Comments by "Winston Smith" (@kryts27) on "Business Basics" channel.

I did notice another thing about India's navy that kicks the asses of the PLAN if it decides to go hostile. India very efficiently intercepted and captured a cargo ship which had been hijackrd by Somali Pirates in the Arabian Sea. Without any single hostage life being lost. At a great distance from India's base of operations. That is commendable professionalism by any action of any top naval power. The PLAN, by contrast, is very unprofessional in it's conduct.
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Passive resistance works. It takes time, but it really works. Ghandi successfully deployed it to drive the British out of India.
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The radius of the (BrahMos) ballistic missile system, deployed from the Philippines shown was 4000 km, not 400km 😅
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A recent development on the economy of China versus Japan. While Japan's economy stagnated in the 1990s, China's economy is collapsing now. However, this video is about Japan's complex geostrategic situation as outlined. There is good and bad in this for Japan and the Japanese. Firstly as an island archipelago country, Japan's foremost defence rests on it's navy and air force. This is why the Japanese government needs to spend up big for these expensive items; warships and aircraft. Secondly, the quality of Japanese government and military is higher than that of China. Thirdly, as a democracy, Japan also has many allies while the CCP has none except maybe Russia. By the time the PLA attacks or invades Japanese territory or assets (such as ships or planes carrying the Japanese flag in international or Taiwanese waters), it will already be World War Three with a lot of belligerent countries involved, many of those allied to Japan. I think the PLA will have it's hands full from that point onwards. Already, with the recent PLA spy balloon crossing the United States, diplomacy is going to go from bad to worse. Maybe World War Three will start before the 2020s are over, in which case a unified allied military plan for invading the North China plain and taking Beijing might be in order. Let's call it Operation Overlord 2.
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Jack Ma would have done fine as an entrepreneur if he had Western citizenship and his businesses existed there. His companies would have done very well in a free market service economy. In fact, he probably now would be vaulting to the level of Bill Gates and Steve Jobs. He's a more interesting person than Elon Musk. There is a fundamental difference between the economic systems of China and Western countries (in general). Western countries deploy creative destruction. This sounds negative, but I fact it isn't. Since the Western industrial revolution in the early nineteenth century, creative destruction becomes the primary modes of economic and technological change. For example, steam engines were replaced in the early twentieth century by more efficient combustion engines; this is an example of creative destruction. This creative destruction has intensified and quickened in the IT industry which Jack Ma is part of. Individuals like Ma are uncomfortable to the CCP, because the CCP is fundamentally about authoritarian centralisation, of which creative destruction (the likes of Ma's companies) the CCP believes undermines it. This puts him at odds with the CCP. The current economic system of the CCP leads to a moribund economic system, which we have recently seen.
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Trump's comments about invading Greenland and the Panama Canal is hardly better than Venezuala Maduro's comments about liberating Puerto Rico with Brazilian troops. Talk about both leaders being bellicose idiots. Oh wait, both are deliberate distractions.
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It's not just "let it rot" system. The withdrawal of foreign investment in China is highly significant. Also the demographic fall of China, mainly due to the one child policy from the CCP is significant and has many long term effects. Unsustainable and unfair reverse-tarrif commerce, like the EV mass overproduction, is also not sustainable. Behind a lot of these problems are totalitarian policies of the CCP.
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A nuclear armed hyper aggressive suicide paradise-seeking caliphate worse than ISIS? Absolutely bloody not, but that horror it might be 😢
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You had to blur out a world map. Why?
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I'm no fan of Elon Musk.
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The CCP developed the Belt and Road (a decade ago) without concerns for the ability of the host country to pay back the loans. A lot of these loans were also corruptly arranged by the country's social elites as well, not including any of their own local people in building the large project; the CCP imported their own Chinese workers. Furthermore, there was little benefit to the local economy with these showpiece projects (e.g. large under-used bridges to nowhere) and many of these projects broke down after a short while (tofu dreg infrastructure). This was funded in the main by Chinese banks (i.e. CCP government loans), many which will not be redeemed in the long term and will plunge the country paying fir these useless project into more debt and poverty for generations. Loans with a different political set of contraints than the IMF; worse in my opinion. Belt and Road; Mafia loans of buy now and pay later at higher interest than IMF funding.
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Brexit is how you kick into your own goal. 😂
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Significantly, significantly
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Nine-dash line, not seven-dash. China claims much of Vietnam's EEZ as well.
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China uncensored
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China risks 30% of it's entire GDP evaporating overnight due to the real estate crises alone. That's equivalent to the 1930 depression in the United States that saw unemployment rise to 1/3 (i.e. 33% of people were out of work for a year or more). Many banks collapsed. This is happening in China (and then some) because China's debt exceeds 2.95 trillion US dollars by the end of the year. This debt is probably unpayable in full for this generation and the next generation as well, i.e. 50.years. Worse, China is hitting a demographic crises by 2030 (like Japan), where the number of elderly and retired people exceed people in employment age. This did not happen in the United States in the mid-twentieth century, so it was able to recover from the depression by the 1940s. This CCP driven demographic crises is thanks to the One Child policy rigidly adhered to by an authoritarian government. The centralized authoritarian economic model by the CCP and lauded by many brainless pundits in the West, is collapsing.
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Grain doesn't store indefinitely. It's subject to moulding, rotting and consumption by rodents, weevils and birds. Depending on the type of grain storage. China doesn't often have advanced grain storage facilities that is seen in grain belt towns in the United States, so it's storage life is a third or less of this type of storage.
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There are several glaring problems with mainland Chinese with savings to invest their money in China: #1 Corruption in the Stock Exchange. Very little legal oversight, a culture of cover up and exaggerated or false economic data make share investment in the Shanghai, Hong Kong and Beijing stock exchanges a roulette affair at least as volatile as crypto currency, so by-and-large, the savvy Chinese investor stays away from investing their money into it. #2 Forcing the money to stay in China. The CCP makes an enormous effort in preventing capital flight out of China, so the average Chinese with money cannot move any of it out of China except by the most creative schemes (which the CCP Big Brother is always out on the look for). #3 Banking. Now putting your money as a Chinese into high interest savings accounts is making the expression ("as safe as a bank") to be an oxymoron. Now, helped by banking corruption and a chronic lack of money at (initially) the local government level, freezing or even stealing people's saving deposits is becoming the norm, rather than the exception. This is all done partially to prevent a run on the banks, but it's punative and helps people decide to store cash in their mattresses, and finally #4. Real Estate bubble Corruption Ponzi scheme. Using current investor's money to pay off bad debts (and not build) in the real estate sector finally exposes the average Chinese investor the folly of buying a house or apartment that not has been built yet. Also the crazy way this has helped inflate the housing bubble to the largest ever seen in human history, which is now exploding with an enormous bang. No wonder mortgage holders are no longer paying. I just wonder why it took so long to work that out. These chickens (1 to 4) are finally coming home to roost for the CCP. Even with their enormous thought police apparatus and electronic surveillance network can they survive this perfect storm?
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I think India mistrusts China's totalitarian ideology. Also China's expansionism. At least it had to take note of China that way since it's forced takeover of Tibet in 1951..
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