191–200 of 720 posts
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how? can you capitalize on that upside somehow? sell them, live in a tent until prices are down?
You can pull out home equity in a cash out refinance. Borrow at 2.5%, then roll that into index funds averaging 8%, and turbo-charge your retirement goals.
Come on, we all know this problem and we all know the solution. It's probably red-circuits that we are talking about here. We've all been there: you have your yellow belts full of green-circuits, but the red ones are just so much more complex. You need to set up the entire oil production chain for that, which is tedious and you probably rushed it just 'get a few red circuits so I can get my electric furnace'... I say…
I'd laugh but then I saw this comment: https://news.ycombinator.com/item?id=28233436 . Yup, Factorio is a nice way to learn about supply chains. Unfortunately, like almost all videogames, it assumes the whole system is run by a benevolent dictator (i.e. the player). In real life, most of the complexity and most of the waste comes from the system being built incrementally and operated by great many parties in a mix of…
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My problem with 5K on an electric bike is the 50 mile commute one way to work in inclement weather.
Fair enough - doesn’t sound like you were ever the target audience for a commuter bike to begin with.
(Amsterdam, Copenhagen, Malmö)
Something else is the problem. Maybe infrastructure or terrain.
So new cars are going to be come more expensive due to supply limitations and in turn used cars will continue to become more expensive as they can rise to a certain % of the new car price. At the same time housing prices continue to sky rocket. Seems like not a great time for someone just stepping into adulthood and financial responsibility.
> just stepping into adulthood and financial responsibility. I am older than that (40 and my wife is 35) and while we have been independent professionals for a while, we now have a 1 year old so this summer for the first time in our lives we bought a house and a car. It was definitely harder to find a house (mainly less availability driving competitive bidding) and it took a little longer to find a car and we ended u…
As for housing, it's perfectly normal to rent for a while until you know you want to settle down in a location for an extended period of time.
My bigger question is: Why is there not a thriving "small business" chip fab industry?
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but stop and think for a second about all those short term profits Wall Street made by outsourcing all of our crucial manufacturing! Those congressional bribes don't pay themselves either! /s the worst part is our government is rewarding them for bad behavior, the article mentions the billion dollar chip subsidy program. So these companies made money outsourcing and will now make more by bringing it back. Instead the…
It's a bit too easy to blame this only on Wall Street. First of all companies have outsourced their production facilities to lower production costs. The parties benefiting from this were: - shareholders (more profit) - consumers (lower prices) Second, you could say shareholders == Wall Street, but you could just as well say that shareholders are pension holders, banks, insurances and small private investors. All of t…
plenty of people have been warning for decades how the reliance on manufacturing from other countries could have major consequences. The fact that a small island like Taiwan is probably the most important geo-political issue in the world could have been prevented with a little bit of long term planning
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> just stepping into adulthood and financial responsibility. I am older than that (40 and my wife is 35) and while we have been independent professionals for a while, we now have a 1 year old so this summer for the first time in our lives we bought a house and a car. It was definitely harder to find a house (mainly less availability driving competitive bidding) and it took a little longer to find a car and we ended u…
Rents are going through the roof, too.
"Roofing Industry Faces Unprecedented Supply Disruption" (April 27, 2021)
https://www.roofingcontractor.com/articles/95590-roofing-ind...
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how? can you capitalize on that upside somehow? sell them, live in a tent until prices are down?
Yeah they are not liquid assets… my concern is if one of my cars dies…
So new cars are going to be come more expensive due to supply limitations and in turn used cars will continue to become more expensive as they can rise to a certain % of the new car price. At the same time housing prices continue to sky rocket. Seems like not a great time for someone just stepping into adulthood and financial responsibility.
The difference being that lots of people want to keep those inflated housing prices high (nimbyism), whereas nearly everyone wants car prices to go back to normal.
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What short term profits? The car industry has among the lowest margins in the entire economy. Moreover the chips were never outsourced. Toyota never made its own chips, nor is it feasible to. You seem to have some sort of idealized view where a company internally manufactures everything it needs starting from raw materials. That’s not how it works, and that’s never how it worked.
"silicon valley" is the name because of all the chips that used to be made here, US used to lead the world in chip manufacturing Toyota is just a symptom, every other car manufacturer and other industries are facing shortages as well. The US economy is now strangled because our supply chain got outsourced for "efficiency" that didn't account for potential disruptions
Voters would have rewarded politicians who supported these tariffs by voting them out of office for making all their toys more expensive. Everyone likes cheaper stuff and more stuff in the short term.