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Philthy
Jan 28, 2003

Pillbug

financially racist posted:

what exactly would the repercussions of a default be

Trump saying we're not paying for anything, and it's everyone's fault for giving us money to begin with. Ha. Ha. Jokes on u.

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Agrajag
Jan 21, 2006

gat dang thats hot

Schnorkles posted:

my wife is obsessed with it

:yikes:

Sir Tonk
Apr 18, 2006
Young Orc
yah lots of people watch the bachelor, that's the problem

change my name
Aug 27, 2007

Legends die but anime is forever.

RIP The Lost Otakus.

"help I watched mister robot and then I voted for gary johnson"

Agrajag
Jan 21, 2006

gat dang thats hot

Epic High Five posted:

The Snapchat IPO ensures that the VC bubble will also tank the DOW lmao

How is that company worth, what was it, 30 billion? and already bleeding value?

i dont believe snapchat even has a real way to monetize whatever their platform is trying to be, much like twitter

overinflated valuations based on fantasy instead of the reality that they don't make any money

Sir Tonk
Apr 18, 2006
Young Orc
https://psmag.com/a-toast-story-df3b8e99d07f#.oddwhtxxy

quote:

All the guy was doing was slicing inch-thick pieces of bread, putting them in a toaster, and spreading stuff on them. But what made me stare — blinking to attention in the middle of a workday morning as I waited in line at an unfamiliar café — was the way he did it.

quote:

It was pretty good. It tasted just like toast, but better.

etalian
Mar 20, 2006

Sir Tonk posted:

yah lots of people watch the bachelor, that's the problem

The the study on TV habits was interesting, the Trumpen-proletariat is obsessed with reality TV shows

mormonpartyboat
Jan 14, 2015

by Reene

Agrajag posted:

i dont believe snapchat even has a real way to monetize whatever their platform is trying to be, much like twitter

overinflated valuations based on fantasy instead of the reality that they don't make any money

they'll find something insanely stupid like sponsored snapchat filters for upcoming movies or games

Epic High Five
Jun 5, 2004



Agrajag posted:

i dont believe snapchat even has a real way to monetize whatever their platform is trying to be, much like twitter

overinflated valuations based on fantasy instead of the reality that they don't make any money

I guess their argument is that whatever usage statistics they gather about the users is worth $30 billion, which I feel is dubious with how many hundreds of programs are tracking everything everybody does

FAUXTON
Jun 2, 2005

spero che tu stia bene

Fullhouse posted:

i asked a smarter person this in a diff thread and the tl;dr of their response was "complete economic meltdown"

should be fun!

You know all that poo poo Egon says about crossing the streams? Basically that type of poo poo.

Agrajag
Jan 21, 2006

gat dang thats hot

i really really wanted to try and skim the article but i couldnt get past whether or not those freckles are tattooed on

Grondoth
Feb 18, 2011

Fullhouse posted:

i asked a smarter person this in a diff thread and the tl;dr of their response was "complete economic meltdown"

should be fun!

The consequences would be so far reaching and devastating I legit don't know fully what would happen. Basically the entire world's economy rests on the back of the US 1: wanting people to buy its debt and 2: saying that we'll pay it back in full. If we change this, literally everything will start to explode.

Agrajag
Jan 21, 2006

gat dang thats hot

Epic High Five posted:

I guess their argument is that whatever usage statistics they gather about the users is worth $30 billion, which I feel is dubious with how many hundreds of programs are tracking everything everybody does

google is king of meta data. if anyone goes to snapchat for that kind of data then they are loving duuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuumb

i doubt anyone relies on any data snapchat promises to provide

the bitcoin of weed
Nov 1, 2014

Agrajag posted:

i dont believe snapchat even has a real way to monetize whatever their platform is trying to be, much like twitter

overinflated valuations based on fantasy instead of the reality that they don't make any money

"but we've got so many users!!!!"

etalian
Mar 20, 2006

Fullhouse posted:

"but we've got so many users!!!!"

people love live streaming tit videos!

