GreatSquare

joined 2 years ago
[–] GreatSquare@lemmygrad.ml 10 points 2 days ago

No you see the Trunp logic sequence is:

  • no bad news, only good. A friend of a friend said Iran are so compliant right now.
  • Trump team provides accurate reports in the form of short videos with just big explosions over and over
  • Congress should sign over $200B for no reason. It's just play money. Trump doesn't need it. What for? US is transportating thousands of troops to the region just to party. But give it anyway.
  • Iran are begging for a deal but Trump said "No thanks! Keep the Strait of Hormuz closed! It's so great for my inflation numbers and debt numbers and doesn't hurt me in the polls at all."
 

Speculation on why the prices of both gold and oil are not shooting up as high as traders predicted from the Silk and Steel podcast.

TLDR : This is Bessant's area. He's fighting a financial war. US treasury manipulation is suppressing both prices to defend the petrodollar. Demand will fall if countries need Yuan not USD to get that Hormuz oil. Iran is only allowing ships that trade in Yuan through.

[–] GreatSquare@lemmygrad.ml 13 points 6 days ago

Dimona is just nine kilometers from the Israeli nuclear reactor. Iran is no longer acting covertly. It’s loudly declaring: next time, we won’t miss our real target

Both sides are threatening to hit nuclear reactors... Hold me, I'm scared.

[–] GreatSquare@lemmygrad.ml 8 points 6 days ago

I don’t know what Sachs’ angle is

Globalism. "War hurts free trade and my economic models."

He's somewhat about preserving the status quo or at least gradual changes to it (guess he's still feeling bad for the shock therapy he caused). But history just keeps happening and throwing a spanner into the economic machine.

Mearsheimer is a war mongerer. Part of the cheer squad for US military action. He's always predicting where the flash points should happen. It's like a board game. He's keen on China as the next big target.

[–] GreatSquare@lemmygrad.ml 1 points 6 days ago

It's more about the volatility of day trading. Volumes of stocks are algorithmically set to buy or sell when a price point is hit.

When people are exitting the bond market and they are keen to buy an asset to hold some value against inflation, they look at stocks. The demand pushes the prices upwards. The Dow is only 30 "blue chip" stocks selected by committee. Its connection to oil markets is pretty convoluted.

Media often concoct a narrative for these price movements: "Trump quote moved the line! (Watch us for the most up-to-date Trump quote!)"

 

This got a chuckle out of me.

[–] GreatSquare@lemmygrad.ml 5 points 2 weeks ago (1 children)

Didn't even take much prompting by Kim dotcom! Basically he said something like "roast Elon no holds barred".

AI is demonstrating it's value.

[–] GreatSquare@lemmygrad.ml 12 points 3 weeks ago (3 children)

Kim dotcom asked grok to roast Elon and don't hold back. This was the result 🤭

[–] GreatSquare@lemmygrad.ml 9 points 3 weeks ago

"Two thngs can be true at once" = "Let me ignore one of those things that undermines the logic of my opinion"

[–] GreatSquare@lemmygrad.ml 12 points 1 month ago (3 children)

"But we have the best chips!" - Western media copium

[–] GreatSquare@lemmygrad.ml 20 points 1 month ago* (last edited 1 month ago)

China have a consistent policy. They recognize the state of Palestine and vote for its membership in the UN.

China want to mediate a peaceful resolution. To achieve that, they will not distance themselves from or sanction Israel. They can't be an effective mediator otherwise.

They only use trade sanctions in RETALIATION to attacks on China from other countries.

Sanctions aren't going to beat Israel. It's supported by the US with billions of dollars per year.

[–] GreatSquare@lemmygrad.ml 3 points 1 month ago

The capitalists own the means of production. That produces income beyond what they need. The surplus money allows them to buy more productive assets. These assets only need to be sold if the owner has a LACK of money (i.e. they hit a rough patch). Hence it continues to accumulate among fewer and fewer rich people who pass it to their next generation. They are in competition WITH EACH OTHER to accumulate assets.

So what compels them to work hard (not productively, but still hard) to ammass ever more money? Surely it’s easier to sit in a pool all day and collect tithes rather than strategizing about the new merger, the new apartment block to buy, the next politician to bribe ecc.

LOL. They don't work at all. They employ someone to do the work whether it is the strategizing or the bribing.

[–] GreatSquare@lemmygrad.ml 16 points 1 month ago (2 children)

"It didn't run them over!" capitalist coping

 

The New York Times does Anti-China Propaganda. Who woulda thunk?

 

Not sure why Coinbase would fix the UK economy but the ad is a good laugh.

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