Those countries know what they’d did to China during the more than a century of humiliation . And now thinking they would like to do that again. NO WAY China will let that happen again.
Agree. The West also forgets that China had been a powerful and inventive civilisation for centuries. It has this wealth of experience and knowledge to draw from. But more importantly, it has learnt the lessons from the century of humiliation to - NOT be too arrogant to learn from others - NOT let domestic power struggle destroy the civilisation progress you've made (watch Empires of Silver documentary for an interesting explanation of this) China has learnt from the developed nations. But rather than copying everything exactly and literally, it studied the details and principles, then ADAPTED specifics that might be relevant and useful to the development and unique context of China, blending it with lessons from Chinese history. Afterall, Marxism and the scientific methods are both ideas conceived in Europe. But the so call authoritarian approach is like Chinese Tiger Parenting at a national scale, and much more ingrained because of China's Confucius traditions. Much of the West's fear of China is a projection of what they would do if they were in China's shoes. The West has gotten so used to being the sole superpower in the last few centuries that it can't envision any other way of thinking as being legitimate. The West does not respect context, it imposes its will on the rest of the world. It may nominally have democracy domestically; it certainly doesn't practice democracy when it comes to foreign policies. It'd happily install dictators if they are willing to let the West exploit their countries' populations and resources, and/or gang up on anyone the West deem a threat to its supremacy. Even the West's domestic democracy seems a mirage, given the buried histories and recent crackdown on anti-Israeli-genocide dissenters. The West should be thankful that the Chinese government isn't like the West and doesn't seek to be like the West. Trade, stability, win-win propositions, and a bit more collaborations will benefit ALL of us. The West's insatiable greed that value profit over lives, and scarcity mindset drives people towards win-lose / kill or be killed competitions will be a waste of human potentials and take us backward. Compete to be the best and not compete to kill the competitions. The former fosters innovations whereas the latter encourages dirty tactics and short-termism.
The centennial national humiliation is to motivate oneself, to avoid being bullied, not to bully others. We are the ones who understand the suffering of being bullied the most, how can we bear to bully others?
@@afzaalkhan.m Much of the western "democracies" built their prosperity on excluding large swathe of population from their democracy and exploiting, robbing, or even killing these excluded groups. Sadly "democracy" has been a mere rhetoric to justify undemocratic behaviors towards populations to be conquered or exploited.
When the King visits The City of London, he wears Full Military Uniform and walks behind the Lord Mayor. William the Conqueror had to Do A Deal with The City.
No, the King of England had no power since about 1730, after gradual marginalisation as the English Bill of Rights (1689) and the act of Parliament in 1707.The drug Lord was Lord Palmerston in Parliament and it was not agreed with by most members of Parliament.As soon as Palmerston was replaced by Gladstone, they started to try to repair the damage, with limited success. Even the US demagogues who represented King George as a tyrant thousands of miles away, were contradicting themselves and because they were saying "there is no taxation without representation" simultaneously, which identified how easy it is to delude the public with impassioned debate without logic.Only UK Parliament could levy taxes (ironically, the first country with protected rights for citizens other than aristocrats closest to the King) - a rule-based system which the USA adapted into their own politics and law. UK Parliament was split into constituencies which is what the Americans were complaining about not being represented as a separate constituency - nothing to do with the King.
any ethnic group experience that will not put that behind so easily, it is just a common sense, if anyone is lack of that common sense, then he/she is doom to end of his DNA
@@waichui2988 Better question we should be asking what happened to China we need to go back further than the last 200 years China is a harbinger for us here in the west…. looking to these American and far right Governments like the ones getting elected in Europe right now. As they close in on themselves close off their borders China has had the luxury of rising and falling few times in history The reason why there is that 7 volume 27 book series on what the Chinese invented first, most have no clue about And we think they just copy and can’t innovate The last time being in the 1500s China spent the better part of a millennia trading places with what is now India for top economy in the world By the 1430s it was by far the top economy and technological leader in the world But their emperor at the time started the slow process of closing in on itself closing off its borders This lead to 400 years of decline and then an eventual semi colonization of China for 100 more years. Even up to the 1980s… 88% of the population was in abject poverty, knee deep in the mud of their family rice paddy plot, or making a dollar a day on a factory floor The big difference is back then they were not running up these huge external sovereign debts like we are seeing with our own Western Countries Now they are back these days, as they lead the “world” in 37 of 44 critical technologies of the future But it took then it took 550 years for them to come back Makes me wonder if our countries could survive a 500 year decline I’m thinking… not the Americans that’s for sure
And now Xi is doing his best imitation of Imperial Japan, looking to intimidate and/or subjugate neighbors as it goes after their resources. Much like an emperor from nearly a century ago.
If the Jews have the right to say: “Masada shall never fall again”, why can't the Chinese have the right to say: "The century of humiliation shall never happen again"?
Google David Sassoon & Co., Ltd. The J€\/\/$ controlled the opium trade from India to China, not the English. The English did what they were told by those with small caps.
hypocrisy and narcissism of western colonizers,usurers and gossipers with their talmudic rules based order Now western "civilization" built on plundering and exploiting others will be sent back dark ages over Lebanon pager attacks because more and more people in Eastern World and Global South are switching to Huawei,Xiaomi and other Chinese telecommunications and electronic products
@@derrick238 China isn’t doing anything by design- it’s karma at work. Fentanyl precursor manufacturing was brought and taught to the Chinese by the Belgian pharmaceutical company that invented it; now it is owned by Johnson & Johnson. Many American fortunes were built smuggling Turkish opium into China. American traders accounted for up to a third of all opium consumed in China by the 1820s. Opium did play a role in the U.S.'s international economic and imperialistic ascendance.
@@herp_derpingson actually not really. Germany made more reparations to the allies and Jews than the Japanese ever did after the war. The Japanese were never fully held to account because the China and Asian countries Japan occupied were in turmoil; and America needed Japan to contain the rise of the communists in China. Japanese textbooks whitewash and deny many of the atrocities committed during the war (slave labour, comfort women, bioweapons and medical research). The source of tension for many decades with many Asian countries (not just China). The Chinese suffered the most.
@@herp_derpingson Real efforts by Japan? The country still worships WWII criminals by maintaining permanent memorial positions for 12 convicted Class A criminals at the Yasukuni shrine. Government officials visit the place every year to pay respect.
Generally, youths in Taiwan and Hong Kong are also very blind to the fact that China was a victim of war atrocities committed by the West. The distortion of reality by Anglo- Saxon mainstream and politicians is ubiquitous.
As much as the West had blood on its hands over a hundred years ago for that war, the Qing were quite happy for opium to flow into the country, when it actually corresponded with them having a trade surplus in their favour.They only reacted against when that was turned around.They didn't show any concern for their people, just like know Their elite don't now As for the Brits and the French ancestors, that was a process started by one aristocrat called Lord Palmerston who had power and as soon as he he was removed, Gladstone who was ashamed of the whole process began to roll it back, to limited effect.But this has nothing to do with current generations of people in UK.Perhaps you should focus more on events that had far more damaging consequences to China e.g. Chiang's atrocities, Chairman Mao's revolution and the Japanese massacres lasting from before the war for every decade, to which they have never officially apologised and in fact have revised books to diminish and whitewash Japanese aggression - whereas your Brit citizen now is very ashamed of the ancestors involvement in the opium Wars, it's impossible not to be - but nobody knew about the true extent of the effects of drugs back then
If U$A can safeguard its interests without consequences then any country with the capability can and will follow in the footsteps of the U$. Wealth(GDP) needs to be protect with relative military. A rich family can employ relative amount of security guard to protect his wealth, but when his poor neighbor work very very hard to get rich but not allow to employ relative amount of security guard to protect his wealth？
The British India Company grew opium in India, exported the opium to China to get the Chinese hooked on the drugs. What followed was the Infamous Opium War of 1897 in which the Western countries in Europe led by England gave the Opposing Chinese forces a licking in the infamous Opium War in the Battle of Nanking. The Chinese were defeated and had to accede the Island of Hong Kong to UK for 100 years until 1997 when Hong Kong was returned to China. China never forgets that humiliation.
In modern terms, this would be like after a DEA drug bust, the Mexican cartels invaded US, destroyed the Army, sack Washington, and then annex Manhattan 😅 This sounds absurd, but it's essentially what happened to China in the 19th century.
China still shows an incredible level of restraint. Taiwan is a Provence of China regardless what the media claims and the US loading weapons into Taiwan would be no different to the China sending weapons to the Hawaii independence movement and patrolling the shores keeping US warships away. The US would immediately go to war and the fact that China is seeking a diplomatic answer shows they are not aggressive and show great restraint.
Then why does the Taiwanese government allows it and even encourages such loading of US weapon ?Hawaiians would never allow Taiwanese weapons in their soil .
according to the nips,it was fabricated,the united snake of murica ca even hire a nip reararcher from unit 791 as a paid consulton to fort detrick(home of original covid19).look it up.in 1960s us sent feather dipped feather in wheat virus during growning season to chna to stop china from helping the viet congs. the article appeared in the scientific american magazine,look it up.the mrica ca cover up all the nip atrocities in exchange for experiment data from nip unit791.piss on the nips and merica ca.
@@ayuan2359the Japanese are too arrogant, too full of themselves. They seem to think they are European and are do detached from the adia it terrorised.....well look at what their equally racist aryan friend did to them...... First they used nuclear bombs on them and secondly stitched them up at the secretly convened Bretton Woods summit in which the gang of 4 countries ganged up on them to destroy their economy. They are trying to do the same to China, but China is different it is friends with the global majority and not the global minority.
@@harryviking6347 this why youre all regretting it! this is why we own all youre stuff! This is why you guys keep repeating the same BS wars against innocent people around the world!
Trump: China is going to pay for the tariffs. People with decent understanding of trade and finance: No, the Americans are going to pay for the tariffs. American farmers: Why the Chinese stop buying our farm products? I thought you said trade war is easy to win? Trump: Don’t worry, our taxpayers are going to pay for your losses. Canadian farmers: China is also stop buying our canola. Our PM said we have to protect our EV industry, even though we don’t have a factory that is making any EV or battery.
Tariffs are not meant to make money. Tariffs by design are meant to make the country's population buy local and not foreign made items. This creates a demand for the item under tariff to be made in the country and thus creates the demand for companies and the workers to be made in county. More workers in country means their wages get taxed and they also spend their wages aiding in economic growth. Now should all items be under tariff? NO. But key industries should always remain within a country. Industries related to defense and the resources to supply the defense manufacturers should be under tariff, same goes for pharmaceuticals, and chip manufacturing. These industries all play a part in national security and should remain in most part within the country.
@@GilliganMGCrebs tariff meant to make money? tariff only to make people purchasing power lower lol tariff is protection to rich people (company and shareholder) from whole population has to pay more so rich people stay rich and profitable right? mr A have $200.000, if he buy $100.000 car Brand B . he has a car (brand B) and another $100.000 to spend for food, leisure etc now since Brand B got 100% tariff, mr A now buy car brand C which is $150.000 with same spec with brand B and only have $50.000 for food, leisure etc if no tariff Mr A have same car spec with $100.000 in hand , with tariff Mr. A only have $50.000 cash in hand :) and why car Brand B can sell $100.0000 when car brand C can sell $150.000 same spec? because Brand C not efficient and greedy executive etc... if u follow economic law, the inefficient should lose itself right? then come too big to fail, when every big company is too big to fail like 2008 lol in short, tariff is goverment tool asking whole population to buy rich people miss manage company , when u take burden together its easier lol
@@GilliganMGCrebs When the Western world was dominating and leading in manufacturing, it pushed other nations to adopt a new ideology of doing business and trade. Such as promoting Free Trade, Open Market, Globalization, Outsourcing and so on. Hence, tariffs and protectionism were strongly discouraged. When the Western world no longer able to compete, suddenly tariffs and protectionism is the only option to protect companies that unable to compete. Hence, outsourcing became stealing local jobs and globalization became national security threats. I’m not here to promote buying China or foreign-made products. I always believe it is up to the consumer to decide within their means. However, Trump did say he is going to impose 60% tariffs on all imported goods from China if he win the next election. I do understand tariffs are meant to protect local-made products, but when the local-made products are costed 60% more than imported, consumers have no choice but have to pay overpriced goods. This means, it’s a form of inflation indirectly, cause you are not given any choice to buy similar products at low cost. However, if the worker’s wages are pegged with inflation, then tariff is an ideal solution to protect jobs and your own manufacturing sector. Talking about protecting jobs, should every consumer have to pay more to support a manufacturer that no longer able to compete so that they can protect their jobs? When a manufacturer is shut down because of uncompetitiveness and have been replaced with imported goods, there will be plenty of new businesses opportunities arise for the new imported goods. Hence, new jobs will be created in different sectors to support those imported goods. Otherwise, digital cameras should have been banned to protect Kodak’s workers.
