@kairyssdal Financial services (the Chase card): predictable risk, high profit. Operating an airline: unpredictable risk, unpredictable profit. I’m glad we have airlines, but I’d much rather have a piece of the credit card business.
@futurebird The lesson many people may have learned on Twitter is that the only safe way to use social media is strictly as passive entertainment. Hard to break that habit.
@kairyssdal Without pretending it’s deliberate - Musk obviously has impulse control issues causing him to make poor business decisions - there is an upside to this. Conservatives currently don’t buy EVs: if they can proudly drive a Musk-mobile, that is a win for the environment. Tesla could end up with an unassailable niche market as the EV for the right.
@Hhesterm Hand-wringing was perhaps understandable about US response to the prior Nat Sec decision. But “WTO can go suck eggs” seems a fully appropriate reaction here.
@rbreich Blaming the Fed seems counterproductive. They have only one tool. I’m sure they would love the option to raise taxes as well as interest rates to address inflation, but that’s a power Congress will never give them.