I agree the stock market is a big influence of the economy. Stocks are massively overvalued. There’s not enough available cash in existence if there’s big sell off on a major stock like Intel. Hence the need to print money. If the Fed didn’t intervene, that illusion of stocks actually having cash value would vaporise.
None of those implications are bad UNLESS you are a manufacturer of those goods in the West. Or investing in those manufacturers. This is where WSJ falls flat on its ass.
The rest of the economy is a consumer of those cheaper goods. So the discounts on those goods makes the wallet go further. That’s good for consumption. Consumers might even throw more money towards those dogshit services that economists are now in love with.
Everyone just makes stuff for fun in China!
Sucks to be Joerg who only makes stuff for money.
Price down is … bad now? Just pay extra then and call it a tip!
Meanwhile our media and leaders are predicting war with China in 2027…
So how the fuck are submarines planned to arrive decades later going to be relevant? Shrug
The Google bullshit generator is going to burn a lot of go juice before eventually saying “42”.
Can’t wait until the next debate when he can shield himself with a tinfoil hat.
Gamers : “I am being exploited by Chinese capitalism!” (Buys another Funko Pop to keep on the shelf still in original packaging)
A call with Tesla confirmed that the truck had needed a complete reboot which took over five hours of sitting to complete.
I consider this as a second deal-breaker problem with the truck. How does 5 hour reboot time make sense? That seems as quick as the punch card computers great-granddad reminisced about.
“condensation can fry the electronics inside the vehicle”
Electronics defeated by rain. They’ve basically described it as an expensive piece of shit.
Another aspect is that cheaper solar panels means cheaper energy: something that Europe is having trouble with right now.
Cheaper energy means lower costs to produce stuff - Making their economy more competitive not less. E.g. Certain foods need refrigeration. Factory equipment. Server farms. Offices have lighting and aircon etc.
If Europe allows their own solar panel industry to gouge themselves, the initial investment in solar will be more of a cost and they are going to have less future growth.
Passive systems like this fog collecting tower save on energy but are large for the amount of water they collect : https://youtu.be/THJVuinPbc0?si=EHnQ_XQvQFvca3VG
Those towers use plastic mesh to collect the fog.
Researchers are working on new materials to collect more water : https://youtu.be/UlTbZ658eWM?si=6Ld8xemTOnAN7L43
After you buy a train ticket, you push the train the whole way to your destination.
Reuters article on the incident fails to mention IDF killed their own. I wonder how informed these Zionists are.
Many non-uniformed Israeli are packing heat as well which exacerbated the problem.
Also from article:
But with guns in the hands of so many and Israelis as tense as springs, many fear that they are more at risk of being harmed than saved.
Israel has hit the perfect mix of “scared” and “gun ownership” for a friendly-fire explosion.
But it’s going to be written off as "Fog Of War, ah well 🤷 ".
By telling progressives that the referendum is only performative and then telling conservatives the referendum goes too far, the media brainwashed the public.
Aussies are settlers inherently. They needed excuses to vote No. By raising bullshit arguments unrelated to the actual referendum question, they found one palatable excuse somewhere.
The basic attitude of white Australia towards indigenous recognition and reconciliation is terrible.
Fucking hell. Another No campaigner given national airtime to blather on about progress when they are actually advocating no constitutional protection for a national indigenous body. That’s the opposite of progress. The dumbass said it himself: “There have been bodies before”. Those bodies got destroyed. The referendum was about cementing a voice into the constitution.
To say the voice would have no powers is wrong. Fake news to create the excuse to vote No. There was never a NEED to write what the powers would be for the body IN THE CONSTITUTION.
The point was to create constitutional protection of the existence of a voice. Look at the referendum question:
So there was never any description of what powers and funding and structure the body would have. So how can this guy say it has no powers? The powers would have been up to parliament to create by passing bills and laws. Why would the constitution need to have those details in it? The referendum was to amend the constitution to make sure a body stays permanent.
The No campaign gave all the fuckwits excuses to vote No. You heard a million bullshit excuses. Understand that they only have to obfuscate the issue and scaremonger and trivialize the idea because Aussies are dumb as shit.
Claim it’s just symbolic, then claim it has too much power, claim it is divisive, blah blah blah. All those claims would have depended on parliamentary decisions! The referendum was NOT ABOUT DECIDING THE POWERS OR LACK OF THEM.
Every fucking fossil in politics PRETENDS they are progressive. No one is stupid enough to punt a baby in public. They ALWAYS pretend to care. Read between the lines.
We already see at the state level that bodies like this do more than symbolism:
In this article https://theconversation.com/some-states-already-have-indigenous-advisory-bodies-what-are-they-and-how-would-the-voice-be-different-214726, they mention an ACT community housing project for older indigenous Australians was provided in cooperation with the Aboriginal and Torres Strait Islander Elected Body.
The TSRA manage the fisheries in Torres Strait and many other projects.
On the national level previously ATSIC provided funds for grants and loans and even provided funds for litigating native title claims.
Previous bodies were not symbolic. Yet the No campaign will ALWAYS be trying to trivialize anything an indigenous body could contribute. We know exactly how these pieces of shit operate.
The electorate is being characterized as racist deplorables?
Yet the outcome here is obviously going to result in taking something away from a racial minority (i.e. see the previous indigenous advisory bodies and safely assume the next national body formed without constitutional protection will ultimately be removed again by a conservative election win). That is simply a racist result. Analyzing the material conditions and history, we can make the conclusion without obsessing over the motivations of individual voters.
The point was to stop the bullshit of dismantling those similar national Aboriginal orgs each time conservatives wanted to crush them to score a political point. Given their track record of ABOLISHING these bodies, the referendum would have protected them which would already be a material improvement.
That would have been the change. That’s progress. But rather than making them permanent, the No vote has just doomed Australia to the endless cycle of creating an org then getting rid of it each time we switch governments.
Australia already attempts to deliver policies and services for Aborigines but the recent approach has been to involve them in the design and delivery to give better results. That is why these bodies need to exist.
We recently had Australian mainstream media talking about a slum in Australian iron ore sales to China and calling it sign of China’s property crash.
I wonder now if iron ore is trading within BRICS in a similar way and Australia is getting the cold shoulder for being the US puppet it is.