Minichan

Topic: I've witnessed quite serious corruption

Anonymous A started this discussion 2 weeks ago #133,260

Employers are taking bribes from immigrants, to employ them, since employment and annual income benefits their chance of staying in the country

Anonymous B joined in and replied with this 2 weeks ago, 1 hour later[^] [v] #1,420,519

@OP

> Employers are taking bribes from immigrants

Employees paying their bosses to make money from getting paid by their bosses… hmm…

Anonymous B double-posted this 2 weeks ago, 48 seconds later, 1 hour after the original post[^] [v] #1,420,520

Perhaps these immigrant experts in circular funding would be better suited to work at American AI companies.

Anonymous C joined in and replied with this 2 weeks ago, 1 hour later, 2 hours after the original post[^] [v] #1,420,537

@previous (B)
Circular funding doesn't actually magically inflate the value of companies.

Spending $1 increases the asset of one by $1 and adds $1 in liability to another. It's a wash

Anonymous B joined in and replied with this 2 weeks ago, 1 hour later, 4 hours after the original post[^] [v] #1,420,545

@1,420,520 (B)
i tongue whyte peopos ass

Anonymous E joined in and replied with this 2 weeks ago, 3 hours later, 7 hours after the original post[^] [v] #1,420,558

@1,420,537 (C)
It actually can inflate the value of companies because people aren’t rational. If somebody reads the news and sees Microsoft is investing a billion dollars in OpenAI, they’ll invest in OpenAI because Microsoft must know something. Then a few months later when OpenAI invests a billion dollars in Microsoft they’ll invest in Microsoft because OpenAI must know something.

Anonymous F joined in and replied with this 2 weeks ago, 4 minutes later, 7 hours after the original post[^] [v] #1,420,561

This used to be a scam some universities ran. They’d admit foreign students who paid school officials, and the students would graduate and disappear within the U.S.

Anonymous E replied with this 2 weeks ago, 2 minutes later, 7 hours after the original post[^] [v] #1,420,562

@previous (F)
I’m sure the reason why all the universities love Asian international students has absolutely nothing to do with the fact that Africans are too poor and Europeans have free university in their own countries. Obviously everything in our society is based on merit and everything in society isn’t controlled by financial interests (sarcasm)

Anonymous E double-posted this 2 weeks ago, 2 minutes later, 8 hours after the original post[^] [v] #1,420,563

Americans really be like "DEI is racist we can’t have black kids at Harvard, we need to educate Chinese nationals in engineering because they deserve it more"


Then five minutes later they be like, "How TF does the Chinese J-35 look just like the American F-35, it’s almost like these people went to the same school or something! How does China steal all this secret information from us! This is a national security threat!"

(Edited 14 seconds later.)

Anonymous F replied with this 2 weeks ago, 5 minutes later, 8 hours after the original post[^] [v] #1,420,565

@1,420,562 (E)

> I’m sure the reason why all the universities love Asian international students has absolutely nothing to do with the fact that Africans are too poor and Europeans have free university in their own countries. Obviously everything in our society is based on merit and everything in society isn’t controlled by financial interests (sarcasm)

African students with money have done this but far fewer than Asians. America is a business. Anyone who says otherwise doesn’t read history.

Anonymous E replied with this 2 weeks ago, 11 minutes later, 8 hours after the original post[^] [v] #1,420,566

@previous (F)
Tbh, my claim was a bit oversimplified. Part of the reason is because a lot of Africans speak French, so they prefer to study in France. China and the continent of Africa have about the same number of people. If you google it, France has a lot more African international students than Chinese, and the US is the other way around. I just get kind of annoyed by the idea that how smart or hard working different races are is an objective thing when if you look at different countries different people do well in different places. It would have been more accurate if I said that the US accepts international students because international students pay more, and Europeans and Africans are less interested in America than Asians are.

Anonymous E double-posted this 2 weeks ago, 1 minute later, 8 hours after the original post[^] [v] #1,420,567

Which is kinda interesting actually since Europeans should be the most interested, but they have governments that actually provide inexpensive or free tuition so they just have no financial incentive to come here.

Anonymous C replied with this 2 weeks ago, 1 hour later, 10 hours after the original post[^] [v] #1,420,581

@1,420,558 (E)
That's their fault for investing based on their gut over a careful evaluation of their basic finances.

Even if you just use P/E you can avoid ever falling into this trap.

If someone else blows their savings on hype that doesn't mean your nest egg is at risk.

Lady D !Pool..v42s joined in and replied with this 2 weeks ago, 3 days later, 3 days after the original post[^] [v] #1,421,074

@1,420,558 (E)
Or when a company loses 2/3 of their value, is sold to another company owned by the same person, it continues to lose value and is sold to another company owned by the same person.
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