Jay Martin Show: Will Chin or US collapse first? Richard Wolff: ***** Nerizens Comments*****

DEBATE: Will China or the USA COLLAPSE first? [MUST WATCH] The Jay Martin Show 196K subscribers Subscribe 4.2K Share Download 97,652 views Sep 15, 2024 Today on the Jay Martin Show, Jay is joined by renowned economist and professor - Richard Wolff. Professor Wolff is the founder of Democracy at Work, host of Economic Update and teaches at the University of Massachusetts Amherst. In this interview we dive into the dynamics of U.S.-China competitiveness and explore the probable outcomes in the shifting global landscape. We compare the governance models of the three dominant powers over the past century: the Soviet Union's socialist system, the U.S.'s capitalist structure, and China's unique socialist-capitalist hybrid. A key focus is how China operates much like a corporation, with centralized vision and policy set by its leadership, while different levels of autonomy function similarly to executives, managers, and employees in a business. The Commodity University: https://thecommodityuniversity.com/ Sign up for my free weekly newsletter at https://jaymartin.substack.com/subscribe Be part of our online investment community: https://cambridgehouse.com / jaymartinbc / jaymartinbc / thejaymartinshow / cambridge-house-international 0:00 - Intro 1:06 - U.S. - China Competitiveness 10:05 - China's Hybrid Economic System Explained 15:23 - Centralized vs. Decentralized Economies 17:13 - U.S., Soviet Union, and China's Governance Models Compared 20:18 - China's Use of Western Technology 29:00 - Lessons from China’s Corporate-Like Structure 32:15 - The U.S. Military’s Global Role 39:20 - Economic Consequences of Brexit and U.S. Isolationism 49:12 - The Potential for a Multipolar Peaceful World 51:20 - Parallels Between U.S. Independence and China’s Rise 55:35 - The Future of Global Competition and Leadership Copyright © 2024 Cambridge House International Inc. All rights reserved. Chapters View all Music 1 songs Sunset n Beachz Ofshane Sunset n Beachz Music Transcript Follow along using the transcript. Show transcript The Jay Martin Show 196K subscribers Videos About Twitter Instagram 1,426 Comments Eng Lam Yeo Add a comment... @SilverFox-p8h 2 days ago Americans are so lucky, they for times since unknown, they don’t suffer wars from another country, yet they go around inflicting wars on so many. 371 Reply 41 replies @IanFong-mt4yp 2 days ago Never ever bet against China; they are BRICS and have the support of the global south (85% of world population).We in the west have enjoyed a high standard, high quality of life because of Made in China. While they want the world to prosper through cooperation, the U.S confronts, with economic and military wars. Imagine the increased prosperity of the worlds two greatest economies working together to also benefit many other countries. Thanks Richard and Jay for the incredible interview. 107 Reply 7 replies @asetiawan73 2 days ago As an indonesian 1st time visited USA in 1989 still in high school and think wow a great and advanced country, on the flight back home stop over in Hk and cross to china and see it as a poor country. Second time 2005 when to china on trade mission and I saw the economics boom changing shenzhen. Since then travel regularly to china, fast forward to 2022 the last time visited usa i can see which country is in decline and which winning 170 Reply 14 replies @xin8318 2 days ago I was born in the West and have been living in Hong Kong for 40 years. The first time I visited Mainland China was in 1988 and have done so every year since, except for during the pandemic. I have seen the miracle and it never ceases to amaze me. It amuses me to read the things prople say about China who have never been there. Professor Wolf’s analysis is spot on and one of the best I have ever heard. 329 Reply 17 replies @_Wai_Wai_ 2 days ago China in the early to mid 1800s was a large populated empire with around 400 million people and an economy around 25% of global gdp. Chinese silk, tea and porcelain were luxury goods that Europeans all wanted. European trade with China was pretty much a one way street, until the British managed to smuggle opium into China. If not for the devastating Taiping rebellion China would have been strong enough to resist Western invasions. 61 Reply 3 replies @ambconstrucao3770 2 days ago The Chinese are disciplined, hardworking, goal driven people. 280 Reply 16 replies @KC-lc8dx 2 days ago I can't even believe that you're even questioning this, just spent a week in California, note I lived there for years, filthy airports and public services, clearly in decline 209 Reply 14 replies @AnnieT369 2 days ago They are lunatics in Washington. 75 Reply 5 replies @pakjai5532 2 days ago Regrettably, the United States might be the first to face collapse. As an immigrant nation, it deals with social, racial, and religious challenges akin to those in Europe. The country also struggles with homelessness, drug abuse, and overwhelming national debt. Once vital, the manufacturing sector has diminished, resulting in lost competitiveness and declining sales. Successive governments have failed to address these issues, exacerbating the decline with nonsensical isolationist policies. 118 Reply 12 replies @theo7326 2 days ago The Chinese system is the best in the world for the everage people because they raised 840 million people out of poverty in 40 years that is an achievement never seen in the world. 110 Reply 7 replies @lc1668 2 days ago The difference between the two countries, is China gets the best persons as their leaders, USA does the opposite. 86 Reply 5 replies @dstnrunner 2 days ago I have traveled across China from east to west, north to south. Even in small towns in the far west or the north, there is a super modern bus/train station served by high speed train. The average Chinese urban resident who 30 years ago could barely afford a refrigerator, now travels to Paris and shops at Louis Vuitton. 214 Reply 59 replies @waichui2988 2 days ago To those who fantasize that China will collapse: I recommend that you get a different fantasy, a more pleasant fantasy. How about fantasizing yourself winning the lottery twenty times in a row? 189 Reply 25 replies @parttimethinker7611 2 days ago (edited) Most third world countries have 100% tariffs on imported cars for decades The tariffs never improved their manufacturing capabilities. Is America becoming a third world country? 56 Reply 3 replies @LL-rm8xt 2 days ago (edited) Jay, correction, century of humiliation was NOT caused by civil war in China, the civil war was a result of the century of humiliation. Century of humiliation was caused by the UK, France, Japan, US, etc trying to carve up China, look up the opium wars. Not sure if you were being disingenuous or just misinformed 22 Reply 1 reply @eduxvaii 1 day ago Given the persisting global economic crisis, it's essential for individuals to focus on diversifying their income streams independent of governmental reliance. This involves exploring options such as stocks, gold, silver, and digital currencies. Despite the adversity in the economy, now is an opportune moment to contemplate these investment avenues. 207 Reply 5 replies @julians472 2 days ago Brilliant Show! Professor Wolff,Professor Sachs,and Professor Hudson are simply the best! 22 Reply @theo7326 2 days ago Richard Wolff is a exelent economist and very intelligent. 17 Reply @YCHTT 2 days ago This has nothing to do with China but on the part of US led West only. China can be substituted with another country and would have the same outcome. It is simply the outcome that an imperialist empire and its mafia gangs are going all their way to crash any possible rise of nations or a nation, in this case China, that have been successful with having alternatives to all form of its national developments (from economic, military, science, technologies etc.) without subservient to the imperialist system that has been imposed upon to the world. This main video should be focused on talking about why should US led West still being an imperialist empire and why it is constantly forcing every country to be subservient to it instead of being a responsible country and contribute to peace and human prosperity for all (and not the usual benevolence doublespeak bs). Anyone thinks otherwise are being so brainwash and indoctrinated about the core problem. Instead of trying to condemn the thieves, you are focusing on the victims. 23 Reply 2 replies @fatchiapk8706 2 days ago (edited) “What can carry you forward also can drag you down”-Chinese old saying is “Water can made a boat float also can made a boat sink…水能载舟 亦能覆舟”. 59 Reply 3 replies @birdpainter452 2 days ago One of the biggest factors not discussed to a larger degree is the cultural factor. Individuality is treasured in the US ( although fading fast) , in China, it’s the greater community. Because of that, there is a greater national unity in China to get things done. 25 Reply @AntiwarObserver 2 days ago (edited) In a nutshell, China is a socialist market economy, it's a mixed economy. The governmental structure facilitates centralized national planning and administration is decentralized at lower levels. Policy consultation comes through democratic processes at grass-roots level, bottom-up. China isn't anti-capitalists but capitalism is on a leash as the state doesn't allow capitalism to dictate the direction of the country. What you might find interesting the west learned a lot from the Chinese for centuries until the industrial revolution that spurred the west ahead, today the western companies that go to China are finding it difficult to compete with local companies, China has developed in many areas beyond what western companies can offer. 52 Reply 24 replies @dazedhavoc 2 days ago We can’t compete with the Chinese. 118 Reply 14 replies @Dikrad-bh5tm 2 days ago Hooray for my name sake professor Richard Wolff Far as I know he has not said one word wrong about America or China. Urrah, urrah, urrah!!! 27 Reply @anthonyhon2682 2 days ago My big thanks to Prof Wolff who opened my eyesight. Excellent insight indeed. 18 Reply @Radio39628 2 days ago 6:41 so, if we the citizens have to pay the tariffs, how does this hurt the Chinese. They are still getting their money 74 Reply 6 replies @PK-nb9ph 2 days ago (edited) Great guest (Janet yellen’s classmste!), and excellent content. In this chaotic world with great geopolitical tension, to NOT become the victim of fake news and propaganda, even from our long-trusted mainstream media unfortunately, it is ever more important to listen to guests like professor Wolff, who can give us the framework, context, and historical background to understand for ourselves what is really going on in the world. Thanks Jay!. (And please invite him back and more guests like him, professor Jeffery Sacks from Columbia University and Yanis Varoufakis, the ex- Greek finance minister, who recently just published a book ‘Techno Feudalism’, are two I can think of who are immensely knowledgeable and experienced.) 53 Reply 2 replies @valerietweedie4376 2 days ago Jay, I don't know if you will read this but I have to say, this is the very best interview you have ever given! And you give good interviews. You ask great questions and allow your guest to answer in detail. Well done! 47 Reply @soothsayer2406 2 days ago Awesome content and guest 37 Reply @Time4Peace 1 day ago The collapse of either country is not something to be celebrated. Both countries are intensively connected to the rest of the world. We cannot have the 'us vs them' mindset. China is not the enemy. It has repeatedly said that it wants to a friend and collaborate with any country (including the US) to grow together, to deal with poverty and other existential threats like climate change, AI and nuclear weapons. No nation, including the US, would like to be encircled by 200 or more hostile military bases, have its coastlines patroled regularly, threatened with sea blockade of its trade routes in the seas off its coastlines by regular hostile navy exercises. Even more critical is seeing a part of its country being armed and encouraged to go independent. And then branded as aggressive, expansionist, and a threat to the world. The US, and the world, is stronger with China as a friend rather than treating it as the enemy. 5 Reply @BrandyHeng007 2 days ago God of Wealth vs Satan of Debts-Deaths. 159 countries support God of Wealth 59 Reply 6 replies @waterdragonclan9108 2 days ago Thank you Jay and Richard. I learn so much from Richard wolff. Glad I found this channel. 16 Reply @IEtoileFilanteI 2 days ago To all the hawkish Americans, do you think we can survive nuclear armageddon? Because Chinese and Russians are ok with going that far if it goes that way. We're an individualist society and it's gonna look like Walking Dead over here, but the collectivist societies will know how to rebuild because they've gone through the exercise of total destruction multiple times already. Wish we could just get along with everyone and be a great nation among nations instead of pursuing the "we own you so obey" policy. 74 Reply 25 replies @theo7326 2 days ago The professor lays it out and makes it look so easy but the chinese have the system and the discipline to make their plans happen and I admire that so much I have to go to China to see it with my own eyes. 13 Reply 2 replies @joethao2161 2 days ago Awesome show… Great guest Jay!!! Pro. Wolf and Pro. Jeffrey Sachs are both very very intelligent. 65 Reply 3 replies @alexiapons2883 2 days ago 1421, The Year China Discovered America by Gavin Menzies. Wonderful book, good illustrations and photos. 14 Reply 1 reply @stefanschouteden5196 2 days ago Whenever Richard is having these wonderful, insightful interviews, I just wonder how many people INSIDE the US (or Canada) are following his discussions. Here in the South and East (and probably in certain parts of Europe), people are listening and appreciating his comments and views. Bottomline is the fact that the Western 'leadership' has become violently pathetic for that matter. What should have been a high level US national debate, has become a giant comedy show for the rest of the planet, with an associated sense of fear and hopelessness for the future. 4 Reply @bjung8858 1 day ago When the PRC first decided to change its economic approach, it was poor and didn't know how the Western System worked. China opened Special Economic Zones to test its plans while China prepared. The US sent some of its best businessmen to acquire benefits. But the Chinese sent its best business minded people to negotiate, and the Americans left empty handed or with ( to the Chinese view) a fair deal. Then the Chinese studied the HK, Singapore, Korean, Japanese approach and adopted this. This policy got China to where it is now. Where from here? BRICS. The World is sick and tired of the US and Western Imperialism. China's approach is benefitting Africa and the rest of the World. Later, the US and Europe will be contained and isolated. Europe will turn against the US as China did to the Soviet Union. Then, the US will implode like the Soviet Union from its own toxicity. 2 Reply @AliceBucura 2 days ago I came across your channel through this video- case studies are incredibly valuable, and I'm eager to see more in the future! Building wealth involves establishing routines, like consistently setting aside funds at regular intervals for smart investments. 69 Reply 17 replies @thunderdragon888 2 days ago (edited) China is definitely going to be numba one or if not already one.... 6 Reply @Artificial_Intel_83 2 days ago China raised on US technology just as the US raised on the WW2 German technology...paterns... 3 Reply @larrysherk 2 days ago You ask: "Who will collapse first?" What kind of question is this, when China is clearly in a steep ascent and the United States is just as clearly in a steep descent? 