The indigenous people are the shareholders, so no it isn’t.

You think that high interest rates keep real estate prices high? That’s the opposite of what happens with high interest rates. People can’t afford to pay as much when interest rates are high (like they are now).

I’m judging solely based on your comments. You are using big words incorrectly. You clearly don’t understand what you’re talking about if you think high interest rates keep real estate prices high. Also, your description of Japan’s economic problems are disjointed and confused, not correct.

It’s not a “failed model”. Japan has issues because banks committed fraud and disguised non-performing loans. There are strict rules in the US about when assets must be “marked to market”. Plus the US has a growing population because we let in immigrants, which supports a growing economy. We are not close to having problems like Japan.

There are also many levers the Federal Reserve can pull to keep banks in check. As I said, they can raise and lower the reserve requirement and raise and lower the overnight lending rate. This can prevent banks from going nuts with lending, but obviously can’t prevent all asset bubbles. Sometimes people are just irrational.

Frankly you seem to be using a bunch of big words and implying that they make a point. Using “ex nihilo” instead of “from nowhere” clinched it for me. Also, you spelled “keiretsu” wrong.

Yes, they still have it. It’s just not in cash.

Fractional reserve banking works because most people don’t need all their money as soon as they get paid. Most businesses keep some money in the bank too. Banks have a required percent of deposits that they must keep on hand to allow these withdrawals. And if they run low on cash, they just borrow money for a day from other banks (literally just one day). The US government can adjust the percent of required reserves or the overnight lending rate to keep banks from lending too much money out.

Banks use this money to loan to businesses or people buying houses. It works well because whenever the money is loaned out it is used for a purchase and just redeposited in another bank. A percentage of that money is retained by the bank and the rest is loaned out again. And again and again. This way money is “created” when people buy things in the economy.

They said AI would take you places. They never said they were places you wanted to go.

Plus y’know the unreal amount of money it pays for work that isn’t even that hard once you’ve built the muscles.

Don’t sell yourself short. Pay isn’t about how hard your work is. It’s about how much money the company makes off of you and how quickly they can replace you.

This was obvious during the pandemic when all the “low skill” jobs hiked their wages. It turned out most office jobs were not as important as retail work, so lots of people in retail got raises for the same work.

Yeah, it’s extremely easy to not be blocked.

I dunno. It was there before. Maybe just total their last 5 comment scores. So it’s easy to just not be a dick all the time and get through the filter.

I wish you could set a personal minimum “karma” and age requirement. Like I don’t want to hear from anyone with an account made in the last week. And no one with karma below zero.

It’s not really a high bar, it mainly blocks people who get banned all the time.

I read that page too. They also say:

Devices containing lithium metal or lithium ion batteries (laptops, smartphones, tablets, etc.) should be carried in carry-on baggage

So it’s not “ok”, but they probably don’t want to deal with arresting people for it.

No, it doesn’t depend on the airline. In the US, the TSA banned all lithium batteries in checked baggage:

https://www.tsa.gov/travel/security-screening/whatcanibring/items/lithium-batteries-more-100-watt-hours

It’s illegal to put a lithium battery in your checked luggage anyway.

Don’t forget rule 1

It’s just American cheese. If that’s the best you’ve ever had, you’re remembering incorrectly. Maybe it was the best thing you had at the time. It’s definitely not good cheese.

Don’t listen to anyone else mentions “guillotines”. It didn’t even work for the people of Paris, who eventually burned it.

The fundamental problem is, people want to live in certain locations and in modern homes. There’s plenty of cheap land in the middle of nowhere but no modern comforts. And modern homes are much harder to build than older ones were. This reduces the supply of new homes and increases the value of existing housing.

One potential solution is taxing rental income and supporting first time homebuyers more. Or maybe increasing regulations and inspections of rental properties. This would remove the worst landlords and lower the cost of buying a house. Literally tax rentals and send the money to first time homebuyers.

Landlord are fine, just like private farming is fine. Food is necessary to live too, but few people are clamoring for “government cheese”. The problem is the housing market is full of unregulated rentals where the only qualification to rent something is having the key. Make landlords jump through some hoops and the worst ones will sell to first time homebuyers.

This is the main issue. There’s not enough skilled workers to actually make enough houses and homebuilding supplies. It’s so expensive and the average person can’t do it up to code.

Before, if you had some small amount of money and a lot of time you could just buy a small plot and build a house yourself. Now you’d be an idiot to waste time doing that. No one will buy your handmade house even if it’s up to code.

Apartments in cities used to be cheap because the city stank of horse manure and smoke, and there were no elevators. Basically we’ve made the world much nicer and realized people will pay an arm and a leg for a nice place to live.

the criminal cases are coming against Trump. And the plaintiffs will most likely lose those criminal cases.

Bank fraud seems relatively easy to charge him with. If you knowingly provide false info on a bank document, it’s a federal crime. His signature on each loan application was a crime.

You can’t tell the State of NY your building is worth $1 and tell the bank it’s worth $3. These banks literally had a procedure for dealing with his constant lies on bank documents. Large banks are federally regulated and it’s a federal crime to lie to them on your loan application.

there will be nothing else

That’s putting it a bit strongly. But it does induce people to spend money. Personally I don’t spend extra money on games. I can go to Vegas if I want to gamble for money.

Many UX people disagree with you. Here’s a discussion on it, including the guy who invented infinite scroll:

His name was Aza Raskin and he now says he’s deeply sorry and feels guilty about it.

https://bootcamp.uxdesign.cc/how-the-invention-of-infinite-scrolling-turned-millions-to-addiction-3096602ef9af

Ancestors? My friend, people drink lukewarm beer now.