Chai Jing’s review: Under the Dome – Investigating China’s Smog
柴静雾霾调查穹顶之下 (full translation)
Source: NPR
Under the Dome – Investigating China’s Smog
March 14, 2015 8:00pm by Barry Ritholtz
This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment. The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client. References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others. The Compound Media, Inc., an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. For additional advertisement disclaimers see here: https://www.ritholtzwealth.com/advertising-disclaimers Please see disclosures here: https://ritholtzwealth.com/blog-disclosures/
Under the Dome – Watched the whole thing .. pretty, pretty, pretty good . . actually startling in its honesty. A few of the many possible takeaways . .
China’s growth is not exactly what it seems . . . Not only are there no stores open in the shopping centers, there are no tenants in the apartment complexes, and the steel factories are being subsidized to produce low quality steel for which there is no market . . how much of the growth is fake like this? . . letting go of the gov’t control that produces this waste of resources is going to be hard for the party but this can’t go on.
The Chinese factories treat emission controls on their vehicles the same way they produce flooring for Lumber Liquidators . . by ignoring the standards – period. A warning for consumers like me and you . . and remember the poison pet food.
And this . . . China can’t improve the quality of their gasoline (reduce pollution) b/c the board that would raise the standards is made up of oil industry people. Sounds familiar?
Sounds like nirvana for the Koch’s. ;)