Comments by "D W" (@DW-op7ly) on "CNBC International Live" channel.

  1. Time to buy when a stock is down
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  2. Yet you are typing on a Chinese made gadget
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  3. In China in 2008 around 70% of the people in their real estate markets were buying their 1st homes in their cities By 2018 around 70% of the people in their real estate markets were buying their 2nd and 3rd homes in their cities That’s why you are hearing about problems with their property developers these days. Because back in 2010? Their Central Government started cutting of money flow to these developers. Thus why you heard about Shadow Banks and Underground Economy back then, that their Government had to come into to shutdown or regulate. Even then, It took them almost 14 years to get their overheated real estate under control Heck they were about to introduce a nation wide property tax, but then trump started the trade war in 2018 Why is their Central Government doing this? Because there are still a few hundred million poorer rural folk they still expect to move to the cities to join their more well off urban city folk countrymen. Problem is these property developers were building higher end homes, and not building the affordable homes these rural migrants will need In China Owning a home in the city you migrate to? Affects your employment, health, education and even marriage prospects don’t have a house you don’t get married Thus the common prosperity push and the crackdown on the overt displays of wealth in China Their Government probably figured out you disenfranchise the people at the bottom of your society they are the ones most likely to act out in protest Would India do the same with its untouchables???????
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  4. The USA got Japan to increase the value of their Yen with the Plaza accord destroying their export industry within 2 years Although many American economists will tell you doing that had little to do with Japan’s lost decades
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  5. Chinese debt is internal debt which can be swept under the table they have little external Sovereign debt Take the time to learn the differences between the 2 types of debt
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  6. Why do you Americans always say the same thing My reply is their debt is mostly internal debt You will reply debt is debt I will reply there is a big difference between internal debt and external debt 👇 Difference Between Internal Debt and External Debt! The basic character of an internal debt is quite different from that of the external debt. In external debt, at the time of repayment there is a real transfer of resources. In case of internal debt, however, since it is borrowed from individuals and institutions within the country repayment will constitute only a re-distribution of resources without causing any change in the total resources of the community. There can, thus, be no direct money burden caused by internal debts since all payments cancel each other out in the aggregate community as a whole. Whatever is taxed from one section of the community servicing the debts is distributed among the bond-holders by way of repayment of loans and interest; and quite often, the tax-payer and the bond-holder may be the same person. At the most, to the extent that the incomes of tax-payers (in a sense, debtors) are reduced, so will the incomes of creditors/ bond-holders increase, but the aggregate position of the community will, nevertheless, remain the same. However, internal debt may involve a direct real burden on the community according to the nature of the series of transfer of incomes from tax payers to the public creditors. To the extent the tax-payers and the bond-holders are the same, the distribution of wealth will remain unaltered; hence there will not be any net real burden on the community. Yourarticlelibrary
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  7. China population isn’t expected to decline until 2050 And their automation is already 12 times that if the USA
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  8. And some deodorant
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  9. Chinese debt is mostly internal debt They have very little external debt If internal debt mattered you would hear a 300 trillion debt for the USA (500 trillion if you included the nominal value of derivatives bets) instead of the USA being 34 trillion in debt
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  10. India with a younger workforce A larger workforce And lower wages Is averaging 90 to 100 billion dollar trade deficit each year, with China since 2022 👇 India's trade deficit with China stood at $101.02 billion, surging past the $100 billion mark for the first time. TheWire
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  11. South Korea has a trade deficit with China because they listened to their American masters Thinking China who is now leading in 37 of 44 critical technologies of the future Would not be able to innovate when it came to semiconductors Let’s cut off chips and chip making equipment and force them to innovate The smarter thing to do would have been to lower prices and dump chips on China Instead they went from virtually no chip making ability/foudaries to being at par with the rest of the world and behind Taiwan with the most advanced chips all within 6 years And looking to taking over the legacy market for chips in the future
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  12. Come on when Chinese Real Estate was over heated they had bank reserve ratios climb up to 18.5 % That was like tapping on the breaks. These days a rate cut. Would be just like taking the foot off the breaks If they really wanted to they could throw 500 billion at the economy and have yet another 16 years of overheated markets. But everyone knows they want to cool the markets
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  13. Nice story India with a younger workforce, larger workforce, and lower wages Had a 90 billion to 100 billion dollar trade deficit every year with China Even the latest Slowdown in the Chinese economy is because their Government is cracking down on speculative real estate investments Where many Chinese would be buying their 4th and 5th homes right about now When a few hundred less off rural folks are still expected to move to the cities and will need affordable homes Would India do that for its untouchables?????
