On December 19, 2024, Professor Jeffrey Sachs delivered a keynote speech at The 21ST China International Finance Forum (CIFF) on the topic "International New Situation and China's Economic Outlook in 2025." For more information, please visit: www.ciff.org.cn
why don't you recommend a REAL BRICS currency and you ask for a fake digital currency which will mean that BRICS is the same US/ Jewish digital tyrrany?
@@BB_MMX1 He does not know how to integrate the oligarchic blood lines, corporatistic money lines and ascensionalistic power lines and their respective ...family vslues, freedom values, and functional values.... coming forth and going forward.
He’s so behind as are so many of y’all the trade war is over Biden won and Silicon Valley wants the market back. The inflation reduction act vs the Chinese stimulus efforts and America won aka the left end of the dems advocating for real industrial policy despite all of the other forces including sacks and won it before Trump could lose it lol
I hope Professor Jeffrey Sachs right to free speech will be upheld and protected by the American constitution and he will in the next four years be able to continue to be the voice of reason and good sense.
The future is in the developing world and China understood that. China's greatest strength is the close relationship it has built with the developing world.
We have the CIA to undermine the third world , force them to be our cheap labor and manufacturing whores ,allowing holding down and erasing American middle class. This keeps capital isolated into the same few hands.
How is China navigating its evolving trade landscape? Are strategic shifts and initiatives like the Regional Comprehensive Economic Partnership (RCEP) & the Belt and Road Initiative (BRI) reshaping global economic dynamics. By achieving a substantial $1.8 trillion in trade volume with its 14 RCEP partners in 2023, is China reducing dependency on traditional Western economies & pivoting towards emerging markets, since 2019
This is one of a few people that I truly respect. I am British. I urge China to continue it phenomenal growth and to keep developing and expanding its already significantly influence in the world stage. We desperately need a multi polar world for the rest of us to grow and prosper. I am tired of the old Anglo Saxon outlook and dogmatic approach to world views. It’s harmful to my country and many other places around the world. The West has committed such atrocities time and time again with impunity. No checks and balances. It must change.
Well said my friend. Anglo-Saxon friends like you n Prof Jeffrey are what the world needs.😅 Welcome to the fair play polarisation world 😅the world will be a beautiful place if we are living together as a family.😅
@@carsongrey4248A lot of what you think of as human rights violations in China is our own ie western propaganda. Eg there are a great many videos of Uighars and their lives here on this platform, with basically no evidence of concentration camps and such. These have been posted by westerners who apparently travel around freely, filming freely. As is mostly the case in many countries (eg Georgia, right now, Hong Kong's yellow umbrellas etc), foreign NGO's, very well funded, identify "dissidents" and then fund the supposedly popular protests and demonstrations. The Chinese government came down hard on these dissidents (who, incidentally, threw a few b*mbs around) and was immediately accused by the west of all sorts of crimes against the Uighars in general. The New Atlas recently covered the means by which the west ie the US, destabilises targeted countries.
@lq4275 you are entitled to your opinion. You are one of the few who could not see the gem in Prof Sachs. I believe you are too intoxicated with the western propaganda about China. Yes. western propaganda always regards anything about China is no good. Go and see that China is safer, cleaner than any western countries including the US
Don't simply retire from something; have something to retire to. Start saving, keep saving, and stick to investments. Building wealth involves establishing routines, like consistently setting aside funds at regular intervals for smart investments
It’s really heartbreaking to see how inflation and recession impact low-income families. The cost of living keeps rising, and many struggle just to meet basic needs, let alone save or invest. It’s a reminder of the importance of finding ways to create financial opportunities. You've helped me a lot sir Robert! Imagine i invested $50,000 and received $190,500 after 14 days
Some persons think inves'tin is all about buying stocks; I think going into the stock market without a good experience is a big risk, that's why I'm lucky to have seen someone like mr Robert L Cox.
Great video! I really do have a quick question. For someone with less than $50,000 to invest, How would you recommend we enter the market? I am looking study some traders and copy their strategy rather than investing myself and losing money emotionally. Whats your take on this approach?
Truly facing this recession without investment is actually risky, salaries are easily spent off.. This inflation has taught people the importance of multiples income investment helps a lot.
Same here!! I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement. I'm seeking to invest $200K across markets but don't know where to start
I'm very cautious about giving specific recommendations as everyone's situation varies. Consider independent financial advisors like "Mrs Jayden Lindsey" I've worked with her for some years and highly recommend her. Check if she meets your criteria.
I'm surprised you also trade with Lindsey Jayden, she's the best at what she he does. At first i was afraid too before i gave it a try and realized fear kills dream more than failure.
Ultimately God puts the wicked in their place. Any African would tell you that when all your policies are self defeating then you have been cursed. This is not against YOU specifically, I don't know you, it's just my thoughts on what you said.😳
@@johnsmith1474 I'm just curious: what kind of a personal crusade are you leading against Prof. Sachs? I keep falling upon your 1 or sometimes 2 sentences replies which are always saying the same "nothing". Why don't you contact him and hatch it out with him personally rather than just spewing ad hominem attacks against someone you don't know?!
