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Something something money something something materialism
Something something money something something materialism
Hot boomer take ya got yourself there. Ya know, causing friction over the Internet is a form of protesting too?
I will say it is crazy how fast the parties have rotated policies
My dad used to listen to rush Limbaugh when I was a kid because for some reason he liked hating it so much. When Obama was president, the narrative was always anti Russia, pro defense like feds/CIA (“hard on crime”)
Then trump becomes president, and the party slowly shifts to pro Russian, and the liberal lefts that used to hate the feds/CIA are now more on the same page with those agencies
I can’t say much about this paper, but I like Sabine. She can be like judge Judy sometimes but I’d rather hear a hot take than a tepid one.
Friends of mine have complained how she’s strayed away from physics videos towards more general science. She can also be a little condescending towards string theorists’ research interests
Other people might get uncomfortable when it comes down to her videos on free will.
For this paper however, it seems Climate targets in recent years have been under estimating global warming and have to accelerate their models each year. She seems worried this opens up the possibility of 4-6C of warming.
From Google:
Examples of shadow banks or financial intermediaries not subject to regulation include hedge funds, private equity funds, mortgage lenders, and even large investment banks
Shadow banks aren’t illegal, just have loose regulations
Thanks! 42macro is by Darius Dale, he was interviewed by Adam Taggart and on wealthion
Look Im a socialist leaning centrist but anyone who critiques just capitalism doesn’t realize communists are authoritarian state capitalists. I agree there are serious economic flaws in our system, but saying capitalism explains everything just doesn’t make sense.
As bad as things are here, the cost of living and costs of energy grew much more outside of America. Additionally, look at China’s housing economic crash and demographic issues. Those are decisions made by State Capitalists, and their people are suffering from it.
Again, America has several reasons to fuck off, and I want some socialism, but for the sake of argument, saying “capitalism” doesn’t amount to much you can critique about America’s response to COVID versus any other country’s strategy
So, before I say “capitalism” like everyone else id like to argue many of the monetary/economic policy can be used by either authoritarian state capitalists or free capitalists alike.
https://42macro.com/education Edit: https://www.youtube.com/channel/UCjqe6xtZYTfvA4pHs0HgJsQ
This can be useful^ it’s a brief read. Also I love Adam Taggart, he’s a really good person to follow on YouTube for economics.
Things were getting bad for a while, and we kick the can down the road until an exponentially worse problem arrives, then repeat. Let’s look at COVID for now tho instead of going back decades
COVID happens, society has to adapt, and now there’s growth issues with the economy (growth domestic product or gross domestic income)
First, government gives a shit ton of stimulus checks to the consumer market. A market is a collection of buyers and sellers. The consumer market is a collection of buyers and sellers who spend their money on one thing and don’t retain that value. So most of the stimmy money went from consumers to corporations. To give you an idea, over the last 3 years we’ve seen 35% of inflation that is never going away, it will forever weigh on the consumer market (and that’s the market that needs to be well off for an economy to be anything more than the stock/financial market)
Second, Fed sees an incoming recession so they lower interest rates to make banking loans cheaper to encourage investment to increase growth again. This means people who are not suffering from the economy can easily afford another house since they’re basically not paying any interest on it, then rent it out to Airbnb or whatever.
All these things cause growth in the short term, while making inflation a much worse problem in the long term.
FED starts raising interest rates slowly over the last year or 2. Now they’re about to lower them again which is a sign we’re in for another recession, but let’s look at what raising interest rates did:
Banks operate on a very tight margin and raising interest rates hurts banks in the short term and takes a while for markets to react to (which is part of the reason why we saw so many bank closures like silicon valley bank)
But raising interest rates also makes it more expensive for people to afford mortgage payments.
H.O.P.E: housing , orders, profits, employment
When mortgage payments got more expensive housing got expensive. When housing gets expensive orders go down and/or credit card usage goes up (which is another separate problem / indicator). When orders go down profits go down, and when profits go down employment goes down.
It should be worth noting the one thing J Powell did right was creating slack in job openings to prevent a complete crash in the labor market, but that’s the last thing to crash in a recession so we’re still just kicking the can down the road.
That’s the best analysis I can do with respect to COVID, but some other interesting things:
The average boomer is 2 years into retirement. The labor force is going to continue shrinking for the next 7 years. It won’t be this bad in America, but in south east asian countries, there’s going to reach a point where there are more old people than young people, and when that happens there’s not enough people to care for the elderly and support the rest of the economy, so both tend to suffer. America will feel this pain as well, but our population “pyramid” is more of an hourglass, where south east asian is an upside down pyramid
Also, geopolitical tensions are likely going to get worse over the next few years. China manufactures everything consumers like that don’t have to do with defense, so things like smartphones are going to get much more expensive , and tech stocks are likely to suffer. Edit: not to mention food and gas prices increasing from Ukraine war (which isn’t in the Feds basket of goods for inflation which is HILARIOUSLY STUPID considering that’s their excuse for inflation)
Also, there’s tons of shadow banks with stealth liquidity where there’s no information how much money they have. So however bad inflation was the last few years and will continue to get with the Fed cutting rates, it can get MUCH worse once those banks start releasing their liquidity.
So, things are bad and they’re going to get worse before there’s a chance things get better. I really recommend listening to Adam Taggart and the people he interviews to help form your decision making
Sorry if I came off cunty tendentious, I work in defense fwiw I just have a lotta hot takes
Yeah but Israel is a colony, so they kind of are the occupiers
We’d have a real election race that’s for sure
Removed by mod
Dang got any links?
I don’t want them to leave the fediverse now if they’ve spurred up that much drama
The benefits of nuclear fusion could eventually power the world for everyone for free with no greenhouse gasses. Of course RnD is expensive, but that doesn’t mean it’s not worth it
My sister showed me a fun drinking game recently:
One person closes their eyes until the other person/people decide on a number 1-10.
After they all agree, the person opens their eyes then asks the group to rate an item from a category 1-10. Do this with 3 different categories. At the end, the person tries to guess which number was agreed on.
So, the group could agree on 7/10 and the guesser could ask “types of beers” and the group could say lagunitas, skulpin, etc …
Other good questions involve “people we both know”, “sexual experiences”…
So you don’t like the word choice, why not debate my argument besides nitpicking semantics?
What word would you choose?
I think hostility towards trespassers is kind of recognized across the world
Doesn’t justify murder of Jews across the world of course, that’s not ethical. But it is understandable why Zionists deserve some flak for occupying land they stole with the help of Western colonists
Unfortunately, none of the west’s support is really because we think it’s good to help Jewish people. At the end of WWII, virtually no middle eastern states were similar to our ideology, and most of the natural resources to power our war machines were located there. Additionally, it’s at the boundary of three other geopolitical centers of commands.
Israel is America’s ability to project power, that’s why we give them so much money
Holy crap, now that you mention it, im pretty sure I’ve felt something similar from shrooms