881–889 of 889 posts
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It isn't not because of that either.
I’d need to see some statistics to be convinced either way. When I think of poverty, I think of sub Saharan Africa. I believe debt is legal in most of those countries, so the odds are that banning debt is a small part of the poverty picture.
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Lehman had assets of ~4% of GDP and was a pure investment bank. JPM has assets of ~15% of GDP and has 66 million household clients. I'll take the odds that it's too big to fail.
These are logical sounding arguments, and you are going to be right more often than not. But humans make these decisions, they made the decision to let Lehman sink and it was obviously bad in retrospect, and there were many folks who were opposed to the bailouts in 08. There are better options than playing these odds. Spread across banks, hold short term treasuries etc. Treasury functions at a company exist for a rea…
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You need a source beyond the video being obviously choreographed? Do you think real-life interactions are filmed that way?
They played air raid sirens for Biden[3], after Biden got assurances from the Kremlin for his visit[4], all the while even CNN reporters said that there were no signs of any strikes.
Why not just providing sources instead of slandering people that ask for them? Even if the person above is right, asking for sources and providing is the correct behaviour in an adult conversation on a platform that prides itself to be full of scientists.
[1] https://www.youtube.com/watch?v=zckV1bYrGdQ
[2] https://www.vogue.com/article/portrait-of-bravery-ukraines-f...
[3] https://www.youtube.com/watch?v=VfaCc1feMaM
[4] https://www.theguardian.com/us-news/2023/feb/20/how-biden-pu...
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i enjoyed reading this comment last night after it was posted 20 hours ago but i didn't think it was very likely to be correct 4 hours ago the fdic closed the bank i'm curious whether your account was fully fdic insured or how much you stand to potentially lose if not
not fully fdic insured
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If you can't see that immigration is having a negative impact, which so many voters perceive, then yes you have a minority perspective. Crime in the UK is so bad in some areas that Ukrainian refugees were shocked.
They perceive what the media tell them, not what’s actually happening, because fear and xenophobia sells newspapers. On average immigrants are younger, more law abiding, more likely to be employed, consume fewer benefits and make less use of health care than native born Britons. Also Britons who live in areas with large immigrant populations are the least concerned about immigration. As for the crime rate the percept…
Maybe if you define immigrants with passports as Britons. There's a reason why the BNP, British National Party, won the two seats they ever won in counties most affected by immigration. This effect would also be exact opposite of that in Sweden, which is intriguing, because here the sub-urb ghettos are split between social democrats, which the immigrants vote for, and the nationalists, which the few non-immigrants left vote for.
The fact that you are trying to argue that areas affected are the least concerned, when the case is exactly the opposite across Europe; says a lot about your "reality". Modern leftists are a scourge.
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You need a source beyond the video being obviously choreographed? Do you think real-life interactions are filmed that way?
I appreciate all the flags, but why is wrong to ask for sources? What isn't choreographed about that president? He has multiple US based PR consultants, there's a behind the scenes for his AR addresses[1], they had a vogue photo shoot[2] all in the middle of a war. They played air raid sirens for Biden[3], after Biden got assurances from the Kremlin for his visit[4], all the while even CNN reporters said that there w…
Anyway, I'm not replying to all your other crap, but you should check yourself b/c you're really buying into some obvious BS here.
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Lending money is like the grease in the gears of a liberal economy. In countries with such economies, the ability to purchase food is downstream of the economy operating smoothly. If you entirely remove the grease from the gears and the economy siezes up, you do put the ability for people to get food at risk. Agricultural business rely on lending, businesses that transport goods rely on lending, businesses that sell…
I agree with everything besides “business X relies on lending.” Businesses _in the west_ rely on lending. Islamic businesses _cannot_ morally or legally rely on lending, so they must have alternatives. And if you look at the alternatives you will realise that debt is not essential. Sure, if all western governments banned lending tomorrow there would be crisis, but because any major change shocks an economy, not becau…
I've actually come back around on the GFC thing :) The way in which it's the opposite is that with the GFC we had low inflation and high unemployment and right now we have high inflation and low unemployment.
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They perceive what the media tell them, not what’s actually happening, because fear and xenophobia sells newspapers. On average immigrants are younger, more law abiding, more likely to be employed, consume fewer benefits and make less use of health care than native born Britons. Also Britons who live in areas with large immigrant populations are the least concerned about immigration. As for the crime rate the percept…
> Also Britons who live in areas with large immigrant populations are the least concerned about immigration. Maybe if you define immigrants with passports as Britons. There's a reason why the BNP, British National Party, won the two seats they ever won in counties most affected by immigration. This effect would also be exact opposite of that in Sweden, which is intriguing, because here the sub-urb ghettos are split b…
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I agree with everything besides “business X relies on lending.” Businesses _in the west_ rely on lending. Islamic businesses _cannot_ morally or legally rely on lending, so they must have alternatives. And if you look at the alternatives you will realise that debt is not essential. Sure, if all western governments banned lending tomorrow there would be crisis, but because any major change shocks an economy, not becau…
Like I've been saying, businesses either rely on lending, or they rely on a state directing things from the top down. The alternatives are giant sovereign wealth funds. I think lending is much better. I've actually come back around on the GFC thing :) The way in which it's the opposite is that with the GFC we had low inflation and high unemployment and right now we have high inflation and low unemployment.
The GFC was caused by bad lending regardless of the levels of inflation and employment. Of course you are free to keep believing it's the "opposite." Doubling down on preconceived ideas is a pretty good strategy to never learn anything new. I'd prefer if you would provide a reason for your beliefs because I might learn something if your reasons contradict my own. Sorry if I sound harsh but it feels like I'm responding to an echo.