Comments by "D W" (@DW-op7ly) on "China's enormous subsidies come from trading profits. US and European subsidies come from taxpayers." video.

  1.  @matthewgaddy3232 every country prints up money The difference is when people say printing up money What they really mean is the US Treasury issues new external Sovereign Debt Where the US FED buys that Sovereign debt and puts it on its balance sheet What people are really talking about is the Quantitative Easing the USA does
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  2.  @ericshang7744 without a reach around 😂👍😂👍
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  3.  @remix-yy1hs and from the far right of the political spectrum … although some may argue she isn’t …
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  4.  @gk.4102 that’s true but that printing of money does not disappear… long story short, much of it ends up as debt on central bank balance sheets to eventually be dumped on the public
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  5.  @papiso2008  Try this one out 👇 Intel Brags of $152 Billion in Stock Buybacks Over Last 35 Years. So Why Does It Need an $8 Billion Subsidy? What’s to stop the chip-making giant from shoveling taxpayer grants into more stock buybacks? LES LEOPOLD Mar 27, 2024 Common Dreams Intel, the largest chip maker in America, with 2023 revenues of $54 billion, has just been awarded an $8.5 billion grant from the federal CHIPS and Science Act, plus $11 billion in favorable loans. In addition to badly needed microchips, Intel produces totally useless stock buybacks. On its website the company proudly proclaims to have spent $152 billion on stock buybacks since 1990. That’s not a typo: $152,000,000,000. Which is why I call it "Stock Buybacks Я Us." Intel took $152 billion of its revenues, some portion of which could have been used for R&D and building new microchip facilities in the U.S. as well as paying workers more, and instead funneled it to its largest Wall Street stockholders and corporate executives, enriching the top fraction of the top one percent. CommonDreams
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  6.  @MrStevemur  The difference between the USA and China is in Q3 of 2019 The US FED was bailing out those TOOBIGTOFAIL banks in their repo markets less their credit markets seize up once again A few things we learned since the 2008 subprime crisis 1) Buying for US debt is not unlimited. In 2013 the US FED had to buy 71% of the newly issued external Sovereign debt by the US Treasury 2) That Quantitative Easing (QE)debt that was soaped up/printing of money, that debt does not disappear Since we know from Q3 of 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. Their Quantitative Tightening (QT) Where the US Treasury would issue new corresponding debt for the public to buy. Where with this QT selling they managed to dump about 600 to 700 billion in debt on the American “people” As the American “people” are the biggest buyers of US Sovereign Debt (directly/indirecty) That QT selling ended during Q3 of 2019 Because that selling of debt ended up helping to freeze 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.with that selling from 2017 to 2019 But then the FED had to come back in QE 2.0 and buy that Treasury debt again, all that they dumped and more Last I checked they ran that FED balance sheeet back up to over 8 trillion. Now it’s back to around 7.8 trillion Wait you might ask Agency debt is internal debt not supposed to be backed by the US Government Well the USA has had no issue with taking private internal debt and turning it into External Sovereign Debt backed by the US Government and the American “people” Something the Chinese might have been tempted to do with the Junk Bonds issued by those Chinese Property Developers That were a hot commodity the last few years, sought after by sophisticated foreign investors In short the Chinese purposely deflated their real estate markets. Cut off money to its Property Developers since 2010. And didnt bailout foreign investors who took a risk buying those Property Developer junk bonds the last few years While the USA left their real estate market to implode. Kept the stimulus/bailout money flowing to the companies, and bailed out foreign investors who invested in private internal 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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  7. Intel Brags of $152 Billion in Stock Buybacks Over Last 35 Years. So Why Does It Need an $8 Billion Subsidy? What’s to stop the chip-making giant from shoveling taxpayer grants into more stock buybacks? LES LEOPOLD Mar 27, 2024 Common Dreams Intel, the largest chip maker in America, with 2023 revenues of $54 billion, has just been awarded an $8.5 billion grant from the federal CHIPS and Science Act, plus $11 billion in favorable loans. In addition to badly needed microchips, Intel produces totally useless stock buybacks. On its website the company proudly proclaims to have spent $152 billion on stock buybacks since 1990. That’s not a typo: $152,000,000,000. Which is why I call it "Stock Buybacks Я Us." Intel took $152 billion of its revenues, some portion of which could have been used for R&D and building new microchip facilities in the U.S. as well as paying workers more, and instead funneled it to its largest Wall Street stockholders and corporate executives, enriching the top fraction of the top one percent. CommonDreams
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  8.  @cb250nighthawk3  probably there are 200 EV companies the Chinese Government feels that is too many… But they will be hands off let nature take its course 👇 A brutal elimination round is reshaping the world’s biggest market for electric cars Analysis by Laura He, CNN Published 11:05 PM EDT, Wed April 24, 2024 But all of the country’s more than 200 EV manufacturers are now grappling with huge oversupply, and experts predict many smaller companies will not survive the fiercely-competitive environment. CNN
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  9.  @UKkenny  ​​⁠ ​​⁠Back in the late 1980s I was warning about Free Trade and the push for Globalization Especially when it came to the rise of CCP China. This was before their GDP was even a blip on the radar. When 88% of the population was nee deep in the mud of the family rice plot or making 1 dollar a day on a factory floor yet was getting laughed at and called a CCP 50 cent army poster. Must be a Communist Trai tor, against Capitalism and even worse names That’s because folks back then, were pushing for Globalization and Free Trade all they cared about was making more money
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  10.  @barnabusdoyle4930  Intel Brags of $152 Billion in Stock Buybacks Over Last 35 Years. So Why Does It Need an $8 Billion Subsidy? What’s to stop the chip-making giant from shoveling taxpayer grants into more stock buybacks? LES LEOPOLD Mar 27, 2024 Common Dreams Intel, the largest chip maker in America, with 2023 revenues of $54 billion, has just been awarded an $8.5 billion grant from the federal CHIPS and Science Act, plus $11 billion in favorable loans. In addition to badly needed microchips, Intel produces totally useless stock buybacks. On its website the company proudly proclaims to have spent $152 billion on stock buybacks since 1990. That’s not a typo: $152,000,000,000. Which is why I call it "Stock Buybacks Я Us." Intel took $152 billion of its revenues, some portion of which could have been used for R&D and building new microchip facilities in the U.S. as well as paying workers more, and instead funneled it to its largest Wall Street stockholders and corporate executives, enriching the top fraction of the top one percent. CommonDreams
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