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jiajia99

Junior Member
Registered Member
chgough34 said:
The Fed is literally tightening monetary policy, not “money printing”. Headlines present small problems in very dramatic fashion when in the end, they’ve been small problems that have broadly existed in many forms or another for decades (generally in bigger magnitude prior)

Yes: and the U.S. economy is hyper productive with all kinds of manufactured goods and services that people want to buy from bulk agricultural commodities to operating systems to database management systems to cloud computing systems to CPUs and GPUs and aircraft engines to higher education and hospital care and specialty chemicals and LNG and F-35s and medical devices and pharmaceutical drugs and biologic drugs and scanning electron microscopes and vaccines and large language models and teslas and so much more. US inflation is also at 2-3% on a y/y basis with rates at 5% and housing construction booming. Monetary policy and the Fed are quickly fading into their historic position as a sleepy corner of macroeconomics and finance
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Are you sure you are not describing Chinas economy when it comes to hyper productiveness?
Also money tightening is not going to make one bit of a difference when the USA is well over 34 trillion dollars worth of debt and the fact that well the current president literally adds 1 trillion dollars to the debt clock every 100 days from all of the warmongering that quite frankly doesn’t really benefit the USA in any tangible way except kill of its reputation with each now atrocity it funds with all that borrowed money and is in no state of mind to make the necessary hard choices to reverse the current downward spiral we have now that is set to get a whole lot worse
 
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Randomuser

Junior Member
Registered Member
_killuminati_ said:
I remember on skyscrapercity forum years ago when the Gulf Arab countries and Chinese cities were undergoing a skyscrapers boom, the Eurotards and Muricans were complaining these constructions have no character or culture while their own outdated skyscrapers were the real shit. "No matter how much you develop, we will always be better". The insecurity is real.
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This is the trend of westoids especially Europeans. Knowing by objective metrics they are no longer competitive in innovation or technology, they are reverting back to conservative backward looking metrics. So they put stuff like tradition, soul or whatever arbitrary crap.

Why don't they stop making cars and machines then? Go back to using horses and manual tools? Or is their tradition selective now? Their ancestors who they like boasting about would be spinning in their graves if they knew their descendants talked like this.

Reminds me of late Qing.
 
siegecrossbow

siegecrossbow

General
Staff member
Super Moderator
Randomuser said:
This is the trend of westoids especially Europeans. Knowing by objective metrics they are no longer competitive in innovation or technology, they are reverting back to conservative backward looking metrics. So they put stuff like tradition, soul or whatever arbitrary crap.

Why don't they stop making cars and machines then? Go back to using horses and manual tools? Or is their tradition selective now?

Reminds me of late Qing.
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Why not just go by step pron output. China will never get close in a thousand years.
 
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steemdrice

Just Hatched
Registered Member
GZDRefugee said:
I'm confused. Unless my historical knowledge is completely off, wasn't Mao the one who had China export ideology and arm Communist insurgents? I'm quite certain Deng was the one who put a stop to these things upon request by SEA.
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You're right - my point on Mao was that he found himself in a situation where the base and the superstructure did not reflect where he wanted the revolution to be.

As such he tried to change the superstructure in an attempt to force a change to the base (hence the cultural revolution and the attempt to export revolution). It is one of the primary ideological deviations of the Mao era and fundamentally did not work.

In large part this was owing to his impatience for communism to be constructed in a single generation - the main lesson we need to take from this is that while the base and the superstructure are interrelated, the base informs the superstructure, and not the other way around.

If you take a look at all of the PRC's moves on a global scale, you can see that the goal has been to fundamentally change the base.

On the other hand, the US's capability to affect the base becomes increasingly restricted, hence their focus on the superstructure.
 
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Chevalier

Senior Member
Registered Member
_killuminati_ said:
I remember on skyscrapercity forum years ago when the Gulf Arab countries and Chinese cities were undergoing a skyscrapers boom, the Eurotards and Muricans were complaining these constructions have no character or culture while their own outdated skyscrapers were the real shit. "No matter how much you develop, we will always be better". The insecurity is real.
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It's always some vague subjective BS these white westerners always use, when the real reason is because they feel inferior and the country that's building these new Wonders of the World is not white nor western.
Then and again, the art of the West these days tends to be twerking and money laundering, so there's no accounting for taste.

