i may have to you demoted Corporal... Ukraine leaders in China ,..begging China to save them , Russia say's no trust , only action ... we now have a unity government i Palestine back by China ...
As USA buys less from China, China is encouraged to sell more to other countries like Russia. Their economy depends on exporting manufactured goods. Trump placed huge sanctions on made in China, and Biden continued them: the US exonomy is 25% of the world's economy. China is forced to sell elsewhere or see its own economy collapse.
sounds like Russia does not trust you minisk ..on tape , used to buy time [ Merkel and head frog] ... sooo .... you must make a choice ..comply ... or i get my way with you ..finish sending you stone ages . and 18 million moved west ..... your call ... lay down your arms
@@MrObvious-tg8lz trouble is ... your dumb leaders declared war on Russia and China before doing calculation [ brain dead ] ... ...it takes years to build domestic supply chains
@@MrObvious-tg8lz worse .. 75 5 all shipping cut in red sea and whole area ... Suez cut 40 % [ not a shot fired] .. Panama cut 40 % .. prime on list [ 75 % all American shipping ]
Er no, 1.4 billion people, 20 trn dollar economy, the PRC is the global leader in manufacturing. They have a truly massive capacity to produce drones, electronics, components, and ammunition for the Russians, funnel them through North Korea to avoid sanctions etc.
@@Jimmy-ye3wg India is taking the Manufacturing... the USA is sick of Chinese lies and wolf warriors. China needs the USA more the USA needs cheap Chinese goods and stolen IP. (the 20 Trillion economy is a lie by the CCP)
You people are hilarious... China has the US by the balls. They exploited the greed and hubris of the American elite and convinced them to relocate the vast majority of manufacturing there and now they have taken the American economy hostage. Paul is naive if he thinks the US can boycott Chinese products. A week without Apple gadgets and the TikTok generation riots in the streets. Two months without Chinese imports and Walmart shelves are empty. Literally.
Merely gives advice on what would *be a bad idea, but those country’s dictators are the ones that decide if they want to listen or do something against the best interest of their own people(which is usually going on the offensive attack against a free people, just cause the dictator wants dominion over them by force 🤦♂️)
The reason why China is trading with Russia in a frenzy way since the Ukraine War is NOT because China needs to sell its goods to Russia to get Russian Rubles to fight China's deflation, but actually support Russia sustaining this War as much as possible. Here is the simple logic: Rubles are no longer exchangeable in the major world markets which are dominated by the West, and China needs USD or other Western currencies to import some very important items like soybeans from US and Brazil, iron cores from Australia and India, high-grade industrial coals from Australia and Canada, just name a few. And as you can see, all these international trades require the Western currencies, mainly USD, not Russian Rubles. As what I know, China's companies that are doing business with Russia are instructed by the Chinese governments and most of them are also state-owned large companies that have a major purpose of running international businesses to serve China's strategic goals rather than making profits. And you can see this very often in China's Belt-and-Silk Road Initiative projects where the majority of relevant Chinese companies lost money, or are losing money every day. As a native American, you don't really understand how Chinese Communist Party runs that country because in the West world, everything is focused on benefiting the tax payers, but in China, everything will be done to favor a few top power elites even if the major of people suffer and the country is also decaying. Hope you will do a better job when deal with any China issues. Thx and bye!
❤😂😂😂😂lies from you. West wants to decouple from China, then how china will.yake care of their 1.4B people? They have to trade with like minded countries.
@@DK-ev9dg Like minded countries don't have the same purchasing power like the west has, it's because of good trade relations with the west that China has been able to grow like they have. Biting the hand that feeds you is a great strategy right?
