Comments by "SkyRiver" (@SkyRiver1) on "EV sales in China in Q1 2022 are crucifying legacy auto" video.

  1. I own several Chinese EV OEMS, but I am aware that China has major problems, both domestically, and geopolitically. The end of the Chinese miracle is clearly in sight. They are basically screwed no matter how you look at it. And their policies are so stupid. They don't have and haven't been able to develop a vaccine that works, so they have to enforce a zero tolerance program that shuts down industry. And the truth is they probably started the whole thing in one of their labs. Now they are backing Russia, whose actions are going to lead directly to China not being able to get enough petroleum to continue on course, and what they do get will be at a high price. China is totally dependent on it's adversaries for it's prosperity, and on the middle east for it's oil, and even if it made a full transition to EVs and nuclear and solar, it needs petrol for it's industrial base stocks. No petrol, no plastic, no plastic, no manufacturing of most every consumer good, from clothing to iphones, to EVs. And this is not even considering that all it's oil has to pass through choke points controlled by it's enemies. Then there is the demographic time bomb, which is just beginning to hit. Masses of old people with no social security net, and very few young people to man the factories and take care of them. Demographics do not lie. It's now or never for China because in a decade or so it is so screwed. Maybe the Tesla bot will save them, lol. Their fearless leader has no idea what is really happening in his own country because he has shot the messenger so many times. I like many are counting on China in the short term, but now with the Ukraine thing and the possibility of a shut down in Russian oil that will deplete the world oil supply even the mid term is very shaky. Consider this: the pipelines from Russia to Europe run through Ukraine, lets say they are destroyed by the war, or by sabotage: it's not a matter of shut it down and start it back up. The last time Russia had to shut down the pipelines so the system would not self destruct because of over-pressure it took nearly thirty years to get everything running again, and this was only possible because of western expertise and management. These western experts are no longer in Russia. If the pipeline is shut down, which it will have to be, if either it is disrupted by violence or if Germany decides to no longer pay for the war by buying Russian gas and oil, according to Peter Zehan it will take a minimum of ten years to get it running again. In case you are unaware, there is no viable pipeline from Russia to China. China gets it's oil by supertanker form the middle east. It cannot get it by supertanker from Russia. There are no deep water ports to use. They would have to use small ships and off load to super tankers in NATO territorial waters and that ain't gonna happen. Just some word of warning about overoptimism on a long term future prosperity for China. Unless of course the Tesla bot saves them form themselves. Which actually could happen.
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  2.  Ululu Kululu  https://www.youtube.com/watch?v=bww_LNrJYHs
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  3. I am not blaming anything on China except that they are a dictatorship, but basically they are screwed.
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  4.  Ululu Kululu  China would never even had prosperity at all if it wasn't for the west investing and trading with it. If USA ends trade with China, China is dead in the water, but the USA will be fine. https://www.youtube.com/watch?v=SMtHrpAudQ4 Perhaps you are not old enough to remember, but I remember the Chinese eating the bark form trees because of famine brought about by their fearless leaders. Then Nixon opened China, and they began to prosper, and steal all the tech they were capable of, and not pay for patent use etc, etc. etc.
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  5.  Ululu Kululu  https://www.youtube.com/watch?v=h-3kIsW4KEM
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  6.  Ululu Kululu  Oh, I forgot, I am blaming China for Covid, despite their underhanded secretive ways, there is just too much evidence that it escaped form a lab in the same city where it all began. Millions of deaths, thank China's totalitarian a holes.
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