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#gfc — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #gfc, aggregated by home.social.

  1. le GFC Ajaccio tombe face à Toulouse

    Après deux batailles remportées face à deux concurrents directs, Paris et Saint-Nazaire, le GFC Ajaccio jouait ce samedi…
    #Toulouse #FR #France #Actu #News #Europe #EU #2026 #actu #Actualités #Ajaccio #europe #face #GFC #MSL #Occitanie #Républiquefrançaise #Sports #tombe #toulouse #Volley-ball
    europesays.com/fr/735075/

  2. “But 20 years later, they’re back selling #equilibrium %analysis as if the #GFC didn’t happen. Their students are falling for it, because they were infants when the GFC hit.” open.substack.com/pub/profstev...

    Equilibrium (is) for Dummies

  3. How #worldorder looks after 2025
    "postwar order carried te seeds of its demise. Authority was concentrated in Western‑led institutions tt claimed to speak for te world. #US #hegemony often led to overreach & #hubris.. confidence in US model's superiority obscured reality of domestic decay.. 2008 #GFC was an early warning. US #policymakers stabilised te system but didn't repair it. #Inequality rose & #politics grew angrier.. #Globalisation entrenched a #lopsided bargain"🇺🇸🤦‍♂️
    bangkokpost.com/opinion/opinio

  4. #SignalApp goes through the Great Firewall of China when toggling on `censorship circumvention` in `advanced settings`.

    A million thanks @signalapp you guys rock!

    #Censorship #China #GFC #Encryption

  5. le GFC Ajaccio a bu la tasse à Nice

    Nice – AJACCIO : 3-0 Salle Gianmarchi-Palmeira Evolution du score : (25-17/28′ ; 25-17/28′ ; 25-18/26′). Durée : 1h22′Arbitres : M.…
    #Nice #FR #France #Actu #News #Europe #EU #2025 #actu #Actualités #Ajaccio #europe #GFC #Marmara #nice #Provence-Alpes-Côted'Azur #Républiquefrançaise #SpikeLigue #Sports #tasse
    europesays.com/fr/583034/

  6. If you haven't seen the 2003 original, made in the wake of the Enron and WorldCom scandals and only 5 years before the corpogenic Global Financial Crisis, get thee to the archives;

    archive.org/details/The_Corpor

    #film #documentary #TheCorporation #corporations #capitalism #GFC

  7. “The one thing that can stop the rise of the far right is the one thing mainstream parties are currently not prepared to deliver: greater equality. The rich should be taxed more, and the revenue used to improve the lives of the poor. However frantically centrist parties avoid the issue, there is no other way.” (George Monbiot)

    Of course, it’s only come to this due to the lack of #taxReform , progressive social #legislation , and #FinancialRegulation action from all govt since the 2008 #GFC . #Neoliberalism ,#CorporateCapitalism and #Globalisation have been left unfettered to carry on this foolish race to the bottom.

    #Fascism #RWNJs #Authoritarianism #PopularPolitics #Oligarchy

    Source: theguardian.com/commentisfree/?

  8. 1/ #MAGA bros are crowing about the 2nd highest single day Nasdaq stock market gains in history. It's worth remembering that:

    1. the 1st, 4th, 7th, 8th, and 10th largest single day Nasdaq gains came during the dotcom crash.

    2. the 3rd and 5th largest single day gains came in the middle of the 2008 financial crisis.

    3. the 6th and 8th (tied) largest gains came during the covid panic in 2020

    In other words all 10 of the highest gaining days in Nasdaq history, with the possible exception of today which is still TBD, came during major long term market crashes.

    Massive market moves like this are in no way a sign that markets are healthy and performing their societal function. In fact quite the opposite - massive moves up are historically almost always a symptom of the disease of speculative mania refusing to accept reality (“buy the dip!!!!”).

