Is China Imploding? | Michael Howell and Jimmy Connor

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  • Опубликовано: 27 сен 2024
  • Michael Howell, Founder and CEO of CrossBorder Capital, discusses the implications of China's historic stimulus package and interest rate cut. Now that the world's two largest economies have cuts interest rates, what does this mean for the global economy?
    CrossBorder Capital www.crossborde...
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    If you register for this webinar/interview you agree to the following: This webinar is provided for information purposes only. All opinions expressed by the individuals in this webinar/interview are solely the individuals’ opinions and neither reflect the opinions, nor are made on behalf of, Bloor Street Capital Inc. Presenters will not be providing legal or financial advice to any webinar participants or any person watching a recorded version of the webinar. The investing ideas and strategies discussed on this webinar/interview are not recommendations to buy or sell any security and are not intended to provide any investment advise of any kind, but are made available solely for educational and informational purposes. Investments or strategies mentioned in this webinar/interview may not be suitable for your particular investment objectives, financial situation, or needs. You should be aware of the real risk of loss in following any investment strategy discussed in this webinar/interview. All webinar participants or viewers of a recorded version of this webinar should obtain independent legal and financial advice. All webinar participants accept and grant permission to Bloor Street Capital Inc. and its representatives in connection with such recording. The information contained in this webinar/interview is current as of September the 26th, 2024, the date of this webinar/interview, unless otherwise indicated, and is provided for information purposes.

Комментарии • 76

  • @BloorStreetCapital
    @BloorStreetCapital  День назад +7

    What are your thoughts on Michael's analysis? If China has implemented such a massive stimulus package does this not mean things are much worse in China then anyone knows? China has the 2nd largest economy in the world representing 20% of global GDP. The implications for the rest of the world are significant.

  • @ilichio
    @ilichio 8 часов назад +7

    😂 imploding china story is getting old.

    • @quietus13
      @quietus13 6 часов назад

      China has been on the brink of collapse for 20 years

  • @8DoM
    @8DoM 12 часов назад +5

    What this channel needs is more ad breaks.

  • @ethanoswald355
    @ethanoswald355 13 часов назад +6

    As Michael mentioned, all financial crisis come out of excessive debt disasters and the current situation is '08 x 10

    • @BloorStreetCapital
      @BloorStreetCapital  13 часов назад

      Thanks for the comment Ethan! Yes that was an interesting point about all financial disasters stem from excessive debt.

  • @AndyHuang-gz7is
    @AndyHuang-gz7is 13 часов назад +6

    Nope. Wishful thinking. See SEAN FOO, Prof. Michael Hudson, Prof. Richard D. Wolff, Prof. Jeffrey Sachs, and so forth.

    • @BloorStreetCapital
      @BloorStreetCapital  13 часов назад

      Thanks for the comment Andy, I will check them out!

    • @radosval
      @radosval 8 часов назад

      I used to follow Sean Foo, and concluded that he is a bit of a clown and I wouldn't take him too seriously.

    • @lawLess-fs1qx
      @lawLess-fs1qx 5 часов назад

      ha-ha, Foo is a complete clown. Michael Pettis is a genuine china expert working in China. Love Sachs but he knows sweet fa about China compared to Pettis.

  • @richardsharpe5878
    @richardsharpe5878 13 часов назад +4

    Great discussion, Michael always has interesting and logical insights.

    • @BloorStreetCapital
      @BloorStreetCapital  13 часов назад

      Thanks for the comment Richard! Yes he does and he can take a complex topic like China's stimulus program and relate it to how it will impact the ROW.

  • @PeterStevens25
    @PeterStevens25 13 часов назад +12

    How do most of you guys still making profit? Even with the downturn of economy and ever increasing life standards

    • @LisaJackson198
      @LisaJackson198 13 часов назад +1

      As a beginner, it's essential for you to have a pro or a very good trader to keep you accountable.

    • @LisaJackson198
      @LisaJackson198 13 часов назад +1

      Someone like expert Mary Patricia Hester

    • @William_Green297
      @William_Green297 13 часов назад +1

      Omg! Mary's strategy has made winning trades a regular occurrence for me as well! It's a huge milestone when I think back on how it all started.

