Why China's Economy is Shrinking

China's economy is shrinking for the first time in decades. Here's why.
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Got a "why" you want answered? Give us your questions here:

[saxon]

How has their absorption of Hong Kong affected their economy? It seemed that if they let that horse run unabated it would produce results. But they just couldn't do it.

[psikeyhackr]

Why is it that Adam Smith wrote "read, write and account" but countries claiming to be Capitalist do not make accounting/finance mandatory in the schools?

[joejackson]

Hope you run for governor after Youngkin, or US Senate.

[coleymoke]

I read the book "Red Roulette", written by the husband of China's first female billionaire, with great interest.

[kylebrown]

China has always played it fast and loose in the way they measure economic metrics and its taken awhile to actually learn to read between the lines. Similar to the way Russia brags about military weapons.

[jamesleonard]

Gee, could it be that they cook the books all the time?

[austinbar]

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.

[kckubinski]

Please make a video on who really owns the fed and more videos on destruction from central banks fed etc thanks I like subscribed and shared

[nunyabidness]

If you measure growth using GDP then running a deficit, money printing, and other trickery shows up as growth.

[wyzemann]

Therein lies the problems with “predictions”…HUMANS🙄.

[The_Flamekeepers]

Why did Hamilton love and Pres Jackson hate the first National Bank? Can you discuss the first and second national banks and how they're different from and similar to the Federal Reserve System of today?

[SithStudy]

China lovers gonna be mad at this video 😂

[Michael-xbt]

I wonder if the squandering of billions of dollars on ghost cities had anything to do with this.

[martyfenton]

Retired Navy Chief here. I do have a why. Just how dangerous is the future of our military forces when we consider the state of health and productivity of the young Americans we need to be the best in the world? What I am seeing here on YouTube about our current military scares me.

[garybrown]

I'm honestly just looking at this like what happened with Japan.

They were a big threat for a while. Then we got nervous and did something. And now they are just going to start deflating while also try to inflate it artificially.

[jefflebowski]

I recently spent 4 years in China. Amazing people, but that’s not the point.
The point I want to make is that their economy is to a huge degree centered on infrastructure improvements and housing. And China is no longer an inexpensive place and taxes are not low. The population growth has slowed and will soon shrink because people are choosing to have fewer children and have them later in life - the demographic problem mentioned in the video. With fewer people comes less demand for housing. And a city only needs so many airports and subway stations.
The govt keeps on chugging along with policies and laws which promote this strategy because it’s difficult to do an about face without cratering the economy. They are trying to incentivize people to have more children, but so far it’s not working. They are in for some tough times, and it will be interesting to see how it all plays out. When the CCP becomes desperate, how will they act?

[michaelsomething]

Shrinking? Gdp grew 5%. You mean they are having deflation. Every country goes through business cycle

[TOPatriot]

A good percentage of their population just came to America! Lol.

[rogarizurieta]

You’re stating that the reason China’s economy is about to collapse is due to the political regime, but this is incorrect. China’s economy is collapsing due to the fact that they have over-extended and over-leveraged their holdings in real state. The situation is much worse because banks and real state are held by the state, meaning that the entire political system is at risk of collapsing from within. The political situation has both delayed, but at the same time deepened the incoming collapse as it is starting to unfold due to a judiciary that is essentially sub-servant to the political regime, its corruption and its underreporting of bad debt. Basically it is the same situation that caused the 2008 financial crisis or the Japanese asset bubble collapse of 1990, but in China it is exponentially more catastrophic and dangerous (as they are indeed still a poor country per capita). This is why Chiang Kai Shek stated in 1976 that it was an inevitability and a certainty that the Republic of China (outsted to Taiwan), would one day recapture the mainland. China would only have the recourse of war, once it’s economy has collapsed. Which lead military strategist and historian to consider Taiwan’s doomsday plan to perform a missile attack on the three gorges-dam on the Yangtze River. This could potentially result in the largest single wartime casualty event of both civilian and military individuals in all of history (with potential casualties in the 100s of millions).

[thetinderswindlers]

And you forgot the massive loans they gave to Africa and expected to own the countries if they don't pay only for the UN to tell them that all they can do Is wait for the countries to pay them back or forgive them the loans