_killuminati_ said:
That kind of mindset is precisely what drives one into their doom. By convincing themselves that they'll always be the greatest, they actually lower their guard and let others surpass them to the point that they are no longer competitive. Then, instead of attempting to fix this core issue, they delude themselves with past glories to cope with the current stagnation and decline.

That's the bulk of Western civilization today. You can see it daily with the measures they take when facing off with issues, especially in tech, where they can no longer compete. It's a win-win situation for everybody not in the West. Wouldn't it then be favorable for the rest if this way of thinking continues, or.. is even skillfully instilled by foreign agents?

Reminds of a quote (maybe Sun Tzu?): pretend to be weak, and spur their pride.
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It's even worse than that because the guiding religion of the West is in actuality, White Supremacism and it is so pervasive that the instinct of your average westerner is to gang up on Asians living inside the West. Don't believe me? try defending yourself from a man attacking you in public and see how many westerners will try to stop you from defending yourself.
 
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chgough34

Junior Member
Registered Member
jiajia99 said:
Are you sure you are not describing Chinas economy when it comes to hyper productiveness?
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I’m describing the U.S. since China isn’t an exporter of “bulk agricultural commodities”, “LNG”, “F-35”s, or “GPUs” but it can be broadly generalizable
jiajia99 said:
Also money tightening is not going to make one bit of a difference when the USA is well over 34 trillion dollars worth of debt and the fact that well the current president literally adds 1 trillion dollars to the debt clock every 100 days from all of the warmongering that quite frankly doesn’t really benefit the USA in any tangible way
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No. It’s social security and Medicare. U.S. military spending as a share of gdp is at all time lows.
jiajia99 said:
except kill of its reputation
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With which countries? Which deals has the U.S. been unable to close?
 
K

_killuminati_

Junior Member
Registered Member
chgough34 said:
With which countries? Which deals has the U.S. been unable to close?
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Iran Nuclear Deal

Kabul puppet regime deal
coolgod said:
Can we stop engaging with chgough34 in this thread, let him post his delusional takes on the American Economics thread. Arguing with ChatGPT is a better use of time than this.
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Imagine pmc engaging with chgough34
220px-Ant_mill.gif
 
manqiangrexue

manqiangrexue

Brigadier
jiajia99 said:
Are you sure you are not describing Chinas economy when it comes to hyper productiveness?
Also money tightening is not going to make one bit of a difference when the USA is well over 34 trillion dollars worth of debt and the fact that well the current president literally adds 1 trillion dollars to the debt clock every 100 days from all of the warmongering that quite frankly doesn’t really benefit the USA in any tangible way except kill of its reputation with each now atrocity it funds with all that borrowed money and is in no state of mind to make the necessary hard choices to reverse the current downward spiral we have now that is set to get a whole lot worse
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He doesn't compare to China; he wants to talk about the US in a bubble. So @chgough34 comes up with terms like "booming," "super productive," "hyper-performance," "ultra-stupendous," etc... They're just fancy ways of saying ~2% growth LOL. Don't know what kinda words he'd have to make up if the US grew at Chinese speed.
supercalifragilisticexpialidocious-andrea-robertson.jpg
 
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chgough34

Junior Member
Registered Member
manqiangrexue said:
He doesn't compare to China; he wants to talk about the US in a bubble. So @chgough34 comes up with terms like "booming," "super productive," "hyper-performance," "ultra-stupendous," etc... They're just fancy ways of saying ~2% growth LOL. Don't know what kinda words he'd have to make up if the US grew at Chinese speed.
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Yes, china is quite well governed but China’s growth rates are for the most part - catch-up growth to the technological frontier and the U.S. is pushing the technological frontier. They aren’t directly comparable and all else equal outside of gdp per capita, China would grow faster than the U.S.
 
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