kesselvon

Except none of that is going to affect near or medium term gas prices. The current spike is driven by high global demand and OPEC production cuts during the pandemic.

That's why gas prices are rising globally.

18 of the top 25 selling cars in the U.S. are SUVs or pick-ups. Which are inherently less efficient than a sedan.

With rent, it's a guaranteed loss, with a mortgage on a property there's a high possibility of a return of investment, in addition to a return on investment.

You go from 1 household to 3. In densely populated areas, single family houses shouldn't really exist because its a huge waste of space, especially in places next to public transit.

It seems like its very rare for anyone outside the immediate founding team to get enough equity to make an exit worthwhile. It's not like back-in-the-day where places like Google gave equity to their chef

Lehman was allowed to go bankrupt, which in the UK forced the immediate cessation of operations (in the U.S., the firm can still operate even if its bankrupt). That was the equivalent of shifting to park on a car moving 80 miles an hour, especially as they froze their prime brokerage.

The blow up probably could have been less severe if they smoothed the landing.

Younger people have a stronger immune response to things. Could just be an overreaction by a younger person's immune system.

There's not a lot of scenarios where inflation doesn't push wages up. At some point workers demand and receive an inflationary match.

Debt isn't going to impact inflation in the near or medium term, so long as people keep buying Treasuries.

There's no real alternative to stuffing money into Treasuries, so it's kind of a moot point right now.

You can tell they're fresh because there was a big fear of inflation because of quantitative easing. Thinking of QE as a solution to inflation is really something else.

Tech press is basically PR for venture-backed startups. Don't expect techcrunch and the like to actually do serious reporting.

It's about professional women athletes, not the general public.

That means 70 years of population growth and then a plateau on consumption levels that are still insane.

The status quo was as much political as was the "woke" activism

The problem is that we life under a system that demands endless growth on a finite plane.

It's pretty clear that the human population has grown beyond the ability of the planet to sustain a progression towards universal industrialization. Humans have nowhere else to live and we're eroding what underpins our ability to survive.

We more than tripled the human population in the last 100 years. In my own lifetime, the human population has grown by 42%. It's insanity to believe we can continue this without serious consequences.

You have to zoom out and see if there's a systematic trend, it means the system isn't working.

Just like a huge student debt load is the responsibility of one person, but a national student debt load of $1.7t is a systemic failure.

If one outcome is occurring across a large data set, it means the cause can be both systemic and individualistic.

The solar business is basically dead. Tesla is a car company that builds electric cars until it shows otherwise.

The market for retail as a category is way larger than the market for personal vehicles. Tesla is valued at a price that implies that the majority of cars being produced will be from Tesla.

It's a dumb tech stock multiple except the marginal cost of another car isn't zero like it is for a salesforce instance.

The country requirement is because having an employee in a different country is a big regulatory endeavor.

Plus if you're doing a lot of international traveling while being directly employed, you are probably breaking immigration law wherever you're going (you're not allowed to work on a tourist visa, even if its remotely).

It's not freedom when there's little alternative to car usage in the U.S.

As a society, 10-15% of household spending goes towards transportation costs (largely vehicle payments, fuel, and maintenance).

If every day driving is reckless, then it means the system is not designed for safety.

Taking out systematic issues that cause bad driving is proving the point. Just like how the spike in pedestrian deaths is caused by an individualistic arms race between drivers as to who can have the biggest, heaviest vehicle.

Wind and solar are condition dependent, nuclear runs all the time, consistently.

It's a good way to only get the rich to become federal politicians.

Congress gets paid like 174k a year. Sure, it's a lot of money compared to the US median, but anyone who can get elected to Congress can earn that elsewhere.

For tech, 174k isn't even a big salary; we're talking an industry where a starting SE salary at a FAANG is around there. That's not a huge paycheck for a 24/7 job like federal politics.

It's pretty bad to run campaigns that discourage voting. Accepted practice is to encourage to vote for someone, and not discouraging participation completely.

East Germans are a lot poorer, the East German economy is a lot lower productivity and investment, and politically the old DDR states lean a bit more right (ripe area for AfD recruitment).

Some West germans still look down on Ossies, even though Merkel was one herself. It's a lot like how northern states look down on southern states in the U.S.

It made more sense when business knowledge and education was pretty rare. But now they're just very skilled powerpoint makers - nothing McKinsey does is particularly secret or proprietary, and a company could easily have the same results by hiring an internal team or just doing their own research.

It's dumb because McKinsey is not going to undermine their pharma contracts, so any advice they're going to give will be inherently biased.

At that point, might as well have the big pharma companies write a wish list and send it on.

Watering down an opioid safety program when the negative externalities of pushing opioids onto patients was very apparent is definitely not ethical.

Given that you had to join the party to be a teacher, and your whole job was pushing propaganda at children, yeah they are.

Being a cog in the machine still makes you part of the machine, even if you didn't directly do anything.

That defense is not likely to work.

The reason she's using it is because the evidence is so overwhelming, there are no other cards to play.