Author Topic: #latestagecapitalism  (Read 411922 times)

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Madrun Badrun

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Re: #latestagecapitalism
« Reply #2460 on: April 05, 2020, 10:37:18 AM »

Don Rumata

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Re: #latestagecapitalism
« Reply #2461 on: April 05, 2020, 10:53:05 AM »
All the covid based commercials and marketing schemes are hitting hard rn, capitalism is wild

Yeah and they're so wild to me....like these car companies thinking people are going to pay $20k for a new SUV right now, but they're doing their part and will make the interest super low or zero for a certain amount of time.  Because right now what's important is your new ride.
A SUV seems like a decent MadMax car, to mod out.
Even if it has low gas efficiency.

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Madrun Badrun

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Re: #latestagecapitalism
« Reply #2463 on: April 06, 2020, 11:46:16 AM »

Joe Molotov

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Re: #latestagecapitalism
« Reply #2464 on: April 06, 2020, 01:24:25 PM »
(Image removed from quote.)

Too bad you can’t kill brown people with a cloth mask or toilet paper.
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Tasty

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Re: #latestagecapitalism
« Reply #2465 on: April 06, 2020, 02:09:50 PM »

Tripon

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Re: #latestagecapitalism
« Reply #2466 on: April 06, 2020, 03:38:45 PM »
(Image removed from quote.)

Too bad you can’t kill brown people with a cloth mask or toilet paper.

Saw the local filtered water store try to sell cloth masks for $4.


Madrun Badrun

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Re: #latestagecapitalism
« Reply #2468 on: April 08, 2020, 03:10:52 PM »

Joe Molotov

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Re: #latestagecapitalism
« Reply #2469 on: April 08, 2020, 04:59:35 PM »
ok
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EchoRin

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Re: #latestagecapitalism
« Reply #2470 on: April 08, 2020, 06:32:21 PM »

nachobro

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Re: #latestagecapitalism
« Reply #2471 on: April 08, 2020, 09:51:57 PM »
i bought pepsi max at the store today so whatever they did works :-\

nachobro

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Re: #latestagecapitalism
« Reply #2472 on: April 08, 2020, 09:54:22 PM »
 :brazilcry

EchoRin

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Re: #latestagecapitalism
« Reply #2473 on: April 09, 2020, 12:21:02 AM »
What in God's name. This is ten times more confusing than whatever the hell Jordan B. Peterson drew up in his book Maps of Meaning.

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Nintex

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Re: #latestagecapitalism
« Reply #2475 on: April 09, 2020, 02:44:31 PM »
That Pepsi shit is ancient and pretty much the golden standard in brand design now  ;)
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Tasty

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curly

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Re: #latestagecapitalism
« Reply #2477 on: April 09, 2020, 06:25:47 PM »

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Re: #latestagecapitalism
« Reply #2478 on: April 10, 2020, 01:34:27 AM »
:doge
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Re: #latestagecapitalism
« Reply #2479 on: April 10, 2020, 02:05:49 AM »

Akala

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Re: #latestagecapitalism
« Reply #2480 on: April 10, 2020, 03:06:27 PM »

Nintex

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Re: #latestagecapitalism
« Reply #2481 on: April 12, 2020, 01:19:13 PM »
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Rufus

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Rufus

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Re: #latestagecapitalism
« Reply #2483 on: April 12, 2020, 02:40:37 PM »
Perishable goods have to be adequately stored, processed and distrubuted; all of which costs money. Can't flood out the potholes with physical goods the way you can with FIAT currency.

I don't mean to excuse this. The supply chains just aren't built to cope with something like this. Waste is a problem at the best of times, but now every weakness is amplified.
« Last Edit: April 12, 2020, 02:51:43 PM by Rufus »

VomKriege

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Re: #latestagecapitalism
« Reply #2484 on: April 12, 2020, 02:44:10 PM »
Yeah I guess it's like the toilet paper for professional uses and workplaces, a supply chain you can't switch in a couple of weeks.

