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FuckyWucky [none/use name]

@ FuckyWucky @hexbear.net

Posts
84
Comments
855
Joined
3 yr. ago

Pro-stealing art without attribution

  • X could be banned in UK amid sexualised AI images concerns

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  • Unless Twitter themselves don't show the site in the U.K., the block will be very weak just an IP/DNS Block by ISPs? It could be more effective to just order Twitter to block Grok entirely in the UK. At the least do that immediately then go ahead with full on block. Considering that they have been very slow for illegal content shows there is external pressure on the U.K. Government.

    I saw APL tweet (yes ik, ironic) about sanctioning Starmer and UK Govt.

  • Featured

    Bulletins and International News Discussion from January 5th to January 11th, 2026 - The New Old Colonialism (And Long Live Chavismo) - COTW: Venezuela

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  • True stimulus comes from fiscal side, not monetary. Lowering reserve requirement has questionable efficacy. And lending itself depends on demand. Capitalists take loans on expected profit.

    Workers take loan based on current, future cash flows which in turn is based on stability of employment. In many countries (I do not know if its the case in China) public sector worker wages are inflation-indexed, this allows them to take on more debt than private sector workers where inflation doesn't result in higher wage (due to massive reserve army). But regardless, since China is in deflation, this doesn't apply.

    True, if you have state owned banks, as China does, you can tell them to lend to certain people, but state owned banks don't create Government money (that comes from only Government spending and lending), they create bank money which are expected to be paid back with interest (if any) unlike Government spending which have no expectation of payment (except for taxes and stuff). But this and interest rates are their only good levers without using fiscal policy, with the risk of NPAs, (basically, bad debts) blowing up reducing capital and limiting future lending without capital injections (which is closer to/is fiscal policy depending on how its done).

    Fun fact, that's how Indian economy survived 2008 so well, its banking system had less foreign exposure true but also it directed public banks to lend more to infrastructure and such. Eventually, NPAs blew up, around 2011/2012 or so. The Gov recapitalized it, merged bad public banks with others , later the banks became more cautious wrt lending.

  • Featured

    Bulletins and International News Discussion from January 5th to January 11th, 2026 - The New Old Colonialism (And Long Live Chavismo) - COTW: Venezuela

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  • surely it won't come at the expense of rest of the budget

  • People say you can't trade stocks off information - but maybe only Leftists can? I ran an experiment.

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  • I don't have any individual shares anymore, https://etfdb.com/ helped me get started.

    Pick broad indices' etf consistently, like QQQ or SPY.

    applies best there, and it's very lazy you don't have to constantly think about stocks.

    While very macroecon focused rather than trading, this book helped me learn a lot of jargon too. Also this blog.. Also this, though mainly India focused, it also deals with economic terminology.

  • People say you can't trade stocks off information - but maybe only Leftists can? I ran an experiment.

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  • Yep. I mentioned that in the second comment. Leverage etf only works well during

    continuously. Mine went into negative 10% back in Apr 2025 when Trump did his thing. I would never buy anything other than broad ETFs. America has some crazy ETFs like 3x crypto or 2x amazon leverage.

  • People say you can't trade stocks off information - but maybe only Leftists can? I ran an experiment.

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  • People say you can't trade stocks off information - but maybe only Leftists can? I ran an experiment.

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  • Ok. So, TQQQ is basically the entire US tech sector (ai bubble and all) but it goes up 3 times up or down (roughly, it's a bit more complicated). Since its an ETF you can't lose more than you put in unlike other types of leverage. SPXL is the 3 times version of top 500 US corps.

    I buy up small amounts every month since it gives variety of prices. You automatically buy up more shares during a downturn and less during a boom (ofc you need a steady income, which can be hard to come by if you are a private sector worker during a recession)

    JNK/XCCC the ETF provider buys up a bunch of low credit rating corporate debt. When there is a financial crisis, certain big traders are forced to dump these at a discount (due to company/legal requirements) which makes it sell at a discount of what it should be given actual default rates of underlying debt. Fed especially makes sure that highly rated debt (A's and B's) don't discount too much. XCCC is junkest of the junk so extra risky.

    The bad part of such ETFs are that they pay as dividends, and if you are a non-US investor, you end up paying 15-35% to the US depending on country as withholding tax. You may get double taxed which can be a real drag on returns. Some countries allow you to claim withholding to reduce your tax liability. To counter this, you can buy an accumulating ETF which allow you to pay taxes as capital gains in your own country (though there is a 15% drag still, since most of accumulating ETFs are located in Ireland and Ireland has a 15% withholding tax treaty with the U.S.).

