The meme is rising

I haven’t checked much for China overtaking US in a few years.
Practically, since the Economist covered it and everyone laughed.

Their numbers were too optimistic actually.

Keep laughing into your brunch, at the iPhone made in China.

http://fortune.com/2017/02/09/study-china-will-overtake-the-u-s-as-worlds-largest-economy-before-2030/

Fortune, famous Alt Right website. /s

It’s everywhere this past year and laypeople seem to be slowly waking up to it, creeping toward the forbidden discussion. Is Western supremacy based on currency?

Short answer Yes.

Recovery is impossible given 1. demographics 2. immigrant competition and 3. foreign competition paid for by 4. your taxes so you can’t save for retirement.

Long answer: you gave them your factories and they run it better (slavery).

It’s a long, slow roll down this decline. I hope you like slopes.

It takes a Communist, apparently, to really put the screw into capitalism theory. There’s mass production of screws, then there’s global production of screws. At least ten guys in the 60s got rich out of betraying your national industry though. They’re probably too dusty to kick by now, though.

Capitalist market, Communist leaders. Recipe for disaster.

here’s a perspective you won’t hear much: America’s economy will not be the world’s largest for much longer, and that’s something for Americans to be proud of.

You’re being replaced bc racism.
So you won’t just be a minority, we’ll all be hicks.
We will all be poor as shit.
None of us will have a pot to piss in.
And we should feel good about this.
Something something Jesus.

Making white people angry and poor turns out very well, historically.

White people are the type of crazy motherfuckers that, if we know we’re going down, we’re definitely taking the cause with us. We will cut off every nose to spite every face in existence. That’s why we win.

That is what a real honour culture looks like.

The NGO charity racket is giddy.

In yesterday’s note I fleetingly mentioned a new study by PriceWaterhouse Coopers forecasting that China’s economy will be bigger than America’s before 2030 (maybe well before then) and India’s will also be bigger before 2050. The U.S. will rank third, and in fourth place, the researchers speculated, could be Indonesia.

China still gets foreign aid btw. (see down page)
India too. We get adverts, do you? HD blinking brat some feckless twat made and expects us to fund.

Feel bad, help these brown people! It isn’t their fault they failed to eradicate leprosy with the sewerage systems we built them!

You can’t improve the stupid. Otherwise, they’d have done it themselves.

China, India, the U.S., Indonesia—do you notice anything about that list? Tomorrow’s ranking of countries by GDP is today’s ranking by population.

This is why you don’t develop other countries.

When is India paying us back with interest for all that infrastructure?
About the same time America does.
Yes, I went there, you betrayed Empire too.

That money was conditional on returns, like any investment.
The British taxes were to recoup the cost of defense. That navy wasn’t gonna pay for itself. Yep, you went to war to oppose military spending, only to now spend more than us.

Was that a good investment, for you? Freedom! Home of the brave, who were happy to let the British Navy waltz in and protect your asses instead of doing it yourselves. Wage war against the people who just died for you, courageous. How could you not win, given that fact?

Sterling never really recovered since that expense. Our debt spiral was initially caused by Yankee ingrates who figured they could do a better job of running a country than the limees (Brits). You had a civil war, went on to abolish slavery, nicked our Industrial Revolution’s machinery, passed many immigration laws, bragged about your melting pot, chickened out of two wars until you could no longer sit out, dropped the gold standard that made you reserve world currency and have a welfare state worse than ours. Who’s laughing now?

America isn’t the reason we aren’t speaking German, we’re the reason you aren’t speaking French or Spanish or anything else and we developed our computer science long before your Digital Revolution.

American history has always been censored to make itself look good. Your nation is so fragile if the slightest nugget of truth gets in you all swarm like an avalanche of special snowflakes. We have paper older than you.

Your best genetic stock is NW European, they continue to be the backbone of the labour force and more commonly your geniuses. America is a grand social experiment doomed to fail since you left your parents of the British Empire and possibly the French monarchy. How are you going to replace your best stock? Rabbit farms.

Don’t help the outgroup. That makes altruism pathological.
Any resource you give to the outgroup strips the pool for the ingroup. Over time, failure and death are the only options (look at Neanderthals). Charity is zero sum.

