Hope you guys enjoyed this update! Don't forget that you can get the content that you are missing here on my other social channels 👉 guy.coinbureau.com/socials/. You also need to subscribe to my clips channel which has shorter market updates and livestreams czcams.com/channels/R93yACeNzxMSk6Y1cHM2pw.html
China is `crashing` since 2002 LoL. Stop wishful thinking guys, CCP has entire control and plenty of mechanism to hold it. China is not US. BTW, today Ellio Trades come out with real facts about which market is crashing, right at this moment!
#DEX #UNISWAP #DeFi #BNB #ETH If you trade crypto on #Uniswap, 1inch or any other decentralized exchange (DEX), then you need to know about front-running tutorial. Follow back to learn more. czcams.com/video/FXU5LC92GEY/video.html
I'm glad I saw that! Don't sit around all day complaining about the economy or waiting for a miracle. Invest today in something productive that will not only help you save money but also make a profit. Today, I can boast a portfolio of almost a million dollars, which I have achieved through consistent investing and also through working with an investment advisor
@@riggsmartins4033 There are many RIAs out there, but finding a trustworthy person to help seems to be a big problem. That's why I'm working with Larry Kent Nick and so far it's been worth it. Larry Kent Nick doesn't go back on his words and unlike most financial advisors he isn't after your money but to make sure he serves you better.
Thank you Guy, I really appreciate the broader financial / global economic perspective that your channel is pursuing beyond crypto. Your videos are always top notch, full of logical insight, entertaining and perfectly concise. We appreciate all that you do!
I live in china, and when you spend too much money, the social credit system declares, you have COVID, and you are grounded at home for at least a month! Now you know why inflation is so low there!!!
You did a great job,as a Chinese,I would say all this information in you video are not bias,but the ccp especially xi would not allow the economy crash happened.
It’s not only the financial Desaster in real estate - when I lived a few month in China 5 years ago I was already puzzling about the enormous amount of just empty new build apartment houses. Whole new build complexes where total empty, some empty almost finished others entirely. But in huge masses, 1000 and 1000 of 34 floor-buildings and no one really could x plain us what’s going on.
Great video Guy, love how you are diversifying and showing all sides of the economy instead of just crypto and you give other reporters a good run for their money. Guy do you think it doesn't matter how bad the chinese economy gets since the 'global village' is slowly decoupling and when its all said and done China still has a substantial manifacturing base whereas the western manufacturing base has been mostly hollowed out? I mean the west is mostly a service economy and not a manufacturing. Whats your prognosis?
He is and has always been looking at anything that affects the crypto market. The Coin Bureaus approach and content are why they are the best crypto CZcams channel out there
Watching your video is like watching a brief deep dive lecture by a knowledgeable professor on world affairs. No smoke and mirrors, just the facts. Never have been disappointed with any of your videos. Keep it coming.👍
This is really good. As a Hongkonger we have the first hand information from China and they have been much covered in this video, but more worthy to mention is that China is a closed + planned economy, which means if we see its policies starting to fall short of its effectiveness, the political risks behind would be much more significant than its economic downturn.
Another great video! I am sorry I missed this but congratulations on your two-millionth subscriber! You deserve it and we appreciate all your hard work.
Thank you for nice deepmdive. I have followed China since mid 1990s, the problem is that there is not realize macro data available. Most numbers quoted here unfortunately belong to this category. I would be careful predicting a crash, or making decisions based on this.
Please do a segment on how validators are compensated on projects that are inflationary, static, or deflationary, Also any resources that summarize how to stake on each project and APY range?
Great content as always. I really appreciate the broader perspective and that the information is provided in a calm and matter of fact fashion without sensationalism. I get much more insight from this than “traditional media”. But: I really missed the usual intro.