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  14. The USA got Japan to increase the value of their Yen with the Plaza accord destroying their export industry within 2 years Although many American economists will tell you doing that had little to do with Japan’s lost decades With their export markets wiped out and a overpriced Yen they went shopping
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  15. More like headline grabbing
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  16. 30 million cars are sold in China every year Of that 10 million will be EV sales this year. A jump up from 8 million EVs sold last year. That still leaves 20 million ICE vehicles sold in China many of them manufactured by these legacy automakers from the EU and America
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  17. In China in 2008 around 70% of the people in their real estate markets were buying their 1st homes in their cities By 2018 around 70% of the people in their real estate markets were buying their 2nd and 3rd homes in their cities That’s why you are hearing about problems with their property developers these days. Because back in 2010? Their Central Government started cutting of money flow to these developers. Thus why you heard about Shadow Banks and Underground Economy back then, that their Government had to come into to shutdown or regulate. Even then, It took them almost 14 years to get their overheated real estate under control Heck they were about to introduce a nation wide property tax, but then trump started the trade war in 2018 Why is their Central Government doing this? Because there are still a few hundred million poorer rural folk they still expect to move to the cities to join their more well off urban city folk countrymen. Problem is these property developers were building higher end homes, and not building the affordable homes these rural migrants will need In China Owning a home in the city you migrate to? Affects your employment, health, education and even marriage prospects don’t have a house you don’t get married Thus the common prosperity push and the crackdown on the overt displays of wealth in China Their Government probably figured out you disenfranchise the people at the bottom of your society they are the ones most likely to act out in protest
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  18. @bobdoe38 Chinese have facial recognition for buying a metro ticket or even buying a soda from a vending machine They even have some stores where you are scanned biometric/facially and the items are charged on your account as you leave the store bypassing the need for a checkout counter We are getting to the point we have to ask some teenager to unlock a toothpaste cabinet to buy toothpaste Or we are too afraid to shutdown stores or be called racist to a certain demographic Because folks walk into those stores take items and then bypass the checkout counters as well 🙄 In the USA you have the freedom to vote for 1 of the candidates from 2 political parties who are chosen for you ahead of time But that is freedom
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  19. Could happen if they get rid of their caste system This current slowdown was intentional as there is 300 million Chinese still expected to move to the cities where they will be in need of affordable homes If India were start to do the same with it’s untouchables Then I would believe
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  20. That’s if complaining Indians could put up with the low pay and horrible working conditions It’s not like India was kept from doing what China is doing I remember back in the 1980s western Companies were going to India because of the lower wages trying to do the same formula there
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  21.  @Who-lg9my  It reports that around 80% of the global PV manufacturing industry is currently concentrated in China, while India and the United States each hold a 5% share. Europe accounts for a mere 1% PV Magazine
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  22. More like deflate the bubble. Instead of having it pop on you
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  23. Obviously those mom and pop investors care Most Chinese do not invest in stocks Most Chinese view the stock market as a casino The Chinese stock market is run not by market makers but retail investors And most Chinese stock investors are unsophisticated investors 👇 Why China’s stock market bubble was always bound to burst July 16, 2015 After languishing for the past four years, these two Chinese stock markets suddenly took off last summer, becoming a cauldron of voracious buying, selling and spectacular profit-taking. Shares of newly listed companies soared thousands of percentage points within months of their initial public offerings, driven upward by a new and growing cadre of relatively unsophisticated private investors that included tens of millions of ordinary workers, farmers, housewives and pensioners. According to one widely cited survey of these new investors, 67% of them have less than a high-school education. USC . EDU
