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Cake day: 2024年10月23日

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  • it becomes too big to fail because 80% of the workforce is tied up in it

    In 2008, banking sector and auto industry needed bailouts for the investor/financial class. Certainly, there was no need to layoff core banking employees, if government support was the last resort to keep the doors open AND gain controlling stake over future banking profitablity in a hopefully sustainable (low risk in addition to low climate/global destruction) fashion. The auto bailout did have harsher terms than the banking bailout, and recessions definitely harm the sector, but the bailouts were definitely focused on the executives/shareholders who have access to political friendships that result in gifts instead of truly needed lifelines, or wider redistribution of benefits from sustainable business.

    The point, is that workforce is a “talking point” with no actual relevance in bailouts/too big to fail. That entire stock market wealth is concentrated in the sector, and that we have to all give them the rest of our money (and militarist backed surveillance freedom) or “China will win” at the only sector we pretend to have a competitive chance in, is why our establishment needs another “too big to fail moment”. We’ve started QE ahead of the crash this time.

    Work force is relatively small in AI sector. Big construction, but relatively low operations employment. It displaces other hiring too.





    1. it is a propaganda based view that Ukraine/“the west” didn’t start the war, and the mere thought of loan is desperation to keep war going. You need to be extremely angry at demonic evil that ever caused you to believe the lies.
    2. the money will 100% never be repaid, because it is not even a “subjugate Ukraine in perpetuity”. It is literally, pretend Russia should repay it.
      3, The decision process is “let’s have an equal EU vote on how Belgium can best corrupt assets that are concentrated under its jurisdiction.” Even before the US tells its slave colonies how best to corrupt funds they hold, Belgium is the first to veto.



  • The question is whether government/people should get $60/barrel revenue before expenses, maybe $40/barrel after expenses, or $10/barrel but pump 5-10x as much, bribed to be loyal to US. Long term, obviously no corruption and high revenue/profit per barrel has its advantages. It’s not as though Exxon/Chevron can’t get access to Venezuela oil with fair deals, it’s that pretending corrupt puppets are the legitimate leaders provides extortion oil costs.

    When you understand the hoops the US government is willing to jump through to get cheap foreign oil, you should understand that similar policies are used to deprive Americans of their fair share of resource revenue.







  • https://lemmy.ca/post/56017413

    “If Democrats, my former party or current party, or however you want to look at it, ran someone who agreed with me, even in private, they would win. So, you know, maybe you should stop winning in the faculty lounge and start winning,” Karp said. “We’re apparently not supposed to say anymore, but we always said we’re cold in the streets and hot in the sheets. Democratic Party should think about that a lot.”

    This is a lie. Zionist Absolutists shifted to Trump because he explicitly supported absolutist genocide. Biden/Harris didn’t want to Kent State anti-genocide protests, but their absolutist devotion to Zionist rule over the US was definitely a DNC purpose. His continued BS about “progressiveness” is the German 1930s NDSAP anti-communist supremacist absolutism gaslighting.


  • I don’t believe this, because it is too stupid. 2026 demand forecasts for HBM I don’t believe will materialize, as customers can’t pay those crazy RAM prices either, OpenAI can’t pay for all of their promises, demand isn’t high enough for the planned data centers, and power and labour constraints.

    I don’t believe it because Micron is a brand that has value premium to it. Even if they just keep charging extortionist prices while HBM demand fantasy remains propagandized, there will eventually be worthwhile consumer demand for RAM, right? Killing the division and firing everyone in it, is Micron saying “making too much money from HBM must forever put all eggs in HBM basket”