[Doomsday Economics] Home of Kirbeh's FREE SLICE ($35 delivery fee)

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(Thread IKs: skooma512)

Pepe Silvia Browne: Jan 1, 2007

shrike82 posted:

https://twitter.com/unusual_whales/status/1692136943063052356?s=20

blimey!

# ? Aug 17, 2023 13:09

Adbot: ADBOT LOVES YOU

# ? May 30, 2024 13:40

RealityWarCriminal: Aug 10, 2016

Paradoxish posted:

The PPP loans were insanely bad and we're basically never, ever going to grapple with that as a society.

ppp loans have hosed up more countries than just your own friend

# ? Aug 17, 2023 13:12

VitalSigns: Sep 3, 2011

a_gelatinous_cube posted:

His skin looks like poo poo, all those pictures are just photo filters. I watched some youtube vid going through his routine and all his skin has a purple/orange pallor and has some weird rear end chicken skin wrinkles on it that looks really hosed up.

Oh really?

It's great that he has a retinue of bullshitting wizards reassuring him that he isn't wasting his brief time on earth torturing himself with immortality treatments.

"Is this working. When will I look 18 again"
"Oh that's not necessary my liege. Your...uh...blood age went down another year this year. You have 18 year old blood already. "

# ? Aug 17, 2023 13:28

Pittsburgh Fentanyl Cloud: Apr 7, 2003

gradenko_2000 posted:

https://twitter.com/jwilcox79/status/1689125109213147136

Medicaid wasn�t expanded!!! They just quit gatekeeping it for a while!!!

# ? Aug 17, 2023 13:52

Chad Sexington: May 26, 2005; I think he made a beautiful post and did a great job and he is good.

triple sulk posted:

things are so bad right now and people who were fortunate enough to not be laid off have zero clue

I got to the end of a hiring process for a lateral move job at a bigger, better org and they balked at my salary ask and said the cap was just below what I was making this year. Oh well, I say to myself, guess it wasn't meant to be.

Yesterday informed that current employer is implementing a hiring freeze (it's been frozen for six months, but sure implement it now), the budget is NOT FINALIZED and still several million short. And they're trying to right the ship without making "personnel decisions" but dot dot dot

Needless to say, I emailed the other place yesterday like, "What's a few thousand between friends!?"

# ? Aug 17, 2023 13:59

i am harry: Oct 14, 2003

bonelessdongs posted:

https://www.youtube.com/watch?v=58rZylfxnjE
Props to him for putting in all this effort to ascend to the Bog throne instead of making an account on lookism and hitting his face with a hammer like a normal person

this man�s whole house the entire thing is as palid as his skin

# ? Aug 17, 2023 14:07

spacemang_spliff: Nov 29, 2014; wide pickle

bonelessdongs posted:

https://www.youtube.com/watch?v=58rZylfxnjE
Props to him for putting in all this effort to ascend to the Bog throne instead of making an account on lookism and hitting his face with a hammer like a normal person

jesus christ they're all lizard people lol

quit saying "naughty" it makes a normal persons skin crawl

# ? Aug 17, 2023 14:10

fits my needs: Jan 1, 2011; Grimey Drawer

mamma mia

https://twitter.com/WSJ/status/1692161866099757491?s=20

# ? Aug 17, 2023 14:13

Gwyneth Palpate: Jun 7, 2010; Do you want your breadcrumbs highlighted?

~SMcD

my dude there's been fake parmesan cheese made of sawdust on the shelves for decades

# ? Aug 17, 2023 14:16

Justin Tyme: Feb 22, 2011

Weka posted:

That's 30-40 years old and they look like they cost about 30 grand.

Virgin 30 grand surplus g-wagens vs the chad 5 grand surplus humvees

# ? Aug 17, 2023 14:23

Real hurthling!: Sep 11, 2001

if it tastes like good parm i dont care if my idiot distant cousins made it or not and would like to not eat a computer

# ? Aug 17, 2023 14:23

Mustached Demon: Nov 12, 2016

bill gates trying mind control chips out on italians

# ? Aug 17, 2023 14:25

Real hurthling!: Sep 11, 2001

can you grate a microchip over bucatini?

