trevorboaconstr

So let me get this straight, in your mind, every person making below, say, 35K, is a barely employed, social services using, bike stealing bum?

I’m gunna be honest, if we’re making broad generalizations now, silicon valley snobs are by far the most selfish, inconsiderate, lack of empathy having, inflated ego persons in the entirety of the country. Texas and Arizona needs to be bussing those immigrants to SF area and not NY.

^And both are equally insufferable in their perceived self importance to the world.

Too bad I’m not a Roman Emperor, or else I’d host weekly public bouts where I’d pit them against one another in a fight to the death.

If subprime was heart of 2008 financial turmoil, future crisis may centre on private markets. Investors have ploughed c. $9.8tn into opaque, unlisted equity, private credit & early stage/venture funding. Could this blow up? Is their enough leverage?

I understand what you’re saying. I see the data. That’s why I clarified my statement with —- if ‘resource parity’.

I think the data, while true, doesn’t do a great job of illustrating culture, tradition, education policy, and industrial policy.

That’s just my interpretation though. Like I said, knowing what I know about India and China in conjunction with their large populations, and their potential for increased growth and resource development, I don’t feel like it’s anything you should be spilling tea over. I would be more concerned if the US had a drop in total yearly publications rather than being overtaken.

I think it’s just a matter of proportion. Numbers. China has nearly 100 million more registered drivers that the US has total population. As resources come to parity I think it’s kind of impractical to try to out-compete a country that has nearly 4X the population on purely a numbers basis. Pick strategic areas of research that are of deemed importance and compete efficiently and with smarts.

Sure, even if the US was number 3, I would be asking, “guys, let’s get it together.” But countries like India and China are going to make their contributions known on the basis of size alone. If these countries had similar per person resource allocation as the US does, I wouldn't be surprised if they generated 3-5x the output.

God, if this is true this guy is a trade A moron (like that wasn’t already true).

He probably sold nuclear secrets to the Saudis.

How will Trump supporters defend this?

I mean, what is there to say? China has poured billions into research and education. That coupled with a culture that puts great emphasis on education, it’s not surprising. The US is much more (culturally) Laissez-faire when it comes to education. The US can promote, but if people aren't interested…well, not much you can do.

Why don’t people just do things that use less water?

So, your position is that this century long trend of globalization is over and all systemic mechanism that enable it will somehow, someway, cease. Or, what exactly? What is your position? Because, if for example, the crisis in Ukraine has shown, countries need more diversification, not less.

No, I don’t think so. The last few years have been no more than a speed bump in the 100 year trend of increased global interconnection.