The US doesnt produce anything the only advantage we have is all the IT we have and now governor candidates are running on banning data centers from their state because they consume too much electricity and waterAre they retarded, every factory uses a lot of electricity and water probably more than data centers.t. work in a small factory
>>61520095it hardly matters anyway, they can dump data centers anywhere. but>>The US doesnt produce anythingis silly, the US is one of the few countries that has the capacity to be self-sufficient in terms of food and energy
I’m waiting for chink to actually begin to write any decent academic textbooks that is not shabby.
>>61520095Have you been living under a rock for the past 4 years? Manufacturing is being reshored to US.
>america doesn't produce consumer level products that any half developed nation could so it must not produce anythingi have retard fatigue
>>61520095>FactoryObjectively productive>Data CenterObjectively destructive
>>61520095>governor candidates are running on banning data centers from their state because they consume too much electricity and waterLiberal states are actually just gonna not have any economy at all huh.
>>61520095>Are they retarded, every factory uses a lot of electricity and water probably more than data centers.Also liberals 100% want to get rid of factories too. We can just all work in offices sending emails to each other. That's how money works, right? Lol. Gynocracy doesn't just mean men are oppressed, it also means every economic policy is feminized to the point of uselessness, since women don't know where money comes from only that daddy corporation and daddy government give it to them.
>>61520254If you adjust for PPP, the chinese output is actually 3 times the US output, it only appears smaller because chinks are slaves who produce cheap goods. Japan and Germoney produce higher end goods. The US is fucked specifically because it's goods are in the uncomfortable median between these two.
>>61520107but it isntit does produce enough food for itself but oil always triples in price when imports stop. We could produce more oil than russia but it is illegal>>61520156>steel making down>steel import down>manufacturing job losses>>61520254>top 10 employers in chinamanufactures>top 10 employers in japanmanufacturers>top 10 employers in germanymanufacturers>top 10 employers in USretail storesIf we produced that much we wouldnt have a trade deficitfake numbers next
>>61520291it is also republicanssome of them also refuse to grant construction permits because they destroy the tree or whatever. Like retard why stop there tear down the entire city and let nature reclaim the land then
>>61520254lmfao
>>61520302What the fuck are you talking about
>>61520325which tree
>>61520254per statistaChina has 217 million manufacturing jobs 30% of its populationUS has 17 million jobs about 5% of the population
The data centers wouldn’t be a problem if your average citizen in the U.S. didn’t rely entirely on their labor as their only source of income, which data centers aim to automate away.
>>61520417but think about the horse shoe makers if cars take over
>>61520095>Are they retarded, every factory uses a lot of electricity and water probably more than data centers.They take these dumb leftoid narratives that get spread around and believe it without doing any research whatsoever.It's the same reason 90% of people believe blackstone owns 60% of single family housing or whatever when in reality they only own 0.01%.We live in a post truth society and people take action based on lies.
>>61520423Ah yes, the gilded age, when everyone lost their job to corporate monopolies bleeding the government dry and the depression only ended by Europe suiciding. Perfect example
>>61520297>>61520302>>61520342>200 million jobs making funko pops and steel ball bearings good>17 million jobs 3d printing aerospace parts and custom tooling complex industrial equipment bad
>>61520417This image is economically illiterate and retardedkill yourselfThere's no evidence AI will cause mass unemployment.Also automation forces prices down, retard.
>>61520429>when everyone lost their job to corporate monopoliesThere were literally zero monopolies during this period.The amount of jobs skyrocketed during this period.Real wages skyrocketed during this period.Kill yourself immediately.The rapid expansion of industrialization led to real wage growth of 40% from 1860 to 1890, spreading across the expanding labor force. The average annual wage per industrial worker, including men, women, and children, rose from $380 in 1880 ($12,381 in 2024 dollars[1]) to $584 in 1890 ($19,738 in 2024 dollars[1]), a gain of 59%.[2]
>>61520430>>17 million jobs 3d printing aerospace parts and custom tooling complex industrial equipment badThese jobs don't exist though.