“Food is the currency of tomorrow.” Things are going to get worse economically & socially in the West before it gets a lot worse. Inflation isn’t going away.
Nobody, because he won't enact them. Use your tiny brain, Trump is using the threat of tariffs, not tariffs. He won't do anything that makes people in redneck Pennsylvania whine about prices at WalMart.
@@johnsmith1474 I'm just curious: what kind of a personal crusade are you leading against Prof. Sachs? I keep falling upon your 1 or sometimes 2 sentences replies which are always saying the same "nothing". Why don't you contact him and hatch it out with him personally rather than just spewing ad hominem attacks against someone you don't know?!
The more I am listening to Dr. Sachs, the more I am getting mesmerised by his wisdom. 😊 His advices are like sermons on this Christmas Day with which not only China, but also the whole world will be benefited. Hats off .. ❤
You must be high, what did he say that was new, or clever, or even interesting? It was a mundane "stay the course" speech. The Chinese manage a monumental economy, their was no advice in that speech that was even useful.
@@johnsmith1474 I'm just curious: what kind of a personal crusade are you leading against Prof. Sachs? I keep falling upon your 1 or sometimes 2 sentences replies which are always saying the same "nothing". Why don't you contact him and hatch it out with him personally rather than just spewing ad hominem attacks against someone you don't know?!
At least this is my first time hearing a Real Economist makes suggestion of how China should move forward against US bullying tactic. I also hope China hear what Professor Jeffrey Sachs has suggested and take in his suggestion.
Nobel prize are decided by the Global West. There Is no chance for critics to get Nobel. Prof. Sachs is even banned from every Western MSM and from every institution of Global West
So true the BYD is a good car and affordable. Or so it was but no more at least for US consumers. Perhaps for other parts of the world but not here in the US. Yikes, what is happening.
I hope we all know that it doesn't matter who is in the 'top job' because this is a systemic problem -- greed. We have allowed many of our economic sectors, to take advantage of the American people. It's disgusting and frightening for the future of our country. My husband and I will be retiring in the next two years n another country. We are absolutely worried that SS! will no longer be funded. we'll have to rely on his pension, a 403 (b) and a very prolific Investment account with Stephanie Janis Stiefel my FA. Our national debt is bloating and expanding every month. Our government needs to get spending under control and cut the federal budget.
I know this lady you just mentioned. Stephanie Janis Stiefel is a portfolio manager and investment advisor. She gained recognition as an employee of neuberger berman; a renowned investor she is. Stephanie Janis Stiefel has demonstrated expertise in investment strategies and has been involved in managing portfolios and providing guidance to clients.
I’m planning on moving to Thailand in the next 5 years if trump’s government doesn’t do anything with the high prices of groceries and taxes What about you??
The Chinese are smart people they know what they are doing to them the dollar is just a piece of paper it's not real money, what is real to them is commodities and they know how to get them,
Very well said from 10:45 to the end. Perhaps a few other things that are worth noting, are; - Make sure that the new silk road provides the accessibility of other countries to each other's tradable goods and it is not just used for trade between China and other states. - Be very mindful of the security and safety of the trade routes. Make the political and security arrangement to safeguard the new and expanding silk road.
@@louisbothma2491Sarcasm...The captured claimed God gave them the USA over the indigenous people, the God of this unholy text will now bless the US the same way.
The Chinese system and policies are geared more to protect the wealth , happiness and stability of its long term aims. BRICS, BRI , large internal domestic consumer base , expanding influence in ASEASN , Latin America and African markets wil. l more than compensate for the global disruption caused by USD decline.
The USA is not falling,everything is according to plan, the world is being divided into two parts but all under a global government, don't worry, this is an introduction to digitalization, not the downfall of the USA
Big fan, Professor Sachs, is even inspiring and from what I can tell, Chain's main export seems more of a win globally than the US, particularly as the US seems to mostly export conflict on a global scale, good luck Professor.
The digital currency will definitely be a game changer. Can you imagine it being integrated into Chinese companies like Alibaba and used to settle international trade instead of going through the SWIFT? I will definitely get some.
Professor Sacks has a good understanding of China, and his suggestions are great. However, I think President Xi and the CPC know all this, and they are already 5-10 years ahead. They always plan ahead.
The best thing that trump can do for us. Is do not put any tarrifs on Chinese items. They have the best cars the best batteries. And this is what we need - cheaper cars that are much better than tesla - The CEO of GM is riding a chinese electric car. He loves it. Plus the chinese cars charges up in ten minutes.
Thank you for your videos mate.... With Trump's presidency, economic shifts are expected to be significant, especially given the current recession and the potential impact of future rate cuts. Although rate cuts might not boost inflation as hoped, they may lead banks to further restrict consumer and corporate lending, contributing to a deflationary period for various assets. This environment could result in declining stock values, retail and housing sales, and rising unemployment due to layoffs. For investors, a diversified portfolio especially with stocks and cryptocurrencies offers some protection, serving as a hedge amid volatility. Both long- and short-term trading strategies can help manage risks, providing stability as markets adjust. I have managed to grow a nest egg of around 130k to a decent 732k in the space of a few months... I'm especially grateful to Milton Harper, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape..
