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FuckyWucky [none/use name]

@ FuckyWucky @hexbear.net

Posts
81
Comments
833
Joined
3 yr. ago

Pro-stealing art without attribution

  • There has been Lots of Venezuelan Gusanos On My FYP Recently. Especially those Art/Anime Venezualans Twitter users celeberating Maduro kidnapping.

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  • The people on Twitter, even those living in Venezuela mainly represent the top 10-20% income percentiles. I'm not sure how unpopular Maduro is among the majority working class, but Twitter attracts the better off esp in the Global South.

  • Featured

    Bulletins and International News Discussion from December 29th 2025 to January 4th 2026 - A Bold Step Forward For The AES

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  • Class awakening intensifies

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  • It pays like $2000/game pizza unlike irl

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

    Anyone not liking the Eurozone is promoting "Russian disinformation"

  • Featured

    Bulletins and International News Discussion from December 29th 2025 to January 4th 2026 - A Bold Step Forward For The AES

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  • Who are you voting For? ("V24 is giving out our 1st annual Anti-Western Activist of the Year Award")

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  • Very funny how

    gets into every one of these lists.

  • Featured

    Bulletins and International News Discussion from December 29th 2025 to January 4th 2026 - A Bold Step Forward For The AES

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  • Yep, they don't want to call it inflation but it kind of is. Neoliberals fear mongering about Govt spending when private sector is spending recklessly with no concern for rest of the economy.

  • Thieves drill into German bank vault and make off with millions

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  • This is just like that GTA V heist

    fr doe I hope they get away.

  • Mao Zedong - Novo General Megathread for the 25th-31st of December 2025

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  • Got a used Apple Watch 8, pretty good for heart rate tracking. The line going up and circles filling up does make me want to exercise.

  • Featured

    Bulletins and International News Discussion from December 29th 2025 to January 4th 2026 - A Bold Step Forward For The AES

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  • Modi dies or goes to prison

    pls

  • Featured

    Bulletins and International News Discussion from December 29th 2025 to January 4th 2026 - A Bold Step Forward For The AES

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  • U.S. recession, not like the 'mini' one.

    Dollar depreciates (but no de-dollarization).

    Third world countries continue to struggle economically, implementing further austerity and internal devaluation measures to try win export competitiveness.

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

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

  • Featured

    Bulletins and International News Discussion from December 29th 2025 to January 4th 2026 - A Bold Step Forward For The AES

    Jump

  • Mao Zedong - Novo General Megathread for the 25th-31st of December 2025

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  • Get calipers. It's how I made my own first part. A more compact case for a router. Fusion 360 isn't too difficult.

    It's kinda exhausting though ngl.

  • Are we starting to witness a "battle for second place" between the U.S. and India?

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  • The central banks of India and the UAE set up a swap line, agreeing to exchange, say, a pile of rupees for a pile of dirhams. Then when an Indian refinery needs to buy UAE oil, it pays in rupees to its bank.

    Are the swap arrangements temporary or permanent (ie they have to swap back at later date with interest). Because if it's permanent it becomes more of a Net Transfer (a bit more complicated but it's similar) , and India would be able basically getting something by giving its own currency, what would UAE do with these Rupees? You might say invest in Indian Govt bonds, but then you get Rupees only. Maybe FDI/FPI, but when India and Russia were trying Rupee-Ruble arrangement in 2022, Russians were reluctant.

    On central banks buying gold, framing it as turning dollars into more dollars later is a wild misinterpretation of their motive. They're not day traders. They're risk managers. After watching the US freeze half of Russia's reserves, buying gold is about getting a real asset with no counterparty risk. It's de-dollarization 101 as opposed to some yield play.

    Sure

    First off, the whole bond yield thing. It's not that yields are magically pegged. When a central bank does QE, it's literally buying up its own debt in massive quantities, which artificially pushes the price up and the yield down. The value gets destroyed over time because that policy, if it goes on too long, invites inflation. Inflation eats the fixed coupon of the bond for breakfast. So the loss is real, either as a capital loss if you sell or as a silent erosion of purchasing power. The stable DXY lately is more about relative misery than dollar strength.

    Natural rate of interest is zero if the Government runs a deficit under floating exchange rates, Treasuries are an interest-bearing savings instrument provided by the Fed. Inflation depends on aggregate demand, not on whether numbers exist on computers somewhere.

