Lone Wolf Posted October 30, 2024 Posted October 30, 2024 2 hours ago, ravishingravi said: @Lone Wolf I try hard but can't understand your view on RG. But damn, you are so right on US. Quicker this monster goes down better for the world. There is literally no version of this country that will be net useful for the world. As long as US has an semblance of power, it will be source of all conflicts and regime changes around the world. It is UK during peak colonialism just multiple times worse. Don't think US supremacy can end. It can shrink sure but can't be ended..They have way too many resources to fall back on which others don't have. Decent enough TFR (much better than Europe) enormous landmass with natural resources at their disposal + cutting edge tech & they will keep poaching quality minds from developing nations. As much as love to see the monster go down but don't see that happening.
vvvslaxman Posted October 30, 2024 Posted October 30, 2024 I just checked the latest stat (2024). California's GDP is more than India's GDP
ravishingravi Posted October 30, 2024 Author Posted October 30, 2024 (edited) 3 hours ago, Lone Wolf said: Don't think US supremacy can end. It can shrink sure but can't be ended..They have way too many resources to fall back on which others don't have. Decent enough TFR (much better than Europe) enormous landmass with natural resources at their disposal + cutting edge tech & they will keep poaching quality minds from developing nations. As much as love to see the monster go down but don't see that happening. For sure. And it is very gifted nation in terms of its geography too. But so was rome and they last 1000 years and looked impregnably for the best part. As a power it will remain dominant but I believe it will be cut to size in time. It is falling into usual traps that great powers do. Debt, over spending, wrong priorities, corruption, decadence etc. In the 90s, it was unthinkable that there would be a rival in less than 30 years.But then 9/11, Afghanistan, Iraq and 2008 started levelling things. And now China is their biggest rival. When the Kaal chakra turns, pieces fall into place to makes movements happen. Edited October 30, 2024 by ravishingravi
ravishingravi Posted October 30, 2024 Author Posted October 30, 2024 1 hour ago, vvvslaxman said: I just checked the latest stat (2024). California's GDP is more than India's GDP Should be considered as discovery of the year.
vvvslaxman Posted October 30, 2024 Posted October 30, 2024 5 minutes ago, ravishingravi said: Should be considered as discovery of the year. i just realized Cal went past india. wasnt the case b4
ravishingravi Posted October 30, 2024 Author Posted October 30, 2024 Just now, vvvslaxman said: i just realized Cal went past india. wasnt the case b4 It's the greatest success story in history of mankind. But GDP is not a great metric in nominal $ terms. It's PPP that matters.
ravishingravi Posted October 30, 2024 Author Posted October 30, 2024 Great podcasts which when one views with an open mind will conclude things will get worse irrespective of who is elected. It's trump or establishment. And both are bad.
G_B_ Posted October 30, 2024 Posted October 30, 2024 Re usa supremacy I think if nato gdp in usd terms slips to less than 50% we will enter a phase of a multi polar world. Its currently around 60% (needs to be checked). More than collapse we are looking at a world with multiple poles
G_B_ Posted October 31, 2024 Posted October 31, 2024 3 hours ago, vvvslaxman said: I just checked the latest stat (2024). California's GDP is more than India's GDP That california gdp is worth ****. Things are so expensive that in ppp terms the typical texan is much richer. 50k in houston is worth more than 150k in most cities in CA. I laugh when people living in bay area boast of 200k salaries. Secondly california and new york disproportionately benefit from companies being headquartered there. For example, the irish gdp is abnormally high due to being a tax haven to companies in the EU. Not a wise idea to compare a sub unit to a country ravishingravi 1
jigjig Posted October 31, 2024 Posted October 31, 2024 26 minutes ago, G_B_ said: That california gdp is worth ****. Things are so expensive that in ppp terms the typical texan is much richer. 50k in houston is worth more than 150k in most cities in CA. I laugh when people living in bay area boast of 200k salaries. Secondly california and new york disproportionately benefit from companies being headquartered there. For example, the irish gdp is abnormally high due to being a tax haven to companies in the EU. Not a wise idea to compare a sub unit to a country Things are not expensive in India?
