Basically too much power was concentrated into Xi and thats going to have bad results for china.
Nice condemnation of over-centralization of power. Kind of parallels what Janusz Korwin-Mikke said about the strength of monarchy, that one man is incapable of handling many issues and so must leave the people greater freedom. That would be the wise approach, to limit yourself when you have limits. Whereas China has taken the unwise approach, "just make it work!".
You're comment really made me think of Yes Minister. We're worse now for size of government, centralization and inability to act than they were when they were mocking it.Chinese history is very much an object lesson on why you should never let bureaucrats take over your society.
You're comment really made me think of Yes Minister. We're worse now for size of government, centralization and inability to act than they were when they were mocking it.
Dan Tubb on the Lotus Eaters does a series called Brokenomics, where he mentions that the vulnerability of the economy comes from all the moves made to offset the effects of national debt (in every developed economy) which stems from government over-spending, which mostly comes from the perpetual increase in the size of government. He also compares the modern economy, which has constant inflation, with the pre-modern one in which inflation and deflation mostly canceled each-other out. It's an incredibly depressing series.I honestly think that a lot of the wests core problem is that the size of government has become too large for the underlying economy to bear. I mean historically speaking you normally had 3% of the population working directly for the government now look at today.....
Yet for SOME inexplicable reason, we have.Chinese history is very much an object lesson on why you should never let buracrats take over your society.
Modernity is a birchYet for SOME inexplicable reason, we have.
Yeah, but antiquity was a fir. Douglas fir, IIRC.Modernity is a birch
Reject tree, return to shrub.Yeah, but antiquity was a fir. Douglas fir, IIRC.
We are the Knights who say… Ni!We demand a shrubbery, Ni.
Translation russia moves nukes world yawns.
You are both right. You are talking about having any nuclear bases. He is talking about having nuclear bases with meaningful military value and effectiveness. Those are not the same thing.His point about what it takes to make a nuclear base sounds a lot like BS.
Oh wow! Look at all that infrastructure and IT. Hell, the US military got into hot water a while back because our own silos were using reel-to-reel computers.9K52 Luna-M - Wikipedia
en.wikipedia.org
About what? I don't follow him that closely.Pretty crazy how in six weeks China proved Peter entirely wrong.
About what? I don't follow him that closely.
From what I've seen, not reliant on the Zeihan, China is completely fucked no matter what international diplomacy they do. Their demographics, their culture, their military, their economy, everything is broken.Basically, his whole China schtick is they are currently collapsing. Instead, in the past six weeks they've flipped the Middle East, much of Latin America, ASEAN, and now the Europeans. That's not a declining power, that's the new Superpower.