The "average income" of a u.s citizen is immensely skewed by the fact that we have literally the most millionaires and a pretty small population for our land mass. Average income to home cost is more like 9x-12x
@Chris Hansen depends where you are really as far as affordability I was just stating it, because the OP was making it sound like the number couldn't be trusted and was obfuscated by rich people. (Which isnt true) 50% of people make over 35k a year that's the average. The average Male worker in the United states makes about 50 to 55k a year. I also wouldnt worry about the 35k and under being bad, because alot of this is younger people and will move up the income bracket and also alot of people have 2 incomes in the house.
My crypto concern related to this is Tether USDT. Back by these Chinese real estate junk bonds. The buying opportunity in Crypto if this happens? WOW how low will it go if USDT goes the way of Luna
@Amouage123 Yes I have heard the same however the USDT token is backed by terrible so called assets. Since 2012 assets have been pumped up by funny money and now the funny money is gone. With Chinese Evergrande real estate holdings in a portfolio, it's a very bad picture. for USDT.
Thanks for another informative video. With global inflation high, consumer confidence low and China's zero policy on Covid stifling economics in the country, they are going to really hurt in the next few years.
Dear friends, I’m a follower from Brazil linked to the Iron Ore industry, which is largely dependent on China’s demands! If possible, please update this video, it seems that something big is getting near day by day! Thanks in advance!
Times have changed for the better, as apparently it is finally possible to say that countries should just live with covid, without immediately being censored. Lets hope this (political) nonsense ends completely really soon.
Also the many people in China not being able to access their life savings from banks and not being able to protest.There is so much wrong with this whole situation!
Due to the Chinese ban on crypto there might only be small exposure to direct selling pressure if china goes through an economic collapse. This doesn’t mean smooth sailing though, due to secondary factors selling would probably occur
Not entirely evident. Who do do think is mining in China with all the seized equipment? If I was the governor my warehouse would be hashing and accumulating
Latest problem facing China is weather: rivers and lakes drying up, forcing factory closures, power outages in places relying heavily on hydro such as Sichuan, and impending food crisis
China has most food reserves,and all of this is happening even more in US,and EU .So better for u to focus on that.Chineese will do just fine.Eu is falling apart yesterday prices for power went 20% in 1 day,ppl are pissed and ready to hit the streets,its gonna be crazy winter in eu,and us is not far behind.
INdeed it is problem all around the world.But In Europe there is also 500 year record drought,energy crisis that cant be fixed by any means,until sanctions are in place.SO EU will also on verge of big collapse.Money printing in full swing,inflation is reachign 40 record highs,.Us is also in recession,with another billions being printed for useless military aid,and domestic reduction plan that will only put inflation higher..BUt ppl feel better to talk about how China n RUssia have problems,while ignoring they have even more :D
The Chinese have been vacuuming up property in Australia for years, paying silly prices and sending prices through the roof. They start a big selling spree, it will fast track the collapse of an already tanking Australian property market, especially in Sydney and Melbourne. Feel very sorry for all those others who fomo'd in the past few years on the back of the Chinese wave, mainly naive immigrants and first home buyers. They're in for a whole lotta pain.
I bought Shanghai property. You have to go in a lottery, to get the option to buy an apartment. When the market was HOT HOT, you would have to pay decent money, even to get a ticket to get in the lottery. Not been able to sell off the plan for many years (at least in Shanghai)
A few opposing observations from a friend of mine who works the China markets: 1. Ltd mention of zero covid the biggest determinent of weak macro - this will be dealt with when they develop a domestic vaccine 2. No mention of the fact China is able to reduce interest rate (the only country in the world) as their inflation is under control 3. No mention of that fact that China has a closed capital account so China has much fewer assets to invest in which inflates domeatic real estate 4. China has ample capital to deal with a capital event from real estate 5. China bank trade between 0.3-0.5x price to book so it's arguable already more than discounted 6. The size of shadow banking has fallen 90% in the last 5yrs
So much praise from everybody for you. For me, I don't see it, how will China collapse? It's productive, huge exporter, has immense domestic market, quite powerful military and with Russian ally almost invulnerable to external attack. No opposition (credible) internally. I probably have fallen way behind the curve but I don't see it.
