CleverOleg

joined 2 years ago
[–] [email protected] 13 points 5 months ago (1 children)

For some perspective, I’m kind of doing the reverse of this. I have a retirement account from a prior job with some money in it. I’ve plowed every dollar in there into Chinese SOEs (Americans actually can buy stocks in a few SOE via ADRs) and some other Chinese index funds. My thought is I can’t lose. If the state decides to appropriate my investments, that means President Xi has pushed the communism button and I am more that happy to offer my humble IRA for the greater good. If he doesn’t push the button then those stocks will surely go up just from this being the Chinese century and all.

If you buy a house in the US and the price drops massively, that probably means the US empire is collapsing which is a win for everyone. If not then you’ll make some money off us. Win-win.

(This is joke advice, just from an investment standpoint I don’t think buying a house in the US is a good idea right now).

[–] [email protected] 27 points 5 months ago* (last edited 5 months ago) (2 children)

I feel like this is true for so many countries and people around the world. What the fuck do you actually like about America? Honestly the US should be viewed by everyone the way everyone (outside of the US and W. Europe) views Israel. You all should despise us. I mean I like to travel but I would actually be encouraged if I got some hate for being American when I do.

I get a lot of it is about American media but g-d other than The Joy of Painting 99% of what we make is shit.

[–] [email protected] 27 points 5 months ago* (last edited 5 months ago) (1 children)

I don’t think it will work. The characteristics of BLM made it easier to co-opt. If you’re a cynical Dem you can pretend that “black lives matter” while ignoring calls to defund the policy.

Palestine stands in too stark of a contrast to where the Democratic Party is to be able to co-opt. Remember, if you are a Dem politician even suggesting Palestinians have a right to live or that Israel has been “too tough” gets you on AIPAC’s shit list. So you can’t appear to be supportive on that end. On the other end, people at pro-Palestine protests almost universally despise Dems. You typical Dem will run away in tears when they hear chants about Genocide Joe or implying that the Democrat Party is at all similar to the GOP in regards to Palestine. And with what’s going on in DC today, I think they care more about trying to drown out the noise from the Palestine protests than they are trying to co-opt it.

Dems want Palestine to go away, they know they can’t do-opt it.

[–] [email protected] 40 points 5 months ago (1 children)

Reshoring will never happen outside of the rest of the world imposing a Cuba-style blockade on the US (inshallah). Offshoring and de-industrialization was the only way the US was able to push off the spectre of the declining rate of profit and the corresponding class consciousness that comes with it.

The only way this made sense to me was as a way to push through a tax cut bill through reconciliation that would essentially relieve the wealthy and corporations of paying any taxes at all. A massive and permanent transfer of wealth (because of course the dems would never repeal it). Trump’s GAO would massively inflate the expected revenues from tariffs in order to 1-for-1 cut taxes on the rich. But the I saw Scott Bessent say that tariffs aren’t factored into reconciliation so assuming he was telling the true (big if) then who knows…

[–] [email protected] 27 points 5 months ago

Comrade xiaohongshu has frequently stated that China and the BRICS had their shot at dedollarization in 2022 but the opportunity passed, and wouldn’t come back again until, well, something like this happened.

Personally I think BRICS and China in particular aren’t ready to do what it takes to really dedollarize. IMO nearly every country sees Trump’s bullshit as temporary and will be reversed in short order.

[–] [email protected] 26 points 5 months ago

They are saying China keeps their currency low relative to the USD to make exports to the US cheaper. Ignores that if true, it just means Americans get stuff cheaper. Trump thinks that’s what holding the US back from making more stuff here but that’s so far down the list of why the US doesn’t make stuff anymore.

[–] [email protected] 25 points 5 months ago (1 children)

If Mexico not being on that list at all isn’t an oversight, then Sheinbaum really has Trump wrapped around her finger, huh?

[–] [email protected] 24 points 5 months ago

Thank you for providing these.

[–] [email protected] 21 points 5 months ago (1 children)

Given how difficult it would be to hit Diego Garcia, do you think it’s possible / probable the Iranian game plan is to pummel Israel and/or the Saudi oil fields as their retaliation instead?

[–] [email protected] 10 points 5 months ago

jfc they can't just leave the obvious message that would ensure no one vandalizes their shitbox: "Fuck Elon Musk, I bought this before I knew he was a Nazi P.O.S.". But no, they can't even bring themselves to denigrate their hero.

[–] [email protected] 7 points 5 months ago

The way the question is worded, I assume they are asking researchers of any nationality working in the US if they are looking elsewhere. Since a large number of researchers in pretty much every field have citizenship or some legal status elsewhere, then presumably it's not as difficult to move back.

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