On the Nature of Things | Forum

Typhoon wrote:.

YMix wrote:.

Typhoon wrote:.

ATimes - Spengler | Western contempt for China turns to panic

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Spengman sounds like Pepe Escobar.

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Quite.

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noddy wrote:.

so no facts - just dick waving and prejudices.

in reality - the main chip design firm is an english one (ARM) which is owned and operated by a japanese tv production house, the biggest and most modern fab house is in south korea and is run by samsung and the biggest producer for the microcontrollers that are used in everything now is a dutch company called NXP, which bought out their main competitor from the US (freescale) but recently got bought out by the american competitor to samsung (Qualcomm)

the modern electronic world is massively globalised and runs margins so low that intel didnt even bother participating in many of the markets because they dont see any profit in it.

it also only employs a relative tiny handful of engineers and mostly relies on borderline slave labour for assembly - it barely benefits the average joe in the country its happening, these companies are all globalised and dont pay taxes.

as for the skills required to design things - thats also been opened up and you can buy CPU designing kits with all the software for less than $100 US.

any child on the planet can participate in this, to babble on about america vs china or boast that iran will learn it soon is absurd - kids in the russian tundra or african wilderness do this stuff.

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noddy wrote:.

so no facts - just dick waving and prejudices.

in reality - the main chip design firm is an english one (ARM) which is owned and operated by a japanese tv production house, the biggest and most modern fab house is in south korea and is run by samsung and the biggest producer for the microcontrollers that are used in everything now is a dutch company called NXP, which bought out their main competitor from the US (freescale) but recently got bought out by the american competitor to samsung (Qualcomm)

the modern electronic world is massively globalised and runs margins so low that intel didnt even bother participating in many of the markets because they dont see any profit in it.

it also only employs a relative tiny handful of engineers and mostly relies on borderline slave labour for assembly - it barely benefits the average joe in the country its happening, these companies are all globalised and dont pay taxes.

as for the skills required to design things - thats also been opened up and you can buy CPU designing kits with all the software for less than $100 US.

any child on the planet can participate in this, to babble on about america vs china or boast that iran will learn it soon is absurd - kids in the russian tundra or african wilderness do this stuff.

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Heracleum Persicum wrote:

noddy wrote:.

so no facts - just dick waving and prejudices.

in reality - the main chip design firm is an english one (ARM) which is owned and operated by a japanese tv production house, the biggest and most modern fab house is in south korea and is run by samsung and the biggest producer for the microcontrollers that are used in everything now is a dutch company called NXP, which bought out their main competitor from the US (freescale) but recently got bought out by the american competitor to samsung (Qualcomm)

the modern electronic world is massively globalised and runs margins so low that intel didnt even bother participating in many of the markets because they dont see any profit in it.

it also only employs a relative tiny handful of engineers and mostly relies on borderline slave labour for assembly - it barely benefits the average joe in the country its happening, these companies are all globalised and dont pay taxes.

as for the skills required to design things - thats also been opened up and you can buy CPU designing kits with all the software for less than $100 US.

any child on the planet can participate in this, to babble on about america vs china or boast that iran will learn it soon is absurd - kids in the russian tundra or african wilderness do this stuff.

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You right, noddy


Trump blocking Lattice sale to Chinese silly

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noddy wrote:so no facts - just dick waving and prejudices.

in reality - the main chip design firm is an english one (ARM) which is owned and operated by a japanese tv production house, the biggest and most modern fab house is in south korea and is run by samsung and the biggest producer for the microcontrollers that are used in everything now is a dutch company called NXP, which bought out their main competitor from the US (freescale) but recently got bought out by the american competitor to samsung (Qualcomm)

the modern electronic world is massively globalised and runs margins so low that intel didnt even bother participating in many of the markets because they dont see any profit in it.

it also only employs a relative tiny handful of engineers and mostly relies on borderline slave labour for assembly - it barely benefits the average joe in the country its happening, these companies are all globalised and dont pay taxes.

as for the skills required to design things - thats also been opened up and you can buy CPU designing kits with all the software for less than $100 US.

any child on the planet can participate in this, to babble on about america vs china or boast that iran will learn it soon is absurd - kids in the russian tundra or african wilderness do this stuff.

Heracleum Persicum wrote:.


China has grand ambitions to dethrone the dollar
It may make a powerful move this year


Am sure this also the plan of Trump administration .. fallin Dollar would make US goods more competitive

And

Who will be the biggest loser of Dollar collapse ? .. Not the asset holder (Americans) , but Dollar holders (China, Arabs, foreigners)

America bought all those assets with high dollars, now those dollars lose value, become Turkish LIRA

Am sure that's Trump plan

American Joe would not feel it, as he no driving Mercedes or Audi.

