Sh1mon M4sada comments

Picture shows a max, Guam flights uses 737NG (for short runway performance)....main stream media....

Engineered to have redundant systems. Redundancy kicked in as intended. Move on....

Between 2014 and the end of 2022, the Chinese government said it had spent more than 200 billion yuan ($28 billion) on subsidies and tax breaks for EV purchases alone.

...and you believe the CCP.???

https://www.cnbc.com/2024/06/21/china-spent-230-billion-to-build-its-electric-car-industry-csis-says.html

Seriously, this^^, is what can be found. It's more likely much more than $230 billions.

The CCP has buggered up what ever it touches in China, do you want to let them bugger up auto in your country? This is mass market distortion, done at wholesale level, politically driven, and an end game of destruction.

Keep them out!!!

Look at how many Chinese EV companies has gone broke, look at Chinese property, Chinese equities, fintech....all buggered!!!

Facebook - seed funding from CIA...do you trust the Zuck?

There's something very wrong about US big tech. Gone are the ethical innovations, replaced with downright consumers/workers shafting.

Apple/OpenAI - couldn't be more shafting of user base, especially on the heel of the disastrous advert crushing creativity.

Google - do no evil = do anything for power.

IBM - wage theft scandal.

Adobe - OMG, text book shafting of userbase, search for it...your data belongs to us, even data on your hard drive. No opt out.

US big tech = cesspool of immorality.

Yuzuru Ohashi, managing partner at the Japanese unit of German consulting firm Roland Berger, says the current certification system is "outdated" and the government "should update it in collaboration with Japanese manufacturers."

But wouldn't this result in testing becoming much more streamlined and efficient and negating the need for long session of entertainment, expensive dining and drinking session with testing authorities, but paid for by automotive brands?

@rainyday

I think you're confusing savings in bank vs hoards under the mattress or stashed offshore where interest is much higher. Survey conducted in Japan would also be rather biased as most Japanese don't like to flout wealth. Then there's the intergenerational wealth transfer....

My wife and I spend time in France for special occasions, we go to Marseille, Lyon, etc. but rarely Paris because it's expensive but when we do go to Paris, we see a lot of young Japanese enjoying the haute life in Paris.

Then there's the Mrs Watanabe (of course it's not just housewives, IMHO it's anyone that walks into a bank)

https://www.reddit.com/r/todayilearned/comments/15z89vf/til_mrs_watanabe_is_a_collection_of_thousands_of/?rdt=53464

A buoy ...is not anything sacred. ?

...yeah, but take those blinkers off, look at the whole picture. IMHO, Japan has to be prepared for what is to come out of these small insignificant events.

When considering China equities has never recovered from 2015-2016 bubble burst, local government debt skyhigh, demographics catastrophy, property sector dead, mass youth unemployment, misallocation of capital upsetting powerful lobbies, and YET, the CCP is dedicating focus on intangible geopolitical point scoring against Japan, Taiwan, Philippines, Oceania....what is this saying? They're trying to create an environment for war.

On top of all this, they are sending ex-PLA mercenaries to Russia for the Ukraine war, AND they have threatened them with joblessness if they come home too soon.

Yeah, they kind of do (have surplus)

Don't you mean they actually, definitely, resoundingly do? Japan top the list of US treasury holding @$1.15 trillion, that's $9,200 per man, woman, child (for a total population of 125 millions). This is just for US treasuries, when you include Japanese treasuries, corporate bonds....it's much more rosy. Japanese are swimming in a sea of savings.

Education??? Mitsui was shouting from the roof top they are paying 5.3% interest for 12 months term deposit on USD denominated accounts last year. People who took it on would have got 11% returns currently given the weak yen.

My only concern is stocks are getting too expensive because of foreign pile on, and the leveraged stock portfolio will be priced out. IMHO, Japan goldilocks investing ciuld be a thing of the past...sooner rather than later, already Tokyo property value is out pacing income.

It was not very peaceful when the Ukrainians chased the ethnic Russians into the building and burned them alive in Odessa.

Ukrainian and Russian ethnics were living relatively peacefully before Putin sent in his stooges. How do you know it wasn't Ukrainian defending themselves against Russian backed agitators?

The evidence says almost always, it was pro Putin militants who caused all the unrest in Eastern Ukraine.

Peace in Ukraine will not come until the US military-industrial complex has mastered the entire budget allocated by the US Congress to support Ukraine

The US military or its assets doesn't need to be involved at all. Europe just has to stop given Putin money, and I mean litterally, every economic ties from Europe, whether minerals, energy, grains...goes straight to oligarch, and onto Putin. This is documented by so many people, including European. Putin fears loosing his personal wealth and control.

Unfortunately, we have from Macron, to Merkel ... all denying the Putin threat, even now Macron is still saying Putin is a friend, and Merkel is still not repentant. This is why this conflict will continue.

I tend to disagree with that

Based on what? He invaded Georgia, Crimea, threatened Eastern European states, calls all of his invasions 'special operations'. Even if you could believe what he says, his actions still betrays.

Then there's the involvement of Belarus and the attacks on western Ukraine....it just goes on and on. You only need to look at Russian's economic tentacles to see Putin's true ambition.

Piracy!

https://www.un.org/depts/los/convention_agreements/texts/unclos/part7.htm

This will be the end of the CCP, any Chinese aspiration for litoral control, anywhere. Go on, do it, detain someone...see how fast the forces of the world will strike down on you.

Return home to be shelled by Ukraine again?

Hmm, Ukraine was a peaceful nation, until Russian backed separatists started warfare on Ukrainian soil, Russian 'proper' artillery units even entered Ukraine. I'm not sure we need to be reminded of how mindless Putin is when it comes to this part of the world.

