
DoubleD
922 posts

DoubleD
@DFin24
Two steps forward, two steps back. Trying to trade these trying times.
参加日 Ocak 2019
217 フォロー中121 フォロワー

@adamscochran "They haven't even said thank you ONCE!" -J.D. Vance (probably)
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When will @CNBC send Kernan to Fox News, where he clearly wants to be. A lot of us watch CNBC to escape partisan hackery. Watching @PeteButtigieg detonate him with simple math right now is satisfying, but also shouldn't be necessary in order to get the news of the day.
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@BrittanyinTexas @theliamnissan Gonna miss all the people boycotting "his movies" 😂
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These are heavy times for everyone. @theliamnissan account is gone, and a lot of people are going to miss him. I know I will. 😢 Peace, brother.✌️

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@lvronxiv @2Hugh2Mungus Maybe 2017. That's when they fixed the Panamera design. It went from hunchback to perfection.
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@2Hugh2Mungus 2016 was truly peak car, all downhill after that. ‘04-‘14 is the golden era
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@2Hugh2Mungus Audi - fuck yes. Audi cooked.
Benz - excellent lines, the front isn't ideal.
BMW - clean but what a boring front. Meh overall.
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That's why we were supposed to have the separation of powers, the three branches! Somehow 1 branch has decided to let the ship sink and to go down with it. Meanwhile the fourth estate has decided to tamp down alarm and "trust the process." The powers that be are failing us and I am baffled as to why!
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Trump is a predatory capitalist who exploited America's legal system, its ethical norms, liquid capital markets, and its people's appetite for spectacle to acquire financial and later political power.
What he's beginning to confront is that the world of nation-states is anarchic, that there are a handful of actors that really matter, and only so many people you can burn before no one wants to transact with you anymore.
Lashing out in order to force a resolution is a strategy that has worked for Trump in his career in real estate, as a media personality, and during his political rise because he wasn't inhibited by the same social norms and reputational concerns of the counterparties he transacted with and because his unscrupulous lawyers and easy access to credit could help paper over most of his problems.
The problems Trump now confronts, however, have no basis in law. His adversaries, therefore, cannot be procedurally encumbered with discovery requests and depositions that drag the conflict out for years. Unlike his career in business, he cannot simply declare bankruptcy and move on.
This is scary because it means that Trump finds himself in a corner with no acceptable off-ramps. Because of how powerful America is, and because he is its president, the damage he may be willing to cause to Iran, its people, and the world before he finally comes to terms with his predicament will weigh on this country for many years to come.
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@Sergio_GS @KutarkV @aakashgupta What is the contract in Italy? Is it a year long or how long is it?
You’re the second person to mention it and there are no contracts for Netflix in the US which is why I ask.
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@KutarkV @aakashgupta Price is fixed at contract start. Price raises can be for NEW contracts. Is your salary going up whenever you want? No. Same for Netflix.
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The math Italy just handed Netflix is terrifying for every subscription company on Earth.
5.4 million Italian subscribers. Up to €500 per Premium user, €250 per Standard user. Netflix launched in Italy at €11.99/month in 2015 and hiked four times to €19.99 by 2024. The court said every single increase was illegal because the contract never stated a justified reason for any of them.
The total refund exposure is somewhere in the hundreds of millions of euros. For a single country with ~2% of Netflix's 325 million global subscribers.
Here's what nobody is pricing in: Germany and Spain have already filed identical challenges using the same EU Directive from 1993. Berlin and Cologne courts already ruled that generic price-change clauses are void. Italy just gave every consumer group in Europe a finished legal template.
Netflix hiked prices globally on March 26. Six days later, this ruling dropped. The company is now simultaneously raising prices worldwide while a court in its fourth-largest European market ordered it to roll prices back to 2015 levels.
The real exposure here isn't Italy. Netflix can absorb hundreds of millions. The real exposure is the legal principle: telling customers "we're raising your price, you can cancel if you don't like it" is not consent under EU law. That logic applies to every subscription service operating in Europe. Every SaaS company. Every streaming platform. Every telecom.
The freedom to cancel is not the freedom to agree. That one sentence just repriced the entire European subscription economy.
Pubity@pubity
Italy has declared that Netflix's recent price hikes from 2017 to 2024 were illegal and enacted without proper warning for customers. Netflix not only has to reduce its price in Italy, but pay customers back every cent they overpaid.
