capitalism
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- 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
- 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
- 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
- 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
- utopian1
Let The Good Times Roll
- utopian2
America You Fucked!
- mort_1
I never knew silk production was quite so murderous.
- utopian0
U.S. companies post their biggest profit growth in decades by jacking up prices during the pandemic.
- U.S. companies posted record profits in 2021, even as Americans struggled with rising consumer prices amid the COVID-19 pandemic.
- Corporate pretax profits surged 25% year over year to $2.81 trillion, the Bureau of Economic Analysis said on Wednesday. That’s the largest annual increase since 1976, according to the Federal Reserve.
- When taxes are factored in, last year’s corporate profit increases were even more of an outlier. They soared 37% year over year, more than any other time since the Fed began tracking profits in 1948.
- 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
- hydro742
- Not the healthiest, but sooooo good on baked or grilled fishnb
- Just use a plastic cutting board. Work smarter.palimpsest
- 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