Comments by "Tony Wilson" (@tonywilson4713) on "DW News" channel.

  1. I'm an engineer and you are basically right. I started informally studying economics a few years ago out of the frustration of dealing with clowns with economics degrees. I can tell you 2 basic facts. 1) Capitalism as we currently practice it isn't the capitalism we think it is anymore. If you go and listen to people like Mark Blyth they'll explain how's there's been 3 main versions of capitalism over the past 120+ years. There was the Gold standard that ended with the Great Depression and WW2. Then there was Keynesianism that ended with the stagflation crisis of the 1970s, which was followed by Reaganomics & Thatcherism which we call neoliberalism. We should have moved to something new AFTER the 2008 GFC and didn't. 2) The reason capitalism is failing is because when we needed to change after the GFC economists like Saadia Zahidi FAILED to do anything. They saw the bailout as a means to continue as if nothing happened. What its done is put about 90% of the developed world under immense stress. Its actually ivory tower clowns from places like Harvard, Yale and the WEF (like Saadia Zahidi) who keep telling us all is well. She isn't the solution she's the problem. Go watch Gary Stevenson the British economist, who's one of the very few economists with a functioning brain. He was Citibank's top trader in the world. So he knows his stuff and no wants to help people UNDERSTAND what's going wrong these days. He has a channel here on YT.
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  2. To the Hungarian people DON'T. I'm Australian go and look up how the Chinese have treated us lately. I've actually worked (briefly) in China and I found the Chinese people fine. Despite the language difficulties they were great to work with. What we do need to keep in mind is that our issues are NOT with the Chinese people but the Chinese Communist Party (CCP).
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  3. This highlights the worst aspect of social media. The great cries of "freedom of the press" and "freedom of expression" never seem to include the right to be accurately informed.
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  4. WHY NOT - Have you all forgotten what the American's did to Nordstream. That was $US20 Billion worth of damage and cut Europe off from cheap energy. It made it really easy for American companies to be competitive with shipping LNG to Europe.
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  5. EXACTLY - Nordstream was US$20 Billion in damage. Biden said he'd do it and then it happened and then American companies had no competition for their LNG.
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  6. That is such a priceless comparison. I'm Australian and that might just be the best YouTube comment I have ever seen. I'm sorry I can't give it a million thumbs up, but it does deserve it. 👍👍🦘🦘🦘🦘🦘
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  7. You're exactly right. I am an engineer (aerospace) and what we (as in society) call AI is NOT something that thinks. They are basically giant numerical models that use statistical analysis to set their parameters so they can MIMIC what a human might say or do. In certain types of data analysis where the task is well defined and repetitive like facial recognition and fingerprint analysis they can do it at incredible speed. What I hate most of all are the proponents of AI dramatically overstating its capabilities while underplaying its threat to society. The immediate threat isn't a Skynet "nuke us all" scenario, its mass unemployment because there are clowns who believe the AI will just do the job better, faster and cheaper. that might be Ok in a few places but when corporations suddenly dump massive slabs of humanity onto the streets its a problem. All of our modern capitalist economies operate on SPENDING. To spend people have to earn money first. Even with credit people must still earn. If a society is NOT earning enough money it CAN'T spend enough to keep the system going. Its a fairly simple concept and most of the worlds economists and journalists are willfully ignorant that their jobs will be among the first to go. Who will need an economist when the AI can do market analysis faster and more reliably. Who will need expensive news anchors, analysts, weather presenters, camera operators, sound people, lighting people and producers when the AI can do it all in a simulation and pump it out. 🤯🤯🤷‍♂🤷‍♂
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  8. Australian here and I totally agree. This sort of protest DOES NOTHING but aggravate an already stressed world. In most cases I empathise with their cause. My family are from farming so I get some of what they claim about farmers needing support because that's where our food comes from, but this is the worst way to go about it.
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  9. Yeah but she's mouthing off like a typical American and there is something very misleading in this. All militaries operate trucks, tanks, jets and ships. Plus they have vast numbers of portable generators. Not only do all those burn fossil fuel but they consume huge amounts of energy making all those trucks, tanks, jets and ships. The only exception are the nuclear ships & submarines but even then they have emissions during construction. So by the very nature of their basic operations all militaries are big emitters.