The histories of the Anglo-Europeans are one of raiders, pirates, buccaneers, thieves and robbers who served their country in attacking and looting from others and praising criminals like their highwaymen, Robin Hood, outlaws and crooks. It is in their DNA - their genetics. Whenever they encounter genuine pace loving communities, their first reaction is to see what they can exploit out of those people (eg their (in) famous Christopher Columbus, when he first encountered the peaceful natives in the Caribbean islands, wrote home to England and said "what great slaves these people will make.") Nice. So, they'd behave belligerently towards ANYONE (including their own, based upon the large numbers of mass shootings in the USA itself - every week - their own people killing their own). It has been said that "America is the only nation in the world that went from barbarism to degeneration without going through civilization". I'd say that the Anglo--Europeans are in the same category - once upon a time, identified by our ancestors as "barbarians". They remain the same today - the same way as an ape that has been taught to use a knife and fork does not change that ape into a civilised creature. Witness the fact that the anglo-Europeans have been "Christianized" for centuries and Christ is known as "The Prince of Peace". Yet, the beast within the cloak of Christianity still remains the untamed beast. The Chinese, infused into the tanets of Confucius philosophy which teached similar lessons as Christ ("do unto other what you would want others to do unto you", etc) are far steeped into the practices of Confucius than the Anglo-Europeans are to their Christian teachings.
A group of visitors from 20 nations are in China now. They are not there sightseeing, they are checking out what kind of infrastructures they can copy, or learn from China. They are interested in rails systems, especially the software that control the traffic flows. They are interested in the underground tunnels and stations, as well as the efficiency in the communication system. Obviously it has much to do with Huawei because Huawei 5G is the backbone of it all. An interesting contrast is this...Australia, Japan and India went to the US for the QUAD meetings, about weapons. I suppose that is what the US has to offer for others?
I remembered reading China's 13th 5 years plan in 2016, specifically their "made in China 2025" concept. Well done China! It actually worked out brilliantly.
Trump, suffering from Narcissistic Personality Disorder, was offended by the Made in China 2025 slogan, and threatened reprisal! China dropped the slogan and proceeded with their 2025 goals in practice!. This shows the difference in IQ levels between Chinese and American leaders.
@yongjianyi. My earlier post saying what happened to the Made in China 2025 slogan was swiftly censored by the guardians of free speech. Trump, being a clinical narcissist, felt insulted by the slogan, and threatened reprisal. China dropped the slogan, and proceeded with their 2025 goals in practice. You can see the great disparoty in IQ levels between leaders of the 2 countries.
@yongjianyi. My 2 earlier posts on Made in China 2025 were promptly censured by UT. Trump actually felt insulted by tue slogan. and threatened China with more economic war. So China dropped it, and proceeded with Made in China 2025 in practice!! The US was and still is led by ships of fools.
@@tdn4773They don't forget. They also don't forget who was really behind the scene instigating it and the actual goals. The students were just tools. The same agency that was behind the Islamust terrorists in Xinjiang, the riots in HK, that bank-rolled the Dalai Lama and the armed conflict. They don't forget the people who were killed by the students first. Yes, the students killed first. They don't forget the lies spinned by Western media for the last 3 decades over this event.
@@tdn4773 Unless you live in a well, there are so many evidences starting to appear that are against the existing narrative. eg. did the square massacre occur? Did riots occur and where. The Tank man, did he block the tank entering the square, or leaving the square? Why did the back ground of the Tank man scene get cropped.
He's a right about the speed with which one can do business in China versus, say, the United States. Take for example, Tesla, who built a factory in Shanghai, China from ground up and had production beginning within 10 months while in Nevada, United States It took at least five years before they could even start production. This kind of lag is absolutely untenable if you want to remain competitive.
FYI: China did give out subsidiaries to their EV makers. But the amount they gave is less than half of what the US government gave US automakers. When Ford got the subsidiary, they didn't spend it on research, they used to money for a stock buyback to increase shareholder value. The EV channel Electric Viking documented this. Also Detroit legend Sandy Munro also talked about this on his channel.
The Opium Wars (1839-1842, 1856-1860) were conflicts between China and Western powers, mainly Britain, over trade and sovereignty. Britain smuggled opium into China, causing widespread addiction. When China banned opium, Britain responded with military force. The wars ended with China signing unequal treaties, ceding Hong Kong, opening ports to trade, and legalizing opium, leading to military defeat, economic exploitation, and loss of sovereignty. These wars marked the start of China’s "Century of Humiliation." China learned from the humiliation, by focusing on modernization, nationalism, and military strength. The defeats taught China the need to modernize its military and economy, which later led to major reforms under leaders like Deng Xiaoping. China also embraced national unity to prevent further foreign domination and shifted toward diplomatic and economic engagement to regain control over its future. Today, these lessons are reflected in China’s global rise and initiatives like the Belt and Road.
Basically Great Britain could not pay for the trade in balance as the Qing court only wanted silver and nothing else. Today it's the same thing with the US no being able to pay China for imported goods ! How quickly the barbarians forgot history to repeat it again !
I will never forget the traumatic experience by our grandfathers during the era of stupid Japanese supremacy during WW2 and also the humiliation created by the West.
Actually Chinese people were not weak, they were just polite and courteous people, kind of like good guy finishes last, but Westerners and Japanese thought good manner people were weak at that time. After Mao kicked some asses in the Korean War and Nam War, these western countries finally found out that China wasn't weak at all and then Nixon went to China to talk peace
I believe the chinese felt much more humiliation from the Japanese Occupation during WW2 than the Opium Wars. Imagine having to endure the September 18 incident and the Nanjing Massacre, and loss of some 37 million chinese citizens during the war with Japan. That could explain the bitterness of China toward Japan.
The century of humiliation included the Japanese occupation. The bitterness the Chinese has for Japan is that Japan never genuinely apologized to the Chinese people, and that they are rewriting history by denying and hiding their WWII atrocities from the Japanese people. The average Japanese person doesn't even know exactly what happened in WWII. They think they are innocent, and they think they are the victims.
This global recession/collapse might end up being a part of us for a very long time. With inflation currently at about 9%, my primary concern is how to maximize my savings/retirement fund of about $680k which has been sitting duck since forever with zero to no gains.
I'd advice you read up some good books on finances and investing, or just you get yourself a financiaI-advsor that can provide you with entry and exit points on the shares/ETF you focus on.
I agree, having a portfoIio-advisor for investing is genius! Not long ago amidst the pandemic crash in March 2020, I was really having investing nightmare prior touching base with a license portfolio-advisor. In a nutshell, i've accrued over $620k with the help of my advisor from an initial $120k investment thus far.
It's a good time to buy and basically I've just got cash sitting duck in the bank too and I’d really love to put it to good use seeing how inflation is at an all time-high, who is this coach that guides you, mind I look them up?
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Melissa Terri Swayne for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
I was a stay at Home mom with no money in my IRA or any savings of my own, which was scary at 53 years of age. Three years ago I got a part time job and save everything I make. After 3 years, I am 56 yo and have put $9,000 in an IRA and $40,000 in my portfolio with CFA, Stephanie Janis Stiefel. Since the goal of getting a job was to invest for retirement and NOT up my lifestyle, I was able to scale this quickly to $150,000. If I can do this in a year, anyone can.
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 went from no money to Invest with to busting my A** off on Uber eats for four months to raise about $20k to start trading with Stephanie Janis Stiefel. I am at $128k right now and LOVING that you have to bring this up here
The thing is people often doubt the prospects of financial advisors like Stephanie Janis Stiefel in business/markets today. Well it gives me more time to get ahead while they stew in their own pity and doubts as they childishly complain about those spreading the word
Well her name is 'STEPHANIE JANIS STIEFEL'. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
Animal instincts kick ...scrounge for food, clothing and shelter the 3 basic needs in economics. Currently in most western societies this is precisely what is happening !
Canadians are really silly - locking up Meng was the height of stupidity and will not be forgotten. Your PM’s hatred of the Chinese is very evident and racist no doubt
not when it comes to the Chinese and all the things about the century of humiliation. they know that pretty well, from the old to the young. it's referenced so much right now in chinese internet, it's practically a meme
The West is afraid of China's as they assume China will inflict on the West what they did to China. I wouldn't blame China if they reciprocated but they won't. The Chinese are more civilized than that.
Good video. But there's something most of you miss about the Opium wars. The opium smuggling into China had a secondary nasty consequence too. Britain ended slavery in 1833-1838. By complete coincidence Chinese indentured labourers called coolies suddenly appeared all over the British Empire. Britain ended slavery not because of altruism or how William Wilberforce found it to be horrible as did many. Slavery was ended by the british because something MORE profitable and MORE exploitative was found to replace it. Slaves? You have to pay for their upkeep, you have to feed them, clothe them and accomodate them. Indentured labourers they have to work for you until the contract is complete BUT they have to pay for their own upkeep.
A meritocracy versus a plutocracy forms of government ...there is simply no comparison, the handling of COVID is a perfect example of this effectiveness in a meritocracy or lack of in a plutocracy !
Xi has been described as "economically illiterate", and his many missteps back that up. As for the pandemic visited upon the world, there might have been time for a better response had not PRC scientists who tried to sound the alarm been punished in typical totalitarianism fashion. So he is a perfect example... of something.
@@etow8034 Covid was manufactured in a Wuhan laboratory - PS 4 or something like that - and exported to Canada, so your argument is meaningless. China and the West are both pretty much plutocratic dictatorships at this point and they cooperate whenever possible.
An often heard argument in the West is that their colonial crimes happened a long time ago. However, there is a growing international consensus that crimes against humanity are so serious that they should never expire. This is reflected in the Rome Statute of the International Criminal Court (ICC), which states that there is no statute of limitations for such crimes.
Primarily the idea you present is absurdly impractical. For legal and practical reasons the Rome Statute says: Article 24 Non-retroactivity ratione personae 1. No person shall be criminally responsible under this Statute for conduct prior to the entry into force of the Statute.
@@Elephant_King_Gjthis will be overturned by clear thinking people of principle from a just Eastern society. Western civilization as it stands cannot survive the inequality it forces on smaller nations it unjustly overthrows
As an American, I realize how egocentric and imperial our government is. We have no sense of right or wrong . We just like to stick our nose into everyone’s business even though it really doesn’t have anything to do with us
The UK forced the indians to grow opium. It was against their own interests. Famine resulted because instead of growing food, they grew opium. Two civilizations ruined.
@@enzoh7763 Payment. Hahaha. They were forced to grow it by the british. Done so against their own interests. What did they get? Famine. Opium instead of food.
It most certainly be very different this time. The last time there was a weak, corrupt emperor sitting on the throne, always goes that way, weak ruler, weak country. Also remember, 99% of the population were peasants at that time. Now, maybe the only illiterate people maybe 70 yo or older. The country is $500 off becoming a high income society (currently average wage is around $12,500, high income mark is $13,000 per annum). At this point, 99% of the population are highly educated, enjoy an ever increasing living age and are patriotic (even the non-communist). Certainly no easy push over for any one, thanks Chairman Mao!
Britain is part of 5 Eyes and Japan tried to join 5 Eyes. These countries brought extreme hardships to China. Chinese will never forget and will exact far more against these countries for sure in case of open conflicts
As it stands now; Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject. Thanks to Stacey Macken's program, I've grasped trading concepts, boosting my earnings daily with her insights
Honestly, I'm surprised that this mrs Stacey Macken is mentioned here, came across a testimony about her from one of the beneficiaries on the CNBC news, she seems to be doing extremely well .
Stacey Macken is a retirement manager and investment/savings expert, in ranks with Cathie woods and Warren, has demonstrated expertise in investment strategies and has been involved in managing and providing financial guidance globally .
I agree with you.I was 35 when I finally educated myself and started taking steps. I went from $176,000 in debt with zero savings or retirement to now, 2 years later, fully debt-free and over $1000,000 net worth. I know that doesn't SOUND like a lot, but I'm incredibly proud of it. Now I'm fast-tracking my wealth building (investing $400,000 annually) and don't owe a dime to anyone. It's a good feeling!
Stacey Macken guided me through budgeting, highlighting areas where I could optimize spending and increase savings. She also provided insights into smart investments to grow my wealth over time, ensuring financial stability even with the higher income
The USA can't dodge the bad times that are coming. And it can be partially blamed on the government, and partially the citizens. America is a backslidden country, and can no longer expect God to bless it. In every discussion of how to solve our problems, turning back to God is never discussed.
The real lesson to learn here is that 'trade imbalance lead to trade wars, and trade wars lead to real wars'. Running big trade surpluses have consequences. A lesson no one appears to be able to retain for more than 25 years [Bretton Woods, 1946-1971].
My Dad was a US naval officer in the far East WWII. In 1945 he and his other officers were in Shanghai and welcomed to a gathering at a Mandarin's beautiful home. They ate well and went up to the opium den where my Dad watched the street through a window. He saw the naked bodies of little children floating down the river while people ignored it all. My Dad had been through 3 years of war on an LST and landing craft invasions yet at this he began weeping. He told us a voice in his ear from, well, God, told him, "Everything you see will soon be swept away and changed for China'" He had lots of stories as well about the corruption, the opium, the "system". He kept a laughing Buddha he got in Shanghai all his life and I always enjoyed seeing it as a child.
