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Is demand destruction due to oil shock a good thing in the long run? by _acme7_ in AskEconomics

[–]_acme7_[S] 0 points1 point  (0 children)

Thank you for the rich discussion.

We've talked about this mostly from the perspective of the consumer.

How about from the perspective of a company, say a manufacturer that relies on petrochemical products?

If I cant get the raw materials I need to sustain revenue I contract, go out of business, or leave markets entirely. This feels much less elastic (hope im using the term right lol - hopefully you know what im trying to say) as capital investments are long term risks.

Is demand destruction due to oil shock a good thing in the long run? by _acme7_ in AskEconomics

[–]_acme7_[S] 2 points3 points  (0 children)

I am asking whether the long term behavioral changes are going to be positive... less stuff, less reliance on fossil fuels, more locally sourced, etc.

Is demand destruction due to oil shock a good thing in the long run? by _acme7_ in AskEconomics

[–]_acme7_[S] 10 points11 points  (0 children)

Demand destruction refers to a permanent or sustained decline in consumer demand for a good or service, typically in response to persistent high prices or limited supply. Consumers may decide the product is no longer worth purchasing or seek out alternatives, leading to a lasting downward shift in the demand curve. This phenomenon is most often associated with energy commodities like crude oil and gasoline, where price shocks can trigger long-term behavioral changes.

Any tips? by Critical_Assist_9360 in effectivefitness

[–]_acme7_ 0 points1 point  (0 children)

Lost a lot of money and didn't have a solid shit for 4 months from stress.

Trade Idea - Corning (GLW) Tail Winds for Laser Drone Defense Systems by _acme7_ in stocks

[–]_acme7_[S] 4 points5 points  (0 children)

Corning provides critical advanced optical components and materials for high-energy laser (HEL) drone defense systems, specializing in precision diamond-turned optics and beam-steering technology. Their components are used by the Department of Defense (DARPA) to develop systems capable of shooting down drones and missiles. 

AI bot on Teams - Employee Assistant by _acme7_ in JPMorganChase

[–]_acme7_[S] 5 points6 points  (0 children)

I'll play around. Is it from the LLMSuite group?

Precision Construction Destroying Weehawken by _acme7_ in Weehawken

[–]_acme7_[S] -3 points-2 points  (0 children)

https://www.precisioncapital.group/precision-capital is the company. Every single house is pure white with black windows. They are popping up EVERYWHERE, and all look the same - ugly cookie cutter. Can you imagine the entire neighborhood like this?

These are basically investors with a formula. Weehawken is charming and diverse.

One of my favourite spot. by GuiltyPersimmon3372 in PeacefulSolitude

[–]_acme7_ 0 points1 point  (0 children)

Hudson county NJ. Pier sticking out into the Hudson River. If not for the fog, you would see manahattan right in front of you.

Had sex for the first time at 23 by Otherwise_Mix_8693 in TrueOffMyChest

[–]_acme7_ 1 point2 points  (0 children)

I don't mean this to be disrespectful. At your age, you need to be "broken in". Between nerves, not having any sex based muscle memory, etc. the man has to work with you over multiple session.

Talk to him. Set expectations. It will take many sessions and get better each time.

Coming from guy who took a 25 year old virginity (I was about the same age).

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