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@lwriemen @zleap@qoto.org @clowncollege@neurodifferent.me It's like anything else. People tend to focus on where they think the money is, even if it's for scraps.

Jim boosted

So, for those of you who don't know me that well:

My first full-time job in "tech" was at the little newspaper company in Kansas that open-sourced Django, and which was trying to improve the state of journalism.

After that I worked for Mozilla trying to improve the open web.

After that, a couple of companies trying to make health care better and more accessible for everyone.

Now, at a company that tries to help artists get paid for their art.

And for basically that entire time I've been a vocal supporter of and contributor to open-source software and communities.

Except... well, I don't know the status right now, because the company I work for is apparently affected by the SVB collapse. Right now I don't know if I, or any of my colleagues, or any of the artists we work with, still have a source of income. I may not know for a while.

And it turns out, lots of companies were pushed by their investors into using SVB. Or didn't even know that their payroll provider used SVB. And so a lot of the people being left wondering about their next paycheck are *not* billionaire tech bros, are not people who had any say in their involvement with SVB, may not even have known about it, and are currently just trying to figure out how they're going to make ends meet if the worst-case scenarios play out.

So. If your hot take is WOOHOO SUCK IT BILLIONAIRES AND TECH BROS AND USELESS STARTUPS, then I honestly don't even know what to say to you. The people who are going to suffer from a complete collapse are not the people you're hoping will suffer. And the people prancing around and celebrating the idea of a complete collapse are making it clear exactly what their values are and who they're happy to throw under the bus in service to those values.

I suggest not being one of those people. That would be a good start.

@edavies They could initiate a perfect recovery but at that altitude there's no saving it. The whole thing is weird, right from the beginning. As soon as I saw the window video I thought it's just far too low.

@Flick @HebrideanHecate We didn't get the bog roll wars here, but you could not get bottled water in forever. This, coincidentally is one of the rainiest states in the USA.

It's paywalled, but that's the gist of it. Socialised losses, again.

We must find a way to make sure that wealthy people with large, uninsured deposits are looked after:
nytimes.com/2023/03/12/busines

@HebrideanHecate @Flick I think we had one week where it was hard to find anything, then they bounced back pretty fast.

@Flick I've got used to it in a decade or so of being here. I only really started to think about it during Covid because people got a bit crazy. That said, nothing happened locally.

@Flick My slightly nutty survivalist neighbour was very upset that he was ready for anything but a "Goddamned Chinese virus" and seemed to be trying to figure out how he could shoot covid

@Flick Hope you can get lots of money in the mattress!

Really good breakdown of the Yeti airlines ATR accident:
youtu.be/wIlO-TBDyaw

When I read the social media doom and gloom about banking I remember that there are people still with attics full of bottled water and toilet paper because they lost their damn minds three year ago and stripped the shelves bare. People are panicky. Americans especially so.

@Gelatinousrube My dad's hid in my suitcase when I visited him. He got out, hid under the bed, then bopped me on my arse before running back upstairs. The little shit.

@Flick The boys won't leave him alone this morning, but he seems happy to play with them.

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