Comments by "Gabor Rajnai" (@gaborrajnai6213) on "UnHerd"
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lol America this America that, prof Mearsheimer, do you know what will happen if the G7 joins up China? America will have no other choice than to comply, because then 75% of the world econmy stands against 25% of the world economy. Chinese would love the Euro as the world's reserve currency, because they dont want the yuan to be as strong of a currency to hamper their exports, while Europe is not a challenger to them. Also 40% of the shares in all american comapnies held by foreigners mainly Europeans, and the EU would actually love if that money would come back to Europe. Trump will be a disaster for the China containment policy if he antagonize Europe, and I would argue he will be even more disatrous to Israel, if the situation will be poisoned and Europe dedollarize. That means straight out deals with the Saudis at the best case, and Iran at the worst case to accept Euro for oil. If Iran get security guarantees from Russia and Europe, thats game over, period. Not even because of the military implications, but because the collapse of the secondary sanction system. From that onward everybody would straight out laugh at America's face whenever they tell, they wont trade with a country who trades with a country they put on their sanction list. Its vital to trade with the US as long as they own the "gold standards", its only a good to have if theres an alternative. Harris could have pulled it off, if the Europeans see Trumpism as a permanent threat, they will look after their interests.
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Lol mr Fergusson you dont get it how technological innovation in business really works. University is one very minor part of it, free society even minor. The huge part of it, is that Iphone and Samsung has their R&D department next to each other in Shenzen, the engineers from both go to the same bars some got an idea and he instantly finds someone who can make it work from thousands and thousands of companies. As long as Xi doesnt hurt this ecosystem Chinese innovation is inevitable. Of course he makes mistakes, but those are actual western mistakes, like trying to predict technological future. It is unpredictable because noone knows what the next big thing will be. Of course we always try, we made social media, youtube and internet companies, because we knew at one day it will be the future, then the internet bubble collapsed. What was the root cause? Smartphones. When we tried to predict the future, we simply didnt have the hardware in hand to run it. Thatswhy its not the duty of the governemnt to pay companies for R&D because they will distort the natural flow into some kind of expected results. Yes AI will be the future, but we dont know how yet, thatswhy hyperfocusing on it is rather detrimental, because maybe we need some piece of the puzzle which doesnt exist yet. When the time comes it will just rush over the market, by two engineers solving a single problem in a Shenzen bar.
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