sand_castles
Wage equilibrium around the world is inevitable with the rapid increase in integrated markets and improvement in telephony technology.
What this means for workers is far less important that what it means for capitalists.
We talk about race to the bottom for workers, completely ignoring race to the bottom for landlords / corporations and governments.
landlords around the world have to now compete on a much more even footing.
Rise of the corporate sector in China / Russia / Africa puts deflationary pressure on developed countries.
Governments that do not offer much, would watch the young and skilled flee to live under better government structure.
If you are poor and have views that in some way threatens the current ruling class and it's narrative, you get cancelled.
What they mean by "cancel culture" is when the poor and marginalized use new technologies of communication like twitter to put people in power in the spotlight.
If the mob is angry, it's up to the government to find out why and resolve the issues.
The solution to lies is not to censor, but transparency.
Atlassian has all the resources in the world to answer any external benchmarks done by third party.
If you can hire an army of lawyers, surely its possible to have a full-time engineer running benchmarks.
NATSECJEFF on twitter is a must follow.
https://twitter.com/Natsecjeff
His podcast is also great.
Are you sure about that ? both Putin and Xi would jump to make a deal for future oil exports in exchange for meeting Saudi social / security needs.
> America has a large and diverse non-oil economy
So does India, China <-- not superpower or depend heavily of foreign borrowing.
Pulling the plug on the dollar would materially make Americans poorer, independent analysts have put 50% of the value of the dollar arising from WRC status.
Americans can't handle that level of lifestyle change, without it being turned into a revolution.
Without the need for holding dollars, rest of the world pulls the plug on the American financial system.
The modern Chinese supply chain can only be replicated in few other places in the world.
I don't see what the problem is to let China do what it does, and focus everybody else's goal on other more important things - like reducing global C02 emissions.
You could generate millions of jobs just by doing that.
https://www.amazon.com/Jakarta-Method-Washingtons-Anticommun...
You don't have a democracy when the state controls all the TV media.
> What is the basis for this
The basis for this is the level of grinding poverty in India, live in a Indian slum for a year and then come back to me, and spew the virtues of "democracy" vs economic freedom and rights.
Poverty is organic propaganda for extremism and communism.
India needs to go through a period of "communism" to get anywhere, the type of land reform needed to reduce poverty won't happen without somebody brutal enough to go against the interests of the wealthy in India.
India is still mostly a feudal society, that was thrust into the 20th Century from the 16th Century.
It was robbed of 4 centuries of social change.
> infighting between secular and religious figures
and who do you think instigated it ? how was India able to have different religions living side to side without communal violence until the Brits showed up ?
India could fix it's issues with it's neighbors by being more empathic as a regional hegemon, CCP understands this.
It's more likely that the Indian Communist Party comes into power before 2030, and all of Eurasia switches side and forms a cartel against the G7.
How you organize your society matters much more, Japan/SK has fraction of the global population, and somehow maintain their economic importance.
India has all the problems of a democracy without much of the benefit. It's more likely that India becomes a CCP style country than stays a democracy.
If India was so great it's smaller immediate neighbor wouldn't be so hostile towards it, and friendly to CCP.
CCP was able to organize G77, so they have the numbers on their side, it's just that poor people don't have a voice, China is providing hard power to the masses of humanity against the interests of G7.
It's a major shift in world power, whether G7 likes it or not.
I am no fan of CCP, nor is CCP a fan of how they do things ! but its the world we live in, where the state department can just overthrow the govt of a major country if it likes, you need the use of hard power to survive.
So if you push master to Github, how is this going to work ?
Is it not better to make the changes to Git ?
Ask Linus Torvald in Finland.
But remember who you are defending.
Great power rivalry is bad for corporate profit and amazing for wage laborer, which most of HN is.
If you are an worker in North America, this type of headline should be a moment of celebration.
Industrialized societies quickly tear themselves apart when you need an educated workforce, and intelligent consumers.
A society of serfs will only consume the bare minimum, stagnating technological progress, ask the chinese about gunpowder and naval force projection.
Unlikely for the US to enter Neofeudalism when we are entering an age of great power competition.
You only get to keep your power if you "bribe" your workers enough to help you.
UBI means lower taxes = value of money diminishes.
Jobs guarantee is how you implement UBI.
Jobs given out by the state doesn't have to awful.
Do they fly in people with guns from California ?
The problem was never access to credit, but access to high income jobs.
Even the "living space" that is North America, Australia didn't belong to the White Man.
China is the largest crude oil importer, soon to be the largest total consumer, OPEC cares much more what happens in the East, Europe and partially US.
Covid-19 and the economic crash is a wet dream for the major powers.
- CCP rounded up all the people in HK.
- KSA gets to consolidate market share, steal from middle class through the Aramco IPO.
- British people stopped talking about Brexit.
- Energy cartel in NA continue to vertically integrate after "startup" did their innovation.
Remember that OPEC was Kissinger's idea.
The frackers were causing problems in the global oil market.
New technologies normally get consolidated by the larger monopolies over time.
The only way to do it is to bankrupt the smaller players.
Since its raw crude I presume, you won't have leeching problems.
https://www.mining-technology.com/wp-content/uploads/sites/8...
You could store 100 tanker worth of oil here.
Oil gult takes 3-4 years to clear.
Now is a good time to bet on consumption, not on commodities.
I suggest Iranian, Argentinian bonds if you really want to get that blood flowing.
which ? the cheap phone everybody uses while taking a dump ?
> take possession of their US assets.
which ? UST bonds ? in the situation you describe, the Chinese supply chain are far more valuable.
> encourage allies to boycott their products
nobody is stupid enough to allow their teenagers to fight a land war in Asia.
> sue them in foreign courts.
Sue them where ? Hague ? how does it stop them selling phones to africans / other asians exactly ?
> repatriate manufacturing of US-based companies' devices
Do you have a 300 million + healthy well educated labour force working for sub 15 dollars an hour ?
Good Luck Bro !
You should read the book "Code of Capital".
The CCP has made it clear that "rule of law" as stated by Mr. Obama is about favoring western capital interests.
I think it's a bigger crime that 6 billion people do not get to enjoy the same standard of living as the 2 billion people on top.
By having no brittle IP rules, the CCP makes sure Chinese businesses stay dynamic and continue to dominate.
we all stand in other's shoulders.
also, you in what army ? are you going to invade Asia ?