General statistics
List of Youtube channels
Youtube commenter search
Distinguished comments
About
Zeihan on Geopolitics
comments
Comments by "" (@Rob_F8F) on "The End of China" video.
@pinkoslayer You mean people are still being locked down, their real estate investments are vapor, and their governments (national, provincial, and local) are running huge deficits? What are these other Asian countries?
11
Visible long enough for your passive aggressive attitude to shine through. Do you know your tone makes the what you have written unreadable *Politically*? 🤣🤣🤣
3
@Peanut-kw5mn I don't think that not tying petroleum sales to the dollar greatly affects the USD as the reserve currency of choice. A reserve currency has to have tremendous volume so everyone can use it (so not the Swiss Franc or the South African Rand) and the issuing country/group can't manipulate it in order to advantage itself in trade (like the Chinese RMB). A reserve currency also needs full convertibility (without caps like those placed on the Russian Ruble) Even without petroleum sales, the USD had the volume. Besides fiddling with interet rates, the US has never debased the dollar in order to make US exports comparatively cheaper. Without petroleum sales, the demand for USD may drop leading it to decline in value which would naturally make US exports cheaper but also lower US buying power. That might actually encourage re-shoring of industry back to the USA.
3
LOL?
3
A currency requires a concentration of power - see the US or the EU. The BRICS members share neither form of government, geography, or interests. How would they agree enough to form an alternate currency?
2
The US built the national highway system in the 1950s. Still didn't prevent the "Fly Over Country" vs "Coastal Elites" provincialism.
2
The CCP could have easily addressed the COVID problem by importing (or even copying) the much more effective Western MRNA vaccines. However they are not Chinese and Zero-COVID is Chinese, so it will be the later. If the CCP relents on that policy, there will be a wave of COVID deaths that will make the American death toll pale by comparison.
2
The gluing oneself on streets is very European too.
1
It's not the fault of the Chinese government. It's the fault of the West. Got it. I wonder what your opinion is on the Russian invasion of Ukraine..... Got it.
1
The first tier city connectors made sense. Some second tier connectors made sense. The third tier connectors were just jobs programs and made no sense. There like other sectors, public transportation has a huge load of debt that it cannot pay off because ridership will never reach the break-even point.
1
@sunspot42 Except for some toll roads, most of the highways in the US do not rely on revenue for maintenance. Should maintenance be deferred on highways, traffic can still navigate around pot holes and cracks. The High Speed Rail system in China is a technological marvel. However, their budget models always depended on a sufficient volume of paying ridership. Between the first tier cities, the model is fine. However, the lines to third tier cities are moving no where near enough the necessary volume of riders to meet the cost of maintaining high speed rail and the trains the use them. Any deferred maintenance could lead to catastrophic derailment. That is the difference between the US highway system and the Chinese HSR system.
1
@rage2203 Communist paradise!
1