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New season of The Terror started Monday just FYI. George Takei is in it.
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Aug 14, 2019 22:06
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Casimir Radon posted:I really need to buy a house next year because I'm sick of throwing rent money down a black hole. I'm just afraid that the moment I do that the economy is really going to go down hard, and I'll be screwed. Never buy a house and expect to make money on it. A house and house maintenance are an expense. You buy it because you want a house to configure the way you like. You buy it because you're tired of neighbors. You also trade off needing to fix and maintain the whole loving thing rather than just call some jerk to fix it. You aren't throwing money down a hole renting. You're getting a place to live while externalizing the cost of dealing with that poo poo and mortgages for the next 30 years.
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Aug 14, 2019 22:17
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I have every intention to buy a house if we get another amazing recession like we did in the past. Thankfully my job is tough to get rid of even in a recession since hospitals are mandated by joint commission/other agencies to have a house supervisor for a critical access hospital. The housing market in central Oregon sucks major balls and it's ungodly expensive. Houses that were 300k in 2016 are well over 400k now 3 years later.
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Aug 14, 2019 22:22
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Time to set some money aside to buy some good stocks (Visa, Mastercard, Amazon, Activision-Blizzard, Apple, Disney etc) when poo poo's real low during the next recession, gents. Start saving now. Predictions are its coming within the next year to two years. Maybe if we prepare well enough we'll be lucky enough to be able to retire if poo poo doesn't go tits up between climate change, the rise of fascism, or another civil war. I'm predicting that the next recession is going to be worse than 2008.
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Aug 14, 2019 22:27
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We also have a potential blue ocean event within the next 5 years. 
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Aug 14, 2019 22:30
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Bored As gently caress posted:Time to set some money aside to buy some good stocks (Visa, Mastercard, Amazon, Activision-Blizzard, Apple, Disney etc) when poo poo's real low during the next recession, gents. Start saving now. Predictions are its coming within the next year to two years. Maybe if we prepare well enough we'll be lucky enough to be able to retire if poo poo doesn't go tits up between climate change, the rise of fascism, or another civil war. Potentially. Although I can only assume the recession will gently caress other things like trade (obviously) and other specific markets that produce goods rather than a direct effect on the housing market...... which will then gently caress the housing market and everyone's foreclosing on their house and then there's gonna be that issue too. So yeah, you're probably right.
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Aug 14, 2019 22:30
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Nice and hot piss posted:I have every intention to buy a house if we get another amazing recession like we did in the past. Thankfully my job is tough to get rid of even in a recession since hospitals are mandated by joint commission/other agencies to have a house supervisor for a critical access hospital. Eugene area? I was thinking of heading that way in 5-8 years. Or you talking more Bend?
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Aug 14, 2019 22:31
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Crakkerjakk posted:Eugene area? I was thinking of heading that way in 5-8 years. I'm north of Bend in Redmond. The housing market in pretty much every established city in Oregon is ridiculous, especially Eugene, Portland, Bend/Redmond and Corvallis. There's places to live in Oregon that if you have a somewhat stable income you can afford, but you're going to be living in the boonies or a town with around ~1500 people, and the job market in those area's are going to be next to nothing unless you don't mind commuting 2+ hours to work (because traffic sucks balls)
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Aug 14, 2019 22:33
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Casimir Radon posted:I really need to buy a house next year because I'm sick of throwing rent money down a black hole. I'm just afraid that the moment I do that the economy is really going to go down hard, and I'll be screwed. Lol don't worry I just did it for you. Though I bought in the DC metro area so that'll insulate things better than if I had bought elsewhere.
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Aug 14, 2019 22:40
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Nice and hot piss posted:I have every intention to buy a house if we get another amazing recession like we did in the past. Thankfully my job is tough to get rid of even in a recession since hospitals are mandated by joint commission/other agencies to have a house supervisor for a critical access hospital. The interest rates climbing offsets the low prices of the home. It's only a deal if you can buy cash. The normal folks get hosed again.
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Aug 14, 2019 22:41
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shooting in philly. several officers down.
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Aug 14, 2019 22:52
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Just remember early reports are always wrong detail wise.
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Aug 14, 2019 22:54
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looks like it might be a drug bust/raid and they started shooting at the officers
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Aug 14, 2019 22:55
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hope the market crashes and everyone loses their rear end
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Aug 14, 2019 23:01
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Proud Christian Mom posted:hope the market crashes and everyone loses their rear end I like my rear end
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Aug 14, 2019 23:05
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I'm unsure of how safe my job is. The business intelligence stuff we do is what clients really want, and work would grind to a halt if it all fell on my boss. But if it's bad enough everything will grind to a halt regardless. I was pretty insulated from the last recession because I was in pipeline training when it hit, then school and guard bumming while living at home until the worst of it was over.
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Aug 14, 2019 23:05
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I clearly remember a time when none of my friends had real jobs. I had just gotten out and was in school and was terrified that my GI bill was gonna get chopped and Id be homeless. I'm ok with not going through/putting people through that again. The rich don't suffer. They never do.
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Aug 14, 2019 23:15
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the company i work for just started a 4-5 year, 180km pipeline project so i should be okay
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Aug 14, 2019 23:17
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 They never gotta catch megamind!
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Aug 14, 2019 23:25
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I suppose one of the side effects of being insanely hosed up by the 08 crash is that I've tried my absolute best to isolate myself from it happening again. I live in a traditionally recession-insulated part of the country. My job is highly skilled, always in demand, and cannot be automated by machines. My employer has persisted through every crash in modern history with minimal effects. I've reduced as much of my private-sector debt as possible over the last few years and have considerable lines of credit. I'm sitting on a pile of cash like a goddamn dragon. And I have my disability income to staunch the bleeding. So it's going to completely own when this next crash happens and I still somehow get totally owned.
