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sleep with the vicious posted:News: seems like one of those things like open offices that comes back to bite them in the rear end, but once their bad ideas get them punted out the door they just glide to the next corner office on their golden parachute so the cycle continues forever  call centers have incredibly tight margins, unbelievably high turnover, and a surprising difficulty actually filling the seats with people who will do the job. at entry level, I'd say 1 in 3 don't make it past their first day, and 1 out of 3 of that group usually don't make it past their first month. If you're in management this system probably seems like a good idea until they start having to actually issue warnings and start firing people, and in a situation like this it's the system making the choices, not the manager. this is a big problem when you consider that call center SLAs are basically only being met because you have "studs" (a weird former boss put it that way to me) who are immune to abuse and monotony and can get the work done at scale. I have never worked in a call center environment where these people weren't all sorta unreliable weirdos who justified themselves on month to month metrics and every one of those people (myself included) would not last long under a big brother webcam regime, if we didn't quit on the spot at the intrusion in our privacy (I certainly would) the ultimate revelation of any monitoring system like this is going to be that they wasted a lot of money on a system that actively tried to kill their business (all in an attempt to reclaim $30-40/day per laborer in "lost productivity", lmao)
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Mar 27, 2021 04:44
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Paradoxish posted:It's been happening for a loving while now, to the point where it no longer even makes sense to buy a used car if you're not buying one that's at least 4-5 years old. We see this poo poo at the end of every bubble - car manufacturers stop making economy cars, the value of every physical object we own appreciates, housing prices spike to wildly inflated prices, etc I wouldn't be surprised to see manual transmissions make a comeback after this thing pops. It's all about what's cheap to produce when nobody's willing to spend money they don't have
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Mar 27, 2021 04:51
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anime was right posted:i mean we didnt blame lehman bros so im doubtful we'll just blame a single dipshit. whether this is the one or isn't the one, when "the one" does happen, we're going to see a lot of "sobering" thinkpieces about how it should have been obvious that this was going to happen, all along (it was) but how, now that it's over, regulatory changes and internal reforms will make sure it never happens again (it will definitely happen again) GEMorris posted:We will find a way to blame poors. I'm pretty sure right wing newsmedia is workshopping a narrative about how stimmy payments were the cause as we type. you betcha
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Mar 30, 2021 05:25
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some traders estimate $100 billion.
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Mar 30, 2021 15:46
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in 2020-2021, banks gave a known financial criminal hundreds of billions of dollars to play with, and have said they'll do it again once said financial criminal's temporary inconvenience has ended
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Mar 30, 2021 15:47
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Can't wait to find out about the hundreds of billions of dollars in losses when all the magic beans the trump administration sold the banking industry don't grow beanstalks to a giant's treasure hoard
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Mar 30, 2021 15:48
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Mr. Pizza posted:number doesnt give a gently caress good, number can hold on for a while until i can sell these loving pokemon cards
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Mar 30, 2021 15:50
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DoomTrainPhD posted:lol GME is going to hit $500 a share in a month because this world is dumb and money means nothing. jesus christ i just looked at GME and about had a heart attack what in the gently caress how is it still going up i gotta get off these pokemon cards immediately it's only a matter of time before all the tulips start wilting
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Mar 30, 2021 18:47
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 H1B is BACK, baybeeeeeeee The Democrats!
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May 20, 2021 19:55
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Paradoxish posted:what In the 100k/20k scenario, the guy making 100k isn't exactly rich. He's depending on mostly working class people to buy his bagels (or whatever) and they can't afford to pay more for bagels. He's stuck in the same loop almost all small business owners are stuck in: "Wages have been too low for too long, and now the economy has inflated to the point where customers can't buy my goods at a margin I can profit at. I can't afford to pay my employees more, because I don't make enough proceeds from selling my product, because all of my customers who are commuting to work don't have enough extra money from their low wage jobs." The obvious solution is mass redistribution or seizure of wealth but we're just gonna blame it on rising wages and shrug until the economy tears itself apart
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May 20, 2021 20:32
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Pittsburgh Fentanyl Cloud posted:https://apps.alleghenycounty.us/website/munimap.asp edit: nope, median income is pretty low here, so I'm guessing this is just so they can isolate it from neighboring areas edit: haha, yeah: Nothus posted:Local rule is a tool of institutionalized racism because it allows rich white enclaves to isolate themselves from their poor, often minority neighbors. Mirthless has issued a correction as of 20:38 on May 20, 2021 |
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May 20, 2021 20:35
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Edgar Allan Pwned posted:So because of the chip shortage computers/laptops for sale are going to be inflated right? I heard the same for rental cars and they have jumped in price like a couple hundo in a week or two. I want a new laptop but also a dog and I figure they'll cost about the same (700-1000) so trying to decide what I want first. the biggest chip shortages are specific to ARM chips, high speed ram and GPUs, due to crypto blowing up again and a new console generation starting. If you are just looking for a workstation, prices shouldn't be too bad but if you are looking for a gaming rig you are going to get gouged. Wait a couple of months until crypto collapses again and you'll be able to buy second-hand mining GPUs, most of which were run below normal voltage during their entire use cycle. The market will be flooded with lightly used, higher end cards nobody wants anymore.
