Youtube comments of DrScopeify (@drscopeify).

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  103. The Russian economy was set up by Putin to be dependent on Gas and Oil income - this is a bad design called Dutch Disease where a country income depends on just one sector of the economy to grow. In 2014 the USA started the Fracking revolution and the price of oil and gas collapsed as new supply became available. The thing is that Fracking is not just the USA but is now growing in China, Africa, and all over the world so the future is cheaper prices and Russia under Putin was badly designed to be highly exposed to this risk. Putin should have had a policy to make Oil and Gas a smaller part of the Russian economy by removing taxes, opening free-trade deals, creating tax-free industrial or Technology parks like you see in India today. This would have allowed Russian economy to be much more diverse and would not have suffered a big hit in 2014 from Fracking. The reason for the invasion of Ukraine is economics and Putin's desire to stay in power. This would not be an issue if Putin had designed the Russian economy better in 2000s and move away from resource export. The war since 2022 has provided work and better income to millions of Russians which is why they support Putin. It is all about money. However this is a phantom, mirage, as Russia has taken steps to prevent people from using the money they made - the inflation force will naturally remove this wealth that people have gained and make them poor again. That force, has been kept calm with all kinds of tactics to prevent people in Russian using the money they made. But sooner or later the day will come, 2025 or 2030 the day will come that inflation takes over the Russian economy and that will cause 2 issues #1 Russian will become very very angry at Putin so he will be in trouble #2 Russia might become addicted to war and unable to stop.
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  150. ​ @slaterslater5944  ​ The Police in the USA has nothing at all to do with the comment that MikuChan wrote. It is not very nice to hijack someone else's comment I will just have you know that the USA is a very big country and only a small part of the USA actually has a local Police force and so many areas of the USA can be a bit lawless or permit organized crime to operate freely which links American cities directly with the drug networks of Mexico and South American countries. This is a very unique situation and is nowhere to be found in Europe. A lawless Narco-state on the border, large land area that is nearly impossible to enforce laws and prevent illegal activity, a similar situation in Brazil. Keep in mind that in the USA there are 239 Police for every 100,000 people while in Germany it is 336 and in France 442 so the USA just has a lack of Police due to the size of the country and the idea of limited Government power which is part of the Public vs Private discussion as TIK discussed in the video. Here in the USA there is the idea of accountability of the Public to the Private citizen which is why Americans vote for local Judges instead of appointment from above as is common in Europe. Also, the USA is a Republic and so local changes are voted on by the local population, sure, sometimes it can be petty like the lighting on my street was polled if it should be converted to LED or not and what color, white or yellow light but this is part of being in a Republic and accountability for the Public/Government. For example many USA states wanted to legalize Weed and so state by state the Private citizens ordered a Vote regardless of the wishes of the State/Public voted in to place a law to legalize Weed based from the power of the Private person voting for it to be so. This is the balance of Power in the USA as a fully functioning Republic via Democratic system, as in: the majority wins the Republic vote. This is 2 systems working together for the better of society with no Politics or Politicians involved at all. What we call "We the People" we have the power to change the laws.
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  248. Let me explain something to everyone here. The USA cost of manpower went up in 1970s it hit $20,000 and now it is over $60,000, it became too expensive to use Americans to make AFFORDABLE goods so prices exploded up with major inflation, much much worse then the last 3 years. If Trump places 100% tariffs or 10% tariffs this will NOT it will NOT bring manufacturing back to the USA unless you make Americans willing to work for pennies on the Dollar which is not going to happen. So what is the outcome of Trump's Tariffs??? EVERYTHING You buy at Wal Mart or Ama zon or any store will go up in price 10% 100% whatever the tariff is and make YOUR life cost more. Will that bring jobs to the USA???? NO, of course not, Americans income level is too expensive then cost of goods will go up 300%. Look at the cost of SNAP ON tools, check the price difference. You will be FORCED to buy Snap On. So you will own way way way way less stuff, even if you really need it you might no longer be able to afford it. Trump will FORCE you to buy Snap On even if it means owning like 5 tools instead of hundreds of tools made in China or Japan or Vietnam or India. This is NOT how trade works. Trump will BREAK the USA, he will Damage your quality of life. Trump will only make the situation in this country WORSE. Just like how Ronald Regan made the USA worse by shutting down the Commercial ship building industry becasue we had to pay subsidy for every ship built, but guess what? France, Japan, China, they all pay subsidy for every ship built, it's always like that in history, but we in the USA lost ship building industry that had like 10 million workers all gone because of Ronald Regan wanted to let the "free Market" dictate who wins and loses so the USA lost a critical industry.
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  250. The economic models of different courtiers are based on their population. Americans in the 1970s had too many higher quality jobs available on the table and soon the price of labor rose too much for many different types of industry as the top of the US economy was pulling prices up and consumer goods manufacturing prices along with it, leading to a long run period of high inflation. The solution was outsourcing to Japan and then to China and the world to reduce costs as people in these countries are willing to work those jobs for a higher quality of life. Today China is in the same situation the USA was in during the 1970s and 80s, Chinese people are putting a lot of pressure on increase in wages and the CCP in China is fighting to keep a balance. The problem is that unlike the USA, China is not a democracy and so the CCP is it's own piece of the puzzle. CCP wants to keep power which means a balance but that balance time is running out. The CCP could slowly transition China to a more developed industry but at risk of sanctions from the west as western economic models are then at risk from China and also China is risking falling victim to the Japanese trap of low consumer spending cycle and also giving the Chinese people too much power which threatens the CCP's control. CCP as a result might try a hard break with the west in order to prevent Chinese people from getting too much wealth and power, to keep low end industry and low wages for local consumption within China going as normal and a high control over the high industry but this could lead to large drop in quality of life and wealth in China and lead to very Angary Chinese people and as such a risk to the CCP. The solution the CCP is now trying is to drum up anti west mentality to force the Chinese people to fall in-line behind the CCP but even so, cutting trade with the west is very dangerous for the CCP. The USA has the freedom to poke China and not get a response back but the USA is also part of the reason China's economic model is at a road block but only one of many reasons. The CCP could play a middle ground, by forcing western industry out of China gradually leading to a long term financial slowdown in China which would give the CCP both more power internally and also prevent too much Anger of the Chinese population. However, if the economy of China falls in to crisis and chaos this could all change. I have no idea what the future holds but there is a lot of different factors on the table.
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  274. What do you mean by quality? You mean reliability so stuff does not break? Then why does Range Rover sell for such a high premium or cars made by BMW/Mini and VW/Audi? Even Tesla has had plenty of recalls and quality issues. I don't think that is the issue here. The issue with JEEP is that it was a HOT item during COVID, people went out to nature, get away from cities, lots of people fell in love with off roading with record numbers of new people, but that is slowing down now so the market is flooded with used cars + all the new cars too. Also the Ford Bronco is stealing customers away. Jeep had a good price at the start of COVID but has really increased they showed 30% or whatever, they also have for sale many high trim cars and not enough cheaper lower trim options. RAM was ahead of the other pickup trucks between 2017-2021 it had a very strong run with the most advanced features but Ford and GM and even Toyota have all caught up and gone above RAM . Ford V8 5.0 gets like 23 or whatever MPG which is getting a lot of buyers, a V8 with that MPG is really changing the game, Toyota saw that and decided to stop selling the V8 and went all in with V6 Turbo instead with really nice design and advanced features, they had a defect in the new engine but I am sure they will sort that out. So RAM is in trouble but the EV might do well. I think the hope for RAM is down to the EV push or maybe a new V8 engine but its getting late in the game for that. RAM is also doing other things like the combination of rear locking diff + limited slip diff - I am not sure if they are the first to use that technology but very cool I can see them get at least some buyers just for that but we will see.
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  330. The problem with tariffs is that it raises the price on every America for every single item you buy that is imported and yet most of the goods you buy CANNOT be made in the USA due to the high cost of manpower, if you were to see the price of an American made product you simply WOULD NOT BUY IT. Do you own only Snap On tools in your home? When you need to repair your car do you only buy OEM parts from the dealer?? No it would too much. Tariffs will make it so every American can buy less = fall in quality of life. I am 100% for American made goods and I do think we need Tariffs on what China makes that competes with American made goods but not a TOTAL FLAT OUT Tariff on everything, even for things we do not make here, that will just lower our quality of life. Tariffs need to be strategic and selective not flat out on everything. Last thing, when we import goods made in other countries we send INFLATION abroad, we reduce our inflation, but if we import less and make more stuff in the USA we will 1000000% deal with higher inflation for longer, much much higher for much much longer, and so we will all suffer from the damage of higher inflation. This is why Ronald Regan opened up the USA to the world market, it lost American industry but finally ended 30 years of inflation trap and sent us in to the best years of the USA 1990s - When you buy some item made in another country you send them our inflation and excess money supply = lower inflation. Now it is true that inflation was too low from 2008 to 2018 that is when we SHOULD have raised tariffs to raise inflation. But now with 2% inflation long-term outlook, it's not that time.
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  367. That is false - the rate impact depends on the level of costs and debt, right now the USA has way way wayyyyyyyyyyyyyyyyy more debt and higher costs than in the 1980s or 1990s so need to be very careful to know and realize the impact of the higher rates. The economy is normalized to about 2.5% rate and we are now at 4.5% so the pressure is there right now about 2% above the economies expected rate. Americans are buying homes expecting the rate to fall in the future. The US Government is banking on lower interest costs. The FED is on a rate cutting cycle. So this is the problem here. On paper the outcome will be a recession and than the FED can cut the rate. This is also what Trump is banking on every bit of his policy is cheaper debt. We are indeed, right now, in a high rate environment by all the players and pieces of the puzzle. If you vestedinterest2021 has become normalized to 4.5% rate OK nice of you to take that on, but the US economy is not normalized at all. So there will be a showdown between the US population debt levels and prices VS the FED VS the President VS the willing ness to keep accumulating new debts. If American people decide enough is enough, no new debt, slowdown in consumption and begin paying off existing debts, then you get a recession and the entire board gets re-shuffled back to Mean. The entire USA gets a reversion to mean by a recession and then can play out from there the usual, Dollar weakens, exports gain, GDP rises, and out of the recession we go. The trick is that Trump is trying to get this done now in 2025 before the mid terms but a lot of forces are working against him, raising inflation will weaken GDP but may boost consumption as Americans begin buying stuff in expectation of higher costs in the future - so Trump ends up pushing the Recession out in to the future risking the mid-terms in 2026.
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  369. The issue with the trade deficit is that it means money from Americans is leaving the country every time they buy a foreign good which has lead to low inflation from 2008 to 2020 and that has lead to FED having to use Easy monetary policy which inflated the value of housing in the US market. This is not a sustainable path. Making goods more expensive is one way but the money is still leaving the US economy so making American goods/services cheaper in relations to foreign imports can help but it needs to be done VERY VERY carefully - a 10% or 25% blanket tariff is highly dangerous and could make US exports too expensive making the USA self sufficient but then totally decoupled from the globalized system which is what happened in the USSR. It was the Globalized system that tore down the USSR. The USA cannot risk making that mistake. If Russia could not maintain an internal economy which ended in 1990 the USA sure can't. Another issue is what was said in the view that Americans working in industry can find a path to other work but that is not a solution, low skilled Americans want middle class life style but they will not get that if working in Retail or Services like working for package delivery or serving up coffee is not the respect and quality of life they desire. So we DO NEED TARIFFS to make sure America has industry to support the population demand for low skilled work, it is a MUST, you cannot make low skilled workers have quality of life any other way, Retail, Services, are not the answer, that is a demotion and humiliation that American people every few years with unrest issues in the public.
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  377. It is important to remember that the EU has taken advantage of the USA far more than the other way around. #1 for 30 years since the fall of the USSR that Europe has been able to avoid spending money on military budgets and expect the USA to have to pick up the financial burden which is unfair. #2 EU has been very aggressive in targeting industry of the USA and moving it to Europe such as shipbuilding using government subsidy for the industry as the USA had to focus on military spending instead. #3 EU has promoted Airbus and other European companies at the expense of USA companies using dirty tactics such as diplomacy to close deals which has harmed the USA and Boeing. #3 The EU had built a relationship with Russia that takes advantage of cheap natural resources and exports products that beat out USA competitors while at the same time the USA is responsible for defending EU if Russia becomes hostile. #4 the EU created the EURO that is a direct competitor for the Dollar lowering the power of the Dollar and competing for global influence so the EU is a direct competitor for the USA on economic level. #5 the bodies of the EU do not change like Democratic countries do which has enabled the EU to have superior diplomatic powers to any Democracy and even out maneuver the USA which is dangerous because the USA has important tasks it needs to preform to keep the world stability such as ensuing open and free waters around the world if the EU is able to win large victories against the USA then the EU must also fund and operate the same level of navy operations to help protect the global trade yet the EU has avoided funding anything of the sort. So the EU is risking the future of the current world order. If China is able to use force to take full control over the South China Sea then they can dominate which shipping companies, and countries have access and block goods, place barriers and set tariffs that can change world order. The USA is the only force standing in the way but if the EU is able to weaken the USA and take advantage of the USA without contributing to the effort to protect global free seas than the EU is harming the current world order.
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  644. The best way to fight climate change is with advancements in technology for example the Smart Phone has replaced the need to own a camera, recording device, pay phones, calling cards/tokens, traditional phones, scanners, physical media, disks of music, so much production has been replaced by a single less wasteful product which is the Smart phone. This is the result of innovation but to create innovation you need to have growth which gives governments and companies the resources and incentive to advance to achieve investments and research. Low growth is stagnation which means no advancements in technology and thus mankind will be more wasteful. We could have remained with power generation using coal in the UK and US, no problem, but with investment and research we moved on to oil and gas and with each increment comes a reduction in waste and green house gasses. And so without growth we cannot fight climate change. What is very very wasteful is transpiration of goods around the planet instead we should be making goods locally we our advanced economies and policies to limit green house gasses we should produce goods for our own economies instead of importing highly polluting low priced goods from Asia and this is where the odd crazy character of Trump actually has one word of reason, yes we should use tariffs to force manufacturing to be in the west for our local economies so that we can produce goods with our high standards of emissions and remove the VERY wasteful transportation of goods around the globe.
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  682. Korea's political history and recent events do have a serious tone to them but also a half hearted, not so serious tone as well. There was a few moments that were hairy when the elite Military unit tried to block access to the Korean Parliament, that was a moment of honest danger and ugly, but most of this situation is pretty light hearted. If you want to see a real stand off and a collapse of democracy you can see the moment Boris Yeltsin sent his army to to take out the Russian Duma in 1993, that was the moment that Russia lost Democracy and people blame Putin for all the wrong in Russia today but Yeltsin really did the damage in 1993 that Russia never recovered from. The Duma became a shell / puppet controlled by the President "dictator" of Russia. South Korea's moment had a second of real ugly and danger but it passed and the overall event was pretty light hearted. Very similar to the US Jan 7th events. The US event was a talking point and a few instigators full of conspiracy ideas that lead to a half hearted protest that due to very very limited police actually turned nasty for a moment, but it was never going to achieve anything as US elections are managed by each state so the USA has 50 different election systems managed locally by every state, taking over the US Capital has no relevance to the election system. The rioters could do nothing to change any outcome at all. It was meaningless moment of stupidity on all sides. The situation in Korea with elite Military unit actually taking part in the event, is much worse than the US situation which was just some instigators from the public but both are similar in a way that we all know it was light heated and a million miles/KM from a real event like the 1993 showdown over the Duma in Russia that changed the country forever.
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  866. This is not how things work . The USA is an aging country so is China. Both are and will become more advanced economies over time, the turn BACK to industry is not possible becasue you need young people, willing to work hard for very very very low pay to industrialize. The USA can't go back. China can't go back. To go back what do you need??? You need to make your people POOR, struggling to feed themselves, to the point that low paying manual work for years and years without demands for unions and protests and demand for higher pay, or the ability to stop working becasue life costs are low. The USA that is very hard, much of the USA is very cheap to live, most people working in industry in the USA like in Mississippi or Georgia, if a factory opened up with low pay of $6 an hour, no one would sign up unless they were very very desperate so you can't re-industrialize the USA unless you make an agreement with the population to delete their wealth, literally confiscate their money. And that they won't protest and riot. So #1 this is highly unlikely in a Democracy. #2 This is highly unlikely in an advanced economy as the population has gotten use to high quality of life. #3 if you do delete people's money anyway, they will cause major major problems and order will be hard to control. The USA cannot go back. China cannot go back. Russia cannot go back. The future of industry is India and Africa - after that, once they are advanced as well, then the planet will transform but we have 100 years to go so that is not our problem.
