China’s Looming Crises | CNBC Marathon

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  • Опубликовано: 23 дек 2024

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  • @Susanhartman.
    @Susanhartman. 3 месяца назад +1358

    Its worse here, our economy is like a flailing fish, fighting for its life. The normal state of the U.S. economy is actually very bad. Because of this it goes into convulsive spasms fighting to grow any way it can out of desperation. Tricks, gimmicks, rule changes try to stimulate the economy and prevent it from falling but they only bring temporary relief to people since, when you factor in inflation we are declining.

    • @mikegarvey17
      @mikegarvey17 3 месяца назад +6

      People believe their currency has the worth it does because they have no other option. Even in a hyperinflationary environment, individuals must continue to use their hyperinflationary currency since they likely have minimal access to other currencies or gold/silver coins.

    • @ThomasChai05
      @ThomasChai05 3 месяца назад +5

      Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.

    • @mariaguerrero08
      @mariaguerrero08 3 месяца назад +4

      @@ThomasChai05I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.!!

    • @ThomasChai05
      @ThomasChai05 3 месяца назад +4

      "Izella Annette Anderson" is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment

    • @91ScottieP
      @91ScottieP 3 месяца назад +4

      I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an email shortly.

  • @Particamuwowo
    @Particamuwowo Месяц назад +708

    With the Fed cutting interest rates by 50 bps, what do you think will happen to the stock market? My portfolio has performed exceptionally well this year, but I am concerned about the possibility of a market crash and losing my gains though but, it's all on a brighter and splurging side for Gold and Silver, should I look that way?

    • @CharlesT.Foster
      @CharlesT.Foster Месяц назад

      Gold and Silver are often seen as a safe-haven asset that can protect against inflation and economic uncertainty. But like any investment, it carries risks. To determine if gold is the right investment option for you, an investment advisor can help you weigh the potential benefits and risks of investing in gold. They can also help you create a well-diversified portfolio that includes gold as part of a broader investment strategy. An investment advisor can help you decide how much of your portfolio should be allocated to gold and select other investments that can complement your gold holdings.

    • @KarenJ.Mancia
      @KarenJ.Mancia Месяц назад

      Investing in gold is a reliable choice, and I plan to keep buying more to make up for my losses. While silver is also a good investment, my collectibles are not as similar. It's important to have clear investment goals and educate yourself on the type of investment that interests you. I work with a financial consultant regulated by the SEC, and started small, but eventually accumulated over $800,000.

    • @juliasalley
      @juliasalley Месяц назад

      This is definitely considerable! Do you think you could suggest any professionals or advisors I can get on the phone with? I'm in dire need of proper portfolio allocation.

    • @KarenJ.Mancia
      @KarenJ.Mancia Месяц назад

      Just research the name Stacy Lynn Staples. You’d find necessary details to work with a correspondence to set up an appointment.

    • @JohnNgomba-k3v
      @JohnNgomba-k3v Месяц назад

      I'm grateful for your help. After looking up her name online and checking out her credentials, I must say, I'm really impressed. I reached out to her because I could really use all the help I can get. We've set up a call for further discussion.

  • @hugowilliams1988
    @hugowilliams1988 7 месяцев назад +279

    hi CNBC, name a era that China is not in a crisis.

    • @fjordike
      @fjordike 7 месяцев назад +18

      Mao's philosophy was that hardship, chaos and calamity keeps the population busy, more focused on their own survival and more dependent on the ruling class for doling out meagre support - it worked GREAT for Mao!

    • @Bidyoworks
      @Bidyoworks 6 месяцев назад +4

      FAKE ACCOUNT !

    • @leehtp4707
      @leehtp4707 6 месяцев назад +14

      LMAO🤣...You should ask CNBC, when they will make news about China isn't in crisis.

    • @nigellei8591
      @nigellei8591 6 месяцев назад +8

      1995-2015

    • @kefengyuan3278
      @kefengyuan3278 6 месяцев назад

      You figured out the key feature of Chinese history. Not a civilization at all.

  • @nqobilemalaza9838
    @nqobilemalaza9838 7 месяцев назад +1279

    The world, not just China needs to rethink the notion of growth.

    • @finessegoddd
      @finessegoddd 7 месяцев назад +138

      So many of these issues stem from the capitalist mindset of infinite growth and the expectations that creates among investors

    • @tequilapopp9999
      @tequilapopp9999 7 месяцев назад

      America has been wishing for China's collapse since 2001, unfortunately that wish finally came true but instead of China its in America... out of control inflation, crime/looting, mass shooting, homelessness, druggies/zombie cities, border/illegal migrants, etc... I guess the old saying s true.. be careful what you wish for

    • @KNByam
      @KNByam 7 месяцев назад +33

      They measure growth by how many billions the riches people have.

    • @jtoddk98
      @jtoddk98 7 месяцев назад +6

      I agree

    • @naveenappala2527
      @naveenappala2527 7 месяцев назад +9

      @@KNByam spot on 👍

  • @alphaomega1351
    @alphaomega1351 7 месяцев назад +1100

    Having kids solely to support an economic system that has never been able to provide jobs for everyone is absurd. 😳

    • @KS0102
      @KS0102 7 месяцев назад +115

      Not to mention, NO ONE wants to live like a financial slave.

    • @GeorgeP-uj8xc
      @GeorgeP-uj8xc 7 месяцев назад +50

      Having your government set a limit to the amount of kids you can have is even worse 😮

    • @MrLazlness
      @MrLazlness 7 месяцев назад +53

      @@KS0102that’s why hobo ism and living in your car is so popular in the USA where people can’t even decide what gender they are

    • @MobiusCoin
      @MobiusCoin 7 месяцев назад +25

      ​@MrLazlness lol this talking point is so 18 months ago

    • @testxxxx123
      @testxxxx123 7 месяцев назад

      Making u wonder what is that we are saving, this capitalism system they exploited us ???

  • @tristanlee6155
    @tristanlee6155 7 месяцев назад +129

    As a Chinese person, I love this channel so much. Not only can I practice English, but the comments and the content of the program itself are the funniest. -0-

    • @XxBloggs
      @XxBloggs 7 месяцев назад +16

      How's the freedom of speech going?

    • @sergab
      @sergab 7 месяцев назад +21

      @@XxBloggs Columbia U.

    • @sergab
      @sergab 7 месяцев назад +20

      @@Breavis 30 years ago, is like speaking of
      Tulsa race massacre (1921)
      Rosewood massacre (1923)
      Harlem race riot (1935)
      Zoot suit riots (1943)
      Harlem race riot (1943)
      Harlem race riot (1964)
      Watts riots (1965)
      Detroit riot (1967)
      Los Angeles riots (1992)

    • @sergab
      @sergab 7 месяцев назад +1

      @@Breavis Also, my comment is that the government of that time is not the same as today (its economy definitely is not). In the same way that I hope that the American government is not the same as it use to be.

