You Won't Believe What the Chinese Central Bank Just Did

Chinese authorities held a surprise press conference early this morning where PBOC Governor Pan Gongsheng did his best Oprah Winfrey impression handing out rate cuts to practically everyone. All that does is further expose the gravity of the situation: the more the central bank or any authority does, the worse you know it is since rate cuts never work. China just announced a lot of them.
Eurodollar University's Money & Macro Analysis
Bloomberg China Unleashes Stimulus Package to Revive Economy, Markets
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Twitter: / jeffsnider_edu

[@ICDeadPeeps]

The main issue with these rate cuts and stimulus package is that people will not take out loans no matter how low rates are if they're losing their jobs or having their pay slashed. This might temporarily boost equity prices, but it's ultimately going to set up investors for a bigger crash.

[@TeeJayChapmion]

The idea is that lower rates encourages entrepreneurship. New businesses means more jobs

[@logantcooper6]

​@@TeeJayChapmion it takes a long time for that to be set in motion

[@Gabber44906]

It BETTER NOT SEND EQUITIES UP. I AM SO SICK OF THIS..I OWN BONDS. TIME FOR BONDS DAMN IT!

[@Gabber44906]

​@TeeJayChapmion ya but no one can afford anything.

[@ICDeadPeeps]

Lol I forgot to mention the biggest reason why this won't work. Home prices have yet to stabilize and are still declining in China. So why would a rational consumer sign up for a long-term loan when the underlying collateral is still depreciating (A.K.A. underwater mortgage)? Their real estate market is in a death spiral with no way out. It's not just about incomplete apartment complexes that require more funding. A lot of these buildings were solely built for temporary investment vehicles and not to be lived in. They were poorly constructed and literally disintegrating within a short amount of time. Just search for China Tofu building or construction. So the underlying collateral is losing value and/or becoming worthless, job and unemployment conditions are worsening in China. Why would anyone take out a loan under these conditions and willingly be trapped in a long term debt you can't get rid of (you can't file for personal bankruptcy in China)?

[@chewkaevin]

If they do nothing , they collapse , if they do something , they will also collapse … You are an epic 🤦‍♂️

[@chongyayayayayayayayaya]

gordon chang

[@OzanBasaran-z4j]

They collapse somehow for somereason for somepeople everyday.😅

[@cheaplaughkennedy2318]

Only made the situation exponentially worse.

[@whatnow63]

no jobs no money no economy who cares about rates

[@AnthonyFisher951]

Thanks Mate, the sad truth is that no one has a clue, we all react to what happens as it happens and try to analyse it but can’t predict an iota of what is going to unfold in the markets… content creators are like amplifiers, when times are good they affirm it and try to tell you why it’s good and that it’s looking bullish but then all of a sudden the market turns bearish and everyone affirms it again and try to analyse why… it’s so sad that many are so powerless and it's not about guessing the market's next move; it's about playing it smart and steady during trading...managed to grow a nest egg of around 2.3Bitcoin to a decent 19Bitcoin in the space of a few months... I'm especially grateful to Milton Harper, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

[@AnthonyFisher951]

He mostly interacts on Telegrams, using the user-name,

[@AnthonyFisher951]

@MiltonHarper

[@Angelina-x6u]

I agree that there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors with experience...

[@AntonioMaurer503]

Building a good investment portfolio is more complex so I would recommend you seek Milton support. This way you can get strategies designed to address your unique long/short-term goals and financial dreams.

[@Phillipp-t1z]

Best signal provider in the market. Knowledgeable, level headed no loss like some other traders who recently jumped on the bandwagon.

[@matthewthurn]

Can I please have a rate cut? Oh wait, I have 0 debt…

[@joshuaburns3167]

Being right doesnt make alot of money

[@davecritto-df6eb]

WW111 - History will say. "No one bought the IPHONE 16."

[@Missouripatriotic]

Bro china has been collapsing on this channel for over 4 years now

[@Billck24]

Come on bro gordon chang waited for more than 20++ years just wait be patient😂😂😂

[@filippxx]

On this channel everything has collapsed over the past 3 years, of course the market returned double digits in the past two years like it happens with all perms bears.