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May 20, 2021 20:45
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oxsnard posted:like, do new GPUs stay sold out and above MSRP because everyone assumes every used card has been put through Bitcoin hell or do NVIDIA revenues get cut in half All GPUs used or new are inflated just because bitcoin miners are buying them as fast as the chips can be soldered to the board. In addition, we're seeing the following pressures which are increasing the price of certain consumer electronics goods: - Increase in purchase of portable devices for home work from 2020-2021 - The last wave of people still on Windows 7 are now migrating to Windows 10, especially in corporate environments - New console generation just started - Chinese tariffs are largely still in place The biggest pressure is bitcoin mining and will go away eventually, at least for a while. There's nothing we can do about the tariffs, which I suspect are permanent! Everything will be cheaper in 2022, provided the economy hasn't collapsed! FWIW: used mining cards are generally great for gaming because you generally underclock cards for mining. You would think the performance requirements of mining would burn cards out, but miners generally just run more cards to get additional performance. A mining rig isn't making you any money if you're burning cards out every week! OhFunny posted:I think the effect would be minimal. Scalpers and their huge bot networks will still monopolize the limited supply. the scalpers and bot networks pretty much only exist because of the miners in the first place. they disappeared like smoke in the wind the last time bitcoin crashed. Mirthless has issued a correction as of 22:08 on May 20, 2021 |
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May 20, 2021 22:04
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Shipon posted:Scalpers can't conjure demand out of nowhere. They run out of people to pay higher prices and then they have to drop their prices lower and lower until it no longer becomes worth their time to bot, and they move on to the next limited edition thing or whatever. Yeah, like, one of the interesting side effects of bitcoin crashing is that it financially ruins lots of adjacent businesses (cloud mining! oh man!) every time it drops catastrophically and every single time these people are forced to fire sale everything they have just to keep the bank from repossessing their house No scalper is gonna be sitting on high end cards if bitcoin isn't worth the power it takes to mine. They will sell them at whatever price gets them out of their house, in the hopes that they can still make enough profit to save their mortgage and or marriage
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May 20, 2021 22:11
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C-SPAN Caller posted:I mean bitcoins will always keep some value considering how much illegal laundering goes through it, same can't be said for the billion other cryptos governments are catching onto laundering the same ways they caught onto drugs: massive infiltration of all darknet markets and forums, elaborate honeypot front operations, and technology they won't admit exists the golden age is largely over and while it may save bitcoin from death one more time, it is not the permanent lifeline it used to be
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May 21, 2021 04:56
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i have always lived in low income apartment complexes and i've found the best way to get along with people is to never file a noise complaint and not talk to the police, and if you've got some extra food it doesn't hurt to offer made a really good friend this way, grilling on the little strip of sidewalk outside of my apartment. I'd drop by his place after work sometimes and we'd watch jeopardy and smoke a blunt, dude was a semi-retired bloods OG (mostly just selling weed to stoners and neighborhood moms at this point) and had all kinds of fuckin crazy stories. he bounced from the state when legalization started hitting, I don't think he really had any job skills and he had recent felonies so it wasn't possible for him to transition to the legal market. bummed me out. edit: i'm dumb Mirthless has issued a correction as of 00:37 on Jun 16, 2021 |
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Jun 16, 2021 00:30
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Nonsense posted:i see way too many husky's here on complex, please own some space greater than a closet when owning those dogs pls there's only two kinds of dogs people in my apartment complex own, huskies and pitbulls (admittedly, every variety thereof) and none of them clean up the poo poo
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Jun 16, 2021 00:39
