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mostlysignssomeportents · 6 months ago

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How finfluencers destroyed the housing and lives of thousands of people

For the rest of May, my bestselling solarpunk utopian novel THE LOST CAUSE (2023) is available as a $2.99, DRM-free ebook!

The crash of 2008 imparted many lessons to those of us who were only dimly aware of finance, especially the problems of complexity as a way of disguising fraud and recklessness. That was really the first lesson of 2008: "financial engineering" is mostly a way of obscuring crime behind a screen of technical jargon.

This is a vital principle to keep in mind, because obscenely well-resourced "financial engineers" are on a tireless, perennial search for opportunities to disguise fraud as innovation. As Riley Quinn says, "Any time you hear 'fintech,' substitute 'unlicensed bank'":

https://pluralistic.net/2023/05/01/usury/#tech-exceptionalism

But there's another important lesson to learn from the 2008 disaster, a lesson that's as old as the South Seas Bubble: "leverage" (that is, debt) is a force multiplier for fraud. Easy credit for financial speculation turns local scams into regional crime waves; it turns regional crime into national crises; it turns national crises into destabilizing global meltdowns.

When financial speculators have easy access to credit, they "lever up" their wagers. A speculator buys your house and uses it for collateral for a loan to buy another house, then they make a bet using that house as collateral and buy a third house, and so on. This is an obviously terrible practice and lenders who extend credit on this basis end up riddling the real economy with rot – a single default in the chain can ripple up and down it and take down a whole neighborhood, town or city. Any time you see this behavior in debt markets, you should batten your hatches for the coming collapse. Unsurprisingly, this is very common in crypto speculation, where it's obscured behind the bland, unpronounceable euphemism of "re-hypothecation":

https://www.coindesk.com/consensus-magazine/2023/05/10/rehypothecation-may-be-common-in-traditional-finance-but-it-will-never-work-with-bitcoin/

Loose credit markets often originate with central banks. The dogma that holds that the only role the government has to play in tuning the economy is in setting interest rates at the Fed means the answer to a cooling economy is cranking down the prime rate, meaning that everyone earns less money on their savings and are therefore incentivized to go and risk their retirement playing at Wall Street's casino.

The "zero interest rate policy" shows what happens when this tactic is carried out for long enough. When the economy is built upon mountains of low-interest debt, when every business, every stick of physical plant, every car and every home is leveraged to the brim and cross-collateralized with one another, central bankers have to keep interest rates low. Raising them, even a little, could trigger waves of defaults and blow up the whole economy.

Holding interest rates at zero – or even flipping them to negative, so that your savings lose value every day you refuse to flush them into the finance casino – results in still more reckless betting, and that results in even more risk, which makes it even harder to put interest rates back up again.

This is a morally and economically complicated phenomenon. On the one hand, when the government provides risk-free bonds to investors (that is, when the Fed rate is over 0%), they're providing "universal basic income for people with money." If you have money, you can park it in T-Bills (Treasury bonds) and the US government will give you more money:

https://realprogressives.org/mmp-blog-34-responses/

On the other hand, while T-Bills exist and are foundational to the borrowing picture for speculators, ZIRP creates free debt for people with money – it allows for ever-greater, ever-deadlier forms of leverage, with ever-worsening consequences for turning off the tap. As 2008 forcibly reminded us, the vast mountains of complex derivatives and other forms of exotic debt only seems like an abstraction. In reality, these exotic financial instruments are directly tethered to real things in the real economy, and when the faery gold disappears, it takes down your home, your job, your community center, your schools, and your whole country's access to cancer medication:

https://www.theguardian.com/world/2012/jun/08/greek-drug-shortage-worsens

Being a billionaire automatically lowers your IQ by 30 points, as you are insulated from the consequences of your follies, lapses, prejudices and superstitions. As @[email protected] says, Elon Musk is what Howard Hughes would have turned into if he hadn't been a recluse:

https://mamot.fr/@[email protected]/112457199729198644

The same goes for financiers during periods of loose credit. Loose Fed money created an "everything bubble" that saw the prices of every asset explode, from housing to stocks, from wine to baseball cards. When every bet pays off, you win the game by betting on everything:

https://en.wikipedia.org/wiki/Everything_bubble

That meant that the ZIRPocene was an era in which ever-stupider people were given ever-larger sums of money to gamble with. This was the golden age of the "finfluencer" – a Tiktok dolt with a surefire way for you to get rich by making reckless bets that endanger the livelihoods, homes and wellbeing of your neighbors.

