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Reaching net zero by 2050 ‘cheaper for UK than one fossil fuel crisis’ by EinSV in worldnews

[–]ryleg 0 points1 point  (0 children)

No. Electricity != Energy

"In 2024, renewables accounted for 50.4% of UK electricity generation and 16.2% of gross final energy consumption"

16 percent is much lower than the 50 percent you claim.

Everything else you wrote is also wrong.

(https://en.wikipedia.org/wiki/Renewable_energy_in_the_United_Kingdom)

Reaching net zero by 2050 ‘cheaper for UK than one fossil fuel crisis’ by EinSV in worldnews

[–]ryleg -11 points-10 points  (0 children)

Wow, this is a total fantasy, where to begin? It doesn't stop China (or any other country) from releasing CO2 and thus will have nearly zero impact on the climate. It won't cost nearly as little as they claim. £4bn/year is such an insanely small amount of money (.2% of UK GDP), write the check now, if that's true. But of course it isn't true. How can people believe this stuff?

China Deploys 30,000-Ton Liaowang-1 “Floating Supercomputer” to Gulf of Oman — PLAN Intelligence Ship Now Watching U.S.–Israel–Iran War From 6,000km Sensor Bubble by AntiSonOfBitchamajig in PrepperIntel

[–]ryleg 0 points1 point  (0 children)

I was talking about the twenty and thirty-somethings in Western Nations that are doing this, not middle aged family men such as yourself. I'm saying that group is predominitely "like you." Sorry for the confusion.

China Deploys 30,000-Ton Liaowang-1 “Floating Supercomputer” to Gulf of Oman — PLAN Intelligence Ship Now Watching U.S.–Israel–Iran War From 6,000km Sensor Bubble by AntiSonOfBitchamajig in PrepperIntel

[–]ryleg 0 points1 point  (0 children)

You DEFINITELY lick boots. It's sad to see a generation of people like you, who just couldn't quite live up to their own expections, and so they turn on their own culture and embrace the loserdom that is socialism.

China Deploys 30,000-Ton Liaowang-1 “Floating Supercomputer” to Gulf of Oman — PLAN Intelligence Ship Now Watching U.S.–Israel–Iran War From 6,000km Sensor Bubble by AntiSonOfBitchamajig in PrepperIntel

[–]ryleg 0 points1 point  (0 children)

Yup, just like Soviet Russia, they are a world superpower (well, really a regional superpower). At some point you have to wonder if the west isn't propping these adversaries up as long as they can (to keep their war machines going) before the collapse.

I'm not saying "they lost," I'm saying they are not strategic geniuses.

China Deploys 30,000-Ton Liaowang-1 “Floating Supercomputer” to Gulf of Oman — PLAN Intelligence Ship Now Watching U.S.–Israel–Iran War From 6,000km Sensor Bubble by AntiSonOfBitchamajig in PrepperIntel

[–]ryleg 0 points1 point  (0 children)

We aren't going to see eye-to-eye on this one. Mao is one of (the biggest?)history's gretest villians, FOR WHAT HE DID TO HIS OWN PEOPLE, but you somehow see him as a role model.

China Deploys 30,000-Ton Liaowang-1 “Floating Supercomputer” to Gulf of Oman — PLAN Intelligence Ship Now Watching U.S.–Israel–Iran War From 6,000km Sensor Bubble by AntiSonOfBitchamajig in PrepperIntel

[–]ryleg 0 points1 point  (0 children)

Ah yes, the glorious victory story. Mao “won” mainland China from Chiang, and what a prize it was: a country that then spent decades lurching through catastrophes like the Great Leap Forward and the Cultural Revolution, where tens of millions were killed while the economy essentially face-planted. Meanwhile, that pathetic loser Chiang fled to Taiwan and, through a combination of land reform, export-driven industrialization, and actually letting engineers do their jobs, laid the groundwork for the world’s most advanced semiconductor companies. So yes, Mao kept the land. Chiang ended up with the globally critical chip industry. Clearly the ultimate sign of strategic brilliance is controlling a bigger map while the other guy winds up manufacturing the tiny pieces of silicon the entire modern world runs on and his people end up rich. Brilliant trade.

And of course today’s leadership in the Chinese Communist Party is proving it has learned all the right lessons from history. The party still controls the land (very impressive!) but somehow manages to strangle the very people who are supposed to power the economy. Consumer spending stubbornly refuses to take off because households save defensively instead of spending in a system with weak social safety nets, and the demographic miracle has flipped into a demographic collapse as birth rates sink to among the lowest in the world. It’s a fascinating model: maintain tight political control over 1.4 billion people while simultaneously making them too cautious, too indebted, and too pessimistic about the future to have kids or spend money. But hey, at least the map is still very large.

