Blue_Morpho

@Blue_Morpho@lemmy.world

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Blue_Morpho,

What I really don’t understand is all the people who in the next post tomorrow will mock China’s oversupply of homes. “Haha, stupid dictators who oversupplied the market. Their investors are all screwed because the homes didn’t go up in value.”

Blue_Morpho,

The Chinese government overbuilt housing. Housing investors didn’t realize gains because there were more homes than people looking for homes.

…wikipedia.org/…/Under-occupied_developments_in_C…

A ponzi scheme is where you collect investments and pay out the first investors high interest with the early money collected to make it appear you are legitimate and thereby trick more into giving you money.

Buying real estate which goes down in value because the government makes more homes isn’t a ponzi scheme. It’s no different than losing money investing in wheat futures by betting against the US subsidizing farmers. (which creates a surplus.)

Blue_Morpho,

I referenced overbuilding above. Overbuilding into bankruptcy isn’t a ponzi scheme.

en.m.wikipedia.org/wiki/Ponzi_scheme

Blue_Morpho,

A ponzi scheme is a specific type of scam. Not every mismanaged bankruptcy is a ponzi scheme.

Blue_Morpho,

When Lehman Brothers went bankrupt in 2008 because of the sub prime mortgage collapse, that wasn’t a ponzi scheme either.

Call it outright fraud, I don’t care. Fuck China. Taking out loans to buy real estate that go down in value isn’t a ponzi scheme.

Blue_Morpho,

You just can’t build way too many housing and expect the market to not collapse.

Exactly. But that doesn’t make it a Ponzi scheme.

Blue_Morpho,

Make the microchips shaped like tiny guns. Sell it as a premium. Do you want a communism vaccine or a $100 vaccine that comes with a premium microchip gun so you can tell your friends you are always packing.

Blue_Morpho,

Works with 11 22H2. That’s a year out of date.

It’s the same problem that all the prepackaged modified Windows have when I go to try them out in a VM. They always seems to be way out of date and with all the security problems of Windows, I don’t want to run an old version just to save the time of cleaning out the telemetry and bloatware. Powershell scripts are more robust for me.

Blue_Morpho,

It’s not suspension. It compacts down the differential and cv joint (linkage from the engine to the wheel).

Blue_Morpho,

It replaces the cv joint. Watch the video.

Blue_Morpho,

The video shows how their gears go up down and side to side to perform the function of a cv joint. So whatever that cv looking thing is, it’s not a cv joint.

Blue_Morpho,

buy a roku

Wait, what? A Roku has more ads than a fire TV. 1/3 of the screen is always an ad. For new releases they’ll sell the entire screen as an ad. ( Disney’s Seeing Red was a full screen splash ad on my Roku.)

Blue_Morpho,

Roku has done occasional full screen ads too.

Blue_Morpho,

Roku is more closed than Amazon fire. I’ve read about rooted Fires.

Apple TV seems the least intrusive right now but I’ve never used one personally.

Blue_Morpho, (edited )

My 2002 Pentium M (desktop) with Intel motherboard booted instantly. I liked to use it long after it was obsolete because it booted so fast.

Modern pcs are a hundred times faster and yet take so much longer. And don’t get me started on why Windows 10 takes so long from password to desktop.

Blue_Morpho,

More than refund should be legally due. The cost to repurchase the product is what is due.

Blue_Morpho, (edited )

This won’t change until someone sells a yacht to a Senator with fine print that it’s only a perpetual license. Then comes back 3 years later and takes the yacht citing the fine print in the contract.

Blue_Morpho,

Everything was once “legally fine” until a court ruled otherwise.

Shrinkwrap licenses were once “legally fine”.

Blue_Morpho,

Convection has been standard for ovens for over 10 years. My 13 year old KitchAid oven from a big box store has convection. It wasn’t even promoted until air friers became popular.

Also all microwaves with bake feature are convection ovens. Again it was normal, but now they put big “like air frier” stickers on them to let people know.

Blue_Morpho,

Most ovens in the past 15 years have convection. People didn’t notice the button on the oven until air friers became a big thing.

Blue_Morpho,

It’s as real as Kids requesting litter boxes

That was a more subtle disinformation deflection by conservatives. Schools did need litter boxes for mandated mass shooting lockdown preparations.

Instead of the horror of children needing to use litter boxes because American conservatives cant regulate their firearms, it was, “Haha, liberals want litter boxes for furries.”

Blue_Morpho,

Gates had a point. Everyone was spending thousands on hardware but wouldn’t spend a little more for Basic. There were free options, they weren’t poor ( computer hardware was very expensive in the 70’s), but everyone was using Basic without buying it.

It’s like today where people will spend thousands for a gaming PC, then complain about Windows when they should be using Linux.

Blue_Morpho, (edited )

All that ghost housing the population have sunk their savings into is appreciating nicely, yes?

Funny how everyone complains about US investors sitting on property makes housing unaffordable and also complains that surplus housing in China makes housing a bad investment.

Everyone hates everything.

Blue_Morpho,

The point is that China is not some perfect übermensch,

I didn’t claim they were.

Whatever the cause, the surplus of housing in China can’t be seen as a negative for the same reason a lack of housing is a negative in the US.

You can’t have it both ways.

The trains ran on time under Mussolini. Just because a dictatorship does bad things doesn’t mean absolutely everything must be bad. Just because a democracy does good things doesn’t mean everything is perfect.

Blue_Morpho,

you replied to me defending their point

No I didn’t. I specifically ended with, “Everyone hates everything.”

Too much of anything is bad, just like too little is bad.

Just like too little of anything is also bad.

If the value tanks, homes are affordable.

You can’t have it both ways.

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