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You Can’t Lie Flat Without Someone Paying the Bills

The media has a set narrative for China's tang ping (躺平, "lying flat") phenomenon: in the face of a dire labor market and intense work hours for little return, the Chinese youths are reevaluating what makes life worth living. The result, for many, is to simply stop competing, minimize living costs, and curtail personal ambitions. This narrative is underpinned by China's economic failings. The failure to provide an increasing number of highly educated youths with employment that is both gainful and lucrative results in a negative spiral of lower consumption and animal spirits that, in turn, kills off more productive jobs.

A Prison Sentence Ends. Google Doesn’t

Young people make mistakes, sometimes egregiously. But even when the mistakes lead to people being deeply hurt, do the perpetrators deserve at least some discretion when it comes to negative publicity? The recent saga of several Cornell students being indicted for raping a female peer at a fraternity house left me with this question. There is no doubt that the seven young men deserved the legal penalties that the relevant court meted out. But while the female victim remained anonymous, and rightly so, the seven young men have had their names and pictures posted all over the internet.

Poor People Ate It First. Rich People Gave It a Philosophy

Recently, I came across a review of a restaurant that opened in New York City. The luxury eatery, described as serving borderless, innovative cuisine, was praised above all for its environmental consciousness. To drive the point home, the reviewer raved about a lineup of dishes that use offal from organic animals the restaurant slaughters ethically in-house, which the review termed a clear motivation to let no part of the animal go to waste in the true spirit of a circular economy. I couldn't help but grimace at the glowing words.

Can China Help Europe With Its Rising Grocery Bills?

When I saw fresh cucumbers at my local SPAR at 4 euros per kilogram and watermelon at 2 euros per kilogram, I couldn’t help but recall residents' and travelers’ YouTube videos about the cost of living in China. Some lamented the lack of job opportunities, and others marveled at the ubiquity of technology. But what I noticed was more trivial: a vegetarian all-you-can-eat buffet for 2 US dollars per person, with cucumber-based dishes galore, and streetside stalls peddling watermelons off the back of a truck, at the equivalent of less than 20 euro cents per kilogram.

What South Korea's Latest Political Belief Survey Tells Us About Population Decline

When people speak of the various reasons that the world is increasingly seeing a widespread dearth of marriages and babies, unsurprisingly, cultural factors feature prominently. But those cultural conversations often revolve around changes in social values. The rise of individualism has made youths question the value of sacrificing their own preferences and interests in exchange for negotiating with a lifelong partner. The prevalence of the nuclear family has made it burdensome to raise a child. The increase in female labor participation has led women to prioritize career advancement over family responsibilities. 

War-Related Inflation Finally Hits Europe Hard, so Try Importing More?

"The prices are ridiculous here. How are things on your side?" This is the common refrain coming from Mom's emails, as news headlines scream of further escalations around the Strait of Hormuz that have driven oil prices even higher. For months, I could shrug off her concerns. Looking at the inflation figures coming out of the US, the Europeans seemed to have been left unscathed by the war. It is a wonder how the prices have stayed relatively stable, and few complain about the cost of living locally, given how much more dependent on imported energy this Old Continent is.

Contextualizing the Global Popularity of Poverty Porn

Alone. Low income. Unemployed. 40 Years Old. No friends. No partner. No kids. These are some of the keywords that decorate perhaps the oddest new export from China. Thumbnail after thumbnail on YouTube features seemingly ordinary people living in nondescript small cities and villages in the country, describing their everyday struggles and offering glimpses into their daily lives. Between trips to parks and supermarkets, touring apartments, working at their desks, and cooking simple meals at home, they talk about their lives in a crushing Chinese economy.

The Popularity of Niu Lai Shows the Sheer Complexity of the Contemporary Pop Culture Mentality

A mother-and-son team, a budget of less than USD 1,000, and five years of handmade graphic work on secondhand computers, and a production company that used to be a house decoration firm...by now, the story of Niu Lai has become well-known not just in China but around the world. The summer "blockbuster" and allegedly the most profitable film in the history of cinema has certainly come a long way from its initial reputation for terrible animation, monotone dialogues, and an almost entirely nonsensical plot that attracted wholesale ridicule.

As the AI Boom Dies Down, Look for Offline Businesses as the Next Source of (Slower) Growth

Searching through past posts in this blog, I am surprised that there is one important topic that has never been mentioned across its 1,240 posts: stock trading. Having worked for more than two decades now, my savings have mostly been converted to shares in dozens of companies across the world, some of which are earning healthy returns while others have been pretty much written off as the share values approach zero. As my jobs take me across multiple countries and companies, I have no hope of relying on savings set aside in pensions, so those stock positions are, in essence, my retirement funds.

In Economic Security, Just as in Soccer, Patient Collaboration Trumps Individual Passion

What is it like to stare at the night sky against your will? It's a question I'd never thought I would be asking myself when the unplanned power cut hit my side of Malta in the late afternoon. Based on past experiences, Maltese power outages can definitely last a few hours, but with the hard work of the folks at the national utility, Enemalta, the situation does get resolved soon enough. But as the sun went down and the streets remained pitch dark, the 44-degree heatwave started taking its toll on the century-old stone box that is simply not designed to dissipate heat quickly.

