0zemp2c

> What "dangers" are there?

turning in to a pathetic, obese lech who sits at home alone blowing another paycheck on Onlyfans, clinging to the misguided notion that women want anal on the first date?

and even worse, when real life doesn't line up with six-minute videos, the even worse outcome of woman-hating manifests

damn how will I be subjected to an endless stream of terrible comic book remakes if these writers can't strike a deal?

stay on strike as long as you like, I'll get by without an umpteenth Star Wars series

Its easy to make a headline by claiming AI will eventually replace people you never intended to hire anyway

how much of the world is going to be put out by the temporary hiatus of some late-night tv show?

in the 90s this would have prompted action...now...who cares?

streaming platforms will continue to deploy media produced months ago

youtube, tiktok and other forms of entertainment are all "amateur"

this will have the unintended consequence of exposing how little impact these writers have

for people who just want a place to dump their paychecks and have a credit card attached, this looks like a win

the bar is set pretty low right now, maybe people are just better off running daily expenses through a stable company that isn't a traditional bank

> 1. Unlike 2008, we don't have a whole host of risky borrowers and poor debt;

huh? student, auto, and credit card debt are all through the roof

auto loans are the new subprime

why does any company?

because they see the terms as advantageous

all the money-flush tech companies issue debt, even though they have no "reason" to

they lay off because they can

they issue bonds because they can

its smart - as money flees iffy industries like banking, it will be looking for a safe home...big tech will have no issue attracting capital

the only real danger is big tech getting extremely overbought, creating another systemic risk

whats even worse is that they never seem interested in assigning blame on Twitter's CEO and Board

Elon only offered to buy Twitter...that offer had to be accepted (and no, the Board was not "legally obligated" to accept the offer)

the people who trim trees in my neighborhood will still have a waiting list

coders should be worried though

countdown until he starts his own AI company and gets hundreds of millions in seed investment...

can't say I blame him, everyone in AI who can make a cash grab should do so

those people fled because they were told to by the financial press

this really feels like a setup to let a big bank buy a little bank for nothing

if we are really talking about people fleeing banks in "trouble", they would all close tomorrow...and don't tell me about stress-tests, those don't incorporate things like a broad collapse in commercial RE (which ALL the banks will be hit by)

you should be concerned that regulators, the financial press, large banks etc all seem to have guided this process

I see no reason why FRC couldn't have just gone on...shown a quarterly loss from time to time, lose and/or gain depositors, shrink or grow...

its as if it was "decided" that this bank will be sold off for literally 1 penny on the dollar

when the crisis deepens, The Fed will lower rates and all of FRCs bonds will be in the green again...and JPM got them for free

> The limit can be as high as the FDIC's feeling that particular day, the only thing set in stone is the floor of $250,000.00.

as long as the payout doesn't exceed the FDIC's funds

its a $100 billion fund insuring $14 trillion in deposits...

Like most buybacks, the government is paying $500 for someone's $200 Keltec (which may have already been "used", tainting it), and the seller will probably upgrade to an M&P or Glock (with clean serial #s)

Your tax dollars providing gun upgrades, those gift cards will be sold at for 80% cash value and then its off to buy a Glock

Lots of people use landscaping services

Most services want you on a weekly schedule because they make more money. Close-cut lawns are thirstier.

It can take effort to find services that will only come twice a month but they are out there.

Lawns aren't just ornamental for many...if you are on septic, the lawn is helping to recycle septic discharge, and trees would root too deep and break the lines.

forget your project for now, if you don't have a mailing address, you won't even be able to work at 7-11

figure out some way to get out of the homeless shelter, ASAP

then, get ANY job that pays you money

you are in survival mode, you can hack later

Why limit this to unsolved murders?

How many police depts ignore property crime?

How many police depts have hour long wait times for 911 response?

How many 911 systems routinely delay or drop calls?

