Comments by "" (@TheDavidlloydjones) on "It’s So Much Worse Than We Thought | TikTok Ban Imminent | Chinese Economy" video.

It's highly plausible: A single party state without a competent loyal opposition is in real trouble if the guy in charge is a dope and everybody in the line of succession has to flatter him to get ahead. "Dictatorship of the Proletariat" is as dangerous as letting your entire sphere of information be dominated by the imaginings of spiritualists. Some people's church worships beings in the sky. Another bunch worship in church of Victorian era springs-and-billiard-balls economics. "Dialectical materialism" ==> easy. All the billiard balls bump into one another. Fools to the right of us. Fools to the left. Stuck in the middle with who?
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@JohnJaneson One way you can make huge profits is you produce cars in a low wage country, Call it MiddleCountry. And you sell them, at a profit of course, to yourself in a high wage country. Then you put them on your balance sheet as assets in your companies of this BigUnitedCountry. Then you call in the auditors you pay, and they advise you, not anybody else, that you're amassing valuable inventory from profitable producing companies you own, so Happy Days. Bingo: most profitable car company in the world, even if you nave no customers but yourself. Put out enough press releases -- and pay all the stock brokers commissions that get bigger as prices go up, and then what? Happy, Happy , Happy , Happy Days. That's what. Couldn't happen? This is the only thing that has happened in the last thirty years. Put very slightly differently, Do I think Elon Musk is doing with cars exactly what all of the Wall Street of Bernie Madoff's generation did with everything except cars? Yes. .
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The rural areas of North America have had their safety net in place since 1936 in outline, and since 1950 in fact. Farming, dirty hard work, has been so profitable that it's paid the eldest sons to get machinery to do their work, and paid for lifelong holidays, selling insurance or whatever, for the young 'uns. Rural areas have rich folks and workers. The rich folks will collect their Federal price supports, and the workers will scrimp and save to buy that grocery store back in Ecuador or some odd Guiana when they get old. .
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I'm sorry, the fact that Trump is threatening to blow up the world's economy -- which has been based for the past 3,000 years on international trade by sea -- is emphatically *not* good news for China, as you say in a bizarre moment around 2:20 My insane uncle has decided to chop down all my neighbours' trees -- and he has a mining-overburden saw which will go through trees like a mower through daisies, so he's one powerful dude. So now the nasty guy down the street is celebrating like he's won the lottery because we're going to have no trees up here? That theory doesn't make sense to me. If we destroy all our trees (the way the Russian oligarchs are destroying the forest of Siberia, to take a frighteningly parallel real world possibility) that doesn't make anybody richer once the trees are burned or turned into wallboard. The world really is One. If all the craziest MAGA fears, or at least the ones attributed to them by observers of a slightly Trotskyite bent, are true -- if they're right then we're all impoverished. Duh. It really is that simple: fools running around destroying things using powerful tools really, really are bad for everybody in the joint.
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