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Every country with a central bank is in the same position as the US in this scene. Whoever owns the central bank; by default, owns whatever govt that they loan to. In other words ALL nations are bound to fail if one domino collapses.
@aluisiousАй бұрын
LOL the debt the USA carries isn't a "vulnerability," it's a time bomb. This debt can never be repaid. No one is dumb enough to believe it can be repaid. Everyone is just playing hot potato with a live grenade and hoping it goes off in someone else's hands.
@175924Ай бұрын
The US is finished but they refuse to recognize it
@user-wd4uf2sm5dАй бұрын
Today's date is May 18, 2024. National debt is 34 trillion and counting.
@100HasakeАй бұрын
They just did what he threatened to do today btw guys
@lc9245Ай бұрын
One of the unsaid consequence of 2008 was geopolitics. Much of “America’s enemies” today were awfully friendly in 2008. What changed? The ruling, rich and influential class of those countries had a lot of stakes in American financial system, and they still do. The effect of 2008 terrified them and instead of bowing to the globalisation umbrella, they seek to create or maintain alternatives, where they can maintain their wealth and stability in the face of destabilisation of the U.S financial system. Considering what followed the financial crisis: China changing its stance on international politics, rise of Xi, Putin returning to the lime light over Medvedev with more conservative stance. I won’t touch on the development in the Middle East as it’s too soon to comment on Israel going more conservative and Saudis being more independent from America’s umbrella. That’s how much 2008 shook the world. Even then, much of those countries still show up in Davos. They are all in the same club after all. Yet, I feel it’s such an under discussed part of the financial crisis. When it occurred, in my backwater country, the ripple caused a reversal of fortune for the ruling faction and slowly eroded their influence until they were usurped and ultimately purged by their rival.
@BrianJohnson-mm6odАй бұрын
The only constant in each of these movies is what the elites were willing to do to screw over the working class and then have their store bought politicians create fictional based laws and regulations to protect their criminal enterprises.
@williamcollins63762 ай бұрын
.....and we STILL to this day call them "our friends"! And China Joe bows to then every time he meets with these people! SMDH
@kromyzal2382 ай бұрын
14 years later the US debt has ballooned to $36 trillion.
@saturnv24193 ай бұрын
Worth pointing out China would never does that because it would eliminate their entire foreign cash reserves, essentially bankrupt their entire exporting market.
@ronherrera24644 ай бұрын
When the meltdown was about to happen the debt was about 10 trillion dollars. Today 15 years later the debt is reaching the 35 trillions dollars 3.5 times the amount compare to 2008 BRICS just need to keep growing and pull the plug and that threat would become a reality.
@wojciechgrodnicki63024 ай бұрын
The irony is those bonds were still safer than anything in China.
@CoC4Life-rs5qd3 ай бұрын
Not at that time.
@175924Ай бұрын
No at all
@red29775 ай бұрын
Maybe don't let foreign governments buy the US
@tuomaman28882 ай бұрын
Why not? These bonds have their debt in USD and USA can print infinite amount of money.
@mbaxter228 ай бұрын
Why don’t they just do this now? Might as well at this point.
@Blueeey7 ай бұрын
Because China’s investment in the US would be worthless. The two economies are heavily tied.
@the1onlynoob8 ай бұрын
Why is this a friendly reminder? Because in one swoop that the Chinese diplomat told the US that not only there is vulnerability in the US economy, he also told them there are entities (in this case, Russia) who are aware of it and wants to take advantage of it. He also told the US that China has not agreed to dumpster the US economy by agreeing to such a deal. He is also telling the US that should the situation worsen, there will be more and more entities that are looking to exploit this weakness at which point China may have to join to salvage their money, then it would be qoute 'nothing personal, just business'. He is telling the US diplomat about what is happening in the international market behind the backs of the Russians, and to warn them of the danger if nothing is done. This is why its a friendly reminder.
@sumerian885 ай бұрын
Well, now China is facing their own 2008 albeit in a somewhat different form and with their own lot of additional worsening factors.
