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Zog

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Im curious about this line I drew from from the tops of 2018 and 2020.

Lines dont really mean shit in the grand scheme of things but it really intrigues me that it exists and were about to touch it.
 

Blazin

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Im curious about this line I drew from from the tops of 2018 and 2020.

Lines dont really mean shit in the grand scheme of things but it really intrigues me that it exists and were about to touch it.
I have same line I've been watching for a few years now but I have that we have already broke it
Capture.PNG
 

Hekotat

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Is anyone betting on crude eating shit with the recession looming? Seems like a smart play but I know fuck all about any of this.
 

Mist

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They
Is anyone betting on crude eating shit with the recession looming? Seems like a smart play but I know fuck all about any of this.
That would be a bad bet. You can have a recession and still have high oil prices. We're not even close to historical highs yet when you look at inflation-adjusted dollars.

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Captain Suave

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That would be a bad bet. You can have a recession and still have high oil prices.
If anything, high oil prices cause recession (or are at least leading/concurrent indicators) since everything in the economy wants cheap energy.

 
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Hekotat

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If anything, high oil prices cause recession (or are at least leading/concurrent indicators) since everything in the economy wants cheap energy.


Yeah I was curious after watching this

 
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Kuro

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See I figure we're all gonna be driving Flintstone cars so I'm investing in Shoe companies
 
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Sanrith Descartes

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There should be a Congress ETF. Investors buy shares which return dividends based on a percentage of the bribes they take each year.
 
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Sanrith Descartes

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The weekend pump to be followed by the Monday dump after all the shorts are in place.

 
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Sanrith Descartes

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The rules aren't the same for everyone. When is the last time the exchange shut down on your behalf so the short squeeze that is bankrupting you could be halted?

 
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Furry

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The rules aren't the same for everyone. When is the last time the exchange shut down on your behalf so the short squeeze that is bankrupting you could be halted?


Fun fact. At its current price, Russia has 750 trillion dollars of nickel that is currently known. Their exports at the current price are worth about 22 billion a year versus 3 billion a year two years ago. Story is like this with a lot of things Russia exports. Even if they just stop exporting to the west and stockpile on a lot of things they are ultimately making bank compared to before sanctions.
 
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Kithani

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There should be a Congress ETF. Investors buy shares which return dividends based on a percentage of the bribes they take each year.
I figured this would be an ETF that only buys / sells based on Pelosi’s disclosures. I realize they’re delayed but you don’t have to beat Pelosi just the S&P
 
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Hateyou

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If you employ 10 people at $10/hr and you replace them with robots, the cost of production goes down considerably, hence deflationary.

Amazon being able to completely automate their fulfilment centers with robots would absolutely explode in profitability.

Of course it's not just automation but just efficiency in all forms through technology.

Being able to just look at an inventory database instead of hunting through a giant pile of shit to see if you can sell someone something in itself saves labor and we've definitely come a long way in this but the great reset is with full automation for labor which will basically destroy the labor market but make everything so cheap, it's one of the biggest conundrums we will face, what are we all going to do when we don't need billions of low skilled workers to drive trucks and put shit in boxes?
Full automation of jobs is a pipe dream that will never happen. I work in automation and there are just so many things a robot is not good at. Plus you need tons of skilled people to maintain these robots, install them, develop them, etc. and finding even low skilled workers to work on easy shit like conveyors is tough. People (not enough of them anyway) just don’t give a shit and machines get into disrepair quickly.
 
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