2023-08-28


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Horseshit


Rank Propaganda / Thought Policing / World Disordering

Pestilence / Pox / COVID / VaxCult

Economicon / Business / Finance

  • Evergrande shares plunge as much as 87% as trading resumes after 17 months

  • ‘They would not listen to us’: inside Biden’s troubled $53B chip plant

  • The Smallest Bank in Tennessee Grew Fast With BaaS. Why It May Give The Entire Industry A Hangover.

    Lineage Bank, now a significant player in fintech through its banking-as-a-service partnerships with Synapse and Synctera, was known as Citizens Bank and Trust Company — the smallest bank in Tennessee — until 2021. Since its acquisition, which closed at the beginning of 2021, the bank has seen its assets balloon by an astounding 790%, from $27.25 million at the end of 2020 to over $242 million just two years later.

    at the beginning of 2021, the Herringtons quickly set about bulking up the bank, with assets growing by nearly 60% in the first quarter under their control. By the second quarter of 2021, Citizens was officially re-christened as Lineage Bank and relocated from Atwood, Tennessee, to Franklin.

  • Reliably Bad Reliable Sources - by Brennan Robbins

    he secret purpose of this blog is to chronicle the rise of a kind of new authoritarian and anti-intellectual political worldview, with betting markets deployed as an early warnings system. All across the world, from New Delhi to Jerusalem to Budapest to West Palm Beach, rising “populist” autocrats rail against journalists, and academics and all institutions of educated people. The response from the left has been to dig in its heels - Trust the Experts, Trust the Science. And the danger of that response is that it favors a credentialism that alienates most people. It also is self-undermining when the experts turn out to be lazy or have incentives that do not align with truth.

    The truth is that believing true things requires continuous work. You have to read multiple sources. You have to interrogate the track records of the experts. You have to question the incentives of the experts. In short, you have to think.

  • Nvidia On the Mountaintop – Stratechery by Ben Thompson

    If GPUs are going to be as big of a market as Nvidia’s investors hope it will be, it will be because applications that are only possible with GPUs generate the demand to make it so. I’m confident that time will come; what I, nor Huang, nor anyone else can be sure of is when that time will arrive.

Environment / Climate / Green Propaganda