Bad Economic Predictions
Bad Economic Predictions
I see. I missed that it includes domestic (even though you highlighted it). Not sure why, but there's my disconnect.
Bad Economic Predictions
This is interesting. I knew drinking was way down from previous generations, but never considered how it would impact restaurants.
"Happy slaves are the worst enemies of freedom." - Marie Von Ebner
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
Bad Economic Predictions
Well, for one thing, a lot of kids are living off of their parents longer. I believe kids today are being/have been conditioned to believe certain things that are not good for them. In this example, a lot of kids see DoorDash as a necessity and not a luxury. They're told they must have a college degree, but it's never specified to them that it should be something that leads to a profitable career. Meanwhile, most are given no financial training in school, which has spawned a whole industry of predatory lending. No generation has ever had "The Joneses" so thrown in their face daily, which inspires spending. Many aren't taught basic skills because mom and dad (or whichever one they live with) is working and they don't have time to spend together, which means many have to pay for things they otherwise could do themselves.
To be fair, housing prices have started to drop.
"Happy slaves are the worst enemies of freedom." - Marie Von Ebner
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
Bad Economic Predictions
"Happy slaves are the worst enemies of freedom." - Marie Von Ebner
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
Bad Economic Predictions
Make it easier to build shit, then build it.
It's not me, it's someone else.
Bad Economic Predictions
Agree, but whose fault is it that shit is hard to build?
Is it bad laws/policies? Shortage of materials/labor? Tight profit margins?
Is it bad laws/policies? Shortage of materials/labor? Tight profit margins?
"Happy slaves are the worst enemies of freedom." - Marie Von Ebner
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
Bad Economic Predictions
It's #1. #3 is a product of #1. But it's absolutely #1. Reading a good book about it now called Stuck: How the Privileged and the Propertied Broke the Engine of American Opportunity. tldr: Everyone's a NIMBY.
Arbitrary Lines seems of a similar vein, but have not read it.
It's not me, it's someone else.
Bad Economic Predictions
Meh. So they build something nice and then other people want to come in a crowd it up? Maybe go build your own shit! We moved to a much more rural area, to get away from the crowds. It's getting crowded. Why do I have to move again? Maybe they should be filling some other empty land somewhere else. So ya. Not in my back yard.
Bad Economic Predictions
I think there's plenty of room still in cities/suburbs. Maybe they need to rezone some areas, like that commercial zone outside every city that no businesses ever moved into.
"Happy slaves are the worst enemies of freedom." - Marie Von Ebner
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
Bad Economic Predictions
Catt, does WuWei have a point about Japan?
These numbers seem scary for an industry/tech that insiders say is a bubble waiting to burst and all the mega deals happening are circular.
"Happy slaves are the worst enemies of freedom." - Marie Von Ebner
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
Bad Economic Predictions
Kinda, not as extreme, and there was already a market reaction to this years ago when the 0-1% trade ended in 2022. (Stocks down 20% that year).
Yeah, seems like super bubble time. But who knows when it pops? Right now, everyone's full gas until AGI. If AGI can even happen with current techs.
It's not me, it's someone else.
Bad Economic Predictions
Someone on Twitter: So you are saying bearish on butthole pics?
And I'm thinking, better get in early before the butthole pic market gets flooded and even those prices go down.
And I'm thinking, better get in early before the butthole pic market gets flooded and even those prices go down.
Bad Economic Predictions
WuWei cracks a lot of jokes, thus the butthole stuff, but I was wondering if they nailed the Japanese history stuff.
LOTS of question marks on AGI, if we can pull it off now, and more importantly, if it's even worth it. Again, lots of questions about revenue sources.
"Happy slaves are the worst enemies of freedom." - Marie Von Ebner
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
Bad Economic Predictions
Thing is... you do it, and you WIN. You unlock all sorts of things. It's like "we're looking for pots of gold at rainbows" sure, it's hard, but if there's one...
It's not me, it's someone else.
Bad Economic Predictions
Absolutely true. Of course, there could be pots of iron sulfide waiting too.
"Happy slaves are the worst enemies of freedom." - Marie Von Ebner
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
Bad Economic Predictions
No lies detected.
Evolve or die.
Evolve or die.
"Happy slaves are the worst enemies of freedom." - Marie Von Ebner
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
Bad Economic Predictions
Wife inherited about 5 ounces of gold (coins). She's asking "When do I cash them in? Do I just hold on to them forever?" I said, "If you hold on to them forever, they basically have no value to us." So she's asking about selling them now and 'investing' the money in a savings account. Gold is projected to hit 5k in 2026. If it hits it at the end of 2026, that's a 15% increase in one year (ish). She's not going to see anything close to that through some other low risk means. Who thinks gold will hit 5k? And if it's going to, how much more gold should we buy now?!
What does the future hold for gold?
What does the future hold for gold?
Bad Economic Predictions
Projections are dumb and worthless.
Well, with Trump's economic plan, gold may do well. It may not. I remember the early 80s.
I recommend selling here: https://www.apmex.com/ I sold a bunch of silver a dozen or so years ago to them. Better prices than any store by far. Though gold may have less spread than silver in % terms.
It's not me, it's someone else.