• teyrnon@sh.itjust.works
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      14 hours ago

      There is probably a reuters article that breaks it down, I just got back on after they put up a paywall, then cancelled it at some point idk.

      But Jesus Christ, 200 billion is astronomical. Idk the numbers for amazon, but they can’t service that debt well.

      • 🌸𝓯𝓵𝓸𝔀𝓮𝓻🌸@sh.itjust.works
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        13 hours ago

        Yeah, it’s a nation wide hail Mary project for the rich. Either AI works and it launches them beyond the competition or China passes USA, becomes the new superpower and things get bad anyway. The bottom 99% is going to suffer anyway.

        • eleijeep@piefed.social
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          11 hours ago

          Geo-politics and global trade is not a zero-sum game. In fact trade is one of the earliest and most prevalent examples of a non-zero sum game that benefits all parties and creates the environment necessary for long-term peaceful relations.

          • 🌸𝓯𝓵𝓸𝔀𝓮𝓻🌸@sh.itjust.works
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            25 minutes ago

            It can create the environment, but doesn’t make it inevitable. People still do boneheaded moves for more money or power. Russia did invaded Ukraine because it thought trade dependencies would rule out sanctions and counteractions.