The last time Trump said he was going to bring back air conditioning manufacturing companies back to the US with huge subsidies they moved their manufacturing factories to Mexico a day after he became president! So what happened to your promise, Crooked Trump? Oh, what happened to the coal industry that you promised would bring back millions of jobs, Crooked Trump? Oh, what happened to the promises he made to you, Trumpers? Are you still supporting this lying snake like he is your god?
Isn't that great ,, They are SPOILED, while living in their garden , wealth and luxury from colonial confiscation and expropriation . They are so spoiled , they forgot the fundamentals .
Desperation about maintaining evil western hegemony leads to a lot of weird behavior from the west. I suppose as things get worse they will get more desperate and more weird.😳
The EU is already done, it suffers from slavishly following USA contrary to its best interest. "Mental deindustrialization" someone called it. Future economic hot points: 1) Tourism 2) Arms Industry 3) Homegrown veggies
China is going step by step. I think China wants to salvage future trading relations with Europe. China will be willing to give up USA, Britian and Canada. Wait until those 3 find out China is fed up with their ego's and lack of honesty, then stops exporting to them... What will those "democracies" do then? Beg for Venezuela, Mexico and Europe to forward ship Chinese goods to them???
Time to focus on doing work not playing with words. Is a car a he or a she, is a two door a blar or a blar. WTf. EU can go as green as it wants, just stop farting yourself into a corner and no friends.
It just annoys me that Americans are such sell outs to Europe. Europe is a horrible place and I'm greatful my ancestors left that shithole generations ago.
They are a vassal/client state of the us.( most are too proud to admit it, but let’s face it, actions speak louder than words.) The corrupt politicians are entirely captured by us money interests and the elites don’t care about the European people or economy. There is a profound sense of superiority and arrogance that contributes to the acceleration of western collapse.
I remember until 2-3 years ago the buzz word was "subventions"... China is giving tax cuts to their companies, that's why they are producing cheap... somehow, if you look through the budgets of the EU in the last 20 years, every sector of the economy is filled with subventions through tax exemptions, quotas, tax incentives, etc. Now they invented "overcapacity"... next buzzword will be "monopoly" of China of production chains... and by 2030, the EU-NATO-G7 etc will say they need to go to war with China to get back their resources OR as we see now, pay/organize terrorists across the world to attack the BRICS members investing in underdeveloped or developing states.
@@josue_kaydoesn't matter, Chinese worker are paid with peanuts anyway. Even if LVMH wanna change their manufacturing hub, where would they go? Just wait n see how chinese people teach Europe a lesson. Disrespectful toward your client is far too deadly!!!
EU thought they planted grass in their garden, instead they had planted weeds, given to them by their head gardener. Bamboozled yet again...for following like sheep.
Then why are the people printing trillions 😮 about $15 trillion in debt that’s about 100 trillion yuan , you all think brics is a win 😊wait till all trade with west is cut , foreign aid for Asian n African countries worth over $100 billion, who’s paying that China lol China will go bank when it loses western trade , you think usa will allow its puppet countries to trade with brics , we are all going to lose
The Chinese will start punishing the countries who voted in favor of the tariffs. The Brandy tariff will hit (not much, yet) France, then other tariffs will hit Italy, Poland, etc.
They'll punish the cowards who abstained as well (e.g., Spain). But France and Italy are the biggest hypocrites, desperately seeking an audience in Beijing to look relevant, only to abuse China months later.
Bottom line is Chinese productivity cannot be matched by Western countries. Chinese market locally is also big enough to neutralize any foreign attempts to curtail Chinese products. At the other end of the spectrum of consumer consumption of low priced household goods which affect the common households, nothing can come close to Chinese made products for quality at bargain prices. Hence the well patronized stores by the common man like Walmart, Dollar Tree, Dollarama etc. will face pressure.
The Defectiveness of "Made in China" can't be overstated, and China might beat everyone in "Productuvity", China products aren't known for "quality", and it certainly aren't superior to "American Made Products", much less everyone else's product!!!
miracle of one global market, one with scale destroys everyone else the same as USA sucking in all global capital into their assets making them only good place to store capital
the elephant in the room is third world consumers, all these consumers will dump every western product due to huge price differencev, its already happening. here in egypt people pivoted to buying chinese brands. eruopean cars are soooo fucked , no body is buying these costly cars
Looks like Hungary will be the first out of the door (well, actually second as the UK was technically the first) and with them gone I wonder who von der lyer will target next?
actually it's why they won't it's internal market keeping EU together it's not competitive but I can close and survive by itself except lack of energy sources.. but french have nuclear technology so think they gain when everyone else looses because of higher energy costs haha
Socialism or capitalism or anything else; what matters is Leadership. And Europe has the most incompetent and short sighted in it's modern history. They blindly follow their master from the other side of the ocean even when it leads them to their own destruction.
I am Belgian..... You know how it is..... They take the orders from Washington..... But what do our leaders care about the people..... They have a very big paycheck..... They don't feel the fall down.
Sean, you are right on point with the question: Who will suffer more? There's a physical war of attrition going on and EU is going for economic war of attrition. They are not in a good place to take on China...
As a German Driving a Mercedes with an Apple iPhone in Australia, betrayed by both Gov’ts and the US Gov’t, my mindset has shifted to Huawei for future phones (based on trust and advanced tech) and BYD, NIO, Xiaomi vehicles, same same. I’m over it. Off to China tomorrow to check things out. I’m so over the collective west war mongering sanctioning ways.
