Watching a few people saying they support the #workers in the UK.
I saw exactly how quickly the left turned on the workers when the establishment called them some names. Fairweather friends.
"What? The workers fighting for their basic human rights are racist sexist misogynistic homophobic transphobic American Russian nazis? Well then you can count me out! The media has never lied about someone to please their masters!"
I saw exactly how quickly the left turned on the workers when the establishment called them some names. Fairweather friends.
"What? The workers fighting for their basic human rights are racist sexist misogynistic homophobic transphobic American Russian nazis? Well then you can count me out! The media has never lied about someone to please their masters!"
The key will be putting money away to get a serious down payment. If mortgages stay high (the historical average before 2008 destroyed all the data was 8%, so I'd plan to be able to pay a mortgage at 8%) every dollar you save now is several dollars you don't have to pay back.
Maybe talk to an accountant in your jurisdiction. There's often tricks you can use to get a lot further along, for example by using tax efficient mechanisms to store and grow your down payment.
Maybe talk to an accountant in your jurisdiction. There's often tricks you can use to get a lot further along, for example by using tax efficient mechanisms to store and grow your down payment.
People have no idea. My generation has lived through several recessions, but those recessions were all filled with helicopter money. It's cocaine -- Makes the pain go away but that doesn't mean its good for you.
I'm really hoping it's sorta messy so maybe the world economy can start worrying a bit more about actually doing real stuff again instead of just perpetually making numbers go up.
I'm really hoping it's sorta messy so maybe the world economy can start worrying a bit more about actually doing real stuff again instead of just perpetually making numbers go up.
fediblock, fedifence
Ignore them.
There's a dark place on the Fediverse filled with hateful people who wrap their hate up in nice terms, but don't be misled. These people would be the first ones lining up to guard the railcars heading to Auschwitz.
They're just looking for an excuse to knock down anyone who isn't exactly like they claim to want to be like.
The fediverse worth being on isn't a gated community with 8 meter barbed wire fences.
There's a dark place on the Fediverse filled with hateful people who wrap their hate up in nice terms, but don't be misled. These people would be the first ones lining up to guard the railcars heading to Auschwitz.
They're just looking for an excuse to knock down anyone who isn't exactly like they claim to want to be like.
The fediverse worth being on isn't a gated community with 8 meter barbed wire fences.
and e) doesn't necessarily mean there's anything wrong with it
But A-D are more important, you just need to keep E in mind to prevent accidentally falling into faulty logic
But A-D are more important, you just need to keep E in mind to prevent accidentally falling into faulty logic
Greatness comes from focusing on making yourself better every day instead of trying to change the world imo
"Turns out the correct religion appeared 7000 years ago and you slaughtered them all." oh shit
I just upgraded my Dell Latitude E5440 from Ubuntu jammy to kinetic, and the sound was totally dead. I tried a ton of things to fix it, but the command that finally fixed the problem was:
sudo touch /usr/share/pipewire/media-session.d/with-pulseaudio
systemctl --user restart pipewire-session-manager
sudo touch /usr/share/pipewire/media-session.d/with-pulseaudio
systemctl --user restart pipewire-session-manager
That's great, but my mortgage is paid from my bank account, not from the Internet as a decentralised environment, and those monsters cheered on while der fuhrer threatened to shut down all of ours.
Those guys are a fundamental existential threat to anyone who gets near them. Even my tolerance has an upper limit.
Those guys are a fundamental existential threat to anyone who gets near them. Even my tolerance has an upper limit.
Yes, you're right.
In other posts I've talked about how the dot com bubble was just the first of many massive debt bubbles caused by too much liquidity in the system. It crashed, so they added more liquidity to cause the housing bubble, it crashed, so they added more liquidity to cause the second tech bubble, it crashed so they started to add more liquidity and inflation finally hit their fake numbers (they changed inflation calculations starting in the 1980s and more later so they could inflate more without it being caught in the numbers)
So now they're stuck between a rock and a hard place -- If they look like they're not going to tackle this inflation then theres's going to be a currency crisis, but if they don't dump more liquidity into the system there's going to be a market crash and ultimately a recession that could turn into a depression.