Edit : At least partly so.
« Last Edit: April 12, 2020, 04:19:47 PM by VomKriege »
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Nintex

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Re: #latestagecapitalism
« Reply #2485 on: April 12, 2020, 04:49:00 PM »
Guess we'll have to burn all this food while all these people are starving

Why?

sUpPlY cHaIn
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Rufus

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Re: #latestagecapitalism
« Reply #2486 on: April 12, 2020, 05:58:15 PM »
I write it off as human mediocrity and move on. Cultures that shun fruit and vegetables because of tiny blemishes aren't going to drastically shift their priorities in the wake of COVID-19. A lot more people would have to go hungry for that to happen. :trumps
« Last Edit: April 13, 2020, 10:18:28 AM by Rufus »

Tripon

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Re: #latestagecapitalism
« Reply #2487 on: April 12, 2020, 11:15:40 PM »

nachobro

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Re: #latestagecapitalism
« Reply #2488 on: April 13, 2020, 12:07:07 PM »
Quote
Now, He’s Fighting for Disney’s Life
???

nyt pretending disney is on the verge of bankruptcy from a couple theme parks being closed for a month :lol

Great Rumbler

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Re: #latestagecapitalism
« Reply #2489 on: April 13, 2020, 08:32:02 PM »
Quote
Now, He’s Fighting for Disney’s Life
???

nyt pretending disney is on the verge of bankruptcy from a couple theme parks being closed for a month :lol

Bob Iger is out here just trying to keep his family fed and you're laughing?
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EchoRin

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Re: #latestagecapitalism
« Reply #2490 on: April 13, 2020, 08:39:33 PM »
I haven't been to Disney World in forever, but if they changed the Star Wars flying ride to something post OG trilogy then revert that back. Thx Bob.

signed, Moron who yells "You ruined my childhood!"

Nintex

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Re: #latestagecapitalism
« Reply #2491 on: April 14, 2020, 02:51:01 PM »
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Flannel Boy

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Re: #latestagecapitalism
« Reply #2492 on: April 15, 2020, 06:22:57 AM »
https://www.ccn.com/these-entitled-millennials-are-cheering-for-a-housing-market-crash/

Quote
Many millennials are cheering for a housing market crash on Twitter. They say it will help them afford a home.
. . .
There’s a way for millennials to afford a house of their own whether there’s a housing market crash or not. Work for it.

Quote
A Housing Market Crash Would Wreak Havoc
If there’s another housing market crash in 2020 or 2021, it will send ripples throughout the entire economy with effects that last for years.

Firstly, it would displace millions of Americans from their homes. In the 2008 housing market crash, some 10 million Americans lost their homes.

The causal chain is backwards. The increased foreclosure rates in 2006 and 2007 helped lead to the crisis.

Quote
A Better Solution For Millennials

Last November, CNBC interviewed a millennial journalist– living in expensive New York City– who paid off $102,000 in student debt in six years while working a job with a $40,000 salary.

In the home stretch, she paid off the final $32,000 in eight months while paying the rest of her living expenses.

I'm no mathematician, but, ignoring taxes, a 40k salary is 26,670 over eight months. How did she pay $32k of debt while making $27k pre tax--and pay her living expenses?

Quote
She says she did it by sacrificing some personal time outside of work. Instead of loafing on the couch with Netflix or socializing, she took up side hustles. She did dog walking, cat sitting, babysitting, and freelance writing.
Just have FIVE jobs Millennials--should be easy to get during the Great Depression 2.0. After six years, you'll own a house have paid for your university education, which you'll use to fucking babysit.

Quote
Any millennial with ambitions to own a house shouldn’t be cheering for a housing market crash, even if one is imminent. They should be working as hard as they can so that they can save up to afford the house of their dreams in whatever market they find themselves.
Did you watch the video of the Millennial interviewed by CNBC? She doesn't fucking own a home! She took six years just to pay for university. A generation or two ago, she could have gone straight from high school to the workforce, and bought a home as a blue-collar worker. Now, ten years after graduating from high school, she has fucking nothing. Ten years, four years of university, five jobs and she's in the same position as a high school grad.

« Last Edit: April 15, 2020, 06:28:25 AM by Flannel Boy »

Nintex

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Re: #latestagecapitalism
« Reply #2493 on: April 15, 2020, 06:28:14 AM »
When it crashes the boomer / gen-x investors can buy cheap real estate from millennials who can no longer afford their mortgages that just about spend enough time on a canned tomato and water diet to afford a home in the first place. 
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Rufus

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Re: #latestagecapitalism
« Reply #2494 on: April 15, 2020, 07:38:13 AM »
Don't need to buy something you already own.

Flannel Boy

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Re: #latestagecapitalism
« Reply #2495 on: April 15, 2020, 10:41:26 AM »
Don't need to buy something you already own.
"Investment" properties. 40% of Toronto condos are not owner-occupied.

