[@gravesoldiery3056]

Exactly multiple sources and different angles of looking at things always bring out another story. Stay awake! be safe bro

[@metaldad2112]

Aren't you really saying ... This type of thinking THREATENS my agenda so freely think anything but this ... Walter Hunter Rather than spew out fortune cookie proverbs (Y NOT) Redirect our thinking to align to yours & WHAT PRAY TELL IS THAT?? U empty bag of wind! STATE YOUR CASE.

[@walterhunter3353]

metaldad2112 your momma taught me

[@hello69468]

what i can tell U yr vision and information is outdated

[@JewTube001]

He's a great businessman but tends to fall a little short when it comes to politics.

[@missabella1235]

As you can see, this is emotional.. He just want to support Trump and his beloved country.

[@hello69468]

@@missabella1235 he look like Iranian to me

[@missabella1235]

@@hello69468 If is real, this is disappointment. While his own is being sanction by Demon.

[@watching99134]

The presenter doesn't realize the US govt knows from Apple how to break into their phones? (the whole legal battle years ago was a dog and pony show reported by the media, Google about how the FBI eventually found a so-called "backdoor" on their own lol).

[@henrywhite9799]

It's all about making money. Power and politics are about money.

[@animalanimal7939]

Henry White yes. Money is always the answer

[@robloxfortnite6048]

its about what is best for America going forward

[@mesochocliu537]

@@animalanimal7939 But once you have a toughest military power, you can grab such money from others acting as a rob, but not trade.

[@JoeKyser]

Right on brother. When Trump says we get a bad deal, most people have no clue what he's talking about. Being in business, I get it 100%. You did a great job here

[@jxsilicon9]

I doubt he knows anything. But it's too late for renegotiating. Decades too late. China is spreading it's power without firing a shot.

[@JoeKyser]

@@jxsilicon9 the it's too late attitude doest really fly. What should the USA do? Rename itself to China? Something has to be done. I agree 100% that we have taken the backseat. We have not heard anything about trade agreements in the last ten years. Right before 2008.

[@jxsilicon9]

@@JoeKyser There are things that could be done in increments. But a massive change would require going against US oligarchy and China. Not going to happen.

[@pseudonymous8702]

but...muh drumpf stupid reality show putin puppet doesn't know what he's doing hurr durr

[@jxsilicon9]

@@pseudonymous8702 Unfortunately he doesn't. So he depends on his corrupt advisors. John Bolton is evil as shit. He should've been in jail after Bush admin.War criminals keep committing more crimes when you don't punish them.

[@sendittolance]

Americans are concerned about today... China plans for the future... We are in trouble :-(

[@ickdon7999]

Lance Snider Our leaders have failed us miserably, and yet, everyone is still so excited to vote for their democrats, or their republicans. Stop voting people. It’s pointless

[@oscarpatin4174]

@@ickdon7999 The fact that you are motivating other people not to vote says alot about your lack of understanding on how things work, without it we would have no liberty, and that my friend is something always worth voting for.

[@girishc3573]

@@oscarpatin4174 CHINA IS GROWING FASTER THAN USA INFACT ITS THE FASTEST AND ITS RULED BY THE COMMUNIST ITS SHOWS THE LEVEL OF LIBERTY USA HAS

[@ickdon7999]

Oscar Patin This country was bought, sold and paid for a long time ago. The fact that you think we have liberty, and voting means something, shows your typical, American ignorance. Politicians are put in place by their corporate puppet masters, not from voting booths. Wake up you sheep

[@jonathanfan8813]

If you vote Andrew Yang you can catch it up, it is about who can hold on at last right? Trump can’t do that

[@chvrleshd]

explaining stuff with this kind of zest should be a fundamental requirement for employing lecturers and teaching staff in universities/colleges

[@Allday1219]

The education system is fake

[@user-vl7uf5lu6x]

Finally an entrepreneur explains it. All I heard about the trade war was republicans vs democrats smashing on ideology. Thank you for giving me powerful insights!

[@spencerm5913]

@Andersson Sebastian hence why he implied that all the other videos he's watched has a left/right dichotomy bias and this video brings something new to the table

[@Terrekain]

@Andersson Sebastian Pat can't go through all the dynamics - not enough time, he has other things to do, and the subject matter is vast. This is a concise overview of the dynamics, and hopefully will impel others to dig deeper in the subject. For example, this is the reason why Trump is putting up billions in farm subsidy, to help with the transition away from servicing the China market. Many farmers anticipated trouble, however, and have either phased out the crop, or sold to expanded hog farming (or gone into hogs themselves). The soy "ban" by China is partly a result of China destroying its hog livestock - apparently culling for disease, and we're talking more than 3/4 billion hogs. So the US farmer is adapting to the changing market - interesting times.

[@user-vl7uf5lu6x]

@@spencerm5913 nailed it!

[@geneeverett7855]

It’s not biased at all Just facts Only opinion we communism sucks Well that’s a fact.

[@kindafast6499]

Andersson Sebastian then explain it from your point of view. Oh wait, you can’t combat facts? Typical democrat

[@sohiabwadi3615]

All I know is Michael Scott was worried about China along time ago

[@thomasammond7994]

Who is he?

[@Tglass]

@@thomasammond7994 Only the Worlds Best Boss Thomas!

[@tompain2751]

The democrats were too!Now they're just more worried about hating/opposing President Trump.Even when they have the same P.O.V.!

[@stephenchisadza4975]

Raymond Serpa - actually that is a lie. Under Obama some of that was dialled back. The difference is whether you want for it to go cold turkey (Trump) or gradually. Know that a sudden change can result in a big recession

[@tompain2751]

@@stephenchisadza4975 A recession,witch is normal anyway,is a small price to pay for US dominance!China is out to dominate!

