Bottom post of the previous page:
Pretty much thatOne of many factors
Fuck inflation the hardest though. Inflation fucks up everything
Bottom post of the previous page:
Pretty much thatJapan learned that the hard way.Luke Cox wrote:Bubbles are called bubbles because they're unsustainable in the long-derm; they will inevitably pop. They get worse the bigger you let them grow too. China is going to have a very, very bad time in the near-ish future.
I'm surprised that everyone, not just neoliberals, don't employ this kind of reasoning. There is literally nothing to gain from sacrificing your current wealth for people who will benefit for it when you will be dead. As a wise man once said: "Resources exist to be consumed. And consumed they will be, if not by this generation then by some future. By what right does this forgotten future seek to deny us our birthright? None I say! Let us take what is ours, chew and eat our fill."ColonicAcid wrote:lets employ the neoliberal classic of "keep the bubble afloat until my generation dies"
it'll be great to finally be on the other end of that shit for once.
Then it turns out your parents used up all the resources, there's not enough left to go around,and your children rise up to take what's left and leave you to rot in the nursing homes whose funding you voted to cut to the bone.Grazyn wrote:I'm surprised that everyone, not just neoliberals, don't employ this kind of reasoning. There is literally nothing to gain from sacrificing your current wealth for people who will benefit for it when you will be dead. As a wise man once said: "Resources exist to be consumed. And consumed they will be, if not by this generation then by some future. By what right does this forgotten future seek to deny us our birthright? None I say! Let us take what is ours, chew and eat our fill."ColonicAcid wrote:lets employ the neoliberal classic of "keep the bubble afloat until my generation dies"
it'll be great to finally be on the other end of that shit for once.
Grazyn wrote:As a wise man once said: "Resources exist to be consumed. And consumed they will be, if not by this generation then by some future. By what right does this forgotten future seek to deny us our birthright? None I say! Let us take what is ours, chew and eat our fill."
I mean, if you apply that reasoning, you're not even supposed to have children. You're not supposed to care about future people, and children are just that, future people who suck your money straight away.Professor Hangar wrote:Then it turns out your parents used up all the resources, there's not enough left to go around,and your children rise up to take what's left and leave you to rot in the nursing homes whose funding you voted to cut to the bone.Grazyn wrote:I'm surprised that everyone, not just neoliberals, don't employ this kind of reasoning. There is literally nothing to gain from sacrificing your current wealth for people who will benefit for it when you will be dead. As a wise man once said: "Resources exist to be consumed. And consumed they will be, if not by this generation then by some future. By what right does this forgotten future seek to deny us our birthright? None I say! Let us take what is ours, chew and eat our fill."ColonicAcid wrote:lets employ the neoliberal classic of "keep the bubble afloat until my generation dies"
it'll be great to finally be on the other end of that shit for once.
ColonicAcid wrote:lets employ the neoliberal classic of "keep the bubble afloat until my generation dies"
it'll be great to finally be on the other end of that shit for once.
https://en.wikipedia.org/wiki/List_of_c ... _emissionsShadowDimentio wrote:The Paris accord did nothing except fuck over 1st world countries who barely polluted while China and India, the real polluters, didn't have to do shit except nod and say "oh yeah we're /totally/ cleaning our shit up"
It was globalist bullshit and Trump made a good move in not paying millions to fuck America over.
Globalism is a meme people use when they don't like something. When they enjoy the fruits of globalism they shut the fuck up and don't complain about it. I mean honestly we have been living in a global economy since about the 1600s. I doubt anyone but glycon the all powerful is old enough to remember a time where we didn't trade globally.ShadowDimentio wrote:The Paris accord did nothing except fuck over 1st world countries who barely polluted while China and India, the real polluters, didn't have to do shit except nod and say "oh yeah we're /totally/ cleaning our shit up"
It was globalist bullshit and Trump made a good move in not paying millions to fuck America over.
Globalism is according to the dictionaryleibniz wrote:>people only complain about <thing> when they have a problem with it
When you get the best price for things at walmart generally you don't complain. You might even say "wow I bought this item at $3.00 instead of $5". People do complain where other's beat them in competition because other people can produce goods at the same level on the cheap. Suddenly you are out of work and who's to blame? Its globalism!noun: globalism
the operation or planning of economic and foreign policy on a global basis.
The major reason the US is doing so well is Europe was devastated after world war 2. The US had tdecent manufacturing capacity and expanded it after world war 2, while Europe and Asia were recovering from the war. Everywhere else was dealing with colonialism and it's after-effects.Professor Hangar wrote:Like, maybe a valid grievance with globalism is that powerful people can outsource a country's problems rather than deal with them, and it's starting to come back to haunt them, but the USA is still definitely the beneficiary of global exploitation overall.
