On €10M of foreign income, the UK will take €4M+. Italy takes €200k.
The math explains why high-net-worth migration has shifted. Milan is the new London, but with better weather.
More broadly, Italy has become a true wealth magnet with 4K+ new UHNWIs relocated there in just…
Seems like a bit of a blunder to have high tech armament production centered around Taiwan chips and Chinese rare earths imports. With Taiwan the flashpoint in a potential war. China plays chess ...
This is one of the best books I have read on how to actually prepare for bear markets and collapses
Understanding HOW volatility is transmitted through a balance sheet is everything
Bear markets occur because of asset liability mismatches, not because debt levels increase
Why do economists care about inequality in incomes and wealth?
1) Inequality tends to dampen overall economic performance. One of most immediacy effects is on consumer spending. Low-and middle-income households spend a larger percentage of each dollar that they spend….
@emanuelpietrob1 Credo che la strategia in atto sia assai più stratificata.
Sfatiamo alcune cose:
1)Non è certamente alla ricerca di una risposta cinetica della NATO, viste le difficoltà in Ucraina è ovvio che la Russia non può permettersi altri coinvolgimenti quella è isteria dei media che…
Digital ID has nothing to do with immigration, just think critically for 3 seconds.
Britain currently has up to 1 million illegal immigrants. Many, if not most, are known to the authorities. And yet they're still here. The reason they're here is NOT that we can't identify them…
Everyone ‘knows’ AGI will either make us all unemployed or fabulously wealthy. Except, a rather brilliant (and chilling) paper from a Yale economist suggests it's neither.
It says the economy will boom, and our wages... won't. A bit awkward.
I've been digging into this 2025…
Fuck:
don’t eat meat
don’t drink wine
don’t fuck whichever quirky way gets you going
don’t speak your mind
don’t live free of their accepted norms
Fuck serfdom
Denmark's politicians are in step with the public on immigration. Perhaps this is why they don't have a vigorous far right, suggests @mrianleslie citing @jburnmurdoch.
Denmark's politicians are in step with the public on immigration. Perhaps this is why they don't have a vigorous far right, suggests @mrianleslie citing @jburnmurdoch. https://t.co/BvUNtBCAXx
(To be clear, this is not a counterfactual. Absent the AI boom we would probably have lower interest rates & electricity prices, thus some additional growth in other sectors. In very rough terms that could maybe make up about half of what we got from the AI boom.)
Jason Zweig’s three ways to get paid to write:
1) Lie to people who want to be lied to, and you’ll get rich.
2) Tell the truth to those who want the truth, and you’ll make a living.
3) Tell the truth to those who want to be lied to, and you’ll go broke.…
From what I understand, Anduril are big users of nix. Maybe @PalmerLuckey can help turn the ship around. It's amazing what a stabilizing force it can be to have the companies with a commercial interest in using OSS help support good governance.
@luuvaddiction 1) hire as many people as you can when times are good, even if there is nothing for them to do (aka build an empire). 2) don’t trust anyone you work with, ever. 3) get anything suspect in writing. 4) don’t expect your employer to care about you, capitalism rules. 5) being liked >…
Watching from the outside, nix seems to have been particularly hard hit by all this nonsense. Such a shame too, the core ideas are incredible. I hope they can be unearthed again from under the dreck.
Watching from the outside, nix seems to have been particularly hard hit by all this nonsense. Such a shame too, the core ideas are incredible. I hope they can be unearthed again from under the dreck.
I don't want to blame anyone who went along with my cancellation from the nix community.
I do want the community to thrive, and ask for people who still remain in the community to push back ongoing efforts to terraform the community. The nix majority has just been silenced, but…
I don't want to blame anyone who went along with my cancellation from the nix community.
I do want the community to thrive, and ask for people who still remain in the community to push back ongoing efforts to terraform the community. The nix majority has just been silenced, but…
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