Comments by "Doncarlo" (@doujinflip) on "Bloomberg Television" channel.

  1. Problem is China wants to double down on youth-dependent manufacturing, as opposed to a more politically-risky economy driven by consumers and services where customer complaints must to be addressed rather than silenced.
    12
  2. Although those are more localized problems, and not all are necessarily affected. Airports on the other hand involve millions of people trapped in another faraway community or even country, if not literally up in the air burning fuel flying circles waiting for a landing spot because someone else is stuck at their gate.
    9
  3. He's the editor for Bloomberg's Taiwan office. If anything he's compiled more Taiwanese thoughts from among his staff and their contacts.
    5
  4. Just wait til they digitize all the paperwork for the goods and services intrinsically associated with that payment! Oh wait
    5
  5. You're assuming 1.4 is even correct. It's all but conformed this figure is inflated just like their economic ones.
    4
  6. Because countries around China are concerned about Chinese encroachment. America would still be focused on the Middle East or somewhere else if China didn't threaten physical intrusion to the seas and resources of its neighbors.
    4
  7. More resilience by reinforcing their inefficient SOEs and budget-consuming public sector with money they don't have?
    3
  8. Also a rise in education that's lengthening childhoods. Teen pregnancies often make up a significant share of population growth.
    3
  9. He's the editor for Bloomberg's Taiwan office. If anything he's compiled more Taiwanese thoughts from among his staff and their contacts.
    3
  10. Now go there yourself and assess without WeChat filtering (both technical and psychological) getting in the way. Make sure to pay attention to the activity in the shops and on the streets between destinations.
    3
  11.  @gur262  Now try going to a supermarket or hospital far from home, especially where you're not fluent in the language and don't have much local cash.
    3
  12. Especially true with China, whose economic development and “efficiency” stalls as soon as Western knowledge and funds stops coming in.
    2
  13. Contributes, but isn't the root cause. The famously female-friendly Scandinavian countries likewise see a shrinking native population.
    2
  14. ​ @Kid-520 It "can" only because the state can silence its lenders. Eventually that will come back to bite them when the ones they can control are tapped out.
    2
  15. There’s already a directive in the State Department to deny student visas sponsored by Harvard.
    2
  16. Just got off work. Didn't even notice until I tried to get gas on the way home.
    2
  17. Ironically farming is quite high tech itself these days. Farm tractors are among the largest inspiration for hacks because of how computerized they've gotten, and how their owners don't want to pay through the nose for routine services and simple modifications that older machines readily took.
    2
  18. "4.7%" is their target, not their achievement. A lot of creative accounting if not straight lying goes into hitting that number. It's well known among serious analysts that the PRC GDP is grossly inflated, since every other economic indicator shows a far less impressive picture.
    2
  19. American makes really need to get past their strategy of premium offerings with disposable quality, and make cheaper cars that actually stay out of the garage.
    2
  20. Ballots should always be paper, readable by both humans and machines. California uses a good model where they're all a "fill the bubble" type.
    2
  21. It may not be collapsing now, but it's certainly stalling. That threatens the "stability" of confidence for the CPC in the eyes of its people, since its political legitimacy rides on providing tangible development indefinitely.
    2
  22. Too many Area Boys in between the producer and the consumer.
    2
  23. Hence why hybrids are the fastest selling car nowadays. Pure EVs will struggle to sell until at least the charging infrastructure becomes more reliable and ubiquitous.
    2
  24. Subsidize industries, get tariffed. Especially when you’re obviously developing a war economy and calling everyone who doesn’t bend over as your enemy, while assuming none of them understands Simplified Script and Mandarin Chinese.
    2
  25. Too many right-wingers would rather listen to the opinions of an "authentic" demagogue selling some "alternative" to stroke their ego and comfort their anxiety as they see their worldview dismantled by advances in technology and democratized public discourse. Unfortunately hope does not overcome biology, which made socially conservative states statistically more deadly despite having a lower density of people to catch COVID from... which of course they'd dismiss because survivor's bias and deliberate ignorance.
    2
  26. Although Americans can vote with their wallets, which does influence financial firms. Chinese can't substantially vote for any alternatives to their government leadership.
    2
  27. College is the gateway for the world’s smartest foreigners to become American taxpayers. Most of the international students I went to college with are US permanent residents today.
    2
  28. My Crowdstrike-less Microsoft systems at home and at work perform just fine. I didn't even notice this outage until I tried to get gas on the way home and the station told me they have to go cash only at the moment.
    1
  29. “But it’s fear and confusion of my ‘enemies’” — MAGA voters
    1
  30. It's left-vs-right "lateral violence" being used to distract from the true grievances coming from top-vs-bottom "class conflict".
    1
  31. The US is in a rough patch, but a mild one compared to ones America has lived through before. The downturn in China is even more severe and they have no experience negotiating it, especially as changing leadership to change momentum like any troubled organization or government would do is unthinkable for the ruling Party.
