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US US Politics General - Discussion of President Biden and other politicians
- Thread starter SeniorFuckFace
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- Feb 6, 2018
We all need to remember that Bill Maher is the guy who said we need to create a recession to get Trump out of office and to punish his political supporters, and this was pre Covid. He has some good points, but he's a sociopath just like the rest of them.
- Joined
- Jun 6, 2020
In all fairness when half of your most well known democrats are old enough to be in a nursing home. 50 comes off very young in comparison.
I would have never guess that.
RumblyTumbly
kiwifarms.net
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- Apr 13, 2018
Lets see, so far under the Biden presidency we have had:
1) Vaccine Mandates, after he said he wouldn't do it.
2) Supply Chain issues, caused by his administration's decisions
3) Gas Price hikes caused by his administration and then compounded by the Russia-Ukraine conflict (the fact that they try to claim it is all because of Russia is laughable at best)
4) We are closer to World War III now than at any point I can recall in my lifetime, and he seems to want to egg it on.
5) Oh and McCarthy-ism has appeared to have made a comeback as they want to call out anyone that might be a "Russian asset"
Oh and best of all....we've still got over two and a half years left of this.
Call me crazy, but I'll trade all of that for mean tweets any day.
1) Vaccine Mandates, after he said he wouldn't do it.
2) Supply Chain issues, caused by his administration's decisions
3) Gas Price hikes caused by his administration and then compounded by the Russia-Ukraine conflict (the fact that they try to claim it is all because of Russia is laughable at best)
4) We are closer to World War III now than at any point I can recall in my lifetime, and he seems to want to egg it on.
5) Oh and McCarthy-ism has appeared to have made a comeback as they want to call out anyone that might be a "Russian asset"
Oh and best of all....we've still got over two and a half years left of this.
Call me crazy, but I'll trade all of that for mean tweets any day.
- Joined
- May 18, 2020
Biden is going to go down in history as the dipshit who flushed nearly a century of American financial dominance straight down the shitter.
- Joined
- Dec 7, 2013
If that’s true everyone in the financial industry is probably shitting bricks.
- Joined
- May 18, 2020
I'm not even in the financial industry and I'm mildly shitting bricks because I don't think most of the people who voted for the geriatric child sniffer are intelligent enough to comprehend how much this would fuck with our economy.
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- May 31, 2020
You know, maybe shutting off all domestic oil production while declaring you want to make the primary producer of oil a pariah state wasn't the best idea?
- Joined
- Sep 19, 2018
That's one way to lock in our next war in the sandpit.
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- Joined
- Apr 22, 2019
Sure, it might mean a second Great Depression, but NO MEAN TWEETS!
- Joined
- Jan 2, 2020
Can we just nuke Twitter at this point? It's fucking telling that one website has some sort of actual power to dictate/decide/mandate how politics (hell, even society at this point) should be ran in the USA.
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- Dec 7, 2013
Any politispergs like @Gehenna care to explain in detail the nasty political and economic issues for the US if the petrodollar is undermined? Economics isn’t my forte.
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- Jun 6, 2020
You know i want to murder every single twitter SJW now
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- Oct 12, 2021
Grant in retrospect was fairly good. His issue's lied in the fact that he had no clue how politics worked and got yanked around. He also got blamed for some things that didn't even happen under him like Teapot Dome and shit like Puck actively ran misinformation campaigns about him and you realize that Grant was fighting an uphill battle the entire presidency. He actually gave a shit about reconstruction, the Plains Indians, and his out of office world tour did a lot of good for US foreign policy. Southern Democrats and a lot of Republicans did not like the man.
Biden to contrast is a career politician and a friend to the establishment.
How the hell no one has made a mini-series about Grant going around the world astounds me.
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- Feb 24, 2016
- Joined
- Apr 30, 2016
If the petrodollar is undermined, a huge underlying factor keeping the USD as the global reserve currency is gone. The following things now happen:
-International trade becomes harder, as US firms would increasingly need to exchange USD for (I assume) Yuan when doing business, adding conversion costs in the process, making imported goods more expensive and exported goods less profitable
-It becomes harder for US companies to gain access to foreign investment, because they are seen as more expensive to invest in, again because of the currency conversion factor
-It becomes harder for the US government to export its debt, as dollar-backed securities like US Treasury Bonds are now a less appealing investment
-All the above likely makes the domestic market highly unstable and slow to grow, with further inflation as the 1.2 trillion USD in circulation are now much less usable globally.
- Joined
- Sep 19, 2018
You're forgetting the part where the Yuan being good for oil means chinks have a good reason not to offshore all their cash too. You wouldn't have situations like Vancouver if they could easily invest in Oil.
We have enacted regime changes for less. I fully believe the United States would kill a longtime ally to preserve the petrodollar; it is that critical to globohomo.
- Joined
- Apr 30, 2016
Man, if I wanted to trick a populace into cheering on the death of the petrodollar, I'd start campaigns in west coast cities telling them letting the Chinese buy oil would mean they'd stop buying up all the housing and leaving it to sit empty.
- Joined
- Sep 22, 2019
Hold up. Isn't regime changing the fucking KSA tantamount to declaring to the world that the word of the US is truly gay and dead? (More than it already has, with Ukraine and shit.) If you guys are willing to coup an ally just to get ahead... well, I welcome a world where everyone is shitting bricks not knowing when Uncle Sam is coming for their head next.
- Joined
- Sep 19, 2018
Blackrock et al would buy up that housing instead, but the death of the petrodollar is the death of the American Empire.
Iraq had regime change partly because Saddam Hussein threatened to sell his oil for the Euro. Libya was transformed from one of the most stable countries in Africa to a war-riddled hellhole because Gaddafi aimed to sell his oil for gold. The people in charge will never tolerate an opposing major power being able to buy oil in a non-dollar currency because that will precipitate a massive withdrawal of America's influence.
Globalism relies on America being a major power. You can not produce shirts for pennies in Vietnam and Bangladesh and still make a profit without the United States Navy guaranteeing shipping lanes. It is impossible to have all the world's rare earth manufacturing in India and China without piracy being a minor thing. Without the petrodollar, America is forced to look inward and a large chunk of the world suffers in return.
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- Jul 19, 2020
This is already the state of affairs, in a more indirect manner - With most US allies indirectly relying on US military force projection for defense, and US economic hegemony to keep their little slot in the global economy, they've always had the risk of the US fucking them over in the back of their minds. This just moves it from an indirect risk of inaction, to a direct risk of action.
Not that I actually think the US would try to regime change the saudi's. They'd gleefully dead mans hand the entire oil economy there on the way down, and everyone knows it. A large coalition of world powers would likely directly oppose such an action. This isn't like Ukraine where for the most part its the geography that matters in who cares about it. Threatening global energy security directly hits every sub-superpower player hard.
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