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greyenlightenment

investments: META/FBL, TSLA, TQQQ, TECL, MSFT ...

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joined 2022 September 04 18:26:17 UTC

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User ID: 68

greyenlightenment

investments: META/FBL, TSLA, TQQQ, TECL, MSFT ...

2 followers   follows 0 users   joined 2022 September 04 18:26:17 UTC

					
				

				

				

				

				

					

User ID: 68

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Agree. I think most of this is overblown. That's not to say it isn't bad, but it's not going to lead to crisis as many are predicting. Consider a $5 cup of cofree from Starbucks. The bulk of the price is the advertising. Raw goods are only a small percentage of the final price of a good. The beans, which are imported, are a tiny percentage of the final price, so the math works out to a final inflation tally that is much less than the touted 10%.

Not all goods are imported, raw goods are only a fraction of the cost of a good. So it evens out to much less than 10%. A large percentage is advertising . For a $5 cup of coffee Starbucks, only a tiny percentage of the price is the raw goods.

Stocks have exhibited a long-term tendency to rise, so buying dips has generally been shown to be prudent. Institutions have to meet other criteria, like defined risk tolerance. You don't have to be that knowledgeable to observe this trend, and even the experts who are assumed to be knowledgeable have been shown to be no better than a coin toss e. g. "J. P. Morgan sees 40-60% chance of recession in 2 years" This is what passes for 'expert analysis'.

similar to Covid, the market is pricing in the non-zero possibility of something really bad happening. like a bad recession or hyperinflation. Like Covid, history has generally shown such moves to be an overreaction.

As far as I'm concerned, the collapse is well underway. The only thing Trump did was rip down the curtain.

the market was at close to record highs just 4 weeks ago, and the crash came right as Trump unveiled the tariffs. Your analysis seems to get the causality wrong.

It always takes a few hours for the thread to be populated with topics ,and then the discussions build from there

it's see-sawing. I added to the dip. I think it's an overreaction. It's one of those things where it's not suddenly going to get better as both sides have massive egos invested, but IMHO it's not as bad as the headlines and market reaction would imply.

People getting way poorer from stocks crashing than from tariffs, which aren't even going to be that bad in terms of projected increase in inflation (2-3% overall). Whole thing feels like a huge overreaction. Stock valuations are based on multiples, so a small loss of profits can mean a large decrease in share price.

Trump made tariffs a cornerstone of his campaign, and he's acting on that, so there is nothing to expose. But some ppl got more than they bargained for. voter regret. ppl did not expect such bad tariffs, China to retaliate, or the reaction by stocks to be so negative. I think it's a way overreaction.

The market's huge selloff is a pretty clear indication tariffs are a net-negative. any gains in some small manufacturing are negated by losses elsewhere in the economy.

the obvious play would be to short US equities, and then implement retaliatory tariffs. the windfall from the short would help offset the economic loss from the tariffs . imagine had Chinese officials shorted S&P 500 futures through intermediaries b4 announcing its retaliatory tariffs.

ACA and The Biden-Harris Administration's Student Debt Relief Plan

sure, it's not the same as single payer and free college for all, but it's something

The dems offer a lot: student loan forgiveness, healthcare reform, housing reform, etc. It's just the handouts are not as effective at winning votes.

GW Bush pandered extensively to Hispanics, and now Trump does the opposite and wins them over. Trump has made it abundantly clear, when it's not implied, the distinction between legal, productive immigrants compared to illegal or law-breaking ones. The former know and can infer that Trump is not referring to them.

"if the republican party is to survive" people have been using this line for as far as I can remember, and yet if Trump's win, strong House and Senate showings, the SCOTUS, and the woke-backlash are any indication, the Republican party is doing just fine, even thriving. Both parities operate a lot on vibes. if the vibes are negative , the incumbent may lose, like in 2020,2024. Except for maybe blacks and 'single young urban women' , voting patterns can change at a whim based on vibes.

then how does this explain flying? maybe people choose flying because its faster at the cost of loss of control

An alternative is of course having your groceries delivered, which is still far cheaper than owning a car.

Not always. in the long-run a car is cheaper. You pay a huge premium for delivery.

Car/stroad haters seem to overwhelmingly be young, childless, apartment-renting city-dwellers. If you somehow aren't, then your critiques make no sense.

lol, on Reddit there is a nearly 1-1 overlap between childfree/fuckcars subs

And they also are denser or in other ways optimized for public transport. America , except for some cities, has never been optimized in this way.

being stuck in traffic is offset by time waiting for the bus/train to come, stops, and so on. Except for maybe BART during heavy congestion, it is not faster.

Cars give convenience , which is close enough. Public transportation is slow and a waste of time even if it saves a small amount of fuel. Time wasted waiting for the bus, bus stops, and then walking too and from the stops.

Why is modern architecture so bad, and so common?

This is more like one person's opinion than a matter of fact

the WTC facade, composed of tridents situated above the square aqueduct-like arches of the foyer, was an example of visually pleasing modern architecture. it does not always have to be bad.

yeah AFQT is basically a modified IQ test

cognitive tests are already allowed and common: it's called the Wonderlic test. There of tons of threads on Reddit of people having taken it. The NFL has used the test for a decades and not once has been sued despite blacks consistently doing much worse than whites.

sounds like a copypasta or bad ai