He seems to be gathering info from very biased sources. It would have been better to see info from various perspectives displayed, not just typical anti-China rhetoric
If life seems jolly rotten, there's something you've forgotten. And that's to laugh and smile and dance and sing. When you're feeling in the dumps- Don't be silly, chumps! Just purse your lips and whistle, that's the thing!
very good Guy! This again is a considered, in-depth research of macro events that can present further risks (or opportunities) to crypto investors. Thanks
It makes sense but unfortunately no one can predict. During the financial crisis, I thought something was wrong when my real estate agent told me I could get a loan with no income verification. I was too young to understand the implications, but something felt wrong. In China I’ve seen a similar situation but I don’t know if the government can or will do the right thing. This seems too big and with Europe’s problems and the US teetering, this could be an opportunity for some and a slow moving train moving towards a car stuck on the tracks. More to come.
Hope you guys enjoyed this update! Don't forget that you can get the content that you are missing here on my other social channels 👉 guy.coinbureau.com/socials/. You also need to subscribe to my clips channel which has shorter market updates and livestreams czcams.com/channels/R93yACeNzxMSk6Y1cHM2pw.html
Yes, we are
@@fatai-ayoadeyusupha.2105 okey good ., trust you are holding the Iso token
Excellent video keep them coming 👍
China is `crashing` since 2002 LoL. Stop wishful thinking guys, CCP has entire control and plenty of mechanism to hold it. China is not US. BTW, today Ellio Trades come out with real facts about which market is crashing, right at this moment!
#DEX #UNISWAP #DeFi #BNB #ETH If you trade crypto on #Uniswap, 1inch or any other decentralized exchange (DEX), then you need to know about front-running tutorial. Follow back to learn more.
czcams.com/video/FXU5LC92GEY/video.html
These videos are infinitely more helpful than the talking heads on CNBC - keep up the great work Guy! always look forward to these
Thanks, will do!
in china people cant get there money out of the banks there screwed!!!
Agree, much more helpful. I stop watching any TV nonsense news anyway
I'm glad I saw that! Don't sit around all day complaining about the economy or waiting for a miracle. Invest today in something productive that will not only help you save money but also make a profit. Today, I can boast a portfolio of almost a million dollars, which I have achieved through consistent investing and also through working with an investment advisor
@@riggsmartins4033 There are many RIAs out there, but finding a trustworthy person to help seems to be a big problem. That's why I'm working with Larry Kent Nick and so far it's been worth it. Larry Kent Nick doesn't go back on his words and unlike most financial advisors he isn't after your money but to make sure he serves you better.
@ Larry Kent Nick Trading
Man you've got serious talent! You explain things clearly and concisely while maintaining engagement. Seriously enjoyed this content.
I’m a huge fan of you branching out into larger economics and not just crypto! These videos are great
people saying they cant get there money out of banks in china there screwed
Thanks for this kind of macro finance videos. Extremely important for all markets.
Glad you like them!
Lol. He has predicting China’s collapse every months for 2 years… How about you DYOR…
Thank you Guy, I really appreciate the broader financial / global economic perspective that your channel is pursuing beyond crypto. Your videos are always top notch, full of logical insight, entertaining and perfectly concise. We appreciate all that you do!
True!
I live in china, and when you spend too much money, the social credit system declares, you have COVID, and you are grounded at home for at least a month! Now you know why inflation is so low there!!!
That's crazy yo
@@crakermac3818 Coming soon to a police state (very) near you!
@@kleinbottled79 wouldnt be surprised
shouldn't u be prevented from using CZcams now if u r in china??? 😏😏😏I smell something fishy haha
@@xzw8911 ever heard of VPNs?
As usual Guy, brilliant analysis 🧐 thanks for your insight. A follow up on crypto impact would be great.👍
Thanks Ronald. That's in the works ;)
You did a great job,as a Chinese,I would say all this information in you video are not bias,but the ccp especially xi would not allow the economy crash happened.
It’s not only the financial Desaster in real estate - when I lived a few month in China 5 years ago I was already puzzling about the enormous amount of just empty new build apartment houses. Whole new build complexes where total empty, some empty almost finished others entirely. But in huge masses, 1000 and 1000 of 34 floor-buildings and no one really could x plain us what’s going on.
