(Thread IKs:
skooma512)
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Vox Nihili posted:QE + high interest rates would definitely be something urine one
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Mar 17, 2023 02:07
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| # ? May 18, 2024 16:52 |
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DancingShade posted:Just do a Venezuela and have government mandated price caps for everything. Then watch all the goods instantly evaporate off the shelves as people buy below cost, the businesses all close and then everyone has nothing but worthless junk money. Is that capitalism Venezuela or the Venezuela that the CIA did a coup on? Hang on... I'm getting a message that those are the same Venezuela.
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Mar 17, 2023 02:07
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DancingShade posted:Just do a Venezuela and have government mandated price caps for everything. Lining up for price caps at Starbucks this summer.
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Mar 17, 2023 02:10
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https://twitter.com/charliebilello/status/1635629488682991616?s=20 lol that venezuela is at 156%
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Mar 17, 2023 02:13
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dk2m posted:we have to come to the conclusion that banks and creditors ARE the problem, and let them collapse and bring back a goods and consumer spending based economy rather than a fictitious debt based one. but since that won't happen, im really curious to see what will happen
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Mar 17, 2023 02:15
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Real hurthling! posted:Hollywood country club wife names tennis pro mistress in letter to members https://pagesix.com/2023/03/16/country-club-wife-names-tennis-pro-mistress-in-letter-to-members/ “I’m so sad this happened in my own paradise.”
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Mar 17, 2023 02:15
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so the banks are kind of doing a bank run on the fed huh
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Mar 17, 2023 02:21
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Jokes on them, the fed can't run out of money.
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Mar 17, 2023 02:22
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eXXon posted:Lining up for price caps at Starbucks this summer. "Out of coffee" sign on the first day, closed on the second.
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Mar 17, 2023 02:27
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We wiped out months of QT.
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Mar 17, 2023 02:31
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err posted:We wiped out months of QT. we did it joe
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Mar 17, 2023 02:35
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What's that about three months? Yeah sounds about right. How long you think it takes to go full Weimar if they refuse to let any company crash and keep raising rates?
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Mar 17, 2023 02:35
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If you tell people you can't afford a BMW they just assume you're poor if you tell people you can't afford an apartment they assume you're mentally ill or on drugs makes you think
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Mar 17, 2023 02:40
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Mar 17, 2023 02:40
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While number sleeps, let's enjoy real headlines from Business Insider today: Venture capitalists have never been more divided, with accusations flying over who killed their beloved bank SVB. How long will the bad blood last? Venture investors who have worked in the field for decades could not remember a time when there was so much infighting Panic and recrimination: Inside Silicon Valley's first real financial crisis A VC Twitter firestorm caused an all-out bank run that led to Silicon Valley Bank's failure. Now startups and VCs are back to supporting the bank Match Group CEO spent $50,000 on 'Clash of Clans' in 3 months: 'I still look back at that with lots of shame' While speaking at a dating summit, Bernard Kim, the CEO of Match Group, said the rewards of mobile gaming don't compare to those of online dating The trailer for the new 'BlackBerry' movie is here and former 'CrackBerry' fans are shocked at how entertaining it looks "BlackBerry" movie trailer excites nostalgic fans to watch the story of another tech trend that intrigued everyone for a while before disappearing Peter Thiel said he had $50 million in a personal account at Silicon Valley Bank when it collapsed, despite telling his portfolio companies to pull their money Some have blamed Thiel for helping to trigger the run on SVB after he told Founders Fund customers to pull deposits from the bank before its collapse Blackface, booze, and blurred lines at the $2 billion tech firm Rokt Rokt is billed as a top place to work and says it's on course to go public. But ex-employees paint a dark picture of what it's like to work there The average bachelorette party now costs $10,800 The average bachelorette party is now a three-day trip complete with extravagant experiences like boat excursions and goat yoga
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Mar 17, 2023 02:48
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Raskolnikov38 posted:russia, china, and the saudis are going to the only ones to survive the coming hyperinflation lol
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Mar 17, 2023 02:50
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though for real hyperflation is going to be so loving bad for anyone under 7 figure networth. crime's gunna skyrocket worse than leaded brains era because society is like a clogged pittsburg toilet: it overflows from the basement to the attic. there's no actual "class awareness". lovely beaters (owned by other poors) are already the most popular thing to jack right now
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Mar 17, 2023 02:52
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sleep with the vicious posted:While number sleeps, let's enjoy real headlines from Business Insider today: Great to see more AI written content being published.
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Mar 17, 2023 02:54
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Excuse me what the gently caress is goat yoga
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Mar 17, 2023 02:59
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Slavvy posted:Excuse me what the gently caress is goat yoga the goats climb on the yoga people.
