uday

Sad to see the slow erasure of Hindus & their heritage. Numbers don’t lie. Brief check of the census data shows that from ~30% they are now down to less than 8% (ground reality could be worse)

me reading Apple’s new AI reasoning paper

Ironically, one symptom of deindustrialization is that many commenters have never actually managed a physical business. So. Suppose your US company imports $1M of high quality parts, and adds in its own components to produce finished goods sold for $1.2M per batch. Your gross profit is $200k per batch. But wait! Suddenly a new 30% tariff is imposed on that $1M of parts. You now have to fork over $300k to customs before you sell anything. That’s cash you probably don’t have. Oh, and even if you do sell everything, you’re now losing $100k per batch. With a sinking feeling, you realize your profitable business which you somehow managed to keep in America all these years has suddenly become unprofitable. You post online about how bad this is but get shouted down by an angry mob, convinced that capitalists like you should die. You can’t tell nowadays if they’re on left or right. Moreover, you don’t have the time, money, skills, or tools in house to build that $1M of parts yourself. You are being asked to do the equivalent of growing a maple tree when all you needed was a little maple syrup. So now you are faced with several tough choices. (1) First, you may need to go into debt or fire people to quickly come up with the $300k in cash to pay for these surprise tariffs at customs. Even if the tariff might go away, it might not, so you have to get the cash somehow or risk having your shipment impounded. (2) Next, you might need to reduce quality to stop losing $100k on each batch. You could order the lower quality $750k parts, grimace and pay 30% tariff at customs, and hope you can build and sell for the same price of $1.2M per batch despite the lower quality. (3) Alternatively, you could keep the quality parts at $1M and instead raise prices to $1.5M per batch to get back your original margins of $200k per batch, which you need to pay employees after all. But that’s a big hike that your customer will probably not welcome, given that he’s likely dealing with his own tariff shock. So: these tariffs don’t really give an incentive to build in the US. Because it’s far more expensive to build a screw factory than to pay even high tariffs on a foreign screw. Instead what they likely mean is debt, layoffs, lower quality, and higher prices for any US company that buys parts abroad. Just to understand how common that is:

What a time to be alive!! 😆

@ProteanEgovTech My account has been frozen. I made a contribution of Rs 2000 through UPI to change the status, but I have not received any payment confirmation email or message so far, and my account status is still frozen.

JJK going from bad to worse

@airasia I am unable to send a message across in the link provided

@uday36 We appreciate you taking the time to bring this issue to our attention. To ensure we address your concern, please share it with us through this link air.asia/MTceb .

@airasia Have a round-trip flight from Malaysia to Hong Kong for four people, but two of us were unable to obtain the e-visa on time. We tried to cancel their tickets using the “Bo” chat, but unsuccessful. Kindly help cancelling the tickets for the two individuals(w/o visa)

Bleach OST is top tier

@PNCBank_Help Need help logging in to my account

Happy Friday, tweeters. What can we do to assist with your banking questions today? We're here to help!

The amount of hate towards India in the comments is quite revealing! #comments" target="_blank" rel="nofollow noopener">dailymail.co.uk/news/article-1…

@hamsaveni91 Concerning??

40 minute leg day + 11 minutes of indoor cycling = dead

That is one hell of a prediction!

@hamsaveni91 Lol

@hamsaveni91 ?

Chocolate protein powder + blueberries + Greek Yogurt = Heaven

Bleach OST hits you different!

Please let India lose the match