But even then that's just an over-abstraction of a problem specific to capitalism, the need to grind every human being's life down to making a rich person's high score higher, and ignore everything that doesn't raise the high score no matter how much damage it causes in the long run.
We're still doing that shit. We've just come up with better ways of doing it. Regardless I think we're driven to try and dominate or do better than others, good bad or otherwise.Professor Hangar wrote:Well yeah, but we're also 'programmed' to have kids at 12, shit in the woods and murder everyone from the village across the valley. We've been pretty off-script ever since we invented agriculture.
Good luck not importing anything. I mean seriously we live and thrive on importing things. England wouldn't be where it is without importing things. They don't have enough farmland to support their population. The strongest countries thrive on good economic partnerships with other countries. If a Chinese factory can do a better, cheaper, and quicker job than a American factory then I welcome them to do it. Why? Because we're a country of "the lowest bidder". Do you want a interest rate of 5.5 or a intrest rate of 10.0 on your credit card? What if I told you that 2% of the interest rate on the higher one goes to the preservation of natural resource of skub? Would you pay $10 extra for "fair trade" vegetables when you go to the grocer every day?CosmicScientist wrote: pls stahp. Importing is a biiiig topic of morals, ethics, quality, quantity... I mean, would you want a million and one cheap solar panels from China? How does that affect your local green industry and the planet? Is it better for the global environment for China to produce it? Is it better for your environment for China to produce it? How does this affect jobs and wages in your local green industry and then on the grand scale of things? These are simple and naive questions.
Investing in bonds? I have like $5,000 in them from working as a kid. I have a mixed feel on them. They are a good investment but take way too long to mature.Malkevin wrote:>credit card
Sure, be a slave to the Jew
How about investing in your own country so there's something for banks to invest in locally so us people that are actually good with money don't get shafted on our savings?
>England not subsidizing agriculture.CosmicScientist wrote:>people only complain about <thing> when they have a problem with itstarmute wrote:Good luck not importing anything. I mean seriously we live and thrive on importing things. England wouldn't be where it is without importing things. They don't have enough farmland to support their population. The strongest countries thrive on good economic partnerships with other countries. If a Chinese factory can do a better, cheaper, and quicker job than a American factory then I welcome them to do it. Why? Because we're a country of "the lowest bidder". Do you want a interest rate of 5.5 or a intrest rate of 10.0 on your credit card? What if I told you that 2% of the interest rate on the higher one goes to the preservation of natural resource of skub? Would you pay $10 extra for "fair trade" vegetables when you go to the grocer every day?
Also use nuclear technology. Don't buy into that solar panels bullshit.
>"How dare you be upset when globalism doesn't work for you? Think about those times it does work for you!"
>pls stahp, big complex thing, hard to simplify into you have to be all for or all against
>"How dare you be against importing"
reeee
I also have a 6+% interest rate on my student loan that is translated into a 30 year tax (oh dear, we're getting into complicated issues outside, or rather inside the parts, of global economy) and last I checked, interest rates on mortgages and other widely used loans are low for reasons that might not be due to import/export. I don't have credit because I don't actually know what it is nor do I buy much/earn anything but I do have debit. I was offered a credit card at uni because I assume my bank wanted to wring money out of me in some fashion.
If a Chinese factory can do a better, cheaper and quicker job than a local factory, then sure, why not welcome it? Obviously hands at home should compete in a different area, work smarter or work harder. Unfortunately better, cheaper and quicker aren't necessarily going to happen all at once and so I'm going to have to stop you there. Chinese products are notorious for being cheaper and faster made. Cheaper and faster products, along with Chinese products, are notorious for being cheaper and faster for a reason. They're shit. They either break fast, are hazardous or at worst, don't do the job they're built for. They also have concerning working rights and quality of life. There's also environmental concerns over there, whether it's a local smog or a global emission.
If you tell me that I'm paying more to protect something, be it an environmental cause I agree with or not, I'd have to ask why, how or if I should even care. I tend to not buy the cheapest shit from the corner shop or supermarket because it's shit. I will put more pounds down on the counter for something that doesn't taste of nothing, is full of gristle and threatens my health with an overload of sugar. Are you trying to use fair trade as a meme because I don't even know what the sticker means on products I buy or what it means if it's not there. As far as I know, charities are case by case questionable and they produce the dullest telly adverts that never change no matter how many years go by (more sub Saharan non-specific nationality Africans, presumed living in mud huts or concrete brick communal barns, always toddlers thin enough to show off every bone in their body, looking at the camera with the narrator giving them a name and saying the child is asking for help/X number of children die every day because of unclean water, and then they try to do the same thing with work in third world countries and I wonder if any of them have reasonable or achievable goals). I know I just prefer to scrutinise fruit and veg that is being marked down in price and if it's a pastry product, I know to use it within the day.
