Comments by "seneca983" (@seneca983) on "VisualPolitik EN" channel.

  1.  @tbateman9902  "NO ONE IN THE MILITARY CALLS IT AN ASSAULT RIFLE" Really? At least the US Army website e.g. uses the phrase "M4 assault rifle".
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  2. It's just a dialectal variation in pronunciation, much like the Brits and the Americans pronounce "bath" differently (with a back vowel in British English and a front vowel in American English).
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  3.  @piuthemagicman  "We still have northern Karelia in Finland." South Karelia too.
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  4. The EU has taken a fairly small portion of the member states' money and spent most of it inside Europe.
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  5. It's just a dialectal variation in pronunciation, much like the Brits and the Americans pronounce "bath" differently (with a back vowel in British English and a front vowel in American English).
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  6. China and India are nuclear powers and they have clashed in Ladakh...using wooden clubs and sticks with nails in them.
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  7.  @noraarelee3863  "high interest rate can kill economy too...look what happen to greece" In that case ECB's policy was too tight. Inflation was not high in Greece or elsewhere in the Eurozone. That's opposite of the case of Turkey now. The monetary policy of the Central Bank of Turkey is too loose and inflation is high.
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  8. I've been told that the WTO rules don't prohibit political tariffs etc. though I've not checked that myself.
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  9. "Second, the Opéra de Paris régime is motivated by the fact that you just can't work anymore after your 40s in that line of work." What about ballet dancers in other French operas? I got the impression that they have a higher retirement age. Is that correct? If so, is there a justification for that discrepancy?
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  10.  @Ragondyn  It just seems weird to me if this one opera house has a special privilege. Professional athletes need to save a lot during their careers (or do coaching or product endorsements or something after it).
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  11. The fund has "only" about $200k per person so it doesn't make every Norwegian a millionaire (unless you meant in Norwegia Krone terms rather than USD terms).
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  12.  @Ziggy_Wolf  "That's one of the reasons we will never join the EU." Would EU membership really affect pensions? I thought the main reason for you not joining the EU was to avoid being subject to the Common Fisheries Policy.
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  13.  @Ziggy_Wolf  "our way to make cheap electricity [...] pensions" I'm pretty sure electricity and pension won't be affected. (Fisheries obviously would, though.) "pension funds merged into EU budget" No, nothing like that exists so that's a non-reason.
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  14.  @Ziggy_Wolf  No I'm not Icelandic but I don't need to be from Iceland to know that pension policy is not set on union level and national pensions are certainly not merged to the EU budget.
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  15.  @Ziggy_Wolf  "PERSONAL PRIVATE PENSION FUNDS...........! Not TAX BASED like other nations. They are doomed when tax income drops." The EU doesn't set income tax rates either. None of this would be materially affected by EU membership. (Though Iceland might still want to not join due to other reasons like fisheries.)
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  16. "So what's wrong with pumped hydro?" Not much where you can build it but the amount of suitable sites is limited.
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  17. The ECB hasn't been printing enough money. Inflation has been below the 2% target for a long while.
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  18. It's just a dialectal variation in pronunciation of "nuclear", much like the Brits and the Americans pronounce "bath" differently (with a back vowel in British English and a front vowel in American English).
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  19. Though Japan doesn't have the same kind of public pension system.
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  20. Well, Visualpolitik is a Spanish channel, though the English language versions of the videos may be recorded somewhere else.
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  21.  @SpykerSpeed  "He's not Hungarian, he's Jewish." Being Jewish doesn't mean he's not Hungarian. Most countries have minorities. Those minorities are still nationals of that country.
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  22. 0:40 "Trillions, with a capital T" I spell "trillion" with a lower case t.
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  23. Ideally, pension systems should be at least partially funded rather than pure pay-as-you-go. However, if the existing system has a very low funding rate or is a pure pay-as-you-go then the funding rate can't be increased all that quickly or else you'll completely screw over one generation (who ends up paying for both their own pension and that of the one before them).
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  24.  @JohnDoe-uk2iu  "No Archegos gave the same collateral to all the banks." I don't think that's the case. Where did you hear that?
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  25. I heard Baked Alaska's finances aren't in good order either.
