Recent comments in /f/dataisbeautiful

Five_Fingered_Sloth t1_jco6rki wrote

Very much depends. For raw prize money a spot in the Champion’s League is best, but the UEFA Coefficient -which is used to decide how many teams each country can send to each of the three leagues- doesn’t differentiate the leagues. You gain as many points for a win in the CL as you would for a win in the ECL.

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vlsdo t1_jcnxh7t wrote

I think it might be a bit like phase transitions in supercooled fluids, for example. You drop the temperature slow enough (in this particular case it's interest rates going up instead of temperature going down) that the water ends up in this very precarious equilibrium. The tiniest disturbance or impurity initiates a phase transition to ice, and that spreads across the entire liquid.

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spidereater t1_jcnmpdw wrote

It completely makes sense. Outside of fraud or gross incompetence bank regulations should ensure banks remain solvent. Only when the economy is rocked dramatically will a bank fall and those factors will effect all the banks at the same time.

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atxlrj t1_jcnmbj0 wrote

Yes and no.

The waves correspond IMO to the weakening of Glass-Staegall for sure.

But Republican Presidents aren’t necessarily the chief culprits. DIDMCA was signed by Carter and Glass-Steagall was repealed by Clinton. Reagan and Bush did more than their fair share, but banking deregulation was definitely a bipartisan affair.

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jim-bie t1_jcn8p52 wrote

I have no idea about economics or finance or whatever but I highly highly doubt bank failures are even anywhere near independent

Also if that was true, wouldn’t the distribution here be highly highly unlikely?

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