Winter is coming. Thanks for your dedication to keep us informed. Saludos from Cusco Peru
Just got back from Cusco.....beautiful place and fantastic people. Loved it
said batman
People are feeling poorer here as well. Inflation and high energy prices are killing us.
They haven't even got started
Great video Guy, love how you are diversifying and showing all sides of the economy instead of just crypto and you give other reporters a good run for their money.
Guy do you think it doesn't matter how bad the chinese economy gets since the 'global village' is slowly decoupling and when its all said and done China still has a substantial manifacturing base whereas the western manufacturing base has been mostly hollowed out? I mean the west is mostly a service economy and not a manufacturing. Whats your prognosis?
He is and has always been looking at anything that affects the crypto market. The Coin Bureaus approach and content are why they are the best crypto CZcams channel out there
I agree only so much to be said about crypto and keep ur audience engaged branching out into the greater world spices things up
Best god damn channel on CZcams. Keep up the good work coin bureau team.
Watching your video is like watching a brief deep dive lecture by a knowledgeable professor on world affairs. No smoke and mirrors, just the facts. Never have been disappointed with any of your videos. Keep it coming.👍
Quick helpline 👆 📩 TeXtMe now
"turns out that people would rather eat food than pay for an imaginary apartment" ...enter metaverse land sale
Great content! Congrats on getting over 2 million subscribers!!!
Thanks so much!!
You've improved your presentation and got rid of your cheesy introductions - well done. Great content 👌 👏 👍 thanks
Great video, I am wondering how many people work for you for such research
My day is not complete without watching your video, so much information to digest.
Thank you
Scary.
This is really good. As a Hongkonger we have the first hand information from China and they have been much covered in this video, but more worthy to mention is that China is a closed + planned economy, which means if we see its policies starting to fall short of its effectiveness, the political risks behind would be much more significant than its economic downturn.
Yes, lots more organ donors with healthier body parts once the Purge starts on who started this decline in China?
Another great video!
I am sorry I missed this but congratulations on your two-millionth subscriber!
You deserve it and we appreciate all your hard work.
Text me for ☝️
China should switch it's economy to selling NFTs.
flippin NFTs is the way brothers - wojak
😂😂😂
@@sandrosadhukhan Text me ☝️
Thank you for nice deepmdive. I have followed China since mid 1990s, the problem is that there is not realize macro data available. Most numbers quoted here unfortunately belong to this category. I would be careful predicting a crash, or making decisions based on this.
Shame business news on mainstream media isn't as detailed and concise as this.
They are usless and have been for years. Good thing we have channels like this!
@@JASHIKO_ 💯
The only person on CZcams I’ll listen to when it comes to crypto and now world economics! Keep the great work!
Guy has gone from Coin Bureau to Investment Bureau. Great Video.
Please do a segment on how validators are compensated on projects that are inflationary, static, or deflationary,
Also any resources that summarize how to stake on each project and APY range?
Wanna know the difference between the metaverse and the Chinese housing market? You can actually buy and own digital property today.
😂
The presentation looks even better with the ring on! Congratz Guy and thanks for all the content (also thanks to the team)
5:55
property price / income ratio in Australia is NOT 2
it is something around the 6 or 7 mark
Seems like the UK is much higher than 8 as well. Perhaps the figures are out of date
Great content as always. I really appreciate the broader perspective and that the information is provided in a calm and matter of fact fashion without sensationalism. I get much more insight from this than “traditional media”.
But: I really missed the usual intro.
Great content. Soon the government will start buying properties to finish the project
The "average income" of a u.s citizen is immensely skewed by the fact that we have literally the most millionaires and a pretty small population for our land mass. Average income to home cost is more like 9x-12x
Depends on location. Americans just entitled cry babies like always.
Actually my house was about 5 times my annual income.
And the average income is 35k.
I know lots of people who make 35k
I hate Mean Average. It usually gets used to mislead people.
