Tweetivid
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Tweetivid
@tweetivid
Engineer, metalurgical enthousiast rc multicopter hobbyist, sports? Views are my own.

CONGESTION PRICING: Upper East Side resident Andrew lives on 61st street and 5th Avenue, in Congestion "Relief" zone, the second he moves his car, he’s hit with a toll. His kids live on 79th street and he will have to pay congestion price every time he goes to see them.

The Economist has a great article on why many of Europe’s top companies are Nordic. The region has 0.3% of world’s population (~27m) but contributes 1% of GDP. Top names include: ▫️LEGO (Denmark): World’s top toy maker by revenue. ▫️IKEA (Sweden): Largest furniture maker in the world. ▫️Novo Nordisk (Denmark): Ozempic creator and Europe’s largest company. ▫️Klarna (Sweden): Biggest buy-now-pay-later (BNPL) firm in the world. ▫️Carlsberg (Denmark): 6th largest brewer in the world. ▫️Spotify (Sweden): World’s top music streamer. ▫️Rovio/Supercell (Finland): Leading mobile game developers (“Angry Birds”, “Clash of Clans”). The magazine cites 4 reasons for success: ▫️Internationalization: The Nordic market is small, so ambitious firms have to build for global markets (leading US firms generate 46% of revenue domestically; that figure is just 2% for leading Nordic firms) ▫️Early adopters of technology: LEGO famously rode the plastics revolution in the 1950s and IKEA innovated furniture with flat packing. Today, Nordic firms are faster to digitize than their European counterparts (eg. much higher cloud computing usage) ▫️Government policy: Personal tax rate is high but corporate tax in line with America. High income tax funds social safety net programs that help de-risk entrepreneurial route (also, Heritage Foundation ranks Denmark, Norway, Sweden in top ten of countries worldwide for economic freedom) ▫️Patient shareholders: 4/5ths of “large Nordic companies have long-term ownership, compared with 3/5ths in Europe and only 1/5th in America”, which allows for long-term thinking (private business families — Ikea, LEGO, Maersk, Wallenbergs — are also prominent in region and stymie foreign takeovers) Nordic companies have obviously taken Ls (eg. recent collapse of battery maker Northvolt; previous clapping of Nokia by iPhone). But still impressive results! *** Full read here: economist.com/business/2024/…

Putin getting his greedy little rat claws on Assad's loot already.

Tämä joulu muistetaan näistä. 1. Suora tuki ry ja väärin autettu. 2. Ronaldo käveli hiihtoladuilla (ei olis muuten Messi kävellyt ladulla)

Russian propagandist Skabeyeva: "The West is boiling. The panic was caused not only by the Russian president's proposal to conduct an experiment with Oreshnik missiles and NATO's advanced air defense systems in Kyiv, but also by how confident Putin is." Sick people.

FFS. I don't know about the two on the left, but I can even tell the airline of the one on the right

Satakertainen tukkusähkön hintaero Suomen ja Ruotsi/Saksa/Baltia porukan välillä.

Net Support For Imposing Tariffs On: Mexico: -9% Canada: -18% YouGov / Dec 10, 2024 / n=1593








Mapping Europe’s Most Successful Music Artists by Country





