William Wang

⚡️This statement from Bezos is a coded revelation of the civilizational equation he and other technocrats understand: energy density and entropy management define the survival ceiling of advanced societies. What he’s really saying is that Earth’s energy ecosystem is reaching thermodynamic saturation - and that... See more

https://t.co/WepvhzVpIV

@klos @matthew_pines 100% further consider that the US has been stockpiling "wealth" in paper & debt while China has been exchanging that USD paper for material wealth all over the world for the past 20 years, as fast as they could

Why is the USD getting smoked? A 🧵 Normally, when global markets get jittery, investors seek safety: - US Treasuries get bid (yields fall) ✅ - The USD strengthens ❌ - Gold might rise ✅ - Equities and commodities - risk-on assets - get smoked ✅

@Nikola08200833 @Chris_arnade @TheStalwart People don’t realize how cutthroat the Chinese competitive landscape is. The litmus test for Chinese firms used to be whether its products were competitive globally. Today the test is whether it can survive in the Chinese market

The other thing that drives me crazy is people recognizing this and then saying something “it’s cheating because there’s extensive state support” rather than seeing that as potentially a lesson to be learned from.