seph ir oth
Mod'n Dat News Jon
- Reaction score
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but it's more than a few grand! 
No, Varine has about $5,000 in his bank. However Varine is poor as fuck and doesn't have an issue with accepting that, and knows that even if he had several hundred thousand sitting in that account, it still wouldn't be that much. A lot to you, maybe, but not that much.
How was it at all implied I don't like money? I simply don't have much. I'm an unemployed, full time student living primarily off loans and the odd freelance work I find from time to time. If I get desperate I have programs I've developed I can sell, but I only really need about 17,000 dollars a year to live. Most of what I have above that is invested into my projects. With such a small amount, I haven't got much issue with putting it in a bank. It's unlikely that it will go away suddenly, and even if it does the bank will probably just be bought off by someone else and a different bank will inherit that debt. In the event of some kind of Enron situation, the government has to give it back because it's federally insured.
Ouch. My current income is about 10k a year and I can perfectly live off of that amount. Actually I can live off of 5k a year, 7k is "luxury life" for meBut anyway, yes. 50,000 is a lot of money. I could get a lot done if I had 50 grand at my disposal. I could complete almost all of my undegraduate studies over the next year and a half with that amount of money (as it stands it will likely be about three or four more years as I can't get that much money at once it seems. Which is a lot longer than I want to be here...).
However, we aren't talking about you or I. We are talking about banks. 50,000 dollars is a jokeable amount. That pays ONE employee a year maybe. These are massive companies, they employ thousands of people. Millions of dollars are thrown around every month on salaries alone. 50,000 is an amount they could easily just lose every year and not even notice it - just flat out fucking lose.
A software engineer costs about 100 000$ a year. For a bank, millions of $ are still peanuts. And they loose more than 50k a year. I would say 2% depreciation, but I have no clue.