#US banking crisis

[thebanksathi]

Root Causes of the US and Europe Banking Crisis

[aci25]

US Banking Crisis: The Truth Behind The Disaster

Silicon Valley Bank, Signature Bank and Silvergate bank have all collapsed throwing up a warning signs that something horrible is happening in the economy. But what's the truth here? This is a story of incompetence, a changing economic environment and political lobbying.

[mazzd4]

from Plestia's instagram story, it's extremely sad to see her saying that and extremely real : nothing is left in Gaza and Palestine, all because of Isreal's non stop violence that not only touched civilians but also the whole country and destroyed all of it's monuments, places, homes, markets, streets, parks.... to the point that Plestia cannot even recommend beautiful places to visit because all of them ended up being destroyed by Isreal, not only them, the US, France, the UK....

[awkward-teabag]

Love (cannot emphasis how much sarcasm there is in that word) that an official Canadian government response to high cellphone rates is to switch carriers.

Switch it to what? We basically have three companies since one was allowed to eat the forth (with the government saying it wasn't anti-competition and the company eating the other pinky promising they wouldn't jack rates up). Even the smaller companies have to rent infrastructure from the Big Three so there's only so much they can do if that rent costs an arm and a leg.

And that's not touching on how many "small companies" are actually just subsidiaries of the Big Three. You may save $5 but you're still with Telus/Rogers/Bell.

Or that the actual small companies tend to have shit coverage because they don't have the infrastructure available to them and are prevented from getting it. Or their traffic is throttled in favour of the Big Three's customers. Or both.

Or that they're extremely regional thus aren't an option for a huge chunk of Canada's population.

We have no true options and the government has shown time and again that they're fine with monopolies, in multiple industries, and don't care when said monopolies jack up prices to make shareholders and the c-suite more money at the expense of everyone else. At most there will be a verbal slap on the wrist and a giftcard for $25 that people have to register for, for a decade and a half of price gouging.

It's not talked a whole lot about outside the country from what I've seen and heard but Canada is a country of monopolies. A handful of companies own nearly everything, every province has a family or two that owns a hell of a lot (Nova Scotia is basically owned by one family at this point), and our government ignores it. Even the branch that is supposed to be against monopolies is fine with mergers and takeovers in most cases.

Because, you know, the company said it totally wouldn't use consumers' lack of options to increase prices.

[agentfascinateur]

In an era of equal rights, some chose to go backwards...

Ahead of the vote, a group of 25 Senate Republicans introduced legislation — the No Official Palestine Entry (NOPE) Act — that would prevent US funding from going to the United Nations and other organizations that grant the Palestinians “any status, rights, or privileges beyond observer status.”

[benjaminallhope-fulltimemind]

Here's a reminder that just moving won't fix or aid the housing crisis America suffers from, as this article points out people live at and move to places for a myriad of reasons. The only way to save ourselves is through radical wealth redistribution and redevelopment to ensure everyone can live and work wherever they want.

(kinda a short post, pretty tired and I'm gonna sleep soon.)

[mielwriting]

Does Teyvat have checks??

I'm writing a fic where someone needs to be paid long-distance (the job can be completed in writing) and I realized I'm not sure checks exist in Teyvat. Sending a crate full of mora would certainly be inconvenient.

One of the original reasons for the invention of paper currency was that metal coins were just so damn heavy to carry around everywhere.

Has Teyvat gotten there yet? Mona lives in Mondstadt and works for a Fontainian newspaper; do we know how exactly they pay her?

[kakashis-kunoichi]

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[ruvviks]

i finished the index page for my portfolio are you proud of me

[pharosproject]

Federal Reserve stuck between a rock and a hard place

[thoughtportal]

[mantisgodsdomain]

Milk and Green Apple for Penelope

(for this ask game)

Since we haven't introduced Penelope yet, as is standard, we'll do a quick write-up here. Penelope is a Galápagos fur seal (Arctocephalus galapagoensis). She's an accountant who works at a bank located in a tundra which primarily caters towards terrestrial animals. Though she doesn't particularly like her job, and initially picked this posting because it was the best option available to her during her CPA experience program, she sort of... got stuck.