But very careful with what you say and do there cos the western msm will label you as being paid by the Chinese govt to say all the positive things about China.
@@Sidekick618 nobody stays himself living in foreign country it's betrayal of own roots and ancestors only kids leave instead of fighting for own country
Each day the drooling lapdogs of the usa, the countries like germany, Britain, japan, poland, france get down on their hands and knees and ask their master "how can we obey you today your highness" 😂
Its worse here, our economy is like a flailing fish, fighting for its life. The normal state of the U.S. economy is actually very bad. Because of this it goes into convulsive spasms fighting to grow any way it can out of desperation. Tricks, gimmicks, rule changes try to stimulate the economy and prevent it from falling but they only bring temporary relief to people since, when you factor in inflation we are declining.
People believe their currency has the worth it does because they have no other option. Even in a hyperinflationary environment, individuals must continue to use their hyperinflationary currency since they likely have minimal access to other currencies or gold/silver coins.
Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.
I do not disagree, there are strategies that could be put in place for solid gains regardless of economy or market condition, but such execution are usually carried out by investment experts or advisors with experience since the 08' crash
I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.!!
If you don't want to crash and burn, you should seek the advice of a fiduciary counselor when you first start out. Fiduciary-counselors have exclusive information and data paths that are not available to the general public. Understanding the direction of my Fiduciary-counselor Tracy Britt Cool Consulting
Trump is a joker 😂 portraying US as a victim being treated unfairly by every body when US is the center of unfairness that's happening around the world.
All this was the result of extremely "brilliant" decision making by the EU, and the long term capture of the various EU organizations and the rise of the jellies boned politicians in the various states. They and their electorates had to literally earn this ending, so don't cry for the EU
@toddmaek5436 🤣🤣🤣🤣IN THE EYES OF WESTERN COUNTRIES, THEY THOUGHT THESE ARE MERE SLAVES!!!!! UNTIL BRICS STARTED MAKING WAVES, SO HOW DID BULLYING, WARS, SANCTIONS AND RULING WITH IRON FISTS WORK OUT FOR THE U.S????🤔🤔🤔🤔🤔🤔🤔 WITHOUT "SLAVES" RESOURCES, GOLD,OIL DIAMONDS,MINERALS, PRODUCE AND ETC MANY COUNTRIES ARE NOTHING....🤭🤔IMAGINE " MERE SLAVES" MADE POWER HOUSES LIKE THE U.S, UN AND UE SHAKE IN THEIR BOOTS. WELCOME TO THE FUTURE!!!!!🫡🫡🫡🫡🫡🫡WELL DONE BRICS!!!!🤣🤣🤣🤣🤣
We followed the US policies in Ukraine and LOST big time. Now we are caught between a mighty China and a selfish US. We have lost ALL our advantages in manufacturing and competitiveness on the global market. And it started with losing cheap reliable Russian energy. How our leaders in EU did not see this coming when many of us citizens could?
Because they are confident Russia will collapse because of sanctions... They do this with Iraq, Zimbabwe, Venezuela and many more and all succeed..... And when Russia collapses, This EU Idiot will act as Savior stabilizes Russia with their puppets and stealing all Russian resources for free... Never in their small peas brain the Sanction actually not working but backfire and Russia move to Asia as EU replacement and EU forever losses Russia cheap gas, grain, fertilizer, iron, coal etc that fuel EU economy... I hope the EU will crash and become poor like in middle age... They are types of people/race that when given power will abuse and bully others....
The EU leaders like Scholz were told that Russia would collapse very quickly under sanctions. Basically, they're dunces because it was an obvious RISK that following orders from the U.S. could cause huge economic problems in the EU or even global war. They gambled and lost.
Because they have money spend for everything and living, so they dont care to their citizens 😅😂, it is your problem if you dont have money, not the politicians problem 😂
11:49 I’d like to add that another reason 🇿🇦’s GDP growth isn’t larger is because the UK corporate class have had their boot on the 🇿🇦 economy for decades. However, as the UK slides down the economic toilet and their corporate class lose influence, 🇿🇦 economy will start showing the true capacity of the country
Between China and EU, who is going to lose more when EU imposes tariffs on Chinese EVs? EV export to EU is only a small portion of Chinese EVs. But brandy and pork sold to China are almost all of EU brandy and pork exports.
We Germans will be very happy, when our farmers can't export pork to China anymore 😆👍 Because, ever since they sold pork to China, the price in Germany for pork went up and up.... It will become cheaper again in the future. For us.
We shd pray that he gets into the Oval Office. With him at the helm, he will quicken the pace of the decline of the bully Empire. Keep our fingers crossed
He hasn't much of a choice - just take a peek at to whom his children are actually married and the ones buying/financing & hence weaseling most of US politicians into Congress and you'll find they belong to the same tribe - they have the entire US industrial/financial military complex in their pockets😊
Regardless of who gets in office, the same policies are going to be applied, the president is only there to convince the populace that those policies is for their goods. If you need convincing, just look at the present government policies on China, tariffs are being used more and more every days.
He is just playing the same ignorant song he did last time. He started the huge debt crises. He screwed up the pandemic. He did nothing about the unemployment and stock market, since they generally have a 2 yr lag from Obama's policies. He negotiated the pull out date in Afghan which left Biden little notice to leave. He's going to put more tariffs on China were he tells American they won't pay more.... The guy truly does not know what he is doing. So when Vance takes over the WEF Reset Plan will move along quite quickly. By then we will be in such disarray with no energy, no shelter, and no food we will accept anything to improve our situation... But Harris is no better.. Except with her we won't know who is actually running the country.