@@thomaslunde5014 your greedy elites wanted cheap things from China and China was smart enough to have technology transfer agreements with them. China is now richest country on this earth. And Russia is most self sufficient country on this earth with middle income. In the west, things are 5x more expensive than China and 3x more than Russia. Millions of homeless in the west have nothing. They are sleeping on the streets under filthy conditions with no access to toilets, clean water and electricity
The Chinese problem is bigger: 1. Yes, if you think prices are going to go down, you don't buy. Then people who make the goods, having the same perspective, don't produce and workers get fired, factories stop working. 2. In China, when you buy a condo, most have purchased a unit either before construction starts or orders a unit without cabinets/finished bathrooms. If things tank, like losing your job, you cannot walk away from your monthly payments and debt to the bank - that is the law! 3. If you have actually received your finished unit, your local city does not impose a sales tax/income tax/property tax start to come to an end. Cities had some cash by setting up shadow banks and selling the use of land to developers on a one payment basis. 4. I could go on . . . but the problem would not be solved by allowing China to sell missiles/tanks/airplanes. 5. China banks are state owned. China real estate is state owned. The minimal retirement benefit is based upon current contributions and is not set up on an actuarial basis. Communist, Democrats, and Republicans kick the can down the road. Communism is more efficient in collapsing as it will with starvation starting this winter.
Dude Russia doesn`t need anyone else's soldiers unlike Ukraine. Russia has a potential of 30 million soldiers that`s more then the population of Ukraine.
i agree but there will comes a moment when they wont accepts rubles anymore, if russia still have gold maybe they can pay with that but that can run out too.
@@hongshi8251 The major funders of both Biden & Trump are members of the same ancient tribe. Putin only got his job with their support, although he has turned against them in the past few years. This is one of the reasons why they want to use the Ukrainian people as a proxy to fight him. Volodymyr is also a member of the tribe, it is not a coincidence. I kind of like the Chinese, they will never be pushed around by a bunch of small hats.
Deflation also means for China, the value of properties goes down. China did build a lot of houses they didn't need, so their economy grows. This created a bubble, and if it bursts, it can destroy their economy. If people see, prices for property go down, they will try to sell, so they get, at least, some money back. A lot of chinese people invested in houses. Over 100 million houses and flats in China are empty. It was financed by credits, and if the prices drop, the chinese people can't pay that back. So they have a lot of problems right now, and the next years it will get worse 🤷♂️
"How many vacant homes are there now? Each expert gives a very different number, with the most extreme believing the current number of vacant homes are enough for 3 billion people," said He Keng, 81, a former deputy head of the statistics bureau. "That estimate might be a bit much, but 1.4 billion people probably can't fill them," He said at a forum in the southern Chinese city Dongguan, according to a video released by the official media China News Service.
Would it better to make American companies more competitive and help them produce better products at the lower cost? US government slapping tariffs on the competition for doing better job is just plain wrong. Are we moving towards socialism and moving away from capitalism? Its seems that we adapting failed Soviet Union economic policies.
Thanks for your great analysis. Each time I watch your videos I have the impression I have learned something valuable. Thank your so much for your great work. In case of NATO war I wish I could serve under your command…
Remember always; when democracies are suffering economic issues, authoritarian dictatorships will suffer economic crises strong enough to fracture their country. Putin probably started this war to distract the people from the failing Russian economy post COVID but only managed to make them angrier.
The russian economy is thr 11th largest in the worĺd .. their economy is 3.9% of the world economy while their population is 1.8% of the world population. $3.90 of every $100 in the world GDP is from the Russian economy. Because their share of the GDP is twice as much as their share of the population, their wealth is above average
Anyone remember reading about industrialists getting rich selling to both sides when USA was staying out of wars? I guess the USA bosses learned from their own behaviour 😅
Are you referring to Standard Oil (Exxon) providing NAZI Germany with oil through neutral Spain during WW2 or Ford building engines and auto parts for the German war machine ? Nothing has changed. Its business as usual.
80% of the cellulose used to produce powder for artillery shells comes from Central Asia. This is justified because a single factory in Kazan(owned by the Russian MOD) can use it to produce paint, and therefore it is 'dual use'. The fact that this is not being sanctioned, no less even being acknowledged, despite being a core part of the Russian war machine is absurd.
Paul, why is your face cam not filling the whole video frame? You have had these weird bars on the sides of the camera for I think over a month now. It looks really weird. Thanks for all the good content. (:
Even with deflation, you need to buy what you need now. Food, gas, electricity, a car(if you don’t have one, or your current car is impossible to repair). Deflation isn’t that bad, except for people who have invested in real estate.
It's obvious that their are partners and has no boundaries. For example, they engage in activities like selling dual electronic parts and oil. This behaviour will never stop unless you put your foot down and good for America. All of this is happening because the world has been focus on profit and wages, forgetting about the well-being of their people.
