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Post by Baron von Lotsov on May 3, 2023 21:15:59 GMT
Why, because you are too lazy to look.
Radio telescopes were invented by the Yanks in the 1930's - you are having a laugh if you think they are an example of Chinese technological progress..  You don't even know what you are talking about. |
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Post by Baron von Lotsov on May 3, 2023 21:34:53 GMT
More on Janet Lewin Biden called Hill leaders following Treasury Secretary Janet Yellen’s warning that the U.S. could default on its $31.4 trillion in debt in as little as 30 days. Yellen’s stunning forecast piles new pressure on Hill leaders and the White House to strike a bipartisan fiscal deal as cross-party talks remain deadlocked.www.politico.com/news/2023/05/01/u-s-could-breach-debt-limit-by-june-1-yellen-warns-00094731Now Biden does not have a majority on the House because he 'stole the election' IMO and this is where there may be payback. Now they might agree after some wrangling if he agrees to renege on some of his domestic spending pledges. Now back to the debt having the USD as the global reserve currency allows the debt build up though if the BRICS collectively work against this they may break this US debt machine. Of course the US might decide to buzz some of those nations with their F-35s at certain times to try and play ball. The US and its theatrics seems to get all the press, so we are brainwashed by its simpleton military thinking. Yellen is like the woman on the reception desk of the firm though.
Anyway, it is interesting what the Africans are thinking these days. This guy presenting here is sympathetic to China but it is an African channel and talking about African development. It's only a short clip, but it works well to identify in simple terms the difference between military thinking and Eastern thinking.
In another video which I would have to hunt for there is an example of where China's scientists supplied Africa with a kind of super crop which grows in the most arid conditions and can be used as a basis of feeding themselves, as per a food for livestock. It's a great example of where just sharing some information can save millions of lives from starvation, just with a few seeds and instruction on how to crop it. This is Chinese aid and it's a bit like what I was saying regarding patents. This would normally be protected under IP rights, but China's not into patent stuff so much. Sharing stuff is far more common in their society, especially wisdom. It gets the Africans busy doing it for themselves so they have a sense of achievement.
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Post by bancroft on May 4, 2023 9:59:55 GMT
I heard an African political pundit say the US makes threats while China builds roads, if that view is common the US needs to be careful.
I just did a quick look on the net about the USA GDP for 2022 and come up with $25.46tn yet their debt stated above is $31.4tn. Now that is unsustainable unless the dollar reserve status allows them to stay like this. So you see the risk of default if dollar usage falls globally and this might explain going into Iraq in 2003 because Saddam was threatening to price his oil in Euros.
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Post by Pacifico on May 4, 2023 10:52:44 GMT
I heard an African political pundit say the US makes threats while China builds roads, if that view is common the US needs to be careful. I just did a quick look on the net about the USA GDP for 2022 and come up with $25.46tn yet their debt stated above is $31.4tn. Now that is unsustainable unless the dollar reserve status allows them to stay like this. So you see the risk of default if dollar usage falls globally and this might explain going into Iraq in 2003 because Saddam was threatening to price his oil in Euros. US debt is about 135% of GDP - Japan is at 263% of GDP, has been for years and is still chugging along |
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Post by Baron von Lotsov on May 4, 2023 11:17:47 GMT
I heard an African political pundit say the US makes threats while China builds roads, if that view is common the US needs to be careful. I just did a quick look on the net about the USA GDP for 2022 and come up with $25.46tn yet their debt stated above is $31.4tn. Now that is unsustainable unless the dollar reserve status allows them to stay like this. So you see the risk of default if dollar usage falls globally and this might explain going into Iraq in 2003 because Saddam was threatening to price his oil in Euros. They have this theatre every year on this matter. In the end they will raise the debt ceiling as they always do, which is the ignoble act of kicking the can down the road to create a bigger problem in the future for no problem for the next election.
The dollar reserve status has been slipping away for many years. It is believed it will take many more years for it to lose it, but despite this, there is an inevitability about it. As they do lose it so borrowing costs will increase.
Anyhow that is unimportant now, because the real game is in control of markets. Right now Africa sees China as their way out of poverty, and going on previous performance in China tackling its own poverty, it is almost certain that Africa will rise in economic power. India is already on the verge of making it as an advanced economy. Right now the countries aligning themselves to BRICs is over half the world's population and higher combined GDP than the G7.