It's not just war, it's the fact that making the market go up keeps the donor class happy and crushes the working classes. The rich don't care about the federal debt, they can just move their wealth elsewhere and they do.
In other posts I've talked about how the dot com bubble was just the first of many massive debt bubbles caused by too much liquidity in the system. It crashed, so they added more liquidity to cause the housing bubble, it crashed, so they added more liquidity to cause the second tech bubble, it crashed so they started to add more liquidity and inflation finally hit their fake numbers (they changed inflation calculations starting in the 1980s and more later so they could inflate more without it being caught in the numbers)
So now they're stuck between a rock and a hard place -- If they look like they're not going to tackle this inflation then theres's going to be a currency crisis, but if they don't dump more liquidity into the system there's going to be a market crash and ultimately a recession that could turn into a depression.
It's not just war, it's the fact that making the market go up keeps the donor class happy and crushes the working classes. The rich don't care about the federal debt, they can just move their wealth elsewhere and they do.
If these companies weren't active participants in authoritarianism then I'd agree with you.
Frankly, I don't want the CBC anywhere near me. Let's build a base on the moon and they can report the weather up there for the rest of their careers.
Frankly, I don't want the CBC anywhere near me. Let's build a base on the moon and they can report the weather up there for the rest of their careers.
I'm sure they've got sweetheart deals with platforms like facebook, instagram, youtube, they probably had a good deal with twitter...
If nothing changes, I expect rents to skyrocket in the near future.
Interest rates have increased massively. This has meant a collapse in house sales. The last time something like this happened, it drove a lot of people out of ownership entirely. Guess where people who don't own their homes go? They head into the rental market. Meanwhile, housing starts are way down. So there's going to be a growing population, fewer people able to buy, and more people renting.
It's basic economics, rents will go up.
There is precedent for this. After the 2008 housing crash, rents skyrocketed as well for the exact same reasons.
Interest rates have increased massively. This has meant a collapse in house sales. The last time something like this happened, it drove a lot of people out of ownership entirely. Guess where people who don't own their homes go? They head into the rental market. Meanwhile, housing starts are way down. So there's going to be a growing population, fewer people able to buy, and more people renting.
It's basic economics, rents will go up.
There is precedent for this. After the 2008 housing crash, rents skyrocketed as well for the exact same reasons.
It shouldn't. It should definitely stay on whatever lefty platforms it get special play on.
As I said initially: You're right, but you're incredibly wrong.
Debt service is similar to what it was in 2008 when the federal debt was a quarter of what it is today because of the central bank inducing record low interest rates. Those low interest rates caused massive debt bubbles that have priced an entire generation out of owning a home, massively increased household debt, created massive wealth inequality, and driven inflation to the highest levels in 40 years. The productive economy has been stagnant or shrinking for 20 years, while people get rich on get rich quick schemes and many others lose everything on scams.
Finally central banks are loosening up on the extreme measures because cost of living rising is becoming a problem, debt costs are rising for everyone. No problem for people who planned for debt costs to rise, but big problem for individuals who took out huge variable rate mortgages, big problem for companies that are holding massive amounts of debt because that's what kept their companies running for the past 20 years, and big problem for governments who suddenly have to pay 2008 debt service costs for 2022 levels of debt.
So a few things happen. First, rates rise so the amount of money getting sent to bond holders increases. This starts off with short-term debt, then spreads over time to longer term debt. Second, in order to get more debt governments around the world need to sell bonds, and it can happen and has happened that governments go out to sell some debt and they come back no-bid. This just happened to Japan, leading to some very extreme actions just to keep things from totally collapsing (which incidentally resulted in more treasuries on the market which isn't going to help the debt costs or the trip towards no-bid). What happens third depends on the decision makers. If decision-makers decide to get things back on track, then it means much higher taxes and much lower spending. This happened in Canada when they went no-bid in the late 1990s. Alternatively, they can bring in QE infinity, and just have the central bank buy up all the bonds to keep a market. This will prevent bond rates from going to the moon, but it'll cause a currency crisis. That's what happened in Japan recently due to their yield control strategy of QE. At this point, the Bank of Japan owns almost 70% of bonds, and the yen has been on the precipice of falling into oblivion for months. The BoJ has had to sell massive amounts of US Treasuries to buy back enough Yen to keep the value from becoming totally worthless, and they have lots of US treasuries but it's a limited amount. Once that happens, quality of life for any Japanese people not holding their assets in foreign denominations will collapse because the cost of everything will be going up while their savings, wages, and government income streams will all be staying the same. Same as we're getting a taste of over here.
