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Comment Re:In related news (Score 3, Insightful) 175

Yep, all their best people will jump ship to other companies that will let them work fully remote. Apple, Google, Tesla, and all the other companies that are demanding their people work 100% in the office just don't seem to get that working remote has become another benefit like health insurance and stock options. Just think about the fate of a company that does not offer health benefits to it people. Steve Jobs dies and everyone at Apple forgets how to think. I give it a years before Apple is suffering from serious brain drain and reverses course.

Comment Re:..which is why they want to invade/occupy Taiwa (Score 1) 123

Taiwan is a technological powerhouse China wants to posess. They're willing (on paper, anyway) to start World War 3 over it.

Yes, China would like to get hold of Taiwan and it's technological manufacturing capacity but you have to know that if it looks like China is about to land troops on Taiwan that most, if not all, of the people who have the education and experience of running these companies will flee to America, South Korea, etc. Having possession of a semiconductor fab is one thing but unless you have the personal capable of running the fab you just have a building and a bunch of machines. The CCP can make all the noise it wants about Taiwan it wants but I'm sure that a fair number of people in the CCP have made the same point. Sorry, guys that ship has sailed.
 

Comment Re:It's crazy that nobody but Gavin Newsom (Score 1) 141

The American Southwest has been on a collision course to this drought for decades. There is an excellent book about this called "Cadillac Desert" by Marc Reisner. First published in 1986, was a PBS special in 1996 it traces the history of water policy in the Southwest. The root cause of the problem is that all water allocation in the Southwest is based on a single number, the flow volume of the Colorado river at Lee's Ferry, AZ. The problem is the Bureau of Reclamation assumed that this number was the average flow when in fact the measurement was taken in what is now know to be an usually wet period in history. The Southwest has a long history of multi-year droughts going back thousands of years including multi-decade long droughts.

Yelling 'Build more dams" is not going to help. The Bureau of Reclamation has been building dams in the West for almost 100 years. All the locations where it makes economic, geological and geographical sense to build a dam already have a dam there. More dams will not solve the problem if the outflow of water to support the population is grater than the inflow of water the upstream river can provide. The simple fact is that the current population of the Southwest has exceeded the carrying capacity of the region. Building pipeline to move water from the Columbia or Mississippi rivers or the Great Lakes is just not going to happen.

Comment Re:Another lazy story (Score 1) 154

Why should anyone care what happens to them at all ?

The reason some people in America should care about Evergrande defaulting on it debt is some of that debt is probability held by American firms, ie. they lost money. How much ? No idea but that number is greater than zero. The average American will not notice unless their 401(k) has money in one of the firms that is holding Evergrande debt. The biggest danger is Wall St. freaking out, the market drops, and the taking heads start yammering on and on about the drop on Wall St. Personally, I think that anyone stupid enough to put money into the ponzi scheme that is the Chinese real estate market is getting what they deserve.

Comment Will not change a thing. (Score 1) 149

Just like that shitty Chinese restaurant in town that changes its name every couple of years, it will not mean anything. New name same greasy, bland and nasty food served by the same rude waiters. Zuckerberg is not fooling anyone except maybe the fools on the board.

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