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Cake day: January 22nd, 2025

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  • Interestingly, from a macroeconomic standpoint, “wasting” a ton of money by spending it on something that won’t ever yield profit but instead goes to pay people’s salaries, build infrastructure, and conduct intense focussed research and development of computer and energy hardware and systems could actually be a good thing for the economy. Not for the tech companies per se, but it’s a lot more productive than the circle jerking fraud of the mortgage derivatives crisis for instance. Yes, NVDA will eventually correct, but it’ll leave in its wake a huge glut of computing power, pumped up local economies across CA especially, and oversized power distribution infrastructure that could readily be used for anything else really.



  • The deal is we get our hands dirty and the rest of the capitalist world gets cheap oil. It’s very bad obviously but it’s not any different than what we’ve been doing for decades. We do a bit of negotiating with places like Nigeria and Venezuela, enough to get some infrastructure built and get some boots on the ground to prove reserves and infiltrate the government, and then when it make sense we provoke a hot war, destroy their defense infrastructure, replace it with our military base/contractors and profit. Cheap oil from Russia is drying up and Europe is thirsty. The Middle East is a lot less easy to control. The playbook has always been to exhaust the reserves furthest away from our ports first (Middle East, Caucasus) and then when the time is right swoop on the easier stuff. Venezuela and Nigeria have always been on the menu.













  • To all our readers on Lemmy,

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