COMMENTS: How the US is waging economic war on China: Radhika Desai & Michael Hudson

How the US is waging economic war on China Geopolitical Economy Report 350K subscribers Subscribed 3.3K Share Download 52,584 views Apr 9, 2024 Radhika Desai & Michael Hudson - Geopolitical Economy Hour Political economists Radhika Desai and Michael Hudson analyze how the United States is waging an economic war against China. Transcript: https://geopoliticaleconomy.com/2024/... You can watch other episodes of their program Geopolitical Economy Hour here: • Radhika Desai & Michael Hudson - Geop... || Geopolitical Economy Report || Please consider supporting us at https://GeopoliticalEconomy.com/Support Patreon: / geopoliticaleconomy Podcast: / geopoliticaleconomy Newsletter: https://GeopoliticalEconomy.Substack.com Explore the podcast 34 episodes Radhika Desai & Michael Hudson - Geopolitical Economy Hour Geopolitical Economy Report Podcasts Transcript Follow along using the transcript. Show transcript Geopolitical Economy Report 350K subscribers Videos About Patreon Twitter Canal en español 460 Comments Eng Lam Yeo Add a comment... @sombut415 6 months ago I just love listening to smart people. You guys are so awesome.👏👏👏👏👍👍👍 137 Reply 3 replies @PerceivedREALITY999 6 months ago China has the greatest manufacturing capacity. US has the greatest national debt. 222 Reply 10 replies @prasitkoysiripong5150 6 months ago China keeps on working. The USA keep on complaining. 316 Reply 14 replies @NotAPacifist825 6 months ago Yellen's accusation that having a successful industrial policy is somehow "cheating" is simply an admission that capitalism is a failed system. 118 Reply 4 replies @PerceivedREALITY999 6 months ago US wanted to make a fool out of China. But instead, the US made a fool of itself. Let that be a lesson. 255 Reply 8 replies @kathryn1402 6 months ago Thanks to Professors Radhika Desai and Michael Hudson for such an interesting topic on the economy of China and America. 54 Reply 1 reply @francesoregan394 6 months ago Brilliant discussion, Thank you both 25 Reply @yaoliang1580 6 months ago A declining empire is at its most dangerous n will lash out aimlessly in all directions trying to drag the world down with them 227 Reply 10 replies @WhatIThink45 5 months ago This video needs to be turned into an article. Really powerful information and analysis. 4 Reply @godfatherofcinema 6 months ago Radhika Desai and Michael Hudson; it does not get any better than this 😊 16 Reply @NakaMonxo 6 months ago At some point the U.S. has to come to terms with the fact that it is no longer business as usual out here, countries are simply fighting back and resisting being pushed around. 92 Reply 1 reply @User-nw37 6 months ago What about 800 us military bases around the world? The greatest overcapacity of all! 113 Reply 6 replies @danielfranklin2344 6 months ago I feel like I'm getting a master class university level education on global politics with your videos! Thank you 38 Reply 1 reply @Jimi_Lee 6 months ago Great show, as always. 😎👍 16 Reply @theinfralink6598 6 months ago (edited) Yellen used the phrase “surplus capacities” for EVs, solar energy, batteries. China’s response is that there is no surplus capacities relative to the world demands for all of these goods. The world needs more affordable EVs, batteries and solar energy. 35 Reply @Anders01 6 months ago Great information! Finally an expert view that makes sense. I believe that your view about China is way more accurate than most other experts' claims about China. 18 Reply @larrysherk 6 months ago Waging economic war on China is a stupid idea and a losing battle. China and Russia have demonstrated profusely that the way to peace is through comprehensive international trade. So America just struggles along with its competitive capitalist model until we drive ourselves into the ground. 103 Reply 1 reply @michael511128 6 months ago First, US may offer to leave Taiwan alone. Second US may offer the return of looted artworks from the Summer Palace in 1860. Third US may offer to get serious in fighting global warming. 33 Reply 1 reply @User-nw37 6 months ago Thank you for the education Ms Desai and Mr Hudson! 15 Reply @corneliusboza7338 6 months ago High quality conversation 👊🏾 7 Reply @Dragon-gl1rw 6 months ago Great! You have invited one of the best in geopolitics. 8 Reply @Hesham_MK 6 months ago Just like Prussia, America became an army with a country rather than a country with an army. 90 Reply 4 replies @paulmicks7097 6 months ago Greatest economic discussions that can be found in the universe at this time. 11 Reply @treesa2732 6 months ago $5.00 Thanks! 17 Reply @BeijingBuzzz-China-Travel 6 months ago These talks are excellent in explaining the truth that the MSM obscures. 