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gerhard7
Geopolitical Economy Report
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Comments by "gerhard7" (@gerhard7323) on "" video.
A rough calculation appears to show S and P 500 companies spent just under 2/3 of their profits on share buybacks in 2024. What a racket.
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'Competition is for losers' - Peter Thiel. There was good reason why the US brought in anti-trust laws over a century ago and carved up its damaging monopolies. People like Thiel, Bezos, Musk and Zuckerberg fear and loathe actual competition and their best hope of stopping it is the politicians in their pockets.
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First America's off-shoring elites impoverished their own working classes for profit under the banner of free competition and now they're appealing to them to help stop the self-induced rot in the face of foreign competition. Now that takes some brass neck.
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Anybody who has been paying attention knows that the 2008 GFC revealed that 'Socialism' is the preserve of the rich whilst 'Capitalism' is reserved for the poor.
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The US reaction to China's Deepseek (and other examples) has echoes of the US ISA 1951, Invention Secrecy Act which, 'allows the United States government to classify ideas and patents under "Secrecy Orders", which indefinitely restrict public knowledge of them'. Basically China, particularly by granting freedom of access globally, is undermining this hugely profitable model. Hence the reason why these US billionaires are starting to get more and more antsy.
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Weren't these being conducted in international waters with prior full knowledge of the Australian government?
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JDV attends Silicon Valley circle jerk.
2
Such as....
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Ironic how a nominally Communist 'centralised' China is successfully undermining the supposedly free market US Capitalist model by means of pursuing genuine competition. I've long known it was a self serving B$ narrative there to dupe the masses, but this absolutely proves it beyond ANY reasonable doubt.
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Funny. That's when he got me.😂
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What exactly are you taking issue with here?
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Another side effect of deindustrialization has been that hypocritical western consumer service centred economies, whilst benefitting from cheap imports, have been able to point the accusatory finger at poorer 'polluting' manufacturing economies.
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They were a product of the unusual times.
1
So, in a nutshell, the US has buyer's remorse.
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 @natbumpo8430 'The warships — frigate Hengyang, cruiser Zunyi and replenishment vessel Weishanhu — are exercising a freedom of navigation in international waters off the Australian east coast of a kind that angers Beijing when exercised by the Australian military in the disputed South China Sea. China had given notice that the warships could potentially fire live weapons during an exercise, Prime Minister Anthony Albanese said' NPR.
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 @natbumpo8430 This is when ratcheting up and not talking can go horribly wrong. Even by accident. A Western war with China wouldn't stay conventional for very long I'm sure and nor would it just remain against China. Between China and the US I know where I'd put my money as to which one is most intent on ratcheting up tensions and why.
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Jake Sullivan critique wasn't actually that wide of the mark given he's such an evil SOB.
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Graham Allison's Thucydides Trap theory is gaining more credibility by the day...
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Even if it were, what are you taking specific issue with here?
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Keen to know. What were those few latter points he got wrong?
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A tenacious Toto pulls back the curtain and Dorothy, the Lion, the Scarecrow and the Tinman all choose to look away.....
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