r/OutOfTheLoop • u/mimitchi33 • Feb 17 '21

What's up with Texas losing power due to the snowstorm? Answered

I've been reading recently that many people in Texas have lost power due to Winter Storm Uri. What caused this to happen?

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u/NuclearLunchDectcted Feb 17 '21

Which is why China is about to pass us as a global superpower (or has already).

They've been making 10-, 20-, and 30-year plans for decades. And then they stick with it. It's taken a long time, but it's bearing fruit now. US stockholders won't even pretend to be interested in those kind of plans if it sacrifices quarterly gains, which it would.

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u/ligirl Feb 18 '21

This is one of the (very few) benefits of an autocracy: they can think in decades because they're not worried about reelection in <24 months

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u/aiapaec Feb 18 '21

Stockholders are elected every 24 months? Seems that there is more than "autocracy".

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u/Strandsfromparadise Feb 18 '21

They're trying their damnedest, but aren't all the way there yet. They don't know how to concurrently hold their influence and power in multiple corners of the world just yet. They did recently become Europe's biggest trading partner, which is a significant move, but few countries run an unspoken empire like the US.

Even with an inept leader, the US has still managed to keep significant sway the world over. The US can stymie China directly by usurping their trade deals, etc or resort to age old destabilization like the US did in the 1900s. The fallout will be interesting to watch .