    So the loss is real, either as a capital loss if you sell or as a silent erosion of purchasing power.

    If you hold Dollars, the only risk-free interest bearing asset is Treasuries (IOR exists too but only for certain institutions). If you are buying any other currency you are taking exchange rate risk instead of supposed inflation risk.

    The services surplus and those rock solid remittances bring in the real dollars year after year. Meanwhile capital flows are fickle money that's chasing yield, and it can reverse in a heartbeat when global risk sentiment shifts or the Fed hikes rates. That's a volatile source to depend on for funding something as essential as oil and electronics imports.

    That is true. But it doesn't change the part that any flows are better than no flows since it allows the country to run larger trade deficits than it would be able to without it.

  • Are we starting to witness a "battle for second place" between the U.S. and India?

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  • bond yields are pegged, dxy is stable relatively. central banks mainly buy gold to turn dollars into more dollars later. India is only able to trade with Russia (or at the least net import) because it obtains UAE Dirhams, again by exchanging Dollars it has. The question is how India will be able to import as it does now without capital flows, services exports gone and remittances reduced. One way would be for China and others to transfer certain sums of Yuan to India's account (either for 'free' or in exchange for Rupees). That's what Americans do, they buy Rupee denominated assets, India exports electronic entries and paper which shows up under capital/financial account which finances India's trade deficit with China and oil exporting countries. Without non-trade components, trade is reduced to barter-like arrangement.

    Sources and Uses method can be a good way of looking at it. India's source of foreign currencies include mainly: Services surplus (IT exports), Net Capital Flows (Financial and Capital Account), Net Transfers (mainly remittances from abroad), Draw upon reserves (they do it when exchange rate is under pressure). It uses these sources to pay for Goods Imports (oil, electronics etc from China, Gulf, Russia etc), Accumulate Reserves (i.e. reserves increase), Net Income (dividends, interest paid on domestic shares which go abroad).

  • Are we starting to witness a "battle for second place" between the U.S. and India?

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  • The question then remains how will they earn whatever foreign currency they need to import?

    India has one reliable source of foreign currencies, remittances from Gulf and the West. The other half is net capital flows. India's trade deficit with China exists because of these. There is also very vulnerable services exports (which India has a surplus with the US) which will decline if India tries decoupling further pushing down imports and all.

    There are a lot of hopefuls in that, Trump tariffs have been devastating for the economy, yet the Government instead of decoupling and trying to improve domestic demand, doubled down on internal devaluation instead. Will that characteristic change? Maybe depending on the pressure the US puts on capitalist profits.

  • Are we starting to witness a "battle for second place" between the U.S. and India?

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  • I don't think so. The present regime is captured by oligarchs who have financial interests in the US. All the Indian bureaucrats and ministers have their children studying in the US.

    The last point I made wrt labor laws is also related since India was doing it because of Trump tariffs, the strategy is to reduce labor costs so capitalists earn more profits and India get to export and receive capital flows (from the US).

  • Are we starting to witness a "battle for second place" between the U.S. and India?

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  • India is getting nowhere. It has a top 10% who are the consumer base and rest extremely poor (much worse inequality than China or the US). Real wages even among the salaried have been stuck since like 2010.

    More recently, they weakened labor laws and ended rural job guarantee with zero consultation so as to please international capital.

  • Deleted

    We Are Charlie Kirk - Full Cello Cover

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  • nope, just a

    . i think there is definitely a funny aspect to making a real cover out of an AI slop song.

  • It was all good when private equity fucked up housing, healthcare but now that its gaming 🤣

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  • Market planning and allocation of real resources at its best. Those with most $ (acquired from the Government and bank credit) get all the real resources.

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

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

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

    Upper East Side Moms Are Melting Down Over Mamdani

    www.thecut.com /article/moms-of-the-upper-east-side-facebook-meltdown-mamdani.html
  • music @hexbear.net
    FuckyWucky [none/use name] @hexbear.net

    Heaven and Hell AKA Super Hyper Can Can

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

    This is America but it's actually Doraemon

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

    Peent Peent

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

    Mao's 'propaganda'

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

    Argentina entering the usual doom loop that austerity inevitably creates

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

    How Modi and RSS Are Fuelling Nepal’s Constitution Crisis

    frontline.thehindu.com /world-affairs/nepal-constitution-crisis-army-rss-modi-democracy-sushila-karki-genz-protest/article70096381.ece