Economist John Kenneth Galbraith wrote that bubbles form the same way every time. A new idea casts a spell. Credit expands. Prices rise. Everyone feels smarter. Then crack, reality bites and it all comes crashing down. Galbraith argued the real fuel isn't credit, it's boundless hope and fleeting memory. Each generation convinces itself that this time is different.

And yet the price to earnings ratio is still somehow just a hair short of 300. That's roughly 10x the aggregate P/E ratio of the Nasdaq, S&P 500, and Dow Jones.

Musk's vaporware has all the shareholders fooled.

this is literally never not accurate

China’s CO2 emissions have been flat or falling for past 18 months, analysis finds World’s biggest polluter on track to hit peak emissions target early but miss goal for cutting carbon intensity

This a big deal: "China’s carbon dioxide emissions have been flat or falling for 18 months"

China's economy has grown by ~5% in the last year, so this comprehensively debunks the idea (again) that emissions are tied to growth. So yes, faster progress needed, but this is how you turn the corner.

Tweet from Ryan Moulton @moultano: Oil is the most Lovecraftian thing that actually exists. You're telling me that there's a black ichor under the earth, made from the ancient dead, whose burning can realize all the dreams of man but only at the price of slowly returning the earth to its primordial state?

I love that Mamdani is what the right claimed Obama was: A Muslim socialist born in Africa. The right practically manifested Mamdani into existence.

Lomborg's (~clever) schtick has always been to prioritize actions that sound good, but drop profit-threatening actions to end of list so they won't get done.
bsky.app/profile/john...
Curiously, Gates also does fund Fervo (enhanced geothermal, good!).
www.gatesnotes.com/utahs-hottes...

A New York Post article calling Zohran Mamdani a communist while he’s poorly edited onto a soviet poster of a man holding the hammer and sickle

I truly wish Mamdani was as cool as right-wing media thought he was

57% of all ad spending by Republicans in the Virginia governors race was on anti trans ads. Just an incredibly mismanaged campaign. Anti-trans politics are a losing issue.

Amazing. The man isn't even mayor yet but he's already solving our trash problems.

ACAB includes people who report posts for celebrating Dick Cheney being dead.

Nice that Knuth is still with us and still writing books.

iPhone news notification announcing Dick Cheney has died

Now that’s some nice news to wake up to

And in that pause between pitch and contact - longer than logic, shorter than hope - we remembered why baseball existed long before we judged a sport's value by viral moments and betting apps. It is the romance of failure. The mortal beauty of trying and missing seven times out of 10 and still being considered great. It is the only sport where patience is a weapon, and panic the surest death. You cannot simply run out the clock in baseball; you must face it, pitch by terrifying pitch, until it finally releases you.

Did not expect one of the best paragraphs I’d read about baseball would come from an Irish newspaper

www.irishexaminer.com/sport-column...

The National Post, again

Exxon funded thinktanks to spread climate denial in Latin America, documents reveal Texas-based fossil fuel company financed Atlas Network in attempt to derail UN-led climate treaty process

Oh no! Not our beloved fossil fuel company doing something shitty.

It's also why all of those smug european countries are pulling back on their welfare programs. They were happy to have them when they were relatively homogenous but now that they're afraid of immigrants having them - esp POC - they're scaling back

fun fact: the only reason Scott Adams is alive today is that he canceled his assisted suicide because hormone therapy to block testosterone gave him significant symptom relief

the exact same therapy that’s called “puberty blockers” when given to trans youth

trans healthcare saved his life

Tweet from Ella Devi: canvassing for @ZohranKMamdani in the east village today and the actor who plays dr. strugis in young sheldon is in my canvassing group!! Photo of Ella with another canvasser and Wallace Shawn

On the other site, an 18-year-old Zohran canvasser described the legendary Wallace Shawn as "the actor who plays Dr. Sturgis on Young Sheldon" which is honestly adorable

the British Royal Family this week

once again posting The Chart

this is why i think the power of point access blocks is even greater at scale...

not only do you house nearly same number of people - you do it in like 60% of the footprint

meaning construction costs go way down.
more privacy. more space for trees. more daylight. homes that cross ventilate.

IMO democracy becomes impossible in the absence of any social or political norms against lying.

If you have a RING door system, ICE has the right to request that footage and use it against you or your neighbors.

RING is partnering with the Gestapo.

Amazon is helping fund a $300 million build of a ballroom for the White House.

Independent bookstores are donating to food banks and organizations that help with food insecurity.

They are not the same.

worth noting that this isn't even a poll. this is an online gambling statistic

Image of Jeremy Mackenzie in front of CBC on sparks st in Ottawa, with masked members of his active club Second Sons behind him holding a banner that reads “CBC hates white people”

Still from a video of the second sons active club members, masked, marching down sparks street in Ottawa in front of a building where parliamentary committee meetings are held

Post from a top Diagolon and Second Sons member, Alex Vriend, on Telegram reads: “There was a dozen or so CBC employees frantically running around inside the building waving their arms over their heads like something out of a cartoon. Highly entertaining.”

Post from Diagolon Leader Jeremy Mackenzie on telegram reads: “Telling CBC HQ to get fucked to their faces at their workplace while they stared fearfully, scurrying around in the windows was a high point of my year. Immense thanks and respect to the club, their supporters and families. I've carried this weight around for a long time and it was very satisfying and righteous to be able to physically point to those who are truly responsible for so much death of our people. You wanted our "comments", СВС. Soon the entire country will have them. They hate you. They hate me. Fuck the anti-white CBC.”

Canada’s largest white nationalist network marching down Ottawa streets in front of our Parliamentary buildings.

Not great!

The Conservative Justices Chose to Make Anthony Boyd Suffer Anthony Boyd, whom the state of Alabama executed last week, asked the justices to spare him from execution by nitrogen hypoxia. They said no.

Boyd met his death knowing both that none of this needed to happen, and that it could happen again.

“There will be no justice in this state until we change this system” he said, when asked for his last words. “I want all my people to keep fighting. Let’s get it.”
ballsandstrikes.org/scotus/antho...

And look how racist and violent they were. it was NEVER economic issues, it was a black president.

I have more if you want to see them.

A president so crazy that Caligula was not comfortable with being that crazy