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hourislate

7,467 karma · joined January 1, 2016

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hourislate··on Evergrande has defaulted on its debt, Fitch Ratings says
It was the 2007/2008 Financial meltdown where US Real Estate and Leman brothers collapse. Oil went crazy (Tar Sands) and Canada was able to weather virtually unscathed (due to strict mortgage and banking rules. The CAD went from trading at like .81 USD to 1.18 USD withing a year (if memory serves me correctly).
hourislate··on New Zealand plans to make it illegal for kids to buy cigarettes – for life
I will have you know our corporate overlords own a good chunk of New Zealand also and any resistance is futile!

But what's up with Jacinda? Is she afraid of Maori adults, why not just ban tobacco entirely?

hourislate··on Evergrande has defaulted on its debt, Fitch Ratings says
Montreal is a little late to the party. I think the fact that the weather and English speakers aren't competing for Real Estate there has slowed the rise in price. It's only a matter of time. But really, 730k for a 3 bedroom/1 bathroom/ 1954 starter home? They didn't even list the sq/ft of the house (the entire lot is 5k sq/ft) it's so small, my guess is it's no more than 1500 sq/ft.

Anyway, give it another year or two, it will get there.

hourislate··on Evergrande has defaulted on its debt, Fitch Ratings says
Imagine not living long enough to ever afford a house.

You can't by a tear down in Toronto, Vancouver, Montreal, etc for under a million. Houses rise in value at a rate of about $$1500-2000 a week (for years) while wages have been stagnant for decades. You could have bought a house for 450k-500k in 2005 and sold today for 2 million. I've seen condos that were 175k in 2006 sell for 850k today. You can't even buy a shack out side the city for less than 500k and most are going for over a million or two.

Average price of a house in Toronto will be over 4-5 million in the next decade while the average wage will still be 45-65k.

hourislate··on Evergrande has defaulted on its debt, Fitch Ratings says
>How can one participate in making profits during a "dollar short squeeze"?

If you believe OP, borrow as much foreign currency as you can and exchange it for USD. Back in 2007-2008, many Canadians emptied out their savings to buy USD at incredibly favorable exchange rates. Within a year or two they made over 30% as the CAD fell and the USD recovered.

hourislate··on NASA returns Hubble to full science operations
Don't want to speak for OP but I think you have misinterpreted the meaning of his comment. I'm pretty sure he meant it has too much meaning and one day bringing Hubble back instead of abandoning an old friend to the abyss.
hourislate··on The Amazon Empire Strikes Back
>For years, Amazon has been quietly chartering private cargo ships, making its own containers, and leasing planes to better control the complicated shipping journey of an online order. Now, as many retailers panic over supply chain chaos, Amazon’s costly early moves are helping it avoid the long wait times

I hate to break it to everyone but Walmart has had it's own ships for the last 12-15 years. It was the only way they could guarantee timely delivery and stable costs, even when things were normal. For some reason the media thinks Amazon is doing something innovative? There is nothing innovative about charting your own ships and buying your own containers.

Now selling stuff at a loss for over a decade and a half to hook the public and then raise prices quietly to where it's less expensive to buy from brick and mortar is the real innovation. Who would have thought a company could do that for 15 + years.

hourislate··on Monitoring 27kw Generac Generator with Raspberry Pi and Multimode Fiber
Because in America we can have everything. There is no limit to comfort and quality of life. Our standard of living can be quite high and very affordable. This setup was only 20k installed, a pittance. While this setup is robust, it is not unusual for people to have 10 -15 kw NatGas generators as backup just in case there is an unforeseen interruption to their power (some kind of accident or calamity). It's why America is a wonderful place to live, you can have everything, what you see and hear in the media about how awful it is here is fake news.

