> I feel like on an economic basis, the dollar is at risk.
The dollar weakness is due to the faltering economy which in turn is caused by policies pushing erratic tariffs, monopolization and cartelization of the economy, malinvestment and market bubbles propped by banana-republic money printing.
> Even if he didn’t insult and threaten other countries,
That triggers anti-American sentiments abroad which provide public support for anti-American economic policies. The actions of the US administration are very consistent and in apparent pursuit of a single purpose - which has nothing to do with what the top elected officials think it is.
> Now, the pyramid has sort of been turned on its head,
It has, and the financial system enables that, the self-restraint that was promised at the time of gutting Glass-Steagall never materialized.
> But there are limits to this.
Yes and no.
Yes, because there are limits as there's a limit to the load placed on a ship, if you overload it with some cargo, something or somebody must be thrown overboard in order to preserve the ship.
No, because those who're responsible for loading and overloading the ship are the ones commanding and steering it. When they overload the ship they get to throw you overboard and keep your stuff too... there's nothing to compel them to stay within limits and everything to tempt them to do the opposite.
We've been already thrown overboard with regard to hardware purchases, that will spread to other areas with the BS AI excuse.
So many comments, other than yours, around here engage in deep thinking about the profits or losses of Captain Ahab... they miss the point entirely.
Salient point, regarding the 'no' bit. I agree completely. But since I was responding to a likely troll, there wasn't much point elaborating further.
Thanks for the added information :)
> Total disregard for common good, maximal selfishness.
Or lacking better alternatives for a decent life aggravated by having zero positive role models and a media/political culture whose only positive value is mo' money.
> I would say about 20% of people are like that.
That depends on region, language and the conditions described above. Placing a numeric value collectively on all of humanity conveys zero useful information.
> So we agree, including that there is a difference.
No, that's a distinction without a difference. I mean, it doesn't matter in the slightest if at some point in time certain powers weren't abused, if they're being abused now the situation cannot be tolerated.
Arguing about how it's possible not to abuse the system is a waste of time at best and a diversion at worst.
I'm not arguing that it's possible to not abuse the system. I've recognized abuses for quite some time, regardless of which political team has been in power. The point is that we need to avoid normalizing our current situation by pointing to previous abuses.
> you can't really spread out parts of a fab that way. > That leaves chips, and you can be sure that whoever gets the fabs,
"a fab" or "the fabs"? We are commenting on news about TSMC building fabs in 3 countries across 2 continents, multiple fabs in each - I counted 23 of them here [1].
Surely, the EU can commit to a few fabs and research labs in different countries, semis are equipment and labor intensive, there's work for more than the EU. There's no need to build all of them at once, a clear commitment will suffice.
> it would be good and bad simultaneously. There is no easy clear answer to that.
Clearly, a weasel take on the "two wrongs make a right" doctrine. According to that new take two wrongs can be good and bad simultaneously, there is no easy clear answer, so any additional wrongs mustn't be called "wrongs", they must be called "maybe-rights".
Interesting, previous comment downvoted with no explanation. A sitting president can depict a former president and his wife as apes, but comments on HN are held to a much higher standard.
Homework assignment:
What is going to happen if Nazi-like propaganda (for example) can use colorful language but its detractors are only allowed to voice polite disagreement? What would the result of that be?
> The members of the pedophile club are way richer, more influential and have a vastly greater quality of life than you.
Pedophile's "quality of life" is a contradiction in terms. Neither pedophilia nor lust for power are compatible with anything that looks like truth or happiness... and no amount of money can change that. Even more, money can't cure an ego problem.
Totally by accident, a few days ago the richest man in the world whined about the inability of money to deliver happiness... from the horse's mouth.
> How is this any diffent than when Democrats put finding into liberal NGOs and charities?
For one, I have to repeat yet again that wrong plus wrong doesn't equal right it equals twice as wrong. It's time to learn proper math already!
For another, what NGOs did the Dems fund? Do you have links so we can compare the causes supported by the Dems and the nationalism which is now being pushed inside and out.
All causes aren't the same, they can be very different as the current case shows.
Nationalism is a tool of destruction which works both domestically and internationally, those who know and think about history and some recent events understand that, it isn't new or a secret - that's why many European countries are spooked and they aren't mistaken.
The dollar weakness is due to the faltering economy which in turn is caused by policies pushing erratic tariffs, monopolization and cartelization of the economy, malinvestment and market bubbles propped by banana-republic money printing.
> Even if he didn’t insult and threaten other countries,
That triggers anti-American sentiments abroad which provide public support for anti-American economic policies. The actions of the US administration are very consistent and in apparent pursuit of a single purpose - which has nothing to do with what the top elected officials think it is.
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