Feb 10 (Reuters) – Federal Reserve Governor Christopher Waller on Friday had a pair of warnings for those involved in cryptocurrency assets, telling buyers they could lose their investments, and banks that they must guard against bad actors and risks to the financial system.
And this is why SetnaffaCoin would have been such a bargain. It was obviously just a way to enrich setnaffa and supply all investors with a small metallic disk.
I’ll bet those ill-fated FTX investors now wish they had bought SetnaffaCoin…
Last edited 1 year ago by setnaffa
ChickenHead
1 year ago
Technically, the SetnaffaCoin has held its value better than an investment with FTX.
Not sure why anybody would put money into a company:
– with no monitization strategy
– throwing money it away in support of various agendas
– talking about social policy more than finances
It was (as other companies clearly are) a clear scam from the beginning.
Ohhhhh, you just don’t understand the finances, man. Lots of big companies invested in FTX. Are you smarter than they are.
No. But I smarter than you.
Those were not “investments”. The investors are not stupid. They know that money is lost. That is intentional.
The purpose of those “investments” was to launder donations supporting agendas the “investors” don’t want to be connected to.
Pretty clever.
If I wanted to donate to a church without angering anyone at my minor-attracted neo-Nazi pagan temple of clubbed baby seals, I would certainly buy SetnaffaCoin.
setnaffa
1 year ago
Well, CH, we could certainly have created any type of coin you liked, for a price…
But I wouldn’t involve any churches in my make-setnaffa-rich-quick scheme.
C’est la vie. No chance to play the game now. I don’t want to sully my name by emulating actual crooks…
ChickenHead
1 year ago
Does anyone want to invest in a social justice cryptocurrency that supports employment for single mothers and minorities living in disadvantaged communities?
You really want to get in on the ground floor here so you are fully protected against any accusations of bigotry.
Anybody want my PayPal so they can get proactive in ending misogyny and systemic racism?
If you need more information to make a socially empowering decision, ask me more about StippersAndBlowCoin.
setnaffa
1 year ago
What should the minimum wage really be? $0.00. Negotiate your way to the salary you want. Do not rely on governments or unions — who will fail you miserably.
If the SWA Union had won their negotiation, the fiasco that happened in December would not have happened. Upgrading IT was part of the negotiation. The company didn’t want to spend money on it because it was not immediately beneficial…until something catastrophic happened and they ruined their brand. The Union even said the company didn’t have to handle it, just give them money to fix it and they would figure it out. No dice.
I’ve been in hospitals with nurses unions and they were far better for patient care. From the corporation’s perspective they can blame the nurse when something goes wrong…nurse loses his/her license, corporation continues to hire cheaper nurses with less experience. This can go on a while, to the detriment of patient care (nursing homes are particularly terrible for this, since the laws are more lenient for those facilities, I often had 30+ patients and one aid when I worked in a nursing home).
Also, large corporations like Amazon push for “diversity” practices because they have been proven effective for discouraging collective bargaining practices (aka Unions). Less trust, more divisiveness among the workers leads to company profit over wage increases.
Not all unions are good of course. They can become like the mafia (my spouse’s Dad was a pilot for Eastern, the too-big-to-fail airline that went broke due to the Union). But they’re not ipso facto all bad either.
-my .01 cents
setnaffa
1 year ago
The exceptions prove the rule, so to speak.
My own experience with collective bargaining units has been universally bad; but I understand that’s not a complete sample. It does take in a lot of lost jobs and so on across multiple companies from a single contractor who tried to hire neighborhood teens to large corporations and even government agencies. And across multiple States.
Wiki says Eastern Airlines ceased operations 19 Jan 1991 … which is two days after Operation Desert Storm started. It seems someone was asleep at the wheel.
One would think Eastern would have gotten ‘in’ on the somewhat lucrative Civil Reserve Air Fleet (CRAF) business prevalent for that period. Would have been easy money considering all the cash thrown into the Gulf wars following Desert Shield.
Could have helped them stay afloat a while longer or at least wipe some major debt off their books before liquidation.
