If they just rent seek from it, the profits just go overseas and it's a loss.
The Chinese buying American real estate are not repatriating their profits.
The main point of buying property in America is to have a safe bolthole in case of political or financial turmoil in China. China has strict capital controls, so if you finally get your money out, the last thing you would want to do is send it back.
No other civilized country allows non-citizens to own real estate... except for the US
Most countries allow foreign ownership of land.
China does not, but China doesn't allow its own citizens to own land either. All land title is held by the state.
and it is causing rents to spiral out of control.
1. Property values are going up because of an imbalance of supply and demand. Remove restrictions on new construction and the problem is solved.
2. Foreigners buying real estate in America is a GOOD THING. It is wealth coming into America and being invested here. It requires some real mental gymnastics to believe foreign investment is bad for America.
That's a good question, how many jobs were lost? I'd like to see an analysis of that.
Likely near zero. The Chinese retaliatory tariffs were mostly on farm products: soybeans, corn, wheat.
But the tariffs were imposed after the crops were planted in the Spring of 2018, and have now been repealed before next year's spring planting. So they made little practical difference to production or employment.
The steel and aluminum tariffs likely cost more jobs, but those had little to do with China, which exports little steel or aluminum to America (except in finished goods), and mainly affected that great national security threat to our north: Canada.
Not true. China agreed to immediately start buying more American goods, especially farm products. Higher soybean prices in America, and cheaper tofu in China. Win-win.
since we let them buy up our hog farms. That was just nuts, BTW. Who the hell lets a hostile foreign power buy it's food supply? Seriously, who does that?
Do you think they packed up the hog farms and moved them to China?
China does not control our food supply. We control THEIR food supply. Or at least their pork supply.
Prior to buying the hog farms they were buying up American corn and soybeans, shipping them to China, and using them to raise hogs. Then they bought the hog farms so they could raise the hogs in America, and ship one jin of pork instead of 10 jin of pig food. It is just basic economic efficiency, and benefits both countries.
He didn't cave. Current tariffs remain in place. Only the increase to 25% in January has been suspended pending further negotiations on IP theft and non-tariff barriers to trade. Overall, this is a pretty good outcome, and hopefully remaining issues can be resolved, and the existing tariffs can be lifted as well.
Total myth. Perot "took" votes from Democrats as well as Republicans
He took equally from Democrats and Republicans. But the Democrats that voted for Ross were from the centrist "pro-business" wing of the party, and many of them would have drifted to Bush in a two person race.
The Republicans that voted for Ross were those steamed about Bush's reversal on taxes. They would have never voted for Bill Clinton.
There are plenty of roofs in Japan to put solar panels. There are plenty of mountains for wind turbines. I visited Japan recently and saw none of either.
Japan is really dragging their feet on renewables. There is plenty of wind capacity in Hokkaido (firmly in the "roaring forties") and northern Honshu. With electricity prices of 20 cents (22 yen) / kwh, wind turbines would easily be profitable. All they need to do is lay down some transmission infrastructure and remove the bureaucratic red tape.
That would be insane - an SSD disk drive with a built in GPU / compute engine.
RISC-V does not have an integrated GPU, nor does it even have SIMD vector instructions. Things may change in the future, but for now it is in no way a "compute engine".
It is ideal for low power embedded systems... like drive controllers.
These chips are available to anyone who wants a fab to make them
It is not that simple. You can't just take a pile of Verilog source, even code that runs fine on an FPGA, and slap it onto real silicon. There is a huge amount of work fitting the design to the process. Of course, you could just make a metalized gate array, but that will give you little advantage over just sticking with a core on an FPGA.
there's no secret sauce there.
Actually, going from a raw design to a working state of the art chip involves plenty of "secret sauce".
What? What possible fab failure could cause people to die? Sure, a stepper could be a nanometer out of alignment, or a half-step UV photolithography lens could be slightly out of focus, but neither of these is lethal.
What happens if your desktop fab fails?
Get a new wafer and another bottle of etchant? Fabbing can be done at home, and there are hobbyists that do it. If a 100 micrometer step size is good enough, and you have time and money to burn, then why not?
Because Western Digital is in the storage business, not the chip business.
It is available to anyone.
No it isn't. Open Source doesn't work that way. For instance, if I install Linux on my computer, that doesn't mean I have to give you my computer.
Western Digital is under no obligation to distribute their chips to anyone, nor do they have any obligation to share the innovations done to turn a Verilog design into working silicon.
Pictures don't do them justice. You should see some real devils. On a trip to Australia, my family and I went to the Hobart Zoo, and they had a devil enclosure, and we got there just at feeding time. We watched them devour chicks (baby chickens, not the other kind of "chicks"). They definitely reminded me of Taz.
That is part of the solution. But there are two other solutions: 1) Wider grids. 2) Differential pricing.
Charge more when power is scarce, and less when it is plentiful. "Smart meters" are already installed in many areas, and people quickly find a way to change their usage patterns.
