Fun fact: boomers entered the workforce before credit scores existed. Credit scores were created in 1989, but people treat them like they were in the bible.
Do people want to go back to the system that was used before credit scores? Where the person serving the loan just made the choice based off if they thought you seemed trustworthy? Aka were a white man who went to the same church as them.
Maybe the answer is less reliance on a debt based economy. Maybe the answer is to not bake into the fabric of society a mechanism that makes a lifetime of debt a foregone conclusion. Kill the loan shark for all I care. Why does everyone need a loan? Because it’s built to require one.
As a person with very little debt, this is the way.
In an economy where skill (supposedly) correlates to income, income is expected to increase across a lifetime.
Therefore 25 year-old me borrowing excess income from 45 year-old me is a good thing, purely egotistically.
Furthermore lack of debt means every big purchase is preceded by hoarding. No matter which way you look at it this is bad for society. If I had 50k€ laying around it would be much more efficient resource-wise to lend it to my neighbor so they can build up their business, than to keep the money under my mattress and tell them to tighten their belt for another five years. They get a business, I get a bit more money in the end, everyone is richer and the economy is stronger.
Economics are not a zero-sum game. This belief that “if someone is making money then someone else is getting robbed” is deeply damaging, especially as it seems to be the main economic driver for Trump’s batshit insane administration.
Debt is good. Predatory practices are not. That is what regulations are supposed to curtail. Where I live “credit scores” are not a thing, banks only loan to you based on proof of income, a declaration of open credit lines, and your civil status (age, partnership status, dependent people). Racism and sexism are of course an issue, although if caught the banks face big fines. But it’s not like American credit scores are colorblind…
Ok, so, telling lenders they cannot vet lenders is not reasonable.
Our critiques of credit scores does not automatically mean we want them abolished in favor the previous wink and a handshake.
But American credit scores don’t measure your likelihood to pay back debts, they measure the likelihood of a lender to make money off of you. Those are nearly, but not quite, the same thing, and our current system, as the previous poster said, leads to a lifetime of debt obligations.
What we want is for life to not be dependant on debt.
Those are very different things.
The whole American credit system is frightening. You all but have to own a credit card (here they are only used by people travelling internationally), the credit card needs to be paid off manually (!?!? my bank just auto-withdraws the balance monthly), etc.
Here we employ a straightforward system to vet potential lenders : mortgages almost always have a contractual stipulation that you must use that bank to cash in your paychecks. Your bank will ask for proof of a stable income. You have to put down a downpayment. Defaulting on a mortgage furthermore puts you in a government registry; it’s not “a wink and a handshake” as you put it, but a formal tightly-regulated process.
There is nothing that the credit score system does that the Belgian system doesn’t achieve, except the part where it enables banks to prey on people through a privately owned and unregulated system used to push citizens towards short-term credit and needlessly dangerous financing habits. A 30 year-old with 50k€ in a savings account and no credit history sounds to me like someone who “should” get a mortgage a lot more than someone juggling 3 credit cards and a 10-year car loan. But the american credit system incentivizes the opposite. That is anarcho-capitalist predation.
More than boomers entered the workforce - much of GenX did too
I’m an early Gen X. I was working shit jobs until the 90s/my early 20s.
It isn’t like many of us were planing on buying a house by 1989.
Credit scores are as old as the simpsons!!
It’s not going to get better until we start killing office buildings full of these people.
Credit scores may be relatively new, but Equifax as a company existed since 1899 as “Retail Credit Company” and has always done some form of credit reporting.
1905 is a milestone of modern physics, because it’s when Special Relativity came out.
That’s older than the transistor, which was commercialized in 1951. But it’s also older than the vacuum tube triode, which was invented in 1906 or 1908.
In 1905, there were no amplifiers of any kind (though there were relay switches). There was almost no radio. The triode was a necessary invention for almost all of analog electronics.
That’s a cool story, thanks for sharing!
Wtf is a triode?
God damn do I love it when I get to share a relevant Technology Connections video https://youtu.be/0UKCUMghTrc
three electrodes
Like a transistor only larger, less efficient and more fragile.
The wright brothers flew almost 2 years before special relativity came out.
Chicken tikka masala was supposedly only invented in the 1960s - 1970s. Butter chicken only in the 1950s. Now I’m scared to look up naan for fear of learning it was invented by Nestle in 1994 or whatever.
Naan is safe.
General Tso’s chicken on the other hand, is another 1960s invention.
Same with orange chicken.
In fact, most “Chinese” food that Americans or Brits eat was invented in the 60s or 70s.
Some of it was invented by Japanese-American restaurateurs (fortune cookies are one example), who were in the same business as the Chinese ones: using their knowledge to make cheap, satisfying food that the locals would like, authenticity being no consideration. It all got labelled as “Chinese”, because that’s where they assumed the cooks were from.
Well it’s not like Japanese or Chinese (or Italian or British or French or Danish or Mexican) chefs stopped inventing new dishes. Tonkotsu ramen was invented in the 1930’s. The original Kung Pao Chicken was invented sometime in the mid 19th century, in China. And General Tso’s was probably invented in Taiwan and brought to the United States shortly afterward.
Whether a dish is invented in its ostensibly “home” country or by emigrants from that country doesn’t actually change the legitimacy of the dish. There’s no rule against chefs inventing new dishes, whether they are immigrants or not.
