I don't get why they are trying so hard to keep this from the front page, they're doing everything they can to nerf it. It's all over the internet at this point.
Edit: Streisand effect this clownery, show them how the internet works.
It's interesting because if Trump falls for this, at it fuels an even bigger bubble than is already going and Fed can't lower interest rates, then it will destroy his part in the midterms. If he can't bring down costs and interest rates people are going to freak out, that's clear from the polls. Where most people in the country are at in the moment is a precarious one step away from ruin while watching prices going and interest rates stay. That's not Sam's reality but most people are struggling and if Sam hordes all the resources to him, people are going to revolt.
Either it is going to start generating astonishing levels of profit soon like they claim and they wouldn't need it or they are a money furnace and this is the only thing that will save this from collapse
hmm not sure i buy this but happy to be corrected. I'd argue that low interest rate for a substantial period post GFC has led to misallocation of capital to more finite assets such as housing which in turn has led to increase house prices and secondary effects of increased rent. Lowering interest rates further will only exarcebate that. And we can of course increase housing supply, build more houses etc. but that takes time and the short to medium term will continue to be awful
I know you think it's a joke, but look who is rising, Mamdani and Fuentes, outer bounds of the political possible just keep expanding. And they're just a gentle preview of what is to come. Either way at the end you'll either end up with literal Nazis or literal Bolsheviks.
"The Nazi in question here, podcaster Nick Fuentes, has described Adolf Hitler as “really fucking cool” and said “perfidious Jews” must “be given the death penalty” after “we take power.”"
Just look at the Mamdani state run grocery stores and you'll see that in there own way, each of these are huge steps outside the mainstream.
I'm familiar with them both. We can play the pull quotes game all week, it's fruitless. American politics have been like this for centuries and it's nothing new.
What you are falling victim to is transgressive politics. Both sides have policy that chafes with you, and instead of admitting that you're being ragebaited, you're insisting that it's my fault for not recognizing it as some unforseen political maelstrom of racist communism. The big ugly thing you're pointing at is simply called politics.
You don't seem to be very clear on US politics if you think there is nothing extraordinary about their rise on the political stage, a rise driven in large part by desperation from Gen Z.
The general process of devolution is independent of a topical phenomenon such as the AI bubble. It isn't even an instance of mass hysteria, but of hysteria among a very small and deliberately self-isolated elite
They aren't satisfied with the ridiculous percentage they're already consuming they want our public money too. Silicon Valley is evil. I genuinely hate them for what they are doing to our economy and how it is hurting normal Americans.
These guys are so evil. They have to take all our money, they aren't satisfied with the ridiculous percentage they're already consuming they want our public money too. Silicon Valley is evil. I genuinely hate them for what they are doing to our economy and how it is hurting normal Americans.