Comments by "shazmosushi" (@shazmosushi) on "A Closer Look at Ant Group’s Micro-loans" video.

  1. When financial education is low (and regulations lax), the predatory lenders move in. It's a story as old as time.
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  2. I think it would be interesting hear your thoughts on China's money supply (as in M1/M2/M3), and its reserves. Knowing the Chinese Communist Party reputation, how can their central bank numbers ever be trusted? How much can the (fiat and gold) reserves of Chinese private banks even be trusted?
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  3. Interesting how China has become a nation of high consumer debt (and high corporate debt). The high household savings rate is completely offset by the lack of any decent pension system, and the sky-high cost of real-estate.
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  4. Some people think the US dollar (and all currencies in the post-1971 era) is the largest Ponzi scheme in history. That may be true, but the constant clamping down on capital flight from China indicates the US dollar is preferred over Mao-nopoly money. Hedge fund manager Kyle Bass had some interesting things to say about this on the Real Vision Finance YouTube podcast. He also did a thought-provoking show with exiled billionaire Guo Wengui, but I'm not sure how reliable Guo is as a source.
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