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Vox Nihili posted:I can confirm that filing noise complaints is a good way to get your neighbors to hate your loving guts. COVID isolation has seemingly driven our downstairs neighbor insane and they've taken to repeatedly complaining to the apartment complex about us (two people without guests whose big evenings over this stretch have consisted of streaming movies or playing online games with friends). I've been looking forward to catching the fucker on his way in or out for months but apparently he just never leaves. if it makes you feel any better, your apartment managers probably hate them a lot more than they hate you and unless you rent is very high they're probably at a greater risk of getting ejected than you are the management firms that run these places prefer low maintenance tenants over people who expect them to uproot everyone that's a tiny bit difficult to live around and if it's obvious that they're just being footsteps complainers they're not gonna get far with that poo poo
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Jun 16, 2021 03:19
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there's only three times it's okay to call the cops or the office on your neighbors: 1. one-sided domestic dispute 2. i smell something awful (* for at least three (3) days) 3. there are bugs/water/gas in my apartment any other time you're a snitch and a narc! Mirthless has issued a correction as of 03:54 on Jun 16, 2021 |
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Jun 16, 2021 03:41
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TheMopeSquad posted:I don't know what the cops would do about it. Instead find your local animal rescue groups, humane society, or animal control. Someone can come out and calmly convince her to let them fix the cats and find homes for the kittens. yeah maybe it's just because i'm used to living in a conservative state but the cops can't do poo poo about animal welfare calls in literally most of america and the only time they'll bother showing up is if they think the person you're calling the cops on is a minority and unlikely to sue them calling the cops because one of your neighbors doesn't take good care of their animals is a chickenshit way to handle the situation and risks getting a human being extrajudicially murdered by police for the welfare of animals (the police may also kill) - these situations are almost always handled better through social outreach and if you're too socially inept to manage that, bury your feelings and hide inside like a goblin. Mirthless has issued a correction as of 20:40 on Jun 16, 2021 |
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Jun 16, 2021 20:34
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The Protagonist posted:i wish i could have a house i think it's doable for me in like the next ten years but like when you look at the age gap between the housing generations at this point it's looking like zoomers will achieve home ownership in their 50s, and their kids should be owning their first home sometime around age 90 housing as an investment was never a good idea because the outcome is obvious and inevitable, a pyramid only goes up so high
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Jun 16, 2021 20:43
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Lacrosse posted:I hate all these articles about why buying a home is a bad investment and we should be happy to rent. I'm from the Seattle area, my whole family is here and most of my friends, I don't want to leave so I know I'd be happy to spend the next 30 years here. I bought a trailer park home in 2007 for $20,000 and I've thrown away over $120,000 on lot rent in the last 12 years I've lived here. I would've been most of the way to paying off a 15 year loan by now if I could've gotten my foot in the door of a real house back then. the whole reason why buying a home is a bad investment is because housing supply is always in excess, in every market, it's the dirty "secret" (except, not) that powers the entire real estate market and has for decades there's only a handful of places in the entire US at any given time that have more buyers than they have available (for sale) homes - two of those markets are NYC and DC. NYC is basically frozen in time at this point and land there is legitimately an investment to hold because there's no room left to build anything new. DC has expansion room (or their adjacent suburbs do) but the actual population of DC is tied more to the political process than people wanting to live there organically, and property is changing hands constantly regardless if homes are being built or not, so if owning land and renting/rerenting/selling/reselling is your business, then yes, real estate is an investment opportunity there. but everywhere else? when you look at markets like LA during the dotcom boom or the SF/Denver real estate booms they are being driven by employment concerns and there's plenty of space to build around these cities, so the problems causing their real estate prices to increase are tied almost entirely to transitive problems that will resolve themselves long before you have paid off your investment, let alone sold it to someone else. so what you're really counting on in these markets is that not only will prices stay steady, but that some other transitive problem will come along to cause real estate prices to spike and demand to go up again