corimaith

6 ms·

31.
by corimaith 9mo ago
>This looks to be slowly changing for various reasons. Well, not really, because obviously that deprecation via buying government treasuries is balanced by the appreciation in the other currencies. But if everybody (large enough to matte
32.
by corimaith 9mo ago
>And who takes its place? Anybody who can (EU, Yuan) does not want to. Primairly because as export based economies, they want a weak currency in relation to a strong reserve (dollar) so they can make their goods more competitive, and als
33.
by corimaith 9mo ago
You do realise it is arthimetically impossible to balance all the desired export surpluses of the EU, China, Japan, etc together without the US as the demand sink right? Whatever adjustment comes is certainly going to require somebody to ac
34.
by corimaith 9mo ago
Literally every single one of Europe's prized industries are in the crosshairs of China's industrial ambitions.
35.
by corimaith 9mo ago
The export driven economies like China or the EU rely on the dollar to weaken their own currencies for competitive trade. Without it, natural FX mechanisms would naturally begin to appreciate their currencies and make their exports uncompet
36.
by corimaith 9mo ago
Keynsian economists are in favour of reducing global imbalances. While tariffs are a crude and disruptive tool to achieve it, the US ultimately can unilaterally close the gap. What is misleading is labeling a global system marked by large,
37.
by corimaith 9mo ago
They didn't. In the Bakerloo line there is no coverage save for wifi on stations, not on tracks.
38.
by corimaith 9mo ago
The moat for artists hasn't actually gone down though. Even for those in Patreon with their styles directly trained are raking the same subscribers they have.
39.
by corimaith 9mo ago
Isn't this the exact logic behind the stagnation in media right now? The risk aversion/stakes is so high that real risks aren't taken and we get bland sequel/remake slop. Ironically when media culture is at is at its hea
40.
by corimaith 9mo ago
From the perspective of an otaku, that's an ironic conclusion. The confusion regarding the neglected interiority was a conscious decision by the mainstream in the beginning was it not? That's perhaps not to say that the otaku life
41.
by corimaith 9mo ago
Coincidentally the USA is more than self sufficient in natural gas and is a net exporter. Drill baby drill!
42.
by corimaith 9mo ago
I always feel to place prices in context; Yes it does suck that 32gb DDR5 Ram is 300 dollars now, but comparatively a Magnus Pro XL table is $800 from the beginning. Furniture, Food, Clothes, etc are all at much higher marginal prices, its
43.
by corimaith 10mo ago
>Of course the point is to clamp down on figures Beijing doesn't like Tldr, its just full throated authoritarianism where I define local figures I don't like as "NSC" despite being no real threat to China while actual
44.
by corimaith 10mo ago
>the western intelligence hub into PRC That's kind the point of 1C2S and embassies/consulates in general. Nor do they need or would find the NSC law effective to clamp down on the US Consulate if they wished, this just personal
45.
by corimaith 10mo ago
There is no or ever has been a national security issue in one of the safest cities in the world. You could leave it in the doldrums for 50 more years and it wouldn't make a difference. On the other hand, has John Lee made any real prog
46.
by corimaith 10mo ago
> Not because of my school, not because of some special hook-up with the NBA, but because of my ability to grab a disproportionate share of 6'6" types who, in turn, make up a disproportionate share of world class basketball pla
47.
by corimaith 10mo ago
There are plenty of directionless people in Ivy League who aren't emotionally invested in the paths their parents sent them, they just go into Finance or Consulting. And in those places, pedigree does matter alot, the actual skills are
48.
by corimaith 10mo ago
No. Mossadegh was appointed by the Shah (who was still head of state), but his own autocratic actions such as dissolving parliament and giving himself autocratic powers pushed most political forces against him that a confrontation was inevi
49.
by corimaith 10mo ago
>That "consumption" is such a difficult thing to do is a preposterous idea, since you can always set things on fire. These theories are all make believe. Well if you believe so you can go present your findings to policymakers o
50.
by corimaith 10mo ago
>for free to the US would suddenly have a big existential problem No they're not sending it for free, the US dollars and IOUs are real and ultimately translated into maintaining the salaries of millions of factory workers. Thats the
51.
by corimaith 10mo ago
Yeah, try building a product nobody wants and let's see how long you stay solvent... Brush up on macroeconomics first maybe
52.
by corimaith 10mo ago
Read Michael Pettis
53.
by corimaith 10mo ago
Lol, the US deficits are what sustains the production of demand stricken surplus economies. Everything that has happened is the ultimate result of surplus countries doubling down on mercantalist investment than growing internal consumption.
54.
by corimaith 10mo ago
If people actually went to the Chinese language social media as it is instead of algorithimically curated media they would have alot worse opinion.
55.
by corimaith 10mo ago
The writing quality and complexity of amateur content, even long-form is only around the level of a YA novel, truth be told alot of the stuff I was reading back in junior high in my school library had more depth than this. It's good th
56.
by corimaith 10mo ago
>industrialised over a period of many decades even up to the modern day, for example Mexico. Pretty sure Mexico's GDP per capita was higher for quite a while, and their stagnation lied precisely in improper government interference t
57.
by corimaith 10mo ago
Equality =/= Freedom. It is perfectly possible to have high inequality but individual agency when operating in a positive sum game. If you want to critique unequal distribution of power, that has always been the case with any society.
58.
by corimaith 10mo ago
Virtually any country that achieves political stability and effective institutions experiences rapid development in the modern world with open knowledge and trade networks. There is nothing special about central planning in that manner tha
59.
by corimaith 10mo ago
>> they're more often than not held at a disadvantage by domestic governments I think you misunderstood this. When domestic competitor arise against American tech, the domestic government tends to explicitly favour those competit
60.
by corimaith 10mo ago
Except domestic alternatives to the tech companies you listed were not driven out by them, they still exist today with substantial market share. American tech dominance elsewhere has more to do a lack of competition, and when competition do

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