samsonradu

Thanks, will give it a shot. I got stuck with the implementation of State monads while reading LYAH probably due to the older code samples (State vs StateT). The explainations were however quite easy to grasp and I believe I assimilated some good general coding practices while reading through.

What's toxic with caffeine?

Nah, I get that part. The part I don't get is where did we, as a society, fail so badly for people to even consider the things that I read around this thread.

There is something deeply disturbing and saddening in the honesty of your comment and sibling comments regarding this topic.

Can you elaborate? Why might a oil crunch be coming?

> Or wait, are you saying that they don't realize that there's anything except Facebook?

Something like that. Maybe they realise but they don't care. Want to read the news? You check out CNN's Facebook page for latest posts. Want to sell something? Use the marketplace.

For whatever website most of them would like to visit for information there is a Facebook page available.

I’d still pick PHP between the two for usual web apps. There is beauty in the statelessness of PHP and also leverage on Nginx (+ Lua) for more critical and high-speed work.

The issue I have with Node JS is that the entire ecosystem moves way too fast. However, when I need realtime interaction via WebSockets fe. it really feels like a good choice.

Thanks for the link. Is it possible to contact you via mail to ask a few questions? Thanks again.

Romania is quite terrible in that aspect. A program called “First House” has been running since 2009, giving loans with variable interest rate, 5% downpayment for 30 years with rates that can go up to 45% of their monthly income. They are guaranteed by the state.

This keeps the estate market propped up and hurts people’s mobility. It’s the main way banks get to make risk-free money off the population in a country that has the biggest GDP growth in Europe based mainly on consumption.

Partially yes and /w Epoch.

Even though parent is true, don't get the picture that it's just PHP/MySQL. I've seen and written Lua code on top of Openresty for a custom CDN authorization layer fe. Also Node is getting more and more common.

The problem with Go and the like is that you shoot yourself in the foot regarding recruiting. An exotic tech stack really narrows the already small pool of people willing to work for an adult company.

Everybody is catching up. I just found out that my ISP actually subscribed me to an AntiVirus service for 6EUR/month, checked by default on the n-th page of the contract I signed. Even the monthly invoice didn't reveal that, I had to find out from a friend working for the company.

While content sites are not doing well, live cams have nowadays quite a high turnover. However all you said regarding merchants and banks is still an issue, payment processors get quite a large chunk of the pie. I’d also add Epoch to the dominant billers besides CCBill.

Hopefully the crypto world will mature in the upcoming years and people will use it for payments. That would help customers stay anonymous and there will be no charge-backs. Sure, we will miss recurring payments but still a win imo.

Source: I’m the CTO of a mid-sized live cam platform.

Well it might have played differently. If Facebook hadn't bought it then Facebook would have competed against it and that's not an easy fight. Look at Snapchat.

Any of the options you listed above is a possible scenario. I would add, as Thiel says, that the reason recessions happened so often after 1960s was because people's expectation of growth has been more optimistic than the real economy growth. This resulted in over-leveraging and over-buying of entire asset classes which eventually caused a bubble.

Here's a talk I found interesting regarding growth and the future of the economy: https://www.youtube.com/watch?v=KKLDevYyE9I&index=13&t=0s&li...

One relevant part I liked regarding the Madoff scandal:

Obviously, you were like how could these people be so stupid to give this person all this money? Didn't they read the details? ... But one of the reasons it happened, psychologically, was because people thought 8-10% with 0 risk was perfectly normal. That's why nobody asked any questions.

> which compare very nicely to the (expected / hoped for) 9.7% average return from a diversified total market fund.

Understood, guess it's hard for me to wrap my head around this. As a european this feels unsustainable and way too good to be true.

@dgacmu Cannot reply to your comment so I will here.

> For any investor, there is a point in the mortgage interest rate vs risk-adjusted returns space at which investing is better. That point may differ, of course.

I agree there always is a point, what I think is that the risk-adjusted return should be much bigger to be worth taking. The spread between the mortgage rate and the stock market return usually is not that big.

