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Johnny Chimpo

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Everything posted by Johnny Chimpo

  1. I’m not sure I follow? I see your point about the money being available, but we should also consider that this is a capitalist society we live in. Shareholders demand returns. The government should set some clear priorities aided by either tariffs, subsidies, or clear policy that doesn’t flip flop when the person and party in charge changes. Uncertainty is the enemy of long term business investments. I am doing my best to keep this non political
  2. Yea, I would make a joke but after a certain the humor is just lacking.
  3. You need to come to an understanding of the geopolitical and macroeconomic backdrop of the situation. This metaphor reads a little defeatist to me. It’s high time western countries stopped hollowing out manufacturing, resource extraction, and energy production and depending on unfriendly nations to perform those functions for us. We will have to pay more for the privilege of increasing our manufacturing / commodity base. We also need to increase our global shipping fleet and stop depending on the Chinese companies like COSCO and China shipping for those functions. The inflationary impact of the global response to Covid aside, I believe the above reasons are why inflation will not moderate in the near term. Additionally, the global deflationary force that was China manufacturing from the 80s to now will not likely recur. Their workforce has progressed to the point of requiring higher pay to remain competitive.
  4. Who honestly needs that grinder? For French press / Aeropress / drip.
  5. I watched the geminids meteor shower from wild willy’s hot springs one year, it was amazing. We were in the hot spring surrounded by snow and the stars were falling. It was the most active meteor shower I’ve ever seen.
  6. Yea, I wouldn’t say Death Valley is a quick trip from Mammoth. I used to hang out in mammoth all the time when I lived in California. June lake loop is a fine idea, the beer at June Lake Brewing is tasty and the Tiger Bar makes a quality Bloody Mary. If you really want to check Death Valley off your list you could try hiking telescope peak. It’s a long hike but gets up to 11,000 feet and you can look down on badwater basin. Highest top to bottom vertical relief in the states.
  7. Magimix. It’s the consumer version of the robot coupe industrial food processor.
  8. Take the lump sum, put half into SCHD and half into VTI. Investing a lump sum is usually better than a lifetime fixed payout because of the effect of inflation over time. When you invest your lump sum you can get dividends and capital growth.
  9. If you don’t need money or make enough to need a tax break l, it’s Salvation Army or goodwill all the way every time.
  10. Wild high elevation trout have such a short feeding season they usually slam anything you set on the water. I can definitely attest to that. Usually they’re not too big (10” max) for the same reason.
  11. One of our friends has the Evoque and while it’s definitely not their top of the line, it’s been a pain.
  12. He probably has a second fully remote job and is working from home to ease his tasks. Half ass work on both but pulling down two salaries. It’s quite popular these days.
  13. Just to be clear what I wrote was definitely with this sort of thing in mind 😂
  14. Solid $2-3 of that is just California gas tax. That plus their requirements for special gasoline blends resulting in a limited supply to their market, which means they are trapped in a web of their own weaving.
  15. The exports go out of the gulf coast down to Central and Southern America. Due to the hesitance to build out further pipeline and the protectionist Jones Act we do not have the capability or capacity to transport the excess fuel from the gulf coast over to the east coast. The Jones Act requires that all goods transported by water between U.S. ports be carried on ships that have been constructed in the United States and that fly the U.S. flag, are owned by U.S. citizens, and are crewed by U.S. citizens and U.S. permanent residents. We simply do not have that many American made, American crewed product tankers.
  16. Gold is at 1841, lowest since Feb. I don’t really understand the gold price action in general. It seems to go down when you expect it to go up.
  17. The high inflation and low rates is by design, they are inflating the debt away. It’s financial repression.
  18. I work in international oil and gas in one of the former USSR states and I have heard some pretty wild stories from my colleagues who have worked in Russia, and many of them have. I have heard stories about everything from prison convicts being pressed into service as labor on projects that are behind schedule, oligarchs flying in to site locations on private jets to demand work is completed on schedule regardless of the safety consequences (critical crane lifts performed in extremely high wind conditions) then flying back out once the work was completed. And many others. One thing they all mention is the standard oil spill clean up response - launch some flare guns at it until it burns off then just carry on. So yea, they have a pretty shit safety culture and don’t care who gets injured or killed along the way.
  19. I skied there Sunday. It was pretty fuckin icy. I slipped out twice on some corduroy that I thought was groomed but was really just ribbed ice 😂. Didn’t help that I had brought my rock board which hasn’t been tuned in about 3 years.
  20. You guys have these regimes all wrong. They’ll do it in a heartbeat while claiming it’s all legitimately Russian grown grains, and denying any evidence to the otherwise.
  21. I wouldn’t have said anything at all if slapdick #1 and 2 didn’t have a twenty message private slapfight up there. That shits annoying.
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