@@patricksmith4148you wish mate one thing about China they are not like Western finance institute the IMF puts small countries in debt must break away from the IMF.
@@patricksmith4148 They exported $500 billion to the US in 2023. Their GDP in 2023 is $17.5 trillion. So their export to the US accounts for less than 3% of their economy. 😃😃
IMF and World Bank, which are US dominated will tell China if it joined.. to abide by their rules... So its probably better for China not to join.. then they cant tell China what it can or cannot do.
"... US-BASED organizations like the World Bank and the IMF." THE PROBLEM Here is not so much that they are US-Based, as they are US-CONTROLLED Organizations! And US🇺🇸 is there NOT there to serve the World, but to Promote Their OWN INTERESTS. 😊
Financial Serfdom of the Working Families of the world = BIS, IMF, US Federal Reserve or Chinese BRICS. Financial Freedom = Decentralized, Open Ledger Crypto Currency!
I beg to differ sharks are useful to the oceans IMF and WB are "useful" only for a narrow group of the privileged at the expense of millions and millions of us "ordinary"
Don't be naive; the bulk of the money stays in the US and they get aid of used and outdated expensive weapons and stuff. This is known as legalized corruption. 😢😢😢😢
No, the US doesn’t give away anything, the wars they created are all serving Americans “interests”, so 99% of times the Americans were the ones who benefits most.
It broke my heart every time when I see an advisement about how we can donate money to save childern who were in need of food and medicines due to war.
@@GT5.0365 The efficient way the Chinese run their country, inclusively take care of their people, advance their society at unprecedented speed, stay righteous and boldly go where no man has gone before...all while constantly being insulted by Western name calling, hypocrisy, warmonger posturing and double standards. Absolutely! China is THE class act of this century. Moreover it is pulling developing countries up the ladder to progress and self determination. There is not a single western country or group of western countries that is as much a class act as China my friend.
Western people have been brainwashed to believe fake democracy,they only have old and stupid politicians to choose,because they are just voting puppets to cheat the world what they called democracy!!!
LMFAO! You have the USA Government predominantly made up of Corporate Lawyers (what can a Corporate Lawyer do for Civic Infrastructures???) verses China's Government predominantly made up of Engineers, Mathematicians, Technicians (these politicians can actually BUILD and REPAIR Civic Infrastructures). When it comes to Civic Problem solving and development ... who do you think is going to actually fix and build Civic things ... a Corporate Lawyer or an Engineer? USA's Corporatism does NOT work for Civilians.
The U.S. Government has been corporativist for decades - a co-franchise with the corporate cartels and large banks, who also are granted Bailout money from the Central Bank {Fed} !
China produces 1 billion tons of steel per year - to construct great infrastructure projects, such as their south to north water diversions, all the way to the Yangtze River. The U.S. only produces 80 million tons per year!
@@emichaelny336 Master nature. Produce steel without much in polluting by-products. Build canals over to the Dead Sea and desalinate this water with nuclear power plants, via the Oasis Plan of Shimon Peres. Mine HE3 from the far side of the moon. Invent Fusion Power. / Are Carbon emissions actually CO2? If so, CO2 is the fuel for respiration by plants!
@@emichaelny336 US has been the BIGGEST POLLUTER ON EARTH FOR MORE THAN 100 YEARS! Even today China does more efforts on green energy etc than US does! Keep in mind that China is a developing country while US is a "rich" country. If you love environment, go research how much pollution has been caused by the 800+ US military bases in the last 70 years! Hey, how is the environment of the Marshall/Bikini Islands doing after US doing nuclear tests there for ages (also part of human experiments!)? Go ask the locals what they really think of the US contaminating their water, crops etc ON PURPOSE?! Yeah, thought so.
In the 80’s, America pushes for globalization of the of trade and manufacturing causing manufacturing to leave north America. 50 years later, all the poor countries exploited by corporate America now have money and are abandoning the USA leaving the USA with high debt and no money to restart its manufacturing sector. How does the USA like financial sanctions imposed on them ?
After the Dollar was removed from its Gold anchor, it continued to be the Reserve Currency. Large Western banks then leveraged the Floating Exchange Rate to suppress large scale economic development in most nations - on behalf of Unipolar globalism!
