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@effeditallup / effeditallup.tumblr.com

Remember you are a wolf.
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this guy talks insanely fast but this is solid info on electrical outrages in the US.

privatization is cringe level 100

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Hedge funds shorted more than 100% of all shares of gamestop, to do this that means they had to sell more shares than actually existed.

The hedge funds never actually owned these shares to begin with because they were short selling so they never actually paid for them.

Redditors saw this and decided to buy up all these shorted shares to gamestop a company that wasnt failing that the hedge funds would then be forced to buy back as they never actually owned the shares.

The beauty of this is if you knew what to look for you could’ve seen this coming too. It isn’t mystical, it isn’t magic. They made these billionaires pay back more than what they basically stole by being greedy, this is a good thing.

Let me explain a bit

rich hedge funds have the ability to sell stocks they havent paid for yet that other people actually own and then pay for them after a certain amount of time. they can sell these stocks trade them whatever but they will eventually have to buy them back.

So they shorted gamestop shares from 20 dollars all the way down to 3 dollars, meaning they borrowed shares to then massively sell.

they sold shares at like 20 dollars and then 18, etc. and because when investors see massive amounts of shares being sold they get nervous and then sell their shares which drives the price of the stock ever further down.

so they took something worth 20 that they sold for 20 dollars and all its downward prices and instead of paying for it at $3 dollars they thought theyd CONTINUE to short the market, meaning they kept driving the prices down because apparently this obscene amount of money wasnt good enough.

Redditors who dont say the stock market is magic and mystical astrology saw this very obvious evidence that these hedge funds would be forced to buy back all these fucking gamestop shares and decided to drive the price of these shares up knowing that the hedge funds would then be forced to buy back the shares they have yet to pay for at increasingly wild prices.

what they were looking for was over 100% of all stocks shorted on a company that wasnt even failing or in complete disarray

they used this knowledge to bring stock that was 20 dollars brought down to $3 all the way back up to $140

the hedge funds still have to pay for all of those shares they never technically even owned in the first place which these redditors knew so they held onto these stocks they bought in a company whose shares were oversold.

INSTEAD of acknowledging this they decided to have media campaigns lie and make the stock market look even more mystical and crazy to people who dont know shit about finance so that your average folks wouldnt catch them in the act of just getting a fucking 2 billion dollar bailout for being greedy fucking pieces of shit.

They also dont want your average person to KNOW they do this shit especially when they drive shares so deep into the ground ($3)

TL;DR: Every time you call the stock market magic and mystical and ooo makes no sense, you pretty much allow these motherfuckers to get away with robbery of the average person (given a government bailout is paying for this)

Understanding how these things happen and knowing what to look for allows people to work together and not only stop it but rob back from the billionaires when they pull this shit.

financial illiteracy isnt helpful to anyone.

my point about financial illiteracy isnt to make anyone feel bad it’s more saying you shouldnt repeat the myth that these things dont make any sense especially when something like this happens because very set laws and rules allowed for this to happen and mystifying that only benefits hedge funds who dont want people catching them doing this.

Hi hello yes, OP? Hi, hello... thank you. Holy fucking fuck, thank you. Thank you for explaining what the fuck was going on so simply

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virovac

I still don’t understand and may need flowcharts

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byebyebriar

Shorting is when hedge funds sell a stock that they don’t actually own. Basically, Bob borrows Ted’s bike and pawns it. Now Bob, legally, has to return the bike to Ted so at some point he has to buy the bike back. Bob makes money by wagering that the pawnshop won’t be able to find anyone willing to buy the bike and he’ll be able to buy it back cheap, return it to Ted, and pocket the difference. 

Now, the one thing you need to the know about the stock market is that it is run by PEOPLE. And people are panicky. It really doesn’t matter how “well” a company is doing if its stock is being sold off en-mass. People panic, think that somebody knows something they don’t, and sell their stock/refuse to buy. 

The hedge funds basically bought a very specific kind of bike and pawned all of them. They bet that people would see a lot of a specific brand of bike at the pawn shop and refuse to buy because there MUST be something wrong with that brand right? Why else would a ton of them be in a pawnshop? Better ditch your own right now or risk the wheel falling off or something. 

So, Gamestop’s stock is in the toilet and the hedge funds are about to make a shit ton of money. 

Enter reddit.

Upon seeing that Gamestop’s stock is artificially low because of hedge fund dickery, one forum decides to start buying Gamestop stock out of spite. Buying raises the stock price. The Redditors raise the price enough that the hedge funds start panicking. The time when the HAVE to buy back the stock is coming due and now it is WAY more expensive than they sold it for. Its like Bob walking pass the pawnshop and seeing the bike’s price is now three times what he sold it for. Bob panics. Bob makes a horrible decision. He complains to everyone about this. EVERYONE. 

