MrMakabar

joined 2 years ago
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[–] MrMakabar@slrpnk.net 9 points 20 hours ago (2 children)

Get rid of your car. They are insanely expensive. Not just to buy, but also taxes, insurance and other operating costs. At the same time bicycles are nearly free.

[–] MrMakabar@slrpnk.net 25 points 1 day ago (2 children)

Tesla stock was at $144 a year ago and is at $253 today. 5 years ago it was at $47. With income at $0.12 per share it is not like any of those are even close to reality. However they are what needs to fall to kill the Elon.

[–] MrMakabar@slrpnk.net 2 points 2 days ago

"Explores" means they are looking into it and "sources say" means somebody told them. If I had to guess, a bunch of oil and gas lobbyists are working hard on making it happen and at least somebody "explored" the option, which can just mean "yeah that is dumb" or "we should really do that".

[–] MrMakabar@slrpnk.net 8 points 2 days ago (1 children)

They both are looking to maintain the status quo of wealth concentrating in the 1%.

Powell is doing that. Trump however is working hard to concentrating the wealth of the oligarchs closest to him, which make up a lot less then 1% of the population.

[–] MrMakabar@slrpnk.net 18 points 2 days ago

So more solar panels for developing countries....

[–] MrMakabar@slrpnk.net 11 points 3 days ago (1 children)

Sorry, but did somebody ask AI to create some cyberpunk motorcycle pictures for this article?

[–] MrMakabar@slrpnk.net -2 points 3 days ago (15 children)

China is following the playbook of Japan, South Korea, Taiwan and similar countries. The all used window guidance to quickly grow targeted industries, which actually worked very well. All of them are wealthy countries today. However that dependence on how good the window guidance is. They take on a lot of debt to invest and it only works as long as the investment is actually smart. If not the debt increases and that causes massive problems down the line. So it creates a bubble and when it pops it hurts badly. After decades of growth those bubbles probably are nasty.

[–] MrMakabar@slrpnk.net 5 points 3 days ago (1 children)

Is Trump working on Making America Great Again, by turning it into a European colony again? A massive trade war with China, is obviously going to hurt both countries and Europe is the largest economy left.

[–] MrMakabar@slrpnk.net 14 points 3 days ago

Looks like the Easter peace got at least observed on some parts of the front.

[–] MrMakabar@slrpnk.net 6 points 5 days ago

Ukraine is working on anti air drones...

 

The Russian budget presumes a minimum of $60 to keep everything going. In 2019 the Russian oil extraction cost was $32 per barrel. So this really hurts.

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submitted 3 weeks ago* (last edited 3 weeks ago) by MrMakabar@slrpnk.net to c/solarpunk@slrpnk.net
 
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