The current market/economy is unnecessarily tougher for boomers/senior citizens, I’m used to just buying and holding assets which doesn’t seem applicable to the current rollercoaster market plus inflation is catching up with my portfolio. I’m really worried about survival after retirement.
Yes, gold is a great investment and a good bet against the devaluating dollar, been holding some for awhile now, I’m grateful my adviser’s moment by moment changes in the market are lightening quick, cos who know how much losses I would’ve had by now.
I envy you, I’m still trying to recover from losses I incurred in 2021/2022, who is this investment adviser you work with, I’m intrigued and I could use some quality guidance
My CFA ’Melissa Terri Swayne’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
In every crisis, there is an opportunity," as the saying goes. The 2024 recession, while challenging, presents unique avenues to amass wealth. First, it's essential to remember Warren Buffet's advice: "Be fearful when others are greedy, and greedy when others are fearful." During recessions, assets often undervalue. By investing wisely in stocks, real estate, or businesses during this downturn, you position yourself for significant returns during the economic recovery.
An obvious way to invest for a recession is to buy shares in businesses that are likely to experience steady demand even in a downturn. Typically, those are consumers staple, utilities and healthcare companies. But of course, such decisions can’t be made by an average joe, a financial advisor is highly recommended in making this decisions..
Since the outbreak of 2020, which had a significant impact on the market, I've been running all of my investment decisions through an investment coach because their entire philosophy is centered around using a high-profit oriented blueprint while simultaneously going long and short, as well as reducing risk exposure as a hedge against inevitable downtrends. Underperforming is almost impossible when combined with their access to strange data and analysis.
Natalie Marie Tuttle is my Advis0r. She has since provided entry and exit points on the securities I concentrate on. If you want to check her out, you may do so online. I usually trade in accordance with her strategy.
Thanks, I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a call.
Some economists have projected that both the U.S. and parts of Europe could slip into a recession for a portion of 2023. A global recession, defined as a contraction in annual global per capita income, is more rare because China and emerging markets often grow faster than more developed economies. Essentially the world economy is considered to be in recession if economic growth falls behind population growth.
It's a delicate season now, so you can do little or nothing on your own. Hence I’ll suggest you get yourself a financial expert that can provide you with valuable financial information and assistance
Very true! I've been able to scale from $50K to $189k in this red season because my Financial Advisor figured out Defensive strategies which help portfolios be less vulnerable to market downturns
When ‘Carol Vivian Constable’ is trading, there's no nonsense and no excuses. She wins the trade and you win. Take the loss, I promise she'll take one with you.
Probably inevitable, but could have been delayed if they hadn't decided to take 3 years off from the workforce and spending massive amounts of money keeping people locked down. Accelerated economic suicide is what we're witnessing.
Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
Things are strange right now. The US dollar is becoming less valuable because of inflation, and other powerful nations waking up to trade in their own currencies. Good thing is, a lot of people still turn to the Dollar because of the safety is somehow assures. I'm worried about my retirement savings of about $420,000 losing value because of these factors and more. Where else can we keep our money?
Well, I suggest you make a diversification plan because it's been harder to build a good portfolio that stays afloat since COVID. Personally, I garner knowledge from a brokerage Adviser whom I work with, and I've actually made over $350K with their help since February. Very effective defensive strategies are used to protect my portfolio and make profits despite the ups and downs.
@@PhilipDunk I find this intriguing. Could you please provide me with the means to get in touch with your Adviser? I am concerned about my dwindling portfolio.
I've shuffled through a few advisors in the past, but settled with “Vivian Carol Gioia” her service is exemplary. I'd suggest you research her further on your browser, sure you'll find her basic info.
In the midst of the ongoing economic turmoil, a substantial segment of the American populace faces hurdles in achieving a satisfactory retirement. For numerous individuals, their retirement funds lack the essential sum needed. In this scenario, a critical query emerges: should I consider withdrawing funds from my 401k to acquire real estate, or should I opt for diversifying my investment portfolio into stocks to secure a consistent cash flow? Ultimately, my objective revolves around sustaining a post-retirement lifestyle that harmonizes with my preferences and necessities.
Over an extended period, bonds and other fixed-income instruments have been relied upon to generate the necessary yield, ensuring a stable income stream for retirement necessities. The significance of ensuring financial security might be the driving force behind why individuals from the boomer generation are increasingly seeking guidance from advisors when planning for retirement.
Many individuals tend to underestimate the significance of advisors, only realizing their importance after being adversely affected by their own emotional decisions. Seeking a robust retirement plan strategy, I sought the expertise of a genuine market strategist. This engagement resulted in revitalizing my $700k portfolio, leading to an impressive enhancement in performance and returns, achieving a remarkable 40% increase in just over four years.
A wealth of valuable insights has been shared in this forum. I find myself at a critical juncture concerning my portfolio, aspiring for its growth as I approach retirement. How can I establish contact with this esteemed professional for guidance?
'Stacie Lynn Winson' is the one who deserves credit as one of the finest portfolio managers in the industry. Her reputation precedes her, and I highly recommend exploring her work and locating her online if you are internet-savvy
Excellent share, just inputted her full name on my computer and searched online to find her webpage, top-notch credentials. I've seen commentaries about advisers, but not one looks this phenomenal.
I'm more concerned about the storm clouds forming here at home. We've been whistling past the graveyard, but not for much longer. We have 6 trillion dollars in commercial real estate debt, and the defaults are rolling in. When the "Everything Bubble" pops, it's going to be a long way down.
At least in China the people know that the government owns all the land and here in America we are under the assumption that we own the land but we really don't they can take it from you if they want 😂😂
i've been searching for this comment... we don't own homes in canada... the government does.. anyone say we do, try miss a couple property tax payments, see if the house is still yours.
Property tax is paid to local a municipality which keeps our towns clean and running. Big cities have failed in this. Federal income tax should be abolished with the exception of FICA, Medicare,SS.
As a foreigner who lived through the entire duration of zero covid for the past 3 years in China, this is by far the most objective commentary I’ve seen on RUclips to date. Economists and business leaders are voicing concerns at the start of 2023 that the year could be a difficult one. JPMorgan Chase & Co. Chief Executive Jamie Dimon said Tuesday that the Federal Reserve may need to raise interest rates to 6% to fight inflation, higher than the peak level between 5% and 5.5% in 2023 that most Fed officials penciled in after their December meeting. Although I read an article of people that grossed profits up to $500k during this crash, what are the best stocks to buy now or put on a watchlist
Emotionally-charged decisions to sell off large quantities of stocks or other investments now lock in your losses, removing any chance for future growth.
A 2020 Northwestern Mutual study found that 71% of U.S. adults admit their financial planning needs improvement. However, only 29% of Americans work with a financial advisor.
Very true, a huge part of my portfolio growth has come during this bear market. I've been able to scale from $180K to $572K in a short period of time. I basically was just following the steps and guideline from my financial advisor. as long as you've professional help, you're good to go
Finding financial advisors like Julie Anne Hoover who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
Most of my relatives are in Shanghai, almost every family own more than one property and most have no mortgage payment, no tax, some condo fees. My mom owns two 3 bed rooms condo ( empty, not for rent) and she rents a 2 bed room condo in downtown area ( 2 minutes walking distance to subway). My mom's landlord has 3 luxury condo units and he got it from the government for free. China is slowing? Yes. Having problems? Yes. But it is not easy to understand what will happen next. The whole western economic professors have been saying China is collapsing very soon for the past 20+ years. I just want to say it is not easy to understand China. If you can not read Chinese, it is even more difficult because you only can get info from the western medias. Do you normally trust the local medias?
@@xps1997 I don't know. I invest all my money in Canada where I live. Most in Canadian banks TD, RY and I have more than 1M profit so far. For most people, the US and Canada stock market are already enough.
We know a lot of this is propaganda. It seems like there is a weird fascination of China where for some reason we get comfort from their perceived problems. Our elites monetized our economy in the 70´s and 80´s and sent their manufacturing to China. Our REAL economy has ebbed and yours flowed. If China sends their manufacturing to Africa, Bangladesh, Vietnam..... it will happen to you too. Slighted elites in our country (if China invades Taiwan) who lose their chip manufacturer- would probably start WW3. We all would be the victims of machinations of psychopaths.
It's been happening for a few years now. They're not the first company to default. All of the big development companies were taking down payments in advance of building the homes and using that cash to pay for the ones they had not already finished building. They were relying on there being no end to people that would buy from plans which was stupid it would only ever require one slow down before they couldn't finish something they had started which would then loose the confidence of people that had already started paying on those properties. In some places official's have already stopped allowing people to withdraw their cash so it's that bad already. The CCP won't allow people to take money out China so the capital flight to the extent mentioned in the video is unlikely. There is only really one method and that's using casinos in Macau, where cash will be turned into chips which are honoured by the casinos International venues. You can expect that to be stopped though. There was another method, when Ji said wealthy Chinese people could take funds out of the Country to invest in sports (particularly football ⚽️). That's why around 7 - 8 years ago you saw massive Chinese investment in European football teams, but they were all using the method to get cash out of China, rather than being genuine about running football clubs. When it became noticed what was happening, Ji put a stop to it and loads of football clubs ended up struggling and many were sold at a loss. I only mention all of that to show that their government is more than likely to take steps to prevent other methods of capital flight.
He has no idea how things work in CΗίΝα. They are not capitalist, nor ΚοΜΜυΝιςτ. CΗίΝα is winning, he just doesn’t understands how. Same goes for Rυςςια. They are not limited by the same rules as we are.
BUT SIR MY INDIA IS THE REAL SUPERPOWER NUMBER ONE🤗🇮🇳 WE HAVE THE BEST INFRASTRUCTURE AND HIGHSPEED RAIL 🤗🇮🇳 MEANWHILE IN CHINA PEOPLE STILL RIDE RICKSHAW EVERYWHERE AND THEY ALSO POOR DONT HAVE CAR . THIS WHY IM SO LUCKY LIVE IN SUPER INDIA THE CLEANEST COUNTRY IN THE WORLD 🇮🇳🤗 , WE NEVER SCAM! WE GIVE RESPECT TO ALL WOMEN THEY CAN WALK SAFELY ALONE AT NIGHT AND WE HAVE CLEAN FOOD AND TOILET EVERYWHERE 🇮🇳🤗🚽, I KNOW MANY POOR PEOPLE JEALOUS WITH SUPER RICH INDIA 🤗🇮🇳🤗🇮🇳🤗🇮🇳🤗🇮🇳🤗🇮🇳🤗🇮🇳🤗🇮🇳🤗🇮🇳
Some homeowners were paying as much as 80% of income to sustain their mortgage and they thought it was fine because the value would continue to go up indefinitely.
i watched another mini docu series about the Chinese and real estate. The mass majority of people in China believe property/homes are the absolutely best investments, its like 80% of the population puts there money in real estate compared to less then 20% in the US. Owning land/property in China also gives those citizens rights like being allowed to marry... eye opening when you look into the big picture.
