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Comments by "" (@advancetotabletop5328) on "Business Basics" channel.
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West Taiwan! :D
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BRI looks less Brick and Road than Bankrupt and Ruin. Africa‘s not paying those loans back, either, and I’m curious if China‘s actuallly going to “foreclose” and take their natural resources, instead of just giving them loan extensions. Keep up the good work!
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@mine: CCP harems, not that they don’t have them already.
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Or maybe part of China’s problem was its reckless spending on infrastructure projects with almost no return, in pursuit of their unnecessary GDP targets. If the debt is the province’s baby, guess who the father is. Even if China solved its tax problem, that wouldn’t fix its spending problem (not that China’s not the only country with a spending problem…!).
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@j: This is about China, not the west. Two wrongs don’t make a right.
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Russia had this problem even before the war. Russia also has a male age of death ten years before western countries. Will that also happen to China?
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IIRC, There’s a YT video about how poorly the “non-existent” people who are second children are treated in China.
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Would also like to know China and India‘s POV of their ”enemies“ in the ME. At least in the USA, we’re not on the same continent, and aren‘t fighting over water.
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Agreed. And, after watching the Ukraine war, I’m fine with economic wars over military ones.
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Why nickels? No faith In the yuan, Chinabot?
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Which side was dancing in the streets and handing out candy on 9/11?
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Sales tax at least has criminals and illegals paying taxes.
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China’s not the only player of the long game…
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Ask Jack Ma how his “re-education” turned out.
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Sanctions have prevented Russian military from having “smart” precision missiles. While this has prevented Russian soldiers from hitting the mobile Ukranian military targets, Russia still has “dumb” missiles that are striking civilian targets. Sanctions have had an impact, but Ukraine needs air defense or many more civilians will die.
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israel is the one with balls. And have their act together.
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@DawnAfternoon Agreed, but the question is if the Xi’s power base is willing to take that risk if he thinks that’s his only way to stay in power.
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Yeah! Watch out for those flase numbers! Can’t even afford autocorrect, can you bot?
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Next step: Send the children to the cornfields. Because the CCP is afraid of student protests, they’re sending unemployed youth to rural areas to prevent from organizing. Xi’s obviously following in Mao’s footsteps, and you should know how rural re-education fared under Mao. You’ve already seen India vs. China’s population periods. It’s worse than the diagrams show, since China’s youth are not only a lower proportion of the population, but also unemployed.
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China‘s been having economic problems for years, yet the S&P has done quite well. I think many companies have already left China, which was quite hostile towards foreign businesses. While I would not invest in China, I wouldn‘t sell my USA holdings, either.
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Dunno about the CCP, but I’m sure China’s bankrupt by now. Hey, maybe the Chinabots can tell us if they’re still getting paid. Thanks for the video!
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Search on YouTube how the PAL leaders are non-military businessmen who bought their positions, much like the historical Chinese fiefdoms thousands of years ago. They’re more interested in using their positions economically, than militarily. Which is fine with me — economic ties between China and Taiwan, afaik, have prevented an actual war.
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Exactly. BRI is “just” an extension of China‘s tofu dreg projects, except they give loans to (sometimes corrupt) countries, so they can build Chinese infrastructure, with Chinese workers, through Chinese businesses — and the money into Chinese businesses. And I can’t believe Xi thinks these high-risk countries will pay back. These BRI “debt traps” are there to forecloseon the countrie‘s natural resources, that China needs. I’m also more interested in seeing what actually happens when these countries default. Does China take those natural resources? What if citzens in these countries attack Chinese workers? Does the local government and/or China send in soldiers? Interesting times, indeed.
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Too bad that data is made up by local officials who have to make quotas.
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I remember thirty years ago when Business Week and other magazines were reporting about China’s phenomenal growth. Well, look at China now. Bots can say what they want, but I doubt growth means crumbling ghost cities, infrastructure that’s unproductive, and sending your youth into the countryside. China’s economy isn’t going to “collapse” anytime soon, but then Iran and North Korea haven’t “collapsed” either.
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After watching the Russian war on Ukraine, I have doubts that Pakistan can maintain these nukes. Dirty bombs may be a different matter, though.
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Just look at what happened to Russia before the war. GDP the size of Texas. Declining birth rate.
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Release a worldwide virus and trigger worldwide recession. What could possibly go wrong? I would agree that USA‘s quantitative easing helped set up the recession, and that the west is dragging its feet on raising interest rates, but it’s not anyone‘s fault but China’s that they‘ve antagonized all their neighbors and trading partners, as well as created their own tofu dreg house of cards.
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Wasn‘t China‘s government pumping money into the stock market, and loosening loan restrictions (not on houses but for business)? Doesn‘t look like it‘s paying off. RIP China.
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Not that Mao wasn‘t being Mao, but if Mao didn‘t attack Tibet or Indian borders, America could have been in a perpetual second place to an Indian-Chinese alliance, that would now be seen as the leading power in Asia. Instead, behind the Ukraine war, and Middle East, an Indian-Chinese conflict may be the next military conflict in the future. Ukraine‘s been the exception for Western aid. I doubt India will much support from the West in a conflict with China.
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The ME is just one big proxy war between Iran and Saudia Arabia.
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@b: Do Chinabots practice whataboutism? Just asking.
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Mexico, Canada, and China have been USA‘s top trading partners for *years*. No idea why this isnt common knowledge, although I guess none of you young’uns remember NAFTA. :D
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Maybe that explains the ban on Apple! Apple didn’t sell itself to China and got banned. Keep up the videos!
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