China Has Overtaken America
Posted3 months agoActive3 months ago
paulkrugman.substack.comOtherstory
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The article by Paul Krugman claims China has overtaken America, sparking a discussion on China's economic challenges and the implications for global politics and individual decisions like learning Chinese.
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Oct 15, 2025 at 3:26 PM EDT
3 months ago
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ID: 45597236Type: storyLast synced: 11/20/2025, 4:35:27 PM
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https://www.laphamsquarterly.org/revolutions/miscellany/paul...
“The growth of the Internet will slow drastically, as the flaw in ‘Metcalfe’s law’—which states that the number of potential connections in a network is proportional to the square of the number of participants—becomes apparent: most people have nothing to say to each other! By 2005 or so, it will become clear that the Internet’s impact on the economy has been no greater than the fax machine’s.”
Seems he was also wrong about social media
Home robots will eventually catch fire.
https://psychcentral.com/health/defending-against-im-just-sa...
You know why you posted that quote, it's not just to "[bring] up a factual quote", it's to imply the man is a fool who's not to be listened to. And when challenged you pretend you're "just posting a quote".
Here's a Krugman quote from today (in fact it's in the post):
> A powerful faction in America has become deeply hostile to science and to expertise in general
McKinsey advised AT&T that the total market for cell phones would be just a handful. McKinsey is going strong.
You're right, he missed that one. Do you think his total track record is poor?
That is actually the issue. All these talking heads, professional experts, writers, etc. make their reputation and money by constantly making predictions while never getting benchmarked.
It's the whole trope behind the book Superforcasters.
https://news.ycombinator.com/item?id=9722096 (June 2015)
https://news.ycombinator.com/item?id=22622773 (March 2020)
https://youtu.be/UltVl2Qlf6A
[1] https://news.ycombinator.com/item?id=45580229
[2] https://www.nytimes.com/2025/09/25/business/china-factory-ro... | https://archive.today/RoygE
[3] https://ember-energy.org/data/china-cleantech-exports-data-e...
It would be difficult to work in China, their green card equivalent is difficult to obtain.
The economic conditions in China right now are very bad for the average person, pretty high unemployment.
Here's an example from the front page, English title is: As a backend programmer writing front-end with the help of cursor, what is the most suitable front-end framework/solution
The comments mentioned all the usual suspects, Angular, Vute, React, next, etc.
https://www.v2ex.com/t/1165949
One thing that some users here would appreciate is their footer:
• Please do not copy and paste AI-generated content when answering technical questions
At least with Japanese if you read a phrase from the guide book they understand but with Chinese if you don't get the intonation right they can't figure what you are on about.
They are mostly happy to do business in English though - it's not a bad place to cultivate business ties.
There is a new K visa that is granted to anyone holds a STEM degree from a well-established college anywhere in the world. People can come to China first and then look for a job. This K visa is less than a month old, so it is unclear how it works. Getting a job is a different story. Past data shows that non-state-owned small businesses created more than 90% of new jobs. Perhaps because they have not fully recovered, the job market is tight.
It’s strange to oppose the two concepts, as if American leadership weren’t itself an authoritarian regime.
As an example, I don’t think Trump can make Sundar Pichai or Tim Cook disappear and then retreat from public life, like what happened with Jack Ma. To be clear I do not hold any of these individuals in high esteem, I am just illustrating the power of Xi Jinping, compared to Trump’s.
What happened to Jack Ma? Other than taking a quiet vacation and then continuing to enjoy his piles of money?
I'm genuinely curious, he is an interesting character. I wonder why he believed he would be able to pull off what he tried to pull off, my only explanation is, he didn't really know what he was doing. I'm always happy when I find new information about him.
If these renewables could run at max capacity 24/7 they'd then produce ballpark high estimate 270 TWh.
Looking at the Chinese comparison chart china adds 2000TWh of annual production per 5 year interval.
Now renewables run at 25% capacity factor on a good day, so the renewable growth with bidenomics would've added 65 TWh of growth in a span of time that china adds 2000. If Trump causes a further drawdown of 100 TWh in renewable capacity it will still only be a rounding error.
The US and most of the west is simply not even competing in this arena, the entire leadership is resting on their laurels and the focus is never on actual development but on policy, regulations and ideology.
Edit: I now see it was Paul Krugman as the author of that article which clearly illustrates my point on ideological drive of the western leadership, here we have an economic Nobel Prize winner that present numbers he either don't understand or misuse to take potshots at a leadership he's unhappy with.
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