Miscellaneous News

supercat

Colonel
Emulation of a story told by 鲁迅 (Lu Xun):

Trump: we had talk with China.
China: that's a lie.
Everyone to Turmp: Who did you talk to? What was talked about?
Trump: I won't tell you.
Me speculating: China said "fuck off".

Background:
The story was attributed to Lu Xun by Author 唐弢 (Tang Tao) in the later's essay "琐忆“ in the 1930s. It was to discribe ROK/KMT's rediculous attitude and actions after Japan's invation. Less than 100 years later we are seeing the "only superpower" getting itself to this miserable place, and worst of all it jumped into this hole voluntarily.
Trump: yes, we are talking. But we are talking about different things (and we are talking past each other).


There's a part mentioned in here where Anthropic points out that DeepSeek admits how US export controls hindered China's AI progress to which why they want the US to even more stringent on export controls. That's a weird quirk of the Chinese that annoys me. Why admit it when you're only telling the enemy your weak points for them to take advantage? This goes again with what I've before mentioned where Huawei founder Ren Zhengfei said publicly how Western sanctions were hurting his company so they should stop. What was the point? Play victim thinking then they have to then relent because some unknown omnipotent force makes them? Or is being honest with your enemy admitting your weaknesses allays their fears of you? Which points to another thing about Chinese is they're too into ritualistic thinking. They think if they do this or do that then they're suppose to get this. Life doesn't work that way especially from someone who wants to destroy you just for existing spoiling how they think the world works. Now Huawei is making more money than ever before without Westerners as customers. What was the point again? Is this the kumbaya nonsense where you have to think about everyone and admit your own faults to show how human you you are to your enemies? You want to believe in Dr. Jekyll but ignore Mr. Hyde.
I think DeepSeek and Huawei's actions are louder than their words. The very existence of DeepSeek and the rebirth of Huawei demonstrate unequivocally the futility of US regime's chips restrictions.

Well, Japan better knows which side of their bread is buttered.
 

Franklin

Captain
This is not just a problem for Taiwan but a issue for the entire world as the USD weakens people are losing money on their USD denominated investments. So there is pressure to sell those asset which lead to further weakening of the USD which leads to more selling. It becomes a vicious cycle. The weakening of the USD is making investing in US assets less attractive for foreigners just as the US need to roll over 7 trillion dollars of debt this year. Its not going to be pretty. The USD is weakening because of the massive amount of debt that the US is carrying but also because of Trumps policies. The US cannot afford to raise interest rate as that would collapse the asset bubble's and make the big debts unpayable.

So America is stuck because the economy is under pressure from two opposing forces and there is no solution for it. You try to solve one problem you will exacerbate the other. America will either end up with a massive deflationary collapse or hyperinflation you can pick your poison.
 
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