It used to be fine in the good old days to let stupid women and rarely men, traipse over to Africa personally and they’d usually get raped and die shortly over there. The problem fixed itself. Then we got NGOs, which are a level above democracy and pay FA taxes, while you’re going on about Apple.

BTW, Soros is funding Commies with the biggest tax evasion scheme in history (something like $18b, yes, with a B).

Using your taxpayer resources to uplift people who don’t pay you taxes.
I see no way this system could possibly be immoral.

In the UK, elderly people are dying in hospitals, yet
https://www.express.co.uk/news/uk/764211/china-uk-foreign-aid-billions-elderly-care-prosperity-fund
Don’t snigger at us, America.
https://www.huffingtonpost.com/2013/07/15/aiding-and-abetting_n_3598712.html
https://en.wikipedia.org/wiki/Foreign_aid_to_China

What a sparse page.

https://www.forbes.com/sites/othercomments/2014/10/15/u-s-gives-financial-aid-to-96-of-all-countries/
“Of course, State Department officials might claim that some of that money is to help the poor. But China has the second largest economy in the world—and is a major buyer of U.S. debt. So we borrow money from China in order to give them financial assistance?”

Why our own brains leaving or struggling here?

“The U.K. is expanding its immigration policy to attract more foreign startups, especially tech-focused businesses. One out of seven British companies is now owned by an immigrant, thanks in large part to the United Kingdom’s Entrepreneur Visa program. And in March, the U.K. expanded its Exceptional Talent visa program, enabling businesses to employ skilled international workers for longer stretches of time.”

https://explorer.usaid.gov/cd
Let’s see the richest ones first.
https://explorer.usaid.gov/cd/HKG?fiscal_year=2016&measure=Obligations
Why.
https://explorer.usaid.gov/cd/CHN?fiscal_year=2016&measure=Obligations
And the other competition, India.
https://explorer.usaid.gov/cd/IND
Remember, STEM shortage is a myth. Microsoft will get its cheap workers whether you like it or not.
We’re being cucks too so don’t feel too ripped.
https://www.express.co.uk/news/politics/790740/UK-spends-more-than-three-times-foreign-aid-than-rest-of-world

In psychiatric terms, that’s called enabling.

Why is the economy sputtering and croaking?

For soft power, China is doling out secret foreign aid to Africa, Asia and Latin America.
Russia is their biggest customer.
Russia Is the Biggest Recipient of Chinese Foreign Aid
Don’t worry about it.

Eat your HFCS, binge Netflix.

A minor point but I’ll say it.

You’re all looking at the central banks, because you’re supposed to.
If you follow the money trail, NGOs empowered this system.
They allowed central banks to get out of control.

Video: The Economic Hitmen

Party politics is laughably small-minded.

Remember when I fingered the NGOs as corrupt? Well all that infrastructure they’re building…. it’s basically colonialism.
The ‘cucks’ are working for the NGOs, not their own government, let alone the people paying for it. They are above government but operate like companies… but tax exempt as charities.
If they couldn’t exploit these people or places, they wouldn’t want to do anything there.

Fear looms of future Lehman Brothers-like collapse

http://www.thisismoney.co.uk/money/markets/article-3234192/The-gathering-storm-Fears-new-crisis-seven-years-Lehman-Brothers-fall.html

arrogant smug uhuh aww yes yeah mhmm sexy bamf hugh jackman

One can dream.

Shares in China were on the slide again yesterday, with the stock market in Shanghai down another 2.67 per cent, taking losses since June in what has been dubbed ‘The Great Fall of China’ to 39.71 per cent.

The Great Fail of China.

We won't be laughing when their stocks outperform ours

Last month was the worst for the FTSE 100 index in London for more than three years and the blue chip benchmark is nearly 15 per cent off the all-time high reached in April.

You think that’s bad?

 What to do when the "intellectuals" hit reality like a brick wall? Laugh, I guess

You think that’s it?

Claudio Borio, chief economist at BIS, warns it is ‘unrealistic and dangerous to expect’ that central banks ‘can cure all of the global economy’s ills’ through low interest rates and money printing and BIS is calling for an end to the era of ultra-cheap money.

