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When Taylor Swift released nine vinyl editions of her album “Folklore” in 2020, Tylor Hammers, a fan in Florida, took notice. “I get enjoyment out of being a completionist,” Hammers, 24, said in a recent interview. He’s not the only one. K-pop acts like BTS pioneered this strategy by putting out an array of elaborate CD packages, often featuring goodies like postcards and photo booklets, which helped the boy band repeatedly go to No. But nobody does it quite like Swift, or at least at the same scale.
Persons: Taylor Swift, Midnights, , He’s, Swift Organizations: Tylor Hammers, ” Hammers Locations: Florida, United States
Investor Vinod Khosla and Palantir advisor Jacob Helberg penned an open letter Thursday calling on Senators to pass a bill that would force the divestiture of Bytedance-owned TikTok in the U.S. Describing the social media platform as "a weapon of war," Helberg and Khosla compared the bill to decades-old restrictions on foreign ownership of U.S. media outlets. Some critics have compared the ban to a bill of attainder, given that it singles out one company. The company mobilized its user base in opposition of the House bill, urging its millions of users to call their congressional representatives and voice their opposition. TikTok CEO Shou Zi Chew has also been lobbying D.C. lawmakers against a ban, meeting with Sen. John Fetterman, D-Pa., in March.
Persons: Vinod Khosla, Jacob Helberg, Khosla, Helberg, Shou Zi Chew, Sen, John Fetterman Organizations: CNBC, House, Khosla Ventures, Sun Microsystems, U.S . Department of Defense, Valley, TikTok Locations: North Korea, Iran, U.S, Hill
Read previewEmma Stone became a two-time Oscar winner on Sunday night and accepted her trophy while struggling through a wardrobe malfunction. The 96th Academy Awards took place at the Dolby Theatre at Ovation Hollywood Sunday, hosted by Jimmy Kimmel. At the show, Stone was a big winner, taking home the award for best actress for her performance as Bella Baxter in Yorgos Lanthimos' film "Poor Things." Emma Stone as Bella Baxter in "Poor Things." "And Yorgos, thank you for the gift of a lifetime in Bella Baxter.
Persons: , Emma Stone, Jimmy Kimmel, Stone, Bella Baxter, Yorgos Lanthimos, Louis Vuitton, Ken, Ryan Gosling's, Annette Bening, Lily Gladstone, Sandra Hüller, Carey Mulligan, Maestro, Lanthimos, I'm, Dave McCary, Taylor Organizations: Service, Dolby Theatre, Ovation Hollywood, Business, Searchlight Locations: La
Pascal Le Segretain/Getty ImagesEqually at Rabanne, tartan blazers were given a grungier edge with leather-trimmed sleeves and fasteners. The rise of ‘Les People’Traditionally, showing interest in celebrities (“Les people” in Parisian slang) was a big no-no amongst the proudly snobby French fashion press. For busy women, multitasking women, women who can. Pascal Le Segretain/Getty ImagesStockman-style coats in colored, patent and soft leather were everywhere at Chloé, as were thigh-high boots and wafting, chiffon dresses. Pascal Le Segretain/Getty ImagesTraditional preppy skirt suits were given an edge with "Miss Dior" emblazoned in a graffiti style scrawling.
