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China’s Economic Crash Looms: Real Estate, Infrastructure Fail, Debt Exceeds 90% of GDP, Xi Helpless 

China Observer
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According to 2022 data from the International Monetary Fund, China's local government debt had already reached 92 trillion RMB, accounting for 76% of GDP. Economic expert Dr. Cheng Xiaonong wrote in Radio Free Asia on February 27, 2023, that the total debt of China's central and local governments is as high as 110 trillion RMB, equivalent to 91% of GDP, far exceeding the internationally recognized warning line of 60%. Dr. Cheng believes that local governments in China are "unlikely to repay their debts." He warned that if the massive debt problem is not resolved, China will face a comprehensive and extremely severe economic disaster.
Thus, both of China's major investment fields-real estate and infrastructure-are in decline.
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15 июн 2024

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Комментарии : 455   
@idanceforpennies281
@idanceforpennies281 10 дней назад
The only time I see Chinese get angry, emotional and anti-establishment is when they lose money.
@younghokim1994
@younghokim1994 10 дней назад
for real, they're always hysterical about $$
@LEV1ATHYN
@LEV1ATHYN 10 дней назад
Amazing observation. Having one ruling class and a police state? No problem. Being spied on 24/7? No problem. Polluted air and water? No problem. I lost a few bucks? Problem.
@bigchungus2009
@bigchungus2009 10 дней назад
​@LEV1ATHYN A few bucks? I'm not defending the chineese here, but they are losing thousands of dollars here
@sleepinglaffey3886
@sleepinglaffey3886 10 дней назад
5G AI financial expertise
@LEV1ATHYN
@LEV1ATHYN 10 дней назад
@@bigchungus2009 "A few bucks" is a turn of phrase. Money. Sometimes it's a life savings sometimes it's a trivial amount. I saw a video of a Chinese going bonkers because the bus fare was raised a few cents.
@HunterPack2018
@HunterPack2018 10 дней назад
I respect the effort you put into each and every video that you post. Long term investors are in a good position for the final recovery since they know that the market and economy will eventually turn around. I'm doing really well individually, and I'll continue to work hard in this competitive industry. My portfolio is up 43% at the moment. As I progressively add more stocks, I'm going to step back and observe how everything plays out.
@mayhemconductor
@mayhemconductor 10 дней назад
How did you manage to succeed? I want to invest more wisely because I have a lump sum that inflation is slowly depleting.
@HunterPack2018
@HunterPack2018 10 дней назад
I diversified my $50K portfolio across several markets with the help of an investment advisor, and I was able to earn almost $200K in net profit among high dividend yield equities, ETFs, and bonds
@DamariLewis3
@DamariLewis3 10 дней назад
That is impressive! my portfolio has remained stagnate. Who is guiding you please?
@HunterPack2018
@HunterPack2018 10 дней назад
You can simply search her up.
@DamariLewis3
@DamariLewis3 10 дней назад
Thank you for your fantastic tip. I verified her, wrote her, and she seemed proficient.
@LEV1ATHYN
@LEV1ATHYN 10 дней назад
Who are they gonna sell these houses to? Zero immigration, young people unemployed and few people getting married / having kids. Why would anyone buy a house?
@brianboye8025
@brianboye8025 10 дней назад
Investors looking to profit from rising property values. Oh yeah, that was a year ago.
@shanghaiffgg
@shanghaiffgg 10 дней назад
@@brianboye8025no that was 5 years ago
@hendyanthony722
@hendyanthony722 10 дней назад
Exactly 🎉
@SEEMEEGaming
@SEEMEEGaming 10 дней назад
go watch the big short movie u will understand
@shanghaiffgg
@shanghaiffgg 10 дней назад
@@SEEMEEGaming you think what happened in the 2008/09 crisis has anything to do with the current situation in China you know zero about either.
@Chisthebest0
@Chisthebest0 10 дней назад
CCP must hate this channel.
@sleepinglaffey3886
@sleepinglaffey3886 10 дней назад
WOW, EVEN THAT IS A BIT TOO MUCH FOR ME RICK!
@stuartthornton3027
@stuartthornton3027 10 дней назад
Probably, most that watch it hate the CCP
@joexman6194
@joexman6194 10 дней назад
Communism hates the truth !
@Funnydoodoo08
@Funnydoodoo08 9 дней назад
actually it's quite funny 😊
@badshootykat5574
@badshootykat5574 9 дней назад
But CCP cuts-off all outside media but theirs
@Pfsif
@Pfsif 10 дней назад
Dozens of whole cities sit empty, how could Real Estate go down?
