Fuzzy comments

Posted in: Tokyo reports 434 new coronavirus cases; nationwide tally 1,695 See in context

@[email protected]

I would tend to agree. Except for the recent move away from contact tracing, I think the methodology has been fairly consistent. While I do not believe the absolute numbers (vastly understated I believe), I have some degree of confidence in the trend.

2 ( +2 / -0 )

Posted in: A Tesla for a bitcoin: Musk drives up cryptocurrency price with $1.5 bil purchase See in context

Deposits are insured in the US.

And you accuse me of spinning nonsense. Good one.

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Posted in: Tokyo reports 434 new coronavirus cases; nationwide tally 1,695 See in context

Whether or not these numbers are accurate or not doesn't really matter. I think we all know they're not accurate. The real question in my mind... is the methodology by which they are calculated consistent? If the methodology is consistent, then by zooming out and looking at longer term trends we can see if things are improving or not. If the methodology is not consistent, then the numbers are about as significant as a roll of the dice.

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Posted in: Man arrested for stalking woman repeatedly placed notes in her handbag See in context

This guy needs to work on his game.

13 ( +14 / -1 )

Posted in: Mori to resign over sexist comments; Kawabuchi, 84, tipped to replace him See in context

At 83 years old Mori was clearly not experienced enough for his posting. Luckily the new guy is 84. He ought to know better.

17 ( +18 / -1 )

Posted in: New COVID cluster in Melbourne grows to 11 cases See in context

I don't understand why JT runs so many Aussie covid stories... covid is raging all over the world, but JT like to report on Australia's minor outbreaks.

10 ( +14 / -4 )

Posted in: Driver on Seibu Railway train falls asleep while at controls See in context

@Hiro

Those are the moments where the driver comes in and take control of the train

So you are still acknowledging that there are circumstances in which the driver needs to be awake. It does not matter how rare these circumstances might be. The Seibu employees involved in this incident allowed this driver to continue to operate the train knowing he was not in a fit state to do so safely and putting the lives of potentially hundreds of people at risk. That should be instant dismissal for all involved.

1 ( +1 / -0 )

Posted in: Driver on Seibu Railway train falls asleep while at controls See in context

However, the driver continued to operate the train until a replacement was arranged.

Criminal negligence! Heads should roll for this.

1 ( +2 / -1 )

Posted in: Foreign volunteers for Tokyo Olympics stuck in virus limbo See in context

@llyfrgellydd

You summed it up perfectly!

0 ( +0 / -0 )

Posted in: No hugs or high-fives, but 150,000 condoms will be given out at Tokyo Olympics See in context

Organizers told AFP on Tuesday that they still plan to hand out around 150,000 free condoms to athletes, but the new rulebook urges them to "limit your contact with other people as much as possible."

So, quickies are highly recommend!

4 ( +4 / -0 )

Posted in: Former SMAP member Mori out for year after auto race injury See in context

SMAP, whose name stands for "Sports Music Assemble People," disbanded in December 2016.

Haha... classic only in Japan.

0 ( +2 / -2 )

Posted in: Americans take to 'buy now, pay later' shopping during pandemic, but can they afford it? See in context

Hasn't America been buying now and paying later for the last 50 years or more?

8 ( +8 / -0 )

Posted in: A Tesla for a bitcoin: Musk drives up cryptocurrency price with $1.5 bil purchase See in context

I can walk into any branch of my credit union and convert those numbers into hard cash to spend. 

Sure, right now you can. But ask a Greek person how that worked out for them in 2015.

Also, I understand M1 and M2, but, we're getting into the weeds now... Ask 10 economists to define "money" and you'll get 10 different answers.

I get it, you don't like Bitcoin. That is totally fine.

1 ( +1 / -0 )

Posted in: Japan pledges safe Olympics; medical experts aren't so sure See in context

Let’s say you’re the CEO of Nike as an example. You can go ahead and pour millions into TV advertising just as you are expected to and everyone will forget about not long after the show ends. Or, you could take stand and announce you are pulling out of the Olympics due to concerns they may further exacerbate the global public health crisis, further damaging the economy and livelihoods of your employees and loyal customers around the world. That is PR GOLD right there!

4 ( +4 / -0 )

Posted in: Japan pledges safe Olympics; medical experts aren't so sure See in context

This is a time for large companies to shine. Do the right thing and pull your advertising budgets for this. That will bring this farce to a stop real quick.

4 ( +4 / -0 )

Posted in: Japan pledges safe Olympics; medical experts aren't so sure See in context

"Mixing of people from so many different countries will simply accelerate the likelihood of new variants emerging."

This is bigger than the athletes and bigger than Japan. This potentially has global ramifications. But screw it right? The show must go on! Human greed at its worst imo.

4 ( +4 / -0 )

Posted in: A Tesla for a bitcoin: Musk drives up cryptocurrency price with $1.5 bil purchase See in context

@Desert Tortoise

The only people burning for these cryptocurrencies are so they can buy drugs, stolen property, illegal weapons or kiddie porn on line and think they won't get caught.

This narrative is way out of date and simply not true. This is the line governments are still peddling so that can move to ban it if they feel the need to.

1 ( +1 / -0 )

Posted in: A Tesla for a bitcoin: Musk drives up cryptocurrency price with $1.5 bil purchase See in context

@Strangerland

Neither of these are bubbles. 

