• 3 Posts
  • 185 Comments
Joined 2 years ago
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Cake day: June 8th, 2023

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  • I haven’t read this take yet, and I’m not an economist.

    My point is that right now, boomers are doing everything they can to invest, so its a self fulfilling prophecy of ETFs and investment funds. Where everyone is buying in because the stocks are preforming well and the stocks are performing well because everyone that plans to retire is buying in.

    However once boomers start to either sell their assets or die off, there will be a sudden surplus of stock and other assets in a pretty small window. And i doubt it will be a boon for the economy or the stock market.



  • I’m sure this will be an unpopular opinion, but any publicly traded company no longer needs to post a profit. Boomers are retiring and 401ks ensure that these companies will make money purely from “value potential”. Maybe in 20 or so years as the demographics change this will be different, but this is how I see it going down today.

    If all of America collectively decided not to purchase from publicly traded companies, and instead only bought from small local companies for just one month. I doubt it would even register on a YTD stock price chart. It would need to be a true philosophical change in how we consume products, and it would have to last for longer than a month to be effective. On top of that, only privileged households will realistically be able to “choose” not to buy consumer goods.

    I think we should all buy less and be more mindful of where our money goes. I think we should buy locally and promote businesses that you agree with on levels beyond the value of the good or services they offer as often as possible. However, I don’t think we can effectively protest this way unless it was a true lifestyle change for a large portion of the country.








  • If you block data sources because you fear misinformation, then you also can’t discuss the misinformation/propaganda you disprove of. If you don’t allow that information to be posted, it is still being read by many many people that now have less chances of being informed about it being misinformation.

    I don’t think limiting information is ever a good solution

    Also, I agree with your reply on beehaw.

    You can post third party source that discuess the orginal article and that way you can gurantee accessibility and almost full info.

    https://infosec.pub/comment/14276780



  • You know, when FBI officials testified before the Church Committee they said, “At one point we had fifteen thousand people on the Security Index.” Expressing it like that you get the feeling that at one point we had as many as fifteen thousand. But that’s like saying that when you’re filling up Soldier Field for a football game, at some point you have fifteen thousand in the stadium. But wait a few minutes and you’ve got several thousand more. This is the way the FBI gives the information to Congress, and Congress doesn’t know what the hell they’re saying. They think: “Well, at some point that’s the maximum that we had,” which is not true. At some point we had fifteen thousand—leading up to a hundred thousand.

    • Red Scare (Griffin Fariello)