Political Posts

[Parsad]

1 hour ago, Spekulatius said:

Ruble not doing that great any more:

 

https://finance.yahoo.com/news/ruble-crashes-100-per-dollar-061022584.html

 

Cheers!

[Spekulatius]

2 hours ago, mcliu said:

Prioritizing foreign wars over well-being of citizens seems somewhat late-stage empire.

 

https://www.foxnews.com/media/biden-rebuked-ignoring-deadly-maui-wildfires-prioritizing-ukraine-american-people

This is actually a great example how MSM (in this case Fox) spins a narrative to their liking. The Maui fire and the Ukraine aid have nothing to do with each either.

 

A disaster was declared right away which opens federal help provided the State asks for it. There is absolutely nothing that won’t be done in Maui because of the Ukraine war aid.

https://www.whitehouse.gov/briefing-room/presidential-actions/2023/08/10/president-joseph-r-biden-jr-approves-hawaii-disaster-declaration-3/

 

That does not prevent Fox News to connect some completely separate  issues in a way that fits their own narrative and bias and creates a story out of nothing.

Edited August 15, 2023 by Spekulatius

[Fundmanagerthrwawy]

On 8/8/2023 at 3:46 AM, ValueArb said:

Looks like the UK will be forced to pull out of the coalition and stop helping Ukraine, because they have given so much aid that they are starving and reduced to eating squirrels.

 

https://www.businessinsider.com/russia-tv-skabayeva-uk-reduced-eating-squirrels-ukraine-military-aid-2023-3

That might be the stupidest thing I have ever read. Not too shocked that it has come from business insider though. 

[Fundmanagerthrwawy]

6 hours ago, Luca said:

And thats where we disagree. In my opinion we dont live under capitalism, we have STATE capitalism eveywhere, also in the US and also in China, with differing strenght of intervention. 

 

Pure capitalism would self implode and will never work, unregulated markets will self implode. 

Pure Capitalism does not work. I don’t even think it’s truly possible. The system breeds monopolies over and over again. Nobody in their right mind wants pure capitalism. 

[Fundmanagerthrwawy]

56 minutes ago, Parsad said:

 

Not as many North Americans want to emigrate to Europe compared to how many Europeans want to move to the U.S.  Does that mean Europe isn't as livable as the U.S.?!  

 

Cheers!

This is true. So many Europeans are backing bags moving to the US (Most will return within 5-10 years) compared to the other way around. With that being said, excluding higher wages, I am not too sure why? Quality of life here is far superior in my opinion and experience. Though I guess it comes down to personal preferences. 

Best

[james22]

1 hour ago, Parsad said:

Does that mean Europe isn't as livable as the U.S.?!  

 

I'd take it to mean, on balance (if you haven't already got it made), Europe doesn't offer the opportunities the US does.

[james22]

32 minutes ago, Fundmanagerthrwawy said:

So many Europeans are backing bags moving to the US (Most will return within 5-10 years) compared to the other way around. With that being said, excluding higher wages, I am not too sure why? Quality of life here is far superior in my opinion and experience. Though I guess it comes down to personal preferences.

 

 

Where would you HQ your start-up?

 

[Fundmanagerthrwawy]

16 minutes ago, james22 said:

 

 

Where would you HQ your start-up?

 

Germany, maybe London, or potentially Boston.

Edited August 15, 2023 by Fundmanagerthrwawy

[james22]

31 minutes ago, Fundmanagerthrwawy said:

Germany, maybe London, or potentially Boston.

 

In 2019-2020; I had the chance to be in Silicon Valley for a year. Working for startup accelerator, biotech incubator and go to around 130 conferences / meetup. I met VCs, Academics from Stanford, Berkeley, Serial Entrepreneurs, Tech Workers working for Google, IBM, Amazon, Scientists working for Genentech, Pfizer, Bayer, Merck and more.

 

I could clearly see the insane difference in terms of culture and what success looks like. Being an entrepreneur there and building company is everything while is Europe it is just starting. . . .

