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b_b  ·  32 days ago  ·  link  ·    ·  parent  ·  post: The Lab Leak Theory Doesn’t Hold Up  ·  

I'm just gonna post this here, since I'm sick of tormenting Hubski with these types of articles. This is a devastating long read.

https://www.vanityfair.com/news/2021/06/the-lab-leak-theory-inside-the-fight-to-uncover-covid-19s-origins

veen  ·  179 days ago  ·  link  ·    ·  parent  ·  post: Let's talk WSB, Gamestop and the rules of the game  ·  

So let me get this straight:

We have a financial system of investments that "worked", by which I mean for the sake of this simplification that it produced decent return on investment with relatively little investment risk. Over time, it has stopped working because the foundation has slowly eroded underneath it: the returns on things that are relatively low-risk are lower than ever, hardly beating inflation. This has pushed people controlling large sacks of money into more and more risky, more predatory investments just to keep the returns on their investments good enough, attempting to secure future wealth. The financial Overton window has shifted dramatically towards risk, the solid foundation of alpha gains falling out.

We have a financial system that used to be limited by the speed of a broker's mind. That used to be limited by the ingenuity of an Ivy League econ major to come up with new risks to create out of thin air on top of existing market and goods movements. Over time, the yelling at phones in a big room in NYC was replaced by computers, the creation of financial markets by computers, they're all interconnected in strange ways. The dark side of the pools are now squarely out of view of anyone with regulatory power, the frequency of high-frequency trading bots from companies gobbling up CalTech and MIT grads so high it's measured in nanoseconds.

We have a financial sector that got not much more than a mild burn from the Financial Crisis. No real strucutral repercussions, of course. With the bailouts left and right, and the money printer going brrr evermore, we have a financial sector that is not restricted but spurred on into madness, totally fine with taking obscene risks because their Clubhouse buddies are doing it too and you gotta keep up with the Jonases over at Goldman, right? So they short what they want. Who cares about a bit of leverage here and there if you're right.

We have a generation (or two) of the 99% who had the 'boomer dream of college-jobbyjob-house-pension shattered in front of our eyes in 2008, who are no stranger to nihilism in their 9-years-out-of-college 180sqft bedroom their degree got them. A generation who have not forgotten the tents of Occupy that did not colonize an inch of the bank accounts of Big Money. Enabled by the slot machine of Robinhood, unhindered by any lack of expertise, some gather on Reddit and speculate on the straight white bro horoscope that is the NYSE. They move a market here and there, but only if they align their lulz with their cash for a bit. They tell themselves this is how they reclaim their grip on the(ir) future, but deep down they know it's mostly a game of which they're a bunch of duck-sized horses fighting against an army of horse-sized ducks.

UNTIL someone came up with a plan that is equal parts nihilism, meme, and a call-out of the madness of the market. A plan that squarely points the middle finger at the amorphous class of the Rich who destroyed their future, by destroying their future with their own hubris. A plan that's easy enough to communicate in one of the few thousand Twitter threads that popped up as soon as $GME started getting traction. Easy enough to follow through on, throw a bunch of cash that wasn't growing anyway into it just to believe in the long arm of justice. Throw in some Musk and crying billionares to keep the train steamin'.

Cue billionaires crying because the wrong people are getting rich. A friend of a friend is actually hit badly by this! Can you imagine them picking something in my portfolio? Let's gear up the scare tactics and make Very Important Calls with Very Important People to put an end to these plebs. Let me call up that guy we lost to those Robinhood losers. He can buy us some time, for sure.

We have a stock market that has still ignored the largest health crisis since WW2. We have economists screaming recession for the last eighteen months. We have a market that has done nothing but radicalize, on the flimsiest of economic foundation, for the past decades. We have books left and right telling us how close we got to a meltdown a decade ago.

And now have Bed, Bath & Beyond going places. I'm not saying generations to come will learn Gamestop and Lehman in the same breath? But it's not unlikely.

johan  ·  265 days ago  ·  link  ·    ·  parent  ·  post: Pubski: November 4, 2020  ·  

Get a load of these guys, thinking they had it rough!

tacocat  ·  285 days ago  ·  link  ·    ·  parent  ·  post: Pubski: October 14, 2020  ·  

Breaking my exile

I almost died. One doctors said they almost put me on a machine. I had to call 911 and could barely make it down the stairs. Then I fell down in the parking lot while they wheeled out the gurney

All because of a little alcohol withdrawal

goobster  ·  290 days ago  ·  link  ·    ·  parent  ·  post: Republican senator says ‘democracy isn’t the objective’ of US system  ·  

My Mom was head of the US Chamber of Commerce for the Western United States for 14 years.

You got nothin'. Sit down.

coffeesp00ns  ·  290 days ago  ·  link  ·    ·  parent  ·  post: Republican senator says ‘democracy isn’t the objective’ of US system  ·  

    In a way his Trumpism is understandable, because I know he is continually annoyed by having to attend seminars about pronouns, sensitivity, etc., as part of his medical training. I think his perspective is that the majority of people don't know what sacrifice is and wouldn't be so concerned with political correctness had they ever been exposed to the real underbelly of the world (in a way that a Ranger with war experience has been).

