Devlin Williams

Devlin || Saskatchewan || A few thoughts

[Devlin Williams @devlinsw]

@asklivermore I’m interested in joining the subs on X, I’m wondering how you would recommend someone who has started after the challenge is already underway? Just start jumping into new positions from this point onward? Or a select few?

[Douglas Rooney 🏴󠁧󠁢󠁳󠁣󠁴󠁿 🇵🇸 @Doug_rooney]

Theoden:
So much death. What can men do against such reckless hate?
Aragorn:
The Dow is over 50,000 right now. Nasdaq is smashing records. That’s what we should be talking about

[𝓛𝓿 ✮ @levirelates]

My boss is totally unhinged. He just
divided a stack of resumes into two,
threw one pile away and said

“we can't work with unlucky people”

[Dad Jokes @Dadsaysjokes]

Aliens are going to be super confused when they show up to overthrow our leaders and we're all happy and offer to help.

[Devlin Williams @devlinsw]

Humans engineer some amazing shit.

[Aakash Gupta @aakashgupta]

The math on this image is insane.

New Horizons transmitted at 2,000 bits per second from 3 billion miles away. Slower than a 1990s dial-up modem. It took 16 months to download all the flyby data.

The spacecraft had to hit a target box 100km wide, arriving within 150 seconds of schedule, after 9 years of flight. Miss it and the preloaded observation commands point at empty space.

Ten days before arrival, the spacecraft crashed and went into safe mode. Engineers had 72 hours to restore everything.

The probe is now 5 billion miles out, still whispering data back to Earth. We got 50 gigabits of Pluto photos using technology slower than your phone’s bluetooth.

[Devlin Williams @devlinsw]

lol not sure why the error, but if you add up the outlays, it’s actually $560 billion spent, which means September would be a net deficit of -$12 billion.

[Chamath Palihapitiya @chamath]

Wow

[Devlin Williams @devlinsw]

This is a gift to consumers, to the US Strategic Oil Reserve (which is down to 400 million barrels from a previous average level of 700 million barrels), just not to the North American oil & gas industry.

https://t.co/1vLQPuUn1i

[Justine Moore @venturetwins]

This is definitely the most insane AI video I’ve ever seen

[Massimo @Rainmaker1973]

It's official.

An interstellar object has been detected hurtling towards our solar system.

For only the 3rd time in history, astronomers have found an interstellar object hurtling through our solar system. The newly discovered space rock, now named 3I/ATLAS, could be as large as 12 miles (20 km) in diameter. And it’s soaring toward the Sun at a blistering pace.

[Devlin Williams @devlinsw]

But one or both are needed for a pathway out of the enormous burden that is the current (and quickly growing) debt.

[Devlin Williams @devlinsw]

The stupidity of this “cut revenue and spend more and kick the can down the road for someone else to deal with” plan is so short-sighted, and will cause pain when the US ability to borrow or ‘print’ their way out of an every expanding debt isn’t possible like it was in the past.

[Ray Dalio @RayDalio]

Now that the budget bill has passed Congress, we can see what the projections look like for deficits, government debt, and debt service expenses. In brief, the bill is expected to lead to spending of about $7 trillion a year with inflows of about $5 trillion a year, so the debt, which is now about 6x of the money taken in, 100 percent of GDP, and about $230,000 per American family, will rise over ten years to about 7.5x the money taken in, 130 percent of GDP, and $425,000 per family. That will increase interest and principal payments on the debt from about $10 trillion ($1 trillion in interest, $9 trillion in principal) to about $18 trillion (of which $2 trillion is interest payments), which will lead to either a big squeezing out (and cutting off) of spending and/or unimaginable tax increases, or a lot of printing and devaluing of money and pushing interest rates to unattractively low levels. This printing and devaluing is not good for those holding bonds as a storehold of wealth, and what’s bad for bonds and US credit markets is bad for everyone because the US Treasury market is the backbone of all capital markets, which are the backbones of our economic and social conditions. Unless this path is soon rectified to bring the budget deficit from roughly 7% of GDP to about 3% by making adjustments to spending, taxes, and interest rates, big, painful disruptions will likely occur.

[Devlin Williams @devlinsw]

A tough decision is present and lays ahead for Americans; if you are ever going to reduce the federal debt, then you need to either raise revenue (taxes) or decrease spending. Nobody likes having to pay more out of their pocket, and they don’t like having less services.

[Devlin Williams @devlinsw]

@newsystems_ Brampton

[Alexander Quon @AlexanderQuon]

Over the 5 days of early voting in Saskatchewan 273,010 people have cast a ballot. That’s 90,000 more than the previous record for early voting in 2020.

It’s also equivalent to 61 percent of all votes cast during the 2020 general election. #skpoli