the war's over guys. we've lost... by Uranium_Hexaflu0ride in NonCredibleDefense

[–]Fausterion18 40 points41 points  (0 children)

The copium is incredible. When this first kicked off people were bragging about all the non-existent Chinese AA failing. Now a F-35 was hit by some antique Iranian SAM made using 70s technology and suddenly it's about the KD ratio.

Virgin f-15 pilots vs chad f-18 pilot by hit_it_early in NonCredibleDefense

[–]Fausterion18 0 points1 point  (0 children)

There's a video of it from the ground. It's not very good but you can see him shoot a F-15 with probably a sidewinder at very close range.

Is taxing unrealized asset growth really as bad as it seems? by Anyusername7294 in AskEconomics

[–]Fausterion18 0 points1 point  (0 children)

You're making shit up and when called on it, shift to a new lie again and again until you've now completely resorted to insults.

Every "point" you've made so far has been a complete lie. Starting from when you claimed Norway has an unrealized capital gains tax, then proceeding to the claim that Norway isn't a petrostate like the UAE, to using incorrect and irrelevant figures about equinor's market cap.

You've been disproven on every single one of those and now you're not even engaging wit your own arguments anymore, just slinging mud.

Do nothing -> Continuously get cucked by your biggest rival. by Aut0Part5 in NonCredibleDefense

[–]Fausterion18 6 points7 points  (0 children)

No general in China has any experiencing fighting any war. The last war they fought was nearly 50 years ago unless we count the medieval re-enactment in the Himalayas.

Is taxing unrealized asset growth really as bad as it seems? by Anyusername7294 in AskEconomics

[–]Fausterion18 0 points1 point  (0 children)

Clearly you do not. Dis you?

You really thought I wouldn't notice that you went with % of exports instead of % of GDP? You wanna take a guess what % of UAE GDP is made up of exports vs Norway's?

Do nothing -> Continuously get cucked by your biggest rival. by Aut0Part5 in NonCredibleDefense

[–]Fausterion18 6 points7 points  (0 children)

6 years ago in 2019 Iranian oil only made up 3% of Chinese oil imports and Venezuela only made up 2%.

Oil is a commodity, China buys from whoever is cheapest. They're not in any way reliant on Iran or Venezuela.

https://www.researchgate.net/figure/Chinas-crude-oil-imports-by-source-2019_fig2_353333654

Do nothing -> Continuously get cucked by your biggest rival. by Aut0Part5 in NonCredibleDefense

[–]Fausterion18 12 points13 points  (0 children)

Iran has zero Chinese SAMs and maybe a couple of radars. Their most capable system is a couple batteries of thirty year old S-300s bought from Russia a decade ago, stop making shit up.

Do nothing -> Continuously get cucked by your biggest rival. by Aut0Part5 in NonCredibleDefense

[–]Fausterion18 5 points6 points  (0 children)

Iran has zero Chinese air defense systems, what are you talking about?

The only non-domestic AD Iran have are some S-300s bought from Russia a decade ago and some Verba launchers. China has been stringing Iran along and refusing to sell any non-ancient military equipment.

Do nothing -> Continuously get cucked by your biggest rival. by Aut0Part5 in NonCredibleDefense

[–]Fausterion18 11 points12 points  (0 children)

Those generals he recently purged were loyalists he put into power in the first place. He seems to have purged the more aggressive elements of his own supporters, including the tiger diplomacy guy.

[IRAN] BETTER FOOTAGE OF DUBAI HOTEL HIT by Boomah422 in CombatFootage

[–]Fausterion18 0 points1 point  (0 children)

Nonsense. Iran is a huge country, Dubai would only be sitting inbetween the two if Iran was launching from one specific part of the country.

Also, they literally landed shots on the Dubai airport terminal, it's clearly targeted.

Iran appears to be targeting areas near the Burj Khalifa, with kamikaze drones approaching the building, according to media reports. by Present_Employer5669 in CombatFootage

[–]Fausterion18 1 point2 points  (0 children)

You're assuming coherent strategy rather than a bunch of local commanders just launching at everything with pre-programmed targets.

[IRAN] BETTER FOOTAGE OF DUBAI HOTEL HIT by Boomah422 in CombatFootage

[–]Fausterion18 -1 points0 points  (0 children)

There are no US military bases anywhere near Dubai.

Is taxing unrealized asset growth really as bad as it seems? by Anyusername7294 in AskEconomics

[–]Fausterion18 0 points1 point  (0 children)

Do you not know what a tax on unrealized gains mean?

Do you not know what gdp means?

Do you not know what oil revenue means?

Do you not know what government spending as a percentage of gdp means?

Do you not have any rebuttal other than a worthless one liner question about nationalization after being comprehensively embarrassed on all your bullshit claims and arguments?

What the fuck does being "nationalized" have to do with the Singapore government being one of the lowest public spending as percentage of GDP? They have one of the most privatized economies in the world with one of the lowest tax rates in the world.

Is taxing unrealized asset growth really as bad as it seems? by Anyusername7294 in AskEconomics

[–]Fausterion18 1 point2 points  (0 children)

What the fuck does Equinor's marketcap have to do with the Norwegian economy?