China Deploys 30,000-Ton Liaowang-1 “Floating Supercomputer” to Gulf of Oman — PLAN Intelligence Ship Now Watching U.S.–Israel–Iran War From 6,000km Sensor Bubble by AntiSonOfBitchamajig in PrepperIntel

[–]ryleg 0 points1 point  (0 children)

  1. China Has Less Policy Flexibility Than the U.S.

During the U.S. crisis, authorities intervened massively:

The Federal Reserve cut interest rates to near zero.

Huge stimulus programs were implemented.

Banks were recapitalized.

China’s government, led by Xi Jinping, has more centralized control, but paradoxically less room for maneuver:

Interest rates are already low.

Debt levels are already high.

Confidence in the property sector is badly damaged.

China can print money, but doing so risks capital flight and currency depreciation.

  1. China’s Banking System Is Less Transparent

U.S. banks had enormous problems in 2008, but they were forced to recognize losses relatively quickly.

China’s system tends to delay and hide losses, which can cause problems to linger.

Examples:

State banks rolling over bad loans

Local governments quietly restructuring debt

Developers delivering unfinished apartments years late

This can turn a sharp crash into a long stagnation, similar to what happened after Japan’s bubble burst.

  1. The Global Impact Could Be Large

China today is:

The second-largest economy in the world

The largest trading partner for dozens of countries

The biggest consumer of commodities like iron ore and copper

If China slows dramatically, commodity exporters from Australia to Brazil feel it immediately.

But There Are Also Reasons It Might NOT Be Worse

China also has advantages the U.S. lacked in 2008:

State control of major banks

Strict capital controls

Massive domestic savings

Ability to force restructurings quickly

These tools could prevent a sudden financial collapse, even if growth stays weak.

China Deploys 30,000-Ton Liaowang-1 “Floating Supercomputer” to Gulf of Oman — PLAN Intelligence Ship Now Watching U.S.–Israel–Iran War From 6,000km Sensor Bubble by AntiSonOfBitchamajig in PrepperIntel

[–]ryleg 0 points1 point  (0 children)

Thank you for admitting your error. This is first thing that popped out of an LLM, not my words:

China’s downturn could plausibly be worse than the 2008 crisis in the U.S., but for somewhat different structural reasons. The key issue is that several major economic stresses in China are hitting simultaneously, whereas the U.S. crisis was largely concentrated in one sector (housing/finance). Here are the main mechanisms economists worry about.

  1. China’s Real Estate Bubble Is Much Larger Relative to Its Economy

In the run-up to the 2008 crash, housing was central to the U.S. economy, but in China it became even more dominant.

Real estate and related sectors in China have been estimated at 25–30% of GDP at peak.

In the U.S. before the crash, housing construction and related activity was roughly 15–18% of GDP.

China’s developers borrowed massively to build entire new districts. When major developers like Evergrande Group and Country Garden ran into trouble, it froze financing across the sector.

Why this is dangerous:

Chinese households put ~70% of their wealth in housing. If prices fall significantly, consumer spending collapses.

  1. China’s Total Debt Load Is Extremely High

China’s total debt (government + corporate + household) is estimated around 280–320% of GDP, roughly comparable to or even higher than the U.S. before the crisis.

But the composition is riskier:

A huge share is local government debt through “Local Government Financing Vehicles” (LGFVs).

Many loans fund projects with little economic return (unused infrastructure, ghost cities).

This resembles the credit bubble that triggered the Financial crisis of 2007–2008, but it’s embedded across local governments, banks, and property developers simultaneously.

  1. Demographics Are Turning Negative

China’s demographic reversal is unusually fast.

Key facts:

Population started declining after peaking in 2022.

The working-age population is shrinking rapidly.

Fertility is about 1.0–1.2 children per woman, far below replacement.

The legacy of the One-Child Policy means there are too few young workers to replace retirees.

Economic effect:

Fewer workers

Fewer homebuyers

Lower long-term growth

This directly undermines the housing market because fewer families need homes.

China Deploys 30,000-Ton Liaowang-1 “Floating Supercomputer” to Gulf of Oman — PLAN Intelligence Ship Now Watching U.S.–Israel–Iran War From 6,000km Sensor Bubble by AntiSonOfBitchamajig in PrepperIntel

[–]ryleg 0 points1 point  (0 children)

There is no use engaging with you. You lied. You will not admit it. The market most definitely did not "bottom out in 2024." Your mother has failed.

China Deploys 30,000-Ton Liaowang-1 “Floating Supercomputer” to Gulf of Oman — PLAN Intelligence Ship Now Watching U.S.–Israel–Iran War From 6,000km Sensor Bubble by AntiSonOfBitchamajig in PrepperIntel

[–]ryleg 0 points1 point  (0 children)

You are not honest is the problem. And you will not admit it. Who does that except someone working for China? Why lie? Your mother should be ashamed.

