China let that industry get way too big before acting and the few principled people who tried to address it got removed from their positions due to their proposal (correctly) causing a huge market disruption.

Feng Shixin was 100% correct in every single rule they proposed to get this shit under control and their ousting over it is pretty concerning to me in terms of seeing how much power Chinese capitalists have over their domestic entertainment industry.

They’ll fit right in as 51

You’re not gonna believe this but it’s a trio with gaming dipshit Palmer Lucky

Assuming Lula wins reelection one of the principal concerns of the country’s national security interests should be banning U.S.-owned social media companies.

“The bill preserves an exception for forces lawfully called into active federal service under Title 10 and acting under the authority of the President or Secretary of Defense.”

In short: “No militias in our state unless its done lawfully like how Trump already has done it in the recent past should the administration want to again in the future!”

They don’t even leave this out for strategic ambiguity purposes to MAYBE deter the behavior via threat of force which is incredible. They just explicitly state “just go this route we won’t do anything and roll over and show our bellies immediately.”

Useless fucking coward

I think there actually was some incentive here around delaying his date of theoretical death as it related to their governor (Democrat) vs. state legislature (Republican) being the one to appoint a replacement. State legislature seized that power at some point and the bill came into effect like a few weeks after he was hospitalized which caused a lot of the initial conversation/conspiracy

“Saudi Arabia? I don’t know them.” ~Trump 4 months from now

No no no you do it like toilet paper roll advertising

1 plane = 24 planes!

When you’re on the battlefield and suicide drones are overhead don’t forget to pull out your [whatever company bribed its way into the front of the MIC] phone and ask [whatever LLM company bribed its way into the front of the MIC] what you should do.

If any of you aren’t pasted afterwards be sure to explain the situation at your daily standup so we can better train the AI how to respond to your queries.

You should possibly make this its own post because it’s interesting enough to be much more broadly discussed.

Here’s the full article for those also interested: https://archive.is/gXmCN

Removing my analysis here because the deal is too complicated for me to want to try to explain. The shortest version is poorly risk-assessed junk debt pools are being wrapped by insurance companies and sold to other investors as a way to both obfuscate the actual degree of the underlying debts risk have and reduce the risk to existing private lenders should economic downturn occur resulting in bankruptcy settlements which cause the asset (the sold debts) to be settled for less than expected market value. The insurance company wrapping also seeks to sidestep existing regulatory rules that were made in response to the 08 crash by making the regulatory risk assessment boundaries harder to analyze through the obfuscation (which results in systemic riskier-than-regulatarily-allowed but potentially more lucrative investmemt returns for institutional investors AND reduced risk for existing private credit firms (freeing up capital for additional lending/their own debt servicing) should line never go down).

The insurance company wrapping adds an additional layer of explosiveness should economic downturn occur that causes the insurance companies investor risk to falter and then downstream affect every packaged debt asset that their CDO-like financial instrument wrapping covers.

Please read the article- it’s dense but I think I have a decent understanding from it. Someone more capable than me please explain the additional layer of the insurance wrapping and how these wrapped CDOs vary from the subprime mortgage crisis implosion if you have the time please.

It has been so frustratingly difficult finding people in real life who don’t consciously (minority) or unconsciously (majority) frame their analysis of quite literally everything through a transactional lens lately and it’s really got me down

Generally great idea, but the screen size invalidates it for me. Hope they’re successful enough to launch a 2nd round with a 6"+ screen

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ANOTHA ONE WE NEED CRYIN YANKS 4-1 BABY

WE NEED AN UPDATE IT’S 3-1 BELGIUM NOW LMAO

Lemmy development being principally led by explicit communists should help a lot too. I do imagine that instances more aligned with the western spy states will have issues eventually, but hopefully their users will migrate to less censored places over time.

Now if the full western firewall gets created that’s gonna be rough for users. I don’t envy VPNs who are actually privacy-focused trying to breach that.

So the world really is going to have to experience a global energy shortage for this to resolve

This can’t rationally be read as anything other than a direct existential threat to any citizen of Utah

“Oh no I’m on the instance where people will push back against my bullshit”

Incredibly so yes