Gold collapsing. Bitcoin UP. - page 1292.

tvbcof

legendary

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Quote from: ?? on ??

Time to buy more silver but im in myamar Sad

I never thought I'd buy any more silver, but I'm selling some property and just may park some money there at these prices. Or gold for that matter. If the property sells quickly and only if I can get the phyzzz of course. I'll chat with my CPA and find out the tax ramifications since I have plans for the capital relatively soon-ish (by my standards.)

notme

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Quote from: sidhujag on June 25, 2013, 10:08:42 PM

Quote from: ElectricMucus on June 25, 2013, 03:42:30 PM

China ain't gonna collapse as long as there are production business left in the western world to out-source. Give it another decade.

Right and wrong it takes time for a country to wither away esp one which is second biggest financially. However it will be outsourcing to us as long as there is incentive to do so. The minute that american govt outs a tax on china labour to the corporations then itnwill stop. How can they do this? When energu
costs allow them to compete internally as well as competitive exporting. Who wouldnt pay 5% extra for something made in usa or canada?

As energy becomes cheaper through innovation or politics the choice will become available to do so.

Exactly, energy is key and we are closer than ever to having enough for large scale automation.

sidhujag

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Quote from: ElectricMucus on June 25, 2013, 03:42:30 PM

China ain't gonna collapse as long as there are production business left in the western world to out-source. Give it another decade.

Right and wrong it takes time for a country to wither away esp one which is second biggest financially. However it will be outsourcing to us as long as there is incentive to do so. The minute that american govt outs a tax on china labour to the corporations then itnwill stop. How can they do this? When energu
costs allow them to compete internally as well as competitive exporting. Who wouldnt pay 5% extra for something made in usa or canada?

As energy becomes cheaper through innovation or politics the choice will become available to do so.

Frozenlock

sr. member

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Holy Batman!

Silver down 2.87%

Gold down 1.58%

Weeeee!

ElectricMucus

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Marketing manager - GO MP

Quote from: notme on June 25, 2013, 08:26:38 PM

Quote from: ElectricMucus on June 25, 2013, 08:23:45 PM

Quote from: notme on June 25, 2013, 08:15:49 PM

Quote from: ?? on ??

Quote from: ElectricMucus on June 25, 2013, 07:59:35 PM

Also there are cultural reasons of why the US won't become relevant again

WTF is this? Jocks collapsing. Nerds up Shocked

Just Alex Jones being a fucktard as usually. Nobody important pays any attention to that guy.

The guy should be granted the title "Most typical US-American" by a committee of Chinese Sociologists. Grin

Seriously for me he's a symbol of many things that went wrong in the US.

I will admit he has an audience, but while loud they are a very small minority.

It's not really him or his audience which this is about. It is the die hard attitude of the majority in general that will be your downfall.
But thats the problem in Europe too.

But I don't see that as such a bad development, since politics aside it does rise the average living standard world-wide.

notme

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Quote from: ElectricMucus on June 25, 2013, 08:23:45 PM

Quote from: notme on June 25, 2013, 08:15:49 PM

Quote from: ?? on ??

Quote from: ElectricMucus on June 25, 2013, 07:59:35 PM

Also there are cultural reasons of why the US won't become relevant again

WTF is this? Jocks collapsing. Nerds up Shocked

Just Alex Jones being a fucktard as usually. Nobody important pays any attention to that guy.

The guy should be granted the title "Most typical US-American" by a committee of Chinese Sociologists. Grin

Seriously for me he's a symbol of many things that went wrong in the US.

I will admit he has an audience, but while loud they are a very small minority.

ElectricMucus

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Quote from: notme on June 25, 2013, 08:15:49 PM

Quote from: ?? on ??

Quote from: ElectricMucus on June 25, 2013, 07:59:35 PM

Also there are cultural reasons of why the US won't become relevant again

WTF is this? Jocks collapsing. Nerds up Shocked

Just Alex Jones being a fucktard as usually. Nobody important pays any attention to that guy.

The guy should be granted the title "Most typical US-American" by a committee of Chinese Sociologists. Grin

Seriously for me he's a symbol of many things that went wrong in the US.

notme

legendary

Activity: 1904

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Quote from: ?? on ??

Quote from: ElectricMucus on June 25, 2013, 07:59:35 PM

Also there are cultural reasons of why the US won't become relevant again

WTF is this? Jocks collapsing. Nerds up Shocked

Just Alex Jones being a fucktard as usually. Nobody important pays any attention to that guy.

ElectricMucus

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Well I can't read Mandarin nor Hindi, so I'll have trouble even looking for one.

notme

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http://www.businessinsider.com/the-worlds-best-engineering-schools-2012-6?op=1

World's 50 best engineering schools.
I count 8/50 from outside the US. India did make the list with University of Mumbai at number 41, but I don't see any Chinese institutions. However I'll give you that this is an English speaking publication, so I invite you to find a source that disagrees.

ElectricMucus

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Quote from: notme on June 25, 2013, 07:58:39 PM

Tell me why it would. What nation's university system attracts more engineering students than the US?

Chinas
oh and India.

I think of all people bitcoiners should get what it means that Avalon & Asicminer won the ASIC race.
Also there are cultural reasons of why the US won't become relevant again

notme

legendary

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Quote from: ElectricMucus on June 25, 2013, 07:55:49 PM

Quote from: notme on June 25, 2013, 03:56:18 PM

Quote from: ElectricMucus on June 25, 2013, 03:45:29 PM

Quote from: notme on June 25, 2013, 03:44:03 PM

Quote from: ElectricMucus on June 25, 2013, 03:42:30 PM

China ain't gonna collapse as long as there are production business left in the western world to out-source. Give it another decade.