[@hrviumhrvarium74]

everything is collapsing on this channel. it's the only thing that sells nowadays. he almost has no other option. every week is another version of end of the world narrative

[@accidentalhomestead5522]

I really like the background. Most content creators have some staged something, not Jeff. The heart from a kid and the blank pictures say it all. All business, no fluff.

[@wagashiohagi]

@@accidentalhomestead5522 You should definitely pay him two grand a year for his "deep dive analysis"!

[@joshuaburns3167]

Their market is up 3000 points in a few weeks

[@PhilippBlum]

lol, China being able to reduce the RRR. Federal Reserve being like: Hold my beer 0% since 2020.

[@michelerousseau.]

It’s not collapsing.

[@jigmed1]

7:58 These animations are straight out of 2004 😂

[@MarkGast]

Amphetamines are not going to raise that dead horse.

[@autokorrektor8166]

It's a monetary party and we all playing limbo.........

[@erniecho]

It's kind of to late for rate cuts. People are drowning in debt... They will never pay off their mortgage or have their own children... 😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂

[@1Skeptik1]

People drowning in debt are fools trying to live beyond their means. Empty pockets are a choice and there is no shortage of stupidity in America. Our public schools are a dismal failure.

[@garrellcable]

Victim blaming. Classy

[@KorthyV2]

@@garrellcableThat whole concept doesn’t apply when they victimized themselves 😂

[@AkaRyrye83]

​@@garrellcableI'm sure there are many who have high debt even when they were mostly responsible, but I would bet for the vast majority it was from poor financial choices. Over the last several years I have seen people all around me buying all sorts of fancy new cars, phones, tvs, clothes, etc. It might feel nice to pretend otherwise, but the hard truth is that we have a spending addiction in our society, and we may be forced onto a diet soon.

[@JigglyPuffMafia]

@@KorthyV2 You don't think the government printing $ and artificially setting interest rates has anything to do with it??

[@vietimports]

when every other country was raising rates china was the only one cutting ever since the evergrande implosion

[@Banmuyuan]

Didn’t the US just cut rates?

[@vietimports]

@@Banmuyuan yes, but that was after a very aggressive rate hiking. china never raised rates, and has only been cutting. the implosion of evergrande pretty much destroyed their economy, like a 2008 global financial crisis level event in just china

[@yw419]

@@vietimports China didnt give everyone money during Covid and thus had no inflation issue... but yeah desperate

[@AkaRyrye83]

​@@yw419didn't they bail out corporations? I can't remember for sure

[@JigglyPuffMafia]

@@AkaRyrye83 doesnt matter what youre doing with it. If you print less $ you'll get less inflation.

[@WoutervanTiel]

China sneezes and now we're catching the cold...

[@billhanna5455]

Itll be fine Bill Gates has a Vax for it

[@mattllaves]

Not again please 😂

[@Mr.kai1999]

Remember stocks shoot up then crash all at once. The best way to profit (in my opinion) is to ride them up but have a tight stop loss.

[@John-wf5if]

Stocks are not allowed to go down. 'They' need high asset prices. Markets go up only!

[@CR67]

YANG is looking attractive. Or, puts on YINN.

[@ViperMike-c2r]

You don’t get it…it’s not about the recession, it all has to do with pumping up the stock market otherwise the whole system collapses. Banks, retirement accounts, pension funds, everything will collapse

[@alc7084]

Is it true that the stock market and the national debt are connected? Is that why the debt will increase and so will stocks?

[@billhanna5455]

Blackrock (Rothschilds) owh the lot ,.,, Itll be fine LOL

[@alc7084]

​@@billhanna5455that doesn't answer my question. I know about the clandestine families I'm asking about function

[@DT-dv6wf]

they are in Drivers seat, as they supply world with cheap stuff.

