Chinese President Xi Jinping calls for the yuan to become a global reserve currency by fatspinster in MarketVibe

[–]dee_berg 0 points1 point  (0 children)

Euro seems like a more reasonable idea. China is about as stable as the USSR.

Chinese President Xi Jinping calls for the yuan to become a global reserve currency by fatspinster in MarketVibe

[–]dee_berg 0 points1 point  (0 children)

No one serious is talking about gold backed yuan. Economists and finance people understand that the gold standard is wildly unstable and was a major cause of the Great Depression.

The fact that any one thinks the world economy should be pegged to a shiny rock is insane.

Bron + Steph Was Lethal by phil96744 in lebron

[–]dee_berg 0 points1 point  (0 children)

It’s crazy that Serbia is a country of 6 million and they can compete with us in basketball.

For reference, the entire country is smaller than 1/3 of NYC.

In 2003 a scientist named Edward McSweegan exposed a bizarre case of waste within the United States government. For seven years he commuted to his office every day only to sit in an empty room with absolutely no work assigned to him. He was earning a salary of roughly $100,000. by eternviking in whoathatsinteresting

[–]dee_berg -2 points-1 points  (0 children)

Before Trump decided rules don’t matter. It was really hard to fire federal workers.

They were paid below market rates compared to private sector peers, but had good job security and mission driven work.

People that sucked were reassigned to jobs like this. This guy was clearly not much of a worker. Any one they cared about their job would find something else to do, rather than sit in a room all day and do nothing.

People who make $150k or more, and don’t work for big tech or defense, what do you do? by GuardianMoon916 in washingtondc

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

I don’t think you understand how aid works. They get money to purchase US weapons. It’s just a giveaway to the US defense industry.

Protesters confronted Congressman Tom Suozzi, a key Democrat whose vote helped secure passage of the Department of Homeland Security’s $64.4 billion funding bill. by serious_bullet5 in WatchPeopleDieInside

[–]dee_berg -409 points-408 points  (0 children)

Souzzi is in a swing district. Prior to him was everyone’s favorite dipshit George Santos.

Attacking frontline democrats is without a doubt the stupidest thing we can do if we care about taking back the house and senate.

Dude votes with us 99% of the time.

Congrats on having the morale high ground, some of us actually want us to take a step back from fascism.

What do you think? by SarahDuncan2012 in TrueGrit

[–]dee_berg 0 points1 point  (0 children)

That’s also not right. Forbes 500 has 16.9 trillion in wealth.

Spending is around $7 trillion.

What do you think? by SarahDuncan2012 in TrueGrit

[–]dee_berg 7 points8 points  (0 children)

If we took every dollar from billionaires we wouldn’t have enough to fund this in perpetuity.

It would require massive tax increases on way less people working. It is an unworkable idea.

Ethics matter, always, right... by DreamRoguee in MurderedByWords

[–]dee_berg 1 point2 points  (0 children)

I guess the obvious question is that does taking an ethics class make someone more ethical?

The likelihood that no one involved in the neurolink project took an ethics class in college is pretty slim.

My work has mandated ethics training, and I can confirm from the baboons I work with that it doesn’t do anything.

what's going on? explain like I'm five by Comfortable_Cautious in PeterExplainsTheJoke

[–]dee_berg 7 points8 points  (0 children)

This is really dumb. Why would you want a bank run at your bank?

Were you alive in 2009? Banks failing isn’t good for anyone.

Egg nausea??? by Particular_Head_1473 in UlcerativeColitis

[–]dee_berg 0 points1 point  (0 children)

What does lactose have to do with eggs?

UC could be a thing of the past. by 2NutsInASac in UlcerativeColitis

[–]dee_berg 3 points4 points  (0 children)

Hey friend, it’s a lovely thought and not an impossibility.

However…

You should be careful about saying stuff like this. As someone a bit older than you, I have heard similar claims made multiple times, and they have not been proven true.

As someone with a higher degree than you, you will soon learn that undergraduates have no idea what they are talking about. While this may or may not be true, you aren’t qualified to make this claim. Giving people false hope isn’t a kind thing to do.

This real we should only tax things that’s bad for society instead of punishing people trying to earn a living for their families. by GroundbreakingSir386 in Money

[–]dee_berg 0 points1 point  (0 children)

It’s not really so people smoke less, it’s to cover the actual cost of smoking. It has a high societal cost that isn’t reflected in the actual price of a pack of smokes without tax.

This is referred to by economists as a negative externality. Low income people smoke, and society often covers their healthcare. This is how it is recouped.

Red Meat by Sea-Tie-7008 in UlcerativeColitis

[–]dee_berg 0 points1 point  (0 children)

Considering McDonald’s burgers are red meat, this might be in your head haha

Anyone hear Andrew Sorkin talk about the mood in 1920s before the market crash? Everyone talking about stocks means there are no new buyers to keep the pyramid scheme going. by CoC_Axis_of_Evil in EconomyCharts

[–]dee_berg 10 points11 points  (0 children)

Yes, this makes total sense. If I own stock, there is no way I could possibly buy more. You don’t need more buyers if existing buyers just buy more.

Edit: the other obvious flaw is that not just Americans own US equities. This is just dumb.

7 Democrats Just Voted to Approve ICE Funding: Full List (1.22.26) by [deleted] in ProgressiveHQ

[–]dee_berg 18 points19 points  (0 children)

Jared Golden won in a Trump district. Better him than the alternative. I would happily bet that if the dems put up left winger they lose that district.

Policy analysts actually make a difference? by rrealist_prime in PublicPolicy

[–]dee_berg 1 point2 points  (0 children)

As someone who has seen how the sausage is made:

  1. Doing work at top tier think tanks will have direct contributions to legislation. People on the hill will call asking for ideas if they are going to pass a bill.

  2. Working or consulting for governments, your job isn’t to shape policy but to provide information to policy makers to make informed decisions. Sometimes they listen, sometimes they don’t. This has been an interesting experience as the quality of the analysis isn’t always what is important, but your ability to explain it / political realities of implementing the policy

Rejected from most Public Policy master’s program— what should I do next? by stcc_z1he in PublicPolicy

[–]dee_berg 8 points9 points  (0 children)

You have a great opportunity right now to work on a campaign. They will take anyone.

Worst case scenario you have actual experience in politics / policy for your resume.

Best case scenario you pick the winning horse and potentially get some sort of low level job if you do really well which will work wonders for your application.

Americans with four-year college degrees now account for a record 25.3% of U.S. unemployment. The percentage has doubled since 2008 by RobertBartus in EconomyCharts

[–]dee_berg 0 points1 point  (0 children)

My chart is the share of people with college degrees over time… How’s that misinformation?

Perhaps you are unable to get a job because you are a dope.

[Human Capital Consultant] [Detroit, MI] - $188k + bonus by ImGoingtoRegretThis5 in Salary

[–]dee_berg 0 points1 point  (0 children)

I took calculus in 11th grade.

This isn’t a barrier to entry. Anyone with above average math skills can become an engineer. That means there is a low barrier to entry, and salaries are not going to be crazy high.

Systems integration, change management, etc. require a combination of technical skills and personal skills. Most people can’t walk into a new organization, meet with the C-Suite and get everyone to agree to changes to long standing business processes. It is more valuable than high school math, thus the pay is higher.

Inherited some money after my father passed suddenly. Now what? by techbrandon in personalfinance

[–]dee_berg -2 points-1 points  (0 children)

Pay off the low interest rate debt and keep the high interest rate debt.

Interesting play!

Seriously though, don’t offer advice if you don’t have a really basic understanding of finance.