Agrajag
Jan 21, 2006

gat dang thats hot

Grondoth posted:

The consequences would be so far reaching and devastating I legit don't know fully what would happen. Basically the entire world's economy rests on the back of the US 1: wanting people to buy its debt and 2: saying that we'll pay it back in full. If we change this, literally everything will start to explode.

the moment institutions believe the US is even going to think about defaulting poo poo will loving melt down like you wouldnt believe

proof of concept
Mar 6, 2005

by FactsAreUseless

Grondoth posted:

The consequences would be so far reaching and devastating I legit don't know fully what would happen. Basically the entire world's economy rests on the back of the US 1: wanting people to buy its debt and 2: saying that we'll pay it back in full. If we change this, literally everything will start to explode.

This. If the US defaults on its debt the entire economy of the planet will immediately poo poo out its guts and die

The Nastier Nate
May 22, 2005

All aboard the corona bus!

HONK! HONK!


Yams Fan

Tomi Lahren is terrible but there's a certain authentaicity about her terribleness. I give her credit for going on the daily show, she's got more balls than any republican congressman right now making up excuses not to host a town hall. This is opposed to Ann Coulter who is probably a normal person playing a character to sell books to rubes.

Epic High Five
Jun 5, 2004



Agrajag posted:

google is king of meta data. if anyone goes to snapchat for that kind of data then they are loving duuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuumb

i doubt anyone relies on any data snapchat promises to provide

then why are they worth $30 billion

shiksa
Nov 9, 2009

i went to one of these wrestling shows and it was... honestly? frickin boring. i wanna see ricky! i want to see his gold chains and respect for the ftw lifestyle

Epic High Five posted:

The Snapchat IPO ensures that the VC bubble will also tank the DOW lmao

How is that company worth, what was it, 30 billion? and already bleeding value?

snapchat is proof that no one learns a goddamn thing from history ever, even if its from like only 20 years ago.

i mean, at least pets.com sold something

Hillary 2024
Nov 13, 2016

by vyelkin

radical meme posted:

I hate to discuss Trump politics here but, the debt ceiling is reached on Wednesday, March 15; is there any plan to deal with it? It's surreal that we are 4 days away from default and Congress hasn't, to my knowledge, even discussed the issue. Is something magical supposed to happen in the next 4 days to resolve it?

https://www.youtube.com/watch?v=wdYPxFMhEkE

Agrajag
Jan 21, 2006

gat dang thats hot

etalian posted:

people love live streaming tit videos!

my man has someone told you about the porno version of twitch? i believe its MFC, ive never been to that site mind you. i've only heard about it from a friend of a friend and totally wouldnt ever ever look at stuff like that, and even if i did i would totally be embarrassed about it so thats why i dont watch that stuff.

change my name
Aug 27, 2007

Legends die but anime is forever.

RIP The Lost Otakus.

this is perhaps naive of me to say, in CSPAM, but I hope the global economy doesn't meltdown and I die

Agrajag
Jan 21, 2006

gat dang thats hot

proof of concept posted:

This. If the US defaults on its debt the entire economy of the planet will immediately poo poo out its guts and die

dude lets be real the meltdown will happen the moment the potus mentions defaulting

BONGHITZ
Jan 1, 1970


lol

Epic High Five
Jun 5, 2004



Of course there remains the possibility that the entire world of finance and banks decides to go full Ork and just groupthink a magically stable economic foundation where there no longer is one and continue operating as normal

change my name
Aug 27, 2007

Legends die but anime is forever.

RIP The Lost Otakus.

lol let's be real here, if dems even think about pulling that "shut down the government" poo poo then of course trump will start spouting off about defaulting

Spoondick
Jun 9, 2000

proof of concept posted:

This. If the US defaults on its debt the entire economy of the planet will immediately poo poo out its guts and die

since most of the worlds wealth is owned by like 400 people, good, gently caress em, what can we do to make this happen?

proof of concept
Mar 6, 2005

by FactsAreUseless

Agrajag posted:

dude lets be real the meltdown will happen the moment the potus mentions defaulting

It was one of his campaign promises. It's just so stupid that people won't believe it until it happens

Epic High Five
Jun 5, 2004



Spoondick posted:

since most of the worlds wealth is owned by like 400 people, good, gently caress em, what can we do to make this happen?

lmao if you think they'll be the ones to suffer from an economic holocaust

shiksa
Nov 9, 2009

i went to one of these wrestling shows and it was... honestly? frickin boring. i wanna see ricky! i want to see his gold chains and respect for the ftw lifestyle

change my name posted:

lol let's be real here, if dems even think about pulling that "shut down the government" poo poo then of course trump will start spouting off about defaulting

i dont think they have to, the current republican congress is so inexperienced at doing any sort of governing they might get it done on their own, with all three branches of the federal govt.

