Still think TITNC3: Return of the Iceberg was peak

MickDog13 · May 12, 2022

kairo[OP] said: ↑

$260k is a lot to ask from YOUR perspective. I have the skills, and I want to work. I've made more than that before. I'm offering you a discount actually. That's my requested compensation package. (Actually it's not, I'm shopping for $300k OTE right now, but that's not important)

If someone makes $50k and thinks they have it good, it doesn't mean everybody that makes $50k is doing well.
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the job market is, despite the persistent notion otherwise, mostly flush with entry level jobs.
You want $17 an hour to start? TOOOOOOONS of jobs out there.
You want $35 an hour?
A LOT fewer and farther between.

It’s quite a bit more nuanced than “places are begging for people.”
Taco Bell and Arbys, Yes, they are begging for people, Lockheed and Raytheon???
Not as much.
.mil ref for you @kairo, Military Industrial Complex money printer goes Brrrrrrrr…
With recent global expenditures of arms…

jandrews · May 12, 2022

kairo[OP] said: ↑

Premarket is fuk. Hold me
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Lovin it.

Cost basis just keeps gettin better and better!

Iwilltaco · May 12, 2022

jandrews said: ↑

Lovin it.

Cost basis just keeps gettin better and better!
Click to expand...

Well, I guess it’s time I start buying.

jandrews · May 12, 2022

Iwilltaco said: ↑

Well, I guess it’s time I start buying.
Click to expand...

Seems we're at your price point

Iwilltaco · May 12, 2022

jandrews said: ↑

Seems we're at your price point
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Yea, now I’m thinking pre Covid shutdown prices would be better
We will see. It’s getting difficult to resist buying dips

jandrews · May 12, 2022

Iwilltaco said: ↑

Yea, now I’m thinking pre Covid shutdown prices would be better
We will see. It’s getting difficult to resist buying dips
Click to expand...

This right here is how bottoms get missed

Not saying we are currently at the bottom. But I'm fine with price-determined buys from 10% down to the bottom or when I run out of war chest, whichever comes first.

Either way, gettin a substantial discount on 10 years from now.

Iwilltaco · May 12, 2022

jandrews said: ↑

This right here is how bottoms get missed

Not saying we are currently at the bottom. But I'm fine with price-determined buys from 10% down to the bottom or when I run out of war chest, whichever comes first.

Either way, gettin a substantial discount on 10 years from now.
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I agree. I just want a discount from 2 years ago. I was promised the biggest dip I’ll ever see.

Mikeh80 · May 12, 2022

I just read that the US is cancelling more offshore oil/gas leases in Alaska and the Gulf.
To me this looks like more inflation on the way. Energy looks like the root of the problem.

TreeFortRichard · May 12, 2022

$GTII $SHIB dividend update...
THE TOTAL PRICE TO COVER THE TOKENS is now OVER ELEVEN THOUSAND DOLLARS!!!
255.8M shares, 4 tokens per share...
WTF holding $GTII would be a hedge against the dip?
LOL...clownworld

99TacoDriver · May 12, 2022

kairo[OP] said: ↑

lol. Shit's fucked. Good luck everybody
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This one has my vote for new thread title

vivid02 · May 12, 2022

If the past two years of stock market gains have evaporated, real estate values will also start disappearing.

Real estate just moves slow compared to liquid assets that one can sell or buy in seconds.

SoCal real estate has a growing number of listings with price cuts. Boise, ID and Phoenix, AZ and our favorite Las Vegas all have multiple listings, massive listings now and you see some asking price reductions.

Remember that Dot Com bust and 2008 recession was not just a 3 month event. It was 2 years of agonizing pain.

This time it is more special because we also have inflation on our backs.

Folks who own homes outright are golden!!
Folks who purchased a home with very little down payments within the past 3 years….ooff.

Iwilltaco · May 12, 2022

vivid02 said: ↑

If the past two years of stock market gains have evaporated, real estate values will also start disappearing.

Real estate just moves slow compared to liquid assets that one can sell or buy in seconds.

SoCal real estate has a growing number of listings with price cuts. Boise, ID and Phoenix, AZ and our favorite Las Vegas all have multiple listings, massive listings now and you see some asking price reductions.

Remember that Dot Com bust and 2008 recession was not just a 3 month event. It was 2 years of agonizing pain.

This time it is more special because we also have inflation on our backs.

Folks who own homes outright are golden!!
Folks who purchased a home with very little down payments within the past 3 years….ooff.
Click to expand...

Don’t think it matters unless you plan to sell your house

99TacoDriver · May 12, 2022

vivid02 said: ↑

If the past two years of stock market gains have evaporated, real estate values will also start disappearing.

Real estate just moves slow compared to liquid assets that one can sell or buy in seconds.

SoCal real estate has a growing number of listings with price cuts. Boise, ID and Phoenix, AZ and our favorite Las Vegas all have multiple listings, massive listings now and you see some asking price reductions.

Remember that Dot Com bust and 2008 recession was not just a 3 month event. It was 2 years of agonizing pain.

This time it is more special because we also have inflation on our backs.

