dear interweb, a month ago i went to an ER. recognizably the hospital chain billed abt $8000, which after insurance adjustments became $1100. i paid. more than a month later, a random provider i’ve never heard of bills ~$1500, adjusted to ~$600 for the same ER visit. do i really have to pay this?
eventually he failed to prevent financing constraints from binding. it worked until it didn’t! there are others still upright on their surfboards.
if you can circumvent all margin limits and financing constraints, investing at very high beta despite negative alpha will eventually make you very rich. just don’t confuse a talent for generating hype to raise money and keep creditors at bay for industrial genius.
Jack Welch Thought is back! Looking forward to Meta becoming the new Boeing! ht @mariabustillos.bsky.social
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i feel like there should be shuffleboard then. is there shuffleboard?
Musk bought votes, or pretended to by misleading people that he was conducting a “lottery” only likely swing state Republican leaning voters could participate in. His behavior this election makes it clear he has no respect for electoral democracy. It’s a game he can pay to win.
for me the sine qua non of fascism is gaining support for potentially disagreeable actions by creating a sense of emergency about a class of people promoted as insidious enemy who must be confronted with determination and unity. drafts.interfluidity.com/2023/03/05/w...
maybe. i fear Trump stratifies the world by money, though, so Musk will be the influence he instinctually follows.
it’s a scary time. but the connections between Trump, when he talks about immigrants as vermin or poisoning the blood, or Musk when he gets into replacement theory, and fascism are undeniable. 1/
@zkat.tech "(or just a small shell script)" is my favorite parenthetical in a long while.
Trump started the policy shift against big tech they are so mad about! Biden (Kanter and Khan really just competently ran with his balls!) 1/
But Trump is transactional. They bought him off. Progressives actually believe their own line, once they were persuaded tech was a problem (antitrust, misinformation, plutocracy), they can’t be bought. 2/
For Trump its no problem to be against TikTok, then for it, against crypto, then for it, against Facebook, then for it, against Section 230, then, well, we’ll see. 3/
Musk and Yass bought Trump. It’s as simple as that. In 2016, Thiel became a prominent supporter, tech oligarchs shunned him. Now they’ve competed to bend the knee, to Trump and very explicitly to Musk. Bezos killed the WaPo Harris endorsement and talks up Musk’s supposed integrity. 4/
Musk has not only gone Trump, he’s gone Nazi. Andreeson too. Have tech oligarchs shunned him like they shunned Thiel in 2016? Can you name one? Is Apple pulling their ads from X again? 5/
one way to overcome deflation without going "welfarist" in the way Xi (misguidedly) fears would be to fix this, and finance decent public health care. healthy people who need money for food are the best workers! subsidizing high quality medical care for all would make a sizable economic stimulus!
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