enkifish [any]

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Joined 4 years ago
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Cake day: July 27th, 2020

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  • Which isn’t what happened at all. Intel is going down the tubes and can’t afford new infrastructure projects in such an unstable country. BDS did next to nothing here. Most of the blame can be put on Intel itself for being such a poorly run company, the instability of the war + Hezbollah and Ansar Allah wrecking Israel’s economy. BDS is important and good for putting pressure on Israel, but it has not reached such a critical mass to start affecting non-consumer facing products. Most of want Intel sells is to other businesses who, I guarantee you are not factoring BDS into their calculations at all. They are factoring in the fact that Intel chips suck.





  • Aren’t the Chinese right here? Their property market is operating under capitalism, and if you bail out capitalists it does create a moral hazard for them to keep re-creating the conditions for more bail-outs. It would also send the signal that capital is actually in charge, and not the CPC.

    My understanding is that the CPC wants to use this opportunity to increase the share of social housing, but as you said is attempting a controlled demolition of the market; trying to thread the needle between saving “regular” people who invested in real-estate and allowing the whole thing to collapse. It seems like a daunting task, but China might be the only country that could pull it off. Plus there’s the added benefit of greatly reducing the power of any real-estate ghouls left in government after the anti-corruption campaigns.