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Despite how smart she may be, her argument is absolutely retarded.
holy fuck, i don't even know where to start... this is why we can't have nice things.
WBWIV
LOL...time for another urban dictionary entry?
.
Curious as to what you guys hate about the argument so much.
I agree with her to an extent.
Ever wonder why only quadrilingual Asians with Ferraris and Lamborghinis roam every college campus in the US? They're the only ones who made it here.
I beg to differ.
I realize you're probably Asian, but I'm talking about the majority of Asians in US colleges today. Their parents put extreme value on education, and most are extremely successful.
I don't think Asians in general are smarter than any other race, but the ones in the US are somewhat of an exception.
Math Field Day was a better use of her time than making this video.
LOL. This.
This is spot on.
what the fuck did I just watch
I know some pretty fucking dumb asians.
She attributes Asian American dislike of African Americans to US culture. However, I think this is more likely attitudes brought from Asia. East Asians generally don't like Africans.
lol east asians don't like anyone. even within east asians, there's mad class distinctions.
Nigerian-Americans have the most bachelor's and post-graduate degrees as a percentage of their population in America, not Asians.
True, most asians came to north america these days are either smart or rich, otherwise they would stay in their original countries.
Being good at math =/= smart.
In developing nations you have a high emphasis on education, specifically math/engineering, because their economies cannot support the level of specialization within a highly developed economy like the US. Also, you have more of a 1st generation effect where you need to have your kids studying these hard science type majors.
Most good families obviously put an emphasis on education, but 1st gen families take it to another level. Once you leave college and enter a world where you don't get a concrete grade or when people succeed based on other factors this type of upbringing becomes a hindrance and not a help.
Take a look at the endless questions about drug tests, prestige and "the path" on this website and you will quickly see what happens when rote memorization takes over the ability to think dynamically and independently.
Universities make a killing from international students because they're willing to pay 60-100k / year for their children to get an American education. Literally 2 - 3x what Americans pay. Its a pure money play.
They're not over here because they're exceptionally smarter than everyone else.. they're here because they have deep pockets.
Education in China - see this video of a school rally to express enthusiasm for doing the "gaokao" ie final school exam on which your entry into a Chinese university hinges entirely.
http://v.youku.com/v_show/id_XNTIxNjg0ODI0.html
@"GoldenCinderblock": Yep, it's one of the "youtubes of China".
@"kidflash": East Asia loves its racial hierarchies. One of the reasons I left Hong Kong is that the possibility of a war in the next 5 - 10 years (with racial nationalism playing a pretty large role) is not remote.
There have certainly been some incendiary rhetoric concerning possible military conflicts in Asia, not least the remark from Abe comparing Japan and China to Britain vs Germany in the eve of WWI. I do not believe any major conflict would ever break out simply because all the senior Chinese officials and their relatives have way too much money and properties stashed away in offshore accounts, including holdings in the U.S and rest of Western World. They are not going to put all these treasures at risk over some uninhabited islands. This is very different than the situation with Mao, who cared little for material wealth and never bothered to enrich himself or his relatives. Corruption and materialism are the guarantees of world peace.
@brandon st randy - That's a mitigating factor, but not complete de-risking point.
The Han culture has "5,000" years of history of believing they are the centre of civilisation. Japan disturbed the Confucian order of things in WW2 (following 100 odd years of cosmologically destabilising actions by the West against China).
China has a chip on its shoulder. The CCP loves stoking up that chip. Japan has its own issues that add fuel to the fire.
If not Japan (and probably not because the US backs Japan), China will pick a fight with one of the lesser "younger brothers" around it in some asinine territorial waters dispute (check out a map of China's ludicrous territorial claims in the South China Sea). Philippines or Vietnam most likely, as China won't want to pick a fight that it's sure it can't win. Vietnam kicked China's arse in 1979 and Philippines has a non-existent navy, so Philippines is most likely in my view.
Many in China - including in the CCP and military - think that they could do a short surgical military action to show everyone that they are kick shit on the block and that the rest of the world would not get involved.
I think nationalist sentiment and self-delusion will trump self-interest.
Japanese aggression against China and for that matter, Korea, started well before WW2. And it didn't "disturb" some Confucian order. That is a very cavalier and offensive way to describe the Pacific Arena of WWII, akin to claiming that Hitler had some misunderstanding with Jews in WWII. It was blatant war crimes and atrocities that included large scale use of chemical weapons on civilians, use of captive women as sex slaves (aka "comfort women") the infamous rape of Nanjing, which to this day many Japanese politicians deny ever happened. The fact of matter is Japan never quite came to term with its war crimes that Germany did, that is why many in Asia, not just China, have been wary of it.
The dispute over Diaoyu Island is not invented by the CCP, but its current escalation was result of the Japanese government's decision to nationalize previously privately owned land.
Now China's disputes with Philippines and the other SE countries over the 9 dotted lines are grounded on considerably less strong rationales. It really makes sense for China to compromise with these countries and work out their differences here as the current disputes are having the perverse effects of forcing the Philippines into closer alliance with Japan, which invaded and committed similar war crimes there.
To be fair against China, the war crimes Japan committed against them are so understated in mainstream history that it almost makes me as sick as reading about what they did.
This is a pretty good movie on the Rape of Nanking for those interested in the subject.
//www.youtube.com/embed/q90R13aMwbA
interesting and somewhat radical thread. most are true tho
@"UFOinsider" - I enjoyed your posts last night.
Apologies if my Australian English spelling disrupts your reading.
You were only saying some of the things that I've been thinking.
