Comments by "Dr. Ricco Lindner" (@Dr.RiccoMastermind) on "Business Basics" channel.

  1. I wish the western world would try to learn from it as much as South Korea, Singapore etc.
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  2. 21:10 your emphasis on a recently (2022) "huge trade deficit" of Germany with China (exports $195.2B, imports $107.4B) doenst fit with the numbers from the big graph of Chinas Imports and exports. From China's perspective, at least in this graph, in 2022 it had $111.4B imports and $115.9B exports with Germany. Was is right now?
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  3. 15:50 NO, NO and NO again!! Banks dont lend out depositers money!! Its not like banking in this world works! Banks create the money for loans from nothing in the modern fiat system. There is no true Fractional Reserve Banking! Still banks do in trouble if they default on their loans. And assets might be liquidated. However, deposits of private savers can always be guarateed by the state, if its a clever one
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  4. Great video on the topic! Saying this beeing German 🙏😎🇩🇪 I wish such information would be more punlic in my country
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