Stypi
7.2K posts
This is a big reason why waste, fraud & abuse has become a feature, not a bug, of the system
There are too many entrenched players who benefit from the flows of funds spent on the problems
In short, their incentive is for the problems to persist, not resolve
Tuki@TukiFromKL
🚨 do you understand what New York City just accidentally admitted.. NYC spent $81,705 per homeless person last year.. the median American household earned $81,228.. the government spent MORE to keep someone homeless than most families earned to keep themselves housed.. that $81,705 isn't going to the homeless person.. it's going to the system around them.. shelters, administrators, case managers, contracts, overhead.. the industry that manages homelessness.. not the end of it.. if NYC gave every homeless person that money directly.. they could afford nearly 2 years of rent.. most of them wouldn't be homeless anymore.. instead the money goes to the system.. the system keeps running.. the homelessness stays.. and every year they ask for more funding to manage the problem that the funding was supposed to solve.. the homeless are worth $81,705 a year to the system.. they're worth nothing to it solved..
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@BurggrabenH Looks like it might br one way ticket to Japan for me in May
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EU jet fuel is at $230/barrel. Why? It has to demand destruct. And it will most likely have to go higher to achieve that. As I said a month ago, jet fuel is ground zero of this crisis. Other fuels will follow.
Here is what it means for Europe. Come mid-April, and certainly into May, expect up to 30% of commercial flights to be cancelled, ceteris paribus. That's my base case.
The realised number will depend on how seaborne jet imports evolve. The EU27 & UK import up to 800kbpd of jet fuel, covering up to 58% of total consumption during peak flight season.
So EU27+UK consume up to 1.4mbpd of jet (August), never less than 0.9mbpd (January). Some 300kbpd of those barrels came from the Mideast Gulf. Those are now at risk, although some may make it out of the Red Sea - the positive case. The negative? Other marginal imported barrels are at risk if Asian buyers outbid European importers. It's dynamic.
It is what it is. Do not be long airlines. And avoid travelling to Asia anytime soon too. Worse there. Like much worse.
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@implausibleblog They want net zero and 15 min cities are surprised ? No travelling and car dribing for plebs
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Sam Coates on Sky News highlights kerosene (jet fuel) stocks:
Japan: 27 months of supply
UK: 1 month of supply
We were unprepared for COVID — and today, we remain just as exposed to another pandemic.
On top of that, unless things change with Iran fast, we’ll be facing a jet fuel shortage
How have successive governments allowed planning to fail this badly?
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Been learning that Polish people take their mayo choices very seriously
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@AscendedYield But there is Oxford study that rising minimum wage does not increase unemployment amongs youth...
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Two-thirds of UK hospitality businesses plan to cut jobs and one in seven will close, survey finds theguardian.com/business/2026/…
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Green Party co-leader Zack Polanski wants to slash Britain’s motorway speed limit to just 55mph.
The plan also includes hiking fuel tax, slashing parking spaces and forcing drivers to re-sit their test every five years.
Greens say it will save fuel, cut accidents and make people switch to buses and trains.
Tories slam it as “out of touch madness” and a full-blown war on motorists.
This guy hasn't a clue has he?
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I give it 50/50 odds Nike $NKE is taken private in the next year or so.
Will be public again, later.
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Few lenders offered 10 yr fixed rates
You might therefore have not me their criteria
20% of FTBs move within 2 years
60% with 5 years
The Uk divorce rate is 50%
Some people want flexible more than they want security
The rate is portable but the borrower might not be
Moving Home with Charlie@moving_charlie
Anyone who took out a mortgage 6 years ago and wasn’t offered a 10yr fix by their broker should be asking them why
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@rachelmillward Loiks like all peoole wirh last name starting on Mil are lunatics
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Miliband is caving into Reform pressure to approve drilling that he knows won't lower bills.
The solution for permanently lower bills is to go all out on renewables, not dance to the tune of fossil fuel lobbyists and their friends in politics.
Times Politics@timespolitics
Ed Miliband to approve first major North Sea gasfield project in decade #Echobox=1775165616" target="_blank" rel="nofollow noopener">thetimes.com/uk/politics/ar…
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@moving_charlie I was thinking about it but at that time i could get 5 at 1.99 or 10 not many available for 3.5. More banks offer 10y now but werent very popular after pandemic when interests were 0
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Anyone who took out a mortgage 6 years ago and wasn’t offered a 10yr fix by their broker should be asking them why
Stewybabe@stewybabe30
@moving_charlie Still four years to run on a ten year fix at 2%
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@marek_2k22 To samo w Anglii, zgadnij jak lasy czy ustronne miejsca teraz wygladaja
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If I saw $341 on the ground I’d probably pick it up too
Kalshi Sports@KalshiSports
WOW: One Kalshi trader has $33,759 on the Houston Rockets to NOT win the NBA Finals. If they’re correct, it would pay out $34,100 for a profit of $341.
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What has happened to all his promises about renewable power? Plus where has the money gone?
Reuters@Reuters
Europe must prepare for 'long-lasting' energy shock, EU energy commissioner tells FT reut.rs/4shE8Ar reut.rs/4shE8Ar
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An extra £395 a month, on average, for those coming off a 5 year fix now. Ouchie.
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