(untitled)

1. Tech stocks are in a bubble. 2. Poster boy of USA "disruptive" tech companies is a con man (pathological liar and is in debt well above tip of his head thanks to loans from China). His companies' stocks are in hyperbubble. 3. Governments around the world are pushing "green energy" in form of solar panels and wind turbines in times when base metals mining and precious metals (especially silver needed for all of this) mining are in decline with their production and when developing new mines from initial research can take 10-20 years before it reaches production. How could that affect future of technology?

>1. Tech stocks are in a bubble. >2. Poster boy of USA "disruptive" tech companies is a con man (pathological liar and is in debt well above tip of his head thanks to loans from China). His companies' stocks are in hyperbubble. I think we're about to see the fall of the USA or a global economic crisis. >3. Governments around the world are pushing "green energy" in form of solar panels and wind turbines in times when base metals mining and precious metals (especially silver needed for all of this) mining are in decline with their production and when developing new mines from initial research can take 10-20 years before it reaches production. China owns most mines of rare earth metals and "clean energy" metals like lithium. Countries siding with China should have access to those. >How could that affect future of technology? Prices will go up but in the same time competition and alternative manufacturing processes will emerge.

It is funny how morons on imageboards are more knowledgeable and capable of predicting bubbless and crashes analysts with decades of experience.

>>51079 Are you ironic or serious? It's hard to tell.

>>51078 >China owns most mines of rare earth metals and "clean energy" metals like lithium. Countries siding with China should have access to those. Even if China can shorten time world still needs few dozens of more active producer miners than we have right now. There is no enough steel and silver right now, copper too.

>>51080 Why not both? BTW you don't need to be idiot to see bubbles.

It's all fake. Stock market is completely disconnected from any sort of economic 'reality' and bubble/crash cycle isn't really a thing anymore because money is free. And that's awesome, unless you go full Japan and turn your entire economy into a zombie. As to raw materials, that's completely irrelevant. The spice must flow, alright? Money talks, always. Soviet Union was selling oil, natural gas, coal, steel, chemicals etc to the west during the cold war. Soviets and Americans were fighting multiple proxy wars around the world and that didn't prevent them from doing business.

>>51079 analysts have been sounding the alarm bells for years and years on this stuff. Shit's gotten pretty bad in just the first few days. Look up "EverGrande". >>51110 >Stock market is completely disconnected from any sort of economic 'reality' You have to be very ignorant about the stock market to think this. Markets react to most news within seconds. >money is free that would be nice wouldn't it? Unfortunately printing money tends to cause inflation and taking out loans means you're giving away a lot of collateral. It's only "free money" if you're some kind of elected official with a short fixed term and no responsibility to anyone besides your retarded voter base. >As to raw materials, that's completely irrelevant. Next you'll tell me it doesn't matter how much food you grow because you can just buy more with funny money. >Soviet Union was selling oil, natural gas, coal, steel, chemicals etc to the west during the cold war. Soviets and Americans were fighting multiple proxy wars around the world and that didn't prevent them from doing business. Yeah duh,

>>51110 >As to raw materials, that's completely irrelevant nice b8 m8 we cannot "digitally print" silver (especially scarce etal nowadays), steel and few other resources that is not mined in sufficient quantities to fulfill demand that is going to exist in next few years if politicians are really going to push their "green new deals" to be completed before 2030.

>>51110 >bubble/crash cycle isn't really a thing anymore because money is free The crash cycle exists because money is free >print money >investors start new projects >prices rise >new projects are no longer profitable >businesses close and jobs are lost >print more money to boost economy again...

>>51141 nice to see someone else who understands basic economics

>>51078 >China owns most mines of rare earth metals and "clean energy" metals like lithium. Countries siding with China should have access to those. There's enough lithium in 1 cubic Km of seawater to provide for 50000 average modern electric cars, using existing filtering tech. There's over 1.37 billion cubic Km of seawater. If completely harvested, there's enough lithium in the oceans to make enough current-design batteries with a conservative 5-year lifespan for every individual living today for 1700 years. And that's assuming that there's absolutely zero recycling, no improvement in battery tech that reduces lithium usage, and no improvement in battery lifespans. Lithium is not fuarrrking rare, and neither are most other "rare" earth elements. Stop falling for this fossil-fuel gaslighting. The only reason this method isn't used is because, for the moment, mining is cheaper and countries rich in lithium deposits are not restricting exports. If lithium prices rise and/or countries restrict exports, any country with an ocean coastline and an electric car industry can simply swap mining with seawater filtration. >>51077 Awww, $TSLA shorts not doing as well as you'd planned? Show me on the doll where the bad electric spaceman touched you.

>>51141 >>51149 Speculative bubbles have existed throughout the entire history of capitalism, both when governments "printed money" to manage their economies and when they didn't. You in fact have a very poor understanding of economics.

>>51174 >Speculative bubbles have existed throughout the entire history of capitalism, both when governments "printed money" to manage their economies and when they didn't. No one said they have not. But that's irrelevant. > You in fact have a very poor understanding of economics. And that is because?

