Viewing profile — lbsnake7

Great documentary that Frontline made about something similar called Firestone and the Warlord. Firestone paid warlord Charles Taylor money to ‘protect’ their rubber plantations (e…

They did all those things unsustainably so they could gain market share and raise prices when people were locked in. Similar to Uber and AirBnB etc. All those things are good but n…

MLS has the same problem basketball leagues have overseas. The NBA is where the best players in the world play and I can watch it on TV, why would I watch a local sports league? Th…

I’ve heard of this before. That there are geniuses tolling away in fields but because they don’t have the right resources, no one knows who they are. But Isaac Newton changed scien…

The reason for the strong political influence of the military is two fold: 1. Political institutions in Pakistan are very weak and when things start to truly go bad, people look to…

I have been reading about this topic recently and still don't really understand how 'new money' is being created. In a loan, the bank creates an IOU that didn't exist before and do…

This is wrong. Tesla does have the advantage of being the more tech of all the car companies. They have the disadvantage of being bad at the car part. They spent massive amounts of…

Oil money solves everything. Even dumb ideas!

I would agree that Russia and China bluff their strength but there are entire countries that run their militaries off of purely Russian/Chinese equipment. To trust your national se…

Is the clusterfuck that GE went through the last 10 years purely because they over extended their financing arm? I genuinely ask because their products are still in demand and they…

There is a future that exists where cars aren’t allowed in major cities. Something similar to Amsterdam where people and bikes have right of way, and cars are the least preferred m…

Musk has gained more from this market than any other human alive. From the over valuations to the cult of personality, he will be the poster for the 2010/2020s financial markets. I…

Can someone help me understand this from an investment perspective? AOL and Yahoo were worth a combined $400 billion in the 90s. Was investing in either of those companies essentia…

When Facebook first went public, an older relative asked me if he should invest in Facebook. My only insight was being an internet user at the time and I said no, there was no reas…

There is a great PBS Frontline documentary called ‘Firestone and the Warlord’ about the Liberian Civil War in the 80’s and 90’s and the role that the Firestone Tire company had in …

Is this for real? Or is this bitcoin for 2020?

My argument to this would be that changing our world because of a faulty model system would be disastrous. Because of the advancements of the last two centuries more people have ha…

I’m a climate change skeptic almost entirely because I don’t trust models. I believe there are too many dynamic things happening in the world for anyone to be able to predict accur…

Congratulations to her but it seems like age is seen as less of a factor in these countries. From an outside perspective, the Nordic countries have a very by the book form of gover…

You aren’t supposed to take that too seriously. The cabbies are usually doing it for dramatic effect for their passenger. It works for me when I’m in a cab and my cabbie honks at p…

The other day I was reading about Miranda rights and I didn’t realize it wasn’t a thing until the 60s. It was heavily pushed and publicized by lawyers to make it a necessity to hav…

Who decides these nonnegotiable values? Society as a whole? If half of the country voted for Trump and believes in his values, then half of the society that you are a part of has d…

I don't know if this line of thinking will get any play on this forum as I have read people praising him constantly, but what does this mean for Snowden? He was working for the NSA…

For people that don't know what 'digital industrial' is: Basically you put sensors on all your products and then gather all that data to predict/prevent failures or problems. But w…