There will always be missed investing opportunities but leveraging the house you live in to squeeze an extra 1-2 percentage point at the risk of going bust doesn't look optimal to me.

It's worrying indeed how most people just take growth for granted and don't want to at least consider alternatives.

Btw, here's a talk I found interesting regarding growth and the future of the economy: https://www.youtube.com/watch?v=KKLDevYyE9I&index=13&t=0s&li...

One part I liked regarding the Madoff scandal:

Obviously, you were like how could these people be so stupid to give this person all this money? Didn't they read the details? ... But one of the reasons it happened, psychologically, was because people thought 8-10% with 0 risk was perfectly normal. That's why nobody asked any questions.

EDIT

And regarding my Reddit rant, also scared me that many people don't pay off their mortgage because they get a better return from the stock market, something I find quite wrong unless you're living in a hyper-inflation economy (which is not the case in the developed world)

I really don't understand why you are being downvoted. I've been checking /r/investing for a while now and the general advice is to put all you have into the stock market (diversify) and HODL.

Everyone says there's no way the market can underperform on a longer run and you can't time it so don't bother. When someone brings back 2008 they downvote it to death and reply that it went back up so it will be all fine. When the market goes south just keep buying.

Japan would like to have a word with you.

May I ask if you have considered getting treatment in another country? To what degree did you anticipate these costs throughout those years?

What scares me even more is how overvalued everything else must be around us. It really can't be that people give money away in such way and other valuations are still sane, there has to be some correlation.

I see companies closing in to 1 trillion USD, housing feeling decoupled from reality and the entire crypto market cap even now is ~300bln USD for what mostly is pure speculation. Odd.

Short yes, so his head game is not that good but he is not skinny, he is quite muscular and strong. Attacking isn’t easy either, he is (was) one of the most fouled players in La Liga and he still scored a ton.

It doesn't really work like that. Everyone has the responsibility to do their best in the context of the team. If one is more capable he does more, there's no passing responsibility at this level and there is no preferential treatment. Everyone has to do everything in their power to help the team. When Barcelona was in its prime shape and Messi was scoring/helping score more than Barcelona's defence could take on it was ok. When the team does not win and you did not give all, it's a problem isn't it?

Of course this is just a superficial comment and take it with some salt, I have no clue what goes on the pitch, it might also be that he cannot sustain a full 90min and be productive attacking while also doing a degree of defense.

Note that Messi is, at times, criticised for not playing defence which means more effort running back and forth. He is definitely doing the right thing when attacking but it depends what one optimizes for.

Since I've worked remotely (from home) for years I can't possibly conceive how most workers are forced into a chair through the entire day. I had the luxury to lay down pretty much any time I wanted. No wonder back problems are so common.

Now running a small office and I put a couch in a separate room specially for resting. Everyone seems to enjoy it for 10-15 minutes a day, nobody abuses it. Whoever thinks people can be productive in a chair 8+ hours a day is deluding himself in my opinion. At least take a decent break then.

I experience exactly the opposite, never sick in a train when reading/working and from what I’ve heard it is the same among the people I know. Flying is way more bumpy and the pressure changes don’t help. Lack of space in planes makes some people uncomfortable also.

You used the word prepare. Plenty of people do not have that option, either because they're in a hurry or they don't live nearby or, like in my case, they're tourists. Though I agree that SF is better than other places, having more health-ish food shops, overall US-wise it's not easy to avoid sugars.

We have it in Romania too and it's great, very hard to tear and also waterproof.

Not trying to be cocky, but why is affordable housing a right in a capitalist society? Genuinely curious.

> US is currently in capable hands economically since it is lead by a businessman and surrounded by financial experts from wall street. (I don't approve of Trump's character).

All presidents are surrounded by financial experts. Also the ‘financial experts’ did a lot of mistakes and mispredictions through history, not sure if your point stands.

Having a businessman for president is arguably good, a country is not a business.