It depends how you think about a bubble. Many people think of it as one time event. Price goes up, price crashes down, asset never recovers. I think a bubble is merely when an assets price gets ahead of itself in a dramatic way. In the case of Bitcoin the "bubbles" are a repeating pattern as Bitcoin goes through it's price discovery. The probability is high there will be a large price correction at some point allowing people to once again claim bitcoin is dead and a fraud. As for Tesla.... it's hard to argue with a straight face that it's value isn't far ahead of itself. It doesn't mean it will cease to exist after the bubble pops.

1 ( +1 / -0 )

Posted in: A Tesla for a bitcoin: Musk drives up cryptocurrency price with $1.5 bil purchase See in context

@Desert Tortoise

You are half right.

Yes, BUT.... the "reserves" that commercial banks are required to maintain are "reserves" held at the Fed and as you point these are not technically "money". These reserves are nothing more than numbers on a spreadsheet controlled by the Fed and backed by absolutely nothing. So while technically there is a fractional reserve requirement, in practice it is not what people think it is and it is based on nothing more than the whim of the central bank.

1 ( +1 / -0 )

Posted in: EU approves first shipment of Pfizer COVID-19 vaccine to Japan See in context

@Raw Beer

Got it. Thanks.

So the government has a choice. Buy the better syringes, or waste the vaccine. Seems like a simple choice, subject of course to available supply of the better syringes.

3 ( +3 / -0 )

Posted in: Asian stocks higher after Wall Street rises to new record See in context

I know I'll be downvoted, but I truly believe this is just the beginning. Buy US and Japanese stocks and buy as many as you can. 2021 will SOAR!

I think you can buy just about anything right now and do ok. About the only thing you wouldn't want to be in right now is fiat cash.

1 ( +1 / -0 )

Posted in: EU approves first shipment of Pfizer COVID-19 vaccine to Japan See in context

looks like india is in no rush to collect their darwin awards...

Or, their generics manufacturers are close to being ready to rollout a knockoff.

2 ( +2 / -0 )

Posted in: EU approves first shipment of Pfizer COVID-19 vaccine to Japan See in context

BUT, isn't it more serious the fact that the EU and USA have near 100% control of how much and who can get the vaccine even when they ordered and paid for it from a private company.

This is serious, but at the same time unfortunately not all that surprising.

0 ( +0 / -0 )

Posted in: A Tesla for a bitcoin: Musk drives up cryptocurrency price with $1.5 bil purchase See in context

Which is the biggest bubble waiting to pop? Bitcoin or Tesla?

I'd say Tesla for sure! But they're kind of tied at the hip now. Tesla may just be the thing that brings Bitcoin down in this cycle. Still, I'd be more comfortable buying BTC at these prices than Tesla.

5 ( +5 / -0 )

Posted in: EU approves first shipment of Pfizer COVID-19 vaccine to Japan See in context

@zoroto

Thanks for the clarification. I assume you meant each vial has a small area that can’t be reached. All makes sense now. And solution seems pretty damn straightforward too! Buy the right syringes for the job!

4 ( +4 / -0 )

Posted in: EU approves first shipment of Pfizer COVID-19 vaccine to Japan See in context

@anon99999

Are you sure you're getting that right? A new syringe would be used on each and every patient... so a syringe only needs to be able to hold one dose.

5 ( +5 / -0 )

Posted in: EU approves first shipment of Pfizer COVID-19 vaccine to Japan See in context

It appears each shipment requires EU approval, said the minister

It appears? This makes it seem like he's only learning this piece of information just now. Does this guy have any handle on the task at hand?

8 ( +9 / -1 )

Posted in: A Tesla for a bitcoin: Musk drives up cryptocurrency price with $1.5 bil purchase See in context

@Strangerland

They are pegged to precious metals, but banks/governments do not have the same value of precious metals in their coffers as the value of their currency in circulation. Rather, banks are allowed to lend X dollars, for every actual dollar they have. It's been decades since currency was backed by currency.

Actually, it even worse than this! They are no longer pegged to precious metals at all. Nor does the fractional reserve system exist anymore. It all starts with the stroke of a keyboard at the central banks of the world. Literally comes out of thin air!

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Posted in: A Tesla for a bitcoin: Musk drives up cryptocurrency price with $1.5 bil purchase See in context

@Roblib

I agree that corporate money helps legitimise. Microstragey was the first and Square has dabbled a little. Tesla is the biggest most famous company for sure. I just would have liked some less controversial corporates to get in before Tesla. The biggest risk Bitcoin faces these days is government feeling threatened by it and banning it. If they decide to do that they will use criminals/terrorists/manipulation as the excuse. A guy like Musk brings risk that other corporates wouldn't. That's the double edge sword.

@egads man!

BTC does not have intrinsic value backed by precious metals like normal currencies.

Hate to break it to you, but normal currencies are not backed by anything other than trust/belief, just like Bitcoin.

3 ( +3 / -0 )

Posted in: A Tesla for a bitcoin: Musk drives up cryptocurrency price with $1.5 bil purchase See in context

@Robliib

I think the Tesla news is a double edged sword. On the one hand it helps to pave the way for other corporates to follow suit, but at the same time, a controversial figure like Musk will bring unwanted attention. If Apple follows suit, then I'd say it's been de-risked.

3 ( +3 / -0 )

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