0 sats \ 0 replies \ @didiplaywell 4h \ parent \ on: Russia pushes 'new world order' agenda as it hosts beefed-up BRICS summit news
Let's talk as grown up people for a second and just use common sense: why 5 of the world greatest superpowers would reunite together with the explicit purpose of challenging USA world dominance if it were a "pathetic and self-humiliating world-ruler"?
Yea, exactly.
You don't build a BRICS to challenge Perú. You don't build a BRICS to challenge Cuba.
You do it because you are facing something greater than you.
BRICS is a more hyped geopolitical vapourware than UNO. I can't believe China humiliates itself by remaining in this wannabee "world ruler" role-playing, it's pathetic.
I hate all of them, but tax on property is the worst, because it ensures absolutely nothing can ever be truly yours, not even if you buy it in all law.
I live to eat. We all in our family have good appetite :D
I can not conceive neglecting food nor sleep. My IQ drops to negative values if I'm hungry or lack sleep.
Thank you for bringing another one on idioms! Love them!
USA imposed tariffs because China can and does produce goods at the best price and western factories cannot compete- own goal for 'free market' western imperialists whose economies must now pay inflated prices for all the goods that have tariffs imposed.
That's the most compelling defense on capitalist free market I have ever heard. Welcome to the Light brother!!
Tariffs are the action of desperate nations seeking to manipulate free markets which they cannot compete in and thereby those nations LOSE in terms of economic advancement and prosperity.
That's exactly not how it works, at all.
China has won the trade war because it has a cohesive strategy to maximise efficieny and outputs and is less burdened by parasitic rentseeking capital sponsors who in the west own and control government and its policies.
Anything China trades comes from the most libertarian province it haves, Guangdong, so no, you got it exactly wrong again.
China can and does manipulate prices
Funny, you still can not name a single example. Not surprising, for there's none.
Chinas emerging alternative to the USD SWIFT hegemony with its already operational CBDC DCEP potentially signals the beginning of the end for US imperialist hegemony and the rise of Chinas Belt and Road hegemony.
You absolutely do not understand how economy works. At all. No, China will go nowhere with its CBDC.
Libertarians will choke on their granola as this reality emerges.
Yea sure! Good luck!
I understand perfectly what China can and can not do. You clearly do not understand how the market itself works. The steel mill example alone is laughable: it was done entirely as per the rules of the market and China wasn't and never is the only one to operate according the rules of the market. EVERYONE around the world buys the dip, not only China.
China do not manipulates prices, it never does. In fact it has suffered from the exact opposite: tariffs impositions. That's a double example on how it's all governed by the market: China played by the free market rules, other governments out of political rhetoric imposed tariffs to Chinese imports, and China itself protested those tariffs. How so? Wasn't China the one that had control over that? Of course playing with prices only damaged both countries involved (China and the USA), as it's always the case when the government intervenes the market.
Name one example you have of China actually being able to manipulate an external market. Spoiler alert: there's none. Spoiler alert: the USA did imposed prices onto China.
There is no nation that can afford to stop trading with China because of this.
Why would anyone want to stop trading with China? China can't afford to stop trading as well: "trading" is a two-way operation, it's not one-sided. That's why China was so affected by Trump's economic protectionist measures. Utterly stupid, for sure, but it proves the point: China can not afford not to sell. So we are ALL dependent on each other. Any one-sided argument is flawed from start.
You have to be delusional to live in Latin America and claim western imperialism has not traumatised and enslaved those nations and cultures.
No, I simply have to actually know what I'm talking about.
The Spanish and Portugese literally drew the boundaries of these nations to suit their rule and domination, not the intrinsic ethic and cultural groups native to the land.
Literally not. Read some history before speaking, it makes no sense to "debate" this way. Read some, then come back and we can talk.
Argentina today has been utterly fucked by the IMF and its fiat debt slavery program directed by the USA.
No, stop speaking out of what you heard on the wind. We did that to ourselves, no one pointed a gun to our heads to get involved into the IMF.
Perhaps the new government can start to fix this and allowing Bitcoin as a MoE is a positive start in that direction.
That's on the roadmap.
Libertarians are delusional in thinking that the nation state and its ability to project power is not intricately tied to economic development
At no point, in absolutely no single source, Libertarian doctrine says the opposite. You keep on and on speaking from total ignorance. Go read, and we can talk.
China has won the trade war
Read that out loud: "trade" can't be won, for its a TWO-WAY operation. When China trades, it means that the person who buys is as dependent on China as China is on the person who sells. Even more: it implies China is obliged to buy something from the place it sold something, otherwise it will be cumulating coloured paper for nothing.
Lol you have to be joking!
No I'm not.
Have you never read any history?