Christians assume China is not Christian but in reality it has a different emphasis....they love Nicholas of Myra, the original St. Nicholas and his pictures are popular in the far East. It isn't the same emphasis as evangelicals in the west. They set up little Christmas trees in factories and no one seems to object.
Instead of just bitching and complaining about how everyone wronged China, the people had a plan and worked hard to get the country to what it is today. I think motivational speakers should take a leaf out of China and learn how to turn humiliation into something positive and action. Well done China 👍🇨🇳
The US and Europe have lost their ability to compete, and they are afraid of losing in tech fields. Only thing they can do is to impose tariff, protecting their technologically old-fashioned factories and practices. In short term, politicians get some votes, but it will ruin the fields you are trying to protect. There will be disastrous consequences as the result.
Many people say China is weak, and gets humiliated, Japan, and Israel are strong but how come they have a small country and China is so big, it should be the other way around lol
The century of humiliation hasn't ended. It is ongoing. In February 1951, India invaded and annexed Tawang in South Tibet. Tawang is the Sixth Dalai Lama's birthplace and home to the four-hundred-years old Tawang Monastery. In 1987, India renamed South Tibet the so-called Arunachal Pradesh to obscure its connection to Tibet. Because South Tibet was gobbled up by India under the Chinese Communist watch, this humiliation is not talked about in China because this is inconvenient history for the Chinese Communist Party; hence, almost nobody in China today knows about this recent history.
@@J.Smith-rc6wh ,, You should get a refund from your school when you ask for it . That is if you have the brain to fill the form and file it . Reaaon , , Inadequate education received. Inadequate education and attention to mental developments.
@@J.Smith-rc6wh This channel is about truth, not propaganda or makeup narrative. If you want to indulge in ignorance, that's your choice. If you want to be informed about the real world, here is info for you: A timeline of how India gobbled up South Tibet. 1912: In the first full year of the Republic of China after the fall of the Qing dynasty, the United States National Geographic Magazine dedicated an issue to China. Accompanying the issue is a large and detailed fold-out map of China. The map clearly shows that Dirang Dzong (德讓宗) and Tawang (達旺) are within the boundary of China. 1943: British India likely calculated that dealing with the Lhasa government was easier than with the Republic of China's Nationalist Government in extracting land concessions and proposed to the United States to recognize Tibet's right to exchange diplomatic representatives with other powers. The Americans rejected this proposal: "The Government of the United States has borne in mind the fact that the Chinese Government has long claimed suzerainty over Tibet and that the Chinese constitution lists Tibet among areas constituting the territory of the Republic of China. This Government has at no time raised a question regarding either of those claims." 1944: British India annexed Dirang Dzong (德讓宗), a Tibetan-settled area. Dzong means fort in Tibetan. The Chinese Government (the Nationalist Government of the Republic of China, seated in Kunming at the time because of World War II) protested to the British. So did the Tibetan Lhasa government. 1945: British India intruded into the tribal area of South Tibet. February 1947: The Chinese Nationalist Government lodged a complaint with the Indian mission, which was by then newly established in China, on British India's border intrusions into Chinese territory. August 1947: Britain left South Asia, and India was created as the successor polity to the departed British. India's creation means that a country that historically did not exist suddenly appears on China's doorstep. October 1947: The Tibetan Lhasa Government dispatched a formal request to New Delhi, asking the newly independent Indian Government to withdraw all its predecessors' intrusions into the territory between the McMahon Line and the traditional border beneath the foothills and return a wide swath of territory from Ladakh to Assam, including Sikkim and the Darjeeling district. 1949: When the defeat of the Nationalist Government in China's civil war was imminent, the Republic of China's ambassador in New Delhi reminded the Indian Government that China did not recognize the McMahon Line and held the Simla Convention invalid. October 1949: The CCP (Chinese Communist Party) took control of the mainland, and its civil war rival, the Republic of China, retreated to Taiwan. December 1949: India recognized the People's Republic of China as the legitimate government, effectively cutting off the diplomatic channel the Republic of China used to deliver its protests to India. February 1951: India annexed Tawang (達旺), the birthplace of the Sixth Dalai Lama and home to the four-hundred-year-old Tawang Monastery. The Tibetan authorities in Lhasa protested but were simply informed by the Indian political officer that India was taking over Tawang. The Tibetans protested again, accusing the Indian Government of 'seizing as its own what did not belong to it.' The Tibetans went on to ask New Delhi to withdraw its forces from Tawang immediately. The protests were ignored. The Republic of China (which had already retreated to Taiwan by then and had no diplomatic relation with India) also vehemently denounced India's territorial travesty. The CCP (Chinese Communist Party) made no noise. October 1951: The PLA (Peoples’ Liberation Army) seized Lhasa, capturing the last remaining part of mainland China (except South Tibet) that was up to that point beyond the Communist control. 1954: India published a new map showing South Tibet as part of India. The map also shows the two neighbors of China, Sikkim, and Bhutan, as part of India. Sikkim has been a tributary state of Tibet for hundreds of years. In the 18th century, Sikkim was briefly overrun by the Nepalese Gorkhas, causing the Sikkim king to flee to Tibet. The Gorkhas continued their push to the north to Shigatse (日喀則市) and sacked the Tashilhunpo Monastery (扎什倫布寺). The Dalai Lama and Panchen Lama requested help from the Qing court, and the Qianlong emperor dispatched two separate expeditions, expelled the Gorkhas, and restored Sikkim's sovereignty and independence. The Gorkhas were pacified and became a tributary state of the Qing dynasty. Sikkim remained unmolested for the rest of its history until it was annexed by India in 1975. January 1959: The CCP (Chinese Communist Party) commented for the first time on the issue of South Tibet when Zhou Enlai, in a letter to Nehru, offered to concede South Tibet to India. However, India rejected the offer, as it also claimed Aksai Chin as part of its territory. 1960: India started establishing posts (border markers) north of South Tibet (north of the McMahon Line) and proclaiming that it has the right to unilaterally 'improve' the McMahon Line as it sees fit. October 1962: After years of warning, China attacked India's position in South Tibet and recovered Tawang shortly. Three weeks later, in a second wave, China recovered the whole of South Tibet. November 1962: China unilaterally withdrew back to the north of the McMahon line. 1975: India annexed Sikkim. 1987: India made South Tibet a state and renamed it the so-called Arunachal Pradesh. The Republic of China (Taiwan) put out a statement denouncing India. Here is the statement: "In regard to the issue of the Indian government's illegal occupation of our country's territory and the establishment of the so-called 'Arunachal Pradesh,' the foreign ministry of the Republic of China issued the following announcement at midnight: India's illegal occupation of our country's territory has been repeatedly stated by the Government of the Republic of China as something it will not recognize. Recently, the Indian Congress unilaterally passed the establishment of 'Arunachal Pradesh' to the south of the so-called McMahon Line. The Indian Government also made it a state. The Government of the Republic of China once again solemnly proclaims that the Government of India intends to legitimize its illegal occupation of Chinese territory. The Government of the Republic of China regards this as illegal, void, and absolutely not recognized." 2008: A little over a decade after Britain returned Hong Kong to China, Britain had exited its last colonial enterprise in Asia. Tibet no longer had the utility of a bargaining chip vis-à-vis the Hong Kong issue, allowing the British to afford honesty for once. The British government issued a statement recognizing China's sovereignty over Tibet (previously recognized as suzerainty, not sovereignty). The statement, supported by both the Conservative and Labour parties, is remarkable for its honesty in admitting that Britain once had territorial ambitions in Tibet and adopted an almost apologetic tone. Here is an excerpt: "...But our position is unusual for one reason of history that has been imported into the present: the anachronism of our formal position on whether Tibet is part of China, and whether in fact we harbour continued designs to see the break-up of China. We do not. Our ability to get our points across has sometimes been clouded by the position the UK took at the start of the 20th century on the status of Tibet, a position based on the geopolitics of the time. Our recognition of China’s “special position” in Tibet developed from the outdated concept of suzerainty. Some have used this to cast doubt on the aims we are pursuing and to claim that we are denying Chinese sovereignty over a large part of its own territory. We have made clear to the Chinese Government, and publicly, that we do not support Tibetan independence. Like every other EU member state, and the United States, we regard Tibet as part of the People’s Republic of China. " 2014: A Tibetan Chinese named Nido Tania from Arunachal Pradesh (occupied South Tibet) went to old Delhi and was beaten to death because he 'looked Chinese.' 2024: The festering border dispute between India and China persists. China's earlier offer to cede South Tibet is no longer available, as China has explicitly stated that South Tibet is part of its territory. This stance mirrors the positions of both the Tibetan Lhasa Government and its civil war rival, the Republic of China (Taiwan).
I would believe Alastair over every bullsh!T finance program I've watched, he is very knowledgeable. Always watch him when he's in on, open to real talk, and will listen to arguments but is a realist and know where this is going. 🙂
For the past 500 years ago China was already a super-power country. From the history we all knew it can survive even without the other countries backup. Always remember Chinese are very particular about education. My parents generation and my too in today’s society. 30 years ago when I visited Chinese museums I already knew it’s impossible for China to continue backward and underdeveloped…
The U.S. maintained its embargo on China during the Great Chinese Famine (1959-1961), discouraging other nations from sending food, confident that millions of deaths from starvation would ensure China’s permanent collapse. Consumers worldwide are now frustrated with the influx of affordable goods from China. The British opium nearly did them in, and surely these tariffs on Chinese products will finish them off for good this time. Meanwhile, China’s GDP growth is at 4.7%-a clear sign that the nation is finally collapsing.
Great Chinese Famine ? Is that an official event ? I left China in 1960 at age 4. No wonder my growth was stunted. My mother used to tell me that she had to breast feed me until I was 2 yrs old because there was no food for me. Know I know why I like breasts so much. Lol.
Count yourself blessed when your mother breastfed you for two years instead of feeding you with alternative baby food that is inferior anyway. Bcs you were breastfed for two years,your IQ is higher,you should thank your mother and God. If China could go through those 150 years of humiliation,abject poverty and famine,and immerse out to be the number 2 economy of the world today,growing under the "Rule base international bully order" no human designed obstacles can hinder china continuing rise,china never invaded and occupied any nation before,why should we worry she will emulate the other colonisers.china are more preoccupied by how to raise the standard of living for the people,than wasting money and resources to go to war in other part of the world and created bad history. To cheat,to lie,to steal and to rob is not sustainable.