2 Reply @rogerboniface8086 2 days ago The Chinese economy is much larger than the S. Korean economy. China has a larger poverty base to start with. Singapore has the same political and economic system as China. China actually copied the Singapore model of the early 1970's. China is just a giant Singapore. Both nations have one party rule. 4 Reply @annaweiers2947 2 days ago So smart of you to have Richard Wolff on , he’s absolutely the best, I follow him often 🇨🇦 24 Reply 1 reply @wohetang 2 days ago $20K, I got the BYD Song Plus. It is the best car and Teslas look like an idiot's buy:() 8 Reply @roslanalwi5490 2 days ago Let them talk bad about China /Russian . Chinese and Russian they are smart people in the this modern world 6 Reply @RickStephens-if3wr 2 days ago In the mid 90s I went to a seminar in San Diego got an invitation to listen to Arthur Laffer I got down there I dress pretty casual. Everybody in the audience was in a suit so I sat in the back so I wouldn’t get arrested everything he said about China and the Konomi actually happened and it’s happening right now it’s a China can destroy Ford motor company, GM Chrysler Honda Toyota and this is why I won’t go into what he said but everything he said that day has come true thanks, Rick 5 Reply @Pharoacious 2 days ago I studied under Wolff and am following his work 20 years later. A great American mind. 2 Reply @titanxie5579 2 days ago Why one of the two has to collapse? Can people co-exist? 12 Reply 8 replies @kariminalo979 1 day ago Answer: The EU. America, BRICS and CANZUK could balance just fine, but Europe cannot sustain without effective military guarantees protecting their much needed supply chains in the global south. 1 Reply @watchman835 2 days ago China’s greatest long term issue is its aging demographics, without that US might as well just yield now. 8 Reply 7 replies @gregorylumpkin2128 2 days ago China will not collapse. They've been going for centuries and have a vibrant and peaceful lifestyle in addition to other attributes mentioned below. 1 Reply @bloglivethehighve 2 days ago Can americans live with a dolar a day? Chinese can ! 4 Reply 1 reply @Beverley-v7e 9 hours ago I went to China in 1986. There was one shop for visitors and one shop for them. Neither shop had hardly any stock. Coca Cola had just arrived and everyone at midnight was standing in the street staring at the Coca Cola stand but no one had any money to buy it. They loved my orange shoes and dress, everyone else was in grey suits. Forty years later they have built a montroprulous. China has now collapsed under the weight of its debt, rather like the rest of the country’s. Covid 19 caused the debt and if China doesn’t pull off the electric cars, cheap to the world we are going to experience the biggest downturn in history. You don’t have to be an economist to work it out, Blind Freddy can see it. . 1 Reply 1 reply @akzoc 2 days ago This is a much better and more serious video than the click bait title would suggest. Very insightful on Chinese hybrid system of free enterprise and CCP planning. 10 Reply @orthodoxNPC 2 days ago 30:32 it only costs the AmericanMachine $52 billion to maintain 800 bases. 5 Reply 1 reply @lavendereucalyptus3225 1 day ago (edited) Prof Wolff is a well of knowledge and his analysis is SPOT ON! Thank you for inviting Prof Wolff and having such in-depth educational dialogue. 1 Reply @mave2207 2 days ago Great guest, thank you! 4 Reply @kkhan1823 2 days ago My dear, it's mentioned in the bible that the yellow race will rule the world. China 🇨🇳 and Russia 🇷🇺 are the greatest power's in the world. Simples 2 Reply @garycronin1469 2 days ago L. Groman claims that a gold standard (phased In) could allow for all main players to win without major war? That may be a good talking point. If you think a little poverty is bad..try war... and you'll learn. 6 Reply @huseyinbolukbasi7582 2 days ago No, I'am sorry but I desagree. Europe, especially Germany, is not watching the decline of US with "Schadenfreude" but are willingly sinking with it. The EU decided also to put tariffs on Chinese E-vehicles and so following US policy knowing this is against their interrests. 2 Reply @chonghangan1768 2 days ago I see China wasn't trying to compete but keep developing and manufacturing to strive better and better. The west esp. US see it as a competion because China's economies is getting stronger and stronger. Chinese government (Communist) is much more efficient than democratic system as they gets things done almost immediately than going on debating forever in the end things don't get done at all becos of too much opposition. The west is just tasting the grape sour and jealous over others success thats all. Prof. Wolf says it all. Any country will try its best way to produce the cheapest. Everyone see these but the west & US just could not accept it....a sorrow pill to swallow. Instead of working together to improve, trying to kill others (by sanctioning) is going for a sucidal feat. In the end the BRICS+ countries is going to be rich countries. 4 Reply @roboldx9171 1 hour ago Today, the USA; yesterday, the UK; and tomorrow, China. The centers of innovation are always in flux—nothing remains static or fossilized. The U.S. needs to accept this and learn from the mistakes the UK made that led to the demise of its empire. There's nothing to be done but to go with the flow and accept that the ball has been dropped, and someone else has picked it up. The rush for riches at the expense of others is nothing new—empires have risen and inevitably fallen based on that capitalist model. We need to change the way we approach capitalism. Reply @ongoingnews 2 days ago Brilliant @Jay 6 Reply @KC-lc8dx 1 day ago Prof Wolff at his best 1 Reply @joysachs9032 2 days ago Great discussion. Thanks. 5 Reply @charlesyang4923 2 days ago The model of successful development provided by the West is NO longer attractive, in fact deceitful itself, to the global south, so did the so claimed the western value such as ruled-based order, human right, democracy, freedom of speech, … etc for one reason and one reason only which is the West failed to dress themselves up as a role model to learn from. Beyond the West had already lost its status as shining light of the hill or paradigm, the sad part of the story is the West is still preaching others how to run their states that is something global south countries would NOT pay a serious look at all. 2 Reply 2 replies @dave8212 2 days ago Thanks Jay, awesome content from Richard! 3 Reply @tommylynn4270 2 days ago A word about immigration….I’m a small businessman in commercial tire sales and I’m out every day calling on other small businesses in the lumber industry. I don’t meet anyone who is against immigration, we welcome anyone that is willing to do physical work regardless of race or gender . I’m 65 and wore out from a lifetime of hard work and need competent employees .We just want an orderly and competent immigration policy. Vetting illegal immigrates after they get here causes nothing but chaos. It’s either being allowed because of ignorance and incompetence or on purpose, I don’t know which . Reply @kcevol 2 days ago Why not make another show where we point out if China and US cooperate, the humanity win! If they don't, what will be the consequence! 21 Reply 10 replies @gizmocat6990 2 days ago (edited) I like this "piece of Hollywood theater". I would name it "United Kingdoom". 2 Reply @austinbar 10 hours ago The economic crisis and down-turn are all the signs of 2008 market crash 2.0, so my question is do I still save in the US dollar or is it okay to move all emergency and savings to precious metals?? 5 Reply 5 replies @ibrahimvestin1901 9 hours ago The Germans fought well in WWI despite French mustard gas and the American “Spanish flue” and yet were decapitated and lost the peace Versailles 1919. Today we see the same thing in the world. Reply @BV-fr8bf 2 days ago regarding the hyperbole. We have seen economies resurrected in very fast order Germany, Japan and South Korea come to mind. The professor is surprised regarding the rise of China, but it's been ongoing growth for nearly 50 years! 6 Reply 8 replies @annanyone8553 16 hours ago USA will for sure. 1 Reply @theox73 2 days ago china survive more than 5000 yrs. china is one of the oldest civilization in the world. 17 Reply 2 replies @liaojohnweechun7454 2 days ago WHAT A BEAUTIFUL INTELLECTUAL AND CONSTRUCTIVE CONVERSATIONS VIDEO. CAN'T GET ENOUGH OF PROFESSOR WOLFS ANALYSIS AND ANEKDOTEN. BRILLIANT ️ 2 Reply @19battlehill 2 days ago Fear mongering. 5 Reply 2 replies @dunzhen 1 day ago If it's between Chinese or Americans, Chinese deserve high standards of living. They've worked so bitterly and honestly for what they have. They're not rolling around in blood money Reply @BobHaikou 2 days ago An excellent guest! Now get Michael Hudson. 4 Reply 1 reply @ricotheman8139 5 hours ago Pro.Wolff is so brilliant. Total respect 2 Reply @XZSBA 3 hours ago China spending in tech.and USA spending in propoganda. 2 Reply @heleny498 4 hours ago A man with wisdom. China and the U.S. should seek equilibrium, not animosity. Together, they can build a better world for all. Americans should seek to understand China more deeply, beyond propaganda. 1 Reply @richardlamos1436 6 hours ago Tariffs don't work , never did 3 Reply @petersmith-yg7me 14 hours ago US playing a blinder . Shortest lived empire in history. 1 Reply @derishabib1219 18 hours ago US is literally shitting bricks because of BRICS 1 Reply @alimmuhammad9275 2 days ago USA is doing what the British did by leaving EU. They too will suffer isolation and declining economy. The right way is to compete and not create a technology curtain. 1 Reply @Aramsa-Khan 12 hours ago It is not about socialist capitalist. You can put any system. If the people are incompetence, lazy and greedy, it ain't going to work. The Chinese are unique people, humble and made a decision to learn and work hard. Their achievements are sheer hard work, enterprising and and sacrifice of the people. Not everyone can achieve this meteoric rise like the Chinese, not even the USA. 2 Reply @thehungergames8918 1 day ago The east is rising, the west ️‍ is sinking 2 Reply @jojo4061 1 day ago For five thousand years, China has been on the table, and the US is just a new player. Hope he can hold on a little longer. 1 Reply @yaphonghor4409 22 hours ago Wolff is correct, China concentrate its energy in the past 40 odd years to develop its economy to what it is today! The Chinese leadership cares for the general population, not trying to produce just a few billionaires! The nation as whole matters!!! 1 Reply @sedaterkoglu2241 1 day ago Yes, US was very good with technology last 80 years. However, China has thousands of things firstly produced, found in China. What I am trying to say is US has done great job with history like never exists before it. China was always a big country and always strong even if it was technically behind. 1 Reply @dzloki 2 days ago One of the best use of Prof. Wolfe’s time, great questions and wake up call… now who is teaching this to our politicians and Military? 1 Reply @linhe3405 2 days ago Judging by this show. The people of United States are actually very observant and reflective people. From the perspective of a country, being good at observing and learning always has a better future than being fond of subjugating others by force. But the inertia of the United States bus is too great, and there is almost no force to pull it. It's already on the verge of spiraling out of control. The wars that are taking place and being going on in the world have always warned the Chinese: We must unite and struggle. It is foreseeable how much the world will change in the near future! 2 Reply @aschalewfekede4118 2 days ago Prof.Richard Wolff: I always follow you wherever you're a guest. 4 Reply @XD-pd9tc 2 days ago what a pleasure to hear people with sane mind. 2 Reply @valerietweedie4376 3 days ago Richard Wolff is a superstar. I totally trust him. 18 Reply 3 replies @lavendereucalyptus3225 2 days ago (edited) It’s unfortunate US government administration doesn’t use good sensible economists like Prof Wolff or Prof Jeffrey Sachs as their economic advisors. 1 Reply @KC-lc8dx 3 days ago Love Prof Wolff!!!! 27 Reply 1 reply @michaelfoley3777 20 hours ago Brilliant thanks for having this extremely brilliant on your programme! Professor Wolff is,without doubt,a very Brilliant professor of economics,& it is wonderful to hear his analysis!!! Thanks! Most Sincerely Michael Foley 1 Reply @chanoliverkumyun9123 25 minutes ago The problem in the US is that those politicians in control grew up in the era of US ultimate dominance, and now cannot accept that times have changed. Reply @YoRock1976 3 days ago (edited) I disagree with Professor Wolff when he dismisses outright that tens of millions of immigrants illegally entering into the US. have no negative economic impact on our country. Leaving aside the political and sociological consequences of this mass migration, the economic consequences are an increase in demand for local services and finite resources. This increase in demand is not accompanied by an increase in revenue, which results in straining the quality and availability of services provided by schools, hospitals and law enforcement agencies, to name just a few. Accordingly, state and local governments must become increasingly reliant on the financial assistance of the federal government in order to function, which I believe is one of multiple reasons globalist elites are driving this influx of immigrants into the US and Western Europe. 5 Reply 2 replies @cat6th363 2 days ago I can't help to feel envious of Prof. Wolff student's. Lately most teachers are there because of nepotism, they rely on AI to teach and twist concepts so you can't understand not give good questions. Thank you so much for the knowledge you shared freely to us. 1 Reply @sharkamov 2 days ago Professor Wolff is basing his analysis on stark naked facts – couple that to his formidable knowledge and understanding of past history, you end up with someone critically important to listen to! . . . Profound respect & genuine admiration goes out here, from the corrupt, quisling US vassal state of Norway! 2 Reply @Arcy0429 2 hours ago Learned a lot again from my favorite Professor Richard Wolff, thank you, Sir! Reply @MrKlipstar 2 days ago USA Union Stooges of Amerikkka 2 Reply @adrianthompson7033 2 days ago Don't you just love Pof Richard 's wisdom and honesty, I always find him engaging. G'day Richard, it appears you're popping up all over the place. Fantastic. 1 Reply @kw2117 2 days ago US playing poker, except they are no longer the banker in the casino 5 Reply @mrodjito6861 2 days ago I am amazed at your knowledge of China Jay. This is a great conversation, learn a lot, thank you 6 Reply @frolicsomgaiety 2 hours ago Nowadays, the US economy is as “centralized” as the Soviet, such is the financial sector’s ability to wield the power of the state Reply @jaycolucci5989 2 days ago Fantastic Interview! Please have the professor back soon. 1 Reply @lorascelsi8102 2 days ago (edited) dC politicians are inhuman these days. The decisions made in that city of dC are causing nothing but grief for average American and the world. Term limits needed for all political employees. 3 Reply 2 replies @costaselgreco 3 hours ago Superb guest! Thank you. 1 Reply @skywire5595 18 hours ago Great guest to have Prof . Wolff knowledgeable person Reply @outsidewell6932 2 days ago meanwhile American brand products are still the most popular brand in China from household items Tide, Colgate, Crest etc., sports wear Nike, Starbucks, iPhones, Tesla, etc. to US stock market. make you think who is a free economy. 1 Reply @natn41r 2 days ago Always a pleasure to listen to prof Wolff. 