james22

That the immigrant population poses a very real security threat means Europe will (eventually) do something about it. If they were not, no matter the net drain, it'd be much, much harder to do anything. It'll be messy. And still leaves Europe with a demographic problem, of course.

What is increasingly clear, though, is that the Beijing of today will seemingly not much longer tolerate even the mild, limited capitalism that produced today’s economy. It was never really sustainable in their political context. Capitalism requires failure, change, “creative destruction.” Leaders have to take their hands off the wheel and let bad things happen. We have problems doing that even in the US. We keep bailing out failed banks, for example. What we should do is safeguard only the depositors while letting shareholders and unsecured creditors bear the losses. But that means people who made bad choices have to suffer. Even auto and steel companies. Xi Jinping has no problem letting people suffer, but he won’t let market forces decide who it will be. What if the market decides China needs new leaders? That’s unacceptable. The government will always have at least a thumb on the scale… and maybe a foot. https://www.mauldineconomics.com/frontlinethoughts/broken-china

My Vikings didn't win last weekend. Does that mean they didn't want to? I'm only expecting an experienced Trump will outperform the inexperienced. And that he'll act in his own self-interest. Doesn't seem too hopeful to me. How can hearing he asked: ‘Hey, can bitcoin do anything about the 35 trillion dollar debt?’ suggest anything other than he (for whatever reason) cares? But you believe what you want.

And surrounded by: Elon Musk - entrepreneur, owns bitcoin RFK Jr - owns bitcoin JD Vance - entrepreneur, owns bitcoin Vivek Ramaswamy - entrepreneur, owns bitcoin Tulsi Gabbard - owns bitcoin

He's better prepared. I expect the second term will be significantly more productive. Example (from 1:02:15):

Doesn't matter. He knows others do and knows he'd get great credit for solving the problem. There were limitations around what he could for much of the time and competing priorities once he was free to act. That he didn't free them says nothing about his interest in doing so.

Not that it matters, but I think you give the opposition too little credit. (cf. Fannie Mae/Freddie Mac)

I'm suggesting he'd like to get credit for solving the debt crisis and so would like to believe bitcoin will provide him the magic bullet rather than having to take more difficult options. Since his incentives align, I expect a Trump win will mean good things for bitcoin.

I agree with you, but maybe you missed the point?

Bailey then revealed what happened during the first time he met Trump to discuss the crypto policy of its campaign. . . . the first thing he asked me was like: ‘ Hey, can bitcoin do anything about the 35 trillion dollar debt?’ https://news.bitcoin.com/trump-interested-in-using-bitcoin-to-solve-the-us-national-debt-problem/

I now believe so as well. If you view politics as oppressed vs oppressor rather than good vs evil, I'll assume you've also elevated ESG metrics over profit and weigh your recommendations accordingly.

LOL

Do you believe it didn't happen?

You can get insurance as long as the perfume of the premium exceeds the stench of the risk . . . Poetry.

I thought the better criticisms: 1. There's no evidence hurricanes are increasing in frequency. 2. Even if older homes need be replaced sometime over the next twenty years, they only need be replaced once. New homes aren't vulnerable. 3. Most of waterfront home's value is in the land. Replacing older waterfront homes is not as expensive as its value. 4. There's unlimited demand for waterfront homes.

You're probably right. The OG thread had good criticisms in the comments:

Parker. Ever too hard upon great men, Mr. Marvel! Marvel. Little men in lofty places, who throw long shadows because our sun is setting: the men so little and the places so lofty, that, casting my pebble, I only show where they stand. They would be less contented with themselves if they had obtained their preferment honestly. https://quoteinvestigator.com/2024/10/14/cast-shadow/ https://www.mauldineconomics.com/order/plan/23130501