So knowing all of this, the problem for the US is their military thinking. They see a problem and as everyone does, they want to do something to fix their problem. The question is what to do. How they interpret this is that they are under attack. All i know for now is the propaganda wing of the US government (the mainstream media) is currently conditioning the public for military action over Taiwan. In my view this would be as insane as their Ukrainian project.
What they aught to do is go for free-market trade, and let their inefficient monopolists go bust. It sounds counter-intuitive, but this is what China did circa 1970s. Millions of factory jobs went to the wall as the subsidies were withdrawn and it was a case of every man for himself. The old state factories went bust, but then some magic happened. Because there were so many large factories shut, the cost of factory real estate was dirt cheap. The peasants scrapped together a few coins and bought themselves a tiny bit of factory and hobbled together some cheap industry. There would be firms for example making small motorbikes. They were shit, but they too were dirt cheap and affordable to the public. It was like everyone was broke but even in that condition they had a functioning market. The market gradually learnt how to do stuff better. China went from this in the 70s to the second largest economy in the world now. So what for the ones who started in the 70s? Well they are your billionaires now. The curse of being broke at the time was a blessing, because they found many novel ways of making something cheaply. Eventually these techniques wiped out Western industry, who at the time had it easy with captive markets.
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Post by besoeker3 on May 4, 2023 11:35:24 GMT
I heard an African political pundit say the US makes threats while China builds roads, if that view is common the US needs to be careful. I just did a quick look on the net about the USA GDP for 2022 and come up with $25.46tn yet their debt stated above is $31.4tn. Now that is unsustainable unless the dollar reserve status allows them to stay like this. So you see the risk of default if dollar usage falls globally and this might explain going into Iraq in 2003 because Saddam was threatening to price his oil in Euros. They have this theatre every year on this matter. In the end they will raise the debt ceiling as they always do, which is the ignoble act of kicking the can down the road to create a bigger problem in the future for no problem for the next election.
The dollar reserve status has been slipping away for many years. It is believed it will take many more years for it to lose it, but despite this, there is an inevitability about it. As they do lose it so borrowing costs will increase.
Anyhow that is unimportant now, because the real game is in control of markets. Right now Africa sees China as their way out of poverty, and going on previous performance in China tackling its own poverty, it is almost certain that Africa will rise in economic power. India is already on the verge of making it as an advanced economy. Right now the countries aligning themselves to BRICs is over half the world's population and higher combined GDP than the G7.
So knowing all of this, the problem for the US is their military thinking. They see a problem and as everyone does, they want to do something to fix their problem. The question is what to do. How they interpret this is that they are under attack. All i know for now is the propaganda wing of the US government (the mainstream media) is currently conditioning the public for military action over Taiwan. In my view this would be as insane as their Ukrainian project.
What they aught to do is go for free-market trade, and let their inefficient monopolists go bust. It sounds counter-intuitive, but this is what China did circa 1970s. Millions of factory jobs went to the wall as the subsidies were withdrawn and it was a case of every man for himself. The old state factories went bust, but then some magic happened. Because there were so many large factories shut, the cost of factory real estate was dirt cheap. The peasants scrapped together a few coins and bought themselves a tiny bit of factory and hobbled together some cheap industry. There would be firms for example making small motorbikes. They were shit, but they too were dirt cheap and affordable to the public. It was like everyone was broke but even in that condition they had a functioning market. The market gradually learnt how to do stuff better. China went from this in the 70s to the second largest economy in the world now. So what for the ones who started in the 70s? Well they are your billionaires now. The curse of being broke at the time was a blessing, because they found many novel ways of making something cheaply. Eventually these techniques wiped out Western industry, who at the time had it easy with captive markets.
After China's overall consumer price index moved up by only 2% for 2022, Chinese officials set another cap of 3% inflation for 2023. |
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Post by bancroft on May 4, 2023 11:48:04 GMT
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Post by piglet on May 4, 2023 13:37:56 GMT
Got a few bites there Baron. Your logic is like a tramp steamer, listing, holes below the water line, leaving oil slicks, coming face to face with a modern aircrast carrier. And asking for battle.
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Post by besoeker3 on May 4, 2023 14:10:51 GMT
Correct. However the optimal strategy is to wait for others to make the investment and then just copy it. This is the UK's strategy. Ask Uncle Sam for permission first.
That's just plain wrong. I, and others, have already given you examples. |
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Post by Baron von Lotsov on May 4, 2023 22:59:14 GMT
This is the UK's strategy. Ask Uncle Sam for permission first.
