Comments by "Doncarlo" (@doujinflip) on "The EU Could Die (If It Fails To Reform)" video.

  1. ​ @stanislavfrul6339 Currencies dropped gold backing for a reason: down-cycles easily become catastrophic crashes. The inflation caused by printing money also acts as a buffer from a deflationary death spiral, and is self-correcting as long as it's not aggravated by overly supplying cash into the economy for too long.
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  2. ​ @yakumoyukarina Designed and QC'd by Western firms. The ones that don't are dumped into markets desperate to break out of the middle income trap, if they're even developed that far.
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  3. He is Polish. His name is Hubert Walas.
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  4. ​ @FootSoldierGD You mean China is the hub of _imitation_. Most of those patents are trash or at best minor tweaks to foreign designs. The reason XJP is so desperate to develop "new productive forces" is because their native innovation capacity is so terribly weak.
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  5. ​ @icu17siberia Overly saving though affects demand and thus productivity in general. This is the deflationary death spiral dilemma China currently faces as their modern culture of splurging only on real estate and education and skimping on everything else leaves them no ready alternative for their economy now that both of those "investments" have permanently stalled in returns.
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  6. Macroeconomic dynamics means debt isn't as crushing to countries as it is to individuals. That's because countries often use their debts to fund things that are vital but usually unprofitable on their own, like infrastructure, defense, and education.
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  7. Although Europe doesn't seem to assimilate their newcomers all that well, probably due to ghettoized communities and limited socialization from host natives outside of the workplace. This leads to defaulting towards some off-putting old country ways in their new home, like placing faith over logic and life goals of high-status shamming over gaining pride from personal handiwork.
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  8. ​ @CandiceMMartinez Casually ignoring how the last two world wars involved America not being involved in global affairs until those regional conflicts grew out of control. Isolationism makes this bound to happen again (nuclear-tipped this time) as a world without America everywhere fractures into "multipolar" fault lines of militarized conflicts.
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  9. More like merely decisiveness. East Asian cultures were so determined to industrialize that they made children a financial liability, and now their racial purity is at risk of literally dying out of existence.
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