Sean foo your economic knowledge is the best out there. Everything you say it totally makes sense. I can't wait for your video to watch every day. Thanks👏👏👍
China doesn't do an eye for an eye. They are smarter than that. They are going to take on the entire European agriculture industry, probably starting with dairy.... where 3/4 of funds are gov't subsidies. And they will follow United Nations and Europe treaties in doing so.... None of this "Rules based Order" which is not written or clarified.
So how about Tesla and iPhones? It'll be cripple those companies, particularly Apple cos the majority of their phones are manufactured in China and already they're losing market in China to Huawei. I'm sure the investors in Apple will be highly amused if that company went down the gurgler.😂😂
As someone who has worked in manufacturing for over 40 years, some in the auto industry, I just laugh at Trump when he starts talking about bringing back the auto industry. There are many reasons most of it has left the USA, much of which he has no clue about.
Yeah. They are having to pass a law to waive the environmental impact study to continue to try and build a chip fab in Arizona. We are way beyond being competitive here.
@@orbitalair2103 I read about this and I don't get it. A chip fab is very fresh water intensive, what a great idea to put it in the middle of one of the dryest places on earth.
You can laugh now from across the ocean..... And laugh really good. The US drags Europe down to sinking level.... On the orders from Washington...... But when Europe sinks..... The US is next.
The numbers for Germany have been revised to negative .2%. As for brandy and wine, the Chinese are all over the Balkans and will find affordable high quality products without the eu bs.
I don't think the EU will walk back on tariffs. They don't know how. Funny thing here in Australia, the gov is also talking about EV tariffs, and we don't have any cars to protect from. It is shown that the order may come from the boss.
The United States is a very rich and beautiful country in terms of natural and human resources and-like China, could theoretically become self-contained and self-sufficient; however that impossibility is not going to happen because the US economy is totally based on foreign exploitation and its government is totally out of control with respect to spending, inefficiency, and mismanagement
you mean what a stupid decision, tariff will still be applied on Nio cars, worse, the local Chinese will put nio cars at the bottom of their preferences when they know that nio is a taitor, in fact, look at apple, they were the top brand even during the days before huawei became famous and the underdog, but once apple tried to move production to india, that is a really bad move, like what nio is doing, this signal to the local chinese that apple may screw them and on top of that, after huawei is victimised, the chinese is now looking to buy local and to buy products that is totally chinese, so any stupid chinese companies with western key components will be in trouble, just like the US, they can claim strategic security reason, no nio cars for government or company cars. now that huawei has equal or better chips than nivida, guess what will happen?
Regarding the astounding increase in Russian pork exports to China, the authorities had better be sure the industrial preparation standards are at the highest levels across the board. Trust is difficult to gain, but easy to lose.
I agree with you. Russia and Europe was a marriage made in heaven. Russia has the resources, EU has the manufacturing. They don't need the US or China to survive. To provoke Russia to war was stupid. Now they are paying the price. I thought Europeans were smarter than this. Excellent vid as usual.
I wonder what's going through the heads of top leadership at Ford, GM, Chevy? They be like, "Oh sure, closing all our plants in foreign countries and re-opening them in...Detroit. Easy. No problem." Yeah right.
I don’t know what parallel universe orange bio is living in….U.S. automakers have been closing plants and laying off workers over the last year. But he is speaking to Trumpers, most who are uneducated…so they believe everything he says.
Actually, people are HEAVILY burdened, by what has been... ! I hope, China will no longer export rare minerals needet for weaponery to the global west (5 x Anglo + EU) !! While China bought up houses = the result of work and materials, USA bailed out uninsured peoples banking wealth (rightly, if to entrepreneurs, otherwise just widening the wealth gap) - so...
Love your channel. Always heaps of information about China and global issues. Really appreciate the time you spend gathering up all the information. Thankyou so much.
The solution for those who voted against the levies on China is to leave the EU, just like Brexit. They will survive but not EU. Estonia, France and Italy will go down first. Polish removal will be sad.
There is nothing Europe can make that china must have. All Europe produced are all optional items and luxury items, except for one items UAV machine from ASML . All raw materials are from Africa and Middle East. Everything else china can produce itself using the raw materials. Europe has no Ace up its sleeve, only low cards.
The embargo act was passed almost without debate on December 22, 1807. Jefferson would seriously damage the American economy, striking everyone from farmers who could not sell their surplus cornmeal and flour overseas, to ship owners whose boats now sat idle at anchor, to dockworkers who had no cargo to load and unload, right down to the bartenders at waterfront grog shops who lost their hard-dinking seafaring clientele. The embargo put 30,000 American sailors out of work. THAT WAS 217 YEARS AGO! Free Trade: international trade left to its natural course without tariffs, quotas or other restrictions.
Follow me on X(Twitter) here: twitter.com/SeanFooGold thank you!
That dig at Kamala was pure poetry my dude. 😎😂
The last time Trump said he was going to bring back air conditioning manufacturing companies back to the US with huge subsidies they moved their manufacturing factories to Mexico a day after he became president! So what happened to your promise, Crooked Trump? Oh, what happened to the coal industry that you promised would bring back millions of jobs, Crooked Trump? Oh, what happened to the promises he made to you, Trumpers? Are you still supporting this lying snake like he is your god?
