dave4420

He’s conflating a few things. I don’t think becoming an illiberal democracy is the same thing as becoming a dictatorship. Still sucks for America though.

You need to click through to a half hour video.

I can’t be arsed myself.

Do you mean something like the Cracking the Cryptic channel on YouTube?

It features a couple of puzzles every day, with a variety of different rulesets.

He also accused the European Commission of “protectionism” and an “anti-American” attitude.

Says someone working for a government that’s just introduced protectionist tariffs.

Hypocrites.

I think his point is that death is the default, and that we’ve never been programmed for indefinite life. The only thing he’s selling is a book.

With sports streams you specifically want low lag, don’t you? It’s no fun being spoilered by people cheering (or not) next door.

What has that got to do with this thread? A devaluation's a devaluation, whether you're forced into changing a fixed rate, or have it imposed on you by the markets.

A shame that this is only for opting out of everything.

It would be great if I could do something like

    export DO_NOT_TRACK=ads:personal-usage

How will China react to this, I wonder.

You sound like Harold Wilson.

I don't mean to suggest that the current American devaluation is as large as the UK's 1967 devaluation, at least so far. Just that your reasoning here is wrong: when your currency falls, that has a domestic inflationary effect precisely because your currency is worth less than before.

There are no fewer dollars in the US dollar currency area after the sale than before… but those dollars are worth less than before. If capital has not left the area, it has been destroyed. That’s not to say that the US economy is inevitably doomed… but you sound very bullish.

Would this mean minimum wage workers the world over effectively being paid in dollars rather than their local currency? (Because their salary in local currency would rise and fall with the dollar.)

Or would wages be reset, say, annually based on whatever the level of the dollar was at the time?

I dunno, it feels like it would be ceding control over a chunk of your economy to the whims of the US political process. (Because of course it will be Americans forcing labour to be more expensive in Vietnam, not Europeans forcing labour to be more expensive in America… the Americans would never accept that.)

What was the bigger shake up that happened 50 years ago?

And what happens if your phone breaks or runs out of battery at the most inconvenient time? (Trump deports you, I guess, but what about everywhere else?)

Cordless phones use the same frequencies as WiFi, so they could be interfering with each other.

Or, I dunno. Is your phone using voip?

If you are dependent on imports for half your food supply and I am able to choke off your imports… then it doesn’t matter that you have the knowledge of how to mass produce synthetic meat for cheap, a chunky proportion of your population will starve to death before you’re able to construct the new food factories.

There are many chokepoints. The media/information is one of them. Food, water and energy are others. I expect there are more.

In theory Congress can impeach him for it, but in practice there won’t be the votes to convict him. If there are ever, somehow, the votes to convict him, it’ll be for something worse.

After his term ends… I don’t know whether the law says that the insider trading exemption Congress has also applies to the Executive branch… but I’d fully expect the Supreme Court to say it does, if it got that far.

£10k/year for maybe 2days/month of meetings and prep sounds pretty well paid for volunteer work.

That’s true in the long term.

In the short term, a sudden drop in house prices causes economic pain (e.g. people trapped by negative equity), and the US has a lot of economic pain about to hit it already.

I’m kind of sceptical that the scenario the article presents will play out though. The Fed would reverse course and buy up the bonds, if it came to it.

Maybe some people assume the dishwasher is full, but some people are too lazy to check, and others are just copying everyone else.

Ironic that you make assumptions in a post about people making assumptions.

Yeah, at some point it’s just willy waving.

Any reason why China wouldn’t be able to levy an extra 50% on the US?

Didn’t think so.

There’s a difference between management knowing that it’s worth paying off tech debt in general, and management knowing that now is the right time to pay off this piece of tech debt in particular.

Why pay off tech debt A and not tech debt B? Is this really more urgent than implementing feature C?

I have some financial debts, but I prioritise paying off some over others, and even allow myself to buy myself nice things instead of paying off the mortgage early. The same principle applies with tech debt, except I have to justify my choices to my bosses instead of to my girlfriend.

Sometimes it’s just off topic.

The author’s argument doesn’t apply here, because those are all part of a larger, more diversified country.

It would be more on brand for Trump to cut interest rates himself. (I know he doesn’t have the power, legally. He doesn’t care.)

So much cloud stuff, and software.

TV shows and music recordings. And Hollywood.

Weaponry, military and civilian aircraft, and servicing.

Pharmaceuticals.

That’s just off the top of my head.

What consequence would a lying politician face, if they refused to retract their lie and the court found they were lying?

Worth noting that this process gives politicians a license to lie during the last week before an election.

Courts already have the power to fine and jail people.

The problem is not the power. The problem is the politicisation.

What’s “FAFO”?