Comments by "thomas grabkowski" (@thomasgrabkowski8283) on "Asianometry" channel.

  1. Vast majority of deaths are among retirees who aren't in workforce
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  2.  @capmidnite  Especially with rise of big tech over period
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  3. Like it depends like China is similar size as US in area and they have high speed lines that run one end of the country to another, like from Vietnam/Laos border or South China sea to Russian border or from east coast to Kazakhstan border, with some services that actually cover entire length, and take more than entire day. Most people definitely don’t take full length though
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  4.  @guitarazn90210  And also how much lower the wages were during their prime working years
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  5.  @omjagdeesh8731  Example in the US so many corporations have rose and fallen over the decades
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  6. It's due to corporation seeking places to cut costs and they decided to move from developed to developing nations to do so
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  7. Yes
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  8. Largely because people mostly aren’t interested in taking slow Amtrak trains
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  9. Often due to social issues. Elderly tend to be socially conservative
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  10. When they’re working age, wages were much lower and now cost of living is much higher compared to when they worked
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  11. Actually all developed nations lost significant share of manufacturing jobs as corporations sought cheap labor in the developing world. Some, such as Germany did lose a smaller proportion of manufacturing jobs compared to other developed countries though
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  12. And of course in South Korea, the chaebol bosses have huge political influence and they don’t want any of their wealth taken away
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  13.  @ChairmanMo  Mountains, which are unable to be built on due to steep terrain take up most of Hong Kong's land unlike Singapore which is very flat
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  14. Pretty much like the economy of the entire developed world
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  15. Europe prioritises passenger over freight while US prioritises freight over passenger
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  16.  @rosshoyt2030 Depends on what kind of train. 200mph train, lots of demand. 70mph train, not much demand in a country where most can afford cars as well as plane tickets
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  17. However, unlike Japan and South Korea, the US has immigration to stem their aging problem. Same cannot be said for Japan and South Korea
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  18. Electrification very expensive when going through long stretches of being in the middle of nowhere, plus they require lots of maintenance and is vulnerable to storms. Like imagine having electrified railways in tornado alley and a tornado outbreak destroys the wires for entire swaths of the country. Trains wouldn’t be able operate in that region at all, which lies between the east coast and the western US for days or weeks
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  19.  @Cotswolds1913  Anglo countries have healthier demographics than other developed countries due to the fact they do have higher birth rates than non-Anglo developed countries and more importantly their huge immigration rates, due to strong economy of the Anglo world, relatively liberal immigration laws and the popularity of English language worldwide, as a second language. So much so that the major Anglo cities are all known to be global melting pots
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  20.  @Cotswolds1913  Yes like Hong Kong’s population is expected to start shrinking soon. Extremely low birth rate, very old population, more emigration than immigration
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  21. And if they do get good college education, they have to pay back student loan debt. Thus home ownership rates remain low among millennials and there's now huge age gap in terms of home ownership rates in which median age of people who purchase homes continues to steadily tick up
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  22.  @bobmorane4926  Yes it's just this cycle that exists of manufacturing moves to a country, country gets wealthier, costs rise and then manufacturing moves into poorer countries to lower their costs while the country that is now wealthier moves into services and so on
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  23. Corporations always seek to maximize profits including cutting costs. As countries get wealthier, costs from land to labor rises, corporations then move to poorer countries where those costs are cheaper for manufacturing. Those wealthier countries then move to services. It's that cycle of development(pre-industrial(agriculture based), industrial(manufacturing based), post-industrial(service based)). Cities like London and New York used to have huge manufacturing sector. Now factories have largely moved to countries like China and those cities focus on service sector
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  24.  @ChairmanMo  Also the fact that Hong Kong is very mountainous unlike Singapore which is very flat. The mountains mean that their isn't much flat land to build on in Hong Kong
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  25. Muslim countries ban alcohol for religious reasons actually, due to alcohol being banned under Quran
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  26. It's already happening in Korea, Singapore and Taiwan as factories are already leaving those countries for places with cheaper labor costs including China and southeast Asian countries like Indonesia, Thailand, Vietnam
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