This is pure gold! It's like telling a kid no, you can't buy that because it's useless to me. 😂😂😂 stand tall, China and Russia! They can't play checkers on the chess board 😤
The IMF and the World Bank has been great tools for enrichment of the US, just like the USD has been. Unfortunatly, it came with some costs for those making themselves dependent on them. They can now make better choices!
Credit from the Asian Infrastructure Investment Bank - for the Trans Aqua Project. This is being supervised by Chinese and Italian engineers - whereby 10% of the water from the upper reaches of the Congo River will be canalled all the way to Lake Chad. 14 nations will benefit!
The majority of countries of international community wants China to do more to help them to junk the stifling IMF and World Bank. Thank God China is steping in to help. ❤❤❤❤
It's time for U.S. leaders to build concordance with China and the BRICS process. Then, a Development and Security Architecture for all nations can be constructed!
@@BRICS313 Yes! The cold-war mentality of those in D.C. feeds their perception, as e.g. Yellen was explaining to the Chinese that 'your excess production is an imperial push.' Their projection + fostering of cold-war ideology is a central justification for Unipolar feudalism!
@@stevekaylor5606it won't be easy to achieve when nations in the west speak about global dominance which is not in the interest of the world majority..
@@samueloabilemunyari3717 Yes, at the present time - most leaders in the West support Unipolar globalism, while some call this "our Democracy." They need to step back from this prima facie, while considering that mutually beneficial foreign policy {not feudalism or warring blocs} is the path to a constructive Architecture!
@@stevekaylor5606The acronym BRICS will have to be changed anyway because India will soon need to leave. It is not possible to reconcile such conflicts of interest
@@nyazee That may be, with India. Also, Saudi Arabia was slated to join about the time Ethiopia, UAE, Egypt and Iran joined - yet the Saudis have been under pressure from Unipolarists not to. Meanwhile, the IMF has opened a new office in Riyad. / This credit-for-development and trading group could become the BRICS plus 40 in October, then both nations can consider what their benefits might be. If there hasn't been a reverse-leveraged blowout of $2 thousand trillion by then - these changes in October could present an opening for all nations - to construct a New Architecture for Development and Security !
China and Russia want to see the world prosperity and peace… They invested Bomb on these projects…. As the rest of the world outside europe prosper BRICS nations will no longer need US and western market which will be minimized and in decay…
These institutions has been hijacked, but just leaving them isn't an option. We have all noticed that the UN hasn't been able to prevent the US from anything they have wanted to do against other countries. A remarkably ineffectual organization!
CHINA knows the importance of books of accounts, Inventories, restorations, TAXATION and registrations, it is efficient as well in its developments, shelf life realization and assets supplies reconciliations for some investments, acknowledging Western Standards, yet footed and Reconciled CHINESE Sovereign Independent States, accordingly that accounts and exercises rule of Law for most law offenders, be it its officials.****IMPORTANT***** this is NON AI standards of excellence for businesses, reconciliations of Investments, practices for societal developments, Industriousness of industries.*****IMPORTANT*****
Next - via China's Global Development Initiative - International leaders must arrange an economic Development Architecture for the benefit of all nations!
When the planet is in peril, a new tribe will rise from all creeds and colors to make the planet green again. BRICS is the fulfillment of a Native American prophecy. Great Green Wall in China...established Great Green Wall in the Sahel...established Great Green Wall in Bharat/India...work in process let's do this!
A lot of these large single Western international organisations are centered around USA's own interest, and USA themselves can always violate the rules, never get penalized, and all other member countries can do nothing about it too. It is always good to have a 2nd competitive organisations to keep everyone in check.
Meanwhile IMF lends poor country loan and directs thier own financial rules.like they have directed our financial bodies to restrict investments in our nepal stock market😢
TQVM to Fastepo for this informative and insightful video. I am very happy to note that both the IMF and WB which have been used to subjugate and impoverish recipient countries have slowly been rendered undesirable.
China Stop Export to the US: Watch the video here
👇👇👇👇👇👇
ruclips.net/video/1qDXeuFz1js/видео.html
The Chinese economy would bottom out if they did. Chinese propaganda. Paper tiger.
@@patricksmith4148you wish mate one thing about China they are not like Western finance institute the IMF puts small countries in debt must break away from the IMF.
