Comments by "GTW" (@gtw4546) on "Patrick Boyle" channel.

  1. I've been watching this situation for the past year, since the 3 red lines policy was announced, and you've explained it REALLY well!
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  2. Agreed. I usually forward over the ad parts, but today I watched it once I saw Patrick working out in a suit!
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  3. An investment for Bird brains?
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  4. Isn't it nice when another nation offers to protect you so you don't have to protect yourself?
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  5. I'm reminded of a couple of teenagers desperate to leave home and getting married so that they have someone else's money to spend. That never ends well.
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  6. One-size-fits-all is usually a bad “fit” and the same is true of requiring everyone to go down a prescribed path. We need to be free to choose the best option suitable to a region's geography, climate, and available resources.
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  7. "That's what Elon would do."
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  8. Rapid economic growth is like the condition of acromegaly when too much growth hormone is present in the body - if left untreated, there is an increase in both morbidity and mortality. An "economic miracle" is simply an economic disease that hasn't yet been diagnosed and is not something to aspire to achieve. A healthy, steady growth should be the goal.
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  9. @Elias Håkansson Locusts waiting in the wings!
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  10. I was thinking along similar lines. Only those who have managed to retain some savings in the face of the high inflation could possibly benefit, but they already have better options by holding preciousl metals or foreign currency. And for those who live from paycheck-to-paycheck receive absolutely no protection. Plus, how many may have depleted what little savings they may have had because of the inflation?
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  11. With all the hype around crypto and the relentless "crypto bots" hawking various advisors, cryptocurrencies feel like a Ponzi scheme to me.
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  12. Spending money in the relentless pursuit of growth is more a "China model" than a "Silicon Valley model." This scheme is showing signs of massive failure in China now, so I don't hold any hope for any business using this model.
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  13. And the "3 years of difficulty" 2.0 as well!
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  14. A sponsor ad worth watching!
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  15. I've been following China closely through the China Update channel (highly recommended) and don't think even the reduced IMF prediction is realistic. A recent poll of small business owners in China reveals that only 9% expect their business will survive this. Household wealth is rapidly evaporating. And this situation isn't "unprecedented" so much as unknown to most. The brutality of "3 years of difficulty" during Mao's reign is a precedent that may be repeating itself. For those interested in this history: https://www.youtube.com/watch?v=G2qvEu8ElrY
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  16. It appears that you didn't watch the video, or at least didn't finish the video before commenting.
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  17.  @azizsipahi8332  I didn't realize the salaries have been increased. That combined with the low interest rates must be driving the inflation. The cost of the salaries would have to be passed along to the consumers increasing the cost of goods and services.
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  18. China Update uploads daily and I highly recommend the channel for neutral reporting. You may find it useful for following the current situation. Best wishes for the safety of your wife's family.
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  19. Excellent video. I took lots of notes!
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  20.  @LightWingStudios  He's too smart to stay where He isn't wanted.
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  21. That's what Elon would do.
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  22. I’m one of the 2% of your audience and even I don’t care about handbags!
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  23. I predict the advent of "green tofu."
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  24. The news wrote the jokes for you in this one, Patrick!
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  25.  @azizsipahi8332  How?
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  26.  @hkchan1339  That's what I was thinking!
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  27. The top 5 importers of Russian coal are China, South Korea, Japan, Turkey, and Taiwan. The Netherlands, Germany, and Poland combined equal about what Russia exports to China.
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  28. Look at the chart at 11:45. Homes in OECD countries are still VASTLY more affordable in the USA.
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  29. Fuel and energy account for 53.8% of Russia's exports.
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  30. The best financial advice I heard when I began to invest: There are two things you need to guard against - fear and greed - IF you can avoid BOTH of those, you will be fine. I'm amazed at how many sales pitches appeal to both these days. It goes something like this: IMMINENT DOOM - BUT if you (whatever they're financial services/products they're selling), you can not only survive the collapse but become AMAZINGLY RICH IN NO TIME! I'm torn between laughing and crying and being angry at those who prey on others.
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  31. My first home, purchased 30 years ago, is turning out to be my “forever home” and I hope you will enjoy your purchase as much as I have mine!
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  32. And the guy with the crayons in his beard!
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  33. You can also go the other way: Therapist The rapist
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  34. Crypto should never be used as an adjective for assets.
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  35. "Three years of difficulty" 2.0
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  36.  @eforde2  That agenda goes beyond the US -
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  37. Does anyone know what is the building that collapses at 3:38 into this video?
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  38. For all those nearing retirement and a fixed income, food inflation is a RATIONAL cause for pessimism!
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  39. Which would escalate to fighting with nukes by the narcissists in charge of authoritarian regimes.
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  40. . . . I looked and saw a black horse, and he who sat on it holding a pair of scales in his hand. And I heard a voice in the midst of the four living creatures saying, “A quart of wheat for a day’s wage, and three quarts of barley for a day’s wage. . .” Revelation 6:5-6
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  41. I've always heard his name pronounced as MAD-off, but MADE-off is a perfect description! I love your humor.
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  42. And yet home affordability is FAR worse in 15 other countries. Take a look at the chart at 11:45! And that's just the OECD countries.
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  43. One day Patrick will use his RIGHT hand to gesture while speaking and then a bubble will finally deflate slowly. 😉
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