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FuckyWucky [none/use name]

@ FuckyWucky @hexbear.net

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Pro-stealing art without attribution

  • Featured

    Bulletins and International News Discussion from January 26th to February 1st, 2026 - A Powerless Ukraine

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  • And now he is saying it out loud. Bad news for the foreign treat lovers in the U.S. Thing is, third world (maybe excl China) will work harder (suppress wages, internal devaluation) to export to the US even amidst Dollar depreciation.

    The U.S. dollar fell 1.3% on Tuesday, the most since last April, after President Donald Trump declined to say that the currency had fallen too much.

    Speaking to reporters during a visit to Iowa to promote his economic record, Trump was asked if he was comfortable with the current value of the greenback and if he thought it had fallen too much after sliding 10% over the past year.

    “I think it’s great,” Trump said of the weaker dollar. “I mean the value of the dollar, look at the business we’re doing. No, [the] dollar is doing great. You know it’s very interesting, if you look at China or Japan, I used to fight like hell with them because they always wanted to devalue their yen ... you know that, the yen and yuan, and they’d always want to devalue it. They devalue, devalue, devalue. And I said, ‘not fair.’ They devalue, because it’s hard to compete when they devalue.”

    The Dollar Index, which tracks the U.S. currency against six leading trading partners (but not China), fell the most in a single day since last April 10, when it tumbled almost 2% amid mounting trade disputes and U.S. threats to impose a 145% tariff on China. That same day, the S&P 500 slid 3.5% and the Nasdaq Composite sank 4.3%.

    On Tuesday, the dollar also dropped to its lowest level since February 2022.

    https://www.cnbc.com/2026/01/27/dollar-worst-one-day-rout-since-april-trump-says-hasnt-fallen-too-low.html

  • Featured

    Bulletins and International News Discussion from January 26th to February 1st, 2026 - A Powerless Ukraine

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  • They are dependent on the US on both sides of trade

    1. Imports, obvi fossil fuels.
    2. Exports to the US which prop up local capitalist profit and employment.

    Very cooked. All the rhetoric about dumping Treasuries or Dollar assets is just that, rhetoric.

  • Featured

    Bulletins and International News Discussion from January 26th to February 1st, 2026 - A Powerless Ukraine

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  • Yep, but Japanese Gov has continued to accumulate $ throughout it all, if you are trying to keep Yen stronger you wouldn't do that or you would draw down your reserves.

    Japanese Gov doesn't want to say that Yen is being kept weak deliberately. In the article it's mentioned that Japanese stocks fell due to possible appreciation as it hurts exporters (and foreign income in domestic currency terms). That is not something which happens in a country badly affected by exchange rate related rise in prices.

    I think US and Japanese goals are opposite wrt strength of their currencies, but Japan doesn't want to say it out loud that they want a weak Yen especially given Trump.

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    Bulletins and International News Discussion from January 26th to February 1st, 2026 - A Powerless Ukraine

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  • Looks like Trump wants to make the Dollar depreciate more by buying up Yen in the market, more evidence that Dollar's weakening is what Trump wants rather than being an 'unfortunate' consequence of his tariff policies.

    Btw, Japanese Yen is very likely being deliberately kept weak by the Japanese Gov. So, it'll be interesting to see what happens. Will Japanese Gov stop buying up Dollars? That alone could stabilize and possibly strengthen the Yen, without U.S. Gov intervention.

    Also to be kept in mind is that a large portion of Japanese foreign currency source is 'Primary Income' (basically dividends and profits from investments abroad in USD and other currencies) which will appear larger in Japanese Yen terms if it's weaker.

    article

    The dollar sank to a four-month low on Monday and gold surged above $5,000 a troy ounce for the first time, as speculation over potential joint US-Japan action to support the yen piled further pressure on the US currency.

    The yen climbed 1.1 per cent to ¥154 to the dollar, extending its gains from a volatile session on Friday that included a “rate check” of market participants by US authorities, a move that is often a precursor to foreign-exchange market intervention.