    • @nojokes9011
      @nojokes9011 7 месяцев назад +11

      @@XxBloggsJulian Assange

  • @IamJohnnyFan
    @IamJohnnyFan 7 месяцев назад +610

    watching this in Canada unemployed...

    • @wenkaizhai2443
      @wenkaizhai2443 7 месяцев назад +39

      Im fron china,to be honest,it goes same situation in china which unemployed rate has go so high right now

    • @kuanxu2627
      @kuanxu2627 7 месяцев назад

      @@wenkaizhai2443 你连工作都没有啊five

    • @michaelk2459
      @michaelk2459 7 месяцев назад +38

      ​@oldbeergangster2381 our youth unemployment problem in Canada is 21% as well.

    • @lettucesalad3560
      @lettucesalad3560 7 месяцев назад +15

      @@michaelk2459 Really? where are you getting your numbers? Beijing dreams? "Unemployment in Canada has been inching up in recent months, hitting 6.1% in March and roughly twice that for young people, according to the federal government's statistical agency"

    • @kaze-xo
      @kaze-xo 7 месяцев назад +11

      CNBC is American, so why does Canada, a country with very low unemployment rate, have anything to do with this video?

  • @-Ncrypt
    @-Ncrypt 7 месяцев назад +19

    China’s been in “looming crises” for years. I’m sick of reading it in the headlines. They seem to be doing better than we are, sadly.

    • @zhuangbamboo-hu1mm
      @zhuangbamboo-hu1mm 7 месяцев назад +2

      其实每一个指责都有部分的正确性,这帮助中国更谨慎的前进。而更多的指责是一种战争,舆论战争,是希望这个国家混乱。我思考的是指责是为了更好么?我不认为西方的指责是这个目的。

    • @-Ncrypt
      @-Ncrypt 7 месяцев назад +2

      @@zhuangbamboo-hu1mm Friend, thank you for your response. I am surprised to see a Chinese response on here, are you in China and using a VPN to access RUclips? I am glad to be able to communicate with you. I struggle to understand your response, maybe because of the language barrier, or maybe Google Translate sucks, hahaha! I don't understand what you mean when you talk about blame and accusation. American people don't accuse China for the bad American economy. That is the fault of America. But in American news headlines, they always say "China's economy will soon collapse" and it never seems true. It seems more true to me that China's economy is doing better than America's economy. Do you agree?

    • @hello855
      @hello855 7 месяцев назад

      By what metric are they doing better? America has its own issues, but Chinese economy has really struggled to recover since covid.

    • @zhuangbamboo-hu1mm
      @zhuangbamboo-hu1mm 6 месяцев назад +1

      @@-Ncrypt hello!I can access RUclips using the normal Internet in the company (in China, companies need a link and can apply for it), but I need a VPN for my mobile phone. But this does not affect everyone's connection with the world at all. My colleagues are from India, Germany, and Japan. Regarding what you said about Western politicians always saying that China will collapse, at least I don't think it will happen now, maybe a few hundred years later, because I believe that there is no eternal empire or powerful country. There is life and there is death, and this is true for everything in the world.

    • @allaboutchinaeverthing
      @allaboutchinaeverthing 4 месяца назад

      @@-Ncrypt Our country's export data this year is very good, mainly electric cars, drones, factory machinery, industrial raw materials, etc. However, the unemployment rate has indeed increased because more industries require fewer and fewer people and machines are becoming more and more advanced. Many advanced factories are run unmanned. In the future, the life pressure of ordinary people will become more and more intense, not only for Chinese people, but also for the whole world. More and more people will be eliminated.

  • @edmundm6388
    @edmundm6388 7 месяцев назад +46

    I think the United States should worry about their trillions dollar debts instead of spreading negative news

    • @USA-AMERICA-iq6qk
      @USA-AMERICA-iq6qk 3 месяца назад +2

      Malaysia and Russia is done

    • @janicewolk6492
      @janicewolk6492 3 месяца назад +3

      That is a very naive thought. Who's going to cause the US a problem? Maybe all of the South Pacific can pay for its own security. Maybe China, the largest US creditor, can find its exports shut off from the US, and no semiconductors. Maybe the rest of the world can take care of itself. We are protected by two oceans and friendly neighbors. Where do you think the debts largely came from? China is in very big trouble, and
      Russia has made a stupid, disastrous mistake in Ukraine. You fail to assess the US situation comparatively. I do agree the US should reduce its debt burden, but your question should be "-What happens to me?"

    • @eyeseer1
      @eyeseer1 2 месяца назад +1

      There are a thousand trillionaires in the United States. Ted Turner pays for this paradigm.

    • @1.4billion65
      @1.4billion65 2 месяца назад

      35 Trillion!
      Not trillions

    • @bolokefe5300
      @bolokefe5300 2 месяца назад

      they dont have too

  • @Brandonsteven1
    @Brandonsteven1 2 месяца назад +68

    Crypto is risky as many would say but I think the actual risk in Crypto is not investing, buying the capitulation isn't a tough call, but it is a very tough call to figure out what to do aside holding. I remember when I just got into crypto back in 2019 but later in 2020 I ended up selling it because I was dumb and I didn't understand it. I studied and learned and now I know how it works. Got back into crypto early in 2023 with 10k and I’m up with 128k in a short period of time

    • @NathanStevens23
      @NathanStevens23 2 месяца назад

      I'm new to cryptocurrency and don't understand how it really works. how Can someone know the right approach to investing and making good profits from cryptocurrency investments?

    • @MikaFuyu-r5d
      @MikaFuyu-r5d 2 месяца назад

      As a beginner what do I need to do? How can I invest, on which platform? If you know any please share.

    • @Brandonsteven1
      @Brandonsteven1 2 месяца назад

      As a beginner investor, it’s essential for you to have a mentor to keep you accountable. Myself, I’m guided by Coach Alex. A widely known crypto consultant

    • @NathanStevens23
      @NathanStevens23 2 месяца назад

      I'm a beginner please how can i reach out Coach Alex

    • @Brandonsteven1
      @Brandonsteven1 2 месяца назад

      @alldailyalexi THAT’S IT

  • @igbatious
    @igbatious 7 месяцев назад +6

    how is it that no one notices the volume levels are all over the place and put corrections in place prior to publishing these videos? is there no editor for cnbc youtube?

  • @iROChakri
    @iROChakri 7 месяцев назад +166

    If I got a dollar everytime the West says China is collapsing, I would be the next Elon lol

    • @davidboi4025
      @davidboi4025 7 месяцев назад

      Its collapsing as a guy with degree in economic data review, the housing market already crasehd in china the population has staggnated and is a massive problem not forseen by china and climate change is the real modern prodlme many over look and is why china has bu8lt many dams to control the floods its in the process of collapsing because it pinned its economy on its people it needs to pin its economy elese where or make more babies

    • @ClydeD1337
      @ClydeD1337 7 месяцев назад +17

      Funny, because no one said it in this video.

