The Great 2022 and Beyond Recession Thread

#328
#328
Rasputin_Vol said:
The West has done a pizz poor job of representing capitalism. The West now practices fascism/corporatism blended with a green agenda.
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What freakin moron believes that we can change the climate is dumber than a box of rocks. The climate has been changing for millions of years before humans came about.
 
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#330
#330
VolStrom said:
What freakin moron believes that we can change the climate is dumber than a box of rocks. The climate has been changing for millions of years before humans came about.
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I love the term “climate change denier”. As if there’s a segment of the population who believes climates do not change.

“We believe in a static climate!”
 
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#334
#334
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#335
#335
VolStrom said:
Whatever happens, we need to save the planet. If people need to starve so be it.
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It's not a production problem. It's a government problem. Give Venezuela all the food or whatever they need, and the people still won't see any of it. Hell, look no further than hurricane relief in Puerto Rico
 
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#337
#337
SpaceCoastVol said:
It's not a production problem. It's a government problem. Give Venezuela all the food or whatever they need, and the people still won't see any of it. Hell, look no further than hurricane relief in Puerto Rico
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That was all Trump's fault. Don't you remember AOC showing her grandmothers house with the roof leaking and blaming Trump? I, along with several thousand other people, contributed to a Go Fund Me page for her to get a new roof. It raised over $200k, but AOC in her stupid ways had the money refunded instead of donating it to local charities in Puerto Rico.
 
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#338
#338
Velo Vol said:
Retail sales increasing during the recession.

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Now wait... what is this graph really showing? Is it increased volume out the door or is it reduced volume but since inflation is galloping out of control, you are able to see a nominal increase in revenue?

A gas station selling 1000 gallons of gas when Trump left would have had $2500 in sales. That same gas station today could sell 500 gallons and make that same $2500.
 
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#339
#339
Rasputin_Vol said:
Now wait... what is this graph really showing? Is it increased volume out the door or is it reduced volume but since inflation is galloping out of control, you are able to see a nominal increase in revenue?

A gas station selling 1000 gallons of gas when Trump left would have had $2500 in sales. That same gas station today could sell 500 gallons and make that same $2500.
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Don't let facts get in the way of a good narrative Ras. They should have made the graph inflation adjusted if they want to be honest. There is nothing inflation adjusted about this graph.
 
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#341
#341
Massive Wall Street Layoffs feared as banking profits tank

Wall Street spent the past year binging on bankers. Get ready for the Big Puke.

Whispers of hiring freezes and even layoffs have begun to circulate at financial firms as soaring interest rates and recession fears have tanked appetites for mergers, IPOs and other big corporate deals, sources told The Post.

At an industry luncheon last week with executives from top banks including JPMorgan and Morgan Stanley, chatter was dominated by speculation that layoffs will ravage the industry’s workforce by at least 10% — and that the bloodbath could be in full swing by year’s end, sources told The Post.

Massive Wall Street layoffs feared as banking profits tank
 
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#344
#344
Franklin Pierce said:
Massive Wall Street Layoffs feared as banking profits tank

Wall Street spent the past year binging on bankers. Get ready for the Big Puke.

Whispers of hiring freezes and even layoffs have begun to circulate at financial firms as soaring interest rates and recession fears have tanked appetites for mergers, IPOs and other big corporate deals, sources told The Post.

At an industry luncheon last week with executives from top banks including JPMorgan and Morgan Stanley, chatter was dominated by speculation that layoffs will ravage the industry’s workforce by at least 10% — and that the bloodbath could be in full swing by year’s end, sources told The Post.

Massive Wall Street layoffs feared as banking profits tank
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It isn’t just Wall Street. The same whispers are happening in the halls of tech companies too
 
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#349
#349
VolStrom said:
I'm joking dude. I got schooled on a word problem by a 6th grade math teacher and I'll never do basic math on this website ever again.
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BTW friendly hints and stink baited hooks are starting to show up in the periphery now from my old group. Telling them what I told them a month ago. Let’s talk in Nov but not before then.
 
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