NotNotMike

  • 57 Posts
  • 379 Comments
Joined 2 years ago
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Cake day: July 10th, 2023

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  • It will be more expensive, for sure, but that’s not even the main problem.

    The primary issue is that these tariffs are unpredictable. We don’t know if the Trump administration is going to add more, reduce them, or remove them completely. The administration seems to change their mind every day. Plus, they’re deeply unpopular, so even if the administration were being consistent and clear, they are almost certainly being repealed in four years when a new administration takes over.

    So nobody wants to invest in building factories here, because there’s no guarantee that they won’t soon be competing with cheaper labor again in the future. It’s too risky of an investment even if it was cheaper in general







  • NotNotMiketoOld School Runescape@lemmy.worldWhat you think about sailing?
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    8 days ago

    Even if it’s super fun (I haven’t tried it so I wouldn’t know) it’s not what I want from OSRS. I want my nostalgia, that’s most of the reason I play, and changing the core list of skills while skills like smithing is still imbalanced as hell and fire making is about lighting logs makes no sense.

    I unironically now wish there was an old school old school taken in like 2023 before things really started to get out of hand

    And I realize I’m in the minority here. I’ve just stopped playing at this point







  • Big fan of Atrioc and this is one of his best videos. He has really insightful and thoughtful takes. But also does a great job of keeping things funny and interesting

    I am just astounded that Tesla sells any cars at all at this point. I am convinced there’s a class of Americans that just don’t read any news at all and just see Teslas on the road and think they’re neat. They just feel like Biden didn’t lower prices so give Trump a try. They just coast through life and I’m unreasonably jealous




  • For the most part, Crypto assets have no real value. They can be used as a currency, but that’s infrequent at this point, and really it’s now just a speculative asset.

    In other words, Ethereum’s (and other Cryptos) value is based almost entirely upon how much people think someone else will pay in the future.

    If they think the price will go up, then they will buy. If they think the price will go down, then they will sell.

    Because of this, any shred of evidence that could predict the perceived value going up or down can cause a huge shift in the market. Most likely a news article was released, or someone Tweeted something, that made people think the price could change.