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internet_user

266 karma · joined June 18, 2018

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internet_user··on Dow plunges more than 950 points after China devalues its currency
Sure, their horizons are long-er term. Xi will be president for life, no term limits.
internet_user··on Dow plunges more than 950 points after China devalues its currency
There is a very healthy industry based around evading Chinese capital controls.
internet_user··on Dow plunges more than 950 points after China devalues its currency
The final prize in this war is who gets to write the rules of the world order, who gets to become/remain the hegemony. Economics/trade is just one battleground of many.

Soybeans are so inconsequential to this, in the larger picture of things. Sure, it sucks for farmers.

Would you rather have rich soybean farmers and a social credit score assigned to you personally for posting your opinions openly?

internet_user··on Dow plunges more than 950 points after China devalues its currency
Kyle Bass would disagree.
internet_user··on Dow plunges more than 950 points after China devalues its currency
Pretty certain that wholesale theft was not part of the "voluntary deal". Can you point to exact language in agreements that granted them absolute rights to any IP?

However, the western executives that signed those deals, have long made their massive bonuses, it's all been paid out and some of those execs probably even retired. What do they care?

Such a great way to raid the company you manage at the expense of shareholders/employees.

internet_user··on Dow plunges more than 950 points after China devalues its currency
It's not weird. They had to print many many CHFs to satisfy the demand for deposits in Switzerland.

They then exchanged them for the USD they now hold.

As for infrastructure/whatever, SNB then went on a massive shopping spree in equities, ~100 billion or so.

They must be the absolutely best managed central bank in the world.

internet_user··on Dow plunges more than 950 points after China devalues its currency
CHF is a rather unique country, with a unique situation and a very unique central bank.

Do you really think the SNB couldnt print a quadrillion franks tomorrow and drive it into the ground if they wanted to?

internet_user··on Dow plunges more than 950 points after China devalues its currency
I'm still amazed how they are not under sanctions for wholesale IP theft.

They must have thousands of key decision makers in the West in their pocket.

internet_user··on Dow plunges more than 950 points after China devalues its currency
Oh, they'll agree. They are even a member of the WTO, and even have laws on the books about IP.

They just won't enforce anything, unless it's to their own benefit, been that way for decades.

internet_user··on Dow plunges more than 950 points after China devalues its currency
great for consumers, devastating for the whatever hobbled manufacturing base left in the US.
internet_user··on Dow plunges more than 950 points after China devalues its currency
Exactly.

This means US consumers will now have 50% discount on all Chinese goods, or a 50% tax on exactly the same US goods.

Terrible for US manufacturing.

internet_user··on Dow plunges more than 950 points after China devalues its currency
It doesn't let anything float. It's a managed "float".

It's rather very simply to devalue your own currency - just run the printing press a bit more and flood the market with freshly "printed" zeroes.

internet_user··on Dow plunges more than 950 points after China devalues its currency
Wrong. Yuan has been devalued by close to 10% since this April.
internet_user··on Dow plunges more than 950 points after China devalues its currency
Dow crashed because China is more competitive with cheaper yuan, and they are unafraid to use one of their most potent trade weapons: currency manipulation.
internet_user··on Terminating Service for 8Chan
Are you going to cite anything about knife crime not being a problem in the UK?

How do you explain much lower homicide rates in different US states, many on par or better than "every other first wolrd country?

If you drill down deeper, by county level, or even more granular - the picture becomes much clearer still. You should research it, see what variables drive it, instead of arriving at conclusions without any data.

Why do such discrepancies exist, sometimes literally across the street?

The problem is much more complicated than "guns bad".

internet_user··on Terminating Service for 8Chan
Except they seem to be fanning the fire instead of supressing.

It's all about eyeballs.

internet_user··on Terminating Service for 8Chan
I assume the cause of such behavior is something that's known properly as "social defeat".
internet_user··on Terminating Service for 8Chan
overblown, as in, it is very hard to believe emotional injuries sustained over the internet are as bad as social defeat IRL.
internet_user··on Terminating Service for 8Chan
This wasn't run of the mill homicide.
internet_user··on Terminating Service for 8Chan
OK, so what is the "0.00001%" speech that justifies prison sentence ?

Ordering someone to shoot you? Aka "clear and imminent threat" ?

internet_user··on Terminating Service for 8Chan
How about you go and campaign to ban major news networks from reporting on successful drone strikes and bombing raids in Iraq/Syria /other such places.
internet_user··on Terminating Service for 8Chan
Give it a bit more time, and anyone with two brain cells will be able to experiment with anthrax in their garage.

What then?

internet_user··on Terminating Service for 8Chan
What makes such people seek out like-minded people, the "radicals"?

The roots are firmly in the meatspace.

The seed was planted well before he know what 8chan was.

internet_user··on Terminating Service for 8Chan
where is the data? you have something that proves causality of online communication and radicalization?

You make it sound it's almost like terrorism didn't exist before the internet.

internet_user··on Terminating Service for 8Chan
Has it occurred to you that radicalization actually happens offline, perhaps even in childhood, due to some kind of real life events, and nothing to do with internet at all?

All of this rooted in meatspace. The so called "social defeat".

How often do you see successful people that have a fullfilling life go on rampages?

internet_user··on Terminating Service for 8Chan
That's an unstable equilibrium.

Good luck thought policing thousands upon thousands of journalists, each of them has an incentive to defect and get more eye balls that competition, and make more money and name for themselves.

Never going to happen, until we have full blown censorship and you only read double-plus good happy time stories.

Is that what you really want?

internet_user··on Terminating Service for 8Chan
It's certainly not an unpopular opinion at all.
internet_user··on Terminating Service for 8Chan
Of course, the only bad speech is speech you personally dislike?
internet_user··on Terminating Service for 8Chan
Think about this event for 1 minute: He drove for -9- hours. NINE HOURS.

Do you think it would take less than 9 hours to pour some diesel fuel on fertilizer and flatten the entire WalMart?

People will just move on to other weapons: knives, bombs, etc.

Norway has very restrictive gun laws. Breivik managed to get enough fertilizer to make a bomb that was mostly a distraction, but still sent 8 people to grave and injured hundreds.

UK is having a knife problem: https://www.bbc.com/news/uk-42749089 https://www.bbc.com/news/uk-48186035

You are at 10x higher chance of death by vehicle.

The -only- reason it is seen as a tragedy because people feel those deaths were somehow avoidable.

internet_user··on Europe embraces rent controls, a policy that never works
Land markets are very unique. Location, Location, Location.

Unlike Fruit of the Loom underwear, you can't get 12-pack of NYC or Paris next day.

A land value tax is does not cause economic inefficiency, and it tends to reduce inequality.

https://www.economist.com/free-exchange/2015/04/01/why-henry...

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