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SatanicNotMessianic @ SatanicNotMessianic @lemmy.ml
Posts
4
Comments
930
Joined
2 yr. ago

  • I’m afraid I can only give half marks for this one because that’s technically a molecular biology joke, not a chemistry joke. As a biologist, I’m very sympathetic. It’s just that DNA helicase isn’t going to be covered in the coursework of chemistry, much less in a freshman chemistry book.

    On the other hand, a tasteful pun about bondage would have received full marks.

  • Probably not very much.

    1. Unless I’m mistaken this is a Chinese company trading on the Chinese market. Unless someone was specifically looking to be in the Chinese real estate market (which was very hot about a decade ago iirc), they wouldn’t have a lot of exposure. I think the Chinese market has been in the shitter recently, so I’m not sure who’s holding them right now
    2. Retirement funds (pension funds and 401k target date funds, which is where most of the money is these days I believe) skew very conservatively. They spread their money across markets (so like 5% tech, 8% utilities, 7% municipal bonds, whatever). They might have a chunk in a bucket of “foreign” markets, but even those would be spread across multiple industries. I’d be surprised if any of those funds had more than a fraction of a percent in a single company like this.
    3. Target date funds get their name from the fact that they’re investing with the expectation that you’ll retire at 65, and the closer that date gets, the more conservative the investments become. People who are retiring soon will have even less exposure to this, and people who are retiring in 20 years will never know this happened.

    The real question is whether there’s going to be a ripple effect but it’s not looking like that yet.

  • TiVo was an early digital video recorder that dominated the market for a while. Broadcasters brought lawsuits against the company saying the recording of videos was violating copyright laws, and advertisers hated it because you could skip commercials. TiVo argued in court that they weren’t pirating, but just time shifting the content. Similar arguments were used for people who ripped rented dvds and so on.

  • That was exactly my thought. I’m in the tech industry, and so we work with a high percentage of people on visas and such. A lot of people want to come to the US because of the advantages in salary and exchange rates, but will then move back home after making their nest egg. I’m told you could retire in comfort in India with $1M USD. Combine that with returning to family and culture, and I think that even if this statistic applies only to people with what were long term immigration plans, it seems an entirely reasonable number.

  • This is just the latest change in which an invention changes the nature of warfare. You saw it happen with crossbows, which allowed unskilled troops to shoot people far away, gunpowder weapons, which negated armor and castles, rifles, which removed much of the need for long lines of troops using volley fire, the machine gun, which made an infantry charge much less effective, air power, which changed the nature of naval warfare, and more than I care to list.

    The problem is for the very impactful changes, you have two generations of military leadership who have learned tactics and strategy based around technologies that are becoming rapidly outmoded. WWI shocked people with the level of slaughter seen.

    It’s easier to adapt to using a new weapons system than it is to figure out how to respond to it, because the uses were defined as the system was being developed and just need the actual applications to be refined and optimized, while the responders have a much larger search space.

    I’ll always be the first to come down on the crappiness of the Russian military - I could go on for pages about what they do wrong - but to some extent this is something all armies are vulnerable to. Look how long it took for the US to adapt to IEDs, for example.