Under massive inflation, this actually makes sense.
The cost of everything else going up, if your costs get too high and you can’t raise your prices enough to break even, you’ve just got a liability on your hands. The inflation doesn’t just raise prices uniformly, it causes all kinds of malinvestment and destabilization so it’s hard to predict what’s going to do really well and what’s going to be pointlessly harmed.
Biden is a great example of the decline of American democracy.
Honestly speaking, Trump is a symptom. People were so pissed off with the establishment that doesn’t care about them, that despite the entire establishment telling them not to, millions voted for this whacked out twitter troll and made him president.
They’re so busy attacking Trump, they’re so scared of Trump. What they should be really scared of is the population that thought Trump was their only choice to shake up the establishment. What they’ve done in the meantime to deal with this wrinkle in the master plan is take the mask entirely off and show that they are exactly what we thought they were the whole time.
In the event of World War 3, neutrality in Europe is, for practical purposes, simply the correct policy as long as you can back it up.
Sweden and Switzerland were both neutral in WWII, and it resulted in both of the (not destroyed by the war to end all war) countries becoming some of the most powerful economies in the region, a legacy that positively affects them to this day.
“Russia is so powerful they’re responsible for anything we see that we don’t like!” Also: “Russia is so weak they need to tape iGo GPSes from China to their fighter jets!”
Maybe they’re right, maybe they’re wrong, problem is when you lie too much nobody believes you. Remember the story of the boy who cried wolf.
To be real, it’s pretty much impossible to know either way.
There’s a significant lack of data. Most of the history of bitcoin has taken place after the last major financial crisis, during a period of the longest economic expansion in history and the largest expansion of the money supply in history, and a continuous everything bubble causing a lot of strange stuff, such as the smallest car company in the world having a larger market cap than all the largest car companies in the world.
But myself, I think that it’s a symptom of the broader malinvestment caused by the current business cycle, rather than a sign of the future in progress.
It’s 50/50 what happens from here.
If the central banks continue to tighten, the everything bubble collapses, and a lot of these “magic bean” assets will collapse hard. If you can make 10% or 20% on a government bond, or maybe go sideways or down on a magic bean assets, the money will pile into the sure thing.
On the other hand, if the central banks blink and rates go back to nothing, the bubble will continue to inflate, and so will “magic bean” assets.
I mean, if you’re going to use shocking language, at least be funny or interesting or insightful.
If every post is just a bunch of boring nonsense and racial slurs, it just convinces me that being racist is boring and uncool.
Is that what you want? To make racism boring and uncool? Think of the children…
The Picture of Dorian Gray is a novel by Oscar Wilde. It is a story where a man sells his soul so that a painting ages and experiences the consequences of his own sin in his stead, so he can live a life of debauchery and sin forever without consequence.
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Hey, don’t go to war. Obviously. Nobody likes war. War sucks. Putin, you suck for going to war. Now, all that said.
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Just needs to pass congress and get signed into law and that’ll end DST in the United States.
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Someone getting beaten by the cops
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Had a batch of this sitting on our shelf as a plan B in the event that we can’t get his actual formula, turns out there’s trouble with this one.
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I post this one in particular because he talks about a lot of things I think are really pertinent, especially in the first half where he talks about the malinvestment caused by the federal reserve bubbles that I’ve talked about a few times on here, including how you end up with all these companies e…
“This is the forum for advocating for committing crimes you should commit crimes this is legal advice”