US US Politics General - Discussion of President Biden and other politicians

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General Emílio Médici said:
Except people cared, both the people who want Tik Tok gone and ones who like it and want it to stay got curious. Especially after the drama when Trump tried to ban it. And they found all the dirty tricks being pulled on it.
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They moved too slowly, Adam Curry went on Joe Rogan's podcast and revealed the real game, Tiktok is dominating the advertiser space right now for the most important demographics leaving Google and Facebook in the lurch. The people on Tiktok keep slicing and dicing that Rogan clip over and over and a huge amount of the population ranging from woke leftist to Q-tarded right wingers on Tiktok have seen the clip for a month or two prior to this boomer internet act was brought forward where they realized the two events are related.
 
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attractive_pneumonia said:
Article | Archive

China, Brazil strike deal to ditch dollar for trade​

BRASILIA - China and Brazil have reached a deal to trade in their own currencies, ditching the US dollar as an intermediary, the Brazilian government said on Wednesday, Beijing’s latest salvo against the almighty greenback.

The deal will enable China, the top rival to US economic hegemony, and Brazil, the biggest economy in Latin America, to conduct their massive trade and financial transactions directly, exchanging yuan for reais and vice versa instead of going through the dollar.

“The expectation is that this will reduce costs... promote even greater bilateral trade and facilitate investment,” the Brazilian Trade and Investment Promotion Agency (ApexBrasil) said in a statement.

China is Brazil’s biggest trading partner, with a record US$150.5 billion (S$200 billion) in bilateral trade last year.

The deal, which follows a preliminary agreement in January, was announced after a high-level China-Brazil business forum in Beijing.

Brazilian President Luiz Inacio Lula da Silva was originally scheduled to attend the forum as part of a high-profile China visit, but had to postpone his trip indefinitely on Sunday after he came down with pneumonia.



The Industrial and Commercial Bank of China and Bank of Communications BBM will execute the transactions, officials said.


China has similar currency deals with Russia, Pakistan and several other countries. AFP

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Jesus christ we're watching the Dollar fall apart in real time.
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The US really shouldn't have weaponized it after Russia did a naughty. Now everybody is scrambling to ditch it just in case the US does the same to them after it decides they aren't celebrating LGBT hard enough or otherwise marching out of lockstep.
 
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Celebrate Nite said:
That's the sheer irony of it all

Not even the left wanted Biden. They had other candidates picked, but after they all fell down like a stack of Dominos, Biden was the only one left, and it didn't help that Bernie flipped everyone the finger a SECOND time.

So now they are stuck with an old senile corpse... the same corpse that everytime he opens his mouth he makes an as out of himself more and more. And rather than just admit they fucked up, they continue to double down because being human and just admiting they were wrong is the worst possible thing they could ever do, probably for ego related reasons
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My theory has been that they settled for Biden, figuring they could keep him upright and coherent for a couple years, then jettison him for their first 'black' President, Kamala Harris.

Except nothing went to plan. Biden was showing signs of his brains melting out on the campaign trail, and a year in he was clearly not a well man. Worse, I believe Jill Biden is actively resisting attempts to remove her husband because she likes playing Edith Wilson to his Woodrow.

Bad but not insurmountable. Then they found out that Kamala Harris is a fucking black hole of charisma. As I've joked, she makes people long for the charm of Hillary Clinton. And just to add insult to injury, once again, everyone knows she's a whore. There's no chance that if she takes the Presidency she will ever be given even the barest scrap of respect.

So now they're stuck. And I hope they enjoy the taste of the shit sandwich they've made for themselves.
 
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Capsaicin Addict said:
Bad but not insurmountable. Then they found out that Kamala Harris is a fucking black hole of charisma. As I've joked, she makes people long for the charm of Hillary Clinton. And just to add insult to injury, once again, everyone knows she's a whore. There's no chance that if she takes the Presidency she will ever be given even the barest scrap of respect.
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None of that is what matters to them. "Oh, it looks bad, but who cares? What are the plebs gonna do about it?" The main thing about Kamala is that she won't be a puppet to the same extent Biden and Jill are. Kamala want's to be president in spirit, as much as name.
 
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Capsaicin Addict said:
My theory has been that they settled for Biden, figuring they could keep him upright and coherent for a couple years, then jettison him for their first 'black' President, Kamala Harris.

Except nothing went to plan. Biden was showing signs of his brains melting out on the campaign trail, and a year in he was clearly not a well man. Worse, I believe Jill Biden is actively resisting attempts to remove her husband because she likes playing Edith Wilson to his Woodrow.

Bad but not insurmountable. Then they found out that Kamala Harris is a fucking black hole of charisma. As I've joked, she makes people long for the charm of Hillary Clinton. And just to add insult to injury, once again, everyone knows she's a whore. There's no chance that if she takes the Presidency she will ever be given even the barest scrap of respect.

So now they're stuck. And I hope they enjoy the taste of the shit sandwich they've made for themselves.
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Kamala isn't even black though. She's Jamaican, Indian, a slaveowner descendant, rich and privileged, a power-abusing prosecutor, a whore AND a black hole of charisma. I would laugh if she's anointed as the TPTB next figurehead.
 
