Balinares

joined 2 years ago
[–] [email protected] 160 points 1 year ago* (last edited 1 year ago) (27 children)

Macron's party got disastrous results and got trounced by the far right in the European elections.

He had been selling himself as the shield that protected France from the rise of the local far right party. With these results, he has lost his credibility, and therefore his government did as well.

Therefore he's calling out-of-schedule French parliamentary elections that -- I assume -- he hopes will reelect his party and allies ahead of the far right. It might work: the far right party polls strong at around 30%, but has few allies, and may not be able to form a coalition government. If Macron himself can, that will strengthen his legitimacy.

Needless to say, this is a risky gamble.

[–] [email protected] 2 points 1 year ago

Gotta admire this level of foresight, for sure. :)

[–] [email protected] 14 points 1 year ago (4 children)

Good luck getting your water to the right temp in a microwave without toeing the flashboil line, though.

[–] [email protected] 4 points 1 year ago

Thank goodness, fucking outta there is like THE special power of the Everest.

[–] [email protected] 20 points 1 year ago

Astounding, isn't it? That's publicly traded companies for you. The company's objective is to keep its stock up and up and up. That means shareholders must want to keep buying the stock, which in turn means that the company must demonstrate that its value will keep growing, so that by buying the stock today the shareholders will get a positive return tomorrow.

Of course, the universe is finite and no growth is forever. The end state for such companies is not bankruptcy, at least in the immediate, but, more or less, the IBM fate: a previously uber-dominant mastodon whose market capitalization is now worth maybe one tenth of its modern competitors. The fact that it's still turning a profit is only secondary: none of the big tech shops want to be the next IBM. Their executives are, after all, mostly paid in stocks.

And that's how you end up with companies that are making amounts of revenue you and I can't even comprehend flail in a panic like they're on the edge of the precipice whenever the technological landscape shifts.

It's both fascinating and remarkably dumb.

[–] [email protected] 18 points 1 year ago

Empirically: they are.

[–] [email protected] 13 points 1 year ago

Interesting deep dive and very much worth a read. I'd say it probably underestimates the weight of finance-related pressures coming from the CFO's office, though.

[–] [email protected] 12 points 1 year ago

Signed. Thank you for circulating this!

[–] [email protected] 15 points 1 year ago (1 children)

The Spathi warplane is coming along nicely.

[–] [email protected] 4 points 1 year ago

You can manually start the apps configured as .desktop entries in your autostart directory using dex. For instance:

dex --autostart --environment sway

Invoke the above from your Sway config and you're good to go.

[–] [email protected] 5 points 1 year ago* (last edited 1 year ago) (2 children)

Too real. They'll steal your heart alright, but god damn.

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