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Kenz300 x
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Comments by "Kenz300 x" (@KJSvitko) on "The Wall Street Journal" channel.
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Roof top solar panels combined with battery storage will help make businesses more independent from the power grid. Every home and business should ramp up installation of roof top solar energy. There is a Climate Crisis. We must stop adding more fossil fuels to the Climate fire.
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China is a risky place to do business. Apple has been "talking" about diversifying their production for years. Foreign companies and foreign investors and bond holders are finally waking up to the risks of production in China. They are moving production to India, Viet Nam or back to their home countries.
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China's economy will further decline in 2024. There will be stock loses. Bond loses, more property developer bankruptcies, more retail store closings, more bank bankruptcies, more local governments going broke and more unemployment. China has not hit the bottom yet. More pain to come. Only a huge national government bailout can slow the decline and the damage.
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Lie, cheat and steal are all too common today. China allows too much corruption. Theft of intellectual property is common. Spammers, scammers and phishing accounts are common and not prosecuted. Disinformation is a common tool to divide people and rally supporters. You can not trust any numbers produced by companies or the government from China. Society can not function if no one can be trusted to tell the truth.
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@carholic-sz3qv China is adding a lot of wind and solar but to address climate change it must stop adding and using coal fired power plants. The only way to do this is to ramp up investments in wind and solar energy and expand adoption by homes, businesses and utilities.
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China's economy is much worse than people are reporting. Unemployment is rising. 16 -24 year old unemployment is over 30% Unemployed people are not huge consumers. They do not buy homes. They do not get married or have children. Individuals, foreign corporations and investors are fleeing cities and the country. Numbers reported by the government can not be trusted. Steel production collapse is a good example of the huge decline in the economy. The property developers collapse is starting to ripple thru all its suppliers. Steel is the most visible. More to come. The house of cards built on debt is not sustainable. The Ponzi scheme has been exposed. China's real estate industry is bankrupt. This will impact the rest of the economy and then the rest of the world. There is no 5% GDP. It is a made up number. GDP is 0%. China will export deflation to the rest of the world in 2024.
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China needs to go all in with building new wind and solar energy power combined with battery storage. Wind and solar are safer, cleaner and cheaper than fossil fuels. There is a Climate Crisis. We need Climate Action Now. China can ramp up wind and solar energy and not worry about importing fuels supplies.
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@haibingqiao422 That's great but it still must install more solar and wind in order to stop relying on coal power plants. WE will all be impacted by the Climate Crisis.
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Population needs to be in balance with jobs, resources, nature and the environment. The virus is nature fighting back. Humans are crowding out all other species of plants and animals. Men need to be more responsible for their children or get a vasectomy. More people demand more resources. Endless population growth is not sustainable on a finite planet.
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Climate Change and rising sea levels will make coastal properties and low lying areas impossible to sell or insure. Banks and insurance companies will not want to take the risk in the future. People will not be able to sell coastal properties if no one can get a loan or insurance. Migration will move people away from coastal and low lying areas. Covid deniers and climate change deniers are the same. Both do not believe in science and experts. People are selfish and don't want to be bothered with restrictions. The cost to the economy and individuals will be huge.We need Climate Action NOW.
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Climate Change is making weather events more extreme. We must stop adding more fossil fuels to the climate fire. India, China, Japan, US, Canada and Australia need to do more to reduce use of fossil fuels. They must stop building and financing more coal fossil fuels power plants. Time to go all in on wind and solar energy and electric vehicles. Fossil fuels are a bad investment for people and the planet. Investors are divesting from fossil fuels. ESG investing is growing.
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China has ignored the Climate Crisis and environmental protection for too long. Weather events are getting more extreme because of Climate Change. How hot does it have to get before governments and corporations wake up and stop adding more fossil fuels to the climate fire. There is a Climate Crisis. We need Climate Action NOW ! Floods, droughts and extreme temperatures caused by burning fossil fuels will get worse over time. Adding more coal power plants will make the Climate Crisis even worse. Adding new wind and solar energy production is where new infrastructure spending should be done.
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The GOPQ cult has sold their souls to the devil. Covid is real. Wear a mask. Get vaccinated. Don't believe the GOP lies.They will lie, cheat, steal or make up any conspiracy theory to hurt their opponents and the country. They are all in it for the money. Gullible people believe the lies and send them money. What a bunch of scammers People are dying and all they think about is political advantage.
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India has too many people and too few resources. This is very tragic. Population needs to be in balance with jobs, resources, nature and the environment. The virus is nature fighting back. Humans are crowding out all other species of plants and animals. Men need to be more responsible for their children or get a vasectomy. More people demand more resources. Endless population growth is not sustainable on a finite planet. Irresponsible people are not wearing their masks properly and are not keeping social distance. Avoid large gatherings. Wear a mask and cover your nose, keep social distance.
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Xi has killed the "Golden Goose" He has moved the country away from a market economy and back to a planned economy with government owned businesses. Unemployment is rising. Property developers are bankrupt. Banks are running out of money. Local governments are broke. The lockdowns caused many small and medium businesses to go bankrupt. Empty shipping containers are pilling up at the ports. Foreign companies and foreign investors have left for friendlier countries. The risks in China are too high.
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The Climate Crisis will impact everyone. You will not be able to hide from it. Farmers, ranchers and people living in cities will all be impacted. Droughts, fires and extreme weather events will impact everyone. Individuals, politicians and corporations all need to do more to protect the planet from climate change. Governments need to do more to reduce fossil fuels use.
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China's economy is in slow decline. The virus lock downs sped it up. Throwing more money at building empty buildings will not fix it. Lower GDP, higher unemployment, property developer bankruptcies, small and medium businesses going broke, local governments running out of cash, local banks running out of cash and individual personal despair of the population will lead to lower consumer spending. This will end up impacting the world economy and the US. China will try to spend its way out of its decline with government stimulus and that will reduce prices of goods produced in China and shipped around the world. Inflation will decline. China is the worlds second largest economy. A slow down in China will slow demand for energy. Steel production has declined and companies are going bankrupt because of the property developers stopped projects all over the country. The property developers collapse will ripple thru out the economy. Lock downs made it worse. Individuals, corporations, bond holders and investors are leaving China. The ruffled feathers about Taiwan are meant to stir up people and have them rally around the CPP and China. They need to distract people from all the economic problems in China.
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Tesla is leading the way to a sustainable future.
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Population needs to be in balance with jobs, resources, nature and the environment. Having a bigger population in any country than the country can support makes no sense. Access to food, water, shelter, energy and jobs should guide population levels. The worlds population is still expected to add another billion people to feed, clothe and produce pollution. Humans are crowding out all other species of plants and animals. Education and birth control are key to reducing poverty and hunger. Having a child that you can not provide for yourself is cruel and irresponsible. We need solutions not just sympathy. Endless population growth is not sustainable on a finite planet. Every country needs to "TRY" to be more self sufficient. When there are not enough resources to sustain a population something has to give. Countries need to focus on quality of life for their citizens and not just quantity of life for cheap labor. Why import fossil fuels when wind and solar energy can be produced locally and solar energy can power electric vehicles. We need solutions not just sympathy.
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Elon Musk is a genius.
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