Because we are talking about it and raising awareness of it, we are slowly changing industry practices. You are benefiting from changes adopted due to what happened to previous victims. The change is far from complete.
From a personal example, about ten years ago, my tax return was rejected by the IRS. It turned out someone stole my identity which had been leaked/ breached multiple times. At that time it was trivial to file the paperwork and get the tax return sent to someone else.
The last notable event in American history when the meaning of words lost any semblance to reality was just before the Civil War. We are living in a post words world where words have no meaning.
The intersection of a war, a reliable mail service, and generational literacy promoted by protestant faiths. Every tom dick and harry started writing letters.
The story argues that traders fear the good jobs number will translate into the Fed raising interest rates. The overall mood is that traders are getting scared and this story has sparked a sell off.
The person interviewed recommended not to strike the bear with the pole. Instead he recommended using the pole to scare the bear — keeping it at arms length. Realistically a bear encounter is likely to result in injury. The pole is an attempt to minimize the injuries sustained. It is basically a walking stick with a U shaped end to fend off the bear’s paws.
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