Comments by "Frostie-Flake" (@PlanetFrosty) on "Eurodollar University" channel.

@vincentczz watch and learn uninformed one as PRC 🔥
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You’re not discussing the bankruptcy of multiple local areas of China. The PBOC is running out of capacity and euro dollars to deal with trade.
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Excellent point! I’ve been talking to people about this lunatic thinking as well. Multipolar is the new talking point the arrogant ass Peter Zeihan preaches as he pontificates. He does have some reasonable conclusions, but he doesn’t understand innovation and a change in “globalism” that is “edge focused” in both innovation and global relationships enabled by the new converged communication Infrastructure. The mistrust of government which leads to more person to person and small business to individuals in other countries. This is enabled by technology and protection of performance of purchase of Lightning Network. The edge structure of Lightning and Stable-coins(dollars) function quicker and bring finality of settlement more quickly and without millions of people, but we have to improve some functions technically in infrastructure to realize this for all.
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You’re miss substantial structural differences between PRC banking system that still hybrid communist. SOEs are still and issue with vast numbers of unpaid workers.
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You realize that the RMB is the internal “carnival money” used inside Chine and ¥ is external trade money and there is another factor in manipulation Chinese people’s purchasing power or ability to move money out of PRC for any purpose. It’s not a typical central bank system in China, but a giant Ponzi Scheme that’s collapsing. Copper sales and other commodities are shifting as are manufacturing. India too runs risks with odd ball system that is vulnerable and hampered its growth for decades.
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China is largely DOA in the near future. Xi Jinping’s bailouts through SOEs set the stage for collapse of productivity and economic capability.
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China has ALWAYS been Wall Street and CCP working together in the world’s largest Ponzi Scheme. The Big scam is on! Or is it collapsing in on itself?
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China is a giant Ponzi Scheme. Gordon Chang wrote about its mass debt Ponzi promoted by local governments and real estate bubbles. Floods in China destroyed any chance of China turning around, but its been largely a scam with subsidized exports.
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China’s FX position is desperate and it is estimated they have less than $800M. Steven VanMeter’s assessment of Russia and China’s designs on the RC position of $. Is full 😅of holes like Swiss cheese. Man you haven’t been following China’s “dark money markets!” You’re SOL, but the trade surplus doesn’t tell the story! China’s admitted debt to GDP is 200%, but likely really 600% or worse. China’s “private or hidden” dark gold counted by them turned out to be blocks of copper gold plated. China’s corruption and dark commodity trade is enormous.
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What we are seeing is deconstruction of over financialization of business. Large entities, like Google, Microsoft etc are crumbling from their very structure. The oligarchies are going through decoupling from the economy and will rot away. The Fed is being challenged by innovation in exchange of value. The individual and small business will rise while corporates are deconstructed. Ukraine is an example of the rise of human self organization in the face of adversity from bigger rivals. It mirrors change in human population that is both more individualistic, but also more self organizing. Innovation and invention in technology is bringing on these trends as well as government growth and ineffectiveness reaching the breaking point. You can see this in pop music coming from SE Asia, Russians(now mostly elsewhere) in parts of South America and Youth in India SoKo and more. It’s not in corporate numbers. They’re doomed and tied to collapsing Fed efforts. No, certain technological trends are irreversible as totalitarians and big government days are numbered. This is a cataclysmic shift in society that embraces freedom, fairness and self determination. Jeff, your numbers don’t tell this story.
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You guys are missing COMMUNISM and the GREAT CHINA PONZI SCHEME which are different animals. We’ve pretended they’re part of our global system and Wall Street has created the Ponzi with the CCP. This the GREAT TOTALITARIAN COLLAPSE!
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Industrial use of gold drives its value and new materials science emerging likely this year could reduce its value in many areas 1/3-1/2. Gold could go down sharply.
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@NavyNews2day I’m glad you’ll have a golden mic to trade for dog food! It’s a shinny yellow rock. Industrial use is its fundamental value. All assets boil down to usefulness not keeping it in a vault. Perception of gold’s value is a very fragile thing.
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@callmebill Humm, and in 18 months to 2 years as materials science replaces gold in industrial applications what will it be worth? Maybe a little less or a little longer, but this is not a new phenomenon in nature of the value of materials because it’s a material world.
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Innovation in production, innovation and better productivity through technology drive prices down. Neither Eurodollar Jeff or Feaky Fiat Fed adequately accommodate for this apparently deflationary prices moves unrelated to stand deflationary assumptions. Impact of fast moving technology is simply ignored by Jeff and Fed.
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I’m so glad you expose the “Petrodollar” myth. Bunko Bitcoiners, as opposed “educated” bitcoiners, are peddling dollar doom. The Gold Goofs are no better. My business is communication infrastructure including making Lightning secure infrastructure and trading infrastructure so exchange can be economical global settlement access.
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Duh, India making friends with Rusky as it collapsed into obscurity and China collapsed was foolish bet — The end of Great China Ponzi Scheme! India never fixed corruption or its own issues of infrastructure to build a real economy. The great scam China was always going to collapse. Youthful demographics is THE ONLY THING GOING FOR IT! Sorry, Man you don’t get great China scam! Doing biz in India is still a nightmare!
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