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submitted 2 days ago by yogthos@lemmy.ml to c/worldnews@lemmy.ml
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[-] umbrella@lemmy.ml 9 points 1 day ago

poooooooooooooop

just POP already omg

[-] orc_princess@lemmy.ml 5 points 1 day ago

Is this just fraud as usual or is there something else going on? Is it at all related to antitrust allegations of price fixing and such?

[-] yogthos@lemmy.ml 16 points 1 day ago

China's CXMT just broke the global memory chip duopoly held by Samsung, SK Hynix and Micron. Their IPO caused a major global semiconductor stock rout and Korean markets halted trading because it's basically propped up by these companies. And on top of that, there are now increasing worries about the whole AI bubble built on circular investments. If data center build out stops then the demand for chips and memory is going to collapse too.

[-] orc_princess@lemmy.ml 2 points 19 hours ago

That's extremely insightful, thank you

[-] yogthos@lemmy.ml 2 points 19 hours ago
[-] Thesilverpig@lemmy.ml 5 points 1 day ago

*starcraft marine, "Hell... It's about time."

[-] Benaaasaaas@group.lt 3 points 1 day ago* (last edited 1 day ago)

It's also koreans addiction to gambling so they are all leveraged to the tits and buying options/futures...

[-] dropdrip@lemmy.ml 17 points 2 days ago

Something something... free markets... capitalism--no! Not like that!

[-] PanArab@lemmy.ml 10 points 2 days ago

ROK had three main advantages that allowed it to be more prosperous than DPRK:

  1. It wasn't mostly destroyed by the US during the war.
  2. It has plenty of plains suitable for farming while DPRK has steep mountainous terrain.
  3. It wasn't sanctioned or embargoed.

Other events like the fall of the USSR and a major flood have also set DPRK back.

It will be interesting to watch if DPRK becomes the more prosperous nation long-term due to socialism simply being a better economic system and what this will mean for future reunification. But I am getting ahead of myself.

[-] leftOverLife@lemmy.ml 6 points 1 day ago

It will be interesting to watch if DPRK becomes the more prosperous nation long-term

Its been interesting to see the recent economic successes of the DPRK and to watch how even the capitalist media in the US is starting to concede to it. Now, whether that means that the US is going to try to get them to "open up" like China did is anyone's guess.

[-] yogthos@lemmy.ml 7 points 2 days ago

My prediction is that social collapse in the south will eventually lead to reunification.

[-] doleo@lemmy.one 15 points 2 days ago* (last edited 2 days ago)

~ 523,000,000,000 euro, in case anyone (like me) was wondering

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this post was submitted on 29 Jul 2026
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