# ? Aug 17, 2023 14:26

Wrex Ruckus: Aug 24, 2015

In the UK they call them edible microcrisps

# ? Aug 17, 2023 14:30

Nodelphi: Jan 30, 2004; We are all quite capable of believing in anything as long as it's improbable.; Ham Wrangler

Man I used to think we�d get cool cybernetics in the future but now that it�s here all we get is microchip pizza.

# ? Aug 17, 2023 14:32

Cold on a Cob: Feb 6, 2006; i've seen so much, i'm going blind
and i'm brain dead virtually; College Slice

Wrex Ruckus posted:

In the UK they call them edible microcrisps

# ? Aug 17, 2023 14:34

F_Shit_Fitzgerald: Feb 2, 2017

gradenko_2000 posted:

https://twitter.com/jwilcox79/status/1689125109213147136

All things that Trump did and the democrats subsequently nixed once they were in office.

# ? Aug 17, 2023 14:39

Father Wendigo: Sep 28, 2005; This is, sadly, more important to me than bettering myself.

fits my needs posted:

mamma mia

https://twitter.com/WSJ/status/1692161866099757491?s=20

The microchips in the vaccines were just a false flag, now there's nothing stopping the illuminati from classifying every foodstuff as nachos.

# ? Aug 17, 2023 14:42

Dr. VooDoo: May 4, 2006

fits my needs posted:

mamma mia

https://twitter.com/WSJ/status/1692161866099757491?s=20

I only each cheese with non-GMO microchips

# ? Aug 17, 2023 14:57

ArmedZombie: Jun 6, 2004

fits my needs posted:

mamma mia

https://twitter.com/WSJ/status/1692161866099757491?s=20

it's almost like rules of origin protection are a scam :thunkher:

# ? Aug 17, 2023 15:02

Wraith of J.O.I.: Jan 25, 2012

some good actual ~Doomsday Economics~ reporting from the FT

one of my immediate takeaways whenever reading this kind of stuff is that the west/USA needs to vastly vastly VASTLY scale back meat production + consumption, but there is obviously so so much more required...... daunting and depressing stuff

quote:

Lex in depth: how investors are underpricing climate risks
The costs of inaction on global warming are potentially vast and often not sufficiently factored in to asset values
Vanessa Houlder and Nathalie Thomas

The world is reeling from record-breaking heatwaves, wildfires and rainfall. Devastating floods have ravaged northern China. Wildfires have ripped through Canada, southern Europe and, in recent days, the Hawaiian island of Maui.

The human toll from these disasters, which experts say are becoming more common and more intense due to human-induced climate change, can be counted first of all in the thousands of lives lost.

But it can also be measured in the economic value destroyed, and potentially created, as governments shift policies to contain or mitigate the climate crisis. In a world that is rapidly becoming more vulnerable to extreme weather events, outdated assumptions about asset values also need recalibrating.

The big danger is of a �climate Minsky moment�, the term for a sudden correction in asset values as investors simultaneously realise those values are unsustainable.

So far, businesses and investors have paid less attention to the physical effects of climate change and more to the costs and risks of decarbonising, as the world tries to limit the rise in average global temperatures. The former is discussed half as frequently as the latter in US corporate disclosures, according to the Brookings think-tank.

Equities have not priced in climate change risks, research by the IMF and others has repeatedly shown.�

The perceived remoteness of risks such as sea level rises is one explanation. Another is the formidable difficulty of mapping interactions between the economy and greenhouse gas emissions. Nobel Prize winner William Nordhaus, who began modelling climate change as far back as 1975, describes this as the thorniest problem of all. Assessing abatement costs is �simple stuff� by comparison, he says.�

Vast computing power is trying to solve the conundrum. The data group Cambridge Econometrics and Ortec Finance recently crunched numbers for Singapore�s GIC. The sovereign wealth fund�s long-term investment horizon � and the city-state�s vulnerability to flooding � make it unusually mindful of climate risks. It wanted to know how a portfolio composed of 60 per cent global equities and 40 per cent bonds would fare under varying climate policies.

