churchill

7 ms·

31.
by churchill 1y ago
No, it's not. The dollars are simply a proxy for transferring weapons/value for free. If you want a jobs program, create one to build affordable housing, infra., etc., not fight endless wars.
32.
by churchill 1y ago
No, your point doesn't stand at all. It's completely baseless. You took a detailed resource referencing America's departure from a gold standard and you're twisting it to support your pet immigration policy. Now, if you
33.
by churchill 1y ago
Reminds me of this comment I saw under a YT video on the topic, 4mo back: The national debt won’t matter until it does…and then it’ll matter more than anything else.
34.
by churchill 1y ago
>could More like WILL. It's the nature of all empires, first to grow, and then to shrink. But, the empire's mechanism of repression won't suddenly become humane and forget all its tools and tactics for torture, rape, extra
35.
by churchill 1y ago
Right from the start, any impartial observer could tell that it wasn't a sincere effort grounded in truth. First, the goal of the tariffs was to reduce US deficit spending. Then it was reducing debt. Isolating & containing China. D
36.
by churchill 1y ago
On the contrary, Amazon could have become profitable on demand. They were just investing heavily into physical infrastructure back-to-back and if they ever wanted to slow down or stop, they'd be default alive.
37.
by churchill 1y ago
I don't think that website implies what you're thinking. The only significant thing that happened in 1971 is that Nixon suspended the convertibility of the dollar into gold, giving the US leeway to run unlimited deficits, paying f
38.
by churchill 1y ago
I agree with you. We don't even have to imagine: the UK and US were planning preemptive nuclear strikes against the entire Soviet Union before they tested their first nuke. Operation Dropshot and Unthinkable called for hundreds of nuke
39.
by churchill 1y ago
If only there was a way we could have avoided this. Being the world's largest economy, you can slap your trading partners around. But, don't expect them not to retaliate, especially if you have a reputation of being abusive to the
40.
by churchill 1y ago
On the surface, the circular financing seems worrying but once you dig into it, it seems quite benign, tbh. NVIDIA is handing out GPUs into OpenAI, in return for stock/future revenue, whichever way you want to slice it. OpenAI has wonk
41.
by churchill 1y ago
1. Congrats! 2. This model where you sell 0.1% of a company for $10M and immediately value your stock/holdings at $6.9 quadrillion is a bit amusing. It's not liquid, and tends to result in swings like SBF going from $28b to $100k
42.
by churchill 1y ago
America's uncompetitiveness in certain industries isn't because of strong environmental and labor regulations. It's scale. That's why, despite working 996, Chinese software technology companies are still in (admittedly)
43.
by churchill 1y ago
Some of them actually do that. Like when the US expelled Qian Xuesen, the founder of the Jet Propulsion Lab and he went back and built China's ballistic missile and space program. So, yep. It's happened and will continue to happen
44.
by churchill 1y ago
Sorry to break it to you, but the average American is quite...let's say, average. That's why they're average, lol. Likewise, the average Chinese. That's why their school system filters out tens of millions of schoolkids
45.
by churchill 1y ago
You didn't debunk any claim I made in my comment. All the historical episodes I referred to were deluded people coming up with nice-sounding theories on why they deserved to take other people's stuff or force their compliance by f
46.
by churchill 1y ago
I was told we'd be America First. Is Israel an American state?
47.
by churchill 1y ago
>There are precisely zero foreign policy issues that have survived this long on the back of vibes alone. Christian Zionist support for Israel is 100% based off vibes. Hitler's plan to invade Russia & exterminate its people for l
48.
by churchill 1y ago
>Where are you getting this notion that tech exports are a major source of FX for Israel? Or that Israel would stop being a tech centre if America turned its back on it? (And again, major emerging gas exporter.) From their own economic p
49.
by churchill 1y ago
They're opportunistically buying/selling what they want. None of these are an ideological commitment to Israel's status quo. If the wind direction changes, they'll change with it.
50.
by churchill 1y ago
>I’m one of the folks whose opinion of Israel has shifted. I don’t see them as a “genocidal terrorist state.” I see them as “just another middle eastern country.” Okay. Opinions are on a spectrum. just like you, hundreds of millions of p
51.
by churchill 1y ago
>You really think the French, Swedes, Russians or Chinese won't sell them planes? They're seeking to be a regional power. They don't need F-35s. (Though they're certainly handy.) The fact we're even having this c
52.
by churchill 1y ago
>Israeli weapons are absolutely not fungible, particularly not for non-Western buyers. My claim was specifically with China in mind. Pretty much everything the Americans will let Israel sell to non-Western partners can be gotten from Chi
53.
by churchill 1y ago
>My point is this isn't a realistic threat for Israel. Its exports are highly desirable to too many parties. Technology. Weapons. Energy. Everything Israel makes is fungible. The middle east is a river of gas. Israel's defense
54.
by churchill 1y ago
You may not realize it but Israel is slowly becoming Rhodesia/Apartheid South Africa. And i don't mean the word 'apartheid' as a cudgel. During the Rhodesian Bush War, their forces ran circles around the ZIPRA and ZANLA
55.
by churchill 1y ago
[flagged]
56.
by churchill 1y ago
For those out of the loop the actions of the Israeli gov. are not some fringe overreaction. This is what the people want. by their own admission, 48% of Israeli Jews want Palestinians to be ethnically cleansed which would constitute a genoc
57.
by churchill 1y ago
How are you going to enforce that? I mean this sincerely, from the bottom of my heart. Ban SWIFT transactions to India? They'll just start hiring in Eastern Europe, the Philippines, etc. Not to mention explosive lawsuits that'll u
58.
by churchill 1y ago
Yes, I know it's happening right now, but there are evangelical boomer types that i expect to carry their Zionism to the grave. Fun fact: Pew research recently published a chart/matrix [0] showing how different religious groups in
59.
by churchill 1y ago
Don't worry; the recent TikTok acquisition will take care of that. As an aside, it's funny/interesting how the Gaza War has completely consumed the political capital Israel spent decades accumulating in the West. A significan
60.
by churchill 1y ago
>ebitda Beautiful turnaround if those figures are reliable, but like Munger calls them, EBITDA tends to bullshit metrics derived by cobbling up bullshit to hide that a company is losing cash. Just like Figma booking $700M in 2023 profits

More ›