It doesn’t cost much to keep the lights on. As far as I know, X post-acquisition is not investing in innovation anymore.
Musk might have been right that shifting to KTLO mode was a good idea, but the company would still be better off if someone other than him had bought it and done the same thing.
yes, I do mean Firefox specifically. Mozilla fundation is not Mozilla corporation. The money you give to the fundation is for their charity work, none of that goes to the development of Firefox.
Checks in their current form need to be sunsetted. Either have a way of printing a check locally that have QR codes that include recipient's name and the sender's financial institution. No static routing and account numbers.
Unfortunately the US Dollar is devaluing. In the past year the dollar went down by 11%. That means SP 500 which has gone up 13% in the past year has only gone up 2% for a European.
It's a matter of perspective, for the US administration, that 11% drop is reason for celebration.
Their goal is to make American blue collar manufacturing jobs viable again, and part of the plan is to make it cheaper for other countries to buy their goods.
It's not the first time the dollar has been intentionally devalued.
Well no thanks, the US is going the same path Hungary and Turkey, just with a 10 year difference, autocrats are never good for business.
As soon as Trump came in power I sold all my dollars and I was wise to do it.
Expect things to go much more worse from here, this is only the beginning. For now the FED has relatively been untouched, it's not going to stay pristine forever.
yup, by going after Powell he is threatening the rest of them to vote the way he wants in the future.
While it would be great if people of the US started to show some backbone and resist this fascist takeower, I'm quite pessimistic. What's going on makes me really sad.
OTOH it's not too late!! We have seen trends like this turned around before.
If you are rich enough, it isn’t rocket science to avoid capital gains taxes in the EU. And by rich enough, just a few hundred K. (See the related FIRE Reddit boards)
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