eigerjoch

eigerjoch

@eigerjoch.bsky.social

mostly economist articles, photos of mountains and American politics

449 followers149 following6.4K posts

Quote of the day from @matt-levine.bsky.social “if you have a small brokerage account and are constantly buying stocks and selling them an hour later, chances are that over the long run you are just transferring money from your account to your broker and a market maker.”

I think anyone stupid enough to do such a thing is only going to lose all that money on a horse or similar if deprived of the ability to day trade, so leave them to it.

Found a v smart new paperback edition of ‘The Hogfather’ in Waterstones. Just been reading the section where Hex is asked to help. And um, one of the characters makes a rather pertinent-tho-written-years-ago point that Hex cannot think, it just gives the appearance that it can.

Hang on does ‘the cheese cake factory ‘ not mean ‘we sell cheese cake?’ I assumed it was a specialised desert emporium :) but am listening to a podcast and they’re implying it’s all about cheesy decor

HMRC’s passive aggressive emails are taking a new tack. ‘More and more people are starting their tax return early…’ oh ARE they ;) (I actually do make a slow start on mine around now but the emails make me want to halt progress out of bloody mindedness;)

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nobody else seems remotely fazed by the continual ‘destination waterloo’ announcements so either i’m the only one listening or it’s some circle line esque train that everyone familiar with

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i think it’s some bizarre thing where they’re listing all the stops including after it turns around at teddington i mean since when was that a thing

i do believe an american opposite on victoria line was bitching re the tube being ‘very expensive’ and now my hackles are up on behalf entire network ;)

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two train changes later am still indignant ;) i bet he bitches about the cost of gassssss too even tho that’s also not expensive by any sane standard ie not america

i do believe an american opposite on victoria line was bitching re the tube being ‘very expensive’ and now my hackles are up on behalf entire network ;)

secondly at least we HAVE a tube not ‘hey you want to get from there to there sorry this city is for tank drivers only and also we don’t do pavements’

eigerjoch reposted

If you’ve read stuff about cyber’s “Black October” it’s worth reading this quote from one of the human beings who found the PHP bug (with the help of AI, AI didn’t find it) Key quote (what happened is big & scary but neither new nor apocalyptic Full article (£) www.thetimes.com/uk/crime/art...

to my mild surprise the Invalides - who amongst other things have lovely paintings -seem to be open, so thought I’d potter over. no problems but a CRS guy searched my bag b4 i was allowed into the area. which is v quiet

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to my mild surprise the Invalides - who amongst other things have lovely paintings -seem to be open, so thought I’d potter over. no problems but a CRS guy searched my bag b4 i was allowed into the area. which is v quiet

There’s a woman over the road in a jaunty red beret. Would v much like a beret - as opposed to my usual caps - but always suspect I could not pull one off :) and over here I’d be twigged as ‘trying to look French’ :)

eigerjoch reposted

Replying to @leonardocarella.bsky.social

Like, someone should explain to Americans that - no - prices will not go down, prices will go up but by less and by the same amount wages go up, and someone should explain the French that - no - you cannot retire at 60 when life expectancy is 83 and fertility rates are below population replacement.

eigerjoch reposted

The fact that Western publics are unreasonably mad at objective trade-offs and tolerable living standards (and have to make up new words to describe a nebulous “crisis”) is bad because it generates real crises (avoiding trade-offs causes debt crises, grievance politics cause democratic crises).

Will Stancil@whstancil.bsky.social

“It’s real, even if it doesn’t show up in charts.” How do you know it’s real, then? How do you know that you’re not simply insisting on a reality you prefer, in the face of evidence? How would you support your view? Is it falsifiable, at all? How are you any different from MAGA in this respect?