I'm curious about the small business loans. I'm from Europe and the animations suggests for a $9000 loan a total repayment of $10305. Let's assume you make $5000 in revenue per month and they use 10% as a repayment cut per transaction. That would yield a 20 month long repayment schedule. The "interest" would be roughly 7% annually. In today's world, isn't that greedy? In today's world, Warren Buffet can issue a 0% coupon bond[1]. I'm just perplexed. Especially since it's Square and not Goldman Sachs or JP Morgan.
According to the St Louis Fed, the average interest rate for Small Businesses was about 3.5 - 5% [2]. For me this sounds like an incredibly bad deal.
Somehow I found the article missing the solution, the organisation argues that "placemaking" [1] helps. They also argue that "Will this public project generate enough tax revenue to sustain its maintenance over multiple life cycles? Try asking that -- you will be amazed." is the question to successful public projects. But, I don't know if that holds true universally.
Yes, I realized that too, therefore I put the machine on the desk to suck in the air of the middle of the room instead of the coldest air on the bottom of the room.
But how come the room doesn't get colder overall? Is it sized too small? My apartment here is about 36m2 with 2.7m tall rooms. The unit has 14000BTU which is one of the largest portable air conditioner that you can get. Even if I were to close the doors to the other rooms, it would only be able to cool the room by 1 degree during the day (8 hour span). In the night it does its job well by lowering the temperature to the outside temperature but it won't go beneath it.
Author here, I just had to get some thoughts out and complain how bad these portable air conditioners are.
I just don't understand why the appliances space attracts so little innovation or startups. Even though they are at least 400€ a piece and could generate lots of revenue on mass.
On Friday I listened to the newest Macrovoices episode with Philip Verleger [1] where they argued that America has far too few engineering students to even create a green energy revolution in America. The expertise was transferred primarily to software engineering jobs.
Dr. Verleger apparently was one of the key players in created the oil futures markets, so he probably knows a thing about this space.
But, I wouldn't judge too early. The university clearly caters to an audience which is voting with their borrowed/hard earned money to pay their tuitions [1]. It's not like your are forced to study there. If nothing else, other education providers will grow with the influx of new money.
Meanwhile, Google's and Facebook's market caps are near all time highs. The invisible hand dictates that the impact may very well be insignificant for those two.
I once wrote about how you can achieve something similar with uBlock Origin: https://schleiss.io/fixing-twitter-design-with-extension The post was from 2018 so I don't know if the css classes are still valid, also I messed up the images after an update, but I hope you get the gist.
Galileo didn't have it easy either. The more push back, the more likely you'll write history. Even it means you have to face the inquisition or whatever name it has at the time...
It's sad to hear that. Other research areas like medicine, pharmacy or history probalby have the same problem but nobody is looking for it yet. My guess is, the more money is to be made or raised, the higher the chances for nefarious practices.
In Vienna (Austria), we recently had a discussion[1] about the expansion of broadband internet. Unfortunately, politics gets in the way about where, how and who finances the cables such that only new buildings receive fibre optic cables. It's such a tragedy. I always thought that a startup needs to get in this space to disrupt the establishment.
I can emphasize with the argument that complexity is a source of income. But, I don't think that it's intentional. Rather, the constant change of developers introduced little inconsistencies that over time accumulate and generate complexity. Recently, I even looked at some open source projects[1] to measure the complexity by counting import/include statements.
Yes, I agree. Priority and some context on what to do instead. Because as soon as it's a standard, big software vendors like Jetbrains could automatically categorize and mark the various lines.
OP here. I used `git log -G TODO --reverse -p -- . > ~/Desktop/test.txt` and used the results in PHP to aggregate the data as I couldn't think of the bash one liners in the other comments :(
[1] https://www.vogelwarte.ch/de/voegel/voegel-der-schweiz/