Recent submissions

Comment · 6 years ago
Plants leave roots in the ground and carbon in soil. No till farming practices of grains and corns sequester massive amounts of carbon into the soil. We dont need to do anything special just quit doing things wrong.
Comment · 6 years ago
Saw this outsode the wilderness plenty of times as well. Hiking back down from half dome. At 5pm, miles from the summit groups in flip flops and a small water bottle, clearly exhausted and not sure what they were in for, asking if the were close. Nope, turn around folks and enjoy your walk.
Comment · 6 years ago
It would be inflationary, as less efficient local labor would also require more workers and higher wages. Food costs would go up but the money would be more contained locally as well. Net net I think it would decrease some consumptions, but perhaps leading to a more sustainable model overall.
Comment · 6 years ago
The market tends to want to test assumptions it seems to me. I would not be overly surprised to see the market act in a fashion to have this question if the Fed will backstop it answered.
Comment · 6 years ago
The real question I haven't seen much discussion of, is who covers state and local govts massive loss of tax revenue. They cant print money like the fed.

Is the fed going to monetize their debt as well?

Comment · 6 years ago
Its both.

Demand shock is leading to a loss of places to put it, so the price must fall to a low enough price to make it profitable to pay increasing amounts to store it until its worth something.

The price war has depressed the price enough that to keep revenue up companies must continue to pump flat out.

Quite a nasty scenario to find oneself in.

Comment · 6 years ago
The biggest risk stated in 2008 was contagion to "main street" economy, which did eventually occur to some degree.

This virus and fallout went directly to the main street economy (of the entire world at same time) and stopped it cold.

I think its entirely unknown what the ultimate ramifications are of this cold stop to the world economy. But I see no reason to think its not bigger than 2008.

Comment · 6 years ago
Few things you might not be aware of:

1. Even in the event of Emergency visits to in network hospitals, one is often charged out of network fees if one of the doctors present is out of network. Which one is not notified of and has no say over, regardless. So going to an in nerwork hospital (which is the best one can do to align to their plan) means nothing.

2. When charged out of network, it most certainly does not mean only the coinsurance rate changes, you are also charged 10 to 50× more. So you are charged say 40% of $5000 rather than 20% of $300. Again, at an in network hospital.

3. Out of pocket max differs dramatically in network to out of network, in some plans going away completely in out of network scenario.

What you are saying above is not just a minimization its completely misleading and wrong.

Comment · 6 years ago
Or you could look at it the other way, why in the world was +10% up from here the "right number" as to its value. Try to justify that first before questioning the contraction.
Comment · 6 years ago
Strictly in the sense that over time it measures something. In the short term peoples opinions matter, in the long run company performamce matters. The stock price relates to earnings and capital efficicency etc over the long haul.
Comment · 6 years ago
90% of Chinese GDP is stopped. Do you have a source for that? I wouldnt think that is even possible.
Comment · 6 years ago
that can be fine, you just need to find an organization that emphasizes the people management side of things and has other avenues for technical leadership. Typically a place like that is self aware about it and quite upfront (as a tech lead will really hate that kind of role, and they need to understand where the technical leadership comes from). I have a friend who is very much primarily a people manager and loves it.
Comment · 6 years ago
Just wanted to second this. As a manager, even for people I know fairly well, I'm routinely surprised by little bits I learn as to what they want, what they dislike, or what gets them upset. Do not assume your manager can read your mind or that things are self evident and universal. With people, most things arent. Not much different than any relationship.
Comment · 6 years ago
I believe the best reason for this is you have looked around and soul searched and believe you are best equipped to put that team in the best position to succeed. Unfortunately, some percentage of people who come to that conclusion are sociopaths. So also don't be a sociopath..
Comment · 7 years ago
I live in Norcal and had a little Toyota pickup. I had more than one lady from the city be very impressed "oooh a truck, its so manly!". Where Im from a little Tacoma truck is not really a truck. Truck culture is not really a city thing out here.

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