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  877. There is no wealth to tax, anyone who has money it is not in the bank account it is in the stock market, in real estate, it is all invested. The problem is that invested money is taking a risk to invest, so if you take a share of it away, the risk rises, when risk rises prices fall, so the France economy will go down to some extent if you take money out of the system as as tax. Nothing it free, you take more tax from wealthy people who invest their money, the outcome will be less money invested = stocks fall, real estate falls. Nothing is free. Another problem..... If you tax invested money, you take it out of the stock market, out of the hands of the rich, you give it to the government as tax, the Government uses that money to buy tanks that money is forever gone, it is gone. The stock market keeps that money invested in to the economy, that money could stay invested for 100 years, 200 years, forever, but if you give it to the Government and they use it to buy tanks and the tank is sitting in storage it is money that is gone forever, it is dead money. For sure you need some tanks to defend your country but just remember that the money you take out of the hands of rich people that is invested and growing money to the Government could become dead money. So be careful not to damage too much money or you damage the country. Money you take from the rich to give to the poor, welfare, can be OK but ONLY if the people you give them money to will also use it. If people use the money to buy food that is great, it is invested back in to the economy, no problem at all, but if the people you give welfare to, they put it in the bank and never use it until they die, that is dead money, very bad money. Even worse, if you give people welfare money and they move it to a different country that is a disaster that is money that ran away from France.
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  922. France and Germany have been working to try and turn the EU in to a global financial power under their control and you can see the actions of the intelligence agencies of both countries play that game which is probably why the USA was spying on them as they were probably aware something is going and the USA wanted more details they were not getting using diplomatic routes. My guess is that the EU was going to pull the clearing houses out of the UK or force the UK to use Euros and that totally failed. My personal guess is that the British Intelligence was behind the push for Brexit even though David Cameron was against it I have a feeling the vote was going to head for Brexit one way or another. At the end of the day this is very normal move for the UK as it has done so many times before, to prevent a power in Europe from becoming too powerful the UK did this with the Ottoman Empire, with the USSR (after ww2) and Russia, with France under Napoleon and Germany in 2x world wars. The UK's success depends on preventing a central power in Europe be it Russia or the EU in becoming too powerful in their backyard. The UK is not stupid and Brexit indeed re-balanced the powers in Europe. The UK gained some serious power now that they left the EU but the pangs of history are empty until you write them so how they use this power is all in their hands. The one thing is for sure, people in France and Germany are not happy they lost so much power so they will try and cause damage to the UK out of retribution. If you think western powers play nice between them that is absolutely not the case. They can be just as cruel as any advisory.
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  968. The US political landscape is ultra mixed, for example Texas is on the verge of being a purple state and is pretty even split between Democrats and Republicans. So no civil war coming out of Texas that's for sure, not happening. The major issue is that the outcome of most civil wars is a rise of a ruthless leader and system that clamps down HARD on the population like you see in Syria so instead of the outcome of civil war being your world view taking over, it usually ends up being the opposite and just a ruthless authority takes over, civil wars can end up much worse for the people then how it was before a civil war. Just keep that in mind. The best example is Russian civil war (Bolsheviks take over) , Chinese civil war (Communists take over), Syria, French Revolution, these all ended up with authoritarian dictators that lock up anyone who disagrees with authority. The French Revolution was incredibly bloody and the power that controls the country changed sides multiple times leading to mass executions not of opposition but of the general public who were anti authority, the exact people who kick started the revolution paid the most for it. The French resolution ended in total failure as the population turned against each other which is another major risk of civil war is that the population creates new factions that turn against each other leading to a bloody nasty war that goes nowhere, the French Revolution is that very risk that should keep anyone far away from such ideas.
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  997. ​ @wanderingwarrior5626  Well the USA is the most dynamic country in the world by a long shot, the fastest growing cities in the USA now in 2024 were not even a twinkle of an idea in people's minds just 20 year ago. NO country in the world is even remotely close to as wild and dynamic as the USA. it is always ever re-inventing itself, willing to break it all down and pick up the pieces, unlike most of the world where they settle in to a routine and hunker down, Japan and Germany are great examples, they were growing like the USA in the 1960s-1990s but then became stuck in the 1990s, they got comfy and said, forget the future, screw it, we like the 1990s more, so we are going to stay here, and they have. For sure people will want to get off the wild crazy ride and move somewhere sure-footed and slow, and take life easy but most Americans go head first in to a change, why would someone who has a safe path in life, who has resources just pack up and move from a very slow moving town in Ohio or Pennsylvania or from around the world and move to the hot, desert in Idaho or Colorado or Arizona or Nevada or Texas, why? Because they want change, they are thirsty for new way of life and no country has people that desire change and ever new world than the USA. Do you see millions of Australians packing up and moving to the desert? No. Do you see millions of Canadians packing up and moving to the untamed north or somewhere new? No. They get comfy and settle in. Do you see millions of Europeans move to some new cities that did not exist or were small towns in nowhere 20 years ago? No. To each their own but my family moved from Hungary to the USA at the end of the USSR and it was the best decision they made in their life.
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  1034. You can't have nuclear winter becasue Russia only has 300 ICBMs in the first place, the rest of the Russian nukes are free-fall and have to be dropped by a large bomber aircraft right on top of the target and since NATO has 3,000 modern fighter jets that is highly unlikely to be possible. Of the ICBMs an unknown number are in various stages of disrepair, the main facility to renew them in Russia had a major fire just a few years ago too. So who knows how many ICBM Russia has ready to go maybe 30? Maybe 60? could be 100? Also Russian nukes that are deployed would badly damage around 1 miles of city and another 1-3 miles in bad shape but it's not as big of an area of damage as people think and within just a few hours the area is mostly safe, no need to wait 1000 days, 2-4 hours and you are safe enough even without much protection, a mask is good to have to avoid breathing in contaminated dust. Is nuclear war the end of humanity? no not even close. The human body is amazingly able to deal with radiation, very few people died from Chernobyl around 30 something workers and only 1 person from Fukushima. Overall humans can handle a large dose of radiation and still live to a good old age. The reason the nukes in 1945 dropped on Japan had such a high death rate and damage was not the nukes themselves but that the cities in Japan were mostly built of wooden structures so the fires set by the nuke did the most damage it was all about the fires but in modern cities that is highly unlikely to be an issue. There will be fires but very limited to a few small pockets or fuel/gas facilities.
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  1162. Chamberlin saved Hitler out of fear of war and wanting to avoid it but as a result of giving in, he only delayed war and created apatite for war by Hitler. Sometimes peace requires threats and not backing down which is the American policy today on Ukraine. Russia claims that eastern Ukraine belongs to Russia due to ethnicity of people living there but that is not much different than Hitler claims for Czechoslovakia in 1938 that German nationals living there should be in Germany. Does France demand lands be handed over of parts of Belgaum that speak French and are of French Heritage? NO! France would never ever demand to take control of that land, the world is different today countries are made of many cultures and no one country can demand control of land due to the ethnicity of people living there. There are Hungarians in Ukraine, is Hungary demanding those lands be handed over? NO. Does Germany demand land with German nationals be handed back from Poland? NO! The world does not work like this in 2021 but Putin thinks it does and that is very backwards thinking. Crimea was a step back in to old world thinking and the west is holding firm against Putin and keeping him accountable for that action and never negotiate with such a person. The west standing up to Putin will prevent future war in Europe. I have no doubt if the west would sign a paper allowing Putin to take eastern Ukraine, that would lead to unstoppable apatite by the Russian army leadership for more and more war. For the safety of all of Europe and Russia as well the west must never back down to Putin.
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  1176. Well inflation is rising at a much slower pace 3.4% instead of over 9% thanks to the FED's raising of rates and supply chain recovering after COVID and people getting back in to the work force. Inflation never actually goes down unless you take away and destroy people's wealth like during the 2008 melt down as house values crashed people lost value of their homes and got scared and stopped buying stuff so prices went down, very little but they still went down 0.3% in 2008 and in the next year 2009 we were back to normal inflation so that was a pretty small change even with all the damage so if you really want prices to fall you need something way way bigger like the Great Depression when prices went down 25% but most of the American people had to suffer for it, many lost their savings as large banks collapsed and there was no safe guards so all the money they held was gone, stocks crashed hard, companies disappeared and farmers and factories had no buyers, it took 20 years to recover after the the Government spent a lot of money in WW2 and people once again had stuff to do. It is important to remember, falling inflation = fellow Americans wealth is getting crushed which is not a great thing really, and the rich only get richer by getting a rare chance to buy poorer peoples stuff for cheap. Inflation is actually scary to wealthy because their existing/old wealth value deteriorates, their old money becomes worth less then new money. If you hate the rich you want inflation, your debts to the wealthy becomes worth less as new money is inflated making it easier to pay off debts. However, the wealthy getting crushed means everyone is getting crushed so yeah there is no way to win that game.
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  1253. The world we live in is the OPPOSITE of Orwell instead of the people trusting the Government 100% we are in a situation where the people and Government are heading to trusting each other at 0% which is even MORE dangerous than what Orwell warned of. Most countries in the world are around 50% the middle mark like in Asia even China, Russia, Europe, Middle east but in America we are swinging in the wrong direction to the 0% mark which is the TOTAL opposite if what Orwell warned of. Having an all powerful Government with an obedient population is what you see in Russia on the surface but of course that is not reality and under the table most Russians hate their leadership but can do nothing about it. However the USA is the victim of both Chinese and Russian and possibly European intelligence operations to discredit our own systems of Government that has lead up to being the most successful country so a prime target for all world powers and with the help of vast wealth in Russia and China directed to intelligence operations they have managed to spread conspiracies, fake anti US Government news and information no matter who is in power and get Americans angary at their own leadership and system of power, and yet in a real totalitarian country like China and Russia people are happy? Yup, Americans have been exposed to a serious campaign of manipulation by foreign powers to bring the faith between Americans, the systems of Government and elected officials to as close to 0% as possible. What Orwell wanted of..... We have the total opposite situation.
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  1273.  @M4G4M4N  #1 don't forget that the USA was in Vietnam for 20 years and lost 60,000 men while China invaded Vietnam just after the USA left and lost 30,000 men in just 2 weeks of combat! That is right, not 2 years, 2 weeks! Talk about a loss ratio for the Chinese army, this was the last time the Chinese army fought a war until today, it really impacted the Chinese army morale losing so many men in such a short time, that they never went to war again, at least not until today. #2. Afghanistan was won and turned in to a hunt after Al Qaeda and it was necessary after Al Qaeda attacked the USA on 9/11, Spain and the UK were also attacked, Osama was captured and his organization was destroyed. The USA mostly left Afghanistan by public demand after Osama Bin Laden was captured and only left contractors and a advisors. The USA had no real force in Afghanistan when Taliban took over and the American public did not permit any help for the Afghanistan Army so they were all on their own. The Afghan army had a chance but they failed so that is the end of the story. It was all on them, instead they stole from each other and ran away. The USA did what it could. At the end of the day, you can't save someone that is just going to turn around and run, the USA had no issues going all in for South Korea and they are a very successful country today, the USA had no issues re-building much of eastern Europe, Philippines, Singapore, Iraq, and so many other countries and they all succeeded because they had the will to do so, Afghanistan clearly did not have the will to change.
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  1364. ​ @rich7447  Most Chinese people live in very high density due to the mentality of communal living, sharing home for generations in rural villages, to living in giant shared apartment buildings today. Also Chinese do not tend to move around the country very often most find a city and settle down for most of their lives. The American mentality is totally different, Americans area always rushing after the next best thing most Americans are not tied down by location and can move very fast, from the original settlement of the USA and the move west and south to the many many gold rushes all over the country, and later rush for industry and high income but most rushes come to an end and population leaves to another location so if you build industry in the USA today the people might not be there tomorrow. Detroit, Baltimore, Philadelphia, and so many other cities become victims to this change as people move in for a new industry and once the industry stabilizes to a standard the population moves on to the next big thing and so infrastructure is a big problem if people are always on the move. The USA is also like no other country as people live in every corner leading to low density much lower than China and Europe which makes it hard to finance and justify massive spending on services that few can even use and the population will always move around leaving your large investments to waste. American rush to California for Tech industry and for the last few years have started to leave and this will only continue to increase over the next many decades as Americans move tot he next big thing to new industry in Arizona and Texas the next Gold Rush. Americans are always moving and transpiration needs today maybe totally different in just 20 years.
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  1444. Wait a minute, did you just say the words "Late STAGE Capitalism"? Why? Sure, we have the theory of the Business cycle where you have the cyclical nature of the collective mentality and financial capacity and the USA, Europe, India, Korea, Japan, most of the world right now is in the late expansion stage. this eventually will get weaker and head for a R Word once the population becomes exhausted which could be days from now or many years away, who knows? But then early expansion stage will kick in and on with a new cycle no? But the "Late stage Capitalism" theory is that it's not cyclical but TERMINAL decline from which there is no recovery. I don't see why the USA or Europe or Korea would not recover and start a new business cycle??? Why would after 300 years the USA become terminal? If the population keeps growing right? If there is a shortage of housing, you have a source for expansion right there no? The currancy would fall as rates are cut and increase exports per usual no? Not to mention the USA and UK like so many other countries have massive consumption base without a balanced local manufacturing base = opportunity for a major re-bound in industry/manufacturing if desired. Maybe Korea has some worry in term of population decline so it's time for immigration to really be ramped up? The one country where I think there could be trouble brewing is Germany, which avoided the 1970s-80s industrial decline in the west and so might be living on borrowed time but who knows? Germany is very creative and intellegent so maybe they find a path out but I don't know. We could also see a major AI Manufacturing boom in the advanced economies, which could spell trouble for Africa/India which are next in line after China. I would hate to see them get their time to shine robbed by AI but the USA does have the Mississippi river delta that is just begging to industrialize, but who knows if that will play out or not.
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  1466. It is important to realize that in 1970s and 1980s something happened, Americans gave up on working for industry. The Baby Boomers were told by their Parents, YOU WILL HAVE A BETTER LIFE THAN I DID and that meant no more work in industry. The Unions and their power in mass protests and strikes in the 1970s-80s came becasue young Americans stopped showing up to work and with less people, the demand for labor exploded with the rise of the Baby Boomers to consumption age in their 20s-30s and so unions had the power to break American companies apart in to dust. Don't get me wrong, unions do A LOT of good but when young Americans, cheap workers disappear and factories run dry of labor, the Unions become over powerful and demand as much as they can. Together with inflation and shortage of oil, it was the perfect storm, America broke down and had to give up on industry and start massive imports of goods instead. China took over from Japan in 1990s and that is where we are today. The American industrial heartland ran out of people in 1970s. Inflation went up, Americans looked for higher income and flocked by the millions to NYC, Chicago, and mostly to California for white collar jobs. Ronald Regan was faced with crazy inflation, industry lacking cheap young work force and so he made the call, it's over, we are importing everything now. The thing is, this is unstoppable, once a population become white collar there is no going back. The days of US Industry are over, its history now. Maybe some day with AI and robots doing the hard work we can bring industry back to the USA but that is 20 + years from now. And the scary part, what happened to the USA in the 1970s is just starting to happen in China now in 2024. China ran out of cheap labor, they are just getting started on the disaster that we saw 50 years ago. The scary part is, after China who is going to make you stuff for cheap? Africa? India? Not happening. So we in the USA better be ready for long term inflation with prices that keep rising and rising and rising long term. Maybe by sheer luck, AI and robot manufacturing will save the day just in time but let's see. I am hopeful that will happen and it might very well.
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  1555. A large percentage of the stats are due to immigration to the USA, however there is a legitimate class of Americans left behind by de-industrialization, mostly old generations of urban core white/black Americans, leading to a heritage of reduction of quality of life, becoming used to not working for a living, welfare or temporary work, and many fall in to the world of drug usage, and mental damage from that. Trump could actually correct some of that by re-balancing the US economy moderately back to industry. Keep in mind in the USA manufacturing is only some 9% of GDP which is the lowest in the developed world so there is legitimate reason to re-balance that. The USA is the world's leader in consumption as most Americans live in private homes that forces consumption, so the USA has plenty of paths to re-balance. Of course that will lead to inflation . Keep in mind that Human mentality is very stupid across the globe, people in Russia are scared of the past and that leads them to embrace bad leadership, and mankind is scared of inflation due to the past but that does not mean it is a bad thing. People are scared of 2008 in the West, leading to housing shortages and mentality of some people that a housing crash is imminent, this is out of fear of past which is a very powerful mental issue globally. In China people fear being poor leading to high alter of money and wealth, accumulating more wealth then needed and leading to very high savings rates slowing down China's transition to a consumer lead economy. These are all multi generational national psychosis - you can see these around the globe.
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  1631. This entire video has a MAJOR error from the start to the end. What is this error? The USA is not an empire. After WW2 the USA could have maintained control over Japan, Germany, Europe, Philippines, and even go as far as taking over the British Empire holdings in Africa and even Canada and Australia/NZ but the USA did none of it. Instead the USA itself de-colonized it's one asset which was the Philippines and let go and Japan and Germany fully self governed. As such the USA never became an Empire and so there has been no replacement for the British Empire. The rise of the US Dollar in global economics was due to the large economic power of the USA as a large country that was more advanced then other larger countries like China and India. In to the future India and China will over take the USA but only on a national level and so the trust in the USA on a global level should continue to remain #1 in terms of trust for 100-200 years. However, both the USA and China are under a debt load, in fact in many aspects China has a much higher debt load, but unlike the USA can easily attract massive immigration China cannot and so is facing long term population decline that is just not a problem in the USA. So on global level the USA has no real threats in fact if there is a threat to the USA it is not China but actually the EU. The EU as a collective of many countries does produce a surprising risk to the USA. EU has a stronger currancy, has a trusted political system but does have much higher risk of internal instability like you see with Hungary today or UK Brexit in the past. But overall for any global power to really replace the USA it must have as much integrity as the USA has which is for sure not China that has major issues, both in a dictatorship running the country, and many global disputes, The EU is of much higher chance of displacing the USA than China. But in reality neither will. The other player is India but as always it is a very inward focused country that does not have, YET, global aspirations but check back in 100-200 years and that could change. So for the next 100 -200 years the USA is most likely safe at the top but it's real risk comes from the EU in the short term and India in the long term. If China has a revolution and becomes Democratic, then the USA will be under a new level of risk from China as well, but that is a real hard question if China will have a democratic revolution.
