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Comments by "" (@badluck5647) on "VisualEconomik EN" channel.
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@satriojumeneng7055 Near shoring and friend shoring. Invest is closer countries with less transportation costs than China, but a lower labor cost than Americans. Even if it costs a little bit more, it is better than accommodating China's unfair trade practices that hurt American manufacturing.
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@satriojumeneng7055 Moving China further down the value added chain while boosting the industrial base in Mexico, Vietnam, India, Mexico, and America is a good thing. Being dependent on China is a national security issue. We spend trillions on the military to protect our national security l, so why not millions on trade to protect our national security?
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@satriojumeneng7055 Obviously, you don't understand what value-added aspects of the supply chain are: Mining, lowest profit Turning ore into steel, low profit Turning steel into basic parts, good profit Turning parts into cars and fridges, highest profit Mexico is taking part in the most profitable part of the supply chain. Mexico will also use this money to buy American goods, unlike China, whose unfair trade practices prevent imports.
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Hindu nationalism, caste discrimination. red tape, and protectionism are still holding back the world's biggest democracy.
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How are we are going to terraform Mars if we can't even manage our own planet's climate?
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Quality of life is improving. It just doesn't feel that way because social media tricks people into thinking everyone else is richer, happier, and has more friends.
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@Lando-kx6so Yes. Food, for example, has become so cheap that obesity is more of an issue than hunger. You also have things considered luxuries for the rich are now common place even among the poor: smart phones, cars, televisions in multiple rooms, personal computers, etc. Thing most Americans have seem unimpressive because Americans only compare themselves with other modern Americans.
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@dhuryodhankaurav8487 Trump's legacy is whatever he gaslights the people into believing. Why not steal if the people are going to believe he is draining the swamp regardless of the evidence?
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Until liberals start taxing savings plans to raise money for people who didn't save.
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Who is going to build these homes upward when you are restricting investments in those projects?
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@matthewshields They aren't unrelated. Companies will be less willing/able to build more when the government restricts the number of buyers.
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@irisheyes1034 Brexit
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@Shubham Mishra Upzoning means forcing neighborhoods to become apartments/condos that have multiple price points. That means have low cost rooms on the first floor to a penthouse on the top floor. This would also prevent concentrated poverty. The poor complain about having to use alternative entrances, but generally agree they are better off than living in the projects. The rich are also unhappy about living next to "those people", but no one cares what those Karens have to say.
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According to John McCain, Russia is “A gas station run by a mafia that is masquerading as a country.” Probably the best characterization of the kleptocracy.
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@twinmama42 It sounds like government officials and lobbyists are deciding winners and losers in your economy. With the right donations, your high sugar drink with 5% juice can be reclassified as healthy and taxed at a lower rate than competitors. Due to it being a value-added tax instead of a sales tax, the taxpayers/consumers won't ever know what game the politicians are playing.
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Science fiction often has gaint mega-corporations acting as governments. Its funny because they are essentially Communist governments with the bureaucrats being more honest about their intentions to enrich the elites.
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⚽️ 🤢🤮
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Trump is just upset that people were talking about Carter instead of him. Textbook narcissist.
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Intellectual property theft is also great way to save on R&D costs. India steals medical IP, while China steals everything else. The lack of respect for IP prevents trade deals with India and China.
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So is every trade deal. That why nations negotiate.
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The classic "blame immigrants" trope. You would think after WW2, Europeans would have learned not to listen to scapegoating conspiracies. Young immigrants contribute more to the economy, while a growing population of native retirees is draining the country dry.
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@benenivel1478 The classic "blame immigrant tropes". Young immigrant workers contribute to the economy, while old native retirees drain it dry.
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@MarketsDriveTheWorld I don't know about fascism, but Trump definitely believes in authoritarianism. Praises autocrats. Talks about blood purity. Tried to overturn the election. Demands to disregard the Constitution. Calls the media "enemy of the people," proposes locking up his political rivals on fake charges, thinks the court system shouldn't apply to him, etc.
