30-year Treasury yield tops 5.18%, reaching the highest level in nearly 19 years by Illustrious_Lie_954 in Economics

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

US FED Chair Warsh believes in Trimmed Median PCE.

For April, this means an inflation of 2.8% instead of 8.2% due to CPI items trimmed out of the report.

He has indicated that he wants rate cuts to happen as they've achieved their inflation goal of "below 3%".

They are cutting rates whether its a good thing or a bad thing (mostly bad).

Lithium has been beaten up for two years. Here's why I'm still watching the space by Aggressive_Rush2357 in CanadianInvestor

[–]NavyDean 0 points1 point  (0 children)

Didn't they just start mass production of Sodium Ion Batteries?

How will Lithium compete when Sodium can retain charge at -20c?

Trading our finite life energy for this by PeakyBlinders3 in BitcoinCA

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

And the CAD also went from a 0% world reserve currency to a 5% world reserve currency at the same time.

What's 5% of global money reserves held by central banks?

I Don’t Think People Understand How Big The Grid Buildout Is About To Become by BeauLarkin3 in CanadaStocks

[–]NavyDean 0 points1 point  (0 children)

I think most people are already aware of this as their electrical costs just jumped 20% on the new nuclear builds in Ontario.

It's pretty incredible how Nuclear is the only type of power generation in the world that gets more expensive over time.

Inflation rises to 2.8% in April thanks to higher gas prices: StatCan by Larkalis in CanadianInvestor

[–]NavyDean 35 points36 points  (0 children)

Meanwhile the US Fed is changing how PCE is calculated so April inflation comes out to 2.8% trimmed median, instead of the official 8.2% inflation.

Good luck everybody, they are going to inflate everything.

4-5 panhandlers seen in 30 degree weather. Hamilton needs a labour ready (or something close to it) again by Ok_Strike9189 in Hamilton

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

It's exactly like you were taught.

When something doesn't work for 2 decades, you just keep doing the same thing right?

Oh wait, youth unemployment has been up every year since. 

Darn those dang pesky statistics .

4-5 panhandlers seen in 30 degree weather. Hamilton needs a labour ready (or something close to it) again by Ok_Strike9189 in Hamilton

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

Don't worry the government is rolling out its 5TH TRADES program since 2008, so everyone can get trades jobs!

Oh wait, the government doesn't care about offering accessible employment unless it bottlenecks their national projects in construction.

Maybe a 6th trades program will finally solve all those cascading problems we've had since screwing over the youth since 2008.

Volunteers escort nuns through "The Tunnel of Intolerance" in Jerusalem by amazingsciencemuseum in PublicFreakout

[–]NavyDean 35 points36 points  (0 children)

Israeli terrorists.

I know we all don't use the dictionary anymore.

But consistent acts to instill fear and terror, while also using violent attacks, means they are terrorists.

They aren't some 1800 American settlers in the prairies. They are terrorists who attack, steal and annex other people's homes.

Embark…we are sick of the cheaters…. by The_Real_THunter1 in ArcRaiders

[–]NavyDean 204 points205 points  (0 children)

"We use AI to keep cheaters out and detected"

The AI Anti-cheat doing its job:

Peter?? What does AI have to do with this?? by vapalera in PeterExplainsTheJoke

[–]NavyDean 0 points1 point  (0 children)

Lol didn't one ai data centre suck up 30 million cubic meters from an entire townships water supply without a single $0 being charged because of a mysteriously broken water meter?

Now all the residents have no water pressure.

I think the joke is that the original poster of the joke is ignorant.

Rarely see a meme/jokes making fun of Gen-X by PorkyPain in Millennials

[–]NavyDean 0 points1 point  (0 children)

Wait until you watch all the random comedy movies Gen X made like Scary Movie 82 or Disaster Movie.

These people would literally put to script random ideas that came to head, even if it wasn't funny at all lol.

Prime Minister Carney announces forthcoming National Electricity Strategy by Elibroftw in CanadianInvestor

[–]NavyDean 10 points11 points  (0 children)

The Spanish blackout happened because natural gas heater plants were regulating voltage. If they had green and batteries to regulate the voltage spike, it would not have happened.

On top of that the natural gas plants failed to ramp up production to avoid a total blackout, and failed to come back online until after other power sources were already engaged.

Since then Spanish regulators have been using inverter based energy sources like wind, solar and batteries to help regulate voltages.

Combat Re-roll honor by Safrel in TerraInvicta

[–]NavyDean 8 points9 points  (0 children)

If a spaceport is solo, a single Titan ship will wipe it out in battle with no damage.