This is, and has always been, the most bullshit excuse I've ever experienced.

Seminar presenter: "Maybe just don't treat people like shit?"

your bud: "Fuck that, these trans people who get disproportionately murdered and have often been completely disowned by the people who are supposed to care about them through thick and thin, are overrepresented in the military, and are disproportionately likely to experience homelessness, abuse, sex work, etc have never seen the real underbelly of the world like I have! They've never made any sacrifices ever! They can't possibly know what real life is like! They just need to toughen up!"

The inability for people like your friend to see past their own nose is astounding. My brother is a veteran with some pretty ugly PtSD, and he had been one of my biggest supporters, because he gets it. He doesn't want other people to feel the shitty things he's felt. He'd rather no one had to.

It costs your friend literally nothing to treat a trans person as a person, and treat them with respect. Instead he and his ego choose to create further suffering in a shitty world because he doesn't believe they've suffered enough to demand his pity.

coffeesp00ns  ·  319 days ago  ·  link  ·    ·  parent  ·  post: Pubski: September 9, 2020  ·  

Hey. It's been a while.

I'm on month number ... 6 (and a half) of unemployed/CERB. In that time I have

- learned python3, including pandas, some numpy (mostly pyplot and seaborn), and some machine learning stuff to predict future patterns in data (mostly economic).

- learned basic SQL

- started to work my way through JavaScript

- written most of a novel (still working on it)

- released my first short fiction with a price tag attached to it (2 bucks - if you're interested in a smutty WLW romance let me know)

- had a poem accepted to a local zine called "Kill Your Lawn"

- written some other shorts that will need some editing but that can be sent out to submission calls.

- replaced the clutch in my car (my dad was a huge help)

- had, and recovered from, an orchidectomy ( a kind of bottom surgery for trans women)

- learned how to sew

- Had one roommate break lease and leave early (My other roommate and I said Yay!)

- Had another roommate move in, then promptly die of a heart attack. (this was very unfortunate)

- helped coordinate said roommate's family's access to the townhouse so that they could take their time moving out his stuff (he had a lot of stuff)

I'm sure there are other things, too. Despite the length of that list it feels like I've not done all that much. It's been very hard to play music lately, especially the bass. I've been playing cello at socially distanced baroque jams on a friend's patio once a week - potent potables required, seriousness discouraged.

As other writer friends have said, if I wrote a year like this into a book it would be dismissed by editors as unbelievable and unrealistic. A lot of things are really wrong. To grasp at any silver lining at all, at least this pandemic has highlighted the stark distance between those who can make a living in my country, and those who can't, and how much our disability system and employment insurance (our version of unemployment) have suffered a death by 1,000 cuts over the years. The need to reinvest in ourselves, as a country, has become obvious.

Hope you guys are surviving. Things are hard everywhere.

CrazyEyeJoe  ·  329 days ago  ·  link  ·    ·  parent  ·  post: Wait, are we doing it wrong? [Potential major Hubski experiment]  ·  

Alright, fair enough. If I hurt your feelings back then, I'm sorry that I did, and I certainly didn't intend to.

I'll try to avoid it in the future as well, and hopefully we can have some more productive exchanges.

rezzeJ  ·  330 days ago  ·  link  ·    ·  parent  ·  post: Wait, are we doing it wrong? [Potential major Hubski experiment]  ·  

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Quatrarius  ·  332 days ago  ·  link  ·    ·  parent  ·  post: Wait, are we doing it wrong? [Potential major Hubski experiment]  ·  

then i think your first priority should be to attract people to the site and not fiddle around with the deck chairs on the titanic so to speak

sometimes i question why I'm here now that pabs is gone and galen never posts anymore, spoons is gone, SBG is mostly gone - my cohort on the site is gone and when i come on here there are fewer and fewer people i feel like i can relate to

i think the problem of muting and moderation has sucked up too much oxygen on here when both can be solved with a larger userbase and the current system of filtering/mutes

like.little hubble bubbles on the spokes of the hubwheel fibonacci hootenanny, small communities lead to segregation and less friction

i don't know, i just know that the community is why I'm here and not the features of the site and i don't feel like i fit in with the users here

and maybe that's just on me

user-inactivated  ·  349 days ago  ·  link  ·    ·  parent  ·  post: US Job Openings Rise: A story in three acts  ·  

ANDIWANNAQUITSOFREAKINGBADITHURTS!!!

rezzeJ  ·  361 days ago  ·  link  ·    ·  parent  ·  post: Pubski: July 29, 2020  ·  

1754 days ago, I made a comment on here about how my music of the past seemed a lot more popular. And how each new track got fewer and fewer listeners. kleinbl00 responded by saying this:

Today, after 3 years of sending tracks across, I got the go ahead for an LP from a label I have great respect for. Needless to say, I am thrilled.

I remembered the above comment many times during those periods where I doubted myself. So thank you for that, kb.

user-inactivated  ·  409 days ago  ·  link  ·    ·  parent  ·  post: Bret Stephens: What The Times Got Wrong  ·  
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