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Axios @axios
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Ten years ago today, Lehman Brothers filed for bankruptcy, sending America into its most dire financial crisis since the Great Depression. Our deep dive on how it shaped the country over the next decade: axios.com/newsletters/ax…
Could another financial crisis of the same magnitude come at any moment? The answer, reassuringly, is no. The economy has immunized itself to a similar shock.
axios.com/financial-cris…
The financial crisis was shocking because so few people saw it coming, as much of the risk was hidden within complex financial instruments. Here are three top risk factors we face today: axios.com/post-financial…
What America experienced in 2008 was a sudden and pervasive fear that the foundation of America's economy had crumbled, in a way that few had ever previously internalized. axios.com/we-fell-so-far…
No major Wall Street, real estate or insurance executives were jailed for their roles in nearly destroying the U.S. economy. axios.com/financial-cris…
College enrollment increased during the recession, as many viewed education as a better option than looking for work in a shrinking job market. A particularly popular option: for-profit universities. The result: millions of students became mired in debt. axios.com/great-recessio…
The tech industry took a slight hit in 2008-2009, then jumped on a bull that's still kicking today, with the Nasdaq rising around 600%. axios.com/dotcom-bust-te…
For many in the generation of young adults who came of age during the financial crisis, owning big-ticket items like houses and cars is no longer seen as wise — or necessary. axios.com/great-recessio…
The 2008 financial collapse did not take the renewables industry down with it — and in several ways it even proved a blessing. axios.com/financial-cris…
America's economy is now booming, but the spoils have not been evenly distributed. Economic opportunity is tied to location, more than ever before, with one of every four new jobs left for the bottom 60% of zip codes. axios.com/uneven-recover…
Axios asked several experts to share the greatest long-term consequence of the financial crisis, in just one sentence: axios.com/newsletters/ax…
If you found this valuable, sign up for Axios Edge, @felixsalmon's new Sunday night newsletter looking ahead to the week in markets and business. link.axios.com/join/edge-sign…
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It's day 18 of the government shutdown. Here are all of the ways Americans across the country are feeling its effects
axios.com/government-shu…
• 800,000 federal workers are set to miss their first paycheck
• Food stamps for 38 million people could be reduced or run out entirely
• HUD may have difficulty sustaining rental assistance payments
axios.com/government-shu…
• Emergency aid for farmers impacted by the trade war could be disrupted
• The Fed may not have access to federal economic data
• Federal immigration courts have to pick and choose which cases to handle, which could cause years-long delays
axios.com/government-shu…
Read 3 tweets
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🗺️ DEEP DIVE: The Refugee Crisis — There are now more than 60 million people in the world who have been forced by violence and conflict to flee their homes. The crisis is the worst its been since World War II, and it's not getting better. axios.com/tag/deep-dive-…
Som Subedi, who fled Bhutan in 1991 and now lives in Oregon, tells Axios his story... "On June 19th of 2008, I came to this country with almost $10 and a plastic bag. And I started my life." axios.com/immigration-re…
Already, global warming-related factors are playing a role in setting people into motion, both within countries and between them.
axios.com/climate-change…
Read 9 tweets
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Deep Dive: 5G, one of the most used and least understood buzzwords, is the next generation of mobile networks. It will mean faster phone data, but will also pave the way for billions of connected devices: autonomous vehicles, smart homes & smart cities. axios.com/newsletters/ax…
When will 5G actually arrive? While all of the Big 4 carriers plan to offer 5G mobile cell service in the first half of next year — and each is making the case they will be first — each is taking a different path. axios.com/carriers-deplo…
Key vocabulary, explained: 5G, small cells, latency, spectrum, millimeter wave axios.com/5g-technology-…
Read 10 tweets

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Depression is more than just feeling down.

It's a lack of motivation, increased negative emotions (anger, anxiety), a lack of concentration and memory, negative thoughts about oneself and the world (hopelessness, worthlessness), social anxiety, feeling trapped, dark imagery.
Fun not-so-fun facts about #depression:

Over 100 mil of us suffer from it.

It's existed as long as there have been human records.

Was first named as a condition 2400 years ago, by Hippocrates (in the West).

Non-human mammals can be depressed.

#mentalhealth #mentalillness
We often think of #depression as sadness, but the "two A's of depression" are very real: anger and #anxiety.

Other negative feelings that can increase are sadness, guilt, shame, envy, and jealousy.

#mentalhealth #mentalillness #mentalhealthawareness
Read 4 tweets
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Today a tweet appeared from Jeremy Corbyn.
It used language that should worry any democrat.
But it also used language that will send a chill through the heart of many British Jews.
The period between March and now has seen Labour's crisis over antisemitism reach fever pitch. It's been unrelenting.
In late July (just 6 weeks or so ago) the 3 main Jewish newspapers in the UK all published the same leading editorial on their front pages.
The phrase that was then picked up and run with by the rest of the media from this leading article was that a Corbyn led government would pose an "existential threat" to British Jews.

That phrase has come to signify and encapsulate the issue: Jews perceive Corbyn as a threat.
Read 13 tweets
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Interbank Funding via @TBTFLive

#tenyearsago
@TBTFLive Iceland ten years ago
@TBTFLive Lehman Brothers: presentation to the Fed

via @tbtflive

fcic-static.law.stanford.edu/cdn_media/fcic…
Read 104 tweets
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Today is the 10-year anniversary of Mahmoud Ahmadinejad's Columbia speech
And now for a long, tedious thread about Mahmoud Ahmadinejad's appearance at Columbia's World Leaders Forum, 10 years ago today
I have a few vivid recollections of the day—I was 3 or 4 rows from the front, sitting a seat back from a Tehran-based Iranian journalist...
Read 42 tweets

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