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Patrick Boyle
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Comments by "" (@thomasherrin6798) on "How China Is Helping to Reduce Inflation." video.
@charlesscott4722 I think money and Macro estimated it to be currently at 40% not 60% - The original author said 60%, I also think that they alluded to checking other figures for comparison of their data, not just the lights being on, it proves that the C.C.P. figures must all be treated with extreme caution as they are not independently verified!?!
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@deezeed2817 Due to stupidity by Europe's reliance on Russian Energy this has created a temporary schism in Europe's energy market, once this has been circumvented that schism will no longer exist ( most probably by the end of 2024 but improving steadily until then). It means that Europe had to find 40 odd % of its energy elsewhere and initially at great cost and reducing as longer alternative energy sources are found, however in the long term it will cost more but be manageable. However Russia is left with 80% of its energy supplies to go to new markets, with not much capital to pay for infrastructure developments to transport this energy while it is funding a war, so when all the sanctions are in place at the spring of 2023 expect all Russia's wheels to grind inextricably to a halt!?!
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Looks like we are not going to see any green on Chinas GDP for a long while, also it's funny that China's GDP debt is noted (Correctly) as 275% by economists (...and in this video) but on officially reported figures it is 71% (Japan is listed as the highest with 263%), this disparity is alarming, and with possible (probable) GDP over reporting of between 20 and 60% there seems to be a bigger issue of credibility looming!?!
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