In a �net zero� scenario involving ambitious decarbonisation, cumulative returns over 40 years were 10 per cent lower than a baseline that assumed no climate change. The most pessimistic outcome was a �failed transition� that put the world on course for a rise of more than 4C from pre-industrial levels by 2100. Cumulative returns were then nearly 40 per cent lower than the baseline, though some feel the outcome could be much worse than that given the unknowable levels of disruption that such a rise might trigger.

Investors �may be surprised by the underperformance� of the hypothetical portfolio, says GIC. The message is clear: investors ignore long-term climate risks at their peril.

Grains of truth

Agriculture is among the most vulnerable sectors. Morgan Stanley estimated in a report last year that at least 44 per cent of wheat, 43 per cent of rice, 32 per cent of maize and 17 per cent of soyabean production comes from at-risk areas. Climate change-induced disasters could put at least $314bn of annual production in jeopardy.

Companies that produce detailed analysis of climate risks are increasingly alert to the potential for sharp increases in commodity prices. Unilever estimates that extreme weather events could increase palm oil prices by 12-18 per cent by 2050, depending on the extent to which rising temperatures can be limited, and other food and commodities ingredients by 14-21 per cent.

The impact would be unevenly spread. Some cold countries might become more productive. The cultivation of certain crops has already migrated northwards, to cooler climates. Warmer temperatures helped Russia to become the world�s top wheat exporter last decade. Prior to the Ukraine war, scientists named it and Canada as new global agricultural frontiers. Climate change has enabled vineyards in regions such as the UK and Denmark.

Food insecurity is�exacerbated by water shortages. Agriculture accounts for about 70 per cent of freshwater consumption globally, although in regions such as Asia it can be higher. Already 2bn people lack access to clean, safe drinking water. By 2030, demand for freshwater is forecast to exceed supply by 40 per cent.

Areas that once took water for granted are coming to terms with shortages. �For us in Europe, water scarcity was something that affected others and now it�s hitting us,� says Vincent Caillaud, chief executive of water technologies at Veolia, the French water group.

Industry is also reliant on dwindling water resources. Moody�s estimates that as much as half of the chemical sector�s global assets are exposed to water stress. German industry�s use of the Rhine for cooling and transport has been repeatedly jeopardised by droughts. Low water levels in 2018 cut profits at chemical giant BASF by �250mn.

Liquid assets

Too much water can cause as much havoc as too little. Around a fifth of computer and electronics factories in Asia are in flood-prone areas, according to Moody�s. ON Semiconductors shut one production site hit by disastrous 2011 Thailand floods because of �excessive� reconstruction costs.

Preventive action lowers risks. The world�s largest contract chipmaker, TSMC, has raised the foundations of newly built fabrication plants in Taiwan by two metres.

Of all the climate risks, flooding is most straightforward to analyse. But that does not mean it is priced in. Recently published research suggested that US residential properties exposed to flood risk are overvalued by between $121bn and $237bn. In some counties bordering the Gulf and Atlantic coasts, properties are likely to be overvalued by more than 10 per cent on average, their owners falsely comforted by out-of-date federal flood maps and government-subsidised insurance.�

Wildfires are another source of mounting anxiety. They were recently highlighted by Dave Burt, one of the �Big Short� investors who correctly anticipated chaos in the US subprime mortgage market in the 2000s. In evidence to a Senate committee, he said insurance premiums for wildfire protection were just $1.5bn in 2021; damages were six times bigger. A move by insurers to close that gap could result in a drop of up to $495bn in property values, he said.�

Once cyclones and chronic risks such as drought, heat and sea-level rises are factored in, San Francisco emerges as one of the areas most economically exposed, according to a Moody�s assessment. Idaho�s state capital, Boise, and Nashville, Tennessee are among the safest. Such forecasts provide an insight into likely migration patterns within the US in the second half of this century. The consequences for the Bay Area�s sky-high real estate values and its tax base will be significant.

