Comments by "Louis Giokas" (@louisgiokas2206) on "Samsung No Longer Needs China, South Korea's Exports to China Tumble by 30%, Chips Dropped by 41%" video.

Decoupling from the Chinese economy is the prudent thing to do. All indications are that China is headed for a fall. Those that do not find other markets will be badly affected.
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@Willywoowilson The investments grew because people assumed increased growth. This has not happened. Considering the unreliability of Chinese statistics, investors, even those who previously were bullish on China are now pulling out and advising other to do so as well. The latest investment reports show a steep drop. As for Chinese EVs, have you not seen the massive numbers that were registered and not sold. We are talking about tens of thousands. All Chinese EV makers are experiencing significant downturns in their business. There is a bloodbath going on.
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@Willywoowilson Countries don't order cars, businesses do. We'll see how they sell. Just look at the actual market share even among EVs. The last figures I saw show China's share was minimal. There is also disturbing data that many EVs produced in China were manufactured, "sold" and have never been insured. In other words, they are sitting in a field or abandoned buildings. This is just to get the subsidies.
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@breadnewbie6326 You give them too much credit. These are the same people who invested in FTX and SVB. How about all the SPACs that were all the rage? Most have lost money, and many are defunct. The people you seem to admire made the decision to invest in those. In many cases they were following the herd, not doing any fancy analysis. The only thing that saves most of them is diversification. They spread their money among many investments and if some go south then they are not affected so much. Of course, they are also using other people's money.
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@huggybear441 If you have something to say then say it. Use your words.
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