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

  1. My god. It's like she is speed reading a book rather than trying to make a concise persuasive presentation. Can't finish the video.
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  2. Japan foreign residents are now 2.5% of the population. Korea is 4.5%. CCP China would need to import 35M-65M people to achieve the same percentages. lol, that's a whole country. Japan and Korea easily can import labor to help offset some of the decline. Not ideal, but still helps. And, what foreign workers would pick CCP China over Japan / Korea?
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  3. Pooh Bear to the rescue! Feeding everyone bitterness.
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  4. What a terrible take. Women have zero influence in Chinese politics which created this mess.
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  5. Listening to the video is giving me a headache. There is so much incestous business between the government and the companies owned by the local governments / state governments. You'd have to map it out to see what is actually happening and who is getting the benefits. And, where the money is coming from.
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  6. Have to be really aggressive and sharp to survive the shift to online. In the US, basically only Dick's Sporting Goods has survived. Foot Locker is still afloat, but always struggling. Sports Authority, Modell's, etc all went bankrupt.
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  7.  @CanMav  Yeap, people like to make silly comparisons: ie US growth is only 2-3% vs China's "whatever fake data GDP". If the US GDP is growing at 5%, something serious went wrong or is going to break down. (Michael Pettis has been talking about China's forced growth for a while now.)
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  8. Luxury cars are the extreme end of the spectrum of discretionary purchases. But, it’s still an example. The biggest worry are the shops and restaurants. Becomes a death spiral if commercial real estate shuts down.
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  9. This is why I don't fault the Fed for overshooting with QE and rates. Letting an economy stall for an extended period of time is dangerous. CCP China has never recovered from 2022 lockdowns.
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  10. US isn't a great example. Japan / EU is a pretty good benchmark
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  11. It's a silly argument about Americans. Having a mixture of people concerned about different issues is a positive for society. Likely more Americans care about lost pets / animal treatment than the foster care system.
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  12.  @srj607able  Indonesia has been their new growth area since they shifted out of China.
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  13. lol, I had a well reasoned comment about UST and it got shadowbanned (invisible). And, all the bot comments get through the AI censors. Makes you question the AI capabilities of big tech. Got posted after a weird delay.
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  14. lol, no way. That's around 10% of the population or 1 out of every 10 people. That's impossible not to "feel" it.
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  15. Cut my teeth in the corporate retail offices and that's the bulk of my experience. Irks the heck of out me that US retailers go through multiple rounds of safety / materials testing and somehow these products flow into the US without the same requirements on these online platforms: Chinese owned or even Amazon.
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  16.  @benfoot4212  It's available in the Philippines, lol.
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  17. Dude - it’s driven by corruption and self interest.
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  18. You realize the US will go into a recession if those tariffs are enacted right?
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  19. Sick of these "selfish" Chinese protests. They only get all uppity when it directly impacts them. Real protests are off moral grounds and / or helping out others (even though you are unaffected).
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  20. The meat makes sense because people are cutting back on the budgets. No idea about the vegetables. More people have died than having babies, but it shouldn't be that sudden. Could just be poor planning.
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  21. I'm going to assume they were flying a Chinese airline. Usually, they would have a mandarin speaking employee to assist. Not sure what speaking in English accomplishes. Plus, wouldn't Arabic be more appropriated? lol. Also, I've flown international a lot. If your flight has issues, it's never an easy fix and be prepared to wait. Can't imagine there is more than 1 flight daily from SA to China per airline.
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  22. It's pretty easy to do a cash flow analysis on investment properties. CCP China was only looking at the cap gains increase. The West looks at cash flow.
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  23. Korea did it perfectly. - In 2000, Gimpo airport had 36M passengers - In 2001, the new Incheon airport had 14.5M and Gimpo had 22M - Incheon steadily increased to 33M by 2010 - Gimpo leveled out around 13M, but then started to increase again to 17.5M by 2010 - In 2019, Gimpo airport was at 24.5M - In 2019, Incheon was at 71M 20 years after Korea built another airport, they went to almost 3x as many passengers. Also, they built Incheon airport in multiple phases. They are on their 3rd expansion.
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  24. Just enact the same safety testing procedures that US companies have to follow and none of these products pass. Then, test their products and start fining the platform.
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  25. In the US, you can just claim bankruptcy. Your credit sucks for 7 years, but no biggie.
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  26. So, these "aliens" have learned how to manipulate the space-time continuum and haven't figure out how to refract light for a cloaking device? And, what's the deal with the lights? They are ineffective for flying. The worst strategy ever.
