mcliu
-
Posts
1,155 -
Joined
-
Last visited
-
Days Won
2
Content Type
Profiles
Forums
Events
Posts posted by mcliu
-
-
4 hours ago, AzCactus said:
Help me understand how Hamas agreed to any proposal. Didn't they basically just give a counter offer to Israel?
If you change the terms of what is initially offered, what you are accepting is not what was initially proposed. Someone let me know what I'm missing.
Hamas: I want X
Israel: I want Y
Hamas: Ok, I accept X
Media: Hamas accepts ceasefire.
LOL
-
This is why mainstream media has lost all its credibility. They just accept whatever is said and pass it on as “news” as long as it fulfils their narrative.
-
10 hours ago, Gamecock-YT said:
Citigroup
I think CNBC said Jane Fraser was at the Berkshire AGM..
-
Nominal GDP was up 4.8% annualized. Seems kind of high for a rate cut. Also unemployment is only 3.8%.
-
Core PCE +3.7% but only +1.6% GDP? Just a quarter but are we seeing potential stagflation?
-
Wow. Is it really a hedge if the opportunity cost is 90%? 11k actual vs 100k “unhedged”.
-50% over 20 years doesn’t sound like a hedge.
Also this is a mutual fund not a hedge fund.. Pretty crazy that he can do this.
-
9 hours ago, Luca said:
Yes, if anybody can recommend me good restaurants and other good things to do in Japan/Osaka and Kyoto Area, out with it!
Kyoto’s amazing, my favourite place to visit in the world.
If you’re into food, try to find a kaiseki restaurant in Kyoto. It’s a real experience and Kyoto takes it to the next level. You might need to have your hotel book since most are reservations only.
https://en.m.wikipedia.org/wiki/Kaiseki
Renting a kimono for a day is kind of fun given the historical backdrop. All the Japanese gardens are incredible.
The Philosopher’s Walk is a nice less touristy area to go for a walk. There’s an incredible robata (梨門邸) that we accidentally wandered into for lunch that I still reminisce about.
https://www.japan-guide.com/e/e3906.html
-
1
-
-
1 hour ago, no_free_lunch said:
Is anybody else a little upset that an entire thread just disappeared....
I am fine with no politics but then why are we discussing Ukraine...
+1 Yes.
Why was it deleted?
-
The fundamentals still show declining inventories. However, production has increased in the US - nearly 13mmbpd.
-
17 hours ago, no_free_lunch said:
I agree with Luca on the sanctions. They simply do not work. Not with China / India avoiding them.
The rest I think is short sighted. It all boils down to whether the US & now NATO should interfere or simply stay in their zone. Our rivals are not staying put, they are expanding. If we do nothing, then you face irrelevance and then who knows. Certainly Ukraine, Chechnya, Georgia, Tibet, etc. teach us that we cannot sit idle and expect to be left alone. We have to have defenses. Just a question of where we draw the defensive lines and what we are willing to do to protect those lines.
I think yes and no.
There's different ways of winning. Fighting proxy wars is not that effective. The US lost the proxy war in Vietnam but won the Cold War.
I think the US won because they demonstrated that a capitalist-democratic society provided a better quality of life than a socialist-command society.
I think to win long-term, your society needs to excel in freedom, education, safety, healthcare, infrastructure, cost of living, technology, business opportunities.
Over the last two decades, we have not invested enough in these areas and other places are catching up or surpassing us.
-
$100B more to maintain current stalemate..
"Milley says: there will be no military victory."
-
1 hour ago, Viking said:
Most of the variable rate mortgages have a uniquely Canadian twist… they are called ‘adjustable’. If interest rates go higher the borrower can pay more in interest and less in principal - but the total mortgage payment does not change. To make the math work, the amortization period is extended. Lots of variable rate mortgages in Canada now have 40 or more year amortizations (yes, when 30 is the max) and some are as high as 70/years. Some of these mortgages are so far offside that the total mortgage payment is no longer covering all the interest costs - the mortgage balance is actually increasing for these loans.
Three major Canadian banks have disclosed that about 20 per cent of their residential mortgage borrowers – representing nearly $130-billion in loans – are seeing their balances grow as their monthly payments no longer cover all the interest they owe.
https://www.theglobeandmail.com/business/article-mortgage-borrowers-td-bmo-cibc-homeowners/
-
Was peace possible if NATO agreed to stop its expansion?
-
1
-
-
7 hours ago, no_free_lunch said:
If Russia were winning why would they reach for links to North Korea of all places? What does this say about Russia?
The future is uncertain, especially for wars, so it's good to think probabilistically. In a downside scenario, Ukraine might not prevail. What happens then?
-
6 hours ago, no_free_lunch said:
Where were your guys criticism when Russia murdered tens of thousands of Ukrainian civilians in Ukraine. This link is just a one off and frankly Russia's wagner group has it's own nazi links.
