@newstart_2024 My wife snapped one evening when the kids were in HS and college and sat at the dinner table staring at their phones. They never did that again at least.
It is criminal that our government enabled a bat virus to infect and spread between humans. Indeed, it is hard to imagine a bigger betrayal of our species.
It is equally troubling that the mad scientists who did this then gaslit all the people of the world about it, including those who CORRECTLY interpreted the evidence.
Then, of course, the very same monsters amped up fear of the Covid frankenvirus and steered the panicked public away from safe medicines, and toward an obviously dangerous gene-therapy which they falsely called a vaccine in order to lure us into acceptance.
These are among the greatest crimes EVER committed against humanity. We now have persuasive evidence of everything I have said above.
If we don't correct the record and hold the perpetrators to account, this pattern will happen again, and again, and again--shortening our life expectancy, and degrading our quality of life each time that it does.
This is our Nuremberg moment. We can not simply move on from this ghastly chapter of history. We must finish it.
@brownstoneinst
BlackRock Private Credit fund sees 13% redemption requests. This is up from 9.3% in Q1.
This continues the pattern of acceleration in requests from Q1 to Q2 we have seen from others.
For those who are math challenged this is bad.
@PeterDClack Next gen fission and geothermal seem like our best sustainable hopes for the present. Fusion has been just around the corner since I did a book report on it in the ‘70s.
@ashleyschendel Travel is easier when you are young. I’ve visited a couple of dozen countries over the years. Most were interesting, but not all. It’s a status symbol for those who lack better uses for their time.
@TheBabylonBee Their failure rate seems lower than average, probably thanks to low prices. Hit one with a friend after a day of hiking this week. Chips with salsa and bean dip, a big burrito each, and 2 sodas for just over $20.
Well, here's some math. Starlink is a profitable business with about $11 billion of sales and $3 billion of free cash flow. It might be worth $75 billion at a frisky multiple of 25X free cash flow.
The balance----the space launch business and the AI/data centers in space fantasy----has $7 billion of sales and NEGATIVE -$17 billion of free cash flow. So why is it worth anything, unless you are pricing a dream peddled by sell-side hucksters?!
In short, after trading up to $2 trillion based on $75 billion of tangible Starlink value, where's the remaining $1.925 trillion of it?
This isn't just the classical mania of the crowds. This is sui generis--- mass insanity in a casino that has been giving a lobotomy by three decades of money-printing madness at the Fed and its fellow-traveling central banks around the planet.