Z
Zillow Group, Inc. Class C Capital Stock
stock NASDAQ

Punkt Nummer 1: Du scheinst die Börse als reines Spielcasino zu betrachten, was sie sowohl auf sehr tiefer wie auch sehr oberflächlicher Ebene auch ist. Aber genau wie man "den Kapitalismus" als Mechanismus verstehen kann Ressourcen innerhalb einer Gesellschaft zu verteilen (sprich: Brot wird knapp in Stadt X, Preis steigt, es wird mehr Brot gebacken), so kann man die Börse als Verteilungsmechanismus von Kapital verstehen. Die Leute vergessen oft, dass man \*eigentlich\* an die Börse geht um Kapital einzusammeln. Das heißt man kann ein (hoffentlich produktives) Unternehmen auch ohne viel eigenes Kapital gründen. Diese Grundidee ist erstmal per se eine *gute Sache* und sie funktioniert auch im Großen und Ganzen. Vor allem ist uns leider bisher keine bessere Alternative eingefallen.
Punkt Numero 2: "KI wird nicht die Rendite erhöhen". Ich glaube nicht, dass irgendein Prozess der es ermöglicht viele Arbeitskräfte zu einem gewissen Teil durch eine Maschine zu ersetzen, die Rendite \*nicht\* erhöhen wird. Klar, viele KI-Firmen werden bankrott gehen aber in Summe wird KI ermöglichen bestimmte Prozesse zu automatisieren, bei denen das vorher nicht ging.
"Vermehrt Krieg auf der Welt": Das stimmt nicht. Es gibt weniger Krieg auf der Welt. Oder sagen wir lieber: Die Kriege werden im Großen und Ganzen eher kleiner und regionaler. Wir haben halt seit 1945 keinen "richtigen" Krieg mehr gesehen. Ich meine einen Krieg, wo jeder Mann eingezogen wird und Millionen sterben.
"kein Fortschritt beim Klimawandel" Auch hier würde ich für das Gegenteil argumentieren: Wir treten gerade in die Phase ein, wo wir sehr viel erreicht haben und in Zukunft sehr, sehr viel mehr erreichen werden. Z.B. hat Solarenergie endgültig den Sprung zur Massentechnologie gemacht. Es ist inzwischen für quasi jeden Menschen i.d.R. billiger eine Solaranlage zu benutzen als einen Generator. Moral ist das eine, aber inzwischen ist schlicht und einfach billiger erneuerbare Energien zu nutzen.
"begrenzte Ressourcen auf der Erde" Okay, na klar rein theoretisch könnte das mal ein Problem sein. Aber es gibt ja außerhalb der Erde auch noch eine Menge Ressourcen, die man anzapfen könnte. (Hoffen wir nur, dass nicht Musk III ihren Abbau kontrollieren wird.)
"Insgesamt, rein logisch, kann es zumindest nicht mehr endlos so weiter gehen."
Ich würde diese These herausfordern. Bisher ist es doch "immer endlos so weitergegangen"! Ich habe ja dargelegt, warum ich deinen Pessimismus nicht teile, aber gehen wir mal davon aus ich liege falsch und es läuft genau andersherum:
Selbst wenn sich KI (bzw. die LLMs um die sich gerade alles dreht) als komplette Sackgasse entpuppt und eine generelle Finanzkrise auslöst...
Und der Dritte Weltkrieg bricht los. Deutschland wird schwer zerstört...
Und der Klimawandel gerät auch völlig außer Kontrolle. Große Dürren und steigender Meeresspiegel sorgt für Millionen Flüchtlinge...
...in all diesen Fällen wirst du mit weltweiten ETF als Otto-Normalverbraucher am besten vorsorgen oder zumindest Risiken minimieren. Gilt doppelt und dreifach, wenn man komplett überzeugt ist, dass wirklich ein weltenender Crash auf uns wartet. Sollte es tatsächlich wider alle Logik einfach mehr oder weniger so weitergehen wie bisher, na ja dann ist ein ETF die beste Anlagestrategie (nach heutigem Wissensstand).
Letzendlich ist dein Post eigentlich gar nicht über eine "ETF-Blase", sondern über eine "Kapitalismus-Blase" :D