Persons: Saint Laurent, , Wim Wenders, , ” Balmain’s, Ester Manas, Nina Ricci, Kate Moss, Denise Ohnona, Serre, Arnel Dela, Alessandro Vigilante, , Coco, Kroes, Pascal Le Segretain, Chemena, Sienna Miller, Gaby Aghion, preppy Kristin Scott Thomas, Miu Miu, Farida Khelfa, Carine, Julia Roitfeld, Victoria Beckham, Anna, Pat Cleveland, Jerry Hall, Georgia Jagger, Kiernan Shipka, Georgia May Jagger, Julien de Rosa, ’ ’, Charles de Vilmorin, Aldama, Loewe, Dior ” —, Jackie O, Salma Hayek, Kim Kardashian, Naomi Campbell, Penelope Cruz, Hari Nef, Emily Ratajkowski, Victor Aubry, Sipa, JM Haedrich, Alexandre Maras, Louise Trotter, Sophie Abriat, Valentino, Givenchy, Laurent, Demna, BFRND, scupltor, Jaanisoo, Rémy Brière, Nicolas Di Felice, Louis Sullivan, Justin Shin, McQueen, Seán, Ib Kamara’s, Nicolas Ghesquière, Louis Vuitton, Stockman, Jonas Gustavsson, Coco Chanel, Casey Cadwallader's, Albert York, Dior, Victor Virgile, Kristin Scott Thomas, Miu, Olivier Rousteing, Ik Aldama, Chloe —, Miller's, Arnold Jerocki, Filippo Fior, Gonzalo Fuentes, Thierry Chesnot, Ester Manas's Organizations: CNN, Paris, Paris CNN —, Eiffel, Saint Laurent Museum, Chloé, Victoria, Getty, Loewe, Dior, Monde, Saint Laurent, The Washington Post Locations: Paris, Trocadero, British, Deauville, Normandy, Mugler, Chloé, Georgia, AFP, Balenciaga, Chanel, Estonian, Courrèges, Dior
THE HOUSE OF HIDDEN MEANINGS: A Memoir, by RuPaulAs “The House of Hidden Meanings” is RuPaul’s fourth book and his first straightforward memoir, it’s understandably being marketed as an opportunity to see the pop culture icon in a new light. The striking, almost intimidating, black-and-white cover photograph notably subverts the expectation of seeing Ru in glamorous technicolor drag. All the artifice has been stripped away, we’re being told: This is RuPaul stripped bare. But the meanings laid bare in the text contradict RuPaul’s narration again and again. What’s revealed is a striver high on his own supply who tries to spin his story as empathetic wisdom draped in Instagram-ready captions.
Persons: RuPaul, it’s, we’re, What’s, RuPaul —, wearily, Locations: United States, San Diego
7 Kaleidoscopic Cookies to Keep Your Holidays Bright
  + stars: | 2023-12-01 | by ( ) www.nytimes.com   time to read: +10 min
If you make it a little bit too loose, you can always add a little bit more confectioner sugar in. It’ll fully dry after like six hours, but it’ll start to get a little bit crusty and a little bit thick. The most important thing to do and I know it feels like you don’t have to, I thought I didn’t have to when I first started working with royal icing, but it’s resting the royal icing. You’re going to decorate your cookies, and they’re going to look amazing. And then 30 minutes later, they’re going to bubble up on top of the cookies, and you don’t want that.
Persons: Samantha Seneviratne, I’m, you’re, it’s, I’ll, , It’s, Aw, Organizations: The New York Times, New York Times Locations: The
What happened next was a state Supreme Court election in Pennsylvania unlike any other. Such high-stakes, high-spending partisan campaigns could become standard for judicial elections in Pennsylvania, a premier presidential battleground state where the state Supreme Court has issued pivotal decisions on major election-related cases in recent years. Democrats had held a 5-2 majority on Pennsylvania's Supreme Court before Chief Justice Max Baer died last year. Democrats and their allies learned a hard lesson in Pennsylvania's 2021 race for Supreme Court, when Republicans outspent Democrats by more than $1 million. Based on reports filed thus far to the state, McCaffery and Democratic allies spent more than $13 million, compared to more than $8 million by Carluccio and her allies.
Persons: Dan McCaffery, Carolyn Carluccio, Donald Trump, that’s, , Shanin Specter, ” McCaffery, Roe, Wade, Max Baer, Republican Kevin Brobson, Carluccio, Jeffrey Yass —, ” Specter, Eric Stern, Matthew Brouillette, ” Brouillette, , ” Kadida Kenner, McCaffery, ” Kenner, Marc Levy Organizations: Republican, Association, U.S, Democratic, Pennsylvania's, Supreme, Republicans outspent, Democratic Party, Democrats, New Pennsylvania Locations: HARRISBURG, Pa, Pennsylvania, Philadelphia, U.S ., Wisconsin, Allegheny County
Unintentionally scary movies
  + stars: | 2023-10-30 | by ( Dan Heching | ) edition.cnn.com   time to read: 1 min
“Sleeping Beauty” (1959) - Shots from this Disney classic keep popping up in my X feed, as every now and again Film Twitter likes to declare it the most beautiful hand-drawn animation from the House of Mouse. The algorithm clearly has no regard for how triggering this is for me. But it was the silky, sinister voice work by Eleanor Audley that lived in my head rent free and gave me nightmares for years. When boyhood crush Angelina Jolie took on the role in the 2014 live action movie, that was a confusing time for me. — Tom Page Courtesy Everett Collection
Persons: Twitter, Maleficent, Aurora, Eleanor Audley, Angelina Jolie, — Tom Page
“Five Nights at Freddy’s” wants to do for animatronic arcade characters what “It” did for clowns. Fleshing that out, the movie begins by quickly indicating why Freddy’s might need a new employee, and why Mike desperately needs a new job. "Five Nights at Freddy's" turns the game into a horror movie. Even so, the net result is another slice of horror that at best feels a little half-baked. “Five Nights at Freddy’s” premieres October 27 in US theaters and on Peacock.
