Moderately bullish on India, extremely bullish on Indians.
Why? The Indian state itself is generally on the way up (see below), but it's often two steps forward and one step back.
However, it's now good enough to be a launchpad for globally competitive Indians — to achieve both within India, and outside it. tigerfeathers.substack.com/p/the-internet…
The internet works, the power is on. That's all we needed to rise.
Roughly: China is centralized, India is decentralized.
China is pursuing a nationalist socialist strategy that is leading to less global mobility of Chinese citizens outside China, but (arguably) greater military power and coordination within China.
Unlike the Chinese state, the Indian state is increasingly competent but not globally threatening. So it can pursue an internationalist capitalist strategy, combining domestic + diaspora.
Can you do it at home? Great. Otherwise, go seek your fortunes abroad. And send money home.
China plays the world's best home game, but India plays a strong away game. How it may stack up:
- One leader vs a million CEOs
- Ethnostate vs international diaspora
- Great Firewall vs global internet
- CBDC vs cryptocurrency
Sinic centralization vs Dharmic decentralization?
An underestimated factor is that China's rise is causing problems for its diaspora and citizens abroad. Think about Meng Wanzhou, the drop in F-1 visas, the accusations of espionage. In some ways, China is becoming stronger at home but weaker abroad. npr.org/2019/06/04/729…
It's not unidirectional. China is gaining international influence in Iran and many African countries even as it's losing it in parts of the West. But it's a money and infra-driven expansion. Effective in many ways, but not real cultural integration per se. thediplomat.com/2021/09/irans-…
Where it could net out is that Chinese citizens may be welcome in places where China has hard power, and not where the US does.
Indian citizens by contrast may be more globally mobile. India leans West, but it's in both the Quad & SCO. So its diaspora may be less restricted...
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The US government has already named its replacements. By sending manufacturing overseas, the future of hard power is CCP. And by printing trillions of dollars, the future of hard money is BTC.
The BTC point is well debated. On the CCP point, Brose is the former Staff Director of the Senate Armed Services Committee. By his account he could see every line item of America's $700B defense budget, including confidential parts.
But I don't think there's any point in going for the US national government. It is on track to notch world-historical defeats on both economic and military matters. Capturing it is catching a falling knife. Instead, focus on DAOs and startup cities worldwide.
If you believe the premises, you believe the conclusion.
What's up? Tech, Bitcoin, China, India.
What's down? US economic, military, and demographic predominance.
Christian Brose is the former Staff Director of the Senate Armed Services Committee. By his own account he could see every line item of America's $700B defense budget, including all the confidential bits.
"Swallowing the fait-accompli may become the leitmotif of U.S. decline even though acceptable political rhetoric will never allow it to be confessed openly." issforum.org/roundtables/po…
Maier: "In the long run the US is unlikely to overcome the assertiveness of China...Rather than insisting on global leadership, the task of the US should be to manage America’s relative decline in a multipolar system without military conflict." issforum.org/roundtables/po…
When you hear the alternative view, you realize why you don't hear the alternative view.
The numbers are the raw data
Dashboards are presentations thereof
Subjective text accompanies dashboards
Monetizable actions alongside that text
Seems obvious, and already happening, yet also an important lens on what useful information looks like.
Newspapers usually leave their call to action implicit. But it's often "get angry at this guy", then "subscribe now".
The alternative concept of calls-to-action alongside dashboards is interesting. Every action recommended would be explicit, vetted, and possibly monetized.