[@mulvenna100]

not anymore. All those factories are gone

[@bubbasanches4591]

China bad

[@billhanna5455]

Kissinger in the early 2000 > Move your plants to China if you want to stay profitable ...& they did LOL

[@filippxx]

Not for long. Most big corporations figured out that Xi can do what Putin did in a coin flip and are all scrambling to move out. They are buddys and the west can't do anything about it apart from getting their money out.

[@apflewis]

Jeff, bless him, is like that guy at Times Square. Who walks around with a placard saying "The end of the World is nigh. I would say the US (Western) economy is in worse shape, at least China still has some manufacturing capacity.

[@Micfri300]

China has manufacturing capacity but nobody is buying their rubbish.

[@Zero-s7k]

China doesn't have manufacturing everyone has moved out of China that why China economy is collapsing. America is fine if we can't get rid of corporations influence out of the government and get rid of social programs. China doesn't have anything. China ran their economy hot for the last 40 years. They literally had the greatest economic expansion in the shortest amount of time in human history. That doesn't occur naturally unless you overleveraged your economy.

[@mohlini1]

thanks Jeff

[@Marv86]

This reminds me of 2008, RRR cut by China ended up just creating a liquidity trap.

[@Makronauta]

These sound Ai written. Each video has 2-3 points of data and the whole charade of relentless, repetitive bullshit. No tone, no nuance, no implications, no explanations, just this vomit every day. Jeff, you need a partner (not van Meter!) who can challenge you in this echo chamber of yours! Right now, it's way out of whack.

[@skillz4life360]

The Hang Seng does look like a definitive bottom after this

[@JSniderDebunkedgoldspansubstak]

Jeff "I'm Having a Fall Sale because I Desperately Need You to Fund My Losses" Snider. Debunked.

[@nicolasbenson009]

In light of the ongoing global economic crisis, it is crucial for everyone to prioritize investing in diverse sources of income that are not reliant on the government. This includes exploring opportunities in stocks, gold, silver, and digital currencies. Despite the challenging economic situation, it remains a favorable time to consider these investments.

[@TinaJames222]

The pathway to substantial returns doesn't solely rely on stocks with significant movements. Instead, it revolves around effectively managing risk relative to reward. By appropriately sizing your positions and capitalizing on your advantage repeatedly, you can progressively work towards achieving your financial goals. This principle applies across various investment approaches, whether it be long-term investing or day trading.

[@tatianastarcic]

Even with the right strategies and assets, investment returns can still vary among investors. Experience is a key factor in achieving success. I realized this and sought advice from a market analyst, which helped me grow my account to nearly a million. I strategically withdrew profits just before the market correction and am now capitalizing on new buying opportunities once again.

[@Vincent-j8u]

Please can you leave the info of your investment advisor here? I’m in dire need for one

[@tatianastarcic]

Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with Sophia Maurine Lanting for the last five years or so, and her returns have been pretty much amazing.

[@sharonwinson-m8g]

Thank you for the information. I conducted my own research on google and your advisor appears to be highly skilled and knowledgeable. I've sent her an email and arranged a phone call.

[@aleaiactaest8354]

okey alot of rate cuts. But what are the implications for world economy? export deflation abroad? should they stimulate fiscally?

[@ZZ-my5og]

what is the code for the fall sale? want to sign up

[@daltonclifford5106]

How is 20 BP a lot

[@instructorkai]

Oh oh, here it is! Right on schedule!

[@chrishughe]

I believe

[@Blindjustice1776]

Hi Jeff, I understand that you don't think low interest rates and cheap money creation leads to inflation. So I would like to see how you feel about the correlation between M2 money supply and inflation.

[@xfactor6099]

China is cutting rates in response to the Usa FED rate cut. All central banks are reacting to the usa fed cut. Didnt hear you say the usa fed is desperately cutting rates did i?

[@Micfri300]

China is in a far worse shape than the us is

[@beaucarpenter4688]

Send some stimulus money already 😂

[@petergeddesrensen6567]

Cutting rate hoping for a new fate

[@thoroughsoft]

The "arr arr arr"... Sounds like we have pirates onboard.

[@pablo229pablo229]

If rates keep going down, people stop spending, waiting for even lower prices. The Doom Loop begins...

