/lit/ - Literature

>>14797583
I have come to completely not understand whether these kinds of posts are just random bots or actually made by mentally ill people

>>14797598
Yeah it doesn't seem human, everything about it is a little cryptic to me. The "and a bad attitude" bit made me kek tho

>>14797598
You don't read Land?

>>14797598
Wo! Earthquake! Get outta there Apu!

Yeah, the post is steeped in allusions to 20th century literature and philosophy. Not to say it’s any good.

>>14797619
fag got btfo'd by reza niggeristani on twitter

>Dow drops 1,000 in an hour
>3.5% crash again
>12% crash in three days
>machine intelligence is now the human security system
stop shilling this stupid bullshit already, capital deceleration can't stop capital acceleration

>>14797706
Kek

>>14797636
>reza niggeristani
noice

>>14797706
>capital deceleration can't stop capital acceleration
lmao

brainlet here
can anyone explain to me why the fuck is Dow Jones dropping? does it mean we're in for the next great recession? in general how is it possible for the entire index to drop when surely demand for commodities made by some of the companies whose share prices make up Dow must be increasing or at least stable?

>>14799206
We're probably in for a recession yeah, but recessions are just Capital having a big think, don't worry.

>>14799206
people are afraid of a new endemic virus

>>14797583
Has Land caught the death flu yet?

>>14799206
Because we've been in a depression since 2001. Perhaps earlier.
This collapse was going to happen anyways as all of the growth since the 2008 crash is just from pumping money into the markets, propping them up. As proof all you need is to look at what companies were used for money laundering: Facebook, amazon, Apple, etc. All companies that produce nothing of real value. Tesla valued as if we'd already colonized Mars is another obvious sign.
Imagine 75 years of compound interest getting called in. That is what is happening, and these numbers aren't even near the truth of what is happening. This week will probably see nearly a trillion dollars pumped into the market and it's still collapsing.
The fact that 80% of the world's production is now in quarantine is just the catalyst, they can no longer hide the bullshit economy with fake statistics. This shit was due to happen for a long time now.
>>14799221
This is a retard answer.

>>14799298
so what caused this drop was in your opinion a diminution in money supply growth?

>>14799340
To some extent I suppose. The greater problem is that the facade can no longer be maintained. There is a complete disconnect between the market and the reality of the economy. Even by official standards the market is more overvalued than it has ever been, and it is unlikely that official gdp data is anywhere close to reality.

>>14799386
what "reality" does the economy have outside of markets? how do you measure the "real" economy?

>>14799397
How much is being produced, what is being produced, the quality of what is produced, how many people are employed, the quality of that employment, how many people are living in the streets, how many people rely on drugs simply to function or stay alive, etc. And those are just a few material markers.

>>14797628
>Yeah, the post is steeped in allusions to 20th century literature and philosophy
In what way is schizoposting about Hispanic trannies steeped in 20th century philosophy

>>14799221
Base

>>14799412
>How much is being produced, what is being produced, the quality of what is produced
these things are meaningless without a market to decided which values are worthwhile. or do you believe in the LTV?
>how many people rely on drugs simply to function or stay alive
how do you figure this is a measurement of the economy?

>>14797628
>Wo! Earthquake!
Butterfly, i...

>inceleration: a positive feedback loop in which incels and arthoes perpetually deter one another from finding a suitable mate, pushing them both out of the reproductive equation, eventually resulting in the most genetically pure race of humans ever to walk the earth

>>14797706
>Dow drops 1,000 twice in one day
>7% crash
>600 billion injection can't even maintain levels
>machine intelligence is now the human security system of high-frequency-capital-cucking
stop shilling this stupid bullshit already, capital deceleration can't stop capital acceleration

>>14799463
When the market prices Tesla at 900-4000 there might be a problem. At that point headless cockfights on some investment chart is far superior.
LTV is at least better than muh price discovery, but no.
You don't see how people living in the streets and risking their lives over a black market and the most extreme drugs rather than participation in the official economy is economically related? Accfags are truly fucking retarded.

Now answer my question. How is a hundred thousand cuck sheds more valuable than a beautiful place of worship?

