waveparticle

cg27 said:

I feel sorry for the average Chinese citizen, you know, the ~1.3B folks that have to breath dirty air; couldn’t have more than one kid, and now that they’re able to have more and are even being encouraged to do so they can’t afford it; live in fear of crossing the government and ending up in prison and/or as involuntary organ donors; living with the shame of the whole world knowing that your country blatantly steals technology because it would have been impossible to catch up; joining with fellow sickle and hammer Ruskie comrades for war games, etc etc.

Perhaps it’ll be good if their population halves.  Better for the environment, better for their standard of living in the long run.  700M people is still quite large.  

Intel and TSMC are investing heavily in new state of the art plants in Arizona.  I’m sure they’ve done the math and figured out they can make substantial profits producing in the U.S.

The U.S. is far from perfect but anyone defending the CCP is a fool.  At some point there will be a revolt, not just some guy symbolically standing in front of a tank.

entropys said:

waveparticle said:

22july2013 said:

Xed said:

LOL I can't wait to hear the contortions of people ... that hate private US companies from doing any business outside the US, especially in China.

I buy from non-dictatorships any time I can, even when it costs more. But I don't hate. Don't make it sounds that I'm motivated by hate. I'm motivated by love for freedom and democracy. 

If you want to imagine that I'm motivated by hate, I guess that's your right to be wrong.

Are you an American? You are illogical. You do not live in China. Why are you afraid of losing freedom and democracy because of China? 

Well I agree with them.
US is not capitalist.  Government and corporate are intertwined. While no longer solely owning the means of production, the government still controls the means of production. Price does not reflect cost.
Biden is just following Trump's plan to sell the stupid capitalists enough rope to hang themselves, although this time it might pull it off.   Used to be pretty sanguine about this stuff, but it is clear the US leadership has legacy plans, and is increasingly aggressive on the international stage.

crowley said:

waveparticle said:

GeorgeBMac said:

waveparticle said:

foregoneconclusion said:

Crypto is not "currency". It's a form of speculative investment. People buy crypto hoping to hit the jackpot with big spikes in valuation. That isn't what currency is for. 

It is gambling. 

Every investment that is not guaranteed (like a bank deposit in a U.S. bank) is gambling.

It's just that some gambles are riskier than others.  "Investments" in things with no intrinsic value like gold, jewels, BitCoin, art or an Apple 1 that was made by the Woz (half a million $!) are some of the riskiest.

Bitcoin is virtual. It is like chips in a casino. You use chips to play slot machine or black jack. When you win dealer gives you more chips. 

Chips in a casino aren't virtual, they exist.  And you don't generally use Bitcoin to play slot machines or black jack.  Nor can you mine casino chips.  So they're not really alike at all.

GeorgeBMac said:

waveparticle said:

foregoneconclusion said:

Crypto is not "currency". It's a form of speculative investment. People buy crypto hoping to hit the jackpot with big spikes in valuation. That isn't what currency is for. 

It is gambling. 

Every investment that is not guaranteed (like a bank deposit in a U.S. bank) is gambling.

It's just that some gambles are riskier than others.  "Investments" in things with no intrinsic value like gold, jewels, BitCoin, art or an Apple 1 that was made by the Woz (half a million $!) are some of the riskiest.