@the1onlynoob4 ай бұрын
@@sumerian88 China's economy is foundamentally different from ours, not because they consume differently, or buys a lot of houses, or have less millionaires or whatever. The key difference is that Chinese giant companies, investment firms and other huge 'concentrations of wealth' cannot use their money to buy political power. There is no lobbying, no campaign contributions, and no independent FED making market driven decision on interest rate. This means that when faced with economic issues, their government is not limited in their solutions. It means that in response to a hypoethical 2008, they have enough people and can take much more precise actions and direct intervention actions than just printing the money and swapping out the bad debts. They can selectively guarantee consumers while letting developers and speculators lose money. They can go beyond limited liability and liquidate CEO assets for mistakes they make. They can simple appoint state owned companies to finish building projects that goes bankrupt. They can direct banks to simply 'revalue' real property and restructure debts for consumers whenever it make sense. Hell, they can even just put up forbearances against mortgages or just simply forgive a certain portion of mortgages. With unlimited regulatory power and the ability to make VERY careful tailored market regulations, China has been able to turn every big crisis into a small problem, turn small problem into a nothing. This is how they deflated Evergrande's real estate bubble over a year ago without causing a market crash. This is how they can simultaneously STOP all consumption of Japanese fish without causing huge disturbance for consumers. This is how they win trade wars against Trump. And this is why there have not been a single recession in China for almost 50 years.
@richardkim4264 күн бұрын
@@the1onlynoobare u phd student?
@catlikepizzagaming828010 ай бұрын
Let’s be honest, China would do it in a heartbeat if it was to their advantage
@starship309510 ай бұрын
Look at Biden and Ukraine!
@hephaestus636510 ай бұрын
Globalization is the worst thing humanity has done (besides social media). The world's finances should never have gotten this involved with one another. The financial industry in the US needs real, actual regulation; real, actual consequence for fraud (no one went to jail for the 2008 crisis?!?), and a reduction in what things a person can invest.
@sweeper197711 ай бұрын
This is just stupid. American sovereign debt is NOT a vulnerability but a strength. It's a financial hegemony US has been enjoying since ww2 victory. Why? Because any country holding American debt cannot hurt America without hurting itself first. America would show vulnerability if countries no longer buy American debt.
@seanwebb6057 ай бұрын
That's some empty blather.
@Mbbrog11 ай бұрын
Jesus, you think conversations like this happen nowadays?
@noel875811 ай бұрын
'PromoSM' 😇
@Traye76 Жыл бұрын
The system is built on constant growth. Nothing grows forever.
@realbuzzlightyear10 ай бұрын
I've been saying this for a while now. We also measure success with growth but everything has it's limit.
@TechCrazy Жыл бұрын
If they destroy American economy, their economy and others gets destroyed as well. Remember, it's all entangled beyong comprehension. The nations debt is not like your personal debt their scope, reach ,necessity and effects are completely different.
@markirish8907 Жыл бұрын
And biden fails us by raising it again...
@johnnyllooddte3415 Жыл бұрын
well,,, they failed
@flyingbullet53 Жыл бұрын
why they arent doing it now helping freind moscow ?
@rankoorovic7904 Жыл бұрын
Because Moscow sold almost all of theirs US bonds they are not even in the top 50 by amount of US debt they own.
@user-pt8og3ls5x Жыл бұрын
Have you watched the Margin Call? It's the same thing. When you are a big bond player, you can't suddenly dump all your bond without loss, especially when there is not enough buyers in the market.
@rankoorovic7904 Жыл бұрын
Actually i saw today that China is selling US bonds for a while now they haven't been dumping them fast.I was surprised by that honestly but seems to be happening just not that fast
@fred-gg Жыл бұрын
@@rankoorovic7904 cuz china wont sell it for a loss. USD itself is too big to fail.
@rankoorovic7904 Жыл бұрын
@@fred-gg China has been selling since 2018 Russia has basically sold all of it's US bonds
@joeculwell3246 Жыл бұрын
History has taught us that nothing is too big to fail! Including planet Earth!
@seanwebb6057 ай бұрын
The Earth will carry on for billions of years after we are gone. Humans are in danger. The Earth will recover from us.
@bdavidk1442 ай бұрын
Your statement is bold and a bit ignorant.