Persons: , Scott Cawthon, Emma Tammi, Seth Cuddeback, ” Josh Hutcherson, Chuck, Mike, Piper Rubio, he’s, Patti Perret, Jim Henson’s, tickle, Hutcherson, Rubio, Elizabeth Lail Organizations: Universal Pictures Locations: Peacock
NEW YORK (AP) — While not one of the major food groups, a bagel and a schmear made of felt might satisfy your appetite for art. Cream cheese, butter, cold cuts, lox — anything that fits on the circular bread is fair game, Sparrow felt. “You are absolutely forcing people to interact with the art that you’re not usually supposed to do in the art galleries," Sparrow said. And while this isn’t her biggest installation, Sparrow admits “Feltz Bagels” presented some challenges. And, of course, the staple of any authentic New York bagel shop: the black and white cookie.
Persons: Feltz, Lucy Sparrow, Sparrow, Lucy’s, , , “ It’s Organizations: Eastern, Swiss Army Locations: British, New York's, New York, East, bodega, , York
PARIS (AP) — Planted in a field, Vincent van Gogh painted furiously, bending the thick oils, riotous yellows and sumptuous blues to his will. And it had a doctor who specialized in depression, Paul Gachet, who took Van Gogh on as a patient. The exhibit includes 11 paintings that Van Gogh painted on unusual elongated canvases, experimenting to stunning effect. Another version of the exhibition, with 10 of the elongated canvases, was first shown at Amsterdam’s Van Gogh Museum earlier this year. “It’s a real fireworks show.”"Van Gogh in Auvers-sur-Oise: The Final Months" runs at the Musée d'Orsay through Feb. 4, 2024.
Persons: , Vincent van Gogh, Van Gogh, Van Gogh's, Paul Cézanne, Camille Pissarro, Paul Gachet, ” Emmanuel Coquery, “ He’d, ” Coquery, , Jimi Hendrix, Sylvia Plath, Jean, Michel Basquiat, Gogh's, Coquery, , Musée d'Orsay Organizations: PARIS, Orsay Locations: Wheatfield, Paris, French, Auvers, Oise, Van, Amsterdam, Dutch, York, Musée
Social media was having a field day turning Burning Man into the epicenter of schadenfreude and misinformation, the few people who managed to connect to the internet reported. AdvertisementAdvertisementThe reality of Burning Man was not quite so dire. 2023 was my first year at Burning Man. I'd wanted to go to Burning Man for years. Even before the floods, there was an uncomfortable tension to Burning Man.
Persons: Joy, I'd, JULIE JAMMOT, Betty, preemptively, There's, they'd, Twitter, Zeynep Tufekci, Tufekci, I've, Ansel, we'd, Rob Price Organizations: FEMA, National Guard, Social, Getty, New York Times, Rock City, YouTube Locations: Nevada, San Francisco, Silicon, playa, AFP, Somme, Northern Nevada, Rock, American, Ansel Adams, Trail
Since the November night in 1963 when the Cinerama Dome opened its doors with the premiere of “It’s a Mad Mad Mad Mad World” — drawing Milton Berle, Buddy Hackett and Ethel Merman to the sidewalks of Sunset Boulevard in Hollywood — the theater, and the multiplex that later rose around it, has been a home for people who liked to watch movies and people who liked to make movies. Its distinctive geodesic dome, memorialized by Quentin Tarantino in the 2019 film “Once Upon a Time … in Hollywood,” has become more retro than futuristic over the years, a reminder of a Technicolor past. Yet through it all, the complex known as the ArcLight Hollywood remained a cinephile favorite, with no commercials, no latecomers admitted and ushers who would, after introducing the upcoming show, promise to stay behind to make sure the sound and picture were “up to ArcLight standards.”But today the ArcLight Hollywood is closed, both a victim of the coronavirus pandemic and a symbol of a movie industry in turmoil, even in its own backyard. “There was nothing like the ArcLight — I was really surprised they closed,” said Amy Aquino, an actor who played Lt. Grace Billets in the television show “Bosch” and who had been drawn by the theater’s serious approach to moviegoing since seeing “Sideways” there in 2004.
