Go Hoke, Go Broke
Added 2025-01-11 09:56:56 +0000 UTC
We check in on old friend Volocopter, a company we assume is going from strength to strength as the official air taxi partner of Neom! Where a later reading indicates that eight year olds are driving trucks. Also, the UK is in economic crisis again, and we don’t even have the fun of a bathrobe soiling-prime minister.
They certainly act like it. One of my thoughts is they can't let anyone think of the word 'helicopter' because the next logical question is asking 'helicopters have been around for +70 years: why aren't they as ubiquitous as cars?' (answer: coming into contact with reality).
Salubrious_George
2025-01-17 08:05:42 +0000 UTC
Dirkmaxing: finding ways to conceal more daggers in your kilt
-Kris-
2025-01-14 22:29:06 +0000 UTC
Riley are you reading Riders Rulers and Traders by David Chaffetz bc me too
Hannah Blumenfeld
2025-01-14 22:12:11 +0000 UTC
...and now a second call for inquiry has hit the Labour Party (this time by a Blairite racist - bipartisanship, woo!) They're gonna do an inquiry, aren't they. All because Elon Musk saw a tweet.
marilyn
2025-01-13 16:38:44 +0000 UTC
P0rn Hub is all steppesister videos now
dan
2025-01-13 15:23:48 +0000 UTC
Climb Blue Tree Meadow
Lift bonds to icy red skies
Empty fields behind
My broken shackles lie with
Footprints in the melting snow
- Starmer in a letter to King Charles (probably)
Michael Such
2025-01-13 15:08:27 +0000 UTC
Things seem bleak, until you realise there's a breakdancing contest and the prize money is exactly what Britain needs to keep its economy going
Dave Clarke
2025-01-13 08:54:58 +0000 UTC
Eight Story
Josh L
2025-01-13 08:10:17 +0000 UTC
On the bonds stuff, a quick clarification:
One of the assumptions people make is that bonds change their yield because of the risk that a country won't pay their bonds AKA default risk. This literally cannot happen in a country with its own central bank issuing bonds in its own currency.
Without default risk, the only thing bond traders need to care about is the yield relative to the central bank rate which strictly speaking means that the bond yield is whatever the government, acting through its agent the central bank, wants it to be.
That said, in practice the government likes to pretend it's constrained (because we are at the mercy of a clueless and feckless ruling class who don't like to be held responsible the state of the world) so instead the central bank sets rates as a kind of signal for where they want inflation to be (with dubious evidence as to how effective that is): If they want inflation to go down, they raise the rates; if they want inflation to rise, they lower it.
That means that all of the shifts in bond rates can be tracked towards not even inflation expectations, but the ossified inflation expectations of the Bank of England. That on its own explains both the Truss "crash", where the orthodoxy would just expect her measures to cause inflation and therefore need to be adapted to, and the current situation where nobody expects UK bonds to be brought back down any time soon.
RuhroRubbinz
2025-01-12 14:39:39 +0000 UTC
In all fairness, the US has had some real breakthroughs in the development of self-driving children for a number of years now
MI
2025-01-12 14:08:42 +0000 UTC
It's so Volover
Ian Priest
2025-01-12 11:34:44 +0000 UTC
Volocopter sounds like polari
Andy Curtis-Brignell
2025-01-12 08:54:40 +0000 UTC
Unless one of you guys wants to do it
Feedbag
2025-01-12 05:09:08 +0000 UTC
We need abdel rahman mounif to write “cities of salt 2”
Feedbag
2025-01-12 04:47:05 +0000 UTC
You gotta inhale real deep and hold it during the cold opens
Shivvy
2025-01-12 03:49:13 +0000 UTC
counterpoint: that fact seemingly n+1 of us are able to follow ever more elaborate bits that span podcasts is proof we’re not alone? Unless you’re all AI accounts
Shivvy
2025-01-12 03:48:40 +0000 UTC
the inevitable happened and a Labour MP just decided that he'd be going along with the grooming gangs panic, doing his best Patriotic Alternative impression by calling for 'us' to 'challenge the orthodoxy of progressive liberal multiculturalism', but I checked his wiki and apparently he (Dan Carden) is an "avowed socialist" who served in the Corbyn cabinet and was until recently a Socialist Campaign Group member? nothing makes sense anymore lol. Is this one of those 'saying the word is praxis' guys, perhaps more of a 'national' socialist, you might say? He did use the word 'working-class' in that annoying way that politicians often do where it's obvious they're talking about a cultural Vibe (i.e. white, male, regional accent, seems like the kind of person who'd wax lyrical about goin' down t' pits) instead of a socioeconomic category, but a lot of people who aren't completely deranged also do that, so...
