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Joined 1 year ago
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Cake day: June 3rd, 2023

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  • senoro@lemmy.mltoMemes@lemmy.ml~~Wall~~ Sesame street
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    1 year ago

    Except the banks payed it back. The US government profited about $15bn from the bailouts. Potentially a loss if considering inflation. Also banks were forced to take the bailouts to prevent a bank run. You would almost certainly have taken your money out of CITI bank if they were the only ones receiving a bailout from the government. Which would have cost the government more in the long term.

    Large banks like JPMorgan and Goldman Sachs had already paid back the government bailout by July 2009.


  • Look, I love having a blu ray player embedded into my console. But the fact of the matter is, a lot of these consoles have decently high end blu ray players in, and they are expensive. Consider the fact that low end consoles such as Xbox Series S are probably losing money for every sale. Asking them to tack on another feature means they either increase the price of the console or lose even more money on every console sale.

    You should have the option to select a digital or a disc version of a console. Maybe even be able to pay extra to upgrade the blu ray player inside your console to a higher quality or more capable one for those who want them.



  • senoro@lemmy.mltochapotraphouse@hexbear.net...
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    1 year ago

    I thought the indians did teach colonists how to grow crops like corn and often shared food with them. But then large amounts of Indians would die from a plague every time the colonists visited (disease moment), and then they became suspicious that they were purposefully killing them. And then the colonists grew suspicious that the Indians were planning on killing them and then they all killed each other. Except the colonists had guns and so they won.



  • It’s unlikely to cause any kind of large black market. In the UK, energy drinks have been restricted to 16+ for a few years now. People don’t mind off brand vapes or cigarettes (for some reason), but people absolutely care about the brand of energy drink they are buying. Kids especially, I imagine most only buy them to look cool, and if no one knows you are drinking a “cool” energy drink then why bother?




  • Good point. I am from the UK so my knowledge is best based around the UK (though I am no expert). But I think if governments can feel a crash coming then they can make short term policies and decisions that can push the inevitable off a bit more. In the case of the UK you see the government make questionable decisions on policies that may help in the short term but make things worse in the slightly longer term. Since the Conservative party are likely confident that they won’t be in power come next year, they are trying to delay a crash until then to save face. But in the process they make decisions which are very short term and will likely lead to economic decline. However, I want to doubly reiterate that I am no expert, barely an amateur. And if I am glaringly wrong anywhere please correct me and explain how I am so I can know better for next time. Thank you :)


  • Until some earth destroying, population decimating event takes place. I mean a market crash is inevitable, it’s kind of baked into Capitalism and is an essential part of the system. If you are talking about collapse as in full collapse, then it probably won’t happen within our lifetimes. If you are talking about a market crash, then probably within the next few years. Much more likely to be after 2024 since this is the point where a lot of very large economies (US, UK, India, South Korea) have their elections, and governments (especially so in the US and UK) are likely to want to postpone a market crash until after the completion of the next elections.

    A stock market crash or decline in economy isn’t really caused by anything more than people, collectively, thinking the economy is going to crash, like a self fulfilling prophecy. However a full financial market collapse would, in my opinion, only come after a huge world changing event, that most likely has to happen all at once (not climate change related disasters since the events won’t instantly happen all at once). It would have to be something along the lines of asteroid/comet collison, supervolcano eruption or nuclear winter.