That's just plain wrong. I, and others, have already given you examples. Anything that is worth anything in terms of new technology that comes out of here is bought up by the yanks. About one of the very few technologies in recent years that has impressed me was the work of Demis Hassabis, but it was quickly exported. |
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Post by besoeker3 on May 5, 2023 9:56:08 GMT
That's just plain wrong. I, and others, have already given you examples. Anything that is worth anything in terms of new technology that comes out of here is bought up by the yanks. About one of the very few technologies in recent years that has impressed me was the work of Demis Hassabis, but it was quickly exported. USA is behind the times in many areas. For example the rest of the world uses SI units except Liberia, Myanmar, and USA. |
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Post by bancroft on May 5, 2023 10:47:03 GMT
This is from Kennedy and he is looking to run in the next election RFK told the audience that after the Soviet Union collapse in 1990, the US never activated its peace dividend which was expected to decrease defense spending from $6 billion to $2 billion as the US made more foreign enemies around the world while increasing its military budget to $8.8 billion. Citing the economy as a source of American strength, ‘not bullets and weapons’ and that while the US spent $8 Trillion in Iraq, China built bridges, ports and infrastructure as it is displacing the US as a trading partner. “While China is earning good will, the US spends $800 Billion on the military.” Having lost Saudi Arabia as “our number one ally in the Shia Crescent”, which has been a key foreign policy objective in the Mideast, RFK suggested that “US foreign policy has collapsed and is no longer a coherent strategy.”
With de-dollarization, lowered oil production, Iraq now a proxy state of Iran, the entire US strategy in the Middle East has disintegrated. RFK suggested we need to do something FAST and committed to “close 800 US overseas bases and bring American troops home immediately in order to make the US an exemplary democracy again” as the Democratic party has lost its identity.
Source : www.globalresearch.ca/us-foreign-policy-has-collapsed-rfk-jr-pledges-close-800-us-bases-bring-american-troops-home/5817951 |
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Post by Baron von Lotsov on May 5, 2023 11:19:11 GMT
Anything that is worth anything in terms of new technology that comes out of here is bought up by the yanks. About one of the very few technologies in recent years that has impressed me was the work of Demis Hassabis, but it was quickly exported. USA is behind the times in many areas. For example the rest of the world uses SI units except Liberia, Myanmar, and USA. You know chess fanatics are rewriting the books on chess now. You see when Demis Hassabis' machine started playing chess it found many excellent strategic moves that humans have til this day never spotted. I think he deserves a gold star myself, but it took him 15 years of studying all known research on the human brain to get to the front of the current technology and understanding. The US just prints the dollars and does an exchange. Meanwhile our country is the worst performing economy in the West. Just imagine if his machine could do that for chess, what might it do for say financial and business strategy. |
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Post by Tinculin on May 5, 2023 12:08:47 GMT
So China is inventing all this great stuff and then keeping it secret - why?. How does that benefit society?. Why, because you are too lazy to look.
Solar telescropes aren't new, they're old technology and there are several of them around the world, but I don't think any of them are going to be as powerful as the telescopes we put in space, because our atmosphere is always going to disrupt their use. That said, this is certainly a feat of engineering and something to be applauded but I'd hardly say it's the kind of innovation that is going to change our lives forever, ya know? Compare it to some very obvious inventions in recent years, such as Flat screen TV's, the Microwave, the Cellphone - things which have changed the majority of peoples life on the planet. China is not only not in the same ball park, it's not even in the same league when it comes to western inventions and innovation. Which is why the stereotype of a 'cheap chinese knock off' comes from - stereotypes exist for a reason, the Chinese long have a reputation for taking a western product, making a cheap copy that performs worse than the origonal. |
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Post by besoeker3 on May 5, 2023 12:17:30 GMT
USA is behind the times in many areas. For example the rest of the world uses SI units except Liberia, Myanmar, and USA. You know chess fanatics are rewriting the books on chess now. You see when Demis Hassabis' machine started playing chess it found many excellent strategic moves that humans have til this day never spotted. I think he deserves a gold star myself, but it took him 15 years of studying all known research on the human brain to get to the front of the current technology and understanding. The US just prints the dollars and does an exchange. Meanwhile our country is the worst performing economy in the West. Just imagine if his machine could do that for chess, what might it do for say financial and business strategy. Yes, he is British, not a Yank as you call them. So what's your point? |
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