Folks who own homes outright are golden!!
Folks who purchased a home with very little down payments within the past 3 years….ooff.
Click to expand...

'member when they were wondering where the liquidity from BTC was going to go?

i bet blackrock knows, swooping in to buy up real estate for fractions of the cost

jandrews · May 12, 2022

Housing prices are a product of supply and demand. Period. We have underbuilt for over a decade and there are way more families seeking houses than houses available.

The corporate thing is incidental and doesn't matter anyway. Commodities are commodities and houses are commodities.

TreeFortRichard · May 12, 2022

https://www.dailymail.co.uk/sciencetech/article-10618387/Men-armchair-experts-think-land-plane-watching-YouTube-video.html

Men are armchair experts and think they can land a plane after watching a YouTube video
By Colin Fernandez For The Daily Mail 04:41 EDT 16 Mar 2022 , updated 04:41 EDT 16 Mar 2022

Some say men are from and women from – and when it comes to assessing their own abilities, men really do seem to be living on another planet.

New research has revealed that men are more likely to be 'armchair experts' than women.

Experts from the University of Waikato in found that men were more likely than women to think they could land a plane after watching a YouTube video.

Some say men are from Mars and women from Venus – and when it comes to assessing their own abilities, men really do seem to be living on another planet. New research has revealed that men are more likely to be 'armchair experts' than women (stock image)
Some 582 subjects were divided into groups, with half shown a three minute, 44 second clip of a pilot making a sudden descent.

But the clip was purposefully made to be 'useless' – as you could not even see the aircraft controls – so it gave no extra insight into how to fly a plane.

Nevertheless, men rated their confidence 12.24 points higher out of 100 at landing the plane than women after both sexes had watched the video.

Scientists from the University of Waikato in New Zealand published the study in the journal Royal Society Open Science.

Study shows girls less likely to associate 'brilliance' with their gender

'Men tend to be more overconfident in their knowledge and abilities than women—even in a high-stakes environment, such as competitive running and diving,' the researchers said.

'This gender overconfidence gap is most prevalent when people are asked to evaluate their performance on a masculine-gender-typed task.

'By contrast, women do not show the same overconfidence for feminine-gender-typed tasks.'

Despite men's more obvious cockiness, both sexes were overconfident in landing the plane 'without dying' after watching the video.

The authors said having a visual representation could help the viewer better imagine they could really land the aircraft.

Women are more likely to admit if the bill is wrong
In a , researchers from Tel-Hai College in Israel set out to understand customers' capacity for honesty in real-life situations.

A group of 278 participants were asked to eat alone at a restaurant in Tel Aviv and order two items from the menu, such as a coffee and a sandwich.

At the end of their meal, they were presented with their bill, but one of the two items they had eaten was missing.

The researchers found that the majority (169) of the participants failed to flag the error to their waiter.

However, a range of factors appeared to play in role in the decision of whether or not to raise the issue with the waiter.

Female customers were 16 per cent more likely to report the missing item than male customers.

And those customers whose more expensive item had been omitted reported the error twice as often
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Confirms.
https://m.youtube.com/watch?v=w2fQkJGbRcA

vivid02 · May 12, 2022

Iwilltaco said: ↑

Don’t think it matters unless you plan to sell your house
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Yes very true!

But, when companies start losing massive amounts of their share prices, first thing these CEO fuckers do is start laying folks off. It’s the quickest easiest way for them to off load on assets.

A company can dump 10% of its workforce overnight. They cannot sell their forging press or unused equipment for months.

When these working folks or no longer working were stretched thin affording their mortgage due to inflation, no job will force them into foreclosure.

Amazon is going to have workforce reduction very soon. They will start the wave.

The hard part is trying to predict by when will it all hit rock bottom. I am think end of 2023 beginning of 2024.

Iwilltaco · May 12, 2022

vivid02 said: ↑

Yes very true!

But, when companies start losing massive amounts of their share prices, first thing these CEO fuckers do is start laying folks off. It’s the quickest easiest way for them to off load on assets.

A company can dump 10% of its workforce overnight. They cannot sell their forging press or unused equipment for months.

When these working folks or no longer working were stretched thin affording their mortgage due to inflation, no job will force them into foreclosure.

Amazon is going to have workforce reduction very soon. They will start the wave.

The hard part is trying to predict by when will it all hit rock bottom. I am think end of 2023 beginning of 2024.
Click to expand...

I thought we agreed we couldn’t worry about the poors anymore

theesotericone · May 12, 2022

Iwilltaco said: ↑

I thought we agreed we couldn’t worry about the poors anymore
Click to expand...

We're becoming the poors. lol

MickDog13 · May 12, 2022

Reading the sob stories of people losing their life savings in the Terra Luna crypto crash.
I don’t feel sorry for someone who just lost their life savings who bet it all on one highly volatile form of “investment.”

morons.

Fohu · May 12, 2022

Markets r fuk
Recently sold my house, originally paid 300k
Just seen it’s back on the market 730k
I bought for 300k 2 years ago

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Still think TITNC3: Return of the Iceberg was peak

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vivid02 Buy a Tesla…..I need the gas.

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jandrews Hootin' and Hollerin'

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