America is a global embarrassment. Just

Weird how making these LLMs ‘anti-woke’ results in it Hitlerposting. wonder why

deleted by creator

i think they can, because its not really going to anything productive, you are creating numbers buying numbers with numbers.

The British state already nearly had a bond market collapse in 2022.

Bond markets only have the space given to them by the Government. They can peg yields if they choose, a stronger Government wouldn’t have collapsed the same way as can be seen by the fact that Trump isn’t gone despite record deficits with OBBB (it’s not just being the reserve currency issuer). This isn’t ‘money printing’ or inflationary, because it’s just moving around numbers, nothing is going to anything real. Giving rich people tax breaks is similar, they get bigger number on their account. It matters to the poor more since poor actually use money, they have taxes and quasi-taxes to pay (rent, food etc).

Edit: The one avenue I can see is if everyone starts converting their currency in forex markets. But not much of a problem with flexible rates and especially not for the western countries high in the currency hierarchy, even the 2022 shitshow in UK didn’t cause that much depreciation in the Pound. And if things get too worse like 50-100% instant depreciation, I’m sure theyll impose capital controls.

I have doubts. Gov nowadays sets floor prices on financial assets. They will buy up whatever trash needed to prevent it from falling too low if needed.

It shouldn’t be seen as much more than moving numbers around.

General

Has Bolsonaros popularity gone down considering US is trying to coerce Brazil to save him?

deleted by creator

https://xcancel.com/_Holly_Fox/status/1943441645183340626

Vought International™️

So stupid, if you wake up freezing set the AC at 23-24C, it’ll keep the room cool ‘enough’. Also, most ACs now are very efficient and don’t just turn off and on but have many levels.

We’ve discussed the effects keeping your AC has on sleep, but the constant running could also make the unit cold to the point where it breaks. It will reduce the pressure in the evaporator or coiling coil component inside the unit until it freezes over. The freezing could cause the compressor to become damaged and result in your AC no longer working.

No, ACs have sensors to prevent that. The compressor trips. Also, in a warm environment, the inside unit coil will not freeze, if it does, something else is wrong with the AC.

Good summary

Yea it is bleak not because both sides or whatever but because hundreds of thousands of people are dead and they are not Israelis.

Israel should be sanctioned. At best I support only food, fuel and medicine. But as Israel says, fuel can be used for rockets, sugar too.

And yea, Israel has no right to exist. And especially not as a Jewish supremacist state.

Just because something isn’t feasible in the current environment doesn’t mean it cant be done at all. No laws of nature is being broken. It is possible.

By talented people with ideas he of course isn’t referring to engineers or even programmers but capitalists.

How about banning large corps from issuing shares abroad? Britain is too financialized. There is no need to pump more people’s money into shares.

In her Mansion House speech to City leaders, Rachel Reeves is expected to consider cutting tax breaks for people parking their savings in cash ISAs, in a bid to encourage more investment in stocks and shares.

People parking their savings in stocks doesn’t increase investments in real sector. In long run without a Government sector, increases in private profits comes from private investment financed by bank loans created from nothing (inside wealth).

That applies to new equity (shares) as well, the money to buy newly issued shares (IPO) must come from retained earnings (which come from previous investments or govt deficit and is limited in amount), or bank money creation (which is constrained by bank’s willingness to lend).

Funny how the land of Keynesian economics is now implementing the most braindead monetarist economic policies. Acting as if shuffling numbers around does anything.

Edit: I believe the hope is that this will inflate the prices of shares, which can then be used as collateral to get loans for cheap from private banks. But then that money is unlikely to be used for real investment instead just speculation.

Russia

Very good to see. It means it associates with anti-woke with Nazism.

Why so much capitalization?