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Raskolnikov38 posted:china a50 now down 8% and it seems to have a decent chunk of the PRC's investment banks listed on it is that good
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Feb 9, 2018 04:02
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china changed the colors so when a stock went down it was green and if it went up it was red. a wall of green, a very healthy economy that Works and is not clearly a sham
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Feb 9, 2018 04:03
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fknlo posted:I really hope that when the economy goes it craters the housing market in the Denver region. nah it doesn't have that much of an effect on places people actually want to live like even in atlanta where some of the poorer suburbs were crushed, ITP was just fine and dandy.
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Feb 9, 2018 04:03
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logikv9 posted:china changed the colors so when a stock went down it was green and if it went up it was red. a wall of green, a very healthy economy that Works and is not clearly a sham i read somewhere it was because the CCP didnt want red to be the bad color so now the red is the color of capital increasing its power one of those mysterious chinese characteristics
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Feb 9, 2018 04:05
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there was an image that went around last time china's stock market decided to stocks could only go up up up and the government just kept telling people that everything was going to be fine, and enabled people to invest more and more. eventually this led to basically everybody and their cousin being intimately involved with stocks, and thus making god awful decisions en masse
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Feb 9, 2018 04:05
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Need these market dips to uncover some major structural flaw to really get the ride going
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Feb 9, 2018 04:06
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logikv9 posted:china changed the colors so when a stock went down it was green and if it went up it was red. a wall of green, a very healthy economy that Works and is not clearly a sham on the other hand they have ways to prevent a stock crash from ruining their economy so maybe treating the stock market like a sham is the way to go
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Feb 9, 2018 04:09
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if by western forces, they mean high freq trading firms then they’re not wrong
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Feb 9, 2018 04:10
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gonna laugh myself to an early grave when the banks start failing and trump doesn't bail them out like obama did
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Feb 9, 2018 04:12
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logikv9 posted:there was an image that went around last time china's stock market decided to oh man, I forgot all about that image! I guess this must have been taken before the red/green switch. 
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Feb 9, 2018 04:12
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Shear Modulus posted:last time the chinese stock market started to go down for a few days in a row the chinese govt installed a bunch of trading controls to stop that from happening lol which ended up making it worse, then they arrested a journalist, then it blew into a full scale 'corruption' witchhunt. meanwhile, one of the main reasons the crash was so bad was margin buying encouraged by Xi's OBOR policies. https://www.sciencedirect.com/science/article/pii/S1059056016300661 gucci bane fucked around with this message at 04:24 on Feb 9, 2018 |
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Feb 9, 2018 04:19
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financially racist posted:gonna laugh myself to an early grave when the banks start failing and trump doesn't bail them out like obama did He will, look at who makes up his cabinet.
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Feb 9, 2018 04:27
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H.P. Hovercraft posted:that’s reminds me i wonder if there’s been a degradation of squatter’s rights since the last crash yeah you get your door kicked in by the police and arrested for trespassing
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Feb 9, 2018 04:30
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Mad Wack posted:voted 5  burn it all down
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Feb 9, 2018 04:30
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https://twitter.com/ltgrusselhonore/status/961806661412446208
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Feb 9, 2018 04:42
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Why would you privatize water? Like what's the supposed advantage?
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Feb 9, 2018 04:44
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punk rebel ecks posted:Why would you privatize water? Like what's the supposed advantage? $$$
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Feb 9, 2018 04:45
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wow quantum of solace was a documentary
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Feb 9, 2018 04:45
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punk rebel ecks posted:Why would you privatize water? Like what's the supposed advantage? people need to drink it to live and once you own it you can charge them money for them to continue living
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Feb 9, 2018 04:45
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punk rebel ecks posted:Why would you privatize water? Like what's the supposed advantage? why wouldn't you commoditize what is going to imminently become one of the most valuable resources of the 21st century??
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Feb 9, 2018 04:52
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SpaceGoku posted:people need to drink it to live and once you own it you can charge them money for them to continue living seize the means to produce your own beer and distribute the excess nectar freely to your fellow revolutionaries.
