Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Ask HN: How do you deal with the end of globalization?

news.ycombinator.com

Post reply on HN
Print view View original

41–50 of 86 posts

Re: Ask HN: How do you deal with the end of globalization?

#41

Post by bee_rider »

drewcoo wrote: post #5

China and Russia are part of BRICS[1]. That's not isolation. That's half the world's people. And that's the coalition that will soon be the world economy. > Cold War 2.0 is coming I don't think the US can "win" that Cold War, so maybe it shouldn't pick the fight this time. [1] https://www.investopedia.com/terms/b/brics.asp

BRICS is not a coalition, it is just a label for emerging economies that aren't 100% onboard with the US system. China and India aren't in a coalition, in fact their relationship has some rough spots.

Re: Ask HN: How do you deal with the end of globalization?

#42

Post by lolive »

Globalisation is all about transportation means being cheap and efficient.

That will end with our understanding that it breaks the natural rules. (Or the depletion of cheap oil, whichever comes first)

What you call the end of globalisation is the end of U.S dominance. [which is definitely NOT what I experience in Europe, on a day-to-day basis].

Re: Ask HN: How do you deal with the end of globalization?

#43

Post by jesuscript »

bombcar wrote: post #39

I guess there are two questions: 1. Will we have hyperinflation at some point? 2. Will we have all-out war? Everything else can be answered by the standard "don't spend more than you make, invest in a broad-market index, keep your reserves available". But if you have those things covered, you may want to consider thinking about what you could do to mitigate 1 and/or 2. You don't have to go bunker-prepper, but you can…

Doubt any side is uncomfortable or desperate enough for war. The comfortable don’t fight. They do, however, demo their weight.

There’s at least one or two month blockade somewhere in our future where trade halts between the super powers, where we all glimpse into the economic center of the earth that we know certainly exists. Economic morbid curiosity.

Then we’ll all sit back and go “woah what a world, economic death does exist, US is a big deal, so is China, so are all these other countries, let’s diplomatically settle this, we’ve had our exploratory mushroom trip in the desert, as all people need to, you know, find themselves”.

But no war, we’re all far too weird for that now at this point.

Wait, I just realized I rhymed. We did the same nonsense with the nukes during the Cold War. There’s something magical about human natures curiosity for “we just wanted to see what it would be like, but we would never …”.

Re: Ask HN: How do you deal with the end of globalization?

#44

Post by bombcar »

jesuscript wrote: post #43
bombcar wrote: post #39

I guess there are two questions: 1. Will we have hyperinflation at some point? 2. Will we have all-out war? Everything else can be answered by the standard "don't spend more than you make, invest in a broad-market index, keep your reserves available". But if you have those things covered, you may want to consider thinking about what you could do to mitigate 1 and/or 2. You don't have to go bunker-prepper, but you can…

Doubt any side is uncomfortable or desperate enough for war. The comfortable don’t fight. They do, however, demo their weight. There’s at least one or two month blockade somewhere in our future where trade halts between the super powers, where we all glimpse into the economic center of the earth that we know certainly exists. Economic morbid curiosity. Then we’ll all sit back and go “woah what a world, economic death…

Sounds a lot like what was said before a world war; things can get ugly way faster than we're used to - and it may not even be a war directly involving the US or any particular country.

Russia and Ukraine has already caused massive secondary effects throughout the world, and that's a "relatively" minor conflict.

Re: Ask HN: How do you deal with the end of globalization?

#45

Post by ospider »

Unfortunately, for people living in China, such as me, the only reasonable ways, under Xi's reign, are either to start a rebellion or to go abroad. Actually, the term "Run-ology"(润学), which basically means the study of running away, has been quite popular in China for some time. My current plan is to find a new job in a western country, hopefully.

I used to think that my country was just an authoritarianism state and things would get better, but now I know that it's simply dictatorship. I feel so sorry about what's going on in the land I love so much.

Re: Ask HN: How do you deal with the end of globalization?

#46

Post by defrost »

yogthos wrote: post #37

That is not what's happening at all. China, Russia, India, Brazil, South Africa, and lots of other countries are currently building an alternative to western economy. These countries are where majority of the world population lives.

Absolutely.

China has a very public long standing policy of engaing in global economic colonialism via its "one belt | one road | silk road 2" strategy.

China having less(?) to do with the USofA in no way translates to China withdrawing from the world - rumour has it there are many other countries other than the US.

Re: Ask HN: How do you deal with the end of globalization?

#49

Post by pxue »

givemeethekeys wrote: post #33
nostromo wrote: post #15

This only really matters if you live in China or Russia. Everyone else will do just fine or better as manufacturing in China plateaus or declines and Russia’s sphere of influence recedes to its own border. The US will continue to grow modestly but steadily with decent governance, lots of resources, and a growing population.

I keep wondering who'll work in all the factory jobs. How much will the jobs pay and how much will the rest of the people need to be able to make in order to afford Made in America things. Would appreciate insight into this.

It's just simply way too expensive to make things in America.

We can build all the $B factories we want in the rust belt but shareholders will move it to places like Mexico at the first sign of profit.

I'm seeing a real flow of software jobs to mexico too in the coming decades.

Re: Ask HN: How do you deal with the end of globalization?

#50

Post by mickdeek86 »

knewter wrote: post #40
lordentropy wrote: post #24

I wish it was just a cold war. It has turned into a real fucking disaster. Despot Putin does not seem to be backing off, and perhaps will destroy all of Ukraine's vital infrastructure no matter the cost. If Ukrainians still stand still, he will not hesitate to use nuclear weapons.

"Putin will not hesitate to nuke his neighboring country" I frequently wish people could read their words but with my reactions to them

'...neighboring upwind country..."
Post reply on HN