181–190 of 448 posts
Yes, China is winning, but at what cost? Leaving the stupid The Economist-list memes aside, the West has put itself all by itself in this position, for too long it had thought that it could still rule the world based on the services industries and on the financialization of the world economy. It seems like they bet wrong.
What are you referring to?
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No one is trying to make war, but naturally China is looking at changing the order of things, at least regionally. To make that happen it needs USA to move out, and create its own coalition of countries around the area.
America seems to be trying to make war, unexpectedly with Canada. Also, the only coalition America seems to be interested in is the one with Russia. Also, multiple foreign countries like Russia are trying to make war right now.
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This is correct, it does apply to all forms of wage increases. I wouldn't say "instantly," but yes that's why cities are perpetually expensive despite constantly increasing productivity. They are highly productive ergo they have high wages ergo they can sustain high rents ergo they have high rents ergo they "are expensive" compared to adjacent markets. Mentioned above but I'll put it here too for other readers: the r…
High cost of housing and rent is driven just as much by regulations preventing new housing from being built.
How I hate articles like this, painting everything as "existential" threat. Feeding the paranoia that has grubbed the US. Everything is viewed as a threat.
Paranoia is the USA's way of life, when life always seems to be teetering on the edge of a cliff: losing your job at a moment's time, losing your life savings for a healthcare emergency, losing your kid to a school shooting, losing your stuff to burglars. Any of these have a very low chance of happening but they can be so life-changing that Americans seem to always be in some state of paranoia, a low-trust society wi…
We didn't want a new labor economy. We wanted ever-increasing returns for shareholders. If that meant parting out our industrial base to our main geopolitical rival, that's what that meant . In the US, capitalism has mostly replaced nationalism and patriotism. In China, it augments those things.
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Damn, thanks for plainly stating why we need manufacturing back to the states.
Yes, and I think this is the core motivation behind the Trump messaging - bring it back to the US if possible. In fact, he wants to bring back commercial and maritime ship building back[1]. Pretty cool! Hopefully this will employ lots of people. [1] https://news.usni.org/2025/03/05/trumps-make-shipbuilding-gr...
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Damn, thanks for plainly stating why we need manufacturing back to the states.
Yes, and I think this is the core motivation behind the Trump messaging - bring it back to the US if possible. In fact, he wants to bring back commercial and maritime ship building back[1]. Pretty cool! Hopefully this will employ lots of people. [1] https://news.usni.org/2025/03/05/trumps-make-shipbuilding-gr...
Some authors of this piece are deeply involved themselves in building robots and other hardware technology. They should be taken seriously. The US is moving into a trade war, however unwise, with the country that supplies components for everything we make and need. That country has expansionist ambitions and a superior manufacturing base, which is typically what wins wars.
China has been methodically preparing for trade war and decoupling for the better part of the decade. US went in full throttle with zero preparation. This is not going to end well.
Mostly because it was prompted by decoupling from the last three administrations before going full-bore in this latest Trump admin.
Earlier quoted context omitted.
Damn, thanks for plainly stating why we need manufacturing back to the states.
Yes, and I think this is the core motivation behind the Trump messaging - bring it back to the US if possible. In fact, he wants to bring back commercial and maritime ship building back[1]. Pretty cool! Hopefully this will employ lots of people. [1] https://news.usni.org/2025/03/05/trumps-make-shipbuilding-gr...
Who will buy the phones when no one is paid to produce them? The cars? The food and the clothes? Wealth keeps concentrating upward, great leaps in efficiency and throughput, but I can't see how it's a sustainable model for continued consumption growth year after year.
> Who will buy the phones when no one is paid to produce them? The cars? The food and the clothes? Other wealthy people. I knew someone in the yacht-building business who would say "If you want a business that will last, sell to rich people--they're the ones who have money." We are very quickly moving towards a world where the economic activity (earning + spending + producing) of the median person is insignificant ne…