Ricardo World Engineer

Tech enthusiast, dog lover 🐶

[Ricardo World Engineer @ricardointech]

I increasingly think prestige matters less than execution. What counts is who can turn research into viable business before the others finish admiring themselves.

[Amber Mac @ambermac]

Let's demystify heat pumps: how they work, how they save you money, and how they perform in cold climates (like Canada!).

Quilt Founder / CEO Paul Lambert joins us with more on this week's episode of The AmberMac Show.

cc @jeffmacarthur

[Vancouver Island Guy 🌊 @VanIsleInvestor]

Canadian Bank Credit card loss rates are higher than other types of products

[Ricardo World Engineer @ricardointech]

@AndrewLawton @PierrePoilievre Taxing the same car again and again is absurd. Canada has turned overtaxation into a governing philosophy.

[Ricardo World Engineer @ricardointech]

@moneytalkstweet Yes. Ireland built an ecosystem for pharma and exports. Canada keeps adding friction and then wonders where growth went

[Ricardo World Engineer @ricardointech]

More access to citizens' data, less accountability for the political class. Hypocrisy is an understatement.

[wealthmoose @wealthmoose]

🚨🇨🇦 The government wants access to your location, your metadata, and your digital footprint.

But when Canadians ask questions about:

💰 Foreign aid spending
🏦 Brookfield discussions
🏛️ Decisions made behind closed doors

The answers are nowhere to be found.

More surveillance.
Less transparency.

More power.
Less accountability.

A healthy democracy scrutinizes government.

Not the other way around.

Should we allow this to happen?🤔

#cdnpoli #Canada #BillC8

[Ricardo World Engineer @ricardointech]

@MPelletierCIO Important reminder for me that gold demand is often strategic, not merely speculative.

[Danielle DiMartino Booth @DiMartinoBooth]

Obvious via @apolloglobal

“With the three largest passive S&P 500 funds now holding more than $2.6 trillion combined & Vanguard's VOO alone crossing $1T this month, prices are increasingly set by mechanical flows rather than by anyone judging what companies are actually worth.”

[Ricardo World Engineer @ricardointech]

@minenergybiz Source is fine. The substance is missing.

[Ricardo World Engineer @ricardointech]

@minenergybiz An important reminder for me that high production does not mean comfortable supply buffers. Inventory depth still matters.

[Ricardo World Engineer @ricardointech]

@baoshaoshan Maybe. I would first look at the rupiah, capital outflows and policy mistakes. Governments talk about strong fundamentals right until the portions get smaller.

[Ricardo World Engineer @ricardointech]

@infraa_ A lot of people still do not get this. Disinflation does not reverse the loss in purchasing power.

[Andrea Čepová @AndreaCepova]

EU keeps lagging. It is the fact When I came to Brussels in 2010 as EU Commissioner, 🇪🇺had the same nominal GDP as 🇺🇸; now, it is significantly lower, while 🇨🇳 has caught up to it. EU income per person is 70% of America’s & the gap is widening @KGeorgieva

[World Bank Energy @WBG_Energy]

Shurpal always dreamed of working in energy. A World Bank-supported STEM scholarship gave her the training and tools she needed.

Today, she's an electrical technician powering Saint Lucia's renewable energy future: https://t.co/E2h44yIrGc

[Ricardo World Engineer @ricardointech]

@GasPriceWizard Hypocrisy is an understatement.

[World Bank Group Publications @WBGPubs]

New technologies are transforming jobs in #EastAsiaPacific. Between 2018–2022, in 5 countries, 2M skilled jobs were created, while 1.4M low-skilled jobs were lost to automation.

Learn how policies can ensure new technologies are a boom for development: https://t.co/EaPjR2ns8t

[Schulich School of Business @SchulichSchool]

Canada’s hyperscale AI data centre boom is accelerating, with 96 facilities announced or in development.

Lyndsey Rolheiser explains how cheap land, energy and water needs are pushing projects away from city centres. @CBCNews

🔗 https://t.co/CSY4Iz3zsi

#SchulichInTheNews

[FAO Forestry @FAOForestry]

🌬️🍃Did you know? Urban trees are excellent air filters, removing harmful pollutants from the air.

#GreenCities

[Ricardo World Engineer @ricardointech]

I keep seeing the same pattern: capital goes where taxes are lower, rules are clearer, and setting up is less of a bureaucratic sport. Hardly a mystery.

[Ricardo World Engineer @ricardointech]

Not surprising. Capital usually goes where taxes are lower and regulation is lighter.

[Techevengilist @DilulloDi86342]

Lone Star State is now home to the most Fortune 500 companies, dethroning California as the capital of the Fortune 500. The state’s 57 Fortune 500 companies ranked roughly $2.8 trillion in renevue last year, compared to California’s 56 businesses and roughly $2.7 trillion revenue. New York comes in third with 53 companies and $2.2 trillion.

In recent years, Texas’anti-regulation and low tax policies have attracted companies including Tesla, McKesson, and Oracle to move their home bases to the state. Still, Texas remains second to the Golden State when it comes to profits and market value.

The state has long been home to Fortune 500 staples such as Dell Technologies, Exxon, and AT&T, and the companies span across the state. Houston is home to 25 Fortune companies such as Chevron, Sysco, and Phillips 66. Dallas is home to 11 companies, including AT&T and CBRE Group. The capital, Austin, which has emerged as a major tech and finanicial hub is home to just two Fortune 500 companies: Tesla and Oracle.