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  10.  @opinion4755  I totally agree. In a discussion that needs clear rational arguments she's borderline hysterical.
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  11. Great comment.
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  12. Absolutely correct. Not only should they be outed but de-platformed as well.
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  13.  @davidmoss2576  That's an idiotic conclusion based on hot air.
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  14. EXACTLY - Because they have all forgotten that the Americans blew up Nordstream Biden said he'd do it and then it happened and then American companies had no competition for their LNG. Nordstrem was US$20 Billion in damage.
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  15. When the French Government paid the Equivalent of $2Billion Australian for each nuclear powered Barracuda and then DCNS asked Australia to pay $7.5Billion for each of the conventionally powered Barracuda - WHAT DID THEY EXPECT?
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  16. When the French Government paid the Equivalent of $2Billion Australian for each nuclear powered Barracuda and then DCNS asked Australia to pay $7.5Billion for each of the conventionally powered Barracuda - WHAT DID THEY EXPECT? DCNS were ripping us off - simple as that.
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  17. As someone from Victoria I find the numbers quoted as utterly ridiculous yet also understandable and Brisbane needs to wake up because you're facing the same issues. I'm an engineer and we have a horrendous epidemic of government project gouging at the moment. Its been there for a while in both government and in the corporate sector, but its now totally out of control. Other than many of the infrastructure projects the Navy's submarine and ship programs are totally out of control. I've spoken to some other engineers about some of this because we've seen a fair amount of this sort of price gouging during the mining boom and some of that was pretty bad, but this stuff is totally out of control. Here's a simple example. The Navies new Arafura-class offshore patrol vessels are $300 million each and that's more than 10x what the Armidale-class boats they are replacing cost. You'd expect some increases due to inflation and that they are bigger, but 10x the cost is ridiculous. Also the new frigates are more than 3x the cost the British are paying for the same ship. There's no explanation other than we are being ripped off. I strong suspect we'll find out that these issues with external consultants has a lot to do with it. What most people don't realise is that these consultants are NOT there to provide solutions. Their obligation is to their employer and their employer's profit. I think Dan Andrews has simply said "We've had ENOUGH and are not going to be ripped off any more."
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  18. Definitely shady. Dylan Taylor isn't an Astronaut and he's NEVER been to orbit. He paid for a ride on Jeff Bezos sub-orbital Blue Origin NS-19 (its on Wikipedia). PLUS the space shuttle was expensive but it wasn't US$100,000 per kg to orbit. For most of its life the Space Shuttle was around US$40,000 but around the time of the final missions it was about UD$54,000. Plus SpaceX is NOT as low as $1,000/kg either. Falcon 9 is about US$2,700/kg and Falcon Heavy is about US$1,500 BUT those figures can also be misleading because it all depends on WHICH ORBIT they are sending the payload to as well as how much the payload actually weighs. The Space Shuttle cost around US$450 million per launch and that had nothing to do with how much it carried into orbit. If it flew with the full 30ton limit to Low Earth Orbit that's around US$15,000 per kg NOT US$100,000. But if the Space Shuttle had to go to the ISS which is at a higher altitude then at most it could take 16 tons at a cost of almost US$30,000 per kg. But then the US$450 million per flight is just the sort of accepted costs per flight. What he's doing is comparing the best cost for one company against the worst case of another company. The problem with idiotic media people NOT asking pertinent questions as happened here is that the viewing public end up MORE NOT LESS confused.
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  19. The Panama papers were released and NOTHING happened and NOBODY went to jail. The Paradise papers were released and NOTHING happened and NOBODY went to jail. Anybody who thinks anything will happen or if anybody will go to jail with this load is just wishful thinking.
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  20. When the French Government paid the Equivalent of $2Billion Australian for each nuclear powered Barracuda and then DCNS asked Australia to pay $7.5Billion for each of the conventionally powered Barracuda - WHAT DID THEY EXPECT?
