This story should be the most read as the USA is in the middle of a national emergency: public schools closed & so it impacts the disadvantaged the most.
Parents that can have pulled their kids to private school. Imagine ur child in front of zoom all day long. Horrible.
"9-year-old Lucas grew increasingly angry, frustrated and despondent sitting in front of a computer for his classwork, his outbursts frequent and gut-wrenching. They pulled Lucas from his shuttered San Francisco public school & placed him in a reopened private school."
“Our educational system is off in a corner somewhere staring at its navel, completely disconnected from the community,” said Thompson, adding that he’s a lifelong public school proponent. “This is like a crashing airplane and the pilot is not saying anything."
District has spent hours of recent public meetings on issues unrelated to reopening — including a new student assignment plan, a Black studies curriculum & a lottery admission for Lowell High School, &the fallout from a district committee recommendation to rename 44 school sites.
They are working on "equity" by thinking about "black studies" & renaming schools but NOT OPENING THE SCHOOLS.
Even Mayor Breed is frustrated: "“I believe in equity. But the fact that our kids aren’t in school is what’s driving inequity in our city. Not the name of a school.”
New York schools, which have been open for three weeks, have not seen outbreaks either, with 28 positive test results out of more than 16,000 students and teachers tested randomly.
So far, few evidence of schools & outbreaks. And yet, here we are punishing our kids w/ zoom calls
Professor of public health at Harvard (pediatricians of the USA also agree):
The cost of keeping students home, which includes abuse, neglect, violence and hunger as well as lost learning and the kids who are “virtual dropouts,” meaning they’ve just stopped logging into class.
Why has society declared parts of our society essential, he said, but not schools?
“Kids out of school is a national emergency, and it’s not being treated as such,” he said. “We already had data that schools are not places of high transmission.”
SF School District, instead of working on REOPENING SCHOOLS, focuses on RENAMING THE SCHOOLS.
Even for super left SF, this is too much. The mayor calls it offensive what they are doing (she's black) & a disservice & a diversion & unhelpful for the kids.
Not quite: electric cars by definition needs electricity & let's look on where Hong Kong gets its electricity from:
Coal, natural gas, and nuclear energy. Lama Power Station of HEC & Castle Peak Power Station of CLP are the two power plants that generate electricity by coal.
May I add buy prime land like coastal California. You can always count on the politicians + residents to be voting for more regulations to limit supply. How do I know? I'm from California & invest their. A good call so far.
With the government inept, local & national, & with lock-downs introduced as gov couldn't prevent a pandemic & shuts down local economic activities, people INVEST more in real estate as it's the only place they can control.
But if you think humans are rational, u're wrong.
While the land & property owners are rational & lobby properly & the politicians act accordingly with adding more regulations to limit access to lower supply & raise prices, the people NOT owning property CONSISTENTLY ACT AGAINST THEIR OWN INTERESTS.
Watch direct investment by Singaporean firms (also Japanese, Taiwanese & South Koreans). They understand Asia and usually ahead of the game. The Singaporeans bought up Vietnam real estate at the height of the crisis circa 2011-2012 & got some good deals & that was a good call.
The question we have to ask is that whether Indonesia could ever be a story that is not just domestic demand but rather one that is rising in participation of global value chain and more outward.
When was the last time you bought something that is Made in Indonesia?
Elephant in the room is India (a sleepy giant in term of FDI but more awake than Indonesia). India is a favorite for portfolio investors (see valuation of equities and also even bonds). That said, needs to be more outward.
When was the last time u bought something Made in India?
In one hour, we get China GDP for Q3 & expectations of a bounce from Q2. The question is whether its demand side of growth will be as good & so eyes on September retail sales (exps 1.6%YoY from 0.5%YoY in August).
US retail sales +5.4%YoY for September & V-shaped in recovery.
Odds for Trump rising again & here are the latest polls. With US data strong (US retail sales beat), less pressure on stimulus although let's not forget that was the past & so still key. Pelosi sets a Tuesday deadline. Let's see!
US data surprise index rising as actual exceeds expectations.
Another funny Covid-19 news today, the day that Xi & Carrie talk about the Greater Bay Area (HK, Macao, Shenzhen) & no announcement of integration & travel bubble, and wait for it, Hong Kong announces a travel bubble with: SINGAPORE! Singapore before Shenzhen or Macao! 1 country!
Over the summer, the UK & Europe didn't do much containing & controlling & a lot of people just did whatever they wanted like life was normal. Got friends going to Spain, Italy etc posting pics mass gathering w/o masks. No enforcement of quarantine. Now they control private homes
The best things about going to a physical bookstore vs online is that you can see the whole collection, from topic to topic, versus online an algo tells you what you'd like. As in, there's a sense of discovery & freedom in visiting a physical bookstore & u meet other bookworms.
When I was a child, I loved visiting my local public library & when that got too small I would take the bus downtown to visit the big library with all those books. You don't even have to pay! At UCLA, Borders on Westwood was a fav. I'd spend my Saturdays there, reading all sorts.
I'd read the architecture, economic & social affairs magazines & then peruse the classics in sociology, psychology, economics & venture to other topics. I attended many events at that Borders, including meeting Frank McCourt, my fav, & meet other people that live in Westwood area