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Do Americans trust their own currency?

https://lemmy.world/post/44550300

Do Americans trust their own currency? - Lemmy.World

Putting it into perspective: the Swiss Franc is backed by mutual trust which is something money can’t buy (investors have confidence on economic stability during times of crisis) since it’s not pegged to another currency or gold despite them having gold reserves. They even have a 1000 CHF bill ($1,269) so it’s a strong currency in that sense, they barely circulate it outside. Do YOU consider the US Dollar a safe haven currency? If it were: it would’ve received the same status as the Swiss Franc. The reason why CHF is strong is due their trust & confidence alongside a stable economical & political system, put it in comparison: how many Americans have confidence in their own currency? Does the USA have a “truly” stable political system? The thing is: Switzerland is neutral, meaning they have no incentive whatsoever on becoming belligerents in foreign wars (something the USA can’t stay away from since they spend a LOT of money on the military). Their national debt is lower than it is in USA (140m CHF / ~$179m) while in comparison: America’s debt has ballooned to around $38,200,000,000,000 if I recall. It’s also tied to their monetary policy (which is highly trusted) hence why they managed to keep inflation relatively low but inflation in America as a joke (no need to say how bad it is). Their interest rate is 0% (can’t be said for US Federal Reserve: 3.75%) as Switzerland’s goal is to ensure price stability long term while the USA is more on promoting maximum employment.

Do YOU watch "modern" (2015-25) movies or older movies?

https://lemmy.world/post/44546360

Do YOU watch "modern" (2015-25) movies or older movies? - Lemmy.World

In terms of “older” cinema: mainly starting from 1950’s until 2010’s (consisted of Silent, Boomer or Gen X actors) while “modern” cinema is more on after 2015 (where all the SJW agenda started appearing later on just to appease whom they deem their “modern” audience alongside excess use of CGI, make up, plastic surgery, green screen or AI) that it doesn’t even look believable. Movies from the past used miniatures, practical effects, constructing movie sets alongside being filmed on location (as this was prior to CGI and green screen) like that scene from 2001: A Space Odyssey (1968) on how they managed to pull off the “floating pen” effect (a pen stuck on a glass pane) without them using CGI for that (the movie came out in the 60’s before either existed). The acting from those vintage movies is different from today, as back then the majority are in black and white, only select movies are filmed entirely in technicolor. Back then, actors & actresses have to annunciate their voice as if they’re in a theater (even on film) since only black and white footage has it’s limitations. Technicolor movies have bright sets just to capture the hue on camera. Movies made today seem “trash” (again, not all) as there’s a trend on actors having to explain to the audience on what’s going on since writers are aware that people nowadays have a short attention span on watching the movie (due to doom scrolling on their phone), while that isn’t the case with older movies from the 1950, 60, 70, 80 or 90s since people were not distracted with TikTok shorts. Being a movie star in the past required talent and skill, basically grinding from being an extra until you become the main lead when you get the chance. Now, it seems like Hollywood is hiring social media influencers to become movie stars, but making a TikTok short & being famous from that overnight is not the same as professional filmmaking since those are not comparable at all. Another reason why I prefer watching movies from the past (i.e. 1950-80s) is because they speak “proper English” while movies made now are filled with “Gen Z & Alpha slang” that in itself feels like hearing another language even though it’s not. I mean, you don’t hear skibidi or fanum tax for instance from a movie made in 1959 or 1982 since that kind of speech was non existent nor was brain rot. However, if you watch “classic” (50s) movies, there’s no presence of social media, internet or an iPhone. Even some of the Hitchcock movies still hold up today due to the acting (i.e. Psycho, North by Northwest, etc.). Directors such as Stanley Kubrick & Steven Spielberg put effort into film making that even now their works hold up (mainly due to acting) and they used props & miniatures. The thing about movies made now are that: it’s CGI overload with low effort plus AI integration, basically killing off practical effects that made older movies stand out (set texture and realism plays a role like in Lord of the Rings: the sets in the movie are real life minatures, photos are taken then added in post as a still image) if done today, it’ll just be a computer generated image.

Why is the £50 note rare & barely used?

https://lemmy.world/post/44512465

Why is the £50 note rare & barely used? - Lemmy.World

Like, what’s the point of its existence when that denomination is difficult to come by since ATMs don’t disperse them. I mean, will they still refuse a £50 note when paying for a £45 purchase?