Another mysterious death in Russia. Well-known Russian economist and researcher of Socio-Economic Development Institutions Valentina Bondarenko “falls from window and dies”. Bondarenko was 82-years old but continued forcasting and modeling socio-economic trends in Russia. As always, Russia is “investigating and establishing the reason”.
America experienced deflation during the later 19th century because economic growth exceeded the growth in the quantity of gold and silver to coin. It was not Armageddon.
If the US would not be ideologically involved but would make money selling rifles, they would not care at all, they would call it the way of the market (which is never wrong).
They could bring back the shoddy components where when you order a chip, they would print the part number that you asked for onto any chip they have on hand at the time - not actually what it is supposed to be - classic china product. Or better yet, similar to when you buy a external harddrive and you find it's just a 1MB sd card and a bunch of washers inside for the weight - make the barrels out of flat washers pressed into a tube and charge $1000 for it.
I believe I read a post from Konstantin's blog. The commercial airliner project between russia and China has been scrapped. A 10-year research project to create a good russian/China commercial airliner prototype is put on the back burner.
The reason is that the points mentioned here in the video are only a part of the whole picture. Another very important reason why China supports Russia are strategic considerations. The US got more and more hostile towards China over the last years, as China's economy grew closer and closer in size to the US one. There are a lot of different conflicts where Chinese and US interests are colliding. While the US is engaged in Ukraine it can not concentrate on China. For China it is a win-win situation. It gets money and cheap resources from Russia which helps the Chinese economy while on the same time these goods help Russia to weaken and undermine the position of the USA. After all the US can not afford to finance this war forever. The US budget deficit is high and the debts are growing at an alarming rate while at the same time a process of dedollarisation has picked up speed. The longer these processes are in place the more the US will be weakened and if it lasts too long it might end up like the British Empire. That also collapsed due to financial problems caused by overreach and high military costs due to wars. China plays the long game, because the leadership and therefore the political course hardly change over the years. It has just to wait for the demise of the US because at some time the ever growing debt and the interest payments will strangle the US to death. From the strategic Chinese perspective it would probably be worth it to give the material to Russia for free to keep the US occupied as long as possible. The fact that Russia pays for it makes it even better.
Another thing from Chinese banks that they're really shady a lot of people have money in their Banks like rich people and the banks from China do not want to give them money back
No we don’t CCP bot. Mexico and Canada are our top trading partners. If anyone relies on the other it is China relying on globalization that we provided.
Remember there are a lot of countries waiting to take those jobs. If all you do is manufacturing then you just doing a cheap labor for someone else. If you’re the designer then you have the option to move the job to anywhere.
Hey Paul, I live in Denver, what’s the physical address so I can drive straight down to the factory and grab me some strike gum? Why would I pay for shipping when I can just go straight to the factory and pick me up some of that “go get you some” enhancement gum?
US can send $100s billions to militarize Ukraine but tell China they can't support Russia with basic electronics. A level of ignorance and arrogance only Americans can reach.
Russia recently started to sell oil to India in exchange for Chinese yuan, because Indian rupee is not widely accepted, and Russia doesn't import enough from India. There's talk of India licensing Russian advanced weapons for manufacturing and Russia importing Indian made arms. US will face a dilemma whether to sanction India, which would undermine efforts to decouple from China.
The explanation why deflation is bad applies only to well paid people like economic scientists. Not so well paid people have to spend their money for food and their home. Nobody can wait a year for eating or sleeping in the expectation that is cheaper at this time.
Its inaccurate to call it "dual use" when Russian civilians dont get to have anything. If they ever want to ride a motorcycle the only way is to sign up and see if you win the motorcycle charge lottery so you too can enjoy half a ride on your way to Ukraine.
2 things stand out: 1.Opportunity out of a Crisis Creeps (Covid now History Ukraine War now hot) who will know how to make money for themselves what ever. 2.The horrific loss of life on both sides, one of which is a Country of 20 million people fighting for its and its peoples existence. Converting either low or hi tech civilian equipment for military purposes either out of life or death necessity, Ukraine, or fear of Putin, i.e. Russian People.
