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Unscripted Equity Curiosity Season 3 Episode 9: “Some Boats Are Rising”; Felix Wang on China’s Easy COVID Comps, High Unemployment (& Likely Stimulus), & SOE’s Making 52-Week Highs

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The Future of the Unemployment Situation

The government has to incentivize growth of employment somehow. But it's not simple I mean because you know they did a huge crackdown on the very companies that employ these young folks, which resulted in pretty substantial job cuts across the space. And so, for some support, you need to get the Chinese mega cap tech come giants to basically say all right. Yes, the worst is over we can now have capital to growAll business, well all human capital, all employees and so forth. We're starting trying to cut more fat, and trying to tell the profitability story rather than the growth story. At the end of the day you got to have some employees left to run your company. So

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