Yes, I went down this rabbit hole a few months ago. Real estate is horrible over there, they pressure the working population to purchase before the build and they buy, and buildings ARE DANGEROUSLY UNFINISHED. I don’t know what they are mixing in their concrete, it crumbles after a short time. Sad.
What you say is dumb and stupid!!! How can simebody pressure you to buy if you don't want to? The truth is the chinese prefer to invest their money in homes/apartments and not the stockmarket. Those the west call "ghost cities" have all been bought and paid for, some still remain sparsely populated because the owners have other homes they live in.
BUT SIR MY INDIA IS THE REAL SUPERPOWER NUMBER ONE🤗🇮🇳 WE HAVE THE BEST INFRASTRUCTURE AND HIGHSPEED RAIL 🤗🇮🇳 MEANWHILE IN CHINA PEOPLE STILL RIDE RICKSHAW EVERYWHERE AND THEY ALSO POOR DONT HAVE CAR . THIS WHY IM SO LUCKY LIVE IN SUPER INDIA THE CLEANEST COUNTRY IN THE WORLD 🇮🇳🤗 , WE NEVER SCAM! WE GIVE RESPECT TO ALL WOMEN THEY CAN WALK SAFELY ALONE AT NIGHT AND WE HAVE CLEAN FOOD AND TOILET EVERYWHERE 🇮🇳🤗🚽, I KNOW MANY POOR PEOPLE JEALOUS WITH SUPER RICH INDIA 🤗🇮🇳🤗🇮🇳🤗🇮🇳🤗🇮🇳🤗🇮🇳🤗🇮🇳🤗🇮🇳🤗🇮🇳
I think this sort of video shows the value and strength if this program and his talents to present better. He does both interviews and summary analysis well. Finding the right balance is part of the magic and challenge.
If China's economic crisis triggers a market crash or a financial crisis, it could send shockwaves through the stock markets worldwide. I’m worried about my investment of over *$600K* stocks. Is this a time to consider diversifying my portfolios?
If it takes a hit, it might lead to reduced consumer spending and overall economic instability. I advice you consult with a professional about your investment portfolio.
Instead of panic or following a hearsay, I simply adopted the service of an advisor early 2020 amid covid-outbreak, and so far, I've attained my most measurable financial milestone of *$650k* after subsequent investments of *$80K*
That's quite incredible! My p0rtfolio has been performing poorly and it's down 25%, therefore I could really use their advice. Who is the advisor? how can i contact them
You are one of the most sophisticated and brilliant RUclipsr/content creator I watch, and 1million percent the very best in finance. I appreciate all of your content thank you for VRE80H much love from Chicago
Over on wall street stuff on reddit, people talk about companies preventing prices dipping too low because they'll buy it. Disney was doing it and can't afford to anymore. Other companies are buying and selling their own when it goes one point down to make it look better. That won't bite them in the butt because bank loans and cd's were at an all time low. The ones holding the bags that'll blow up now are the banks because the feds lowered the interest rates so much and the banks can't take more loans because that's what they did to max capacity to make things look better in the last 3 years. Only the super rich can make money now and convince us to accept centralized banking and mandatory fees business can't afford to charge anymore while getting rid of checks so people can try to avoid the fees.
because most of the losses related to the markets is localized to China rather that the rest of world. For example the US has 500 billion exposure, sue the loss of part of this would hurt the US but not too much. Nothing like the GFC.
I live in China and used to teach for Country Garden. They owned everything in the town, the condos, the commercial property, the hotels and even the school. There are vacant apartments everywhere. I have a brand new 3 bedroom 2 bath apartment furnished for only $285.00 USD per month. I'm 30 minutes from Macau and 1.5 hours from Hong Kong too. Thank God I don't work for Country Garden anymore. I'd be worried I wasn't going to get paid.
China plan longterm, they project how the population would grow and build for that. Eventually in a few years that group of apartments/communities would be filled up just like what happened to these hundreds, probably thousands, of mini cities built since the 1990s.
0:28: 🏢 China's biggest real estate company, Country Garden Holdings, missed a debt payment, raising concerns about the real estate market in China. 2:51: ! The real estate sector in China accounts for 30% of the country's total GDP, leading to significant impact on the economy. 5:38: 🏢 Real estate is a popular and trusted investment in China. 7:58: 📉 China's rapid urbanization and economic growth has led to challenges including inventory shortages, customer dissatisfaction, and deflation. 10:11: 💰 China's economy is experiencing rapid growth and a potential bubble, leading to concerns about a possible crash similar to Japan's in the past. 12:55: 💼 The speaker discusses the potential negative consequences of China's rapid economic growth and overproduction. Recap by Tammy AI
What Ever Stagnation happens to China we’re so Dependent on Them Will eventually Affect US!! That’s one of The Reasons It’s No Longer Country’s running themselves its all the Globalist Controlling The entire World! Economy’s!!!
And how much real estate in the USA, especially in California have the Chinese bought up? More than Americans… they are flush with cash and gobbling up single family homes.
@RD22 Thats actually misinformation. Those so-called "ghost cities" from the past are now mostly all occupied. Not even sure where he got that 65-90 million figure from. Surely hes not just taking it from some unverifiable MSM article...
You should look into the average house in Vancouver/Victoria and other major cities like Toronto. If you live in one of our major cities in Canada, with a regular 9 to 5 job, you cant afford a home.
I've been diligently working, saving, and investing toward financial independence and early retirement, but the economy since the pandemic has eaten up the majority of my $3 million portfolio. I want to know: Do I keep contributing to my portfolio in these unstable markets, or do I look into alternative sectors?
I stopped listening and taking financial advise from these RUclipsrs, because at the end of the day, I end up with a bunch of confusing stocks without knowing when to take profit, In reality, all I needed was professional advice.
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?
My consultant is NICOLE DESIREE SIMON She has since provide entry and exit points on the securities I focus on. You can look her up online if you care for supervision.
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
Homes in Japan are typically worth less by the time they are paid off than when they are purchased. Helps explain why no one is interested in getting a mortgage and buying a house.
From what I've learned, a big part of the reason is when Ronald Reagan halted buying chips from Japan. I could be wrong, it was a Johnny Harris video. 😅
@@twerkysandwich64 Johnny Harris outright lies or leaves out crucial information in his videos almost every time he makes something. Which is a shame because the videos themselves are wonderfully presented and very well edited.
China came onto the world economy stage back in the 1990’s! That is probably a big reason for Japans’s declines. Japan’s median population is getting older too!
With rates climbing like never before in ’23 coupled with uncontrollable inflation, and our own mortgage at now 7.42% what are the best alternatives/strategies for avoiding a crunch and maximize my savings other than moving in to an RV with my two kids and wife.
You are not alone we can no longer afford our mortgage, husband wants us to travel or relocate/I am proposing cashing in, walking away and renting while putting the rest in the stock market.
We own a few rented apartments but don’t wish to sell them or make the tenants uncomfortable by inflating rents however I am being more cautious than ever with rising costs.
Affordable housing is no longer available so you are a good person to do that for people under your roof. What you want to do I will advise you do it now because the prices you see today will look like dips tomorrow.
If you are in cross roads or need sincere advise on the best moves to take now with financial markets will be best you seek a fin-professional with fiduciary responsibilities who knows about mortgage-backed securities for proper guidance.
China will be fine. It's the West that is in decline. Moral decline (what is a woman) and well, economically the wealth gap is discouraging any involvement from the new generation of workers - hence why the West imports migrants
A sofa analyst. BS non-stop. US will collapse much faster. When the bonds will be sold out, the US dollar will have no value. Covered by nothing. All the others are backing their currency in gold. Petro-dollar is disappearing...it looks like the american dream became a utopian one.
It's important to note, although their local economy is heading straight into the Greatest Depression, Chinese manufacturing has moved overseas (much like NAFTA) to Cambodia, Vietnam, Africa. So Chinese Stocks will remain solid and they can hide the devastating loss of life that is yet to come.
>So Chinese Stocks will remain solid and they can hide the devastating loss of life that is yet to come. how convenient, so you can claim collapse happened anyway despite nothing happening at all, nice
Gordon Chang has been saying for years, yet it still hasn’t happened. How are they able to buy so much here in America if they have no money? From land near military bases to buildings and food processing plants and farm land, it just keeps going.
The millions of California houses bought by the communist Chinese should be confiscated to help reduce the housing shortage for American families. It's just money laundering of corruption money ... and the property rights are not reciprocal for an American expat (anywhere in Asia).
America may be leading the push of NATO but that is because of foreign actors who have taken over the government. The American people, more than60%, have had enough and will resist tyranny. China on the other hand is vastly corrupt and their system of communism will not last. Too many billionaires and millionaires are attempting to leave China because they know the economy is a lie. It will not last and the people are waking up to the lie. @@aa-hb3tg
Billionaires are almost always a valuation issue not income. China has figured that by knocking billionaires there is no real loss to the middle classes. As long as the company still works and the employment continues the loss of billionaire wealth is just a number that affects the “controlling family” who rarely go bust just because of loss in valuation. They still have their companies and the millions in income remain.
A major part missing from this story is the hukou system; in China, you can't just move to a new place at a whim, as your access to health care and other services is tied to the place of your birth via a hukou registration. There are two main ways around this: get a job offer for a qualifying profession (something degree related, we aren't talking basic labor), or buy a home. Renting is not sufficient, you have to buy it. This is what drives a lot of families to buy homes at irrational seeming prices; they want their kids to attend school and grow up in a middle class, more affluent setting.
@@nicklibby3784 I believe it is typically 70 years. There is a process by which the lease is renewed however, at minimal expense or uncertainty, so the anticipation among buyers is that property rights will be retained in perpetuity. The pace of development has been so rapid, that in recent decades, long before the lease expires, a developer will buy everyone out at a handsome profit and knock down the building. I am not an expert in any of this, just heard things from casual conversation with Chinese people.
