Comments by "Aristocles Athenaioi" (@aristoclesathenaioi4939) on "Foreign lenders helping grow the Chinese GDP should worry about the Chinese debt problem" video.

Thanks for a well documented and well reasoned analysis. Your previous videos about how the CCP manages and obscures the economic conditions of the country have made it especially interesting as I read about China trying to establish their electronic RMB as an International exchange currency. Based on the information you have provided in other videos as well as this one demonstrate that another country or any global enterprise should have their head examined if they signed up for the electronic RMB because of the lack of transparency and the control of information by the CCP means that the CCP can inflate the amount of electronic without any awareness by the users of the electronic RMB. However, China can might get their vassal state of Russia to sign up for the electronic RMB especially if the "M" is dropped so that electronic RB could also mean electronic Rouble. Then China and Russia can do all transactions between one another in electronic RB and make it look a real international trade currency eventhough it really is a Potemkin trade currency.
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ROTFLMAO. Any country or global enterprise should have their head examined if they sign up for the electronic RMB. The lack of transparency and the control of information by the CCP means that the CCP can inflate the amount of electronic RMB without any awareness by the users. However, China can might get their vassal state of Russia to sign up for the electronic RMB especially if the "M" is dropped so that electronic RB could also mean electronic Rouble. Then China and Russia can do all transactions between one another in electronic RB and make it look a real international trade currency eventhough it really is a Potemkin trade currency.
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@BoycottChinaa And so does Luxembourg. The Swiss effectively get interest free loans as a result of the deposits in Swiss banks by foreigners. By the way, did you know that Swiss bank account actually have a negative interest rate? You must pay the bank for you to have an account at the bank. Great business model if you can make it work as the Swiss have done.
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It seems to me that any economy operating without debt implies low expectation that the economy will grow. Countries need to take on debt to grow faster. Of course as Lei has pointed out in this video, a country can borrow more than it can pay back over time.
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@MrAdhiSuryana Absolutely correct. That is consistent with the point about companies taking on debt. Needing to take on debt to continue or expand operations, some companies must turn to sources of debt that hurt the company. The fact that companies need to take on debt never implied that they made good choices about where they got the money, and who lent the money. Loan sharks exist because companies need loans, but reputable institutions refuse to lend money to the company because the bank judges the company's ability as poor. Enter stock rating systems like Standard & Poors, who provide the ratings on which banks rely to make decisions about whether a company can service the debt and the bank will get a return on their loan. Stock rating companies make mistakes, but their purpose is clear. A common practice these days is for companies to buy back shares to increase the value of the shares in the market, but the real purpose is to assure compensation for executives whose income depends on stock options and therefore depend in the growth of the value of the company stock. Companies who do this really are not buying back shares because the company believes it will earn more by investing in itself. Stock buy-backs should be used to invest in the income generators, such as new manufacturing facilities, rather than to assure to assure that stock options in the company have value. If the company does depend on retaining specific employee expertise, as some service companies such as consulting companies do them stock buy backs to increase employee compensation and thus retain those employees is a case of investing of the company investing in itself to continue company growth. It may also be a way to launder money through the company as you so rightly indicated in your comment.
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@drumpfdon760 However, such permission is easily obtained because most boards are controlled by the executive management rather than stock holders. I should add that I speak from first hand experience from the time I worked at a very large transnational corporate whose name I know even you would recognize. I was a low level executive and yet stock options made up a significant part of even my compensation. Also my job involved working very closely with the finance organization who confirmed that the main purpose of the stock buybacks was to make sure the options held by the executives continued to retain value. You understand young whipper snapper? BTW I am glad the wumao Management replaced the previous with you because your English is much better. I still don't understand why you use the expression "old kidd" because nobody native speaker uses that expression. Perhaps there is something other expression that you have mixed up
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@drumpfdon760 When people make comments critical of China, you like to ask people if they have ever been the China. So let me ask you. Have you ever spent time "in" a transnational corporation?
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@drumpfdon760 now I know you are full of it.
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@drumpfdon760 I don't know what I don't know, and a vixen is a female fox, and a bachelor is an unmarried man. ROTFLMAO
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@drumpfdon760 you really are silly. Anyone who has spent any time studying logic would have recognized what you did. You are a hoot man, a real knucklehead. Kiddy-boy. Muah ahahaha!!!
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@drumpfdon760 Hahaha!!!
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@drumpfdon760 Gnothi seauton
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