$CROX Deep Dive:
The market currently treats $CROX like a dying fad, but the cash flow tells a different story. As of February 2026, the stock is trading at a Forward P/E of \~7x, while generating nearly $700M in Free Cash Flow. Here is the bull/bear breakdown on the most polarizing footwear stock in the world.
1. The Business Model: Software-Like Margins for Rubber Shoes
Crocs doesn't sell shoes; it sells a high-margin platform.
\* The Moat: Their proprietary Croslite™ material is dirt cheap to manufacture but carries massive perceived value.
\* Margins: Gross margins sit at \~59-61%. For context, that’s better than Nike and closer to some tech companies.
\* The "Jibbitz" Effect: Charms are high-margin accessories that turn a $50 shoe into a collectible hobby. It’s the closest thing to "recurring revenue" in footwear.
\* Efficiency: They are injection-molded. No complex stitching, no expensive labor. One machine, one mold, thousands of shoes.
2. The Elephant in the Room: The HEYDUDE Disaster
In 2022, management bought HEYDUDE for $2.5B. It’s been a rocky road.
\* The Bad: Revenue for HEYDUDE is down \~20% YoY. Management overpaid, and they’ve had to write down nearly $700M in non-cash impairment charges recently.
\* The Good: They are aggressively "cleaning the channel"—cutting off small, messy wholesalers to move toward a higher-margin Direct-to-Consumer (DTC) model.
\* The Bottom Line: Even if HEYDUDE stays flat, the core Crocs brand is carrying the entire company.
3. Financial Health (TTM Feb 2026)
The stock price ($85) vs. the actual earnings is a massive disconnect:
\* Forward P/E: 7.1x (Industry average is 16x+).
\* Free Cash Flow: \~$700M.
\* Share Buybacks: Management has retired over 30% of the float in the last decade. They are basically cannibalizing their own shares at these depressed prices.
\* Debt: They’ve paid down over $1B in debt since the acquisition. The "debt burden" thesis is dying.
4. Pre-Mortem: What Could Kill This?
If $CROX drops another 50%, it won't be because of debt. It will be:
\* Fashion Irrelevance: If Gen Z decides clogs are "out," the high margins collapse.
\* Tariff Exposure: Huge reliance on Vietnam/China. If trade wars heat up in 2026, those 60% margins could shrink to 45%.
\* DTC Failure: If they can't pivot away from wholesale, they lose pricing power to retailers like Amazon/Walmart.
5. The Valuation: What Is It Actually Worth?
I ran a Reverse DCF using the current $85 price point:
\* Market Expectation: The market is pricing in a 3% annual decline in cash flow forever.
\* Reality: Core Crocs International is growing low double-digits (especially in China/India).
\* Intrinsic Value: Even with 0% growth, the stock is worth \~$120. If they manage just 4% growth, the fair value jumps to $150+.
The TL;DR
$CROX is a free cash flow machine disguised as an ugly shoe company. Management made a bad bet on HEYDUDE, and the market is punishing them with a "permanent" discount. If you believe the core brand is a staple (like Vans or Converse) and not a fad, this is a massive margin-of-safety play.
Current Sentiment: 📉 Market Hates it | 📊 Fundamentals Love it.

If you have a large portfolio, US listed ETFs are only better in RRSP which avoids US withholding tax on dividends. Otherwise use Canada listed ETFs like (V/X/Z)EQT to avoid currency exchange.

Z.B. der Global X Nasdaq 100 Covered Call UCITS ETF D A2QR39
"Aktuelle Ausschüttungsrendite 11,78%"
[https://www.justetf.com/de/etf-profile.html?isin=IE00BM8R0J59#rendite](https://www.justetf.com/de/etf-profile.html?isin=IE00BM8R0J59#rendite)
Es geht mir um eine ausschüttende Option zusätzlich zum FTS All World, wo mein Hauptanteil liegt.

As Gen Z slowly takes over being main Olympic competitors are they having to buy less condoms for Olympic village? I keep hearing these youngin’ ain’t fucking no more these days.

The biggest headline was Snap turning a $45 million net profit.
Free Cash Flow: They generated $206 million in free
500 million share buy back
Perplexity is paying Snap $400 million in 2026. 
• The Goal: Perplexity is essentially paying for access to Snap’s nearly 1 billion monthly users to gain massive brand awareness among Gen Z. 
• Snap's Revenue: This $400 million will start hitting Snap’s balance sheet throughout 2026,

