brc

55 ms·

541.
by brc 12y ago
I'm not sure of the point of this article. Are they criticising the strategy? Are they praising it? It seems fair enough to me, as long as it's not just coors light with a different brand. To me this is no different than Toyota
542.
by brc 12y ago
That is common in all countries. Budweiser in the uk is brewed in the uk and tastes nothing like Budweiser in the us. 'Fosters' the Australian beer, is not really found at all in Australia. Where it is found, it is usually brewe
543.
by brc 12y ago
Well, no. The fact that Richard Dennis chose to stop taking customer money after a bad loss in the 87 crash proves nothing. The EMT/EMH states that because all the information is in the he public domain, returns above market over time
544.
by brc 12y ago
You don't need scientific proof or reading material - the theory you are trying to prove is wrong. Just look at the number of billionaires who have decades long 20,30,50% average returns - not possible by chance. The efficient market h
545.
by brc 12y ago
Not a bio-chemist but I'm with you. Chalk it up to the quite modern phobia that big companies are out to get you. I like to do the old joke of asking people if they want some di-hydrogen monoxide. Usually they say no or look at me if
546.
by brc 12y ago
You can, but really should you bother? There are funds which are done with automated trading, they're not the sort of thing you'll see on TV but they are about. I've had one for over ten years and it has returned about 15%
547.
by brc 12y ago
I once set down this path but stopped. Your big problem is that the future market doesn't look like the past market. There is a statistical error inherent in excessively curve fitting past data. You could develop a system which says
548.
by brc 12y ago
The issue is already the amount of regulations that attach to a full time worker. Adding more will only generate adverse affects. Using words like 'forcing' and 'penalising' will work in the opposite direction to what y
549.
by brc 12y ago
Thanks for the reply. It seems that credit cards are designed to tap into the human desire to live in the moment. I guess if you had to actually go to a loan shark and pick up a suitcase with $15k in it, and know that a goon was going to
550.
by brc 12y ago
I think part of the reason is that history always seems compressed when you look back, but the present seems to stretch forever. So you can look back at a 5-7 year period in the 1970s and say 'look, that's where inflation occurred
551.
by brc 12y ago
The asset behind the loan has little to do with the interest rate. That is a function of default rates. There is an opportunity cost when a loan goes bad - that money is earning zero percent - as well as the cost of foreclosure (repo man
552.
by brc 12y ago
It sounds good in theory but you're still learning. If you remove the market for 20% loans, then those people will not get finance for anything, ever. A 20% interest rate merely reflects the reality of lending to people like your young
553.
by brc 12y ago
I'm curious how you weren't more savvy with carloans and credit in general? Was it never discussed by your family? Did you ignore advice? It always seems completely obvious to me to steer clear of financing cars (never had a c
554.
by brc 12y ago
Right - the overall impression I got of ether article is the last big deal was $1 billion. which is peanuts in the scheme of things, really. Some people might get burnt, but it's not going to crater the economy. Subprime has become a d
555.
by brc 12y ago
But if you are increasing energy prices for things like solar subsidies, then you are making poverty worse. There is no avoiding that. I'm not going to comment on all your other suggestions - that's not the point I want to make.
556.
by brc 12y ago
Right, natural gas is a good alternative. Base load power and cleaner burning. But that is an entirely different proposition to subsidising purchase and use of solar panels at above-market rates.
557.
by brc 12y ago
Your right, I misread your original comment. However, supporting subsidies for solar through increased prices for everything else does penalise the poor. We are in agreement about the Fed. Only the debasement goes back further than 40 yea
558.
by brc 12y ago
Dr Hansen has had himself arrested for activism so many place little credence in his views, particularly as he likes to contrast his scientific work with exaggeration when talking to the media. The IPCC predictions have all been revised dow
559.
by brc 12y ago
1. 70% loss is incorrect as others have pointed out. 2. What 'catastrophic runaway warming'? The latest IPCC report says 1.5 degrees by 2100. Neither catastrophic nor runaway. That is business as usual scenario, which doesn&
560.
by brc 12y ago
Biofuels are a blight on the world.
561.
by brc 12y ago
And if you asked those people, they'd probably prefer a regular grid so they could use power at night, when domestic consumption is highest.
562.
by brc 12y ago
All correct, all down voted for being unfashionably true. Dumping lots of solar power during the day makes usually efficient power generation inefficient. When dealing with countries with a majority of coal-generation (like mine), it's
563.
by brc 12y ago
If you are stating that current poverty should be made worse so that the currently ineffectual emissions reductions through the use of solar panels might benefit their grandchildren by changing the arrival date of spring by one day, then th
564.
by brc 12y ago
Poor people are often subject to fuel poverty, especially in regions with cold winters. This is established fact, and it's shocking in a world where power can be abundantly generated and distributed that poor people suffer and even di
565.
by brc 12y ago
I'd like someone here to mount a moral case for why driving up the price for regular users of power to subsidise solar panels is acceptable? Would anyone accept that increasing gas taxes to give Tesla owners a cash payment is an ethica
566.
by brc 12y ago
One thing that is in historic accounts, is that people used to die in the street in London quite frequently. This is probably related to the fact that their dwellings were so small. If the person died in a not-so-good area street gangs wo
567.
by brc 12y ago
Some of them have local ordnances on them that requires money to be spent on fixing/securing.
568.
by brc 12y ago
This is the correct answer, all the others are looking the wrong way. We know it is the correct answer because it identifies how farmland sold by the acre can turn into residential land sold by the 1/4 acre. All because the zoning (an
569.
by brc 12y ago
The budgets for films like that are extensive. The wiki says it was $132 million. It also says it has grossed over $230 million. If you put that in company terms - if you took a startup company and funded it with $132 million, and put out
570.
by brc 12y ago
Hoarding is Keynesian fantasy, and can only exist if people stuff gold or cash in their mattress. Paying down debt or saving is a healthy base for a a economy to grow from. Japan suffered a deflationary event, but has not had a deflationar

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