Oil still trades on a world market. Yes, it's a benefit to china in the short term, but any oil they get from Russia is oil they're not taking from us or OPEC. If you want the US to have "energy independence" you should be happy we're giving less of our oil to China.
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Are the Democrats about to cook up a fake war
- Thread starter 2surf
- Start date
What am I supposed to be seeing in this
I've heard Putin shows up late as a flex, is that it?
Little has changed between the Turks and Russians in 500 years.What am I supposed to be seeing in this
Look at his facial expressions. His tics. He's loosing his sh!t. He's fidgeting like a kid who get sent to the principal.What am I supposed to be seeing in this
He might be on Ritalin.
The leakage suggests stress.Yeah I noticed that. Maybe he was born that way
You got to figure he's in a high stress situation.
This raised some interesting questions about GDP:
We’re told this about CA’s GDP also, but when you drill down into it most of it is FIRE, education, and other services and very little is Ag or mfg - stuff you can eat or shoot at an enemy. How very different than in the early 20th century.
We’re told this about CA’s GDP also, but when you drill down into it most of it is FIRE, education, and other services and very little is Ag or mfg - stuff you can eat or shoot at an enemy. How very different than in the early 20th century.
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What's wrong with having a service based economy if someone is willing to pay a high price for it? Providing specialized knowledge based services requires far less of an environmental impact and much higher returns. Commodities, while essential to a certain extent, are a race to the bottom price wise.
Let's look at an example in terms of real power. How does the rate of steel production in China affect the supply chains of global steel inputs? How does it compare to ours? How does the steel production industry feed into the shipbuilding industry? At what rate is China building surface combatants and submarines compared to the US? How many total does each country have? At what rate are we decommissioning them vs. building them? How will this affect which nation controls the global sea lanes of communication (SLOCs)?
USA is #3 in the world for steel production. I think we'll be fine and we can produce more if needed. Military use of steel is <5% of what is produced domestically.
I would agree that an economy too heavily weighted in services has the potential to be disastrous, and the same is true with being heavily dependent on commodities (see Venezuela and Russia). Services have potentially near limitless margins and high profitability relative to inputs, but you can't eat them or build a house with them. Whereas commodities are required for everything we build and use, but in terms of profitability they are at the mercy of world markets and the margins are slim.
As with everything, you can make a stronger argument for being strong with both.
I'm actually somewhat encouraged that we still make steel. Our shipbuilding has fallen way behind China. We were the dominant shipbuilder in the world when we rose as a naval power. We are now decomissioning naval ships faster than we're building them.
BAP on the Abuse of War
Submitted by BAP Ye say it is the good cause which halloweth even war? I say unto you: it is the good war which halloweth every cause. War and courage have done more great things than charity. Not …
theamericansun.com
The War in Ukraine: How It Ends
theaquilareport.com
Biden admin just giving China our precious Strategic Petroleum Reserves from this latest drainage (at least $6 million worth) meant for domestic emergency only.
Nothing to see here. China pwns Biden.
I'm in violent agreement with Zelensky here:
He should immediately cast off our yoke and stand on his own two feet.
There is still time!
Did this age well or not now that Finland and Sweden on on their way to join NATO?
What have they learned?
Keeping bread on your plate since 1776
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