We were talking about covid era trends specifically. Covid peaked around 2020-2022 and it's difficult to determine what other trends during that time period are directly caused by covid, or correlated, or even unrelated. Long term generational trends don't tell us as much about what was or wasn't caused by Covid itself.
why can't the name be 'scape goat'? Since that's what they are - the "real" responsibility rests on the owners, and they happily shed it as limited liability ownership of shares.
> Methanol poisoning stories in the news almost exclusively result from people trying to sell denatured or industrial alcohol
Pretty sure this was a relic of prohibition right? The feds would contaminate ethanol with methanol to keep people from drinking it, but then they hurt a bunch of people and never faced any consequences...
> Pretty sure this was a relic of prohibition right? The feds would contaminate ethanol with methanol to keep people from drinking it
We still do this now. We don't do it because alcohol is illegal, we do it because we levy higher taxes on non-poisonous alcohol, and if someone decides to drink the poisoned alcohol, they deserve what they get.
During the covid period, the price of hand sanitizer, which is thickened alcohol, rose to exceed the price of drinkable alcohol.
Several beverage factories proposed to rework themselves to produce sanitizer instead, which would have been good for everyone.
But they couldn't, because federal law would have required them to poison the sanitizer, which would have contaminated their machinery so badly that they would have been unable to switch back to producing drinkable alcohol afterwards.
So - even if we ignore the idea that intentionally poisoning people is wrong - there was a serious cost to the legal regime, one that still exists.
This is false. Several breweries and distilleries started producing sanitizer basically overnight [0]. The requirement to add denaturing components to alcohol was suspended during the pandemic specifically to allow it [1].
In my opinion you are mostly right. I lived in a Detroit suburb when the city's population dipped below 1M, which was a big deal at the time. 1M was a federal funding floor or something like that so they were literally rounding up homeless people to try and make the cut... unfortunately it didn't work.
I think there is an untold story here about the part that the automobile played in the fall of Detroit. Detroit probably experienced more sprawl than other cities due to the influence of automobiles on the local economy. You only need to drive around Bloomfield Hills for 10 min to know that the metro has plenty of money, but the people who could afford 2 cars weren't staying in the city proper.
On the flip side it was a terribly exciting place to live at that time. Detroit still had excellent music, sports, and entertainment. Unlike the major metros on the coasts, I never knew anyone who had a problem making rent or had to work extra jobs to get by. A double edged sword I suppose.
The book was good but I struggled to finish it. You as a reader are encouraged to read because the ideas are so good but then it becomes hard to endure through to whatever resolution was waiting. For those unfamiliar, it will feel something like Momento - you start to feel yourself changing as you work through it. Worth a go for anyone looking for something different.
I know I must have read it, because I've found the book here with a page marker, but I don't remember much. I also can't find the book right now - it must be in my office somewhere.
thats the game though. Elon is selling a "slice of the future" and everyone starts having FOMO... the result is a P/E ratio of 300 or whatever crazy number. We will all agree that the company isn't worth that, but theres a bunch of people happy to buy meme stocks that will make a ton of money without the slightest idea of how to value stocks. Botton line an asset is worth what people are willing to pay for it.
reply