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Cake day: July 3rd, 2023

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  • So you run it by James Paterson, Inc. (or the estate of Tom Clancy or whoever fits best) get his name above yours and now you’re contracted to release new novels at an absolutely breakneck pace, but you have your foot in the door and can become the more famous writer who can release their own novels.









  • meeeeetch@lemmy.worldtoMicroblog Memes@lemmy.worldA tooth based economy
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    22 days ago

    Look, with the tariffs going up but insufficient infrastructure to replace the imported goods, it’s only a matter of time before we have backyard steel mills. And with the spread of bird flu, you know they’re going to control it via ‘kill all the birds’.

    For as much as they claim to hate Communist China, they’ll be doing Mao’s greatest hits in no time.











  • But we’ve made every payment on that debt since we started borrowing. If lenders can’t count on those debt payments, they lose some faith in the currency that undergirds the world economy.

    This is quite bad, regardless of where you live.

    Future borrowing, both public and private, becomes more expensive (higher risk demands higher returns). This is bad if you live in the US.

    People involved in international trade start questioning if the USD is really what they want as the reserve currency (the Dollar is the go between for all other currencies, so if you’re in Europe trading with Japan, you exchange euros for dollars for yen, which while a bit cumbersome, is wonderfully predictable) and what they might want to use instead (euros? renminbi? rubles? The chaotic world of direct exchanges of currencies?). This is bad if the country you live in imports goods that you need or exports goods that other people need.