Comments by "Matthew Loutner" (@Matthew_Loutner) on "China Observer" channel.

  1. ​​@user-br9oi2sh7o Don't know where you get your numbers, but 54% of Americans have a retirement account. Most people with a retirement account put at least $1000 a year into their account. In an emergency, you can draw funds out of your retirement account or you can borrow against it.
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  2.  @lambertgiang  24 million divided by 360 million = .0666.
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  3.  @lambertgiang  Just out of curiosity . . . Why would anyone keep their money in a bank savings account that only pays 0.45% interest on your money, when you can make 10.5% in the stock market? I do not have a bank savings account. I have 2 bank checking accounts, 2 stock market accounts, 1 crypocurrency account -- but no savings account. I do not really have a need for one. (And I invest in real estate on the side.)
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  4. We like to welcome guests to our country. But we do not welcome Chinese spies.
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  5. You are saying there was no snow in China? American economy is fine.
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  6. No country is going back to the gold standard. We went off of it because there was not enough gold.
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  7. Nationalizing is stealing.
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  8. United States does not have centralized planning. Each company goes its own way.
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  9.  @adcaptandumvulgus4252  No. The oil, steel, iron and railroad barrons used to do that in the nineteenth century. They were called "trusts." But trusts inhibit free market competition and the the consumer does not get the lowest price. So the United States government passed anti-monopoly laws. So they can no longer do it. In the history books, that is called "trust-busting." The newspaper headlines in those days were plastered with articles about trusts and trust-busting. Some people called them the "robber-barrons." And the newspapers had editorial cartoons portraying them in different ways as being robbers of the people. In economic terms they are "oligopolies" (as in "Russian oligarchs). They are also called "combinations" or "conglomerates."
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  10.  @adcaptandumvulgus4252  Well then you are not up on current events. Just off the top of my head I can tell you that the United States government split Microsoft right in half because of monopolistic practices. I am sure I could look up others.
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  11.  @adcaptandumvulgus4252  I think you should stop trying to guess everything.
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  12. That is a ridiculous and stupid thing to say.
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  13. Meanwhile back in Beijing, the CCP is busy building 1000 ICBM silos. 🤷‍♀️ 🤷‍♂️
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  14. In English it sounds like they are saying, "Whoopee! I was said off!"
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  15. Well we do have big banks who bail out small banks when they get in trouble, big real estate investors who bail out small real estate investors when they get in trouble, big corporations that bail out small corporations when they get in trouble and the government bailed out Ford, Chrysler, and GM when they got in trouble. We frequently arrange bailouts for people. We could bailout China if we wanted to. But the fact is . . . We do not want to.
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  16.  @Jaime-eg4eb  Lending is not always what they do in these bailouts. One of the things the big banks do is buy all of the low value loans from the smaller bank. That leaves the smaller bank awash in the cash they need to continue operating. In real estate, the bigger company will just buy your whole company leaving you with sufficient cash to start over. A corporation can buy stock in a troubled corporation leaving the troubled corporation with cash. Other times they will buy out the whole corporation and install all new management, giving the troubled corporation a whole new start. A government bailout usually entails a gift (grant) of a large amount of cash. But it may have performance criteria attached. For example when the government bailed out General Motors, General Motors was running 5 different car lines and the company was just too big. So the government put stipulations that General Motors had to close a bunch of their dealerships and shut down Pontiac entirely. As far as loans . . . a bank will not make any loan to anybody that has terms that the borrower is not able to pay back. Do you think bankers are stupid? And you are completely overlooking that if the troubled person is carrying a loan at 10% interest and refinances that loan at 5% interest that cuts their monthly payment in half. You can do the same thing with the term. If a person is carrying a 7 year loan and you refinance them into a 14 year loan, that cuts their monthly payment in half. Then there is consolidation: For example, if a person has 5 credit cards and is paying $30 a month on each one, they may not be able to do it. But if they take out a consolidation loan and pay off all 5 credit cards, then they may have only 1 payment of $45 instead of 5 payments of $30 each. If a whole country is in trouble, we can send a dozen American companies to build factories in the ailing country and the corporations will finance the whole project themselves. It will not cost the host country a cent. We know how to do this stuff . . .
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  17. They should have put a lithium battery in every box.
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  18. Wrong If the stuff on this channel was all fake, utube would have cancelled the channel long ago.
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  19. Your sentence structure is not correct and understandable.
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  20. China is not the richest nation. First place is a tie between the United States and Sweden.
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  21. They have been selling off American dollars since 2008 and using them to prop up their exchange rate. If they keep this up at the same rate, they will be out of dollars in 6 years.
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  22. Cost of labor is now higher than surrounding countries. The pandemic made corporations realize that they were in a supply chain risk situation. They lost billions during the covid shutdowns. CCP has been verbally bullying others. For example canceling American sports on Chinese television because a team member said, "Free Hong Kong." United States has had trade tariffs on China since 2018 over unfair trade practices. Reducing orders from America. There a general slowdown on all orders worldwide. Chinese are way overextended on credit. And there is a MAJOR real estate financing crash. And the provinces are all overextended at the bank. Some banks cannot currently give people their money. China just instituted a national security to law and people can be arrested for espionage for stupid things: Practicing a religion. Supporting freedom and/or democracy. Taking photos at a port. The law is quite vague and about anything the police want it to be is espionage. That is pretty risky for a corporation.
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  23. Chinese government has AI facial recognition. They even have your face and life history in their database.
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  24. Well they will never figure it out on their own. They will need to copy off of someone else's paper.
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  25. The United States did not cause this. China made their own bed. They can lie in it.
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  26. Actually I hold some Chinese stock that I am doing very, very well on. 🇺🇲✝️
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  27. The Chinese constitution guarantees freedom of religious thought. The next paragraph says you cannot do anything that would be crossways with the government.
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  28. There is no "new global economic world order." No one can be "global" without United States and Europe.
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  29. China functions like a giant religious cult.
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