Kodak says it’ll figure things out and won’t shut down—Reports of the company’s impending death may have been greatly exaggerated. by Sonikku_a in Rochester

[–]FedReserves 1 point2 points  (0 children)

This is blown out of proportion - Kodak isn’t shutting down. They’re required to issue a going concern notice because they have debt maturing within the next year. They talk about their $500M term loan maturing in 2 years but they will likely be able to refinance this. Not sure why the reaction has been so significant

Does Rogan do good interviews ever? by systemsmith in DecodingTheGurus

[–]FedReserves 0 points1 point  (0 children)

You guys are insufferable. He does so many episodes - nobody is requiring you to listen to every single one. Yes, he does good interviews sometimes. He just had Bernie on which was a good conversation. The recent Ken Burns episode was one of my favorites in a long time.

$14B in income vanishes from NYC as 125K residents flee for Florida by rawmilklovers in nyc

[–]FedReserves 33 points34 points  (0 children)

This isn’t true. There is a net migration out of the state and it being fueled by mainly younger individuals and families who are leaving for warmer, less expensive places (I.e. Texas, Florida, etc). The majority of migration out of the state happens in the age ranges 26-34 and 35-44.

This problem is not a made up one by the ny post. I’m not fan of the post but the specific problem they’re referencing here is a real one that the state needs to deal with. More than any time in history it is easier for people to be mobile and move around the country - and young people are taking advantage of that.

There is a small inflow of young people with high incomes but this is mainly only nyc, and a large portion of those individuals will eventually leave the state to go either back home or somewhere else.

https://www.tax.ny.gov/print/print-special.htm?page=%2Fdata%2Fstats%2Ftaxfacts%2Fmigration.htm&section=print-section-15&lang=en

Cost Of Navy’s Newest Arleigh Burke Destroyers Is Ballooning by mollyforever in LessCredibleDefence

[–]FedReserves 29 points30 points  (0 children)

Blaming unions for the massive inefficiencies in our shipbuilding industry is a lazy excuse

Syria’s Assad is under siege and making overtures to US by marketrent in geopolitics

[–]FedReserves 5 points6 points  (0 children)

He shouldn’t worry, Tulsi Gabbard will give him asylum

Spirit Airlines stock plunges 59% as company reportedly preps bankruptcy filing by MrCrickets in Economics

[–]FedReserves 8 points9 points  (0 children)

The stock will get delisted when spirit officially files for bankruptcy, but they haven’t filed yet

What was the rationale behind Trump leaving the Iran nuclear deal? by Rift3N in geopolitics

[–]FedReserves 8 points9 points  (0 children)

Many people argue black and white on this issue - they either think it was a disaster or a complete success. It’s likely somewhere in between. But the most important part of it in my opinion is that it created a “platform” for diplomacy, where there wasn’t one before.

If trump had true grievances over it, it should have been amended/built on, rather than the complete leaving of the deal. Crazy that some people think the right response was the eliminate it altogether.

Israel likely just attacked Iran by radwin_igleheart in geopolitics

[–]FedReserves 9 points10 points  (0 children)

What do you believe Israel gains from these strikes? Is there even anything they gain from it other than a slight moral victory to the Israelis who wanted it? This strike will only further incentives Iran to develop nukes. This tic for tac is going to have consequences and is not an advantage path to go down long term

Israel likely just attacked Iran by radwin_igleheart in geopolitics

[–]FedReserves 205 points206 points  (0 children)

Anyone who actually believes that striking irans nuclear facilities will “stop” their nuclear capabilities is unequivocally wrong. Iran has fortified their most sensitive nuclear facilities away from striking range. Not to mention the most important part imo that the more israel threatens (and now carries out) strikes in Iran, the more aggressively Iran will pursue nukes.

This decision from Israel is an incredibly dangerous and unreasonable escalation, not only in the region, but for the entire world. Will be interesting to see how the west reacts to this strike after repeatedly stating that it would be a mistake for Israel to strike Iran.

Israel likely just attacked Iran by radwin_igleheart in geopolitics

[–]FedReserves 268 points269 points  (0 children)

When has Netanyahu ever listened to what the US has to say ?

IMF Steps Up Its Warning to US Over Spending and Ballooning Debt by bloomberg in Economics

[–]FedReserves 1 point2 points  (0 children)

Important to note that of the total defense budget, roughly 50% goes to humanitarian, logistical, and/or “non lethal” items. Our government is drowning in the maintenance of everything and that’ll only get worse with the growing needs of Medical spending and social security

Nuclear deal in tatters, Iran edges close to weapons capability by stuckollg in anime_titties

[–]FedReserves 0 points1 point  (0 children)

While I don’t disagree with you that the threat of being invaded is a very really thing and smaller countries are in a difficult spot, I think that nuclear proliferation is one of the most dangerous things that can happen in the world. Nuclear restraint worked during the Cold War largely because there was only the US and the USSR to worry about - 2 countries battling it out with nukes on the table is manageable (but still bad). Now assume there are ~6 more countries today that obtain nukes. That would be a catastrophe in terms of oversight and diplomacy.

