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

  1. China's problem is, they have a capitalist agricultural sector -- in order to destroy the rural economy and force the young into the advanced capitalist economy of the cities. Eventually the agricultural sector will be reduced to a 5~8% nub of the population -- but this small sector willl hold the balancing hand on a large array of political questions -- so the government will institute Western-style socialism, at least for farmers.
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  2. Note that Elon Musk's "richest man in the world" title is based very largely on Tesla automobile stock -- and the stock-market price of that stock is at the moment at a far higher multiple of earnings, or any other basic accounting value, than any other automobile company in the advanced world. If Elon knows what "reversion to the mean" means, he must be, uh, jumpy. "Jumpy," yes, that's the word I was looking for. 😅🤣😂 🤔🤨
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