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The US has almost no economic relations with Russia and never did, which is actually part of how we ended up in this situation in the first place if you ask me, whereas Russia has major trade relations with China.
If the US had wanted to bring Russia on its side in the dispute with China, it could only have done so through Europe, which used to have large economic relations with Russia.
But Russia still wouldn't have joined a crusade against China, that boat has already sailed and, for the reason I just noted, it would have required the US to cooperate with Europe, which is the opposite of what you're fantasizing about.
These people have basically no idea how the world actually works. The window to bring Russia into the West has long closed, it will be a long time before it opens again and, when it does, the US will only be able to do it with Europe.
Roman Helmet Guy@romanhelmetguy
I’ve warned Europeans about this before, but if the US stops seeing Europe as a partner to help contain China, it will go looking for a different partner to support. Maybe a large country that borders China, with nukes and oil. The worst case for Europe isn’t merely a neutral US.
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Can America use a bit more socialism? Yep.
But socialism as a whole is far more prone to corruption b/c someone still has to run the organization, and when they're corrupt, they're impossible to displace. In capitalism, shitty incumbents can at least be ousted via competition, even if it's difficult.
Remember, just because it's for the common good instead of for profit, doesn't mean the people who gain power won't steal from it and degrade it anyway. If there's no straightforward means of enrichment, greed finds another way.
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@micah_erfan “I used to do drugs. I still do, but I used to, too.”
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I retract my initial statement. But "zero reason to think so" is a stretch, given the physical demonstration of semen displacement. As a "monogamous" species, humans still some rape and are promiscuous, as I'm sure other apes are too. The increased specialization for more promiscuous apes indicates a stronger selection pressure, but doesn't preclude "monogamous" features from serving this purpose.
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@NateSilver538 He was better than the alternative. He was a four year stop-gap to what becomes hopefully two better choices.
Still not optimistic about that though.
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@Evolving_Moloch @justalexoki After reading that it sounds like it is true but it developed in our evolutionary ancestors rather than in Homo sapiens. So it’s not because humans raped so much or were super promiscuous, but rather because our primate ancestors were.
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@justalexoki It’s not true traditionsofconflict.com/blog/2018/6/7/…
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@soncharm @foster_type There’s no business interest that can outweigh the kompromat…
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@foster_type I’ve long thought that given Ukraine’s drone success there’s gotta be some ‘business-deal’ type way to get Trump interested in ‘switching sides’ to being structurally pro-Ukraine..alas clearly hasn’t happened yet
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@DFin24 @SheMovedToYork @slantchev Saying “Trump knows better” actually IS defending him. He doesn’t know jack 💩 if he’s willing to let his unofficial unappointed un-clearanced son in law run the show & overrule the advice of whatever experts are still left that might have given him reliable information.
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This leak isn’t accidental. Everyone is distancing themselves from the war. Soon it will be some disembodied participant in a Signal chat that turns out to have launched it.
I can’t help but wonder if there’s a more embarrassing excuse that “Netanyahu misled Trump” — we’re talking about the President of country with the world’s premier military and intelligence capabilities being led by the nose like some clueless toddler when he has at his disposal all the fucking information and assessments he needs.
Daily Mail@DailyMail
JD Vance in tense call with Benjamin Netanyahu as he rips Israel's PM for selling 'easy' Iran war to Trump trib.al/B80u2UK
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You think I'm defending him? Gross.
Of course he's the real culprit, this doesn't happen without him in office! What I object to is the characterization that Bibi alone convinced feeble-minded Trump to do this.
W&K had a hand in it too, not b/c they're morons, but b/c it's in their personal interest - the instability will create opportunities for themselves and their rich "friends".
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@DFin24 @slantchev Trump is the biggest dipshit if he fell for it. You people will never ever blame Trump for his own stupidity and incompetence. Always looking for scapegoats when the real culprit is right there!
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@wontbeurdrug Hey, if this is about the DJ equipment, fuck the haters and block them all. It’s awesome and fun in its own right. People who hate on you pursuing what you love can fuck all the way off.
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