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got any sevens posted:wow is dieing Don't mind me just founding my new airline *Big rear end plane rolls by painted pink with the words gently caress SNEEP written on the side*
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Mar 28, 2019 19:49
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Food $200 Fuel $150 Plane Upkeep $800 Mauve paint $3,600 Utility $150 someone who is good at the economy please help me budget this. my airline is dying
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Mar 28, 2019 20:40
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Jist got two push notifications that the CEO of Wells Fargo is out and the #2 at Morgan Stanley is out. Seems normal.
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Mar 28, 2019 21:32
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got any sevens posted:wow is dieing the battle for altitude expansion is selling pretty poorly
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Mar 28, 2019 21:33
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found this while searching for the Morgan Stanley news https://www.marketwatch.com/story/former-morgan-stanley-asia-chairman-be-prepared-to-dump-stocks-very-quickly-2019-03-28 quote:Former Morgan Stanley Asia chairman: Be prepared to dump stocks ‘very quickly’
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Mar 28, 2019 21:38
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Kobayashi posted:Jist got two push notifications that the CEO of Wells Fargo is out and the #2 at Morgan Stanley is out. Seems normal. WF CEO Sloan is retiring (at a very opportune time  ) but I can't find anything about the Morgan Stanley #2 being outhttps://www.cnbc.com/2019/03/28/wells-fargo-ceo-tim-sloan-retiring.html
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Mar 28, 2019 21:40
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https://twitter.com/skabooshka/status/1111038922912493568 twitter suspended an account critical of tesla after they posted a spreadsheet of tesla-related deaths (the account has since been reinstated)
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Mar 28, 2019 21:40
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Ruzihm posted:https://twitter.com/skabooshka/status/1111038922912493568 oh god someone get on the phone with Nader.
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Mar 28, 2019 21:48
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NADER 2020 BABY
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Mar 28, 2019 21:54
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SKULL.GIF posted:WF CEO Sloan is retiring (at a very opportune time https://www.ft.com/content/61774a86-5197-11e9-9c76-bf4a0ce37d49 Morgan Stanley’s number two executive to step down Colm Kelleher will finish up in June and become senior adviser to the bank
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Mar 28, 2019 21:57
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Looks like Lyft is IPOing https://techcrunch.com/2019/03/28/lyft-prices-ipo-at-top-of-range/
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Mar 28, 2019 22:31
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Tunicate posted:NADER 2020 BABY Perot / Zombie LaRouche 2020 
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Mar 28, 2019 22:37
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mila kunis posted:Looks like Lyft is IPOing gotta suck that wealth up before it dries up adn then dump the toxic dessicated corpse of a failed asset onto pension and retirement funds 
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Mar 28, 2019 22:56
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Xaris posted:gotta suck that wealth up before it dries up adn then dump the toxic dessicated corpse of a failed asset onto pension and retirement funds Here's hoping they don't allow for that to happen.
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Mar 28, 2019 22:59
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mila kunis posted:Looks like Lyft is IPOing didn't someone just post a couple days ago that they bled 900 million dollars on 1.2 billion invested this year? lol
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Mar 28, 2019 23:00
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Judakel posted:Here's hoping they don't allow for that to happen. the only reason people don't notice is because we're in NUMBERS GO UP phase still, so it looks like they're still carrying along just fine, but once poo poo starts receeding, oh boy! can't wait for everyones retirement, especially many public pension funds, to go tits up with cries over lack of funds and then cuts and all that good stuff.
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Mar 28, 2019 23:01
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quote:Of those 55 and older, 48 percent had nothing put away in a 401(k)-style defined contribution plan or an individual retirement account, according to a GAO estimate for 2016 that was released Tuesday.
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Mar 29, 2019 00:01
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Mar 29, 2019 04:04
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I'm not at all convinced that the economy is in anyway tethered to reality and that traditional indicators still function as indicators.
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Mar 29, 2019 05:16
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Gareth Gobulcoque posted:I'm not at all convinced that the economy is in anyway tethered to reality and that traditional indicators still function as indicators. you're right its one of those things where the economy is often a self-fulfilling prophecy if you say things are bad then things will get bad, so why would anyone ever say its bad? instead just relentless act as though things are great until they drag you from your burning home and guillotine you in the street. your last words will be, "what's the big deal? everything's going great!"
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Mar 29, 2019 05:18
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Baby boomers are hosed after all?
