Viewing profile — esja

Worth noting Robert Morris's addendum: "Including Common Lisp".

It was Muhammad Ali, after the Rumble in the Jungle against George Foreman in Zaire in 1974. On his return he was asked what he thought of Africa and said “Thank God my granddaddy …

You're right, and it's getting worse, but even in 1962 there were problems: https://en.wikipedia.org/wiki/The_Image:_A_Guide_to_Pseudo-e... The internet accelerated the decline by …

Zurich

In my experience the women who make it to these levels are no less domineering than the men, and often more so.

Yes, that’s the big unknown. It’s hard for any sort of anti-establishment populist to emerge. Trump is an example of this: he basically ran against both parties, was rendered ineff…

You’re right, it’s not obvious. And perhaps to strengthen your point, countries with compulsory voting (e.g. Australia) don’t seem to show any particular skew. Regarding the origin…

It didn't happen that way either: https://www.politifact.com/factchecks/2020/jul/11/joe-biden/... He initially referred to UV light as a disinfection agent, and then to the "bleach…

He never advocated injecting hydrochloric acid.

Those facts don't support your conclusion. The popular vote is not even close to "a majority of Americans". Something like 120 million American adults didn't even vote in 2016, ver…

It's not wild. It's precisely what they did in 2015, as revealed by WikiLeaks: https://www.salon.com/2016/11/09/the-hillary-clinton-campaig...

There are a lot of cases where a small minority is heavily invested in a topic at the individual level, while the majority (who have an opposing view) are not. The small minority h…

Yes, but the SNB and FINMA (and the Federal government) will try many other things before it comes to that.

You could always ask the Financial Stability Board: https://www.fsb.org/2022/11/2022-list-of-global-systemically...

How is that relevant? You said: "It does not have a significant retail presence." Meanwhile, CS does have a massive retail presence, in Switzerland, and has done for 150+ years.

What? CS has a massive retail bank. It’s their most profitable division and has existed for 150+ years.

CS operates in 50+ countries. All the largest entities have resolution/winddown plans agreed with their regulators. In reality they probably won’t be used because the SNB and Fed w…

They are a bit less important than they once were in terms of volume, but they are still massively interconnected with the rest of the system. There is zero chance they‘re just lef…

Not a chance of a natural implosion. CS is one of a very small number of globally systemically important banks.

"depositors lend their money to a bank, for which they are paid interest, and banks lend that money out" ... isn't how banking actually works. https://www.bankofengland.co.uk/quart…

It was a real initiative using a real company which specialises in this. They just aren't very good at preserving the intent of the author and the nuance of the text. Which is exac…

The prison issue wasn't the only straw but I believe it was the last one. It wasn't just that her government tried to put a male rapist in a female prison, after ignoring years of …

I call them complexifiers... because that's their habitual response to problems. I prefer to hire simplifiers (within reason). Some complexifiers are not nearly as smart as they se…

A lot of mainstream banks felt uncomfortable about getting involved with crypto. But at the tail end of a monetary bubble when everyone is chasing yield, the pressure from your boa…

You're mixing up cause and effect. When you make terrible architectural choices, it leads to the other problems you mention. You can't build a house on quicksand, no matter how wel…