News: Holy Sh*t...Did You See The News Out Of China? 🤯
Rebel Capitalist News
George Gammon
4.7 • 1.1K Ratings
🗓️ 12 September 2023
⏱️ 13 minutes
🧾️ Download transcript
Summary
Buy my stuff Come to rebel capitalist live at https://rebelcapitalistlive.com
Check out my private, online investment community (Rebel Capitalist Pro) with Chris MacIntosh, Lyn Alden and many more for $1!! click here https://georgegammon.com/pro
Rebel capitalist merchandise https://www.rebelcapitaliststore.com
✅ Come to Rebel Capitalist Live here https://rebelcapitalistlive.com/
✅ Check out my private, online investment community (Rebel Capitalist Pro) with Chris MacIntosh, Lyn Alden and many more for $1!! click here https://georgegammon.com/pro
✅Rebel capitalist merchandise https://www.rebelcapitaliststore.com
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Hello fellow rebel capitals hope you're well so we've got more breaking news out of China and as most of you can probably guess it's getting even worse And these are month over month numbers |
| 0:15.0 | that we're going to go over in just a moment. |
| 0:17.5 | And I'm going to go back and show you what they were last month. |
| 0:20.9 | And I think that's going to completely blow your mind. You need to be sitting down for this one. |
| 0:25.0 | And we sit there and hear kind of from a distance, it's, oh it's bad in China, oh it's bad in China. |
| 0:29.0 | And you kind of just brush it off like, hey, whatever, whatever, what are we having for dinner tonight but then |
| 0:34.0 | when you actually get into the data and see how bad it is you're like whoa okay I didn't realize we were |
| 0:40.6 | at we're at threat level nine here or whatever it is. I didn't know that we were in this type of danger. I didn't know that it was getting, I didn't know that it was getting this extreme let's say so let's get into the |
| 0:56.0 | data right here and you'll see exactly what I'm talking about China's exports and |
| 0:59.1 | imports fall again in August as demand slumps. So again most of you well know this from watching my |
| 1:07.2 | videos but for people who are new subscribers which we have had quite a few |
| 1:10.6 | this month actually you may think that okay well so what is happening in China. I live in the United States George you know wake me up or let me know on something |
| 1:21.6 | happens that will actually impact my paycheck. |
| 1:25.0 | And those new subscribers need to understand that what happens in China impacts the global economy |
| 1:31.0 | because it impacts the Eurodollar market, which is really the then you get a GFC and that's obviously or that would obviously impact the United States |
| 1:45.9 | it would impact every single American in one way or the other. |
| 1:50.9 | So let's get down and see what is going on here. And so what's amazing |
| 1:55.4 | is it's not just their exports, it's their imports that are falling as well. |
| 2:02.1 | So internally their demand is plummeting and then externally |
| 2:06.7 | the demand from countries like the United States is is crashing as well. I mean this |
| 2:11.7 | is and then you combine that with the real estate market |
| 2:14.1 | I mean this is a really a perfect storm for China and it's not just that the |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from George Gammon, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of George Gammon and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