>>61520427Why are you in every thread defending blackstone without anyone even asking.
>>61520443I hate blackstone. I just hate misinformation that distracts from the real reason housing is expensive, that being government intervention.
>>61520095the US produces one very crucial resource that is in very high demand across the world: Consumers. This is why the US won't fall just yet. Once we lose enough per-capita that we no longer produce a steady flow of wealthy consumers relative to the rest of the world, that's when I'd be worried.
>>61520434Because it’s not like software companies have the highest profit margin per employee or anything right. Tesla’s a trillion dollar company for hiring so many people and not say automating driving or anythinghttps://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/Employee.htmlOh pic related? No biggie, just 1% of the world population is employed by companies controlling 25% of all trade in the late 90’s. I’m sure that’s only gotten better right ahahahahaha>>61520437yes let’s just ignore the monopolization of the economy that led to the already mentioned decade depression
>>61520462>yes let’s just ignore the monopolization of the economyWhat monopolisation?You people just heard this meme but in reality there is zero evidence this occured.The only thing you can say is standard oil but they were never a monopoly(only had 63% market share) and they got the price of oil down for decades and kept it down.>that led to the already mentioned decade depressionWhat depression? The long depression? During that entire period, economic output and wages were growing, it was largely a myth.We need to bring back the laws of the gilded age.Abolish the federal reserve and cut government spending.>>61520462>Tesla’s a trillion dollar company for hiring so many people and not say automating driving or anythingWhy does this matter? Their existence doesn't increase the unemployment rate.
>>61520462oh wait, you were talking about the great depression?lmao you're even more retardedthat happened during the progressive era and was the fault of the federal reserve and government intervention
>>61520430Whats wrong with ball bearing factories?
>>61520437Yeah, with a 100 hours per week job. Moron.
>>61520459>the US produces enough AmerifatsLmao.
>>61520297>the chinese output is actually 3 times the US outputThey literally have over 3 times our population. For being 4% of the global populace, we bat above our weight in nearly every category. Doesn't mean we couldn't do better in many areas but we're way better off than other western countries in most regards.
>>61520095We produce military equipment, the most sophisticated and well-tested in the history of mankind. We've only been continually militarizing for the better part of 75 years and using them to blow up Kim, Chang, Abdul and Paco's Boat for just as long.It hasn't really been a game changer during the age of peace and money laundering but its the only kind of manufacturing that will matter for the next few decades.
>>61520534Working hours fell dramatically throughout this period lol
>>61520095>>The US doesnt produce anything It does; >chemistry / chemicals>airplanes >computer hardware>oil / other energy >ships >farm equipment>cars >>governor candidates are running on banning data centers from their state >> because they consume too much electricity and water Don't see why not. They do consume too much electricity and would need a lot of new nuclear power plants, which we in US don't have.>it would take 12-15 years to build a nuclear power plant >due to greenies, govs hostile to real energy, laws and lawyers.
>>61520484>less than 2% of the population owned the majority of US corporations and public stock>not monopolized>why would it matter that software companies who don’t hire anybody want to replace jobs with AI Great arguments you got there>>61520489>was the fault of the federal reserve and government interventionOk and? The mass unemployement caused by AI will be due to government intervention too. What does this have to do with your retarded statement about horseshoes
>>61520430>>200 million jobs making funko pops and steel ball bearings good>>17 million jobs 3d printing aerospace parts and custom tooling complex industrial equipment badthis. What is industrial automation.
>>61521502Yeah because of socialist movements, not because of ancap faggots.