Globally, the movement of people away from hard-hit areas is likely to be on a far bigger scale. More than 20mn people a year on average have been displaced by extreme weather-related events since 2008. By 2050, as many as 1.2bn could be uprooted by climate change, according to the Institute for Economics and Peace think-tank.

Sovereign bonds are already registering the financial consequences of these trends. Nations facing a greater projected change in physical risks pay higher spreads for long-term debt financing, according to the IMF. It suggests that bond investors have more incentive to price in climate risks because a creditor country�s physical infrastructure assets are more likely to be directly affected.

A simulation of the effect of climate change on sovereign credit ratings for 109 countries suggested that climate-induced sovereign downgrades could happen as early as 2030, according to new research by economists from UEA and Cambridge university. China and India are among those facing the biggest reductions in creditworthiness.

Water clock

Damage will be mitigated by defences. Dykes have successfully protected the Netherlands, much of which is below sea level. Spending $50bn a year on flood defences for coastal cities could reduce expected losses of $1tn to some $60bn in 2050, researchers calculate. The wealthier the region, the better the chance of adequate defences. S&P recently upgraded Miami bonds to AA on this basis, even though the city expects the sea level to rise by up to 21 inches (53cm) by 2070.

Climate-savvy investors and entrepreneurs are spotting opportunities as industries and countries look to adapt. Innovations to mitigate the impact of future water shortages are an important theme. Gradient, a Boston-based business that has designed novel ways to treat industrial wastewater, became the first water tech start-up to achieve a $1bn valuation this year.

Desalination � the removal of salt from sea and other saline water � at present covers just 1 per cent of global freshwater demand.�The market is expected to grow by nearly 9 per cent annually between 2022 and 2027, according to consultancy Technovia. Industries such as mining are exploring its use.

So too are countries such as the UK, France and Italy that have not yet used desalination on a significant scale. �Water scarcity and the [climate] situation that has crystallised over the last couple of years are pushing the deployment of these technologies,� says Jos� D�az-Caneja, chief executive of Spanish conglomerate Acciona�s water business.�

But costs remain relatively high, and efficiency is low. One cubic metre of desalinated water can cost between 40 cents and $1 compared with 10-25 cents for the same measure of normal tap water. Its use for irrigation is limited as much agricultural land is far from coastal areas where desalination plants are located.

Ear for the long haul

Crop science is also attracting greater political and investor attention. Previously sceptical European countries are warming to gene-edited varieties engineered to withstand extreme temperatures and drought. Examples include a short corn requiring less water, which Germany�s Bayer hopes to introduce to markets such as the US this decade. Brussels has proposed loosening restrictions on some gene-edited crops. A change in EU rules is likely to lead to more research, according to Geoff Graham, vice-president of seed product development at Corteva.

Service industries will be forced to adapt. The evacuation of thousands of visitors from Greek islands ravaged by wildfires this summer was a stark reminder of how extreme heat threatens the tourism industry. For some tropical destinations such as the Maldives, rising global temperatures pose an existential threat. For southern Europe, intolerable summer temperatures will force writedowns of hotels and resorts in countries including Spain, Italy, Cyprus, Portugal, France and Greece.�

Southern destinations will try to minimise losses by marketing spring and autumn holidays, but the European Commission is surely underestimating impacts when it asserts that a massive 4C rise in global temperatures would reduce tourism demand in the Greek islands by just 9 per cent. Demand in cooler destinations such as the west of Wales could increase by as much as 16 per cent, the commission adds.�

Hoteliers and tour operators will expand cruise lines, which can flex itineraries around weather conditions, along with hotel capacity in northern Europe. The head of tour operator Tui suggested this month that destinations such as Belgium would become more popular.