[@Zero-s7k]

Why do you think Warren Buffet and Blackrock are holding billions in cash lmao lol

[@瞎聊]

Economy s all about people's expectation and mentality.

[@AdHominem-001]

Majority rules

[@solskengroupllp2758]

Had people just had more faith, the Titanic would not have sank.

[@joshuaburns3167]

They stimulate through the markets...

[@kludgedude]

Jeff benches 220

[@sociolocomtsac]

milligrams?

[@melotalk3178]

Love your videos! Are we at the peak of a Long Term Debt Cycle as a global economy? I just learned the difference between short term debt cycle, long term debt cycle, and productivity growth. With the debt level so high across the globe (Especially US), it seems like we need to have a depression, and go into a deleverage cycle?

[@betsywestbrook7169]

Can you compare what Japan did I. The 80s vs China now? It seems like they over leveraged just like Japan did

[@harryviking6347]

Lending money for what??? Tofu houses who falls apart and you do not even own? House prices falling rapidly? No more work?? LOL! It is over!

[@wagashiohagi]

@@harryviking6347 Fried tofu.

[@jb3995]

So you want us to be all in? Thanks all in FXi

[@John-wf5if]

Markets are fine and assets are booming. Stock market only goes up! Doomers sell doom.

[@TruckerBod95]

There equity market ripped higher.

[@MarkShinnick]

Their

[@TruckerBod95]

​@MarkShinnick ur rite their is a possessive pronoun.

[@camilocarmona3838]

@@TruckerBod95right

[@MarkShinnick]

@@TruckerBod95 That's funny...I never paid attention to that in school.

[@PonziZombieKiller]

It's all crashing like a mofo

[@pearlyung]

Start of china amargeddon

[@leeanderson2912]

Chinageddon! :-D

[@bobgio90]

So buy TLT?

[@MrShpoulsen]

By saying cutting rates i does nothing for the economy, would you then claim that the comming recession would be equally bad if the central banks just kept the current interest rates? What if they gave us rate hikes? What if the interest rate was raised to 10% globally? Ofcause this would cause deflation and tank the economy even further. Rate cuts may be a band aid on a severed limb, but central bankers aren't stupid.

[@markneilson1044]

What shampoo do you use.

[@Swamp-Bat]

Off topic, but what is the original art you have hanging on your wall?

[@Denni55]

I have just one thing to say to you... RRR

[@jmwSeattle]

No pointer, Bumped out,

[@shangwensun9746]

Whats wrong with you?

[@8000_k]

meaning?

[@ric6074]

The new Gordon Chang😂

[@Makronauta]

Hes broke and increasingly bitter about it

[@Micfri300]

Bitter Chinese bot.

[@callmebill]

​@@Makronauta Seems that way

[@60zodiak69]

I mean take care of your domestic problmes first, and dont care about others! except the situation in the lalaland is horrible but we gotta keep the propagandamachine it still is much better than, over there! haha Hit it Jeffiboy

[@shakeyspizza01]

Central Bankers relegate them

[@gregorysagegreene]

D. The sincesers are frightened of spoken reality.

[@callmebill]

Your viewership is collapsing.

[@HABAKKUP]

Narcissist will never pay back what they steal in loans and credit..we all live free..no rent or mortgage instead..thank you narcissist

[@Micfri300]

Chinese bot using Google translate and failing badly.

[@BigMint_co]

What are your thoughts on this approach taken by the Chinese Central Bank? Do you think these strategies will be effective in stimulating economic growth in the long run?

[@HerrLT]

Why is Geoff so edgy today? He said orgasmic and damn in his video. Did Geoff skip leg day?

[@JohnyTerr]

!!!I recently sold some of my long-term position and currently sitting on about 250k, do you think Nvidia is a good buy right now or I have I missed out on a crucial buy period, any good stock recommendation on great performing stocks or Crypto will be appreciated

[@DivaHarrison]

As a beginner investor, it’s essential for you to have a mentor to keep you accountable. Kristine Lynn Weber is my trade analyst, she has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.

