Posts by thesquirrelfish@sfba.social
(DIR) Post #AigodPzIufPDnq0I3U by thesquirrelfish@sfba.social
2024-06-07T16:05:36Z
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@feld @FluentInFinance @sun having a home health aid or nurse or construction worker who loves you seems much more trustworthy than money. Having abundant additional residential units in your community is safer than having a single uninsured house in your old age.
(DIR) Post #Aigoya02srZAw4RPMW by thesquirrelfish@sfba.social
2024-06-07T16:06:54Z
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@feld @FluentInFinance @sun I don't think there will be a return to normal
(DIR) Post #AigqjCpcwK3Ge6Mgfw by thesquirrelfish@sfba.social
2024-06-07T16:41:38Z
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@feld @FluentInFinance @sun oh I fully agree. I just am not sure that getting passive returns from financial markets is going to be possible in the harder world of climate change we seem to be headed toward. If most people have to struggle even more for the basics, where's the return going to come from? It seems like it would require increased authoritarian enforcement that's (hopefully/probably) not scalable.Like the world doesn't have to be zero sum, but investing in oil & gas & industrial ag lowers the total output of basic human need filling goods from the system. If we have to put more money/energy into needs filling, the available human resources for providing rents/passive returns is lowered. So they're kind of self-defeating
(DIR) Post #Aigs5RNXdQ085UOVX6 by thesquirrelfish@sfba.social
2024-06-07T16:58:54Z
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@feld @TURBORETARD9000 @FluentInFinance @sun right but the big CapEx investments are subject to the same problems of housing - climate disasters.
(DIR) Post #Aigt7LpXKoXtPdxoES by thesquirrelfish@sfba.social
2024-06-07T17:00:55Z
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@feld @FluentInFinance @sun right but the CapEx projects have the same problems as housing - climate disasters. If we can get to zero emissions relatively quickly that might be doable, but that seems to be dependent on such significant economic changes that it would make this conversation irrelevant.
(DIR) Post #Aigw2skjnlENw1HOq0 by thesquirrelfish@sfba.social
2024-06-07T17:40:14Z
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@feld @FluentInFinance @sun I disagree - as we're seeing previous climactically stable areas increasingly impacted by new threats a place safe from flooding might be in more danger from tornadoes and wildfires etc. Svalbard Seed Bank was thought to be the safest place for a thousand years and just a few decades later we see it in jeopardy. The data centers value depends on much of the same infrastructure as the long distance wired electrical grid. Etc.
(DIR) Post #Aigxn4m5XM5UUjVCFM by thesquirrelfish@sfba.social
2024-06-07T17:59:08Z
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@feld @FluentInFinance @sun right and my point is that the more rapidly climate change advances the less we'll be able to determine what will be safe enough to give reliable returns for large long-term projects.
(DIR) Post #Aih1pg42GZG0XeOPnU by thesquirrelfish@sfba.social
2024-06-07T18:38:42Z
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@feld @FluentInFinance @sun yes but if you're getting low & slow returns why have the overhead of the large financial markets/large CapEx projects? It seems like local small investment is the best way to get the cultural change & that style of returns - plus you get the emotional return of seeing the improvements your money makes. Many small diversified projects & markets are inherently less risky.
(DIR) Post #Aih79rTM3k1JUEgBqi by thesquirrelfish@sfba.social
2024-06-07T19:27:38Z
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@feld @FluentInFinance @sun I agree there is need for infrastructure CapEx projects, can you give any examples of private CapEx projects that we need?
(DIR) Post #AijATsn5YWx7Xt4Hsu by thesquirrelfish@sfba.social
2024-06-08T19:11:17Z
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@feld @FluentInFinance @sun Those almost entirely seem like government funded & subsidized industries that siphon money into the hands of the already rich at the expense of taxpayers, increasing inequality and disempowering individuals. I don't think any of them qualify as a 'need'. Production processes can take years to set up, and I agree complex is necessary, I'm not sure large is.