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  24. ⁠ @nulnoh219  30 million cars are sold in China every year Of that 10 million will be EV sales this year. A jump up from 8 million EVs sold last year. That still leaves 20 million ICE vehicles sold in China many of them manufactured by these legacy automakers from the EU and America
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  25. Anericans probably can’t make a distinction between the two types of debt because the US Government/US FED has had no problems taking internal Agency Debt which is private Debt and not back by the US Government and then turning into External Sovereign Debt Since we know from 2017 to Q3 of 2019 the FEDs bright idea was to allow 50 to 60 billion of the Agency Debt and US Treasury Debt it soaped up during QE to slowly mature each month, off the FEDs balance sheet. Where the US Treasury would issue new corresponding debt for the public to buy. It ended during Q3 of 2019 Because that selling ended up freezing up the repo market Just like when it happened in 2008/2009 during the subprime crisis Thus the FED balance sheet went from 4.5 trillion to about 3.8 trillion. Last I checked its was back over 8 trillion. As the US FED had to buy back US Treasury Debt 👇 As politicians call for taxpayer bailouts and a government takeover of troubled mortgage lenders Freddie Mac and Fannie Mae, FreedomWorks would like to point out that a bailout is a transfer of possibly hundreds of billions of U.S. tax dollars to sophisticated investors and governments overseas. The top five foreign holders of Freddie and Fannie long-term debt are China, Japan, the Cayman Islands, Luxembourg, and Belgium. In total foreign investors hold over $1.3 trillion in these agency bonds, according to the U.S. Treasury’s most recent “Report on Foreign Portfolio Holdings of U.S. Securities.” FreedomWorks President Matt Kibbe commented, “The prospectus for every GSE bond clearly states that it is not backed by the United States government. That’s why investors holding agency bonds already receive a significant risk premium over Treasuries.” “A bailout at this stage would be the worst possible outcome for American taxpayers and mortgage holders, who have been paying a risk premium to these foreign investors. It would change the rules of the game retroactively and would directly subsidize the risks taken by sophisticated foreign investors.” “A bailout of GSE bondholders would be perhaps the greatest taxpayer rip-off in American history. It is bad economics and you can be sure it is terrible politics.” FreedomWorks
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  26. Please Biden just continued trumps policies... As for Argentina 👇 Argentina used Chinese yuan for part of its payment to the IMF as US dollars remain scarce Filip De Mott Nov 2, 2023, 12:34 PM GMT-7 BI
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  27. Milei’s Austerity Is Devastating Argentina Shock therapy is pushing more people into poverty. FP
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  28. India with a younger workforce A larger workforce And lower wages Is averaging 90 to 100 billion dollar trade deficit each year, with China since 2022 👇 India's trade deficit with China stood at $101.02 billion, surging past the $100 billion mark for the first time. TheWire
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  29. China Increases Banks’ Reserve Ratios to Cool Prices By Bloomberg News December 10, 2010 at 4:08 AM PST 👇 China raises banks' reserve ratios again Reuters December 10, 20104:27 AM PSTUpdated 13 years ago Dec 10, 2010 — The 50 basis point increase, which takes effect on Dec 20, will leave required reserve ratios at 18.5 percent
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  30. 90% of Chinese families own a home in China If the the Chinese emperor kid does not take care of their Senior parents the have their nest egg of a home they can reverse mortgage But then the older Chinese have been big savers saving 30% of their slave like wages since the 1970s Yeah not as much money as we make in the west But enough to be indirectly loaning us those savings over the decades This is not unlike in the west where we have our own demographic nightmares But where we lived overindulged lifestyles on borrowed money in debt or broke Where Chinese debt is mostly internal and put in their Local Governments or corporations Our internal debts are also substantial but we are sitting on External Sovereign debts we can’t pay off and need to borrow against to keep our Ponzi scheme going Their Government is purposely deflating their overheated markets. We just wait for a crash Plus like I always say to Americans who feel it’s okay for the US population to decrease Yeah you could close off the country…. but then you have this huge external debt load That no AI robot, will pay off as it won’t pay income tax, spend money for food clothes etc etc etc