>>61520532>Whats wrong with ball bearing factories?Nothing , but modern ball bearings used in cars, for instance, require very high end equipment . BMW , Audi etc. have their own ball bearings factories in China where they made their own machines and are watching the process. whatever is produced by chinese themselves isn't good . So , nothing wrong with ball bearing factory, but you need good steel, modern equipment, a number of computers, and a room with a microscope to check the output quality. >you can't just dump 10,000 chinese in 1 room with hand tools , it won't work
>>61521519>>less than 2% of the population owned the majority of US corporations and public stock>>not monopolizedThat's not the definition of a monopoly.Also that 2% was actually lower for all of human history before this point. The stock market hadn't really taken off yet. It would take years for the average person to start investing in stocks, but it DID happen.>>why would it matter that software companies who don’t hire anybody want to replace jobs with AIYeah why does it matter?Prices for goods and services come down, meaning your real wages go up.>The mass unemployement caused by AI will be due to government intervention too. Exactly.
>>61521538>Yeah because of socialist movementsLMFAOthey had nothing to do with itUnions were only like 2-5% of the workforce back then and never got any laws passed in their favor, meanwhile wages and working hours were improving for the 95-97% of the workforce not in unions.
>>61521543>hadn’t taken off>equity markets have existed since VOC in the 17th century>US equity market was 81% of gdp in 1929Yeah no shit the public didn’t own equity, because US corporations were monopolized by a small percentage of the elite population>Prices for goods and services come down, meaning your real wages go up.Except if you don’t have any income to buy anything>Exactly.Great so we agree, let’s get corporate influence out of our government to stop private entities from causing depressions. Democracy for all, not autocracy of networth.What this had to do with horseshoes and cars I don’t know
>>61521571>>US equity market was 81% of gdp in 1929You were originally talking about the gilded age, not 1929>because US corporations were monopolized by a small percentage of the elite populationbut they weren't and that's not the definition of a monopoly.There were simply less businesses in general back then because the country was in the process of being industrialized.Poor third world shitholes just starting out have only a tiny amount of businesses as well.You have to start SOMEWHERE, retard.>Except if you don’t have any income to buy anythingWhy do you think all jobs would be replaced?Keep in mind we're talking about a world where the economy is 95% automated, not 100%.There will still be a need for manual labor, human needs and wants are infinite.Also the fact you would only need to work like 4 hours each week to get the same income you had previously at 40 hours means more job slots available.>let’s get corporate influence out of our government to stop private entities from causing depressions. Except it's not private entities doing this, it's the government and central banks.
The greater threat to American tech dominance is that we are now outsourcing and sending all of it to India. It's a full on coup.
>>61521590Monopolization of U.S. corporations that happened in the gilded age led to the outcomes of the depression, was my point. >There were simply less businesses in general back then because the country was in the process of being industrialized.Which is why I compared the ownership of equity to the total economies GDP. The outcome of this was, again, decade long depression until Europe suicided leaving us the sole industrial power.>Also the fact you would only need to work like 4 hours each week to get the same income you had previously at 40 hours means more job slots available.Yeah I don’t disagree, everyone will drive door dash for 4 hours a week making very little money while wealth inequality increases, that is indeed already happening yes and the point of the picture I posted where jobs will go away and no UBI will exist. >Except it's not private entities doing this, it's the government and central banks.Yes, governments bought and paid for by corporations, we agree. Saying central banks shows just how uneducated you are though Kek
>>61520427>We live in a post truth society and people take action based on lies.Is this statement a lie?