    #uspol #recession #stockmarket #finance #trump #tariff #tariffs #QQQ #Nasdaq #GreatFinancialCrisis #GFC #buythedip #BTFD #economy #economics

  9. 1/ #MAGA bros are crowing about the 2nd highest single day Nasdaq stock market gains in history. It's worth remembering that:

    1. the 1st, 4th, 7th, 8th, and 10th largest single day Nasdaq gains came during the dotcom crash.

    2. the 3rd and 5th largest single day gains came in the middle of the 2008 financial crisis.

    3. the 6th and 8th (tied) largest gains came during the covid panic in 2020

    In other words all 10 of the highest gaining days in Nasdaq history, with the possible exception of today which is still TBD, came during major long term market crashes.

    Massive market moves like this are in no way a sign that markets are healthy and performing their societal function. In fact quite the opposite - massive moves up are historically almost always a symptom of the disease of speculative mania refusing to accept reality (“buy the dip!!!!”).

    #uspol #recession #stockmarket #finance #trump #tariff #tariffs #QQQ #Nasdaq #GreatFinancialCrisis #GFC #buythedip #BTFD #economy #economics

  10. 1/ #MAGA bros are crowing about the 2nd highest single day Nasdaq stock market gains in history. It's worth remembering that:

    1. the 1st, 4th, 7th, 8th, and 10th largest single day Nasdaq gains came during the dotcom crash.

    2. the 3rd and 5th largest single day gains came in the middle of the 2008 financial crisis.

    3. the 6th and 8th (tied) largest gains came during the covid panic in 2020

    In other words all 10 of the highest gaining days in Nasdaq history, with the possible exception of today which is still TBD, came during major long term market crashes.

    Massive market moves like this are in no way a sign that markets are healthy and performing their societal function. In fact quite the opposite - massive moves up are historically almost always a symptom of the disease of speculative mania refusing to accept reality (“buy the dip!!!!”).

    #uspol #recession #stockmarket #finance #trump #tariff #tariffs #QQQ #Nasdaq #GreatFinancialCrisis #GFC #buythedip #BTFD #economy #economics

  11. 1/ #MAGA bros are crowing about the 2nd highest single day Nasdaq stock market gains in history. It's worth remembering that:

    1. the 1st, 4th, 7th, 8th, and 10th largest single day Nasdaq gains came during the dotcom crash.

    2. the 3rd and 5th largest single day gains came in the middle of the 2008 financial crisis.

    3. the 6th and 8th (tied) largest gains came during the covid panic in 2020

    In other words all 10 of the highest gaining days in Nasdaq history, with the possible exception of today which is still TBD, came during major long term market crashes.

    Massive market moves like this are in no way a sign that markets are healthy and performing their societal function. In fact quite the opposite - massive moves up are historically almost always a symptom of the disease of speculative mania refusing to accept reality (“buy the dip!!!!”).

    #uspol #recession #stockmarket #finance #trump #tariff #tariffs #QQQ #Nasdaq #GreatFinancialCrisis #GFC #buythedip #BTFD #economy #economics

  12. 1/ #MAGA bros are crowing about the 2nd highest single day Nasdaq stock market gains in history. It's worth remembering that:

    1. the 1st, 4th, 7th, 8th, and 10th largest single day Nasdaq gains came during the dotcom crash.

    2. the 3rd and 5th largest single day gains came in the middle of the 2008 financial crisis.

    3. the 6th and 8th (tied) largest gains came during the covid panic in 2020

    In other words all 10 of the highest gaining days in Nasdaq history, with the possible exception of today which is still TBD, came during major long term market crashes.

    Massive market moves like this are in no way a sign that markets are healthy and performing their societal function. In fact quite the opposite - massive moves up are historically almost always a symptom of the disease of speculative mania refusing to accept reality (“buy the dip!!!!”).

