snarfybarfy

I'd love to RTFA but I am paywalled! You guys all have subscriptions, or what?

Trump/Putin/Jong Un/... forever? Really? I think that would be monstrous.

No matter how unfair things are in life, in the end we are all food for the worms. Already better educated people live longer lives, but once science really 'cures' aging, who do you think will be the first to benefit. And probably the only ones as well?

In my opinion taking a percentage cut on something that is not strongly correlated with any special effort, borders on scam.

And yes the scammers are everywhere: your bank, broker, recruitment agency, financial adviser, real estate agent, etc...

Call me bitter, but I paid way to many years 20% of my paycheck (yay, work for free on Fridays!) to some agency because they, for no good reason at all, somehow are into this percentage margin business as well.

The country I live in all major stockbrokers will charge you the higher of $90 or 1% (discount brokers take about half that), whereas a lot of other countries have enough competition that you get actual flat prices per trade.

You are selling some service, then please put some actual price on it. E.g. $2000 to review your game and put it onto our platform.

If the service requires ongoing efforts than put some price on this as well.

Without price there can not be any free market.

Maybe they should not have let crapware onto their platform in the first place?

It did not passively sneak in, it was actively let in by Steam.

Like the saying goes, if you want to get rich:

1. No 3rd house

2. No 2nd wife

3. No 1st yacht

Yayy, now that you made it you can get all of the above!!

I don't think they are second class citizen. I think that a lot of Swiss women are more privileged than their spouses.

A woman with kids can choose whether to stay at home or work (full or part time at their discretion) and plenty of women choose to be stay at home mums.

No such choice is given to most fathers.

Which consensus are you talking about?

US? Northern Idaho? Thailand? Saudia Arabia? SV??

Where I live the long term average is 6-7x household incomes.

If nukes start to really hit Switzerland then it will look pretty grim everywhere else as well. Might as well just get it over with and enjoy the light show.

I think this is brilliant!!

This gives political clout back to the normal people.

Cleaners and trash disposal workers on strike for 2 months?? Country comes to a standstill.

Investment bankers on strike for 2 years? Nobody noticed except for retirees that get more pension benefits.

There is the same correlation in regards to vehicle occupants. At some point the kinetic energy becomes so great that the body of the car is unable to absorb it sufficently and then the remaining energy kills you.

No straw men anywhere in my line of argument. Just a cheap dig. Sorry for that.

Well I would argue that currently the economy is limited by consumption and not investment.

Google "asset price bubble" and compare this to the general inflation.

Are you by any chance one of those people that still believe seat belts are for sissies?

Because you can just hold tight to the steering wheel?

And yes the kinetic energy per se does not kill you. It's when the kinetic energy gets converted to elastic/inelastic transformation of your head that you die. There is a clear correlation of speed and survivability.

See: http://www.humantransport.org/sidewalks/SpeedKills.htm

5% chance of dying @ 20mph

85% chance of dying @ 40mph

And what kind of right would breaking the speed limit push that citizens could possible want to have changed?

I am all for hardcoded speed limits. Why sell cars that can go faster than $MaxSpeedInYourCountry ???

Other than that I think you made a good point.

While I agree with your general point, I have to take objection to your car analogy.

Whether a car is travelling at 30 or 40mph makes a huge difference.

Kinetic energy is the square of the velocity and it also affects reaction time:

Total stopping distance (reaction time + braking distance):

@30mph = 44 feet + 43 feet = 87 feet

@40mph = 59 feet + 76 feet = 135 feet

Which means that chances are fairly good if you hit something 60 feet away going 30mph, but pretty grim going 40mph (basically full speed impact).

http://www.forensicdynamics.com/stopping-braking-distance-ca...

One can also argue that rising minimum wages directly benefit the economy as this money will be immediatly consumed.

Giving $10 to a poor person will result in $10 more goods and services demand. Giving $10 to a very rich person will probably make 1/10th of a share change hands and have no effect on the real economy whatsoever.

Being obscenly wealthy is so obviously wrong that many aspiring 'american dream' (TM) candidates can't even conceive of alternatives.

While Jeff has undoubtedly worked hard and he is probably even above avarage smart, he is has NOT worked 100'000x as hard and is NOT 20x times smarter than the average Joe.

Currently once you are rich it gets even easier to get even more rich. It should be the opposite. There should be a headwind making it harder the richer you get.

In these games of high level 'politics' I always assume nobody in the public really knows anything.

Any claims produced by anyone involved are just claims and not facts that can be verified by me or any of those so called journalists.

I personally would trust neither Putin nor Trump with my lunchbox.

I also had to laugh out loud when I came across this statement:

Facebook is truly the only company that’s singularly about people.

Switch of the fucking ads and the stock price goes to zero.

I suspect that sales of expensive sneakers will take a hit while this Fortnite craze keeps going.

It's the same insecure teenagers that previously spent inordinate amounts on clothes and shoes that are now going to spend tons of money on Fortnite skins.

Well duh, it's a whole house in a millionaire city?!

Seems rather cheap. Where I live an 900 square foot apartment can also set you back by $2m. The seven apartments currently listed are all above $1.6m with several having undisclosed prices (if you have to ask then you can't afford it:-)

AND you will top out at 200k as a Software Engineer here as well.

But they are NOT any old ad-tech company.

They were built and grew out of their initial 'don't be evil' culture.

> I really dislike cars and being around cars. They are noisy. They ruin the air quality of a city.

I guess you are not alone. Given a certain location, the singlemost important indicator of your house price is the amount of cars driving by each day.

A factor of 3 in my immediate neighborhood:

$15k per m^2 in a cul de sac vs. only a 100 meters apart $5k per m^2 next to a 4-lane road with quite some traffic.

The numbers might work out for HER, but maybe not for her kids that inherit a wreck of a planet.

A Price-to-Rent ratio of 45 is indeed crazy. Implied total return only slightly above 2% with quite some downside risks AND running costs + depreciation.

Rents are also quite high and it would still take 45+ years to have it paid off!

Any reasonable person would want to rent in such a situation.

All this talk about nanotubes, when the real question is:

What kind of music are they going to play on the way up???

We could have had nice electric cars like 10 or even 20 years earlier if legislation had limited normal cars to something reasonable like 40 horsepower / 30 kW. (yeah go on and tell me about your family of 9 that needs to go up a 20% incline in strong headwinds;-)

But no, it ended up being an arms race to have the biggest vehicle on the road.

And ironically most people in those huge contraptions cry about there not being enough parking spaces.

Naturally the lenders should be held to higher standards?!

The lenders are highly paid professionals that do this 40h / week.

The borrowers are normal people that do this once or twice in a life and might only have a very basic understanding of financial affairs.

Reminds me of the studies that claim that putting lead in our petrol for decades also decreased the average IQ globally by 2-3 points.

Which market value of labor are you speaking of?

This seems to be a common fallacy, because people call it the 'labor market'. However I would claim that there is no labor market in the classical econ 101 sense.

A market needs to be transparent, have low transaction costs, be voluntary and have a sufficient number of buyers and sellers.

Otherwise you might still call it a market but it will not have any magical properties that the government shouldn't mess with.

I also remember reading this.

I think even safer (i.e. drivers keep more distance while overtaking) than no helmet was pretending to be female by wearing a wig with long hair.