The US imperial feudal system cannot compete because it is based on extracting a free lunch due to ownership alone. China is deliberately avoiding this system in order to be productive instead. This failure to compete is called Chinese overcapacity by the transnational rentier oligarchy at the top of Wall Street, the deep state, who does central planning for their private benefit. The classical economists beginning with Adam Smith identified the free lunch (economic rents, or unearned income, otherwise defined as the difference between the socially necessary cost, and the price) extracted by feudal lords as the problem preventing a free market that the government should solve. They would add that the government should redirect the free lunch to factors of production like infrastructure, health care, and education, to reduce the cost of living and therefore the cost of production/labor. The neoliberal (Austrian, Libertarian, Chicago School Monetarist) counter-enlightenment led by the super wealthy was to not acknowledge any such problem, as the marketing front for their banks (FIRE, finance, insurance and real estate) whose vocation is rent seeking and who directly employ the modern neo feudal government. “The classical economists sought to reduce and eliminate the “free lunch” and thereby bring prices more closely in line with costs. This would unleash economic productivity by eliminating the parasitism of the rentier class. At the dawn of the twentieth century, the application of classical economics combined with advances in technology led people to believe that a golden age of human progress and prosperity was approaching. But the reactionary rentier class used its rentier fortunes to launch an economic “Counter-Enlightenment.” As Michael Hudson summarizes, To deter public regulation or higher taxation of such rent seeking, recipients of free lunches have embraced Milton Friedman’s claim that There Is No Such Thing As A Free Lunch. [. . .] The actual antidote to free lunches is to make governments strong enough to tax economic rent and keep potential rent-extracting opportunities and natural monopolies in the public domain.26 The point here, articulated by Orwell, is that technological progress in production and in economic planning should have ushered in a golden age of civilization. Instead, activist elites recognized the implications of this dynamic and responded by using their wealth and power to maintain the inequality and material insecurity that are preconditions for their continued dominance over society.” Good, Aaron. American Exception: Empire and the Deep State (p. 180). What exactly is a free lunch or what are economic rents? "Rentiers derive income from ownership, possession or control of assets that are scarce or artificially made scarce. Most familiar is rental income from land, property, mineral exploitation or financial investments, but other sources have grown too. They include the income lenders gain from debt interest; income from ownership of ‘intellectual property’ (such as patents, copyright, brands and trademarks); capital gains on investments; ‘above normal’ company profits (when a firm has a dominant market position that allows it to charge high prices or dictate terms); income from government subsidies; and income of financial and other intermediaries derived from third-party transactions." Standing, Guy. The Corruption of Capitalism: Why rentiers thrive and work does not pay (p. 94). There is no daylight between private virtual real estate feudal lords owning Amazon, Google, and Facebook, for example, and government law enforcement/intelligence, while they extract their piece of the action (economic rent). The crown rentier jewel is the banking system, the FIRE sector, or finance, insurance and real estate. The big banks reward the people they put into the very top of government for loyal service to the company when they go back to the company in the revolving door. The central planners aren't in the government. The transnational rentier oligarchy at the top of wall street, the deep state, does central planning for their private benefit, and they are the employers of politicians. The job of the politician is to deliver voters to the oligarchy by campaigning on whatever gets them elected with oligarchy funding, then do whatever the oligarchy wants, and they are taken care of whether they are reelected or not. “Today, the statistics are good. They reveal that 50 percent of the world’s wealth is in the hands of US-based corporations, even though the national account, GDP, is not anywhere near that.” Chomsky, Noam; Waterstone, Marv. Consequences of Capitalism: Manufacturing Discontent and Resistance (p. 138) If the US had majority rule, i.e., a democratic form of government, we would have a decent minimum wage, Medicare for all, free education, parental and sick leave, legal marijuana, workers on corporate boards, lower credit card interest, not allowing politicians to own stock or immediately graduate to becoming lobbyists, public funding of drug research for public drug patents, and some kind of green new deal, just at first glance at the polls. We have institutionalized opposition at best, not representation at all. "Reagan’s election marked the ascension of deep political forces to a position of sovereignty. Practically speaking, what emerged was an exceptionist tripartite state comprised of (1) a feckless public state, (2) a sprawling security state, and (3) the anti-democratic deep state to which they are subordinated. This consolidation and institutionalization of top-down power was such that US governance could thereafter be described as a deep state system." Good, Aaron. American Exception: Empire and the Deep State (p. 260). Rentier capitalism, or financialization, has come to dominate both industrial capitalism and government, sucking the wealth from both. I'm talking about public use of unearned income to help production and profits earned by producing, as well as to actually reward work, not to crush companies. An alternative would be to have democratically elected public planners instead of the current neo-feudal private deep state planning system. Neoliberal ideology is that there is no place for government in the economy, but reality is that the economy does not stay out of government, which is why democracy is not actually possible and where a vanguard political party comes into the picture. Here are some things to consider. "Today, commercial banks have the privilege of creating money as credit. They oppose governments creating their own money, because that would make economies less dependent on bankers and bondholders. Opposing Modern Monetary Theory (MMT), banks and bondholders demand that governments finance their budget deficits by borrowing at interest instead of simply creating their own money by fiat." Michael Hudson, The Destiny of Civilization (Kindle locations 4561 to 4564) In MMT, taxes don't pay for anything. Taxes simply extinguish money to keep inflation in check. Some insist that "taxation is theft", but I would argue that rentier income, which by definition derives from ownership alone, a not at all productive extraction from the real economy of producing and consuming goods and services, is theft, and this is what should be taxed. It is important to note that in MMT it is the real economy that matters, not the paper economy. Should money be created for corporate takeovers or education? Financial speculation or infrastructure? For the wealthy to collect interest or health care? All of these things reduce the cost of living, and therefore the cost of labor and production, resulting in a more efficient economy. Once you accept the premise that everyone should be in the risk pool for health insurance, it becomes clear it's a natural monopoly that belongs in the public, not private, domain. Educated people benefit society as well as themselves, so are a factor of production/wellbeing to be enhanced by public subsidy instead of the cost borne by employers. Infrastructure is another factor of production that increases productivity and profitability if not being used to extract private natural monopoly economic rents (but the empire buys infrastructure to collect rents around the world).
USA has been winning Nobel Prize (economic) year in & year out. I supposed, those Nobel prize laureate are only for shows. isn't with its plentiful of "economic expertise" its economie should flourish but instead things gets 'screwed' up. 😂
present day "opium" that was sold to China was the premium luxury brands....BMW, Benz, Audi, etc and French wine and cosmetic/Italian fashion, etc.....now there are counterparts brands locally in China...so they're not buying or not as much
Tariffs work..... 1) IF the country on which you impose them already has a market in your country and 2) If You have an alternative supplier and 3) If THEY don't have an alternative market. . China has BRICS (Or at least the countries wishing to join) If you try and muscle them out, they can say "That's fine we'll sell elsewhere", When YOU want to sell to THEM, they will increasingly reply with a polite "No thank you, we have an alternative we prefer" (Brazilian Grain as an example) Not to mention when Your industry wants to enter, or re-enter a market, (For example EVs) and THEY control raw materials and components, you MIGHT find that their "new friends" are taking those resources, leaving you paying a high price for what you can find?
It takes two to tango if and only if all parties are willing to negotiate. Right now, we don't see this happening. Expect tariff to stay around for awhile. You can use the last 8 years as reference.
@@MetaView7 ,, Rabbits are fast runner , Rabbit are also cowards , They run away instead of standing up , And when the ran away , they didn't drop the carrots i left for them , They just drop it and scamper away fast .
I think the tendency and fallacy in the West is to give too much credit to China. Yes, the West is becoming weak, but China is still no match for it. Sure, don’t underestimate the opponent, but know also what it is and isn’t. Historically, “China” was relatively strong whenever it was ruled over by one of the Northern Peoples. (Shang, Tang, Yuan, Qing, etc.) Right now, it’s ruled by a Han, whatever that term means.
There is so much more than meets the eye; the naivety of the people is what led us to the demise of democracy, the price for which our children will be paying.
Finally a channel with some brains and worthy to follow and watch and learn..... Kudos to both. (However, Keysean theory has lots of merits when certain economic and social environmental situations are encountered... eg. The Great Depression). Will there be another repeat of this Great Depression? answer: NO
I am Hong Kong Chinese living in Canada, and I look at how my kids learn history, I find it quite interesting My kids did learn a bit about Canadian history as a mandatory subject in grade 10 Compared with when I was in secondary school = middle + high school, it was six years of world history and Chinese history as two different mandatory subjects Recent history, as in 18th century to the start of the civil war was taught in greater detail, such as the Foreign concessions in China, the opium war, etc. Even if you are not a shining example of a good history student, you do retain a general sense of China's place in the world
The recent Chinese success story is not hard to understand, just like the American success story, which is not complicated to comprehend post-American Civil War. The Chinese Communist Party came out of WWII, and the Chinese Civil War was victorious because it understood the power of the people. Just like Lincoln understood, for America to thrive, it must unite its people. The Chinese still believe that is the principle to global success while America is forgetting where it came from - A country by the people for the people; instead, now America is owned by a few billionaires and the top 5%. China understands that 80% of the world's population is still living in poverty, at least according to the American standard. The Chinese secret is to better the lives of these 80% of the population to win over the world, just as the communists did in WWII.
"Within sixteen years of the Treaty of Nanjing, China had abolished the opium import restrictions, not least because they had become irrelevant. By 1860, and much more so by 1900, the Chinese were growing at home many times as much opium as the British, or anyone else, could import."
Good. China don't need them, china's biggest trade partner is asean and they growing and so is south America when Peru port opens. Africa is ready after 5 years. Middle East is done with the west, even India imports from China is record high. China just need to make its currency go global to friendly countries.
Those countries know what they’d did to China during the more than a century of humiliation . And now thinking they would like to do that again. NO WAY China will let that happen again.
Ancient China Versus Modern China is fully armed now.
Bully and oppressors do not learn from their past mistake or their misdeed? How unfortunate...
Nobody forgets.. just wait when Africa frees itself. I am not even mentioning, India, native Americans, native Australians.
Agree. The West also forgets that China had been a powerful and inventive civilisation for centuries. It has this wealth of experience and knowledge to draw from. But more importantly, it has learnt the lessons from the century of humiliation to
- NOT be too arrogant to learn from others
- NOT let domestic power struggle destroy the civilisation progress you've made (watch Empires of Silver documentary for an interesting explanation of this)
China has learnt from the developed nations. But rather than copying everything exactly and literally, it studied the details and principles, then ADAPTED specifics that might be relevant and useful to the development and unique context of China, blending it with lessons from Chinese history. Afterall, Marxism and the scientific methods are both ideas conceived in Europe. But the so call authoritarian approach is like Chinese Tiger Parenting at a national scale, and much more ingrained because of China's Confucius traditions.
Much of the West's fear of China is a projection of what they would do if they were in China's shoes. The West has gotten so used to being the sole superpower in the last few centuries that it can't envision any other way of thinking as being legitimate. The West does not respect context, it imposes its will on the rest of the world. It may nominally have democracy domestically; it certainly doesn't practice democracy when it comes to foreign policies. It'd happily install dictators if they are willing to let the West exploit their countries' populations and resources, and/or gang up on anyone the West deem a threat to its supremacy. Even the West's domestic democracy seems a mirage, given the buried histories and recent crackdown on anti-Israeli-genocide dissenters.
The West should be thankful that the Chinese government isn't like the West and doesn't seek to be like the West. Trade, stability, win-win propositions, and a bit more collaborations will benefit ALL of us. The West's insatiable greed that value profit over lives, and scarcity mindset drives people towards win-lose / kill or be killed competitions will be a waste of human potentials and take us backward. Compete to be the best and not compete to kill the competitions. The former fosters innovations whereas the latter encourages dirty tactics and short-termism.
The centennial national humiliation is to motivate oneself, to avoid being bullied, not to bully others. We are the ones who understand the suffering of being bullied the most, how can we bear to bully others?
The first drug lord in history was the king of England.
Henry V111 daughter Elizabeth brought fortune by looting the Spanish ships .
@@afzaalkhan.m Much of the western "democracies" built their prosperity on excluding large swathe of population from their democracy and exploiting, robbing, or even killing these excluded groups. Sadly "democracy" has been a mere rhetoric to justify undemocratic behaviors towards populations to be conquered or exploited.
When the King visits The City of London, he wears Full Military Uniform and walks behind the Lord Mayor. William the Conqueror had to Do A Deal with The City.
The British Royal Cartel
No, the King of England had no power since about 1730, after gradual marginalisation as the English Bill of Rights (1689) and the act of Parliament in 1707.The drug Lord was Lord Palmerston in Parliament and it was not agreed with by most members of Parliament.As soon as Palmerston was replaced by Gladstone, they started to try to repair the damage, with limited success.
Even the US demagogues who represented King George as a tyrant thousands of miles away, were contradicting themselves and because they were saying "there is no taxation without representation" simultaneously, which identified how easy it is to delude the public with impassioned debate without logic.Only UK Parliament could levy taxes (ironically, the first country with protected rights for citizens other than aristocrats closest to the King) - a rule-based system which the USA adapted into their own politics and law. UK Parliament was split into constituencies which is what the Americans were complaining about not being represented as a separate constituency - nothing to do with the King.
It is not just humiliation. Just the Japanese invasion killed tens of millions of people in eight years.
any ethnic group experience that will not put that behind so easily, it is just a common sense, if anyone is lack of that common sense, then he/she is doom to end of his DNA
@@waichui2988
Better question we should be asking what happened to China
we need to go back further than the last 200 years
China is a harbinger for us here in the west…. looking to these American and far right Governments like the ones getting elected in Europe right now.
As they close in on themselves close off their borders
China has had the luxury of rising and falling few times in history
The reason why there is that 7 volume 27 book series on what the Chinese invented first, most have no clue about
And we think they just copy and can’t innovate
The last time being in the 1500s
China spent the better part of a millennia trading places with what is now India for top economy in the world
By the 1430s it was by far the top economy and technological leader in the world
But their emperor at the time started the slow process of closing in on itself closing off its borders
This lead to 400 years of decline and then an eventual semi colonization of China for 100 more years.
Even up to the 1980s… 88% of the population was in abject poverty, knee deep in the mud of their family rice paddy plot, or making a dollar a day on a factory floor
The big difference is back then they were not running up these huge external sovereign debts like we are seeing with our own Western Countries
Now they are back these days, as they lead the “world” in 37 of 44 critical technologies of the future
But it took then it took 550 years for them to come back
Makes me wonder if our countries could survive a 500 year decline I’m thinking… not the Americans that’s for sure
Never forget the 2 opium wars
And now Xi is doing his best imitation of Imperial Japan, looking to intimidate and/or subjugate neighbors as it goes after their resources. Much like an emperor from nearly a century ago.
Also: Mao Zedong killed 10s of millions of Chinese people.
If the Jews have the right to say: “Masada shall never fall again”, why can't the Chinese have the right to say: "The century of humiliation shall never happen again"?
The Zionists were responsible for the slave trade and opium wars!!
Nobody forgets.. just wait when Africa frees itself. I am not even mentioning, India, native Americans, native Australians.
Google David Sassoon & Co., Ltd.
The J€\/\/$ controlled the opium trade from India to China, not the English.
The English did what they were told by those with small caps.
The ¥€\./\./$ controlled the opium trade from India to China, not the English.
Google David Sassoon & Co., Ltd.
hypocrisy and narcissism of western colonizers,usurers and gossipers with their talmudic rules based order
Now western "civilization" built on plundering and exploiting others will be sent back dark ages over Lebanon pager attacks because more and more people in Eastern World and Global South are switching to Huawei,Xiaomi and other Chinese telecommunications and electronic products
England and Japan better be not giving China excuses to wipe out their countries for what they did to China.
