Comments by "Fox" (@tomlxyz) on "China's Common Prosperity Agenda could Destroy Luxury Brands" video.

  1. Nah, gotta keep this name to lure in the meme investors to make them actually learn something
    14
  2. Nothing is absolute
    3
  3. Yeah he's like the most useless billionaire for society
    3
  4. In china's case it's often officials using bribe money they get, so do have
    1
  5. They would need to pay workers much more and hiding meaningful big production in the US would also have a high cost. Just dealing with import is much less of a hurdle
    1
  6. But luxury brands are quite an unfair way to store wealth as most can't afford it
    1
  7. I greatly doubt that. The image of oneself and saving face is much more important in China than in the west. I actually already can think of another case where just saying it didn't work: Being more resourceful with food. In China it's a thing to put loads of food on the table when you invite someone or have an event to show you're not poor or something like that and the government has recently told that should stop but people kept doing it.
    1