Nintex

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Re: #latestagecapitalism
« Reply #2496 on: April 15, 2020, 03:10:36 PM »
Booking.com is about to go up in flames

Profit in 2018: +5 billion
Then they cut a deal with the Dutch government evading 1.8 billion in taxes

Balance in 2019: 8 billion debt

Why?
- They bought their own stock and handed out dividends and bonuses to the CEO's and investors

Now:
Bookings down 85%. They've managed to secure an 'expensive' emergency loan of 4 billion to scrape by for a few months.
So now they're asking our government to chip in to help finance the joint as they employ 19k workers in total.
(note this information was leaked to a Dutch newspaper from a video call with employees announcing that lay offs were imminent)

If you have something lined up at Booking.com cancel now. This thing is about to crash like the Hindenburg and you should try for a refund when there's still some money.


For the tech heads, the whole thing is built in fucking PERL  :lol
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Rufus

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Re: #latestagecapitalism
« Reply #2497 on: April 15, 2020, 05:34:49 PM »
Don't need to buy something you already own.
"Investment" properties. 40% of Toronto condos are not owner-occupied.
Didn't realize "own" has such a restrictive meaning in this context. :B

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Re: #latestagecapitalism
« Reply #2498 on: April 15, 2020, 07:12:08 PM »
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EchoRin

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Re: #latestagecapitalism
« Reply #2499 on: April 15, 2020, 09:05:38 PM »
If Ashleigh was a fast food joint, she'd be a Wendy's.

Madrun Badrun

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Re: #latestagecapitalism
« Reply #2500 on: April 15, 2020, 09:37:37 PM »
Peter Coffin is such a lucky dude even if he can't get Contra-level views. 

Tripon

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Re: #latestagecapitalism
« Reply #2501 on: April 15, 2020, 09:39:38 PM »
Peter Coffin is such a lucky dude even if he can't get Contra-level views.

They seperated, tho.

Madrun Badrun

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Re: #latestagecapitalism
« Reply #2502 on: April 15, 2020, 09:42:48 PM »
That's good news. 

Joe Molotov

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Re: #latestagecapitalism
« Reply #2503 on: April 16, 2020, 03:22:57 PM »
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Madrun Badrun

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Re: #latestagecapitalism
« Reply #2504 on: April 16, 2020, 08:44:30 PM »


EchoRin

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Re: #latestagecapitalism
« Reply #2506 on: April 16, 2020, 09:04:14 PM »
honest question: For any American born in the 90s onward, is social security even going to bring them anything by the time they are 65 or whatever?

Tripon

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Re: #latestagecapitalism
« Reply #2507 on: April 16, 2020, 09:21:36 PM »

Madrun Badrun

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Re: #latestagecapitalism
« Reply #2508 on: April 16, 2020, 10:18:58 PM »
Can't you just like store it in the ground? 

Occam

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Re: #latestagecapitalism
« Reply #2509 on: April 17, 2020, 09:22:29 AM »
Booking.com is about to go up in flames

Profit in 2018: +5 billion
Then they cut a deal with the Dutch government evading 1.8 billion in taxes

Balance in 2019: 8 billion debt

Why?
- They bought their own stock and handed out dividends and bonuses to the CEO's and investors

Now:
Bookings down 85%. They've managed to secure an 'expensive' emergency loan of 4 billion to scrape by for a few months.
So now they're asking our government to chip in to help finance the joint as they employ 19k workers in total.
(note this information was leaked to a Dutch newspaper from a video call with employees announcing that lay offs were imminent)

If you have something lined up at Booking.com cancel now. This thing is about to crash like the Hindenburg and you should try for a refund when there's still some money.


For the tech heads, the whole thing is built in fucking PERL  :lol

You seem to have no idea what you are talking about.
Do you know what a balance sheet is?
Assets = Liabilities + Equity
I looked it up. As of December 31, 2019 Booking Holdings had $21.4bn worth of assets, $15.4bn liabilities. That means an equity of $6 billion.
I assume you looked at this and didn't understand what equity means? https://en.wikipedia.org/wiki/Booking_Holdings
Please tell me you have nothing to do with finances or running any company.
« Last Edit: April 17, 2020, 09:32:37 AM by Occam »
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VomKriege

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Re: #latestagecapitalism
« Reply #2510 on: April 17, 2020, 09:27:13 AM »
Quote
You seem to have no idea what you are talking about.

