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    Friendshoring? Or Another US Centric Effort?

    https://fortune.com/2023/04/06/us-trade-representative-katherine-tai-friendshoring-trade-tariffs/ POLITICS TARIFFS AND TRADE Top U.S trade negotiator says allies annoyed about Washington’s policy should stop complaining and propose their own ideas. Katherine Tai called for a strategy of what's...
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    Australia’s property boom making the nation poorer

    Australia has always used one constraint or another to justify limiting immigration, except from the UK. The country is essentially a mount of gold on which barely 22 million people live. Why would they care about growth when there's enough wealth in the ground to supply the world with...
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    Australia’s property boom making the nation poorer

    Try to grasp this.... It took longer to decommission the old and build the new section of the Bay bridge than it took to build modern Shanghai, including the international airport, Maglev train to and from airport to downtown Shanghai, all freeways around the megalopolis, the entire subway...
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    Angry Men

    Meh, an article I read that I found interesting enough to post here.
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    Australia’s property boom making the nation poorer

    Australians' college education is heavily subsidized by foreign students who pay full tuition. Universities have sales teams to entice Chinese and Indian students to study on their campus. In turn, it gives the Australian government a pool of college graduating students willing to settle in...
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    Australia’s property boom making the nation poorer

    My kid's looking at colleges in a couple of years and we're looking at McGill in Montreal or Melbourne Uni. Typical college studios are 3x more expensive to rent in Australia than Canada.
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    Australia’s property boom making the nation poorer

    Interesting... Who is paying taxes?
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    AI and Trading

    Making a lot of assumptions... Those content creators who can make money on YouTube are people whose content people like. I remember watching her content in 2019, at that time YouTube clearly was a new medium to her and trading was her conduit. She's not over the top like so many American CCs...
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    AI and Trading

    Thanks @easymon1, it's interesting to see people sticking their fingers in ChatGPT and AI to see if and what it can do for traders. Some of the comments following her video were interesting as well, such as differentiating ChatGPT (regurgitating bot) from AI (learning bot), although she did...
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    AI and Trading

    And why do you say that? She's on YouTube and making more money there than you do (and I have no idea who you are and what you do). What makes you say she doesn't also make more money than you trading?
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    AI and Trading

    That's why their cars manufacturing suck, like Ferrari or Alfa Romeo, Ducati motorcycles, how about the giga press that only Italy makes that everyone wants now that Tesla is using them... Dumb sobs, who move to the nordic because who wants to live in Italy anyway, right?
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    Merit based economies and capitalism

    Exactly. Latest report on COVID-19 I read shows AZ and NM (also District of Columbia) are the states that had the highest deaths in the country. That's bad enough, but it turns out they had as many deaths as the worst impacted countries in the world, like Peru or Russia. I keep repeating that...
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    Revolut doesn't pass the smell test

    https://www.theblock.co/post/223925/revolut-audit-accounts-board-response COMPANIES • MARCH 30, 2023, 4:54AM EDT Revolut’s board frustrated by its audit response: Financial Times by Ryan Weeks The Block | Provided by Revolut Quick Take Digital bank Revolut recently filed its accounts for...
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    Unions Abuse Affect Competition

    Once employers lose control of their workforce to the union apparatchiks the work dynamics slows to a crawl. Everything to details become points of contention and negotiations. It's absolutely fair for employers to scrutinize all benefits given prior to unionizing and there are vendors who...
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    Unions Abuse Affect Competition

    Why not? What's the "union busting expense" that the politician wants him to acknowledge? I'm sure that's not what the law is called. Would you opt out of taking a deduction if it was offered to you? His accountants did their job. If enough Democrats can repeal that law, then he won't...
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    Unions Abuse Affect Competition

    I think he said a I think he said it a few times... He followed the laws that Congress passes.
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    Unions Abuse Affect Competition

    Fk the union
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    Unions Abuse Affect Competition

    Debunked
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    China Preparing for War

    https://reader.foreignaffairs.com/2023/03/29/xi-jinping-says-he-is-preparing-china-for-war/content.html Chinese President Xi Jinping during the closing session of the National People’s Congress, Beijing, March 2023 - Noel Celis / Pool / Reuters Xi Jinping Says He Is Preparing China for War...
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    Credit Suisse whistleblowers say Swiss bank has been helping wealthy Americans dodge U.S. taxes

    Unless you've deposited many millions and hold some leverage to keep your fortune hidden from prying governments, Switzerland is probably not one the top 5 countries to keep money from the IRS. For that you need to look at countries that have no bilateral banking and tax agreements with the US...
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