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  1751. If you use Socialism in its real welfare sense it is a fine platform but if you use it as a way to divide and conquer, as a way to split society in to factions and create enemies then you are using it wrong. Karl Marx, Stalin, Lenin, Hitler, Mussolini all ABSUED Socialism as a tool to divide-and-conquer to grab personal power for a faction they lead. This is a betrayal of Socialism. In the USA today there are 2 Socialisms on the right, the people who are low skilled workers left behind by outsourcing to China AND the city-dwellers the old old fashioned Class-Socialism who feel betrayed by the "fake" 1%. Both are Socialists. Trump AND Biden both printed TRILLIONS of future debt and taxes to re-distribute welfare checks to the population. Both are Socialists YES YES YES Trump is a Socialist too of course. Just don't use Socialism as a means to an end, as a way for unqualified people to grab power that is how you end up with Hitler or Stalin or Mussolini We DO NO need that BS in America.. Also Fascism-Nationalism are Socialists as well they are Patriot-Socialisms, Hitler was a Race-Socialist today we that return with Gender-Socialists which is dangerous. We don't need this nonsense divide-and-conquer here in the US of A. We are 1 nation of people that need to work together for the betterment of all of society with the use of Welfare, re-distrubution in a fair way, fair taxes and using Tariffs to return some industry for low skill workers back to the USA. The answer is MODERATION, a bit of everything for all walks of life. I call it Fair-Socialism, the amicable sharing of all resources in an middle of the road, approach. Taxing the rich 90% is wrong and will harm the economy, outsourcing jobs to China for lower priced goods as Globalist view is wrong as well, we need moderation of all aspects.
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  1794.  @antonyjh1234  What are you talking about? it has nothing to do with everyone needing to own a camera but that so many previously separate derives have been rolled up in to a single device removing huge quantity of waste. Growth = investment = progress = LESS WASTE. Technology advances with growth = money to invest = new technology = less waste. No one is saying that we need to cut emissions in half in five years, that is impossible and no country says that. Even if ALL NEW cars become EVs in 5 years, the existing stock of cars on the road will take 30 years to become EV. Each year only around 5% of cars are added to the stock of existing cars. Right now in 2024 3.75% of all cars in the UK are EV, it will easily take 20 years just to get to 50% maybe 60%, it is a very slow process. Regardless the UK is UNDER 1% of global pollution so even if every person living in the UK disappeared the impact to global climate change is hardly noticed, you have over a billion people in China driving cars, working in factories, buying, eating, living, massive pollution and soon India will be just as polluting as China over the next 20-40 years, any reduction to pollution in the UK is totally overwhelmed by growing in India alone, let alone all of Africa, South America. This is why smart phone has more impact than anything done in the UK as an individual nation, as the impact is global of using a smart phone with billions of people buying fewer cameras, radios, media, around the globe, is incredibly reduction in pollution.
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  1800. There is a wave of extremism in Europe, Brazil, India, Russia as well - Italy, Germany, France, Hungary are moving in that direction too. Soon Canada might do the same. Why? The right was culturally suppressed after WW2 and has always had to keep checks and balances after what happened in Germany and Japan with the right wing going absolutely crazy in wanting world domination and had a global effort to stop it. That calm on the right for 80 years is now wearing thin and so we as normal people need to once more put hard work to maintain power away from extremists. While I think Trump is a bad man I do not think he is as extreme as he makes himself out - but he is creating the next generation of real dangerous people who now have a hero and aspirations for power. You can see that play out by Musk. Right wing extremists in the USA were always around but they were ostracized from society after the 1960s when the anti-war movement took center stage in American culture and ideas and became the mainstream, that put an end to extreme right from 1960s to 2020s. Amazing amazing thing. Now however, that is over and so we have to do it all over again. American will get involved in global affairs - the American people will go out and protest against and set American back on it's path. One major twist in the story is that Trump himself is a product of the 1960s and he has a hate for war - in his last 4 years and after under Biden - the Trump anti war mentality is at play and influenced Biden's administration, avoiding conflict except for helping Ukraine indirectly. And only going after the Houthi after they attacked our allies - but not doing so while they were going after shipping. So Biden was stuck on Trump's anti-war ideology. The conflict inside Trump's mind about being an anti-war 1960s child to his modern day extreme right ideas are a very strange clash. But the real problem will be who runs for office after Trump's term and that could be someone much younger who is not bound by the 1960s anti-war movement and that is where danger really gets going.
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  1807.  @anime0965  That is total nonsense, every country has to sustain their own economy and population locally and not depend on trade with 1 single country as primary source of income that is not sustainable model. Even the middle east oil countries do not depend on 1 country but on purpose limit how much oil they sell to each country to have diversification. China also has diversification for example China does not buy oil/gas from 1 country more than others by much and has spread that buying to many countries pretty equally for diversification. So it makes sense for the USA and China to not depend on each other for a majority of trade that is not healthy for either side. Diversification is very important in all aspects on economics. If China or the USA have economic decline the other should not be impacted as well in a Domino Effect. Even the USA and Canada has Tariffs against each other to balance out such risks. This does not make countries in to opponents, in fact Tariffs are used between close friend all though history, The USA has very large tariffs on Japan and EU and Canada, it is just normal tool for balance of trade. Pakistan has tariffs on China even though both are close friends. This is very normal. China limits how much oil they buy from Russia do not become dependent on 1 supplier more than others. Very normal. The USA is not in decline as a country, there is no evidence of that, the USA will need to adjust as it's Baby Boomer population segment become elderly but after some time that will end. China also has a similar situation with Baby Boom that is getting old and population decline, but most importantly China will need to become an Advanced Economy so the income level of Chinese people will have to rise dramatically to the same level as the USA/Europe and so the cheap manufacturing will have to move to another country with low income levels. Very normal process, The USA did this in 1980s-1990s, Japan in 1990s-2000s, Germany and China together in the next 30 years, Very normal.
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  1884. A lot of talk little action. The USA is not 1 economy but instead it is multiple different economies. The USA is ULTRA diverse the most diverse of any economies on this planet so we had a recession in Manufacturing for the last 2-3 years just like how China and Germany that are export lead manufacturing economies have been hurting so has the US manufacturing sector but the USA unlike China and Germany is super diverse so it was nothing but air under the wing of an airplane, hardly noticed. The USA saw record expansion of oil/gas, Military, Government, construction, Finance, Tourism, Health, and on and on, so one sector or even 2 or 3 of the US economy being weak is not enough to upset the entire economy in to recession. And amazingly just as Services is now weakening and maybe also Government at least on the Federal level begin to weaken, Manufacturing bounces back and it has begun to do so. And so one sector goes down and another bounces back up. The USA is ULTRA diverse - you need to look at each sector on it's own and put together the puzzle to see the full picture. Of course it might only take a black sawn event and everything goes off the rails, Trump massive tariff war with the world is a pretty big alarm and that is not good for the entire ship anyway you look at it. So everything is on Trump's plate which he is probably using in order for him and his buddies to game the markets - yeah they are probably aware in advance of moves Trump will make to play the stock market, so yeah, that might be more bark than bite but we shall see.
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  1905. Why are you taking personally events that happened 75 years ago? Why you do you feel like you need to make excuses and lies and distort reality to remove blame from Germany? History is done, it's over, there is nothing left to be said but to move on in to the future. What happened 75 years ago does not have ANY impact on Germany today or in the future so relax, history is not personal it is not an attack on you or Germany of today and yet nothing you say can remove the blame from Germany of WW2 era so you are wasting your time. Germany lead to deaths of tens of millions of people in WW2 so stop trying to remove blame it is pointless but it does not matter as Germany in 2024 has no relations to the Germany of WW2. Most of your text wall is incorrect but one clear error is that Germany never had a war economy but this is totally wrong, Germany was already in a war economy long before WW2. Germany began to change its economy in 1931 even before Nazis rose to power, once the Nazis rose to power they began to take over all companies in Germany by placing Nazi party members either in charge or in full supervision. The German economy was effectively fully nationalized by the Nazi party for the war effort before the war began. By the time 1938 and the start of the war, German economy was fully a war time economy and nationalized by the Nazi party. Even German company owners that were long term allies of the Nazis were taken over like Thyssen crop, the owner was forced to stand down and be replaced by a Nazi party assigned new owner to take full control. In terms of the act of total war or strategic bombing of civilians, Germany had already done so before the allies with the Luftwaffe attacks on Warsaw, Rotterdam, Belgrade. However there is a lot to be said about such acts however you can see today in 2024 how Russia send missiles against Ukrainian civilians, attacking apartment buildings, schools, shopping malls, electricity grid, hospitals knowingly attacking civilians. This is now a normal part of warfare which is very disturbing but I don't see that changing so we have to accept that warfare since WW2 and in to the future will always hit civilians as a major target. A sad reality of modern war.
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  1911. The USA is the world's customer, they are the buyer, they have the consumption power, and they will choose who wins and who loses in this world. China has forgotten the customer is always right and will suffer on historic levels becasue it forgot this. The only reason the USA has not punished China until today is because the USA had hope for a peaceful and even Democratic China, and the USA wants to keep world peace and order, but if China pushes too hard, the gloves will come off, the mask will come down and the USA will expose the reality of the world order and that is the customer is ALWASY right and the world's customer is the USA. The world will bend, fold, the USA will crown the next manufacturing power probably India. Which will be a major problem for the world going forward. India will NOT be a good force on the world stage as a incredibly aggresive and nationalistic power much more than China ever could. China and the USA are very similar they are internally focused and so their imperial ambitions that were short lived, for China that was Korea and for the USA it was Cuba, Libera and Philippines but both gave up the ambitions as they morally and socially could never become empires. However INDIA will be very very different and will create a network of trade that will probably lead to war and conquest with a population more than willing to die to build an Empire with their country name stamped on it. Not so in USA or China. The USA will have no problem with this as will continue to be India's customer and will probably get along while india builds an empire. Will the USA be able to one day, resist India and crown another power King, probably from Africa? Who knows, maybe or maybe not. By that point India might be beyond the USA's ability to limit but that is a long way down the road from now.
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  1912. Yes US stocks weakened as money moved in to Treasuries and the Dollar strengthened. Not a big surprise. The US auto loan issues where prices were inflated is less of an issue as the interest rates at that time were at HISTORICAL low so it made up for the higher prices. Sure some owners are under water on their cars but they also used the cars to make money as incomes inflated and in the USA you depend on the car for every day life so it is "digested" as I call it, pay to play if you will. Surprisingly it had no impacted car sales other than shift numbers between manufacturers, the US car ales going 1 year back from October 24th is at 16.43 million a pretty healthy number for such high interest rates. If you asked me 1 years ago, would car sales 1 year in the future be above 16 million? I would have said no Fing way, and here we are, pretty wild. I would have bet 14.5 million so I was way off in my view of the US economy and I think most have done that mistake form the biggest banks and investors to average joe - the US economy has totally outperformed on every measure. Q4 2024 and the sky has not only stayed in place but it is one of the best years on record for the SPY. AMAZING man, totally amazing. The funny thing is that the politically active people on the left had confidence under Biden to spend, student debt was delayed and some forgiveness = more spending while the Right was in a panic. Now, just as the Left might be running out of cash to spend, it is the right that now has confidence to spend money and invest. Hilarious!!!! The timing is out of the world.
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  2063. ​ @Shadow_Banned_Conservative  You don't have to worry about Governments going broke becasue they can't, it's all a balance of inflation which in the USA is a no brainer. Every single time someone in the USA buys a product made in a foreign country, part of the payment actually leaves the USA, it goes to the company that made that product, and so the USA is 24/7 just bleeding out inflation to the world. The Trade Deficit, the amount we import more than we export is HUGE more than any other country by a long shot, and so we in the USA are always losing inflation and money supply as it goes to Asia and Europe, all over the world. And so we need to create new money, more debt to replace the money/inflation that we send out of the country. So we could possibly get to 500% Debt to GDP and still be doing just fine, that's why debt does not mean what most think it means, becasue we are always sending it out to the world. The thing is the world wants to export goods, Chinese people don't consume much, they live in small apartments in cities, and so they make more stuff then they could ever buy locally so they need US to buy their stuff. IF the day comes that China says OK we are done exporting stuff, well they would have massive manufacturing collapse so not very likely to happen but if it did, so what? We in the USA have the consumer and that would simply lead to re-shoring industry on a scale the world has never seen before. So either way we win. We should just sit back and enjoy the cheap goods sent to the USA from all over the globe, we get better quality of life, we can all buy more stuff with our money and do not use up our local natural resources to do so. Let China dig up their limited resources and make us stuff.
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  2064. This war would destroy the Russian economy - this is why Vladimir is usually very joking or totally dismissive when he talks about Taiwan war possibility. There is no country on this planet that is trying more to prevent this than Russia. The west will be able to create a new order that does not include China and the risk for Russia is a dramatic rise in cost of goods around the globe PERMINNAETLY. The world will never see prices of goods as low as they are today. The outcome of this is large collapse of demand for goods as prices rise, and Russia that is an exporter of resources will see a large decline in demand of resources. The world today is buying every day 80% of goods are leisure, they are nice to have but not a requirement. This aspect of goods in globalized world will end as price and supply of goods is reduced dramatically by Policy. Becasue the demand and supply of goods will be reduced, the options of where to move money will fall = inflation. More money, less goods. Russia has lost 90% of 1980s production for civilian use. This is more loss than any other country. So Russia will have the largest shortage of goods in the world while needing to continue to pay money for Oil and Gas industry = hyperinflation. There will be no country on this planet with a larger shortage of goods and flood of liquidity than Russia. Yes, Russian authority can try and close access to banks, investments, and lock away money but then there will be nothing to offer gas and oil industry workers. So what Will Russia do? They will freeze all Russian's access to money except for a class of people, Oil and Gas workers, solders, Government workers, people that work in military industry. But everyone else will suffer. This will open the door to civil unrest in Russia and where that goes I do not know. If I was in Russia , and if I would think a Taiwan war is possible or a fact going to happen, I would be a prepper on steroids. The situation in Russia could be come very bad, shortage of goods, locking up of your access to money, limiting access to buy goods. Splitting Russian population access depending on if they serve the economy and country depending on their work field.
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  2191.  @jorgemiguel2641  This is absolutely not true. I have natural gas heating my house for very little money like $50 a month for power and gas in summer and around $80 in winter and winters here ware very long. I also have 1GB internet connection with fiber and have 5G great reception everywhere I go I would call that 5 star infrastructure if you ask me. I live cheap, my house is always nice and comfortable 365 a year thanks to central forced air AC and gas heat and lots of insulation with wood frame house. It is really just fine. I would love to know where the idea of bad infrastructure comes from? My city of Seattle is building brand new light rail network every day new stations. Maybe the North-East of the USA is the older area of the country and so some infrastructure is older but most of the country is great, I have family in Irvine California the entire city is new. Also Friends in Salt Lake city again everything is brand new there and Las Vegas which for sure is all brand new infrastructure as well. Also I have personally never seen crime and I travel all over the USA, I stay in small towns, big cities and really never seen anything. Sure, there are some areas with gangs but it is not a place you will end up in and is tiny tiny minority of places in such a big country! All I see are nice happy people all over the country. I got stuck in my car many times and always nice people, one guy even got us lunch when we were waiting for a tow truck. People with a heart of gold everywhere. I would love to know what makes you say bad things about the USA? I don't say bad things about your country right?
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  2363.  @charlesbrightman4237  a. Money has to keep moving or else the economy will crash!!!! This is not an opinion this is a FACT. My company buys goods and we store them some 8 months in advance if the customer does not buy because your economy has 0% movement the walls fall down, it is as simple as that. Merchandise is not sold, workers are fired, then customers will reduce spending as they lose jobs, home prices crash... So you started with wanting 0% you end up -20% you have no clue how an economy works. 0% today is a crash tomorrow, things have to keep moving unless you have a Soviet system run by the government and since people don't want that shit it means civil war. Simple. b You suddenly talk about a fair wage? What the hell man? You talk about a 0% growth and then fair wage? You can't pay a fair wage unless the economy is growing, fucking oxymoron.... you know nothing about economics at all!! If I pay my workers a good salary it is when we are making record sales and economy is up way up, if sales fall, people and salaries go down so 0% means no fair income. The economy is like waves in the ocean, up and down, more and less, it is never standing still which is why 0% movement = DEAD economy, everyone loses their jobs and businesses close up, simple is it not?? c. black market? used items? What the fuck man, do you realize those don't just happen those are the past items of what was produced. If you have no production then you won't have past used items to exist in the first place. You make no sense at all. If you stop production, you can't just start it up again some day in the future, a factory that stops is a factory that will never work again, machines fall apart and decay, and if you have no production for new goods you wont have any past goods to sell used..... d. The Government can't create money the central bank can but they are not the government it is private entity. You know Public vs Private? Public = government, Private = you and me. e. you just go in to some crazy ass rant about stuff you don't know anything at all about. Just because you think something works the way you think it does yet it does not... is just you lying to yourself... this is not the real world so you are coming up with ideas that are not possible or plain wrong, simple as that.
