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Joined 7 months ago
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Cake day: October 7th, 2024

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  • I can’t even believe the trump admin is going after tech giants.

    I share the disbelief. I think it is mostly a power play against not just Google, but all tech giants, which must be watching this closely, given most of them operate in a similarly anticompetitive manner: kiss the ring or else. The Trump administration could give Google reprieve in exchange for axing DEI further and helping push their political agenda.

    I can’t imagine anything the admin does will be good for society so maybe its safe to assume they will be broken up so elon can buy a chunk?

    I think so too: if Google doesn’t satisfy Trump and his administration, parts of it will be forcibly sold as private equity, outside of shareholder scrutiny and beyond the reach of the SEC. Such a private company would be easier to control than a publicly traded one.








  • All that big talk about forcing countries to negotiate

    Trump indeed touts tariffs as international leverage, but they’re just as much if not more of a domestic power play that forces US businesses to kiss the ring in order to get exemptions. Businesses that pledge allegiance keep their supply chains and survive, whereas those that don’t satisfy the Mango get to pay tariffs and compete with exempted businesses in a weakening consumer market with decreasing purchasing power.






  • This is due to a few people in power, not because of tsunamis etc. So this can switch over in just a day.

    In my view, the damage is very real and businesses will keep suffering even if Trump winds down his tariff ambitions, because the uncertainty and unpredictability hinder investment decisions. For example, if you managed an aluminium business like Alcoa, would you put up the cash to set up new smelters in the US despite melting stock prices, high borrowing costs and the possibility that the tariffs shielding those US smelters from foreign producers are reduced or even scrapped altogether without warning? Many businesses are “damned if they do, damned if they don’t”.

    I’m sure there are smart plays in this market, but I’m also convinced that we’ve entered a bear phase.



  • Interesting to note that since 2022, he lost under 1% of his population to the war… Meat attacks could go on for years on end and it would barely move him.

    If that “1% of his population” refers to the general population, I would note that the total includes many people who could never fight, such as:

    • all those involved, whether directly or indirectly, in the development and production of military hardware,
    • all those involved, whether directly or indirectly, in the extraction and trade of natural resources, without which the Russian economy would collapse, and
    • all those physically unable to fight, such as children, the elderly and disabled people, and all those who care for them in one way or another.

    As much as Putin’s tyranny may yet squeeze out of the general population, 1% in three years is already devastating, in my view.