economy

  1. BaileyPark31

    Do We Have To Struggle ?

    The lack of compassion that Americans have for one another seems to be at an all time high. I feel like it's a mix of generational and political. I think this girl has valid complaints. is there anything we can do to fix this? What policies can we put in place to change our culture.
  2. B

    Donald Trump Has the Worst Economic Record in Modern U.S. History

    https://democrats.org/news/donald-trump-has-the-worst-economic-record-in-modern-u-s-history/ Donald Trump Has the Worst Economic Record in Modern U.S. History AUGUST 9, 2023 Donald Trump is once again trying to distract from his horrible economic record, but he can’t run away from the truth...
  3. NoirDynosaur

    Why Americans' 'YOLO' spending spree baffles economists

    Despite past trends, US consumers are spending at record levels. Economists are mystified – and struggling to forecast an end point. Throughout a period of sky-high interest rates, depleted savings and grinding inflation, Americans have spent with abandon. On Black Friday, sales at...
  4. MushroomX

    President Xi and the CCP really have serious issues going on Internally

    So I mentioned in the Pelosi thread how Xi is using this for the Mortgage Crisis he has going on. Well now I guess people are also protesting because they are unable to access their funds, because someone(s) stole around $6 Billion Dollars. Here is the TL:DR: Basically in the Henan Province...
  5. JadeB

    Gen Z is the most entrepreneurial generation in history

    54% had started or will soon start their own business EDIT: this other article said 62% had started or will start their own businesses for you doubting Thomases What I’ve Learned From Working With Gen Z Entrepreneurs - Worth Why Gen Z is so keen on entrepreneurship, and what that means for...
  6. Rell Lauren

    Inflation highest in 30 years. Prices up 6.2% year over year.

    We're quickly approaching late 70s territory.
  7. JadeB

    Walmart México bushed its entire Larry Holmes and Larry Holmes-adjacent workforce

    Bagging groceries for extra cash, Mexican elderly told to pack up Walmart de Mexico, the country’s biggest retailer, told baggers over 60 that they need not come back to work following a ban on plastic bags and a post-pandemic shift in consumer habits. The coronavirus pandemic and changing...
  8. DrBanneker

    I'm in supply chain dealing with the fukkery AMA; Update: Chip shortage until at least 2022

    So I work in supply chain in industrial manufacturing. In my position though I buy everything from fabricated metal parts, to machines, to plastics, to wood products, to raw materials. In short, this shyt is getting out of control. The store prices and news stories kind of give you a picture...
  9. Steel

    The end of real estate agents

    Zillow to buy ShowingTime for $500M - HousingWire Zillow to buy ShowingTime for $500M Agents use software company to schedule home showings February 10, 2021, 5:38 pm By Matthew Blake Share On Zillow entered a new corner of real estate Wednesday, announcing a definitive agreement to buy...
  10. mykey

    China to overtake US economy by 2028

    Chinese economy to overtake US 'by 2028' due to Covid 26 December 2020 China is the only major global economy that will have expanded in 2020 China will overtake the US to become the world's largest economy by 2028, five years earlier than previously forecast, a report says. The UK-based...
  11. DrBanneker

    You all know a lot of people aren't going back to their jobs right?

    Maybe me too if I get furloughed:yeshrug: I dodged two bullets so far I was talking to two different people this week with the same story. My friend that works for a large non-bank service company and a big manufacturing supplier I work with at my job. Both just had brutal layoffs and furloughs...
  12. phcitywarrior

    The Economic Machine by Ray Dalio

    Simplified though slanted. I don't agree with Dalio's take on some underlying assumptions about human nature but that's a different conversation. The more "technical" aspects of the economic machine are spot on though e.g. credit and cash, the fed, fiscal policy, fractional banking etc. Really...
  13. JadeB

    It's a wrap for Don

    First of all, I'm not trying to politicize this situation but the piss poor management of the pandemic by Trump and the number of people losing jobs and schooling because of this is making me think that his days in office are numbered. Everyone seems be getting the work by the virus, including...
  14. S

    Why companies do stock buybacks?

    For those who were wondering, Breaking Down Stock Buybacks
  15. S

    Fed vs Treasury (or how the US handles the money supply)

    For anyone wondering, Does the Federal Reserve or U.S. Treasury Print Money?
  16. KENNY DA COOKER

    I just gave my HBCU RECYCABLE GOODS thot her RELEASE PAPERS...she is NOT taking it well

    :francis: I might have to park my car in the garage for a lil while For fear of her vandalizing it She is from NAWLINS...you know how they act :snoop: She seemed a lil vex in her text this morning when I explained that I'm not interested any longer in continuing our "arrangement" I can't...
  17. S

    Is Canada next for anti-immigrant wave?

    Bloomberg - Are you a robot? If Canada is bringing in foreign immigrants to create the jobs the locals aren't creating, then it seems especially in this environment that Canada will be next for a major immigration-classism backlash. Especially if the majority of business owners aren't in fact...
  18. S

    So Trump gotta a new NAFTA but Canada might kill it though

    :lolbron: The Truth About Trump’s ‘Tremendous’ New Trade Deal with Mexico Though an agreement has been made with Mexico it has not been ratified with Mexico nor the US and Canada has not been a part of any of the negotiations. Steel and aluminum tariffs are still an issue. Though this sounds...
  19. S

    US, Mexico, and Canada agree to new NAFTA Deal; Ratification by Each Legislature Still Required

    The Truth About Trump’s ‘Tremendous’ New Trade Deal with Mexico Though an agreement has been made with Mexico it has not been ratified with Mexico nor the US and Canada has not been a part of any of the negotiations. Steel and aluminum tariffs are still an issue. Though this sounds like a...
  20. S

    Chinese read about the French Revolution

    Tocqueville's advice on French revolution captures Chinese leaders' attention So a guy named Wang Qishan suggested to the Chinese gov't to read The Old Regime and the Revolution. This book provides analysis how France's revolution was starting not because of poverty, corruption, and gov't...
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