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lmao we live in hellworld
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Dec 28, 2019 15:16
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Jose posted:Death to boomers generational war now Yeah I'm usually sympathetic to people that argue that the problem is rich vs poor rather than a generational conflict, but it's hard to square that with so many examples of boomers pulling the ladder up behind them at each step of their lives.
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Dec 28, 2019 23:01
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Centrist Committee posted:Their parents had the GI bill and then they had the interstate highway system, cheap gas, and decades of government policy to get people to buy houses, at least for white people. Now there’s crumbling infrastructure, soaring energy costs coupled with environmental collapse, and a handful of gig economy apps from the private sector. It’s bad for white people now too. Yeah the difference is that the current generation is much less invested in the current societal structure as they don't have a material stake in it like the boomers had. The danger is more that both the left and the far right are calling out the system's failures, but disagree on the cause. And unfortunately saying "it's because of brown people" is easier than explaining the structural reasons for the coming catastrophe.
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Dec 29, 2019 10:59
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redleader posted:destroy capitalism imo Install a ticker in Times Square that has a number on it, and an app that has a cookie clicker style game to make the number on the ticker go up.
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Jan 20, 2020 13:06
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MiddleOne posted:It's the prospective value of rent/accomodation that creates the valuation, not actual rent or accommodation. So you can just hold the asset empty indefinitely and turn it into a glorified bank vault with interest being a factor of housing shortage and/or housing bubbles. There's almost no densely populated city in the entirety of the western economy where this isn't happening presently. In Australia it's even more hilarious as any loss made on a property investment can be used to offset the tax you owe from your main income, so having a property be vacant can in some cases be much better for the investor financially than having it rented. Also when the property is sold it counts as a capital gain and so any profit from the increase in property value when sold is taxed at about half the rate of the top tax bracket, so you get a nice bonus at the end of your investment in addition to the tax break. It's such a sweet deal that until recently a good chunk of mortgages on investment properties were "interest only", i.e. you never paid a dime towards the actual mortgage amount and just paid the interest on the loan each month, and you still made out like a bandit assuming the property price rose at our above the inflation rate. Successive governments or opposition parties have tried to reform it for years and get howled down because so many people have structured their finances around these loopholes. Yes we have one of the most expensive housing markets in the world, why do you ask?
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Jan 20, 2020 20:00
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A few years back I was catching up with a friend who lives in London and works in finance, and said something along the lines of technical analysis being largely horseshit, and whatever remaining value it had is a condemnation of how removed from reality that the financial system is that you can make money based off spotting a "double horseshoe inverse" or whatever before other people turns out he teaches a class on the topic
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Feb 28, 2020 14:31
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mila kunis posted:they need to cut rates, do more QE and institute a government backed stock buying program so it can be un-corrected. do it for Number Apropos of nothing, it's a bit weird that the current system is structured such that we can pay a living wage to people working now, or maintain the number such that pensioners don't end up eating cat food, but not both.
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Feb 28, 2020 14:35
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Farm Frenzy posted:its hosed up taht thats probably not even in the top five most evil things zuckerberg is resonsible for A bunch of government agencies literally can't access some major news websites because autoplay and associated ad scripts crash their older versions of windows explorer. CNN's is by far the worst but it's a problem across the board.
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Feb 28, 2020 14:41
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Like, it's kinda condemning that there's less intrusive ads on porn streaming websites than any US news outlet.
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Feb 28, 2020 14:42
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mila kunis posted:yeah but the government easily has the money to give them a real pension and scrap the system based on gambling while enforcing a living wage. sounds like socialism to me
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Feb 28, 2020 14:57
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amaru_chulla posted:Learn agriculture, animal husbandry, and infantry tactics Learn how to make alcohol, it's an incredibly valuable commodity in an actual collapse.
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Feb 28, 2020 17:52
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Dog Toothbrush posted:I was at Costco yesterday and literally got like six handles of rum because I thought about This War of Mine There was a book written like ten years ago called "reinventing collapse" that was doomsday prepper-adjacent, but was written by a guy that lived through the collapse of the Soviet Union. A point that stuck with me was that someone making homemade grappa or vodka could survive comfortably throughout the crisis solely on the output of his backyard still. Turns out a good portion of the populace will be unable to deal with the reality of the situation and will drink themselves to oblivion.
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Feb 28, 2020 18:04
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Gringostar posted:it's more about how to survive effectively with a minimal amount of material goods Nah society doesn't go away in a severe crisis, it just reorganises on a very local scale. Get yourself a hobby that's also a useful trade in your community and make lots of friends, you'll be (relatively) fine.
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Feb 28, 2020 18:08
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thinking about financial execs spruiking their skills in creating derivative-based investment vehicles to the mayor of Bartertown
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Feb 28, 2020 18:11
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I am a little worried that this is going to be characterised as purely the fault of the pandemic rather than the utterly reality-divorced positions of financial markets for the past decade.
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Feb 28, 2020 19:05
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Mar 1, 2020 12:14
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BrutalistMcDonalds posted:https://theplanningmotivedotcom.files.wordpress.com/2020/02/black-swan-pdf.pdf seems strange that large parts of our society are held to ransom by a market system that displays bouts of irrational exuberance followed by paranoia and fear
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Mar 1, 2020 20:04
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guess that's just the price we pay for freedom 
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Mar 1, 2020 20:05
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err posted:Good intro post on the repo market issue and global finance. At the very least you may learn a thing or two. I don't know how much to buy into what this guy's saying, but goddamn "weaponize your collective autism" is a great turn of phrase
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Mar 6, 2020 12:46
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Mr Hootington posted:https://m.investing.com/ Hootington and hollerington
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Mar 10, 2020 03:21
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I've been typing in "djia" into google multiple times a day to watch number freefall and now the almighty google algorithm thinks I want to learn about investing 
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Mar 30, 2020 04:53
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Dumb Lowtax posted:So this year might be a good time for all of us who live in cities to read up a whole lot about the Iraqi insurgency movement... like what worked and what didn't for them... how they survived essentially a long-term siege. Anyone know about that I think I plugged it already in this thread, but if you can get a hold of Dimitry Orlov's book Reinventing Collapse, it's worth a read. His predictions about peak oil etc are off and you can ignore most of the prepper junk, but the section "Career Opportunities" and the more general guide to navigating a societal breakdown are insightful. The guy writes mostly about his experiences in post-collapse Soviet Union. I'll hunt around and see if I can find some decent excerpts.
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Mar 30, 2020 05:17
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Wait am I too late to have strong opinions about the pigeon forge?
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Apr 1, 2020 12:02
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OhFunny posted:https://twitter.com/people/status/1271087321304248321?s=19 Reminder that not only does the E in Chuck E. Cheese stand for entertainment, but their parent company is "CEC Entertainment", or in full Chuck Entertainment Cheese Entertainment
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Jun 15, 2020 03:04
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