    #uspol #recession #stockmarket #finance #trump #tariff #tariffs #QQQ #Nasdaq #GreatFinancialCrisis #GFC #buythedip #BTFD #economy #economics

  13. @markrprior
    There is no doubt that #Labor ‘s primary vote is in decline. There is also no doubt that Labor’s flirtation with #neoliberalism (an economic theory debunked by the #GFC and a product of the Boston University School of economics developed for a substantial fee) has taken its political ‘plank’ too far to the right for its socially progressive base. It has been so for a number of years. The Covid ‘emergency’ was an inflection point where the Australian economy took a hit from which it is still vacillating.

    The electorate is now fully awake to the need for action on #climate , action on affordable #housing and is divided along #conservative and #progressive political lines. What #AusElections2025 will deliver for a govt is anyone’s guess at this stage and I submit that political #polling will largely be uninformative. What is clear is the existence of a political ‘vacuum’ needed to be filled.

    #Auspol

  14. Let me introduce myself. Political I’m a centrist. I’m married father of two. I’m an agent of chaos but I also believe to treat others the way you want to be treated. My page is 21+ only no minors ever. In facts I’ve blocked certain hashtags. Pedos are not human and I will never give them respect. Make pedos afraid again. #FA2FO #GFSF #GFC #HEREWEGO #SteelerNation

  15. Of course that ended well last time it was tried.
    #GFC

    Reeves tells City regulator to encourage more risk-taking in financial sector | Financial sector | The Guardian
    theguardian.com/business/2024/

  16. Redeeming the Nobel in #Economics
    "Johnson was scathing abt how Obama’s #neoliberal team handled e #GFC. “e #financial sector was saved by unprecedented #government #support. If #homeowners had received e same level of support in 2008-9 .. #American #economy wld hv recovered, house prices risen, & everyone involved wld hv looked like a genius. But.. e result was: mass #unemployment, greater #inequality, confused anger, & Pres #Trump".. insights surely worthy of a #Nobel"
    prospect.org/blogs-and-newslet

  17. @ceresbzns @treyhunner

    The opposite is true: Managed money (BlackRock etc.) evidently raised under the free market ideology of mainstream economics, led to the GFC (money creation of commercial banks - not central banks!) and to today's degree of inequality endangering democracy.

    If one likes to turn the page (and give back souvernity to the state and the people) a serious engagement with Postkeynesian theories is required. That means to leave the level of claims, opinions and believes and to practice in good scientific habits - being open to discourses based on arguments and evidences.

    #MMT is a good starting point. If you are interested in the dynamics that led to the #GFC then R. Wrays "Why Minsky matters" is a good read (it's a kind of prequel to todays mmt).

    The ones who blame the #mmt not to be a real theory fall for rumors and opinions about mmt. These are spread by mainstream which is in defense (why did it not see the GFC coming? what is its acual real world relevance?) > Critic immunization.

  18. #dejavu
    Musk’s #Twitter #Takeover Is Now the Worst #Buyout for Banks Since the GFC
    "The $13bil tt #Musk #borrowed has turned into e #worst #mergerfinance deal for #banks since the 2008-09 #GFC. The 7 banks in e deal, incl'g #MorganStanley & #BofA, lent e money in Oct 2022.. nearly 2 years aft, X’s biz is still struggling to climb out of the #deephole it fell into under his ownership—the co last yr said its value had fallen by more than half, to around $19bil"💸 #StopGreed
    msn.com/en-us/money/companies/

  19. 2022: #JohnNaughton lays out the well-known propertarian and Hayekian side of crypto evangelism, then this intriguing observation;

    "Lots of people will point out that the Satoshi memo, which released the idea for blockchain, more or less coincides with the fall of Lehman Brothers, and... [that] being a token for the corrupt, uncontrollable nature of financial capitalism and it's untrustworthiness."

    shows.acast.com/talkingpolitic

    #podcasts #Talking Points #BlockChains #Satoshi #GFC #LehmanBrothers

  20. 2022: #JohnNaughton lays out the well-known propertarian and Hayekian side of crypto evangelism, then this intriguing observation;

