So it was a .25% cut, with another .5% built in the next 3 months. The game continues to be running housing inflation has hot as possible by offseting it with falling wages. The stonk market had already priced it in.
The downward pressure on interest rates from falling labor
costs must not be underestimated. If interest rates were anywhere near
neutral for the last 100 years, the last human would have lost its job
100 years ago & they would be totally unemployable at any cost.
The lion kingdom's opinion on manetaining a 50/50 portfolio continues to be the impact of a significant stonk market decline, not having any buying power during a decline, & the lack of need for home runs. The FIRE gootubers absolutely need the highest returns they can get.
Despite record S&P highs, lions made most of their money from paychecks this year. It was definitely slow going. The mane stonk went sideways since its high in 2024 while the S&P is up 10%. At least the mane stonk is more capitalized.
There's no other place to put cash. Bonds are yielding below inflation again. Automatic 401k enrollment & default 90% stonk allocation in these plans is adding at least 5% to the annual index growth.
They've been printing more in the middle of the month to suppress long term yields.
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The gootube started spitting out Vancouver real estate videos for some reason. Ego Monger's husband got the hell out of there before he became wealthy. Others found their paradise there. Lions had a fascination with it because of the access to paid encounters, the scenic waterfront, & the cooler summers.
In reality, the winters are brutal. They might have had slight housing deflation last year. Not so, now.
Lion housing has only ever been determined by cost & jobs. Luxury only briefly entered the picture in 1998, when the cost was reasonable & the alternative was just too far away.
The georgia mansion sold within days. Everyone bordering that park is a god but the georgia mansion was special. The zestimates are low, especially since interest rates went down. Still remember the shock of everything in Sunnyvale one day popping $2.5M. Well, everything down there is now $6M & beyond while the lion den is the new 2.5.
The 20 year oscillation is quite profound, with everyone now getting out of the city & moving south. Good luck finding anything in down south.
The lion den has gone from a live-work neighborhood 20 years ago to a remote work 5 years ago to a bedroom community with very long commutes now. The large employers which once paid for all the housing moved out. The death of remote work converted the remaneing holdouts to commuters. There are a lot more commuters than 20 years ago.
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Noted the tube has begun listing a different set of formats with every invocation. It might transcode on the fly or it might be to defeat the --list-formats option of yt-dlp. Sometimes, it only offers AV01 for 4k. A few tries later, it shows VP9. H.264, H.265 are no longer offered. The newest format is AV01
ffmpeg has begun only supporting new formats in the GPU. AV01 has been GPU only for years & the lion kingdom either needs newer libraries or a newer GPU.
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Noted ffmpeg-8 now errors out if nasm is not installed on x86_64. Nasm does seem to support x86_64, but ffmpeg compilation fails with a lot of "operation size not specified" errors. The one in
vf_gradfun.asm can be commented out since it's a processing effect. The
one in aacpsdsp.asm is more problematic since it's a codec. It's
hardly worth the trouble, being an audio codec.
ffmpeg now requires --disable-x86asm to compile if nasm is installed. Nasm wasn't previously something lions installed for x86_64 since it previously only supported 32 bit. It might improve seeking in compressed video if ffmpeg compiled with it.
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