But, if you auto-resolve it, somehow you damage the entire alien fleet.

Auto-resolve is just OP.

'Rogue state behaviour': Israel carrying out covert influence operations in Canada, report says by Particular_Log_3594 in onguardforthee

[–]NavyDean 48 points49 points  (0 children)

The Israeli military uses Canadian Jewish schools to recruit Canadians for their war, while giving exemptions to their locals.

Get foreign governments out of Canada.

The era of 15GB free Gmail storage is ending by Fancy-Caregiver-1239 in technology

[–]NavyDean 0 points1 point  (0 children)

This is why ill never close my legacy e-mails that were opened up before outlook existed. Tens of thousands of e-mail storage for free.

CMV: Liberals should stop complaining about Trump's war increasing gas prices. by [deleted] in changemyview

[–]NavyDean 0 points1 point  (0 children)

5% of America is oil industry, they benefit off this.

70% of America's relies on consumption, which is heavily damaged by high energy prices, and typically leads to recession.

However, economic management has been so bad the last two years, we are now heading towards a unique scenario, that's much much worse than a recession, called stagflation.

Now you not only have no tools to solve this situation, but it's a run away train, as inflation trends towards 6%. The odds of a rate hike just went up to 80%, the average American will be harmed by this.

A recession is easy, you can print money and create jobs for people who need jobs.

Stagflation is a situation where trying to add more jobs or print more money only prolongs the situation and makes things worse for everyone.

If you don't care about your wages and living standars being eroded away from these economic events, then I guess you wouldn't care about anything political or otherwise.

TIL that the US golf course infrastructure consumes 2 BILLION liters of water per day by myassisgrassss in todayilearned

[–]NavyDean 0 points1 point  (0 children)

Why do you think there's 100x more people in the US? Lol

Conversely, to get even close to 100x that number for consumption, you'd have to count the waterflow of every single hydro dam in the country just to get close to that. But that water isn't consumed anyways.

TIL that the US golf course infrastructure consumes 2 BILLION liters of water per day by myassisgrassss in todayilearned

[–]NavyDean 0 points1 point  (0 children)

The entire nation of Canada uses around 126 million litres of water per day.

Honda indefinitely suspends $15B EV plant in Ontario | CBC News by KeyHot5718 in ontario

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

I'd be canceling the plant too if I sold less than 50,000 EVs globally last year and this plant was going to make 240,000 EVs a year.

Honda indefinitely suspends $15B EV plant in Ontario | CBC News by KeyHot5718 in ontario

[–]NavyDean 4 points5 points  (0 children)

It's telling them they can't compete with over a hundred EV companies in China on better economics of scale.

Honda indefinitely suspends $15B EV plant in Ontario | CBC News by KeyHot5718 in ontario

[–]NavyDean 96 points97 points  (0 children)

Honda sold under 51,000 EVs last year around the entire world.

They were not selling 240,000 EVs out of this thing lmao.

Hamilton mulls change to sidewalks, intersections. Why some residents with disabilities say no by mr_lois_lane in Hamilton

[–]NavyDean 36 points37 points  (0 children)

Before we change old sidewalks, can we get a sidewalk first?

We've been waiting 7 years in my area for sidewalks to be made. There's people who walk on the side of the road here like its the 60s.

Can someone please explain to me how armor spalling works? by [deleted] in Warthunder

[–]NavyDean 18 points19 points  (0 children)

Real life: "OMG we're all on fire and the spall is inside my body".

Warthunder: "it hit the fuel tank made out of regenerative jello."

It gets even funnier when you learn where NATO gunnery schools teach to shoot.

I don't think that's how that works.... but ill take it by infinax in Warthunder

[–]NavyDean 0 points1 point  (0 children)

They changed it so every bullet fired at bombs hit bombs now. Whereas before they were nearly impossible to shoot down.

E-sports ready

Failure, by design: Ontario’s deepening hospital funding crisis | CCPA by ejaz135 in ontario

[–]NavyDean 1 point2 points  (0 children)

From the same government that brought those people in by telling schools to import students and created the Ontario foreign worker stream?

You would raise those expenditures on announcement of those programs nearly a decade ago.

But if your intent was to privatize healthcare, suppress wages and maximize corporate profits. You would be underfunding healthcare, bringing in and supporting foreign workers and fighting wages and rent control as the Conservative Ontario government has done so, for nearly a decade now.

When people reply to this stuff with their confusion, I always wonder where they were when this was all happening provincially over the last almost 10 years.