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(Thread IKs: skooma512)
 
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webcams for christ
Nov 2, 2005

US Initial Jobless Claims should have been released almost an hour ago

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Beached Whale
Jun 27, 2009

The world as will and idea

webcams for christ posted:

US Initial Jobless Claims should have been released almost an hour ago

pretty sure they're released on the first friday of the month

Mr Hootington
Jul 24, 2008

I'M HAVING A HOOT EATING CORNETTE THE LONG WAY

Orvin posted:

I thought this was the general consensus of the thread. If the rest of the world pivots away from the dollar, and the US doesn’t start WW3 in response, the financial economy (only one that really matters to those with money) collapses pretty quick.

The consensus is it is happening but pretty slowly. A lot of the more reactionary finance people are crying that it is happening immediately and tomorrow you will have communist yuan!

Mr Hootington
Jul 24, 2008

I'M HAVING A HOOT EATING CORNETTE THE LONG WAY
The millennium of Asia.
https://twitter.com/DeItaone/status/1643961811627130884?s=19
https://twitter.com/FT/status/1643962522339246080?s=19

HallelujahLee
May 3, 2009

georgieva georgeia

Orvin
Sep 9, 2006




Mr Hootington posted:

The consensus is it is happening but pretty slowly. A lot of the more reactionary finance people are crying that it is happening immediately and tomorrow you will have communist yuan!

Ah, okay, that makes sense. So it’s more banging the drum to get started on the path to WW3. Because any other option to keep the dollar the world currency causes pain in the short term to those at the top. And that is not allowed.

Mr Hootington
Jul 24, 2008

I'M HAVING A HOOT EATING CORNETTE THE LONG WAY

webcams for christ posted:

US Initial Jobless Claims should have been released almost an hour ago

Oye! have some jobbies!
https://twitter.com/LizAnnSonders/status/1643956061425094656?t=ky25zuVs7Eig95Ka4M426Q&s=19
Revision upward in previous jobless claims. 🤔
https://twitter.com/BloombergTV/status/1643969276796186627?s=19

JAY ZERO SUM GAME
Oct 18, 2005

Walter.
I know you know how to do this.
Get up.


number?

Ardennes
May 12, 2002
Dollar is up and the market is moderately down, there are two camps at this point on the Fed.

Supposedly, employment numbers weren’t bad enough to impress the market.

Ardennes has issued a correction as of 15:14 on Apr 6, 2023

cool av
Mar 2, 2013

I don’t see why the people who matter wouldn’t be comfortably invested into RMB by the time anything really goes into effect dollar hegemony wise. No doomsday. You’re the doomsday.

Ardennes
May 12, 2002

cool av posted:

I don’t see why the people who matter wouldn’t be comfortably invested into RMB by the time anything really goes into effect dollar hegemony wise. No doomsday. You’re the doomsday.

Yeah, that and non-US real estate as well as precious metals and commodities.

Some people are going to scream at me but gold isn’t doing that bad.

Ardennes has issued a correction as of 15:13 on Apr 6, 2023

Skinnymansbeerbelly
Apr 1, 2010

morothar posted:

The problem is labor cost; fully loaded cost for even minimum wage is easily $20+ or even $30+. If 0.5-1.0 hrs of repair labor buy you a new item, it’s not worth it.

Hence why the only repairs left are for high-value items: phones, or higher-end shoes, denim etc.

This is why the key is finding an immigrant-run cobbler/tailor/etc who is willing to exploit their whole family for the business.

KirbyKhan
Mar 20, 2009



Soiled Meat
They out there stabbing tech bros

https://twitter.com/raphousetv2/status/1643602647054946304

They haven't found the stabber yet

Pittsburgh Fentanyl Cloud
Apr 7, 2003


KirbyKhan posted:

They out there stabbing tech bros

https://twitter.com/raphousetv2/status/1643602647054946304

They haven't found the stabber yet

Gosh, very sad.

F_Shit_Fitzgerald
Feb 2, 2017



anime was right posted:

I was a lib until I learned about universal healthcare

I had no excuse on that issue. Through most of the Obamna administration I was a lib; I defended him throwing Wright under the bus (despite Wright being 100% correct). I defended his lack of a platform. I even defended him reaching across the aisle because "the Republicans just aren't being reasonable!". Because I was a slow learner it wasn't until fairly deep in his second term that I began to finally get a clue.

August 12, 2017 (Charlottesville) is the crack-ping that finally, belatedly, made me a leftist.