 

The 2022 StartupBlink report reveals that the US maintains its dominance in the startup economy with a score four times greater than that of the UK, the second-ranked country. Sweden tops the list of successful startup ecosystems in Europe, followed by Germany and France. Despite being ranked as the 9th best startup ecosystem globally, France’s output is only 1/10 that of the US. 

 

https://mikelmangold.com/usa-vs-europe/

[aws]

 

2 hours ago, Spekulatius said:

This is actually a great example how MSM (in this case Fox) spins a narrative to their liking. The Maui fire and the Ukraine aid have nothing to do with each either.

 

A disaster was declared right away which opens federal help provided the State asks for it. There is absolutely nothing that won’t be done in Maui because of the Ukraine war aid.

https://www.whitehouse.gov/briefing-room/presidential-actions/2023/08/10/president-joseph-r-biden-jr-approves-hawaii-disaster-declaration-3/

 

That does not prevent Fox News to connect some completely separate  issues in a way that fits their own narrative and bias and creates a story out of nothing.

 

And if he were there since day one personally handing out aid, they would say he's just doing it to distract from the house GOP inquiry into his family, or Hunter Biden's latest legal woes, etc.

[tnp20]

6 hours ago, Luca said:

Yep! appreciate your posts a lot @tnp20, good to hear i am not completely alone here,

 

You should not feel comfortable because I am on your side and you are challenged on all sides. You should feel comfortable because your independent research tells you so. People should stop reading media (stimulation as WB likes to say) , start talking to people on the ground and get many different perspectives as you can. The situation is always more nuanced than portrayed by the media. Media always has an agenda and "what bleeds leads" as they say so negative news are blown out of perspective and there in always lay the opportunity.

 

My research says there are long term bargains  to be had in China. Xi will be gone in a few years. Its possible they get a worse idiot after that but something tells me after Xi, they will err towards more mainstream person. Good business will continue to thrive. China needs foreign investors and their markets to work but they will do it on their own terms...whether those terms are sufficient for investors to make money is the question. Domestic investors have really no other place to go than the stock market these days and increasing stock market boosts confidence and consumption.

 

 

This old WB video is good to watch when you are feeling lonely....

 

https://www.investmenttalk.co/p/i-might-not-swing-for-two-years?utm_source=substack&utm_medium=email#media-76e5a35e-4643-4149-a7be-7421550fb829

 

 

[mcliu]

4 hours ago, Spekulatius said:

This is actually a great example how MSM (in this case Fox) spins a narrative to their liking. The Maui fire and the Ukraine aid have nothing to do with each either.

 

A disaster was declared right away which opens federal help provided the State asks for it. There is absolutely nothing that won’t be done in Maui because of the Ukraine war aid.

https://www.whitehouse.gov/briefing-room/presidential-actions/2023/08/10/president-joseph-r-biden-jr-approves-hawaii-disaster-declaration-3/

 

That does not prevent Fox News to connect some completely separate  issues in a way that fits their own narrative and bias and creates a story out of nothing.

 

Fox spins narratives against Biden.

CNN spins narratives against Trump.

Both spinning narratives against China & Russia.

 

While the article is BS, the premise that the US wastes too much resource on costly foreign intervention instead of fixing domestic issues is not wrong.. The US is facing: Record high debts, deteriorating health, opioid/fentanyl crisis, failing infrastructure, poor roads, poor airports, poor subways, poor trains, major homelessness and crime problem in urban areas, weak & inconsistent public education.

Why is this happening in the richest & most powerful country in the world?

[Parsad]

4 hours ago, james22 said:

 

I'd take it to mean, on balance (if you haven't already got it made), Europe doesn't offer the opportunities the US does.

 

From what I've seen in China...there is as much opportunity there as there is here.  The only problem is that anything you own today, might not be yours tomorrow. 

 

But in terms of making it...I'm guessing 500M Chinese that hit upper middle class in the last 20 years would disagree with you!  And even those that want to come to the U.S., aren't going to stop doing business in China. 

 

Just like you had "astronauts" from Hong Kong in the 90's (flying to Hong Kong and back to North America every weekend), you have Chinese "astronauts" who move their family to the U.S./Canada/elsewhere for the lifestyle, but fly back and forth every weekend for work and their business.

