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Joined 1 year ago
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Cake day: June 13th, 2023

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  • It requires a front-loaded investment in infrastructure, which means lower returns for a few quarters.

    Most companies wanted people to use horses for as long as possible because that meant they had to adapt, change, and invest. Why do something that’s difficult when you can just do the same thing? This works out when you don’t really have competition because the cost to enter the market is so high due to decades of mergers and acquisitions, consolidating all means of production and materials to a select-few companies.









  • Private companies moved to China because of capitalism. That’s exactly what I said. Cheaper means of production and whatnot. This could have been avoided with some forward thinking in the 70s, 80s, and 90s about the future of America. Investing and subsidizing industries so that they stay in the states, encouragement to move away from the unlimited growth mindset, etc.

    We don’t like to think that far in the future though because we like to have quarterly returns so instead of building up our infrastructure and industries state-side, we built them up in China because of the lax regulation and cheap labor.




  • It’s true that the Earth has gone through many warming/cooling cycles. We have more than 140 years of temperature data. Scientists are able to use samples from ice in polar regions to accurately trace temperature back more than 200,000 years. There are also geological and botanical signs that scientists are able to use to give approximate temperatures.

    The difference between past cooling cycles and present-day isn’t that we are getting hot, it’s the rate in which we are doing so.

    Even in the 140 year span that we’ve been using thermometers and able to record data purposefully, the past 30 years has rapidly increased. Historical records show that the temperature increase we’re experiencing is something that used to happen over multiple millennia, not within a century or two.



  • Aren’t these hot spells becoming increasingly common?

    Climate change = significantly hotter average summers and/or significantly colder winters.

    That’s why the mainstream changed from global warming to climate change. When it was global warming, everyone assumed the entire world would get increasingly hotter but that’s not necessarily true. The world on average would get significantly more hot but there will be areas that have crazy winters when they used to have no/mild winters before.

    Edit: it’s hard to pinpoint one specific data point and say “this is why this is happening.” Especially globally. But we can look at the average temperature across the globe and compare historical records to show something is changing.


  • It’s funny how we can print and print money for decades, we can “invest” in private industries, give them loans with favorable interest rates, billions in grants, look the other way with regards to regulations, not block anti-competitive practices, but the second we try to help actual people directly everybody loses their shit.

    Want to help the economy? That $10,000 (or $20,000) for Pell grant recipients might allow someone to save $300 more a month towards a house, a car, or spend it on goods and services. After 3 years, that’s money back in the economy rather than back to bank that have gotten plenty of help in the best.