@@UncleKameha49
Who is this Kamala ?
@@sudhakarrane7076 You mean Scumala
And they can trade with Japan The Philippines, Taiwan, Vietnam, India
France's overcapacity of wine and luxury goods needs to be contained. Good work from China to level the playing field!
😂😂😂😂
France also needs a dose of human rights and democracy!
Bu there is still Ubisoft ... oh wait... 😂😂
😂😂😂😂
Less uranium pellets 😂😂😂@@pbworld7858
The EU with captain Ursula von der Leyen is a ship of fools.
You mean von der Crazy?
Ursula Von Der Wonderland is a Clown and she must go and work as a Gynecologist 😂😂😂
Like Scorpions song, Ship of fools. Wow prophetic.🃏⛵⛵😂😂
@@PeterLamin-pi6rv Wasn't that a song by the Doors?
Ursula Always Lying.
We have BRICS, in The West you have PR1CKS
🧐😓😂 Sadly it is true, I have to confess.
😂😂😂 so true 💯
Chuckle!
😂😂😂😂😂😂
Well said 👏 your absolutely right.
So the EU cut off their cheap energy supplier, and now cutting off their market... These people are really smoking stuff.
Simple..... They take orders from the US.
Isn't that great ,,
They are SPOILED, while living in their garden , wealth and luxury from colonial confiscation and expropriation .
They are so spoiled , they forgot the fundamentals .
They are throwing the doors open for everyone else these days
Thanks to Ursula 😮
Desperation about maintaining evil western hegemony leads to a lot of weird behavior from the west. I suppose as things get worse they will get more desperate and more weird.😳
EU: "Who knew charging tariffs on China goods could have consequences?"
Truth is it's Common Sense!
They are just punishing their own people
The clowns in charge of the EU and the US obviously do not know the law of physics i.e. for every action, there is a reaction.
We have a rude saying in Chinese for "shameless+hypocrite" which these two combined could not do the justice, "当了婊子还要立牌坊".
Stupid EU 😂😂😂😂
The US doesn't have allies, they have interests. The EU may suffer from a US fall in interest.
The EU is already done, it suffers from slavishly following USA contrary to its best interest. "Mental deindustrialization" someone called it.
Future economic hot points: 1) Tourism 2) Arms Industry 3) Homegrown veggies
It was America's intention to let Europe fail. They needed a weak Europe.
The US has vassal states, not allies
The US doesn't have allies, they only have vassals that they exploit
China is going step by step. I think China wants to salvage future trading relations with Europe. China will be willing to give up USA, Britian and Canada. Wait until those 3 find out China is fed up with their ego's and lack of honesty, then stops exporting to them... What will those "democracies" do then? Beg for Venezuela, Mexico and Europe to forward ship Chinese goods to them???
"What goes around, comes around." ...no matter how you spin it.
One dimensionally
Time to focus on doing work not playing with words. Is a car a he or a she, is a two door a blar or a blar. WTf.
EU can go as green as it wants, just stop farting yourself into a corner and no friends.
But the whole world suffers with these big-bad-wolves!
It just annoys me that Europe are such sell outs to America
It just annoys me that Americans are such sell outs to Europe.
Europe is a horrible place and I'm greatful my ancestors left that shithole generations ago.
Following the herd is a powerful thing. Just look at how many followed C-19 rules with no evidence of a pandemic size problem.
They are a vassal/client state of the us.( most are too proud to admit it, but let’s face it, actions speak louder than words.)
The corrupt politicians are entirely captured by us money interests and the elites don’t care about the European people or economy. There is a profound sense of superiority and arrogance that contributes to the acceleration of western collapse.
The USA project started in Europe, the cultural differences are just unicorn powder for the gullible and willful ignorants..
Do they have a choice? They are too weak to defend themselves and they have made a lot of enemies in the last 500 years.
One Party is guilty of Overcapacity, while the other party is Guilty of Over-Stupidy.
I remember until 2-3 years ago the buzz word was "subventions"... China is giving tax cuts to their companies, that's why they are producing cheap... somehow, if you look through the budgets of the EU in the last 20 years, every sector of the economy is filled with subventions through tax exemptions, quotas, tax incentives, etc. Now they invented "overcapacity"... next buzzword will be "monopoly" of China of production chains... and by 2030, the EU-NATO-G7 etc will say they need to go to war with China to get back their resources OR as we see now, pay/organize terrorists across the world to attack the BRICS members investing in underdeveloped or developing states.
Overcapacity of stupidity
😂
😂
😂😂😂
The Chinese can easily boycott the European luxury items like LV, Prada, Gucci etc!
Boycott?? China will start their own luxury industry and Italy will be known for knock-offs.
They have already .
Simples you can just buy a knockoff.
Most of those "luxury" European items are, made in China.
@@josue_kaydoesn't matter, Chinese worker are paid with peanuts anyway. Even if LVMH wanna change their manufacturing hub, where would they go? Just wait n see how chinese people teach Europe a lesson. Disrespectful toward your client is far too deadly!!!
Did the EU not see this coming from 10 miles away? What idiots are running economic policies in the EU and how do they still have jobs?
It was planned by von der lying
globalists want to destroy the European economy to take-over power once and for all
they are usa vessels, will do anything to please them
They were counting on the robbing of Russian resources.
Europeans are running the policies, but they will say, ahh Russias fault, China, oh its the migrants fault
EU made its bed years ago. It's time to reap what they've sowed.
