Comments by "M Simon" (@msimon6808) on "Sean Foo" channel.

  1. Yes. And quickly. Decouple from America as soon as possible.
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  2. As an American - I must say this is very good news.
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  3.  @Andrew-rc3vh  The test will be - does the new currency survive the coming depression? That is the true test. BTW - the Americans are waking up to the defects of being the reserve currency. It means a continuous current account deficit. Money is debt in the current system. If you have an American dollar the Americans owe you.
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  4. "They are willing to fight" is what got America out of Vietnam - the Tet Offensive, which Vietnam lost militarily. The same mindset keeps America in Ukraine.
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  5.  @darrylknight2675  You have a Navy that can repel pirates? You might encourage your country to get one. America is dropping out.
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  6. It is occasionally possible to appeal to American values. Freedom of speech say. Russian values require an appeal to Stalin.
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  7. Gold has been killing dollars for a very long time. This time the demise is certain. Possibly.
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  8.  @gelinrefira  The results are obvious. The property sector is holding up well. The expectation is that it will decline no more than 70% to 90%. Management with Chinese Characteristics is always a winner.
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  9. China has an insufficient technology base. China also lacks the commitment to precision.
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  10. The US dollar hegemony ends when the USA stops being the top economy in the world. As the world wide demographic collapse accelerates - except for America - the American decline may take another 100 years.
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  11. China has an excellent future. It is no more corrupt than Russia and just as competent. Better still Russia and China are "unlimited friends".
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  12. Actually it is traditional and counter cyclic.
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  13.  @rockymarcianothe3rd135  Yes. And I'm sorry. This year you can appeal to Stalin's heir, Putin.
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  14. China is very smart to decouple from the US and the rest of the world.. China doesn't need the US. This American says the faster the decoupling from the world the better. A China without customers sounds really good.
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  15. Now compare that to China's position - which is much worse without capital to fall back on. The real question in public economics is - "compared to who?"
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  16. After the huge victories in Kyiv and Kherson is is good Russia is touting a victory on a small section of the total battle front. Things must be going really well for the Russians who have a new commander who will do even better than the last one.
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  17. Coal, Oil, Agriculture, Iron. is all it takes - if the waterways are well located. The US has all 5. Once Lincoln 'united' the nation, following administrations had to be very very bad to mess it up. So far only bad.
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  18. Without oil they go broke. If they buy up all the gold, electronics manufacturing stops. Get to it.
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  19. I just can't live without Chinese Christmas blinking light snowballs. America will be destroyed without them.
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  20.  @privacyhelp  Wait. You can get resources for dollars? Sounds like a pretty good deal.
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  21. It is the usual thing to do in a local war. Cut off all interactions.
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  22. That is not the way money works. Bad money drives out good. People save good money. They spend bad money. That is the tendency. It also makes sense on a personal level.
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  23. A $million is a rounding error in a $4 trillion budget.
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  24. America applauds Sean's efforts. His efforts are helping bring industry back to America. EXCELLENT!!!!
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  25. The Chinese Government LET property values get out of hand because it got a cut. It doesn't get any more corrupt than that.
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  26. They also need people to run the industries. They don't have those either. Much of the world is in demographic collapse. Russia, China, Europe. America is only in decline.
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  27. Do you know what "bad credit risk" means?
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  28. Where is China planning to have its next war? In China.
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  29. Bad money drives out good. A very old economic truism. All that is needed for currency survival - will it last to next week? To next month? Is there enough currency to handle the transactions? Can you buy insurance?
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  30. They want a cut. That is how deals get made.
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  31. They have taken Odessa.
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  32. The ultimate mistake for China, like Russia, is the decision to go to war with the USA/EU. Those two are China's biggest customers. Sanctioning China may destroy the dollar, it will definitely destroy China. Besides - Communism leads to poor decision making. Look at what America gained by having so many Americans not follow official Covid policy. Natural immunity.
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  33. Actual American policy since Trump and doubled down on by Biden is decoupling America from China while Europe is now decoupling from Russia. China wants Taiwan? After America moves semiconductor production out of Taiwan, China can have it. If China can take it. Given the Russian experience with a corrupt military, I'd say that is now off the table as long as American arms are available. Buying back American arms pays back some of the money Americans spend on semiconductors.
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  34.  @L98fiero  There is an acute chip shortage. The bans mean nothing in terms of production, currently. They just determine allocation.
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  35. The problem was a mismatch between assets and liabilities. Not fraud.
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  36. With food in the refrigerator, gas heat, and hot and cold running water.
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  37.  @L98fiero  If you can go light speed, time stops.
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  38. If Russia wants to inflict enough inflationary pain to change the course of the war it should stop producing oil altogether. Outsmart the Americans.
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  39. Lets stop the fear porn and stick with the great Chinese reality. Chinese women don't want children. They want them less than any other nation on earth. China is fine.
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  40. Another scar. The Russian Genocide of Ukraine in the 1930s. The Russians starved to death millions of people - for profit. To pay off bankers.
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  41. I especially like the part where China kills tens of millions of its own citizens.
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  42. Yeah. What if? What if it just prints more money?
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  43. And here we are 15 years later chugging along nicely. While China's property market is in total collapse. The Chinese economy can't support the valuations given to property. Estimates are that the values are about 10 times too high. Never seen it get that bad in the west. Banks wouldn't allow it.
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  44. Redeeming bonds early at par is not much of a bailout.
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  45. Actually the funding comes from the Drug War. Which no one complains about.
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  46.  @fannyalbi9040  And that is aiding the Chinese currency collapse. Well done.
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  47.  @therealdeal2163  Very true. But you don't make much money from poor people. And most of the rich customers are going away. It is your political system. And the demographic and tofu dreg collapse.
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  48.  @therealdeal2163  Japan had a quality control problem and fixed it - forcing America to fix theirs. China is NOT moving up the quality chain.
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  49. He is short on history. The Russian Genocide of Ukraine in the 1930s. The Russians starved to death millions of people - for profit. To pay off bankers.
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  50. Just about everyone uses enriched uranium for reactors. It makes them smaller. The amount of enrichment possible depends on quality control (control of impurities). American carrier reactors only require one refueling in their 40 year carrier lifetime. That is a great deal of enrichment. Enrichment is not a choke point.
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