One thing that is of a concern of late with the durn global trading is what Britain is going to do outside of the EU and what we're going to have to give up to get a trade deal with Murica because it'll look good to the voting public if the ruling party gets dat fukken deal. Some people are concerned over animal well being, our farmers losing their jobs (we don't subsidise our agriculture as far as I know), chickens being chlorinated and something about hormones in beef and bad diet leading to poor quality beef that doesn't taste like what we're used to or what we like over here.
To also put a point on the nukular tech. In Bwitain we have a controversial power plant that is expensive, being built by the Chinese (do they own a part of it? Do we have to keep paying them? Are we politically and financially in debt to them? Is it going to be safe? What about the software and other technology in use?) and the French (who I think kicked in it a few times). I don't know what gruuun power generation tech there is to compete but nuclear has some issues, be they political or very real such as not enough people educated in or practicing the technology. So, we don't know how to make nuclear power cores or the associated parts. We don't know how to make wind turbines. We have to depend on others for this. Is this good? Maybe, it lets us do work elsewhere and contribute to the world that way. But maybe we don't want to be politically and physically active with some of the other countries or maybe their products are concerning.
But who gives a flying fuck, eh? I can buy a burger for a couple of quid cheaper in the corner shop if I buy Murican or grab a fidget spinner for 99p if I buy Chinese. Who gives a sod about the rest of it, amirite?
Just this bit to quote, though I've seen plenty of questionable shit since my last poststarmute wrote:People will always buy from the lowest common denominator. There's plenty of idealism abound but people do buy Chinese products due to their prices and availability. You may be different than the vast majority of people but if you are as you said you don't buy much and you don't earn anything.
As far as nuclear power goes: its clean and the best thing we have at the current moment.
Honestly your country is the home of the import. You imported tea from India, you imported wood, fruits, vegitables ect from the colonies. Your XBAWX and Playstations, your tvs and kitchen appliances are imports 99% of the time. Take a look at the labels on your clothing. Is cotton native to England? Would cotton even grow in England?
Also this bit. Tariffs are practically a necessity to prevent the country's manufacturing base from disappearing. Bit late for that at this point, so I doubt it will work even if we did put them in todayohnopigeons wrote:There is some merit to protectionism sometimes but it really should be done at the national level with things like tariffs and not the individual consumer level, that's pretty nonsensical.
Nope. They coded it so that any industry, even your own, will first buy/sell from/to your sphere of influence leader, then rest of the sphere, then the highest prestige, and only after that internal.CosmicScientist wrote: Just to say, I wish Victoria 2 modelled tariffs well. I hear they lazily coded it (as with all paradox games) to have consumers and factories buying locally/nationally first and then internationally second if needs are not met. So tariffs are just an extra tax or penalty for a dependent economy. I guess maybe it was coded like that because they couldn't or didn't want to code nation based pricing but instead a flat, global price. It'd probably be quite hard to cobble it together in the game (and then I'd complain I can't stockpile a resource to prevent global pricing from being driven down, to trick AI countries into building something I can then flood the market of or I don't know, advanced economy shenanigans that the game would let you have fun with), especially with how England's cows are the same as Indonesia's and I'm not sure if the game models import costs either.
Victoria 2 really is just a historic simulation you muck around in and then metagame where the gold and oil shows up for when playing financially incompetent minor nations. I guess I'll cross my fingers paradox thinks up something better for Victoria 3 but then that'd be up there with hoping they'll add an economy to Stellaris that isn't minerals->butter/happiness. I mean jesus christ, EU4, and dare I say, even HoI4 have some economic modelling. EU4's being the most fun or game like in practice.
The common argument is you need it in the same veins you need defense. If America suddenly gives you a bad deal on your corn, your fruits, your vegetables then you need someone to make grain.CosmicScientist wrote: I need to stop browsing leddit until they back up their memes with citations it seems. Mmm. Making ends meat. I also need to point out a problem with your source. The only reference for the web page is, I presume, a paper from the 20th century looking at the 19th century. And then there's this:So what is Britain leaving again? And who is Britain trying to get a deal with? And doesn't that country export a lot of agricultural product? Why would the British government pick up the slack? I mean, our health secretary (I think said, it was someone important) they're happy with importing chlorinated chicken because it was becoming a health scare headline but I somehow don't think we'll compete on the chicken front locally if we're open to Murican meat.Agriculture is heavily subsidised by the European Union's Common Agricultural Policy and it is not known how large a sector it would be if the market was unregulated.
