Author Topic: The Economy |OT| Guess I'll Just Die?  (Read 37231 times)

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Shostakovich

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The Economy |OT| Guess I'll Just Die?
« on: February 27, 2020, 03:26:13 PM »
:nope 2 Great 2 Depressing

 :ohyeah Great and the Depressing: Yield Curve Drift

Flannel Boy is going to lose the bet  :heyman
« Last Edit: August 02, 2020, 08:05:14 PM by shosta »

OnlyRegret

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Re: econ (news and theory)
« Reply #1 on: February 27, 2020, 03:27:39 PM »
Can't believe you unleashed a bioweapon on the hapless to win a forum bet. That's amazing.

Great Rumbler

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Re: econ (news and theory)
« Reply #2 on: February 27, 2020, 03:49:25 PM »
Shosta is now a Bond villain.
dog

Flannel Boy

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Re: econ (news and theory)
« Reply #3 on: February 27, 2020, 03:57:31 PM »
What shosta won't do for $100.

spoiler (click to show/hide)
:shh
[close]

recursivelyenumerable

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QED

TEEEPO

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Re: econ (news and theory)
« Reply #5 on: February 27, 2020, 08:42:13 PM »
that feels when you changed your entire family's tsp to bonds the week before as well as hedged all of our options :rejoice

recursivelyenumerable

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Re: econ (news and theory)
« Reply #6 on: February 27, 2020, 11:51:56 PM »
thanks for starting this thread but why couldn't you have just titled it like I suggested  :brazilcry
QED

Himu

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Re: Econ |OT| Great & Depressing: Wuhan Drift
« Reply #7 on: February 28, 2020, 10:17:04 AM »
Can't wait for Depress Five.

But everyone knows Yield Curve Drift is the best one.
IYKYK

Flannel Boy

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Re: Econ |OT| Great & Depressing: Wuhan Drift
« Reply #8 on: February 28, 2020, 10:52:00 AM »
Now I don't feel bad about having no money. I would have just lost it in the stock market anyway! :brain

Flannel Boy

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Re: Econ |OT| Great & Depressing: Wuhan Drift
« Reply #9 on: February 28, 2020, 11:02:04 AM »
WTI Crude   is at $44.17

Canadian Crude Index is at 30.40

North America's oil industry. . . :gddr5

Pissy F Benny

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Re: Econ |OT| Great & Depressing: Wuhan Drift
« Reply #10 on: February 28, 2020, 11:51:35 AM »
cheaper petrol :rejoice :rejoice :rejoice
(ice)

Skullfuckers Anonymous

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kingv

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Re: Econ |OT| Great & Depressing: Wuhan Drift
« Reply #12 on: February 28, 2020, 04:16:24 PM »
I’m buying, are you buying? -Larry Kudlow.

who is ted danson?

  • ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀✋💎✋🤬
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Re: Econ |OT| Great & Depressing: Wuhan Drift
« Reply #13 on: February 28, 2020, 04:28:58 PM »
Buy high, sell low. Now is the time to start dumping all the shit you bought with Robin Hood infinite margin back in November.
⠀⠀⠀⠀⠀

team filler

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Re: Econ |OT| Great & Depressing: Wuhan Drift
« Reply #14 on: February 28, 2020, 04:35:50 PM »
*****

TEEEPO

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Re: Econ |OT| Great & Depressing: Wuhan Drift
« Reply #15 on: February 28, 2020, 04:44:33 PM »
cash-out refinancing when the market bottoms out :mouf

TEEEPO

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Re: Econ |OT| Great & Depressing: Wuhan Drift
« Reply #16 on: February 28, 2020, 05:04:45 PM »
quantitative trump easing 2.0

TEEEPO

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Re: Econ |OT| Great & Depressing: Wuhan Drift
« Reply #17 on: February 28, 2020, 05:16:36 PM »
imagine, a trillion-dollar coin minted with trump's face :lawd

what more justification would you need?

Great Rumbler

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Re: Econ |OT| Great & Depressing: Wuhan Drift
« Reply #18 on: February 29, 2020, 09:44:43 AM »
tfw when you have no stonks:

:win
dog

james

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Re: Econ |OT| Great & Depressing: Wuhan Drift
« Reply #19 on: March 03, 2020, 10:58:57 AM »
Someone make a movie titled THE STONK MARKET
:O

recursivelyenumerable

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Re: Econ |OT| Great & Depressing: Wuhan Drift
« Reply #20 on: March 06, 2020, 01:21:03 AM »
I've been reading about the formation and development of both Koreas as well as industrialization efforts across capitalist and socialist history and i thought this was alright. I love Palladium because it's one of those confused publications that tries *really* hard not to take a stance on the dollar vs. hammer-and-sickle divide and occasionally you get some good stuff and other times you get some half assed bullshit.

https://palladiummag.com/2020/02/12/how-state-capacity-drives-industrialization/

i sort of like palladium even tho it's like 47% crypto-NRx
QED

OnlyRegret

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Re: Econ |OT| Great & Depressing: Wuhan Drift
« Reply #21 on: March 08, 2020, 06:09:53 PM »
RIP my province, again

Flannel Boy

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Re: Econ |OT| Great & Depressing: Wuhan Drift
« Reply #22 on: March 08, 2020, 06:41:39 PM »
Quote
Futures on the Dow Jones Industrial Average dropped more than 900 points. The S&P 500 futures also indicated a 3.5% drop at the open on Monday.
holy shit, this week is going to be awesome :lawd

oil price shock gonna tear people a new one

WTI at $32.94?   :stahp

How much to buy out of the bet?

