Earlier quoted context omitted.
You're right. Trump isn't Hitler... Hitler's dead.
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I envy your willingness to debate here. It's a pretty hostile place for a position you're defending.
Danish pension fund divesting US Treasuries
551–560 of 857 posts
Re: Danish pension fund divesting US Treasuries
#552Earlier quoted context omitted.
Who cares about reputation? He's spent countless hours advocating for telcos and neutering the FCC without disclosing the significant income he earned or his work as a telco lobbyist, so why start now?
That's news to me. Citation needed, and as much as I detest Rayiner and what he stands for I think that if you make statements like that you should do it under your real account.
I've never worked as a lobbyist. I'll also point out that nobody who works for Google/Meta/etc. "discloses" that fact, even though those companies have a vested financial interest in commoditizing broadband as layer below their services: https://gwern.net/complement. Folks on HN have a strong financial industry in turning telecom infrastructure into “dumb pipes” so their employers can capture the quasi-monopoly profits at the next level up.
Also, the accusation I post on HN for self interest is hilarious. If that was true I’d pretend to be a liberal.
Re: Danish pension fund divesting US Treasuries
#553Earlier quoted context omitted.
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The Gestapo had the backing of the courts and the laws as well. Your argument is not as strong as you seem to think. Also -- it's fairly well documented at this point that ICE is often without a warrant, and is detaining and in some instances deporting US citizens. These aren't one offs, and looking at what's going on in MN makes that pretty clear.
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Re: Danish pension fund divesting US Treasuries
#554Earlier quoted context omitted.
> To that end, NATO lacks the capacity to meaningfully impact a conflict in the Pacific. The EU simply does not have the means to project power in that way This has been repeated elsewhere in this story. What's your thinking here? I assume you mean the non-US members of NATO, but you seem to have forgotten two G7 members if you're equating NATO - US with the EU. The remaining members include two nuclear-armed states,…
Yes, Britain and France have aircraft carriers but they are old, small and likely to be sunk by modern hyper-sonics. Europe's inability to project power is well documented though. Most of the 2025 literature is more related to overland mobility in Europe, since that is the piece Europe is currently working to fix, but the European militaries are not designed for global engagement. Most American documents on the topic…
> Yes, Britain and France have aircraft carriers but they are old, small and likely to be sunk by modern hyper-sonics
You clearly don't have any idea what you're talking about.
The UK's two aircraft carriers were commissioned in 2017 and 2019 and carry 60 and 48 aircraft respectively.
Re: Danish pension fund divesting US Treasuries
#555My local coin store was busier today than I've ever seen it (visit about once a quarter, for about a decade). Lots of people transacting silver — so much so that the buyback fees were about 50% more than usual — and yet people were primarily turning silver/USD into gold (myself included).
When you consider that historically our US fiat has been 65:1 (Au:Ag), it's scary to see the ratio back around the levels when Bretton Woods was implemented (50:1, 1930s-1960s). It's even scarier to see the rapid rate we are approaching to-when USD was gold-backed (22:1), considering that less than two years ago it was over 100:1 .
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What else is a fiat-based country supposed to do after creating all these unfunded pensions/liabilities ?— ¡¿..then to inflate away the guaranteed difference..?!
Re: Danish pension fund divesting US Treasuries
#556Earlier quoted context omitted.
Why? The US is only 5% of the world population. If others successfully disentangle themselves before the civil war begins they can take steps to isolate themselves. Yes it won't be as peaceful of a world but I don't see how it is certain to end up in a WWIII scenario.
Do you think the newly minted American Balkans are going to be peaceful and well governed? And won't, say, try to annex parts of canada, mexico, greenland, central american or island nations, etc? Do you think they will be lead by well reasoned and insightful peoples that won't escalate to a nuclear civil war and that no foreign power will try to intervene, take sides, or try to grab some real estate as well? You thi…
Who are you referring to? Citizens doing this? 70% of the country is fat (large portion of that is also dangerously obese)
If your scenario plays out they will also be broke so that military may not be able to be funded. I wouldnt say its impossible but a civil war would break the country such that a lot of the aspects that make you fearful also cease to exist.
Re: Danish pension fund divesting US Treasuries
#557Earlier quoted context omitted.
Haven't you done enough to wreck your reputation by now? For reference: https://news.ycombinator.com/item?id=46685072
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> Why do you always respond to substantive posts with feelings and personal attacks?
You get the audience that responds to you, mate. If what you want is reasoned debate, you need to apply positive feedback when people come to you with reasoned debate. You’re negatively conditioning the “reasoned debate” population with every ideological screed.
Then there’s the willingness to violate social norms (e.g., zero respect for foreign soldiers who died for your country) and insult or denigrate people on the basis of their culture/religion/status. That probably doesn’t help you find dispassionate debate partners.
Re: Danish pension fund divesting US Treasuries
#558Earlier quoted context omitted.
It's more of a Simpsons reference haha, sorry. https://www.youtube.com/watch?v=bfpPArfDTGw
The Simpsons have passed me by. The same with the Teletubbies. I know they exist but I don't feel compelled to go and watch any of it. Life's too short.
Life's too short to punch down on what others like, too; but here we are.
Take care.
Re: Danish pension fund divesting US Treasuries
#559Earlier quoted context omitted.
Look up something called "dedollarization," it's been talked about in academic circles for quite some time and now more mainstream institutions are discussing it more too.
Yes, in my undergrad government policy classes twenty years ago, we were talking about a "basket of currencies" that would replace the USD as the global reserve.
IMF has this, intra-countries, with their SDR ("Special Drawing Rights"). China was added in the 2010s, and USD has slowly been losing its percentage of the SDR's overall-makeup.
[•] https://wikipedia.org/wiki/Special_drawing_rights>
SDR's are a type of Keynes' "Bancor" concept, but only transactable between countries. Citizens may resort to the commoner's bancor, e.g. bitcoin (but also gold, silver &c).
Re: Danish pension fund divesting US Treasuries
#560Earlier quoted context omitted.
Its baffling that you think the collapse of the USD would have no negative ramifications on the rest of the world...
It will suck, and then it will get better.
Yes but you have a) no idea how bad the suck will be b) no idea how long the suck will last and c) what the "better" will look like.
I am not advocating that the status quo should go on, I am just saying that the repercussions will be vast and long lasting, likely resulting in a world war, and whatever follows after that(if anything).