    "Lots of people will point out that the Satoshi memo, which released the idea for blockchain, more or less coincides with the fall of Lehman Brothers, and... [that] being a token for the corrupt, uncontrollable nature of financial capitalism and it's untrustworthiness."

    shows.acast.com/talkingpolitic

    #podcasts #Talking Points #BlockChains #Satoshi #GFC #LehmanBrothers

  21. 2022: #JohnNaughton lays out the well-known propertarian and Hayekian side of crypto evangelism, then this intriguing observation;

    "Lots of people will point out that the Satoshi memo, which released the idea for blockchain, more or less coincides with the fall of Lehman Brothers, and... [that] being a token for the corrupt, uncontrollable nature of financial capitalism and it's untrustworthiness."

    shows.acast.com/talkingpolitic

    #podcasts #Talking Points #BlockChains #Satoshi #GFC #LehmanBrothers

  22. 2022: #JohnNaughton lays out the well-known propertarian and Hayekian side of crypto evangelism, then this intriguing observation;

    "Lots of people will point out that the Satoshi memo, which released the idea for blockchain, more or less coincides with the fall of Lehman Brothers, and... [that] being a token for the corrupt, uncontrollable nature of financial capitalism and it's untrustworthiness."

    shows.acast.com/talkingpolitic

    #podcasts #Talking Points #BlockChains #Satoshi #GFC #LehmanBrothers

  23. In finance, an inverted yield curve is when interest rates on short-term debt instruments rise above the interest rates of longer-term debt instruments of similar creditworthiness. In other words, this is an unusual situation in which, all else being equal, shorter-term investments return more money than longer-term investments.

    Historically, inverted yield curves on US treasuries have been reliable indicators of impending recessions or economic downturns, and more prolonged inversions generally correlate with more severe crashes, as this video by the Game of Trades investment channel demonstrates: youtube.com/watch?v=ELF_EivMCM

    (The last 30 seconds of this video are just ads for the channel's trading advice services.)

    Our current situation in 2024 is that the yield curve has been inverted for 540 days, which is comparable to the durations of the inversions preceding the 1974 crash and the 2008 global financial meltdown (low 500s each) and second only to the 1929 market crash that kicked off the Great Depression (700).

    The stock market is currently still going up, but keep in mind that the stock market went up for a long time after the 2008-era inversion as well: a record 657 days. If the market were to keep rallying for that length of time today, then the crash would begin this August.

    2008 showed us that the average person will be angry and more ready to question capitalism itself when events like this happen. As Marxists, we must prepare to do widespread agitation, education, and organizing in its wake, spreading real knowledge about how to understand, resist, and fight back against capital.

    #yieldcurve #ustreasury #federalreserve #invertedyieldcurve #recession #crash #financialcrash #financialmarket #economy #economics #news #politics #gfc #globalfinancialcrisis #2008 #greatdepression #depression #yieldinversion #capitalism #socialism #communism #socialist #communist #marxism #marxist #revolution #rev2030 #revolution2030 #tatertube #s4a #socialismforall

  24. @seankearney @glitchymatrix
    5/9

    The rejection of the thuggish autocrat and abusive PM #JohnHoward, could be felt in your core. Howard would divert attention from important things by pointing at #refugees on #boats, and #bribing people to #procreate. An awful man. We elected #KevinRudd who was visibly preparing to turn things around.

    Amidst a #GFC, Kevin was great on #environment, reducing our electricity use by 30% by starting an #insulationScheme. (5/9)

  25. @RickiTarr @saharafang
    The moneyPrinter enables the worst fascism. Are you not aware of the #GFC? Bankers should have gone to prison.

    Tillony is #theftOnTheGrandestOfScales, it steals labour, and #soundMoney is what was intended to prevent #tillony. Central bank proponents conspired to create #TheFed, and the world has persistently moved to #fascism ever since. Yes #goldMining is bad, but now we have #bitcoin.