@@renaissancenovice7202 so you think 35k a year is a skewed bench mark and that the vast majority of Americans make less than 35 k?
@Chris Hansen depends where you are really as far as affordability
I was just stating it, because the OP was making it sound like the number couldn't be trusted and was obfuscated by rich people.
(Which isnt true)
50% of people make over 35k a year that's the average.
The average Male worker in the United states makes about 50 to 55k a year.
I also wouldnt worry about the 35k and under being bad, because alot of this is younger people and will move up the income bracket and also alot of people have 2 incomes in the house.
This is the good stuff Guy! Keep them comming.
Love to see guys sitting 😊
All the problems listed at the beginning are far worse in the US.
From China, I wish China had a leader like Roosevelt
Nice informative vid 👌 Also enjoyed the WEF one.
My crypto concern related to this is Tether USDT. Back by these Chinese real estate junk bonds. The buying opportunity in Crypto if this happens? WOW how low will it go if USDT goes the way of Luna
@Amouage123 I agree. Imagine the washout and the opportunity that will give.
It will not affect USDT because it is backed by nothing ;)
@Amouage123 Yes I have heard the same however the USDT token is backed by terrible so called assets. Since 2012 assets have been pumped up by funny money and now the funny money is gone. With Chinese Evergrande real estate holdings in a portfolio, it's a very bad picture. for USDT.
I like casual friendly desk Guy
It's even worse that China have severe shortage on electricity and water, and food shortage is on the way.
Thanks for another informative video. With global inflation high, consumer confidence low and China's zero policy on Covid stifling economics in the country, they are going to really hurt in the next few years.
Extremely good production, clear and clean high quality thankyou for your efforts!
the new set up is lit!!!
Great video. And great frames in the background.
I have noticed a severe drop on e-bay on the sellers and items that I use to be able to buy from China.
That's cause ebay nos reports to irs any anual income above 600 dollars. Taxes plus fees makes it impossible to sell on eBay
Dear friends, I’m a follower from Brazil linked to the Iron Ore industry, which is largely dependent on China’s demands! If possible, please update this video, it seems that something big is getting near day by day! Thanks in advance!
Love this content, please keep it coming!
Times have changed for the better, as apparently it is finally possible to say that countries should just live with covid, without immediately being censored. Lets hope this (political) nonsense ends completely really soon.
Fantastic research and presentation.
Great content with lots of facts to get our teeth into.
Brilliant report!
London? Yes London! You know fish and chips, Mary ****ing Poppins
Thanks for the take away.
some good coffee, and watching you. the start of a great morning 💪🏾🌞👍🏾
Oh china. First you give us Covid, now this. You are going to end up on Santa's naughty list if you aren't careful.
Also the many people in China not being able to access their life savings from banks and not being able to protest.There is so much wrong with this whole situation!
So love your diligent information Guy and your team rocks!
Due to the Chinese ban on crypto there might only be small exposure to direct selling pressure if china goes through an economic collapse.
This doesn’t mean smooth sailing though, due to secondary factors selling would probably occur
A lot of Chinese circumvent the ban by P2P
Not entirely evident. Who do do think is mining in China with all the seized equipment? If I was the governor my warehouse would be hashing and accumulating
Thx bro!
baller shirt bro, also, great video explanation on china property investment risks
Nice camera upgrade. Looking good.
This guy is my new Guy!
Always enlightening - thanks Guy and team!
Latest problem facing China is weather: rivers and lakes drying up, forcing factory closures, power outages in places relying heavily on hydro such as Sichuan, and impending food crisis
China has most food reserves,and all of this is happening even more in US,and EU .So better for u to focus on that.Chineese will do just fine.Eu is falling apart yesterday prices for power went 20% in 1 day,ppl are pissed and ready to hit the streets,its gonna be crazy winter in eu,and us is not far behind.
