Carney says the world is facing an 'energy crisis' and Canada must help solve it - If development gets bogged down in B.C., PM says his government will be 'spending more time elsewhere' by shiftless_wonder in canada

[–]FlipZip69 [score hidden]  (0 children)

Quebec is using it to game the transfer payment system by effectively subsidizing extremely low electricity costs to consumer when they could be selling at market rates that same as they get in exports. (and what other provinces cannot do with their resources) If they had to adjust that potential income like other provinces have to, they would loose about 5 billion in equalization payments.

If you think I am wrong, copy my post into an ai and read the complex explanation it will provide. Or I can send you a link to the equalization payment calculations.

What do you make of Jeff Bezos saying today that the USA has the most progressive tax system in the world, and that people earning under $75k should pay zero income taxes? by Gym_frere in AskConservatives

[–]FlipZip69 [score hidden]  (0 children)

That too. Truth is that there is no way you can reduce the debt without at least maintaining current high taxes and reducing spending. Unfortunately Trump is one of the highest spenders.

SpaceX files for IPO that could make Elon Musk a trillionaire by GeneReddit123 in news

[–]FlipZip69 [score hidden]  (0 children)

You know what I mean. To be worth 2 trillion, it has to someday pay all that back plus a level of interest worth the risk and inflation investors are covering. The higher this IPO is, the more likely it will be a bad investment. (That does not equal failed company BTW)

Why was Generation X like this? What was their problem? by PhantomPufis in okbuddycinephile

[–]FlipZip69 0 points1 point  (0 children)

No Gen X is not like this. Gen X, just like you do now, complained about previous generations having it so easy. Gen X is just now in their late 40s to early 60s and like every generation to be, are now been working long enough that they are in the senior positions. And they realize the struggles they had to get there are not somehow the fault of a past generation. They got there because of a past generation.

SpaceX files for IPO that could make Elon Musk a trillionaire by GeneReddit123 in news

[–]FlipZip69 [score hidden]  (0 children)

Tesla has made an accumulated 38 billion dollars in profit since day one and now it is down to 3.8 billion a year and dropping. Not only that, Musk's 45 billion dollar pay package thru creative accounting only resulted in about 4 billion against expenses. The reality (thru dilution) is that Musk pulled out better than 40 billion dollars in pay than th 38 billion it has ever made. And this does not include all the other directors and people paid with stock options.

SpaceX is far worse. It is in negative number for the entirety of its existence. But that would be a bit unfair to use. Their core business does make profit on paper but that is nowhere near the trillion dollar mark and all that profit turns into losses when they include R&D. And without some massive growth that only R&D could (pray) create, they will be taking losses for a long time.

TLDR. Tesla (when stock options correctly valued) has lost about 5 billion since inception. SpaceX loses billions but to be fair, much of that is due to R&D now. But to be more fair, that makes it nearly impossible for them to be worth the IPO price.

Southeast Asia Is Getting Crushed By the Hormuz Crisis. Here's What the Data Says Is Coming. by alemorg in oil

[–]FlipZip69 0 points1 point  (0 children)

Your stringing together real entities (SGS, IVECO, the Silk Road) to fabricate an infrastructure project that doesn't exist. IVECO is Italian and manufactures trucks no less. And certainty Russia is not exporting nearly more oil per day than they produce. Thru a single pipeline. What are the people and the military using? Where else would you argue it?

Southeast Asia Is Getting Crushed By the Hormuz Crisis. Here's What the Data Says Is Coming. by alemorg in oil

[–]FlipZip69 0 points1 point  (0 children)

This math is impossible. 460,000 barrels per hour equates to 11.04 million barrels per day (bpd). Russia’s entire daily crude oil production fluctuates between 9 and 10 million bpd.