Finfluencers are dolts, but they're also dangerous. Writing for The American Prospect, the always-amazing Maureen Tkacik describes how a small clutch of passive-income-brainworm gurus created a financial weapon of mass destruction, buying swathes of apartment buildings and then destroying them, ruining the lives of their tenants, and their investors:

https://prospect.org/infrastructure/housing/2024-05-22-hell-underwater-landlord/

Tcacik's main characters are Matt Picheny, Brent Ritchie and Koteswar “Jay” Gajavelli, who ran a scheme to flip apartment buildings, primarily in Houston, America's fastest growing metro, which also boasts some of America's weakest protections for tenants. These finance bros worked through Gajavelli's company Applesway Investment Group, which levered up his investors' money with massive loans from Arbor Realty Trust, who also originated loans to many other speculators and flippers.

For investors, the scheme was a classic heads-I-win/tails-you-lose: Gajavelli paid himself a percentage of the price of every building he bought, a percentage of monthly rental income, and a percentage of the resale price. This is typical of the "syndicating" sector, which raised $111 billion on this basis:

https://www.wsj.com/articles/a-housing-bust-comes-for-thousands-of-small-time-investors-3934beb3

Gajavelli and co bought up whole swathes of Houston and other cities, apartment blocks both modest and luxurious, including buildings that had already been looted by previous speculators. As interest rates crept up and the payments for the adjustable-rate loans supporting these investments exploded, Gajavell's Applesway and its subsidiary LLCs started to stiff their suppliers. Garbage collection dwindled, then ceased. Water outages became common – first weekly, then daily. Community rooms and pools shuttered. Lawns grew to waist-high gardens of weeds, fouled with mounds of fossil dogshit. Crime ran rampant, including murders. Buildings filled with rats and bedbugs. Ceilings caved in. Toilets backed up. Hallways filled with raw sewage:

https://pluralistic.net/timberridge

Meanwhile, the value of these buildings was plummeting, and not just because of their terrible condition – the whole market was cooling off, in part thanks to those same interest-rate hikes. Because the loans were daisy-chained, problems with a single building threatened every building in the portfolio – and there were problems with a lot more than one building.

This ruination wasn't limited to Gajavelli's holdings. Arbor lent to multiple finfluencer grifters, providing the leverage for every Tiktok dolt to ruin a neighborhood of their choosing. Arbor's founder, the "flamboyant" Ivan Kaufman, is associated with a long list of bizarre pop-culture and financial freak incidents. These have somehow eclipsed his scandals, involving – you guessed it – buying up apartment buildings and turning them into dangerous slums. Two of his buildings in Hyattsville, MD accumulated 2,162 violations in less than three years.

Arbor graduated from owning slums to creating them, lending out money to grifters via a "crowdfunding" platform that rooked retail investors into the scam, taking advantage of Obama-era deregulation of "qualified investor" restrictions to sucker unsophisticated savers into handing over money that was funneled to dolts like Gajavelli. Arbor ran the loosest book in town, originating mortgages that wouldn't pass the (relatively lax) criteria of Fannie Mae and Freddie Mac. This created an ever-enlarging pool of apartments run by dolts, without the benefit of federal insurance. As one short-seller's report on Arbor put it, they were the origin of an epidemic of "Slumlord Millionaires":

https://viceroyresearch.org/wp-content/uploads/2023/11/Arbor-Slumlord-Millionaires-Jan-8-2023.pdf

The private equity grift is hard to understand from the outside, because it appears that a bunch of sober-sided, responsible institutions lose out big when PE firms default on their loans. But the story of the Slumlord Millionaires shows how such a scam could be durable over such long timescales: remember that the "syndicating" sector pays itself giant amounts of money whether it wins or loses. The consider that they finance this with investor capital from "crowdfunding" platforms that rope in naive investors. The owners of these crowdfunding platforms are conduits for the money to make the loans to make the bets – but it's not their money. Quite the contrary: they get a fee on every loan they originate, and a share of the interest payments, but they're not on the hook for loans that default. Heads they win, tails we lose.

In other words, these crooks are intermediaries – they're platforms. When you're on the customer side of the platform, it's easy to think that your misery benefits the sellers on the platform's other side. For example, it's easy to believe that as your Facebook feed becomes enshittified with ads, that advertisers are the beneficiaries of this enshittification.