Persons: , Milton Berle, Buddy Hackett, Ethel Merman, Quentin Tarantino, , latecomers, Amy Aquino, Grace, “ Bosch ” Organizations: Hollywood Locations: Sunset, Hollywood
Corbis/Getty ImagesScholar Teresia Teaiwa famously critiqued the bikini as instrumental to depoliticizing and concealing the effects of nuclear weapons in the Pacific. Britain and France would later begin their own nuclear weapons programs on Indigenous lands and waters in Australia and French Occupied Polynesia, among others. The US began detonating nuclear bombs at the Nevada Test Site in 1951, garnering nearby Las Vegas the nickname Atomic City. Atomic playboys have aestheticized nuclear weapons as sexy — but still safe — since their very existence. Nolan prolongs the time between the flash and the blast, allowing Oppenheimer’s words to hang in unnerving suspension.
Persons: Rebecca H, Hogue, Barbie ”, “ Oppenheimer, “ Barbie ”, Barbenheimer, Hogue Rebecca H, Baker, ” Rita Hayworth, Gilda, Hayworth, — Jacques Heim’s, Louis Réard, Corbis, Teresia Teaiwa, Lee A, Merlin, SpongeBob, Bert, Turtle, Walt, William Blandy, , Christopher Nolan’s “ Oppenheimer, Cillian Murphy, Nolan, Oppie, Ernest Lawrence, Josh Hartnett, Jean Tatlock, Florence Pugh, Kitty Oppenheimer, Emily Blunt, Tatlock, Oppenheimer, J, Robert Oppenheimer, Christopher Nolan's, Melinda Sue Gordon, Nolan prolongs, “ Gilda, , Nolan bifurcates “ Oppenheimer ”, ” “ Oppenheimer, Barbie, Margot Robbie, , Ken, Ryan Gosling, , Barbie’s, Mike ”, Edward Teller, “ It’s, Teller, “ Oppenheimer ” Organizations: Dartmouth College’s Society of Fellows, Mahindra Humanities Center, Harvard University, CNN, Warner Brothers Discovery, Universal, Trinity, Crossroads, Getty, Atomic Energy Commission, US, Las, Atomic, National Atomic Testing, Los, Communist Party, American, Twitter Locations: Pacific, Oceania, New Mexico, Hiroshima, Nagasaki, Marshall Islands, Kiribati, Northern Paiute, Western, Nevada, Amchitka , Alaska, Bikini Atoll, Britain, France, Australia, French, Las Vegas, Las, Playthings, Los Alamos, Japan, American, iconicity, Alamos
'Barbie' and 'Oppenheimer' are both about death
  + stars: | 2023-07-26 | by ( Maiya Focht | ) www.businessinsider.com   time to read: +5 min
In their shared opening weekend, "Barbie" and' "Oppenheimer" have been breaking box office records. In box office-shattering numbers, people flocked to the theaters for the premieres of Christopher Nolan's "Oppenheimer" and Greta Gerwig's "Barbie". Life in plastic, not so fantasticIn what is now a viral meme, Barbie begins having incessant thoughts of death early on in the film, mid-dance sequence. 'Death, the destroyer of worlds'Cillian Murphy as J. Robert Oppenheimer in "Oppenheimer." Universal PicturesIt's easier to understand what "Oppenheimer" has to do with death.
Persons: Barbie, Oppenheimer, Christopher Nolan's, Greta Gerwig's, pinker, Mari Faines, Robert Oppenheimer, we're, Ruth Handler, Murphy, J, Albert Einstein, Einstein, Daniel Uhlfelder, you've, — we've, Faines, We're Organizations: Service, Global, Manhattan Project, Pictures Locations: Wall, Silicon, Florida, Russia
Yet “Welfare,” which shared the opening honors in Avignon with a dance production, Bintou Dembélé’s “G.R.O.O.V.E.,” looks as absurd onstage as it is affecting on-screen. It’s as if the sitcom “That 70s Show” had opted to tackle welfare benefits, complete with well-cut, visibly new costumes. The stories told in Wiseman’s film are loosely reorganized here into a day in the life of a welfare center, as case workers deal with one exasperated claimant after the next. There are comedic moments in the film, but in Deliquet’s stage version, they start to feel involuntarily farcical. The energetic delivery of the cast may be because they need to project in the cavernous space, which holds around 2,000 spectators.