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Mar 29, 2019 05:30
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RaySmuckles posted:you're right I saw a talk from Yanis Varoufakis where he said about the same thing: if the weatherman says it's going to rain tomorrow, whether they're right or wrong, informed or uninformed, has no bearing on the actual outcome of the weather, but if an economist says we're heading for a recession tomorrow, simply saying that we will is going to influence the behavior of the economy, because the economy is run by people, and they can and will react to what the economist said
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Mar 29, 2019 05:34
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Gareth Gobulcoque posted:I'm not at all convinced that the economy is in anyway tethered to reality and that traditional indicators still function as indicators. the economy has never been about reality, it's the story the rich tell the poor to solidify their position as the oppressors.
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Mar 29, 2019 05:40
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Why have treasury yields trended downward since the early 80s? I'm not asking about why the 1-year bonds are now yielding more than the 10-year bonds. I understand that part. Is it just that other investments, such as stocks, are increasingly sucking up all the money from investors who are willing to take on risk?
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Mar 29, 2019 06:28
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Radirot posted:Baby boomers are hosed after all? the post you quoted should have been evidence enough that thinking in such crude generational terms is dumb. but, since you still made that post, i'll spell it out for you: generational analysis, simpliciter, is hokum. some baby boomers are doing extremely well, many are not; the same can be said about the members of every other age group. whether one is hosed or not isn't, primarily, a function of their generation, however that's defined.
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Mar 29, 2019 06:35
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Finicums Wake posted:the post you quoted should have been evidence enough that thinking in such crude generational terms is dumb. but, since you still made that post, i'll spell it out for you: generational analysis, simpliciter, is hokum. but pitting groups against each other is just so convenient
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Mar 29, 2019 06:46
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redleader posted:but pitting groups against each other is just so convenient this, unironically, when the groups are workers and capitalists
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Mar 29, 2019 06:51
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Boomers own 80% of the wealth in the US and the effects of how that's transferred when they die are going to be something.
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Mar 29, 2019 06:58
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Knight posted:Boomers own 80% of the wealth in the US and the effects of how that's transferred when they die are going to be something. I bet a lot of it is going to be sucked up into nursing homes. or it’s tied up in the house that won’t sell for as much as they thought bc it’s a 3000ft mansion in the middle of nowhere or climate change wrecked it or it’s in stocks that have collapsed so many way the boomer legacy can be destroyed for their children (unless they are rich)
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Mar 29, 2019 08:19
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Knight posted:Boomers own 80% of the wealth in the US and the effects of how that's transferred when they die are going to be something. it's extremely unevenly distributed, was my point edit: also it's insane, to me, that the estate tax doesn't ramp up to 100%. this is a good thing to bring up any time a conservative tells you they support EqUaLiTy Of OpPoRtUnItY Finicums Wake fucked around with this message at 08:22 on Mar 29, 2019 |
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Mar 29, 2019 08:20
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Knight posted:Boomers own 80% of the wealth in the US and the effects of how that's transferred when they die are going to be something. this is why we need private health insurance, to absorb all their resources before it can pass to their lovely kids
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Mar 29, 2019 08:32
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Yoshi Wins posted:Why have treasury yields trended downward since the early 80s? Financialization means more and more money looking for investments, and more demand means prices go up. Since bonds are sold as "pay X now for $1000 (or however much) later," X going up means the yield goes down.
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Mar 29, 2019 10:47
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Lokar posted:I bet a lot of it is going to be sucked up into nursing homes. 
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Mar 29, 2019 10:53
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millennial strategy: collectively buy nursing home REITs and then shove the old folks into a home
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Mar 29, 2019 10:55
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well, what's the alternative? there are so many boomers, they've gotta go somewhere. do you want them farting up all the restaurants everywhere? because that's the alternative y'all. there are only two choices.
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Mar 29, 2019 10:56
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https://www.bbc.co.uk/news/business-47745431 lol, why would anyone buy a Boeing plane ever again, they’re gonna cost Tui €300 million it’s also probably a reflection of how high level science & engineering is becoming infected by the political corruption of the US government, giving the big companies an easy ride when they should actually regulating them properly
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Mar 29, 2019 13:10
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Aren't those the planes that don't work unless you buy the DLC?
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Mar 29, 2019 13:12
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You just get a jpg of the plane.
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Mar 29, 2019 13:29
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Xaris posted:my man, this is how the stock market works. look at CalPers, poo poo is just a dumping grounds for failing and questional assets to ensure the uber-rich can extract all da profits quickly and early with insider trading circle jerks and everything. it's a feature, not a bug. lol, retirement
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Mar 29, 2019 13:31
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The best part of the Boeing thing is that this happening because an insider was put in charge of the regulating agency is legitimately something that would've happened no matter who won between Trump and Clinton
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Mar 29, 2019 13:31
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