Noted.
Noted.
With nearly 900 BILLION dollars of CRE Mortgages coming due in 2024 alone a 5 % default rate has the banks taking losses of 45 Billion. By contrast at the height of the 2008 crisis the rate hit nearly 9%, which would put 2024 losses at over 80 Billion dollars. Then it happens all over again in 2025 when another 20% or so of CRE Mortgages come due!
How do I, a mentally-handicapped retail investor, short the ever-loving shit out of the CRE market? Can plebians like me even purchase credit default swaps?
which is now
loosinglosing value
to everyone’s detriment. Just because some guy’s asset is
loosinglosing value
𝕿𝖍𝖊 𝕾𝖊𝖈𝖔𝖓𝖉 𝕬𝖒𝖊𝖓𝖉𝖒𝖊𝖓𝖙
𝔄 𝔴𝔢𝔩𝔩-𝔯𝔢𝔤𝔲𝔩𝔞𝔱𝔢𝔡 𝔪𝔦𝔩𝔦𝔱𝔦𝔞, 𝔟𝔢𝔦𝔫𝔤 𝔫𝔢𝔠𝔢𝔰𝔰𝔞𝔯𝔶 𝔱𝔬 𝔱𝔥𝔢 𝔰𝔢𝔠𝔲𝔯𝔦𝔱𝔶 𝔬𝔣 𝔞 𝔣𝔯𝔢𝔢 𝔰𝔱𝔞𝔱𝔢, 𝔱𝔥𝔢 𝔯𝔦𝔤𝔥𝔱 𝔱𝔬 𝔨𝔢𝔢𝔭 𝔞𝔫𝔡 𝔟𝔢𝔞𝔯 𝔄𝔯𝔪𝔰 𝔰𝔥𝔞𝔩𝔩 𝔫𝔬𝔱 𝔟𝔢 𝔦𝔫𝔣𝔯𝔦𝔫𝔤𝔢𝔡.
𝓚𝓪𝓻𝓵 𝓜𝓪𝓻𝔁
𝒰𝓃𝒹ℯ𝓇 𝓃ℴ 𝓅𝓇ℯ𝓉ℯ𝓍𝓉 𝓈𝒽ℴ𝓊𝓁𝒹 𝒶𝓇𝓂𝓈 𝒶𝓃𝒹 𝒶𝓂𝓂𝓊𝓃𝒾𝓉𝒾ℴ𝓃 𝒷ℯ 𝓈𝓊𝓇𝓇ℯ𝓃𝒹ℯ𝓇ℯ𝒹. 𝒜𝓃𝓎 𝒶𝓉𝓉ℯ𝓂𝓅𝓉 𝓉ℴ 𝒹𝒾𝓈𝒶𝓇𝓂 𝓉𝒽ℯ 𝓌ℴ𝓇𝓀ℯ𝓇𝓈 𝓈𝒽ℴ𝓊𝓁𝒹 𝒷ℯ 𝒻𝓇𝓊𝓈𝓉𝓇𝒶𝓉ℯ𝒹, 𝒷𝓎 𝒻ℴ𝓇𝒸ℯ 𝒾𝒻 𝓃ℯ𝒸ℯ𝓈𝓈𝒶𝓇𝓎.
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the problem with democracy is the people are morons, so we’ve gotta figure out how to protect the idiot plebs from themselves
That is a problem. Representative democracy in our federal republic (the US) aims to mitigate the “tyranny of the dull mob”.
What we need (in the US) is to tweak term limits, introduce ranked voting, and have more direct-vote referendums to help check the power imbalance of plutocrats.
We don’t need to throw out the Socratic Method.
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I see.
Studying Socrates/Plato still has extraordinary value for young minds.
Because some who have questionable values “idolize” a source of knowledge and wisdom, doesn’t mean the source itself is tainted, heretical, and should be purged.
What is a “cryptofascist”?
For his time, Socrates (whether actually real or Plato’s fictional character for the dialogues) was incredibly, dare I say radically, forward-thinking in his ethics.
You guys need to recognize sarcasm.
Difficult through text and no accompanying vocal inflection.
I think the history is that Hernán Cortes defeated the Aztecs by building an alliance with the other tribes surrounding them who hated them.
::Tinfoil hat:: This is by design and they want you to quit as they are done extracting value from you and firing you is harder than making you quit.
Reverse uno: return to the office, slack off completely, force them to fire you.
Yah! Enclosing in double-tilda is for strike-through in general markdown syntax, I think.
I think you need 2 ~ on both sides of the characters you wish to cross out.
~1 tilda~
2 tildas
I have been raped before, and “enjoy” trauma from it into my 40s. It’s a perfectly fine subject to poke fun at and gasp is therapeutic to do so.
That specific joke was meh, but to say no rape jokes are funny? Please.
Promptly shove the pearls you clutch into your self-righteous ass, you unfunny sanctimonious twat.