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  21. Fine, while he's at it Jesus can teach you to spell. Its vaccine with 2 c's. 🤷‍♂️🤷‍♀️
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  22. You forgot to mention Facebooks involvement with Brexit and the Cambridge Analytica data scandal. But there is a far wider issue with the media landscape being so concentrated in the hands of a very small number of people. It doesn't matter if we talk about Zuckerberg or Murdoch or any of the others. ITS AN ISSUE THAT THREATENS ALL OF US
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  23.  @bidzej86  Prof. Mark Blyth (Brown U.) had a great comment specifically about Fox Media and the Murdoch family but I think it now applies across the board to some extent. Of the Fox he said "Their product is rage!" as in what they are selling to their audience is commentary to be enraged over. look at what their commentary is about and importantly how its delivered. Everything is about being outraged at what the other side does or says.
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  24. I'm Australian and was in Canada for work around the time Trump tore up NAFTA and imposed tariffs. At the time there was a scandal over a government labor contract and the Paradise Papers had exposed many of Canada's elite for institutionalized tax evasion. All that stuff sounded just like here in Australia except our elites were caught up in the Panama Papers. I keep trying to tell people that all these sorts of things are the same everywhere. Look all across the Western World and you will find the same sorts of stress, anger and frustration. Mark Blyth the Scottish professor at Brown U. calls it Angrynomics - the effect generated when most people in the country believe the economy no longer benefits them.
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  25. Because rich people like making money!!! 🤷‍♂🤷‍♂🤷‍♂🤷‍♂🤷‍♂🤷‍♂🤷‍♂🤷‍♂
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  26. Interesting point. I'm an engineer and all of the German engineers I have worked with and all the engineering hardware I have worked with have been incredibly good. In engineering the German education is brilliant. Across the board its as good as any country and certainly better than most. For sure most countries have specific Universities or colleges that are first class but they don't seem to have the consistency across the entire system that Germany has.
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  27. Yeah I'm Australian and found it ironic that a group of Germans are talking about the terrible consequences of electing a destructive clown show. Maybe it would have added gravitas if they'd said something like "As Germans we know what can happen when this sort of thing goes too far!"
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  28. No the real joke is that the Chinese have actually built a replica or updated version of the MIR Space Station. The 5 port ball shaped docking port on one end with the robotic arm for moving modules around and the 6th axial port at the other end is the same configuration as the MIR core module. In some ways it makes a bucket of common sense. Why reinvent when you can do what the Chinese are best at COPY what others have done. Plus MIR proved it was fundamentally a good design that did what it was meant to do. 🤷‍♂️🤷‍♀️
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  29. Similar sentiments from Australia. Following the serious fires 2 years in a row we've also had some flooding, but our recent floods are not close in destruction to this.
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  30. I'm an Australian engineer who works in automation and control systems. There's a saying German engineers have: There's the right way, there's the wrong way and there's the German way. I must say that in general I will always put a German option on a project. If for no other reason than its incredibly rare for them to put a product on the market that does not do as specified. if there is one complaint I have about German engineering its that they are totally garbage at written documentation. Technical drawings and schematics are always near perfect but instruction manuals - Aaarrrrggghhhh.
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  31. Yeah, but never lose sight of what type of political actor this guy is. He is only every really interested in one thing, his bank account. NOT YOURS.
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  32. When the French Government paid the Equivalent of $2Billion Australian for each nuclear powered Barracuda and then DCNS asked Australia to pay $7.5Billion for each of the conventionally powered Barracuda - WHAT DID THEY EXPECT?
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  33. That's not a Chinese problem its a developed world problem. The fastest growing business sector in many western nations is aged care. One of the consequences of Brexit are what do they do with all the Poles and others who moved to Britain for the aged care sector. I'm Australian and we have these issues growing as well. I know Japan has an aging society for the same sorts of reasons, the story mentions that as well as Germany. Plus there is a consequence of the 1 child policy that is rarely spoken about and that is the generation where the men outnumber the women 3:1. China like many societies places a lot of value on a son taking on the family name. They dumped millions of unwanted girls in orphanages. Where do you think so many westerners got their Chinese baby girls from? That's an issue that will one day cause serious issues because when there aren't enough girls to go around men do not act well. I don't know why any of this story is a surprise?
