brenthutch

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Everything posted by brenthutch

  1. brenthutch
    Then why is Germany firing up its old coal plants instead of adding more wind and solar? Why do India and China continue to add coal fired capacity?
  2. brenthutch
    Considering coal is in fact a stone, we still are very much still in a Stone Age of sorts.
  3. brenthutch
    U.S. emissions hardly matter. It’s China, India and to a lesser degree the rest of the developing world that control the future of coal consumption. But having the world’s largest reserves of coal, we will continue to mine and export it. https://www.statista.com/statistics/265510/countries-with-the-largest-coal-consumption/
  4. brenthutch
    https://time.com/6180579/germany-coal-power-russia/ “Germany is resorting to desperate measures to keep the lights on and its massive industrial parks running, turning to dirty fuels even if that means a surge in carbon emissions. The nation has almost six gigawatts of facilities that are currently part of a national reserve, many of which were supposed to be closed down as part of the coal phase-out plan.” Can someone please tell me why they just don’t put up more solar panels and windmills? (Since they are cheaper, cleaner and more scalable )
  5. brenthutch
    FIFY
  6. brenthutch
    Because my post was about mask mandates not masks. If you want to start a thread about how effective masks are in a controlled, laboratory environment be my guest.
  7. brenthutch
    https://images.app.goo.gl/fLEmrTvzMzHsiZYm6 Funny
  8. brenthutch
    I just like to share, what can I say.
  9. brenthutch
    https://www.nytimes.com/2022/05/31/briefing/masks-mandates-us-covid.html “In U.S. cities where mask use has been more common, Covid has spread at a similar rate as in mask-resistant cities. Mask mandates in schools also seem to have done little to reduce the spread. Hong Kong, despite almost universal mask-wearing, recently endured one of the world’s worst Covid outbreaks.“ Public service announcement
  10. brenthutch
    Sorry that would be only 1.2 trillion dollars https://www.cnn.com/2021/07/28/politics/infrastructure-bill-explained/index.html
  11. brenthutch
    Didn’t we just spend more than two trillion dollars on infrastructure?
  12. brenthutch
    I am not a fan of Trump, he is a despicable human being. That said the numbers are the numbers.
  13. brenthutch
    Orange man bad.
  14. brenthutch
    Most covid deaths have occurred under the Biden administration
  15. brenthutch
    Bidenflation is so bad that working class folks have to go into debt just to put food on the table
  16. brenthutch
    Neither it was COVID. 90%+ did not loose their job during the pandemic so they were still earning money but couldn’t spend it because of the shutdowns. There was no need for the Democrats money party to dump another two trillion on an economy that was already quickly rebounding. That along with Biden’s war on fossil fuel has given us the inflation we haven’t seen in a generation.
  17. brenthutch
    Given that the economy contracted 1.5% in the first quarter and inflation and interest rates have only gotten higher, it doesn’t seem out of the realm of possibilities. A mitigating factor would be the two trillion additional dollars sitting in folks checking accounts since the beginning of the pandemic. That pent up demand can go a long way to mitigate the impact of higher interest rates.
  18. brenthutch
    It depends on how high. A return to historical norms? Perhaps no. A Volckere-esque 20%? Most definitely so.
  19. brenthutch
    You question doesn’t make sense. Define higher than anticipated.
  20. brenthutch
    “Although this was an expected, and highly talked about potential ‘oversold’ rally, the underpinning for today’s market climb higher” Just like I said https://www.cnbc.com/2022/05/25/stock-market-news-futures-open-to-close.html
  21. brenthutch
    In the past few months the DOW dropped seven weeks in a row (I believe that may be a record) in anticipation of a slowing economy. The recent rebound is nothing more than proof of the old adage, buy low sell high. The market may be over sold which is bringing in some bargain hunters. You really don’t know how this works do you?
  22. brenthutch
    The poor are not usually in a position to take advantage of an all cash deal
  23. brenthutch
    Just like you said I was lying about the DOW dropping for seven straight weeks.
  24. brenthutch
    If you are predicting higher than anticipated interest rates, they aren’t all that unanticipated. What is your point?
  25. brenthutch
    Any drop in the price of a house is more than offset by the increase in interest rates.