• ceenote@lemmy.world
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      5 days ago

      We need to fix the system that allowed him to become president. Both the electoral structure and the right-wing propaganda machine. And the useless opposition.

      • SPRUNT@lemmy.world
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        4 days ago

        That would be the education system, and Republicans have spent decades doing everything they can to destroy it.

        • primalmotion@lemmy.ml
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          5 days ago

          Living in the US for long enough, I know they will never fix anything proactively. They will patch and patch and patch, saving every possible cent, until shit collapses and it’s too late. Everything is like that here. They fix the symptoms, never the cause.

          • Auli@lemmy.ca
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            4 days ago

            They put their founding in a fairy tale story. And say can’t change the constitution even though it has been changed.

  • Sharlot@lemmy.world
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    3 days ago

    It’s a striking image, but it’s worth remembering how interconnected global finance really is—big moves tend to ripple, not flip a switch overnight.

  • shalafi@lemmy.world
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    4 days ago

    This would be like taking Musk’s money by making him sell his stocks. Once the market is flooded with paper, it becomes less and less valuable, very quickly. Musk doesn’t actually have hundreds of billions anymore than the UE has trillions in US treasuries.

    I know that’s ridiculously oversimplified, but someone has to buy those bonds, and the later you are to the selling table, the less you get.

    • C1pher@lemmy.world
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      4 days ago

      Finally, somebody with understanding of how bonds REALLY operate and their purpose. What is in all those memes, are just “wet dreams”, that are far from reality.

    • AGM@lemmy.ca
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      4 days ago

      Yep, the massive bond dump is just a meme. It’s financial MAD and would destroy the the finances of the countries selling off. Nobody wants it.

  • C1pher@lemmy.world
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    5 days ago

    If this worked, China would have done it already and Japan would have been using that as a leverage.

    • marcos@lemmy.world
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      5 days ago

      China is doing that already, and Japan has been using it as leverage for several years.

    • Dogiedog64@lemmy.world
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      4 days ago

      Bitcoin is not a real currency, and anyone suggesting it as a new standard should be mocked. It’s too clunky, too slow, and too prone to fraud and theft. The only real uses for Bitcoin are gambling, fraud, and buying drugs.