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this post was submitted on 10 Feb 2025
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TechTakes
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Big brain tech dude got yet another clueless take over at HackerNews etc? Here's the place to vent. Orange site, VC foolishness, all welcome.
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A lot of the reporting is using kids gloves instead of calling out the thinly veiled threats (god our media sucks), but anyone who can connect dots and read the tariffs + greenland + canada 51st state + panama + gulf of mexico news should be able to see Trump's hawkish expansionist dreams pretty easily.
Is this a matter of not following the news, poor critical thinking, or just so much stuff hitting the fan that it's hard to keep up?
On the kid gloves, my bank keeps sending me updates on the state of the world economy and general big picture investment advice (and explaining their own actions). And between a lot of talk on AI, I saw they posted "we are going to take our profits on the usa investments, despite the tarifs being off the table". Which was, esp the first half, an interesting way to suggest to readers that they are pulling a lot of money out of the US and others might be wise to also do so. (Not that they would literally say the latter as 'not financial advice' etc). But yes worrying.
Yeah I already have a lot of non-US stocks, and next week I'm going to rebalance to make them the majority.
I'm not a finance person. My uncle who's in the world of international corporate law thinks things will be fine so maybe I'm being a bit cautious but the way I see it there are a few big issues:
All of this also increases the risk of "black swan" events like pandemics, hacks, the US "investing" all the "savings" they "found" into cryptocurrency schemes, large-scale unrest, or god knows what else.
speaking of, https://www.reddit.com/r/fednews/comments/1ipsasx/firing_the_next_generation_of_scientists_from_the/
Yeah just saw that. It's messed up.
I told my job a couple weeks ago that I'm planning to move out of the US. They need me more than I need them so they might actually help with that; but even if a transfer works out I intend to get out this year one way or another, even if it means a study visa instead of a job.
Even if things magically turn around like some people think my mind is set. Irreversable damage has already been done in my mind. I said in another comment that I feel like a stranger in America now (this is, in a weird sense, kind of a freeing feeling).
speaking from experience, yep. once you make your mind up on a gtfo intent re a bad situation, so much other shit just falls away
it’ll definitely have hard bits, but keep at it. worth it