*It is a move that does sort of play in our favor with helping prevent China from moving into the space that would be open if we did nothing. Argentina does have a wide variety of natural resources that would make investments into it not the worlds worst idea*
Stacker News
Why America just bailed out Argentina with a $20 billion lifeline \ stacker news ~econ
Not sure if this came up here on SN, but I find this move kinda weird and kinda goes against the whole saving-money thing Trump’s trying to push....
*We're all going to work until we die OR build something that works while we sleep* View quoted note →
*The economy isn’t in crisis. It’s just that we’re not at the center of it. It’s engineered to transfer wealth and power upward. The Cantillon Effect isn’t a side effect = it’s the engine of the system* View quoted note →
*From her favorite poem: “To live content with small means; To seek elegance rather than luxury, And refinement rather than fashion; To be worthy, not respectable, and wealthy, not rich.” Things Not to Do* View quoted note →
*When security becomes a religion, heresy will be defending your anonymity* View quoted note →
*Fear breeds obedience, and convenience dresses up surveillance* View quoted note →
*when people can’t be spied on, they can’t be easily stolen from* View quoted note →
*grateful for China as a forcing function for the US to get its shit together*
Stacker News
Developing nations rack up $3.9 bln in net debt payments to China a year \ stacker news ~econ
So, as per the Keynesian writers, the solution to excess Chinese debt is...more debt to China [18 comments]
*“ETFs don’t change anything”. They change who holds the coins, how liquidity is mediated, what is easy to regulate, and how volatility expresses.* View quoted note →
*Corruption is theft of the next generation’s future, not just its funds.*
Gen Z protests show older generations have failed them — The i Paper
A revolution driven by young people is sweeping the world, from Asia to South America and at both ends of the African continent