China's Deflation Spiral: Can They Fulfill Western Demands? #shorts

本站添加: 2026-05-27

[00:00:00]Can't China even fulfill those, let's say, promises or statements? That's the other question that we talked about 6 months ago as well, that China was a bit in a I think we said deflationary spiral, perhaps. So, um maybe we'll start there and then we come back to Venezuela, but can China even fulfill those requests that the US has or the West has um towards them?

[00:00:20]Look, China is first and foremost focused on protecting its national sovereignty. It knows what happens when you start to let in Western bankers.

[00:00:28]They come and they become parasites.

[00:00:30]They steal resources from you. They bankrupt you. They promise you all this easy credit, all this easy money. You become addicted to easy money just as like China to Chinese become addicted to opium 150 years ago. And the Chinese know exactly how that happened and what happened. And so, there's no way that China would agree to liberalize its financial markets.

[00:00:49]Um so, the only place for negotiation is the Chinese consumer. The problem though is that because China is in a deflationary spiral, this means the Chinese consumer is not that optimistic about the future. You're not optimistic about the future, you're not going to borrow money to spend on money, okay?

[00:01:04]So, that's a sticking point.