@andrewbstern@ajlamesa@Superplant33770 Very strong “the economy is doing great according to these 3 charts, what do you mean people are struggling” vibes. Ignore people’s lived experience at your peril. Or go visit Venice, Roma Norte, Florence, Barrio Attico in the high season. I promise it’s not like Manhattan.
@dbergstresser@JustinWolfers He will himself (gracefully) admit that he’s far from the top of the sport excerpt when it comes to climbing without a rope (which is a fringe practice). Czech climber Adam Ondra has been much more dominant over the past 10 years, both indoors and outdoors.
@caro Also a recipe for living an anonymous and low impact life largely devoid of new experiences, rich friendships, and larger enterprises beyond what’s possible with a small nucleus of people.
@jburnmurdoch I think THAT’s the primary reason - the Anglo legal and political tradition encourages objections and litigation, and puts the rights of individual owners above all else, esp the interest of the commons.
1/.. SVB, part 2: lessons for regulators.
SVB failed because of unhedged interest risk exposure on MBS and a run by uninsured depositors.
The MBS exposure was very large; the deposit-base unusually risky. That's why SVB was the first to fail.
Now what?
1. SVB part 3: If only SVB had been forced to run stress tests on interest rates... right?
Well, it's a bit more complicated than that.
In 2010 Dodd-Frank introduced toug requirements for banks with more than 50b in assets.
Then Barney Frank became a de facto bank lobbyist..
for some *ridiculous* reason the french love to translate movie titles from english to... english
here's a thread with my all-time favorites, starting with "the hangover"
...i mean VERY BAD TRIP
Tinder, but for cancelling meetings on calendars.
If both people swipe on a meeting, it disappears. If only one person swipes, nothing happens. Standing 1:1s, etc.
@I_Am_NickBloom@ModeledBehavior Large tech companies are laying people off and reducing their cost burn because of reduced growth rates, but the rest of the economy seems to be humming along, no?