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Cake day: May 19th, 2025

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  • The only way in which shares can more-or-less translate to real money at their face value is if you use them as collateral on a loan. This is how rich people are rich: they use their shares to take out loans which provide them with spendable money. Money now is always more valuable than money in the future, due to inflation and opportunity cost, so most rich people are almost always in monumental amounts of debt, but because they were able to spend a bunch of money up-front, they’re able to invest in things that bring them even more money to pay the debt off. Example: if you had the money to buy a house and rent it out to tenants, the rent you receive will EASILY cover the mortgage - the trick is getting the collateral to get a mortgage to begin with.

    The only danger is that banks and lenders write in a clause that if your share prices (ie the collateral the loan relies on) drops below a certain value, you are forced to sell the shares off and give them the proceeds, so that they can recoup at least some of the money they lost on your bad collateral before it devalues completely. This could, theoretically, happen to Musk if $TSLA drops below a certain threshold, which is what half the Internet seems to be hoping for.







  • This however highlights the fact that foreign students used to be a source of revenue for the USA. This is wealthy European money that was getting spent in America but now will likely be spent somewhere else.

    This is also denying American Harvard business students the opportunity to establish lucrative connections with European money. You’ve heard of “it’s not what you know, it’s who you know”? Poor Harvard students on a full scholarship who plan on setting up their own business someday could have benefitted from being classmates with the future queen of Belgium.

    My point being that even if you fully subscribe to “America first”, this is still a really dumb policy that’s shooting America in the foot. Foreign students studying in America were, by definition, bringing money into America. No longer.







  • Bravo@eviltoast.orgtomemes@lemmy.worldUS Justice System
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    1 day ago

    Alternatively, and I’m playing devil’s advocate here, but maybe there was more concern that someone might try to assassinate Luigi. After what happened with Jeffrey Epstein, authorities might have figured “the people will lose their minds if Luigi dies in custody, so let’s not take any chances”.



  • I honestly think it would be interesting to play a game by sound alone, where you play as a blind person (maybe Daredevil or Zatoichi or something) and you navigate the world by listening. Ironically, it’d probably need to be on a VR headset so that the game can detect you turning/tilting your head and adjust the stereo balance accordingly.

    Maybe Zatoichi would be best, as you could hear an enemy swinging a sword like “SHING” and “SWOOSH” etc, and maybe that would give you enough information to block or dodge. You’d probably also need haptic feedback to tell you when your blade connects.

    Maybe there could be graphics, but only to recreate the sense of smell, like the screen is pure black except when you smell something and then a word appears on the screen like “rose” or “blood” etc.