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Cake day: December 19th, 2024

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  • We as in humanity. The majority of nations are capitalist nations, and all nations use currency, which means opportunity cost.

    Every state and power utility that is considering what to allocate their money on is going to choose the bare minimum it takes to keep the lights on. That means going the cheapest, not doing the most.

    China may have a lower opportunity cost due to the tighter control over the economy, but they’re still paying it. China is not in the perfect world situation either. They’re just sacrificing the opportunity cost.