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What's wrong with someone using an aspect of their culture to make a living?

That is an annualised figure, which means they took the Q3 figure by itself and multiplied it by 4. US annualised growth in Q1 would've been -2%.

Between Q1/2/3, US growth has been about 1.6%.

Wait until the whole year figures come out.


And you have to wonder: if they do come out, are they truthful or are they fabricated.

Holiday spending was up 6.8% YoY and the highest spending on record. About 67% of GDP comes from consumer spending.

It's very unlikely the US doesn't have strong GDP numbers for 2025.

K-shaped economy and all that


> So if you boycott Coca-Cola brands, maybe 20% of the impact goes to Coca-Cola US, while 80% is felt by the local company and its employees.

Assuming the person burns the money they would've spent on Cola in the first place. But they aren't, they'll probably just redirect that money to an alternative soft drink, probably a more local one.


exactly idk. about other EU Countries but at least in Germany outside of small country side stores you tend to have a very wide variety of "alternative" soft drinks. Some trying to emulate some big brand (e.g. Coca Cola) but also many keeping the concept (Cola) and putting their own twist on it. Most importantly most of them seem to be EU based (and often Germany based and sometimes local to your region).

The main drawback of them is that due to them operating on a (way) smaller scale and need to have a factor to differentiate themself, so most of them are more expensive. (but there are cheap no-brand clones, too).

A much bigger problem is that Nestle and co. try to either buy up any new innovative successful German food/drink companies. Sure after being bought up they tend to continue operate like before so technically they aren't dependent on the US, but they have been bought up anyway.


Nestle is Swiss, not American, so that seems like a very strange example to use.

not if you somehow thought the last 10 years Nestle is American and never questioned it ...

well I guess that is good news?? maybe?


If you totally remove Coke from the market, sure, but no one wants to drink a knockoff Coke, they want the actual thing.

actual, that is de-facto wrong

many alternative Colas don't try to imitate Coca Cola but give Cola their own twist, and IMHO multiple of them taste noticeable better then Coca Cola

and for people with little money getting cheaper knock-off is pretty common and people get used to it

at the same time Coca Colas brand isn't seen as "fancy"/"high quality"/"well regarded" enough anymore. So many restaurants for which cola isn't just a "default fallback they don't care about" but a drink commonly combined with their meals, started serving other Cola brand like e.g. Fritz Cola, Mio Mio Cola or Afri Cola. Also some of the more beer/alk. focused companies have started to branch out to soft drinks as Alkohole consume is going down with some surprise successes (e.g. Paulana Spezi) but also with existing distribution contracts with Restaurants and Food Chains, so their stuff is popping up increasingly more often.

And I mean we are still speaking about the kind of soft drink with the most dominant brand control (Cola/Coca Cola), for all other soft drinks the US companies have a far less strong hold on them.

And sure some pople like I guess you will insist on drinking Coca Cola.

But also if the US continues to paint themself as the new big evil (while Russia looks increasingly weak, and China is clever enough to move mostly behind the scene) then it's just a matter of time until people will start ostracizing people for buying (unnecessary) products which are "well known US" and haven't somehow separated their company image from the US. Like seriously how did the US became so incompetent in politics that you find people all over the EU which think joining with China against the US would be a good idea and long term better for their quality of live... like wtf.


We are talking about individuals here. People are absolutely capable of not drinking Coke because they want to avoid American products.

I promise you that virtually no people care about avoiding American products that much. You are being idealistic, and are simply out of touch with the average person if you actually believe this.

Virtually one will stop buying Coke. Virtually no one will stop wanting an iPhone. So on and so forth. They will gladly criticize the US while continuing to indulge in the biggest brand names.


> no people care about avoiding American products that much.

Today, yes. Once US troops start forcefully occupying European territory, eh...


Very very few EU people on the continent will care what happens to Greenlanders. They sure won't abandon their iPhone addiction just to have high standards, principles, etc. If that were the case, they wouldn't have an iPhone in the first place.

There have already been significant decreases in Canadian (and likely other countries) purchases of American goods, and travel to the US. The thing you say will never happen, already happened last year.

Jim Beam (the bourbon distillery) said before Trump 10% of their sales were to Canada, and that has gone to nearly zero.


yep, and in some part of the EU the dominant position of Coca Cola has been crumbling for reasons unrelated to the US and many "not a cheap knock off" alternative already exist...

Only if knockoff are not of the same quality, which is the case because competing on price is a race to the bottom. But if it becomes a brand issue, and some serious investment can be justified, then consumer adoption can be engineered.

It was always a branding issue. But it is not so easy to engineer consumer adoption unless you directly subvert consumer will (ie higher taxes on Coke, etc.)

or by being ostracized for drinking Cola (Coca Cola has bound it's brand tightly to the US image, which was grate for them after WW2, but is pretty bad for them now that Trump is very reliably destroying the US image).

or by most people agreeing Cola isn't healthy, so it's becomes a Luxus product they just sometimes drink and then going for a slightly more "interesting" alternative brand which fit's more the "fancy treat" vibe is pretty common (we already have been seeing this in part of Germany, where it's not rare that restaurants serve Fritz or Afro Cola over Coca Cola as the Brands "seem" more fancy while Coca Cola feels more like the cheaper non fancy choice. By being relative cheap Coca Cola might have opened created the perfect basis for it being replaced in the "fancy" context. And by it not being cheap enough it get replaced in the "people with no money" context. This leads the "in between" context (which would still be a majority in Germany) and all the US food chains etc. but only if the people don't have a personal reason to switch. Most people in Germany drink Cola only from time to time.


You can do both, but why would you? It's not like we've tapped out Australia. And until we have, why bother with Greenland if the same money invested in Australia, or Sweden, or Canada would yield more profit?

You’d do both because up can. Why mine in Australia when you have the US or Canada, etc etc.

The idea would mine in all places where it’s marginally profitable until your capital is fully committed.


Because those places are close enough in profitability that it doesn't make a massive difference.

Greenland is real hard to mine in, needs infrastructure from scratch, and nowhere near enough of a local population.


Which is fine, because those things are what makes programming fun for you. Not for others.


You won't be happier if you don't eat healthy, stay indoors al day, avoid talking to anyone, never exercise, never clean up, because those things are considered a chore. There are things people avoid doing that are still needed to be healthy!


For the vast majority of companies, employees, and investors, that is enough.


We use AWS Bedrock, so everything stays within our AWS account. It's not like we aren't already uploading our code to GitHub for version control, AWS for deployment, Jetbrains for development, all of ours logs to Datadog, Sentry, Snowflake, and more.


Yeah, my source code is on my computers, in self-hosted version control and self-hosted CI runners


McDonald's championing the labour theory of value is a new one.


Yep. As much as I can see utility in some crypto, and there are some personalities in respect (e.g. Vitalik) by and large the sector in such a dumpster fire I'm not going anywhere near it. I've got some bitcoin in a Coinbase account, that's as close as I'm getting.


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