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Thread: Economics Thread

  1. #2141
    It's OVER 5,000! Tapate50's Avatar
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    I guess it’s easier to bitch about something than do something to change it is the take I get.

    Not buying stock in McDs after caring how much the ceo makes.

    All hat and no cattle and such.

    It’s empty chatter- just like...well always.

    It also doesn’t change the fact you openly mock politicians that take a stand on fiscal responsibility. But not now. Empty.
    Ivermectin Man

  2. #2142
    if my thought dreams could be seen goldfly's Avatar
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    An insane visual representation

    And we got poor person vs poor person fighting each other over $15 minimum wage etc lol

    "For there is always light, if only we are brave enough to see it. If only we are brave enough to be it." Amanda Gorman

    "When Fascism comes to America, it will be wrapped in the flag and carrying a cross"

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    Quote Originally Posted by Tapate50 View Post
    I guess it’s easier to bitch about something than do something to change it is the take I get.

    Not buying stock in McDs after caring how much the ceo makes.

    All hat and no cattle and such.

    It’s empty chatter- just like...well always.

    It also doesn’t change the fact you openly mock politicians that take a stand on fiscal responsibility. But not now. Empty.
    glad to see you have gotten to exorbitant CEO salaries are not " fiscally responsible"

    If I drive a red car and see a blue car and say " look there is a blue car"
    Does that mean I bitch about blue cars ?
    whatever that means

    I mock voters that vote for candidates preaching " fiscal responsibility "

    by me buying stock in ACME Iron Works I get to reverse an engrained socio-economic state. All by myself
    The best way to stop a bad guy with a gun is to make sure he doesn’t get a gun.

  4. #2144
    It's OVER 5,000! Tapate50's Avatar
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    You see a lot of blue cars and “not dislike them” wink wink nudge nudge.

    Or at least your reposted tweets do.

    Who you surround yourself and all
    Ivermectin Man

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    https://www.thestar.com.my/aseanplus...ater-momentumu



    As Trumps term ends China's GDP tops 100 trillion yuan for the first time.
    "Donald Trump will serve a second term as president of the United States.

    It’s over."


    Little Thethe Nov 19, 2020.

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    Interesting thread



    https://twitter.com/davidfrum/status...88349474500609

    David Frum
    @davidfrum


    Yoga employs more Americans than coal. But compare and contrast
    1/2
    The best way to stop a bad guy with a gun is to make sure he doesn’t get a gun.

  7. #2147
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    Quote Originally Posted by 57Brave View Post
    Interesting thread



    https://twitter.com/davidfrum/status...88349474500609

    David Frum
    @davidfrum


    Yoga employs more Americans than coal. But compare and contrast
    1/2
    His stats are likely over simplistic. Yoga likely employs more people than coal mining but mining is only one part of the industry built on coal. Transportation, machinery production and service, coal burning plants and the industry built on them, etc.

    That being said, his overall point is a good one. Our economy is no longer built on mining and manufacturing. It's a service based economy. We need to stop focusing on what's happening to the old economy and ensure we retain economic dominance in the new economy.

  8. #2148
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    Many people can lead yoga and have another profession as well.

    Not the same for folks in the coal industry I’d imagine
    Ivermectin Man

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    if my thought dreams could be seen goldfly's Avatar
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    "For there is always light, if only we are brave enough to see it. If only we are brave enough to be it." Amanda Gorman

    "When Fascism comes to America, it will be wrapped in the flag and carrying a cross"

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    Quote Originally Posted by goldfly View Post
    This is an awesome story. They came close to destroying a high performing hedge fund yesterday. Melvin Capital had to get a $2B+ bailout from Steve Cohen. As if owning the Mets wasn't reason enough to not like the guy.

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    Quote Originally Posted by striker42 View Post
    This is an awesome story. They came close to destroying a high performing hedge fund yesterday. Melvin Capital had to get a $2B+ bailout from Steve Cohen. As if owning the Mets wasn't reason enough to not like the guy.
    The big question I have is how repeatable this outcome is. Can an online community consistently mess around and ruin the plans of hedge funds shorting a stock?

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    Quote Originally Posted by mqt View Post
    The big question I have is how repeatable this outcome is. Can an online community consistently mess around and ruin the plans of hedge funds shorting a stock?
    I'm going to think not. These hedge funds have ridiculous advantages. They might change their processes to guard against this in the future but the big guy will win in the long run on Wall St.

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    Quote Originally Posted by striker42 View Post
    I'm going to think not. These hedge funds have ridiculous advantages. They might change their processes to guard against this in the future but the big guy will win in the long run on Wall St.
    My guess is regulators will protect them by not making them disclose their shorts

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    Hedge funds are a racket for the most part.

    I think it was the founder of Citadel who famously said that hedge funds are a means of redistribution from investors to fund managers.
    "I am a victim, I will tell you. I am a victim."

    "I am your retribution."

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    if my thought dreams could be seen goldfly's Avatar
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    I’m so here for regular people making money and ****ing over hedge funds
    "For there is always light, if only we are brave enough to see it. If only we are brave enough to be it." Amanda Gorman

    "When Fascism comes to America, it will be wrapped in the flag and carrying a cross"

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    Same

  18. #2157
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    Mark the date, everyone here agreed on something.

    This is a pretty great story.

  19. #2158
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    Quote Originally Posted by striker42 View Post
    Mark the date, everyone here agreed on something.

    This is a pretty great story.
    Don't worry. Bidens team is "monitoring" the situation.

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    Quote Originally Posted by goldfly View Post
    I’m so here for regular people making money and ****ing over hedge funds
    Well...these regular people are gonna get burned big-time when the bubble pops
    "I am a victim, I will tell you. I am a victim."

    "I am your retribution."

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    I was watching cnbc today and they were crying about hedge funds getting wiped out.

    This take much better


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