Guys, stop spreading rumors. Don’t just believe something because you saw it in a single image. The second image is a widely circulated rumor; the first is based on calculations from the data, and the increase isn’t very significant. 1. The starting points in history are different. In 2012, stock market valuations, economic conditions, and where each country was in its economic cycle all differed. Japan was recovering after a prolonged slump, while the U.S. benefited from the growth of its tech sector, so you can’t just look at the final gains. 2. The drivers of growth were different. The U.S. mainly benefited from tech giants’ earnings growth, India from economic growth and the development of its capital markets, and Japan from corporate governance reforms and a recovery in valuations. China, meanwhile, was affected by factors such as the property market adjustment, expectations for corporate earnings, and changes in market valuations. 3. The stock market is not the same as the economy. Stock market gains alone can’t prove a country’s economic strength, the merits of its system, or its residents’ standard of living. You also need to look at indicators such as GDP, corporate earnings, dividends, and valuations. In addition, the methodology used affects the conclusions. Different indices have different sector compositions, start and end dates, and ways of accounting for dividends, so directly comparing cumulative gains can be misleading. People used to say that everyone in crypto was highly educated. So how come, when it’s a rumor you want to believe, you suddenly stop thinking critically?
Seeing someone post the second image in the feed, surely nobody actually believes it, right? Your ability to gather information can't be that poor. Even now, it's still up 71%.
There’s an old chimney at the edge of our residential complex, left over from the boiler room of a textile mill in the 1980s. The mill had it inspected the year before last. The main structure was fine, and it hadn’t reached the end of its designed service life, but the exterior paint was peeling badly, especially on the side facing the street. The report was posted on the notice board. I glanced at it as I walked by, but didn’t read it closely. There’s a guy called Aqiang in the residents’ group chat who makes short videos. Last summer, he started posting photos in the group, focusing exclusively on the side facing the street. To be honest, they did make it look pretty ugly. He said, “Is this really the face we want our residential complex to show the world?” Some people replied that it did look bad; others said, “Why not ask property management to give it a coat of paint?” Aqiang shot back, “Paint it? The maintenance fund belongs to the homeowners. Why should we spend it on a useless chimney?”
传送门喵 Lately, I’ve seen a lot of people on the Plaza discussing the incident where Dongchedi supposedly stomped the brakes until they broke, so I thought I’d weigh in too.
Based on all the information available so far, none of the following can be proven: 1. Whether Dongchedi tampered with anything 2. Whether the brakes failed to meet quality standards or passed them 3. Whether Huawei had the video taken down or Dongchedi took it down themselves 4. I’ll leave out the other issues, since they can mostly be inferred from the above
Let me explain one by one. 1 and 2. Based on the video currently circulating, you can’t tell whether Dongchedi tampered with anything. The way the brakes are applied and the amount of force used in the video are actually consistent with what you might see in a normal emergency stop. But so far, there’s still no confirmed accident caused by brake failure, nor any video of one circulating. That said, the possibility of a quality issue can’t be ruled out either. So, based on the information available, neither 1 nor 2 can be proven or disproven. 3. So far, there’s been no clear information saying Huawei was behind the video being taken down. It may have been taken down by the platform to protect itself, or Dongchedi may have taken it down themselves. Either way, we’d end up drifting into conspiracy theories, and conspiracy theories are the least useful way to discuss this. So I’m inclined to think the platform took it down to avoid “violating the rules” (though those “rules” may just have been a precautionary measure). 4. As for why Huawei hasn’t filed a lawsuit, I think it’s related to points 1 and 2. The material released so far doesn’t provide a basis for making a judgment, which is a sufficient reason not to sue. Most of the information available right now is just one side’s account. I feel like it’s too early to take sides and say much.
Also, the fact that state media have weighed in doesn’t mean they’ve taken sides. I think their stance is generally to discuss the matter on its merits. Of course, you can read a particular position into it, but that’s just your interpretation. Oh, though people who are inclined to take sides might interpret this post as expressing support for the other side. I should clarify first: in my view, Huawei’s technology is the only thing worth praising; its products and marketing have been an absolute mess. And I knew absolutely nothing about Dongchedi before this.
When I say I’m bearish, I won’t say what I’m bearish on 😋
Eczema and dyshidrotic eczema keep coming back, and I’m at my wits’ end. The doctor says they’re chronic and hard to treat, and I don’t have the means to prepare traditional Chinese medicine myself, so I can only tough it out for now. Could anyone knowledgeable about this explain why these chronic conditions keep recurring? Why are the new drugs more or less the same as the old ones, mostly steroids? Is there really no other way to cure them for good? Could things change if biomedical research and development embraced decentralized collaboration, crowdfunding, and data sharing? I saw that $BIO is involved in DeSci/biotech research. Anyone here who knows the field? #BIO #DeSci #BiotechLabs
Here’s a quick re-explanation of the example that person who isn’t human often uses as a “weapon,” okay? Let’s start with the oil tanker incident.
First, an oil tanker was used to transport oil. The detailed sequence is as follows: At first, Xinjing News exposed that an oil tanker hauling oil from China National Grain Reserves (Sinograin) was transporting other chemical raw materials such as kerosene. The incident was tracked and filmed for exposure, but the license plate was blurred out. That day, it became the top trending topic. Then, a netizen used an overweighing information displayed in the video to identify the license plate number, dug up the tanker’s travel records, and found that in the tanker’s itinerary, besides Sinograin, there were also two edible-oil companies: Golden Dragon Fish and its parent company, Yihai Kerry. The tanker was apparently going to Sinograin to buy oil. Sinograin was the seller of the oil, and the tanker was hired to transport oil for Golden Dragon Fish. Golden Dragon Fish denied it, saying their oil is directly packaged in tankers and doesn’t need oil tankers for transportation. After that, the netizens dug up the tanker’s travel records again, and Golden Dragon Fish then argued that this tanker was a new vehicle—its first time transporting edible oil. Meanwhile, on Weibo, the trending topic about an oil tanker hauling edible oil disappeared directly. Next, the netizens also found that the major shareholder of Golden Dragon Fish’s parent company, Yihai Kerry, is A (of the “Four Major Grain Warehouses” ABCD). Ultimately, the main backer behind the same party and the main backer behind Xinjing News turned out to be the same person. Then, combined with the period when China’s soybean imports reportedly decreased by 11%, and the simultaneous push to “privatize” in order to buy imported oil—this suggests that Sinograin had supervisory and oversight failures. As for the foreign firm, Golden Dragon Fish—did they really not do anything? They really did it.
Second: purchasing power There’s a concept called purchasing power parity. On Bilibili there’s an up主 called “Sai Lei Talks About Jin” (“赛雷话金”). He made three videos that are just objective enough: the purchasing power of a person based on factors like the minimum wage in the Czech Republic per hour, the hourly wage of a McDonald’s employee in Austria, and the average wage of young people in Italy.
I can also give an example myself. Not long ago, I went to Singapore. The minimum hourly wage there was 11 Singapore dollars, which is roughly enough for either two meals from roadside stalls or one meal at an upscale restaurant in a mall (not a set menu). Back home, if you drive for Didi for an hour, the money you make is likely around enough for two roadside-stall meals as well—about 16 yuan.
It feels like the kind of person who’s been used as a political tool with a “knife,” yet still thinks they’re the one who just awakened. They still only see what they want to see, still blindly praise, still completely deny everything, still ignore historical conditions and the context of the era. Looks like humanity can’t be saved anymore 😇😇