But the reason you're seeing so many ads in your feed is that Facebook is also ripping off advertisers: charging them more, spending less to police ad-fraud, being sloppier with ad-targeting. If you're not paying for the product, you're the product. But if you are paying for the product? You're still the product:

https://pluralistic.net/2021/01/04/how-to-truth/#adfraud

In the same way: the private equity slumlord who raises your rent, loads up on junk fees, and lets your building disintegrate into a crime-riddled, sewage-tainted, rat-infested literal pile of garbage is absolutely fucking you over. But they're also fucking over their investors. They didn't buy the building with their own money, so they're not on the hook when it's condemned or when there's a forced sale. They got a share of the initial sale price, they get a percentage of your rental payments, so any upside they miss out on from a successful sale is just a little extra they're not getting. If they squeeze you hard enough, they can probably make up the difference.

The fact that this criminal playbook has wormed its way into every corner of the housing market makes it especially urgent and visible. Housing – shelter – is a human right, and no person can thrive without a stable home. The conversion of housing, from human right to speculative asset, has been a catastrophe:

https://pluralistic.net/2021/06/06/the-rents-too-damned-high/

Of course, that's not the only "asset class" that has been enshittified by private equity looters. They love any kind of business that you must patronize. Capitalists hate capitalism, so they love a captive audience, which is why PE took over your local nursing home and murdered your gran:

https://pluralistic.net/2021/02/23/acceptable-losses/#disposable-olds

Homes are the last asset of the middle class, and the grifter class know it, so they're coming for your house. Willie Sutton robbed banks because "that's where the money is" and We Buy Ugly Houses defrauds your parents out of their family home because that's where their money is:

https://pluralistic.net/2023/05/11/ugly-houses-ugly-truth/#homevestor

The plague of housing speculation isn't a US-only phenomenon. We have allies in Spain who are fighting our Wall Street landlords:

https://pluralistic.net/2021/11/24/no-puedo-pagar-no-pagara/#fuckin-aardvarks

Also in Berlin:

https://pluralistic.net/2021/08/16/die-miete-ist-zu-hoch/#assets-v-human-rights

The fight for decent housing is the fight for a decent world. That's why unions have joined the fight for better, de-financialized housing. When a union member spends two hours commuting every day from a black-mold-filled apartment that costs 50% of their paycheck, they suffer just as surely as if their boss cut their wage:

https://pluralistic.net/2023/12/13/i-want-a-roof-over-my-head/#and-bread-on-the-table

The solutions to our housing crises aren't all that complicated – they just run counter to the interests of speculators and the ruling class. Rent control, which neoliberal economists have long dismissed as an impossible, inevitable disaster, actually works very well:

https://pluralistic.net/2023/05/16/mortgages-are-rent-control/#housing-is-a-human-right-not-an-asset

As does public housing:

https://jacobin.com/2023/10/red-vienna-public-affordable-housing-homelessness-matthew-yglesias

There are ways to have a decent home and a decent life without being burdened with debt, and without being a pawn in someone else's highly leveraged casino bet.

If you'd like an essay-formatted version of this post to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:

https://pluralistic.net/2024/05/22/koteswar-jay-gajavelli/#if-you-ever-go-to-houston

Image: Boy G/Google Maps (modified) https://pluralistic.net/timberridge

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datshitrandom · 3 months ago

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maybe it's not a happy ending after all 🤖💔😔

the source of my broken heart

#this is devastating #fandom's heartache is so real rn 💔#hope they can solve the money problem and attract investors #this is d's chance to win a fkn tony #he deserves it #cmon michael arden is directing where are the investors ?!?#also the girl in charge of sm needs to do something to gain REAL traction and stop just feeding this fandom #so ticket sales can actually happen #cuz d's fandom can't do all the work #i really hope everything is resolved and this project can continue #and not just for d or his fandom #for everyone else from the cast & crew too #and most importantly for the future of new broadway musicals #random thoughts #⋯⋯⋯⋯#darren criss #maybe happy ending bway

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johaerys-writes · 4 months ago

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I fucking hate it here

#i can't even keep up with updates about the fires they're too depressing #like..... what even is there to say.#there are three major mountains in attica consisting of mostly forested land: parnitha penteli ymittos #the first was burned to a crisp a few years ago the other is burning right now #along with a massive swath of land that's also mostly green #and yes a big reason for those fires is the summer drought and the wind #but a lot of these were either deliberately started or left to burn because of incompetence and negligence #i am sick of the corruption and greed in this country #more forested land has been burned under this government than any other before it #they care for NOTHING other than destroying every bit of nature left and selling off whatever's left to “investors”#and yet in the next elections they'll prob win again #i'm so fucking sick and tired.

