China’s Debt Bubble, $1T Fraud, Banks are Failing. China's financial Collapse

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China’s Hidden Debt Bubble, $1T Fraud, Banks are Failing. China's financial Collapse

China’s Debt Bubble, Worse than Evergrande, Banks are Failing. China's financial crisis is Here...
China’s Hidden Debt Bubble, Worse than Evergrande, Banks are Failing. China's financial Collapse

DISCLAIMER: All of my strategies, and news coverage are based on my own opinions alone and are only done for entertainment purposes. If you are watching my videos, please Don't take any of this content as guidance for buying or selling any type of investment or security. I am not a financial advisor and anything said on this YouTube channel should not be seen as financial advice. Please keep in mind that there are a lot of risks associated with investing in the stock market so do your own research and due diligence before making any investment decisions.

[BusinessBasicsYT]

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[justinmcgough]

Then when you take into account the countrywide drought and how they've been restricting water and electricity to factories... it's the perfect storm.

[vlhc]

The first rule of making predictions is never give an exact date.

[GeorgeCowsert]

The thing about leverage, is that when you overestimate your strength, the lever launches you like a catapult.

[acebdefg]

This aged like....
"just a short lockdown to flatten the curve"
"inflation is temporary"

[beefgoat]

When you can't question the authority, the authority is guaranteed to become corrupt. Those who seek wealth and power for its own sake are never satisfied.

[DirtyRobot]

HSR - Shinkansen works very well in Japan because the routes were planned to connect wealthy cities over a small geographical area.
They were not built to show off to the world how great they are, but to solve a transportation issue that would benefit people that could afford to use it.
It's about $140 from Tokyo to Osaka by Shinkansen while a flight may cost less than $100 or even less than $50 on some deals. But the Shinkansen takes you from city center to city center.
Japan did the research, planning and implementation to meet the need. China just tried to outdo everyone without any consideration.

[demonvictim]

The crazy thing is if china invested in higher quality long lasting infrastructure then the problem wouldn't be as bad. The constant repairs and upkeep is going to cripple china more then any sanctions could. Just the ghost cities with only hundreds of people inside essentially makes future development in the same area exorbitantly expensive since even if the government takes all the land just clearing it out and putting it in a landfill will cost billions

[YearousMona]

These investment bankers and mutual funds peddle mutual funds regularly. I understand all investments carry some risk, but mutual funds are typically considered a safer investment than purchasing individual stocks. But if I can make more return on investment with individual stock at a given time, should I still choose mutual fund?

[Salt_stain]

One for the YT algorithm gods. Also news like this is not getting the coverage it should. Tha KS for continuing to bring us coverage on this topic!

[dominic.h.]

The whole bubble of "spending money you don't have" seems to be bursting, not just this extremely specific case of it.

[craigkdillon]

The Great Depression really happened with the banking collapse, not the stock market crash.
Most people were not involved in the stock market, and were not affected.
However, when the banks collapse, companies and people not involved in stocks, were affected. Companies could not pay their employees, and people lost their personal savings.
THAT was the disaster.

Moreover, people stopped trusting banks. They stopped accepting checks.

[ianjones]

Been three weeks, not bankrupt.

Good talk.

[Southernstar-RINO]

This debt bubble is like none before. It’s going to be studied for years by economists as case point in corruption

[Caydiem]

The actual travesty in all of this is the amount of resources that was wasted on making those now-rotting ghost cities and the amount of garbage that was produced as a result which is now polluting previously beautiful landscapes.

[Adyen]

This is what happens when you put politics before economy. Even the US suffers from this, but not to this scale.

[skenrichment]

27 days has passed, seems like your video is just an eyeball catcher

[daryl_s]

The Belt and Road Initiative is in trouble, too. Beijing has not received the political capital it expected from the countries it built infrastructure projects in. There is little to show for all the money that has been spent. As for the rail crisis, thank you for shining a spotlight on it. I've ridden the high speed rail in China back when it was shiny and new. Even then, trains weren't running at full capacity. I had 3 seats to myself between Guangzhou and Changsha, which should be a fairly popular route. The tickets were expensive. People would rather take the slow train and save two thirds of the ticket price. The government's grand ambitions always fail to take into account the actual money their population has and what people are willing to spend it on.

[samchaleau]

"A high degree of leverage".

Translation:

Banks have overlent everyone money that doesn't exist for products that don't exist.

[timesathousand]

Would you consider making a video about different levels of Chinese economic contraction would effect the world economy?
Contraction is guaranteed at this point, but its severity could have a wide range and I'm concerned about what other dominoes would fall.