let crazy put its dick in you
Monday, 13 March 2023

Why the Banking System is Breaking Up

quote [ The collapses of Silvergate and Silicon Valley Bank are like icebergs calving off from the Antarctic glacier. The financial analogy to the global warming causing this collapse is the rising temperature of interest rates, which spiked last Thursday and Friday to close at 4.60 percent for the U.S. Treasury?s two-year bonds. Bank depositors meanwhile were still being paid only 0.2 percent on their deposits. That has led to a steady withdrawal of funds from banks ? and a corresponding decline in commercial bank balances with the Federal Reserve. ]

Two of the three of the biggest bank failures of all time in the US happened in the last 3 days. Good times.
[SFW] [business] [+2 Informative]
[by steele@2:10pmGMT] [3 comments]

Wednesday, 1 March 2023

BIEN ? Basic Income Earth Network

quote [ Founded in 1986, the Basic Income European Network (BIEN) was established to serve as a link between all individuals and groups interested in Basic Income (that is, a periodic cash payment unconditionally delivered to all on an individual basis, without means test or work requirement) and to foster informed discussion on this topic throughout the world. In 2006, BIEN became the Basic Income Earth Network. ]

Some old roots org. Thumb nicked from the history page.
[SFW] [business] [+2]
[by Paracetamol@8:21pmGMT] [0 comments]

Thursday, 23 February 2023

How Google Manipulated Digital Ad Prices

quote [ Google Ads allegedly submitted two bid prices, unbeknownst to advertisers and publishers, effectively controlling the winning bids and the price floors. To entrench its market power even further, the suit argues Google started manipulating ad prices under a different method, which it dubbed ?Bernanke.? ]

Even messier than expected ? apart from the military stuff they're really making efforts in being evil.
[SFW] [business] [+2 Informative]
[by Paracetamol@8:14pmGMT] [4 comments]

Monday, 20 February 2023

Rubble brings opportunity, and risk, in war-scarred Gaza

quote [ The most popular items are the ?sesame,? which is used for making cinder blocks, and the ?lentil-like? grind sent to cement-mixing factories. ]

Interesting insights into the debris market.
[SFW] [business] [+1 Informative]
[by Paracetamol@7:10pmGMT] [0 comments]

Sunday, 19 February 2023

Old Archives, New Controversy

quote [ The New York Times has the most robust online archives of any newspaper, but it?s proving difficult to square their handling of a recent controversy with the quality of those archives. ]

I read all about you in the new york times
[SFW] [business] [+3 Interesting]
[by ScoobySnacks@6:04amGMT] [7 comments]

Sunday, 12 February 2023

What is The Most Successful Hollywood Movie of All Time?

quote [ did you predict My Fat Greek Wedding (surprise!) ? 7,375% recovered ? grossing $369m against a budget of $5m?
Hollywood [is] so obsessed with horror movies [because] they make a **massive** return on their investment. ]

This is very interesting info on movie economics. via Information is beatuiful dataviz blog.
[SFW] [business] [+3]
[by Paracetamol@9:42amGMT] [1 comment]

Saturday, 21 January 2023

The $2 Per Hour Workers Who Made ChatGPT Safer

quote [ The story of the workers who made ChatGPT possible offers a glimpse into the conditions in this little-known part of the AI industry, which nevertheless plays an essential role in the effort to make AI systems safe for public consumption. ]

The toxic moderation jobs that have to be endured in these employments are probably way worse than bad wages.
[SFW] [business] [+3 Underrated]
[by Paracetamol@8:42pmGMT] [2 comments]

Tuesday, 17 January 2023

Turner Tunes

quote [ That time Ted Turner tried to compete with MTV by launching a competing music network of his own. It lasted five days longer than CNN+ did. ]

Like my music channel
[SFW] [business] [+2 Informative]
[by ScoobySnacks@6:02amGMT] [1 comment]

Friday, 30 December 2022

In the Southeast, power company money flows to news sites that attack their critics

quote [ Alabama Power and Florida Power & Light hired the consulting firm Matrix to help shape their fortunes. Matrix funded six sites that covered politics, filling a void left by the decline of local news. ]

Made it to the power company
[SFW] [business] [+2 Informative]
[by ScoobySnacks@6:04amGMT] [2 comments]

Wednesday, 28 December 2022

Welcome to Digital Nomadland

quote [ A Portuguese island created a village for remote workers, promising community to the newcomers and prosperity to the locals?then delivered on neither. ]

Stay afloat, like we on a boat, gotta work remote
[SFW] [business] [+3 Insightful]
[by ScoobySnacks@6:12amGMT] [2 comments]

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