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The CDOs were connected to the mortgages in that all the poo poo, high risk mortgage debt was packaged up with better stuff and the ratings agencies then conspired to rate it highly even though it was a time bomb. Institutions invested in CDOs which helped make the GFC that much worse when all the mortgages defaulted. Retirement funds and public sectors were left with worthless debt. The existence of CDOs kind of created the demand which helped all the terrible loans get made. That was my understanding anyway EoinCannon fucked around with this message at 09:58 on Nov 1, 2017 |
# ¿ Nov 1, 2017 09:54 |
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# ¿ May 18, 2024 14:49 |
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That big data SSM study is a bit of a worry, I feel like if Australia votes no it will do one of those deeply disturbing people-are-not-like-I-thought-they-were things to my brain. Like when Trump won. I guess I live in a bubble and have too much faith in the people of this country.
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# ¿ Nov 2, 2017 00:59 |
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Around the time the NBN (HFC) came to my street, my adsl connection turned really shithouse. Obviously they're completely separate cables but in the depths of my frustration I want to believe it's a conspiracy to get me to switch over... for some reason It's a rental and I'll be moving out next year so I CBF getting nbn right now
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# ¿ Nov 10, 2017 07:36 |
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It's pretty weird listening to Waleed on the minefield on RN and then seeing him on The Project He may not have said that The Project is "beneath him" but it totally is. That said good for him for getting paid by ch10 and still doing some good media on the side
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# ¿ Nov 13, 2017 07:36 |
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Good article, scary to see the fuckedness systematically enumerated like that. I kind of feel better about not having bought a house and had kids here
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# ¿ Nov 14, 2017 11:07 |
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Les Affaires posted:That doomsaying article misses a few key points so I’m not terribly worried about it. What are the points? I don't know much about national economic matters
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# ¿ Nov 14, 2017 22:15 |
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NoNotTheMindProbe posted:Large chunks of the population will side with whatever is the status quo. Once gay marriage is law the polls will swing hard in favour over time. This, I heard stories of people voting no just out of some weird kind of apolitical conservatism where they don't want to change anything ever. It's almost that they are scared and/or lazy rather than ignorant or malicious.
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# ¿ Nov 15, 2017 11:14 |
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Maybe the more progressive, inclusive states generate the motivation for backlash from the small number of fascist/bigot/whatevers In Queensland they figure what's the point?
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# ¿ Nov 17, 2017 03:58 |
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noyes posted:a few years ago i moved from sydney to a small country town and got a job as marketing manager at a real estate agency, and the director would just straight-up say to me "you understand we're just trying to make a profit here, you know how important that is, it's your culture", but not in a way that involved any negative feeling toward me whatsoever like they genuinely thought of me as this magical wealth elf that frolics through life bathed in a never-ending rain of golden coins from heaven. then they wouldn't let me actually do anything so i think they just thought having a jew sitting in their office would naturally bring fortune, like a lucky cat statuette holy poo poo, I can't imagine saying something like that to anyone, negative feeling or not
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# ¿ Nov 17, 2017 04:46 |
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I'm a Melbourne wanker and I like ACDC. I bought an album or two when I was 16, but I grew up listening to metal so my musical taste is crippled in some way
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# ¿ Nov 21, 2017 03:23 |
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Musk Duck is the chillest Australian bird
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# ¿ Nov 21, 2017 04:20 |
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Oh god, not the ibis... :|
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# ¿ Nov 21, 2017 05:13 |
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cohsae posted:So in an exercise in masochism I want to know all about Sir Joh (I don't know much being a non-QLDer and not having much knowledge of Aus political history) The third Condon book (All Fall Down?) has a fair bit about Joh
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# ¿ Nov 23, 2017 09:55 |
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I assume they're publicising the camouflage angle to make those criminal youths feel like there's a cop with an M16 in every bush when really there's like 5 guys wandering around being visible
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# ¿ Nov 25, 2017 07:22 |
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ewe2 posted:Even the Dollop are dead bored of doing their ads. Roman Mars on 99% Invisible is waaaay too earnest when talking about Article Furniture, Squarespace, Casper etc. Sponsors must love him. EoinCannon fucked around with this message at 09:48 on Nov 28, 2017 |
# ¿ Nov 28, 2017 09:12 |
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Hobo Erotica posted:Bit late to podcast chat, but what do you guys actually listen to? As well as others mentioned, The Allusionist, RadioLab, Love and Radio are also good not-so-serious ones EoinCannon fucked around with this message at 01:06 on Nov 29, 2017 |
# ¿ Nov 29, 2017 00:57 |
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Coldest first half of November in 20 years followed by highest number of 30+ degree days in November. Now possible flash floods Good old Melbourne
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# ¿ Nov 29, 2017 22:23 |
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# ¿ May 18, 2024 14:49 |
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JBP posted:Just ride it out in your jocks you soft wanker. I live in a fibro granny flat with no aircon so I've developed a lack empathy for people complaining about the heat. My strategy this year is to run in the middle of the day to develop more tolerance for the heat, I'm a prodigious sweater
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# ¿ Nov 30, 2017 05:59 |