@leonard8766
@leonard8766 10 дней назад
This is very bad. Everyone knew the bubble would pop, but no one wanted to get off the money train.
@sleepinglaffey3886
@sleepinglaffey3886 10 дней назад
YOU GOTTA UNDERSTAND CHYNA!
@davidt2956
@davidt2956 10 дней назад
youre so gullible lol, this channel has been saying china crash! for years now and it's doing fine
@basscannonjake1235
@basscannonjake1235 10 дней назад
It’s funny I was walking on a street back in April and next to me was a book store and out of curiosity I decided to look what they had ,What i found almost had me delete myself out of laughter because it was a book literally called : “China the bubble that never pops” and I couldn’t have written a more badly aged title . You just know this was written back when everyone believed in the “China century “ myth meanwhile China will be lucky to avoid a second warlord era .
@DiscoveryMarket
@DiscoveryMarket 10 дней назад
"BIGGER FOOL THEORY"
@sleepinglaffey3886
@sleepinglaffey3886 10 дней назад
@@DiscoveryMarket I LOVE CHINA! CHYNA! ORGAN PEASANTS...! - Little pinks CCP children living in a Vancouver or Sydney condo in the comments
@nglijie5716
@nglijie5716 10 дней назад
Doom is imminent.
@ChineseRatfaceCHANG
@ChineseRatfaceCHANG 10 дней назад
hello
@sleepinglaffey3886
@sleepinglaffey3886 10 дней назад
WOW SO GOOD!
@Funnydoodoo08
@Funnydoodoo08 9 дней назад
only in your country😂
@Firepowered
@Firepowered 6 дней назад
​@@Funnydoodoo08silence wumao
@kateryan9988
@kateryan9988 10 дней назад
Good. Let's all further help the Chinese out by reducing any Made-in-China purchases whenever humanely possible.
@paulietv2162
@paulietv2162 10 дней назад
It's not easy with the big online retailers doing their best to hide where the junk is produced.
@2ry1n
@2ry1n 10 дней назад
I don't buy Chinese brands. But, let's say it's a Sony tv, I'm ok because it's just cheap labor.
@MBB9394
@MBB9394 10 дней назад
Trump seems to be liquidating loads if product.
@paulietv2162
@paulietv2162 10 дней назад
@@MBB9394 I have no idea what you just said
@james9836
@james9836 10 дней назад
And this is why banking on real estate is f****** insane
@Funnydoodoo08
@Funnydoodoo08 9 дней назад
which investment isn't risky?
@270eman
@270eman 4 дня назад
@@Funnydoodoo08 S&P 500 ETFs hahaha. Avg rate of return is around 10% for past 100 years roughly. Whole entire market has to cave to lose it all and if that happens that means you got way bigger issues than fake fiat currency or wealth.
@sleepinglaffey3886
@sleepinglaffey3886 10 дней назад
Patriotism of Winnie PorkPooh - With stimulus and measures, China's debt will be at 400% to 500% of its GDP in the next decade, according to Reuters. -Chinese 🇨🇳 property Ponzi sector, which accounts for 30% of GDP, is crashing -Exports and imports, accounting for 37% GDP, are down. -Foreign investment is falling over 90% compared to it's peak in 2018. -Foreign visitors are down 96% compared to the pre-pandemic level in 2019. -Consumer prices are experiencing hyperstagdeflation. -Youth unemployment hits over 21% (in reality 50%+ after eliminating faked numbers), a record. -It's fast shrinking workforce is 10 years old than neighboring countries. - During the years 1990-2021, the US printed 6.5 time more money while China printed 147 times. - It has printed more money than the US and Japan combined, while it's economy is only half of them. - Current Chinese debt-to-gdp is already highest in the world, at 300%, according to Bloomberg. daughter: lives in US brother: australian green card daughter in law: british green card sister: canadian citizen brother in law: canadian citizen second sister: australian green card second brother in law: australian green card WOW SO GOOD Organ Leeks #sloprosperity #theskydontlie
@paulietv2162
@paulietv2162 10 дней назад
This is all due to ga1n of function and not telling the world what they had done
@garymartin9777
@garymartin9777 10 дней назад
so will US debt to gdp.
@matiashamalainen7965
@matiashamalainen7965 10 дней назад
The oinkler is crashing the market with no survivors.
@sleepinglaffey3886
@sleepinglaffey3886 10 дней назад
@@garymartin9777 If this is some bad attempt at covert shillism. then its a joke. The difference is that at least in the US manufacturing is still functional to some extent, they still do have Intel (Lol). But in Chyna.... Hyper-stagdeflation.... Tang Ping... Plundering by naked officials running off with money.. Oh.. boy.