    1
  32.  @AraAra-n6o  Have you seen what happened during the Civil Rights Movement? There were a lot of high profile killings while some radicals openly called for even more identity-based segregation and violence. Before then was the even more bloody Labor Rights Movement, and before that the even more bloody Civil War. This current "woke" vs MAGA culture war is tame by comparison, and the traditionalists are struggling to form a coherent justification to "conserve" their narrow outmoded worldview. Plus gun laws are not as permissive as in the past anymore. Changes of leadership is a good thing, because often fresh eyes on a fresh face is often what's needed to change momentum. Organizations of all sorts do this regularly when their performance is stalling or reputation becomes troubled. China doesn't have that outlet, so their changes of polity inevitably involve mass violence upon each other. America has a lot of issues, but they're habitually overdramatized and in the process gets partially resolved from the public attention. China tries to do the opposite, hiding their issues until it's far too late which results in even more traumatizing overreaction. While America practices resilience by constantly negotiating through chaos, the state and civil society of China is like china -- hard and impressive looking until it takes a decent shock. I just moved out of Běijīng last year. There was noticeably more activity in the shops and airports and train stations during Zero COVID than after the post-pandemic spring surge, the opposite of what the rest of the world experienced. This can only be explained by a deep downturn from lack of payable demand.
    1
  33. Inflation is self-correcting, because it compels spending some of which becomes capital investment and improved productivity. Every economist agrees this condition is better than the downward spiral of deflation where tanking demand tanks the job market, like what China is facing.
    1
  34. Not helped by China's lack of elder welfare, which America had instituted during the Great Depression through Social Security and significantly delayed the onset of its native-born decline.
    1
  35. Xi is an autocratic ideologue, and what's beneficial to the real economy is too discomforting to his worldview.
    1
  36. The Western Hemisphere runs on immigrants, most countries even granting citizenship upon birth there. The New World will be alright.
    1
  37. Post-CKS Táiwān is the "China" we wished China became. Even Mainlanders who visited the island tend to think so.
    1
  38. Sure it's not cashing out to prop up the CNY, keeping the exchange rate from tanking and causing panic among all the Chinese people whose wealth is already disappearing in bad mortgages and randomly locked bank accounts?
    1
  39. "Just works" part has an asterisk though. So much time spent finding fixes and installing updates for my specific setup.
    1
  40. The US has been "on the brink of collapse" since the War of 1812. Each crisis brings us closer to that ideal of "liberty and justice for all". Remember that walking upright is involves each step forward catching yourself while literally falling. It's not the same as a more "stable" four-legged gait.
    1
  41. More like not paid as well for the hours worked, even with all the government subsidies.
    1
  42. Unstable exchange rates are the result of the government who administers the money supply.
    1
  43. More like they're blaming "Sleepy Joe" since he's in charge right now and Trump must never be shown wrong.
    1
  44.  @jeffspicolli593 Yet collective bargaining and labor protection laws were instituted because compromise was necessary to stem the rising appeal of Communism in America against an abusive robber-baron class about this time a century ago.
    1
  45. Family size is also dropping in religious countries, just not as dramatically yet. But notice how your peers might only have 3~4 kids while your parents had like 7~8 siblings.
    1
  46.  @StanleyJohnson-b4v Sadly Americans alone aren’t the best minds, which is what academia ultimately seeks. Like the US would not have developed nuclear power and warheads without all the foreign geniuses we brought into those projects.
    1
  47. Well female employment and delay of motherhood definitely suppresses the ultimate average family size.
    1
  48. ​ @boxtears "5.5%" only through creative accounting, lying, and malinvestment compounded with all the previous years of the same. Remember the GDP number reported by Běijīng is their planned target, not their measured achievement.
    1
  49. Too well perhaps. Now China is facing a deflationary downward spiral because not enough people want to buy Made in China, an imbalance which will only accelerate as Běijīng pushes for even more production.
    1
  50. DEI staff conspired with another company Crowdstrike to publish a bad patch?
    1
  51. Largest foreigner-hostile ethnostate dependent on native birth rates to sustain their population, while also being the global center of manufacturing which needs a large working-age labor pool.
    1
  52. Boomer capture of politics -- and the supports and entitlements they demand at the budgetary costs away from the youth -- truly drive the downward doom loop in a society's population.
    1
  53. It's not written, but it is a case of economies going hotter than they could sustain past a couple generations and subsequently burning themselves out.
    1
  54. Only newer facilities, and only recently. Remember there’s also Party pressure to ensure entry-level employment was always available.
    1
  55. Right, teenage and unplanned pregnancies often comprise a huge share of a population. Ironically empowering single women discomforts them from the thought of having offspring at all.
    1
  56. State funding to public universities keeps shrinking — in line with the Boomer-dominated politics who demanded their middle-age supports (i.e. tax breaks for owning houses and businesses) and now elder entitlements — and exporting American education through international student enrollment as well as athletic programs became the go-to way of salvaging the school’s budget. Although schools aren’t fault-free either, spending more of the tuition they’re getting on administrative staffing and flashy facilities as a way to inflate their prestige.
    1
  57. The American way is business owners screwing its workers at every opportunity, so workers resist wage-cutting improvements at every opportunity.
    1
  58. Overcapacity means beyond demand saturation. US arms production has the opposite problem, not building fast enough for how much global markets want it.
    1
  59. Cash is an even bigger liability for theft and loss, and businesses have to handle way more of it than any individual ever would. That's why they overwhelmingly converge on digital payments as soon as practical.
    1
  60. That's easy to say now that Hawaii is no longer the target of an expanding and increasingly aggressive Japanese Empire at the time of its annexation by America.
    1