daxorid

8 ms·

31.
by daxorid 7y ago
> A big part of what happened in Zimbabwe, by the way, was that land reforms caused a massive collapse in food production (a major part of their economy) and unemployment skyrocketed. They spent a lot in response Okay. Fed officials are
32.
by daxorid 7y ago
Of critical note: The day Twitter shut down Zerohedge for reporting on COVID-19, that was the market peak, and roughly a week prior to broad awareness of the scope of the problem. Put another way: Twitter killed people by suppressing voices
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by daxorid 7y ago
This is one of the consequences of the modern obsession with "reach for yield" or growth at any cost. Everyone feels pressure to put every single dollar "to work", because everyone else is. It's an extremely fragile
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by daxorid 7y ago
> Why anyone would go to gold during a societal collapse I will never know Depends on the type of collapse. For a localized collapse during which the rest of the world is better off, gold is great to have, as it will generally garner bet
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by daxorid 7y ago
4 sheets crumpled up gives much greater surface area, as well as perpendicular folds, with which to grab the target material. Wiping with a flat surface makes no sense at all, and likely requires multiple wipes to achieve the desired result
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by daxorid 7y ago
Nobody saw the Japanese coming in 1941, either. And yet, millions of Americans sacrificed, liquidated their businesses or shifted them to a war materiel production footing, changed jobs, bought war bonds, etc. Tens of thousands of diners an
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by daxorid 7y ago
Bear in mind that "essential" in these contexts is a very fluid definition, and is likely to be highly dependent on the popularity and connectedness of the sellers/partners. For example, Elon Musk managed to convince Alameda
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by daxorid 7y ago
Coronavirus was the pin that popped the bubble. But the pin could have been some other event, at some other time. All crashes have catalysts, but the specific catalyst is usually irrelevant, in hindsight.
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by daxorid 7y ago
> We blew the past few weeks No, "we" didn't blow anything. Plenty of us have been preparing for this for well over a month. And now, you want taxpayers, savers, the conscientious, and the prepared to bail out the people w
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by daxorid 7y ago
> may I ask you instead of blaming whoever No. We knew the R0 of this thing in late January, and we knew, at least approximately, the fatality rate and ICU/ventilation requirement rate, in very early February. Every single "jus
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by daxorid 7y ago
A bottle of isopropanol, prior to this event, cost approximately 79 cents. The only change to resource allocation we need is a psychological one: specifically, to accept the idea that prepping, even at a very small level, is not insane.
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by daxorid 7y ago
There's no kinder way to say this: People who make fun of "doomsday preppers" and cast social opprobrium to those who chose to lengthen their own personal supply chain can go get fucked. Zero sympathy to those who cry of shor
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by daxorid 7y ago
Yes, the SARS vaccine virtually guaranteed severe lung scarring if you were re-exposed to full-strength SARS: https://journals.plos.org/plosone/article?id=10.1371/journal...
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by daxorid 7y ago
> lofty valuations This is the correct answer. Enormous equity bubble over a decade in the making. There is precisely zero justification for buying index funds at a Shiller PE over 30, yet that's exactly what every price-insensitive
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by daxorid 7y ago
>True, and I’m surprised the POTUS has yet to announce the closing of air traffic from and to Italy. You're surprised that the guy who tweets every all time high in the DJIA would be hesitant to do anything that might compromise the
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by daxorid 7y ago
Yes, mechanical ventilators and in most cases, supplemental oxygen for roughly 18% of patients. We can expect CFR in the US to be fairly low (approx 2%) as long as the availability of these resources permits treatment for all who need it. A
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by daxorid 7y ago
Let me preface this by saying I believe in AGW, and that it's an existential risk. > I don't see why this needs to be politicized this heavily One huge reason is that the coincident ideologies of the left can't be taken se
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by daxorid 7y ago
[deleted]
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by daxorid 7y ago
> You definitely want your doctor, optometrist, dentist to be licensed Expert systems have been beating doctors in correct diagnosis rates for years, yet the ego of physicians will not permit them to save more lives, in a fact reminiscen
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by daxorid 7y ago
This is highly individualistic. I can smoke a cigarette or cigar socially, periodically, have done so for years, and never experience a craving. However, alcohol calls to me like Odysseus's sirens. I have friends who are precisely th
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by daxorid 7y ago
banker bad, armchair (amateur) realist good As a paranoid rag goes, ZH's faults are many and varied, but come on - the critique that the Federal Reserve doesn't know what the hell it's doing is 100% valid. The observation t
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by daxorid 7y ago
The LDS Church put its "racist" past behind itself fairly easily because the "Mark of Cain" canard was trivial to dismiss as misinterpretation. LGBT acceptance will be a much, much tougher slog for them, given the cent
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by daxorid 7y ago
Short selling is used used as a hedge against downside risk of a long position Not accurate, assuming you're talking about the same stock. Shorting a stock is precisely equivalent to selling it, and your brokerage will always net the
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by daxorid 7y ago
There's also TA bots. Both algorithmic and human traders who will eschew a stock at $280 but consider it a buy at $430 because it crossed some magical technical level, without anything fundamental having changed about the underlying co
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by daxorid 7y ago
American culture does not know what to do about natal issues. Because the vast majority of correct answers are politically incorrect. There are a lot of causes of infertility, but the two main ones in the developed world are delayed pre
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by daxorid 7y ago
Rather than downvoting, which I strongly want to do The bootlickers don't bother leaving an explanation for their downvotes; you're under no obligation to operate on a higher moral plane to placate the demons who advocate for ou
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by daxorid 7y ago
When you're talking Gold or USD, extremely common.
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by daxorid 7y ago
Yes, but one thing Vultr didn't copy from DO is their disgusting and virulent anti-free speech position. The result is a superior product. Today, Vultr offers similar service, at a lower price point, without the risk that your entire a
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by daxorid 7y ago
The Unites States will always pay the coupon. QE4 is currently supporting our record issuance in the repo market - you know, the support that was supposed to be unwound by now, but has in fact grown in position since the beginning of the ye
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by daxorid 7y ago
Anecdata, and unrelated to the back: With 100% correlation, anytime I start getting RSI symptoms, I can reference my training log and it turns out I haven't been diligent with the holy combination of face pulls and raw deadlifts. Data

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