This video on how much of the debt these companies hold is hidden from their balance sheets is chilling. According to this, Meta "officially" owes $151B, but in reality has debt obligations closer to $572B.
That's over 40% of Meta's entire market capitalization, and they're rapidly adding to that debt. Meta's existing properties are losing users, and there's just no fucking way they'll be able to pay back this debt in the long term, because they have zero hope of deriving income from all this data center investment. At some point, BlackRock and the other private equity firms Meta owes money to are going to come looking for blood
It’s easy to dismiss these efforts as hilariously misguided but they’re not. They’re extremely calculated and he only needs it to pay off once to make everything worth it
Fortunately there seems to be a limit as far as what people are willing to tolerate. While I agree these moves are extremely calculated, they're being calculated by people who are almost completely disconnected from reality and whose egos cloud their judgment at every turn
You don't understand how this works. If enough people vote for the candidates you support in Democratic primaries, they win. The establishment can't stop them. If you're still hung up on the superdelegate system that burned Bernie in '16, well that system is gone now, and it only existed for the presidential candidate anyway
That's a good point. I have a dedicated round pizza tray so have never used either of the other options and clearly don't know what I'm talking about lol
Is there not enough sugar in the ice cream?
Define "A"
Yes, that's what I said
What do 2 and 1 mean?
Define banana
No way in hell we're facing an extinction event. Unimaginable human suffering, probably, but humanity will persist.
Oh yeah? Prove it
This video on how much of the debt these companies hold is hidden from their balance sheets is chilling. According to this, Meta "officially" owes $151B, but in reality has debt obligations closer to $572B.
That's over 40% of Meta's entire market capitalization, and they're rapidly adding to that debt. Meta's existing properties are losing users, and there's just no fucking way they'll be able to pay back this debt in the long term, because they have zero hope of deriving income from all this data center investment. At some point, BlackRock and the other private equity firms Meta owes money to are going to come looking for blood
Fortunately there seems to be a limit as far as what people are willing to tolerate. While I agree these moves are extremely calculated, they're being calculated by people who are almost completely disconnected from reality and whose egos cloud their judgment at every turn
When you say "won't"...
I really disagree with this. Except the child part, 25 year olds are basically children whose brains have just finished maturing
I'm in my mid-40s, and I feel like peak me (so far)
Voters pushing candidates to the left is a good thing. You should not be cynical about this
You don't understand how this works. If enough people vote for the candidates you support in Democratic primaries, they win. The establishment can't stop them. If you're still hung up on the superdelegate system that burned Bernie in '16, well that system is gone now, and it only existed for the presidential candidate anyway
Slop
I think you mean 5318008
That's a good point. I have a dedicated round pizza tray so have never used either of the other options and clearly don't know what I'm talking about lol
Right here
Ah, we had different things in mind. Baking/cookie sheet for me means something like this:
I'd call one with edges around it a baking tray