# Today is Monday, the 9th of February
## Upcoming events for Monday, February 9th
- Stock splits:
- AWP @ **1:3**
- EDHL @ **1:16**
- FCUV @ **1:10**
- HERZ @ **1:10**
- GDXD @ **1:10**
- NGMC @ **1:2127.66**
- PFSA @ **1:75**
- UGRO @ **1:25**
- Expected earnings:
ACGL, ACM, AIOT, ALX, AMKR, AMTM, ANTA, APO, ARKR, ASTI, AVXL, BAOS, BDX, BRX, BYFC, CHGG, CINF, CLF, CMCO, CNA, CRBG, CRESY, CRWV, CSPI, CURB, DAC, DLHC, DT, ENTA, EPC, ESOA, EVI, FRMI, GEMI, GT, GTM, HAIN, HELP, IBIO, ICHR, INR, IX, JRSH, KD, KRC, L, MEDP, MNDY, MPAA, MTW, NOTV, NTB, ON, OPXS, PAL, PETS, PFG, PFLT, PGY, PNNT, POWW, PSEC, QIPT, RHLD, RICK, RLGT, SBH, SOHU, SSD, SVCC, SVM, UDR, UPWK, UTL, UVV, VNO, VWAV
- Ex-div:
AAPL, ABI, BSRR, CBNK, CDC, CDL, CFA, CFO, CSB, GRIN, GROW, HAFC, HBCP, HBT, HTO, MATW, MNSB, MODL, MRBK, PZZA, SFBC, SFLO, UBND, UCRD, UG, UITB, ULVM, USTB, USVM, VSDA, VSMV, YBST, YBTY
## Upcoming events for Tuesday, February 10th
- Stock splits:
- ATPC @ **1:50**
- FGL @ **1:100**
- HCTI @ **1:60**
- RGBPP @ **2:1**
- ANY @ **1:10**
- Expected earnings:
ACRE, ADC, AEIS, AIG, AII, AIZ, AKR, ALAB, ALSN, ANGI, ARI, ARMK, ARVN, AXTA, AZN, BHF, BIOX, BIVI, BL, BLKB, BP, BRCB, CAN, CCSI, CPBI, CRSP, CTS, CVS, DD, DDOG, DEI, DGX, DIOD, DUK, ECL, ELMD, ENTG, EPM, EW, EXEL, F, FIS, FISV, FRSH, FSP, GCMG, GILD, GILT, GNSS, GXO, HAS, HIHO, HIVE, HIW, HNGE, HOG, HOOD, INCY, INMD, IRMD, IVT, JHX, JMIA, KFFB, KO, KVYO, LEE, LEU, LSCC, LUXE, LVWR, LYFT, MAR, MAS, MAT, MBC, MIR, MNTN, NET, NMIH, NSP, NTST, OGI, OI, OMC, OSCR, PAMT, PEGA, PGC, PLUR, RACE, RPD, RRR, SAIA, SPGI, SPOT, SQNS, SSII, STAA, SUZ, TDC, TELO, TIMB, TRMB, TYGO, UFCS, UPST, UPXI, VREX, VSTS, WCC, WELL, WPC, WSBF, XIFR, XYL, YTRA, Z, ZBH, ZG
- Ex-div:
AEP, ARCB, ASML, BWFG, CIVB, FCCO, FIBK, GABC, JVA, ORRF
- Economic events and announcements:
- 3-Month Bill Auction (previous: 3.600%)
- 6-Month Bill Auction (previous: 3.525%)
- CB Employment Trends Index (previous: 104.27)
- FOMC Member Bostic Speaks
- Fed Waller Speaks
- NY Fed 1-Year Consumer Inflation Expectations (previous: 3.4%)
## Upcoming events for Wednesday, February 11th
- Expected earnings:
ADGM, AEE, AIRT, ALB, ALKS, ALMU, AM, AMCX, AMWL, AMX, APP, AR, ARR, ARX, ASIC, ASND, ATEX, AUR, AVTR, BBOT, BDL, BWA, BXMT, CFLT, CGNX, CHEF, CIM, CLBT, CNDT, CPA, CPHI, CRK, CRTO, CRWS, CSCO, CUB, CW, CXT, CXW, DAO, DAR, DDI, EPRT, EQIX, ESP, FAF, FBRT, FCPT, FLNG, FMAO, FMST, FSLY, GFL, GFS, GLIBA, GLIBK, GNRC, GPMT, GROW, GTY, HCSG, HLT, HTFL, HUBS, HUM, IFF, IFS, INM, INSP, IRT, KAI, KHC, KRNT, LAD, LEG, LINK, LITS, LPTH, MCD, MFC, MH, MLM, MLYS, MSA, MSI, NBIX, NBR, NE, NEU, NI, NMTC, NNN, NP, NTES, NWE, OM, OPRT, OTLY, PAG, PAYC, PCSC, PDM, PDS, PLMR, PODC, PPC, PRCH, PRI, PSN, PX, PYPD, PZG, QDEL, QMCO, QS, QTWO, R, RDCM, RDWR, RDZN, ROL, RPRX, RWT, RYN, RZLT, SAFE, SBXD, SCCO, SCI, SFL, SHOP, SITE, SKM, SLF, SN, SOLS, SPMC, STAG, SW, TBN, TEX, THC, TMHC, TMUS, TR, TSE, TSEM, TTD, TTE, TYL, U, UE, VCIC, VECO, VERU, VERX, VKTX, VNDA, VPG, VRT, WAB, WCN, WFG, WMB, WTS, ZBIO, ZTEK
- Ex-div:
AROW, BCBP, JMSB, KINS, NBN, PCAR, SIMO, SIRI, UVSP, WINA, WLFC, WNEB, WTBA
- Economic events and announcements:
- 3-Year Note Auction (previous: 3.609%)
- ADP Employment Change Weekly (previous: 7.75K)
- API Weekly Crude Oil Stock (previous: -11.100M)
- Atlanta Fed GDPNow (consensus: 4.2%, previous: 4.2%)
- Business Inventories (consensus: 0.2%, previous: 0.3%)
- Core Retail Sales (consensus: 0.4%, previous: 0.5%)
- EIA Short-Term Energy Outlook
- Employment Benefits (previous: 0.80%)