    The dollar, which analysts said was also suffering from concerns over a potential US government shutdown, fell 0.6 per cent on Monday against a broader group of major currencies, extending the losses sparked by last week’s Greenland crisis, which drove it to its worst week since May.

    The surge in the yen has come as traders speculate that the US and Japan could be lining up their first co-ordinated intervention in the currency since the G7 acted to weaken it after the 2011 earthquake.

    “The message is being received that the [US] administration does not want to see the dollar strengthen meaningfully, and if that’s the case then the dollar upside is capped, and that skews towards the downside,” said Evan Brown, head of multi-asset strategy at UBS Asset Management.

    He said this was adding to broader pressure on the greenback from an expectation that institutional investors were looking to build up their hedges against swings in the dollar.

    The dollar also fell 0.7 per cent against the Swiss franc, another haven currency, taking the greenback to its weakest level since 2015 at SFr0.775. The euro rose close to its highest level against the dollar since 2021.

    Gold prices climbed more than 2 per cent, setting a new record above $5,100 a troy ounce, as a weaker dollar and continued concern about erratic US policymaking triggered a scramble for precious metals.

    “We have passed another threshold, just much faster than I thought we would,” said Michael Haigh, analyst at Société Générale.

    “People are price insensitive to gold now, as they expect this momentum to continue,” he added. Global “uncertainty levels are high”, he said, pointing to recent events in Venezuela, Greenland and Iran as factors that had driven investors to traditional haven assets, such as bullion.

    Silver also rallied strongly, rising 10 per cent on Monday to $113 per troy ounce, bringing its rise this year to 59 per cent.

    The bounce in the yen comes after officials and investors had become increasingly anxious about a simultaneous sell-off in the currency and Japan’s bond market ahead of a snap election on February 8.

    The yen hit an 18-month low earlier this month as traders responded to a stimulus plan from the country’s new prime minister, Sanae Takaichi. Investors have worried that authorities face a choice between supporting the currency with higher interest rates or keeping borrowing costs lower to arrest the rout in the Japanese bond market.

    Yujiro Goto, chief foreign exchange strategist at Nomura, said that while there was not yet data to confirm market rumours, it appeared “highly likely” that the Japanese authorities may have already directly intervened in the market on Monday, given that currency moves had been larger than would be expected for purely verbal intervention.

    Goto said such a sharp fall of the dollar would normally trigger “dip buying” by investors. “Without intervention, you would probably have seen the dollar recovering this morning, so I would not be surprised if there had been intervention by Japan,” said Goto.

    Traders were braced for further currency swings, with a CME Group index of implied volatility in the dollar-yen exchange rate reaching its highest since last July.

    Japanese authorities last intervened directly in foreign exchange markets on four occasions in 2024, buying almost $100bn worth of yen to support the currency as it slipped to a rate of about ¥160 against the dollar.

    The yen’s rise accelerated after Atsushi Mimura, Japan’s currency chief at the finance ministry, told reporters on Monday, “We will continue responding appropriately against foreign exchange moves, working closely with US authorities as needed.”

    His comments followed remarks by Takaichi, who said on Sunday that her government would take “all necessary measures to address speculative and highly abnormal movements”.

    Traders said the market had reacted to the idea that the US clearly shared Japan’s concerns over the yen’s prolonged weakness, reversing what had been more than three months of steady declines.

    “Perception is key. If the market perception is that Japan is acting in co-ordination with the US, that makes verbal intervention much more effective,” said Benjamin Shatil, senior economist at JPMorgan in Tokyo. “This may have been enough to move the market.”

    Japanese stocks fell heavily on Monday, propelled by the yen’s strength and concerns over its likely effect on corporate profits. A stronger yen reduces foreign currency earnings for Japanese exporters. The Nikkei 225 index shed 1.8 per cent.

    Shrikant Kale, a strategist at Jefferies, said: “Today’s trading is a knee-jerk reaction. It has always been the case when you see a massive yen movement. The number-one request I’ve received in the last 24 hours is ‘Just give me the names of companies which are positively and negatively correlated with the yen’.”

