social.outsourcedmath.com

Episode 924: Stuck In China's Panopticon

Holy shit! We thought #Americans were shit to #Muslims. Wait till you get a load of what #China's doing! I think they are planning on a #Genocide of the #Uighurs. As an #Atheist, I'm not a person who thinks #Islam should be given respect, but I do think people should no matter what.

@Atheists in the open
It's 26:50 in length. I'm posting from Friendica, so you don't see it rendered correctly. Try this link?
https://social.outsourcedmath.com/display/1b3b355084f80137d19802000a000045
I usually embed a player for people to play a podcast in anonymity through my post along with a link to the source.

The show is produced by the National Public Radio here and it's a Financial podcast most of the time, but this episode is off their normal material. They are really good about being human with their perspective, aka: not greed-driven.

So true that quality is a better way to live! However, as it's measured, I don't think cheaper inputs to a product or service change the GDP. To avoid double counting they won't measure components made to become part of a final product that a consumer buys; they just measure the price the final product sells at. But, if cheaper inputs lower the final products price they will sell more units and thus raise the total GDP. Is that what you meant?
Stephen diaspora
The theorybiz article has many of the items that I was thinking of, especially the increasing #scarcity. For example, the topsoil in the #USA is being depleted and is a positive in the GDP figures. Increasing the farming quality so that we have no net loss of topsoil should lead to the best possible results in whatever measure is used.

Oh shit, GAB...

I see why GAB software was a problem.
https://en.wikipedia.org/wiki/Gab_(social_network)
#RWNJ's trying to find their safe-space, but still, shove their hate in other people's faces. Latest news: they're stealing #Mastodon code cause they can't get their shit together.

Lendy.co.uk a P2P lending service is going bankrupt after a few years of operations...

I spend a lot of time thinking about alternatives to #Banking. I'm not really sure how I feel about this story yet. I first heard about it in the last few minutes of the FT #Podcast called #BankingWeekly.



It appears that the Lendy company had been scaling operations up significantly since about January of 2016. Financially, they looked honorable. Theoretically, they seemed as feasible as ride-sharing services. They knew people with money, and people that needed money, so they were a glorified dating service that matched up people with capital to enterprising people. What could go wrong?

Lendy’s overdue loans hit 68% of book as FCA monitors Β£8m lawsuit
Two thirds of active loans issued by Lendy are now overdue while the peer-to-peer lender has also resorted to asking the Financial Conduct Authority (FCA) for help in a multi-million-pound contract dispute with a borrower.

I can't help but prejudge this by thinking that they took the higher risk type enterprises that banks wouldn'tβ€”probably for damn good reasonsβ€”and with that higher risk, they didn't secure methods and plans to negotiate fair, reasonable, and equitable repayment of such risky endeavors. I sincerely hope they get their endeavor straightened out because alternatives to centralized banking are important in an egalitarian world.

This entry was edited (5 years ago)

Trump's war in Iran

Every #Iranian I've ever met, I've liked tremendously. If it weren't for our stinking backward thinking governments, we would all be good friends.
Janine Jackson takes a quick look back at recent press, including coverage of #Iran, Saudi Arabia, and polio and the CIA.

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