61–70 of 452 posts
Earlier quoted context omitted.
But we saved some money by shuttering all our factories and outsourcing everything, so, who's to say what the right answer was. (/s)
"We saved some money" is how economics works in price competitive markets. This is a result of many players doing what keeps each one competitive, but without collaborating on what the large scale effects are down the road.
Earlier quoted context omitted.
But we saved some money by shuttering all our factories and outsourcing everything, so, who's to say what the right answer was. (/s)
And when the orange man came and said we should bring it back, I laughed at home and call him an idiot!
Earlier quoted context omitted.
But we saved some money by shuttering all our factories and outsourcing everything, so, who's to say what the right answer was. (/s)
And when the orange man came and said we should bring it back, I laughed at home and call him an idiot!
90%! Did we really let ourselves become so reliant on Ukraine and Taiwan for computer chips? Taiwan being the next country most under threat. In fact, Reuters just reported that "Taiwan warns Chinese aircraft in its air defence zone" https://www.reuters.com/world/asia-pacific/taiwan-reports-ni...
Are we in favor of economics/capitalism here or are we not? Because the economics literature is quite clear that international trade is beneficial to all involved. It's what we insist that developing countries focus on exports when loaning them money. For many years, Taiwan has been the poster child that we point to when trying to change the ways of Cuba or Venezuela. Are these principles so weak that we would allow…
If you narrowly focus on economics, yes. But what are other consequences, outside of economics? By outsourcing everything, you lose control. You allow uncontrollable external factors to affect you. You open yourself to be blackmailed.
So in a way yes, those principles are weak because they are incomplete. They do not take into account the full range of possibilities that can happen in the real world.
90%! Did we really let ourselves become so reliant on Ukraine and Taiwan for computer chips? Taiwan being the next country most under threat. In fact, Reuters just reported that "Taiwan warns Chinese aircraft in its air defence zone" https://www.reuters.com/world/asia-pacific/taiwan-reports-ni...
as a Chinese raised in China myself, this happens pretty regularly since years ago. I don’t think Winnie the Pooh has big balls to attack Taiwan in recent future. China has too much to lose right now.
Not disagreeing with you, but I think people generally incorrectly assume that a dictator with absolute power thinks and acts rationally.
90%! Did we really let ourselves become so reliant on Ukraine and Taiwan for computer chips? Taiwan being the next country most under threat. In fact, Reuters just reported that "Taiwan warns Chinese aircraft in its air defence zone" https://www.reuters.com/world/asia-pacific/taiwan-reports-ni...
But we saved some money by shuttering all our factories and outsourcing everything, so, who's to say what the right answer was. (/s)
90%! Did we really let ourselves become so reliant on Ukraine and Taiwan for computer chips? Taiwan being the next country most under threat. In fact, Reuters just reported that "Taiwan warns Chinese aircraft in its air defence zone" https://www.reuters.com/world/asia-pacific/taiwan-reports-ni...
90%! Did we really let ourselves become so reliant on Ukraine and Taiwan for computer chips? Taiwan being the next country most under threat. In fact, Reuters just reported that "Taiwan warns Chinese aircraft in its air defence zone" https://www.reuters.com/world/asia-pacific/taiwan-reports-ni...
as a Chinese raised in China myself, this happens pretty regularly since years ago. I don’t think Winnie the Pooh has big balls to attack Taiwan in recent future. China has too much to lose right now.