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taxiya

Brigadier
Registered Member
Temstar said:
I agree that Nobel Peace Prize up to now has been another hegemonic tool, however WTO was also created as a hegemonic tool to allow US to use her relative advantage in trade under the name of "free trade". Yet by joining and playing the game better than the US China has converted WTO to be more true to it's supposed aim, to the point that US got so butt hurt they deliberately crippled it.

I think Nobel Peace Prize could also follow such a trajectory. If Yemen war does end and it's clear it's result of Chinese mediation than they must give the next prize to Xi or they will become an even bigger laughing stock. Nobel Committee as an organization has its own momentum and has to justify its existence and they may well be forced to do this despite objections from the west.

Or maybe they will stick to their guns and refuse to award Xi, in which case it's only a matter of time before someone from the Global South gets an idea to create their own Nobel prize, but with blackjack and hookers.
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Very often name is equally important as the content if not more (名不正则言不顺). For example, literally "中华民国" and "中华人民共和国" have the same meaning in every linguistic aspect, but the name was still changed, to symbolize the new era, I think Mao and CPC made that choice deliberately as being said "demolish the old house and build anew".

WTO is a compromise made when China was too weak to build something new and separate, we had to join the establishment and make it work for us in some way. However, China has never joined western led political and ideological framework or institution such as "Nobel Peace Prize", there is no reason for China to do so today when China is aiming to raise her own flag to build a new world.
 
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Biscuits

Colonel
Registered Member
Because each year brings more and more worthy Nobel peace prize candidates, I suggest expanding the prize and create different categories that can better represent all the candidates.

Instead of 1 peace prize, we should have:
1. Nobel prize of martial peace: this prize will be awarded to an exceptional commander and/or politician of NATO, that have served to expand the realm and/or defeat the foes of America.

2. Nobel prize of collaboration: this prize will be awarded to a native which have helped America using the resources of his country in an exceptional way.

3. Nobel prize of truth: this prize will be awarded to a writer/journalist/filmmaker that has done the best job at delivering the American party line to domestic as well as global audiences.

With this reformed Nobel peace prize, there won't be a deadlock anymore between several worthy candidates.
 
horse

horse

Brigadier
Registered Member
KYli said:
Excess money is flowing to Bitcoin so that more suckers can be lured into Crypto so that they could cannibalized later for feast.
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It is a rally of everything.

Stocks, bonds, gold and commodities, and why not BTC?

Once the system gets flooded with money again, who knows, that could happen, the money has to go somewhere.

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Talk about double standards.

The Chinese saver, puts their money into a bank, or buys real estate. And they call that a real estate bubble, when there is actually something real backing it up. The savings generated from income in a economy growing at 5% or more.

The Fed stops raising interest rates, and goes back to the usual of lowering rates, and various other methods of injecting liquidity into the system. The money unleashed into the system, bids up all asset classes, such as stocks, bonds, gold and commodities, and why not BTC? Heck, it will even bid up real estate.

No one talks about a real estate bubble in the United States!

Why is that?

If they argue it is entirely different, that US real estate is backed by something, well, Chinese real estate is backed by something even stronger, which is actual savings, and needs no central bank to blow bubbles and prop up prices.

Dirty double standards. Little wonder some countries always harping about China debt crisis. They either got no money or they printing money.

:oops::D
 
H

HighGround

Senior Member
Registered Member
siegecrossbow said:
I'd welcome a housing market correction. I bought my house to live in, not speculation purposes. Property tax will go down if there is a correction.
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People's retirements will go down because once upon a time, someone decided to tell boomers that their house is an "investment".

But really, the main issue is that instead of actually increasing housing supply by cutting regulations, securing raw resources, reducing development costs, and generally creating a smart industrial policy to build more houses, the geniuses in the Executive decided that the best way to get people into homes is to relax lending standards and flood the markets with easy credit.

Lmao. God I hate this country sometimes.
 
FairAndUnbiased

FairAndUnbiased

Brigadier
Registered Member
HighGround said:
People's retirements will go down because once upon a time, someone decided to tell boomers that their house is an "investment".

But really, the main issue is that instead of actually increasing housing supply by cutting regulations, securing raw resources, reducing development costs, and generally creating a smart industrial policy to build more houses, the geniuses in the Executive decided that the best way to get people into homes is to relax lending standards and flood the markets with easy credit.

Lmao. God I hate this country sometimes.
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EROEI dictates that as energy costs go up suburban driving becomes unsustainable in combination with mortgages, maintenance costs (car, home and infrastructure) and taxes (for maintaining infrastructure). The only way is increase density and infrastructure, or increase homelessness.

They picked the bold move of increasing homelessness.
 
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