    • @KOdi766
      @KOdi766 7 месяцев назад +2

      In billions of years...

    • @jrkr7357
      @jrkr7357 7 месяцев назад +1

      I need 10 cents only....

    • @zimti7390
      @zimti7390 5 месяцев назад

      Scientist's started warning about global warming as far back as the 80's, and now about 40 year's later new temperature record's are being broken almost annually
      Just because the mainland Chinese economy hasn't imploded a week after someone predicted it doesn't mean it won't happen

  • @mentertainment5063
    @mentertainment5063 7 месяцев назад +34

    i feel like you released this video like year ago????? Anyone else noticed?

    • @z9944x
      @z9944x 7 месяцев назад +3

      Left over Pizza taste better the morning after .
      28 sec in the microwave !🙃

    • @JackLe1127
      @JackLe1127 7 месяцев назад +1

      yeah these are compilation type videos. If you pay attention to the start of each section, they tells you when each video was published

    • @jrkr7357
      @jrkr7357 7 месяцев назад +1

      I feel the same too and the same will be reported years and decades later

  • @Bolt6604
    @Bolt6604 7 месяцев назад +146

    Dude if America had a ghost city near me. I would Straight up move there to save money. 😅

    • @KBergs
      @KBergs 7 месяцев назад +23

      America is full of cheap properties, but it requires being retired or having remote work lined up. All the better paying careers are near cities.

    • @haihengh
      @haihengh 7 месяцев назад +38

      It right there, called Detroit. And there are plenty of abandoned properties in the rust belt.

    • @dentatusdentatus1592
      @dentatusdentatus1592 7 месяцев назад +2

      Naw bruh! I ain't living with no ghosts. 👻👻👻

    • @FakeReal007
      @FakeReal007 7 месяцев назад +5

      ​@@haihenghlol Detroit has $1 houses that no one wants.

    • @kaushikvsmaniyan
      @kaushikvsmaniyan 7 месяцев назад +1

      🤣

  • @miamivicefanatic9736
    @miamivicefanatic9736 7 месяцев назад +4

    Evelyn Cheng is a wonderful presenter. Easy to understand, and makes clear and concise points.

  • @tonyd822
    @tonyd822 7 месяцев назад +28

    China will be fine…if we focus 1% of energy on ourselves, we may be able to accomplish much more uplifting our own citizens and improve our social fabric that’s getting worse YoY.

  • @92C201
    @92C201 7 месяцев назад +19

    I remembered 10 years ago there were videos talking about China's looming economic downfall and here we are still talking about it.

    • @Roole-n9g
      @Roole-n9g 6 месяцев назад +5

      I am a Chinese,you guess why I’m here?Because most of us Can’t find a job in 2024. I have to say the video is right in some aspects. I really hope our government can do something to change today’s situation.

    • @moot2046
      @moot2046 5 месяцев назад

      @@Roole-n9g It is NOT because people in China can't find a job, but because there are more job in 3D (dirty, difficult, dangerous) industry than white collar job. EV industry is a good example.

    • @domcizek
      @domcizek 5 месяцев назад

      YES, IT TAKES TIME, BY 2050 CHINA WILL HAVE ONE HALF THE PEOPLE THE USA WILL HAVE DUE TO IMMAGRATION IN THE USA

    • @pangxiao-cy3hz
      @pangxiao-cy3hz 5 месяцев назад

      @@Roole-n9g you have time to complain,but not time to find a job,are you a clown?

    • @fuethao8633
      @fuethao8633 4 месяца назад +2

      @@Roole-n9g thats a problem many countries are having. Many are graduating with degrees they can't use because the market is oversaturated. Thousands have been laid off from tech companies alone here in the US.

  • @azminivanracer
    @azminivanracer 7 месяцев назад

    Around 10:02…what was that flashing into the video? Subliminal messaging?

    • @importedriceco
      @importedriceco 6 месяцев назад

      it's an old trick used in every china related reporting in western media... find some blurry random clips from 10 years ago to create bad vibes... you dont see them using this kind of B rolls when reporting on other countries

  • @demit007
    @demit007 7 месяцев назад +22

    France, the UK, Germany, Japan, Korea, and the USA are also experiencing population decline, but their economies are doing so well that they remain part of the world's strongest economies. The main part is because they are supported by products that produce high added value.
    I believe that China's economy will also be helped by various products that have high added value. This includes airplanes, semiconductors, robotics, electric cars, superfast trains, medicines, etc.
    Furthermore, even though China's population is declining, it does not mean that the total number of young people in China for the next 20 years will not be able to provide sufficient workers needed by various industries there. And also, they will keep spending/consuming. In any country, around 50% of GDP comes from consumption.

    • @pbworld7858
      @pbworld7858 7 месяцев назад +5

      Germany doing well? What panet are you living on? Don't get me started on the UK

    • @demit007
      @demit007 7 месяцев назад +2

      @@pbworld7858These Are the Largest Economies in the World by GDP
      1. United States $26.9 trillion
      2. China $17.7 trillion
      3. Japan $4.2 trillion
      4. Germany $4.1 trillion
      5. India $3.7 trillion
      6. United Kingdom $3.3 trillion
      7. France $3 trillion
      8. Italy $2.2 trillion

    • @pbworld7858
      @pbworld7858 7 месяцев назад +1

      @@demit007 The important thing is the direction these countries are going. Germany's economy may still be one of the top ones in the world, but it has suffered a lot since it left USA bomb the Nordstream gas pipeline. And the UK has a lot of social and poverty problems despite the elite being rich.

    • @demit007
      @demit007 7 месяцев назад

      @@pbworld7858 You are right. We should wait for longer-term data to come to a firm conclusion. For now, those countries are the biggest economic powers in the world.
      Moreover, since in the near future they will continue to produce higher value-added products than the average manufacturing industry, it will guarantee their place in the elite of the GDP rankings for the next 2-3 decades.
      After all, no country/civilization is bankrupt/ collapse/ disappear except due to climate change and losing wars. At this point, it is very natural for Russia's GDP to fall quite deeply, and the condition could be very dangerous for the economy if Russia loses the war against Ukraine and its proxy war supporters.

    • @davidsasley5344
      @davidsasley5344 7 месяцев назад

      😅​@@demit007

  • @badrinath110
    @badrinath110 7 месяцев назад +12

    Any similar analysis on India ?

    • @joeblack888
      @joeblack888 7 месяцев назад +5

      No need because India is ally of the US.

    • @hello855
      @hello855 7 месяцев назад

      A growing economy with a large young workforce. It will be able to better retain its talents if it supports innovation and high-paying job creations.

    • @Powerful3258
      @Powerful3258 2 месяца назад

      Hopeless no future third world Forever.

  • @joedav02
    @joedav02 7 месяцев назад +1

    Where is Chiner at?

  • @weinowei143
    @weinowei143 7 месяцев назад +88

    16-24? ain't most of them in school? Chinese parents push hardcore schooling...