    PE ratio shows how overpriced shares are given the current level of actual earnings.

  • People say you can't trade stocks off information - but maybe only Leftists can? I ran an experiment.

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  • Mine was much lazier (trading or 'investing' idk). I started buying up TQQQ (3x Leveraged NASDAQ-100) ~$150 a month (to get a wide variety of prices) starting in early 2024. The bubble grew and grew and I made like 50% return. I think with constant trading, it becomes very difficult emotionally, you end up selling stuff at a loss.

    I don't trust 2026 to be good (unemployment going up, weak US economy, bubble not likely giving actual returns, Fed rate cuts) so I sold it and went back to corp/sovereign bonds (existing purchases). Sold at a pretty good price since TQQQ hasn't recovered from it's peak. I am still buying SPXL (triple leveraged S&P 500) though (small amounts $60/m) because I do not know when it will bottom out. Is it going to succeed always? Idk, but relying on the US Gov to prop up stock prices as long as the market exists is a strat.

    Also put some in junk bond ETFs like JNK & XCC. These ones usually drop hard when there is a run to liquidity, usually more than fair value, esp considering the Fed props up the credit market (Fed in fact bought small amount of JNK during COVID crisis).

    Edit: I think the easiest thing you can look at is the PE ratio.

  • is it naïve of me to feel, deep in my bones, that despite how bleak it is now, the Western Bourgeoisie are overplaying their hand

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  • Do you think the PBOC will let the Yuan appreciate too much?

    It'll make it much more difficult for third world countries to import intermediate goods from China.

    They'll be forced to try obtain more Dollars to get same amount of Yuan. How much of that will be done through internal devaluation I wonder.

  • NSFW

    [CW: Violence] ICE agents the second they get bored

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  • Hey, he was threatened with deportation, ironically.

    The North Korean one is very... , he helps the same guy smuggle counterfeit notes in a previous mission.

  • NSFW

    [CW: Violence] ICE agents the second they get bored

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  • Niko kills loan sharks.

  • Brexit was bad actually, says new poll

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  • Ikr. It's unfortunate since the main reason UK went from bad to worse was its austerity regime, Brexit combined with that made it much worse.

  • 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

  • My daughter has a disability – the lack of empathy in Britain is mind-blowing

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  • Locked

    Cuban Revolution 67th Anniversary- Novo General Megathread for the 1st-7th of January 2026

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  • White people having shit takes on Greenland again (CW: implied racism)

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  • Denmark giving transfers to Greenland increases demand for Danish goods themselves. It's similar to Germans whining about them subsidising "lazy" Greeks. That's not how capitalism works, under it spending of any kind can create employment, and imports by Greeks were financing Germany's low fiscal deficit, since current surpluses were high while maintaining employment.

    So under capitalism purely looking from "selfish" economic perspective :

    1. Denmark gains demand for its goods form Greenland increasing its own output and employment.
    2. Greenland gets access to more goods and services than it would be able to if it were independent.

    This isn't anti-independence, just that Greenland losing out on transfers will likely reduce its imports. But at the same time, Greenland having its own currency may also allow it to spend in ways it can't currently ie improve productivity, employment so the loss of transfers may be somewhat offset.

    Quite different from say, USSR giving transfers to Cuba. Since USSR operated under a centrally planned full employment economy, any transfer meant loss of resources but no higher employment (since it was already at full employment). Very different from capitalism.

    In this case:

    1. The USSR lost access to oil and other goods which it could've sold to other countries for foreign exchange or real goods/services while not gaining additional employment.
    2. Cuba gained acesss to real goods from the USSR allowing it to have higher standard of living.
  • Featured

    Bulletins and International News Discussion from January 5th to January 11th, 2026 - The New Old Colonialism (And Long Live Chavismo) - COTW: Venezuela

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

    Kino - Summer is Ending [Кончится Лето] - REMIX

  • Featured

    Bulletins and International News Discussion from January 5th to January 11th, 2026 - The New Old Colonialism (And Long Live Chavismo) - COTW: Venezuela

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  • who's his lawyer?

  • NVIDIA To Bring Back The GeForce RTX 3060 In Q1 2026 To Tackle Current-Gen GPU & Memory Shortages

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  • it's not that bad, esp considering how mid upgrades 4060 and 5050 are.

  • Locked

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

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  • It's really difficult, because they are literally celebrating their own country being attacked. Supporting Trump alone is like multiple steps away from that.

    Though ofc, ICE needs to be destroyed.

  • 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
  • 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