@isaacasunciongallardo9781 Жыл бұрын
China is capitalist not communist traitors to revolution
@mypeteskimo5307 Жыл бұрын
China will be the leader of the world
@ta5664 Жыл бұрын
America needs to create ways of being independent from these psychos
@ASK-ko9qx Жыл бұрын
Well then create your psychopathic ways in line with your economy. With the current economic situation you need to those psychos more than they do.
@MacNCheese69 Жыл бұрын
America and Europeans have always begged at China’s doorstep. There’s a reason they had to resort to using Opium to flood ancient China and then use guns like ghetto monkeys to break open the country for “trade” because they couldn’t come up with the goods on their own. You really think you can grow tea leaves in the middle of England? Never forget it wasn’t China who came to the west, it was the west who came to China over and over again.
@ta5664 Жыл бұрын
@@MacNCheese69 Let me guess your either a bot with fake followers, or your a legit CCP shill who wants to be in there favor.
@darthvadeth6290 Жыл бұрын
China saved the entire US economy in 2008. And a decade later, US started trade war, tech war, political ideological war, propaganda war, sanction war, etc...against the Chinese.
@deroski23 Жыл бұрын
This dude sounds like cnbc
@bluquant7098 Жыл бұрын
Not in a million years, but again I ask you, where is the crash? And why does the crowd always short at the bottom? CNBC IS the crowd. Thanks for your comment!
@brentstockton5742 Жыл бұрын
LOLOLOL
@brentstockton5742 Жыл бұрын
hahaha Tha's good!
@valeenoi2284 Жыл бұрын
15 years later, now China is getting closer to that edge. Look at their housing market. So much debt, so many empty apartments that are now getting devalued.
@rhettdemars9650 Жыл бұрын
Oh yeah it's coming soon........................
@inigobantok1579 Жыл бұрын
The housing bubble and the liquidity crisis happening with their banks is an 30 year time bomb waiting to happen
@valeenoi2284 Жыл бұрын
@@inigobantok1579 Look at you going places.
@realname4401 Жыл бұрын
Hot take: Based on the accuracy of every single western prediction for the Chinese economy for that last 20 years, I would bet on the exact opposite of what they say. This is purely empirical and has no logical basis, but they've been wrong so many times it's getting hard to put any faith in what they say. China is the land that failed to fail, with every pundit saying "Next year, I promise it's going to happen" for the last 20 years.
@valeenoi2284 Жыл бұрын
@@realname4401 Idiots read trash they happened to pick up on the Internet. Can't help you. Mid 2030's is when China will start seeing some trouble time. Their housing market is in sh*t water now.
@nicholassmith7984 Жыл бұрын
The greatest flaw in the modern Capitalist system is that it's entirely predicated on things going well; consistently and indefinately. It has absolutely no tools for handling crisis, especially of its own making.
@ericblount8429 Жыл бұрын
You have absolutely no clue what capitalism is if you genuinely believe your statement, no system in the world can predict things going well at all. Capitalism has never once relied on "things going well consistently" if that was the case then every single start up business in the world would have succeeded. You communist retards are so high on your delusion of grandious intellect that you cannot even step back and realise that the most basic shit you've ever said is the most incorrect statement that anyone with a 14 year olds grasp on capitalism would have pure spine tingling cringe
@ericblount8429 Жыл бұрын
Also if capitalism has no tools in handling a crisis then why are private businesses such as Wall mart and others handling aftermaths of hurricanes way more effectively than government spending programs
@ericblount8429 Жыл бұрын
DURR HURR MORE GOVERNMENT IS NEEDED
@nicholassmith7984 Жыл бұрын
@@ericblount8429 Better government is needed. The size needs be as large as is needed to govern effectively.
@nicholassmith7984 Жыл бұрын
@@ericblount8429 The government is under the capitalist system. If it's gaining no revenue and putting no resorces into disaster preparation, of course it's going to be flat-footed. Just look at Florida; railing ceaslessly against government, but then thrusts its hand out the moment the hurricane hit.
