/lit/ - Literature

>>14641422
In reality, the market is overvalued by 25,000 points. Some would say, myself included, that it is completely overvalued and needs to drop 29,000. If there were any connection between market intelligence and reality it would have crashed 2,500-3,000 points on Thursday.

If one pictures the market as a MONIAC machine then what is occurring is a major leak from all seams, and then forces the front panel off entirely. The entirety of economic industry is now attempting to reinstall the panel while still dumping buckets of water into the machine. Of course, in the digital world this can work without any problems.

The other side of this, the kantian limit, is that of bitcoin: a false digital reality coming into being. Bitcoin has no connection to reality, it is simply negative money velocity developed into a currency. This devalorisation process occurring in the digital realm can only have equal force within an industry that produces absolutely nothing. And this is precisely what is happening, technically the same as the vast network of servers, yet they are a complete void of data and information. The only value resides in pure elimination of energy - the most wasteful invention in history. Hyperreality is devalorising.

Bitcoin reflects the other financial industries which were propped up by intelligence agencies around the same time as the 2008 market crash. Yet it has even less activity, there is hardly any volume, meaning that in the best case scenario bitcoin exists as a release valve for market manipulation. Companies like facebook and twitter are valued in the hundreds of billions of dollars. Shitshows like Tesla are valued as if we'd already settled Mars and discovered infinite stores of gold. Of course, their real value is only in communication and feeding data to the intelligence agencies. There is a total disconnect between market reality and its economic functioning. The only real economy remaining is that of government industries - especially the military and medicine.

>>12742116
Because they're obviously a blooming of language.

>>12471601
>>12471621
>>12471640

Rightwing politics is the default in the US and Europe. Your education (including the media, political discourse, etc) makes you incapable of telling no politics and default politics apart. It's not your fault of course but "non political" literature is a myth, you can't conceptualise your politics like DFW's fish in that essay can't see water.

>>12451554
Because it's male instagram thot nihilism. He does not realise how much he is a product of that which he critiques.