Pittsburgh Fentanyl Cloud
Apr 7, 2003


Deepwater Horizon did me up real good, when Obama showed us that holding BP accountable meant dropping everything after the news cycle moved on.

chairface
Oct 28, 2007

No matter what you believe, I don't believe in you.

F_Shit_Fitzgerald posted:

I had no excuse on that issue. Through most of the Obamna administration I was a lib; I defended him throwing Wright under the bus (despite Wright being 100% correct). I defended his lack of a platform. I even defended him reaching across the aisle because "the Republicans just aren't being reasonable!". Because I was a slow learner it wasn't until fairly deep in his second term that I began to finally get a clue.

August 12, 2017 (Charlottesville) is the crack-ping that finally, belatedly, made me a leftist.

occupy was my crack ping. watching npr and msnbc repeat the same "wHaT aRe ThEy EvEn PrOtEsTiNg?!" poo poo as fox news.

msnbc during the trump years was another brick in the wall. ah yes, $250k of russian facebook ads is why hillary lost, definitely, sure, yup.

Penisaurus Sex
Feb 3, 2009

asdfghjklpoiuyt

Orvin posted:

I thought this was the general consensus of the thread. If the rest of the world pivots away from the dollar, and the US doesn’t start WW3 in response, the financial economy (only one that really matters to those with money) collapses pretty quick.

It would create a new world economic order that's unrecognizable to anyone alive.

The entire economic consensus post-WW2 is built on the US -- with the UK as a junior partner -- guaranteeing free flow of oil out of the Strait of Hormuz and in exchange the Kingdom of Saudi Arabia clears oil transactions in New York City and London.

One of the things to keep an eye on/one of the really interesting events in the future is if the KSA detaches from the dollar empire, does the US jump to defend its sovereignty if someone attacks a tanker in the strait?

Penisaurus Sex has issued a correction as of 15:33 on Apr 6, 2023

spacemang_spliff
Nov 29, 2014

wide pickle

Luke Groomin'

Canned Sunshine
Nov 20, 2005

CAUTION: POST QUALITY UNDER CONSTRUCTION



Penisaurus Sex posted:

if the KSA detaches from the dollar empire, does the US jump to defend its sovereignty if someone attacks a tanker in the strait?

Probably not, but I'm sure China would more than happily take over that responsibility.

sullat
Jan 9, 2012

Penisaurus Sex posted:

It would create a new world economic order that's unrecognizable to anyone alive.

The entire economic consensus post-WW2 is built on the US -- with the UK as a junior partner -- guaranteeing free flow of oil out of the Strait of Hormuz and in exchange the Kingdom of Saudi Arabia clears oil transactions in New York City and London.

One of the things to keep an eye on/one of the really interesting events in the future is if the KSA detaches from the dollar empire, does the US jump to defend its sovereignty if someone attacks a tanker in the strait?

Why would they defend against their own attack?

spacemang_spliff
Nov 29, 2014

wide pickle

Pittsburgh Fentanyl Cloud posted:

Deepwater Horizon did me up real good, when Obama showed us that holding BP accountable meant dropping everything after the news cycle moved on.

pretty much the whole of obama's presidency was a crack ping. man I bought into that poo poo hook line and sinker. I remember like thinking we were going to get universal healthcare and get out of dumb wars and actually start giving a poo poo about climate change lmao

never been so owned

Mr. Pool
Jul 10, 2001

Penisaurus Sex posted:

It would create a new world economic order that's unrecognizable to anyone alive.

The entire economic consensus post-WW2 is built on the US -- with the UK as a junior partner -- guaranteeing free flow of oil out of the Strait of Hormuz and in exchange the Kingdom of Saudi Arabia clears oil transactions in New York City and London.

One of the things to keep an eye on/one of the really interesting events in the future is if the KSA detaches from the dollar empire, does the US jump to defend its sovereignty if someone attacks a tanker in the strait?

if China gets its way all of Eurasian will be fed with overland pipelines and the US will be left holding their dick

is pepsi ok
Oct 23, 2002

My first inkling that things didn't work the way it was being presented to me was Obama and McCain suspending their campaigns late into the election season (October I think) to go meet with Bush over the financial crisis. The result of the meeting was that all 3 pledged to fully backstop the banks as needed.

I remember thinking waaaaaait a minute here, Bush wrecks the economy and the guy who has been running as a "maverick" because he's a different kind of republican from Bush, and the guy who has been running on hope and change as a complete break from the Bush years, all agreed to handle the crisis in exactly the same way? Hmmm.