(DIR) Post #AijCGJDih81pMyBDrE by thesquirrelfish@sfba.social
2024-06-08T19:37:54Z
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@feld @FluentInFinance @sun right, and I'm saying that those funding models and scales are unsustainable and ultimately conflict with goals of addressing climate change. Yes, laws, regulations, auditing, risk management and insurance conditions will change. From my first post I have been saying that current funding models are dependent on insurance conditions that do not exist anymore and our risk management is not properly addressing modern risks. The fantasy world is that we can continue to practice in a business as usual manner.
(DIR) Post #AijDmAupCt3Ypk6JQO by thesquirrelfish@sfba.social
2024-06-08T19:55:25Z
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@feld The funding model does not predate the unsustainable business practices.
(DIR) Post #AijFz1G6cb7iYZJ6TA by thesquirrelfish@sfba.social
2024-06-08T20:30:08Z
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@feld yes, I think I understand your position. I disagree. My position is that the industry giants will not lumber on because advertising, for example, will cease to be a viable business model and there will be increasing risks to large CapEx projects. Those risks are decreased by decentralizing to many smaller more local projects. There's also increasing advantages for smaller and more flexible distributed manufacturing. Many of the efficiencies of large scale projects come from externalizing costs, and I think any system that continues to tolerate externalized costs for the profit of corporate giants will be unable to address climate change in any meaningful fashion.
(DIR) Post #AijHZ2FAXMDlzSbfCy by thesquirrelfish@sfba.social
2024-06-08T20:49:13Z
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@feld exactly. As long as we hold shareholder value as a value primary over externalized impacts we will not be able to meaningfully address climate change. This is why some people support a carbon tax in order to at least make it a financial consideration, although I don't think that will be sufficient.
(DIR) Post #AijOWE2QvauPNgFyy0 by thesquirrelfish@sfba.social
2024-06-08T21:17:25Z
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@feld again, laws will need to be changed. Obviously, business as usual practice has been unable to address climate change. I am expressly stating that the current financial & regulatory system is creating additional climate change that makes retirement planning increasingly unpredictable. The longer we fail to make systemic changes including regulatory & legal changes the worse climate change will get and the fewer outputs, including both material & profits & dividends will be available to be dispersed.
(DIR) Post #AivIFVwfNgj3jZsHuC by thesquirrelfish@sfba.social
2024-06-14T15:55:40Z
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One of the most depressing things is when I look at government jobs and see our budgets in action. It seems like most counties and large departments(Amtrak) are hiring for 20 versions of cops & prison guards, and then asking for people to volunteer for stuff like literacy tutors. Have they considered paying a literacy specialist might save them money on cops?
(DIR) Post #AjZid0iSQWHsLow9Tc by thesquirrelfish@sfba.social
2024-07-04T04:02:04Z
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@futurebird I have always hated bras and continue to feel forced into wearing them by social expectations. The first time it was some girls in middle school. Now it's just some sort of ... This is expected as part of professional wear. There's (large) men with at least the same size boobs as me working for the same organization and I bet we'd all be more comfortable if it was part of dressing comfortably rather than dressing gendered.
(DIR) Post #AyjoyDx4vfmOTH1smW by thesquirrelfish@sfba.social
2025-09-30T16:52:13Z
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Like if all those white men are thinking about Rome all the time... What's the excuse for not noticing the parallels to our current moment?#FallofDemocracy
(DIR) Post #B1zCpMGuVx9Rh74urQ by thesquirrelfish@sfba.social
2026-01-05T20:46:00Z
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@wjmaggos @scottjenson this! Because I think as a social space, many people have different levels of knowledge of a thing, so while Dr. Bender or others know the thing and don't need it repeated, some of the audience literally learned it today or yesterday or through that comment and have that, "ooh if you find that interesting there's also this interesting shiny fact" mentality which can be a wonder of social info sharing. For me the questions come down to: How do we keep that sharing "yes and.." spirit joyful instead of condescending? How do we keep the kid who just tipped their toes in the conversation and the person with a doctorate in the subject enjoying the conversation?
(DIR) Post #B2cHdIYsxbDIRBrGnw by thesquirrelfish@sfba.social
2026-01-24T00:20:15Z
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@ascentale @trouble @bikenite A1 bike-cartwheeling over cars in the bike lane prohibited, please go around From San Francisco