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fineng123

35 karma · joined December 18, 2017

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fineng123··on Six Months at Riot Games
Toxic cultures either come after the success or exist because one extreme talent allows it. I've seen both
fineng123··on Why Isn't Debugging Treated as a First-Class Activity?
This is such egoistic bullshit
fineng123··on Roadmap to becoming a React developer in 2018
You can use saga if it feeds your ego, sure. Redux is a simple tool and thunk is a simple library, and they both do their job.
fineng123··on “They’ll Just Make It Illegal”
The ecosystem is quite dependent on fiat crosses... the U.S. government alone has the power and the tools to destroy crypto.

You can't hurt the rentiers, e.g. large American banks, and expect them to not get compensation or destroy you in turn. They are the law. To think that it matters that the technology is better (and it's debatable that it really is) is ludicrous.

fineng123··on “They’ll Just Make It Illegal”
Why would the powers that be allow this to happen? I don't understand this fairy tale view
fineng123··on I Stop Celebrities from Blowing Their Money
That is a really hard job. Understanding people is a system just like programming except there are few hard rules
fineng123··on Material UI v1 for React is out
The new Table APIs are fantastic. There used to be a lot of magic, but now all the selection handling is composable. Big props for the v1!
fineng123··on Microsoft disables Spectre mitigations as Intel’s patches cause instability
I think we're just in a bull market so people ignore bad news
fineng123··on How Automakers Invented the Crime of “Jaywalking”
America is all about revenue. Never in a thousand years would politicians agree to do this. Walking and biking is high on utility and low on revenue.
fineng123··on India has a hole where its middle class should be
I agree but I think the large majority of my old college classmates are doing this in America. I moved to Europe because I couldn't stand it.
fineng123··on India has a hole where its middle class should be
But percentage-wise they are the most atheist country in the world, right? That's at least what I thought off the top of my head
fineng123··on LinkedIn is ignoring user settings
Go To Market, so sales and marketing and everything that hangs off that
fineng123··on LinkedIn is ignoring user settings
LinkedIn (i.e., data.com) is far and away the best tool for recruiting/accessing GTM professionals. And it's in China. That doesn't sound like that bad of a niche to me.
fineng123··on More than 94% of net new electricity capacity in the USA from renewables in 2017
Because it's a lie. A lot of natural gas plants came online in 2017, which makes it a lie.
fineng123··on India has a hole where its middle class should be
Pulling out is specifically prohibited in the Bible. So is oral sex. But nobody gives a shit. The funny thing about religion is that there's so much nonsense in their official texts that you can make it mean whatever you want :)
fineng123··on More than 94% of net new electricity capacity in the USA from renewables in 2017
This headline is such clickbait. Netting out all fossil fuels is silly. Natural gas is alive and well and growing quite quickly, while coal is suffering.
fineng123··on Half of the US government's financial assets are student loans
The horrible thing about generalizations is that they are so painstakingly accurate sometimes, and they hit so close to home that people hate them. Americans are hilariously uncultured. Do software engineers tend to be socially awkward? Yes. Try to understand the world for what it is or live in perpetual cognitive dissonance, your choice.
fineng123··on India has a hole where its middle class should be
Too religious. China's great advantage is that they're all atheists.

Highly religious societies have a strong desire for tradition, and tradition is "women don't work and have no power, corruption is rampant, new things are bad (because they destroy the golden geese that keep the upper class rich and in power)". Pakistan and India are going nowhere soon.

fineng123··on India has a hole where its middle class should be
The problem is religion. That's why there's too many people (birth control is evil and God doesn't want it, etc.), and that's why they have a lazy culture.
fineng123··on India has a hole where its middle class should be
Yeah they would never say that out loud that guy is full of shit
fineng123··on India has a hole where its middle class should be
> Historically I don't think so.

WWII was a great leveling of the playing field. There are many times in history when Gini coefficients dropped precipitously. All the evidence points to the fact that wealth tends to accumulate in capitalist economies until crises or government intervention prevents it.

fineng123··on India has a hole where its middle class should be
Netherlands has been all home cooked meals for me as well
fineng123··on Half of the US government's financial assets are student loans
Very well said. Thanks for the anecdote
fineng123··on Half of the US government's financial assets are student loans
Moral hazard is just a price you pay for stability. It's impossible to avoid. You need a middle ground where if you do something really stupid you're still punished but if you're "still dancing" like everyone else (Chuck Prince, 2007) then you aren't completely hosed. When I used to be a banker, I remember plenty of times where others would make bids on a deal that we couldn't come close to as a small player without a balance sheet. That's why things always get more aggressive in bull markets because you've gotta win deals to make money. It all ebbs and flows.
fineng123··on Half of the US government's financial assets are student loans
You could definitely say they can learn more in the States as the quality of basketball is higher, but they won't be paid until they're in the league.
fineng123··on Half of the US government's financial assets are student loans
That's a pretty bad comparison actually. They don't "have" them. It's just another place to sell your risk when you do a mortgage deal and then they repackage them and sell the end result to investors. It's necessary (or helpful rather) so that you don't have to have a balance sheet to hammer out CRE deals. You can just do the deal and sell the risk and not keep the interest rate risk on your books.

The Fed's balance sheet on the other hand, now that makes the student debt load seem miniscule.

fineng123··on Half of the US government's financial assets are student loans
Because they don't understand. A common refrain about the story in the U.S. of LaVar Ball, the impetuously famous basketball dad, is that it was a huge mistake to send his kids to play in Lithuania.

It's a classic example of "worldly" Americans going to the Louvre and being "cultured" but not having the depth of understanding that Eastern Europe is a wonderful, beautiful place. It's just not as well-kept and poorer so they turn up their nose.

fineng123··on NSA’s top talent is leaving because of low pay, flagging morale, unpopular reorg
Petrodollar is pretty outdated, the current would be Eurodollar or dollar-denominated derivatives outside the U.S.
fineng123··on NSA’s top talent is leaving because of low pay, flagging morale, unpopular reorg
Thanks for telling it like it is
fineng123··on WhatsApp told to stop sharing user data with Facebook by French authorities
It's not like the concept is very complicated. As soon as stuff like this goes open source/distributed, the model falls apart. The Linuxification of everything will destroy the world as we know it
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