Six years later, less so.
Though advantage does not immediately translate to leadership, I suspect many underestimate China in the cloud - pic.twitter.com/TXIPk9TE5u
— Simon Wardley (@swardley) January 22, 2016
"Fifty-nine percent of those polled said they believed China will become more powerful than the U.S. within 10 years" - https://t.co/3vN4I1TjwP ... I hate to break it to you but it already is in many areas.
Six years later, less so.
We will ultimately face a more advanced, more wealthy and more equal society ...
Me : No, this has been going on since the 1990s. There has been no effective counterplay to the long game that Deng Xiaoping started. Just hubris, arrogance and exceptionalism with annual Economist articles on "How China will fall".
Me : Nothing sensible other than to adapt. Longer term, you need to get rid of concepts like the "playing fields of Eton" and revitalise leadership. Start with the whole "Me" vs "We" discussion. It'll be a long journey.
Me : You can either do good and educate people or you can manipulate perception and behaviour. The latter is now so cheap (thanks social media), that we will probably respond with more manipulation and denial until it is unsustainable.
Me : Any discussion (including "Me" vs "We") ultimately will lead you to the woeful state of leadership. You're asking me why a bunch of "leaders" are going to try to avoid any discussion on woeful leadership? Because they don't believe it ...
Me : "Today", in that table, was 2015. We're half way through it.
Me : It's a long game. You'd have to rewire education especially in the US. Even basic economic understanding is distorted through belief in that culture's past success. So, unlikely in your lifetime even if you set off with good speed.
Me : China "managed" it last year. They're rapidly growing - https://t.co/rt18db5jW0 ... we're still messing around with not doing lockdown properly, failing on test and trace, not learning, arguing over masks and hoping vaccines will sort it all out.
Me : Quite the opposite. I believe that love is best shown by a willingness to have those difficult conversations and not by pretending that everything is great.
Me : True but generally people only say that when they don't like what it is saying. If they like what it is saying then it's an excellent measure.
X : But is China's growth sustainable?
Me : Watch China start to "tackle inequality"
Me : Exceptional economic play, mixed model with context. Hats off to China Gov.
Me : I would look at Haier, Alibaba and others. There are only a few corporates keeping the West in the game e.g. Amazon which Western Gov's are always talking about "splitting up" because ... well, it's the daft thing to do?
Me : How to improve our position?
X : Yes.
Me : You need to find your Deng Xiaoping. Your problem is that she is likely to be living on a council estate, trying to hold down two jobs in a pandemic to feed the family and you've got no way of finding her.
Me : Do what we always do. Pay some big name management consultancy or think tank to write a report.
X : Will that help?
Me : No but it's all we know. Long path before we can fix this. Just adapt and try to learn from China.
Me : Oh yes it is ... https://t.co/F3lpviYBGc ... especially since we live in a system governed by luck and power laws rather than some form of meritocracy based upon talent and ability.
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Trump is gonna let the Mueller investigation end all on it's own. It's obvious. All the hysteria of the past 2 weeks about his supposed impending firing of Mueller was a distraction. He was never going to fire Mueller and he's not going to
Mueller's officially end his investigation all on his own and he's gonna say he found no evidence of Trump campaign/Russian collusion during the 2016 election.
Democrats & DNC Media are going to LITERALLY have nothing coherent to say in response to that.
Mueller's team was 100% partisan.
That's why it's brilliant. NOBODY will be able to claim this team of partisan Democrats didn't go the EXTRA 20 MILES looking for ANY evidence they could find of Trump campaign/Russian collusion during the 2016 election
They looked high.
They looked low.
They looked underneath every rock, behind every tree, into every bush.
And they found...NOTHING.
Those saying Mueller will file obstruction charges against Trump: laughable.
What documents did Trump tell the Mueller team it couldn't have? What witnesses were withheld and never interviewed?
THERE WEREN'T ANY.
Mueller got full 100% cooperation as the record will show.
BREAKING: President Donald Trump has submitted his answers to questions from special counsel Robert Mueller
— Ryan Saavedra (@RealSaavedra) November 20, 2018
Mueller's officially end his investigation all on his own and he's gonna say he found no evidence of Trump campaign/Russian collusion during the 2016 election.
Democrats & DNC Media are going to LITERALLY have nothing coherent to say in response to that.
Mueller's team was 100% partisan.
That's why it's brilliant. NOBODY will be able to claim this team of partisan Democrats didn't go the EXTRA 20 MILES looking for ANY evidence they could find of Trump campaign/Russian collusion during the 2016 election
They looked high.
They looked low.
They looked underneath every rock, behind every tree, into every bush.
And they found...NOTHING.
Those saying Mueller will file obstruction charges against Trump: laughable.
