[Doomsday Economics] Home of Kirbeh's FREE SLICE ($25 delivery fee)

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(Thread IKs: skooma512)

Mandel Brotset: Jan 1, 2024

ArmedZombie posted:

bad for nimbys but good for developers. i'm conflicted.

*imbys and developers are products of the same system of private property. no party will permit a critique of capitalism and therefore the verdict is the same for all of them: guillotine

# ? Apr 12, 2024 17:23

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# ? May 25, 2024 11:49

Mustached Demon: Nov 12, 2016

Mandel Brotset posted:

*imbys and developers are products of the same system of private property. no party will permit a critique of capitalism and therefore the verdict is the same for all of them: guillotine

# ? Apr 12, 2024 17:24

Mr Hootington: Jul 24, 2008; I'M HAVING A HOOT EATING CORNETTE THE LONG WAY

Morbus posted:

I thought the general narrative there was "these rates will go up eventually and when they do, surely property values will come down" which, lol

Historically that is what happens. Alas nobody including the federal reserve realized how much excess funds are sloshing around at the top.

# ? Apr 12, 2024 17:25

triple sulk: Sep 17, 2014

Thorn Wishes Talon posted:

it certainly is nuts, but not unusual. many goons are calling a crash/"great recession" now lol

2024 is worse than 2008/09 for very, very different reasons

# ? Apr 12, 2024 17:31

Biplane: Jul 18, 2005

Nonsense posted:

All must collapse, Trillions must vanish. Chaos must reign

Inshallah

# ? Apr 12, 2024 17:35

ArmedZombie: Jun 6, 2004

Mandel Brotset posted:

*imbys and developers are products of the same system of private property. no party will permit a critique of capitalism and therefore the verdict is the same for all of them: guillotine

# ? Apr 12, 2024 17:51

Salt Fish: Sep 11, 2003; Cybernetic Crumb

Thorn Wishes Talon posted:

it certainly is nuts, but not unusual. many goons are calling a crash/"great recession" now lol

The thing about doomsday is it only needs to happen once.

# ? Apr 12, 2024 17:51

mawarannahr: May 21, 2019

FirstnameLastname posted:

a relative took me to Disney World once and every bottle of water was $4 it was 80�f+, 100% humidity, middle pf the summer, drinking fountains had warm water

drinking fountain has warm water in the summer?? what the gently caress

# ? Apr 12, 2024 17:56

Shear Modulus: Jun 9, 2010

uninterrupted posted:

I think most folks would go back to ~2015ish.

Pre trump
Food and drinks were affordable
Rent was low, houses were affordable
More or less identical modern convenience wise
Tinder was still good
Reddit was kinda funny

i would go back to whenever i could put all my money in apple stock and bitcoins

# ? Apr 12, 2024 17:57

nomad2020: Jan 30, 2007

Pittsburgh Fentanyl Cloud posted:

Hell, that's even what the experts told us

(now they're telling us that the minute interest rates come down house prices will skyrocket. apparently house prices just skyrocket no matter what.)

The same experts were telling you to bail on your mortgage in '08 too, in hindsight that should have tipped us off.

# ? Apr 12, 2024 17:57

Flavahbeast: Jul 21, 2001

Shear Modulus posted:

i would go back to whenever i could put all my money in apple stock and bitcoins

right now

# ? Apr 12, 2024 17:58

Rectal Death Alert: Apr 2, 2021

Number is red today and needs all of our energy

# ? Apr 12, 2024 18:43

Mandel Brotset: Jan 1, 2024

Rectal Death Alert posted:

Number is red today and needs all of our energy

lol if the market crashes despite it being illegal

# ? Apr 12, 2024 18:46

mawarannahr: May 21, 2019

wow.... Biden's good now

https://www.tiktok.com/embed/7355963813708991775

# ? Apr 12, 2024 19:05

net work error: Feb 26, 2011

https://twitter.com/FirstSquawk/status/1778848837169303696

# ? Apr 12, 2024 19:16

19 o'clock: Sep 9, 2004; Excelsior!!!

that�s impossible a very good realtor told me they would go back down very very soon

# ? Apr 12, 2024 19:20

the popes toes: Oct 10, 2004

Mr Hootington posted:

Historically that is what happens. Alas nobody including the federal reserve realized how much excess funds are sloshing around at the top.

Is that true? I recall that there were numerous articles about the incredible cash reserves of all the big players, the VC dudes, the "angel" investors and certainly the FAANG bros. All of them had infinite money looking everywhere for a big score, and then AI came along, and that took care of that problem.