Persons: , Frederick Wiseman, Wiseman, Denis, Deliquet Locations: New York, Saint, France, Avignon
Isla del Rey, Menorca CNN —On the tiny Menorcan island of Isla del Rey, Christina Quarles is sitting under a canopy of olive trees. “Coming in on a boat is like a moment of meditation to prepare yourself to see art,” she added. Christina Quarles' show 'Come In From An Endless Place,' is on at the Hauser & Wirth gallery on the Spanish island of Menorca until October 29, 2023. The new Menorca Hauser & Wirth gallery was once a dilapidated 18th century naval hospital. I’ve found it to be a very beautiful parallel.”“With Christina, it’s difficult to separate the artist from the work,” said Bardaouil.
Persons: Menorca, Isla del Rey, Christina Quarles, Hauser & Wirth Menorca, “ It’s, , Quarles, Piet Oudolf, Damian Griffiths, Wirth, , ” Quarles, givens, , Menorca Hauser, Wirth “ She’s, Sam Bardaouil, Bardaouil, Quarles ’, Mar Rescalvo Pons, Fredrik Nilsen, Wirth Quarles ’, I’ve, there’s, Christina, it’s Organizations: del, Menorca CNN, Hauser &, Hauser, Wirth, , Venice Biennale, Sotheby’s, CNN, Hamburger Bahnhof, Hauser & Wirth Locations: Isla del, Los Angeles, Swiss, London, New York, Hong Kong, Menorca, Chicago, Venice, York, Berlin, gesturally
Mary-Kate Olsen makes rare appearance in colorful outfit
  + stars: | 2023-06-22 | by ( Leah Dolan | ) edition.cnn.com   time to read: +3 min
CNN —The sartorial journey of Mary-Kate and Ashley Olsen remains a source of endless public curiosity. These days, the twins’ wardrobe is more subtle — though no less influential. She was spotted in New York this week wearing a technicolor ensemble. Ashley and Mary-Kate Olsen at the CFDA Fashion Awards in 2019. “Black is lazy and easy — but mysterious.” There is plenty of mystery surrounding the notoriously private Olsen twins.
Persons: Mary, Kate, Ashley Olsen, Felipe Ramales, , Zooey Deschanel, Ashley, Kate Olsen, Dimitrios Kambouris, Yohij Yamamoto, Olsen, Kendall Jenner, Zoe Kravitz, fawning Organizations: CNN, Paris Locations: New York, It’s
These Fish Tacos Couldn’t Be More Brilliant
  + stars: | 2023-06-21 | by ( Eric Kim | ) www.nytimes.com   time to read: +2 min
And in Herrera’s recipe, it will occupy most of your time, but the return on investment couldn’t be higher. The resulting mixture gives a warmth and complexity — a “Hmm, what is that?” — to an otherwise breezy al pastor. When he first opened Ensenada, Herrera used pale out-of-season tomatoes that diluted the bright coastal flavors he wanted to showcase in these fish tacos. But it’s not just the pineapple that makes this fish al pastor — it’s the char. Al pastor, “in the style of a shepherd,” is a method of barbecuing meat on a rotating vertical spit that Lebanese immigrants brought to Mexico in the late 19th century.
Persons: Herrera, Cosme, pescado, , gallo, chiles, Adobo, it’s Organizations: Alto Locations: Caracas, Venezuela, Manhattan, Ensenada, Mexico
Pink Floyd, ‘The Wizard of Oz’ and Me
  + stars: | 2023-06-21 | by ( Charlie Savage | ) www.nytimes.com   time to read: +19 min
Muted tk tkLike other band members have done consistently over the years, Waters denied that Pink Floyd intentionally structured its 1973 album to align with the 1939 film. Before my article, “The Dark Side of the Rainbow” was just a word-of-mouth thing on an early internet message board. I mostly listened to alternative rock in those days, but Pink Floyd’s Usenet group had a hold on me. I shared that page on the Usenet group and added it to a Pink Floyd “Web ring” — a system in which people with related pages linked to one another. The article page was logging hundreds, then thousands, and eventually tens of thousands of visitors.
