Reddit refuge

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Joined 3 years ago
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Cake day: June 16th, 2023

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  • China’s weaponization of trade

    Eh, I don’t think the threat of Chinese trade is that it is being strategic. The problem is that China has set itself up so that it only really needs natural resources to maintain its economy and won’t/can’t open itself up to import other manufactured goods of significant quantity.

    It is incredibly hard for any industrial or service led economy to export enough goods and services to China to make up for the goods that China wants to export.


  • Clothes as a signifier of wealth has dropped over the last quarter of the 20th century as the ability to dress down at work was a form of displaying power at work. For the insanely wealthy, they but designer clothes, but they are buying more for the better materials and workmanship; branding on the clothes is understated and can usually requires an education by the people looking at it.

    There are some brands who are for the aspirationaly wealthy who do display their brands more conspicuously, but they aren’t for the billionaires.