ComradeKhoumrag
@ComradeKhoumrag@infosec.pub
- Comment on Anon checks out mobile gaming 4 months ago:
Rocket League side swipes is undisputed best mobile game on the shitter
- Comment on Could anyone explain the linguistics around the word "shit"? 5 months ago:
I would add:
Shit head: a negative term for a person who likely is toxic or caustic for other negative reasons
Shitter: a person who may enjoy shit head humor. One who shit is not necessarily negative like shit head. Could be used to casually downplay a type of humor (lightly positive) or to dismiss a type of behavior (lightly negative)
- Comment on The Patriarchy 7 months ago:
I want to see this post that got removed now
- Comment on unsure why we are surprised lol 8 months ago:
Thank you 🥹
- Comment on unsure why we are surprised lol 8 months ago:
I block individuals. I think it can be good to expose myself to the eastern narrative a little since I’m only experiencing a western narrative. As well as eastern shitpost’s since I subscribe to 4chan
- Comment on Germans: what genocide? 8 months ago:
A shitpost’s a shitpost damnit
- Comment on Liking an OS isn't a personality trait ❌ 8 months ago:
Even our ads are unpaid and FOSS
- Comment on Please Stop 9 months ago:
Web3 is more about smart contracts and alt coins, you didn’t address my point
- Comment on Please Stop 9 months ago:
So why not do the same with a bank ledger?
- Comment on Why has the world gone to shit? 10 months ago:
From Google:
Examples of shadow banks or financial intermediaries not subject to regulation include hedge funds, private equity funds, mortgage lenders, and even large investment banks
Shadow banks aren’t illegal, just have loose regulations
- Comment on Why has the world gone to shit? 10 months ago:
So, before I say “capitalism” like everyone else id like to argue many of the monetary/economic policy can be used by either authoritarian state capitalists or free capitalists alike.
This can be useful^ it’s a brief read. Also I love Adam Taggart, he’s a really good person to follow on YouTube for economics.
Things were getting bad for a while, and we kick the can down the road until an exponentially worse problem arrives, then repeat. Let’s look at COVID for now tho instead of going back decades
COVID happens, society has to adapt, and now there’s growth issues with the economy (growth domestic product or gross domestic income)
First, government gives a shit ton of stimulus checks to the consumer market. A market is a collection of buyers and sellers. The consumer market is a collection of buyers and sellers who spend their money on one thing and don’t retain that value. So most of the stimmy money went from consumers to corporations. To give you an idea, over the last 3 years we’ve seen 35% of inflation that is never going away, it will forever weigh on the consumer market (and that’s the market that needs to be well off for an economy to be anything more than the stock/financial market)
Second, Fed sees an incoming recession so they lower interest rates to make banking loans cheaper to encourage investment to increase growth again. This means people who are not suffering from the economy can easily afford another house since they’re basically not paying any interest on it, then rent it out to Airbnb or whatever.
All these things cause growth in the short term, while making inflation a much worse problem in the long term.
FED starts raising interest rates slowly over the last year or 2. Now they’re about to lower them again which is a sign we’re in for another recession, but let’s look at what raising interest rates did:
Banks operate on a very tight margin and raising interest rates hurts banks in the short term and takes a while for markets to react to (which is part of the reason why we saw so many bank closures like silicon valley bank)
But raising interest rates also makes it more expensive for people to afford mortgage payments.
H.O.P.E: housing , orders, profits, employment
When mortgage payments got more expensive housing got expensive. When housing gets expensive orders go down and/or credit card usage goes up (which is another separate problem / indicator). When orders go down profits go down, and when profits go down employment goes down.
It should be worth noting the one thing J Powell did right was creating slack in job openings to prevent a complete crash in the labor market, but that’s the last thing to crash in a recession so we’re still just kicking the can down the road.