What documents did Trump tell the Mueller team it couldn't have? What witnesses were withheld and never interviewed?
THERE WEREN'T ANY.
Mueller got full 100% cooperation as the record will show.
Here we go. Tag 4 des Impeachments. Trumps Verteidigung.
Es wird argumentiert, dass Trump nur habe sicherstellen wollen, dass die Wahl fair abgelaufen sei. Die Verteidigung zeigt Clips einzelner Demokraten, die der Zertifizierung von Trumps Stimmen 2016 widersprechen. (Dass es 2016 keinen von Obama gesandten Mob aufs Kapitol gab?Egal!)
Die intellektuelle Unehrlichkeit ist so unfassbar, ich weiß kaum, wo ich hier überhaupt anfangen soll; so viele fucking Strohmänner auf einmal.
Die Verteidigung spielt random Clips, in denen Demokraten “fight” sagen, fast zehn Minuten lang. Weil Trump 20mal am 6. Januar “fight” gesagt hat. Dies ist kein Witz. Komisch, dass sonst die Folge nie war, dass ein Mob das Kapitol gestürmt hat und Pence hängen wollte
“Dieser Fall geht um politischen Hass” Ich mein, ja. “Die House Managers hassen Donald Trump.”
So close.
Michael van der Veen begins Trump's defense: "The article of impeachment now before the Senate is an unjust and blatantly unconstitutional act of political vengeance" pic.twitter.com/xRaZHEPIaC
— Aaron Rupar (@atrupar) February 12, 2021
Es wird argumentiert, dass Trump nur habe sicherstellen wollen, dass die Wahl fair abgelaufen sei. Die Verteidigung zeigt Clips einzelner Demokraten, die der Zertifizierung von Trumps Stimmen 2016 widersprechen. (Dass es 2016 keinen von Obama gesandten Mob aufs Kapitol gab?Egal!)
Die intellektuelle Unehrlichkeit ist so unfassbar, ich weiß kaum, wo ich hier überhaupt anfangen soll; so viele fucking Strohmänner auf einmal.
Die Verteidigung spielt random Clips, in denen Demokraten “fight” sagen, fast zehn Minuten lang. Weil Trump 20mal am 6. Januar “fight” gesagt hat. Dies ist kein Witz. Komisch, dass sonst die Folge nie war, dass ein Mob das Kapitol gestürmt hat und Pence hängen wollte
WATCH: Trump's defense plays nearly 10 minutes of clips showing Democrats using the word "fight," to defend Trump using the word "fight" about 20 times in his speech to supporters before the Capitol riot began https://t.co/YUg7sgxuDX pic.twitter.com/3eMNp7E2S2
— CBS News (@CBSNews) February 12, 2021
“Dieser Fall geht um politischen Hass” Ich mein, ja. “Die House Managers hassen Donald Trump.”
So close.
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So the cryptocurrency industry has basically two products, one which is relatively benign and doesn't have product market fit, and one which is malignant and does. The industry has a weird superposition of understanding this fact and (strategically?) not understanding it.
The benign product is sovereign programmable money, which is historically a niche interest of folks with a relatively clustered set of beliefs about the state, the literary merit of Snow Crash, and the utility of gold to the modern economy.
This product has narrow appeal and, accordingly, is worth about as much as everything else on a 486 sitting in someone's basement is worth.
The other product is investment scams, which have approximately the best product market fit of anything produced by humans. In no age, in no country, in no city, at no level of sophistication do people consistently say "Actually I would prefer not to get money for nothing."
This product needs the exchanges like they need oxygen, because the value of it is directly tied to having payment rails to move real currency into the ecosystem and some jurisdictional and regulatory legerdemain to stay one step ahead of the banhammer.
If everyone was holding bitcoin on the old x86 in their parents basement, we would be finding a price bottom. The problem is the risk is all pooled at a few brokerages and a network of rotten exchanges with counter party risk that makes AIG circa 2008 look like a good credit.
— Greg Wester (@gwestr) November 25, 2018
The benign product is sovereign programmable money, which is historically a niche interest of folks with a relatively clustered set of beliefs about the state, the literary merit of Snow Crash, and the utility of gold to the modern economy.
This product has narrow appeal and, accordingly, is worth about as much as everything else on a 486 sitting in someone's basement is worth.
The other product is investment scams, which have approximately the best product market fit of anything produced by humans. In no age, in no country, in no city, at no level of sophistication do people consistently say "Actually I would prefer not to get money for nothing."
This product needs the exchanges like they need oxygen, because the value of it is directly tied to having payment rails to move real currency into the ecosystem and some jurisdictional and regulatory legerdemain to stay one step ahead of the banhammer.