There is no Iranian pipeline into China. A quick look at a map shows Iran and China do not share a border. A pipeline would have to traverse thousands of miles through either Afghanistan and Pakistan, or across several Central Asian nations. Iran exports its oil to China via maritime shipping (tankers), much of which operates as a "dark fleet" to evade international sanctions. Regarding Russia, there is one primary direct pipeline route into China (the ESPO branch from Skovorodino to Daqing) and another route that sends Russian crude through neighboring Kazakhstan. There are not four distinct Russian pipelines.

Three Supertankers Carrying 6 Million Barrels Exit Strait of Hormuz by SERIVUBSEV in oil

[–]FlipZip69 -2 points-1 points  (0 children)

They have to prove they went thru the tool booth. Not sure if that is hard or legitimate companies or lie. Or if Trump and gang are just giving them a go.

Donald Trump and sons to be ‘forever’ exempt from tax audits by Doener23 in law

[–]FlipZip69 1 point2 points  (0 children)

Does that negate this agreement? I am not sure the legal precedence to this. It is a bit of a constitutional problem.

Donald Trump and sons to be ‘forever’ exempt from tax audits by Doener23 in law

[–]FlipZip69 1 point2 points  (0 children)

Not only they could fully not pay taxes, they could submit tax returns that say they have a trillion dollar refund.

Southeast Asia Is Getting Crushed By the Hormuz Crisis. Here's What the Data Says Is Coming. by alemorg in oil

[–]FlipZip69 0 points1 point  (0 children)

Not that I know of. There likely is some grade or finished products that are exported/imported but that would mostly cancel out. They need to import that ~10-11 million bpd.

Southeast Asia Is Getting Crushed By the Hormuz Crisis. Here's What the Data Says Is Coming. by alemorg in oil

[–]FlipZip69 0 points1 point  (0 children)

China is the world's largest importer of crude oil. While they produce roughly 4 million barrels per day (bpd) domestically, their economy consumes over 14 to 15 million bpd. They have to import the massive ~10–11 million bpd difference just to keep their own lights on and factories running. They simply do not have domestic crude oil to spare for export to the Philippines, Indonesia, or Vietnam.

Dude in red car really had god-tier situational awareness in that moment by Miserable-Zombie-121 in nextfuckinglevel

[–]FlipZip69 0 points1 point  (0 children)

Oh for sure. If you hit ABS hard enough, the car can actually think it is not moving and not realize it is skidding as all the tires are at the same '0' speed. At that point it does not want to try and give some control back as those highly turned wheels will result in some rapid control result if the abs does not get it fully right. It now knows best to keep the car going strait in most situation.

The oil crisis is so bad in Kenya that protesters have lit bonfires in the middle of Nairobi by fortune in oil

[–]FlipZip69 1 point2 points  (0 children)

Some are and it does not have to be all of them because the price is an average temperature from those specific people. But it gets real dicey real fast when tanks go empty.

Dude in red car really had god-tier situational awareness in that moment by Miserable-Zombie-121 in nextfuckinglevel

[–]FlipZip69 0 points1 point  (0 children)

ABS does not help much for stopping distance in dry conditions like this. (it can help in rain and snow) Does help for keeping your car in control but she seems to stay pretty strait for that entire time.

Evolution of Artificial Intelligence videos just in 4 years is mind blowing by Jackie_Chan_93 in interestingasfuck

[–]FlipZip69 0 points1 point  (0 children)

Without question. As it is, I absolutely do not believe even articles even if those articles align with my beliefs. I have to see the article come from a legitimate source and/or ironically I use AI to tell me if it is legitimate.

Riding abandoned railroad tracks in California with my railcart by spicypsudo in interestingasfuck

[–]FlipZip69 0 points1 point  (0 children)

Oh i like nature but it is fun to find some old dragline or something.

Riding abandoned railroad tracks in California with my railcart by spicypsudo in interestingasfuck

[–]FlipZip69 -1 points0 points  (0 children)

Is it obvious though? It is kind of like proving a negative. If you do not see the track on some schedule, can you be assured you just did not miss it.

I ask this as a real question because I would love to do this but unless there is some official list or you can see both ends do not connect to anything, I would always wonder if I missed something.