I'm waiting for it to trickle
this post was submitted on 07 Nov 2024
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Trickle on me daddy
What are you talking about? We've been getting trickled on for years now. Oh wait that's piss.
It seemed really obvious, like, I had this thought before the election was called that I should start grabbing some stonks because the uncertainty dipped everything for a minute.
But I don't have money for stocks right now, I'm simply not in the position. (Okay I own like one, for my favorite (not starbucks) coffee chain lol)
And then everything jumps massively after his "win", because all the corpos are probably anticipating massive deregulation.
I probably would've been gutted on short term gains fees anyway lol.
That's how it works though isn't it? The secret is to already have a bunch of money and stock and general capital...then when it dips, it's not so bad, and when it surges, you win such a payout!
How ingeniously simple! /s
And this is only to begin with.
I don't see in the article what percentage of this increased 'value' was actually spent on stocks. It seems such a house of cards to say the unrealised value of retained holdings is worth anything like the figure you get if applying the most recent trade's value to all existing shares. A value beyond a percentage of the company's assets and projected yield makes for a pretty risky game of hot potato for anyone buying in at the end and the potential for ridiculously overblown paper losses for anyone who got in at the start of the pyramid scheme with knock-on effects that propagate out to the real economy through the contagion of doomsaying. Bonds are a far more transparent way of raising funds and incentivise productive endeavours with good fundamentals as the company needs to pay from profits rather than offloading rewards to the system of finding another sucker (which can happen with bonds as well if sold before maturity in the belief that the issuer will be unable to fulfill their promise).
Trickle down aaaaanny day now ....
Surely, now everyone will be hiring for all kinds of jobs and competing fiercely for who pays the best and offers the sweetest benefits, across all industries... Right? :D
/s
:(
$ 214 per person
So Musk's investment in election interference of what, a million bucks a day? towards bribing people to vote now looks like an utter pittance relative to what he made back in just one day.
Of course these guys know that investing in elections has a good ROI.
For added perspective: spending a million as a billionaire is the same as spending $1 when you have $1000 in your bank account.
It is utterly meaningless.
Especially if you did it only 45 times or so at $45 invested and got $26,500 back a day after the election
Thank goodness, they were having such a rough time of it
Keep pulling and the rope is gonna break, sooner or later
600,000 people diagnosed with terminal cancer each year in the US. 800 billionaires. Just saying, they will likely die before they even get sentenced. And it's entirely likely the billionaires own or supported companies that caused that cancer in the first place, or supported medical systems that didn't allow people to properly be screened or treated for cancer.
It's like if Walter White wanted to help others
Akumetsu.
Thats the problem with Anarchy is they have resources and you don't so in open warfare they win every time.
You could try to form a large organization pooling resources for a specialized fighting force but...
Oh look, half of the USA just voted alongside the Billionaires. Looks like we're outnumbered.
Meh it only takes one person pulling a trigger to end a billionaire's life. Not that I am advocating that, but there is no real way to protect themselves from the masses unless they go hide in a bunker.
We're at 5 and counting potential Donald Trump assassins thwarted so far. Thats at least 500% over estimate, yikes.
Elon Musk probably isn't that much easier of a target, I'm sure he pays good money to be guarded, but maybe.
One kid with no help or formal training almost blew his head off. They are way more vulnerable than you can imagine.
oh right. goodbye, biden's billionaire tax.
It was a mad jump in the markets and it still holding
Guy making $8/hr: the economy is better now
Dems for decades failed to properly address social inequality, while proudly parading their politically correct talk about "communities", "affirmative action" etc. This is a feel-good talk for their white middle-class demographics, while actual people in actual "communities" felt like animals in a zoo with a bunch of aliens around them figuring out what's the best name to call them. At the same time no meaningful change ever happened.
Trump won Latino votes in Miami. Just think about how much distrust the other side must have built.
Stop blaming the voters. Look into the mirror and ask yourself how could this have happened.
What's really funny about Trump winning Latino votes in Florida is that when surveyed, they went Trump for "the economy". So... my comment stands.
But yes as a Canadian, the results of the US election and the performance of the Democratic party are things I'll personally need to "look in the mirror" about.
Alternatively, I can appreciate how dumb American voters are, as 70 million of them vote to actively make their lives much worse. <3
Just wait for the next elections to hit your country with a right-wing populism like a truck.
It's the same shit all over the developed world. Looking down on people who are upset with the current system and the democracy itself.
Any day now eggs will go back to costing what they did in 1992...
what was that? like $4?
$0.80, something like that.
I agree with this take. It's like people have the grocery prices from when they first started living on their own seared into their brains.
Don't call me out like that..
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