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A ‘slight easing off’ of waste spending is a recipe for spiraling debt.Quote:
Originally Posted by byates1
This is what they’re arguing over:
Attachment 494061
Give the ‘small government’ party all the spending cuts they want and you still have a massive deficit.
Don't overlook the ammo, which was largely a transfer of public tax funds to private investors.Quote:
Originally Posted by J. Barron DeJong
https://www.youtube.com/watch?v=MQK3pL-Vpyk
Like I said, no serious person…Quote:
Originally Posted by stalefish3169
Attachment 494064Quote:
Originally Posted by J. Barron DeJong
Jong is the embodiment of the modern neoliberal democrat sheep. Thinks all is well in the world because dear leader and the NYT say so, and gay people can get married. Yet thinks it's ok, and necessary, that we spend ungodly amounts of money turning brown people into pink mist.
Lives in lilly white la la land too busy obsessing over 200k 80s land cruisers, happily paying 3$ for every eco artisanal grocery bag. Brown ppl steal his shit he just laughs it off and pays more for sensitivity training
It’s shocking that you both still have such a distorted view of who I am. We’ve been doing this a while now.
Were gonna need a chart
imagine being a dumb motherfucker in a van by the river looking at the UK and saying “gimme some of that cuz I got my magic bits”Quote:
Originally Posted by byates1
Hey everyone dunfree is back!
And yet saying Timbuktu is enough to be labeled a racist here.Quote:
Originally Posted by byates1
I get it though - it’s gotta be hard to make a circle out of your wagons when there’s only two of you.
Dude who’s in Groundhog Day and acts every day the sameQuote:
Originally Posted by byates1
Hey everyone dunfree is still here!
https://www.youtube.com/watch?v=Pm9OdZmGkSw
dunfree is Chris Perry. it all makes sense now.
More like, Hugh Conway.Quote:
Originally Posted by byates1
Imagine being as miserable as hugh dunfree. What a way to go through life.
The SEC with another strongarm maneuver today illustrating that crypto has no staying power and is clearly equivalent to tulips and beanie babies.
/thread
Sure maybe.Quote:
Originally Posted by byates1
And you are Chris Terry. That does make sense.
Bennys wife is bored
lol at thinking the SEC legitimately cares about consumers.Quote:
Originally Posted by stalefish3169
Buttcoin is still a scam.
mud send me your retirement I've got some brilliant investment ideas
Well, well, well. Looks like we got some BTC mining going on in Keyna with excess renewable energy. El Salvador, Bhutan, Keyna...all mining BTC. Tick tock, next block.
https://x.com/fgthiel/status/1794028215071076855
Yes, I’m sure Kenyans - who have per capita electricity use about 4.5% that of Americans - will benefit greatly from these miners using up some of their ‘excess’ electricity.Quote:
Originally Posted by stalefish3169
Is there an ‘excess’ of water to be used for Bitcoin mining in Kenya as well?
Maybe the geography TA can point us to where “Keyna” is on the map.Quote:
Originally Posted by stalefish3169
Attachment 494117
Wow! Imaging how much better it would be if instead of California storing excess electricity in batteries to be used later they just, uh… wasted it?
(It wouldn’t really be wasted though, right? Cause it would be evaporating off some of California’s ‘excess’ water supply.)
ProfG's column today
The dot-com bubble of the late 90s was predicated on a thesis that proved out: The internet was the most transformative technology of this millennium, poised to create unprecedented value. That did happen, and several of the companies that appeared wildly overvalued turned out to have been bargains.
The housing market bubble of the 2000s was a function of low interest rates, financialization, and other external factors, but under all that was a correct thesis: Land is finite, houses are essential, and we don’t have enough of them. Nearly two decades later, we still don’t.
Crypto was a bubble largely fueled by psychological nonsense — the Bored Apes should have been called Bored Tulips. But blockchain technology made a case for providing real benefit, and the resilience of Bitcoin indicates it likely will endure as a store of value.