Tesla's market share in China is about 1/3 of what it was in 2021.
A base Tesla Model 3 sells for about $32k in China.
A BYD sells for $9k.
Tesla is way behind.
BYDs are banned in America, but are very popular in many Asian countries.
53% of new cars sold in China are EVs.
8% of new cars sold in America are EVs.
Groundwater depletion doesn't slow the Earth's rotation, it increases it. When water is pumped from high altitudes and ends up in the ocean, it speeds up the rotation. But a bigger factor is when groundwater is pumped from tropical areas (India is the biggest pumper), and then spreads out over the global ocean, speeding up the rotation even more.
Melting mountain glaciers speed up the Earth's rotation, but melting polar glaciers slow it.
Thermal expansion of the oceans slows the Earth's rotation.
But the biggest brake is tidal friction from the Moon.
Oh, yes, I can't imagine how anyone can raise a child in a city with bike lanes.
The horror!
We can't afford houses.
Home ownership rates have barely budged in the last 60 years.
Home ownership rate in 1960: 62%.
Home ownership rate in 2024: 65%.
Houses today are twice as big as houses in 1960, while the average household has gone from five people to three.
Modern Americans have three times as much "house per person" as their grandparents.
Because they can not afford children.
If that were true, then rich people would have the most kids and poor people the fewest.
That is the exact opposite of reality.
Ask not what your civilization can do for you, but what you can do for your civilization.
you cannot stop progress and information spreading.
The Taliban is doing so successfully, and Afghanistan has the highest birthrate in Asia.
how are EU wages doing
Not so good. Europeans earn about 40% less than Americans, and the gap is growing.
how is access to healthcare
8% of Americans lack health insurance.
what is the average lifespan
Average lifespans are mostly determined by demographics, not government policies.
more importantly how happy are people?
Happiness is strongly correlated with hours of sunlight.
European productivity is well behind America, and the gap is widening.
Why Europe's productivity is falling behind
European PE ratios are significantly lower than in America, which means that investors, including European investors, expect European companies to grow more slowly.
BTW, Dimon is a vicious fuck-witted opportunistic asshole.
That doesn't make him wrong.
Correct, the headline should be: Why is Fertility So Low in EXPENSIVE Countries?
The reality is that 'high income' more likely than not means high prices, constant pressure to keep earning money, because there are very few things in 'high income' (expensive) countries that doesn't cost money. We are constantly forced to pay taxes, never mind that in expensive countries large parts of the population live in dense urban areas, in cities and nobody has land that they can live off of. If you have no source of food other than the store and you cannot avoid paying taxes and paying high costs of owning or renting a property, then you are constantly under pressure to earn money.
In an expensive country you have expensive government and this government never ceases to pressure you to pay more taxes, makes things truly unaffordable by pretending to give it to you for free, basically in expensive countries you are forced to provide not only for yourself and for your children and maybe for your elderly parents, you are forced to provide for your expensive government.
An expensive government is obviously the cost of running the government itself, salaries, pensions, buildings, all expenses but it is also all of the laws, that are constantly adding more and more expenses to the system, thus mostly forcing the government to get deeper into debt and to steal your purchasing power through inflation (money printing).
Under these circumstances people who have access to contraceptives will use them almost always and this prevents almost all unwanted pregnancies. The other part of the population is just too stressed out and too tired from constant earning to pay for all of this 'high income' expensive stuff.
At the end children become a luxury for those, who can afford just a little more than the other guy or they become a way to suck money out of the system itself by getting onto various programs. They are an irrational choice for many, so to have them you either have to have a direct financial incentive or to be irrational or to be wealthy enough to afford them.
White phosphorus is used for incendiary munitions, not for solar panels.
Billions of people somehow manage to survive with copper wires in their walls.
in the fields and under the sun for $7.25 an hour.
The median wage in America for agricultural labor is $17 per hour.
$22 per hour in California.
The lowest is Georgia, at $11 per hour.
One way to get more people to look for a job is to fire them.
People looking for jobs are not their customers.
Companies trying to hire are their customers.
Firing people and increasing the number of unemployed makes it easier for hiring companies, so they will spend less money advertising openings on Indeed/Glassdoor.
When power on the grid gets tight, raise the price, and let the market determine who drops out.
If I have seen farther than others, it is because I was standing on the shoulders of giants. -- Isaac Newton
