Economists at JP Morgan, the largest US bank by assets, published a research paper on de-dollarization in 2023.
In reference to the global economy as a whole, they concluded that, “while marginal de-dollarization is expected, rapid de-dollarization is not on the cards”.
However, they argued that, “Instead, partial de-dollarization — in which the renminbi assumes some of the current functions of the dollar among non-aligned countries and China’s trading partners — is more plausible, especially against a backdrop of strategic competition”.
The JP Morgan economists added, “This could over time give rise to regionalism, creating distinct economic and financial spheres of influence in which different currencies and markets assume central roles”.
This seems inline with the Chinese leadership game of influence, as well as the clown show that the US has become. Even with the interest still there from the US standpoint two decades of GWT, the lack of prioritize spending on following our so called values, the very high debt to GDP ratio we are running, the lack of real legislative ability, plus other challenges, all make the fundamentals seem less fundamental. Although China very much has it’s own issues such as an excess of manufacturing, a housing bubble, and a very steep demographic bubble. So their fundamentals are seemingly similar in question, but they have a marked ability to pivot quickly and do seem to be using their status as the 2nd largest economic to garner the same level of influence.
Whether either has staying power of economics and global influence for the next 50 years is a very interesting question.
I certainly don’t count the US out yet, but even if the election settles things down, there is some real work to do which has little to do with the current hotly discussed policy topics. I’d be curious about your opinions?
True, but worth reading their about page and privacy page. Not saying it’ll stay this way, but the way they are running is something that makes more sense then being sold as a product to Google. And you aren’t getting much of an incognito these days with all the fingerprinting they are doing.
I will admit kagi search isn’t the highest performer, but it’s viable. DDG, Start page, etc. Might give you more privacy, or not (hard to tell with DDG these days), but it might be worth trying a different model for a while.
I miss the days when the internet was truly free, but in lieu of that we have to have something better. Kagi is a start.
Want countries to re-dollarize, you have to incentivize the, which probably means making the US the dynamic yet stable economic it was. Punishing countries, how laughable.
I think that ship has sailed though, as globalization has caught up yet again.
That’s an interesting example, I’ll have to look it out and see if the context bears it out. I say that as although yes he might have only gotten 43%, the question is how many registered voters didn’t vote and how many eligible but unregistered voters there were.
Vermont has a fairly high voter turnout, but looking at Vermont’s Secretary of State 2016 had a voter turnout of 63% of Voting Age Population from census population. So that 185k of 505k thousands people who didn’t vote.
Also if I have the right numbers from Vermont’ SOS, that’s 43% of the state total 63% who voted.
I’ve read other demographic breakdowns on those who don’t vote which is worth looking into, but it’s hard for me to see someone say that there isn’t a mass when we have this huge population of American citizen who don’t vote. Something between 35-45% of the US just doesn’t. That’s a huge swath of disenfranchised people.
Good write up!
What’s the privacy criteria you are thinking about?
[# Systematic Destruction (Hacking the Scammers pt. 2)
Taking on the “Smishing Triad”](https://blog.smithsecurity.biz/systematic-destruction-hacking-the-scammers-pt.-2) g
His blog on the topic if you don’t want the wired summary.
A brief technical summary from iMAP reveals what happens when users attempt to access sites using Cloudflare and Google DNS.
• On Maxis, DNS queries to Google Public DNS (8.8.8.8) servers are being automatically redirected to Maxis ISP DNS Servers;
**
• On Time, DNS queries to both Google Public DNS (8.8.8.8) and Cloudflare Public DNS (1.1.1.1) are being automatically redirected to Time ISP DNS servers.
“Instead of the intended Google and Cloudflare servers, users are being served results from ISP DNS servers. In addition to MCMC blocked websites, other addresses returned from ISP DNS servers can also differ from those returned by Google and Cloudflare,” iMAP warns.
…
"Users that are affected, can configure their browser settings to enable DNS over HTTPS to secure their DNS lookups by using direct encrypted connection to private or public trusted DNS servers. This will also bypass transparent DNS proxy interference and provide warning of interference,” iMAP concludes.
