Hello, fellow rebel capitalist.

What am I saying hello fellow rebel capitalists?

What is going on? Hopefully you're having a fantastic day.

I want to dive into China because they are having some deflationary

problems and we've got to step back and ask ourselves how could this impact the United States or maybe a better question would be if your

base case given the data that we're going to go over here in just a moment is that China is going to go into more

disinflation and potentially deflation, could that potentially change your base case for what we might expect in the United States

as far as deflation, disinflation, or inflation throughout the rest of 2024 going into 2025.

Let's go right over to an article from Wall Street Journal, and although the title doesn't really, the title of the article isn't really where I want to go with it,

but it does give us some anecdotal evidence as to the deflationary problems they're having.

So, and it is quite startling from a standpoint of Big Brother, the CBDC,

the Orwellian stuff we talk about on this channel all the time.

China's punishment for people with bad debts, no fast trains or nice hotels.

Beijing's crackdown on millions of delinquent debtors makes catching up

on unpaid bills a slog, right? But just so let's just, you know, one of the main reasons I started

this channel and you guys know this well,

is to really push back against the mandates. In fact, just last night I was emailing back and forth RFK and I told him that one thing I'll remember for the

rest of my life is standing in the freezing cold in Washington, D.C. in fact, Josh was there and

Angelique was there as well and listening to RFK speak and I said it was one of the coldest I've ever been. I was miserable.

But I loved every single minute of it. I said your speech was just incredibly inspirational but one of the reasons I started this channel was to push back on those mandates

And it wasn't just oh oh, well, this is bad

because of what's happening right now.

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