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  2476. In the USA there tends to be a rebound as rates are cut. The rate cut is half immediate impact if not even front-loaded so actions already take place BEFORE the cut, but the rest of the impact can take months or years as people need to go out and refinance loans or get NEW loans which is a slow process. BUT you have can look at New Housing Starts on FRED data ( start of new construction) from 2017-2019 when Powell hiked rates to 2.5% and then (after Trump yelled at him) back down. Housing starts dipped and then rebounded fully in that 2-3 year cycle However there is always the risk that as rates START to come down people WAIT for cheaper prices = build up of inventory = prices fall . That can play out but it's really hard to know as this is human psychology at play. A lot of things in economics is human psychology like the Business cycle is partly real mathematics of economics of the Business cycle, but there is also a major psychological element too. You can look up the Fidelity Business cycle tracker to see what they THINK is our current position in the cycle. The last time we in the USA had a bottom of the cycle was in 2007-2008 of course, people were under pressure from high rates of the 1990s-2000s and people saw rates by the FED cut to almost 0 and people saw they had huge debts on their homes/cars and they had old high rates so they just gave up, homes for sale flooded the market in 2007-2008 like 4 million home for sale, today we are at like 1.4 million and normal should be like 2 million so even if we see housing inventory rise to 2 million that is just back to normal. I need to see 3 millon which is 2x the housing inventory today to start to worry but the USA population has gone up like 33 million people since 2008 so maybe we really would need to see 5 million homes to repeat 2008 so we need to see bigger numbers. Anyway, that's just my personal view.
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  2493. The problem with Socialism more than any of it's endless list of flaws is that simply it cannot adapt to the cyclical nature of humanity. There are always cycles to society, world economy and order and Socialism is simply unable to adapt to these changes, Governments can NEVER reduce their size only grow larger and larger, by it's most fundamental form, Socialism is unable to shrink. Capitalism, companies, private pocket books can all shirk during hard times and reduce expense, to pay off debts to leverage against increase risks in the environment but Socialism can do NONE of this. This is why the Soviet Union collapsed it could not shrink during a global recession that occurred in 1990 and lost control and collapsed. Recessions occur to Communist nations, Socialist nations it is a human nature and unless the system of state can adjust then it will fail too. Capitalism will force bad preforming companies, stores and individuals to fail and make way for new development or people with opportunities to expand in their place, Socialism offers none of this, it is inflexible dead end and will eventually fail. Every country that boasts about Socialist programs is funding them using Capitalist systems or else it would end up like Venezuela and that could still happen in the future. Unfunded Social programs are stifling western economies and could in the future risk global stability and economies once again due to the failures of Social programs inability to shrink their sizes to account for a changing human environment.
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  2602. In a strange way it is actually China and Russia that turned to Fascism first. Putin rose to power in 1999 and Xi Jinping in 2012 both long before the West began it's turn as well. This is clearly a global phenomenon. Maybe you can say that Netanyahu was first in 1996 after the murder of the previous leader of Israel in 1995. But we can really go back in time to someone like Charles De Gaulle who removed France from NATO in 1966 at the height of the cold war and turned against the US in the context of the previous world order during the Cold War. We will see how this all plays out in our current world order. In world history it is times when national ideology turns extreme like nationalism when danger of conflict rises, even if opposing countries share the same ideology it actually leads to even fiercer global competition and risk of conflict as the competition become fiercer. It takes very special leaders to pull back, let go, and bring the globalized economy to the front at a sacrifice of growth for peace but the USA has been playing that game for 70 years while Russia and China have left that order 15 years ago and only using the globalized system to their own benefit without giving up growth for the world's betterment. The Firewall of China, the ban on US Tech companies is 15 years old now, Goog le was banned in 2010 so 15 years ago, this is really the time when China began to abuse Globalization and only use it to manipulate world in their favor. This forces the USA to turn right, to fascism, nationalism, to find a leader like Trump that will oppose China's actions since 2010. It's a very slipper slope
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  2639. Education is mostly managed on a state level not the Federal level so the impact is minimal. You might see Federal/national taxes fall while state taxes rise to make up the difference. More like an accounting game than any real change, however the quality may degrade in poorer states like free lunch programs might not be possible in lower income areas so regional differences may increase to some level. Returning some power back to the states from the Federal level is not a big deal as the power has shifted back and forth over the years, it has shifted to the Federal level during WW2 and again during the Cold War and as the USA came of age in the 1990s. However there is support from both the left and right to return some of the responsibility to the states that shifted away. This is an internal US matter and can be misunderstood or read incorrectly from outside the USA but the regional difference are an important part of American culture and economy. A state like Alabama can offer lower minimum wage and no or low tax areas for manufacturing similar to what you might see in China, to benefit the local population, while a state like Washington with large highly educated and tech population can set much higher minimum wage to spread the high income levels from Technology industry to more of it's local population to increase income equality in a higher cost region of the USA. This works very well in the USA and a person that wants to change living condition or work path can simply move from one state to another very easily and integrate in to a different economy. Few other countries are like this except the EU or some regional differences in China.
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  2647. Your video is SPOT ON. We in the west wanted a peaceful globalized world so we opened the doors to the world and countries like China jumped on the opportunity giving their low skilled, rural manpower a way to make a living by industrializing the country and exporting to the world. We in the west as a result had an amazing run of cheap goods allowing our people to live better lives, owning more items, and making life better and advancing the quality of services but at the cost of lower and lower income equality or no work for low skilled people, and a rise in demand for welfare system, this has created the 2 tier economy we now have in the west. The problem is that fixing this issue by using Tariffs to re-industrialize is not going to work #1 you now have to make important world players you enemy by putting up a wall with them, and with China this is very dangerous game. It was one thing to do this with Japan or the USSR but China is a totally different animal with a billion people and much anger with the world = recipe for disaster and major wars. And #2 you risk the quality of life degrading in the west as people will buy fewer items as price rises by western workers making more goods, the impact on the economy will be a resemblance of things we have seen in Cuba, North Korea and the USSR. That is not a path to victory!!! How do we solve the low skill problem? There is no solution. More welfare is possible but debt will rise or taxes will. It is a trap we in the west are in. The USA is trying the more dangerous game with risk of war becasue they can afford to and may benefit from it but if Americas allies turn their backs the USA will not be able to go in that path alone. So the keys are in 10 downing street just as much as in the white house.
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  2665. This video has a ton of issues: #1 many countries have MUCH higher Government spending as percent of GDP compared to the USA such as France at 60% and Germany at 55% we are around 40% about the same level as China which is fine as long as it stays steady. #2 The Government is well positioned for bond sell offs with their Bond Buyback program. However, let's keep in mind that most outstanding US bonds are owned by financial institutions such as Banks and large funds as well as foreign governments that the USA is on good terms with such as Japan and the UK so a major sell of in US Bonds is incredibly limited, sure it can move the market for a few weeks or months but US debt is very well spread out to limit any single weak point. #3 The USA total debt load at 37 trillion sounds like allot but it is small compared to the total value of US assets in the country at over 500 Trillion - so while we do have a lot of debt our financial net value of the USA is far far greater that if you would leverage it would make the debt look like Child's play. The USA could easily force some of its assets to pay off the debt such as with new taxes but the USA seems to be allergic to the idea of raising taxes for some reason. #4 The total percent of US Debt held by a country like China is very small around 600 billion in the grand scheme of things it is chump change. #5 The ULTIMATE and final force that runs the game is inflation - so any thing such as debt is only sitting with everyone else on the bus that is controlled not by debt but by Inflation. The USA if inflation is low, can do anything it desires, print money, buy its own bonds, whatever, but as long as inflation is low the tools are all available - the problem is periods of high inflation which we need to prevent.
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  2667. France and Germany have been working to try and turn the EU in to a global financial power under their control and you can see the actions of the intelligence agencies of both countries play that game which is probably why the USA was spying on them as they were probably aware something is going and the USA wanted more details they were not getting using diplomatic routes. My guess is that the EU was going to pull the clearing houses out of the UK or force the UK to use Euros and that totally failed. My personal guess is that the British Intelligence was behind the push for Brexit even though David Cameron was against it I have a feeling the vote was going to head for Brexit one way or another. At the end of the day this is very normal move for the UK as it has done so many times before, to prevent a power in Europe from becoming too powerful the UK did this with the Ottoman Empire, with the USSR (after ww2) and Russia, with France under Napoleon and Germany in 2x world wars. The UK's success depends on preventing a central power in Europe be it Russia or the EU in becoming too powerful in their backyard. The UK is not stupid and Brexit indeed re-balanced the powers in Europe. The UK gained some serious power now that they left the EU but the pangs of history are empty until you write them so how they use this power is all in their hands. The one thing is for sure, people in France and Germany are not happy they lost so much power so they will try and cause damage to the UK out of retribution. If you think western powers play nice between them that is absolutely not the case. They can be just as cruel as any advisory.
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  2729. The problem for China is that the population on Taiwan will become fanatical, I have to stress this, they will fight ruthless even more so than Ukraine. Ukraine has only been split from Russia for 30 years, China has been split from Taiwan for 70 years. China was in full Wolf Warrior madness until the Ukraine war then took a seat back down and figured out that was not smart move and put an end to Wolf Warrior games, that is gone now. China will probably fail to conquer Taiwan leading to a long term military standoff, China would lose all trade with the West and much of the world that will support Taiwan like other nations in SE Asia. Russia as a result, will lose most exports to China because the resources Russia exports to China end up going in to products made for the WEST funny ha? Russia probably does not want a China-Taiwan war even more than the west. Think about it. Russia has a lot to lose from such a war. The west will re-industrialize as it's population have desired for decades which will boost their GDP to counter inflation and shortages. The west lifted HUNDREDS of millions of Chinese out of poverty and such a war will send them back in to Poverty which will not make those people very happy, it would take China more than propaganda to subdue hundreds of millions of Chinese people so China will be facing an internal revolt. No doubt about that. Except Hong Kong to have a rebellion, perhaps even Sichuan will revolt. Yeah I think a China-Taiwan war will go very very poorly for China and the west will re-gain its lost industry. It's almost so positive for the west that I can imaging some people in the west actually wanting this war to happen, split with China which is a rising advance economy, send it back down to the toilet, re-industrialize the west, Russia will be in total chaos from collapse of all exports, the west comes out of this like Kings.
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  2798. Russia is a sad old broken country. Russia has no religion and I think that is part of the issue they are on search for an identity that does not exist, when you hear Eastern Orthodox Church think of one word, SUPERSTISTION, Russian people who claim they are Christians go about life in their cars and homes with little trinkets of various Russian Saints but that is out of superstition alone (Russians do not even know the history of these Saints they carry around) and Russian Churches never see the Public except if a loved one is lost they go for a pat on the back. Christianity in Russia is totally 100% fake. They cannot even legally have a sermon, well the public never goes, Church attendance is like 1% and a Sermon is not allowed to talk about current affairs or news or opinion. It's all BS. And the same goes for this guy Solovyov, he is fake, he is just a strange deceptive idea like some Alex Jones guy but Alex is a run of the mill Libertarian who does not like authority or being told what to do and is willing to create a world around him to make his views a reality. Solovyov is totally the opposite he tows the party line, he uses conspiracy as a tool to justify Putin's existence and play in to the Russian Nationalist Imperialist Thrust for some meaning on the world stage for a country stuck in the 1800s. Like it is missing some empire they will never be. The uneducated low IQ average Russian who makes less money per month than some 3rd world countries fills in their void in life. Putin has on purpose denied Russia the future it could have had being part of the West, taking in western technology companies, Microsoft had offices in Russia, many western tech companies saw a future in Russia but after 2014 that story was over. Putin has denied Russia a good future similar to other Eastern European countries but you can compare Poland to Russia and that tells the story.
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  2890.  @tomzeitler5648  That's becasue people demand higher wages, since the baby boomers and their parents promised a better life after WW2 so sent their kids to university, and this lead to a lack of Blue collar workers and so factory workers seeing huge BOOM in demand for goods with the rising baby boomer population demanded higher pay = MASSIVE protests, union strikes in 1970s and 1980s leading to outsourcing to Asia. Well first it was Italy and Japan and now China and in the future India and Africa, the thing is Americans always want better, more, less work, more money. It is not that the Dollar is falling, against other currencies it is pretty strong right now, decades high against the YEN and Euro. So what is going on? It is wages. Why is it so expensive for you to fix your car? Its not the parts made in China its the labor, the manhours are a fooookin fortune. How do you fix this? We need more Americans, more immigrations more children, more babies. This country has room for easily 1 billion people like China but we only have like 330 million so yeah we need lots and lots and lots of people then labor will be cheap and prices will fall. It s a mistake to think inflation is the problem, the USA has had 12 years of low inflation from 2008 to 2020 forcing the FED to buy bonds and provide QE. What we need is more people in this country to reduce the cost of manpower. That's the freaking root of the problem. Americans are getting older not younger = less people working. Old people in their 50s are not going to fix your car for cheap you need young kids in their 20s and 30s but take your car in to a garage what do you see? OLD GUYS. That's the problem.
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  2942. This video is missing the reason why these crashes happen, in 1929 it was a long run of massive innovations, Radio, airplanes, home appliances, electricity, telephone, cars, ENDLESS new innovations and like all cycles eventually it overheats, peoples money is already spent and so sales decline, and the money that goes in to the stock market itself reduces consumption of goods, it is simply due to the adoption rate slows down like all new innovations and peoples money is tied up in the bull stock market eventually reducing consumption. In a funny way it is the stock bull market that popped the bubble as so much money went in to the stock market it reduced consumption. Also you MUST look at the Business cycle in the context of such a video not just in the financial cycle but Psychological cycle as well. Humans rush to buy something new and that drives growth but eventually even a MASSIVE wave of new innovation slows down as these new innovations run out of customers in the first adoption wave. We are today in 2024 possibly only just getting started on the motherload of all innovation runs, not only AI but automation of manufacturing and a totally brand new wave of industrialization. Imagine the year is 2040 and you have hundreds of new factories that finally break the problem of high cost of wages in the USA and BOOM hundreds of new factories with few people working there, but then after some decades we produce too much stuff and the entire system slows down with over production. This could play out in the future who knows? The Business cycle, the metal adoption and eventually exhaustion plays out over and over. 2000 was tech bubble, 2008 was housing bubble 2029? Ai bubble?
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  3022. This video totally misses the much bigger issues. Organic matter, fertilizer only lasts a few months so it won't make the trip to mars and it needs to be replenished constantly. You might think that dead plant matter can turn in to fertilizer for the next cycle but decomposing plants will not break down without insects at least not fast enough to be useful and insects cannot survive the trip to Mars without Oxygen and constant cycles of life and a lot of food that Humans need. Another major issue is that most vegetables need heat and sun regardless of having a greenhouse. You see, a greenhouse needs heat source and constant watering to kick of the cycle that leads to stable humidity. Heating a greenhouse is done by the sun or using propane or natural gas on Earth and this is simply not possible on Mars. Sure you can have a field of solar panels and under floor heating in a greenhouse as well as batteries for heating at night but I have to say this is a major major undertaking and I have done this exact this in my own greenhouse and results are not good at all and very very unpredictable. So, for Mars you would need, greenhouses, organic matter, solar panels, heat source, battery backup, seeds, a system to melt water, filter the water, pump and transport the water, water lines for the greenhouse and a large amount of tools. With all due respect, I have done all of this and I have to say it is very very hard on Earth so doing this with all of the hardships of Mars is simply not going to work. Humans on Mars need a different source of food, growing it is just not going to work. I think that Humans cannot survive on Mars, it is as simple as that. Mars as a planet died, it is indeed a dead planet as it is still today losing what little is left of its atmosphere to space. Every day that goes by Mars just becomes well, more dead. Is this really a place humans will find their future? No.
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  3060. ​ @g0679  What is the outcome? No global trade, every country takes over their own water access and demands massive taxes and blocks access for competing countries so trade falls apart, maybe some global trade deals but that has to be limited to countries next door to each other or a group of countries that can be connected somehow by land or sea but the world without the USA is a world decoupled, a world that will go to massive wars over land and resources and trade links and access, just a fucking mess. Sure the world can do without the USA but then there is no law its everyman for himself, we have been there for hundreds of years it was only the British Empire and now the USA that holds the game together. If you think China will show up some corner of the world to protect other countries trade routes out of their good will? Fucking think again, they dont give 1 shit it's only what serves them. The USA sacrificed its own industry and ship building and everything to the benefit of the world and enjoy a period of low inflation in return but if the world kicks out the USA then it will close the door and re-industrialize in a country that has the resources, more land for agriculture than any other country and a low population to easily meet all needs for millennia so they don't need the outside world, just got to keep adding more nuclear weapons and more counter measures and be untouchable and the USA can live in isolation like fucking Kings with no debts and crazy wealth while the rest of the world is suffering famines, wars, trade collapse, end to free access of the seas and whatever else goes down. Is that a good world to live in? No. The EU will be long gone by then and war will return to Europe probably just Russia taking out anger on millions and millions of people and eating up most of Europe but would that harm the USA? No. This is why Putin was depressed that the USA countered him he expected to USA to just leave Ukraine alone because Russia taking over Ukraine is good for the USA it keeps a sword hanging over Europe which is a competitor to the USA so it helps the USA by Russia threatening Europe but he failed to see that the USA would support the democracy and freedom that people of Ukraine desire out of the Good will of Americans so the mentality in the USA to support people that want self determination is not yet gone, it will some day but not yet.
