Comments by "John Smith" (@JohnSmith-op7ls) on "Patrick Boyle" channel.

@ They’re not catastrophic, even the worst nuke accidents killed basically nobody compared to the countless who have died from fossil fuel pollution. And there are multiple newer designs that literally can’t meltdown no matter what, like pebble bed reactors.
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@benjamindover4337 That’s not true. The focus is too often on the share price but that price is grounded to real world metrics, even if that grounding has been stretched thin in recent decades. Companies that don’t deliver pay the price after a bad quarter or to, and these tricks to prop up shares only buys you a few quarters at best. Eventually reality bites
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Yeah, not so much. There’s a reason it’s a dumpster fire despite lots of oil.
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Wins lottery, somehow becomes a Russian
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A Nigerian con artist? This is unprecedented. I’m shocked. Literally shaking right now. If a Nigerian can be deceptive, all humanity is lost.
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All Chinese cars are compete trash, even compared to the worst European cars. There’s no deal here, just cheap trash that costs you more in the long run than buying something well made
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Elon is the greatest conman in history
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AI is just badly overhyped replacements for humans!
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Even with cutting a few errands, that doesn’t let you work 16 hours a day, you still have to shower, eat, commute, shop, do the dozen things that aren’t onsite at work, plus nobody’s mentally productive 16 hours a day. The burnout makes you less productive, not more.
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@mandisaw Nonsense. You’re acting like every pension has the same payout. And pensions tend to underperform market averages due to diversification requirements and being conservative. Much better to have a higher 401k limit and let people invest in higher risk when younger and if they want, get more conservative later in life. Pensions are also inflexible, if they do allow a larger up front lump sum it usually comes at a severe and permanent penalty after that. Many pensions also penalize you if you want your benefits to transfer to a dependent. All these gotchas are just a con to get back less of your money. They want you to wait to get it because they know the odds are high you’ll die before you get a lot of it back. Some demographics on average won’t even see more than 20-30% ROI on average. Same with social security which is a big Ponzi scheme.
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It has no credibility
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Overhiring during Covid and staff cuts being the fastest rate to prop up the stock price, if they lie and say it’s due to “restructuring”, “improving efficiency” or “AI allowing productivity increases”. Intel isn’t an example reflective of most of these companies, Intel is having serious issues with their products and they know they’ll see a significant hit to revenue while having to invest a lot to try and catch up with AMD, plus seeing increased competition from Qualcomm. Twitter is also a bad example. The financing fees Elon incurred when buying it made the company bleed cash faster than ever. Many of these companies are doing fine, they know that slowed revenue growth will hit their stock as bad news is now apparently bad news. So lay off people but pretend they’re not layoffs.
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Good thing Germany didn’t set itself up as up a costly welfare state and import millions of economic leeches from the undeveloped world or they’d really be in trouble as their tax base erodes. Oh, wait.
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@Sonny_McMacsson They usually invest with the money of others and those others give them that money because they’re too rich and lazy to understand what’s going on
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Doug DeMuro? Didn’t he die years ago? Pretty sure he’s dead
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@somethinglikethat2176 The government shouldn’t be in for profit schemes or providing corporate welfare. Government should be fairly and competently regulating a level playing field, not joining the game. It’s a clear conflict of interest and a massive temptation for the corrupt
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This is irrelevant to basically everyone. Thought this channel was about helping people understand investing and economics to personally actionable ends, not commentating on clickbait topics.
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@panuwatbuthorntaraj2909 Nuclear fuel deposits exist pretty much everywhere, you just have to set up the mining and refining capacity. The US can supply more than enough for the world if it wanted to.
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The ones that are left have been Nerf’d and/or are poorly managed. You’re almost always better off with a good 401k match these days. Most pensions these days end up paying the same or less than SS if you joined them in the last 15-20 years.
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The most disgusting thing about all this are the mobs of greedy, self-entitled Gen X and more so Millennials who whine about how their Boomer partners are spending their retirement savings to actually live and enjoy their retirement, instead of sitting in a room all day, living off cat food so that they can give what they saved to their sociopath kids. Way too many, “That money is supposed to go to me” whiners out there. Imagine being that much of a POS
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@tchen8124 They’re popular in the sense that people like sharing and watching videos of them falling apart and hurrying into flames at unprecedented rates. And the countless thousands sitting in rural fields because they were only made to scam subsidies from Chinese tax payers, “sold” to fake owners then dumped a year later.