Essentially Malaysia law required ISP to drop DNS entries for some sites, local users started using public DNS. ISP started redirecting public DNS requests, and local users started using DNS over HTTPS.
The pirate wars continue in their arms races.
Should have remembered they do an English version. Thanks!
It was noted that more than half of the KN-23 missiles lost their programmed flight trajectory during flight and likely exploded in the air, as the launches of these missiles were recorded, but their debris was not found.
Translated sources beyond Google?
I’m all for the enthusiasm I’m seeing with Harris, but am happy to see someone like Axelrod pointing out the polling. He’s absolutely right in that it will take work to win, and mistakes to lose. Fortunately Harris seem to be working and Trump seems to be making mistakes for now. Let’s hope it doesn’t flip soon.
Take Simon with a grain of salt, but this Warographics on What a war might look like along side the context of RealLifeLore background on US, Iran relations might give some further understanding if you are after some short intros.
Based some of the revealed history of some of these agencies, I feel like Hollywood is both closer and much further off than the reality of what happens. Closer in that history is stranger then fiction, and much further off in that these agencies are not monolithic decision makers and the hydraheaded nature of a political/bureaucracy makes for some strange decision.
Alternative link
In 2021, Trump’s running mate, Sen. JD Vance of Ohio, denounced women for leaving abusive husbands. The same year, he also decried allowing rape victims to abort their pregnancies, claiming all pregnancies should be forced to term, “even though the circumstances of that child’s birth are somehow inconvenient.” Former Fox News host Tucker Carlson also spoke. In the past, he has argued that raping underage girls is less bad if the rapists marry them first, and complained about rape shield laws that protect the identity of victims.
This is part of the Trump campaign’s strategy of shoring up support among younger men by appealing directly to the Joe Rogan and Jordan Peterson fanboys. The tactic runs the risk of backfire. If female swing voters learn how much the GOP is built on apologia for sexual violence, focus group information suggests it will turn them away from Trump. With Biden as the nominee, there was a real chance this issue would stay on the back burner. Even though he was the author of the Violence Against Women Act in the 90s, Biden has proved incapable of making Trump’s sexual violence a defining issue. He’s tried, even using the word “rape” to describe Trump’s behavior. But Biden’s overall problems communicating got in the way of this message.
Harris, however, is not hobbled by the issues with talking that plagued Biden in the end. More than that, sexual violence is an issue that she can speak about with a level of authority that Biden — really, most male politicians — never could achieve. Her gender is only part of it. As she often discusses on the campaign trail, Harris got her start in criminal law by working in the sex crimes division of Alameda County. She spent years talking about these hard issues in a court setting, and it shows in the way she strikes a deft balance between sensitivity and frankness when speaking about sexual violence. I recommend watching this co-interview she did on MSNBC with Hadley Duvall, a child sex abuse survivor who has been speaking out about abortion rights. Harris tells the story of her high school friend who told her that her stepfather was molesting her. “I said to her: ‘you have to come live with us. I called my mother and my mother said, ‘of course she has to come stay with us.’”
It’s going to be a much better race.
What in the world are they digging for?
Feasible if you found one at a junk yard, but copper tubing is $20-30 and some fittings makes a tubing idea sub-$100 probably. An AC is about $300, a new radiator without fittings starts at $70 and are built for cars not box fans so it might be more challenging to get to work.
With that being said, environmental, energy, and other contextual concerns might out weigh the cost. A mini-split heat pump is probably the most sane thing to actually install, but that’s a big ask.
As a kid I used tubes, a box fan, a cooler, and bucket with a siphon to cool me down.
You could easily set that up with just the water from a sink and some hardware store parts.
Search for ‘diy fan cooling tub copper coils’ as a start.
As an example: Homemade AC - The “Copper Coil” Air Cooler! - (Simple "Box Fan …
Copper coils have the best thermal efficiency, but plastic tubing would also work.
Yt-DLP and it’s variation (Seal, YTDLnis, etc.), newpipe and it’s variation (Tubular, Newpipe Sponsorblock, etc) already allow you to do this without having to get manual.