Quote from: RE on Today at 06:22 AMThis could be good for RE prices, since it will force the liquidation of a lot of bad mortgages and put a lot of properties up for auction.  Mostly commercial, but some residential too.

Right on cue.  This bank bought it back for less than 10 cents on the dollar.  Next tax filing they have a $100M+ write down on the balance sheet.  Pinnacle Bank is not a TBTF bank.  If they can't unload this property for a bit more than what they just paid for it, they won't be far behind in declaring bankruptcy.

And the beat goes on.

Now tell me, how many refugees do you think you could shelter in 1M square feet?  If you cut it up into 500 sq ft apartments, you could have 2000 apartments there.  Meanwhile, they spend more than that putting up tents at the border.

https://www.foxbusiness.com/real-estate/fort-worths-tallest-building-sells-just-12-3m-auction-stunning-price-drop



RE

It is not what?  A good guess?

I already said catalysts only speed up reactions.

The efficiency has nothing to do with the catalysis, efficiency only measures the amount of useable energy you get versus the amount of waste heat. They didn't say how efficiently the water was produced in the reaction.  They didn't even say how much energy they stored in the catalyst.  It's all a big mystery.  That's why the claim is suspect.  Until those things are revealed, you won't know where they are, only that they say they have a candidate for the process.

RE

Sounds like the good old days of 2008 are coming back again!  This could be good for RE prices, since it will force the liquidation of a lot of bad mortgages and put a lot of properties up for auction.  Mostly commercial, but some residential too.  That's bad for the homeless situation, since it also probably means evictions.  A falling market will also put more mortggages underwater, which might cause owners with non-recourse mortgages to send in the Jingle Mail.

Recession signs popping up all over the place now.

https://watcher.guru/news/billionaire-barry-sternlicht-expects-one-bank-failure-per-week

Billionaire Barry Sternlicht Expects One Bank Failure Per Week

RE

Quote from: RE on Today at 12:20 AM

QuoteThe water to gas conversion will have 50% power loss

Where did you get that figure from?  They didn't give any specifics on the energetics of the catalyst.  They don't even have a final product yet.  It's a good guess, but it's hard to say for sure.

RE

No it is not.  In the absence of other info, using the typical efficiency of water hydrolysis is fine.  Using any other figure would be irresponsible and show a complete misunderstanding of physics.  A catalyst only makes a reaction happen.  It cannot change the overall efficiency.  That would violate the law of conservation of energy.

QuoteThe water to gas conversion will have 50% power loss

Where did you get that figure from?  They didn't give any specifics on the energetics of the catalyst.  They don't even have a final product yet.  It's a good guess, but it's hard to say for sure.

RE

Quote from: KdogIf it is a game, why didn't America subsidize electric cars.  Or do we have arbitrary rules.  Nobody asked me if I wanted to play Yellen's game.  Regarding a tariff, the only issue should be are the Chinese auto workers getting a fair wage.  And there is no Yellen about that, and there never will be!

It ain't about the wages, because if it was, Amerikan manufacturers could simply put the factories in Mejico or half a dozen other SA countries where there are gobs of UE people looking for jobs at any wage.  It would slow down the immigration problem also.  It's just an epic failure to compete, and the response is so knee jerk simplistic and bound to fail it boggles the mind.

First off, it means FSoA EVs won't sell in Europe EITHER because they will not drop on 100% tarriffs, they want cheap EVs people can afford.  Besides that, the Eurotrash have their own EV models coming in at close to the same prices as the Chinese ones.  So unless we add 100% tariffs to those, they will hit the market here instead.  The Euros might drop a 25% tariff on since their cheap EVs aren't as high tech and cool to keep them somewhat competitive, but no way will they go up to 100%.

This leaves FSoA car manufacturers with ONLY the local market to sell to, they are shut out globally of the rest of the world.  GM & Ford international divisions are a substantial piece of their annual revenue stream.  They can kiss that goodbye.

The question is, will the Amerikan Konsumer rebel here?  The same people who buy EVs are the ones who travel overseas and take vacations in Europe and China too.  Don't you think a few will be a little ticked off when they walk around Paris or London and see EVs in showroom windows brand new listing at €15K?

Also, what's to stop you from buying one down in Mexico and driving it back home?  Are they going to charge you the tariff at the border when you cross?  How do they know WTF you paid for the car?  As long as you have it registered and have legal plates on it, it's none of their bizness how much you paid for the car.  Maybe you won it in a poker game.