Korean Man
1 year ago
Korea doesn’t need to worry about unions or a shrinking population, as the country has fully embraced the robotization of its society. Korea has more robots running its industries than any other country
Cupang (Korea’s Amazon) has no order picking people, the robots do it all. Hotels and restaurants have robots greeting customers and doing all the cooking. All this cuts down on labor costs and also cuts down expenses for businesses by 80%.
Now let’s bring those smartphone factories in Vietnam and India back to Korea, and let’s stop investing in chip factories in the US. All those should be done by robots while keeping the profits in Korea.
Last edited 1 year ago by Korean Man
GrayBlack
1 year ago
Korea’s strategy of offshore investment and tech transfer is how they break into foreign markets in the first place. Completely short sighted to think it’s just lost profit to not build it all in Korea.
setnaffa
1 year ago
KM wants jobs for Korean workerbots (probably made in China by the slaves of CCP hillbillies), not South Korean citizens, i.e., those who need the work.
That’s how “patriotic” our local trollbots are toward South Korea.
And if he seriously wants to erase the history of riots, property damage, and even deaths caused by so-called “unions” in South Korea and elsewhere in the world, well, we all remember the students who died after unions killed a police officer in Tienamen Square in 1989.
Same folks may be advising a lot of unions in South Korea.
How would the unions react if they were all replaced by bots?
ChickenHead
1 year ago
A few things need to be kept straight here:
– Robots are the future… and the future starts now. No amount of wishful thinking will change that. Arguments about fast food worker pay will be pointless soon. Same with radiologists and pilots and New York Times reporters.
Think long and hard if your future income plan can be replaced by a simulated intelligence that knows everything and can assemble facts into solutions as good or better than you can come up with… and if some kind of manipulator can do the physical work you do better.
Otherwise, you will live in a pod and eat the bugs. It is unclear if you will be happy.
– Korea IS using robots to do old-timey warm body jobs. This means MOAR BAEBEEZ is not a solution to anything. This is especially true when my Bell curve says that most of those babies will be warm bodies. Better start building pods and raising bugs because the small productive class is not going to buy them steak and Bugattis.
– Korean manufacturing does not mean what it once meant. The big “Korean” companies are multinationals with little concern about Korea. Even if the factories are moved back, robots will do the work and the profits get sent to the multinational stockholders before it winds up in the korean economy.
Bonus: Anybody notice that the Russian sanctions and Nordstream sabotage has crippled EU industry to the point manufacturing is being relocated to America? And fear of China has played a roll in Asian industry moving to America. Interesting.
Soooo…
The world is changing.
And with AI constantly streaming into our earpieces and on our heads up displays, we only need to go through the motions of cognition as we repeat the bullet points given to us by the best AI subscription level we can afford as we become experts in everything (or nothing) and our minds atrophy with disuse as we go through the motions of following the AIs recommendation in thought and action as simple meat puppets of a global information monoculture.
Korean Man
1 year ago
I swear, setnaffa is just a bot created by ChatGpt AI.
I’m all for AI’s replacing dumb internet trolls.
It’s time for Korea to look seriously at guaranteed basic income, let the robots do the unwanted labor, and let the corporations cut down their costs by getting rid of human labor to save costs – but as a trade-off, make them pay much higher taxes to fund the basic income program that will insure human consumption doesn’t disappear. Of course, someone will ask then, why would any corporations operate in Korea if they have to pay higher taxes? The proposal is to tax them so that it’s still far cheaper for them to pay higher taxes since robots and automation will get rid of expensive labor expenses.
So now the bot formerly known as KM outs itself as a lazy black tranny from St Louis.
Good to know.
Korean Person
1 year ago
I swear, setnaffa is just a bot created by ChatGpt AI.
Actually setnaffa is a miserable old man with vaccine jealousy and a lot of time on his hands, who sits all day in front of his computer looking over all of GI Korea’s posts and commenting to no end.
Which can give the impression of him being a Russian bot.
Korean Person
1 year ago
Did I also mention that he used several identities to make it look like that he is leading a right wing anti-Asian cult?
ChickenHead
1 year ago
Korea Person,
Your Chinese communist tactics of the Big Lie and repetition don’t work with us red-blooded Americans.
We respond to the advice of “experts” and fear accusations of racism.
Let me write some copy for you.
“The science is settled because studies from 98.7% of psychoepidemiologists show Setnaffa has vaccine envy. While some studies have shown slightly less envy, more like vaccine longing, but they are exceeding rare and resolve without treatment. Also, racist.”