OnlyRegret

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Re: Econ |OT| Great & Depressing: Wuhan Drift
« Reply #23 on: March 08, 2020, 06:47:51 PM »
Please never bet with Shotty again you little shit.

Flannel Boy

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Re: Econ |OT| Great & Depressing: Wuhan Drift
« Reply #24 on: March 08, 2020, 06:49:09 PM »
Please never bet with Shotty again you little shit.
???
He's the one who fucking unleashed this.

OnlyRegret

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Re: Econ |OT| Great & Depressing: Wuhan Drift
« Reply #25 on: March 08, 2020, 06:50:05 PM »
Him and his Marxian voodoo

Tripon

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Re: Econ |OT| Great & Depressing: Wuhan Drift
« Reply #26 on: March 08, 2020, 06:53:09 PM »
:nope 2 Great 2 Depressing

 :ohyeah Great and the Depressing: Yield Curve Drift

Flannel Boy is going to lose the bet  :heyman

Reopen the Bad News Thread!  :steiner

Flannel Boy

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Re: Econ |OT| Great & Depressing: Wuhan Drift
« Reply #27 on: March 08, 2020, 06:53:50 PM »
Him and his Marxian voodoo
If the bet were for a substantial amount, he would have caused a giant asteroid to strike the Earth.

Tripon

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Re: Econ |OT| Great & Depressing: Wuhan Drift
« Reply #28 on: March 08, 2020, 06:58:53 PM »
Reopen the Bad News Thread!  :steiner
That was clearly a thread about this coming recession and you turned it into a repository for news articles about grown men raping babies

I actually had to look at what I posted, and that was only 2 posts that had evil men preying on minors . I apologize for making you feel bad tho.

Nintex

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Re: Econ |OT| Great & Depressing: Saudi Grift
« Reply #29 on: March 08, 2020, 07:32:31 PM »
Saudi's are trying to strong arm the Russians. This could get ugly really fast.

Save us Larry  :shaking
« Last Edit: March 08, 2020, 07:44:08 PM by Nintex »
🤴

Re: Econ |OT| Great & Depressing: Saudi Grift
« Reply #30 on: March 09, 2020, 02:57:37 AM »
Another rate cut incoming? Is it time for the revival of 'good times' having people knock on your door to ask if you are interested in selling your house?  :money

Flannel Boy

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Re: Econ |OT| Great & Depressing: Saudi Grift
« Reply #31 on: March 09, 2020, 09:41:51 AM »
Dow −1,884.88 (7.29%)

BIONIC

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Re: Econ |OT| Great & Depressing: Saudi Grift
« Reply #32 on: March 09, 2020, 09:48:12 AM »
Margs

Occam

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Re: Econ |OT| Great & Depressing: Saudi Grift
« Reply #33 on: March 09, 2020, 09:51:26 AM »
Right Now
A 7 percent drop in U.S. shares triggered an automatic trading halt.
504

EightBitNate

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Re: Econ |OT| Great & Depressing: Saudi Grift
« Reply #34 on: March 09, 2020, 09:57:51 AM »
I don’t know what this means but it makes me feel panic
« Last Edit: March 09, 2020, 10:16:56 AM by EightBitNate »

Flannel Boy

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Re: Econ |OT| Great & Depressing: Saudi Grift
« Reply #35 on: March 09, 2020, 11:13:17 AM »
https://twitter.com/realDonaldTrump/status/1237024549046288385


This is great for people staying home because of coronavirus. Too bad it will bankrupts all the small shale companies, and put oil and gas workers out of jobs! Think of the cheap gas you don't need and won't buy!

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que

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Tripon

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Flannel Boy

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Re: Econ |OT| Great & Depressing: Saudi Grift
« Reply #39 on: March 12, 2020, 10:43:07 AM »
Western Canadian Select   $17.58
Western Canada Select (WCS), the price obtained for many Alberta producers of oil, averaged US$36.82 a barrel in January 2020.


Re: Econ |OT| Great & Depressing: Saudi Grift
« Reply #40 on: March 15, 2020, 05:32:17 PM »
Fuck my life, just my luck that all this rate cutting happened just after I renewed my mortgage. At least it was only a 6 month extension, maybe they'll stay this low for a while.