>Dow drops 2,000 twice a day
>9% crash
>60% billion injection can't even maintain levels
>machine intelligence is now the human security system of low-fidelity bitcoim subsidies
stop shilling this stupid bullshit already, capital deceleration can't stop capital acceleration

>>14799463
“Recession is when your neighbor loses his job. Depression is when you lose yours."
- Reagan

>>14799515
>You don't see how people living in the streets and risking their lives over a black market and the most extreme drugs rather than participation in the official economy is economically related?
if the economy functions better with large
populations of homeless and drug users, who am I to judge? also I thought you were an accfag because what other retardation would make you believe in a "real economy"

>>14799578
>if the economy functions better with large
>populations of homeless and drug users
How is the economy functioning better?
Accfags don't believe in a real economy, at least not in the sense I am using the term.

>>14799463
Hyperinflation collapses with the Future Theory of Value.

>>14799748
based obscurantist

>>14799765
What's obscure about it? You just don't realise that all of our accepted economic laws are collapsing before our eyes.

>>14799463
And they just cancelled Trump's emergency talk, they fear the buffoon will stick his foot in his mouth again. They're going to talk African American economic empowerment.
Price that in.

>>14799206
Primarily because of a virus know one fully understands yet.

>>14799298
ok zerohedge retard

>>14799340
This is outside of monetary matters. Economies are literally shutting down temporarily because people can't go to work. No monetary policy can deal with that.

>>14799907
>know one fully understands
kek

>>14799599
you are pretending there is a real economy and some fake abstract markets but there is no real economy, the economy is the culmination of economic abstractions. there is no "real economy" to anyone but the most naive economic realists

>>14799907
>the economy is better than ever
Your posts didn't age well faggot.

>>14799934
I have no idea what you're trying to say. If there is no real economy there can also be no fake economy, abstraction, etc.
Where are you coming from? In other words, what is your political/economic position and who do you read?

>>14799941
I never said that but even if I did I don't see how the best economy ever theoretically could deal with a massive collapse in aggregate demand from some external shock like a global pandemic. The problem is you can't even artificially boost demand for labour in such contexts.

>>14797583
WHERE IS GIRARDFAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>14799963
That's what accfags always say in these threads, "best economy ever, markets are a sign of growth."
Why would an external threat have any effect on demand?

>>14800004
>under quarantine in house
>no paycheck
>no spending

>>14799971
Who gives a fuck?

>>14800020
So it's not an external threat...

>>14799907
>retard
Do you remember the 2007 crash at all?

>>14799493

>>14799826
what's Future Theory of Value?

>>14800031
why would you ask ME that question? are you THAT retarded?

>>14800089
That value is determined by material time extracted from the future.

>>14797628
Is this butterfly also a bot?

My vagina has a place for you as a quiffing quoaf-splurting quim-addicted tripfag with implanted Vaginal Lips and an addiction to attention online.

>>14800109
can you provide me with an example?

>>14797583
>muh technocapital!

>>14797598
a mentally ill bot

>>14800269
Isn't it No but also Yes.

>>14799951
there is only "fake" economy, abstraction, ect. only a Marxist or accfag thinks there is a real think underlying the economy. it's literally just positions and preferences in peoples heads made concrete by the marketplace

>>14800310
Partly agree.
There remains a real economy, although it is just bad. At a deeper level it is a means of mobilisation for other factors

What a bunch of bullshit.

China has defeated the virus and are returning to work. Buy stocks and bitcoin tomorrow.

Correction over.

>>14800292
Yeah. The people who think they own technocapital are actually owned by it instead.
This viral pandemic is completely engineered by technocapital globalization. Its own metaphysical will applying its dominance.

There's dark humor in the irony that the last thing people will do is slavishly watch the stock ticker as they die from a neoliberal bioweapon.

>>14800330
where is it? point me to the object of economics which exists outside of abstraction, and explain what makes it "bad" or "good"

Israel says vaccine in weeks.

It's over. Capital wins again.

>>14800353
>China has defeated the virus
You know it already escaped China though, right? Nigeria just got it too, imagine what it will do for African exports.

Brother, can you spare some capital?

>>14800460
Kek.

>>14797598
It's a reference to Meltdown, which has quotes from Machinic Desire

>>14797598
its pretty straightforward pastiche desu. more gibson than land, really.

