Comments by "HKim0072" (@HKim0072) on "China's Disillusioned Youth | ARTE.tv Documentary" video.

  1. Impossible math. 1500 euros / 30 days = 50 euro per day. 50 euro / 16 hours = 3.5 euro per hour Drivers earn closer to <1 euro per delivery, so that’s 4 deliveries per hour 4 deliveries for 16 hours for 30 days non-stop is an impossible number to average.
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  2. My favorite comedic moment in the state run government: Back in 2017, the government crackdowned on HNA Group because their debt levels were getting too high: on the books for $100B (a wild ownership structure though). In 2018, they crackdowned on Anbang Insurance which had assets listed at $300B (who knows) and debt levels likely the same. But, at the same time they let Evergrande and Country Garden keep accumulating more debt until they got to the same $200-300B range. And, we all know how that worked out.
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  3.  @xiaodansheng1239  lol, yeah dude. If you there is no traffic and every delivery is 15 minutes away. This isn't fantasy land. For a few hours yes. But this is an average. It has to be like that in perpetuity non-stop. Edit: haha, even I didn't think it through. Every delivery needs to be 7.5 mins away from shop to delivery location to shop again. Drivers can't teleport back. Also, they can't have any waiting time at the shops.
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  4. It's the middle income trap. Nearly impossible to escape it for large populations. And, especially if your economy is based on manufacturing exports. Korea, Taiwan and Singapore managed to move past it. Some of the Gulf states, but that's more oil driven. I have some amateur non-market driven ideas, but I'm no economist.
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  5. How would you know? That's a pretty unbelievable statement to make.
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  6.  @hankhill6707  lol, math is hard. So, now it's 150 euros EXCEPT the housing market has collapsed since 2020. Government budgets are getting slashed and bonds are under 2%.
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  7. lol, anyone that groups EU and the US knows little about economics.
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  8. Premier Li Keqiang said this week that China has 600 million people with a monthly income of 1,000 yuan (US$140), stoking ongoing debate about China’s wealth.
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  9. What data is incorrect?
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  10. Wumao are all over this video. Let’s meet at PF Changs for drinks!
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  11.  @GoodCitizen-gm1tl  lol, Li Keqiang was the premier of China for 8 years and in high level political positions from 1993-2022. He had a law degree from Peking university and received his a Masters and Doctorate in....wait for it...Economics. What about you sport? What are your qualifications?
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  12.  @GoodCitizen-gm1tl  Xi sent him to the afterworld. Ask him when you get there. It ain't my data, sport.
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  13. If anyone has a doubt about the Chinese economy, just look at their bonds. These aren't foreigners buying the debt. They are Chinese banks, Chinese insurance companies and Chinese investors. The 10yr is 1.7%. The 2yr is about to break 1%. The funny part is when they stopped reporting the Youth unemployment rate for 6 months and then it magically dropped by 5% when they started reporting it again.
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  14. Chinese people are so weak and get offended way too easily. I’m ethically Korean and can’t pronounce certain Korean sounds properly.
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  15. lol, another wumao. Did you look at there other videos?
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