Exclusive: China has begun mass producing domestically developed immersion deep-ultraviolet lithography machines, a technology crucial to advanced chipmaking, marking a key step forward in Beijing's drive to reduce its reliance on foreign technologies https://t.co/jFIWhQvLXE
The Bank of Ghana has launched the Monetary Policy Committee Educational Observership Programme (MPC-EOP), welcoming 12 @UnivofGh@ugbsofficial students to the 131st MPC Meetings!
This is part of a broader effort to enhance the transmission and public understanding of monetary policy.
The MPC-EOP bridges theory and practice, giving future economists firsthand exposure to real world policy formulation.
#BankOfGhana #MonetaryPolicy #UniversityOfGhana #CentralBanking
Watching some discussions about China on X feels like watching the conjunction fallacy in real time.
Psychology has a name for it. The conjunction fallacy.
It is the tendency to believe a long, dramatic story is more likely than a simple explanation.
China launches a world-class AI model.
Normal explanation:
“They built a very capable AI model”.
Conjunction-fallacy explanation:
“They couldn’t possibly have built it themselves. They must have copied it, hidden something, manipulated the benchmarks, received infinite state support, fooled the researchers, and somehow every independent engineer missed it”.
This just makes the story less probable with every extra assumption you piled on.
Psychologists and behavioral economists have studied this for decades. Many people mistake a story with more details for a story with a higher probability. It feels richer, so it feels truer.
The same people who say “follow the science” abandon probability the moment China succeeds.
When a Western company ships a breakthrough, it’s called innovation.
When Japan does it, they praise Japanese precision.
When China does it, a dozen extra assumptions appear.
China builds EVs.
“Yes, but at what cost…”
China leads in industrial robots.
“Yes, but at what cost…”
China releases the best AI model.
“Yes, but at what cost…”
China files thousands of patents.
“Yes, but at what cost…”
This pattern has become extremely predictable and boring, really.
For many people, China isn’t allowed to succeed. Every achievement must come with an elaborate conspiracy package before they’re emotionally comfortable accepting reality.
It’s your ideology colliding with the conjunction fallacy, and that doesn’t make your argument intelligent at all.
China is already leading in many areas of advanced manufacturing, EVs, robotics, and AI capabilities. The conjunction fallacy won’t slow scientific progress. It won’t stop engineers from building, researchers from publishing, or companies from innovating.
The only person it holds back is the one trapped inside it. It’s you. Recognize your own confirmation bias before it sends you further down the rabbit hole.
Apple has not encountered one isolated problem in India.
It has encountered a business model.
Tax threats.
Antitrust pressure.
Factory fires.
Supply-chain disorder.
And now the largest leak in Apple’s history—more than 200,000 files dumped on the dark web, including iPhone 18 Pro supplier lists, component details, unreleased photos, and confidential internal data.
This is Apple: one of the richest companies on Earth, backed by armies of lawyers, lobbyists, auditors, and crisis managers.
A smaller company would not “remediate and move on.”
It would be eaten alive.
India keeps selling itself as the next China.
But China built an industrial ecosystem.
India built a screwdriver economy surrounded by legal traps, infrastructure failures, political extortion, and operational chaos.
“Investment graveyard” was never an insult.
It was a warning label.
@KAgbodza Hmmm this our so-called indigenous constructors are our biggest enemy when it comes to our infrastructures,they will never deliver like how the Chinese and other foreign companies will.
UK client's father passed away.
Estate worth £3M.
UK inheritance tax: 40% above £325K = £1,070,000 tax bill.
We'd set up a Panama Foundation 10 years prior.
Assets in foundation = not part of estate.
UK inheritance tax on foundation assets: £0
Family saved: £1,070,000
Cost of foundation: £8,000
Father's foresight = generational wealth preserved.
"Is this legal?"
Yes. That's why the wealthy do it. Is this accurate
Yes, I agree that some of the roads that stood the test of time in our country were built by foreign contractors.
But is is a different era, I have trust in contractors and engineers working on Big Push and all other road projects to rise to the occasion .
This is our Country, Our Opportunity and our Commitment. These are Our Engineers, Contractors and our determination to Build Best.
In God We Trust .
Hon Atta Akyea should know that Wuntumi and Akonta Mining are not first-time offenders regarding illegal mining cases. The AG should have added the previous illegal mining cases to the charges. #JoyNews#Newsfile