@fcukingsginvain1746 Жыл бұрын
WHILE US ARMY FIGHTING AGAINST ISLAMIC TERRORISTS, BACK HOME US GOVERNMENT ASKED SAUDI ARAB TO BAIL OUT LEHMAN & MERYLL LYNCH... BETRAYAL TO US ARMY WAHAHHAHHAHAAHHAHAHAHHAHAHHAHAHAHHAHHAHAHHAHAHAHHHAHAHAHAHHAHAHAHHAHA THEN HANK PAULSON INSISTED NOT TO BAIL OUT LEHMAN INSTEAD TURNED OUT BIG MISTAKES THEN BEG PELOSI ON HIS KNEES TO USE TAX PAYER MONEY 700 BILL(GATE)LIONS USD WAHAHAHAHHAHAHAHA WHY BALDY PEOPLE ALWAYS MAKE STUPID DECISIONS LIKE MY EX PAP@ IN LAWS & SINGAPOOR BABY SHANMU KENA SLAPPED BY LEE AH LOONG??? WAHAHHAHAHHAA
@godzillamothra5983 Жыл бұрын
RIP William Hurt
@IShallCallHimTaders2 жыл бұрын
Taking a threat from a country committing genocide, is like having a homeless man giving you financial advice.
@ooidaboi Жыл бұрын
All 3 of the countries in this video are allegedly involved in genocide in some capacity, it’s ironically unclear what you’re actually referring to LOL
@IShallCallHimTaders Жыл бұрын
@@ooidaboi Only one of them is currently committing it. OMGMEGALUL.
@ooidaboi Жыл бұрын
@@IShallCallHimTaders Russia is currently killing Ukrainians. The US has been displacing and bombing civilians in the Middle East for the last 2 decades. Please view geopolitics more objectively… you’re literally ignoring facts to maintain your biases.
@godzillamothra5983 Жыл бұрын
Genocide? I'm confused, the US is the one taking threat, right?
@tailgunner2 Жыл бұрын
Hate to say it, but who is more wealthy? A man that earns $300K a year, but 6 million in debt, or a homeless man with $12 and change in his pocket?
@ericwong42132 жыл бұрын
How US pay debt? - In the name of Democracy, God almighty!, Freedom, Global security, and National interest, US gov will freeze your asses! I mean assets! Iraq, Iran, Libya, Syria, Russia, and the list goes further where US no longer honor the debt and by US designed law, US gov no longer owe a penny to this nation. Now you know why China is unloading all US bonds to Saudi, Japan, S Korea because those piece of paper that said $800 billions on it, worth $0.
@ashleyornellas11982 жыл бұрын
I would have told China and Russia to do it. See who recovers first. America can bounce back if the slate was wiped clean. Those two countries would have civil war.
@thedon15702 жыл бұрын
Trump once again, proved RIGHT.🇺🇸🇺🇸🇺🇸
@rickcastellon90902 жыл бұрын
STFU. Dump declared bankruptcy 5 fucking times.....Not once.... FIVE times...
@isaacasunciongallardo9781 Жыл бұрын
Trump is dotard along with his orcs supporter thinking him like a messiah.
@thedon1570 Жыл бұрын
@@isaacasunciongallardo9781 we only speak English here Russian sorry
@isaacasunciongallardo9781 Жыл бұрын
@@thedon1570 prove that you don't have an iq
@christophertan3195 Жыл бұрын
LOL Hi bot
@danielserrano5912 жыл бұрын
bar nee
@steveno43242 жыл бұрын
Boy did this age well! The US public debt has gone well over 30 trillion USD and inflation is at about 15%.
@davorkarasic2 жыл бұрын
The inflation seems to be about 15%, a month ago, now is even worse...with a positive note: "the inflation is slowing down", what ever that means!
@paulmolter8656 Жыл бұрын
@@davorkarasic it did not slow down
@realname4401 Жыл бұрын
@@paulmolter8656 It stopped... What do you mean?
@paulmolter8656 Жыл бұрын
@@realname4401 food prices, rent prices, gas is still abnormally high i could go on
@realname4401 Жыл бұрын
@@paulmolter8656 Slow down means that inflation stays where it is, not returns to what it was years ago. Also pull out a calculator and see if those abnormally high prices are reasonable, many businesses are taking advantage of this to severely overcharge customers.
