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Joined 2 years ago
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Cake day: June 9th, 2023

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  • It’s going to fluctuate a lot on it’s way down.

    The people who bought it for a high price will also buy at lower prices to get a better average in total. These kinds purchases will increase the price for no other reason and self fulfill the option to sell the total at a slightly higher average than rock bottom. It’s a (risky) way to cut the losses. Many people are probably still holding on to the overpriced stocks. With these things combined, existing investors can maintain an artificial high price. However, unless new investors start buying, it’ll slowly but steadily lose value over time as existing investors manage to seep out.




  • Assembly is not enough.

    It’s not just a tariff, and it’s also not just a single row list of tariffs on countries or products or whatever.

    The tariff tables are multi dimensional. Each product has it’s own table of rates. Besides country and product type, there’s a dimension of how it’s assembled/manufactorered and potentially if it’s part of some sort of special agreements etc.

    “The tariff” is basically a worldwide database of product information.

    There are actually very few products that are fully produced in any one country. This is mostly agricultural or raw ressources. All other products are said to be manufactorered from different countries. The country of origin in that case is the last country in which the product significantly changed value from being manufactorered locally and it requires a facility to do so. Slapping a sticker on something is not enough.

    Anyway, the tariff tables take all that into account. It’s very naive to think you can legally bypass this system simply by leaving a product in your neighbors garden before bringing it home.

    You don’t have to waste your time doing that for fun. Plenty of people in logistics get paid well for doing just that, and if they can’t find the loophole, there is very little chance that you’ll find it described online.




  • I’m not sure if larger scale is the goal of thorium reactors. The benefit of using thorium is that it is safe to use and available everywhere.

    The companies that are researching it here in Denmark are aiming at making smaller reactors the size of shipping containers, so that they can be deployed anywhere needed.

    Sure, scaling by quantity is also scaling, but the point is that if they can make one that is financially viable, then they can also make a hundred or thousands of them. In that case, large nuclear reactors will be obsolete.







  • Oh yes it’ll go on for a long time and might never return to the previous state.

    American products got world wide recognition in a time when USA was the peak of western culture, technology and quality.

    With or without tariffs and boycotts, people everywhere in the world will once again have to question if they even want America products. This doesn’t go well with the increased consumer awareness that is happening everywhere else but in USA.

    UK turning down clorinated American chickens is the funniest thing today, like eew brother, eew what’s that?






  • This was a topic in 2016, where Trump was all over keeping the coal workers in jobs. How many coal workers does actually USA have? Go ahead, look it up. Also look up how many he saved.

    When I last did, I found that there were about 40 000 people employed in coal related jobs in USA, and he didn’t save a single one of them. The coal employment decreased during his term and ever since.

    Every year, there are more than 3 million people born in USA. All of those will need a job in 18-25 years or so. Every year, 3 million people will be looking for a job. If the unemployment queue is increased by all the 40k coal employees being laid off at once, you would hardly notice it in the statistics.

    I also looked up the Finnish companies. They gradually laid off 400 people from 2022 until today based on the decision to stop the coal power plants. It’s completely neligable. They can easily do other jobs. Even in the same industry, just not coal.

    The whole talking point is a nothing-burger.