1 Reply @dodemocracy2426 12 hours ago The word to me that makes all the difference is Intention. If your intention is to make profit you will only benefit the rich. This is ancient. If your intention is to provide for your people, then that is what you get. Reply @brevnobia1238 2 days ago As said Boileau "ce qui se conçoit bien s'énonce clairement" "what is well conceived is clearly stated" Richard Wolff has a clear mind and a skill to express in concise form Reply @JJ-gp3bo 3 days ago WOOOWW! PROF WOLFF! You rock Jay. thanks for bringing him on your show 15 Reply 1 reply @timothychung4811 3 days ago (edited) Why is this even a question? You have one country that has no more ability to grow vs. a nation that has ONLY LIFTED 850 MILLION OUT OF POVERTY WHILE THEY HAVE 1.4 BILLION. Do your math. The remaining population that is still poor would be 550 million OVER 200 MILLION MORE THAN THE US'S POPULATION. That is Indonesua and US combined that the Chinese have room to play with while taking those already beaten poverty to even higher standards. In other words, the US has coasted on fifth gear for quite a long time, and gas has run out in the tank. The Chinese are on 2nd gear, slowly shifting to third gear... 9 Reply 8 replies @gregoryedwards9097 1 day ago Another awesome interview. Great questions to follow up on Wolff. I will say though, George Friedman honestly sounds like a close friend of the elites. This man wrote the book about US and Japan going to war in 1991. It sounds like the preparation for war like they are doing with China right now, as China is in the very same position Japan was in the 80s. He also talked about how the US would dominate the 21st century. He just has a lot of the same characteristics as the guys who are bullish on the US yet blind to the real world, or possibly supporting the agenda, including Francis Fukuyama, Gordon G Chang and Peter Zeihan (Both been predicting the collapse of China for a decade at least lmao). Though he's successful, he's definitely not someone who I would trust in my opinion. 2 Reply @phil.s2245 2 days ago So plaguerised technology and slave wages are to be deemed a virtue. Lets all race to the bottom. Also when I heard references to the prodigal intellect of Janet yellen I started contagious laughter. 3 Reply @ibrahimvestin1901 20 hours ago There was no end of Roman Empire. The capital was moved to Byzantia, now Istanbool but in people’s mind nothing has happened, It exists and it thrives. It has oil discoveries in Libya and hope for the future. Reply @B.H90 3 days ago After watching this, then go watch Sen Josh Hawley intel CEO hearing! 3 Reply @hongmama1245 2 days ago Kudos to you Prof Wolff, able to see things as a fact without ego in the way. Reply @rogerburn5132 3 days ago Richard Wolff is one of the Best Western economist LIKE LIKE 🇺🇸 5 Reply @hamdel2965 3 days ago Great interview 4 Reply @masnur7007 17 hours ago (edited) I live in SE Asia, and i can say that though the ethnic Chinese are the minorities in ASEAN countries like Thailand, Malaysia, Indonesia, Myanmar, Cambodia etc the top 10 richest people in these countries are the ethnic Chinese or mixed (for example Chinoys in the Philippines). There's something about the Chinese that make them very business minded and entrepreneurs and very hard working. Reply @ddprepper5227 3 days ago Excellent report 12 Reply @Meowbay 2 days ago I expected it. So no, some saw it. China was never poor. Reply @IEtoileFilanteI 3 days ago Looks like HR 1157 is going full force in the comments 3 Reply 1 reply @aklimar2208 2 days ago Excellent discussion. Thank you 1 Reply @danielkurek7009 3 days ago In a centralized Marxist mindset you need economy / monetary policy / government control / structure In a decentralized free mindset you don't need any of that.. All of these over complex systems of dystopian control over the masses literally don't even need to exist! Build your own, produce your own, grow your own.. then you only need to work if you want or choose to but you don't have to. Your time and your skills and your knowledge are your most valuable asset.. Stop chasing wealth and currency that is literally devaluing at a faster rate than you can make it get off grid self-sufficient self-reliant and you'll have no need for currency at all. 11 Reply 5 replies @charlesyang4923 2 days ago It pays American more interest to set up and respect norms for multilateralism and multi-institutionism when American leadership can rationally considering there may exist a day when American can NO longer dominate the globe which is a flashing sign obvious to all of us today. This helps setting up rules and preserve American interest in a multipolar world or even preventing any future day hegemon may do when dominating the world. 1 Reply 1 reply @Utopia_YT 3 days ago (edited) Very little substance and a lot of leftoid gibberish. The reason China has successfully developed is because it has a high average population IQ (ca. 105) and a unified ethnocentric population under a national conservative government that implemented a market economy with strategic state subsidies/tariffs. A classical "national economy" a la Friedrich List. 5 Reply 2 replies @williamnemmers2583 2 days ago It's kind of like China had the opposite approach economically, when they opened up to the west, than Japan. Reply @karleells6540 3 days ago Imagine the level of stupidity it takes to be a socialist economist? And notice Richard doesn’t live under socialism does he? Nope. 4 Reply 5 replies @WeAretheWorld89 2 days ago BYD - Stands for Build Your Dream Reply @Ric244 3 days ago This guy is full of too much anger I can't listen to him, better to raise your argument not your voice. 3 Reply @Rainy_Day12234 2 days ago China isn’t purposely destroying their society and economy like Washington DC. Reply @helenkessler6012 3 days ago Cripes Jay. This one sucked even by Canadian standards. 4 Reply @jorgeluissagautemesina 1 day ago This is not boxing. As I understand boxing is all americans can understand , I must say that this, is war. War means the loser perish and the winner perdures. Reply @FreeSpeech4All 3 days ago Lol! Yeah... this was a waste of my time. Nothing useful here other than reinforcing why we, the people, need to keep these academics... that produce absolutely nothing of value... away from any and all levers of power. This is why the university systems are dying. I would think your time would be more valuable than this, Jay. 8 Reply 3 replies @yngvesognen1092 2 days ago Marc Faber made the very important point that the US used Ukraine to divide Europe and Russia so that Europe couldn't get cheap energy from Russia. IOW not only trying to hold China down, but also Europe. My only question about that is how Russia was tricked or provoked into invading. Iraq/Kuwait comes to mind. I suspect there were negotiations or other things going on beforehand. Reply @darek795 3 days ago (edited) You speak only about China's progress but not anything about South Korea, Taiwan, Hong- Kong, Singapore. You try to suggest that China is somewhat unique in its progress but it isn't. 4 Reply 11 replies @yaoypl 2 days ago “What can carry you over can drag you down” Haha, there is a Chinese proverb for this: 水能载舟，亦能覆舟. Translation: Water can carry a boat, but it can also capsize it. Reply @theo7326 2 days ago The professor is the only American I have seen that is able to name "Wagenknecht" as it should. 1 Reply 2 replies @jamesbodine1543 21 hours ago The Chinese didn't do it it happened because we bankrolled it Reply @caveman1334 2 days ago One country is feeding on war and other on peace........ Reply @craigrik2699 2 days ago My god, Prof Warrick Powell and now Prof Richard Wolff, wow! Both the same but different, Prof Wolff more coming from a Western Marxist view where Prof Powell more recognition of a Chinese civilisation view in Western speak. Great content, thanks man Reply @sasankasekharpanigrahi7762 12 hours ago Very brilliant analysis of China Vrs America prowess in present day world. Thanks a lot Reply @redpillscholar560 2 days ago Just brilliant!!! Thank you!!! 1 Reply @SarahBrown-h7n 15 hours ago Every crash/collapse brings with it an equivalent market chance if you are early informed and equipped, I've seen folks amass up to $1m amid economy crisis, and even pull it off easily in favorable conditions. Unequivocally, the collapse is getting somebody somewhere rich 1 Reply 5 replies @Roxana-gu5zt 2 days ago Zheng He was not 100 years before Columbus. He died in 1435, he and Columbus belonged to the same century. Reply @marinaclarasanchezsuarez2905 2 days ago USA will prevail🇪🇺 Reply @paulstebbings9481 2 days ago A few pointers … America refused to come militarily to UK’s aid so you are wrong to state America saved United Kingdom ( 🇬🇧) not ‘England’ …! What America did do is they cemented and put in place huge debt to UK ( not England) which it has taken over Reply @seshanm54 2 days ago India's achievements are even, more fantastic, though hugely under-rated.... * A looted nation, denuded of all resources was left to fend for itself. * It did not choose to become a dictatorship or a Communist nation. Against all odds it chose to be a Democracy. * Despite every prediction of doom a nation of 1450 million, with an electorate of 900 million has continued to be a Democracy over the last 75 exceedingly difficult years. * It had a vastly unequal society, ripe for revolution & mayhem, as im China, with millions of deaths. Instead, democratic India, over 75 years has quietly succeeded in politically empowering the backward castes and instituting a unique Affirmative Program with massive subsidies & reservations in education & jobs going up to 50%. IT IS THE WORLDS QUIETEST AND LEAST APPRECIATED REVOLUTION, WITH NEARLY NO VIOLENCE. * 1 Reply @ingridhildebrandt8053 2 days ago The chinese have published a very, very good analysis about the USA. I am just reading it. Reply @jaysphilosophy1951 2 days ago It's called democracy you have a in person city council meeting once a month and you cast votes on certain issues every month....And these council people should represent no more than 250 people. Reply @ngfamily1397 2 days ago Prof Wood, your analysis on BR politics is spot on. The rise of the Right Wing alarms the nation but politicians seem to be blind and deaf to the real plights of ordinary people. Self interests or delusional? Reply @arthurhwang117 2 days ago I have one gripe and will get this out of the way first : which is WHY do the Americans never get the pronunciation of proper names even vaguely correct ? It is SO EASY to do today - you just Google Translate the Chinese term and they actually GIVE YOU the correct pronunciation in AUDIO. So for someone to be so lazy as to not even do this and completely mangle the pronunciation of Chinese names when doing a podcast ON CHINA is to me unforgivable. Zheng He is not pronounced “Jeng Hey” as Jay pronounces it, but sounds like “Jung Her”. Please please just Google translate Chinese names the next time you do a podcast because totally mangled pronunciations come across as really unprofessional to anyone who knows how it SHOULD be pronounced. You only have to do this ONCE and you will know it for the rest of your life. (and for all future podcasts !!) As this has been a bit long, I will dissect some of the content in a separate comment. 1 Reply @Mark-ez2vw 2 days ago Digital silver in a digital age, litecoin is a digital precious metal, not a security. Litecoin is the oldest coin on the market after bitcoin, since its inception in 2011. The scarcity of litecoin is the key feature of its technology. Everyone tends to flock to digital silver and digital gold, litecoin, and bitcoin, when things aren't going well. Litecoin is a decentralized digital commodity, just like bitcoin, but not even close so heavily concentrated in a few hands like bitcoin is. Both have Proof-of-Work consensus, and both have a limited supply of coins. Only that litecoin is lighter, swifter, and hugely undervalued against bitcoin. Litecoin (LTC) being a digital commodity provides a decent inflation hedge as well because there will be mined only a limited number of 84 million litecoins in total. Reply @KMuse99 2 days ago U.S already lost. Just look at the tariffs they put on the Chinese good. Reply @MarioVink 2 days ago Good interview Jay. Prof.Wolff. greetings from the Netherlands Reply @HoneyBadger80886 2 days ago Dear Prof Wolff, love you, man. Love the hope for our future your comments provide. For After shtf. Broken money is why I debanked and bought NonETF bitcoin and PMs in self custody. #hodl Reply @zuzemoyo7696 2 days ago CHINA is the winner by miles. Not because the CHINESE mean to compete with the AMERICANS and the WEST but just going about its life. We applaud the CHINESE. We in the global South. Reply 1 reply @numbersix8919 2 days ago Canadians are all programmed to be so nice. How do they do that? Reply @Adam-mf9cl 2 days ago Before watching, how can this be a debate? Seriously.. If you’re still buying the American exceptionalism you must have your head in the sand, Americans pissed that away. Reply @cos6617 2 days ago The title itself says avoid this channel 2 Reply @petrut5 2 days ago I can tell you that people don't recover even after years of being through a war , I been in contact with many old people that have been through WW2 and they still were scared about the slightest bang or rattler etc. They would jump and look around. Reply @LARRYANIEL-dz9zz 22 hours ago The climate changes must be endured Reply @jb703 2 days ago American corporations sold out Reply @Eding4u 2 days ago This man has an exceptional understanding of the nonsensical western agenda. Reply @tigeragri5355 1 day ago Both will collapse one by one or Simultaneously This not our expectations or prediction but 100%assumption Reply @leathalfobiatics1986 2 days ago Professor Big thanks by delivering very usefull lecture. Great Love from Pakistan. Reply @Lovin_It 19 hours ago There are two interesting questions re EV tariffs; by lottery, sell them for $10k each, pre-tariff; or give them away, say, 5000 vehicles per country, either randomly or to Chinese customers [joke, some variation of deserving consumer]. This way, people could see how nice these cars are and it would increase demand and make the consumer fight to reduce or eliminate tariffs. I don't claim anything is simple or predictable, but it's fun to conduct thought experiments. I hear they outperform even in the $11-14k US price range. Reply @ToriZealot 19 hours ago Why is Richard Wolff repeating von der Leyen's talking points? What comes next Carbon taxes for Africans? Reply @shanejones578 2 days ago Yeah how the hell is Canada not the richest country on earth… they have gold like nobody’s business and 1/3 places in the world where platinum is found in significant portions. Reply @richardlamos1436 6 hours ago I regard China as a fascist regime ...that explains their econ omic success , as witnessed in other nations before Reply @rogerboniface8086 2 days ago Le Pen in France is similar to the policies of Charles De Gaul.is that Fascist? There is a lot of propoganda surrounding Le Pen. Reply @HEALTHANDWEALTHCHANNEL-h6o 11 hours ago No jay, i did not enjoy this Every show about the geopolitical situation ends up with the hosts bitching about their home country allegedly falling behind everybody else This show was no different Reply @hangxu9416 1 day ago I think only EU will be the first and the only one Reply @diegotejera2742 2 days ago (edited) I agree with him on so much. However, regarding immigration I believe he's underestimating not only the quantities but mass migration's it's effect on the western masses. At the simplest level if our existing working classes are underpaid & overworked, migration will only exacerbate this. This is plain to see. Also, The social pressure of rapid cultural assimilation cannot be overlooked either. This is a problem China does not have. But, yes we gotta start competing. That will take loosening the reigns on innovative entrepreneurs. The beurocrats best figure out how to fund social programs to stave off social unrest. This is the main challenge as both will cost money. 