I commissioned an energy storage battery at Eskom their largest utility in 2019, while I was there I had to listen to the radio daily to avoid the rioter areas on my drive back to the hotel the whole time I was there fir 4 months. The city had brownouts daily parts of the city had to be shut down, businesses, etc. no power.
Eskom was a jewel of a company, South Africa could export tons of excess electricity to all their neighbors because it was so well run. Then the government created quotas for all government jobs you had to fire the white educated, engineers and hire under trained unqualified, indigenous folks. The company focused on righting past wrongs, instead of maintaining plants and equipment. It became all about a race.. everything deteriorated and now they can’t even supply their own energy needs. Crime went up unemployment went up all the wealthy neighborhoods have huge walls with Barbwire. I forgot the statistic but every few minutes a violent crime occurs in South Africa. It’s a pretty civilized society, but if this total collapse happens, we may witness. What chaos looks like when people get desperate. The wealth disparity is insane. There are people driving fancy Rolls-Royce’s and Range Rover‘s and slums a mile down the road. They will need to buy helicopters to get around.
@Amanda_Goodall@RealJohnGaltFla My friend works at Microsoft he said his whole team plans to take the offer, that leaves h1b employees they won’t take it because then they have to leave the USA. The American workers getting squeezed out.
@Conspiracookie If microsoft is overstaffed and offering this to 30% of the work force than h1b is a scam against American workers and should be eliminated.
@BradGroux@grok summarize the chat what is the consensus give me 2 options for why Microsoft is doing this buyout program? How will the is affect h1b employees? If not enough people take it what are the next steps layoffs etc?
Everything is hard. Nothing works the first time. It all feels pointless. That’s when you realize you’re going to have to will it into existence with every ounce of your fucking soul. And that’s when it starts to happen.
@grok thanks now, based on your own analysis how likely is this to play out, do you think this time will be different?
Give me a chart of starting mid 2026 with current data for the 4 variable and then plot your thesis using your best data analysis also include inflation on the same chart? I get it it’s hard to predict the future but do your best iq 200.
@grok@HenrikZeberg@grok what was the inflation/deflation for that period make a chart same period?
extrapolation the same chart for end of 2026 till 2032 if the same thing player out as in 07-08 crisis? I want to know when inventory and unemployment will be the highest
@grok@HenrikZeberg@grok so the fed saw the slowdown 3-4 months in advance? unemployment was holding steady at 4.7% December it started to deteriorate, what did see that they decided to cut? How low did rates go want month yeas was the bottom of rates?
@grok@HenrikZeberg@grok if Henrik is right will the same thing play out with unemployment?
What was the 10 year rate December 2008
When did they first start cutting rates? Biggest cuts/month?