this post was submitted on 07 Apr 2025
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Image is allegedly of the note Trump wrote while editing a speech while on the way back from the G20 summit.


The top Russian-Chinese agent, Donald Trump, has decided that the pace of dedollarization and the decline of American financial hegemony is going too slowly. He has therefore decided to put tariffs on everybody; from America's largest trading partners to uninhabited islands. In the process, he is trying to create an autarkic America. Jokes aside, interpretation and analysis of this has ranged across a wide spectrum. I think we can broadly agree that the most idiotic are the "true believers"; those that actually believe Trump's every word, and that this will somehow bring back American manufacturing and whatever other inane promises he has made.

However, there is a much more interesting debate. The first camp are those who believe Trump is acting as an inadvertent accelerationist due to his lack of understanding about how the world economy and dollar hegemony functions (and that this will subsequently ensure that countries flock to China instead). The second camp are those who believe that Trump does know what he's doing, at least to a certain extent, and that the effective result of this period of madness will be countries kowtowing to the United States; renegotiating trade deals to be even more in favor of the US in order to get tariffs reduced. There's even a yet more cynical camp who believes that in fact, this entire trade war is just theater for further national wealth redistributions from poor to rich; that all these monumental international trade wars are more of a sideshow. To quote the linked article: "[...] out of the mountain of tariffs that threaten to turn into a global trade war will emerge the mouse of further tax cuts."

I'm not embarrassed to admit that I have absolutely no idea which one of these is the closest model to reality. We're in new economic and political ground, and even if the tariffs are quickly renegotiated and/or dropped, the impacts will continue to reverberate around the world for years. I'm sure we'll debate this for months to come here, though!


Last week's thread is here.
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Israel-Palestine Conflict

If you have evidence of Israeli crimes and atrocities that you wish to preserve, there is a thread here in which to do so.

Sources on the fighting in Palestine against Israel. In general, CW for footage of battles, explosions, dead people, and so on:

UNRWA reports on Israel's destruction and siege of Gaza and the West Bank.

English-language Palestinian Marxist-Leninist twitter account. Alt here.
English-language twitter account that collates news.
Arab-language twitter account with videos and images of fighting.
English-language (with some Arab retweets) Twitter account based in Lebanon. - Telegram is @IbnRiad.
English-language Palestinian Twitter account which reports on news from the Resistance Axis. - Telegram is @EyesOnSouth.
English-language Twitter account in the same group as the previous two. - Telegram here.

English-language PalestineResist telegram channel.
More telegram channels here for those interested.

Russia-Ukraine Conflict

Examples of Ukrainian Nazis and fascists
Examples of racism/euro-centrism during the Russia-Ukraine conflict

Sources:

Defense Politics Asia's youtube channel and their map. Their youtube channel has substantially diminished in quality but the map is still useful.
Moon of Alabama, which tends to have interesting analysis. Avoid the comment section.
Understanding War and the Saker: reactionary sources that have occasional insights on the war.
Alexander Mercouris, who does daily videos on the conflict. While he is a reactionary and surrounds himself with likeminded people, his daily update videos are relatively brainworm-free and good if you don't want to follow Russian telegram channels to get news. He also co-hosts The Duran, which is more explicitly conservative, racist, sexist, transphobic, anti-communist, etc when guests are invited on, but is just about tolerable when it's just the two of them if you want a little more analysis.
Simplicius, who publishes on Substack. Like others, his political analysis should be soundly ignored, but his knowledge of weaponry and military strategy is generally quite good.
On the ground: Patrick Lancaster, an independent and very good journalist reporting in the warzone on the separatists' side.

Unedited videos of Russian/Ukrainian press conferences and speeches.

