577 karma · joined December 17, 2015
But I wouldn't hold Theresa May up too highly.
Here is Theresa May deleting her 2009 blog post with her strong opposition to the 3rd runway at Heathrow...
https://www.tmay.co.uk/news?page=31
After she reversed her decision as Prime Minister betraying her electorate who are under the flight path.
https://web.archive.org/web/20111007162146/http://www.tmay.c...
This is the now missing article:
https://web.archive.org/web/20130103045701/http://www.tmay.c...
What's going wrong with the system of perfect competition with insurance companies?
My take has been that they have taken a conservative action with regards to the virus, I've seen locking down as a way for the government to slow down time to try and work out what is going on before then taking a more considered point of view.
There was so much confusion in mid March about what would happen and lockdowns seem to have slowed things down a bit to get a clear head about what the path through is going to be like and I hope they don't rush their next decisions as there are so many things that are still not known.
In the future these current decisions could be wrong and will be wrong, I'm hoping that they aren't badly wrong but who knows... It seems to be considered on what mainstream scientific consensus but that's been wrong before but I feel it's the best we have given the situation.
I certainly think in terms of leaving the world better for all living things rather than for my children (although I guess they would benefit).
I personally feel shame that I am a part of the destruction of this world which in turn motivates me to want to make it better.
This is something that has grown as I have aged, I feel now that I'm older I can see things in the longer term and I can see how long it takes to make change and make it stick.
Or do you think the consensus view of experts is not agreed upon currently?
I am genuinely interested in understanding what motivates this reaction.
There are also indigenous australian remains and artefacts stolen and refused to be returned.
Stolen up into the mid 20th century.
I mean maybe US, Europe and China can do this but can the rest of the world?
In the carpark I park in, I often just speed down to the level where there first begins to be car spaces and I can often get much closer to the stairs which lead back up to the exit on the ground floor.
Extra vertical distance is only 4-5m but saved horizontal distance can be 50m.
The Lord having a duty to his peasants to protect parts of the land and pay for its upkeep.
Yet at the same time, you can't see how you have been "flippant" and "disrespectful" to the complicated issues (with real people who are affected by this) you pulled together in your 2 paragraph comment.
Ignoring all detail when there have been 10000s of academic books written trying to explain and understand these issues from all viewpoints.
Disrespectful - these complicated issues involve people who have been and continue to be disadvantaged by these issues, your flippancy is disrespectful.
I am no expert on real estate I used to be a property accountant at an international commercial property company and so used to compute out growth rates on rent and valuations for owners.
I do find WW's business model difficult to follow, there maybe something I fail to appreciate, I guess time will tell.
So for an investor who looks at your rent roll, they will see that you have an increased rent arrears and they will value your asset at a reduced rate.
And as the sibling comment has mentioned, if you discount up front you haven't received any money.
Or worse still you provide a rent incentive in the case of a capex fitout and are now left with an office fit out a future tenant may or may not want but you have spent significant amounts of money on.
So you get an extra $1m in rent but it now costs you an additional $2m in interest costs financing your building and your share price (or the building capital valuation) has now dropped 15%.
Sorry totally simplified example...
"yes, actually no"
"no, actually yes"
It's far worse to uncritically examine our ancestors behaviour.