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  • r3volution 3.0's Avatar
    09-17-2020, 07:30 PM
    I wouldn't be surprised if some of the fires were arson, even politically motivated arson, but I've seen no evidence of that, and that's certainly not what this WA official was saying. Do these videos you mention just show people starting *a fire* somewhere, or can it actually be linked to the wildfires? Not every fire in the woods turns into a 1000 acre blaze.
    12 replies | 257 view(s)
  • r3volution 3.0's Avatar
    09-17-2020, 07:06 PM
    Much of what you might call cultural degeneracy in the West can be directly attributed to the welfare state. It simply isn't possible for people to live the way so many do (i.e. unproductively) unless the state subsidizes that lifestyle. Unproductive people, like unproductive enterprises, simply do not survive in a market economy. The latter go bankrupt; the former either starve or (much more likely) get a job. Simple
    0 replies | 51 view(s)
  • r3volution 3.0's Avatar
    09-17-2020, 06:37 PM
    stimulus --> universal basic income rent deferral --> rent forgiveness debt deferral --> debt forgiveness extraordinary monetary policy --> permanent financial repression
    8 replies | 245 view(s)
  • r3volution 3.0's Avatar
    09-17-2020, 06:21 PM
    ...doesn't mean arson. ...doesn't mean every fire.
    12 replies | 257 view(s)
  • r3volution 3.0's Avatar
    09-17-2020, 06:13 PM
    Whether the rioting will get better or worse post election, depending on who wins, is debatable. That the constitution will continue to be ignored is a certainty. Both sides actively support blatantly and increasingly unconstitutional policies every time their guys are in power.
    34 replies | 664 view(s)
  • r3volution 3.0's Avatar
    09-17-2020, 06:08 PM
    I really thought that was a joke created by anti-Trump people, had to google it. No, turns out that is the actual title of a book.
    22 replies | 758 view(s)
  • r3volution 3.0's Avatar
    09-17-2020, 05:51 PM
    On a related note: https://www.forbes.com/sites/tommybeer/2020/09/02/majority-of-republicans-believe-the-qanon-conspiracy-theory-is-partly-or-mostly-true-survey-finds/#67cfdc795231 That, plus a Dem* in the WH, plus Trump making constant public statements post-election about being cheated, is a recipe for fireworks. *of the satanic pedophile variety, of course
    34 replies | 664 view(s)
  • r3volution 3.0's Avatar
    09-17-2020, 05:29 PM
    Being in the opposition tends to radicalize people. BLM et al wouldn't be nearly so aggressive right now if there were a (D) in the White House. Likewise, Trump radicals will get more aggressive if he loses.
    34 replies | 664 view(s)
  • r3volution 3.0's Avatar
    09-17-2020, 05:04 PM
    During the financial crisis in March, foreigners sold more than $500 billion in dollar-denominated assets (government bonds, government-guaranteed bonds, private bonds, and equities) in an effort to raise cash. By April, with the Fed printing trillions of dollars, this trend reversed and foreigners started buying back those assets. As of the latest data (June), foreign holdings of US assets were more than $200 billion higher than in February. However, despite that big rebound in foreign holdings of dollar assets in general, foreign holdings of long term treasuries in particular continued to decline, dropping by nearly $500 billion from February to June. At the same time, holdings of government backed bonds dropped slightly, holdings of private bonds increased significantly, and holdings of equities soared. https://ticdata.treasury.gov/Publish/slt2d.txt (lol at the treasury's preposterously poor formatting) IMO, this suggests increasing concern on the part of foreign investors (including foreign governments) with US fiscal and monetary policy.
    1 replies | 119 view(s)
  • r3volution 3.0's Avatar
    09-17-2020, 04:23 PM
    I wonder why no one posted in this thread, seems like the next big step toward national bankruptcy would be big news.
    8 replies | 245 view(s)
  • r3volution 3.0's Avatar
    09-17-2020, 04:18 PM
    I think you're underestimating the zeal of the Trump-is-fighting-the-satanic-pedophiles crowd.
    34 replies | 664 view(s)
  • r3volution 3.0's Avatar
    09-17-2020, 04:11 PM
    I'm sure that's a motivating factor. Jeff Gundlach has been saying things along those lines for years.
    5 replies | 334 view(s)
  • r3volution 3.0's Avatar
    09-15-2020, 11:11 PM
    Look at China's chronic current account surplus. Then compare that to this country's chronic current account deficit (since, not coincidentally, circa 1971). The US government, and thereby this whole country, lives at the expense of the rest of the world thanks to the dollar's special status. That is coming to an end; the price of gold is telling you this. China is sitting and waiting for the sick old man to die; they don't have to do a thing.
    11 replies | 253 view(s)
  • r3volution 3.0's Avatar
    09-15-2020, 11:02 PM
    Who here remembers the lead up to the Iraq War (the second one)? That should inform your view of the current China related rhetoric coming out of Washington. Tucker? He is openly trying to create a new American nationalism, and he's very obviously exploiting every anti-Chinese tidbit to do that. Dumb? No. Evil...? I'd be cautious, unless you want you or your kids to be forced to go over the top and take that machine gun fire for nothing at all.