Hedge funds were on tv whiny and attracted the attention of people who REALLY DON’T LIKE THEM. People like Elon Musk whose company has been targeted by shorting before and has no problem finding the cash to buy the inflated Gamestop stock and have the social media platform to shine an even bigger spotlight on this. Now other people outside of the Reddit forum are joining in because they smelled blood in the water. 

Remember, the hedge funds HAVE to buy these stocks back. No matter what, come the due date, they will have to purchase the stocks at whatever price they are listed at if they haven’t bought them back before then. Even if that price is a hundred times what they paid. Basically, if Bob has to sell his house to get that bike back to Ted then that’s what he’ll have to do. Considering one hedge fund required a bailout already over this, its looking like a lot of people will be selling their houses over shorting Gamestop stock. 

That bike metaphor is literally the first time I’ve seen the concept of stocks explained in a way that makes any sense.

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celiabowens

Adult SFF edition

High/Epic Fantasy

  • The Lies of Locke Lamora: heist fantasy following a band of misfits! It has morally gray characters, fun banter but heartwrenching moments and a pretty complex plot. It’s a classic to say “if you liked Six of Crows and want to try adult SFF try this” and it’s probably true. 
  • Kushiel’s Dart: a political fantasy tome loosely inspired by Europe in the Renaissance. Pretty heavy on romance and erotica (with BDSM elements) as it follows a courtesan navigating the political scene. It has an amazing female villain.
  • A Darker Shade of Magic: probably the easiest way to approach adult fantasy. It has multiple Londons and a pretty unique magic system and concept, plus a crossdressing thief, knives and great banter. 
  • The Poppy War: grimdark fantasy (TW: abuse, self harm, rape, drug abuse), inspired by Chinese history. It’s adult, but follows younger MCs and the unique blend of different historical periods/inspirations makes it extremely interesting. The characters are extremely fucked up in the best possible way, plus the use of shamanism is awesome.
  • The Sword of Kaigen: if you liked The Poppy War you could like this one. The Sword of Kaigen is an Asian-inspired militaristic fantasy, with elemental magic, a badass housewife dealing with her past and hiding a sword in her kitchen’s floor. It has interesting and nuanced family dynamics and a great reflection on propaganda and the use of narratives.
  • The Priory of the Orange Tree: high fantasy, featuring dragons, a F/F romance and pretty complex world building. The author reuses typical fantasy tropes and roles in a fresh way. Very readable in spite of its length.
  • Empire of Sand: inspired by Mughal India, this one focuses on culture and religion and has great slow burn romance (TW: abuse, slavery). It’s pretty slow paced, but the payoff is great. Also a good “YA crossover”.
  • The Hundred Thousand Kingdoms: first book in a companion novel trilogy, following a young woman who finds herself at the center of a vicious political struggle, as she’s suddenly become the heir to the throne. 
  • Black Sun: first book in a new series by Rebecca Roanhorse, inspired by pre-Columbian societies and cultures. It mainly focuses on religious and political conflicts. TW for abuse, mild body horror and suicide (not very graphic). Nice inclusion of lgbt rep across the whole cast + one of the main characters is blind. Great world building!

Historical Fantasy

  • The Night Circus: perfect transition from YA to Adult for a reader, The Night Circus is a gorgeous historical fantasy romance. The author’s writing is amazing, the descriptions and the subtlety of the main characters’ relationship are to die for.
  • The City of Brass: political/historical fantasy tome featuring Middle Eastern mythology. It follows younger MCs (honestly another series that could be a good way to approach adult SFF) and has great character growth throughout the series. The first book has some more trope-y elements, but the payoff is worth it. 
  • The Golem and The Djinni: historical fantasy (if you loved The Night Circus you could like this one), following two mythical creatures as they navigate New York in 1899. Slow burn romance, rich descriptions, fascinating combination of Jewish and Syrian folklore.
  • Gods of Jade and Shadow: a fantasy bildungsroman set in Mexico during the Jazz age. Another great way to approach adult SFF as it follows a young girl on a life changing adventure. It features Mayan mythology and a god slowly becoming human.
  • The Ghost Bride: set in Malaya in 1893, it follows the daughter of a ruined man as she receives the proposal to become a ghost bride. Lovely setting, rich in culture and extremely atmospheric.
  • The Bear and The Nightingale: a coming of age story inspired by Russian folklore. Another great way to start reading adult SFF: it’s very atmospheric and fairy tale-like. Also frost demons are better than men.
  • Queen of the Conquered: first book in a fantasy duology(?) set in an alternate version of the Caribbean at the time of Scandinavian colonisation. It follows Sigourney, a biracial woman (her mother was a slave, freed by her father) and the only islander who is allowed to own and use kraft and therefore has a position of privilege, which she constantly abuses, while telling herself she’s doing it for the islanders’ benefit. The book is hard to read, because the MC is no hero and her POV can be quite challenging to get through, but if you’re up for it I’d totally recommend this. (TW: slavery, abuse, death).
  • The Binding: very minimal fantasy elements, set in a world vaguely reminiscent of 19th century England. I’d say this book is about humans and self discovery. It’s about cowardice and the lies we tell ourselves and those we wish we could tell ourselves. M/M relationship. (TW: abuse, sexual assault, pretty graphic suicide scene).
  • The Lions of Al-Rassan: this one has minimal fantasy elements, much like other Kay books, as it reads more like an alternate history. Using Moorish Spain as a template, it deals with the conflict between Jews, Muslims and Christians. Much like Under Heaven and most of his historical fantasy it shows common people being swept up in dramatic events. 

