I would very much want to see the same for Canada. But Canada would have to first change it’s open border policy with the chuckle-fucks to the south. Don’t want to give those nut-jobs an easy round-about into the EU. MAGALAND --> CANADA --> EU

I can’t think of a single time that appeasement backfired!

Obviously /s

Probably around the same time that Adolph makes a comeback.

Is THAT what you’re having a hard-time grasping?!!

You do know that people put things for sale BEFORE the buying happens, right? It’s called THE MARKET.

If you’re selling a house, you put it ON THE MARKET and wait for someone to make you an offer.

Now let’s say you have a house on the market and you want 400,000 for it. But in your city, a lot of people are moving out and there are far more houses on the market than there are buyers. So you have to lower your asking price in order to entice a buyer to take yours instead of someone elses. You DEVALUE your house to make the sale; take less money than you originally wanted. Doing so devalues the other houses for sale since they have to do the same, and the entire market for “Houses in city X” drops.

If, alternatively, you’re the only house that’s for sale in your city and there are 10 families looking to buy it, your house’s value RISES. Rarity equals Value.

The same rule applies to stocks and BONDS. The US takes loans from other countries by selling them bonds. Those bond’s value is based on a few different criteria (stability of the country’s currency, etc…) But the important one here for your understanding is that the value is partially based on it’s rarity. If all of the US Treasury bonds get dumped into the market simultaeneously, they’re not rare anymore, and thus the value drops. If the value of the US Bond drops, it ripples through the economy.

It’s supply and demand. The more there is of a certain thing ON THE MARKET, the less valuable it becomes. That’s the rule for everything, from stocks and bonds and real estate, to beanie babies and pokemon cards.

Care to provide a contradictory source? Or are you just going to say that anything that doesn’t agree with you is “bullshit” without backing it up with actual economic sources?

Also, just to add another source that MAGA would find “legitimate”, this is from Fox Business.

China holds $761 billion in U.S. debt, making it the second-largest foreign holder after Japan. A mass sell-off could drive down the value of U.S. bonds and cause yields to spike, sharply increasing borrowing costs for the federal government. It could also weaken the U.S. dollar and send shock waves through global financial markets.

https://www.foxbusiness.com/politics/chinas-trade-war-weapons-rare-earth-ban-us-debt-dump-could-cripple-american-economy-defense

But hey…I’m going to wait for your sources beyond “trust me, bro”.

So, correct me if I’m wrong, but is anyone else thinking that the entire end-goal of this is to have the Venuzuela money handled directly by his administration so that he can keep his shit going when Congress finally (hopefully) cuts his purse strings?

The one thing that the government hasn’t been able to change is the fact that Congress controls the money, not him. Seems to me that Venuzuela Oil is his play at getting a private fund without them.

I’ll trust the economists on this one. Honestly should have just done this from the beginning rather than trying to explain things.

When foreign countries start selling off U.S. debt, the immediate impact is on bond prices. A surge in selling increases the supply of bonds on the market. Just like any other asset, when supply rises dramatically without a corresponding rise in demand, prices fall. And when bond prices fall, yields—another way of saying interest rates—go up.

source - https://www.investingdaily.com/137830/what-it-means-when-the-world-dumps-u-s-debt/

That’s not how markets work.

But you’re clearly a troll just being intentionally obtuse for shits and giggles. It’s on me for not having realised it earlier.

Have a good day.

Dumping their bonds into the market isn’t cancelling their debt. Its making all that debt available for OTHERS to buy. Supply goes up, value goes down.

In other words, if all of the US debt was out up for sale at the same time, is value of the US dollar would crater.

I don’t think you understand how inflation works…

Oh, believe me. I agree. But this is what they SHOULD be working towards improving LLMs for, NOT better ways to steal art.

What experrs? American experts?

They’re kind of forgetting the big elephant in the room that is the fact a lot of US foreign debt is owned by Japan and China, with the majority of the rest of it being held by countries that will be very very pissed off with this move.

If trump is stupid enough to pull the trigger, and those countries decide that a potential physical war is becoming inevitable, they’ll for sure dump all of that debt, all at once; killing the US economy and it’s ability to make war. War needs fuel. Despite Venzuela, Trump won’t have enough of it once his economy tanks.

This is what it’s supposed to be used for. Things like this are where LLMs are a benefit to society. The ability to “intelligently” process incredible amounts of information fast lends itself to things like this. Or helping Air Traffic controllers do their often hectic jobs, or sifting though the trillions of gigabytes of data that come in from space telescopes looking for anomalies, etc… etc… etc…

THAT would make me excited about AI. More…of…this…

But instead they use it make people even more lazy, and make corporations able to make billions more by firing real humans.

Every single member of this administration needs to be put in front of a firing squad.

I no longer care if it’s through the proper channels of justice or the people rightfully rising up.

Wake the fuck up, America.

After literally decades of sending manufacturing overseas, there is NO WAY Trumpistan pivots back to domestic production in time to prevent complete anarchy in its streets.

At this point, every single country should be embargoing the US. It’s well past that point that we cut them off from the world stage entirely economically.

They’d make for some mighty fine eatin’.

I see what you’re saying. But to me it’s very much a “You can’t swim in the sewer without getting covered in shit” morality-play.

The very act of providing a service that earns more than a billion dollars by necessity requires the cooperation of a number of different entities. As you described, Ticket Master, Publishers, Distributors, etc… So while they themselves might not be directly exploiting people, they have to interact and make use of partners that do if they want to play in that billionaire paddling pool.

To me, exploitation by association is still exploitation.

But that’s me. Everyone is welcome to their own opinion.

Cant we outlaw corporations and continue as we are? Sure would be nice.

I think the world would do better if all of us shrank a bit to be more mindful of a community economy.

If my neighbour down the street woodworks in his spare time and makes bespoke tables and chairs, I’ll do everything I can to go buy from him rather than a corporation (for example)

Growing up on an Acreage, it was more common for us to buy a half a side of beef or pork from the farmer next door than to go to the grocery store. Same for vegetables from farmer’s markets or similar community markets.

It’s less about criminalizing corporations and more about refusing to reward them for making their profits off the backs of poverty wages and government subsidies…

Let me put it this way.

It’s possible to become a millionaire through a combination of hardwork, brains, luck and timing.

It’s impossible to become a billionaire after that without exploiting others, whether that is workers, employees, investors…whoever.

In other words, it’s possible to be an honest millionaire, but not an honest billionaire.

So the amount of wealth a person is entitled to is the amount that they can earn with their own labour without exploiting others in order to do so.

So if you own a furniture store, and you pay your employees a living wage, give benefits, etc… and after that you’re successful enough to be a millionaire…great. You deserve it. If you’re an employer and you own a furniture store, and in order to become a millionaire you have to pay your workers minimum wage and rely on unfair labour practices to inflate your profits…you don’t deserve it.

I use the furniture store example because I worked for just such a guy. Family run business. Paid us all well enough. Gave us benefits. Made sure we were taken care of. Treated us like family. And he was financially very successful while managing to do so. Could he have made even MORE if he had taken it from wages and benefits…sure. But that wasn’t the type of person he was.

To me, THAT example is capitalism working as it should in it’s purest form. Corporatization is just a bastardization of the concept created by venture capitalists and shareholders.