I'm told the Wall Street folk will need to buy bonds or Trump will sink the ship. The question is, how do you expect him to refinance 7T in debt by the end of 25? Implode the dollar?
To be fair the US is too big to fail. As Europe was forced to "do whatever it takes" to save the euro and bail out Greece the entire world can't stand by and watch America sink.
This is what happens when you let delusional bankers run things.
Monetary policy fails in low interest rate environments, and you get chaotic whipsaws thereafter which grow with time. You can find reference to this if you know where to look as far back as the 1930s.
Greedy corrupt blind individuals who have managed to infect leadership win so much that they lose everything.
We are getting a front-row seat to the specifics described in the socialist calculation problem, and it won't stop with just the US. This type of fire keeps burning until the fuel is out.
Building something awesome is fun but keeping it is an entirely different challenge. One can always leave and help build something new some place else. If the stuff no longer belongs to those who build it it is the right thing to do imho
Almost all index pages are zero effort machine generated pages. I'm not entirely sure about it being an effect over time but Newspapers use to have tiny articles summarizing page 12 which later(?) became "more on page 12".
For a while (until I got to lazy) I maintained a front page article that talked about everything going on in the blog linking to tag pages that should have (but didn't) enjoy the same love. It was challenging to have a single sentence describe a group of articles and string those sentences into an article that sufficiently hides the truth that the blog randomly rambled all over the place. There was a lack of urgency for new articles to appear (except from the rss feed) in stead the front page article revealed missing posts. You could compare it to a wiki (while html offers the same utility) but the blog had 3 clear levels and blog like articles that rarely got updated.
It had me spend some thoughts on the absurdity of putting a log file on the front page or attempting to massage that automation into something nice? Everyone is doing it so it must be right.
Thinking about it, the encoded business logic also becomes hard to change. Perhaps like writing prevented language and stories from evolving. Encoding it might be the final version. I got stuck a few times when the business logic got overly fuzzy. If you have 10 people and 50 small tasks with each task taking between a and b minutes in some strange distribution where b might be 3xa. If task 1 takes more than c minutes task 2 is likely to also take longer while task 3 will be easy. Unless it is full moon then task 2 will take less time and 3 more.
On the factory floor the guy to plan this would also know how fast each employee is with each task and that employee 1 has a hangover on Monday, 2 goes to the gym on Thursday and 3 has to babysit before the night shift.
But now we are going to have an app to plan this???
US companies made a shit ton of money. Then in 30 years the US spend 14.2 T$ on 13 wars.
What if they spend part of that money on infrastructure, helping the white collars and the blue collars - no matter how strategically good it is you are suppose to spend money on your own people.[...]
The money goes to Wallstreet and in 2008 the financial crisis wiped out 19.2 T$
What if that money was in stead spend on developing industry?
China did not steal US jobs, the US didn't distribute the money in a proper way.
https://www.dailymotion.com/video/x8lhjd7
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