'Developing Economies' transactions do not have to be on credit. Credit swaps can be developed to third party partners as a part settlement, when these do not exist a different mutually constructive process must be found. This requires real diplomatic depth and honesty and skill.
If we're not supposed to sanction Russia for it's incursion what is the correct reaction? Send people into the conflict zone? Do nothing? Is imprisonment the weaponization of freedom?
They take the ball away when the other players beat them at the game. Now they want to arbitarily change the rules so that they can continue to win without effort.
It wasn’t that it wasn’t irreversible it was that politicians didn’t try and/or didn’t care to. Or worse yet some knew what they were doing and got rich doing it.
@@Kingofthehill84 but the amount that china holds is less than half of what it was and china isn't the only country selling off it US bonds, thats why US inflation is so high and not looking at dropping any time soon
I doubt China is likely is to follow Japan's footsteps with respect to allowing the RMB to appreciate in a manner detrimental to its economy. Japan is a defacto occupied territory of the US 😂
This guy is smart. China should ensure they partner with the developing world and help them cultivate growth of their middle class which ultimately will be a sustainable consumer base. Long term finance is a good start.
Thank u very much ,Brother J. Sachs for for your speech. Whatever you have said is quite right and true. China's rise and development means the betterment and beneficial to the poor and developing countries around the world. Keep going on such interview and speeches so as to inform the world right things. Let me salute u once again, from Nepal.
The best move any USA President could ever make to improve USA economy would be to stop spending so much on MIC. USA population is +/- 4% of global population but spends +/- 40 % of global military budget. Why not spend only 4% of the global military budget and use the difference to invest in economy at home that so deeply needs it. There are so many infrastructures and servic es that require urgent influx of money that it would have dramatic positive effect on USA as a whole and millions of US citizens' lives would improve as well. I know you can not change the true nature of things nor men but, in this season of miracles, why not hope that the LIGHT touches those who decide before the world ends in DARKNESS ? The most dangerous ennemy has always been the ennemy within.
The USA is led by the beast system. You forgot to mention that the US was conquered through the Genocide of native Americans and built on the back of slaves farming cotton for export. Then the petrodollar gave unfair advantage to the US as the US could just print out of thin air to spend as they wish. The US is used to cheap labor and domination and it will not change until someone throws a BRICK in the face of the US 😅
i feel USA want an actual weapons war against China, the other spokes man on behalf of USA john mearsheimer literally wants a real war, and he wants everyone else to support USA for this war mongering action. Economic war, War of the narrative, cyber war, War on Talents, proxy war, smearing campaign, all already happened. We are in real bad times, I dont see USA using a gentle diplomatic approach because they are too self centred and self righteous.
i feel they want an actual weapons war against China, the other spokes man john mearsheimer literally wants a real war, and he wants everyone else to support for this war mongering action. Economic war, War of the narrative, cyber war, War on Talents, proxy war, smearing campaign, all already happened. We are in real bad times, I dont see west using a gentle diplomatic approach because they are too self centred and self righteous.
Se avesse fatto come dici tu e non fossero intervenuti nella seconda guerra mondiale oggi non ci sarebbero più ne la Russia e tutta l 'Europa sarebbe sotto il nazismo e fascismo , l asia sarebbe in mano ai Giapponesi e ora o forse già da qualche anno gli Stati Uniti sarebbero una colonia d 'oltremare . La storia insegna che finchè sei una potenza militare puoi dire la tua sullo scenario globale , vivere nell' orticello di casa pensando che mai nessuno ti toglierà la tua vita tranquilla è un 'illusione le guerre sono sempre esistite da che mondo è mondo e non penso che mai finiranno.
This Prof. speak the truth without any fear or favour. A very intellectual and brilliant MAN. Uncle sam will soon sanction n blacklist him as a threat to their national security.😮 Hopefully God will protect him whenever he is and continues to be a voice of the world 😂 10mil 👍❤
i find it sad that the world has to work out how to survive USA intimidation and aggression, rather than the world stopping USA intimidation and aggression in the first place.
Yes totally agree,?. Why would china want to export goods to usa anymore, when usa not dare to assure and guarantee usa dollars trustworthy anymore now,?.. So usa are indirectly telling all nations that you all accept usa dollars at your own risk now,?. As usa dont wants to assure and guarantee its overprinted dollars trustworthy anymore now,?....
I agree with everything the professor said. China needs to continue on its steady path towards prosperity build up its navy and armed forces and not let itself bully
Since China is going to export less to USA, there is no reason to depreciate the RMB but be kept stable as a yardstick for international trade outside USA and Europe.
America's 100% Tariff is like -- "Why pay $5 for a US burger when you could have just spent $3 if a Chinese made of the same food is allowed with zero tariff"
Sachs is one of the few voices in the world who sees the true path to unity in the world, built upon the free, diverse association of peoples, of nations. The path to getting there will be a rocky one given the current US political ‘thinking’ but Sach’s vision is the evolutionarily inevitable one.