# ? Apr 12, 2024 19:22

FirstnameLastname: Jul 10, 2022

mawarannahr posted:

drinking fountain has warm water in the summer?? what the gently caress

it was hotter than it was outside im pretty sure it wes roasting in uninsulated aboveground pipe on purpose lol

# ? Apr 12, 2024 19:28

Leroy Diplowski: Aug 25, 2005; The Candyman Can

Visit My Candy Shop

And SA Mart Thread

Everybody prognosticating on housing prices and interest but I reckon, if you have the means to buy a place and you can find one you like then move on it without fussing too much over what the situation is going be in a few years because no one loving knows. Especially not this thread.

# ? Apr 12, 2024 19:34

Jon Pod Van Damm: Apr 6, 2009; THE POSSESSION OF WEALTH IS IN AND OF ITSELF A SIGN OF POOR VIRTUE. AS SUCH:
1 NEVER TRUST ANY RICH PERSON.
2 NEVER HIRE ANY RICH PERSON.
BY RULE 1, IT IS APPROPRIATE TO PRESUME THAT ALL DEGREES AND CREDENTIALS HELD BY A WEALTHY PERSON ARE FRAUDULENT. THIS JUSTIFIES RULE 2--RULE 1 NEEDS NO JUSTIFIC

cgtn posted:

China aims to add over 25% investment for industrial equipment upgrades by 2027

The Chinese government has published specific goals and measures for industrial equipment upgrades in the latest attempt to expand effective investment and develop new quality productive forces.

According to an action plan jointly published by seven government departments, including the Ministry of Industry and Information Technology, the country will increase investment in industrial equipment by more than 25 percent by 2027.

And before 2027, the penetration rate of applying digital tools in R&D in major enterprises will exceed 90 percent, and more than 75 percent of key production processes will be numerically controlled, according to the action plan.

The document clarified that the focus of the plan is to accelerate the building of the modern industrial system and develop high-end, intelligent and environmentally friendly modern industries.

The action plan put stress on removing outdated equipment in sectors such as agriculture, construction machinery and electric bicycles. It encouraged high-tech companies in the fields of aviation, photovoltaics, power batteries and biological fermentation to be upgraded to more advanced equipment with higher efficiency and reliability.

It also emphasized digital transformation, saying the equipment upgrade will be promoted in areas such as numerically controlled machine tools, industrial robots and smart logistics. Smart factories will experience faster development with the intensive use of new technologies such as artificial intelligence, 5G and edge computing, the document said.

Meanwhile, the plan highlighted the expansion and application of energy-saving and environmentally friendly equipment in key industries such as construction, steel and nonferrous industries. In addition, there will be more widespread use of solid waste treatment and water-saving equipment in industries such as petrochemicals, textiles, papermaking, leather, and food.

The plan has pledged greater fiscal and financial support for the industrial equipment upgrades, saying there will be preferential tax policies for equipment that are environmental friendly and intelligent, and special re-lending programs will also be set up for technological innovation and upgrades. In addition, financial institutions will also be guided to strengthen middle and long-term credit support for equipment upgrades.

China has been advocating equipment renewal and trade-in of consumer goods after a meeting by the Central Commission for Financial and Economic Affairs (CCFEA) in February. It has made intensive arrangements with nine central government departments including the Ministry of Commerce, jointly publishing a notice on improving China's recycling system in late February and the State Council making detailed arrangements in March for its implementation.

Experts say industrial equipment and durable consumer goods in China have vast space to be replaced and the initiative could not only stimulate consumption and investment but could also improve resource allocation, contributing to the green and sustainable development of industrial structures.

Official data indicates a great demand for equipment renewal in China. According to Zheng Shanjie, head of the National Development and Reform Commission, equipment investment in China's industrial, agricultural and other key areas was about 4.9 trillion yuan ($681.3 billion) in 2023, and he estimated that updating the equipment would create a huge market with an annual scale of more than 5 trillion yuan (about $695 billion).

# ? Apr 12, 2024 19:35

RealityWarCriminal: Aug 10, 2016

goons thought housing construction would match up with population growth. what absolute fools

# ? Apr 12, 2024 19:52

mawarannahr: May 21, 2019

FirstnameLastname posted:

it was hotter than it was outside im pretty sure it wes roasting in uninsulated aboveground pipe on purpose lol

guess what:

7 REASONS WHY HOT TEA COOLS YOUR BODY BETTER THAN COLD WATER IN SUMMER. - The Tea Crane

www.the-tea-crane.com - Wed, 06 Jul 2016 posted:

Why we should drink hot drinks instead of chilled drinks on hot days? 7 reasons that will change how you look at that chilled glass of water in summer.

