which would be a high bar
politics
Friday, June 27, 2025
no idea what the context of the current court cases are
I'm sure there's more nuance
but it seems like the decision is that federal judges cannot keep playing God
Replying to Spooky Phijkchu #spooky.131 Why has the New York mayor thing become national news?
Republicans are only upset about this specific brown liberal candidate because he said he wouldn’t visit Israel
Is trump being a dipshit for no reason again?
Its not hit my newfeed
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
Pay your tax jew
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
Replying to Spooky Phijkchu #spooky.131 pricing in they think Canada will fold
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
We were at sub 70 for a while
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
No change
KappaRosss
USDC core
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
skill issue, next time don't loan money to countries who cannot pay you back
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
we can rebrand them as sun dollars though
that's WAAAAYYYY cooler