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  3084.  @TheDaeroner  Hong Kong was always part of China it was a temporary leased to the British Empire for 99 years. Macau is similar of course it is part of China. However after so many years of independence people of Hong Kong did not want to lose their western style freedoms granted to them but China chose to use force against them and that changed global view of China to one that does not care about value of human life as other countries do. You can see how China acted during COVID in authoritarian ways. China used to have a very orderly system of power but Xi Jinping took full control over it and now rules as one deciding person over all matters which is a shame, I actually was a big fan of how China was ruled for the last 40 years as it lead to good decisions and ability to deal with many issues at the same time and create a very successful economy for China and great positive impacts on the world but now with Xi Jinping there is only one man who rules everything so it is a real mess, very unfortunate change for China and the world. There is a saying, too much power corrupts the soul that is what has happened to Xi Jinping he became the Dictator of China and now is so blinded by his own power that he is making many errors and mistakes which is bad for China and the world. I want to see a successful China and a growing China and I wanted to live in China but that is no longer possible due to hostile nationalism that Xi Jinping is creating in China and damaging the Economy of China for no reason at all.
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  3191. The problem is that the moment a country like Russia uses a nuke it risks exposing their ace card, that's the worst possible move and could risk destroying their nuclear deterrence so not likely they would ever use one unless they really at live of die moment. Also keep in mind that modern nuclear weapons are mostly small and so the damage is limited to about 1 mile square and another 2-3 miles of damage, more like a hurricane. That is still very bad against a city full of people but 1 mile is not going to destroy a city, for example Los Angeles is over 500 miles square. Just so we get some perspective. Also, the human body is able to deal with radiation pretty well since we are all blasted with it 24/7 from our environment and from space, officially a nuclear blast is safe after 24-48 hours that is the official range by most Governments but in reality as soon as fallout ends. The Human body is much more resilient then we give it credit. In the Chernobyl nuclear disaster only some 8 people died and that came after handling highly radioactive material which not much of that is left after a nuclear blast so in a way a nuke weapon is actually safer as the bad stuff is vaporized. A lot of nuclear fear mongering comes from the Russian TSAR bomb but that was more of an experiment and PR tool rather than a real weapon. It could never reach the USA as it is far too large and heavy to make it over the pacific ocean so it was more of a threat against Europe but even then it's very impractical and would likely easily get shot down by the huge number of fast fighter jets that Europe has which are far better than anything Russia has.
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  3291. Here in Seattle most of the Electricity is hydro so it is the cheapest in the US but I am strongly against placing solar panels on the roof as we get pretty aggressive MOSS growth any shaded area within a few months will take over by Moss for example during COVID people did not drive their cars much so many cars were damaged by Moss and you can see them driving around with the damaged paint job. Now imagine what this will do to your roof after a few years growing under the solar panels?? Disaster waiting to happen. Sun kills the Moss but it will grow like crazy under the panels, or you got to go up on your roof and spread the anti moss powder like most people do in Seattle. In spring and before winter most people climb up on the roof and put down the anti-moss powder. That will be super hard with Solar panels in the way and it is so dark under them as well I don't think the powder will even work. The best is to place the solar Panels on a metal adjustable frame in the yard, this will also be way cheaper to install, less man hours, less drilling and easy to maintain, monitor and replace bad panels yourself and also lower cost to replace your roof material if you ever need to. Sure, roof is supposed to last 30 years but some bad storms and snow and it can eat away at it after like 20 years; Also, with the Solar panels near the ground you can clean snow off of them without having to climb on your roof in winter!!!!! Yeah fuck the roof install do it on a raised panel in your yard!!
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  3354. The US population is getting old, the cost of a factory worker even in the poorest US states like Georgia and Mississippi is $15 per hour compared to $5 in Poland, Romania, China, Taiwan, Vietnam and even cheaper in India $3? So the USA cannot compete at all. Also Americans are lazy, you can buy a very cheap house or land in the mid-west or South and only work for a few years and retire and stop working very early in life - many Americans are already retired in their 30s or 40s and the workforce participation rate is 62% super low. I have hired contractors to work on my house in Seattle and at age 40s they tell me they are about to retire or already retired and just working for something to do, So who is going to work in factories? For cheap? No one. The idea of returning manufacturing to the USA is a phantom it is like Don Quixote - chasing after impossible pipe dreams . And if the USA uses fully automated factories - it will absorb massive capital away from Finance and Tech to do so - weakening the Pillars of the US economy and for an industry that will still produce goods that are far too expensive to ever export outside of the USA! Total disaster. The outcome is inflation for no reward and a much weaker US economy and may see abandonment of the Dollar. For what benefit? Autarky? Freaking 1930s Autarky? Really, just for the sake of self reliance when half the world as an ally of the USA and most of the world is happy to export for cheap. India is just getting started and central Africa hasn't even begun to manufacture. The USA is turning in to Argentina mixed with 1930s Germany but the rest of the world should do well, so there is that.
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  3379. Putin is obsessed with the end of the Soviet Union and see it as a humiliation just like Hitler was obsessed with the end of the Weimar Republic and also saw it as a humiliation. Let's continue.... The similarities between Hitler and Putin is on every level and endless... 1. Both Hitler and Putin are Nationalists, they see their nation as their own property and only care about the nation itself, Hitler was the Nation, Putin is the Nation. National-Zotialisim = NA-ZI Both Hitler and Putin are Nationalists. 2.Invasion of neighbor countries to "save" German people for Hitler or Russian people for Putin. They both claim that other countries belong to them. They are very similar in thinking, Hitler and Putin are identical, they think the same. 3. Using Swastika as Symbol for Hitler to represent Nationalism, and the joy of CHAOS and causing destruction to innocents, the same as "Z" for Putin, creating the TRANCE of war of causing murder and rape to innocence. 4. The organization of the economy in control by Oligarchs, same for Hitler and Putin. Russian economy is very similar to German economy in WW2, oligarchs own all the companies under consolidation of power. 5. Disconnecting the economy of the country from the western world, same for Hitler and Putin. 6. Progression of Extremism, Both Hitler and Putin become more radical and extreme as time goes on, they are very very similar on this. Hitler did not know how far he would go, Putin also does not know how far he will go either. 7. Cult of personality, Hitler had a Government but managed and micro-managed every aspect of the country and every question at the end leads to Hitler, Putin is the same, Russia has a "government" but every question has to go to Putin to answer. They are identical. 8. Hitler and Putin both analyze the world in a reality that does not exist, they invent a world around them that is FAKE, they both think the same way. The Soviet Union was never like this, it had a very organized structure even when a vacuum was left like after the death of Stalin but that was nothing comapred to the current state of Russia which is just like Hitler's government. 9 10 11 12 13 14 ..... endless list of similarities I don't have room here to list them all...
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  3384.  @eljefe5858  Dollar is not going anywhere becasue #1 China cannot let control over the Yuan go to foreign hands as China is run by totalitarian system and so they need to always have power to manipulate the Yuan to maintain stability within China. Also if China wants to be able to go to war it needs to be self sufficient which means it cannot allow the Yuan to become a world reserve currency as that will weaken China. The main risk however is that if China loses the ability to manipulate the Yuan, it will no longer be able to pay off the Chinese people, and If you want to see what happens to China when the people become unhappy and poor, just look at history, "China was whole and then it broke" That is the thing that scare the Communist Party the most, China can easily break if the people are not happy they will burn down the CPC and cut off their heads. Xi Jinping is scared of the people of China coming to get him which is why he must always maintain control over the Yuan so he can make the people happy by manipulating it. #2 The USA is made weaker becasue it is the reserve currency, China has been manipulating it's Yuan for 50 years in order to make goods made in China cheaper to the world but if the USD is no longer the reserve currency then the USA can now manipulate it's currency to do the same!!!! You see? The USA will just begin to do what China did for last 50 years which will only strengthen the USA which traditionally is a global exporter and manufacturer in competition with China. The USA and China had mutual situation by working together for the last 50 years with China free to manipulate its currency which meant no Inflation in the USA and cheap goods to allow the USA to transform from Manufacturing to Technology and China from farming to Manufacturing. The new world order will see the USA move from Technology back to Manufacturing and then to War and China from Manufacturing to Controlled Economy and then to War. So both China and the USA will be set up in a position that leads to war. Not a surprise.
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  3385. Russia was trying to copy the western idea of a small but highly trained professional army, that is where the T-14 idea comes from. To protect the high value professional army inside of it at all costs. In Ukraine that idea collapsed and Russia has returned back to mass of cheap low trained manpower it can dispose of. The T-14 as such as no value in Ukraine as the Russian army would just waste the tank and probably fail to operate it and service it as it is too advanced for low skill mass conscript army. T-14 has no value for the Russian army of 2024 but if Russia ends its war and has a long period of downsize of its army back to pre-war level then it might find use in it again but we'll see about that. Russia is now addicted to war time economy and that is why Putin will demand from Trump 100% end of ALL sanctions just to try and save the Russian economy from collapse but Trump can't force western companies, people and countries to just resume trade with Russia like nothing happened so even if that is agreed on, I am 100% sure it will not play out. Would you do business with Russia after the Ukraine war? NO I would not ever again, no value in the risk level. So Russia's economy will end war time economy and have no more demand left = collapse. Putin is either stuck in a war time economy which can't continue for much longer and will collapse or end the war with some agreement and then collapse. Anyway, Russian economy has no way out of this one. If you are in Russia now is your chance to get your money converted away from Rubles and get out of Russia while you can. In 6 months from now the Russian economy may look totally different than it does today.
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  3421.  @P00009  Russia lost 50,000 solders and another 50,000 mercenaries that is total of 100,000 people gone in only 2 years of war is a very big loss of young people that Russia has very few births making the future of Russia have less people even further. Almost 50% of all armor that Soviets manufactured 80 years and collected are also now gone, so Russia will never be able to recover from these losses. As a result Russia is no longer a threat for Europe or a land power and will forever have less armor and weapons than its neighbors. The manufacturing and industry of the Soviet Union is empty buildings and factories why? Because it all was taken by China over the last 40 years. Why did Soviet Union collapse? It was China, that is the big secret China destroyed the Soviet Union and now Russia today is fully dependent on Chinese exports. With western sanctions, Russia cannot sell any goods which requires higher value to be successful and so now, only even more Russian industry will be lost to China which will export goods to Russia for cheap and make Russia 100% dependent on China for the future. Without industry and manufacturing, Russia will have no value as a country and will be unable to replace the lost Soviet weapons. The only industry left in Russia is military but it is very small capacity and after the war stops or ends this industry will collapse in Russia for China to take even more. At any time China wants it can shut off trade to Russia and starve it of imports which is very powerful tool making Russia a vassal of China.
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  3427. You never read the Memorandum !!! Here it is for you to read - this is very very short anyone can read it: According to the three memoranda,[8] Russia, the US and the UK confirmed their recognition of Belarus, Kazakhstan and Ukraine becoming parties to the Treaty on the Non-Proliferation of Nuclear Weapons and effectively removing all Soviet nuclear weapons from their soil, and that they agreed to the following: Respect the signatory's independence and sovereignty in the existing borders (in accordance with the principles of the CSCE Final Act).[9] Refrain from the threat or use of force against the territorial integrity or political independence of the signatories to the memorandum, and undertake that none of their weapons will ever be used against these countries, except in cases of self-defense or otherwise in accordance with the Charter of the United Nations. Refrain from economic coercion designed to subordinate to their own interest the exercise by Ukraine, the Republic of Belarus and Kazakhstan of the rights inherent in its sovereignty and thus to secure advantages of any kind. Seek immediate Security Council action to provide assistance to the signatory if they "should become a victim of an act of aggression or an object of a threat of aggression in which nuclear weapons are used". Not to use nuclear weapons against any non–nuclear-weapon state party to the Treaty on the Non-Proliferation of Nuclear Weapons, except in the case of an attack on themselves, their territories or dependent territories, their armed forces, or their allies, by such a state in association or alliance with a nuclear weapon state.[5]: 169–171 [10][11] Consult with one another if questions arise regarding those commitments.[12][13]
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  3512. Putin originally was voted in to power in Russia in a fair election but since that time, Putin has changed the system and laws and has become a dictator, he uses Democracy as an excuse for legitimacy but he does not have any real legitimacy to rule Russia as the elections are now fake and any person in opposition to Putin is killed or sent to prison. The only way to end Putin's control of Russia is #1 he is dead, Putin is 70 years old so he will eventually be dead in a few years anyway even if natural death. So Russia will need a new leader soon anyway so allowing Putin to control Russia is just a waste of time because he will be dead soon anyway. #2 Russian people have become ant-political, Putin has taken control over Media in Russia and uses it to brainwash Russian people to not think Politically in their heads, but if the Russian people WAKE UP and go to the streets to protests millions of people will be able to remove Putin from power, he makes it seem like that will never happen but of course it will, if millions of Russian protests against Putin this will remove Putin's legitimacy to rule and he will be remoted one way or another. The #3 options is that someone or a group with power in Russia will remove Putin from power, maybe Russian army maybe FSB I don't know but some group with power will use that power to remove Putin. This will only happen if Putin loses Legitimacy so either he will lose the war in Ukraine, millions of Russian protest against Putin these situations will remove Putin's legitimacy and maybe Russian army will remove him from power.
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  3596. Germany had 2 crisis at the same time #1 was the impact of the global financial crisis in 1929 and the NYC stock market crash was not the cause of it but a symptom of it. The situation was made worse because the German government had 100% of GDP in debt to foreign nations, 50% of the debt was due to WW1 reparations but the other 50% was new debt in the 1920s due to German bubble of loans when German banks increased the loans by 100% in a few years. The USA offered a debt moratorium for Germany so it could delay repaying the debt for a few years which helped a little but was not big impact. The big chaos started when one of the 4 largest banks in Germany collapsed Danatbank in 1931 and the depositors lost their money leading to a catastrophic run on the banks. Germany went in to chaos. Hitler did not predict any of the financial problems but blamed it on foreign powers which became popular sentiment with German people and his power increased as German Government went in to austerity which is important as Germany had so much foreign debt, again 50% of that debt was WW1 reparations but the other 50% was new debt due to bad banking policies and heavy imports slanted trade balance. Hitler rise to power was critically linked to lies of Hitler as well as racist sentiment in the Germany public, disapproval of austerity measures as the Germany government worked support the economy in crisis but also pay back debts internal and external and was unable to offer welfare money which the USA really did not do either so both Germany and the USA suffered more than other nations that did provide welfare programs like UK and France.
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  3627. OMG this really shows you how Americans have no idea how the healthcare system works that they spread their misinformation on to people outside the USA. Also the same for Media/TV shows like Breaking Bad they have their political views of the show writers or directors that injects politics in to it, not great but it is their freedom to do that even if it is misinformation. The reason the price for healthcare in the USA is so high is funny and very Technical, every American state has a different healthcare system and every insurance company has a different price for in-network and out-of-network. So what is the outcome? That any healthcare service charges a set maximum price that is on purpose higher then the most expensive plans and insurances, so just a technical number, the prices will later be processed. For example I had medical tests and X ray = price was $1800 but after processing with my state and insurance company the actually fee was $1100. After that, the healthcare insurance has Co-Pay so now the price came down to $650. Yes that is not cheap but almost every insurance plan in the USA (except for some VERY strange ones) have what is called "Out of Pocket Maximum" meaning that there is a maximum you will pay for 1 year window usually January 1 to end of December. In that window my insurance which is a very cheap one LOL but my maximum Out of pocket is $3500 (you can get better ones). So in the 1 year window the most I will ever pay for anything is $3500 and after that everything is free except medication. The out of pocket is only paid 1 time so if I had $150,000 fee I would pay $3500 and if I then need $300,000 health care wellllll its 100% FREE if I then need 1 million dollars of care in the same 1 year?? FREE. Yes, the American system is set up to benefit people who have many issues in 1 year period. I don't know why this is the system but if you know how it works and have insurance..... it's not that bad.
