zephyreks

joined 2 years ago
[–] zephyreks@hexbear.net 41 points 1 year ago

I mean... wasn't this inevitable? Iron is basically infinitely recyclable, and eventually China will build up enough scrap to saturate demand. There's a reason electric arc furnaces are becoming increasingly popular in China lol

[–] zephyreks@hexbear.net 54 points 1 year ago (3 children)

Let's talk macro for a little bit: with the JD Vance pick (and assuming the Democrats can't fix their campaign), are we not seeing the balance of power in DC shift from New York & finance to San Francisco & tech?

That shift in power lends far more credence to reindustrialization and a change in the US Treasury than anything else. A weak dollar is far less important to the Silicon Valley elite than it is to the New York elite. Is it unreasonable to expect a weakening dollar emerge over the next four years, bringing with it a rise in onshoring, a rise in real incomes (which are overwhelmingly from domestic consumption), and a fall in purchasing power abroad?

[–] zephyreks@hexbear.net 11 points 1 year ago (1 children)

The Secret Service runs a pretty robust EW suite I thought?

[–] zephyreks@hexbear.net 21 points 1 year ago

Gotta protect your kids I respect that

[–] zephyreks@hexbear.net 19 points 1 year ago

Yeah I'm sorry this photo is so fucking metal Jesus Christ

[–] zephyreks@hexbear.net 39 points 1 year ago (2 children)

The only people who tap the gas when they see a yellow light are from places where all intersection left turns are signalled.

[–] zephyreks@hexbear.net 22 points 1 year ago

Macron sees blood in the water and doesn't want his party to be a part of it. Let someone else lead, let them take the fall, and swoop in.

[–] zephyreks@hexbear.net 28 points 1 year ago

obviously because immigration just spontaneously happens because the US is simply just that desirable of a place to go

[–] zephyreks@hexbear.net 10 points 1 year ago

We knew this. Everybody knew this. Ukraine still requested them.

Frankly, this isn't Canada's problem. The Senator isn't designed for actual combat operations. It's a glorified armoured car designed to protect against shrapnel and small arms fire. At best, it's an ERT vehicle.

[–] zephyreks@hexbear.net 13 points 1 year ago (3 children)

A vigorous fascist is preferable to a corpse

[–] zephyreks@hexbear.net 9 points 1 year ago

Same reason the NDP in Canada runs Singh instead of Notley or Eby.

[–] zephyreks@hexbear.net 7 points 1 year ago (1 children)

The dollar-crunched Global South is a direct consequence of the dominance of the USD in global trade. There's absolutely a third route here where China's pursuit of trade through local currencies decouples regional blocs from the USD (ASEAN, the AU, etc.), or where government borrowing in this countries begins to be RMB-backed with China acting as the supply of USD. The RMB's soft peg with the USD introduces many opportunities for forex fuckery.

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