1,554 karma · joined May 3, 2020
Sounds like a description of the Western economic situation to me.
>I see people zipping around on models that don't have any handlebars.
Do you mean hoverboards? In my understanding, your description does not fall under the definition of "scooter": https://www.merriam-webster.com/dictionary/scooter
- It can be easily combined with public transit. Its much smaller footprint causes less trouble for you and those around you. You can place it behind your legs while sitting and keep between legs while staying.
- Absolutely no issues with stairs and escalators (at least with the models on the lighter side).
- You can get it with yourself into office. In many places you can not bring your bicycle or scooter into a desk space or it will be strongly frowned upon.
- It does not take much space when stored at home.
- Because of the smaller footprint and lack of protruding parts like handlebars, it's much safer and easier to move in a relatively dense pedestrian traffic.
- It easily fits into a car's trunk.
The main reasons why corporations get away with "unfair" margins are:
1) Broken anti-trust regulations.
2) Irresponsible fiscal policy effectively monetized by money printing.
3) Ability of corporations and most wealthiest people to ~bribe~ lobby politicians so 2 would benefit mostly them.
To summarize: the root issue is with the government and the political environment which has created it and allowed its short-sighted and irresponsible actions.
From the article:
>And indeed, higher interest rates may work in the short term, for indirect reasons. If money gets tight enough over a cyclical period, then it could indeed cause a recession and a temporary drop in inflation. The private sector gets squeezed with higher interest expenses and tighter credit standards, and asset prices drop or stagnate.
Fundamental solutions to this situation are incredibly painful and require strong political will accompanied by wide support in society. We do not see it today in the US.
The best solution would be to completely eliminate fiscal deficits (either by raising taxes, or by cutting spending) and simultaneously hike rates. Already issued debt will not be affected by the higher rate, thus resolving the article's dilemma. But good luck selling this solution in today's political environment, especially considering that it will cause a huge recession and painful restructuring of the economy in the short-to-medium term.
Buying home at the current prices does not sound wise to me. Even if you expect for printing press to go brrr again, it's likely that before that we will see substantial decline in asset prices.
I call BS. Not only have they invested a significant amount of money into it, they also sell gas to Europe through Ukraine even today. I think they would like to have working pipelines which do not cross any intermediate states, even in offline state.
What are you talking about? Western companies literally own half of NS2.
>no gas ever has flown through it and none would have almost certainly even if it were still fully intact (one strand is undamaged)
I wonder if intentionally delayed certification of the pipeline by Germany has anything to do with "no gas ever has flown". The point is: NS1 + NS2 was a constant temptation for Germany and blowing it has removed the "wrong" incentive.
1) Can change very fast, e.g. on potential strong China reopening or colder than usual winter.
2) Do not fully represent cost of long-term contracts.
Also, with reduced industrial output (especially in energy intensive production) you need less gas. If you try to return to the previous levels, the price will react sharply, thus making growth in those sectors difficult. Finally, a significant amount of electricity generation has migrated from gas to coal, which is not free of consequences...
Sure, it could've been swamp gas from a weather balloon trapped in a thermal pocket, which has reflected the light from Venus.
For intercepting swarms of cheap drones? It's a great fit! Space-based lasers for intercepting ICBMs? Maybe? But true hypersonic weapons (which Kinzhal is not) fly only in air (after all, they use oxygen in it to fly), while being covered in a plasma shield which is really good at absorbing all kinds of electromagnetic radiation.
Meanwhile, with high enough laser power you get instabilities in air which act as a natural diverging lens for your beam, drastically reducing effective range of your system. Push power even further to compensate for it and you will get plasma, which does even better job at dispersing energy of your beam. So in the end, you get a very short range interception system with a minuscule time frame to perform interception of a hypersonic target.
Of course, the Russian story of "destroying" the Patriot battery is also clearly exaggerated. It's quite probable that the most visible and easily targeted radar module got destroyed, while the rest of the system is fully intact or got hit lightly by debris.
[1]: https://edition.cnn.com/2023/05/16/politics/patriot-missile-...
2) "Sittable" EUC models do exist. Though usually they are higher end models and there are some caveats with riding EUC in such way.