Want a Chinese EV?  Here's my instructions.

Contact a car dealership in Tiajuana.  Give their address as the importer.  Pay the Dealership maybe $500 for receiving and storage.  Pay the Chinese exporter for the car and the shipping cost.  Maybe $2000 in shipping.  Find out the tariff they will charge at the port when the dealer picks it up.  I'll guess 10%, Mexicans aren't in a trade war with the Chinese.  So on a $15K car, $1500.  Your cost flying 1 way to Mexico to pick it up, max $300 from anywhere in the lower 48.  Your total cost, $19,300 for the car.

After it arrives at the dealership, get the VIN number, make & model from him over the phone, and have him fax you the bill of sale.  Go to your local DMV with the paperwork and your home address and get plates for the car before you fly down to pick it up.  Arrive in Tijuana, stop for a Dos Equis and Burrito on the way to the dealership, hand the dealer $500, bolt the plates on the car and drive it home.  You can stop and pick up some cheap antibiotics and opiates if you have a prescription, and stop for some dental work also before crossing the border coming home.

The only possible problem I see is in the registration, I don't know if the VIN numbers will work at the DMV.  It's possible that the way they do the tariff is the manufacturer has to pay the tariff in order to get the VIN number authorized in the FSoA, but I don't *think* it's done that way.  DMV is a State agency, not Federal.  I think they handle the VIN numbers.  I may be wrong there though.  If it is done that way, perhaps you would get caught if the state doesn't find the VIN number as authorized, then they wouldn't let you register the car

In this case, you would either have to register it in Mexico and get Mexican plates on it, or take plates from another car and use them.  They wouldn't match the car though, which gets you in trouble if you get pulled over for a traffic violation.  However, I don't think it works this way.  Obviously, find out first before you try this.  If any of you do try it, le me know if it works.

RE

Normally, I think import tariffs are collected at the port where the vehicles arrive and they are listed in the manifest of the containers on the ship.  So when a car arrives from China in Mexico, the importer pays the tariff to the Mexican goobermint before they will release it from the Customs impound lot.  Once you've paid that, the car is yours.   

Life should be more than pointing out the obvious.

QuoteThe law of conservation of energy states that the total energy of an isolated system remains constant; it is said to be conserved over time.  In the case of a closed system the principle says that the total amount of energy within the system can only be changed through energy entering or leaving the system.

So (Car + battery + water + catalyst + ICE engine) is supposed to be better than (Car + battery + electric motor)?

We only have one power source the battery.  We will use the same battery in both cars. 

The water to gas conversion will have 50% power loss.  And the ICE engine will only be 30% efficient.  The power loss in the electric motor car is only from the imperfect efficiency of the electric motor, which at 85% is at least double the ICE engine.  The wires between the battery and motor waste negligible power.  Only the 85% efficiency has to be considered.

If the battery has charge to drive the ICE engine car 15 miles, the same charge will make a standard electric powered EV go 85 miles if they weigh the same.  But wait there is more.

The weight of the ICE motor is hundreds of pounds.  That is weight the standard EV does not need at all, so expect the range ratio to be more like ten to one after you add in the weight of all the additional and totally unnecessary new hydrogen conversion hardware.  An electric motor has a better power to weight ratio than an ICE motor does.  And far better efficiency.^*  Adding hydrogen to the mix can only reduce efficiency.  Conservation of energy says so.

* A high-performance electric motor used in electric vehicles can have a power-to-weight ratio of 6 kW/kg or higher.  A typical internal combustion engine in a car could have a power-to-weight ratio of only 0.1 to 1.0 kW/kg.

Quote from: RE on May 11, 2024, 07:21 PMIf you can't beat 'em, tax 'em.  Motto of the capitalists who can't compete.

The Chinese have so thoroughly out performed FSoA based EV manufacturers that they have persuaded the Goobermint they despise for regulating them to protect them by now raising Tariffs on imports to...get this... 100%!!!  I take back what I said earlier that Chinese EVs were a better buy with the "ridiculous" tariffs, which at the time were ridiculous at 25%.  Now however they have jacked it way past ridiculous to Protectionism on Steroids at 100%.

This will effectively make Chinese EVs impossible to buy here, but it will also kill any sale of FSoA EVs to China, since they will most certainly retaliate in kind.  It also means FSoA EVs won't sell anywhere else in the world because Chinese EVs will be so much cheaper nobody will buy them.

