This financial loss is a report at a point in time about that point in time. A company's valuation is also reported at a point in time but it represents an aggregation of how much profit the company might generate across time (please forgive the layman's understanding). They are apples and oranges.
The biggest obstacles to Chinese vehicle sales in the United States are political and they are tremendous. Whichever party is blamed for their entry will lose Michigan for a generation and car dealership owners across the country
It certainly wouldn't help them but I don't know anybody in Michigan that isn't a c-suite that really cares that much about someone not buying American cars anymore. Most mechanics will tell you to buy a Toyota or Honda here. In the UP half of the cars are Subarus. The majority of automanufacturing has long ago left and nobody is happy about the quality of big 3 brands.
30 years ago I would have agreed, but most Michigan buyers at best begrudgingly buy American now.
this is a really good point. dealership lobbying is so weirdly under-covered and yet affects so much of our lived experience - from crash safety, to pedestrian experiences, to lemon laws. when I worked for the state consumer protection agency many moons ago, we had a drag-out fight with dealerships in the state legislature trying to advocate for having at least a nominal lemon law on the books. the original proposal would have protected consumers quite a bit - but it was quickly defanged with enough money flowing into the campaigns for the right rural legislators who sat on the right committees. I imagine this is the case everywhere with our legalized corruption system
Dems have long lost dealership owners. Those owners are a powerful lobby, but they're not popular... not many people enjoy the process of buying a car and getting it serviced.
the US lost all credibility. Nobody gives a fish about what the US says anymore. I bet their military is on par with Russia. Certainly the men in the US won't fight for a country that hates them.
I just reserve the right to speak honestly, and I'm also willing to have my mind changed. Lots of hypocritical assholes are magnanimous as a gesture. I'll spend 2 hours telling a homeless guy he's not Jesus and he's ruining his life and try to find him a job. I did that a couple nights ago. But that isn't magnanimity, fuck no. It's some kind of sheer Dostoevskyan desire to see humanity in everyone I meet because the token value of mine is only as good as theirs. That's how I define morality. Magnanimity can go to hell.
It's about a man who left home on a journey because something was bothering him and he didn't stop investigating until he figured out what it was.
It turned out (spoilers!) that he regarded his fellow men at an arm's length. He saw himself apart
I am of that kind and it causes me great pain. If I'm reading you right it seems you feel yourself in the thick of it with everyone. I hope you do not take that feeling for granted
I don't take it for granted. I think I brought up Dostoevsky because he portrays characters as representing two sides of the same coin: Those who keep at arm's length from society and those who dive into the thick of it. What's interesting is that both types of characters do so for all sorts of like orthogonal personal reasons! Their motivation in both cases is to bolster their own sense of safety or ego or to be who they imagine they want to be.
Thus my girlfriend, who's a bleeding heart bless her, took serious offense at my conversation with the homeless guy who thought he was Jesus. In her mind, the righteous thing would have been to hand him a dollar and say nothing, because he's merely a victim of his circumstances. She accused me of trying to humiliate him or make myseld better than him by asking him why he was dragging this misery around like a cross. She berated me for it, because in her view of herself, being a good person in society means something different than it does to me.
I took it under consideration that maybe, the way I choose to immerse myself is too self-aggrandizing. I ran into the homeless guy a couple nights later and he asked for a cigarette. I apologized to him if I'd been intrusive or tried to judge him. He sat down and told me he didn't mind at all, he's trying to get off the street and off drugs and he doesn't have a lot of long conversations with people.
Neither one of us was right, me or my girlfriend... and to your point, a lot of times I really do just want to keep society at arm's length. But then I don't filter myself when I want to say something potentially offensive, and suddenly I'm in the whirlwind of the lives around me.
It really is two sides of the same coin, because the sicker you are of the world the more you either divorce from it or engage with it... and a lot of times you want to do both.
I saved the story to read. Thanks for the genuine response to what I wrote.
If you are considered to be rich in terms of ways and means and generous of spirit as well, you really have it made in the shade. Traditionally speaking.
It reminds me of when people will use filler words because they haven't actually decided what thesis they're going to commit to yet. Just-in-time thinking.
Thomas Bayes would say that the population of people who hate Facebook is really big and the population of people who are scrupulous about whether or not their comments are specific to the matter at hand is relatively small
When I started as a SWE my TC was around $150K and that was in the early 2010s.
And the Levels numbers line up with new grad salary bands from back in 2019-20 as well.
Of course there is also a regional factor, but regional mobility has always been high at target programs (eg. It doesn't matter if you live in Seattle, San Francisco, or NYC but everyone will know UT Austin or Purdue).
reply