bernoulli_defect
@BernoulliDefect
the only guy that can code in the most boring department at the biggest financial institution you’ve never heard of. alt @granular_flaws
Thinking of doing a house share in London, somewhere fairly yuppie within bike distance to the city. Dm me if interested.
Given that would-be criminals are on their phones watching loudspeaker TikToks in a trancelike state ~8 hours a day, the crime rate per conscious moment has skyrocketed
Fun fact: the £500,000 donation that started the fund in 1928 would have grown to £14.5B if it was invested in the S&P500 due to faster growth of equities and relative sterling devaluation ($4.87:£1 in 1928, $1.35:£1 now) Could’ve cancelled 0.52% of debt 😓
Rachel Reeves just liquidated a £586m fund set up by naive patriots in the 1920s to pay off 0.02% of the national debt
Something to note is that, although the UK gov budget is massive, there’s very little flex in it. Once the economically & politically necessary things are paid for (education for future workers, transport and roads that enable commerce, medical care for the sick, money for local…
The asylum spend on this one hotel is £11m per *year* Compare to the Stretford mall regeneration which will redevelop an ugly 27 acre space and deliver - 800 new homes - 140,000 sqft of commercial space - entirely new streets Enabled via £17.6m of funding. Decline is a choice
This is an absurd and depressing story. Must read.
On Thursday night, we heard that government was making big concessions on its planning bill, putting lots more controls on its nature recovery plans. I find this disappointing. And to explain why, I have to tell a story I’ve been holding off from sharing.
Econ commenters should note that the UK fertility crisis is not as important as the productivity slowdown. HMG should reconsider using political capital and legitimacy solving the slow burn problem of population loss while a much worse one (the UK becoming poor) festers. Let’s…
Seeing a lot of debunks at the votes at 16 policy pointing out the older age to drink alcohol, buy cigarettes, drop out of school, etc. Government law can be contradictory and hypocrisy isn’t a gotcha. Politics is not a fairness and logic machine.
While I enjoy places like this, I value my flat’s: - Thick concrete walls when below has a late party - Well sealed windows when next door cooks foul smelling offal on Sundays - Front door being 3 stories up during our street’s Halloween youth fight (complete with fireworks)
Medieval towns often had narrow pedestrian alleys branching off the main streets. Today they are often very charming places, a reminder of the possibilities of low-rise urban density. This example in Tewkesbury is the site of Britain's oldest surviving Baptist chapel.
I wonder how much of millennial UMC socialism is down to relaxed norms over pay transparency & higher income variability in the 90th percentile and up Not unusual to have a peer group where some are on 2x or 3x more than others