China is going bankrupt so this isn’t really a big deal. Also, them supplying Chinese soldiers actually helps us because it reduces Chinese assets also
Get the ultimate made in the USA energy gum! strikegum.com/
or at Amazon a.co/d/aErTLPb
i may have to you demoted Corporal... Ukraine leaders in China ,..begging China to save them , Russia say's no trust , only action ... we now have a unity government i Palestine back by China ...
USA has been told options ... you boy's are going home
Well if the us was producing oil china would not need russias oil
Thanks Paul for the update ,.. golf carts, paint ball uniforms …
Chips, machine tools are duel-use resources.
civilian and military uses.
This is why made in America is important to me. WE are funding our adversaries by paying for every day things that are manufactured by China.
Anyone with eyes can see this is a problem
I feel the Same about " Wholly made in Australia " .
As USA buys less from China, China is encouraged to sell more to other countries like Russia.
Their economy depends on exporting manufactured goods.
Trump placed huge sanctions on made in China, and Biden continued them: the US exonomy is 25% of the world's economy. China is forced to sell elsewhere or see its own economy collapse.
Stupid logic. Talk to your big corporations about that,Their the ones getting their crap made in China and you are the people buying it.
Who are these "WE", multiple personalities inside your head?
That's the most intuitive explanation of deflation I've heard. Well communicated
Thanks big P!
Its none of US business who China conducts trade with.
You seem to have missed a few keypoints frlm the video. Watch it again or get your head checked.
US is a near bankrupt international joke.
Thank you very much for such a thorough explanation on a complicated topic, good job!
WOW, A Masters in economics...good going!!
Keep telling China we are not decoupling as we continue to decouple 100%
sounds like Russia does not trust you minisk ..on tape , used to buy time [ Merkel and head frog] ... sooo .... you must make a choice ..comply ... or i get my way with you ..finish sending you stone ages . and 18 million moved west ..... your call ... lay down your arms
Substituting China imports is the best solution
@@MrObvious-tg8lz trouble is ... your dumb leaders declared war on Russia and China before doing calculation [ brain dead ] ... ...it takes years to build domestic supply chains
@@MrObvious-tg8lz worse .. 75 5 all shipping cut in red sea and whole area ... Suez cut 40 % [ not a shot fired] .. Panama cut 40 % .. prime on list [ 75 % all American shipping ]
@@MrObvious-tg8lz unless you go home ..make peace ..
Enjoy the coverage today Paul thanks a lot😊
Russia is using StrikeGum to make, Sticky Bombs.
LOL
I actually saw a video about sticky bombs. They’re designed to stick to tanks.
That transition into Strike Gum was fucking smooth man. ❤
Well put, I didn't make the connection between all of these things.
Hi Paul FYI it seems that Amazon does not sell/ship Strikegum for Australia.
The US would beg China in the way a bouncer would beg a drunk to stop before they get hurt.
Er no, 1.4 billion people, 20 trn dollar economy, the PRC is the global leader in manufacturing. They have a truly massive capacity to produce drones, electronics, components, and ammunition for the Russians, funnel them through North Korea to avoid sanctions etc.
@@Jimmy-ye3wg India is taking the Manufacturing... the USA is sick of Chinese lies and wolf warriors. China needs the USA more the USA needs cheap Chinese goods and stolen IP. (the 20 Trillion economy is a lie by the CCP)
facts
You people are hilarious...
China has the US by the balls. They exploited the greed and hubris of the American elite and convinced them to relocate the vast majority of manufacturing there and now they have taken the American economy hostage. Paul is naive if he thinks the US can boycott Chinese products. A week without Apple gadgets and the TikTok generation riots in the streets. Two months without Chinese imports and Walmart shelves are empty. Literally.
@@Jimmy-ye3wg Why is the CCP so afraid of decoupling?
Begging China? I doubt USA begs China, Russia or Cuba for anything or any reason.
Well, the US is now begging China over and over again, with several US officers travelling to China just for the begging.
My thoughts exactly.
The Demonrats subsist on CCP money.
