Castanza

That becomes more difficult with how advanced equipment becomes. LMTs first jet airplane was built with 6 full stack engineers in 143 days (concept -> production). The stuff coming out today is incredibly complex. Where do you get the capacity for scale? I would think you need very complex facilities. Also with how co reacted out small parts are, I would think this “extra capacity” would be more difficult out down chain as you move towards the smaller suppliers. Likely would be harder for them to justify this “just in case” capacity with their much smaller budgets.

Yeah I’m sure the academics have reasons for their 2%. I’m just a believer that economies are way too complex to think a simple interest rate number or target inflation numbers can account for all the variables and effectively produce results. Sure they have a place, but the tool is beyond blunt. I’d argue it’s a magnifying glass vs electron microscope. It’s really absurd when you think about it and just start listing off variables of inputs outputs, geopolitics, local politics, birth rates, wild fires, bankruptcies, new businesses, college grads, job market (regional, local, national), innovations, technological changes, etc.

2% rate has always given me a chuckle. It literally did come out of nowhere and everyone just hopped on board. https://sites.lsa.umich.edu/mje/2023/09/04/why-the-2-inflation-target/

So far this just seems like standard bananas market volatility. Nothing substantial to suggest oil supply will be constrained at this point imo.

Whaaaa Obama won a Nobel Peace Prize! Forget about all those drone strikes But in all seriousness I don’t disagree with you. I think war is complicated and decisions are not binary. War is Hell and that’s why it’s best avoided….imperfect decisions in and imperfect world result in imperfect outcomes. There is so much to this topic and things and stories I could share that I learned from friends with first had experience but I won’t. In short the ME is one F&$ked up place. It seems this topic is drifting and not wanted since the other thread was deleted.

I believe the claim was 40 women children and babies with some beheaded babies. But this really should t even be shocking. It’s not difficult to find videos of ISIS, Hezbollah, Boko Haram doing this and much worse things. I have seen photos first hand from people who were in Mosul that showed women and children’s heads on sticks outside of an school ISIS decided to target. I’m not sure people understand the evil that exists out there. Things that happen on a daily basis that make a SAW movie look like a Disney movie…..what the media never will show. Could it be a lie? Yeah possibly….but Hamas is fully capable and likely to do something like this.

Who said I view those individuals differently? Who said I don’t support Ukraine? I just think US involvement should be limited because of the issues we have here. And fwiw, Hamas and Russia are two completely different scales of attack and warfare… Israel has mandatory service for all citizens. Ukraine does not. Israel is constantly dealing with attacks, Ukraine does not. These aren’t even comparable situations imo.

Who makes ink cartridges for the US Treasury USD printers?

All very true…there is no shortage of bottlenecks out there for the transition. Probably will be pockets of development sustained by govts (country, or state level) intervention. Governments don’t often take the most logical or rational approach to changes. Throw in a some economic disaster in key development or adoption locations and it throws a whole monkey wrench into the change over. Then you have all the competing markets of consumer electronics, other renewables etc.

Frustrating indeed….Any options to leave? My FIL works for West Pharmaceuticals and works on plastic presses, injection moulds etc. pretty much indispensable to the company and more useful than the majority of the plastics engineers. He’s saved their bacon and come big contracts more than a handful of times. What do they pay him? Like $28/hr with one weekend shift a month. The so called “bottom rung” as described by the egg heads are often more valuable than they are described.

The last decade really amplified this too with big corps financing frivolous projects with billions in cheap capital; all while giving .25 cent raises and frozen turkeys at Thanksgiving.

Agree with this 100% Western medicine has evolved into “let’s throw a pill at the problem.” The prescription drug usage rates speak for themselves.

Yeah I agree I think there will begin to be a massive push from the top down to get this switch made. You can already see it in the manufacturing. Will be interesting to see what types of business opportunities pop up in the EV repair industry. It’s going to be a bumpy road imo.

