Comments
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BPwhen has a government ever been able to prevent a crisis? a devaluation is the same thing; it is the same as a default.
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BYstability at all cost
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BHTotally agree with the last point
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MPChina's AI industry received 60% of the world's funding for AI between 2013-2018 and ranked 1st in the quantity and citation of research papers. Usa currently outperforms only due to ip restrictions but he is dismissing China’s AI potential based on assuming they can’t parse data? He lost all credibility after that, they are parsing data on a state credit system with ML face recognition far better than anyone else in the world as we speak; and that’s just a project they have made public. Can only speculate what’s behind the curtain as Xi’ 2025 speech is brought to fruition. During his speech he has a copy of the master algorithm on his bookshelf, some dense stuff in that book and suggests he recognizes the true profound change ML is bringing. Usa is competing with China’s ruthless harmonious and focused rise while we can’t even agree on what bathroom to use.
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MCA lot would have appeared to have changed for Mr Balding since this video was filmed in May. Based on his twitter feed, which i have followed for a few months now, this was a very watered down interview. Get him back and do it again with the fireworks.
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CTThe last 2 minutes of Chris' talk contains the critical information. i.e, China will likely have a credit crunch BUT it will not cause a massive Geo-political event. Xi will use all the powers of the CCP and army to maintain order. The economy may change in unknown ways, but China will NOT collapse. The West will then be unlikely to know what happens in China. Xi has been restricting Western access to China and tightening up on uncensored, raw information leaving China for years. I expect China's borders to be information-sealed after the event.
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APPlease bring Michael Pettis, quality of the content will be staggeringly different: https://www.youtube.com/watch?v=-lcEaKqSijc
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AHthis was filmed on 29MaY? is that right? agree with the last bit - stability stability stability!
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JLLOL @ him saying the Aus government reports on Chinese influence.. they literally could not bend over any further backwards to accommodate Chinese investment. Everywhere you go you can see investment and migration advertising directed only to Chinese. While they prosper in our country, us natives suffer. Massively unaffordable housing. Baby formula shortages. Acres of farmland sold to Chinese for a song.
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JLwhy publish this 6 months late????
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TSInteresting presentation Comrade
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GONo wonder it sounded familiar.
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MCFilmed in May. Would be interesting to hear an update.
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mhfilmed in may? wtf..
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RZBrilliant. Precise on CCP mental behavior. Ppl should look back to Soviet to understand CCP mentality.
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DSHow much of the personal debt is mortgage debt on primary residences? DLS
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DSWhen the Chinese government saw global corporations moving thousands/millions of Chinese jobs to lower production-cost countries, they may have made the same observation that the Trump administration did about unfettered world trade and local jobs being lost. Is the goal of the USA and/or China to maximized world trade at any cost to themselves? This is not a defense of either China or the USA trade tactics, just that in this one point there may be a common thread. DLS
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SSWell, China has the luxury of a large economy to write their own rules. Take it or leave it. US would do the same in their position, let’s be honest.
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APFilmed on MAY 29 in New York. Either there is a mistake in this date or publishing a video 7 months later is the new record... But I don't think so as he left China in July (Explaining why in a great essay - http://bit.ly/2GpLVdI) but still introduces himself as a professor there...
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HONothing new here. Doesn’t seem very plugged in to the very real disagreement inside policy making circles in China over the direction things are heading. Foreigners who don’t speak Chinese miss the forest and the trees.
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OTI think the last two minutes were rushed and needed further development because everything before that has been said before for the most part by others. What kind of things does he think China would do "at all costs" to push off a crisis? what is the timing of all this from his perspective? Etc. What does the world look like if China does anything at all costs to push off a crisis?
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OTthey missed chapter headings in this video, otherwise great video
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SNdownload audio link?
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JSBrilliant interview. Chris has really got his finger on the pulse of what is actually happening and articulated this excellently
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JAGood fundamental value add talk. Enjoyed.. Xie xie Chris