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katyspersonal · 1 year ago

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#personal #internets #at this rate I've unfollowed both of the kinda.. 'controvercial' blogs I've been following #since there was a good chunk of actually good takes about how bad media is now and society and braindead internet 'activists' that-#-had it too good in their western countries and NEEDED to invent the reason to bully and excile people #could honestly resonate with it despite some other posts causing genuine pain. but mostly about terribly handled media #like you know that thing when corporations do terrible ass rep to pretend that they care for minorities #or artificially fabricate online backlash against their new actors to show investors that people show interest for their product because-#-of all the clicks on their article?#like discussion of this kind sorta keeps me sober #as a person with BPD I get contaminated by opinions VERY easily and as an autist I will believe everything if it is put together 'logically #that's why I HAVE to be exposed to every possible opinion so I am forced to make out my own rather than being swayed anywhere #but at this point those blog became kinda.. bad? like they don't just have 'opinions' but they hate just to hate #but now my dashboard and recs are full of exclusively things I can fully agree with and I am scared that it will rot my brain #like.. emotions are always the same. where is the 'wait WHAT' effect? where is anger? where is self-reflection?#but ALSO I realized that 'those' blogs are no better than those western 'warriors' I despise and they become narrow-minded too in the end #they advertise themselves as 'open to debate' only to always sway debate into trying to win and not into actually discovering the truth #I cannot trust any side because they're all narrow-minded and hostile but I cannot trust people without any side because-#-they're fence-sitters without morals that side with the winner #is there a secret third thing? like is there a way to not take a side but to still HAVE ideals and opinions?#my problem is that if I am not exposed to people that trash everything I value I forget why AM I valuing [a thing] to BEGIN with #and that won't do will it

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pa-pa-plasma · 1 year ago

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hey buddy do you think the Wild West was a safe place to live or did you just not read my tags that are literally right there

No, kids should not have unsupervised acess to the internet. Yes, I got that and it was the best thing that ever happened to me. Its a paradox.

#you are pissing on the poor sir #everyone who is reading my tags & assuming i'm calling the old internet sunshine & rainbows is pissing on the poor #the POINT is that i had CONTROL over my experiences. i had my own corner of the internet that i cultivated #nowadays algorithms push it onto you & investors want the sites to make as much money as possible & advertisers want to sanitize it all #& even if you don't want to see something it usually will KEEP recommending it you. ESPECIALLY if you accidentally clicked on it once #youtube keeps recommending me far right content despite me repeatedly saying ''do not recommend'' for example #there are very few FREE PLAYGROUNDS (for all age groups) that aren't full of pay-to-win or Gambling Addiction Online #the modern internet is pushing for you to turn your brain off & it's working because soooo many of you believe that #missing the old internet is like. glorifying weird shit #when in reality it's just us saying ''i wish it was more of a buncha playgrounds instead of a shitty sidewalkless road full of billboards''#like dude yeah there were still shitheads back then. obviously there were. no one is saying there wasn't #we're saying we fucking hate capitalism you absolute buffoon

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nvstly · 6 days ago

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NVSTly Wins People's Choice Award at the Benzinga FinTech Awards 2024

We’re thrilled to announce that NVSTly has been honored with the People's Choice Award at the prestigious Benzinga FinTech Awards 2024! This recognition is a testament to the trust, support, and enthusiasm of our growing community of retail traders, investors, and financial enthusiasts.

youtube

A Milestone in Social Investing

Winning the People's Choice Award is more than just a moment of celebration for NVSTly—it reflects the incredible journey we’ve shared with our users. NVSTly was built with one mission in mind: to redefine social investing by empowering traders of all experience levels to share, track, and learn from one another.

In the competitive world of fintech, being selected as the People's Choice means we’ve created something that resonates deeply with our audience. It’s your votes, feedback, and passion that have propelled us to this achievement.

What Makes NVSTly Unique?