Persons: Floyd, , Oz ’, , Roger Waters, Joe Rogan, Waters, Noam Chomsky, Rogan, Pink Floyd —, Oz, Dorothy, Clare Torry’s, , Pink Floyd, Alan Parsons, Willie Nelson, ” Waters, ” Rogan, “ I’ve, it’s, I’m, floyd, Kurt Cobain, Toto, Marvel, grooving, Dave Gilmour, Pink, Kurt Loder, Oz ”, “ Akira ” —, Dorothy tiptoeing, perversely Organizations: The, Gazette, New York Times, Hoosier, MGM, Miss, Journal Gazette, Columbia Records, Dave Gilmour & Co, MTV, New York Daily News, The Washington Post, The Baltimore Sun, YouTube Locations: Austin , Texas, Louisiana, Fort Wayne, Ind, Indianapolis, Los Angeles, Indiana, Boston, York
Peter Sohn never wanted to be a director, but after a 23-year career at Pixar, he's at the helm of his second feature — and it's his most personal work yet. Sohn went on to graduate from CalArts and worked at Disney and Warner Bros. before landing a job at Pixar. The two types of people in a workplaceThe biggest key to his success in building a long-lasting career at Pixar is learning "how to present yourself in a collaborative setting," Sohn says. "So much of the job in animation is about working with a lot of people, because this stuff is painstaking." Throughout his career, he's come to realize there are two types of people in a workplace: Ladder-climbers, who view projects as ways to get ahead in their own careers, and knife-sharpeners, or people who are critical and honest to help sharpen each other's talent to get better.
Persons: Peter Sohn, he's, Sohn, Wade, Ember, " Sohn, doesn't Organizations: Pixar, technicolor, CNBC, CalArts, Disney, Warner Bros Locations: Korea, New York City, Bronx
In 2018, the artist Richard Mosse was understandably weary. That project led to another video and photographic series focusing on the European refugee crisis unfolding around the Mediterranean. “I was exhausted,” Mosse said recently, as he recounted the events that led to his latest film installation, “Broken Spectre,” filmed in the Amazon rainforest from 2018 to 2021. This project essentially began with portraits of orchids.”Mosse booked himself into a remote ecolodge in the Ecuadorean cloud forest, and began photographing plants, lichens, mycelium and insects with a macro lens. He found that many organisms phosphoresce under ultraviolet light, so he created dramatic Technicolor images of the teeming biodiversity on the forest floor.
Persons: Richard Mosse, , ” Mosse, , I’d Organizations: Democratic, U.S . Army Locations: Irish, York, Democratic Republic of Congo, Iraq
“A thousand people, in a room, quiet, sometimes the quietest room I’ve ever been in, and we have a real experience with each other, audience and performers. It’s magic. There’s nothing like it.” — Arian Moayed“My grandmother took me, when I was 7, to go see a production of ‘Joseph and the Amazing Technicolor Dreamcoat’ in Sacramento. I was a little bit of a troubled kid, so she was trying to find an outlet for me. And then the play started, and there was a little girl onstage narrating, and it was just this aha moment of like, ‘Oh, this is what I am.’” — Jessica Chastain
Persons: , , ‘ Joseph, Jessica Chastain Locations: Sacramento
The rainbow sea slug is beautiful, vibrant, and an extremely rare find. The rainbow sea slug — scientific name Babakina anadoni — was found by rock pool enthusiast Vicky Barlow last weekend. Rainbow sea slugs are on the moveDiscovering the sea slug so far north is probably a testament to climate change. Rainbow sea slugs have been cited farther north than usual likely due to climate change. One video shared by the Rock Pool Project shows the rainbow slug in action, moving slowly along a rock surface.
And, as it's global liquidity that matters, the bowl is also kept brimming as the Bank of Japan continues to buy government bonds at pace. But a study looking at the U.S. banking shock that led to the failure of Silicon Valley Bank and Signature Bank last month and deposit runs across many regional banks suggests a different angle - a 'deposit glut' from within the richest countries that is increasingly unstable. "In a context of rising wealth inequality and growing corporate savings, an increasing share of bank deposits is uninsured and held by sophisticated agents," Vuillemey wrote. "This implies that these deposits are increasingly fragile, and that deposit insurance schemes ... are slowly losing bite." As illustrated in Technicolor in the SVB run, big uninsured deposits are volatile - sensitive as they are to any hint on the bank's health and moveable at push of a button.
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