Comments by "HKim0072" (@HKim0072) on "China Observer" channel.

  1.  @patrickt49  I literally never interviewed a person without a degree: analyst position for retail corporate headquarters.
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  2. The US is the most insulated economy on the planet. Food independent (kinda), Energy independent and the ability to absorb immigrants (if politics don't get in the way) to grow population.
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  3. It is interesting. You'd think that China would start putting military assets around the world ie Africa just for real time reps before invading Taiwan. Unless they plan on nuking Taiwan, the PLA will need to perform land ops.
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  4. Sorry about the cold war relations. Can we be friends again? - USA
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  5. Yeap, would have served a dual purpose if they implemented it in the early 2010s. Would have slowed down the bubble pricing + solidified the tax base. But, they would have been greedy and double dipped. Would have sold the land lease for high prices AND had a property tax. Adding a property tax now would be...suboptimal.
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  6. My favorite restaurant was about 10 min walk from my flat. Was always crowded even on weeknights. Moved in ‘08 a few miles away. Have to admit selfishly that I enjoyed less wait time / less crowded restaurant in ‘09.
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  7.  @MrGerdbrecht  Hmm, you must be European. I started working when I was 11. Had full time jobs in the summer all through high school and was working 2 jobs during the summer for most of college (not the latter half). I loved all my jobs when I was young. I got to meet new people from different parts of the city I would never meet in my US suburban town. Same with my waiting tables job post-college. Interacted with different people and always made a "game" out of it. I tried to be the most efficient waiter in the restaurant. And, it was a great change of pace from the office work. I've always regretted that I didn't work hard enough in those years. Going out and partying was overrated during that time period when I look back at it.
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  8. Why? It will take several generations to reverse the brainwashing even in the younger generation of Chinese. As they said in the Matrix: That system is our enemy. But when you're inside, you look around, what do you see? Businessmen, teachers, lawyers, carpenters. The very minds of the people we are trying to save. But until we do, these people are still a part of that system and that makes them our enemy. You have to understand, most of these people are not ready to be unplugged. And many of them are so inured, so hopelessly dependent on the system, that they will fight to protect it.
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  9. Dude - M2 doesn't mean "paper" money. Cash is part of it, but the bulk of M2 is bank deposits.
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  10. I have a backup backup laptop. It's a Macbook from 2012. It still works reasonably well.
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  11. Oh yeah, I forgot. The dude has so many positive interactions with people, he wasn't prepared for this aggressive interaction. A couple of videos with Chinese girls: https://youtu.be/j8gXVOcKE50 https://youtu.be/QL3K6e9K63Q
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  12. China is about the size of the US. In the US, west had earthquakes. Midwest has tornados. East / South has hurricanes. Pretty common stuff.
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  13.  @parkerbohnn  Dude. Dude! That's literally part of the cash flow evaluation. You've never done any type of corporate finance work eh?
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  14. lol, China doesn't realize that Koreans don't like them. Really don't like. According to Pew Research, in 2015, South Koreans were relatively positive about China, when only 37 percent of them held unfavorable views. Fast forward to 2022: When asked about general views of China, 81 percent of South Korean respondents expressed negative or very negative sentiments. That is (substantially) more than in any of the 56 countries surveyed worldwide as part of the Sinophone Borderlands project.
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  15. They have to cover up the bad loans / assets. It's very dangerous because assets are overvalued and loans have been secured with those assets. Have no idea how much leverage is in the system, but this is exactly what happened in Japan. They can't write down the RE assets on the books or it creates an accounting nightmare.
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  16.  @contentsdiffer5958  If you are talking about Japan, you clearly don't know the Japan market / culture.
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  17.  @lolingkwarts3999  They've been serving yukhoe in Korean restaurants in the US since at least the '90s. I'm not sure that says anything about the US.
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  18. lol, zero chance banks have taken the proper write downs. It would blow up their balance sheets.
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  19. This is one of his most impressive performances: a (young) female composed her own song. He listened for a few minutes. Played it back with his interpretation...and added Boogie Woogie. https://youtu.be/Wgo4zVZiPNg?si=VzMSmjc8M6LEDtsL
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  20. Honestly, they throw in a lot of random opinion / analysis that just isn't accurate. Stuff like ASML rebounding despite of China. It's way more nuanced.
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  21. There is some good information out there and remember, it was a Bloomberg article. Someone leaked the information (likely intentionally). A couple of good points I've read: 1- only deals with liquid propellant models which are likely small quantities 2- no determinant numbers on the silo lids either 3- somewhat plausible error made when testing the "leak proof" of missile. Filled with water and mistakenly marked with filled propellant.
