schleiss
Joined 8 years ago
Karma
62
Submissions
57
Member since
Dec 28
Sometimes I write on https://schleiss.io
I also work on https://rubus.xyz
View on Hacker NewsRecent submissions
Comment · 5 years ago
I tested it with some Swiss birds [1]. It works extremely well.
Comment · 5 years ago
I can't really tell. I haven't taken a loan yet.
Let's just hope for all borrowers inflation remains "transitory" and growing, than it isn't such a big deal.
Comment · 5 years ago
I'm curious about the small business loans. I'm from Europe and the animations suggests for a $9000 loan a total repayment of $10305. Let's assume you make $5000 in revenue per month and they use 10% as a repayment cut per transaction. That would yield a 20 month long repayment schedule. The "interest" would be roughly 7% annually. In today's world, isn't that greedy? In today's world, Warren Buffet can issue a 0% coupon bond[1]. I'm just perplexed. Especially since it's Square and not Goldman Sachs or JP Morgan.
According to the St Louis Fed, the average interest rate for Small Businesses was about 3.5 - 5% [2]. For me this sounds like an incredibly bad deal.
Comment · 5 years ago
Somehow I found the article missing the solution, the organisation argues that "placemaking" [1] helps. They also argue that "Will this public project generate enough tax revenue to sustain its maintenance over multiple life cycles? Try asking that -- you will be amazed." is the question to successful public projects. But, I don't know if that holds true universally.
[1] https://www.strongtowns.org/journal/2011/6/16/the-growth-pon...
Comment · 5 years ago
Yes, I realized that too, therefore I put the machine on the desk to suck in the air of the middle of the room instead of the coldest air on the bottom of the room.
But how come the room doesn't get colder overall? Is it sized too small? My apartment here is about 36m2 with 2.7m tall rooms. The unit has 14000BTU which is one of the largest portable air conditioner that you can get. Even if I were to close the doors to the other rooms, it would only be able to cool the room by 1 degree during the day (8 hour span). In the night it does its job well by lowering the temperature to the outside temperature but it won't go beneath it.
Comment · 5 years ago
Oh, you are right. A typo. Thank you.
Comment · 5 years ago
Author here, I just had to get some thoughts out and complain how bad these portable air conditioners are.
I just don't understand why the appliances space attracts so little innovation or startups. Even though they are at least 400€ a piece and could generate lots of revenue on mass.
On Friday I listened to the newest Macrovoices episode with Philip Verleger [1] where they argued that America has far too few engineering students to even create a green energy revolution in America. The expertise was transferred primarily to software engineering jobs.
Dr. Verleger apparently was one of the key players in created the oil futures markets, so he probably knows a thing about this space.
[1] https://www.macrovoices.com/983-macrovoices-276-philip-verle...