-Canadian expat.

hourislate··on US believes Russia could invade Ukraine ‘as soon as early 2022’
Who invaded Ukraine, the USA? Russia has a long history of fucking it's neighbors. Why do you think the entirety of Eastern Europe wants nothing to do with them. You think they'll stop at Ukraine, their goal is to restore the Soviet Union and keep all these countries under their thumb. Even Putin says it was the biggest mistake in Russian history to allow the break up of their Empire.

Putin is criminal and he is no friend of the West. His aircraft loiter around Alaska and he tests US defenses every hour. Don't be an apologist for a tyrant.

hourislate··on Columbia University PhD Candidate Dies in Stabbing Near Campus
Some more info.

https://nypost.com/2021/12/03/columbia-university-student-da...

hourislate··on The Guide to Unbundling Reddit
Plebit is a dumpster fire filled with angry woman trying to take down the "white male patriarchy", Every type of Agender alive blaming Republicans and Christians of crimes against humanity, Woke Warriors/Antifa labeling every white male not part of their group racist and a NAZI, and just your general NPC looking for some kind of "belonging/tribe".

The only good thing about Plebit is that it is a honeypot that attracts most of these types and keeps them off of sites like HN. Although I have noticed that there is some bleed over but thank god it's not much. This site and 4Chan are still decent.

hourislate··on Ask HN: Are there any 4K “dumb” televisions?
Samsung QB65R 65 inch 4K UHD LED Commercial Signage Display

https://www.amazon.ca/dp/B07V9ZYV7Q?psc=1&th=1&linkCode=gs2&...

Here are a couple of past threads on the topic.

https://news.ycombinator.com/item?id=29343338

https://news.ycombinator.com/item?id=24666968

hourislate··on Milk bags more environmentally friendly than jugs or cartons
Canada is light years ahead when it comes to packaging milk. In the US you open a half gallon or gallon and it all loses its freshness. With bags you basically keep all of it fresh except the 1 liter bag you opened. It can also be stored lying flat. Cartons and gallon jugs are are shit but I think it would be too difficult for Americans to adjust, just like the metric system.
hourislate··on Omicron Update: Nov 27
There was an excellent post/thread on 4chan where they discussed the symptoms (tired, muscle aches) and how easily this variant spread. It was determined that this might be "the one", where the virus has mutated for maximum survival and this variant becomes no more serious than a bad cold for young/healthy folks. Of course the old/morbidly obese/metabolically broken, type II diabetes/high BP and heart problems still need to be worried but that's true for even the Flu or any nasty virus.

I look at it this way, there is no escape. We will all get it eventually. I'm vaccinated and healthy for whatever that is worth.

hourislate··on Z Library
The site is fine. I've never encountered any problems.
hourislate··on Australia to introduce new laws to force media platforms to unmask online trolls
Australian Government has gone bat shit crazy. The population should become ungovernable.
hourislate··on Apple stopped sales in Turkey after the lira crashed 15% in a day
Hyper inflation drives people to buy goods that can be resold later for more. This happened in CCCP while it was falling apart. People would show up with all their money every morning at their local stores, buying whatever was available no matter what it was. They could resell it later for more money (effort to preserve the value of the currency they held). Apple products are a safe bet as they typically hold on to their value well, are small and convenient to hang onto (refrigerators are more difficult), and can be sold abroad, etc.
hourislate··on Ask HN: What steps do you take to protect yourself and your family online?
I was given some good advice a decade ago by my father inlaw. Every time you are asked for personal info, give as little as possible (need to know/least privilege). When filling out forms, just the necessary fields (ex: no middle name/initial, home phone, etc). Do they really need a copy drivers lic at the doctors office? You can even call your Medical Insurance company and get a code that the dentist or doctor can put in instead of your SS number, that way you're not giving it out as much. There are plenty of things that require little effort that can go a long way. Opt out of CC/Insurance/Junk mail. Reduce the paper trail is good practice, bills should be handled online, direct deposit, etc. And I shouldn't have to say this but never use your real name online and refrain from all social media unless you can participate anonymously. I go as far as using a VPN and Private browsing as a minimum/baseline. At Thanks Giving, I would duck and hide every time someone took a photo so my face wouldn't end up on FB or other social media. My goal is to one day disappear from having any online presence or a minuscule foot print, no email, dumb phone, services, etc.
hourislate··on Ask HN: What steps do you take to protect yourself and your family online?
I'm assuming you're in the USA.

