"You've got a population that's considerably older than the vast majority of the youth in Europe, that is too old to work," Biden told Time.
I believe this is known as a tautological statement.
He's a member of the American Tautological Society of Saying Things Twice of America that he belongs to.
I'd call it an octogenarian brain fart
I've been hearing that one for 15 years or 4 recessions
Warns? This is a bad thing?
Yes, unironically. America and China are rivals on the world stage, but the world is deeply interconnected - if China's economy takes a dive, it's bad for everyone; just as it would be if India or the US's economy took a dive.
And China might suddenly collect on US debt.
Wait...
So why do we keep banning their electric cars and completed solar panels?
If their economy is crumbling, why do t we let Americans buy their cheap green products as climate change is a pressing issue that we cant afford to wait to address?
I don't see logical consistency here...
Because dumping cheap equipment hurts everyone in the long run. It damages the research pipelines, it damages production capacity, and it risks public safety.
It's essentially a method to create a monopoly that you can then exploit later.
I think the issue is I said "cheap" meaning "inexpensive".
And you've taken it to mean "low quality".
BYD is surprisingly high quality, as is their solar panels.
For the panels specifically, we can completed units for consumers, but allow the pieces imported with a tarrif and then put together and sold at a drastically higher price.
I meant cheap as in subsidized, these panels are being sold below what the normal market conditions would warrant due to interference from the Chinese government.
This is what's being used to push the harms I mentioned.
They're not tho...
It's just their corporations are ok making less money than an American corporation.
So the American government is eliminating the competition for the American corporations.
Which fucks over everyone that doesn't own stock in those corporations in favir of those who do.
"Their corporations are ok making less money"
I have so many bridges to sell you
The People's Capitalist Greed (it's not as bad we pinky promise)
Making it crumble is the point. The sanctions and whatnot are working. Mission accomplished. God this is so stupid.
The difference is China doesn't give a fuck about its aging population. Once it gets it's hands on Taiwan, the US isn't the defacto world power any more.
Unless china can peacefully occupy Taiwan, that won't be the result.
The result will be that TSMC et al will blow up the fabs. At which point basically the entire world is screwed and china is not any better off relative to where they started.
Reunification can only happen after China gains the ability to chose its own leaders. Otherwise the Chinese leaders can never be trusted. When the reunification happens, I think that Taipei should be the capital of China for the first 10 years or so since that is where the experience in democracy is located.
No, it would have to be Beijing, or at least Nanjing. The name "Beijing" literally means "northern capital". Nanjing means "southern capital". Other cities do not have the cultural cache to be the capital of China. It would be like France having a capital other than Paris.
So rename them to whatever "Donkey's Ass" is in Chinese rofl
What the hell kind of nutso idea is that? "No, it has to be the capital because that's the name"
Do you know what the capital of New York is? It's not NYC. It's Albany. Just because a city has "cachet" doesn't mean it should be the seat of government.
I'm saying that Beijing has legitimacy in the eyes of the people of China, and has had that legitimacy for at least 1700 years. Forget Albany. You have to look at this from the point of view of a country that thinks it's thousands of years old (rightly or wrongly). The capital of Italy is Rome, and it will always be Rome.
All you people from old countries should learn something from Americans: stop being shackled by your past.
Saw on the other comment that this is because of the Saudi oil announcement? Is that right?
The 50 year agreement between the US and Saudi Arabia to only trade oil in USD is coming to an end. After June 9 SA can trade oil in any currency
And that marks the end of the USD as the world’s de facto reserve currency?
No but it is the first step. If countries no longer have to purchase oil from OPEC in US dollars and they're able to use their own local currency to purchase oil, that will be the end of the US dollar being the world's reserve currency. The petrol dollar has had a stranglehold on other countries for decades because it required them to purchase oil that they needed in US Dollars.
The only economy on the brink is the US. China was one of only 3 that grew GDP and outpaced inflation the last several years, where wages outpaced inflation.
I believe this is known as a tautological statement.
He's a member of the American Tautological Society of Saying Things Twice of America that he belongs to.
