A short thread to tell you how our Model 3 saved not only my life, but my pregnant girlfriend Laura and our 4yo son Andrea. #TeslaSavesLives@elonmusk@Tesla
David Friedberg: France’s Crisis Is a Warning for America
“France is a bellwether for the West.
So take a look at this chart. This chart is a measure of public spending as a percent of GDP.
And you can see the comparison of France's public spending as a % of GDP to the peak public spending as a % of GDP of major communist nations.”
@Chamath:
“So do you think France is a communist state? They spend like it.”
@Jason:
“Well, it's certainly been a socialist state, right?”
Chamath:
“Is it working?”
@Friedberg:
“That's my point. And I think this is such a prescient lesson for the West to look at.
We all think that there's some political problem with Macron or whoever it was.
The more the government spends, the worse the conditions get for its people, not the opposite, and then the people riot and revolt.
Take a guess where the US is today. US public spending is roughly 36% of GDP. France today is operating its national government spending deficit is 5.4% of GDP. The US is actually 6.2% of GDP.
France is, I think, probably the first to go because they're only growing their economy at half a percent while the US is growing at 2.3%.
So we're still kind of hanging on because we have some degree of economic growth that's allowing us to kind of hold things together.
But I would argue that we are facing the same sort of fiscal cliff which leads to this extraordinary social unrest as France.
All the economic measures are aligned, we're at the same rate, we're at the same set of problems, and we're starting to see the cracks in the system.
There's probably a multi-year solution.”
Correct.
Using Starlink, a civilian commercial service, for offensive drone strikes to kill people has never been allowed, nor should it be.
Starshield, a different system, is controlled by the US government. What they decide to do is up to them.
Ukraine military violated Starlink terms of service and used it for offensive drone strikes to kill people. That loophole was closed last week.
Starlink remains critical to the defense of Ukraine, as it is the only system that cannot be jammed or blown up, at least for now. Were Starlink to be turned off, the Ukrainian front line would collapse immediately. This is NOT a threat, it is simply a statement of fact.
Starlink was also crucial to preventing Russia from overrunning Ukraine in the early days of the war, as all other means of communication were destroyed or jammed by Russia.
SpaceX has done more to defend Ukraine than any private company on Earth BY FAR.
That said, I have nothing but UTTER CONTEMPT for the virtue-signaling evil warmongers who push for endless slaughter and offer no realistic solution to the conflict. May you burn in hell.
End of story.
BREAKING: Major U.S. banks are detecting unauthorized third-party AI agents operating inside customer accounts, with some agents attempting to take actions that appear to be independent of user instructions, per Axios
@RHAlexander@RomainHedouin@jbulltard1 For comprehensive explanation, listen to @robmaurer Probably the best to covert the whole picture on the business while being cautious on expectations, especially timing wise. https://t.co/XYkyIK67MX
Volvo en crise, grosses pertes au T3 et surcapacités. La dernière usine de construction automobile de Belgique, à Gand, va-t-elle être impactée?
https://t.co/gqMBitLKBj
@larsmoravy on the @Tesla latest earnings call: "The team definitely crushed it on the Cybercab design and manufacturing. Just to beat your point, we have 50% less parts than any other vehicle we've ever built. So that's 50% less things to go wrong."
This week @elonmusk challenged the industry and @bscholl@boomsupersonic delivered.
On Tuesday’s $SPCX earnings call, Elon talked about how to quicken the pace to get power up and running: “Casting is the real bottleneck. And if anything, it seems to be getting worse. So that means that SpaceX can bring power on line 12 to 18 months faster than anyone else. That's the kind of advantage that's difficult to replicate unless someone else is doing advanced casting".
Today, Boom announced the world's first all-digital foundry to cast single crystal turbine blades and vanes.
Congrats to Blake and the Boom team on the huge milestone. We’re thrilled to be investors in both @boomsupersonic and @SpaceX, solving AI’s biggest bottleneck and reindustrializing America.
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