when you're ready to sell. essentially, you're gambling. And not in the sense that "all investments are gambling", because you have tied up between 4 and 10 years of wages in a single investment With each new generation of homeowner-investors, the amount of actual money that needs to be generated from the sale of a property to give you a reasonable return on your investment increases by greater and greater amounts. You will eventually reach the point where it is impossible for new buyers to enter the market at the price existing homeowners are setting and the market will stagnate, collapse, and need deep restructuring or at the minimum reforms and regulation. We are getting past the point where corrections can solve this problem and eventually an entire generation of homeowners are going to get stuck holding the bag. And at the rate that these costs are going up, I think it's pretty obvious it's going to either be us or the zoomers that that happens to. the only way to solve this problem is to end the paradigm of home ownership as an investment vehicle. It's just like consumer credit, in general, this was a loving terrible idea that never did consumers or the whole of society any amount of good whatsoever. Mirthless has issued a correction as of 21:23 on Jun 16, 2021 |
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Jun 16, 2021 21:15
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bob dobbs is dead posted:land is a li share of the monopoly on violence. the thing that changes about the world when you transact in land is the ability to call the cops for trespass you can call the cops on people for trespassing on land you're renting too there is literally no reason to participate in the housing market right now on this level other than "it is cheaper, after I did all of the math, than renting" you will never be able to make your money back on this investment, and if you do, you will just be doing so at the expense of whoever you sell it to, who will lose everything if it took my dad a year's wages to pay off his first house, and my brother took three year's wages to pay off his, and I'm looking at four to six years to pay off my first home, what does that say for future generations? a greedy person might think "wow, someone's gonna pay me like fifteen years worth of wages when I'm ready to sell!" and might not notice the sound of blades sharpening all around them Mirthless has issued a correction as of 21:29 on Jun 16, 2021 |
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Jun 16, 2021 21:25
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Thoguh posted:
can we get a forums setting that just puts a strike through the posts of accounts from the libcoasts, automatically? if they could all just show up like this for me that would be great Mirthless has issued a correction as of 21:32 on Jun 16, 2021 |
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Jun 16, 2021 21:30
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bob dobbs is dead posted:yah but the landlord can in turn evict you and then call the cops on you, so landlordin gets you up the hierarchy. but at the top is the state w/ eminent domain, not that that gets used that much yea but like there's a process and laws they've gotta follow and if you're dealing with a big enough landlord it's pretty hard to get kicked out of a place you're renting as long as you're following the rules of your lease, in some places they're even obligated to renew your lease barring extenuating circumstance if this is how you define property ownership, you're arguably more of a homeowner renting than you are living under some HOAs (which, themselves, are another consequence of homeownership as an investment!) i had vastly more freedom in my apartment than a guy i worked with had in his own home. He used to sit there feeling all smug about how much value he was getting by being part of an HOA, but like, he couldn't have a cookout in his back yard without building a privacy fence first (from a list of approved vendors) and at that point why not just rent? Mirthless has issued a correction as of 21:41 on Jun 16, 2021 |
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Jun 16, 2021 21:37
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Lacrosse posted:They also changed the lease agreement this year to say only 2 pets when before it was only 2 cats or dogs. I've got 2 aquariums and a bird cage along with 2 cats, so I told them about my bird and 1 cat and I gotta hope they don't look in my windows and see the second cat or my fish. every desirable city to live in has municipal codes you have to follow and many, many places you want to live are in HOAs to preserve the value of their "investments", so you really need to forget this, completely. i promise you they don't mean aquariums or cagebirds when they're talking about pets, they're talking about cats/dogs/weird exotics. If you ask your apartment manager they will tell you, they are talking about the kinds of animals that can cause damage to the apartment, they are not setting an arbitrary limit on how many animals they think you are capable of taking car eof.
