Skip Navigation

Posts
2
Comments
425
Joined
2 yr. ago

  • I believe, like Michael Lewis, that the stock market is nearly 100% price controlled via HFT algorithms and AI, leveraging the dark pools run by the wealthiest banks and hedge funds. If this is correct, then the market will never outright crash again. Therefore, no one, from this point forward, should take have any notion that the stock market will punish Trump (or anybody, really).

    Ultimately, the stock market will fluctuate for dramatic effect, but will continue on a steady upward trend completely decoupled from any particular reality.

    Oh would you look at that, it's up 353 points today. 🧐

  • "Money can't buy you happiness but it does bring you a more pleasant form of misery." - Spike Milligan

  • As long as no Fed instance attempts to monetize content, these people will have no power. So subscribe to them, engage to them all you want, but absolutely shun any Fed instance that does anything but accept donations to keep the lights on. Money will always enshittify platforms and their content. Always.

    Edit: FYI, any real people who want to discuss things with me, don't let your post sound like it came from a rage engagement bot. You will be ignored.

  • Ribbit

    Jump
  • Clearly the author of the original meme has never read Watership Down.

  • I don't blame you, I just hope you all remember that this is being done to us by state actors, chiefly the Russians. We've given them the tools to do it with - our freedom of speech and the Internet, but I just hope you understand they are leveraging the stupidest among us to do all of this.

  • Remember when sites would make bad decisions and then just, you know... fucking die? Reddit's entire existence is owed to Digg imploding like the Titan submarine.

    Notice how that doesn't happen anymore? No matter how egregious their infractions, no movements away from Twitter or Facebook - no matter how deeply they are infiltrated/compromised by runaway fascism/capitalism - nothing has an impact. No backlash, no matter how huge - is strong enough to shutter these sites and make them stop being money-printing operations.

    It's almost like there is an infinite money glitch going on and no matter what, if you're in the "in" crowd, your shit gets to stay around no matter how much everybody thinks it smells like shit.

    Hm.

  • Permanently Deleted

    Jump
  • Try not caring. The more Reddit users come here the more it's going to suck.

    This is just bot-driven FUD anyway, Lemmy is nothing like old Reddit and it wouldn't be disqualifying if it was.

  • If judges' orders can be ignored with no consequence, we're done as a country.

    Judges have zero recourse to enforce judgements against the executive branch. All previous executives who have obeyed an order given by a judge have obeyed it voluntarily. The only recourse would be for congress to impeach and convict the president, which of course will not happen. It's tempting to call this an oversight by the Founders, but it seems to me that this is by design. As long as there is not a congress that will convict the president, the courts cannot truly tell the president what to do.

  • It's not like Reddit stopped existing. Lemmy will (hopefully) never be Reddit. That means that some itches Reddit will still have to scratch.

  • I'm rocking an SE2 and probably next year I'll reluctantly upgrade to an SE3, which I will keep for at least two more years. After that, I'm fairly certain I'm cooked, as all available phones will be faceid phablets. FML.

  • Frankly, whatever secret sauce it is that makes social media popular is also what drives them to be such shit and be so shit for society. I like Lemmy way more than I like Reddit, and even though I have to go back to Reddit from time to time to fill the needs of my niche interests (which can get no traction where there are not mobs of participants in the greater whole) I never ever look at my interactions there and go "I wish Lemmy was more like this."

    It's a conundrum.

  • Dave Ramsey is a Jesus freak but he did have some fun truisms, one of which is if you want to know where value comes from, try taking dollar bills and bottled water into an area devastated by a hurricane and see which one has more value.

  • One of the few conspiracies I actually subscribe to is that there is no legitimate stock market anymore, it is 100% under price control. Wins and losses - such as they are - are being determined by huge banks and hedge funds using AI algorithms, dark pools and phantom shares to maintain an iron grip. I got started down this path when I read Michael Lewis' book Flash Boys, which, like this video was made over 10 years ago.

  • In 2023, Huttle was sentenced to six months in federal prison and a year of supervised release for taking part in the riot at the U.S. Capitol.

    back to being a riot again is it