Uploaded March 2019 | Updated September 2026, 25 minutes ago
This is the first video out of 3 about... you've guessed it, China :)
More specifically, I've analyzed not just China's economy but also the historic/political dimension in one minute.
The data I've used takes us back roughly 2,000 years, I kid you not!
Perhaps the most interesting thing you'll notice is that China + India accounted for over half of the world's GDP for most of the past 2,000 years.
The common theme when it comes to China's history before Mao and communism (actually, socialism according to what Karl Marx and Friedrich Engels would say, with Marxism-Leninism being the first ideology of the Communist Party of China) is that... well, they didn't care about other countries all that much.
Before Mao and communism (and, frankly, until toward the end of Mao's life), China basically considered other people "barbarians" and never thought it had all that much to gain from international trade.
As such, the status quo was considering China the only country that mattered, a fairly non-interventionist domination of its neighbors and keeping "barbarians" at bay through complex diplomacy.
This kinda-sorta worked... until it didn't, as you'll find out by watching this video (which, again, covers China's economic history before communism and Mao Zedong) :)
To support the channel, give me a minute (see what I did there?) of your time by visiting OneMinuteEconomics.com and reading my message.
Bitcoin donations can be sent to 1AFYgM8Cmiiu5HjcXaP5aS1fEBJ5n3VDck and PayPal donations to oneminuteeconomics@gmail.com, any and all support is greatly appreciated!
Oh and I've also started playing around with Patreon, my link is:
patreon.com/oneminuteeconomics
Interested in reading a good book?
My first book, Wealth Management 2.0 (through which I do my best to help people manage their wealth properly, whether we're talking about someone who has a huge amount of money at his disposal or someone who is still living paycheck to paycheck), can be bought using the links below:
Amazon - amazon.com/Wealth-Management-2-0-Financial-Professionals-ebook/dp/B01I1WA2BK
Barnes & Noble - barnesandnoble.com/w/wealth-management-20-andrei-polgar/1124435282?ean=2940153328942
iBooks (Apple) - itun.es/us/wYSveb.l
Kobo - store.kobobooks.com/en-us/ebook/wealth-management-2-0
My second book, the Wall Street Journal and USA Today bestseller The Age of Anomaly (through which I help people prepare for financial calamities and become more financially resilient in general), can be bought using the links below.
Amazon - amazon.com/Age-Anomaly-Spotting-Financial-Uncertainty-ebook/dp/B078SYL5YS
Barnes & Noble - barnesandnoble.com/w/the-age-of-anomaly-andrei-polgar/1127084693?ean=2940155383970
iBooks (Apple) - itunes.apple.com/us/book/age-anomaly-spotting-financial-storms-in-sea-uncertainty/id1331704265
Kobo - kobo.com/ww/en/ebook/the-age-of-anomaly-spotting-financial-storms-in-a-sea-of-uncertainty
Last but not least, if you'd like to follow me on social media, use one of the links below:
facebook.com/oneminuteeconomics
twitter.com/andreipolgar
ro.linkedin.com/in/andrei-polgar-9a11a561
This is the first video out of 3 about... you've guessed it, China :)
More specifically, I've analyzed not just China's economy but also the historic/political dimension in one minute.
The data I've used takes us back roughly 2,000 years, I kid you not!
Perhaps the most interesting thing you'll notice is that China + India accounted for over half of the world's GDP for most of the past 2,000 years.
The common theme when it comes to China's history before Mao and communism (actually, socialism according to what Karl Marx and Friedrich Engels would say, with Marxism-Leninism being the first ideology of the Communist Party of China) is that... well, they didn't care about other countries all that much.
Before Mao and communism (and, frankly, until toward the end of Mao's life), China basically considered other people "barbarians" and never thought it had all that much to gain from international trade.
As such, the status quo was considering China the only country that mattered, a fairly non-interventionist domination of its neighbors and keeping "barbarians" at bay through complex diplomacy.
This kinda-sorta worked... until it didn't, as you'll find out by watching this video (which, again, covers China's economic history before communism and Mao Zedong) :)
To support the channel, give me a minute (see what I did there?) of your time by visiting OneMinuteEconomics.com and reading my message.
Bitcoin donations can be sent to 1AFYgM8Cmiiu5HjcXaP5aS1fEBJ5n3VDck and PayPal donations to oneminuteeconomics@gmail.com, any and all support is greatly appreciated!
Oh and I've also started playing around with Patreon, my link is:
patreon.com/oneminuteeconomics
Interested in reading a good book?
My first book, Wealth Management 2.0 (through which I do my best to help people manage their wealth properly, whether we're talking about someone who has a huge amount of money at his disposal or someone who is still living paycheck to paycheck), can be bought using the links below:
Amazon - amazon.com/Wealth-Management-2-0-Financial-Professionals-ebook/dp/B01I1WA2BK
Barnes & Noble - barnesandnoble.com/w/wealth-management-20-andrei-polgar/1124435282?ean=2940153328942
iBooks (Apple) - itun.es/us/wYSveb.l
Kobo - store.kobobooks.com/en-us/ebook/wealth-management-2-0
My second book, the Wall Street Journal and USA Today bestseller The Age of Anomaly (through which I help people prepare for financial calamities and become more financially resilient in general), can be bought using the links below.
Amazon - amazon.com/Age-Anomaly-Spotting-Financial-Uncertainty-ebook/dp/B078SYL5YS
Barnes & Noble - barnesandnoble.com/w/the-age-of-anomaly-andrei-polgar/1127084693?ean=2940155383970
iBooks (Apple) - itunes.apple.com/us/book/age-anomaly-spotting-financial-storms-in-sea-uncertainty/id1331704265
Kobo - kobo.com/ww/en/ebook/the-age-of-anomaly-spotting-financial-storms-in-a-sea-of-uncertainty
Last but not least, if you'd like to follow me on social media, use one of the links below:
facebook.com/oneminuteeconomics
twitter.com/andreipolgar
ro.linkedin.com/in/andrei-polgar-9a11a561
