Comments by "D W" (@DW-op7ly) on "China's economy is 'weak, but not that weak', strategist says" video.

  1. 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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  2. For China what was most important was to reign in their overheated real estate market. Which after 14 years where they started to crackdown in 2010 they finally did it Loads of FDI from the outside world would create overheating markets again Plus they have so many tools 3 trillion in FX reserves (estimated another 3 trillion hidden reserves ) Hidden Gold reserves 2 times the size of the USA. The ability to make and hide internal debt. And low external debt amount they can borrow on etc etc Plus “Sophisticated Foreign Investors” just got burnt by buying the Junk Bonds of Chinese Property Developers But with that said yes Chinese stock market has no market makers where only 14% of the Chinese population invest in stocks. 85% of the trades are done by retail mom and pops. Where 67% have less than a high school graduation. 81% trade at least once a month That should tell anyone that their bear markets will get oversold and their bull markets overbought
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  3. Stop parroting MSM on Chinese debt This is how you know you are being programmed That Chinese debt is mostly Internal debt Where they have little external debt 2.6 trillion Notice how when the do the China vs 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 Personal/Household debt of 17.5 trillion Corporate debt securities 23 trillion SS liability 26 trillion Medicare Liability 40 trillion TooBigTooFail Investment banks Derivatives Bets (notational value) 200 trillion Unfunded Liabilities 212 trillion But then no one says anything because that is internal debt that can be either swept under the table or borrowed on externally
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  4. Obviously China is doing well in its export sectors But it’s cracking down on its real estate sector That’s going to slowdown the economy The haters are going to call it a crash
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  5. That’s about it they are cracking down on real estate speculation it’s not a hard concept to understand That’s why you in the west have to live in a home with 20 roommates
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  6. Yes China needs foreign aid it has collapsed Even though China is investing trillions into its belt and road parter countries? Its exports are up 7.1% for the first 2 months of 2024 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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  7. Most analysts have taken a bearish view on China... Many who probably advised people on those Property Developer Junk Bonds. Where the Chinese Government didn't step into back those Junk bonds
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  8. Most analysts have taken a bearish view on China... Many who probably advised people on those Property Developer Junk Bonds. Where the Chinese Government didn't step into back those Junk bonds
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  9. 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
    1
  10. Most analysts have taken a bearish view on China... Many who probably advised people on those Property Developer Junk Bonds. Where the Chinese Government didn't step into back those Junk bonds
    1
  11. Even though China has invested trillions in their belt and road partner countries China exports are up 7.1% In 2014 And it still has a 820 billion plus dollar a year trade surplus with the world the last 2 years 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
    1