Merry Christmad Prof. Sachs. Your commentaries are simply brilliant! I hope you get Donald Trumps ear (the good one), at some stage!! Blessings from Australia...❤
On December 19, 2024, Professor Jeffrey Sachs delivered a keynote speech at The 21ST China International Finance Forum (CIFF) on the topic "International New Situation and China's Economic Outlook in 2025."
For more information, please visit: www.ciff.org.cn
why don't you recommend a REAL BRICS currency and you ask for a fake digital currency which will mean that BRICS is the same US/ Jewish digital tyrrany?
Professor Sachs is fair, decent, and brilliant. We need more people like him in the world.
Gey your tongue out of his filthy treasonous ass
@@BB_MMX1
He does not know how to integrate the oligarchic blood lines, corporatistic money lines and ascensionalistic power lines and their respective ...family vslues, freedom values, and functional values.... coming forth and going forward.
One Can Lead a Horse To Water, But You Can’t Make It Drink.... Pro. Sachs is knowledge of the World today.
What did he say here that qualifies as brilliant? Sounded pretty ordinary to me.
He’s so behind as are so many of y’all the trade war is over Biden won and Silicon Valley wants the market back. The inflation reduction act vs the Chinese stimulus efforts and America won aka the left end of the dems advocating for real industrial policy despite all of the other forces including sacks and won it before Trump could lose it lol
I hope Professor Jeffrey Sachs right to free speech will be upheld and protected by the American constitution and he will in the next four years be able to continue to be the voice of reason and good sense.
Yes I agree his life may be in danger and he may be taken in for questioning 🤔
Gonzalo Lira. - Merry Xmas.
U guys still believe in the constitucional rights. Lol. Remember macarthism and other sh*t usa pulled this last century
@@Novideos00 He will likely be "given" accidents first.
You can be sure that the right for free speech will not be upheld by his favorite countries: Russia, China etc.
The future is in the developing world and China understood that. China's greatest strength is the close relationship it has built with the developing world.
We have the CIA to undermine the third world , force them to be our cheap labor and manufacturing whores ,allowing holding down and erasing American middle class. This keeps capital isolated into the same few hands.
100% agree. They’ve checkmated us in the key parts of Africa
Unpatriotic. You’ll lose all your money.
@@ArenAurelius
Allied China ...Surveillance,Transparency, and Visioneering.... for integrally greater ...Sense, Science, and Salience....?
How is China navigating its evolving trade landscape? Are strategic shifts and initiatives like the Regional Comprehensive Economic Partnership (RCEP) & the Belt and Road Initiative (BRI) reshaping global economic dynamics. By achieving a substantial $1.8 trillion in trade volume with its 14 RCEP partners in 2023, is China reducing dependency on traditional Western economies & pivoting towards emerging markets, since 2019
Prof David is always magnificent. One of the few great men who speaks the truths
That was certainly not magnificent, it was just average.
@johnsmith1474 maybe you can do a better job than Prof Sachs.Ha ha ha
@@johnsmith1474 That "average" advises help & save Poland, Russia, an Arabian state and many more.
Prof Sachs is look all over for advise.
This is one of a few people that I truly respect.
I am British. I urge China to continue it phenomenal growth and to keep developing and expanding its already significantly influence in the world stage. We desperately need a multi polar world for the rest of us to grow and prosper. I am tired of the old Anglo Saxon outlook and dogmatic approach to world views. It’s harmful to my country and many other places around the world. The West has committed such atrocities time and time again with impunity. No checks and balances. It must change.
Thank you - I second your opinion!
Well said my friend. Anglo-Saxon friends like you n Prof Jeffrey are what the world needs.😅 Welcome to the fair play polarisation world 😅the world will be a beautiful place if we are living together as a family.😅
not sure China is any beacon of hope wrt human rights.
@@carsongrey4248A lot of what you think of as human rights violations in China is our own ie western propaganda. Eg there are a great many videos of Uighars and their lives here on this platform, with basically no evidence of concentration camps and such. These have been posted by westerners who apparently travel around freely, filming freely. As is mostly the case in many countries (eg Georgia, right now, Hong Kong's yellow umbrellas etc), foreign NGO's, very well funded, identify "dissidents" and then fund the supposedly popular protests and demonstrations. The Chinese government came down hard on these dissidents (who, incidentally, threw a few b*mbs around) and was immediately accused by the west of all sorts of crimes against the Uighars in general. The New Atlas recently covered the means by which the west ie the US, destabilises targeted countries.
@@carsongrey4248Better than usAnglosaxwefeug7zionistneocon neonasi😮😢😮😢
Prof Sachs is very sincere in giving China good advices.
I'm convinced he is a paid stooge. I really dislike his takes. they are so disengineous
@lq4275 you have the right to your opinion. You are definitely one who is blinded by the western lies and propaganda about China.
@@lq4275 Sounds like you follow him frequently. Takes one to know one😂
@@lq4275if you don’t like it then he become a stooge. Watch all his videos.
