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Reality TV is the video equivalent of the fact that trashy romance novels sell better than all other kinds of books combined
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Mar 12, 2017 02:20
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change my name posted:this is perhaps naive of me to say, in CSPAM, but I hope the global economy doesn't meltdown and I die This depends entirely on whether the wall street faction of Trump's cabinet successfully beats out Bannon and the rest, and I hate to break it to you, but Trump still gets his news from a source that deliberately out-crazy's Bannon.
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Mar 12, 2017 02:20
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financially racist posted:what exactly would the repercussions of a default be well the rub is its never happened before so no one is sure how bad it would get or how quickly; a good baseline comparison would be the last financial crisis. during the crisis a number of financial institutions went tits up, but larger than that the value of various investment products (like mortgage backed securities and credit default swaps) came into question. companies make decisions based on a lot of things, but how much money they have available to them and what things are worth is a large part of that process for obvious reasons, and suddenly people weren't sure if they had a lot of money on their asset sheet or if they had a lot of worthless garbage; in that situation, they make the prudent individual decision of not lending out anything because they have no idea how much risk lending would put them in. this is alright if one company does it, but when they all start doing it the economy grinds to a halt because you cant get money for anything. now imagine instead of mortgage backed securities and credit default swaps if the thing in question is US t-bills (which are wound up in basically everyones investments because theyre currently viewed as the safest investment known to man) and US dollars. oh and the US government cant bail themselves out like they could by flooding the financial markets with money to buy up the bad stuff either. people make a run on banks for their money, then they make a run on stores to hoard supplies because theyre afraid the dollar will be worthless but food and water and gas will hold value by their nature; gas and necessity prices spike, shortages spark violence in the US, martial law is ordered in places where it gets bad enough to cause significant civil unrest, and we see the next 10 years if we're lucky become a dead decade. it also probably drags down the world economy too because other nations invest in the US too. maybe we also wind up with a charismatic fascist for leader out of it too, but we may have the order hosed up on that one given our current president.  anyway, thats one possible outcome.maybe we'd get lucky and everyone would be cool about it. 
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Mar 12, 2017 02:20
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skaboomizzy posted:Would you like to add a large soda for $1? [extremely peaches cadence] sippin on some guinness like
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Mar 12, 2017 02:21
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Spoondick posted:since most of the worlds wealth is owned by like 400 people, good, gently caress em, what can we do to make this happen? like i said before if the cracks finally combine into a gaping hole and everyone starts coming out for the blood of the plutocrats i would totally be part of it
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Mar 12, 2017 02:22
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skaboomizzy posted:Would you like to add a large soda for $1? Would you like to shut the hell up moron
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Mar 12, 2017 02:22
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a few DRUNK BONERS posted:Would you like to shut the hell up moron plz dont sign yer posts ----------------
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Mar 12, 2017 02:23
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Agrajag posted:this that bipolar chick that steals everything in sight? you're right, she is pretty great
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Mar 12, 2017 02:22
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https://twitter.com/EmojiMeadow/status/840578973260230656
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Mar 12, 2017 02:24
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Agrajag posted:i really really wanted to try and skim the article but i couldnt get past whether or not those freckles are tattooed on SF seems to be a magnet for borderline mentally ill people and the worst types of hipsters.
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Mar 12, 2017 02:24
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a few DRUNK BONERS posted:Would you like to shut the hell up moron 
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Mar 12, 2017 02:25
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etalian posted:SF seems to be a magnet for borderline mentally ill people and the worst types of hipsters. u said hipsters twice
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Mar 12, 2017 02:26
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Mo_Steel posted:well the rub is its never happened before so no one is sure how bad it would get or how quickly; a good baseline comparison would be the last financial crisis. you left out one key thing that happened during the great recession, mass layoffs. a default fueled one would be magnitudes worse
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Mar 12, 2017 02:27
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Fullhouse posted:lol those 400 people will be perfectly fine and everyone else will be hosed inside out everyone is hosed anyways as wealth concentrates in fewer people and they work to revert the world to authoritarian serfdom with them in charge
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Mar 12, 2017 02:27
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Mar 12, 2017 02:27
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zegermans posted:u said hipsters twice there's a place in the bay area that sells artisan grilled cheese sandwiches.