NVSTly stands out for offering a platform that’s entirely free while delivering a comprehensive suite of features for traders, such as:

Global Leaderboard: Recognizing top-performing traders across stocks, options, futures, forex, and cryptocurrency.

Trade Insights UI: Providing detailed analytics on trades, including market data validation and unique event visualizations.

Broker Integration (Optional): Automating trade tracking and sharing with real-time updates.

Discord Integration: A first-of-its-kind bot that brings NVSTly’s full functionality to one of the fastest-growing social platforms in finance.

Education and Community: Enabling beginners to learn from experienced traders and find actionable insights.

Unlike traditional trading platforms, NVSTly focuses solely on trade tracking, sharing, and performance validation. It’s not about buying or selling real assets but fostering transparency, collaboration, and growth among traders.

The People's Choice Award is special because it comes directly from you—our community. Whether you’re an experienced trader gaining recognition through our leaderboard or a beginner exploring NVSTly to learn from top traders, this award proves that NVSTly isn’t just a platform; it’s a movement.

Your votes affirm our commitment to delivering cutting-edge features, unmatched usability, and an ecosystem that connects traders across all markets.

Looking Ahead

Winning this award fuels our determination to push boundaries even further. In the months to come, we’re excited to roll out new features, expand our broker integrations, and enhance the tools that make NVSTly the go-to platform for retail traders worldwide.

Thank You

We couldn’t have achieved this milestone without your unwavering support. From everyone at the NVSTly team, thank you for believing in our vision and making NVSTly the People’s Choice for 2024. This award is as much yours as it is ours.

If you haven’t joined the movement yet, there’s never been a better time. Discover, share, and track trades with NVSTly today—because the best way to grow in the markets is together.

Join NVSTly:

Website: nvstly.com

Mobile App: Available on Google Play and App Store

Discord Community: Join Now

Let’s continue shaping the future of social investing, one trade at a time.

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newtiative · 1 month ago

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Bruce lee - Learn to way to win | @newtiative

#motivation #entrepreneur #inspiration #learnfromfounders #Innovation #Future #money #investing #Startup #growth #hardwork #quotes #Brucelee

Learn from Bruce lee. Invest wisely. Achieve financial freedom.

Follow for expert analysis, inspiring stories, and actionable tips.

#motivational #entrepreneur #personal finance #win #invest #investors

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itsnothingbutluck · 7 months ago

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William Green is the author of Richer, Wiser, Happier: How the World's Greatest Investors Win in Markets and Life. Over the last 25 years, he’s spent hundreds of hours interviewing many legendary investors, exploring the question of what insights, principles, traits, and habits enable them to achieve spectacular wealth and enduring success. In this talk, he shares some of the most valuable lessons he’s learned from the best investors -- lessons that can help us not only to become richer, but to think better and build lives that are abundant in the ways that matter most.

As a journalist, William has written for many leading publications, including The New Yorker, Time, Fortune, Forbes, Barron’s, Money, Worth, Bloomberg Markets, and The Economist. He has reported in places as diverse as China, India, Japan, the Philippines, Bangladesh, Saudi Arabia, South Africa, Mexico, England, France, Monaco, Poland, Russia, and Italy. He has interviewed presidents and prime ministers, prize-winning authors, inventors, criminals, the CEOs of some of the world’s largest companies, and countless billionaires.

#How the Greatest Investors Win in Markets and Life | William Green | TEDxBerkshires #Youtube

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toddbarrowcountry · 10 months ago

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View this post on Instagram

A post shared by Raquel Mind (@raquelmind)

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kenzie-ann27 · 2 years ago

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guys this page is just on the amazon page for the first season's book, like

in hindsight, I should've posted the entire page since "I am cool. I'm fucking cool." followed up by "He's your boy huh?" is also pretty funny

stewart hosseini gives WHAT

#diversity win! the private equity investor who got kendall roy addicted to cocaine gives shitty blowjobs!#narrator voice: but he wasn't cool #kendall eyes stewy is also pretty great #anyway #succession #glad people are happy to see this though

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hello-sweetheart · 2 months ago

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Dog Groomer Eddie

Eddie who faces the facts that he needs a skill besides music to make money because he loves the band, loves playing, but man the pay is shit. And he’s a dog person, never been able to have a dog and his apartment doesn’t allow pets either so he tries his hand at dog grooming.

He’s actually like, really good at it. Works at a groomers for a couple of years, wins contest that rewards him with some cash and the notoriety needed to find an investor and start his own dog salon.