    • @leanlifer
      @leanlifer 7 месяцев назад +4

      about half of the teens go to college
      about 30% of them go to trade schools for 2-3 years after K-12 education and 20% of them go straight into work force
      5/6/2024 edited: should be after K-9 education, not K-12. After middle school at age 15-16, there is a city-level high school entrance exam. If you have a high enough score and want to go to college, you go to high school. Otherwise you go do trade school(which could lead to college, but not usually) or go straight into workforce.
      Not all teens go to college.

    • @systemchris
      @systemchris 7 месяцев назад +1

      ​@@leanliferand unless they meet grade requirements, high school isn't free so they need to leave school at 16

    • @goodsnacks3470
      @goodsnacks3470 7 месяцев назад +4

      I had the same thought, but unemployment rates tend to exclude full time students. I am not 100% if this one does but they usually do. So its a 20% unemployment for those *looking for jobs*

    • @johnmarston6246
      @johnmarston6246 7 месяцев назад +1

      This is a really funny figure… I think most likely the figure should be above 30% ….
      Funny CNBC….

    • @iceman850none5
      @iceman850none5 7 месяцев назад

      There’s a reason why Chinese make a significant percentage of the people crossing in Mexico

  • @leungtoon6013
    @leungtoon6013 7 месяцев назад +8

    If chine is collapsing why America 🇺🇸 so much worry about?

    • @patrickt49
      @patrickt49 3 месяца назад

      Most Americans aren't. Don't worry.

  • @wmc9722
    @wmc9722 7 месяцев назад

    WTF!
    At 3:38 how could the narrator NOT SAY "to a MINUS 8.4"??

  • @fastfiddler1625
    @fastfiddler1625 7 месяцев назад +8

    In the city builder genre of video games, this is called a death spiral.

  • @robmyers8948
    @robmyers8948 7 месяцев назад +15

    It’s a bit confusing, first part says there’s 20% unemployment for new grads, the second part says there’s not enough young workers? Or are they just over qualified?

    • @scarletmoon777
      @scarletmoon777 7 месяцев назад +5

      Basically there is a mismatch in the jobs market, there is record demand for young physically able workers who can keep up with the factory jobs but a much bigger percentage of young people are now collage grads who don't want to work those jobs.

    • @nomobobby
      @nomobobby 7 месяцев назад

      Much like there are a million jobs open in the US right now, but they're all low pay teaching and trucking jobs nobody freaking wants. Because hours are long, work is hard and people want better for themselves if they can afford to hold out, they will.

    • @robmyers8948
      @robmyers8948 7 месяцев назад

      @@nomobobby yes, and it’s a big mistake to take up a lower job, it’s likely you will not get out of that to something much better

  • @allenz2922
    @allenz2922 7 месяцев назад

    Did you run out of titles or just reuse again and agian ?

  • @GangaGowri-mq9gc
    @GangaGowri-mq9gc 7 месяцев назад +783

    I've been making a lot of losses trying to make a profitable trade. I thought trading on a demo account is just like trading the real market. Can anyone help me out or at least advice me on what to do?.

    • @Stanly962
      @Stanly962 7 месяцев назад +4

      I will advice you stop trading on your own if you keep losing, if you can, then get a professional to trade for you, I think that way your assets are more secured.

    • @Davidconnor-lk1km
      @Davidconnor-lk1km 7 месяцев назад +1

      Thank you Lord Jesus for the gift of life and blessings to me and my family $14, 120.47 weekly profit Our lord Jesus have lifted up my Life!!! A. V

    • @ChandrakantPawar-sq6lw
      @ChandrakantPawar-sq6lw 7 месяцев назад

      I'm favoured financially, Thank you Jesus $32,000 weekly profit regardless of how bad it gets on the economy.

    • @Islandboyrah-ss6vb
      @Islandboyrah-ss6vb 7 месяцев назад

      I'm 37 and have been looking for a way to be successful, please how do i archive that?

    • @tugahonder
      @tugahonder 7 месяцев назад

      Sounds familiar, I have heard her name in several occasions both her success stories in the wall street journal.

  • @jeffw4972
    @jeffw4972 7 месяцев назад +21

    Why are we worried about the collapse of China's economy. Should we worry more about our $35T debt crisis, homelessness, aging infrastructures, out-of-control crimes, extreme climate changes, border crisis, unaffordability of healthcare and housing, social security insolvency, student debt crisis, gun violence, and many more?

    • @nathanielsmith2341
      @nathanielsmith2341 6 месяцев назад

      So in essence we need to be MOST worried about the bigger crisis of the return of LORD KING CHRIST!

    • @domcizek
      @domcizek 5 месяцев назад

      BECAUSE EVERYTHING YOU BUY IS MADE IN CHINA, MOST DRUGS COME FROM CHINA, INFLATION IN THE USA WILL INCREASE IF WE HAVE TO BUILD IT HERE,

    • @CROSSMYHEARTREFUSETOLIE
      @CROSSMYHEARTREFUSETOLIE 2 месяца назад +1

      You did not mention the worst of them - woke mob.

    • @theintrovertedaspie9095
      @theintrovertedaspie9095 3 дня назад

      ​@@CROSSMYHEARTREFUSETOLIEWhat's that?

  • @bunthoeunhas549
    @bunthoeunhas549 6 месяцев назад +1

    Watching from Melbourne, Australia and unemployed

  • @larrye.goinesjr.1535
    @larrye.goinesjr.1535 7 месяцев назад +122

    Have Another Kid And It Will Be Replaced By A Robot, Don't Forget I Told You So?!?

    • @bupehara64
      @bupehara64 7 месяцев назад +4

      i've been thinking the same thing as-well, from my perspective depopulation might be the best course to prevent large wide spread unemployement and poverty in the future. thanks to AI and Robotics the future can actually operate with a smaller population to also take care of the aging population in terms of labour and production. From my understanding increasing a countries population is going to have a negative effect later in the future when these technologies become the norm across industries

    • @YayaYoyo-py9gh
      @YayaYoyo-py9gh 7 месяцев назад +1

      Both of you are right

  • @romeo-Off-ical
    @romeo-Off-ical 7 месяцев назад +18

    *People don't understand that the prices of things are never going back down. This inflation is deeper than we think. Those buying groceries are well aware that the real inflation is much over 10%. The increments don't match our income, yet certain investors still earn over $365,000 in stocks and assets. Wish I could accomplish that*

    • @RafaelAmado-rl1fx
      @RafaelAmado-rl1fx 7 месяцев назад

      Very possible! especially at this moment. Profits can be made in many different ways, but such intricate transactions should only be handled by seasoned market professionals.

    • @EmreKarakaya-ho9us
      @EmreKarakaya-ho9us 7 месяцев назад

      Having an investment advisor is the best way to go about the stock market right now. I was going solo, but it wasn't working. I've been in touch with an advisor for a while now, and just last year, I made over 80% capital growth minus dividends.

