Miscellaneous News

emblem21

Major
Registered Member
What’s the alternative?
Passing away so she doesn’t have to bear witness to her life long failure that drove the USA to ruin, only to realise that she will have the entire after life to see every single detail of where she went wrong. This is a true example of a no win situation of her own making. She is basically ding donged no matter what she does, she might as well go out in style
 

Temstar

Brigadier
Registered Member
What’s the alternative?
The alternative is before things get that ugly make a deal with China. The terms won't be much better than an unequal treaty but China will then let US down gently much like the US did to the British Empire.

Even in this diminished state life in US won't be that bad compared to world average, that's how good her geography is, certainly much better than UK. That's assuming US stays together as a country through this transition.
 

BMUFL

Junior Member
Registered Member
If that seriously what ends up happening to us, I would totally risk solitary confinement or a even a firing squad to stick my camp commandant's baton up his a**.
Firing squad? When did you acquire this taste for luxuries? It'll probably be a savage beating behind the scene followed by public execution by short-drop hanging. Because, you know, don't want to waste bullets and rope manufacturing capacity is probably being diverted.

Okay, the yellow-camp Hongkongers and the public execution bit were just me hamming it up for black comedy. The point is, if the camp scenario actually plays out, it'll probably play out like the way it did back in WWII with Japanese-Americans and -Canadians. That is, austere camp condition, weird and "totally voluntary" loyalty pledge-signing, and aggressive recruitment campaign for soldiers (okay, I don't remember if the loyalty pledge-thing and recruitment were the case with Japanese-Canadian internments, but the austere camp location stands).

Passing away so she doesn’t have to bear witness to her life long failure that drove the USA to ruin, only to realise that she will have the entire after life to see every single detail of where she went wrong. This is a true example of a no win situation of her own making. She is basically ding donged no matter what she does, she might as well go out in style
Or, you know, keep delaying and passing the time bomb to the next treasury secretary, just like everyone else.
The alternative is before things get that ugly make a deal with China. The terms won't be much better than an unequal treaty but China will then let US down gently much like the US did to the British Empire.
A certain sector of Americans will probably lynch her if she did that.
 

siegecrossbow

Field Marshall
Staff member
Super Moderator
The alternative is before things get that ugly make a deal with China. The terms won't be much better than an unequal treaty but China will then let US down gently much like the US did to the British Empire.

Even in this diminished state life in US won't be that bad compared to world average, that's how good her geography is, certainly much better than UK. That's assuming US stays together as a country through this transition.

They’ll feed their children to gators before they contemplate something like this.
 

9dashline

Major
Registered Member
Is that correct? Yellen want to run the budget in such a way that debt will reach 51 trillion?
I predicted this...



My ultimate prediction: USD goes to zero by 2025 in 18 months from now
 

Temstar

Brigadier
Registered Member
Passing away so she doesn’t have to bear witness to her life long failure that drove the USA to ruin, only to realise that she will have the entire after life to see every single detail of where she went wrong. This is a true example of a no win situation of her own making. She is basically ding donged no matter what she does, she might as well go out in style
On the whole I don't think Yellen is necessarily bad at her job. by the time she's on the job the debt situation was already out of control under Trump's spending. While Biden is in charge the only feasibly way to turn that around is to make a deal with China and she's been on the side of not doing a new cold war as opposed to Raimondo and Tai. The final decision isn't exactly up to her.

She reminds me of Littlefinger who after becoming Master of Coin and realizing Jon Arryn had let King Robert spent away all of the kingdom's surplus took on a "well we'll just borrow more from the Iron Bank, what are they going to do invade us?"
 

FairAndUnbiased

Brigadier
Registered Member
I predicted this...



My ultimate prediction: USD goes to zero by 2025 in 18 months from now
Since you are a software engineer, can you answer a simple question from me, a non-software engineer?

How come they can't just ask ChatGPT "how do we maintain US dollar as the dominant reserve currency without increasing unemployment by more than 5% and without increasing inflation by more than 10%?" and just carry out its instructions?

isn't chatGPT the supreme AI that dominates everything and is the only tech that matters according to some of the other posters here? Thanks.
 

supersnoop

Colonel
Registered Member
Well, one factor is that in the US, basketball is one of the few ways inner city black youths can escape poverty. I'm not sure about Yugoslavia, but in China, education is the ticket to escaping poverty.

Basketball, and sports in general, remain pretty low on the priority list for both Chinese families and domestic policies.
Yes, but that only creates a captive pool rather than have an effect on absolute talent. China already has a big pool.