[@HongLee225]

Your research is good but you forgot to mention few things : First, there are a number of American companies that do business in China. Some of their goods are consumed in China, which are not calculated in the bilateral trade. You hardly see any Chinese companies in the U.S. but there are everywhere in China. For example, McDonald's, KFC, Starbucks, general motor,chevron, Apple,Safegate, Oracle and Tesla etc Secondly, many chinese students and tourists travel to the U.S. than that of America. The service surplus is also ignored in the export to China. Thirdly many exports to the U.S. are done by American companies so it's American companies that are benefiting. I do agree that it's a power issue. The U.S. is leading the world with its technology and made in China 2025 is the biggest threat to its leadership. If that happens, no one needs American dollars anymore. The sad part is that the U.S. has so many enemies globally. China helped America back in 2008 but once American stock bubble pops out, I can only see China shorting it further while the American government seeking fund internationally.

[@Stutterstun]

Roy Blackburn KFC in china is owned by yum china which is a separate entity than yum brands in the US.

[@lordsaishu9157]

amc is Chinese owned

[@HongLee225]

@@lordsaishu9157 already been sold by Wanda group

[@richardkuban3800]

Yes, but these companies are disposable chess pieces. Chinese electric cars will replace Tesla made cars. These companies have transferred needed technology that will be used against them. Short term gain.

[@HongLee225]

@@Stutterstun hi mate, Chinese company pays loyalty to KFC to use its brand. They are different companies but the brand is the same.

[@DoyThinksThis]

Best Current events and history teacher ever!

[@survivingyoutoday8519]

You are dope... a whole semester learned in 17:29 minutes. Liked!

[@darkmagician2730]

Haha

[@faith223]

Luka M. Boomer

[@hellokitty8552]

He’s making a hard topic easy by using simple terms because he’ll get views/money. Professors makes a steady salary so what they want is prestige and respect so they purposely make topics harder because they want to on another level.

[@sageadvice157]

Loved!

[@eelsoirdor3573]

Chinese gov is very authoritarian, and chinese people have experienced much poorer conditions in their lifetime. US people are not used to poverty, they will put pressure on the goverment to give in. It's a bit like Vietnam: US did not lose because they lack military power, US lost because they lost support at home.

[@areskrieger5890]

We don't remotely need china though, our economy isn't primarily based on our trade with china as we buy things from them rather than selling, what china makes mostly is lower quality items at extremely low prices the majority of which are non necessity and have alternatives, most of these alternatives cost more but that isn't always true and often the reason things from Korea or Japan cost more is due to the quality of components and of course labor (but with most chip/capacitor factories being automated that's a small aspect with electronic components which is the primary chinese good)

[@BTriumph365]

You are right Rodrigo, also Chinese are used to dying by the millions because of what their one party system does and keeping their mouths closed by fear.

[@ChrisNobodySpecial]

Thank you, very well said. As a military officer and aviator, I have been throughout the world, from the Prime Meridian to past the International Dateline, From Fairbanks, Alaska to Kito, Ecuador. I have seen how in general terms and per capital, the American people have a very good standard if living. People in other countries tend to make do with what they have and don't squander or waste their personal resources on frivolous items. Recently, I was a Building and maintenance director for a relatively large school district. It was very irritating hearing teachers and administrators pissing and moaning because some of their offices and classrooms were 74 degrees, rather than 72 degrees. Yeah, they would constantly complain the room was too hot when it was 74 degrees and some complained when the rooms were actually 72 degrees. We would show them the T-stat was displaying the correct temp as compared to our calibrated instruments. This bitching about room temps is very frustrating for my men, who at times are up on rooftops for several hours a day, where rooftop surface temps exceed 140 degrees and the air temp is inside the parapet is about 110 to 120 degrees. This is just one of the countless examples of symptoms demonstrating the weakness of the new candy ass American character. It really is telling, just how soft and sissified the American public has become. This glaring reversal of the traditional American character of 'rugged individualism' and pioneer spirit has been completely engineered and insidiously and innocuously executed. To meet their Luciferian goal of a One-World- Government and religion, the traditional concepts and notions of American liberty interests must be lambasted, ignored, removed and reversed. Part of this process has been the degradation of the image of the 'John Wayne' patriotic, all American personality type; this image has been replaced with the metro-sexual or the phony G.I. Jane or Captain Marvel psyops. I can tell you from first hand experience, the military has made huge accomodations and lowered standards and softened up training and operational regimens to attract and allow women to function in the combat billets. The men who fought in places like Bastogne or Iwo Jima would cry in anguish to see or learn what has happened to their military. The average mentally lethargic American will still remain ambivalent and uninformed because their bellies are full. Ultimately, when the Second Amendment is removed and other 'thought police' legislation is enacted and when they have mostly everybody by the balls(chemically induced tiny balls), the draconian Agenda 21/Agenda 2030 edicts will be forced upon the public; then when their bellies are no longer full, the public may start to wake up, but by then, it will be too late.

[@meo1829]

TK Baha those are the people that are gonna stepping on you

[@10244325]

Browsing the comment , it's always so eye-opening to see how ignorant American can become.

[@klchai7884]

All these calculation are wrong, Chinese for sure spent very much more on US products compare to American buying of China Products, just add in those US companies in China, they produce locally and sell locally, amount Chinese paying for US products can be double of American paying for Chinese products.

[@garethifan1034]

Is that your opinion, or can you prove that with hard facts??

[@tritium1998]

"China doesn't have as many conflicting statements as Westoids do with different parties, thus whatever Westoids say about China must be the only truth."

[@jeremyau6565]

I guess this guy has never been in China in the last 20 years. He was describing the 20 years ago China.

[@vladBEL]

This guy have not been to US for the last 20 years. He is talking of free(!) press in USA.