    • @AdriaanSaen
      @AdriaanSaen 7 месяцев назад

      Finding yourself a good broker is as same as finding a good wife, which you go less stress, you get just enough with so much little effort at things

    • @NintoNadi
      @NintoNadi 7 месяцев назад

      I'm surprised that you just mentioned and recommend Mr David Mark. I met him at a conference in 2018 and we have been working together ever since.

    • @FlavioHenrique-pp2vd
      @FlavioHenrique-pp2vd 7 месяцев назад

      Sounds interesting. I was planning to invest some few £ in some coins, stack them up and leave them for a few years, but seeing this changed my mindset. Thank you very much

  • @asoganmoodaly8743
    @asoganmoodaly8743 7 месяцев назад +19

    lol “61 percent of people ages 15 to 24 are unemployed, according to Statistics South Africa, a government agency.”. 21% unemployment from 16-24 in China? South Africa would LOVE to have that stat.

    • @lowfatlatte0
      @lowfatlatte0 7 месяцев назад

      ok so china wont collapse as hard as south africa, that isn't saying much my guy XD.

    • @unconventionalideas5683
      @unconventionalideas5683 7 месяцев назад +2

      Keep in mind that Chinese numbers are beautified. If you work one hour a week, you are not counted.

    • @BOT-ye6tj
      @BOT-ye6tj 7 месяцев назад

      @@unconventionalideas5683 Dude, Chinese people of this age are in school

  • @jasonluojason2131
    @jasonluojason2131 7 месяцев назад +13

    This year, China's economy is expanding by 5 percent, solidifying its position as the world's second-largest economy. Notably, it's undergoing a significant transition from traditional manufacturing to a focus on high-quality growth. Moreover, factories are increasingly adopting automation technologies, marking a pivotal shift in production methods.

    • @kennethvenezia4400
      @kennethvenezia4400 7 месяцев назад +1

      Yes, that's happening in a parallel universe as we speak

  • @perritsang
    @perritsang 7 месяцев назад +2

    On one hand you have high unemployment for the young people. Then you say that population is declining creating a shortage of labor. How can these two can be true at the same time?

    • @yopyop3241
      @yopyop3241 7 месяцев назад +2

      Different labor markets. Retiring low skilled, poorly educated manual laborer Boomers. Highly educated, high-skilled job seeking young graduates.

    • @Seisoks
      @Seisoks 6 месяцев назад

      ​@@yopyop3241I would like to know how many as in actual numbers of 21%.
      And I still do not understand why it's scary in economics terms.

  • @VincentConti-m5j
    @VincentConti-m5j 7 месяцев назад +5

    I have lived through three real estate booms and busts!!!
    This one in china is the granddaddy of them all!

    • @1.4billion65
      @1.4billion65 2 месяца назад

      Tell me more about our real estate.

  • @godzillamothra5983
    @godzillamothra5983 7 месяцев назад +5

    So China has demographic decline problem AND youth unemployment problem, sound like these two problems will cancel each other out in the future. As for property problem, unless people don't need home anymore, it will come back, and it will come back healthier without property speculation/gambling problem. As for developers who can't pay their offshore debts, so sad.

  • @NoohCee
    @NoohCee 4 месяца назад +8

    CNBC has the best comedy.

  • @lumpi806
    @lumpi806 7 месяцев назад +2

    And we all know that America is a great country. And the American dream is stronger than ever : no poverty , no drugs, no violence in USA.

    • @kchankchan
      @kchankchan 6 месяцев назад +1

      not poverty - yanks love the great outdoors
      not drugs - very strong pain killers
      not violence - just showing their support for the 2nd amendment
      🤣😂

  • @Neruomir
    @Neruomir 7 месяцев назад +7

    Another problem is the rampant corruption among both contractors and local government officials. There are massive shortcuts being taken during construction to enable funds to be skimmed off the top resulting in what is called tofu dreg construction where buildings collapse under their own weight or are rendered unlivable due to cheap inferior materials being used. So even if you do receive the apartment you paid for odds are its substandard and potentially a deadly debt trap.

    • @dailyrant4068
      @dailyrant4068 7 месяцев назад

      Keep spreading misinformation? If your claim is remotely true, we should be seeing entire cities collapsing since they have been over-building for over a decade now.
      I mean a lot of this crap you really have to pull out of your rear end to make sense of it.
      It's like racist always saying black people are lazy by nature. No they're not, their DNA is the same as ours.

  • @mygillian
    @mygillian 7 месяцев назад +7

    high unemployment rate in China is probably the reason why there are so many Chinese workers now in the Philippines, especially in online gaming sector.

  • @sandydeleon7605
    @sandydeleon7605 7 месяцев назад

    @10:35 they just stated that they dont need much people anymore different power blocks @ war with each other (western, russia & china) but follows the same WEF playbook.

  • @ChloeCarter-kd7gz
    @ChloeCarter-kd7gz 7 месяцев назад +18

    The cost of living seems to be increasing every year, making it harder to keep up.

    • @MelissaHobbs-qm8wi
      @MelissaHobbs-qm8wi 7 месяцев назад +4

      Indeed, it's becoming quite challenging to manage expenses.

    • @HRMColoniallifeinsurance
      @HRMColoniallifeinsurance 7 месяцев назад +3

      @@MelissaHobbs-qm8wi I've actually managed to stay ahead of the curve. I'm even contemplating early retirement.

    • @HRMColoniallifeinsurance
      @HRMColoniallifeinsurance 7 месяцев назад +3

      @OliverLiam-px3vx Our family got introduced to a financial consultant”RPC WEALTH. LLC” about four years before my dad retired. That was what changed things, and I think my retirement income will be on the right track, luxury cars and trips

    • @AshleyKeith-vw7ws
      @AshleyKeith-vw7ws 7 месяцев назад +2

      @@HRMColoniallifeinsurance Wow, that's impressive! I've heard of them I'm excited to hear about their success stories. I've actually had my mortgage paid off by following their guidelines calls.

    • @ChloeCarter-kd7gz
      @ChloeCarter-kd7gz 7 месяцев назад +2

      @@AshleyKeith-vw7ws That's interesting. How did you connect with the company ?

  • @IlhamAmanahRangga
    @IlhamAmanahRangga 7 месяцев назад +8

    when will the government realize it's not that young people don't want to buy house, they simply don't have the money. housing bubble need to end

    • @brunoheggli2888
      @brunoheggli2888 7 месяцев назад

      The crazy obsession with houses has to stop!

  • @atanacioluna292
    @atanacioluna292 5 месяцев назад

    Great report, love the clarity and openness of the presentation. I just returemed from 5 weeks in China. This puts my observations in good perspective.

  • @xgguo3531
    @xgguo3531 7 месяцев назад +10

    Why this report used 2023 data of unemployment? The Q1 2024 data is available.