Of course now you're going to say "what if there's no wind or sun for a whole month?"
The total amount of wind / clouds is nearly constant. So if the wind isn't blowing in Nebraska, there is extra wind in Oklahoma. This is actually a benefit since wind power goes up as the cube of the wind speed. So double the wind concentrated in one area is much better than the same wind volume spread out.
We just need wider grids so the power can be moved from windy/sunny areas to becalmed and be-clouded areas. Even better if these grids are expanded east-west, so we can get a time shift as well. Arizona sunshine can power ACs in Florida after sunset.
I have a smart meter and I pay different rates depending on the availability of electricity.
I also have a compressor cut off on my AC that automatically turns it off with a signal from the power company if there is a power shortage, in return for a discount on my power bill.
A big problem with roadkill in Tasmania is that Tasmanian devils are attracted to the carcasses. As they feed on the roadkill, they are nearly oblivious to oncoming traffic. You might think this will exert evolutionary pressure for them to become less stupid, but that doesn't work because they are few in number and have very little genetic variety. The are all nearly identical twins of each other. So similar that cancer cells can be transmitted directly between individuals with no immune rejection.
Americans are familiar with Tasmanian devils mainly through Taz, an occasional character in the Bugs Bunny Roadrunner Hour. Why don't they make quality TV like that anymore?
Slashdot Mirror
Most pot dealers would balk at the idea of selling fentanyl.
That is good. We may not have politicians who act in our best interest, but at least we can count on the drug dealers to provide moral leadership.
Why not set aside a small percentage for wild grasses, wild flowers
I did this and got a citation from the city requiring me to cut down the weeds.
1 jin = 604.8g
Wrong. The PRC jin is exactly 500 grams.
The old standard of 604.8 grams is occasionally used in Hong Kong and Taiwan, but not in mainland China.
If they just rent seek from it, the profits just go overseas and it's a loss.
The Chinese buying American real estate are not repatriating their profits.
The main point of buying property in America is to have a safe bolthole in case of political or financial turmoil in China. China has strict capital controls, so if you finally get your money out, the last thing you would want to do is send it back.
No other civilized country allows non-citizens to own real estate... except for the US
Most countries allow foreign ownership of land.
China does not, but China doesn't allow its own citizens to own land either. All land title is held by the state.
and it is causing rents to spiral out of control.
1. Property values are going up because of an imbalance of supply and demand. Remove restrictions on new construction and the problem is solved.
2. Foreigners buying real estate in America is a GOOD THING. It is wealth coming into America and being invested here. It requires some real mental gymnastics to believe foreign investment is bad for America.
Tariffs are idiotic and Trump is stupid for using them at all.
Permanent tariffs are idiotic. But temporary tariffs to force a trading partner to the bargaining table can sometimes be a smart move.
If the Chinese want to make their own citizens pay more for goods when they could buy cheaper American ones, that's their loss.
It is also America's loss. Trade is win-win. Restraints on trade are lose-lose.
That's a good question, how many jobs were lost? I'd like to see an analysis of that.
Likely near zero. The Chinese retaliatory tariffs were mostly on farm products: soybeans, corn, wheat.
But the tariffs were imposed after the crops were planted in the Spring of 2018, and have now been repealed before next year's spring planting. So they made little practical difference to production or employment.
The steel and aluminum tariffs likely cost more jobs, but those had little to do with China, which exports little steel or aluminum to America (except in finished goods), and mainly affected that great national security threat to our north: Canada.
All he did was get them to agree to talk.
Not true. China agreed to immediately start buying more American goods, especially farm products. Higher soybean prices in America, and cheaper tofu in China. Win-win.
since we let them buy up our hog farms. That was just nuts, BTW. Who the hell lets a hostile foreign power buy it's food supply? Seriously, who does that?
Do you think they packed up the hog farms and moved them to China?
China does not control our food supply. We control THEIR food supply. Or at least their pork supply.
Prior to buying the hog farms they were buying up American corn and soybeans, shipping them to China, and using them to raise hogs. Then they bought the hog farms so they could raise the hogs in America, and ship one jin of pork instead of 10 jin of pig food. It is just basic economic efficiency, and benefits both countries.
Smithfield Foods bought by Shuanghui Group
1 jin = 500g
He didn't cave. Current tariffs remain in place. Only the increase to 25% in January has been suspended pending further negotiations on IP theft and non-tariff barriers to trade. Overall, this is a pretty good outcome, and hopefully remaining issues can be resolved, and the existing tariffs can be lifted as well.
TFA is paywalled. Here is an alternative article.
suddenly the same exact story is on 100s of news feeds and it's really annoying and repetitive.
You could not click on it.
He is only noteworthy in the butterfly ballot controversy sense.
This happened in Broward County, which is so electorially dysfunctional that it is often referred to as "The Florida of Florida".
