Comments by "Bob" (@bobs_toys) on "CaspianReport" channel.

@kyle18934 It provides a good source of light as well. Any soldiers who are afraid of the dark had a comforting glow coming from their trench walls.
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@kyle18934 then in the future, Russians will know who the children of Heroes are. "Josef eleven fingers father's a true hero"
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The better question is why did someone bother to pay you?
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LOL They've been trying to switch to consumer based growth since 2006. That it's still being brought up as a game changer tells us how successful they've been.
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@DccAnh the PPP multiplier is 2x. Source is world bank and IMF. 6k USD spending power is still nothing. Although the official median income is 4k, so 8k spending power. Which means half of the people have a spending power of less than two thirds of the US poverty line.
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@灯星-g8e In 2014, about 30 percent of newborns were second or third children. The crude birth rate was 13.83 per thousand (we can't exactly use births per woman, now, can we?). Last year, a bit over 50 percent of newborns were second or third children, and there were 6.77 births per thousand (official data). So in less than a decade, the number of births has dropped to less than half of what it was, and the number of people deciding they can become parents has collapsed by two-thirds. In less than a decade. And the decline continues. Last year alone, to maintain the 2:1 worker-to-dependent ratio (down from 3:1 in 2011), the PRC needed an additional 30 million workers. And the next decade is looking even worse. This is coupled with a median income of about $4,250 USD. The purchasing power parity (PPP) multiplier is about 2x. So the median Chinese citizen has a spending power equivalent to about $8.5k — still well below the U.S. poverty line, even after adjusting for local prices. And yes, I know things are cheaper. That's exactly why I used the PPP modifier — to take that into account. That's why 5 percent GDP growth simply isn't good enough. They lost the race to grow rich before they grew old. If you invested $1,000 into the CSI 300 back in mid-2009, you'd have about $1.2k now. If you had instead put it into the S&P 500, you’d have about $6.3k. If you invested five years ago, you'd have about $950 today in the CSI 300. Versus about $2k in the S&P 500. And over the past year, the CSI 300 is up about 7.75%. The S&P 500? Up about 11% — even after the losses from the latest tariff war and with two rounds of stimulus being pumped out by the CCP.
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Except they can't, really. Except as a proportion of income. The median American saving 9 percent of its income is saving the entirety of a median Chinese person's income.
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 @Chetulertusurunu the PPP modifier is about 2x. But as these are savings, they're going to be used in a future that demands more imports. So nominal is important.
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 @ZakiHaider-y9o you should learn what words mean.
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It sounds like one of the pro China posters here can give explicit details(that involved watching the video) on where he's wrong.
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Sounds like we need a system that will regularly ask people what kind of government they want, that contains mechanisms for a peaceful and orderly transfer of power when the people want a change from their current government. Mechanisms for ensuring that future possible governments won't be murdered by the current govt would also help keep this system that gives the people the type of govt they want going. But that's just lunacy.
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And I'm sure it would have no effect on the morale of people remembering that they'll be old one day.
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The PPP multiplier to spending power is 2x. So many talk as of it's 10x, but no. A dollar's worth of RMB goes twice as far as it does in the US on average. The median income is 4k nominal. 8k PPP. So half of people are on or below two thirds of the spending power of someone who's on the American Federal poverty line.
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@ZakiHaider-y9o "The median of the nationwide per capita disposable income was 34,707 yuan” stats gov cn That's the official data, so the reality is that or less. I'd ask your source for 23k per year as a median, but it's a simple lie, so I won't bother.
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@ZakiHaider-y9o from the same source "Grouped by income quintile, the per capita disposable income of low-income group reached 9,542 yuan, the lower-middle-income group 21,608 yuan, the middle-income group 33,925 yuan, the upper-middle-income group 53,359 yuan and the high-income group 98,809 yuan." Even the high income is poor.
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@ZakiHaider-y9o "We will continue to expand domestic demand, especially consumption" Source: "Premier Wen Jiabao's Press Conference" jm china-embassy gov cn 2007-03-17
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 @pulonghoho LOL. What next generation? The children are disappearing at a rate that's unprecedented in a country as poor as China.
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It's more what they should have done rather than what they would do. It went on the assumption that Putin wasn't a delusional moron
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Did they? Getting it is only step 1. Next they've got to hold it.
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@JULIAN11. And they don't need to be trained or equipped to Russian standards. They just need to be able to do something damaging and to exist. Basic partisan stuff to make the occupation as expensive as possible.
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As someone who's been going to China for over twenty years now, I'd advise against encouraging people to actually get to know it. The more you know, the worse it looks.
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@josephnduaguibe they don't have a long time. Thanks to the one child policy. And they've been trying to turn China into a consuming country since 2006. The reason they're going slow here is the same reason they're going slow on increasing birthrates (which I was being confidently told in 2018 the govt would fix soon) Because they can't make people do it. The people just don't have the confidence to spend or have children.
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The official stats are disastrous enough. Especially knowing that they're the best case scenario. No need to make up random other population figures. Just use the official ones to paint the story of how bad things are.
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 @天策 see my reply.
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 @天策 that's already been convered. I'm also going to laugh at anyone who thinks 3k usd makes you rich.
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@Mirabella Hollundria I'd just taken a sip of my drink when he got to that bit. A few seconds of choking later...
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No country has had a collapse in birthrates like China has at its level of development. At any level of development, the only one that matches it is South Korea.
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@deexero those will go to the wealthy first. They're things that are in global demand, whether it's the robots, or people who are really good at working with and developing LLMs. China is a poor country.
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 @Loppoz56 a fraction of a percent Not being rounded up and shipped away from the cities helps.
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 @Loppoz56 and yet, tens of thousands of Chinese each year risk their lives to cross into the US by the southern border.
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