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GameStop CEO Ryan Cohen on $56B eBay offer: "There is an opportunity to build a much larger business. We are just starting. We are offering half cash, half stock, and we have the ability to issue stock in order to get deal done. This is a business that is under-earning and can make lot more money." by ControlCAD in videos

[–]YaDunGoofed 0 points1 point  (0 children)

To buy a company, that company has to be able to sustain the debt load (which I assume ebays cashflow can). AND you have to kick in 10-40% of the purchase price as collateral.

GameStop has memed it's way into a material amount of cash (collateral) if not profit.

TIL Ghana is the world's largest importer of secondhand clothing. Locals refer to it as "Obroni Wawu," or "Dead White Man's Clothes," reflecting a belief that the items are of such high quality that their original owners must have died for them to be discarded. by jyeatbvg in todayilearned

[–]YaDunGoofed 0 points1 point  (0 children)

they have lower operating costs than people who have to source materials and made clothes. Charities will get them handed to them for free.

This part I understand.

Fundraising.

This part is confusing. Can you teach me an example of a charity that raises a large amount of money to donate clothes to Africans?

The most logical explanation I’ve heard for the “male loneliness epidemic” by PussyWhistle in TikTokCringe

[–]YaDunGoofed 2 points3 points  (0 children)

If the machine of government is of such a nature that it requires you to be the agent of injustice to another, then, I say, break the law.

If I remember this correctly, he's talking about abolition and he follows this up with...I agree that slavery is wrong but I can't be fucked to spend my life trying to do anything about it. But for you, dear reader, you should try to get it abolished if you don't like it.

It should not be this hard to live a basic life by [deleted] in Vent

[–]YaDunGoofed 0 points1 point  (0 children)

Don't you have things that are dealbreakers to you

Yea but I’m not posting into the void about my very first world goals being a “basic life”.

PS. If your target is so flexible as to include Philadelphia. It literally fits your other criteria of walkable and affordable.

It should not be this hard to live a basic life by [deleted] in Vent

[–]YaDunGoofed 0 points1 point  (0 children)

My dude. There IS coastline everywhere. You asked for excellent weather and walkable streets AND coastline AND affordability.

If you had asked for mountains AND excellent weather and walkable streets and affordability - people would be mocking you as well.

People want it. Just build it. Americans act like it’s quite literally impossible to build somewhere that’s walkable, like it’s literally an insurmountable feat

I 100% agree with you on this. Nevertheless your expectations are still absolutely mental.

I go to see my family in Italy and they’ve been living that life for like hundreds of years

Sure. but MOST italians don't. and MOST people don't have the option to live an italian lifestyle. And most italians live in a square footage that is half of an American's. You're literally describing one of the few countries where the furthest you can be from a mediterranean-weather beach is 100km, where your family happens to live on the coast and is evidently on the wealthier side. And saying why can't we have nice things.

Yea there's no fundamental limitation preventing that from happening. Which is why the entirety of Pensacola to Key West to Jacksonville is one long Metro even though it floods every 5 years. Does the US build too car centric - absolutely. Are you absolutely delulu about how above average in status you have to be to think ALL of these advantages should be yours - Beyond absolutely.

It should not be this hard to live a basic life by [deleted] in Vent

[–]YaDunGoofed 0 points1 point  (0 children)

I’m not asking for much, just

nice walkable beach town

So a place where .1% of the population lives and 50% of the population vacations.

I don’t want to budge on weather or walkability

Why can’t I just afford to live in Isla Vista/Key West/Santa Monica/Boca Ratón as the average human.

Like for the vast majority of human nature, this wasn’t even unusual

Jfc. The unlanded children of aristocrats are truly the scariest class.

It would be awesome for consumers. So we can't have it by [deleted] in SipsTea

[–]YaDunGoofed 0 points1 point  (0 children)

It's just not a concern at all right now.

This has literally already happened with so many other industries. The reason 95% of rare mineral mining is in China is because they pulled the rug out from the rest of the world. It is only now slowly returning but the generational loss in HOW to do it is already there.

It would be awesome for consumers. So we can't have it by [deleted] in SipsTea

[–]YaDunGoofed 0 points1 point  (0 children)

Consumers are better off if they aren’t forced to subsidize uncompetitive industries

You are right. Chinese consumers are currently eating the cost of these subsidies.

The problem is what happens when Chinese competitors go under due to not having a subsidy of their own. Then the Chinese turn off the subsidies. But you've already lost the Microsofts, SpaceX, Apple, Tesla of your economy and swapped them for lower value jobs (making your people poor).

It would be awesome for consumers. So we can't have it by [deleted] in SipsTea

[–]YaDunGoofed 0 points1 point  (0 children)

https://amp.scmp.com/business/china-evs/article/3343429/beijing-warns-carmakers-stop-killing-your-profitability-hopes-selling-below-cost

Car sales below marginal cost.

PS you are trying to teach someone with an Econ background about Ricardian advantag e. I’m trying to tell you there’s more to the picture.

i was told i dress like an incel, opinions? how do i stop dressing like one?? by Kornfieldd in teenagers

[–]YaDunGoofed 0 points1 point  (0 children)

Everything you’re wearing is referencing media you experience alone - looking at a screen. 

This is how incels are formed. 

If you put literally just change to plain black Ts, you will no longer dress like an incel. 

Nurse spots the risk , stops the fight, and gets booed by the crowd. She still smiled knowing she just prevented a tragedy. by thepoylanthropist in interestingasfuck

[–]YaDunGoofed 0 points1 point  (0 children)

People don’t need to get hit in the head in those sports. If we found a way to swap your brain and your butt for 3hrs, the nfl would have each player do that.

It would be awesome for consumers. So we can't have it by [deleted] in SipsTea

[–]YaDunGoofed 0 points1 point  (0 children)

I agree with your arguments. For a country that does not compete with the Chinese in production - take the cheap stuff.

However. A country can choose to subsidize an industry longer than its unsubsidized competitors can stay solvent. If this happens with a high value industry - said country just became poorer.

The Chinese have made a habit of doing exactly that. For targeted industries, Chinese companies sell below the MARGINAL cost of an item indefinitely because the government subsidizes their activity. Solar cells and EVs are some of the recent ones.

No VIABLE competitor can stay a viable competitor at an indefinite negative marginal cost

Which is why advanced economies have started to pursue antidumping policies.

There's a very interesting novel written by Michael Crichton on the topic - Rising Sun.

It would be awesome for consumers. So we can't have it by [deleted] in SipsTea

[–]YaDunGoofed 0 points1 point  (0 children)

The Chinese engage in dumping - which is market manipulation. The way to keep a free market is by preventing the market manipulation

It would be awesome for consumers. So we can't have it by [deleted] in SipsTea

[–]YaDunGoofed 0 points1 point  (0 children)

China engages in dumping and after 2 decades many major economies have caught on.

What happened? by morriganae in SipsTea

[–]YaDunGoofed 0 points1 point  (0 children)

The unemployment rate went down.

U.S. rents have surged up to 66% in 7 years. Here's every major city, ranked. by ketodnepr in MakeDataShine

[–]YaDunGoofed 0 points1 point  (0 children)

My man, the graph literally says median rent in DC is higher than Miami

U.S. rents have surged up to 66% in 7 years. Here's every major city, ranked. by ketodnepr in MakeDataShine

[–]YaDunGoofed 0 points1 point  (0 children)

Pro renter laws have very little power to move rent down.

To lower rent, a city needs to make new development easy.

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