    10 replies | 269 view(s)
  • r3volution 3.0's Avatar
    09-15-2020, 10:47 PM
    I'd like to take a look, but I'm not seeing any text or link or anything. You might need to directly paste it into the forum post.
    1 replies | 253 view(s)
  • r3volution 3.0's Avatar
    09-15-2020, 10:40 PM
    I don't know if I agree with the details, but as to post-modernism (i.e. post-reason, post-reality), yea, the "right" is right there with the "left." A sane person wakes up in the morning, turns on the idiot box, and finds two demented cults fighting over which should run the country. ...and one of them will!
    9 replies | 1328 view(s)
  • r3volution 3.0's Avatar
    09-15-2020, 10:36 PM
    Not any more, he says... ...except that they're socialists and so what they want is gigantic government, and that's what they're getting right now. ...under a President who 'opposes' them. :confused:
    9 replies | 1328 view(s)
  • r3volution 3.0's Avatar
    32 replies | 732 view(s)
  • r3volution 3.0's Avatar
    09-15-2020, 10:21 PM
    It's as if people forget everything that happened before the last election. The above is normal partisanship; do we not remember how the GOP acted during the last Democrat administration? No one notices that both parties engage in exactly the same crazy, false, propagandistic behavior whenever they're talking about the other? Obama secretly works for Al Qaeda and Trump secretly works for the Russians. It's not even original.
    5 replies | 210 view(s)
  • r3volution 3.0's Avatar
    09-15-2020, 10:09 PM
    I think he genuinely didn't know. It's only common knowledge for political junkies such as ourselves. ...this would be in contrast to certain people who know but keep lying.
    32 replies | 732 view(s)
  • r3volution 3.0's Avatar
    09-15-2020, 10:01 PM
    Whatever one thinks of the Iranian revolution (I was not a fan), it was in fact their money. https://en.wikipedia.org/wiki/Iranian_frozen_assets Good thing he didn't tear up the peace treaty and formalize the US-Arab-Israeli alliance targeting Iran..
    32 replies | 732 view(s)
  • r3volution 3.0's Avatar
    09-15-2020, 09:45 PM
    Everyone who disagrees with me is, in fact, a teenage girl? Suspicions confirmed..
    11 replies | 343 view(s)
  • r3volution 3.0's Avatar
    09-15-2020, 09:26 PM
    I'll go with a 4, compared to the current 2. That's assuming that it's close and we don't know for a week or two or more, which seems likely.
    34 replies | 664 view(s)
  • r3volution 3.0's Avatar
    09-15-2020, 09:16 PM
    In keeping with my general principle, I won't watch the unsummarized video (why don't you summarize Collins?). Here's a reason (maybe mentioned in the video, maybe not) that certain rich folk might in fact like higher (or at least more complicated) taxes. Depending on how the tax is structured, it might create a barrier to entry for smaller competitors. Even a progressive tax can do this insofar as the compliance cost is fixed, or at least isn't completely proportional to profit. E.G. Exxon owes $30 billion tax and pays $100 million (0.33% of the tax bill) to tax attorneys, while Podunk Oil Co. owes $3 million in tax and pays $100 thousand (3.33%) to tax attorneys.
    5 replies | 334 view(s)
  • r3volution 3.0's Avatar
    09-15-2020, 08:56 PM
    Vote and comment. P.S. For a point of reference, let's call the current situation a 2.
    34 replies | 664 view(s)
  • r3volution 3.0's Avatar
    09-15-2020, 08:42 PM
    Japan is hedging its bets; recall how they acted during the latest shipping crisis in the Persian Gulf (went ahead with top level meeting). Right now, they have access to places like Kazakhstan. If the US-China/Russia cold war accelerates, and they side with the US...? Like Europe or Australia, I think they're going to do their best to be ostentatiously neutral.
    11 replies | 253 view(s)
  • r3volution 3.0's Avatar
    09-15-2020, 08:21 PM
    LOL, they sold cheap. On a somewhat related note, they have the second largest uranium reserves in the world and I hear that they can produce it more cheaply than others for some geological reason (which I don't understand). I guess we might be hearing about Kazakhstan in the news in coming years if uranium prices rise, which they are expected to do.
    11 replies | 253 view(s)
  • r3volution 3.0's Avatar
    09-15-2020, 08:12 PM
    Then it's time to give laissez faire a try.
    4 replies | 396 view(s)
  • r3volution 3.0's Avatar
    09-15-2020, 07:52 PM
    Better than silence, but they need to make it more situation-specific. It shouldn't be the same on a punt and a touchdown.
    2094 replies | 56081 view(s)
  • r3volution 3.0's Avatar
    09-15-2020, 07:36 PM
    From what I understand, Russia, China, and Iran have a pretty good lock on central Asia. The Indians want to increase their influence in the region, but I'm not so sure they will. That's true. Their strategic priority is to secure their SLOCs and/or create secure overland trade routes (belt and road). The deal with Iran is a game-changer in this regard: not that the USN couldn't sink Iranian freighters heading east, but that's a lot riskier for the US (and therefore less likely) than just calling the Saudis and telling them to stop selling oil to China. Right now, in a hot war, the USN would destroy Chinese trade. In a cold war (as we seem to be entering), China's in a better and improving position.
    11 replies | 253 view(s)
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