(Thread IKs:
skooma512)
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the thread gets focused when stuff happens right now we're between lightning strikes
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Jun 30, 2023 20:02
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spacemang_spliff posted:well start a new one or just ride out the derails No. It seems pretty appropriate to complain about how a thread isnt what it is supposed to be and how it isn't working right anymore in the economics thread. (USER WAS PUT ON PROBATION FOR THIS POST)
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Jun 30, 2023 20:03
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Xaris posted:fine here's some economic news: Biden is still draining the SPR to keep the gas prices artificially low https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=WCSSTUS1&f=W gonna lol when something happens where the reserve is actually needed and there's nothing there like how obama sold off all the PPE reserves and trump didn't refill and oops covid happened
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Jun 30, 2023 20:04
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skooma512 posted:I'm still incredulous the bottom hasn't fallen out already. Who is still out here going to restaurants and buying random crap all the time, the price of everything is up and I can't stand paying the elevated prices and avoid purchases as much as possible. I need to eat and my cat needs his meds and eye-poppingly expensive vet visits. spacemang_spliff posted:just ride out the derails 
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Jun 30, 2023 20:04
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In Training posted:Did they never refill this. They made some purchases, but they are still releasing more than purchasing due to past legislation requiring these releases.
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Jun 30, 2023 20:04
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actionjackson posted:they have a gay beer wtf is a gay beer? gay bear maybe?
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Jun 30, 2023 20:05
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https://twitter.com/BusinessInsider/status/1674802094174248960?s=20
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Jun 30, 2023 20:05
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Pepe Silvia Browne posted:I agree with you but I think that's where most people's heads are at. there are a ton of people I talk to at work who are very ambiently aware that everything is hosed but hey, 2-day delivery still works right? I have a sneaking suspicion that Biden admin is gonna pull the same strike breaking poo poo they did with rail workers on UPS if a strike actually seems close to happening. the private trucking routes will be declared important for national security or w/e and they'll delay negotiations for 6 months and then declare striking for truckers illegal or something. The economic impact is too damaging to even consider
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Jun 30, 2023 20:05
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In Training posted:Did they never refill this. If I remember correctly not only did we not refill it we sold a bunch of it too.
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Jun 30, 2023 20:05
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spacemang_spliff posted:I hope the scrotus just precipitated a recession and wall st crooks jumping out of windows
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Jun 30, 2023 20:06
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Xaris posted:I think it's pretty good on the mean, but it's sinusoidal in terms of goodness and dips and peaks with varying frequency and duration. it has always been like that Need a 100 day moving average on post quality to be certain.
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Jun 30, 2023 20:08
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Abner Assington posted:lol my man you’re acting as if those Wall Street crooks won’t get a massive government bailout when a recession kicks in i said i hope they die not that i think they will
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Jun 30, 2023 20:09
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Mr Hootington posted:No. It seems pretty appropriate to complain about how a thread isnt what it is supposed to be and how it isn't working right anymore in the economics thread. I would say student loans being restarted and someone getting stuck at the airport along with thousands of others due to corporate malfeasance is cogent to economics?
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Jun 30, 2023 20:09
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skooma512 posted:I would say student loans being restarted and someone getting stuck at the airport along with thousands of others due to corporate malfeasance is cogent to economics? Why are you this stupid?
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Jun 30, 2023 20:11
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one does not "discuss" economics, one only posts technical analysis
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Jun 30, 2023 20:12
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Mr Hootington posted:This thread is so bad now lol thread title
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Jun 30, 2023 20:14
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Mr Hootington posted:Why are you this stupid? thread title edit: oh wait yeah, the beer and generation derail. I already forgot those even happened but I can see what you mean now. skooma512 has issued a correction as of 20:42 on Jun 30, 2023 |
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Jun 30, 2023 20:14
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a dece six and a half figgies ain't what it used to be
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Jun 30, 2023 20:17
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spacemang_spliff posted:so like a basis point is just a fancy way of saying % right A basis point is .01% So when they say 25 basis points they mean .25%
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Jun 30, 2023 20:20
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DancingShade posted:The blood vessels in your eyes were probably bleeding from high blood pressure. Good luck! idk man I went to an opthamologist and he checked my eyes he didn’t mention seeing anything like that. That does sound scary though.
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Jun 30, 2023 20:21
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Azuth0667 posted:Lol, someone is angry they aren't ik anymore. Thread is fine, today is just a bad day. We need a month of red numbers We're due for some incredible content somewhen within the next 6 months, not everything is a blazing storm of lmao.