>>14797706
the virus is literally technocapital. this is just deterritorialization to increase capital intelligence. acceleration is just beginning.

>it's been 3 months since the bombs have dropped
>people have already started to cannibalize their young
>at this point a roasted baby is starting to look pretty good
>been walking for 20 miles in desperate need of finding some resemblance of civilization
>suddenly see a beacon of light in the distance
>one light turns into many lights
>a hope? a chance
>filled with energy, you tighten your bag and start running towards the light
>as you burn up the last few calories inside your body you collapse in front of the gates
>you wake up in a bed
>the feeling of warmth and comfort feels almost alien to you
>a man in a dirty white coat is checking up on you
>hands you a plate of food and says ''it's not much, but it's all we could spare''
>he says you should be on your way out after you're done since resources have been scarce
>without uttering a word, you point to your bag with a bony, shaking finger
>the doctor looks confused and starts opening the bag
>perhaps it's seeds? canned food? bullets? ................................................................
>instead he finds a laptop and a satellite inside
>the doctor starts wondering what it's for
>maybe it's a way to communicate with the government? or perhaps a different settlement?
>''b-bitcoin'' you utter with a weak voice
>the doctor looks at you and back at your equipment, still lacking understanding
>''I pay you 0.1 bitcoin a month if I can stay''
>the sudden confidence in your voice takes the doctor by surprise
>his surprise quickly turns to, disdain, and then pity
>a woman opens the door, the doctor scolds her and asks whether she's used any morphine on you
>she denies the accusation, saying she used the last of the morphine on the burn victims of last week's raider attack
>during the confusion you grab one of the scalpels on the tray near you and press it against the doctor's neck
>you order the nurse to fill your bag with supplies as you make your way out
>as you leave the settlement you stab the doctor in the neck
>''can't have competition in this dog-eat-dog world'' you think to your Jew self
>you escape to the woods and pet your laptop on the back
>''thank God for Bitcoin'' you whisper to the darkness

>>14800652
Didn't read lol

>>14800652
I'm assuming most crypto fags are like me and stack metals too. Just the silver I have will make me a veeeery wealthy man should the bombs drop.

>>14799206
Market is going down because there are more sellers than there are buyers. Anyone else with a different answer is a charlatan pushing their own ideology onto Mr. Market, who is entirely irrational and unpredictable because Mr. Market is a metaintelligence composed of the millions of human intelligences acting within the financial system.

>>14797636
link

>>14800840

>>14797583
zoom out

>>14800854

>>14800840
>twinkie theory of economics
Except that the market went up with more sellers than buyers too.

>>14800874
more proof Mr. Market is irrational

>>14800885
Sure thing

>>14800904
all of those people are subactors within the market, they are his cells. as you can see, my boy marketman is founded on some irrational individuals, thus is irrational as a whole

>>14800908
Why are you talking to yourself?

>>14800916
I am not.

>>14800885
The average person is retarded.
This does not mean every person is retarded.

>>14800926
If the vast majority is retarded, then yes. The market will act irrationally because it's composed of irrational retards. People sell at a loss but then hold onto their gains until it drops back down.
https://www.investopedia.com/news/study-investing-and-cocaine-look-same-brain/
You have to be careful. Gains are cocaine, and loss is death. People are immensely emotional and you need to train yourself to avoid it.

>>14800944
Do you have a point?

>>14800953
>The average person is retarded.
>This does not mean every person is retarded.
The market is retarded. Reading into it beyond a fear response is silly. Finance =/= Economics

>>14800962
Why are you projecting your charlatan ideology onto mr market?

>>14797613
Anon turn your computer off right now!

Your post is a failure shut it down!

>>14800908
how are people buying iphones being irrational? they desire an iphone and are using money to buy them, this is exactly what economists mean when they talk about rational actors

>>14800840
>Mr Market
>I love you
>You love me
The absolute state of post-economists.

