This is anathema in the United States but, absent a Soviet Union like collapse in China, the US and the world at large might just be better off accepting likely Chinese ascendancy to hegemonic power.
The next cold war between China and the US is pretty scary.

China claims to not be imperialist, but I think that's bullshit. Imperialism is just what happens when you get power.

Hopefully they stop at their claims of South China Sea and Taiwan, but the way they've made their
younger population rabid nationalists does not bode well for that.

The other optimistic hopes (besides collapse of China) are that trading codependencies or mutually assured nuclear destruction will avert any major conflict.

We shall see!
Many talk about how terrible the United States has been in the world arena (mostly in the Middle East), but, correct me if wrong, the US has overseen the greatest period of peaceful world-living standard increases in the history of the world. Best hegemon ever!

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More from @Molson_Hart

23 Nov
Twitter's product management team has no courage.

Why did they develop fleets, something that has already been done instead of developing a nicer way to view twitter conversations?

All threads have to be viewed linearly, but all conversations are actually trees on twitter.
Branch 1
Branch 2
Read 6 tweets
21 Nov
Inflation, what I’m seeing in my business:

1. Cost of delivering a container from Asia has gone from $3-4k to $7-8k
2. Cost of shipping to our customers has gone up about 10% (before accounting discounts caused by increased volume)
3. CNY/USD has fallen about 10% making what we buy more expensive
4. Despite running our factory suppliers nonstop since May, we cannot stay in stock. We are raising prices (after turning off advertising) to stay in stock.
There will be yearly price increases early next year and I expect them to be much higher than usual but who knows. If UPS, FedEx, and USPS had to raise prices before the holiday I imagine they’ll do so even more afterwards. They always raise more than CPI.
Read 4 tweets
3 Oct
Highly recommended.

Autobiographical life story of an ethnically Chinese Indonesian banking and real estate billionaire, written at 87.
What did I learn?

1. Let's start with the controversial. If you think Jews run business in America, boy oh boy, do you gotta see how Chinese people run Indonesia. The entire book is about how every bank, business, real estate firm, etc. are run by Chinese immigrants from Fujian
2. While he never explicitly says it, Indonesia definitely seems like a crony capitalist country. Mochtar Riady, real name Li Wenzheng (all Chinese adopt Indonesian names there), at many times had the relatives of the rulers of Indonesia as shareholders and stuff like that.
Read 19 tweets
3 Oct
I am more and more skeptical of the idea that hiring remote allows you unlimited access to talent, which you will need to solve your business problems.

Provided you're not in Wyoming or something, the talent is there. It just might need some training up.
If you're building for the long-term the best way to hire definitely seems like the Costco way.

Current CEO of Costco started as a warehouse manager.

Many of their top execs are former cashiers and floor workers.
Hire young and train them up. Then when a new opportunity appears within your business give someone you already employ the shot. They already know your business and culture and it will do wonders for company-wide morale to see someone get promoted from within.
Read 5 tweets
3 Oct
I need to do my homework but if covid causes seemingly permanent loss of smell, it breaks the blood brain barrier, letting who knows what else is in. Covid is not binary. It is not just vaccine or not. In 6 months we may discover some simple drug or vitamin that prevents longterm
damage. We’ve already learned a ton so far. That will level off, but as I see it, why not wear a mask and be bit cautious for a few more months? Could well end up saving you a lot of headache when you get some incorrigible covid caused disease later. Plus, smell is a big deal.
Loss of smell isn’t just happening in old people. I know 2.5 people, 1 20s, 2 30s who permanently lost it (one says permanently impaired).

Anyways, bad tweets. I need to read more about long term effects but I’m pretty sure this theory is still good.
Read 4 tweets
2 Oct
- 74 years old
- Fat
- Fundamentalist Christian creationist is your VP
- Unlimited resources to prevent this
- Brags about not wearing a mask

And you get covid?

That is pathetic and you should be ashamed. This shows that If he got anything right with covid, it was luck.
The internet says that his brother died from intracranial hemorrhaging that had been going on for months, but if you look at the timing perhaps that was combined with covid (he was in the hospital for a while). Speculating here but I wouldn’t be surprised.
The most charitable explanation is that he is lying. Ridiculous.
Read 4 tweets

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