Exactly
EU thought they planted grass in their garden, instead they had planted weeds, given to them by their head gardener. Bamboozled yet again...for following like sheep.
My word Sean Foo. I always admire your sense of humor. Now you’re quoting Kamala Harris.
The reality is you can’t beat an over 1 billion-strong market.
An advanced, industrialised educated, highly sophisticated 1.4 billion people market.
Then why are the people printing trillions 😮 about $15 trillion in debt that’s about 100 trillion yuan , you all think brics is a win 😊wait till all trade with west is cut , foreign aid for Asian n African countries worth over $100 billion, who’s paying that China lol China will go bank when it loses western trade , you think usa will allow its puppet countries to trade with brics , we are all going to lose
@@gelinrefira about 53% of global middle class income population....
IMPOSSIBRU!
Or armed forces.
The Chinese will start punishing the countries who voted in favor of the tariffs. The Brandy tariff will hit (not much, yet) France, then other tariffs will hit Italy, Poland, etc.
They'll punish the cowards who abstained as well (e.g., Spain). But France and Italy are the biggest hypocrites, desperately seeking an audience in Beijing to look relevant, only to abuse China months later.
We always do....
China accounted for 12% of Ferrari's total sales.
China is Lamborghini's third-largest market.
@@MetaView7 i prefer hongi
Bottom line is Chinese productivity cannot be matched by Western countries. Chinese market locally is also big enough to neutralize any foreign attempts to curtail Chinese products. At the other end of the spectrum of consumer consumption of low priced household goods which affect the common households, nothing can come close to Chinese made products for quality at bargain prices. Hence the well patronized stores by the common man like Walmart, Dollar Tree, Dollarama etc. will face pressure.
The Defectiveness of "Made in China" can't be overstated, and China might beat everyone in "Productuvity", China products aren't known for "quality", and it certainly aren't superior to "American Made Products", much less everyone else's product!!!
True
miracle of one global market, one with scale destroys everyone else
the same as USA sucking in all global capital into their assets making them only good place to store capital
the elephant in the room is third world consumers, all these consumers will dump every western product due to huge price differencev, its already happening. here in egypt people pivoted to buying chinese brands. eruopean cars are soooo fucked , no body is buying these costly cars
I'm french and I can tell you a secret : we're screwed. 😒
Fully Agree..Macron is an Idi😮t
I think the same. My children have already started to work outside of the EU
what's wrong with europe ?
@@AbuShivaToyib Slave to US
Americans too: Wait'll the dam breaks here.
You really made me laugh with that initial quote. I love your humor.
Kudos
It's just a matter of time that countries begin leaving the EU
Looks like Hungary will be the first out of the door (well, actually second as the UK was technically the first) and with them gone I wonder who von der lyer will target next?
actually it's why they won't
it's internal market keeping EU together
it's not competitive but I can close and survive by itself
except lack of energy sources.. but french have nuclear technology so think they gain when everyone else looses because of higher energy costs haha
Socialism or capitalism or anything else; what matters is Leadership. And Europe has the most incompetent and short sighted in it's modern history.
They blindly follow their master from the other side of the ocean even when it leads them to their own destruction.
I am Belgian..... You know how it is..... They take the orders from Washington..... But what do our leaders care about the people..... They have a very big paycheck..... They don't feel the fall down.
Being led over the cliff by von der lemming.
The story of the Pied Piper comes to mind 😂😂
Well you all rejected Christ's kingdom so all you play the game of the only choice is capitalism or socialism, how blind is that??
They literally take orders from the US that is clearly against their interests.
Excellent as usual Sean
You can't just say we're going to make cars, all US vehicles are absolutely terrible so who will buy them.
Nothing is worse than "Made in China" products, which all "fails," and while living in a "Glass house," you want to criticize others?!? Foh!!!
You are wrong a lot US people buy and like US cars
Very thrue.... And to work on them you need outdated tools with imperial measurements.
Just because you like and buy something doesn't make it any less terrible
US people
China Doesn't Need EU alcohol Get Vodka and Brandy from Russia 😊
Najbolja rakija je iz Srbije
We got lots of brandy in South Africa.
Cape Town South Africa.
🇿🇦🇷🇺🇨🇳🍷🦓
Exactly South Africa is part of the BRICS So goodbye France hello South Africa 👍👍👍👍🇨🇳🇨🇳🇨🇳🇨🇳🇨🇳
@@joseromeudeabreu9999that's true preto 😂
Tequila from Mexico 😂
No matter how n what we in Malaysia Chinese will support our motherland Da great wall of China ❤❤❤❤❤
💖💖💖💖👍👍👍👍🙏🙏🙏🙏👏👏👏👏
Comment by a CIA troll
Speak for yourself
@@Orion-mi4eu It is a sublimal divisive comment by a CIA troll to create internal tension in Malaysia. Do not fall for such tricks
@Trueye-sl2mr you mean China's Interest Action?
Kudos to China. High time now that the EU countries pay their fair share to the economy instead of feeding off of the developing world.
Best said.
This right here....yes 100% true.
they made this developed world
without their tech China would still be a 3rd world country
mentally it still is
Sean, you are right on point with the question: Who will suffer more? There's a physical war of attrition going on and EU is going for economic war of attrition. They are not in a good place to take on China...
As a German Driving a Mercedes with an Apple iPhone in Australia, betrayed by both Gov’ts and the US Gov’t, my mindset has shifted to Huawei for future phones (based on trust and advanced tech) and BYD, NIO, Xiaomi vehicles, same same. I’m over it. Off to China tomorrow to check things out. I’m so over the collective west war mongering sanctioning ways.
