173100+ entries in 0.054s
mircea_popescu: and yes asciilifeform, part of why mp is not hiring is that mp despises how stupid people actually are, and can't seriously work with the sort of idiots.
mircea_popescu: meanwhile, if you go 28.75 to 29.45 he'll deduce he's lucky to get 15.
mircea_popescu: moreover, if you raise 30 to 32 in negotiation, he'll deduce h's worth 100.
mircea_popescu: 28.75 is just below one, makes him feel like he's fucking lucky to get there.
mircea_popescu: the more important thing is the issue of [stupid] brains and thresholds. 30 is just above one, makes him feel like he's worth more.
mircea_popescu: nd more time trying to figure out why than argue with you about it.
mircea_popescu: "There is no requirement to buy ten, but raising retails from 89-cents to 10 for $10 increases sales from a case to a pallet on most items, when you have the right customer base..." << which reminds me of a point i wanted to make. yo ben_vulpes it's pretty dumb to offer grunt 30. offer 28.75. for one thing, it makes it look like real thought went into all that precision, and the sort of dickless imbecile he is will spe
mircea_popescu: "Basically, supermarkets just provide local jobs. The CEOs of grocery chains are among the lowest paid of their kind." << exactly. government clerks.
mircea_popescu: but yeah, the supermarket model is on its way out - and thanks fucking god. it was stupid.
mircea_popescu: e her tits melt in the kitchen, did you?" <<< aaactually... yes, i did.
mircea_popescu: "Supermarkets cannot stay open in extensive urban ghettos for multiple reasons. It might also surprise you to know that supermarkets that do not embrace a catering/restaurant program [which is expensive] do not thrive in upscale locales. You might be able to keep the doors open—but forget a profit. People with money make their food purchases at restaurants. You didn't buy that stunning piece of plastic surgery to hav
mircea_popescu: gotta build yerself a castle, mr wannabe margrave lord.
mircea_popescu: "is a jagers unit more valuable than a cavalry unit ?"
mircea_popescu: <asciilifeform> but i don't get how living there gives you an edge << obviously you never lived in new york. ask mike_c
mircea_popescu: similarly, there is not such a thing as "what it takes TO bed beautiful women".
mircea_popescu: asciilifeform there is no such thing as "a price tag". this is an ex-post-facto calculation.
mircea_popescu: american speculators will get fucked in the ass, publicly, and write their senator to complain
mircea_popescu: asciilifeform nah, you're behing the curve. the chinese will.
mircea_popescu: what hruschev wanted to make of ukraina IS actually what the brits made of argentina.
mircea_popescu: asciilifeform hafta understand, it's not russia. it has no industry. AT ALL. it's one large farm.
mircea_popescu: but when they discover they can't afford both underwear AND stockings, THAT is wqhen the stupid women running the show start getting open plam slapped across the diner table.
mircea_popescu: except they won't starve. nor would it do anything, it doesn't help the proud
mircea_popescu: as a result they misperceive their incentives and lose out.
mircea_popescu: and it will unwind. it must, currently everyone here thinks themselves MUCHricher than they are.
mircea_popescu: it wouldn't do anything. the glut that has to unwind is rela estate, not cash.
mircea_popescu: i would estimate liberalization takes the peso to 25ish. that's 30% up not 40% down.
mircea_popescu: NEVERTHELESS : in argentina, because of the immense real estate bezzle, and a 50 to 150 bn worth of inexistent real estate value that is looking to evaporate,
☟︎ mircea_popescu: (this was counterintuitive to the grunts doing money changing in the street, we had a good laugh over steaks about it, when discussing venezuela's plans to the same thing. after it played out they decided i was a god. because hey, why admit you were wrong when you could think the guy who's right is simply supernatural)
☟︎ mircea_popescu: this is why it's always a good idea to liberalize : the price on the black market ALWAYS drops as a result.
mircea_popescu: should the damned thing liberalize the new price would be 1.1 bn dollars matching 10.5bn pesos, or roughly speaking... 10. a 40% drop from it's black market rate of 16.
mircea_popescu: specifically : if say peasants sell 1bn dollars worth of soy, and get 9bn pesos for it ; whereas dumbass middle aged women spend 100mn dollars on shoes and perfumes because they don't wish to admit to me they're subhuman, for which they pay 1.5bn pesos,
mircea_popescu: new government decided this nonsense can't caqrry on, and wants to liberalize the dollar. this, logically, would make the price drop.
mircea_popescu: this means the farmers were paying 50% tax on top of all the other taxes.
mircea_popescu: now, the scam they had going was that they were paying the farmers 9 pesos to the dollar they got for the soy. because farmers are hostage, what are they gonna do, buy their own tanks ?
mircea_popescu: meanwhile, the contact points with the outside economy are controlled as well as they can be (they can't be - most of the local trade is in the hands of the chinese, who own the proud but stupid argentine. whenever i want to move dollars, or to dispose of any other actyual economic or poltiical matters, i talk to an asian person. no exceptions. i wouldn't break a date with han because macri called, sort of thing)
mircea_popescu: instead, it mostly went into a game of real estate musical chairs. everyone in buenos aires is a lawyer though nobody practices , and everyone owns property, which they keep trading to each other at ridiculous valuations.
mircea_popescu: because the stupidity of a typical argentine is only matched by his pretentiousness, this worthless paper issue did not result in much devaluation of the currency
mircea_popescu: part and parcel of all this, a LOT of empty peso printing, creating immense piles of worthless pesos sloshing around.
mircea_popescu: the government has for many years run it very badly. specifically, instead of borrowing in europe and then pumping those resources into development in the huge provinces (argentina is much larger than europe), it borrowed in europe, squandered most of it for supporting the pretense of dumbass, worthless middleaged women, and a tiny sliver on buying cheap food for poor people to turn out the vote.
mircea_popescu: so : argentina has many problems, economically, all of which reduce to "it's a country of 40mn useless douches, of which ~10 mn pretend to live like they saw in various imported tv shows, while the country is unfit to even export raw meat, so it lost those contracts and is now exporting soy"
mircea_popescu: what is this, socialism ? need ain't a consideration comrade.
mircea_popescu: i dunno why everyone acts like this 300 old bit of wisdom (in french) is novel.
mircea_popescu: tanks are only useful if not used. they're the police equivalent of nuclear weapons.
mircea_popescu: it's a fucking convention. the notion that you walk in and it's yours is neither falser nor truerer than the notion you say hi to a girl and she takes you to her place.
mircea_popescu: asciilifeform he has a point when he says this is common in europe. it is.
mircea_popescu: at any rate, the idea isn't to " attempts to prevent the foreclosure of people's homes". for one thing, you don't try, you do. for the other thing, you take every bit of real property the bank "owns" away from the bank.
mircea_popescu: alf would suspect this is deliberate. maybe it is. maybe they're just as dumb as a box of rocks.
mircea_popescu: punkman note the "concept squatting". they're specifically NOT doing the right thing.
mircea_popescu: mno. because once an OVP movement shows up, the company either does the hookup or gets burned down.
mircea_popescu: that would be revolutionary, and disrupting and whatnot : have a social media outlet where people can give themselves deeds for abandoned property, and everyone signs.
mircea_popescu: so bizarre that "the people" would want to "occupy wall street" instead of citizen deed themselves into any vacant property.
mircea_popescu: asciilifeform wikipedia's finally getting garbage collected ?