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  3877. Humans have produced radio signals starting in mass around the year 1900 and those signals have already traveled around 120 lights years from earth and a massive blast of radio, TV and the full spectrum shortly behind. They call it the bubble and it is a monster of noise us humans are producing and sending in to space. The thing is that any Alien life out there would be doing the same or at least at one point in their development would have so we by now should have at least picked up on some of that, as it would fragment and bounced off objects in space so we should have found something. The simple fact is we have so far found nothing. The only possible reason is that we are truly alone OR any life is primitive or never developed to intelligent life OR the more likely reason is that aliens are very far away possibly on another galaxy. Now, could an alien from another galaxy reach Earth? NO. The closest Galaxy is 25,000 light years away so it would take 25,000 years to travel at the speed of light and to travel that fast you would need infinite power so not going to be even close. The nearest habitable planet is 4 light years away Proxima Centauri, and for a vehicle going the maximum speed of gravity using the slingshot method would take some 300 thousand years to travel that. Sure, aliens might have better method of travel but at some point the mass of the craft being propelled ever faster starts to slow it down ever more, meaning there is a real maximum speed for aliens to travel no matter their advancement in technology. That speed is likely around 30ms which would mean getting to Proxima Centauri would take 80,000 years even for aliens at the pinnacle of possible technology. I highly doubt aliens have ever visited Earth and ever will visit Earth. We may talk to them over radio assuming they are close enough to have a fruitful back and forth. Perhaps even using massive powerful beams of light. That is how Humans will meet Aliens.
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  4011. In the USA everyone over age 65 is covered by universal health care and the Government funds their insurance called Medicare. Maybe one day in the future as US population rises and density increases maybe in 50-100 years they could extend to all the population, I can see that happen, but today it is only for people over 65. However the medical facilities will always be private. The real issue is that in the USA it is like 50 countries in one and each state has a different economy for example an emergency room visit in California is worth $3000 but in Maine it is $900 so if you unify in to 1 system you have a mess to deal with and balance the costs so it just would not work, you end up creating 50 NHS systems in 1 country. Now that would be a disaster imagine 50 NHS systems? No that's not going to work. Also keep in mind that unlike other large countries like Russia, Australia, Canada, Brazil in the USA people can live almost anywhere, you have some 100,000 towns and cities there is no way a top down Government can manage such a large system so it would lead to 50 independent systems which is really incredible overhead costs so not going to work. I have a friend who lives in the city of 1,000 people called Tonasket WA have a look on the map, you can barely find it and yet they have a nice local hospital funded by the community and local population who use the medical services if the system was managed by the Government they would not have any care and would need to travel to a larger city.
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  4084. This is not accurate at all, China is going after European industry like cars, building cruise ships, airplanes/Airbus they want to take over as much of the industry made in Europe as possible so there is no option but for Europe to create with the USA a new world order where the world is split in 2 the Chinese camp and the western camp so both EU and USA are on the same side which is why the USA and EU resolved the long standing dispute between Boeing and Airbus because China is going after BOTH of them. You see the problem? Saudi Arabia is not siding against the USA at all they are actively fighting a war with Iran too, however they have their own agenda to make themselves a regional power and in all reality that is not in conflict with the USA at all so it's not an issue however Saudi Arabia wants higher price for oil due to losses from COVID while the USA wants cheaper oil so a bit of a disagreement but not big deal. US + UK your comment about Oligarch money makes no sense, they did however take control over all of the money Russia kept in western central banks and private banks but this is not Oligarch money this is money that was owned by the Russian central bank and treasury. If Russia wanted that money they should have asked for it before they started a war..... A bit stupid on the Russian side to forget to ask for their money back before starting a war.... Russia is never smart. The USD main rival for world reserve is not China or Russia of course it is the EURO. However this is competition between friends some even call it the Eurodollar because they are both working together of course. Now, keep in mind that when your money becomes world reserve there is risk, another country that has a lot of your money can sell it and cause the value to fall without you being able to prevent it so this is why China does not want to be a world reserve and yes they are using it for some trade but it is small scale it is because China does not want to lose control over their own currency so that is not going to happen. The Chinese Communist Part will lose control over the currency if they become a world reserve currency and anyway, the faith in China from other countries is overall limited and China has far far far more enemies then friends, a few countries in Africa, Syria and maybe North Korea, some amazing friends.....
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  4101. This comment section is 100% wrong but easy to make this mistake form outside the USA. A Fascist can never rise to power in the USA due to the massive verity of cultures and ideas. You need the votes of Hispanics, Blacks, Native Americans, the 4 million Russians and Ukrainians, the Chinese and Japanese and Koreans, the Jews and Muslims and Hindus, how the hell can a Fascist rise to power? Impossible. You even need the delegates of all 50 states and so if you risk taking power away from the states, centralizing power, well you are for sure never going to win. The US has always had populist political figures rise to power due to the way Americans see politics almost as entrainment. The most iconic is JFK who was a the most populist leader in US history and the nation really was in pain over his assassination/. Many others on the left wing like Al Sharpton and Jesse Jackson, Martin Luther King, even Barak Obama are all populist, also Bernie Sanders who touts Socialist ideas but is more about his own self image then anything to do with Socialism. On the right wing you have people like Arnold Schwarzenegger and Ron Paul, Jessie Ventura, Sarah Palin and of course many others and Donald Trump are all populists. Back to the man, Donald Trump he supports the US constitution, US state intendance and not the left or the right in the USA would ever support centralizing power, this is incredibly unpopular. While Donald Trump is against Marijuana personally, when asked where he stands on this topic, what did he say? Trump: "In terms of marijuana and legalization, I think that should be a state issue" That is not how a Fascist talks or acts and very normal statement as every single US leader since George Washington. Under Trump's rule 2016-2020 10 US states legalized Marijuana, 10 out of 50. He was against it. You call that a Fascist? No Trump is a populist and ego maniac but he is not a Fascist.
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  4156. Very important to understand that Socialism is a platform rather than one clear ideology. For example Adolf Hitler saw himself and his party as Socialists as Nationalist-Socialists or in today's wording as Socialism with German racial Characteristics, and so instead of order of society by economic-social standing as workers, farmers, land owners and so on, Hitler instead saw Socialist order by race, pure white Aryans as the top of society and different cultures or mixes of race below them until the bottom as people who do not have a home country or homeland which at the time were the Jewish people who of course did establish a country not long after the end of WW2 which just goes to show had stupid Socialism is. Is Socialism with Chinese characteristics any different? No. It is still using the same old structure of Socialism with China's own view of order of society by connections, power and influence which is why when the Chinese Communist Party see someone become popular in China and famous that is not inside the Socialist ranks they take forceful action because they are playing outside of the game, famous people who are now in prison or dead or rotting away in Qincheng or Tilanqiao Prisons people like Jack Ma, Edison Chen, Kris Wu, Gao Xiaosong and so so so many other good and talented and gifted people just because they became famous and gained influence which is in competition with the Chinese Socialist order. This goes to show how stupid and old and bad Socialism is, it is an old broken system from an old world and China is stuck to it until it can break free.
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  4376. There are MAJOR issues in Great Depression information.... The USA did not suspend the gold standard in 1933 it only banned the exchange of Dollars for Gold for the American public. The USA also began a confiscation of ALL GOLD held by the US public at a very low exchange rate so people also lost their gold and were only given a small compensation, once the gold was confiscated by 1938 the USA raised the peg/fix of Gold to the Dollar, making many Americans very upset but WW2 overshadowed these events. After WW1 the USA was a major exporter to Europe due to the damage inflected by WW1 however, by 1927 Germany had rebuilt and the GDP rebounded back to pre WW1 levels so USA exports to Germany fell dramatically and also the British Empire decided to boost internal trade within the empire to recover from WW1 giving preferential conditions to trade within the Empire blocking out the USA. The USA as such reacted to these actions by placing tariffs on trade, a number of counties placed Tariffs on the USA as a result but these were insignificant as the majority of trade was with Germany and the British Empire. The impact was that the USA began to over produce crashing prices, crashing the stock exchange in 1929 and the rest is history. The Great Depression as such really started by the USA becoming dependent on German and British Empire importing USA made goods. A similar situation was avoided after the end of WW2 thanks to 2 reasons, #1 the Korean war continued military spending and then the cold war. #2 Germany was split by the Allies leading to lower production for many years to come giving the USA time to change industry #3 the US economy was much more diverse after WW2 . The USA cannot have a Great Depression as Today this risk is on the shoulders of China as it is the manufacturer and exporter which leads the world. The USA and Europe do not have a risk of over production today the worst case was during COVID when companies servicing tourists, offices, airline and restaurants were shut down leading to farmers and many 3rd party companies losing the demand which lead to food being burnt or dumped in fields as it had no buyers but this was very temporary and the deflationary forces barely even showed it's face for a few months so COVID proved that western nations cannot face a deflationary over production cycle, However this is for sure a major risk for China.
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  4404. I am sorry but you are wrong. The USA only will invade a country where the total majority of the population clearly would support an American invasion. Iraqi people were lead by Saddam and his men who were members of the MINOIRTY Ba'athist sect of Islam. The population was ruled against their will which is why they joined and handed out flowers to US troops. The USA invasion of Iraq only lead to 179 death of American solders and most were from friendly fire and illness. A country the size of Ukraine, falling in weeks with under 200 lost American troops..... That is how America rolls BABY!!!! Yes the fight against terror then turned in to a mess but that is another story. Invasion of Italy clearly the population supported the Americans and quickly ousted their dictator Mussolini and KILLED HIM!!!!! The Italian people KILLED MOUSILINI to support the American invasion, that is how it is done!!!!! The American invasion of France, the low countries of course the Americans were supported by 99.9% of the population, GI's marched in to Paris with flowers and kisses.... Come on. In Afghanistan the USA had left and given up in 2016, there were only around 2000 American solders when Taliban took over but those forces were not doing any fighting. American death toll in Afghanistan in the last 7 years was UNDER 100 lost US solders. UNDER 100, the US army was not doing anything in Afghanistan which is why Taliban won. The US was just operating training, the airfield and most important I assume some intelligence operations. The USA will only invade if the population overwhelming majority will support the American invasion and turn against the leadership. Iran, is not one of those countries so the USA will NEVER invade Iran.
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  4516. ​ @ram318yt  Yes you are right the income level in China is around the same as the USA in the 1980s-1990s which is the level of income when factories started to exit the USA so China is at about that same level - so China will have to transition to higher end manufacturing which is what the USA did in the 1980s-1990s and in to the 2000s. Airplanes, car, advanced machinery, just that step up. China will have to transition. What will the rest of the population in China do? Well the easiest path is Technology companies but the problem is that will cause inequality in China and that could lead to a lot of very unhappy people if many cannot sustain their quality of life. In the USA that leads to problems as well but China just has many more people to worry about. In the USA only 7% or 8% work in tech and 20% more services those people like house cleaning, restaurants, construction - China can't afford that order, there is just too many people in China to have 7% or 8% working in Tech and another 20-30% just to serve them? Not possible. So China has a harder task here to sustain it's people's quality of life as low cost industry moves away from China as salary rise - So China will need to make MORE airplanes than the USA made for the same time period - so China needs a world that expands more than in the 1980s-90s, that means solve any issues with the USA or the west and make them comfortable to buy from China. For that Xi Jinping will have to retire and let someone else rule China who is more friendly with the west, but Xi does not want to give up power as he became addicted to it - so we shall see.
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  4529. China will only be a risk to the USA if it has a Democratic Revolution. Being #1 is not a game of power but a game of trust. The World trusts the USA and to a bit lesser level the EU. In fact in many regards the real risk to USA power is not China but the EU. However the EU has its own major risks like Brexit and Hungary today that counter the idea of unity in Europe and with rising right wing and nationalism the EU could come under long term pressure. The only other real risk to the USA is India which for now is very in-ward looking but check back in 100-200 years and India as an Advanced economy could be a risk to the USA, but again that is very very long term. China is only a risk to the USA if it has a Democratic Revolution and can resolve all of its global disputes like South China Sea. But there are other issues too like China's economy which has long term risks that a Democratic China could resolve but not under the Communist Party. China would need to open the door to millions of immigrants so China has to end it's nationalistic brainwashing of its people to allow for that to play out, China would also need to find a way to create massive consumer demand which means liberalizing land development, allowing Chinese people to buy private land all over the country and do with it has they desire like building a private home, that is the ONLY way for China to develop local consumer demand. But the Communist Party does not trust the Chinese people as they are always scared of them rising up against them. ONLY a Democratic China, that is no longer scared of uprisings, and is free to let its people do as they desire all around China with it's vast lands, only then, will China really be a risk to the USA. But this is not likely to play out in the next 100-200 years.
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  4582. The Baby Boomers used the hippie and anti war movement as a way to break from their responsibilities, they gave up on working in factories and industry leading to the massive inflation spike of the 1970s-1980s (similar to Chinese youth today with Laying Flat movement) due to this lack of manpower the entire US system broke due to their activities. The Arab oil embargo in 1970s brought the calamity to hit a wall and US massive inflation spile crushed the system. This lead to outsourcing of industry while baby boomers ran to California to start their run at entertainment, Technology or NYC for Finance. Today the US economy main engine is the same, Tech and Finance but when you combine these 2 you only get around 14% of the working population and so now you also see why middle class is so distorted in America is that the middle class engine is a small piece of the population that generates the demand and wealth that the rest need to feed off, construction, renovation, government, professional servers, logistics, retail, food, are all just trickle down from Tech and Finance workers. The middle class bracket moved way high up today you need like 130,000 a year to really be middle class and both working parents so over 200,000 a year in a place like California or DC or NY or WA or OR or UT or CO or NJ, MA or NC or FL, however most people who think they are middle class ARE NOT. If you don't work in Tech or Finance you are not middle class you are living off of their trickle down impact. So how do we fix this? We cut off trade with China, we raise the price of goods leading to manufacturing and industry boom here in the US away from China. We turn the table upside down, we now have high inflation, high interest rates and home values crash. The table turns over. The wealth goes to manufacturing and industry while Tech and Finance consolidate and solidify and investment money pours in to mining, logistics, infrastructure, back to the 1960s and going backwards from there, up the mountain we go.
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  4584. ​ @jamesbosworth4191  I have full respect for Unions but their outcome is unquestionable. Unions lead to much higher wages, terms and condition for workers but they lead to shrinking number of workers, as companies wage costs go up they run to offshore and automate as much as possible so Union lead to much better conditions but to fewer and fewer workers as a result. What is my proof? Look at the offshoring of American industry from 1970 to 2024, which has declined by head count dramatically. Right now, in 2024 you have millions of Americans sitting on their hands not working, this data is called Workforce Participation, the USA is not one of, but THE lowest in the Developed world at 62% of American Men of working age group actually working every day, that is a sad sad number. Even the UK which lost more industry than the USA, they were an Empire not that long ago with exclusive export controls inside their Empire, they also lost industry but today in 2024 over 75% of British Men are working every day, and Germany where Unions and companies work very closely together they manage to have around 80% of working age Men actually working every day, that is 18% higher than the USA. 62% vs 80%, that is disgraceful!!! Why have we abandoned industry, skill work opportunities for millions of Americans? Unions are NOT the only reason of course but they are the LARGEST reason. Today many Unions understand this, for example the Boeing company is really not doing well and their Unions are trying to help, probably not enough and are damaging the company pretty bad as usual but they do take the lower ground, and accept to some extent they need to give in more for the company to survive.
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  4601. I think Ray is wrong I personally think that China is preparing for total war and as such a war time economy. Unlike the world that is business as usual, China is making moves that to me appear to follow the footsteps of pre world war 2. Have a look at what Germany did prior to WW2, sure many changes do not apply to today for obvious reasons but a few key pieces do fall in to place. #1 China like Germany is dependent on fuel and raw material imports so the natural approach which Germany did was to reduce civilian/non war time manufacturing to free up domestic resources to be able to operate during war and remove dependencies of foreign trade which would be cut off. China uses the excuse of going green as a reason for reducing it's manufacturing which is also needed for a war time economy #2 China would need to prepare it's economy and population to the shock of a war time economy, for example, reduced quality of life and living standards and expectations that are common today in China and they are calling this as "Fraud" or "waste" they have gone after personalities, CEOs and even gone after CCP party members that live a life of luxury, while this might just seems like returning to socialist ideals it is also needed change in preparations for war time economy. #3 Consolidating power, China would need to have a tight grip over it's economy and population in order to operate successfully in a war time economy especially if the population does not want to go to war, Chinese people do not know war and so they might not understand why they have to sacrifice everything they worked so hard for and as such, stability within China could be intense and that is why China may have been working so hard to place controls over the population in recent years, for the transition to a war time economy. These are just a few examples that come to my mind but I have no idea if this is the real intentions are just the way things look on the surface.