@@derrick238 China isn’t doing anything by design- it’s karma at work. Fentanyl precursor manufacturing was brought and taught to the Chinese by the Belgian pharmaceutical company that invented it; now it is owned by Johnson & Johnson. Many American fortunes were built smuggling Turkish opium into China. American traders accounted for up to a third of all opium consumed in China by the 1820s. Opium did play a role in the U.S.'s international economic and imperialistic ascendance.
Japan has made real efforts to apologize and make amends. Same cannot be said for UK.
@@herp_derpingson actually not really. Germany made more reparations to the allies and Jews than the Japanese ever did after the war. The Japanese were never fully held to account because the China and Asian countries Japan occupied were in turmoil; and America needed Japan to contain the rise of the communists in China. Japanese textbooks whitewash and deny many of the atrocities committed during the war (slave labour, comfort women, bioweapons and medical research). The source of tension for many decades with many Asian countries (not just China). The Chinese suffered the most.
@@herp_derpingson Real efforts by Japan? The country still worships WWII criminals by maintaining permanent memorial positions for 12 convicted Class A criminals at the Yasukuni shrine. Government officials visit the place every year to pay respect.
@@herp_derpingson really? how
Generally, youths in Taiwan and Hong Kong are also very blind to the fact that China was a victim of war atrocities committed by the West. The distortion of reality by Anglo- Saxon mainstream and politicians is ubiquitous.
Those people in Taiwan and HK never had any chance to learn the right history because of Western control!!!
Media is to blame. Media is unjust and that brain washed them
As much as the West had blood on its hands over a hundred years ago for that war, the Qing were quite happy for opium to flow into the country, when it actually corresponded with them having a trade surplus in their favour.They only reacted against when that was turned around.They didn't show any concern for their people, just like know Their elite don't now
As for the Brits and the French ancestors, that was a process started by one aristocrat called Lord Palmerston who had power and as soon as he he was removed, Gladstone who was ashamed of the whole process began to roll it back, to limited effect.But this has nothing to do with current generations of people in UK.Perhaps you should focus more on events that had far more damaging consequences to China e.g. Chiang's atrocities, Chairman Mao's revolution and the Japanese massacres lasting from before the war for every decade, to which they have never officially apologised and in fact have revised books to diminish and whitewash Japanese aggression - whereas your Brit citizen now is very ashamed of the ancestors involvement in the opium Wars, it's impossible not to be - but nobody knew about the true extent of the effects of drugs back then
The J€\/\/$ controlled the opium trade from India to China, not the English.
Google David Sassoon & Co., Ltd.
🤩🤩🤩🤩🤩🤩exactly aware and said the truth ....
😢 8 wolf came to eat up China when it was rich.
After WWII no wolf pack want to visit poor China.
Now China is rich again , the wolf pack return...
Exactly - but the wolves are denying that they are hungry and ravenous and are only interested in the Chinese.
8 wolfs are now gloriously known as G8
If U$A can safeguard its interests without consequences then any country with the capability can and will follow in the footsteps of the U$.
Wealth(GDP) needs to be protect with relative military.
A rich family can employ relative amount of security guard to protect his wealth, but when his poor neighbor work very very hard to get rich but not allow to employ relative amount of security guard to protect his wealth？
@@Ausijoeblow
@@Ausijoeblow G8 😂
The British India Company grew opium in India, exported the opium to China to get the Chinese hooked on the drugs. What followed was the Infamous Opium War of 1897 in which the Western countries in Europe led by England gave the Opposing Chinese forces a licking in the infamous Opium War in the Battle of Nanking. The Chinese were defeated and had to accede the Island of Hong Kong to UK for 100 years until 1997 when Hong Kong was returned to China. China never forgets that humiliation.
CCP doesn’t represent the spirit / history of ‘China’
It's 150 years, not 100 years.
In modern terms, this would be like after a DEA drug bust, the Mexican cartels invaded US, destroyed the Army, sack Washington, and then annex Manhattan 😅
This sounds absurd, but it's essentially what happened to China in the 19th century.
The First Opium War began in 1839. The French teamed up with the Brits in conducting the Second Opium War which took place starting in 1856.
The opium growing land (now in modern Afghanistan) was owned by the Sassoon family, Baghdadi Jews. Now raised to the peerage.
China still shows an incredible level of restraint. Taiwan is a Provence of China regardless what the media claims and the US loading weapons into Taiwan would be no different to the China sending weapons to the Hawaii independence movement and patrolling the shores keeping US warships away. The US would immediately go to war and the fact that China is seeking a diplomatic answer shows they are not aggressive and show great restraint.
There is a limit to the patient in accommodating US threats!!!
You don’t understand full history, your analogy is a total error, gross error, fatal error
@@davebrewer7170 where in China are you? or are you in the West getting your history from UK or US books, books which differ greatly around the world
Then why does the Taiwanese government allows it and even encourages such loading of US weapon ?Hawaiians would never allow Taiwanese weapons in their soil .
@@davebrewer7170 do you ???
I visited the memorial site for the victims Massacre of Nanjing in ww2. I could not comprehend such evil could do to defenseless victims😢😢
Unit 731 will shock you even more - in terms of horror 😱.
And the young japanese don't know the history..
according to the nips,it was fabricated,the united snake of murica ca even hire a nip reararcher from unit 791 as a paid consulton to fort detrick(home of original covid19).look it up.in 1960s us sent feather dipped feather in wheat virus during growning season to chna to stop china from helping the viet congs. the article appeared in the scientific american magazine,look it up.the mrica ca cover up all the nip atrocities in exchange for experiment data from nip unit791.piss on the nips and merica ca.
@@ayuan2359the Japanese are too arrogant, too full of themselves. They seem to think they are European and are do detached from the adia it terrorised.....well look at what their equally racist aryan friend did to them...... First they used nuclear bombs on them and secondly stitched them up at the secretly convened Bretton Woods summit in which the gang of 4 countries ganged up on them to destroy their economy. They are trying to do the same to China, but China is different it is friends with the global majority and not the global minority.
Check the current event in GZ, the Is shit rael are doing what the Japs did in the Rape of Nanjing.
the Chinese NEVER forget.
Lol! Same with dogs and other animals! SO WHAT!!!
The West never regrets :)
@@harryviking6347 this why youre all regretting it! this is why we own all youre stuff! This is why you guys keep repeating the same BS wars against innocent people around the world!
@@harryviking6347 So karma to all of you.
@@FreeSpeech-z6j not yet at least 😂
Oversea Chinese never forget the humiliation!!
+1
The J€\/\/$ controlled the opium trade from India to China, not the English.
Google David Sassoon & Co., Ltd.
dont by nip cars
Trump: China is going to pay for the tariffs.
People with decent understanding of trade and finance: No, the Americans are going to pay for the tariffs.
American farmers: Why the Chinese stop buying our farm products? I thought you said trade war is easy to win?
Trump: Don’t worry, our taxpayers are going to pay for your losses.
Canadian farmers: China is also stop buying our canola. Our PM said we have to protect our EV industry, even though we don’t have a factory that is making any EV or battery.
Tariffs are not meant to make money. Tariffs by design are meant to make the country's population buy local and not foreign made items. This creates a demand for the item under tariff to be made in the country and thus creates the demand for companies and the workers to be made in county. More workers in country means their wages get taxed and they also spend their wages aiding in economic growth. Now should all items be under tariff? NO. But key industries should always remain within a country. Industries related to defense and the resources to supply the defense manufacturers should be under tariff, same goes for pharmaceuticals, and chip manufacturing. These industries all play a part in national security and should remain in most part within the country.
like Trump ask Merkel how many Ford car in Germany?
we have plenty mercedes in USA lol
just put tariff on Mercedez ......
@@GilliganMGCrebs tariff meant to make money?
tariff only to make people purchasing power lower lol
tariff is protection to rich people (company and shareholder) from whole population has to pay more so rich people stay rich and profitable right?
mr A have $200.000, if he buy $100.000 car Brand B . he has a car (brand B) and another $100.000 to spend for food, leisure etc
now since Brand B got 100% tariff, mr A now buy car brand C which is $150.000 with same spec with brand B and only have $50.000 for food, leisure etc
if no tariff Mr A have same car spec with $100.000 in hand , with tariff Mr. A only have $50.000 cash in hand :)
and why car Brand B can sell $100.0000 when car brand C can sell $150.000 same spec? because Brand C not efficient and greedy executive etc...
if u follow economic law, the inefficient should lose itself right? then come too big to fail, when every big company is too big to fail like 2008 lol
in short, tariff is goverment tool asking whole population to buy rich people miss manage company , when u take burden together its easier lol
@@GilliganMGCrebs When the Western world was dominating and leading in manufacturing, it pushed other nations to adopt a new ideology of doing business and trade. Such as promoting Free Trade, Open Market, Globalization, Outsourcing and so on. Hence, tariffs and protectionism were strongly discouraged. When the Western world no longer able to compete, suddenly tariffs and protectionism is the only option to protect companies that unable to compete. Hence, outsourcing became stealing local jobs and globalization became national security threats.
I’m not here to promote buying China or foreign-made products. I always believe it is up to the consumer to decide within their means. However, Trump did say he is going to impose 60% tariffs on all imported goods from China if he win the next election. I do understand tariffs are meant to protect local-made products, but when the local-made products are costed 60% more than imported, consumers have no choice but have to pay overpriced goods. This means, it’s a form of inflation indirectly, cause you are not given any choice to buy similar products at low cost. However, if the worker’s wages are pegged with inflation, then tariff is an ideal solution to protect jobs and your own manufacturing sector.
Talking about protecting jobs, should every consumer have to pay more to support a manufacturer that no longer able to compete so that they can protect their jobs? When a manufacturer is shut down because of uncompetitiveness and have been replaced with imported goods, there will be plenty of new businesses opportunities arise for the new imported goods. Hence, new jobs will be created in different sectors to support those imported goods. Otherwise, digital cameras should have been banned to protect Kodak’s workers.
Canada is protecting their future EV cars, Solar and battery industry 😂
China came into existence through sweat and tears. It's one country now despite diversities. Unity is strength if people can move forward as one.
China have 5000 years of history only 150 years of peace , the rest is killing each other
nah, let's just go with the status quo, the west is rich, china is a punching bag
@@FreeSpeech-z6j - because of China huge corruption , China blame others as usual
@@FreeSpeech-z6j
China is the punching bag and the w3st ain't rich, today.
@@FreeSpeech-z6j West Was rich. Good old days are long gone.
❤History is a lesson for people and countries. How Europe or America REACT if China HAD DONE this to Europe or America??
The histories of the Anglo-Europeans are one of raiders, pirates, buccaneers, thieves and robbers who served their country in attacking and looting from others and praising criminals like their highwaymen, Robin Hood, outlaws and crooks.
It is in their DNA - their genetics.
Whenever they encounter genuine pace loving communities, their first reaction is to see what they can exploit out of those people (eg their (in) famous Christopher Columbus, when he first encountered the peaceful natives in the Caribbean islands, wrote home to England and said "what great slaves these people will make.")
Nice.
So, they'd behave belligerently towards ANYONE (including their own, based upon the large numbers of mass shootings in the USA itself - every week - their own people killing their own).
It has been said that "America is the only nation in the world that went from barbarism to degeneration without going through civilization". I'd say that the Anglo--Europeans are in the same category - once upon a time, identified by our ancestors as "barbarians". They remain the same today - the same way as an ape that has been taught to use a knife and fork does not change that ape into a civilised creature.
Witness the fact that the anglo-Europeans have been "Christianized" for centuries and Christ is known as "The Prince of Peace". Yet, the beast within the cloak of Christianity still remains the untamed beast. The Chinese, infused into the tanets of Confucius philosophy which teached similar lessons as Christ ("do unto other what you would want others to do unto you", etc) are far steeped into the practices of Confucius than the Anglo-Europeans are to their Christian teachings.
A group of visitors from 20 nations are in China now. They are not there sightseeing, they are checking out what kind of infrastructures they can copy, or learn from China. They are interested in rails systems, especially the software that control the traffic flows. They are interested in the underground tunnels and stations, as well as the efficiency in the communication system. Obviously it has much to do with Huawei because Huawei 5G is the backbone of it all.
An interesting contrast is this...Australia, Japan and India went to the US for the QUAD meetings, about weapons. I suppose that is what the US has to offer for others?
Chinese troll
Hilarious! 😄
I remembered reading China's 13th 5 years plan in 2016, specifically their "made in China 2025" concept. Well done China! It actually worked out brilliantly.
最新的计划是在2035年实现中国在国际上六个科技领域称霸。中国说到做到😊
merci
Trump, suffering from Narcissistic Personality Disorder, was offended by the Made in China 2025 slogan, and threatened reprisal! China dropped the slogan and proceeded with their 2025 goals in practice!. This shows the difference in IQ levels between Chinese and American leaders.
