US-China economic decoupling has reached a point of no return. Who’s to blame? What are its economic and market implications? Which side will be winner and which side the loser? Is the economic war already having an impact on inflation and the Federal Reserve’s interest rate policy? A former top-ranked Wall Street global macro strategist tells it as it is. You may not agree with everything he says but he will make you reassess everything you thought you knew.
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David Woo…(read more)
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For the proponents of decoupling, I do not see how this will work out when the jobs done by people with daily wages of USD 10/day are now going to be done by people at USD 10/hour. Businesses will collapse.
when trump bought in decoupling & the narratives amped up with the idiot duopoly in the beltway i was actually happy because i knew these morons were reducing their soft power influence & footprint all because of their dickhead racism.
US is despicable. US demonizes Russia and China in order to try to contain their progresses. US needs to be stopped as US is a warmonger which caused millions of life lost or displaced throughout history. The world must work together against the mafia behavior of the US.
Excellent analysis as usual. Understanding both sides of an argument is critical in getting to the truth. But be careful how critical you are of… those who cannot accept constructive criticism. I really want your channel to succeed, but there is a delicate line to toe.
FYI when I tried to leave what I considered unbiased and objective comments on a previous video to stimulate discussion, they were censored; so all the comments you see in this are the ones the system allows. I hope this one gets to stay but I won't be surprised if even this is taken down too.
You are certainly CCP worker planted to disgrace US govt while praising cunning China who are thief of US technogy
The hubris of the neocons will bring the death of America if not the whole world.
Once the US started targeting Chinese Americans in the semiconductor sector I knew gloves were off…. US is all about suppressing China PERIOD, not just targeting its military. They want China to stay poor, backward, divided, and ALWAYS inferior to the US.
My money's on China. Future belongs to those who develop human capital, not those who wreck it like in America
Been fortunate to see David Woo speak in person. He’s definitely somebody to listen to closely. And has been spot in lately. Amazing to have access to his well thought out thesis of the macro environment.
Very good as always, Dave. Reasons why the wealth gap is so big in the US. As you said company owners making money and no money trickling down, but it's ok because goods are cheap but, now the middle class is so small there's no skilled people to fill jobs that require skills. I very much enjoy watching your videos.
Would you not say David that while they can't decouple at once – since that would be harmful to both – the decision is a done deal given the Standing Committee line up coming out of the 20th Congress? I also see a lot of parroting about Maoism, which I find kind of stupid, since Maoism is peasant/masses led change and I don't see the CPC leadership and national direction being determined by the peasants or masses.
It seems to me that in the past twenty years, Chinese policy makers decided to follow the worst of Western economic practice instead of the best. In the age of easy money, they couldn't differentiate good policy from bad – just like the boatload of PhDs working for the Fed. On the bright side, China seems to have invested heavily in infrastructure and leading-edge technologies.
You don’t understand the social decline of family breakdown and the throwing out of our religion. You are a nice natural man who hasn’t “seen the light”. Bumped out at 10:19.
US is just a tentacle of the WEF calling the shots. Especially under the deeply corrupt and laughably incompetent "Biden" administration.
I'm done sitting tight for the award advance since i acquire$23,000 every 12 days of my investment.❤
How many jobs are coming from Europe since they lost their low cost Russian gas and oil?
1 million died from covid in the US. probably 80% of these were productive workers. Long covid too has probably sent another few million into recovery phase and out of the employment market