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  4646.  @sethtwc  That was only due to Hitler being in competition with communist, Marxist and Socialist elements in Germany. Hitler was not the only show in town, he did not even have the largest crowds, not at first, it was a progression. Hitler himself said that he is a Socialist and that his world view for the Aryan German people was a Socialist utopia where the Aryan German people did not have to work hard, had a fare share of society, Hitler simply did not get the chance to see his Socialist plans come to reality. If Hitler had won WW2 he would have progressed onwards to his Socialist utopia > Historian Modris Eksteins argued: Contrary to many interpretations of Nazism, which tend to view it as a reactionary movement, as, in the words of Thomas Mann, an "explosion of antiquarianism", intent on turning Germany into a pastoral folk community of thatched cottages and happy peasants, the general thrust of the movement, despite archaisms, was futuristic. Nazism was a headlong plunge into the future, towards a "brave new world." Of course it used to advantage residual conservative and utopian longings, paid respect to these romantic visions, and picked its ideological trappings from the German past. but its goals were, by its own lights, distinctly progressive. It was not a double-faced Janus whose aspects were equally attentive to the past and the future, nor was it a modern Proteus, the god of metamorphosis, who duplicates pre-existing forms. The intention of the movement was to create a new type of human being from whom would spring a new morality, a new social system, and eventually a new international order. That was, in fact, the intention of all the fascist movements. After a visit to Italy and a meeting with Mussolini, Oswald Mosley wrote that fascism "has produced not only a new system of government, but also a new type of man, who differs from politicians of the old world as men from another planet." Hitler talked in these terms endlessly. National Socialism was more than a political movement, he said; it was more than a faith; it was a desire to create mankind anew.[330]
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  4704. For the last 40 years the western countries were for the most part happy to part ways with lower end industry in exchange for having lower costs for the upper tier manufacturing like Boeing and Airbus, higher standards of living and most of all low inflation regardless of economic situation making it an easy job for central banks in the west. However, this is now coming apart, the costs are rising, inflation is returning and now China is going after upper tier manufacturing. Europe was fine with losing thousands of companies making consumer goods but to lose Airbus? tech industry? Cruise ships building? Tool making? Automotive industry? Now we have a problem. China is more than happy to see Apple and Samsung rush out of China as it no longer cares about lower end manufacturing they want to big players now. They want technology, chip making, ship building, Airplane manufacturing there is no doubt that China feels that they are entitled to move upmarket and making the life of their own citizens better and I can see their side of the story. It's not much different then what happened during the rise of other nations and their impact on a globalized world. However we will now face a glut of higher end industry and with that a missive risk to anyone that cannot compete with China. So, what do we do now? Well we have only 2 options, let China compete with the west's lucrative industry directly or split the world in to a new cold war. On the surface the USA is not interested in a new cold war as said by Joe Biden himself yet he also said that it was time for a new world order. The problem is, so far it sounds like we want it both ways and that is just not going to work. We can start off by subsidizing industry, give money out to Boeing and other big players, ban the import of Chinese made cars but eventually we poke each other enough and that cold war idea is back on the table however it may be too late to win by that point. If you want a new world order the time for that is now or we simply have to brace for the rise of China to it's next phase of development from developing to fully developed country.
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  4809.  @chrisparnham Every single person on this comment thread has no idea what the world is like, fool!!! The USA has an aging population, the USA like all developed countries has inflated over the last 200 years, the USA population is used to high quality of life and cheap goods, to turn back the clock to self sustainable USA is not possible!!! IF THE USA Closes the doors to trade = Hyperinflation, dramatic, absolutely dramatic shortage of goods, empty shelves, deep economic slowdown, Services economy collapse, cost of goods will explode so that Americans CANNOT buy new goods, no more cars, no more appliances for the house, the USA will become like CUBA, everyone has to repair what they own for 20 years and cannot buy new items, only keep fixing old ones and keep them working. This is a total dramatic collapse of quality of life, wealth, buying power, and will make Americans be willing to work for very little money to survive. YES this is how you make Americans get to work in industry and factories again, by MAKING AMERICANS POOR. This is how it is done and that is the outcome, destruction of wealth, loss of buying power of the people, hyperinflation = force Americans to work in industry for little money = self sustainable USA but with dramatic pain. The problem??? The USA is HIGHLY diverse population and so the outcome of this pain will be dramatic unrest, deep and serious unrest and so the USA would be paralyzed by violence. The only way to divert the problem makers will be to conduct war on other countries. Since the USA will suffer hyperinflation it could not export ANYTHING to the world so to create demand it would have to go to war = war creates demand for a self sustained, suffering economy. Trump = Hyperinflation, making Americans desperately poor = collapse of demand = rise of industry powered by now cheap manpower due to hyperinflation = lack of demand = war. The USA will become addicted to war.
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  4931. Here in Seattle most of the Electricity is hydro so it is the cheapest in the US but I am strongly against placing solar panels on the roof as we get pretty aggressive MOSS growth any shaded area within a few months will take over by Moss for example during COVID people did not drive their cars much so many cars were damaged by Moss and you can see them driving around with the damaged paint job. Now imagine what this will do to your roof after a few years growing under the solar panels?? Disaster waiting to happen. Sun kills the Moss but it will grow like crazy under the panels, or you got to go up on your roof and spread the anti moss powder like most people do in Seattle. In spring and before winter most people climb up on the roof and put down the anti-moss powder. That will be super hard with Solar panels in the way and it is so dark under them as well I don't think the powder will even work. The best is to place the solar Panels on a metal adjustable frame in the yard, this will also be way cheaper to install, less man hours, less drilling and easy to maintain, monitor and replace bad panels yourself and also lower cost to replace your roof material if you ever need to. Sure, roof is supposed to last 30 years but some bad storms and snow and it can eat away at it after like 20 years; Also, with the Solar panels near the ground you can clean snow off of them without having to climb on your roof in winter!!!!! Yeah fuck the roof install do it on a raised panel in your yard!!
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  5007.  @TheAmericanAmerican  The Bolsheviks did seize the means of production but it is important to remember that this is very specific to Russia as it is very hard to grow food in Russia due to the winter weather and the Tsar was involved in WW1 which lead to most of the food heading to the war effort which lead to massive famine in Russia so the Bolsheviks grabbing the means of production was taking over Food production, It's important to remember the "Taking over means of production" for Russia was FOOD. They collectivized the farm land meaning that the country took over all of the farm land and the general public living in cities was ordered to go and work the farms. The problem is that farming is a skill that people that live in cities did not grow up learning how to farm so they failed and Russia went in to even worse famine so taking the means of production in Russia at first was a failure. However that began to change under Stalin's orders to industrialize Russia with his 5 year plans with the help of the USA which shared much of the knowledge and even built a number of factories in Russia for tractors that was key for solving the famine issues by industrializing farming. Another key was that the Soviets began to take over by force neighboring lands to Russia like Ukraine which was much better weather and soil for farming however Russia in this process took over the farm land of Ukraine to feed Russia and so millions of Ukraine people died due to famine in order to feed Russians this is known as the Holodomor as millions of Ukrainians died, an echo of today's events between the 2 countries. There is not much love between them that is for sure.
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  5216.  @shanecrocker3629  EVERY SINGLE TAX = you pay more. Corporate tax, tax on the wealthy, Tariffs on imports, EVERY TAX = YOU PAY MORE!!!!!!!!!!! When you walk in to Home Depot, Wal-Mart, Harbor Freight Tools, you buy something made in Asia and you pay 20% or 50% more, that is NOT helping American jobs. Can you make the Tools at Harbor Freight in the USA if the price geos up 50%??? No of course not. Just look at Snap On tools, you will have to pay like 300% Tariffs to do that but then you will only be able to afford very very very very very very few tools. SO is that worth it???? A few Americans more working in tool factory and you can only afford a few tools becasue the price is way way higher? THINK ABOUT IT. You are not doing Americans a favor. You are forcing cost of tools to go UP, you are stopping average joe living at home from buying tools so now they have to hunt for used stuff or not fix the thing that is broken they need tools for. So quality of life goes DOWN for no reason. And people that do need the tools for Work like car repair guys, they have less tools, have to pay more for tools, so become LESS PRODUCTIVE. The FED and Powell always bring up the magic work PRODUCTIVITY becasue that is how you get GDP to go UP! AND prices to come down. By importing cheap tools from China, the guys repairing cars for a living can charge you LESS MONEY to fix your car. You want cheaper car repair costs??? You want to be able to buy lots of tools at Harbor Freight so you can do your own repairs? Then Don't put Tariffs on China for no reason. If you want to Tariff something specific like imported STEEL or Cars, STUFF that we in the USA DO Make here. 100% go do it. We should have 100000% tariffs on imported cars so that even if China wants to make cars, no problem, just make the cars here. But electronics? Clothing? Tools? Small gadgets? No American will make that stuff for anywhere close to what China is able to make it for, so that just lowers the quality of life for ALL Americans for no reason!!!!!
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  5291. Listen buddy, don't try to brainwash your co workers that is stupid move. Everything in this video is wrong. The Gold Standard that they so look up to was FRACTIONAL TOO. The entire video is debunked because the amazing, out of the world gold standard was ALSO fractional. The USA never had 1-1 gold in the vault to dollars it printed that is a fantasy of conspiracy idiots. In reality EVERY monetary system that has ever existed has been fractional. The Romans simply used different metals in their coins AKA fractions of value. Everything is Fractional but here we are 2000 years later and we are all doing just fine. Even Germany after WW1 ON PURPOSE, totally 100% on purpose created hyperinflation to lower the cost of labor so they could re-arm, re-build and prepare for another world war + avoid paying back the debts they owed which they still owe today funny enough. BUT here is the kicker, after 2 FAILED world wars, and hyperinflation in the middle, guess what? Germany is still today in 2024 the #3 largest economy in the world so who cares. Hyperinflation means nothing in the long run, water under the bridge. Life always moves on don't waste you brain worrying about nothing. And about debts, well they all end, they all expire, every date IN THE WORLD has a date by which you pay back all that you owe and you get to own the asset. Every single Treasury Bond that the US Government sells has an expire date. You can buy 6 months debt, 1 year, 2 year 10 year whatever it expires. So why the panic? Why the fear? it is so overblown.
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  5418. Well I think the UK is doing better then the way people feel, even if wages have not kept up, housing cost issues there is probably a gap between sentiment and actual real financial standing of the people at least the middle class. You see the seme issues in Canada, US and Australia, the impact of inflation requires adjusting spending on a personal level and that can be hard in a consumer and services society. The UK after a few years of higher rates, lower consumer spending, should have enough gap to bounce back in the coming years but it could be that much better if some actions were taken today. Anyway, I just think the UK will bounce back as rates are lowered in the next few years to come but the UK has a large engine of growth that is held back on a number of fronts. Lack of industrial policy, over regulations, lack of high earning wages outside of a few cities. The company I work for has an office in UK, but of course it is in London, why does it always have to be in London? I hear the workers complain of the high cost of living, why not offer incentive to have companies re-locate their UK office to a lower cost city, allowing injection of higher wage workers and the services they consume to less wealthy cities. For example the company I work for has an office in the city of Reno Nevada which is not a wealthy city by any means but the workers that move to the city boost the local economy and in return get to enjoy a low cost of living while still making very good income levels, buying them more purchasing power and much lower cost of living.
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  5482. Marx was a bum, who lived off of other's good will and expected everything handed to him at no work or expense saw the world from the eyes of a loser. A man who did nothing in his own life than sit there and watch the world turn instead of being part of it. The Jewish community spat him out as they too wanted to work hard to receive any benefit, instead all he wanted was free stuff like an entitled brat that he was instead of actually doing any work. Marx was a bum, he lived off of the system and others hard work. How this man's thoughts of a bum swept over the world and changed the course of history is proof how stupid humans are. Capitalism is nothing more than the trade of goods and services for money. Anything else, the banking system, the individuals who manage to sneak their wat in to power, corruption, is all unrelated to capitalism but to the people and how they manage their financial system. Capitalism has nothin at all to do with actual management, that is down to the humans alone. Marx managed to subvert the world to his nonsense and became popular among the people who did not have real world skills, unqualified masses. From "Enlighted" university students who were addicted to free living off of others as they still do today to unskilled people who were just pieces of a machine but guess what? They are in that position as instead of learning new skills they want the easy way in life of doing the same thing over and over and so that is what they get as a result. How the world treats you and how your life is all comes down to how hard you work to make yourself better! Karl Marx did not do any of this. You are better than Karl Marx if you make your life better by your own 2 hands. Marx just wanted free stuff because he was a loser and a lazy bum who instead of learning new skills wanted others to do the work for him!
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  5607. ​@gormenfreeman499 No, deflation is incredibly dangerous as people begin to expect lower prices they begin to slow down spending which leads to companies cutting back and manpower is the first to get cut, then investments and the GDP begins to shrink leading to debts being unable to be paid off and so a liquidity crisis can begin, banks fall, faith and trust falls it is very dangerous. Since debt is so important to the economy deflation is more dangerous than inflation. To stop inflation you just have to raise rates, slow down buying and spending until the economy is balanced again which is pretty simple task, even if the economy falls as you reduce inflation it usually bounces back once inflation is dead, people begin to have trust and faith and things rebound again. Deflation however can be a long term trap not just a short run on inflation, Japan has suffered stagnation and very slight deflation but over 25-30 years that is more than a generation!!! The US great Depression lead to 6 long and painful years for VERY steep deflation that the US Government and FED were unable to stop and had to go begging of Mr JP Morgan to save the banking sector. Thankfully today we have FDIC but even in 2023 when First Republic Bank fell it was JP Morgan that bought them just like the good old days. Funny how things don't change. But anyway, Deflation is far far worse than inflation as we cannot control Deflation and it can destroy the banking sector as debts become unable to be paid off while Inflation actually makes it easier to pay off debts.
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  5706. @ The problem is that Americans got used to easy life - working office work, retail, services, finance, tech, Government, and someone like Trump thinks that he can adjust this, that he can move money from Tech and Finance in to manufacturing and industry but will Americans who got used to easy life be willing to work hard for many hours in physical work for low pay? No of course not, they will simply find a way to retire early and stop working so you will have an industry with no workers and millions and millions of Americans who retire early in life by finding a way to live cheaply after only working a few years or odd jobs - that is like the economy of Argentina, it became advanced but then broke apart as it tried to maintain local industry and never recovered - You now have someone like Javier Milei who you think is going to fix Argentina but there is no way to fix it, you can cut down on spending and fix inflation but Argentina is broken in it's society and you cannot remove and replace the population so Javier Milei will make numbers look good on paper but then lapse back in to chaos in a few yeasr again. There is no way out. American have become used to easy life - where they can at least afford to buy most goods they want but that will come to an end as the Dollar value is erased and making goods in the USA is wildly expensive as people will refuse to work in those jobs. So it will be Argentina 2.0 Mark my words, check back this comment in 10 years and tell me I was right or wrong.
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  5949. Stability comes with growth. You cannot have stability if the economy is shrinking. When economy slows people fight over what is left that is not how you make stability. China created a housing boom and infrastructure boom to keep growth going but this is no longer possible, however China can and will find new paths to growth but it will take some time. You cannot shift and change the economy over night this is a process. China however is at a cross roads, if industry advances more and it will, wages in China will have to go up, as wages go up China will lose the low cost goods manufacturing which will leave many people at the lowest skill level in trouble. This there is no escape from. The USA and Europe has the same situation in the 1970s-80s and Japan, Hong Kong and Korea in the 1990s-2000s. Now it is China's turn. How will this play out? I have no idea. China can try and keep the current situation going for some time but it will become harder, eventually China will become a Developed economy and wages will have to rise, leading to a loss of industry and manufacturing to other countries that can make it for cheaper. The real question is if China will let a country like India take manufacturing and industry in a normal transition or if China will put up a fight. The USA and Europe did try to fight the transition but after inflation wave in 1970s-1980s they stopped fighting it. Japan was fighting it in 1990s and is still fighting it today and so the economy has become stuck in the past. China has to be careful, if it follows Japan it could also get stuck. That is the risk.
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  6041.  @indycharlie  We have a problem the OIL we are using in the 1990s-2000s came from Saudi Arabia which was involved in the 9 11 attacks they are run by hard line religious zealots who hate us, so it is very dangerous that we became dependent on them for oil. But in 2014 we found Fracking as a major new oil source and we were able to not only stop buying from the Saudi's but also overthrow them as the #1 oil producer in the world and today we export oil to the world as we have enough for local demand AND for export. But there is a problem! Fracking will only last another 20-30 years and after that we will be in a pickle. We will have left the Saudi's to switch to exporting to China so they have no need for selling oil to us again. And our only other hope is to find NEW sources of oil in the next 20 years or we have BIG problems with huge spike in price of oil to levels we have never seen before and major shortages of oil. One way out of this trap is to just end the oil mess and switch to EVs we also make our cities cleaner with less pollution we all breathe in so can fight against diseases like Asthma which is like 8% of the American people suffer from this, why not solve that? Why not make us future proof independent from Oil exporting dictator run sh!tholes? We can go and send our military to invade Venezuela and take over their oil industry but is that what we want to do, appear for the world like some empire that cannot move on from oil to a new source of power for our cars? Invading other countries because we refuse to move on to EVs? I say let's do it, clean air, dump the oil addiction, become more independent of the oil prices. We must build more Nuclear power stations though, that is the future, China and Russia re both building large numbers of brand new nuclear power plants so why are we so slow and behind? We only have 1 nuclear power plant being built right now in the country which is pathetic. We should be building 20.