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Mar 12, 2017 02:27
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Lamebot posted:https://www.youtube.com/watch?v=JjTjtJDZomw https://www.youtube.com/watch?v=rgdbmoLNRTM
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Mar 12, 2017 02:28
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etalian posted:there's a place in the bay area that sells artisan grilled cheese sandwiches. lol wut special cheese and bread i assume?
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Mar 12, 2017 02:28
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a few DRUNK BONERS posted:Would you like to shut the hell up moron https://www.youtube.com/watch?v=hopeFgwApCM
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Mar 12, 2017 02:28
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Grondoth posted:The consequences would be so far reaching and devastating I legit don't know fully what would happen. Basically the entire world's economy rests on the back of the US 1: wanting people to buy its debt and 2: saying that we'll pay it back in full. If we change this, literally everything will start to explode. this sounds more like a dude with extremely bad credit than the cornerstone of the world economy
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Mar 12, 2017 02:29
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etalian posted:there's a place in the bay area that sells artisan grilled cheese sandwiches. is this in the SF airport bc i had a really tasty bread bwol there
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Mar 12, 2017 02:29
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Mo_Steel posted:well the rub is its never happened before so no one is sure how bad it would get or how quickly; a good baseline comparison would be the last financial crisis. lol HELLZ YEAH american Brexit!!! I literally hate Muslims more than I love being the worlds reserve currency and lol I dont understand eother!!! -trump supportsww
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Mar 12, 2017 02:30
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https://twitter.com/kylegriffin1/status/840736396579069952
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Mar 12, 2017 02:30
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Yinlock posted:this sounds more like a dude with extremely bad credit than the cornerstone of the world economy surprise surprise sovereign debt works differently
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Mar 12, 2017 02:31
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Agrajag posted:lol wut https://themelt.com/menu
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Mar 12, 2017 02:33
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I am the last thing that stands between you and the apocalypse. *throws up and passes out*
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Mar 12, 2017 02:33
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Sovereign debt works one way when you're jerking off the finance sector, and another way when you're gutting social welfare programs
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Mar 12, 2017 02:34
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Business Gorillas posted:I am the last thing that stands between you and the apocalypse. *Doesn't even campaign in rust belt states she lost to Bernie* *Spends campaign money on running ads in the LA market*
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Mar 12, 2017 02:34
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what the gently caress is this? at least go to the real grilled cheese place http://meltbarandgrilled.com/menu/melt-menu/
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Mar 12, 2017 02:34
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https://www.youtube.com/watch?v=NdUHDDj7fhk
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Mar 12, 2017 02:35
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Internet Webguy posted:bill mitchell update: 
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Mar 12, 2017 02:35
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Foodies are every bit as bad as yacht collectors imho Just because the scale is different doesn't mean the disease is different
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Mar 12, 2017 02:35
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Yinlock posted:this sounds more like a dude with extremely bad credit than the cornerstone of the world economy welcome to modern finance capitalism, enjoy your stay until the next crash
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Mar 12, 2017 02:36
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Epic High Five posted:Foodies are every bit as bad as yacht collectors imho look at this beta that hasn't had a grilled cheese with a piece of lasagna in it
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Mar 12, 2017 02:36
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Yinlock posted:this sounds more like a dude with extremely bad credit than the cornerstone of the world economy This has been the conservative yuk yuk line for like 30 years, a country's debt and a persons debt are totally different things.
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Mar 12, 2017 02:37
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Mo_Steel posted:well the rub is its never happened before so no one is sure how bad it would get or how quickly; a good baseline comparison would be the last financial crisis. thanks duder
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Mar 12, 2017 02:38
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Business Gorillas posted:look at this beta that hasn't had a grilled cheese with a piece of lasagna in it we have a cheese-focused food truck in town that's well-reviewed, but it's not this $4 toast bullshit, it's just a straight up "park outside bars at 2am and offer greasy rear end grilled cheese sandwiches and poo poo" and they make a loving killing
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Mar 12, 2017 02:38
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Epic High Five posted:Foodies are every bit as bad as yacht collectors imho i only eat mcgriddle buns i get my moisture from the freezerburn
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Mar 12, 2017 02:38
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Raskolnikov38 posted:welcome to modern finance capitalism, enjoy your stay until the next crash Also yes this entire system is literally built on delusions, speculation, bubbles and exploitation
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Mar 12, 2017 02:39
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Internet Webguy posted:bill mitchell update: all i can hear is the hologram static of someone who once had this mug to mock Bill Mitchell with
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Mar 12, 2017 02:39
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