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Pretty much. I think he's too eager to write off certain things to paint a wholly American picture, but he's generally got it right. The China story is not as c
by spywaregorilla 4y ago
Pretty much. I think he's too eager to write off certain things to paint a wholly American picture, but he's generally got it right. The China story is not as clear. But the Europe picture is pretty plain. America is gonna eat it's lunch.
- UncleOxidant 4y agoI'm not sure we want to (or intend to) eat Europe's lunch - we'd like a fairly strong Europe. But yeah, for now Europe's lunch will be eaten.
- spywaregorilla 4y agoYes I agree on both points
- Bombthecat 4y agoEurope missed the train and train doesn't reverse when missing the station.. Energy and infrastructure are the venes of Europe which clocked and overstretched to the max. Something will need to give and it already begins by small bakeries closing and more to follow.. It wont end well. I don't believe we will have any growth in Europe for the next 3 years. Who is going to invest in Europe if energy is literally unpredictable and expensive?
- UncleOxidant 4y agoYeah, bakeries are energy intensive. Methane generation from sewage would be one way to (relatively quickly^) replace some of the natural gas that was coming from Russia. And as a side benefit fertilizer could be produced from the same sewage. ^ even so it would probably take a couple of years to get methane generation going at scale.
- bilsbie 4y agoOn the other hand we’ve managed to have bakeries for 1000s of years before most modern energy sources were discovered.
- UncleOxidant 4y agoWood is an option, but it will require a lot of wood to fire Europe's bakeries.
- lotsofpulp 4y agoUnless those bakeries can deliver baked goods at similar cost to bakeries using modern energy sources, the problem still stands of the populace having a downward shift in consumption and expectations of their quality of life , which typically has political ramifications.
- mancerayder 4y agoAre people blaming environmentalists for attacking nuclear energy all these years? France stuck to it, but Germany seems to have bowed to pressure. The lesson is always to dismiss idealists and ideologues in politics.
- Bombthecat 4y agoHalf truth, the green parties wanted a replacement, solar and wind. They only wanted gas as a switch off / switch on power source, you cant do that with nuclear. Instead, people protested also against wind and solar and we switched to cheap gas from Russia. Which the green parties didn't want at all..
- nus07 4y agoHow does India do in all this? Their software development salaries in tier 1 cities are close to 100k or more. Lots of friends going back .
- spywaregorilla 4y agoPretty poorly on food security. Energy situation won't be great. I would expect india to supplant China as the bogeyman over the next few decades
- bryanlarsen 4y agoWouldn't that be great? America can't seem to function without a bogeyman. The world would be so much a better place if the bogeyman was a democracy like India instead of China or Russia. Shift that Overton window!
- spywaregorilla 4y agoMy comment largely comes from India looking more authoritarian by the day, not to mention playing both sides of the Ukraine invasion.
- mensetmanusman 4y agoThey are behaving as expected since they are beholden to Russia for military equipment.
- xxpor 4y ago100K USD? That's wild. If you look at the GDP per capita ratios, that's like a dev in the US making $3.3 million
- deleted 4y ago[deleted]