Jump to content

Incredulity

Legacy Members
  • Posts

    16240
  • Joined

  • Last visited

Everything posted by Incredulity

  1. He's not pledging 100% of his stock to borrow 5% of it. Unless he is a complete fucking moron.
  2. correct, they're stickless. Kind of like boneless wings...
  3. Jeff Bezos borrows 25B in November of 2021. Amazon stock price $183. Whats the status of Jeff Bezos face in Dec of 2022. Amazon stock price $84.00? His 500B just took a topline haircut of 250B and his loan collateral is underwater 12B. I'm sure the lender is going to demand more collateral. Oh by the way rates are going to jump 5% in the next 12 months. So again what is easy about that?
  4. Its a market distortion brought on by ZIRP. All debt has risk, leveraging your individual stock holdings isn't some new phenomenon. Quite easy to get your face ripped off with a stock move in the wrong direction.
  5. Taxes on wealth and taxes on income are pretty distinct topics. As I stated I think there should be higher rates on higher income levels. My preference would be the brackets are shifted up, provide relief to middle, and marginally increase top rates at very top with additional brackets as well. Social Security payroll taxes are regressive, although that is increased every year. Medicare payroll is a progressive tax with additional above 200K.
  6. Median sales price of a home nearly TRIPLED in the 70's. Never would have guessed that. roughly 24K to 64K. Although those numbers seem laughably small now. I assume that is the inflation of that decade effects.
  7. The 2016 -2020 window in that chart is extremely interesting.
  8. The federal income tax is currently extremely progressive. Are you referring to other taxes?
  9. This is only correct through the lens of the last 25 years. Housing as an investment has had periods of significant losses. The same issue exists in all asset classes really. Which is #1 on my list, ZIRP. Which is the government backstop to economic realities that has been implemented over and over since Dotcom bust.
  10. disregarding whatever it may say about my mental state. He is saying, "I have back pussy" in this gif. I can't unsee it.
  11. Yes I agree. My list was not intended to be a comprehensive scheme, but more of an outline of key things I think would make a significant difference. Unfortunately none of the items I listed are -push button, receive bacon- in regards to immediate gratification. So they won't happen for that and many, many other reasons. Housing is a huge issue and become completely absurd from a cost standpoint. Besides #2, #1 and #4 would have impacts on housing.
  12. I’ll answer my own question (keeping apolitical) 1.) keep interest rates in a normal band commiserate with a nonzero return on cash and to price risk capital appropriately. ZIRP facilitated the above Buy, Borrow, Die along with numerous other market distortions. 2.) Rationalize/cut regulations. 3.) raise top tax rates. Move rate progressive levels upward. $175k isn’t wiping your ass with $100’s and shouldn’t suffer greater rates. 4.) Federal infrastructure investment in roads, bridges, ports, energy specifically synced with #2 above. Preempt legal challenges and get shit done.
  13. So give me your recipe to solve K shaped economy?
  14. Well that putt by DC kind of sums it all up.
  15. Odd stalk by someone who allegedly has me on ignore. also Facebook? Really?
  16. Jennifer Gardner must have taken ALL the Tylenol 19 years ago
  17. I get the sausage mcmuffin with egg breakfast about once a month. Got it Tuesday for $5 down from like 7.50 or so. Thats great and all but it was like $3.75 prior to Covid, what a fuckjob
  18. We need the catering company to give the Euros food poisoning and for Rory to forget to set his alarm again. Maybe Rahm catches a debilitating case of jock itch?
  19. If McDonalds coffee is “burnt” then Starbucks is like licking the ashtray at a heavily trafficked cigar lounge. Not, “serious gourmet shit” but is very solid roadtrip coffee at an extremely affordable price.
  20. Talking head on CNBC was saying this AM that the US has been in a "rolling recession" for the last few years and that we are headed out of the rolling recessions into another bull market. Who knows. A lot of the bullets you have listed sync with my personal experience. Pretty much been total chaos this year...will the tariffs really start to bite? who knows.
  21. What does that mean in lay terms? I get the gist of the post, but am unfamiliar with "puking cuts". That mean they are producing a lot of them..streaming from the slaughterhouse like puke?
×
×
  • Create New...