Ullallulloo

joined 1 year ago
[–] Ullallulloo@civilloquy.com 17 points 8 months ago* (last edited 8 months ago) (2 children)

Stocks are basically a percentage of ownership. The share price as a dollar amount is meaningless because it could be 1% of a company or 0.000000001%. The relevant number here is that Reddit is IPOing at a valuation of $5 billion (that stock buys a ¹⁄₁₅₀₀₀₀₀₀₀ interest), which all I can reply with is hahahahahahahaha

[–] Ullallulloo@civilloquy.com -2 points 8 months ago (1 children)

And Milei didn't cause this. He was in office maybe a month at this point? And the poverty rate had already rapidly risen from 40% to 50% in the six months prior under Fernández.

[–] Ullallulloo@civilloquy.com 8 points 8 months ago

Yeah, people love to look at who's in the White/Pink House and think everything since the day he took office was single-handedly caused by him.

[–] Ullallulloo@civilloquy.com 0 points 8 months ago (3 children)

You mean Peronism?

[–] Ullallulloo@civilloquy.com 2 points 8 months ago

Things got bad the last few years, but the hunger index is still only 6.4.

[–] Ullallulloo@civilloquy.com -5 points 8 months ago (2 children)

He took office in December, so this is entirely the fault of Peronism and doesn't have anything to do with Milei yet.

[–] Ullallulloo@civilloquy.com 8 points 9 months ago* (last edited 9 months ago)
[–] Ullallulloo@civilloquy.com 2 points 9 months ago (1 children)

What does the government do with all the extra revenue? Theoretically it should be able to reduce other taxes proportionally so that those with low carbon usage come out ahead instead of just being a negative for everyone.

[–] Ullallulloo@civilloquy.com 3 points 10 months ago

Even if it is constructively a dismissal, you can almost never sue someone for firing you in California.

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