The U.S. accuses China of overcapacity. Here's what they really mean
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- Опубликовано: 11 май 2024
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news.cgtn.com/news/2024-05-13...
The petrodollar will depreciate like "a balloon when you untie it" if China's renewable energy boom leads to a drastic cut in fossil fuels, says American journalist and comedian Lee Camp. Even the New York Times reported that China's ability to provide low-cost green technology is "great news." The U.S. lags behind China in green energy, so it drums up China's "overcapacity." At the heart of it, it's the U.S. that seems to have an "overcapacity" of propaganda and lies.
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The US overcapacity on lies & propaganda 🤣🤣
LoL ha ha ha LoL
And crying and blaming others! Crybaby USA!😭😭
Hahahahaha...spot on!
And lacking brains
Don't forget US Dollars and Debt too
US printing of the dollar is overcapacity long time ago.
Economic collapse. If they continue printing Americans dollars.
"Overcapacity" - a brand new buzzword for desperate, straw-clutching American politicians who are jealous of competence and productivity, and hate the very idea of free markets and having a serious competition.
!
It’s not new. It was always a very important word in world trade. There just wasn’t a huge need to use it.
@@antpoo If there wasn't a huge need to use it then it was never very important. 🤣 In any case, the US makes it seem important now because has lost its competitive edge due to its undercapacity (a very important word for which there wasn't a huge need to use it 🤣).
@@befeleme no overcapacity was always important. I remember listening to a famous economist 8 years ago approx, He said the most important thing about an economy is its level of overcapacity, Bar none. I never fully understood what it truly meant, I guessed it meant that the economy that had the ability to overproduce was super efficient and liable to thus engage in mercantilism.
I’m just saying to those in the know, It was always important. But yeah once it goes mainstream, they buzz word the shit out of it.
@@antpoo When you are a manufacturer, and coming up with a new product or targeting a new market, then you absolutely must "overcapacitate". You build a factory, production lines and organize supply chains. You invest, take a risk and assume that the demand exists (or hope that you can create it by a mighty marketing push). If you fail, your investment will be wasted and you lose money. That's a risk you take; no risk, no reward. There should be nothing stopping your competitors from doing the same. Obviously Chinese manufacturers are prepared to take that risk. In the last century it was mainly the US and Japan who were leading the world in competitiveness. The pendulum of history has swung: The Chinese have reinvented competition, while the Americans forgot about it and now cry foul. It's kinda amusing to watch.
USA SOUR GRAPES 🤥😩😱 bad loosers🤣
Lee Camp is a great comedian and an excellent independent journalist.
yeah and his comedy is based on real life politics which made it much more interesting and highly instructive at the same time , like a introductory class of what US and Europe are doing wrong with humor . Lee Camp proof beyond doubts that you don't need to rely on insults ,trash talk ,denigrate others or Sexualize things with adult content ,to create humor for all society of all ages ,that is highly instructive at the same time. Lee Camp is a class on its own , and is very rare his skills to do what he does ,to combine political activism , with humor and make it funny same time.
That’s one intelligent American speaking from his heart and his brain. As a fellow American, I can’t agree more.
China’s vision is for a harmonious, peaceful, fair and cooperative world. The US’s vision is a world in which the US dominates and reaps the benefit above everyone else; a world of chaos, conflicts, divisiveness and wars where the nation with the biggest guns rules.
A tale of two nations. I know which nation I would rather root for - China, for the sake of humanity.
yup ... if you're interested in Commerce, talk to China. If you're interested in War, talk to USA.
I agree with you. Lee is an intelligent, smart, and honest person. He saves a lot of people in his way through his channel.
