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Immaculate Vibes

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Posts posted by Immaculate Vibes

  1. 1 hour ago, atomheartbevo said:

    Putin gives no fucks about diplomacy.  This was a play for more territory, more people, and more natural resources.  The man is now openly admitting and not even hiding that it's about trying to get the USSR or Russian Empire back together in some way.

    It was not about de-nazification, since Russia stopped marching on Kyiv, stopping trying to decapitate the government.  It's not about de-militarization unless Putin meant de-militarization of Russia, since Ukraine has more arms now than when it started (and Russia has provided the most hardware). It's not about NATO expansion since A) it got Sweden and Finland off the fence, and B) taking over Ukraine would mean even more of Russia's border would be next to NATO countries.

    And it damn sure was not about protecting Russian culture or Russian-speaking peoples, because Russia deliberately devastated massive areas full of Russian-speaking Ukrainians (until Russia killed them/displaced them).

    If Putin wins in Ukraine, then he tees up Moldova and Georgia, and starts looking at other areas.

    When Putin tells the world that this war is about conquering territory and resources, listen to him.

    You’re on top of this more than anyone. I subscribe to the idea that he’s trying to recreate some kind of Peter the Great version of Russia. But how do we stop him? We’ve already committed $50B and supposedly they’re going to take over Luhansk in a couple weeks.
     

    How much money will it take? Where is the best place to stop him? I know you’ve said to just kill as many of his men as you can but it feels like they’re slowly grinding their way to where they want to be. 

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  2. This is such a dope interview. Well worth the listen. So many interesting points but a few stood out to me. 
     

    Every time we have knocked down 5% inflation it was by raising the Fed funds rate above cpi. That’s impossible now. 
     

    There’s never been 5% inflation and been a soft landing. 
     

    he calls recession early to mid 2023. 
     

    overall this guy is just a goat but impressively humble given his record. Allsome. 
     

    Interviewed by one of the brothers that co-founded Stripe, a payments behemoth. Still privately owned 

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  3. oof. 
     

    a lot of chatter online about the solvency of one of the bigger custody/lending platforms, Celsius. Not very reassuring stuff from their ceo. If anyone here holds coins there I’d get them off asap  

     

    this is a bit above my head, but supposedly these lending platforms use leverage to generate yield through defi.

     

    Somehow through staking platforms yet another coin is created stEth. That is redeemable for Eth after their merge is complete but it’s a trading at a discount, another “depegging”. Evidently if it widens greatly it could cause big ripple effects through markets.

    Here’s a thread explaining it. I don’t understand at least half of it. Not trying to learn either just looking at potential bear market catalysts.

     

    tl;dr

    We’re in big bear market territory. There’s a lot of negative headlines out there. I’m seeing some apathy, but not utter despair. I still think we leg lower one more time. 
     

    Everyone here knows my philosophy. Dca Buying. This is when you accumulate more. Stay safe out there. Hold your own coins. No leverage. 

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  4. 16 hours ago, Pods said:

    Dude in the photo has a swastika tattoo on his arm.

    I believe GRUHorn's attempted point is that if a single Ukrainian man has a swastika tattoo, then the whole country is full of Nazi's and Putin is vindicated. The US should stop supporting Ukraine and let Russia purge them. 

    This is obviously stupid, even for GRUHorn, but that has never stopped him in the past. 

    I am not Caponata. 
     

    I don’t really care about the nazi or not thing. It’s all a bs justification from Putin. 

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  5. 18 minutes ago, elfenix said:

    if we listen to adam smith it's the bottom 99.8%.  and from much of this thread the last couple of days it sounds like y'all have finally figured out that you're part of that group. 

    You said we entered the year with poors having the most wealth ever. You mean on an absolute or relative basis?

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  6. 22 minutes ago, Longhorn_Fan68 said:

    You question it because you're programmed to. It's not a matter can/can't. they are and will be great. And the technology will only get better. This is from 2016 - we have had 6 extra years to work on this and it's even more viable now than then. But like everything, it comes down to money and want. And ideas like this are lacking in one or both of those.

    https://www.forbes.com/sites/quora/2016/09/22/we-could-power-the-entire-world-by-harnessing-solar-energy-from-1-of-the-sahara/

    Ah yes. That underinvested green energy. Puh leeze.

    I’m actually not so bearish on solar. Even though we’re a ways away, I could see battery advances making solar more viable. Wind is trash. 
     

    Im fine with pursuing solar as long as get more of the raw materials required are moved on shore. Manufactured polysilicone as well. We are beholden to China on that.
     

    Push nuclear and natural gas aggressively. We need fossil fuels whether people believe it or not. We will still need gasoline/Diesel for the foreseeable future as well  

     

    Overall I think we should err more on the side of energy security vs a hasty energy transition. It’s the way that gives us the best strategic position over the next 50 years. 

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  7. 13 minutes ago, elfenix said:

    i'm old enough to remember when the republicans forced two jobless recoveries in a row to make sure that workers stayed poor and beholden to jerb creaturs!  we entered this year with poors having the most wealth in our country's history. 

    Who are the poors exactly?

     

    4 minutes ago, DixonHur said:

    I appreciate your response. 

    Not to steal Anastasia's schtick but it sounds like you're blaming both sides.

    Adding to the money supply has been a bi-partisan endeavor.  Trump added $3 trillion while Biden did $2 trillion.  But that was all done to keep the country afloat during COVID.  I have no problem with either of their efforts in this regard.

    Regarding energy, the Dems are pushing for more renewable energy which will be great in the long run but will have growing pains as the grids need to be updated.  Yes, these will drive utility costs up in the short-term but prices will come down once the infrastructure is in place.  This was partially explained upthread when discussing why California's prices are high, but there is also a good article in Forbes that goes into a lot more detail.

    But utilities are just half the picture.  Rising fuel costs are really unrelated to green initiatives.  The problem is refining capacity.  This isn't a problem that could be solved by more drilling or a pipeline.  Because the issues isn't supply to the refineries it's the output.  Lots of refineries were shut down during the pandemic do to lack of demand, and they are not coming back on line because companies and investors don't want to make the investments.  As the CEO of Chevron pointed out in the article you posted, they haven't built new refining capacity since the 70's. You can't pin that on Obama or Biden.

     

    I question whether all renewables will be great in the long run. You need a base load that can support everyone’s day to day usage of energy. Natural gas or nuclear should be big part of that. We will still need some fossil fuels for industrial processes as well. 
     

    Our civilization thriving has been built on the back of increasing energy utilization. Are we really going to cut back on reliable energy? That’s what people are proposing. You’re asking lower Income people here and a lot of poor people abroad to curb their energy usage at least temporarily because it’s too expensive. But it will be better for the planet. Again just own it. 

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  8. 7 minutes ago, David Dennison said:

    But fiscal policy is extremely political, and while both parties are slaves to capital, one side consistently favors fiscal policies that overwhelmingly benefit the rich.

    Ah yes. The party of the working man. Represented by a President whose only demographic with greater than 50% approval is white college graduates. 
     

     

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