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fred_is_fred commented on Oracle's $10B Michigan data centre in limbo after Blue Owl funding talks stall   ft.com/content/84c147a4-a... · Posted by u/bgwalter
fred_is_fred · 10 hours ago
Another free version of the article. Archive doesn't work for me for some reason - https://finance.yahoo.com/news/oracle-stock-sinks-as-reporte...
fred_is_fred commented on High-income job losses are cooling housing demand   jbrec.com/insights/job-gr... · Posted by u/gmays
bluGill · 16 days ago
Somewhat, but remember that house prices are sticky. If I can't sell my house and get into one with a similar value (both price and features) with near net zero change in my debt and payments I'm likely to stay put. Of course once I decide to move I'll be looking at cheaper and more expensive places, but if I can't break even on a like for like move why would I move? I'll just ride this market out for another 10 years. (note too that my mortgage is less than 3% - one more reason moving anytime soon would be a terrible thing for my life)

If my house is worth less than what I owe then moving (selling short) can make sense.

Houses are not just an investment for most people. There are investment factors, but they are also the place you live. Thus most people cannot just sell or not - they also have to consider where will they live next if they sell. Even if I knew exactly where the bottom would be odds are I'd still not sell because I don't have options to live elsewhere.

fred_is_fred · 16 days ago
> If my house is worth less than what I owe then moving (selling short) can make sense.

I believe this varies by state but I thought in some states the lender can come after you for the difference and in others you can just walk away (albeit with a credit ding).

fred_is_fred commented on Harley-Davidson Dealerships Are Shutting Down Across America   jalopnik.com/2029438/why-... · Posted by u/bookofjoe
fred_is_fred · 23 days ago
Harley is in a tough position. Despite the marketing it's mainly for people 55+ who make a good salary. The joke was always that if you lost a fight to someone on a Harley at least they could fix your teeth (since they're all dentists). As someone who's well on his way to 55+ there isn't anything less cool on the planet than a brand for the olds. It's the Buick of motorcycles.
fred_is_fred commented on Booking.com cancels $4K hotel reservation, offers same rooms again for $17K   cbc.ca/news/gopublic/go-p... · Posted by u/thisislife2
fred_is_fred · 24 days ago
I know it's not a popular opinion but at this point I think anyone who books through a 3rd party basically gets what they deserve. There are no end to horror stories here and with the modern internet there's no reason to use them. In 2002 it was a different story. It may not have prevented this situation but the 3rd party bookers take a cut from the provider and offer you absolutely nothing in return. Just book direct.
fred_is_fred commented on UK's first small nuclear power station to be built in north Wales   bbc.com/news/articles/c05... · Posted by u/ksec
RobotToaster · a month ago
A big part of the cost is design. China has built a lot of nuclear capacity at a low cost by essentially copying and pasting the same design, something that should be even easier with SMRs.
fred_is_fred · a month ago
I believe France does (or did) this also. The US seems to be the one country to custom design each one.
fred_is_fred commented on Tesla Is Recalling Cybertrucks Again   popularmechanics.com/cars... · Posted by u/2OEH8eoCRo0
fred_is_fred · a month ago
This is real-time aerodynamics and weight reduction. Elon is 10 steps ahead of you plebes.
fred_is_fred commented on The last-ever penny will be minted today in Philadelphia   cnn.com/2025/11/12/busine... · Posted by u/andrewl
balderdash · a month ago
Why can’t we do a reverse split of our currency? Print new dollars and change and on some date new dollar is the effective currency and you can trade in 10 old dollars for one new dollar?
fred_is_fred · a month ago
What would the net outcome of this be besides smaller denominations having more value?
fred_is_fred commented on Waymo robotaxis are now giving rides on freeways in LA, SF and Phoenix   techcrunch.com/2025/11/12... · Posted by u/nharada
fred_is_fred · a month ago
Have any of these companies made progress that would bring them to cities that get snow? I assume that's what is locking out Chicago, New York, Boston, Philly, Denver, etc.
fred_is_fred commented on Waymo robotaxis are now giving rides on freeways in LA, SF and Phoenix   techcrunch.com/2025/11/12... · Posted by u/nharada
cleandreams · a month ago
I'm amazed no one brings up the obvious: the need for reactions that are reliable at high speed. There is no way I will trust my tuckus to a freeway driving Waymo for a couple of years.
fred_is_fred · a month ago
I understand the sentiment- really, but I am not sure that most human drivers have reliable reactions at high-speed either.

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u/fred_is_fred

KarmaCake day1477October 24, 2014View Original