Skipping every podcast that turns into an AI puff piece means I have much more time to listen to music.
Springtime for a Japanese Maple tree.
#dailyphoto #oregon #eugeneoregon
“Triptych”
As near as I can suss out, private credit + banks looks like this:
- Pete is a private credit guy. He lends $5 to Joe on a promise of high interest return.
- Brad is a banker. He lends $5 to Pete, based on the value of Pete’s loan to Joe.
- Pete lends the new $5 to Jim on a promise of high interest return.
- Joe and Jim get together and spend the $10 on cheap thrills and then go sleep it off, declaring bankruptcy.
- Pete and Brad are both shit out of luck, hilarity and bank runs ensue.
Maybe I’m missing something but this doesn’t seem like the most sophisticated piece of financial engineering ever.
“Peaceful View”
Near Swing Hill outside of Eugene.
“Spike”
Camas Lily getting ready to flower
Just a bucolic scene viewed from Mount Pisgah.
#dailyphoto #oregon #eugeneoregon #barn
Pentagon Threatened the Pope After He Criticized Trump
Wow. I would think this was a late April Fools joke or some AI fever dream, but TNR usually does a good job on facts even if it’s very opinionated.
“Confusing Plural”
Is this a pair of killdeer or a pair of killdeers?
“Buttercups”
