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Thomas Rogers
Bloomberg Television
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Comments by "Thomas Rogers" (@thomasrogers9146) on "Yale's Stephen Roach Says "Hong Kong Is Over"" video.
1 THE chinese economy is never ever going to be based totally on s service and financialized economy. The new chinese economy is still going to be based on manufacturing, but high value added manufacturing. china Does not need the American market either. Their domestic market alone is 4x the size of the u.s population. Since china is also the world's largest trading partner, the most damage will be to the American economy because we do not have access to global raw materials supply chain,skilled laborer forces infrastructure and no manufacturing base.
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AS AN AMERICAN BUSINESS MAN OUR FAILED SANCTION ON RUSSIA SHOULD GIVE U.S PAUSE.WE NEED TO UNDERSTAND THE WORLD DOES NOT REVOLVE AROUND THE WEST ANY MORE. THE WEST OR AMERICAN COMPANIES LEAVING CHINA WILL BE DETEREMENTAL TO THE REVENUE OF WESTERN FIRMS. WESTERN FIRMS WILL BE REPLACED. THE CHINESE DOMESTIC MARKET IS LARGER THAN THE ENTIRE G7. CHINA HAS 18 TRILLION IN DOMEDTIC SAVING ANF 1 TRILLION A YEAR IN GLOBAL TRADE SURPLUS. THEIR ENTIRE GOVERNMENT DEBT IS 12.5 TRILLION DOLLAR AS THE FOUNDER OF NVIDIA SAID. THERE IS NO REPLACEMENT FOR AND THEIR IS ONLY ONE CHINA.
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To say the chinese are stupid and do not understand economies and marketd shows the west does not understands china. THE CHINESE ECONOMY IS NOT A NUMBERD BASED ECONOMIC MODEL BASED ON THE STOCK MARKET. IT IS BASED ON IMPROVING THE STANDARD OF LIVING FOR THE CHINESE PEOPLE NOT SHEAR HOLDERS.
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The west is pretending that hong kong was this bestisn of democracy and freedom for all the people in hung Kong. Hundred years of racism imperialism and looting hong kongs wealth under British rule. Hong Kong was hell under British rule.THE CHINESE ECONOMIC MODEL IS DIFFERENTLY FROM WESTETN NEO LIBERAL PREDATORY CAPITALISM.
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This clown needs to advice the u.s uk snd Germany how to run their economies. SOLVE HOMELESSNESS AND SOLVE THE RISE OF POVERTY IN THE WEST. THEY ARE SO OBSESSED WITH CHINA THEY CAN CAN NOT EVERY RECOGNIZE THE ECONOMIC HELL IN THE WEST.
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