@footballspiritual97022 жыл бұрын
The Big Short..Margin Call...Too Big to Fail...in that order
@johanbartoli19752 ай бұрын
Why in that order?
@mnet1172 ай бұрын
@@johanbartoli1975because its in the order that the events unfolded irl I think
@javieraguilar185324 күн бұрын
Order in best movie of 08 crisis
@willinton062 жыл бұрын
This is a bluff, no one has the money to buy the bonds if they try to sell them, like, China is the second richest country on earth and they hold trillions in US bonds, if they tried to sell, who would have the money to buy them? They would crash the price of the bonds themselves, but they would be left holding most of them, so they would just fuck themselves, the US will pay them up, cause the can print money to pay their debts, if China and Russia did this they would fuck themselves
@dronutube66982 жыл бұрын
When you c 2 business entities talking, that’s NOT a threat, it’s business talk. Gentle dinner is ok-part of business, but sharing n reminding in which opponent gets clue as “threat,” that ain’t the right thing. Two strong legs have to support each other n remind themselves that they are strong holding human body.
@starguy27182 жыл бұрын
Winnie the Pooh, I mean Chairman Xi, is in this flick.
@mbaxter222 жыл бұрын
Does this vulnerability still exist, I wonder?
@the_expidition427 Жыл бұрын
Absolutely.
@gunnerhiro3942 жыл бұрын
This was a really good movie - like the Big Short and Margin Call.
@ashleyornellas11982 жыл бұрын
This is more of a propaganda movie. The Big Short was investors betting on red and calling down a bluff. Margin Call was a bank fully liquidating their assets to save itself. This movie is the government trying to convince people they made the right moves when in reality they just wanted a new monetary regime to gain more control and power.
@venchingfu Жыл бұрын
What movie is this?
@jinka6171 Жыл бұрын
@@venchingfu title…..Too Big to Fail….
@joshuaaudiedepositario3041 Жыл бұрын
Well, they are the 3 sides of investment. Bankers, Government, and Investors Really good movies. 😊
@drovid00810 ай бұрын
thank you, got any more movies similar to those three? I absolutely love the format and want to watch more movies similar to this.
Пікірлер
Every country with a central bank is in the same position as the US in this scene. Whoever owns the central bank; by default, owns whatever govt that they loan to. In other words ALL nations are bound to fail if one domino collapses.
LOL the debt the USA carries isn't a "vulnerability," it's a time bomb. This debt can never be repaid. No one is dumb enough to believe it can be repaid. Everyone is just playing hot potato with a live grenade and hoping it goes off in someone else's hands.
The US is finished but they refuse to recognize it
Today's date is May 18, 2024. National debt is 34 trillion and counting.
They just did what he threatened to do today btw guys
One of the unsaid consequence of 2008 was geopolitics. Much of “America’s enemies” today were awfully friendly in 2008. What changed? The ruling, rich and influential class of those countries had a lot of stakes in American financial system, and they still do. The effect of 2008 terrified them and instead of bowing to the globalisation umbrella, they seek to create or maintain alternatives, where they can maintain their wealth and stability in the face of destabilisation of the U.S financial system. Considering what followed the financial crisis: China changing its stance on international politics, rise of Xi, Putin returning to the lime light over Medvedev with more conservative stance. I won’t touch on the development in the Middle East as it’s too soon to comment on Israel going more conservative and Saudis being more independent from America’s umbrella. That’s how much 2008 shook the world. Even then, much of those countries still show up in Davos. They are all in the same club after all. Yet, I feel it’s such an under discussed part of the financial crisis. When it occurred, in my backwater country, the ripple caused a reversal of fortune for the ruling faction and slowly eroded their influence until they were usurped and ultimately purged by their rival.
The only constant in each of these movies is what the elites were willing to do to screw over the working class and then have their store bought politicians create fictional based laws and regulations to protect their criminal enterprises.
.....and we STILL to this day call them "our friends"! And China Joe bows to then every time he meets with these people! SMDH
14 years later the US debt has ballooned to $36 trillion.
