• 13 Posts
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Joined 3 years ago
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Cake day: June 14th, 2023

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  • Not suggesting this will actually happen, but if the current trend continues at the same rate

    It never does. Markets move periodically - early slow change, mid-point rapid change, tail slow change - for the most part. Nevermind that a 62% sell-off raises the question of “Who is selling?” versus “Who is buying?” Dollars are still far too cheap for a plunge that steep.

    A short period of time before the Iran war started, I pulled all my money out of the market and am 100% in CDs now.

    CD rates are shit right now, thanks to low interest rates.

    You’d be better off in utilities or REITs. US energy companies have done very well in the wake of the Hormuz straight closure. I dropped a bunch into United Healthcare recently, thanks to their bargain basement price. Doubt it’ll pay off soon. But I see a healthy upside long term.




  • The Iranian government is a bunch of evil assholes, just like the Israeli and US governments.

    The need to paint everything in broad brush “Good v Evil” is what legitimizes these wars to begin with. The idea that you’re doing anyone a favor by bombing them should be ridiculous on its face. But we consistently build up this narrative of the Just War, we declare everyone we don’t like is Hitler, and then we throw more and more of the planet into the “Hitler” bucket when they aren’t along for the ride once the bombs land.

    It’s just that they have been attacked by equally evil cunts.

    When you kill off all the nice guys, what you’re left with are the assholes. The Iranian government is the end result of this multi-generational culling process. The American and Israeli governments are, too.






  • There’s a hierarchy to this sort of thing.

    Case in point: We’re All In The Epstein Files, a podcast episode by the worst people you know who only have jobs because they’re brown nosers and yes-men.

    There’s an entire courtier class that get paid handsomely to defend billionaires. And then they stand up these big media institutions that hire even more people. Bari Weiss, another classic example of a come-from-nothing lick spittle who never saw a boot shiny enough that it couldn’t be improved by her tongue. Now she’s pulling down nine figures in payout, so she can lay off half the CBS workforce at the command of her failson boss, David Ellison.

    Sucking up to these people is its own reward. Whether you’re one of the last few non-indie journalists or managers who still has a job in publishing or an insufferable bowtie campus conservative who coasts through the Ivy League by screaming “Failing me is antisemitic!” at any professor to the left of Ted Cruz, there’s a dividend paid out to the loudest and most annoying hacks. From Riley Gaines to Charlie Kirk, you will be rewarded for your piety.

    Meanwhile, disobedience to the billionaire class carries its own perils. Maybe you’re someone at Gawker who lost their job to a Peter Thiel financed lawsuit. Maybe you’re a Palestinian journalist who got a sniper round through the earhole, because you were taking too many pictures of a double-tapped ambulance in Gaza or the West Bank or Lebanon. Maybe you’re a student activist on a visa who just got picked up by ICE. Maybe you’re a union organizer on a dozen different blacklists. Maybe you’re just some senior citizen Black Panther, who has been cooling heels in prison for bogus drug or gun charges since the Reagan Era.

    Eric Adams has a real incentive to sell-out. Leqaa Kordia has a real incentive to stay quiet.