diagnosis
Jiang says European elites may pursue war with Russia from a mix of anti-Russian hatred, sunk costs, energy-driven economic collapse, and fear of internal civil war.
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Sunk Cost
Jiang says European elites may pursue war with Russia from a mix of anti-Russian hatred, sunk costs, energy-driven economic collapse, and fear of internal civil war.
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"...European elite. That's one possibility. Another possibility is that there's a sunk cost fallacy in that Europe has invested too much resources into this..."
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"And the local population feels threatened. And so there's this white -wing backlash in Europe. So maybe to avert a civil war, maybe it's..."
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"...pay the hundred dollars okay all right so it's almost like sunk cost fallacy and again this is all using just basic human psychology..."
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"i mean also this is sunk cost fallacy where the military has already committed so many airframes"
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"...ground forces there's no turning back it's all in um the sunk cost fallacy uh kicks in"
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"Like you don't want to, like, it's what we call sunk cost fallacy, right? You're like, I worked so hard for this, and I..."
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"...lose this war. And the reason why is the idea of sunk cost fallacy. So if America were to send in the Marines and..."
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"...to taking over the capital. So they can't give up. It's sunk cost fallacy. And sunk cost fallacy is such a powerful force in..."
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"...okay? And this is because of a psychological principle called the sunk cost fallacy. To turn to a new religion means to give up..."
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"...another way to understand credibility, and it's what we call the sunk cost fallacy, okay? Have you guys heard of a sunk cost fallacy?..."
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"...all this has been lost, okay? It's what we call the sunk cost fallacy. And that's why, even though America could not win the..."
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