China’s Deflation Trap | Brian McCarthy On The Popping Of The World’s Biggest Bubble Ever

Forward Guidance

09-02-2024 • 1 hr 24 mins

Finally, you can easily access Bitcoin in a low-cost ETF with the VanEck Bitcoin Trust (HODL). Visit https://vaneck.com/HODLFG to learn more. VanEck Bitcoin Trust (HODL) Prospectus: https://vaneck.com/hodlprospectus/ __ Follow Brian McCarthy on Twitter https://twitter.com/briangobosox Follow VanEck on Twitter https://twitter.com/vaneck_us Follow Jack Farley on Twitter https://twitter.com/JackFarley96 Follow Forward Guidance on Twitter https://twitter.com/ForwardGuidance Follow Blockworks on Twitter https://twitter.com/Blockworks_ __ Use code FG10 to get 10% off Blockworks’ Digital Asset Summit in March: https://blockworks.co/event/digital-asset-summit-2024-london __ Timestamps; (00:00) Introduction (00:35) The Chinese Financial System Is A Giant Ponzi Scheme (05:17) The Property Bubble In China Is Popping (It's Still In Early Stages) (11:21) How The Chinese Banking System Works: Window Guidance > Forward Guidance (27:02) VanEck Ad (37:52) Views On The Chinese Stock Market (38:12) The Chinese Yuan (RMB) Must Be Devalued In Order To Stimulate The Chinese Economy (47:11) U.S. China Trade Policy, Under President Biden and Under President Trump (52:03) Much Of China's Bank Equity Is "Going To Be Wiped Out" (57:32) Why Would Chinese Communist Party (CCP) Not Stimulate Its Economy And Avoid Major Slowdown? (01:04:25) McCarthy's Long-Term Thesis On China: "They Will Go The Japan Path" (01:11:37) China's FX Reserves (01:14:06) Why Can't China Reinflate The Property Bubble? (01:17:31) Closing Thoughts On China (01:19:46) Macro Implications Of China's Slowdown On Global Economy __ Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.