[@AhmedChelmy-wd5gy]

I'm from England where i work as a journalist until i met Expert Mrs Amanda K, Mrs Amanda K is legit and her method works like magic. I keep earning every single week with her new strategy

[@Michael-wi8ei]

Assets can make one successful in life

[@Ahmedhelmy-fu4oq]

here in Canada Expert Mrs Amanda carries out the both orientation and mentorship potentials

[@Sonia-hm9qh]

I'm a long term investor just withdraw my profit over $910k her trading strategies is second to none

[@AlexanderMcQueen-cx5jx]

my advice to you all is that you shouldn't just venture on any asset for the sake of it, I have come to understand and that the recent dip trail is everything.

[@marry-vm5yd]

Is her trading service in Europe?

[@TheBlackfall234]

conspiracy theorists are already like 5 steps ahead for years.

[@osse1n]

*Patrick doing it again* - translating complex topics into short and concise videos

[@Bitachon]

@@anzaldo4509 Hey Ossein :)

[@watching99134]

Not everybody wants to go to the U.S. and American birthrates are also low (China ended its one-child policy years ago as it was planned to do so from the start).

[@radcow]

I don't agree with trump on much however when your right your right and he's 100% right on China

[@bliglum]

The trade war he's started with thieving, exploitative China is the first thing he's done I agree with.

[@natchancat9610]

This is not a balance reporting, there are so many filtering of information, so US is pictured as the good guy and China is the bad guy. What do you think US empire has done all this time (and I don’t mean that China is the good guy). You talking too fast, maybe so (most) people that watch your video can’t scrutinized what you said and the data that you provided

[@SSemi1]

What wasn’t factual here? You can slow down the video too. You’re putting your own filter and impartiality on this.

[@saexgaming4565]

@@SSemi1 While the presenter did not present any false information, he said things and structured the video in a way that antagonizes China. It is very clear. He also structures the video to make the US seem like they're the one's that have done nothing wrong here. The way this guy presented everything in the video definetly shows a form of bias present.

[@natchancat9610]

Brian Starrk - who said its about false facts. Its about omitting information. Just like ‘universal healthcare will cost 34trillions, thats true, but omitted the information that with the current system it will cost more’ by omitting this information everything will look different. Although, actually I didn’t need to reply, SAEXGaming has replied to you perfectly.

[@serwombles8816]

Trump is only having to do this because previous administrations failed to do anything about it for almost 2 decades

[@Brianbeesandbikes]

USA Oligarchs Profit from China Sales www.businessinsider.com/made-in-china-money-goes-to-america-2011-8 China Isn’t Cheating on Trade / USA Threats to Hurt All www.theatlantic.com/ideas/archive/2019/04/us-trade-hawks-exaggerate-chinas-threat/587536/ Dollar’s Global Role: Exorbitant Privilege www.brookings.edu/blog/ben-bernanke/2016/01/07/the-dollars-international-role-an-exorbitant-privilege-2/ Mao Appeals for USA Cooperation >> no Reply kzbin.info/www/bejne/haWQkpakZtybqMU USA Global War Bases and Empire kzbin.info/www/bejne/haWQkpakZtybqMU Opium Trade with USA Elite Built Colleges and Industry kzbin.info/www/bejne/haWQkpakZtybqMU

[@SoundMind581]

You're very brilliant sir. I'm a big fan

[@janmartinez7831]

You simply can't afford labor in the US.

[@riverarun]

wrong again!

[@williammartin2842]

@Shopping Jackster , You are correct. We can afford to pay american workers but not their lawyers damage. Big bucks to defend against lawsuits and to pay outrageous settlements. Motorola used to actually assemble cellphones in the USA. A lawyer for a minority working there won a $ 1,000,000 discrimination lawsuit for not being promoted. She got 700,000 the lawyers got 300,000. The following day all 300 minorities filed suit. Motorola was looking at a $300,000,000 expense for trying to provide decent jobs. They closed the plant and moved assembly to China. Lawyers do not create wealth, they steal it from everyone.

[@dancooper7125]

@@williammartin2842 : Motorola is on the List because they treat women the same way in China that they did in the US. The Chinese women didn't go for it (discrimination) either. Go figure!

[@nsebast]

Good explanation Patrick! You are an awesome communicator. As a Chinese, I understand the pain of USA. We can be competitive but what I know is this: We become winners by focusing on improving ourselves, not by putting other people down. Trump's way is very shortsighted.

[@VALUETAINMENT]

Which part of his way is short sighted?

[@nsebast]

@@VALUETAINMENT You guys can do what China did. Low tax to exporters. China was giving subsidies to exporter companies from decades ago. Support the exporters rather than punishing the imports. Find better ways to do more sales outside, research or whatever. Look what you can fix inside. There are hundreds of ways to improve this problem if someone with wisdom really thinks it through and put it into policy. Putting tariffs do no truly help you in the long run.

[@kongwee1978]

@@VALUETAINMENT At least, he is not getting the core agreements that he need from China. All the negotiation went bust for two year. China doesn't take down Made In China 2025. Doesn't sign any to open market. Doesn't sign to drop all tariff. Doesn't sign no retaliation. Doesn't sign quota of US export.

[@jimmychoo1661]

USA can easily defeat China in manufacturing. Just import one billion young Indian into USA and provide them with good salaries. I am sure that will make America great again.

[@kpchg4881]

@@VALUETAINMENT It is really short sighted. Made in China 2025 is a vision that China can excel and be also self-sufficient in advanced technologies. In fact it may not succeed in the end. Now, Trump is pushing not only CCP but also ordinary Chinese into a corner, and has granted Chinese greater determination to be more self-sufficient in order to survive. Huawei Ban is a prominent illustration. What if Hauwei can still survive and challenge the dominance of Google some day in future. To be honest, I reckon Obama's way is more smart that US can take on her adversary with full support of her trade allies in a subtle way.

[@sc-to4uf]

*What a lot of contorted logic! I mean crap!*

[@tonytorre9432]

Economics is hard?

[@rubenscott3972]

Just know China is not your friend and now I’m glad that ppl over spend and buy what they don’t need keeps us in power

[@metaldad2112]

Stay on your X-Box (It's safe there where the Thinking is done for you) ... Good Night Nyquil Dreamer ...

