Miscellaneous News

azn_cyniq

Junior Member
Registered Member
LMAO again? They aren't the first low cost indian airline to try this. The issue is that the airline industry margins are so freaking thin that failures of any kind (be it logistical, route planning, maintenance, etc....) will ensure bankruptcy. Does nobody remember Go Airlines? They were one of the largest private low cost indian airline that filed for bankruptcy in 2019.
I was wondering how IndiGo, a company that lost $40 million last year and has $7.4 billion of assets, financed their $55 billion purchase of Airbus airliners. Could they go bankrupt before all 500 airliners are delivered? I'm not an expert in this field so if somebody could explain, that would be nice.
 

Stierlitz

Junior Member
Registered Member
Biden: Xi is a dictator


Vassal Olaf Scholz: "The Federal Government has taken note of the American President's statement."


Chad New Zealand PM:
Please, Log in or Register to view URLs content!
and whatever form of government China has is for the Chinese people to decide"

New Zealand will have a general election in October. Hopefully Labour wins. Their foreign policy seems wise and pragmatic.
 

azn_cyniq

Junior Member
Registered Member
From what I understand Bay area is survivable for those who already have family there or who have a 200k+ tech job.

Otherwise it has ludicrous prices that make Hong Kong, Singapore and Vancouver look cheap.
You're absolutely right.

If your salary is $140,000 a year in San Francisco (this is well above the median salary in San Francisco), you'll end up with around $95,000 after taxes. A decent studio apartment in San Francisco costs at least $3500 a month, or $42,000 a year. If you don't feel like paying this much money, you'll have to live with multiple roommates or deal with a long (probably more than 2 hours per day) commute. Now you're left with $53,000. If you're frugal, you'll spend around $20 a day on food or $7300 a year. If you're lucky, you'll spend around $3000 a year on utilities and gasoline in San Francisco. I'll assume you already have a car. Now you're left with $42,700. Not bad.

If you're able to keep your job for the next 7 years, you'll have enough money for the down payment for a $1.5 million house in the Bay Area. A house worth less than that in the Bay Area is probably not suitable for raising a family. 7 years without eating out a single time, going on a single trip, or spending a single dollar to entertain yourself, and you can finally pay the down payment on your dream home (which probably isn't all that great). Now you can look forward to paying $10,000 a month for the next 30 years to pay off your mortgage.

If you don't want to spend your next 37 years like this, I guess you're a loser (according to another user).
 

Bellum_Romanum

Brigadier
Registered Member
Statistics show that upwards of 80% of students choose to return to China after graduation, so yes, he made it up.
That's what am so confused about @Witchhunter12 perplexing opinion that his experience isn't atypical but rather the norm. How is he basing his anecdotal experience and then transform that as the general trend and feeling of the majority of Chinese diaspora and Chinese students in America, when all he's been able to is nothing but anecdotal fallacy.

Studies after studies along with the myriad of data show that overwhelming vast majority of Chinese who studied in America from decades past to now have ELECTED/VOLUNTARY TO GO BACK TO CHINA as opposed to the Indians for example whom CHOSE TO OVERWHELMINGLY STAY IN AMERICA which largely explain the gaps in development of both countries.

Many polling and elite academic institutions like Harvard and York University in Canada did an extensive polling on the Chinese sentiment and confidence, approval of their government and overwhelmingly the Chinese people give support to their system and governing body which is the CPC. Yet, we are being told to believe that somehow the best and the brightest of China, if given the chance (which they have that option) would overwhelmingly choose America for better pay, prestige, and ChatGpt?
 
Last edited:
Top