The global trading system is starting to rearrange itself
noahpinion.blog
The global trading system is starting to rearrange itself
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Re: The global trading system is starting to rearrange itself
#2What a truly awful "sign up for my newsletter in order to read my blog post" nag modal. All you have to do is scroll down a bit and then scroll back up, and the modal remains off-screen below the bottom.
A determined user can easily get around this wall, while it's JUST annoying enough to make a casual user (such as myself) close the tab after the second paragraph once the modal appears.
Re: The global trading system is starting to rearrange itself
#3> This will take time. Decoupling is not an instantaneous process. China spent two decades becoming the workshop of the world; the rest of the developing world isn’t going to mirror that accomplishment in one or two years.
It is all about dependency trees. The US decides to divert imports from China to other countries, which in turn may import from China.
This reminds me of my day-to-day work so much; especially w.r.t. transitive dependency management. So:
If service A is 100% dependent upon service B which is 100% dependent upon service C, then service A is 100% dependent on service C.
At some point you need redundancy to protect against disruptions, outages, supply chain issues, policy changes, wars (either physical or economic), etc.
My (probably silly) question is: Does anyone know of "building block" or "core" services (such as authentication, authorization, BLOB storage, data storage, queuing) which are multi-cloud by design? Meaning service X offers SLAs for service endpoints hosted in AWS, GCP and Azure? If/when any of these "go down", consumers can (automatically?) flip a switch to route to another cloud service implementation?
Re: The global trading system is starting to rearrange itself
#4What a truly awful "sign up for my newsletter in order to read my blog post" nag modal. All you have to do is scroll down a bit and then scroll back up, and the modal remains off-screen below the bottom. A determined user can easily get around this wall, while it's JUST annoying enough to make a casual user (such as myself) close the tab after the second paragraph once the modal appears.
All you have to do is scroll down a bit and then scroll back up, and the modal remains off-screen below the bottom.
Or just tap "continue reading" to dismiss it like a normal person.
Re: The global trading system is starting to rearrange itself
#5What a truly awful "sign up for my newsletter in order to read my blog post" nag modal. All you have to do is scroll down a bit and then scroll back up, and the modal remains off-screen below the bottom. A determined user can easily get around this wall, while it's JUST annoying enough to make a casual user (such as myself) close the tab after the second paragraph once the modal appears.
Maybe you're on a different device but on my browser there's a button that says "continue reading"
Looks like its just substack with a custom domain. Those can be annoying though, for sure.
Re: The global trading system is starting to rearrange itself
#6> This will take time. Decoupling is not an instantaneous process. China spent two decades becoming the workshop of the world; the rest of the developing world isn’t going to mirror that accomplishment in one or two years. It is all about dependency trees. The US decides to divert imports from China to other countries, which in turn may import from China. This reminds me of my day-to-day work so much; especially w.r.…
This has always been one of the selling points of CockroachDB, the ability to seamlessly run multi-cloud redundancy.
Re: The global trading system is starting to rearrange itself
#7> This will take time. Decoupling is not an instantaneous process. China spent two decades becoming the workshop of the world; the rest of the developing world isn’t going to mirror that accomplishment in one or two years. It is all about dependency trees. The US decides to divert imports from China to other countries, which in turn may import from China. This reminds me of my day-to-day work so much; especially w.r.…
This has always been one of the selling points of CockroachDB, the ability to seamlessly run multi-cloud redundancy.
Awesome - good to know. Thanks!
I'll read this later: https://www.cockroachlabs.com/blog/multi-cloud-deployment/
Re: The global trading system is starting to rearrange itself
#8> This will take time. Decoupling is not an instantaneous process. China spent two decades becoming the workshop of the world; the rest of the developing world isn’t going to mirror that accomplishment in one or two years. It is all about dependency trees. The US decides to divert imports from China to other countries, which in turn may import from China. This reminds me of my day-to-day work so much; especially w.r.…
> It is all about dependency trees. The US decides to divert imports from China to other countries, which in turn may import from China.
This is already happening with more than ~80% of products that are "Made in Vietnam" and at least ~40% of products that are "Made in Korea." Not only do the raw materials come from China, but most of the work is done in China. The product is shipped overland from a Chinese factory to Vietnam or Korea, then some screws are tightened, some paint is slapped on, or a label is applied, and the product is re-exported.
Among other things, this is effective for tariff evasion.
And it's usually at least somewhat legitimate. It doesn't take much to make a product that's assembled in China "Made in Vietnam," even in a legal sense. Consider: https://casetext.com/case/ferrostaal-metals-corp-v-us
Basically, there was a tariff on Japanese steel. US-based plaintiffs -- steel distributors -- sent that steel to New Zealand, had it galvanized, and re-exported it to the USA as a "Made in New Zealand" product. A Judge holds that the galvanization process (which is laughably cheap) is enough to render the steel "Made in New Zealand."
When all's said and done, Chinese factories haven't slowed down and Chinese GDP is still rising (by more than American GDP) which tells you that the "decoupling" has to be in some respect illusory.
Re: The global trading system is starting to rearrange itself
#9What a truly awful "sign up for my newsletter in order to read my blog post" nag modal. All you have to do is scroll down a bit and then scroll back up, and the modal remains off-screen below the bottom. A determined user can easily get around this wall, while it's JUST annoying enough to make a casual user (such as myself) close the tab after the second paragraph once the modal appears.
Is this the first time you see a substack page buddy
Re: The global trading system is starting to rearrange itself
#10> This will take time. Decoupling is not an instantaneous process. China spent two decades becoming the workshop of the world; the rest of the developing world isn’t going to mirror that accomplishment in one or two years. It is all about dependency trees. The US decides to divert imports from China to other countries, which in turn may import from China. This reminds me of my day-to-day work so much; especially w.r.…
The article addresses this point directly.