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Senior Member
Registered Member
Looks like China and the rest of the world refusing to invest in US debt is having an effect, when the USG can’t just print up a whole bunch of QE to spend on hurricane victims.
It's never worked that way.

QE can "fix" the US economy by injecting money into the top most 1%, but if you tried to distribute the QE money more evenly, it would create uncontrollable inflation.

When a net worth 100 000 $ guy gets another 100 000 $, that's life changing. When a net worth 1 billion $ guy gets 10 million $, it most likely doesn't even affect his spending habits or his market impact at all. The money just sits in a bank or stocks, accruing interest without being used to consume and develop real life products (or at most having a slight effect on company investors, but more investment =/= necessarily better, as investors can be wrong about which development direction companies should take).

That's why QE never helped to elevate US living standards or achieve increased national development. National development is correlated with gdp growth, but it is not the same metric.
 

Chevalier

Captain
Registered Member
It’s still a mystery to me why these Western Europeans, specifically Italian and French motor companies don’t just use their superior western values to innovate better and show the Chinese how it’s done. Isn’t that white skin and A1 eyes supposed to make you better innovators? That’s what westerners tell each other all the time, especially when they’re not afraid of having to dox themselves.
 

Arij Javaid

Junior Member
Registered Member
I can assure you that behind the scenes, the pressure US is putting on Israel not to respond in a big way is huge because now, US domestic politics is starting to get affected. If Iran's nuclear facility is targeted. It would start a war with Iran. If Iran's oil facilities are targeted, it will bring up the oil prices.

A war with Iran just before the election will destroy Harris and give a huge boost to trump

Iran probably knew this was going to happen. That's why they chose this specific time to respond.
 

Randomuser

Senior Member
Registered Member
It’s still a mystery to me why these Western Europeans, specifically Italian and French motor companies don’t just use their superior western values to innovate better and show the Chinese how it’s done. Isn’t that white skin and A1 eyes supposed to make you better innovators? That’s what westerners tell each other all the time, especially when they’re not afraid of having to dox themselves.
For some reason their version of "innovation" is basically creating a new rudimentary form of something and pretty much living off that.

Like it doesn't matter if China invents new Jets that make those Ace Combat games look outdated and can transform into robots like in Macross. They will just say China improved it and it was the wright brothers who made the first plane or whatever.

They seem to forget, technology is a constant race that never really ends. It doesn't matter if you are first at the starting line, if you don't keep up then you will fall behind. China of all countries should know since this is literally what happened to the Qing dynasty. But for some reason the west doesn't.
 

siegecrossbow

General
Staff member
Super Moderator
For some reason their version of "innovation" is basically creating a new rudimentary form of something and pretty much living off that.

Like it doesn't matter if China invents new Jets that make those Ace Combat games look outdated. They will just say China improved it and it was the wright brothers who made the first plane or whatever.

They seem to forget, technology is a constant race that never really ends. It doesn't matter if you are first at the starting line, if you don't keep up then you will fall behind. China of all countries should know since this is literally what happened to the Qing dynasty. But for some reason the west doesn't.

European innovation is now limited to making Gucci bags that sell for the same price as a BYD Han.
 

E100

Junior Member
Registered Member
For some reason their version of "innovation" is basically creating a new rudimentary form of something and pretty much living off that.

Like it doesn't matter if China invents new Jets that make those Ace Combat games look outdated and can transform into robots like in Macross. They will just say China improved it and it was the wright brothers who made the first plane or whatever.

They seem to forget, technology is a constant race that never really ends. It doesn't matter if you are first at the starting line, if you don't keep up then you will fall behind. China of all countries should know since this is literally what happened to the Qing dynasty. But for some reason the west doesn't.
A lot of Euroturd innvoation is mostly just gadgetbahn and/or techbro stuff that is worse than already existing systems.
 
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