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Jun 16, 2021 21:46
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lil poopendorfer posted:How do you figure there's room for expansion in SF but not nyc If you are really so stupid that you think a ten minute commute is worth is alone, itself, worth paying five million dollars more money for, I cannot explain to you how this pyramid scheme has an upper limit and I am not going to bother trying, it's too hard and there are functional issues that you need to overcome before you can understand what I am trying to get across Mirthless has issued a correction as of 21:54 on Jun 16, 2021 |
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Jun 16, 2021 21:49
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Thorn Wishes Talon posted:someone please link this poster the wikipedia page for marginal utility of money there is more at play here than the upper limit of money a handful of people here have available to spend and what is and isn't desirable is inherently transitive which was the whole point of the post the person i was replying to skimmed before they got some weird poo poo in their brain about the NYC/SF comparison the only reason anyone wants to live in loving san francisco right now is because there's jobs there and it's a nice place to live, all the conditions that made it a desirable housing market can evaporate (as they have in the past) just by building more houses in an adjacent suburb or having another, better job market rise up nearby. NYC has no room for suburbs and isn't going to stop being a good place to work the second the economy crashes (which ends up killing the CA real estate market every single loving time) "but it'll bounce back!" okay, fine, fine, sure. And when it bounces back to be good enough to make you money back on YOUR investment, the next generation of buyers will just need to make sure they have at least $120,000 to put down a down payment, and I'm sure wage growth will keep up to support this outcome, just as it ha- Mirthless has issued a correction as of 22:01 on Jun 16, 2021 |
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Jun 16, 2021 21:59
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LionArcher posted:Lol if you think that zoomers will be living in a world that we consider normal by the time they're in their 50's. By then home ownership won't mean the same thing at all I suspect. agreed which is why i'm arguing that home ownership isn't a very smart investment vehicle
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Jun 16, 2021 22:02
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gay_crimes posted:SF is merely a nice area with the highest paying tech jobs in the world. if you change those two factors, SF is no longer desirable to live in, yea except it was LA five-ten years before it was SF and if you turn the wayback machine far enough into the past, Detroit is the golden city on the hill that will last forever Mirthless has issued a correction as of 22:07 on Jun 16, 2021 |
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Jun 16, 2021 22:03
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Xaris posted:is your point that it's bad because it's worthless since "you can just build more outside!!" (and falling dollar and rising material costs is also a lol there). and note that this is already maxed out in sfh in many places, and anything more ends up being undesirable poo poo combustion-engine locked n rising fuel garbage... 1. if you understood this much why all the words before it 2. land is only finite if it's all been developed already, which is only actually true for new york city housing as an investment defenders operate on the assumption that home prices increase organically with demand but demand is not consistent. Prices do not fall as demand decreases, therefore, this relationship is wholly detached from supply and demand. you are arguing it yourself in the underlined part.
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Jun 16, 2021 22:25
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bob dobbs is dead posted:max density of an area is like, manila I am not talking about maximium density, I am talking about merely having in-use structures in all available space If you have city borders you can push out another couple of miles to accomodate additional growth, or adequately linked suburbs, your city is not full, and your housing supply/demand issue will be eventually solved
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Jun 16, 2021 22:31
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quote:Some argue the interest from billionaire investor Mark Cuban has only exacerbated the situation as people discovered his DeFi wallet and alleged that he is the sole provider of TITAN/Dai on the Polygon blockchain.  if the crypto meme doesn't end with mark cuban in jail for hundreds of counts of wire fraud and insider trading and poo poo I'm not going to be surprised, just upset
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Jun 17, 2021 17:44
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Maximo Roboto posted:Christian Socialism with Georgist tendencies if we take away their truncheons, what will they do when they encounter a criminal gentleman armed with such?
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Jun 17, 2021 18:00
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super sweet best pal posted:Syndicalism is probably the easiest alternative economic system for people to swallow. Employee owned companies don't have the same red scare stigma that socialism does. i honestly think at this point you would have better luck selling full communism to future generations than you would anything that is centered, entirely, around labor unions we lost this fight, realistically a long time ago, and at this point we're just fighting to rebuild the structures that support unions in the first place (and failing) there's no discussion about ending employment at will regimes in the public conversation, at all, let alone tackling so-called "Right to Work" laws. Most millennials have never worked for a union, virtually nobody from gen z will ever have the opportunity. What experience people do have with unions in most fields: watching shops unionize, and then watching good people lose their jobs because they unionized. to be clear: I'm not saying unions are a waste of time or bad anything, but we are not at a high point in support for this concept and I don't see how we come back from it Mirthless has issued a correction as of 18:36 on Jun 17, 2021 |