You’re not the only looking East, there are many RUclipsrs looking to move to China. Crime in Canada is out of control.
But very careful with what you say and do there cos the western msm will label you as being paid by the Chinese govt to say all the positive things about China.
that's weird
will you also vote for more immigration to punish them? 😂😂
@@Sidekick618 nobody stays himself living in foreign country
it's betrayal of own roots and ancestors
only kids leave instead of fighting for own country
Then close the gates in China. So many chinamen coming into USA.
Each day the drooling lapdogs of the usa, the countries like germany, Britain, japan, poland, france get down on their hands and knees and ask their master "how can we obey you today your highness" 😂
kiss my arsej gently
don't forget s korea and pinoy land too
My daily source of news.
E.U. Auto industry will be gone by 2030
@1:24 You mean they have "exceeded their stupidity"? 🤣
Its worse here, our economy is like a flailing fish, fighting for its life. The normal state of the U.S. economy is actually very bad. Because of this it goes into convulsive spasms fighting to grow any way it can out of desperation. Tricks, gimmicks, rule changes try to stimulate the economy and prevent it from falling but they only bring temporary relief to people since, when you factor in inflation we are declining.
People believe their currency has the worth it does because they have no other option. Even in a hyperinflationary environment, individuals must continue to use their hyperinflationary currency since they likely have minimal access to other currencies or gold/silver coins.
Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.
I do not disagree, there are strategies that could be put in place for solid gains regardless of economy or market condition, but such execution are usually carried out by investment experts or advisors with experience since the 08' crash
I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.!!
If you don't want to crash and burn, you should seek the advice of a fiduciary counselor when you first start out. Fiduciary-counselors have exclusive information and data paths that are not available to the general public. Understanding the direction of my Fiduciary-counselor Tracy Britt Cool Consulting
"...Europe needs to understand what can be, unburdened by what has been..." 🤣🤣🤣 AWESOME!
Well I firmly believe that China has the right to defend itself.
Trump is a joker 😂 portraying US as a victim being treated unfairly by every body when US is the center of unfairness that's happening around the world.
The big orange orangutan is a huge prat..😂😂
when he says America he means Americans
not elite ruling USA
that's big difference
and a mofia,look at all those italian advisers when he was in office mike pompaeo was the ring leader.
How the EU is so stupid?
Nope they knows what they're doing all of eu leaders has dual citizenship in USA
the eu has a habit of shooting itself in both feet
us lapdog
39% and the "merchant of Venice".
Ursula is not the sharpest knife in the kitchen
That's why she was selected
She was dropped on her head at birth😊
dat true only if you assume dat better for europe is her priority.
Nor the brightest light on the Christmas tree!
Ursula follows the ideology of her family history. She is blinded by reality.
All this was the result of extremely "brilliant" decision making by the EU, and the long term capture of the various EU organizations and the rise of the jellies boned politicians in the various states. They and their electorates had to literally earn this ending, so don't cry for the EU
Dey make no decision but orders from useless s a
I wonder what influential group of people responsible for the decline of Europe .
White.
The ones still squatting at middle east.
The axis of anglo-nazi-jhoo
Europeans and Americans.
Europeans...but they try to blame Russia, people in little hats, Chinese, immigrants, anyone but themselves
World domination is over....BRICS was born. 😂😂😂😂😂😂😂
World dominators created Brics
@toddmaek5436 🤣🤣🤣🤣IN THE EYES OF WESTERN COUNTRIES, THEY THOUGHT THESE ARE MERE SLAVES!!!!! UNTIL BRICS STARTED MAKING WAVES, SO HOW DID BULLYING, WARS, SANCTIONS AND RULING WITH IRON FISTS WORK OUT FOR THE U.S????🤔🤔🤔🤔🤔🤔🤔 WITHOUT "SLAVES" RESOURCES, GOLD,OIL DIAMONDS,MINERALS, PRODUCE AND ETC MANY COUNTRIES ARE NOTHING....🤭🤔IMAGINE " MERE SLAVES" MADE POWER HOUSES LIKE THE U.S, UN AND UE SHAKE IN THEIR BOOTS. WELCOME TO THE FUTURE!!!!!🫡🫡🫡🫡🫡🫡WELL DONE BRICS!!!!🤣🤣🤣🤣🤣
Europe goes feed on bugs.
According to my research…Canada has factories producing insects already.
So forget cake? Let them eat grasshoppers?
🤫🚨SILENT DEPRESSION🤫🚨
We followed the US policies in Ukraine and LOST big time. Now we are caught between a mighty China and a selfish US.
We have lost ALL our advantages in manufacturing and competitiveness on the global market. And it started with losing cheap reliable Russian energy.
How our leaders in EU did not see this coming when many of us citizens could?
The EU leaders saw this coming, they chose to ignore the plight of the people. 😊
Because they are confident Russia will collapse because of sanctions... They do this with Iraq, Zimbabwe, Venezuela and many more and all succeed..... And when Russia collapses, This EU Idiot will act as Savior stabilizes Russia with their puppets and stealing all Russian resources for free... Never in their small peas brain the Sanction actually not working but backfire and Russia move to Asia as EU replacement and EU forever losses Russia cheap gas, grain, fertilizer, iron, coal etc that fuel EU economy... I hope the EU will crash and become poor like in middle age... They are types of people/race that when given power will abuse and bully others....