Pro-Russian Telegram Channels:

Again, CW for anti-LGBT and racist, sexist, etc speech, as well as combat footage.

https://t.me/aleksandr_skif ~ DPR's former Defense Minister and Colonel in the DPR's forces. Russian language.
https://t.me/Slavyangrad ~ A few different pro-Russian people gather frequent content for this channel (~100 posts per day), some socialist, but all socially reactionary. If you can only tolerate using one Russian telegram channel, I would recommend this one.
https://t.me/s/levigodman ~ Does daily update posts.
https://t.me/patricklancasternewstoday ~ Patrick Lancaster's telegram channel.
https://t.me/gonzowarr ~ A big Russian commentator.
https://t.me/rybar ~ One of, if not the, biggest Russian telegram channels focussing on the war out there. Actually quite balanced, maybe even pessimistic about Russia. Produces interesting and useful maps.
https://t.me/epoddubny ~ Russian language.
https://t.me/boris_rozhin ~ Russian language.
https://t.me/mod_russia_en ~ Russian Ministry of Defense. Does daily, if rather bland updates on the number of Ukrainians killed, etc. The figures appear to be approximately accurate; if you want, reduce all numbers by 25% as a 'propaganda tax', if you don't believe them. Does not cover everything, for obvious reasons, and virtually never details Russian losses.
https://t.me/UkraineHumanRightsAbuses ~ Pro-Russian, documents abuses that Ukraine commits.

Pro-Ukraine Telegram Channels:

Almost every Western media outlet.
https://discord.gg/projectowl ~ Pro-Ukrainian OSINT Discord.
https://t.me/ice_inii ~ Alleged Ukrainian account with a rather cynical take on the entire thing.


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[–] [email protected] 47 points 3 days ago* (last edited 3 days ago)

Chinese Money Supply Report for March seems pretty strong after credit being anemic last year so good signs for the economy and demand outlooks i guess. And even less pressure regarding the trade war.

M2 money supply +7.0% y/y; Est. +6.1%;

M1 money supply +1.6% y/y; Est. +0.3%;

M0 money supply +11.5% y/y; Prev. +9.7%;

Aggregate financing 5.9 trillion yuan, Prev. 2.23;

New yuan loans 2.23 trillion yuan, Prev. 0.74.

Problem with credit in the last couple of years and especially last year is that since forever land sales were critical to the credit formation process because they drove the leveraged generation of loans through a number of asset collateralization processes. This is where the money for all other local economic activities came from. But that wasnt viable anymore so one of the central sturctual tranformations of the Chinese economy is to delink credit generation from land sales and towards more mature financial insturments, and that cant be seperated from the general crack down of real estate speculation and deflating that bubble. So especially during last year the "fountainhead" for the credit cycle was locked up because of the land finance wind down. Credit going back to normal seems to indicate there has been substantial progress in that aspect and maybe the economy is beyond the more shaky phase.

Mechanically, the credit impulse drives the demand cycle, not vice versa. Availability of money is what determines demand. Demand does not determine availability of money. So demand problems were in large part downstream of that. Reticence from households to spend due to property value deflation was only a secondary problem. The primary problem was squeezed incomes and business revenue from a slow moving liquidity lockup.

[–] [email protected] 51 points 3 days ago (6 children)
[–] [email protected] 41 points 3 days ago (2 children)

The barrage system features as 4x4 tight arrangement of 35mm gun barrels for various types of ammunition to deliver an unprecedented rate of fire while maintaining quick reload capabilities, according to the article.

lmao did they lift this straight out of 40K? That's enough firepower to level an apartment complex

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[–] [email protected] 85 points 3 days ago (11 children)

https://xcancel.com/comradesipho/status/1910956026674778410

While many Chinese businesses are reeling from the trade war, Qi, the Maga merchandise maker, brushed off any suggestion his might suffer.

Trump supporters, he said, were willing to pay any price for items bearing the image of their beloved president - and US suppliers were making such a huge profit on them that they could afford to partially absorb the tariff impact.

[–] [email protected] 42 points 3 days ago

What have I been doing all this time and why was it not becoming a trump slop dropshipper sadness

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[–] [email protected] 28 points 3 days ago (4 children)
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