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  • Fugitive CEO lmao

  • So, interesting read for sure. You are right the message is basically Europe you're on your own, and unless you get more racist we aren't so sure about this NATO thing. China everywhere, and laying direct or indirect claim to all resources in the western hemisphere (the line about not having critical resources be controlled by hostile governments is very telling), and at the very end, "wait I'm supposed to talk about Africa? Uh, we need to stop giving them stuff."

    Of course the typical chauvinism, xenophobia and trade war/deindustrialization fantasy. Totally lazy considering the intent of the document. Could have been written by an intelligent high schooler. I think that a high schooler in debate has probably given this more thought.

    Anyway, it's about what I would expect I guess. One dimensional and transparent.

  • Amazing doc lol. My foreign policy.docx

    I would like to see the word count just to see if it's exactly 10,000

    I haven't read but will. This type of stuff is important but never gets airplay

  • Lol the person in the back

  • I know this is a fantastical thing to post because who can just splash cash around on the American healthcare system-- but I would get a second opinion

  • So the real interesting part in my mind is what happens next. The US has poured untold quantities of weaponry directly into the hands of Nazis. What could go wrong? The blowback from Ukraine is going to be ghastly

  • Mf mood

  • Saw an article yesterday I think with Zelensky saying they had no legal or moral right to give up territory

    Bro do you know how war works?

  • It doesn't help that the American worker is cowed like a whipped dog. Completely stripped of militancy. You can't even win a fucking union vote.

  • The setup was really similar. There was runaway inflation in '07 and '08. Everyone was pumping money out of the real estate market though, operating under the flawed assumption that housing prices would never go down. So people would get adjustable rate mortgages that would balloon (say 3% in years 1-5 going to 15% in year 6) with the understanding that they could just refinance or sell. Banks fed the frenzy by offering loans to anyone with a pulse. The worst were so called "NINJA" loans, which stood for no income, no jobs, no assets. You could literally secure a mortgage with zero proof of income. The bank didn't care, they would take the interest, and if you defaulted take the house and flip it for a profit.

    You might know how the story goes, the debt got collateralized, sold, there were derivatives, etc. Eventually the inflation outpaced consumer wallets. Personal credit exploded then got tapped out. People couldn't make their mortgage payments. The housing market fell. Everything imploded in October. The banks started failing. Credit froze, businesses couldn't finance, and then the layoffs started. Hundreds of thousands lost their jobs. The balloon mortgages could no longer be refinanced, so those people lost their homes. It was really, really bad.

    The banks had trillions of worthless mortgage backed products on their balance sheets, so went crying to the Fed for liquidity. Congress proposed the troubled asset relief program (TARP) to bail out the banks. It was massively unpopular. Something like 70% of people were in favor of letting the banks fail. It was their greed that got us into the mess. Why not bail out homeowners instead? Buy back the mortgages, put people back in their homes, and inject cash into the economy from the bottom up? Not how our country works, obviously. Congress passed TARP, Barfsack Ocrumbo signed it into law, and the asset bubble was reinflated. But there was no help for working people. They got thrown out on their asses.

    Banks recovered, but the rest of the economy never did, not really. The factories never reopened. The small business were shuttered for good. Thus our zombie economy was reanimated and has ambled on consuming workers ever since. People were, and still are, very bitter about this. It's a big driver of what makes Obama hated, and I think a pivotal moment in laying the groundwork for the environment we find ourselves in today. Before TARP, many people believed in the government. That moment exposed them all as a pack of self-interested jackals.

    Taking it back to today, there are similarities in Bitcoin/AI. Consumers are sick but the market is ripping. The math doesn't math. Credit cards aren't infinite and the music will stop.

  • Old heads know the economy died in 2008

  • Removed

    Based dprk law

    Jump
  • 10 years for gooning

  • I DONT WANT TO BE IN THE COMPUTER 😭

  • What if it was tho and he just styled it that way

  • Lol

  • Simply incredible turn of phrase

  • Chapotraphouse @hexbear.net

    A thousand points of light for you pedestrian scum

  • It's truly amazing how much exposure this crank gets

  • This country is beyond cooked. Half of the population is hooting and hollering in approval, and the other half thinks we can vote this out in 3 years.

  • We are finally free from the oppressive yoke of reading

  • Chapotraphouse @hexbear.net

    I can't believe they just outed him like this

  • chat @hexbear.net

    Anybody else get medical bills for Christmas?

  • chat @hexbear.net

    Bitcoin is quietly imploding

  • Chapotraphouse @hexbear.net

    Reddit is so fucking gross

  • chat @hexbear.net

    This AI shit is morally bankrupt

  • art @hexbear.net

    Me doing drawabox ghosted planes: hell yeah I am good at this. Me doing table of ellipses: there may be some room for improvement

  • badposting @hexbear.net

    Find someone who takes care of you like Trump takes care of Milei

  • chat @hexbear.net

    Government shutdown posting thread: day 24

  • Chapotraphouse @hexbear.net

    Extremely normal

  • Chapotraphouse @hexbear.net

    They'll never see it coming

  • badposting @hexbear.net

    ITT we post what we would buy with $112k

  • Chapotraphouse @hexbear.net

    Lmao are you fucking kidding me

  • politics @hexbear.net

    When do you think the shutdown will resolve?

  • chat @hexbear.net

    Is anyone else just really goddamn tired

  • Slop. @hexbear.net

    This sucks

  • badposting @hexbear.net

    How the fuck is this dirty again?

  • politics @hexbear.net

    It is normal that the US government just shuts down every couple years now

  • parenting @hexbear.net

    I got invited to a kids birthday party with no end time

  • Chapotraphouse @hexbear.net

    (CW: CSA) Errol Musk is the real pedo guy