Comments by "Curious Crow" (@CuriousCrow-mp4cx) on "HOLY SH*T! Has a Financial Crisis Begun in China?!" video.

  1. The US is the cleanest dirty shirt in the global laundry basket. Sharp falls against an appreciating USD put pressure on economies that are stressed because of too much debt along with asset bubbles. The problem is that global economic growth has been stagnant and there's no respite, because almost everyone has debt left over from the pandemic, on top of that accrued from 2008. The world cannot yet repay that, so austerity in all it's guises is causing less consumer spending. With the EU in a technical recession, and US consumers cutting discretionary spending, China will suffer too, as those are it's major customers. And a lot of alternative customers are running facing increase costs of financing trade as their currencies fall relative to the USD. So China is due an official recession from the weakness of its debtors. And Trump hasn't even started his games either. Whilst China of course will robustly defend itself, it doesn't change the fact that consumers are feeling the pinch everywhere. So it's going to be a lean 2025.
    4
  2. Are you sure Chat GPT is correct? Don't rely on any AI product alone. Trust, but verify. Quite a few people have got into trouble relying on AI.
    2