If Russia were winning why would they reach for links to North Korea of all places? What does this say about Russia?
Our tax dollars aren't going to Wagner, they're going to our politicians and to Ukraine. Why shouldn't it be a problem if these folks end up supporting extremists?
The longer this war drags on the more Ukrainians & Russians will die. Why aren't we trying to get Ukraine to negotiate for peace? France brokered a ceasefire between Georgia and Russia after 7 days, saving countless lives, why can't that happen here?
Does the West really care about Ukrainians or are we using them to give the finger to Russia? If we cared so much about Ukrainian lives, why don't we send our own troops instead?
-
1
-
-
-
8 minutes ago, Dinar said:
Funny, Zelensky was applauding a man who would burn alive his grandparents if he had the chance. In other news....
Strange upside down world now.
It seems like the Russians are learning quickly. There is a growing possibility that Ukraine may not prevail despite our weapons. Meanwhile, Ukrainian casualties are mounting quickly. What happens then?
-
10 years of Trudeau gave us negative per capita GDP, weaker C$ broken healthcare, housing crisis, immigration crisis, broken education, depleted and broken military, record debt and deficits and multiple foreign policy fiascos. Probably time for some change.
-
Seems like the narrative is changing from “where’s the proof” to “but he’s a terrorist.”
-
Zelenskyy came to Canadian Parliament recently. They gave a standing ovation to an Ukrainian veteran that fought against the Soviet Union in WW2. Turns out that he fought as part of a SS unit.
The man was identified as Hunka by the Associated Press, which published a photograph showing Zelenskyy smiling and raising a fist during the ovation.
The AP caption described Hunka as having “fought with the First Ukrainian Division in World War II before later immigrating to Canada.” The First Ukrainian Division is another name for the 14th Waffen Grenadier Division of the SS, the military wing of the Nazi Party; the unit was also called SS Galichina.
This is the same unit that is honored by controversial monuments in Canada, Australia, and, as the Forward recently exposed, the suburbs of Philadelphia and Detroit. Jewish groups have called for their removal.
Formed in 1943, SS Galichina was composed of recruits from the Galicia region in western Ukraine. The unit was armed and trained by the Nazis and commanded by German officers. In 1944, the division was visited by SS head Heinrich Himmler, who spoke of the soldiers’ willingness to slaughter Poles.”
Three months earlier, SS Galichina subunits perpetrated what is known as the Huta Pieniacka massacre, burning 500 to 1,000 Polish villagers alive.
-
It sounds like Canada was trying to keep this confidential and work the back channels but reporters caught wind and were going to break the story.
Evidence is confidential given the “investigation” but sources have leaked:https://www.cbc.ca/news/politics/sikh-nijjar-india-canada-trudeau-modi-1.6974607
The Canadian government has amassed both human and signals intelligence in a months-long investigation of a Sikh activist's death that has inflamed relations with India, sources tell CBC News.
That intelligence includes communications involving Indian officials themselves, including Indian diplomats present in Canada, say Canadian government sources.
The intelligence did not come solely from Canada. Some was provided by an unnamed ally in the Five Eyes intelligence alliance.
Canadian sources say that, when pressed behind closed doors, no Indian official has denied the bombshell allegation at the core of this case — that there is evidence to suggest Indian government involvement in the assassination of a Canadian citizen on Canadian soil.
-
1 hour ago, TwoCitiesCapital said:
But gas gas prices? Have they gone nowhere over 15-years as in my example? Or are they up 6% per annum as per Dinar's?
I think 15 yr is not a great comparison because fracking really took off in the last 10 years. US went from a nominal player to #1 producer. Prices would be far higher had fracking never happened. Prices are far higher than 2015/2016.
22 minutes ago, Spekulatius said:The higher long yields are an indication of the economy doing better than expected. Looks like we have no problem with 5% interest rates, at least the doom and gloom that was predicted did not happen.
Maybe higher interest rate is actually a stimulus because one person’s interest expense is another person’s interest income.
-
Not sure how accurate this is or if they're just using it to talk their book.
-
The economists are starting to do whatever they can to justify not raising rates.
This is like the EBITDA version of CPI lol:
Iran - Israel - Gaza Conflict
in General Discussion
Posted · Edited by mcliu
Bill Maher said something like:
Hamas will wipe out Israel but can't.
Israel can wipe out Palestine but won't.
It's a war and full of shitty choices and collateral damage, especially against an enemy that uses human shields.
Allied forces also killed a lot of civilians fighting Hitler. Maybe by today's standards that would be a genocide and war crime too?
The US and Israel have both done some real questionable shit over the last 50 years. But if you had to pick teams and it's USA or Taliban or Israel or Hamas, the choice is pretty obvious..