Comments by "" (@thomasherrin6798) on "‘Ponzi Scheme’ Threatens China’s Financial System | BRICS | Corruption Crackdown" video.

  1. These days you can't believe a word they say which makes it difficult for actually doing any sort of business with them!?!
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  2. ​ @qrsx66  Brazil has a large food economy so that should roll along, if it sorted out its corruption then it would fly, but like Argentina that just is not going to happen!?!
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  3. It's better than the China Daily but not by much!?!
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  4. Tony reports from the World Media about China, it's safer that way, he does not comment on what the CCP should be, or might be, that's up to you to decide!?!
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  5. ​ @codebloke2200 Brazil can pull out of BRICS and still have China get its food, it doesn't have many options at the scale required, and food is a high priority item at present (...and most times)!?!
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  6. Yes its funny how quasi communist regimes have the least controls to protect their citizens but the maximum controls to rule their citizens, I always find it very strange!?!
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  7. Exactly, China is built on corruption and it shows by its dated and archaic state events!?!
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  8. Nothing will happen unless someone criticises Xi and then they will be arrested for corruption!?!
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  9. It is far worse!?!
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  10. Yes Russia is a caution, one Rouble is one cent and falling and they want to be involved in changing the World's currency, they are in cloud cuckoo land!?!
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  11. ​ @mmmoroi  If China can't be the BRICS reserve currency then they won't have a common currency, and for rather obvious reasons China's currency is mildly to highly volatile as it seeks to reduce dependance on the USD and sells same its currency becomes more volatile as it can't sell dollars to increase the Yuan, which also has systemic problems, the BRICS have to keep in mind China has its own domestic currency which can be protected from the Yuan, that's why it's separate, so China could disappear money between the two, Russia's is extremely volatile, South Africas is extremely volatile and Brazil is highly volatile, India's currency is mildly volatile at present but they have no interest in the BRICS common currency. It can be noted that the Wider West has 70% of the Worlds trade and the dollar is not going to be replaced anytime soon, and it would make little difference if it was, it's still the World's biggest economy and getting bigger, when its nearest rival is........getting a lot smaller!?!
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  12. Tight budgets, like the World's biggest debtors!?!
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  13. Well they won't matter much to China what the other countries'views are, It will try and impose its own views on them, it doesn't operate by majority voting, it's doing a take over!?!
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  14. Xi chucked a few batteries in his motor to bring along to the conference, so there might be a fire!?!
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  15. ​ @2l84t  The Rouble is one cent to the dollar and falling even though bank rates have been increased, the Yuan is dropping and is being propped up by selling dollars as well!?!
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  16. The property needs to reduce by 50%, that's the House values, the new house building projects, the GDP targets, the property companies should be allowed to crash and the Trust's!?!
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