maxglute

29 ms·

541.
by maxglute 10mo ago
PRC lending their USD surplus to countries to buy more PRC shit. "Increases demand for dollar-denominated assets, goods and service" =/= increase demand for US treasury, aka it doesn't fund US deficits. The attack is not
542.
by maxglute 10mo ago
Dollar dominance erosion shifting towards dollar inertia. Post RU sanctions dollar lost much of it's leverage (as geopolitical weapon), i.e. actual useful dominance function (transaction panopticon, sanctions)while still retaining most
543.
by maxglute 10mo ago
Going to enjoy holidays after one effort post. Only 1 of 2 extremely large country has gotten reasonably developed while starting from same level, hint: it's not India. Nigeria useful measure, because Nigerian income level is comparabl
544.
by maxglute 10mo ago
Tldr, comprehensive house cleaning to excise 20 years of built up treason tumor. Why didn't Beijing concentration camped Jimmy Lai and Legoco compradors pre NSL? Why did they wait for them to push HK sanctions (no real threat amirite)
545.
by maxglute 10mo ago
If by head-canon you mean political/legal reality under pre/post NSL. Anomalously large 1000+ employee consulate scale for city of 7m is you know... intelligence node. Of course the point is to clamp down on figures Beijing doesn&
546.
by maxglute 10mo ago
>I have no idea Yes, it shows. 11th hour liberalization was the spiked punch that subverted/prevented PRC from doing useful reforms, like (patriotic) education (MNE / moral national education in 2010s), getting rid of colonial
547.
by maxglute 10mo ago
dead comment from @wibby: >(1) man I hate this type of pol-speak (2) you're either incompetent or disingenuous if you think national security law is anything but a euphemism for 'we can throw you in jail if you criticize us&#x2
548.
by maxglute 10mo ago
TBH the fact renewables haven't or can't cut big cheques to change Trumps mind is a little baffling. Surely he can double dip from big oil and small renewable.
549.
by maxglute 10mo ago
Or surely PRC should get all the praise for diffusing geopolitical traps UK like to leave whenever they lose a colony. Patton threw a curve ball right before handover to last minute liberalize HK a little to hold onto influence, something t
550.
by maxglute 10mo ago
Yes, some cohorts are more useful than others for nation building, that's just reality, especially if excess mouths are net drains relative to national resource available. Too much excess and not just useless but actively detrimental t
551.
by maxglute 10mo ago
> safest cities in the world What does that have to do with national security? Public order =/= national security. National security is HK having one of the largest US consulates in the world because it was widely recognized as the
552.
by maxglute 10mo ago
I guess AB test some other schools that spends 5m on counselling instead of security.
553.
by maxglute 10mo ago
Just give me a side taskbar pls.
554.
by maxglute 10mo ago
TBH UK never had the chance because PRC saw through their games. TLDR UK wanted to maintain influence post handover for their investments, but like most other colonies on the fading empire they had no leverage, i.e. negotiate to turn HK int
555.
by maxglute 10mo ago
1Country2Systems is still in place, just the version that was always meant to be, not the lie western propaganda sold. HK failed their half of 2System by not implementing national security law on their accord after 20 years of failures and
556.
by maxglute 10mo ago
They prebuild 10 years of housing runway but still have another 10 years, aka 100m+ housing shortage for urbanization goals. They realize they got overzealous and was venturing in bubble and and intervened during boom vs after collapse. AKA
557.
by maxglute 10mo ago
>"Can do" assumes "able to do" > industrialized/advanced approaches everything Can do, does not in fact translate to able to do, for advanced/industrialized economies. It takes about 150k workforce to bui
558.
by maxglute 10mo ago
The PRC motto is not about "can do", it's about "able to do". Can Palau build a commercial airliner when Boeing and Airbus workforce is 10x their population? No that's simply out of their reach. That's rea
559.
by maxglute 10mo ago
I don't think entire machine, more components to keep current machines, some export controlled after purchase, running.
560.
by maxglute 10mo ago
Long term is after you and I die, before that they'll reap the greatest high skill demographic dividend in human history that can put everyone else in a bad place long term first.
561.
by maxglute 10mo ago
It's the story the new generations tell themselves that's taken hold last few years. IIRC context is SMEE chairman (maker of PRC litho machine) said EUV is made by man, not god. Became rally for PRC industry and national confidenc
562.
by maxglute 10mo ago
Diversity is just short hand for US needs to brain drain from around the world, the success is system that disproportionaly increase size of US skilled workforce vs rest, so people better play nice with each other (worked well until not). W
563.
by maxglute 10mo ago
I poorly paraphrased profits converge to zero under perfect competitive market. Yes real world not perfect competitive markets. Oligor/duo/monopolies form, sometimes subsidies other shenanigans pick winner(s), winners extract huge
564.
by maxglute 10mo ago
Free markets suppose to compress margins, perfect market theoretically drive profits down to zero (aka involution). But you compress margin and you lose current western semi business model that is functionally monopoly suppliers/produc
565.
by maxglute 10mo ago
Also Texas Instruments, STMicro, Onsemi, Microchip Tech, i.e. what PRC is doing after going big in mature nodes last few years they likely will also do in leading edge. IMO there's argument that since leading edge will definitely be st
566.
by maxglute 10mo ago
Nowhere close, but pace now seems faster than estimated, i.e. original western estimate is they won't even get EUV prototype up until 2030s. Right now their chips are already "economically" competitive, as in SMIC is starving
567.
by maxglute 10mo ago
Yeah PRC probably going to dump 1T into indigenize semi efforts by end of decade, but IMO good chance they're going to treat strategic semi as commodity utility business than make NASDAQ lines go up model. When western semi has 1st tie
568.
by maxglute 10mo ago
Most of that entire network is easy to replicate, as in it's not technically hard, the hard part is validation, no one in PRC wants to use unproven PRC inputs if risk is 100m wafer run goes to trash. Hence PRC now basically insuring do
569.
by maxglute 10mo ago
Well real question is how much would that limit PRC talent from working abroad. PRC will be producing plurality of STEM / high skilled talent for decades. They're going to be the only country with project intergrated circuit talen
570.
by maxglute 10mo ago
Yes, the entire point is their population denominator so large that, past 20 years of birth + ongoing shit tier TFR still gives them incredible technical talent generation advantage now that they sorted out tertiary and industry pipeline. T

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