Yes, what fucking banking crisis?

https://www.axios.com/2023/10/14/global-banking-boom-crisis-svb 

Gotta love that tagline -> 'quiet global banking boom' 

The world's banks earned $1.3 trillion in 2022, in "the best period for global banking overall since at least 2007," per a new report from McKinsey. The estimate for 2023 profits, at $1.4 trillion, is even higher.

Why it matters: The past two years' headlines have been filled with bad news for banks. But the industry as a whole looks astonishingly healthy. Which, if nothing else, is a good reminder to always look past the headlines.

Driving the news: This year has seen the biggest bank failures since the financial crisis. Silicon Valley Bank was felled by higher interest rates; First Republic and Credit Suisse soon followed.

• Other banks are also hurting. Bank of America is sitting on paper losses of more than $100 billion after buying low-yielding bonds it now can't afford to sell. Citigroup is trying to cut its way to growth, with no visible success to date. Goldman Sachs has given up on its core strategy of leaning into being a bank. Charge-offs across the board are rising.
• The Chinese financial sector is looking particularly fragile.

The other side: If you're the kind of person who pays attention to quarterly earnings reports, you would know that JPMorgan on Friday reported that third-quarter revenue was up 21% and income was up 35%, thanks in part to its acquisition of First Republic.

• Wells Fargo's revenue and income were up 20% and 57%, respectively. Even Citigroup had a pretty healthy third quarter.

A conference I would like to someday attend - Dilemmas of Humanity.

https://dilemmasofhumanity.org/3rd-international-conference

New term of the day - 'atrocity propaganda'.

Context here -

It's a little late, but posting it anyways.

Summer Sunset in Loomis Lake State Park, Washington State.

The war crimes of Israel.

https://consortiumnews.com/2023/10/10/a-massive-war-crime/

“Starving 2 million people who cannot move and are under a land siege and naval blockade is genocide,” Pakistani writer Fatima Bhutto wrote on social media. “This is a war crime.”

 

Indigenous Peoples' Day.

As written by a (presumably) white female America. Note the word 'celebrated' below -

How is Indigenous Peoples' Day celebrated?

Indigenous Peoples' Day is more a day of recognition and mourning than of outright celebration. Great ways to commemorate Indigenous Peoples' Day are to educate yourself and others on indigenous and Native American culture, and their contributions and history.

You can also contribute to charities and causes that support indigenous people. Good options include:

• American Indian College Fund provides scholarships for Native American students.
• American Indian Policy Center provides government leaders and policymakers with accurate legal and historical information.
• American Indigenous Business Leaders support the education and development of indigenous-owned businesses.
• Association of American Indian Affairs provides aid in drafting integral legislation for indigenous people, including the Native American Graves Protection and Repatriation Act, and the Tribal Governmental Tax Status Act and the Indian Child Welfare Act.
• First Nations Development Institute supports economic development and education for Native communities.
• Native American Heritage Association provides financial aid to those in need living on reservations in South Dakota.
• Native American Rights Fund fights to preserve Native American rights and tribal resources.
• National Indian Child Care Association provides tribal child care and early childhood programs.
• Partnership With Native Americans aids those living in poverty on reservations.
• Women Empowering Women for Indigenous Nations provides networking, professional and career opportunities for Native American women.

Still the above listing of the groups is a good starting point.

Of course in the late-stage of late-stage capitalism, there's never any responsibility taken for the crimes committed, no accountability for the lives destroyed, and no justice for the victims, survivors, and descendants. Just lots of talk and proclamations.

I would say for those who sincerely want to learn more - best to start in the area you live in now.

There are also outlets online to learn from as well, like Native News Online.

 

Well there weren't many, but we did see some salmon.