@wheezysqueezebox7651
@wheezysqueezebox7651 10 дней назад
Do you know where in the US, Winnie the Pooh's daughter lives? Does she have a green card, or is she a citizen?
@ulrichwenzel82
@ulrichwenzel82 10 дней назад
the asian tiger is showing us how its done. we are chinese therefore we can do no wrong. a few basics from commerce 101. dont spend money you do not actually own. rudeness and intransigence have cost them a lot of international business. their bad actions are starting to come home to roost. great news for india, thiland, vietnam and that great free democracy of taiwan. might have to get some chinese currency. it is cheaper than toilet paper. go the paper tiger oops i mean asian tiger...
@sleepinglaffey3886
@sleepinglaffey3886 10 дней назад
5G AI expertise
@AS-np3yq
@AS-np3yq 10 дней назад
Communism does not consider 'supply and demand' as something real. Strange how people do not know that communism is against capitalism and refuses the "capitalist thinking". They think it is invented ideology just like communism. Your "basics" don't get taught in communist countries. They are communists! They do not teach economy and msrket capitalism.
@ywsx6489
@ywsx6489 10 дней назад
ccp is so great. they built 2 houses for each citizen.
@Funnydoodoo08
@Funnydoodoo08 9 дней назад
I own 5 actually.
@homerj806
@homerj806 10 дней назад
Let me guess. Those families trying to unload their homes at deep discounts are selling their second or third home. They are not selling their primary residence.
@brianboye8025
@brianboye8025 10 дней назад
The only positive is that they have never been lived in. Chinese are very reluctant to buy and live in houses that have had other people living in them. It is superstition about bad luck. I would bet those properties are even lower value.
@homerj806
@homerj806 10 дней назад
@@brianboye8025 They will try to buy it cheap and then do that Feug Shui thing to drive away the evil spirits.
@Funnydoodoo08
@Funnydoodoo08 9 дней назад
many families own more than 1 home,this is not the US or Africa where people are homeless.
@tedzehnder961
@tedzehnder961 10 дней назад
People bought second or third houses thinking they would get rich quick.Taking on high mortgages costing more than the houses are worth because of economics 101, Supply and Demand. It`s a painful lesson to learn for those who overlooked the obvious result.Instead of second or third houses they should have invested in gold at the time.Now they are buying gold when it is high, just like they did in the the real estate market for these fortune hunters.A Day Late and a Yuan Short.
@DiscoveryMarket
@DiscoveryMarket 10 дней назад
Maybe they don't have access to data most of the world does. To them, it is normal for house prices to go up only. Many outside China knows how expensive it is there, even comparing it to London or Manhattan. People outside are aware that something similar happened in Japan.
@sinan2.71
@sinan2.71 10 дней назад
Maybe you know people who invest in real estate to get rich. I don't. I don't think the investors are dominant force in real estate in the macro view. Most people were buying homes for their kids. They weren't investments for riches, they were investments for their children.
@Rakhtor
@Rakhtor 10 дней назад
@@sinan2.71 I don't buy that they were investments for their children. There aren't nearly enough children for all the new houses being built. Some higher up politician was saying that there are as many empty buildings as there are people in china.
@DiscoveryMarket
@DiscoveryMarket 10 дней назад
@@Rakhtor True! Even Xi jin Ping had to say something along the lines of ... "houses are to live in, not for speculation" ... Even he is aware of what people are doing.
@AS-np3yq
@AS-np3yq 10 дней назад
Communism does not consider 'supply and demand' as something real. Strange how people do not know that communism is against capitalism and refuses the "capitalist thinking". They think it is invented ideology just like communism.
@HKim0072
@HKim0072 10 дней назад
US housing price drop max’d out at -19%. But, the oversupply of 2.5M homes rapidly went to under supply by 2010-11. CCP China has years and years of oversupply.
@shanghaiffgg
@shanghaiffgg 10 дней назад
The supply will never be absorbed given a collapsing population
@llothar68
@llothar68 10 дней назад
@@shanghaiffgg But what if the building quality collapse faster then the population?
@shanghaiffgg
@shanghaiffgg 10 дней назад
@@llothar68 They already have enough completed stock to house the entire population of China twice. Even if they never build another apartment there will be enormous and ever increasing oversupply.
@HKim0072
@HKim0072 10 дней назад
@@llothar68 Vaporizing hard assets...is not a positive for an economy. That destruction of wealth has real consequences.
@berndkemmereit8252
@berndkemmereit8252 10 дней назад
That's what we call bad luck.....sometimes you win, sometimes you loose. If you don't use your brain...you loose...
