while losses like these are large and indicative of poor lending practices for mortgages, there was more at play for the 2008 market implosion. It wasnt just defaults on mortgage-backed securities, but the widespread failure (fraud imo) of rating agencies giving these MBS good ratings, the trillions of dollars of derivatives betting on those false ratings, and the failure (fraud imo) of regulatory bodies to identify and mitigate any of this. A mortgage crisis is surely happening but i doubt the fallout will be anywhere near 2008. but i stopped paying attention to financial regulatory policy in the early trump years after he undid the measly measures obama put in place post-crisis so your guess is as good as mine

We're in the northern US so I was thinking of using creeping phlox to slowly replace my lawn, but I like this idea too. it seems a bit easier and will probably piss of the neighbors a bit less lol

I recently moved out of my major city to a suburb (we wanted to buy a place and no way we could afford more than a 1bed apt in the city). The way suburbanites manicure their lawns has jokerfied me. people spending hundreds of dollars a month for services to come out and fertilize/pesticide, out there mowing/weed wacking every couple of days, etc all to maintain what is effectively a weed that kills biodiversity. if humanity survives im certain we will look back on lawns as the greatest misallocation of resources in human history. my wife and i are working to plant a ton and do almost nothing about our dandelion riddled lawn

deboonking

I know people who see and acknowledge this kind of thing but fell headfirst into the ruzzia bad narrative following the smo, absolutely scoffing at the idea that the western press isn't free or independent. I have a really hard time getting americans to carry over any skepticism from one "media event" (for lack of a better term) to another. its infuriating.

Any other substacks you might recommend? I'm wondering if I can curate a feed, it would be with it too sign up

This is wild. I would imagine you shed some turnout for an incumbent, but this is a reduction over 50%. My vibes based analysis to this point expected this, but the results are so much more extreme

i received an exceptional rating for my year end review, which is accompanied by a 3.25% raise this year. im glad my hard work made me 0.15% richer ahead of inflation!

i actually checked the wh.gov and the TTM inflation for december 2023 was 3.4%, so im not actually richer lol. also 2022's TTM was 6.5%. The average person's income must be 10% higher than in 2021 just to keep up with inflation

My wife's a hopeless radlib, maybe demsoc. I am very open about my politics and she doesn't care for the most part. I have tried to convert her but she's got somelib hangups and can't accept the historical necessity of violence. so we mostly agree until i say some shit, then she just sighs and calls me crazy. love her

Everything remotely bad is attributed to Russian/Chinese subterfuge. I'm reminded of the nordstream explosion. every liberal in my personal life was convinced russia sabotaged their own pipeline. no amount of common sense or evidence could override the decades of propaganda.

Good post

This is their own update as of 1/25, showing 152 workers killed