    • @rwspop
      @rwspop 7 месяцев назад

      The new one is different from the old one. You cannot compare the two.

    • @曾华琳
      @曾华琳 7 месяцев назад +2

      因为今年降低了。。。

  • @dehaodeng1755
    @dehaodeng1755 7 месяцев назад +19

    Anyone amazed at how the old man was doing gymastic at the public park? he must have been in his 70s.

  • @charleschan1388
    @charleschan1388 7 месяцев назад

    How do they here?

  • @ericmasalu688
    @ericmasalu688 7 месяцев назад +27

    China always produce lyrics for Western mainstream media and politicians, keep singing!!!😂😂

    • @yuxiangluo8614
      @yuxiangluo8614 7 месяцев назад +2

      1990. The Economist. China's economy has come to a halt.
      1996. The Economist. China's economy will face a hard landing
      1998. The Economist: China's economy entering a dangerous period of sluggish growth.
      1999. Bank of Canada: Likelihood of a hard landing for the Chinese economy.
      2000. Chicago Tribune: China currency move nails hardlanding risk coffin.
      2001. Wilbanks, Smith & Thomas: A hard landing in China.
      2002. Westchester University: China Anxiously Seeks a Soft Economic Landing
      2003. KWR International: How to find a soft landing if China.
      2004. The Economist: The Great Fall of China?
      2005. Nouriel Roubini: The Risk of a Hard Landing in China
      2006. International Economy: Can China Achieve a SoftLanding?
      2007. TIME: Is China's Economy Overheating? Can China avoid a hard landing?
      2008. Forbes: Hard Landing In China?
      2009. Fortune: China's hard landing. China must find a way to recover.
      2010. Nouriel Roubini: Hard landing coming in China.
      2011. Business Insider: A Chinese Hard Landing May Be Closer Than You Think
      2012. American Interest:2008. Forbes: Hard Landing In China?
      2012. American Interest: Dismal Economic News from China: A Hard Landing
      2013. Zero Hedge: A Hard Landing In China
      2014. CNBC: A hard landing in China.
      2015. Forbes: Congratulations, You Got Yourself A Chinese Hard Landing.
      2016. The Economist: Hard landing looms for China
      2017. National Interest: Is China's Economy Going ToCrash?
      2020. Economics Explained: The Scary Solution to the Chinese Debt Crisis
      2021. Global Economics: Has China's Downfall Started?
      2022. Cathie Wood: China's COLLAPSE Is FAR Worse Than You Think
      2022. Business Basics: China's Economic Crisis, GDP is Crashing, Protests Everywhere

    • @HermanWillems
      @HermanWillems 7 месяцев назад +2

      @@yuxiangluo8614 First decline in 60 years. That's huge ok.

    • @dennisestradda9746
      @dennisestradda9746 7 месяцев назад

      Chyna bot to Xitler rescue

    • @hejohn9227
      @hejohn9227 7 месяцев назад

      @@HermanWillemsmy decline is still better than your incline, keep coping

    • @HermanWillems
      @HermanWillems 7 месяцев назад +1

      @@hejohn9227 why u so salty. Ur hurt? Im doing great ok. No need to attack me. Personal attack = weakness. Ur weak dude

  • @xuchen4012
    @xuchen4012 7 месяцев назад +13

    I leave two numbers here. Then you know how comes the high youth umployment.
    In 2017, the number of college graduate is 7.35 million.
    In 2023, the number is 11.58 million.
    60% more in just 6 years. Now you understand?

    • @timmaytwister
      @timmaytwister 7 месяцев назад +1

      Yeah but gdp increase from 2017 to 2023 is close to 60 percent as well. You would think the businesses should be able to take in the educated youth

    • @levelazn
      @levelazn 7 месяцев назад

      ​@@timmaytwister thats why chinese GDP is growing at 5.2 percent instead of 2.5 percent liket the u.s

    • @stevenconnell4222
      @stevenconnell4222 2 месяца назад

      The thing with GDP is that it only factors productivity irrelevant if a product is sold or not. Also the CCPs' huge state subsides inflate the GDP figure even more.

  • @herbertyoung540
    @herbertyoung540 5 месяцев назад

    Thank you for your extremely valuable insight and wisdom in these days of chaos and confusion ...

  • @jerrybasaya5377
    @jerrybasaya5377 7 месяцев назад +13

    The Chinese be sitting somewhere laughing at this report 😂😂😂.

    • @chrislui571
      @chrislui571 6 месяцев назад

      I am one of them 😂

    • @taylordonald
      @taylordonald 6 месяцев назад

      I Live in China40years, that true for this report!

    • @USA-AMERICA-iq6qk
      @USA-AMERICA-iq6qk 3 месяца назад

      @@chrislui571 China will be selling her garbage to Russia only. Two terrorist states. Europe and USA will no longer buy Chinese garbage

    • @gingee-f3v
      @gingee-f3v Месяц назад

      On the contrary, I am keeling in front of emperor and crying at this report.😢

  • @r4ultra
    @r4ultra 7 месяцев назад +9

    Ah yes, the ad I got going into this video is sponsored by AIPAC.

  • @Suparaf
    @Suparaf 7 месяцев назад

    at 6.10 and then at 7.30 they play the same clip from the same analyst, with slightly different b roll in the background.
    very strange editing choice.

  • @luting3
    @luting3 7 месяцев назад +14

    China has been in crisis always for last few centuries. When I was kid, youth unemployment was close to 90%. Youth often need wait for their parents retirement to take their parent role as substitution.

    • @nicholasl5247
      @nicholasl5247 7 месяцев назад +1

      When i saw they most interviewed west-based Female Asian descendants about insights of China economy , i am just laughing .

    • @tequilapopp9999
      @tequilapopp9999 7 месяцев назад

      America has been wishing for China's collapse since 2001, unfortunately that wish finally came true but instead of China its in America... out of control inflation, crime/looting, mass shooting, homelessness, druggies/zombie cities, border/illegal migrants, etc... I guess the old saying s true.. be careful what you wish for

    • @dailyrant4068
      @dailyrant4068 7 месяцев назад

      @@nicholasl5247 Because there's this dumb logical fallacy that everyone falls for. You see this in youtube comments too. "I'm from Turkey so I know if we lean towards Russia or NATO". No you don't, you only represent yourself. Being from Turkey HELPS, but it's not an exclusive indicator.
      The same thing in this video. Being Asian descent doesn't make you any more credible. You can be 100% white and still know more about China than a Chinese kid in Missouri.

  • @SDZ675
    @SDZ675 7 месяцев назад +3

    They're simultaneously having too few kids and not having enough jobs for youths that just enter the job market. yikes.

    • @eyeseer1
      @eyeseer1 2 месяца назад

      AI, cryptocurrency and job apathy after recession and pandemic dissolution have made the prospect of careerism a triviality for low wages.

  • @brooklynka
    @brooklynka 7 месяцев назад

    Do Ppl know that they count trainschool/college fulltime students without work as unemployed, which does not happen to many countries....