## 1. HOT TEA�COOLS YOU DOWN.

This may sound like the biggest paradox: ice actually triggers your body to heat up. When we drink cold water in summer, our bodies have to compensate for the difference in temperature by heating up more, which leads to even more overheating and related conditions like sunstroke and dizziness. Drinking warm drinks allows the body to relax, calm down, and cool itself down to a normal homeostatic temperature (equilibrium) without needing to compensate for the difference in temperature.

Drinking a hot drink does result in a lower amount of heat stored inside your body, provided the additional sweat that�s produced when you drink the hot drink can evaporate. The increased rate of perspiration is the key. Although sweat may seem like a nuisance, the body perspires for a very good reason. When sweat evaporates from the skin, energy is absorbed into the air as part of the reaction, thereby cooling the body. A larger amount of sweat means more cooling, which more than counteracts the small amount of heat contained in a hot beverage relative to the entire body.

The caveat is that your sweat must fully evaporate in order to produce the desired cooling effect. If you�re exercising hard, or wearing too many clothes, or in a very humid environment, you may produce sweat more quickly than it can evaporate, in which case it is no longer desirable to ramp up your sweat rate further.

## 2. WARM DRINKS�HELP YOU DIGEST.

In hot, humid, summer weather, our bodies can accumulate too much internal �heat� and �damp� energy that can become pathogenic and cause illness. The digestive organs are particularly vulnerable to this.

Drinking ice water or cold water hampers the process of digesting food as it causes your blood vessels to shrink. This restricts blood flow to the digestive system, in effect weakening our digestive function. Sipping warm tea during and after meals helps to keep your digestive organs fully functional.

Moreover, as the food is not digested properly, the nutrients are lost or not absorbed by the body.

## 3. IT HELPS YOU TO ABSORB MORE NUTRIENTS.

When due to the intake of cold beverages, the activity of your digestive system is lowered, the amount of nutrition you receive from the food you ate is harmfully decreased. Moreover, since the body�s temperature is 37 degrees Celsius, drinking something at a very low temperature, your body has to spend energy to regulate its temperature. This spent energy is otherwise used to digest food and absorb nutrients, thereby leaving your body short of nutrition.

## 4. IT KEEPS YOUR IMMUNE SYSTEM STRONG.

Warm beverages promote circulation and nutrient absorption in the body. Consuming cold drinks speed up the gastrointestinal tract, so organs cannot properly absorb nutrition. Over time, if the body isn�t receiving sufficient nutrients needed for growth and repair, organs become more vulnerable to coldness and related illnesses.

## 5. IT KEEPS YOUR LUNGS HEALTHY.

Yes, a warmer body means healthier lungs. Lung disease is not just related to smoking and genetics. Long term accumulation of cold in the body can really weaken lung function to the point of developing chronic dis-eases like sinus infections, allergies, hay fever and asthma. The stomach is the �mother� of the lung; a strong stomach is needed for healthy lung function. On a more immediate level, excessive cold entering the body also causes blood vessels in the throat to constrict. This is caused by the buildup of respiratory mucosa, which is a protective layer of the respiratory tract. When this layer gets congested, the respiratory tract is exposed and becomes vulnerable to various infections and hence the chances of your throat turning sore are raised.

## 6. IT PROMOTES A HEALTHY BLOOD FLOW AND REPRODUCTIVE SYSTEM.

Drinking warm beverages promotes healthy blood flow. Excessive consumption of cold water can negatively affect the reproductive system, causing menstrual disorders, cramps and eventually impaired physiological functions like infertility. Over-accumulation of cold also creates moisture and dampness: the perfect conditions for things like bacteria, Candida, and parasites.

## 7. COLD DRINKS DECREASE YOUR HEART RATE.

Drinking ice water or cold water decreases your heart rate. Studies have shown that drinking ice water stimulates the vagus nerve. The vagus nerve is the 10th cranial nerve and is an important part of the body�s autonomous nervous system that controls involuntary actions of the body. The vagus nerve mediates the lowering of the heart rate and the low temperatures of ice-cold water act as a stimulus to the nerve, which causes the heart rate to drop.

As an all-over conclusion, I think that we can state that, while chilled drinks are simply more harmful and place a larger burden on the body, a hot cup of tea on a hot day can be refreshing, while it is also gentle to your body.

Are you open to try a refreshing cup of hot tea with me?

# ? Apr 12, 2024 19:58

19 o'clock: Sep 9, 2004; Excelsior!!!