    Bitcoin finally enables #LimitsToGrowth. Limits to corporate greed.

  26. “Putting the pedal to the metal, not doing that again, and leaving rubber on the road as the economy rejoined the highway at speed in 2021—that was a really, really good idea.
    Keeping the policy foot off the stimulative gas and running a repeat of post-2009 would have been a really bad idea.” #gfc #austerity #economics #bidenomics open.substack.com/pub/braddelo

  27. Whilst I don't condone many of the irrational policies of the present #PRC administration, it behooves me to remind #POTUS that, one of the top 5 financial crises in history, the 2007-8 Global #FinancialCrisis #GFC, imploded from the #US #WallStreet & the US economy still tiptoes along an abyss fr #USFed's late pullback fr #QE.
    "US Pres Joe #Biden called China a “ticking time bomb” because of #economicchallenges incl'g weak growth, but misquoted the country’s growth rate"
    bangkokpost.com/world/2627870/

  28. @DavidChance Also frequent mention of "Catastrophic" and Germany in close proximity I've noticed in US media, taken from an FT article recently!

    Stoxx 600 tentatively broke out of the secular relative strength downtrend versus US equities since the #GFC late Q1, and heaven forbid US punters should get the idea the grass might be greener . . .!

    ft.com/content/a859ecc4-4d9a-4

  29. The United Kingdom faces a steep climb out of a deep hole.

    Food shortages, moldy apartments, a lack of medical workers: The UK faces a perfect storm of struggle, and millions are sliding into poverty. There is little to suggest that improvement will come anytime soon.

    Last week the IMF forecast that in no other industrialised nation would the economy develop as poorly as in Britain. Even Russia is expected to end up ahead.

    spiegel.de/international/europ

    #UK #CostOfLiving #GFC #Austerity #Brexit

  30. The United Kingdom faces a steep climb out of a deep hole.

    Food shortages, moldy apartments, a lack of medical workers: The UK is facing a perfect storm of struggle, and millions are sliding into poverty. There is little to suggest that improvement will come anytime soon.

    Last week the IMF forecast that in no other industrialised nation would the economy develop as poorly as in Britain. Even Russia is expected to end up ahead.

    spiegel.de/international/europ

    #UK #CostOfLiving #GFC #Austerity #Brexit

  31. CW: Long thread/7

    Geithner was Obama's go-to guy for the #GFC. It was under his leadership that billions were handed out to the banks to bail them out and keep them solvent during the crisis - and it was also under his leadership that bank execs were able to pay themselves millions in bonuses using that public money.

    7/

  32. Rumored Fed Nominee Thinks Tim Geithner Did Right by Homeowners
    President Biden may nominate Janice Eberly, former deputy to the mastermind of America’s foreclosure crisis.

    “…Eberly helped Geithner operate a system of deliberately throwing millions of people out of their homes so that the same Wall Street banks that tricked them into awful mortgages in the first place could turn another quick buck after they cratered the world economy. “ #fed #GFC #foreclosures #banks

    prospect.org/economy/2023-03-0

  33. @SydneyCityTV Enjoy the sense of unbridled optimism, not just for #2020 (check out what they said about a sustainable medical profession, or government’s relation with the art industry in 2020), but for “Peak Kevin” two years before he got tanked & sacked.

    I don’t think anyone had an idea of the imminent #GFC (global financial crisis, or “Great Recession” in the USA or “credit crunch” in the UK).

  34. UK government getting desperate to get that growth thing going.
    Now going to deregulate banking protections put in place after the #GFC.
    By giving an even greener light to financial speculation they hope to give the illusion of growth in value, though I doubt they understand the distinction.
    Tears ahead as they tear ahead.

  35. @strypey
    We love #SteveKeen's ideas.

    His work alongside #KevinRudd, to fight the #GFC in #Australia by giving some cash to everyone to spend how they need was a far cry from the #bailOutTheBanks idea out of the #US.