@nicholasrockall7308
@nicholasrockall7308 10 дней назад
Greed and corruption, leads to total destruction. They only have themselves to blame.
@kojinmaster
@kojinmaster 4 дня назад
Who? The citizens or goverment?
@nicholasrockall7308
@nicholasrockall7308 4 дня назад
@@kojinmaster both
@kentathvaprdsk
@kentathvaprdsk 10 дней назад
China desperately needs free market capitalism 🤑💲💵🤗💸🗽💱💰🙌
@eugeniovincenzo1621
@eugeniovincenzo1621 10 дней назад
This is karma.
@nicholasrockall7308
@nicholasrockall7308 10 дней назад
As Jesus said 'you reap what you sow'
@ronnieboucherthecrystalcraftsm
@ronnieboucherthecrystalcraftsm 10 дней назад
YES THEY ARE EVIL EMPIRE !
@jdavidblais
@jdavidblais 10 дней назад
@@nicholasrockall7308religion is a cancer as ccp is so ShutTheHellUp !!
@benfowler1134
@benfowler1134 10 дней назад
That is shockingly high for a massively-corrupt developing (sorry, “emerging”) economy which is nowhere near investment-grade
@lance8080
@lance8080 10 дней назад
Rice farming will solve the unemployment problem 🇨🇳
@floxy20
@floxy20 10 дней назад
Yes, former purchasers would be annoyed by the price decrease but the residence could simply be lived in. The problem is that many buyers see real estate as something to flip for a capital gain profit. Will the Chinese ever learn that markets go up AND down?
@dylanthomas12321
@dylanthomas12321 10 дней назад
They have nothing else to invest in. Can't invest abroad. Can't do due diligence it's against the law. No transparency means markets can't work and bubbles run wild. They still have 90 EV companies. State capitalism with heavy subsidies leads to unproductive investments. A communist party running a proto capitalist economy is bound to run into problems.
@joshuawaddell9247
@joshuawaddell9247 10 дней назад
happens in dictatorships.
@testpilot.
@testpilot. 10 дней назад
Usa has 125 precent debt to gdp atm
@joshuawaddell9247
@joshuawaddell9247 10 дней назад
@@testpilot. I'm not in the US
@testpilot.
@testpilot. 10 дней назад
@@joshuawaddell9247 yes but that isn't a dictatorship and it still happens. The root is mismanagement and corruption.
@paulietv2162
@paulietv2162 10 дней назад
@@testpilot. Yeah I guess that's why there are thousands of desperate Americans travelling halfway around the world and queuing up to sneak into China 🤣
@testpilot.
@testpilot. 10 дней назад
@@joshuawaddell9247 usa is not a dictator ship and it still happens. Its about corruption and mismanagement
@ritageraghty3261
@ritageraghty3261 10 дней назад
Those buildings are all tofu dreg projects and they are all UNSAFE with inferior materials. All are collapsible with fake rebars that bend and twist.
@Funnydoodoo08
@Funnydoodoo08 9 дней назад
Clearly educated by youtube videos ,what a shame .
@stormtrooper2170
@stormtrooper2170 10 дней назад
Chinese love to gamble with their money. But when they lose they blame others. Life is full of uncertainty..sometimes you win n sometimes you lose.👈😁😁
@Funnydoodoo08
@Funnydoodoo08 9 дней назад
That's true but when you live in China you don't expect to lose and you're not used to losing .
@nmtl5721
@nmtl5721 10 дней назад
I appreciate the work this lady does in the voice over 👍
@machi74513
@machi74513 10 дней назад
Ah…China, forgot this country exist in this world
@triple_lei
@triple_lei 10 дней назад
It's that country that keeps overfishing in waters that aren't theirs
@Windex314
@Windex314 10 дней назад
How do analysis, newspapers, businesses, and other entities in China even talk about this without being sentenced to death or a life sentence in a labor camp? I thought the ultimate goal of the Chinese government is to have all of its citizens tremble in fear and obey without objections and never ever question the Government even if the entire ship is going down.
@pakipower
@pakipower 10 дней назад
Where is Jack Ma?
@joexman6194
@joexman6194 10 дней назад
Bad actor is unemployed ..and in Japan to find job !
@wheezysqueezebox7651
@wheezysqueezebox7651 10 дней назад
Winnie the Pooh took his money! Stuck his head up to high, and got hammered down!
@SlavTiger
@SlavTiger 2 дня назад
Erased from records
@controllerplayer1720
@controllerplayer1720 10 дней назад
RMB means is Ruining Monetary Bankruptcy
@joernone
@joernone 10 дней назад
Those who lost out in china's real estate market are probably luckier than they realize. In a few years the buildings will likely fall down anyway.
