Notices by GhostOnTheHalfShell (ghostonthehalfshell@masto.ai)

@skinnylatte

It sounds like you’re talking about coffee shops on VanNess. Because that’s the only place I can think of those big buses showing up.

@HistoPol @economics_that_works

But I think history in someway has repeated itself. The price of oil declined in relative terms since the 70s as well, except for a few relatively short burst of somewhat higher prices.

But on the whole price competitiveness will always shape the behavior in economy. That behavior is always going to flow towards and shape itself around the cheapest shit that can be burned.

2/2

@HistoPol @economics_that_works

The lesson learned from the 70s because the price of oil rose by 300% and stayed up because prices were more dynamic under OPEC than it was under the seven sisters . You can go and look at a historical chart of oil prices, and the sort of simplest source for that is macrotrends the website.

Energy efficiency, lowered speed limits, and national oil reserves are the examples of lessons.

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@economics_that_works

Electrified vehicles and solar and wind doesn’t get you away from that supply chain. It doesn’t get you away from a food supply built on that supply chain. It doesn’t get you away from the fertilizer plastics the imported products that all of us buy.

The cost of bunker fuel is five times what it had been. Inputs like Naphtha used in fuel refining and also in plastic production are all super expensive. Something that a solar cell or a wind turbine doesn’t replace.

2/n

@economics_that_works

The more you can produce locally the more you save on resources for things that you’re (still) going to have to import or purchase from imports. In other words, it saves you having to spend money on things or going to all cost a lot more allowing you to save what have for the things we absolutely do have to buy from imports.

One thing is absolutely certain, today is oil shock has set in motion global changes at least as significant as the oil shocks of the 70s.

3/n

@economics_that_works

One significant reason to keep pushing walkable communities and localized farming: both of these measures build resilience against climate change, but right now it also means independence from high fuel prices, and the global supply chain where fossil resources (energy and industrial feed stocks) are in short supply and will continue to be messed up for months or years even if a peac deal is cut today.

1/n

@bmacDonald94 @dlakelan

Oh yeah, I know. But that one is so rustic tantalizes the imagination with other ideas

RE: https://mstdn.social/@ObsidianUrbex/116744950146108719

@dlakelan

I wonder if drive-ins could somehow see a resurgence. Maybe not around movies but something else.

RE: https://mastodon.online/@davidsirota/116743890602206326

@gerrymcgovern

Nothing more need to be said. :sad_dog:

@gilduran

Gil doing the work of God promoting the republishing of Paulina Borsook’s book.

She saw what techbros were about three decades ago.

The world has too many Cassandras, prophets ignored rather than listened to.

https://www.thenerdreich.com/cyberselfish-e-book-released/?ref=the-nerd-reich-newsletter

@HI_Greens

The hat trick the private sector pulled off was to redirect government spending into their own bank accounts. fresh money spent directly into their net worth.

This is why nobody else has any money, because the government doesn’t spend on them anymore.

Government spending is for billionaires and taxes are what everyone else pays

Filthy rich is absolutely descriptive.

There’s no way for somebody to acquire huge levels of wealth without atrocity.

The society that lets obscene wealth exist is already fucked up

@Hex

I should be the one watching the TV. It should not be watching back.

Maybe Claude deleted itself

https://www.the-independent.com/tech/claude-down-not-working-anthropic-ai-b2987749.html

RE: https://mastodon.social/@arstechnica/116654050891675189

Like nationalized healthcare

@economics_that_works

The first person being interviewed which I think is in the first third of this video clarifies exactly how people with enough net worth that they can live off of interest. Don’t actually even live off of interest or stock market valuation. The wealthiest people let’s just say people with $100 million or more takeout incredibly inexpensive loans to cover their own personal expenses.

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https://youtu.be/K06ys5VuGu4
#politics #economics

@economics_that_works

This means that the bulk of their wealth is never subject to any kind of tax; it grows as the federal government stuffs more and more money into the economy through deficit spending. They never pay taxes meaning that all that money keeps piling up in their hands.

It also means that the significant chunk of commercial debt is what the super rich are spending on themselves.

The super rich have achieved wealth escape velocity

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@notyourfanboy @QasimRashid

Nobody posted that here. I heard that people on the right are trying to push this.

And I have my reply to them. Please I really do want them to keep saying it so we can keep doubling the tax rate.

https://futurism.com/future-society/billionaire-rich-taxes-slurs

@adhdeanasl

:o neither rain nor snow nor dark of night.

I look at the bomb out devastation in Gaza and the spreading devastation Israel inflicts on its neighbors.

It’s unbearable to me because I saw this coming within weeks after October 7.

If you look closely enough, you find out that the ruling faction in Israel always intended to annex territory of its neighbors