Post Axm5vMdrFpSce2BWTo by oz@mastodon.social
 (DIR) More posts by oz@mastodon.social
 (DIR) Post #Axm312TgpwMnyxRXSS by cjd@pkteerium.xyz
       2025-09-01T20:56:37.058608Z
       
       1 likes, 0 repeats
       
       DAY OF THE PILLOW
       
 (DIR) Post #Axm3lKsOlPR2Mh4nQW by cjd@pkteerium.xyz
       2025-09-01T21:04:59.106847Z
       
       1 likes, 0 repeats
       
       Pension funds: What everybody already knows.
       
 (DIR) Post #Axm5vMdrFpSce2BWTo by oz@mastodon.social
       2025-09-01T21:23:08Z
       
       1 likes, 0 repeats
       
       @cjd Equable is also blaming Trump's "Liberation Day" for these losses.https://equable.org/liberation-day-pension-losses/
       
 (DIR) Post #Axm6AdYycjFNT8BUqe by cjd@pkteerium.xyz
       2025-09-01T21:31:57.770089Z
       
       0 likes, 0 repeats
       
       I'm sure they are, but that just means they invested in a lot of businesses that made a lot of money under a certain regime (shipping jobs overseas) and that regime has changed and so those businesses are losing money.If you take their logic to its extreme then you'd conclude that nothing should ever be changed, even if it's provably a terrible idea - which is kind of what gerontocracy does - because people who are going to be dead in 5 or 10 years do not care about birthrate, or jobs, or whether there will be any pensions left for the next generation, because they're all going to be dead...
       
 (DIR) Post #Axm7zgMa4YxMsNI47U by cjd@pkteerium.xyz
       2025-09-01T21:52:23.388884Z
       
       1 likes, 0 repeats
       
       What this boils down to is that elections are plain and simple a bad way to make decisions.The idea of killing people because they're old and they have opinions is evil and ridiculous. But the idea of letting them hold a nation hostage and drive it off a cliff is obviously unworkable as well.The way things are working now is that the "voice" young people have is to not reproduce, not work hard on their careers, and refuse military service (under threat of violent revolution if pressed).This comes to a head when the country is geopolitically sidelined and it eventually comes back to the elders in the form of financial crisis and inflation.
       
 (DIR) Post #Axm80fMLI40k3IeEiW by oz@mastodon.social
       2025-09-01T21:39:24Z
       
       1 likes, 0 repeats
       
       @cjd Also true.I think that the "shock therapy" methods were unnecessarily disruptive, but well Trump seems in a hurry to mark US history — he's an old man too after all. ¯\_(ツ)_/¯
       
 (DIR) Post #Axm92M0EKRkYYHfq0e by cjd@pkteerium.xyz
       2025-09-01T22:04:05.340758Z
       
       1 likes, 0 repeats
       
       I *think* that Trump's second term was approved by the top elites in the US because something made them really panic.Ever since the 2024 election, there has been an acceptance within the power-elite, which Trump never had before then.It's possible that a combination of October 7th and the near-crisis on the Texas border spooked them because they realized that under a president who is uninspiring to military aged men, the US might enter a crisis situation serious enough that its military is unable to take action - and it wouldn't take very long for Iran to smash Israel and then overthrow the king of Saudi Arabia to establish a single middle-eastern super-state.The tariffs he imposed are the obvious move if your intention is to help the blue collar worker - who is also the war-fighter. And the shock methodology is necessary in order to get the best negotiations possible from other countries around the world...
       
 (DIR) Post #AxmlHEmxEHzGmOzKq0 by Java@freeatlantis.com
       2025-09-02T01:04:52Z
       
       1 likes, 0 repeats
       
       @cjd  And just who are these rich pensioners that can't do anything for themselves? 😆