2 Reply @M.M.Alam.Liberty 2 days ago Best economist and an honest geo-socio-politicial analyst DR WOLFF. Thank you 1 Reply @CommenterIndeed 9 hours ago American propaganda website. Disallowing certain comments. Reply @WeAretheWorld89 2 days ago Oh yes. We too learn The Good Earth in school Reply @Juandeer-z3o 1 hour ago The Jay Matin show looses so much credibility with this kind of guest. Is wolff a card carrying communist or what? Also, China uses slave labor. THAT is one of MANY reasons that tariffs are good. Do you want to have the same living standards as China? Reply @jeanspiota 2 days ago Boring 1 Reply @ribeirojorge5064 2 days ago Thaaannnk Yooouuu China ️ 🇨🇳 Reply @donaldstraub2170 2 days ago Excellent conversation, thanks for sharing! Reply @peterjol 2 days ago Unfortunately, nobody is using a system that doesn't absolutely demand GROWTH for the system to 'work' and infinite growth on a finite planet is what will be the end of us all...there is no sustainability in infinite growth..even the circular economic system ideas require growth to 'work'. The world needs a 'sustainable' system..not a system that demands growth. Reply 1 reply @atanacioluna292 17 hours ago Digressing squared. What is the point? There is no solution? Yes, there is, but the question needs to be clear and reduced. How can we better solve climate, hunger, order, energy, economic justice? We can if we define the questions at the economics level. Reply @jingle1840 5 hours ago like the word 'hybrid'. Actually China learned the 'hybrid' from Singarepore in early 90s. Reply @jackli-l8x 2 days ago your saying 'a country is now colonized by a colony she used to colonized' Reply @ingridhildebrandt8053 2 days ago As german I totally agree to what you say about europe. Reply @aneshnaidoo2341 1 day ago Always a pleasure investing my time listening to your wisdom and analyses....Mr Wolff... Bless Your Heart Reply @omashqureshi9921 3 days ago No debate ,just asking opinions of Dr Wolff. 1 Reply @tikasiwakoti9070 21 hours ago America loosing with China rapidly in every aspect of production and manufacturing and technology. Because of our constant policies of liberalism instead of patriotism. We supported China build up and surpass ourselves. Reply @norvikgrigorian4518 2 days ago I can’t believe you are talking about USA in the favor of China! Talk about Netanyahu and Israel! Talk about the dirty Netanyahu policies! Reply @tomcurran3424 2 days ago (edited) I've always liked Profr. Wolf's very great term explained as " Unfettered Capitalism " . Personally I believe the Belt and Road Initiative can become a effective path towards prosperity and ultimately a greater peace. Thank you Profr. Wolff. 1 Reply @Jojo_KokoUK 2 days ago Chinese rise from Ashes, and they will rise again if necessary... 2 Reply @scottchin3582 1 day ago America was so strong not because of your intelligence but the fear of God. Since you USA started to behaving against Him. The America is falling so quickly like never before! If you America cannot turn around to obey Gos commands! This situation is just the beginning for your miserable life! Reply @michaeligloo 3 days ago Great show and a very informative interview. Thank you both of you! 1 Reply @seancurtin5609 2 days ago Tesla made the Chinese EV industry Reply @davidli5115 2 days ago BYD = Build Your Dream !!! Reply @ElijahRadioProphet-mb9zu 2 days ago BREAKING NEWS: Donald Trump shooting, Secret Service investigates after shots fired near golf course LiveNOW from FOX 3.51M subscribers Reply @benoitguillou3146 2 days ago "Growing pains of an adolescent empire ....." the guy clearly in his mind has already won the war against Russia that'll potentially permit him and his exceptionalist camp to carve up all Russian ressources for his beloved empire and jumpstart another century of corporate profits .....He's basically selling the skin of the bear before having killed the bear ......Which in itself is the mark of a dying empire , because lack the lack of self doubt , underestimation of the adversary , and appearant hubris of so called eltes in a country is in 100% of the cases the cause of the country's downfall...... Reply @Gingerbit-bk3df 5 hours ago Thank you, very good conversation and enlightening to hear. Reply @kennedy6618 2 days ago Mr: Wolff, $60.000 plus taxes! Reply @cuteandfunnyearthlings2863 2 days ago China developed the world first tri fold phone, so which country or who apple or samsung going to copy? 1 Reply @psikeyhackr6914 2 days ago Economists cannot suggest mandatory accounting in the schools, but they can talk about collapses. Reply @55suz 2 days ago AMAZING PROFESSOR WOLF IVE LEARNED SO MUCH FROM YOU AND IT IS ALWAYS SUCH A PLEASURE LISTENNING FROM YOU THANK YOU ! Reply @roadtested9009 2 days ago Ordinarily, the Professor would be just as vehement for US labor and he is here for China. Reply @ricogreen2538 19 hours ago Worker cooperation is the same as a union It stopped productively Because people want more then strikes etc Reply @lilj1702 2 days ago What can carry you forward, can eventually drag you down. We must unburden, what has been. Reply @chrisroux8137 2 days ago To fear collapse shows inability to innovate and compete, triggering destructive rational creating defensive and offensive strategies, like NATO to achieve dominance as a unipolar organization, this does not describe China for it innovates and competes, while creating strategy of trade practices which can enhance economies of many societies, like BRICS+ enhancing multipolar cooperation. Reply @robertdoig1342 20 hours ago He’s a marxist! Boo. Hiss. Reply @jessegomez842 2 days ago Lets hope that the adage of "he who owns the gold makes the rules" is false. If true the US may collapse first. Since the PBOC has amassed an insane amount of gold. Reply @LARRYANIEL-dz9zz 23 hours ago VW all the way Reply @anselmlam6846 2 days ago Eye and mine opening lecture! Reply @edwardlim7253 1 day ago All great powers must work together for the betterment of humanity to overcome the threats of nuclear holocaust & global warning although I'm not sure that the current leadership in U.S. are sane.. yes U.S. must do its best to compete fairly with anyone but not to escalate to a nuclear war.. Reply @garymccraner1129 2 days ago Michael Pettis is the proper resource for a person interested in this subject. Professor Wolf is apparently not nearly knowledgeable enough. Reply @pmcllc1 2 days ago Well 30 trillion in debt built on socialism can give you a hint Reply @BraveNewWorld5404 3 days ago (edited) Open Southern board may make sense from economic perspective and is also a positive factor for a very serious population collapse problem, which will also be a huge economic problem down the road. However, it is an absurd way to solve the economic and population problems, not to mention that its lawlessness is incompatible with the legal foundation our country is built on. We have a legal immigration system, which can import the needed immigrants based on our requirement. Currently we have over 10 million illegal migrants coming in from the southern border, if we increase our merit based immigration quota up to 10 millions per year, we controls what kind of skills we want to import, how many people we import, and we know exactly who we import. It has to be a pure academic discussion to criticize European and American people do not like uncontrolled illegal migrants walking in from the open borders because the local people are stupid to understand the economic benefit that these illegal migrants bring to them. In reality, maybe the reason that the common people focus on the harm that the illegal migrants brought to them is to fight a political fight, to stop illegal migrants, to improve and open up the legal immigration system like the one described above, or better. If that is the case, these European and American common people may be more right than the economic puritans. Our success is measured by economics, but not everything is economical. 1 Reply @julians472 2 days ago Professor Wolff is fantastic! Reply @beschall7682 8 hours ago He claimed he was graduated with Harvard Ecomomy School,some i can resonated with him, mostly he sounded like putting down American, while he did not address much solution how the capitalism should be changed in system! He did not compare Apple with Apple but all and all he had bore me with his opinion Reply @paulstebbings9481 2 days ago The highest UK GDP National earner contributor is Scotland 󠁧󠁢󠁳󠁣󠁴󠁿 not England 󠁧󠁢󠁥󠁮󠁧󠁿 a different country all united in the United Kingdom 🇬🇧 ( Northern Iteland Wales Scotland and England ) Reply @chriscain7333 2 days ago I have to disagree, feudalism is distinctively western concept. You can however, argue that the shang dynasty of china (4k years ago) adopted the same governanc doctrine, but almost immediately after the fall of shang dynasty, it was abandoned. So no, for the largest part of chniese civilization, feudalism wasn't that impactful Reply @glynnismacpherson504 2 days ago Thankyou Gentlemen Reply @bennyc6021 2 days ago Yes, Zheng He (pronounced Zheng Her) was one great voyager. 1 Reply @uniyost1917 1 day ago A brilliant and intelligent insightful discussion! I really enjoyed the push and pull model. It was historical and interesting. I will share this in my network. Reply @JalernJa 1 day ago So smart presenter Reply @Dokonaj 2 days ago USA has already downhill. Reply @BRAHMANAND 2 days ago USA first 1 Reply @kvuppal1 2 days ago Marine le Pen is RIGHT wing not left. You should put up a correction on the screen. No one reads the comments to understand better Reply @wellsnapyeah 12 hours ago (edited) The US is decentralized?! So there is no government regulation? Gimme a break. 16:00 Reply @jaygatsby1 2 days ago You know what happens after a meteoric rise fueled by a state sponsored real estate bubble of epic prorations? Reply @kenthiessen6838 2 days ago Mr Wolff once described the Brits as, when the U S told them to jump their response was "how high"? That sadly is how it is in Canada now. It wasn't always that way. I despised that Trudeau guy, Justin's father, but he had a mind of his own. Justin....lol A comment on Chinese goods....they are cheap and made cheap. Mass produced to be cheap without quality. We once were able to buy very good German goods. Now gone. Reply @patriciacvener1968 2 days ago (edited) You don't have tensions in Canada? What about the past and ongoing abuses of the indigenous First Nations? Reply @L-K-K 2 days ago New Structural Economics - Came across this Chinese economic theory for developing economies. Very interesting. Worth investigating. Reply @kyuucampanello8446 2 days ago Seriously, the representative democracy in a classical pluralism form IS NOT decentralization at all, each groups with their own political interests into the political bargaining have their fixed organizational hierarchical structure. It's just not much different than the "seven kindom". I believe no other country like China would have done multiple surveys to the public and been iterating its policies and laws based on those surveys and criticisms, rather than some indoor negotiations or performatic debetas that needed a fact check, between those in the highest positions of the hierarchies(so-called leaderships) and set a policy which is not making sense at all for four years. You can't simply say that a joint-decision making is more centralized than politics between elits, or it's just a hybrid form of centralized-decentralized, obviously latter is more centralized. Reply @ThatGuy_Nick 1 day ago Thank you for sharing Reply @groomingtable 2 days ago Are you mad. The Chinese cars are catching on fire all the time. Reply 1 reply @simonbarrett9568 2 days ago The truth is China said to America work with us on the Belton Road initiative we can not do this on our own this would have made sense for the US to help build the world to the next level and make all countries more competitive that would make America business have more customers to buy their goods around the world but the US like the mafia way of running things but is is old system that coming to a end and to the US see this nothing will change in the western world Reply @Amos-o6h 14 hours ago I'm wondering how much do they really know china, when they talk so many topics about china. Reply @jayjack2046 2 days ago (edited) Wolf is conflicted, hits it on oligarchy; swing & MISS on Free markets vs communism. Aloof Reply @00001111henry 2 days ago VP no experience in business. Former DA lawyer has experienced. She hired a business lawyer. Reply @zlz-h2o 3 hours ago Politics aside...The host is very handsome. 1 Reply @creativecoffeeroaster521 3 days ago First question to have asked this guy is in the Harris, Trump , or independent camp, this would fully explain his perspective, motivation, and agenda Reply @SusanCahill-fb6ey 2 days ago I totally loved it! 1 Reply @demon2others 2 days ago Is this even a question to ask? How many things are Made in USA nowadays? Reply @movielife8537 1 day ago Great interview! Reply @JohnAnderson-wc2fw 2 days ago The scary part is, after 08’ when we had the global financial crisis, China was peaking and able to manufacture the world out of recession. Not this time Reply @TacticalMayo 3 days ago China just lost 6.5 trillion in the stock markets. That right there is the worst thing I've ever heard of. 2 Reply @LordBallSac 2 days ago Its jist a race not for nukes or space but Ai. Whoever has the best Ai will remain dominant. There will come a point when such an advance Ai essentially makes any race by any competitor untenable. Reply @ralphmumbeck5758 2 days ago Lindy's Law says... oh... no... Reply @Amos-o6h 14 hours ago I'm wondering how much do they really know china, when they talk so many topics about china. Reply @ricogreen2538 20 hours ago Think chess when you think politics That Taiwan is not so important it what surrounds it to keep influence by them feeling protected Reply @carmenlajoie2719 2 days ago You can watch state media in China, CGTN The Point-Hub-Heat. Shanghai Eye, CCTV, Reporterfy Media-Cyrus Janssen..Multipolar world fast tracked Reply @ace9840 2 days ago True. Nobody can predict the future. I realized that hears ago but then I thought, so whats the best next thing. Then it dawned on me that studying the past is the closest you'll ever come to predicting the future. Reply @roubika1922 2 days ago A great educational resource Thank you both Prayers for peace and prosperity in the world Reply @gsk38 2 days ago For info of political leadership worldwide. Bless all Reply @seancurtin5609 2 days ago There is not 1.4 bill Chinese that’s not true Reply @shineluvslambiel 9 hours ago (edited) Why is professor Wolff on this trash channel? Reply @69elcuchillo 3 days ago 30 million immigrants, criminals. Let’s open the door enforce the regulations with minimal lawyers input. Bring in the scientists & engineers, enforce the rules of law. 1 Reply @clarencego4725 56 minutes ago We will find out soon enough. Reply @vaqueroontario 3 days ago Very nice straight talk. We need more of this. Reply @chewy1709 2 days ago Chinese companies do well overseas becos there's less pressure on payroll. Back home，education, infrastructure, health etc are all subsidized Reply @stefanthomassen4750 2 days ago There is no transition to EV, by repeating this bullshit, is doesn´t come true.. . Reply @caseyrindal1815 2 days ago Like one child pilicy. That is what you get with a centrally run government Reply 2 replies @iwanagohome326 2 days ago Most of what the Prof said is sound and makes sense. However, the last part needs further elaboration....it sounds vague and quite baffling Reply @月隐谷 2 days ago The United States could have used its talent advantage, technological advantage and economic advantage. And military superiority. China has been in the second stage of development. As a hand guard of the United States, together to govern the whole world. The suppression and restriction of the United States will enable China to completely find a way of independent development, thus surpassing the United States. Reply @nanaegorasta9063 2 days ago THANKS YOU FOR TRUE Reply @ptan4120 2 days ago Pronounced as zhang "her" not "hea". He was a central Asia muslim. 