Whoever denies authority and fights against it is an anarchist.
-- Sebastien Faure

#anarchism #quote #bot

In finance, an inverted yield curve is when interest rates on short-term debt instruments rise above the interest rates of longer-term debt instruments of similar creditworthiness. In other words, this is an unusual situation in which, all else being equal, shorter-term investments return more money than longer-term investments.

Historically, inverted yield curves on US treasuries have been reliable indicators of impending recessions or economic downturns, and more prolonged inversions generally correlate with more severe crashes, as this video by the Game of Trades investment channel demonstrates: https://www.youtube.com/watch?v=ELF_EivMCMI

(The last 30 seconds of this video are just ads for the channel's trading advice services.)

Our current situation in 2024 is that the yield curve has been inverted for 540 days, which is comparable to the durations of the inversions preceding the 1974 crash and the 2008 global financial meltdown (low 500s each) and second only to the 1929 market crash that kicked off the Great Depression (700).

The stock market is currently still going up, but keep in mind that the stock market went up for a long time after the 2008-era inversion as well: a record 657 days. If the market were to keep rallying for that length of time today, then the crash would begin this August.

2008 showed us that the average person will be angry and more ready to question capitalism itself when events like this happen. As Marxists, we must prepare to do widespread agitation, education, and organizing in its wake, spreading real knowledge about how to understand, resist, and fight back against capital.

#yieldcurve #ustreasury #federalreserve #invertedyieldcurve #recession #crash #financialcrash #financialmarket #economy #economics #news #politics #gfc #globalfinancialcrisis #2008 #greatdepression #depression #yieldinversion #capitalism #socialism #communism #socialist #communist #marxism #marxist #revolution #rev2030 #revolution2030 #tatertube #s4a #socialismforall

Scientists confirm record highs for three most important heat-trapping gases.

Global concentrations of carbon dioxide, methane and nitrous oxide climbed to unseen levels in 2023, underlining climate crisis. #ClimateChange

https://www.theguardian.com/environment/2024/apr/06/record-highs-heat-trapping-gases-climate-crisis

A liberal can be described as an individual who tends to object to all wars except the one presently happening, and backs all civil rights initiatives except the one currently in progress.

#abolishcapitalism #BourgeoisApparatus #capitalism #globalnews #commodities #liberals #liberal #politics

The commodity fetishism inherent in capitalism both mystifies and obscures the exploitative relations of production, enabling the bourgeoisie to maintain dominance over the proletariat through the commodification of human needs and desires.

#capitalism #BourgeoisApparatus #abolishcapitalism

#alienation #superstructure #abolishcapitalism #capitalistantiintellectualism #bourgeois
#BourgeoisApparatus #buisness #commodities #globalnews #FetishizationOfCommodieties

The capitalist mode of production obfuscates the exploitative relations of production through the fetishization of commodities, enabling the bourgeoisie to subjugate the proletariat's labor and perpetuate the commodification of human needs.

Bourgeois hegemony obfuscates exploitative relations via fetishism.

#BourgeoisApparatus #bourgeois #CapitalsantiIntellectualism #abolishcapitalism #superstructure #alienation

Embedded in the base-superstructure of capitalism, alienation severs the proletariat's intrinsic connection to their labor-power, fueling the fallacious belief in consumption as a remedy for socioeconomic maladies.

@marcusdeh @aral
**Commodity Fetishism**:

Capitalism's exploitative tendencies are obscured through the fetishization of commodities which obscures the proletariat's labor underpinning the goods and renders human needs as purchasable items.

Capitalism is a having a burger delivered to your door in minutes but dying because you can’t afford medical care.

My modest proposal: Failing water companies should go bankrupt, their investors lose everything, their boards and C-suites be fired, and the gov should buy them for £1 and run them as national utilities. Ditto the railways and privatised energy orgs that price-gouged us last 2 winters. Then every statue of Thatcher & her ideological allies should be melted down and turned into commemorative medals to celebrate the day we free ourselves of the stupidity that saw the nations' utilities and housing stock sold to profiteering wideboys.

I’m sorry. Your authority is not recognised in fort kickass #catsofmastodon #caturday

Cold I guess #climate