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Karl Barks posted:tech bubble is real but i think it's really centered in silicon valley. ie. if the bubble bursts it's mostly going to affect north california I live over 100 miles east of the bay area and its pushing 350K for a sub 2000sq foot fixer upper. In a place that's at least 45 minutes from a major highway. Kill all tech workers
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Jul 7, 2017 20:44
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Karl Barks posted:i haven't read about this in years, but wasn't the US housing market bubble mostly centered in suburbs? I wonder what happens when you pull the cities out of that canada graph. IDK about data but in rural areas like mine the only reason that merely a large amount of people versus the majority ended up foreclosed on is because a lot of rural families live in old houses their family has owned for a long time, and in urban areas obviously most people don't actually live in houses anyway. And it's not like flipping an apartment tower is an easy thing
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Jul 9, 2017 06:57
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anime was right posted:most of the places hit hardest by the housing crisis were in the west, where communities are often brand new and houses are less likely to be generational. it seems like the southwestern states (california, nevada, arizona), took most of the impact. Dude you used to be able to drive through like, Citrus Heights and every single house on the street except for the occasional older house that the community was built around would have a foreclosed sign out in front
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Jul 9, 2017 07:49
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anime was right posted:buy a remote cabin in oregon that won't be destroyed by an earthquake, invest all your remaining money in guns (stocks and actual) Unironically, a remote cabin w/ some flat land for a large garden and maybe a root cellar or something is pretty much the ideal piece of property for any future economic situation. Mostly because living in the forest owns.
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Jul 10, 2017 21:49
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Jul 11, 2017 00:46
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Rated PG-34 posted:i sure hope they recognize my land deed post-doomsday Thats why you buy infrared property cameras and an AR-15
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Jul 13, 2017 02:54
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Probably the greatest crime of technology is giving people the idea they don't need a community to farm or whatever
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Jul 14, 2017 03:28
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I'll take my marxist shooting club buddies into the woods, where we will paint ourselves with blackberries and descend onto the villagers
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Jul 15, 2017 12:16
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Agean90 posted:considering boise has a small tech boom going it is happening. problem is that it that not everyone wants to live in a state that has one kinda nice maybe city and the rest of it is filled with white supremacists. Have you ever been outside the Bay Area. Orange county has the largest concentration of white nationalist groups in the country. Plenty of white flight insanely racist pieces of poo poo in the rural areas.
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Jul 25, 2017 01:55
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Speaking of which, within the Bay Area the mafia isn't known for being terribly tolerant
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Jul 25, 2017 01:56
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Byolante posted:Oregon, noted progressive wonderland, wad founded by people trying to keep the blacks out and most of the landmass is trying to retain their heritage. People are also very quick to forget that Oregon was getting in on the straight up Indian genocide that California did too, and also keeping dust bowl refugees out or putting them in ghettos
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Jul 25, 2017 03:43
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Let me be the neoliberals advocate here and say less people should smoke weed every day but employers shouldn't care either
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Jul 30, 2017 01:51
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Taintrunner posted:Society should be less loving miserable that taking the edge off daily feels necessary Well yeah. That's how u achieve that
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Jul 30, 2017 03:25
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I read a kindle unlimited sci fi series about Earth getting put under the protection of a peaceful economic alien AI alliance type of deal. Somewhere down the line in the series a character mentioned something about negative interest rates on borrowing, converting even treasury bonds into high risk packages, and make work becoming an industry itself being the reason for the annexation and was like, dang, that sounds almost retarded enough to be a real thing that could happen
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Aug 4, 2017 12:25
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logikv9 posted:when the nukes drop everybody with student loans will be legally drafted into indentured servitude The way things are going they're more likely to be drafted into the stewpots of the cannibal-raiders
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Aug 9, 2017 05:40
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Kromlech posted:
Finally some justice in the world
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Aug 12, 2017 07:05
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Nerds
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Aug 14, 2017 04:29
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anime was right posted:totally unlike ours lol They learned from the master
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Aug 28, 2017 11:30
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Personally as a somewhat nerdy guy I'm frankly terrified of what's going to happen now that a gigantic portion of the world is extremely reliant on information technology which is pretty much impossible to make at current performance levels without extremely rare metals. And the worst part is even if we had a viable interplanetary space program in place tomorrow it would probably still be too late
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Aug 28, 2017 12:29
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sat on my keys! posted:It was a very good post! If I waved a magic wand and made you King of the Tax Code and Bankruptcy Law, what would you change to help people like that mom? Let's say you can't just tax 100% of incomes over $100k and redistribute it or something, you gotta keep the basic structure of progressive income tax and payroll tax might still exist etc. Sorry if this is a stupid hypothetical. Here's my hot take: people below the living wage shouldn't pay taxes at all, not just pay ~20% on their $10 an hour or whatever and get it back at the end of the fiscal yeae
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Aug 28, 2017 20:35
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A Buttery Pastry posted:I'm talking about poo poo like computers being able to do calculations, which they do so well that they took over the name of the first job they automated. That's an extreme example, but there's a reason I wrote task and not job. You don't necessarily attempt to automate a job entirely, you automate tasks and consolidate the non-automatable tasks into fewer jobs. And don't tell me e-mail/calendar integration, now fitting in the palm of your hand, isn't more efficient than having to have secretaries for half your staff. Digital stuff like that is probably more efficient but less effective imo. It makes it too easy to have worthless office communications and pointless meetings
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Aug 29, 2017 21:27
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You're forgetting that capitalism is not a rational system. The market doesn't follow any laws or forces. It follows what the capitalist class wants. If what they want is particularly unrealistic (fully automated trucking is probably one of these, websites with no product beyond selling marketing data definitely is), in the long term it might fail. But in the short and medium term, its going to gently caress things for workers.
