hristov

22 ms·

241.
by hristov 4y ago
"But who the fuck would give them a loan like that (like you say, just to have Musk at the helm)?" A syndicate of banks, including Morgan Stanley, Bank of America, Barclays, Mitsubishi UFJ Financial Group, BNP Paribas, Mizuho Fina
242.
by hristov 4y ago
Yeah, I like living in a democracy, so I appreciated when twitter silenced certain people that tried to use it to violently overthrow my democratically elected government. Donald Trump tweeted all the time, many of his tweets were of a very
243.
by hristov 4y ago
The main difference isn't really who but how much money. One uses a lot of goods and services in ordinary life. Generally speaking one hopes that the provider of these goods and services uses their resources efficiently to provide them
244.
by hristov 4y ago
Last full year (2021) was profitable if you ignore a massive one time shareholder litigation settlement payment. Usually one ignores these one time hits to evaluate the normal ongoing operation of the company.
245.
by hristov 4y ago
Good point. Also whenever Musk talks about making sacrifices to “make ends meet”, one should point out that Twitter was a perfectly profitable company with all those employees before the buyout.
246.
by hristov 4y ago
The craziest thing is that this recession was mostly self inflicted.
247.
by hristov 4y ago
The FED does pay an interest rate on bank reserves, but the FED sets that rate themselves (this is the IORB rate). One hopes, with all the economists they have on staff, they would not set that rate to such a value that would lead them to i
248.
by hristov 4y ago
This is a little alarmist. At least for the US, there don't seem to be any losses because the FED just lets the assets roll off. I.e., it does not sell the treasuries on its balance sheet, it lets them mature and gets paid the principl
249.
by hristov 4y ago
It is not about ability, it is about opportunity. As automation and chemistry overtakes farming there is smaller and smaller demand for people.
250.
by hristov 4y ago
The answer is simple -- it is just a flight to safety. And the dollar is the safest place to hold assets at this point. The inflation is not the biggest issue. If inflation was the biggest issue, everyone would be holding the stocks of comp
251.
by hristov 4y ago
They can probably try to do that but Margaret Thatcher completely destroyed the UKs manufacturing base in order to screw over labor unions. The Thatcher theory was screw over manufacturing in favor of financial services. She was widely prai
252.
by hristov 4y ago
The iron law of hristov strikes again. It merely says that twitter is a terrible platform to publish anything that isn't short and idiotic.
253.
by hristov 4y ago
Sorry I did not realize the gp poster was referring to a meme.
254.
by hristov 4y ago
Oracle is anthropomorphic. It is, after all, just a bunch of people. What Oracle does is done by people that hold various positions within Oracle.
255.
by hristov 4y ago
This has got to be one of the worst clickbait headlines in HN history, and this is an achievement. This is what happened. Person A has his tesla serviced, tesla increases his range by mistake. Person A puts a wrong decal on the tesla and il
256.
by hristov 4y ago
But you will have to move BTC from the old wallet to the new one. And that will be visible on the blockchain.
257.
by hristov 4y ago
They are planning to pay a mighty high cost for a bunch of views of desert and stony mountains. Not that I am knocking the views, they have a certain serene value to them, but it is not that hard to get those types of views in Saudi Arabia.
258.
by hristov 4y ago
Ok. This guy is unhinged. I very much doubt this goes much farther beyond CGI.
259.
by hristov 4y ago
The main reason for this is taxes. It is the same reason why India's government is also trying to ban cash (with very negative results for the economy). You see rich people have to use banks. Because over certain sums, using cash just
260.
by hristov 4y ago
It is very easy to track crypto spending. All the information is there on the blockchain for anybody to peruse. The blockchain may not have personal identifications, but you only need to catch a person spending bitcoin once in order to matc
261.
by hristov 4y ago
The parts lying in oil paper were probably also covered in oil or more likely grease. Oil paper by itself does little to prevent rust. There are costs associated with covering parts with grease. You have to apply it everywhere, for many app
262.
by hristov 4y ago
And those truffle flavored products taste terrible and are not at all comparable to the real thing.
263.
by hristov 4y ago
This is an important issue. People keep talking about recycling, but much more important than recycling is just being able to use a thing for longer before you are even thinking about recycling it. Japanese automakers did the world a great
264.
by hristov 4y ago
So I read the last paragraph .... and I am thinking this must be the guy that designed the great millenium leaning tower of San Frencisco. "Civil engineers don’t always have the luxury of founding structures on the most stable of subgr
265.
by hristov 4y ago
https://graphics.latimes.com/oil-operations/
266.
by hristov 4y ago
The great irony is that BP and Shell did plan for global warming and did upgrade their infrastructure accordingly. Even back in the 80s, they build their ocean drilling rigs to be high above the water knowing full well that they were causin
267.
by hristov 4y ago
Yeah. It should be noted that in places where Soyuz capsules have historically landed there is a real danger of man eating bears and/or wolves. That is what the gun is for.
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by hristov 4y ago
This is a great site except for the Hayek quote in the end. One of the bad things that happened in 1971 is that people started listening to scumbags like Hayek, instead of economists like Maynard Keynes who genuinely wanted the economy to h
269.
by hristov 4y ago
Two of these things -- baseball and disneyland are clear monopolies. The other thing -- movies is not really that expensive if you do not buy the food and you should not be teaching your kids to eat at the movies anyways. A lot of people ar
270.
by hristov 4y ago
Yes. Me. I was an amateur and was definitely buying in the low end of the SLR spectrum, but I kind of stopped when iphone cameras started getting very good. I thought that photography was a cool hobby and liked being able to control a bunch

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