Comments by "" (@craigkdillon) on "VisualEconomik EN" channel.

  1. IMO, you frame China's real estate crisis all WRONG. You frame it using market language - collapse, boom, debt issues, etc. You frame it as being analogous to Japan's real estate crash. Wrong. The real problem is that China uses real estate speculation to fund its governments, especially local and provincial governments. Those governments are now NOT paying many of their workers. Transit workers, teachers, inspectors, and even police are not getting paid or having pay reduced. To make up for that local governments are now issuing fines, raising water rates and electricity rates. Essentially, local governments could cease to function, and even go completely bankrupt. The entire CCP structure could be in danger of collapsing. Japan's system was never in danger of collapsing altogether. They merely suffered financially. China is suffering systemic strains that will prevent solution. The rampant corruption will prevent the CCP of having an effective response. China IS collapsing. The CCP will NOT survive the decade.
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  2. A style REVOLUTION -- Amazing ! ! ! A black bow tie with a paisley(?) shirt. A new innovative combination. Forget the video topic --- It is your sartorial choices that will break the internet ! ! !
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  3. You forgot about the "Age of Discovery" when trans-continental trade moved from overland routes through Muslim countries, to maritime trade bypassing the land routes. In 1500, Constantinople was the richest city. In 1900, it was London, I believe.
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  4. There is no comparison of Tesla's recent sales crash to any other period or any other company because what Elon is doing to his company is unique. Elon Musk has tied his name to his company more firmly than anyone ever. More than Steve Jobs. More than Bill Gates, Even more than Henry Ford. And then he proceeds to make himself the most hated man in the world. The stupidity of Elon's actions is incomprehensibly stupid. The only thing more amazing the Tesla's birth and growth will be its decline and death.
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  5.  @drunkqi8019  I do use sarcasm a lot. Not this time. That is exactly how I see it and understand it. I could be wrong, since I am not there. If you see anything wrong in what I said, please correct me, and show me how I am wrong, and what I am missing. You are in China -- what do you see??
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  6. You forgot about war. When China decides on war against Taiwan --- then the entire coast of China becomes a war zone. Maritime insurance STOPS trade in war zones. No insurance means a ship will not go to any Chinese ports. Companies in China won't be able to export as long as the war goes on. Ukraine has shown how an intended short war could go on for a very long time. So, avoid that problem by not being in China.
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  7. You really have no idea how the US operates, do you? The decision to change against China was slow, but deep. It started with Obama, then Trump, and then Biden --- each pushing it further. How? Why? The decisions were NOT made by those men alone - in fact probably not even by them, per se. The decision was deep in our government. It was bipartisan. And, it will be long lasting. It is not whimsical (which it would be if it was Trump). You have to look at how the US handled the Cold War. That was a deep decision, that did not depend on party or president. US was steady and constant for 40 years. US gave China a chance to join the global community. China decided not to play by the rules. It threatened war against almost everyone. It's behavior was intolerable. So, like a mad dog, it has to be put down.
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