Well for one thing, different currencies have different rates of inflation. If one currency has 10% inflation and another has 1%, the second countries bonds at 5% will have a higher real return than the first, even if the risk of defaulting were the same, so the first country will have to offer a much higher coupon to find any buyers.
Also governments can influence demand, e.g. by mandating banks or pension funds buy their bonds, thereby pushing yields down, without changing the risk of default.
"John Marshall has made his decision; now let him enforce it!"
TBF I think most people in power are very comfortable with the profitable arrangement they have, so I don't see many/any of them going along with a revolutionary plan (unless they would end up in prison otherwise). Is it really worth the hassle if you can just stay in office and end up a multi-millionaire via inside trading? Let the populous deal with the real world
God willing. Lets not forget what what he and his cultist did last time he was meant to peacefully transfer power. Each time I think "No WAY they can do that!" Orange rocks up and pulls the rug on a meme coin.
About 15 years ago it really started to get corporate. Big money came in and created camps with air conditioning, huge RV's no bartering, etc.
Dustin Moskovitz and the like started going and wouldn't dare behave the ordinary peasants, by sleeping in tents, participating in the community, bartering for things.
Heck Zuckerberg took a helicopter there one year.
instead they just threw money at the event so they wouldn't have to do the things that made burning man, burning man.
Worth reading Dustin's personal account of his Burning Man experience: https://medium.com/i-m-h-o/radical-inclusion-vs-radical-self... (bear in mind this was written 13 years ago, I'm not sure Dustin would agree with everything stated, but the broad strokes feel correct.)
That post also explains Zuck's attendance. Zuck is not a Burner, it was a one-off visit encouraged by Dustin. Personally I think it was inconsequential in the long run but good for Zuck to have seen it.
The criticism you're raising about money being thrown at the event is broadly valid, but it does not at all apply to how Dustin approached it, IMO. Dustin did precisely what you are suggesting he didn't - slept in a tent, literally cooked and served grilled cheese sandwiches.
(Context: I was in the camp/village, attended 10 years 2009-2018, back once in 2025, have done a lot of playa art... and I also broadly agree with John Law's take.)
I work at a financial company and around 2019, the break room had a magazine called “Meetings” with a front-page article about how burning man and sxsw are the next big thing in corporate culture.
What are you talking 'corporate' - there are no corporate sponsors, and people having been coming in with their big camp A/C rvs for 25 years at least.
There's an airport there for 30 years - people have been flying airplanes and helicoptors forever.
> Heck Zuckerberg took a helicopter there one year.
The vast majority of the people I knew who flew in weren’t rich like Zuck, they just liked flying. It’s the only way to get a wristband that allows you to come and go at will (i.e. to run logistics for a camp) and avoid exodus if you had to leave that day.
15 years ago no one gave a damn about the rich people going to burning man. They were isolated in their camps. We were much more concerned with keeping our Sparkle Ponies alive.
the MCP server is a child process of whatever process you started, it inherits your UID, and ~/.ssh is readable by you. I didn't need to expressly give it anything, it had it from the time it was activated, that's kind of the point
What about writing in C. If you use a compiler its not your code that's running and not your work.
You are setting the bar way to high. We use LLM's for our coding and its most definitely our code and work. How would it be any different than a collogue writing code that you review and commit?
if you track their 5 year stock price you'll find the market fully agrees with you. It was $458 in 2021 and is $112 now.
The market caught on quickly that Atlassian's software fits into the group of software like Oracle or SAP that no one uses by choice and only uses because it was forced on them.
> ... Many forms of issue tracking have been tried, and will be tried in this world of sin and woe. No one pretends that Jira is perfect or all-wise. Indeed, it has been said that Jira is the worst of the issue trackers except all those other forms that have been tried from time to time; but there is the broad feeling in our company that the people should track, continuously track, and that client opinion, expressed by all project management means, should shape, guide, and control the actions of management who are their masters and not their servants. ...
No. I was adjusting a classic quote about something that is decried as awful and no one wants to do... except all the other alternatives are worse.
It's not so much that people want to use Jira... or that they're forced to use it... but rather that people try using some other system and despite how much they dislike Jira, that other one has bigger failings.
Could go for a Bjarne Stroustrup quote with a twist:
> There are only two kinds of issue trackers: the ones people complain about and the ones nobody uses.
... but I like the Churchill quote.
Go through https://en.wikipedia.org/wiki/Comparison_of_issue-tracking_s... and after a year they'll be begging to go back to Jira... not because its great, but because the other tool lacks some necessary feature that Jira provides. Jira does everything that everyone wants, and it's awful... but everything else is worse.
> It is architecturally impossible for an LLM to associate a link or citation that it crawled with a response that comes out the other end.
I mean, its not. Lots of LLM's focused on finance do this already.
Bloomberg's own ASKB produces results and provides links back to the source documents or urls that it references so people who care about correctness can verify the results.
Trump is trying to buy FIFA, and trump is the eternal leader of the people's democratic republic of America, therefore any anti-fifa posters are communist anti-americans.
> let's be clear here - he didn't actually "lose" a ton of money. he was up 439% net in the first half of 2026.
He's down 67% on the month. He most certainly lost alot of money.
He'll be fine and i think he'll be successful at raising more money, and he's still up on the year as far as I've been told by LP's, but he sure did lose alot of money this month.
Aren’t month over month gains and losses aren’t particularly surprising nor noteworthy when you’re operating a leveraged fund? Shouldn’t one expect higher volatility, but also higher returns?
yes, monthly returns are expected to be volatile for a fund like this.
No in that, no LP wants 2/3rd down months. That kind of swing is insane.
That' means any LP that invested in the past 3 moths is completely wiped out, as in their full investment into the fund is at zero.
Now most LP's are probably investors for 6 months or more so they'll be ok.
What I'd be worried about is that if its true that he liquidated his entire public portfolio and only holds privates, where are the returns going to come from when anthropic is currently valued at what it is likely to go public at, and where is investor liquidity going to come from when they want to redeem.
He looks like he's turning his fund into a venture capital fund, which might be for the best given that he seems good at that and poor at running a hedge fund that invest in public securities.
That's not what rates indicate. its one component, but its far from a straight line from higher rates to more risk.
You can't really compare bonds that pay in different currencies by Rate alone.
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