There isn’t anything magically about precisely zero percent interest rates; the behavior we see is mostly a smooth extension of slightly higher rates, which the EU was at.
And of course ZIRP was pioneered in Japan, not the US.
The standard definition of a correction is a 10-20% market decline. “Minor” corrections aren’t defined, though one could imagine an event that barely meets the threshold making sense.
But yes, strictly you are right - this isn’t a correction at all.
Why would you ignore the largest state in that land area calculation? Alaska still isn’t quite enough to push the US up, but it’s good for another 20%-ish increase in land area over the contiguous number.
c is used in the definition of the meter, but you don’t remotely need to know that in day-to-day life. As long as the seven base units (length, time, mass, temperature, electric current, luminosity) end up with reasonable values the system is practically coherent.
(are the values reasonable? well, human-scale capacitors and resistors seem pretty heavily skewed away from the center of the scale…)
“Your total money is decreasing” is not the same thing as “all your money is gone” - it’s leading in that direction, but if it takes 20 or 30 years to get there that’s usually enough for people to retire on.
I imagine it’s just an ingrained use of language picked up from other people - no thought behind it, like an atheist who says ‘Christ’ as an expletive.
> It’s very hard to see a situation where it’s logistically feasible for the US to transport so many people over that it exceeds the number of soldiers already in the military.
The US military has about 1.5 million people at present. When Germany surrendered in 1945, the US had about 3 million people in Europe alone - entirely ignoring the whole Pacific front.
It is generally unwise to underestimate the logistical capabilities of the US military.
(The other points seem more grounded, especially about the nature of modern western war.)
Unfortunately it’s generally more complex than that, at least in US law - simply having material nonpublic information isn’t enough. It really matters how you got the information.
For example, when Hindenburg Research did a ton of research and discovered that Nikola was basically totally fraudulent, they traded extremely relevant information that wasn’t publicly available. Not insider trading.
Similarly, if Warren Buffet invests in a company, he knows that its stock is very likely to go up (just as a result of the halo effect around him). He doesn’t have to disclose that he plans to buy, though.