55 Reply @moreless2690 6 months ago For a period of time, the US has been a straightforward place to demand from others. No one can take on a challenge. "My way or the highway". China is the only country that has accepted the highway to discover it, which is a much quicker and superior choice. And numerous other countries follow suit. Uncle Sam has become irrational to find the truth. Now the US currently pleading with China to exit the highway. China relies... "No Way, Jose"hand-purple-blue-peacehand-purple-blue-peace 42 Reply @instantpotenjoyer 5 months ago The most astute commentary in the game. Thank you for a great show! 2 Reply @paolageorgiadou8561 6 months ago Watching you from Greece 🇬🇷 love to hear you, congratulations 👏👏👏 3 Reply @ChingWu-vt4tf 5 months ago (edited) Dr. Radhika from India and Canada is very impressive. First time to hear her talk. Dr Hudson, 85 years old, is even more impressive his mind is still amazingly sharp and super knowledgeable.Both of these two talents are super. 3 Reply 1 reply @SimonCU 6 months ago People in China have the "freedom" to sell the product at whatever price they want. Why are US complaining? They should be complaining the over production of iPhones and over charging it and causing inflation. 51 Reply 6 replies @nancymartin1551 6 months ago I just really love your channel. I am rather old now, and am learning so much from you. Thanks so much. A real education! 6 Reply @anandagarwal7237 5 months ago Excellent analysis 2 Reply @jaysphilosophy1951 6 months ago Are you sure Yellen is over there to demand and not beg? What position is she in exactly to demand anything? 54 Reply 3 replies @Qrtuop 3 months ago Love them both. Thank you Radhika and Michael for sharing your knowledge with us. Reply @almcl9391 6 months ago Always brilliant. Always greatly appreciated 👏 5 Reply @albertli3935 6 months ago This is one of the best informational and educational video I have seen for years. Excellent analysis and discussion of Sino-American economical war. This is a must see video for all who study or interest in Geopolitics. Salute to all who contribute for the making of this video. God bless you all!!! 3 Reply @11Sinistro7 5 months ago Spot on analysis. Thank you for sharing your enlightened views✊🏼 2 Reply @pausereflect5911 6 months ago (edited) Enjoyed the show very much. Thank you both.❤❤ 2 Reply @cam35mm 5 months ago What Michael said at the end, how natural the flow of talk between you two says a lot about the quality you two bring to the table. Aces. 3 Reply @MatewanMassacre 6 months ago The costs of production, and of maintaining labor, are so costly in the United States that large-scale manufacturing shall never return ... under the current economic paradigm. The inherent contradictions within the system are on full display, yet so many still cannot see them. 🤦‍♂ Not that I expect change to come from the top, but the masses of people do not recognize the problem. 18 Reply 2 replies @yoyo5050 6 months ago (edited) Chinese are too smart and innovative to be “contained”‼️ They will outwork you 100x over before you can bat your eyes‼️ #Innovateorgetkodaked ‼️ #Timesup ‼️ This was Amazing ‼️ 35 Reply @TeacherLisaHello 5 months ago Thank you for an excellent show! 1 Reply @DMGrass-gb9kg 6 months ago Thank you all! 3 Reply @DailyBeatings 6 months ago Chinese subsides for NEVs and renewable energy are less than half per unit versus the subsides both the EU and US provide...🤣 21 Reply @RyanHillier 6 months ago Another fantastic show from the best geopolitical economy experts one could ask for. Bravo. 1 Reply @ThomasThomasThomas-t5p 6 months ago Michael hudson is a great mind 7 Reply @Mimicry161 6 months ago Great talk. The improvement in the HUD is greatly appreciated. If you could, adding chapters/timestamps would also be incredibly useful for the viewer. Thanks! 5 Reply @terrencedludlu8370 6 months ago Very insightful discussion 👌🏽 Thank you from South Africa 🇿🇦🌍 1 Reply @guennadifedorov2239 6 months ago The current mode of the globalization started with the political decision of the United States to stimulate the economic development of Japan so that it become a counterbalance to the Soviet Union and China in the East. As a result, the custom taxes were removed in the United States on the import of several industrial products from Japan notably textiles and consumer electronics. The results were impressive. Japan did propel in its economic development, with the standard of living significantly being improved. Simultaneously, cheap, diligent and industrious Japanese labour ensured, in the labour intensive industries, the very low production costs which benefited the US consumers. Most importantly, the corporations involved enjoyed huge profits . When the salaries in Japan increased, the profits from the labour intensive industries declined. To maintain the profit or the corporations and the flow of cheap import of consumer goods to US, the new pattern of globalization was extended to so called five Asian tigers. The taxes on their export were decreased or removed. As in case of Japan, many industries including garment, textile and consumer electronics moved to those countries. Again, with the rise of labour cost in Asian Tigers, this process was repeated with the inclusion of some other countries, particularly, ASEAN economies and then China and India. Everybody seemed to be happy. The new trend of globalization was eventually legalized in WTO agreements. But there were many seemingly unexpected side effects. Although, many developing economies, mentioned above, and even some developed countries like Germany have benefited from the globalization many other nations and their people have not been so