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  26.  @SuperLusername  "sorry, I dont really understand why would anyone lend currency to Soros so he can short it. Dont you screw yourself then?" You're not better off by not lending him money. By lending him money the banks that serve his hedge fund can still charge interest and fees. Theoretically, they could themselves bet against the Pound but banks aren't generally in the business of making such speculative bets. They're just middlemen. Also, the Pound falling isn't a disaster for them or anything because they also have debts denominated in the Pound, not just assets (like loans to Soros' fund).
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  27. They are nuclear.
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  28.  @genstian  "they are salary linked, not inflation linked" Pensions that are in payment are subject to indexation.
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  29. My understanding is that it's reasonably close. In modern Turkish 'ğ' is usually silent (whereas it used to be pronounced [ɣ] in the past).
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  30. 48.4 years based on a short googling. Are you perhaps confusing average age and life expectancy?
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  31. Do you think Erdoğan is going to lose the next election?
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  32. "How much do central banks print each year and give away to banks these days?" None, if you meant "give" literally.
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  33.  @LichuStar64  "this tells me the money somehow remains with the banks" But to get that money they have to sell something of equal value or they borrow it meaning they have to pay it back. Also, at least in the Eurozone the ECB actually imposes negative interest on bank reserves meaning the banks actually have to pay the ECB if they just hoard reserves.
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  34. "Who’s renouncing nuclear?" Germany, unfortunately.
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  35. It's just a dialectal variation in pronunciation, much like the Brits and the Americans pronounce "bath" differently (with a back vowel in British English and a front vowel in American English).
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  36. This has nothing to do with the EU. It's the individual member states who decide the structure of their public pension systems.
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  37. Well, it was Russia that went to war in this case, not Ukraine.
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  38.  @Labistouket  Japan's tax to GDP ratio is 32%. Is the French one really lower than that? I highly doubt it.
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  39. It's just a dialectal variation in pronunciation, much like the Brits and the Americans pronounce "bath" differently (with a back vowel in British English and a front vowel in American English).
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  40. "1980:ice age will kill us ( so we need to HEAT up the atmosphere)" Next to one to be taken seriously said that we should heat up the atmosphere.
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  41.  @samuelmorales2344  That's kind of beside the point.
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  42. "Every pension system is PAYG with extra steps." That isn't true. E.g. the Dutch system is 100% funded, the opposite of a pay-as-you-go.
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  43. The efficiency is too low.
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  44.  @HKspurs10  "with improvements in technology, it will get better" I don't think it'll get good enough anytime soon. Roundtrip efficiency is something like 30%.
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  45. Haha!
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  46.  @doujinflip  Temporary storage is fairly unproblematic and in the long term it can be buried underground.
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  47.  @SmokWawelski4D  To my knowledge, Superphénix wasn't a research reactor but a prototype commercial reactor. Granted, subsequent non-prototype reactors could possibly be more reliable but more conventional reactors have remained commercially more viable. Also, one of the reasons alternative reactor types like fast breeders were investigated was a fear over uranium supplies running out. However, new deposits have been found and arms reduction has resulted in militaries contributing less to uranium demand and also many decommissioned weapons have been turned into nuclear fuel for commercial use. All this has made uranium cheap and likely to remain like that in the near future which has weakened the commercial case for fast breeders (and to some degree thorium reactors). Conventional reactors are both easier and mature making it difficult for more exotic reactor types to compete.
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  48. "The pension system is unsustainable in every European country." It's not in the Netherlands.
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  49.  @C-Culper4874  "At no time was any component of ammo for a 109 or 110 called a shell." But to the degree you are using the word "shell" for anything, using it for the explosive projectile is the most common usage. Insisting that it can't be used in the case where the projectile and propellant charges are separate is wrong.
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  50.  @mrvwbug4423  "Given the choice most Americans are going to opt for more living space for the money they spend so they tend towards suburbs and exurbs." But I don't think these individual buying choices explain the prevalence of suburbs. Even if families are willing to pay more for a home in a low-density suburb they're probably not willing (or able) to pay so much more that developers wouldn't make more money by packing more families into a denser development, at least in high-demand areas. Why do they build low-density suburbs then? Because in many areas zoning only allows for R1 housing, which a political decision rather than the result of market forces.
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