Bob,

You might like this guy. He talks about the underlying US and global economy in a non-political way and unlike a lot of other YouTube financial channels, he's not hawking a product or pushing precious metals:

https://www.youtube.com/user/TheMoneyGPS/videos

I like him because he shows a lot of data not being covered by MSM, including CNBC/Marketwatch.

Happy Thanksgiving, Man!

*promote

Promoting this video and sending it back into the queue for one more try; last queued Thursday, November 28th, 2019 6:02am PST - promote requested by StukaFox.

They poured more concrete in two years than US did in the 20th century. IN TWO YEARS! That's a factual statement. (Shows article and chart showing it took 3 years. Apparently they don't understand that 2011-2013 is 3 years, even when it's in the title.)

Also mentions the new Chinese city with 550 square feet of office space with 95% not occupant. *facepalm

China dipped into our retirement funds to pay tariffs? No, they didn't. That's simply asinine in numerous ways.

They harvest most of the world's frozen fish? No, they freeze most of the world's frozen fish. No one harvests frozen fish.

These people are morons. Typically, they are fast and loose with facts and definitions, maybe just to avoid being truthful, something the right now finds distasteful.

This is another example of Conservative thinking. All these guys are concerned with is the right now, and the near future. The next quarter. They have no idea what they're talking about here.

China is expecting their population to increase by 300 million in the next thirty-ish years.

I'll say that again for the folks at the back:

China is expecting their population to increase by one United States of America worth of people by the 2050's.

We're talking about a country with a government founded by a workers' revolution, that has had a widespread famine in living memory. (During the Great Leap era.) This isn't ancient history.

They cannot allow "market forces" to dictate how and where people live in North America where fertile fields are plowed under to make room for sprawling suburbs.

That's why they're building. That is why they are building UP.

Young families will not be able to just go any buy a house in the suburbs. China, for the most part doesn't build suburbs. Suburbs waste space.

They need existing farmland to be protected to manage their food security. They don't want a famine, that's how you get a revolution. They don't want a revolution.

They want stability.

China doesn't worry about next quarter because they planned for that a decade ago. It's the next decades that they're planning for now---a timeframe these Conservative talking heads are incapable of understanding.

Using a lot of concrete to build ghost towns and buildings that don't last ten years isn't growth. Also a lot of their "concrete" is about as solid as plaster.

*talks

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