The Racing Ladder

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The Racing Ladder

The Racing Ladder

@TheRacingLadder

Commentary on Junior formulae and the climbing the racing ladder

Massachusetts, USA Katılım Mart 2024
83 Takip Edilen26 Takipçiler
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The Racing Ladder
The Racing Ladder@TheRacingLadder·
If you want a truly competitive mixed up F1, you need single make chassis and engines and zero innovation. If you truly want excellence, you need innovation and creativity. The former kills to sport, the later kills the spectacle.
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The Racing Ladder
The Racing Ladder@TheRacingLadder·
@MarkLaneF1 Sad ? … I mean he doesn’t have stage 4 pancreatic, he just lost access to troll people for a bit
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Mark Lane
Mark Lane@MarkLaneF1·
Seriously sad news if you follow Matt Bishop. I’ve just screen grabbed this post from his Bluesky account:
Mark Lane tweet media
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Eoin O'Malley
Eoin O'Malley@AnMailleach·
Greed does not impact the average rent in a country.
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The Racing Ladder
The Racing Ladder@TheRacingLadder·
@higginsdavidw I’ll bite : Inflation adjusted welfare spend per person : 2000 - 4020 per person 2025 - 7880 per person +96% It has doubled
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David W. Higgins
David W. Higgins@higginsdavidw·
This captures more than the social protection department. It includes situations where the state buys services for households. An example might be the NTPF in healthcare. But that's not the problem. Any analysis of government spending needs to adjust for population and prices. We have more taxpayers than ever, and because of higher prices and wages, the tax take is at records highs too (in euros). That may still reveal a substantial debate on where state spending is heading. It's very worthy to investigate, for example, why the number hasn't fallen much, even as the unemployment rate fell (fewer jobseekers' payments). But an analysis just from euro amounts tells us little.
Employment Law Ireland@EmployRightsIE

Government released detailed expenditure data today. Ireland’s yearly social welfare bill has exploded from €9bn to €43bn. That is a €34bn increase and a 370% surge. Even in the last 3 years alone it is up €6.4bn. This is completely out of control.

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The Racing Ladder
The Racing Ladder@TheRacingLadder·
@ciarannugent This is seen as a pejorative. The top 20% pay 75-80% of all income tax. Maybe we should digest that fact in concert with your statistics
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Ciarán Nugent
Ciarán Nugent@ciarannugent·
Market Income Inequality increased in Ireland in 2025 and is 2nd highest of 23 so far reporting in the EU The top 20% receive 11.2 times the income of the bottom 20% v 10.5 times in 2024 This is over twice the same ratio in Poland (5.2 times)
Ciarán Nugent tweet media
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The Racing Ladder
The Racing Ladder@TheRacingLadder·
@ColeFusionHQ Oh god stop … I can’t take how beautiful this tweet is, finally an economically simple explanation that 99% of people don’t understand but should
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MaxC
MaxC@ColeFusionHQ·
295% over 26 years sounds huge. It's 2.6% a year after inflation. Lower than any major equity index. Housing has been a mediocre investment that feels amazing because people don't subtract inflation or count the mortgage interest.
Oliver Dean@the_olliedean

My parents bought this house for £95,000 in 1999. Today, it is going on the market with offers in excess of £375,000. That is a 295% increase over 26 years. Such an increase has been caused by a supply crisis. A🧵on housing affordability and the need for supply side reform

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The Racing Ladder
The Racing Ladder@TheRacingLadder·
@TheTechnician44 You really have very little idea of how the world works. Your political commentary is more juvenile than a child
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Il Tecnico - The Technician
Il Tecnico - The Technician@TheTechnician44·
Crude Oil prices have been under $100 for over 2 weeks now yet fuel prices stay high and are even getting higher This is after they shot up with 48 hours of the original oil rise And you wonder who the problem is… Greed retailers cashing in….
Il Tecnico - The Technician tweet media
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The Racing Ladder
The Racing Ladder@TheRacingLadder·
@ZackPolanski Someone should explain that Peter thiel isn’t the CEO of palantir and then continue to question again and again every other claim made here by this grifter
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Glen Smith
Glen Smith@GlenSmith174927·
@PeterMcCormack @garyseconomics Hes made shyt loads more money than youll ever make in your whole life based on his understanding of the economy.... that any better for you?
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Gary Stevenson
Gary Stevenson@garyseconomics·
Am I a real economist? The Rory Stewart debate
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The Racing Ladder
The Racing Ladder@TheRacingLadder·
@FormulaPace Agree - what a joke. How can you get smashed by your junior teammates for so many years in a row and still get 74%
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CALL TO ACTIVISM
CALL TO ACTIVISM@CalltoActivism·
🚨HUGE! In a stunning win for his tax the rich plan, Mayor Zohran Mamdani just reached a deal with Governor Kathy Hochul tax second homes valued over $5 million owned by out-of-state residents. The taxes will generate $500 million annually for the state. This is amazing.
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Dan Castell
Dan Castell@_Dan_Castell·
Would I love for this to be the case? Yes absolutely, would it actually work? Never in a million years. Those who can afford and have ways to get around it easily will (and it won’t involve improving lowest earners wages) and those who can’t won’t start a business. Even less jobs
Dan Castell@_Dan_Castell