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bigoogabaloogas said:
I'm not that much knowledgeable in international trade stuff, so can anyone tell me if this is a big deal or not?

Report: Key Asian Bloc Looking to Dump Dollar, Euro​

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Indonesia is important cause textiles and a growing aviation sector. Malaysia, Vietnam, Philippines, Thailand are pretty important because of industry like electronics and textiles. I don't have to chops for any legit analysis. Singapore is big though since they're a financial center of SEA. The fact these talks are going on are not to be taken lightly even if it doesn't amount to anything right away.
 
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bigoogabaloogas said:
I'm not that much knowledgeable in international trade stuff, so can anyone tell me if this is a big deal or not?

Report: Key Asian Bloc Looking to Dump Dollar, Euro​

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Short term no, medium term only in policy, long term yes.

Short term, there's a huge amount of dollar inertia, most contracts are already dollar denominated, dollar reserves dominant government and private financial institutions, its dollars all the way down. Nothing will change beyond headlines.

In the medium term, the US may get uncomfortable, aggressive, or domineering - Not specifically full regime change wars, but they're liable to try and identify a new irreplaceable that they can control politically via allies and shore up the dollar. Think Lithium, Nuclear materials, or AI technology, stuff where they already have major influence or close friends who don't want to abandon the dollar who have major influence.

In the long term, it has major impacts to the future of world trade, protectionism, the security of the sealanes as a whole, and basically guarantees the US cannot effectively try to go into a sleeping superpower state where they stop fucking around and focus inward - If they do, they become a peer among many major nations and alliances, and no longer the first multiple top places in the game. There's more to that global power than just military, even if they retain that it only counts for one metric among many.

There will likely be no radical paradigm shift, it will be a slow adjustment as a few supply chains experiment with the different settlements, test their stability and the strength of the partnership. As other existing agreements roll over, they may do the same in other sectors if it has been successful. Expect more dollar hedging the entire way, just in case it blows up, right up until its pervasive and robust enough that there's a sudden drop in the perceived need to have USD as a fallback.

The most radical possible outcome is that this association concludes at some point in the next decade that a dozen fiat currencies are simply too much trouble for handling this, and adopt a backed-by-something approach with one or many centralized settlement centers to avoid spending a fortune moving the actually backing part of the exchange. Its unlikely for political reasons across the board (from trust, to sidelining the govs own currency) but its possible, if not very plausible. I do specify 'backed by something' as gold is a popular idea but anything scarce that they all want and can't just make freely could work.
 
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Kane Lives said:
Kamala isn't even black though. She's Jamaican, Indian, a slaveowner descendant, rich and privileged, a power-abusing prosecutor, a whore AND a black hole of charisma. I would laugh if she's anointed as the TPTB next figurehead.
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So would you have sex with her....not for fun....but to save america. Like make a sex tape with her and release it. Thus removing any hope of her staying in politics.

I mean I wouldnt, but I would make the sacrifice and make kompromat material...of hilary
 
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bigoogabaloogas said:
I'm not that much knowledgeable in international trade stuff, so can anyone tell me if this is a big deal or not?

Report: Key Asian Bloc Looking to Dump Dollar, Euro​

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Hard to say, haven't seen this hit local news yet. Given that Indonesia is heavily pushing this (Jokowi has become extremely leery of the US of late), expect it to gain some traction, especially if it gains backers among say, Malaysia, Thailand or Singapore.

Given the relative unimportance of ASEAN as a whole (although the ASEAN region has always been a popular choice to outsource manufacturing), this probably wouldn't mean much either way, but it is yet another sign people are seeing how the wind is blowing.

northstar747 said:
So would you have sex with her....not for fun....but to save america. Like make a sex tape with her and release it. Thus removing any hope of her staying in politics.

I mean I wouldnt, but I would make the sacrifice and make kompromat material...of hilary
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Hell no. But I'm sure someone here would be willing to take the hit.
 
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Terrifik said:
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hey hey hey FTX hits keep coming & coming
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I've never even heard of Beaxy. It seems like everyone the SEC is going after has an in house token, and Beaxy has BXY. It still doesn't seem like a significant exchange though as they don't even show up in the top 500 for 24 hour BTC volume.

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The market cap is only $85k? That's remarkably low.
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ForTheHoard said:
I've never even heard of Beaxy. It seems like everyone the SEC is going after has an in house token, and Beaxy has BXY. It still doesn't seem like a significant exchange though as they don't even show up in the top 500 for 24 hour BTC volume.

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The market cap is only $85k? That's remarkably low.
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Thats insanely low however someone could have been shilling it saying it would make some people millions, took the cash and ran and thats prob why the SEC is investigating it. Most likely a random shitcoin scam than something directly related to FTX.
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I was right.
web.archive.org

SEC charges crypto platform Beaxy

A top U.S. financial regulator continues to hammer into the crypto industry.
web.archive.org web.archive.org
 
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