In another decade China's exports will have collapsed as American robots and 3D printers lead a resurgence in western manufacturing. Even China can't beat unpaid labor.

3D Printers are robots.
And who is gonna build the robots? And most importantly who's gonna supply the raw materials?

Robots will do most robot manufacture, and some repair. There will always be maintenance people, but a 5 man team can keep an entire factory rolling. Since there is almost no labor demand, their wages won't be that high anyway. We may be slightly more than a decade away, but I believe we will see significant progress towards this.

You have no idea how many junkyards with over 50,000 tons of scrap steel I have within 100 miles of my house. Americans have been throwing shit away like crazy for decades. We also mine quite a bit of various metals. Yes, there are some resources we lack, but we have a great abundance of energy and arable land.

All the labour will be in engineering. Tell me why that will not be outsourced.

Tell me why it would. What nation's university system attracts more engineering students than the US?

Also, these guys are already selling product: http://www.rethinkrobotics.com/

You'd better hope your job is harder than what these $22k robots can do with a little training (demonstration by a human, not programming).

Regardless, it doesn't matter who makes them initially. Manufacturing jobs are going away and manufacturing will occur on a more local basis.

ElectricMucus

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Quote from: notme on June 25, 2013, 03:56:18 PM

Quote from: ElectricMucus on June 25, 2013, 03:45:29 PM

Quote from: notme on June 25, 2013, 03:44:03 PM

Quote from: ElectricMucus on June 25, 2013, 03:42:30 PM

China ain't gonna collapse as long as there are production business left in the western world to out-source. Give it another decade.

In another decade China's exports will have collapsed as American robots and 3D printers lead a resurgence in western manufacturing. Even China can't beat unpaid labor.

3D Printers are robots.
And who is gonna build the robots? And most importantly who's gonna supply the raw materials?

Robots will do most robot manufacture, and some repair. There will always be maintenance people, but a 5 man team can keep an entire factory rolling. Since there is almost no labor demand, their wages won't be that high anyway. We may be slightly more than a decade away, but I believe we will see significant progress towards this.

You have no idea how many junkyards with over 50,000 tons of scrap steel I have within 100 miles of my house. Americans have been throwing shit away like crazy for decades. We also mine quite a bit of various metals. Yes, there are some resources we lack, but we have a great abundance of energy and arable land.

Getting and processing raw material and certain kind of assembly will not be done by autonomous robots for another decade.
Then all the labour will be in engineering. Tell me why that will not be outsourced.

vokain

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Thinking of you Doc Wink

http://www.acting-man.com/?p=24310

paraipan

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Quote from: S3052 on June 25, 2013, 03:40:52 PM

Quote from: N12 on June 25, 2013, 03:37:39 PM

Quote from: S3052 on June 25, 2013, 03:33:40 PM

perhaps the thread should be renamed:
Gold collapsing, Bitcoin DOWN, Litecoin UP

You got it all wrong.

Gold collapsing, Bitcoin DOWN, US Dollar UP. Cheesy

this is for sure also a valid one

or:
China collapsing, Europe DOWN, soccer UP

notme

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Quote from: ElectricMucus on June 25, 2013, 03:45:29 PM

Quote from: notme on June 25, 2013, 03:44:03 PM

Quote from: ElectricMucus on June 25, 2013, 03:42:30 PM

China ain't gonna collapse as long as there are production business left in the western world to out-source. Give it another decade.

In another decade China's exports will have collapsed as American robots and 3D printers lead a resurgence in western manufacturing. Even China can't beat unpaid labor.

3D Printers are robots.
And who is gonna build the robots? And most importantly who's gonna supply the raw materials?

Robots will do most robot manufacture, and some repair. There will always be maintenance people, but a 5 man team can keep an entire factory rolling. Since there is almost no labor demand, their wages won't be that high anyway. We may be slightly more than a decade away, but I believe we will see significant progress towards this.

You have no idea how many junkyards with over 50,000 tons of scrap steel I have within 100 miles of my house. Americans have been throwing shit away like crazy for decades. We also mine quite a bit of various metals. Yes, there are some resources we lack, but we have a great abundance of energy and arable land.

N12

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Robots. Robots building robots. The singularity and post-scarcity society is coming. I wonder if we will be needing money then anymore. Cheesy

ElectricMucus

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Quote from: notme on June 25, 2013, 03:44:03 PM

Quote from: ElectricMucus on June 25, 2013, 03:42:30 PM

China ain't gonna collapse as long as there are production business left in the western world to out-source. Give it another decade.

In another decade China's exports will have collapsed as American robots and 3D printers lead a resurgence in western manufacturing. Even China can't beat unpaid labor.

3D Printers are robots.
And who is gonna build the robots? And most importantly who's gonna supply the raw materials?

notme

legendary

Activity: 1904

Merit: 1002

Quote from: ElectricMucus on June 25, 2013, 03:42:30 PM

China ain't gonna collapse as long as there are production business left in the western world to out-source. Give it another decade.

In another decade China's exports will have collapsed as American robots and 3D printers lead a resurgence in western manufacturing. Even China can't beat unpaid labor.

ElectricMucus

legendary

Activity: 1666

Merit: 1057

Marketing manager - GO MP

China ain't gonna collapse as long as there are production business left in the western world to out-source. Give it another decade.

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