@lq4275 you are entitled to your opinion. You are one of the few who could not see the gem in Prof Sachs. I believe you are too intoxicated with the western propaganda about China. Yes. western propaganda always regards anything about China is no good. Go and see that China is safer, cleaner than any western countries including the US
Don't simply retire from something; have something to retire to. Start saving, keep saving, and stick to investments. Building wealth involves establishing routines, like consistently setting aside funds at regular intervals for smart investments
It’s really heartbreaking to see how inflation and recession impact low-income families. The cost of living keeps rising, and many struggle just to meet basic needs, let alone save or invest. It’s a reminder of the importance of finding ways to create financial opportunities. You've helped me a lot sir Robert! Imagine i invested $50,000 and received $190,500 after 14 days
Absolutely! Profits are possible, especially now, but complex transactions should be handled by experienced market professionals.
Some persons think inves'tin is all about buying stocks; I think going into the stock market without a good experience is a big risk, that's why I'm lucky to have seen someone like mr Robert L Cox.
Finding yourself a good broker is as same as finding a good wife, which you go less stress, you get just enough with so much little effort at things
Cox demonstrates an excellent understanding of market trends, making well informed decisions that leads to consistent profit
Great video! I really do have a quick question. For someone with less than $50,000 to invest, How would you recommend we enter the market? I am looking study some traders and copy their strategy rather than investing myself and losing money emotionally. Whats your take on this approach?
Truly facing this recession without investment is actually risky, salaries are easily spent off.. This inflation has taught people the importance of multiples income investment helps a lot.
That is true my dear, Investment is the best idea presently and without it, human struggles are worthless.
Same here!! I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement. I'm seeking to invest $200K across markets but don't know where to start
I'm very cautious about giving specific recommendations as everyone's situation varies. Consider independent financial advisors like "Mrs Jayden Lindsey" I've worked with her for some years and highly recommend her. Check if she meets your criteria.
I'm surprised you also trade with Lindsey Jayden, she's the best at what she he does. At first i was afraid too before i gave it a try and realized fear kills dream more than failure.
Sachs makes some very thoughtful recommendations
Like what? Name one. I listened very carefully and as per usual with Sachs there was less than expected.
Virtually all of our policies are self-defeating.
Ultimately God puts the wicked in their place. Any African would tell you that when all your policies are self defeating then you have been cursed. This is not against YOU specifically, I don't know you, it's just my thoughts on what you said.😳
And many people around the globe find this a good thing. Go ahead and decline, America
@@Africanchild825 No ‘God’ to do your bidding.
What a great man
Why? Say why, clarify your claim.
Jeffrey S@chs is a genius. Thank you for this interview.!!
There was nothing even remotely genius in this little talk.
@@johnsmith1474 I'm just curious: what kind of a personal crusade are you leading against Prof. Sachs? I keep falling upon your 1 or sometimes 2 sentences replies which are always saying the same "nothing". Why don't you contact him and hatch it out with him personally rather than just spewing ad hominem attacks against someone you don't know?!
Prof. Sachs..... one of THE LAST HUMAN...❤
So true
Hope he doesn’t have a heart attack soon.
Retarded!
Weaponizing once currency is a very bad move on USA's part against any country🤔... Live and let live is the best way for everyone😎... #TDBank🌎💘💰
Indeed. Russians should live and let the Ukrainians live.
Talk to Putin cause he doesn't respect your principles.
And who will ultimately pay for these tariffs? The American consumer, make no mistake, these higher costs will work their way down the food chain.
“Food is the currency of tomorrow.” Things are going to get worse economically & socially in the West before it gets a lot worse. Inflation isn’t going away.
Nobody, because he won't enact them. Use your tiny brain, Trump is using the threat of tariffs, not tariffs. He won't do anything that makes people in redneck Pennsylvania whine about prices at WalMart.
Thank you, Prof Sachs for the sound, practical and impartial advices for China. Just hope that he won’t be persecuted by his own government.
I think he's rich enough to not be persecuted.
He didn't say anything even remotely controversial.
@@johnsmith1474 I'm just curious: what kind of a personal crusade are you leading against Prof. Sachs? I keep falling upon your 1 or sometimes 2 sentences replies which are always saying the same "nothing". Why don't you contact him and hatch it out with him personally rather than just spewing ad hominem attacks against someone you don't know?!
Great logic. Learnt a lot! Thanks Prof. Sachs
The more I am listening to Dr. Sachs, the more I am getting mesmerised by his wisdom. 😊
His advices are like sermons on this Christmas Day with which not only China, but also the whole world will be benefited.
Hats off .. ❤
You must be high, what did he say that was new, or clever, or even interesting? It was a mundane "stay the course" speech. The Chinese manage a monumental economy, their was no advice in that speech that was even useful.
@johnsmith1474 You must be an economist much better than Dr. Sachs. Look forward to hearing your talk on global economics in the near future 😃😉
@@johnsmith1474 I'm just curious: what kind of a personal crusade are you leading against Prof. Sachs? I keep falling upon your 1 or sometimes 2 sentences replies which are always saying the same "nothing". Why don't you contact him and hatch it out with him personally rather than just spewing ad hominem attacks against someone you don't know?!
you should get that checked out by doctor, buddy, you sound quite ill
At least this is my first time hearing a Real Economist makes suggestion of how China should move forward against US bullying tactic. I also hope China hear what Professor Jeffrey Sachs has suggested and take in his suggestion.
