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got any sevens posted:time to invest in public transportahahahaha finally an infrastructure week i can look forward to 
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Mar 20, 2019 19:03
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Warmachine posted:Hot take: Trump is a Manchurian Leftist and his insane protectionism schemes are simply meant to accelerate the collapse of capitalism. Because that's the only thing this could accomplish: pricing foreign cars out of the market, creating massive demand for domestic cars while the materials needed for those cars are priced to oblivion by exporting nations in retaliation, and existing infrastructure is insufficient to meet demand anyway. Heartwarming to see leftists coming out in favour of liberalized trade now.
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Mar 20, 2019 19:03
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Fed day. They are now projecting for NO rate hikes for 2019 and only 1 for 2020. Because they project lower gdp. lol Stocks off like a rocket. Inflate that bubble babay!
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Mar 20, 2019 19:05
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Zero rate hikes for 2019, only one rate hike for 2020 lmao Powell you loving cuckold, enslaved by the Number and Trump
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Mar 20, 2019 19:06
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It's absolutely amazing that the Fed is voluntarily handicapping itself as we approach a recession within the next two years They'll have zero ways to deal with a recession without taking drastic approaches
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Mar 20, 2019 19:07
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no inflation no inflation you're the inflation (Ignores astronomic increases to rent, real estate, and medical bills)
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Mar 20, 2019 19:07
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The stock market has become "too big to fail". Over the last 10 years there has been an incredible increase in corporate credit and stock buy backs, meaning that any stock market down turn will be accelerated by compounding losses in earnings, as a measure of EPS (earnings per share) and credit defaults. The Federal Reserve is fully aware and knows that a significant drop in the stock market would be catastrophic to the country and the economy. And remember, this is all during a period of record low interest rates across the world. So the monetary tools available to central banks are now limited solely to Quantitative Easing (direct buying of debt or even equities). Going forward, any hint of weakness in the equity markets will be met with larger and larger "whatever it takes" injections by the Federal Reserve to rescue equities. This is the hill they have chosen to die on. Grab your popcorn.
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Mar 20, 2019 19:09
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Fed is just going to buy stocks. Basically we're going to be like china and prop up the stock market (more than we already do)
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Mar 20, 2019 19:12
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succ posted:The stock market has become "too big to fail". Over the last 10 years there has been an incredible increase in corporate credit and stock buy backs, meaning that any stock market down turn will be accelerated by compounding losses in earnings, as a measure of EPS (earnings per share) and credit defaults. The Federal Reserve is fully aware and knows that a significant drop in the stock market would be catastrophic to the country and the economy. And remember, this is all during a period of record low interest rates across the world. So the monetary tools available to central banks are now limited solely to Quantitative Easing (direct buying of debt or even equities). can't wait for this time next year when over half the Dem field is talking about how critical it is we spend a couple more trillion buying bad debt and non-voting shares to keep financial vulture firms afloat, instead of just letting them tank but killing the social security income cap so that retirement doesn't depend on tithing to a casino anymore
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Mar 20, 2019 19:20
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https://twitter.com/atrupar/status/1108460379854856195
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Mar 20, 2019 21:09
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SKULL.GIF posted:It's absolutely amazing that the Fed is voluntarily handicapping itself as we approach a recession within the next two years Good.
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Mar 20, 2019 21:21
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Squalid posted:The right wing wants us to believe that everything we have can be had only at the expensive of others. They believe we necessarily exist in a state of conflict, man against man, nation against nation. It's a nihilistic world view and I won't have anything to do with it. But this is kind of true in the sense that the rich can't exist as they currently do. It can simultaneously be true that there's enough resources for everyone to be provided for and live enjoyable lives, and that there's not enough resources for this to be the case while hyper-rich people exist. It's not a zero-sum game, but there are still limitations. And that's not even getting into the basic justice/fairness questions surrounding the existence of wealthy people. Even if it might be possible for wealthy people to exist while still providing for the well-being of everyone, that doesn't make it good. The admittedly unrealistic perfectly ideal outcome would be a 100% fair society where everything is equally distributed, because ultimately there's no way to really isolate "true merit" (which is hard to define in the first place) from luck in terms of both circumstances and ability. This obviously isn't possible, because necessary jobs vary in terms of how desirable they are and likely for other reasons, but it's the goal we should aim for. And I imagine that it should at least be possible to create a world where the equivalent of current millionaires exist. edit: And if you're talking about relations between countries, you can obviously create an analogy between a country like the US disproportionately hoarding wealth/resources and rich individuals doing so. Ytlaya fucked around with this message at 21:42 on Mar 20, 2019 |
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Mar 20, 2019 21:39
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hes right lol
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Mar 21, 2019 00:20
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Everything is fine people..... https://www.cnbc.com/2019/03/20/worried-about-the-global-economy-so-are-top-executives.html All good.... https://www.cbsnews.com/news/fedex-stock-price-down-a-yellow-flag-on-global-economy/ Really, we're great... No way this comes back on us.... https://www.washingtontimes.com/news/2019/mar/19/trump-trade-war-slows-china-economy-growth/ Crowsbeak fucked around with this message at 00:48 on Mar 21, 2019 |
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Mar 21, 2019 00:34
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were all gonna die lmao
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Mar 21, 2019 01:49
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Epic High Five posted:can't wait for this time next year when over half the Dem field is talking about how critical it is we spend a couple more trillion buying bad debt and non-voting shares to keep financial vulture firms afloat, instead of just letting them tank but killing the social security income cap so that retirement doesn't depend on tithing to a casino anymore
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Mar 21, 2019 02:10
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God, I really hope these hicks get absolutely destroyed. I want them hungry, broke, and withered.
