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China CCP's efforts to control people, More covid Lockdown

newtboy says...

“The morning market has been canceled, with a large number of police, fire trucks, and ambulances. Look at this armed force.” (shows about 30 unarmed blue shirts). “It’s enough to liberate Taiwan and Japan.”
Nope.

BTW, 26 million under quarantine, out of >1.4 billion….that’s well under 2% of the country, @bobknight33. 1800+ cities over 10000 pop., 41 is a tiny fraction.

Hayes: NRA "Good Guy With A Gun" Theory Failed In Real Time

cloudballoon says...

Imagine the scenario where a bad guy pulls out a gun, the first "good guy" pulls out a gun, then a second "good guy" pulls out his gun... wanna bet the probability who the 2nd guy points his or her gun to? And the subsequent 3rd-nth good guys' guns going to point theirs to?

Oh, then unevitably the "no duty to protect" police forces come and shoot ALL the guys with guns.

Total chaos, and good luck untangling the legal lawsuits that will inevitably come after. America! F**k YEAH!!

"Good Guy With A Gun" Theory. These NRA honchos reaaaaaaaaaaaaaaally don't want their subservient cohorts think one more step ahead of any argument. The sad truth is there's enough of mindless American too lazy (or even capable?) to think ahead just as they wished due to America's educational system and pathetic "freedom at all costs" patirotism & American 2nd Ammendment Exceptionalism crap.

There are many democratic countries that said no to widespread gun ownerships (Australia, NZ, Japan) and are far better for it. I guess (read: I don't watch C-SPAN) that sense of American Pride infects even the Democrats to be gutsy enough to compare the US to other countries during legislative gun-control debates?

That assault-style (like the ARs) gun ownership rights is pretty FUBAR from the get go. If that's a right, why not grenades? Tanks, fighter jets, subs and heck, nuclear missiles? As long as I'm a "no criminal record" American citizen, isn't it my God-given right -- and my freedom! -- to own any weapons as long as I can afford it? Unhindered Capitalism at its finest we're talking here! The most American of values!

Consome Panchi!!!

Squid changing color - not just for octopuses!

newtboy says...

What do they mean “ Recently, scientists in Japan were surprised to find a species of oval squid raised in captivity could change its coat, depending on whether its tank was clean or covered in algae.”…are they students, because I saw this described and demonstrated in 88 in my marine biology class in Hawaii….then we dissected it….then we cooked and ate it as a class. Interesting teacher.

Absolutely not the first time they’ve been “caught” doing this…maybe the first time with high definition cameras, in one specific laboratory condition, with that specific species, raised in captivity, but this is every day behavior for many cephalopods, including squid, and absolutely not a new discovery.

Let’s see them decipher the intense flashings, strobing, color waves, slow fades, etc that they use to communicate and hunt. That might be a first….but I doubt it. Others have studied their insane chromatophores and their amazingly mailable mantles and how they use them for decades if not longer.

This is a neat bit of biology, but to pretend they just discovered this is outrageously dishonest. Get real, people knew squid camouflaged themselves amazingly well long before that guy named Jesus was fathered by a forced pedophilic inception. Almost like saying scientists just discovered newts like it moist, or that water is wet.

Why I’m ALL-IN On Tesla Stock

bobknight33 says...

Duly noted.

Sift animosity aside, given and taken. I truly desire all to succeed.

Your statements about the economy as a whole applies to all, whether they diversify or solely own just 3 stocks or less.


I don't fear a crash of 87 or 2008. But your are right the ground beneath us is shaking. Having belief in our leaders and FED to do the the right thing is a is half harted. Even if they choose a proper corrective path it will be a bumpy ride.



You are right I am forward thinking and willing to take a few hard bumps over the next 10 years. I believe the upside is worth this risk.


I don't want a japan crash that took 25+ years to recover, or a 1929 crash which took 10 years and war to recover.

Every hard crash recovers, eventually.

If things go bad I will exit. Granted no one has perfect timing and neither do I. Will I loose 20 30% probably.

I do watch markets daily.