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Mar 17, 2023 03:04
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Bar Ran Dun posted:the goats climb on the yoga people. i understand what the goats are getting out of it, but why are the people participating?
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Mar 17, 2023 03:07
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Delta-Wye posted:i understand what the goats are getting out of it, but why are the people participating? signifier of wealth and class most likely.
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Mar 17, 2023 03:09
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Slavvy posted:Excuse me what the gently caress is goat yoga Donkey shows for zoomers.
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Mar 17, 2023 03:12
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thechosenone posted:What's that about three months? Yeah sounds about right. Don’t know why these posts is what made me personally connect the dots. If inflation is too many employed poor people. And those at the top (who own all the stocks in companies) are systematically prevented from losing any significant amount of wealth. How can enough companies have a large enough losses to lay off significant portions of their workforce? Wouldn’t that mean that lots of important people lost a lot of money? Isn’t that an inherent contradiction at this point in time? I get that there will be small waves of layoffs to juice stock prices at various points. But they will be small and uncoordinated. So there will usually be somewhere for those people to land. Am I missing something, or have I just caught up with the rest of the posters here?
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Mar 17, 2023 03:15
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Orvin posted:Don’t know why these posts is what made me personally connect the dots. we're forming a narrative, we're not doing the work Frosted Flake posted:Bernie Sanders is a coward you say? Without the convictions to see things through as we enter a period of crisis? Who believes in liberal notions of sacrifice as something to be avoided instead of how a people renew themselves?
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Mar 17, 2023 03:17
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I mean significant layoffs combined with not letting companies fail would be even worse since production would decrease. Everyone gaining in lockstep wouldn't be as bad as that.
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Mar 17, 2023 03:22
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err posted:We wiped out months of QT. pretty good results for the group chat
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Mar 17, 2023 03:24
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just logged in today and saw that another bank is getting bailed out. so is it just going to be whackamole bailouts for the rest of the year or do the bank failures finally get out of control?
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Mar 17, 2023 03:25
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doesn’t matter BMW hasn’t made a good car since 2013
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Mar 17, 2023 03:26
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thechosenone posted:I mean significant layoffs combined with not letting companies fail would be even worse since production would decrease. Everyone gaining in lockstep wouldn't be as bad as that. im convinced that's a solid view of whats happening under the hood. Delta-Wye posted:this is probably true, it's too much money chasing too few goods and services if our productive capacity keeps dropping as a result of trade wars, actual war resulting in retooling, layoffs, whatever, the problem deepens. its a death spiral and noone in charge is even hinting they're looking in this direction edit: i can sleep well at night knowing that the rich wont be impacted. maybe that will even be me someday!
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Mar 17, 2023 03:28
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Mar 17, 2023 03:29
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please president xi, cut off trade and end this pitiful experiment we call an empire
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Mar 17, 2023 03:32
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Pepe Silvia Browne posted:like, gently caress you lmao. what are you talking about?! for what? what am I supposed to be living for?! SK: why are our youth suicides skyrocketing, we can't think of anything
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Mar 17, 2023 03:40
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Ramrod Hotshot posted:just logged in today and saw that another bank is getting bailed out. so is it just going to be whackamole bailouts for the rest of the year or do the bank failures finally get out of control? Even better- bailouts for the rest of all time. There's pretty much no way to walk back "all deposits are insured completely" without blowing absolutely everything up in completely disastrous ways
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Mar 17, 2023 03:41
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I thought the bank wasn't a systemic risk https://twitter.com/SeidlerCorp/status/1636518949872451584?t=scnMYT8ACs8BP1QiTF2P0g&s=19 
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Mar 17, 2023 03:45
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Mr Hootington posted:I thought the bank wasn't a systemic risk it really was the bear stearns
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Mar 17, 2023 03:48
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Its cool that other countries also have insanely stupid and undemocratic rules to magic up laws, just like America https://twitter.com/Taniel/status/1636368220436176896
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Mar 17, 2023 03:48
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A lot of companies that were never ever profitable and operated entirely off vc capital rounds didn't produce anything to begin with, unless apps that let you rate dog haircuts or yet another food delivery app were supposed to be economic bedrocks. A fair bit of emperor without clothes before this all settles.
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Mar 17, 2023 03:50
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| # ? May 18, 2024 16:52 |
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Mr Hootington posted:I thought the bank wasn't a systemic risk Look, the tech bro banks had a contagion and were giving other banks the runs. How is this hard to understand?
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Mar 17, 2023 03:52
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