Flawed forecasts

Skilful adaptation would soften the blow from climate change. It is rarely accounted for in climate models but is one reason to hope that the most bearish financial forecasts are too pessimistic.

Yet many models also omit factors that could make the outcomes far worse than predicted. Many assume that climate change does not slow gross domestic product growth. They do not take account of mass migration. Climate tipping points, such as thawing permafrost or an ocean circulation collapse, are rarely included.�

More fundamentally, the past is an unreliable guide to the future. Modellers typically use a quadratic function to plot the relationship between damages and temperatures. Some 2 per cent of output would be lost at�3C of warming, while 8 per cent of output would be lost at 6C of warming, according to Nordhaus�s 2016 model. There is great uncertainty about the potential effects of such large rises, but even so the credibility of those predictions looks weak.

It makes more sense to conduct a reverse stress test, argues a new report from the UK�s Institute and Faculty of Actuaries. This involves working backwards from an as-yet undefined temperature at which the world�s economy would plausibly cease to function. Using this logic, the report�s authors suggest that half the world�s GDP could be destroyed as early as 2070.

There is a cavernous gap between such cataclysmic forecasts and the modest impacts anticipated by pension funds and listed companies in their climate risk reporting. Consider, for example, the risk assessments regularly carried out for Shropshire county council, a local authority in the UK. As recently as 2020, it reported that its annualised portfolio returns would be hit by just 0.1 per cent over 30 years even as the world hurtled towards 4C of warming.

Discomfort blankets

There is growing unease that existing climate models may be providing a false sense of security. The UK Pensions Regulator recently raised concerns over scenario impacts that �seem relatively benign and appears to be at odds with established science�. Last November the Financial Stability Board warned that the scenarios used to assess risks to the financial system may understate climate vulnerability.�

An abrupt correction of asset values is possible once markets recalibrate the likely impacts of climate change, says the Carbon Tracker think-tank founder Mark Campanale. University College London professor Steve Keen also predicts such a �Minsky moment� and warns it will be �unpleasant, abrupt and wealth-destroying�.

There are powerful arguments why financial institutions should pay closer attention to the physical risks of climate change. Doing so might reduce the chance of sudden shocks and reinforce the case for mitigation. Moreover, it would improve the allocation of resources, deter building in flood zones and incentivise spending on climate-resilient infrastructure.

Focusing on the physical effects of poorly mitigated climate change might seem defeatist. But time is fast running out to decarbonise the economy. Investors have begun to price in the decarbonisation challenge. They need to start counting the considerable costs of inaction, too.

https://www.ft.com/content/899472a8-e5e2-4fde-bc91-7e548ba35294

# ? Aug 17, 2023 15:28

triple sulk: Sep 17, 2014

Chad Sexington posted:

I got to the end of a hiring process for a lateral move job at a bigger, better org and they balked at my salary ask and said the cap was just below what I was making this year. Oh well, I say to myself, guess it wasn't meant to be.

Yesterday informed that current employer is implementing a hiring freeze (it's been frozen for six months, but sure implement it now), the budget is NOT FINALIZED and still several million short. And they're trying to right the ship without making "personnel decisions" but dot dot dot

Needless to say, I emailed the other place yesterday like, "What's a few thousand between friends!?"

i had a stupidly prolonged process with a place where at the end i finally meet the owner who's a loving creep and asks me some not exactly illegal but really loving inappropriate questions. i got rejected for someone else. mind you i was comically overqualified for it, and i just need work because the market is so poo poo. even if they made an offer it wouldn't have surprised me if they low balled me to the tune of $40-50k less than i was making previously.

ghosting has been very bad lately for me, as well as doing an initial call and then hearing they're basically at the point of making an offer to someone. that could just be a cover up rather than growing a set and saying it's not a fit, but it's a very recent trend i haven't seen in previous months.

