Comments by "D W" (@DW-op7ly) on "Fastepo " channel.

Chinese Airlines Need 5,000 Pilots Per Year in Next 20 Years China is facing a significant pilot shortage. AIN
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Japan was your American lapdog You got them to raise the value of their Yen in relation to the USD basically wiping out their export markets 👇 From 1980 to 1985, the dollar had appreciated by about 50% against the Japanese yen Wikipedia
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You Americans need to borrow 2 trillion a year The Chinese trade surplus with the world for the last 2 years has been around 820 billion a year
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Discrimination is part of the problem Here is an example when you discriminate against Asian Americans in higher education For a diversity push, where Asians are not the right kind of diversity You weaken your country put it behind in Science and Technology China alone leads the world in 37 of 44 critical technologies of the future I’d send my kids to China to study rather than the USA It’s the Asian Century
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@weetaoneo3081 In China in 2008 around 70% of the people in their real estate markets were buying their 1st homes in their cities By 2018 around 70% of the people in their real estate markets were buying their 2nd and 3rd homes in their cities That’s why you are hearing about problems with their property developers these days. Because back in 2010? Their Central Government started cutting of money flow to these developers. Thus why you heard about Shadow Banks and Underground Economy back then, that their Government had to come into to shutdown or regulate. Even then, It took them almost 14 years to get their overheated real estate under control Heck they were about to introduce a nation wide property tax, but then trump started the trade war in 2018 Why is their Central Government doing this? Because there are still a few hundred million poorer rural folk they still expect to move to the cities to join their more well off urban city folk countrymen. Problem is these property developers were building higher end homes, and not building the affordable homes these rural migrants will need In China Owning a home in the city you migrate to? Affects your employment, health, education and even marriage prospects don’t have a house you don’t get married Thus the common prosperity push and the crackdown on the overt displays of wealth in China Their Government probably figured out you disenfranchise the people at the bottom of your society they are the ones most likely to act out in protest
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In China in 2008 around 70% of the people in their real estate markets were buying their 1st homes in their cities By 2018 around 70% of the people in their real estate markets were buying their 2nd and 3rd homes in their cities That’s why you are hearing about problems with their property developers these days. Because back in 2010? Their Central Government started cutting of money flow to these developers. Thus why you heard about Shadow Banks and Underground Economy back then, that their Government had to come into to shutdown or regulate. Even then, It took them almost 14 years to get their overheated real estate under control Heck they were about to introduce a nation wide property tax, but then trump started the trade war in 2018 Why is their Central Government doing this? Because there are still a few hundred million poorer rural folk they still expect to move to the cities to join their more well off urban city folk countrymen. Problem is these property developers were building higher end homes, and not building the affordable homes these rural migrants will need In China Owning a home in the city you migrate to? Affects your employment, health, education and even marriage prospects don’t have a house you don’t get married Thus the common prosperity push and the crackdown on the overt displays of wealth in China Their Government probably figured out you disenfranchise the people at the bottom of your society they are the ones most likely to act out in protest
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The US shale oil industry has been borrow to drill and then borrow to drill some more to maintain production numbers That’s because the depletion/decline rates on those shale oil wells are horrendous From what I read even the high oil prices have only helped these oil companies one close to break even on that borrowed money where they hope to transition to natural gas In short all that money spent and borrowed mostly went to the corporations and banks 👇 Shale Wells Producing More Early On, Then Declining Faster Than Ever The challenge of sustaining shale production is growing larger. August 16, 2023 Production from the average US shale oil well is declining more rapidly every year, with the biggest losses by far in the Delaware Basin, according to a report from Enverus. Increasing rapid declines by many thousands of older wells are obscured by the rise in total production from new wells as the industry engineers completions to maximize early production. JPT 👇 DECLINE RATES IN THE BAKKEN SHALE For decades the oil industry has applied a simple rule estimating a constant “decline” rate in conventional oil wells. Typically production in an oil field declines at an annual rate of around 8% to 10%, absent further investment. This allows field production to be counted on for two decades or more. Shale oil development, however, has turned the rule of thumb on its head, with decline rates as much as 50% in the first year. In order to maintain oil shale production the industry must constantly drill new wells. IAEE
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Fox News pundit on China
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You don’t believe CNN Or MSM but you believe everything they tell you about China Especially the biased commentary I go to any site mine them for information and ignore the commentary That includes left and right wing publications in the USA
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Most western countries are borrowing money to survive Using external Sovereign debt While the Chinese slowdown was because China went after its real estate markets and speculation For a common prosperity push
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What most people don’t get? Is it is US multinationals making the lion share of those profits inflating the trade deficit between China to the USA Where Chinese companies trade with their Belt and Road country partners these days These US multinationals are the ones sending you that junk These multinationals are still using the same highly polluting labour intensive formula. Using illegal labour from South East Asia. Or more and more automation in their wholly owned factories in China These are the same companies who got those trump tax cuts you for sure cheered about Same companies based in China who derived 392 billion in sales in Chinese domestic markets in 2018 when trump started his trade war Same companies whose high flying stocks are in your 401k/Pensions Same companies who the American farmer and consumer were sacrificed. So these companies could get more or better access into those Chinese Domestic markets Same companies whose HQ is in a North American city you can easily go stand outside and protest at Why didn’t China pull the nuclear option and boot these companies you might ask? They don’t believe in a zero sum game type of thinking As I can show you during the trade war. China. didn’t pull out their big trade weapons, in fact hey we’re lowering tariffs to most countries not raising them 👇 Trump’s ‘trade war’ with China won’t be so easy to win Having learned these value chain lessons, Beijing has worked hard to bring more of the high-value-adding parts of value chains into China, and to build hi-tech industries in which it can establish a globally competitive position. China has successfully done this in areas like high-speed trains (CRRC), digital telecoms networks (Huawei), drones (DJI) and hi-tech batteries (BYD). Trump’s team is not wrong to be worried about China’s competitive emergence here, and to target these new-tech sectors in the latest trade war sortie. But here’s the problem: China exports almost none of these new-tech products to the US, making US tariff threats meaningless. Rather, they go to developing economy markets – many embraced by the Belt and Road initiative – where China has succeeded in building a hi-tech, high-value brand reputation. As Trump’s team will quickly learn, the challenge of finding China’s pain points is bigger than expected: for a decade China’s priority has been to base growth on the domestic consumer economy and reduce reliance on the low-value-adding export processing industries (many of which are US- or Hong Kong-owned and concentrated in the Pearl River Delta) SCMP
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SPECIAL REPORT-How smuggled workers power"Made in China" The smuggling of illegal workers from Vietnam across the 1,400-km (840-mile) border into China is growing. Labour brokers estimate that tens of thousands work at factories in the Pearl River Delta, which abuts Hong Kong. Workers from other Southeast Asian nations are joining them. Visits by Reuters to a half-dozen factory towns in southern China revealed the employment of illegalworkers from Vietnam is widespread, and authorities often turn a blind eye to their presence. Workers from Myanmar and Laos were also discovered to be working in these areas. Reuters found that employers supply these illegalworkers with fake identity cards and sometimes confine them to factory compounds to keep them out of sight of the authorities. Reuters
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