Korean Man
1 year ago
CATL, a Chinese battery company that leads the world in market share for EV batteries, is investing in the US to take advantage of America’s IRA subsidies. So much for the anti-China IRA law. As I have said all along, South Korea’s trust in the US to keep their bargains is naive, if not dangerous. This IRA law is more about extracting and squeezing the last drops of South Korea’s advantages for America’s benefit, rather than about the US countering China. Unfortunately, still there are just too many South Koreans who are putting their entire trust in the US, giving the US whatever they want, without asking for any benefits in return (and no, I don’t consider unlimited donations to keep US troops in South Korea, as any kind of bargain for South Korea).
This is why Yoon is a traitor and the biggest sucker of the century. He has frittered away all of South Korea’s bargaining chips which is not only going to hurt South Korea’s economy but also its national security.
Last edited 1 year ago by Korean Man
Korean Man
1 year ago
Korean Battery Producers Set To Lose Big to China As U.S. Carmakers Switch to LFP Cells
LFP battery technology is not really something that only China can make. Koreans can easily switch to LFP batteries only, but the reality is the cost.
Unfortunately for Koreans, China controls 80% of the world’s crucial minerals that go into batteries – so China has a huge cost advantage. With the US’s new IRA law, that disadvantage is now magnified by 100X, since South Korea depends on minerals imported from China (80%), Indonesia, Argentina, etc which are all non-NAFTA countries. The IRA law, with the entry of China into the US auto market, just puts a nail in the coffin for Koreans.
But is this going to hurt just the Koreans in the long run when the US auto industry will have to depend 100% on China in the long term with the Koreans out of the way to buffer the US? I doubt the US putting South Korea out of business, in favor of China is going to be in the best long-term interest of the US.
Last edited 1 year ago by Korean Man
setnaffa
1 year ago
Come on now, CH… I’m not jealous of the clot-shots, just the enormous profits made by St Fauci (and it was only 97.3%, not 98%).
However, you will note they immediately jumped into pumping Chinese incendiaries after your comment.
Those Chinese bot farms are every bit as reliable as the crap they sell on eBay.
The Chinese
1 year ago
The level of intelligence and prejudice of the American hillbillies can be seen by the simplistic labeling of comments they do not understand or accept as “originating from a chinabot”.
ChickenHead
1 year ago
The level of intelligence and prejudice of the American hillbillies can be seen by the simplistic labeling of comments they do not understand or accept as “originating from a chinabot”.
…said the Chinabot
The Chinese
1 year ago
said the Chinabot
My point proven.
ChickenHead
1 year ago
My point proven.
…said the chinabot
Protip: Don’t spout chinabot propaganda under the name The Chinese and you will be surprised how much harder it is to get accusations of chinabot to stick.
…he said to the chinabot denying it was a chinabot as it chinabotted under a comically chinabot name
The Chinese
1 year ago
If one were to read KM’s and KP’s comments it would be obvious that they don’t express any pro-PRC views.
They do however are not shy about expressing viewpoints that may not sit well with the American hillbilly right-wing crowd that are squatting here, such as opposition to South Korean investments in the US, and the possibility of the USFK withdrawing from Korea.
So the simplistic term of “chinabot”, offensive as it may sound against a Chinese like myself, simply shows the inability of the American hillbillies to process the complex issues regarding Korea.
Since they are unable to process it and don’t like it, they dismiss KP and KM as “chinabots”, so as to hide their ignorance and make it look like that KP and KM are the bad guys while they are the good guys.
But we all know that the American hillbillies are far from being the good guys and are more interested in their personal interests rather than the good of Korea.
ChickenHead
1 year ago
It was good of you to detail your thoughts.
This is a refreshing change from the usual bold statements without anything supporting them.
Let’s take a look at what you have to say.
“If one were to read KM’s and KP’s comments it would be obvious that they don’t express any pro-PRC views.”
I agree with that statement.
What they do is much more insidious. They support things that are fundementally bad for Korea. Worse, they oppose things that are good for America, which is fine, except those things are bad for China. If they pushed ideas that were good for Korea and bad for America and China, I would have no problem.