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Jun 30, 2023 20:26
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https://twitter.com/business/status/1674852057184862224?s=20
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Jun 30, 2023 20:32
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Xaris posted:I think it's pretty good on the mean, but it's sinusoidal in terms of goodness and dips and peaks with varying frequency and duration. it has always been like that I think we could definitely do without the pages-long derails about dumb bullshit that I invariably pgdwn through and which stifle discussion about the stuff that's actually happening like the airlines having a staffing strike or the Supreme Court announcing a massive recession is going to happen in October.
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Jun 30, 2023 20:34
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ESPN delenda est
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Jun 30, 2023 20:35
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Mr Hootington posted:Wall Street wants a recession for the lower classes so the lower classes lose the little bit of leverage they gained during covid. A good way of doing that is through debt peonage which will be going into overdrive now. Gotta punish labor for thinking they could get uppity the moment their betters loosened up the leash just a tiny bit. Grinding the working class's collective nose into the minimum-wage dungpile.
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Jun 30, 2023 20:36
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they got rid of jeff van gundy but kept fuckin mark jackson also how could espn possibly not be making money hand over fist? also also yeah generations derails suck don't do those
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Jun 30, 2023 20:45
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Mr Hootington posted:No. It seems pretty appropriate to complain about how a thread isnt what it is supposed to be and how it isn't working right anymore in the economics thread. the appropriate response would be to make posts that have a competitive advantage in this slack posting market, so get to it
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Jun 30, 2023 20:46
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Mr Hootington posted:Wall Street wants a recession for the lower classes so the lower classes lose the little bit of leverage they gained during covid. A good way of doing that is through debt peonage which will be going into overdrive now. Assuming the AI bubble doesn't pop and take down that 10ish percent it's grown things with it first, possibly catalyzing the long coming silicon valley crash.
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Jun 30, 2023 20:47
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Long thread of the breakdown on the preferred fed measure of inflstion. https://twitter.com/jasonfurman/status/1674766046387924993?t=EWh7p5ryYLGkeK3mnZagOA&s=19 Long story short is some ways of cutting it make it look like it is doing what the fed wants, but other ways make it look like it is still too high. Overall though it is probably still running too high. Fed will stay higher for longer on the rates.
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Jun 30, 2023 20:50
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Mr Hootington posted:Long thread of the breakdown on the preferred fed measure of inflstion. DICK WOLF did a podcast on the history of inflation measures once that I can’t find now. surprisingly it’s made up bullshit
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Jun 30, 2023 20:52
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Very cool Delaware! quote:AN ACT TO AMEND THE CHARTER OF THE CITY OF SEAFORD RELATING TO THE CITY'S ABILITY TO AUTHORIZE ARTIFICIAL ENTITIES, LIMITED LIABILITY CORPORATIONS' PARTNERSHIPS AND TRUSTS TO VOTE IN MUNICIPAL ELECTIONS HELD IN SEAFORD. "Progressives" Wilson, Neal, and Morrison voted for this lmao
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Jun 30, 2023 20:54
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Disney is gonna sell ESPN to Apple or Amazon
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Jun 30, 2023 20:54
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https://twitter.com/Reuters/status/1674861611306082324?s=20 (USER WAS PUT ON PROBATION FOR THIS POST)
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Jun 30, 2023 20:55
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So what happens to an economy when you inject half a trillion of debt assets in the market that are soon to become all delinquent
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Jun 30, 2023 20:59
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Mr Hootington posted:Long story short is some ways of cutting it make it look like it is doing what the fed wants, but other ways make it look like it is still too high. Overall though it is probably still running too high. Fed will stay higher for longer on the rates. They've already said there's two more rate hikes in the pipeline over the next two months. Unlikely to cut rates in 2024 (this is a lie).
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Jun 30, 2023 21:00
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Truniht posted:So what happens to an economy when you inject half a trillion of debt assets in the market that are soon to become all delinquent Number
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Jun 30, 2023 21:01
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Wraith of J.O.I. posted:where are your fave sours in mpls? Fair State is a unionized co-op so you should buy their stuff IMHO. Dunno if they have any sours right now.
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Jun 30, 2023 21:01
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Mr Hootington posted:No it hasn't. People keep saying this dumbshit. The thread was always driven by a handful of people posting and trying to talk about economic news while another handful just posted inane poo poo about how to become a landlord or why their mid 6 figgies isn't enough. you're confusing the thread with PFC. remove him and all those topics fade away
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Jun 30, 2023 21:01
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Raskolnikov38 posted:you're confusing the thread with PFC. remove him and all those topics fade away turn on your monitor. Seriously, quit grousing about the level of content, we'll all be enjoying more content then we really want not so far from now.
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Jun 30, 2023 21:02
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