You are right, USA being bad does not make China good. All this shows is USA was always bad. It’s just mask off now. Every nation should be looking to independently secure their networks now. No one can be trusted. But if we are honest, it was always this way, the world just got complacent.
China: I will do nothing and the world will fall to its knees before me.
Fuck, fuck, fuck, fuck, fuck. Your prediction is coming true.
Fuck Trump, fuck America, fuck everything that is happening right now. Fuck
I’m just talking about very bad and less very bad. But yes, regardless now the outcome is negative.
Yeah, but we have to hope as a species that’s what China decides. Looking at their history, that’s actually likely. But we’re basically gambling on a sane decision from the CCP. That’s not a place I want to be. Though in fairness, I think most people here would agree with me.
I’m not sure what Taiwan has to do with a supply chain, but yeah, Taiwan falling to China would absolutely be part of the agreement. And as insane as what I’m about to say, especially since I’m Taiwanese, Taiwan would be a tiny footnote if this all goes through. It’s nuts that the entirety of the democracy’s survival is completely dependent on the will of 3 people and 2 of them have already proven to be completely insane and the third one no one is happy with.
I’m confused by what you mean. Yes, if you disconnect from Europe you would absolutely need China’s supply chain. And Russia proved it’s a very powerful supply chain. Hate it all you want, but without even sending weapons, Russia was able to sustain the war under massive sanctions.
I mean, if Trump actually secures China’s supply chain and actually decided war is the best way to resolve Greenland and Panama, well, the world would be completely fucked. There’s nothing the rest of the world could do to stop any of this. The horrifying combination of US military, tech and China’s production capacity, Jesus fuck that’s terrifying.
The worst thing is, this is now a likely scenario. Considering Trump and Putin are both on board, the entirety of humanity is now dependant on Xi not being as power hungry and insane. God this is nightmare fuel.
You’re not making any sense. You said to seek out a fiduciary not an advisor. Now you’re claiming that some time in the past, which would be distant past btw, that’s when I should have seeked out a fiduciary? What you’re saying makes no sense. Anyway, EU has the same fiduciary laws for institutional investors like financial advisors.
http://www.purposeofcorporation.org/fiduciary-duties.pdf
So, I don’t know what you’re on about.
Also, it doesn’t matter HOW shit someone can be at their job the reality is it’s easy to fuck it up. So, you just admitted it takes skill to be a financial advisor. Congrats you played yourself.
No, your not understanding that games of skill or chance are both gambling. Being able to identify the difference makes you a gambler who can live off his gambling or one who will go broke. Same trick in investing.
Actually you make a great point. Which is why there’s professional poker, where gamblers can literally make a living. Understanding the difference between being a professional and being able to consistently make money and where to go to do it, is part of the skill I’m talking about. Thanks!
Oh dear lord. A fiduciary is a financial advisor. In fact it’s the purpose of the Series 7 to make sure they’re one and the same. Here’s an article on it.
https://wealthadvisors.smartasset.com/fiduciary-costs-benefits-sem1/
Like I said, if you don’t even understand what I’m saying, it’s not a surprise you’re as ignorant as you are.
*Edit: And just so you know, the reason I keep harping on the series 7 is because it forces financial advisors to be fiduciaries. It’s the WHOLE POINT of the test. Good lord, how do people like you survive in this world?
*Edit 2: Man this comment. You really didn’t know financial advisors have fiduciary responsibility? And yet you knew the word fiduciary? How? How do you exist?
*Edit 3: Wait wait wait, what do you think fiduciary means? I get the feeling you think it means something else.
It’s really not. Which is why there are laws around accredited investing and why agents have to learn the Series 7 and follow Finra rules. But if you literally don’t understand anything I said, it’s obvious why you think it’s magic.
Lets put your hypocrisy in a different light. If all jobs require skill, then the job of a financial advisor requires skill because it’s trivial to make 100k from 10 million? It’s as if your trying to argue that there IS unskilled labor and we should complain about them.
That’s a lot of writing to admit you have no idea what the meaning behind the words I said. Look if you can’t even understand the basics taught in the series 7, you are the target for the rich.
It’s literally not trivial. Again why does the FDIC exist? I didn’t say where is it from. What is it for, what does it protect. Who benefits from its protection. Why do investors need to be accredited, why is there higher risk for accredited investors. And this is purely the intro to what I’m talking about.
There’s literally no safe way to invest at that level. Do you understand what the FDIC is and what they do? Do you understand what an accredited investor is and why they can invest in riskier vehicles? Did the words I just write look like word salad to you?
I genuinely do not understand what your talking about. Elaborate?
The problem is there is no safe way to invest that kind of money. If there was a purely safe way to invest everyone would be a millionaire. The savings account thing you mentioned is literally only for poor people, to give them a leg up and a small increasing investment for the purpose of teaching people the value of investment. You’ve created a strawman and keep smacking it.
Sure they increased their money during the pandemic. People were acting like idiots buying homes and goods when they really really shouldn’t have. It’s also true the rich prey on this. Go try to get 100 million in an interest bank account and see what happens, it’s actually harder to leave that kind of money in interest accounts because of how FINRA regulations work. Your money would literally not be insured. You wouldn’t know these things because you just hear other poor people talk about the rich and not the actual rich.
Thus, the real crux of the problem. The poor don’t even understand well enough what’s happening to make a good argument. Between the wanna be rich poor people who talk about unskilled labor as if you just need to pull yourself up by your bootstraps and the poor who hate the rich, no one actually understands how it all works. And it all WORKS BECAUSE you don’t understand. If the poor didn’t respond the way they did during the pandemic, the rich wouldn’t have been able to hoover up all their money. Who’s taking the 22% loans, who’s buying houses they can’t afford on 30+ year mortgages at 8%. All of those actions make the rich richer. You want to stop the rich? Stop wasting your money. But even if you can, the rest won’t and the money will keep funneling up. Thus the real problem. But no one wants to change their life style. Instead they’ll go out and buy expensive handbags and other luxury items on lay away. You can’t stop the rich as long as everyone participates in capitalism.
Did you read what I wrote? I said when applying the term unskilled labor, it is applied to those who literally don’t have the skill and screwed up the product. Not that there’s work that doesn’t require skill. Or are you just trolling?
I meant on a geopolitics level. China really doesn’t play the geopolitics games. They pretty much just do what they think is right for the nation (right or wrong) and tells everyone else to take care of their own shit. Today, this plan of doing nothing looks to be very successful.
*Edit: Obviously internally they’re doing a shit ton of stuff for their nation and their people. But externally, not so much.