hugh3

68 ms·

661.
by hugh3 15y ago
Surely aluminium is the way to go?
662.
by hugh3 15y ago
Surely public companies have no need to care that much? Once your shares are sold, they're out there, you don't care all that much if they decline in value. The people for whom this is really bad news are the companies who were planning
663.
Ross Gittins: Sorry to be so sober, but the world is not ending(smh.com.au)
1 points by hugh3 15y ago|0 comments
664.
by hugh3 15y ago
A handful of bats = one?
665.
by hugh3 15y ago
Rioters don't buy things, they steal them.
666.
by hugh3 15y ago
I'm pretty sure riot police have their weapons issued to them, and don't need to buy their own on Amazon.
667.
by hugh3 15y ago
Or just normal folks planning to defend their own homes. Rioters don't need to buy weapons, they loot them. If I were in London I'd be buying weapons too. The only thing that disappoints me is the prevalence of baseball bats and paucity o
668.
by hugh3 15y ago
I take issue with that $15,000 number. According to: http://www.indexcreditcards.com/creditcarddebt/ revolving consumer debt (of which credit card debt is a large but strict subset) was only $7400 per household in November 2010 and I doub
669.
by hugh3 15y ago
I don't get it. If I'm being sued by a big record company, then unless I'm absolutely 100% sure I'm going to win, wouldn't a loser-pays system be an even bigger disincentive to fight it in court? I'm sure their lawyers cost much more than
670.
by hugh3 15y ago
If this is really the case, why is anyone still crazy enough to use BitTorrent?
671.
by hugh3 15y ago
Before anyone gets too excited: Amino acids on a comet, 2009: http://www.newscientist.com/article/dn17628-found-first-amin... Amino acids in interstellar space, 2002: http://www.newscientist.com/article/dn2558-amino-acid-found-... and a
672.
by hugh3 15y ago
I would classify it as "not particularly".
673.
by hugh3 15y ago
Perhaps, but you'd get more of 'em. Still, lifetime value, really? I admit that I've been letting my car insurance roll over from year to year because I'm too lazy to go looking for new quotes (though this site, once it's working, will sign
674.
by hugh3 15y ago
Seems like a site someone will visit once or twice in their lifetime If you're smart, you'll visit every six months and see whether someone else is cheaper. At the very least you should visit every time you get a new car. If they're sma
675.
by hugh3 15y ago
Exactly, that was what I was saying about "starve the beast".
676.
by hugh3 15y ago
That's a pretty good counterargument. OK, you've changed my mind, let's not kill the poor.
677.
by hugh3 15y ago
If you disagree, counter-argue, don't downvote.
678.
by hugh3 15y ago
You'd think so, wouldn't you? On the other hand, where else are you gonna put your money?
679.
by hugh3 15y ago
As a have, I'm cool with this.
680.
by hugh3 15y ago
More meaningful if you look at it as a portion of GDP. http://en.wikipedia.org/wiki/List_of_countries_by_current_ac...
681.
by hugh3 15y ago
Ah, now I understand, thanks. Anyone can rate bonds, but the ratings issued by the "blessed" agencies have legal significance and mine don't.
682.
by hugh3 15y ago
However, it has not only become questionable whether Washington will be able to make the necessary changes in the foreseeable future, the corruption that underlies this inability is very hard to get rid of and may cripple the government ev
683.
by hugh3 15y ago
the ratings agencies are approved by federal regulators and are protected from real competition. I'm confused. Surely if I decided to set up my own bond rating agency nobody could stop me?
684.
by hugh3 15y ago
If your conspiracy theory were true, then why would S&P be rating the US Treasury at anything other than AAA?
685.
by hugh3 15y ago
You're using a rather odd definition of "wealth" there. Cars are wealth because they are useful... and indeed can be used to make money.
686.
by hugh3 15y ago
If you think you can invent an algorithm that produces a more accurate picture of default risks on various types of assets, then I'm sure the world will beat a path to your door. Until then, this is the best we have.
687.
by hugh3 15y ago
Indeed, no real wealth was destroyed. Well, a few cars were set on fire in London, but that was unrelated. Part of the secret to my happiness is this: I permit myself to feel happy on days when my stock portfolio goes up, but not to feel sa
688.
by hugh3 15y ago
It's natural that different ratings agencies should disagree sometimes. That's why we have different ratings agencies.
689.
by hugh3 15y ago
Hyperinflation will start I bet you a trillion dollars that it won't.
690.
by hugh3 15y ago
Unfortunately this implied "downgrade = stock plunge" association seems to be everywhere this morning with no mention that long term interest rates for US debt have actually dropped. Well, if everyone believes that downgrade --> stock

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