Total myth. Perot "took" votes from Democrats as well as Republicans
He took equally from Democrats and Republicans. But the Democrats that voted for Ross were from the centrist "pro-business" wing of the party, and many of them would have drifted to Bush in a two person race.
The Republicans that voted for Ross were those steamed about Bush's reversal on taxes. They would have never voted for Bill Clinton.
In other words, you have lowered your standard of living
Not at all. PG&E pays me to conserve peak power, and I then have that money to spend on more important things, thus RAISING my standard of living.
There are plenty of roofs in Japan to put solar panels. There are plenty of mountains for wind turbines. I visited Japan recently and saw none of either.
Japan is really dragging their feet on renewables. There is plenty of wind capacity in Hokkaido (firmly in the "roaring forties") and northern Honshu. With electricity prices of 20 cents (22 yen) / kwh, wind turbines would easily be profitable. All they need to do is lay down some transmission infrastructure and remove the bureaucratic red tape.
That would be insane - an SSD disk drive with a built in GPU / compute engine.
RISC-V does not have an integrated GPU, nor does it even have SIMD vector instructions. Things may change in the future, but for now it is in no way a "compute engine".
It is ideal for low power embedded systems ... like drive controllers.
These chips are available to anyone who wants a fab to make them
It is not that simple. You can't just take a pile of Verilog source, even code that runs fine on an FPGA, and slap it onto real silicon. There is a huge amount of work fitting the design to the process. Of course, you could just make a metalized gate array, but that will give you little advantage over just sticking with a core on an FPGA.
there's no secret sauce there.
Actually, going from a raw design to a working state of the art chip involves plenty of "secret sauce".
If a modern fab fails, people around it will die.
What? What possible fab failure could cause people to die? Sure, a stepper could be a nanometer out of alignment, or a half-step UV photolithography lens could be slightly out of focus, but neither of these is lethal.
What happens if your desktop fab fails?
Get a new wafer and another bottle of etchant? Fabbing can be done at home, and there are hobbyists that do it. If a 100 micrometer step size is good enough, and you have time and money to burn, then why not?
Why wouldn't it be available?
Because Western Digital is in the storage business, not the chip business.
It is available to anyone.
No it isn't. Open Source doesn't work that way. For instance, if I install Linux on my computer, that doesn't mean I have to give you my computer.
Western Digital is under no obligation to distribute their chips to anyone, nor do they have any obligation to share the innovations done to turn a Verilog design into working silicon.
TSMC will fab them for you.
Western Digital plans to use RISC-V processors in their storage products starting next year. Most likely they will be fabbed by TSMC.
It is not clear if these RISC-V chips will be available to other companies or to the general public.
He realized that he needed to raise taxes to protect US from a debt
This need was obvious before the election. So he should have been honest about it, instead of lying.
No president since has given more than lip service to the debt crisis
Bill Clinton raised taxes and put the budget into surplus. Without lying. He only lied about sex.
... and that's why your great grandchildren will all be speaking Chinese in 100 years.
My kids speak fluent Mandarin. They are already prepared for the New World Order.
Pictures don't do them justice. You should see some real devils. On a trip to Australia, my family and I went to the Hobart Zoo, and they had a devil enclosure, and we got there just at feeding time. We watched them devour chicks (baby chickens, not the other kind of "chicks"). They definitely reminded me of Taz.
What's needed is a thing called "storage".
That is part of the solution. But there are two other solutions: 1) Wider grids. 2) Differential pricing.
Charge more when power is scarce, and less when it is plentiful. "Smart meters" are already installed in many areas, and people quickly find a way to change their usage patterns.
Of course now you're going to say "what if there's no wind or sun for a whole month?"
The total amount of wind / clouds is nearly constant. So if the wind isn't blowing in Nebraska, there is extra wind in Oklahoma. This is actually a benefit since wind power goes up as the cube of the wind speed. So double the wind concentrated in one area is much better than the same wind volume spread out.
We just need wider grids so the power can be moved from windy/sunny areas to becalmed and be-clouded areas. Even better if these grids are expanded east-west, so we can get a time shift as well. Arizona sunshine can power ACs in Florida after sunset.
I have a smart meter and I pay different rates depending on the availability of electricity.
I also have a compressor cut off on my AC that automatically turns it off with a signal from the power company if there is a power shortage, in return for a discount on my power bill.
A big problem with roadkill in Tasmania is that Tasmanian devils are attracted to the carcasses. As they feed on the roadkill, they are nearly oblivious to oncoming traffic. You might think this will exert evolutionary pressure for them to become less stupid, but that doesn't work because they are few in number and have very little genetic variety. The are all nearly identical twins of each other. So similar that cancer cells can be transmitted directly between individuals with no immune rejection.
Tasmanian devil road mortality
Americans are familiar with Tasmanian devils mainly through Taz, an occasional character in the Bugs Bunny Roadrunner Hour. Why don't they make quality TV like that anymore?