The Stock Market Is Not The Economy Thread II

[Koyangi]

It's like ten thousand spoons when all you need is a knife.

[archibaldcrane]

Didn't realize this on Friday but the U-6 unemployment rate (including part time workers and people "marginally attached" to the labor market, sometimes called the "real unemployment rate" by cranks) is at an all-time low of 6.7%, was 6.8% in October of 2000, the previous record.

[Outlaw]

Worst orange crop since WWII incoming.

Florida's orange crop production will likely plummet to record lows this season thanks to Hurricane Ian, the U.S. Department of Agriculture said Wednesday. That assessment compounds an already weak citrus production situation in the state.

https://www.nbcnews.com/business/con...-ian-rcna51942

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[mallister]

first the gay frogs, then the great crab abduction, and now drowned oranges. WHEN WILL THE LIBERAL-CHINESE COMMUNIST HOAX END??

[rodirozmar]

In general, choosing the path of a trader is cool. The term "financial freedom" means more than just having enough money so that you don't have to worry about bills and other everyday problems, and also includes REAL freedom.

[Spicyryan]

In general, choosing the path of a trader is cool. The term "financial freedom" means more than just having enough money so that you don't have to worry about bills and other everyday problems, and also includes REAL freedom.

Financial freedom is a myth. Just like passive income.

[thetruepandagod]

maybe for thee

[archibaldcrane]

yeah this shit is pretty fucking passive, and if I hired a property manager it would be extremely passive

[NynJa]

Did this dumbass just say "passive income is a myth" days after ranting and raving about how landlords are pieces of shit garbage human beings who rely on their passive landlord income??

[Spicyryan]

Did this dumbass just say "passive income is a myth" days after ranting and raving about how landlords are pieces of shit garbage human beings who rely on their passive landlord income??

Hi, I'm NynJa, I don't understand what is being said or implied. Let me confuse something else as well, but boy is that Spicy a dumbass, amirite every1?

[kuronosan]

Financial freedom is a myth. Just like passive income.

Wat

[Mrbeansman]

Something something capitalism bad.

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[Spicyryan]

Wat

Financial freedom is just a silly arbitrary term.

Otherwise there is no outputs without inputs. No perpetual passive motion money machine. Otherwise, it is outsourcing exploitation anyway.

[kuronosan]

Dude, everything is an arbitrary term.

[Spicyryan]

Dude, everything is an arbitrary term.

Like, the universe has no limits bro. When you think about it, nothing is really defined. What are laws but a human construct? Just like, far out, man.

[kuronosan]

You're not even touching your phone. Your electrons are in a superpositional state of repulsion.

[Spicyryan]

https://apnews.com/article/elon-musk...4ed61053554d1f

SAN FRANCISCO (AP) — Elon Musk plans to lay off most of Twitter’s workforce if and when he becomes owner of the social media company, according to a report Thursday by The Washington Post.

Musk has told prospective investors in his Twitter purchase that he plans to cut nearly 75% of Twitter’s employee base of 7,500 workers, leaving the company with a skeleton crew, according to the report. The newspaper cited documents and unnamed sources familiar with the deliberations.

Shocking

[kuronosan]

NO WAI WHO WOULD HAVE SEEN THAT COMING

[Yabby]

Don't need many people if you are not going to control the content posted.

Just needs some system engineers and a few programmers.

[archibaldcrane]

https://twitter.com/geoffmanne/statu...C7rjy2y1g&s=19

I know I talk about housing a lot

But that's only because it's the most important thing