[@pugilist102]

Down with communism you 50 cent troll!

[@rubenscott3972]

mauricebs2006 true I know that but I have the chance to play the game in China you play the game they give you

[@ladyknight9000]

*I heard that the total trade volume with the United States is only up to 4% of China's GDP in 2018. Much less than the percentage share of Canada's and Mexico's GDP.*

[@MostHigh777]

Oh well you heard completely wrong it's about 20% of China's GDP.not only that people in the US now or saying they will no longer buy Chinese products ever again a big problem for China because the US doesn't really need trade but China does.

[@matrixfull]

well consumers don't really get to know where parts are being made; they just know where final product is assembled. So even if they don't buy Chinese products ;they may buy American product who get 90% of parts made from China. So it's more like marketing effect than actual one if it stays at this level alone.

[@MostHigh777]

@@matrixfull the US Congress is talking about big red labels with an extra on them for anyting made in China

[@rosszhu1660]

@@MostHigh777 You certainly have no idea about globalization. Try removing everything made in China from your home and see how many items left. All governments are evil if you give them more power. Yesterday it was CCP, today it is Trump administration.

[@MostHigh777]

@Szilárd Maku another ignoramus. The current price differential is $84. It was 212 24 months ago. When the robotic factories get here they'll be no reason to manufactured in China at all.

[@yinghe1844]

As far as i know, jobs do not come back to the US but go to other cheaper countries are they?

[@EmmaNguyen-mg5xq]

True to some extent.However the country like VN Thailand doesnt make profits but Foreign companies like China japan korea

[@cesare7101]

If you are talking only about labor productivity jobs, Yes, these jobs don't come back. In a perfect world for U.S. dream, This country should be the Entrepreneur who hired employees (Countries Like China) to do the labor, so then we can sell our goods to Consumers (European Countries and South America). Now here is the dilemma and the truth, U.S. is the Entrepreneur, China the Labor force, but the biggest consumers is not the rest of the world, it's us the U.S. and on top of that China had set the rules? It's like saying the employee sets the rules on how much to get paid and do whatever they want and have more leverage than the Employer? This is why we are in this situation! This is what happens when people puts in charge of the country that don't know anything about Economics, Finances and Business! I'm talking about the Executive and Legislative power! It's like putting in charge of our military forces people that never even served in the military! What do you think it would happened?

[@MrNameless0shelter]

@@cesare7101 only seems trump the idiot will put stop on this.. sooner or later USA companies will not be able to sell anything to China...

[@tn7198]

It makes a big difference depending on the industry. Toys and small items won't be back unless the jobs are automated. Big ticket items (or complex, expensive items) could feasibly be produced in the US. This is one reason why China 2025 strategy focuses on advanced technologies (which are inevitably stolen technologies). It's a good strategy for China's hand right now. I can't imagine companies deciding to decline growth prospects in China, so they will continue to willingly give up their IP.

[@andywu1804]

Its ok as long as the job not going to china... thats what the clip say

[@waynelast1685]

You have the best presentation style I’ve seen in long time.

[@Steven.K8]

This aged badly, the US has lost the trade war

[@江鹤-p6g]

China might have the leverage because usa's presidential term

[@midnightman011]

Both Repubs and Democrats now support the tariffs on China .. no leverage there www.reuters.com/article/us-usa-china-trade-pelosi/pelosi-says-trumps-tariffs-on-eu-missed-chance-to-put-joint-pressure-on-china-idUSKCN1RR211

[@江鹤-p6g]

@@midnightman011 but not every us politicians are as menacing as donald trump

[@gandalfthegreen1827]

This is something people in the USA seem oblivious to that most of the world seems to understand. It's not just a question of who can hold out the longest, but who will. With the USA making widespread changes in foreign policy every 8 years, it's easy to see why many countries take the longer view and just wait.

[@daeding5343]

@@江鹤-p6g i my self 100% support donald trump rather than ccp. My anchestor flee from mainland cz b*stard communist. And we never going back until communist fall. Ppl in mainland are not chinese anymore. You hv no soul like a robot. Idk why ppl still support ccp. And trump is right about ccp are cheater. Yes usa decision it's about power but i think usa doesn't making hard decision like this if cpc are fair in economy. without ccp, ppl of china will be more great than now cz we are Discipline and hard working ppl.

[@candacejones3352]

Thank You! In plain English. Now I know what the hell they are talking about.

[@monamer8654]

@Matthew Madruga, you are right. Hallelujah, finally, I knew I couldn't be the only one that sees this crap as stinky instead of polishing until it shines. 🖖🤘🤘 Good luck, keep up the logical fight! Cuz everyone else has lost it.

[@VodShod]

He completely ignores lasting effects on foreign trade and how all these tariffs are destroying our connections to different markets. We had a plan and we were working up to having us and our allies working together to stop china's bad practices, but Trump just does it by himself, and he doesn't even clearly define what he wants.

[@freedomfest2741]

@Matthew Madruga he isn't right leaning, you are completely wrong about that, he spent an hour defending Democrats when he interviewed Dennis praeger. A right wing person doesn't defend the left when interviewing a conservative, and the majority of his videos has absolutely nothing to do with politics.

[@hectorjinx3433]

Trumptard much lol

[@andrewsalazar98]

@Mika-Corp We need Trump for 4 more years. He got us into this fight with China and Iran, and he needs to see us through to victory. If someone else comes in, they'll need to catch up on everything Trump was doing, and by that time, China will have a greater advantage.

[@jsun87s]

This video is a good example of you only know one side of coin and you insist they are the best. Good luck to you.

[@yinyi4234]

crazy10bears first of all,this video already achieved the basic lesson level, good video, exactly. If you wanna know more, you can read some classic economy books written by Adam Smith and Mankun. A little bit of complex, I can’t tell in short.