  • @Charigun
    @Charigun 6 месяцев назад +8

    Wait, age 16-24 unemployment rate is 21%, you dont graduate school in China until 18 for high school, 22 for college, 25 for post grad... I dont understand the stat. How hard are school-aged kids really looking for jobs in an education-focused country 😅

    • @wantrevize
      @wantrevize 6 месяцев назад

      Come on, are you saying Americans have a monopoly on stupid? 😂😂😂 Every country have drop outs.

  • @nightlightabcd
    @nightlightabcd 7 месяцев назад +3

    China may or may not be in crises, but the US certainly is, like never before!

    • @borghorsa1902
      @borghorsa1902 3 месяца назад

      Russian and China with Vinnie Pooh is.

  • @Njamramaxwrykcn
    @Njamramaxwrykcn 5 месяцев назад

    Thanks

  • @heavenbright2342
    @heavenbright2342 7 месяцев назад +13

    Things must be bitter and hard in the US for them to post this propaganda.

    • @HermanWillems
      @HermanWillems 7 месяцев назад

      Why can't you accept the fact that things go not so well in China. And the west is doing ok ? Why can't you accept it and handle it. You probably didn't visit china last while right? :)

  • @mikely7354
    @mikely7354 7 месяцев назад +8

    If any government capable of solving any problem it will be the Chinese government, not politicians from the West who sit comfortably in the pockets of the corporations.

    • @yopyop3241
      @yopyop3241 7 месяцев назад +2

      Innovative solutions will come from the efforts of the non-corrupt private sector. Unfortunately for the Chinese, there is very little non-corrupt private sector under Xi Jinping’s rule.

    • @domcizek
      @domcizek 5 месяцев назад

      HAVING BABIES NOT ENOUGH FOR THE FUTURE ECONOMY, GOV CAN NOT DO ANYTHING ABOUT IT

  • @VL-inquisitor
    @VL-inquisitor 7 месяцев назад +11

    The more you hear about the China Collapse conspiracy, the more you should worry about the economies of the West.

  • @wiseserpent9
    @wiseserpent9 7 месяцев назад +13

    CNBC, why not focus on what's taking place in the United States?

    • @dfdf-rj8jr
      @dfdf-rj8jr 7 месяцев назад +4

      they make 10 videos a week about "whats taking place in the United States." Why are Chinese so sensitive to Western criticism?

    • @wiseserpent9
      @wiseserpent9 7 месяцев назад

      @dfdf-rj8jr I don't know, you would have to ask someone who is Chinese.

    • @1.4billion65
      @1.4billion65 2 месяца назад

      Because the US almost reach it's end, you can talk whatever on the TV, nothing will be solved.

    • @gingee-f3v
      @gingee-f3v Месяц назад

      Don’t worry, Chinese propaganda focus on what ‘s taking place in the US

  • @westhypocrisy
    @westhypocrisy 4 месяца назад +1

    Per John Ross "Apparently, according to Bloomberg’s analysis, China’s annual average of 4.5 per cent a year growth in the last four years is an economy in severe crisis, whereas the US’s 1.8 per cent is allegedly strong growth - not to speak of Britain’s 0.1 per cent. Similar rhetoric, out of all contact with factual reality, pervades the Financial Times, The Economist, or the Wall Street Journal."

  • @mariowaring6510
    @mariowaring6510 7 месяцев назад +11

    Doubt its just China, almost everyone is struggling

    • @gingee-f3v
      @gingee-f3v Месяц назад

      Citizens of democracy society have right to struggle for themselves future,but we can’t,we are just living like a sheep herd

  • @aburetik4866
    @aburetik4866 7 месяцев назад +5

    China is doing far better than the USA, which is on the brink of national debt default, several bank collapses in a row, massive layoffs in tech industry, nation-wide worker strikes, global de-dollarizaton, skyrocketing inflation even after so many interest rate hikes like there's no tomorrow

    • @240TechGuy
      @240TechGuy 7 месяцев назад

      The thing is, if you look at last 40 years, the pace and issues they're facing is at a very accelerated rate. Even last 20 years, China's highs and lows in the mfr'ing % are reached where U.S. took closer to 50 years.

  • @MARlOKART
    @MARlOKART 7 месяцев назад +2

    Thank you State Department!

  • @htaukkyanmyo4437
    @htaukkyanmyo4437 7 месяцев назад +10

    Wow: 1.2 million viewers in 2 weeks? Why? Clickbait - "China is collapsing". I thought ... there was OVER-Capacity!!

  • @whiteheartcard
    @whiteheartcard 5 месяцев назад

    3:47 thats 8.3 to negative 8.4

  • @chestnutridge4187
    @chestnutridge4187 7 месяцев назад +10

    looming crisis? I thought China has been in crisis mode for more than 2-0 years since Gordon published his famous book.

    • @hzg-cj6up
      @hzg-cj6up 7 месяцев назад

      Gordon Chang is a spy sent by China. All the Chinese know it

  • @royalmontpark
    @royalmontpark 7 месяцев назад +4

    I went to ChongQing and ChenDu in March, I had a blast!!! such beautiful cities , very clean. I think people are generally happier in China than people in the west

    • @payalpatel8475
      @payalpatel8475 6 месяцев назад

      Being oblivious due to lack of internet and information always makes people happier. Ignorance is bliss afterall

    • @domcizek
      @domcizek 5 месяцев назад

      HAHA, ALL STRETS HAVE CAMERAS THAT WATCH EVERYONE,

    • @sanzhang-tx1zm
      @sanzhang-tx1zm 5 месяцев назад

      @@payalpatel8475 你错了,真正无知的是你们这群快乐教育诞生下来的产物,政府想要愚钝他们的人民,那么就让他们介绍幼儿园的知识储备,让他们整天玩乐,吸大麻,而不是想着怎么学习,我们中国人对于世界的了解比你们多

  • @willqin4628
    @willqin4628 7 месяцев назад

    Nice job CNBC to provider job to social commentator in China.
    You have provided tremendous, tremendous, tremendous support to the Chinese Job Market.

  • @erch4882
    @erch4882 7 месяцев назад +8

    I’m stressed watching this

    • @FakeReal007
      @FakeReal007 7 месяцев назад +7

      There is a video/article like this every year from the US. Google, "end/collapse of China" articles dates 2023 2022 2021 2020 2019 2018... Lol 😂

    • @nokotshehla2616
      @nokotshehla2616 7 месяцев назад

      Take a break from the news

    • @YayaYoyo-py9gh
      @YayaYoyo-py9gh 7 месяцев назад

      Wtf why?

  • @CaidicusProductions
    @CaidicusProductions 7 месяцев назад +4

    If you go by western media and news, China has been in crisis since 1970. If you actually LIVE in China, it's quite nice here.
    Source: I actually live in China.

    • @patrickt49
      @patrickt49 Месяц назад

      That's not what my friends from China say. And they never want to go back.

