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So when Trump moved from DC to mar-a-Lago crime rate in big cities dropped...


Basilisk


great memories!!!!


The existence of these institutions hinges solely on the reputation we assign to them. If we collectively recognize them for their role in perpetuating economic inequality, catering primarily to privileged white adults whose parents bought them a ticket to attend, their worth will diminish rapidly over time.


VR sickness is still the largest barrier to large scale adoption. I've been following research by Meta/Reality labs closely but despite them investing billions in VR they seem to have not bothered investigating VR sickness at all.


See the bigger picture here: this is a white swan event that can finally raise unemployment, bring wages down and lower inflation and will cause the fed to finally stop raising interest rates. Yes it sucks for the VC/startup folks but the years have been good for many of these and they can afford a haircut more than anyone else in our society.


Trump & republicans cut banking regulations and increased capital thresholds from 50 to 250 billion for banks to comply with an FDIC stress test as mandated by Dodd-Frank (which was enacted after the mortgage crisis). SVB would have not gone bankrupt had they been required to pass this stresstest. This change was widely supported by tech companies and banks and here we are again with a bank engaging in risky behavior holding out their hand for taxpayers to bail them out: NO.


Stress test (financial) > Bank stress test , Payment and settlement systems stress test https://en.wikipedia.org/wiki/Stress_test_(financial)#Bank_s...

List of bank stress tests > Americas https://en.wikipedia.org/wiki/List_of_bank_stress_tests#Amer...

https://www.google.com/search?q=increased+capital+thresholds...

From "Transparency & Accountability - EGRRCPA (S. 2155) Rulemakings" https://www.fdic.gov/transparency/egrrcpa.html :

> The FDIC is responsible for a number of rulemakings under the Economic Growth, Regulatory Relief, and Consumer Protection Act (EGRRCPA). This page provides links to proposed and final rules and related documents.

"FDIC Releases Economic Scenarios for 2022 Stress Testing" (2022) https://www.fdic.gov/news/press-releases/2022/pr22019.html

How can the scenarios and policies be improved?


I was just asking myself what was the us bank regulator doing. But this explains a lot.

Small government has its consequences


Socialism for the rich. Rugged capitalism for the poor.


Trump and republicans increased the capital treshhold of banks from 50B to 250B where banks must comply with an FDIC stress test as defined by Dodd-frank regulations. A small bank like SVB would have probably been required to hold more capital and wouldn’t have gone bankrupt.


or perhaps it wouldn't have been able to survive to that regulation in the first place

it does seem like the current banking system is weird and full of vestigial features, they are so regulated they might as well be publicly owned


These trucks can all be charged with 240V whereas the Tesla semi requires a 1000V (mega charger) which isn't available anywhere yet. So these trucks are all contending with being far more practical.


There's a difference between AC and DC charging. All current Tesla's accept 240 volt AC and there's no reason to expect that the semi won't either but with the such a giant battery pack 240V will simply not be fast enough. The 1000 volt is for DC fast charging. Tesla's current models use 350-375 volt battery packs. 1000 volt will just allow them to charge faster for DC fast charging, and more efficiently.


To add to this, for AC, there is a conversion stage (ie inverter) that needs to convert it to DC to charge the batteries. This unit, at the currents that the Semi requires to be charged in a reasonable amount of time will be wasting too much energy in conversion losses.

Due to its inpracticality, AC charging is unlikely to be an option, but maybe they include it for those exceptional circumstances.


Existing Teslas can accept various voltage for charging. Obviously, the lower the longer to charge. Pretty sure the Tesla Semi CAN charge at up to 1000V, but doesn’t require it, while the competitors CANNOT charge at 1000V.


What's your source that Tesla Semi can't be slow charged with 240V? I'd be pretty shocked if that was the case.


I read it as "requires 1000v to get the charge speeds advertised" - at 240v the trucks would all charge at about the same rate, and 240v may be what everyone goes with (though I doubt it, might as well install a dedicated charger if you're buying a truck).


Before airBNB I used to rent cabins quite often on the California coast where you would probably spend $350-$500 for a weekend. That amount right now is just the cleaning fee. Maybe better for owners and airBNB to have fewer guests who pay more but it sucks for consumers.


It does not suck for consumers, maybe for some but not as a whole. I rented cabins in cali for a lot cheaper depending on location and other types of properties. I think you're probably looking for vrbo.

Hotels of a similar price have less space and you have to deal with a lot of hassle and less privacy. Rentals before airbnb required interacting with renters and dealing with them a lot more, I have no problem paying more to avoid that mess. It is also safer in my experience and allows me to pick from a wider range of options.

My theory is that consumers (not neccesarily you) that figured things out and where the socio-economical landscape was suitable for them dislike stuff like uber, airbnb and uber-eats but it also opened up goods and services for people that are willing to pay but these things were made complex and inaccessible to benefit middle men and other interested parties.


How do hotels have less privacy than airbnb?


Hotel staff get in, for most needs you have to go out of your room. With airbnb, unless you choose a private room, renting the whole house or apartment means you don't have to worry about other people. Of course like hotels there are bad airbnb hosts that spy on you or intrude on your stay (that's what reviews and ratings are for)


That's fair. Did not think about that.


For me AirBnB still provides the better value proposition - and with the whole amount now being used for filtering results, it'll make prices more competitive.


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