Yes.
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Tripon

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Madrun Badrun

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Re: #latestagecapitalism
« Reply #2513 on: April 17, 2020, 03:18:53 PM »

Nintex

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Re: #latestagecapitalism
« Reply #2514 on: April 17, 2020, 04:13:07 PM »
Booking.com is about to go up in flames

Profit in 2018: +5 billion
Then they cut a deal with the Dutch government evading 1.8 billion in taxes

Balance in 2019: 8 billion debt

Why?
- They bought their own stock and handed out dividends and bonuses to the CEO's and investors

Now:
Bookings down 85%. They've managed to secure an 'expensive' emergency loan of 4 billion to scrape by for a few months.
So now they're asking our government to chip in to help finance the joint as they employ 19k workers in total.
(note this information was leaked to a Dutch newspaper from a video call with employees announcing that lay offs were imminent)

If you have something lined up at Booking.com cancel now. This thing is about to crash like the Hindenburg and you should try for a refund when there's still some money.


For the tech heads, the whole thing is built in fucking PERL  :lol

You seem to have no idea what you are talking about.
Do you know what a balance sheet is?
Assets = Liabilities + Equity
I looked it up. As of December 31, 2019 Booking Holdings had $21.4bn worth of assets, $15.4bn liabilities. That means an equity of $6 billion.
I assume you looked at this and didn't understand what equity means? https://en.wikipedia.org/wiki/Booking_Holdings
Please tell me you have nothing to do with finances or running any company.
The numbers were reported in a left leaning Dutch newspaper
https://www.volkskrant.nl/nieuws-achtergrond/noodlijdend-booking-com-wil-staatssteun~bd28dea7/

Quote
Opmerkelijk genoeg gaat Booking Holdings gebukt onder zware schulden, dit ondanks de jaarlijkse miljardenwinsten – in 2019 nog bijna 5 miljard dollar. Tegenover 6,3 miljard dollar aan contant geld stond eind vorig jaar 7,6 miljard dollar schuld op de balans, blijkt uit het jaarverslag.

Quote
Surprisingly enough Booking Holdings is in debt despite the billions of dollars in profits they made over the years - in 2019 almost 5 billion.
While they had 6.3 billion in cash their balance showed a debt of 7.6 billion dollar. According to the yearly report.

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Re: #latestagecapitalism
« Reply #2515 on: April 17, 2020, 06:14:05 PM »
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EchoRin

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Re: #latestagecapitalism
« Reply #2516 on: April 17, 2020, 06:27:19 PM »
Wat? You gonna end the video on "we did this properly."  ???

I want to know that actually this looked like. Did they just take the ingredients and frozen stuff? Boring. Was hoping that random non-McD workers turned everything on and just started cooking and wrapping up finished food to spread to people in need or something.

Madrun Badrun

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Re: #latestagecapitalism
« Reply #2517 on: April 17, 2020, 07:15:32 PM »

benjipwns

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Re: #latestagecapitalism
« Reply #2518 on: April 18, 2020, 03:32:24 AM »
https://www.nbcnews.com/news/us-news/landlords-are-targeting-vulnerable-tenants-solicit-sex-exchange-rent-advocates-n1186416
Quote
Some landlords are taking advantage of the coronavirus outbreak, soliciting sexual favors in lieu of rent payments from economically vulnerable tenants, according to advocates.

Khara Jabola-Carolus, executive director of the Hawaii State Commission on the Status of Women, said her office has received more reports of landlords sexually harassing their tenants in the last two weeks than it had in the two years since she started working there, including cases of landlords offering to move in with tenants and sending sexually explicit photos to them after they communicated concerns about paying April rent.

While the number of cases wasn't necessarily astronomical — the commission received 10 reports about nine landlords — Jabola-Carolus said they were especially notable given such cases go "vastly underreported."

"Landlord coercion has always been a reality, but we've never seen anything like this," Jabola-Carolus said.
eight of the reports were connected to something called "The Bire" with ties to "Dutch Directness"

Nintex

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Re: #latestagecapitalism
« Reply #2519 on: April 18, 2020, 05:53:00 AM »
Quote
landlords offering to move in with tenants and sending sexually explicit photos to them
Maybe they used their charms in those messages and send the wrong signal?

Anyway better to just cut out the middle man and go on onlyfans instead. In a year they can be a landlady themselves
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