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Joined 1 year ago
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Cake day: August 8th, 2023

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  • Don’t they have many trillions in reserves?

    Right now China has about 3.2 trillion in ForEx of all kinds and currencies which means that this bailout represents nearly half of the total.

    ForEx is an extremely complicated subject, way too much for a single post, but it is essentially the lubricant for trade. If you don’t have enough of it in the right currency on an hourly (or less) basis to support your imports and exports then the machine will seize up.

    So what China is doing here is risky as hell and if it doesn’t work they will soon have the same kind of financial problems that Iran does and that is stupendously bad for an export based economy.






  • I’d imagine there’s a few reasons for the variation in driver training between upstate NY and Wyoming.

    1. Road Speed. Here in Wyoming our highways are 65-70MPH (posted) and most of the Interstate is posted at 80MPH. You can generally figure that everyone is doing at least 5MPH over that. The higher the speed the less time you have to react and the harder it is to lightly twitch a vehicle to one side or the other.
    2. Road layout. You commented about swerving into the shoulder but most of our highways have a shoulder width of 48" or less and on the other side of the shoulder there’s commonly a ditch. It has to do with the wind and snow we get here but if you twitch onto the shoulder here you are likely to encounter a very unwelcome surprise.
    3. Animal differences. In upstate New York you’re dodging Whitetail deer, here you’re trying to dodge Antelope (which are nearly as fast your car) Mule deer, Elk, Black bear, Brown Bear, and the occasional Moose. The bigger the animal the harder it is to dodge.

    The way you describe upstate NY is how it was taught to me when I grew up in Nebraska but it’s not what they advise in Wyoming. Here you stay in your lane and slow down as much as you can before impact.



  • Is there a longer video anywhere? Looking closely I have to wonder where the hell did that deer come from?

    I have the same question. If you watch the video closely the deer is located a few feet before the 2nd reflector post you see at the start of the video. At that point in time the car in front is maybe 20’ beyond the post which means they should have encountered the deer within the last 30-40 feet but there was no reaction visible.

    You can also see both the left and right sides of the road at the reflector well before the deer is visible, you can even make out a small shrub off the road on the right, and but somehow can’t see the deer enter the road from either side?!

    It’s like the thing just teleported into the middle of the lane.

    The more I watch this the more suspicious I am that the video was edited.





  • That’s what THIS fight is about. Qualcomm bought Nuvia and in a nutshell they believe that they acquired Nuvia’s ARM license with that purchase, now they’re starting to sell chip designs that were done by Nuvia using their ARM license. ARM disagrees that Nuvia’s license transferred to Qualcomm and so here we are.

    The reason ARM is freaking out about this is because ARM sells functional designs and that’s what Qualcomm is starting to do with what they bought from Nuvia. Historically ARM has sold designs and Qualcomm sold chips but now ARM wants to start selling chips and Qualcomm wants to start selling designs.

    ARM may still be the good guy but they are not what / who they used to be. Softbank, the Japanese owner of ARM, has been losing its ass on tech investments and they want $$$. This is why ARM did their IPO last fall.

    Both ARM and Qualcomm now have the same fiscal pressures so they’re going to start acting in a similar fashion.