[@ElizabethHansick]

I managed to grow a nest egg of around 120k to over a Million. I'm especially grateful to Adviser Kristine Lynn Weber, for her expertise and exposure to different areas of the market.

[@DivaHarrison]

I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $100k passively by just investing through an advisor, and I don't have to do much work. Inflation or no inflation, my finances remain secure. So I really don't blame people who panic.

[@ElizabethHansick]

Without a doubt! Kristine Lynn Weber is a trader who goes above and beyond. she has an exceptional skill for analyzing market movements and spotting profitable opportunities. Her strategies are meticulously crafted based on thorough research and years of practical experience.

[@JohnyTerr]

nice! once you hit a big milestone, the next comes easier. How can i reach her if you don't mind me asking?

[@mmmom6469]

Forever bull

[@clementng7718]

😂😂😂😂😂 CCP 👎👎

[@kludgedude]

War could be economically stimulating

[@GF-hg7op]

You go first

[@AdHominem-001]

Taiwan: oh dearly me

[@leeanderson2912]

That's what scares the Crap out of me.

[@hologramhouse729]

I see 🧿🎭🧿

[@wagashiohagi]

Jeff has been singing the "Globally Synchronized" China doom nonsense for four years. It's beyond pathetic at this point. On Emil's channel, video titled "Reading China Tea Leaves", start the video at 35:00 and let the laughs begin. Since that day, 6/20/20, SPX +2300 points, TLT -77 bucks a share, USO +52! I could go on and on about how incredibly incorrect Jeff has been on just about, if not, everything. Instead I will ask...at what point are you man enough to admit you were wrong Jeff?

[@TruckerBod95]

Hopefully, you didn't listen and had calls on the SPX and puts on TLT

[@wagashiohagi]

@@TruckerBod95 I did in fact collect an obscene amount of profits Short TLT/Long TBT. I've thanked Jeff plenty of times for being on the other side of the trade.

[@TruckerBod95]

@@wagashiohagi inverse Jeff lol l do inverse Kramer also

[@Micfri300]

Chinese bot pops his head again.

[@wagashiohagi]

@@Micfri300 Thanks for being a fan!

[@thespacecowboy420]

大家都不容易

[@MarkShinnick]

What everyone wants, nobody gets.

[@sociolocomtsac]

I'm making too much money. Lots of taxes to pay...

[@powerofthekitten]

1 st

[@KurtOsinski]

Hit 250k today. Appreciate you for all the knowledge and nuggets you had thrown my way over the last months. Started with 24k in April 2024..

[@Joerico-g3c]

I would really love to know how much work you did put in to get to this stage

[@KurtOsinski]

I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear that you saved me from huge financial debt with just a small Investment, thank you Alesia Haas you're such a life saver

[@JenniferCochran-w5e]

As a beginner in this, it’s essential for you to have a mentor to keep you accountable. Alesia Haas is also my trade analyst, she has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.

[@JayZim-r5j]

Same, I operate a wide- range of Investments with help from My Financial Adviser. My advice is to get a professional who will help you, plan and enhance your management skills. For the record, working with Alesia Haas, has been an amazing experience.

[@ChristianaBremer-z1q]

I'm favoured, $30K every week! I can now give back to the locals in my community and also support God's work and the church. God bless America,, all thanks to this same Alesia Haas.

[@Aveelizabeth-i7n]

Success is not built on success. It's built on failure, It's built on frustration. it's built on fear that you have to overcome. I pray that anyone who reads this will be successful in Life

[@munipradeep]

Investing in stocks & crypto is a good idea,a good trading system would put you thought Many day's of success.

[@cryptoproff647]

People prefer to spend money on liabilities, Rather than investing in assets and be very profitable.

[@wilsonjso]

You're so correct save,invest and spend for necessities and few luxuries relative's to one's total assets ratio.

