219 karma · joined April 15, 2017
"There is a Hokkien phrase, 'Gar gee nang.' It means, our own kind of people. And you're not our own kind."
"Because I'm not rich? 'Cause I didn't go to a British boarding school, or I wasn't born into a wealthy family?"
"You're a foreigner. American. And all Americans think about is their own happiness.
"Don't you want Nick to be happy?"
"It's an illusion. We understand how to build things that last. Something you know nothing about."
Funny thing is that I feel like it is indeed rare for cultures-countries to think about building things that last. But the US is actually one of the few countries that does---whereas China can't float this level of debt at attractive rates because it is NOT long term focused. It keeps doing insane, credibility-destroying things. Yet always talks about how it is a long term actor.
[1] https://www.powerlineblog.com/archives/2014/10/is-james-rise...
This mission wasn't difficult from an astro perspective, and was only moderately challenging from a satellite comms perspective.
It just wasn't that high on the priority list.
Apple's greatest innovation might be that it leaves a bunch of Wall Street fools out of jobs. Does an economy need as many people predicting quarterly iPhone shipments to speculate on stock price as it takes to actually design said iPhone?
Meteoric national growth curves don’t continue; and the closed nature of these societies tends to mean they get hamstrung by unpredictable things in the future. No one can say why China’s growth will slow (and it already is slowing dramatically), but we can say for sure that it will be because of a lack of willingness to change.
Learning Chinese will be a worthwhile activity for leading Western businesspeople when the Communist Party is abolished or faces strong open competition for power.
For example, they have already removed the marketing page that people here are making fun of: https://imgur.com/a/xsF1ZX3
Every new storage product offered by Google serves mostly to remind people to get their stuff off of Google.
Karateka may make me as little as $75,000 all told, and it’s at the top of the charts. Tere’s no guarantee the new game will be as successful."
What. $75,000 for a 21 year old in 1985? ($180,000 today.)
Why did he seem so upset about that?
Scooter share economics don't work. And now that cities are placing caps on vendors and scooter quantity, prices are going up. Which means payback period to owning the scooter goes down. This is a vale of tears.
* What is the average payback period for purchasing a car (μ(p) = $30,000) versus taking the train? Much longer!
https://www.cnbc.com/2018/07/04/eu-could-agree-a-us-autos-ta...