Merely gives advice on what would *be a bad idea, but those country’s dictators are the ones that decide if they want to listen or do something against the best interest of their own people(which is usually going on the offensive attack against a free people, just cause the dictator wants dominion over them by force 🤦♂️)
USA begged and bribed China in the Cold War .. hence why the Taiwan issue is so bad
The reason why China is trading with Russia in a frenzy way since the Ukraine War is NOT because China needs to sell its goods to Russia to get Russian Rubles to fight China's deflation, but actually support Russia sustaining this War as much as possible. Here is the simple logic: Rubles are no longer exchangeable in the major world markets which are dominated by the West, and China needs USD or other Western currencies to import some very important items like soybeans from US and Brazil, iron cores from Australia and India, high-grade industrial coals from Australia and Canada, just name a few. And as you can see, all these international trades require the Western currencies, mainly USD, not Russian Rubles. As what I know, China's companies that are doing business with Russia are instructed by the Chinese governments and most of them are also state-owned large companies that have a major purpose of running international businesses to serve China's strategic goals rather than making profits. And you can see this very often in China's Belt-and-Silk Road Initiative projects where the majority of relevant Chinese companies lost money, or are losing money every day. As a native American, you don't really understand how Chinese Communist Party runs that country because in the West world, everything is focused on benefiting the tax payers, but in China, everything will be done to favor a few top power elites even if the major of people suffer and the country is also decaying. Hope you will do a better job when deal with any China issues. Thx and bye!
❤😂😂😂😂lies from you. West wants to decouple from China, then how china will.yake care of their 1.4B people? They have to trade with like minded countries.
@@DK-ev9dg Na neki način vsi trgujejo med seboj!
@@tihomiradamovic302 translate into English
@@DK-ev9dg Like minded countries don't have the same purchasing power like the west has, it's because of good trade relations with the west that China has been able to grow like they have. Biting the hand that feeds you is a great strategy right?
@@thomaslunde5014 your greedy elites wanted cheap things from China and China was smart enough to have technology transfer agreements with them. China is now richest country on this earth. And Russia is most self sufficient country on this earth with middle income. In the west, things are 5x more expensive than China and 3x more than Russia. Millions of homeless in the west have nothing. They are sleeping on the streets under filthy conditions with no access to toilets, clean water and electricity
"The only other option is to sell shit. Like a lot of shit." Nooow I get economics... Wish Paul was my teacher 🤣
When I listen to him I feel secure, to know that people like him leads troops… Thank you Paul…
Thanks, Paul
Happy to see you changed the title of this video to a more truthful one!
The Chinese problem is bigger:
1. Yes, if you think prices are going to go down, you don't buy. Then people who make the goods, having the same perspective, don't produce and workers get fired, factories stop working.
2. In China, when you buy a condo, most have purchased a unit either before construction starts or orders a unit without cabinets/finished bathrooms. If things tank, like losing your job, you cannot walk away from your monthly payments and debt to the bank - that is the law!
3. If you have actually received your finished unit, your local city does not impose a sales tax/income tax/property tax start to come to an end. Cities had some cash by setting up shadow banks and selling the use of land to developers on a one payment basis.
4. I could go on . . . but the problem would not be solved by allowing China to sell missiles/tanks/airplanes.
5. China banks are state owned. China real estate is state owned. The minimal retirement benefit is based upon current contributions and is not set up on an actuarial basis. Communist, Democrats, and Republicans kick the can down the road. Communism is more efficient in collapsing as it will with starvation starting this winter.
Excellent report. Very informative specially for a non economists. Havagudun vet.
thank you for this news!
You guys never really believed that Xi Jinping was on your side, did you? 😂
You talking to the people that live on the mainland(China)🤔…cause that question should be for them as well
The intention in letting China join world trade was that China's leaders would be in the side of China's people. That hasn't happened, unfortunately
So long as Africa has soldiers, Russia will never run out of mercenaries.
Dude Russia doesn`t need anyone else's soldiers unlike Ukraine. Russia has a potential of 30 million soldiers that`s more then the population of Ukraine.
i agree but there will comes a moment when they wont accepts rubles anymore, if russia still have gold maybe they can pay with that but that can run out too.
@@kasperiizationRussia is not paying its troops.
😂 dumb racist.
Thanks Paul 👍👍👍😊
Brilliant explanation, Thanks!
Excellent anslysis of a complex problem
When I’m in the mood for it, I love your show. 12 years Chinese expat so I know you’re very close to the truth. Again, great show
Silly person, sit down!
