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

  1. As the saying goes: "You get the government you deserve".
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  2. As a man who has never worn any type of make up, I found this video very interesting. It's like traveling into space.
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  3. 3:48 "The global fashion system is built on exploitation". I have lived in developing countries for over 20 years and I know for a fact that the workers and small businesses there do NOT view it as exploitation. They view it as a business opportunity to develop, and an opportunity to better their lives. They flock from country to city in the hope of taking part in this opportunity. They don't say "let's go and get exploited", but instead say "let's go and make some money"! Asia in particular have so many examples of how these practices helped the countries get out of poverty and into the middle class. It's only rich people in the West, people who are completely out of touch with the rest of the world, who see this as exploitation. Those rich people only want to feel better about themselves, they want to signal how morally righteous they are, and in the process they are perfectly willing to prevent the global south from developing.
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  4. With all the energy these people are putting into the technology, I foresee a wave of these projects in the future.
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  5. Congratulations to Ellen Huet and her team at Bloomberg. This was so good! Please consider doing more series like this with in-depth reporting on companies. They don't even have to be big scandals, just some deep insights.
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  6. Toward the end of the video, locally knitted vicuna wear is shown, presumably sold directly by the Lucanas. How much do they get for that? If it is more profitable, just stop selling to Loro Piana and sell your locally made items. If it is less profitable, I guess they're better off continuing their sales to Loro Piana. However, there's a business case to be made here: If the Lucanas can get property rights to their land, they can develop cooperatives and generate more profits for themselves by controlling production, processing and shipping. This is exactly what European farmers started doing in the 19th century. It brought them from abject poverty to considerable prosperity in just a century.
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  7. 9:55 "China has invested $15 billion, more than any other country". But the IBM guy just said that they alone have invested $7 billion, so perhaps this only counts state funds?
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  8. Fuel cells are much less efficient than electric: Converting electricity into hydrogen loses energy, and converting it back to electricity loses energy again. Cutting out the 'middle man' is more efficient. Fuel cells are good for storing energy in the form of liquid hydrogen, but if the future brings charging stations everywhere, it won't be necessary.
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  9. This felt like having a child tell me how to tie my shoelaces.
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  10. I didn't hear them give examples of the dystopian future they feared. I would have liked to hear that so I could weigh the pros and cons myself.
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  11.  Hans Zarn  It doesn't really matter who he is, or what he does. What matters are the arguments put forward. Are they reasonable or not?
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  12. Amazing that Filipinos would consider voting anyone from that family into office.
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  13. 0:42 "This is not simply a story of individuals making unhealthy lifestyle choices". Yes, it is. That has always been the reason for overweight and obesity. But that does not mean those people deserve scorn. If you have grown up in a society of scarcity, it is only normal to eat whenever you can, and eat more. It's a survival technique. But as society becomes more prosperous and abundant, people need new ways of thinking about food. They need to learn how not to eat too much, rather than too little. And frankly, I am skeptical that eating a Big Mac is more or less unhealthy than eating Butter Chicken.
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  14. They started electing their own parliament in the 1980s. The HK parliament (Legislative Council) made all the laws. So a solid step toward democracy. The governor was still appointed by Britain, just like in other colonies that were not yet independent, like New Zealand or Australia. The appointment by Britain of a governor only ended when these countries became independent.
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  15. There's nothing new in this video that hasn't already been said in numerous other videos and articles for many years, now. Where I'm from we burn all our plastic in large incinerators, making electricity and hot water for residential heating in the process. After all, plastic is made from hydrocarbons like oil and gas, so why not burn it once we're done using it? (Yes, the smoke from the incinerators get filtered).
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  16.  @SZ23219  "even if they do the dirty work there". Immigrants usually start by doing dirty work when they first arrive. Only later do they find successful careers. This is especially the case if they cannot speak the local language fluently.
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  17.  @tatendamuza6182  "you guys don't admit even after so many years that you took people's land". Does the current population of Zimbabwe admit that they themselves took the land from the original inhabitants, the Khoi and San peoples, when you migrated into Zimbabwe 1,500 years ago? You weren't the first, either.
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  18. It's hard to get into Myanmar, even for journalists. Ukraine welcomes journalists all the way to the front line.
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  19. "China will get its own duv and euv, its just a matter of time." So will North Korea, it's just a matter of time. Of course, the big question is: How much time? A decade? Two? A century? These things matter a lot.
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  20. Why would someone open a restaurant and make it 'Korean only', when they can make more money by inviting everybody in?
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  21.  @tradorj8354  If they manage to convince us that we should ban outsourcing of certain processes to developing countries because it is 'exploitation', then those countries will have fewer opportunities to develop their economies. To be fair, this hasn't happened yet, and it probably won't happen, but if it does it certainly won't be to the benefit of those 'exploited' workers.
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  22. 1:37 Look at that archival footage from Beijing 1995: New apartment projects selling for 1,600/sqm. 25 years later, those same apartments would likely go for 90,000/sqm; a 5,500% increase. Real estate used to be one of the best, if not the best, investments you could make.
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  23.  @TopTrendingVideos_  "a tired statement from desperate people". The Khoisan people of Zimbabwe are desperate, yes. They are marginalized, they suffer discrimination, they are deprived of legal rights, they are pushed from their lands by Bantu-speaking people, even though they are the indigenous inhabitants of Zimbabwe, and because of those things, live in perpetual poverty. So yes, they are tired and desperate.