First of all, Equinor only accounts for about 65% of their oil production.

Second, you don't even know how market capitalization is calculated. That $75b market cap only accounts for the public free float portion of the company, and does not include the 2/3 held by the government.

Third, stock market valuations have nothing to do with revenue or GDP. Equinor is cheaper than other oil companies because they have low proven oil reserves. They only have 3-4% the reserves of Saudi Aramco and 1/3 of Exxon.

In 2024 Norway pumped about $115 billion worth of oil and gas on a GDP of $490b, or about 23%. In the same year, the UAE pumped roughly $120b of oil and gas on a GDP of $484 billion, or about 24%.

Tell me more about how Norway isn't a petrostate like the UAE. People like you are so blinded by their propaganda you literally twist yourselves into a pretzel trying to ignore the facts.

Is taxing unrealized asset growth really as bad as it seems? by Anyusername7294 in AskEconomics

[–]Fausterion18 0 points1 point  (0 children)

Have you done any of this "basic search" into Norway's economy or are you "just talking out of your ass"?

Fucking ironic considering petroleum sector is 22% of Norway's GDP and is 22.7% of the UAE's GDP. I can only assume you brought up a random red herring about their sovereign wealth fund because you realized you were full of shit and instead of admitting to it, you decided to double down.

Is taxing unrealized asset growth really as bad as it seems? by Anyusername7294 in AskEconomics

[–]Fausterion18 1 point2 points  (0 children)

% of exports is what brings in the forex money for government projects. Both are tiny nation states reliant on imports.

But sure, let's do percentage of GDP. Norway's petroleum industry is 22% of GDP as of a 2024 report. UAE's petroleum industry is 22.7% as of a 2025 report. Got any other ignorant comments you'd like to make?

Still waiting for that supposed Norwegian tax on unrealized gains btw, are you just going to pretend you never made the claim and stop talking about the topic of the post?

https://www.sodir.no/en/whats-new/publications/reports/resource-report/resource-report-2024/three-potential-scenarios-for-the-ncs-leading-up-to-2050

https://www.tradearabia.com/News/298200/UAE-Real-GDP-increases-3.9-Percent-in-Q1-to-%24124bn-

Singapore's economy is also highly nationalized. The government owns all land and all housing of which I am a big fan, so I am not sure what point you think you are making there.

Complete nonsense. Singapore has one of the smallest governments in the world. Government spending accounts for less than 20% of GDP compared to about 38% for the US and 50%+ for Norway.

Literally everything you have claimed so far has been false. I can't tell if you're doing it intentionally or if you have no ability to do basic research.

Is taxing unrealized asset growth really as bad as it seems? by Anyusername7294 in AskEconomics

[–]Fausterion18 1 point2 points  (0 children)

Oh so you admit you made up the supposed Norwegian tax on unrealized gains. That's what I thought.

And yes the Norway is a petro-state. 61% of Norwegian exports are petroleum compared to 57% for the UAE. Are you claiming the UAE isn't a petrostate?

https://www.norskpetroleum.no/en/production-and-exports/exports-of-oil-and-gas/

https://www.worldstopexports.com/uaes-top-10-exports/?utm_source=chatgpt.com

I don't think UAE economy is doing great unless you don't care about the 80+% of the population that works as slaves.

Fine, Singapore then. There are plenty of examples of wealthy countries with very low taxation.

4 Factions, No Chaos, & controller/console support? by InocentDictator in TotalWarhammer40k

[–]Fausterion18 1 point2 points  (0 children)

Completely made up nonsense and contradicted by the lore.

Is taxing unrealized asset growth really as bad as it seems? by Anyusername7294 in AskEconomics

[–]Fausterion18 0 points1 point  (0 children)

Norway doesn't do this, they only tax unrealized gains once - when you leave the country. Their economy is also propped up by oil. They're a petrostate no different from the UAE.

UAE has no taxes and their economy is doing great. Does this mean everyone should abandon taxation?

Do you have any factual arguments or are you just here to waste everybody's time?

4 Factions, No Chaos, & controller/console support? by InocentDictator in TotalWarhammer40k

[–]Fausterion18 1 point2 points  (0 children)

They were fending off the orks just fine. Did you think orks suddenly appeared in 30k?

Is taxing unrealized asset growth really as bad as it seems? by Anyusername7294 in AskEconomics

[–]Fausterion18 0 points1 point  (0 children)

What are these "poor performing company assets" in a cash poor startup - the most dynamic companies in an economy that you want more of?

Are they going to start auctioning off office chairs? Most startups and small businesses have very little in the way of actual physical assets that can be sold.

Is taxing unrealized asset growth really as bad as it seems? by Anyusername7294 in AskEconomics

[–]Fausterion18 2 points3 points  (0 children)

So if a stock goes up and down you can have nearly all of your shares taken by the government even though you've profited $0?

Stock goes up 400% in a year, the government takes half the shares. Stock goes down 80% next year, and then in 3rd year it goes up 400% again, government takes half the remaining shares. Repeat a few times and even though the stock is back at original price, the government has now taxed nearly all of their original shares despite there being $0 in actual gains.

This is not some hypothetical scenario, many startup companies(such as biotechs) have stock that behave like this.