    • @-qj3h
      @-qj3h 13 часов назад +1

      Amazing! I'm so surprised to see Ms. Mary being mentioned here under this comment!

    • @Mark_lee567
      @Mark_lee567 13 часов назад +1

      Trading is difficult, I'd spend the five grand on education for trading. It's not easy. Investing is different, that's easier. Short term or long term gain is the question.

  • @bullishforgold8790
    @bullishforgold8790 13 часов назад +4

    Thanks Jimmy and Michael! I agree with you no one knows whats is going on in China but I think these policy changes signifies how bad things are there. Its another financial pandemic and its out of control. I agree with Michaels assessment on gold and bitcoin. JUST BUY!!!!

    • @BloorStreetCapital
      @BloorStreetCapital  13 часов назад

      Thanks for the comment and for taking the time to join us during the RUclips Premier! Go Gold!

    • @Alex-o1u2g
      @Alex-o1u2g 11 часов назад

      Things are bad everywhere, China has already hit the bottom, and US has not yet

  • @jimallen833
    @jimallen833 13 часов назад +3

    Always good discussion with Michael Howell, thanks

    • @BloorStreetCapital
      @BloorStreetCapital  13 часов назад

      Thanks for the comment Jim and for the ongoing support!

  • @graceamsterdam5404
    @graceamsterdam5404 13 часов назад +4

    Thank you.

    • @BloorStreetCapital
      @BloorStreetCapital  13 часов назад

      It's Jimmy Connor, thanks for the comment grace and for taking the time to view our content!

  • @manfredh.7460
    @manfredh.7460 6 часов назад +1

    Not easy to follow, time stamps would have been helpful.

  • @PonziZombieKiller
    @PonziZombieKiller 8 часов назад +2

    They wont be buying teslas they wiill buy food.

    • @trentlyght2350
      @trentlyght2350 8 часов назад

      Nor apartment homes…that’s scam has run its course

  • @Paul-v2h
    @Paul-v2h 8 часов назад +1

    Great Guest. This guy knows HIS Stuff!

    • @BloorStreetCapital
      @BloorStreetCapital  8 часов назад

      Thanks for the comment Paul and for the ongoing support!

  • @fff355
    @fff355 7 часов назад

    It has imploded but it’s not contagious to the financial system especially to the world

  • @advocate1563
    @advocate1563 8 часов назад

    Terrific interview - I really like Michael's clarity and focus on liquidity. He gets into the weeds of the system, but in a way that even I can understand. Good questions, excellent guest. Nice :)

  • @Carol-cb9yu
    @Carol-cb9yu 8 часов назад

    "It ain't gona do it"?? I always listen to Michael Howell. You get the whole subject wrapped up and tied with a bow.

  • @FirstLast-rw3gd
    @FirstLast-rw3gd 7 часов назад

    Was this interview before or after the second announcement from china?

  • @peterbedford2610
    @peterbedford2610 9 часов назад

    Howell is usually on point. In a debt saturated world, being able to roll it over is huge.

  • @winglo1697
    @winglo1697 7 часов назад

    Yes,China will, right after the U..

  • @fff355
    @fff355 7 часов назад

    China is still manufacturing

  • @jarinorvanto4301
    @jarinorvanto4301 9 часов назад

    We're talking big digits...

  • @christopherleone2996
    @christopherleone2996 7 часов назад

    "Balance sheet recession"

  • @g4joe
    @g4joe 7 часов назад

    No, but USA is. 👍🇬🇧

  • @IbrahimKone-ix4qi
    @IbrahimKone-ix4qi 8 часов назад +1

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

    • @OdessaYeva
      @OdessaYeva 8 часов назад

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

    • @YevaSonia
      @YevaSonia 8 часов назад

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

    • @OdessaYeva
      @OdessaYeva 8 часов назад

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

    • @YevaSonia
      @YevaSonia 8 часов назад

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

    • @IbrahimKone-ix4qi
      @IbrahimKone-ix4qi 8 часов назад

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

  • @JosephFernando34675
    @JosephFernando34675 9 часов назад

    No it’s not

  • @Brisamars-q1c
    @Brisamars-q1c 9 часов назад +2

    This guy's got it wrong. There's plenty of liquidity, people have hoarded massive savings.