197 karma · joined February 17, 2016
Thinking silently fits Asian Americans better than Euro Americans*.
https://www.psychologytoday.com/us/blog/sex-murder-and-the-m...
The whole macOS thing is amateur
Also, lo, PS5 https://www.reddit.com/r/PS5/comments/1my6t3o/sony_discounts...
Speaker quality makes a huge difference according to my experiences from lower end $30 portable speaker to stereo sound systems in cars. Last weekend I rented a Jeep Grand Cherokee. Its sound quality is noticeably terrible because I couldn't hear some backing violin/piano sound of a symphony compared with my own car.
Addresses used:
John F. Kennedy International Airport, JFK Access Road, Queens, New York, 11430, United States
Heathrow Airport, Cranford Lane, Hatton Cross, London Borough of Hillingdon, London, Greater London, England, TW6 2DN, United Kingdom
nix solved my problem by and large for well modularized projects. Because, nix can provide nearly identical dev environment in practice.
I do not have any source to back my guesses.
Jack Ma said banks should ditch the "pawnshop" mindset and switch to a credit-based loan service, because his Ant's micro/small loan service is completely backed by credit rather than something risk-proof properties like a house. Ant not only acts like a bank, but also is the largest credit buerau in China. It provides loan based on the credit score it rates on its customers.
This article also fails to mention the Basel Accords that Jack Ma criticized. After the 2008 financial crisis, Basel III includes regulations on "shadow banks" like Ant in addition to traditional banks. Is it possible for a bank that has only assets of 3B lends out 300B[1]? No, banks are prohibited due to regulations. But, Ant already did. They created an Asset-Backed Security (ABS) via a process called securitization. It is unprecedented that a financial institution with such big financial leverage and a large amount loan going unregulated.
A pawnshop is at least backed by real properties like houses. What back the risk Ant create? Consumers' credit?
If I still cannot make you understand, please google "2008 MBS ABS". You'd be surprised at the similarity of what Ant's been doing and what caused the financial crisis.
I sincerely hope hacker news readers take a look into the underlying financial bubble rather than "Chinese government reaps tech innovator" to which this article tries to mislead you.
[1] https://translate.google.com/translate?hl=en&sl=zh-CN&u=http...