1 Reply 1 reply @69elcuchillo 3 days ago Yes they did really good with their housing program . They have a rule of law, ethics that we hav lost because of the freedom(nothing left to loose). Also tremendous STEM graduates, not very many gender studies , teacher education, not their subject but how to teach. MERITOCRAC 1 Reply @ScottWood-p6z 2 days ago Ty I feel enlightened and Wowed! Really interesting! Ok Leadership is lacking here in Canada. Therefore it is the TOP PRIORITY. ALL THE WEST NEEDS THIS TOP PRIORITY. HERE IN Canada we need This! Russia has Real leadership in Vladimir Putin and the supporting cast. replicate it here in Canada. Get rid of the corrupt puppets who serve the greedy oligarchs. I say it can be done. Mission Leadership, TOP PRIORITY LETS GO! Reply @bodaciousbull8553 3 days ago BS 1 Reply @09021943 2 days ago Good talk Richard, — Thanks ! Reply @ricogreen2538 20 hours ago Chinese are the larges Migration into America China has a unemployment problem with college graduates They are sleeping on the streets If they find factory work 100 yuan fir 10 hours of work Thar is 14 dollars Reply 7 replies @ZhenYae 2 days ago That part about a country being run like a corporation is already well known to Singaporeans. Deng went to Singapore for a reason. That would be in 1978. The following year, the Vietnamese were shown communism in Southeast Asia must stop. Reply 1 reply @mohammadhajimoosa3981 5 hours ago I like the comment about China improvement because if you look at the China improvement, he make it desert the green zone they make everything welcome welcome innovation, and hope senction give you some understanding everybody every nation, society of poor society, doesn’t understand it for you’re not helping others and losing more support you want that United States of America we need better and understanding not helping just Israel, helping everyone the same way you defending it not to be complicit what you do make a difference for others sanction never help economy leaving insane is cruel and not fair Reply @LL-sk3do 3 days ago Hi Jay, I noticed your camera has been out of focus the last few episodes. You might want to give it a quick check. 1 Reply @philiptan2051 3 days ago The Americans are like the actors playing in the movies as the “expendables” except they don’t know anything about a real war and identify themselves as the heroic “immortals” who would survive in any war. They are living in a phantasy just like in the world of Hollywood. 1 Reply @tomsawyer4857 3 days ago DL the video to watch later, but gotta give Dr. Wolfe a like first!! Reply @socialevolution7719 2 days ago “Economist” Reply @Juandeer-z3o 1 hour ago Terrible guest. Reply @MakePeace123 2 days ago Reject the R N D vote Jill for Peace n Prosperty Reply @賴志偉-d7h 2 days ago Americans are like the cartoon villian who focused on sabotaging the opponents instead of winning the race. 2 Reply @jaysphilosophy1951 2 days ago This was garbage Reply @pennyshi6474 2 days ago Canada collapses first eh? Reply @hello2546 2 days ago So much BS here , to much to type out Reply @lihongliu352 17 hours ago brilliant Reply @danielbbq 3 days ago Fascinating interview. Thanks Reply @DrRhysPritchardPhDMScBSc 2 days ago Absolutely brilliant thank you ️ Reply @martinb4093 3 days ago Ask him next time what Canada and the US could learn from other economic systems such as from China Japan South Korea etc. Reply 2 replies @TylerMcConnell 2 days ago This should be fun. Reply @Skippy-s1g 3 days ago Oh! Hey! Jay got the commie on! Yeah commie! 1 Reply @DarshanaHashendra 1 day ago I don't see China Media doing these kind of program Reply 2 replies @JalernJa 1 day ago You go to China and you will see one item but with two different quality, why? Copycat gene run in the Chinese blood. But that copycat itself make the Chinese so advanced in many areas, why? I copy you, but I want my product to be better than yours, so I improve a little, the next copycater improve a little more, and...in the end.. after hundreds or so copycaters,vthe product became compatible to the west. Reply @termyfl2677 3 days ago One may not able to predict the future but can extrapolate Reply @drona9 2 days ago Came to watch "Will China or USA collapse first?" ..but 45 mins in, just getting tired of listening to how awesome China is / Chinese people are, and how America sucks. How does ANYTHING he's saying relate to the title of the video?! 1 Reply 2 replies @jillallan8985 2 days ago cheap labour is not a good thing. Reply @roadtested9009 2 days ago This ought to be interesting as I believe the good professor is a communist. Reply @Sabundy 2 days ago How is this even a debate? Reply @MM-sr6fw 2 days ago A “must watch” video? Don’t need a rocket scientist to answer this question I think. Reply @amtexec3164 3 days ago Excelente contenido y analisis profundo del tema saludos desde 🇪🇨🇵🇪 Reply @johanaanderaa4249 2 days ago Those who paid for the rise of China was the American and european middle clas. They just did not know it at the time. China ha other rules where work was oractically free. The aste owners invester in China and had a tecnological an economical transfer never before seen in human History. Anybody with eyes in their heads and thoughts in their brains could fortell that this would not end well for the West. But those who ran the show in every Western country was eager for profit and here we are. It is no miracle, it is willingly a handling over tecnolegy, knowhow and money to a dictatorship. Who said: *I am not a crook"? Reply @ivorysulv 18 hours ago BYD is it short for bye-dollar Reply @WMDB4637 2 days ago Just Google the obesity rate and life expectancy of obese people Reply @beautifuldream108 2 days ago (edited) USA. Population and hard work spirite that one party don't have. Reply @jiteshwarprasadgupta3235 13 hours ago War spends ,(destructive-at others' cost/consequences & constructs -soak/suck/siphon-ing are returning, huge fortunes to war mongers,in immediate ,gains,by plan, design,destructive -destructs as instrument, leaving dehumanised, misery, depravity,slavery ,short/long term, intergenerational, migration. Reply @tommylynn4270 2 days ago A Reply @whydotheathensrage 2 days ago Via GATT and NAFTA, we gave the Chinese everything we had beginning in the 90's, , I worked for ATT , and watched them send our elite internet engineers to China for months on end to build out their internet. IBM sent them their most advanced mainframes, i worked in the industry and watched it happen. Americant's have been AmeriCon'd, and utterly sold out from within... or haven't you noticed yet ? Reply 1 reply @ssli7230 2 days ago I notice that this podcast doesn't show up at all when you scroll the list of videos on this channel. Is it Jay Martin's own doing, or is it YouTube's doing? Reply @viksprakash 2 days ago who are you huh Reply @oIBBEo 1 day ago 9:30 1 Reply @GenX1964 2 days ago (edited) Welp, Since I just saw on tv Perry Farrell and Dave Navarro fighting each other on stage today in Boston. I'll quote Perry Ferrell. WE'LL MAKE GREAT PETS . Says it all. MaybeI I mean America. Maybe I mean Humanity. I leave it open ended. Reply @TimJohnson-x1o 2 days ago Another silly title. Only one of these two nations is in terminal decline or decline of any sort. China's rise isn't even more than 60% or at most 70% of its way to peaking yet, much less declining. By the time China is in decline it's GDP will be roughly 4x larger than the US. It's already something like 50% larger in terms of purchasing power, which is the measure that counts. I'd suggest you interview someone like Grahm Allison for starters. Reply @ace9840 2 days ago Does it really matter who goes down first .. all the others will fall like dominoes. Reply @ellengran6814 2 days ago Is og possible for the West and the East to cooperate ? I would argue; YES, just like the "East" brain hemisphere can cooperate with the "West" hemisphere. It's all a matter of respect, knowledge and communication. Reply The Jay Martin Show · 1 reply @fbazzrea 2 days ago (edited) please bring Mr Wolff back. love his perspectives. thanks, gentlemen! 1 Reply @rossmullins8708 2 days ago Get off the co-op thing Professor. Meritocracy seem a better system. Five year plans, gov in control of primary functions like electricity , lending institutions, etc. then,let the private sector flourish, Reply @ricogreen2538 19 hours ago Lol he has to go To the toilet He just made a few thousand doing story telling for 30 minutes Lol Reply @Chucku153 7 hours ago (edited) Weapons business is big business in war merica Reply @numbersix8919 2 days ago America's best days are ahead? (start Twilight Zone intro) Reply @CarlosBayon-NO.1 2 days ago This is too long. Make 10 minutes. Reply @aihong2971 2 days ago The Emperor has no cars Reply 1 reply @AnamarieJensen-rt5fi 3 days ago Who care Reply @LARRYANIEL-dz9zz 23 hours ago Crazy son in the basement Reply @sewinvicta9274 2 days ago 9:25 The host looked so disinterested. XD Reply @seancurtin5609 3 days ago Wolff the china economy is totally subsidised if any country subsidises their industry like that it’s easy to grow, please deal with this fact 1 Reply @dialecticalmonist3405 3 days ago Does this guy have any idea that it's about POPULATION? He can't be that clueless. The Chinese don't care about any of that. "Do something" about the billions of poor? Lol. "Do something". Hilarious. Reply @nicolle_2944 1 day ago Lol.. the Chinese cars are rubbish Reply @dazedhavoc 3 days ago Sounds like the Nigerians should innovate and build something? Reply @mechannel7046 2 days ago 37:00 european elections Reply @petervossos4816 3 days ago I saw a video on Russia recently and most of the cars on the road were Chinese ..!! Stupidity.. !!! Reply 1 reply @westizbest2017 2 days ago Man Kansas guy just get on with the point instead of telling us all about his coffee outs and all the rest of his life story and all these other side points and notes and references like just get on with it and say what you got to say man damn Reply @samlim4091 15 hours ago UsA çollapse alĺ tĥe will ɓe Happy Reply @chriscordoba3979 2 days ago I read the Good Earth! Reply @SuperInestable 2 days ago Reply @tedmusson5179 2 days ago Not even close pally. You subtract USSR and the entire character changes. Where did that silly U$ to the rescue come from. U$ had much to do with nazi development. Reply @eduardoquirino8131 3 days ago The US is self sufficient in just about everything, It also has two next door neighbors that are economic powerhouse partners. China is so dependent on it's trade. It is dependent on imports of just about everything to survive, it has very little resources and 1.3 billion people that need to be fed and served. It's military is so huge but not a formidable fighting machine. China is surrounded by very angry neighbors that it has bullied for many years. 2 Reply 2 replies @yuglesstube 2 days ago I must respectfully disagree. This priblem goes beyond economic rationalism. The societal consequences of deindustrialisation are terrible. We can't compete with China. Not directly. We have a totally different system of economy that requires relatively high levels of pay and benefits, which is as it should be. Sending us back to the 20s would cause a civil conflict. Protectionism is sometimes the only way to protect our way of life. Reply @camhaothi8400 2 days ago That man is more like Brianwash Reply @AnamarieJensen-rt5fi 3 days ago Thats a brutally abusive abuser humans lifes and taken advantages far boundaries the importance to safety and humans lifes when the life icant goin back to lifes but the economy can't fixes abd doesn't who you are if you are biggest billionare and the world's keep your moneys and leave to united state of America Reply @coffeeman9475 3 days ago Zhang He is pronounced as Zhang Her as in Yellen and "her" failed economics. 1 Reply @ESuccessMasters 2 days ago ️️️ 1 Reply @BraveNewWorld5404 3 days ago (edited) Whether tariffs on foreign imports is good or not really depends on your position. From economic perspective, this tariff totally does not make sense, it will hurt the economy no matter which side you are on, it is a lose lose situation, wrong and stupid. However, from political point of view, to manage the well being of our own country, it is clear as a hell without tariff or other political measurements, American industries will be crashed one by one. To say "American has to improve its productivity" is pure academic naivety and not serious. We have a high wage, high benefit, highly regulated working environment comparing to the developing countries, our working class people are much more conscious with their human rights and other rights related to the workplace than the working class people from the developing countries. We always refer to the tariff as tariff war, everybody suffers, totally negative. However, nobody wants the second world war too, economically speaking everybody got bankrupt. But if we did not fight the war, Nazi fascist could be the new world order. China is a communist country adopting capitalistic economic system for little over 30 years, China can change back to the communist economic system through its political system over night, and no one can stop it, even it means that everyone has to sacrifice economically, because Chinese media are totally under the control of its political apparatus. If we do not like Nazi's new world order, and we went and fought with that political system with real war, maybe it is reasonable if we do not like communist political system to be the new leader of the future, we can fight it with tariffs. We may still lose, like old Roman empire, and we have no one to blame but ourselves. Reply 1 reply @sethmiller5414 2 days ago He is so off base on the quality of the Chinese electric cars. They are not the 'best' by a wide margin Reply @allantay9020 3 days ago Obliviously it's the busybody US. Reply @margator1036 3 days ago One day the U.S., Canada, and Mexico may form some type of economic and political union that will unify the entire North American and Central American continent. There are already many citizens and businesses in each others countries already. One currency and free trade and movement people. A huge market with tremendous resources and efficiency. Are we in the early days of the American story? 2 Reply The Jay Martin Show · 11 replies @TheKkpop1 3 days ago Chinese have suddenly waking up to the fact buying chips from US is dangerous to its national security. They can't continue to assemble chipsets with US technology and play only certain roles in the supply chain. They must develop its own or revolutionise the semiconductor industry from the beginning to the end in the supply chain of design, essential materials, EDA, components, lithography machine to the final product. Reply @rohitkothari3890 2 days ago Comment sections flooded by han bots Reply 2 replies @stewartderekbarker-bo9kg 2 days ago ️️️️ Reply @seancurtin5609 2 days ago This guy is a total liar you haven’t even mentioned all the subsidies Reply @solartime8983 3 days ago 48:.."Pretending this isn't going on...is killing US." Reply @charlottegude4204 3 days ago Nations evolve to recreate themselves, planet is more interesting Reply @trainer0075 3 days ago I don't know why Jay would have a narcissist communist on his show. 1 Reply @greengrass3835 2 days ago this guy is horrible. Reply @eespn4764 3 days ago As a outsider i can say US first, china winning without war, Communists in US Reply 1 reply @reynoldliao7462 3 days ago Funny how Jay is desperately trying to comfort himself that the Chinese aren’t really that good. Whether they are or not, it’s just a weak sauce rationalization. Reply @zbigniewdzwonkowski3536 3 days ago Making simple things get complex in human thinking.... that is the very mental work of Vedic Maya Entity.... the Deceiver....Christians call Her Satan.. Reply @oliveoil7642 2 days ago (edited) China also has loads of debt, aging demographics and a housing bubble that burst. It’s tyranny during covid was unsurpassed and ineffective. It’s not all roses there either! Reply 2 replies @davidwong189 3 days ago Too true, amused looking at what the Americans are doing Reply 1 reply @ABCXYZ-jk8me 3 days ago BLESSINGS.... come from... GOD...Through GOD'S CHOSEN PEOPLE OF THE HOLY LAND!! demons are attacking THE HOLY LAND demons, also, are attacking our land BORN-AGAIN RAPTURE TO HEAVEN IS THE ONLY HOPE... Reply @whydotheathensrage 3 days ago So is this cat pro illegal immigration?? Reply 1 reply @Baoboi332 2 days ago China failing. China had to raise retirement age this week as they are running out of money. China unemployment skyrocketing for new college grads. China still has 700 million poor. Median income in China is only equivalent to $5K USD verses USA that is $75K. China is economy is still dependent on export economy which is going away. China also experiencing demographic collapse. All this commentary is sad as this guy is a race baiter. China is far more racist than USA. 1 Reply @RickStephens-if3wr 3 days ago What you’re saying reminds me of the man that built the Tucker car our government and the other car manufacturers didn’t want the competition to build something that was better. I’ve seen the motor supposedly I got 27 miles to a gallon is way ahead of its time and free enterprise should work better than that. Thanks, Rick. Reply @jamesbroughton4706 3 days ago the americans will fall first Reply 3 replies @karleells6540 3 days ago Richard never shuts up. 1 Reply 3 replies @NomiVega 3 days ago Beautiful ️ Reply @japorto100 3 days ago Nice please part 2. I like richard and i like the chinese hybrid system Reply 1 reply @michaelgroves3460 2 days ago Chinese propaganda... Reply @Psariman 3 days ago I get the economic view of China, however, how can that happen without the authoritative aspect of the government of China? Is he advocating that the way that China governs its people is acceptable? I wish he got more into that aspect because we can’t ignore the atrocities of communism to its People. I can completely appreciate whathe’s saying, but without getting into the drastic downside of what communism brings to its people also, it leaves a lot of questions. I could have used another hour of his perspective. Reply @ipeteagles 3 days ago china didn't open its market to the world though, did it, Richard?

