They will start firing people thinking they can survive without them, but it will be too late by the time they realize they over estimated AI and made a mistake. The economic damage will be done.
Posts by Happy Miser
Here’s some blunt talk. 20-30% less retail sales, less everything. Our economy, our way of life, will not, cannot, survive that level of unemployment.
Loved hearing an analyst say today how great March was for the airlines despite the war, that consumers were fine and still traveling. Of course they were dumbass, those tickets were booked before March, were the cheap fares and non refundable. You just can’t believe a word these people say.
Wall Street loves looking in the rear view mirror.
This must be that, resilient, consumer we keep hearing about from investors.
So now this will drag on indefinitely. Every day this continues, the damage on the other end increases exponentially to not just our economy, but the world’s economic situation.
He’s like a 79 year old pair of shriveled up testicles. He just hangs around and is of no benefit to anyone.
For everyone except the job market.
Every time we see a headline like this, the world needs to be reminded this is the result of one man’s reckless actions, and an equally reckless Republican Congress’ inaction.
The money shot is now a skin care routine? Didn’t see that one coming.
Who did everyone think Trump was going to nominate? I think there are 12 voting members on the Fed. I’m not advocating for him, but he can’t change rates on his own. Additionally, if they did get loose with rates, the markets, and ultimately the economy, would reign them back in.
I think Newton’s Third Law Of Motion is being ignored here. Lots of spending equals lots of debt.
Day after day I hear these Wall Street frauds come on CNBC and tout how the consumer is resilient because they’re spending more, but it’s because shit costs more. Just fucking sick and tired of all the lying.
The level of hypocrisy is mind boggling. Being concerned about sanctioned Iranian crude while extending waivers on sanctioned Russian crude is pretty rich.
Wall Street just loves driving the car by staring in the rear view mirror, ignoring that, “Bridge Out Ahead”, sign.
What a bunch of F-ing crybabies. You don’t have to go!
Seems to me it was just yesterday that everyone was outraged about transgender athletes in women’s sports. Can’t wait for the outrage on this one.
I’m not against this, just questioning the practicality of it with all the other things we got going on. Best case, it would enable mobility for the disabled, especially soldiers injured in battle. That would be impressive.
Here’s a thought. Bring back the Windfall Profits Tax. The Windfall Profit Tax of 1980 was a U.S. federal excise tax imposed on domestic crude oil producers to recoup revenue from increased oil prices following the OPEC oil embargo. Same shit, different day, different players. We get screwed.
Kash is about to get a lesson in investigation from the Atlantic’s attorneys.
I don’t think he understands what discovery means.
And I’m sure this isn’t happening here in the US. No way Trump’s loyalists are screwing around with our economic data to make him look good. He just wouldn’t allow that!
Really pathetic to see these Republican sycophants, slavishly beg for more, each time Trump shits on them.
I guess I’m missing something here because I’m not seeing, feeling the de escalation part.
Thank you for stating the obvious. The willful ignorance and denial of everything going on is breathtaking. Investors apparently don’t buy groceries, have to put gas in their cars, pay a mortgage, make car payments, pay utilities or struggle to afford healthcare.
Thank you, my bad. I guess I’m a little blinded by my anger at the overall recklessness.
Quit your whining. You don’t have to go!
Sure. Let’s potentially sink a taker with hundreds of thousands of gallons of oil and create an ecological disaster. Just too fucking stupid and reckless to comprehend. The sooner the devil calls this empty vessel home, the better off for the planet.
I guess that pretty much puts the mask, no mask debate, to bed.
I’m struggling to figure out why this means anything other than somebody built a machine that can go faster than a human. I guess we don’t already have anything like that.