mgh95

7 ms·

1.
by mgh95 27d ago
Assets are for practical purposes means and when relatively comfortable retirees draw on SS/401(k)s it is income. There are broadly two choices for the wealthy retirees: 1. cut back on SS and other benefits you can afford out of pocket
2.
by mgh95 27d ago
The most effective way is likely not broad-based cuts but targeted cuts to old-age spending via means-testing to induce liquidation of 401(k)s or other savings or tangible property to pay for their own care. I feel the longer (and slower) t
3.
by mgh95 1mo ago
If they can't implement something as simple as "decode upstream headers and determine if 429/503" I don't know what to say. Since this has knocked out all customers it indicates they likely don't have anything
4.
by mgh95 1mo ago
I find this hard to believe in this context. They should be utilizing load shedding or admission control and killing/rejecting jobs rather than hard failures if it is a scaling issue. It's much more likely an actual software defec
5.
by mgh95 2mo ago
Cloud procider revenue is generally understood to be highly durable and safe because it is associated with both diversified customers and workloads which are expected to be reasonably constant in aggregate. Zitron's point is thay OpenA
6.
by mgh95 2mo ago
I don't quite understand what you mean the narrative here -- cash flow going negative is a fact. Attempts to discuss the COLA issues in 1970s-1980s [1] have failed. Attempts in the early aughts to divert funds by Bush Jr. [2] (long bef
7.
by mgh95 2mo ago
Social security is funded through payroll taxes on employees and emloyers. The "run out" is in the sense of the amount of money going out exceeds that coming in and the saved funds have been depleted. In this sense, it can "r
8.
by mgh95 2mo ago
First I know what next is. Its standard enough. Second, take this for what it is: your product may not be compelling in its current form. Building it to many different markets will not make it compelling. If you had a stronger revenue, plea
9.
by mgh95 2mo ago
Interesting. Where is this product located? If I'm looking at your profile correctly, this appears to be Openship[1], which is just a collection of starter templates from something from Nextjs and something called Keystone for each ver
10.
by mgh95 3mo ago
Having see what terminal vibecoding looks like (to the point where customers say "fix your app" during renewal conversations), I don't think this is likely to happen. There is definitely selection pressure being applied to Sa
11.
by mgh95 3mo ago
Because then the units fall into disrepair (because they no longer make sense to maintain) leading to less supply leading to lower availability of units leading to higher cost of housing. See what happened in NYC regarding the consolidation
12.
by mgh95 3mo ago
Also in OFAC compliance. It just comes up in a lot of places where workflows are compliance heavy.
13.
by mgh95 3mo ago
Compensating controls also come up in the context of BSA/AML.
14.
by mgh95 4mo ago
Not really. Social security is a defined benefit plan that requires new payors to fund todays expenses. 401ks are a defined contribution plan. Very different.
15.
by mgh95 4mo ago
This is true in a "yes but" sense. Typically equities of the mega caps benefitted from debt issuance on the expectation it would accelerate growth. The change to equity value loss is what is interesting: the market no longer sees
16.
by mgh95 4mo ago
Sure but people are no longer expecting these kinds of actions to generate equity gains. Before it was expected the growth would outpace the cost of capital, leading to equity appreciation. The directional change is what is interesting.
17.
by mgh95 4mo ago
Interesting how the market has reacted to this news (down 1.7% after hours)
18.
by mgh95 4mo ago
In practice this is exactly how they work, whether it was intended or not. Otherwise it would look a lot less like a defined benefits plan and more like a defined contribution plan.
19.
by mgh95 4mo ago
> You seem to be quite confused about pensions, not only "old people" have pensions. Actually the vast majority of contributions to pensions funds come from people who aren't old at all and are actively employed. This is e
20.
by mgh95 4mo ago
Blockbuster actually did try to beat everyone to streaming. Notably, Blockbuster and Enron [1] entered into a 20-year partnership for online video delivery. Sears was a different story, in that they were a real estate company with a store
21.
by mgh95 4mo ago
Not necessarily. Unions are typically organized as a not-for-profit. The legislation acts on all entities including unions.
22.
by mgh95 4mo ago
> It's a privilege to come into this country, its a privilege to live in Sydney. If you don't like it, you can leave. I hate to put it like this, but that's exactly what the poster is doing.
23.
by mgh95 5mo ago
if it's judged only by the time it is expected to be in use (work hours), reliability is likely even worse than the 24/7 measure.
24.
by mgh95 7mo ago
Likely a combination of business-friendly policies (low tax, no employer payroll tax, etc.) and proximity to ports. Houston is the 6th [1] largest port in the USA. [1] https://pangea-network.com/busiest-and-biggest-ports-in-
25.
by mgh95 7mo ago
I wasn't around for the .com bubble, but this is what I imagine it was like.
26.
by mgh95 8mo ago
> The most important question is whether they make or lose money on each customer, independent of their fixed R&D costs. The ZIRP era called and wants its business strategy back. Half the problem is as frontier models are released fr
27.
by mgh95 8mo ago
> But you still won't get with 170k in the Bay Area, what you get in Paris, Madrid, Nantes or Barcelona with 80k. Note the 170k eur is in Spain -- not the bay area. I compared salaries of Google in Spain to the average salary of a s
28.
by mgh95 8mo ago
I don't think I am. Spanish employees of Google benefit just as much from Spanish employment law as Jose's Web Dev Shop. It's the purest comparison considering it's within the exact same country.
29.
by mgh95 8mo ago
> Higher salaries aren't always better, especially when you're almost willfully ignoring more important things like purchasing power and quality of life. Senior SWE salaries I'm finding in a quick google search in Spain ar
30.
by mgh95 8mo ago
The figures I provided are for 2024. You would need to compare USD/CAD ratios for 2024 versus 2025. Annual GDP figures for 2026 are not yet available as 2026 has not yet come to pass, so usage of 2026 data is not accurate in this conte

More ›