This is a good thing. Competition with the USSR made NASA what it is.

I’d like to also say fuck Iran and North Korea while we’re throwing fucks around

Will this change anything? Feels fruitless

Startups need a lot of capital flowing in because they don’t turn a profit early on. Traditional smaller businesses usually don’t have this sort of funding because the reward is lower. With tech, there’s a strong chance that company could become public or could get bought out. Or it could stay private and eventually become profitable. Regardless, they need investments made so they can continue to operate to eventually deliver a valuable product that will possibly offer significant returns to the investors.

The pandemic happened, which led to several outcomes. For one, a lot of boomers retired. Boomers were earning a lot of money. Then they stopped earning money and started dipping into their savings. This had a strong reaction. Capital became more scarce. Don’t believe me? Look at what banks are paying for 12-month CDs and the interest rates in savings accounts. It’s insanely high compared to two or three years ago.

This trend likely won’t last forever. Gen Xers and millennials have been moving into vacated roles by the boomers and are now earning more than before. They’re able to generate excess capital that investors can use to fund startups. There’s no shortage of innovative ideas in the western world, but there is a shortage of capital.

Not every county in the west is going to recover the same way. The boomer generation is the largest generation in history. Not every country kept having kids at a relatively similar pace. Typically, developing countries have much higher population growth. As countries industrialize, we see certain trends like both men and women joining the workforce and people moving to the cities for work. People generally have fewer kids with these trends as they are more focused on their careers and have less room to raise them. Nobody wants to raise a child in a one-bed apartment!

The United States is one of the rare exceptions. With a trend of consistent domestic population growth and immigration, the U.S. has avoided the fallout from rapid industrialization. Because of that, we’re seeing some interesting trends:

• Under Biden, the post-pandemic POTUS, the U.S. has entered a prolonged period of rapid onshoring of manufacturing jobs. The addition of factories, distribution centers, and more have been increasing exponentially.

• Germany, Italy, South Korea, Japan, and other similar economies have seen the impacts of a shrinking younger population and a ballooning senior population. These nations will likely keep the design of their products onshore, but will send manufacturing offshore. The U.S. and Mexico are the biggest winners here, but Mexico is at a disadvantage compared to the U.S. due to a greater difficultly in maintaining infrastructure.

• Emerging technologies make the production of goods in the U.S. more feasible. Advancements in AI, robotics, and renewable energy will make production in the U.S. more logical despite the higher wages its workers command because less workers will be needed, or other savings in the realm of security, stability, and access to transportation infrastructure offset that factor.

There will not only be excess capital generation in the U.S., but there will also be excess capital flowing into the U.S. It’s also not to say that tech jobs will never recover outside of the U.S., but the reality is that we are in a capital shortage for a specific, acute reason. Less people of working age able to not only fill the vacated roles left by boomers, but also difficultly in paying the pensions and benefits offered to retirees. This will dry up even more capital in those particular nations.

Tech jobs have always been finicky. That won’t change going forward. But if you’re in the U.S., there’s a strong chance you’ll see things bounce back quicker than they will in other countries.

Mastodon logo looks like a happy comma

I would love to see Biden nationalize Starlink.

The game has a minor character who is trans too. It uses the world she invented but does not borrow her real world views

Human zit

I think it’s something like: CCP controls what investments citizens make. CCP wants to expand infrastructure and build up a lot of properties. The company gets overfunded. CCP also implements one child policy for like, idk four decades. Not enough people to live in all the properties they built that never relied on market demand.

Yeah I can agree with that. I hate Netanyahu. I don’t plan on defending him but Hamas raping and killing people would have exactly one type of reaction, and it’s the reaction they wanted. It wasn’t about protecting Gaza. They knew that their attack would destroy it. It was about Iran wanting to maximize chaos around the world. Not all Israeli people like Netanyahu. His approval ratings have never been lower. Of course, those that do approve of him would love to commit genocide upon the Palestinians, but those approval ratings are in single digits now.

The invasion of Gaza will be temporary, and it’s anything more, Israel will be doing it alone with no external support.

That’s not true. It was Arafat who refused peace terms in the late 90s. You’re looking at this like it’s black and white.

That’s not going to happen until is Hamas is destroyed. They fucked around knowing damn well how Israel would respond. Both have blood on their hands. All that Biden can do is urge them to not indiscriminately bomb areas with civilians. Hamas has been terrorizing Israel for decades. They’re not stopping until it’s over.

What would you have him do?

China would rather have Trump because I doubt he would defend Taiwan. He just wants to end trade with China, while simultaneously praising Xi as brilliant. Biden also wouldn’t pose for a dumbass photo-op with Kim Jong-un. China very clearly has a favorite because they know Trump would maximize domestic turmoil

This is very much a millennial perspective. Looking at a demographic table, it’s overwhelmingly obvious that most Americans are boomers. And older people vote more often than younger people.

We may see Trump and Biden as weak candidates, but this is literally what they want. It is democracy in action. We just don’t outnumber the older Americans lol. It’s obviously changing. Otherwise Sanders wouldn’t have made it as far as he did in 2016 and 2020.

This is what Republicans would be allowing if they defunded the shit out of the FBI

They already said that they thought it was a drone returning to base for a re-supply. They detected it but thought it wasn’t malicious. It’s a big fuck up

https://wapo.st/49dJUtK

Dude I don’t think they expected that strike to land. I think they assumed it would have been intercepted

Is there no process to kick Hungary out?

When things start to turn he’ll blame the CIA