Cpt_Obvious
Jun 18, 2007

spacemang_spliff posted:

pretty much the whole of obama's presidency was a crack ping. man I bought into that poo poo hook line and sinker. I remember like thinking we were going to get universal healthcare and get out of dumb wars and actually start giving a poo poo about climate change lmao

never been so owned

Same.

What finally broke me was Bernie getting hosed in 2020 cuz I was still in the "we can fix it through the polls!" mindset.

Mr Hootington
Jul 24, 2008

I'M HAVING A HOOT EATING CORNETTE THE LONG WAY

Penisaurus Sex posted:

One of the things to keep an eye on/one of the really interesting events in the future is if the KSA detaches from the dollar empire, does the US jump to defend its sovereignty if someone attacks a tanker in the strait?

I don't know if the USA will back itself or Isreal in this case because that is who would attack a KSA tanker in the strait.

Good Soldier Svejk
Jul 5, 2010

spacemang_spliff posted:

pretty much the whole of obama's presidency was a crack ping. man I bought into that poo poo hook line and sinker. I remember like thinking we were going to get universal healthcare and get out of dumb wars and actually start giving a poo poo about climate change lmao

never been so owned

Obama's drone and domestic spying programs are comparable to any of the evil Bush brought into the world.
Change my rear end

RealityWarCriminal
Aug 10, 2016

:o:

morothar posted:

The problem is labor cost; fully loaded cost for even minimum wage is easily $20+ or even $30+. If 0.5-1.0 hrs of repair labor buy you a new item, it’s not worth it.

Hence why the only repairs left are for high-value items: phones, or higher-end shoes, denim etc.

you can buy an old working sewing machine for like 100$ and learn to do repairs yourself. i do it for work clothes, which are getting torn often

fits my needs
Jan 1, 2011

Grimey Drawer

Cpt_Obvious posted:

Same.

What finally broke me was Bernie getting hosed in 2020 cuz I was still in the "we can fix it through the polls!" mindset.

bernie ftw

spacemang_spliff
Nov 29, 2014

wide pickle

Good Soldier Svejk posted:

Obama's drone and domestic spying programs are comparable to any of the evil Bush brought into the world.
Change my rear end

lmao that the chuds were right to call him an empty suit celebrity

Pittsburgh Fentanyl Cloud
Apr 7, 2003


Good Soldier Svejk posted:

Obama's drone and domestic spying programs are comparable to any of the evil Bush brought into the world.
Change my rear end

Obama's presidency being a continuation of the Bush years is exactly why so many youngish voters stayed home in 2016. They turned out in 2008 and got a big poo poo sandwich for their efforts, why bother next time

Zodium
Jun 19, 2004

spacemang_spliff posted:

lmao that the chuds were right to call him an empty suit celebrity

Only registered members can see post attachments!

Willa Rogers
Mar 11, 2005

chairface posted:

msnbc during the trump years was another brick in the wall. ah yes, $250k of russian facebook ads is why hillary lost, definitely, sure, yup.

And now it's that clinton lost bc Trump paid off a porn star, lol.

Tempora Mutantur
Feb 22, 2005

Good Soldier Svejk posted:

Obama's drone and domestic spying programs are comparable to any of the evil Bush brought into the world.
Change my rear end

he did it while ending racism in america, OP

hillary even paid all those people to do an acapella fart song about it

Azuth0667
Sep 20, 2011

By the word of Zoroaster, no business decision is poor when it involves Ahura Mazda.
It'd be awesome if we actually had local cobblers and tailors anymore :(.

shrike82
Jun 11, 2005

https://twitter.com/WSJ/status/1643969387408379907?s=20

Good Soldier Svejk
Jul 5, 2010


Speaking of "no one wants to work anymore", how about you put your body where your mouth is, pensioners

is pepsi ok
Oct 23, 2002

chairface posted:

msnbc during the trump years was another brick in the wall. ah yes, $250k of russian facebook ads is why hillary lost, definitely, sure, yup.

There was even a follow-up study done on this (published in Nature I think) which found no evidence that any of it influenced anyone or changed anyone's mind.

Not that you would need a study to show that Buff Bernie and anti-masturbation memes didn't influence an election, but still nice to have.

Willa Rogers
Mar 11, 2005


oh look, it's shrike doing a content-less poo poo-n-run again. :monocle:

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NeonPunk
Dec 21, 2020


Well of course the Olds have a better work ethics. Their brains has been marinated in capitalism propaganda for much longer than any other generations. Heck, I know some of them would gladly work for free if it means that the company can keep going

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