The US not joining the TPP, was, in hindsight, probably a really serious error.
Some others may also come to decide that the US decision to not join TPP was... in fact, a huge f-up.
And they practically begged for the US to reconsider. But Trump and Lighthizer who were willing to tank relationships with Canada and Mexico decided to
add TPP clauses to NAFTA 2.0, then add them to the Japan FTA, but not make out quite as well in either case as they would have *with the same countries* under TPP, where it had VETO power over EVERYthing.
[adds enormous list of screenshots where Bannon, Ross, Lighthizer, and numerous GOP pundits who couldn't find 3 TPP countries not Mexico or Canada on a map were simply wrong]
Nah. Can't be bothered.
When the US was "in" TPP, it had influence. In fact, if you read it, the US *controlled* it.
The other Partners GAVE that control to the US because they WANTED the US to have it. It was a gift - the launch of a tribute system via trade.
The US rejected it and lost influence.
I think not getting in was stupid. Just monumentally stupid.
Funny how every single thing Trump, Bannon, Ross, and Lighthizer said about TPP was effectively untrue, false, wrong, mistaken, and strategically stupid. At least Lighthizer wrote purtier than the others. But he was anti-multilateral, but refused to acknowledge the US TPP veto.
Two months ago.
And if we ask in 10yrs, which was the greater geopol mistake - Nixon going to China or US not joining TPP - which do we think TODAY it will be 10yrs from now?
cc @teasri@SMTuffy
• • •
Missing some Tweet in this thread? You can try to
force a refresh
The PBOC in Nov 2018 in its Financial Stability Report singled out Evergrande, Fosun, HNA, Tomorrow Group as companies which control multiple financial intermediaries as well as
@jpohhhh@adamscochran@LongShortTrader Points of fact and points of insinuation are always problematic when dealing with a thread which just throws 💩 at a wall.
"John Smith worked too hard in a stressful job, and died of a heart attack." A reader might draw the conclusion that stress killed him. But would have
@jpohhhh@adamscochran@LongShortTrader ignored the part about him smoking two packs of cigarettes, eating 9,000 calories a day, and drinking two six-packs a night.
He may have had a stressful job but saying one and ignoring the other doesn't make it accurate.
@jpohhhh@adamscochran@LongShortTrader Look at 3/31. Net income "struggled" the way Amazon's has. The reason is not much debated. Any equity analyst covering the stock will tell you why.
"They were getting very little actual revenue to grow their empire."
Really? The $65 billion in revenue last year was...
2.25PWh of generation has no concept of peak usage. It is just electricity. It may not be as useful 24/7 as steady state electricity, but it is just electricity. You count it. You work around its inefficiencies. There are grid problems. etc.
farms in any modern sense of the word featured in the up-to-2012 data collected for that 2013 NREL report cited do not compete with modern, existing farms for which we have data.
2.25PWh is 1350x the output of the nearly 10yr old Solar Star Farm which is on 3200 acres.
Total of 1350x3200 acres is 6750 sqm. Other large farms are reasonably similar. As also noted repeatedly, Solar Star is not the most efficient in panels or land use. It's old. But it exists.
More modern empirical data exists. One just has to look a little harder for it.
W, At some point you have to stretch your boundaries.
There is nothing which says 8.3 on Table ES1. I understand your arithmetic now. You are calculating how much a square meter of area generates 24/7/365, even in the middle of the night.
I missed the news Wednesday but VEDL came up with their div. Back in late Oct 2020, they came up with a Rs 9.5 div when the stock was trading < 100 after the Delisting Offer failed. They still "owed" a HUGE passthrough to investors from HZ. They didn't pay it, and the promoters
bought more at 160 < 2mos later. Then bought more at 235 in the Partial Offer. After that, they could pay a big div.
Now it is 310. And rich-ish vs peers.
NOW they are paying a Rs 18.5 div. And they STILL owe shareholders more from HZ passthrough.
Incentives drive outcomes.
That was one of my few timestamps last year.
BTW... The HZ-1 was the model name of a cost-no-object head amp that Pioneer made in the early 1980s. It was (is, if you have one (and I have a few)) simply the best head amp made commercially. Ever.
Seiko NODA also thinking about running and she has had a political role (former Minister for Internal Affairs, and M for Women's Empowerment). Abe critic.
Former FM KONO Taro. Popular with the youngs, but was in charge of vaccine rollout, which has been... less goodly.
Lastly, ISHIBA Shigeru - former Defence Minister and 'security maven', longtime Abe critic - may throw his hat into the ring. People like him. MPs don't. Also, he has criticised BOJ's low rates (which may be why many elderly like him).