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  27. Likely, this isn't a systemic problem. Someone stole the cash and replaced it with fake bills. Though sounds like multiple branches are running this scam. Having fake bills does nothing to the official balance sheets. (There are definitely other systemic issues though.)
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  28. I could use the same logic in 2007-09. My spending habits didn't change. Sure, we froze salaries / took paycuts and I had to fire 10% of my team, but it barely impacted me financially. I still went out to each almost every night. Still spent the same amount of money for lunch at local shops around the office. Gee, I guess everything was fine.
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  29. NYC price to income ratio is in the 10-11 range. San Francisco is around 7-8. There are 3rd tier cities in China at the peak north of 20. Shanghai / Beijing was around 50. It's pretty normal for lower income countries to have 1 or 2 cities at a high price to income because of a concentration of rich people. It was everywhere in China.
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  30.  @mikestewart4752  The only way to weed out corruption is a free press and an independent prosecutor / court system. And, that ain't happening.
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  31. If you look at a map, this bridge makes sense in theory. Guess they didn’t do accurate surveying of actual car traffic patterns.
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  32.  @christianlibertarian5488  My big takeaway is don't overact to the numbers (yet). US companies went from being under inventoried to way over inventoried. And, cut inventory to right size. Need to see more data points to figure out if it's a short-term blip or medium-term trend.
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  33. Naw, we have elections. People in the US are stubborn, but eventually they would vote people out.
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  34. While restaurants technically are "brick and mortar" stores, they aren't categorized that way. Refers to retail stores.
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  35. At least in the US, you could redeem your points for food at the company store BACK IN THE 1800s.
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  36. Was going to say at least they should be good at software and then realized their OS is based off Android.
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  37. Whenever I hear about how the CCP government is always late, wrong and then do a 180 degree reversal, I start to feel better about Taiwan. And, then I start worrying about what they will be late and wrong about with Taiwan.
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  38. F’ Elon. He refused to give Taiwan access to Starlink.
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  39. Ugh, that was Newton. We all learned the fable about the apple hitting him.
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  40. Debt ≠ losses. Accounting 101, both sides of the balance sheet need to "balance" out. There should be an equal amount of assets that offset its liabilities. Obviously, there can be accounting trickery that can overstate assets though. (Zero chance I'm going to invest any time into looking at their financial statements.) This video was all over the place. They should have slowed it down and picked the main points and expanded those points. Lots of random "facts", but didn't make sense or very interconnected.
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  41. Cumulative losses…is not a real financial number. Cash burn and current / forecast numbers are the numbers that matter.
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  42. Generally (but not always), PPI is a leading indicator. CPI is a lagging indicator. To be fair, their CPI / PPI numbers are a black box. Have no idea how they weight things. Also, CPI contains housing which PPI doesn't.
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  43. 6:36 reminds me of an inappropriate story early in my career after I graduated. Went to work for a Fortune 500 company after college. We had weekly staff meetings, but the offices were a bit cramped. Not enough meeting areas. (They were in the process of building new offices. We sat right near the CEO's office and he would come barging out into our area. Was a bit terrifying.) So, our Director would jam us into a small borrowed office for our weekly meetings (Was the VP's office, but he was in other meetings.) We are in the weekly meetings and for some reason (I have no idea why), I used to play with one of my female co-worker's hair during the meeting. Dunno, she had really pretty hair. But, I was entry level and she was 2 levels above me. I still have no idea why I did it and why she didn't reprimand me for doing it.
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  44.  @SERGIO-cr6uy  lol, they are spending $800M a year on LIV golf. Ronaldo is getting $200M+ per year. Messi was getting more. Turned it down and they raised the offer higher. At that point, it's $200M-$500M per year. Does it really matter though? It was a huge amount either way.
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  45. Bad internet research has the China full year box office around 40B yuan. 2023 was 55B yuan (-27%). 2019 was 64B (-38%). US box office is down around -19% vs 2019. Flat to 2023.
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  46. Are people insane? How would a new car company have enough data to program the software for self driving functions?
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  47. It’s basically bad communication and being dishonest. During the 2008 financial crisis, we took paycuts with upper management taking the biggest cuts.
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  48.  @pennycandyys  It's not weird. Everyone in Korea (I know this is China) has dashcams. It's for insurance purposes.
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  49. Pooh Bear had one shot post-pandemic. Dude was like, “ok, business as usual”. We’ll never know if it’s because he’s a zealot or is getting the worst data to make decisions. Probably a combination of both.
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  50.  @Games4Kidz7  lol, you've never seen the Chinese internet sites. Good luck. And, you are missing the point. Residential RE is already down the drain. Adding commercial RE into the downward spiral is suboptimal.
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