Worth pointing out China would never does that because it would eliminate their entire foreign cash reserves, essentially bankrupt their entire exporting market.
When the meltdown was about to happen the debt was about 10 trillion dollars. Today 15 years later the debt is reaching the 35 trillions dollars 3.5 times the amount compare to 2008 BRICS just need to keep growing and pull the plug and that threat would become a reality.
The irony is those bonds were still safer than anything in China.
Not at that time.
No at all
Maybe don't let foreign governments buy the US
Why not? These bonds have their debt in USD and USA can print infinite amount of money.
Why don’t they just do this now? Might as well at this point.
Because China’s investment in the US would be worthless. The two economies are heavily tied.
Why is this a friendly reminder? Because in one swoop that the Chinese diplomat told the US that not only there is vulnerability in the US economy, he also told them there are entities (in this case, Russia) who are aware of it and wants to take advantage of it. He also told the US that China has not agreed to dumpster the US economy by agreeing to such a deal. He is also telling the US that should the situation worsen, there will be more and more entities that are looking to exploit this weakness at which point China may have to join to salvage their money, then it would be qoute 'nothing personal, just business'. He is telling the US diplomat about what is happening in the international market behind the backs of the Russians, and to warn them of the danger if nothing is done. This is why its a friendly reminder.
Well, now China is facing their own 2008 albeit in a somewhat different form and with their own lot of additional worsening factors.
@@sumerian88 China's economy is foundamentally different from ours, not because they consume differently, or buys a lot of houses, or have less millionaires or whatever. The key difference is that Chinese giant companies, investment firms and other huge 'concentrations of wealth' cannot use their money to buy political power. There is no lobbying, no campaign contributions, and no independent FED making market driven decision on interest rate. This means that when faced with economic issues, their government is not limited in their solutions. It means that in response to a hypoethical 2008, they have enough people and can take much more precise actions and direct intervention actions than just printing the money and swapping out the bad debts. They can selectively guarantee consumers while letting developers and speculators lose money. They can go beyond limited liability and liquidate CEO assets for mistakes they make. They can simple appoint state owned companies to finish building projects that goes bankrupt. They can direct banks to simply 'revalue' real property and restructure debts for consumers whenever it make sense. Hell, they can even just put up forbearances against mortgages or just simply forgive a certain portion of mortgages. With unlimited regulatory power and the ability to make VERY careful tailored market regulations, China has been able to turn every big crisis into a small problem, turn small problem into a nothing. This is how they deflated Evergrande's real estate bubble over a year ago without causing a market crash. This is how they can simultaneously STOP all consumption of Japanese fish without causing huge disturbance for consumers. This is how they win trade wars against Trump. And this is why there have not been a single recession in China for almost 50 years.
@@the1onlynoobare u phd student?
Let’s be honest, China would do it in a heartbeat if it was to their advantage
Look at Biden and Ukraine!
Globalization is the worst thing humanity has done (besides social media). The world's finances should never have gotten this involved with one another. The financial industry in the US needs real, actual regulation; real, actual consequence for fraud (no one went to jail for the 2008 crisis?!?), and a reduction in what things a person can invest.
This is just stupid. American sovereign debt is NOT a vulnerability but a strength. It's a financial hegemony US has been enjoying since ww2 victory. Why? Because any country holding American debt cannot hurt America without hurting itself first. America would show vulnerability if countries no longer buy American debt.
That's some empty blather.
Jesus, you think conversations like this happen nowadays?
'PromoSM' 😇
The system is built on constant growth. Nothing grows forever.
I've been saying this for a while now. We also measure success with growth but everything has it's limit.
If they destroy American economy, their economy and others gets destroyed as well. Remember, it's all entangled beyong comprehension. The nations debt is not like your personal debt their scope, reach ,necessity and effects are completely different.
And biden fails us by raising it again...
well,,, they failed
why they arent doing it now helping freind moscow ?
Because Moscow sold almost all of theirs US bonds they are not even in the top 50 by amount of US debt they own.
Have you watched the Margin Call? It's the same thing. When you are a big bond player, you can't suddenly dump all your bond without loss, especially when there is not enough buyers in the market.