I mean the UN laid it out over a decade ago in their Agenda 21. It amazes me how few people look at this stuff. WEF wants the same thing. CBDC - monitor and control spending Move everyone into tight little urban centers with 15min walking cities. Nobody will own anything and it will all be regulated and controlled from the top down. It’s not a matter of IF but WHEN imo. What you choose to do with the info is up to the individual. I mean it’s a theme all throughout history. But we have the technology now to actually try to pull this off at scale. Might not be for another 50-75 years but usually things happen slowly then suddenly. I mean the elites are literally telling you what they are going to do and people just ignore it lol

Do you think at some point once EVs become good enough with enough options and enough infrastructure to support them at scale; we will see another “cash for clunkers” type program to push people that direction? It seems like a tandem market will be a real pain for consumers and manufacturers. But this could take a long time to play out as well. The transportation market is so complex. .

Ukrainian Men Abroad Avoid War, and Are Racked by Guilt https://www.wsj.com/world/ukrainian-men-abroad-avoid-war-and-are-wracked-by-guilt-1e7fe3fd?st=303fflght5pa2iy&reflink=article_copyURL_share It’s one thing to do this in silence…or to avoid a war you don’t think there is any business being fought. But going to the press and having a sympathy piece written about you and your “guilt” for not joining up while your country is getting invaded is a whole new level of Fortunate Son. I can look back and understand to a degree those who fled to Canada during Vietnam, or those who chose not to join the military during the GWOT due to no real objective post 2011…after all GWOT was a voluntary war….but your literal home is being invaded, your friends went off to fight for it and you flee to Canada for “school”.

What income class and demographic are they from if you don’t mind sharing.

Why is everyone assuming all these obese people will want to take GLP-1s for weight loss? There is a lot of “fat and happy” people out there who simply couldn’t be bothered and enjoy their daily fast food/soda. This also ignores the psychological aspect of fast food (addiction and comfort/coping). The demographics and class structure doesn’t exactly line up with who is likely to buy or pursue these drugs imo. But I guess that could change based on accessibility and affordability. 92% of cosmetic surgeries (breast, nose, lipo, tummy) in the US are for women. 89% of liposuction patients are women 80% of gastric band surgeries are performed on women ~70% of the above are white women ~15% African American Overwhelming majority of cosmetic surgeries are done by upper middle and upper class people. Trends heavily up as income rises. 35% of women eat fast food daily 38% of men eat fast food daily 42% of African-Americans eat fast food daily 37% of Whites eat fast food daily 35% of Hispanics eat fast food daily 30% of Asians eat fast food daily The middle class eats the most fast food followed by low income and then the wealthy.

Start following Gen McCrystal routine. 1hr of jogging in the morning and 1 big meal a day.

I thought there were a bunch of side effects with Ozempic? Loss of bone mass, cartilage, tissue etc. There was also a UK report about thyroid issues etc. Something tells me this is going to be too good to be true. Plus if you’re a guy why tf would you take Ozempic when you could just get TRT online shipped to your house lose weight and get shredded? Side effects are generally manageable if you don’t go nuts and you can still pretty much eat whatever you want.

https://podcasts.apple.com/us/podcast/odd-lots/id1056200096?i=1000628747870 Very good episode

Pretty much consumer spending looks good (sales up yoy). Retail inflation coming down (COST CEO). Housing looks better, consumer debt not really that bad etc. Dont want to speak for you @wabuffo but just highlighting the data you highlight on twitter vs the sentiments we see blasted across the media.

Good exercise is to look at retail stocks…then go look at Wabuffo’s Twitter account.

https://podcasts.apple.com/us/podcast/odd-lots/id1056200096?i=1000628671006 Thought this was an interesting perspective that highlights some of the current mindset people have with markets. Helps me flesh out the difference in sentiment vs metrics. Is anyone else noticing (maybe just the algos for me) on fintwit the divvy portfolio push? Seeing a lot of people pushing dividend income over longterm share appreciation. It’s like a “rent your income” type of thing… Seems like a byproduct of people’s obsession with the “coming market crash”, economic outlook, housing market, etc. and as a result reaching for income security in the short term.

Something tells me you might enjoy this Twitter account https://x.com/trudeaus_ego/status/1706453975061475605?s=46 Sad to see Canada and the US in the state they are in. Politicians are so out of touch with what the people want or what’s best for both countries it’s starting to look like France just before the chateaus started burning.