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Mar 21, 2019 02:27
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succ posted:The stock market has become "too big to fail". Over the last 10 years there has been an incredible increase in corporate credit and stock buy backs, meaning that any stock market down turn will be accelerated by compounding losses in earnings, as a measure of EPS (earnings per share) and credit defaults. The Federal Reserve is fully aware and knows that a significant drop in the stock market would be catastrophic to the country and the economy. And remember, this is all during a period of record low interest rates across the world. So the monetary tools available to central banks are now limited solely to Quantitative Easing (direct buying of debt or even equities). This seems even more unsustainable than capitalism's usual "infinite growth forever" stuff.
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Mar 21, 2019 02:39
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KiteAuraan posted:This seems even more unsustainable than capitalism's usual "infinite growth forever" stuff. It's the interesting thing about our current predicament. Normally capital invests heavily in one region, which then grows explosively, but that isn't sustainable. So when the growth starts to slow down there, they financialize, turning their capital from productive-but-stationary means of production into unproductive-but-portable liquid assets. This lets them move to a new area and start over, and it's this cycle that drives the system to expand geographically as well as grow in intensity within a region. But with neoliberalism, there's no new place to go! The old colonies are integrated, the old communist regimes have fallen or capitulated, so they're financializing without a goal in mind. Every firm is cannibalizing itself to make their earnings goals. What new industries are springing up are forming around turning discretionary purchases into subscriptions at best, or forcible extraction of wealth and labor at worst. Every scrap of wealth in the world is being pulled together into a giant ball to throw at the next big opportunity, but there's just nothing coming. The way this worked before is, when there's no place left to develop, undevelop the hell out of a place you already were: great power warfare. Get paid to build weapons to destroy a country, and then get paid to rebuild it. But now we have loving nukes, so going that route just wipes us out. So they wait to pounce on disasters like cyclones and earthquakes, but that's not predictable and not frequent enough to keep the whole system going. Basically either the system completely digests itself and we're reduced to living in literal ruins so a few people can have big numbers in their bank accounts, or we scrap the growth model and design our economy around something more sane, like oh I don't know, actual human needs or something.
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Mar 21, 2019 03:03
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https://twitter.com/SenJohnMcCain/status/654714209360437249
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Mar 21, 2019 03:14
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I gotta say, doomsday pickings have been kinda slim the last three months. the economic ones anyway; the climate ones are less funny
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Mar 21, 2019 04:04
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Goon Danton posted:It's the interesting thing about our current predicament. Normally capital invests heavily in one region, which then grows explosively, but that isn't sustainable. So when the growth starts to slow down there, they financialize, turning their capital from productive-but-stationary means of production into unproductive-but-portable liquid assets. This lets them move to a new area and start over, and it's this cycle that drives the system to expand geographically as well as grow in intensity within a region. i think there's still fair returns to be had by for eg. looting places like india or finding cheap labor in vietnam or africa now that china's too expensive or scrapping chinese SOEs and stuff. there's a reason they're trying to bust open china all of a sudden now, but that's going to be hard as you said since nukes i reckon they can still try and squeeze blood from a stone by indebting and getting rents from enserfed first world populations for a while yet
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Mar 21, 2019 04:21
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Goon Danton posted:So they wait to pounce on disasters like cyclones and earthquakes, but that's not predictable and not frequent enough to keep the whole system going. for now ...