Mr Sachs is been vocal of what US doing.
We are ruled by ruthless fools.
On purpose I might add.
@Cloudchopper-x1r What do you mean?
The USA is a kakistocracy a government of a state by it's most stupid ignorant least qualified and unprincipled citizens in power
@@Cloudchopper-x1r the USA is a kakistocracy a government of a state by it's most stupid ignorant least qualified and unprincipled citizens in power
People of Russia & China would disagree? 🤔
Professor Jeffry sacks, is an asset and citizen of the world.
When will he get the Nobel Peace Prize 🏆, for his service for humanity and peace?
Someone please write up a petition or recommendation for all of to sign & present it to the Nobel Peace Prize Judging Committee!
Nobel prize are decided by the Global West. There Is no chance for critics to get Nobel. Prof. Sachs is even banned from every Western MSM and from every institution of Global West
Merry Christmas prof.zach..you are a world citizen 👍
Very very wise Man.
I'm really pissed that we can't buy Chinese cars. Because they are the best. The US destroyed themselves a long time ago.
The envy and hate runs deep.
So true the BYD is a good car and affordable. Or so it was but no more at least for US consumers. Perhaps for other parts of the world but not here in the US. Yikes, what is happening.
Love Prof Sachs. Luke Richard Wolff and others, have followed him for years, ALWAYS "liking" 👍 and Sharing his videos. Great man.
Confucius speed China 👍🙏
If the only way to achieve world peace the whole world should ditch using the USD.
They wont allow it. Heaven forbid. The US and Europe. They will rather burn the whole house down than be equal to everyone else.
Lol
@@eyeonchina2023And in the field the lone sheep laughed as the wolves closed in lol
I hope we all know that it doesn't matter who is in the 'top job' because this is a systemic problem -- greed. We have allowed many of our economic sectors, to take advantage of the American people. It's disgusting and frightening for the future of our country. My husband and I will be retiring in the next two years n another country. We are absolutely worried that SS! will no longer be funded. we'll have to rely on his pension, a 403 (b) and a very prolific Investment account with Stephanie Janis Stiefel my FA. Our national debt is bloating and expanding every month. Our government needs to get spending under control and cut the federal budget.
I know this lady you just mentioned. Stephanie Janis Stiefel is a portfolio manager and investment advisor. She gained recognition as an employee of neuberger berman; a renowned investor she is. Stephanie Janis Stiefel has demonstrated expertise in investment strategies and has been involved in managing portfolios and providing guidance to clients.
I’m planning on moving to Thailand in the next 5 years if trump’s government doesn’t do anything with the high prices of groceries and taxes
What about you??
Been debt free for two years thanks to Stephanie Janis Stiefel. So sad to see my friends in their 40s with car loans, mortgages and credit card debt.
Please stop gentrifying countries
How can i reach Stephanie if you don't mind me asking?
Heard she’s an IA.
The Chinese are smart people they know what they are doing to them the dollar is just a piece of paper it's not real money, what is real to them is commodities and they know how to get them,
Very well said from 10:45 to the end.
Perhaps a few other things that are worth noting, are;
- Make sure that the new silk road provides the accessibility of other countries to each other's tradable goods and it is not just used for trade between China and other states.
- Be very mindful of the security and safety of the trade routes.
Make the political and security arrangement to safeguard the new and expanding silk road.
Also 00:00 to end is well said and I like his smart voice
Men of peace . Always finds life hard ☮️
Pro. Sachs is always very straight forward n sincere in his opinions n advice, very insighting.
Sad to see the greatest and richest nation on earth is continuing to dig its own grave deeper and deeper...RIP to USA.😟😟😢😢👍👍👏👏
God Bless America..😊😊... 😁😁
"the greatest". this guy never travel to other countries and see how people live
@@ZhenYae god cannot even use social media. BRICS is greater than the american god.
@@anyq_CS The rest of the world is a hell hole to orange man.
@@louisbothma2491Sarcasm...The captured claimed God gave them the USA over the indigenous people, the God of this unholy text will now bless the US the same way.
Thank you Professor Sachs for your tireless work for peace and prosperity. Merry Christmas. Wishing you health , strength and successes in 2025.
Mr. Sachs, i must say you have 100% right and the EURO follow very fast BILLIOND AND BILLIONS DEPTS
The Chinese system and policies are geared more to protect the wealth , happiness and stability of its long term aims. BRICS, BRI , large internal domestic consumer base , expanding influence in ASEASN , Latin America and African markets wil. l more than compensate for the global disruption caused by USD decline.
The USA is not falling,everything is according to plan, the world is being divided into two parts but all under a global government, don't worry, this is an introduction to digitalization, not the downfall of the USA
Keep up the good work professor..
Big fan, Professor Sachs, is even inspiring and from what I can tell, Chain's main export seems more of a win globally than the US, particularly as the US seems to mostly export conflict on a global scale, good luck Professor.