Klay Thompson and Steph Curry both grew up the privileged sons of NBA players, so an underclass is not an advantage.

It’s probably that the talent identification is too late and not good. Not being a priority means you still rely on these terrible talent evaluators and the cycle perpetuates itself. If you hire a coach at the professional level, it’s way too late and the guys aren’t really the best. America has these private school/sports factories like IMG Academy which are amazing relative to the crappiness of the average American public school.

A couple of asides:
Found this gem while searching to see if there are any sports private schools in China. Ah, good ol’ RFA, willing to print anything. Equality of access to education I s an evil affront to freedom!
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Also, Steph Curry’s kids are 1/8 Chinese. They won’t need money, but if they get half decent at basketball and learn Mandarin, it’s money in the Bank (of China, which maybe more stable then many American Banks when they are of age).
 

9dashline

Major
Registered Member
Since you are a software engineer, can you answer a simple question from me, a non-software engineer?

How come they can't just ask ChatGPT "how do we maintain US dollar as the dominant reserve currency without increasing unemployment by more than 5% and without increasing inflation by more than 10%?" and just carry out its instructions?

isn't chatGPT the supreme AI that dominates everything and is the only tech that matters according to some of the other posters here? Thanks.
Cant cheat the 2nd law of thermodynamics... AI is not magic... the only rule is the law of physics itself...

Money is meaningless, its all about net energy flows

Read my EROEI paper

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Also Chatgpt is just a language model... far far from true AGI... the reason it mimics human intelligence so well is because we have a rich language and it was trained on the entire internet as its dataset. GPT is just machine learning to predict patterns, while for humans lamguage is a means of reductive mapping of our subjective inner states (qualia, NCCs, etc) which itself is objevtively external reality filtered through..

So there is external objective reality
There is subjective our perception of external reality (which itself is already a map/model)
And there is human language, a further reductive symbolic model of our sensory inner mind model

GPT and all LLM is trained to find patterns and do next-word predictions on that...

In a sense here human language is the common bridge or API between mans model of his sensory world as encoded by language and GPT is simply trained to mimic our WORDS (not us! our words is one merely reductive expression of us) by finding patterns and even by "generating its own" new patterns based on what it learned from is...

But it doesnt know anything, doesnt see anything, doesnt feel anything, its just a very good parlor trick. its a word engine, there is no"intelligence" in there at all
 
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FairAndUnbiased

Brigadier
Registered Member
Cant cheat the 2nd law of thermodynamics... AI is not magic... the only rule is the law of physics itself...

Money is meaningless, its all about net energy flows

Read my EROEI paper

Please, Log in or Register to view URLs content!
I was a regular reader of peakoil forums before they shut down. I know about that shit.

I actually asked chatGPT a similar question. it had a politician response.

How could the US reduce its trade deficit without increasing inflation or unemployment?



Reducing the trade deficit is a complex issue, and there is no single solution that can guarantee success without creating some trade-offs. However, here are some possible ways the US could reduce its trade deficit without increasing inflation or unemployment:
  1. Encourage Domestic Production: The US can reduce its trade deficit by encouraging domestic production through various policies, including tax incentives, subsidies, and regulatory reforms. This would make domestic products more competitive, and hence reduce imports and increase exports. However, it is important to balance such policies with maintaining free trade to avoid retaliation from other countries.
  2. Promote Innovation and Research: The US can invest in research and development to create new products, technologies, and services that are in high demand in other countries. This would increase the competitiveness of US exports and help reduce the trade deficit. Additionally, innovation and research can create new jobs, thus reducing unemployment.
  3. Negotiate Better Trade Deals: The US can renegotiate its trade agreements with other countries to reduce trade barriers, increase market access, and promote fair trade practices. This would help boost US exports and reduce the trade deficit. However, it is important to ensure that such deals protect the interests of domestic industries and workers.
  4. Address Currency Manipulation: The US can address currency manipulation by other countries that artificially reduce the value of their currency to make their exports cheaper and more competitive. This puts US exports at a disadvantage and contributes to the trade deficit. By addressing currency manipulation, the US can level the playing field for its exporters.
  5. Improve Education and Training: The US can improve its education and training systems to develop a skilled workforce that is better equipped to compete in the global economy. This would make US workers more competitive and enable them to earn higher wages, reducing the risk of unemployment.
Overall, reducing the trade deficit requires a balanced approach that considers both short-term and long-term goals. Any policy aimed at reducing the trade deficit should be designed to promote economic growth, increase competitiveness, and create jobs, without causing inflation or harming domestic industries and workers.
 
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