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@Historia.Magistra.Vitae. Did you not watch the video? Private businessmen were getting rich on the war economy and stealing the assets of je wish businesses.
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@Historia.Magistra.Vitae. I bet you don't even know what socialism is because you have been brainwashed to use it as a buzzword for things you don't like.
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@Historia.Magistra.Vitae. Being a party member to get lucrative government contracts is textbook crony capitalism. That isn't socialism because the government didn't own or run the factory. They used taxpayer dollars to pay their rich friends to help them accumulate wealth. Each comment you make reveals more of your ignorance.
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@Feefa99 Socialism is an economic and political system based on collective, common, or public ownership of the means of production It is owned by friends of the elite and not the government.
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@Historia.Magistra.Vitae. Socialism is an economic and political system based on collective, common, or public ownership of the means of production It is owned by friends of the elite and not the government.
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@Feefa99 The Communists in the Soviet Union, Cuba, and China have practically banned trade unions. They are still socialist, because the government owns and runs the factories.
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Liberals: Facts be damned
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Japanese companies build thousands of cars in America every year. In addition, there are more restrictions exporting cars to Japan than the other way around.
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The younger generations are the ones who have abandoned work-life balance. Despite what they claim, boomers aren't the ones putting in longer hours.
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Dutch disease isn't unique to the middle east. The difference is that instead of funding liberal arts majors, the state funds theology.
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@KokoHekmatyarr China is running out of buyers. No one wants to deal with Chinese dumping, and the few countries who do, aren't buying EV cars. The obvious solution is to stop suppressing Chinese worker wages, but this would give too much power to the people instead of Communist oligarchs who own all the exporting factories.
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@andrewnelson4148 American oil consumption is lower than what domestic drilling produces. Mexico, Canada, and a few other nations send their oil to America for refining oil sands and other thick crudes can't be refined in many places outside of Houston. This refined oil can then be exported outside of the US as a value-added product.
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🤣🤣🤣🤣 It not "humanity". It's supply and demand. During the upcoming recession, the market will swing in favor of job creators and away from workers. With savings dried up and unemployment high, no one is going to care about arbitrary "living wages" or work at home life-balance. People will just take whatever is offered to them.
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@kingnaga619 Unions have resulted in a decrease demand for American labor and that is why traditional Union jobs went overseas where the price for productivity is cheaper. Liberals think they can ignore market forces, but that isn't how the economy works.
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You know it is a bad economic policy when Latin America endorses it.
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@phyjcb Confederacies don't work. The EU should be a federal republic.
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Capitalism is the worst economic system, except for all those others that have been tried
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@ethandouro4334 Facist governments tried that. It doesn't work.
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@pebblepod30 You are an example of "not understanding statistics." Housing prices rising doesn"t affect GDP as price speculation doesn't produce an output. House building is a positive in GDP, but liberal zoning policies have prevented more homes from being built.
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@scottdavis3571 If "anyone" can develop a market niche by throwing money at an issue, then why are some of the biggest companies only a few decades old? By your logic, the dominant companies simply be the established companies with the most money instead of companies with innovation and good business sense.
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BS. Trump doesn't want these non white people having voting rights. It is why he is against Puerto Rico and Washington DC getting voting rights.
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Just make the benefits conditional on looking for work. Biden decided he was just going to pay people more to be unemployed than working, and he removed the condition of looking for new employment. The consequences were obvious.
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Millions move out of Russia as millions move to America. Why? Because people leave s*** countries for prosperous ones.
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@CollapsingRealities They want to be paid like doctors, work thirty hours, get 30 days of vacation, retire at 60, and then wonder why GDP growth can't keep up with America and Asia.
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@CollapsingRealities Everyone would love to make hundreds of thousands of Euros/year to work 30 hours/week and retire at 55. However, EU workers don't produce enough productivity to make that affordable. Economic realities don't care about your feelings.
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@CollapsingRealities Economic realities don't care about your feelings.
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@santostv. Crybabies that have to work more than 35 hours, the month of August, and past the age of 60. Meanwhile, the rest of the world also has high property values and cost of living.
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