Fast forward, Steve is visits a dog groomer that was recommended to him by a friend called Metalhead Groomers. The place has metal playing from the speakers which is a weird choice, but it sticks true to the name. The guy at the front has the name tag ‘Jeff’ who has piercing and tattoos, large guy, very intimidating.

But the place looks clean, it has 5 stars, and when Jeff checks in Antoinette he’s actually super nice, like a gentle giant. So Steve’s like, “I don’t particularly care for a cut, you can do whatever.”

“Do you want the full package? It includes a bath, full hygiene routine, dye job, and a specialized cut.”

And steve does not process the ‘dye’ part and agrees.

So see, Eddie, and by extension Metalhead Groomers, is known for their really eccentric and creative work. It’s how Eddie won his first contest after all. And the best worst thing you can give an artist is full reign. But free rein of a standard poodle?? A dog groomers dream come true.

When Steve goes to pick up Antoinette, Eddie hands her over and…

Her ears are curled and dyed in pastel colors with bows and sparkles. Stands of hair above her eyes are streaked pink and look as if they’re some type of falsie lash. Her legs and tail have been dyed a pastel blue ombré. The rest of her body shaved down except for some plush detailed work of large light pink hearts on her sides and a detailed bow on her lower back . Her tail is fluffed and cut into the shape of a heart.

“What the fuck did you do??”

“Dude, you asked for the full package and said ‘do whatever you want’ so… tada! I took some inspiration from her name, but this is kinda mild compared to my other work tbh.”

It takes Eddie explaining that that it’s pet safe dye, she wasn’t hurt, and actually enjoyed all the attention she received for Steve to calm down.

Fast forward a week and Steve comes back into the shop to apologize for blowing up on Eddie. Turns out Antoinette (Nettie for short) is a service dog and her look actually helps people be more aware of her. Steve also feels safer that she’s more identified cuz apparently there’s actually people that steal service animals?? Eddie was not aware of that. Plus, Steve works with young kids and they love Nettie’s look, it makes them more comfortable and engage more.

#steddie #bee speaks #steve harrington #eddie munson #artist eddie munson #dog groomer Eddie #Metalhead Groomers #steddie headcanon #steddie ficlet #steddie prompt #disabled steve harrington #service dog #Steve harrington has a service dog #nettie service dog au

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probablyasocialecologist · 1 year ago

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Watch out for a wave of Zionist disinformation and propaganda:

A billionaire real estate tycoon in the United States is rallying support for a high-dollar media crusade to boost Israel’s image and demonise the Hamas armed group amid global pro-Palestinian solidarity protests. The media campaign — called Facts for Peace — is seeking million-dollar donations from dozens of the world’s biggest names in media, finance and technology, according to an email seen by news website Semafor. More than 50 individuals are being courted, including former Google CEO Eric Schmidt, Dell CEO Michael Dell and financier Michael Milken. They have a combined net worth of around $500bn, Semafor said. Some of the individuals, such as investor Bill Ackman, have publicly threatened to blacklist pro-Palestine students who are critical of Israel. On October 10, Ackman wrote on X, formerly Twitter, that he and other business executives wanted Ivy League universities to disclose the names of students who are part of organisations that signed open letters criticising Israeli policies in Gaza.

[...]

Facts For Peace, the media campaign launched by Sternlicht, aims to win back public favour for Israel, posting videos on its social media pages blaming Hamas for the plight of Palestinians and denying claims of Israeli rights violations. The most recent video posted on its Facebook page argues that “Israel is not an apartheid state”. This contradicts findings from Palestinian, Israeli and international rights experts, including from the United Nations, that Israel is practising apartheid through its “deeply discriminatory dual legal and political system” in the occupied territories.

#israel #palestine #gaza #propaganda #hasbara

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sayruq · 1 year ago

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I want everyone to understand that even if Israel wins this (I mean it won't but just imagine), it won't recover from this. It won't recover from getting caught off guard on Oct 7th. The government and the IDF spent days unable to have a strategic response to the Palestinian fighters while their own soldiers deserted and their allies openly questioned the wisdom of a ground invasion in Gaza. That's why they're bombing Gaza, it is the only way to project strength to the world but it is also alienating billions of people. The world has never been more pro Palestine than this moment in time.