What I see is them being harmful to Korea and America in ways that benefit China.
Further, they spout a lot of ideas that are not really “Korean”.
“They do however are not shy about expressing viewpoints that may not sit well with the American hillbilly right-wing crowd…”
It is likely hillbillies can’t find Korea on a map, are unaware of Korean investment, and don’t know what USFK is.
“…that are squatting here…”
Not entirely sure right-wingers married to Korean women, paying taxes, contributing to society, etc., are “squatting”.
“…such as opposition to South Korean investments in the US.”
These factories will have an amazing amount of automation so the job loss for Korea is minimal. The “Korean” companies that run them will distribute the profits internationally no matter where the factories are located. And, due to the risks involved with China and NK, it is not a bad idea to have a bit of geographic distribution.
“and the possibility of the USFK withdrawing from Korea.”
As a Korean taxpayer, I think it is a good value to outsource these security needs for a bit longer while while the Korean defense industry becomes a major player. It would hurt Korea to not have USKF present. It would benefit China to reduce American presence. Talk of USKF leaving is all Chinese-driven with a few crazy Korean nationalists as their tools.
“So the simplistic term of “chinabot”, offensive as it may sound against a Chinese like myself, simply shows the inability of the American hillbillies to process the complex issues regarding Korea.”
Since they push concepts that benefit China more than America or Korea, they appear to be chinabots.
Also, why would chinabot be offensive? It means a low-level propagandist pushing pro-Chinese viewpoints, primarily through social media. America has lots of them… though they really do seem to be targeted at America.
“Since they are unable to process it and don’t like it, they dismiss KP and KM as “chinabots”, so as to hide their ignorance and make it look like that KP and KM are the bad guys while they are the good guys.”
There is no good or bad. There are just groups pushing their interests. The “hillbillies” have an interest in keeping Korea and America prosperous. China wants China to be prosperous. The world can probably have both. But that isn’t to be.
“But we all know that the American hillbillies are far from being the good guys and are more interested in their personal interests rather than the good of Korea.”
I cannot speak for every hillbilly but Korea’s interests and my personal interests are highly aligned. A Korea with a high level of military and economic security is very much in my best interests.
It is to Koreans as well…
…at least to real Koreans.
ChickenHead
1 year ago
I just realized the “balloons” from Asia are probably Aliens.
If the came from America, they’d be Bliens.
If they came from inner cities, they’d be Dminusliens… or might not even come at all.
setnaffa
1 year ago
CH, I do believe you’re right.
The Dminusliens are all too busy here trying to prove they’re not chinabots. Wearing Mao jackets, spouting Xi’s Thoughts, and mimicking the words of their accusers (i.e. “hillbillies”) like so many chimps.
It’s almost comical; but it smells of borscht and Russian vomit. So, I think their Cravat might be on too tight.
Or was that Kravat?
It’s so difficult to keep count. I mean, after awhile they all seem to smell like one imagines Scott Ritter’s minor-attracted handpuppets…
Why don’t they ever send any that have imagination and creativity?
Are they trying to bore us into insensitivity?
If they could, even once, send someone who sounds South Korean (“cap she dah”, not “cap sue derr ayy”), even that would be a step up.
I guess the Chinese economy really is in the toilet.
Last edited 1 year ago by setnaffa
setnaffa
1 year ago
CH,
I’ve had a revelation. I’ve been a racist, ignorant SOB all along.
I am going to stop the chinabot bullshit, whining about the leftists and going to get vaxxed tomorrow.
ChickenHead
1 year ago
Good job, Setnaffa.
Recognition is the first step.
That will cure your vaccine envy.
Now we need to talk about reparations for your past racism against the sinodroids¹.
Fortunately, you are quite lucky in this respect because I have just started a reparations exchange.
It works like this:
You send me bitcoin and I distribute it to marginalized sinodroids who have been victims of systemic racism… such as you have demonstrated through accusations of influence and propaganda.
Any sinoperson² should be happy with this.
So should I send you my wallet number or do you need to see your banker first about the loan?
¹sinodroid: socially acceptable term for chinabot.
²sinoperson: socially acceptable and gender unassumptive term for chinaman.