Yes I do, a lot. That's why what I said is so easy to conclude. Perhaps is even more telling the fact that I live in one of the so called "colonized" countries, Argentina, where I was able to see first hand the blatant fallacy of all of those modern colonialists theories.
Completely fucked ever since European imperialists invaded
Coundn't be any more wrong. Have you ever read the history of Africa? They where weeeelll fucked up by themselves prior to the arrival of europeans, and the entire economy on the territory developed the way it did because that's how the african tribes themselves treated each other. Europeans barely played along there.
same for Latin America
I can speak for Latin America, for I live here: no, not at all.
Have you heard of the Opium Wars?
Yes, I did. Have you? The Opium Wars is an excellent example of what I'm saying, which proves that what you are saying is also wrong for the case of Asia.
Look at how the USD SWIFT fiat monetary system enables global wealth extraction
I agree, yet said hegemony is largely due to countries doing terribly on their own. The USD is and has always been a "saviour currency" here in Argentina due to how badly our own currency has been exploited by local corruption. No help from the USD needed there.
that is derived largely from the capture and control of global resources
What you are saying can be proved wrong just by actually looking information on the matter instead of just repeating the slogan. Go look for actual numbers, in any source of your choice, and you will see pretty easily your statements are completely unfounded.
Libertarian democracies are the only way to escape poverty, and that's where Argentina is now heading into. Thank god.
There's no such imperialist scheme. The most developed and wealthiest nations have the largest reserves of resources themselves. Third world countries may be rich but pale in comparison. And no country is poor for being exploited but the exact opposite: all poor nations are under-exploited. And the reason for that is that poor nations have less freedom: less freedom -> less development -> less exploitation.
In fact every poor nation under tyrannical regimes systematically finds itself having to import resources of which they have plenty but do not exploit due to under-development, which is due to tyrannism precluding entrepreneurship.
Freer societies prosper more
It's a little scary that the expression is presented as a modern revelation that wasn't already fully established more than 400 years ago...
It sounds like you are saying we get the politicians we deserve.
Yes, it's a more pragmatic way to put it. It should be stressed, because the first tendency is towards victimization, but it's as fruitful as to victimize one-self for the own errors, keeping us in an eternal loop of decadence, as the one we are seeing now.
If people didn't accept the nonsense political figures say.
I would again focus on people for that matter. Politicians are sellers, they will sell nothing but what people demand. So whenever you hear a politician saying blatant nonsense, hate him not but the no-less-than-20% of the population that already believes what he just said (so he must say it to garner those votes).
It was/is the exact same in Argentina. The previous president literally said on TV that "inflation was due to diabolic influences". To most of us it will sound like if he just got insane, but nope: by then I had already been making questionnaires on the street and an alarming percentage of people actually believed that to stop inflation the central bank had to be cleaned out of demons. It was an eye opening work: no politician ever says anything that people isn't believing already: that's where they take their material from.
Anyone you hear "repeating what they said on TV" already believes it, but they express it openly only once they get that highly official external validation, to elude the unbearable questioning of what they want/like to believe.
We must fix our communities. If we have stronger bonds the scumbags in Washington would have less power.
Yes, that's the one and only way. But again, not out of victimization in the tone of "us against that enemy" but on redemption in the tone of "us against our flaws".
As it is targeted at the rich
That's the key of every tax. It initially seems to not to touch you, so people wont notice, but with time it will steadily reach everyone, as inflation allows for the definition of "rich" to reach more and more people. That's why "being rich" is defined via fixed caps which will always be dutifully delayed in their actualization.
So, no. No tax increase is good, ever. Even if seems to not to affect you at first, it will.
I strongly disagree. One thing I have learned in this tumultuous political years in Argentina is that politicians are a crystal clear reflection of what we are as a society. They very much are us in the most fundamental sense. We must look at them with attention for they are the most reliable indicator we have respect to the current state of the population moral compass.
On the other hand, I like to strictly separate the bureaucrat class (aka modern nobility) from the civilian class (aka the plebs). Bureaucrats are distinct from politicians in that they remain hidden, leaving people to fight its own reflection (politicians) while they silently profit on the privileges people not only wont question but even will demand ("the state should regulate this!!").
183 sats \ 1 reply \ @didiplaywell 18 Oct \ parent \ on: Why stablecoins and stablechannels are dumb bitcoin
None of your assumptions correlate to reality. It's the reason stablecoins have such a huge market.
114 sats \ 0 replies \ @didiplaywell 18 Oct \ parent \ on: Why stablecoins and stablechannels are dumb bitcoin
Exactly. Peter is right.
It will remain like so for a couple of years still. I'm working on a solution to that problem, will share the whitepaper once it's finished.
For instance, you can read the background of the problem in this short post of mine:
The Paradox of Bitcoin Adoption
It's the problem I'm aiming to solve.