Yes, this will eventually break our reserve currency status which would plunge the US into a fiscal nightmare situation. Our debt would finally matter and inflation would be seen like never before.

They are purposely plunging it imo because the tech bros who backed Trump have a ton of crypto and their value isn’t denominated in USD, it’s denominated in assets. They also don’t give a shit about a functioning US because they can flee and go anywhere. The USD failing will not impact their wealth, and, at least in the short term, it will give them more. This is a perfect scenario in which the world might shift to a “currency” they already have a massive stake in. It’s essentially the equivalent to bringing a company they own a huge stake in, public, except at a currency level. It’s extremely dangerous and the USD is kind of the main obstacle. Even if Bitcoin is never actually used as a currency (and it’s not which means its intrinsic value imo is even less than a single dollar) as long as the charade keeps up, they can capture a large amount of wealth that they can translate to real assets over time

If an oil-rich country breaks from the petrodollar and aligns with another currency, I think that would mark a very obvious end to US hegemony. Otherwise just a slow shift in what trade is denominated in

I genuinely don’t know if they will. Like yes the rhetoric is aimed at them and the man on the plastic chair is completely senile and probably does want them removed, but the actual people behind the wig have an incentive to keep them around. A two party system locks out proper representation and is a beautiful pressure valve that’s conveniently soaked in tradition. A one party system in America will fester a tremendous amount of anger and much more potential instability. It is a safer play to try to keep the charade going and they’re probably just letting him pretend the controllers plugged in for now since he doesn’t have much time left. I think he’s run a bit away with the plot, but I do think they’ll reign them in and regardless of who is leader, they’ll use the tools established to maintain surveillance and disappear undesirables who want workers to be paid at least half of what they’re worth

Yo can we stop pretending the Dems are dumb? They would literally prefer Trump over sanders, let alone someone who would actually run this country decently well

They aren’t flailing around, limbless birds. They aren’t the sheep that will be culled. Their donors are the fucking same, it just wasn’t their turn. Their instincts are perfect for the task they’ve been given

There is a regenerative farm to table restaurant near me. The owner used to work in the Obama admin first term. He left and started a farm, and I quote, not because the government worked poorly, but because it worked perfectly

To be fair, I think there are sentences and words that if we said directed at the chuds, would actually dismantle their entire movement. Words that they were told you’re not supposed to say that would also actually hurt them because it defined who they are behind closed doors and would also break the brains of their supporters because we’d be seen, to them, more “alpha” for saying it outright in public

If you got someone on public television say it directly to trump’s face it would go viral in both camps. Probably more likely a shitty dem gets the opportunity and does it before someone who deserves the attention and support

I’m so disappointed about starfield. I didn’t play it but I watched a bunch of streams on release (cohhcarnage lauding the game while spending 80% of it in the inventory and then backpedaling while kiting an early game enemy for, I shit you not, 90 seconds really solidified the garbage gameplay). The consensus and my personal perception was that it completely lacked any and all soul. For a Bethesda game that is a low point in their dev history. Coming off the back of a morrowind playthrough a year before that game released the contrast showed one of the greatest falls I’ve ever seen in gaming. The entire reason why Bethesda games are good, the core factor, is that soul and charm. Absolute masterclass in releasing a game that feels like an alcohol wipe. I don’t have any hope for their future releases unfortunately

That’s why you degrade and normalize slow and steady. The playbook is written and reused, the product just refuses to read it

Isn’t it amazing to know that Obama was farther to the right than Reagan?

What they did in the past does not reflect their current price. They have a P/E ratio of almost 250 with declining revenue. That is unheard of. It implies that from their current position they’d need to 6-8x their profits just to reach its current level of valuation and be comparable to their competitors valuations. This means that after 6-8xing their profits their stock price shouldn’t move and only then would they be comparable. If it does move up from here, it would necessitate even more growth

You are describing Tesla’s growth and justification for valuation maybe, 4-5 years ago.

Damn Linda got one helluva photoshoot

Okay but have you ever considered the very real possibility of the mass psychosis being experienced by the wealthy due to their copious and consistent drug use? Their perception is reality after all

Yes that’s exactly it. Business/investor confidence is the most important thing and crucial to capitalism’s survival because the flow of capital/money, being decentralized in a capitalistic society, is controlled solely by elites (the business/investor class). If they get spooked at all, not only will they crater the economy (since all jobs are dependent on them feeling perky enough to hire people, since they don’t actually give a shit about anything long term), but they also have the opportunity to flee with their money to foreign countries (because preventing capital flight is bad cause it’s not like that wealth was all made off the backs of people in their country you know? (Obviously ignore modern wealth extraction, but for most of history it’s domestic)). And they will flee if they really need to, even if their wealth is tied to equity, they can just slowly unwind their position/reposition their wealth external to the land they helped extract from

But on a more serious note almost all metrics the government handles, the number one priority is maintaining business confidence

Because dead eyes are really appealing to conservative men