politics

in more interesting news, some of Trump's birthrite citizenship changes are being upheld by the SCOTUS

I feel that to actually correct birthright citizenship to what it was intended to be, you would have to clarify the language of the 14th amendment

which would be a high bar

no idea what the context of the current court cases are

I have no idea what the SCOTUS stuff is either because all I have seen is a screenshot of a headline

I'm sure there's more nuance

but it seems like the decision is that federal judges cannot keep playing God

Republicans are only upset about this specific brown liberal candidate because he said he wouldn’t visit Israel

I've mostly been seeing the socialism and horrible economic takes actually

He said they were going to raise minimum wage to 30 and have government owned stores

(lol)

Omg in New York? No!!!

I mean, i'm just saying its not always all about israel...

Fucking brutal

“You’re too stupid to respond to” basically

canadian trade war resurges

Is trump being a dipshit for no reason again?

Its not hit my newfeed

its retaliatory

I mean, based if its true

countries being petty to the US is funny and deserved

Apparently this was not something that is in response to trump, they was already something first proposed in 2019 but delayed a couple years, and it is set to collect the tax this year for the first time

And is not just against the US, its all companies

Ok but fuck you snow Mexicans

Pay your tax jew

Hey leave that poor defenseless israeli alone

I like that the market has reverse reactions to tariffs now

went WAY up after the Canada news

pricing in they think Canada will fold

The government owned grocery stores are interesting and probably not gonna work, but I think what people are most excited about with Zohran (or at least those that I've seen talk about him) is that he's 33 years old and hopefully there's a gonna be a push for younger politicians. A lot of my friends are less interested in what he's gonna do and more hopeful on what could happen in the future

I saw the canadian dollar fell but not anything else

Its already back up

but yeah it fell 1 cent

Actually what the fuck

we are way up

when did we get back up to 73 cents on the US dollar

looks like it went up a week ago

I don't think you've been below 70 in a long time

unless there was a very short dip

Shows how little I pay attention to the value compared to the US dollar lmao

I just assumed we were still at .69

That was about 3-6 months ago

ok yeah, I looked it up, it hit .69 a couple times this year, but tends to stick in the mid 70s

We are roughly where we were a year ago, there was a big dip and then a rise again

I feel like everyone is still waiting for a global recession to start

it's kind of weird

Dude, the US is the most stable country in the world

No change

USDC core

the petro dollar

I wonder what dumb thing will be the trigger for a recession

Surplus of cheese found in a forgotten cheese vault, triggers a mass cheese selloff because its worthless

the cascading effect is unprecedented

China lists itself on the US stock market

an old school rugpull

The US sells itself to itself, claims that because new ownership all previous debts are eliminated

I mean, that'll happen eventually

in order to afford buying itself, it prints 500 trillion dollars

the idea of sovereign debts is retarded

they never get repaid, they are either forgiven or reduced

or the country ceases to exist, and the debt goes away

America is one of the only (real) debt-bearing countries to not have collapsed

wait, I actually don't know this

is the US debt, despite being the #1 in the world by a huge margin

is it actually net positive

because all the rest of the world owes us more (unpayable) debt on top of our own sovereign debt

this is why sovereign debt makes no sense, yes

skill issue, next time don't loan money to countries who cannot pay you back

we will simply not pay anyone else back either then!

ok yeah it is

Every country should lend eachother equal amounts of money such that the interest on the debt cancels out

world owes us $36T, we owe (mostly ourselves) an additional $28T

and then we owe $9T to other countries

can we just collectively decide to fire all our debt into the Sun

Yeah but then no one will trade in usd again