Short Dollar, Long Euro could be trade of the decade.

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The implications are obvious, even if most economists have been surprisingly reluctant to acknowledge them. Anyone who believes there has been a significant amount of wasted investment in China must accept that reported GDP growth overstates the real increase in wealth by the failure to recognise the associated bad debt. Were it correctly written down, by some estimates GDP growth would fall below 3 per cent.

Historical precedents suggest the potential magnitude of this overstatement. Japan’s economy in the 1980s, for example, had distortions that resemble those of China today. Although not nearly as extreme, Japan too suffered from a very low consumption share of GDP and an overreliance on investment that, by the 1980s, had veered into substantial misallocation.

In the early 1990s, Japan’s reported GDP comprised 17 per cent of the overall global total, and few doubted that its soaring economy would become the world’s largest by the end of the century. Instead, once credit growth stabilised, Japan’s share of global GDP began to plummet, and has since fallen by nearly 60 per cent.

Typhoon wrote:FT | China’s growth miracle has run out of steam

The implications are obvious, even if most economists have been surprisingly reluctant to acknowledge them. Anyone who believes there has been a significant amount of wasted investment in China must accept that reported GDP growth overstates the real increase in wealth by the failure to recognise the associated bad debt. Were it correctly written down, by some estimates GDP growth would fall below 3 per cent.

Historical precedents suggest the potential magnitude of this overstatement. Japan’s economy in the 1980s, for example, had distortions that resemble those of China today. Although not nearly as extreme, Japan too suffered from a very low consumption share of GDP and an overreliance on investment that, by the 1980s, had veered into substantial misallocation.

In the early 1990s, Japan’s reported GDP comprised 17 per cent of the overall global total, and few doubted that its soaring economy would become the world’s largest by the end of the century. Instead, once credit growth stabilised, Japan’s share of global GDP began to plummet, and has since fallen by nearly 60 per cent.

This time it is different . . .

BEIJING (Reuters) - China’s ruling Communist Party on Sunday set the stage for President Xi Jinping to stay in office indefinitely,
with a proposal to remove a constitutional clause limiting presidential service to just two terms in office.

Typhoon wrote:Reuters | China sets stage for Xi to stay in office indefinitely

BEIJING (Reuters) - China’s ruling Communist Party on Sunday set the stage for President Xi Jinping to stay in office indefinitely,
with a proposal to remove a constitutional clause limiting presidential service to just two terms in office.

Setting the stage for post demise turbulence.

noddy wrote:

Typhoon wrote:Reuters | China sets stage for Xi to stay in office indefinitely

BEIJING (Reuters) - China’s ruling Communist Party on Sunday set the stage for President Xi Jinping to stay in office indefinitely,
with a proposal to remove a constitutional clause limiting presidential service to just two terms in office.

Setting the stage for post demise turbulence.

Hopefully stability up until then.

noddy wrote: should see mostly over the lifespan hurdle - the next round of suckers can deal with the petulant little emperor that replaces him

Typhoon wrote:

noddy wrote:

Typhoon wrote:Reuters | China sets stage for Xi to stay in office indefinitely

BEIJING (Reuters) - China’s ruling Communist Party on Sunday set the stage for President Xi Jinping to stay in office indefinitely,
with a proposal to remove a constitutional clause limiting presidential service to just two terms in office.

Setting the stage for post demise turbulence.

Hopefully stability up until then.

Unlikely, if history is any guide.

Comrade Putin started out as an economic reformer and ended up a kleptocrat.
China has its own pathological example in Comrade Mao.

noddy wrote: should see mostly over the lifespan hurdle - the next round of suckers can deal with the petulant little emperor that replaces him

His demise will probably leave a vacuum with lots of opportunists attempting to fill his place. A period of great instability.

Nonc Hilaire wrote:Dictator for life is still a shorter reign than a perpetual deep state/media complex.

Nonc Hilaire wrote:Dictator for life is still a shorter reign than a perpetual deep state/media complex.

6.15 million Chinese citizens had been banned from taking flights for social misdeeds.

noddy wrote:

6.15 million Chinese citizens had been banned from taking flights for social misdeeds.

I seem to remember the system also punishes you for flying under the radar - its not just about avoiding negative points its also about acquiring positive points.

this is the worst dystopian outcome that is possible. horrifying.