The long awaited five year update to the index of Comprehensive Military Power (CMP), my attempt to quantify military power in a way that's comparable across time and space, is here. unz.com/akarlin/cmp-20…
You can read the original 8,300 word post, complete with detailed methodology, here. unz.com/akarlin/top-10…
Basic observation then was that China & Russia each at ~1/3 of US military power, while second-tier Great Powers were, in turn, at about a third of China & Russia.
Since then, China has continued forging ahead, and now accounts for 57% of US CMP. Hypothetical Sino-Russian bloc is close to parity.
China is in a much better position to effect military catchup than was the USSR during the Cold War, so America's main change of retaining hegemonic status - short of rolling the dice now - is to leverage alliances. NATO + Five Eyes + E. Asian allies + India = ~55%+ of world CMP.
Consequently, one may argue that the Great Bifurcation is important not just as a way of ensuring the US retains hegemony over half the world, but a way of ensuring that the Sinosphere+ as potential military bloc doesn't extent much beyond Russia and Iran.
Fascinating to observe fault lines harden & alliances coalesce just when critical milestones in relative military power are passed. Almost as if geopolitics is like a chemical soup, subject to natural law, all else (e.g. "Uyghur genocide") being sound & fury, signifying nothing.
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Interesting to ponder potential market cap of @urbit address spaces.
Facebook, world's dominant social network, is $800B. $800B/65,000 stars = $12M per star.
Currently $4k per star. Potential 3 OOM growth?
But some bold assumptions:
(1) Decentralization wins out in social media. (Plausible, if team can keep making it user friendly at rapid clip. Successful so far).
(2) urbit retains a lead *within* this space. (Plausible, thanks to first mover advantage & network effects).
(3) More importantly - most of Facebook's value is derived from advertising. This is antithetical to urbit, whose entire point is that it's decentralized, so people go to where there's less advertising & censorship.
Musk - SpaceX is trillionaire making company if it goes public. Amazon's potential seems maxed out - but who knows? BTC needs to rise just 4x for Satoshi to converge with Musk & Bezos now, I think it'll rise 10x+ by 2030. But could be some currently little known Chinese techie.
Main argument against Chinese trillionaire is that CPC really doesn't want to see emergence of such wealth concentrations & has aggressively pruned oligarchs that got too big for their breeches. Richest current Chinese billionaire is a bottled water tycoon... Says it all.
This year will see epochal #DeFi boom: BTC $100k, ETH $10k - ending in a bust (dotcom bubble).
Then a long winter, when hardy survivors can be picked up at fire sale prices.
And then, come the 2030s - just like software 20 years ago - crypto will "eat the world." #prediction
This is extremely specific and unlikely to happen in quite this way, but I do think that generally, this is what will actually happen. Crypto is replicating all the institutions and infrastructure of the modern economy. But this boom came just a bit too early to actualize rn.
Last major digital asset to "moon" will be "land". Don't know if urbit will dominate, but does have "first mover" advantage. Stars currently worth ~$5,000, might increase 100x within the decade. Window of opportunity for competitors is narrowing fast (Metcalfe's Law).
If you gaze long upon the Ukraine, the Ukraine gazes back into you.
Fun & based as this all is, my objective take is that color revolutions only succeed when there's elite defection. Euromaidan succeeded because oligarchs with Western bank accounts turned on Yanukovych & siloviks didn't want to stick their neck out for a craven backstabber.
Conversely, the Minsk Maidan failed, amongst other things, because elites remained consolidated and Lukashenko maintained loyalty of the siloviks. As I in fact said would happen from the start: unz.com/akarlin/belaru…
Haven't been following Georgia. My guess is Republicans lose both. #prediction
Why would lower income Trump supporters (his base) vote for the party that failed to find Trump 11,780 votes and robbed them of $2,000 personally? I certainly wouldn't, I'd sit it out, myself.
Polls have both Dems up by 2% points (Biden was +1.2% and won by +0.2%).
And there's less reason for them to be inaccurate now too. unz.com/akarlin/habben…
Russia blocked flights from China soon after word spread of coronavirus, but waited until March 18 to block EU flights. London - Moscow flights remain unrestricted, even as rest of the EU blocks off UK's new strain. This is telling where kremlins' actual reference points lie.
This is why I laugh whenever Westerners or their local Russian agents gaslight us about "rising Chinese influence." The primary problem was, and remains, a culturally Occidentophile comprador elite (idol worshippers before the West, as Soviet ideologists correctly put it).
As many cynics believe, main difference between liberals * kremlins is that former want unilateral surrender, while kremlins hope to claw out more equitable terms from which to integrate themselves into Western elites. Hence, Russian "provocations" really just= "hard bargaining."