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  34. You are so right. I have seen her discuss Putin and Russia and without any doubt she's got a better handle on this than most others.
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  35. That's very accurate. I was in China 3 years ago for work and the Chinese people are just like every one else. They go to work every day trying to provide for their families and make their lives better. It really is that simple. The interpreter we had told me something very interesting one morning at breakfast. We talked about job loses to China and she told me that China didn't have to take any jobs, Western Companies came looking for cheap labor where there were no unions. BUT the real eye popping thing she told me was that Chinese workers are scared of losing their jobs to even cheaper labor in Africa. That process has already started with companies leaving China for Africa.
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  36. From Australia "G'Day China, welcome to the modern real estate bubble club" From America "Hi China, welcome to the modern real estate bubble club" From Japan "Konnichi wa China, welcome to the modern real estate bubble club" From Britain "Good afternnon China, welcome to the modern real estate bubble club" From France "Bon jour China, welcome to the modern real estate bubble club" From Italy "Ciao China, welcome to the modern real estate bubble club" From every factory worker in the Western world who lost their job to China over the last 40 years. 😂🤣😂🤣😂🤣😂🤣😂🤣😂🤣
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  37. That's a fair call against America they have interfered in many countries and broken many laws and rarely been held accountable. Now can you answer any of the 3 questions asked, because Mr. Wang didn't? He avoided, he dodged and he lied. 1: How is the Hong Kong national security law democratic? 2: How is the internment of up to a million Uyghurs in Xinjiang justice? 3: How are unilateral Chinese actions in the south china sea peaceful?
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  38. Like every US Presidential election there will be a list of names NOT JUST 2. Also Americans DO NOT have to vote. Yes the American system is flawed but then nobody else's system is perfect either.
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  39. That's a great point I just made in a reply to another comment. Nuclear powered ships and subs don't emit much once built, but getting them built does. I used to work in the auto industry building manufacturing cells and lines. A little understood fact about motor vehicles is how much energy (with the emissions) is required to make a car. Depending on the type of car and how its used it can be anywhere from 15-25 years of operation before a car on the road emits as much CO2 as their is emitted making the car. People forget just how much it takes to get the metal out of the ground and get it processed and then made into parts and then assembled into a car. Then there's all the plastic components. And recycling doesn't help that much because recycling also uses energy and if that energy is carbon fueled the re-cycling is also an emitter.
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  40. Yeah - did you notice how he deflected the question regarding if it was wise to shut of the nuclear power. Nuclear has its issues for sure but Germany's nuclear plants were fine, well maintained and produced next to zero CO2. If they had shut down the coal fired stations then Germany would be CO2 neutral or close to neutral already. I'm an engineer and this is the huge problem most non-technical people don't get. Not only do we have to transition away from fossil fuel but we have to do it in a way that doesn't bankrupt our societies. Germany had working operational CO2 minimal plants and turned them off instead of the plants that spewed out CO2 by the ton. Despite spending €1.3Trillion on renewable energy Germany's CO2 emissions went UP NOT DOWN. That's what this clown should have been asked to explain.
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  41. I'm Australian but went to college in America (late 80s) and you're right. Although the MONEY is just 1 of a raft of problems its possibly the biggest because its the most influential and what its done is like radiation poisoning. Its not obvious at first how much damage has been done but by the time you find out its a major problem because its shows up EVERYWHERE. I did engineering NOT law or US history but a bunch of my friends were pre-law and they used to drag me into all sorts of their discussions. my political education was sort of limited to studying Orwell (Animal Farm & 1984) in High School. So I'd argue that any country can fall into a dictatorship if it wasn't careful. They argue back t=how that was impossible because of America's system of checks and balances. What the money has done is wreck that system of checks and balances and its done it through interferrence. The billionaires funding so much of it have simply got their politicians to prevent things from working. They have the mindset that government can't do anything right so they make that into a self fulfilling prophecy by interfering with any government agency like the EPA or IRS, that they can. I did aerospace engineering and I see it in the issues with the FAA and what's happened with Boeing and air travel safety in general.
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  42. EXACTLY - Biden said he'd do it and then it happened and then American companies had no competition for their LNG.