@yongjianyi. My earlier post saying what happened to the Made in China 2025 slogan was swiftly censored by the guardians of free speech. Trump, being a clinical narcissist, felt insulted by the slogan, and threatened reprisal. China dropped the slogan, and proceeded with their 2025 goals in practice. You can see the great disparoty in IQ levels between leaders of the 2 countries.
@yongjianyi. My 2 earlier posts on Made in China 2025 were promptly censured by UT. Trump actually felt insulted by tue slogan. and threatened China with more economic war. So China dropped it, and proceeded with Made in China 2025 in practice!! The US was and still is led by ships of fools.
Chines have very long memories
No they don't. How many know about the goals of the students killed during the June 4th massacre in 1989?
1000 years to China is but a flash ,
@@tdn4773They don't forget.
They also don't forget who was really behind the scene instigating it and the actual goals. The students were just tools. The same agency that was behind the Islamust terrorists in Xinjiang, the riots in HK, that bank-rolled the Dalai Lama and the armed conflict.
They don't forget the people who were killed by the students first. Yes, the students killed first. They don't forget the lies spinned by Western media for the last 3 decades over this event.
@@tdn4773 Unless you live in a well, there are so many evidences starting to appear that are against the existing narrative. eg. did the square massacre occur? Did riots occur and where. The Tank man, did he block the tank entering the square, or leaving the square? Why did the back ground of the Tank man scene get cropped.
@@FC-vp9ej and south korean students
He's a right about the speed with which one can do business in China versus, say, the United States. Take for example, Tesla, who built a factory in Shanghai, China from ground up and had production beginning within 10 months while in Nevada, United States It took at least five years before they could even start production. This kind of lag is absolutely untenable if you want to remain competitive.
Just look at the speed they're building the California HSR. They'll be lucky to complete half of it by the end of this century.
@@pbworld7858 Have they started?
It will never ever happen again . Imagine pushing drugs to the country .
Seems to be a tactic to underscore the underlying morals of the West
What a evilness of the so called civilised white supremacy to destroy a weaker country slowly but surely.
China is doing it to the US. Fentanyl
Never say never
Before the Israel war versus Palestine, did you think genocide wouldn’t happen again?
❤Exactly. How would Europe or America react??
FYI: China did give out subsidiaries to their EV makers. But the amount they gave is less than half of what the US government gave US automakers. When Ford got the subsidiary, they didn't spend it on research, they used to money for a stock buyback to increase shareholder value. The EV channel Electric Viking documented this.
Also Detroit legend Sandy Munro also talked about this on his channel.
其实补贴是提供给消费者的，购买的个人获得优惠，仅此而已！
I don't know why they're complaining about Chinese subsidies. Every other country does that and worse.
The Opium Wars (1839-1842, 1856-1860) were conflicts between China and Western powers, mainly Britain, over trade and sovereignty. Britain smuggled opium into China, causing widespread addiction. When China banned opium, Britain responded with military force. The wars ended with China signing unequal treaties, ceding Hong Kong, opening ports to trade, and legalizing opium, leading to military defeat, economic exploitation, and loss of sovereignty. These wars marked the start of China’s "Century of Humiliation." China learned from the humiliation, by focusing on modernization, nationalism, and military strength. The defeats taught China the need to modernize its military and economy, which later led to major reforms under leaders like Deng Xiaoping. China also embraced national unity to prevent further foreign domination and shifted toward diplomatic and economic engagement to regain control over its future. Today, these lessons are reflected in China’s global rise and initiatives like the Belt and Road.
Basically Great Britain could not pay for the trade in balance as the Qing court only wanted silver and nothing else. Today it's the same thing with the US no being able to pay China for imported goods ! How quickly the barbarians forgot history to repeat it again !
I will never forget the traumatic experience by our grandfathers during the era of stupid Japanese supremacy during WW2 and also the humiliation created by the West.
the nips were let in by chang to proxy over the comies.very few people knew the fact.my grandfather was in the black uniform secrect ROC police unit.
There’s a huge difference between an empire and a civilization…
Actually Chinese people were not weak, they were just polite and courteous people, kind of like good guy finishes last, but Westerners and Japanese thought good manner people were weak at that time. After Mao kicked some asses in the Korean War and Nam War, these western countries finally found out that China wasn't weak at all and then Nixon went to China to talk peace
Absolutely right!👍👍👍
I think many Westerners nowadays still consider Chinese ways of acting polite as weak and fear. :)
@@cheungchingtong westerners are mostly emotionally stunted.
@@cheungchingtongmay the red banner forever fly! 🚩🇨🇳🚩
I believe the chinese felt much more humiliation from the Japanese Occupation during WW2 than the Opium Wars. Imagine having to endure the September 18 incident and the Nanjing Massacre, and loss of some 37 million chinese citizens during the war with Japan. That could explain the bitterness of China toward Japan.
The 80 year long endless war reparations paid to the Western imperialists before the Japanese invasion depleted China’s resource.
The 80 year long endless war reparations paid to the Western imperialists before the Japanese invasion depleted China’s resource.
The 80 year long endless war reparations paid to the Western imperialists before the Japanese invasion depleted China’s resource.
The 80 year long endless war reparations paid to the Western imperialists before the Japanese invasion depleted China’s resource.
The century of humiliation included the Japanese occupation. The bitterness the Chinese has for Japan is that Japan never genuinely apologized to the Chinese people, and that they are rewriting history by denying and hiding their WWII atrocities from the Japanese people. The average Japanese person doesn't even know exactly what happened in WWII. They think they are innocent, and they think they are the victims.
China was never messing around. They just found a way out.
This global recession/collapse might end up being a part of us for a very long time. With inflation currently at about 9%, my primary concern is how to maximize my savings/retirement fund of about $680k which has been sitting duck since forever with zero to no gains.
I'd advice you read up some good books on finances and investing, or just you get yourself a financiaI-advsor that can provide you with entry and exit points on the shares/ETF you focus on.
I agree, having a portfoIio-advisor for investing is genius! Not long ago amidst the pandemic crash in March 2020, I was really having investing nightmare prior touching base with a license portfolio-advisor. In a nutshell, i've accrued over $620k with the help of my advisor from an initial $120k investment thus far.
It's a good time to buy and basically I've just got cash sitting duck in the bank too and I’d really love to put it to good use seeing how inflation is at an all time-high, who is this coach that guides you, mind I look them up?
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Melissa Terri Swayne for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.
I was a stay at Home mom with no money in my IRA or any savings of my own, which was scary at 53 years of age. Three years ago I got a part time job and save everything I make. After 3 years, I am 56 yo and have put $9,000 in an IRA and $40,000 in my portfolio with CFA, Stephanie Janis Stiefel. Since the goal of getting a job was to invest for retirement and NOT up my lifestyle, I was able to scale this quickly to $150,000. If I can do this in a year, anyone can.
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 went from no money to Invest with to busting my A** off on Uber eats for four months to raise about $20k to start trading with Stephanie Janis Stiefel. I am at $128k right now and LOVING that you have to bring this up here
How can i reach her guys, if you don't mind me asking?
The thing is people often doubt the prospects of financial advisors like Stephanie Janis Stiefel in business/markets today.
Well it gives me more time to get ahead while they stew in their own pity and doubts as they childishly complain about those spreading the word
Well her name is 'STEPHANIE JANIS STIEFEL'. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
I don’t think most people are aware of much of anything beyond their daily needs and experiences.🙉🙈🙊
无知
Animal instincts kick ...scrounge for food, clothing and shelter the 3 basic needs in economics. Currently in most western societies this is precisely what is happening !
Canadians are really silly - locking up Meng was the height of stupidity and will not be forgotten. Your PM’s hatred of the Chinese is very evident and racist no doubt
not when it comes to the Chinese and all the things about the century of humiliation. they know that pretty well, from the old to the young. it's referenced so much right now in chinese internet, it's practically a meme
You'll be wrong in that respect. All of us are aware of this historical fact.
China’s Century of Humiliation 1839-1949 where Europe want China silver is remember by Chinese
The West is afraid of China's as they assume China will inflict on the West what they did to China. I wouldn't blame China if they reciprocated but they won't. The Chinese are more civilized than that.
If Americans don’t understand the effect of “century of humiliation”, just think how 9/11 has affected the US…
Except it's way worse and killed more people
The US cannot understand 100 yrs. Itself is being only 250 yrs old. It was the British.
Vietnam war
Afghanistan liby Syria?
@@cbont7 yeah but that wasn't on home turf.
Thanks for telling the truth
Good video. But there's something most of you miss about the Opium wars. The opium smuggling into China had a secondary nasty consequence too.
Britain ended slavery in 1833-1838.
By complete coincidence Chinese indentured labourers called coolies suddenly appeared all over the British Empire. Britain ended slavery not because of altruism or how William Wilberforce found it to be horrible as did many. Slavery was ended by the british because something MORE profitable and MORE exploitative was found to replace it.
Slaves? You have to pay for their upkeep, you have to feed them, clothe them and accomodate them.
Indentured labourers they have to work for you until the contract is complete BUT they have to pay for their own upkeep.
Reaping what had been sown?!
A meritocracy versus a plutocracy forms of government ...there is simply no comparison, the handling of COVID is a perfect example of this effectiveness in a meritocracy or lack of in a plutocracy !
Xi has been described as "economically illiterate", and his many missteps back that up. As for the pandemic visited upon the world, there might have been time for a better response had not PRC scientists who tried to sound the alarm been punished in typical totalitarianism fashion. So he is a perfect example... of something.
How to say you’re a Wumao without saying you’re a Wumao. 🤦
@@marcmcreynolds2827He has no official education. He’s a princeling. His education was bought for him.
@@etow8034 Covid was manufactured in a Wuhan laboratory - PS 4 or something like that - and exported to Canada, so your argument is meaningless. China and the West are both pretty much plutocratic dictatorships at this point and they cooperate whenever possible.
But to be rich is glorious, according to the wisdom of Deng.
An often heard argument in the West is that their colonial crimes happened a long time ago. However, there is a growing international consensus that crimes against humanity are so serious that they should never expire. This is reflected in the Rome Statute of the International Criminal Court (ICC), which states that there is no statute of limitations for such crimes.
The West: "Rules are made for thee but not for me." 😁😅😂
Primarily the idea you present is absurdly impractical. For legal and practical reasons the Rome Statute says: Article 24
Non-retroactivity ratione personae
1. No person shall be criminally responsible under this Statute for conduct prior to the
entry into force of the Statute.
@@Elephant_King_Gjcorrect, that’s because ICC was created by the western powers to punish those who undermine their supremacy
@@Elephant_King_Gjthis will be overturned by clear thinking people of principle from a just Eastern society. Western civilization as it stands cannot survive the inequality it forces on smaller nations it unjustly overthrows
@@thinkslow2006 Sorry, I don't see the point you're trying to make. An example?
As an American, I realize how egocentric and imperial our government is. We have no sense of right or wrong . We just like to stick our nose into everyone’s business even though it really doesn’t have anything to do with us
every government is or wants to be egocentric and imperial. America is just very good at it which is great
Please highlight who supplied the opium to the east India company next time you mention the opium wars and you will see how deep it goes.
Correct
The Indians .
The UK forced the indians to grow opium. It was against their own interests. Famine resulted because instead of growing food, they grew opium. Two civilizations ruined.
@dwwd-e2x , opium was india crop in the 19th century .
Thr question was , how much did they receive for their crop ?
@@enzoh7763 Payment. Hahaha. They were forced to grow it by the british. Done so against their own interests. What did they get? Famine. Opium instead of food.
China's President Xi has been saying for many years not to meddle in China's internal affairs to those Western Leaders who care to listen
It most certainly be very different this time. The last time there was a weak, corrupt emperor sitting on the throne, always goes that way, weak ruler, weak country. Also remember, 99% of the population were peasants at that time. Now, maybe the only illiterate people maybe 70 yo or older. The country is $500 off becoming a high income society (currently average wage is around $12,500, high income mark is $13,000 per annum). At this point, 99% of the population are highly educated, enjoy an ever increasing living age and are patriotic (even the non-communist). Certainly no easy push over for any one, thanks Chairman Mao!
That's funny
@@danielhenry177What's funny is the chimpanzee part of your brain.. smh
Opium wars ruined millions of Chinese ,but made millionaires in usa ,England .
China don't need USA consumer base. They can self sustain.
Sure but there is little economic/market growth without outside markets/inputs. The money is mostly recirculated
Good
If they had free consumers yes. Their consumers are not free
@@davebrewer7170 so you are saying they are oppress to buy a car or toilet paper just like you guys do in US?
Britain is part of 5 Eyes and Japan tried to join 5 Eyes. These countries brought extreme hardships to China. Chinese will never forget and will exact far more against these countries for sure in case of open conflicts
I wonder what would happen if China treated the west the way the west treated China!
As it stands now; Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject. Thanks to Stacey Macken's program, I've grasped trading concepts, boosting my earnings daily with her insights
Honestly, I'm surprised that this mrs Stacey Macken is mentioned here, came across a testimony about her from one of the beneficiaries on the CNBC news, she seems to be doing extremely well .