Finding work is difficult. She was lucky enough to get rehired by the same branch after finishing her work experience program, but she can't really find anywhere else willing to hire her right now, and her branch is hesitant to let her go, considering that she's one of the most competent people available to her department. She can't really quit, but she can't really move forward, either, so she's sort of... stuck in limbo.

She's well-paid enough that she can live relatively comfortably, but she was at least partially a diversity hire to begin with, and the place she lives in now just plain isn't made for her. She's an aquatic species in a relatively dry area, and most of the species that her branch caters to are smaller prey species - hares, kea, and lemmings, and the occasional arctic fox. Most of the infrastructure is built for people half her size or more, and being an aquatic species, she's not really built to be living terrestrially 24/7 - wearing glasses is all well and good until your prescription breaks and the best replacement pair you can find is built for a stoat, and sure, she can afford a doctor if anything comes up, but no one in her area would really know much about her species, and can she really afford the time and effort added to the expenses of flying to somewhere else entirely just to see a specialist?

As is, she feels just... stuck. She handles it, mostly, with a mix of "gritting her teeth and bearing it" and "heading out to a nearby city which actually has infrastructure for anything bigger than a fox". She sort of has to make a Day of it every time she travels out, but it's better than staying in the same town all day, and paying a bit extra for a night out isn't *too* bad, all things considered. The situation, as is, is perfectly fine. She just... wishes that she could make something of her life beyond being stagnant in a town that she expected to just be a stop in the road.

🥛 [MILK] What is your OC's relationship with their biological parents like? What about their relationship with any non-biological parental figures?

Well... it's complicated. She doesn't have a bad relationship with them, per se, but it's a bit distant - she moved to an entirely different part of the world to take this job, and most of her communication with family members is by video call and similar things as a result. She cares for her family, and she wouldn't trade them for the world, really - but they expect a lot from her, and she's been stuck at the same place long enough that she's not sure she can live up to it.

Penelope sits in the awkward sort of space where she was academically successful, but that success didn't really transfer to almost anything else. She's got a job, she's good at it, she's got a degree - but she still can't get a job besides the one she's been stuck in for years already, and "still working at the same bank" isn't the sort of thing that feels good to say, especially when you've been in the same place for far longer than you've ever wanted to be.

Her parents love her. Her mother still holds out faith that she'll get that one promotion - just a few more years and you'll get your big break, just a bit more work and they'll notice how industrious you are, just a tiny bit more effort and you'll get a better position - but you can only believe something so much when you feel like you've been stuck in the same rut for so long. There's only so much you can hear about how you have so much potential before you start feeling like you're wasting yourself, and at this point... having the same things repeated starts feeling a bit like every day she doesn't get that break is a day she's wasting her potential.

She does not currently have any non-biological parental figures. Probably a bit late in her life to get one, but who knows at this point, honestly?

🍏 [GREEN APPLE] How do they differ from the norm and how are they punished for it?

...there's a lot.

Though her workplace tried to provide accomodations when she first arrived, it's been more than eight years, and nowadays she has to do most of her accomodation herself. Her eyes aren't really made to focus above water, she's got a very different body plan than most people at the branch, she's a predator big enough to make most of the other folks in her branch a bit instinctually nervous, and being one of the only seals that most people know means that she's been re-introduced to the same three harbor seals entirely too many times by now.

People don't really make chairs for people with tails the size of their bodies around here, which means that chair backs that accomodate her are generally a matter of either custom order or hoping that she's going somewhere that's dealt with one of the other half-dozen folks with the same needs.

Penelope is, fundamentally, Not From Around Here. She's not a species that's found around here, she's not a species that's especially adapted for here, and despite being a seal that's only around a metre long she still towers over most of the people at her branch. The closest person to her size is an arctic fox in the tax department, and he still doesn't really have the same sort of experience as her. She doesn't fit The Norm, pretty much in any way, and it... really, really shows.

[aci25]

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South Park always nails it

When someone asks me to explain the Bank collapse in layman's terms.

[agentfascinateur]

"People in #Gaza have told us that the dead are the lucky ones, because the wounded suffer so acutely due to the Israeli authorities’ blockade of lifesaving aid"

- HRW

[mondaymustread]

Nearly half of Americans say they're worried about the safety of the money they have in the bank. Yet most have their money in FDIC protected bank accounts — where it's safe.