[-] ElegantBiscuit@lemm.ee 9 points 1 week ago* (last edited 1 week ago)

It’s way, way more than that. Specialization and comparative advantage underpins the entire globalized economy which is the only way to allow us to get more for the same amount of labor. Without it, we simply regress. US farmers grow soybeans so that Chinese manufactures can make the tractors to allow the US farmers to grow the soybeans, and that only works with free trade. And in this scenario there is no one else making a tractor for anywhere near the same cost, and no one else who can grow such a large volume of soybeans, otherwise the trade probably wouldn’t be happening in the first place. And so the alternative is that both countries have to make both independently. And that is more expensive without the efficiencies of economy of scale, more expensive because of lower supply because we don’t have the capacity to produce that many tractors and China can’t grow that many soybeans, and more expensive because of the infrastructure costs being duplicated and spread out over less units.

And so we both end up with less tractors and less food that are more expensive. Now add in petrochemical fertilizers imported from Canada, steel and coal for the metal used in the tractor imported from Australia, all the industries that support them also getting caught into this, and where every one of those companies is tied into their regional, national, and the global economy. And that is just for tractors and soybeans.

We trade for almost everything. And every single item that we trade, we do so because it is cheaper than making it ourselves. Tariffs are an artificial tax on efficiency, and we are literally less prosperous with them in place. Some things are a matter of national security, of not allowing a foreign government leverage over your society, but we’re talking about his genius plan to put tariffs on literally fucking everything - soybeans and tractors, but also clothing, toys, electronics, appliances, vehicles, on and on and on. And a tariff on it will increase the price, because that is just how economics works.

[-] ElegantBiscuit@lemm.ee 7 points 2 months ago

Flip flopping implies indecision regardless of validity of fact and switching without good reason. If there is good reason to switch, then it is simply making an informed decision. People who don’t change their stance when presented with convincing evidence to the contrary are cultists.

[-] ElegantBiscuit@lemm.ee 15 points 2 months ago

Power, water, internet, healthcare, education, transit, there’s a lot of things that should be public utilities or at least with a convincing public option because of the clear conflict of interest between private corporations and social benefit, but aren’t, because money controls politics.

[-] ElegantBiscuit@lemm.ee 13 points 3 months ago

The peak of irony considering the porn age ID verification laws and abortion bans they impose on people living in the states they control.

[-] ElegantBiscuit@lemm.ee 5 points 6 months ago

Just the robot dogs for now, but I’m sure they’ll be first in line when the tech is available.

[-] ElegantBiscuit@lemm.ee 13 points 6 months ago

To give you an idea of who is on the tesla board of directors, it includes Kimbal Musk, his brother, and James Murdoch, of the Murdoch family you’re probably thinking of. Musk himself owns something like 20% of the company, the board owns some, his cult members also have some share. The rest of the shareholders are either institutional or retail investors who are some combination of not willing to rock the boat, don’t have enough voting power, and/or just don’t care.

[-] ElegantBiscuit@lemm.ee 9 points 10 months ago

I don’t know how anyone could ever stand going to Costco on the weekends. Just don’t. That’s like voluntarily driving during rush hour when you have the option not to. Unless you work the exact hours that Costco is open, going on a weekday evening is so much better of an experience all around. Weekday mornings aren’t bad either. I would have to be truly desperate for gas or groceries to go to Costco on the weekend vs just waiting until Monday.

[-] ElegantBiscuit@lemm.ee 12 points 1 year ago

I also think a big part of it is how active users are counted. Saw in a different thread that it only counts accounts who have commented or posted in the last month. Well.. I browse and vote on probably an average of 30-50 posts and many of their comments every single day, but the last comment I left was over a month ago.

I also wonder if the active user count is counting people who made multiple accounts across different instances and was therefore always massively overinflated to begin with. I have 5 lemmy accounts - one on lemmy.world when I first joined, one on lemmynsfw for happy fun times, and 3 more trying to find a different instance with the de federation policy and hoster that I wanted after lemmy.world was going through their ddos downtime issue.

[-] ElegantBiscuit@lemm.ee 5 points 1 year ago

I don’t want to tell you how to play your game, but I will say that diamond is well worth the effort, even if you don’t want to get it the easy way with villagers. The amount of time you will save using diamond will more than make up for the time spent mining, and make you resent all the time you’ve wasted using stone. Just dig a tunnel down to y -59 and strip mine, you never need to see a mob or get lost in a cave if you don’t want to. A normal level 30 enchant with efficiency 4 and unbreaking 3 will last a very long time, and can be repaired infinitely if you get mending on it.

I would compare it to something like drinking instant coffee all the time and finally tasting a properly brewed, high quality coffee. Or only buying cheap shoes all the time and then investing in a proper pair of very comfortable and well made ones. Or playing video games on a 5 year old hand me down Mac then upgrading to a decent gaming pc.

[-] ElegantBiscuit@lemm.ee 11 points 1 year ago

The difference between this and 08 though is that in 08, way too many people were allowed to buy houses that were already built, taking on debt they could not handle, and speculating to an insane degree on the health of those mortgages. A structural issue with no structural cure except to bail out individual homeowners who took on way too much debt which was never gonna happen. For evergrande (as I understand it) it’s just the property developer running out of cash to pay for the construction. The homes were already paid for, so at most the house buyers will just be either SOL or directly bailed out by the government for which there is a strong case to do so, and evergrande shareholders losing their investment is not really a big deal since they’ll probably be paid out in the bankruptcy. I feel like this whole thing is a really big parallel to Silicon Valley bank, for which all the doomers were out there peddling the impending collapse of the financial system which never happened.

If anything is gonna bring down China it will be their demographic collapse, and that is impossible to fix and already manifesting. There is of course the usual argument of a huge tax base suddenly becoming a budget liability with a significantly smaller population of people to financially support them. But the big thing that will hit the private sector is the lower population causing rising labor costs which is driving away manufacturing, and the bulk of their entire industrial infrastructure is now set up for something they will no longer be very competitive in, and for a sector which young educated urban people don’t really want to work in.

[-] ElegantBiscuit@lemm.ee 5 points 1 year ago

If they can get within artillery firing range of the train line that goes through Tokmak, they can disrupt all rail reinforcement going to anywhere west of tokmak, which then puts the only rail reinforcement to crimea and the Kherson oblast through the long way across the Crimean bridge. M777 maximum range is 24.7km, they are 29km away, and are making steady progress. Russia knows this and is reinforcing which is making the entire front line weaker, and if Ukraine can keep up the pressure then we hopefully might be able to see something like Kharkiv happen again.

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ElegantBiscuit

joined 1 year ago