Being a heretic is hard. It’s easy to be irreverent and to go against currently favored theories, but it’s hard to do it well. You don’t get serious points by saying Einstein is wrong and then making some crappy argument against him, even if the argument is rhetorically strong. You get serious points for doing the theoretical and empirical homework that actually shows Einstein is wrong.
Time and energy in our finite lives are limited. If you want someone to take the time to read and understand your radical theory, you’ve got to do the homework to understand the currently favored theories and why they are favored. If you haven’t done the hard homework, then your theory is probably wrong.
Japan has lots of assets like a massive sovereign wealth fund. When you subtract these assets from their debts, their debt to GDP ratio is 77%, which isn’t that high.
Japan takes money from its people in the form of taxes and then invests in assets like US treasury bonds. Because their currency depreciated over time, their debt has become worth less, while their foreign assets have become worth more.
This has benefited Japan a lot, but may backfire if the Yen goes up, foreign interest rates lower, or Japanese interest rates rise. If Japan has inflation, this could force them to raise interest rates or live with inflation.
“The president has been executing the program for white South Africans while canceling refugee programs for other groups.
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Initially, Trump’s resettlement program aimed to admit 7,500 South Africans, but on Monday, the White House said it will add 10,000 to that target, saying “unforeseen developments in South Africa created an emergency refugee situation.” Though Trump has become empathetic to this cause, his administration has otherwise mainly executed anti-immigration policies, like suspending the Refugee Admissions Program when he took office in 2025.”
Trump has left Europe looking for alternatives to US weapons, even if they are worse, weakening the alliance and losing US sales. If the world does take big strides away from US weapons, the US will have lost a lot of leverage.
Trump praised Xi like a sycophant. Xi did not return the words.
Trump has accelerated American decline. Further polarizing the country, getting the US into a so-far unsuccessful war with Iran, weakening relationships with allies, removing quality immigrants along with the bad ones, increasing corruption, weakening the ability of the country to tax its wealthy citizens, broad and unstrategic tariffs that weaken the US economy, etcetera…