I'd call it an octogenarian brain fart
I've been hearing that one for 15 years or 4 recessions
Warns? This is a bad thing?
Yes, unironically. America and China are rivals on the world stage, but the world is deeply interconnected - if China's economy takes a dive, it's bad for everyone; just as it would be if India or the US's economy took a dive.
And China might suddenly collect on US debt.
Wait...
So why do we keep banning their electric cars and completed solar panels?
If their economy is crumbling, why do t we let Americans buy their cheap green products as climate change is a pressing issue that we cant afford to wait to address?
I don't see logical consistency here...
Because dumping cheap equipment hurts everyone in the long run. It damages the research pipelines, it damages production capacity, and it risks public safety.
It's essentially a method to create a monopoly that you can then exploit later.
I think the issue is I said "cheap" meaning "inexpensive".
And you've taken it to mean "low quality".
BYD is surprisingly high quality, as is their solar panels.
For the panels specifically, we can completed units for consumers, but allow the pieces imported with a tarrif and then put together and sold at a drastically higher price.
I meant cheap as in subsidized, these panels are being sold below what the normal market conditions would warrant due to interference from the Chinese government.
This is what's being used to push the harms I mentioned.
They're not tho...
It's just their corporations are ok making less money than an American corporation.
So the American government is eliminating the competition for the American corporations.
Which fucks over everyone that doesn't own stock in those corporations in favir of those who do.
"Their corporations are ok making less money"
I have so many bridges to sell you
The People's Capitalist Greed (it's not as bad we pinky promise)
Making it crumble is the point. The sanctions and whatnot are working. Mission accomplished. God this is so stupid.
The difference is China doesn't give a fuck about its aging population. Once it gets it's hands on Taiwan, the US isn't the defacto world power any more.
Unless china can peacefully occupy Taiwan, that won't be the result.
The result will be that TSMC et al will blow up the fabs. At which point basically the entire world is screwed and china is not any better off relative to where they started.
Reunification can only happen after China gains the ability to chose its own leaders. Otherwise the Chinese leaders can never be trusted. When the reunification happens, I think that Taipei should be the capital of China for the first 10 years or so since that is where the experience in democracy is located.
No, it would have to be Beijing, or at least Nanjing. The name "Beijing" literally means "northern capital". Nanjing means "southern capital". Other cities do not have the cultural cache to be the capital of China. It would be like France having a capital other than Paris.
So rename them to whatever "Donkey's Ass" is in Chinese rofl
What the hell kind of nutso idea is that? "No, it has to be the capital because that's the name"
Do you know what the capital of New York is? It's not NYC. It's Albany. Just because a city has "cachet" doesn't mean it should be the seat of government.
I'm saying that Beijing has legitimacy in the eyes of the people of China, and has had that legitimacy for at least 1700 years. Forget Albany. You have to look at this from the point of view of a country that thinks it's thousands of years old (rightly or wrongly). The capital of Italy is Rome, and it will always be Rome.
All you people from old countries should learn something from Americans: stop being shackled by your past.
Just like the Russian pipeline got blown up, those fab labs will be smouldering dust. https://youtu.be/OS4O8rGRLf8?t=91
Breaking news: Man with lifetime stutter, stutters.
And coming up at 11: Water is wet, criminal found guilty, baby cries.
No, the US is the defacto world power because the US Dollar is the default reserve currency.
Not after June 9
You mean the date that people on Twitter keep throwing around? I've yet to see a credible source back this claim up.
Saw on the other comment that this is because of the Saudi oil announcement? Is that right?
The 50 year agreement between the US and Saudi Arabia to only trade oil in USD is coming to an end. After June 9 SA can trade oil in any currency
And that marks the end of the USD as the world’s de facto reserve currency?
No but it is the first step. If countries no longer have to purchase oil from OPEC in US dollars and they're able to use their own local currency to purchase oil, that will be the end of the US dollar being the world's reserve currency. The petrol dollar has had a stranglehold on other countries for decades because it required them to purchase oil that they needed in US Dollars.
The only economy on the brink is the US. China was one of only 3 that grew GDP and outpaced inflation the last several years, where wages outpaced inflation.