China Is WINNING Big As West Helps With System Transformation | Warwick Powell 

and it is destroying democracy inside usa - so Dollar is causing more destruction for USA itself rather than to the rest of the world. the day dollar stops being world reserve currency, would be the new birth of the USA

Look at who w is controlling the USD and you'll see the true enemy...out ancient enemy...

Absolutely.

Couldn't agree more!!!

It worked until it didn't....

What never ceases to amaze me is the humans ability to don a suit and pretend to be civilised. Meanwhile they still rut like animals in the farmyard. What also happens is that alls fair in love and war. We're like a dual eged sword. The one side prepping fabulous creations in the kitchen a workshops. The other wreaking havoc on the battlefield. The only single thing is the base metals that more or less remains stable. That is until they found extra gold in Johannesburg and oils in saudi Arabia. The empires come and go. There was once upon a time in africa where a tribe had a cattle based empire/ economy. Then overnight a disease called rinderpest wiped out their economy completely.... Their neighbours who just recently weren't even worthy of being spat upon were thrust on to top dog position with their agrarian based economy. Swings and roundabouts. I have been watching america grow for the last 40 years with their seemingly unlimited abundance of natural resources. But after having visted rome 45 years ago and REALLY thought about the decline and decadence of that great empire am now watching the rise of Russia and all it's natural resources. AND they have the lot. Oil gas timber uranium wheat water land iron coal AND human ingenuity. Americas behaviour is just plain spiteful jealousy . Theyll come round to the Italian way. Namely a tourist destination...

Re-forestation, not deforestation.

What the West doesn't seem to comprehend is that China and Russia and many countries in the world don't need wars to become wealthy and prosperous. It's the West that uses wars and sanctions and blackmail to become wealthy. All China has to do is keep being peaceful to the world and not get baited by the West in a war like the United States I pushing for

@@PhiloSurfer Thanks !

By 2030, China will have pulled 1.2 billion of its people out of poverty and into the middle class. The US (and its vassals, commonly referred to as "the west") seem to be heading in the other direction and pushing people into poverty. The huge advantage China has is the state controls all "critical areas" of the economy (e.g. semiconductors). Hyper-financialization and hyper-privatization has underpinned the downfall of the American ("western") civilization.

And Putin was right when he said the West is trying to maintain unipolar hegemony.

Fucking dence with language and consepts.... I got toget back to this.

@@urrywest We don't need your help.

@@Putins_shirt Take it a step at a time... I got to get back to it...

@@Putins_shirt This video kicked right off talking about Westfalian or soverenty... It takes time to integrate that.

But companies inside the West are also joining this massive project. Thus record high investments across third world nations

Poverty is no accident, but man made.😢😢😢 greedy lunatics aux affaires

@@Congomania I am poor because the psychopath has stolen my invention.

Countries that join the BRI benefit THEIR OWN PEOPLE by getting finance and infrastructure from China. The G7 refuse to join the BRI because 1. they are too proud to admit that a. their infrastructure is crumbling b. the Chinese can do anything better, quicker and cheaper than themselves 2. they don’t care about raising the living standards of their own people

if and when the empire collapsed. most of EU will join BRI out of necessity. the collapsed empire will become isolationist by default.

He is very articulate & explains things in simple terms for me to understand.

He was on a podcast a few days ago with a New Zealand guy who lives in China for 10 years, Andy excellent with him

This is the first I've heard him. Will definitely give it another listen.

Yes, he's amazing. How is he not a full professor?

@@JohnTravena he was the former Australian PM Kevin Rudd economic adviser if I am not mistaken.

The tribunal was funded and arranged by the US. And the US is not even a signatory to the UN sea convention! It's just pushing the Philippines as a proxy against China. Has Marco anything to gain by deviating from duterte's neutral policy?

I know what you mean, and I think we are broadly on the same side, but I haven't really heard anyone talk about luck when it comes to China's development. I think for a lot of people (me included), it was inevitable! They were doing things thousands of years ago we consider developed - street lighting, for example. The retracted by choice, and because of that, other parts of the world surpassed them (using a Chinese invention - gunpowder!). It has taken them a couple of centuries, but they are back where they once were. I just wish people would understand that they are not aggressively trying to capture territory. They want to trade, and to be left alone. Some in the West are jealous of their success, and make up BS about them. If we could work together, it would benefit the whole planet.

