onebaddude

14 ms·

91.
by onebaddude 13y ago
> I have no formal background in economics, but I'd really appreciate it if someone who does could explain this statement in some context. There is constant fear that someday China (and the rest of the world) will simply lose faith
92.
by onebaddude 13y ago
I thought the same thing. Email money transfers? I've been doing them through my bank for years. It's incredibly simple. I guess this says something about the state of innovation and technology; there are gaps, even in the mains
93.
by onebaddude 13y ago
>its hard not to get compared and contrasted to Apple. You make some great points, especially when drawing a comparison with Apple. However, I believe that most users purchasing these devices are coming over from Windows . When you com
94.
by onebaddude 13y ago
> No controlled experiments = not a science. According to whom? Wikipedia: Science (from Latin scientia, meaning "knowledge) is a systematic enterprise that builds and organizes knowledge in the form of testable explanations and p
95.
by onebaddude 13y ago
Thanks for this. I think a major flaw with the Shiller P/E is that there is no fundamental reason for choosing 10 years of earnings for the calculation. Why not 7, or 12? When events like 2008 happen, and earnings drop tremendously a
96.
by onebaddude 13y ago
>This is a prize given by the Central Bank of Sweden, not really an unbiased source. The only people who care about the title of the prize are elitists who clearly miss the point of discussion. This is a prestigious prize in the field o
97.
by onebaddude 13y ago
>Even if this story is a rehash of what has been already said in F1 fan blogs, it is very accessible to people who know little about the sport. Don't worry, that's just the obligatory HN top comment of: I happen to have more k
98.
by onebaddude 13y ago
>So it's a little bit more subtle than just "our climate is inherently better for deep philosophical thoughts" or "our climate means that we are more productive workers". Precisely. The people here are ripping on
99.
by onebaddude 13y ago
> but I don't feel convinced because they all seem to be generic attacks on accuracy." It's the same mentality that drives people to criticize every article here with an I know better, this is wrong attitude. Malcolm G
100.
by onebaddude 13y ago
It's funny that people here are mocking Gladwell and Diamond for presenting popularized, simplified interpretations of the science, but those people are doing the same thing by simplifying the works of the authors. There's nothing
101.
by onebaddude 13y ago
>If those fake rates were true Energy and food prices are volatile, as they depend on exogenous factors. Try reading about droughts and wars. Your new car is more expensive in 2014 because it's safer, more fuel efficient and techn
102.
by onebaddude 13y ago
I'm with you. I've read and enjoyed Mr. Gladwell's books, and may even prefer his essay writing[1]. The guy isn't writing a dissertation; this is lightweight pop-science from a fairly good writer and presenter, with a kn
103.
by onebaddude 13y ago
That's a great logo.
104.
by onebaddude 13y ago
>If they stop these purchases there is a widely held belief that the t note rates will increase The only people calling for a crash when rates return from "historically low" to just plain old "low" are those that depe
105.
by onebaddude 13y ago
>As long as the Fed is easing, fundamentals don't matter. Can you point to a metric, besides the obviously flawed Cape-Shiller, that shows the stock market is anywhere near a point where fundamentals "don't matter"? &
106.
by onebaddude 13y ago
The amount of reserves in the system are fixed by the Fed. Reserves can be moved from bank to bank, but the total amount in the system remains the same.
107.
by onebaddude 13y ago
Or, people could read about how and what the shadow banking system is instead of watching a popular, slanted - albeit good, documentary. The "shadow banking system" aren't banks, that's the point. People underestimate j
108.
by onebaddude 13y ago
>If you deposit £50 pounds in the bank the cash becomes an asset of the bank Deposits are liabilities to a bank.
109.
by onebaddude 13y ago
> I don't know why people seem to expect VC to be of better virtue than others means of founding a company. Because they talk the game. For example, here's Reid Hoffman, another VC on a pedestal: "When I graduated from S
110.
by onebaddude 13y ago
A good example of this "membership" model done right is Audible. https://www.audible.com/ How it Works and About Membership featured prominently at the top of the page. When you're signed in, your member
111.
by onebaddude 13y ago
> Features =/= Crapware "Feature" is just semantics, then. I'll take a pizza ad over Game Center opening up and asking me to make an account every time I play a game, thanks. But unlike the Apple die-hards, I can
112.
by onebaddude 13y ago
> They're all apart of the council on foreign relations... This in my opinion, is why we won't change... So was Carl Sagan, Angelina Jolie, Paul Krugman, Oprah Winfrey, Tom Brokaw, Aaron Ross Sorkin, etc etc. The CFR is a coll
113.
by onebaddude 13y ago
> "the cause of Google's flagging stock price and Android's failure to effectively compete with iOS in the mobile market." Was your comment sarcasm, or just terribly misinformed? "Flagging" stock price? Yo
114.
by onebaddude 13y ago
> " I'm much more concerned about the uneducated person who works as a day laborer and doesn't have the opportunity to pursue a career that might result in a secure retirement." She felt she was pursuing a career t
115.
by onebaddude 13y ago
>illiquid garbage bonds and derivatives. You can go to the FED site and look at all the bonds they purchased from the financial institutions. Outside of the Maiden Lane's, most of the bonds have increased in value. This was a prof
116.
by onebaddude 13y ago
I'm not very good at ELI5, but briefly: all debt is a liability on one balance sheet, and is therefore an asset on someone else's balance sheet. That's an accounting identity. If you go belly-up and can't pay your debt
117.
by onebaddude 13y ago
> "Detroit and the US are both spending themselves into a debt crisis." Do you have any data that the US is on its way to a debt crisis? It sounds to me you're just repeatedly and wrongly assuming that we're somewh
118.
by onebaddude 13y ago
> "That might be relevant if someone on the thread had claimed such a thing. " It's extremely relevant to the argument at hand. In case you didn't read the article, it's about Detroit going bankrupt, to which oth
119.
by onebaddude 13y ago
> "Asserting something confidently does not make it so." You're pointing to the debt ceiling as an argument? It's political posturing. You know, to scare the plebes. Apparently it works. The article is referring t
120.
by onebaddude 13y ago
> "because Detroit can escape via bankruptcy and the US can't" What does "escape" mean in this context? Bankruptcy means that bondholders and other investors get stiffed. That's a rather one-sided view of

More ›