Finally, COVID is “over” in Shanghai. Now that the CCP declares its victory, the US will likely become more comfortable, temporarily.
America certainly needs that relief.
We already see that reflected in container prices. At this point in the cycle, anything helps.
I used to believe China had already won against the US until they decided to crush founders with oppression (Didi, Alibaba, PinDuoDuo -- and hundreds of others).
There is still hope for freedom; once they meddle with self-made tech billionaires, they start to lose since there is no point in building wealth if you don’t have ultimate lasting freedom.
Shoe Dog, the recently published book by Phil Knight (Nike's founder), is a fantastic read that demonstrates how challenging it is to build a global business.
In this episode, we had a great conversation about the new generation and its impacts on the labor market and consumption habits.
I learned to embrace Stoicism, since its principles of living have helped me become a better person capable of enduring the hardest challenges in life.