No more mandate of heaven
INdeed it is problem all around the world.But In Europe there is also 500 year record drought,energy crisis that cant be fixed by any means,until sanctions are in place.SO EU will also on verge of big collapse.Money printing in full swing,inflation is reachign 40 record highs,.Us is also in recession,with another billions being printed for useless military aid,and domestic reduction plan that will only put inflation higher..BUt ppl feel better to talk about how China n RUssia have problems,while ignoring they have even more :D
please do a review on the amount of precious metals they are amassing compared to other countries, astounding.
Quick helpline 👆 📩 TeXtMe now
I wonder how does that 6-7% of real state developments at risk compare to US subprime?
Splendid analysis chap
Excellent video. Thank you very much
Fantastic video!
The Chinese have been vacuuming up property in Australia for years, paying silly prices and sending prices through the roof.
They start a big selling spree, it will fast track the collapse of an already tanking Australian property market, especially in Sydney and Melbourne.
Feel very sorry for all those others who fomo'd in the past few years on the back of the Chinese wave, mainly naive immigrants and first home buyers. They're in for a whole lotta pain.
Interesting!
I bought Shanghai property. You have to go in a lottery, to get the option to buy an apartment. When the market was HOT HOT, you would have to pay decent money, even to get a ticket to get in the lottery. Not been able to sell off the plan for many years (at least in Shanghai)
Quick helpline 👆 📩 TeXtMe now
great video
Yes I really enjoyed it! Brillant work!
Excellent video, wow!!! eye opener
So basically we are all screwed. I already sold a quarter of my holdings to buy in again after the crash.
One of your best, Guy - thank you as ever!! 🙏
A few opposing observations from a friend of mine who works the China markets:
1. Ltd mention of zero covid the biggest determinent of weak macro - this will be dealt with when they develop a domestic vaccine
2. No mention of the fact China is able to reduce interest rate (the only country in the world) as their inflation is under control
3. No mention of that fact that China has a closed capital account so China has much fewer assets to invest in which inflates domeatic real estate
4. China has ample capital to deal with a capital event from real estate
5. China bank trade between 0.3-0.5x price to book so it's arguable already more than discounted
6. The size of shadow banking has fallen 90% in the last 5yrs
Thank you guy !
I think you should check out PI net work,why is no one talking about it?
Thanks for great show🙂
thank you for this brief and insightful video
So much praise from everybody for you. For me, I don't see it, how will China collapse? It's productive, huge exporter, has immense domestic market, quite powerful military and with Russian ally almost invulnerable to external attack. No opposition (credible) internally.
I probably have fallen way behind the curve but I don't see it.
He seems to be gathering info from very biased sources. It would have been better to see info from various perspectives displayed, not just typical anti-China rhetoric
If life seems jolly rotten, there's something you've forgotten. And that's to laugh and smile and dance and sing.
When you're feeling in the dumps- Don't be silly, chumps! Just purse your lips and whistle, that's the thing!
Enjoyed it, thanks 🙏
I’m expecting a bailout with more money printing
Winter is coming and it’s going to be ugly
Honestly I wonder sometimes how much total money is either made or saved because of this channel.
I like the background here
very good Guy! This again is a considered, in-depth research of macro events that can present further risks (or opportunities) to crypto investors. Thanks
I like this editing Coin Bureau team - Causal intro, outro 👌 nooice.
6.7k+...Thanks Guy
Thanks Guy, once again a much appreciated video with great insight. Keep up the great, much appreciated work.
I like the less formal presentation at the start. I'd happily watch that
FYI you never mentioned the High Speed Train debt bubble of 1 Trillion $
You and the team make some excellent videos, thank you.
the best i have heard yet on the chinese housing bubble
How can one put so many information in a 20 minute video and make it so easy to understand.
It makes sense but unfortunately no one can predict. During the financial crisis, I thought something was wrong when my real estate agent told me I could get a loan with no income verification. I was too young to understand the implications, but something felt wrong. In China I’ve seen a similar situation but I don’t know if the government can or will do the right thing. This seems too big and with Europe’s problems and the US teetering, this could be an opportunity for some and a slow moving train moving towards a car stuck on the tracks. More to come.