China is having a problem with their real estate sector thanks to Country Garden. However, the potential spillover effects could drive global demand down thanks to slower growth in the world’s 2nd largest economy. While China won’t crash into a recession but many countries could slip into one. Here’s what you must know!
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✅ Timestamps & Chapters:
0:00 China’s Economy
1:54 GDP Growth Fears
4:12 Country Garden Real Estate Problem
6:24 China Won’t Save The Global Economy
8:29 The Deadly Domino Effect
10:17 Global Recession Coming
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22 Comments
China sud implement "buy America LAST" or "No America at all"
The struggles at Evergrandes and Country Garden is engineered by the Chinese government. These companies were told to reduce leverage and they ignored the government so credit was restricted. The government wants to derisk the too big to fail companies and also stop house prices rising as they have. It's difficult but the ambition is working as house prices are becoming more affordable.
china never intended to save the west. it wants to replace the west as the leading power.
LMAO China saving the world must be your fantasy.
I was thinking Russia and Brazil
Countries in one belt and road initiative will do better than the rest. BRICS will do better too. China is focusing on quality growth and not quantity. China is the only major growth generator of the world now. China has no structural problems while US has structural problems where the government just kicks the can down.
Foo da Man 😎
Why China wants to work with US. US wants to contain China progress by all means and been acting despicably.
Not publishing the data is anytime better than manipulating and cheating the data like USA has been doing
The collective west is schizophrenic. On the one hand calling for de-risking and the US placing more and more sanctions on China, bringing down foreign investment and adding to economic instability…on the other hand expecting the Chinese economy to pull them out of the rut. How ridiculous. Yes growth will slow down but China will still do better than the collective west.
Why aren't they harping about the US can't save them? And they are counting on China? If that's the case, it is only logical to recognize China as the no.1 economy in the world rather than the US. And also logical that since no one is expecting the US to save them, then US should give up it's claim on world hegemony to retain whatever dignity it has left.
Maybe the alien invasion alread atarted with the laser beam fires created in Hawaii. Still wonder what souvenir business to get into though. Can't imagine them being satisfied with a glass merlion
Don't worry India will come to the rescue this time🤣🤣🤣
News from westerners who have been in China for many years have said that the Chinese are being cautious. They are saving in case things go awry.
The West runs China down but expects it to be the one to save them. China should not.
Let it all burn, then see who is left standing. May those who are weak be removed from the system. It’s called natural selection.
God video!! PS: i like the picture on the wall behind you😊
It has been said by people close to the ufo phenomena that the alien invasion won't be hostile. It won't be an invasion. But it will be sold as such to divert yet more spending into defense.
But how well has debt war spending actually worked over the long term? As if the absurdity of tanks and artillery can defeat beings who can fold space-time and move through the cosmos faster than light.
But yes, the taxes will get paid, the debt will grow, the dollar will shrink, and money will flow into defense.
If the aliens want planet Earth, they needn't lift a finger. Just wait 50 years and let the birthrates collapse. Caged animals don't reproduce. Oh, yes, excuse me.. 15-minute cities. Be fruitful and multiply.
Another great episode that lays out on a global perspective the economic interconnectivity and projecting that into the future. It's a natural thing that after a gigantic natural disaster like Covid, economies weaken but politicians try their magic tricks to make it looks as if nothing happens and arguably causing more harm later. Embrace recession or a depression as part of the cycle of life.
❤❤Thanks Sean😱
Why Should China Save the world economy? BRICS economy is doing alright. Western cheating economies doesn't represent world economy. They can quantitatively ease themselves out of the morass they have landed with Master US. No country is interested investment in Western debt. De fiat currency is the only way and world nations are doing that.
China is the world only hope to demolish the haters and the oppressor.
Great video again Sean, let's hope for an alien invasion, 👍
The Chinese is the most economic-sensitive 🎉the moment their income is reduced even by abit, their personal expenditure immediately is reduced even more irrespective of the size of their savings.
Everyday I click in your channel to hear your latest updates. Your analysis will be more interesting if it includes reports on India, South Korea, Japan, Vietnam, Singapore and Australia