Viewing profile — wesapien

I agree. It's a finance capitalism issue. The people who build data centers get free reign on the use energy, land, water and the atmosphere while everyone will bear the cost. Its …

If only other countries just gave away their sovereignty then we wouldn't have to preemptively take away their sovereignty because if we don't then they will do it to us. If we don…

One of the problems with the data center boom is its use of fresh water. How does geo-thermal plants use water and how much?

The cover story for tarrifs was re-Industrialization. The facts are that they are used more as another rent seeking maneuver, a street rat style protection racket or a means to coe…

It's an admission that the decades of preference falsification and praise of the emperors clothes is not worthy anymore. Carney hints that the same pressures that kept the dysfunct…

Most think that the cracks in the financial system started to appear after 2008 (global financial crisis) and become truly visible after the financial system was weaponized through…

Blackrock released a document you can download that outlines their 2026 outlook. A key point there was: "We go underweight long-term US Treasuries." A sign of bearishness on USD du…

I was there 2 years ago. I went inside one of the multi storey gaming places in Akihabara. The old school (90's and older) era games are a small section in one floor when there is …

Late Stage Capitalism. The real paper clip maximizers are the Silicon Valley and Wallstreet bros we met along the way.

If you got time, this is IMO a very good critique of the recent events by senior Americans: https://www.youtube.com/watch?v=594yN8rxIJo

Tarrifs can be useful in protecting your players in an new industry. In specific situations not using it like carpet bombing. Thomas Sowell who is 94 has some wisdom to share: http…

Read up on 1900s world history and what path dependency is. The dollar is the reserve currency because the USA won the title of world power near the end of the first of half of the…

Timur Kuran writes about this idea (preference falsification) in "Private Truths, Public Lies". He explains that its this idea that had kept the Soviet Union (this bad idea/system)…

Fake, no not at all. Look around your where live. Think about who, where, and how those things were made. Scam? From whose perspective? There is only one global reserve currency. F…

I think the outcomes achieved for domestic vs foreign is another interesting angle. The degradation of purchasing power of working and middle class is have been consistently gettin…

It's only one of the key levers of power of the USA. No biggie. You give people money represented by paper but mostly bits/bytes in exchange for other peoples materials and labor. …

The political class and plutocrats always wins regardless of the election outcome. The two party system guarantees they come out unscathed regardless of their jousting.

https://x.com/_PeterRyan/status/1907879785151475801 Protectionism is like child rearing. You're trying to protect the young (industry) so they survive to adulthood. The tarrifs are…

It's the elite wealth pump. Capital is a non-state entity but through corporations was granted person hood by states without a social contract. Trickle down economics was a complet…

The US has a very high standard of living as a whole. In order for it to compete with others, it must become "as poor" as others. You simply can't undermine your trading partners a…

Does that matter as much as citizens united?

God damn you nailed it. All the stupid wars for nothing. Rarely do I see anyone talk about these shenanigans as the mechanism to end the reserve status of the $ and the end for inf…

Peter Urchin says it is a plutocracy particular with the patch called Citizens United

Depends on the volume

Taking an isolated look into history is unhelpful and lacks wisdom. The events you mention will feel and sound raw due to how close it is to us. Looking at it this way, it only ser…