News: Why China's Collapse Should Scare The Hell Out Of You
Rebel Capitalist News
George Gammon
4.7 • 1.1K Ratings
🗓️ 1 September 2023
⏱️ 22 minutes
🧾️ Download transcript
Summary
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✅ 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
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Transcript
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| 0:00.0 | Hello for the Rebel capitalists, hope you're well. |
| 0:02.4 | I'm here with my research assistant, |
| 0:05.2 | my lesser good looking research assistant, Josh. |
| 0:10.8 | We got to stick those things. |
| 0:12.1 | I think that's debatable by most but we shall continue. What's that? I think that is debatable by moths, but we shall continue. |
| 0:19.1 | Okay, well, okay. I guess it's debatable. We'll have to have another video where we open it up to the chat and ask them that question. |
| 0:26.0 | And I notice you don't have green screen Jeff Snyder with you. |
| 0:30.0 | No, he said he had to get back to work. |
| 0:32.0 | Okay, all right, we'll give him a break there. |
| 0:34.6 | What I want to discuss in this video is something that I think is extremely important. |
| 0:38.4 | It's, we see this slow motion train wreck |
| 0:41.6 | that we've been talking about called China's economy. |
| 0:43.9 | And there's no doubt that it is collapsing. |
| 0:45.9 | And they experience literally deflation, depression type of economics, if you want to look at it that that way and it's not just the real estate |
| 0:54.9 | sector this is the entire economy but I don't think enough Americans are paying attention to this |
| 1:03.2 | they think oh it's just a China problem. |
| 1:05.6 | No, no, no, no, no. |
| 1:06.9 | No, it's not just a China problem. |
| 1:08.8 | It's a whole global financial system problem. |
| 1:12.4 | Let's get into it right now by shooting over to |
| 1:16.0 | Barons actually and let's check this out. |
| 1:20.0 | They interviewed an expert, this gal that's, uh, I think she was with Fitch and now |
... |
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