[@historicalvoices]

haha 88 How about you make a video and present the other side of the coin?

[@doodletime1512]

Running Hamburger why would he do that? Lol. Keeping the Americans ignorant for longer would serve China better

[@watching99134]

Does this guy not realize how many people around the world see the U.S. as the bully?

[@rb3425]

Sometimes I just do not understand how gullible the US has been up until the past few years. I nearly died protecting the US because I believed and still believe it is worth everything to protect. Meanwhile, China walks all over us laughing amongst themselves. Our own greed has led us to this point and it is going to take huge sacrifices to get out of it. Sooner or later we will have to pay the piper, either internally or externally to China. I don't know about other Americans but I would rather pay for it now then let China decide what America is and stands for later. And as this video states, Trump has many enemies and walks that fine line of PC and decorum, but at least he is trying to stop the ass rape China is giving to us on a daily basis. It is time to get tough, we are too trusting of other countries and history has proved again and again that allowing what is happening now to continue will be our downfall. Will this cause widespread financial difficulties in the US, you betcha! But it will pale in comparison to what your children and their children face if this is not dealt with now.

[@GVChannel]

But China does not sell weapon AS MUCH AS US... ♥ ♥ ♥ ♥ ♥!

[@its-a-matter-of-time.]

They make them to use them. They are piling up for now...

[@jacobq.s1338]

Two words: North Korea But I see your point.

[@spacemonkey1776]

Thats irrelevant

[@retsmej]

this has already become my favorite channel in the past 3 days. very nice...

[@Bheemagni]

What a fantastic teacher... Love the way he explains complex topics...

[@KuruKanagalingam]

Hey Patrick have you ever been to china if so when and how long you stayed there?

[@Sophie-iv4ci]

I heard you talking rotssssss! How about the tones of money apple, Macdonald, star buck etc earns in China ?

[@niwawang4394]

Do i get college credit for economics by watching your video.

[@SuperDenismm]

😂

[@oaaisjdujsi]

China will be split into 20 country by america

[@larryvonsnellzer3249]

Lol did this moron do this video during his break at his job washing dishes lol

[@gregworrel2623]

You lose credits watching this guy. I've rarely seen so many economic falsehoods in one talk.

[@larryl1517]

@@oaaisjdujsi Indeed, people shouldn't pay any attention on China, they are poor and there is no industry in China.

[@andreschavez3342]

not the entire world wants to be in the U.S. (not America, AMERICA is a fucking damn continent, not a country). I am Colombian, and i desire to be in Deutschland, Sweden, Norway, oder Finland, not definitely not the U.S.. You should as well highlight the part when you mention that there is "free press" in the U.S. when that essentially isn´t true. The descriptive video was good, but i can appreciate a clear inclination saying "the U.S. rules the world", which is not good, you know the actions and intervention of U.S. democracy in some countries around the world, most likely non developed and developing countries, like mine, and the results are, as expected, not the best.

[@crazzyraccoon]

Just watched a video with Tumps name in it and I don’t know the youtubers political affiliation afterwards 🙌🏼. Thanks for just giving the facts 🙏🏼

[@defenestrator9119]

Who's Tump? :P

[@MrNettoon]

trump sux

[@markc1310]

Amen. So refreshing....

[@kimoneymaker888]

His stands is for America, who else is good about business and leverage?

[@zengara11]

if u think this guy is giving facts...lol

[@Lord_Byron_]

so we can come up with 1.5 trillion for student loan forgiveness, but not 1.3 trillion for china?????????

[@GentlemensAcademy]

No, we can't come up with that shit either. Don't listen to those Socialist fools.

[@Sribgo]

Lord Byron they are just pulling shit out their ass with that loan forgiveness

[@hypernovie]

We can come up with !.5 trillon to bomb china or anyone else.. USA..USA

[@磐石选锋]

if all the Americans think like you do, we China would win the game for sure.

[@Youngcl77]

磐石选锋 特别想纠正他但是没必要educate 他们，让他们继续做梦吧。

[@磐石选锋]

@@Youngcl77 嗯，我早就对他们放弃治疗了

[@zjh976183]

可以解释一下吗？谢谢

[@磐石选锋]

@@zjh976183 当初清朝也是这么自大的，直到被摁在地上摩擦。都是循环啊

[@guillermogarcia9694]

We all dont

[@abmarketing8837]

There is no trade deficit with China. There's approximately a 40 billion dollar Surplus. You forgot the financial and service industry. When was the last time in the United States that you open an account in a Chinese Bank, or when was the last time you went to go see a Chinese movie, when was the last time you went to go see a Chinese basketball team play in the United States. China has the upper hand. When was the last time you bought insurance for my Chinese Insurance Company. China has the upper hand. When the last time you made an investment in a Chinese Investment Company. China has upper hand because all major American financial institutions are in China. Now what happen if China put sanctions and tariffs on those institutions? China has the upper hand.

[@user-zy9nd2ei2j]

Free market? US? Bro AIG would have went under if not for 170 Billion dollars of bailout 💰. Ask yourself how much rebates and incentives Tesla or its customers are taking for its products to be on the road. You should retake your class on public goods.

[@orlock20]

There was a lot of people unhappy about company bailouts, because one of the reasons the U.S. broke away from the UK was because of high stamp prices on goods for the English government to get its money back after bailing out the East India Company which was a company so large that it had its own army. There was recent protest movement called the Tea Party named after the protest movement I just mentioned that protested the government bailouts. While these were loans, the taxpayers didn't get most of their money back. As far as rebates go, they are technologically specific and not company specific. Tesla isn't the only company making electric cars.

[@user-zy9nd2ei2j]

@@orlock20 Tesla isn't the only electric car company but were cashing in and keep afloat by the rebates and incentives given by the California state government. Furthermore, now this is drying up they have just leaped into the bosoms of China and is getting breaks in factory building and rebates too. The truth is we live in an integrated world and if the US goes around alienating everyone, it will simply be left out.