This is very interesting to me as I live in Canada which has a similar situation to China. Canada is dealing with it by bringing in millions of immigrants to force demand for housing. I also have a small business in China which has tanked like crazy since 2020. Consumer spending is low everywhere, but in China it is really low. The large companies are all making massive cuts and really focusing on the areas that are making money.
Same in Australia with extremely high immigration policies. We're talking 3 to 4% increase a year of the country's population, with a falling birthrate.
housing crisis is temporary, importing the third world and then waking up in a slum ruled by retards is only inevitable if you choose this path. Enjoying machette attacks much
I can’t even start to explain how much I love to listen to these clips of world news/issues in the horizon that most people don’t seem to capture in the present moment. Props for these videos and keep them coming 👌🏼💯
This video is a game changer, I have been looking for the best way to increase my income and start up my retirement, but I really do not know much about investments and trading stocks. I keep postponing every single day that passes, but I want to begin now. How should I start? What do I need to know?
I know I can't do any investment by myself, because last time I tried, I lost all my money. I am serious and interested but also scared of losing money now. What can I do not to end up with same result as last time.
I have done some research, and what I need is an excellent financial advisor to assist me with what I want to do. A good recommendation will do. Thanks.
i'm not sure if you are omitting information on purpose, but the crazy growth of japan you talk about, it was usa policy that stopped it & nothing else.
really cool to see a western podcast spotting on the Chinese Issues instead of cliches. Would like to share stories and thoughts on the topic as a resident but the language barrier is huge in terms of deep conversation
I really appreciated this video, as a medium-term VRE80H holder. I know you commented on not many people paying attention to this, but it was very relevant for holders such as myself. After watching your thoughts, I willbuy more. I also remember your earl
I don't know what VRE80H is, but based upon the number of scam comments I see, I know I want nothing to do with it. so in a way, their effort have value! 😂😂😂😂
Great content as always. I do wish there was more counter content to underscore the intended message. Ex: charts are sexy. Communicating how numbers tell a story can be even more intriguing in the sense that the whole story is ever evolving. Always love a good conversation. Thanks for the content!
or the alternative of finding a way to continue livng our insane lives where we ingest massive amounts of chemicals, electromagnetic radiation, and caffeine in a sad attempt to forget we are even breathing and wander through our day like zombies with a craze for consumption might be to live more simply, feel the dirt under our feet, breathe in the fresh air, and be human beings instead of robots... and the sad thing is that most reading this comment will probably laugh at me and think... what a moron...
One thing that you need to add is that many of the buildings they are built are called "Tofu Dregs" because they are so badly constructed, they are literally falling apart. Corrupt builders were taking the mortgage payments that the people made and, instead of finishing the buildings properly, used shoddy construction and used the money to start more buildings. Many of these places are not even finished.
Yeah. All their high speed rail are photoshopped. They only built very few slow rail and all of them are collapsed. They also have fake high buildings. If you search top N tallest buildings in the world, the wikipedia shows out of top 20, 10 are Chinese buildings. They are fake. The wikipedia page are edited by CCP. They even edited a video on Mar 15, 2018 showing a bridge collapsed, and claimed it's in Miami. That's impossible. Murica doesn't have any Tofu projects.
the issue is grossly overstated, You'd think buildings were collapsing left right and centre because of that but it almost never happens. The finish quality might not be very good but guess what, the underlying concrete is still gonna be there and you can pay abit more finish it nicely.
I guess the video I saw which was made by men who lived there of buildings collapsing and one of them grabbed a whole corner of a building and pulled it off was fake. Who knew?@@hughmungus2760
apocalypse for who? president XI repeatedly said markets need to crash to bring habitation at an affordable level, so that is what is happening now, so why is it apocalyptique?
@potatopower2144My guy, American Conservatives, like valuetainment, hate China with a passion. China's gdp will grow with 5%, the US gdp with 1,3%.. these "China will collapse", headlines are there since early 2000.
I love Patrick. I come from a corporate background and had some incredible leaders and since being an entrepreneur on my own I haven’t really found a mentor in real life, and so I’ve sourced many online, there’s been terrific “specialised” mentors out there but a business man Patrick is the ONE! I could listen to him, absorb and learn for hours!!! He’s brilliant! Imagine him working for someone 😅 no ways .. 😂😂 Some people are born for leadership.
PBD, your show is one of the best and most informative & relevant on RUclips. Happy for your success and it has been great watching your rise in popularity. Keep it up!
How many words per minute does Pat speak at? Phenomenal speed of delivery. On topic, the level of indebtedness appears to huge. Who is the counter party to all of this debt is a separate issue. Are western banks providing this capital?
A lot of that is going to happen in the US as well. Money is drying up in the system worldwide and the US is not exempt. Last year when there were bank runs in small regional banks in China, media and RUclipsrs had a frenzy. All of that came to a halt when there were bank runs here in the US earlier this year. Don't throw stones when you live in a glass house.
Bruh, Americans aren't using sewage for oil and cooking. They are destroying their land, only a matter of time before absolutely nothing green grows. Guess what happens next? War
@@shellroc21 You can have financial turmoil without running out of money. And no, it's not drying up due to debt, sovereign debt isn't the same as private debt
There was a documentary which that showed how young people were expected to own homes just to get a woman and marry. Lots of people would pay to make infrastructure for this purpose and would just have the bones of the house done to get paperwork stating that they own property.
Their one child policy and their preference to have that one child be male, created an imbalance and women know understanding they have the upper hand, you have to prove your “worth”
I like how you picked up on the path that Japan’s economy took. The very fast economic grow happened happened in Iran also in 1970’s. In a way that created a lot of dissatisfaction with the government which contributed to the revolution.
Both countries have alot of non performing loans that were never addressed. The other big factor that is spooking western companies is there espinoge laws, where basically any outsider can be arrested at any time.
@mehdiaslani3525 the US destroyed Japan's semiconductor chip industry in the 80s because the bureaucrats in Washington were didn't want the japanese economy surpassing theirs.
What is the source of your information on Chin? I have close friends in China and their take on the real estate "data" is grossly exaggerated by US media and "research" groups.
I kinda love the fact that in reality as much as we watch great channels like PBD and others giving us solid advice on how to make more, regardless most of us are absolutely doomed and will be casualties of the Great Collapse that is imminent. All that is left is to enjoy this moment for as long as it lasts and then accept the inevitable ending
The reason why China made so many houses is because their revenues earned from export needed to be used up some where and real estate it was. They couldn't just have it lying around.
Is there a reason why they can't buy bonds or start a state fund that invests in local businesses or even overseas companies instead? Something like Temasek holdings from Singapore.
China historically..... runs in a empirical one race system loop....for thousand of years...and its still going.....GO TO CHINA AND SEE HOW MUCH ETHNIC DIVERSITY THERE IS LOL....There's not many people from around the world that have China on their prime vacation destination......they teach their underclass culture/youth to learn learn learn and study under strict national CCP guidance and if not.... there are consequences.......for the kids and Parents.......
@@SageAwakens They’re running out of cash. Printing more will be disastrous for food security. They’re redeeming US treasuries at a massively rapid pace to defend the RMB. They were successful with their Ponzi scheme but now the chickens have come home to roost.
I’ve lived in China for 7 years for a finance company. Everyone here is talking about the slow down. People, especially the poor, are really worried. Many workers are working beyond pension age cause they are convinced there’s nothing left. What’s interesting is that a typical road sweeper here thinks this but the outside world l, especially not long ago during post COVID, thought everything was fine in China.
Yeah they are sooo smart..they are building large structures out of concrete and cardboard... they built their gdp on a ponzi scheme.. soo smart huh..they are starving..their government is run by idiots
All of them are really nice picks. But the potential of project that elegantly combine blockchain and AI is Amazons VRE80H and should not be overlooked, I guess. Among them, this truly tackle real-world problems and have vibrant ecosystems, like Aiwork.
Is it really the best time to invest? It's quite ironic because in the past four months, I've incurred a significant loss of over $47,900 in the stock market. This is the largest loss I've experienced since I started venturing into stock investments.
It's true that opinions can vary, and it's possible that you could be right or wrong. I encountered a similar problem in the past, but my situation has changed significantly since I had the good fortune of connecting with *STEPHANIE KOPP MEEKS* . As a result, I recently added $240,000 to my portfolio.
The fin-Market has underperformed the U.S. economy as fear of inflation hammers the prices of stock;s and bonds. My portfoliio of $750k is down to $562k any recommendation;s to scale up my return;s during this crash will be highly appreciated.
Yes, you are right. it's been a brisk tailwind for lnvestors in US stocks over the decades but it is still a delicate season now, so I advise you to consider the guidance of a financiaI advisor.
Having an lnvestment advser is the best way to go about the market right now, especially for near-retirees, I've been in touch with a coach for a year now mostly because I lack the depth knowledge and mental fortitude to deal with these recurring market conditions, I nettd over $520K in profits so far, Its clear there's more to the market that we avg joes don't know that Investment advisors know.
My Financial Advisor is "Heather Lee Larioni". I found her on a Kiyosaki interview where she was featured and reached out to her afterwards. She has since provided entry and exit points on the securities I focus on. You can run a quick online research with her name if you care for supervision. I basically follow her market moves and haven’t regretted doing so.
She appears to be a true authority in her profession. I looked her up online and found her website, which I browsed and went through to learn more about her credentials, academic background, and career. She owes me a fiduciary duty to act in my best interests. I set up an appointment to use her services.
Very interesting Japan's chart, but i'm not sure all those inconsistencies are due to interior policy. For example, the big fall in 1990 comes at the same time of the oil price shock from OPEC countries, the fall in 2000 comes with China entering the WTO and the fall in 2008 comes with the US housing crash. Everybody took a big bust in those periods. Except China. They boomed after 2001 and then again after 2008. I think you should put on screen multiple graphs together with the Chinese one.
I don't think he would do that, Americans like to celebrate whenever they hear about China's economy not doing so well. I don't trust anything from Americans talking about China, and I also don't trust the Chinese when they say everything is fine. I take every news with a grain of salt no matter who is giving us the news.
Cant deny the fact that Amazons VRE80H is the strongest bet to bring power back to this industry after we suffered FTX, Celsius, Tera and so on. Sure if they fail its done for good, but I dont see that the biggest tech company in the world would put ev
I lived in China for almost a decade, and at one point I was dating a Taiwanese girl, whose father owned a chain of bakeries around in China and Taiwan, and in one of those I had a deep conversation with a very influential businessman, who owned a finance company that at one point had the Prime Minister of New Zealand on its board, and he told me after getting a bit drunk in a very passionate way. He explained why in 10 to 15 years from when we had that conversation, which was roughly 10 years ago, that China’s bubble would burst.