RealityWarCriminal posted:

goons thought housing construction would match up with population growth. what absolute fools

turns out there�s very little profit in that

on an unrelated note: where did all these homeless people come from? we should make laws against it.

# ? Apr 12, 2024 20:01

Xaris: Jul 25, 2006; Lucky there's a family guy
Lucky there's a man who positively can do
All the things that make us
Laugh and cry

19 o'clock posted:

we should make laws against it.

we already did, it�s now illegal to be homeless in Florida and Tennessee. Oregon and Washington are next to ban it

# ? Apr 12, 2024 20:02

Mandel Brotset: Jan 1, 2024

Xaris posted:

we already did, it�s now illegal to be homeless in Florida and Tennessee. Oregon and Washington are next to ban it

meanwhile commiefornia is doing its best to create the prison system from andor via involuntary medical incarceration

# ? Apr 12, 2024 20:09

19 o'clock: Sep 9, 2004; Excelsior!!!

Xaris posted:

we already did

what a relief!

# ? Apr 12, 2024 20:10

Business Gorillas: Mar 11, 2009

mawarannahr posted:

guess what:

7 REASONS WHY HOT TEA COOLS YOUR BODY BETTER THAN COLD WATER IN SUMMER. - The Tea Crane

You can hack this by microwaving your beer before you drink it

# ? Apr 12, 2024 20:15

Majorian: Jul 1, 2009

Mandel Brotset posted:

meanwhile commiefornia is doing its best to create the prison system from andor via involuntary medical incarceration

Look, the whole homelessness epidemic in CA started because Reagan defunded all the psychiatric hospitals; ergo, the only way to stop it is to get a giant butterfly net, scoop them all up, and plop them back into the mental health centers. Bing bong, so simple!

# ? Apr 12, 2024 20:17

SirPablo: May 1, 2004; Pillbug

Mustached Demon posted:

wtf how

Extremely lucky with several moves over the past 15 years.

# ? Apr 12, 2024 20:26

Mustached Demon: Nov 12, 2016

SirPablo posted:

Extremely lucky with several moves over the past 15 years.

well at least you understand it's luck not how hard you work or skill

# ? Apr 12, 2024 20:39

The Oldest Man: Jul 28, 2003

Mustached Demon posted:

well at least you understand it's luck not how hard you work or skill

easy test to tell if someone is just privileged or privileged and a complete piece of poo poo to boot

# ? Apr 12, 2024 20:43

Danny LaFever: Dec 29, 2008; Grimey Drawer

mawarannahr posted:

wow.... Biden's good now

https://www.tiktok.com/embed/7355963813708991775

Does this cover pharmaceutical grade? I need to know.

# ? Apr 12, 2024 20:45

Xaris: Jul 25, 2006; Lucky there's a family guy
Lucky there's a man who positively can do
All the things that make us
Laugh and cry

lol it�s funny when vulture capitalism eats itself so badly that even grotesque money baggers get mad

quote:

-- Whitestone REIT received notice that Erez Asset Management, LLC ("Erez") has nominated two candidates to stand for election to the Board of Trustees of Whitestone REIT (the �Whitestone Board�) at the 2024 annual meeting. The Whitestone REIT Nominating and Governance Committee (�the Committee�) has conducted a comprehensive review and evaluation of Erez candidates Bruce Schanzer and Catherine Clark. Our review and evaluation process included individual interviews with both candidates (and an additional interview with a third Erez candidate, who has withdrawn his candidacy), a thorough review of the backgrounds and track records of both candidates, and responses to our follow-up questions post interviews�.

�will not nominate either candidate. During their interviews, neither candidate recommended any changes to the Company�s business or financial strategy, or its corporate governance. Furthermore (and surprisingly), neither displayed more than a cursory understanding of Whitestone�s portfolio, its markets, or its business strategy during their interviews. Both remained fixated on Mr. Schanzer�s original and vague proposal advocating for �a sale of assets or of the company outright� as the only way to generate shareholder value.

Despite our superior performance, Erez Asset Management (�Erez�), a new opportunistic asset manager with a very limited track record, is attempting to disrupt our progress. Instead of proposing constructive ideas to build on our progress and further enhance value for all shareholders, Erez has demanded a change in Whitestone�s Board with the sole purpose of embarking on an immediate sale or liquidation of our Company without offering any substantive operational, financial or strategic ideas for improvement. While the Whitestone Board is open to all avenues to drive shareholder value, including evaluating a sale of the Company, given the current financial market conditions and in light of the momentum our Company is realizing, we believe that Erez is prioritizing short term gains at the expense of long-term value creation. Erez has nominated two individuals, Bruce Schanzer and Catherine Clark. Our Board thoroughly evaluated and interviewed each candidate and concluded that they lacked additive skills and have no history of creating shareholder value at other companies they have been affiliated with. The facts could not be clearer: Erez�s campaign is not in the best interest of all shareholders.

