this post was submitted on 11 Jul 2024
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News

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[–] [email protected] 163 points 1 month ago (1 children)

Again: do it. The sooner we can cast off the yoke of the Middle East's hold on our power generation via oil, the better. Things like this can only accellerate the process: good. Keep it up and accellerate even more.

[–] [email protected] 17 points 1 month ago (3 children)

Just a tip, in political circles acceleration is generally a term to avoid. It's a loosely defined, dogshit ideology. https://en.m.wikipedia.org/wiki/Accelerationism

[–] [email protected] 55 points 1 month ago

True, but I'm only talking about specifically cutting ties with the M..E (gradually) and transitioning to a green energy model ASAP, not about the wider political implications.

[–] [email protected] 19 points 1 month ago

It's very clear that's not what OP was talking about

[–] [email protected] 112 points 1 month ago (3 children)

i am starting to think excessive rich people are not THAT good for society

[–] [email protected] 43 points 1 month ago (2 children)
[–] [email protected] 21 points 1 month ago (4 children)

I know that no one is actually serious when they say this, but I think all it would take would be one.
If we just drag Bezos or Musk out in the streets and have an actual barbecue with them I feel like the rest would start to support a wealth tax pretty fucking quickly.

[–] [email protected] 10 points 1 month ago (1 children)

The rich would use the media to create a zombie style fear of the average person and sow paranoia to rouse security systems like police and national guard to action. They would lock down everyone rather than suffer losing one person.

Keep in mind that eating just one rich isn't as scary as the promise of eating more. The rich will use their their considerable resources, and cooperate, to stop them from succumbing to populist hunger.

[–] [email protected] 9 points 1 month ago

I have to say, all that work makes the meat sound tastier to me lol.

[–] [email protected] 8 points 1 month ago* (last edited 1 month ago)

You got me hungry, I wonder if it would be like eating an aged veal? 🤔

[–] [email protected] 5 points 1 month ago

Nope gotta taste them all.

[–] [email protected] -1 points 1 month ago

You won't drag anyone.

[–] [email protected] 9 points 1 month ago (1 children)

Dibs on the Bezos bbq ribs

[–] [email protected] 8 points 1 month ago

Yep you keep your Bezos ribs.

I'll need more sauce

[–] [email protected] 1 points 1 month ago

Money is not true value, currency is a placeholder for true value that is used to facilitate trade. Rich people are worth less than the profits they extract from coordinating labor. But they extract enough to think they're still better than those they exploit.

[–] [email protected] -4 points 1 month ago

You're on a list now.

[–] [email protected] 55 points 1 month ago

Call. Their. Bluff.

[–] [email protected] 46 points 1 month ago

We'll see if Saudi Arabia's attempt to control the West works this time. They sure do a good job with the U.S. despite being behind 9/11.

[–] [email protected] 32 points 1 month ago (1 children)

Sell to whom? Do Euro bonds work differently than in the US?

You can sell bonds in the US and it's only slightly different from selling a stock. The bond changes hands, but the government debt and interest payments remain static. (The buyer and seller get to deal with premium/discounts and accrued interest, but that has zero effect on the underlying debt from the issuing government)

I don't understand why this would be a bad thing for them to sell.

[–] [email protected] 19 points 1 month ago

Europe is selling new bonds all the time, and the price buyers will be willing to pay for them will fall.

[–] [email protected] 24 points 1 month ago

Using bonds to blackmail the European Union? I hope they will be barred from buying bonds for all eternity.

[–] [email protected] 11 points 1 month ago (2 children)

And how much UAE assets is held in Europe?

[–] [email protected] 10 points 1 month ago (3 children)

Do they have anything other than oil?

[–] [email protected] 16 points 1 month ago

Bonesaws, sand, slavery, and abusing women.

[–] [email protected] 8 points 1 month ago (1 children)

I'm sure they have a large pile of money parked in Europe, just like Russia does.

[–] [email protected] 1 points 1 month ago (1 children)

Ah, sorry. I read your comment backwards.

Of course confiscating UAE assets would be a gigantic escalation and will never happen. 😔

[–] [email protected] 1 points 1 month ago

EU is working of confiscating Russian funds so a precedent is coming.

[–] [email protected] 3 points 1 month ago

I know they have lots of luxurious properties in France

[–] [email protected] 4 points 1 month ago

How many elected officials are there in Europe?