fuel costs killed the 747, not the A380
we know this is true because no one is replacing retired 747s with A380s, they are replacing them with smaller, more fuel efficient planes
187 karma · joined October 27, 2017
we know this is true because no one is replacing retired 747s with A380s, they are replacing them with smaller, more fuel efficient planes
I'm not sure why the Christmas Truce continues to fascinate...it amounted to nothing in the grand scheme of the conflict other than to expose the final shred of naivete on both sides.
We need to figure out how to get 10 million out of the State.
In California, you only need approval of Caltrans. In other states it is likely similar.
Many people think there is a "taxpayer" angle...there isn't. The governing body of the roads typically has blanket authority to close roads without public consent
In the end, Towns will reconfigure themselves to be giant cul de sacs.
why does the US need redistricting? and who asked these people to do it?
this is about as good as it will get. private industry will try to hide and/or paper over the abuses and we will continue to honor them as "progressives"
think it can't happen here? Waco.
the dangling incentive will artificially sustain coastal developments
frankly if we are going to bail out home owners on coasts, why not home owners near fire risk areas?
the other day there was a story of a nurse in San Jose (no one special) making $260k...more than most people here I bet
Programming is declining in attractiveness and may become a McJob for most
Given Apple's deep pockets and platform ownership, how is it that Spotify is still alive? How is it the Apple Maps is still lagging Google Maps so profoundly? Or that Apple can't muster any response to Netflix at all? Let's not even get into the farcical self-driving car project they aborted
Apple has now had years and unlimited funds to compete in these service markets, but still is behind. Tim Cook needs to do some exec shuffling, the company is coasting. Shareholders and analysts won't ask tough questions, everyone is making money and they don't want to jeopardize access
these are what they appear to be - bear market funds
we basically don't know what would happen, but it's safe to say the rich might not be assured of a safe bearish trading market in a civil society
it's only the clients that are losing money
he just has to produce doomsayer screeds that are convincing enough to fool the clients. he's basically being paid to write dystopian fiction
markets tend to rise and as a result market declines tend to be temporary
the permabear thesis appeared in the early 80s when the US was in a rut and we also became a debtor nation. the permabear thesis -that debt and fiat currency would produce an economy favoring the pessimistic (but not completely imploding to the point of collapse, because you can't invest in that), proved to be wrong over a thirty year window
if you have an axe to grind, you will always find a permabear manager willing to tell you tales of doom...it will cost you your financial goals though
if the market crashed that low for a decade, you would see massive regime change in every democratic nation and the rich would be stripped bare
https://www.hussmanfunds.com/strategic-growth-fund/
As always, Hussman manages the near impossible feat of reliably losing money in virtually any market environment
The Dow has risen 5k in a year and Hussman still manages to be in the red....I'm sure his clients are thrilled
on top of the how-is-that-possible string of losses in every fund he manages across any time frame...his expense ratio is insane! 5% fee ratio to lose money in a bull market...sign me up?
his clients would be better off maxing out a string of savings accounts to earn 0.1% interest but get FDIC coverage
most permabears since the 80s realized you can't fight the Fed, even if the whole system is based on BS
I'm not damning GS...any entity that has officially crossed over into too-big-to-fail should take as many crazy risks as possible...why not?
its one of those "heads I win, tails you lose" scenarios...GS will keep the profits but if things go south, their losses can just be taken out of your local school budget
happy trading
real shame we don't have a President Sanders...yes, really, oh yes I agree...
Citylabs fantasy community is an endless stream of apartment buildings virtually fenced in by taxation (so you can't even dream of escape) and regulation (so you could only ever get as far as public transportation would take you). all ruled by people who post on HN. no thanks!
Atlantic on the other hand publishes long form opinion pieces
For every grizzled vet that throws in the towel, frustrated with adblocking freeloaders...two young idealists take their place.
Anyone can publish a blog. Mastheads don't have a reason to exist anymore. My advice to a young writer is to build your own brand and forget about print operations trying vainly to stay relevant but have no reason to exist anymore.
On any given day, on any given topic, I can usually look around for a few minutes in any Reddit thread and find something genuine, well written, and useful that is equal to or superior to "quality" journalism that apparently won't survive without my money
the EU would be much better off letting disgruntled states go, even if it diminishes the size and prestige of the remaining union, unless the bureaucrats relish spending the next fifty years in endless, pointless debate and hand-wringing
the UK isn't alone. I doubt the EU will see 2030 in its current form.