  • Pentagon no longer views China threat as top priority

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  • It can also be said with more certainty that imports are a benefit if the country has a full employment policy, which the US does not.

    It gets treats from China well in excess of what it gives to China and rest of the world, that the US de-industrialized itself in doing so is a political choice.

    Without a full employment policy, loss of exports for the exporting country means

    1. It will lose employment, capitalists may not invest with lower demand.
    2. A balance of payments squeeze (basically the amount of resources a country can command abroad) will occur, since many exporting countries can't get more than they give.

    With a full employment policy, (1) wouldn't occur, since the state will provide employment and invest as needed. (2) however would be a constraint which is part of the reason why many exporting countries, particularly smaller ones can't decouple from the US.

    For the importing country, imports can displace local production within a market economy. However, it doesn't mean the state can't counter it. After all, imports basically mean China is giving the US stuff for free while taking its own electronic entries.

    If US wants, it can continue to produce cars, if the quality is as good as Chinese it can set prices to match Chinese ones. If its worse, it can sell the cars at a discount over Chinese ones. The state can set prices this way to keep its industry, the industry may run losses in money terms, but it gives the country self-sufficiency and employment. The US by allowing imports without a full employment policy basically crushed worker bargaining.

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    Bulletins and International News Discussion from January 19th to January 25th, 2026 - Squaring the Arctic Circle

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  • There is both debt and equity component to it apparently. Accounting bs to make it appear like an asset swap than actual Government spending like it actually is. Unlike liquid assets like Treasuries, these assets (both the debt and equity part) have very little liquidity.

    One person said the government would get 16.1m shares in USA Rare Earth and warrants for another 17.6m, both at a price of $17.17. The government agreed to pay $277mn for the equity, giving it an implied gain of $490mn for the equity and warrants based on the current share price of $24.77.

    USA Rare Earth will also receive $1.3bn in senior secured debt financing at market rates from the government. The money will come from a finance facility created for the commerce department as part of the CHIPS and Science Act passed in 2022. A commerce official said the department completed the transaction directly with the company.

    The Trump administration is planning to inject $1.6bn into an American rare earths company, its biggest investment in the sector, in Washington’s latest foray into private industry to shore up supplies of key minerals.

    The US government will receive a 10 per cent stake in USA Rare Earth, a publicly traded Oklahoma-based miner that controls significant US deposits of heavy rare earths, according to people familiar with the matter.

    The government investment and a separate $1bn private financing deal are expected to be announced on Monday, according to people familiar with the situation.

    One person said the government would get 16.1m shares in USA Rare Earth and warrants for another 17.6m, both at a price of $17.17. The government agreed to pay $277mn for the equity, giving it an implied gain of $490mn for the equity and warrants based on the current share price of $24.77.

    USA Rare Earth will also receive $1.3bn in senior secured debt financing at market rates from the government. The money will come from a finance facility created for the commerce department as part of the CHIPS and Science Act passed in 2022. A commerce official said the department completed the transaction directly with the company.

    Talks progressed rapidly this week as investor interest returned to critical mineral stocks after President Donald Trump said Washington had reached the “framework” for a deal that could include access to Greenland’s untapped critical mineral wealth. One person familiar with the situation noted that the USA Rare Earth deal was unrelated to Greenland.

    USA Rare Earth declined to comment. The commerce department declined to discuss the deal. But an official in the Chips office — a part of the commerce department housed at the National Institute of Standards and Technology that led the negotiations — said it was “focused on onshoring critical and strategic mineral essential to the semiconductor supply chain and US national security”.

    USA Rare Earth has separately tapped Cantor Fitzgerald, the Wall Street firm previously owned by commerce secretary Howard Lutnick and now run by his sons, to raise more than $1bn in fresh equity financing, the people said. It is not directly related to the deal with the government.

