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

  1. Whoa, let’s settle down about cost effectiveness. The NGAD which feature drone wingman is going to cost $300M per plane, lol.
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  2. The original iPhone was the best. I dropped that thing a zillion times and the screen never broke.
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  3. @ The original question hinted that it was referring to a longer period of time, "Their GDP probably has never grow at all". Not just 2024.
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  4. I wonder how much is real estate losses vs core retail business.
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  5. It's the only way Japan survived their deflation time period. BoJ owns 53% of government bonds and 7% of the stock market.
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  6. @ I'm not your monkey. Geez, do your own research. We have the internet. If you want to make a point, maybe research it first and then formulate an opinion rather than shooting from the hip.
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  7. In theory, they can sell it again, lol.
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  8.  @Caz-z1x  Exactly, old timer. When I was in my 20s, I had 2 jobs. Full time office job with a 1 hour commute each way. Then, I worked 20+ hours a week waiting tables. Yes, I worked 7 days a week. Never took a vacation either (went 3 years with no vacation and only took time off because my friend got married). I'd go out once during the week and on Fri nights as well. When I was in my 30s, I was putting in 65 hours a week at the office and worked every Sunday. Back then, I was getting up and firing off emails at 5AM, but had to stop because it was scaring my team. Took a vacation maybe for 1 week. Was still going out several nights a week. And, yeah. I couldn't keep up after that. Edit: oh yeah, before I was department head, sometimes I would stay late and sleep under my desk. The drive would have been easy 20 mins since there was no traffic, but I was a maniac back then. I'd sleep for 4-5 hours and then go home and take a shower, brush teeth etc and then head back to the office.
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  9. Divide by 7. Math isn't that hard.
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  10.  @gamer8300  lol, the degree of flooding is man-made mismanagement of land. Same as Pakistan.
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  11. No, not cash flow. All startups lose a ton of money in the beginning because they have little cash flow. Their capital market system is broken. No one can raise the actual cash to fund them. And in western systems, these companies wouldn't be able to start or would just go under.
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  12. Unfortunately, the Korean suppliers of red pepper flakes exports from China. Don’t really have a decent option. That’s the only (known) Chinese food exception I’ve made.
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  13. 6:21 End of year games? NBA Christmas games have always been the unofficial "start" to the season because football is on the homestretch.
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  14. Haha, $10B for a 1 commercial building.
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  15. umm. You need to read your sentence again and think for a second. If people stop spending money, what happens to the economy? You really think jobs are safe when people stop spending?
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  16. Lazada is part of BABA. They have reported on BABA in the past.
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  17. Not defending Pooh Bear, but that’s kinda the point. They are spending a lot of money to do the practical testing and development. The version after this one will be the non-beta version.
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  18. To be fair, these seem like bad restaurant chain ideas: likely, overpriced and not really unique. Occasionally, I'll watch some of the Japanese restaurant videos. Just small places that have been in business for many decades / generations. More of the neighborhood type small businesses. I wonder if CCP China has those type of places / how they are doing.
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  19. Big ups to China. They taken the US boondoggle projects and exploded them higher.
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  20. Avg income is about 1/5 of the US. Maybe a 1/4.
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  21. Actually, no. Madoff investors got 88% of their money back (original investment only, no gains).
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  22.  @negi9076  Dude - people do internships while they are in college. It's getting real world experience while the company pays you peanuts. Also, it level sets your expectations and generally how you fit into the workplace. And, it helps you get hired before you graduate.
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  23.  @negi9076  lol, yeah. Doesn't sound like they have the same setup. We would bring in interns occasionally in the office, but it was a lot of work for the current staff. Typically, we would put in more than we'd get out. But, we did hire a few people. But, we paid them pretty fairly. Slightly below entry level full time salary. (Man, brings back memories. Forgot that I did a few presentations / workshops with my cross functional partner at a college.)
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  24. Just watched a video about Redwood trees. They grow high…because of fog / water (and a bit of evolution).
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  25. lol, they aren't getting 60B yuan in sponsorship revenue and 40B yuan in copyright revenue.
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  26.  @importantsomeone153  Wumao alert. Everyone else is taking about consumer protections and common sense money matters. This dude jumps in with "geopolitics" analysis from Mars.
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  27. You need to look up housing price to income ratios by city. NYC isn't getting cut to 5. Or move to Detroit. It's at 2.
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  28. Europe --> US ---------------------------------------------------------> China That's the scale of food safety.
