If a popular player wants to win the WC badly but doesn't have a strong national team. He can invest in talents in his country and get them to the top Europe league and maybe in 5-10 years, they reach good levels to make the national team stronger. Continued 👇...
@elonmusk In September 2003, at a hearing of the House Financial Services Committee, Congressman Ron Paul identified the housing bubble and foretold the difficulties it would cause: "Like all artificially-created bubbles, the boom in housing prices cannot last forever.
@PerBylund Even if they get zero tariffs between China and US would that change any dynamics? Next thing would be China subsidizing their industries which is unfair to US company so the Collectivist right want to subsidize US industries.
@LudwigNverMises Smart phone industry is more profitable than Space industry so the speed of copying is less with respect to Elon's SpaceX innovation. Space industry relies on Government contracts. Tesla has tech superiority but China can build EVs that are 50% of Tesla which is enough for market
@PerBylund China subsidizes their industries and builds products, okay US should follow the same because we have to compete and also let's throw the national security reason as well so that cronyism thrives.
@PeterSchiff Lowering of tariffs by other countries is a win for liberty? Not just Americans. Europe, India, Japan and other people could benefit from zero tariffs.
@PerBylund@boriquagato If a country removes their tariff on US products and US removes the tariff on them they could do more business with US until other countries reduce the tariffs with US. Is it a profit discovery moment like Kirzner says?
@elonmusk Remove barriers like excessive spending by the government and regulation for Entrepreneur. Congress votes to add $5 trillion to debt. What is the point of DOGE? Is it just for creating negative name for democrats. There won't be any spending cuts from the Congress.
@PerBylund Markets can optimize irrational behavior but can self correct. People might prioritize intervention over liberty as emotions can influence them.
@SBakerMD@SecKennedy@BrookeLRollins It's all because of regulations and excessive spending you have Inflated the real estate prices and put in regulations that would forbid local production.
@PerBylund During my school days I wanted to ask a lot of questions beyond the curriculum because school gives limited context on a topic like what creates Earth's magnetic field. With AI, it's now available to students.
@PerBylund Austrian economics rejects empirical analysis because it's impossible for a person or system to have all the information in the economy. Covid credit expansion goes on despite Fed hiking interest rates. Timing of boom and bust is harder to predict is it flaw in Austrian Economics