A few notes on @TheProspect article on "The China Hack"

In general, it presents a critique of American political economy as overly dominated by corporations (including non-profits, that is, universities) that sell out US national interests (principally considered in the national security sense) for profit.
Much of the argument is based on US military contractors seeking profits in China and pushing the US government to allow transfers of what should have been obvious dual-use (commercial but also military) technologies.
The tone of the piece is harshly critical of prior engagement, but the policy recommendations are mostly limited interventions pushing for more engagement on better terms.
What the piece did not have as much on but made me think about were counterfactuals, especially in geopolitics.
It's a dyadic discussion--US & China--which is fine. But shifting the nature of that relationship, especially decades ago would have made a very different world. Europe and European firms likely would have been the beneficiaries with America and American firms less central.
1. The quick mention of the Soviet Union has the history a bit backwards--Nixon's overtures to China were about profits but also expanding US influence and alienating the USSR as much as possible, not a consequence of the collapse of the Soviet Union.
2. While I'd prefer government rather than corporate led engagement, one is left wondering about the course of history if the US ignored China. We'd have seen much more European-Chinese collaboration and engagement, with European firms coming to more prominence.
3. More tension in the cross-Atlantic relationships as Eurasia clearly becomes the world's core economic unit, even if US remained the largest individual country.
The China-EU trade deal that recently was signed is one sign of this in our reality, as is this German-Chinese agreement about standards. https://t.co/yChMLVxsw6
Corporations control too much US governance, including the relationship with China, which China came to understand and take advantage of. But if we did things differently, we'd have a different world.

More from Culture

I'm going to do two history threads on Ethiopia, one on its ancient history, one on its modern story (1800 to today). ๐Ÿ‡ช๐Ÿ‡น

I'll begin with the ancient history ... and it goes way back. Because modern humans - and before that, the ancestors of humans - almost certainly originated in Ethiopia. ๐Ÿ‡ช๐Ÿ‡น (sub-thread):


The first likely historical reference to Ethiopia is ancient Egyptian records of trade expeditions to the "Land of Punt" in search of gold, ebony, ivory, incense, and wild animals, starting in c 2500 BC ๐Ÿ‡ช๐Ÿ‡น


Ethiopians themselves believe that the Queen of Sheba, who visited Israel's King Solomon in the Bible (c 950 BC), came from Ethiopia (not Yemen, as others believe). Here she is meeting Solomon in a stain-glassed window in Addis Ababa's Holy Trinity Church. ๐Ÿ‡ช๐Ÿ‡น


References to the Queen of Sheba are everywhere in Ethiopia. The national airline's frequent flier miles are even called "ShebaMiles". ๐Ÿ‡ช๐Ÿ‡น

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Simple and effective way 2 make Money


Idea 1:- Use pivot level like 14800 in case of nifty and sell 14800straddle monthly expiry (365+335) exit if nifty closes on daily basis below S1 or above R1

After closing below S1 if it closes above S1 next day or any day enter the same position again vice versa for R1

Idea2:- Use R1 and S1 corresponding strikes multiple
Incase of R1 15337 take 15300ce
N in case of S1 14221 use 14200pe
Sell both and hold till expiry or exit if nifty closes below S1 or above R1 around closing
If the same bounces above S1 and falls below R1 re-enfer same strikes

Use same criteria for nifty, usdinr and banknifty

(This is must)Use this margin rule for 1lot banknifty pair keep 4Lax margin
For nifty one lot keep 3Lax
For usdinr 100lots keep 4Lax

I bet you if you do this on consistent basis your ROI will be more than 70% on yearly basis.

Couldn't explain easier than this

Criticisms are most welcomed.