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  31. Tibet has been considered part of China since the 12th century There is a big difference between land and border disputes Vs sailing halfway across the world to colonize another
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  32.  @frieren1011  I don’t expect Filipinos to understand this but others reading should understand the tribunal rightly quashed Chinas 9 dash line claim Because no one accepts it except Taiwan and China But like I said they did not rule on ownership Citing no one maintained continuous control over those disputed/islands and reefs Thus all the countries with disputed island/eeef/water claims have dug into the islands/reefs/waters they claim including you Filipinos 👇 In July 2016, an arbitration tribunal constituted under Annex VII of the United Nations Convention on the Law of the Sea (UNCLOS) ruled against the PRC's maritime claims in the South China Sea Arbitration.[14] The tribunal did not rule on the ownership of the islands or delimit maritime boundaries. Wikipedia
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  33. Just US Multinationals alone in China made 392 billion in 2018
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  34. Well they are your typical investors who think their investments should only go up in value
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  35. Btw where are you from Canada or the USA? 👇 The End of Homeownership For generations, middle-class Canadians have been sold on the promise of homeownership. The promise was always flawed. Today it’s simply broken. Maclean’s
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  36. India with a younger workforce A larger workforce And lower wages Is averaging 90 to 100 billion dollar trade deficit each year, with China since 2022 👇 India's trade deficit with China stood at $101.02 billion, surging past the $100 billion mark for the first time. TheWire
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  37. Plus using GDP is a horrible metric “GDP's inventor Simon Kuznets argued that his measure had nothing to do with well-being” Sure the USA vaunted GDP will hit 28 trillion in 2024… but the USA will still have to borrow 2 trillion dollars to balance the budget deficit for the year Even though China is investing trillions into its belt and road parter countries? It still has a 800 billion a year trade surplus with the world Even though their Central Government is cracking down in real estate speculation Slowing down the economy? The Chinese people have added 2.6 trillion to their savings in 2022 And 1.8 trillion to their savings for first 10 months of 2023 👇 Chinese Consumers Are Saving Rather Than Spending Amid Economic Downturn Dec 21, 2023 — Chinese households have added 13.8 trillion yuan ($1.89 trillion) The middle class is also prioritizing savings and seeking safe investment opportunities, according to the report. Chinese households have added 13.8 trillion yuan ($1.89 trillion) in savings in the first 10 months of the year, an 8.5% increase from the previous year. Pymnts
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  38.  @starman9934 are they allowed to make cars and sell them in the USA That’s the question
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  39. In China in 2008 around 70% of the people in their real estate markets were buying their 1st homes in their cities By 2018 around 70% of the people in their real estate markets were buying their 2nd and 3rd homes in their cities That’s why you are hearing about problems with their property developers these days. Because back in 2010? Their Central Government started cutting of money flow to these developers. Thus why you heard about Shadow Banks and Underground Economy back then, that their Government had to come into to shutdown or regulate. Even then, It took them almost 14 years to get their overheated real estate under control Heck they were about to introduce a nation wide property tax, but then trump started the trade war in 2018 Why is their Central Government doing this? Because there are still a few hundred million poorer rural folk they still expect to move to the cities to join their more well off urban city folk countrymen. Problem is these property developers were building higher end homes, and not building the affordable homes these rural migrants will need In China Owning a home in the city you migrate to? Affects your employment, health, education and even marriage prospects don’t have a house you don’t get married Thus the common prosperity push and the crackdown on the overt displays of wealth in China Their Government probably figured out you disenfranchise the people at the bottom of your society they are the ones most likely to act out in protest