Obviously it couldn't be protectionism, oh wait... it either directly contributed or was the cause.Oh and then there's this bit which is what the reference for the web page is for, really the only thing with a citation on tha tpage:>farming got shat onIn the late nineteenth century a slump badly affected arable farming, known as the Great Depression, which is usually dated from 1873 to 1896. The depression was caused by the dramatic fall in grain prices following the opening up of the American prairies to cultivation in the 1870s and the advent of cheap transportation with the rise of steam ships.
>caused by fall in grain prices
>because Murica grew loadsa grain and exported it
So if it happened once... let's not pretend it can't or won't happen again. My government are friendly to their friends, not businesses or people.
EXCEPT IT LITTERALLY IS PROPPING UP SAUDS>equating propping up farmers with propping up Sauds
>propping up sheepshaggers is equivalent to propping up nepotistic, murderous cunts
I guess letting farmers buy guns is the same as selling state guns to foreign bastards for what I hope is some 5D Middle East great game chess and not scratch my back and I'll put money in your bank account.
I'm not telling you anything. As a consumer you have all the power. If people bought things only locally then there wouldn't be a argument (however England would starve due to the fact that it couldn't support itself). If you don't like murrican bread then don't eat it. I would say that you need to look at the sources of things (like steel) and where you get them. England frankly doesn't have the natural resources to support herself, that being said due to imports it's manufacturing and service industries more than make up for it.I wouldn't want Murican bread, mainly because I hear British people go over the pond and complain it tastes like cake because of the sugar involved. I also don't want American/Scottish descended pancake culture ruining the English pancake/crepe imported from France, that's if we ignore the abomination of oat pancakes.
I don't know what morality I have, I just prefer what tastes nice and doesn't come loaded with baggage on the package. You can shut the fuck up about telling me to stop caring because capitalism and free trade have made up their minds. If I decide tomorrow that I want to save all the pigs and the cows from eternal food slavery, then telling me I have to give up my opinions because most people decided to eat meat is a shite argument.
starmute wrote:(...)England(...)
starmute wrote:(...)manufacturing(...)
The only problem with solar is it isn't cost effective and it needs other power to back it up. Maybe it will work someday but currently its not cost effective enough to be implemented. For most of us it's hard to get that amount of money without a huge loan. According to forbes it would cost you about $50,000 dollars to go solar. Take that at a average interest rate you go up to $60,000.Professor Hangar wrote:Stuff made in China is fine when it's done under total foreign supervision every step of the way so they don't cut corners with cheap materials, skip out on testing, make finished exteriors with no interiors, etc. High end and low end stuff is both made in China, it doesn't mean much. Chinese businesses who cater to higher-end or niche markets know they can't cut costs no matter how much they'd like to because their customers can and will desert them in a snap.
Maybe because I'm Australian, but hostility to solar power sounds completely retarded. You buy em, stick 'em on your roof, boom, you're your own power plant. Depending on your consumption you may never need to pay a power bill again, or even MAKE money by selling it back to the grid. Maybe it's not quite efficient enough yet for industrial purposes, but it still pays for itself eventually. Plus, you'll still have power if/when the grid fails. (Obviously, not counting for theoretical super sketchy companies or the ones that force you to put your power into the grid, but you should be avoiding those and throwing rocks at their cars anyway)
Farm subsidies being used to prop up rich assholes sounds about right, and is the result of when said rich assholes pay the government to look the other way. (despite the government paying them more) This is why politicians need to be locked up as soon as they're elected, to save time.
with current technology, assuming we were to run on 100% renewables, storing excess power when we're producing more than we're using and then putting it back into the grid when there's a renewable shortfall, assuming renewable output continues to produce the same patterns of peaks and troughs on average as it did over the last five years, the power storage needed to cover periods of low supply would entail a hydro dam the size of the cairngorms.XSI wrote:That sounds like a drawback of wind power
The biggest drawback will probably always be the inconsistency, power needs to be consistent, or your fridge will shut off when the wind dies down/you're going to need coal anyway to supplement it(Pick one)
Same for solar
Maybe in a few decades we'll have better power storage to make it more viable, but right now it's not that good
The problem with that is that when you demand change NOW NOW NOW you can stifle development in things that are genuinely better by plumping for whatever shitty marginal improvement comes first. In this case, it was ultimately unnecessary to "get things changed" because the change one step down the pipeline was far better than the thing that they were trying to ram down everyone's throats by force.Professor Hangar wrote:Problem is, screeching, stamping and demanding change NOW NOW NOW is basically the only way you're getting things changed any time remotely soon. A few people being gigantic babies and flaunting pollution because muh nostalgia is a small price to pay, and their children won't understand what all the fuss was ever about.
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