If I were the CCP, I would also retaliate with tariffs on exports of chips and other parts used for the manufacture of FSoA EVs to 100%.  This has the makings of a major trade war, which just about always evolves into the more lively kind of war.

This is failure on the grand scale technologically speaking.  Sure, the Chiinese play fast and loose with environmental regulations and they pay slave wages to their workers, but that has been true in every industry and until now was embraced by FSoA capitalists as a way to improve their profits by moving their manufacturing to China.  Now that Chinese companies are making the profits, all of a sudden it's unfair.  Talk about hypocrisy.

It also pretty much dooms the FSoA EV industry, since there aren't enough people with enough money to buy expensive EVs currently manufactured here.

After a brief vacation with some Hopium, today our future survival prognosis has dipped back again down to the 99% dieoff range.

https://www.nbcnews.com/politics/white-house/biden-plans-raise-tariffs-electric-vehicles-china-rcna151748

https://www.ft.com/content/9b79b340-50e0-4813-8ed2-42a30e544e58

US set to impose 100% tariff on Chinese electric vehicle imports

RE

Quote"We don't think the playing field is level," Yellen responded. "And we think China is massively subsidizing investment in this set of industries that they have targeted as critical to their growth prospects."

The bitch thinks it is a game.  She thinks some people have a right to force other people to buy from them?  That these same born to wear a suit people have a right to profit from exploiting others (you and me) without working themselves? 

Strange indeed.  I always thought the rules of capitalism were that if you can't compete you go out of business.  Is there a thing called too rich to fail?  Must be.  Don't people like Yellen usually claim competition keeps capitalism fair?  The take away seems to be that protecting dynastic suit wearing wealth is more important than competition.

Playing field really?  Who gets to play?  Is it my turn yet?  What do you mean I don't get to play?  Who gets to play then?

If an American owned company were using a Chinese  factory everything would be hunky dory.  But liberal free-market globalism isn't what it used to be so it seems.  The Chinese are supposed to be slave workers not owners.  It seems the plan of Rich American Useless Eaters had a few holes.  It was not thought out too well.  Given time the other foot would try on the shoe.  Apparently the American MOFOs who set up the current free trade arrangement expected the next generation to reap the consequences of the shoe moving to the other foot, not them.  Surprise surprise.

If it is a game, why didn't America subsidize electric cars.  Or do we have arbitrary rules.  Nobody asked me if I wanted to play Yellen's game.  Regarding a tariff, the only issue should be are the Chinese auto workers getting a fair wage.  And there is no Yellen about that, and there never will be!

If you can't beat 'em, tax 'em.  Motto of the capitalists who can't compete.

The Chinese have so thoroughly out performed FSoA based EV manufacturers that they have persuaded the Goobermint they despise for regulating them to protect them by now raising Tariffs on imports to...get this... 100%!!!  I take back what I said earlier that Chinese EVs were a better buy with the "ridiculous" tariffs, which at the time were ridiculous at 25%.  Now however they have jacked it way past ridiculous to Protectionism on Steroids at 100%.

This will effectively make Chinese EVs impossible to buy here, but it will also kill any sale of FSoA EVs to China, since they will most certainly retaliate in kind.  It also means FSoA EVs won't sell anywhere else in the world because Chinese EVs will be so much cheaper nobody will buy them.

If I were the CCP, I would also retaliate with tariffs on exports of chips and other parts used for the manufacture of FSoA EVs to 100%.  This has the makings of a major trade war, which just about always evolves into the more lively kind of war.

This is failure on the grand scale technologically speaking.  Sure, the Chiinese play fast and loose with environmental regulations and they pay slave wages to their workers, but that has been true in every industry and until now was embraced by FSoA capitalists as a way to improve their profits by moving their manufacturing to China.  Now that Chinese companies are making the profits, all of a sudden it's unfair.  Talk about hypocrisy.

It also pretty much dooms the FSoA EV industry, since there aren't enough people with enough money to buy expensive EVs currently manufactured here.

After a brief vacation with some Hopium, today our future survival prognosis has dipped back again down to the 99% dieoff range.

https://www.nbcnews.com/politics/white-house/biden-plans-raise-tariffs-electric-vehicles-china-rcna151748

https://www.ft.com/content/9b79b340-50e0-4813-8ed2-42a30e544e58

US set to impose 100% tariff on Chinese electric vehicle imports

RE