@CatsMeowPaw
@CatsMeowPaw 10 дней назад
It's no secret that China really doesn't like Japan, but they seem to crave following their boom-bust economic model. I hope China doesn't experience three 'lost' decades.
@inthe5261
@inthe5261 10 дней назад
Winnie the pooh with donkey cant handle
@Funnydoodoo08
@Funnydoodoo08 9 дней назад
brainless comment
@RealestateMartha731
@RealestateMartha731 10 дней назад
Don't let Amazon's AMX1WT pass you by. This is a monumental moment in history, and you don't want to be left out of the loop. Get in on the ground floor now!
@jsphfalcon
@jsphfalcon 10 дней назад
too many houses in supply now
@4DDOSED
@4DDOSED 9 дней назад
China aside, I thank y'all for these videos because I can just watch these in the background and still pick some information up because I tune out an awful lot of the videos I watch in the background.
@seminolewind158
@seminolewind158 10 дней назад
As an American, I feel the principle of dominus over these state coddled knaves.
@Funnydoodoo08
@Funnydoodoo08 9 дней назад
what do you identify as ,a unicorn or pot ?
@rubiantary
@rubiantary 10 дней назад
Well, CCP is not a government body. Its a giant real estate company.
@jerryrichardson2799
@jerryrichardson2799 8 дней назад
And this is only the beginning.
@llothar68
@llothar68 10 дней назад
Almost no country has a lower then 90% debt to GDP ratio and surely no developed country. Infrastructure has it's price. USA, UK and Japan are so much worse with government debt.
@srj607able
@srj607able 10 дней назад
Yes , but debt of rich countries have value . That's why China bought a lot of the US debt. While no one is buying up Chinese debt... now you see the problem?
@llothar68
@llothar68 10 дней назад
@@srj607able They already have the infrastructure build. More then enough infrastructure. In fact the USA is so much worth with their 19th century infrastructure of slow trains and a NYC that belongs into museum and not in the hand of the people. Now the only thing we have to see is if they can maintain their infrastructure and if it will be worth it in 20 years (it's planned for 50-100 years, remember the Golden Gate Bridge is still running on it's initial contract of refinance 100 years). If there is a problem they can inflate their currency and get out of this because AFAIK almost all is Renimbi valued debt not foreign once. And if someone complains, well Xi has an army now what you want do? (thats the US way of doing finance) Your thinking is limited to US rules that are favoring the rich. But every rule about economy is man made and can just change.
@srj607able
@srj607able 10 дней назад
@@llothar68 ok, so ? You're agreeing with what said by not bringing any counter arguments. Thanks bud . 谢谢您
@dman221
@dman221 10 дней назад
@@srj607able: The only people that are willing to live in China is Chinese people. That excludes a lot of wealthy foreigners. In America there are so many people from different countries who set up communities. Therefore there more options for the rich to choose. China and other countries that have to rely on its own population to compete with a US Market is insane. Housing there should never became unaffordable. China was like "House Flippers"....investment only through a natural instinct of GREED.
@seekthetruth1478
@seekthetruth1478 9 дней назад
The problem is Chinese households are overburdened with debt. How do you explain this: Comparing the debt burdens between the household sectors of China and the US: If US household sectors were heavily indebted, why are US mortgage rates so high while housing prices continue to rise? If China's household sector had a lighter debt burden, why are China's mortgage rates so low while their housing prices have been declining?
@snakeplissken1754
@snakeplissken1754 10 дней назад
The positive side, their house build quality is so bad they have to rebuild them in probably 20 years or so.
@Funnydoodoo08
@Funnydoodoo08 9 дней назад
70 to 100 year but good try .
@LordsMobile080
@LordsMobile080 10 дней назад
This is communism for ya 😂
@dogefromthefuture
@dogefromthefuture 10 дней назад
Housing is something everyone NEEDS. It's no different than food, water, clean air and energy. We need them all to survive and grow. So, let's be clear, there is no stability for a population, especially a financially vulnerable population, when prices of basic necessities are inflated and unstable. That cost and instability is bad for the younger generation, and it makes them NOT WANT TO HAVE KIDS AND WORK HARD, WHICH IS BAD FOR SOCIETIES' FUTURE. Therefore, it should be every government's PRIMARY goal to not only decrease the cost of basic necessities, but to stabilize their pricing for LONG TERM GROWTH OF SOCIETY. SO WTF then is the American/Californian government doing for instance taxing gasoline at 2$ a gallon?????? America BROKE AWAY from England over a 2% TEA TAX, and now we're paying a 35% energy tax on top of income tax and no one cares!??!?!?!???!?!? INSANE!!!!!!! NOT ONLY THAT, Taxing fuel directly inflates the prices of all the goods that rely on transportation............. So you get fkd in 10 different ways!!!!!!!!! Why does the USA allow rich foreigners, wealthy individuals and hedge funds to BUY UP housing and farm land????!!!!!!!!!!!!!!!!!!!!!!!!!!! Basic necessities of life ARE NOT to be tax sources or investment vehicles with which to enslave the young and the poor and choke the life out of them!!!!!! WTF is wrong with Gavin Newsome???? WTF is wrong with everyone participating in this broken system and destroying the future of millions?????!?!!!!!