 

Cheers!

[Parsad]

3 hours ago, james22 said:

 

In 2019-2020; I had the chance to be in Silicon Valley for a year. Working for startup accelerator, biotech incubator and go to around 130 conferences / meetup. I met VCs, Academics from Stanford, Berkeley, Serial Entrepreneurs, Tech Workers working for Google, IBM, Amazon, Scientists working for Genentech, Pfizer, Bayer, Merck and more.

 

I could clearly see the insane difference in terms of culture and what success looks like. Being an entrepreneur there and building company is everything while is Europe it is just starting. . . .

 

The 2022 StartupBlink report reveals that the US maintains its dominance in the startup economy with a score four times greater than that of the UK, the second-ranked country. Sweden tops the list of successful startup ecosystems in Europe, followed by Germany and France. Despite being ranked as the 9th best startup ecosystem globally, France’s output is only 1/10 that of the US. 

 

https://mikelmangold.com/usa-vs-europe/

 

In today's world, you can build a startup just about anywhere in the world and make it a success.  There is no reason why an entrepreneur cannot build a successful unicorn just about anywhere.  Cheers!

[ValueArb]

8 hours ago, mcliu said:

Prioritizing foreign wars over well-being of citizens seems somewhat late-stage empire.

 

https://www.foxnews.com/media/biden-rebuked-ignoring-deadly-maui-wildfires-prioritizing-ukraine-american-people

Most of our military aid to Ukraine is obsolete equipment we never planned to use pulled from long term storage depots. The idea they are actually worth the billions we’ve claimed is suspect. Even if they are the $50B or so we’ve doled out so far is roughly 0.5% of total federal spending since the war started.

 

There is no either or scenario here.

[John Hjorth]

10 hours ago, Spekulatius said:

This is actually a great example how MSM (in this case Fox) spins a narrative to their liking. The Maui fire and the Ukraine aid have nothing to do with each either.

 

A disaster was declared right away which opens federal help provided the State asks for it. There is absolutely nothing that won’t be done in Maui because of the Ukraine war aid.

https://www.whitehouse.gov/briefing-room/presidential-actions/2023/08/10/president-joseph-r-biden-jr-approves-hawaii-disaster-declaration-3/

 

That does not prevent Fox News to connect some completely separate  issues in a way that fits their own narrative and bias and creates a story out of nothing.

 

5 hours ago, mcliu said:

 

Fox spins narratives against Biden.

CNN spins narratives against Trump.

Both spinning narratives against China & Russia.

 

While the article is BS, the premise that the US wastes too much resource on costly foreign intervention instead of fixing domestic issues is not wrong.. The US is facing: Record high debts, deteriorating health, opioid/fentanyl crisis, failing infrastructure, poor roads, poor airports, poor subways, poor trains, major homelessness and crime problem in urban areas, weak & inconsistent public education.

Why is this happening in the richest & most powerful country in the world?

 

It may also be related to time of the year about news in general :

 

Danish : Wikipedia : Agurketid [Danish 'Agurketid' translated to English : Cucumber time,

German : Saurgurkenzeit [ ],

English : Wikipedia : Silly Season.

 

- - - o  0 o - - -

 

But with that said, yes , the silence around the war has become almost resounding recently ...  , perhaps MSM grabbing for straws, or making things up, to fill the pages.

Edited August 16, 2023 by John Hjorth

[Fundmanagerthrwawy]

12 hours ago, james22 said:

 

In 2019-2020; I had the chance to be in Silicon Valley for a year. Working for startup accelerator, biotech incubator and go to around 130 conferences / meetup. I met VCs, Academics from Stanford, Berkeley, Serial Entrepreneurs, Tech Workers working for Google, IBM, Amazon, Scientists working for Genentech, Pfizer, Bayer, Merck and more.

 

I could clearly see the insane difference in terms of culture and what success looks like. Being an entrepreneur there and building company is everything while is Europe it is just starting. . . .

