Miscellaneous News

[GulfLander]

Is it like a "fire season" in Hongkong right now? Bcoz in douyin i saw a number of videos claiming "fire incidents" in HK like the one link below.. though smaller in intensity than the one before.

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[enroger]

So TLDR: China as the industrial Cthulhu is too powerful and coming for your industries? Sounds like a skill issue to me.

The pattern was already clear pre-COVID. I remember sometime after China wiped out other producers of tunnel boring machines and made that one crucible of ball point pen steel people domestically picked up the pattern and coined a name for this: 发达国家粉碎机 / Crusher of Advanced Economies. Basically if you were producing something with high mark up and selling to China there are two things you definitely don't want to happen:

1. Some Chinese industrialist looking at your product catalogue, suck air through their teeth and go "that's a bit expensive, isn't it?"
2. Some Chinese liberal start writing articles about how your products are crown jewel of Industrialisation and China is not capable of producing it and it ends up getting a lot of views

Because then it means the gaze of Crusher of Advanced Economies will be upon you and you may not be in business for much longer as China "cabbagrise" your sector. Particularly with point 2, often times it's not China's intention to crush an existing niche market, but libs want to use it to beat over Chinese people and there's always people who are going to step forward and prove them wrong.

This is exactly what happened with a company I worked for. Boss man looked at a piece of imported equipment and thought to himself "hmmm, this thing is not that complicated is it? Maybe I can try to build it myself"

5 years later they cornered 60% of global market on that category

 

[Cygnus]

Indians who flee India rather than installing toilets are not doing the hard yards, rather their culture which is built on exploitation, for what is getting yourself into a hiring position in a firm like Cisco or oracle and only hiring Indians to increase your Izzat, supposed to achieve?

I noticed every technology company who hires an Indian CEO is when enshittification occurs.
Every single time! Google, YouTube, Microsoft et al. It is a common pattern. Perfect example is Google search engine, at its infancy, the search algorithm was spot on. Now Google is nothing more than a search engine for the corporations and ads agencies. Enshittification and Dead Internet Theory began when Indian CEOs took over the tech companies.

 

[GZDRefugee]

So TLDR: China as the industrial Cthulhu is too powerful and coming for your industries? Sounds like a skill issue to me.

The pattern was already clear pre-COVID. I remember sometime after China wiped out other producers of tunnel boring machines and made that one crucible of ball point pen steel people domestically picked up the pattern and coined a name for this: 发达国家粉碎机 / Crusher of Advanced Economies. Basically if you were producing something with high mark up and selling to China there are two things you definitely don't want to happen:

1. Some Chinese industrialist looking at your product catalogue, suck air through their teeth and go "that's a bit expensive, isn't it?"
2. Some Chinese liberal start writing articles about how your products are crown jewel of Industrialisation and China is not capable of producing it and it ends up getting a lot of views

Because then it means the gaze of Crusher of Advanced Economies will be upon you and you may not be in business for much longer as China "cabbagrise" your sector. Particularly with point 2, often times it's not China's intention to crush an existing niche market, but libs want to use it to beat over Chinese people and there's always people who are going to step forward and prove them wrong.

Would anything happen if I started chanting "Iä! Iä! Cthulhu fhtagn!" when the stars are right?

 

[pmc]

https://twitter.com/i/web/status/1994200635881718094

I like how corruption has become so normalised in western politics that no one even bats an eye anymore.

This much older plan to connect Crimea with both road and train but what seem to change is the over performance of soft power and built it for higher standard of living to attract back people from Israel and West but still under soft power culture.
Yesterday Putin in press conference mention that Ukranian intelligence wanted to meet Russian intelligence official in UAE and US official drop unexpectedly. He presented this thing as if he did it because of UAE since UAE helped in releasing
so many Russian prisoners. The point was to highlight positive contribution of UAE. Just think how much UAE can invest in this area when Egypt received so much.

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Putin thanks bin Zayed and reveals the nature of contacts with Ukrainian intelligence in Abu Dhabi​

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Emirati businessman: My investments in Egypt amount to $35 billion... and I have my eye on "downtown"​

 

[horse]

India today is no longer the laughable nation it was ten or fifty years ago. It has broken free from the vicious cycle of chaos and internal strife typical of Third World countries.

I have no intention of praising India's policies and strategies, but since emerging from the pandemic, India has demonstrated remarkable growth in manufacturing, foreign investment, and domestic demand. It is evident that India has entered a virtuous cycle of demographic dividend, domestic demand growth, and inflow of foreign capital and manufacturing relocation. This resembles China's situation around the year 2000. However, given India's infrastructure and government efficiency, it is unlikely to achieve the same growth rates as China did during that period. Nevertheless, this development is sufficient to warrant China's vigilance. China's concern about manufacturing shifting to India rather than Vietnam or Europe is well-founded.

