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Bad Economic Predictions
Posted: Thu Mar 04, 2021 4:01 pm
by TheCatt
TheCatt wrote: ↑Mon Jun 25, 2018 8:46 pm
thibodeaux wrote: I'll leave aside the obvious Top Gun references. This is worrisome, yet given that we know it's coming, how do we profit from it? Or at least, not lose our shirts? Short the S&P?
Catt, wat do?
I addressed this beforehand.
The signal is distorted, so I'd be hesitant to read too much in to it this time around, at least as in regards to as a historical indicator. The main issue this time would be fear from a massive trade war, but the trade war is the signal, the yield would just be reacting.
thibodeaux wrote: ↑Mon Jun 25, 2018 8:49 pm
"This time is different?" Hm. Ok.
I'm going to say I was right since that was June 2018. Mar 2020 recession was purely pandemic related.
Bad Economic Predictions
Posted: Thu Mar 04, 2021 4:10 pm
by thibodeaux
TheCatt wrote: ↑Thu Mar 04, 2021 4:01 pm
TheCatt wrote: ↑Mon Jun 25, 2018 8:46 pm
thibodeaux wrote: I'll leave aside the obvious Top Gun references. This is worrisome, yet given that we know it's coming, how do we profit from it? Or at least, not lose our shirts? Short the S&P?
Catt, wat do?
I addressed this beforehand.
The signal is distorted, so I'd be hesitant to read too much in to it this time around, at least as in regards to as a historical indicator. The main issue this time would be fear from a massive trade war, but the trade war is the signal, the yield would just be reacting.
thibodeaux wrote: ↑Mon Jun 25, 2018 8:49 pm
"This time is different?" Hm. Ok.
I'm going to say I was right since that was June 2018. Mar 2020 recession was purely pandemic related.
There are no coincidences!
Bad Economic Predictions
Posted: Wed Mar 24, 2021 10:46 am
by Leisher
Bad Economic Predictions
Posted: Wed Mar 24, 2021 11:05 am
by TheCatt
GOD DAMMIT, BIDEN.
/s
I know he basically has nothing to do with this.
Bad Economic Predictions
Posted: Thu Mar 25, 2021 3:10 pm
by Leisher
Dumbfuck parks in the wrong spot. 
Seriously though, this is going to have a small negative impact as businesses and countries are trying to reopen.
Bad Economic Predictions
Posted: Thu Mar 25, 2021 3:14 pm
by TheCatt
I heard Troy's heading there now to loot it.
Bad Economic Predictions
Posted: Tue Apr 27, 2021 4:32 pm
by TheCatt
That automatic reddit embed is pretty sweet.
Bad Economic Predictions
Posted: Tue Apr 27, 2021 4:45 pm
by Leisher
Truck driver shortage is going to cause gas shortages this summer.
The truck driver shortage is real. My company has felt negative effects from it.
"The world needs ditch diggers too." - Judge Smails
Turns out, not everyone can be a lawyer or doctor.
Bad Economic Predictions
Posted: Tue Apr 27, 2021 4:51 pm
by TheCatt
Leisher wrote: ↑Tue Apr 27, 2021 4:45 pm
Truck driver shortage is going to cause gas shortages this summer.
Time to hoard some gasoline
Bad Economic Predictions
Posted: Tue Apr 27, 2021 5:39 pm
by GORDON
Fuck them. Invest in robots.
Bad Economic Predictions
Posted: Tue Apr 27, 2021 5:45 pm
by thibodeaux
Bad Economic Predictions
Posted: Tue Apr 27, 2021 5:50 pm
by GORDON
Looks like we're prime for someone to invent a better method of shipping.
Or build another damned, port, geez. Can't be difficult.
Bad Economic Predictions
Posted: Tue Apr 27, 2021 6:19 pm
by TheCatt
GORDON wrote: ↑Tue Apr 27, 2021 5:50 pm
Or build another damned, port, geez. Can't be difficult.
Sounds like container ships are also a constraint, but yeah. Unfortunately, good luck building a port in CA, OR, or WA.
Bad Economic Predictions
Posted: Tue Apr 27, 2021 9:50 pm
by Leisher
They could try making stuff here...
Bad Economic Predictions
Posted: Tue Apr 27, 2021 9:52 pm
by GORDON
TheCatt wrote: ↑Tue Apr 27, 2021 6:19 pm
GORDON wrote: ↑Tue Apr 27, 2021 5:50 pm
Or build another damned, port, geez. Can't be difficult.
Sounds like container ships are also a constraint, but yeah. Unfortunately, good luck building a port in CA, OR, or WA.
I propose a floating port, with conveyors to bring the containers to land after they're offloaded at sea.
Bad Economic Predictions
Posted: Tue May 04, 2021 4:00 pm
by Leisher
Bad Economic Predictions
Posted: Tue May 04, 2021 4:03 pm
by GORDON
I think it's DeBeers pulling them all out of ground, and stockpiling them to keep prices artificially high.
IIRC, lab grown diamonds are currently more pure, and less expensive that dirt diamonds.
Bad Economic Predictions
Posted: Tue May 04, 2021 4:35 pm
by TheCatt
Diamonds are garbage anyway.
Bad Economic Predictions
Posted: Tue May 04, 2021 5:41 pm
by Leisher
Not my diamond hands!
GORDON wrote: ↑Tue May 04, 2021 4:03 pm
I think it's DeBeers pulling them all out of ground, and stockpiling them to keep prices artificially high.
IIRC, lab grown diamonds are currently more pure, and less expensive that dirt diamonds.
I just wonder if we can still call them "precious gems" if they're easily made in a lab.
Bad Economic Predictions
Posted: Sun May 09, 2021 8:56 pm
by thibodeaux
TheCatt wrote: ↑Tue Apr 27, 2021 4:51 pm
Leisher wrote: ↑Tue Apr 27, 2021 4:45 pm
Truck driver shortage is going to cause gas shortages this summer.
Time to hoard some gasoline
Too late
The US government declared a state of emergency on Sunday after the largest fuel pipeline in the US was hit by a ransomware cyber-attack.
The Colonial Pipeline carries 2.5 million barrels a day - 45% of the East Coast's supply of diesel, gasoline and jet fuel.
It was completely knocked offline by a cyber-criminal gang on Friday and is still working to restore service.
The emergency status enables fuel to be transported by road.
Experts say fuel prices are likely to rise 2-3% on Monday, but the impact will be far worse if it goes on for much longer.