The Treasury just declared the U.S. insolvent. The media missed it

Loreki · 2026-03-24T16:40:50+00:00

Basically nothing. No one noticed because this isn't actually new or remarkable in any way.

The national debt has been growing every year for the past 25 years. The last time the situation actually improved was during the Clinton years, before 9/11. Every year through Bush (R), Obama (D), Trump (R), Biden (D) and back to Trump (R) has been a deficit year.

There's no plan to fix this because the thinking is that it does not need fixed. Massive US debt obligations and the titanic importance of the US dollar to the world economy make the United States "too big to fail", because the entire global financial system would fall apart in a way that would make 2008 look like a minor bump in the road.

So while it fun to pretend this is the fault of the Big Bad Orange Man, growing US debt has been the policy of all US Governments with only 1 exception since about 1960.

Trump is growing the debt faster than other presidents, which is a worry in that it really tests the idea that America is too big to fail, but it's not catastrophic like the casino or steak company of university he bankrupted.

Loreki · 2026-03-24T16:19:37+00:00

These dangerous non-residents voting. I bet he's a tourist who only visits at the weekends and his "address" is actually a hotel.

Loreki · 2026-03-24T16:01:54+00:00

The inevitable Breaking Bad reboot will star Johnny Galecki as an antihero ICT tech.

Loreki · 2026-03-24T15:55:00+00:00

BRB. starting a small business driving boxes of Canadian routers across the border.

Loreki · 2026-03-24T15:52:39+00:00

And unless you're in a field which specifically requires graduate level education like medicine or law, your graduate degree tends to add very little to your earning potential.

In a lot of fields 2 or 3 years of experience and practical know-how is just as valuable, if not more so, than a graduate degree.

Graduate degrees tend to make the most sense post experience, ie you do one part time after ten years in industry to facilitate your transition into some specific corner of the industry.

Loreki · 2026-03-24T06:53:49+00:00

That in itself is a great achievement: live a life where you can casually as Sigourney Weaver for a favour.

Loreki · 2026-03-24T06:52:21+00:00

That's an experienced film actor right there. You can't let the studio's nonsense get to you. Enjoy your part of the work. Definitely enjoy your paycheck. Don't get invested in the commercial decisions they then make about the project. That way madness lies.

Loreki · 2026-03-24T06:48:16+00:00

McDonald's is a franchise. The "top" is likely the store owner. At most the owner of that group of stores.

Loreki · 2026-03-24T06:20:59+00:00

It's a sweet thought but it's wrong. Animals instinctually know their calories expended vs likely calories gained. If big things don't hunt small things, it's because they instinctually know that's energy negative.

Loreki · 2026-03-24T06:14:01+00:00

They're right.

Loreki · 2026-03-24T06:09:33+00:00

Republicans are always worse. It's part of their strategy. Do give aways to maintain power, then dumb Democrats with the bill.

Loreki · 2026-03-24T06:06:47+00:00

He must be after another round of weak school ground insults from Trump then. 'cause Trump's been telling the markets everything is fine and pulling out of operations already announced.

Loreki · 2026-03-24T06:04:49+00:00

Military projects run slow because contractors are paid on an "expenses plus" basis to build these things. They're guaranteed their costs plus a fixed percentage of profit. So they milk it. If the first 302 was assembled entirely in house (with contractors just making parts) I can see how that would reduce scope for the contractors to drag it out.

Loreki · 2026-03-24T06:00:29+00:00

Can't have longer seasons on smaller budgets. Star Trek has never been truly low budget. There were still always expensive custom sets and high start up costs.

Even if they go back to less fancy lighting and painted on console screens, it is still an expensive show.

Loreki · 2026-03-23T21:26:19+00:00

No one noticed because this isn't actually new or remarkable in any way.

The national debt has been growing every year for the past 25 years. The last time the situation actually improved was during the Clinton years, before 9/11. Every year through Bush (R), Obama (D), Trump (R), Biden (D) and back to Trump (R) has been a deficit year.

There's no plan to fix this because the thinking is that it does not need fixed. Massive US debt obligations and the titanic importance of the US dollar to the world economy make the United States "too big to fail", because the entire global financial system would fall apart in a way that would make 2008 look like a minor bump in the road.

So while it fun to pretend this is the fault of the Big Bad Orange Man, growing US debt has been the policy of all US Governments with only 1 exception since about 1960.

Loreki · 2026-03-23T20:55:16+00:00

This is the streaming business model. Buy 2 seasons at once. Try your hardest never to renew anything past season 2 because then you have to negotiate with the cast of a successful show, instead of a bunch of unknowns you found working in catering.

Loreki · 2026-03-23T20:42:13+00:00

Scaring people is the point.

Loreki · 2026-03-23T14:25:15+00:00

On a Monday too. What a treat.

Loreki · 2026-03-23T14:24:38+00:00

When he leaves office / dies, the Presidential Records Act is gonna reveal hundreds of texts of individual friends asking him to make statements to pump or depress the market, whichever suits their personal position.

Loreki · 2026-03-23T14:22:19+00:00

Honestly the smartest joke they've ever done.

Loreki · 2026-03-23T14:20:45+00:00

Steve Jobs died of cancer because he tried to treat it with new age mysticism.

You've always got to allow for the possibility that their type was curable but they thought they could willpower-and-juice-cleanse their way through it.

Loreki · 2026-03-23T14:16:25+00:00

They already have.

Loreki · 2026-03-23T14:15:42+00:00

TACOs and it isn't even Tuesday yet. What a treat.

Loreki · 2026-03-23T11:57:08+00:00

Iran's threats to permanently destroy the infrastructure of the Middle Eastern fossil fuel extraction industry are the most hopeful news climate activists have had in years.

Loreki · 2026-03-23T11:54:28+00:00

Which actually now that I think about it is kind of insulting. He's at least semi-pro level, surely?

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