digglet90

5 ms·

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by digglet90 5y ago
"At its worst, for every £100 the banks had lent, if as little as £3 or £4 failed to be repaid, it might be enough to bankrupt them."
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by digglet90 5y ago
"Post-westphalian free market blocked from conducting transfers with financial institution investigated for potential top down fraud case related to the 2008 financial crisis" https://www.bbc.co.uk/news/busine
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by digglet90 5y ago
The "average consumer" should be educated on different types of financial ownership by the state run media/financial press: custodial-legacy (Barclays), custodial-challenger (Revolut), defacto-custodial(arguably all centraliz
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by digglet90 5y ago
This is correct but, crucially, not what was conveyed by the reporting on Binance in almost all of the major news outlets. For example the massively misleading previous headline "Binance banned in the UK" in the FT. The FCA rulin
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by digglet90 5y ago
Articles with misleading or exaggerated information have been flowing from the British press on this topic and is clearly (sorry to use the funny jargon) a "co-ordinated FUD campaign". I'm no fan of binance but where are the
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by digglet90 5y ago
Zombie economics
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by digglet90 5y ago
Of course I don't mean Edtech platforms that simply try to transfer universities online. There's something overcooked there that doesn't work imo.
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by digglet90 5y ago
https://www.youtube.com/c/thethoughtemporium/videos ^ basically the outcome of a section of a university from one person on a limited budget
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by digglet90 5y ago
Seems like there's an emerging paradigm for ignoring universities but still doing something of value in the "academic" space. This is just a dumb strategy but based on many examples I've seen recently. 1. Customise a cur
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by digglet90 5y ago
Staying at home and playing video games/yield farm is the most incentivised activity right now. This liberal-moral capitalism breaks my heart sometimes lol. Reap what you sow!
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by digglet90 5y ago
Imo, Wyoming or Sweden not something in between. Most economies do something in between and outrageously favour maintenance of large stores of ultimately unworkable existing wealth.
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by digglet90 5y ago
This is probably true but only in the sense that someone designing and building something slightly larger than human scale objects is an architect period. Some of this magazine's readers will be shocked by this because to them architec