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mcliu

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Everything posted by mcliu

  1. This is probably not an option, but what happens if Ukraine starts losing the war? Should NATO intervene? Would people in the West support a direct war against Russia?
  2. mcliu

    China

    I think the US is much better positioned than the Byzantines. There is still food & energy security, friendly neighbours and military dominance. But they really need to get their shit together and focus on fixing the real issues instead of fucking around and relying on the country's natural advantages.
  3. I think Economics is difficult to predict like the weather. That's why it's better to be conservative and carry an umbrella if it looks like it'll rain.
  4. I think best value but also maybe value trap in banking and energy.
  5. mcliu

    China

    I think you just have to be careful and invest in the right companies. Battery & cars: Alcohol
  6. mcliu

    China

    https://www.reuters.com/technology/teardown-huaweis-new-phone-shows-chinas-chip-breakthrough-2023-09-04/
  7. Isn’t Georgia still a sovereign country? Why didn’t Putin take over Georgia? France brokered a peace deal, only 300 killed on both sides. Why can’t we do this with Ukraine? https://en.m.wikipedia.org/wiki/Russo-Georgian_War
  8. I find this chart kind of fascinating. 3 companies doing essentially the same thing but somehow one of them manages to underperform by miles.
  9. Everyone wants a short war that achieves its objective.. but history suggests that things rarely go as planned. How would work visas work unless you keep track of everyone that's going in and out of the country?
  10. mcliu

    China

    Actually they are not: https://www.npr.org/sections/health-shots/2023/03/25/1164819944/live-free-and-die-the-sad-state-of-u-s-life-expectancy Also the life expectancy gap is widening against comparable countries.. Education continues to fall behind:
  11. Majority of Americans were in favour of the Iraq war in the first year too. What happens if this conflicts lasts 10 years and costs $2T? It's hard to quit a war once you get dragged in.
  12. I think ValueArb suggested that having open borders with Mexico was a better solution since it promoted circular migration. I'm just saying, if it's possible with Mexico, it should be possible with Canada.
  13. Same issues in Canada. The leadership here has given up on fixing the real problems (housing, healthcare, drugs, poverty, education, infrastructure) and instead just distracts everyone with "social issues".
  14. $100B here, $100B there, and soon your country is $33T in debt. Don't forget, it's not only military aid, the West is also funding Ukrainian government expenditures and essentially keeping the whole country afloat.. My gripe with your border is that if Mexicans can cross freely into the US, Canadian should be able to do the same. The lines at the Can-US crossings are long and annoying!
  15. Fox spins narratives against Biden. CNN spins narratives against Trump. Both spinning narratives against China & Russia. While the article is BS, the premise that the US wastes too much resource on costly foreign intervention instead of fixing domestic issues is not wrong.. The US is facing: Record high debts, deteriorating health, opioid/fentanyl crisis, failing infrastructure, poor roads, poor airports, poor subways, poor trains, major homelessness and crime problem in urban areas, weak & inconsistent public education. Why is this happening in the richest & most powerful country in the world?
  16. Canada's stuck in a tough place. No growth, high debt, high inflation. Cut rates = weak currency, more imported inflation. Raise rates = credit crisis, negative growth. Only positive is the strong oil prices and production but that's also being dismantled by poor policy. https://www.blogto.com/city/2023/08/hundreds-lining-up-apply-ontario-mcdonalds-job-market/ Decade of stagnant GDP per capita: Record household debt to gdp and debt to income:
  17. Prioritizing foreign wars over well-being of citizens seems somewhat late-stage empire. https://www.foxnews.com/media/biden-rebuked-ignoring-deadly-maui-wildfires-prioritizing-ukraine-american-people
  18. mcliu

    China

    Do ghost cities actually exist or is it just Western propaganda? For example: CNN reports in 2017 a subway built to nowhere: https://www.cnn.com/travel/article/chongqing-china-metro-station-nowhere/index.html#:~:text=Next station is ... nowhere,the middle of a wasteland.&text=Pristine and barely used%3A Very,according to a station employee. Today there's an entire city built up around the station:
  19. This is what the US should be focused on. Drugs, immigration, education, infrastructure. Instead the media and policy makers try to distract with cultural issues, "social justice" and foreign wars.
  20. Deposits are up because they closed MUFG acquisition ($80B deposit) on Dec 1, 2022. 2nd table on page 2 shows the impact. https://ir.usbank.com/static-files/30f7fc8a-1e69-4f59-8b2f-64033271c990 MUFG deposits down around 10B and USB backing out MUFG also down around the same amount.
  21. mcliu

    China

    This is the likely the outcome and has been China's strategy for many decades. The whole Taiwan declares independence and China declares war is some Western fantasy for folks that have little understanding of Chinese history and culture. There's no parallel here. Taiwan is recognized as a part of China by most of the world. Logistically, it's far easier to resupply Ukraine through Poland than to resupply Taiwan. And Taiwan has only 1/2 the population of Ukraine while China has 10x the population of Russia. The Taiwanese are very pragmatic. In 20 years, faced with the choices of destruction or 1 country 2 systems, the latter is an obvious choice.
  22. mcliu

    China

    It is hard to replace the world's financial system, but I think the USD closer to a crisis than it's ever been. First, spending in the US is out of control and debt and deficits are spiralling. The last time the US defaulted (1971) there was no alternative system. Second, US was the largest trading partner for the world at the time. Today China is the largest trading partner for most countries. Third, foreigners used to trust US property protection but that trust is being eroded by the weaponizing sanctions and arbitrary confiscation of property.
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