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Joined 1 year ago
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Cake day: June 13th, 2023

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  • I browse Reddit only for one sub, a country-specific one that is reasonably niche. Right when the API migration happened, there seemed to be a very visible migration of Facebook/Instagram people migrating over to Reddit. Posts asking where to find Instagram/Facebook functionality came in daily, and the overall quality of both comments and posts degraded a lot, suddenly posts had a ton of comments with one word and a ton of emojis.


  • So if I understand correctly, the reason it’s outdated is not because we don’t need those pesky banking regulations any more, but that it has been found that banks will just take out their own loans to cover the reserves they need from the central bank, so they can just lend as much as they want, no seatbelts. And the central bank will never run out of loans to give, since they have insane reserves, in their own currency it is technically unlimited.

    So money is not really the thing we think it is. If banks overextend themselves and fuck up, the only thing we’ll see instead of failing banks is runaway inflation in the consumer and asset (housing) markets. Wonder where I’ve seen that.


















  • The smart is now a 4 meters SUV

    Is it? I haven’t heard about it, I’ve seen some weird concept picture, but the Fortwo as currently being manufactured is still the same 2.6m long car as it was in 2014 as per Wikipedia.

    The Volkswagen up (small 4 person car) is out of production and they’re selling nothing under 4 meters Skoda, after retiring the citigo, has the Fabia that’s relatively small (almost 4 meters) and the rest are huge

    They are the same company. The Skoda Citigo and the Seat Mii are both just rebadged Volkswagen Up cars.

    The fiat panda (another small 4 person car) is in the process of being redesigned and the mockups look like a huge range rover SUV

    Those mockups are actually the redesign of the Panda Cross, which was an SUV-ish thing they introduced in 2014. Fiat still makes the subcompact 500, having recently made an electric version.

    Some EU automakers are doing weird stuff, but if you look at the electric car market for example, at lest where I live, locally produced electric kei trucks actually outsold Tesla at some point.