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  40. No Surprise, Fed Was Biggest Buyer of Treasuries in 2013 THE Federal Reserve financed most of the government’s deficit in 2013, in sharp contrast to the year before, when the Fed did not add to its holdings of Treasury securities. The American private sector appears to have been a net seller of Treasuries in 2013, but the foreign private sector was a substantial buyer, according to government estimates released this week. In 2013, the government issued a net $759 billion in Treasury securities to the public. That was the lowest figure in six years, as the budget deficit declined because of a healthier economy, which increased tax receipts, and to government austerity that cut spending. The Fed bought a net $543 billion of Treasuries during 2013. That was not a record amount — in 2011 it had purchased $656 billion — but it enabled the Fed to finance 71 percent of the net Treasury borrowing during the year. NYT
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  41. Since 2023….you know when you tap on the breaks you have to let go also Since the idea is not to slam on those breaks Or just let the car decide when it wants to stop In China in 2008 around 70% of the people in their real estate markets were buying their 1st homes in their cities By 2018 around 70% of the people in their real estate markets were buying their 2nd and 3rd homes in their cities That’s why you are hearing about problems with their property developers these days. Because back in 2010? Their Central Government started cutting of money flow to these developers. Thus why you heard about Shadow Banks and Underground Economy back then, that their Government had to come into to shutdown or regulate. Even then, It took them almost 14 years to get their overheated real estate under control Heck they were about to introduce a nation wide property tax, but then trump started the trade war in 2018 Why is their Central Government doing this? Because there are still a few hundred million poorer rural folk they still expect to move to the cities to join their more well off urban city folk countrymen. Problem is these property developers were building higher end homes, and not building the affordable homes these rural migrants will need In China Owning a home in the city you migrate to? Affects your employment, health, education and even marriage prospects don’t have a house you don’t get married Thus the common prosperity push and the crackdown on the overt displays of wealth in China Their Government probably figured out you disenfranchise the people at the bottom of your society they are the ones most likely to act out in protest
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  42. The guy is using US debt to GDP as a benchmark MSM and people like him are purposefully misleading these days That Chinese debt is mostly Internal debt Where they have little external debt Notice how when the do the China va US debt comparisons they leave out the US internal debt But lump in all Chinese debt If they were to include US internal debt with that 34 trillion US external sovereign debt You would have 3 trillion in Local and State debt Non Financial Corporate debt 11 trillion Cooorate debt securities 23 trillion SS liability 26 trillion Medicare Liability 40 trillion Unfunded Liabilities 212 trillion Nominal amount of Derivatives bets by the TooBigTooFail Investment banks 200 trillion 👆 But then no one gives a sheeet because that is internal debt and if all else fails you borrow externally to cover that debt you don’t sweep under the table Where the Chinese stick their debt (mostly internal debt to boot) on the Corporations and Local Governments The USA sticks it’s debt on the “people” Btw who also had no problems taking internal debt not backed by the US Federal Government turning it into external Sovereign debt
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  43. MSM and people like him are purposefully misleading these days That Chinese debt is mostly Internal debt Where they have little external debt Notice how when the do the China va US debt comparisons they leave out the US internal debt But lump in all Chinese debt If they were to include US internal debt with that 34 trillion US external sovereign debt You would have 3 trillion in Local and State debt Non Financial Corporate debt 11 trillion Cooorate debt securities 23 trillion SS liability 26 trillion Medicare Liability 40 trillion Unfunded Liabilities 212 trillion Nominal amount of Derivatives bets by the TooBigTooFail Investment banks 200 trillion 👆 But then no one gives a sheeet because that is internal debt and if all else fails you borrow externally to cover that debt you don’t sweep under the table Where the Chinese stick their debt (mostly internal debt to boot) on the Corporations and Local Governments The USA sticks it’s debt on the “people” Btw who also had no problems taking internal debt not backed by the US Federal Government turn It into External Sovereign debt making the “people” the holders of that debt