CHINA's Biggest THREAT To The NETHERLANDS After U.S. Did THIS!

U.S. & EU Tried To SHUT DOWN CHINA... But FAILED!

The Chinese Dragon's Fighting Spirit in the Epic Story of Sun Qi Cheng

9/16/2024 The Story of Sun Qicheng, represents the unflinching fight against gross injustice suffered by overseas Chinese in the United States Every Chinese must know that during the last over two hundred years our great Chinese Civilization of 5000 years was subjected to extreme barbaric Western attack and aggression by the European countries headed by the Anglo-Saxons British, America, Russia and Japan.China was like a life cockroach set upon by myriads of ants and torn to pieces. China ws like a living cattle set upon by packs of hyenas, wolves or lions and torn to shreds. China was invaded, trampled and her land partitioned among the invading tribes. In a short span of over two hundred years China was caused to lose her dignity, self-respect and honour as well as losing large swathes of Chinese lands to Russia, England, France, Germany and Japan. However, the Chinese have their own proud national honour, dignity and self-respect. Inspite of overbearing odds in this epic struggle and fight against the hordes of barbaric invaders China put up a determined heroic struggle with grit and gumption and finally won back her Civilization on 1st October, 1949 with the establishment of the People's Republic of China by the Commmunist Party of China led by Chairman Mao Tse-Tung. Below is another sad story of how the Chinese living overseas in America were bullied, trampled and treated by the Anglo-Saxons Americans with derision, unfairness and great injustice. As usual Chinese dignity, honour and self-respect would never give in to such savage ill treatment without giving a fight. This is a story of Mr.Sun Qichen and his fellow Chinese compatriots heroic epic fight and struggle against the unfairness, lawless acts and injustice against the mighty US government in the 1980s. It was a long heroic fight against false and fake make up lawsuits in the courts against Mr Sun Qichen and the Chinese business community. It was Mr. Sun Qichen's stubborn determination and the full support of the Chinese compatriots of their just cause that finally ended up in court victory for Mr Sun and his Chinese compatriots. Every Chinese must read this epic story and finish it to the end and there after circulate it to as many people as possible to let the world know how despicable, dishonourable, petty and lawless the Anglo-Saxons Americans are as well as to show their irrational fear, envy and hatred for the intelligent hardworking Chinese diaspora. In the midst of the 2008 subprime financial crisis in the United States an inspiring story emerged. A 74 year old man of Chinese descent was arrested in the United States and became scapegoat for the US government, but the outcome was beyond everyone's expectations. The arrest of Meng Wanzhou has shocked the world. Ten years ago there was a similar arrest that also shocked the world. The defendant was just an innocent Chinese old man. He was suddenly arrested and became a scapegoat for the US government. He faced 182 charges and 240 indictments. He never expected the ending which exceeded everyone's expectations. He is Sun Qicheng ( English name Thomas Sung ). He was born in Shanghai in 1935. His father Sun Ruilin was a famous entrepreneur and a philanthropist who founded a large orphanage in Nanshan, Chongqing and rescued thousands of children who were displaced by the Japanese invasion of China. Under the influence of his father, the seed of national justice was planted in his young heart until it grew into a towering tree in later years. When he was sixteen years old, his family migrated to the US. At the university, he obtained a master's degree in economics and a doctorate in law. Such excellent results in the education system were rare among Chinese and even Americans at the time. After completing his studies, he could have successfully entered the upper class of the US, but he made a decision that surprised everyone. At that time there was no place where more Chinese gathered in the US than in Chinatown in New York. The barber shop, the small Chinese street vendors doing business on the streets, the humble Chinese shoe repair stall and theatrical performances. Everything here made him extremely comfortable. He said, Whenever I walk in Chinatown, I feel that it is like home. I want to be a part of them. However, behind the Chinese existence in the US, there is actually endless bitterness and injustice. The Chinese hawkers who set up stalls in Chinatown would be fined if the stalls encroached little bit into the road for a short distance of one meter, they were fined USD1,000. This is the money earned for their hard work for months. The police cars would park in Chinatown at will, occupying the business space of vendors without any restriction. He saw all this with his eyes, so when he graduated in 1964, he gave up high-paying job and the opportunity to enter the upper class, and established a law firm in Chinatown, where there were many shoe repair shops, vegetable stalls and butcher shops. What he did was for only one purpose to provide much needed and timely help for the unfair treatment suffered by his Chinese compatriots. After more than ten years to solve their legal woes, he discovered one of their most difficult problems, many small Chinese businesses in Chinatown paid their workers daily or weekly salaries. While several banks in the US had taken in tens of millions of dollars from Chinese deposits and made huge profits, when Chinese people wanted to borrow money from these banks, they faced difficulties as they were unable to come up with a convincing source of income. The result was the Chinese living in Chinatown found it difficult to buy a house, and even harder to invest in expanding their business. He tried to help his compatriots by lobbying mainstream American banks, but failed time after time. He found this very unfair. In order to help his compatriots as much as possible he decided to give up his law firm and open a bank himself. He said, "It's time I want to give back to society and the Chinese." "To many Chinese, the abacus is the treasure of China's five thousand years of culture." So he decided to call the bank Abacus Bank ( National Treasure Bank ) to work for the well being of his compatriots. He invested all his wealth and resources and finally in 1980, the Abacus Bank was established The opening of the Abacus bank brought great vitality to the local Chineses community and hope from helplessness and hardship. He helped them overcome all these with low-interest loans from the US government to help thousands of low-income Chinese who had settled in the US to make a living. After twenty years of unremitting efforts, countless Chinese families regained and improved their lives. Whether it is an aunt who sold flowers or an old man who sold vegetables , with his help they could finally afford a house, have their own business and a foothold in the US. Local Chinese often said: If you have difficulty, you can find a national treasure." "National Treasure" became famous and became the well-known OCBC Bank among the Americans. Sun said: The unity of Chinese people abroad should be something integrated into the blood. Abacus Bank aims to enable compatriots to live in a foreign country with dignity." He opened the bank in New York and even more in the hearts of overseas Chinese. While he succeeded in his career, he always missed the China where he was born and raised. He knew the importance of talent to the motherland. In 2000, he preached the establishment of the "US-China Education Foundation" to contact many universities in the US. China's education department cooperated in running schools and provided China with a steady stream of talents: lawyers, accountants, computer experts, finance, corporate management, etc which deepened the exchanges between China and the US. Unanimously praised, he was called "the goodwill ambassador of China and the US" and the architect of the Sino-US friendship bridge." Everything was moving towards a better place but because of a huge storm that came suddenly he instantly fell into a dead end. In 2008 a serious subprime mortgage crisis blew up in the US. All mainstream banks panicked. Unemployment, poverty, and bankruptcy became a huge social disaster. In order to save the country's nearly collapsed economy, in October President Bush signed the "Emergency Economic Stability" bill. The bill authorised the use of taxpayers' money of up to USD700 billion in taxes to rescue those financial giants. But the American people who had been badly affected needed a reasonable explanation. To spend taxpayers' money to rescue the Bank of America, who will be responsible for this crisis. The government knew that the main outbreak of the subprime mortgage crisis was that the financial tycoons of Wall Street had packaged extremely risky loans and sold these to the public as well as to overseas countries . This vicious circle finally triggered the unprecedented financial disaster. But because these people were too big and strong to be offended and prosecuted, the US government targeted Sun and Abacus Bank which unexpectedly became the only financial institution at that time that was sued by the US government for loan fraud. The police went to the bank to arrest its employees. The scene was shocking. The staff were chained together and walked out one by one with their heads bent. This method of arrest even caused upset among the local lawyers in the US. "They were herded down the corridor like herding cows. There is no precedent before ... " Someone said: This is very unfair, it is a shame if it were a group of African-American workers, they wouldn't be treated like this!" Just because they are Chinese and living in Chinatown, they had to suffer such discriminaation and injustice. Sun was 74 years old. He never expected that a financial turmoil caused by the American banks would make him a scapegoat. He did not expect that he would be convicted of 182 charges and 240 fines in court. The face of the big bank is too big to fail, and Abacus Bank is small enough to be prosecuted was staged in the US. His family was exposed to the eyes of the American people by the media, and suddenly became "the sinners of the US", on these absurd charges. The average bad debt rate of mortgages in the US was 5% at the time, while only nine people did not service their loans out of Abacus Bank's more than 3,000 loans. The bank's bad debt rate was only 3%, which had the lowest non-fulfilment loan rate in the US. It is unacceptable for such a reputable bank for the US financial crisis. US news reports severely humiliated the Chinese. Seeing that their father was wronged so much, his youngest daughter who was serving in the D.A. office resigned from the government. "The U.S. government's action made me fail to see the the justice and fairness preached. On the contrary, I only saw their incompetence. I was so disappointed." She took up her father's case. However, there were hundreds of lawyers on the government's prosecution side who investigated Abacus Bank. It was proposed that as long as Sun Qicheng is willing to pay a fine of USD6 million , the matter could pass. But for the dignity of his family and for the dignity of the Chinese, he did not compromise. "We Chinese do things cleanly, and we will never recognize what we have not done. This is a country that exercises power. I can't let the Chinese face be dulled with shame. I also want to restore my own dignity." He decided to fight for fairness and justice no matter what the price was. In the face of powerful government agencies, his only strength was that of his four daughters. Three were lawyers and were quite familiar with US politics, economy and law. :The government doesn't know that I'm not that easy to bully, but my daughters, they are also strong, wise and capable women. The US Prosecutor's office did not expect that he was so stubborn and tenacious. He had 182 charges. The prosecution used hundreds of well-known lawyers to investigate the files of Abacus Bank in full, so that his family would plead guilty. In this most difficult period, he was supported by his closest compatriots in Chinatown. Every day the owner of the noodle shop presented his daughters with hot wonton noodle. They would stay in the shop for a whole day, discussing the case to "restore dad's innocence!" Many Chinese were waiting for the day when he would be cleared of his charges.He said, "When I was in trouble, my compatriots did not abandon me. They gave me encouragement, support and told me that I would win the lawsuit." The lawsuit lasted five full years and involved more than 600,000 files. In this power disparity contest, he finally won justice with extraordinary courage. In the end none of his 182 counts and 240 counts were proven. After learning of the victory of the lawsuit, many Chinese came forward, "You fought for us and let us believe that we still have a chance for justice." This was not his victory alone, but a victory to defend the dignity of all overseas Chinese. Later, the story of Sun Qicheng's family against the US government was filmed as a documentary depicting the Chinese resisting injustice. "Abacus Bank, small enough to jail" was nominated for for best feature documentary for the 90th Oscar Award and won other film awards. This is the legacy of the elderly Sun Qicheng, and the spirit of all Chinese people who strive for and value peace. The backbone of the Chinese people will never be broken and the faith of the Chinese people will never be torn apart. An unyielding China will eventually win. Watch the documentary, "Abacus: Small enough to jail" (2017) - How a Chinese family fought against the US government for 5 years. https://youtu.be/75SLTTgFGTc8 https://youtu.be/JkscvUEUnJA Circulate this story to as many people as possible to let the world know how racist and anti-Chinese the Anglo-Saxon Americans are and how they trampled on the human rights of other ethnic races. Southernglory1 Monday, 16th September, 2024 Posted by southernglory1 at 10:33 am

China's Role in Global Politics : Understanding Its Relations with Major...

