• 2 Posts
  • 61 Comments
Joined 2 years ago
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Cake day: June 14th, 2023

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  • Are investors idiots?

    A lot of investment is driven entirely by HFT algorithms and AIs now. The brokers oversee the broad strategy, but the trading is just a dozen different multi-billionaire hedge funds chasing one another’s tails. Market buy-ups and sell-offs are triggered by a handful of headlines and aggregator engines, snowballing up or down based on computers responding to other computers.

    And because the market is increasingly liquid - as more mega-investors like Buffet cash out in pursuit of future buying opportunities - you’ll see sudden sharp inversions caused by the sheer amount of buying power that’s being pent up and released between announcements.

    He’s just going to change his mind again in three days

    Very difficult to price that as a risk variable. And in the meantime, there’s a ton of money to be made speculating on which way his wind will blow next.




  • This is how West Germany chose copper, when even the by then almost bankrupt (and ruled by even more senile backwards looking geezers) GDR was already starting to lay down fiber optic.

    In fairness, fiber optics were cheaper and easier to lay and worked better. So of course the socialists would adopt it first. They just wouldn’t monetize it properly such that they had the incentive to keep expanding it at an accelerated pace, until everyone in the country was paying $100/mo for $2/mo worth of internet.

    For a real expansionist system, you either need people who are as greedy as they are ruthless (capitalism) or as ideological as they are hyper-competitive (dengism).


  • Smaller cosmopolitian countries tend to have looser immigration laws to accommodate the period influx and exodus of their populations. One of the supposed virtues of the EU was to make trade and travel easier without requiring people to give up and reacquire citizenships every time they move across a border or change a job.

    But then a smattering of NATO states decided to start carpet bombing the Middle East, dominoes started falling, climate change took its tool, and now you’ve got mass migrations of millions fleeing the fallout. And Germans are freaking out over it, in no small part because the old Fash-Heads of the prior generations have found a way to gain political leverage by hitting the PANIC button over and over again.






  • You joke, but Russia is a better replacement for China than Ukraine.

    Our glorious Elven Nation would never stoop so low as to ally with the vile, savage Orks. We are perfect and beautiful and clean, noble in mind and spirit, and accomplished in the High Arts. They are cruel and stupid and traitorous, incapable of speaking the Enlightened Tongue or understanding the Noble Truths. I would sooner slice off my own wrist than extend a hand to the insidious, pig-like beasts of the Slavic Kingdom.

    The only path forward is one of undisputable supremacy. We must turn to the ancient weapons and unleash the hellfires on Ork and Chinese Fantasy Race alike.








  • people cannot see the errors of their ways and therefore cannot change

    Not when they are immersed in a roiling pot of fascist propaganda, no. You can’t see error when you are surrounded by media justifying your decisions. You can’t find the will to change when you’ve been told again and again that circumstances are beyond your control.

    Right now, German media is as bad as anything the MAGA Americans are churning out, with migrant hysteria and xenophobia hitting a fevered pitch. Combined with the energy crisis in Europe and the economic downturn globally, it’s a recipe for a new wave of Fascist dictatorship that Germans as rapidly buying into once again.