The EU leaders like Scholz were told that Russia would collapse very quickly under sanctions. Basically, they're dunces because it was an obvious RISK that following orders from the U.S. could cause huge economic problems in the EU or even global war. They gambled and lost.
Just watch the EU parlement meeting with Victor Orban.
Because they have money spend for everything and living, so they dont care to their citizens 😅😂, it is your problem if you dont have money, not the politicians problem 😂
11:49
I’d like to add that another reason 🇿🇦’s GDP growth isn’t larger is because the UK corporate class have had their boot on the 🇿🇦 economy for decades.
However, as the UK slides down the economic toilet and their corporate class lose influence, 🇿🇦 economy will start showing the true capacity of the country
How has their policy been the boot on neck??
Sean, your channel has been my go to news on world economy in the past few months now. Thank you!
Aaaa, your first few seconds! You made me laugh man! :D
“This crazy times “ is getting crazier Sean. Thanks for sharing your insightful thoughts Sean. Take care of yourselves.
Between China and EU, who is going to lose more when EU imposes tariffs on Chinese EVs? EV export to EU is only a small portion of Chinese EVs. But brandy and pork sold to China are almost all of EU brandy and pork exports.
We Germans will be very happy, when our farmers can't export pork to China anymore 😆👍
Because, ever since they sold pork to China, the price in Germany for pork went up and up....
It will become cheaper again in the future. For us.
It seems that Trump hasn't learned a goddam thing from the last time.
A total jackass
We shd pray that he gets into the Oval Office. With him at the helm, he will quicken the pace of the decline of the bully Empire. Keep our fingers crossed
He hasn't much of a choice - just take a peek at to whom his children are actually married and the ones buying/financing & hence weaseling most of US politicians into Congress and you'll find they belong to the same tribe - they have the entire US industrial/financial military complex in their pockets😊
Regardless of who gets in office, the same policies are going to be applied, the president is only there to convince the populace that those policies is for their goods. If you need convincing, just look at the present government policies on China, tariffs are being used more and more every days.
He is just playing the same ignorant song he did last time. He started the huge debt crises. He screwed up the pandemic. He did nothing about the unemployment and stock market, since they generally have a 2 yr lag from Obama's policies. He negotiated the pull out date in Afghan which left Biden little notice to leave. He's going to put more tariffs on China were he tells American they won't pay more.... The guy truly does not know what he is doing. So when Vance takes over the WEF Reset Plan will move along quite quickly. By then we will be in such disarray with no energy, no shelter, and no food we will accept anything to improve our situation... But Harris is no better.. Except with her we won't know who is actually running the country.
Sean foo your economic knowledge is the best out there. Everything you say it totally makes sense. I can't wait for your video to watch every day. Thanks👏👏👍
Please don't quote camela, I get very nauseous when I think of her.
Thanks to Ursula.
Cape Town South Africa.
🇿🇦🇷🇺🇨🇳🍷
Germany overcapacity of Mercedes BMW and Audi China should put 100 % tariff on imported any German product 😅😅
Some of the above are already built in China.
China doesn't do an eye for an eye. They are smarter than that. They are going to take on the entire European agriculture industry, probably starting with dairy.... where 3/4 of funds are gov't subsidies. And they will follow United Nations and Europe treaties in doing so.... None of this "Rules based Order" which is not written or clarified.
So how about Tesla and iPhones?
It'll be cripple those companies, particularly Apple cos the majority of their phones are manufactured in China and already they're losing market in China to Huawei.
I'm sure the investors in Apple will be highly amused if that company went down the gurgler.😂😂
As someone who has worked in manufacturing for over 40 years, some in the auto industry, I just laugh at Trump when he starts talking about bringing back the auto industry. There are many reasons most of it has left the USA, much of which he has no clue about.
Yeah. They are having to pass a law to waive the environmental impact study to continue to try and build a chip fab in Arizona. We are way beyond being competitive here.
@@orbitalair2103 I read about this and I don't get it. A chip fab is very fresh water intensive, what a great idea to put it in the middle of one of the dryest places on earth.
dum@@orbitalair2103 dum cluck-its the 55$/ hr wage,in mexico its 3$/hr do the math einstein!
Kamala "The Cackler" Harris will be pleased with Sean using her famous gibberish quote. 😂 😂
*Amazing video, thanks for your steady stream. I'm favoured, $450k Returns the Lord is my saviour in times of my need!!!*
It's Maria Frances Hanlon doing, she's changed my life.
Good day all👍🏻 from Australia 🇦🇺 How do I contact her, please, my portfolio needs growth?? 🙏
That's exactly what I need. Does she address risk management?
Yes, she does. Ms. Maria Frances Hanlon emphasizes the importance of risk management.
It's all about making informed decisions and protecting your capital.
Ouch EU
Was again, Europe is the biggest loser. I never get tired of hearing that!😂😂😂
You can laugh now from across the ocean..... And laugh really good. The US drags Europe down to sinking level.... On the orders from Washington...... But when Europe sinks..... The US is next.
Very sharp and logical analyses.
The numbers for Germany have been revised to negative .2%. As for brandy and wine, the Chinese are all over the Balkans and will find affordable high quality products without the eu bs.
I don't think the EU will walk back on tariffs. They don't know how. Funny thing here in Australia, the gov is also talking about EV tariffs, and we don't have any cars to protect from. It is shown that the order may come from the boss.
What goes around comes around
Love the Gretzky analogy.