Heard someone say the best season for a fin.ancial breakthrough is now, especially with inflation running at a four-decade high. I have approximately $750k stagnant in my port_folio that needs growth. What is the best way to take advantage of this downturn?
That’s right! Downturns provide plenty of opportunities for regular people to build wealth from the scratch. However, you may need to get some professional advice from an Invest-ment planner if you need an aggressive return.
Recessions are where millionaires are created. After my port_folio took a big hit in April, I was forced to employ the services of an Invest-ment-analyst who has not only accrued a profit of $250k for me since then but has also taught me how.
@@bsetdays6784 I just looked up Mrs Marisol Cordova online and researched her accreditation. She seem very proficient, I wrote her detailing my Fin-market goals.
In the 1990s, Japan experienced an economic bubble burst, leading to a prolonged economic downturn. While factors such as U.S. trade policies and currency interventions may have had some influence on Japan, the country's economic issues were also closely tied to internal factors, such as high levels of debt and an aging population. U.S.-China relations are complex, and the United States has been implementing various policies to address China's economic and geopolitical rise. However, China's substantial economic size cannot be ignored, making it more challenging to successfully suppress its economy. Additionally, the trade relationship between the United States and China has significant implications for the global economy. The United States is also facing economic challenges, including an inverted yield curve in government bonds. Predicting economic collapses depends on the interaction of numerous internal and external factors, and historical situations may not necessarily repeat in different countries and time periods. Therefore, addressing these issues requires a comprehensive consideration of various factors, including policies, economic fundamentals, international relations, and more.
japans problem was that it was ultimately not soverign. The US had overwhelming sway over Japan's economy and its security. Thus Japan could be forced to sign over its crown jewels in semiconductors. China is different, it knows the US is out to get them, its prepared for it and its willing to fight tooth and nail to hold onto its soverignty and its national champions. The US may try to suppress china's technology but china just goes around any barriers the US sets up. The US tries to stir up geopolitical strife for China, china just signs deals with BRICS countries. The US threatens to kick china off SWIFT, China builds it's own SWIFT alternative CIPS. Japan at its height also never outnumbered the US the way china does, so the human capital china can muster grossly overmatches the US. The fact that Huawei is selling flagship 5G smartphones with 5nm chips made in china despite all the US sanctions shows just how indomitable china is.
Chinese government has control of the banks, real estate market, social media and now public opinion with the credit score and soon to come the digital yuan. I did not see a collapse but likely a decline and the next couple of decades due to population difficulties
The US wrecked Japan's economy with the Plaza Accords. They try to wreck Chinas as well, but China is not Japan. And it has its sovereignty, most important of all.
I don't think he mentioned the demographics problem with the aging population. Also the Shanghai stock index peaked in 2007 at 6100 currently about 3100 50% lower than 16 years ago.
We have been on a recession since the beginning of 2022, but big media and governments all over the world didn’t want to admit it. We need to be wise and use our brains. Knowledge is power and I’d like all the family to be powerful! Just purchased some AB
Hey PBD, I love what you do and I guess I’m a super fan. Question or suggestion…I would have loved to here the comparison of how many homes to people we have in America. For example, we have billionaires who have 4+ homes, we have so many vacant homes and businesses in the cities,etc. One of my biggest pet peeve’s is that I see so many vacant homes and businesses in America and then I see them building new construction right next door. Also the inner cities, all these boarded up homes that are vacant and then all of these homeless people (especially now) living on the streets. I have a Graduate degree, I’m in education, and the mental health field. However, I cannot make sense of this. When you talk about a subject and break it down, it makes more sense to me. So, I was hoping one of your topics can discuss this and why our government (Right and Left) allow this to happen.
It appears that a large part of the "Homeless" problem is actually a drug abuse and mental health crisis. L.A. is a perfect example of mis diagnosing a Homeless problem. None of those people want or even need homes. The weather is perfect year round, the drugs are cheap and easy to find. If these people were suddenly given homes a large portion of them would die rather quickly because at least when they're on the street there is always someone with narcan nearby when they overdose....which happens all the time when the drug of choice is ever changing fentanyl anologs coming from china. No civilized society allows schizophrenics and addicts to roam the streets smoking meth+fentanyl while sleeping in filth.
@@markvoelker6620 It's long enough to deduce whether the 'sky is falling right now!' crowd is correct or not. Say it long enough and you'll eventually be right, just like a broken clock.
@@deesee6009 I don’t know about “right now”. You can’t call when a complex system will suddenly change (for example when that avalanche will come down) but you can tell it’s going to. When will the next bear market start? We’ll know after the fact. But it will start.
I have been hearing about it for 35 years by so called western experts who never visited China. Heck they never left their studios except washroom breaks.
The current market/economy is unnecessarily tougher for boomers/senior citizens, I’m used to just buying and holding assets which doesn’t seem applicable to the current rollercoaster market plus inflation is catching up with my portfolio. I’m really worried about survival after retirement.
Just buy and invest in Gold or other reliable stock , the government has failed us and we cant keep living like this.
Yes, gold is a great investment and a good bet against the devaluating dollar, been holding some for awhile now, I’m grateful my adviser’s moment by moment changes in the market are lightening quick, cos who know how much losses I would’ve had by now.
I envy you, I’m still trying to recover from losses I incurred in 2021/2022, who is this investment adviser you work with, I’m intrigued and I could use some quality guidance
My CFA ’Melissa Terri Swayne’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
Thanks for sharing, I just liquidated some of my funds to invest in the stock market, I will need every help I can get.
In every crisis, there is an opportunity," as the saying goes. The 2024 recession, while challenging, presents unique avenues to amass wealth. First, it's essential to remember Warren Buffet's advice: "Be fearful when others are greedy, and greedy when others are fearful." During recessions, assets often undervalue. By investing wisely in stocks, real estate, or businesses during this downturn, you position yourself for significant returns during the economic recovery.
An obvious way to invest for a recession is to buy shares in businesses that are likely to experience steady demand even in a downturn. Typically, those are consumers staple, utilities and healthcare companies. But of course, such decisions can’t be made by an average joe, a financial advisor is highly recommended in making this decisions..
Since the outbreak of 2020, which had a significant impact on the market, I've been running all of my investment decisions through an investment coach because their entire philosophy is centered around using a high-profit oriented blueprint while simultaneously going long and short, as well as reducing risk exposure as a hedge against inevitable downtrends. Underperforming is almost impossible when combined with their access to strange data and analysis.
Please who’s this Financial advisor that guides you?
Natalie Marie Tuttle is my Advis0r. She has since provided entry and exit points on the securities I concentrate on. If you want to check her out, you may do so online. I usually trade in accordance with her strategy.
Thanks, I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a call.
Some economists have projected that both the U.S. and parts of Europe could slip into a recession for a portion of 2023. A global recession, defined as a contraction in annual global per capita income, is more rare because China and emerging markets often grow faster than more developed economies. Essentially the world economy is considered to be in recession if economic growth falls behind population growth.
My main concern now is how can we generate more revenue during quantitative times? I can't afford to see my savings crumble to dust.
It's a delicate season now, so you can do little or nothing on your own. Hence I’ll suggest you get yourself a financial expert that can provide you with valuable financial information and assistance
Very true! I've been able to scale from $50K to $189k in this red season because my Financial Advisor figured out Defensive strategies which help portfolios be less vulnerable to market downturns
How can I reach this adviser of yours? because I'm seeking for a more effective investment approach on my savings?
When ‘Carol Vivian Constable’ is trading, there's no nonsense and no excuses. She wins the trade and you win. Take the loss, I promise she'll take one with you.
Probably inevitable, but could have been delayed if they hadn't decided to take 3 years off from the workforce and spending massive amounts of money keeping people locked down. Accelerated economic suicide is what we're witnessing.
Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
Things are strange right now. The US dollar is becoming less valuable because of inflation, and other powerful nations waking up to trade in their own currencies. Good thing is, a lot of people still turn to the Dollar because of the safety is somehow assures. I'm worried about my retirement savings of about $420,000 losing value because of these factors and more. Where else can we keep our money?
Well, I suggest you make a diversification plan because it's been harder to build a good portfolio that stays afloat since COVID. Personally, I garner knowledge from a brokerage Adviser whom I work with, and I've actually made over $350K with their help since February. Very effective defensive strategies are used to protect my portfolio and make profits despite the ups and downs.
@@PhilipDunk I find this intriguing. Could you please provide me with the means to get in touch with your Adviser? I am concerned about my dwindling portfolio.
I've shuffled through a few advisors in the past, but settled with “Vivian Carol Gioia” her service is exemplary. I'd suggest you research her further on your browser, sure you'll find her basic info.
In the midst of the ongoing economic turmoil, a substantial segment of the American populace faces hurdles in achieving a satisfactory retirement. For numerous individuals, their retirement funds lack the essential sum needed. In this scenario, a critical query emerges: should I consider withdrawing funds from my 401k to acquire real estate, or should I opt for diversifying my investment portfolio into stocks to secure a consistent cash flow? Ultimately, my objective revolves around sustaining a post-retirement lifestyle that harmonizes with my preferences and necessities.
Over an extended period, bonds and other fixed-income instruments have been relied upon to generate the necessary yield, ensuring a stable income stream for retirement necessities. The significance of ensuring financial security might be the driving force behind why individuals from the boomer generation are increasingly seeking guidance from advisors when planning for retirement.
Many individuals tend to underestimate the significance of advisors, only realizing their importance after being adversely affected by their own emotional decisions. Seeking a robust retirement plan strategy, I sought the expertise of a genuine market strategist. This engagement resulted in revitalizing my $700k portfolio, leading to an impressive enhancement in performance and returns, achieving a remarkable 40% increase in just over four years.
A wealth of valuable insights has been shared in this forum. I find myself at a critical juncture concerning my portfolio, aspiring for its growth as I approach retirement. How can I establish contact with this esteemed professional for guidance?
'Stacie Lynn Winson' is the one who deserves credit as one of the finest portfolio managers in the industry. Her reputation precedes her, and I highly recommend exploring her work and locating her online if you are internet-savvy
Excellent share, just inputted her full name on my computer and searched online to find her webpage, top-notch credentials. I've seen commentaries about advisers, but not one looks this phenomenal.
