There are other factors at play as well, such as the increased costs of building new homes due to regulations, materials, and labour - and also the availability of mortgage finance. If banks moved fr… (View Post)

I’m still amazed that Biden and Blinken didn’t use every bit of political capital they had left with OPEC, to get them pumping like crazy in the run up to the election. Nothing would have helped more… (View Post)

Military accounting does seem rather weird. A HIMARS truck doesn’t cost $100m, it cost about $5m two decades ago, but the new one that will replace its capability, of the 2025 model, costs $100m. Tha… (View Post)

Freakonomics covered that in one of their books. A piece called “Why do drug dealers still live with their moms?” https://www.latimes.com/archives/la-xpm-2005-apr-24-oe-dubner24-story.html There’s ev… (View Post)

This has been happening since the first days of the war, and the numbers are likely unreported by an order of magnitude. The only conflict of recent times from which there appear to be no orphans, an… (View Post)