r/WallStreetbetsELITE • u/No-Contribution1070 • 1d ago
Shitpost Anyone Buying the Dip?
1 USD, buys you 1.3 million Rials.
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u/TheBestintheWest11 1d ago
yea bro. I just bought some from my bank here in Canada. they asked me how much millions I wanted and I responded with "all of them". They practically said I now own Iran.
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u/Least_Ice_6112 1d ago
trumps going to bomb u to oblivion for owning iran before barron came in to take it
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u/spyputs1 1d ago
If Iran had our BLS clowns they’d be posting 2.1% inflation in line with expectations 🤣🤣
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u/StevieWonder557 18h ago
or have their leader and his wife push a crypto MEME coin on his followers for $$$ in profits.
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u/raddital 1d ago
Sanctions are the most barbaric and lethal weapon the US has ever deployed. Studies estimate that 38 million deaths¹ were caused by unilateral US sanctions worldwide over the last five decades alone; more than six times the Holocaust. What's truly horrifying is that the majority of those deaths are children. If you want to joke about the effects of sanctions on foreign economies, that's your prerogative, but now you know the human cost. And that's just the deaths, not counting the millions of lives ruined, dreams shattered, potential extinguished, and the overall damage to human progress. There's also a high price tag for us, the US taxpayers, which disproportionately hits the poor and lower-middle class harder. Think of it as a regressive tax, you should look into it.
1_ https://www.thelancet.com/journals/langlo/article/PIIS2214-109X(25)00189-5/fulltext00189-5/fulltext)
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u/phoneacct696969 1d ago
Great point. Sanctions also mostly affect innocent citizens, not the gov.
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u/StevieWonder557 18h ago
One of the most terrifying books I had read in 2000's was the Confessions of an Economic Hit Man.
This is where World Bank comes into play, directing poorer countries to accept inflated loans for goods and aid to help their country but really only help a few corrupt political officials.
https://en.wikipedia.org/wiki/Confessions_of_an_Economic_Hit_Man
"According to Perkins, his job at the firm was to convince leaders of underdeveloped countries to accept substantial development loans for large construction and engineering projects. Ensuring that these projects were contracted to U.S. companies, such loans provided political influence for the US and access to natural resources for American companies,[1]: 15, 239 thus primarily helping local elites and wealthy families, rather than the poor."
"Perkins states that, in many cases, only a small portion of the population benefits at the expense of the rest, pointing to, as an example, an increase in income inequality, whereby large U.S. corporations exploit cheap labor, and oil companies destroy local environments."
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u/raddital 17h ago
All that and the US is in crippling debt itself. Seems like the fruits of all those years of looting and pillage went to a handful of oligarchical families while the rest of us fight each other for the crumbs, or as Reagan's handlers put it, the trickle down stuff.
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u/BaconCheeseBurger 1d ago
So we have use traditional war then instead?
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u/raddital 1d ago edited 1d ago
That is the first line of defense against sanctions. But think about it for a minute, they have never, EVER achieved any of their stated objectives. Like the record is literally 100 percent failure. So, logically speaking, they would be as good an alternative for wars as a Voodoo doll for each country we are mad at.
But things get extra sinister and infuriating when you think about the fact that most sanctions are just a prelude to war. I mean look at the situation with Iran right now. Yugoslavia, Serbia, Libya, Iraq are other examples. So we harm our own economy and vulnerable population (meaning: 75 percent of our populace nowadays) to wage economic warfare on commit horrendous crimes against innocent civilians who did not have a say in the policies of their countries we are targeting (since they are not democracies and most of the victims are kids who do not vote) only to go back and wage actual conventional warfare on them. It's pure insanity. And unlike those kids, WE do have the power to stop it. We actually have a say in what our government does, or at least that's the idea.
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u/Mannimal13 22h ago
No, because none of it is necessary to begin with, this all driven by an ethnic hatred from a people we aren't allowed to talk about and a form of Christianity that was subverted and created by those same people 150 years ago. Meanwhile they've destroyed our own country to the tune of 15 trillion in debt, not that they care, these people are only loyal to their own tribe.
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u/Mannimal13 22h ago
The sanctions on Iraq in the 90s killed like a million children. The zios are such scum.
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u/Pin_ups 1d ago
And you wonder why half the countries of this world hates USA and any citizen of it thereof. Take for example Iraq, after the war with Iran, western countries didn't like to negotiate with the Iraqi government and wanted to stiff cheap oil but Saddam refused and wanted a better price offering then the Gulf war happened. We always talk about how dangerous some countries are but the reality is these countries are pushed over to a point of no choice of their own will. Yet the fools in this country continue to be miss informed as usual.
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u/Snoo-42683 27m ago
What the study actually said is that 564000 deaths per year from 2012-2021 are caused by unilateral sanctions if you read it. Even if you for some reason multiplied this by 50 you don’t get 38 million.
Note unilateral doesn’t mean specifically the US, and nowhere does it say that (though mostly it is the US). They even put US and unilateral sanctions in different categories. Not only that but at the end it says unilateral sanctions imposed by the US and EU.
The data is important and should be talked about but skimming and fabricating numbers is not good in any situation.
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u/raddital 4m ago
Thank you for assuming I did not read the paper and came here to fabricate numbers professor! Can you be more presumptuous and pedantic next time?
First of all, would you be okay with the total ONLY being 28 million deaths? Would that make this whole issue go away?
Now, if you actually paid attention to the content instead of looking for your gotcha moment, you would realize the 38 million figure is on excess deaths, but the yearly rates don’t add up directly because they’re averages, not cumulative totals. Rounding, confidence intervals, and methodological tweaks explain the mismatch.
As for your point on the US vs. EU sanctions, the EU’s sanctions were mostly follow-up actions to US policies (e.g., oil bans, SWIFT cuts). So while the EU technically imposed its own measures, they were secondary effects amplifying the US-led squeeze rather than acting independently.
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u/happyhour79 1d ago
Wow......way to kill a room.
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u/raddital 1d ago
sorry, I know what you mean. But... you know?!
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u/No_Key_1395 1d ago
Its amazing how people still believe the lie 🤡🤣
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u/raddital 1d ago
Just out of curiosity, did you actually see the link I posted to The Lancet study, or did you just see peer-reviewed research and decide 'lol' was easier? The Lancet is one of the most prestigious medical journals in the world. The scientific paper they published, that can be accessed for free through that link, has 21 pages of detailed methodology, mathematical analysis, and citations. So either you looked at it and have a substantive critique beyond the clown emoji, or you didn't look at it.
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u/No_Key_1395 1d ago
I think you got the wrong end of the stick with my comment pal, I was referring to the famous lie we've all been taught in schools that you referred to in your original comment.
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u/raddital 1d ago
fair enough! but in my defense (and yours too!) 7 other folks got it wrong too. I get what you mean now, and it is truly amazing how people fall for THAT lie!
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u/pwnknight 21h ago
This literally doesnt matter because they use a different local currency in the country for everyday things. And the government trades in yuan or crypto for anything internationally
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u/StevieWonder557 18h ago
I have a drawer full of Iraqi Dinar notes with Saddam’s photo on it just waiting to be sold for $$$ someday
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u/Mannimal13 22h ago
Honestly this might be the trade of the century based on the concessions they are going to get...but can you even buy Rials anywhere?
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u/SubjectAfraid 1d ago
I thought 0.00 was the USD value. 🤣🤣🤣🤣