TEEEPO

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Re: Econ |OT| Great & Depressing: Saudi Grift
« Reply #41 on: March 15, 2020, 07:01:51 PM »

TEEEPO

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Re: Econ |OT| Great & Depressing: Saudi Grift
« Reply #42 on: March 15, 2020, 07:42:33 PM »
efficiency, i'm not joking.

I'm a Puppy!

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Re: Econ |OT| Great & Depressing: Saudi Grift
« Reply #43 on: March 16, 2020, 02:23:26 PM »
Dow down 2,700! Wow! Sad!
que

Tripon

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james

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Re: Econ |OT| Great & Depressing: Saudi Grift
« Reply #45 on: March 18, 2020, 01:26:32 PM »
Is shutting the market something I should worry about because I have a lot riding right now
:O

Tripon

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Re: Econ |OT| Great & Depressing: Saudi Grift
« Reply #46 on: March 18, 2020, 01:33:45 PM »
Quote
Plunging oil prices could be headed a lot lower – possibly below zero, according to one Wall Street analyst.

West Texas Intermediate crude oil, the U.S. benchmark, fell by more than 10 percent Wednesday to near $24 a barrel, a level last seen in April 2002.

“Oil prices can go negative,” wrote Paul Sankey, managing director at Mizuho Securities.

CORONAVIRUS CHOKEHOLD ON US WORSENS OIL INDUSTRY'S PAIN

The COVID-19 pandemic has brought the U.S. and global economy to a standstill by prompting “shelter in place” orders, social distancing between people and the cancellation of non-essential travel. The sharp slowdown in economic activity has curtailed the need for oil.

If that weren't enough, Saudi Arabia recently slashed oil prices and raised output after Russia refused to join OPEC in deepening production cuts.

Oil is a 100 million barrel-per-day market, but Sankey says it’s possible that the economic fallout from the pandemic could zap demand, creating a 20 million barrel-per-day surplus.

https://www.yahoo.com/finance/news/oil-prices-could-fall-below-152446634.html

james

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Re: Econ |OT| Great & Depressing: Saudi Grift
« Reply #47 on: March 18, 2020, 01:38:22 PM »
Uh, no, oil prices cannot go below zero?
:O

Nintex

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Re: Econ |OT| Great & Depressing: Saudi Grift
« Reply #48 on: March 18, 2020, 07:11:19 PM »
Fill up the strategic reserves boys, the next war is on me :trumps
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Tripon

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Akala

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Re: Econ |OT| Great & Depressing: Saudi Grift
« Reply #50 on: March 19, 2020, 10:46:07 PM »
we 'lost' like 1/4 (1/8?) or more of the national service industry this week, or at least they were allowed to seek benefits. it's going to be unprecedented. 

Joe Molotov

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Re: Econ |OT| Paper Mario and the Trillion Dollar Coin
« Reply #51 on: March 21, 2020, 01:59:08 PM »
Landlords :yuck
©@©™

kingv

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Re: Econ |OT| Paper Mario and the Trillion Dollar Coin
« Reply #52 on: March 21, 2020, 10:57:05 PM »
https://twitter.com/modestproposal1/status/1241389189490454528

I literally don’t think you could print enough money to worry about bond prices in this environment.

Tripon

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Re: Econ |OT| Paper Mario and the Trillion Dollar Coin
« Reply #54 on: March 23, 2020, 09:59:46 AM »
This thread is stupid there is no economy anymore

Who wants to buy a jar of my bath water?  Bidding starts at 5.60 CAD or two barrels of crude. 

Madrun Badrun

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Re: Econ |OT| Paper Mario and the Trillion Dollar Coin
« Reply #55 on: March 23, 2020, 02:27:38 PM »
Feds, buy my bathwater, please!  The GOP will finally let you do it. 

TEEEPO

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Re: Econ |OT| Paper Mario and the Trillion Dollar Coin
« Reply #56 on: March 23, 2020, 04:23:45 PM »

Nintex

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Re: Econ |OT| Paper Mario and the Trillion Dollar Coin
« Reply #57 on: March 23, 2020, 04:55:53 PM »
https://twitter.com/FT/status/1242061768752533516

:whew
Fed's ready to BRRR indefinitely and the Democrats are dragging their feet over carbon emissions for AIRLINES which won't exist in 7 months.

LMAO fucking idiots.
🤴

benjipwns

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Re: Econ |OT| Paper Mario and the Trillion Dollar Coin
« Reply #58 on: March 23, 2020, 06:02:16 PM »
Fed's ready to BRRR indefinitely and the Democrats are dragging their feet over carbon emissions for AIRLINES which won't exist in 7 months.

LMAO fucking idiots.
You don't know what you're quoting means do you.

Nintex

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Re: Econ |OT| Paper Mario and the Trillion Dollar Coin
« Reply #59 on: March 25, 2020, 12:58:55 PM »
Quote
If Germany, NL et al turn them down it will be huge!

In the midst of the corona crisis the Dutch are not taking on the French debt and the French will never accept the price the Germans want them to pay which is sound fiscal policy :snob
🤴