Emil Kalinowski Talks Capitalism, Communism, China, Russia, Production (RCS 197)

Interview original date: October 5th, 2021

Topics- China, 1976: Capitalism, Russia, smaller banks, community banks, capitalist revolution. Russia collapse in 1991: China sent economists to Russia to see why Communism failed, and they concluded that they had introduced Communism too early without allowing for late stage capitalism to unwind. Karl Marx, Communist Manifesto: How to transition smoothly from capitalism to communism. Production, money and wealth re-distribution, maintaining conditions, entrepreneurship, work, creating goods. Capitalism always ends up in global depressions and socio-economic chaos. Silent depression, cul-de-sac, changing the growth model. China, autoritarianism, tech sector, Evergrande, socialist utopia. Decline in economic output, social unrest, global macro, exports, imports, dollars, Eurodollar system, global liquidity, debt, balance sheet capacity of banks, global corporations, foreign direct investment in China, portfolio inflows.

[joeb]

Emil, George and Jeff (mentioned in this video) are oustanding and selfless teachers

[AllNighterHeider]

Emil is the man, thanks George and rebel crew