Without all this clusterf, latest estimate is -2.8%Yeah, wait a few days. Then we will know how negative America's Q1 growth rate will be
Next update is on April 9
Miscellaneous News
- Thread starter bd popeye
- Start date
Next update is on April 9
Labor Secretary Lori Chavez-DeRemer says Trump wants to onshore garment factories from Vietnam and Cambodia to the United States
It isn’t A.I., more like A.S.S. (Artificial Stupid Shit).
Trump and his cohorts can help smooth the transition by turning every dollar into 500 dollars. Like the denomination of won, yen, etc.
So when they buy an iPhone and pay $500,000 dollars. Thus creating a disassociation with the previous value. Perhaps, it will create enough confusion that their voters won’t notice the price inflation.
When China and Vietnam industrialized, the first focus was on education, which created an increasingly better educated workforce which allowed them to progressively move up the value chain.
The US inexplicably is abolishing the department of education and making villifying institutes of higher education while attempting to reshore industries like garments. It's almost as if the US wants to become the China of 30 years ago rather than competing with China in the next 30 years.
I seems Main Character Syndrom can be quite fatalYeah, wait a few days. Then we will know how negative America's Q1 growth rate will be
Remember 2020 was when COVID-19 hit.
CNN markets:
A joke my friend only
Ah,Weimar Republic writ large is the future America-only one problem the said US consumer is still making only 32,000 USD a year before taxes.Also I had a suspicion of many companies asking to buy your gold-shell companies by billionaires to suck up all the real wealth/gold?
It's because there has always been an anti-intellectual streak in American society, and this is seen elsewhere in Anglo societies such as Australia, because being intelligent and intellectual is seen as being elitist and snobbish, or even anti-democratic (since the idea that a person knows more and therefore their opinion has more weight means there is inequality). This reaction then is easily changed to a desire to take these snobs down a peg, in other words "tall poppy syndrome". The Republican party is particularly all in on this as this leaves the masses ignorant, while the masses distrust education because it tends to turn people "liberal" (as in they get a broader global view and often don't agree with the small town parochial view of their families).
So now we have a society in which a significant segment believe higher education is not only unhelpful but actively harmful in brainwashing the children to be liberals. It is of course a recipe for long term disaster and ceding of technological leadership to others.
This attitude is not only seen in poor white people but also in Latinos and blacks in the United States. Getting educated is seen as being a betrayal of one's roots, turning "white" or collaborating with the white power structure, and is discouraged or the person is ostracized by their peers and family. It is all part of the so-called "culture of poverty", which basically refers to the culture or beliefs that are self-sabotaging and lead to perpetuation of inter-generational poverty. The left in the 70's attacked this idea as being racist and victim blaming, but I think it has merit and goes beyond race and affects any group such as the stereotypical Southern white "rednecks".