Urban Fantasy

  • The Divine Cities trilogy: starting with City of Stairs, it follows a female diplomat and spymaster(!!). The whole trilogy features an interesting discussion about godhood, religion, fanatism, politics, without ever being boring or preachy. It has complex and rich world building and a pretty compelling mystery.
  • Foundryside: heist fantasy following a thief as she’s hired to steal a powerful artifact that may change magical technology as she knows it. Also, slow burn F/F romance.
  • Jade City:  a wuxia inspired, gangster urban fantasy. Great family dynamics, very interesting political and economical subplots. 
  • One for My Enemy: sort of a modern Romeo and Juliet, but set in New York, starring two magical gangster families. The female characters are to die for.  
  • Trail of Lightning: inspired by Native mythology and the idea of subsequent worlds. It has a kickass MC and a good mix of original elements and typical UF tropes. You could like this if you liked the Kate Daniels series.
  • American Gods: a classic of the genre, pretty much brilliant in how it reuses old mythology in a modern setting.

Retellings

  • Spinning Silver: a very loose retelling of Rumpelstiltskin, with a gorgeous atmosphere. It mainly follows female characters from different social and economical backgrounds and reuses the original tale to challenge the antisemitic ideas around the role of the moneylander.
  • The Queens of Innis Lear: fantasy retelling of King Lear, very atmospheric and gorgeously written. Slow paced, but very satisfying build up, lots of backstabbing and miscommunication. (heads up though, one of the MCs is coded as aroace and I found the rep pretty bad on that. The book does feature casual bisexual rep though, which was great)
  • Lady Hotspur: genderbent retelling of Henry IV, set in the same world as The Queens of Innis Lear. Lesbian and bisexual rep. Heavy on political subplots, features ambitious women growing into their roles.
  • Deathless: sort of a retelling of Koschei the Deathless set in the first half of the 20th century. Brilliant reuse of Russian folklore to weave together politics and history. It does have pretty brutal descriptions of war, morally gray characters, unhealthy relationships and overall a lot of mindfuckery.

Space Opera

  • A Memory Called Empire: space opera inspired by the Mexica and middle period Byzantium. It focuses on topics like colonialism and the power of narratives and language. It has one of the best descriptions of what it’s like to live in between spaces I’ve ever read. Also very interesting political intrigue and has a slow burn F/F romance (and a poly relationship recalled through flashbacks).
  • Ninefox Gambit: a Korean-inspired space opera with a magic system based on math. It’s honestly quite convoluted and difficult to follow, but it also features some of the best political intrigue I’ve ever read. Plenty of lying, backstabbing and mind games. It also features lesbian and bisexual rep and an aroace side character (TW: mass shooting, sexual assault).
  • The Light Brigade: militaristic space opera set in a not-so-defined future in which corporations rule Earth and space in general. The book follows a newly enlisted soldier as they go through gruelling training and experience the side effects of being broken down into atoms to travel at the speed of light. It’s a heavy book, featuring raw descriptions of war, and quite difficult to follow (non-linear timelines…) but it’s also an amazing critique of capitalism and political propaganda (TW: death, mass shooting).
  • Gideon the Ninth: pretty much lesbian necromancers in space. Very loose world building, but a fun mystery full of banter. Can be quite confusing in the beginning, but a relatively easy and fun way to approach science fiction.
  • The Long Way to a Small Angry Planet: character driven space opera featuring a found family journeying through space. A fun read, that also deals with topics such as sexuality and race. Quite easy to go through, as the world building and plot aren’t particularly complex themselves. Also features a F/F romance. 

