Comments by "Peter Jacobsen" (@pjacobsen1000) on "CNBC International" channel.

  1. My standard is to only stay at 8-star hotels, but since they don't exist, I just stay home.
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  2. It is mentioned that a billion apartments are empty, but that is clearly a mistake. Since 2000, when the market really opened, they have 'only' built around 200 million apartments, and most of those are not empty. A better estimate is around 25 million empty apartments, enough to house 75 million people (two parents and one child per apartment). Another number mentioned is that the real estate sector (and associated value chains: raw materials, construction materials, decorating, furniture, appliances, etc.) makes up 20-30% of GDP. This may have been the case at the top of the market around 2020, but now it has clearly fallen to less than half that number, considering real estate investments have dropped around 35% over the last three years.
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  3. All historical data confirm this statement. In this case, 'relative' refers to the previous years, decades, centuries.
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  4. The sister aircraft, the ARJ21 saw its first delivery in 2015 and now, almost 10 years later, annual production looks to be around 24-36 craft/year. I have never built a civilian aircraft myself, but it is probably not an easy thing to do.
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  5. "we're being prepared". Do you let yourself be manipulated so easily? Why would you think that everybody else let themselves be easily manipulated?
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  6. The list price is almost identical. No airlines pay the list price, but it is never made public what the real price is.
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  7. That is clearly a mistake. Perhaps they meant a billion square meters? Since 2000, when the market really opened, they have built around 200 million apartments, and most of those are not empty. A better estimate is around 25 million empty apartments, enough to house 75 million people (two parents and one child per apartment).
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  8. You might think so, or perhaps you just believe that is what other, unnamed, people think. But you'd have to search far and wide to actually find anyone who thinks this.
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  9.  @DukeLM  Yes, I'm sure you're right about that.
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  10. CNBC is owned by NBC NBC is owned by NBC Universal NBC Universal is owned by Comcast Comcast is a cable and broadcasting company. It is a publicly listed company and you can buy ownership in the company if you're interested. They even pay dividends: $1.16/share/year. For consumers, Comcast is a much-hated company, especially for its poor service. It has been voted 'Worst Company in America' by consumers.
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  11. It looks like a perfectly fine aircraft, but in one respect it underperforms: Range. A320neo: 3,500 nautical miles B737MAX: 3,500 nautical miles C919: 2,250 nautical miles It will still be attractive to some airlines, but the range limits the variety of routes it can operate on, and airlines look at that, too. From Beijing, the A320neo and B737MAX can cover all of East Asia, South East Asia, South Asia, Central Asia, and even go all the way to Dubai or Moscow. The C919 can get to Bangkok or Phuket, but not KL or Singapore, it can go to New Delhi, but not Mumbai or Sri Lanka, it can go to Astana and Tashkent, but not Ashgabat, to Omsk, but not Yekaterinburg.
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  12.  @tailsorange2872  Risky? In what way? Are you referring to the 737MAX problems? I suppose that's a valid point, but I suspect those problems will be solved, though it looks like it could take a while.
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  13. It looks like meat, and maybe it feels like meat, but does it taste like meat?
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  14.  @AJonVolk  Ok, I hope you will develop more trust in your own judgment going forward. Knowledge is key. If you still feel we're all being controlled: Gain more knowledge.
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  15. Quick run-down of current, active military conflicts, East to West (I may have missed some): -Myanmar: Civil war for two years running -Yemen: Low-flame civil war, but with Houthis lobbing a few missiles toward international shipping and Israel, with Western navies throwing a few missiles back -Ukraine War -Syria Civil War: Low-flame conflict. -Israel-Gaza war -Sudan civil war (though not with participation of many civilians, just warring military factions) -Libya Civil war: Low-flame conflict where factions have largely achieved control over their own territories. -Smaller conflicts in Niger, Mali, Burkina Faso, all fighting against insurgents. That's basically it.
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