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Jun 17, 2021 18:30
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Maximo Roboto posted:There's some movement towards unionization in the tech industry- partly because of the terrible conditions for service workers from Amazon warehouse staff to Tesla factory workers to Uber drivers. Partly because the labor aristocrat software engineers at companies that supposedly have activist and empowering corporate cultures like Google, or at small coastal startups like Kickstarter, are developing some sense of class consciousness and deciding to put their liberal to left political beliefs to practice. Some of it is for social idpol causes, some of it is for labor causes. This is also because for over a decade Silicon Valley has been promising to remake the world towards techno-utopianism and the workers there are realizing that the opposite is happening, and they don't want to work on DoD contracts for military drones or border monitoring software. The problem with this is that in like 39? or more? states you can be fired for any reason and closed shops don't exist Syndicalism may be a system that could work in cascadia but the overwhelming majority of Americans have only ever lived in a world where talking about starting a union gets you immediately fired The Amazon unionization stunt earlier this year ate up a lot of money from progressives and a lot of attention but the whole thing was a waste of time, because even if they had somehow managed to succeed they wouldn't have been able to keep the shop open due to the way state and federal laws are structured. That money, that spotlight on causes, etc, would have been better served focusing on EAW/R2W regimes but those regimes are EXTREMELY popular with the corporations that own the Democratic Party so literally nobody in politics is even willing to mention this system is a fundamental problem for labor rights, let alone address it
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Jun 17, 2021 18:59
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JAY ZERO SUM GAME posted:maoism third-worldism is the only answer though it's so hard to swallow and i hate it but i ultimately believe this now edit: to be clear, it's less about anti-imperialist anger at america for me and more about the raw rear end understanding that global capitalism in the way we have structured it cannot continue to exist, the countries we have traditionally exploited for labor aren't willing to be exploited forever (see: china) and in the absence of creating alternative structures to capitalism i see MTW or something resembling it as inevitable, if not something I particularly want Mirthless has issued a correction as of 19:08 on Jun 17, 2021 |
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Jun 17, 2021 19:01
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Justin Tyme posted:It's much starker a contrast if you consider rent vs mortgage over 30 years. At least with a mortgage you might pay a bank $150,000 in interest payments vs putting nearly a half million or so into a landlord's pocket how much money do you spend in property taxes + HOA fees + city fees + maintenance + repairs in 30 years? how much time/labor do you have to commit to these ends? there's a lot of expenses and worries that renters just do not have. I do not like supporting the landlord class, but owning a home is not just a house payment I pay $700/mo for 1100 sqft of rented space and any time something expensive happens somebody else is on the hook to fix it. if my town goes belly up i can move without having to worry about my sunk cost. if the real estate market collapses, i don't have to worry about losing what i paid in. I also don't have to worry about things like the type of loan i bought my house under suddenly exploding and eating my investment (like what happened in the last housing crisis) Mirthless has issued a correction as of 21:57 on Jun 17, 2021 |
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Jun 17, 2021 21:54
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Serf posted:i have no desire to own a home but lmao at trying to spin turning the masses into eternal peasants as a good thing the masses already are eternal peasants and home ownership does not make you less of a peasant unless you are leveraging that home ownership into lordship a home wasn't considered property until the silent generation started getting uppity about who their neighbors were it's not supposed to appreciate in value, it's supposed to be a place you live in edit: vvvv yep
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Jun 17, 2021 21:59
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Slow News Day posted:So does renting. One of the things that happened after I bought my house was that I realized I had suddenly limited my employment prospects to my immediate locale. Depending on where one is located, that can actually have significant financial drawbacks. Those have lessened somewhat with Covid, but they're still there for a lot of industries. plus, traditional investments are vastly more accessible than money you invest in a house, and capable of being diversified there are lots of 30 year bets that fail to pay off, why would you put ten years of your income into a gamble that could just eat all your money in a foreclosure or leave you with an unsellable property at the end? Justin Tyme posted:The most immediate "lifestyle" benefits of home ownership are having workshop space, gardening space, being able to do whatever you want with the space, stuff like that. Yeah it sucks having to mow and fix poo poo that breaks but I'd rather have the space to pursue hobbies that don't involve glowing rectangles or driving thirty minutes to a beat down makerspace than renting a two br for 2 grand a month yeah but it should come down to how much actual value those things have to you, and not how much potential return on investment those things provide to a future buyer the real estate market is hosed but also so are buyer's priorities. people buying houses don't want to live in places that are slightly out of the way from job markets or entertainment (while the lower income renters in suburban apartments commute every day and don't complain about it) Mirthless has issued a correction as of 22:13 on Jun 17, 2021 |
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Jun 17, 2021 22:09
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