boc

14 ms·

151.
by boc 3y ago
Russia’s economy is smaller and less diverse than the state of New York. People treat Russia as a near-peer when they are in reality a backwater gas station strapped to a cold-war era nuclear triad. The fact that their military can’t defeat
152.
by boc 3y ago
Cite your sources for the claim that “no one is paying for oil in dollars anymore” The West has stood up to a blatant land-grab invasion and has armed Ukrainians with the means to defend themselves effectively. Decimating the Russian milita
153.
by boc 3y ago
The irony of using a USMC slogan and acting like Europeans invented that mindset… The USMC has another famous slogan: Improvise, adapt, and overcome! I’m not sure many European companies share that mindset.
154.
by boc 3y ago
Experiencing homelessness for one night is very different than the chronic homelessness which people are picturing. That second population is much smaller and way more visible.
155.
by boc 3y ago
When you say “significant portions of the population” and then reference a segment of society that could collectively all fit inside one college football stadium, it feels like hyperbole. Despite what you read online, the amount of American
156.
by boc 3y ago
There’s always Mars. Or Montana.
157.
by boc 3y ago
There’s always Mars
158.
by boc 3y ago
Haha you clearly don't understand American car culture. For example: https://www.youtube.com/watch?v=EyDpQpcPpuc 7M views in 3 months. Americans LOVE seeing which car is faster.
159.
by boc 3y ago
> The Inflation Reduction Act of 2022 (Public Law 117-169) amended the Qualified Plug-in Electric Drive Motor Vehicle Credit (IRC 30D), now known as the Clean Vehicle Credit, and added a new requirement for final assembly in North Americ
160.
by boc 3y ago
Electric cars have something that previous "green" vehicles never had: rapid acceleration. EVs are downright fun to drive. Sure they don't have the handling of a lightweight Porsche, but being able to walk a Mustang GT with a
161.
by boc 4y ago
St. Louis is literally the worst major city in the US for murder.
162.
by boc 4y ago
Largest is probably Oklahoma City. They average around 70 murders annually for a population of just under 700K, or around 35th in the nation for major cities. It has twice the rate of murder as SF according to that Wiki list posted above.
163.
by boc 4y ago
I appreciate the feedback, but I think it's unhelpful to dismiss what I said as "lazy". I have an economics background and am certainly not a "blame corporations" reactionary. Companies are smart. When news gets spr
164.
by boc 4y ago
Demand for food is inelastic, so it makes sense that companies are raising prices as high as possible since people still have to eat. Generally this leads to price competition from other food brands, but when single companies own dozens&#x2
165.
by boc 4y ago
The concept of registering on-campus parties is nothing new at private universities, but these requirements are pretty insane.
166.
by boc 4y ago
I mean, the USSR’s state-run actions completely drained and destroyed one of the largest inland seas in the world. Public isn’t always the answer either. What really works for ocean policy is putting informed experts in charge of global reg
167.
by boc 4y ago
Since you bring up game theory, the optimal strategy is to defect (withdraw your money) SECRETLY so that the bank has the highest chance of survival and your venture debt loans, relationships, etc all survive. Instead, some VCs PUBLICLY&#x2
168.
by boc 4y ago
There has been some unsourced reporting from insiders saying there were only about 20 minutes away from raising the required capital necessary before the VCs rang the alarm on Twitter. SVB mismanaged the situation by announcing the raise be
169.
by boc 4y ago
It's objectively hilarious that the top VCs put on their "banking expert" hats and misdiagnosed SVB's public statements so badly that they created a run on their own bank. Let's be honest, very few of the VCs callin
170.
by boc 4y ago
Putting your series A check into a fucking bank isn’t a risky financial strategy. Speaking of private markets, they should have bid higher. Instead the government won and will likely come out ahead with their arrangement. No taxpayer money
171.
by boc 4y ago
In 2018 some countries had started experimenting with negative interest rates, so 0 isn’t the lower bound. Secondly, you would have been wrong for the next ~3 years. That’s a long time to be on the wrong side of a bet. Long term nothing is
172.
by boc 4y ago
This behavior is what traders call picking up pennies in front of a steamroller.
173.
by boc 4y ago
That's just gambler's fallacy. If you said the same thing in 2018 you'd have just as much evidence, but you would have been wrong.
174.
by boc 4y ago
It's not that crazy considering we saw 10 years of 0% interest rates... well for the past 10 years. If anything it was the status quo. Only in hindsight does it look crazy.
175.
by boc 4y ago
SVB didn’t make a risky bet- they did the opposite and locked deposits in a very conservative bond strategy.
176.
by boc 4y ago
The FED isn’t quite the government. If the government controlled monetary policy directly things would be way, way worse.
177.
by boc 4y ago
Taxes are still due even if you aren’t getting paid in USD. I don’t understand how crypto is legitimately solving a problem for you.
178.
by boc 4y ago
Except it's hard NOT to see a self-driving car (including cars without anyone inside) if you walk around SF these days. Please don't conflate Musk and Tesla with the Waymos of the world.
179.
by boc 4y ago
Covid was a "perfect" conspiracy disease because the symptoms were so different person-to-person. A 50%+ lethal disease won't leave many survivors to say "it wasn't that bad, everyone overreacted!". The initial
180.
by boc 4y ago
What about pilot lights on a stove/oven? I have an old-school unit in my house that has three pilot lights that are always on... the put off a fair bit of heat. I don't love the idea of them burning constantly from an energy stand

More ›