What?
Silly question but you must be a Trump worshipper and that makes sense.
@@hongshi8251 The major funders of both Biden & Trump are members of the same ancient tribe. Putin only got his job with their support, although he has turned against them in the past few years. This is one of the reasons why they want to use the Ukrainian people as a proxy to fight him. Volodymyr is also a member of the tribe, it is not a coincidence.
I kind of like the Chinese, they will never be pushed around by a bunch of small hats.
It doesn't matter , sanction all dual use products. You can do business with Russia or the US.
How? How would you sanction all dual use products? Exactly how does it work?
@@Kitten_Stomper The same way you sanction everything else...
Just sanction everything, regardless of the number of uses.
Your economics discussion is remarkably logical and understandable. I know, background and stuff, but the way you put it gets across very well.
Deflation also means for China, the value of properties goes down. China did build a lot of houses they didn't need, so their economy grows.
This created a bubble, and if it bursts, it can destroy their economy. If people see, prices for property go down, they will try to sell, so they get, at least, some money back.
A lot of chinese people invested in houses. Over 100 million houses and flats in China are empty. It was financed by credits, and if the prices drop, the chinese people can't pay that back.
So they have a lot of problems right now, and the next years it will get worse 🤷♂️
"How many vacant homes are there now? Each expert gives a very different number, with the most extreme believing the current number of vacant homes are enough for 3 billion people," said He Keng, 81, a former deputy head of the statistics bureau.
"That estimate might be a bit much, but 1.4 billion people probably can't fill them," He said at a forum in the southern Chinese city Dongguan, according to a video released by the official media China News Service.
@@lawrencefrost9063not all are inhabitable due to tofu dreg construction
Thanks Paul, appreciate you
Red Bull gives you "wings"(sugar crash)
I remember when Iraq was banned from buying ps2s because someone believed they could be used in missile guidance.
Excellent video.
👍
Good, and it's about time.
Much Better Thumbnail and headline .Thanks bud words are powerful how we use them matters and you are awesome
For mine Paul, this is your best story yet 😮
Just keep increasing the Tariffs on all Chinas exports, that will bring them in line💙💛
Would it better to make American companies more competitive and help them produce better products at the lower cost? US government slapping tariffs on the competition for doing better job is just plain wrong. Are we moving towards socialism and moving away from capitalism? Its seems that we adapting failed Soviet Union economic policies.
@@andyg9755 I suppose when your competitors are trying to destroy the dollar, you do what you need to do, and its working
Thanks for your great analysis. Each time I watch your videos I have the impression I have learned something valuable. Thank your so much for your great work. In case of NATO war I wish I could serve under your command…
You the Man Paul!
It’s awfully pathetic that China needs to count on the Russian rubble as a source of cash. I thought that the ruble was being used as toilet paper.
Remember always; when democracies are suffering economic issues, authoritarian dictatorships will suffer economic crises strong enough to fracture their country. Putin probably started this war to distract the people from the failing Russian economy post COVID but only managed to make them angrier.
It is and China doesn't want any. They want the trade with Russia to be done in Yuans. So far, the Russians have obliged.
The Russian economy is the 11th largest in the world.
The russian economy is thr 11th largest in the worĺd .. their economy is 3.9% of the world economy while their population is 1.8% of the world population.
$3.90 of every $100 in the world GDP is from the Russian economy.
Because their share of the GDP is twice as much as their share of the population, their wealth is above average
The CCP doesn't accept the Ruble as payment, they trade in stable coin which is pegged to the US dollar.
They probably rename those companies or split them up on paper give them multiple names on paper.
So US and NATO doing the same to Ukraine
Anyone remember reading about industrialists getting rich selling to both sides when USA was staying out of wars? I guess the USA bosses learned from their own behaviour 😅
Painfully true.
Are you referring to Standard Oil (Exxon) providing NAZI Germany with oil through neutral Spain during WW2 or Ford building engines and auto parts for the German war machine ? Nothing has changed. Its business as usual.
India also have dual use hsn code tracking
Suggestion: reach out to Nate at Canadian Prepper to distribute your product. Your gum should be in every Bug-out bag.