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  24. I once had cold, sliced pig's brain in China. It was bland and mushy and sadly didn't give me much insight into the life of that pig.
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  25. And presumably they will be paying taxes, just like all other private companies.
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  26.  @Drownedinblood  Yes, that is true. And there's no doubt that the UK would have liked to keep HK as their colony.
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  27.  @mgronich948  "During the civil right demonstration in the US that won voting rights for so many african americans, there were no demonstration in Hong Kong against British rule. " That is not true. In the late 60s, there were huge demonstrations against British rule in HK. The colonial government got so scared they sent troops from the UK to ensure order. But it is true that the demonstrators didn't want democracy. They were inspired by the Cultural Revolution and wanted Mao-style rule.
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  28. This is some excellent reporting! I wonder how many episodes there will be.
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  29. 2:47 That's a nice looking speaker setup. Looks like two horn loaded woofers on each side.
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  30. Why are you ok with eating fruit, which contains the same chemical that eats through a Coke can? Citric acid.
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  31.  @learnbycoding  I can read some, but not all. So here is an interpretation from someone else (taken from Baidu): 20世纪知名学者杨伯峻《孟子译注》的翻译是：“孟子说：‘不孝顺父母的事有三种，其中以没有子孙为最大。舜不禀告父母就娶妻，为的是怕没有子孙，因此君子认为他虽没有禀告，实际上同禀告了一样. 无子的结果是无孙，换个语词说“没有子孙”或“无子孙”，是继承赵岐说法。
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  32. Held accountable in what way? By paying fines? And how is keeping them accountable in, for example, North America and Europe, how is that going to help people living in water-scarce regions? You can't just transport all the water they need around the world. Water scarcity is largely a local problem, and is, to some extent, a locally created problem. So, a better reaction than to blame a few is to find solutions that help the many, as Singapore has done. And let's not forget that Singapore is among the '8 million top contributors'.
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  33. These women should start an all-women ad agency where they can feel safe. It might be very successful.
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  34.  @danielo9902  What do you mean by 'how little time'. If you start at the Qin Dynasty, it took them over 2200 years. When do you start counting? If you start counting from the time China first entered space exploration and sent up it's first satellite, that was in 1970, 54 years ago. They launched their first space station in 2011, after 41 years. Is that a 'little time'?
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  35. Who are China's enemies? Which countries are currently banned from buying Chinese drones?
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  36. Doesn't the same apply for any person who sells things or services, including shop owners, restaurant owners, auto shop owners, lawn care workers, roofers, dentists? Just because their job is to sell doesn't mean they don't contribute to the local economy.
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  37.  @reymar4657  The Philippines has total gold reserves of about 190 tons. The combined net worth of Bezos and Gates equate to roughly 5,600 tons, or 30 times as much.
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  38. What an amazing story!
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  39. That's easy: Don't drink too many sugary drinks. You are ultimately responsible for your health, the person who sells you sugar is not responsible.
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  40. That's like saying a farmer will come out as the biggest loser because people just want to buy their corn/wheat/soy. When did selling things become a losing position?
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  41. I liked Ashlee Vance's reports from Shenzhen. Very interesting. This is also interesting, but it seems like they didn't have enough content so they decided to stretch it out with some camping footage and a long Zoom conversation in the end. I could have done without that. That female Bloomberg colleague looks cute, though.
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  42.  @MyDogRescuer  " we choose someone who have a proven track record in governance". Fair enough. Only time will show if you chose correctly.
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  43. 无后为大 specifically refers to offspring/descendants, ie. 'not having descendants is the biggest (unfilial act)'. 后is for 后代=descendants.
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  44. This video is a shortened version of another video that Bloomberg posted 11 months ago. I thought the whole thing looked very familiar. But what is it? Two guys who are proponents of space elevators, they believe in it, it's their thing, and they talk about how "it's possible now". Well, let's see. I'm skeptical.
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  45. Inspirational TED talk of the week: "Nature has been providing us with an environment that has been a sweet spot for humanity". What luck! "Nature based solutions are.....very human based". I have no words.
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  46. Frankly, Najib Razak's wife reminds me of Imelda Marcos: "What? Who, me? What did I do wrong?"
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  47.  @pennyandian  Burying it is a kind of processing. Not the kind we want, but a kind nonetheless.
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  48.  @theholypopechodeii4367  People throw this term, 'ultra-processed' around, but what does it actually mean? Is cheese ultra-processed? Whisky? Seems to me people use this term mostly for modern foods with lots of additives made in a factory, and that gives the impression that people feel the additives themselves make the food unhealthy. But where is the evidence for that? All current additives are approved for human consumption. What knowledge do we actually have that 'ultra-processed' food is unhealthy? Is it just based on belief without evidence? People used to believe MSG was bad, but I think more people are coming around to the reality that it does nothing harmful to us, and that's just one example. High-end restaurants will sometimes process their food to an extreme degree, freeze-dry it, pulverize it, etc. Does that make it unhealthy? I'm highly skeptical.
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  49. Is that a Glasgow accent he is sporting?
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  50. Very interesting overview, Bloomberg. Thanks for that.
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