# ? Aug 17, 2023 15:37

Centrist Committee: Aug 6, 2019

Xaris posted:

iirc this wasn't entirely true. pancreatic cancer spreads really quickly and like 95%+ people die within several years of being diagnosed with it. most go out quick like swayze. if anything that he lived for like an extra 7 years is a testament to how much money can buy health

but yes he was certainly a dumb rear end. i think he would have died either way even on chemo

attempting to add nuance to billionaire clowning, user loses posting privileges for six hours

# ? Aug 17, 2023 15:56

net work error: Feb 26, 2011

Wraith of J.O.I. posted:

some good actual ~Doomsday Economics~ reporting from the FT

one of my immediate takeaways whenever reading this kind of stuff is that the west/USA needs to vastly vastly VASTLY scale back meat production + consumption, but there is obviously so so much more required...... daunting and depressing stuff

https://www.ft.com/content/899472a8-e5e2-4fde-bc91-7e548ba35294

Good content :thanks:

As usual there's very big problems but also plenty of opportunities to make money so I don't see much change coming along sadly.

# ? Aug 17, 2023 16:02

Gwyneth Palpate: Jun 7, 2010; Do you want your breadcrumbs highlighted?

~SMcD

i'm gonna short climate change

# ? Aug 17, 2023 16:04

net work error: Feb 26, 2011

It's very funny that it's obvious that doing things to reduce emissions, etc is both the simpler and cheaper option and is the one nobody with any real power wants to take. The numbers say it pretty clearly!

# ? Aug 17, 2023 16:05

Wraith of J.O.I.: Jan 25, 2012

net work error posted:

Good content

As usual there's very big problems but also plenty of opportunities to make money so I don't see much change coming along sadly.

gonna be very interesting to see how insurance starts adjusting coverage ��i mean we're already seeing that in FL and CA, but it's still v early days on this and it's going to get much more drastic. article references potentially HUGE drops in property values because of this, and it just seems like there's so much volatility coming that homeowners (esp red state ones) are not at all prepared for/aware of

# ? Aug 17, 2023 16:08

veepfake: Oct 21, 2005

In Training posted:

Are you asking if any human unlocked the secret of immortality?

yeah, like wouldn't there have been some old rear end in a top hat walking around forever with endless dementia? plus those guys were probs smarter than us, less capitalist brain

# ? Aug 17, 2023 16:18

bonelessdongs: Jul 17, 2019

In Training posted:

Are you asking if any human unlocked the secret of immortality?

There's one who did but the coward CCP refuses to open his tomb and let him out to finish the job

bonelessdongs has issued a correction as of 17:53 on Aug 17, 2023

# ? Aug 17, 2023 16:23

Wraith of J.O.I.: Jan 25, 2012

veepfake posted:

yeah, like wouldn't there have been some old rear end in a top hat walking around forever with endless dementia? plus those guys were probs smarter than us, less capitalist brain

# ? Aug 17, 2023 16:24

StratGoatCom: Aug 6, 2019; Our security is guaranteed by being able to melt the eyeballs of any other forum's denizens at 15 minutes notice

https://www.tumblr.com/trupowieszcz/725282746912620544/ublacklist-get-this-extension-for-firefox

Tangential, but if you wanna get some of the AI crap outta your google results, here's instructions for firefox, and the plugin works for chrome too I think.

# ? Aug 17, 2023 16:25

mawarannahr: May 21, 2019

fits my needs posted:

mamma mia

https://twitter.com/WSJ/status/1692161866099757491?s=20

they're injecting our medicine with microchips to feed us poison

# ? Aug 17, 2023 16:27

Chad Sexington: May 26, 2005; I think he made a beautiful post and did a great job and he is good.

net work error posted:

It's very funny that it's obvious that doing things to reduce emissions, etc is both the simpler and cheaper option and is the one nobody with any real power wants to take. The numbers say it pretty clearly!

cheaper for who? society? or the guy who wants to make his nut this quarter and not in 2030.

