@HMBrough_ Twitter is not real life. Racism against Indian professionals in person the is exception, not the norm. Except the IT outsourcing guys.
English
Dad Bod
5.7K posts
@AH23923011 @HMBrough_ The shift is remarkable though - Europe went from “a better lifestyle” to “it’s better for the poor”
Even Reddit recognizes that it’s not a place for the energetic and ambitious.
English
@HMBrough_ Idk about that. Left-wing liberal spaces like Reddit or most late night shows (e.g. "The Daily Show") still seems to propagate a view of Western Europe as a kind of post-materialist enlightened place, for the most part...🤔.
English
@PandaBearParade @MaxMurrayTweets @jdcmedlock lol! We beat the issues and had mild inflation and low unemployment. At that moment the outgoing administration pumped through huge fiscal stimulus with giveaways to their friends. Self goal that could have been avoided.
English
@MaxMurrayTweets @jdcmedlock But that was a worldwide issue, and had nothing to do with the administration.
English
Dems need to build a bigger tent with white people the way the GOP did with latinos. A few lessons from their approach:
• call white areas trash
• say they’re importing white voters to end democracy
• run in an anti-incumbent environment where everyone is mad about inflation
English
@StatisticUrban This is pure cope. When a party wins the popular vote and the senate and the house it is called a sweep and nothing about it is anemic.
English
@decmusicology @Johngcole It’s just straight up bad legislation with complete giveaways to interest groups. All of us who pay the price for it voted against D’s, while the few who benefited were lost by D’s due to the cultural BS. D’s are just anti America at this point.
English
I live in WV and the state has been showered with funding and there are factories popping up everywhere and the state has 1b surplus and dems defended pensions and black lung funding and they voted 70% for Trump so shut the fuck up
philip lewis@Phil_Lewis_
Bernie Sanders, in response to Trump’s win: “It should come as no great surprise that a Democratic Party which has abandoned working class people would find that the working class has abandoned them.” huffpost.com/entry/trump-ha…
English
@BobMeatwad @blob_watcher American GDP is mostly services. We don’t want cheap imported labor but we want lower inflation. I don’t know how these two things are compatible.
English
One major source of liberal nationalist and US foreign policy establishment confidence in the past few years has been that immigration maximalism would provide the US with a demographic and human capital advantage over China.
That policy was thoroughly rejected yesterday.
OK Then@okaythenfuture
@HMBrough_ LMAO imagine thinking Trump actually cares about legal high skilled immigration 😂 The man throttled the legal immigration system last go around
English
And after all this, Republicans still have not won a North Carolina Attorney General election since 1896.
Tim Boyum@TimBoyumTV
Dan Bishop (R) says he called Jeff Jackson (D) to congratulate him on winning the Attorney General's race in North Carolina. #ncpol
English
@wwwojtekk @AdiBaurjan The complaints under capitalism are so comical that the rest of the world calls them “first world problems, lol”
English
@AdiBaurjan Socialism impoverished the population relative to capitalism. You're free to complain (though note that we were not totally free to do so), but growing up under capitalism, you're complaining at a much higher level of well-being
English
All of my problem used to be that I couldn't have Legos when I was 6 and instead played with 3-color rectangular-only East German knock-offs. It was very tightly specific to literally the socialist mode of production.
English
@intellectronica @dollarsanddata You will notice a lot don’t stop at zero and actively take on more debt.
English
@dollarsanddata A good term may be "surplus intolerant". Many people simply get rid of any amount of money they have, seemingly optimising getting to 0.
English
People will spend $20k a month on a home and then claim they are living “paycheck to paycheck”
We need a term for people who earn a lot but also spend a lot that’s not paycheck to paycheck.
Damon Chen@damengchen
My friend told me he and his wife live paycheck to paycheck. I don't believe it because they both are high earners in tech, and he even works for Google. But after doing a little bit of math, I found out he didn't lie. • Mortgage: $17,000/month for a $3M home • Property Tax: $3,000/month • Private School: $3,000/month for 1 kid • Travel: $2,000/month (assuming $20k/year) • Utilities: $1,000/month • Groceries: $2,000/month • Eating Out: $1,000/month • 2 cars: $1,000/month So in total $30k per month, not including other misc costs like house maintenance, paying for Netflix, etc. W-2 employees usually take home only 50% of their salary, so they have to make $60k per month pretax, which is $720k in annual TC. What's the point of living a life like this?