The digital currency will definitely be a game changer. Can you imagine it being integrated into Chinese companies like Alibaba and used to settle international trade instead of going through the SWIFT? I will definitely get some.
Thank you professor for imparting some economical knowledge for me … I really enjoyed your video / Lecture , THX 🙏
Well said, very respected professor.
This guy doesn't understand the global monetary system
@@markmcguire7261 what are your credentials? Interested to read the your published papers, please provide a link
@@markmcguire7261who are you?
Oh yes.. nobody
Forgot... Profs. Sachas and Merandi are the few experts that i can trust.
Many thanks to this Chanel for having the expert in economy and geopolitic,to hear his wiseful criteria
Professor Sacks has a good understanding of China, and his suggestions are great. However, I think President Xi and the CPC know all this, and they are already 5-10 years ahead. They always plan ahead.
incredible good contribution. thank you!!
The best thing that trump can do for us. Is do not put any tarrifs on Chinese items. They have the best cars the best batteries. And this is what we need - cheaper cars that are much better than tesla - The CEO of GM is riding a chinese electric car. He loves it. Plus the chinese cars charges up in ten minutes.
Thank you for your videos mate.... With Trump's presidency, economic shifts are expected to be significant, especially given the current recession and the potential impact of future rate cuts. Although rate cuts might not boost inflation as hoped, they may lead banks to further restrict consumer and corporate lending, contributing to a deflationary period for various assets. This environment could result in declining stock values, retail and housing sales, and rising unemployment due to layoffs. For investors, a diversified portfolio especially with stocks and cryptocurrencies offers some protection, serving as a hedge amid volatility. Both long- and short-term trading strategies can help manage risks, providing stability as markets adjust. I have managed to grow a nest egg of around 130k to a decent 732k in the space of a few months... I'm especially grateful to Milton Harper, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape..
He's mostly on Telegrams, using the user name.
@MiltonHarper
Milton Harper is among the best traders on the internet and I'll keep saying it every time.
Nice info, i appreciate your concern this will help a lot especially to the young investors who have no or lesser knowledge on how the market works.
He's really good in studying the market and making a strategy and i am learning so much from him already.
'Developing Economies' transactions do not have to be on credit. Credit swaps can be developed to third party partners as a part settlement, when these do not exist a different mutually constructive process must be found. This requires real diplomatic depth and honesty and skill.
2024 countdown to 2025 is BRICS Celebration in China.
Most beautiful nation in the world.
China show it best example BRICS
Brilliant advice!
Don't Americans feel embarrassed after banging on about free market economy then take their ball away when others play too rough?
We are overworked, manipulated and ignorant in the usa.
@@anngreenfield6016 the USA is a kakistocracy a government of a state by it's most stupid ignorant least qualified and unprincipled citizens in power
If we're not supposed to sanction Russia for it's incursion what is the correct reaction? Send people into the conflict zone? Do nothing?
Is imprisonment the weaponization of freedom?
We are the dumbest populous on earth and we’re now paying for past generations passivity
They take the ball away when the other players beat them at the game. Now they want to arbitarily change the rules so that they can continue to win without effort.
I hope Brics will become stronger and better for the future.
"In Politics nothing happens by Accident, if it doesn't happen you can bet it was planned that way" President Franklin D Roosevelt.
The the US threatens others not to abandon its greenback, the more they are hastening to de-dollarise! Going forward it is irreversible! 😅
But China's still continues to use the USD though by issues USD treasure bonds in China market...
It wasn’t that it wasn’t irreversible it was that politicians didn’t try and/or didn’t care to. Or worse yet some knew what they were doing and got rich doing it.
@@Kingofthehill84 but the amount that china holds is less than half of what it was and china isn't the only country selling off it US bonds, thats why US inflation is so high and not looking at dropping any time soon
In light of the choices the US people have made, I share your hope for Chinese leadership.
I doubt China is likely is to follow Japan's footsteps with respect to allowing the RMB to appreciate in a manner detrimental to its economy. Japan is a defacto occupied territory of the US 😂
Best person in the world speaking facts and truth . Most admired and truly respected.
Prof Sach wants balance in this world and he see China as the balance.
Prof Sachs is a man of common sense and reason.
Apparently, world is finally fed up of being robbed and has started to cut the leash.
China would be the greatest country on earth.
This guy is smart. China should ensure they partner with the developing world and help them cultivate growth of their middle class which ultimately will be a sustainable consumer base. Long term finance is a good start.
Insolvent debt-ridden economies are very dangerous to the rest of the world because desperate times cause desperate measures.
Thank u very much ,Brother J. Sachs for for your speech. Whatever you have said is quite right and true. China's rise and development means the betterment and beneficial to the
poor and developing countries around the world. Keep going on such interview and speeches so as to inform the world right things. Let me salute u once again, from Nepal.
Only sensible and rational action for countries to take. Only the Anglophone nations are happy to be sitting ducks.
Excellent content. Neutral analysis. No manipulation of thoughts.
The best move any USA President could ever make to improve USA economy would be to stop spending so much on MIC.
USA population is +/- 4% of global population but spends +/- 40 % of global military budget.