Actually i saw today that China is selling US bonds for a while now they haven't been dumping them fast.I was surprised by that honestly but seems to be happening just not that fast
@@rankoorovic7904 cuz china wont sell it for a loss. USD itself is too big to fail.
@@fred-gg China has been selling since 2018 Russia has basically sold all of it's US bonds
History has taught us that nothing is too big to fail! Including planet Earth!
The Earth will carry on for billions of years after we are gone. Humans are in danger. The Earth will recover from us.
Your statement is bold and a bit ignorant.
China is capitalist not communist traitors to revolution
China will be the leader of the world
America needs to create ways of being independent from these psychos
Well then create your psychopathic ways in line with your economy. With the current economic situation you need to those psychos more than they do.
America and Europeans have always begged at China’s doorstep. There’s a reason they had to resort to using Opium to flood ancient China and then use guns like ghetto monkeys to break open the country for “trade” because they couldn’t come up with the goods on their own. You really think you can grow tea leaves in the middle of England? Never forget it wasn’t China who came to the west, it was the west who came to China over and over again.
@@MacNCheese69 Let me guess your either a bot with fake followers, or your a legit CCP shill who wants to be in there favor.
China saved the entire US economy in 2008. And a decade later, US started trade war, tech war, political ideological war, propaganda war, sanction war, etc...against the Chinese.
This dude sounds like cnbc
Not in a million years, but again I ask you, where is the crash? And why does the crowd always short at the bottom? CNBC IS the crowd. Thanks for your comment!
LOLOLOL
hahaha Tha's good!
15 years later, now China is getting closer to that edge. Look at their housing market. So much debt, so many empty apartments that are now getting devalued.
Oh yeah it's coming soon........................
The housing bubble and the liquidity crisis happening with their banks is an 30 year time bomb waiting to happen
@@inigobantok1579 Look at you going places.
Hot take: Based on the accuracy of every single western prediction for the Chinese economy for that last 20 years, I would bet on the exact opposite of what they say. This is purely empirical and has no logical basis, but they've been wrong so many times it's getting hard to put any faith in what they say. China is the land that failed to fail, with every pundit saying "Next year, I promise it's going to happen" for the last 20 years.
@@realname4401 Idiots read trash they happened to pick up on the Internet. Can't help you. Mid 2030's is when China will start seeing some trouble time. Their housing market is in sh*t water now.
The greatest flaw in the modern Capitalist system is that it's entirely predicated on things going well; consistently and indefinately. It has absolutely no tools for handling crisis, especially of its own making.
You have absolutely no clue what capitalism is if you genuinely believe your statement, no system in the world can predict things going well at all. Capitalism has never once relied on "things going well consistently" if that was the case then every single start up business in the world would have succeeded. You communist retards are so high on your delusion of grandious intellect that you cannot even step back and realise that the most basic shit you've ever said is the most incorrect statement that anyone with a 14 year olds grasp on capitalism would have pure spine tingling cringe
Also if capitalism has no tools in handling a crisis then why are private businesses such as Wall mart and others handling aftermaths of hurricanes way more effectively than government spending programs
DURR HURR MORE GOVERNMENT IS NEEDED
@@ericblount8429 Better government is needed. The size needs be as large as is needed to govern effectively.
@@ericblount8429 The government is under the capitalist system. If it's gaining no revenue and putting no resorces into disaster preparation, of course it's going to be flat-footed. Just look at Florida; railing ceaslessly against government, but then thrusts its hand out the moment the hurricane hit.
WHILE US ARMY FIGHTING AGAINST ISLAMIC TERRORISTS, BACK HOME US GOVERNMENT ASKED SAUDI ARAB TO BAIL OUT LEHMAN & MERYLL LYNCH... BETRAYAL TO US ARMY WAHAHHAHHAHAAHHAHAHAHHAHAHHAHAHAHHAHHAHAHHAHAHAHHHAHAHAHAHHAHAHAHHAHA THEN HANK PAULSON INSISTED NOT TO BAIL OUT LEHMAN INSTEAD TURNED OUT BIG MISTAKES THEN BEG PELOSI ON HIS KNEES TO USE TAX PAYER MONEY 700 BILL(GATE)LIONS USD WAHAHAHAHHAHAHAHA WHY BALDY PEOPLE ALWAYS MAKE STUPID DECISIONS LIKE MY EX PAP@ IN LAWS & SINGAPOOR BABY SHANMU KENA SLAPPED BY LEE AH LOONG??? WAHAHHAHAHHAA
RIP William Hurt
Taking a threat from a country committing genocide, is like having a homeless man giving you financial advice.
