On the surface yes, deep analysis reveals its serious limitation. That is a fact of reality because the human nature is universal. No authority likes to be unable to control the people they govern. You may put in place all kinds of "checks and balance", but in reality, it doesn't work most of the time. For example, you may think of all ways to curb and minimise socio-political economy corruption, but there is no place on earth that you have any evidence that corruption is not happening on a daily basis in all societies. Nevertheless, some societies are better at managing their narratives of the presence of a façade of freedom of expression, media freedom, low crimes, low corruptions, equity, fairness, and justice. These are the differences in being nuance in operative management. In some instance, the attempt at "eradication of corruption" is merely performed by making corruption not illegal under the law, such as allowing the corruption by a person or group to be registered as legitimate "interests groups".
As long as dollar remains the only global reserve currency, more geopolitical cards always remains on the US's hand, No matter how hard China tries to innovate to surpass the US to become a global leader. But the things are changing over time, the US will always remain as the global leader but the world will also have China as the global leader parallel to the US. If the situations like Ukraine , Israel , Palestine and the tensions in the middle East keep emerges, the US will lose people's support. That's what the Chinese are waiting for.
Thank you Emmanuiel. Also enjoyed your perspective, way more so than some of these financial guys who never even stepped foot in a foreign country China or not. Love your neutrality.
The three principles promulgated by Dr Sun Yat Sen were 民族主義, 民权主義and 民生主義！these 3 isms is about the race, the rights and the livelihood of the people!😅
Very good video Emmanuel. I like to expand on the difference in capital investment you touched up on between AI players in US vs China. I believe that lofty 10 trillion USD number is purely based on the current high US interest. It essentially vacums in dollars in the hands of different countries around the world to pay for the continued deficit spending, at last count 1 trillion USD every 100 days. If you look at US equity market as a % of world total equity market. It was around 30% a few years ago before interest rate was hiked, it is now 45%. As the excess dollars sitting in various countries central banks are sucked in. These countries ironically will be forced to de dollarize their trade. The eventual downfall of the dollar reserve status will equalize the valuation of US companies and allow other countries companies to get more capital investment.
Thank you for this very important observation. I agree with your explanation as to why the U.S. markets dominate, except that the stock markets of the rest of the world are broken and U.S. economy has the potential of becoming even more financialized than it is now. Global markets have no potential to equalise and China’s market size holds up only because it is 70% state sponsored. Worth a discussion.
Emmanuel, I think I got what’s your point was about picking the U.S. side on TikTok. But you tried to shorten your opinions into a 1 minute non-sense. I think you should clarify your opinions in a more concise summary. Your insightful thoughts are the first that made a lot of sense on how technology sequencing and attaining successes. Thanks for sharing your time with us.
Bytedance will not sell Tiktok. China has a law which prohibits the selling of key technologies, and algorithms is one of them. Bytedance will rather leave the American market.
Can US government be trusted ? 😂 most inthe world say no no no
Are you sure USA really have freedome of speech????
On the surface yes, deep analysis reveals its serious limitation. That is a fact of reality because the human nature is universal. No authority likes to be unable to control the people they govern. You may put in place all kinds of "checks and balance", but in reality, it doesn't work most of the time. For example, you may think of all ways to curb and minimise socio-political economy corruption, but there is no place on earth that you have any evidence that corruption is not happening on a daily basis in all societies. Nevertheless, some societies are better at managing their narratives of the presence of a façade of freedom of expression, media freedom, low crimes, low corruptions, equity, fairness, and justice. These are the differences in being nuance in operative management. In some instance, the attempt at "eradication of corruption" is merely performed by making corruption not illegal under the law, such as allowing the corruption by a person or group to be registered as legitimate "interests groups".
As long as dollar remains the only global reserve currency, more geopolitical cards always remains on the US's hand, No matter how hard China tries to innovate to surpass the US to become a global leader. But the things are changing over time, the US will always remain as the global leader but the world will also have China as the global leader parallel to the US.
If the situations like Ukraine , Israel , Palestine and the tensions in the middle East keep emerges, the US will lose people's support.
That's what the Chinese are waiting for.
I like your indepth study on China App and it's future
Very insightful. Thank you very much.
China is coming up with driverless taxi and no dependent on drivers of private owners.
Thank you Emmanuiel. Also enjoyed your perspective, way more so than some of these financial guys who never even stepped foot in a foreign country China or not. Love your neutrality.
The three principles promulgated by Dr Sun Yat Sen were 民族主義, 民权主義and 民生主義！these 3 isms is about the race, the rights and the livelihood of the people!😅
Very good video Emmanuel. I like to expand on the difference in capital investment you touched up on between AI players in US vs China. I believe that lofty 10 trillion USD number is purely based on the current high US interest. It essentially vacums in dollars in the hands of different countries around the world to pay for the continued deficit spending, at last count 1 trillion USD every 100 days. If you look at US equity market as a % of world total equity market. It was around 30% a few years ago before interest rate was hiked, it is now 45%. As the excess dollars sitting in various countries central banks are sucked in. These countries ironically will be forced to de dollarize their trade. The eventual downfall of the dollar reserve status will equalize the valuation of US companies and allow other countries companies to get more capital investment.
Thank you for this very important observation. I agree with your explanation as to why the U.S. markets dominate, except that the stock markets of the rest of the world are broken and U.S. economy has the potential of becoming even more financialized than it is now. Global markets have no potential to equalise and China’s market size holds up only because it is 70% state sponsored. Worth a discussion.
The only constant is change Tiktok tiktok goes the clock
Look at Israel & Palestine - good sweet USA huh????
Emmanuel, I think I got what’s your point was about picking the U.S. side on TikTok. But you tried to shorten your opinions into a 1 minute non-sense. I think you should clarify your opinions in a more concise summary. Your insightful thoughts are the first that made a lot of sense on how technology sequencing and attaining successes. Thanks for sharing your time with us.
Bytedance will not sell Tiktok. China has a law which prohibits the selling of key technologies, and algorithms is one of them. Bytedance will rather leave the American market.
Min Zhu is 民族 not 民主
WRONG!
I am afraid you are not correct, kaiChen8791.
Min Zhu or 民主 = democracy, or literally, "people authority".
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