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<poi> |
Can you tell what's the alternatives for these law schools to be able to have access to these kind of? |
</poi> |
No, no, okay, okay, clear, clear, clear, clarification, those souls are not lost under the vast majority of non proselytizing religions. Otherwise, they would have religious imperatives to proselytize, right? Or it's not your fault and it's fine like no religion tells you those people are lost and you should feel guilt... |
So, first of all, you get no theological support, and that means in your when you come to question God, you have no you have nothing, no answer for you. Second of all, It centralizes religion, because when all of the parish is excluded from religious discourse, discourse only happens enclosed, enclosed councils of like... |
</mo> |
<gw> |
I think it might be true that some members of religious communities struggle with not digging couples counseling. What I think they struggle with much more is, for example, in Mosques not being being built because there's no critical laws that would demand that politically successfully. And this is not as extensional,... |
So firstly, their response to our extension is weird geometry, right? I didn't understand a lot of it, but the takeaway boom from Noam, I guess, is to say, Oh, we're talking about is not necessarily the ability to proselytize, but piety and how intensely you are investing in your religion. I think that's untrue. I thin... |
<poi> |
There is a massive issue in your case that implies that this is the only way to get your benefit. |
Sit down. I don't think i never said it’s an only way. I just think it's a very, very good way. I think we can have more of that's of the House we don't have to prove there's like absolutely no other ways in which we can do that. I think that's okay at best, very poorly mitigatory POI, okay. |
</poi> |
Lastly, Mela also tells you that even on a moral standard, even if you don't know why anything was said, you have a religious you have an obligation to proselytize. Because if you genuinely believe that, for everyone who's not religious, alternative Hellfire awaits when God's not gonna watch over them when they're play... |
</gw> |
<ow> |
Okay, let's first discuss what is actually the way you should look at this debate? Because I think to an extent, both government teams both exaggerate, especially CG, in what you should convince an individual both don't understand religion to a large extent then understand what is the most important aspect when you mak... |
So the first thing to note is that CG, in order to prove any part of their case required that you as an individual person is it would probably double the amount of people within your community right now, right you need 10s of 1000s of people in order to change maybe one seat in any sort of Parliament or even local elec... |
So let's discuss why you think the community itself is the most important thing. Because opening opposition or right, to an extent, a lot of things that OG talked about are not unique, right? Like the feeling of elevation you get when you convince someone else is similar to get when you just do community work and help ... |
But second note that your entire life revolves around the community. This is your source of truth and answer to religious questions, which are literally more important than life or death. This is about eternal life. This is about what's right or wrong. This is about an entity that controls everything, but also because ... |
So how is it affected by proselytizing? We say a couple of things. So opening opposition the government likely, argue on which one is likely to be more like oppressive. We are not sure even why that is necessarily a bad thing, but we also don't know which one is more correct. There are incentives for both sides to appl... |
<poi> |
So for some classes in the community, if you believe generally the message they are preaching to be effective at it, and the community doesn't provide them the level of service that they're promising to new members. The sacrifice of the community is to be terrible and ineffective when it isn't an incentive to do that. |
</poi> |
No, this isn't comparable. Instead, they still have some incentive to care about the people who are in there. But if you ask the question, Who is more important, the person is being the community for 5 years. He's more capped from the entire world outside. He has no relationship, or the person who's just now joined the... |
But then OG tell look between proselytize you ask yourself, and this is exactly where no analysis comes in. This is just not what it looks like. There are not debates about what theology is. It's convincing people they are sinners and religion would help them not forget to ask your questions to that extent. But on a th... |
</ow> |
Motion: This House Believes That China should seek to curb debt at the expense of economic growth. |
<pm> |
PM Speech Transcript: |
We and the opening government believe that Keynesian economics can only work in so far that you actually have the needs for these roads. Have the needs for these cumin states investments in the first place? The problem is, once you already have developed enough cities, enough roads, enough infrastructure and stuff like... |
So why is the risk of collapse first, very obviously likely, at least, to the economical turmoil, then going into another crisis. So we believe that this debt and Alliance debt is required by a large sum of money, which is not trivial by any means. It is also how they say. There is also a large domino effect that can h... |
<poi> |
like, who should the policies in support and why? |
</poi> |
I mean, we support everything. Look at the issue. The issues. The most likely thing that they're going to come they're going to cost spending. The most likely scenario where they cost spending is to cut into large projects that are inefficient, either inward inside of the country, building a lot of infrastructure there... |
We believe that this breeds more meddling, more how to say, tensions between China and countries that owe money to China, because this is their only way to get liquidity to actually pay off the debtors and actually continue on the path of not economic crisis, which means overall, for the countries that are involved wit... |
Second of all dollarization, and this is a big issue starting with this, but that's fine. So we believe the majority of debt is usually correlated between the foreign currency, and currently the largest like trading currency in the world is dollar and stuff, and it's not likely to change in the future, which means that... |
</pm> |
<lo> |
</lo> |
<dpm> |
Let’s be very clear on two things. The first one is, what do we support? Opening opposition correctly pointed out that they do not have to defend every single policy that China enacts in the status quo. In a similar fashion. What we can say that we will probably prioritize curving back policies which have the most detr... |
Secondly, but the only reason they give us on this, yeah, but this might be what's actually keeping up global growth, but to an extent that Chinese Chinese investments do, do incentivize growth, the disregard the analysis Milos gives at the beginning of his speech, I mean spending uncontrollably in building roads, buil... |
