Michael Milken this weekend:
“$10T wants to leave China. 61% of its most productive talent wants to leave, and 40 of the 61 want to come to the U.S. It is not easy to leave. Last year, 800k made it out. If they were free to leave, maybe 100M would.”
“Human capital is worth 10x the physical capital of an economy.”
From the bubble chart in comments below: China is the biggest loser of millionaires (followed by the UK Brexit effect). The U.S. used to be the biggest recipient; now it’s the UAE.
“China dropped from 30M new children per year to 9M born. Nigeria may have passed China already. China also has the most people with diabetes. The most cancer in the world.”
China’s strategy: “You can’t let them see the world as it is, or they will leave. For China, North Korea and Iran, the only defense is that you can’t see the light. They live in an alternate universe.”
“If you can destroy the concept of meritocracy and the American Dream, you remove a reason to come to the U.S. There are many videos with this message on Tik Tok. But none of you saw them. They are targeted to youth with predictions of who can be radicalized.”
“It’s not a question of cost; but whether they will survive.”
— from the Stand Together Retreat in Palm Springs on “Defining the American Dream”, in the opening session titled “Winning the war we did not know we were fighting.”
Research comments from the @StandTogether speakers:
“Views of pro-Hamas content on Tik Tok exceeds all other news on all other channels.”
“China is trying to create a collective delusion by false consensus. Young people want to belong.”
“While 50% of young people say that Hamas’ Oct 7 attack on Israel was justified, only 2% say that in private.”
“India banned Tik Tok long ago for videos that say Kashmir wants to be part of China. #FreeKashmir was the number 1 topic, with 229 million views. By comparison, the most popular topic on other social media sites, Taylor Swift, got only 22 million views on Tik Tok.”
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