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Joined 1 year ago
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Cake day: July 1st, 2023

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  • Man, if it were just this then banks would be pretty stable.

    The problem is banks don’t just lend and receive money, they invest. And they invest in everything. And they take super risky bets.

    This is what caused the banking collapse of 2008 and what caused the death of SVB and a few other banks.

    Your bank doesn’t just hold your money and debt, if you rent it almost certainly owns a peice of the company managing your property. It owns crypto assets. It has shares of startups. And it uses those assets to get more money to create more debt.

    Dobb Frank was created to stop some of this, but unfortunately it’s been effectively repealed already.











  • “I mean, sure Israel is murdering thousands of children, expelling people from their homes, bombing a sovereign nation unprovoked, and Israel is bulldozing homes to make way for new settlements. But other nations do bad stuff too so this is obviously antisemitic”

    What’s antisemitic is conflating the actions of Israel with Jewish people. Jews aren’t inherently fascist and fascist Jews aren’t all Jews.

    This is also fucking disgusting as antisemitism is a real thing. Trying to conflate it with Israel critique makes people take antisemitism less seriously which is also dangerous.




  • Well, I’ll just add that even if this is true it will sway nobody.

    Trump is a rapist caught on tape bragging about how easy it is to assault women. Very few Trump supporters are unaware of this fact and yet that are still Trump supporters.

    That he’s assaulted women simply isn’t newsworthy for his fascist followers. He’s hurting the right people and that’s all that matters to them.

    Sadly, about the only thing he could do to lose support would be to insult his followers or the USA. They’ll forgive him for pretty much anything else, including rape and murder.