Industrial military and technical superiority and other bluffs are the ups and downs that china has seen enough of it all over the last 5000 years. Maybe Sun Tze's Art of War may help to provide a clearer picture.

Even Western analysts knew that the West would eventually become hostile to China. I remember seeing interviews around the 2013 time frame amazed at how "patient" and "reserved" the West had been toward China. Some even speculating that maybe there wouldn't be a conflict. Now it seems clear that the West was not being patient and reserved at all. They just weren't paying attention. Finally, Trump and team visited Beijing in 2017. Li Keqiang gave a presentation about the Belt and Road, and China's trajectory became clear. That's when the U.S. freaked and started the new Cold War.

because, so they could feel better or not feel sorry for themselves : it's not like china smart or worked hard or something, china was just lucky

The geography of the US is insanely lucky

In the ruling elite's attempt to have it all they risk losing everything.

What never ceases to amaze me is the humans ability to don a suit and pretend to be civilised. Meanwhile they still rut like animals in the farmyard. What also happens is that alls fair in love and war. We're like a dual eged sword. The one side prepping fabulous creations in the kitchen a workshops. The other wreaking havoc on the battlefield. The only single thing is the base metals that more or less remains stable. That is until they found extra gold in Johannesburg and oils in saudi Arabia. The empires come and go. There was once upon a time in africa where a tribe had a cattle based empire/ economy. Then overnight a disease called rinderpest wiped out their economy completely.... Their neighbours who just recently weren't even worthy of being spat upon were thrust on to top dog position with their agrarian based economy. Swings and roundabouts. I have been watching america grow for the last 40 years with their seemingly unlimited abundance of natural resources. But after having visted rome 45 years ago and REALLY thought about the decline and decadence of that great empire am now watching the rise of Russia and all it's natural resources. AND they have the lot. Oil gas timber uranium wheat water land iron coal AND human ingenuity. Americas behaviour is just plain spiteful jealousy . Theyll come round to the Italian way. Namely a tourist destination...

you're not going to transport tonnes of physical gold each time to settle a cross-border trade. You still need to set up a trusted digital/electronic clearing house to keep national accounts. Once you do that, then why gold specifically? The electronic numeraire/currency can be backed by (fixed to) gold, platinum, lithium, petroleum, whatever. But if you have a truly inviolable system of account keeping (e.g. a blockchain distributed ledger which is not based on trusting one institution/nation to maintain), why does the electronic numeraire/currency need to be backed by anything physical?

Not to be pedantic - but the correct spelling is NUMERAIRE not numeree

How much gold do you have in your basement?😂

Thanks! More to come this week :)

Because the ruling elite have align their destiny and the destiny of Australia with the Anglo American empire. They see it's demise as a direct threat to their privilege, wealth and position even though it is quite the opposite. Therefore they will censure and shadow ban all other alternative narratives to their own narrative.

Anglo Saxons don't see it that way. For them is always a zero sum game.

@@danwelterweight4137lol, white countries in general. Frankly all the robber slaving countries are the same, from mongols to whites.

If I could print money... I would not work.

What do you expect, he is Japanese American. Japanese are always on the wrong side of history.

The RMB is simply chronically undersupplied, not sufficiently elastically supplied to act as a singular "common" reserve currency even among BRICS+ countries.

@@stavroskarageorgis4804 Ah, okay - that's interesting...

Numeraire is an economic term of French origin, which acts as a benchmark in comparing the value of similar products or financial instruments. The word numeraire translates as "money," "coinage," or "face value."

Numeraire

China will be fine.

If you are Indian, I'm quite sure the Chinese could have their whole civilization destroyed and in two weeks have a more organized society then India.

Everything eventually falls apart, there's no way the fastest growing strongest economy crashes "soon" ...especially when leaders are as clever as theirs. Has India decided to pick a side yet?...

india as a country is as young as the evil empire. there won't be a partition if india was a country. this is something for you to chew on.

Guess you are only good in prophesying some forecasts twenty plus years ago by some China experts. And they are wrong today and mb again tomorrow just like U.