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Mar 21, 2019 04:58
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Ytlaya posted:edit: And if you're talking about relations between countries, you can obviously create an analogy between a country like the US disproportionately hoarding wealth/resources and rich individuals doing so. What is the conclusion that you think follows from this analogy though? If you believe the existence of wealthy nations is unjust and ungood, or that a just distribution of resources cannot be achieved while hyper-rich nations like the United States exist, what policy do you believe is necessary to rectify this circumstance? If it is true that the global poor can only achieve an enjoyable life at the expense of Americans, that South Asians can only achieve freedom from hunger and want by taking wealth from the United States and Western Europe, I fear you will have a hard time convincing anyone in the wealthy countries that assisting in this project is a good idea. If instead it is true that Americans are only made better off when the Chinese are better educated, have reliable healthcare, eat well, and work in productive industry, then the rational for helping them achieve these things is much more appealing. Instantaneously, there are trade-offs of course. For example, imagine the USA engaged in a WWII style mobilization but instead of waging war the nation devoted itself to alleviating the poverty of the worst off 1 billion people in the world. Consider the effect on our society and the world, if for five years every factory in the USA ceased producing cars, or juiceros, or yachts or private jets. If for five years we diverted all the lumber, copper, cement, and steel now used to build housing and office space in North America to Africa and India and Central America. Imagine if all the waiters and busboys in America spent five years driving caterpillars building roads in Ukraine, while the liberal arts majors took six months in an intensive Amharic immersion class before deploying to Ethiopia to teach French literature and political economy to university students in Addis Ababa who can only afford school thanks to scholarships funded by US banks. All this funded by a massive increase in government debt as the government absorbs all the national savings and consumption grinds to a minimum. The result of such a mobilization would be obvious: US birth rates would plummet, as mobilized citizens would defer starting families. Average age of vehicles on US roads would increase as older models could not be replaced, while breakdowns in machinery and infrastructure would gradually increase due to deferred maintenance. If workers are deployed overseas there may not be an immediate housing shortage, but as at the end of WWII, when the mobilization ended housing prices would sky rocket and shortages of new housing would become a huge problem. It would raise a lot of question: if Americans need new housing and cars and juiceros now, why weren't we building them for ourselves instead of providing them for people in other nations? Whether or not you think devoting the nation to such an effort is just, its probably not politically realistic. Even now, when the average Chinese lives on approximately $17,000 a year, you can tell by listening the the national mood that Americans are covetous of what little they have, and obsess over how to deprive them of gaining any more than what they have today. What is just for the United States to do in this case hardly matters if realistically, it is impossible. Anyway, this is a lot of words so I'll sum up by saying I don't give a poo poo when the Chinese or anyone else steal US intellectual property even if it is at the expense of the US economy. I've probably earned back more than it's cost myself anyway by buying knock-off Nike's.
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Mar 21, 2019 05:58
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edit: double post. the forum's breaking down w/ lowtax's spine
Squalid fucked around with this message at 06:15 on Mar 21, 2019 |
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Mar 21, 2019 06:06
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Holmes made those old white men who invested really horny didn't she. thats how the scam worked for so long
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Mar 21, 2019 09:32
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 bloodthirsters Egg Moron fucked around with this message at 10:21 on Mar 21, 2019 |
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Mar 21, 2019 10:18
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i don't think we have to devote ourselves to materially lifting up other nations at the start. we just need to stop loving with them. but even that would massively destabilize the american economy because we so thoroughly depend on empire, even though most people don't think about it that way
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Mar 21, 2019 13:01
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Jose posted:Holmes made those old white men who invested really horny didn't she. thats how the scam worked for so long thats her secret: old white men are always horny
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Mar 21, 2019 16:36
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Did Trump leak some bullshit trade deal rumors again? I have no idea why the market is jumping up so high today and haven't had a chance to leaf through the various market pages.
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Mar 21, 2019 17:03
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Jose posted:Holmes made those old white men who invested really horny didn't she. thats how the scam worked for so long (Weirdly deep unsettling voice) Yes.
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Mar 21, 2019 17:03
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Brony Car posted:Did Trump leak some bullshit trade deal rumors again? I have no idea why the market is jumping up so high today and haven't had a chance to leaf through the various market pages. apple numbers go up op.
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Mar 21, 2019 17:04
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Brony Car posted:Did Trump leak some bullshit trade deal rumors again? I have no idea why the market is jumping up so high today and haven't had a chance to leaf through the various market pages. Fed has fully capitulated and now all the big players know that nothing they do will result in any negative consequences falling upon themselves, nobody is going to investigate them, nobody is going to punish them, and the only tools left to the government to prevent economic hyper death is to once again print trillions of dollars to just straight up give to them
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Mar 21, 2019 17:04
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Agean90 posted:apple numbers go up op. Ah. The Subscription Business Model will save us all! I can't wait to have to subscribe to air, water and civil rights.
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Mar 21, 2019 17:05
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Epic High Five posted:Fed has fully capitulated and now all the big players know that nothing they do will result in any negative consequences falling upon themselves, nobody is going to investigate them, nobody is going to punish them, and the only tools left to the government to prevent economic hyper death is to once again print trillions of dollars to just straight up give to them The Virgin Jerome Powell is such a cuck. I miss the Chad Janet Yellen.
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Mar 21, 2019 17:06
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Brony Car posted:I can't wait to have to subscribe to air, water and civil rights. buddy you can already get Rights as a Service
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Mar 21, 2019 17:11
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THE BIG DOG DADDY posted:buddy you can already get Rights as a Service If I click on this link, will my Youtube feed get really weird again? I feel like I just purged whatever activity kept pushing Prager U ads on me.
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Mar 21, 2019 17:16
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Brony Car posted:If I click on this link, will my Youtube feed get really weird again? I feel like I just purged whatever activity kept pushing Prager U ads on me. right click, open incognito
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Mar 21, 2019 17:24
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or just delete it from your watched history afterward
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Mar 21, 2019 17:26
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| # ? Jun 18, 2024 22:40 |
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Brony Car posted:If I click on this link, will my Youtube feed get really weird again? I feel like I just purged whatever activity kept pushing Prager U ads on me. it's subscription insurance for gun owners that pays their legal fees if they shoot someone in self defense*** ***many exclusions apply
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Mar 21, 2019 17:27
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