yusuke10

4 ms·

1.
by yusuke10 9y ago
Alot of the opposite is true. Alot of the Chinese old timers remember the brutality they suffered under Mao and are very upset at this current event. Many of them want to sell their factories and move the money to HK (and eventually out o
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by yusuke10 9y ago
FAKE gdp. most likely 0% gdp growth, if not negative. China’s 2015 GDP Was Exaggerated By Fake Data, Analysis Shows ( https://www.bloomberg.com/news/articles/2018-02-01/china-s-2... ) Another Chinese city admi
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by yusuke10 9y ago
> From the outside looking in Exactly, there's your problem. China is suffering from 300%+ debt, capital outflows (hidden, unreported), fake gdp growth (several provinces have claimed 20-30% fake revenue), demographics time bomb, m
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by yusuke10 9y ago
> For example, I recently heard from a friend with family in China that Americans who go to China can make $50 an hour private English tutoring rich Chinese kids. How can wages be rising so much in China and they are still wildly undercu
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by yusuke10 9y ago
On the one hand, US is doing great. US grew 3% annualized last year, on a base of 19T, the most in the world. That's very impressive considering how big the base is to even have such a big percentage. You can compare that to China,
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by yusuke10 9y ago
It's funny, if an author with a book to peddle repeats the mantra enough times..."China is innovative", it might become true. And yet, what evidence does she raise? "the electronics were assembled in China; almost never
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by yusuke10 9y ago
> greater prosperity can be had with increased repression. Fake prosperity between 2012 and now. 300%+ debt ratio. High government debt. High (state) corporate debt. creeping up Household debt. Several provinces disclosed 20-30% fak
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by yusuke10 9y ago
1.) Chinese government did this to itself, with the 1.3B population. China only had 500M in 1950, but the communist government condemned birth control and banned imports of contraceptives. 2.) At some point, you can't keep using the e
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by yusuke10 9y ago
So the short answer is, don't support China. Long answer is - reduce buying stuff from China. - reduce buying stuff on aliexpress or alibaba or even amazon. try buying local - call out leaders and entrepreneurs on social media when th
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by yusuke10 9y ago
Don’t forget the massive Chinese re-education camp for 120,000 uighers. https://www.google.com/amp/s/amp.theguardian.com/world/2018/...
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by yusuke10 9y ago
> What China manages to do quite well is stop rentiers from stifling innovation Tell that to the dying startups that have to stand up against Tencent and Alibaba. Beijing is littered with them. Let's not forget the various Chinese
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by yusuke10 9y ago
Other things in the paper > AMERICANS, and friends of America, often reassure themselves about its relative decline in the following way The decline is a myth; US is doing really well. US has a 3% gdp growth, which is huge when you real
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by yusuke10 9y ago
The paper cites a few things > But now the number of cited AI papers by Chinese scientists is already at 89% of the American level Every article that wants to claim that China AI is on par with American AI claims this. But US has 10X th
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by yusuke10 9y ago
I know he is your father, but what your father did was essentially, after having tasted the freedom and democracy in australia, he choose to go back to an authoritarian dictatorship for money and help the government pursue research in bio.
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by yusuke10 9y ago
Just because the collapse hasn’t happened publicly doesn’t mean it won’t happen or it hasn’t happened. China can’t escape economic gravity, the same way Soviet Union didn’t escape gravity when it collapsed, even though everything was ok st
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by yusuke10 9y ago
> anti-China comments in any such article is driven by fear (possibly at a subconscious level) that the Chinese model actually works. Lol sure it works....until you're one of the citizen being tortured by the government. I can&#x27