If it was a reasonable balance of risk and payback, then they could get a private loan like everybody else.

Why should he stop exactly explaining the situation?

Lenders take on the risk of a default, and when the government lends money, the risk is socialized.

The loan is being made to a private, for-profit corporation, who will be able to keep any profits generated by this scheme (however unlikely that may be).

Whatever activity the loan is for is irrelevant, whether it's for cranking up a crusty old nuclear power plant, or for bailing out a Wall Street firm during a market panic.

Longer than most think.

You load sixteen tons, what do you get?
Another day older and deeper in debt
Saint Peter, don't you call me, 'cause I can't go
I owe my soul to the company store

-Sixteen Tons, Tennessee Ernie Ford

"Harvard is a hedge fund with classrooms" - Scott Galloway

The last great recession was due to precisely this sort of spending pattern plus a collapse in payment. Banks may be healthy, for now, but they can't keep lending forever with no recover. This is not a good sign.

It's not just in Britain. All across the West, there's a shortage of native-born doctors. The expense and hassle of getting an MD is bad enough. Then you also have the modern stresses of being an MD (which in America, includes a highly litigious culture where doctors have to get maddeningly expensive malpractice insurance). The workload is huge, and the money is only good for the hyper-specialists now. The home-grown family doctor is an endangered species in the US, and we're addressing it in two ways: handing doctor duties to those lower on the chain, and importing doctors from the third world. Every single new doctor at my not-large Southern US hospital in the past three years has come from 3 places: India, Pakistan, or East Africa. This of course, robs those areas of badly needed doctors. And it doesn't really matter if your system is private or nationalized. Look at the ranks of doctors that staff your local services. You'll see similarities everywhere in the West: there's fewer of them, and they tend to come from overseas.

The best schools always included a mix of techniques in teaching. You had "drill 'till it kills" in math, THEN you had logic and reasoning exercises. You had memorization of names and dates, THEN you had deep discussions of historical events. A good education includes both rote and discussion, and always has.

Oh FFS. There are lots of knowledge that isn't "practical" yet is valuable to our culture. You people piss and moan about children not being properly educated, but when someone suggests that things like cursive writing and other finer points of civilization should continue to be taught, you scoff with bullshit like this.

My mother's generation had mandatory classes in Latin during high school in the early 1960's. As a culture, we're the poorer for having dropped those kinds of requirements. There's a reason the finer schools still require them. I'm all for more of a focus on the practical for kids... more shop classes, more practical math (loans and interest, basic accounting, etc), but to suggest that we should chuck all of the finer points of culture into the trash because it's "trying to get back to a past that time forgot" is complete and utter horseshit.

I agree with this post. A $200 million failure clearly refutes the first portion of the sentence: "Concord wasn't a bad game, but it just didn't generate enough interest with enough players". Heck, where I work, a $200 million failure would have someone sent to jail.

That's a trick question.

Answer: None. In 2025, Everything's Computer.

Omitting the camera saves the consumer the minor cost of having to use up a square inch of electrical tape.

No they're not. You're exaggerating. The majority of these developments are still empty. China's declining birth rates coupled with the increased mortality from COVID have thrown in a monkey wrench into their planning. Up to 80 million units are still empty, with slim prospects for ever being bought or even used as social housing. Most of them are just crumbling ruins at this point. Even where people have moved in (often with heavy government subsidies, essentially turning units into an eastern Section 8 housing project), occupancy is still under 10%. They simply built too many units, and there aren't enough people to live in them. Some developments are being reclaimed for agriculture, with farmers grazing livestock and plowing fields on the strips of land between crumbing concrete structures.

Show me the how you can create a system where the price totals of all possible combinations of inventory selections result in only (3 or 4) mod 5.

People need to consider: Rounding to a nickle isn't going to be greater than 2 cents more inaccurate than rounding to pennies. Let's say you live in a backwater state, and still only make $7.25 per hour. Each transaction could potentially cost you at most 10 seconds of extra wages. However, transactions randomly round up and down, so the average error gets reduced by the square root of the number of transactions you make. Statistically speaking, you'll gain or lose only a couple of seconds of your time per purchase. Probably less time than it took to fumble for all those pennies.

But it sucks to be poor. Without pennies, someone who makes $50k per year will gain or lose only milliseconds worth of salary per transaction on average.

"But the stores will set prices so that it always rounds up!!!!1!" -- That only works for one item at most. Savvy shoppers would strategically buy combinations of items that always round down.

In a few years, all of these GPUs will be available on eBay for a few bucks each.

Then I'll finally be able to snag a whole bunch of them and build a Beowulf cluster to run SETI@home faster than anybody else.