beautifulfreak

China is actually dumping US treasuries, as of the start of 2023. https://www.youtube.com/watch?v=SSbzefh0VEM They've found new ways to trade in dollars without using US or European banks, so their assets can't be frozen (such as by the use of Tether) so US banks aren't getting paid. As for cross-border trade, 53% of it is now conducted in RMB, with USD falling to 41% (and continuing to decline). US economic policy towards China is backfiring on many fronts, the worst being that Chinese companies have adapted and now produce what they used to import, even advanced technologies. If the export controls were lifted, Chinese companies would not resume business with US companies, because they don't need them anymore.

https://www.zerohedge.com/geopolitical/start-de-dollarizatio...

Comment · 2 years ago

Who makes the real profit on Ozempic/Wegovy? In the US, that would be Pharmacy Benefit Managers, who are middlemen between drugmakers and US health insurance companies. They have no shame in the exorbitant amounts they mark up prices. https://www.youtube.com/watch?v=QYP5urTEWIA

Comment · 2 years ago

https://archive.ph/QfrcT

Comment · 2 years ago

It didn't just replace the sky and background, it replaced the trees. That wasn't part of the instructions.

Comment · 2 years ago

I'd like to see an overlay showing which red areas are also college towns. Did easy student loans help fuel the increase in rents? That's what happened where I live, where dormitories are mainly for new undergrads. After a year or two, students are expected to find apartments. (And I wonder if something similar would happen if Universal Basic Income became a thing.)

Comment · 2 years ago

~2.6 teraflops FP32 (CPU) for the M3 Max.