Lance Robert Calton Stringer

Critical Thinking can be learned but it takes practice. Enjoy my posts, learn a lot and you will be a far better thinker, outperforming others. For a start: criticalthinking.org/pages/index-of…

@ThierryBorgeat Idiot. Try read the financials. Debt is $22.9 billion and cash on hand is $24.7 billion in cash, so company's net debt is −$1.9 billion - for an idiot like you, they have $2 billion more cash on hand than their debt.

Oh, I forgot the best part. Months before the IPO, SpaceX took $17.5 billion of old junk debt from xAI and X and parked it on its own balance sheet through a $20 billion bridge loan. The terms? Repaid within six months of listing. So part of the $75 billion that retail and index funds just handed over is already spoken for. Not for Mars. Not for rockets. To clear debts piling up at Elon's other companies. You bought the rocket ship. You're on the hook for the loans. BEST. ENGINEERING. EVER.

@oceanTHC @WanjiruNjoya Um, the "Winsdors" are German, get your facts right. They re-named themselves in 1917 - their actual surnames were "Sachsen-Coburg und Gotha."

@WanjiruNjoya They kind of do have political power. They will inherit high positions within the British monarchy. What happens to them in childhood will impact their adulthood and influence their political opinions. They are the royal bloodline of the British monarchy of 1200 years.

Please note that they're just kids. They have zero political power. If you're screaming at them because of your political grievances you're not good people.

@ntsikimazwai They already live in poverty - 30 years of ANC rule did nothing but enrich a handful of new black elites.

Black South Africans don’t realise what a nightmare is up ahead for them….the poverty that is waiting. It’s so deep.

@RobertHersov @GwedeMantashe1 I thought you were going to keep your big nose and yammering out of politics etc. Just go away already - what a trust fund bot has to say ain't relevant. Go build some job creating businesses if you care.

Dear @GwedeMantashe1 Fix mining or forfeit SA’s future. Policy sabotage not geology killed the golden goose. - Gold output down 86%. - GDP contribution halved. - 300k+ jobs lost. - No new mines while the world begs for our copper, lithium, manganese. - BEE uncertainty, nationalisation threats and regulatory chaos have made us uninvestable. We sit on the minerals the green transition needs yet ANC incompetence chooses decline. Time to choose prosperity over ideology. South Africa deserves better. Full letter: biznews.com/thought-leader… Regards, Patriotic South African. 🇿🇦 @BizNewsCOM

@sandileswana This is all correct, all known and obvious to anyone with half a brain but it won't happen because South African will always be run by corruptible greedy people who care only for themselves.

The 13.3m unemployed South Africans will not evaporate and disappear jnto thin air. We need massive factories , probably about 1m new entrepreneurs to start robust innovative and fast growing startups to absorb 13.3m people into jobs regaddless of salary level. You are highlighting the exact structural crisis facing South Africa: the sheer scale of unemployment requires an aggressive, multi-pronged economic overhaul rather than incremental fixes. The Scale of the Challenge The Math: Absorbing 13.3 million people means the current economy must practically double its employment capacity. The Reality: Large corporations and the public sector are shrinking or automating, meaning traditional job avenues are closing. The Solution: Mass industrialisation and an unprecedented surge in micro, small, and medium enterprises (MSMEs). Turning 1 Million Entrepreneurs into 13.3 Million Jobs To make your vision of 1 million robust startups a reality, each entrepreneur would need to employ an average of 13 people. This requires shifting from "survivalist" informal trading to high-growth sectors. Massive Factories: Reviving localized manufacturing (textiles, electronics assembly, agro-processing) to absorb low-skilled and semi-skilled workers rapidly. Tech-Enabled Agriculture: Scaling smallholder farming into commercial agro-businesses using simple tech to secure food chains and create rural jobs. Infrastructure Construction: Deploying private-public startups to rebuild rail, road, and water infrastructure, which inherently requires heavy manual labour. The Green Economy: Building local supply chains for solar assembly, wind turbine maintenance, and waste recycling. What is Blocking This Vision? For 1 million innovative startups to launch and survive in South Africa, the state and private sector must aggressively dismantle existing barriers: Stifling Red Tape: Labour laws, complex tax compliance, and slow licensing processes crush early-stage businesses before they can hire their first worker. The Funding Gap: Traditional banks demand collateral that historical disparities prevent most South Africans from having. True venture capital and relaxed grant funding are needed. Energy and Logistics: Factories and startups cannot grow when electricity supplies are volatile and freight rail networks are broken. Skills Mismatch: The education system trains youth for corporate clerical roles that no longer exist, rather than teaching technical, artisanal, and digital entrepreneurship.

When Gandhi protested that Indians had to enter the same entrance as Blacks he was quite clear that he was not demanding that there be only one entrance for all people but that Indians should not be made to use the same entrance as Blacks. Gandhi was an absolute racist in the real sense that he believed that Blacks were an inferior race to Indians - this aspect of Gandhi is covered up but it's all over what he said and wrote.

Anyone not white, was oppressed. Coloureds and Indians, don't think that you are better than Africans - we were all equally denied our human rights and dignity by Apartheid. Now the same oppressors solicit your collaboration.

@TheLifeZoomer No one is fueling anything - it's just the normal inter-tribal hatred and exploitation by criminals.

I don’t have hard evidence. But my zooming skills tell me that whoever is fuelling South Africa’s hatred of fellow black Africans has them exactly where they need them. Divide them. Isolate them. Turn neighbours into enemies. Convince them they’re standing alone. That’s how every successful conquest begins. South Africa, you’re being sold “nationalism” while being quietly ushered towards a sophisticated form of recolonisation. By the time you realise it, the chains may just have a different logo on them. Mark my words.