@@patricksmith4148 us paper 🦅😂😂
@@patricksmith4148 Monday, Wednesday, Friday, China collapses.
Tuesday, Thursday, Saturday, China threatens.
Sunday: Pray and rest.
@@patricksmith4148 They exported $500 billion to the US in 2023. Their GDP in 2023 is $17.5 trillion. So their export to the US accounts for less than 3% of their economy. 😃😃
The IMF and WB or just a typical mafia scam
They are bot american tools for blackmailing the world!
They gonna get punched in the mouth by Russia and China
The IMF tried to give Burkina Faso a huge loan to get them under the West's control. But they were given the middle finger.
IMF and WB are both the empire's debt trap organizations.
💯 agreed
Good CHINA and BRICS
IMF and World Bank, which are US dominated will tell China if it joined.. to abide by their rules... So its probably better for China not to join.. then they cant tell China what it can or cannot do.
IMF and world bank are the sickest stooges keeping the developing countries in poverty
"... US-BASED organizations like the World Bank and the IMF."
THE PROBLEM Here is not so much that they are US-Based, as they are US-CONTROLLED Organizations!
And US🇺🇸 is there NOT there to serve the World, but to Promote Their OWN INTERESTS.
😊
and also china has industries larger then u.s , so it can use its banking system to trade with other countries without using u.s based imf
Probably better? It down right smart move for its own sovereignty sake.
Just like what they do to the countries of Europe
Imf and word bank is not allowed to pressure the World anymore.! Well done. 🇷🇺🤝🇨🇳
So the answer is to replace the iMF with one run by countries who do exactly the same thing?
@@baddaddy8718maybe another option
@@baddaddy8718better than the Western one that keeps R@ping the world for centuries
Financial Serfdom of the Working Families of the world = BIS, IMF, US Federal Reserve or Chinese BRICS.
Financial Freedom = Decentralized, Open Ledger Crypto Currency!
@@chngcheehwee5433
Decentralized (not government controlled) Open Ledger Crypto Currency!
Working Families Financial Freedom!
(Hedera, Kass, XRP, XLM, XDC. maybe Tera Luna Classic? )
IMF and WB are like loan sharks.
💯✅️💯✅️
I beg to differ
sharks are useful to the oceans
IMF and WB are "useful" only for a narrow group of the privileged at the expense of millions and millions of us "ordinary"
Worse than loan sharks
they invented the Nazis and Israe-lies, too.
"indoctrinated" is probably a better word, eh?
They are criminal Mafias.
all county support new global new currency stand with China
what is this new global currency backed with ?
South East Asian countries once fell to IMF debt trap. China do a really good move
Jus about every 3rd world countries were or are still debt trapped by Imf n WB
A very good example is Sri Lanka.
@@josephlau9585 ceylon? Their president are corrupt
@@josephlau9585A better example is Argentina. It’s president is now selling its national industry to Wall St., what can possibly go wrong?
@@mintheman7he is a puppet placed by cia to deliberately destroy the nations ambitions of joining the brics
we don't understand the U.S so much why always giving away their own people's money for the war in other country instead of growing their own nation
Don't be naive; the bulk of the money stays in the US and they get aid of used and outdated expensive weapons and stuff. This is known as legalized corruption. 😢😢😢😢
No, the US doesn’t give away anything, the wars they created are all serving Americans “interests”, so 99% of times the Americans were the ones who benefits most.
Most U.S. leaders support Unipolar globalism, not sovereignty for other nations!
US isn't a real country.
it's the war machine of the zionist bankers.
George Washington's very first act was a patent law for those turds.
It broke my heart every time when I see an advisement about how we can donate money to save childern who were in need of food and medicines due to war.
China is commendably shrewd and classy. A great leader in the multipolar world today.
What rock do you live under? Classy? 😂😂
@@GT5.0365 I know what shist pile you live under and it's red, white, and...
@@GT5.0365 you make my nutz itch‼️🫵😂🤣😂
@@GT5.0365 The efficient way the Chinese run their country, inclusively take care of their people, advance their society at unprecedented speed, stay righteous and boldly go where no man has gone before...all while constantly being insulted by Western name calling, hypocrisy, warmonger posturing and double standards. Absolutely! China is THE class act of this century. Moreover it is pulling developing countries up the ladder to progress and self determination. There is not a single western country or group of western countries that is as much a class act as China my friend.