fortunate. For instance, Arab countries, which are not oil producers, were not able to successfully compete in the new open economic environment. Their agriculture has been also damaged by the opening to the highly subsidized agricultural import from developed countries. Resulting deteriorating living conditions was the most important cause of the Arab spring . Similar results of the globalization are evident in many countries in Africa and the Latin America. This trigged many military conflicts in and the waves of immigrants from Africa , the Middle East and Latin America to developed countries both in Europe and America The global elite which has gained tremendously from the globalization is not worry of the plight of developing countries and their people. The immigration is even beneficial to the corporation as it allows to suppress the labour cost in the developed countries. But there have been others unexpected results. Most importantly, with many industries being moved from developed to developing countries, it appears impossible to maintain the level of life the people enjoyed in the second half of the last century in developed countries. Everywhere, the real incomes are going down , people have to pay more and more for the medical care and the education. The discontent is growing all over the wold resulting in backlash against the current economic system. It may be useful to recall that the initial wealth accumulation in the developed world started with the colonization and slavery. Then, it was discovered, that it was much more profitable to import cheap natural resources from developing countries, make value addition through manufacturing and then export back the product at very high price. So called the ceases of prices brought to the developed world even more wealth than the inhuman colonialism. As wealth was created within the countries, it was sheared between the elite and people. This ensured social and economic stability. As many wealth producing industries move from developed countries, there was a hope that the service and financial sectors became the back bone of their economies. However, the current development seems to support the view that the financial and service sectors only create wealth when they are the integral part of the real economy while the financial manipulations and speculations only increase the number of billionaires and the shear of the financial sector in GDP. The fiat currency capital has appeared to not sufficiently trickle down to the real economy to support sustainable development. Neither it has trickled down to the ordinary people with the wealth gap growing all over the wold. With the shortage of the wealth generated nationally it has been compensated by increasing debt. To stimulate the national economy , maintain the standard of living and purchasing power of the population and produce the public goods the governments at all levels and as well as the people have to use more and more borrowing. In some smaller cases, the some national or local debt problems seems possible to be resolved through austerity but there is no much understanding what to do when much bigger countries, states or segments of population are involved. For instant, only US government has accumulated two trillion US$ and does not anything to resolve the problem. There was also a hope that the wealth continued to go to the developed world attracted by the financial centers , tax havens or real estate opportunities. It works but money flow again appears to be insufficient to support the current standard of living and sustain the economic development. Moreover, it is not clear what would happen to this inflows in case of a serious crises. A part of the elite continues to be fully satisfied with the current model of the globalization. This part represents the transnational financial and other global corporations addicted to the profit maximization at any cost. Their CEOs depend on the today's profit for their positions and benefits. Their shareholders are looking to maximize the profit now. These people are not capable to look into the future. The other part of the elite, mostly family owned , is worried of the deteriorating social and economic conditions and the rise of the alternative political forces, both right and left. Most frustrating to the elite is the fact that one of the major results of the globalization has been tremendous shift of the real wealth producing manufacturing industries to China.and the rise in political, economic and ideological strength of the communist China Consequently, the later part of the elite, wants to change the current globalization model and return the wealth producing manufacturing machine back from China and other developing economies. They already have great election successes in US and UK under slogans “America first” and “ UK first”. They also like to review the current economic agreements including those under WTO which so greatly benefited China. These above election victories and the followed actions met with strong resistance from the other part of the elite addicted to the short term profit. This represents a great split of the elite which makes the whole current capitalist economic system weaker. Most likely, it