On Shein:
- Their clothes are 65% polyester (double Zara & H&M!) - - Laundering polyester is responsible for ~35% of the microplastics in the ocean
- They ship between 2-3 billion items a year
- Their emission grew by 52% last year
- They've 10x'ed their lobbying spend in…
it's already priced in, everything, all of it, past, present, future, the infinite expanse of the universe,
you're priced, i'm priced, we are all priced, in
this guy was trying to cut the tsa precheck line and this lady in front of me was like "i think the line is back there" and he said "life comes in all directions" and then stepped in between us
Inflation stings most if you earn less than $300K. Here's how to deal:
➡️ Take the bus
➡️ Don’t buy in bulk
➡️ Try lentils instead of meat
➡️ Nobody said this would be fun
➡️ with
@dhtoomey
Are we manifesting a recession?
We seem to be in a Vibecession - a period of temporary vibe decline where the economic data says things are okay, but people aren’t.
wild stats on commercial real estate
• Blackstone said US offices now < 2% of portfolio, from > 60% in 2007
• Only top ~10% of office buildings in NYC are _not_ distressed
• NYC building recently sold for ~30% less than 2006 sale price
• ~$900bn in US cre debt coming due
This girl in the video is right.
The 9-to-5 is a relic of the Industrial Revolution! And people still want to work, but they want to work differently. Things don’t have to be how they always were. Instead of simply saying “life sucks, get over it” it’s time we say “life sucks,…
The term vibecession refers to widespread pessimism about the economy regardless of the actual economic situation. Learn more about the term and its origin.
"An average user’s conversational exchange with ChatGPT basically amounts to dumping a large bottle of fresh water out on the ground... Microsoft’s water consumption has increased 30% y/y to keep AI supercomputers online"
if he does sell, downward pressure on price due to $20b outflows, going to be a huge “buying opportunity” as everyone grabs the “undervalued shares”, the tesla meme feedback loop continues to spin, share price will go up, elon musk gets even richer bc stock go up, life is meme
The year is 2025. Elon Musk is President of the Divided Landmass. The reserve currency is SimpdogeBucks. All communication is done through 420 symbolism. Blackstone owns every building in the world. S&P Yield Farm 500 index. "esg blaze it" you whisper to the charles ponzi statue
i once did a highly questionable analysis on chicken nugget math and if you really want to max for pure protein chick-fil-a is best and burger king is worst
USDOT is concerned by Southwest’s unacceptable rate of cancellations and delays & reports of lack of prompt customer service. The Department will examine whether cancellations were controllable and if Southwest is complying with its customer service plan.
"Then there’s the work itself...the prevailing work culture, defined by baby boomers and Gen X, is already outmoded in being able to deliver the freedom Gen Z seeks."
wrote a piece on the future work - and how it's changing across generational lines
Gen Z is entering the workforce and rejecting the status quo. Born between 1996 and 2010, they have different ideas about work and fulfillment.
Why? As Gen Z financial educator
@kylascan
says in Fast Company's Summer 2023 issue, consider everything they’ve already experienced.…