Viewing profile — anewaccount2021

Canada is becoming a police state. Government decides what you watch. Government tells you if you can visit another country. Government tells you how many years you must wait for e…

How is BTC any different than gold? The difficulty ratchet in BTC mining means extracting new coins is rising in difficulty, just like the difficulty in extracting better-hidden go…

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The market is driven by cheap debt. Take away the cheap debt...

They can't. If the ten year note even reverted to the historical average of 4.9%, it would require 30% of the present budget just to service the interest. Rates will never apprecia…

And as usual, HN will dedicate the comments to debunking or diluting the inflation data that has been anecdotally obvious for some time

Tough position for Biden. The poor would rather prolong rent forgiveness + stimulus. The rich love the negative employment numbers since it implies lower rates for longer, which me…

So much denial in this thread. It is far too late to prevent a megafire in California. Too many people. Too much invasive development. No homeowner is going to volunteer to have th…

People build houses in forested areas. People buy second homes in the Sierra range. Now you can't do controlled burns...you're burning someone's house down. California cannot do co…

funny how articles damning the F35 (which isn't being "cancelled" or even threatened with such) appear just as the military begins development of 6th gen aircraft...these articles …

you answered your own question - a debt collector will soon contact you and sell you back your debt for $9k (plus some fee). most of the time this is a pointless question anyway, s…

I will be perfectly honest and tell you why I did not convert and will not in the future. You and I made a deal. I honored my side - I made the one-time payment you asked for ($11 …

Pilots love it. Pundits hate it. It isn't going away or being "cancelled"...the US already has hundreds, will receive hundreds more. I don't know why these articles continue discus…

I predict California will also be full remote for the coming school year as well.

Nope, this isn't "policy"...it's a nation of sedentary people who eat trash. The Western lifestyle.

Blue No Matter Who. Its why Andrew Cuomo would be re-elected tomorrow, as would Gavin Newsom. Indeed, if I were Andrew Cuomo, I would schedule an election ASAP - there's nothing li…

You're being too high-minded. This is about absent parents and a school board that has already given up on students before they even enroll. This is not a "systemic" national issue…

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Its amazing how glib HN is on this issue, naively assuming that it can all be painlessly unwound at some point in the future. If it were painless and harmless to print money on thi…

No, debt levels are too high. Raise rates and you crush borrowers who are already saturated with debt and cannot absorb variable rates rising. The Fed is trapped.

This is about 29k Texans who use a service called Griddy to "hack" their way to better utility rates by choosing to pay the wholesale price, which can fluctuate rapidly and has bur…

A one-mile race. Most HN readers couldn't finish.

This makes sense when you are under forty and can wait out a bad market. If you are 75, expect to live to be 83, you are much better off being able to guarantee your assets. This i…

Go is slower than Rust but three times as fast as you'll ever need it to be Everything in Techempower that is in the top half of performance is likely to be fast enough that your o…

I'm underwhelmed. The world is swimming in money, there are founder/company-sponsored funds everywhere. Is greentech really gated on seed investment? Is anything? This seems like a…