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yukonbound

34 karma · joined December 16, 2018

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yukonbound··on Skirting U.S. sanctions, Europeans launch trade mechanism for Iran
The UK has always had a lot going for it, and the City of London has been the banking capital of the world long before the EU. With them leaving the EU they will become more competitive even if only by having to compete a bit more. The Germans and the French cannot provide the same regulatory framework as is provided by the city.

I’m surprised their isn’t more discussion about the German domination of the EU. The current structure is not sustainable, and Britain leaving will make that more evident quickly. I would not be surprised if the Dutch are waiting to see where Britain leeds before jumping ship themselves.

yukonbound··on Why We Dominate the Earth
Abrahamic Religions arrived perhaps too recently. The records we have of ancient civilizations show that they successfully dominated their environments already, and certainly accomplished amazing things.
yukonbound··on Lego collecting delivers huge and uncorrelated market returns
The analysis ignores 99.99% of LEGO that has been sold and is now worthless.

Focusing on items that have been resold would bias the analysis to show larger profits for LEGO investment.

This looks like a great example of survivorship bias.

yukonbound··on AI Is About To Take The Ship's Helm Away From Humans
The financial incentive for these mining companies are huge though, as a driver can earn A$120k before even considering the total cost of employment for a remote FIFO site.

Mine site are open cast, mine large tonnage and have long mine lives justifying the large initial investment.

Australian mining operations are also very dry, which helps a lot. Rain introduces a lot of variables.

Large scale automation is particular to the Australian mining industry at this point.

South African deep level gold mines have been working on this for many years with little success, and I think they have mostly given up.

yukonbound··on China sentences Canadian man to death in drug case linked to Huawei row
I don’t know. His english mistakes are very plausible just typical French grammar mistakes and his viewpoint is not incorrect and in fact most likely true for the overwhelming majority of visitors. Perhaps the tin foil is sitting a bit tightly...
yukonbound··on Critical step found in DNA repair, cellular aging (2017)
Another 30 years of productive healthy life, and retiring at 90 will do fine thanks.
yukonbound··on Spain will soon overtake Japan in life expectancy rankings
In my experience the food in Singapore is fantastic. Especially in the foods halls.

The food in America is diabolical. The amount of processed food with too much salt, sugar and fat makes you ill after a while.

For the difference in health outcomes I’d start to look here. Especially as poor people have very little healthy options in the states.

yukonbound··on How McKinsey has helped raise the stature of authoritarian governments
As it was explained to me the purpose of the management consultant is not to solve the problem, but to take the blame for solving the problem.

The Internal politics of most reasonable sized corporates are Byzantine to say the least. Senior management might not have the political capital to drive change through an organization, don’t want to take the blame if the change does not work, or just want to signal that they are doing something, without taking responsibility for said something.

Hence...management consultants... and the pricier and the more prestigious he better.