In America do people not vote for different parties in state and federal elections? Or is it more of a party loyalty sort of deal. For example, if I was living in California or New York, I would probably vote for Republicans at the state local level but Democrats at the federal level. This type of voting pattern is very common in Australia.
> I predict similar trends in 2024: Trump likely captures around a quarter of the Black male vote, a third of the Hispanic vote, and Asian voters continue to show less partisanship.
I'm not surprised to be honest. Most countries outside of the West suffer from strong man syndrome. Trump is exactly the type of person who would come to power in Latin America, Africa and Asia.
> Additionally, Prime Minister Abiy Ahmed was already pursuing its own liberalization agenda before the IMF provided cheap loans. For example, Abiy allowed foreign capital in telecommunications and banking.
The combination of these reforms is also good. You can't exactly have modern banking without modern telecommunications. A more developed financial system is crucial for the next wave of economic growth. More agricultural productivity growth will also drive Ethiopia farmers to look for more side hustles outside of agriculture like construction and low skill manufacturing.
Ethiopia should try to get a guest visa program with China since they're sort of allies. A lot of industrial knowledge came to Bangladesh through migrants to Southeast Asia. Having a lot more Chinese speakers will also make them more competitive in bringing in Chinese factory investment.
I don't think there was an intention about that combination.
TelCo and Banking are simply two sectors that:
- have been privatized all around the world, including Africa but not in Ethiopia
- tend to be dominated by big players with high barriers of entry
- are mature enough to be almost standard
My hunch is that they're the only sectors (along with Ethiopian Airlines) that can generate quick revenue (one time) revenue (sale of share or licenses) for the government.
> Obama was the last president committed to free trade, believing in domestic production only when the U.S. had a clear competitive advantage. America excels in design, engineering, marketing, high-precision manufacturing, software, supply chain management, and advanced R&D, positioning itself as a “professional managerial class” economy.
If America wants to have a competitive manufacturing sector and not force its citizens to buy overpriced crap in the name of national security, it needs to integrate its supply chains with Latin America. But Latin America needs to get their heads out of their assess to take advantage. USA could also get rid of the Jones Act to smooth over the process.
Also it's super cringe that capitalist countries are using free trade to spread unionism around the world. Bangladesh had to remove its ban on union activity to comply with EU bullshit. It's like finding out your local priest was also your local heroine dealer.
" Democrats didn’t consistently win the college-educated vote until Obama; before him, they never secured over 50% of it, as shown in the chart above. This is a recent phenomenon." I'd argue that a deep historical, political ideological division also underscores American polarization. Ideological polarization has struggled to manifest fully in the US because it still lacks a regional definition. However, the idea is becoming more openly manifested and embodied, at least since the 2020 contested election.
In America do people not vote for different parties in state and federal elections? Or is it more of a party loyalty sort of deal. For example, if I was living in California or New York, I would probably vote for Republicans at the state local level but Democrats at the federal level. This type of voting pattern is very common in Australia.
> I predict similar trends in 2024: Trump likely captures around a quarter of the Black male vote, a third of the Hispanic vote, and Asian voters continue to show less partisanship.
I'm not surprised to be honest. Most countries outside of the West suffer from strong man syndrome. Trump is exactly the type of person who would come to power in Latin America, Africa and Asia.
> Additionally, Prime Minister Abiy Ahmed was already pursuing its own liberalization agenda before the IMF provided cheap loans. For example, Abiy allowed foreign capital in telecommunications and banking.
The combination of these reforms is also good. You can't exactly have modern banking without modern telecommunications. A more developed financial system is crucial for the next wave of economic growth. More agricultural productivity growth will also drive Ethiopia farmers to look for more side hustles outside of agriculture like construction and low skill manufacturing.
Ethiopia should try to get a guest visa program with China since they're sort of allies. A lot of industrial knowledge came to Bangladesh through migrants to Southeast Asia. Having a lot more Chinese speakers will also make them more competitive in bringing in Chinese factory investment.
I don't think there was an intention about that combination.
TelCo and Banking are simply two sectors that:
- have been privatized all around the world, including Africa but not in Ethiopia
- tend to be dominated by big players with high barriers of entry
- are mature enough to be almost standard
My hunch is that they're the only sectors (along with Ethiopian Airlines) that can generate quick revenue (one time) revenue (sale of share or licenses) for the government.
> Obama was the last president committed to free trade, believing in domestic production only when the U.S. had a clear competitive advantage. America excels in design, engineering, marketing, high-precision manufacturing, software, supply chain management, and advanced R&D, positioning itself as a “professional managerial class” economy.
If America wants to have a competitive manufacturing sector and not force its citizens to buy overpriced crap in the name of national security, it needs to integrate its supply chains with Latin America. But Latin America needs to get their heads out of their assess to take advantage. USA could also get rid of the Jones Act to smooth over the process.
Also it's super cringe that capitalist countries are using free trade to spread unionism around the world. Bangladesh had to remove its ban on union activity to comply with EU bullshit. It's like finding out your local priest was also your local heroine dealer.
" It's like finding out your local priest was also your local heroine dealer." hahaha that's a great expression Md!
" Democrats didn’t consistently win the college-educated vote until Obama; before him, they never secured over 50% of it, as shown in the chart above. This is a recent phenomenon." I'd argue that a deep historical, political ideological division also underscores American polarization. Ideological polarization has struggled to manifest fully in the US because it still lacks a regional definition. However, the idea is becoming more openly manifested and embodied, at least since the 2020 contested election.