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Da Economy

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murphstahoe

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Re: Da Economy
« Reply #510 on: Today at 12:22:27 PM »
Quote from: ThePAMan on Today at 12:16:38 PM
This is an underrated point since we are not moving to electric vehicles at the rate the Chinese seem to be.

If we moved to electric vehicles, no one would give a shit about the Russians, Saudis, Iranians, Strait of Hormuz, etc.

Republicans on the test - Where does Milk come from? "Aldi's"

If we make a bunch of money now selling all of our oil, we can buy all the oil we want later, we can just call the oil fairy.
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Custard

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Re: Da Economy
« Reply #511 on: Today at 12:22:52 PM »
Quote from: ThePAMan on Today at 12:21:14 PM
They don't have to close it forever because TACO.

Yep a few weeks ago people here were bitching that he gave up and what a waste it was. Then turns out he didn’t give up and they bitched about that. All the same people that believe Iranian propaganda anyways.
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Custard

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Re: Da Economy
« Reply #512 on: Today at 12:23:47 PM »
Quote from: murphstahoe on Today at 12:22:27 PM
Republicans on the test - Where does Milk come from? "Aldi's"

If we make a bunch of money now selling all of our oil, we can buy all the oil we want later, we can just call the oil fairy.

Modern Democrats 100% more likely to not know where their food comes from that Republicans
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murphstahoe

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Re: Da Economy
« Reply #513 on: Today at 12:24:47 PM »
Quote from: Custard on Today at 12:18:27 PM
When I was in commodities brokerage a lot of times people would ask why the market did what it did any given day. If there wasn’t some glaring market mover we would just say “speculation” or “profit taking” or “something something South America.”  That’s exactly what these stories are doing. They don’t know. If they did they wouldn’t be writing stories for a living.

True this. Tesla is up like 15% this week. Their business hasn't become 15% more valuable this week, under any metric. In the end, stocks are like eggs. Supply, demand. Why is the Stock Market at an all time high? Inflation. Printing dollars doesn't just run up the price of housing.
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Custard

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Re: Da Economy
« Reply #514 on: Today at 12:31:59 PM »
Quote from: murphstahoe on Today at 12:24:47 PM
True this. Tesla is up like 15% this week. Their business hasn't become 15% more valuable this week, under any metric. In the end, stocks are like eggs. Supply, demand. Why is the Stock Market at an all time high? Inflation. Printing dollars doesn't just run up the price of housing.

It’s not that it went up that much in a week, it is because it was never truly devalued as much as it was during the skirmish. Thus the buying opportunity I was talking about weeks ago. This rally came a little sooner than I expected, I almost said let’s see where we are at by April 15 but ended up posting May 1. Guess we’ll see what happens between now and then.

It ain’t inflation, its the resilience of the market and strong fundamentals despite what’s happening overseas
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murphstahoe

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Re: Da Economy
« Reply #515 on: Today at 12:34:43 PM »
Quote from: Custard on Today at 12:20:17 PM
Which fossil fuel are we burning to power the EVs? We don’t really need to worry about overseas oil the way things are, and we aren’t running out of oil anytime soon. Iran has a vested interest in selling their oil, they won’t leave the Strait closed forever.

We have solar panels and a backup battery, our monthly PG&E bill is zero. Even in winter there's enough sun to keep the car and battery charged. And while it's good to be on the grid "just in case" - we've never noticed a power outage.

It's not EV's, it's solar panels and wind. How you use the energy created becomes a thing, and a huge piece of our energy usage is transportation, so coupling the panels/wind with EVs is the big winner.

Land use is also important. If I had an hour commute every day, I'd be draining the battery nightly to recharge the car, to net zero we'd need bigger batteries and more panels. But since we mostly walk to places, work was close/remote, we never exceeded our production. But for lower paid workers around here, housing is prohibitive and they end up commuting.
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murphstahoe

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Re: Da Economy
« Reply #516 on: Today at 12:37:15 PM »
Quote from: Custard on Today at 12:23:47 PM
Modern Democrats 100% more likely to not know where their food comes from that Republicans

Modern Republicans are 100% more likely to hear a metaphor and try to rebut the metaphor instead of the point the metaphor was illustrating.
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murphstahoe

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Re: Da Economy
« Reply #517 on: Today at 12:38:41 PM »
Quote from: Custard on Today at 12:31:59 PM
It’s not that it went up that much in a week, it is because it was never truly devalued as much as it was during the skirmish. Thus the buying opportunity I was talking about weeks ago. This rally came a little sooner than I expected, I almost said let’s see where we are at by April 15 but ended up posting May 1. Guess we’ll see what happens between now and then.

It ain’t inflation, its the resilience of the market and strong fundamentals despite what’s happening overseas

You consider this a buying opportunity for Tesla stock? Bold call. Especially for someone who hates electric vehicles.
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