That makes me think of Lomo Saltado. It’s a beef and veggie stir fry you can get at Peruvian restaurants and considered a Peruvian dish. It’s delicious, one of my favorites. But it was actually invented by Chinese immigrants in Peru. So if you follow those same rules, if General Tsos was made by Chinese immigrants in Taiwan, then in other countries, it would be considered a Taiwanese dish. Or if was actually made it America it would be an American dish. Or is that all wrong and I should be able to get Lomo Saltado from a Chinese restaurant?
Doesn’t matter, it’s all delicious to me.
Oh, also, chicken tikka masala was invented in Scotland in the 1970s
Chicken tikka masala is God’s gift to man. I will drink that shit
I find it preposterous to believe that nobody made these dishes before the 1960s. Surely people did. They just weren’t popular or have the branding associated.
New dishes are invented all the time.
But the reason who these two are so ubiquitous is simple.
General Tso’s chicken was featured on 60 minutes. The guy being interviewed showed how to make the dish with each ingredient. After that, it quickly showed up on every Chinese restaurant menu.
Orange chicken was specifically designed for American tastes by Panda Garden, which then spawned imitators.
And most of it wholly invented in the US, too. Hardly any Chinese takeout is legitimate food that is eaten in China, but an Americanized facsimile. Iirc almost all US Chinese restaurants are legit sourced from the same company in terms of most of their recipes and even their decorations and stuff like the “chinese zodiac” placemats
This is a dumb one, but I’ve watched ASMR reiki videos for stress-relief and at least one has said words like “Reiki is an ancient Japanese technique which blah blab blah” Yeah… It was made up in the
50’s1910s by some dude.If reiki(dot)org, which claims to be the international center for this malarkey training is true, they apparently say some different forms of it were around in the 1910s, but I saw absolutely nothing about it being ancient.
Why did you spell that with a “(dot)” and then include an actual link? The reason people use (dot) or (at) is when they don’t want software to automatically see something as a link or an email address, and yet you intentionally added a link.
Because I am an idiot on some form of autopilot. I never type full links in comments but I definitely wasn’t thinking when I did that this time.
It was to protect the ancient secrets of reiki from intrusion.
Yeah, it looks like you’re right. Not sure what I read years ago. This is what Wikipedia says:
Mikao Usui originated the practice in Japan. According to the inscription on his memorial stone, Usui taught his system of reiki to more than 2,000 people during his lifetime. While teaching reiki in Fukuyama, Usui suffered a stroke and died on 9 March 1926.
So, apparently before 1926. Still, really far away from “ancient”.
The high five thing always fucks me up. Mostly because I’ll see it in movies about WW2 and other historical things that it shouldn’t be in and I always have to say something lol.
You know how you can push some buttons on your wall and your house magically warms up or cools down? I know people who were alive before that existed.
Oh, and salmon sushi was invented in the 1980’s by the Norwegian fishing industry. Before that, no salmon in sushi.
bestest sushi
Who started putting avocado in sushi? I hate that shit. It seems like everyone thinks it’s key ingredient in sushi rolls now.
You know multiple people who are 123 years old???
I was thinking of central heat and air conditioning accessible to the masses for home use. But you are right that the history of HVAC goes back much farther than that.
Maybe either didn’t have it necessary it wasn’t widely used, or knew somebody (who was alive 20-30 years ago). Or both.
I still can’t do that
Carbonara was invented around 1950.
No respect will be afforded to Italian cuisine based on this fact
If you really want to rustle their jimmies, remind them that tomatoes came from South America, and weren’t introduced until westward exploration.
Why would anybody care? The only thing that matters is who uses them to make good stuff.
Also corn, bell peppers and chocolate.
Dick Van Dyke is older than sliced bread.
Sliced bread was the best thing since Betty White
I fucking love bread, but I’m not sure sliced bread is better than Dick Van Dyke. We may have gotten it all wrong from the get-go.
The term mullet was coined by the Beastie Boys in 1994
George Kennedy calls someone a mullet head in Cool Hand Luke.
The term has been around meaning a fool or idiot. Also the fish. The Beastie Boys were the first to use it to refer to the haircut.
No diss, but Kwanzaa was invented in the 1960s. It’s not like a directly african tribally descended thing, though inspired by some (mostly Swahili and Zulu), it’s something made for black american pride and reflection.
I actually thought this was common knowledge.
Invention that will seem obvious after it’s introduced: a phone camera that can film in landscape while being held vertically.
Invention that’s not obvious but I’m sure it’s a brilliant idea: edible, bacon-flavored wrapping paper so that pets can open their own presents!
Invention that will seem obvious after it’s introduced: a phone camera that can film in landscape while being held vertically.
Why don’t we have this??
People turning their phones to film in landscape will probably be one of those things that’ll look silly in old media once this is changed.
Phones have square camera sensors.There’s no reason that shouldn’t be a thing already.
They’re 4:3, but close enough I guess. There’s plenty of resolution in either direction anyways
Makes sense. It seems like Motorola is always trying to innovate and then it just doesn’t catch on. I still say it’ll be standard one day.
Clearly the High V
This dude is in sorely need of Appian transit
Almost no “traditional” recipes are older than 150 years.
Edit: i meant meals, not basic fare.
Porridge has been around since roman times.
Is it comparable to today’s oatmeal? Is porridge a separate food from oatmeal?
Oatmeal is a type of porridge, but you can make it from a lot of grains
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You: “Almost no”
Comments: pff look, some example!
Reading comprehension is in the dirt.
Before high fives? Tipping their hat I guess? A subtle nod?
Before high fives, in the 60’s it was “Peace✌️”
Go even further back, lifting your helmet’s visor to show your face.
My money’s on enthusiastic handshakes and cheering. Source: old movies.
I can’t comprehend a world without high-fives.
