Comments by "Fredinno" (@innosam123) on "VisualEconomik EN" channel.

  1. Disease is more common in tropical regions, and that is a serious negative.
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  2. > Relying on Chinese state-owned media as a source. 😂
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  3. The UK needs to integrate into NAFTA to become a conduit between the EU and North America again. Also, the dominance of the finance sector was horrible for regional inequality in the UK. Having a more diversified economy by focusing on manufacturing would be a good thing (even though the UK is unlikely to catch up to Germany anytime soon.) The UK has one of the EU’s strongest renewable energy potential due to the North Sea and Scotland’s wind. Further Public Investment would also help.
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  4. Who determines what is ‘important?’ Some planner? After COVID, you think that’s a good idea? Shocking that people don’t want to be forced to eat Beyond Meat just because it’s more efficient.
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  5. Working from home also allows people to move to smaller cities or rural areas, however, as jobs are less of a concern.
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  6.  @julienboyer Yeah, ask the Chinese, who mostly live in temperate areas.
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  7. Ukraine was already a weak economy before the war. Let’s just say they’re getting economic subsidies for a reason. Strategic bombing is rarely good for an economy.
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  8. Is it? Office buildings can be destroyed. You can work from home, but what happens when the power goes out? At least the factories will be repaired faster because of wartime needs.
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  9. Real wages include inflation already…
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  10.  @ArawnOfAnnwn Africa is also a diseased hellscape, which physically makes people less productive. Even with modern medicine, infrastructure in Africa is difficult to build, so much of the continent is still diseased vs Eurasia.
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  11. The President of the Solomon Islands just resigned over protests of that great Chinese ‘business’.
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  12.  @admiralsuperior3  That means they won’t get any cuts. The problem is that budgets can be approved without filibustering. Also, the Democrats never tried to suspend the debt ceiling while they had the House and Senate under their control, knowing full well that the opposing party would use the Debt ceiling as a bargaining chip. This is entirely their fault.
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  13. There’s one problem with that plan: China has wholly failed to move up the value-added manufacturing chain. As a result, they’re losing the lower-value manufacturing with nothing to replace it.
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  14.  @venkyratnam Japan also is trying to get Japanese from South America to come back to Japan. Thing is that Japan sucks at integration. Koreans are a separate caste despite being culturally very similar due to the insular nature of society.
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  15. China did the same thing despite being an autocracy…
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  16. Note that China spent $300B itself trying to become self-sufficient in chips with Made in China 2030. It’s largest import after that push? Still chips. Mostly from Taiwan and East Asia. Also, the CHIPS Act is more intended to ensure a domestic supply of chips, not to replace China. China is not a massive producer of advanced semiconductors. Taiwan and South Korea have also put in place their own industrial policy programs.
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  17. Because the climate doesn’t care about per-capita emissions, but absolute emissions. Yes, Developed Nations should reduce their carbon emissions. But carbon emissions from them has been falling since the mid-late 2000s.
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  18. China has downsized Belt and Road due to financial difficulties.
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  19. The modern left is also very anti-Natalist, which doesn’t help. The birth rates of young Liberals is imploding faster than any other demographic-political group in the US.
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  20. Canada has never had an economic crisis because of sky high immigration 😂.
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  21.  @gwaittaali8597 The Byzantines were still around during the Islamic Golden Age…
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  22. 50% of US trade is within North America. You’ll be fine.
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  23. Untrue. Real Median Household income has increased from their stagnation period from the mid-2000s since 2015. The problem was the Great Recession and the slow recovery made a big dent in household income.
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  24. Why? The UK isn’t a major power anymore.
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  25. The British were still an empire back then. Now the UK is an isolate economy, at least until the free trade deals with India and the US are finished.
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  26. Companies hated work from home and basically forced everyone back in after the pandemic because of the logistical and practical issues.
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  27. ⁠ @ArawnOfAnnwn China also heavily benefitted from Western technology and trade, which would make any Green transition easier. There were no other real options other than coal in the 1930s. So expanding out the timeline to include all historical emissions is dumb.
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  28.  @dh510 They will be if they have less burnout or exhaustion from labour.
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  29.  @Ruruisinane  They do, for a given amount of production.
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  30. How much of that is sucked away from inflation?
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  31.  @emilianosintarias7337 Capitalism is a bottom-up system and arises whenever you allow people to freely exchange goods. Most societies did not have the resources and capability to suppress it. It’s not capitalism, it’s the combination of capitalism and industrialization.
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  32.  @michaelwells5920  Well, that’s not really true. If the economy ceases to exist, and there’s all that money around, there would be hyperinflation because the money is worthless. This is why the worst cases of hyperinflation in developed economies happened after World Wars.
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  33. Because Increasing interest rates lowers lending? Try lowering interest rates in an inflation scare. Really going well for Erdogan.
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  34.  @casnimot  Not really. You run into problems with thermodynamics where you need to move the printer head too quickly to make it run very fast. A traditional machine factory can create a plastic bottle in seconds. Trying to do that on a 3D printer just isn’t going to happen, because it needs to be able to adapt to multiple different types of products it prints out. Basically, economics of scale is the problem.
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  35. It’s still vastly more efficient to have traditional manufacturing for most products vs additive manufacturing.
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  36. Banking will disappear. 😂
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  37. Only if you consider socialism == welfare.
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  38. He did. It’s called ‘real’ wages. Adjusted to inflation.
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  39. Also, everyone going to college made the situation worse. Higher education is highly biased towards the left, so people who have college degrees and don’t get jobs are more likely to blame capitalism for poor economics.
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  40. 1:02 Untrue. Biden ended Remain in Mexico on Day 1. That’s a major reason for this immigration crisis.
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  41.  @ryanedgerton1982  “Lived Experience” lol
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  42. TBF, fracking came in, and that wouldn’t have been possible if the US had nationalized oil production.
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  43.  JG-MV Because the numbers are inflated by small numbers of very skilled migrants, not the large % of illegals.
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  44. I think globalization has also diverted resources from possible innovation to globalization, slowing economic growth in developed nations in the short and medium term.
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  45. We have exactly what you describe (land value tax, vacancy tax) in Vancouver…and still have massive house prices (TBF, not as bad as Toronto, or before those policies were put in place, so those policies have helped increase supply, but still not enough to solve the issue.) Also, governments in Japan and Russia literally give out homes in rural areas for free… and still have massive rural depopulation. TBF, they populations overall are also declining, but still. You need to also make it easier for people to have jobs in remote areas, replacing or reviving the old resource jobs that kept these places afloat.
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  46.  @xtc2v  The EU.
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  47.  @frogandspanner  The empire was the free trade zone.
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  48. Thing is that owning your own currency means you pay interest to yourself, making public debt much less of a problem.
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  49.  @starkiller578 They’re not just Latinos passing through the border now.
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  50.  @Joel86543 Chinese housing is super costly…
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