Suddenly I thought, why is it so easy to collapse? I remember that the elementary school textbook said that the light bulb invented by Edison could last 1000 hours. With the rapid development of science and technology, the service life should be longer, at least 654.38+10,000 hours, which means that if it is turned on 24 hours, it can be used for more than 10 years.
One of the materials I saw before is probably that the life of the light bulb is deliberately set at about one year. The current technology can make the light bulb 100 years not bad. I checked the information, and it's true.
But in this way, the problem is big. If the light bulb factory produces light bulbs that are not broken for 100 years, who will buy new ones? Then the light bulb factory is worthless, closed down and died, which in turn affects consumers. The light bulb accidentally broke down and could not be replaced.
With the joint efforts of society, a durable product has become a daily consumer product.
Think about it, this kind of case is actually very common in life, such as cars. The car with a history of decades and hundreds of years is still running and its performance is in good condition. But if people continue to use this car, is it necessary for car manufacturers to exist? Nowadays, the performance of cars is constantly improving, but the service life is declining. That's the reason.
A few years ago, there was a compulsory scrapping system in China. If it ran for 15 years or 600,000 kilometers, it must be scrapped. It is also based on this consideration that durable goods are transformed into daily consumer goods. If people don't scrap their cars and use them all the time, car manufacturers will not survive, GDP will not increase and the efficiency of cars will not improve.
The sharp decline in car sales since last year illustrates this problem. Generally, if compulsory scrapping is abolished, people will have no incentive to change cars.
The same is true of industry. It was also a process when Japanese semiconductor defeated American semiconductor. The quality of semiconductor design in the United States is very good, which can be used for decades, but it is bulky and expensive. Japan's is particularly easy to break down, but the replacement is particularly fast, the price is low, and it can be iterated quickly. Finally, Japan's semiconductor industry has risen rapidly.
This is true in many aspects, such as roads, railways and bridges. With the current technology, it can be used for hundreds of years, but the general design life is not long. On the one hand, it is the consideration of cost. If the quality is particularly good, the price will be particularly high. Another convenience is the consideration of upgrading. The current design may not be suitable for future needs. It's best to meet the needs of the present, and don't bother people in the future, so as to save the demolition in the future.
Clothes, shoes and hats are all the same, and they are not worn out at all. But the more high-end luxury brands are useless, the same idea, turning durable goods into consumer goods, coupled with the constant changes in fashion trends, is to make you constantly eliminated. Despite the fashion cycle of several years, you can change clothes several times a year.
Computers, mobile phones and televisions are not easy to break down, but the software needs you to upgrade the hardware, and the hardware upgrade will promote the software upgrade, and so on. Let consumers have to buy in buy buy. 1080P changes to 2K, 2K changes to 4K, and 4K changes to 8K. Anyway, there is no limit to the upgrade.
Capitalists play this game smoothly, and ordinary consumers know that they have been slaughtered, but they can't blame others. Can only turn consumption into a driving force for making money.
If you spend more, you have to make money. If you earn more, you spend more. There is always not enough money when you chase after me.
1. The market value of Haidilao, which is also listed in Hong Kong stocks, is almost catching up with Xiaomi, which is crazy. The total market value of Haidilao is1918.6 million, and that of Xiaomi is 2190.22 million. Xiaomi's price-earnings ratio TTM (times) 17.37. The price-earnings ratio TTM of Haidilao is as high as 89.34. I think the prospect of Haidilao is limited, and Xiaomi has great potential.
2. The liquor industry is in a bad situation, and the State Council proposed a consumption tax reform plan. Part of the consumption tax items currently collected in the production (import) link will be gradually moved to the wholesale or retail link to expand local income sources and guide local governments to improve the consumption environment. The first is to carry out the pilot reform of mature products such as high-end watches, precious jewelry, jewelry and jade.
At present, liquor has not been included, but it is generally believed in the industry that liquor will start sooner or later. So the liquor industry fell first. The good opportunity to make up the position is still a pit, depending on the follow-up situation. I hold Yanghe shares. If it falls below 90, I will consider financing to buy it.
3. Four auto companies, Netchuan Cheetah, Zotye, Huatai and Lifan, will enter bankruptcy proceedings at the end of the year. It is estimated that the total bad debts of upstream and downstream auto parts suppliers' industrial chains will be about 50 billion yuan. Lifan Motor took the lead in making a false statement.
In the past two years, the whole automobile industry has been depressed, and many favorable policies have been introduced in recent years, but the effect is limited. Although the share price of Great Wall Motor I hold has risen by 50% this year, in the long run, the automobile is not a good industry to make money, so I will clear my position on rallies.