redditmademedoit

At an average return of 7 percent – extremely conservative in this day and age and in the context of the mega rich – having 1 000 billion dollars will make you 70 billion dollars in a year without lifting a finger.

So yeah.

Maybe I should have worded it differently. I’d wager that Lemmy, as is, is very few Lemmy users’ ideal platform, mainly because it’s very small. For instance, while it is a filter bubble of sorts, the small user base makes it hard to filter content to your preference. It’s more or less a take it or leave it proposition.

May I’m projecting, but at least I’m here seeking refuge from algorithmic enshitification, not necessarily the mixture of Linux memes and random politics I’m getting.

Not saying I hate it – many things I’m very fond of – just that it’s not all that I want in a platform (as is).

You’re not wrong, but a difference is that most lemmings don’t really want to be here, i.e are in exile and pretty up front about that. I’m not saying it isn’t an echo chamber, but it’s a much messier one than Bluesky.

We’ll burn more and more coal to power air conditioners to deal with unbearable global warming until that’s no longer possible.

The financial markets are the same. No reasonable person believes any of this is sane or sustainable. But what happens when the music stops? Very few chairs.

It’s a mystery to me why so many apparently serious investors are treating it like anything other than a scam.

Enter the assumption that serious investors basically consider the entire bubble/market a scam, and it becomes less of a mystery.

Reminder that, when I say that I’m technically not fucking any supermodels right now, it doesn’t imply that I actually am.

It’s plain as day and nobody gives a shit. Stunning.

To my mind, Russia is just ahead of the curve — it’s a country that underwent wholesale collapse in the 90’s and was ultimately stabilized by Putin and his oligarchs molding the ruins of the Soviet empire to their benefit.

Now the US is teetering on collapse as well, with dollar hegemony drawing to an end and global financial markets in some kind of a hissy fit to reshuffle wealth before the music stops for the AI bubble (and ultimately the real economy crumbling from climate destabilization).

Elon Musk soon becoming a trillionaire is the fourth horseman of the capitalist apocalypse. I have very little faith in the reasoning of anybody who cannot see that a failed car salesman and notorious lunatic being the richest person in the world – by a wide margin – is a sign of an economic system that is profoundly unwell.

Sadly, I think Trump and Putin may be previews for what’s to come when the oligarchs of world use the chaos to impose a new economic order, based on AI surveillance and severe policing of those not ”loyal” to the nebulous interests of the government(s). To my mind, it’s unlikely to be harmonious or pleasant to those in the ever expanding, bottom rung of societies like that.

I mean, they kinda already did a decade ago.

krasnov only gets you basic access. For admin privileges you need to sign in with putin.

Thanks!

So “apt-dist-upgrade” then? Sorry if obtuse.

Super hot take time: giving the bull a chance to go out swining isn’t that much worse than having it put down ”humanely” in a factory, spending it’s last time in a line that reeks of blood.

The real crime is against entertainment. Who am I supposed do be rooting for here? Apparently not the underdog that’s outnumbered and surrounded by a bunch of dirty spaniards with swords and near zero chance of winning.

Who watches this? Seriously!