Never disregard John Rambo
Paul pls do frontline updates again so much is happening and it’s perfect material to cover
i’d hand back that degree buddy.
80% of the cellulose used to produce powder for artillery shells comes from Central Asia. This is justified because a single factory in Kazan(owned by the Russian MOD) can use it to produce paint, and therefore it is 'dual use'. The fact that this is not being sanctioned, no less even being acknowledged, despite being a core part of the Russian war machine is absurd.
Forget dual use, no trade with Russia.
And then we have a global economic depression. Good solution
Xoxla sprosit' zabyli.
But why then USA don't stop its trade with Russia? And keeps telling everyone else not to tade
I'm. Not. Green. Or. The. Incurable. Hulk.
No wonder in my country, Nicaragua under dictatorship is opening Chinese stores all over the country.
Paul, why is your face cam not filling the whole video frame? You have had these weird bars on the sides of the camera for I think over a month now. It looks really weird. Thanks for all the good content. (:
Even with deflation, you need to buy what you need now. Food, gas, electricity, a car(if you don’t have one, or your current car is impossible to repair).
Deflation isn’t that bad, except for people who have invested in real estate.
Russians are also suddenly wery much into golfing and driving motorcyckles for leassure
would love to hear more of your economics analysis of the Russian and Ukraine war economies.
china "sometimes" do the right thing... A big LOL here!
Will the Pentagon stop buying Huawei equipment in line with this?
It's obvious that their are partners and has no boundaries. For example, they engage in activities like selling dual electronic parts and oil. This behaviour will never stop unless you put your foot down and good for America. All of this is happening because the world has been focus on profit and wages, forgetting about the well-being of their people.
Another mysterious death in Russia.
Well-known Russian economist and researcher of Socio-Economic Development Institutions Valentina Bondarenko “falls from window and dies”. Bondarenko was 82-years old but continued forcasting and modeling socio-economic trends in Russia.
As always, Russia is “investigating and establishing the reason”.
What is China sending that we don't know about ? How about troops we know they are there .
china has the choice to not fly their bombers into our airspace...
Yep, and when China moves on Taiwan, they will ask Russia for help in areas.
America experienced deflation during the later 19th century because economic growth exceeded the growth in the quantity of gold and silver to coin. It was not Armageddon.
If the US would not be ideologically involved but would make money selling rifles, they would not care at all, they would call it the way of the market (which is never wrong).
You're wrong about "stock prices",they mean absolutely nothing to manufacturing.
They could bring back the shoddy components where when you order a chip, they would print the part number that you asked for onto any chip they have on hand at the time - not actually what it is supposed to be - classic china product.
Or better yet, similar to when you buy a external harddrive and you find it's just a 1MB sd card and a bunch of washers inside for the weight - make the barrels out of flat washers pressed into a tube and charge $1000 for it.
As European I trust NATO 100%
I believe I read a post from Konstantin's blog. The commercial airliner project between russia and China has been scrapped. A 10-year research project to create a good russian/China commercial airliner prototype is put on the back burner.
Why can’t we buy Cinese exports for Ukraine instead
Because it's low quality and we don't need it, and they would produce more and sell it to Russia. It would be a waste of money and really inefficient.
Who says that we aren't? The same chips go into all sorts of things...
The reason is that the points mentioned here in the video are only a part of the whole picture. Another very important reason why China supports Russia are strategic considerations. The US got more and more hostile towards China over the last years, as China's economy grew closer and closer in size to the US one. There are a lot of different conflicts where Chinese and US interests are colliding. While the US is engaged in Ukraine it can not concentrate on China. For China it is a win-win situation. It gets money and cheap resources from Russia which helps the Chinese economy while on the same time these goods help Russia to weaken and undermine the position of the USA. After all the US can not afford to finance this war forever. The US budget deficit is high and the debts are growing at an alarming rate while at the same time a process of dedollarisation has picked up speed. The longer these processes are in place the more the US will be weakened and if it lasts too long it might end up like the British Empire. That also collapsed due to financial problems caused by overreach and high military costs due to wars. China plays the long game, because the leadership and therefore the political course hardly change over the years. It has just to wait for the demise of the US because at some time the ever growing debt and the interest payments will strangle the US to death.
