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skooma512)
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News outlets can and do pick/choose what they report and how heavily they report it, and they're trying to turn up the RACISM dial right now, so people think there's some kind of crime epidemic People are aware of said slant in media, but rather than use this knowledge to apply critical thinking to the news their chosen sources give them, they just use it to entirely discount any news whatsoever that is reported by sources they don't like, regardless of whether it's caught live on video
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Feb 9, 2024 15:29
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| # ? May 25, 2024 19:19 |
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webcams for christ posted:edit: through 2022 Japanese capitalists were doing a fantastic job hoovering up that surplus value They are hoovering value on a sinking ship.
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Feb 9, 2024 15:31
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I wonder what Americans would give up for good universal healthcare, 20 days minimum paid vacation days and ~40 hour weeks like we have in fail ol' Germany with its bad numbers.
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Feb 9, 2024 15:32
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loquacius posted:I'm encountering this with news about Joe Biden's mush brain: people will just straight-up choose not to believe news that tells them something they don't want to hear. "Well, the only outlets I can find reporting this are aligned with the opposing major political faction, so I don't think it happened." He just has a stutter
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Feb 9, 2024 15:32
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ephex posted:I wonder what Americans would give up for good universal healthcare, 20 days minimum paid vacation days and ~40 hour weeks like we have in fail ol' Germany with its bad numbers. I used to work at a company with a large subsidiary in Belgium and the folks here actively made fun of "those lazy Euros" and their "months-long vacations". Americans love to suffer and are proud painpigs for their masters.
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Feb 9, 2024 15:34
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Someone's gonna get musical chaired out the rich person's club. Every cent that went into the working class that improved production that has been clawed back (and that includes probably even stuff that doesn't seem like it would, because an unhappy prole is an unproductive prole,and even cracking the whip and making them work ridiculous hours to claw that back means there's ever less slack to replace people in all businesses) removes excess capital above the added profit beyond the differences between population over time (already unsustainable not even considering Japan's rather lower immigration levels as reducing population reduces efficiency as people have to pick up the slack of the lost, leaving less for businesses), pushing debt per gdp ever higher and causing devaluation cutting of imports (reducing the ability to manufacture or buy food/electricity from places which can actually spare it, reducing production that can be traded for the former and so on). Japan seems like it's going to basically end up deeindustrialising in a way that means anyone who's wealth is denominated in yen to any degree is going to take a 50% or more haircut on all such wealth in terms of what it actually buys. Western capital has a lot of stuff investments in Japan that are gonna be bad if Japanese capitalists get done ripping it apart, so since they'd no longer be useful, look even more different than Russians, and couldn't even fight back if they wanted to due to their country being just as rotten, why wouldn't they get axed 90-99 (so 99.9 to 99.99, or even 99.999) to preserve the Westerners and small cadre of the ultra rich who help loot their vassals/the rich below them? If it's not people like landlords or whoever is most directly strangling the economy (or if the people looting them just immediately turn into a more consolidated copy) it may even just accelerate the looting and eventually leave less than a thousand rich in a hollowed out shell of a country, until it's possible for a coup to occur of some type. Any nation that goes like that in the West will set off others as their rich scramble to make themselves while and their peasantry have to pick up the slack, especially as some other nations may fall out the bottom as their rich get hung out to dry for having too rebellious a population. Some nations are already breaking out of western hegemony and likely to follow investment from China while the West fails to be able to discipline them. Who's next?
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Feb 9, 2024 15:35
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Japan has squeezed the lives of its citizens, it just doesn't come at a cost, and between the taxes privileges of its corporations and demographics there isn't much of a way out and South Korea isn't that far long behind it. I think the answer is eventually the US going to "leave them to their own devices" and South Korea and Japan will have to develop a "new relationship" with China because there simply isn't another option. Australia may lost a little longer but it is a country of 27 million with a unsustainable housing bubble.
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Feb 9, 2024 15:40
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Good news https://twitter.com/RedboxWire/status/1755950228740440409?t=d5GICwOhVaaDkOcXNwjYuw&s=19
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Feb 9, 2024 15:45
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Ardennes posted:Japan has squeezed the lives of its citizens, it just doesn't come at a cost, and between the taxes privileges of its corporations and demographics there isn't much of a way out and South Korea isn't that far long behind it. Honestly 'chinese business relations will grow larger' may be a rosier picture than what I was thinking of. To some extent since China seems interested in growing new trade partners long term it may end up revitalizing nations around it (so long as they give fair deals, which would increasingly end up excluding easy extraction as China becomes picker about what it wants unless its investment power increases without bound. Since China does not have infinite runway either this means that will eventually come to pass failing some new development,which is admittedly likely).