# ? Aug 17, 2023 16:27

Rectal Death Adept: Jun 20, 2018; by Fluffdaddy

https://twitter.com/WTAE/status/1690076897596628992?s=20
West Virginia based 150 location urgent care is firing all nurses in 3 weeks.

It's owned by Optum which is apparently needing some more of that infinite profit

https://twitter.com/MedicalQuack/status/1690220995695824898?s=20

# ? Aug 17, 2023 16:35

Turtle Sandbox: Dec 31, 2007; by Fluffdaddy

Iverron posted:

lmao just a big bin of insulin

55 gallon drum if insulin.

# ? Aug 17, 2023 16:38

Paradoxish: Dec 19, 2003; Will you stop going crazy in there?

Wraith of J.O.I. posted:

gonna be very interesting to see how insurance starts adjusting coverage ��i mean we're already seeing that in FL and CA, but it's still v early days on this and it's going to get much more drastic. article references potentially HUGE drops in property values because of this, and it just seems like there's so much volatility coming that homeowners (esp red state ones) are not at all prepared for/aware of

I've posted before about some family friends who bought a condo with major flooding issues in Florida because the realtor, previous owners, and HOA actively colluded to hide issues with the complex.

When they bought, the problem was limited to the parking area and was maybe a once or twice per month kind of thing. Now it's happening weekly, affecting landscaped portions of the common property, and beginning to affect some individual units. HOA keeps finding loopholes to avoid doing anything because once they act, it becomes a matter of record in their budget that prospective buyers will be able to easily see. Current owners who aren't directly affected are continuing to sell at crazy prices, and everyone else is saying nothing because they're still hoping they can eventually pass the bag off onto someone else.

So yeah, I dunno. Just one anecdote, but every time I talk to them I just hear "very slow, and then very fast" in the back of my head. Prices for units in that complex are going to remain incredibly high right until they instantly go off a cliff as everyone realizes they need to get out before their property values go to zero dollars.

# ? Aug 17, 2023 16:39

euphronius: Feb 18, 2009

lol a entire article on how the environment is an externality

# ? Aug 17, 2023 16:45

skooma512: Feb 8, 2012; You couldn't grok my race car, but you dug the roadside blur.

Rectal Death Adept posted:

https://twitter.com/WTAE/status/1690076897596628992?s=20
West Virginia based 150 location urgent care is firing all nurses in 3 weeks.

It's owned by Optum which is apparently needing some more of that infinite profit

https://twitter.com/MedicalQuack/status/1690220995695824898?s=20

I see they�ve discovered the secret to infinite profits: Fire everyone who isn�t senior management. The money goes to the top where it belongs and isn�t shared with any undeserving poors.

# ? Aug 17, 2023 16:48

Thoguh: Nov 8, 2002; College Slice

What does a doc in a box that doesn't have nurses even do? I thought having a couple nurses and one person that can prescribe stuff was their whole purpose. What's next, telemedicine places saying they don't do dick pills anymore?

# ? Aug 17, 2023 16:50

Adbot: ADBOT LOVES YOU

# ? May 30, 2024 13:40

Dr. VooDoo: May 4, 2006

Rectal Death Adept posted:

https://twitter.com/WTAE/status/1690076897596628992?s=20
West Virginia based 150 location urgent care is firing all nurses in 3 weeks.

It's owned by Optum which is apparently needing some more of that infinite profit

https://twitter.com/MedicalQuack/status/1690220995695824898?s=20

Have they said why they�re doing or what they intend to do or are they just hoping no one notices high school students during a summer job trying to take blood and poo poo while they hoard more money?

Oh wait it�s literally gonna be some minimum wage person entering in a description of a patient�s symptoms into ChatGPT and go based on that for treatment because the board fell for the AI bullshit, isn�t it?

# ? Aug 17, 2023 16:52

The Something Awful Forums > Discussion > C-SPAM > [Doomsday Economics] Home of Kirbeh's FREE SLICE ($35 delivery fee)

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