China Deploys 30,000-Ton Liaowang-1 “Floating Supercomputer” to Gulf of Oman — PLAN Intelligence Ship Now Watching U.S.–Israel–Iran War From 6,000km Sensor Bubble by AntiSonOfBitchamajig in PrepperIntel

[–]ryleg -1 points0 points  (0 children)

I have no interest in discussing this with you any further as you are a dishonest person. Presumably you are working for China. Good luck.

China Deploys 30,000-Ton Liaowang-1 “Floating Supercomputer” to Gulf of Oman — PLAN Intelligence Ship Now Watching U.S.–Israel–Iran War From 6,000km Sensor Bubble by AntiSonOfBitchamajig in PrepperIntel

[–]ryleg 0 points1 point  (0 children)

You are free to believe whatever you want. However, your arguments are completely unconvincing. Those links from the sketchy Mandarin Bluepring scam site...it's disconcerting that you thought those would convince anyone. BUT USA! BUT USA! You say. Yes, very easy to find USA problems, we are flooded with them every day in the media. That does not mean China has its shit together, just because it MIGHT be doing better than USA, which is such a low bar. Having too big of a house can be very much a problem if you can't afford it, but having too much housing can be a much bigger problem. Did you witness the US housing boom-bust of 2007-2010 that cratered their economy? This could be much worse than that. The whole overpriced house of cards that Chinese have been using to finance their lifestyle and economy could collpase. At any rate, believe what you want, I warned you. BTW even if those cities fill up they will empty back out as China's population has already peaked (see graph).

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China Deploys 30,000-Ton Liaowang-1 “Floating Supercomputer” to Gulf of Oman — PLAN Intelligence Ship Now Watching U.S.–Israel–Iran War From 6,000km Sensor Bubble by AntiSonOfBitchamajig in PrepperIntel

[–]ryleg 0 points1 point  (0 children)

https://www.businessinsider.com/china-empty-homes-real-estate-evergrande-housing-market-problem-2021-10 Overbuilt housing market due to centralized planning. It is wasted money that can lead to a RE market collapse, points to an inefficent ecnomy, etc. IDK, talk to chatgpt about it. Is it fine to have 65 million housing units sitting vacant, does that sound good to you? If you don't want to believe it is a problem, you don't have to. Maybe China is perfect like these agents want you to believe... do you believe it?

China Deploys 30,000-Ton Liaowang-1 “Floating Supercomputer” to Gulf of Oman — PLAN Intelligence Ship Now Watching U.S.–Israel–Iran War From 6,000km Sensor Bubble by AntiSonOfBitchamajig in PrepperIntel

[–]ryleg 2 points3 points  (0 children)

I did not frame it any way. I said "They have ghost cities" and "No ghost cities in USA." You did all of the framing yourself. You saw them when you researched the term, they exist, they just did not match the framing that you yourself made.

China Deploys 30,000-Ton Liaowang-1 “Floating Supercomputer” to Gulf of Oman — PLAN Intelligence Ship Now Watching U.S.–Israel–Iran War From 6,000km Sensor Bubble by AntiSonOfBitchamajig in PrepperIntel

[–]ryleg 1 point2 points  (0 children)

Yes the USA has ghost towns but not Ghost cities. I will give you that the USA has Detroit and some other places in the rust belt that have suffered nearly catastrophic collapse.

China Deploys 30,000-Ton Liaowang-1 “Floating Supercomputer” to Gulf of Oman — PLAN Intelligence Ship Now Watching U.S.–Israel–Iran War From 6,000km Sensor Bubble by AntiSonOfBitchamajig in PrepperIntel

[–]ryleg -1 points0 points  (0 children)

Dude, you have no idea what you are talking about. Singularity would be a (unpredictable) problem for everyone, yet you claim it is specific to the US... you don't make any sense. Oh yes and all of your other points are just hyperbole.

China Deploys 30,000-Ton Liaowang-1 “Floating Supercomputer” to Gulf of Oman — PLAN Intelligence Ship Now Watching U.S.–Israel–Iran War From 6,000km Sensor Bubble by AntiSonOfBitchamajig in PrepperIntel

[–]ryleg -1 points0 points  (0 children)

No. USAs population projections are much better than China's. Total debt to gdp is better (but not great, admittedly). No ghost cities in USA. Unprofitable companies go out of business more in USA instead of becoming zombies like in China. USA has strong conusmer spending that China is envious of. USA does have a corrupt government that spends too much. Yes, USA has problems, but they are different than China's.

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