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Cake day: February 15th, 2025

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  • Musk’s various ponzi schemes, up to the Artemis-killing SpaceX fiasco, were coming due. Trump provided the opportunity for him to pivot into government, by replacing it with his AI, gps with starlink, air traffic control with whatever he comes up with, etc etc etc, making himself even more too big to fail. The US government the latest offering on the ponzi|pyramid. Trump’s ideology aligning with Musk’s own true beliefs is a bonus.

    It will severely weaken the US in direct measurable short and long-term ways, to the point it is a real disaster for the US. Those to blame are all those that never called him out throughout his rise. Not to mention those governments (Republican and Democrat) who fed him public money throughout the entire period.

    Edit - Bezos’s The Washington Post is apparently supporting him now. No surprise, they want an oligarchy. The Democrats are moving rightward, they are more or less happy with it too.

    I guess it is some version of the land of the free home of the brave, but maybe it is the freedom to do what you want if you’re rich, and have been brave enough to brazenly take everything and exploit everyone.










  • Edited this post after one person upvoted it:

    You are note dealing with reality.

    The Democrats have helped construct the explicit oligarchy that is unfolding before your eyes.

    It absolutely is about both sides, given both of them are responsible for the current situation. Or it is about the fact that there is only one side: pretty far right neo-liberal corporatists, or fascist far right oligarchy.

    And obviously it matters if your only hope is to turn to the other side who are going to prove themselves to be utterly ineffectual. The choice being Trump, or a continuation of the economic-political ideology that made Trump (or similar) inevitable.

    But looking at the amount of up/downvotes these two posts have got I guess it doesn’t matter - maybe most of you just aren’t ready to deal with reality, so reality will just happen to you. Trying to downvote it away is what has led you to this point.










  • De-dollarisation is the dismantling of the dollar’s role as global reserve currency, which is intimately tied to the petrodollar arrangement, which caused the world to buy oil in dollars for the last fifty years.

    I welcome any corrections/clarifications, but off the top of my head, the petrodollar arrangement was an agreement that Richard Nixon’s government made with the Saudis in the early seventies where the Saudis agreed to only sell oil in US dollars in return for military support. The agreement was a fifty year deal.

    In order for countries to buy oil they needed dollars. This was and currently still is via the selling of US government bonds, which has allowed the US to fund its deficits by printing more and more US dollars. Ultimately the world has paid for that US spending. This ends with the end of the US dollar as global reserve currency.

    Trump is showing in real time that the US cannot now be relied upon to provide security, so that half of the petrodollar arrangement is dead and gone. Would you fund the enemy’s military spending? Plenty have. And when you wanted to try and sell oil in a currency other than dollars you got a whole lot of freedom!

    This de-dollarisation very much suits the likes of Russia (for historical reasons) and China (for sound economic reasons) who do not want a world dominated by the US.

    Trump is playing into the likes of Putin’s hands fantastically. Not only is Putin getting what he wants from Trump in Ukraine, Trump is also voluntarily dismantling America’s position as global leader. I don’t know if he is a Russian asset, or if he is just so stupid, or believes the US should be an explicit oligarchy.

    Buckle up, the future is not looking good for the US. Countries that have relied on the US are facing a period of serious instability.