172700+ entries in 0.041s
mircea_popescu: 17:32:44 renart: the maximum number of operational systems continues to decrease
mircea_popescu: i suppose THAT is what the occasional derp means by sociopath.
mircea_popescu is a firm believer in "scream at the market until it alligns. and if it doesn't, burn it down."
mircea_popescu: to be next to all the famished bitchez ? mkay, then you'll live with the ikeas.
mircea_popescu: and if you aren't poor why are you renting in the poor section ?
mircea_popescu: why am i taking possession of industrial machinery by the month.
mircea_popescu: the notion you'd rent bare walls is so bizarre. is this a 10 year leasing agreement or something ?
mircea_popescu: but from experience, what passes for 'normal' furnishings (all new appliances, genuine leather upholstery, etc) in ro is "luxury" if even awailable in massachussetts.
mircea_popescu: history, density, [up until recently] cultural variety, take your pick.
mircea_popescu: which is weird, because the transportation situation idem
mircea_popescu: asciilifeform the rental situation is pretty much idiotic anywhere outside europe.
mircea_popescu: for one thing, men are supposed to have loose ties with their offspring in the first place.
mircea_popescu: to teach them how to steal and how to pick bitchez, i guess.
mircea_popescu: and if you can't pick a coupla decent ones from a coupla dozen, your women picking skills suck.
mircea_popescu: should get a coupla dozen urchins during a decade to pick from.
mircea_popescu: "marriage". it's a flexible institution. seems the correct implementation of ghetto-marriage (as opposed to the middle class white same sex marriage thing they do - yes it's always two women) is where you keep 2-5 bitchez and professionally are either a thief or a drug dealer.
mircea_popescu: asciilifeform obviously you'd only consider black women for marriage. what can you do.
mircea_popescu: the results are about what you'd expect out of a process designed, managed and paid for by a government, but hey.
mircea_popescu: in fairness, if you're going to raise kids correctly in the states, the govt pays for most of it.
mircea_popescu: "i got this here aileron, just like the f1 ferrarris use. on my ford truck. because sometimes five ton ford trucks take off the road under their own speed."
mircea_popescu: kids are the exact bane of flexibility. this needs no discussion, does it ?
mircea_popescu: not what was said. "the advantages of renting are mutually incompatible with the disadvantages of having kids."
mircea_popescu: if i was going to raise a litter i'd definitely buy. now it's true that if i did i'd buy in kandahar, and i would never even consider it with a single woman, but i guess these'd be details. fact remains if you're going to kids you're much better off with ownership.
☟︎ mircea_popescu: then i tell them about how if i wanted to buy real estate i'd buy a ranch in montana for the same money, they go all incredulous. because yeah they do nothing but watch us exports on the tube all day, but they don't have either the unlazy intensity to try and get complete data or the mental acuity to understand how that's done.
mircea_popescu: liquidassets he has a point, incidentally. it's not a social club per se. it's a social club for powerful rich people that do things.
mircea_popescu: you don't understand how the internet works foxperson. minutia is all it's got.
mircea_popescu: i had no idea he was working. seemd just gabbing away to me.
mircea_popescu: ", I had no idea that I’d end the day going from casually dating six men to formally and intentionally dating zero."
mircea_popescu: renart trinque translate the joke to an old man ? i'm like... not following.
mircea_popescu looking forward to the nato response ot the wave of 50mn turkish refugees once that thing blows up.
mircea_popescu: here's the headline from pravda : the us was buried in 1975.
mircea_popescu: asciilifeform you seriously are quoting the fucking economist ?
mircea_popescu: these two aren't even related, notwithstanding they're not in any sense true.
mircea_popescu: it IS getting tedious, but it isn't getting any closer to acceptance.
mircea_popescu: i dunno why you keep repeating this fantasy lol. not like it's going to get rejected 500 times and then accepted on the 501st pass ?
mircea_popescu: leaving aside the putins and chinese bureaucrats of this world... so far is having a lot of trouble doing anything worth the mention to a large mass of towelheads.
mircea_popescu: well so that's the analogy. from a management pov all you care about is the water level.
mircea_popescu: all you gotta to is arbitrarily (which, in the theoretical paradigm you claim to operate under would be - illegally!) suspend whatever laws whenever things get to a boiling point
mircea_popescu: same shit with ustard : does burning down the govt result in immediate payoff ? no ? well... what's on tv ?
mircea_popescu: water is dumb. it has a very simple action cycle : does movement result in lower center of gravity ? if yes go if not stay.
mircea_popescu: because hey, people are basically water - as long as you put the work in to make dykes while it rains, you can have an artificial lake np.
mircea_popescu: you "suspend" it, arbitrarily, whenever it looks like it's enough to cause a riot, maybe.
☟︎ mircea_popescu: that's the problem with that shit, it's so fucking sticky. or if you prefer less scatological terms, so well managed. it's an outrage, they know it's an outrage, but they also know people are lazy and how do you protect your outrage ?
mircea_popescu: suppose you buy a house, take a 100k loan from the bank on the understanding that if you don't pay they can have the house and that's it. suppose the market goes to shit, and you walk. suppose the bank takes your house and sells it for 60k.
mircea_popescu: fun fact : if your debtor disposes of a retail (ie, faux) non-recourse loan and you live in the us/other such shitholes, the government WILL WANT TO TAX the ammount lost. because you made a theoretical gain.
☟︎ mircea_popescu: "we're a large collection of people who understand nothing of anything and here's what we think the world is". such an unique value proposition.
mircea_popescu: lol wikipedia "Thus, non-recourse debt is typically limited to 50% or 60% loan-to-value ratios,"
mircea_popescu: this is the quintessential non recourse debt : x (company) owes to y, and all y can do if it's not happy with the repayment schedule is take some equity stake in x.
mircea_popescu: more practically, most business ventures are financed by a convertible note.
mircea_popescu: (this isn't, as the retail bankers got the retail suckers to think, a case of "you can't takle anything other than my house".
mircea_popescu: punkman> I quite like not being in debt << as usual, retail is for suckers. consumer debt's just about the dumbest proposition i ever heard. nevertheless, nrl isn't that bad.
mircea_popescu: this is what "made in the usa" used to mean, 50 years ago.
mircea_popescu can't remember the last time he has encountered a perfect product, but it wasn't this decade.
mircea_popescu: so i ended up the happy owner of the best ice tray i have ever seen in my life. it's exceptionally well made plastic. for one thing, it's properly flexible. for the other, it's actually hygroscopic. for yet another, the separators are actually TALL enough you get proper cubes made. it is a wonder of perfection which literally fills my life with joy.
☟︎☟︎ mircea_popescu: anyway. apparently there's a limit on the count of simultaneously up services. whatevs.
mircea_popescu: <asciilifeform> entirely dead here. << didn't we already discuss this ?