blackhawkC17

6 ms·

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by blackhawkC17 1y ago
This is a silly rant. Politicians were also responsible for initially subsidizing solar to usher in the current boom. Corporations invested heavily in solar production to create the cheap panels that are being installed rapidly. Just becaus
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by blackhawkC17 1y ago
> I think the bigger question here is what role Chinese policy is playing in this story. Is their involvement strictly commercial? There's little government policy behind it. It's basically: Chinese companies invest in massive
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Pakistan's 22 GW Solar Shock: How a Fragile State Went Full Clean Energy(cleantechnica.com)
71 points by blackhawkC17 1y ago|35 comments
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One Island, Two Worlds(economist.com)
2 points by blackhawkC17 1y ago|0 comments
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If you can't find a place to rent, blame the government(economist.com)
3 points by blackhawkC17 1y ago|1 comments
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by blackhawkC17 1y ago
> In other words, a job that is traditionally considered to be a basic service of the government is now being privatized by people that nobody knows if we can really trust. How on earth is it the government's job to protect people&#
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by blackhawkC17 2y ago
A dumb conspiracy theory. Israel has mandatory conscription (barring some cases), and many of the smart ones are recruited into Unit 8200. It's not surprising that they go on to start cyber companies once conscription ends, given that&
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by blackhawkC17 2y ago
Israelis constantly dominating the cybersecurity industry..damn
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by blackhawkC17 2y ago
> We lose a democratic element of corporate America by surrendering our votes to a couple big custodians that really don't care either way. By design, though, the people who invest with Vanguard do that precisely to offload decision
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by blackhawkC17 2y ago
True, I was referring to the modern context of aid, not colonial times with extractive economies. I don’t think it’s fair to apply the modern concept of aid to previous eras of colonialism, wars, and frequent famines. It was a different bal
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by blackhawkC17 2y ago
> Not giving any aid today means condemning masses to death. It’s not the responsibility of foreigners to feed other countries’ populations. Those countries have governments made up of adults (often voted in by the masses) who can take d
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by blackhawkC17 2y ago
Agreed. Other countries should follow the same path instead of depending on foreign aid to solve their issues.
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by blackhawkC17 2y ago
> On the international stage, if you have to put your hand out for assistance, it means you have no say . It is a big advantage for Singapore not to have to beg for aid. We have no need for assistance or loans that will subject us to ex
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by blackhawkC17 2y ago
We’re likely in agreement. What Haiti needs is investment in domestic industries to be competitive in a capitalist world. These investments can be provided by foreigners, but it’s ultimately the locals that need to rise up to the occasion
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by blackhawkC17 2y ago
No one disputes that Errol Musk had money (including Elon himself), but, as the link illustrates, it was from an engineering business and not from apartheid mines as implied by the OP.
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by blackhawkC17 2y ago
Ignorant opinion. The mine was in Zambia and had incredibly low output. There was no fortune made there. They’re many legitimate things to criticize about Musk. No need to cook up BS stories.
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by blackhawkC17 2y ago
Because it’s true. Aid makes governments less accountable to their people and more accountable to donors. It has made many countries refuse to create robust healthcare/education/military (etc.) systems with local resources and ins
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by blackhawkC17 2y ago
Do you have anything better to offer them? Because Malaysia can definitely not build these data centers without foreign investment.. As someone from a certain poor country, I can attest that your tone sounds very condescending. It makes it
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Cheap solar power is sending electrical grids into a death spiral(economist.com)
106 points by blackhawkC17 2y ago|118 comments
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by blackhawkC17 2y ago
> There were other solutions possible besides austerity. What solutions? How does one fix a hyperinflated country without painful reforms? Millei made it clear that pre-election that his tenure was going to bring painful reforms. He was
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by blackhawkC17 2y ago
I guess we should ignore statistics and focus on anecdotes when making economic decisions.
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by blackhawkC17 2y ago
Argentina is an economy weakened by Peronism, an ideology that constantly interferes with the free markets, with excessive regulations that incentivize rent-seeking and unproductive businesses. It'll be much richer if it was designed t
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by blackhawkC17 2y ago
Are you insinuating it's the West's fault?
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by blackhawkC17 2y ago
Past events aren't a definite excuse for today's situations. Yeah, the U.S. interfered in many countries, including some that are super successful today, e.g., Taiwan and South Korea. But many Latin Americans never stop blaming U.
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by blackhawkC17 2y ago
With rhetoric like this, one wonders why Argentina has a perpetually mediocre economy.
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by blackhawkC17 2y ago
Powerful government doesn’t imply strong institutions that uphold rule of law. It’s usually the opposite…powerful governments rule with an iron fist but are internally marred by corruption and incompetence.
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by blackhawkC17 2y ago
Of course, the company of concern is Eskom, the underperforming state electricity monopoly whose incompetence has dragged the South African economy down.
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by blackhawkC17 2y ago
She likely doesn’t have Paul’s passion for computers…not her fault. Paul Allen could have set up an endowment if he wanted the collection to last. But he didn’t for some reason, despite having founded other formally endowed organizations li
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by blackhawkC17 2y ago
None actually. I just tried to illustrate the futility of this warrant.
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by blackhawkC17 2y ago
That’s because donors won’t let them drain all the principal in a few years. UPenn’s revenue includes “sales of assets” and “investment income,” i.e., taking some part of the endowment annually to fund their operations.

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