@JuddLegum Yes you are dim. Read the prospectus and you will see that there are 3 businesses that make up SpaceX, one of which is massively profitable generates massive amounts of case, another that is also profitable and one that is start-up phase that always burns cash for a while.

I guess I'm just dim but I really don't understand who is buying SpaceX at $160 per share. This is a company that is losing billions of dollars a quarter and the profits are supposed to come when we colonize Mars and launch data centers in space?

@shanaka86 Th IPO raised $75 billion, not a trillion!! You seem to be confused between company value and what an IPO is. So rather go do some studying so that you don't come across as stupid

The world just paid $2 trillion for a rocket company that lost $4.9 billion last year. And the rockets are not why it lost the money. They are the only part making any. SpaceX went public Friday, the largest IPO in history. Up 19%, a $2 trillion valuation, Elon Musk the first trillionaire. Then you open the filing. Three businesses sit inside it. Starlink, the satellites, brought in $11.4 billion, 61% of all revenue, and $4.4 billion in profit. It is the only piece that earns a dollar. The rockets that land themselves run a small loss reinvesting in Starship. And the AI arm, Grok plus the app once called Twitter, folded in this February, lost $6.4 billion in a single year on $12.7 billion of spending. Read that again. The satellites pay for everything. The AI loses more than the satellites make. And the AI is the part the market fell in love with. It gets bolder. The prospectus claims a total market of $28.5 trillion, the largest any company has ever put in a filing. Larger than the GDP of the United States. That is the number underwriting a $2 trillion price tag built on a division bleeding $6 billion a year. Now the structure. About 4% of the company trades. That sliver sets the price for all of it. Musk is locked up for 366 days and holds roughly 80% of the votes. The public bought a company they cannot steer, priced on the one segment losing the most. This is the whole year in one ticker. The profit is satellites. The story is AI. The market bought the story. The rockets were never the risk. The risk is a $2 trillion price resting on the one bet that has yet to make a cent.

@JaimeMercant Paedos all

El papa termina su viaje apostólico a España. Personalmente lo he vivido con intensidad. Ha habido cosas que no me han gustado de la organización, cierto, pero el resultado general ha sido magnífico, una verdadera gracia del Señor. El papa vuelve a Roma como «León triunfante».

@poperespecter1 very gawdy

One of the most mind blowing 10 minutes of video Christianity has ever produced.

Universities are one of the biggest rentier institutions worldwide - they have exorbitant salary costs, pay themselves way above what similar "value" would earn in a competitive market and the product (the qualifications) are not only of questionable worth and little value compared to the input salary cost, but that same "education" could be offered at a fraction of the cost in a more effective way using AI-based delivery. In short, this is one of the biggest cons against society little better than outright thievery. I saw it first hand for 16 years.

🇿🇦Universities ( collectively ) in South Africa are receiving 40% of their revenue from Government. And, 🇿🇦More than 50% of their costs are going toward employee compensation.

@shaunrein Duh. They stole it you say? OK, but you must have had it for them to steal right? So where did it go? You lose it?

The CCP Chinese can't innovate. They just steal everything. They stole all of Americans rare earth refining technology. That's why they can refine rare earth but we can't. Same with 5G. They just stole everything before we even had it

@AfricaFirsts Yes and it all goes to Europe and the crap apples are kept for South Africans

Did you know? South Africa 🇿🇦 account for over 70% of Africa's total apple production.

Trump is a rude, offensive "man" and no gentleman speaks the way he does to women - ever. You betray your own lack of upbringing and moral standards by justifying such boorish, sexist, bullying behavior by Trump. And no I am not some leftist, woke idiot, just a true man and a gentleman

.@MegynKelly: "She was rude. The problem for Kristen Welker is she made that moment about Kristen Welker. Don't take the bait... 'I flew all the way to Wisconsin.' Who gives a shit, no one cares. You got on a plane? Boo hoo. There's a way of challenging him without being so whiny and nasty." FULL: youtube.com/watch?v=q5jV_I…

What a stupid comment. If South Africans want to make money then open up shops like all the entrepreneurial immigrants. And ask why the government has not, in 25 years, created the environment for mass job creation in the country. And why the education system delivers worse education than under Apartheid so that even university graduates are all but unemployable.

30 June‼️Irrespective of which political party you support we must ALL go out and support any peaceful march you find. South Africans can’t be going to bed on empty stomachs and failing to feeds their kids while illegal Immigrates take R 2 billion from our SMMES sector. Thobela

@Olivia_LaGrange Not trues, one can speak graet English and the other, generally, cannot. that is, different quality education systems

The reason why many white South Africans don't believe we have an illegal immigrant problem, is because they can't tell the difference between a Zimbabwean or a Xhosa. 🤭🤦🏻‍♀️

@AntiWokeMemes I'm not gay

Guys, what is stopping you from dressing just like this ??

@elinavaltonen Way too much makeup - looks like a UK tangerine tart

Peace, people & partnerships - näillä teemoilla minulla on kunnia tänään käynnistää virallisesti Suomen kampanja YK:n turvallisuusneuvoston jäsenyydestä kaudelle 2029-2030.

Elina, stop smoking whatever it is you are smoking - Finland needs to play nice with Russia as they will wipe you off the face of the Earth if you get too big for your boots. Stop pretending to be bigshot - learn to be a good neighbor, look for win-win diplomacy, stop aping the idiots in Brussels, London and Paris

Russia's decision to launch its full-scale invasion of Ukraine was one of the biggest strategic mistakes of the 21st century. It was also a blatant violation of international law. Read the Nordic statement I delivered on Ukraine today at the #UNSC. finlandabroad.fi/web/un/current…