AfricanExpansionist

@AfricanExpansionist@lemmy.ml

• ⁨Comment⁩ on ⁨The Lessons of Crypto Media: Grifts, memes, disruption, vengeful billionaires—to understand Donald Trump, there’s much to learn from those who cover the blockchain.⁩ ⁨⁨1⁩ ⁨week⁩ ago⁩:

  The entire crypto industry is just a circle of dogs, all sniffing the butt of the dog ahead as they walk in an endless circle.

• ⁨Comment⁩ on ⁨Young Americans lose trust in the state⁩ ⁨⁨2⁩ ⁨weeks⁩ ago⁩:

  It always blew my mind when this kid ten years younger than me was cheering about Obama killing bin Laden without producing a body, no arrest or trial… When I pushed him about it he accused me of lacking patriotism.

• ⁨Comment⁩ on ⁨Millennials are watching monthly student loan payments skyrocket from $500 to $5000 under Trump: This will ‘crash the economy’⁩ ⁨⁨2⁩ ⁨weeks⁩ ago⁩:

  I’m still buying and holding GME shares. Waiting for UBS to blow up. They hold all the toxic Archegos shorts from January 2021, that forced Credit Suisse to go under. These shorts will go onto their books on March 21. What comes next?

  Swiss National Bank basically forced UBS to take the bags from Credit Suisse. They refused and so SNB sweetened the deal by giving them hundreds of billions in cash-- twice! Now UBS auditors have seen what’s in the bags and they are panicking behind the scenes

• ⁨Comment⁩ on ⁨Millennials are watching monthly student loan payments skyrocket from $500 to $5000 under Trump: This will ‘crash the economy’⁩ ⁨⁨2⁩ ⁨weeks⁩ ago⁩:

  Student Loan Asset-Backed Securities

  Basically, people can buy the rights to your loan payments. Maybe they get packaged together with many others’ debts.

  SLABSs are quite profitable, obviously. During COVID years there was a freeze on debt payments and holders of SLABS started to feel the squeeze. SLABSs are such a guaranteed return that people/banks/hedge funds can use them as collateral for loans and stuff. So during COVID, SLABSs became a liability. Or so it’s been speculated

  If people start defaulting on their debts, SLABSs could be centrally involved in a financial collapse, the first domino to start chain reaction of margin calls

• ⁨Comment⁩ on ⁨Millennials are watching monthly student loan payments skyrocket from $500 to $5000 under Trump: This will ‘crash the economy’⁩ ⁨⁨2⁩ ⁨weeks⁩ ago⁩:

  SLABs will tank, someone’s collateral gonna get busted

• ⁨Comment⁩ on ⁨Do all conservatives hate immigrants? Do I HAVE to hate immigrants if I want to be a real conservative?⁩ ⁨⁨3⁩ ⁨weeks⁩ ago⁩:

  No they hate that too. They love only an idealized fiction they saw on TV

• ⁨Comment⁩ on ⁨Do all conservatives hate immigrants? Do I HAVE to hate immigrants if I want to be a real conservative?⁩ ⁨⁨3⁩ ⁨weeks⁩ ago⁩:

  Real conservatives hate everything

• ⁨Comment⁩ on ⁨DOGE Is Replacing Fired Workers With a Chatbot⁩ ⁨⁨3⁩ ⁨weeks⁩ ago⁩:

  Is it OK for me to say that I have violent fantasies about Elon Musk? If I ever met him it would take real self control not to harm him

• ⁨Comment⁩ on ⁨What's the best way for Elon to remove the parasite class? 🤔⁩ ⁨⁨4⁩ ⁨weeks⁩ ago⁩:

  He even looks like a bloated tick

• ⁨Comment⁩ on ⁨Digg founder Kevin Rose and Reddit founder Alexis Ohanian buy Digg for an undisclosed sum from Money Group, aiming to focus on “connection and humanity” online.⁩ ⁨⁨4⁩ ⁨weeks⁩ ago⁩:

  Digg was always trash. Reddit became trash.

  Slashdot, a nation turns its lonely eyes to you

• ⁨Comment⁩ on ⁨Deutsche Telekom and Perplexity announce new 'AI Phone' priced at under $1K⁩ ⁨⁨4⁩ ⁨weeks⁩ ago⁩:

  What problem will be solved by an AI phone?

• ⁨Comment⁩ on ⁨Extreme online violence may be linked to rise of ‘0 to 100’ killers, experts say⁩ ⁨⁨5⁩ ⁨weeks⁩ ago⁩:

  I’ve never been in a fight as an adult. I own a no guns. I have no criminal record

  I have violent fantasies about Elon Musk every day now. I also imagine myself strangling Nazi marchers in my hometown.

• ⁨Comment⁩ on ⁨Tiger Predators⁩ ⁨⁨4⁩ ⁨months⁩ ago⁩:

  I learned this from Calvin & Hobbes