[@dishappywithlife2556]

Basically the global 🌍🗺️ economy is up the wha-zoo!! Along with G7 teetering on the side of a cliff. The Great Depression will look like a picnic compared to the onslaught we’re all about to face. 🤯😮

[@Mathew-zs3nz]

The FED lowered its inflation objective to less than 2% in 2012. They changed the target to a long-term average of 2% inflation. Because long-term interest rates are set at inflation plus a profit margin, the implication is lower interest rates. I consider the current rising interest rate to be a very serious issue it will cause more investors to withdraw from the market. But then despite the severe bear market, I am aware of certain investors that continue to earn over $365,000. Wish I could accomplish that.

[@berniceburgos-]

Very possible! Particularly in this weak market. There are several opportunities to generate excellent returns, but such intricate transactions can only be carried out by seasoned market professionals.The FED lowered its inflation objective to less than 2% in 2012. They changed the target to a long-term average of 2% inflation. Because long-term interest rates are set at inflation plus a profit margin, the implication is lower interest rates. I consider the current rising interest rate to be a very serious issue it will cause more investors to withdraw from the market. But then despite the severe bear market, I am aware of certain investors that continue to earn over $365,000. Wish I could accomplish that.

[@BridgetMiller-]

I totally agree, it's been three years and counting, and I've made over 1.7 million by simply following a coach's advice. I was on the sidelines for a while watching, trying to determine the best time to get in, before I came across a coach, recommended by my wife. I was reluctant at first but I went ahead and contacted the coach. As a small reward for my consistency, I went on a trip to the Bahamas in the late summer.

[@BridgetMiller-]

I totally agree, it's been three years and counting, and I've made over 1.7 million by simply following a coach's advice. I was on the sidelines for a while watching, trying to determine the best time to get in, before I came across a coach, recommended by my wife. I was reluctant at first but I went ahead and contacted the coach. As a small reward for my consistency, I went on a trip to the Bahamas in the late summer.

[@callmebigpapa]

They could just build an equitable, just, non-corrupt society where individuals and companies are able to grow and thrive .....or not.

[@josephbwuzhere]

so when you prop something up, it is actually not collapsing, it is propped up.

[@mitchellchristianson8120]

Ok it's still is it cheap their market compared to the United States sp 21.6 Forward earnings

[@mitchellchristianson8120]

The housing market is terrible. No doubt about that you forgot The trillions they spent on infrastructure. You can see it. It's everywhere in the United States we don't know where the money is. It's unaccounted for we've lost it somehow. Anticipated tax revenue revised again and again and again

[@truthbsaid1600]

Chinese people have a long standing reputation for being frugal given the tragedies that have unfolded thru out its history. So borrowing money to go on and spend it straight away is likely not going to have much effect.

[@doctortraumacock]

Rate cuts don't do nothing. If high rates stifle business, then cutting rates should have some effect.

[@damienbates]

Yes China is facing some serious challenges but they have proven to be resilient in the long run. What they are doing does make sense but it’s only a part of the solution. They can certainly open back up to market forces and succeed. Their people are better educated and more informed about capitalism. They have an enormous base created by decades of foreign investment that can still be used to improve growth. Let’s not fool ourselves into thinking they are done and not in this race.

[@StarNumbers]

Sorry, before you raise your voice, check out the situation at home. Otherwise you just don't know and criticize but one parameter somewhere else. The globe behind you says it all. The earth is flat and you are the good Wokie trying to keep the lies afloat.

[@seanmerchant608]

Debt is burden your pace will become slow & slower.less bang for the buck debt is deflationary.

[@travismonk2804]

Wow Jeff paid a lot of eurodollar membership fees for channel engagement on this one 🎉🎉🎉

[@karenfreeman1601]

When you lower rates your payments go out longer therefore higher interest. 😢

[@WilliamBrwn]

collapsing again? Collapsing all the time!

[@odrognan1]

Its an transatory colaps i guess?

[@hmhm8007]

No we want bealie you are raigth

[@Treegrindertrading]

Ahoy, Matey! Arr Arr Arr

[@johnzuo6625]

Hahaha😂 you shorted?

[@jesperandersson889]

The nothingburger effect

[@emila6]

Any day now!

[@Cedartreetechnologies]

Nice analysis.

[@mg8187]

No one cares