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Cake day: June 17th, 2023

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  • This is one of the biggest frustrations with nuclear power. The first power plants had issues (mostly due to them being bomb factory designs). We learnt from that, and designed better ones. They never got built. They were swamped in red tape and delays until they died.

    Decades later, China comes in and just asks nicely. The designs work fine. China now leads the way, built on research we left to rot.

    It’s also worth noting that there is a big difference between a fusion power plant and a fission one. China is doing active research on it, as is the west. There’s quite a friendly rivalry going on. We have also basically cracked fusion now. We just need to scale it up. The only big problem left is the tokamakite issue. The neutron radiation put off by the reaction transmutes the walls. Using radioactive materials as a buffer is an idea I’ve not heard of. I’m curious about the end products. A big selling point of fusion is the lack of long term waste. Putting a fission reaction in there too might lose that benefit.












  • That’s how most EU regulations are created. They take the best parts of the legislation of various members and combine them.

    As for weapons, harmonisation is a thing. However, the exact use cases will vary for different countries. A tank that’s optimal for Spain isn’t necessarily the best for Germany. Neither country wants suboptimal equipment. What is easier to harmonise is ammo, a fact that NATO have been exploiting for a long while.

    There are also the implications. Before now, military has been done on a per country basis. If they want to move as a block, they need individual countries to step up. It also allows countries to act independently if desired. A unified army is seen as a threat to the sovereignty of individual countries.





  • The same way your mortgage is backed up by your house. If you default on your mortgage, the bank can take your house in foreclosure.

    Rather than sell shares to raise the money, Musk has backed his borrowing with Tesla shares. Basically, if he doesn’t pay back the loan, the banks get the shares. Unlike houses, shares can change value quite quickly. If the value of the loan exceeds the value of the shares, then the banks start to get VERY nervous. They will call in the loans to get what they can, before things get worse. This could crash the share price further, since they will want to offload the shares as soon as possible.

    Musk is extremely rich. However, like most extremely rick people, his money is tied up in shares. If Tesla falls fast enough, he could end up owing more than he has in assets. As soon as his creditors pull the plug, he becomes bankrupt.