People think the Japanese are very efficient because of all of the cute little convenience store nonsense items they see online that are innovative, but in reality their entire society is propped up by a series of incredibly retarded rules that make doing anything a chore. I had my own encounter with that recently and I’m not even in Japan, but I was dealing with a Japanese company called Muji. (Let me vent ffs) I was moving and I wanted a new kitchen table. Saw one online at Muji I loved. “You can’t buy it online. You have to go to the store.” Weird but ok. Went to the store. Saw the table. “May I buy this table?” “ahhh no is not possiburu” “what” “oh hueheheueh aahhhh yuû musst submittu formu.” Had to sit down with the lady as she filled out a paper order form for the table. She then had to send it to the warehouse in Japan, and the warehouse only reads these paper order forms on Fridays, for some reason. Whatever, I’ll trust the process. After the fork is submitted I get nothing. No tracking number, no order number nada, just my receipt. Wait 3 weeks, hear absolutely nothing about the status of my table and have no way of directly contacting the warehouse. Have to go back to the store to ask for an update. “oh ahhhhhhhhh *weird Japanese sucking air noise they do* so sorry so sorry prease patience” Another week goes by. Call the store again. “ah はい ! taburu withu Nippon Express now. They will carr u soonu!” Days later, finally get a call from Nippon Express. They had my table. “We can deliba taburu in 2 weeks!” “Wait… It hasn’t shipped yet?” “No, it’s here :)” “Here where?” “In local warehousu (gives address that was literally 10 minutes away).” “So you have my table here in my city, 10 minutes away from my literal house, but you can’t deliver it for two more weeks?” “はい. Must schedule. :)” “Can I just come get it myself? I can literally have a delivery company come get it right now.” “いいえ Is not possiburu :(“ So I had to wait two more weeks to get the table that was around the corner. Then, on the day of delivery, the drivers (two Japanese guys), brought the boxes into the lobby before reviewing their paperwork, only to find I may not have responded to one of the many confirmation emails they sent, so they might not be able to deliver the table because they lacked my permission to do so. The table which was in my lobby at that very moment. The table I had scheduled to be there. The table I bought.

When the whole timeline is in a drawdown but you already drew down earlier this year so your current draw down is much smaller draw from the down than the draw down that every down draw is drawing from

It's not easy to make sense of all the Substacks out there. So let me explain what each of us Asia-focused finance newsletter write about.

ok so: - the dollar is dying - stocks are overvalued - europe is dead - you can't trust chinese assets - gold and silver are already up massive what do we buy rn?

Amer Sports ($AS) listed in US, controlled by Chinese - Owns several hot brands: 1. Arc'teryx / Peak Performance (US$3.6bn sales) 2. Salomon / Atomic (US$3.1bn) 3. Wilson (US$1.5bn) 5 year exptected rev growth is low-double digits to mid-teens. Current growth running at 25%-ish