nostromo

28 ms·

451.
by nostromo 4y ago
Apparently they've learned nothing from Meta's mistakes. They're for gaming and escape. Not for work, not for communication. This could be a huge market, but Apple and Meta don't seem to understand that at the highest l
452.
by nostromo 4y ago
Disney did just fire their CEO though. Although he got a $20m exit package which undoubtedly softened the blow.
453.
by nostromo 4y ago
Does blocking ever work? People are smart and usually just work around them.
454.
by nostromo 4y ago
Just pick a too big to fail bank and keep your personal deposits under 250k per account. So, Chase, Citi, BofA.
455.
by nostromo 4y ago
Because we printed trillions of dollars and haven’t come close to removing all that excess stimulus yet - nor have any supply side constraints that existed prior to Covid been removed.
456.
by nostromo 4y ago
Inflation was surging well before the Ukraine invasion.
457.
by nostromo 4y ago
Families/households are also smaller so we need more homes, all else being equal.
458.
by nostromo 4y ago
Yeah, NPR just got lazy. Every story is viewed through an identity lens. I remember when Bitcoin dropped dramatically and they had a story about how it was disproportionately impacting black investors.
459.
by nostromo 4y ago
Planet Money is just sad now. It used to be some of the best financial reporting out there -- almost as good as Money Stuff by Matt Levine. Now it's always falling over itself to be cute and talks down to its audience. It's like
460.
by nostromo 4y ago
Put charitably, it's activism. Put uncharitably, it's misinformation. NPR is largely an activist organization and has been since the mid-2010s. They never lie, mind you, but they consistently present half the story. It's sa
461.
by nostromo 4y ago
That's a charter school though. They're largely free to shape the content however they like.
462.
by nostromo 4y ago
Some of the material that was available in school libraries shocked even me as a gay man. Here are two pages from a book (Gender Queer) that caused a bunch of this controversy: (Caution: these links might be NSFW, but they are blurred) ht
463.
by nostromo 4y ago
Musk also says he has no equity. https://twitter.com/elonmusk/status/1639142924985278466?s=46...
464.
by nostromo 4y ago
Your thinking has been completely overtaken by tribalism. "We can be bad now because other people have been bad in the past." Note that you excuse bad behavior from Stanford Law Students because of the Westboro Baptist Church. T
465.
by nostromo 4y ago
The students are all free to give their own lectures disagreeing with the judge. They are not free to scream and yell like children so that nobody can hear his talk. Freedom of speech is also the freedom to read and the freedom to listen.
466.
by nostromo 4y ago
People just need to not give a shit about mobs. Who cares if students are angry? They’re just students. If they can’t behave themselves, kick them out.
467.
by nostromo 4y ago
> Overall, I think the fewer additives in foods and the less processed foods that we eat, the better off we will all be. Can someone define what a processed food is? Bread is processed. So is orange juice. Impossible Burgers are probab
468.
by nostromo 4y ago
You see this all the time in the US. I can get an item shipped to me from China on Aliexpress for a few cents or even free. The same package shipped to me from my own city costs several dollars. Business interest in the US totally screw
469.
by nostromo 4y ago
If you bought property in the late 1970s, you had to wait until the 1990s to get a lower rate. When dealing with inflation, sometimes when rates go up, they stay there for an extended period.
470.
by nostromo 4y ago
1. The government requires banks buy their debt and hold it as reserves because it's considered the safest investment. 2. The government decides that, oops, it printed too much money in 2020/21 and is causing inflation, so it rais
471.
by nostromo 4y ago
> What guardrails prevent me from using it to generate hate speech? Honestly, who gives a shit? Humans can do this already.
472.
by nostromo 4y ago
The other deep irony is that many tech companies ruined the office by forcing open office designs. It was no secret that employees found them difficult places to be productive. And now they wonder why nobody wants to go there.
473.
by nostromo 4y ago
Bad news is good news when the only trader that matters is the Fed and his money printer.
474.
by nostromo 4y ago
> Aside from the crash in 2008 There’s a strong argument to be made that the Fed caused the crash in 08 too. First by keeping rates too low for too long after the dot com crash, then aggressively raising them right up until things start
475.
by nostromo 4y ago
> The age of the kids was in their system. We don't know that. The DOL hasn't said what system "flagged" the kids as potentially underage.
476.
by nostromo 4y ago
> repossess their cars In other news: Ford Motor Co. has filed a patent application for technology that would allow autonomous vehicles to repossess themselves if drivers miss payments. https://thehill.com/homenews/3
477.
by nostromo 4y ago
> That’s not true though. There's not enough information here to know either way. What system flagged them, when, and based off of what information?
478.
by nostromo 4y ago
There are millions of undocumented workers in the US using fake identities to get jobs. Both major parties support this system. Some Republican interests enjoy the access to dirt-cheap labor. Some Democratic interests want immigrants to
479.
by nostromo 4y ago
SVB definitely mismanaged risk. But I don’t think people realize that no bank could have 25% (and counting) of deposits withdrawn in a day and survive. If they had still been allowing withdrawals on Friday that number would be much much hig
480.
by nostromo 4y ago
They’re spinning it because no politician or appointee wants to be on record as bailing out Silicon Valley, venture capitalists and Crypto. But the end result is the same: a tax on everyone to bail out Peter Thiel and friends.

More ›