Tu ne cede malis, sed contra audentior ito. (Virgil) 🍕🇮🇹 Italian until uni, emigrated for work to 🍀🇮🇪 Ireland. I'd be an alien in the US.
Dublin, Ireland
Joined January 2015
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This happened in Dublin, Netherlands, the UK, France, Germany, the US, everywhere
How hard is it to make the connection between central banks easy money policies, the destruction of the middle class and immigrants seen as culprits?
@RosaFPrince bloomberg.com/opinion/articl…
these are the fucking eejits at the @ecb - messing with interest rates and hateful fiscal QE policies
fuck them
i hate the EU
we should tear it apart - it was a mistake
everywhere
anytime
young protests
and fairly so
printing money is THE fiscal policy.
it's taking from the poor, young and giving it all to the top and asset rich boomers - inequality and inflationary policies foster all of this
bloomberg.com/news/articles/…
Ludwig Von Mises retweeted
California employed persons has fallen about -300k this year (chart #1)...
however, if we check California employed persons excluding Health and Government workers...the rest of CA employment is falling fast (down over -1 million since 2020, chart #2). CA=A service economy for an elderly population.
I was there when it went 5x last year
ps these drops tell me that there is no short bid - no shorts, no buying floor - it is all down until the machines get more @federalreserve cheap money
intel is still up 3x from the lows
so chill everyone
so is amazon, google, etc
the rip was crazy and this might be just a pause on the way higher
fed is on pause and seems unwilling to pop the bubble
Ludwig Von Mises retweeted
Blue=Year over Year change, Real personal income excluding transfer receipts
Red=Federal Funds Interest Rate %
The Federal Reserve is hiking into collapsing real personal income minus transfers...and if AI is even half real and half successful, real income will only continue falling. 🤔🤔🤔?
this guy is full of shit
oculus DK1 and CV1 version onward were produced in China by Goertek Inc, Xiaomi and Lenovo
now that is only client is government defence he talks about made in US - sure, can you see military drones produce in China?
what a fecking eejit
Palmer Luckey says analysts claiming it's too expensive to manufacture in the US are lying to protect megacorps
"I think I have a more realistic view than almost anybody. One of the problems with all these analysts that are telling you that it's going to cost $37,000 to build an American iPhone or $100,000 to buy an American computer."
"They're trying to prop up a status quo that the megacorporations want to keep going. They want to outsource everything. They want to hire cheaper non-American labor."
"They are willing to say and do anything to convince you that it can't be fixed, that it can't come back, that America is this helpless, neutered, post-relevant empire, and it is just not the case."
"How do I know that? Because I have to make stuff in America every day because I work in the defense industry. The stuff that Anduril makes every day is not actually that different from a computer. My drones are basically computers. They have memory, a GPU, a CPU, sensors, batteries, a rugged integration."
"The only difference between an Anduril attack drone and a laptop is a keyboard and a screen. That is not that hard to figure out, especially for a guy like me who started Oculus and comes from the consumer electronics space."
"We're not going to let people lie about what America can and can't do anymore. We're just going to do it."
adobe question is:
is it like microsoft or is not?
i think it is - the switch cost are very high - maybe I'm wrong
ok it can bounce and such - what about the operating model? adv search has been disrupted by gemini and I'm bot sure how they will monetise it
cc @John_Hempton
3.6%
@federalreserve adding nearly 4% annually on top of 25% cumulative past inflation
the price level is gone to the sky
too simple?
Bristol Myers Q3 2026 Earnings
- Rev: $13.07B (est $12.71B)
- Adj EPS: $1.35 (est $1.12)
- Revlimid Rev: $303M (est $221.6M)
- Eliquis Rev: $4.69B (est $4.63B)
- Opdivo Rev: $2.37B (est $2.4B)
- Cobenfy Rev: $57M (est $68M)
- Sees FY Rev: About $49.75B To $50.25B (est $49.88B; prev About $49B To $50B)
- Sees FY Adj EPS: $6.35 To $6.55 (est $6.36; prev $6.75 To $7)