Earlier quoted context omitted.
[flagged]
[flagged]
[flagged]
Germany Overtakes US in Ammunition Production Capacity
81–90 of 228 posts
Re: Germany Overtakes US in Ammunition Production Capacity
#82> But the U.S. has made it clear that it wants to concentrate on the Indo-Pacific and the threat posed by China's powerful military, rather than propping up Europe. If that were true they wouldn't have wasted enormous amounts of expensive ammunition in Iran.
Iran is imo. in parts about china. Controlling the strait of Hormuz means controlling a significant amount of energy supplies if china. Same thing with Venezuela.
How’s all the ‘controlling’ coming along?
The US look like fools.
Re: Germany Overtakes US in Ammunition Production Capacity
#83Re: Germany Overtakes US in Ammunition Production Capacity
#84Earlier quoted context omitted.
Minor nitpick: you meant "lose", not "loose". It's a common mistake that I see around, and I think it might be useful for you to know :)
I dabble in correcting other people’s spelling on occasion (can’t help it). Somewhat frustratingly, the usual reaction is “language evolves” and “everyone uses it this way” and “if it is understood, it does not matter how you wrote it”.
I don't agree with those a lot. At some age, ones use of language stops/slows evolving I suppose.
Re: Germany Overtakes US in Ammunition Production Capacity
#85[flagged]
Re: Germany Overtakes US in Ammunition Production Capacity
#86Earlier quoted context omitted.
> The US is teetering on the edge of a financial abyss. Do you say this because of the outstanding debt? Otherwise, just their top 10 publicly traded companies earn more than all but 2 countries. Just the US defense budget ($1T and estimated $1.5T next year), which exports US foreign policy globally, absolutely dwarfs every other country's.
All of these financial 'privileges' are based on the US having the world reserve currency and petro dollar. The US in the unique position of being able to 1. Print Money. 2. Externalise inflation. 3. Ensure a base load demand for it's currency based off a worlds need of oil. These privileges were supported wholeheartedly by all the worlds 'middle' powers e.g. Canada, Australia, Japan, Germany, Spain, Sweden etc. Thus…
THANK YOU!
So many people, including very intelligent and well-informed ones, do not understand this. The US gets truly outsized benefits from having the reserve currency.
Re: Germany Overtakes US in Ammunition Production Capacity
#87Earlier quoted context omitted.
The US is teetering on the edge of a financial abyss. These are all just foreshocks.
> The US is teetering on the edge of a financial abyss. Do you say this because of the outstanding debt? Otherwise, just their top 10 publicly traded companies earn more than all but 2 countries. Just the US defense budget ($1T and estimated $1.5T next year), which exports US foreign policy globally, absolutely dwarfs every other country's.
Debt is symptom not a underlying cause. As well big defense budget and very big valuations (1). This is according to Klain and Pettis diagnosis that I think is correct one or at least close to being correct (from the "Trade wars are class wars" book - do not worry this has nothing to do with socialism).
Basically they argue that US (and other trade deficit countries) and China (and other trade surplus countries) are creating mirror imbalances that would have to be rectified - either by policy actions or when driven up to conclusion by system breakage. Like Great Depression or Japan lost decade on the surplus side. And possibly inflationary crisis on deficit countries (but this is my interpretation - I do not think they claim that and I might have not understood something).
In that lenses latest political development in US does make more sense.
(1) trade deficit pushes assets price up - as dolar from trade surplus has to return to US somehow - to buy stocks for example. That would also explain why market looks so good even if "real economy" is not so hot - but as US trade deficit is big so is stock demand. Similarly trade deficit pushes unemployment up - to keep it in check federal policy has to intervene. Could be by Biden IRA or by Trump big defense spending. This in turn results in big budget deficits.
Re: Germany Overtakes US in Ammunition Production Capacity
#88Earlier quoted context omitted.
How do renewables create a dependency on fossil fuels? This dependency already existed before renewables in the current sense were a thing. If anything, renewables help existing stock of fossil fuels last longer as you don't burn as much when renewables are generating.
The way they do renewables in some places: * solar with no storage * shutting down existing nuclear * natural gas peaker plants * making everyone to use natural gas for heating by making it much cheaper than electricity * slowing down the EV rollout by keeping to subsidize gas and diesel could definitely be seen as a scheme to make the fossil fuel gravy train last as long as possible. And that's not even talking abou…
All true, but that does not create a fossil fuel dependency, it just prolongs an already existing one.
Re: Germany Overtakes US in Ammunition Production Capacity
#89Earlier quoted context omitted.
[flagged]
[flagged]
Another serious question: if this attack was so desperately needed, why did it take Israel to push America into it?
It’s almost like it didn’t need to happen.
And if we step further back, relation with Iran are troubled, why would that be?
Re: Germany Overtakes US in Ammunition Production Capacity
#90Earlier quoted context omitted.
[flagged]
The US decision to enter the war was independent of (and I think before?) the extermination camps, purely decided by Germany declaring war on the US. The practice of interning a large number of people in camps without access to legal process .. well, which side of the Atlantic has more of that at the moment?
The US are also supporting some rather dubious actions in Gaza and Lebanon.