Now there are two options. Option one, those companies will default. There is a limited shock to their suppliers or two. And what exists in the status quo? The Chinese government essentially forgives or pays off the debt on their behalf. Now this makes sense at a point in which you have growth which is based on a stron... |
Now, the one response they could make, but they haven't made implicitly, but if you read it to your note, you can believe it is yet. But this is different once they are investing in developing countries, because there are the multiplier logic I described could still apply at least for those countries. A few things I wa... |
So therefore, on a lot of issues which exist. One thing I do want to point out that on our side of the house, you will still have a large level of growth in the Chinese economy. Why is this the case? A few reasons. One, as I pointed out, they did conveniently build a lot of infrastructure over the past past several dec... |
<poi> |
That is only problematic if you can’t pay it we on closing opposition believe in modern monetary theory, you can always just pull in for money to pay the debt with. |
</poi> |
Yeah I mean then you end up? Yes, and that's an interesting theory. One thing I would point out is a problem with it. In a largely exported driven economy like the Chinese one, you will get branded a currency manipulator. Hence you will end up with huge taverns on your goods. So sure you can print the money, but it wil... |
Anyways, further on this, then what essentially the result of the policy. One other thing I do want to point out is in terms of internal Chinese stability, something Milos points out that never gets a response to, which is a lot. So one point he makes is on the environment and how overgrowth in China is damaging to the... |
</dpm> |
<dlo> |
Thank you. I want to talk about three things in this speech. First, I want to talk about the plausibility of default. Secondly, I want to talk about the international effects of this policy. And lastly, I want to talk about domestic Chinese effects to begin with, plausibility of default. I want to engage with each argu... |
The second thing that they identified in their thanks is that they built too much, too much infrastructure within China itself. Look, China's already caught on to this. When ghost city started to appear in the 1990s the Chinese government started to step back because they realized that they couldn't populate all the in... |
What was the solution that we provided on our side of the house? I think this is fairly sensible. Sensible in the case of this debt is USD. You can sell the USD denominated debt that the US government already wants you to be able to pay that off. No. Thank you. In terms of printing out rift, I think that's a fairly sen... |
The first reason I want to point out their thank you is because in many of these circumstances, China was previously a currency manipulator, but only ever switched for their own domestic reasons as they transition towards a more skilled economy and external pressure never backed up. The second thing that I want to poin... |
Claim Number two international effects, I want to start off with the easy claims to deal with on the opening opposition side. First, we say that this leads to bullying countries. This is the status quo. Regardless of whether or not they're invested in a board, they will always act in a geopolitically manipulative way. ... |
Next we talk about the environment. No, thanks. I know the easy response here on the environment is that China is actually one of the most environmentally responsible countries in the world. They signed the Paris Accords. No thank you. And actually comply with them, and they have the greatest amount of investment in gr... |
<poi> |
The productivity of the Belt and Road Initiative depends on all of it succeeding. The things are not separately as valued. So when one of them fails, that leads to the question. |
</poi> |
no, that's incorrect, because the infrastructure still exists. Even if the industry within a particular country fails, the way of trying to move goods between them still exists, and that means that surrounding countries who rely on that trade network are stable, still able to leverage that by a bit. |
What is the harm in international sphere? I think that the problem is that this causes a massive justification for the trade war. So this means that populists like Trump are likely to be able to sell this narrative again and again, which reduces economic growth again, and particularly given the fragile state of the eco... |
The last thing I want to mention is that this is probably quite bad, because Xi Jinping is going to lose a lot of domestic popularity, and when transitions happen, that leads to lots of corruption. Purchase. Their claim is, ah, but we reduce smoke, so people will be happy. The only way you reduce smoke is by cutting a ... |
</dlo> |
<mg> |
So so far, we've heard a lot of analysis on why economical collapse is bad. While that analysis is very engaging, it is hardly on flashing this debate, because both sides seem to agree that economical collapse will be a highly undesirable outcome. And so all that's left to debate in this debate is on which side is econ... |
So the first idea is there won't be a collapse. When, When? When? Even if this, even if this happens, because there is collateral value in these bonds. First of all, note that a lot of the logic and arguments that you get from a about. Losing trust in the Chinese government, losing trust. And it's like Fidelity Investm... |
So, so, and secondly, we get this idea of green energy. We think this is really just trying to run as far as and fast as they can from the debate, because transitioning to green energy does lead to a slowing in economic growth, and therefore economic policy supported under their side. And the idea that Xi Jinping will ... |
Okay, so why would China collapse? Should the status quo continue? We say there this is a highly complicated BRI like Belt and Road initiative, highly complicated project likely to collapse. Why is that? Firstly, an undervaluation of cost. Why is that? First of all, risk assessment is incredibly hard. Second of all, pl... |
Secondly, and second of all, the contractors, they want to be on their next step in the party. They want to succeed. And since this is very long term project, being good at the beginning is all it takes. Is just like the banking crisis government said, Why? Because you're measured short term and short term, low valuati... |
Now what's even more dangerous about this is that those risks interact. They don't add to one another. They multiply with one another, and that is because of the inherent interdependency of the Belt and Road Initiative. Because if you want to get something from A to B, you have from A to C, you had better have B, C, D,... |
Secondly, we say a lot of diminishing. A lot of the things that they even agree with about the diminishing productivity of China still over becoming less and less efficient, a lack of creative destruction and a lack of ability for the Chinese economy to adapt and the trade war with the United States are also things whi... |
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