Western people have been brainwashed to believe fake democracy,they only have old and stupid politicians to choose,because they are just voting puppets to cheat the world what they called democracy!!!
THANKS YOU CHINA DAN RUSSIA FOR TRUE GOOD JOB FOR DE WORLD THANKS 💯💯💯🇨🇳🇨🇳🇨🇳🇨🇳🇨🇳🇷🇺🇮🇳🇮🇷🇿🇦🇪🇬🇪🇹🇧🇷🇸🇦
Dokładnie tak Dziękujemy Rosji Chinom Jemenowi
Go China, go Russia, go BRICS and go global south, time for liberation has come❤❤❤. support from Papua New Guinea 🇵🇬🇵🇬👍💪
China what is needed for peace and justice in the World !!!
For welcoming Antichrist
Don't exclude Russia, Brics and the rest of the emerging economies
LMFAO! You have the USA Government predominantly made up of Corporate Lawyers (what can a Corporate Lawyer do for Civic Infrastructures???) verses China's Government predominantly made up of Engineers, Mathematicians, Technicians (these politicians can actually BUILD and REPAIR Civic Infrastructures).
When it comes to Civic Problem solving and development ... who do you think is going to actually fix and build Civic things ... a Corporate Lawyer or an Engineer?
USA's Corporatism does NOT work for Civilians.
The U.S. Government has been corporativist for decades - a co-franchise with the corporate cartels and large banks, who also are granted Bailout money from the Central Bank {Fed} !
The corporation only knows how to strokes their hand and pleasure themselves in raising imaginary stocks with no real value
So should all countries do.
I support China.
👍🏻🇨🇳💯✊💪🏻
And Russia. @feltpanioco1475
stupid
Now these days china is world superpower the Chinese people is very hardworking
China produces 1 billion tons of steel per year - to construct great infrastructure projects, such as their south to north water diversions, all the way to the Yangtze River. The U.S. only produces 80 million tons per year!
China has corrupted so many governments in the South Pacific and robs them of their resources….they are doing precisely the same as the IMF has done
@@stevekaylor5606 Doesn't sound very green to me. What about climate change? No concern for the environment?
@@emichaelny336 Master nature. Produce steel without much in polluting by-products. Build canals over to the Dead Sea and desalinate this water with nuclear power plants, via the Oasis Plan of Shimon Peres. Mine HE3 from the far side of the moon. Invent Fusion Power. / Are Carbon emissions actually CO2? If so, CO2 is the fuel for respiration by plants!
@@emichaelny336 US has been the BIGGEST POLLUTER ON EARTH FOR MORE THAN 100 YEARS! Even today China does more efforts on green energy etc than US does! Keep in mind that China is a developing country while US is a "rich" country. If you love environment, go research how much pollution has been caused by the 800+ US military bases in the last 70 years! Hey, how is the environment of the Marshall/Bikini Islands doing after US doing nuclear tests there for ages (also part of human experiments!)? Go ask the locals what they really think of the US contaminating their water, crops etc ON PURPOSE?!
Yeah, thought so.
China have arrived
In the 80’s, America pushes for globalization of the of trade and manufacturing causing manufacturing to leave north America. 50 years later, all the poor countries exploited by corporate America now have money and are abandoning the USA leaving the USA with high debt and no money to restart its manufacturing sector.
How does the USA like financial sanctions imposed on them ?
After the Dollar was removed from its Gold anchor, it continued to be the Reserve Currency. Large Western banks then leveraged the Floating Exchange Rate to suppress large scale economic development in most nations - on behalf of Unipolar globalism!
@@stevekaylor5606 yes it was and still is a rotten system that abused developing nations.
This is pure gold! It's like telling a kid no, you can't buy that because it's useless to me. 😂😂😂 stand tall, China and Russia! They can't play checkers on the chess board 😤
We all help Russia to Dismiss nato...
Right step in right direction to save under developed/developing nations from the slavery of western block.
It has been a more devious form of colonialism!
Well done China
The IMF acts like a loan shark 🦈. 😅 If you can't pay, they will force you to sell your companies to Western GLC s at basement prices.😅
The IMF and the World Bank has been great tools for enrichment of the US, just like the USD has been.