I'm more concerned about the storm clouds forming here at home. We've been whistling past the graveyard, but not for much longer. We have 6 trillion dollars in commercial real estate debt, and the defaults are rolling in. When the "Everything Bubble" pops, it's going to be a long way down.
With property Taxes in America we don't actually own land either. Government does.
At least in China the people know that the government owns all the land and here in America we are under the assumption that we own the land but we really don't they can take it from you if they want 😂😂
i've been searching for this comment... we don't own homes in canada... the government does.. anyone say we do, try miss a couple property tax payments, see if the house is still yours.
Property tax is paid to local a municipality which keeps our towns clean and running. Big cities have failed in this. Federal income tax should be abolished with the exception of FICA, Medicare,SS.
@@mrboatshoe imminent domain!
exactly.
if you miss any of those payments, big brother Government is going to come and take the land from you.
As a foreigner who lived through the entire duration of zero covid for the past 3 years in China, this is by far the most objective commentary I’ve seen on RUclips to date. Economists and business leaders are voicing concerns at the start of 2023 that the year could be a difficult one. JPMorgan Chase & Co. Chief Executive Jamie Dimon said Tuesday that the Federal Reserve may need to raise interest rates to 6% to fight inflation, higher than the peak level between 5% and 5.5% in 2023 that most Fed officials penciled in after their December meeting. Although I read an article of people that grossed profits up to $500k during this crash, what are the best stocks to buy now or put on a watchlist
Emotionally-charged decisions to sell off large quantities of stocks or other investments now lock in your losses, removing any chance for future growth.
A 2020 Northwestern Mutual study found that 71% of U.S. adults admit their financial planning needs improvement. However, only 29% of Americans work with a financial advisor.
Very true, a huge part of my portfolio growth has come during this bear market. I've been able to scale from $180K to $572K in a short period of time. I basically was just following the steps and guideline from my financial advisor. as long as you've professional help, you're good to go
@@jeffery_Automotive Mind if I ask you to recommend this particular coach you using their service? Seems you've figured it all out.
Finding financial advisors like Julie Anne Hoover who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
Most of my relatives are in Shanghai, almost every family own more than one property and most have no mortgage payment, no tax, some condo fees. My mom owns two 3 bed rooms condo ( empty, not for rent) and she rents a 2 bed room condo in downtown area ( 2 minutes walking distance to subway). My mom's landlord has 3 luxury condo units and he got it from the government for free. China is slowing? Yes. Having problems? Yes. But it is not easy to understand what will happen next. The whole western economic professors have been saying China is collapsing very soon for the past 20+ years. I just want to say it is not easy to understand China. If you can not read Chinese, it is even more difficult because you only can get info from the western medias. Do you normally trust the local medias?
How are the rest of the geographic areas of China? not just Shanghai..I have friends that are fine there...what about outside of the sardine cities?
Exactly its nothing but hopium and copium
Sounds like Shanghai is doing well.
Do you recommend foreigners to invest our money into China?
@@xps1997 I don't know. I invest all my money in Canada where I live. Most in Canadian banks TD, RY and I have more than 1M profit so far. For most people, the US and Canada stock market are already enough.
We know a lot of this is propaganda. It seems like there is a weird fascination of China where for some reason we get comfort from their perceived problems. Our elites monetized our economy in the 70´s and 80´s and sent their manufacturing to China. Our REAL economy has ebbed and yours flowed. If China sends their manufacturing to Africa, Bangladesh, Vietnam..... it will happen to you too. Slighted elites in our country (if China invades Taiwan) who lose their chip manufacturer- would probably start WW3. We all would be the victims of machinations of psychopaths.
Thank you Patrick for keeping us aware of what is going on!
It's been happening for a few years now. They're not the first company to default.
All of the big development companies were taking down payments in advance of building the homes and using that cash to pay for the ones they had not already finished building. They were relying on there being no end to people that would buy from plans which was stupid it would only ever require one slow down before they couldn't finish something they had started which would then loose the confidence of people that had already started paying on those properties.
In some places official's have already stopped allowing people to withdraw their cash so it's that bad already.
The CCP won't allow people to take money out China so the capital flight to the extent mentioned in the video is unlikely. There is only really one method and that's using casinos in Macau, where cash will be turned into chips which are honoured by the casinos International venues. You can expect that to be stopped though.
There was another method, when Ji said wealthy Chinese people could take funds out of the Country to invest in sports (particularly football ⚽️). That's why around 7 - 8 years ago you saw massive Chinese investment in European football teams, but they were all using the method to get cash out of China, rather than being genuine about running football clubs. When it became noticed what was happening, Ji put a stop to it and loads of football clubs ended up struggling and many were sold at a loss.
I only mention all of that to show that their government is more than likely to take steps to prevent other methods of capital flight.
He has no idea how things work in CΗίΝα.
They are not capitalist, nor ΚοΜΜυΝιςτ.
CΗίΝα is winning, he just doesn’t understands how. Same goes for Rυςςια.
They are not limited by the same rules as we are.
BUT SIR MY INDIA IS THE REAL SUPERPOWER NUMBER ONE🤗🇮🇳 WE HAVE THE BEST INFRASTRUCTURE AND HIGHSPEED RAIL 🤗🇮🇳 MEANWHILE IN CHINA PEOPLE STILL RIDE RICKSHAW EVERYWHERE AND THEY ALSO POOR DONT HAVE CAR . THIS WHY IM SO LUCKY LIVE IN SUPER INDIA THE CLEANEST COUNTRY IN THE WORLD 🇮🇳🤗 , WE NEVER SCAM! WE GIVE RESPECT TO ALL WOMEN THEY CAN WALK SAFELY ALONE AT NIGHT AND WE HAVE CLEAN FOOD AND TOILET EVERYWHERE 🇮🇳🤗🚽, I KNOW MANY POOR PEOPLE JEALOUS WITH SUPER RICH INDIA 🤗🇮🇳🤗🇮🇳🤗🇮🇳🤗🇮🇳🤗🇮🇳🤗🇮🇳🤗🇮🇳🤗🇮🇳
find more sources to understand China's economy, this is bar talk
@@warrennelson5190😅y😅😊😊yh😊hhh
Some homeowners were paying as much as 80% of income to sustain their mortgage and they thought it was fine because the value would continue to go up indefinitely.
I support China removed their "Emperor for life" for such abused on the people. 80% of some people's income were squander in such way?
i watched another mini docu series about the Chinese and real estate. The mass majority of people in China believe property/homes are the absolutely best investments, its like 80% of the population puts there money in real estate compared to less then 20% in the US. Owning land/property in China also gives those citizens rights like being allowed to marry... eye opening when you look into the big picture.
GYNA
This is sheep thinking of Chinese due to communism
How westerns are confused about this happening makes me worry about the west
2008 all over again
As a Hong Kong citizen I can confirm PBDs viewpoint is absolutely on point
Yes, I went down this rabbit hole a few months ago. Real estate is horrible over there, they pressure the working population to purchase before the build and they buy, and buildings ARE DANGEROUSLY UNFINISHED. I don’t know what they are mixing in their concrete, it crumbles after a short time. Sad.
What you say is dumb and stupid!!! How can simebody pressure you to buy if you don't want to? The truth is the chinese prefer to invest their money in homes/apartments and not the stockmarket. Those the west call "ghost cities" have all been bought and paid for, some still remain sparsely populated because the owners have other homes they live in.
The bigger the boom the bigger the bust, the longer its artificially delayed the longer it will last
The harder it is to get out. Sometimes you dig a whole so large you can’t climb out. We might be at that point now.
@@zanebea3437 keep digging, lol
Great content with helpful stats, Pat. Please do more of these types of videos on economy, markets, etc.
BUT SIR MY INDIA IS THE REAL SUPERPOWER NUMBER ONE🤗🇮🇳 WE HAVE THE BEST INFRASTRUCTURE AND HIGHSPEED RAIL 🤗🇮🇳 MEANWHILE IN CHINA PEOPLE STILL RIDE RICKSHAW EVERYWHERE AND THEY ALSO POOR DONT HAVE CAR . THIS WHY IM SO LUCKY LIVE IN SUPER INDIA THE CLEANEST COUNTRY IN THE WORLD 🇮🇳🤗 , WE NEVER SCAM! WE GIVE RESPECT TO ALL WOMEN THEY CAN WALK SAFELY ALONE AT NIGHT AND WE HAVE CLEAN FOOD AND TOILET EVERYWHERE 🇮🇳🤗🚽, I KNOW MANY POOR PEOPLE JEALOUS WITH SUPER RICH INDIA 🤗🇮🇳🤗🇮🇳🤗🇮🇳🤗🇮🇳🤗🇮🇳🤗🇮🇳🤗🇮🇳🤗🇮🇳
Trump said endia is a shithole.👅
@@indiasuperclean6969keep crying wumao. 🤡🤡💩💩
I think this sort of video shows the value and strength if this program and his talents to present better.
He does both interviews and summary analysis well.
Finding the right balance is part of the magic and challenge.
If China's economic crisis triggers a market crash or a financial crisis, it could send shockwaves through the stock markets worldwide. I’m worried about my investment of over *$600K* stocks. Is this a time to consider diversifying my portfolios?
If it takes a hit, it might lead to reduced consumer spending and overall economic instability. I advice you consult with a professional about your investment portfolio.
Instead of panic or following a hearsay, I simply adopted the service of an advisor early 2020 amid covid-outbreak, and so far, I've attained my most measurable financial milestone of *$650k* after subsequent investments of *$80K*
That's quite incredible! My p0rtfolio has been performing poorly and it's down 25%, therefore I could really use their advice. Who is the advisor? how can i contact them
Credits to *Sharon Louise Count* one of the best portfolio manager;s out there. she;s well known, you should check her out
I Found her webpage by looking up her name online. She seems very proficient, I scheduled a call.
You are one of the most sophisticated and brilliant RUclipsr/content creator I watch, and 1million percent the very best in finance. I appreciate all of your content thank you for VRE80H much love from Chicago
What the heck is a vre80h
Love this guy, learned so much from watching this channel.
@@xcalibur1235scam!
Sure poopie.
okay bot
How markets haven't collapsed is beyond me. We should be in an economic depression.
We're paying off credit cards with other credit cards
Looks like we've spent the last couple of years in the bargaining stage of grief, not acceptance.