Don’t be a Sucker: https://www.youtube.com/watch?v=vGAqYNFQdZ4
https://finance.yahoo.com/news/feds-waller-says-cryptocurrency-buyers-173000787.html
And this is why SetnaffaCoin would have been such a bargain. It was obviously just a way to enrich setnaffa and supply all investors with a small metallic disk.
I’ll bet those ill-fated FTX investors now wish they had bought SetnaffaCoin…
Technically, the SetnaffaCoin has held its value better than an investment with FTX.
Not sure why anybody would put money into a company:
– with no monitization strategy
– throwing money it away in support of various agendas
– talking about social policy more than finances
It was (as other companies clearly are) a clear scam from the beginning.
Ohhhhh, you just don’t understand the finances, man. Lots of big companies invested in FTX. Are you smarter than they are.
No. But I smarter than you.
Those were not “investments”. The investors are not stupid. They know that money is lost. That is intentional.
The purpose of those “investments” was to launder donations supporting agendas the “investors” don’t want to be connected to.
Pretty clever.
If I wanted to donate to a church without angering anyone at my minor-attracted neo-Nazi pagan temple of clubbed baby seals, I would certainly buy SetnaffaCoin.
Well, CH, we could certainly have created any type of coin you liked, for a price…
But I wouldn’t involve any churches in my make-setnaffa-rich-quick scheme.
C’est la vie. No chance to play the game now. I don’t want to sully my name by emulating actual crooks…
Does anyone want to invest in a social justice cryptocurrency that supports employment for single mothers and minorities living in disadvantaged communities?
You really want to get in on the ground floor here so you are fully protected against any accusations of bigotry.
Anybody want my PayPal so they can get proactive in ending misogyny and systemic racism?
If you need more information to make a socially empowering decision, ask me more about StippersAndBlowCoin.
What should the minimum wage really be? $0.00. Negotiate your way to the salary you want. Do not rely on governments or unions — who will fail you miserably.
https://pjmedia.com/news-and-politics/ryanledendecker/2023/02/10/the-fightfor15-whiners-must-have-regrets-as-sales-of-robot-workers-smash-records-n1669647
“Skilled labor”
https://twitter.com/MartiniShark/status/1623763922711941122?cxt=HHwWhMC4xeir4ogtAAAA
If the SWA Union had won their negotiation, the fiasco that happened in December would not have happened. Upgrading IT was part of the negotiation. The company didn’t want to spend money on it because it was not immediately beneficial…until something catastrophic happened and they ruined their brand. The Union even said the company didn’t have to handle it, just give them money to fix it and they would figure it out. No dice.
I’ve been in hospitals with nurses unions and they were far better for patient care. From the corporation’s perspective they can blame the nurse when something goes wrong…nurse loses his/her license, corporation continues to hire cheaper nurses with less experience. This can go on a while, to the detriment of patient care (nursing homes are particularly terrible for this, since the laws are more lenient for those facilities, I often had 30+ patients and one aid when I worked in a nursing home).
Also, large corporations like Amazon push for “diversity” practices because they have been proven effective for discouraging collective bargaining practices (aka Unions). Less trust, more divisiveness among the workers leads to company profit over wage increases.
Not all unions are good of course. They can become like the mafia (my spouse’s Dad was a pilot for Eastern, the too-big-to-fail airline that went broke due to the Union). But they’re not ipso facto all bad either.
-my .01 cents
The exceptions prove the rule, so to speak.
My own experience with collective bargaining units has been universally bad; but I understand that’s not a complete sample. It does take in a lot of lost jobs and so on across multiple companies from a single contractor who tried to hire neighborhood teens to large corporations and even government agencies. And across multiple States.
C’est la vie.
We all choose the form of our destruction.
Have a blessed weekend.
Wiki says Eastern Airlines ceased operations 19 Jan 1991 … which is two days after Operation Desert Storm started. It seems someone was asleep at the wheel.
One would think Eastern would have gotten ‘in’ on the somewhat lucrative Civil Reserve Air Fleet (CRAF) business prevalent for that period. Would have been easy money considering all the cash thrown into the Gulf wars following Desert Shield.
Could have helped them stay afloat a while longer or at least wipe some major debt off their books before liquidation.