All 3 of the countries in this video are allegedly involved in genocide in some capacity, it’s ironically unclear what you’re actually referring to LOL
@@ooidaboi Only one of them is currently committing it. OMGMEGALUL.
@@IShallCallHimTaders Russia is currently killing Ukrainians. The US has been displacing and bombing civilians in the Middle East for the last 2 decades. Please view geopolitics more objectively… you’re literally ignoring facts to maintain your biases.
Genocide? I'm confused, the US is the one taking threat, right?
Hate to say it, but who is more wealthy? A man that earns $300K a year, but 6 million in debt, or a homeless man with $12 and change in his pocket?
How US pay debt? - In the name of Democracy, God almighty!, Freedom, Global security, and National interest, US gov will freeze your asses! I mean assets! Iraq, Iran, Libya, Syria, Russia, and the list goes further where US no longer honor the debt and by US designed law, US gov no longer owe a penny to this nation. Now you know why China is unloading all US bonds to Saudi, Japan, S Korea because those piece of paper that said $800 billions on it, worth $0.
I would have told China and Russia to do it. See who recovers first. America can bounce back if the slate was wiped clean. Those two countries would have civil war.
Trump once again, proved RIGHT.🇺🇸🇺🇸🇺🇸
STFU. Dump declared bankruptcy 5 fucking times.....Not once.... FIVE times...
Trump is dotard along with his orcs supporter thinking him like a messiah.
@@isaacasunciongallardo9781 we only speak English here Russian sorry
@@thedon1570 prove that you don't have an iq
LOL Hi bot
bar nee
Boy did this age well! The US public debt has gone well over 30 trillion USD and inflation is at about 15%.
The inflation seems to be about 15%, a month ago, now is even worse...with a positive note: "the inflation is slowing down", what ever that means!
@@davorkarasic it did not slow down
@@paulmolter8656 It stopped... What do you mean?
@@realname4401 food prices, rent prices, gas is still abnormally high i could go on
@@paulmolter8656 Slow down means that inflation stays where it is, not returns to what it was years ago. Also pull out a calculator and see if those abnormally high prices are reasonable, many businesses are taking advantage of this to severely overcharge customers.
The Big Short..Margin Call...Too Big to Fail...in that order
Why in that order?
@@johanbartoli1975because its in the order that the events unfolded irl I think
Order in best movie of 08 crisis
This is a bluff, no one has the money to buy the bonds if they try to sell them, like, China is the second richest country on earth and they hold trillions in US bonds, if they tried to sell, who would have the money to buy them? They would crash the price of the bonds themselves, but they would be left holding most of them, so they would just fuck themselves, the US will pay them up, cause the can print money to pay their debts, if China and Russia did this they would fuck themselves
When you c 2 business entities talking, that’s NOT a threat, it’s business talk. Gentle dinner is ok-part of business, but sharing n reminding in which opponent gets clue as “threat,” that ain’t the right thing. Two strong legs have to support each other n remind themselves that they are strong holding human body.
Winnie the Pooh, I mean Chairman Xi, is in this flick.
Does this vulnerability still exist, I wonder?
Absolutely.
This was a really good movie - like the Big Short and Margin Call.
This is more of a propaganda movie. The Big Short was investors betting on red and calling down a bluff. Margin Call was a bank fully liquidating their assets to save itself. This movie is the government trying to convince people they made the right moves when in reality they just wanted a new monetary regime to gain more control and power.
What movie is this?
@@venchingfu title…..Too Big to Fail….
Well, they are the 3 sides of investment. Bankers, Government, and Investors Really good movies. 😊
thank you, got any more movies similar to those three? I absolutely love the format and want to watch more movies similar to this.