歌唱祖國 Ode to the Motherland [字幕版 With Subtitles]

China just wiped all US manufacruring industries

CHINA Just WIPED OUT All U.S. Manufacturing INDUSTRIES... & U.S. Was TOTALLY Unprepared! BlowMe AI 38.7K subscribers Join Subscribe 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 . 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 K Share Download 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 , 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 views Sep 14, 2024 #manufacturingexcellence #ChinaEconomy #MadeInChina China has become the world’s leading manufacturing powerhouse, producing everything from smartphones and electric vehicles to solar panels and everyday products. In this video, we break down the reasons behind China's dominance, including its large workforce, efficient supply chains, and business-friendly policies. We also explore how China leads in high-tech industries like electronics and electric vehicles, and what this means for global trade and the future of manufacturing. #manufacturingexcellence #ChinaEconomy #MadeInChina #GlobalTrade #SupplyChain Join this channel to get access to perks: / @blowmeai Transcript Follow along using the transcript. Show transcript BlowMe AI 38.7K subscribers Videos About 478 Comments Eng Lam Yeo Add a comment... @clarenceedwards2866 14 hours ago According to Janet Yellen, China is too large for the rest of the world; there was a time when the US was the country that fitted this bill, but I don't remember hearing the Chinese complaining that the US was too large for the rest of the world. Why is it that the US is behaving with this ridiculous entitlement? 42 Reply 2 replies @PeaceAndLove303 18 hours ago Instead of spending money on wars and weapons manufacturing and invations of death and destruction China focused on industries and manufacturing and infrastructure of everyday needs also there infatructures, roads and high speed trains are kept well etc. Countries used China to produce cheap Products that West simply cannot match. The West simply closed there manufacturing industries and failed to keep up with infrastructure even let roads and buildings fall into disrepair. and has mass unemployment and have become reliant on China for every day goods. Without China the world wouldn't get there every day needs. Trying to increase export tax and sanctions etc on China will only affect western countries. We would think the USA and western countries would learn and start investing and producing from there own new built industries in there own countries. Fight war not wars, invest in industries and production and infastruture for workers wars dont work this is 2024 a world of nukes we live in. 31 Reply 1 reply @harryni2162 11 hours ago Is America a democracy or oligarchy moneyocracy? The fundamental systemic differences between USA and China are: 1 There's no slaughter, loot and genocide against natives and ethnic minorities in China, the 'I Can't Breathe' incident never happened in China. 2. There's no forced labouring, no child pornography, not even a forced tip in China. 3. China does not allow 1% of the population to own more than 90% of the population's total wealth. 4. China does not allow its people to die in mass shootings, let alone let school children get massacred by guns. 5. China does not allow the drug problem to plague the country and kill more than 100,000 people every year. 6. China has never invaded other countries or engaged in colonial expansion. 7. China never interferes in the internal affairs of other countries, and never seeks and fosters agents abroad. 8. China has never based its foreign policies on 'We lied, we cheated, we stole. It reminds you of the glory of the American experiment(Pompeo)'. 9. China has never sought to dominate the world, nor deprived any country (region) of its right of development. On the contrary, China shares development and prosperity with all trading partners. 10. China will never do anything to weaken or eliminate an opponent in order to win. Instead, China is focused on bettering itself. 11. China never fires missiles at wandering balloons, but heavily invests in better infrastructures so Chinese people can enjoy better life, safety and health. 12. China advocates and practices in 'Unite and Prosper', the US pursues and believes in 'Divide and Rule', one is constructive and one is destructive. 13. China always follows Confucius philosophy 'Seek common interest and reserve difference', the US prefers 'Either at the table or on the menu (Blinken)'. 14. In the end China walks the talk with a moral compass, the US talks the walk without any moral compass. Conclusion: China's system truly reflects 'of the people, by the people, for the people', the US system betrayed Abraham Lincoln's idea, it truly manifested 'of the 1% people, by the 1% people, for the 1% people'. 11 Reply @patriciaknight1332 17 hours ago Additionally China's education system is light years above US so is Russian education. 65 Reply 5 replies @randychurchill201 19 hours ago It was the US that moved manufacturing out of this country. We did this to ourselves and now we are complaining?This was intentional. Stop kidding yourself. 124 Reply 10 replies @stormyandcold 19 hours ago A nation who's people are willing to work hard without question and adapt quickly to the latest innovations is a very dangerous nation indeed to the West. 32 Reply 7 replies @MalcolmStewart-r8r 14 hours ago I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for. 118 Reply 22 replies @gooddeedsleadto7499 18 hours ago (edited) This means that China’s actual GDP is significantly higher than that of the U.S., considering that the true value of the Yuan is likely much stronger than its current exchange rate suggests. 52 Reply 2 replies @GoodBaleadaMusic 20 hours ago Europe and its colony's should learn how to cultivate abundance. 46 Reply 5 replies @TAKKLE-TFMC 14 hours ago Hopefully, Australia will wake up and get away from the American dollar choke hold. 14 Reply 1 reply @limabc2009 13 hours ago China had the high GDP but USA had the highest GDP because of large quantities of weapons which does not contribute to high standards of living. Poverty in USA is increasing but in China poverty is decreasing... 8 Reply @Da-Traveler 19 hours ago Ellis wrote: "Napoleon is reported to have said: 'There sleeps China! God pity us if she wakes. Let her sleep! " 14 Reply 2 replies @wulfychen3058 20 hours ago Cooperation is always a win win situation. Sanctions and constantly smearing people at the back is an act of a desperate loser!! 90 Reply 6 replies @edringweeko3419 18 hours ago I couldn’t get anything made in USA back in 2001 cause everything was expensive we had china 12 Reply @jeremyxu8155 20 hours ago China had not been involved in any war in the last 40 years. Since becoming independent 247 years ago, USA was not involved in wars for only 17 years. This is something that China could not surpass USA. 66 Reply 1 reply @andrewwalsh2755 20 hours ago I'm old enough to remember manufacturing being moved to China... because it was cheaper... so a company makes more profits... Today, govts import cheap labour, so that companies make more profit... Conclusion: maximising profitability... minimises lifespan... Isn't that what happened to Boeing? And countless small businesses which can no longer compete with China? 48 Reply 3 replies @javasrevenge7121 19 hours ago You forget one thing, the US is only building militairy bases abroad, China is building structures and infrastructure. 25 Reply @user-qb6gu4bk9lBiafra 17 hours ago America 🇺🇸 is jealous of China 🇨🇳, America 🇺🇸 should compete not bullying others. 42 Reply 3 replies @ericstockler2353 15 hours ago ONLY WESTERN COUNTRIES FELL FOR USA BS!!!! 17 Reply @ardenbowman4489 18 hours ago YEAH,WE HAVE WAITED TOO LONG TO CHANGE ANYTHING,THE ACTION SHOULD HAVE BEEN IN THE 60;S ,IT WILL CRASH CAUSE ALL WE ARE INTERESTED IN IS QUEERS,TRANS,EV;S AND HOW TO SCREW THE AMERICAN PEOPLE OF WHAT WE HAVE LEFT AFTER TAX,AFTER TAX AFTER TAX,OH YEAH AND ENDLESS WARS TO FILL THE DEFENSE CONTRACTORS POCKETS 11 Reply @AntonyTCurtis 20 hours ago When the USA became the largest manufacturer after WW2, you didn't see the former leader kicking up a fuss and imposing sanctions against the USA. Now it is the USA's turn to experience this and to do so gracefully. 66 Reply 6 replies @stephenlock7236 20 hours ago Unlike the West of the past eras, China achieved all that without the thieveries, the lootings, the genocides, the unequal wars of terrors and inhumanities that the Anglo Saxons used to achieved what they did for anout 500 years. 121 Reply 12 replies @blacksand6368 17 hours ago (edited) Something is about to happen. Japan had to go to war to save itself from oblivion. 5 Reply @RobertCharbonneau-dn6uc 20 hours ago Still you use inflammatory titles, completely inappropriate. Confronting instead that simply appreciate the Chinese accomplishments... Do you get it? 21 Reply @peterkiro2132 14 hours ago Funny that china made cheap stuff but then retailers sell it 100 times more then they get from china . 9 Reply 2 replies @peteskipetek 20 hours ago Only if we had smart politicians i think it would of been a better idea to go south america for cheap labor instead of china across the ocean we would have amazing train rail system 12 Reply 2 replies @awwman240 19 hours ago So USA could senction China and Russia but they could not? 8 Reply @robertnitschke1649 7 hours ago we did it companies CEO make more money by making it in China , its all about greed .we don't make cars anymore in Australia .our cost of living and high wages have put us out of the market . 4 Reply @mamunahmed2506 20 hours ago Wonderful and informative podcast, Sir.. Please keep up the great work you are doing... 15 Reply @jessemayle1380 19 hours ago China needs to worry less about quantity and a lot more on quality because who cares if it's cheap if it falls apart the first or second time that you use it 6 Reply 2 replies @user-hy5yt6jt6u 10 hours ago As US & Some European nations are becoming notorious....it's in public interest to bring these notorious nations down economically.... 2 Reply @ravenouself4181 20 hours ago The USA: Fuck around China: Ok, then I assume that You want to find out? The USA: Holdup 15 Reply 1 reply @chingo3625 20 hours ago Planned economy is very different from that of so-called fiscal or monetary annual budget. China plans what could be done or achieved in five years, the term "Made in 2025" in the year of 2020 means, they are closing to their target regardless of deficit that is internal money supply to the economy, while the fiscal or monetary of annual budget is how to spend the revenue generated, no goal or any achievement is looked after. 6 Reply @Randywilliams-xy4sj 20 hours ago That's good ok you move to another for cheaper labor this is what they mean the rich gets richer because you don't want to pay your employees. Let companies find out what it's like to lose money. 5 Reply @gretekristiansen2384 21 hours ago BRICS. LOVE IT. 68 Reply 2 replies @sootuckchoong7077 10 hours ago (edited) Time 21.00 "Japan is giving $10 billion for the..." .... isn't this also subsidising by the govt? US also do that. Many more countries also do that. It's already common. What's wrong with China doing that? 2 Reply @elliotlambert3817 6 hours ago the truth about the value of the Yuan to US dollar is that the US dollar is over valued by 50%, drop the value of your rip off dollar and start giving value and not buying cheap. 2 Reply @AlmaMercer 20 hours ago (edited) 0:16 Repercussions for all the sanctions, we have put on them , can we blame them not at all. 11 Reply @multipolarworldorder 18 hours ago Viva China 7 Reply @Hmyt-yucca 13 hours ago China should consider imposes Exit Tax for NATO countries export. Your mfg capabilities and efficiency should never benefit them, but to the developing countries 2 Reply @lominiski 8 hours ago I remember in the 90s when I was working for a US corporation and we were moving computer manufacturing to China. Prior to that in the 80s, Canada was setting up telecom network manufacturing in China....Yeah Cisco did too.....At first it was only production, then the Americans moved R&D. The US corporation that I worked for had a JV 51% shared with the military and 49% for the US corporation. 2 Reply @redsparrow5584 14 hours ago Terrific podcast and its discourse subject matter is ‘second to none’, great work. Fraternal greetings from the U.K. 3 Reply @padredemishijos12 18 hours ago China's low cost of labor is mainly due to subsidized housing, transportation, education and healthcare and finance, all supported by the Chinese government and state owned banks. That means that workers can save money on those living costs, and have a high savings in their bank accounts. 8 Reply 4 replies @dandan2593 19 hours ago The average wage and minimum hourly pay are actually higher. Especially in Beijing and Shanghai. Mixing one truth with two lies makes this presentation at least questionable. Part of the $ 1.8 bil ussa propaganda machine. 7 Reply 1 reply @noyrobi 18 hours ago God bles china 13 Reply @alexblik122 13 hours ago Greed, what's killing , and the decision to move manufacturing to china is the worst for the Western countries ,and this is the consequences . 