Korea doesn’t need to worry about unions or a shrinking population, as the country has fully embraced the robotization of its society. Korea has more robots running its industries than any other country
Cupang (Korea’s Amazon) has no order picking people, the robots do it all. Hotels and restaurants have robots greeting customers and doing all the cooking. All this cuts down on labor costs and also cuts down expenses for businesses by 80%.
https://m.youtube.com/watch?v=FhM-w4g0FiU
Now let’s bring those smartphone factories in Vietnam and India back to Korea, and let’s stop investing in chip factories in the US. All those should be done by robots while keeping the profits in Korea.
Korea’s strategy of offshore investment and tech transfer is how they break into foreign markets in the first place. Completely short sighted to think it’s just lost profit to not build it all in Korea.
KM wants jobs for Korean workerbots (probably made in China by the slaves of CCP hillbillies), not South Korean citizens, i.e., those who need the work.
That’s how “patriotic” our local trollbots are toward South Korea.
And if he seriously wants to erase the history of riots, property damage, and even deaths caused by so-called “unions” in South Korea and elsewhere in the world, well, we all remember the students who died after unions killed a police officer in Tienamen Square in 1989.
Same folks may be advising a lot of unions in South Korea.
How would the unions react if they were all replaced by bots?
A few things need to be kept straight here:
– Robots are the future… and the future starts now. No amount of wishful thinking will change that. Arguments about fast food worker pay will be pointless soon. Same with radiologists and pilots and New York Times reporters.
Think long and hard if your future income plan can be replaced by a simulated intelligence that knows everything and can assemble facts into solutions as good or better than you can come up with… and if some kind of manipulator can do the physical work you do better.
Otherwise, you will live in a pod and eat the bugs. It is unclear if you will be happy.
– Korea IS using robots to do old-timey warm body jobs. This means MOAR BAEBEEZ is not a solution to anything. This is especially true when my Bell curve says that most of those babies will be warm bodies. Better start building pods and raising bugs because the small productive class is not going to buy them steak and Bugattis.
– Korean manufacturing does not mean what it once meant. The big “Korean” companies are multinationals with little concern about Korea. Even if the factories are moved back, robots will do the work and the profits get sent to the multinational stockholders before it winds up in the korean economy.
Bonus: Anybody notice that the Russian sanctions and Nordstream sabotage has crippled EU industry to the point manufacturing is being relocated to America? And fear of China has played a roll in Asian industry moving to America. Interesting.
Soooo…
The world is changing.
And with AI constantly streaming into our earpieces and on our heads up displays, we only need to go through the motions of cognition as we repeat the bullet points given to us by the best AI subscription level we can afford as we become experts in everything (or nothing) and our minds atrophy with disuse as we go through the motions of following the AIs recommendation in thought and action as simple meat puppets of a global information monoculture.
I swear, setnaffa is just a bot created by ChatGpt AI.
I’m all for AI’s replacing dumb internet trolls.
It’s time for Korea to look seriously at guaranteed basic income, let the robots do the unwanted labor, and let the corporations cut down their costs by getting rid of human labor to save costs – but as a trade-off, make them pay much higher taxes to fund the basic income program that will insure human consumption doesn’t disappear. Of course, someone will ask then, why would any corporations operate in Korea if they have to pay higher taxes? The proposal is to tax them so that it’s still far cheaper for them to pay higher taxes since robots and automation will get rid of expensive labor expenses.
This is the most racist anti-racism seminar I have ever heard of:
https://compactmag.com/article/a-black-professor-trapped-in-anti-racist-hell
So now the bot formerly known as KM outs itself as a lazy black tranny from St Louis.
Good to know.
I swear, setnaffa is just a bot created by ChatGpt AI.
Actually setnaffa is a miserable old man with vaccine jealousy and a lot of time on his hands, who sits all day in front of his computer looking over all of GI Korea’s posts and commenting to no end.
Which can give the impression of him being a Russian bot.
Did I also mention that he used several identities to make it look like that he is leading a right wing anti-Asian cult?
Korea Person,
Your Chinese communist tactics of the Big Lie and repetition don’t work with us red-blooded Americans.
We respond to the advice of “experts” and fear accusations of racism.
Let me write some copy for you.