is now impossible to contain China economically even with igniting a trade war as it is already equally strong and in little more than fifteen years China would be two times economically stronger than US. Unfortunately, there might be a desire of the most extreme part of the elite to contain China military. China is now much weaker military then US not speaking of NATO plus Japan. However, China has nuclear deterrence which makes any military conflict absolutely dangerous. Furthermore, Russian military power is still formidable and its position will be crucial in any military confrontation. Combined military power of China and Russia puts them at least on equal foot with US and its potential allies. After the end of the Cold War and the disintegration of the Soviet Union the West discarded Russia as a political or military power and consider it as a devoted Western puppet. It totally ignored the political and economic interests of Russia and actively promoted Russophobia in the former Soviet Republics and beyond. Actually, the Russian establishment which transferred to the West at list one trillion US$ would have been happy to become a part of the global elite. Majority of Russian oligarch moved to the West and even changed their citizenships. However, they all were treated as second class people and were threatened with confiscation and even imprisonment. Not surprisingly, a part of the Russian establishment had become patriotic. When they decided to protect Russian interests the West tried to use its economic power to force it to comply with the West orders. Ironically, anti Russian position of the West including the NATO encirclement of the Russian borders and the economic and political sanctions and pressure had the effect quite opposite to the West expectations and pushed Russia closer to China in all areas. Ideologically, however, China and Russia are on the different sides , especially as Russian Establishment abandoned socialism. So, there are some voices in the West calling for the reload of Russia -West relation in a hope that Russia distances itself from China. However, because of the continuation of the chaotic and unfriendly policy towards Russian it will continue to move closer to China in the near future. It gives China sufficient time to overcame any attempts to its economic and especially military containment. 32 Reply 5 replies @commonsense6489 6 months ago ❤️❤️❤️❤️YOU TWO👍🏽👏🏽👏🏽 2 Reply @northstar1060 6 months ago (edited) yellen uses a lot of words to say ......WE CANT COMPETE .....capitalism/neoliberalism is killing us 15 Reply @alvinpleasant2510 5 months ago Thanks for sharing this video 1 Reply @Wunderpus-photogenicus 6 months ago When I become less and less intelligent (dumber?) and less and less capable, I demand my competition to “reduce” his intelligence and capabilities or else I will block him out from the race/competition.😂 19 Reply @jackchiu7560 6 months ago One word: fear. Fear is the only reason the U.S. waged an economic war to contain China. And the economic war spread to finance and technology and ultimately it became a total war against the Chinese nation. When tariffs failed, technology sanctions followed. When both tariffs and sanctions failed, de-coupling became the buzzword. And when de-coupling was found to hurt the U.S. economy more than China's, it was changed to de-risking which in effect means a "slow de-coupling" until a more appropriate time -- not to mention the now very famous "national security" risk/concern. And now, fear has invaded European minds and the Europeans want to adopt the American low-life tactics. Twenty years ago, American muscle cars and reliable Japanese cars plus reputable German, French and Swedish cars and even newbies from South Korea were selling like hot cakes in the Chinese market and each and every maker made a fortune in China. Nowadays, however, the U.S. has no hope of selling anything to China -- not only industrial products but also agricultural produce which are easily replaced by many other countries around the globe. Sooner or later, the world will be divided into 2 camps: one that embraces worldwide integration and the other a closed economy that fears competition. The acceleration of the de-dollarization movement will speed up the divide even further, to the point that it may break the world monetary system in half. Perhaps the "coming collapse of China" can somehow soothe the overwhelming anxiety of the West? 14 Reply @AIPretendingToBeHuman 6 months ago What's worse is that Huawei is primarily employee owned. This sounds suspiciously like Socialism. 26 Reply 5 replies @firstlast-pt5pp 6 months ago @47:23 - global south is becoming more productive by trading with China - "cheap" farming equipments for example. Which means more self reliant , competitive and sovereign. Guess who have problems with that? 7 Reply @richardhelfman903 6 months ago Three cheers for your excellent show. Hu Rah, Hu Rah, Hu Rah. 3 Reply @MR-tn5kv 6 months ago Excellent information & analysis Thank you! 2 Reply @gloriachinebuah 6 months ago 38:42 ❤️ 7 Reply @toastie8173 5 months ago The correct term is losing economic war, not waging it. 3 Reply @larrysherk 6 months ago Since we Americans live in an illusion of grandeur, we only start fights we will lose. China and Russia are waiting for us to grow up, for then we might be invited into the community of nations. 