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  44. Debt is internal debt that can be swept under the table If their automation AI revolution does not work out???? They can always go back to those illegals immigrants 👇 Special Report: How smuggled workers power 'Made in China' The smuggling of illegal workers from Vietnam across the 1,400-km (840-mile) border into China is growing. Labour brokers estimate that tens of thousands work at factories in the Pearl River Delta, which abuts Hong Kong. Workers from other Southeast Asian nations are joining them. Visits by Reuters to a half-dozen factory towns in southern China revealed the employment of illegal workers from Vietnam is widespread, and authorities often turn a blind eye to their presence. Workers from Myanmar and Laos were also discovered to be working in these areas. Reuters found that employers supply these illegal workers with fake identity cards and sometimes confine them to factory compounds to keep them out of sight of the authorities. Reuters
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  45. In China in 2008 around 70% of the people in their real estate markets were buying their 1st homes in their cities By 2018 around 70% of the people in their real estate markets were buying their 2nd and 3rd homes in their cities That’s why you are hearing about problems with their property developers these days. Because back in 2010? Their Central Government started cutting of money flow to these developers. Thus why you heard about Shadow Banks and Underground Economy back then, that their Government had to come into to shutdown or regulate. Even then, It took them almost 14 years to get their overheated real estate under control Heck they were about to introduce a nation wide property tax, but then trump started the trade war in 2018 Why is their Central Government doing this? Because there are still a few hundred million poorer rural folk they still expect to move to the cities to join their more well off urban city folk countrymen. Problem is these property developers were building higher end homes, and not building the affordable homes these rural migrants will need In China Owning a home in the city you migrate to? Affects your employment, health, education and even marriage prospects don’t have a house you don’t get married Thus the common prosperity push and the crackdown on the overt displays of wealth in China Their Government probably figured out you disenfranchise the people at the bottom of your society they are the ones most likely to act out in protest
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  46. Saturday, April 15, 2017 Full Private Land Ownership Returns to China’s Cities I don’t see how to read this other than as a promise of perpetual free renewals. This means that people who paid for a 70-year LUR now find themselves with a perpetual LUR: the equivalent of full fee simple ownership. That’s worth noticing. Law professors typepad
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  47. Wake-Up Call': China Leads in 37 Out of 44 Critical Technology Sectors, Says Report The Australian Strategic Policy Institute has pointed out that only seven of the 44 technologies analysed by its report are currently led by a democratic country, 'and that country in all instances is the US.' The Wire Staff Mar 09, 2023 New Delhi: China is far ahead of even the United States in conducting cutting-edge research in most critical technologies, especially in defence, space and security, a new report by a top Australian think tank has found. In the report published on March 2, the Australian Strategic Policy Institute shows that China has “built the foundations to position itself as the world’s leading science and technology superpower, by establishing a sometimes stunning lead in high-impact research across the majority of critical and emerging technology domains”. TheWire
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  48. India with a younger workforce A larger workforce And lower wages Is averaging 90 to 100 billion dollar trade deficit each year, with China since 2022 👇 India's trade deficit with China stood at $101.02 billion, surging past the $100 billion mark for the first time. TheWire
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  49. The irony is the only way India will advance in the future is if they copy Chinese technology 👇 Wake-Up Call': China Leads in 37 Out of 44 Critical Technology Sectors, Says Report The Australian Strategic Policy Institute has pointed out that only seven of the 44 technologies analysed by its report are currently led by a democratic country, 'and that country in all instances is the US.' The Wire Staff Mar 09, 2023 New Delhi: China is far ahead of even the United States in conducting cutting-edge research in most critical technologies, especially in defence, space and security, a new report by a top Australian think tank has found. In the report published on March 2, the Australian Strategic Policy Institute shows that China has “built the foundations to position itself as the world’s leading science and technology superpower, by establishing a sometimes stunning lead in high-impact research across the majority of critical and emerging technology domains”. TheWire
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  50. Yes like I said Indians have brought that caste system here to my country in the west where everyone is suppose to be equal Btw didn’t India just pass a citizenship law excluding Muslim people
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