|
|
Originally Posted by Turbosina
(Post 4023018)
The Dow Jones index is literally just 30 American companies. It excludes utilities and transportation, and it is most certainly not representative of the overall US economy. If you only judge world events by whatever number the Dow happens to be at, I don't know what to tell you...
They can be looking for short-term gains based a variety of factors, not all of which are great for the economy. Overall I'd say the markets do reflect some degree of optimism that this will sort itself out before too long. That doesn't mean the market drivers are experts on geopolitics, or know what Trump will do however, |
Originally Posted by jerryleber
(Post 4023284)
Is it? How else would you compare all sorts of metrics between countries with disparate populations and at different stages of development? Per capita is how apples to apples comparisons of income, standard of living, consumption, etc. are made. It is much like using percentages and if one can't understand such simple metrics then they can be easily misinformed as is all too often the case.
A simple example would be comparing Alaska pilot pay to AA pilot pay. Obviously, we would not use how much each airline pays in total pilot compensation, would we? It sounds like you are advocating for dividing the entire company payroll/benefits amongst the entire pilot group to demonstrate total compensation. Someone points out you are not allowed to smoke at Alaska and that’s driving down healthcare benefit cost, lowering benefits cost per capita and you are repeating that it’s the only fair way and not hard to understand. “Obviously Alaska pilot’s total compensation is less because their employer spends less for health care coverage per capita” |
Originally Posted by Turbosina
(Post 4023102)
Good point. I forgot nuclear. Another solution that would make us so much less dependent on whatever the latest Gulf conflict du jour is....
But that doesn't insulate us from the global economy, which still is and will be for the foreseeable future, dependent on the global oil commodity. Again for those who might have missed it, oil is a global economy, and price swings largely affect everybody. It would be a lengthy and expensive process for most nations to achieve petro independence... they'd have to ban most or all exports, ban all imports, create large domestic stockpiles, and also build the right kind of refineries in the right locations. All of that is expensive and politically challenging. And that's for nations which actually have domestic reserves, like us. |
Looks like Crude is at $88 at the moment and a second round of peace talks are about to happen. The end of this fiasco could be right around the corner
|
Originally Posted by SoFloFlyer
(Post 4023306)
Looks like Crude is at $88 at the moment and a second round of peace talks are about to happen. The end of this fiasco could be right around the corner
|
Originally Posted by SoFloFlyer
(Post 4023306)
Looks like Crude is at $88 at the moment and a second round of peace talks are about to happen. The end of this fiasco could be right around the corner
|
Since this thread nominally is about energy in general, check out this link:
https://opengridworks.com/power-plan...s&panel=closed Every power substation, power generation (wind/solar/nuclear/coal/natural gas, etc.) in a quick scroll map. Fascinating. Really good stuff for state, national, and global energy flows. |
This war made me hungry for tacos for some reason.
|
Originally Posted by ShyGuy
(Post 4023420)
This war made me hungry for tacos for some reason.
|
| All times are GMT -8. The time now is 10:46 PM. |
Website Copyright © 2026 MH Sub I, LLC dba Internet Brands