From the strategic Chinese perspective it would probably be worth it to give the material to Russia for free to keep the US occupied as long as possible. The fact that Russia pays for it makes it even better.
@@patrickm3981🤣🤡
Another thing from Chinese banks that they're really shady a lot of people have money in their Banks like rich people and the banks from China do not want to give them money back
You’re wrong about inflation.
You should return your Econ degree
Lets be honest, we completely rely on china and were not gunna bite the hand that feeds us😂
No we don’t CCP bot. Mexico and Canada are our top trading partners. If anyone relies on the other it is China relying on globalization that we provided.
except it's the other way around...US imports a lot of that garbage that ends up breaking out of the box
The US can threaten to reduce the purchases from China, as you are their biggest customer
Remember there are a lot of countries waiting to take those jobs. If all you do is manufacturing then you just doing a cheap labor for someone else. If you’re the designer then you have the option to move the job to anywhere.
Hey Paul, I live in Denver, what’s the physical address so I can drive straight down to the factory and grab me some strike gum? Why would I pay for shipping when I can just go straight to the factory and pick me up some of that “go get you some” enhancement gum?
One thing is China other thing is transit shipments from Europe to Russia through Turkey then Azerbaijan, Kazakhstan etc
Isn’t Russia like 5% of their total exports only?
US can send $100s billions to militarize Ukraine but tell China they can't support Russia with basic electronics.
A level of ignorance and arrogance only Americans can reach.
In the Ruso-Ukraine war one country is illegally invading a sovereign state. The other is defending its own sovereignty.
Do you see how those differ?
@@SerendipityChild Would the US tolerate 100s billions in weapons shipped to Mexico to fire at Americans?
Don't be so naive.
Hey Paul do you drink Tea
Tea is a Proper Drink here in the UK John 🇬🇧
Deflation is only bad for those wanting to make huge profits. Good for those of us, that don't have much money to spend.
*those dark AI woke autonomous drone über-orks gonna get us he tells ya. Be prepared with STRIKE GUM.* The uh, gum, Uhm, for Warriors!
The US could threaten to sanction in proportion to Russia's increase in demand, thus guaranteeing China maintains the status quo, deflation.
Damn East Taiwan is really helping Russia... and yet Russia is still getting clapped. So much for East Taiwan being a Super Power.
China’s currency is weird in how it is isolated from other currencies.
China needs USD/Euro, not rusky rubles
Russia recently started to sell oil to India in exchange for Chinese yuan, because Indian rupee is not widely accepted, and Russia doesn't import enough from India. There's talk of India licensing Russian advanced weapons for manufacturing and Russia importing Indian made arms. US will face a dilemma whether to sanction India, which would undermine efforts to decouple from China.
RUclips deleting my comments when I respond to trolls and Tankies is pretty annoying.
But then Chinese fighter jets intercepted Canadian airspace along with 2 russian jets. So...these tea leaves are weird.
The explanation why deflation is bad applies only to well paid people like economic scientists. Not so well paid people have to spend their money for food and their home. Nobody can wait a year for eating or sleeping in the expectation that is cheaper at this time.
Its inaccurate to call it "dual use" when Russian civilians dont get to have anything. If they ever want to ride a motorcycle the only way is to sign up and see if you win the motorcycle charge lottery so you too can enjoy half a ride on your way to Ukraine.
sounds like You’ve been chewing it😆
2 things stand out:
1.Opportunity out of a Crisis Creeps (Covid now History Ukraine War now hot) who will know how to make money for themselves what ever.
2.The horrific loss of life on both sides, one of which is a Country of 20 million people fighting for its and its peoples existence.
Converting either low or hi tech civilian equipment for military purposes either out of life or death necessity, Ukraine, or fear of Putin, i.e. Russian People.
Your explanation of importing dual use parts, sounds like the ATF rules on unfinished, 80% lowers for AR15 rifles.
Actually China is the main supplier of Ukraine. All those fpv drones are Chinese mostly DJI.
Great video. Why doesn't the US buy them out? So Russia can't buy as much
Hard to say. North Korea should be an indicator if they send something, they will send through NK
Mongolia is the rightful owners of Moscow.
China is going bankrupt so this isn’t really a big deal. Also, them supplying Chinese soldiers actually helps us because it reduces Chinese assets also