9 Reply @custom-furniture 3 months ago Just wanted to drop a note to thank both of you - Michael and Rhadika - you have been an incredible source of truthful information helping me to reach a point where I feel that I now understand geopolitics more fully - not understand the economics behind politics has been my blindspot I realise and now everything seems to make sense. I have listened to all of your videos on Spotify and have been blown away by how ignorant I have been. Understanding the history of the political economy and its impact in today's politics is so important, it can't be emphased enough. It is not an easy topic to get your head around but you have explained the elements very well. I am recommending your channel to all of my friends - keep up the invaluable work - we need more people like you - honest, principled, hard working and crucial critical voices in economic discourse. All the best from France. Reply @jason8434 6 months ago 10:08 This is an important point about politically imposed monopolies and particularly NATO as a strategy of market expansion for US defense producers. I've never heard this connection made, great analysis by Prof. Desai. 3 Reply @mikecooke449 6 months ago US political class has for years been chucking barriers in front of renewable energy development on behalf of their donors from legacy energy supply (oil, gas, coal). The climate change denial movement (funded by the same sector) has manufactured consent for this. 11 Reply @sulandelemere 6 months ago Always riveting 1 Reply @marcokite 5 months ago The US couldn't wage 'economic war' on El Salvador let alone mighty China (which is also in BRICS and is closer than ever to Russia). 2 Reply @kp6215 6 months ago Me Too had to laugh listening to Yellen on Monday. 3 Reply @larrycoffield3039 6 months ago A truly great show Reply @longw01 6 months ago ❤ 8 Reply @jaysphilosophy1951 6 months ago I don't believe there is a STEM shortage in the U.S. I have an electrical engineering degree and so do many of my friends. We weren't able to do much with it. But it's there. 18 Reply 4 replies @moreless2690 6 months ago I am clueless about how she obtained her Ph.D. in economics from Yale University in 1971. 8 Reply 1 reply @hasinurrahman6317 6 months ago Long and healthy life for Hudson❤ May Allah bless him. 5 Reply @S.Aliona 3 months ago Thank you for your work 🤝this is very useful, especially in the current situation in the world🙏 Reply @yaoypl 6 months ago The US politicians's irrational behavior is unbelievable. 3 Reply @longyou8254 6 months ago Thx for sharing Reply @box21946 6 months ago As an economist, I have a quibble with what Prof. Desai says at 1:01:05 to the effect that industrial policy has only been effective in non-capitalist ruling class contexts. What about the large industrial conglomerates in South Korean (the chaebol)? What about the post-war industrial policy of Japan? Weren't the "Asian Tigers" success a result of industrial policies? 7 Reply 1 reply @bjkhy5297 6 months ago AMAZING Thanks Reply @buravan1512 6 months ago As i'm watching now, i just finished to read an ARTICLE in one of largest European magazines, throwing dirt and undermining TEMU... 4 Reply @urrywest 6 months ago Yellen' : "Chinese capitalism works too good. Slow down." Chinese: Stuff it. 5 Reply @imw2902 6 months ago Thank you YouTube! I needed this channel! 1 Reply @william6223 6 months ago USA, incorporated is a bureaucratic collective, which has a military and operates in union with global corporations and various foreign actors, including UK, CCP, and Israel. 10 Reply @troywalkertheprogressivean8433 6 months ago 35:30 high profits should always be secondary to the human condition. 4 Reply @jacintochua6885 6 months ago Do t be envious if some one one else does better . Why try to impede others on what one can't do ? 6 Reply @danielhutchinson6604 6 months ago BRICS has assembled most of the former Colonies of the G-7 Nations former Colonial Empires in a Trade Group that now controls around 70% of available resources on this Planet. The West now notice their profits are diminishing daily as the effects of the former Colonies trading among their Peers, offers more profits to the entire group that BRICS has assembled. As the US applies sanctions to the trade within the BRICS Group, they appear to encourage even more Nations to join BRICS. Nigeria now appears to be asking to become a partner in that assembly. 5 Reply @weiyeongtan2695 6 months ago Yellen is acting like a school bully telling the entire school why the school need a bully to lead all students. The bully also quote a saying in the "Animal Farm" - All animals are equal, but some animals are more equal. You can guess who the more equal pigs is. 12 Reply 1 reply @psikeyhackr6914 6 months ago Haven't US corporations been waging economic war against US citizens with planned obsolescence for decades? Where is the data on the annual depreciation of automobiles since Sputnik? 3 Reply @troywalkertheprogressivean8433 6 months ago 27:45 america, pricing and priding itself out of existence. 