Comments by "May L" (@MeiinUK) on "Massive Printing of 20 Trillion Yuan, RMB Devalued by 20%" video.

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  2.  @dongshengdi773  : And Indonesia, have frankly never stopped... exporting ever since those SE Asian financial crashes. It IS about time that, they stopped being stupid people and curb their own actual population controll !!!! They are growing faster than China alone... From 150 million people, jumped to 300 million people under 40 years? Did you know that, even in the UK.. from 70 million people, they only jumped to around 69 million people? Most people left, and must people abort as well. When they don't have the money, they don't have kids. Until they saved it. And yet, during that time, they still pay taxes to the NHS, as well as local taxes etc etc etc. Do you give 家用 to your mother or your father? And for them to save you a dowry ? No ? Well... UK chinese kids here do. Their parents would give them pocket money to do chores. And once they have done them, then they get pocket money. And then they save this up, for their own future wedding. And THEN.... even for English kids, they are the same too... If the child is 16 or 17 or even 18.... they would go out and do casual work. Working in the farms. Working in the bars. Or Pubs. Or do newspaper deliveries.They save that money and give "board" to their mother. So that she is helped in some ways to the household bills. THIS is the kind of environment I was raised in the UK. WTF has and does the rest of the world OWE... to China? And even now, so many people don't have as many kids... Some, not at all, even. And I hate that, the social services are supporting many more refugees, and they were never part of the British Empire too.. and we have to give a lot set of our savings towards them.. people are SO angry.. you have no idea... sometimes I cry about this fact. And sometimes I am also SUPER angry too.. at what some of the UK banks did too. Which is that, they save YOUR ASSES in China ! Like.. my dad's pension went into Santander.. and that company went and bought some assets from HSBC in Shanghai !?!?! WTF...!!!! Why are they doing that kind of global business !?!?!.... And yet, you guys don't even appreciate "the West"... Oh yeh.. keep on spending, cos we're super angry about it !!! (Oh, I am Cantonese, BTW !!! Super angry !!! And what is that about "The west used us" !?!! REALLY ?! Including the "Western banks used their money to save our asses in Shanghai, but I never knew about it " !!!!!! ) WELL.... KEEP SPREADING THAT NEWS ! COS IT IS REAL ! AND I AM LIVING PROOOF !!! I DON'T NEED TO DO A KOL ABOUT IT !!!! I don't need to be an influencer!!!
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  4.  @embun1945  : USA did not goddamn print any sodding thing. I bet that is just a media lie.. I bet that, in truth.. China couldn't hold themselves together.. so then.. what happened next is that, they mis manage it... and then they have to get other foreign companies to both buy them out.. or to use them to eleviate themselves... or something to that nature. Cos how could a 1.2 billion people be all on the SAME equal footing and earnings etc ? They don't buy it. and they don't see it either. They don't even really accept.. the idea or the notion of leverage and ratios... So I had to pay like 5 pound.. to eat an orange say, but they have to pay only like 3 pounds. But they don't like it.. when prices go up... and they don't see the end of the reasons why their prices went up... cos why ? They flip open the internet... see a ratio, see a price, and assume that "AHH... I need to be paying too much." (But behind the scenes is what.... it is THIS entire process... Farmer > Logistics/driver > Distribution centre > port > country A > consumer/customer. That is SIX companies... that have to take the prices of. SIX companies... that needs to get paid. What do you think China is doing? I bet that they have already bankrupted and collapsed a few times, so now they are trying to do like THREE companies or something. Instead of formally doing a clearance and resell those stocks WITH a proper value.... (I bet they went and stole them from those bankrupted companies.) So then.. they see a price online... "In the UK, I will sell it as this price, cos I have seen something similar." (Kind of BS !!!).... Maybe this is why people are disillusioned... cos if it was not, then why does Alibaba exists with SO much excess stocks ? Like, more stocks then the world needs ??? If China supported currency leverage, then they shouldn't have let the HK's position as a leverage disappeared... That is THEIR fault too. Along with the various SE Asian countries trying to be clever.. and the thing is... the PRC Government SHOULD see these SE Asian countries AS enemies, but they don't.... Cos they will keep letting them using THEIR currency as a leverage but not them. I AM FUMING !!!! What... an "Indonesian maid"... can earn around 1000 multiples... as a "maid"... and gets paid in HK. Meanwhile... I HAD TO... buy a STUPID... dead fish, salted.. preserved.. for around 1000 HK Dollars, if I recalled.. in HK... Cos my mother would do that. At that time, the exchange rate ratios were around 1 hk dollars = 100 yuans !!!!!! OF COURSE, I WOULD BE SUPER HAPPY !!! WHO WOULD NOT ?!!?!? And then, those maids got... like 3-4 thousand hk dollars AS well ? What was the exchange rates in late 1990s ??? (Just googled to check... 1 hkd = 310 rupee in 1997 !!!!! OF COURSE THEY WOULD BE SUPER HAPPY !!!! AND NOW THEY HAVE GRAND KIDS !!!! WE DONT EVEN DARE TO HAVE KIDS !!!!! UNFAIRNESS DONT YOU THINK ?!)
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  7. @tesacc17 : But they stupidly indirectly links it though. This is another problem. Did they not learn anything ? And the other thing is that, they don't focus on their own internal spending either... The West had been wanting to help them raise to be similar to them as well... with more control. Same with Japan. Although on paper, they are not doing well.. but they don't need to do well... What they did first, was to put their own people first, and then their savings. It is their savings, that actually trade internationally and invest in other countries for import and export. "Feed yourselves first. Then help feed others." Cannot feed yourself first, and then drag down others as well while you are struggling is nonsense !!! In Europe... people always feed themselves first, and they keep working? Why do they keep working? The working is to save and build a safety net, in case any wrong decisions create a hole. So it has always been like this... Save yourself first. Maybe they need to set a ratio... like 60 % - 40% or something. With the situation with China, they were too ambitious, cos they wanted to uplift an entire nation.. but at the same time, they did not put down risk control elements to stop themselves from running out of that boundary. i.e. Population growth. Kept moving local budgets. And not reuse the same things to keep reducing excessive spending. Don't change policies on a local level to keep themselves going... Neglect the people first, even before stretching them to do whatever whatever... Promote people first, even before the overall bigger goal is reached. So then they cheat. I can go and on and on.. I don't even need to have lived in the PRC to knows what they have done...
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