Unfortunatly, it came with some costs for those making themselves dependent on them.
They can now make better choices!
Great step China 👍
Not wasting money on war, more money for development, ? Win win.
Credit from the Asian Infrastructure Investment Bank - for the Trans Aqua Project. This is being supervised by Chinese and Italian engineers - whereby 10% of the water from the upper reaches of the Congo River will be canalled all the way to Lake Chad. 14 nations will benefit!
Next is gold
This is much better for all of us.
Their premise is to bring others up as they go
The elite must become peasants.
We support China and Russia
we support sound money.
💯✅️💯✅️
I do to ✊✊☝️❤️❤️✌️🤗
Yes, we all support China 🇨🇳 and Russia 🇷🇺👍🏻✊💪🏻
@@twilight6460 The BRICS process - with the BRICS plus 4 and maybe plus 40 in October. As Pope Paul VI said, "development is the new name for peace!"
GOOD STEP THE ONLY WAY TO DEPEND ITS OWN SOVERIGNITY
The majority of countries of international community wants China to do more to help them to junk the stifling IMF and World Bank. Thank God China is steping in to help. ❤❤❤❤
It's time for U.S. leaders to build concordance with China and the BRICS process. Then, a Development and Security Architecture for all nations can be constructed!
@@stevekaylor5606
Problem is the egotistical power hungry folk in D.C if they can't be in the picture they'd rather burn the picture.
@@BRICS313 Yes! The cold-war mentality of those in D.C. feeds their perception, as e.g. Yellen was explaining to the Chinese that 'your excess production is an imperial push.' Their projection + fostering of cold-war ideology is a central justification for Unipolar feudalism!
@@stevekaylor5606it won't be easy to achieve when nations in the west speak about global dominance which is not in the interest of the world majority..
@@samueloabilemunyari3717 Yes, at the present time - most leaders in the West support Unipolar globalism, while some call this "our Democracy." They need to step back from this prima facie, while considering that mutually beneficial foreign policy {not feudalism or warring blocs} is the path to a constructive Architecture!
VIVA CHINA .. BRAVO ..
This is wonderful news 👏👍👏
Great video. I had not realized how developed the BRI and the alternate financial system actually is.
BRI is always reported negatively in Western, especially U.S. media.
China build infrastructures
USA destroy infrastructure
BRICS the way ❤
BRICS plus 4 - plus 40 in October?!
@@stevekaylor5606The acronym BRICS will have to be changed anyway because India will soon need to leave. It is not possible to reconcile such conflicts of interest
@@nyazee That may be, with India. Also, Saudi Arabia was slated to join about the time Ethiopia, UAE, Egypt and Iran joined - yet the Saudis have been under pressure from Unipolarists not to. Meanwhile, the IMF has opened a new office in Riyad. / This credit-for-development and trading group could become the BRICS plus 40 in October, then both nations can consider what their benefits might be. If there hasn't been a reverse-leveraged blowout of $2 thousand trillion by then - these changes in October could present an opening for all nations - to construct a New Architecture for Development and Security !
@@stevekaylor5606 Agreed
Well done. Thank you for share excellent info
Good job
Spread the word, Crossboarder Interbank Payment System (CIPS).
Bravo China
Det är dags för en ny ordning i världen som bygger på handel o välstånd, inte sanktioner o hot från hangarfartyg.
I support Russia and China from Australia 🦘
Me too from 🦘
Same
EXCELLENT MOVE FROM CHINA. LONG LIVE TO MY BELOVED CHINA.
China and BRICS
China and Russia want to see the world prosperity and peace… They invested Bomb on these projects…. As the rest of the world outside europe prosper BRICS nations will no longer need US and western market which will be minimized and in decay…
IMF,BISF,world bank are dodo.NGOs and with proxies are so yesterday in me now.Go’od riddance fulls stop.✊🏾✌️
Next China say no to united nation and icc
The US and Israel say NO to them whenever they want.
These institutions has been hijacked, but just leaving them isn't an option.
We have all noticed that the UN hasn't been able to prevent the US from anything they have wanted to do against other countries.
A remarkably ineffectual organization!