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  6045. Very important to understand that Socialism is a platform rather than one clear ideology. For example Adolf Hitler saw himself and his party as Socialists as Nationalist-Socialists or in today's wording as Socialism with German racial Characteristics, and so instead of order of society by economic-social standing as workers, farmers, land owners and so on, Hitler instead saw Socialist order by race, pure white Aryans as the top of society and different cultures or mixes of race below them until the bottom as people who do not have a home country or homeland which at the time were the Jewish people who of course did establish a country not long after the end of WW2 which just goes to show had stupid Socialism is. Is Socialism with Chinese characteristics any different? No. It is still using the same old structure of Socialism with China's own view of order of society by connections, power and influence which is why when the Chinese Communist Party see someone become popular in China and famous that is not inside the Socialist ranks they take forceful action because they are playing outside of the game, famous people who are now in prison or dead or rotting away in Qincheng or Tilanqiao Prisons people like Jack Ma, Edison Chen, Kris Wu, Gao Xiaosong and so so so many other good and talented and gifted people just because they became famous and gained influence which is in competition with the Chinese Socialist order. This goes to show how stupid and old and bad Socialism is, it is an old broken system from an old world and China is stuck to it until it can break free.
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  6163. The USA could have become an Empire after WW2 with maintaining control of all the territories it occupied but being a victim of Empires for 200+ years forcing the USA to isolate as the British Empire created tailored trade links it dominated to assure it had superiority over the globe. The USA was a victim of Empires and so the idea of self determination was set center stage slowly after WW1 by Woodrow Wilson. As a result, the USA Department of Treasury set the British up for failure after WW2, making sure most USA assistance was in the form of debt the British had to pay back. Requiring the British sign agreements to end the exclusive Empire trade deals and routes and finally open the door to Globalization where the entire world was free to trade as it desired. The USA destroyed the Japanese Empire, the British Empire, the German Empire twice, the Spanish Empire sort-of-ish, The French Empire ideologically with the Fresh Revolution sourcing from the American. And the end of the USSR even though that was mostly the handy work of bad leadership in Russia and of course also China joining the Globalized economy that really took the air out of the USSR but the USA ran the torch to the finish line and crossed it like a boss so no doubt played a major role at the least forcing USSR to spend it's resources on military rather than it's economy that fell way behind. The USA however has resorted to regime change and soft power instead but some have turned in to total failures like Iran and Cuba to name a few so the US A really does not have the DNA for being an empire to say the least. The USA now only will assist where it can do so easily like in Libya but was unable or unwilling to do so in Syria and that resulted to huge civil war for over 10 years and major loss of life compare the civil war outcome of Libya and Syria and it is night and day. Libya 30,000 dead according to UN, Syria some 620,000 according to UN. That is a difference of the USA getting involved on the correct side.
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  6187.  @vatsmith8759  Large countries tend to have major issues due to either size of population or land area to cover, China, Indonesia, Malaysia, India all have a mixture of mostly for profit like in the USA but also some government involvement like government run facilities in some key cities in China and Malaysia but most care is done by private for profit medical clinics and doctors. Russia and Brazil both have universal care but due to quality and government spending limitations many use private for profit facilities instead. The Biden's plan is to copy the system from Indonesia where the government offers their own insurance plans and provides discounts or subsidies when needed. The current plan that Obama created is using private insurance companies to be the middle man which has lead to very high prices. Obama also placed a fine on anyone without healthcare so many got stuck, expensive healthcare or expensive fine for not having healthcare. Trump cancelled the fine and Biden said he will not return the fine but millions are still without any insurance. Another issue is that care facilities in the USA are not allowed to decline a person if they cannot pay so a lot of service is given without any payment which raises the price for everyone else. The USA cannot switch to universal care as the system is around 20% of the GDP which far too large to nationalize without triggering major financial chaos. A government cannot nationalize 20% of the economy it is as simple as that.
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  6190. He is looking at Trump as if he has a grand game strategy but I think that is incorrect - Trump is a man that operates by the seat of his pants, things happen because he is swayed one way or another by others or his own older convictions from the past. Trump is a creation of people around him and his MAGA base - that need Trump and use him for their ends. Trump is a vassal for other to use to get in to positions, power and influence they desire. The one major force behind Trump is the tens of millions of Americans who's family heritage is one of working in industry making high income with low skills, manual work - that works ended due to globalization - which is not a human creation it is the world coming out of the both WW2 and the Cold war in to a new world where over 1 billion Chinese people are opened up to the world and want to work hard and are willing to make goods for much cheaper than an American costs to do the same. So tens of millions of Americas are chasing after a GHOST - a view that America can get back to manufacturing again as it did in the 1950s-1900s but that ship has sailed, Americans are getting older, Americans are used to easy life, Americans demand high pay, even in low end factory in Georgia and Mississippi the wage is around $15 per hour, while in a pretty middle of the road country like Poland, Romania the wage is around $5 per hour in Taiwan, Vietnam, China also $5 per hour, In Mexico even cheaper $4 per hour, and India --- well who knows, $3? $2? How can the USA ever compete with that? It's a dead end road that will simply move investment money from what the USA is good at like Tech and Finance in to dead end manufacturing that has no export market and requires costly tariffs to maintain. It is a dead end path The people that got Trump in to office are living in dream - they desire a world that is impossible financially to create. Only at great harm to the American Economy and future. The American working class is like a sad story of Don Quixote They are chasing down a pipe dream and will cause major damage to the USA economy trying to Achieve this through Trump and future people similar to him like JD Vance or Lutnik and others.
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  6218. EX Soviet Union member nations lost their religion what they have today is more of superstition with a little bit of spiritual element, it's not really Christianity they know very very little about Christianity. You will see people in Russia, Ukraine and other Ex Soviet block have Christian symbols in their car, home, on their body but in reality it is not religion but superstition or only the spiritual aspect, that it will protect them, give them strength, courage and other features but it is not religion but instead superstition or Spiritual. They do not learn or read the bible, they do not take part in actual Church services or any knowledge or study. The only Orthodox country that still actually has a large real participation in the religion itself is Greece of course where it is part of culture and community and a large percent of society actually takes part in the religion and not out of superstition. Western Europe lost Christianity but not by force like the Ex Soviet Block and has less superstition but that has also appeared and plays a part, however mostly this is the outcome of Secular enlightenment but has caused a collapse of Community aspects of western Culture, only in the Americas will you find both real large participation in Christianity as a religion and very low superstition with very large knowledge and deep relationship with Christianity on all aspects from community, knowledge, study, and taking part in Sunday Church services that has a large community and cultural part of life. What is interesting is how true Christianity has remained very large part of the population in Communist American countries like Cuba and Venezuela
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  6265.  @lukecarroll9823  The USA without Chinese goods entering will explode in prices and that will automatically trigger re-industrialization as the population in the USA which has millions of people not part of the workforce suddenly have work to do again we are talking 30+ million Americans the US work force participation is 62% the missing 38% will finally get their lost industry back. In fact a collapse of trade between China and the USA may be the best economical driving force the USA has seen in 90 years. Without global cheap competition the USA will wake up from its sleep. Millions of Americans have been waiting for this day a long time. China would be waking up a monster + the population in Canada and Mexico will also jump in as well so maybe as many as 50-60 million people as well as people who change form Technology and Services to industry so as many as 100 million people in North America will wake up from sleep. That is not small numbers. It will make the population in North America poorer overall but inflation is pretty hidden, people don't feel it so will just accept it like they did in the last 3 years. China on the other hand will have hundreds of millions of people who were taken out of poverty by the west buying their goods, will be sent back in to poverty, that will not go well. There will be revolts inside China there is no doubt about it. Many will be part of war industry but it won't be enough to displace lost trade with the west and due to risk of extreme deflation inside China the authorities will struggle to offer enough industry opportunities to the population. The west will come out on top very easily, so doing this move by China is incredibly foolish, it can only lose so I wonder if Xi Jinping is a very foolish man but the west would gain back its lost industry which is pretty amazing outcome after sacrificing it for China's rise.
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  6393. That would have been man made objects, see, during the day the sun is much brighter up in space making the reflection off of man made objects, seems like an orb or cylinder then the light is refracted like through glass by the humidity in our sky causing all kinds of strange objects, sizes, shapes and they could be pulsating, shimmying, dancing yet it is just the nature of our planet and the junk we have sent up in to space. At night we also see another oddity which is stars (distant suns) do strange things as the humidity in our sky will make them dance and color change, pluses but it is just refracted light of distant stars (suns). One thing to note is that alien life would probably do what we have been doing which is blast the universe with trash, radio signals, TV signals, Satellite broadcasts of endless radio frequencies of electronic interference and yet we are listening to the skies have have found nothing. I am positive intelligent life is out there but they most probably are stuck in their solar system just as we are which is why finally last year in 2020 the first of its kind Satellite was lunched that will watch the skies for light or laser beams sent at us form intelligent source, so they will be looking for light sent at us that has an unnatural repeating pattern to it. This most likely is the only way to communicate with aliens. This is probably the final chapter and if we come back empty handed it would just mean that life out there is just too far away from us. But no, I don't think aliens have visited earth but they are probably out there just a bit stranded, just like we are.
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  6493. ​ @jonathand.t.5051  It's not just America there is a wave of extremism in Europe, Brazil, India, Russia as well - Italy, Germany, France, Hungary are moving in that direction too. Soon Canada might do the same. Why? The right was culturally suppressed after WW2 and has always had to keep checks and balances after what happened in Germany and Japan with the right wing going absolutely crazy in wanting world domination and had a global effort to stop it. That calm on the right for 80 years is now wearing thin and so we as normal people need to once more put hard work to maintain power away from extremists. While I think Trump is a bad man I do not think he is as extreme as he makes himself out - but he is creating the next generation of real dangerous people who now have a hero and aspirations for power. You can see that play out by Musk. Right wing extremists in the USA were always around but they were ostracized from society after the 1960s when the anti-war movement took center stage in American culture and ideas and became the mainstream, that put an end to extreme right from 1960s to 2020s. Amazing amazing thing. Now however, that is over and so we have to do it all over again. American will get involved in global affairs - the American people will go out and protest against and set American back on it's path. One major twist in the story is that Trump himself is a product of the 1960s and he has a hate for war - in his last 4 years and after under Biden - the Trump anti war mentality is at play and influenced Biden's administration, avoiding conflict except for helping Ukraine indirectly. And only going after the Houthi after they attacked our allies - but not doing so while they were going after shipping. So Biden was stuck on Trump's anti-war ideology. The conflict inside Trump's mind about being an anti-war 1960s child to his modern day extreme right ideas are a very strange clash. But the real problem will be who runs for office after Trump's term and that could be someone much younger who is not bound by the 1960s anti-war movement and that is where danger really gets going.
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  6508.  @frankmcgovern5445  1. The Idea of owning a weapon in the USA Is ideological and fundamental it is the idea of freedom of the individual over the collective, over the government no matter the cost. The Private over the Public. This is fundamental to the USA and what has created the western world we have today was started by the American experiment which generated a wave that influenced the much of the world. 2. World power and world order is always impacted by large events and a growing aggressive totalitarian wave from China could reverse the world back as it did in the past. In the 1950s during the cold war the influence of the powerful Soviet union which was more advanced than the USA swapped many nations against the will of their people, from Europe to Asia to Africa and S America. A powerful China that re-asserts itself on the world stage has to power to ignite a new wave of world order changing events, nations near China may switch sides to become allies of China and to do so would be required to remove Democracy and freedom, from Indonesia, to India, from Korea to Japan. Some countries may choose to agree and other may be forced to agree but one thing is for certain, even if most world nations switch world order to totalitarian powers and the removal of democracy and freedom, the USA will not fall and part of that backbone is gun ownership to forever keep government under the power of the people. This is why the USA IS 100% the backbone of the western world because countries can and will fall as they have in the past but a few will not and the USA is and has to be the final wall to preserve humanity and our way of life.
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  6509.  @rethguals  It is very easy in today's world order to be blinded by our stability yet one thing is for certain the world order will be changing as China has the power to create a global wave of changes to create alliances that China will require the removal of freedom and Democracy and western values to join it's side. As nations in Asia fall one after the other, the question will be what Australia will choose to do? Will Australia hold out against isolation, trade embargo, financial destruction for the western ideas of freedom of the individual and Democracy? Or will the Australian government or people fall victim to the burden of financial hardship and isolation from Asia? This is a question that cannot and will not be asked in the USA as the structural, ideological and practical reality will prevent the USA from falling to a new world order under Chinese (or anyone else's) power and part of that structure is gun ownership. This is not about self defense, this is about being the final backbone for the western world and for the American people, in a world where a new world dominating power is betraying humanity, removing freedom and Democracy for totalitarian dominance, the USA will not fall, if for any other reason than by the gun pointing at the American seat of power by it's own people. No other nation has this power in the hands of it's own people and this is fundamental to the current world order. The gun in the hands of the leadership of China and Russia which can ignite a wave of a drastic change to world order is equalized by the gun in the hands of the American people making sure it's Government fights against that no matter the cost.
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  6551.  @terrymcmaster2787  Yeah Trump printed 3 trillion for COVID and Biden another 4-5 trillion so they both spent like the money grows on trees which is does but that just leads to inflation of course. The only real limit of debt for a country is not some made up number as Japan has 250% debt to GDP and the sky is not falling but at some point you make more and more inflation and that really is the limit - it is inflation. In the USA we import from all over the world goods and so when we go and pay for those goods that money, the Dollar are exported out of the USA and so that leads to lower inflation as we now have less Dollars inside of our country this is really amazing and why have a trade deficit is not a bad thing overall - as it means we get to buy other countries hard work, making stuff for Green paper money which we can produce endless amounts of that for free or almost free. But Trump is trying to turn that around - so that we move industry back to the USA but that also means we will face a Reconning of inflation as it will not longer leave the country as it used to, and will become stuck here like in the 1970s-80s and that's not very good. It means income levels might actually fall while the cost of goods explodes. Imagine needing to buy a new washing machine and finding out your income is $65,000 a year let's say but the washing Machine costs suddenly $10,000. So now you can't buy a washing machine and have to wash by hand. That slows down the economy = downturns like we had over and over slowdowns in the 1970s, rationing of resources, people went without goods.
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  6589. Conspiracies come from the world of anger and jealousy. Millions of people died becasue of the Protocols of the elders, a violent anti Jewish material created by a guy who had a chip on his shoulder a man named Pavel Krushevan. He was a media owner/publisher in St Petersburg Russia and had a member of his family, his Sister fall in love with a Jewish man and the family became ANGRAY that's the root trigger, it was anger that a man of another faith entered his family. Pavel used his newspaper to publish attacks on the Jewish man and his family and from there went down the path of hate against all Jews, not too long later he published the Protocols of the elder BS in his newspaper which he probably created himself, the ink was written in hate and anger of a personal situation that he blamed on all Jews. The sad part is that this creation leads us right to 1930 Germany and the Holocaust, and yet today, 2024 people like David Icke and so many others still spreading the same anger and hate sourced at one very Angary Russia dude over personal issues. Anger and hate of one man became justification for the death of millions and yet people still today are using the same BS material? How dangerous an idea can be to mankind is right on display in these events like no other in human history by can be found all over the globe, the Syrian civil war and all sectarian hate and violence tends to have tons of anger due to personal interactions between individual people that become a conspiracy of hate and anger. The worst trait of humanity.
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  6597. The USA always marches 2 steps forward 1 step back, it's the normal process but don't get it wrong the US influence is only getting stronger on the world. Look at how Putin has to react to American influence impacting the Russian people by having to take action aggressively, Russian nationalists have fallen in love with Trump and see Putin as their leader and want him gone so they can put a nationalist to lead Russia. So Putin releases the naked photos of Trump's wide, very funny. So Putin has to react playing up as if he is one of them, copying American right wing desires and policies that even in the USA they will never be applied like banning LGBTQ in public spaces, that will never happen in the USA as even MAGA is supportive of that but Putin freaks out and acts even more aggressively to keep his people calm. Putin is not acting right wing becasue he is trying to manipulate the USA but to control his own people who have become victims of American influence. Russia is dragged behind the USA and Putin is running around with his hair on fire trying to put out the fires that the American influence is causing in Russia. You got to love it!!!!!! There is also the issue of Europeans in general becoming more right wing due to immigration, change in culture, and so it is not just Russian but a European change and maybe that is just everyone being dragged behind the USA but Europe does have legitimate issues that I can see how lead to rise on the right, for better or worse. Russia is just following everyone else then.
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  6658. What a total nonsense video. #1 Any country that uses a nuke risks exposing how weak nuclear weapons really are which could destroy their nuclear deterrence so you will not see Russia just go out and use one as not using one is more powerful by far than actually using one. #2 A modern Nuclear war heads have a number of nukes but each is pretty small and can only deal around 1km of serious damage and another 2-3km of various levels of lesser damage. The famous Russian Tsar bomb required many months of work trucking in pieces and building it on the spot, it was huge and was an experiment not a weapon. #3 The human body is actually very good at dealing with radiation, it takes a lot to do damage as by nature we are all exposed to radiation 24/7 from the earth and from space and yet we live a full life without radiation effects, humans are able to deal with it. This is why a nuclear blast is already safe to access within 24-48 hours for the general public but for Military in a war zone basically within minutes, once the blast and fallout is clear. #4 The death toll of nuclear weapons used against Japan were so high due to very high density of population and due to living in wooden structures in high density, a very particular urban set up in Japan of the time, a modern city is much less exposed and has fewer people per KM by far. When used against an open battlefield, a nuke is especially limited in it's potential which risks any country that uses one in exposing that nukes are not as powerful is people think
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