251–260 of 424 posts
Would be slightly more insightful if it was inflation adjusted. The circles on the right should be ~30% smaller.
The "Bank failures" title is misleading, when only FDIC banks failures are included.
"investment banks" are also misleadingly named in my opinion. This dataset seems to stick to what the more common idea of a bank that accepts deposits and offers checking/savings accounts.
Ok, this must be a silly question but... What programming language/library is that? I am used to R + ggplot2 and I am aware that are quite a variety of other tools out there. In this case I unable to identify which one he is using.
Weird part about this whole thing is, we have been repeatedly told that banks are good and they learned a lesson in 08. Now both tech and banking are in trouble again.
> we have been repeatedly told that banks are good and they learned a lesson in 08 This is a wholly different lesson. In 2008, banks were making bad investments. In 2023, the changing interest rate environment caused good investments to become worth less than their original value. If held to term, things would be fine, but liquidity issues put stress on the system. These are not the same, and we have better means of…
They were not good investments
Ok, this must be a silly question but... What programming language/library is that? I am used to R + ggplot2 and I am aware that are quite a variety of other tools out there. In this case I unable to identify which one he is using.
Earlier quoted context omitted.
reuters good enough? https://www.reuters.com/technology/bankrupt-crypto-exchange-...
its kinda lite on details, but i guess "Cash and liquid crypto assets" says enough. I think the claim they have "recovered 7.3 billion" is an overstatement... but time will tell.
Ok, this must be a silly question but... What programming language/library is that? I am used to R + ggplot2 and I am aware that are quite a variety of other tools out there. In this case I unable to identify which one he is using.
The person who wrote this blog also wrote the very popular and famous D3 visualization library for Javascript. It also looks like this is javascript from the code.
Earlier quoted context omitted.
> National governments should control their own money, scrap interest entirely. Let the market decide what each currency is worth for international trading. Isn't this how the current system already works? Except for the "scrap interest entirely" part, which I'm not sure know what it means.
No, governments don't control the money printing machines. Scrapping interest means that when the money is loaned after being printed, there isn't a debt attached to it.
Earlier quoted context omitted.
I’d like to see a list of those assets because this one consisted of a bunch of garbage tokens largely worth nothing. https://cryptoslate.com/breakdown-of-current-ftx-assets-show... The top token in that list, Serum, listed as worth $1.9 billion, had a trading volume of only $2 million yesterday on Binance. -2% depth is $60,000 lol. https://coinmarketcap.com/currencies/serum/markets/
we can debate liquidity and depth of the market for those assets, but they're also just using the same standard as what was lost as well, so does it really matter? unless we’re going to start with “they didn't lose $8.6bn and an independent valuation put all lost assets at $2bn so now everyone’s solvent what an amazing turnaround”