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Sep 1, 2017 11:51
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Ah, magic
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Sep 3, 2017 03:14
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It doesn't help that most of the available jobs even with college training are worthless in the long run. Why bother when you can gently caress off and smoke weed all day.
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Sep 16, 2017 07:38
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I mean he's right. There's that post apocalypse novel some right wing shithead wrote about an EMP attack causing American society to collapse but a CME would essentially be the same thing. Pretty much none of our truly critical infrastructure is protected by faraday cages, to say nothing of 'non critical' stuff like mechanized farming equipment and factories
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Sep 20, 2017 04:45
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Main Paineframe posted:it's not like we can't exist without advanced electronics. In the short term, vulnerable populations would suffer intensely from the loss of power and disruption to logistics, with a lot of poor and sick people dying in the immediate aftermath. In the medium term, there would be massive wealth transfers to manufacturers as they replace their equipment and bootstrap our electronics production back into existence. In the long-term, everybody would have to buy new smartphones, and GPS wouldn't work for a couple of years. I'm not stupid enough to think it's a civilization ending disaster but it's definitely a good way to watch people living in stupid rear end cities 20 miles from the nearest agricultural area that isn't a vineyard or almond tree orchard suddenly discover why paving over everything is a horrible idea
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Sep 21, 2017 08:20
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Beowulfs_Ghost posted:Because of how specialized agriculture is now, no one lives 20 miles from a reliable food source. I live in a rural area that's far from rail lines so despite our heavy dependence on imported fruit and snack foods there's actually local dairy ranches and wheat farms and things like that. Although rear end in a top hat vineyard owners have been buying them out the last 10 years or so.
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Sep 22, 2017 01:44
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Greetings friends. I have no idea what a magnetic field is and personally the concept of something that can't be easily defined with a basic 3d shape and is also invisible is easy to me, which is why my smart brain tells me all charged particles are deflected by the earths field, somehow. Btw what's a van Allen belt.
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Sep 23, 2017 10:32
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If these retards cared about healthier food they would go to the farmers market and get actually fresh stuff but its all about having the latest trappings of bougiouse cosmopolitanism
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Jan 22, 2018 22:54
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H.P. Hovercraft posted:lol who do you think goes to farmers' markets I live in an actual rural agricultural town. Nobody has organic certifications so the growing group of Sacramento tech workers go down the mountain for that stuff
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Jan 23, 2018 00:11
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Collectivism is an American-friendly way of saying communism
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Jan 25, 2018 11:35
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Its really disgusting to see the property management companies and rentseekers continue to jack up rent despite the growing vaccancies. I guess 1 tech bro pays the rent for 5 regular people so that doesnt bother the owners.
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Jan 26, 2018 00:08
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THE AWESOME GHOST posted:Undeniably the stock market has gone up under trump and people like to use that as a big ECONOMY RATING number without realizing that a company becomes more profitable when it can legally gently caress over its workers I'm young and stupid but so far in my life the stock market going up has correlated with everyone I know having a shittier life so yeah. I don't think they really get long term profit increase from anything but slashing payroll
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Jan 29, 2018 10:00
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Trash Trick posted:Everyone's life gets lovely. That's the point. That's life. You should definitely distance yourself from those who speak as though things are exclusively getting worse for years on end, and blame the world around them for their woes. Go gently caress yourself, class traitor
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Jan 30, 2018 00:31
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Federal interest rate changes seem to only work the way they should on paper except in the short term
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Jan 30, 2018 01:16
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Trash Trick posted:You think that communism can eradicate the hardships of life? do you really imagine a world where your needs are always met and you have a voice being bad compared to now
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Jan 30, 2018 07:17
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Ol Standard Retard posted:lmao the headline on CNN Money reads "DOW drops 363 points in rare market slump" Ahh, yes, the famous rare event of a bull market faltering
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Jan 31, 2018 03:33
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owning like, an apartment building or a rented out commercial lot is definetly an investment, although the former makes you a disgusting rentseeker im not sure how a regular single family home could be an investment in any sense barring a sudden bull market or the property becoming valuable in the future. its like saying you invest in the auto industry by buying a new car
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Jan 31, 2018 05:55
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Ol Standard Retard posted:this is how upper middle class Americans have been trained to think
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Jan 31, 2018 05:57
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we're in a Growth Economy boys
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Feb 15, 2018 20:05
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