Arcturus

That’s actually shrinking now, it used to be a larger share a decade, two decades ago. Being replaced by renewables.

Nice pick. I went from my dying LG V60 to the S23 Plus. It was inevitable…

We do business dealings in China, and let me tell you that American workers are compensated more for their efforts than the Chinese workers are. That’s why we do business in China lol. Its also why we do business in the Philippines. Mainly because we can profit, and Chinese owners can host an elaborate party for us (mainly because their margins are larger than ours). They feel compelled to because it’s a prestige thing, to be able to flaunt wealth. But it’s not exactly aristocratic, which is my background. One of the wives for example showed us their plate collection for example, which easily breaks over $100k in value, they had some interesting pieces, such as Queen Elizabeth state sets (my family has one of those somewhere), but they won’t understand the difference between all the plates, or what they are (that’s what the servants are for). It’s literally just meaningless consumption, more bourgeois capitalist than you can ever imagine. I’ve had Chinese businessmen literally call me while they’re in France, asking what kind of watch they should buy. It’s never under $5,000 at least. One of them bought an Extra-Plat Squelette 5395 in Hong Kong. And these aren’t workers lol. Chinese workers aren’t meeting with American billionaires, owners of big pharma, literal royalty. It’s a class that has been built and expanded under Xi Jinping’s reign that has. Just look at Feng Shui, and how the focus is on raking in money, and more importantly, keeping it.

But he does. Sending your kids to Harvard isn’t exactly cheap. His personal wealth is only beaten by his political power. Marxism and Leninism are political ideologies, not just economic. Xi also nods his head to Mao, but that doesn’t mean anything. Donald Trump also nods his head to Lincoln and Washington.

You don’t seem to understand the difference between the party propaganda line, and the actual reality. A lot of urban educated in China do understand this, and know how to toe the line.

In theory, when it’s working, yes it will. Only after being over a decade late and being everal times over budget. They’ll probably keep it going for as long as humanly possible, until the cost of maintaining it is no longer economically feasible. They’ll try to claw back as much of that investment as possible. But as we know with nuclear projects, they never will. It’s why China is betting big on renewables.

You think nuclear powerplants don’t require parts replacements, maintenance, or shut down over the weather either? France, US, and Finland had to delay the opening of their latest plants because they already had to replace parts before they even started. This isn’t Finland’s first nuclear reactor. Their next one has been cancelled because of the war in Ukraine (Rosatom) The others are being throttled down for maintenance, and it won’t be long until this new one also requires it. As it is, they’re already understaffed.

The Chinese state is cracking down on billionaires and the wealthy, to some extent, mainly as they are a challenge to the states own power. Not as a result of much else. Loyal ones, particularly close to Xi, are left alone.

China continues to be highly neoliberal in business practice, supported and subsidised by the state, if you’re in a key industry, particularly as China faces economic downturn. Chinese workers are pliant, and educated. Which is why Elon Musk is there.

The proletariat do not hold the power in China, they are seen as a threat by the Chinese elite. Hence a heavy surveillance state, and large propaganda arm.

The transition from socialism to capitalism, in theory, does not include a devolution back to capitalism lol. Xi Jinping has created more wealth for the Chinese elite than any other previous Chinese President. Unless you think the Germans were also socialist during the 30’s and 40’s.

This one? In what universe would, planning to build nuclear, and then later finding out how impractical it is, or eventually building a plant, only for it to take nearly two decades, be cheaper, quicker, or less polluting?

1. Apologies, I thought China would’ve taken over by now. But quite a few do relocate to the US. I do see them travel quite a bit. I travel a lot too, and they do spend a bit of time in the US, but that’s mainly just shopping.

2. I would but this would be irrelevant. Can you define what Socialism with Chinese characteristics means?

Well, it may come as a shock to them, but having wealth in China improves your life considerably more than in the US. Unless of course, you challenge the Chairman.

Well, that’s the US fault for not thinking about that smh.

The US could definitely do that, their logistics capabilities are immense. On top of that you have the submarine fleet, as well as assistance from regional allies. Probably not enough to take the entire country, but enough for it to capitulate through conventional means.

Yeah, it’s quite unlikely, we’re both making too much money off each other.
It all depends on Taiwan and the SCS regional partners now.

It’s not profitable. For example, in Sweden, the companies involved aren’t interested. There was talk of EDF being restructured a couple of years back separating the unprofitable nuclear away from their other businesses (until state bailout and investment). Their CFO resigned over their decision to carry on building UK’s latest nuclear powerplant. The Conservatives only pushed through the UK’s next nuclear powerplant only after giving EDF assurances and ability to start taking in profits before the completion of the project.

This is what it takes to build nuclear. A lot of state money… Whereas renewables are cheaper, easier, and faster to decarbonise.

China’s President sent his own daughter to Harvard and China has wide income inequality, as well as the greatest proportion of millionaires and billionaires in the world. The wealthy in China go on day trips to Paris to literally eat cake.

Overall, probably cheaper, as it requires less tax to help pay for the cost of nuclear infrastructure.

But it’s not the general public who is averse to nuclear, they’re as a whole, probably more in favour of it. The current Swedish governmrnt campaigned on it. It’s nuclear companies themselves who don’t want it. Which is partially why Sweden suddenly and quietly scrapped their plans.

It’s still overall, a small part of their grid. They don’t have plans to expand their nuclear fleet all too much. A good chunk are experimental, and for military research.

Renewables?

I have two family subscriptions. I find it worth it. It’s quite cheap on Stacksocial (even cheaper if you have a discount code).

On top of that, I have one of these routers at home. It comes in-built with Adguard Home. There is a newer, better model coming out soon as well.