That woman has changed my life for good. I attended her investment class couple of weeks and she's the best when it comes for guidance
Stacey Macken is a retirement manager and investment/savings expert, in ranks with Cathie woods and Warren, has demonstrated expertise in investment strategies and has been involved in managing and providing financial guidance globally .
I agree with you.I was 35 when I finally educated myself and started taking steps. I went from $176,000 in debt with zero savings or retirement to now, 2 years later, fully debt-free and over $1000,000 net worth. I know that doesn't SOUND like a lot, but I'm incredibly proud of it. Now I'm fast-tracking my wealth building (investing $400,000 annually) and don't owe a dime to anyone. It's a good feeling!
Stacey Macken guided me through budgeting, highlighting areas where I could optimize spending and increase savings. She also provided insights into smart investments to grow my wealth over time, ensuring financial stability even with the higher income
The USA can't dodge the bad times that are coming. And it can be partially blamed on the government, and partially the citizens. America is a backslidden country, and can no longer expect God to bless it. In every discussion of how to solve our problems, turning back to God is never discussed.
What are God's personal pronouns? That's more important to nearly half of Americans nowadays.
As a Chinese, i won't forget the history.
I remember reading a few years back that China was graduating each year more engineers than all engineers in the USA. It has to start showing.
The real lesson to learn here is that 'trade imbalance lead to trade wars, and trade wars lead to real wars'. Running big trade surpluses have consequences. A lesson no one appears to be able to retain for more than 25 years [Bretton Woods, 1946-1971].
The Trouble with the Chinese is that they are Too Bright and Too Hard Working.
love your content! we need to know more about other countries.
My Dad was a US naval officer in the far East WWII. In 1945 he and his other officers were in Shanghai and welcomed to a gathering at a Mandarin's beautiful home. They ate well and went up to the opium den where my Dad watched the street through a window. He saw the naked bodies of little children floating down the river while people ignored it all. My Dad had been through 3 years of war on an LST and landing craft invasions yet at this he began weeping. He told us a voice in his ear from, well, God, told him, "Everything you see will soon be swept away and changed for China'" He had lots of stories as well about the corruption, the opium, the "system". He kept a laughing Buddha he got in Shanghai all his life and I always enjoyed seeing it as a child.
Christians assume China is not Christian but in reality it has a different emphasis....they love Nicholas of Myra, the original St. Nicholas and his pictures are popular in the far East. It isn't the same emphasis as evangelicals in the west. They set up little Christmas trees in factories and no one seems to object.
We will NOT FORGET... NOT FORGIVE
🤣🔥👹
Instead of just bitching and complaining about how everyone wronged China, the people had a plan and worked hard to get the country to what it is today.
I think motivational speakers should take a leaf out of China and learn how to turn humiliation into something positive and action.
Well done China 👍🇨🇳
Talking about a century of humiliation to a nation with 5000 years of history is like talking about the C- Einstein got in his art class.😂
They still quite remember the delanos
The US and Europe have lost their ability to compete, and they are afraid of losing in tech fields. Only thing they can do is to impose tariff, protecting their technologically old-fashioned factories and practices. In short term, politicians get some votes, but it will ruin the fields you are trying to protect. There will be disastrous consequences as the result.
Many people say China is weak, and gets humiliated, Japan, and Israel are strong but how come they have a small country and China is so big, it should be the other way around lol
China is an imperial state controlling many subject nationalities. Japan and Isael are not.
Ha ha Israel is not strong , basically are being run out of Middle East - Worst people on earth not Jews , The Israelis
@tdn4773 what's your nationality? If I may ask brother
@@remix-yy1hsWhy are u asking this question, bro?
until today 2024 Taiwan passport is still better than China passport , wonder why ?
Great vlog
If you forget history, distort & abuse history, you will be the prey, NOT the preditor
Yes like Edison invented the the light bulb. Not
For every action, there is an equal and opposite reaction. May you live in interesting times.
The century of humiliation hasn't ended. It is ongoing. In February 1951, India invaded and annexed Tawang in South Tibet. Tawang is the Sixth Dalai Lama's birthplace and home to the four-hundred-years old Tawang Monastery. In 1987, India renamed South Tibet the so-called Arunachal Pradesh to obscure its connection to Tibet. Because South Tibet was gobbled up by India under the Chinese Communist watch, this humiliation is not talked about in China because this is inconvenient history for the Chinese Communist Party; hence, almost nobody in China today knows about this recent history.
China and Tibet are two different countries
Thank you for that trivia ,
A all important trivia .
@@J.Smith-rc6wh ,,
You should get a refund from your school when you ask for it .
That is if you have the brain to fill the form and file it .
Reaaon , ,
Inadequate education received.
Inadequate education and attention to mental developments.
@@J.Smith-rc6whnot according to the majority of Tibet population on this planet
@@J.Smith-rc6wh This channel is about truth, not propaganda or makeup narrative. If you want to indulge in ignorance, that's your choice. If you want to be informed about the real world, here is info for you:
A timeline of how India gobbled up South Tibet.
1912: In the first full year of the Republic of China after the fall of the Qing dynasty, the United States National Geographic Magazine dedicated an issue to China. Accompanying the issue is a large and detailed fold-out map of China. The map clearly shows that Dirang Dzong (德讓宗) and Tawang (達旺) are within the boundary of China.
1943: British India likely calculated that dealing with the Lhasa government was easier than with the Republic of China's Nationalist Government in extracting land concessions and proposed to the United States to recognize Tibet's right to exchange diplomatic representatives with other powers. The Americans rejected this proposal:
"The Government of the United States has borne in mind the fact that the Chinese Government has long claimed suzerainty over Tibet and that the Chinese constitution lists Tibet among areas constituting the territory of the Republic of China. This Government has at no time raised a question regarding either of those claims."
1944: British India annexed Dirang Dzong (德讓宗), a Tibetan-settled area. Dzong means fort in Tibetan. The Chinese Government (the Nationalist Government of the Republic of China, seated in Kunming at the time because of World War II) protested to the British. So did the Tibetan Lhasa government.
1945: British India intruded into the tribal area of South Tibet.
February 1947: The Chinese Nationalist Government lodged a complaint with the Indian mission, which was by then newly established in China, on British India's border intrusions into Chinese territory.
August 1947: Britain left South Asia, and India was created as the successor polity to the departed British. India's creation means that a country that historically did not exist suddenly appears on China's doorstep.
October 1947: The Tibetan Lhasa Government dispatched a formal request to New Delhi, asking the newly independent Indian Government to withdraw all its predecessors' intrusions into the territory between the McMahon Line and the traditional border beneath the foothills and return a wide swath of territory from Ladakh to Assam, including Sikkim and the Darjeeling district.
1949: When the defeat of the Nationalist Government in China's civil war was imminent, the Republic of China's ambassador in New Delhi reminded the Indian Government that China did not recognize the McMahon Line and held the Simla Convention invalid.
October 1949: The CCP (Chinese Communist Party) took control of the mainland, and its civil war rival, the Republic of China, retreated to Taiwan.
December 1949: India recognized the People's Republic of China as the legitimate government, effectively cutting off the diplomatic channel the Republic of China used to deliver its protests to India.
February 1951: India annexed Tawang (達旺), the birthplace of the Sixth Dalai Lama and home to the four-hundred-year-old Tawang Monastery. The Tibetan authorities in Lhasa protested but were simply informed by the Indian political officer that India was taking over Tawang. The Tibetans protested again, accusing the Indian Government of 'seizing as its own what did not belong to it.' The Tibetans went on to ask New Delhi to withdraw its forces from Tawang immediately. The protests were ignored. The Republic of China (which had already retreated to Taiwan by then and had no diplomatic relation with India) also vehemently denounced India's territorial travesty. The CCP (Chinese Communist Party) made no noise.
October 1951: The PLA (Peoples’ Liberation Army) seized Lhasa, capturing the last remaining part of mainland China (except South Tibet) that was up to that point beyond the Communist control.
1954: India published a new map showing South Tibet as part of India. The map also shows the two neighbors of China, Sikkim, and Bhutan, as part of India. Sikkim has been a tributary state of Tibet for hundreds of years. In the 18th century, Sikkim was briefly overrun by the Nepalese Gorkhas, causing the Sikkim king to flee to Tibet. The Gorkhas continued their push to the north to Shigatse (日喀則市) and sacked the Tashilhunpo Monastery (扎什倫布寺). The Dalai Lama and Panchen Lama requested help from the Qing court, and the Qianlong emperor dispatched two separate expeditions, expelled the Gorkhas, and restored Sikkim's sovereignty and independence. The Gorkhas were pacified and became a tributary state of the Qing dynasty. Sikkim remained unmolested for the rest of its history until it was annexed by India in 1975.
January 1959: The CCP (Chinese Communist Party) commented for the first time on the issue of South Tibet when Zhou Enlai, in a letter to Nehru, offered to concede South Tibet to India. However, India rejected the offer, as it also claimed Aksai Chin as part of its territory.
1960: India started establishing posts (border markers) north of South Tibet (north of the McMahon Line) and proclaiming that it has the right to unilaterally 'improve' the McMahon Line as it sees fit.
October 1962: After years of warning, China attacked India's position in South Tibet and recovered Tawang shortly. Three weeks later, in a second wave, China recovered the whole of South Tibet.
November 1962: China unilaterally withdrew back to the north of the McMahon line.
1975: India annexed Sikkim.
1987: India made South Tibet a state and renamed it the so-called Arunachal Pradesh. The Republic of China (Taiwan) put out a statement denouncing India. Here is the statement:
"In regard to the issue of the Indian government's illegal occupation of our country's territory and the establishment of the so-called 'Arunachal Pradesh,' the foreign ministry of the Republic of China issued the following announcement at midnight: India's illegal occupation of our country's territory has been repeatedly stated by the Government of the Republic of China as something it will not recognize. Recently, the Indian Congress unilaterally passed the establishment of 'Arunachal Pradesh' to the south of the so-called McMahon Line. The Indian Government also made it a state. The Government of the Republic of China once again solemnly proclaims that the Government of India intends to legitimize its illegal occupation of Chinese territory. The Government of the Republic of China regards this as illegal, void, and absolutely not recognized."
2008: A little over a decade after Britain returned Hong Kong to China, Britain had exited its last colonial enterprise in Asia. Tibet no longer had the utility of a bargaining chip vis-à-vis the Hong Kong issue, allowing the British to afford honesty for once. The British government issued a statement recognizing China's sovereignty over Tibet (previously recognized as suzerainty, not sovereignty). The statement, supported by both the Conservative and Labour parties, is remarkable for its honesty in admitting that Britain once had territorial ambitions in Tibet and adopted an almost apologetic tone. Here is an excerpt:
"...But our position is unusual for one reason of history that has been imported into the present: the anachronism of our formal position on whether Tibet is part of China, and whether in fact we harbour continued designs to see the break-up of China. We do not.
Our ability to get our points across has sometimes been clouded by the position the UK took at the start of the 20th century on the status of Tibet, a position based on the geopolitics of the time. Our recognition of China’s “special position” in Tibet developed from the outdated concept of suzerainty. Some have used this to cast doubt on the aims we are pursuing and to claim that we are denying Chinese sovereignty over a large part of its own territory. We have made clear to the Chinese Government, and publicly, that we do not support Tibetan independence. Like every other EU member state, and the United States, we regard Tibet as part of the People’s Republic of China. "
2014: A Tibetan Chinese named Nido Tania from Arunachal Pradesh (occupied South Tibet) went to old Delhi and was beaten to death because he 'looked Chinese.'
2024: The festering border dispute between India and China persists. China's earlier offer to cede South Tibet is no longer available, as China has explicitly stated that South Tibet is part of its territory. This stance mirrors the positions of both the Tibetan Lhasa Government and its civil war rival, the Republic of China (Taiwan).
I would believe Alastair over every bullsh!T finance program I've watched, he is very knowledgeable. Always watch him when he's in on, open to real talk, and will listen to arguments but is a realist and know where this is going. 🙂
For the past 500 years ago China was already a super-power country. From the history we all knew it can survive even without the other countries backup. Always remember Chinese are very particular about education. My parents generation and my too in today’s society. 30 years ago when I visited Chinese museums I already knew it’s impossible for China to continue backward and underdeveloped…
中华民族永远都不会忘记这些耻辱，我们必将取得胜利，洗刷耻辱！
Great video from Portugal
Tarrifs aid Inflation 😅
Have you guys seen the 10000 drone show in shenzhen? Those have scary applications if they wanted to go that direction.
The U.S. maintained its embargo on China during the Great Chinese Famine (1959-1961), discouraging other nations from sending food, confident that millions of deaths from starvation would ensure China’s permanent collapse.
Consumers worldwide are now frustrated with the influx of affordable goods from China. The British opium nearly did them in, and surely these tariffs on Chinese products will finish them off for good this time.
Meanwhile, China’s GDP growth is at 4.7%-a clear sign that the nation is finally collapsing.
No, if 4.7% is collapsing, how about 0 and 2%?
🤣🤣🤣
@@Qiushishuo. He is being sarcastic, mocking the U S .