Muloghonto Posted October 31, 2024 Posted October 31, 2024 2 minutes ago, jigjig said: Things are not expensive in India? Except for raw meat and restaurant food, things are nowhere as expensive in India as in western nations. Chaos 1
jigjig Posted October 31, 2024 Posted October 31, 2024 (edited) 1 minute ago, Muloghonto said: Except for raw meat and restaurant food, things are nowhere as expensive in India as in western nations. For the same standard of living India is more expensive. This is my experience Edited October 31, 2024 by jigjig kepler37b 1
jigjig Posted October 31, 2024 Posted October 31, 2024 One pays 4 - 6 months of salary in India for 0 returns..they call it tax here Stan AF 1
Muloghonto Posted October 31, 2024 Posted October 31, 2024 30 minutes ago, G_B_ said: That california gdp is worth ****. Things are so expensive that in ppp terms the typical texan is much richer. 50k in houston is worth more than 150k in most cities in CA. I laugh when people living in bay area boast of 200k salaries. Secondly california and new york disproportionately benefit from companies being headquartered there. For example, the irish gdp is abnormally high due to being a tax haven to companies in the EU. Not a wise idea to compare a sub unit to a country If 50% of Silicon valley moves away from California, California's GDP would drop by 30%. California is one of the poorest states in USA by living standards. One of the lowest disposable income levels, one of the lowest home ownership levels, one of the highest unemployment rates in the nation. California basically gets to inflate its economy absurdly, like mumbai does, simply due to corporate headquarters recording their corporate profits in California. The richer states in USA arent california, New York or Washington, they are states like North Carolina, texas, arizona, georgia etc - where properties are LITERALLY 2-4 times cheaper, cost of living is 50% less, while you only end up making 10-15% less as actual income ( take away the corporate income that gets added to the GDPs of states, because that 'per capita' contribution from corporate income means jack diddly squat to people- not even a person gets to see that money, its simple corporate income that a corporate entity made). The houses in bay area that are 2 million USD are literally the same house in houston or charlotte is like 200-300K. When properties and rent are so vastly different, it matters more than whether compay x is paying you 150K/yr or 120K/yr. The biggest mistake people make, particularly desi people, is go crazy at the 'tankhwa kitna' angle, completely ignoring the 'mehngai kitni'. In Cali, if you take home 6-7,000 per month, you are spending AT LEAST 4000-5000 just for rent+car+food. That bill, in Dallas or Houson or Raleigh or atlanta is like 2000-3000. Makes a big difference actually. Same story in Canada. Met so many desis over the years who are so proud to be from 'muh t-dot, the centre of the universe, toronto powwaaa' and gleefully brag how they make 20-25K/yr more than even Albertans do in alberta but forget that his T-dot life is about 2.5-3x more expensive than same life in Calgary or Montreal. mishra, G_B_ and ravishingravi 2 1
Muloghonto Posted October 31, 2024 Posted October 31, 2024 9 minutes ago, jigjig said: For the same standard of living India is more expensive. This is my experience You must've failed math or come from Doon School kind of background if you think that. Even Mumbai is way cheaper to live in than San Fran in real dollar value. The only thing in India, that isnt 3-4 times cheaper than in murrica are fuel and meat/fish. They are the same price. Rest, everything is 3-10 times cheaper. India is also actually nicer/cheaper for poorer people to live in than USA, since USAis absolute dog-**** when it comes to transit ( buses/trains etc) and India does better at this than even Canada for most part, as only Toronto, Montreal and Vancouver can compare to even tier-B cities in India for person without car getting around city. All other Canadian cities, even big ones like Edmonton & Calgary or Regina,you are screwed if you dont have a vehicle. I am not talking about 2 hr commute time, i am talking about just not able to get to point A coz there are no buses/trains within 10km of it, period.
jigjig Posted October 31, 2024 Posted October 31, 2024 11 minutes ago, Muloghonto said: You must've failed math or come from Doon School kind of background if you think that. Even Mumbai is way cheaper to live in than San Fran in real dollar value. The only thing in India, that isnt 3-4 times cheaper than in murrica are fuel and meat/fish. They are the same price. Rest, everything is 3-10 times cheaper. India is also actually nicer/cheaper for poorer people to live in than USA, since USAis absolute dog-**** when it comes to transit ( buses/trains etc) and India does better at this than even Canada for most part, as only Toronto, Montreal and Vancouver can compare to even tier-B cities in India for person without car getting around city. All other Canadian cities, even big ones like Edmonton & Calgary or Regina,you are screwed if you dont have a vehicle. I am not talking about 2 hr commute time, i am talking about just not able to get to point A coz there are no buses/trains within 10km of it, period. Come and stay buddy. Buy a house in Mumbai or Gurgaon. Then let's also have a maths quiz. You have no chance kepler37b 1
ravishingravi Posted October 31, 2024 Author Posted October 31, 2024 4 minutes ago, jigjig said: Come and stay buddy. Buy a house in Mumbai or Gurgaon. Then let's also have a maths quiz. You have no chance I am from Mumbai. And I can tell you that there is no comparison. However Mumbai is bad outlier in terms of real estate only. So if one views real estate in isolation, then maybe it is in the same league as California or new york relatively speaking. However, that's real estate in one city of Mumbai. Average savings for same salary as US and India is atleast 3-4x better with better accessible healthcare and house help but not great parks of great air quality. That's the trade off. Not on tangibles but on intangibles.
jigjig Posted October 31, 2024 Posted October 31, 2024 3 minutes ago, ravishingravi said: I am from Mumbai. And I can tell you that there is no comparison. However Mumbai is bad outlier in terms of real estate only. So if one views real estate in isolation, then maybe it is in the same league as California or new york relatively speaking. However, that's real estate in one city of Mumbai. Average savings for same salary as US and India is atleast 3-4x better with better accessible healthcare and house help but not great parks of great air quality. That's the trade off. Not on tangibles but on intangibles. Air quality, horrible roads , traffic jams, mentally stress, dealing with govt babus. Every simple transaction here can suck your blood out and have long term impact on your health. This is not a cash only calculation. The intangibles will have a monetary impact too.
ravishingravi Posted October 31, 2024 Author Posted October 31, 2024 (edited) 10 minutes ago, jigjig said: Air quality, horrible roads , traffic jams, mentally stress, dealing with govt babus. Every simple transaction here can suck your blood out and have long term impact on your health. This is not a cash only calculation. The intangibles will have a monetary impact too. I totally agree but intangibles work both way and depend on what deal you are getting. I know because I have done that deal with all these considerations. Put other things in the mix besides money. Proximity to work place, proximity to family, job / hobby opportunities, work life balance, social life vs isolation, cultural connect to nation, experiences of racism / discrimination etc. In my experience, people take too much generic view in their evaluation. It has to be individual's story, his choices and specific opportunities that he is getting. Edited October 31, 2024 by ravishingravi
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