- Employment Cost Index (consensus: 0.8%, previous: 0.8%)
- Employment Wages (previous: 0.80%)
- Export Price Index (consensus: 0.1%, previous: 0.5%)
- Export Price Index (previous: 3.3%)
- Fed Logan Speaks
- Import Price Index (consensus: 0.1%, previous: 0.4%)
- Import Price Index (previous: 0.1%)
- NFIB Small Business Optimism (consensus: 99.9, previous: 99.5)
- Redbook (previous: 6.7%)
- Retail Control (previous: 0.4%)
- Retail Inventories Ex Auto (previous: 0.3%)
- Retail Sales (consensus: 0.4%, previous: 0.6%)
- Retail Sales (previous: 3.33%)
- Retail Sales Ex Gas/Autos (previous: 0.4%)
## Upcoming events for Thursday, February 12th
- Stock splits:
- KXIAY @ **10:1**
- Expected earnings:
ABNB, AEM, AEMD, AENT, AEP, AGIO, AHL, AIP, AL, ALH, ALNY, AMAT, AMG, AMIX, ANET, ANGX, AORT, ASC, ATOM, AVNT, BAP, BAX, BCS, BDC, BENF, BFAM, BGC, BIO, BIO.B, BIRK, BLIN, BLX, BN, BNBX, BNT, BRKR, BROS, BTDR, BTI, BUD, CAE, CART, CBIO, CBRE, CHKP, CLW, CMRC, CNCK, CNR, CNVS, COHU, COIN, CPAC, CPS, CROX, CRSR, CSAI, CTRE, CV, CVRX, DBD, DKNG, DNOW, DRUG, DTSS, DXCM, ECX, EEFT, ELME, ELVA, ES, ETR, EXC, EXPE, FBIN, FEAM, FGBI, FLO, FLUX, FORR, FROG, FRT, FTS, FWDI, GAU, GEL, GEO, GGR, GRCE, GREE, GTES, GVA, H, HASI, HCC, HIMX, HMC, HR, HTGC, HWM, IDYA, IMPP, INBS, INV, IPGP, IPW, IR, IRDM, IRM, ISSC, ITIC, JCAP, JOB, KELYA, KELYB, KIDZ, KIM, KNSL, KPTI, LECO, LGCY, LIMN, LIVE, LNC, LVO, LXP, MARPS, MBCN, MERC, MHK, MITQ, MLCI, MLCO, MODD, MOFG, MORN, MSC, MTRN, MVBF, NBIS, NEXM, NIQ, NKSH, NMAX, NMM, NNE, NOEM, NTWK, NUS, NVMI, OGN, ONIT, OPTU, PACB, PBF, PBFS, PCG, PCOR, PDFS, PEW, PHIN, PINS, PMNT, POCI, PSA, PTN, PURR, QSR, RAIN, RARE, RBNE, RCEL, RELX, RIVN, ROKU, RPT, RSSS, RYAN, SBRA, SEB, SLVM, SOC, SPSC, SRTS, STNG, STUB, TCX, TNET, TOST, TRIP, TRN, TRT, TRU, TRUP, TSLX, TTRX, TU, TWLO, TXG, UL, USFD, UTZ, VNT, VRAR, VRTX, VTGN, WAT, WST, WYFI, WYNN, YCBD, YELP, ZBRA, ZTS
- Ex-div:
FMBH, HNVR, LARK, MGYR, NFBK, PGC, PROV, STBA, TBLD, TTEK, ZION
- Economic events and announcements:
- 10-Year Note Auction (previous: 4.173%)
- Average Hourly Earnings (YoY) (consensus: 3.6%, previous: 3.8%)
- Average Hourly Earnings (consensus: 0.3%, previous: 0.3%)
- Average Weekly Hours (consensus: 34.2, previous: 34.2)
- Crude Oil Imports (previous: 1.101M)
- Crude Oil Inventories (previous: -3.455M)
- Cushing Crude Oil Inventories (previous: -0.743M)
- Distillate Fuel Production (previous: -0.005M)
- EIA Refinery Crude Runs (previous: -0.180M)
- EIA Weekly Distillates Stocks (previous: -5.553M)
- EIA Weekly Refinery Utilization Rates (previous: -0.4%)
- FOMC Member Bowman Speaks
- Fed Logan Speaks
- Federal Budget Balance (previous: -145.0B)
- Gasoline Inventories (previous: 0.685M)
- Gasoline Production (previous: -0.565M)
- Government Payrolls (previous: 13.0K)
- Heating Oil Stockpiles (previous: -0.160M)
- MBA 30-Year Mortgage Rate (previous: 6.21%)
- MBA Mortgage Applications (previous: -8.9%)
- MBA Purchase Index (previous: 165.4)
- Manufacturing Payrolls (consensus: -5K, previous: -8K)
- Mortgage Market Index (previous: 330.8)
- Mortgage Refinance Index (previous: 1,269.7)
- Nonfarm Payrolls (consensus: 70K, previous: 50K)
- Participation Rate (previous: 62.4%)
- Payrolls Benchmark (previous: -589.00)
- Payrolls Benchmark, n.s.a. (previous: -911.00K)
- Private Nonfarm Payrolls (consensus: 70K, previous: 37K)
- Thomson Reuters IPSOS PCSI (previous: 53.81)
- U6 Unemployment Rate (previous: 8.4%)
- Unemployment Rate (consensus: 4.4%, previous: 4.4%)
^^^^2026-02-09