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Feb 9, 2024 15:50
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https://www.post-gazette.com/news/transportation/2024/02/09/shapiro-kelleman-pittsburgh-regional-transit/stories/202402080118 We are now at the point where we need to do studies to tell the government that government funding should go towards public transit quote:PRT observers, officials say additional state funds should be used to maintain system $40m is a loving joke, the transit authority here is staring down a $500m+ cost to replace end-of-life LRVs and we just built a $1.3b 8 mile freeway to nowhere in the sw part of the county.
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Feb 9, 2024 15:54
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thechosenone posted:Honestly 'chinese business relations will grow larger' may be a rosier picture than what I was thinking of. To some extent since China seems interested in growing new trade partners long term it may end up revitalizing nations around it (so long as they give fair deals, which would increasingly end up excluding easy extraction as China becomes picker about what it wants unless its investment power increases without bound. Since China does not have infinite runway either this means that will eventually come to pass failing some new development,which is admittedly likely). China doesn't want important economies in the region to collapse, they do plenty of business already, I do think it is going to be based on a major shift in power though. Both South Korea and Japan are just proportionally going to be much weaker, and neither one are going to be able to stand on their own especially when the worst of the demographics wave hits in the next 20 years. I wouldn't be surprised if Japan has to actively default and sustain itself on loans from the PRC just to keep on the lights on at a certain point (and that will come with some heavy concessions).
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Feb 9, 2024 16:01
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The entire interview is wild https://twitter.com/BenjaminNorton/status/1755960004899954989?t=hqFjHnzddM8C25lMzJ1wdw&s=19
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Feb 9, 2024 16:04
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Wonder what will happen first to maintain car ownership: People getting crammed together to increasingly mimic buses, safety standards that both kept workers alive long enough to make money and keep car repairs down enough to not defeat the purpose (and prevent competitors from entering the market. Imagining people just clunking together their own handmade cars because the amount torn off the top for profit at car companies reaches the point where it's competitive), or will they end up knife fighting McDonald's and other companies for additional prison labor (the acquisition of which leads to other business being gored as people are still dying of COVID on both sides of the cell door, meaning the effect of reducing the number of people who actually get paid to buy their products reduces more) or money printing (which if anything greases the wheels to more crisis as it prevents a correction). rather than musical chairs it's gonna be more like Old Faithful in Yellowstone if they started smashing more water into the caldera beneath it, with a small proportion of rich being blown out increasingly faster and faster each time with explosive force. thechosenone has issued a correction as of 16:09 on Feb 9, 2024 |
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Feb 9, 2024 16:05
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hell yeah, more banks
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Feb 9, 2024 16:20
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the american economy is just rich people moving money from one account to another over and over
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Feb 9, 2024 16:24
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loquacius posted:News outlets can and do pick/choose what they report and how heavily they report it, and they're trying to turn up the RACISM dial right now, so people think there's some kind of crime epidemic almost all news in the entire world goes through a software gate kept by the Associated Press called ENPS. 🌈⭐️
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Feb 9, 2024 16:57
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loquacius posted:the american economy is just rich people moving money from one account to another over and over that's all legit GDP baybeee
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Feb 9, 2024 17:37
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loquacius posted:the american economy is just rich people moving money from one account to another over and over https://twitter.com/MacroEdgeRes/status/1755978530469331220
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Feb 9, 2024 17:42
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lol https://www.wpxi.com/news/local/businesses-remain-frustrated-mon-incline-closure-continues/MC4PP4PPZZGZRA4JAU7PKOQUMQ/ quote:PITTSBURGH — It’s been more than a month since the Monongahela Incline closed for the latest round of repairs, and business owners remain frustrated by losses they directly attribute to the shutdown. We refuse to pay taxes towards public transit. Also if public transit goes down we're going to invoice the county for profits we were entitled to.