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@valkaielod The Dacia Spring isn’t a good car in any way. It’s just cheap and a lot was sacrificed to get the price to where it is.
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@valkaielod Bad build quality, terrible safety having scored only one star in EuroNCAP cash tests. It’s not even safe at low speeds. The resale will be non-existent. I don’t consider being safe at least at city speeds to be a luxury feature. I guess its very low power/speed could be considered a plus in a way, it’ll keep you from going at speeds that would turn the car into confetti. Just hope the person who hits you isn’t speeding.
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Uh, nah. It does increase the cost of living but PR has allowed decade after decade of very corrupt government to do whatever in exchange for handouts it couldn’t afford to give out and took out massive loans for. Welfare just doesn’t work. Just look at every Indian reservation for ample proof of that.
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@DeviousDumplin Leftists like to say stock buybacks are the reason workers aren’t paid more. They have zero evidence for it like for all their other claims.
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@dl6860 Unions have been a net negative. Some have been good at times but ultimately they’re just another layer of management, taking away your individual autonomy, forcing you to pay for their admin structure, and why does anyone need that. Collective bargaining is fine. But no reason you need a union for that. Nothing stoping employees from banding together to negotiate then moving on. It’s like paying for a standing army when you can get by with a temporary militia
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And the very loose zoning laws in places like Japan have lead to massively more efficient uses of land, more livable and healthy cities, and far fewer deaths due to vehicles. It’s almost like a handful of politicians and clock watching government employees can’t just sit down and hash out the ideal setup for every square inch of the country. Who would have guessed that centralized planning on this sort of scale just doesn’t work, aside from every pleb who has ever had to live under socialism.
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@Callitout-kl1uq That’s not how it works. Capitalism isn’t a failure because a society allows corruption to fester and under,I’ve everything. That can and does happen under every economic system. It’s like saying, “When do we know when having a legal system isn’t working.” The issue isn’t the existence of the system, it’s the way you’ve set the system up to operate. Capitalism is simply allowing private ownership of property, profits, and production. Saying a horribly run capitalist system means capitalism doesn’t work is like saying a bad restaurant means making food to sell to others is inherently bad and all restaurants must be bad. It makes no sense.
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Most of the EU is a welfare state too now. Free money for any foreign criminals who want to come commit crimes.
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@gbkiprofile Colonialism was a net loss for most European powers, including the Brits. The only real short term gain it got was using India as a massive supply source during WWII. The rest wasn’t worth it.
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@okwhatevev It’s literally not racism. Learn what words mean before you misuse them.
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@gbkiprofile In almost every case, countries that were colonized by the West have done better than neighbors who haven’t. Most of the exceptions to this involve countries which completely failed to learn from the West and preserve the infrastructure created by it, or countries that propped up socialist regimes or dictators. There are some rare examples where this doesn’t hold true, Thailand for example, although they greatly benefited from their neighbors being colonized so isn’t really a true example.
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@Ray-tx2ls The EU is a scam. A steady march towards a totalitarian super state. The EU has massively expanded and abused its supposed initial purpose. Now you have officials saying EU member states need to be ready to give up autonomy and fund a EU military. It’s insanity and has nothing to do with the initial excuse of simplifying and strengthening commerce.
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@vinniechan Elon scammed almost a billion in tax money for Solar City, did nothing with the stuff he bought with it, then scammed Tesla shareholders by having them buy out a bankrupt Solar City which had nothing but fake products.
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Environmentalism, which most confuse as just a concern for the environment, is just a managerialist (cultural Marxism mixed with crony capitalism) propaganda ideology; one of many. They use career activist grifters to push fake cusses to gather funds and social power to then gain political power and influence everything.
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@ The storage issue is not a big deal. It’s a solved problem. What always holds it back is NIMBYism and grifter activists working the fossil fuel industry. There are also ways to recycle the waste. It’s not cheap but how much are millions of lives lost prematurely to fossil fuel consumption worth. This is also why building nuke plants are overpriced. Insane over regulation and astro turf activism plus NIMBYism by ignorant people.
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@filippxx Because keeping people at work 16 hours a day doesn’t work.
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@SuperKillerdog Please, go on with your non-point
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