Luke

Its an everlasting uparming that ultimately will lead to conflict, i also think the countries who have to engage in this kind of uparming will fall behind economically because it drains so much ressources. Its not smart from a diplomatic or economic perspective, with the reasonable diplomatic engagement institutions like the UN could serve their purpose of deescalation and dearming but you need people willing to do so. If you come in with a mindset of "its the game that is played lets go all in" of course nothing will happen but thats not smart frankly, my two cents.

Is the world safer when there are not only 12k nuclear warheads but 20k or 30k? And you then still have a M.A.D situation where both parties wont pull the trigger and just fight a conventional war that will still lead to infinite uparming, droneuparming etc. It never ends, nobody is safer afterwards, it costs a treasure that desperately needs to be invested in important things and it increases the total risks for everyone while leading to the possibility for even more brutal conflicts.

Yes, so soon military will be 50% of the annual budget and we need to build bases on mars to store all the tanks and nuclear weapons...you always have to prepare and the other guy is also preparing...there will always be evil and they only understand strenght...

But my gut tells me that Trump does not want to be a war guy and he and his administration have spoken a lot about the problematic expansionism of the US, like Vance. We will see whats going to happen...:)

This rulebased order could have only existed as long as the majority of countries globally were underdeveloped or continue to stay underdeveloped. This changed with china which was actually not what the US wanted i believe. I think we are now facing a future with much more growth and increased competition and that will be good for humankind. The UN was founded after WW2, i hope we dont need a WW3 to understand why it was founded...the UN is the only tool how we can lower military spending, increase mutual trust and move closer to each other instead of more and more distance and hostility that will ultimately end in escalation either by accident or by the wrong administration.

I think europe is incapable of organizing their military properly together, its much easier if there is a small chain of commands than a chain of command through 27 member states attached with X military personnel, constitutional differences, different electoral cycles etc. I think its best that the nations focus on their sovereignty, invest strategically in sectors with future potential and become experts in these fields that grow both their domestic economy but also are products that can be sold at high margin globally (see semiconductors, biotech, automachines etc), eventually some succeed and some wont and have to continue to sell their labor at low margin or be jobless and try to get up the value chain (the weaker southern countries for example). The Ukraine war is a showplace for the US and Russia and will end anytime soon, the billions of weapons where a waste of money and a waste of human life. There was the window of an even better deal in 2022 and it was neglected, just madness.

There is currently around 2.5T USD of cash spend annually on building out the military of states, thats capital which is almost completely wasted and cold metal sitting around doing nothing while we face (with the exception of china) severe underinvestment in infrastructure in basically any developed country. Now people come up with ideas of increasing that amount severely to protect us and make the world safer which leads to others doing the same in a never ending spiral. Just by this argument it becomes evident that building out the military does not lead to more peace but rather to malinvestment and the potential for bigger and bigger catastrophy, even just by accident. Thats why we need to elect leaders that are capable of developing international relations which all previous administrations of NATO, US whatever were incapable. The UN was already dismantled by previous US administrations with breaking the UN law over and over again, thats why BRICS is forming, thats why there are many states turning their back towards the "western alliance" and seek diplomatic relationship with China or at least continue to maintain them with russia. That trump is negotiating is great but he is unfortunately a mixed message, doing two steps ahead and two back at the same time. The US was never this peaceful hegemon under previous administrations that brought everyone together but rather played out everyone and only served its own interest and continues to do so, economically and military.

Isnt Alibaba also mainland listed now and can just buy back shares locally without this USD conversion problem?

The lead actor in this movie had the role of a lifetime, honestly, this was an oscar worthy performance and the movie overall was intense at all times, really stuck in my head, way better than reviews say IMO. Movie is even free on YT

Its a very nice company and they have access to a great talent pool...i own a tracker now too and is a joy to follow what breakthroughs they will come up with in the future.

I have learned a lot from pabrai, i also think he grew a lot as an investor and while coal has gone back from the parabolic moves last year, if those bets turn out well i think investors who held on to him will be rewarded...i also understand the critics

Why am I getting itchy feet that a major bullrun is developing in chinese stocks?....havent read any negative news for a while, focus is on current US administration and tariffs+ukraine. China aint looking bad here...

Gotcha.

China rocket today: Reason?