marilyn
2025-01-12 02:03:30 +0000 UTC
George Miller will make it
Shivvy
2025-01-12 01:31:25 +0000 UTC
Well you do seem to be from the lands of Mordor, so it's to be expected.
Andrew Davis
2025-01-12 01:21:15 +0000 UTC
أهلاً وسهلاً في بريطاني. هي نفاية. هي من المفترض أن نفاية
Andrew Davis
2025-01-12 01:20:08 +0000 UTC
I thought this episode was unalloyed terrible news, but then we learned a Mckinsey consultant was killed at NEOM, so at least things ended on a high.
spaced_out_armour
2025-01-11 23:35:56 +0000 UTC
Marhaba ana esmy Kier bin Rodney al Starmer. Surerto beleqa'eka
Crispined Glover Potato Snacks
2025-01-11 23:08:13 +0000 UTC
Yam-Yam thank ya mam if yer Wolvy, Yum-Yum thank ya mum if yur Brummie.
Crispined Glover Potato Snacks
2025-01-11 23:00:24 +0000 UTC
I'm glad I'm not the only one who feels that way.... Assuming you aren't just in this simulation to reassure me. Or perhaps I'm just given enough sentience to reassure you, and once my job is done I will be returned to the recycle bin... Great, a whole new sleep paralysis demon.
spaced_out_armour
2025-01-11 22:57:41 +0000 UTC
Are the volocopter people under the misapprehension that the 'helicopter' is protected by patent or something? Every one of their designs seems to be a way to build 'helicopter, but more complicated, more expensive, and less performance'.
spaced_out_armour
2025-01-11 22:55:46 +0000 UTC
"steppe culture what are you doing?" - Neolithic hunter-gatherers c. 4000BC
POWERDAD
2025-01-11 22:52:08 +0000 UTC
I regret to inform everyone that we already know what Trump thinks about Wheels. Back in Jan of 2019 he gave a speech about how walls are older than wheels, and that 1000 years from now everything else will be obsolete. Therefore congress needed to build his Wall and not waste time on drones. And you know what, he was right, drones are a waste of time.
Crispined Glover Potato Snacks
2025-01-11 22:50:31 +0000 UTC
and yes i am not fun at parties
Pat McAleenan
2025-01-11 22:19:01 +0000 UTC
i regret to inform milo that his wolverhampton accent is a dudley accent (an issue shared with peaky blinders). wolves is “yam-yam”, brum is “yum-yum”, treat the vowels like that and that’s wolves
Pat McAleenan
2025-01-11 22:11:13 +0000 UTC
Since Liz Truss was too much freak for the British press, and Starmer is too little freak for the British press, then I think Blair and Boris are just the perfect pair of confident service sub paypigs for the billionaire owned and international finance backed hyper anxious findoms that make up what seem to be the majority of British Columnists. allegedly.
Crispined Glover Potato Snacks
2025-01-11 20:44:29 +0000 UTC
As Jehovah's Witness Starmer, I have a plan to fix the NHS, no blood transfusions
Crispined Glover Potato Snacks
2025-01-11 20:39:19 +0000 UTC
Cold open consisting of five minutes of proto-indo-european gags is what keeps me listening to this despite November never letting Riley finish a sentence
Alfons
2025-01-11 19:39:50 +0000 UTC
Oh no steppe Trump I’m stuck in the golden toilet
pelicans123
2025-01-11 19:24:50 +0000 UTC
continued to listen and because your analysis of the government killed the higher ed sector is unfortunately correct, you’ll need to get your PIE hot takes and thesis in before we’re all out of a job. (on the other hand, all academics could become podcasters)
Nina
2025-01-11 19:00:28 +0000 UTC
Wait, are they implying Dirk Hoke might be a conman, a charlatan, a hokester, perhaps?
