Farfromgeneva wrote: ↑Thu Apr 09, 2020 9:19 pm
When I was in grad school mid 2000s they were already teaching us that China was coming to eat our lunch like Japan was in the 80s. I've been skeptical largely because I don't believe in their pitch of controlled/modified capitalism, they fundamentally don't have property rights be it IP or tangible assets which reduces liquidity and the velocity of transactions required to be a economic world leader and the lack of transparency throughout the system creates a lack of confidence from the rest of the world required to say "yeah, when times are tough I want that dirt or hold assets in Renimbi/Yuan" or "we should really hold the majority of our reserves for the world on fire rainy day in chinese currency".
But my economics brain, which as we know is far different that business finance, says that this theoretical advantage they have is all driven by population, cheap labor. However intro Macro (refined beyond that level) teaches that there's an optimal mix of means of production including labor, capital, etc. Admittedly I've only watched part of American Factory but I think what we see is that China's supposed population/labor advantage may be overrated as they are leaning to hard on labor and it's not the right mix to be considered optimal. And the downside is when that working age population grays their downside will be a hell of a lot harder. The window isn't huge for them now and I don't see them getting to the right place in time to step on our throats.
will take that bet. they have the population under their control.
they have every globally ambitious business in the world drooling at their audience. to the point they're subservient as well.
they don't, and maybe never will, pretend to share real info that doesn't benefit them. including with this virus.
they will lie, cheat, steal, do "bad" trade deals knowing we crave their business. and more disciplined than about everyone.
they have likely 25-100 k covid deaths. they're listed at 3k. every public narrative is the one they want. that's invaluable.
Hate to jump a post but this is another excellent documentary.... the is what union busting left in its wake....this is basically a companion piece to American Factory. These are the people that have been disinter-mediated from their prior middle class existence.
First break the unions, then buyout older employed making a decent wage, hire young people to work for 1/2 the wage, then move the jobs to people who will work for 1/4..... then complain about China and get angry.
runrussellrun wrote: ↑Thu Apr 09, 2020 8:36 pm
Regardless.......even a week later, they dropped the predicktion another 20K
I am sorry......who made the call to shut everything down? Interstate commerce....you really believe the west virgina liquor stories? Should I load up the truck and boat with booze......bring it to PA? would THAT be illegal?
So your'e shocked that the shutting down the entire country, and social distancing methods are working....and lowering the bad outcomes, causing health officials to reduce their bad forecasts.....
....and "therefore", you think we shouldn't have shut down the entire country, and employed social distancing?
Are you serious with this stuff?
Ask him to go down to a shelter and glad hand the residents the next few nights.
whom do you think I am handing out free joints too? I am being completly serious. No one around to beg for money.....so....you put 4 and 5 together.
Go hang out and have fun.
Is there something I am missing here? Are you implying that HOMEless people would have it, say, anymore than that IT sales guy who flew coach home from ........
Or, are you implying that they do not need compassion? Can't buy booze, even though it's open, because NO one will give them money. No one to steal. Why, you see more people at BU now?
No. I am imply you don’t know who may have it. It’s Roulette. You can play it.
We all probably have it. We all probably have the flu too. Anyone wanna go in on having BOTH tests done at the same time? Annual flu test & V-19. If not, why?
But, so what, you test POSITIVE. with no symptoms. Now what? Seriously, now what? Are we gonna start hearing more thought control; that asymptomatics MAY show signs at a later date....blah blah blah.....need longer than 14 days........not necessarily develop anti-bodies, or enough of them, so you need a boost. a vaccine. OOOPPSS....what's that. the last part IS real. Why, yes it is.
SO WHAT. Hey, if you die, to bad, so sad. At least you're not homeless
Nobody can tell you what to believe. Take care.
NO, but they can tell you ,you can NOT see a dying relative. Your cool with it, I'm not.
Farfromgeneva wrote: ↑Thu Apr 09, 2020 9:19 pm
When I was in grad school mid 2000s they were already teaching us that China was coming to eat our lunch like Japan was in the 80s. I've been skeptical largely because I don't believe in their pitch of controlled/modified capitalism, they fundamentally don't have property rights be it IP or tangible assets which reduces liquidity and the velocity of transactions required to be a economic world leader and the lack of transparency throughout the system creates a lack of confidence from the rest of the world required to say "yeah, when times are tough I want that dirt or hold assets in Renimbi/Yuan" or "we should really hold the majority of our reserves for the world on fire rainy day in chinese currency".
