• 3 Posts
  • 34 Comments
Joined 1 year ago
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Cake day: July 1st, 2023

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  • While a sanity check on the absolute value is good I would argue that the most impactful data presented here is the rate at which debt is growing.

    Yes, debt was paid off during COVID but now that the free money has dried up people are racking up debt much quicker than before. So while the current value might be in line with previous trends the rate at which debt is accumulating is what is alarming.

    It’s unlikely for that trend to slow or stop unless real wages increase, prices fall, or demand drops. We’re seeing some of that but apparently not enough.












  • New ways of cooling data servers and batteries for EVs. Rather than typical air or water/glycol cooling we’re immersing the components in a dielectric fluid. It’s an interesting space as both the hardware and fluids are being developed simultaneously. The company I work for is developing the fluid.

    About 90% of the fluids out there are just oils taken directly from a refinery and repackaged under different names with a ton of marketing. Yet, end consumers don’t really understand the technical details of the the fluids so they tend to fall for whoever has nice marketing. We’re out to change that and show that the chemistry we add improves the performance and durability of the fluid. So half the job is engineering and the other half is educating customers.



  • I think the free money train has ended and people are now left with ridiculous grocery bills and can’t afford the $70k vehicles others were previously financing at 0%.

    Interest rates have destroyed affordability and now people are looking for the cheapest thing on the lot that fits their needs. Expect inventories to rise in everything but the cheapest vehicles until OEMs get with the programs and reduce prices.

    COVID is over and we’re ‘back to normal’ according to every employer out there. How about prices come back to normal as well.