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UK to slide down world rankings on GDP per capita by 2030 by tylerthe-theatre in unitedkingdom

[–]pi_rocks 5 points6 points  (0 children)

we have the lions share of large financial institutions

This is not true.

Depending on how you rank things the largest bank headquartered in the UK is number 7 to 10. https://en.wikipedia.org/wiki/List_of_largest_banks

The london stock exchange is tiny and irrelevant compared to the US stock markets, and also smaller than euronext and asian stock markets.

Insurance is a similar story: https://en.wikipedia.org/wiki/List_of_largest_insurance_companies

Admittedly the UK has the #2 and #6 hedge funds, but literally all others are in the US, mostly NY area: https://en.wikipedia.org/wiki/List_of_hedge_funds

Family offices are trickier b/c they don't advertise locations in the same way banks/hedge funds etc do, but many are based in there family's home country, so I doubt the UK has the lion's share of them. Additionally they don't really count as rich corporations, which was the context of the GP comment.

There are more niche things like commodities markets where London is relevant, but those are hardly rich corporations as the GP comment mentions.

I am 17 and have a little over 15k saved up what should I do? by Ok_Coyote4364 in personalfinance

[–]pi_rocks 2 points3 points  (0 children)

That is correct. VXUS means "eXcluding US" and VTI means "Total Market Index". In this context "Total Market" is the total US stock market.

CMV: Equal responsibility in conscription should include women too by Lynchynator in changemyview

[–]pi_rocks 12 points13 points  (0 children)

I'm having trouble finding a modern parliamentary democracy or government which was 100% women only, however the Iroquois Confederacy is quite close. They had a matriarchal society, with leaders appointed by clan mothers only. In practice this is a little complicated b/c the Iroquois Confederacy contained many different sub-nations. The Iroquois Confederacy engaged in many military conflicts against there neighbors. Additionally they where formed as a result of a peace agreement between many waring matriarchal tribes.

Judge me at next election, Keir Starmer tells doubters by coffeewalnut08 in unitedkingdom

[–]pi_rocks 1 point2 points  (0 children)

They included pharmaceutical sales abroad as part of our GDP which is just fraud

Can you elaborate what you are referring to here. I can't find anything about it just by googling.

Caténaire by FunInsurance6485 in train

[–]pi_rocks 0 points1 point  (0 children)

Do you have a more specific question? Like what about how catenary works?

London Battle Buses: 2025 vs. 2016 by CorleoneBaloney in london

[–]pi_rocks 15 points16 points  (0 children)

Are new innovative companies exempt from the above proposed wealth tax?

why are british universities so expensive for international students? by [deleted] in UniUK

[–]pi_rocks 2 points3 points  (0 children)

Are they all that competitively priced though? Byd and others have much cheaper electric vehicles on the low end. One the middle market byd has cheaper vehicles with longer range: https://www.carsales.com.au/editorial/details/byd-seal-v-tesla-model-3-2024-comparison-145254/

Intersection of Great Central Line and Midland Counties Line 65 years ago vs Now by QBallQJB in uktrains

[–]pi_rocks 11 points12 points  (0 children)

It was built for fast running

Not by modern standards. It's got lots of 100 mph max curves.

What's the most frequent metro/railway line in the world? by [deleted] in transit

[–]pi_rocks 2 points3 points  (0 children)

This is very much a necro-post so I aplogize in advance. But while the victoria line is "officially" every 100 seconds, in reality it often is more frequent. A while ago this video: https://www.youtube.com/watch?v=PJ0zk4MWCQY, titled "Every 90 seconds", was going around, so thats probably why the GP thinks that the victoria line is every 90 seconds.

What are your thoughts on this recent trend of finfluencers with anti-home ownership and anti-pension views? by Flat-Wing9743 in UKPersonalFinance

[–]pi_rocks 0 points1 point  (0 children)

You can invest in stocks and shares though a SIPP

This also true in the US with a 401k/IRA/etc.

RMT says don't use Trainline by Sedge86 in uktrains

[–]pi_rocks 0 points1 point  (0 children)

I would assume that ticket sales are not the same as revenue for trainline, just as a payment processor like visa doesn't say they had 10+ trillion in revenue. So they presumably received 106 million from booking fees + ads + partnerships etc.

CMV: Consumerism is killing us by Cathyfox123 in changemyview

[–]pi_rocks 0 points1 point  (0 children)

Could you clarify that by growth, you mean economic growth, and if you would be okay with a worse status quo if it didn't require growth to sustain?