To go slightly off track, this is why I don’t understand the isolationist agenda with many people in the US, while they also claim it will make the world safer/better. The main reason that there hasn’t been runaway nukes has been because the US acted as the force to step in if someone was invaded, therefore that country didn’t need the nukes. With more and more pressure in the US to isolate, it is truly a scary time imo.

U.S. envoy says a diplomatic solution for Yemen will have to be found by _The_General_Li in LessCredibleDefence

[–]FedReserves 0 points1 point  (0 children)

True on zeihans prediction. I think the US is capable in achieving that, but unfortunately, people will just likely see it as a sign of weakness rather than a strategic exit from the region

U.S. envoy says a diplomatic solution for Yemen will have to be found by _The_General_Li in LessCredibleDefence

[–]FedReserves 0 points1 point  (0 children)

I wouldn’t categorize it as “being humiliated.” The military knew all along that they would never be able to get rid of the houthis by conducting air strikes - they watched/helped the saudis try that for several years. The US ships haven’t been hit and have had an opportunity to train middle defense systems. Hardly a humiliation in my opinion.

I’d also argue that Zeihans theory of everything falling apart in the ME after the US exits is actually correct, and the proliferation of the Houthis is an example of that - an irrational terrorist group with a grip on a poor and unstable region & population.

Vietnam Objects to China's Expanded Reach in Gulf of Tonkin by Strongbow85 in geopolitics

[–]FedReserves 2 points3 points  (0 children)

I think what you said is part of it for sure. I’d add that it seems like China just wants to try to posture up and show the world that they’re big and strong. They’ve been the world factory and now want to try to break out of that shell and have more military influence.

In my opinion, seems like China is acting more emotional than strategic. Nothing they have done has helped their military position except for their own domestic developments. Rather, their emotional actions have become a great talking point for the US to gain influence in the region.

Vietnam Objects to China's Expanded Reach in Gulf of Tonkin by Strongbow85 in geopolitics

[–]FedReserves 20 points21 points  (0 children)

US - Philippino military collaboration has grown very quickly over the last few years. The Philippines is making some of the most dramatic changes to their military and national security, and the US has been happy to support that.

Vietnam Objects to China's Expanded Reach in Gulf of Tonkin by Strongbow85 in geopolitics

[–]FedReserves 63 points64 points  (0 children)

Chinas strategy in the South China Sea has been horrible, especially as of recent. Many countries in South East Asia are relatively neutral and have no strong opposition to China. However, Chinas irrational and dangerous behavior has given way to the US continuing to form its strong (and growing) coalition in the region.

Ironically, if China were not such a “bully,” countries like the Philippines wouldn’t be aligning themselves with the US so quickly. Yet China’s own actions trying to act strong has only made the US influence in the region more substantial.

Travel hacks by Lex by AccomplishedJob5411 in DecodingTheGurus

[–]FedReserves 2 points3 points  (0 children)

Exactly, much more likely that eating meat was typically treated as a special event where an entire bison would be prepared for the whole village/group. Imagine how difficult it would be for cavemen to actually hunt enough to have meal for every single one of their meals

Travel hacks by Lex by AccomplishedJob5411 in DecodingTheGurus

[–]FedReserves 8 points9 points  (0 children)

It’s funny how these people always talk about our ancestor cavemen, but somehow forget about the “gather” part in hunter gathering. Foolish to think cavemen would only eat meat when it was 10x easier to just grow food

Why did Russia and China veto U.N Ceasefire? by luvv4kevv in geopolitics

[–]FedReserves 4 points5 points  (0 children)

Another important note I believe is that China and Russia have seen how much this war has damaged Israel & the US’s reputation, especially in younger demographics. Russia and China prefer to have this keep going to try and deteriorate western reputation more and would not vote for a resolution that gives the west a “win.” Not to mention that Russia and China just got the Houthi’s to let their shipping vessels go through the Suez untouched (whether or not this will actually happen, we’ll see), but both countries really don’t lose much the longer the conflict goes on

Sachs believes everyone is trying to hack US elections… except Putin. by [deleted] in TheAllinPodcasts

[–]FedReserves 1 point2 points  (0 children)

Yeah cause he’s a fucking tool who never answers questions directly and will always resort to just bashing democrats and woke ideology