arzt

Joined 12 years ago

Karma
541
Submissions
91
Member since
Jul 23
working on tlon.io
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Recent submissions

Comment · 4 years ago
Source?
Comment · 5 years ago
I am not sure I understand this argument. The article states the "laborers" in question are given a choice as follows: submit to unpaid forced labor else go to a CCP reeducation camp. Nowhere is it stated those subjected to this choice have the opportunity to take advantage of rising living standards.
Comment · 6 years ago
Because lulu is judged on earnings and mirror is effectively a saas company that needs to achieve breakaway scale to own its market. My hunch is lulu doesn't have the stomach for the cost of acquisition required to get mirror there.
Comment · 6 years ago
Great books to start:

- Rubicon by Tom Holland - SPQR by Mary Beard - Dynasty by Tom Holland - Caesar by Adrian Goldsworthy (more of a bio on Julius C, a bit drier than the above, has section on Alesia)

Comment · 6 years ago
I remember reading the opening few pages and chuckling out loud:

“Why is the Deliverator so equipped? Because people rely on him. He is a roll model. This is America. People do whatever the fuck they feel like doing, you got a problem with that? Because they have a right to. And because they have guns and no one can fucking stop them. As a result, this country has one of the worst economies in the world. When it gets down to it—talking trade balances here—once we've brain-drained all our technology into other countries, once things have evened out, they're making cars in Bolivia and microwave ovens in Tadzhikistan and selling them here—once our edge in natural resources has been made irrelevant by giant Hong Kong ships and dirigibles that can ship North Dakota all the way to New Zealand for a nickel—once the Invisible Hand has taken all those historical inequities and smeared them out into a broad global layer of what a Pakistani brickmaker would consider to be prosperity—y'know what? There's only four things we do better than anyone else:

music, movies, microcode (software), high-speed pizza delivery”

Comment · 7 years ago
I wonder if anyone has insight into how they have been able to do this consistently in the modern era of quantitative trading (this article had scant detail)? His returns are such an outlier and strategies such a closely guarded secret that they leave people on Wall Street in awe.
Comment · 7 years ago
Contaminated with what?
Comment · 7 years ago
Anecdotally I have to agree. Having lived in Manhattan for the past decade, I have seen more restaurants close in the last two years than the previous eight. Most of lower Manhattan's retail footprint is filled with chains (Starbucks etc) rather than neighborhood restaurants.
Comment · 7 years ago
"Players in the crypto ecosystem will be shocked, shocked to know it got this bad, this quickly, but this has been an open secret for over a year."

----

I'm not entirely in agreement the crypto world will be shocked tether is insolvent. As long the the fiat gateways exist to exit the system with gains intact, most could care less about tether. It's musical chairs.

Comment · 7 years ago
Agree - which is why I think blanket legalization with heavy federal regulation would be a best case scenario for all the reasons you point out.

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