IPeaceInYourFace

joined 2 days ago

It never will be.

This asset can be used as collateral for leverage. So now the owner has it, they can use it to put up maybe around $30,000,000 if they have a good enough relationship with a broker.

Because of the way America is right now too, they can give trump a 10m cut if he slides a particular stock one way or another.

President gets 10m, punter gets got knows how much, and nobody is any the wiser.

It's the same with art, but with art, it's a lot more speculative, which is why you have so many god awful contemporary pieces, because again they'll pay an appraiser to say it's worth 100m when it's a handful of beans on a canvas, and then use that as collateral.

These are just infinite money glitches for the rich.

In all seriousness, there's nothing stopping you and your friends and their families from doing the same thing, but because it's not the system they designed they're going to be skeptical of it and not want to do that.

[–] IPeaceInYourFace@lemmy.world -1 points 1 hour ago (1 children)

If voting mattered they wouldn't let you do it.

Too many people have too much power and control over the system. We just have the illusion of influence.

Petitions are the perfect example, it gives people the illusion that they're having an effect. But in reality, when those 10k petitions are hit, it's up to the houses discretion whether they even want to talk about it.

[–] IPeaceInYourFace@lemmy.world 1 points 1 hour ago (1 children)

Yea I'm all for it.

It's a toxic place full of political propaganda and dangerous mechanics designed to hack their dopamine systems.

Is it the best option? No. Digital literacy about the effects of spending time online, and being taught what it is they're actually giving their attention would be best.

But this will have to do for now.

If this doesn't happen, we're going to have a whole generation of people who never learnt to think for themselves, have absolutely no impulse control whatsoever and who knows what else.

The ways they find around it, again, are good - because they'll probably be free from agendas by other state actors and profit at their expense.

I'm gonna be perfectly honest, I didn't think ANY Americans could afford healthcare.

I hope somebody liberates that country. I feel sorry for poor everyday Americans. It's like north Korea.

I don't care. I'm here for a few short years. I'm going to choose to enjoy the good things in life instead of moaning. Like a cold glass of water on a hot day, or a piece of cheese.

[–] IPeaceInYourFace@lemmy.world 1 points 7 hours ago

As long as you know that Finviz sells a story, and not the truth then that's good.

The stock market is a casino, and the house always wins

[–] IPeaceInYourFace@lemmy.world 13 points 1 day ago (2 children)

'MURICA!

I genuinely feel so blessed I don't live in that country.

Everybody does a desk pop!

Just remember this guy is a scapegoat. The real evil dudes got away Scot free... As they always do

Yea we know. That's why we're here and not on Reddit

 

Nobody wants to spend their free time dwelling in negativity, so I'd like to know what Lemmys to subscribe to?

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