MyNameIsFred

  • 8 Posts
  • 18 Comments
Joined 1 year ago
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Cake day: June 8th, 2023

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  • I know this thread is a tad old but I’ve been considering a framework for the family laptop for a while. Problem is stocking and this recent 16 model run also had 13 orders run too. I won’t pay for a unit months in advance. It ruins certain protections from the merchant (like failure to deliver).

    Instead I got a thinkpad t480 for like 400 bucks. It will do fine as a laptop mostly used for chrome, paying bills or zoom calls etc.






  • My trait is I think cars are too digital and should be analogue. Giant touch panels are distracting and have generally bad UI design. You can control an A/C with 3 dials, 4 if you have zones and don’t need to look down at all. Pinnacle of engineering.

    I will never own a car that has features behind a paywall or that I can’t directly control. Computer cars are fine as long as I have root.
















  • I agree with most of what you said. I would say classifying SVB as a seizure is probably not accurate. The FDIC only came in when it was clear SVB was going to fold and in fact insured far more than the 250k per account guaranteed. Mainly to try and stem a run on midsize banks because

    1. Many companies had large holdings, undiversified in these banks

    2. The banks were borderline negligent with how they handled those deposits, sticking them all in “safe” government bonds that ruins liquidity.

    Once the interest rate on the bonds was lower than the base borrowing rate, no one would buy the bonds instead of just buying new bonds with a much higher guaranteed return.

    So, given that, I would say the FDIC instead bailed out the banks. Something they would never do for you or I, or even a business with similar valuation as any of the banks customers.