Banning Digital Tools Doesn't Make Humans More Inclined to be Offline

There is something particularly dystopian about having AI companions erased. Weeks, months, and even years of conversation history molded faceless LLMs into a semblance of emotional connection, as the chatbot learns gradually about the user's idiosyncrasies and takes on personality traits that best gain the user's affinity. Frivolous as each conversation comes to be, the accumulation of tidbits through distinct narratives and episodes creates unique end results that no amount of systematic, brute-force efforts of replication can recreate.

In a World of Constant Heatwaves, Heatproofing is Urgently Needed to Ensure Inequality Does not Expand

Get your hands dirty in the field; only then will you see the true value of work and how to put theories into practice. Such advice is often freely dispensed to newcomers in many different professions. At first sight, its vague wisdom is innocuous enough: who can argue against getting out there, putting what one learned from books and classes into action, and seeing the physical results to improve further? The trial and error may be all the more exciting when the hands-on work means getting out of stuffy offices, going into the streets, and helping customers who are most in need.

Sports and Writing are Almost Startup-Proof; For the Periphery, Credibility is Earned Through Joining the Mainstream

Sporting culture is one of those things one simply cannot create from scratch. A startup may disrupt an industry through a combination of innovative technology, clever marketing, and novel business models. But startups in the form of athletics draw more frowns and ridicule than admiration. Even after a couple of hundred years in existence, the American version of football is still criticized for being a misnomer. Plenty of new exercises, from Quidditch to paddleball, face uncertain futures, as their popularity is seen more as a fad among certain population segments rather than as universally accepted.

The Confidence of the Wasians to Show off Who They are is a Privilege

"We're Wasians! Of course we..." The formula is so familiar to regular purveyors of social media trends that it is almost a comic trope by now. People of a particular ethnicity would gather snippets of their daily routines, confidently proclaiming them, often aligned with stereotypes, which defined their cultural identity. But the last iteration eschews the casual banter of wearing indoor slippers and using chopsticks for something a bit more subtle. What if two cultures, one white and one Asian, clash in everyday life, and the conflict defines identity?

The Devil Wears Prada 2 Falls Flat in Being Equally Insightful as the Original

The celebrity cameos, the gorgeous Milanese backdrop, the innovative fashion...the reboot of the film The Devil Wears Prada after two decades did not skimp on the visual side. With the original now a classic and the original main cast all returning to their memorable roles, the movie could afford to splurge on a budget almost guaranteed to make a healthy return purely on the nostalgia of a generation. Yet, after more than two hours of glamour between the buzzing streets of New York City and the natural beauty of Italy, it seems that the film failed to answer the nagging question that everyone couldn't get past.

Balancing Old and Modern Remains Difficult for Even a Wealthy Place like Malta

It is always a downer to come back from a street party to find your house flooded. But in Malta, that downer is all the more when the stone house is likely more than a century old, and the party may involve half the country's population gathering around to watch a one-and-a-half-hour fireworks display. In positive terms, it is called "tradition and modernity living side by side." In less pleasant words, it can be summed up as "why does the government spend money on free fireworks, when it may want to consider subsidizing housing repairs with that money instead?"

China is about to dominate the supply chain for non-energy alternatives to oil and gas

Electric vehicle purchases, solar panel installations, windmills going up...as the Third Persian Gulf War degenerates into a tit-for-tat blockade of the Strait of Hormuz, increased use of renewable energy seems to be a panacea. That is, until you dig a little deeper and realize that the oil and natural gas stuck behind the Strait are not just for energy use. Petroleum is the raw material for everything from the fertilizers to feed our crops to the helium that is indispensable to manufacturing semiconductors. Electricity can transport us, but cannot put food and information technology on our tables.

Peter Magyar will need to calibrate how much he leads Hungary away from Chinese investments

Western liberals rejoiced when Victor Orban, the prime minister of Hungary for the last decade and a half, was finally thrown out of office recently, despite persistently tilting the field to his favor through monopolizing mainstream media and gerrymandering electoral districts to dilute opposition votes. Peter Magyar, the incoming prime minister, immediately called for a complete overhaul of the state broadcaster and rescinding Hungary's opposition to the EU's further funding of Ukrainian war efforts. Brussels seemed to have lost an enemy and gained an ally.

A new passport invites more travel, but is the world still friendly to travelers?

For the frequent traveler, it is a once-per-decade ritual. Visit the nearest embassy or consulate in whatever country he happens to reside in at the time, and come out with a brand-new booklet ready for entry and exit stamps. It is almost a temporary reminder of patriotism: someone who intentionally left the homeland to roam the world, only to pledge allegiance in the form of a bureaucratic procedure indispensable for a nomadic lifestyle in the modern world, where every country seems more sensitive to national security risks. 

In an Age of Impeccable AI-Generated Content, to Err has Become Even More Human

There is something deeply satisfying about finding typos and grammatical errors in articles from reputable newspapers like the New York Times or the Economist . The reader knows that these organizations employ dozens of dedicated editors to review, restructure, and polish pieces written by veteran journalists who themselves have years of experience checking on other people's work, not to mention degrees from prestigious academic programs specializing in exactly the types of writing they are paid to do. When readers can pick up what slips through these eyes and minds, they feel just a little bit like the pros' equals.