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nabla9
searching PlanetScale…
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661.
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Welcome to NNCPNET
(salsa.debian.org)
3 points
by
nabla9
2y ago
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1 comments
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Trump Has Botched His Own Bad Tariff Plan
(theatlantic.com)
15 points
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nabla9
2y ago
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13 comments
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nabla9
2y ago
(For those who only read titles: 60% is not the risk for recession of US Economy) Recession for the US economy is virtually certain if these tariffs stay. Trump folds easily when there is push back that makes him look bad. This makes me thi
664.
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nabla9
2y ago
BRK has beaten Nasdaq and SP500 in 1 year, 3 year, 5 year, 10 year, and since IPO 1980-NOW timeframes.
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nabla9
2y ago
KITE Insta-analysis (Kiel Institute Trade Policy Evaluation) shows that US real output -1.92% price index +9.16% exports -24.52% If inflation is going to jump 9 percent, that's not time for rate cut. The US may enter sta
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Buffett no longer has to defend his massive $300B cash pile
(finance.yahoo.com)
27 points
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nabla9
2y ago
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9 comments
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nabla9
2y ago
He also said that he discussed his plan with Lee Iacocca. (Iacocca died 2019)
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nabla9
2y ago
You give him too much credit. He is a conman, but not a good one. He attracts conmen who are better at the game than he is and they have been milking him for decades. He had eventually to get into business with shady East-European businessm
669.
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nabla9
2y ago
India can grow at 10% but import substitution policy could hurt that, Arvind Panagariya says https://theprint.in/theprint-otc/india-can-grow-at-10-but-im...
670.
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nabla9
2y ago
Rare to see The Economist this judgemental :) >Almost everything Mr Trump said this week—on history, economics and the technicalities of trade—was utterly deluded. ... On economics Mr Trump’s assertions are flat-out nonsense. ... And Mr
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nabla9
2y ago
https://archive.ph/UdUXk
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President Trump's mindless tariffs will cause economic havoc
(economist.com)
23 points
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nabla9
2y ago
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15 comments
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nabla9
2y ago
KITE Insta-analysis (Kiel Institute Trade Policy Evaluation) shows US short term projection is: real output -1.92% price index +9.16% exports -24.52% No other country suffers nearly as much from trade war that Trump started. T
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nabla9
2y ago
KITE Insta-analysis (Kiel Institute Trade Policy Evaluation) shows that US real output -1.92% price index +9.16% exports -24.52% No other country suffers nearly as much.
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nabla9
2y ago
US short term prices jump +9% according to the KITE model for International Trade Analysis when you take tariffs and counter-tariffs into account.
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nabla9
2y ago
It's called Import Substitution . Import Substitution: A Tried and Tested Policy for Failure https://www.kspp.edu.in/blog/import-substitution-a-tried-and... >Import substitution is a policy by which the state
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nabla9
2y ago
That's a crazy showertought. WH might actually consider it. After hypothetical successful debt relinquish negotiations, any new US debt would have similar interest rate to Argentinian debt, 30% or so. Wall Street would shrink and Lond
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nabla9
2y ago
Yes. That's what I said "Devaluing dollar does not reduce debt measured in dollar" The US would still have to pay the debt in Dollars. Devaluation affects currency exchange rates. Debt would be less valuable in Yen and Renmin
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nabla9
2y ago
Last week it was -2.8%. The indicators are in free fall.
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GDPNow first quarter of 2025: -3.7% (seasonally adjusted annual rate)
(atlantafed.org)
5 points
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nabla9
2y ago
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2 comments
681.
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nabla9
2y ago
>They want to repudiate foreign held debt, or devalue it, by revaluation of the USD Devaluing dollar does not reduce debt measured in dollars. It only makes US debt less valuable to forefingers. Devaluing dollar can work well only if for
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nabla9
2y ago
In the original paper Turing mentions 5 minutes. >I believe that in about fifty years'time it will be possible to programme computers, with a storage capacity of about 10⁹, to make them play the imitation game so well that an averag
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Tesla: Anatomy of a Run-Up Value Creation or Investor Sentiment? (2014)
(papers.ssrn.com)
3 points
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nabla9
2y ago
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0 comments
684.
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nabla9
2y ago
Just because they turn against the US on trade does not mean they are becoming friends. American policy is not what keeps them in part. In short term they cooperate on tariffs, because America has gone crazy. On the long term. South Korea a
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nabla9
2y ago
It's the core of liberal democracy. It's the pragmatic acknowledgment that human fallibility necessitated institutional safeguards against the concentration of power. Enlightenment thinkers like Montesquieu, came up with it.
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nabla9
2y ago
> The same solo author (a computer scientist) has made many similar claims based on a variety of datasets. Often coming to completely contradictory conclusions. Some of these claims have been followed up by astronomers, who found errors
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nabla9
2y ago
It's like a nation had a lobotomy. US government is doing series of unforced errors that will change the world forever. It's only three months into the Trump's term. This is going to be a wild ride.
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nabla9
2y ago
"been proven" by who? There is no final arbitrator that is above all others. Liberal democracies are build on the principle that no institution is beyond corruption. That's why they build systems based on separation of power
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nabla9
2y ago
Nvidia should join with Valve and make it a high-end gaming console. It would be nice dual use system.
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nabla9
2y ago
This is Separation of Power Issue and not a clear cut issue. The principle is that Law, Law-making, and executive-power should be separated. It's really who you trust more: courts or the people. 1. French law recognizes that French peo
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