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Old 02-13-2019, 09:37 AM
 
7,553 posts, read 6,985,727 times
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There is a lot going on worldwide to track the citizens of every country.

In Europe, it's illegal to wear masks and disguises in public since they have cameras using facial recognition software to track people everywhere and especially targeted to identifying people who are protesting government policies. Remember in the US that the Patriot Act makes it an act of terrorism if you are trying to change government policy.

In the US and Europe, automated license plate readers are used at postal offices and many other places to track individuals by their vehicles.

Walmart sells its surveillance footage to the government. Facial recognition and transaction data can be used to locate people and add on to a database of locations for each identity.

There are cameras in the smart TVs and other devices. You get messages after a certain time if they don't detect movement. They can be used for surveillance

What you type into social media is being recorded and analyzed. Many of the sting operations are initiated from the online presentations and conversations. The stings are only the tip of the iceberg since investigations are initiated before they commit resources.
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Old 02-13-2019, 10:33 PM
 
Location: Silicon Valley
3,335 posts, read 1,455,994 times
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It really depends on the goal. Europe is aligning itself with America on the matter. We should be in no hurry to resolve this. If we go into recession, we'll blame Trump and get a new leader. If China goes into recession, the communist party will be at risk for running China.
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Old 03-04-2019, 03:03 PM
 
Location: West Coast of Europe
20,306 posts, read 18,805,904 times
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I think China should be prouder of its way, which has served it well. They should not change anything about their belief and investment in state-run companies. Demands from the West that China should become less state-run are just silly, just as silly as if China asked the US or Europe to have more state-run companies. Our way is just that, our way, but not any natural law or ideal to emulate.

China is so huge, it is a world of its own. They have to make sure they have powerful companies themselves before they open up. They should not make the mistake others have made, namely open up and allow foreigners to dominate entire industries and rip the country off, without being able to defend itself. That is also part of their program to achieve technical independence within a few years. It makes total sense in view of the abuse of sanctions as a political means.

After all, the Chinese people is all the Chinese government has to care for, not US or Europeans' wishes and companies.

If the West does not like Chinese limitations to foreign investment for instance, all the West needs to do is treat Chinese companies the same way when they want to invest in Western companies. And I think that is happening, anyway, some takeovers have been refused.

Regarding industrial espionage, I read the other day that Chinese companies are also targets of a whole lot of espionage on the part of governments from the West, particularly France, Britain, the US and Israel. But the Chinese are not whiners.
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Old Yesterday, 08:55 PM
 
6,819 posts, read 2,825,161 times
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Originally Posted by aridon View Post
The United States is equally dependent on our 3% growth from debt (our boom time growth rates have been shrinking rapidly). So debt fueled growth isn't anything unique to China. There will always be challenges with any economy, however there is far more that can be done in China than here.

They have a massive under class that they can exploit and don't particularly care about. More and more of this under class is rapidly advancing into the middle class as well. So you end up with a unique situation. If prices go up and people die, **** 'em, expendable. 80% of their economy is rural or migrant workers. This is a massive pool for their middle class to grow from and growing it is.

Our situation is different. We have virtually 0 population growth. We have peaked and have a mature service based economy. Our middle class is being stretched, the top end is doing great but the bottom half is having a harder time moving up. Lower class has seen a lot of stagnation, real wages are likely lower over time. Regardless, the mobility in our economy at the fattest part is diminishing and this trend is likely to continue as more and more competition for outsourcing pushes more of the middle class out.

We also have a ton of economic issues that we haven't been able to address. Social Security is a big one. Same with excessive military spending. We have massive deficits yet are in supposedly a "good" economy. All of these things are going to require either massive spending cuts (bubble deflation) and/or tax increases. Regardless of how you do it, these items are going to be huge albatrosses over the next 20 years or so.

Outsourcing is only going to continue. The rest of the world is getting educated and competition is heating up for everything. Programmers, lawyers, engineers, accountants, realtors, etc. There is a ton of work that we have here which can be outsourced or done through machine learning / technology.

So what exactly are we waiting for?

China to open its markets? Why?

Let me put it this way. China holds all the cards. We had a chance to offset some of that with TPP but we foolishly pulled out of that. Our companies and every other company in the world wants to do business there and in Asia because that is where the growth is and will be.

China is playing the long game. We are playing the short, retarded game. What makes you think that China is going to suddenly give away all its leverage and let everyone into its markets? They won't. They don't have to and they won't unless they get what they want. 10 years, 50 years, 1000 years, they don't care. Simple numbers says they are going to dominate, just a matter of when.

The only thing they are waiting for and attempting to delay is the current administration in any way shape or form from raising tariffs again. Not because they are going to give in, they won't. They are stalling because every 90 days they "negotiate" and waste time that is time that tariffs aren't in place. They know as well as most people that the current administration is likely to face an uphill battle for reelection and in a relatively short period of time all of this will be over.

That is what they are waiting for.

The United States waiting? That is foolish. The only thing we are waiting on is a negative rate experiment when the next recession comes and at best maybe we crawl out of it with 1 or 2% growth for our boom cycle.
You are failing to account for a full blown shooting war or a nuclear exchange which is inevitable. The US people are not just going to give up your life styles without a fight and we have a lot of nuclear weapons. It will likely end up in a civil war as well against our own mega corps.
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Old Yesterday, 09:01 PM
 
8,912 posts, read 4,203,614 times
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Quote:
Originally Posted by aridon View Post
China is playing the long game. We are playing the short, retarded game. What makes you think that China is going to suddenly give away all its leverage and let everyone into its markets? They won't. They don't have to and they won't unless they get what they want. 10 years, 50 years, 1000 years, they don't care. Simple numbers says they are going to dominate, just a matter of when.

If that were true, China would already dominate. They have existed thousands of years longer than the USA and have always dwarfed our numbers.
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Old Yesterday, 09:02 PM
 
8,912 posts, read 4,203,614 times
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Quote:
Originally Posted by jnojr View Post
The idea of the Western world "waiting out" the Eastern world is patently ridiculous to anyone who knows anything at all about their culture. The Chinese are a people who plan decades out. We can't even successfully plan to the day after the next election.

And yet, somehow... the Western world rules the world.
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Old Yesterday, 11:43 PM
 
2,374 posts, read 1,308,851 times
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Quote:
Originally Posted by pittsflyer View Post
You are failing to account for a full blown shooting war or a nuclear exchange which is inevitable. The US people are not just going to give up your life styles without a fight and we have a lot of nuclear weapons. It will likely end up in a civil war as well against our own mega corps.
One if the dumbest things I've read here today. Thanks.
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Old Yesterday, 11:49 PM
 
2,374 posts, read 1,308,851 times
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Originally Posted by oceangaia View Post
If that were true, China would already dominate. They have existed thousands of years longer than the USA and have always dwarfed our numbers.
Our companies want access to their markets. Asia will drive demand of the future simply because of the numbers. Europe and the United States have peaked. If we aren't careful we will crumble from within like the Soviet Union.
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Old Yesterday, 11:52 PM
 
6,819 posts, read 2,825,161 times
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Originally Posted by aridon View Post
One if the dumbest things I've read here today. Thanks.
Ok just wait and see
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Old Today, 11:07 AM
 
8,912 posts, read 4,203,614 times
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Quote:
Originally Posted by aridon View Post
Our companies want access to their markets. Asia will drive demand of the future simply because of the numbers. Europe and the United States have peaked. If we aren't careful we will crumble from within like the Soviet Union.

You win the dumbest internet of the day. Our situation has no resemblance to that of the Soviet Union. None. Zip. Zero. Zilch.
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