Comments by "Thomas Rogers" (@thomasrogers9146) on "US Refines Approach to Asian Markets as China Falters" video.

  1. The chinese told everyone that HOUSING IS FOR LIVING NOT SPECULATION..They told the world they are done with low value added manufacturing and are now focuses on high value added manufacturing like EV and other high value added products. They made it very clear that they are not in the business of bailing out over leveraged western investors.The chinese are saying no to a western style casino economy going from booms to busrst. They choose to pop the real estate bobble to put an end to all SPECULATION in their economy. Growing at 5% a year on an economy based on common prosperity and built on a solid foundation based on manufacturing high value added goods, some domestic consumption and trade. 60% of the chinese people are still living in the rural areas of china. Their goal is not to make western investors rich any more at the expense of their people. Due to speculation real estate became so expensive. average chinese citizens could not afford to buy a home. lifting all of their people out of poverty and common prosperity is the economic system the chinese have chosen not casino speculative capitalism.
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  2. The chinese do not need western investment in this stage of their economic development. 1 trillion a year in trade surplus revenue, 18 trillion in domestic savings and a government debt around 12.5 trillion dollars. WESTERN INVESTORS CAN GO INVEST IN INDIA IF YOU ARE STILL OBSESSED WITH GREED EVERLASTING GROWTH AND DESTRUCTION OF THE ENVIRONMENT. GOOD LUCK WITH INDIA.
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