4 Reply @stephenlock7236 20 hours ago China must implement tariff policies that are as aggressive and as unfair as those imposed on it by some countries, so that the imports from these countries will die a death for lack of a market for it. 11 Reply 1 reply @kontrollierteschaos4068 19 hours ago And that is why China supports Russia and always will. China needs Russian energy to sustain such a large industry, without possible sanctions from the West. 13 Reply 1 reply @flow6279 10 hours ago US companies continue to seek countries with cheap labor to manufacture their products as evident by many companies recent relocations of their operations to India, Thailand, etc. from China. Maybe the US should sanction or tax these companies to push them to bring jobs back to the US. 1 Reply @phongy45 20 hours ago SINCE THE USA DON'T LIKE CHEAP ESSENTIALS , WHY DON'T CHINA OR OTHERS JUST PRICES UP 50% OF ALL PRODUCTS TO USA ???? .... ALL PRODUCTS , JUST UP YOUR SELLING TO USA !!! ... USA DON'T LIKE LOW PRICES ... 11 Reply @YOU-kd5fb 19 hours ago cheap labour.. business ecosystem..export tax free..fast transportation.. huge skilled human resources who can compete 2 Reply @jacintochua6885 18 hours ago So this is over capacity accirding to Yellen? Private enterprises takr a large portion of manufacturing in China. The commentator is either lyung or ignorant. 4 Reply @sofiadreamer 6 hours ago The companies are withdrawing from China and not the other way around.. 1 Reply @MrjackieG 5 hours ago Over 50% of US military spending is going to graft.(over priced, non battle proven). 1 Reply @user-go9jn4gv2t 3 hours ago All my respect and gratefulness to the Ancient Chinas Wisdom. Remember the Opium war. Would Europe and the USA not be willing to a Beautiful Cultural Revolution? To revenge the savagely beheaded Queens and Kings of Europe? And all the innocents victims the post 1945 Hiroshima and Nagasaki Thievery caused? The more than 1.000.000 Vietnamise zum beispiel ? 1 Reply @SquirrelLoverr 2 hours ago China made 19% of world economy , US made only 15% , US has 4% lesser than china 🇨🇳 1 Reply @Dragon3514-m9u 2 hours ago China will ensure Russia is the next in line for superpower manufacturing status. 1 Reply @andyjk5974 17 hours ago 0:40 so they decided to use red colour for China and green for USA. 2 Reply @Dragon3514-m9u 2 hours ago Bless China and the Brics Nations. 1 Reply @AIPretendingToBeHuman 17 hours ago "Beijing hourly US 3.70/hour"; California US $16.00/hour. I live in Silicon Valley, intuitively I felt China had a 5 to 1 advantage, this is across the board from factor workers to chip/ai designers. The only way for US companies to be competitive is to use our military and "soft" power to coerce other nations to buy from us instead of China. 1 Reply 2 replies @jackforstudent8200 15 hours ago in the beginning china offers a cheap labor inchange for technique and the peoples will improves this is the result now. that is a common phenomena. every one want to improve themself right????????? what is wrong with this??????????? 2 Reply @o.z.p. 18 hours ago Such informative truth. U.S. worried about weaponry. China interested in economics. Americans now buy str8 from China online. As an American consumer I've always been a bit envious of China and their appeasement for the bare minimum and their restraint for the greedy maximum. I guess that proof is showing in the pudding. 2 Reply @fourtycents 10 hours ago Ummm…… what now all those brands left China greener grass close to home 1 Reply @GARRYJackson-q1h 3 hours ago 100% tariffs on all Chinese goods Reply @johnbradbury5111 14 hours ago Good bring those jobs back in usa not china 3 Reply @arnargulaugsson2252 10 hours ago Very interesting thank you. 2 Reply @davidstahl1819 11 hours ago Of course they are , no environmental laws to hold them back . Reply @jourdanmiranda8662 20 hours ago when you try to feed a baby dragon hoping that it could be tamed, but when the dragon grow and become stronger than the one who feed them, they will eat all of them like a rat 13 Reply @KNxYZ8 14 hours ago All these company mentioned may have their products manufactured in China but at the end of the day, they are US Companies! Now that they are pulling out from China, what then? Put the same product of a company but manufactured by different countries, put them side by side. If a consumer is particular about quality, Made in China will be left behind compared to Malaysia, Taiwan, Indonesia, Vietnam, specially SouthKorea and even Philippines! Why? No amount of propaganda will change the fact that China has a crazy way of doing things nowadays. Propaganda might work well before but then again, didn’t Chinese Economy only grew after abandoning a full pledge Communistic way and adapted Capitalistic system? After all, USSR did not work, why would Chinese Communism would work? 2 Reply @user-go9jn4gv2t 20 minutes ago If VW suffers from sanctions because of their plant in China, the same will happen because of sanctions to all other EU car brands (Mercedes, Audi, BMW, Porsche, Citroen PSA, Renault, Seat, Skoda, Dacia aso because they must all have installed plants in the Lth areas with the fair consent of China). But we are governed by a plethora of useless guys at EU who dare to impose their way of thinking to civilians but who enforce blind sanctions. To look impartial as judges while we all know they are parties to their own interests. The most stupid Civil Servants and Politicians I ever seen. Reply @markowen7255 3 hours ago we know that. But we can manage without China. Reply @manabouttown2739 14 hours ago Bye bye America 2 Reply @user-ui7gf4os2q 7 hours ago считают военные расходы США но не понимают что там цена болта или час рабочего стоит намного выше чем в других странах Reply @mhjb0034 4 hours ago Electric cars have no engine, no power transferring system, and no cooling system. Electric cars seem like an empty can added battery. So an electric car's price might be cheaper over half than a gasoline car. Reply @ltshakir2602 4 hours ago America's Hypocrites did America say too big to fail bailout GM Corporation at the taxpayers cost ??????????? 2 Reply @AresLau 12 hours ago I blame both of the Rich and the Union. The Rich outsourced the manufactories, and the Union jerk up the cost. People have to learn one thing, don't stay with the same company, and the same job for the rest of your life. I have learned my lesson ten years ago. Loyalty doesn't pay out in the real life. Reply 1 reply @user-jo3my4un5dzD 13 hours ago It all started at 1990s . First it was very good but future is blick. Reply @ricardocoloyan8419 10 hours ago It's in a different situation now. China ia struggling. Reply @rupertbear6883 16 hours ago (edited) worked in south china for 3 years... never so a wind turbine or solar panel... 1 Reply @blacksand6368 17 hours ago But if no one buy their stuff then what? 1 Reply 1 reply @juneflower9965 14 hours ago THE PROBLEM IS, AMERICAN BRANDED APPLIANCES OR HIGH TECH PRODUCTS IF IT IS MADE OR ASSEMBLED IN CHINA IS NOT AS DURABLE OR AS GOOD AS MADED IS USA. 2 Reply 2 replies @GhulamMustafa-fz5ic 20 hours ago Very good 1 Reply @Zindo.Majesty.HisMajesty 13 hours ago Proof it’s time to bring back manufacturing. Reply 1 reply @jurgennolte7577 18 hours ago Good and if you get an order in make sure it's from a civilian so you there in china can still send it. Reply @BureaucracyWorld 20 hours ago (edited) Chinese workers are concerned about their productivity and quality outputs for their companies. American workers are concerned about taking a break on time, work-life balance, going golfing, and having BBQ before the sun goes down. 13 Reply 5 replies @khairularchi 5 hours ago Not trying to be funny but everything said in this video reminds me of something that Cardi B (the rapper) had been said sometimes ago during the pandemic whereas "anti-China" sentiment amongst Americans and the politicians and she'd said, if I can remember correctly that we Americans shouldn't have China because everything that we had, bought and used are coming from China. Thus, she reminds Americans to be thankful for that and the gov should be more collaborative with them in an economical sense of affordability and spending behaviour. Reply @thecsucihai 7 hours ago Come on. One Minute Ago? That is old news. Next time use One Second Ago. Reply @thehypocriticalcynic9182 19 hours ago This guy should fire his research-team... Janet Yellen (U.S. treasurer), went to China to inform them to stop producing, "so much stuff." 2 Reply 2 replies @ValinPrezkowski 11 hours ago If you believe this video you are sadly uninformed. China’s gdp is crashing. If you are paying attention then you know that China’s residential construction sector is crashing. Foreign investment and foreign companies are fleeing. Unemployment is widespread and those that are working are either expending slashed wages or are not getting paid at all. Millions of stores and restaurants have failed or closed. People are in shock! Millions of people can’t afford to eat. Social unrest is rising and there WILL be an accounting by the CCP! Reply @healer1000040 5 hours ago Make short movies nobody has time to stick on 48 min long. Reply @MichaelHarrisIreland 20 hours ago Yes, but what else can they do? Reply @dutchuncle3310 5 hours ago So Xi decided to cause a short term shortage goods to try to boost its collapsing economy. This video completely ignores the fact that foreign companies have been pulling out of China for some time now. A lot of these companies have been moving to India and Vietnam. The message here is China got where it is by undercutting its competitors. Add to that the fact that china produces goods to replace other goods that are still perfectly fine like cell phones. Steel and aluminium production are a non issue there is enough production capacity present in the rest of the world. China is where it is because of its exports without exports China will collapse. Then there is the real kicker China is aging fast, it will lose a large part of its workforce. Reply @Dirkbmw 20 hours ago its a two way cutting knife, china does not produce those anymore 1 Reply 1 reply @blueraytransmission7904 17 hours ago dont worry we have Korean Reply @alinlou9236 10 hours ago Do they pay the work force. Reply @myeverythingworld8123 13 hours ago The leader in bad quality goods 1 Reply @NewZealandWild 13 hours ago Misinformed and out of touch. China is in sharp econimic decline. It is currently experiencing financial chaos. The cities are emptying and industry is collapsing. 1 Reply 1 reply @hjb4304 19 hours ago Yes fainely Reply @willemruiter8423 18 hours ago Think about the Philippines! Reply 1 reply @snodgee 19 hours ago A lot of big tech firms are pulling out of China like Apple and Foxconn 2 Reply 4 replies @bc0601 20 hours ago Yea!!!!! we don’t have to buy china made products anymore???? 250% tariffs coming 2 Reply 1 reply @fialeks 18 hours ago This Baldwin? Reply @gibbs677bg 20 hours ago There's NOTHING that China makes that I can't do without! 6 Reply 5 replies @willemruiter8423 18 hours ago Go to Vietnam the best from the best! Reply 2 replies @MaCo-p9w 20 hours ago Get lost MooFoo Reply @lindaanderson3698 18 hours ago Now China is too expensive so they moved to Singapore/Shanghai and that's too expensive so they're looking at Africa. China's gov will give money to losing companies so despite losing money they can undercut competition. US companies are not getting the same gov funding so it's not comparable. Solar panels were started in US but China gov gave money to industry until US could not compete with producing at a loss and lost solar to China. Might have wanted to mention that. How can US compare with wages of $3.00 per hour in China? Move to Africa for $0.80 per hour. ? Reply @emirzarfan133 19 hours ago lazy #wolfofwallstreet Reply @edmsh5988 18 hours ago You live in a bubble Reply @edgonow 14 hours ago (edited) That's why we need to take our country back. Stop relying on the rest of the world. 1 Reply @user-go9jn4gv2t 3 hours ago #PunhetasDeBacalhauComBatatas Reply @geno4825 19 hours ago " China's too large" the other side of her mouth "We need a one world government" 2 Reply @robertsandberg1183 17 hours ago USA made Chia’s economic success and it can break it too Reply 1 reply @wesleyferguson6932 20 hours ago Time for the manufacturing of products to be made in America again where American people can be working again. 3 Reply 5 replies @rishiadhikari7081 3 hours ago Tit for tat ! Reply @danv965 19 hours ago Canada and Mexico will help America 1 Reply 2 replies @captng 16 hours ago Propaganda news network... Reply @wookfoot8408 19 hours ago Taiwan is a free & independent country 🇹🇼️ 2 Reply 2 replies @wookfoot8408 19 hours ago Just a friendly reminder to post "Taiwan is a free & independent country" on anything regarding chna 🇹🇼️ 2 Reply 3 replies @frank1424 18 hours ago Bravo China. BRICS is the Future. Long Live BRICS. Reply @rogeroeyen 1 hour ago According the IMF, the world bank and the CIA, China already surpassed the US (27.63 vs 34.64 for 2023) in (PPP) GDP a few years ago (https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)). Nominal GDP is a flawed figure, because it doesn't take in account the purchasing power of the country and includes government spending. Wealth can only be measured by what you can buy from the money you earned. If a country wants to jack-up its nominal GDP, all it needs to do is spend more money. This would still be OK if the money spend is available and benefits it's economic growth, but the US doesn't have that money and needs to borrow ever greater amounts of money just to maintain the status quo, while a good portion of this money is squandered away on their military. Military spending doesn't create wealth for a country, but is doing rather the opposite. US federal debt is currently at 123.44% of nominal GDP and rising by a cool trillion every 100 days. This is unsustainable and the US will eventually pay a hefty price for this miss-management. 1 Reply @roberttouchette2823 20 hours ago Bout past time to change this. 1 Reply @jjpowell1468 9 hours ago (edited)