brenden2

28 ms·

241.
by brenden2 7y ago
Get in line Saudis, there are a lot of people doing phone spying campaigns in the US.
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by brenden2 7y ago
Not just Zoom, basically every company.
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by brenden2 7y ago
Thanks, that was well put.
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by brenden2 7y ago
Neither of them have exponential growth. The rate of growth has steadily decreased after the first initial spike of cases.
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by brenden2 7y ago
I wrote a comment elsewhere about death rates in the US. 81 people per day is not an astronomical number for the most densely populated part of the country, in fact it's well within the normal number of deaths according to CDC data. In
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by brenden2 7y ago
They're bad, but if you put it into the context of normal daily life it's not that crazy. Check out the CDC stats[1] yourself. On average there are about ~1700 deaths per day from heart disease alone in the US, according to the
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by brenden2 7y ago
While I'm not questioning the truth of these accounts, what annoys me about all these reports is that they seem to be anecdotes rather than hard data. It's really difficult to understand what's actually going on because the d
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by brenden2 7y ago
Elon probably just went on Alibaba and bought some with his credit card.
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by brenden2 7y ago
This is about making sure rich people don't lose money. It's not about helping people at the bottom.
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by brenden2 7y ago
Yes, you're right. The guys at the top collect all the benefit, and everyone at the bottom absorbs all the risk.
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by brenden2 7y ago
Keep in mind they're only able to buy US treasuries and mortgage backed securities. If Congress changes the rules to allow the Fed to purchase stocks, we'll be in for some very interesting times. It could be that we get an economy
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by brenden2 7y ago
Computer screens are incredibly distracting regardless of the make or brand. It's basically a backlit distraction generator. As a side note, I'm not a big fan of LCD displays in cars. I prefer analog gauges/dials/knobs,
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by brenden2 7y ago
In Manhattan I've noticed a huge drop in the number of tourists in the past few days, but what's more interesting to me is the total number of people out and about in central park (and other parks) hasn't dropped much. It see
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by brenden2 7y ago
Most forms of media do this to varying degrees. Most actors, for example, are attractive people. Few unattractive actors are successful, unless perhaps they only play roles which play off of their unattractiveness (like antagonists/vil
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by brenden2 7y ago
I'm not installing a stupid app so Microsoft can collect data on me. Please just make the website continue to work properly in a mobile browser.
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by brenden2 7y ago
The CEOs will probably just take the money and use it for more stock buybacks and pay themselves bonuses. It's 2008 all over again. They put themselves in this position by being fiscally irresponsible in order to pump and dump their st
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by brenden2 7y ago
The government has a history of taking advantage of panic and fear to pass egregious legislation. Another famous example is the Patriot act, passed during the height of "terrorism" hysteria.
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List of Mass Hysteria Cases(en.wikipedia.org)
2 points by brenden2 7y ago|0 comments
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by brenden2 7y ago
Yikes, this is kind of scary. This could magnify the losses dramatically as lenders start to implode due to the cascade of defaults. If anything, they should increase the reserve requirements to prevent instability and encourage a flight fr
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by brenden2 7y ago
Presumably it should be -100% in cities like NYC where restaurants have been ordered to shut down for in-restaurant dining.
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by brenden2 7y ago
The planet is getting a break right now. Unfortunately it probably won't last.
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by brenden2 7y ago
If you subtract all the cyclists who are hit by cars from those statistics, then cycling is orders of magnitude safer. It's only dangerous when there are cars on the road.
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by brenden2 7y ago
Did they also ban driving? It's a lot more dangerous than riding a bike.
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by brenden2 7y ago
This kind of consolidation is probably not good for everyone who depends on open source projects. Microsoft now owns a significant portion of software distribution.
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by brenden2 7y ago
IDK, but you can short them with options (by buying puts).
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by brenden2 7y ago
Here's some information about it: https://en.wikipedia.org/wiki/Corporate_debt_bubble
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by brenden2 7y ago
We've got a long way to go down, IMO. A lot of these highly leveraged companies are going to implode, and the companies that lent them money will also implode. The biggest victims (out of survivors) of this coronavirus panic are probab
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by brenden2 7y ago
Indeed, it would require congressional approval. That's likely the only reason it hasn't happened yet. FWIW, there is precedent for this. The Bank of Japan owns something like 70% of all stocks in Japan via ETFs.
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by brenden2 7y ago
This is an incredibly bearish signal. The Fed essentially turned its biggest lever all the way, and there's little left in their toolbox. One can only speculate as to why they're panicking like this, but my guess is that it's
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by brenden2 7y ago
I've definitely noticed a decline in the number of people on the streets of Manhattan and riding the subway. It's been a breath of fresh air. It's easier than usual to get a seat on the train, so I've been taking full ad

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