The basis of the fascist argument was that Lenin wasn't poor AND HEBREW enough for Marxists not to be racist at face-value, and that they "see eye-to-eye better" with Hebrews (because they are interchangeable with Hebrews). So, if "Russians" have ties to Israel rather than Israel having ties with "fascists EXCLUSIVELY", it's kind of a "sticky situation" which can't be undone without everyone getting educated about the social standing of "Jews" during Marx's time, as well as learning about Marx, and then coming to the same conclusion as "mine" (a conclusion with no idiosyncratic attributes), which is that it's a sticky situation which obligatorily complicates the role of every justice system. Maybe all the tensions have arisen for this reason: a "proper system" was not installed EVERYWHERE by Russia after Marx. "Russia" has been claiming to be "keeping track of history" (one would need to be worse off than deaf, dumb, and blind not to be able to keep track of history) in all these post-Marx years. Is the concept of living life as a "Russian" really as much of a tightrope walk as others ARE PRESUMING it to be (The same Russians who can't even distinguish them from "Jews" any longer), for Russians? Because it's sort of a tightrope walk, but theoretically there should be no risks. This is why China is the best place to live, and why everyone obeys China's command. Escape from it all and invite me to become a CN citizen so we can "just live life"!
The mystery remains: how can they have a history if they react the same way every generation (they seem strangely generationless/historyless) on the battlefield? It seems like "Russians" are taking the idea of defending themselves a little too far.
Brilliantly explained in three paragraphs and blatantly true !
There's no overcapacity for China but for US there is.
It is not China's overcapacity, It's the US' under capacity is the problem..
US overcapacity on underachieving!
perhaps some official from China should fly to USA and suggest USA has a military overcapacity.
Overcapacity on crying too much and blaming others for the problems that they create themsslves!
😂 good one
I’m glad this gentleman found his new home with CGTN. We need his voice in this world
Spot on Lee Camp 👍
Yes, they're right. It's backfiring... on the US!
How come we are not getting these cheap "overcapacity" good in us while we common people need to pay high prices?
China: Exports about 15% of its auto production.
South Korea: About 70% of the cars produced are exported.
Germany: About 75% of the cars produced are exported.
Japan: About 50% of the cars produced are exported.
United States: China’s automotive industry has overcapacity.
‘Overcapacity on propaganda and lies’ 😝🥳👍Lee brilliantly put!!
There is only overcapacity when the production capacity exceeds the potential sales capacity. Nothing could be further away from the truth though. Chinese EVs are sold overseas for more than double the price in China. Not China is the problem. The real problem is that the US cannot compete anymore on a global level.
The US overcapacity on selling low quality products at high prices! That’s why everybody would rather buy Chinese products!
Over capacity in printing U.S dollars 😂
Thanks brother for this excellent presentation of facts.
Great to see Lee Camp again!
Mr. Lee is spot on about EVs affecting Petrodollar. The world will not have to buy petrol in dollars for their EV cars and that means fewer chances of being blackmailed by the US.
hahaha
lee is always so sarcastic!
Love your analyses bro, pertinent and funny
Good job 😎
Nice, clear explanation. 👍👍👍
You are right only the combustion engine will backfire not the electric vehicles
There is an overcapacity of clowns in the U.S. government.
Always love hillbilly humors. Keep it up CGTN.
Lots of Americans citizens leaving USA 🇺🇸. Because inflation and everything expensive 👎🏻👎🏻👎🏻👎🏻👎🏻👎🏻👎🏻skyrocketed all over 50 states.
Chinese EVs don't even cut of your fingers like proper EVs 😂
Apparently backfiring is now being identified by forward thrust.
US overcapacity on underachieving!
The USuckicA’s Overcapacity on printing the U$D is definitely worse! THIS IS DEFINITELY MUSIC TO MY EARS AND TEAM CHINA ALL THE WAY!👍🙏🐲🐉🐼🌏🇨🇳🙂❗️
Imagine if china refused the USD in trade and demanded gold as payment USA would go bankrupt in a fart
I love the way how this guy speaks. Keep it up!
Just got our BYD here in the Philippines, so far, driving it feels great.
Heeee..............