Carley They/Themsen
2025-01-11 18:55:52 +0000 UTC
Oh good, more about the spinning rat.
Alistair SM J
2025-01-11 18:44:18 +0000 UTC
oh no! I've been captured by a competing tribe again? I need someone to capture me back! un- unless??
etienne
2025-01-11 17:59:34 +0000 UTC
okay I know it's objectively bad but I would give ANYTHING to be an 8 year old hooning earth moving equipment in the boonies of Saudi. dudes rock
etienne
2025-01-11 17:58:33 +0000 UTC
I'm not sure it means anything; vol- and loco- are Latin prefixes. If you're okay with the mish-mash, I guess it's something like "flying places wing"?
Bruce Preston
2025-01-11 16:57:28 +0000 UTC
Mongolian porn be like “wha-what are you doing steppe-brother??”
Ben Murphy
2025-01-11 15:29:52 +0000 UTC
this episode got me feeling like a white Juban
Nemo
2025-01-11 15:27:45 +0000 UTC
That book title was such a Riley-coded string of words that I genuinely thought it was a bit
Patrick Lopez
2025-01-11 15:24:28 +0000 UTC
But what does “volocopter” mean in Greek?
Elsie Hupp
2025-01-11 14:48:53 +0000 UTC
Hitchhiking in the desert and getting a lift from an 8 year old driving a water truck is the movie David Lynch is too afraid to make.
James Rule
2025-01-11 14:34:46 +0000 UTC
God i'm glad i live in the better managed version of the UK, this is depressing for them af
Thready Carnival
2025-01-11 14:26:59 +0000 UTC
Riley, if you want me to connect you to the Bluesky linguistics feed, lmk, they would love your fun facts about PIE and probably also argue with you about it
Nina
2025-01-11 14:07:42 +0000 UTC
though sometimes this podcast seems to specifically tailored to me that it doesn’t do much to assuage the fear that this is a simulation
Nina
2025-01-11 14:04:50 +0000 UTC
thanks for opening with a riff about PIE, really warms my linguist heart
Nina
2025-01-11 14:03:52 +0000 UTC
So, “Team Satem”/ “Team Kentum” T-shirts when?
Cat Mara
2025-01-11 14:00:45 +0000 UTC
This isn't a dig on the podcast, but idk if I can listen any more, it's too depressing.
Adam Barker-wyatt
2025-01-11 13:27:37 +0000 UTC
Whatcha gonna do when Hokeamania runs wild on you, steppe brother
Noblesse Oblahaj
2025-01-11 12:15:07 +0000 UTC
In Wolverhampton did Keir Starmer a stately portacabin decree
John Carney
2025-01-11 12:07:22 +0000 UTC
Will Riley give up the distinctly pre-Indo-European habit of weight lifting and start doing steppe aerobics?
Alex
2025-01-11 11:49:07 +0000 UTC
She's just following the strategy! Empowering the Industrialists is the meta, okay?
marilyn
2025-01-11 11:44:39 +0000 UTC
Dick Energy is Dirk Hoke's American cousin
Pilfering Kibble
2025-01-11 11:42:03 +0000 UTC
my personal hypothesis is that rachael reeves believes she's playing an enormous game of Victoria 3 and she's setting the economy law to Laissez-Faire and trying to maximise GDP at the expense of things like standard of living and unrest
marilyn
2025-01-11 11:39:01 +0000 UTC
"One steppe horseman going forward in time, and another going backwards" - reminds me of the structure of 'Proto-Indo-European Use of Weapons.'
Jack Fennell
2025-01-11 11:38:41 +0000 UTC
Generational Portakabin Education
Njoefbun
2025-01-11 11:37:49 +0000 UTC
more like PIEley.
Tripp
2025-01-11 11:25:06 +0000 UTC
nneeeoooommm is the sound a volocoptor makes as it loses power mid flight
Tristan Ryan
2025-01-11 10:35:53 +0000 UTC
We’re going to build a wall and make the Goths pay for it
Joe Zebedee
2025-01-11 10:19:47 +0000 UTC
first 😌
Shivvy
2025-01-11 10:16:05 +0000 UTC