3 Reply @michael511128 6 months ago Cacophemism is a word or expression that's generally perceived as harsh, impolite, or offensive, although it may be used in a humorous context. It is similar to dysphemism, and a contrast with euphemism. Etymology is from the Greek, "bad" plus "speech". 3 Reply @michael511128 6 months ago 👍 👍 👍 😊 😊 😊 2 Reply @immortalideas-fi6kj 6 months ago China works and get things done, USA, Europeans, and Indians talks and makes noise. 7 Reply @Larkinchance 6 months ago So in the final analysis, this whole thing was a trade war 1 Reply @gelinrefira 6 months ago The main challenge to the US reindustrializing is the neoliberal system itself. Reindustrializing might make the US more secure and competitive but it makes less profits per dollar of capital invested. That alone will freeze up any attempts to rebuild the US into a normal country instead of a rentier country. 2 Reply @sedorador4967 6 months ago Speakers of truth. Reply @kp6215 6 months ago I have a better idea. Appointment Michael Hudson and Radhika for joint Treasurer for 🇨🇦 & 🇺🇸 3 Reply @MadnSad 5 months ago Very good summary of important economic events. Yellen’s uninformed bluster on her China visit was within a day followed by a joint Sino-Russian guffaw between Wangyi and Lavrov. Both the lady and her senile boss are rudderless. Reply @troywalkertheprogressivean8433 6 months ago I'm sure nobody here can appreciate this reference, but this is Galactus (China) vs. Mephisto (america). 3 Reply 1 reply @bertbaker7067 5 months ago (edited) @~32:00, Re: drones and naval warfare. Fun fact, like drones today, torpedoes had a similar effect on naval warfare around 1900. The massive and extremely expensive capital ships that were the backbone of major navies were suddenly in danger of obsolescence and being sunk by swarms of small, fast, and cheap torpedo boats. Torpedoe boat destroyers(we just call them destroyers now) were invented to be able to chase down and destroy the tornado boats before they could get close enough to attack the big battleships. Reply @zalo_tuandriverga 5 months ago why nobody complaining about india overpopulation 🇮🇳 1 Reply @patri153 6 months ago ❤❤❤❤ 1 Reply @davefroman4700 6 months ago Should be called "How the US is losing an economic war on China" 1 Reply @RaymondLi604 6 months ago 36:45 ℹ️ Cacophemism is a word or expression that's generally perceived as harsh, impolite, or offensive, although it may be used in a humorous context. It is similar to dysphemism, and a contrast with euphemism. 1 Reply @lauriahonen2892 6 months ago ❤❤ 1 Reply @Guitarpima 6 months ago 36:19 Richard Wolf says that the US economy is over $20 trillion. He says the Chinese economy is over $15 trillion. Could it be the United States economy is so high because everything is overpriced? That said, who produces more? Does the United States produce more, or China? If China produces more, then the United States economy is overpriced. 4 Reply 2 replies @Do-U-Know 6 months ago Fan of GeoEco - said B4 but no mention today of USA / western ' big AG ' monopolies for global ... food production / gov't ' land H20 controls ... chemical/fertilizer/seeds etc THX for these podcasts 1 Reply @UsmanKhan-ty4bg 5 months ago (edited) Hi Dr Desai. Can you please expand on this points. 1. The hoarding of gold by most central banks and its impact on US dollar as a reserve currency. Perhaps Dr Hudson can expand more on that as he was working under Volker at the time of the shock? Reply @cyworld2707 5 months ago 36:28 Export is the heart of money,, balanceof trade Reply @TituIshtiaque 6 months ago In coming 10 years young population growth will be the main issue for china China should not underestimate this issue like Japan south Korea.... 2 Reply @mavericklimsk 6 months ago To increase demand, one needs to improve the fiscal well being of the masses. To improve the fiscal well being of the masses, one needs to spread the wealth more evenly and fairly. That means the one must reduce exploitation of the masses and stop feeding to their own greed. Self-control and greed are only punchlines for the rich and powerful. 1 Reply @Axeblau 6 months ago Thank ❤ you for the topic and information about China Steel production and US's inability to retreat from an incomparable market, china is producing, and other future dangers facing the Nation. Reply @eastwind3550 6 months ago 🎉🎉🎉 Reply @Guitarpima 6 months ago 51:01 capital is labor. Capital – Head or top, I am, tally. Capital is your brain, your muscles, what you produce. 4 Reply 1 reply @firstlast-pt5pp 6 months ago @34:40 - the "Leiden Ranking" for STEM is shocking to your perceptions Reply @enkeka2557 6 months ago (edited) Please, you have to talk less and let your guest talk more. You have invited the guest, and his time is valuable. Reply @ESuccessMasters 6 months ago 🙏🏻🙏🏻🙏🏻❤️❤️❤️💕💕💕🌟🌟 1 Reply @my1vice 5 months ago Well, they don't have to make all of our junk. Reply @josephszot5545 5 months ago US is a broke a** former economic power staying afloat by borrowing as much as it can and pi**ing these borrowed funds away on nothing that returns any value like a spoiled rich kid whose parents handed it to him. Creditors are about to call in the loan. 1 Reply @mikebrown9659 6 months ago International racism 2 Reply @SpruceWood-NEG 6 months ago (edited) Okay, since there is overcapacity. So we will use Chinese products to replace Apple phones, Tesla, American fuel powered cars, chips above 14 nanometers, General Electric gas turbines, Boeing regional planes, high-end chemical products, GPS satellite navigation systems, and American consumer drones. Are all of these reasonable? You see, the United States says we have overcapacity, so it's reasonable for us to choose domestic products in the domestic market. These things add up to over 1.8 trillion US dollars annually. 