[@TesterBoy]

Jeremy Wang Nice try, but your example of the US govt bailout of AIG, or incentives to Tesla, is like comparing apples to ZEBRAS. In COMMUNIST CHINA the government completely decides who are the winners and losers in the corporate world. And the communist government is just as corrupt as Mexico. Haven’t you ever heard of the Chinese expression 走后门??

[@TesterBoy]

Jeremy Wang absolutely not, it is Communist China that will be left out. And if they keep on cheating and disregarding international law, they will be kicked out of the World Trade Organization.

[@Mydeardaddy]

@@TesterBoy The fucking Americans will suffer from their arrogant and ignorance soon or late.So funny words

[@cesare7101]

Great explanation, I've been trying to explain this to my friends, as why even if you don't like Trump as a person, You should still pick him over someone like Bernie if you care about this country and their economy!

[@vupham880]

Cesar E Yes but where are the jobs that he promise us. I don’t see jobs coming back but to countries that he probably made deals to

[@cesare7101]

It's kinda hard to explain all these in a KZbin comment section. But to put it simple, The President influence in a free market economy like the one in U.S. is very limited and when a plan is implemented some times takes years to take effect, more years to see results and even more years for people to notice it! The point I'm trying to make is that we might not be able to see the results Trump is trying to get during this current term maybe at the end of the next term. That is why Patrick mention a short term suffering now for a great results later. Giving incentives to big companies to come to the U.S. creates jobs so technically speaking The Government doesn't create millions of jobs, entrepreneurs and companies are! Right now there are more jobs to be fill than people unemployed and on top of that people can always become a self employed and entrepreneur!

[@CutieZalbu]

@@cesare7101 yeah bring back free press at the expense of one of our greatest weapons;Soft Power. America is able to be the world leader because they’re “liked” Trump destroyed more bridges than he built. Ruined the whole US economy by ignoring Corona and has the blood of 1/2 a million people. How you can support someone like that is beyond me

[@JessyJ318]

I watched a video on Trump saying he’s the chosen one and then this one came up....I finally understand what this trade war is about. Thank you for breaking it down...I subscribed!

[@Syisulis]

FAKE NEWS: Trump said he is the chosen one to take on China because none of the other presidents have Sound Bits would have you believe he said he is the magical chosen one from a movie. For the record he was chosen to be in a position that can do something about China

[@Yuro_eatsplatez]

Ummm yah he was the chosen one chosen by the people of the United states. Stop watching fake news. He immediately caught that the reporters are trying to convince the dumb public he ment the messiah which he verbally denounced and said he never said it to mean that.

[@stuartflowers4474]

True.Trump is The Chosen One...Chosen by Putin

[@cobbettwilliam3968]

@@stuartflowers4474 Hello, Chinese bot

[@cobbettwilliam3968]

@@goforward4442 he is a Chinese bot.

[@robertkim3331]

Interesting video but alot is wrong For instance America isn't the leader in technology. You guys don't even buy your own products besides Apple. Samsung better LG better HTC Taiwanese company better Automotive americans don't buy American either Semiconductors Korea the leader in that field. It always confuses me how we American say we have better technology but yet we buy Asian products all the time

[@vladbox1]

Agreed, BUT GREED MOVED THE MONEY out of the US. if 10% of the Chinese can buy Nike shoes, NIKE can move out of the US if they please. So what gives.

[@sebold9363]

This is totally fucking brilliant. I actually feel as though I've got a decent understanding on the trade war now, which I now know I was virtually clueless on before. Thank you so much, keep it up 👍😘👌

[@stealthtowealth2167]

Sorry bud, these pseudofacts are bogus. This guy is an entertainer who makes a living by talking, not an economic expert

[@ickdon7999]

Matthew Madruga We can kick all of the scumbags off of welfare and give it to the farmers, you know, the people that actually work for a living.

[@ickdon7999]

pooscorpion You poor libtards just can’t stop the partisan bullshit. I guess we’ll just sit back and let China destroy us. Typical liberal cowards.

[@blackviking2079]

@Matthew Madruga democrats are pro tariffs more than republicans

[@cash1365]

China saying fuck you trump

[@2ticketsoneadventure]

Great presentation and we'll thought out. Loved all the information, much appreciated

[@bobbywrong1979]

The O.V.V. Jon we all thought out, not true dude. I can def say I didn’t think any of this before I saw it. 😂

[@nickbriggs6821]

A mountain of random “facts” used for a very specific agenda, I was a little worried at first until I did a little research into this guy and came to the conclusion that he was a “don nadie” as they say in Spanish (even wikipedia is in the process of deleting articles). Even the basic economics I did at school back in the 80s was enough to realise this was a load of crap. Even Trump’s puppet in the UK, Boris Johnson, said at the G7 conference in France that Trump was making a mistake. Trump is having to subsidise American farmers as a result of tariffs and the average American household is spending more money because of the trade war, adding insult to injury for the fake tax break Trump promised them. Will they ever wake up and smell the coffee (as they are so fond of saying) I think not.

[@百霆大少爷]

@@nickbriggs6821 Wise men

[@chieflouie2821]

@@nickbriggs6821 china funded democrat?

[@oyl23]

Nick Briggs whos spending more money? certanly no one I know. There's not one person saying they are paying more for same products.

[@m.hoeller04]

God bless you guys! He loves you so much that He even sent His son to die on the cross for you and your sins! Jesus loves you so much that He even gave His life to set you free and give you a second chance! Please make the choice and follow Him before it’s too late! He can return right now! There are gonna be no excuses on judgement day! Start reading the Bible and getting into the word of God! The more you spend time in God’s word, the more His identity becomes your identity! God‘s word over this world! Start spreading the word of God to reach more lost soles! Continue steadfastly in prayer, being in it with thanksgiving! I have a big God that can do big miracles and you can too if you just make the choice and follow Him! God didn’t say that we wouldn’t have any storms, but He did say that He would stay with us when they occur! Jesus, we need you, we can’t do this alone! Thank you, God bless you!