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  29. F-35 is one of the biggest boondoggles in history, but it's a sweet looking plane. It looks like video games when they fly. F-35: https://youtu.be/lbpzFXaKAxM?si=L7-aQr20i9ASserS F-22: https://youtu.be/iT8FWryeNSw?si=QMPGBKa8VORswuXw
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  30. The US Great Depression was much worse. Everything was way less sophisticated back then (financially).
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  31. The US always has fallback options. Smaller companies and government jobs. Yeah, they won't pay as well, but no one with IT skills wants to work there.
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  32. Dude - you realize how much money the current farmers / food producers make? The whole point of migrant workers is that...they were making multiples higher income in the cities than in rural areas.
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  33.  @edwardfletcher7790  Btw, you think the invasion of Taiwan is going to be some structured event? There will be 10,000 fishing boats transporting squads at a time. They aren't going to put 5000 soldiers on a boat transport across the Strait. (or they gain air superiority and do a drop in)
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  34.  @CanMav  I have to give them a free pass a bit. I have a BA in Finance and was convinced that China's GDP would surpass the US at some point. I just never dug into the details and believed the headlines. And, ignored warning signs like Citron in 2012 (Evergrande) etc. Edit: I think BIDU was one of the few Chinese stocks available back in the day. I bought in 2011ish and sold 2 years later at a small loss. It was such a dog. It's literally lower today than I sold 10 years ago.
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  35.  @MasticinaAkicta  No, just you have to smooth out the curve and make assumptions: 1- baseline was 180Mish (2019) 2- Inventory fell short in 2020 by 37M. 3- 2021-22 was trying to restock inventory levels. 4- The average of 2020-22 (3 years) = 184M 5- 2023-24 will be determine the real trend.
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  36. umm, you realize that egg rolls are an American dish right? (Being pedantic. The name would be spring roll for China / SE Asia.)
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  37. No reason for HK to exist. They have the CCP national security law. China is "open" to foreign companies. What purpose do they serve? Singapore has taken over as a "friendly" business spot. Edit: adding examples - FedEx Plans to Move Asia Headquarters, Executives to Singapore From Hong Kong. FedEx Corp. is planning on moving its Asia-Pacific regional headquarters to Singapore from Hong Kong — another blow to the city's image as an international business hub.May 4, 2023 - US law firms troubled by China’s security clampdown, Taiwan warnings, and civil liberties limits are turning to Singapore as a place to expand their Asia presence. Firms tout the country’s easy access to other Asia nations and its attractiveness as a place to do business for corporate clients. Orrick Herrington & Sutcliffe, Cooley LLP, Baker Botts, McDermott Will & Emery, Greenberg Traurig, and Goodwin Procter have opened operations in Singapore since 2020. - Follow the money: FEBRUARY 26 2023 Since mid-2021, Singapore’s foreign currency deposits have increased by more than $100bn, an FT analysis of bank data shows, while Singaporean dollar deposits remain steady. Deposits in Hong Kong banks have dwindled since early 2022, only halting in November as the Chinese city lifted quarantine restrictions. - lol, and CCP companies move in ByteDance and CNPC take over Hong Kong offices vacated by foreign companies Mainland Chinese businesses are among those securing prime locations in Central district
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  38. All these wumaos have accounts open recently.
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  39. Doesn’t seem like the last person is in China. Or that video will get taken down quickly.
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  40. Tesla cars are pretty expensive (relatively).
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  41.  @dongshengdi773  We have different data. Regardless, Only so many people can afford "expensive" cars. Tesla cut the starting price of the revamped Model 3 in China by 14,000 yuan ($1,930) to 231,900 yuan ($32,000), its official website showed on Sunday.
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  42.  @mooeykazooey  lol, they traveled 1-2 days to a bank to get extra yield. That's greed and you get what you deserve.
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  43. Someone needs to edit the script. This feels like a speed reading contest.
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  44. Channel is just recycling stuff now. Since they aren't putting dates on stuff, you have no clue when these are happening.
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  45. lol, I have that article up on my computer still. It's been there for over a month, but it was so long that I never finished it.
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  46.  @marinamarinx7655  umm, doesn't Germany offer free education to foreigners due to the lack of skilled workers?
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  47. @ My point is Germany is lacking people with a college degree otherwise there would be no reason for them to fund international students.
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  48. Feel free to move there dude.
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  49.  @Nikotromus  I don't even know if I agree with the concept, but commercial real estate collapsing could cause a systemic failure. China isn't as securitized as the US with debt. Regional banks in the US have "more" exposure to commercial real estate, but most of the debt is offload via bonds. The risk is spread out. Have to imagine that the net of Chinese banks have a way higher % of their portfolio in commercial real estate.
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  50. lol, there are no jobs in smaller cities either.
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