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mariojv commented on Squatting in Spain: Understanding Spain's "okupas" problem idealista.com/en/news/leg... · Posted by u/diggan
It's kind of dystopian that it would even get to this point, but I wonder if there would be a business model that could sell "squatter insurance" to people, requiring that they follow particular security system procedures, but pay them out if someone successfully squats in their place.
mariojv commented on Japanese 'My Number Card' Digital IDs Coming to Apple's Wallet App macrumors.com/2024/05/29/... · Posted by u/tosh
Any guesses until how long your phone acts as both your driver's license and car keys?
I’d hate to run out of battery or accidentally break my phone and lose access to something as basic as an identity document or my main means of transportation, at the same time as having lost access to call for help.
mariojv commented on Japan's Nikkei surpasses 1989 all-time high cnbc.com/2024/02/22/japan... · Posted by u/qclibre22
Bro that happened in covid
???
Are you claiming the Fed has directly purchased US stocks? I don't think they have.
I've only ever seen reports of them buying government and mortgage debt: https://www.cnbc.com/2022/12/22/how-the-federal-reserve-affe...
You can argue the purpose of these actions was to prop up the stock market, but I don't think they've ever intervened in as direct a manner as the Bank of Japan has with buying company stocks.
mariojv commented on Japan's Nikkei surpasses 1989 all-time high cnbc.com/2024/02/22/japan... · Posted by u/qclibre22
In 2021 the Bank of Japan had become the largest shareholder in the Nikkei. Is that still true? https://www.bloomberg.com/news/articles/2020-12-06/boj-becom...
Not sure, but BOJ was a net seller of stocks in 2023: https://asia.nikkei.com/Economy/Bank-of-Japan/BOJ-turned-net...
So, it seems like they're at least starting to offload their stock holdings.
I was very surprised when I learned that their central bank was purchasing stocks. I'd heard about it first in 2020, but apparently it had been going on before the pandemic.
It makes me wonder if the US stock market crashed hard enough if the Fed would start buying up stocks on the major indexes. Are they even legally allowed to do this? If so, what other assets can the Fed acquire? REITs? What about direct real estate purchases? I wonder if corporate real estate crashed hard enough from remote work if they'd prop it up.