Comments by "Fredinno" (@innosam123) on "Lei's Real Talk" channel.

Coal Gasification is not new technology. It’s from the Victorian Era.
15
So now you’re just moving debt around. The issue is that the bigger SOEs have their own debts and will likely need their own bailouts soon. The CCP central government is basically just doing everything they can to try to hide debts away from the central government.
10
This also gives Xi more control over the Jiang faction, which controls many of the SOEs.
10
…Assuming they can leave China in the first place. Which they can’t. House prices and sales are dropping in Vancouver as well.
6
The US private debt load to GDP is not the reason for stock and asset overvaluation. This did not occur before 2008. This is a result of quantitative easing.
5
@nightmark2120 Taiwan is one of the only real ‘loyal’ allies Japan has in the region, and most Japanese trade goes through the Taiwan region. Japan not defending Taiwan would leave it isolated in a sea of unreliable allies and enemies.
3
Could China start penalizing people’s social credit scores if they stop paying mortgages?
3
@dhirajmeenavilli5508 Vancouver is at such low vacancy (and at high out-migration due to prices pushing people to smaller BC cities) already that a cool-off in demand usually results in less change than one would expect. Any decrease in prices immediately opens up more demand, halting any further decreases in prices. Eg. The empty housing bill did actually work, but only to the point where it helped stabilize housing prices overall for the last couple years (considering housing was in a crippling bull run previously, that’s pretty good.)
3
@zhoma982 Lol. Call me up when half the economy is producing bullets and jets. People who say the US has a ‘war economy’ know nothing about what a ‘war economy’ looks like.
2
@drumpfdon760 If China uses nukes in any invasion of Taiwan, I worry for the future of the world. Taiwan is a natural geographic fortress. And if the situation of Ukraine is saying anything, even taking over the country will not be the end. Taiwan, unlike Hong Kong, is a guerrilla fighter’s paradise. A peaceful unification is about as likely as a peaceful unification of North and South Korea.
2
Considering Vietnam was in war with China and are currently allowing Bride Kidnapping from Vietnam? Seems unlikely.
2
This strategy of using these stations to get sanctioned parts might work for smaller bits and pieces of advanced tech, but bulk commodities, even underground, would be too obvious. Look at India during the Ukraine situation.
2
It’s not cheaper counting for the cost of storage.
2
China is not experiencing inflation as well due to the zero-COVID lockdowns reducing spending, as well as capital controls. They can’t keep zero-COVID forever.
2
M2 includes money pumped into the stock market via QE, and so enters the stock market first, and is slow to exit into the wider economy.
2
@donnydrumpf9563 Because it’s a lie? People bitch on the US not including energy in core CPI even though that’s only for core CPI, not the headline CPI.
2
Hydropower dams do not decrease overall water flow, unless they are being filled or are diverting water. The fact that new dams have recently been constructed on the Yangtze is the primary reason for the low water levels, not the dams themselves.
2
@_____ Didn’t Trump do a regulatory purge in office? Also, regulations are a double-edged sword. They have some positive economic effects (eg. Environmental regulations cutting health costs.)
1
@augustus331 Near Zero? You want a source for that? Note that cost reductions for Solar and Wind have largely plateaued in recent years. Advancements are being made, but it’s not really a ‘singularity’ situation.
1
@donnydrumpf9563 This channel showed that China’s forex reserves are much smaller than the headline number because Chinese companies pool their forex into the pool.
1
Lol, did you even watch the video?
1
The Corn Lord lost his position due to that, however.
1
@drumpfdon760 Not any more, due to sanctions.
1