The problem is that it isn't clear what kinds of exposure private credit and other actors in the shadow banking space hold, because they generally operate on a model of financial obfuscation to get around banking regulation (i.e. being actual banks). What is known is that they are deeply intertwined with financing the AI bubble, even if all their exposure is through debt instruments, crypto schemes or insurance contracts (that probably is not the full scope though), they will be hit hard when their "borrowers" can't pay back.
redditmademedoit
joined 1 week ago
And possibly the most parts of shadow banking, i.e the alt accounts of major financial institutions.
Fun times ahead!
Tl;dr surveillance equipment working perfectly, used for dystopian surveillance. Major shocker.
In the context of parenting there are certainly better things you can do to prevent "shennanigans" other than subjecting them to surveillance. Like you know... raising them?
Terrifying with a generation of peole grown up under total control and expected to be perfectly obedient. They will be shitty adults. But hey, at least they won't have memories of that time they snuck out at night to watch the stars.
Subscriptions are thieves of intentionality
It's included, but good lord if that's not a very high price for temporary access to a collection of bargain bin games. You could buy a full price game every other month for that money.
I think we should also focus on using less energy overall – e.g. replace short to medium persinal car trips with walking, bicycles and public transport, medium to long travel with trains, eliminating unnecessary travel that can't be accommodated by those modes of transport. Environmental solutions like replacing fossil fuel powered cars with emissions free, but equally dangerous and still inefficient EVs for personal use will keep us burning oil even longer by tying up investments in highways and hostile, car based infrastructure.
Things like rethinking infrastructure, labor, economy and housing would have been more achievable and, for most, felt more like progressing towards a better future than straighup sci-fi level efforts to continue the status quo without as much oil. But it's the latter we get, they're putting carbon capture machines on Norwegian oil rigs as we speak.
Heh, I got Google Stadia's launch bundle for CP2077, it was heavily rebated next to all other console options, ran on high end hardware, came with a controller and a Chromecast. In the end it cost me nothing because all of it was refunded when Google shuttered Stadia.
Overall, I enjoyed the game at launch. The city was dead, glitches were everywhere, Game streaming was hit and miss, but the side quests and story missions were very good. Its biggest fault was looking like GTA while being nothing like it.
As far as I'm aware peak oil production has not been recognized to have happened yet.
Over the last century, many predictions of peak oil timing have been made, often later proven incorrect due to increased extraction rates.[9] M. King Hubbert introduced comprehensive modeling of peak oil in a 1956 paper, predicting U.S. production would peak between 1965 and 1971; his global peak oil predictions were predictive through the 1990s and 2000s but eventually were deemed premature due to improved drilling technology.[10] Current forecasts for the year of peak oil range from 2028 to 2050.[11] These estimates depend on future economic trends, technological advances, and efforts to mitigate climate change.[8][12][13] Peak oil, Wikipedia
It is still assumed that global oil consumption scales with economic growth and under 2025 consumption increased.
Global liquid fuels consumption increased by an estimated 1.2 million b/d in 2025 and is forecast to increase by 1.1 million b/d in 2026 and 1.3 million b/d in 2027. Consumption growth rises next year as global economic activity picks up pace. Based on forecasts from Oxford Economics, our forecast assumes global GDP will grow by 3.1% this year and 3.3% in 2027. Short-Term Energy Outlook, EIA (U.S. government)
Thanks, corrected!
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I thought Anon meant movies that people say they liked because of their undeniable, objective quality, but not genuinely enjoyed watching. I guess they're saying There Will Be Blood is some kinda masturbatory "quality porn".