Science Fiction-Fantasy that I can’t fit anywhere else

  • Vicious: college roommates put themselves through near-death experiences to obtain super powers, only everything goes wrong. Follows a great band of misfits (and pretty much everyone is morally gray).
  • Middlegame: a brilliant and complex tapestry of alternate timelines, following telepathically connected twins trying to escape the alchemist that wants to use them to obtain godhood (TW: attempted suicide).
  • Piranesi: the long awaited return of Susanna Clarke, Piranesi is an odd, mysterious book set in a house with infinite rooms and endless corridors, apparently inhabited by only two people. 

Bonus Novella recs: novellas are amazing and don’t sleep on them!

  • The Empress of Salt and Fortune: an Asian-inspired fantasy novella, it gives a voice to people usually silenced by history. It follows a cleric (non binary rep) as they chronicle the story of the late empress, retold through objects that she used in her life. It focuses on bonds between women and the power that lies in being unnoticed.  
  • The Black God’s Drums: an urban fantasy novella, based on Orisha mythology and set in an alternate, sort of steampunk, New Orleans. 
  • The Haunting of Tram Car 015: alternate steampunk Cairo populated by supernatural entities. It has a compelling mystery, starring a great lead.
  • This Is How You Lose the Time War: epistolary set during a time-travel war, F/F romance and gorgeous prose. 
  • The Citadel of Weeping Pearls: a novella set in the Xuya universe (a series of novellas/short stories set in a timeline where Asia became dominant, and where the space age has empires of Vietnamese and Chinese inspiration), but can be read as a standalone. It’s a space opera featuring a disappeared citadel and the complex relationship between the empress and her daughter as war threatens her empire.
  • To Be Taught, If Fortunate: an incredibly heartwarming and yet meaningful novella about research and the meaning of it. It’s the tale of 4 astronauts on a crowdfunded mission to explore space, to observe and report without conquering. It’s written in lovely prose and is very casual in its lgbt rep.
  • The Deep: very good novella set in an underwater society built by the descendants of African slave women that were tossed overboard. It’s not an easy read at all, as it deals with trauma, both personal and generational ones. 

Bonus short story collections recs

Graphic Novel

  • Monstress: series set in an alt 1900s matriarchal Asia, following a teenage girl who survived a war and shares a connection with a monster that’s slowly transforming her. (TW: slavery, death).
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vrabia

hey friends, if you care about cultural appropriation and the damage it causes, please check out this awesome project!

in 2017 dior copied the design of a traditional romanian coat from the county of bihor and sold it for 30,000 euro, giving no credit to the local artisans. in response, romanian fashion magazine beau monde helped the community create their own brand, bihor couture, which sells the original coat, handmade to order, for 500 euro a piece. they also sell other traditional clothing and jewelry for much more accessible prices (5-45 euro). they’ve been hugely successful so far, and currently have enough pre-orders to cover 4.5 years of work, with 100% of the profits returning to the community. 

it’s surprisingly common for big name fashion designers like dior, gaultier, tom ford and altuzarra to copy traditional romanian clothing and sell it for ridiculous prices, with minimal original input, while giving nothing back to the community where these designs originated. it’s completely unfair that a big name designer can just steal so much hard work and misuse it to make huge profits. 

please support bihor couture, if not by ordering one of their products, then by spreading the news around. it’s really awesome to see a small community fight back against cultural appropriation so successfully. i hope they carry on for a long time!

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hyena-frog
““Do you remember that spring on Earth in Pacifica? Daxo taught my son to build castles in the sand. Pax cried when the waves came in. Your brother sat him on his knee and told him that’s all life is. Moments you build only to see washed away. But that doesn’t mean it’s all for nothing. The key is having a long memory for the sweet, and a short one for the bitter. I will miss your brother, Thraxa. But he isn’t gone.””

— Darrow, Dark Age, Chapter 35

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charcubed

We’re all having “hard conversations” about racism, police brutality, and #BlackLivesMatter I hope. 

You’ve probably noticed that detractors often use the same “racist talking points” in response. Here’s a researched and sourced guide to help you answer, for the times you may get stuck.

Feel free to save these images and share them!

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spidaerman

To all my black followers and friends, stay safe.

Also, I would like to add that black lives have always mattered, will always matter.

It’s awful that we even have to say that because it should be a given. However, we need to say it loud and clear for the racists.

We cannot be silent. 

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cyberebyc

Seattle Policeman Jared Campbell mazed a child then refused to give his badge number.

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