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Feb 9, 2018 04:54
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punk rebel ecks posted:Why would you privatize water? Like what's the supposed advantage? taking an entire continent hostage
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Feb 9, 2018 04:57
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Thank god its only in corrupt brazil and that poo poo could never happen here
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Feb 9, 2018 04:58
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Let me rephrase it. Even in crazy neoliberal minds there is an advantage in privatization for society in many industries that shouldn't be. Such as how a fully privatized school system would in theory lead to my competition thus improved teaching skills. But what exactly is the theory for privatized water? What competition could there possibly be? It's loving water.
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Feb 9, 2018 05:05
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Acelerion posted:Thank god its only in corrupt brazil and that poo poo could never happen here nestle cannot endure an assault of (pacifist and non-violent obviously) heavily armed liberals
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Feb 9, 2018 05:05
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Don't overthink it, the theory is that the person who owns the water can make a lot of money.
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Feb 9, 2018 05:07
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punk rebel ecks posted:Let me rephrase it. Even in crazy neoliberal minds there is an advantage in privatization for society in many industries that shouldn't be. Such as how a fully privatized school system would in theory lead to my competition thus improved teaching skills. you understand that potable water is a finite resource that we are rapidly depleting our reserves of, right?
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Feb 9, 2018 05:09
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fknlo posted:I really hope that when the economy goes it craters the housing market in the Denver region. last time home prices in Places Where Jobs Are just stayed flat
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Feb 9, 2018 05:09
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here's the theory behind privatized water: politician: "if i sell off national infrastructure to private interests, i get a massive kickback from them" multinational: "if we buy off politicians to sell off an entire aquifer, we can make bank off hiking the cost of it to human fleshlings, which need water to live, and will therefore be forced to pay any price we demand"
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Feb 9, 2018 05:10
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watch this video to see why water privatization is actually good: https://youtu.be/7iGj4GpAbTM
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Feb 9, 2018 05:10
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Step 1: Get rights to all water reserves in a region Step 2: Package and resell your water, litigate anyone that tries to touch your supply Step 3: Profit
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Feb 9, 2018 05:10
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that waters gonna get bottled up and sold everywhere that isnt south america lol
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Feb 9, 2018 05:12
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There was a thing a while back where nestle bought (bribed) all the water rights in some south american or maybe african country and then sued people for collecting rainwater Somehow a ubiquitous bottled drink company manages to be this lovely
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Feb 9, 2018 05:12
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mastershakeman posted:yeah you get your door kicked in by the police and arrested for trespassing that’s how it’s always worked one of the more common flavors of squatter’s rights is if you can manage to live there for a set amount of time it becomes yours free and clear typically this involves conditions like having your mail sent there and “making improvements” and whatnot
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Feb 9, 2018 05:14
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and of course you should be banding your neighbors together to gun ownerishly stare down the cops when they come to evict like we did during the great depression
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Feb 9, 2018 05:16
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H.P. Hovercraft posted:that’s how it’s always worked yeah I know what adverse possession is. the cops are gonna gently caress you up if you try it
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Feb 9, 2018 05:18
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Acelerion posted:There was a thing a while back where nestle bought (bribed) all the water rights in some south american or maybe african country and then sued people for collecting rainwater I know that happened in Bolivia, lead to Evo Morales in power.
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Feb 9, 2018 05:23
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punk rebel ecks posted:Let me rephrase it. Even in crazy neoliberal minds there is an advantage in privatization for society in many industries that shouldn't be. Such as how a fully privatized school system would in theory lead to my competition thus improved teaching skills. hurr durr if i own the water it's my perogative to keep it in the highest quality condition for the lowest price. (because i have also made free water impossible to have)
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Feb 9, 2018 05:36
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i’m a poo poo-b-gone man myself
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Feb 9, 2018 05:42
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good overview while we wait to see if markets are a correction or bankers vs gravity https://twitter.com/Convertbond/status/961800073683329024
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Feb 9, 2018 05:50
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