Wolf Responds: "The Fog of the New Cold War with China (June 20, 2024) 

If it was excess capacity, that wouldn't be the issue. It is that it is fully utilised in supporting the wars that the US provokes, the illegal invasions and wars of aggression. The US should dial back the millitary aggression, creating excess industrial capacity to produce say electric vehicles, railroads, bridges, infrastructure. Unfortunately the production of overpriced high profit margin consumable war stuff which does not carry any guarantee is a "better business". Most of it only has to "work" for a few seconds before it self-destructs along with killing other humans.

Supported by the huge excess capacity of the USD - rampant printing of the greenback.

add more 2-cent: also the US DOLLAR 😱😱😜😜

​@@richardparker1338 And using taxpayers money to enrich the fat cats of the MIC at that !

Invicible hand of market forces 😂

Me 2 , tired of media lying to us , only RU-vid channels i watch , to gather some of the truth and the untold story 👍🙏💐

You’ve never done business in China nor know much about how they conduct business there.

@@clacicle ...and you have? Pray tell, how do they conduct business.

I don’t understand how Yellen can be do bad. Did she miss all the lectures?

@@clacicleI work with Chinese businesses and they are very professional. No different from any American business.

​@@elianamckee I think Yellen knows that she is doing opposite to the theory of the economics of capitalism, but she has no other choice. She has to do everything including telling lies to maintain the superpower of the United States, by stopping China taking over the industries of manufacturing vehicles, vessels and aircrafts. Though I'm Chinese, though I know what she said is totally wrong, if I were at the same position of her, I will tell the same lie.

The Sickness is the American System. Changing the person or the party occupying the WH will never solve the myriad ills in the USA as the US is a Plutocracy and never a Democracy. The actual power in Washington belongs to the Deep State Global Capitalists aka Mega Financial Donors for Washington's corrupted and self-interest politicians

No, it's not out of control. It is under the control of the donors. The US government works as follows. Get in power > serve the donors> get rich > stay in power > retire to a donor sponsored sinecure The population does not even get considered, they are the idiots to be manipulated by the billions spent on advertising politicians.

as was the previous

This is not even about Nationalism. If it was, it would be wars started (deliberately, secretly) by America to unite the nation however unjust it might be. Like how the good prof. explained, I just hope that the American people would not fall for the lies of the politicians and looked out for the people instead.

Does not mean quality control is best price for quality!

And the Chinese will still build quality products at a low price, whilst the US companies will build lower quality at a much higher price and go out of business. That's capitalism. Either up your game or stand on the sidelines.

South china mourning post made a great video about this i recommend you to check it

Very soon, Americans will be heading south for better jobs than in their own declining country!

The US is the main global exporter of 1. Lies and hypocrisy. 2. Weapons and war. 3. Economic destruction. 4. Sanctions.

Sure. Like a $86k Ford pickup truck lol

i only need to go around town, and i need to be able to move stuff like furniture for friends. i need something like the old 1980 toyota sr5 p/u in electric. no need for anything on the inside of the doors, don't want digital dash. no need for carpet, none of it. the one i have now has no heat and no ac in west texas. not comfortable but it goes. they had a little truck for 2k at one time, the street legal one must be a little more. they do the same thing here tearing down good old houses and gentrifying. there are square miles of hay right outside town. and they tear down nice places i would have loved to have when i was young. usa is all messed up. irredeemable

@@drakekoefoed1642 You have democracy. Couldn't you, the people do anything?

@@adamiskandar5107 Democracy in the US? Effing joke. Only $$$ get counted, not votes.

elon musk started the ev as luxury car because it was funded by us government

Musk DID NOT pioneer EVs They are over 100 years old technology is he that old? I think not.

Nope no thanks

@@TacticalMayo i want one.

Professor Many many Thanks from of all yr Audiance and The World at Large for Telling Us the TRUTH. Cheers from Mauritius 🇲🇺

Good. India deserves a break. By all means let China deal with Africa for a while as the USA helps develop say India and Indonesia, Mexico, Brazil etc

I suggest you pay a visit to China (i presume your are open-minded), and i'm pretty sure your opinion of "no free speech" shall change!

"I totally get discouraging foreign cars to support local manufacturing. " Have you looked at the pure garbage that American manufacturers produce?

Sorry too poor to actually buy a car 🤣😂🤣 Even if what your saying about quality of cars are true, it doesn't really say anything about the value of on-shoring jobs.

And who will fight against the PLA? The Sepoy army of little-D-boi's country? 😂😂😂😂😂😂😂😂😂😂😂

Even if they are not prepared and suffer huge losses and lose the war? You are a true warmonger!

@@adamiskandar5107 what do you think because you tried to tell us all these statistics that's going to intimidate us. Talking about even if you lose 🤣, trust me if we lose everything loses.

The Tonya Harding syndrome.

Sounds like you're no engineer either! Bharat, have you seen the quality of Indian toilets?? No you haven't, cos there aren't any...😂😂

Before you know it, the world would be no longer dominated by the US like before. Pls continue your sleep.

@@adamiskandar5107 enjoy your days of mediocrity

if you truly believe in human spices, not a racist, then Chinese STME students is nothing less than anybody else, and China has 4 times more of them than the US every year. Look at the space program in China, thanks to NASA, China has proven it can manage it without any help from the US. Anyways, if China can only produce low quality goods, just let them sell it to the US, no need to put 100% tariffs, the US car producers can beat them anyway, right? Simple logic, nothing fancy about the truth.

Chinese Evs will dominate... They've spent the last 20 years developing them instead of spitting out gas guzzling vehicles left and right...