We had a story near here recently where a DUI accident investigation couldn't proceed because it took so long for police to arrive that the suspect sobered up enough

Or the woman who was hit by a car and the police took over an hour to respond

You can find these stories for every PD now

That said, NPR should be more honest an retitle this story to be about Oakland though, because that is what they wrote about

this is starting to look like a (practically) forever war

both sides seem committed to impossible goals - Russia wants to occupy everything up to the Polish border, Zelensky wants Russia completely pushed back even out of Crimea

both goals seem unrealistic, and both leaders will probably be replaced by new leadership with an even more zealous commitment to the conflict

on some level I feel like the US administration is fine with this...on the most cynical level, a smashed Europe helps preserve US status militarily and economically

Powell is already the most powerful man in the world and is about to get even more powerful

the FDIC fund is around $100 billion...the amount of deposits it is expected to cover is $14 trillion

the Fed will end up taking over the FDIC; the Fed's printing press is the only real backstop for even 10% of what Americans think the FDIC will "insure"

I hope Jerome Powell will be a benevolent dictator....

Next time you attack a "conspiracy theory", look back at how many years passed from first mention of Epstein to a final admission...all the while, people who spoke out were derided as cranks.

I don't think 30 mins, 3 times a week of exercise is remotely close

only stretching back a few decades, my grandfather was working his own land as a subsistence farmer without much "automation"...probably doing the equivalent of three hours of CrossFit a day, basically every day. looking back at pics of him now...he was strapped, even in his late 70s (what was also known as "normal").

my genetics probably come from hundreds of generations of people who led similar lives, yours too

I achieved my "normal" body weight with a minimum of two+ hours per day, every day, of exercise...just like all of my ancestors who shaped my genes

90 mins a week is probably not enough to even slow down weight gain, we are dramatically underestimating how much exercise we need, and dramatically underestimating how much we need to clean up our diets...in 1880 basically anyone doing subsistence farming (most people) was the equivalent of a CrossFit nut with a "clean" diet...everyone

interestingly, most of FRCs loans seemed to be residential real estate to wealthy people

at crappy rates now (like most mortgages written in the last few years), but these borrowers seem extremely unlikely to default (and they can't refinance advantageously now so they are kinda stuck paying FRC)

what do you want Congress to do?

if they increase spending, you get more inflation, and then they have to eventually pay higher rates on their own debt

if they cut spending, they can deflate the economy, and they can't attract the tax revenues to pay their own debt

no good options in a society that has OD'd on debt since the mid 90s

if we were honest, the President would go on TV and tell us we are just going to be poorer for a while, which is something most people already know anyway

all of the banks have some Treasuries yielding next to nothing

all of the banks have DOA car loans (bigger than student loans now?)

all of the banks have mortgages they underwrote for thirty years at 3%...these may be a relative loss to Treasuries for a generation

all of the banks financed now-empty commercial real estate

when I last checked, First Republic was #10 in % of holdings not covered by FDIC, and plenty of big banks were ahead of them

First Republic may have sucked, but your bank does too

Amusing that people are fleeing to BofA, JPM, Wells Fargo as if they are safe

How many DOA car loans is BofA sitting on? How many 2.7% mortgages did WF underwrite? How much dead commercial RE is backed by JPM?

And they ALL bought US Treasuries yielding nothing

Go look at top banks by % of uninsured deposits...I believe First Republic is #10, way down the list

SVB was only guilty of being small

When landlords really start bailing on commercial RE, you will see a major bank implode, only a matter of time. Or, the car loan bubble pops first.

the third world isn't buying Intel's top-of-the-line CPUs...

go look at high-end Lenovo laptops with Intels' best CPUs...$3k+++

Intel and AMD won't last long selling cheap CPUs to a shrinking Windows market overseas

even if Windows survives, they will also likely move to ARM

Intel is in real serious trouble, and so is AMD

> Thats an incredibly privileged view on this. The world doesn't run high paying western salaries

but that hurts Intel too...their profit margins are in their high-end CPUs

people keep talking about the cost of Macs but they're cheaper than most Windows laptops...

go look at the HP, Lenovo sites...they're not steering people toward $400 laptops

> Nobody in the space gives a crap what laptops people buy for personal use once every 5-7 years.

maybe they don't, but Intel should

btw my employer (Fortune 100 co) has switched to deploying Macs and will probably deploy close to 100k, all the Windows laptops are being timed out