 

The 2022 StartupBlink report reveals that the US maintains its dominance in the startup economy with a score four times greater than that of the UK, the second-ranked country. Sweden tops the list of successful startup ecosystems in Europe, followed by Germany and France. Despite being ranked as the 9th best startup ecosystem globally, France’s output is only 1/10 that of the US. 

 

https://mikelmangold.com/usa-vs-europe/

If I had a start up I’d much prefer me and my staff working in Germany or the UK than anywhere in the US. Like I said it’s mostly personal opinion I don’t care for the ‘ecosystems’ of the countries. If you have a good plan and provide value you’ll be successful no matter where you have a HQ.  

[Fundmanagerthrwawy]

8 hours ago, Parsad said:

 

In today's world, you can build a startup just about anywhere in the world and make it a success.  There is no reason why an entrepreneur cannot build a successful unicorn just about anywhere.  Cheers!

Exactly. The idea that the US is the only place to start a successful company is strange. I’d prefer to HQ in Europe as I believe there’s a better quality of life, better for travelling, and less stressful. That’s no slight on the US I love visiting I just don’t think it would be a good place for me to live and work long term. And there’s people who think the opposite and that’s fine. 

[james22]

15 hours ago, Parsad said:

 

From what I've seen in China...there is as much opportunity there as there is here.  The only problem is that anything you own today, might not be yours tomorrow. 

 

That's pretty discouraging to capital formation, yeah?

 

15 hours ago, Parsad said:

But in terms of making it...I'm guessing 500M Chinese that hit upper middle class in the last 20 years would disagree with you! 

 

Easy to make progress when starting from zero (because of the previous central planning policies).

[james22]

15 hours ago, Parsad said:

 

In today's world, you can build a startup just about anywhere in the world and make it a success.  There is no reason why an entrepreneur cannot build a successful unicorn just about anywhere.  Cheers!

 

Sure. But one's chance of success is greater in the US than elsewhere (easier access to networks, money, talent, customers).

[james22]

7 hours ago, Fundmanagerthrwawy said:

The idea that the US is the only place to start a successful company is strange.

 

Never suggested that.

 

And for those with existing networks, it'd probably be silly to leave them for elsewhere.

[cubsfan]

23 hours ago, Parsad said:

 

 

Cubs, you sure you don't want to move to China?!    Cheers!

Gotta hand it to the Chinese- no gender nonsense there!

 

While we lose our minds here debating nonsense like gender, the Chinese rely on science like xx or xy chromosomes .

 

Luca is right - in the long run they’ll kick our ass!

[Luke]

22 minutes ago, cubsfan said:

Gotta hand it to the Chinese- no gender nonsense there!

 

While we lose our minds here debating nonsense like gender, the Chinese rely on science like xx or xy chromosomes .

 

Luca is right - in the long run they’ll kick our ass!

I knew this is how i was able to get you!!!

Edited August 16, 2023 by Luca

[cubsfan]

19 hours ago, aws said:

 

 

And if he were there since day one personally handing out aid, they would say he's just doing it to distract from the house GOP inquiry into his family, or Hunter Biden's latest legal woes, etc.

Haha - funny cause that would be the truth. He’s in deep shit these days.

[cubsfan]

17 hours ago, mcliu said:

 

Fox spins narratives against Biden.

CNN spins narratives against Trump.

Both spinning narratives against China & Russia.

 

While the article is BS, the premise that the US wastes too much resource on costly foreign intervention instead of fixing domestic issues is not wrong.. The US is facing: Record high debts, deteriorating health, opioid/fentanyl crisis, failing infrastructure, poor roads, poor airports, poor subways, poor trains, major homelessness and crime problem in urban areas, weak & inconsistent public education.

Why is this happening in the richest & most powerful country in the world?

Hey - you forgot the biggest disaster which is the southern border.

 

We’ll protect the Ukraine and Canada border - but not the Mexican!

 

But the answer to your question: it’s happening because of corrupt leadership that is setting the USA back for years - while they enrich themselves at the expense of the citizens. Just as Obama, Hillary and Hunter.

Edited August 16, 2023 by cubsfan