Hemingways_Shotgun

  • 33 Posts
  • 2.08K Comments
Joined 3 years ago
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Cake day: June 7th, 2023

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  • I use Linux exclusively at home. I keep my last three generations of smartphone’s working and up to-date by running one form of de-googled fork of android or another, mostly based out of Europe. I don’t use cloud storage, preferring to use Syncthing to keep certain folders synced between devices without uploading to a cloud server.

    I keep a gmail because I’ve simply had it for so long, that by the time I degoogled, most financial things were using it/have it. But I switched to a couple of others as my primary and am slowly getting things transitioned over.

    Both my Mastadon and my Lemmy are official .ca servers hosted in Canada (I think both from the same person/group) and they do an amazing job. So I’m not worried about losing access to that and any non-US instance that they federate with.

    Does that mean that there isn’t the possibility that my replacement services (mostly french and German) won’t enshittify eventually too? No. Of course not. But they’re open source, so it’s (to me) a higher ethical standard right out of the gate because if you really wanted to be shady, you wouldn’t allow thousands of people to peek into your source code, so these replacement services get the benefit of the doubt…for now.


  • 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.










  • 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.