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Cake day: December 22nd, 2024

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  • I’ve been saying the same thing.

    The 2008 housing bubble was predicated on cheap lending. It was all debt. It was massive amounts of toxic debt sold around Wall Street, like using Trump Coin or counterfeit cash used to buy a house.

    The vast majority of what’s happening here is not debt. Sure, some, but very little. Even the OpenAI AMD stock swap thing is swapping a gamble on stocks worth real money, not debt.

    IMO the first sub-bubble to pop will be all the time and effort wasted on “Startups” that are nothing more than a couple people acting as a wrapper for an AI agent. That’s not really going to impact the economy too much on its face, but suddenly a lot of people are going to go from being “entrepreneurs” to being truly unemployed.

    Edit: Also, just saw this gem, and THIS is how you get a supercharged 2008 repeat, bank deregulation and $2.6 trillion in lending. Which is exactly how we got to 2008’s subprime lending.


  • No way.

    In about 1965 someone would have asked Icelanders what they do on their summer holidays, because so few of them show up in continental Europe, and they would reveal that they’ve been building a massive resort empire named Eircksonland on the coast of what we would call Florida. All Viking-themed, and packed with absurdly sunburned blonde people.






  • I was going to bring up the Interpol bust all around Africa of SIM farms that is referenced in this article. Usually all about international calling and for scammers to use.

    Reporting on this said that this setup had been involved with nation-state level threats. I wonder if it’s that these spammers were just doing their spam stuff and have all their stuff automated to sell bandwidth. Like you just send them a CSV with numbers and messages, and they don’t care what the content is. So then nation-state just books a few campaigns that are what kick off an FBI/Secret Service investigation because the nation-state isn’t actually affiliated with the spammers.

    This setup is worth a ton of money just chugging along, and realistically, this is not built to overwhelm a few key mobile towers. These things are built to spam and scam.


  • GreenShimada@lemmy.worldtoLemmy Shitpost@lemmy.worldPolitical discourse
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    26 days ago

    OK, so just to recap:

    1. You start off by deriding anyone that isn’t carrying the same label as you as either evil or stupid.

    2. Immediately and unironically say that it’s only the Right vs. everyone else after just saying that it’s the Left vs. everyone else because they’re either wearing your label or they’re Secret Hitler or an idiot.

    3. Double down and imagine that everyone actually has secret but strong political feelings and simply are confused or too chicken shit to reveal them, but that all the secret opinions of average people are not just mildly conservative, but actually full-on far-right?

    My friend, I’m not sure you understand how many people don’t spend 18 hours a day online reading political news. Because that’s exactly how you end up alienating normal people who are all out of fucks to give about politics, and fracturing opposition to fascism like you’re doing here. You’re not helping anyone but the fascists by calling the people stuck in the middle fascists for just trying to live their lives.

    Case in point, this is a shitpost comm and you’re too wrapped up in your self-labeling to read the room and the meme that most people don’t care about the things you care about. That’s the meme, and lesson, that you missed.

    Polls are usually pretty consistent in that the majority of people (usually between about 65% to sometimes up to 80%): 1) Don’t actually care about politics at all, which is a big part of why we have a representative democracy in the first place, 2) Certainly don’t keep up with political news or even the actual news that much, 3) Are so self-absorbed and wrapped up in their own affairs that until the rapid disintegration of the nation and Constitution affects them specifically, they won’t even notice because they have a job and kids and a universe of other shit to be doing so they want the status quo always, whatever that was.

    Which is all supported in depth by game theory studies about what it takes to get people out in the streets. Which you clearly can’t be bothered to think about because we’re all secret nazis and idiots you wouldn’t associate with in the streets, right?

    You’re taking the same bait that Mandella fought against people taking in South Africa. Apartheid specialized in turning everyone who wasn’t white against each other. Fracturing opposition was how a small minority stayed in power for generations.

    Which is exactly how the GOP managed to work out Red Stating and Gerrymander me and my formerly solid blue district into a solid red district. That’s not on me. That’s on you for fracturing opposition to fascism, like you’re happily doing here, because all the rest of us aren’t “pure” enough - because most people are either secret Nazis or idiots, right? I get the same shit from the GOP, but they actually accomplish the shit they set out to do, so at least I have something to react against.

    For the people who not only do care about politics, but also hate every bit of it and just want people to shut the fuck up and do rational policy stuff without egos like big boys and girls, it’s cringe to see shit like “Hur durr, all Centrists are just closeted Nazis!” because it undoes coalition; it accomplishes exactly what fascists love to see - infighting among their opposition. You give them power like this, with uninformed blanket statements that alienate people who actually ARE fighting these people and now know that you can’t be counted on as an ally. But that’s fine, I know for sure that I 100% can not count on the Left to accomplish a damn thing because y’all are too enthralled with the Old Money Traditional Branding BS the Dems offer you so they can once again use you up to trot out Candidate Dickbag and get you genuinely thinking “yeah, this time, they’re gonna win!” before they lose again and steal your money and time and energy.

    But I expect you stopped reading 4 words in and said to yourself “yeah, secret Nazi I think. Or idiot. Either way, I have to hate that one, too” and turned away an ally once again.

    Edit: Downvote all you want - look at exactly what the Democrats are doing to the Left right now. This is not an appeal to centrism - this is a party appeal to stay in power because they’ve fucked themselves.


  • Doesn’t directly bringing up “enlightened centrism” (I assume sarcastically) from a non-right position indicate disdain for centrism? That would be a conflict between whatever you are and both centrists (for not being where you are - right of you, but to them, still left of the Right) and the Right.

    Also, if you’re aware of the Three Percenters and their claim that only 3% of colonial America supported the revolution, it means that even if they’re off by a factor of 10, with 30% for the revolution, and 30% against, it leaves 40%, a plurality of people, who have the sentiment from this meme where they just want to be left alone and not forced against their will into a conflict that indroduces instability and violence to their lives.





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  • There’s a robust reddit advertising ecosystem that exists. While much of that starts with standard “buy an ad that doesn’t scream that its an ad” stuff, things like doing an AMA or engaging with users or trying to co-opt user content are all in the mix.

    Mods who can approve posts from advertising accounts, block or remove criticism, and even block posts from competitors can gatekeep messaging could, if they were dickbags, stand to make a decent amount of money for it if all the communications comes from sidechannels. /r/hailcorportate always sot of found the line between astroturf advertising and genuine brand worship by idiots, and it’s intentionally messy so it’s hard to tell what’s what.

    Even buying and selling of old accounts is a thing. Buying and selling of upvotes from bot accounts, etc. The whole platform is manipulated unless it’s a small niche sub.