Now France has to pay market prices for its West African nuclear fuel.
Oooh brandy tariffs rise, We are all quaking in our boots and who gives a s... about the French anyway, they deserve what they vote for!!
Afternoon J.
To be fair to them (and it hurts me) they didn't vote for who they got.
But then, who does?
Regards
Good job sean foo
Sean u always present such good research / evidence to back up your arguements
Our auto industry is not competitive. Boomer and dollar decay.
The United States is a very rich and beautiful country in terms of natural and human resources and-like China, could theoretically become self-contained and self-sufficient; however that impossibility is not going to happen because the US economy is totally based on foreign exploitation and its government is totally out of control with respect to spending, inefficiency, and mismanagement
Plus we have overcapacity of every discipline except in the STEM fields. Perhaps over-stupidity for lack of better word.
Poke the Dragon, get the Fire.
As a Canadian, i am impressed with the Gretzky reference
"Sorry" to hear that!
Nio is buying Nvidia's chips. What a slap in the face considering that the USA government has waged a chip war against China.
Because Nio is built by US investors money in NYSE.
Bcs nio built by western investor
you mean what a stupid decision, tariff will still be applied on Nio cars, worse, the local Chinese will put nio cars at the bottom of their preferences when they know that nio is a taitor, in fact, look at apple, they were the top brand even during the days before huawei became famous and the underdog, but once apple tried to move production to india, that is a really bad move, like what nio is doing, this signal to the local chinese that apple may screw them and on top of that, after huawei is victimised, the chinese is now looking to buy local and to buy products that is totally chinese, so any stupid chinese companies with western key components will be in trouble, just like the US, they can claim strategic security reason, no nio cars for government or company cars. now that huawei has equal or better chips than nivida, guess what will happen?
@@johntse8655you’re wrong about Nvidia chip, they were at one point in time, now they have their own chip. Probably partnering with Nvidia in China.
@@Sidekick618 ????
REAP IT Eurozone! Lol😊
Who suffers, both but who suffers more flip a coin.
Regarding the astounding increase in Russian pork exports to China, the authorities had better be sure the industrial preparation standards are at the highest levels across the board. Trust is difficult to gain, but easy to lose.
Just wait until they are cold and hungry. They are not prepared for both events.
France. Germany Italy Relying on Printed ( borowed euros) from European Central Bank if Not EU is Bankrupt 😅
I agree with you. Russia and Europe was a marriage made in heaven. Russia has the resources, EU has the manufacturing. They don't need the US or China to survive. To provoke Russia to war was stupid. Now they are paying the price. I thought Europeans were smarter than this. Excellent vid as usual.
I wonder what's going through the heads of top leadership at Ford, GM, Chevy? They be like, "Oh sure, closing all our plants in foreign countries and re-opening them in...Detroit. Easy. No problem." Yeah right.
I don’t know what parallel universe orange bio is living in….U.S. automakers have been closing plants and laying off workers over the last year. But he is speaking to Trumpers, most who are uneducated…so they believe everything he says.
Ha! Ha! The reference to Kamala's vapid slogan was hilarious 😅. Your reports are always very interesting.
Actually, people are HEAVILY burdened, by what has been... ! I hope, China will no longer export rare minerals needet for weaponery to the global west (5 x Anglo + EU) !! While China bought up houses = the result of work and materials, USA bailed out uninsured peoples banking wealth (rightly, if to entrepreneurs, otherwise just widening the wealth gap) - so...
Thanking you
I love the beginning. Hope you referenced Kamala?😂😂😂😂
Love your channel. Always heaps of information about China and global issues. Really appreciate the time you spend gathering up all the information. Thankyou so much.
The EU chief is bringing EU countries to hell.
Europe has had its time. So much hubris, so much arrogance = big downfall!
The solution for those who voted against the levies on China is to leave the EU, just like Brexit. They will survive but not EU. Estonia, France and Italy will go down first. Polish removal will be sad.
100% correct, EU became a 'trojan horse' for europeans.
There is nothing Europe can make that china must have. All Europe produced are all optional items and luxury items, except for one items UAV machine from ASML . All raw materials are from Africa and Middle East. Everything else china can produce itself using the raw materials. Europe has no Ace up its sleeve, only low cards.
Dont forget baby milk
@@jeffreyf6960 old news
Europe, what happened to your "garden" now?!
Things are really getting unburdening now... in kamala's voice 😂
The embargo act was passed almost without debate on December 22, 1807. Jefferson would seriously damage the American economy, striking everyone from farmers who could not sell their surplus cornmeal and flour overseas, to ship owners whose boats now sat idle at anchor, to dockworkers who had no cargo to load and unload, right down to the bartenders at waterfront grog shops who lost their hard-dinking seafaring clientele. The embargo put 30,000 American sailors out of work. THAT WAS 217 YEARS AGO! Free Trade: international trade left to its natural course without tariffs, quotas or other restrictions.
I think China will not attack the German Auto factories in China. There are other fish to fry I'm sure. How about commercial airplanes?
They will phase out all the ICE vehicles, which will also phase out the German cars. The plane will get phase out too because of COMAC.
well, you know, south africa supposedly makes good brandy too.
OK Let's talk about the EU economy LOL What economy companies moved to China and USA. Empty EU 😂😂😂😂😂
True
They ask for it, foolish Government!
China should take Trump's words, applying the recipical tariffs on US cars. That will be the end for the US automotive once and for all
Britain is feeling the heat