Wir streichen einfach Arbeitslosengeld 1, Integrationskurse und schrauben die Wochenstunden hoch.
Wie, *warum wollen keine Fachkräfte mehr hierbleiben?* Alles faule Generation Z hier! (wütende Rentner-Geräusche)

Yes, but we are at an inflection point where 60k low must hold. Several things support the low at 60k being in before new ath, but we need to quickly take out 74500. Ideally not pullback before doing so. This would provide pretty solid conviction given the speed and price retracement.
On chain metrics show the buying was led by spot, not leverage.
The 60k drop was a massive deleveraging.
Extreme fear hit 9/100
More spot outflows from exchanges took place vs inflows showing bitcoins were moves to cold storage from buying the drop.on chain metrics show supply in loss and supply in profit have converged which historically has marked bear market lows.
200 week ema is at 58000, we stayed above it and saw a 13% rally. If this rally can take out 74500 there is strong conviction in the bottom.
The MVRV Z score dropped under 1 to .67. This says bitcoin is undervalued relative to its fair market value. It has also marked bear market bottoms.
The hash ribbon cross has occurred showing miner capitulation. This also signals bottoms.
Here is whats important...
Every bottom has the opportunity to seek continuation or fail.
Our bottom pivot is strong but now we need the signs for continuation or else this likely becomes the start of a redistribution event and an inducement.

I asked AI for options for dual reporting hedged GBP-denominated bond funds. Hope this helps. Cheers!
\- BlackRock Global Corporate Bond Fund - A3 GBP Hedged
\- PGIM Global Corporate Bond Fund - GBP Hedged I Acc
\- iShares ESG Screened Global Corporate Bond Index Fund
\- Allspring Global Income Fund - Class Z GBP Hedged (multi-sector)
High Yield:
\- BlackRock Global High Yield Bond Fund - A2 GBP Hedged
\- PGIM European High Yield Bond Fund - GBP Hedged
ETF:
\- iShares Core Global Aggregate Bond UCITS ETF - GBP Hedged (AGBP)
Each of these has a base currency (usually USD), offers multiple currency share classes (USD, EUR, GBP, etc.), provides a GBP-hedged class where FX exposure is neutralized, reports NAV and distributions in GBP.