English
STR news that I'm following this week:
- Airbnb (re)launched their Co-Host network allowing hosts to find co-hosts to help them manage properties.
- Tacoma WA is Airbnb's top winter destination
- Spain’s Supreme Court has ruled that HOAs can prohibit STRs
What did I miss?
English
@nickmhc @hammerinvesting @EpsilonTheory @AMostHandsomeM1 @HedgeDirty Allegedly and “if that’s true” are needed because you have hunch what’s really going on, right?
English
@hammerinvesting @EpsilonTheory @AMostHandsomeM1 @HedgeDirty He allegedly found a way to keep winning to protect his streak, what’s wrong with that if it’s true?
English
I’m a Druck fan, always have been! But this deification (“best macro investor of all time”) over the past few years is really weird. I mean there’s a reason Duquesne is now a ‘family office’.
Danny Dayan@DannyDayan5
I strongly recommend watching Stan Druckenmiller’s full interview. He is probably the best macro investor of all time. I don’t think he’s ever had a down year. He explains succinctly why he doesn’t think policy is restrictive. Hard to argue with him. youtu.be/-4NuOAfZjHo?si…
English
@david_hoov @NickTimiraos When are you deleting your account after your ridiculous question?
English
Economists who map the CPI and PPI into the PCE think core inflation for the Fed's preferred gauge will be around 0.26% in September, a touch below the Sept CPI (which was 0.31%) but the highest m/m reading since March
English
@MichaelGemballa @Empty_America Almost everywhere outside of California has a season that’s not suited for outdoors. But as far as heat goes, dry heat is a lot better than say the humid heat of Houston. Plus you have air conditioning so it’s really not a big deal.
English
@Empty_America I don’t know about not feeling the heat, man. Vegas is almost unliveable outdoors June -September
English
Despite having no interest at all in gambling, I find Vegas one of the most interesting USA cities.
The mountains right next to it are far more impressive than you would expect, Lake Mead is surreal, and the "outback" of the lower 48 starts immediately north of the city.
The heat is so dry that you almost can't feel it like normal heat, and the winters can be quite crisp.
It also has that weird hyper-diversity that mostly works out ok, like you see in much of California.
It's like another planet, I would love to see the reaction of some guy who has never been outside of the NE after spending a month in Vegas.
LM Cunningham@PaleoLaura
Snowing on the Sheep Range right now, outside of Las Vegas, Nevada. #weather
English
@REdebtlawyer @moseskagan All over Southern California, New York, Colorado, DC with non profits and low paying govt jobs. In the rest of America, they “work in real estate” but really Dad bought them a house and they collect rent from a few of dad’s properties.
English
@moseskagan This is a type that is prevalent in LA and maybe NYC, but probably nowhere else in the US.
English
Tenant profile we see all the time:
Mid 20s, good credit, no stable income…
…and a parent co-signer w a $3MM mortgage & income in the high six figures
English
@DivCoYo @carpinthelake @SukritGanesh I’ve been once. Never again. It deserves its reputation as the murder capital.
English
Your daily reminder that there’s a 3-mile long stretch of beachfront condos selling for under $400k located just 5 miles from one of the best job markets in the US. Chicago remains unparalleled for its combination of good jobs, mass transit, and affordable housing.
English
Yes and no again… it is clearly a short term tax on citizens, but it does have an impact on the competitiveness of US companies (and employment) which does have a long term impact. We can argue if its net positive or negative, but we also know that China doesn’t play fair within most industries so 🤷♂️
English
@EconomPic @tomkeene Economically it doesn’t matter. But the phrasing matters for the politics. “It’s a tax on China” has a much better ring to it than “it’s a tax on you”
Also when the tarriff is 100% like on Chinese EVs, it’s a defacto ban and not a tax because no one has a 50% margin to absorb.
English
Really doesn’t matter though… just easier to collect from the entity that’s bringing in the goods. The end result would identical to the exporter paying it… an amount collected (the tariff), lower profits for the exporter (to remain competitive), a higher price for the consumer, and an incentive to produce the good within the U.S.
English
@jake_gotta Cost of living in Chicago is higher than in surrounding areas that don’t build apartments. Philadelphia is lower cost than Chicago with better weather.
English
@HomoPictor @tallgaynick @KinseyAndrew Use the latest iPhone, rent the lights, have his cool uncle take the pic.
English
Holy hell, I just looked at my son's senior photos pricing. They want $1k just for a USB stick with all of the digital photos.
Kill me.
English