  • @verapamisanbohocoled
    @verapamisanbohocoled 7 месяцев назад +1

    Как же быстро ты окупаешь, просто нереально! Тащи бро!

  • @jimkuan8493
    @jimkuan8493 7 месяцев назад +10

    4 hours ago posted video reporting on 2023 China.

    • @robertlz
      @robertlz 7 месяцев назад +1

      more like 2012-2022

  • @innocentmushi3036
    @innocentmushi3036 7 месяцев назад +8

    According to western economic experts China has been in crisis since 1990's. Infact China has already fall and disintegrate. lol

  • @abrahamirl21
    @abrahamirl21 Месяц назад

    25:00 music starts going crazy! W background music 🎶

  • @yanlord
    @yanlord 7 месяцев назад +6

    2016: China's economy is in bad shape
    2018: China will collapse in 2 years
    2020:China's Is About To Collapse
    2021: why China's market will collapse
    2022: China's will collapse in 25 days
    2023: Why China's Collapse is Imminent
    2024: China‘s looming crisis
    when their timer count to zero after the
    predictions, they just reset the timer and do it all over again, easy money!😂

  • @Yumbhu567
    @Yumbhu567 7 месяцев назад +8

    No USA in big crisis

    • @angelaweber5879
      @angelaweber5879 7 месяцев назад

      Since when are these two crisis mutually exclusive?

    • @TheWorld4all
      @TheWorld4all 7 месяцев назад

      Nah.... j ust China and CCP is lying to control

    • @HermanWillems
      @HermanWillems 7 месяцев назад

      Nah it's actually going pretty good in USA.

    • @jacksmith-mu3ee
      @jacksmith-mu3ee 7 месяцев назад +1

      ​@@HermanWillemsSource : bloomberg
      China is the top contributor to global growth over the next five years, with its share bigger than all Group of Seven countries combined, according to Bloomberg calculations using International Monetary Fund forecasts.
      China accounts for about 21% of the world’s new economic activity from this year through 2029.

  • @petejones6264
    @petejones6264 7 месяцев назад +1

    If they say the population decreased but 850k, assume its much greater. If they say this is the first year of it, assume it’s been happening for 5+.

  • @Jackson-l3r
    @Jackson-l3r 7 месяцев назад +3

    The US motto: "We can be wasteful because we can print more money."

    • @eyeseer1
      @eyeseer1 2 месяца назад

      Federal Reserve: “We borrow from ourselves with money we don’t have and send the bill to proletariats.”

  • @tle7427
    @tle7427 7 месяцев назад +5

    Chinese looming crisis vs Americas actual crisis.

    • @felisasininus1784
      @felisasininus1784 7 месяцев назад

      Wtf are u on about?
      The Chinese are slowing down with their 5%+ quarterly gdp growth in Q1 2024, whereas America is on fire at a blistering 1.6%.

  • @talarcon99
    @talarcon99 7 месяцев назад +1

    It's interesting news, but the video seems to be long because it repeats segments.

  • @extremeencounter7458
    @extremeencounter7458 7 месяцев назад +4

    People be like “iT’s AmEriCan ProPaGanDa”

  • @AA-no6me
    @AA-no6me 7 месяцев назад +6

    quoting news from 6months ago, old data

  • @MrMountain707
    @MrMountain707 7 месяцев назад +2

    "They chose to have sons"😂 thats a nice way too put it.

  • @ashokathegreat4534
    @ashokathegreat4534 7 месяцев назад +12

    Im from North India and love China 🇮🇳🇨🇳

  • @bulkmailbullseye70
    @bulkmailbullseye70 2 месяца назад

    those unfinished ghost cities, buyers are often required to make mortgage payments during construction phase as well, with potential losses well above the down payment

  • @monacolita9999
    @monacolita9999 7 месяцев назад +2

    Mind your own business, okay? Don't worry about China all day long and ignore the mess in your own country.

  • @ThE420DbOY
    @ThE420DbOY 7 месяцев назад +5

    Thanks Obama!! 😂

    • @gmv0553
      @gmv0553 7 месяцев назад

      Thank God for Obama!

  • @paulrosa6173
    @paulrosa6173 6 месяцев назад

    At 19:00 the economist dismissing India's rise is probably wrong about "that expectation". It only took China about 30 years to develop almost beyond recognition.

  • @theYoutubeHandle
    @theYoutubeHandle 7 месяцев назад +6

    why would 16 year olds be employed? lol it should count starting 22 or 23.

    • @mohamedfahad2364
      @mohamedfahad2364 7 месяцев назад

      Not everybody goes to college

    • @Funktastico
      @Funktastico 7 месяцев назад

      if you're not studying and working ... what are you doing

    • @ro0ster648
      @ro0ster648 7 месяцев назад

      ​@@Funktasticolying flat or being full time children

  • @Har-r6s
    @Har-r6s 7 месяцев назад +6

    I worried about US crisis more than China

    • @dorahan8347
      @dorahan8347 7 месяцев назад +1

      You are smarter than most of the US politicians.

  • @jampasurprenant1794
    @jampasurprenant1794 7 месяцев назад

    Thank you CNBC for an excellent report on the China economy.

  • @dracorpgroup
    @dracorpgroup 7 месяцев назад +2

    Never mind researching a collapse, consider this: 1-the people who built the China we see today are now in the post-sixties age bracket, 2-this group of people will die over the next twenty years to thirty years, 3-the young people today do not want to do what their parents did, that is work hard and that generation created a miracle, really, 4-young people are not having kids at all, either they do not want or cannot afford to have kids, 5-the population overall will lose one-third of what they have today and that they will have by 2060.
    No one knows how the Chinese leadership will deal with this. No one can deny the miracle of the past forty years in China. It is an amazing achievement, really. The coming decline in population will be a huge problem for China and for the rest of the world. There is no way around this demographic reality.

    • @chenliang8373
      @chenliang8373 4 месяца назад

      There's an old saying in China, I believe similar one in English is there too, that a family wealth does not last for three generations.
      To compare with the reality you could consider that the first generation that helps the US tookoff in the first place in in the early1900s to WW2. The second generation that lives upon it is in the 80-90s golden age of the US. Now it's already the third generation for the US who doesn't have the same effort, attitude, persistence, or other first and second generation traits that the current Chinese has. China is now only in its second hardworking generation.
      The US nowadays is just like a trust fund baby that eats up his predecessors.

  • @ashutoshshahi9321
    @ashutoshshahi9321 6 месяцев назад

    2:10 why is she spitting on the mic so frustrating.

  • @RUHappyATM
    @RUHappyATM 5 месяцев назад

    Over-production of low-margin products.
    What could go wrong?

  • @i_am_elle_gee6917
    @i_am_elle_gee6917 7 месяцев назад +1

    What a cruelly stupid world! Why expect the youth to work when they're supposed to be in school to acquire higher education and skills to become employable?