Agrajag
Jan 21, 2006

gat dang thats hot

proof of concept posted:

It was one of his campaign promises. It's just so stupid that people won't believe it until it happens

candidate is a world of difference from when the potus says it

etalian
Mar 20, 2006

Epic High Five posted:

lmao if you think they'll be the ones to suffer from an economic holocaust

Remember how banks got bailed out and were able to buy up the now half price homes out to rent?

Hot Dog Day #82
Jul 5, 2003

Soiled Meat

Spoondick posted:

since most of the worlds wealth is owned by like 400 people, good, gently caress em, what can we do to make this happen?

Did you vote for trump? If so you have done your civic duty, comrade

the bitcoin of weed
Nov 1, 2014

Spoondick posted:

since most of the worlds wealth is owned by like 400 people, good, gently caress em, what can we do to make this happen?

lol those 400 people will be perfectly fine and everyone else will be hosed inside out

mormonpartyboat
Jan 14, 2015

by Reene

etalian posted:

The the study on TV habits was interesting, the Trumpen-proletariat is obsessed with reality TV shows

reality tv shows, by their nature, stumble upon and play the same strings as russian "managed democracy" social manipulation by breaking down the borders between reality and fiction

they are, by contextual definition, shows that take part of their entertainment value from truth. they touch on the same parts of the brain that make you perk up when a movie opens with "based on a true story". they realize that we do not view and consume media with its truth or falsity inherently important, but rather that truth and falsity are merely aesthetics. the viewer likes being initiated in a Truth more than they care about that Truth being true, enjoys being involved and engaged more than they care about the value of that involvement and engagement

the russians fund different conflicting groups to replace others' intent with a burst of white noise, creating narrative ambiguity that either addicts (and converts) or disgusts (and renders irrelevant). curse of oak island cuts up stories and recuts facial expressions and so on to leave the viewer off balance, creating its own narrative ambiguity to addict viewers. there's a difference in intent, to be sure, which is why reality tv is focused on the addiction while surkovian politics only cares about the distraction, but that only means someone who understands reality tv on an elemental level is far more volatile

mormonpartyboat fucked around with this message at 02:20 on Mar 12, 2017

Epic High Five
Jun 5, 2004



Those 400 people have been building bunker complexes with private armies and decades worth of supplies

These emergency bunkers, combined with their other assets that would serve them in a meltdown like private islands and fleets of ships etc, that they will likely never use are more luxurious than you can possibly imagine and likely cost more than any two progressive reforms you can think of

mormonpartyboat
Jan 14, 2015

by Reene

Agrajag posted:

i really really wanted to try and skim the article but i couldnt get past whether or not those freckles are tattooed on



sullat
Jan 9, 2012

Epic High Five posted:

lmao if you think they'll be the ones to suffer from an economic holocaust

Yeah the ones hurt the worst will be institutional investors, like those suckers at Social Security or PERS.

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skaboomizzy
Nov 12, 2003

There is nothing I want to be. There is nothing I want to do.
I don't even have an image of what I want to be. I have nothing. All that exists is zero.

mormonpartyboat posted:

reality tv shows, by their nature, stumble upon and play the same strings as russian "managed democracy" social manipulation by breaking down the borders between reality and fiction

they are, by contextual definition, shows that take part of their entertainment value from truth. they touch on the same parts of the brain that make you perk up when a movie opens with "based on a true story". they realize that we do not view and consume media with its truth or falsity inherently important, but rather that truth and falsity are merely aesthetics. the viewer likes being initiated in a Truth, enjoys being involved and engaged.

the russians fund different conflicting groups to replace others' intent with a burst of white noise, creating narrative ambiguity that either addicts (and converts) or disgusts (and renders irrelevant). curse of oak island cuts up stories and recuts facial expressions and so on to leave the viewer off balance, creating its own narrative ambiguity to addict viewers. there's a difference in intent, to be sure, which is why reality tv is focused on the addiction while surkovian politics only cares about the distraction, but that only means someone who understands reality tv on an elemental level is far more volatile

Would you like to add a large soda for $1?

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