That’s the best analysis I can do with respect to COVID, but some other interesting things:
The average boomer is 2 years into retirement. The labor force is going to continue shrinking for the next 7 years. It won’t be this bad in America, but in south east asian countries, there’s going to reach a point where there are more old people than young people, and when that happens there’s not enough people to care for the elderly and support the rest of the economy, so both tend to suffer. America will feel this pain as well, but our population “pyramid” is more of an hourglass, where south east asian is an upside down pyramid
Also, geopolitical tensions are likely going to get worse over the next few years. China manufactures everything consumers like that don’t have to do with defense, so things like smartphones are going to get much more expensive , and tech stocks are likely to suffer.
Also, there’s tons of shadow banks with stealth liquidity where there’s no information how much money they have. So however bad inflation was the last few years and will continue to get with the Fed cutting rates, it can get MUCH worse once those banks start releasing their liquidity.
So, things are bad and they’re going to get worse before there’s a chance things get better. I really recommend listening to Adam Taggart and the people he interviews to help form your decision making
- Comment on If Trump and Biden both died today, what would happen? 11 months ago:
We’d have a real election race that’s for sure
- Comment on 8 Years later my Steam Link is still getting regular updates 11 months ago:
It’s technically a collectors item now
- Comment on Gonna be a great day! 1 year ago:
- Comment on What are You Working on Wednesday 1 year ago:
Got tired of gamers screaming in my headphones so I’m working on intercepting the audio stream per channel and if one is above threshold then it normalizes and lowers the overall volume until it’s back to below threshold
As opposed to just lowering everything by 30%, and sometimes struggling to hear everything.
- Comment on Really? 1 year ago:
It is something to criticize, especially so if it’s a value the Republican party admits to not caring about. It also makes the current tension all the more interesting, it’s unusual for there to not be unity
- Comment on Really? 1 year ago:
That’s not how Republicans work though, tow the party line is sort of their mantra
- Comment on lemmy.ml 1 year ago:
What’s funny is that Palestinians are literally Semitic
- Comment on Simple, right? 1 year ago:
We won’t be seeing population growth, partially why the economy is going to be getting progressively worse over the next few years
- Comment on The Fediverse should do what redditors have always wanted and Reddit Inc. has always refused to do; Distinguish between NSFW and NSFL. 1 year ago:
Would be kind of hilarious. You can have one normal tag like “serious” is for ask lemmy, then a million tags like soft core, forced, NSFL, etc…
Like the fediverse would be catering to SO MUCH PORN at that point
- Comment on Immune to marketing 1 year ago:
How do you know company A is really advertising to you Company B’s product, which is a competitor of theirs?
- Comment on Why a ton, and not a megagram? 1 year ago:
Mega is a million. Kilo is a thousand. 1024 in kilobytes comes from powers of 2 which are more natural in addressing computer memory
- Comment on Mentorship Monday - Discussions for career and learning! 1 year ago:
Im looking to switch positions soon. I work as a partner for a startup with some friends. Does it look bad on a CV to list this experience? I’m worried they’ll think I’m trying to milk 3 jobs at the same time, instead of replacing my current day job
- Comment on What are You Working on Wednesday 1 year ago:
Fixing other people’s crap because that’s the punishment for writing functional code
- Comment on What are You Working on Wednesday 1 year ago:
Bravo
- Comment on Tick tock 🕚 1 year ago:
Well, you can’t arrest a sitting president, and Senate was majority Republican and they tow the party line so yeah most Democrats could do was impeach and let the Republicans bail him out
But now he’s not president, and has to face the courts as a citizen. The investigators aren’t going to rush a case like this, but you also can’t risk it going over to the election before getting a conviction. Honestly the timing on all this seems pretty on point
- Comment on Mentorship Monday - Discussions for career and learning! 1 year ago:
I am by no means a hiring manager. However software engineering is project based work , so I would be biased towards this as a good thing
- Comment on Reported UFO sightings. Aliens are very interested in the USA 1 year ago:
Would be interesting to divide these numbers by expected camera availability. Consider how many more cameras are on any US military vehicle (there’s at least 6 on every tank, for example)
- Comment on Help Xi Find His Hair! 1 year ago:
USA is absolutely a huge hypocrite. But that doesn’t mean other countries are justified for doing the same