@SgtBrutalisk
@SgtBrutalisk 9 дней назад
Wait until you hear how inflation is 100% unnatural. Everything should be getting cheaper because we are all becoming more efficient at producing goods and services.
@user-ur8pi9ob5b
@user-ur8pi9ob5b 10 дней назад
Will the developers get brbe rebates from local official's?
@tonysu8860
@tonysu8860 10 дней назад
Good selection of economic metrics
@yadusolparterre
@yadusolparterre 10 дней назад
How did buyers lose any money? If the price drops after you buy, you still got the deal you signed for.
@AS-np3yq
@AS-np3yq 10 дней назад
The house is not finished and will be not finished
@Funnydoodoo08
@Funnydoodoo08 9 дней назад
The house loses value ,but the video is ridiculous,no one is running to sell their houses that they live in .
@user-vh5di2gl9b
@user-vh5di2gl9b 10 дней назад
Oh! Guess what? Bad investment. I’ve done some dumb things in my life but never something like this!
@karstenalt5601
@karstenalt5601 10 дней назад
Danke!
@marcomalo02
@marcomalo02 10 дней назад
On the bright side, they can wipe their butts with yuan notes since they can't get toilet paper. 😊
@RealLive-4My
@RealLive-4My 10 дней назад
Amazon's AMX1WT doing 200 percent plus on the launch day is really impressive
@Fed-Dog
@Fed-Dog 10 дней назад
Where are all of the Wumao telling us how great the CCP is?
@Funnydoodoo08
@Funnydoodoo08 9 дней назад
I bet you can't name the country you come from coz you know it's a Sh-thole
@situationalawarenes
@situationalawarenes 10 дней назад
If people would buy only houses they needed, then prices would be realistic / low all the way, no bubble. The party tried to fly a plane, without a pilot license. Guess what happened?
@calcrappie8507
@calcrappie8507 10 дней назад
Real estate was holding up the whole show. Crash and burn.
@ngmookleong3415
@ngmookleong3415 10 дней назад
i just came back from a 11 days holiday in a rhird tier city in China . no infrastructure failure . The pedestrain walk is well maintain with ,buses a plenty and ev taxi everywhere .
@srj607able
@srj607able 10 дней назад
Well, that's the same in Europe , Japan, South Korea, Canada, new Zealand, Thailand, Israël, Australia... just saying.
@Funnydoodoo08
@Funnydoodoo08 9 дней назад
lol everything on this channel is 100 percent true ,make sure you believe all of it .
@Keep_calm_and_slave_on
@Keep_calm_and_slave_on 2 дня назад
I’m mad as hell!!! They lied to me
@user-fn3qc6gr6x
@user-fn3qc6gr6x 9 дней назад
Global declination, not only in China.The econ wheel was turning too rapidly to pump the price of global stock market. The same cycle as in the past with USA,Japan, Thailand, Brazil and etc. It s a question of who is the next in the waiting row...😢
@Kratatch
@Kratatch 10 дней назад
Imagine investing in tofu dreg and then losing it all and being surprised. When everyone does it, nobody does it.
@Funnydoodoo08
@Funnydoodoo08 9 дней назад
Imagine being born with a brain like yours .
@LagrangePoint901
@LagrangePoint901 9 дней назад
I think inept is more appropriate than helpless.
@smalfishfung
@smalfishfung 10 дней назад
a little probllem : New home prices in March dropped 2.2% from a year earlier, marking the biggest decline since August 2015, and worse than a 1.4% fall in February, according to Reuters calculations based on National Bureau of Statistics (NBS) data. Prices fell 0.3% month-on-month, matching February's drop.15 Apr 2024
@Funnydoodoo08
@Funnydoodoo08 9 дней назад
but this channel said I can buy a whole house for 3000$ 😂
@vincentnavea6999
@vincentnavea6999 10 дней назад
i hope this affects the budget of ccp military too.