Great Chinese Famine ? Is that an official event ? I left China in 1960 at age 4. No wonder my growth was stunted. My mother used to tell me that she had to breast feed me until I was 2 yrs old because there was no food for me. Know I know why I like breasts so much. Lol.
Count yourself blessed when your mother breastfed you for two years instead of feeding you with alternative baby food that is inferior anyway. Bcs you were breastfed for two years,your IQ is higher,you should thank your mother and God.
If China could go through those 150 years of humiliation,abject poverty and famine,and immerse out to be the number 2 economy of the world today,growing under the "Rule base international bully order" no human designed obstacles can hinder china continuing rise,china never invaded and occupied any nation before,why should we worry she will emulate the other colonisers.china are more preoccupied by how to raise the standard of living for the people,than wasting money and resources to go to war in other part of the world and created bad history.
To cheat,to lie,to steal and to rob is not sustainable.
Teddy Roosevelt said China was an example of the folly of a wealthy nation that fails to defend itself.
The US imperial feudal system cannot compete because it is based on extracting a free lunch due to ownership alone. China is deliberately avoiding this system in order to be productive instead.
This failure to compete is called Chinese overcapacity by the transnational rentier oligarchy at the top of Wall Street, the deep state, who does central planning for their private benefit.
The classical economists beginning with Adam Smith identified the free lunch (economic rents, or unearned income, otherwise defined as the difference between the socially necessary cost, and the price) extracted by feudal lords as the problem preventing a free market that the government should solve. They would add that the government should redirect the free lunch to factors of production like infrastructure, health care, and education, to reduce the cost of living and therefore the cost of production/labor. The neoliberal (Austrian, Libertarian, Chicago School Monetarist) counter-enlightenment led by the super wealthy was to not acknowledge any such problem, as the marketing front for their banks (FIRE, finance, insurance and real estate) whose vocation is rent seeking and who directly employ the modern neo feudal government.
“The classical economists sought to reduce and eliminate the “free lunch” and thereby bring prices more closely in line with costs. This would unleash economic productivity by eliminating the parasitism of the rentier class. At the dawn of the twentieth century, the application of classical economics combined with advances in technology led people to believe that a golden age of human progress and prosperity was approaching. But the reactionary rentier class used its rentier fortunes to launch an economic “Counter-Enlightenment.” As Michael Hudson summarizes,
To deter public regulation or higher taxation of such rent seeking, recipients of free lunches have embraced Milton Friedman’s claim that There Is No Such Thing As A Free Lunch. [. . .] The actual antidote to free lunches is to make governments strong enough to tax economic rent and keep potential rent-extracting opportunities and natural monopolies in the public domain.26
The point here, articulated by Orwell, is that technological progress in production and in economic planning should have ushered in a golden age of civilization. Instead, activist elites recognized the implications of this dynamic and responded by using their wealth and power to maintain the inequality and material insecurity that are preconditions for their continued dominance over society.”
Good, Aaron. American Exception: Empire and the Deep State (p. 180).
What exactly is a free lunch or what are economic rents?
"Rentiers derive income from ownership, possession or control of assets that are scarce or artificially made scarce. Most familiar is rental income from land, property, mineral exploitation or financial investments, but other sources have grown too. They include the income lenders gain from debt interest; income from ownership of ‘intellectual property’ (such as patents, copyright, brands and trademarks); capital gains on investments; ‘above normal’ company profits (when a firm has a dominant market position that allows it to charge high prices or dictate terms); income from government subsidies; and income of financial and other intermediaries derived from third-party transactions."
Standing, Guy. The Corruption of Capitalism: Why rentiers thrive and work does not pay (p. 94).
There is no daylight between private virtual real estate feudal lords owning Amazon, Google, and Facebook, for example, and government law enforcement/intelligence, while they extract their piece of the action (economic rent).
The crown rentier jewel is the banking system, the FIRE sector, or finance, insurance and real estate. The big banks reward the people they put into the very top of government for loyal service to the company when they go back to the company in the revolving door.
The central planners aren't in the government. The transnational rentier oligarchy at the top of wall street, the deep state, does central planning for their private benefit, and they are the employers of politicians. The job of the politician is to deliver voters to the oligarchy by campaigning on whatever gets them elected with oligarchy funding, then do whatever the oligarchy wants, and they are taken care of whether they are reelected or not.
“Today, the statistics are good. They reveal that 50 percent of the world’s wealth is in the hands of US-based corporations, even though the national account, GDP, is not anywhere near that.”
Chomsky, Noam; Waterstone, Marv. Consequences of Capitalism: Manufacturing Discontent and Resistance (p. 138)
If the US had majority rule, i.e., a democratic form of government, we would have a decent minimum wage, Medicare for all, free education, parental and sick leave, legal marijuana, workers on corporate boards, lower credit card interest, not allowing politicians to own stock or immediately graduate to becoming lobbyists, public funding of drug research for public drug patents, and some kind of green new deal, just at first glance at the polls. We have institutionalized opposition at best, not representation at all.
"Reagan’s election marked the ascension of deep political forces to a position of sovereignty. Practically speaking, what emerged was an exceptionist tripartite state comprised of (1) a feckless public state, (2) a sprawling security state, and (3) the anti-democratic deep state to which they are subordinated. This consolidation and institutionalization of top-down power was such that US governance could thereafter be described as a deep state system."
Good, Aaron. American Exception: Empire and the Deep State (p. 260).
Rentier capitalism, or financialization, has come to dominate both industrial capitalism and government, sucking the wealth from both. I'm talking about public use of unearned income to help production and profits earned by producing, as well as to actually reward work, not to crush companies. An alternative would be to have democratically elected public planners instead of the current neo-feudal private deep state planning system. Neoliberal ideology is that there is no place for government in the economy, but reality is that the economy does not stay out of government, which is why democracy is not actually possible and where a vanguard political party comes into the picture. Here are some things to consider.
"Today, commercial banks have the privilege of creating money as credit. They oppose governments creating their own money, because that would make economies less dependent on bankers and bondholders. Opposing Modern Monetary Theory (MMT), banks and bondholders demand that governments finance their budget deficits by borrowing at interest instead of simply creating their own money by fiat."
Michael Hudson, The Destiny of Civilization (Kindle locations 4561 to 4564)
In MMT, taxes don't pay for anything. Taxes simply extinguish money to keep inflation in check. Some insist that "taxation is theft", but I would argue that rentier income, which by definition derives from ownership alone, a not at all productive extraction from the real economy of producing and consuming goods and services, is theft, and this is what should be taxed.
It is important to note that in MMT it is the real economy that matters, not the paper economy. Should money be created for corporate takeovers or education? Financial speculation or infrastructure? For the wealthy to collect interest or health care? All of these things reduce the cost of living, and therefore the cost of labor and production, resulting in a more efficient economy.
Once you accept the premise that everyone should be in the risk pool for health insurance, it becomes clear it's a natural monopoly that belongs in the public, not private, domain. Educated people benefit society as well as themselves, so are a factor of production/wellbeing to be enhanced by public subsidy instead of the cost borne by employers. Infrastructure is another factor of production that increases productivity and profitability if not being used to extract private natural monopoly economic rents (but the empire buys infrastructure to collect rents around the world).
Brevity is not only the soul of wit, but the essence of lingerie. 😃
@@CEmptor I like brevity when it comes to lingering........... PERIOD.
@@AmericanEmperor ! 😗😀
China and US should work together to make the world safe, peaceful and prosperous.
USA has been winning Nobel Prize (economic) year in & year out. I supposed, those Nobel prize laureate are only for shows. isn't with its plentiful of "economic expertise" its economie should flourish but instead things gets 'screwed' up. 😂
Nobel prize was awarded to a Chinese guy who was convicted for trying to destabilise the Chinese government.
present day "opium" that was sold to China was the premium luxury brands....BMW, Benz, Audi, etc and French wine and cosmetic/Italian fashion, etc.....now there are counterparts brands locally in China...so they're not buying or not as much
Look at Tesla factory built in Shanghai.
China should close it but not yet.
But they should definitely throw out Foxconn and apple right now.
Same with nvidia. Block and ban it
People who learn from history can improve. Those who don't will repeat the same mistakes made.
The threat of tariffs is a negotiation tool silly rabbits.
the silly rabbits thought the threat of tariffs is a negotiation tool.
Amazing after all these years they have no concept of how Trump operates.
Tariffs work.....
1) IF the country on which you impose them already has a market in your country
and
2) If You have an alternative supplier
and
3) If THEY don't have an alternative market.
.
China has BRICS (Or at least the countries wishing to join)
If you try and muscle them out, they can say "That's fine we'll sell elsewhere",
When YOU want to sell to THEM, they will increasingly reply with a polite "No thank you, we have an alternative we prefer" (Brazilian Grain as an example)
Not to mention when Your industry wants to enter, or re-enter a market, (For example EVs) and THEY control raw materials and components, you MIGHT find that their "new friends" are taking those resources, leaving you paying a high price for what you can find?
It takes two to tango if and only if all parties are willing to negotiate. Right now, we don't see this happening. Expect tariff to stay around for awhile. You can use the last 8 years as reference.
@@MetaView7 ,,
Rabbits are fast runner ,
Rabbit are also cowards ,
They run away instead of standing up ,
And when the ran away , they didn't drop the carrots i left for them ,
They just drop it and scamper away fast .
"Savings in the US have been destroyed" so has the ability to save. The majority live from hand to mouth.
These guys actually don't know what they're talking about about.
The Chinese have a long memory , the opportune time will present itself if one waits long enough .
I think the tendency and fallacy in the West is to give too much credit to China. Yes, the West is becoming weak, but China is still no match for it. Sure, don’t underestimate the opponent, but know also what it is and isn’t. Historically, “China” was relatively strong whenever it was ruled over by one of the Northern Peoples. (Shang, Tang, Yuan, Qing, etc.) Right now, it’s ruled by a Han, whatever that term means.
Ok arrogant and cocky guy.
China is force for peace. A very powerful. They also lead in 57 of total 64 future technologies identified
Lol China will reclaim its former glory and they will colonize both japan and Korea. Never again will the dog rule over chinese
@@GamerShowdown-h8jTrue! He forgets China was the leading economy except for the last 5 centuries.
@@GamerShowdown-h8jAlso ignorant and jealous!
The Opium war, Nanjing, Unit 731 is some of the reason why.
There is so much more than meets the eye; the naivety of the people is what led us to the demise of democracy, the price for which our children will be paying.
Work with gradiosity. Lack of power is a dilemma, who, what where when and why. These are a necessity to complete follow thru.
This line of thought is a century out of date.
you even leave in the other sites commercial mid vid,thanks,can't get enough commercials
Every Chinese remembered the century of humiliation.
Finally a channel with some brains and worthy to follow and watch and learn..... Kudos to both.
(However, Keysean theory has lots of merits when certain economic and social environmental situations are encountered... eg. The Great Depression). Will there be another repeat of this Great Depression? answer: NO
The major problem is the US government-which has destroyed production in the USA. You need a permit with fees and time delays to use the bathroom now.
Taiwanese know their history very well. Both the western and Japanese invasion,
Good interview. Btw it's Alasdair, not Alastair.
I am Hong Kong Chinese living in Canada, and I look at how my kids learn history, I find it quite interesting
My kids did learn a bit about Canadian history as a mandatory subject in grade 10
Compared with when I was in secondary school = middle + high school, it was six years of world history and Chinese history as two different mandatory subjects
Recent history, as in 18th century to the start of the civil war was taught in greater detail, such as the Foreign concessions in China, the opium war, etc.
Even if you are not a shining example of a good history student, you do retain a general sense of China's place in the world
The recent Chinese success story is not hard to understand, just like the American success story, which is not complicated to comprehend post-American Civil War. The Chinese Communist Party came out of WWII, and the Chinese Civil War was victorious because it understood the power of the people. Just like Lincoln understood, for America to thrive, it must unite its people. The Chinese still believe that is the principle to global success while America is forgetting where it came from - A country by the people for the people; instead, now America is owned by a few billionaires and the top 5%. China understands that 80% of the world's population is still living in poverty, at least according to the American standard. The Chinese secret is to better the lives of these 80% of the population to win over the world, just as the communists did in WWII.
Excellent strategy by China!
They were bullying, now they are afraid.
ove your content!
"Within sixteen years of the Treaty of Nanjing, China had abolished the opium import restrictions, not least because they had become irrelevant. By 1860, and much more so by 1900, the Chinese were growing at home many times as much opium as the British, or anyone else, could import."
If you want to understand China today? You have to study Confucius. Their entire society today is based upon those principals of harmony.
But the logic is, US companies are not competitive already, so they need tariffs to keep the Chinese companies out.
US tariffs and sanctions on other countries are just rocks and stones pounding on its own feet! Sad to say!
25 % tariffs will hurt the people .,
Good. China don't need them, china's biggest trade partner is asean and they growing and so is south America when Peru port opens. Africa is ready after 5 years. Middle East is done with the west, even India imports from China is record high. China just need to make its currency go global to friendly countries.
If possible, I would like to see it written on screen. Thanks 👍