3 Reply 4 replies @kellyray6683 6 months ago Unfortunately for the US, you can't have innovation when you have insane debt weighing all of its citizens down and you don't provide education all the way through college. When higher education is a pay to play scenario and is for profit, you will never keep innovation going. 2 Reply @blackkid9498 6 months ago 😢😢😢😢wow 1 Reply @RSingh100 5 months ago From:- RSingh [New Delhi] the era of west waging wars on others without facing consequences & paying the price are gone. From now onwards consequences & price will be in build, the world has changed Reply @yunsi7954 6 months ago Let the free market decide the capacity 2 Reply @aihong2971 6 months ago You need to cover the Jones Act. Without that there would be no USA owned Shipping! Reply @herryso6238 6 months ago It is the case kettle calls pot black Reply @tedchandran 6 months ago Jai Hinduja. Our Indo-Pacific Raj had told us Indians that if and when China regresses, you shining Indians will advance. 2 Reply @northstar1060 6 months ago (edited) i think china does not need any advice on capital allocation.......but thanks for playing kristina 4 Reply @bionicsix101 5 months ago (edited) Micheal mentioned that 91% of US company profits have been going into stock buy backs. Anyone have any more info on this? Reply @amienbrrnthrhswirawan7776 6 months ago The quation is with what you war and how long and do you can win and can you bearing the loosing and how about your election Reply @rafa374 6 months ago Google Meta threatened by China AI? Please explain exemplify 3 Reply @kp6215 6 months ago In the ‘50’s 🇺🇸 companies put 20% back into research every year that stopped in 80’s-24! 🇨🇳long term planning of 20 years but 🇺🇸 only 3 months since WTO. Balance of Trade fault of 🇺🇸. 1 Reply @cautiouscommenter 6 months ago I should point out that the USA does not house the majority of users on TikTok. So, if the US bans it, TikTok will continue without US creators and consumers. Reply @Go4Broke247 6 months ago The Fear of Yellow Perils in the US. Lol Reply @lopsangngodupbhutia1053 5 months ago If might is right, US is right. So US is right. These kind of domination is practice by others too in our long history. It's natural. Reply @lucientjinasjoe1578 6 months ago Sorry for one sideline but i wonder if somebody can predict the future and if i remembered in 1960 and 70 th there was a boy stripbook called Blake and Mortimer and i don't hope that the last edition will fulfil because the drone story did happens but the time machine didn't and so let's hope the ww3 also don't happens Reply @zikzell 6 months ago (edited) Please talk about Venezuela, they have rapidly dollarized to save the economy, now their inflation rate is lower than Argentina, and they weren’t allowed to join BRICS. 1 Reply @antonio667 6 months ago If the United States was concerned about their "geo-political economic hegemonic status quo🇺🇸🤑💵" when Soviet Union was still in power, then, now is more than of those years. As China's economic success is unstoppable🤗❤️🇨🇳🏦🏭💵 challenging and defeating America's economic dominance, the American is now doing more of its power to remain their DECLINING STATUS QUO🇺🇸🇨🇳 1 Reply @AFewGoodMen-h8g 6 months ago (edited) If and when TikTok is banned, I would imagine that TikTok is still existing in the servers outside of the USA and it is still accessible from within the USA. Then the question is: would the US government build a great firewall to fence out TikTok so that TikTok can’t be accessed from within the US, or it would arrest people who have accessed TikTok by spying their IP addresses ……? Reply 1 reply @troywalkertheprogressivean8433 6 months ago 8:05 🇺🇸🧛bleh, bleh bleh Reply @trollthetruthand5458 6 months ago Had China not began to help Africa and lead them in infrastructure they would still be Americans best friend, its mainly France crying about the wave of Chinese technology in Africa and the resources they are now getting . Reply @GilbertEmoff 6 months ago How prevalent is the Israeli lobby CIA in china 1 Reply @SpicyThaiChiliPepper 6 months ago The United States have been making their people poorer and poorer with wars, inflation and so forth. China has actually been working for decades to help their people and also connect with the world to build a better world for fair trade but United States just goes around and enforces sanctions or fight more wars. It’s never ending . Reply @colinlee9678 6 months ago The incarceration of Huaweii Executive arrested in Canada without a trial is not in accordance wth any law! Reply @chadzilla45 6 months ago Michael is very intelligent and I value his perspective. However... It's very distracting when he says "uh" that many times per sentence. Love the show, keep pushing back on Cold War 2 propaganda. 