Liberty

What exactly did Trump's administration do here? The article you posted does not mention anything. Any time now he'll take credit for it.

There it is: Lying about testing more than elsewhere too..

Not being all bad isn't a bar you want to set for yourself.

And everyone would lose. No, Liberty (the concept) would win. ;) How naive you are. You think China would come out of a world war more democratic? You think liberty in the US would increase in the face of nuclear war? You think Taiwan wouldn't be potentially destroyed? You think dead people are free?

The definition of lying to some of the people all of the time. So trashy. Well, they can't fake the all-count deaths, at least (yet). Of which we have ~65,000 excess deaths, broken down by weeks ending: 3/28: +4,300 4/4: +12,900 4/11: +20,000 4/18: +17,500 4/25: +10,900 Trump has always only cared about how things look. That's why he gave gossip to journalists for decades with the only condition that they refer to him as "billionaire Donald Trump" even if he wasn't a billionaire, played a successful businessman on TV even though his businesses were terribly run. He wanted Ukraine to announce an investigation into Biden, didn't care too much about the result, talks like a tough guy even though he's always run away from danger and has the thinnest snowflake skin around (remember when he sent photos of his hands to that journalist for years after he mentioned he had small hands?). Wanted photos ops with medical ships and at some Apple factory in Texas, didn't care that the ship wouldn't be used or the factory already existed and he wasn't really opening it, etc. This is more of the same. He figures if he can change the number, that'll be good enough and much easier than changing the actual health crisis, which he doesn't have the intelligence, competence, discipline, follow-through, empathy, team, etc, to affect much in a positive way.

Focusing on the important things: https://www.thedailybeast.com/team-trump-pushes-cdc-to-dial-down-covid-death-counts

https://informationisbeautiful.net/visualizations/covid-19-coronavirus-infographic-datapack/ Also:

And everyone would lose.

Because a lot of Chinese corrupt officials have their kids and assets parked in the US. If the war starts, their assets will be counterfeited by the US government. They will do everything they can to stabilize events. Seems like that's not gone and not zero, but I agree risk has been increasing. Just don't think it ever was zero. US has also tremendous dependence on Taiwan for electronics (TSMC, etc), and would hurt itself a lot in any conflict, like China.

Why do you think it was 0% before?

Herbalife seems like one that doesn't contribute anything but takes from (mostly) poor people.

The way costs for solar, wind, and storage are going, they'll be a massive part of the grid at some point. few other things will make sense. It's just hard to compete with something that doesn't have fuel costs and where the capital costs are going down exponentially.. Fossil fuel costs are low lately (but can go back up, predicting commodities is impossible), but the pollution they cause has a cost and will eventually be internalized back in their price and will make them uncompetitive. Eventually fusion could contribute a lot too (tokamak designs seem promising and have made progress with ITER), but that's farther off.

Druckenmiller interview at the NY economic club from a few days ago: https://youtu.be/wKwoMuB2Tck

Coal is getting ever smaller as a part of the US power grid, and in many other places it is inexistent (where I am, for example is, 100% hydro): Even running on 100% coal, an EV isn't that far from a gasoline car when it comes to CO2, because ICEs are so inefficient compared to electric motors (70-80% of the energy in a gallon of gasoline is wasted as heat). When it comes to smog forming emissions, it's a bit more complex; power plants tend to be much farther away from population centers and people's lungs than tailpipes. But EVs are mostly charged as night from baseload or excess wind power and don't contribute much to peak during the day and don't make coal plants run more than they would otherwise at those times, so any additional load will go to peakers which aren't coal. Since most place only run partially on coal, the EV is much better than a gasoline car, and over time it gets better as the grid is cleaned up, while the gasoline car gets worse as wear and tear tends to make it less efficient. In fact, EVs can help the grid handle more renewables because they can act as a distributed battery that can store cheap (sometimes even negatively priced) excess renewables on very sunny/windy days. Basically, what you're saying it just a slogan, and like most slogans, it doesn't tell the whole stories and is more misleading than elucidating.

Leadership: UK vs New Zealand:

Exactly..? So why have them manage you capital?

Trump knows better than everyone about everything: https://www.cnbc.com/2020/05/13/coronavirus-trump-says-faucis-warnings-about-reopening-are-not-acceptable.html

Good piece by Gavin Baker, I recommend it: https://medium.com/@gavin_baker/scale-and-loyalty-are-more-important-online-than-offline-which-drives-much-of-the-winner-take-992345be93a9

Russo pretty much sold out of WFC in Q1: https://whalewisdom.com/filer/gardner-russo-gardner

Thanks Obama:

What's the evidence that management is good at capital allocation again?

(thread)

Of course even the UFO conveniently-timed distraction was BS:

I enjoyed this interview with Hanzi Freinacht: https://jimruttshow.blubrry.net/hanzi-freinacht-2/ It's the second one with this interviewer and I haven't heard the first one yet, but it's probably also good and I intend to listen soon. https://jimruttshow.blubrry.net/hanzi-freinacht/