Just like how America being forced to flee Afghanistan led to a series of Ls globally, Israel struggling against Hamas, PFLP, Islamic Jihad, and other groups will have disastrous effects locally and internationally. I mean, the political class is already falling apart with Netanyahu blaming government officials for this disaster. The Israeli government have no unity or cohesion which is not a great sign to put it lightly. War usually binds people, even rival political groups, and especially allies. America has been hinting that it doesn't approve of some of actions taken by Israel. It could be just Biden and his people trying to softly distance him from the genocide in Gaza but you also have former and current military leaders disapproving of Israel's military strategy.

The thing is you don't see Iran openly questioning the Palestinians. You don't see Hezbollah running to the press to let them know they think Hamas' strategy is weak. Every single Palestinian militia group, including the ones in the West Bank, are working together. Iran, Hezbollah and the Palestinians are all coordinating. In the past week, they would attack Israeli settlements and military bases and American bases in Iraq and Syria at the same time. They've even managed to get new support from the Yemeni Ansar Allah group.

Israel's main export is security- meaning weapons manufacturing and training. How many countries will rush to have their police or soldiers train with the IDF after witnessing them fold while in battle (in the latest ground incursion, the IDF lasted only 15 minutes inside Gaza according to Al Jazeera)? How many countries will line up to buy Israeli tanks after seeing them get taken out easily by guerilla fighters? How many countries and individual investors will want to invest in Israel when it can't go 5 years without a war or genocide?

I believe with all my heart we will soon see a liberated Palestine.

#palestine #free palestine #free gaza #gaza #colonialism

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woso-dreamzzz · 1 month ago

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Icy III

Mapi León x Ingrid Engen x Teen!Reader

Summary: He watches your match

He sits up in the box with Laporta, stretched out on the foldout chair like it's his personal throne.

He's wearing a new suit, freshly ironed and tailored to fit his body perfectly. His hair has been cut and styled to give that almost effortless look about him.

"Trust fund, I reckon," Patri says from your warm up circle," That guy that's up there with Laporta."

"No way," Pina disagrees," That's new money, not old. Probably a hedge fun manager."

"Or some kind of oil and gas giant," Mapi laughs.

"None," You say," Real estate at first then tech and then big pharma over in the states."

"What made you guess that?" Mapi asks and you stubbornly kick the ball away.

"I didn't. Laporta's not going to get money out of him anyway. The wife is the one that invests in sports but only ones she gets good profits out of. Two NFL teams, a Formula One team. She owns a tennis stadium in Paris. Big investor in the Olympics."

"Oh come on," Patri complains," There's no way you just know that off the top of your head."

"It doesn't matter. If Laporta wants money he should talk to the wife."

You can feel his gaze on you throughout the match.

It's a team at the bottom of the table and you're so technical that they can't get close but you can still feel the weight of his stare on you at all times.

'You carry the weight of our family'.

He's told you that many times.

'If you cannot exceed expectations then we have no use for you'.

He's told you that too, something you remember as you cross the ball into Pina, who taps it in easily.

You celebrate together, hugging and you feel Ingrid's familiar presence behind you as she gives you her customary kiss on the head.

You look up at him in the crowd, just out of reflex but you can't see much.

He's still splayed out like he's a king on a throne, looking down at you like you're a peasant in the street, fighting with someone else for just a scrap of bread.

That's his idea of entertainment, like holding up a magnifying glass towards an ant hill in the middle of a sunny day.

You feel small under his gaze, dipping your head in submission as you walk back into your position.

You assist in the next three goals.

Alexia.

Aitana.

Even Keira.

You're good at that. You've perfected the art of assisting.

Mapi's even joked before that you're going for the record of assists from one person this season.

Alexia says she's going to make you be more selfish and shoot more but you don't think you really need to do that, not when Caro can do it instead of you.

This is one of the rare matches where Caro's being rotated so gets no minutes. You fill her place though, like you always do, setting up goals and carrying the ball down the wing.

Barcelona win, of course, and you drift back to Ingrid and Mapi like you normally do.

Mapi grins at you, arm thrown over your shoulder and a frown on her face as you go rigid under her.

Laporta is on the pitch with him, stuttering over his words and hurrying to keep up.

He stops in front of you.

"Y/n."

Your head drops automatically, thoroughly chastised as you step out from under Mapi's arms.

His hand clamps down on your shoulder and you can tell how this is going to go before he even opens his mouth.

"Of course we're very proud of her," His honeyed tone tells Laporta," We've wanted nothing but the best for her."