>>61521627>Monopolization of U.S. corporations that happened in the gilded age led to the outcomes of the depressionThat makes no sense.You define "monopolization" by there being a small amount of businesses relative to the population, but in reality the number of businesses radically increased from the gilded age until 1929. Also standard oil had been broken up since that time.The depression was caused by the fed printing money in the 20s, creating an artificial boom, which popped, then the government implemented insane levels of socialist intervention like forcing wages up during deflation, tariffs, government spending, high taxes, other retarded interventions etc.>I compared the ownership of equity to the total economies GDP. My point still stands, the economy was just beginning to be built up yet, no shit there were far less companies and not as much competition as today.>drive door dash for 4 hours a week making very little moneyPrices will be 95% lower than what they are today. You'd only have to work 4 hours at whatever job to get the same amount of purchasing power you have now at 40 hours.>wealth inequalityUtterly pointless statistic, even totally abolishing wealth inequality wouldn't make the working class any better off due to the fact the capitalists in total barely consume anything compared to what the working class does in total.>and no UBI will exist.Good UBI shouldn't exist.>governments bought and paid for by corporations,What are you talking about? A large portion of their motivation is self interest and greed, another large portion is trying to get votes from working class retards, which is why most of our debt is from fucking entitlement spending.>central banks shows just how uneducated you are though KekFucking LMAOIt's incredible you absolute brainlets see the inflation we are experiencing, the housing bubble, the AI bubble, the billionaires and inequality and think central banks aren't the problemAbsolute bootlicker kek
>>61520095>US doesn't produce anything >I work in a factory?
>>61521518>ShipsYeah no. Some military ships but China alone is 54% of yearly commercial ship building with Japan and Korea covering most of the rest. Really specialized shit like floating platforms and cable layers is mostly Dutch. US only makes military ships for their own use.
>>61521671The Jones Act is the primary reason USA doesn't produce shipsfuck this country
>>61521652>You define "monopolization" by there being a small amount of businesses relative to the populationIncorrect, I defined it as a small amount of the population owning the majority of the economic output of the economy>The depression was caused by the fed printing money in the 20s, creating an artificial boomExcept all that money went into a small percentage of the population which is why wealth inequality was at its (second highest to modern times) point ever.>My point still standsI disagree, you’re trying desperately to argue that because post war we had a booming spread out industrial economy somehow that means there was nothing wrong with the levels of wealth inequality and privatization before that.>Prices will be 95% lower than what they are today. You'd only have to work 4 hours at whatever jobThat’s a cool fan fiction, unfortunately currently people are working 4 hours for 4 hours worth of wages which can’t support anybody despite economic productivity already increasing from automation for 30 years.>Utterly pointless statisticI’m sure I would say that too if my economic ideology revolved around negging people into thinking we need to kill the poor to make room for more of my own consumption>A large portion of their motivation is self interest and greedYou mean like say passing corporate friendly bills in exchange for jobs or insider tips, or releasing oversight free shitcoins for donors to pay you?>It's incredible you absolute brainlets see the inflation we are experiencing, the housing bubble, the AI bubble, the billionaires and inequality and think central banks aren't the problemAnd it’s incredible how you don’t understand how central banking works at all and think somehow that’s the problem. Useful idiots I guess
>>61520449>I hate (Major corporation/bank), but c'mon guys, they only own 30% of all residential homes. Please don't spread misinformation about (major corporation/bank)
>>61521688>I defined it as a small amount of the population owning the majorityLike I said, that is going to happen when economies are just starting out. It ALWAYS fixes itself as more entrepreneurs and investors build up capital and enter the market.It's a "problem" that fixes itself.>that money went into a small percentage of the populationUntrue, this is when many retail investors entered the stock market.Either way it's irrelevant to my point.>wealth inequalityPointless and irrelevant.>means there was nothing wrong with the levels of wealth inequalitybefore that.There was nothing wrong with it and there was no way the government could have fucking fixed it.Economies have to start from somewhere, you don't just start from the top, retard.>privatization Hell I wish that happened.>That’s a cool fan fiction,It's the logical outcome of mass automation. Lower input costs and competition results in lower prices.>already increasing from automation for 30 years.What automation the past 30 years. America has been deindustrializing over the past 30 years, retard. That's why wages are falling.>I’m sure I would say that too if my economic ideology revolved around negging people into thinking we need to kill the poor to make room for more of my own consumptionStrawman and dodged my point.Wealth inequality is meaningless and fixing it doesn't make the working class better off.Stop confusing money with resources.>corporate friendly billsThey also are motivated by corporate interests. It's 3 things, their own greed for more state power, buying votes from the populace, and corporate influence. It's all bad.>And it’s incredible how you don’t understand how central banking works at allI understand exactly how it fucking works, that's why I'm saying these things.It's incredible how much of a bootlicker you are.You're actually happy your wages are being devalued and billionaires are getting richer lol>Useful idiotsLook in the fucking mirror
>>61521694>they only own 30% of all residential homes.They own 0.01% of all residential homesYou fucking retards support the zoning laws and money printing that makes housing expensive in the first place and focus on these retarded boogeyman issues that have little to do with the problem.>Please don't spread misinformation about (major corporation/bank)It's like you're saying they're aliens trying to eat us or something, and I'm calling you a fucking retard and you claim I'm "defending them" by saying they aren't aliens.