The time for sanity was 2008.

Of course, he was not alone in being taken by surprise by the last crash. The Queen famously asked in spring 2009: ‘Why did no one see this coming?’

The answer, from the British Academy a few months later, was that there had been ‘a failure of the collective imagination of many bright people’.

Oxymoron in there somewhere.

Seven years on, the storm clouds are gathering once again, as the world struggles to bounce back from the collapse of Lehman and its painful aftermath.

Idiot isn't as much a person as a process of doing things wrong

This was the foreplay. It didn’t work. The IMF is going in dry.

In other financial news:

  • Subprime mortgages are coming back, because we all know what a spectacular success those were last time.

http://www.thisismoney.co.uk/money/mortgageshome/article-3230545/Only-got-5-deposit-time-buyers-helping-hand.html

  • People are stashing cash under the mattresses instead of spending it in the economy, oblivious to the fact that if the banks collapse, it will be because the cash is worthless. But hey, at least they won’t run out of TP.

http://www.thisismoney.co.uk/news/article-3241061/A-nation-money-hoarders-Brits-3bn-hidden-away-mattresses-gathering-dust-sofa.html

  • BoE are hinting negative interest rates because they’ve straight up run out of ideas.

http://www.thisismoney.co.uk/news/article-3240086/Interest-rates-need-cutting-zero-says-Bank-England-s-Haldane.html

  • They still push BTL despite the economic damage because Baby Boomers need even bigger portfolios and property values can never ever go down.

http://www.thisismoney.co.uk/money/mortgageshome/article-1596759/Ten-tips-buy-let.html

  • Baby Boomers outraged there is no such thing as free cruise meal.

http://www.thisismoney.co.uk/news/article-3237624/One-six-hit-fee-5-000-cashing-pension-700-000-55s-pay-access-savings.html

  • Because being in the best position of all time and all current generations isn’t enough.

http://www.thisismoney.co.uk/money/diyinvesting/article-3192386/How-invest-different-generations-profit-needs.html

Despite the rise of new generations, it’s worth remembering that the baby boomers still hold a large chunk of the developed world’s wealth.

Demographic change is a particularly dominant theme across the portfolio and the funds’ managers exploit play this theme via a number of healthcare and pharmaceutical names.

As a wise philosopher once said – ‘demography is destiny’.

Wise to remember when they push for hostile immigration of more people who want to sponge off the State.

The European EU “migrant refugee” Crisis is planned, we’re being primed for war

Way to make the cannon fodder go quietly into that good night?

Make them angry first.

http://www.landdestroyer.blogspot.co.uk/2015/09/social-engineering-101-how-to-make.html

The recent refugee crisis is being used for precisely this same purpose. In fact, while a false debate is being managed by the Western media and Western political figures to either unconditionally accept the refugees or unconditionally reject them, the only singular narrative both sides are being made to agree on is that instability across MENA is to blame and more bombing is the answer.

My money is on Syria.
Obama lubed up the American public.

Social Engineering vs. the Inevitable Rot of Empire 

A refugee crisis was inevitable, regardless of the timing and magnitude of any given deluge that may have been created or manipulated by the West. Destroying the planet in pursuit of empire, pillaging nations and hauling away the wealth of the world, inevitably leads to endless streams of victims following their stolen wealth back to the thieves’ den. As an empire expands and the list of its victims expands with it, the number of those an empire is able to fully assimilate versus those who will inevitable overwhelm it eventually tips the balance against the empire’s favor.

Such was the fate of the Roman Empire, which over the course of its decline, had its institutions overwhelmed by peoples it had conquered faster than it could assimilate them.

The truly peaceful solution is to kick out the terrorists and never let anymore in. Mass deportations.
Not to go antagonising the guys. Let Putin sort out ISIS like he wants to, Greece gave him permission to edge nearer through their airspace. Let him do it. Russia has more money (gold) than us.