10:1 pay ratio would be the death of the UK overnight. All minimum wage workers for large companies would immediately become “agency workers”, and high paid public sector workers such as the NHS surgeons would simply leave and go private. Ridiculous concept

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The Racing Ladder
The Racing Ladder@TheRacingLadder·
@RobCross247 Why stop at houses Rob ??? How many cars sit unused while people desperately have to walk to where they need to get to. How much food sits in the fridge of these people while people are hungry…. This is a completely idiotic take and scandalously dangerous as an ideology
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Rob Cross
Rob Cross@RobCross247·
In total, 130,469 houses and 32,964 apartments (including bed-sits and excluding holiday homes) were vacant on the night of the census in 2022, while 66,956 holiday homes were counted as vacant. Crazy that this is tolerated in the middle of a housing crisis, with yet another record of over 17,300 people in emergency accommodation last month, including 5,457 children. This is not normal and cannot be accepted. We need urgent action to prevent evictions and expand housing supply, and we can start by utilising these vacant houses. After all, it was called a 'national emergency' by Leo Varadkar back in 2018 when the homeless figure was 10,000. #DerelictIreland #HousingCrisis #Ireland
Rob Cross tweet media
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The Racing Ladder
The Racing Ladder@TheRacingLadder·
@adamscochran And there in lies your decision …. Have discipline, save money, invest and forego your life so your children can prosper. Or … blow your money on cheap Instagram shit, $7 coffees and take out. You have really missed the point here
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Adam Cochran (adamscochran.eth)
Adam Cochran (adamscochran.eth)@adamscochran·
If somehow you had 20% of your $70k paycheck left to invest after cost of living AND you got the average rate of return in the markets… Then it’d still take you **30 years** to reach $1M (excluding tax hits) Meanwhile Kevin did a sleazy takeover of a company sold it with fake metrics, and became a media personality who lost money on investments while pretending to be good at it. The reason you see him popping up (in increasingly dumb attire) is he is desperate for relevance to pay his bills. He’s never given good financial insights in his life, and he’s clueless if he thinks the average person making $70k has 20% left over after paying to live.
The Iced Coffee Hour@TheICHpodcast

Kevin O’Leary reveals you’ll become a millionaire on $69,000/year by investing 20% of your paycheck each week👀 “Take 20% of your salary of $69,000 and put it into the market each week and don't touch it”

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The Racing Ladder
The Racing Ladder@TheRacingLadder·
@MarkLaneF1 Brings a tear to my eye … it was enough to make the hairs stand, and now, it’s been decimated. Watching this 20 second clip alone is soundtrack enough to remember what they took from us … let alone the scream of a V10
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Max
Max@formulamaximus_·
So performative to still say Alex Palou isn’t one of the best drivers in the world. It’s 2026, give up the gimmick
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The Racing Ladder
The Racing Ladder@TheRacingLadder·
@2147mill @grok help this person understand how property works by applying the average appreciation rate over the last 25 years to 200,000 and tell me what the property is worth at the end of that period
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🇬🇧 Tom - Investor £120K
🇬🇧 Tom - Investor £120K@2147mill·
The average UK mortgage is £200,000 at 5% over 25 years. Total repayment? £350,000. You borrow £200K and pay back £350K. £150,000 straight to the bank. For nothing. Then you pay to fix up the house. Stuff breaks. You pay insurance monthly. Fees when/if you sell the property. And we act like renting is throwing money away. There is a strong argument for renting.
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Fifth Gear
Fifth Gear@NotFifthGear·
Just realised we're going to lose 2 rounds of F2 with Bahrain and Saudi cancelled
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The Racing Ladder
The Racing Ladder@TheRacingLadder·
@_Dan_Castell He clearly is struggling psychologically … stenshorne got in his head because he was ahead of him all weekend. This is a very easy solve - get him the best mental coach and yesterday. He can do this, but honestly, he can’t make contact in that type of setting any more in 2026
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Dan Castell
Dan Castell@_Dan_Castell·
He is quite frankly the only driver in F2/F3 (especially only one that can also be very good at times) that is making these mistakes and crashes constantly though? It’s not a lie to say it’s pretty much every other round he is crashing into someone. It’s the pattern that we see
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Keşfet

@MarkLaneF1 @AnMailleach @higginsdavidw @ciarannugent @ColeFusionHQ @TheTechnician44 @ZackPolanski @sebastianbaughh