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#credit

11 posts9 participants0 posts today

Thanks to #Trump, #Keynesian #economic #theory is reaching its end. But, it's not going back to #Austrian economics, despite being what Trump campaigned on.

His actions are purely Keynesian, with #government involving itself in the #economy and picking winners and losers, more now than ever before.

#Bretton #Woods is over. #US #Dollar #Hegemony is over.

What comes next is #cashless #society. #social #credit scores. Corporations having governing power. #slave #labor and #wealth #confiscation

Continued thread

"The reason you begin tracking your data is that you have
some uncertainty about yourself that you believe the data
can illuminate. It’s about introspection, reflection, seeing
patterns, and arriving at realizations about who you are
and how you might change."
—Eric Boyd, self-tracker

an article by Natasha D. Schüll, 2019, "The Data-Based Self:
Self-Quantification and the Data-Driven (Good) Life" natashadowschull.org/wp-conten

Via #LLRX #AI in #Banking & #Finance, 4/15/25 5 highlights #Tariffs, #Trump AI Are Changing Everything. Should My Portfolio #retirement plans too? How Much Should We Spend to Reduce A.I.’s Existential #Risk?; How Good is AI at Twisting Arms? Experiments in #Debt Collection; Artificial Intelligence in #Investment Banking Transforming Operations and Client Services; and The Transformative Role of Artificial Intelligence and #BigData in Banking. llrx.com/2025/04/ai-in-banking #credit #ID #breaches #crime

It seems to me the real issue here is the growing need for #courts to be able to direct CRAs to put these things right properly.

There would have to be broad new powers, sufficient powers for judges to make ammendments to people's #credit records directly.

Of course this won't happen because there are too many other priorities right now.

But there was a time, when things were running smoothly when it could have been done and it should have been done.

Continued thread

(4) А що робити, якщо потрібно купити квартиру чи авто? Власний досвід – назбирати кошти й тоді купувати.

Або ж чітко знати, що ви будете спроможні віддати кредит з огляду на ваші доходи.

Як у вас з цим?