[akwoo]

shyams, on 2025-March-14, 13:09, said:

Edit: I did not know there was an Act of Congress about this. I thought the spending mandate was based on past Court rulings.

The Trump administration position, backed by a small but not completely fringe minority of legal scholars, is that this act of congress is unconstitutional.

[thepossum]

Anyone else unhappy at how much MAGA has wiped off our savings so far.

I have a word for what is going on but some people do not like the word

Isn't a bit sad when the US drops from it's wonderful prime investment destination

A bit sad not knowing who is more communist between China, EU and USA
Just hoping my funds managers can use MAGA to good effect like they did Covid

But let's hope the world can avoid going down the same hole they did 100 years ago

The never ending cycle of capital theft, militarism and national socialism

Strange thing, despite all this pulling the rug out of trusted allies around the world, we are supposed to keep sikning our money into the defence industries of Europe and USA. Why? All a bit manipulated situation. Destroy all the good investments, make people suffer and repalce it with war

Sorry for ranting but I find it irritating, arrogant and patehtically ad that at a time the USA and others are undermining their most loyal allies they keep telling us (and some people listen) that we need to keep buying their weapons to follow them into other ill-advised wars. Hopefully this time our little (relatively0 country can learn to stand up for itself and not keep groevlling to the war loving Europeans and Americans

We are coming up to an important day in Australia which strangely has gone fromm remembering the ridiculous brutality of our service men and women being sacrified for petty conflicts on the other side of the world, to being lectured by everyone that we may have to do it again. Sorry wrong language. Our brave service men and women saving our allies around the world from their stupidity

Not sure who our designated enemy will be this time. But most are a bit bigger than us

Actually the perpetual cycle of capital theft and national socialism makes me think of one reading of capitalism sowing the seeds of it's own destruction. That it was cyclical. And would not reuslt in communist utopia

The meek wil inherit the world. Are the meek that lazy and paraistic. Blessed are the peacemakers but apparently peace is achieved by nationalism and arming ourselves to the hilt

[Zelandakh]

thepossum, on 2025-March-17, 23:44, said:

A bit sad not knowing who is more communist between China, EU and USA

MAGA ideals are much closer to Russian fascist oligarchy than Chinese Communism, while the EU has absolutely nothing to do with either (aside from a few outliers like Hungary).

[thepossum]

Zelandakh, on 2025-March-18, 12:39, said:

MAGA ideals are much closer to Russian fascist oligarchy than Chinese Communism, while the EU has absolutely nothing to do with either (aside from a few outliers like Hungary).

Where can we move our investments though. MAGA have demolished about 20% off me so far (equity and currency). I know when the world goes parcohial and national socialist most people don't care about currency. But some of us are international citizens.

And it would be nice to think the leadership are not so petty as to attack oridnary citzens who post on social media but I don't even trrust them that much. Go after Australia today. But if people want to mess with my investments I think I have a right to comment. It's all about trust - ie who do we trust to make us money for our risk. My point is more about control economies versus freedom. Not quite as scary as GFC or Covid yet but 20% is too much poorer for me today. I know I sound selfish but it is all I have and time is running out to keep recovering losses

And BBO may have noticed a drop too. And many other luxuries

Notee I am prone to exgarration. 20% is how much poorer Australia is today - sorry the share market - but any substantial loss is undesirable for some of us, especially combined with currency - hard for BBO