@RichardMCNgo Index =! size of market cap. If the quantity of shares (number of companies, lack of buy backs)increase at a faster rate than the amount of money flowing into the stock market, the index will decrease, even as market capitalization grows.
@mikalskuterud Uh the “outlying areas” you mention included the nicest homes and suburbs in Toronto while the city center is mostly condos, built for rent. I would think that the outlying areas have much higher net worths, rates of home ownership, and general age.
@JZ281C The tldr is that Pakistan is currently anti India and serves as a counterbalance. A defeated Pakistan can become much more conciliatory towards India. Besides, drone warfare as is favours the defence.
@JZ281C I’d disagree with this. What you’re proposing is akin to saying that if SK invades NK, China should not intervene because NK is too corrupt and everything is stolen by the Kim family
@nondualzero @teortaxesTex Also, it an invasion of Pakistan would be extremely self defeating since it would provide a great opportunity to for China to drag India into a prolonged war of attrition by proxy, and bleed many years of its development potential
@teortaxesTex Another issue is most profits from made in China goods exported to the US are captured by US entities. That’s why it’ll hurt the states more
@HankHeil@ApuBobr The view ultimately is that REEs like semis is a very complex technical discipline and will only be replaceable in a multi decades time, and that China now has a sufficient hold on upstream industrial inputs to dictate whether other nations can industrialize
@HankHeil@ApuBobr Tbh restricting rare earths to the us already shows their hand; no one will trust Chinese REE after this and will try diversify even if the restrictions are rescinded