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Kenny Blankenship (dw2@poa.st)'s status on Thursday, 03-Apr-2025 04:58:31 JST Kenny Blankenship
A long but insightful take from Dmitry Orlov on why Team B’s efforts are too little, too late -
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Bread up, Bro (sickburnbro@poa.st)'s status on Thursday, 03-Apr-2025 04:58:30 JST Bread up, Bro
@DW2 we don't know if its a reformable system, but this is probably going to be the last chance it gets. -
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Groomschild (groomschild@poa.st)'s status on Thursday, 03-Apr-2025 04:59:01 JST Groomschild
@nugger @PraxisOfEvil @DW2 then you also have to factor in the rule of thumb that in any workplace 10% of people do 90% of the work
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Groomschild (groomschild@poa.st)'s status on Thursday, 03-Apr-2025 04:59:02 JST Groomschild
@PraxisOfEvil @DW2 I think a more fair definition puts the service industry to 60%. it all depends on what you define as service. do you consider the guy who does the HVAC for the local Walmart service or industry and what not
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nugger@poa.st's status on Thursday, 03-Apr-2025 04:59:02 JST nugger
@Groomschild @PraxisOfEvil @DW2 SIXTY SOUNDS ABOUT RIGHT
BUT THEN THE REMAINING 40 ALSO HAVE ADMINISTRATIVE JOBS EMBEDDED IN, AND THEN THE LABOR PARTICIPATION IS ANYWHERE BETWEEN 60 AND 40
SO OVERALL THE ACTUAL PRODUCTION REFINEMENT REPAIR AND TRANSPORTATION JOBS ARE DONE BY 10-20 PERCENT OF THE WORK READY POPULATION -
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???? (praxisofevil@poa.st)'s status on Thursday, 03-Apr-2025 04:59:03 JST ????
@DW2 80% of the US economy being based in services blows my mind
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Bread up, Bro (sickburnbro@poa.st)'s status on Thursday, 03-Apr-2025 05:00:24 JST Bread up, Bro
@PraxisOfEvil @Groomschild @DW2 remember, this is like when they say "the GDP of Russia is 'this small size'" - while it is an indication of overinflation of things, it doesn't help understanding where a floor is. -
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???? (praxisofevil@poa.st)'s status on Thursday, 03-Apr-2025 05:00:25 JST ????
@Groomschild @DW2 I suppose not but I would like to see how Orlov broke down those numbers
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Bread up, Bro (sickburnbro@poa.st)'s status on Thursday, 03-Apr-2025 05:02:58 JST Bread up, Bro
@PraxisOfEvil @Groomschild @DW2 What I was thinking about in reference to the US economy being geared towards consumption and how a rapid switch away from that will be very bad for China and a lot of those economies which have a huge imbalance to exporting to the US.
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