Xi’s upcoming visit to Russia is expected to inject new momentum into the China-Russia comprehensive strategic partnership of coordination for a new era. 習近平主席即將對俄羅斯進行訪問,預計將為中俄新時代全面戰略協作夥伴關係注入新動力.
The “stock god” warned: the US dollar will go to hell and suggested investing in this asset. Buffett warned at the Berkshire Hathaway annual shareholders meeting on the 3rd that the US fiscal policy is “worrying” and made it clear that he would not invest in a currency that is about to “go to hell”. 「股神」示警:美元將下地獄 建議投資這項資產. 巴菲特3日在波克夏年度股東會上警告,美國的財政政策「令人擔憂」,並明白表示,他不會投資一個即將「下地獄」的貨幣.
Shunde day 5 Tuesday May 6 2025 video: the fisherman wharf, simple street food, & desserts before heading back to HK. Last 5 days experience China’s world class infrastructure, travel 100s of miles in one day via high speed trains for US$10-25, DiDi, the China’s version of Uber & Lyft very inexpensive, from my hotel to the guangzhounan high speed train station was 28 miles cost only US$10. MTR like SF BART cost 1/20 what SF is charging. Who said people in China have no freedom of speech, many criticize the local governments on a wide aspects of issues just like in US, no one gets arrested and throw in jails! We venture into small alleys late at night to find good local food. It would be committing suicide if we do that in America. People in China are amazingly well informed what is happening around the world. Street vendors or businesses owners we spoken to mostly praises Xi Jinping leadership thus confirming Harvard University surveyed that 92% of the Chinese support the Beijing government! 順德第 5 天 2025 年 5 月 6 日星期二影片:返回香港之前,遊覽漁人碼頭、品嚐簡單的街頭小吃和甜點。最後 5 天體驗中國世界一流的基礎設施,乘坐高速列車一天行駛數百英里,費用為 10-25美元;滴滴,中國版的 Uber 和 Lyft,非常便宜,從我的酒店到廣州南站 28 英里,只花費 10 美元。類似 SF BART 的 MTR 費用是 SF 收費的 1/20。誰說中國人民沒有言論自由,很多人像美國一樣就各種問題批評地方政府,卻沒有人被逮捕入獄!我們在深夜進入小巷尋找當地美食。如果我們在美國這樣做,那就無異於自殺。我們相遇的中國人對世界各地發生的事情有著驚人的了解。我們訪談的街頭小販或企業家大多稱讚習近平的領導,從而證實了哈佛大學的調查結果:92%的中國人支持北京政府. https://rumble.com/v6t15r7-shunde-day-5-tuesday-may-6-2025-video.html https://youtu.be/Cg5ktrD-9A8?si=9Im6D_PmfimZP2zo https://www.tiktok.com/t/ZP86MWnGs/
If you are making US$200,000/year for 40 years till retirement = US$8,000,000 after tax of 40% = US$4,800,000 and that is assuming you have a job for 40 years as AI will eliminate many of the jobs in coming years, all professions, no exceptions! What are you going to tell your kids in high schools about to enter college? How about your kids that are engineers, lawyers, doctors, accountants, pharmacist and etc as 50% of the jobs expected to be replaced or substantially reduced by AI.
What about if your kids are not AngloSaxon or Jews in US? I can tell you it is going to be worst especially if you are Chinese.
When my grandfather and father grew up in HK in the late 1800 and early 1900 who experienced 2 world wars, Korean and Vietnam wars, nothing change much for decades.
When I was born in the 1950s, things do not change much until 1980s with the introduction of personal computers.
Today things changed in months, look at Huawei, US was so confidence that they could kill the company and kidnapped the founder’s daughter (same tactics employed by US on the tariffs war today) Huawei not only not died, come back stronger than ever before (US just never study history or learn the lessons).
In the coming years, China will be leaders in science and technology. US will be follower at best. The 7 sisters who keep
the US stock markets high already ran out of steam. Even Warren Buffett lose confidence in US stocks market and US dollars. Both could collapse before 2030.
It is quite obvious my grandfather and father could not foresee the changes. But they are smart by telling us two things: 1) Don’t stuck our head in the sand, travel and watch the happening around the world. China was sick at the time due to weak Ching Dynasty and lost HK to British because of the opium wars, but China will rise, so don’t forget our Chinese roots; 2) They would not mind to have smart kids that are lazy, can’t stands kids that are lacking EQ.
Quick lunch at Shunde for US$9.8 before taking high speed train to HK. Same will cost US$40+tax+tips of 30%=$52 in SF or Hawaii. Everything is overpriced in US. Engineers in China earning 70% less still living a better life than us in America. 在順德吃一頓9.8美元的午餐,然後坐高鐵去香港。同樣的午餐在舊金山或夏威夷要花40美元+稅+30%的小費=52美元。美國什麼都貴。中國工程師的薪水比我們美國工程師低70%,但生活還是比我們好.
Shunde Day 3, Monday, May 5 2025 video: Early morning visit to Shunde Qinghui Garden across from our hotel,seafood dinner for lunch for US$30 compared to similar dinner at US$450 (live sea bass was US$100 last night, today same sea bass at lunch cost US$10) unlike US, only rich can afford fine food。Raining heavy outside, we decided to have food delivered to our hotel free of charge, in US you need to pay 30-40% surcharge, in China $0。 順德第三天,五月五號,星期一視頻: 今早去順德清輝園(跟媽媽小時候告訴我她的福州娘家很接近,他們不是狀元家,是福州最大茶商) 是昨天人流的4%,昨晚的海鮮晚餐是美元$450, 今天差不多同樣的海鮮餐是美元$33(同一條石班魚,昨晚是美元$100,今天是美元$10)在美國有錢與否基本上去同一地方,在中國非有錢人也可以享受富人的美食。在美國全國食物選擇最多祇有幾十種,在中國單是在廣東省就有一千種以上. 而且是美國2-5成的價錢. 自古以來食在廣州, 食材新鮮,原汁原味,眞的不是浪得虛名。今晚本想外出吃飯,但外面下大雨,如果在美國旅行可能要吃酒店餐,又貴又不好吃,但在中國有美團,所以有幾十間餐廳任君選擇,美味的晚餐送到酒店,而且不用付一毛錢運送費,更不用付一毛小費。 https://www.facebook.com/share/v/1Fn26F6Dfj/?mibextid=wwXIfr https://www.tiktok.com/t/ZP86jPHUQ/ https://youtu.be/useSmoi2VDo?si=JFt8lr57qFATNn38