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antonyjh1234
Inside China Business
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Comments by "antonyjh1234" (@antonyjh1234) on "China isn't dumping dollars. They're dumping banks, and setting up a new financial system." video.
And considering all national debt is considered money, how do people think China gets that surplus? If we use coal emissions, China is number one, because of this money.
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@kwlee8420 ALL money is govt debt, it doesn't exist without it. If the govt is in deficit then it is in peoples accounts, if they are in surplus then they have taken it out. If all the debt was paid back there would be zero money
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@Gman979 So you thought you would say it twice..
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@Gman979 If only you had listened to your own advice. edit Do you know how money is created?
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@pohmoh3590 This is only because of how much govt debt there is. The total amount is more because there is more, the US dollar is 51 percent of all dollars in the world. You are talking about 3.82 percent of it being in USA, they are 4% of the world.
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@chocomilo1628 Half of the China surplus comes from USA, of which I am not a part.
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@gelinrefira Africa will be almost half the world population by 2100, the transference will continue.
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@rogerzen8696 The money in your account or theirs is not there, it is lent out again as soon as it can. ALL money is govt debt, accumulating more of it when people are against the govt goes against the grain. The root of problems, is not understanding money while wanting more of it. Nevertheless, all this debt is seen by people as a ticket to energy that isn't going to be there in a couple of decades, this is our most pressing problem, asking for more money is not going to change that.
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@rogerzen8696 I can't see my comment, will try another way. The money that is in all our accounts doesn't exist, it is just an accounting trick, as soon as it reaches your account it is lent out as soon as possible. Same as them, you wanting more govt debt in your account doesn't really make you rich. not in a true sense.
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@mt8474 Saying that a per capita basis isn't that bad, when there is so many of them, sort of confirms the purpose of what I was saying. Yes we have and along with that the jobs, China is supposed to lose half a billion people over the next 80 years, if they keep the production because the world has basically stopped growing their per capita emissions are going to double without any change in their activities. It still is a huge amount of carbon whoever emits it.
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@mt8474 No one has fixed their problems, it's been transferred along with the money that has meant China has been able to prosper. Half the surplus come's from USA, this is manufactured at a small cost, 40k per million.
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@一个说话大声的中国人 You could make the same argument about religious beliefs at the time that man has dominion etc. You put abortion in the same category as having sex with a man?
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monipenny408 All countries have their own printing presses and we all revolve our lives around these toilet papers
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