367 karma · joined February 11, 2023
Additionally, Reddit equity is a seedy investment in the very best of market enviroments. Reddits content AND audience is the antithesis of what makes a user base valuable for advertisers. Piracy, NSFW, tech-savy enough to block ads, notoriously stingy etc. pp. Its user base also has a long history of revolting against any sort of attempt to change this set of facts.
Reddit sharply declined in quality over the past years. the neverending attempts to change its nature, in an attempt of ad-friendly sanitation; executed with unrivalled heavy-handedness, nipped any chance of revival in the bud. This is in addition to the feefdom-ness of moderators and a long history of mismanagement by spez himself. Sometimes mismanagement as in censorship. I finally gave up on making myself miserable with Reddit and its echochambers on a daily basis after they priced their APIs to death. That is one stupid decision on a long list of similarly misguided attempts at trying to sweeten the rancid Reddit equity deal.
Sure, there is a whole bunch of subcategories and outliers, but it’s all very mature technology if you aren’t pushing boundaries with things like full sail fabrics intended for paragliding wings, ultra fast and small cross braced speed machines and such. I’m not innovating here, i use the same designs, fabrics and processes, even the same sewing machines.
I also skydive with a commercial reserve parachute and a tertiary belly mounted emergency rig for good measure. The secondary reserve is rigged into a so called "automatic activation device" [1]. The chances of murking myself due to negligence, complacency or by pushing my luck with disciplines like relative work (flying formations) or free flying (acro) are wayyy higher than a fatal accident because one of three parachutes malfunctioned. Skydiving is a deadly sport, it says so on the waiver you have to sign, and if i don’t feel comfortable with the inherent risks, I’ll gift my gear to a newbie and call it quits.
[1] AAD - device monitoring velocity and altitude, fires a cutting charge, severing the reserve closing loop if still in free fall at set altitude. I use this one
https://dl.cypres.aero/userguide/991002_cypres_2_user_guide_...
Additionally, i also have designed a variety of mods and paraphernalia, including DLC coated closing loop pins - friction has foiled attempts to deploy reserve parachutes in the past, as well as a self-designed, modded slider to be retrofitted onto a model produced by performance designs parachutes.
The reason for the slider mod? The oem one is too small to slow down the deployment sequence, breaking the bones of unsuspecting parachutists. They are far from perfect in many cases and have never been sued for it.
https://www.youtube.com/watch?v=5dvy7ywQK18
Here’s another scary case in point if you’re interested in going down that rabbit hole. But I’m getting off track, I’m just having fun and I’m aware of the risks I’m taking by pursuing this. You’re risking your life on potentially badly designed gear either way, i just only have myself to blame lol
The second part, why they are getting away with it, is that naturalistic and pseudoscientific healing BS has a long, long history in Germany. Schulmedizin, at least somewhat, had the image of being perverted by Jewish influences. "Völkische Medizin" the OG Heilpraktiker in some sense, started most of the Quack stuff you see today. The same circles are also still infested with nationalist and anti-jewish sentiments á la "the globalists" to this very day. It’s a crazy, crazy world if you take a closer look.
The only thing different here is that we don’t have a general speed limit, if sections of the autobahn meet the safety requirements, they can be marked unrestricted. You can drive as fast as you want there, but the majority of sections are limited to 130km/h due to steep(ish) curves, visibility, traffic and noise pollution guidelines.
That said, we do love our Autobahn and there ARE quite a few unrestricted sections left, my favorite is the A30. All open, starting at the NL border up until Osnabrück.
This awakens memories of GCHQ attacks on Belgian(?) telecom providers; they really are inherent gold mines for dragnet surveillance, stealing database, offensive cyberattacks and probably lots more. There’s a reason Huawei is subsidized for offering cheap 5g infrastructure to international clients, it’s a real nice thing to have backdoors to. Not saying the west is much better in this regard, Cisco has been more than compliant in similar shenanigans just to name one.
hedge funds are just an easily hated scapegoat, because they ARE insufferable in many cases, but they are not at fault here.
The real problem is the moral hazard that is growing exponentially with every increase in distance between the ones dishing out the money and the ones who are liable. If you can repackage mortgages into more and more complex derivatives you can sell to other people, and you also figure out a way to game rating agencies into a triple A rating by misleading them with thin-file FICO scores and faux diversification, you can profit from deadbeat customers and make someone else the bag holder at the same time. That’s the archetypal moral hazard.
The institutional clients don’t understand that correlation increases with volatility, they are consoled by the ratings and don’t realize they are part of a time bomb, waiting to drag the whole economy down with it.