capitalism
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- utopian0
What a fucking sham!
- Lol wtf is this shitnb
- BTW - This is coming from the same people that promised plastic bags were recyclable.utopian
- Nobody recycles anything unless they can turn a profit. BAN ALL PLASTICnb
- I just don't buy plastic beverages no more. was hard to get used to it, but it's possible. my contribution to respect the planet & free markets gonna fix it.uan
- utopian0
How Big Oil Misled The Public Into Believing Plastic Would Be Recycled
- What Did Deepest Submarine Dive in History Find in Mariana Trench? Plastic Garbage!
https://www.commondr…utopian - https://www.commondr…utopian
- Humans for the win!PhanLo
- What Did Deepest Submarine Dive in History Find in Mariana Trench? Plastic Garbage!
- nb1
Interest thread about how and why a ton of “seasonal” items are going to get hella cheap right away, and how price slashing is coming across the board.
https://twitter.com/mikebeckhams…
What happens if this happens to automobiles?
- Pre-orders for the 2023 Corvette are told delivery is 3-5 years out.imbecile
- That’s a rare model and an outlier. Also they are setting expectations based on today’s availability of chipsnb
- There are rumors of lots full of basic Family SUV crossovers just waiting for a few microchips to be installed. But maybe demand is too high.nb
- No one can accurately predict exactly how quickly the chips will become availablenb
- Cars are so back ordered it's going to take ages to catch up. I was told 6months to a year, if I want electric more like 2 years.formed
- That's demand, not just supply chain. I want a very unique car and I am still on the bottom of the list (can't even 'order' it until I move to the next list)formed
- not an outlier. an example of what is happening. parts shortages are changing configurations and delivery dates. the desire for a new car has not gone down.imbecile
- and being directly in the industry, they are not rumors. some manufacturers can't get windshields made for pre-ordered cars.imbecile
- comparing vehicles, which are a part of industry and american culture and much more important, to plastic christmas tchotchkes is willfully stupid.imbecile
- ¯\_(ツ)_/¯imbecile
- K but you guys know that the salesman at the car dealership couldn’t possibly know how quickly chips manufacturers will ramp up production rightnb
- The car companies are guessingnb
- shapesalad1
The Big Short II.
Coming soon...
- At some point one of these economic scare videos will be rights.Chimp
- *right.Chimp
- yep.. it's a numbers game. put out a video every day, one will be right...shapesalad
- grafician0
- Good analogy...the sun isn't the problem, just like capitalism isn't the problemformed
- Venezuela has some of the biggest ecological disasters of the 21st century. has ruined more virgin rain forests than the 'fascist' Bolsanero in Brazil.hotroddy
- not to mention subsidizes the apathy of its citizens with cheap CO2 emissions.hotroddy
- How does that Brazilian boot polish taste, Rodney?face_melter
- unless your retorts have more substance– stick to the doodling. It's a skill that you and my 4yr nephew share but his rate is considerably lower.hotroddy
- if you were slightly more educated on S American politics you'd realize the irony in your statement.hotroddy
- I asked you a question, you fucking clown cunt.face_melter
- utopian-1
- Last slide presumes YoY stock buybacks of $13B. That’s a silly plan. Should say $40k bonus. But also $40k bonuses don’t help the stock pricenb
- Stock buybacks aren’t expense. It’s something they can sell later if they need to. That last slide is a silly argumentnb
- All of it is silly. The arguments aren't even coherent.Morning_star
- There's a huge problem, for sure, but when things are exaggerated and isolated, it weakens any argument.formed
- PhanLo0
- so he's saying, wall st protesters, anti-capitalists are... Monkey Brained fools. Yeah, I agree with that...shapesalad
- And laughing about it. Yes.PhanLo
- he said resentment can be bred by trapping unwilling participants in a system they can't escape then treating them unfairly for entertainment.imbecile
- warren buffet sums it up best: "When you combine ignorance and leverage, you get some pretty interesting results."imbecile
- PhanLo2
- street art, no?imbecile
- Brandalism?
