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Straight2Dpoint
Rise of Asia
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Comments by "Straight2Dpoint" (@4evertrue830) on "Rise of Asia" channel.
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He forgot to mention the fourth reason for NAT0 expansion. It is to keep the MIC corporations engaged with manufacturing more weapons to make money for their shareholders. šš š
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āĀ @JustJamesDeanĀ If all chinese made products are a joke as you say, why did Trump start a trade war with China during his first term as president in 2016? Would that have been necessary?
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Ā @yellowbird1170Ā No, you have zero idea how different banking is in China. You assume, western banking system is the best and ultimate banking system in the world. You're so wrong.
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Ā @JustJamesDeanĀ Your answer is just laughable..lol š¤£š¤£š¤£š¤š
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Simple. Much of America's debt are privately owned to the Fed. The Fed, is a privately owned and funded cCentral Bank. Not so in China. š
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Ā @KarlEmanuel-f4lĀ In China, it is illegal for a group of people to own banks like in the west. Rich wealthy billionaires cannot set up or, own banks. All banks are state owned, both at the federal and state. However, licences can be given to select individuals to set up finance houses/stock brokerages/hedge fund firms to engage in the above areas of money management on behalf of their clients. This change took place in the mid 2000s to help bring out needed supply of money in the savings accounts of chinese people, to circulate into the economy. The people of China have a strong saving culture and are naturally adverse to investing their hard earned money into any type of investment portfolio that they don't know much about, just like that.
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Ā @2livenoobĀ You're right but, only if your credit card debt is owed to the state and not a private bank. Property estate debt is always owed to bankers in the US.
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