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Comment Re: This is why we need public health insurance (Score 4, Informative) 106

You should be careful of taking the claims of the Chinese Communist Party at face value. China has universal health insurance, but it is administered in a way that many people canâ(TM)t access critical care *services*.

For example if you are a rural guest worker in a city, you have health insurance which covers cancer treatment, but it requires you to go back to your home village to get that treatment, which probably isnâ(TM)t available there. If you are unemployed you have a different health insurance program, but its reimbursement rate is so low that most unemployed people canâ(TM)t afford treatment.

Authoritarian governments work hard to manage appearances, not substance. This is a clear example. It sounds egalitarian to say everyone has the same health insurance, but the way they got there was to engineer a system that didnâ(TM)t require them to do the hard work of making medical care available to everyone.

If you want an example of universal healthcare, go across the strait to Taiwan, which instituted universal healthcare in the 90s and now has what many regard as the best system in the world.

Comment Re:I'd pay 2k or so (Score 1) 230

That stuff left in the 80s and he'd have to build it up from scratch

It's doable, if he gets a couple of Chinese engineers to help. Designing and building factories is an art in itself, one we've largely lost in the West. But in China, they know how to set up an automated factory, producing goods to the right tolerances, and applying automated QA. They do that pretty much every day.

Comment Re:The American Dream (Score 2) 19

The way to do it is to drum up hype for some fantastic product or service, but disclose enough uncertainties to make it a long shot. With enough hype, enough buzzwords and slick videos, and a few big ticket celebs to endorse your launch, investors will still come. They figure it as a high risk/high reward deal, they have several on the go and hope that one or two of them will pay off to make up for all the others that fail. When your business inevitably fails, you'll have extracted enough money for yourself from it (there's several ways), and your investors will chalk it up as just another loss on something they didn;t do sufficient due diligence on.

Outright lying about your product though... that's bad enough and opens you up to prosecution. But lying about the numbers? That is a big no-no... They will come after you for that, with a vengeance.

Comment Re: effective? (Score 4, Insightful) 131

The COVID mRNA vaccines were the culmination of decades of research into genetic vaccines that could be in essence engineered to target a selected antigen without the years of trial and error that are required by the methods we have been using since the 1950s. Within days of the virus genome being published, they had a vaccine design, the months it took to get to the public were taken up with studies of the safety and effectiveness of the heretofore untested technology, ramping up production, and preparing for the distribution of a medicine that required cryogenic storage.

It would be unreasonable not to give the Trump administration credit for not mucking up this process. But the unprecedented speed of development wasnâ(TM)t due to Trump employing some kind of magical Fuhrermojo. It was a stroke good fortune that when the global pandemic epidemiologists have been worried about arrived, mRNA technology was just at the point where you could use it. Had it arrived a decade earlier the consequences would have been far worse, no matter who was president.

The lesson isnâ(TM)t that Trump is some kind of divine figure who willed a vaccine into existence, itâ(TM)s that basic research that is decades from practical application is important.

Comment Re: Time to resurrect the old meme... (Score 1) 249

The dollar being the reserve currency of choice is one thing, what really matters is that oil is traded around the world in dollars. That effectively expands the dollar economy by trillions, and is what allows more dollars to be printed without affecting inflation. Once countries stop selling or paying for oil in dollars, that's when the currency will crash and burn for real.

Comment Re: Talking about the weather (Score 1) 149

Sure, itâ(TM)s quite possible for two people to exchange offhand remarks about the local weather apropos of nothing, with no broader point in mind. It happens all the time, even, I suppose, right in the middle of a discussion of the impact of climate change on the very parameters they were discussing.

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