China is collapsing
>>540232691Was he ever right about anything?
>>540232691Interesting, he transitioned to a BRICS shill but somehow still shitting on China.
>>540232804He predicted that Russia would invade Ukraine, the EU would collapse, Alberta would try to gain independence or join the US (he probably knew about that from working in the oil industry), globalisation would end soon
China. The nation that has been collapsing upwards for 80 years.
>>540232691
>>540232691deflation sounds fucking awesome!!!!!imagine one day in canada, the dollar deflates and the assets all these fucking boomers own tanks to shit and then the youg people who still work can buy houses and have families to no economic benefit to the current boomer asset holders.would be a beautiful thing to see.
>>540232804Also, that there will be famines again, Japan would remilitariseHe also predicts that the US and Iran will become good friends because Iran isn't a threat to the US but they can hurt Saudi Arabia, Iraq and Pakistan. The US can also shut out Iran from the world economy whenever it wants to because their navy can blockade Kharg Island. This would make sense if their goal is to create pax judaica.
>>540234047They want to remake persia so they will take the holyland and as christians cleverly predicted it will end the world
>>540232691American projection is priceless.
>>540232691Nice to see he transferred from the "man spouting delusional nonsense in nature" to "man spouting delusional nonsense in urban areas" genre
2 more weeks
>>540232804He's right maybe 50% of the time.
>>540232691>China is about to collapse in TWO WEEKS>video is from four weeks agoUhm chinkxisters???????????
>>540232691Oh no, their money is gaining value and their purchasing power has increased. Must be terrible. Guess we should stick with 10% inflation here in the US.
>>540232804He predicted the subprime mortgage crash. He was right Obama would bailout the banks. He was correct about october 7. He was right about iran and israel going to war he said iran would close the straight. Hes been right about s lot if things.
>>540233472It's like iran has been weeks away from nukes since the 80s
>>540232691A china “collapse” is going to look like Japan in the 90s, not the fall of Rome. They simply will stagnant and not grow for 30 years. 70% of Chinese wealth is tied up in housing, which 80m more homes built than people exist at a time of demographic collapse, so $17T has been wiped out. What will happen though is people will consolidate in Tier 1 and 2 cities and the construction workers who kept the economy alive building houses no one would ever live in will be put back to work dismantling the tier 3 and 4 cities. China will focus on EVs, solar and ai and producr dump on Europe, Africa and South America, destroying their domestic industries in the process as housing prices continue to fall and wages stagnate
>>540232804He doesn't know shit about economics so anything about that he has no fucking clue.
>>540234862Its more like Chinese people can't afford anything so prices have to crash. Its the bad kind of deflation. The Chinese system of overproduction is held up by the US's system of over consumption, except China is also up to its eyeballs in debt like the US is.
>>540234388Predicted or planned?
>>540235019They will have a violent revolution because there are 20 million incel men whose wives were aborted
