SJ0

joined 2 years ago
[–] [email protected] -5 points 2 years ago (2 children)

shutting down the productive world economy

World record money printing

Government debt at all time highs in every country

Government spending still not under control

"Why would greedy corporations do this?"

We shoot ourselves in the head then blame the ant next to us for the pain in our head. "You must've bit me! Why would you do that?"

[–] [email protected] 3 points 2 years ago

My experiences with Nextcloud have been on another level in general. Really positive. I use it for a lot of things including notes, and its been really solid.

[–] [email protected] 1 points 2 years ago

Typically it'd mostly just go sideways and wait for inflation to catch up.

[–] [email protected] 8 points 2 years ago (4 children)

Nextcloud Notes has become my go-to (Oh look, SJ is advocating for Nextcloud again! How original!)

[–] [email protected] 3 points 2 years ago* (last edited 2 years ago) (4 children)

We're starting to see institutional money leaving housing markets.

The money comes from debt, so as debt costs increase, the profit margin of buying homes decrease. As well, as the amount of money available to a common customer drops as interest rates rise, house prices will have to drop as a function of the laws of physics and mathematics -- The only way to keep increasing prices is to keep finding people who can afford higher prices.

The fact that there are still buyers doesn't mean prices can't drop, it's about the balance of buyers and sellers, and if people are dumping their houses at a loss because they can't afford to keep paying then that'll drive prices down by increasing sellers and decreasing buyers.

It'll play out in a bunch of ways because there's a bunch of stuff out there totally reliant on sucking up debt. Real estate bubbles around the world, zombie businesses, even the rich used debt as a tax vehicle for consumption since you can take out debt without paying taxes.

[–] [email protected] 7 points 2 years ago

If Lenovo had better marketing, their decent lower cost phones should be dominating the market totally.

[–] [email protected] 1 points 2 years ago

You're not wrong, but my point is that we're dealing with laws of math here. You can't just go "Just accept less profit" when the majority don't make enough profit to survive. That money has to come from somewhere.

My mom ran a couple restaurants at different times in her life. She's a high school drop-out who has never had a great job so it isn't like she's some high class capitalist. Both restaurants failed within a year or two, and she came out each time quite a bit worse than she went in. The company in charge of the building locked the doors and kept all her stuff in lieu of rent. It's pretty brutal. She lost all the money she put into it well beyond any money she might have made on the business itself, and she went into debt each time as a result of the failing business as well.

[–] [email protected] 15 points 2 years ago (7 children)

It's sad, but it was obvious that interest rates were going to rise. I refinanced in 2020 with the longest fixed-rate available (and paid a penalty to do so) and dropped my amortization length by 10 years when it became painfully clear we were going to see high inflation from government policies overlapping over each other and there was a chance of the return of high interest rates as a result.

A lot of people will get burned on the way down, but it's good for society if housing is cheaper.

[–] [email protected] 14 points 2 years ago (1 children)

A creepy looking billionaire isn't totally in charge of ActivityPub and can't get more power out of politicians by lending favors to them using it.

[–] [email protected] 1 points 2 years ago* (last edited 2 years ago)

100 million year button rubs me the right way for the same reason, though every time I see Cain I go "Why not go train for 100 years?"

Wish more translated volumes would come out.

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

I mean, I'm aware that you could say the same about many LNs, but I really like this series in particular. Also, the book is a hell mode of reading, often being like 450 pages.

[–] [email protected] 1 points 2 years ago

Friendica is interesting because it's fundamentally different than a lot of the others. It supports ActivityPub, but also other protocols. The view is fundamentally threaded. It supports groups so some parts of the threadiverse can federate with it in that regard and presumably it could too. It also supports RSS, so you can get content from outside the fediverse.

I liked it, especially with a custom skin I set up. My big problem was that it has a php back-end and I needed something way lighter for my tiny at the time server, so I went with pleroma.

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