[@hula4483]

Hahaha, like CIA owning FB.......Hahahaha.....Imagine that....hahahaha.....wait a minute...DOH - Joke is on us Patrick...

[@jrloyal2594]

FACTS HAHAHA wait was that a Fact? Yeah that's a fact 😂😂😂

[@divinejusticefeelsgood]

Cia owns them all

[@simion1232006]

Simple answer, America does not want to export high-tech staff . The low tech staff, China does not need them.

[@brandonblackfyre5783]

Like a lot of people said, if our teachers had this energy we would all be geniuses 😂

[@ernawiget868]

Brandon Blackfyre I WONDER “ WHY , THEY DON’T TEACH THIS, AND BIRTH CONTROL IN ELEMENTARY SCHOOLS ? “

[@casper-z9rkls6gl]

Exactly. Traditional schools, university and textbooks are boring, tedious, grueling --- and not effective. Online education is the future . . . but the educational industrial complex is fighting tooth and nail in blocking it.

[@akhilkadapalla]

I don't understand why Americans always fear a growing country. I think they have the problem of being obsessed to always remain a superpower. But the world is all of dynamics, kingdoms raise and fall. I think China should teach them basic physics. ;)

[@hikarupp123]

misconception and bias are the real devils

[@floasa8484]

Chinese are very manipulative, biggest scammers in the world, China is totally based on piracy. @president Trump is the best man to fight shithole China.

[@JR-vc4gm]

@Braxton Nibleycough cough Huawei 5g cough cough

[@RED--01]

@@floasa8484 shut your fucking mouth.I never refer US as shithole even tho you have all those shooting and attacks on your country.. For you FUCKERS saying shit about China..come and tell this 1 or 2 years after you lose this war :>..and you are not going to lose because of China..you are going to lose because you are DUMB AS FUCK and LAZY AS FUCK. thats why you are losing and losing jobs by the day.

[@bovo8646]

@@JR-vc4gm no body need your shit after the ban you can put in yr ass do you think china is doing something special look around china Vietnam Malaysia Philippines Indonesia Thailand and India they are all similar situation to china and they can do the same things and even better

[@bovo8646]

@@RED--01 Are u chinese

[@moffatm]

You made it so clear, thanks for the hardwork.

[@larryvonsnellzer3249]

You must have very low IQ to believe this idiot lol

[@larrynla]

@@larryvonsnellzer3249, you don't sound so smart yourself.

[@shay7764]

Larry VonSnellzer it would be more convincing and reasonable if you can explain why you think the speaker of the video is idiotic?

[@euanreid6682]

But your biggest export is INFLATION!

[@dengxn0926]

true ! bro.

[@perrychrispy1]

US has low inflation rate. Only 2%. Compare that to say Argentina. They're 34%

[@euanreid6682]

@@perrychrispy1 Yeah because they export their inflation via a globally socialized fiat currency making them the biggest socialists on the planet... why do you think Americans always have those Saudi cocks in their mouths even after a bunch of them flew planes into the Twin Towers because they need the Saudi's to keep the Petrodollar socialism alive.

[@bestill.4216]

NO! That's the Fed's job!!!

[@raitiC1]

@@euanreid6682 Who are you? Some hateful citizen of Russia or smth?

[@sydca5365]

Your knowledge over macro economics and international trade is kind of limited. This presentation is not academic, but a political swinging. Were you saying that all American economists and experts were stupid during that time? and You are smarter than them? sorry, don't look like so.

[@travelaround7366]

China may ask Technology transfer which is a common practice under WTO. You changed to transfer business secrets..

[@azharkamarudin6611]

Why share tech with a country that produce fake shit item? Thats whats concern ppl.

[@MrSanbonsakura]

You can cover it how ever you want. But they do copy paste under their brand and don't give FK if you try to sue them for stolen ( i'm sorry ) "transferred Technology "

[@HumanBeingsRThinkingBeings]

America has Freedom of Speech 🇺🇸 Alex Jones : Am i a joke to you? America has Freedom of Press 🇺🇸 Julian Assange : Am i a joke to you?

[@Tribe2k]

assange is not a US citizen and is in trouble for what amounts to espionage against the USA...so ya, you're a fucking idiot. the us government has not censored alex jones free speech in any way...europeeon cucks who get thrown in prison for facebook posts cannot say the same thing....so yea, again, you're a fucking idiot.

[@rayyoung9934]

some of the facts were well explained, however, this guy doesn't understand China, wat i mean is the current China, his mindset about China is still remains in 1990s.

[@shawnmathew2768]

China can’t innovate .they steal from the world.

[@chion918]

Shawn Mathew Oh really ? The US doesn’t? Lol. I don’t recall the US ever paid the Chinese for paper manufacturing technology or paper making technology. You have been fed too much Pro US propaganda.

[@OldSchoolLad]

@@shawnmathew2768 many of the US's military innovations were stolen from the legacy of Nazi Germany

[@gegeseed473]

@@shawnmathew2768 Do you have 5G technology? If not, How to steal?

[@shawnmathew2768]

I have seen 5G technology

[@syedmohd4707]

My point of View, this President of America, Donald Trump done a good Job about The Trades Tariff, America got right to do so To safe America from falling out. As a President he knew what he`s doing, keep it up a good work Mr. Donald Trump. American should be proud To have President like him.

[@willp2042]

Well this should be coming out to each and every American to understand what was/is happening to their economic. A great presentation and well explained.

[@willp2042]

@Jonathan B I guess you might misunderstood of my thoughts.

[@ohhhyeahhh1174]

Bullshit America did this to itself, USA back in our day was a well oiled machine because we had the best economy in the world and the best state in the world new York and the wtc, once that happened once the towers went down everything else went down. We started doing more business with China as a helper to aid us through the cold times in our economy, and we helped China on being the #2 economy country in the world. The us economy hasn't recovered and people know it. I know my dad lost his job in 2003 due to China and them taking over the company.