>>14800944
see
>>14801005
you misunderstood the economic definition of "rational"

>>14799298

>>14801005
>>14801010
>buying things is rational

>>14799907
shill

>>14801385
a rational actor is someone who pursues their self interest. an irrational actor would act against their self interest. this means that when economist talk about rational actor, they talk about people fulfilling their self interest, much in the same way someone who is interested in an iphone may go out and buy an iphone at the apple store. if you don't like this definition bring it up with the Chicago school of economics

>>14801416
>acting in your self interest is buying a consumable item with no ROI rather than investing it
get to fuck Chicago

>>14800920
>>14800908
it's okay anon, I understood :)

>>14801477
thank

>>14801445
see, you are confusing "rational" with "best possible decision making". that isn't how economists use the term. what you are saying is that the actor could have had a more worthwhile self-intrest, but this doesn't matter. his interests could lie in some roastie prostie whereupon he spends all his money, he would still be acting as a rational actor.

>>14801525
economists are clearly gay if they'd trade dosh for some sex

>>14799206
The ostensible answer is that coronavirus hysteria is crippling global commerce and logistics networks. The underlying answer is that virus fears is a pretext for a selloff that is long overdue and which was waiting for any sort of event of global notoriety to catalyze it . This has been one of the longest bull markets in history and what goes up must come down.

>>14799452
d

>>14800855
zoom in

>>14797636
Reza is giga butthurt nowadays

>>14797706
Does Nick Land feel retarded for living in China yet?

>>14797636
Land is incoherent enough but Niggerastani beats him, why must the balding sissy write so badly?

>>14800771
Why do you think anyone will care about silver in Mad Max world?

>>14802664
Why would he? China is the center of capital and the future.

>>14802664
He evacuated a few days ago.

>5 trillion wiped out in hours
>fundamentals still good
>looking like a good time to buy
Nothing is fucked here.
https://youtu.be/SWksEJQEYVU

>>14800055
Yes and this is totally different from the cause to any response. The constraints are different, after 08 China went on a massive building spree propping global growth back up quickly.

>>14802879
Retard.

>>14797598

These are just random words made to sound absurd and conjure a giggle.

>>14799221
Is there a bigger cuck than the capitalfag?

>>14797706
But capital is still literally winning.

>>14799206
It's because the entire global economy relies on this "Just in time" model of international production and the largest goods production center in the world has like 3/4's of it's cities on lockdown as a disease is spreading through it. Basically stocks are dropping because a small proportion of investors are starting to see how fragile these optimized global trade models are. Will they actually change anything once this event is over with, probably not. That doesn't mean they won't be afraid for the time that this matters.

>-1000 in 5 minutes
UNIMAGINABLE SPEEDS OF ACCELERATION

>>14797583
>a little bit of airborne AIDs can't stop my bad attitude

>>14802948
Capital is to big to fail. And accfags are too dilated to fail.

>>14800840
this

>>14802907
They just frighten me though, like I'm being told some secret meaning I'm supposed to understand but can't so I'm in danger for it

>>14803276
You're in danger even (maybe especially) if you understand

>>14802985
OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

Any NZfags willing to storm the bunkers of the mega wealthy have when the collapse comes into full swing

>>14797583
>>14799206
We're behind schedule (no glorious Syrian/Iranian WWIII bait taken) for the centennial banking reset chicanery's geopolitical slight of hand. pic. related.

>>14803921
Whats the endgame here? Full scale revolts or what

How far will the market fall?

>>14803921
Based. You'll never stop China.

Their dedication to capital will allow them to survive while the rest of the world collapses.

>>14804020
0

>>14802692
what would default to currency other than precious metals?

>>14804493
bottle caps

>>14804493
Ammo and pussy

>>14804620
neither ammo nor pussy is fungible

>>14804493
bitcoin

>>14804772
can't always guarantee the power grid will be up, at least locally. you will need money to get you safely to electricity first.

>>14804664
The economy will be barter based, silly.

>>14804794
there will be bartering obviously, but there is literally no reason for us to revert back 6000 years intellectually to the point where we no longer use currency. why barter with apples which will rot in a few weeks when you can trade them for a non-perishable, fungible medium of exchange like precious metals?

>>14804789
bitcoin cash

>>14804856
kek

Only down by 300 end of day.

Looks like capital's back on the menu. antiaccfags can be bitter again.

>>14805752
bro the stock market has never fluctuated before capital is literally dead like the 5 finger punch of death it's fucking dead and corona-chan killed it

>>14797598
yes

To understand deleuze I need to read kant
How do I understand kant?