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Joined 3 years ago
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Cake day: July 3rd, 2023

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  • I looked into this a bit, and nationalising the water companies is a sticky topic.

    When Thatcher privatised them, the idea was the regular Joe would profit grim these companies when they did well, through share holdings. The issue was, the initial share price was much too high for the regular Joe to afford, which gave the opportunity to pension providers to buy much more stock, of said water companies.

    Now if you nationalise said water companies, stock price would go to 0 and lots of pensions will get hit as well.

    I fully agree that all those companies should be renationalised, I just don’t know how it can be done without tanking pensions.






  • A day on Venus is longer than a year on Venus.

    If you start to think about how these lengths of time are defined it becomes clearer.

    1 day = time to rotate on it’s axis once 1 year = time to complete a full rotation around the sun

    For Earth, it takes us ~24hrs to rotate on our axis and 365.25 days to orbit the sun.

    However, because Venus’ axial rotation is so slow (and another interesting fact, it rotates in the opposite direction to other planets) it actually completes a full orbit of the sun before 1 axial rotation.

    Hence, a year is shorter than a day

    For those interested:

    1 Venus day = 243 earth days 1 Venus year = 225 earth days