211–220 of 277 posts
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Even if not quite true, it doesn't change my argument since it was more about the rate of change. You can construct the definition of white collar in a way that makes it seem like it's mostly white people, but among high paying job titles within a company, absolutely I would say there are fewer than 50% non-Jewish whites.
Why “non-Jewish”?
Race is generally a misused concept because 99% of the time people actually mean culture, as anyone from any race can be part of a culture.
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One of the goals of the Heritage Foundation is a weak dollar. They believe they can bring manufacturing back to the US this way. I don't think they're right. I do think they will continue weakening the dollar.
> One of the goals of the Heritage Foundation is a weak dollar. They believe they can bring manufacturing back to the US this way. Only cheap labor can bring manufacturing back to the US. Are Americans willing to work in factories for the same wages as the Chinese and Indians? I don't see it happening.
The Heritage guys have a weird perspective where they idolize the early Federalist US and the Reagan Era. Prosperity for the common man wasn’t a highlight of either era, to put it mildly.
In 1790s New York, for example, “local control” meant that many of the people of upstate New York were a sort of serf-like tenant living on the estates of the great men, Dutch patroons who played ball with the colonial and State political infrastructure. They had the freedom to pay rent until their landlord was willing to let them go. That existed into the 1840s, when the country started getting woke.
So we can address housing issues with creative solutions. Why do poor people need their own apartments? Stuff them into a tenement. You can easily fit 15 people in a two bedroom apartment so they can build drones or whatever.
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I'll dig down 3 levels of "why". The endemic anti-intellectualism among white communities (especially rural and southern) has resulted in a steady decline of white people in well-paying professions in America. If you count the Jewish as a separate group, white people are likely a minority in corporate America. Combined with social upliftment of other groups ("wokism") and the opioid crisis (that has disproportionatel…
> white people are likely a minority in corporate America. I don't see how this can possibly be true. > that has disproportionately affected hinterland communities but immigrant groups seem immune to Or this, especially in light of data such as this: https://www.cdc.gov/nchs/products/databriefs/db549.htm
White American overdose deaths per capita are 6x that of Asian-Americans.
The value of the dollar over time is largely meaningless unless you are a dollar investor (i.e. sit on lots of cash in consumer tier bank accounts). Generally once you have enough cash that this would meaningfully impact you, you are already beyond sitting on cash. At the end of the day, the dollar or any other currency, is just a conversion tool for [value created] to [goods/services received]. A ratio of 3/1 is equ…
It's meaningful because you pay capital gains on nominal increase in dollar value even if there is no real change in value. Inflation is thus a tax on realized non-gains at roughly 1/5th the cumulative inflation.
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Wealth is relative. And the Heritage Foundation is not in the business of improving quality of life for everyone, or even the average American.
It's not the optimal course for most billionaires either. Maybe it is for a few of them.
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Petro-yuan =/= reserve currency. USD reserve = print USD for everything liquidity to sustain debt financed existence where Triffin hollows out industry, and financialize everything because having stupid amount of liquidity incentivizes certain behaviors. Petro-yuan = PRC gives swap lines to trusted partners to buy oil denominated in yuan in exchange for things like resources. Hormuz ships ~1 trillion USD worth energy…
The problem with that plan is that no one wants to trade hard commodities for a currency that can’t be spent. One part of the dollars appeal is that it spends the world over. The sanctioned countries frequently have more liberal access to dollars than to unsanctioned yuan. So no one is going to take up a lot of yuan trade unless that changes or they are forced to. But that puts China in a bind. Liberalizing their cur…
> So no one is going to take up a lot of yuan trade unless that changes or they are forced to.
Related on the “forced to”point, this is where Russia is stuck with its crude oil sales to India where the payments have been made to it in Indian Rupees. There’s almost nothing that Russia can do with the Indian Rupee. This is a huge and growing problem because India’s imports from Russia eclipse its exports to Russia by more than 10 times. [1]
[1]: https://www.financialexpress.com/india-news/india-russia-sum...
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A service-based economy is also a "real" economy and not a "paper" economy
The fundamental problem is the asymmetry of value creation. Software is perhaps the pinnacle of this, and why tech companies are so unfathomably wealthy. A team of 10 SWEs can create a product worth $1B with the cost of 10 laptops. You get ten people worth $100M each. To create $1B in value with any kind of manufacturing business, is going to take hundreds of people utilizing millions in various costs. You end up wit…
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I'm having trouble coming up with a valid use case of the way it's written, mind sharing?
"worth" can have two meanings in this context. $100 from 1917 can be worth exactly $100 today. Or it can be worth what you can buy with it. Some folks will see a $100 bill from the era and see an old $100 bill. Some folks will imagine what that $100 took to save back then, and what it bought. FWIW my brain automatically went with "the goods that can be bought with $100" - such as what I could buy in a grocery store t…
What inspired Trump to do this? The Epstein files?
I also read an article here that suggested trump's bombing of iran during peace talks at the same time as israeli attacks established that if israel attacked then USA would also be a valid combatant (which wasn't the case previously). So this bombing of iran's nuclear facilities earlier was sort of a trap that made it so that israel could rope us into any conflict at any later time- which they did this time, they threatened to strike iran with or without us.
Lastly, I imagine that success in decapitating the venezuelan regime gave trump and his cabinet confidence in going to war.
This whole war seems good for israel but in the long term it doesn't really pan out in the long term for them either. It is sort of the cart leading the horse. There is a theory proposed by prof. Jiang (PredictiveHistory) that this war was catalyzed by a certain apocolyptic eschatology of jews/christians in a couple high places. Whether the Netanyahu or Trump adminstration is captured by this chohort or just pursing short term goals is hard to say, but this is the only explanation I can find for who benefits long-term from this action.