Comments by "David Richards" (@davidrichards1741) on "How China Won Mexico and the Future the EV Industry" video.

  1. Mexico must join BRICS+ eventually. 40 more countries already are, and 50 are interested but must wait in line.
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  2.  @MeidoInHebun  Asia today has over 50% of the world's population and 60% of the global economy. That's where the future and even the present is. 14% growth vs hyperinflation in the failing US. Join BRICS+
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  3. Asia alone is already 60% of the real global economy and over half of the global population.
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  4. According to Visual Capitalist, the chinese consumer market in 2024 is almost double the size of the US consumer market by revenue. And they project it will soon be triple the size by total consumer spending
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  5. ​ @MeidoInHebun  Nah, the US and Mx are too small and remote. You won't serve big Eurasia there. Asia is now literally two-thirds of the entire real global economy today, and it has the majority of the world's population, contains the majority of the world's natural resources and produces 82% of everything on earth, and remains the fastest-growng continent economically. And East Asians for years keep beating everyone else in all academic achievement measures and competitions. The brightest & best East Asians in US are leaving by the thousands every year now. Happy that Mx keeps improving, but it will be a regional, branch plant economy for a small part of the world. Mx needs BRICS+. Asia has 5-billion people, Mx has only 0.1 billion and US only 0.3 billion LOL. There's no real trade war as the US has already lost Asia, and Africa too now. The US doesn't even rank in the top 10 for china exports anymore; China's biggest trade partner is 11 ASEAN nations with a billion people and an economy larger than western Europe's. US sales to Asia are down 70% from last decade, omg! "Russia is an Asian nation." - Vlad Putin
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  6. According to Visual Capitalist, the chinese consumer market in 2024 is almost double the size of the US consumer market by sales revenue. And they project that total chinese consumer spending will be triple the amount of total US consumer spending in five more short years.
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  7. Very small. Core mainland china has 1420 million and all of Greater China has 1720 million! And their average income is much higher too.
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  8.  @MeidoInHebun  Both sides have been content for years and it got Mexico nothing except more poverty and trafficking
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  9. Hong Kong real estate is "best buy" now, very hot among billionaire investors. For only $5-million, you can buy a PR visa in HK now too. Rich folks from the rest of Asia snap them up!
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  10.  @HuntingTarg  That's backwards regarding the "disrespect of sovereignty". Most of the so-called Western US is part of Mexico that the US stole from Mexico, disrespecting Mexican sovereignty. And HK'ers are NOT "abandoning" or "fleeing" HK; on the contrary most of those who left HK five years ago regret it and wish to return, especially from their misery in the poor UK. Further, HK recently announced a new $5M permanent-residence-by-investment visa program which is extremely popular with foreigners from all around the world, who've lined up keen to buy it, including me! An opportunity of a lifetime! As HK is simply awesome today!
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  11.  @rmondave  The US and Mexico are a tiny market compared to big booming Asia. FACT. Like only one-tenth as much total total sales volume. Plus Asia adjoins Europe and growing Africa, to basically add up to world domination. Asia has the growth whilst the US is declining and shrinking. US has high inflation that exceeds its low annual growth, so in fact US is shrinking in real terms, has been for 4 years. No future there.
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  12.  @chriswong9158  Yes, but SK and JPN can change horses - only if they throw off their vassal. Abe tried to do that and move JP closer to RU, this was his mission after PM, so the CIA assassinated him. Fact. The CIA also rigged the SK election during covid with its electronic voting per the Korea Herald which also cites 79% disapproval of SK's Yoon.
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  13.  @189Blake  Very true and hope it stays that way. As Mx came from Spain which has a very blemished record for its extensive, aggressive imperialism. In contrast, China's record of imperialism is far more benign, even over its 5000+ years of recorded history, the longest continuous history of any nation on the planet, most of which it was the #1 or #2 power in the world (and will be again soon). China and Mexico would make a good match & partnership so Mexico should join BRICS+
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  14.  @HuntingTarg Wrong. As a very wealthy US expat in Singapore with global investments, I know that Hong Kong today is flourishing again and is the strongest in its history, having stabilized and recovered from the US-UK failed attempt of a color revolution. Full support to the Nat Sec law, which is fair and mild compared to the multitude of new & increasing US laws that enable full surveillance, repression, and imprisonment of Amercans at an incarceration rate that's the highest in the world. Wealthy americans are leaving the US at the rate of 5K+ per month, while HK liberals who left HK to live in the UK now suffer in UK poverty and desperately wish to return to prosperous HK but cannot.
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  15.  @rmondave  Today, the US consumer market is half the size of the Chinese one, based on sales revenue, which soon will be 3X bigger, according to global private bank wealth managers (UBS, etc) and Visual Capitalist.
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  16.  @rmondave  Almost all the high skills are in Asia, Ask Tim Cook, Bill Gates, Elon Musk, etc. That's why their main facilities are there East asians blow away everyone else in the engineering and computer olympiads. And in the the PSAT scores, standardized STEM tests, etc. Even in the US, most of the key techs are Asians. And many of them are leaving to return to Asia.
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  17. Brazil booming whilst argentina and paraguay perish. The latter is the only nation still clinging to taiwan, lol
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