crs223

I don't see why Xi has to figure out how the US does things in order to lead his country. Even so, I doubt Xi is dumb or otherwise incapable of understanding any complex topic, including "how the free markets operate".

I need to stick to my day job writing software… thanks Bill!

this is true but also keep in mind these guys had an agenda: if the fed lowers rates (due to waning inflation or otherwise), the banks will get a “boost”.

I once got a loan from Toyota to buy a car. the loan was “immediately” issued through Wells Fargo. I doubt Toyota of Springfield originated the loan and immediately sold it to WFC. I assumed this is what the podcast was talking about.

going forward, i hope they shut off the power whenever the wind speeds exceed 20 mph.

I feel totally “blessed” but not rich. i love my job. ride my bike to work (10 miles each way), have no car (wife does), play basketball three times a week during the work day, and can buy everything i want (but i’m happy with an ancient iphone and a bike). Bonus: company is employee owned and I’ve got 1% of it… i feel like i own the place. double-bonus: i’m in Santa Barbara. perhaps i’m just deluding myself, but I believe my job is the source of most of my day to day happiness. keep the delusion going!

that’s a fun list. also fun: consider what that list looked like 100 years ago. everybody is rich today! comical at the airport how livid people get about their delayed flight….most powerful emperor not too long ago would have paid anything for a seat on that delayed flight!

How does the govt calculate financial aid for kids going to college? is quitting your w2 job before college a viable strategy? how does govt decide who is eligible? Id love to get free college, electricity, healthcare, etc in exchange for quitting my job! ha! I bet i could get some housing subsidies too. $California!

They could try this: kidnap Alibaba’s CEO then demand a few billion in “common prosperity” reparations.

I disagree that US uses propaganda. US schools don’t say the pledge of allegiance, half the country openly hates whichever president is in power, and a good chunk think US is rotten/evil/racist to its core. China disappears people that say the banking system needs reform. My guess is that there is a benefit to blind/brainwashed allegiance to a country, but that could just be my propaganda talking: united we stand, divided we fall.

I agree. China is strong and US is right to be scared/reactive/proactive. China is not going to slunk away — despite poor demographics, human atrocities, IP theft, and other common criticism.

China is a strong country and it is getting stronger, both financially and militarily. This is very upsetting to the US and many Americans. Attacking Luca as a communist because he doesn’t share your hysteria to Chinese atrocities is disgusting, IMO. How wonderful it is for the Chinese that we are caught up calling each other communists/transphobes/etc instead of doing anything impactful.

The US thinks China is not just a threat, but a growing threat. if there were any evidence China is in decline, the US would not be waging economic/tech war. US actions send a clear message: “China is getting more powerful and the US is scared.”

US stance against China (chip/tech) is because China is a threat. China is getting stronger. This is obvious to me at least. If it turns out that US stance against China is the right thing (aka it improves the position of the US in the long term) then i will be blown away and gain newfound respect for our politicians. I hope this is the case. China is pumping out well disciplined STEM grads at 10x the rate of US. US students are focused on proper pronouns and denouncing their own country. Has the US done enough homework that it has figured out to strategically hurt China in the long term? Is “chip exports” the silver bullet? If so, I will give high praise to US leaders. I would love to be a fly on the wall of the CCP to understand the true impact of chips/Apple/etc. I don’t see how ethnic imprisonment or COVID are related to any of this “cold war”. I doubt the generals/IC/politicians care one bit about the victims.

I’ve already forgotten what the Chinese response was. The “island visit” was blatant antagonism. Not saying the US was wrong, but let’s call it what it is.

question i would ask your friend: “what mistake would these unemployed attribute to CCP? Punishing BABA and shareholders? COVID lockdowns? losing american customers?” I would ask that to get a sense of what the CCP might improve to stave off more protests.

after watching the DJCO meeting, i bought the smaller box of peanut brittle and polished it off over 24 hours. Then a headache developed that lasted four days. I’ve never had anything like that happened to me. Pretty scary. Not doing that again.

That was an excellent article, thank you for sharing. Might be the best news article i’ve ever read — packed with information — i never knew how all this worked. Sounds like China sent a message to all their banks: make loans to these countries. Now that the loans are going bad, the banks don’t want to, and perhaps cannot stand to, take losses. Perhaps the CCP will help with a bailout… or perhaps BABA-style just order the banks to pay up. Also interesting how this plays into the international community with the secret “first in line” manipulations. Wow… are all fortune articles like this?

That could be said for any country, state, county, city, or even company.

Scary. What can US do besides complain about human rights abuses and patent infringement. We hear that the birth rate is going down… but they’ll pop out 100 million new STEM grads while we wait for that.

Unfathomable that non-american-behavior could succeed, yet here we are. Each decade china getting stronger while US scratches its head. Maybe they’ll implode soon “USSR Style”.

What a shame that all that knowledge just disappears. Same with people retiring… brains just fill up with so much experience and then poof they are gone. Thank you for being a great teacher Sam!

i can understand that Apple would have a hard time becoming a bank and creating money out of thin air. But would apple have a hard time doing what VISA does? AFAIK VISA develops POS terminals and facilitates secure authorizations and transactions between banks and merchants.

according to the graphic, teen deaths from all sources went up. even teen deaths from COVID, car accidents, guns, suicide and poison. I don’t see how the common root cause is TV or guns.