Over on wall street stuff on reddit, people talk about companies preventing prices dipping too low because they'll buy it. Disney was doing it and can't afford to anymore. Other companies are buying and selling their own when it goes one point down to make it look better. That won't bite them in the butt because bank loans and cd's were at an all time low. The ones holding the bags that'll blow up now are the banks because the feds lowered the interest rates so much and the banks can't take more loans because that's what they did to max capacity to make things look better in the last 3 years. Only the super rich can make money now and convince us to accept centralized banking and mandatory fees business can't afford to charge anymore while getting rid of checks so people can try to avoid the fees.
because most of the losses related to the markets is localized to China rather that the rest of world. For example the US has 500 billion exposure, sue the loss of part of this would hurt the US but not too much. Nothing like the GFC.
Shell game .
I live in China and used to teach for Country Garden. They owned everything in the town, the condos, the commercial property, the hotels and even the school. There are vacant apartments everywhere. I have a brand new 3 bedroom 2 bath apartment furnished for only $285.00 USD per month. I'm 30 minutes from Macau and 1.5 hours from Hong Kong too. Thank God I don't work for Country Garden anymore. I'd be worried I wasn't going to get paid.
China plan longterm, they project how the population would grow and build for that. Eventually in a few years that group of apartments/communities would be filled up just like what happened to these hundreds, probably thousands, of mini cities built since the 1990s.
$285 USD. You don't need the cents, no reason for it, just causes confusion.
05:30 that could be the most impeccable ad transition I’ve seen 💯 kudos Patrick👌🏽 😄
0:28: 🏢 China's biggest real estate company, Country Garden Holdings, missed a debt payment, raising concerns about the real estate market in China.
2:51: ! The real estate sector in China accounts for 30% of the country's total GDP, leading to significant impact on the economy.
5:38: 🏢 Real estate is a popular and trusted investment in China.
7:58: 📉 China's rapid urbanization and economic growth has led to challenges including inventory shortages, customer dissatisfaction, and deflation.
10:11: 💰 China's economy is experiencing rapid growth and a potential bubble, leading to concerns about a possible crash similar to Japan's in the past.
12:55: 💼 The speaker discusses the potential negative consequences of China's rapid economic growth and overproduction.
Recap by Tammy AI
What Ever Stagnation happens to China we’re so Dependent on Them Will eventually Affect US!! That’s one of The Reasons It’s No Longer Country’s running themselves its all the Globalist Controlling The entire World! Economy’s!!!
说中国崩溃，都说了几十年了，不累吗？哈哈。
@@haiwang2857and all the things that have been talked about are coming to fruition.
And how much real estate in the USA, especially in California have the Chinese bought up? More than Americans… they are flush with cash and gobbling up single family homes.
Since this video came out, Chinese real estate stocks went up 20%. China just released their new policy.
Maybe we can send some of our homeless to these Ghost Cities. Looks like it's pretty nice.
And migrants.
Imagine how the Chinese authorities would deal with the behaviour of some of the U.S. homeless people.😆
True western worlds should send their homeless people to live in these empty houses.
@RD22 Thats actually misinformation. Those so-called "ghost cities" from the past are now mostly all occupied. Not even sure where he got that 65-90 million figure from. Surely hes not just taking it from some unverifiable MSM article...
They'd be closer to the fentanyl
You should look into the average house in Vancouver/Victoria and other major cities like Toronto. If you live in one of our major cities in Canada, with a regular 9 to 5 job, you cant afford a home.
I've been diligently working, saving, and investing toward financial independence and early retirement, but the economy since the pandemic has eaten up the majority of my $3 million portfolio. I want to know: Do I keep contributing to my portfolio in these unstable markets, or do I look into alternative sectors?
Just try to diversify your portfolio to other market sectors, that way your investment is balanced and you don’t get to make so much losses.
I stopped listening and taking financial advise from these RUclipsrs, because at the end of the day, I end up with a bunch of confusing stocks without knowing when to take profit, In reality, all I needed was professional advice.
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?
My consultant is NICOLE DESIREE SIMON She has since provide entry and exit points on the securities I focus on. You can look her up online if you care for supervision.
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
Hands down one of the best, if not the best, informative channels online. Thank you for your content.
wrold’s spelling error
@Pat - you should do a deep dive into the reasons why Japan went through that and still hasn't fully recovered yet. They were forced to stop growing
Homes in Japan are typically worth less by the time they are paid off than when they are purchased.
Helps explain why no one is interested in getting a mortgage and buying a house.
Exactly, and they were forced by the US ! The same US that is trying to hampered Chines Growth now.
From what I've learned, a big part of the reason is when Ronald Reagan halted buying chips from Japan. I could be wrong, it was a Johnny Harris video. 😅
@@twerkysandwich64 Johnny Harris outright lies or leaves out crucial information in his videos almost every time he makes something. Which is a shame because the videos themselves are wonderfully presented and very well edited.
China came onto the world economy stage back in the 1990’s! That is probably a big reason for Japans’s declines. Japan’s median population is getting older too!
With rates climbing like never before in ’23 coupled with uncontrollable inflation, and our own mortgage at now 7.42% what are the best alternatives/strategies for avoiding a crunch and maximize my savings other than moving in to an RV with my two kids and wife.
You are not alone we can no longer afford our mortgage, husband wants us to travel or relocate/I am proposing cashing in, walking away and renting while putting the rest in the stock market.
If you have the funds to travel you should be able to afford the mortgage.
We own a few rented apartments but don’t wish to sell them or make the tenants uncomfortable by inflating rents however I am being more cautious than ever with rising costs.
Affordable housing is no longer available so you are a good person to do that for people under your roof. What you want to do I will advise you do it now because the prices you see today will look like dips tomorrow.
If you are in cross roads or need sincere advise on the best moves to take now with financial markets will be best you seek a fin-professional with fiduciary responsibilities who knows about mortgage-backed securities for proper guidance.
i LOVE these intimate sit-down analyses... great format
thank you Pat
China will be fine. It's the West that is in decline. Moral decline (what is a woman) and well, economically the wealth gap is discouraging any involvement from the new generation of workers - hence why the West imports migrants
A sofa analyst. BS non-stop. US will collapse much faster. When the bonds will be sold out, the US dollar will have no value. Covered by nothing. All the others are backing their currency in gold. Petro-dollar is disappearing...it looks like the american dream became a utopian one.
It's important to note, although their local economy is heading straight into the Greatest Depression, Chinese manufacturing has moved overseas (much like NAFTA) to Cambodia, Vietnam, Africa. So Chinese Stocks will remain solid and they can hide the devastating loss of life that is yet to come.
Sounds like the US as well
THAT'S THEIR VERSION OF POPULATION CONTROL??!!🤔
dream on
We need a total victory over China and Russia! Both are Anti-US and Evil
>So Chinese Stocks will remain solid and they can hide the devastating loss of life that is yet to come.
how convenient, so you can claim collapse happened anyway despite nothing happening at all, nice
Gordon Chang has been saying for years, yet it still hasn’t happened. How are they able to buy so much here in America if they have no money? From land near military bases to buildings and food processing plants and farm land, it just keeps going.
This will be good for America, BRICS nations won't be propping up China anytime soon thus the USD will still be holding strong, and it's a safe bet.
The millions of California houses bought by the communist Chinese should be confiscated to help reduce the housing shortage for American families. It's just money laundering of corruption money ... and the property rights are not reciprocal for an American expat (anywhere in Asia).
Petro $ = dead
@@Qwijebousa is one collapsing not China
America may be leading the push of NATO but that is because of foreign actors who have taken over the government. The American people, more than60%, have had enough and will resist tyranny. China on the other hand is vastly corrupt and their system of communism will not last. Too many billionaires and millionaires are attempting to leave China because they know the economy is a lie. It will not last and the people are waking up to the lie. @@aa-hb3tg
Billionaires are almost always a valuation issue not income. China has figured that by knocking billionaires there is no real loss to the middle classes. As long as the company still works and the employment continues the loss of billionaire wealth is just a number that affects the “controlling family” who rarely go bust just because of loss in valuation. They still have their companies and the millions in income remain.
A major part missing from this story is the hukou system; in China, you can't just move to a new place at a whim, as your access to health care and other services is tied to the place of your birth via a hukou registration. There are two main ways around this: get a job offer for a qualifying profession (something degree related, we aren't talking basic labor), or buy a home. Renting is not sufficient, you have to buy it. This is what drives a lot of families to buy homes at irrational seeming prices; they want their kids to attend school and grow up in a middle class, more affluent setting.
Same as anywhere else if you don’t have money
@@ZaalluNot true, everywhere else rental is equivalent to owning for registration purposes.
@@davedosanjh6831 if that where true then there wouldn’t be wealthy Chinese immigrants who wean afford to live anywhere in the world
I thought you could not even buy a home in China. Only 99 year rent or lease?
@@nicklibby3784 I believe it is typically 70 years. There is a process by which the lease is renewed however, at minimal expense or uncertainty, so the anticipation among buyers is that property rights will be retained in perpetuity. The pace of development has been so rapid, that in recent decades, long before the lease expires, a developer will buy everyone out at a handsome profit and knock down the building. I am not an expert in any of this, just heard things from casual conversation with Chinese people.
This is very interesting to me as I live in Canada which has a similar situation to China. Canada is dealing with it by bringing in millions of immigrants to force demand for housing. I also have a small business in China which has tanked like crazy since 2020. Consumer spending is low everywhere, but in China it is really low. The large companies are all making massive cuts and really focusing on the areas that are making money.
The housing issues in Canada are very different than that of China.
Same in Australia with extremely high immigration policies. We're talking 3 to 4% increase a year of the country's population, with a falling birthrate.
This is simply incorrect. Canadas situation is totally different to China. Canada has a housing shortage, not a housing glut.
housing crisis is temporary, importing the third world and then waking up in a slum ruled by retards is only inevitable if you choose this path. Enjoying machette attacks much
Hope your business in china causes you to lose everything
Pat, you have so much positive energy, you are a good person. Great to watch you, thanks.
I can’t even start to explain how much I love to listen to these clips of world news/issues in the horizon that most people don’t seem to capture in the present moment. Props for these videos and keep them coming 👌🏼💯
This video is a game changer, I have been looking for the best way to increase my income and start up my retirement, but I really do not know much about investments and trading stocks. I keep postponing every single day that passes, but I want to begin now. How should I start? What do I need to know?
