A blessed Sabbath, Gerbil Nation!
Good morning, Fatwa!
I heard that most of Melvin Capital’s shorts on Game Stop were due this past Friday. It will be interesting to see what happens on Monday. Is retail buying halted, again? Does another hedge fund attempt another rescue attempt, as Citadel did last week? Does Biden announce another TARP program to bail out Melvin (who has lost 53% of their assets)?
Good morning, Fatwa, and Paddy -- happy Sunday, boys.
I was curious about something John Kerry said last week in support of the coming green new deal reset about wind and solar technicians or installers being the projected fastest growing jobs pre-Chinese flu. It didn’t sound right.
Anyhow, I found this little fact check article that contained this blurb:
“Wind turbine jobs are projected to go up by 4,300, from 7,000 to 11,300 in 10 years. The solar installer jobs are projected to go up 6,100, from 12,000 to 18,100. That’s a total increase of just 10,400 jobs — leaving 20,000 coal workers still toiling in the mines. (Oops, we got a bit carried away with our language in an earlier version of this article, so have corrected the previous sentence. The 50,000-figure refers to all workers in the coal-mining industry; there are a little over 30,000 workers who work underground.)”
What bullshit from Kerry. Yeah, maybe a fast growing industry because the number of workers is so small. The other thing that bugs me is the rather loose definition of “renewables”. Solar panels do not last forever. In fact, today’s panels last considerably less than their predecessors, so you are looking at 10-15 years of serviceable life before replacement.
Lazy pet Sunday greetin’s, GN!
Sven --
Hope Jack Tatum continues to avoid trouble (and vet bills for you and Mrs. S.).
Wonder if we’ll soon see a ban on guerilla billboards:
https://nypost.com/2021/01/30/redditors-buy-times-square-billboard-as-gamestop-stock-saga-rages/
That’s right up there with the local hack of a digital billboard in a tony part of ATL which displayed “Goatse” a few years ago, IMO.
Us, too, Fatwa. He’s an odd one.
A blessed Sabbath, Gerbil Nation!
Good morning, Fatwa!
I heard that most of Melvin Capital’s shorts on Game Stop were due this past Friday. It will be interesting to see what happens on Monday. Is retail buying halted, again? Does another hedge fund attempt another rescue attempt, as Citadel did last week? Does Biden announce another TARP program to bail out Melvin (who has lost 53% of their assets)?
Good morning, Fatwa, and Paddy -- happy Sunday, boys.
I was curious about something John Kerry said last week in support of the coming green new deal reset about wind and solar technicians or installers being the projected fastest growing jobs pre-Chinese flu. It didn’t sound right.
Anyhow, I found this little fact check article that contained this blurb:
“Wind turbine jobs are projected to go up by 4,300, from 7,000 to 11,300 in 10 years. The solar installer jobs are projected to go up 6,100, from 12,000 to 18,100. That’s a total increase of just 10,400 jobs — leaving 20,000 coal workers still toiling in the mines. (Oops, we got a bit carried away with our language in an earlier version of this article, so have corrected the previous sentence. The 50,000-figure refers to all workers in the coal-mining industry; there are a little over 30,000 workers who work underground.)”
What bullshit from Kerry. Yeah, maybe a fast growing industry because the number of workers is so small. The other thing that bugs me is the rather loose definition of “renewables”. Solar panels do not last forever. In fact, today’s panels last considerably less than their predecessors, so you are looking at 10-15 years of serviceable life before replacement.
10-15 years of serviceable life? And the ROI is estimated to be 20 years? What a deal!