But my economics brain, which as we know is far different that business finance, says that this theoretical advantage they have is all driven by population, cheap labor. However intro Macro (refined beyond that level) teaches that there's an optimal mix of means of production including labor, capital, etc. Admittedly I've only watched part of American Factory but I think what we see is that China's supposed population/labor advantage may be overrated as they are leaning to hard on labor and it's not the right mix to be considered optimal. And the downside is when that working age population grays their downside will be a hell of a lot harder. The window isn't huge for them now and I don't see them getting to the right place in time to step on our throats.
will take that bet. they have the population under their control.
they have every globally ambitious business in the world drooling at their audience. to the point they're subservient as well.
they don't, and maybe never will, pretend to share real info that doesn't benefit them. including with this virus.
they will lie, cheat, steal, do "bad" trade deals knowing we crave their business. and more disciplined than about everyone.
they have likely 25-100 k covid deaths. they're listed at 3k. every public narrative is the one they want. that's invaluable.
Hate to jump a post but this is another excellent documentary.... the is what union busting left in its wake....this is basically a companion piece to American Factory. These are the people that have been disinter-mediated from their prior middle class existence.
First break the unions, then buyout older employed making a decent wage, hire young people to work for 1/2 the wage, then move the jobs to people who will work for 1/4..... then complain about China and get angry.
American management was the problem.... exacerbated by the emergence of management consultants whose idea was to further squeeze labor. I had tons of arguments in business school about the short sightedness of it all...
American management was the problem.... exacerbated by the emergence of management consultants whose idea was to further squeeze labor. I had tons of arguments in business school about the short sightedness of it all...
In business school What, no arguments in the business world?
American management was the problem.... exacerbated by the emergence of management consultants whose idea was to further squeeze labor. I had tons of arguments in business school about the short sightedness of it all...
In business school What, no arguments in the business world?
I had them then as well. Still do.... Business school arguments were more contemporaneous with the subject matter.
Re: All things Chinese CoronaVirus
Posted: Thu Apr 09, 2020 10:40 pm
by runrussellrun
Typical Lax Dad wrote: ↑Thu Apr 09, 2020 9:49 pm
This happens every flu season:
Hate to jump a post but this is another excellent documentary.... the is what union busting left in its wake....this is basically a companion piece to American Factory. These are the people that have been disinter-mediated from their prior middle class existence.
First break the unions, then buyout older employed making a decent wage, hire young people to work for 1/2 the wage, then move the jobs to people who will work for 1/4..... then complain about China and get angry.
Too bad Ohio decided to go red after blaming Obama for problems he never created. Hate to say I told you so but ...
Hate to jump a post but this is another excellent documentary.... the is what union busting left in its wake....this is basically a companion piece to American Factory. These are the people that have been disinter-mediated from their prior middle class existence.
First break the unions, then buyout older employed making a decent wage, hire young people to work for 1/2 the wage, then move the jobs to people who will work for 1/4..... then complain about China and get angry.
Too bad Ohio decided to go red after blaming Obama for problems he never created. Hate to say I told you so but ...
It’s an excellent Frontline documentary... the people in Ohio were desperate. They were conned by Trump.
Re: All things Chinese CoronaVirus
Posted: Fri Apr 10, 2020 12:18 am
by njbill
Farfromgeneva wrote: ↑Thu Apr 09, 2020 9:20 pm
I81 has been a disaster for 20yrs.
LOL. I’ll add 30 years to that to make it an even 50. Drove I 81 a lot in the early 70s on my way to and from college. Have driven it on occasion since then. Not one of America’s better highways.
Re: All things Chinese CoronaVirus
Posted: Fri Apr 10, 2020 1:24 am
by tech37
Ironic, considering the furor over ventilators :
With ventilators running out, doctors say the machines are overused for Covid-19
So? Did you notice, they usually use PRISONers.......to dig the graves. What is your point of posting this ? Hart has been a burying spot for the bums of the world for decades. Buried by bums. Many, you probably put in jail, write? Right.
