Comments by "Infidel Heretic" (@infidelheretic923) on "VisualEconomik EN" channel.

  1. Another thing not mentioned in the video is that in 2008 to counter a recession China also invested heavily in high speed rail infrastructure. The first few lines were a success, improved people’s lives, and easily paid for themselves. The problem is that they didn’t know when to quit. They built more and more lines to less populated areas and now have nearly a trillion US dollars in debt when operating and maintenance costs are factored in.
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  2. Being taxed even when living and working abroad is a pretty strong incentive not to leave.
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  3. Tourism despite not being a raw commodity in of itself might have similar long term economic effects as the “resource curse”.
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  4. Plenty of nations get American tax dollars and don’t manage to achieve anything near this good. The grants to Israel are mostly just vouchers through which they can purchase American made weapons. Though Israel makes plenty of its own, america does this pretty well and the real winner is American weapons manufacturers.
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  5. "Are you saying that it's possible for Ukraine to lose just because it ran out of money?" "Yes" "....Well shit."
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  6. Even if they capture all of Ukraine’s territory. It’s already a defeat. Their military has been humiliated, their economy is crumbling from within, two new countries have joined NATO, and their allies have deserted them. The only reason he keeps doubling down is the sunk cost fallacy.
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  7.  @DerToasti  It shouldn’t be too difficult to commute from somewhere outside the country. The EU has open borders between member countries.
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  8. We are going to need a lot of carbon neutral power to replace fossil fuels. Nuclear power is safer than coal and natural gas and could justifiably be used just to save people from the lung cancer and asthma. Make the legislation more reasonable and give it government support.
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  9. The thing is. Infrastructure costs remain relatively the same regardless of how many people use it. But with fewer people using it you have less money to maintain it. Yes you could perhaps begin removing some of it and demolish some old under populated neighborhoods. But that would also divert your diminishing manpower away from maintaining the Infrastructure you still do need. No easy solutions here.
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  10. He wasn't the only one to give them this warning. And other things Trump did with regards to Putin were let's just say less than helpful.
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  11. ​ @dagda3000  Poland did have a plan in place for this eventuality despite being very dependent on Russian gas themselves. They built a pipeline to Norway and a regasification plant on one of their ports. Just in case Russia ever decided to pull the plug. They also considered but haven't yet committed to building nuclear power plants.
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  12. Yeah it sounds way more appealing when your whole country is a "special economic zone"
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  13.  @gzoechi  If he gives up he would have to tell the Russian people that all their hardship and all of those Russian men died for nothing. So he’s going to keep this up for at least as long as he lives.
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  14. They're not as rich as they appear. They are a middle income country with a population collapse that rivals most developed economies. Without the benefit of large numbers of immigrants coming to fill the gaps. They got old before they got rich.
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  15. Norway's per capita income is almost double Hawaii's
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  16. But it would also drive down the real estate prices of the surrounding neighborhoods. There’s a push pull antagonistic relationship between existing home owners and aspiring homeowners.
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  17. The Middle Ages were Agrarian. Post Industrial Revolution their ideas on how to govern a country are abject failures. In fact upon closer inspection they weren’t even that great back in the day.
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  18. Probably best to go for the lower cost electric rail lines that can move cargo and passengers.
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  19. I suppose that also means no communist countries either. So do these terms really mean anything?
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  20. I agree with that in principle, but we can’t necessarily just force companies to work more efficiently through top down legislation.
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  21. Not all innovations push mankind in a helpful direction. Chat GPT might have the opposite effect automating the process of spreading misinformation
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  22. Can you name ONE nation that has bad relations with the west and is prospering?
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  23. A debt ceiling is just a political football to pretend that they’re going to solve the problem. Removing it completely would improve the US’s credit. What we should do instead is make thoughtful spending cuts and raise taxes enough to undo the cuts made by the last two republican presidents. We could also save a great deal by reducing military spending, and ending the failed war on drugs, and legalizing weed at the federal level.
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  24. An interesting way of putting it.
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  25. How in the hell does Iceland not have trouble hiring specialists in a country of 300,000?
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  26. The greens should have been the staunchest allies of nuclear. Now Germany’s grid runs off mostly coal and natural gas!
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  27. Sort of yes.
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  28. It would very much be in our best interest to stop burning oil long before it runs out. Because the effects of climate change will already be catastrophic long before we run into the simple problem of running out of oil.
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  29. Manufacturing migrated to wherever the low cost labor is.
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  30. Some certainly do. But more than 50% of US citizens spending more than 50% of their income on rent? Citation needed
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  31. Venezuela devaluing its currency?!! Outrageous! Good thing that never happened. Lol.
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  32. State capitalism done wrong! Should have just left their commodity sectors alone and let some foreign companies set up shop where it made sense. Domestic industries could have grown organically in those sorts of conditions.
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  33. The constant bailing out of zombie companies is probably the most easily solvable problem facing Europes economy. Less easy will be it’s demographic decline.
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  34. Somebody has to have the balls to reduce the pension payouts.
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  35. Educated workforce, lots of natural resources, navigable rivers and access to the ocean, and cheap energy supplied by Russian natural gas…wait uh oh!
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  36. @stevehayward1854  Germany doesn't have anywhere near enough sun or enough wind for that to be viable. What's more, since energy storage isn't viable either wind and solar requires natural gas as it's back up. It would be better if they just built and maintained proper nuclear power plants.
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  37. They’re too authoritarian at least in part because of their religion. Give them democracy and they immediately throw it away. Muslims vote for Sharia and flee to secular countries.
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  38.  @irwainnornossa4605  I would be in favor of a four day work week. More overtime pay if they don’t give us an extra day off. But some businesses might become somewhat less competitive as a result.
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  39. Israel
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  40. I am fully convinced that the human race will go extinct long before the lifespan of the sun becomes a concern. It maybe far sooner than that. But I doubt we will go extinct anytime soon.
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  41. I assume the song is about the Rockstar lifestyle. Playing music is a fun activity many would and do for free. And women tend to be demanding, but weirdly less so if you're famous.
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  42. Decoupling sounds a lot more feasible and pleasant.
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  43.  @e.t.theextraterristrial837  Oh. Well that's not too had I guess
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  44. Giving up nuclear power was by far the dumbest thing Germany has ever done.
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  45.  @danfriedman2556  Compared to the potential cost of NATO waging war against Russia ourselves…the aid we’ve given to Ukraine is a major cost saver.
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  46.  @dmandog056  A few tons of radioactive waste stored underground is a lot better than using the atmosphere as an open sewer and warming the climate to the point where it threatens human civilization.
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  47. The Muslim world stumbled on science more or less by accident. There’s nothing scientific about the Quran or it’s teachings. So when the Mongols destroyed it they still had Qurans to guide them. The results speak for themselves.
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  48.  @stefanmesesan4990  Apologies friend. But i can only read English.
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  49. The debt limit in the US always ends with the ceiling being raised. Sometimes after intense arguments and the occasional government shutdown.
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  50. It may in fact be easier and cheaper to just give the people money directly and let them buy the things they most need.
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