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ralphio

@ ralphio @lemmy.world

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137
Joined
2 yr. ago

  • What the collapse of a company owing $300 billion means for the world

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  • It trades on Hong Kong Stock Ex so not a traditional Chinese market, but technically a Chinese one nonetheless. Honestly considering how many tech stocks are traded in retirement funds today, Evergrande probably once seemed like a relatively conservative investment.

    Rule of thumb is about 1/3 go to foreign investment for a typical retirement account in the US. But you're right, it should be a very small part of the average portfolio.

  • What the collapse of a company owing $300 billion means for the world

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  • Yes, both stock and bonds. But the stock and bonds have been trading near zero for a couple years so the damage was done in '21.

  • Ukraine informs US about forthcoming dismissal of Commander-in-Chief Zaluzhnyi – Washington Post

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  • The damning truth about the UK’s 2% inflation target: it’s completely made up | Louis-Philippe Rochon

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  • Yeah, I'm sorry but this is stupid. I think you're on to something here in that technocracy has led to a situation where corporate stooges are put into positions of power as "experts" who just make policy that benefits capital. On the other hand economics is a legitimate science with rigorous case studies to back up at least some of its theories. The real problem is there are a lot of junk theories out there that have been implemented through the political weaponization of faux-expertise. Chicago Boys' economics is a good example of the problem.

  • Israeli army occupies Gaza homes – then burns them down

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  • Yeah basically admitting it's state sanctioned. Should save the South African lawyers some paperwork.

  • 'There are mistakes, it is war': Israeli commander indicates IDF were behind white flag shooting

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  • Yeah I'm pretty sure this is Israel's methodology for calculating Hamas deaths, 100% of adult men are soldiers. It's obviously a lie but I do believe that's where the number comes from.

  • Three US troops killed and 34 injured in drone attack in Jordan

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  • Yep between the mountainous terrain and Iran's advanced missile program it'd be a disaster. If a president got involved in a war like that, the opposition party might end up with 70 senate seats instead of the 60 the dems got after the Iraq war fell apart.

    ETA: the other problem is that Iran has a much, much stronger central government than Iraq or Libya did in terms of control over the population.

  • Three US troops killed and 34 injured in drone attack in Jordan

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  • Is Kim Jong Un Preparing for War? - 38 North: Informed Analysis of North Korea

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  • That's definitely a big factor here, but NK does have some leverage over China. China for example has not been happy with NK nuclear and missile tests, but they have continued anyway. I guess it's just a question of how far NK might stray from China's authority.

  • Is Kim Jong Un Preparing for War? - 38 North: Informed Analysis of North Korea

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  • I think you might be misinterpreting China and NK relations here. China moreso sends aid to NK since if the regime collapsed, they'd have to deal with the refugees. It's not as simple as China pays the bills therefore Kim is their puppet. If he went against their wishes they could use force or withhold aid, but that would also just lead to them dealing with a refugee crisis.

    Although an invasion is unlikely it's worth keeping an eye on since the result would be a disaster for every party involved.

  • UN agency fires staff members allegedly involved in October 7 attacks | CNN

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  • The timing of this discovery seems awfully convenient, no? Even if it's true, it looks like the Israelis sat on this info.

  • China builds spy stations in mountains on disputed border

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  • Not that it's anything new, but it's crazy that 2 ICBM-armed states have a massive border standoff.

  • Iran says Baluchi militant group bases attacked in Pakistan - state media

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  • End Gaza war to stop Houthi attacks - Qatari PM at Davos

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  • People like to thumb their noses at comments like this, but the Saudis bombed the Houthis for the better part of a decade and that still couldn't stop them from taking potshots at Saudi oil infrastructure. Note that the Saudis were using US weapons and intelligence to attack the Houthis so not totally different from the current situation. In the end diplomacy was what got the Houthis to stop. I'm skeptical that this time is going to be significantly different.

    ETA: by comments I mean the comments of the Qatari PM.

  • Following review, Business Insider stands by reports on wife of ex-Harvard president's critic

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  • Removed Locked

    Exclusive: Hamas, Islamic Jihad accused of using child soldiers in war against Israel

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  • Looks like IDF is claiming 170 child soldiers with no evidence of direct involvement in fighting. Seems to be a war crime on Hamas's part, but pinning mass death of children on child soldiers is not honest. Not saying you specifically are pushing this idea, but thought some context wouldn't hurt here.