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  43.  @geoeconomics3067  Learn how to write a coherent sentence before you start trying to criticize others. Clearly English isn't you native language so I doubt you understood what I wrote anyway.
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  44.  @freemanol  Do you know that both the American neo-cons and the founders of Al Qaeda both believed that democracy was flawed because people would vote for their perceived interests (as in be selfish) rather than vote for what's best? It was one of those bizarre things that surfaced after 9/11.
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  45. I'm Australian and grew up in Victoria (South East) which is a similar climate to parts of Europe. In 2005 I went to work in our mining industry. I'd experienced hot days before but it was nothing like what I experienced. The air is so hot and dry it just sucks the water from your body and its dangerous. My first major project was in the area where they filmed Crocodile Dundee (far North) and it was either hot and dry or hot and humid. Unless you know how to handle your hydration these conditions are incredibly dangerous. Its incredibly easy to think that just drinking anything will help and in some cases it is, but over days and weeks it isn't. Things like sports drinks and fruit juice can be lethal because of the sugar content. In the Australian mining industry we get told these things all the time: The number 1 choice is plain water - drink lots, but women need to be careful because older women can end up over hydrating and causing other issues. The number 2 choice are the actual specifically designed re-hydrating formulas. NOT Sports drinks or powders as those have sugar. The specifically designed formulas all carry warnings on how much you can have each day. Like some things a little can help but too much can cause issues - its a balance thing. The number 3 choice are "low joule" cordials which have little or no sugar, but don't over do it. We get told if we want a bit of flavor do it as little as possible like 1/2, 1/3 or 1/4 strength. Most of all look at your urine color. The more colour it has the more water you need to drink.
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  46. Please learn how to read, write and spell in English before telling the rest of us what to do.
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  47. You have actually hit an important point. Thinking through what you really expect out of a project and then HONESTLY evaluating if it will deliver. I'm an engineer and its not simply a matter of what worked and what didn't work in China its a matter of what were they actually doing with these projects in these countries. Were they actually building stuff that would help or were they building stuff that would be a series of debt burdens? This is something all countries have to deal with at times. I'm an Australian engineer and we have lists of projects that were great successes and lists of stuff we'd really not want anyone to know about. I did my degree in America and its the same there. If you dig around you'll find it in every developed nation. The difference usually comes from POLITICAL DESIRE. What are the politicians looking to do. Most of the time its attention and prominence. As an engineer I can tell you there is nothing more profitable than a clown with other people's money who wants to put their name on brass plaque and nail it to some edifice.
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  48. Australian engineer - the problem is that most people have NO IDEA what efficiency means. For engineers its simple we have equations and data and can make calculations. However there's also the issue of effectiveness. You can have the most efficient engineered system in almost any field but if it doesn't work or costs too then its NOT effective and that's a problem. For things like government efficiency its the same as any other office in industry. Its totally subjective and what 1 person sees as efficiency another sees as waste and a lot of people in between have no idea or just don't care. The only real measure is effectiveness and it is possible to put some comparative numbers to that. For an organisation like USAID their effectiveness could be measured by: - What's the GDP growth if you're an economist? - What's the growth in wages and/or wealth for various segments of the population? - What's the number of people finishing school compared to previous generations? - What's the percentage of the population LEAVING a particular country or region compared to other nations?
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  49. No the real joke is that the Chinese have actually built a replica or updated version of the MIR Space Station. The 5 port ball shaped docking port on one end with the robotic arm for moving modules around and the 6th axial port at the other end is the same configuration as the MIR core module. In some ways it makes a bucket of common sense. Why reinvent when you can do what the Chinese are best at COPY what others have done. Plus MIR proved it was fundamentally a good design that did what it was meant to do. 🤷‍♂️🤷‍♀️ So on one hand its pretty damn impressive in that they have built and launched a modular space station. But on being a technological breakthrough - NO, not even close.
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  50.  @sammendy138  Go ask the Africans on that one. One of the great claims the CCP makes time and again is that they don't interfere like the Russians and Americans. That's only true in the methods they employ. As far as interfering goes they are just as bad as any empire has been.
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