# ? Apr 12, 2024 20:51

Willa Rogers: Mar 11, 2005

Majorian posted:

Look, the whole homelessness epidemic in CA started because Reagan defunded all the psychiatric hospitals; ergo, the only way to stop it is to get a giant butterfly net, scoop them all up, and plop them back into the mental health centers. Bing bong, so simple!

I know you're being facetious (and I approve) but I wrote this somewhere else in context about the CA prop that failed (I think) & it's worth repeating bc of all the dullards who blame reagan for deinstitutionalization.

quote:

everyone reflexively blames reagan for unleashing the mentally ill from institutionalized care & turning them loose on the streets but in actuality deinstitutionalization was a civil-rights movement bc institutionalization was a shop-of-horrors artifact from america's worst days of promoting eugenics as well as a political tool of repression.

reagan's role, as well as those of most conservatives & neoliberals, was in not providing sufficient funding for alternatives, and then further decimating funding over the decades incrementally. Plus, you know, the whole affordable-housing thing that resulted in growing numbers of unhoused americans.

involuntary treatment is a hairball of an issue, but there are solid reasons as to why it's so difficult to legally force it on people today compared to a half-century ago, when it was used to silence women, lgbtq people, and anyone else who became a tad too uppity & didn't have the resources to legally fight it.

and that's leaving aside the ugly history in this country of institutionalization for people with disabilities, including but not limited to those with mental illnesses (which mental illnesses were used as a pretext for imprisoning the uppity).

# ? Apr 12, 2024 20:51

post hole digger: Mar 21, 2011

Willa Rogers posted:

I know you're being facetious (and I approve) but I wrote this somewhere else in context about the CA prop that failed (I think) & it's worth repeating bc of all the dullards who blame reagan for deinstitutionalization.

the prop passed lol

# ? Apr 12, 2024 20:58

Willa Rogers: Mar 11, 2005

post hole digger posted:

the prop passed lol

Jesus. Everything old is new again.

# ? Apr 12, 2024 21:02

Mustached Demon: Nov 12, 2016

Ronald Reagan? Hahaha that fuckers dead and burning in hell.

# ? Apr 12, 2024 21:03

Euphoriaphone: Aug 10, 2006

assuming you can't use current knowledge for personal gain, i'd probably choose to go back to the late 80s or early 90s. if i could use my knowledge for personal gain, i'd pick 2016 since i think the best time in history to be super rich is right now, when they have the most power and technology/communications enables them to do the most psychotic poo poo their black hearts desire

it's funny that the Matrix picked 1999 as the perfect moment in history to be endlessly emulated since that just happened to be when the movie was made, but for an american they were 100% correct.

net work error posted:

https://twitter.com/FirstSquawk/status/1778848837169303696

this is an insane way to phrase it. who doesn't mentally insert "no" before "reason", the opposite of what his meaning is?

EDIT: this is a good one ↓

Euphoriaphone has issued a correction as of 21:08 on Apr 12, 2024

# ? Apr 12, 2024 21:04

In Training: Jun 28, 2008

If you're guaranteed to live a long life starting from the year you picked I'd go with like Russia 1895 - 1970. Live long enough to see your parents overthrow the tsar, contribute to the destruction of Nazi Germany and work on the first socialist state in human history and die thinking the whole world is going to go out in nuclear blaze any day before you have to see the reformists tear it all to pieces. Would be pretty chill

# ? Apr 12, 2024 21:07

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# ? May 25, 2024 11:49

SKULL.GIF: Jan 20, 2017

uninterrupted posted:

I think most folks would go back to ~2015ish.

Pre trump
Food and drinks were affordable
Rent was low, houses were affordable
More or less identical modern convenience wise
Tinder was still good
Reddit was kinda funny

I feel like gambling and scams were way less prevalent in 2014-15, yeah. The Internet was better and more interesting. Microtransactions hadn't gone absolutely berserk. A lot of stuff had yet to see its quality repeatedly and thoroughly undermined year after year.

# ? Apr 12, 2024 21:26

The Something Awful Forums > Discussion > C-SPAM > [Doomsday Economics] Home of Kirbeh's FREE SLICE ($25 delivery fee)

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