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Cake day: June 9th, 2023

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  • According to a survey carried out in 2025 in the EU, more than 60% of low-value products inspected did not comply with European requirements or safety standards.

    That is the difference. If you buy it from an EU based retailer, they will have imported something like a shipping container filled with the same type of product. So you need to basically check for that product once, if it is dangerous or whatever. If you get a bunch of very different products coming in via parcels, that can easily be 1000x more checks being required, which is basically impossible to do.

    This is not about punishing China, but to make sure that Chinese sellers are actually following EU laws, when selling their products in the EU.






  • The ones organizing the best. You can see that with unions, politics and a lot of other things. Falling number of people of working age can be dealt with somewhat by forcing people to work. Any way to fight it or even reduce working time per person, by a shorter work week, earlier retirement or even work day helps. Obviously it also depends on industry and global competition. However it currently looks like the system of globalization is splitting up a bit.


  • The key part about this is that this is going to shrink the supply of labour faster then the demand. All the old factories and so forth will still be around. So this strengthens the position of workers against the capital. We also will keep a lot of the old infrastructure. In Western Europe, where we have long term financial data going back centuries, there have been two periods of the wealth gap closing. One was after the Black Death and the other after WW2. In both cases there was a lot of death shrinking the labour force.

    The other key part is that this is already happening. There was a peak in births in 1990 with 143.5million globally. After that it fell for a bit to then hit another peak in 2012 with 146.1million. Current UN projects are that that will be the peak in the foreseeable future.

    This is why the leadership class is talking about birth rates so much. They are worried about their power.













  • It is more complex then that. For example somebody earning over $70k/y might easily live car free and vegan in Paris, while not flying on vacation. Part of that is individual choice like living vegan and other parts are part of the system around that person, like the amazing public transit in Paris or that the French electricity grid is nearly emissions free. Somebody like that might well have carbon footprint below the global average.

    In the end it is a systems problem. A well designed system should not allow people to harm others on a scale like that. But individuals do have agency and those with $70k/y more then most. If those individuals make good choices, then they might well be part of the solution and not the problem.






  • The global 10% income threshold is about $70k.

    Just so we are clear the global population is about 8.3billion. So there are about 830million in the top 10%. The US has a population of 340million, the EU of 450million and there are some other countries like the UK or Canada. Then there are some rich countries like South Korea, Japan, Saudi Arabia, South Korea and so forth, which also have large populations. Also obviously there are plenty of rich people in poor countries as well. Especially China will make up a good chunk of the global top 10%, just for being upper middle income and a country with a huge population.

    In other words it is not being above median income in the West, but somewhat above that.