

Oil prices are already plunging.
Supply is about 5 million barrels per day more than demand.
Refugee fleeing the shittiness of reddit


Oil prices are already plunging.
Supply is about 5 million barrels per day more than demand.


The last bailout was required because the banking system was the artery of the economy.
As irresponsible as they were, they needed to be functional to allow the economy to function.
It is hard to see how the government can afford to bailout the “AI” sector.
It is also not critical to the economy. In fact, you could argue the bubble is costing the economy in terms of opportunity costs, increased energy prices, consumer prices for laptops, hard drives, etc.
My view is while they may want to bailout their tech bros friends, I’m not sure it is possible.


Such innovation


You reckon they will just promise Trump to buy lots of oil but then do nothing like their soybean promise?


Private Equity is finding it increasingly difficult to offload the companies they have taken over.
With some luck, this dickhead will go broke.


The real question is how do you enshittify a product that is already shit?


deleted by creator


More competition for AMD and NVIDIA, the better.
I wouldn’t expect the first domestic Chinese GPU to be great but hopefully they keep iterating and get better and better.


I don’t have a problem with a social media ban on young people in theory.
We have multiple studies which show the negative impacts on young people of social media.
My issue is how such a law is implemented. It requires mass collection of user data and surveillance.


I didn’t know there were Fediverse days.


I miss the hanging out with the same online mates.
It occured to me when I quit Reddit that I hadn’t made a single friend on there in 10 years but made loads on the forums I used to frequent.


I miss the old forums.
The peak of the internet.
Australia is one of the most urbanised countries in the industrialised world.


You realise people can scroll up and read what he said?
Outside very rare medical conditions, circumcision has zero medical benefit.


It literally rejects empiricism.


Production must equal Consumption plus investment.
An excess of production leads to companies closing down.
Reducing consumption (via getting rid of workers, reducing wages, etc.) will lead to an imbalance that must correct itself.
This can be forestalled by private debt, government debt or exporting the surplus but this is unsustainable.


I got it on Steam on sale.
It’s great fun.
Totally recommend.
It is strange.
The only reason people who use Pangolin is to have control over the tunnel rather than rely on a company.
I heard you can use Pangolin and self host your own tunnel.
Haven’t looked into it.
I’m assuming there must be downtime for maintenance and quality checks.