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> Would the U.S. ever take a similar approach? Would the US ever admit their exceptionalism is perhaps flawed? Would the Europeans ever admit their exceptiona
by f430 6y ago
> Would the U.S. ever take a similar approach?
Would the US ever admit their exceptionalism is perhaps flawed?
Would the Europeans ever admit their exceptionalism led to ignoring Taiwan's alarm bells?
I highly doubt it. They are not stupid, they know what's going on in China and they are not telling everybody else because they are worried of losing credibility as leaders.
Almost all of our current response assumes the Chinese Communist Party is capable of being transparent and honest.
This is what worries me but perhaps the Chinese money has too much sway on YC and Silicon Valley in general to realize you are all being led into a death trap.
Pay attention to January 6th very carefully. A few hedge fund managers I speak to tells me they are hedged for a potentially a massive shock.
Similarly, the market seems to show that Biden's increase in corporate/wealth tax will become a reality at a time when the market desperately needs lower taxes and less punishment for the wealthy.
Some extreme end of the hedge fund managers think that the USD is going to collapse but I believe that this is just another ploy by people who bought Gold years ago are trying to dump their positions on people who buy this shit up.
the USD will never be allowed to fail because the rest of the world's currency is backed by it.
- Ericson2314 6y agoOverall yes, but exactly what you mean by "China" here is highly ambiguous.
- Ericson2314 6y agoTo be fair, I would never count Taiwan as China, but I honestly don't know what > They are not stupid, they know what's going on in China and they are not telling everybody else because they are worried of losing credibility as leaders. means. The rest of the post is about Taiwan. Is the insinuation that the politicians know they controlled it better in Taiwan, the PRC, or both? Or is this about stuff in Xinjiang totally separate from quarantining?
- f430 6y agoChina as in Communist China
- Ericson2314 6y ago> Similarly, the market seems to show that Biden's increase in corporate/wealth tax will become a reality at a time when the market desperately needs lower taxes and less punishment for the wealthy. Huh? The savings rate for the rich zooming coworkers from the hamptons is huge. Yes, pursue counter-cyclic policies, but given the rich people unable to consume services as before, raising taxes on them is hardly pro-cyclic.
- vkou 6y ago> Almost all of our current response assumes the Chinese Communist Party is capable of being transparent and honest. Actually, all of our current response, up to this point assumes that if we half-ass our response to the pandemic, it will go away. "What China is doing" has largely stopped being relevant to anyone outside China in early/mid-February. As of today, China could have zero people testing positive, or a billion people testing positive, and it wouldn't matter one bit to our domestic planners - they'd just keep doing what they've been doing.
- f430 6y agoA simple litmus test here is: "Do you genuinely believe at face value China's statement that this virus originated from outside China" If the answer is yes, then you also believe the statement "China has zero cases since it stopped reporting them". Our responses are based on the numbers reported by the CCP, if you realize that there is now tens of millions of suddenly deactivated phone plans in a country where the smartphone is integrated into everyday life, on top of the millions of urns, one can connect the dots at the true nature, and its imminent danger. Example: As our Canadian Health minister quickly shot down criticisms of China's low case numbers as "conspiracy" and "racism", it absolutely is relevant to the decision makers who seem oblivious that they are quite possibly being lied to. Again. ( For a country that allowed the CCP to steal from their biggest telecom company and fund the rise of Huawei, it is absolutely puzzling as to why the US should trust Canada )
- vkou 6y ago> A simple litmus test here is: "Do you genuinely believe at face value China's statement that this virus originated from outside China" My answer? Probably not, but even if I did, it wouldn't matter. It doesn't matter what I believe about China. What matters is that the virus is here, and we're not dealing with it, and instead of pressing our governments' feet to the coals we are busy getting distracted by pointless nationalistic arguments about what is happening in a country that we have banned travel from. Let me say it again - it doesn't matter what's happening in China. It's not the reason for why our daily cases are rising. > millions of cell phone plans cancelled Allright, then. There is a mountain of reasons for why that would happen in the middle of a global recession, and a travel ban. Please consider applying the same skepticism to a wild-ass claim that was made in March, and has not since had any follow-up. (If we were to take it at face value, the entirety of China got the virus, all by March. Which is, of course, complete bullshit.) If you don't believe me, ask any five Chinese ex-pats about how their extended family's doing. Chances are near certain that they'll tell you that not a single one of their relatives got COVID. I personally know a lot more than five people from China. I've talked to them about COVID. Not a single one of their relatives have caught it this year. [1] [1] Meanwhile, much of my extended family in Eastern Europe, plus a few people they know got it. Funny, that...
- deleted 6y ago[deleted]
- xxpor 6y ago> the market desperately needs lower taxes and less punishment for the wealthy. lmao. What world are you living in? The wealthy have never had it better at any point in history.