Melitopol [none/use name]

  • 108 Posts
  • 367 Comments
Joined 2 years ago
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Cake day: February 1st, 2023

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  • check out world inequality report

    https://hexbear.net/pictrs/image/syfnwDImxC.jpg

    https://wir2022.wid.world/www-site/uploads/2023/03/D_FINAL_WIL_RIM_RAPPORT_2303.pdf

    In the early 20th century, income inequality in Russia was especially high (the top 10% income share was close to 50%), but it dropped significantly after the 1917 revolution. After the implosion of the Soviet Union in 1991 and the subsequent “shock therapy” (a mixture of abrupt privatizations and deregulation), incomes at the bottom and the middle of the distribution declined. Conversely, the very rich gained substantially from the new economic regime, large-scale privatizations and very little control over financial flows. Tax evasion among wealthy Russians is particularly high.








  • It spat out Gary Vee shit for me:

    ` Great, let's get started! Since we have a limited budget and time, we should focus on low-cost, high-profit ventures. Here's a plan:

    First, I suggest we invest $40 in purchasing some used items with high resale potential, such as clothing, electronics, or collectibles. Look for these items on local online marketplaces, garage sales, or thrift stores. Make sure to negotiate for the best price.
    
    Next, invest $20 in creating eye-catching and professional-looking listings for these items on online marketplaces such as eBay, Facebook Marketplace, and Craigslist. Use good quality photos and detailed descriptions to attract buyers.
    
    While waiting for the items to sell, use $10 to set up a basic website or blog. Write about a niche topic you're knowledgeable about or passionate about, and monetize the site with affiliate marketing, advertising, or sponsored content. It might not generate huge profits immediately, but it has the potential to grow over time.
    
    Use the remaining $30 to buy and sell cryptocurrencies or stocks. Look for low-cost, high-potential options to maximize returns. Remember, trading carries risks, so be cautious and only invest what you can afford to lose.`
    

    30 dollars in stock :data-laughing: i own a fractional share im a capitalist now :soypoint-1:


  • Just found out Faze is a publicly listed company :what-the-hell:

    On June 10, 2021, FaZe Clan became the first esports team to be featured on the cover of Sports Illustrated.[29] The same year it announced it was merging with special purpose acquisition investors B. Riley Principal to become a public company listed on NASDAQ, with an initial valuation of about $1 billion. As part of this merge, FaZe would receive $291 million from B. Riley, and would be renamed to Faze Holdings Inc. and refocus itself as a brand for "the voice of youth culture".[30]

    2021 was really an insane time


  • EU is saying SVB was too small to allow all depositors to withdraw.

    Central to those regimes was imposing losses on owners, bondholders and other unsecured creditors, including depositors with funds exceeding their country’s guarantee limit.

    Owners, bondholders and creditors I couldn't care less about but depositors even in a tech sector bank like SVB have lots of cash in deposits which they use for payroll and other expenses. Not to say, it'll cause problems in other banks too (or rather, the problems would've been much worse).

    Imo all the failed banks should be nationalized and the investors given nothing and the top management jailed (:xigma-male: way) but neoliberalism is dogshit.

    However, a European regulator said that claim was a “joke” as US banks were likely to pass the cost on to their customers. “At the end of the day, this is a bailout paid for by the ordinary people and it’s a bailout of the rich venture capitalists which is really wrong,” he said.

    If EU cared that much about evil vulture capitalists, they would keep banking under public sector. But they didn't do that because markets good or whatever.

    https://www.ft.com/content/5e4a8dde-c053-4510-8cd9-8aecb9082a6e