    The deal marks the latest example of the Trump administration’s efforts to intervene in parts of the private sector viewed as critical to US national security, including taking a 10 per cent stake in chipmaker Intel and negotiating a so-called golden-share agreement in US Steel.

    USA Rare Earth, which has a market value of $3.7bn, is developing a huge mine in Sierra Blanca, Texas that it says contains 15 of the 17 rare earth elements underpinning production of cell phones, missiles and fighter jets. It also plans to open a magnet production facility in Stillwater, Oklahoma.

    Last year, the Trump administration invested in at least six minerals companies, including MP Materials, Trilogy Metals and Lithium Americas.

    Some of the investments overlapped with the financial interests of people associated with the administration. The government did a funding deal with Vulcan Elements, a rare earths start-up three months after the president’s son Donald Trump Jr’s venture capital group invested in the company.

    The commerce department and defence department have worked closely together to financially boost domestic rare earth production.

    A condition of the government investment in USA Rare Earth was that the company raise at least an additional $500mn from investors. It is on track to raise more than $1bn because of high demand for the financing deal, which uses a mechanism known as a private investment into a public equity, often called a “Pipe”.

    Cantor’s involvement comes as the investment bank once led by Lutnick, one of Trump’s most prominent cabinet members, has expanded its investment banking capabilities to benefit from the president’s “America first” agenda. Cantor did not play a role in advising on the US government investment in USA Rare Earth.

    Shares in USA Rare Earth have more than doubled this year, helped by a 40 per cent jump this week. The company also sought advice from Cantor when it went public via a blank cheque vehicle in March last year.

    https://www.ft.com/content/0a337dc3-5a12-4c82-87b5-f2340378006c

  • Locked

    Bulletins and International News Discussion from January 19th to January 25th, 2026 - Squaring the Arctic Circle

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  • Very impressive if true, it's not that easy to bite off a finger, even just the tip.

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    Bulletins and International News Discussion from January 19th to January 25th, 2026 - Squaring the Arctic Circle

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  • Trump threatens Canada with 100% tariff over pending trade deal with China

    WASHINGTON, Jan 24 (Reuters) - U.S. President Donald Trump said on Saturday he would impose a 100% tariff on Canada if it follows through on a trade deal with China and warned Canadian Prime Minister Mark Carney that a deal would endanger his country.

    "China will eat Canada alive, completely devour it, including the destruction of their businesses, social fabric, and general way of life," Trump wrote on Truth Social.

    "If Canada makes a deal with China, it will immediately be hit with a 100% Tariff against all Canadian goods and products coming into the U.S.A." Carney's office did not immediately respond to a request for comment.

    The Canadian prime minister this month traveled to China to reset the countries' strained relationship and reached a trade deal with Canada's second-biggest trading partner after the United States. Immediately after Carney's China trip, Trump sounded supportive. "It's a good thing for him to sign a trade deal," Trump told reporters at the White House on January 16. "If you can get a deal with China, you should do that."

    But U.S.-Canada tensions have grown in recent days following Carney's criticism of Trump's pursuit of Greenland.

    MORE PRESSURE ON CANADIAN INDUSTRIES

    Trump on Saturday suggested China would try to use Canada to evade U.S. tariffs. "If Governor Carney thinks he is going to make Canada a 'Drop Off Port' for China to send goods and products into the United States, he is sorely mistaken," Trump said, using a title for Carney that refers to Trump's past calls for Canada to become the 51st U.S. state.

    If Trump makes good on Saturday's threat, the new tariff would greatly increase U.S. duties on its northern neighbor, adding pressure to Canadian industrial sectors such as metal manufacturing, autos and machinery. Relations between Carney and Trump seemed relatively placid until the Canadian leader this week spoke out forcefully against Trump's pursuit of Greenland.

    Carney subsequently at the World Economic Forum called on nations to accept that a rules-based global order was over and pointed to Canada as an example of how "middle powers" might act together to avoid being victimized by American hegemony.

    Carney, during his speech in Davos, Switzerland, did not directly call out Trump or the United States by name. However, the prime minister argued that “middle powers must act together because if you are not at the table, you are on the menu."