I'm 60 with 2 years left on the house mortgage. I will have a GE pension and hopefully some SS. Granted inflation can eat that 4K/month away but it will still help. Also I would continue to work.

And if that's not enough at least the house will be paid for and I will eat PB and J. or rice and beans.

StukaFox said:

Bob, please read this carefully. I know we fuck around a lot here, but I 100% honestly don't want to see you get hurt financially.

Obviously, if you believe in TSLA, I understand you putting your money where your mouth is (full disclosure: I'm holding POTX and CURLF, so I'm on the same page with what I'm saying on this) but PLEASE don't bet money you don't have on TSLA.

“At 10-times revenues, to give you a 10-year payback (P/E 10, my note), I must pay you 100% of revenues for 10-straight years in dividends. That assumes I can get that by my shareholders. It also assumes I have zero cost of goods sold, which is very hard for a computer company.

That assumes zero expenses, which is hard with 39,000 employees. That assumes I pay no taxes, which is very hard. And that expects you pay no taxes on your dividends, which is kind of illegal. And that assumes with zero R&D for the next 10-years, I can maintain the current revenue run rate.

Now, having done that, would any of you like to buy my stock at $64? Do you realize how ridiculous those underlying assumptions are? You don’t need any transparency. You don’t need any footnotes.

What were you thinking?”

-- Scott McNealy was the CEO of Sun Microsystems
2002

At the peak of the Dot-Com, roughly 30 stocks in the NASDAQ 100 traded above 10 P/E. Today ALL stocks in the DAQ do: the average P/E is ~25.5.

TSLA is at a P/E of 175.

There is no American economy. There hasn't been since since October 3 of 2008. Things got catastrophically worse on September 17th of 2019 when the repo market came within hours of completely locking up in a catastrophe that would have made AIG look like a rounding error. The Fed was forced to firehose astronomical amounts of money into the system to keep this from happening and this was before Covid.

In Jan of 2021, there was $2.6 TRILLION in Zombie Debt out there. That's $2.6 TRILLION on the verge of default at 2021 interest rates. The Fed is now in a horrific position: raise rates and watch massive defaults explode like financial nukes, or keep rates steady and watch inflation implode the economy.

People don't understand how bad this is and how much worse it can get. If the Fed has to raise rates by 500 BP -- and Christ fucking help us if they do -- the first order defaults will be the worst in Capitalist history and the second and third order effects could very well be the nightmare scenario we came within 36 hours of in 2008.

Save your money, Bob. Cash is king. And fuck BTC.

Tonga Eruption Causes Tsunamis all around the Pacific

eric3579 says...

Timestamps:
0:01 - 3:08 Peru
3:09 - 7:56 California
7:57 - 12:11 Japan
12:12 - 15:46 Chile
15:47 - 17:13 Ecuador
17:14 - 18:34 Hawaii
18:35 - 19:34 Oregon
19:35 - 20:19 Mexico

Has anyone heard/read if and how the eruption may impact global temperatures over the next few years? Curious what the climate scientist are predicting, but maybe to soon to know anything.

Giant 3D Cat In Tokyo

Taiwan: Last Week Tonight with John Oliver (HBO)

StukaFox says...

I don't know, but there's a few things that concern me:

1. Underestimating your advisory. We did this with Japan in the lead up to WW2. Great powers always fight the last war they won. In our case, that's WW2. China learned from the war they lost as well: WW2, and they're not going to make the same mistakes twice.

2. Ambiguous defense posture. This is how England got dragged into WW1 due to an uncertain position if Germany invaded France. Germany gambled that England wouldn't get involved because it had no spoken mutual defense agreement with France. Had the defense pact been made readily clear, it's possible Germany wouldn't have invaded.

2. Use it or lose it weapons. In WW1, one of the main issues with the initial invasion was train schedules. Things had to go perfectly to get men and material to the front line and any hiccup could delay a military victory. Once the very first German troop train left the station, there was no way to stop the invasion. Now we've got a situation where a war over Taiwan would be won or lost in about an hour of the first shot. China knows that should the US get involved, China's military assets are going to be blown up and fast. This puts China in a situation where they might choose the launch everything in a maximum impact first strike. Faced with overwhelming damage, the US would be forced to make some hard choices about how to respond. Would it go nuclear? It's according to how much Taiwan means to us.