>>51172 Extracting minerals with no biological function like uranium and thorium from seawater is one thing, but lithium is in fact an essential nutrient in various biological systems and I doubt we could get away with mass lithium extraction from sea water without serious ecological consequences.

>>51186 well nobody gives a soykaf about over-extracting anything else from the ocean so why would they care about lithium? Come on man, I need another phone!!!

>>51187 I hate humans so much. Do not touch the fuarrrking ocean. The ocean is the main producer of oxygen - fuarrrk that up and the entire ecosystem will be affected. Just look at this soykaf: https://climate.nasa.gov/news/3112/protecting-the-ozone-layer-also-protects-earths-ability-to-sequester-carbon/ This is what careless modifying the planet can lead to.

>>51174 >Speculative bubbles have existed throughout the entire history of capitalism Why do you change the subject? We were talking about the continuous boom-bust cycles we've had since moving to pure fiat, not occasional one off speculative bubbles. >>51184 >And that is because? Because obviously if you understood economics then you'd agree with all his opinions. >>51172 >batteries with a conservative 5-year lifespan Do you not find that horrifying? ICE cars last way longer than 5 years. That's the only reason many people can even afford a car in the first place.

>>51200 >ICE cars last way longer than 5 years. That's the only reason many people can even afford a car in the first place. you dont have to replace the car when the battery dies. the theory is that cost savings from other maintenance tasks will offset the cost of a battery. i havent actually run the numbers but it wouldnt surprise me if this were true. youd of course ve left with the fact that people are bad with money and wouldnt save up for the new battery with their savings, but it also wouldnt surprise me if dealers started including one battery change with the cost of the car, as part of the warranty.

>>51201 yeah electric cars break down way slower than ICE cars. Electric motors just have less moving parts than a combustion engine.

>>51079 People largely side with consensus against their own judgement. Read psych study where they did an experiment with doctors and 4/5 were actors. 5th largely never spoke out against obvious mistakes. So randoms can beat the expert simply cause they are free from external bias. >>51077 Stock values are influenced by fiat monopoly money gov prints at will. 40% of all existing $ were printed in just 2020. The price can be whatever they want it to be. I honestly don't know why anyone would consider these prices indicative of anything outside of them being supported and I think as long as they comply with feds they will stay afloat simply for being useful.

>>51201 >you dont have to replace the car when the battery dies The batteries are are prohibitively expensive though. If ICE cars required a $10.000 engine rebuild every 5 years and large numbers of poor people would be effectively locked out of the market. I guess it will depend on how cheap batteries can be made and how useful part worn batteries will be. >>51208 >fiat monopoly money gov prints at will Governments don't print money. Governments sell bonds to banks who then use them as collateral to borrow money from a central bank. The central bank granting new loans to private banks is where the money creation happens. That's why when everyone wants to know about changes in interest rates or inflation they listen to the central bank (Federal Reserve, Bank of England, ECB etc.) not the government.

>>51396 I simply don't make that distinction. If you make the rules you are the gov. And banks do what they currently do because laws changed. Its interconnected either way. So why bother playing games and not view it as one thing?

>>51434 usually central banks have more leeway than a typical arm of the government. E.G. the president can't just give the chairman of the federal reserve orders and expect them to be carried out. This is by design, otherwise you'd get even more funny-money bullshit than we have now.

>>51435 He kinda did actually. They passed a law that allowed fed to print more money and funnel it to a specific hedge fund. Now its not a direct order but enabling it comes down to same result. Without him it would be impossible.

>>51436 who's "he"? Also what law specifically are you referring to?

>>51434 >So why bother playing games and not view it as one thing? It is a common myth that governments control money so I wanted to correct you because new information might trigger you to reevaluate some false assumptions you've made about the world. But you're free to go into denial remain ignorant too if you want.

>>51437 Analyze what context of what you are reading, Lainon. He means the president. >>51396 I'm happy to see more and more people are not just talking about the central bank, but understanding how they operate. Now if we could just get people to reject it...

>>51461 stop paying interest on loans is a good start. I liked this documentary: America: Freedom to Fascism There are two versions on youtube, I watched the "director authorized" one.

>>51461 >Analyze what context of what you are reading, Lainon. He means the president. Like, the current president? Because in context "the president" means the office of the president, which is not a person.

he left: I dont make enough money, I need a min wage increse The right: you dont want a min wage increase, that leads to an economic feedback loop and higher prices the left: shut up racist ur dum lolololol 18months later the left: I dont make enough money, I need another min wage increse The right: you dont want a min wage increase, that leads to an economic feedback loop and higher prices the left: shut up racist ur dum lolololol

>>51697 You know this is a cyberpunk website, right?

>>51697 I'll take the bait because I'm bored. What would you suggest for higher wages?

>>51697 Higher wages only produce a feedback loop if the economy is already doing well. If not, businesses make more money off the slew of people who can now afford their product then they would trying to squeeze the extra dollar out of their existing consumers. (This has the side effect of upping production and creating jobs. Businesses have economies of scale on their side, so 1 more dollar for 10,000 workers =/= $10,000 dollars less profit, necessarily).