    Many world leaders and industry titans present at the Switzerland confab responded with a standing ovation.

    Trump shot back in his own Davos speech and said Canada “lives because of the United States,” a statement that Carney rejected on Thursday.

    "Canada and the United States have built a remarkable partnership in the economy, in security and in rich cultural exchange," Carney said in Quebec. "Canada doesn't live because of the United States. Canada thrives because we are Canadian."

    Since then, Trump has dug in, revoking Canada’s invitation to his Board of Peace that he wants to deal with international conflicts and Gaza’s future.

    After Carney’s election last year, Trump and Carney shared a congenial tone. "I think the relationship is going to be very strong,” Trump said at the time.

    But Trump this month dismissed the mega trade deal between the United States, Canada, and Mexico — up for renegotiation in July — as “irrelevant.”

  • Chapotraphouse @hexbear.net
    FuckyWucky [none/use name] @hexbear.net

    “Modernity” Is Not the Same as Lack of Poverty

    peoplesdemocracy.in /2026/0125_pd/%E2%80%9Cmodernity%E2%80%9D-not-same-lack-poverty
  • Featured

    Angela Yvonne Davis - Novo General Megathread for the 23th-29th of January 2026

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  • Nvidia accused of trying to cut a deal with Anna’s Archive for high‑speed access to the massive pirated book haul

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  • your brain is training with new data

  • Locked

    Bulletins and International News Discussion from January 19th to January 25th, 2026 - Squaring the Arctic Circle

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  • Always, and Europe will continue to be dependent on the US.

  • Locked

    Bulletins and International News Discussion from January 19th to January 25th, 2026 - Squaring the Arctic Circle

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  • Locked

    Bulletins and International News Discussion from January 19th to January 25th, 2026 - Squaring the Arctic Circle

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  • Pilot forgot their phone at home

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    Bulletins and International News Discussion from January 19th to January 25th, 2026 - Squaring the Arctic Circle

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  • Increasing bond prices implies that either the government needs more money short term or that there is less confidence that the government will be able to repay it.

    I think you meant yields, not prices. This only applies to non-sovereign bonds, corporate bonds and all. Yields go up with sovereign bonds whenever market believes Japan will raise interest rates or if market believes BOJ purchases may be loosened, so the existing stock of bonds becomes less worth it (lower prices), especially true for long duration bonds (which shouldn't even exist, much more speculation prone).

    Fun fact: speculators have tried to short Japanese Gov Bonds in the past (see widow-maker trade) and famously failed since BOJ always bought up as needed to maintain yields at the target it set. When the Central Bank says it won't let go of the yield peg, most/all the speculation disappears. Since you will lose against the Central Bank. What if foreigners don't want to hold? The adjustment shifts to currency exchange rate, i.e. Yen depreciates.

  • IMF managing director calls on Ukraine to eliminate subsidies for housing and communal services

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  • Here she is wearing Milei regime's shock therapy symbol, the chainsaw.

  • Locked

    Bulletins and International News Discussion from January 19th to January 25th, 2026 - Squaring the Arctic Circle

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  • i am going with market expectations of higher rates by BoJ. Also a bit of speculation.

    Edit: If expectations don't align with reality, the speculators lose money.

  • UUUUUUUUUUUUUUH

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  • Locked

    Bulletins and International News Discussion from January 19th to January 25th, 2026 - Squaring the Arctic Circle

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  • Do it, cowards. We are just a sick declining Empire.

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  • I find it funny they are always going for import tariffs as retaliation, i.e. to deprive U.S. capitalists (and lesser extent worker employment) from demand in EU market. Why not deprive Americans of European treats by putting a tax on exports to the U.S.

    Of course, the reason is clear, these are capitalist countries where reduction in demand (due to export tariff) results in higher unemployment and more importantly, lower profits for captialists.

