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K

KYli

Brigadier
Don't forget the trillions dollars in Crypto and Meme stocks.
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collapse last week sent tingles of panic down investors’ spines as it highlighted a larger problem across the banking sector: The widening gap between the value large lenders place on the bonds they hold and what they’re actually worth on the market.


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was tied, in part, to the plunge in the value of bonds it acquired during boom times, when it had a lot of customer deposits coming in and needed somewhere to park the cash.


But SVB isn’t the only institution with that issue. US banks were sitting on $620 billion in unrealized losses (assets that have decreased in price but haven’t been sold yet) at the end of 2022,
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.
 
P

pmc

Colonel
Registered Member
ACuriousPLAFan said:
I'm surprised that EU can run out of sanction options against Russia.
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It depend on degree of integration in industrials and dependency. The most was in Automobile industry but percentage sale wise it was too small. Russia easily shifted workers around to even higher income aviation industry hardly any protest or unemployment. suppose if aviation engine production is running on 8 hour single shift normally and you transform into 24hr three shifts than you need electric/water supply to run it 24/7 reliably in that geographical location. this show the reliability and redundancy in infrastructure. similarly is to make sure more space in the plant for more workers. that Aviastar SP plant is supposed to have size of 1000 hectares or 40,000 acres depend on what is included.
they put Mikron CEO as head of Russian Academy of sciences either that person has achieved task or he has gotten bigger task in some other firms. looking around developments in city like Zelenograd give confidence that Russia semicon sector will get enlarge. but we have to see the reality with time in chip equipment or processing.
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ACuriousPLAFan said:
Meanwhile, I have never heard of the US running out of sanction options, like, ever...
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US situation is different as it will never run out of sanction when firms from Korea and Taiwan built more there Fabs, battery and auto plants in US. when firms like Samsung use Corning Gorrilla glass on its high end phones than you add all the student education and research center dependency on US/EU where actual global talent is attracted. Japan decline and other high per capita Asian countries behavior gives US all the confidence to put peddle on sanctions.
 
P

pmc

Colonel
Registered Member
FairAndUnbiased said:
If Indian refuses to pay Russian prices, it won't get the oil. I don't know why that is so difficult for them to understand. India doesn't have oil, Russia has money. Who lasts longer, Indians burning cow dung for heat again, or Russians with slightly less paper?
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they always mention India or some other country but not the country that make every thing happen. since Germany is wholly absorbed in Ukraine and not listening to other issues. it will have more problems.

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On recent imports of Russian diesel into Saudi Arabia, Nasser said the kingdom had always been importing products for its domestic market since before the Russian-Ukraine conflict
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Bellum_Romanum

Bellum_Romanum

Brigadier
Registered Member
baykalov said:
https://twitter.com/i/web/status/1634962572175872002

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From the article:

"Mr. Podolyak said
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tied to a North Atlantic Treaty Organization partnership are a dangerous idea, since they would leave Ukrainian territory in Russian hands and embolden both Russia and its allies, such as Iran and China, fueling a sense that the West can be made to back down."

This dumb Ukrainians are trying to dunk on China with the not so subtle suggestion and inference that Ukraine today, Taiwan tomorrow which essentially conflates not to mention muddles the already confused Western public with respect to Taiwan's non-existent independence as recognized by the U.N. and under international law.
 
FairAndUnbiased

FairAndUnbiased

Brigadier
Registered Member
baykalov said:
https://twitter.com/i/web/status/1634962572175872002

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Remember what I said about them being quitters and doomers if things don't go 100% according to plan?

in WE2, a certain country is made up of doomers who want to give up. Chinese and Russians are actively trying to save the earth. they get hit with a few setbacks and go from "rah rah we are numba 1" to doomers, this has been proven time and time again from Vietnam to COVID where setbacks makes them give up.
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E

Eventine

Senior Member
Registered Member
Patchwork_Chimera said:
I mean, I haven't exactly hidden which side I'm on lol.

As a US citizen, working in DOD-land no less, it should be understandable that I want the US to do as well as possible. As a result, I do indeed consider China to be our #1 competitor. After all, I wouldn't be so disaffected about our (many) failings if I didn't want us to do better.

With that said, just because we're rivals doesn't mean that I have any ill-will towards the PRC. I personally believe competition is healthy, and that by having another country around who can actually punish our failures, we are more incentivized to innovate and better ourselves. Ideally, we would be able to achieve a peaceful but competitive co-existence, wherein both nations feel "pushed" to explore more, discover more, invent more, etc. than the other side. I believe that such a dynamic would be the best outcome not only for us, but for CN as well. I don't even think such a dynamic requires animosity between the sides.

However, this is obviously not the reality that we're trending towards. Instead of taking measures to materially improve our position, we instead dump resources into the same senselessness that got us here, opting instead to take petty potshots at China's own efforts to improve theirs. As others have said, yes, CHIPS and other similar acts have been cobbled together as a response to CN initiatives. While I am entirely on board with them in principle, the efforts themselves are often ensnared in political showmanship, lobbying concessions, and bureaucratic red tape, resulting in little more than big promises, high costs, and little gain. It is going to take a lot more than just throwing money, tax breaks, and slogans at our problems to fix them; and unless we're wiling to take such measures, no amount of ankle-biting sanctions or histrionic headlines is going to stop you guys from surpassing us.

As a bit of an aside, since the DC-fellating think tankies et al. are the ones doing some of the worst damage, calling them out for their imbecilic shrieking is actually doing us a favor. Just one example of how you guys giving us a wake-up smack every now and again is beneficial (not to mention, probably highly cathartic for folks on the CN side - and rightfully so, given how we've treated it).
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baykalov said:
https://twitter.com/i/web/status/1634962572175872002

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The main issue is that Republicans - and the deep state faction they represent - are not on board. Only the Democrats have pledged indefinite support. But there is a significant fraction of the political elites in the US who are, in fact, quite sympathetic to Russia. This should have been obvious during the Trump years, when the policy was to try and get Russia on the US's side - never mind Crimea - against China. Basically the reverse Nixon, but with the added dimension that the US's radical right are fans of Russia and would side with them against the "woke" liberals on a values basis.

As the election draws near, and the Republicans' strategy unify around bashing China and striking a peace deal with Russia, the Democrats are caught between a rock and a hard place.
 
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