For them, you correct in your head.

"She's always had such a passion for football. We love watching her play."

He's never seen you play in his life.

"We-We're very happy to have her here!" Laporta tells him," She's a real talent. You're produced quite the footballer."

He laughs, waving away the compliments as his hand feels like a shackle around you. "You're too kind. Sports has never quite been my thing. I'll have to talk to the wife about what we were talking about, I'm sure you'll understand."

"Of course! Of course! Take all the time you need!"

He will. You know he will.

He'll discuss with her and they'll write up a contract if it's really something they're interested, about what they pay in and what they get out of it.

She's always been better at the sports side of it, despite her background in real estate. She knows how to talk people around in circles. How to get through the little boy's club that every sport has. She'll get what she wants if Barcelona is even something she's interested in.

You hope it isn't.

"I'll leave you alone with your daughter," Laporta says and you want to call after him.

You want to tell him not to leave with your father.

Barcelona was supposed to be yours. You were supposed to be safe here.

You can't control when they summon you in Norway but if you're in Barcelona, they're not supposed to be able to get to you. You're not meant to be subject to their whims in Barcelona.

You want to go home. You want to go home with Mapi and Ingrid and curl up in your bed with Toast and not move for a week.

His casual hand on your shoulder grows heavy in an instant, nails digging in to your skin through your shirt and you have to keep the smile on your face to keep up appearances for the cameras you know are on you.

His lips graze your ear as he whispers to you," If you ever blindside me like this again then I promise you won't like what happens next."

"Sorry, Father," You say back.

"You better be. I didn't like sitting up there with potential business partners to see my own daughter down there like a football hooligan."

"Sorry."

"I'm better than that and I raised you to be better than that too."

You resist the urge to tell him that he didn't raise you at all.

Your wrist twinges, the phantom injury flaring up like it always did when you're nervous.

You throat bobs, already closing up as you fight back tears.

"I'm sorry."

"Apologies mean nothing." His voice is harsh in your ear and you find a point ahead of you to stare at so you don't cry.

If there's something that he hates more than apologies, it's tears so you stubbornly don't let even one fall.

"Who's this, y/n?" Ingrid asks, clearing her throat and you flick your eyes to her.

"My-"

Your father says his name, sticking his hand out and he's back to playing the role of proud father. "And you are?"

"Ingrid Engen. I play with y/n on the Norwegian team too."

"Ah! Yes. I think she's mentioned you before!" He's lying.

He didn't even know you played on the national team.

"And I'm Mapi. She lives with me and Ingrid."

"I can't thank you enough," Your father says," She can be quite a handful sometimes." He laughs but no one laughs with him.

"I think she's delightful," Ingrid says," Very helpful. Very studious. She's the best in her class."

The smile on his face is real now, like it always is when he hears about your academics.

He started in real estate and then moved to investing in technology and pharmaceuticals. He and your mother are scarily intelligent and it might be the only thing they passed onto you.

"We expect nothing less of her," He says," I'm sure everyone at the party will be glad to hear it."

Your breath stutters in your chest. "The party?"

"Yes! The party! I must have forgotten to tell you! We're having a little get together with a few potential business partners. We'll have to get you a dress."

"I don't need to go."

"Don't be silly!" His hand tightens on your shoulder and you know that this isn't a discussion. "There's some people I should introduce you too."

Your head drops again, the fight leaving your body.

"Do you want us to go?" Ingrid asks, ever polite though you feel like without her and Mapi there you won't survive. "So you two can have dinner?"

Your father is laughing again, finally releasing you and you take several quick steps to duck behind Mapi.

"I've got a flight to catch. Meetings to get to. Far more important things."

He can't see you anymore, not with your head bowed and pressed against Mapi's back and you finally let the tears fall.

Ingrid watches your father leave, down the tunnel and escorted to the player's exit by the staff that seem to be falling over themselves to make him happy.

"Y/n," She says, coaxing you out from your hiding spot," Oh, sweetheart...Are you okay?"

You look at her, bottom lip trembling as the tears run down your cheeks.

"Ingrid," You say, sounding small and wounded like an animal," I want to go home."

Ingrid nods as Mapi tucks you under her arm.

"Let's go home."

#woso x reader #mapi leon x reader #mapi leon #ingrid engen x reader #ingrid engen #woso community #woso imagine #woso fanfics #woso

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