I know I can't do any investment by myself, because last time I tried, I lost all my money. I am serious and interested but also scared of losing money now. What can I do not to end up with same result as last time.
I have done some research, and what I need is an excellent financial advisor to assist me with what I want to do. A good recommendation will do. Thanks.
Looked up her name *Robin Brezik* and found her website, interesting stuff so far, about to schedule a session with her. Thanks.
Wow. The bots are getting smarter each day.👏🏾👏🏾👏🏾
It's pretty terrifying, actually. This is the future of youtube comments....@@Dsparks7777
i'm not sure if you are omitting information on purpose, but the crazy growth of japan you talk about, it was usa policy that stopped it & nothing else.
Just more pure GOLD info by the man, PBD.
really cool to see a western podcast spotting on the Chinese Issues instead of cliches. Would like to share stories and thoughts on the topic as a resident but the language barrier is huge in terms of deep conversation
Great video! I had to play it at 3/4x speed
Patrick, this is why I like your podcast. Your facts ck is so up to par. Please keep it up.
I really appreciated this video, as a medium-term VRE80H holder. I know you commented on not many people paying attention to this, but it was very relevant for holders such as myself. After watching your thoughts, I willbuy more. I also remember your earl
@@flipacoin3593Hahahahahahahahaha.....it's probably valuetaiments scam. See how it's not taken down
@@flipacoin3593 wow its basically the same thing said above with about the same amount of likes and no comments
Bots
I don't know what VRE80H is, but based upon the number of scam comments I see, I know I want nothing to do with it. so in a way, their effort have value!
😂😂😂😂
@@flipacoin3593don’t worry- the new AIs coming out will begin to flesh out these comments sections
Great content as always. I do wish there was more counter content to underscore the intended message. Ex: charts are sexy. Communicating how numbers tell a story can be even more intriguing in the sense that the whole story is ever evolving.
Always love a good conversation. Thanks for the content!
LOL something like this is said about China every five years since 1983.
So basically right now we need to bring manufacturing back to America quick.
@@zerotimeout ... fast ! It is an emergency!
Only if Americans actually like to be underpaid and do major overtime
@@Drawingtheplanet Nobody is teaching them that...
@@Drawingtheplanetdont need to work in the traditional sense of working for someone. But yeah we Def need a purpose in life.
or the alternative of finding a way to continue livng our insane lives where we ingest massive amounts of chemicals, electromagnetic radiation, and caffeine in a sad attempt to forget we are even breathing and wander through our day like zombies with a craze for consumption might be to live more simply, feel the dirt under our feet, breathe in the fresh air, and be human beings instead of robots... and the sad thing is that most reading this comment will probably laugh at me and think... what a moron...
One thing that you need to add is that many of the buildings they are built are called "Tofu Dregs" because they are so badly constructed, they are literally falling apart. Corrupt builders were taking the mortgage payments that the people made and, instead of finishing the buildings properly, used shoddy construction and used the money to start more buildings. Many of these places are not even finished.
Yeah. All their high speed rail are photoshopped. They only built very few slow rail and all of them are collapsed. They also have fake high buildings. If you search top N tallest buildings in the world, the wikipedia shows out of top 20, 10 are Chinese buildings. They are fake. The wikipedia page are edited by CCP. They even edited a video on Mar 15, 2018 showing a bridge collapsed, and claimed it's in Miami. That's impossible. Murica doesn't have any Tofu projects.
the issue is grossly overstated, You'd think buildings were collapsing left right and centre because of that but it almost never happens. The finish quality might not be very good but guess what, the underlying concrete is still gonna be there and you can pay abit more finish it nicely.
I guess the video I saw which was made by men who lived there of buildings collapsing and one of them grabbed a whole corner of a building and pulled it off was fake. Who knew?@@hughmungus2760
apocalypse for who? president XI repeatedly said markets need to crash to bring habitation at an affordable level, so that is what is happening now, so why is it apocalyptique?
@potatopower2144My guy, American Conservatives, like valuetainment, hate China with a passion. China's gdp will grow with 5%, the US gdp with 1,3%.. these "China will collapse", headlines are there since early 2000.
@potatopower2144 They can just increase the retirement age. Their old people aren't unhealthy burdens like those in America.
I love Patrick. I come from a corporate background and had some incredible leaders and since being an entrepreneur on my own I haven’t really found a mentor in real life, and so I’ve sourced many online, there’s been terrific “specialised” mentors out there but a business man Patrick is the ONE!
I could listen to him, absorb and learn for hours!!!
He’s brilliant!
Imagine him working for someone 😅 no ways .. 😂😂
Some people are born for leadership.
What's happening in China is no joke.
PBD, your show is one of the best and most informative & relevant on RUclips. Happy for your success and it has been great watching your rise in popularity. Keep it up!
With a small investment of $5,000 I made $27,673 by utilizing a little known secret in the cryto currency market.
Too bad it's all lies
@@littleman2226throws out slanderous remark doesn't back it up congrats
angry chinese cry@@littleman2226
Show sucks
How many words per minute does Pat speak at? Phenomenal speed of delivery. On topic, the level of indebtedness appears to huge. Who is the counter party to all of this debt is a separate issue. Are western banks providing this capital?
Yes, much of it comes from the world's financial markets other than China's.
A lot of that is going to happen in the US as well. Money is drying up in the system worldwide and the US is not exempt. Last year when there were bank runs in small regional banks in China, media and RUclipsrs had a frenzy. All of that came to a halt when there were bank runs here in the US earlier this year. Don't throw stones when you live in a glass house.
Bruh, Americans aren't using sewage for oil and cooking. They are destroying their land, only a matter of time before absolutely nothing green grows. Guess what happens next? War
money isn't drying up in either country because both have fiat currencies
Indeed as the Great I AM moves His hand and across the world. The shaking begins .... there is no stopping judgement.
@@grimaffiliations3671 So why all this financial turmoil worldwide? Money is drying up due to inflation and debt. No ifs, ands or buts about it.
@@shellroc21 You can have financial turmoil without running out of money. And no, it's not drying up due to debt, sovereign debt isn't the same as private debt
Excellent presentation my friend.🎸
Love these videos. Thank you!!
There was a documentary which that showed how young people were expected to own homes just to get a woman and marry. Lots of people would pay to make infrastructure for this purpose and would just have the bones of the house done to get paperwork stating that they own property.
Yea I saw that. It’s really sad tbh
You don't own it though, China owns 100% of their land
@@leprechaun7667 Same in the US (just not as blatant).
Their one child policy and their preference to have that one child be male, created an imbalance and women know understanding they have the upper hand, you have to prove your “worth”
@@halhansen778 Makes me wonder who kept their female children (15-20yrs ago) to put themselves in this better position.
Excellent and informative video!
I LOVE YOUR CONTENT 🙌🏾🙌🏾🙌🏾 GREAT STUFF!! ❤THANK YOU
when you try and force things its almost always going to come back to haunt you in the end
I like how you picked up on the path that Japan’s economy took. The very fast economic grow happened happened in Iran also in 1970’s.
In a way that created a lot of dissatisfaction with the government which contributed to the revolution.
Both countries have alot of non performing loans that were never addressed. The other big factor that is spooking western companies is there espinoge laws, where basically any outsider can be arrested at any time.
@mehdiaslani3525 the US destroyed Japan's semiconductor chip industry in the 80s because the bureaucrats in Washington were didn't want the japanese economy surpassing theirs.
@@emilio2647 the 3-letter agency also regime changed Iran in the 1970s- it’s a recurring theme
Love the fact that you cite your research. Keep it up 👍
Dam I wish I could’ve worked for you! Amazing info and delivery!
I've been hearing this for 10yrs, it's a great youtube click-bait topic but nothing ever happens
next year, next year, I meant to say next year
What is the source of your information on Chin? I have close friends in China and their take on the real estate "data" is grossly exaggerated by US media and "research" groups.
I kinda love the fact that in reality as much as we watch great channels like PBD and others giving us solid advice on how to make more, regardless most of us are absolutely doomed and will be casualties of the Great Collapse that is imminent.
All that is left is to enjoy this moment for as long as it lasts and then accept the inevitable ending
Ok doomer
What will the ending look like
@@Subtleeye777no society has lasted forever. He has a point!
Thank You for sharing the video!💯💯💯
The reason why China made so many houses is because their revenues earned from export needed to be used up some where and real estate it was. They couldn't just have it lying around.
Is there a reason why they can't buy bonds or start a state fund that invests in local businesses or even overseas companies instead? Something like Temasek holdings from Singapore.
China historically..... runs in a empirical one race system loop....for thousand of years...and its still going.....GO TO CHINA AND SEE HOW MUCH ETHNIC DIVERSITY THERE IS LOL....There's not many people from around the world that have China on their prime vacation destination......they teach their underclass culture/youth to learn learn learn and study under strict national CCP guidance and if not.... there are consequences.......for the kids and Parents.......
@@SageAwakens
They’re running out of cash.
Printing more will be disastrous for food security.
They’re redeeming US treasuries at a massively rapid pace to defend the RMB.
They were successful with their Ponzi scheme but now the chickens have come home to roost.
Slave System passed for wealth people
Appreciate the insight, Patrick! Beautifully explained 👏
I’ve lived in China for 7 years for a finance company. Everyone here is talking about the slow down. People, especially the poor, are really worried. Many workers are working beyond pension age cause they are convinced there’s nothing left. What’s interesting is that a typical road sweeper here thinks this but the outside world l, especially not long ago during post COVID, thought everything was fine in China.
Thanks for the report.
Challenge: where is anything fine? Rhetoric: nowhere.
Ty and congrats on ur channels growth!!
A pleasure to see
Quantitative easing is gonna bury us. The amount that the Fed has put on the books since 2007 is disgusting
"Americans are the most competitive people in the world", - Chinese parents with budding math students step into the chat.
It’s math “student” plural.. China has birth rate problem, their young folks font want kids anymore.
😂😂😂 right, americans are just youtubers and tik tokkers 😂😂😂
And their goal is to leave China to come to America 😂
Yeah they are sooo smart..they are building large structures out of concrete and cardboard... they built their gdp on a ponzi scheme.. soo smart huh..they are starving..their government is run by idiots
The Chinese math student works for a creative American. They don’t build IP or create.
All of them are really nice picks. But the potential of project that elegantly combine blockchain and AI is Amazons VRE80H and should not be overlooked, I guess. Among them, this truly tackle real-world problems and have vibrant ecosystems, like Aiwork.
