Economic Impacts of Iran War
04-14-2026 | 08:00 AM
#982
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From: Engines Turn or People Swim
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,
04-14-2026 | 08:02 AM
#983
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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?
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”
04-14-2026 | 08:06 AM
#984
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From: Engines Turn or People Swim
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.
04-14-2026 | 10:51 AM
#988
Gets Weekends Off
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From: Enoch Powell Enthusiast
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.
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.
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