"It won't happen". Go to Europe and see how many tombstones bear that inscription.

I'd say 50/50.

bobknight33 said:

🦇

What % do yo think China will invade Taiwan under this administration?

60% chance?

Trump didn't do anything wrong

BSR says...

Well, Japan did surrender. Ya gotta give 'em that.

newtboy said:

Just like 1941….people just kept talking about Dec 7, Dec 7, Dec 7, Dec 7, Dec 7, Dec 7, Dec 7. Morning noon and night.

I suppose you also say Japan did nothing wrong.

Trump didn't do anything wrong

newtboy says...

Just like 1941….people just kept talking about Dec 7, Dec 7, Dec 7, Dec 7, Dec 7, Dec 7, Dec 7. Morning noon and night. Many still won’t just move on.

I suppose you also say Japan did nothing wrong.

bobknight33 said:

But hey Trump is out and now its just JAN 6 JAN 6 JAN 6 JAN 6 JAN 6 JAN 6 JAN 6 JAN 6 JAN 6 JAN 6 JAN 6 JAN 6 JAN 6 JAN 6 JAN 6 JAN 6 JAN 6 JAN 6 JAN 6 JAN 6 JAN 6 JAN 6 JAN 6 JAN 6 JAN 6 JAN 6 JAN 6 JAN 6 JAN 6 JAN 6 Morning noon and night.


Trump did nothing wrong.

Taiwanese Squeaking Caterpillar

White people are dumb and need to be less white

kir_mokum says...

for the most part, the people of china, japan, korea, and saudi arabia are native to those places, not invaders who often committed genocide to take control of those places and resources. there have also long been outcries to how they deal with foreigners, we just don't hear about it since we don't live there and aren't part of that media bubble. their attempts at monoculture have presented them with a variety of different issues and existential threats, japan probably suffering the most acutely right now.

vil said:

Why this is only asked of white people is what beats me. No one is asking the Japanese in Japan or the Chinese in China or the Koreans in South Korea or the Saudis in Saudialand to be more inclusive or care at all about the sad fate of non-locally sourced humans. Granted the Japanese get a bye because they are quietly polite about the whole "no foreigners welcome" thing.

White people are dumb and need to be less white

vil says...

It is a legitimate thing to ask of white people, to be less "white" and more "people". We tend to not acknowledge that we do have an advantage in our part of the world.

Why this is only asked of white people is what beats me. No one is asking the Japanese in Japan or the Chinese in China or the Koreans in South Korea or the Saudis in Saudialand to be more inclusive or care at all about the sad fate of non-locally sourced humans. Granted the Japanese get a bye because they are quietly polite about the whole "no foreigners welcome" thing.

Could it be that white people are not more or less racist than other local majorities, it just so happens that (admittedly some) white people are willing to acknowledge our own racism might be a problem?

Actually what really gets me is how North Koreans manage to be racial supremacists in the face of their everyday reality.

Vine robots potential seems pretty fantastic

Do we Need Nuclear Energy to Stop Climate Change?

newtboy says...

Depends on your definition of "need", and your definition of "stopping" climate change.

Because I'm convinced enough natural feedback loops are in effect that there's no chance at all of stopping further climate change, and only a slight chance of slowing the rate of change and only if humanity fundamentally changes first, I find the question flawed.

I find it odd that tidal energy (different from hydro) is never considered in these debates. It's simple, relatively cheap, easy to maintain, and best of all predictable and consistent. All you need is a shoreline with a relatively large tide swing, a small inlet, and a tidal flat.

At best, nuclear is a stop gap measure that trades one planetary poison for another.....largely because we aren't responsible with it....building on shores in earthquake zones for convenience, banning fuel recycling, having no long term waste plan and handling waste insanely (Japan, I'm looking at you and your plans to dump Fukushima irradiated water into the ocean)....It's far from "green" the way we do it.



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