Very very smart thank you for bringing up the subject
Love your research and in depth dives to things effecting us now.
Patrick, Your program keeps getting better and better. Thank you. You rock!🎉
Despite the prevailing economic turmoil, there is no denying that the current circumstances present an opportune moment for investment.
Is it really the best time to invest? It's quite ironic because in the past four months, I've incurred a significant loss of over $47,900 in the stock market. This is the largest loss I've experienced since I started venturing into stock investments.
It's true that opinions can vary, and it's possible that you could be right or wrong. I encountered a similar problem in the past, but my situation has changed significantly since I had the good fortune of connecting with *STEPHANIE KOPP MEEKS* . As a result, I recently added $240,000 to my portfolio.
To gather comprehensive information about her, simply perform a web search using her name, and you will find everything you need to know about her.
Thank you for the information. I managed to find her website, and I must say, it is truly impressive.
Scammer
Watching u from Bangladesh. You are learning issue....❤
Surprising, but not really.
The fin-Market has underperformed the U.S. economy as fear of inflation hammers the prices of stock;s and bonds. My portfoliio of $750k is down to $562k any recommendation;s to scale up my return;s during this crash will be highly appreciated.
Yes, you are right. it's been a brisk tailwind for lnvestors in US stocks over the decades but it is still a delicate season now, so I advise you to consider the guidance of a financiaI advisor.
Having an lnvestment advser is the best way to go about the market right now, especially for near-retirees, I've been in touch with a coach for a year now mostly because I lack the depth knowledge and mental fortitude to deal with these recurring market conditions, I nettd over $520K in profits so far, Its clear there's more to the market that we avg joes don't know that Investment advisors know.
Please can you leave the info of your lnvestment advsor here? I’m in dire need for one
My Financial Advisor is "Heather Lee Larioni". I found her on a Kiyosaki interview where she was featured and reached out to her afterwards. She has since provided entry and exit points on the securities I focus on. You can run a quick online research with her name if you care for supervision. I basically follow her market moves and haven’t regretted doing so.
She appears to be a true authority in her profession. I looked her up online and found her website, which I browsed and went through to learn more about her credentials, academic background, and career. She owes me a fiduciary duty to act in my best interests. I set up an appointment to use her services.
PBD you are amazing as usual...thanks for logical analysis. 🍻
Here in Toronto 🇨🇦, China's Economy is doing Great 👍😂
Thank you for sharing your information
The bubble is always about to burst but never does.
i like this, youre mixing it with different topics, this is quickly becoming one of my favorite channels
As an America,let worry about our own country first.We are so interrelated, with China we will fall together.
Very interesting Japan's chart, but i'm not sure all those inconsistencies are due to interior policy.
For example, the big fall in 1990 comes at the same time of the oil price shock from OPEC countries, the fall in 2000 comes with China entering the WTO and the fall in 2008 comes with the US housing crash. Everybody took a big bust in those periods. Except China.
They boomed after 2001 and then again after 2008.
I think you should put on screen multiple graphs together with the Chinese one.
I don't think he would do that, Americans like to celebrate whenever they hear about China's economy not doing so well. I don't trust anything from Americans talking about China, and I also don't trust the Chinese when they say everything is fine. I take every news with a grain of salt no matter who is giving us the news.
Cant deny the fact that Amazons VRE80H is the strongest bet to bring power back to this industry after we suffered FTX, Celsius, Tera and so on. Sure if they fail its done for good, but I dont see that the biggest tech company in the world would put ev
fuckin bot
@flipacoin3593 definitely is. Ev are trash. Gas baby!
@@flipacoin3593You’re right, youtube needs to ban each posting account and each account that likes their posts.
Now buy my crap coin I’m selling.
Bots
I lived in China for almost a decade, and at one point I was dating a Taiwanese girl, whose father owned a chain of bakeries around in China and Taiwan, and in one of those I had a deep conversation with a very influential businessman, who owned a finance company that at one point had the Prime Minister of New Zealand on its board, and he told me after getting a bit drunk in a very passionate way. He explained why in 10 to 15 years from when we had that conversation, which was roughly 10 years ago, that China’s bubble would burst.
Cool story bro
Nice story😂 you get some imagination
How much did you paid for the Asian girlfriend?
Does the girl friend have a sister
@@Rusty_119 - Maybe she’s already dating another old white man.
Awsome always somuch to learn.Thanks a ton🙏
Heard someone say the best season for a fin.ancial breakthrough is now, especially with inflation running at a four-decade high. I have approximately $750k stagnant in my port_folio that needs growth. What is the best way to take advantage of this downturn?
That’s right! Downturns provide plenty of opportunities for regular people to build wealth from the scratch. However, you may need to get some professional advice from an Invest-ment planner if you need an aggressive return.
Recessions are where millionaires are created. After my port_folio took a big hit in April, I was forced to employ the services of an Invest-ment-analyst who has not only accrued a profit of $250k for me since then but has also taught me how.
@@bsetdays6784 I need guidance so i can salvage my port-folio due to the massive dips and come up with better strategies. How can i reach this advsor?
@@selenajack2036 My advisor is “Mrs Marisol Cordova” You can verify her and use her services if you want.
@@bsetdays6784 I just looked up Mrs Marisol Cordova online and researched her accreditation. She seem very proficient, I wrote her detailing my Fin-market goals.
Great message and warning appreciated continue making this videos to help everybody understanding what’s going on around the country
Get ready for war! When an economy fails, the last resort is going to war. China will invade Taiwan within two years.
This man never disappoints when it comes to the content.
I wish to meet you someday in person ❤
How the hell is Toronto and Vancouver not on thay vhart for most expensive housing???
America literally owns all the land, it’s called property tax. You know this Patrick.
There is only one area, in Alaska, that does not have it.
yup we are not free and we own nothing, its all an illusion
Not the same as it being illegal to own land and a 99 year lease being the longest term (China).
would be nice that you had studied and shared the reason for the fall of Japan. If i understand correctly, there was bi pressure coming from US.
It was demographic collapse combined with central bank monetary policy attempting to avoid deflation.
In the 1990s, Japan experienced an economic bubble burst, leading to a prolonged economic downturn. While factors such as U.S. trade policies and currency interventions may have had some influence on Japan, the country's economic issues were also closely tied to internal factors, such as high levels of debt and an aging population.
U.S.-China relations are complex, and the United States has been implementing various policies to address China's economic and geopolitical rise. However, China's substantial economic size cannot be ignored, making it more challenging to successfully suppress its economy. Additionally, the trade relationship between the United States and China has significant implications for the global economy.
The United States is also facing economic challenges, including an inverted yield curve in government bonds. Predicting economic collapses depends on the interaction of numerous internal and external factors, and historical situations may not necessarily repeat in different countries and time periods. Therefore, addressing these issues requires a comprehensive consideration of various factors, including policies, economic fundamentals, international relations, and more.
japans problem was that it was ultimately not soverign. The US had overwhelming sway over Japan's economy and its security. Thus Japan could be forced to sign over its crown jewels in semiconductors.
China is different, it knows the US is out to get them, its prepared for it and its willing to fight tooth and nail to hold onto its soverignty and its national champions. The US may try to suppress china's technology but china just goes around any barriers the US sets up. The US tries to stir up geopolitical strife for China, china just signs deals with BRICS countries. The US threatens to kick china off SWIFT, China builds it's own SWIFT alternative CIPS.
Japan at its height also never outnumbered the US the way china does, so the human capital china can muster grossly overmatches the US.
The fact that Huawei is selling flagship 5G smartphones with 5nm chips made in china despite all the US sanctions shows just how indomitable china is.
Chinese government has control of the banks, real estate market, social media and now public opinion with the credit score and soon to come the digital yuan.
I did not see a collapse but likely a decline and the next couple of decades due to population difficulties
@@hughmungus2760 LOL they forgot to mention this in the latest PBD podcast episode re: banning use of Apple products by gov't employees.
The US wrecked Japan's economy with the Plaza Accords. They try to wreck Chinas as well, but China is not Japan. And it has its sovereignty, most important of all.
this smells of chatgpt
Excellent info, thank you for sharing PBD, you’re the Best
I don't think he mentioned the demographics problem with the aging population. Also the Shanghai stock index peaked in 2007 at 6100 currently about 3100 50% lower than 16 years ago.
We have been on a recession since the beginning of 2022, but big media and governments all over the world didn’t want to admit it. We need to be wise and use our brains. Knowledge is power and I’d like all the family to be powerful! Just purchased some AB
Hey PBD, I love what you do and I guess I’m a super fan. Question or suggestion…I would have loved to here the comparison of how many homes to people we have in America. For example, we have billionaires who have 4+ homes, we have so many vacant homes and businesses in the cities,etc. One of my biggest pet peeve’s is that I see so many vacant homes and businesses in America and then I see them building new construction right next door. Also the inner cities, all these boarded up homes that are vacant and then all of these homeless people (especially now) living on the streets.
I have a Graduate degree, I’m in education, and the mental health field. However, I cannot make sense of this. When you talk about a subject and break it down, it makes more sense to me. So, I was hoping one of your topics can discuss this and why our government (Right and Left) allow this to happen.
Tax unproductive empty buildings especially deteriorating properties. Tax breaks for productive?
It appears that a large part of the "Homeless" problem is actually a drug abuse and mental health crisis. L.A. is a perfect example of mis diagnosing a Homeless problem. None of those people want or even need homes. The weather is perfect year round, the drugs are cheap and easy to find. If these people were suddenly given homes a large portion of them would die rather quickly because at least when they're on the street there is always someone with narcan nearby when they overdose....which happens all the time when the drug of choice is ever changing fentanyl anologs coming from china.
No civilized society allows schizophrenics and addicts to roam the streets smoking meth+fentanyl while sleeping in filth.
Real eye opener! I love this video
I've been hearing about China's economy / building sector imploding for 3 straight years now
3 years is not a long time.
@@markvoelker6620 It's long enough to deduce whether the 'sky is falling right now!' crowd is correct or not. Say it long enough and you'll eventually be right, just like a broken clock.
@@deesee6009 I don’t know about “right now”. You can’t call when a complex system will suddenly change (for example when that avalanche will come down) but you can tell it’s going to.
When will the next bear market start? We’ll know after the fact. But it will start.
I have been hearing about it for 35 years by so called western experts who never visited China. Heck they never left their studios except washroom breaks.
@@markvoelker6620bla bla bla you bears are all the same. Wrong 80% of the time.