3·
2 days agoAnd if you’re cranky “stop being a bear”
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Joined 3 years ago
Cake day: July 2nd, 2023
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We had only hens, and the older one who was easing off laying started getting roosterish, the first time she charged me with wings spread and pecked my foot for picking up one of the other birds I was very confused.
47·2 days agoRemoved by mod
For some of it. I assume some of it is him on Reddit.
Me seeing girls with flannel shirts over ratty jeans
Do we know who the artist is?
That hasn’t been my experience but I understand the concern
Therapy allowed me to let my guard down enough to see who I really am. That was pretty invaluable. Not easy or fun, but worth.
1·6 days agoYes there really are. Some days it makes sense to me, some days it doesn’t, but the Epstein thing is the only thing that cuts through Fox News.
26·9 days agoI used to own a house free and clear. If the value dropped by half, I would still feel a lot poorer.
When the price of assets held as a store of value drops, the holders of those assets are impoverished. That’s already bad.
Now, when a fall in the price of assets held as a store of value drops, and that triggers a series of defaults that ripples across the financial system, that’s even worse.
I can’t see from the outside the degree to which Chinese society has been financialized, but I’m betting it’s more than the CCP wants to let on.
As I understand it, housing speculation has filled a similar role to 401(k)s in the US, the relatively illiquid asset that “always goes up”.
People will feel a lot poorer when their apartment loses 70% of its value, and I don’t think that’s exactly the same as, say, a big leveraged builder going out of business.
You’re right of course the US won’t let one rich man go broke so it is worse there.
It’s like China has a few smart people left in their government!
They’ve fucked up plenty, their asset bubble is going to be crippling just like everybody else, but overall they are in a vastly better position than the US to advance their imperialistic goals.
We need to go back to printed almanacs
116·15 days agoAs you climb the layer cake, be a shit umbrella not a shit funnel.
I loved the 90s, hit em at the right age
Fuck Texas