If he's the guy I'm thinking of, shouldn't he get an award for the early warning?
Chinese Economics Thread
- Thread starter Norfolk
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Does youth employment in this case count 14-18 year olds, as I believe some official figures previously released did
18-25 yo
Not seasonal either since graduation rate was half a year ago
Exaggeration as always sleepy.
Mobility and indoor dining curbs. Only one district was locked down, not the entire city.
I said lockdowns *in* Guangzhou which this most certainly is. Banning transit effectively ends all economic activity. Baiyun is the largest district in Guangzhou. Plus; it's not just Guangzhou; it's all over urban China with random lockdowns which severely restrict business when all movement in or out is banned - you effectively turn China into 8 million different customs entities; each of which have their own laws on trade and migration (i.e., a patchwork of bans that always change and for which no one is able to predict with any certainty what will happen in the next few hours/days/weeks/months)
The guy is known for giving lousy financial advice. He was a strong proponent for facebook, but now facebook business model is crumbling.
Lethe
Captain
The difficulty with these types of comparisons is that it is difficult to adequately capture or account for distinctions between federal and state-level spending. I suspect most Education spending in the US is state-level and not included in these figures. It would be better to rely on international sources such as World Bank, IMF, UN, OECD, etc. that at least make the attempt to harmonise data between nations.
Hence my question bro, as a public figure giving advise then he should be liable for lawsuit?
Yep. Public spending on elementary and secondary education in the US is ~$771bn which is ~3.6% of US GDP; in China, total elementary and secondary education spending was $3.7 trillion yuan (~$570bn) or ~3.8% of China's GDP.
Chinese Economics Thread
Priorities... School funding in the United States is largely a state government function. "Per pupil spending increased in fiscal year 2020 for the ninth year in a row, up to $13,494 in FY 2020 from $13,187 in FY 2019, a 2.3% increase from the previous year." "Elementary and secondary...
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