The Stock Market Is Not The Economy Thread II

**kuronosan** · 2021-11-10 13:58

Well hey gotta make money when there's more money amirite

**Andalusian girls** · 2021-11-10 14:15

weird

maybe we should print more money to combat it

**Zealot** · 2021-11-10 14:22

As long as the supply chain remains fucked prices will continue to rise. Harder and more expensive to get stuff now than it has been in 30 years.

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**Andalusian girls** · 2021-11-10 14:28

i dunno i think printing more money might help

**Jaybar** · 2021-11-10 15:22

Originally Posted by Andalusian girls

i dunno i think printing more money might help

Should ship people that money in freighters.

**Mertron** · 2021-11-10 16:26

Originally Posted by Andalusian girls

i dunno i think printing more money might help

is it time for more biden bucks

im down for more biden bucks

**Mertron** · 2021-11-10 16:27

“we will give everyone $2100 this time!*”

*we already gave you $2000 so it’s $100

**archibaldcrane** · 2021-11-10 23:13

I have no idea what the ramifications of this are for China or beyond

but it sure is a lot of money

https://twitter.com/Blake_Allen13/st...R5cBa6i4w&s=19

**Krandor** · 2021-11-10 23:23

The us stock market went pretty wild for a few days when the story was first breaking, but I think most of the global economy has worked itself around them going under.

How it will play out in China specifically tho I have no idea.

**Zealot** · 2021-11-11 02:53

I think China was banking on controlling the entire world before their economy had a chance to collapse.

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**6souls** · 2021-11-17 13:32

https://apnews.com/article/crypto-ar...573583899aa549

The Staples Center's name is being changed to the Crypto.com Arena on Christmas day.

The downtown Los Angeles home of the NBA’s Lakers and Clippers, the NHL’s Kings and the WNBA’s Sparks will change its name after 22 years of operation, arena owner AEG announced Tuesday night.

A person with knowledge of the deal tells The Associated Press that Crypto.com is paying $700 million over 20 years to rename the building. The person spoke on condition of anonymity because the parties aren’t publicly announcing the terms of what’s believed to be the richest naming rights deal in sports history.

The 20,000-seat arena has been the Staples Center since it opened in October 1999, with the naming rights owned by the American office-supplies retail company under a 20-year agreement. The name will change when the Lakers host the Brooklyn Nets in the NBA’s annual Christmas showcase.

Crypto.com is a cryptocurrency platform and exchange headquartered in Singapore. Founded in 2016, Crypto.com has been on a spending spree across the global sports landscape over the past year. The platform has inked high-visibility sponsorship deals with Formula One, the UFC, Italy’s Serie A, Paris St-Germain and the NHL’s Montreal Canadiens — while also purchasing the Philadelphia 76ers’ uniform sponsorship patch.

**6souls** · 2021-11-18 10:54

https://twitter.com/USDOL/status/1461325863543263238

**archibaldcrane** · 2021-11-18 23:08

Remember kids - the "supply chain issues" aren't that there's something wrong with the normal supply chain, it's that we are buying more shit than ever with the normal supply chain.

https://twitter.com/mtsw/status/1461374711917514753

**Athas** · 2021-11-19 05:18

And it's gone.

**archibaldcrane** · 2021-11-19 09:44

It was about how August was the highest month for volume at the port of los angeles in history - but he deleted because it was actually only the 2nd highest volume month in history.