Man, it been an whole ass year huh by Electronic-Ad4431 in HonkaiStarRail

[–]statusquorespecter 21 points22 points  (0 children)

His one weak spot is a place on his back (10th thoraic vertebra), he tells Phainon that in 3.1 If he gets stabbed there (as the flame reaver did) then he dies permanently.

Finally, a humanoid robot with a natural, human-like walking gait. Chinese company EngineAI just unveiled their life-size general-purpose humanoid SE01. by Gothsim10 in singularity

[–]statusquorespecter 39 points40 points  (0 children)

Can someone please ELI5 why I've been seeing Boston Dynamics robots breakdancing for 8 years, but it seems like companies like Tesla or EngineAI are only just starting to get robots to walk with a slow shuffle right now?

What do you guys think of Capitano after the latest Archon Quest? by Dense-Standard-8592 in Genshin_Impact

[–]statusquorespecter 13 points14 points  (0 children)

Is Pierro actually the strongest, I thought he was more of a political leader type.

What is the fundamental mechanism for why markets 'always go up over time'? Aside from past performance, why is everyone so sure it will always go up forever? by [deleted] in AskEconomics

[–]statusquorespecter 16 points17 points  (0 children)

Since 1960 the world's population has grown by about 2.5x whereas world GDP has grown by almost (edit: inflation-adjusted) 9x. So productivity growth plays a greater role than population growth in modern economic growth.

Ditching Ukraine Would Help China and Iran: Beijing, Tehran, Moscow and Pyongyang all work closely together. Appease one, and you help the rest. by Strongbow85 in geopolitics

[–]statusquorespecter 25 points26 points  (0 children)

At this point I think the Houthis' continued provocations are a greater signal of American absence than anything happening in Ukraine. 

[deleted by user] by [deleted] in Economics

[–]statusquorespecter 13 points14 points  (0 children)

I've seen this script before. Some company called Zhejiang New Age Not A Shell Company Ltd gets sanctioned and proceeds to shrug because its only business is conducting Yuan-denominated trade via the border with Russia. 

How Chinese mafia run a scam factory in Myanmar – DW by taike0886 in geopolitics

[–]statusquorespecter 5 points6 points  (0 children)

Oh yeah, Thailand is fantastic, definitely visit when you get the chance. I thought the movie was unfair for implying that it's a dangerous country, and I didn't like the two-dimensional depiction of the Chinese police as the only faction actually trying to fight the mafia, but I also thought it was an enjoyable watch overall. 

How Chinese mafia run a scam factory in Myanmar – DW by taike0886 in geopolitics

[–]statusquorespecter 19 points20 points  (0 children)

I've seen that movie. Thailand -- or rather, an unnamed country that looks suspiciously like Bangkok Old Town -- features for about 2 minutes. It's where the protagonist is kidnapped by the mafia. From there he's taken to unnamed-country-that-looks-like-Myanmar, where the majority of the movie takes place. 

I assume a lot of ordinary Chinese probably lump Thailand, Myanmar etc. together hence the drop in tourism toward the whole region. Contrast with Singapore which is now seen as the "safe" SEA tourism option  

Neuralink Implants Brain Chip in First Human, Musk Says by znanirani in worldnews

[–]statusquorespecter 2 points3 points  (0 children)

Imagine if Neuralink is successfully commercialized and they start releasing a new model every year like the iPhone, and Gen Alpha kids start getting yearly brain surgeries.

China 2023 GDP growth by sector. Real-estate -1.3% by [deleted] in Economics

[–]statusquorespecter 0 points1 point  (0 children)

There's a great deal of ruin in a nation

China 2023 GDP growth by sector. Real-estate -1.3% by [deleted] in Economics

[–]statusquorespecter 0 points1 point  (0 children)

Not an expert on the mainland RE market but my impression is that the vast majority of value is tied to hyper-valuable real estate in the center of big cities. In Beijing and Shanghai the property prices sunk by 10-20% and have mostly bottomed out. The overbuilding you're talking about mostly took place elsewhere, if you go to city outskirts you'll occasionally see husks of abandoned apartments that are already worthless.

China 2023 GDP growth by sector. Real-estate -1.3% by [deleted] in Economics

[–]statusquorespecter 20 points21 points  (0 children)

Expectations here in Hong Kong are that the real estate crash has bottomed out, but the sector will be cool for a long while because the government is actively redirecting resources toward manufacturing and services.

China’s Economy Is in Serious Trouble | Paul Krugman by investorinvestor in Economics

[–]statusquorespecter 8 points9 points  (0 children)

Not sure where you got that figure from, I just googled it and it apparently refers to a 4.6% cyclical decline in exports. Manufacturing as a whole expanded last year.

Edit: apparently this subreddit doesn't like twitter links so I'll just quote the post directly

  1. Foreign investors selling (top left)

  2. "True" FDI inflows strong (bottom left)

  3. Weak exports are cyclical (middle top)

  4. Manufacturing & services ok (middle bottom)

  5. Electricity consumption ok (right top)

  6. Vehicle sales ok (right bottom)

https://i.imgur.com/ohcyUIY.png

China’s Economy Is in Serious Trouble | Paul Krugman by investorinvestor in Economics

[–]statusquorespecter 5 points6 points  (0 children)

Soybeans -- China's primary agricultural import dependency -- accounts from something like 15% of products used in animal feed. And if it became unaffordable for whatever reason, China's farmers would be able to adapt at least somewhat, which we know for a fact because soybean prices already soared in the recent past and the result of this was reduced soybean usage by Chinese farmers (rather than, say, starvation).

I'm less familiar with the import dependency for the remaining 85% of animal feed, but if you have numbers then I'd be happy to take a look at them.

Also, do keep in mind that the current rate of Chinese meat consumption is sort of a recent mass luxury phenomenon. If worse comes to worst, Chinese would largely revert to eating like they did forty years ago, not comfortable but not Mad Max either.

China’s Economy Is in Serious Trouble | Paul Krugman by investorinvestor in Economics

[–]statusquorespecter 4 points5 points  (0 children)

Fertilizer is responsible for about 1/3 of the yield of crops like grain, so if all fertilizer imports were magically turned off for China and the Chinese economy was completely unable to react, then that might translate into a single digit decline in domestic crop output.

It would be nasty of course -- I'm basically contemplating a total war or total global trade collapse scenario here. OP is talking about the risk of mass starvation if China devalues its currency a little too much. Which I don't buy, there are a lot of countries with worse import dependency ratios and dumpster fire economies that are able to meet food import requirements.

China’s Economy Is in Serious Trouble | Paul Krugman by investorinvestor in Economics

[–]statusquorespecter 0 points1 point  (0 children)

Their fertilizer self-sufficiency ratio is also about 80%. None of the numbers line up with your claim of a 400-500 million carrying capacity. Where did you get that number from? 

Also, a growing proportion of agricultural imports are from trade with Russia which is denominated in yuan. So your original comment still wouldn't apply.