GreatSquare

joined 2 years ago
[–] GreatSquare@lemmygrad.ml 0 points 1 week ago

Skill issue. Don't blame the tools!

[–] GreatSquare@lemmygrad.ml 0 points 2 weeks ago

"China’s Orwellian Social Credit Score Isn’t Real" Foreign Policy 2018 https://archive.md/rVfyr

Basically it's a myth created from a lot of crossed wires, combining different China news items about data collection to create a boogeyman.

[–] GreatSquare@lemmygrad.ml 0 points 2 weeks ago* (last edited 2 weeks ago)

Everyone should just give up on america at this point. Its a rotten place that wont reform for the good.

That's the difference between reform and revolution. There are no big reforms coming. The country has been glazing itself for too long. Only when shit gets bad enough, then a revolution can occur.

If there is a socialist movement that can take advantage of the conditions, it can progress towards socialism.

[–] GreatSquare@lemmygrad.ml 0 points 3 weeks ago

No you see the Trunp logic sequence is:

  • no bad news, only good. A friend of a friend said Iran are so compliant right now.
  • Trump team provides accurate reports in the form of short videos with just big explosions over and over
  • Congress should sign over $200B for no reason. It's just play money. Trump doesn't need it. What for? US is transportating thousands of troops to the region just to party. But give it anyway.
  • Iran are begging for a deal but Trump said "No thanks! Keep the Strait of Hormuz closed! It's so great for my inflation numbers and debt numbers and doesn't hurt me in the polls at all."
 

Speculation on why the prices of both gold and oil are not shooting up as high as traders predicted from the Silk and Steel podcast.

TLDR : This is Bessant's area. He's fighting a financial war. US treasury manipulation is suppressing both prices to defend the petrodollar. Demand will fall if countries need Yuan not USD to get that Hormuz oil. Iran is only allowing ships that trade in Yuan through.

[–] GreatSquare@lemmygrad.ml 0 points 3 weeks ago (1 children)

Exactly, it’s all just so delusional and it really highlights just how fucked Europe is now.

Daddy is running out of money right now. Their favourite child needs it so the adopted kids are going to have to use their own money.

[–] GreatSquare@lemmygrad.ml 0 points 3 weeks ago (5 children)

But he is still trying to twist Iran war into a bargain for support for Ukraine. Europe is a JUNIOR partner. US is the daddy. Their spending on war dwarfs all others combined.

If they are running out of stuff for Israel, they will move it from Ukraine.

If America wants to be serious about deterring China from bullying its neighbours and invading Taiwan, and the China-Russia partnership from dominating the world, then it will need to use Japanese and South Korean shipbuilding capacity, greater collaboration over missile defence, and a genuine renewal of the NATO and Asian alliances.

US missile defence can't stop hypersonics. Drones have depleted what defensive systems they do have so even other missiles are a threat as well. Building more ships are just more targets. They're fucked. Just save some effort and start burning money directly.

How are Japan and South Korea even going to build ships without energy infrastructure?

[–] GreatSquare@lemmygrad.ml 0 points 3 weeks ago

Dimona is just nine kilometers from the Israeli nuclear reactor. Iran is no longer acting covertly. It’s loudly declaring: next time, we won’t miss our real target

Both sides are threatening to hit nuclear reactors... Hold me, I'm scared.

[–] GreatSquare@lemmygrad.ml 0 points 3 weeks ago

I don’t know what Sachs’ angle is

Globalism. "War hurts free trade and my economic models."

He's somewhat about preserving the status quo or at least gradual changes to it (guess he's still feeling bad for the shock therapy he caused). But history just keeps happening and throwing a spanner into the economic machine.

Mearsheimer is a war mongerer. Part of the cheer squad for US military action. He's always predicting where the flash points should happen. It's like a board game. He's keen on China as the next big target.

[–] GreatSquare@lemmygrad.ml 0 points 3 weeks ago

It's more about the volatility of day trading. Volumes of stocks are algorithmically set to buy or sell when a price point is hit.

When people are exitting the bond market and they are keen to buy an asset to hold some value against inflation, they look at stocks. The demand pushes the prices upwards. The Dow is only 30 "blue chip" stocks selected by committee. Its connection to oil markets is pretty convoluted.

Media often concoct a narrative for these price movements: "Trump quote moved the line! (Watch us for the most up-to-date Trump quote!)"

[–] GreatSquare@lemmygrad.ml 0 points 1 month ago

$2.50 All you can eat no time limit buffet ! You don't even need the morning market.

[–] GreatSquare@lemmygrad.ml 0 points 1 month ago

what happens inside and outside the us when dollar hegemony goes away?

Hyperstagflation for US. USD value will drop significantly crushing America's purchasing power. Combine that with the excessive money printing that US banks are notorious for and you get double digit monthly inflation. (Rich will race to buy up assets like property even more putting housing even more out of reach which has a knock on effect to rents.)

Recession for rest of world as their US bond assets lose value and their export sales to US lose their profitability.

will manufacturing be reshored to the usa? will it usher in a wave of prosperity for the usamerican colonizers?

Doubtful. Manufacturing relies on effective supply chains. The US would be in global competition with other countries that are far more established with far less debt.

.>will it free the periphery from the chains of empire?

Not really. A lot of countries like say Mexico and Canada are inherently linked to the US economy. When US goes does it will drag down plenty of other countries that are too slow to diversify.

 

This got a chuckle out of me.

 

xi-communism-button

 

The New York Times does Anti-China Propaganda. Who woulda thunk?

 

Not sure why Coinbase would fix the UK economy but the ad is a good laugh.

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