Comments by "Piccalilli Pit" (@piccalillipit9211) on "Bloomberg Originals" channel.

  1. LVMH employs 85,000 crafts people on an average salary of €75k - should they be unemployed and we all wear sh!t...???
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  2. Hopefully, when the EU breaks away from Am3ric4 in the next few years you can see that the EU is not "the west" and your opinion of the west is largely Am3ric4. I left the UK for Bulgaria because it was becoming too Am3ric4nised. I hope the EU and China can have much stronger ties in the future and we can appreciate watching other cultures and the cultural heritage. We can buy your luxury goods and you can buy ours. BTW - I was delighted to see Hanfu dress becoming more popular among the young in China, I'm a tailor of bespoke men's historical English suits and I am absolutely delighted that people are taking pride in their own dress.
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  3. any chance you could do a follow-up on how the open source community have taken the DeepSeek model and already built upon it / improved it. They have the 760Bp model down to 128Gb, you can have it on a dongle in your pocket and have replicated the "Ahha" moment for $30. I think this is the bigger story - if you make widgets you can have your own custom AI exclusive to your widget factory on your desk top computer, stand-alone. If you are a village in Africa you can have a medical distillation running on a PC in the village hall with NO fees to Open Ai and NO Starlink fee The history of AI will be divided into BDS and ADC - before DeepSeek and after DeepSeek, but its NOT DeepSeek itself thats important, if the boundary moment between tech billionaires owning it for their personal profit and humanity owning it like they do the the WWW.
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  4. They are taught philosophy at school from a very young age
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  5.  @mariad.b.6344  Post, post WW2 austerity generation. You had WW2 and following that [in most of the world] you had 20 years of austerity, real shortages of everything, rationing in the UK for another 11 years [?]. But living frugally was by then just a way of life for the WW2 generation and the Boomers. Gen X in the 80's and 90's were starting to feel mote like consuming, credit was becoming available but they had parents who remembered austerity. I'm 54, my grandmother used to make us take the wrapping paper of presents carefully so she could trim the tape off and re-use it next year...!!! These people knew real hardship. Then you had the switch to ultra-cheap goods from China just as the younger Gen X and Millenials grew up and they started consuming like crazy - Millenials could not afford houses so they bought **** instead Now you have Gen Z saying "this is a bit gross actually" and turning away from hyper consumption. In China they wanted to follow the west as the model for prosperity - but being better educated and having the failure of the west to look at - they are stopping quicker than we did.
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  6. AS A BRITISH PERSON id like to welcome Am3ric4 to the club for collapsing empires This is IDENTICAL to our motorbike and car industries in the 1970 and I know 1005 for sure your answer will be MASSIVE tariffs to protect your industries - does not work
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  7.  @witness1013  YEAH why is he not covering the Huaweii Stelios 9...??? THATS the real question here...!!!
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  8. AN UPDATE ON THIS ASML has told the US Govt to stop pressurising it - the US is 6% of its market - China is 55%. ASML IS moving to France a country much less beholden to the US If the US does NOT stop ASML will simply move to China and stop supplying Am3ric4
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  9.  @iamhardwell2844  You don't understand luxury.
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  10. PROFIT
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  11. You are right to be disillusioned with the West - 50% of the west is disillusioned with the west. Hopefully, when the EU breaks away from Am3ric4 in the next few years you can see that the EU is not "the west" and your opinion of the west is largely Am3ric4. I left the UK for Bulgaria because it was becoming too Am3ric4nised. I hope the EU and China can have much stronger ties in the future and we can appreciate watching other cultures and the cultural heritage. We can buy your luxury goods and you can buy ours. BTW - I was delighted to see Hanfu dress becoming more popular among the young in China, I'm a tailor of bespoke men's historical English suits and I am absolutely delighted that people are taking pride in their own dress.
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  12. AH - the US is demonising them - the US does not make the luxury goods...!!!
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  13.  @neykodimov2786  A basic hand saw will cut slate.
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  14. Boeing is the first company in Am3ric4 to undergo the transition from capitalism to socialism predicted by Karl Marx. No matter how much money the UK govt throws at it - it is so corrupted and rotten it still cant make planes that dont fall out of the sky. The money just gets funneled to shareholders and the planed go POP. But the US NEEDS PLANES it can not have planes - so it HAS to nationalise the company just to get planes. And EVERY company in the US will go this way - the water companies in the UK are the same - paying massive bonuses and putting up costs whilst they pump s-h-!-t into the rivers and people get sick from the water. The hyper financialisation and total corruption of monopolies is the final stage of capitalist collapse - they cant even DO the thing they are supposed to do
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  15. networking (self advancement)
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  16.  @xx133  well there is a massive contradiction in your comment. " I’ve seen the same excuse used for defense contractors, fossil fuels, etc. " IE lots of highly paid highly skilled jobs ", especially when virtually zero craftsmanship, artistry is involved. " IE no highly paid highly skilled job
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  17. Karl Marx predicted this would be the result of capitalism back in 1867. Its just the logical outgrowth of chasing profit. You end up with 2 people working 4 jobs to afford a house where they cant afford kids, living off industrialised food and all the skills transferred to the cheapest country on the planet. Its why he said capitalism was a revolutionary force.
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  18.  @billwendell6886  the average IQ in Am3ri4 at 98 V China at 104.8 would tend to disagree with you.
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  19.  @badbad-cat  NO it was always bad, but the propaganda was able to hide the horrors - up to a point. It can no longer do that.
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  20.  @jkselama9715  Isnt that the place they are having to import people from Taiwan cos they cant find people??? this is a genuine question not sarcasm
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  21. WOW - LOT OF BITCHEY COMMENTS
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  22.  @Kevin-cm5kc  Its most likely the YT algo
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  23.  @witness1013  Because its Bloomberg, they have editorial process and standards which takes time.
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  24.  @bd8594  This is not true - or it should not be true. LVMH have damaged the luxury goods industry by trading off brand names. True luxury goods are hand made by very skilled artisans from the finest materials and that costs a LOT of money and employs a LOT of people - LVMH employ 85,000 artisans. A bad by Hermes [and I cant stand Hermes BTW] should last you 50 years of every day use
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  25. Yeah as a Brit I am very familiar with this feeling...
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