Good 1 cgtn.
America's overcapacity in war, death, destruction and theft has left us in moral decay and financial bankruptcy
Well said Lee 👏👏
.....pipeline to Europe..lol
Love the video . Humor but facts
So funny...I mean Uncle Sam.🤣😅
😂😂😂😂😂
dang it, i missed redacted tonight..
😂😂😂 ... 👍☝️
100 points I give you for this video 🎉🎉🎉
I hope the US politicans are all watching this video !
Cheaper products would really help with this inflation.
Zero point free energy now!
. 🤔
😂😂😂
US Military Budget is Overcapacity touching 1 Trillion Dollars Soon LoL.
The basis of the fascist argument was that Lenin wasn't poor AND HEBREW enough for Marxists not to be racist at face-value, and that they "see eye-to-eye better" with Hebrews (because they are interchangeable with Hebrews). So, if "Russians" have ties to Israel rather than Israel having ties with "fascists EXCLUSIVELY", it's kind of a "sticky situation" which can't be undone without everyone getting educated about the social standing of "Jews" during Marx's time, as well as learning about Marx, and then coming to the same conclusion as "mine" (a conclusion with no idiosyncratic attributes), which is that it's a sticky situation which obligatorily complicates the role of every justice system. Maybe all the tensions have arisen for this reason: a "proper system" was not installed EVERYWHERE by Russia after Marx. "Russia" has been claiming to be "keeping track of history" (one would need to be worse off than deaf, dumb, and blind not to be able to keep track of history) in all these post-Marx years. Is the concept of living life as a "Russian" really as much of a tightrope walk as others ARE PRESUMING it to be (The same Russians who can't even distinguish them from "Jews" any longer), for Russians? Because it's sort of a tightrope walk, but theoretically there should be no risks. This is why China is the best place to live, and why everyone obeys China's command. Escape from it all and invite me to become a CN citizen so we can "just live life"!
The mystery remains: how can they have a history if they react the same way every generation (they seem strangely generationless/historyless) on the battlefield? It seems like "Russians" are taking the idea of defending themselves a little too far.
Have you no shame? 🤣🤣🤣
Love Lee Camp, Always and Forever.
OVERCAPACITY LOL AND LOL
Given her build, 'ovacapacity' was the rong term 2use IMO
The US is over capacity in Printing US $ Notes
I love China! ❤
I thought WTO practises free trade.
😂😂😂 ❤❤❤ 😂😂😂
Out competing is a better term
Why the Big F I'm watching Russian TV ???
Providing non stops goods, products and services towards the Supplies change... is not overcapacity is more like restocking for the whole world ahead...
And how about salt water rice seeds going to feed millions😁
Lee camp as always, bro stop spewing truth🤣
Chinise president Xi jin pin need to visit to SriLanka not enough to europe..
Sri Lanka is in the US and Indian pocket. Can't be trusted.😂
The energy saving CFL or LED light bulb that replaced that incandescent light bulb is only possible because of China ...99% of all global households use them now we take it for granted ! If any one person that has made a greater contribution to energy saving light source it is Japanese inventor Shuji Nakamura for perfecting the elusive blue LED and the country that Single-handedly making them affordable is China !
Is he on medication?
Hypocrisy of John Kerry huh th climate change expert 😱😂
😃😁😆😅😂💯✅👏👏👏👏
Only ignorant people be,ieve the narrative aboit over capacityl most cpu trues produce things they can't consume and these are exported., US has gigantuc agricultural ind7strues and export massive volumes to tje world. Middle Eastern countrues have enormous oil and gas production which are exported.
Western countries produce large quantities of machineries and cars which arevall exported.
Apple cell phones are sold in massive number all over the world !
Germany exports 75 % of its cars, Japan exports 70 % and Korea 50 %.
Are these all pver capacities. Or is it only,y the west and its close allies are alloeed to exoort and the redt can't ?
😂😂😂