@Stephen-cr3sc
@Stephen-cr3sc 10 дней назад
The math is simple. 20%/80% --- 20% to the Government, 80% to the economy/people. The CCP demands 80%, leaving the economy/people 20%. Rule of thumb --- Government/Public Employees are a liability, non-producers. You need 4 producers to support one non-producer. In China, one producer must support 4 non-producers. All the creative number juggling in the world won't make a dead horse pull a cart.
@thedot66
@thedot66 7 дней назад
the US wishes it only had a debt/GDP of 90%
@echabbewal
@echabbewal 6 дней назад
lol. Japan have 220 percent debt to gdp. 90 percent is low. What a foolish headline
@RicksCafeAmericana
@RicksCafeAmericana 9 дней назад
Over supply. Opposite of USA at least for Single Family Homes.
@susannayeu4471
@susannayeu4471 10 дней назад
Sometimes those who buy apartments at this time have themselves to blame. They still believe real estate will go up and they can make a profit. Keep dreaming!.
@user-es4rm4ts5t
@user-es4rm4ts5t 10 дней назад
Rmb?
@DiscoveryMarket
@DiscoveryMarket 10 дней назад
renmenbi? (Chinese currency, aka Chinese Yuan)
@4dognight192
@4dognight192 10 дней назад
People in the USA would LOVE to see $15 a square foot on the purchase price.
@Funnydoodoo08
@Funnydoodoo08 9 дней назад
lol people in the US only care about Biden and McDonald's
@alyx3135
@alyx3135 10 дней назад
Any chinese here? Is the translation correct? I noticed that they blurred out text
@Funnydoodoo08
@Funnydoodoo08 9 дней назад
Most of the voices are AI ,dubbed over the wrong translation. The videos they used isn't even for the reasons they say it is .
@SgtBrutalisk
@SgtBrutalisk 9 дней назад
I translated the tweet at 9:48 using Bixby and the translation in the video is correct.
@hiltonwatkins6750
@hiltonwatkins6750 7 дней назад
Deep trouble for the country…
@htee7426
@htee7426 9 дней назад
The Chinese are going to have to learn that they should buy one home and live in it. They are so naive about money etc etc and are clearly on a steep learning curve now.
@TemaAhmed-dd5wm
@TemaAhmed-dd5wm 10 дней назад
You should buy ETH and Amazon's AMX1WT if you care about your future
@SlavTiger
@SlavTiger 2 дня назад
Nah nvidia and microchip technology
@lingfengge6666
@lingfengge6666 10 дней назад
It's good to see the housing prices drop. They'll continue to drop. It's good for future buyers.
@Funnydoodoo08
@Funnydoodoo08 9 дней назад
true ,we can buy more
@angelastewart9497
@angelastewart9497 10 дней назад
section 8 sucks im a women i put in for it when my child was 2 months old they called me when she turned 30 years old. At that time i owned my own house.people dont waste your time on that .unless you go to apartments that have their own section 8 then you might get in faster.
@coolemperor8257
@coolemperor8257 10 дней назад
China has about 2-3 years left
@Funnydoodoo08
@Funnydoodoo08 9 дней назад
lol so does your brain
@KENKENNIFF
@KENKENNIFF 10 дней назад
If someone sells you a can of soda for £1000 (on the promise that a bigger mug will buy it for £20,000 in 10 years) please do not complain when the price falls back to £2.
@hendyanthony722
@hendyanthony722 10 дней назад
Surprisingly the economy is still developing, last month I was in Shanghai and when I went to a restaurant for dinner I had to queue. Zhongshan Road is also congested, even to the Shanghai Starbucks Reserve, there are no seats? Is it because there is NO SUB PRIME MORGATE? OR THERE IS OTHER PHENOMENON ?? 😅😅
@paulietv2162
@paulietv2162 10 дней назад
Yeah, those are not good economic indicators
@seekthetruth1478
@seekthetruth1478 9 дней назад
The problem is Chinese households are overburdened with debt. How do you explain this: Comparing the debt burdens between the household sectors of China and the US: If US household sectors were heavily indebted, why are US mortgage rates so high while housing prices continue to rise? If China's household sector had a lighter debt burden, why are China's mortgage rates so low while their housing prices have been declining?
@paulietv2162
@paulietv2162 9 дней назад
@@seekthetruth1478 You are comparing apples with oranges. China is a centrally-managed totalitarian country run by Communists whereas USA has a relatively free market based on Capitalist principles.
@toddabbott781
@toddabbott781 10 дней назад
The US is not doing so hot there either, but the US banks have far more money, the currency is MUCH stronger, the US does not rely so had on only a few markets, and the local governments are not so in debt. China has none of this and their economy has been hit pretty hard and getting worse.