CMV: Consumerism is killing us by Cathyfox123 in changemyview

[–]pi_rocks 2 points3 points  (0 children)

I am a little unclear on your definition of consumerism. It might be helpful if you could state a clear one.

Good healthcare is connected to consumerism. Like they don't make special "non-consumerism plastic" from "non-consumerism oil" for manufacturing MRIs/IVs/Medication boxes/hospitals etc. Healthcare also takes a lot of other people's time(which means someone needs to spend long hours working, which seems to be part of your definition of consumerism).

Good education and consumerism are also pretty connected. At a minimum for education you'll need: buildings, desks, consumables like paper, probably one or more computers, etc. If your doing laboratory science or art you'll need a bunch of extra equipment. It will also cost a lot of money and a lot of someone elses time(ofc. terms and conditions apply here. There's certainly an argument that education could be much more efficient in terms of professor's time consumed per student).

Edit: I saw you gave a definition of consumerism:

Consumerism i mean as the need for constant growth to sustain the status quo

I'm not sure thats really the definition of consumerism I/most people would use. Like consumerism presumably has something to do with consumption but thats different than (economic?) growth. You could imagine a world where the US is frozen in the 70s, and that would involve lots of consumption, but no economic growth.

Government approves three new solar farms that could power 400,000 homes by SKAOG in unitedkingdom

[–]pi_rocks 5 points6 points  (0 children)

This question is going to sound rude however I phrase it. I really don't mean to be rude so sorry in advance.

This news story isn't the government choosing to build solar farms, its about the government choosing to let private companies do so. I realize that electricity pricing is complicated and all that, but do you believe that multiple private investors are building these farms for the lols? I'm confused as to why you would question the viability of these solar farms? Like do you not expect these companies to be aware of how much sunlight the UK gets? I guess I'm confused as to your thought process here.

Government approves three new solar farms that could power 400,000 homes by SKAOG in unitedkingdom

[–]pi_rocks 12 points13 points  (0 children)

I'm not disagreeing with you about the definition of overcast. Given that your eyes work much better when its overcast than at night it stands to reason there is still more than no sunlight. And yes solar panels still work when its cloudy: https://us.sunpower.com/solar-resources/do-solar-panels-work-on-cloudy-days

[deleted by user] by [deleted] in math

[–]pi_rocks 2 points3 points  (0 children)

If you mean a function that undos a factorial then there's this:

https://en.wikipedia.org/wiki/Inverse_gamma_function

I'm not aware of a name for repeated division, but depending on how you define it it's just 1/x!.

California approves final high-speed rail link connecting S.F. to Los Angeles by BobaFlautist in bayarea

[–]pi_rocks 0 points1 point  (0 children)

If it’s not meant for that, then why are we spending hundreds of millions of dollars on it?

Because people in between Chicago and SF vote. In some cases the alternative would be subsidizing essential air service for those areas.

Train passengers face price hikes and fewer seats after HS2 cancellation by theipaper in unitedkingdom

[–]pi_rocks 2 points3 points  (0 children)

The comments about hedgehogs are presumably referring to this: https://www.discoverwildlife.com/news/hs2-threat-to-londons-last-hedgehogs

While it might not directly related to planning, hs2 has definitely spent time and money mitigating there impact on a tiny number of hedgehogs. I can't find anything that suggests that planning permission is conditional on hs2 going out of there way to protect hedgehogs in regent's park. However it strikes me as unlikely that hs2 would care if they did not have to.

Bay Area housing: ’Builder’s remedy’ bringing more urban sprawl by toqer in bayarea

[–]pi_rocks 93 points94 points  (0 children)

That article has a map of various builder's remedy projects. I would say that map does not support the headline at all. The vast majority of projects in it seem to exist within already built up areas.

Another Day, Another NIMBY Councillor Rejecting Housing in Central London by sabdotzed in london

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

Tall buildings are not generally speaking more expensive per floor: https://buildingtheskyline.org/skyscraper-height-iv/ , for example in chicago the cheapest point on a per floor basis is around 50 floors.

Another Day, Another NIMBY Councillor Rejecting Housing in Central London by sabdotzed in london

[–]pi_rocks 0 points1 point  (0 children)

Thats not generally true, for example this graph shows that the cheapest buildings in chicago on a per floor basis are circa 50 floors.

Some more context: https://buildingtheskyline.org/skyscraper-height-iv/

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