>>61521746Clearly you don’t understand central banking, which is why private companies are trying to deregulate banking and issue their own currency. Enjoy being retarded though, hope that works out well for you
>>61521538commies were far too busy genociding innocent people to make any workplaces "fair and equitable", you shitstain subhuman. There wasn't any workers rights in the gulag slave camps Comrade Faggot.
>>61521761>Clearly you don’t understand central bankingI clearly do. If you did you would find a refutation to my arguments.>which is why private companies are trying to deregulate banking and issue their own currency.Good? I hope they do this and make deflationary currencies based off gold and silver and I hope it destroys the parasitical US dollar.>Enjoy being retarded though, hope that works out well for youMy monetary policy opinions have made me hundreds of thousands of dollars by buying gold mining stocks and better against the US dollar.Enjoy saving in ever devalued federal reserve notes and wageslaving until you die of old age you low IQ clueless bootlicker.
The president has already dropped hints they are expecting 20-30% GDP gains. This is fucking monumental, were going to live like kings compared to the rest of the world.He comes off as kind of a sperg sometimes but business wise guy is a literal genius. It's going to be more than okay guys, wagmi
>>61520342there are threads now pointing out how it's impossible that Chuna has a population of 1.4 billion people. it's more like 500m.
>>61521798Retard alert
>>61521831>let's have explosive growth without 100 hours a week slave labor for everybody We're due for a correction and restructuring
>>61521671 > US only makes military ships 20 years or so ago I was in Virginia beach, where aircraft carriers were built , doing a project there. >had no security so was off site, but stillNot sure what happened 20 years after that. If you had security clearances (even basic one) you could get decent jobs in various sectors from engineering to software.
>>61521525
>>61520095factories make middle class jobs. i worked in a factory that employed 600 people. data centers employ 50 remote employees and maybe a dozen low wage on premises workers: guards and hardware swappers.
>>61520095>US doesnt produce anythingThat will change. Fuck global shipping costs.
>>61520095>>61520107the USA produces a fuckload of stuff. It just has a huge trade deficit with the rest of the world. When the dollar and credit system is fucked, which is starting now, it means the USA can't finance all that stuff anymore, and the local economy (US local, continental) gets fucked because Walmart is full of imported stuff for example. Amazon, ebay... whatever. To pay for all of those things you'll need to actually give foreigners something in exchange, and the easiest thing to physically export is gold and silver. It is money after all.
>>61521627depressions and recessions are largely caused by centraI bank currency fluctuations moreso than any individual business making decisions. These are surface-level distractions.If you put an economics PHD in charge of every major corporation and nation on earth, and banned war, you'd still get depressions, recessions, inflation + stagflation etc. The system is designed to fail so that the owners of the centraI banking carteIs, the giga-elite-kikes that rule over the world can continue to thieve off of us all.
>>61520095>and now governor candidates are running on banning data centers from their state because they consume too much electricity and water>Are they retarded, every factory uses a lot of electricity and water probably more than data centers.Factories also come with jobs. It's as simple as this, provide any sort of impact remediation or economic value and it'll get approved. Data center owners have this option but are choosing not to. If they collapse as a result it's a failure of those companies, not of the government.
