Comments by "Frederick Miles" (@frederickmiles8815) on "Currency Wars, The Dollar Attack On Chinese Corporations" video.

China will be the new Weimar - once they realize how over the barrel they are with dollar denominated debt they will have no choice but to print more in their own currency - and any dollar denominated bonds they issue will require crazy yields as their credit risk is becoming insanely high. Also, in terms of trade - what happens when their partners want dollars that the chinese cant afford? - Meaning their manufacturing / exporting may never recover to pre pandemic highs. - Great video btw
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@cherrygarciafan another aspect no one talks about outside of the large funds that track and report on China's meta-data is lack of clean water. Literally the lack of clean water is bigger hurdle than their demographic gap and failing monetary system. Also if Taiwan was at war and was able to take out the three gorge dam that would cripple China on a level that most cant realize. Most clean water and the agriculture is in the South, the power and mining / manufacturing is more or less in the northeast - if they lost the ability to provide clean water to the large nothern cities that would break their economy on a level not yet seen or understood.
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@kchall5 I was actually chatting with an army buddy (he went DOJ special agent i went banking) about the fact that no one knows how effective the Chinese military is and we do now authoritarian regimes are ubable to adjust course (since bad news doesnt travel up the chain well). I would not be shocked if Taiwan makes life miserable for the Chinese and targets key infrastructure in the process. This will either goes Winnie the Pooh to be overthrown or China to become more like N Korea.
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@benwlee agreed China really has two courses of action post economic collapse - waste for resources on internal control (becoming more like N Korea) or go to war; both options arent great for them. And I do see Vietnam and India winning big from China's downfall - and if Taiwan survives they will be huge and maybe Taiwan was ahead of the curve and more provinces break away.
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@benwlee correct and many of those projects just arent feasible; like the cant happen fast enough - even China fast comes at a very high cost - and without new capital flowing they will never be completed in time. I dont think the CCP realizes just how fragile the countries infrastructure truely is. They only thing they have left is manufacturing and precious metals - and manufacturing / shipping are on a steady decline going forward.
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@fmccloud if they dont pay back bond holders no one will buy new bond offering - their credit tanks. Without new capital flowing they cant finance exporting (as all trade partners want dollars no RMB/yuan) and they cant finance internal infrastructure solutions to their lack of clean water and power requirements. They dont have real currency due to peggy to USD - meaning if they cant raise new USD they have to increase pegging or decouple: both will lead to hyperinflation within their borders. The reason why large countries own US debt is due to their USD requirements tied to global trade as well as pristine collateral they require to finance investments.
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@kchall5 I totally agree and what is scarier is the the CCP is bound to make more bad decisions as none of the data they recieve is accurate or timely; meaning I dont see them even successfully invading Taiwan. Rather they will over play their hand (manufacturing, shipping, and precious metals) and botch their invasion plans. If Taiwan acts aggressively and quickly they could destroy much of China's infrastructure in the South that supports the north and take out much of their the CCP's navy. It is super sad so many young Chinese soldiers will die to Winnie the Pooh's total incompetence, he should have walked away years ago and his power grab has damned his people.
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@benwlee There is no GAAP in China - all major companies in China are pohnzi scheme's protected by the same corrupt politicians who are now going after them. I do feel bad for the workers and engineers in China and I wish I could snap my fingers and absrob them into the west - I would not want to be in China over the next decade; its going to get much, much worse.
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