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    Bulletins and International News Discussion from January 19th to January 25th, 2026 - Squaring the Arctic Circle

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  • Slop. @hexbear.net
    FuckyWucky [none/use name] @hexbear.net

    ‘Maga has gone Maoist’: corporate America reels as Trump turns interventionist

    www.ft.com /content/36ab31dd-6cb6-4b1e-b15d-32eafdcea556
  • memes @hexbear.net
    FuckyWucky [none/use name] @hexbear.net

    2025: This guy who was soyfacing and recording right after Charlie was Kirked. He also yoinked some merch afterwards.

  • technology @hexbear.net
    FuckyWucky [none/use name] @hexbear.net

    Activating Windows using Epstein's laptop

  • Chapotraphouse @hexbear.net
    FuckyWucky [none/use name] @hexbear.net

    The Gangster Phase of Imperialism

    peoplesdemocracy.in /2026/0111_pd/gangster-phase-imperialism
  • Chapotraphouse @hexbear.net
    FuckyWucky [none/use name] @hexbear.net

    DOI cracks down on stickers covering Trump's face on national park passes

    www.sfgate.com /national-parks/article/sticker-covering-trump-void-national-park-pass-21278091.php
  • music @hexbear.net
    FuckyWucky [none/use name] @hexbear.net

    Kino - Summer is Ending [Кончится Лето] - REMIX

  • Slop. @hexbear.net
    FuckyWucky [none/use name] @hexbear.net

    Anyone not liking the Eurozone is promoting "Russian disinformation"

  • technology @hexbear.net
    FuckyWucky [none/use name] @hexbear.net

    HONOR WIN RT Hands on & First Impression: 10,000mAh & Built-in Fan & 8 Elite!

  • music @hexbear.net
    FuckyWucky [none/use name] @hexbear.net

    Lovely sad 24gh original video

  • Chapotraphouse @hexbear.net
    FuckyWucky [none/use name] @hexbear.net

    The Fed Lowered Rates Again. Is It Really a Surprise?

    www.levyinstitute.org /publications/the-fed-lowered-rates-again-is-it-really-a-surprise/
  • Chapotraphouse @hexbear.net
    FuckyWucky [none/use name] @hexbear.net

    ‘The gap is widening’: inside Donald Trump’s K-shaped economy

    www.ft.com /content/49274d50-d781-45d5-a4cd-9ab00986d033
  • Chapotraphouse @hexbear.net
    FuckyWucky [none/use name] @hexbear.net

    The World Bank Miracle: How to Show Rising Poverty as Declining

    peoplesdemocracy.in /2025/1221_pd/world-bank-miracle-how-show-rising-poverty-declining
  • Chapotraphouse @hexbear.net
    FuckyWucky [none/use name] @hexbear.net

    Trump’s “best is yet to come” and the data reality are diverging – for the worse!

    billmitchell.org /blog/
  • Chapotraphouse @hexbear.net
    FuckyWucky [none/use name] @hexbear.net

    British Labour’s obsession with fiscal rules is untenable and ignores the reality of the situation

    billmitchell.org /blog/
  • memes @hexbear.net
    FuckyWucky [none/use name] @hexbear.net

    Aint no way

  • Chapotraphouse @hexbear.net
    FuckyWucky [none/use name] @hexbear.net

    Apropos “Western Civilisation”

    peoplesdemocracy.in /2025/1130_pd/apropos-%E2%80%9Cwestern-civilisation%E2%80%9D
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    FuckyWucky [none/use name] @hexbear.net

    Even with Infinite Time, We Can’t Run Out of QR Codes

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    FuckyWucky [none/use name] @hexbear.net
    Polish state owned enterprise

    Repurposed a Nazi Factory Site to Make TNT to Drop on Gaza

    www.dropsitenews.com /p/polish-company-nitro-chem-tnt-us-mk-80-israel-gaza-nazis
  • Chapotraphouse @hexbear.net
    FuckyWucky [none/use name] @hexbear.net

    Indonesia: The Burn Method

    www.northsouthnotes.org /p/the-burn-method