I'm not sure the whole "China is uniquely evil" idea that is expressed in these comments stands up to even the smallest scrutiny.
61 karma · joined August 26, 2017
I'm not sure the whole "China is uniquely evil" idea that is expressed in these comments stands up to even the smallest scrutiny.
Simple, just don't cooperate with western capitalists looking to plunder an area, a Cold War will be declared shortly after.
Someone that didn't visit the US was arrested for "breaking US law"...replace "US" with "China" and see how this sentence rings.
When a parasite finds a good host, the logic can get really warped.
The reason Bitcoin is valuable is because the work required to create one is significantly harder than Fiat currencies and it is one of the only truly scarce assets in human history (hard cap).
How much equipment do you need to counterfeit any fiat currency? Can you purchase the equipment for less than $10k?
Yes, easy.
How much equipment do you need to counterfeit Bitcoin? Can you purchase the equipment for less than $1 billion?
No, not easy.
You may think this is a trivial distinction but it has tremendous value knowing you have hard uncounterfeitable money with a hard cap.
The US treasury spends hundreds of millions of dollars a year fighting fake bills, that's only 1 of the dozen or so problems bitcoin solves. The second is that all the verification and security is done by the most powerful supercomputer in human history.
These things gives it its value.
Garbage company stocks, you can throw those in the trash if the central banks aren't busy helping pump them.
Hard money wins, soft money gets snuffed in the night.
I'm not as optimistic. History shows human nature tends to work as we expect when US economic/security interests are involved...
https://wikileaks.org/nsa-france/selectors.html https://wikileaks.org/nsa-germany/selectors.html https://wikileaks.org/nsa-japan/selectors.html
Wikileaks also showed us that US agencies were engaged in industrial espionage, stealing German/French industrial technology using the Five Eyes tools and giving it to GE & friends ...
The problem is, my more "reality-based" framing destroys the "China is uniquely evil" narrative that western media/gov is pushing everywhere for primarily economic reasons.
Points for transparency.
Next South Park should do an episode that shows how greedy western leaders running opium/heroin for the better part of now two centuries, turned the most populous country into a paranoid dictatorial hellhole for the Chinese people.
US introspection would be too on the nose?
You ever ask yourself what percentage of the heroin/opium supply would be pulled off the market if China could extradite people from HK? More than 50%... and who gets hurt by that?
From my understanding of the issue, Boeing just needs to stop the cost saving measures that led to needing software to stabilize an otherwise unstable plane.
China already has a crypto Yuan, there is no reason they can't use a Binance style exchange for frictionless worldwide direct investment in their companies.
China: You want to boycott investing in our companies? We'll route around your whole financial system and help make it obsolete. See what happens to the US economy when banks can no longer collect 20% fees on a growing percentage of the world population's transactions.
At the end of the day, this is the foundation of the problem.
https://en.wikipedia.org/wiki/Russell_%26_Company
The trading roster for opium dealing in China is a who's who of who founded this country and funded ivy league schools.
It's always funny when we ignore the mass murderer in the room and instead focus on China's quite measured response to crime.
Good that he asked... we all should more.
Extra $1,000 a month allows these homeless people to move to smaller/rural areas and get cheap permanent housing.
We can even create a program where if you help a homeless person on the street get into an apartment, you get a $250-500 referral reward from their dividend.
Many ways to incentivize people to help the homeless. This solution sounds better than increasing congestion/traffic with more high density buildings to house the homeless in SF,LA,SD city limits.
Not only does the US get to print the currency that oil is traded in willy-nilly. US also gets to export the resulting inflation (from excessive printing) to the rest of the world.
To fully understand China's economic path, you would at least need to study the economic terrain/decisions/outcomes starting in the 1750s-1800s.
Starting in the 20th century? Skipping the first 100 years of Western criminality in China is like talking about the Titanic sinking and ignoring the iceberg it hit.
Western powers collapsed Chinese/Indian/African trade routes. An industrial revolution is great, but it works even better if you murder/colonize/enslave all the competition.
Western powers engaged in industrial espionage and stole trade secrets (Ex. Notice the countries with tea industries (the most consumed beverage on the planet)? Almost all didn't exist before this UK crime in the 1800s). In fact Chinese leadership even offered tons of free tea (one of the most valuable commodities at the time) to the UK if they could just stop producing poison (opium) around the world. The UK ended up stealing tea production secrets from China instead of accepting this offer.
Western power's "opium as a way to avoid trade deficits" policy not only led to countless murders and abuses but also led to 30% of the under 25 population being addicted to opium in China. Even worse, when this turned into an epidemic, Christian missionaries then started giving opium addicts morphine and promoting it as a cure (not a doctor but quite sure that is adding gas to a fire).
Western powers (primarily US) gave the Japanese authorization to expand West into Asia in 1905, after all the drugging they did for the better part of a century (Teddy Roosevelt was a douchebag and his wealth was mostly inherited drug money, unpopular historical fact). If you don't know why Pearl Harbor happened, it is because we reneged on this secret treaty with Japan and assisted China in the 2nd Sino-Japanese war.
The problem with popularized historical narratives (very true in the US especially) is they can be manipulated and mischaracterized for propagandizing effect. Economic history, on the other hand, cannot be played with the same way and what originally was characterized as exceptionalism now we can see is just criminality on an unprecedented scale. We can track most of the opium money, domestic and international trade flows, and economic outcomes of these countries during this period more accurately and thoroughly than using any other set of data points, like political speeches/rhetoric etc...
Reminds me of something a popular 2020 candidate says regularly about retraining failures as automation arrives to suck up jobs.
UK might need a Yang like $1000 pound/month citizen's dividend.
There rise is not a fluke, this is an inevitability of the planet we live on, India is next and it will outperform China by the end of this century (like it did in the past, pre-British invasion).
General ignorance of world history in the West will make this transition harder than it needs to be for Western populations.
Does this inevitably lead to less domestic manufacturing? I think that's the outcome, yes.
This is the case for a global reserve currency that isn't controlled by any single country.