@richardwang9315
@richardwang9315 10 дней назад
Upcoming End of the (Sado Masochistic) Belt and -Road- ROD 🤣🤣🤣🤣
@shirkedance
@shirkedance 9 дней назад
CCP is the only longest lasting product, which delivered and promised what they advertise and commitment.
@haianh3936
@haianh3936 10 дней назад
Thank you buddy
@TruthnFreedom
@TruthnFreedom 8 дней назад
🎉🎉🎉
@MA_KA_PA_TIE
@MA_KA_PA_TIE 10 дней назад
None of these whining people lost money. They only lose money if they sell now. They paid the chump price and not the market price.
@user-xn2gr8me2u
@user-xn2gr8me2u 10 дней назад
If they're keeping it until someone buy it with the high price, doesn't it explain the empty building phenomena??
@DiscoveryMarket
@DiscoveryMarket 10 дней назад
Hahaha Just imagine buying something before Black Friday Sale, then cry and complain about it during Black Friday. LOL
@MonBilly78
@MonBilly78 5 дней назад
The asian tiger is more like a cat now
@nokia5359
@nokia5359 10 дней назад
Dude 90% gdp is nothing. From US treasury report we passed 100% wayback in 2013. Yup 10+ years ago. Who know what it is now.
@AS-np3yq
@AS-np3yq 10 дней назад
USA has the Dollar
@ba-gg6jo
@ba-gg6jo 10 дней назад
The United Kingdom is hovering on 97.7% at the moment and is predicted to reach 110.8% in 2029. All good fun.
@saintxbarbie
@saintxbarbie 10 дней назад
Can you please do a video about CHENG LI the australian joirnalist who was a prisoner in china for several years theb deported. Shes a part of australian oress and ccp members just tried to form a human wall around to block her from the camera when the premier visited
@pauljensen7106
@pauljensen7106 9 дней назад
Debt to GDP is not a good measure. USA's is 110% which is higher than China's. It is more a countries ability to service its debt.
@seekthetruth1478
@seekthetruth1478 9 дней назад
China and the US both have debt issues. What matters is Total Debt Leverage of the Real Economy. The bottom line is that whichever can manage their debt, and thus impact on their real economy, better will have the economic edge. From what I have been witnessing, China is lacking in this area.
@jimmyTimtam
@jimmyTimtam 10 дней назад
this will only get worse for china. Working population is set for massive decrease over the next decade due to the 1 child policy in addition to many people no long having kids. This will have a huge effect on their GDP. As many countries are now pulling manufacturing out of china this will also have a huge effect on their GDP and their debt will only keep increasing and wont be reversible. We are witnessing Chinas rapid collapse in realtime.
@antoniomantilla7080
@antoniomantilla7080 10 дней назад
CUANDO LA ENVIDIA LO LLEVAN EN LA VENAS
@robertofrancisco4872
@robertofrancisco4872 10 дней назад
These are one of the reason why China wants to build muscles against thier neighbors when it come to tereitory
@jqwoo
@jqwoo 10 дней назад
500K price = 100K real value + 400K Corruption kickbacks. How can these Chinese demands Property development to return their investment when the price drop? Would they pay more when the price went up a few years ago? Naive and unreasonable! Viola.
@juliandustobing5951
@juliandustobing5951 8 дней назад
Wow what a lost to 40 cent to a $
@joseevsngelista6342
@joseevsngelista6342 10 дней назад
It’s Mr. Xi Fault
@wickedamv2636
@wickedamv2636 9 дней назад
Is not this is 2 year old news ?
@controllerplayer1720
@controllerplayer1720 10 дней назад
RMB Rigid Monetary Blow-up
@Funnydoodoo08
@Funnydoodoo08 9 дней назад
You - brainless
@victordeocampo6862
@victordeocampo6862 8 дней назад
You REAP what you SOW..so to speak.. 🙄
@liowyew
@liowyew 10 дней назад
You still trust data from China?
@Jaysqualityparts
@Jaysqualityparts 10 дней назад
Jeff take zee pills Jeff
@user-wr5yl3jf9j
@user-wr5yl3jf9j 10 дней назад
I'm trading Amazon's AMX1WT, SOL and ADA both picked up the last 24 hours.
@Limewire1984
@Limewire1984 10 дней назад
This reminds me of "crypto bros." They gambled, and they lost.
@cloudstrike4067
@cloudstrike4067 10 дней назад
To cover the GDP from Real Estate wont be easy when Real Estate are declined.. more than 30% China GDP is from Real Estate sector.. losing the real estate estate will cutting China economy by a big margin.. 😂😂😂
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