[@joedfazio]

Jonathan B ????????

[@joedfazio]

ohhh yeahhh Trump agrees, we did this to ourselves. Now let’s fix it!

[@skywarp2414]

This video should be mandatory in high school.

[@Iceisthegoat]

Exactly they should have a current history instead of shit the happened 100 years ago thats irrelevant now classes

[@VenturiLife]

Won't be allowed in the indoctrination institutions.

[@gabem6362]

@@Iceisthegoat wrong.

[@gabem6362]

The scam of the United States and its wealth has been going on for many decades it's only gotten worse since after Clinton administration of China inside the club. Trump wants to even the playing field oh, what's wrong with that. Unfortunately emotions and rhetoric brings down the market cause you more hysteria and hatred towards the man. Remember he's not a politician he's a businessman

[@Iceisthegoat]

@@gabem6362 how can my opinion be wrong lol. Makes no sense but ok

[@jinglebell9107]

Wow, I luv u to be my teacher in ECONOMICS. My present teacher makes me fall asleep sometimes.

[@gregworrel2623]

This is not economics. This is well-organized nonsense. Do some more research or pay attention in class and you may begin to understand why. Here is a start: kzbin.info/www/bejne/sKeYhJyHpaxpqck

[@cecilmilam3336]

This is not about your topic. I was watching the 2020 Olympics today. If the Chinese government started the COVID-19. Do you think it might be a payback. For what the Japanese government did to the Chinese. (WWII) . It's 2021.

[@wangjutao]

挺有意思, 明目张胆的胡说八道. 不过我喜欢你这种科普的方式,把老美忽悠的越蠢,对中国越有利. 加油,战忽局

[@floasa8484]

So why are millions of Chinese escaping from China and begging for Western Visa. LOL Shithole China, terrible educational system, too much pollution, NO freedom of speech and scammers everywhere. China is the world's biggest cheaters.

[@wangjutao]

@@floasa8484 坚持你的看法,我没必要反驳你. Cheaters? 还记得洗衣粉么? 我就呵呵了. 你们自己 做过的恶自己没点B数么? 居然有脸面提Cheaters.

[@wangjutao]

@@floasa8484 看看这个视频就知道,你们每天受到的教育是什么样子的. 看看你用的那些词,就知道你受到的教育是什么样子的. 继续啊,不要停......

[@nikosvithoulkas180]

Cia invested into Facebook on its early stages and still does invest on data collecting cimpanies through InQTel

[@leonardobrawijayamrq8914]

No they dont,thats conspiracy theory. they invest in Gitlab tho.

[@capitanlatino3668]

@@leonardobrawijayamrq8914 it is not, its truth!

[@adonizi]

@@capitanlatino3668 Provide proof then.

[@capitanlatino3668]

@@adonizi everybody knows it! you are the only naive here...

[@adonizi]

@@capitanlatino3668 How does everyone know?

[@anthonybrown1507]

Brilliant...just brilliant you won’t hear this on legacy news

[@减压]

Anthony Brown nothing but horse shit no mention of there are American business everywhere in China making huge profit ,take that into account you’d see American have surplus trading with China .

[@alfredzlee]

Isn't this trade war a way of taxing consumers to feel the gap Trump created in the first place? The tariffs apply to almost every country not only China but also EU, Japan, and the list goes on.

[@PlayMyMusicPlaylist]

Maybe Trump can't build Trump tower in China

[@RadRat1978]

No way he would build a tower in a Communist shithole like China

[@jasonwashington5631]

This guy surprised me, level headed, non-political, extremely informative. couple more excellent videos and ill subscribe. liked.

[@keshab644]

well,americans print dollars for virtually no cost and import more than 500 billion dollars worth of real goods .Deficit os actually a natural thing for the US ,because dollar is their real export product and its working just fine .

[@sweetkellymay]

Great video Patrick! Thanks! Trump might look like a ranting idiot to a lot of people, but maybe he is wiser, than he lets on..

[@SocialEXperimented]

Dave Smith check out his old interviews decades ago, he is actually dumbing down the way he speak when he run for president so most people can understand him better.

[@coobay978]

I'm 110% behind Trump on the trade issues.

[@MalteseKat]

HYPNOTIZED 😳😳 😳🇺🇸🤠 🤑💰 💰

[@JustinR941]

We can do better than Trump. It's all coming to a head under his presidency. It has more to do with timing than Trump's skill, or lack therefore of more accurately.

[@ZacTexC]

Justin _ we can do better than you

[@JustinR941]

@@ZacTexC lol you got me

[@ZacTexC]

Justin _ get that TDS treated. You have another term of Trump so get it taken care of.

[@angelobkoljenovic9528]

You are good at explaining these economical China and US problems .CNN. NBS.ABS and FOX shod have you as an adviser on this mather of Geopolitics and Economy.

[@vangiaido1285]

In fact CNN, MSNBC, NBC, ABC and PBS are faked news and possibly bought by Chinese.

[@richardhampton4915]

those fake news outlets would never have this guy on

[@Dischordian]

Can I just lol that op please. Jesus, no wonder Trump is in power....

[@kawaiicreatures8663]

@@Dischordian , Amen!

[@davidjones-vx9ju]

where are you?

[@davetheplugpalumbo1621]

Manufacturing doesn't count for anything what matters in hard times is food production vs consumption and China produces twice as much food as the U.S and lives on maybe a quarter.

[@mager6560]

through this video is proof that murica not understand single thing about China

[@MuantanamoMobile]

True. It's a pseudo-intellectual xenophobic of China and the current economic war between it and the US.

[@risennation1239]

Actually we know more than every chinese person because we are able to see how everything has been in china compared to the world... China has no authorization to see anything against China... Good luck with being ignorant by force.