I would like to remind you that Kuwait recently blocked remittance (immigrant money leaving the native-earned economy) because it funded terrorism. We should follow suit. The economic argument in favour of immigration is tricksy, yes, they make a lot of money here (plus benefits which count here) but it doesn’t remain here. It leaves, to other economies, via remittance, and it seldom comes back.

Please, share this link above if you think there’s anything to it.

This one is also interesting

https://www.psychologytoday.com/blog/civilized-death/201509/is-civilization-really-worth-the-trouble

When you’re going in the wrong direction, progress is the last thing you need. Maybe the “progress” that defines our age is closer to the progression of a disease than its cure. Sorry to be such a buzz-kill, but things aren’t looking good and show no signs of improving any time soon. In fact, from where I’m standing, it looks like western civilization is picking up speed the way things do when they’re circling the drain.

The Smart Fraction theory of IQ and the wealth of nations

http://www.lagriffedulion.f2s.com/sft.htm

I was hoping that we could continue our discussion of human biodiversity. I brought some fascinating data from the Summer 2001 Mankind Quarterly. In the article, National IQ and Economic Development: A study of Eighty-One Developing Nations, Richard Lynn and Tatu Vanhanen expose a relationship between national wealth and IQ. I brought a table of their data, but you can see the relationship best in a graph (Figure 1).

It has sexy graphs.

Dat mass.

Notice how GDP is positively correlated to average IQ. The correlation coefficient is 0.733, IQ explaining 54 percent of the GDP variance. Values this large are rare in social science. ….

Prodigy.  That’s because the relationship between per capita GDP and mean IQ is not linear. The fit is the best that can be obtained with a line.

Estraneo.  Is nonlinearity important?

Prodigy.  Correlation indicates the degree of linear association between variables. Because, the relationship is nonlinear, the value 0.73 actually underestimates the strength of the relationship. …

Thus, for a technologically sophisticated society, SFT asserts that a nation’s per capita GDP is determined by the population fraction with IQ greater than or equal to some threshold IQ. Consistent with the data of Lynn and Vanhanen, that threshold IQ is 108, a bit less than the minimum required for what used to be a bachelor’s degree. Figure 3 illustrates the fit of (3) to the data of Lynn and Vanhanen.

Saturation is probable, dwindling marginal utility of sorts.

World IQs have been increasing at the rate of 3 IQ points per decade (the Flynn effect). If that trend continues [DS: and is valid], countries now in the mean-IQ neighborhood of 100, will near smart fraction saturation in about a century.

Directionality is considered.

Estraneo.  There has been something gnawing at me for a while now. Just because national wealth and IQ correlate across different countries, we cannot infer which causes what. Smart Fraction Theory would fit the data just as well if national wealth led to high IQ rather than the other way round.

Prodigy.  You are correct, Estraneo. We need to look elsewhere for evidence that fixes the direction of causation. Independent studies of monozygotic twins reared apart provide some help. At least four major studies have been conducted with remarkably consistent results. They find about 70% of the variance in IQ is associated with genetic variation. Bouchard et al, Science, Oct 12, 1990, present an excellent review of these studies. Closer to the present context, we can look to the clever experiment of Charles Murray (Income Inequality and IQ, AEI Press, 1998). Murray studied biological sibling pairs selected such that the siblings in each pair differed significantly in IQ, but were reared in the same home by the same parents. Controlling thus for environmental factors, Murray found earnings stratified conspicuously by IQ.

There is much more, Estraneo, but two nails are sufficient to fix the direction of a one-way sign. The arrow of cause points mostly from IQ to income, and not the other way round.

Resources are running out because there are too many people

http://www.theguardian.com/commentisfree/2014/may/27/if-we-cant-change-economic-system-our-number-is-up

Not a single mention of http://en.wikipedia.org/wiki/Malthusian_trap#Malthus.27_theoretical_argument

The Malthusian trap is about to snap shut and take the undeveloped world with it.

We will not listen and begin http://en.wikipedia.org/wiki/Optimum_population measures. We will continue to feed r-types far outbreeding us with evermore hungry mouths to consume Western productivity. When the East rises, they will die regardless. You think China will care anymore for an African peasant than one of its own?

Strangely, the UN expects the world population to have drastically decreased by 2300, without explaining how.