Viewing profile — thoughtstheseus

Great point. Many Americans would prefer to buy (given) a flying car vs. build a flying car. Personally I believe there is dignity in self determination. To each their own.

You also lower the profits from the exporting country (China) through reduced volumes. China has been on a massive productivity growth agenda that is only sustained through open tr…

That’s the goal. The current USA admin wants the 10k STEM PhDs to move into the private sector.

They’re the wrong numbers and people misunderstand the numbers. The consumption basket for CPI (food) is determined by consumption surveys. Not desire or historical consumption. Yo…

Yes. USA financial markets are the envy of the world. Lots of capital which flows quickly.

Agree it will land more stable for most parties but it will be turbulent getting there. Global free trade under the USD has created many structural fragilities. Principally that we…

That’s entirely the point. Leave the USA financial system or contribute more. If you pick an single alternative currency I’ll run through the reasons why most would choose the US D…

Some dude at Treasury even wrote a book about. Juan Zarate, author of Treasury's War: The Unleashing of a New Era of Financial Warfare.

$30B over ten years to reduce blackouts and grid instability is a good deal. For reference, the 2021 Texas blackout caused ~$100b in damage. Very very few people in the power indus…

If litigants receive relief through a PI, it addresses their specific harm. Extending it nationwide may be unwanted if other jurisdictions have different views on the policy. The S…

If you win in lower court you can still bring the case to the Supreme Court to create national uniformity. One of the consolidated cases for Brown vs. Board of Education won in Del…

South Korea looks like they are pursing nukes already.

Funny thing about a recession now is you can have standards of living increase for 10s millions of people due to how concentrated consumption and wealth is. Weird times

That makes sense to me. They both banned Samurai swords.

What you are saying is simply not sufficient. Norway does more goods trade with China and for more advanced / complex goods. Norway is funding USA’s direct geopolitical competitor.…

I would pay tons of money for control of the algorithms. It’s annoying I can’t tell YouTube, twitter, etc. what type of content I want to see, what I do not, the frequency, etc. Th…

You can see this dynamic in various investment markets. Stocks are priced according to their expected earnings while fart coin is a repository of excess liquidity. If you massively…

Yes. Airplanes are complex, high value products with military applications. The skill set to successfully develop and field a fleet of planes is an obvious upskilling of labor whic…

The defense primes are 5-10x larger by today’s market cap. It seems unlikely the defense industry will shrink from here. Plenty of room to run. Anduril has been conservative on val…

Private equity has not, as an asset class, had excess returns since around 2006. Prior to that, private market companies were systematically undervalued relative to public. Post-20…

Private equity bought the Nestle water business. Now it’s owned by One Rock Capital.

#ThomaBravo

I don’t usually hear credible and thoughtful discussion on this topic… Fiona Hill’s 2023 Lennart Meri Lecture describes this well. Here’s a link: https://lmc.icds.ee/agenda/lennart…

The Western economies are focused on managing orderly decay and concentrating wealth into the elderly and elites. Not growth. Not durability. They are fragile, that’s why the money…