Skip Navigation
China to see biggest millionaire exodus in 2024 as many head to U.S.
  • Being wealthy in the US/UK/Canada is so much better than being rich in China because the marginal advantage is substantially larger

    In China? You still take the train. Transit is probably still faster than driving. Your food expenses don't scale as fast because cheap food isn't made of garbage. You already likely own a home. You probably come from a tier 1/2 city, so traveling domestically is cheap. Your kid still has to grind for gaokao.

    In the US? You fly business. You drive around in your S Class. You can bribe infinite extracurriculars for your kid to get into a top university. You basically never have to interact with anyone in the lower 90% of incomes, and you don't need to be THAT wealthy to do so.

  • World Bank Upgrades Russia to ‘High-Income’ Country
    www.themoscowtimes.com World Bank Upgrades Russia to ‘High-Income’ Country - The Moscow Times

    The World Bank has upgraded Russia from an “upper-middle-income” to a “high-income” country with per-capita gross national income (GNI) totaling $14,250 in 2023. “Economic activity in Russia was influenced by a large increase in military-related activity in 2023,” the international financial institu...

    World Bank Upgrades Russia to ‘High-Income’ Country - The Moscow Times
    3
    China spots US military aircraft deploying submarine detector in South China Sea
  • People really underestimate the impact of sonar on marine life. Hell, people really underestimate the impact of sonar, period. Active sonar operates at 300dB. For reference, 85dB can damage human hearing, and 300dB is 21 orders of magnitude greater than that.

  • China spots US military aircraft deploying submarine detector in South China Sea
  • And now we have ROC massacre apologists. The KMT government killed and imprisoned hundreds of thousands of communists in the post-WW2 civil war period. During WW2, the KMT consistently prioritized the threat of Mao's armies over the threat of the Japanese, stalling pan-Chinese efforts to fight back against the Japanese and inadvertently leading to hundreds of thousands more dead, raped, or worse.

  • Racial justice, free speech groups join fight against potential TikTok ban
  • Chinese spyware... Hosted in the US. With communications going to US data centers.

    Odd that you'd call it Chinese spyware, when the more fair assessment is that it's American spyware that happens to run a content recommendation algorithm from a Chinese company...

  • China spots US military aircraft deploying submarine detector in South China Sea
  • They're just Japanese war crime apologists. You get used to them.

    They're the same people who'll say that only Jews suffered from the Holocaust and completely ignored the sacrifices of the Soviets and the Romani people (mostly because they were freed from those camps by the Red Army in the East and the West never saw it). They're the same people who'll say that US trade with Japan in support of Japan's massacres in China was just business. They're the same people who'll claim that Japan did nothing wrong until Pearl Harbour.

    They are delusional, and they're not worth your time.

  • Biden’s debate performance sets off alarm bells for Democrats
  • Republicans accept a post-truth society where everything is someone's propaganda, that the federal government is out to get them and that the union would be better served as a union of state-level republics. Democrats still believe in the existence of a ground truth and want a union with centralized control (i.e., they are Federalists). Like the Federalists, the Democrats are backed by wealthy financial states (New York, California) as opposed to more rural/working-class states (Alabama, Ohio) and support heavy industrial subsidies (Biden's IRA, CHIPS) as well as weak state governments.

    This is a fundamental difference that explains a lot, actually. The role of government has always been to convince populations to pursue the policy goals of the elite. The foundations of representative democracy involve choosing which elites' policy goals to follow. The Republicans want to follow state elites (to borrow a Chinese proverb, the mountains are high and the President is far away). The Democrats want to follow federal elites.

    Here's the real problem. The US gets to choose between a career politician and a career businessman (swindler, by definition). Who represents the working class? Who represents the people who actually built America's economy?

  • Biden’s debate performance sets off alarm bells for Democrats
    www.cnn.com Biden’s debate performance sets off alarm bells for Democrats | CNN Politics

    Alarm bells are ringing among top Democrats over the 2024 presidential race and President Joe Biden’s political future, with the president’s debate performance leaving some to openly question whether Biden can stay atop of the Democratic ticket.

    Biden’s debate performance sets off alarm bells for Democrats | CNN Politics
    314
    Israel strikes reportedly creating 5-kilometer ‘dead zone’ in southern Lebanon
    www.timesofisrael.com Israel strikes reportedly creating 5-kilometer ‘dead zone’ in southern Lebanon

    Financial Times analysis of satellite imagery shows extensive destruction of structures, but IDF says it is only targeting Hezbollah, which admits to using civilian homes

    Israel strikes reportedly creating 5-kilometer ‘dead zone’ in southern Lebanon
    2
    US Nuclear Submarine Surfaces Off Norway in Rare Flex
    www.businessinsider.com US nuclear submarine surfaces off Norway in rare flex

    The show of force comes amid continued tensions with Russia and follows the recent visit of a Russian navy flotilla to Cuba.

    US nuclear submarine surfaces off Norway in rare flex
    6
    Kenya designated as a major non-NATO ally of the US
    www.whitehouse.gov Memorandum on the Designation of Kenya as a Major Non-NATO Ally | The White House

    June 24, 2024   Presidential Determination No.        2024-05         MEMORANDUM FOR THE SECRETARY OF STATE SUBJECT:       Designation of Kenya as a Major Non-NATO Ally By the authority vested in me as President by the Constitution and the laws of the United States of America, including section 517 ...

    Memorandum on the Designation of Kenya as a Major Non-NATO Ally | The White House
    28
    Vietnam and Russia Sign 11 Cooperation Agreements
    www.telesurenglish.net Vietnam and Russia Sign 11 Cooperation Agreements - teleSUR English

    On Thursday, Vietnam and Russia signed eleven cooperation agreements and issued a joint declaration committing to deepen their historical relationship.

    Vietnam and Russia Sign 11 Cooperation Agreements - teleSUR English
    3
    InitialsDiceBearhttps://github.com/dicebear/dicebearhttps://creativecommons.org/publicdomain/zero/1.0/„Initials” (https://github.com/dicebear/dicebear) by „DiceBear”, licensed under „CC0 1.0” (https://creativecommons.org/publicdomain/zero/1.0/)NE
    nekandro @lemmy.ml
    Posts 402
    Comments 450