The most important thing you can do too prevent things like Bank Accounts, Credit cards, etc opened in your name is to lock your Credit History. Without access no one can open up any kind of account. You might also want to lock down your SS Account.

Here are some links to get you started.

https://www.consumer.ftc.gov/topics/identity-theft

https://www.consumer.ftc.gov/articles/what-know-about-credit...

https://www.consumer.ftc.gov/articles/how-stop-junk-mail

hourislate··on Ask HN: What’s the best TV to buy?
https://news.ycombinator.com/item?id=24666968

https://pointerclicker.com/best-dumb-tv/

hourislate··on Black Friday and Cyber Monday Deals for Developers, Techies, & Entrepreneurs
Here you go the best value for your dollar, really helps with work.

An amazing Monitor on sale for 349 regularly 500-600.

https://www.costco.com/lg-35%22-class-ultrawide-curved-wqhd-...

Edit: I bought one 3 weeks ago and love it. Ordered another.

hourislate··on I Live in Arkansas. Why Is My State Telling Me Not to Boycott Israel?
Israel runs both parties...Just look at the Biden Cabinet.
hourislate··on Consumer Reports: Annual auto reliability brand rankings
Consumer Reports isn't bad and generally you can get an idea of what to stay away from. If you're buying a new vehicle, the only thing you can use is previous model history. You would also need to consider if there have been any major refreshes like a new engine, etc between recent model years.

When buying used, look at a model that has had minor refreshes over a range of time like 2012 -2018. The later models of that period can have some refinements that improve their dependability. Stay away from first model years.

The best resource to figure out if the vehicle you're interested in are message boards where there is a large community of enthusiasts. You will quickly determine what the major and minor issues are with the vehicle. An example is a site like https://www.clublexus.com/ or https://www.toyotanation.com/ . Boards like these will give a better picture of whether the vehicle you want is a good choice.

Everything breaks but there are some obvious brands/models to stay away from.

hourislate··on A diet that draws from the ancient past
>what the diet of the ancient past was, or what the diet of the future should be.

I suppose it would have a lot to do with where your ancestors lived geographically. Dairy, Meat, Vegetables, Grains. The healthiest approach to consuming food is trying to keep it as simple as possible. The more we process it the unhealthier it is, although fermentation is an exception.

hourislate··on More than a third of women in tech eyeing the exit in next two years
Where are they going?
hourislate··on U.S. sets goal to drive down cost of removing CO2 from atmosphere
Just convert everything to solar, wind, hydro and nuclear, the earth will heal itself. No new taxes, departments, bureaucracies, crooks and additional burdens on the tax payer who will foot the cleanup bill while corporations keep on keeping on.
hourislate··on How to invest without knowing the future
With the FED/Gov actively destroying the value of the USD, there is nothing undervalued now. With RE you can at least put it to work (long term lease or AirBnB) and cover costs/small return/preserve the value of capital.
hourislate··on How to invest without knowing the future
Buy hard assets, land, houses, condo, PM's, etc. You can try finding investment vehicles that will do that for you but at the end of the day you're better off physically owning them.

Disclaimer: I am not qualified to give Investment advice.

hourislate··on Why do companies spend so much on recruitment but not retention?
If this is a game of Scrabble I got FAGMAN !
hourislate··on ‘Encrypted’ peptides could be wellspring of natural antibiotics
I am under the impression there are few/none. It is a something your body makes but as you age, less and less is produced. There have been a lot of folks in athletic circles who use it regularly to heal injury. It one of those things that Big Pharma can't patent so there is no interest in producing it.
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