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Damage due to closed borders

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  1. #21

    maybe worth tying this in with the lorenz curve and gini coefficients.?

    Quote Originally Posted by D.YU:
    Socially, everyone says economy is bad.

    In reality, I see:

    Teslas and other cars sold out due to high demand.
    Rolexes (all models) are sold out and flipped for ridic values.
    People quitting their jobs because of personal matters and not because they are laid off
    Salary increases in many FS (refer to my latest thread on BA salaries)

    So maybe its a specific group of people suffering? IDK
    shri, aw451, Gollygordon and 1 others like this.

  2. #22

    Join Date
    Dec 2003
    Posts
    3,410
    Quote Originally Posted by D.YU:
    Socially, everyone says economy is bad.

    In reality, I see:

    Teslas and other cars sold out due to high demand.
    Rolexes (all models) are sold out and flipped for ridic values.
    People quitting their jobs because of personal matters and not because they are laid off
    Salary increases in many FS (refer to my latest thread on BA salaries)

    So maybe its a specific group of people suffering? IDK
    TheBrit, Insomnia, aw451 and 2 others like this.

  3. #23

    Join Date
    Dec 2010
    Posts
    931

    Lol just stating what I see. I dont see any my friends or family impacted. Not even the slightest. We are all just working white collars.

    Rent reduction, salary increase all across the board, wfh savings...

    flame away, angry villagers.


  4. #24

    Join Date
    Dec 2006
    Location
    Tsuen Wan
    Posts
    839

    here in the middle kingdom specially SH, though the gov knows bizz are losing millions by the day they still pursue their plans, it's like their doing it on purpose


  5. #25

    Join Date
    Nov 2016
    Posts
    238

    Thank you China. For this mess. Looks like you didn’t learn anything from the hit with SARS in 2003. Nope. They will never learn.

    blandy62 likes this.

  6. #26

    Gini index

    Hi all,
    as the discussion has been going this way and the other way. here a screenshot from the gini index.
    https://data.worldbank.org/country/h...ina?view=chart


  7. #27

    Join Date
    Sep 2018
    Location
    Hong Kong SAR China
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    1,766
    Quote Originally Posted by GlennBond:
    Thank you China. For this mess. Looks like you didn’t learn anything from the hit with SARS in 2003. Nope. They will never learn.
    Different leadership

  8. #28

    Join Date
    Oct 2006
    Location
    Hong Kong
    Posts
    15,115
    Quote Originally Posted by D.YU:
    Lol just stating what I see. I dont see any my friends or family impacted. Not even the slightest. We are all just working white collars.

    Rent reduction, salary increase all across the board, wfh savings...

    flame away, angry villagers.
    papering over the cracks at best this stuff.

  9. #29

    Join Date
    May 2011
    Location
    Sai Kung
    Posts
    3,888

    I’m no green specialist. I do my bit but sometimes spectacularly fail just as I’m guessing many of us do but the effect of billions of masks on the environment? Relevant to this thread because here and the mainland will be the last in the world to stop routinely wearing them.

    and while we are on the subject the complete inability of so many to throw them away, there are so many just discarded on roads and pavements. I called out a villager the other day who did this. In fairness they apologised and dumped it in the bin which was only about 40 feet away.


  10. #30

    Newest numbers

    Quote Originally Posted by BarbaraSiev:
    Yes, thank you. The wording was too vague. I meant economically. Socially I can see and listen to and read. But economically it is very vague which information the person you talk to will give you. So thank you for hints where to look.
    This type of hint is exactly why I posted the question here. I really appreciate your help.
    https://research.hktdc.com/en/article/MzIwNjkzNTY5

    In this article it is argued that the GDP grew 6.4% in 2021 in comparison to -6,1% in 2020.

    What I see is closed shops, empty airport, friends overwhelmed with work because co-workers left for good, employers desperate to find qualified staff, a lot of fast and cheap shops opening and closing during on week. Not a good sign.

    Ok, thanks everybody!

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