“The science is settled because studies from 98.7% of psychoepidemiologists show Setnaffa has vaccine envy. While some studies have shown slightly less envy, more like vaccine longing, but they are exceeding rare and resolve without treatment. Also, racist.”
CATL, a Chinese battery company that leads the world in market share for EV batteries, is investing in the US to take advantage of America’s IRA subsidies. So much for the anti-China IRA law. As I have said all along, South Korea’s trust in the US to keep their bargains is naive, if not dangerous. This IRA law is more about extracting and squeezing the last drops of South Korea’s advantages for America’s benefit, rather than about the US countering China. Unfortunately, still there are just too many South Koreans who are putting their entire trust in the US, giving the US whatever they want, without asking for any benefits in return (and no, I don’t consider unlimited donations to keep US troops in South Korea, as any kind of bargain for South Korea).
This is why Yoon is a traitor and the biggest sucker of the century. He has frittered away all of South Korea’s bargaining chips which is not only going to hurt South Korea’s economy but also its national security.
Korean Battery Producers Set To Lose Big to China As U.S. Carmakers Switch to LFP Cells
https://www.autoevolution.com/news/korean-battery-producers-set-to-lose-big-to-china-as-us-carmakers-switch-to-lfp-cells-210191.html
LFP battery technology is not really something that only China can make. Koreans can easily switch to LFP batteries only, but the reality is the cost.
Unfortunately for Koreans, China controls 80% of the world’s crucial minerals that go into batteries – so China has a huge cost advantage. With the US’s new IRA law, that disadvantage is now magnified by 100X, since South Korea depends on minerals imported from China (80%), Indonesia, Argentina, etc which are all non-NAFTA countries. The IRA law, with the entry of China into the US auto market, just puts a nail in the coffin for Koreans.
But is this going to hurt just the Koreans in the long run when the US auto industry will have to depend 100% on China in the long term with the Koreans out of the way to buffer the US? I doubt the US putting South Korea out of business, in favor of China is going to be in the best long-term interest of the US.
Come on now, CH… I’m not jealous of the clot-shots, just the enormous profits made by St Fauci (and it was only 97.3%, not 98%).
However, you will note they immediately jumped into pumping Chinese incendiaries after your comment.
Those Chinese bot farms are every bit as reliable as the crap they sell on eBay.
The level of intelligence and prejudice of the American hillbillies can be seen by the simplistic labeling of comments they do not understand or accept as “originating from a chinabot”.
The level of intelligence and prejudice of the American hillbillies can be seen by the simplistic labeling of comments they do not understand or accept as “originating from a chinabot”.
…said the Chinabot
My point proven.
My point proven.
…said the chinabot
Protip: Don’t spout chinabot propaganda under the name The Chinese and you will be surprised how much harder it is to get accusations of chinabot to stick.
…he said to the chinabot denying it was a chinabot as it chinabotted under a comically chinabot name
If one were to read KM’s and KP’s comments it would be obvious that they don’t express any pro-PRC views.
They do however are not shy about expressing viewpoints that may not sit well with the American hillbilly right-wing crowd that are squatting here, such as opposition to South Korean investments in the US, and the possibility of the USFK withdrawing from Korea.
So the simplistic term of “chinabot”, offensive as it may sound against a Chinese like myself, simply shows the inability of the American hillbillies to process the complex issues regarding Korea.
Since they are unable to process it and don’t like it, they dismiss KP and KM as “chinabots”, so as to hide their ignorance and make it look like that KP and KM are the bad guys while they are the good guys.
But we all know that the American hillbillies are far from being the good guys and are more interested in their personal interests rather than the good of Korea.
It was good of you to detail your thoughts.
This is a refreshing change from the usual bold statements without anything supporting them.
Let’s take a look at what you have to say.
“If one were to read KM’s and KP’s comments it would be obvious that they don’t express any pro-PRC views.”
I agree with that statement.
What they do is much more insidious. They support things that are fundementally bad for Korea. Worse, they oppose things that are good for America, which is fine, except those things are bad for China. If they pushed ideas that were good for Korea and bad for America and China, I would have no problem.
What I see is them being harmful to Korea and America in ways that benefit China.
Further, they spout a lot of ideas that are not really “Korean”.
