Comments by "Kenz300 x" (@KJSvitko) on "Logically Answered" channel.

  1. Adapt, change or go bankrupt. Legacy auto dealers are a nightmare for legacy auto makers. They gouged customers trying to buy electric vehicles. Legacy auto dealers abused their customers by adding market price adjustments to gouge their customers for EVs They added pricey add ons and other costs to pump up the prices and their profits. Tesla has the right idea. Buy online. No hassle. No sitting in a show room for hours. No salesman BS. No crazy markups. No I have to see my manager BS. With Tesla you can buy a vehicle in 5 minutes or less online. The dealers have no one to blame but themselves. The dealers are dragging the legacy auto makers down with them. The problem with legacy auto makers having slow sales leads back to the legacy auto dealers. They try to talk people out of buying and EV and want to put them in a gasoline car.
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  2. China is uninvestable. There is no rule of law. There is no freedom of speech. There is no freedom of movement. Internet activity is monitored. Cameras monitor public spaces. No privacy. Numbers produced by companies or the government can not be trusted. New laws put everyone at risk for arrest for spying. The government manipulates all business and government statistics. State owned corporations are puppets of the government and its policies. Companies and the stock markets are not free and fair. Manipulation and misinformation are everywhere. There is no 5% growth this past year. That is a made up number. The is no growth. 0% The economy is contracting. China's media is all state propaganda and can not be believed or trusted to tell the truth. Businesses need to diversify their supply chains and reduce dependence on China.
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  3. 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. China will export deflation around the world. Their factories will keep running and exporting until they go bankrupt.
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  4. The future is electric. No noise, no emissions, less fuel costs and less maintenance cost. Legacy auto manufacturers are in trouble. They are too slow to adapt to the transition to electric vehicles. Adapt, change or go bankrupt. Nokia and Kodak were once leaders in their industries but were slow to adapt to new technology. Legacy auto dealers are a nightmare for legacy auto makers. They gouged customers trying to buy electric vehicles. Legacy auto dealers abused their customers by adding market price adjustments to gouge their customers for EVs They added pricey add ons and other costs to pump up the prices and their profits. Tesla has the right idea. Buy online. No hassle. No sitting in a show room for hours. No salesman BS. No crazy markups. No I have to see my manager BS. With Tesla you can buy a vehicle in 5 minutes or less online. The dealers have no one to blame but themselves. The dealers are dragging the legacy auto makers down with them. The problem with legacy auto makers having slow sales leads back to the legacy auto dealers. They try to talk people out of buying and EV an want to put them in a gasoline car. Many people hate going to legacy car dealerships. Many people call them stealer ships for a reason. New car, used car or going in for repairs you always walk out feeling cheated. People have no sympathy for dealers.
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  5. Xi has been in power for more than 10 years. His policies have caused the decline in the economy. His next 5 years will finish the job of destroying the economy. He is truly a dictator thrusting his people into poverty. He has made enemies of his own people, his neighboring countries and the world. China will continue its decline as long as he is in power. His ambitions and world views are hostile to others.
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