Got here (NY) in January this year. Unfortunately I'm too married to capitalise on the accent love. Perhaps will see you at a WSO drinks session if I can get to one (and I'm hoping the drinks session feature more people actually working in IB than hopefuls).
Chinese would still be pissed because their government very deliberately keeps them pissed about this.
Just like their government keeps them pissed about the "100 years of humiliation" between the First Opium War and the communist revolution.
I say the government keeps them pissed in this sense - by contrast the Chinese are not pissed about Mao/their own government killing lots of them and rending the fabric of society over the post-war period, Great Leap Forward and Cultural Revolution, because the government keeps a lid on that and very deliberately does not keep them pissed about the great shittery of those periods.
Japan has its problems, but China has far more. Can't we just dislike both?
With all due respect, this claim is absurd. Japan’s “problem” is that it invaded and committed war atrocities against other countries without provocation. That Chinese people have suffered even more under its own rulers does no in anyway mitigate this "problem”. Your argument is akin to saying that the child molester’s “problem” is that he likes to rape other people’s children, but that is ok cause those children are being molested by their own abusive parents anyway.
China has good reasons to be wary of Japan given its history. It is not right to dismiss this as having chips on their shoulder. Japan on the other hand, cannot claim such moral high ground as China never invaded Japan or committed war atrocities there. This is the fundamental difference between China's problem and Japan's.
Anyway my original point is that in spite of this historical distrust and sometimes escalated animosity at national level (as opposed to individual level as Chinese people are very fond of Japanese culture and are heavily influenced by Modern Japanese pop culture via anime, video games, fashion etc.), the two countries will never go to war, not with the amount of economic interests involved and when nuclear weapons are at stake.
Economic interests often don't prevent wars. I recall (possibly incorrectly) reading in a Niall Ferguson history of WW1 that global trade volumes pre-WW1 were huge, with levels only returning to those levels some time in the 1970s.
I'm not clear why it's absurd to suggest we just don't like both. It's like having two kids at school. Kid J is always trying to sniff the girls' underwear and once went psycho, beating up other kids. Kid C cuts himself all the time, claims that he owns parts of the desks of kids next to him and none of the kids around him like him (unless you count that Kid NK, but that's more an alliance of convenience).
I'm suggesting that, regardless of why/what they do, we just dislike them both because today, in their present incarnations, they are pretty unpleasant people.
Although Kid C is much more unpleasant.
I don't know about them being unpleasant. In fact I am rather fond of both countries, of their cuisine, culture and esp. Japan, technological innovations. Plus Asia provides some of the best opportunities today to earn superior returns in a much less structured, "wild east" like environment that is simply no longer possible in the yield starved U.S markets.
This whole bickering over Diaoyu/Senkasu Islands is a minor sideshow that is inconsequential to the larger Asian economic sphere. Plus in the virtually impossible scenario China and Japan and by extension the U.S. ever do get into a military conflict, hiding out in NYC is not going to help you, not when nuclear warheads and submarines are involved. Countries with nuclear weapons simply do not go to war with each other because of MAD. Case in point, India and Pakistan fought like a half dozen wars in the few decades since their independence, yet ever since they each developed nuclear weapons in the late 90s, there has been no war, save a few border skirmishes.
India and Pakistan both have around 100 warheads each in total, not sure how many are operational at the moment, though. I don't think their stockpiles are large enough to prevent a war between the two in the future. MAD really only applies to a conflict between the US and former Soviet Union, in that in the event of an all out nuclear war both sides would launch attacks not only against each other, but other nuclear capable countries on both sides to prevent global 2nd strike capabilities.
Having nuclear weapons is certainly a good deterrence against conflict, but we shouldn't rule the possibility out just because of that. Before 1991, leading scenarios of "World War Three" between US/USSR by political analysts projected a mostly conventional war, with each side using one or two nuclear weapons to bring it to an end. If I remember a figure I saw recently correctly, the threat of a nuclear conflict between India/Pakistan ranks just behind a dirty bomb attack in the US as the most likely nuclear scenarios in the coming future.
The Nine Dotted Line is more a regional issue than the Senkaku/Diaoyu islands, although both are aspects of China's regional expansionism. China's expansionism is a top tier issue for most ASEAN countries. Philippines was very happy to enter into the 10 year defense treaty with the US in Obama's recent trip.
The U.S- Philippines defense act is a most welcome development that will assure that no war will break out in SE Asia either. Plus Philippines has brought the legitimacy of the 9 dotted lines to the International Court of Arbitration which will likely rule against China. The disputes over South China Sea are of a complete different nature than the Diaoyu Islands, over which China has a much more legitimate claim based on historical control and tribunal relationship.
It is not unusual for countries to have territorial disputes with other countries. Canada has been in a longstanding dispute over the sovereignty of the Arctic passage with the U.S and Scandinavian nations. This does not necessarily imply Canadian expansionism nor does it entail any risk of Canada getting into a physical confrontation with Denmark--except maybe on a hockey rink.
Investors' time is better spent scouting good investment opportunities in the continuously evolving Asia Pacific economies, and there are many interesting special situations opportunities opening up from the economic slowdown in China and leakage from its banking system, than dreaming up some imaginary War of Worlds scenarios.
The level of anxiety in Asia around China's territorial claims are far higher than anything I've seen in North America about US-Canadian relations.
As to what investors think - useful for business, but not a reliable predictor of military conflict.
During my time in Asia, I had a few good conversations with PE guys and other professional advisers about the possibility of Asian military conflict. All agree it's a strong possibility, but too unforeseeable to factor into business decisions (at least, not when you're earning fees from investing other people's money in the region).
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