“They do however are not shy about expressing viewpoints that may not sit well with the American hillbilly right-wing crowd…”
It is likely hillbillies can’t find Korea on a map, are unaware of Korean investment, and don’t know what USFK is.
“…that are squatting here…”
Not entirely sure right-wingers married to Korean women, paying taxes, contributing to society, etc., are “squatting”.
“…such as opposition to South Korean investments in the US.”
These factories will have an amazing amount of automation so the job loss for Korea is minimal. The “Korean” companies that run them will distribute the profits internationally no matter where the factories are located. And, due to the risks involved with China and NK, it is not a bad idea to have a bit of geographic distribution.
“and the possibility of the USFK withdrawing from Korea.”
As a Korean taxpayer, I think it is a good value to outsource these security needs for a bit longer while while the Korean defense industry becomes a major player. It would hurt Korea to not have USKF present. It would benefit China to reduce American presence. Talk of USKF leaving is all Chinese-driven with a few crazy Korean nationalists as their tools.
“So the simplistic term of “chinabot”, offensive as it may sound against a Chinese like myself, simply shows the inability of the American hillbillies to process the complex issues regarding Korea.”
Since they push concepts that benefit China more than America or Korea, they appear to be chinabots.
Also, why would chinabot be offensive? It means a low-level propagandist pushing pro-Chinese viewpoints, primarily through social media. America has lots of them… though they really do seem to be targeted at America.
“Since they are unable to process it and don’t like it, they dismiss KP and KM as “chinabots”, so as to hide their ignorance and make it look like that KP and KM are the bad guys while they are the good guys.”
There is no good or bad. There are just groups pushing their interests. The “hillbillies” have an interest in keeping Korea and America prosperous. China wants China to be prosperous. The world can probably have both. But that isn’t to be.
“But we all know that the American hillbillies are far from being the good guys and are more interested in their personal interests rather than the good of Korea.”
I cannot speak for every hillbilly but Korea’s interests and my personal interests are highly aligned. A Korea with a high level of military and economic security is very much in my best interests.
It is to Koreans as well…
…at least to real Koreans.
I just realized the “balloons” from Asia are probably Aliens.
If the came from America, they’d be Bliens.
If they came from inner cities, they’d be Dminusliens… or might not even come at all.
CH, I do believe you’re right.
The Dminusliens are all too busy here trying to prove they’re not chinabots. Wearing Mao jackets, spouting Xi’s Thoughts, and mimicking the words of their accusers (i.e. “hillbillies”) like so many chimps.
It’s almost comical; but it smells of borscht and Russian vomit. So, I think their Cravat might be on too tight.
Or was that Kravat?
It’s so difficult to keep count. I mean, after awhile they all seem to smell like one imagines Scott Ritter’s minor-attracted handpuppets…
Why don’t they ever send any that have imagination and creativity?
Are they trying to bore us into insensitivity?
If they could, even once, send someone who sounds South Korean (“cap she dah”, not “cap sue derr ayy”), even that would be a step up.
I guess the Chinese economy really is in the toilet.
CH,
I’ve had a revelation. I’ve been a racist, ignorant SOB all along.
I am going to stop the chinabot bullshit, whining about the leftists and going to get vaxxed tomorrow.
Good job, Setnaffa.
Recognition is the first step.
That will cure your vaccine envy.
Now we need to talk about reparations for your past racism against the sinodroids¹.
Fortunately, you are quite lucky in this respect because I have just started a reparations exchange.
It works like this:
You send me bitcoin and I distribute it to marginalized sinodroids who have been victims of systemic racism… such as you have demonstrated through accusations of influence and propaganda.
Any sinoperson² should be happy with this.
So should I send you my wallet number or do you need to see your banker first about the loan?
¹sinodroid: socially acceptable term for chinabot.
²sinoperson: socially acceptable and gender unassumptive term for chinaman.
And that’s why setnaffa has a gravatar…
Silly, inbred, technologically-challenged, CCP hillbillies…
Go find a deeper gene pool.
This is funny: http://ace.mu.nu/archives/youmakemyheartstop.jpg
That’s just a dry run.
Expect the next version to replicate you perfectly including the gravatar.
Speaking of investments that might need examining closely…
I think I just discovered a perfect computer game for our trolls.
https://store.steampowered.com/app/2150760/Seaberry_Keep/