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Vale Tudo
Bloomberg Originals
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Comments by "Vale Tudo" (@valetudo1569) on "Bloomberg Originals" channel.
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Yeah, your off. All GDP is not created equal... while it's usually a measure of output for most economies, it's an input for China. The government sets targets and then uses debt to spend on as much as it needs to reach that growth target. So it isn't actually growing on it's own, they are forcing the numbers up to an insane degree just to keep things afloat. Now, a lot of governments use debt to boost their economy. The problem is with the way China does it - they spend the money on the supply-side, not the demand side. To put it simply - much of the growth from that GDP doesn't go to the people. It goes to unproductive assets and oversupply of goods. The people aren't feeling hardly any of that 5-6% you speak of, but it allows people to go on youtube and say "Look! It's growing at 5-6%!"...while much of the country suffers.
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Lol you think you're so clever with your disingenuous comparison
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@28gire-jp1tw Lol oh wow my feelings are so hurt
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@randommedia3441 They'll never get close to 7% again...
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@happymelon7129 Lol untrue. Nothing significant will change from the downgrading. There is a debt problem in the US, but China's debt to GDP (the actual metric that matters) is 2-2.5x as bad. China's debt problems are far worse than even the US
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China rails against US hegemony when China itself seeks hegemony. It's envy and jealousy at its finest
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@s._3560 Lol and how does China and Chinese feel about Africans coming to their country? China is probably the most racist against dark skinned people...stop it. As an American of black/white heritage... I've always been welcomed in my home country. I cannot say the same for my black brothers and sisters I've met in China.
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Ofcourse the top comments are WuMao disguising themselves and trying to deflect and redirect from China's woes.... Every video lately that is negative about China has them in the last few months.
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Lol it is absolutely not true in the US... quite the opposite - hence the massive inflation problem and historically low unemployment. Knock it off, Wumao...
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@TheKkpop1 The same arguments pro CCP people make all over the place. China has printed more money and inflated their money supply than the EU and US combined...so, no. And the difference between their "articial growth" and China's is that when they spend - most of that money goes to the demand side, not the supply side. That means that much more of that money spent goes into peoples pockets and not into ghost cities or more high-speed rails that aren't needed and lose money.
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Lol okay, guy. Keep telling yourself that conspiracy nonsense... @happymelon7129
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@happymelon7129 I'm pretty sure I have seen the exact same comment copied and pasted on other videos about China over the last few months, which leads me to believe you're a paid WuMao or a bot. Quoting nonsense articles/youtube videos from the past many years is meaningless. By that token, you can find 1000x saying how the US would've been collapsed by now. If you told a room of investors in 1994 that Japan wouldn't grow for the next 30 years - you would've been laughed out of the room. Kind of reminds me of the Pro CCP folks who tout China's past as reason for its future.
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@phillip76 Lol okay, you obviously have no idea what you're talking about
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