There is only two ways to respond to this post.

1) is no, and 2) is absolutely no.

Forget about what their industry looks like, there are two other issues that are debilitating. The rupee never rises it only falls for generations. Then they have 40% of the population working the land as subsistence farmers.

Then they have industry at rather low levels they are clearly behind in industrial capabilities. Their population is not that highly educated compared to other places. The court system is a tool for powerful people.

No company in this world goes to a country then gives up and leaves. That is GM and Ford going to India. That is crazy. And really, the story of GM and Ford is all we really need to know about India's prospects.

This is the same old story, the same old India since The Great Leap Forward in China.

It is stunning to consider how much one place has changed, and what has not happened in the other place. That is the best way to put it.

 

[enroger]

I hear Jai Hinds say that India will have a 6% annual growth rate for like 30-50 years straight.

I ask on what basis? Do you realize how mathematically difficult that is? Your base 10 years from now is way higher. Yet you are expected to still obtain the same level of growth.

Countries have different periods of growth.

It really depends on what kind of growth we're talking about, specifically in service/financial sectors or industrial sectors. A service based economy will never be a threat to industrial economy.

In industrial sector, the growing trend in automation has eliminated their comparative advantage in low cost labor, and with the Industrial Cthulu next door Indians are finding it very difficult to grow their industry.

I have heard Indian scholars proposing that India should skip industrialization and go straight for service economy. Honestly if India can pull it's people out of poverty by growing their service economy then I have nothing but good wishes for them. As I said, a service based economy will never be a threat to industrial economy.

So in practice I think China need to guard it's industry with extreme cautiousness, no more of that dumb fuckery like helping India to build state of the art steel mill (the man that approved the project should be put to the firing squad for treason). OTOH China can welcome India's growth in other sector, perhaps even invest in it.

 

[supersnoop]

So TLDR: China as the industrial Cthulhu is too powerful and coming for your industries? Sounds like a skill issue to me.

The pattern was already clear pre-COVID. I remember sometime after China wiped out other producers of tunnel boring machines and made that one crucible of ball point pen steel people domestically picked up the pattern and coined a name for this: 发达国家粉碎机 / Crusher of Advanced Economies. Basically if you were producing something with high mark up and selling to China there are two things you definitely don't want to happen:

1. Some Chinese industrialist looking at your product catalogue, suck air through their teeth and go "that's a bit expensive, isn't it?"
2. Some Chinese liberal start writing articles about how your products are crown jewel of Industrialisation and China is not capable of producing it and it ends up getting a lot of views

Because then it means the gaze of Crusher of Advanced Economies will be upon you and you may not be in business for much longer as China "cabbagrise" your sector. Particularly with point 2, often times it's not China's intention to crush an existing niche market, but libs want to use it to beat over Chinese people and there's always people who are going to step forward and prove them wrong.

Latest victim: Cherry got popped…

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Cherry MX switches used to be the top dog, other companies like Kailh were just cheap imitations, literally. Then one day they weren’t.
Made in Germany isn’t even enough of an asset.

Also for Thanksgiving…
iRobot: Pocahontas’ Revenge
Powerful Native American government official helps topple American corporation

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[Randomuser]

It really depends on what kind of growth we're talking about, specifically in service/financial sectors or industrial sectors. A service based economy will never be a threat to industrial economy.

In industrial sector, the growing trend in automation has eliminated their comparative advantage in low cost labor, and with the Industrial Cthulu next door Indians are finding it very difficult to grow their industry.

I have heard Indian scholars proposing that India should skip industrialization and go straight for service economy. Honestly if India can pull it's people out of poverty by growing their service economy then I have nothing but good wishes for them. As I said, a service based economy will never be a threat to industrial economy.

So in practice I think China need to guard it's industry with extreme cautiousness, no more of that dumb fuckery like helping India to build state of the art steel mill (the man that approved the project should be put to the firing squad for treason). OTOH China can welcome India's growth in other sector, perhaps even invest in it.

Even service industries are affected by AI. In fact white collar work might be suffering more from AI than stuff in trades. For example customer service queries, paralegal document review, data processing etc. all of these can be streamline automated making there less need for number of people.

 

[neutralobserver]

https://twitter.com/i/web/status/1994050488040329681

https://twitter.com/i/web/status/1994121701874126902