This isn't like a home budget. You can't just wipe the slate and start over like you can in a consumer bankruptcy. 6 years and the credit bureau doesn't even care anymore. It's a nation, and excess debts have destroyed economies, destroyed countries, destroyed empires. It's left millions begging in the streets and caused civil revolutions that killed millions. Even if the shit doesn't hit the fan, the measures used to deal with these problems have massive consequences for innocent people on the ground, and they already have in countless examples around the world and at home.
Debt service is similar to what it was in 2008 when the federal debt was a quarter of what it is today because of the central bank inducing record low interest rates. Those low interest rates caused massive debt bubbles that have priced an entire generation out of owning a home, massively increased household debt, created massive wealth inequality, and driven inflation to the highest levels in 40 years. The productive economy has been stagnant or shrinking for 20 years, while people get rich on get rich quick schemes and many others lose everything on scams.
Finally central banks are loosening up on the extreme measures because cost of living rising is becoming a problem, debt costs are rising for everyone. No problem for people who planned for debt costs to rise, but big problem for individuals who took out huge variable rate mortgages, big problem for companies that are holding massive amounts of debt because that's what kept their companies running for the past 20 years, and big problem for governments who suddenly have to pay 2008 debt service costs for 2022 levels of debt.
So a few things happen. First, rates rise so the amount of money getting sent to bond holders increases. This starts off with short-term debt, then spreads over time to longer term debt. Second, in order to get more debt governments around the world need to sell bonds, and it can happen and has happened that governments go out to sell some debt and they come back no-bid. This just happened to Japan, leading to some very extreme actions just to keep things from totally collapsing (which incidentally resulted in more treasuries on the market which isn't going to help the debt costs or the trip towards no-bid). What happens third depends on the decision makers. If decision-makers decide to get things back on track, then it means much higher taxes and much lower spending. This happened in Canada when they went no-bid in the late 1990s. Alternatively, they can bring in QE infinity, and just have the central bank buy up all the bonds to keep a market. This will prevent bond rates from going to the moon, but it'll cause a currency crisis. That's what happened in Japan recently due to their yield control strategy of QE. At this point, the Bank of Japan owns almost 70% of bonds, and the yen has been on the precipice of falling into oblivion for months. The BoJ has had to sell massive amounts of US Treasuries to buy back enough Yen to keep the value from becoming totally worthless, and they have lots of US treasuries but it's a limited amount. Once that happens, quality of life for any Japanese people not holding their assets in foreign denominations will collapse because the cost of everything will be going up while their savings, wages, and government income streams will all be staying the same. Same as we're getting a taste of over here.
This isn't like a home budget. You can't just wipe the slate and start over like you can in a consumer bankruptcy. 6 years and the credit bureau doesn't even care anymore. It's a nation, and excess debts have destroyed economies, destroyed countries, destroyed empires. It's left millions begging in the streets and caused civil revolutions that killed millions. Even if the shit doesn't hit the fan, the measures used to deal with these problems have massive consequences for innocent people on the ground, and they already have in countless examples around the world and at home.
He's made the argument on his youtube channel, so if he isn't running the account it's being run at his behest to say what he wants to say.
He's a smart guy, but on this point he's an idiot. He's wrong and he's stupid and nobody should listen to him. The Internet is NOT your friend, don't give it your personal information.
He's a smart guy, but on this point he's an idiot. He's wrong and he's stupid and nobody should listen to him. The Internet is NOT your friend, don't give it your personal information.
I guess if you're disconnected from reality it doesn't have any basis in reality.
We're already experiencing a slice of that day of reckoning, and in fact the entire world is hurting from it. It hasn't even actually gotten bad yet.
We're already experiencing a slice of that day of reckoning, and in fact the entire world is hurting from it. It hasn't even actually gotten bad yet.