RT Sid Coelho-Prabhu | sidcoin.eth 🛡️ (@sid_coelho)Just spent the morning with my old boss and sparring partner @balajis at his new city state experiment right outside SingaporeHonestly in awe of what he's building here (pics in thread)It seems crazy to attempt to build a new society / state, but looks like its working - 300 builders from 100+ countries, vibe is great, everyone's building something and comparing notes, sharing ideas, forming teamsIf you're a builder or a small team, this feels like a great ...

Economic Growth and Emigration - India's economy has been the fastest-growing large economy globally over the past decade [1] - In the early stages of economic growth, countries tend to experience increased emigration as the emerging middle class gains the means to travel and seek opportunities abroad [1] - Historical examples include Britain, Japan after the Meiji Restoration, and Poland after the fall of communism, all of which experienced significant emigration during their periods of growth [2] Indian Diaspora - India is currently in the early stages of rapid economic growth, suggesting that its diaspora is likely to expand before it contracts [3] - The United Arab Emirates (UAE), with a population that is already close to 50% Indian, is likely to be a welcoming destination for Indian emigrants [3]

The Internet has completely transformed global markets. The UAE isn’t limited by its territory, and neither are countries like Singapore (or, nowadays, El Salvador).Shonik (@Shonik14):@balajis There are limitations in these countries w.r.t the number of high paying jobs available and the general high cost of living in these countries inhibits people from moving unless they have a high paying job.How do you think these factors will affect the talent migration? ...

[1]: Here’s the graph showing that the US was only 16% of China’s revenue as of 2022. That means China isn’t entirely dependent on the US as a market anymore:https://t.co/7rPjYd8Vzt[1b]: Amazingly, by 2025, according to this source at least, China has reportedly scaled their combined trade volumes with Africa and Latin America to more than North America. This could be in terms of natural resources as China has built quite a lot of mines and pipelines abroad:https://t.co/OqHUBkf1mZ[2]: Here’s the source for ...

After the trade war, China rerouted trade away from America towards other countries. The US actually got down[1] to 15% of Chinese exports, so China wasn’t fully dependent on the US market.Some would argue that’s a win/win — China just exports goods to other countries, and America builds up its homegrown manufacturing.Similarly, after the talent war, India is rerouting talent away from America and towards other countries. The US actually has only ~17% of the Indian diaspora[2], so Indians aren’t fully depen ...

Dubai takes this principle to its limit: all that matters is capitalism, not geography. https://t.co/jc0IZ8Tcbt ...

Urban Development Strategy - Less desirable locations offer greater development potential due to ease of land acquisition [1] - Neglected land facilitates rapid construction and urban expansion [1] - The United States has geographical opportunities for constructing new major cities or metropolitan areas [1]

Graph from @Aeraryum.Aeraryum (@Aeraryum):@balajis Pricing in gold changes not only the Bitcoin perspective https://t.co/M6qGrbD1km ...

The S&P 500 is up in nominal terms, flat in gold terms, and down in Bitcoin terms. https://t.co/RGEV6ANHTK ...

Perhaps there’s no such thing as stablecoins. Only stable metals and fiat coins. https://t.co/BNCVTb3II2 ...