AfricanExpansionist

joined 2 years ago
[–] AfricanExpansionist@lemmy.ml 21 points 3 months ago

But he DID earn social security

[–] AfricanExpansionist@lemmy.ml 2 points 3 months ago (1 children)

We had Bernie 🤷🏻‍♀️

[–] AfricanExpansionist@lemmy.ml 7 points 3 months ago (1 children)

Linux Mint or vanilla Ubuntu. They're nice, we'll developed and stable with lots of software available. Never need to use a command line unless you want to

The file system takes some getting used to, but it's similar to Mac. The only folders you need to worry about most of the time are /Home and /Media. Home is where all your stuff is. Media is where you find all your drives and partitions

[–] AfricanExpansionist@lemmy.ml 13 points 3 months ago (4 children)

We got nobody in positions of power

[–] AfricanExpansionist@lemmy.ml 8 points 3 months ago

I'm glad to see people taking a stand against it but damn, that's not many

[–] AfricanExpansionist@lemmy.ml 3 points 3 months ago

Por que no Los dos?

[–] AfricanExpansionist@lemmy.ml 9 points 3 months ago

It always blew my mind when this kid ten years younger than me was cheering about Obama killing bin Laden without producing a body, no arrest or trial... When I pushed him about it he accused me of lacking patriotism.

[–] AfricanExpansionist@lemmy.ml 54 points 3 months ago (43 children)

Where are the Democrats standing up for him?

[–] AfricanExpansionist@lemmy.ml 3 points 3 months ago* (last edited 3 months ago)

I'm still buying and holding GME shares. Waiting for UBS to blow up. They hold all the toxic Archegos shorts from January 2021, that later forced Credit Suisse to go under. These shorts will go onto their books on March 21. For his fraud and mismanagement related to January 2021, Archegos founder Bill Hwang was sentenced to prison last year.

What comes next?

Swiss National Bank basically forced UBS to take the bags from Credit Suisse. They refused and so SNB sweetened the deal by giving them hundreds of billions in cash-- twice! Now UBS auditors have seen what's in the bags and they are panicking behind the scenes

[–] AfricanExpansionist@lemmy.ml 19 points 3 months ago (2 children)

Student Loan Asset-Backed Securities

Basically, people can buy the rights to your loan payments. Maybe they get packaged together with many others' debts.

SLABSs are quite profitable, obviously. During COVID years there was a freeze on debt payments and holders of SLABS started to feel the squeeze. SLABSs are such a guaranteed return that people/banks/hedge funds can use them as collateral for loans and stuff. So during COVID, SLABSs became a liability. Or so it's been speculated

If people start defaulting on their debts, SLABSs could be centrally involved in a financial collapse, the first domino to start chain reaction of margin calls

[–] AfricanExpansionist@lemmy.ml 15 points 3 months ago (5 children)

SLABs will tank, someone's collateral gonna get busted

[–] AfricanExpansionist@lemmy.ml 3 points 3 months ago (1 children)

Maybe but in my experience it's a lot of hassle and authoritarian bullshit. Worst airports of any country

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