    To be fair, since #repoCrisis last year every #literate pundit and his dog was waiting for this. Even before then people knew #wallSt were dependant on #greaterFools to support the #ponziScheme and #debtBubble. With close to #NegativeInterestRates etc.

  36. Arist adds $2M to its seed round to grow its SMS-based training service - This morning Arist, a startup that sells software allowing other organizations to offer SMS-based tr... - feedproxy.google.com/~r/Techcr #fundings&exits #recentfunding #craftventures #ycombinator #startups #arist #gfc #sms #tc

  37. In finance, an inverted yield curve is when interest rates on short-term debt instruments rise above the interest rates of longer-term debt instruments of similar creditworthiness. In other words, this is an unusual situation in which, all else being equal, shorter-term investments return more money than longer-term investments.

    Historically, inverted yield curves on US treasuries have been reliable indicators of impending recessions or economic downturns, and more prolonged inversions generally correlate with more severe crashes, as this video by the Game of Trades investment channel demonstrates: youtube.com/watch?v=ELF_EivMCM

    (The last 30 seconds of this video are just ads for the channel's trading advice services.)

    Our current situation in 2024 is that the yield curve has been inverted for 540 days, which is comparable to the durations of the inversions preceding the 1974 crash and the 2008 global financial meltdown (low 500s each) and second only to the 1929 market crash that kicked off the Great Depression (700).

    The stock market is currently still going up, but keep in mind that the stock market went up for a long time after the 2008-era inversion as well: a record 657 days. If the market were to keep rallying for that length of time today, then the crash would begin this August.

    2008 showed us that the average person will be angry and more ready to question capitalism itself when events like this happen. As Marxists, we must prepare to do widespread agitation, education, and organizing in its wake, spreading real knowledge about how to understand, resist, and fight back against capital.

    #yieldcurve #ustreasury #federalreserve #invertedyieldcurve #recession #crash #financialcrash #financialmarket #economy #economics #news #politics #gfc #globalfinancialcrisis #2008 #greatdepression #depression #yieldinversion #capitalism #socialism #communism #socialist #communist #marxism #marxist #revolution #rev2030 #revolution2030 #tatertube #s4a #socialismforall

  38. In finance, an inverted yield curve is when interest rates on short-term debt instruments rise above the interest rates of longer-term debt instruments of similar creditworthiness. In other words, this is an unusual situation in which, all else being equal, shorter-term investments return more money than longer-term investments.

    Historically, inverted yield curves on US treasuries have been reliable indicators of impending recessions or economic downturns, and more prolonged inversions generally correlate with more severe crashes, as this video by the Game of Trades investment channel demonstrates: youtube.com/watch?v=ELF_EivMCM

    (The last 30 seconds of this video are just ads for the channel's trading advice services.)

    Our current situation in 2024 is that the yield curve has been inverted for 540 days, which is comparable to the durations of the inversions preceding the 1974 crash and the 2008 global financial meltdown (low 500s each) and second only to the 1929 market crash that kicked off the Great Depression (700).

    The stock market is currently still going up, but keep in mind that the stock market went up for a long time after the 2008-era inversion as well: a record 657 days. If the market were to keep rallying for that length of time today, then the crash would begin this August.

    2008 showed us that the average person will be angry and more ready to question capitalism itself when events like this happen. As Marxists, we must prepare to do widespread agitation, education, and organizing in its wake, spreading real knowledge about how to understand, resist, and fight back against capital.

    #yieldcurve #ustreasury #federalreserve #invertedyieldcurve #recession #crash #financialcrash #financialmarket #economy #economics #news #politics #gfc #globalfinancialcrisis #2008 #greatdepression #depression #yieldinversion #capitalism #socialism #communism #socialist #communist #marxism #marxist #revolution #rev2030 #revolution2030 #tatertube #s4a #socialismforall