Why not spend only 4% of the global military budget and use the difference to invest in economy at home that so deeply needs it.
There are so many infrastructures and servic es that require urgent influx of money that it would have dramatic positive effect on USA as a whole and millions of US citizens' lives would improve as well.
I know you can not change the true nature of things nor men but, in this season of miracles, why not hope that the LIGHT touches those who decide before the world ends in DARKNESS ?
The most dangerous ennemy has always been the ennemy within.
Well said!! 👏👏
The USA is led by the beast system. You forgot to mention that the US was conquered through the Genocide of native Americans and built on the back of slaves farming cotton for export. Then the petrodollar gave unfair advantage to the US as the US could just print out of thin air to spend as they wish.
The US is used to cheap labor and domination and it will not change until someone throws a BRICK in the face of the US
😅
i feel USA want an actual weapons war against China, the other spokes man on behalf of USA john mearsheimer literally wants a real war, and he wants everyone else to support USA for this war mongering action. Economic war, War of the narrative, cyber war, War on Talents, proxy war, smearing campaign, all already happened. We are in real bad times, I dont see USA using a gentle diplomatic approach because they are too self centred and self righteous.
i feel they want an actual weapons war against China, the other spokes man john mearsheimer literally wants a real war, and he wants everyone else to support for this war mongering action. Economic war, War of the narrative, cyber war, War on Talents, proxy war, smearing campaign, all already happened. We are in real bad times, I dont see west using a gentle diplomatic approach because they are too self centred and self righteous.
Se avesse fatto come dici tu e non fossero intervenuti nella seconda guerra mondiale oggi non ci sarebbero più ne la Russia e tutta l 'Europa sarebbe sotto il nazismo e fascismo , l asia sarebbe in mano ai Giapponesi e ora o forse già da qualche anno gli Stati Uniti sarebbero una colonia d 'oltremare . La storia insegna che finchè sei una potenza militare puoi dire la tua sullo scenario globale , vivere nell' orticello di casa pensando che mai nessuno ti toglierà la tua vita tranquilla è un 'illusione le guerre sono sempre esistite da che mondo è mondo e non penso che mai finiranno.
The problem is coming sovereign debt defaults. Having to sell new debt to pay off old debt.
Happy Holidays, Dr. Sachs. GO LIONS!!!
GOD bless Professor Jeffrey Sachs and his family.
This Prof. speak the truth without any fear or favour. A very intellectual and brilliant MAN. Uncle sam will soon sanction n blacklist him as a threat to their national security.😮 Hopefully God will protect him whenever he is and continues to be a voice of the world 😂
10mil 👍❤
If Europe adopts a protective market, their own economies will suffer
You are truly patriot American and intelligent man utmost respect for you sir from patriot American navy captain and Muslim god bless USA 🇺🇸 😊
Sach’s analysis and his mind in general restores my diminished faith in humanity.
Great overview and analysis ❤
Prof Sach is the most respected academic world
Amazing advices from a great economist. A true world leader!
I'm sure the CPC is listening to Mr. Sachs advice and taking notes.😅
US should speed up its own development other than try to hinder China. That’s the only way to succeed in the future. China is not Japan.
Who needs enemies when you have friends like US
Thnx for educating us professor Sachs
i find it sad that the world has to work out how to survive USA intimidation and aggression, rather than the world stopping USA intimidation and aggression in the first place.
Sir, deepest gratitude for your invaluable advice to help in China's economy.
I don't think chinese really cares about exporting to the US.
Yes totally agree,?.
Why would china want to export goods to usa anymore, when usa not dare to assure and guarantee usa dollars trustworthy anymore now,?..
So usa are indirectly telling all nations that you all accept usa dollars at your own risk now,?.
As usa dont wants to assure and guarantee its overprinted dollars trustworthy anymore now,?....
I think Jeffrey has something right here.
Washington still lives in his own bubble and not see that world is changing.
You always have my full respect!
Hallelujah
It's about time the dollar get it's real value (toilet paper)
Of course, US dollar will use a toilet paper soon
I agree with everything the professor said. China needs to continue on its steady path towards prosperity build up its navy and armed forces and not let itself bully
Sleepless nights in Washington, DC as China rises to the top of the world
BRICS+ THEN SOME AND MORE OF IT
Since China is going to export less to USA, there is no reason to depreciate the RMB but be kept stable as a yardstick for international trade outside USA and Europe.
Bless you, thank you.
Brilliant analysis
Excellent recommendations.
America's 100% Tariff is like --
"Why pay $5 for a US burger when you could have just spent $3 if a Chinese made of the same food is allowed with zero tariff"
I don't really understand why anyone could look around and think it is reasonable to make more humans.
Sachs is one of the few voices in the world who sees the true path to unity in the world, built upon the free, diverse association of peoples, of nations. The path to getting there will be a rocky one given the current US political ‘thinking’ but Sach’s vision is the evolutionarily inevitable one.
Merry Christmad Prof. Sachs.
Your commentaries are simply brilliant!
I hope you get Donald Trumps ear (the good one), at some stage!!
Blessings from Australia...❤