
Screwball
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Suicide always an option.
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That adds so much, congrats.
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You asked, I told you. If you don't like it, FO.
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Hold hard assets like land. Start a garden. Reduce or eliminate debt. Limit your lifestyle. Learn to cook, fix things at home, your car if possible. Find a place in the county who sells food for when it becomes unavailable in the big stores, like farm markets. Get to know your neighbors. Install security cameras (have 4). Just a few things. If you have a job, STFU so they don't have an excuse to eliminate you. Robots and AI will take every job they think they can do - and you may be next - so don't piss them off. If you are just getting out of high school, you are ****ed. In 1984 (ironically, thinking of the book) you could feed a family of 6 for an annual salary of 14k. You didn't live like like kings, but you ate and had heat. A search will tell you today it's around 44k for a family of 6. Exponents are a bitch. It's already starting. I see it in Cornhole. We now have an official soup kitchen. In the last year I have noticed more homeless sitting along the streets asking for help. And entire family was sitting at Kroger begging for food. Don't see them know, probably got run off. Today is as good as it's going to get. Plan accordingly.
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The financial guys have it figured out now, as they always have. Is anyone naive enough to think all these pukes give one good **** about us? The finance guys "are" the smartest guys in the room, and it ain't even close. But sure as hell not for us. Anyone remember Enron: The Smartest Guys in the Room. I went to a a presentation from the Enron whistleblower lady at a local college. Amazing stuff. The banksters are the smartest guys in the room, and it ain't even close (go watch them vs. congress people). They are here to take our money. This is nothing new to anyone who's ever followed the markets and paid attention. What the Fed did today will only make the rich richer, and the poor more poor. It's what they do, and have been doing it for as long as I can remember. Like Carlin said; they don't give a **** about you. They also know, eventually this entire facade of an economy will all come tumbling down. They will run off with their riches to their gated communities, yachts, and private islands while millions more of Americans will end up in the streets. Many more will teeter on the edge while they fight for food where they live. The second great depression (my parents lived through the first one) will evolve. When **** gets real - you need a scapegoat - enter Donald Trump. He will take the blame, and he won't care. He might be too stupid to know he was the "mark" or if he does, he doesn't care. None of them do. They have no conscious, none of them. Like G. Gordon Liddy said in his book "tell me what corner to stand on." Total loyalty to the party. Right out of 1984. That's what they all do. They got a real winner with Trump. He's like the Rodney Dangerfield character in Caddy Shack. He keeps everyone distracted while the smartest guys in the room run off with all the money. What's not to like? And when they finally blow up the whole ****house, he gets blamed. It will be a spectacular blow up, one of the best ever! LOL! What a ****ing world we live in.
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Adding a day later. Everyone expects a 25bp cut. They are going to cut with the bubbles of all bubbles, otherwise known as our stock market, within a couple percent of all time highs. As pointed out in the financial media, this has happened a couple of times before, and for the next year the market went up and you made money. Let's jump on board, right? I guess that depends on who "you" is. What happens next will be interesting. I'm pretty happy right now. My retirement accounts went to cash yesterday. We will see what to do next. As the old saying goes; they don't ring a bell at the top. I don't know how much more they can squeeze out of this. Ding, ding, ding.
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This is the event. What happens after is what matters. The dual mandates of the Fed are at odds with each other. They have no escape, other than more BS Fedspeak. Jobs vs. inflation. Can't fix both at the same time. What helps one ****s the other. To combat the problem, they need to raise and lower rates at the same time. They can't.
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I think the 25 is baked in too They all want cheap money.
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Just a report from the ground in farm county not far from Michigan. We haven't had rain since Moby **** was a minnow, and I'm sure lots will get rotted on the vine and will vever find its way to Toledo and southern Michigan. On top of everything else.
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I don't doubt that one bit. Funny story, ironic too... 2018 I went to Oregon and spent a week with my oldest boy who lived in a town called Scappoose, maybe a half hour or so North of Portland. We are originally from NW Ohio (no Buckeye fans) and never been to the Great Northwest. It was kind of a bucket list thing for me. 10 of us. We went all over the place. Great trip. We landed Sunday afternoon. Soon as we got settled in at my sons house he took me downtown. About 5 minutes away. I see a green cross. What is this? They were everywhere. Too funny. I have never seen anything like a real life pot store. They let me take pictures, it was so cool. So once the euphoria wore off (remember, I'm from Ohio and the black market is tough and expensive), the "budtender" gave me a menu, for lack of a better word. So....I like this one, how much? That would be 170. What? I'm used to paying 300 for an OZ here in Cornhole where it isn't legal. I'm thinking that's the deal of the century but I'm only here for a week. Luckily, my son figures out I am confused. Dad - that's for a pre-roll joint. REALLY? Yea. A buck 70 for a pre-roll!!! The next thing I said was "how many ya got?" It was great to see the that part of the country. Me and my girlfriend spent a couple of days in Portland. We bought a deal to ride the busses all over town. That was a ball. Sure wouldn't want to drive.
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I agree. I think it would save them money. Like it said in the tweet, they spend a bunch of money for the quarterly report. It cost money on all sides. How many Wall Street analysis cover the stock (for big companies quite a few). The most important thing IMO, as far as investors go, was this part, which I believe to be true; The bedrock of how a market and investing should work.
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Long thread discussing this. Pros vs. Cons.
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Reminds me of a funny story. The dive bar I go to in has a bunch of dedicated music people, many are musicians and played in bands. They are primarily classic rock to some hair band stuff. Hardly any country. From time to time people drift in and play some country stuff (we are in the sticks) but they don't mind. But there is one guy...He is in love with one of the bartenders so he comes at least once a week. He's around 75ish, she's about 60. Never gonna happen. Giggle. He plays these awful sappy country songs - about 7 - over and over and over. We counted one day, 7 songs, 3 played two times, another 3. Their jukebox can be accessed via app on our phones. You can play a song from across town if you want. We decided that once we heard one song twice - it was game over. It cost extra, but you can fast pass it to the top. Between the two of us fast passing his stuff with our Santana, Molley Hatchet, Gun's & Roses to start (message sent - he's looking at the queue on is phone as are we) - and we follow with Iron Butterfly In-A-Gadda-Da-Vida long version and then Frampton Do you Feel Like We Do. That's over a half hour. Not a happy camper, left with songs in the queue. The next week as we understand it, he came early, punished those people and went out the door when me and the other guy came in. We think he's on to us. Giggle. I guess he's filthy rich, big time electrician and farmer. He can probably break us, but we won round one. The one bartender was pissed because he gives her 20 bucks. Speaking of coffee. I had a picture of both, but I lost one. This one is from a little grocery store in NW Ohio in a town of maybe 7k people. I'm about 20 minutes away in another little burg of 18k and you can buy the exact same thing for $15.99 or $12.99 with a Kroger card. Unreal. WTF?