Friday, July 01, 2016

July 1, 2016

Must-watch interview of Mark Blyth. You know we as a species are fscked when a video like this has only 12,534 views while Gangnam Style exposes overflow problems in the hits counter variable. The money shot (even better to hear it from the man himself, with his charming--Scottish?--accent):
...It's not going to sustain itself. So, you know the Germans have this thing that we don't want it to become a transfer union. What do you think you're in? Right? At the end of the day, you're transferring labour, skills, responsibilities, it goes with the gig. And you did an undervalued exchange rate by having your super-efficient economy buried in all these less-efficient economies so that you can sell more BMWs to the Chinese.
And this has relevance to what I mentioned yesterday about allowing malls to be open 24 hours a day (as in, this is the argument you should be using, and not the dishonest and cynical stuff):
Here's the problem: What do you mean by reforms? Some abstract notion that you should get into the pharmacy monopoly. Let's fuck pharmacists. I can now buy my meds over the counter in a supermarket which got deregulated hours so it's cheaper so we can all buy drugs at ten o'clock at night. Please tell me how that invigorates an economy that has lost 30% of its GDP. This is a fantasy.