EnsignRedshirt [he/him]

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Joined 5 years ago
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Cake day: July 26th, 2020

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  • This isn’t about supporting or opposing anything, I’m stating the current conditions. US foreign policy is the same now as it was before Trump’s inauguration. The difference is that Trump is bad at his job, and that’s good for opponents of US imperialism. I’m confident that a Harris administration would be much more competent at achieving the goal of Palestinian genocide, and less likely to experience problems of internal cohesion.

    Trump’s actions should be opposed, but that’s a given. A Harris administration would also require similar opposition, because the policy is the same.






  • There’s definitely a lot of vibes, but more specifically I think there’s a sort of brinksmanship going on between investors and the government. Government doesn’t want to get blamed for deflating a bubble, so they keep propping up the market at every opportunity and basically saying explicitly that they will continue to do so indefinitely. Investors then price equities as if there’s a built-in backstop for downside risk, knowing that the government will do bailouts and incentives and tax cuts if there’s a chance that line might go down too much. Public equities are essentially government-backed securities with equity-like returns and credit-like risk.

    It’s basically the same thing as all the housing bubbles. So many people need their home equity to retire, and so the government can’t take the risk of trying to deflate the bubble, but that just means that homes are a zero-risk investment and open to speculation with no downside, so the prices will just go up forever (or until the music stops, at least).

    It’s not sustainable, but as the saying goes, the market can stay irrational longer than you can stay solvent.







  • I just read this a few months ago. Incredible read. Heavy stuff, but very compelling. The bleakness of the world is a little over the top for science fiction, but if you categorize it as sci-fi horror it hits every note.

    What really struck me is that this book was published nearly two decades ago, but the author perfectly describes what we would today call a generative AI. Like he understood the theory enough to extrapolate it and put it into a coherent narrative that a reader could understand. Granted it’s not light reading, but it’s not gibberish, either, and I would argue pretty skillfully done.

    It’s pretty high on my list of must-read hard sci-fi, although I think if you’re outright turned off by horror elements then it might not resonate.