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Post subject: Re: Does anyone care about the economy?
Posted: Sat October 10, 2020 8:28 pm
See you in another life, brother
Joined: Thu December 20, 2012 4:45 pm Posts: 6654
Bi_3 wrote:
4/5 wrote:
It's tough to comprehend how stupid a person would have to be to surprised that the stock market would react badly to an announcement that there will be no spending package.
Unless it has dawned on him that his tweets can predictably alter the stock market... which gives some in debt an interesting way out.
Well this is something I said 4 years ago. Early in his presidency and a few times along the way this was something I've thought about and been suspicious of.
At this point I'm extremely hesitant to ever assign any motive to his texts that are logical, even if self-serving, because then we get into that territory of alternating between "he's an idiot" and "he's an evil genius" that I find particularly annoying. So at this point I'm assigning it to stupidity, but if evidence came out about his presidency being one massive pump and dump scheme I'm open to that being possible.
_________________ "I want to see the whole picture--as nearly as I can. I don't want to put on the blinders of 'good and bad,' and limit my vision."-- In Dubious Battle
Post subject: Re: Does anyone care about the economy?
Posted: Mon November 16, 2020 9:02 pm
Looks Like a Cat
Joined: Tue January 01, 2013 11:28 pm Posts: 14542 Location: Space City
Didn't know where else to put this, but I was a bit flummoxed by a convo I had with a guy at the coffee shop today. The topic was those dockless scooters.
Here in this neighborhood plenty of brick and mortar startups centered around these scooters are popping up. People are riding them everywhere. Surely a lot of these businesses will fail, given supply and demand, but I wager that if this scooter trend sticks around, the well-run ones will grow.
Now, contrast that with the dockless model that is starting to be outlawed in multiple cities. Austin specifically comes to mind. At one point in time, you couldn't walk anywhere without nearly tripping over one. Some were in ditches. Some in the river. Etc.
So I brought up how much better I think a brick-and-mortar model is, especially in a sprawling city like ours where you couldn't go far on one even if you wanted to, and this guy keeps harping on the idea that the dockless model has waste built in to their profit margins.
So what? Even if that is true (which seems like bad business), I can't fathom how much the unintended impact of these scooters literally everywhere is on the greater environment and economy. It just seems like such a slog that way, on so many levels.
_________________
dimejinky99 wrote:
I could destroy any ai chatbot you put in front of me. Easily.
Post subject: Re: Does anyone care about the economy?
Posted: Mon November 16, 2020 9:26 pm
Looks Like a Cat
Joined: Wed April 20, 2016 7:11 pm Posts: 14269
Let it Ride Falling Down Blood
_________________ "The fatal flaw of all revolutionaries is that they know how to tear things down but don't have a f**king clue about how to build anything."
Last edited by Bi_3 on Mon November 16, 2020 9:29 pm, edited 1 time in total.
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