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Aug 14, 2019 23:27
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Our current poo poo-ministration has already hosed things up so bad and so deeply that it's inevitable things are going to go to poo poo, and hard. All I really want is for the crash to happen on Strong Daddy's watch so the mouth breathing idiots that only ever politically respond to themselves getting directly hosed over don't have anyone else to blame. 30%-ish of the country are just lost causes and will gleefully blame it on someone darker than a paper bag, but Republican propaganda is gonna land really flat with people outside of the CHUD-o-sphere if he's actually in charge when everything he's done blows up. If they successfully kick the can down the road long enough that it ends up on someone else's watch there's a lot of really dumb people that will buy the bullshit smokescreen that he didn't actually do the damage he's done.
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Aug 14, 2019 23:36
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Weird flex, but ok. (edit - I meant Vas) I will be retiring in the next 18 months and looking to move states and buy a house. Hope things are still ok then.
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Aug 14, 2019 23:36
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I'm a career federal employee at this point, working at a shipyard isn't bad, but I don't know how things would go if a recession really hit hard. I know we've been told our work is cut out for us for a few decades, but who knows how things will go. My fiance keeps wanting me to move to PA and leave federal employ, but gently caress that. With as bad of an outlook I have on the future, being a new employee of a private employer when a recession hits is an absolute no thanks.
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Aug 14, 2019 23:40
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re: Philly
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Aug 14, 2019 23:41
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Just gonna buy land in the middle of nowhere, an old tractor and a shitload of rusted rear end implements to dig out my earthship. Handsome Ralph posted:Lol don't worry I just did it for you. How's the insulation against ss-18s?
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Aug 14, 2019 23:52
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CRUSTY MINGE posted:How's the insulation against ss-18s? I look forward to being either a super mutant or ghoul NPC in an upcoming Fallout game.
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Aug 14, 2019 23:56
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i'll be the skeleton in the bathtub with a bunch of beer bottles flipping off whomever finds my corpse
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Aug 14, 2019 23:57
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I didn't realize the philly shooting was still ongoing. poo poo.
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Aug 15, 2019 00:03
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it's not really a shooting per say i mean yes, there's gunfire being exchanged which meets the literal definition of a shooting but from what it sounds like they served a warrant to a drug house or whatever and whoops, they're armed to the teeth standard 'current event poo poo changes' rule applies
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Aug 15, 2019 00:06
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Apparently there's a cop locked inside the building where the gunman is Edit: also ??? https://twitter.com/GretaLWall/stat...ingawful.com%2F
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Aug 15, 2019 00:07
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Gloom tube feed. https://www.youtube.com/watch?v=pLPqjxKVYlU
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Aug 15, 2019 00:09
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bird cooch posted:I clearly remember a time when none of my friends had real jobs. I had just gotten out and was in school and was terrified that my GI bill was gonna get chopped and Id be homeless. The rich have wealth managers that have already hedged their assets and secured a net short position. The people whose 401ks rely on index funds will get turbo hosed.
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Aug 15, 2019 00:50
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https://twitter.com/sblackmoore/sta...ingawful.com%2F Pfizer probably: If we infect everyone with ebola we will be rich
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Aug 15, 2019 01:11
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Hot Karl Marx posted:https://twitter.com/sblackmoore/sta...ingawful.com%2F Clancy strikes again!
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Aug 15, 2019 01:43
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It's probably a bad sign for my mental health that I immediately assumed this is somehow actually bad news because the vaccine is actually made from endorphins harvested from dying Ugandan LGBT children or the manufacturing process is powered by a forsaken child.
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Aug 15, 2019 01:59
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Vincent Van Goatse posted:It's probably a bad sign for my mental health that I immediately assumed this is somehow actually bad news because the vaccine is actually made from endorphins harvested from dying Ugandan LGBT children or the manufacturing process is powered by a forsaken child. My cynicism went for the late stage capitalism route. Pharmacy groups are such pure, uncut evil I figured they'd find a way to corrupt it.
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Aug 15, 2019 02:09
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Venture industries is back on top you say?
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Aug 15, 2019 02:10
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Hot Karl Marx posted:Pfizer probably: If we infect everyone with ebola we will be rich There's not enough vaccine to go around, and the underclasses are starting to get...desperate.
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Aug 15, 2019 02:15
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psydude posted:The rich have wealth managers that have already hedged their assets and secured a net short position. The people whose 401ks rely on index funds will get turbo hosed. Yup. Anyone hoping for a bad recession or a depression can get hosed. The stock market going down significantly is certainly going to impact the wealthy, but their wealth is so diversified into so many areas (bonds, different stocks, real estate, businesses, art, gold) that they will easily ride out the storm, and they will be in a perfect position to buy stuff like property and housing and stocks when the prices are really low throughout the recession. 5 years after the recession, they're more wealthy than they ever were before. The average worker is going to be hosed. Unemployment will increase dramatically, and if Trump is still in charge, they'll get little to no help. Underemployment will be an even bigger issue than it is now. The entire middle class is going to be hosed. Every state is going to be hosed. Every pension system, state retirement system, company retirement system, individual 401k, 403b, is going to be hosed for 10+ years after. State pension systems are still recovering from the 2008 Financial Crisis. Benefits, safety nets, and public services will be slashed across the country. It will not be a fun time.
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Aug 15, 2019 02:25
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| # ? Jun 1, 2024 13:22 |
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That's pretty much what's happening now
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Aug 15, 2019 02:33
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