Just because it’s not forbidden to post US politics somewhere does not mean you have to flood the place with it.

  • 0 Posts
  • 1.29K Comments
Joined 3 years ago
cake
Cake day: July 24th, 2023

help-circle

  • I need to consciously try to eat more vegetables. I should under no circumstances be left unsupervised with candy/chips/cake etc.

    I eat about 150-200g of meat per serving and then about twice that by volume on the plate of vegetables. I can only be bothered to eat twice a day.

    It’s something I can stick with and it’s about the minimum I can eat before I start raiding the fridge.



  • I don’t know what bailouts you’re talking about specifically. I’ve not looked into any covid bailouts that may have occurred. What I can answer is how bank bailouts in Sweden during the 2008 crisis worked.

    The very short version: A bank can’t pay what it owes. The bank gets an offer from the Government: issue stock and we will buy it for enough money to cover your immediate expenses. Government now owns half the bank, previous shareholders are not happy but owning the other half of the bank is better than owning nothing which is what they would have had otherwise. The government later sells it’s stock to make some of the money back.

    The main criticism is that the banks took a risk and made more money, paid higher bonuses than they would have without taking the risk. When the gamble failed the tax payers took the bill. Even after selling the stock for a profit years later the side effects of the financial crisis was overall a big negative for the government.