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DefiantTostada

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DefiantTostada ,

For more modern CT-likes I would recommend Chained Echoes and the soon-to-be-released Sea of Stars. Chained Echoes was fantastic.

DefiantTostada ,

The wafer equipment market has more US roots than the fab market, as many tools are designed here (even if built in Asia). Their supply chains are different than TSMC/Samsung and less localized to “home country only”. Also, TSMC was bringing their supply chain with them for AZ.

DefiantTostada ,

Two points:

  1. It’s the fiscally responsible thing for these pension funds to do. They have diversified investments, including S&P500 stocks. I hope the police and firefighter pension realized all those TSLA gains.
  2. Institutional investors have POWER, and we don’t want all institutional investors to be investment banks. Why isn’t it good news that a union pension fund is holding a greedy board accountable for outsized executive pay? These guys saw a material impact in their investments at TSLA due to board BS and sued the board.
DefiantTostada ,

When the government is expected to provide such generous benefits (half his salary in Spain, per the article) it seems that something has to change. It’s even good that some people are working past that age, and continuing to pay into it for others. It seems inappropriate to ask the people who are depending on the pension to reduce benefits or pay more- why not ask more of the true beneficiaries of their labor?

My US-centric view is less rosy, as we get WAY less in pension and limited healthcare…all the while there are literal billionaires who pay no taxes. Keep the benefits, tax the rich.

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