How bad is bullying across schools in the United States?

https://lemmy.world/post/44512188

How bad is bullying across schools in the United States? - Lemmy.World

I know that bullying is universal worldwide, but the subculture around it differs, as in Japan it seems to be more psychological rather than physical, even if you stand out from the norm or customs. For instance even you’re not Japanese or mixed race (like that of another nationality), is a factor that can trigger bullying, you’ll become bait for the tormentors. Seeking actual support is something they’re afraid of as the bullies threaten the victim. Also it does not help to how teachers or adults deal with it, they literally say amongst the lines of「無視」(ignore) Well… that will be useless when it’s escalated to the breaking point. Teachers do not use the right approach, even in front of the entire class indirectly teasing or chastising him or her, there are cases that they are the bullies themselves or an accesssory. Even if the victim reports it to both parents or the school body itself, most of the time it’s brushed off as they don’t give a f*ck about it, even at the most severe cases. A common outcome is that the victim ends up thinking about 自殺 (suicide) rather than actually dealing with it, the whole idea about it has been part of the culture for centuries due to seppuku. In most cases, media only discusses it if the victim is deceased, when the school is questioned about it, they often say “We’re not aware of it.” When they were but decide to put it under the rug. Also, the mindset most people have is “Well… we’re used to it. There’s no point in reporting it when nothing is going to happen.” I’ve noticed that in both countries most of the tormentors are teenage girls rather than boys, they surround the victim trying to sway them away from anyone who can intervene. The subject matter of bullying in countries like Japan (or South Korea) is overlooked and brushed aside as they don’t really address it sincerely, the stigma of mental health is dire as emotional weakness is frowned upon.

How bad is bullying across schools in the United States?

https://lemmy.world/post/44510871

How bad is bullying across schools in the United States? - Lemmy.World

I know that bullying is universal worldwide, but the subculture around it differs, as in Japan it seems to be more psychological rather than physical, even if you stand out from the norm or customs. For instance even you’re not Japanese or mixed race (like that of another nationality), is a factor that can trigger bullying, you’ll become bait for the tormentors. Seeking actual support is something they’re afraid of as the bullies threaten the victim. Also it does not help to how teachers or adults deal with it, they literally say amongst the lines of「無視」(ignore) Well… that will be useless when it’s escalated to the breaking point. Teachers do not use the right approach, even in front of the entire class indirectly teasing or chastising him or her, there are cases that they are the bullies themselves or an accesssory. Even if the victim reports it to both parents or the school body itself, most of the time it’s brushed off as they don’t give a f*ck about it, even at the most severe cases. A common outcome is that the victim ends up thinking about 自殺 (suicide) rather than actually dealing with it, the whole idea about it has been part of the culture for centuries due to seppuku. In most cases, media only discusses it if the victim is deceased, when the school is questioned about it, they often say “We’re not aware of it.” When they were but decide to put it under the rug. Also, the mindset most people have is “Well… we’re used to it. There’s no point in reporting it when nothing is going to happen.” I’ve noticed that in both countries most of the tormentors are teenage girls rather than boys, they surround the victim trying to sway them away from anyone who can intervene. The subject matter of bullying in countries like Japan (or South Korea) is overlooked and brushed aside as they don’t really address it sincerely, the stigma of mental health is dire as emotional weakness is frowned upon.

Is an individual's unpaid debt rescinded when they passed?

https://lemmy.world/post/44509973

Is an individual's debt rescinded when they passed away? - Lemmy.World

The scenario is like this: boyfriend has unpaid debt (either from loansharks or the bank themselves) however he died from a terminal illness before debt collectors can get to him, but does his death automatically “erase” the unpaid debt he owes as he’s gone? The thing is, they can’t pursue him as he’s literally dead. The contract he signed prior to death only bares his name (meaning the debt can’t be passed down to either his girlfriend or family) as he’s the only signatory listed on paper (while his family are not signatories). Debt collectors or loansharks show up to his residence only finding out from his girlfriend that he passed away (she has his death certificate to prove it), she reiterates that his debt can’t be paid the “conventional” way as he’s no longer alive to do that.

Will these currencies lose value due to the Iran War?

https://lemmy.world/post/44508303

Will these currencies lose value due to the Iran War? - Lemmy.World

I mean, due to the war with Iran: will these currencies (mentioned below) lose value because the strait of Hormuz is under threat despite that route being vital for the transportation of crude oil worldwide? The thing is that, these currencies are known for being stable due to the demand for crude oil (which ensures demand for their currency), strict monetary polcies from central banks & pegged to the USD. I’m mainly talking about: - UAE Dirham - Kuwaiti Dinar - Bahraini Dinar - Qatari Riyal - Saudi Riyal - Omani Rial To put into perspective: the Ukrainian Hryvnia has been devalued by 25% following Russia’s invasion deeming it a weaker currency than it used to be. The thing is with let’s say the Omani Rial, it’s pegged to the USD (same with both QAR & AED) while KWD is pegged to an undisclosed currency basket. Oil is the key player as to why GCC currencies are strong. With the strait of Hormuz under threat as Iran is attempting to obstruct vessels transporting crude oil, would that mean let’s say the Qatari Riyal will lose value? For instance: the Kuwaiti Dinar is a strong currency but with recent events (like fighter jet being shot down by an Iranian drone or Iran themselves attacking US bases situated in Kuwait) will that status change?