Millennials are the greatest generation since the Greatest Generation
Boomers = Evil
Gen Z = Brain Dead
Gen Alpha = I dk
Oh I forgot about Gen X which is basically all there is to know 

I’d say most small businesses, especially locally owned family-owned companies often “do it wrong” but they can “get by” because they are either in a small market, they have been in business long enough that word of mouth supported them, or they have turned their company into a commodity.
The USP is just one piece of the puzzle that has hundreds of pieces.
When marketing is done right, you can call in the right buyer and demand higher rates (if that’s what’s desired) with less stress because you’re matched better.
Marketing isn’t just the brand colors…it’s the words, the promises, the tone & personality + where and how you advertise - and I can tell you from first hand experience that it makes a difference when done right.
A brand that wants to sell to Gen Z won’t use the same tactics as a brand who wants to sell to Boomers.
And a brand that wants to sell to other businesses won’t market the same way if they want to sell to homeowners.
Those are just two examples - I could write a book.
My experience is in construction and home services which isn’t an industry you mentioned but when you look - and you know what to look for, the differences are there. Especially for established brands who have been in business for 10+ years.

Fühl ich. Schließe mich an. Ich weiß nicht wie es euch geht aber ich hab bei den populistisch gepushten debatten gegen arbeitslose und „faule“ generation Z mega das schlechte gewissen nicht zu arbeiten. So ein gefühl von Wertlosigkeit. Das ist doch krank vor allem bei den tollen löhnen und obstkörben die man bekommt wenn man 40h/woche plus arbeitsweg zu50% für seine miete verwendet. Krank

Yeah. Jay Z before he was famous.
Those racists aren't going to be hanging out with some rappers.

Ich zahle gerne mehr Steuern, aber in Deutschland werden die eingenommenen Steuern und Sozialabgaben nicht sinnvoll verwendet. Über 90-Jährige, die CDU schlägt vor, Zahnuntersuchungen privat zu machen, und jetzt dieser Unsinn von der SPD. Die Babyboomer genießen staatlich garantierte Renten in 200-Quadratmeter-Häusern, während die arbeitende Bevölkerung Kinder versorgen, Hypotheken abzahlen und immer weiter abgezockt werden muss. Es gibt keine Garantie, dass die Millennials und die Generation Z jemals in Rente gehen werden. Warum sollte man das ertragen müssen? Was macht die Regierung da eigentlich? Ihre Prioritäten sind völlig verfehlt.

The letters on U.S. Navy war ships are sort of colour coded, with X and Y being black while the Z is red. I am unsure why they did not commit to it.

In the U.S. Navy the material condition of the ship describes a level of preparedness with regards to flooding control. Their doors are marked with the letters X, Y, or Z. If a door has the letter X on it and material condition Xray is called, then it should be kept closed unless actively in use.
Despite the general adoption of the ICAO spelling alphabet (“NATO phonetic alphabet”) the material condition of ships is one curious case where the older Joint Army/Navy Phonetic Alphabet (“Able-Baker alphabet”) did not subside. Pedants may have noticed I spoke of material conditions Xray and not X-ray. This is not the only difference, ws the other two letters use wholly different words. Rather than preparing for Yankee a ship at sea is to enter material condition Yoke.
Where's the fun about this trivia? When at general quarters a ship is to remain in material condition Zebra and I think that sounds cute.

Vielleicht mal lieber generell dort kürzen. Z.B Zahnersatz/ Zahn Prothesen etc. 100% Übernahme derjenigen die nie eingezahlt haben (inklusive Ukrainern usw.) streichen. Ist nen Witz, wenn man als normaler Zahler maximal 75% und selbst das häufig nur unter bestimmten Voraussetzungen

I recall an article that suggested Gen Z/Millenials are more online and things like only fans have somewhat replaced being in the physical strip club. No clue if there was any actual data to support those claims though.

This makes sense. I personally think the workflow lock in is also at risk with potential adoption of AI agents which can operate without any workflow dependency - work flows are needed for guide humans to go from A to Z but agents can operate without structured guidance.