• 7 Posts
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Joined 2 months ago
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Cake day: January 24th, 2025

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  • I mean you’ve certainly thought it through. It’s just that international bonds and stocks can not be expected to perform well under a US downturn, because the US basically props up the entire world economy, being the home of most international companies and the world reserve currency and the most in debt country on earth. When the US crashes, usually the rest of the world crashes even harder. Idk bonds don’t interest me at all nor do foreign stocks. 20 years is a long time to wait and I see no reason in the future to believe that bonds will go up, every reason to see them collapse further: regime change, debt default, etc. In this case zooming out is an example of historicist bias. The future is not like the past.

    Where did you get a 4% money market? But again, inflation has been over 4% during Covid and ~3% since. Under Trump it could get worse if the USA falls out of world reserve currency status.


  • While it’s good to have money to spend on stocks in my 20s I invested every penny I earned into high yield etfs. It really paid off. This could be the drop you need. At the same time a rule that has always worked well for me is never keep cash. Cash only ever goes down in value. Bonds have never worked for me either, do you really want to invest in a government that has so much debt? They are going to default someday, or worse, and the performance of bonds has not been great in my lifetime. If you are going to keep cash, put it in CDs, but IMO you just keep transferring from high yield stocks in a good economy to low yield safe stocks in a bad economy. And gold in a dangerous economy. But never cash.

















  • It’s possible via government enforcement of ai safety standards, potentially even nationalization, but most importantly via workers refusing to implement unethical systems.

    I’m confused about your installation argument. AI is preinstalled on the new Windows and Mac machines. AI operators will be as important for office work as GPT is for developer acceleration these days.

    Well it’s a problem related to IT for us as IT workers. And in the end we wouldn’t have most of the benefits we receive in the USA and Europe without workers movements of the 20th century, like the weekend. But obviously worker unions should collaborate, like CWA joining code and journalists.

    I live in the USA. A good AI researcher can easily make $400k in the states. But if you don’t like your salary, unionize.