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  22. The State will survive. The CCP has a way better system of internal security than a country like Myanmar.
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  23. It is global news.
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  24.  @idrathernot_2  Roch - they are end users and not a bank. They can't create a crisis. They are invested in a wide range of investments all across the world. If they went under, its saying the whole world is going under. edit: Just looked it up. Roughly 1/3 of their AUM (asset under management) is their iShares business which are ETFs. I remember when Blackrock bought the ETF business from Barclays. I worked in the same general area of (one of) their home office. Historically, It's one of the best acquisitions in the financial world ever.
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  25. They should have elected me as President instead of Xi. My lowly BA in Finance would have saved the Chinese economy for the long term. (But, I would have privatized the heck out of everything, lol.)
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  26. Wow, the city whose foundation and success was built on western liberal democratic values has went to sh** after the CCP broke the 1 country 2 systems pledge? Geez, what a surprise? Btw, all the stock market stuff is silly. The HK index is just a proxy for China. Really has nothing to do with HK.
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  27.  @deftones8717  lol, a lot. They measure it in metric tons. China is tops around 400 eggs per capita per year (using weight assumptions). That's 560 billion eggs.
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  28. Dunno, I'm skeptical on the size and time period. There are private satellite companies that take pictures of everything. Nothing in the news about it. If the fires were huge, there would be satellite pictures.
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  29.  @JohnGrandline  umm, they want to be seen, but not seen? Just come during the day and everyone will "see" them.
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  30.  @fdm2155  No, I mean inefficient for the shopper.
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  31. All you had to do was trust Uncle Warren in the 1960s / 70s and you were set for eternity. The stock price was $39. It's 542,414 today.
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  32. Pakistan seems to be the same way.
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  33.  @ian-flanagan  Yeah, just commenting on the CCP shill overreaction / intentional obfuscation. They know zilch about what he does and how he plays / performs.
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  34.  @A.S.K.1  You didn't watch the video or you'd understand my point.
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  35.  @ian-flanagan  DUDE - Not his videos. It's literally in the first five minutes of this video. Do I have to time stamp it for you? 3:33 They are accusing him of "butchering" a Chinese opera song.
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  36. Someone else commented on a different video, but where are the wumao? and CCP / Russian joint bot farm? They used to make comments on these videos.
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  37.  @charlesharper2357  Yeah, I should have been more specific. Obviously, I mean in terms of CPI / inflation.
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  38.  @talkinghand122  Healthy economies run off discretionary purchases.
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  39. Just feels like a bad version of ChatGPT. - deflation is bad: ok, we’ll raise prices so the CPI will increase - budget shortfall: ok, we’ll raise fines and utilities costs - frugal budgets: ok, we’ll reduce office supplies Part of me is glad that Xi is incompetent. But, he’s a zealot which makes him unpredictable.
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  40. Transit works differently by country. In Korea, they just scan your bags, but you legally aren't in the country. Not sure if HK works the same way.
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  41. It's amazing how stupid the Pooh Bear is. There have been rumbles of deflation for 1-2 years, so the CCP has made a directive to increase prices.
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  42. Yeap, the law of large numbers. Chinese men need 30M brides. You can't steal that many childbearing age women from other countries.
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  43. China is lucky that it is a young and spry nation and doesn't have any issues with an aging...wait a sec. They are screwed.
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  44. WTF dude. It's the exact opposite of everything you said. A shitty Chinese economy helps tamp down inflation because they aren't buying commodities. The US is near full employment. We don't have enough workers and it's pushing wages higher.
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  45. lol, seems like it’s a government scheme to make Chinese women lower their standards. Not enough marriages happening.
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  46. I'm assuming you are American. We are unique. We are one of the few countries that could fully decouple from China and be ok. Would hurt a few industries though. Much harder for other countries.
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  47. Come on dude. We hire illegals from Central America to process food. Makes zero sense to transports live chickens to China on a boat.
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  48. lol, the student restrictions are creating a bunch of mindless robots. And, then the CCP wonders why no one has any creativity. Guess they'll keep stealing stuff from western liberal democracies.
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  49. Agree. I've been to several Asian countries. Thought at least I'd go to HK at some point. Have zero interest. I feel more confident eating street food in Thailand than any food in CCP China.
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  50. Chinese immigrants have the worst manners of the 3 East Asian countries. Japan the best, then Korea and then China.
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