Only those 250K and below depositors will get their money back pay by Fed. Amount greater than that subject to availability of asset fire sales AFTER more senior debts repaid. Depositors are considered "investors" by SCOTUS and hence has much lower pecking order than other secured debts. They are higher than unsecured debt and stockholders if that is the silver linings you looking for.
Just go look up Asian and mostly BRICS countries are dumping US debts. China has lesser T-Bills than a decade ago. This massive sell off already spooked US Treasuries. Look up Janet traveling intinerary for the last 2 months. Fed is buying up and interest rates is higher than Fed rate at this moment. Many banks are parking their cash there. A doubling of rates will cause billions of immediate lost. Even they refuse to write off, bank run is happening. I have many friends fired from jobs couldnt get a single HR interviews for already 2 months...something unheard of just 6mths ago. These jobsless people will drain their deposit akin to bank run indirectly. Right now foreign countries e.g. China and many Asian and middle east countries are actively liquidating their American assets and repatriate their cash back. We will see at least 2008 if not the GD of the 1920s-30s in coming 12-24mths. The only thing that will stop this is USA go into war with Russia. That will temporary boost economy before total anhinilation. You will be surprise how shortsighted American leaders are trading short term gain for long term demise.
Open spaces allow easier monitoring and easier allocation (hot seats). This cubicle wont last long before they rediscover the need of management which is easier management (easy monitor+easy allocation). I give it 3 years at most.
Not going to happen. Supreme court has ruled depositors as investors. The pecking order after 250K is just slightly better than unsecured loan and shareholders. Who would have though Lehmans 2.0 replay itself again.
Depositors are consider investors in banks. 250K and below will be insured by Feds. Anything above will be considered like civil forfeiture that will be given to debts with higher seniority. Salary and bonuses of staff will take the highest seniority. Then secured loans. Depositors will likely get a portion of their remaining money just before shareholders. This is very well established principle. You can go checkout how much depositors in Lehman Brothers gotten their money back.
There is nothing lucky about his pull. When you are super rich you get access to highly restricted network. You will know people and have access to them directly that ordinary peasants like us cant. He most likely have been warned months ago. And his own ai tech can piece together how reliable his warnings are.
Maybe because you have a niche Linux uses and very specific distro. On Windows, there are no distro and no gui manager. Everything works. I have been to old folks home teaching computing. From starting Windows to surfing Internet to print out take less than 15mins. The teaching is very straight forward. The same for Linux which I taught a bunch of teenagers are nightmare when they bring their own laptops. So many drivers missing and breakage here and there. The irony is that wsl actually save the day because it just works. I can setup a scenario where closing my eyes and select 25 brands and install python anaconda and minecraft to just work. I can bet 100K usd you cant do the same in the same amount of time on Linux of ANY distro of your choosing. Simply you are damn good with your specific Linux and your niche habits doesnt translate to majority computer users worldwide. Take building controls very specific niche, Linux equivalent GUI server simply rare and usually lack the full feature of Windows equivalent. Yes, one can run Win VM in Linux to get it done, but boy that is getting complicated for engineers working in that field.
Many of these rich are running businesses which employed poorer salaried people like us. Not saving us directly in 2008 is ok as back them we are minority. Not saving these businesses will trigger a Lehman Brothers contagion collapse which means a lot of people like us will be out of job...meaning a lot of us have to restart our careers like 2008. Furthermore, these time it will impact higher paying jobs in techs. The lost of 1 tech worker can easily destroy 5 to 10 walmart workers level jobs. They buy less gadgets, groceries and vacations which poorer people seldom do as much as these tech workers (I have yet seeing walmart "associate" buying tesla but seen more than 200+ tech workers own one at least in the last 10 years. Guess what will happen after the collapse? China will take over. These lost tech workers will work remotely for others divulging tons of IP knowledge (I know this full well because this is essentially what my 3 companies actively engage in).
Meta has multiple server relay nodes in EU. Just shutfown the relay nodes in UK and geolocation block all incoming connections to EU servers coming from UK IP address. The phone number is just at user registration. Back-end they know. Heck, my whatsapp even route my voice call info (likely they transcribe and send to FB adverts processing via chatGPT-like solution) and flooded my FB with related ads derived from my voice call keywords.
Delusional research. Why not 20 similar interviews of French Foreign Regions? There are many Russians, Americans and French there that joined Wagner. Also, Russia has this at SMO level, meanwhile Americans had it at war level with Afghanistan, Vietnam and Iraq. All 3 concluded with American defeats especially humiliating with the recent Kabul flee. It is best the research higlights why this war shouldnt happen in the first place and analysed Minsk 1 and 2 failures by West (especially French and Germans to adhere to). Also, China is entering this war with military support (sending drones, equipments and mercs). Ukrainians will prevail...like Libya where many of its people suffering and participate in fresh trades. I dont think this is what we want how Ukrainian prevail.
Without cheap Russian oil+gas and worldwide dedollarisation with rise of BRICS, EU will turn into just another Sri Lanka worth of GDP in coming 50 years. In my 30 years kf investment portfolios, EU portions had shrink so fast. You can see their footballs revenue shrinking, persistent high unemployment, lack innovations in tech sectors, insurance especially maritime market share erodes fastest this year. Asians influx (especially Chinese and Indians) had been eclipse by middle east and Afticans. You know how industrious amd rich the Chinese and Indians. Doing business is just not worth it in EU. The cost on average is about 20-50% higher than anywhere in the world and that was before losing Russian oil+gas (now is closer to 100% and still rising).
Need to have law that force refund in cash only and 4x penalty for refund in any form. Business also response to profit and lost. In this case if the lost is significant they will be motivated to do things correctly. Unfortunately, MPs arent that bright and focus. They do other things that outside of the benefits of their constituents.
Let them be. I have seen a grandpa sufferring for 10 years on iPhone (he bought new one every 2 years). He just upgraded to S23u and very happy with it. His wife still sticks to i13pm. Some just want burn thru their cash because they believe it is worth it. Some didn't know. We can only help the later group by informing. The former group won't bulge even if the realized it. It is human nature.
Isn't this is more hardware dependent? A 2012 Intel notebook vs a 2022 AMD laptop would yield different results with same code. Also a well tune assembly can do these way faster. A python wrapped with assembly functions and run on a machine 6ghz Intel machine with ramdisk would also outperform this. I always feel this kind of claim is not helpful in day to day usage.