China’s benchmark Shanghai Composite Index (.SSEC), opens new tab has lost 6% so far in March, compared with an 18% drop in South Korean stocks (.KS11), opens new tab and a roughly ​13% decline in Japan’s Nikkei (.N225), opens new tab.

I don’t see anything about lifting of sanctions. I have a feeling Mojtaba won’t go for it. Unless China pushes him into it with a promise of increased Iran-China cooperation.

This is what I think a lot of folks are missing about the current situation. This won’t be a run-of-the-mill recession. It would be physical, material disruptions in a whole lotta systems in transportation, food, manufacturing, energy, you name it. This means a lot of unemployment. The pandemic and 2008 are gonna look funny conpared to it. It’s not merely a crisis in the metadata (finance) which can be corrected via adjustments. It’s actual lack of a thing we use for everything. Increasing the price of it, which will absolutely occur, won’t make significantly more of it available. It would just change who gets more of the much smaller amount available. And when something gets expensive, the poorer people and countries get less of it than than the richer ones. Which means the crisis gonna get em that much harder.

Maybemaybemaybe

If they can force the question like that to the US, perhaps. But I don’t think they can do that. They would have already done so if they could instead of complain about being asked not to. They don’t seem ideologically predisposed to play hardball like Iran is. Or pehaps their material position to knock Russia’s oil prod is not as strong. Which is the other concern. If they knock a chunk of it offline, enough to trigger regime changes across Europe (through oilprice-triggered recession/depression), but not enough to win the war, then they’d be absolutely fucked and will def lose the war.

If gulf oil supply was still flowing, that would’ve probably made a positive difference.

But with gulf oil supply dried up, if he doesn’t win the war by blowing it all up, where’s the fuel gonna come from for fueling his army, the energy that the European economy needs to supports the war materially and financially? Or the energy fueling China’s production of the electronics and motors Ukraine uses for drone producrion.

If Russian oil production is knocked offline while the gulf’s is dead, we’re entering revolutionary economic conditions and I think the support for Ukraine under such conditions would evaporate.

Called it while discussing the hit on Russia’s oil infra last week.

Material conditions intensify

Based

When I said we, I mean the collective us. I’m in Canada. We cooked too. 😄

Turd Sandwich tries to take a popular stance, regrets his attempt.

If this is the D candidate for prez in 2028, we’re cooked.

Keychron is very good.

The Pentagon hasn’t passed an audit so it would be entirely unsurprising if they find a black hole for Finnish taxpayer money.

I use Home Assistant (running on Yellow) with ZigBee, Matter/Thread and Z-Wave. If I had to start today, I’d get a Pi 4/5 and Home Assistant ZBT-2. I would not run anything else on the Pi. Let HA OS take it over to ensure smooth updates. Then I’d add ZWA-2 if I need Z-Wave. Not you’d need 2x ZBT-2 if you want both ZigBee and Matter/Thread.

They better come with a healthy stock of interceptors.

The US destroying Iran’s arsenal by forcing them to use it on US bases and radar equipment. 🤭

Shit I had forgotten abt that.

My god, Christmas Lounge has been a sanity saver ever since certain elements began insisting on “Christmas music” in December at home.

SomaFM is the GOAT for chillout / ambient / triphop. Been listening to their Groove Salad channel since 2005 and still do to this day. Paying for it for as long as I’ve had a decent job. The only non-FOSS sticker worthy of my university laptop:

Everyone should listen to SomaFM!

I’d think staying silent would achieve this goal.

Also they can now generate content without users, which they already do a lot on Facebook.