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The USPS has to deliver a letter from anywhere in the US or it's possessions to anywhere else in the US or it's possessions for a fixed price set by Congress. FedEx/DHL don't have this requirement. Comparing the two is idiotic really.

Pretty sure this thread is in the politics forum?

Hadn't seen it, just looked it up. Classic Taleb!

I guess it's just tame by comparison to Skin in the Game!

They get worse and worse as you get to the more recently written ones. The guy is smart and has some good info, but he's an insufferable narcissist and at some point it just becomes painful to read his completely unnecessary multi-page diatribes on how everyone is so stupid and he's so smart. I...

Doh! I meant more than $100K! Thanks for pointing out my error.

Tinfoil hat conspiracy theorists deserve to not be the miserable souls they are. I wish you luck joining the rest of us in the real world.

If the core of this game is "masters and slaves" as you assert then the only rational way to "act accordingly" would be to throw your hands up and give up; your post is the very definition of nihilism. Since the rest of us are all about actually going over things with a rigorous framework, like...

The subject at hand is if the current situation will create deflation. Your assertion is that it's all bullshit, we're all sheep, and therefore it's pointless to even think about it. Fine, that's a nice opinion. Now let those of us who are actually interested in the question discuss the...

If you want to go the nihilist route feel free, but hard to understand why you'd waste your time discussing something like the subject at hand if that was your belief? Some of us are here to talk about economics and probabilities of how the current situation will work out with some kind of...

I'll second that, combination of ginger and kale juice is a nice kick in the ass. But will also second that it's a PITA to make!

A view from the other side of this story https://www.wboy.com/news/health/coronavirus/longview-power-ceo-talks-about-what-chapter-11-bankruptcy-filing-means-for-the-company/

Yeah, adderall is an amphetamine (2 actually) very similar to meth. At some point you gotta ask yourself why you're taking it (without a prescription) and what value that provides to your life at the end of the day. Balance that against the pretty unquestioned bad that comes with any drug...

You're suffering from some selective memory there methinks. What specific areas are you comparing?

I'm guessing that he's arguing that Trump indeed does know how to spell cat, therefore to all those who still have a little difficulty with spelling cat he is an emperor god to be worshiped as the greatest leader the universe has ever known. In the land of the blind, the one-eyed man is king.

Not sure you can trust IB when it comes to where they sit in the debt precedence stack. That said, the '20 bond is only exposed to 4 months of BR risk and the '23 is exposed to nearly 3 years. Given that they're worth pennies on the dollar in BR as unsecured it seems about right that you'd see...

PPP doesn't apply to employees making less than $100K, so between the fact that there are very few people working at most hedge funds and vanishingly few making sub $100K, they're not making out like bandits from this program. Add the general PITA of applying, and the limitations on what the...

I often felt like I must be missing some crucial bit of inside info on the whole Brexit idiocy watching from the U.S. I'm guessing its the same way for you watching Trump from there.

This program is doing a remarkably good job of that considering it was thrown together literally in days. For example, my company doesn't need the program. It also happens that nearly all my employees make more than the PPP loan forgiveness limit, so there's little incentive for me to apply for...

Actually, we do all benefit when small businesses profit enough to stay around. For your line of thinking to be correct you would have to believe that you and your business exist in some kind of vacuum with magical leprechauns as customers and suppliers and a workforce who just appear when...