Or are you saying Ukraine shouldn't defend its own territories?

Forgot to add..

Really? I thought Operation 'T' already done it...

https://m.economictimes.com/news/india/anti-sikh-fake-accounts-backed-by-china-meta/articleshow/110602987.cms

Look at his smirk, says it all...he would never dare to do the same to China, AND let US state hackers exploit Chinese system.

every other manufacturer in that market is driven out of business and the only companies left standing are Chinese owned.

I agree with the sentiment, but just keep in mind there's still $6 trillion worth of western money still invested in China. Berkshire alone at one point held 20% of BYD...

Everyone in the west need to think long and hard about the trustworthyness of political lobbies, particularly representing China money. These lobbies don't care about the local economies becoming like Chinese property, fintech, service etc., ie destroyed.

New Zealand can't fix its roads, earthquake prone buildings, water supply with pipes leaking for days in its capital Wellington, but do you think its politician prioritises the local economy over the China export economy that benefit a select few? Nope...

https://www.stuff.co.nz/national/politics/local-government/130987988/wellington-continues-to-leak-like-a-sieve-with-2576-pipes-on-fix-list

Don't let your government destroy your country to please the CCP.

But the company said Musk deserves the pay because he turned Tesla into the top-selling electric vehicle maker in the world, increasing its market value by billions.

But the company's board is not impartial, in its communication to shareholders about the vote, the board was 100% biased, it didn't mention dilution of existing shares once, not a single time. IMHO immoral, and lacking duty as a board.

Not the least, on the heel of firing 10% of staff, many of whom were so crucial they hadcto be rehired. Sigh....good engineer does not excuse a bad human being.

What's wrong with deflation?

Nothing wrong under certain settings. I actually think the decades long deflation was a good reset for Japan, and it improved the lives of the average Japanese A LOT. High standard of living, low cost of living, secure jobs etc., though it can't last forever.

Right now, Japan at the trough of a 3 decades long investment cycle and Japan has to emerge from it. Deflation delays consumption, ie why buy now when I can buy cheaper later, without consumption it's not a purring economy that utilises capital to invest to better lives of citizens.

https://www.japantimes.co.jp/business/2023/11/15/companies/probe-fake-parts-aviation-industry/

Well the airline industry certain has form when it comes to cheaping out, and blaming others.

IMHO, this is just more evidence the ousting of Calhuon from Boeing is a massive injustice cooked up by the airlines to punish him for delaying deliveries and prioritising safety.

“It’s a little bit like seeing a slow motion traffic accident unfolding,” Jens Eskelund, the president of the European Chamber of Commerce in China said earlier this year. “The accident has not happened yet and ... it is still possible to find an off-ramp. It is getting urgent.”

He's not an expert, he's a paid shill of the worse kind, the kind that serve a narrow interest at the expense of everyone else.

The same experts has been touting the China story for years, but never the home story, how IP, skills, wholesale industry has been eaten up by China in exchange for flaky goods.

I'm totally on board with the BoJ, there has to be evidence of sustainable inflation before major move. Else, Japan risks a return to deflation and doldrum. The market (ie Japanese corporates flush with cash) will decide when to return capital to Japan anyway, they won't if they think Japan is going to return to deflation.

If one just listens to the BOJ itself, one knows that it is very early days.

Wouldn't you as a business owner rather the BoJ does it slowly and in a transparent way?

Last time I looked, the BOJ is still owning a mega-tonne of bonds.

Yes, but Japan is also the biggest holder of US debt...

https://www.statista.com/chart/31941/largest-foreign-holders-of-us-treasury-bonds/

Imagine if just a small amount of it was offloaded, that would shift the yen/dollar balance towards the yen would it not?

Sadly, this is the kind of 'feature' Micro and soft, and OpenAI is going to force on PC users, and Apple walked right into it.

LOL good luck with that.

its a piece of dangerous crap anyway...

Even if true factually, which I doubt, it outperform anything else on the planet for what it's designed to do. I doubt it's that easily replaceable.

It is evident Japan maintains and flies the Osprey aircraft in a safe manner. The US could learn how to fly, operate and maintain the Osprey fleet safely from Japan.

Perhaps there's an element of truth in this^^^, because there's been report of US Osprey being allowed to fly longer than scheduled maintenance period due to a lack of parts (mainly the sprag clutch).

But, at the end of the day, the gearbox and sprag clutch used in the V-22 does experience alot more torque and surface velocity pressures than your standard helicopter sprag clutch, and on top of this a helicopter sprag clutch operates mostly in one direction whilst in the V-22 it rotates up to 90 degress, AND there's double the risk since as there's one on each side of the plane. It is a lot more susceptible to failing.

At the end of the day, they know the problem, AND they are saying it (the sprag clutch) won't be fixed until 2025, AND the brain behind the original sprag clutch design being Ted Zlotek has passed,

so IMHO, either Japan has to have a higher quality (more regular) maintenance schedule, or Japan does not operate it in as an extreme environment as the US does.

Then there's the Boeing outsourcing issue which we can see is a huge issue since the Alaska door plug fell off. Boeing/Spirit, in this case Boeing/Bell.

If you're still sending letters, you deserve the price hike. Double the price, save the forest.

How many in the pic gone by new year?

To be fair, Meloni has toned down her right wing rhetoric a lot since gaining power.

Slapping punitive tariffs on Chinese vehicles is not the way to decarbonize nor clean up filthy city air…

Why not?

EVs purchased locally avoids the carbon emission associated with shifting resources from around the world to China, then shipping Chinese EVs back to the rest of the world again. You have not noticed BYD has had to build new car carrier just to ship cars O/S?