People here don't understand basic concepts like risk adjusted returns, flight to quality, Searching for yield etc...

They aren't a threat , which force is stopping coops from starting exactly?

First step, understand what Finance means in the scope of technology work.

i dont have a clue

The crisis was 07/08, but the buildup was almost a decade in the making, does that count as short term?

If you think it's easy to game 30M in short term revenue, please try to do that in a large firm.

The risk/compliance teams would be interested in your strategy.

Or, someone steals your car, commits a murder with it and places it right back at the same location in the exact condition.

The police will come after you and you will need to explain. But you still have your car.

New homeowners: Know where your GFCI reset switches are located.

I just had a fun time debugging why some of my outlets weren't working. Turns out there was a GFCI tripped in the garage, a few rooms down from the outlet.

I have never seen a GFCI reset switch in a different room from the outlet. I’m not surprised it exists, but it would make me unhappy.

I've seen builders put the all the outlets for bathrooms on one circuit with the GFCI in one bathroom - typically the master bath. In my last house the outside outlets were on the GFCI with the outlets in the garage. Anything to save a few bucks as long as code allows it.

GFCI outlets have two sets of terminals, line and load. Line is meant to take hot & neutral from the mains panel. For load, you can run wire from there to downstream regular outlets, and it will give them GFCI protection too.

This is annoying when the outlets are in different rooms and it's not clear what's connected to what, but can save money when wiring up a bunch of outlets in a kitchen, for example, since a GFCI outlet can be $20 or more, while regular outlets usually only cost a couple bucks.

In France (and apparently the rest of Europe too) our GFCIs are not located at the outlets. They are inside the electrical panels and protect a row of circuit breakers.

You can daisy-chain the rest of the outlets in a circuit off of a single GFCI. They have two sets of terminals -- one for the leg of the circuit that goes to the breaker panel and the other for attaching the rest of the circuit.

I've had the GFCI switch in the main fusebox in a couple of modern-ish apartments. That seems a perfectly sensible place for it, it's where you'd go to check whether the room breaker had tripped anyway.

That complicates things a bit in the panel because the breakers need a connection to neutral, but yeah, otherwise a slick setup.

Newer panels and breakers are plug-on-neutral, older breakers have a pigtail to the neutral bar.

My house came with an EV charger wired through a GFCI breaker. That damn thing tripped constantly because I guess it was malfunctioning? And they are quite expensive for a 50A version.

Or maybe the charger was badly wired and the breaker was preventing it burning down your house?

At a previous rental, we had an outlet in the hallway that never worked -- only upon moving out did I discover the GFCI outlet hidden in the back of a cabinet in the adjacent bathroom.

I spent a whole night worried about electric hazards when the meat smoker killed an outlet outside my basement door. My wife's aunt, an electrician, asked if we checked the GFCI. I had read about it online, but didn't find the switch near any of the outside outlets. Nor was it by any of the inside outlets on the opposite side of the wall from the outside ones. Turns out, it was in the upstairs bathroom. Because why not?

Not the person you asked but I can give you my reasons:

1. Job market being overly picky makes it hard to jump ship, especially if you're early-mid level 2. There's a general notion that "everywhere's the same deal" so people just learn to cope with it 3. "Golden handcuffs" - compensation so good you're willing to tolerate the downsides.

For not reading the sibling's response, you really nailed the reasons.

my mother always said i need to learn to just shut up

Market is WILD! I had a super good interview just 2 days ago, just to get a "sorry, maybe we'll call you later". I guess my stack is too crap. No one seems to, really, be hiring. ---- edit Also, I am making good money, and I can do my job with my hands tied behind my back...

> Also, I am making good money, and I can do my job with my hands tied behind my back...

Some unsolicited advice from the internet: take some time to learn a skill or decorate your house or something. If you have slack in your schedule and can't see a way to utilise it at work towards a promotion, then maybe investing in things outside of work might be fun?

Organizations have adopted clear Diversity, Equity, and Inclusion policies stating that you need to be a certain oppressed race and gender to get ahead regardless of other qualifications. So if you are an Asian or white male, you need not apply.

You're missing the part where 5% isn't let go at once triggering WARN.

Think of this is as a continuous process of evaluation -> pip -> fire. This means no WARN and no severance.

You're missing the part where the WARN Act doesn't require the employees to be let go all at once.

And the part where rolling layoffs at a company the size of GM will all involve multiple layoffs exceeding the WARN threshold.

And the part where no general counsel will let their company knowingly subject itself to a $500 daily fine per employee, in addition to full back pay for the mandated period.

And the part where GM satisfies its WARN obligations by paying the mandated severance (or more) in lieu of providing advance notice...which is what most companies do...

Paranoia and backstabbing happens everywhere.

What happens if stack rank->pip is too obvious is that people and teams will not cooperate with newer fresh meat. They're incentivized to keep knowledge protected for their job. New people struggle to get above the pip mark and it becomes a revolving door.