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Feb 9, 2024 17:49
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Pittsburgh Fentanyl Cloud posted:lol I demand this service be funded but I'll be damned if I agree to let my taxes be used to pay for it just like that Brexit guy and his eels cause and effect you fuckers
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Feb 9, 2024 17:51
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billing Toyota because I couldn't make it to work after my lovely car broke down
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Feb 9, 2024 17:55
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lol, lmao 1 weird trick to avoid recession have Germany and Japan simply considered rampant, unbounded asset inflation?
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Feb 9, 2024 18:10
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https://www.tomshardware.com/tech-i...rgy-consumptionquote:The U.S Energy Information Administration (EIA) is now requiring large-scale commercial cryptocurrency mining operations to report their power consumption. This initiative is part of a larger effort to regulate and penalize cryptocurrency mining due to the exorbitant amount of energy the industry consumes yearly. For now, the EIA is only collecting data, but this new data should give birth to new regulations that will penalize miners in the future. This comes as the company has released a study (first reported on by Inside Climate News) suggesting that cryptocurrency mining represents up to 2.3% of U.S. power demand.
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Feb 9, 2024 18:11
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webcams for christ posted:lol, lmao
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Feb 9, 2024 18:20
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loquacius posted:the american economy is just rich people moving money from one account to another over and over someone on sa once described the (canadian) housing market as Beavis and Butthead buying girl scout cookie back and forth from each other with one 5 dollar bill until they both get sick
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Feb 9, 2024 18:20
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tbf it's not really small businesses that need to step up and pay taxes, it's the megacorps
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Feb 9, 2024 18:23
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#winning
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Feb 9, 2024 18:24
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PostNouveau posted:As far as I can tell, there are two kinds of consultants: I've only ever really had experience with #2, and yeah it's a way to do a reorg and cut headcount while putting all the blame on somebody who exits the organization right after.
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Feb 9, 2024 18:25
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RealityWarCriminal posted:tbf it's not really small businesses that need to step up and pay taxes, it's the megacorps in just the past few weeks here we've had that guy saying he wants to sue the transit authority because people can't ride the incline to his store, and another business owner yell about suing the city for removing street parking that she thinks her customers are entitled to. I figure in a few years the only guaranteed right wrt public property will be the right to use it for profit.
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Feb 9, 2024 18:27
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I loving wish they'd cram 2.3% of US power demand into Folding@Home instead. Would have that poo poo on lock.
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Feb 9, 2024 18:28
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thechosenone posted:I loving wish they'd cram 2.3% of US power demand into Folding@Home instead. Would have that poo poo on lock. Sorry, crime and grift is a major contributor to the economy unlike scientific research.
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Feb 9, 2024 18:39
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loquacius posted:the american economy is just rich people moving money from one account to another over and over They should move it into my account
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Feb 9, 2024 18:40
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Pittsburgh Fentanyl Cloud posted:lol Past performance entitles you to future results. It's in the fine print.
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Feb 9, 2024 19:04
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Fake news. They're only counting mainland China companies listed on the Hong Kong stock market. Shenzhen Stock Exchange and Shanghai Stock Exchange together are worth $11 trillion.
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Feb 9, 2024 19:24
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The only reason I don't owe any taxes is because Freetaxusa carried over stock losses from last year. Stay losing to stay winning 
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Feb 9, 2024 19:27
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So sorry to heear about your stock portfolio dude
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Feb 9, 2024 19:54
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when you lose money gambling, the government gives you a tax break 
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Feb 9, 2024 20:16
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FistEnergy posted:I checked with D&D and they assured me that wages have kept up with inflation so if things seem expensive then it's your own fault Yeah I got yelled at in BFC when I said high interest rates have been bad for regular people actually and that COL has outpaced wages. My fault for even being there honestly.
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Feb 9, 2024 20:22
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ephex posted:I wonder what Americans would give up for good universal healthcare i would give up paying even more for health insurance lol
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Feb 9, 2024 20:22
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| # ? May 25, 2024 19:19 |
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HAIL eSATA-n posted:when you lose money gambling, the government gives you a tax break Backstopping rich people's gambling losses and facilitating war and genocide is the entire social contract at this point. H.P. Hovercraft posted:i would give up paying even more for health insurance lol I like how people whine about having to pay taxes for universal healthcare as if health insurance isn't a private tax.
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Feb 9, 2024 20:24
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