https://twitter.com/…
But yep, kindo street art :)PhanLo
- Salarrue2
- ...."To be honest with you, consumers are the largest proportion of the market," Steigman told Insider, adding that corporations are strictly limited by....Morning_star
- ... the types of properties they can buy. "They will squash all of the institutions combined."Morning_star
- grafician1
- I agree, the rich are super!nb
- *CHINA's Billionaires only are billionaires if they can get out of China with their monies. Else it's just credit based on thin air.shapesalad
- I mean, if they could spend those billions inside China on cars or property or philanthropy they'd be billionaires. But I see your point.BuddhaHat
- China's billionaire's money is really the CCP's money...let's keep it real.utopian
- Money is a collective fiction, inside and outside China.i_monk
- utopian-1
- how do they live in poverty? and why is that bad? If everyone lived a USA//West lifestyle the world would be in an even bigger environmental / inflationary messshapesalad
- nb6
Welcome to life in big-city America 2022, where $100,000 salary feels like you’re just scraping by.
Fuck. How do we expect all the cool important people to keep living in nyc? The only artists left will be the trust fund kids and the stars of the latest broadway nostalgic interpretation of some dumb hit film.
Sad!
- De-globalisation and de-industrialisation are playing out, cities are now for the rich, but soon to be death traps under siege, with no water or food.shapesalad
- I think you’re underestimating how much money governments are willing to spend in order to protect the property rights of the rich.nb
- And all the most expensive real estate is in the big cities.nb
- Shapesalad, you should write a science fiction book.toemaas
- shapesalad1
2022 or 2023 - The bubble of E V E R Y T H I N G is going to crash big time...
S&P will fall 55%
Confluence of demographics: USA Boomers retire in 2022 and stop contributing, start withdrawing. Cost of capital will go up - borrowing will be expensive.
+ Fiat printing + quantitive easing since 2008 + credit mess in China (the most over credited country in human history in absolute and relative forms, massive credit bubble) + cost of energy, etc...
Expect dead cat bounces. Bounces up will be bigger in a crashing market than up days in a bull run. Tread Carefully.
BTC, 3 possibilities:
1 - Crash big time - then grind upwards until it becomes the reserve to which fiats or energy is pegged to.
2 - Or fizzle out.
3 - Or less likely, not crash and absorb cash getting out of the giant fiat bubble.
- Anyway, move to cash asap.shapesalad
- Wait, retirees only get one year to do so?
When's the next one?Nairn - Demographics - look it up. Looots of USA boomers are retiring now.shapesalad
- He's been calling for a crash for so many years it's hard to take anything he says too seriously.formed
- That said, down 50% is not impossible. There are going to be some great opportunities.formed
- Crypto will near-vaporize, though, as it was all euphoric gambling, based on empty promises, exactly like the dotcom bubble.formed
- S&P at 3000 is completely reasonable. DOW below 30k, etc., etc. Get your shopping list ready! Hope you put some cash aside a few months ago :-)formed
- This almost seemed interesting, then I saw the "crystal ball graphs" and you instantly know its horse shit.toemaas
- nb2
massive shortage on baby formula.
Hmmm thought shortages was why we don’t want communism?
Thanks, capitalism!
- bants https://i.imgur.com/…PhanLo
- more babies, that’ll sort it.MrT
- utopian2
The top 1% owned a record 32.3% of the nation's wealth as of
the end of 2021, data shows. The share of wealth held by the
bottom 90% of Americans, likewise, has declined slightly since
before the pandemic, from 30.5% to 30.2%.- Wiiinnniiiiiing!PhanLo
- news flash - they're also the first ones to lose all THIS YEAR. have you seen what the markets have done in last year, or is your head always up your arse?hotroddy
- How it's always been and how it'll always be. More invested = more susceptible to markets.formed
- oh yes hotroddy, won't someone shed a tear for those poor, poor billionaires. you knob-end.BuddhaHat
- I just don't get the qbn resentmenthotroddy
- that's because all the boot polish has clogged your brain.face_melter
- spoken like someone who doodles–dallies in acrylic paints all day long.hotroddy