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Joined 1 year ago
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Cake day: August 15th, 2024

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  • while not wrong things will not be significant that fast. The average car is 12 years old and so there will be many years of enough still on the road to support existing cars.

    Stations will greatly slow down building new gas pumps soon, but existing pumps are a sunk cost - you won’t tear them out without good reason as the money they make is still a nice addition to the bottom line for most stations…

    Spare parts often are available long after any new car uses that part - there is a lot of money in autoparts and so someone will make then for 15-20 years to get the market, OEMs keep their molds around just to makes spare parts for years. Modern cars the drawings are electronic so they can make new ones (at a cost) even without the molds. A machinist doesn’t care if the part is for a car, custom drum kit, or a widget factory - just will you pay them.

    Eventually gas cars will be colletcors items with fuel spercial ordered. however that will be many years yet,














  • One could argue that one of the Russian win conditions of the war in Ukraine must be to exhaustively deplete “western” stocks of Patriot missiles in the medium term.

    I would argue that is a loss - there are people in the US who watch those stocks. Those people are also watching the Ukraine war closely. You can bet they ask trying to figure out how many they will need should war break out and if they don’t have those numbers doing something about it. Expanding air defense to ensure it will fill the need is their job and they know their life is on the line if they fail (that is missiles get through)


  • It is also about how many people are interested. There are a lot of collectors items worth a lot of money because there are more people collecting than interested, there are also a lot that are not worth much because every collector that wants one has one already. Often there is a curve because when collectors get interested they pay money, which causes people who have one gathering dust in the attic to get it out and sell it and soon the market is saturated.

    You have no idea what collectors will care about in 20-50 years. As such investing in something because collectors will care about it and make it worth money is not a good idea. However there are a lot of neat things out there so if you like it go ahead and collect it - if you are the only one interested in 50 years well you have yours, if everyone wants it maybe you can pay for a nice nursing home from the sale. Either way if you have something you need to either enjoy it or use it.