by John Galt » Fri Mar 18, 2022 11:44 am
the west likes cheap stuff. of course we like cheap stuff. we like how china has to buy our debt in order to keep selling us cheap stuff. we like all these things. but outside of cheap knock-offs, Xi holds no cards. we don't actually need cheap shit, we can find others. and frankly, with the supply chain issues, there's no time like the present anyway
putin nuremburg-vibing today with a rally in moscow while wearing a turtle neck and a puffy coat like your basic karen and it's just astounding what is going on there. yesterday he was lashing out at traitors who leave the country -- the brain drain is going to set back russia for decades. in fact, the brain drain is the most dangerous part, not for Putin, but for Russia. once Putin is removed (and he has to be for this to be concluded), for Russia to be accepted back into the global community, and have any hope of joining its neighbors in the west, it needs to make serious reforms to its government structure. with the brain drain, they are at high risk of relapse to typical Russian behavior. this cycle will just go on and on.
Americans learn only from catastrophe and not from experience. -- Theodore Roosevelt
My life has become a single, ongoing revelation that I haven’t been cynical enough.