1 Reply @Walawala459 5 months ago Law of Karma, good attitude brings in good result, bad attitude, ruin you. Any policy base on lies, cheats and bully, will not make a great nation. Reply 1 reply @o_o8203 6 months ago I never thought I would vote for Trunk, but this tiktok debacle is so ridiculous that I want to vote Trunk out of spite 🤣 but I stopped voting for president after Obama's second term so I probably won't vote anyway (which I voted for and was the first time I voted) Reply @gregarnot5066 6 months ago “the capitalist class”? Good grief. In 2024 it is hilarious to hear someone from 1923 on the Internet Reply @Niseedyyube6486 6 months ago Warmonger 6 Reply 1 reply @Avengerstorescueusa-kb9ho 6 months ago No Chinese beg to go to UAS Its UAS that has to beg China to come over to UAS or Beg China to allow UAS authorities to go meet Chinese officials .....just to babbles jibberish nonsense 1 Reply @falsificationism 6 months ago Been loving the coverage of China so far! One quibble re the 'frontiers' of the economy such as Green Energy and AI... Those are industries riddled with junk thinking and literally faked economics. In some cases the "AI" is just warehouses of slave laborers in India. Green Energy is riddled with industry-sponsored "science" such as Rotational Grazing (for cows), carbon credits, and solar financing schemes. My suggestion is to be very cynical about the promises and skeptical about the economics too. China is just following US markets by repeating the term "AI" on conference calls to boost their share prices (making their access to capital cheaper). Reply 1 reply @reggiebishop5398 5 months ago The US has everything at it's fingertips to be top production between Canada and Mexico as partners we have everything needed so why are we so dependent on them. Now I know it's not that simple but it is possible or am I wet behind the ears on this Reply @kp6215 6 months ago I still remember what Ross Perot said in ‘92 as he received my vote because NAFTA would lose 🇺🇸 jobs . Neoliberal policies was the fault from Clinton,Bush, Obama, Trump now Biden none got my vote. Reply 1 reply @minimalist279 6 months ago Either a free market or not; changing the rules of the game in mid play, really USA, its called cheating.Behave! Reply @soberthinking2102 5 months ago Jill Stein for President! Reply @Orwellian-Purple-Grapes-1984 5 months ago 32:21 "Naval welfare" 😂 well that's another way to call it. Aren't they a form of welfare for the elites? 😅 Reply @GilbertEmoff 5 months ago How embedded is the Israeli lobby in china Reply 1 reply @kp6215 6 months ago Yellen on her public statement on April 8, 2024 🤣🤣🤣🤣! Neoliberal policies of sending industrial production to China was fault of 🇺🇸 not fault of China that 🇺🇸 subsidies provided to 🇺🇸 businesses thus 🇨🇳 has the right just as much unless insanity is Yellen’s brain. Reply @kittoybig 6 months ago Wistful thinking on USA part. They can't even build a good bridge . LOL Reply @mkan-x7e 6 months ago Speaking of overcapacity, the greenback is way overcapacity! And what will biden n his goons do if they want to build a base on the moon n can't find the materials. Will they send yellen to the moon n accuses the moon undercapacity!!😂😂😂 Reply @chriswong9158 5 months ago China PRC real secret for today China started in 1979 under Den Xiaoping pulling off the Safety Net 1980's. Deng Xiaoping famously said "It doesn't matter whether a cat is black or white, as long as it catches mice." Reply @pingpong7810 6 months ago This is Hongkong country program 🐻🐻🐻🐻🐻🐻🐻🐻🐻🐻🌎🌎🌎🌎🌎🌎 Reply 2 replies @ralfsxm851 5 months ago Don't start a war that you cannot win. Reply 1 reply @ponuni 6 months ago i dont even think they themselves believe what they're spewing.. just pure garbo. 2 Reply @anthothiyahisrael422 6 months ago Repent for the kingdom of heaven is at hand, #Fiat is debased and the Bible is the word of YAH. #Sundaylaw will be enforced by bio micro chip. Reply @rc3443 6 months ago China has a lot of hidden problems that outsiders hardly see, although China did many right things, it also did many wrongs, it only takes one hole to sink a ship, as a Chinese myself, I'm deeply worried Reply @jjackmanster 6 months ago This is not an analysis, it is a hatchet job. The conclusion is determined from the start. There is not even a pretense of debate. It is all one sided. Propaganda. 1 Reply @rod9829 6 months ago “I support Y empire, not X empire” This channel in a nutshell Reply @rod9829 6 months ago As someone who has a Taiwanese girlfriend, and has been to Taiwan. Your map of “China” is laughable. Reply @featme7931 6 months ago Does she ever stop talking? 1 Reply 3 replies @Jiidwag 6 months ago This is REAL NEWS🎉🎉🎉 1 Reply @JWscandi 6 months ago medusa state = gopher (see definition) Reply @JWscandi 6 months ago unite states = gopher character Reply @JWscandi 6 months ago usa = gopher (check definition pls) Reply @Jiidwag 6 months ago Its spelled The United SNAKEs of AmeriKKKa for a goooood reason!😂😂😂 Reply @JWscandi 6 months ago deflating empire = decrepit uncle sam Reply @kuznetskiibassein3840 6 months ago $1.99 Thanks!