Comments by "Peter Jacobsen" (@pjacobsen1000) on "Bloomberg Television" channel.

@Usersskk Again with these 'laughing emojis' at the end of an angry post. Seems to be two opposing emotions. Very confusing.
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@Usersskk "you have proved that you are authoritarian mindset person". How is that? Feel free to present your 'proof'. Or are you just leveling an accusation at me?
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@Usersskk More personal attacks, more laughing emojis. But no arguments, no contribution to the discussion. Very weak.
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@kooalabeats5388 I understand that, but you can expect that as India grows in wealth and importance, the amount of scrutiny will only increase. Just like how a wealthy industrialist will receive much more scrutiny than a street side vendor. That is how the world should, and does, work.
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@Nolan608 Thanks for that well reasoned comment.
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@EmilyRouge In what way is Russia more developed than China? It's poorer, it's less technologically advanced.
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@cptrofl1343 "calling the US the largest developed Country is such a joke". So what is required to be a 'developed country', in your opinion?
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@sharuwanabdulla5344 "America is more like a developing 3rd world country". So how do you determine when a country is developed, and when it is developing? You must have your own standards.
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@clever34c "第一或第二是很榮耀嗎". If it's not important, why would China keep mentioning it in every meeting with the US since the 1980s?
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@美军御用修脚师 That's true, but it's a kind of marketing language, just like 没有共产党就没有新中国. It's easy to say, and it doesn't really mean anything.
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@EmilyRouge "by their infrastructure buildings and more technological advanced". Well, in that case, China is certainly a developed country. At the very least, more developed than Russia.
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@EmilyRouge "uhm china has been inviting us to meetings in the 60s and more specified,Harry Kissiger (ik its not that exact spelling but yk who I mean) and recently he went to meet in china earlier this year" Why are you telling me something I already know? And what relevance does it have to this topic?
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@EmilyRouge "he used to be a US ambassador". Even less related to the discussion of 'developed' versus 'developing', a discussion that could be had about any two countries, not just the US and China.
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@kelanzhi7269 MLGB
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@kelanzhi7269 This is quite funny, but do we have to continue? It very quickly gets boring. I'll give you the last word, if you want to throw one more at me. 😉
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Nothing special here. This is the stance of all nuclear powers.
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Not everybody wants them, but millions of people do, a number that is likely to rise to hundreds of millions by the end of this decade. There will always be a market for gas cars, though.
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This is from Bloomberg's Hong Kong studio. It's no surprise most people there would be Asian.
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This looks totally staged. Press cameras everywhere, no attempt at really taking the palace, just a calm conversation with the president at the entrance. No coup leader would be so gentle and show such deference toward the very president he is trying to depose.
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You think electric lawn mowers can control your mind? In that case, stay away from kitchen appliances, most of which are also electric.
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Race to the bottom. If I were Starbuck's, I wouldn't follow the rest. Stick to being a premium brand, but make sure people get a good experience for their money. People are happy to pay for good experiences. After all, people in China happily pay RMB 500 just to enter Shanghai Disney World.
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'Songs as an asset class'. It's actually a pretty good idea. Not an idea that would have worked in the 70s, but it works now. Real estate, equities, commodities, why not music? It has a revenue stream and you can trade it. That's less the case with 'fine art', which tends to be in someone's home, or for public viewing in a museum. Movies also have a revenue stream online, but they're rarely traded in bulk.
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You think socialism would grow the tourist industry?
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@IamACanadian47 That's a noble dream, and also a very naïve dream. We can force equality for everyone, but the very next day people will start to develop in unequal ways: You put your money in the bank, I go out and eat a huge steak. Very soon, you will be much better off than me, and we're unequal again. Only took a few weeks.
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@ZweiZwolf Back before China embraced free market capitalism in 1978, Chinese workers had neither money nor vacation time. They would get five days off when they got married so they could go on a honeymoon, but that was it. Chinese workers didn't start getting real vacation time until 1999, when the three 'Golden Weeks' became law.
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@ZweiZwolf But you will agree that after 1978, China started a massive economic liberalization and let private citizens start their own businesses, which led to the greatest wealth increase in China's history. The entire hospitality industry is mostly private, social media and tech is mostly private, retail is mostly private, real estate is (or has been) mostly private, agriculture is partly private, with some state owned farms in the 中原, 西北 and 东北 regions. Light industry, incl. electronics, bicycles, electric bikes is mostly private, textiles, apparel and shoe industry is mostly private, tourism is partly private. Chinese socialism was tried from 1949-1978. You tell me if you think that was successful, or even better, ask your grandparents.
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@ZweiZwolf Ok, fair point. China is socialist (even economically). And now, would you say China is turning toward more state control of the economy than before? Or do you think it is turning toward more private control?
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@balkanleopard9728 Ok, I happen to work in the tourist industry in China, and I live in China. Yes, there is more tourism than during Covid, but it is not even near the numbers we had in 2019. Not even close! So booming? That's really putting on the rosy glasses.
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@fengzhu4340 True, so it would also be wrong to use the term 'booming' about those countries. Perhaps we can agree to use the term 'recovering'?
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@fengzhu4340 If 91% is the correct number, then it is indeed a remarkable achievement. Let's hope the numbers continue to go up. (FYI, I work in the tourism industry in China, so I am biased in favor of that industry).
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I think you misunderstand. Before was cooperation. The competition only begins now.
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It has in a sense, just not in 1st tier cities.
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What is Jesus Christ's macro economic philosophy?
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@johnsullivan8673 I'm not. These are very big numbers. The CNY 6 trillion China has just announced will go to cover local government debt over 5 years are only for imminent debt payment that will come due during that period. They are not nearly enough to cover all the local debt. They just give local governments a little breathing space. However, as I wrote earlier, this is not the end of the world. China has many financial instruments they can use to ensure stability.
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@sleepymeow7156 My point is that your system is no better at choosing leaders than a democratic system, which is what you claim. You claim that the Chinese system is meritocracy-based, because that is what the govt. tells you with online campaigns and little, cute cartoons. But it isn't. It is based in traditional Chinese culture where you rise by making connections to other powerful people, grant the right favors and give gifts to others to 'make friends', join the right organizations, say the right words as told to you by the Center and 'The Core of The Center'. Your political, economic and social ideas are irrelevant, because you never let them become known in public until you reach the top, so no one can know what your vision is before it's too late. Now, I have no doubt that you agree with whatever your leaders say, having no real opinion of your own, other than what you're being told.
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@ZincFold "corrupt governments simply don't pull millions out of deep poverty.". China has pulled millions out of poverty, and it has punished tens of thousands of corrupt government officials, even some very, very, high level ones. So either you're wrong and some corrupt governments can indeed pull millions out of poverty, or you believe that all those officials were wrongly convicted. The US has also pulled millions out of poverty, and they have punished some corrupt officials, but there seems to be much fewer of them in the US.
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Only 20 years ago, all internet video looked like this. Makes me feel so nostalgic.
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It's not the announcement that is important, it's the actual investment. That has been going on in North America for decades, just not with a grand announcement.
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There are a lot of comments about insider trading. I haven't really looked at this closely. Is there currently any publicly available evidence for this claim, or is it speculation? (Speculation, of course, being a favorite pastime among American voters).
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No country wants to be ruled by Russia, that's the real issue.
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@MorphoAsian I've heard it mentioned, so they must have mentioned it somewhere.
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@Enastv "just set it to not auto update". Yes, but that's much too late now. Once it updated, I could never go back. I didn't expect them to delete Android just like that.
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