The rest of the world should form a consortium with China n Russia for world trade & development using BRIC an economic group.
BRICS : BRAZIL, RUSSIA, IRAN, CHINA, SOUTH AFRICA
It's always better to have multiple options, so not to be subjected to pressure by the US and other Western Powers.
Thanks. Good presentation. The music is slightly annoying as gets a little loud at times, keep it lower and it should be fine
This is so important to counter Corporate Media misinformation and blatant racism.
GOOD JO0B!
the debt trap by another name.
Very good strategy 👏👏👏👏👍👍👍👍👍keep going 💪💪💪💪💪
Informative. Good
Awesome
We support China, Russia, Middle East and Africa 💯✌🏾🤝🏽
US doesn't even owes a kilo metre of HSR. Very pathetic 😢😢😢
IMF forced many countries to follow its "suggestion" in order to provide the loan. Sri Lanka took the advice and it was a huge mistake.
The music isn't necessary...makes it look like an advert...
Good information research, love it.
All for justice, against oppression and injustice and evil
Excellent.
CHINA knows the importance of books of accounts, Inventories, restorations, TAXATION and registrations, it is efficient as well in its developments, shelf life realization and assets supplies reconciliations for some investments, acknowledging Western Standards, yet footed and Reconciled CHINESE Sovereign Independent States, accordingly that accounts and exercises rule of Law for most law offenders, be it its officials.****IMPORTANT***** this is NON AI standards of excellence for businesses, reconciliations of Investments, practices for societal developments, Industriousness of industries.*****IMPORTANT*****
Chinese smart and has wisdom
'China Says NO to IMF and World Bank: What Next?' Applause?
Next - via China's Global Development Initiative - International leaders must arrange an economic Development Architecture for the benefit of all nations!
When the planet is in peril, a new tribe will rise from all creeds and colors to make the planet green again.
BRICS is the fulfillment of a Native American prophecy.
Great Green Wall in China...established
Great Green Wall in the Sahel...established
Great Green Wall in Bharat/India...work in process
let's do this!
BRICS🔥
Excellent. Very informative and educating.
Great research,
Resisting the evil in all axis,
A lot of these large single Western international organisations are centered around USA's own interest, and USA themselves can always violate the rules, never get penalized, and all other member countries can do nothing about it too.
It is always good to have a 2nd competitive organisations to keep everyone in check.
Way to go ,,BRICS. Let IMF and WB bite the dust
Russia 🇷🇺 and China 🇨🇳 have my blessing from Australia 🇦🇺 🙏
The way the world is going, this was bound to happen 👍
Viva China
Viva BRICS
Viva Belt and Road
IMF is loan shark.
But you won't go to the loan shark if you have better options.
This might work!
Thank you, very much.
Very good contents..
Meanwhile IMF lends poor country loan and directs thier own financial rules.like they have directed our financial bodies to restrict investments in our nepal stock market😢
The best way to escape the west's yoke.
Very good summary....thank you...
World bank and IMF interest rate is among the highest until 15% which had make some countries bankcrupt for not able to repay it
I noticed this channel won't give a mention to BRICS as it is a collective idea of BRICS and not China's alone.
No IMF, because it is foreign companies
Are they going to charge these criminals with their many crimes.
CHINA!!!!!! ❤
Good bye dollars
A fixed Rate of Exchange!
After bricks currency these organisations will no longer usable
Great Asia Is REAL, Asia was and will always be The Greatest, That's why very poor western world colonize
WELL DONE CHINA 🥳👏👍🙏
Cheers to China not join IMF and WB...... (refer to history of indonesia join IMF & WB in Suharto era....) then you know
World bank, The reality -
Bank of America. International Monetary Fund (IMF) The reality - Europe
Monetary Fund (EMF).
The Federal Reserve and other Central Banks; the EU bankers' dictatorship!
Wonderful.
How do they say "£#@& off" in Chinese!??!!
Thank goodness for Russia and China.
TQVM to Fastepo for this informative and insightful video.
I am very happy to note that both the IMF and WB which have been used to subjugate and impoverish recipient countries have slowly been rendered undesirable.
right choice & derisk from US hegemony, control ,sanction & monitor around the world
Good
Who is the source of world inflation and wars?
What bank's are independent of IMF and WB on the high street