Even though many of these players are not publicly traded, they're clearly manipulating the public equity markets with their funky receivables and equity swaps, inadvertently creating what has become the largest "company" in the history of the World and setting us all up for a Greater Depression. https://d0k5l7l4820swi.archive.is/3GCs7/463302388f7f218ff374...
Like the USSR before it, China is a force to be reckoned with and certainly we need to increase national productivity and workforce participation in order to keep up with our debt, but this is not how we countered Sputnik as the memories of the 1930s and two World Wars were still top of mind. Look your children in the eyes and ask if the risk that's being put upon us is worth ...them. https://youtu.be/lNXTKVxOmfk
Hiring illegal immigrants is risky and hurts businesses that choose not to cheat.
This article makes it out like neither the immigrants or the businesses that hire them have broken the law - when in fact they all have.
I’m no fan of ICE, the tactics are disgusting. but this article does not mention even once that both coming illegally and hiring illegal immigrants is a serious crime… in any other country you would deported for over-staying and no one would bat an eye. Why is the United States any different?
The flip side is: efficient capital allocation is better for our economy as a whole than trying to save certain jobs for emotional reasons.
Struggling businesses that can’t operate effectively and provide a poor return on capital should be shuttered - the only way to deal with the mountains of paperwork involved is to incentivize very smart people to work at very bad companies. smart people don’t like to work at failing companies. how to reconcile this and ensure efficient capital allocation? huge monetary compensation.
Is what they’re doing efficient capital allocation?
I’m not convinced anymore.
Market economics aren’t working the same when the government has turned particular knobs to a degree that nobody ever shows back up to serve the market once someone quality disappears……
for an incredibly long article on a niche topic readers are unlikely to be familiar with, astonishingly the author never bothers to describe what ABA actually is or provide more than 1 vague example.
A) The scale. It’s not a small number seeing the cave paintings
B) It’s who pulling to strings. Behind every screen based experience is some Big Inc doing all it can to influence you in way that often are not in your best interest.
I recommend reading “Stand out of our light” and if you have the time “The Age of Surveillance Capitalism “. Cave paintings would be welcomed compared to what is effectively psychologically warfare.
Every time I see a 3-5 year old in a stroller on the subway staring at a phone their parent passed them, or worse, has dedicated to the child's entertainment (stroller mount included), my heart breaks a little more - though when my own preschooler won't stay in his seat and insists on standing while the train's in motion (his balance is really good, but oh, the looks I get), I'm a little tempted.
The most common things homeless people ask me are if the train or bus goes to x or y or if I have a lighter. Sometimes I get someone asking for a dollar for the train, literally just a dollar and often right at the turnstyle. Actual pan handlers I don’t see very often. They are more common to see driving on freeway offramps than on foot. This is in LA county maybe its different in SF.
When I moved to a larger metro I would see people walk their dog and say, "Hey nice dog!" and get completely ignored. I get why after a couple years. they assume I'm going to sell them something or ask them for money.
In my experience, this does very by neighborhood. Midtown and the financial district? Absolutely. Up in Washington Heights? A significantly less touristy area, and one that feels more like a neighborhood, where I don't automatically assume someone wants something from me if they initiate a conversation.
It's called the "tragedy of the commons". You can aggressively police, you can have a high trust society with social norms, you can make things private property, or things can go to shit.
Those are the choices as I understand them, am I leaving any out?
People have always “booked it” in NY. Lived here for 30 years and talking to random people on the street has never been the norm. Slow walkers have also been a source of frustration.
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