If covid were a new apartment we’d just put stuff we can’t use here in storage for a bit. Why does everything and everyone have to be continuously useful? Why can’t we put restaurants in a box labeled “restaurants” like I did our crockpot for the last year.
-
-
Though tbf I want to get rid of our crockpot so bad example. But each time we move a different small subset of stuff gets put into storage boxes. Doesn’t mean it’s useless. Sometimes I go years between needing stuff.
Show this thread -
We think of cost of capital and return rate, but capital (including human) has cold-storage value too. Maybe the rent is too damn high on capital storage too. It’s mainly used for really high value stuff like airliners and ships. Park till usable again. But we can’t park people.
Show this thread -
An economy that demands 100% utilization of all its assets 100% of the time is kinda primitive. We should have enough surplus and redundancy to run at like 70%. Clearly we sorta can but we treat it as brokenness. It should be a feature not a failure mode.
Show this thread -
Many multi-engine aircraft are designed to be flyable with one or more engines out of commission. It’s awkward and requires some fancy control but it can be done.
Show this thread -
Like, many things can’t, won’t, and probably shouldn’t come back but some stuff clearly can and should. Like restaurant dining and concerts. Seems silly that those sectors can’t be safely idled without threatening to crash everything. Box ‘em up for safe storage.
Show this thread -
That said a lot of the stuff that’s down is bullshit that shouldn’t come back. Just like every apartment move should see some fraction of your crap sold or trashed or donated to Goodwill.
Show this thread -
Sold = return the capital to market even if at pennies in the dollar. Take the loss. Trashed = shut it down. Deadweight loss.
Show this thread
End of conversation
New conversation -
-
-
even thinking in terms of deciding what to do with sectors = communism = VERBOTEN. the government, ideally, shouldn't even know what a business is.
-
Further, in any rare event where gov't is forced to shovel monety to private co., such as to sponsor research into a novel coronavirus, gov't shovel should not discrim based on if a company has any experience or experts re: pharma. Better to pick randomly.https://www.epsilontheory.com/the-grifters-chapter-1-kodak/ …
End of conversation
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.