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    Halifax2TheMaxHalifax2TheMax Posts: 36,611

    Working on putting the article here. It's huge. 

    The points are to do the pound the pavement work, coordinate the pertinent agencies, and flat out first and foremost going forward with housing first. Not wait till they test negative on a drug test, provide employment resources, etc. Just flat out get homeless people into dignified living conditions, and offer mental & physical health resources.

    Who used the words "warehousing", outside of yourself? Housing is not impisonment. Like Russell said, people need somewhere to live. That's step 1.

    I use the term "warehousing" as it relates to certain things like public housing, schools, Home Depot, etc. There was and maybe there is still a time where people without means were given public housing in concentrations, i.e. high rise towers (Crabrini Green), low rise spreads, typically off the beaten path or in run down areas lacking any basic services like public transportation, super markets, etc. Out of sight, out of mind.

    Same thing happened with schools. Communities used to have multiple neighborhood schools but demographics lead to consolidation. Rather than close and take one off line or build another school of smaller size, they abandoned it and built one large school and consolidated, sometimes with neighboring school districts. High schools in some areas went from 400-600 in 4 grades to 1,200-1,600.

    Home Depot is another example. Instead of small independent mom and pop specialty stores for home improvement, you get one big warehouse, usually out somewhere where you have to drive, the traffic sucks, the shit is cheap as opposed to the stores on Main Street where locals ran into one another, chatted, caught up, received good customer service and products and the owner might be your neighbor. Your kids played with the kids of the guy or gal who assisted and worked there. Sure you had to go to three or four different stores to get everything you needed and you paid more for it but that social interaction and connectivity made where you lived a good place to live. Unless you were isolated on the other side of the tracks.

    Sure, good for the consumer and taxpayer but at a cost. To society. Concentrating too much of anything can create problems and NIMBY is definitely part of the problem. Did Houston buy/rent/build houses for the homeless all in one plat, neighborhood or section of Houston or did they spread it out all through the county? I don't mean to use the term "warehousing" in a derogatory way toward the homeless, poor, etc. but with housing, schools, Big Box Stores, that's what it feels like, like lets just warehouse all the poor people over there in that public housing complex that's on the other side of town where no one with means goes. Or lets warehouse all the school kids in one school. Bigger is not always better and everything comes with a cost. I'd rather see the homeless or people without means in one or two houses on the street I grew up on with 21 houses and repeated throughout town rather than the huge public housing complex that was built in the middle of nowhere where you had to walk a few miles for shitty public transportation and there is literally nothing else there. Nothing.

    Some programs have so many strings attached that its almost impossible for someone to maintain their housing. Thats why I'm interested in what worked for Houston, realizing what worked for them may not be replicated in other areas but if they've managed to do what they did and its working, that's a great thing.
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    Jearlpam0925Jearlpam0925 Deep South Philly Posts: 16,787
    mrussel1 said:
    Crude is down 7%, so that's a good start.  
    Haha, back to the task at hand. I just don't get how people here can think what's happening in other countries as well is the fault of the president here. Major, historical, global-wide pandemic event. And a significantly large country has started war and single handedly had it's economy crippled overnight. Did they think these things wouldn't have an effect basically everywhere?
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    Halifax2TheMaxHalifax2TheMax Posts: 36,611

    Working on putting the article here. It's huge. 

    The points are to do the pound the pavement work, coordinate the pertinent agencies, and flat out first and foremost going forward with housing first. Not wait till they test negative on a drug test, provide employment resources, etc. Just flat out get homeless people into dignified living conditions, and offer mental & physical health resources.

    Who used the words "warehousing", outside of yourself? Housing is not impisonment. Like Russell said, people need somewhere to live. That's step 1.

    Thanks for posting. I'll read later.
    09/15/1998 & 09/16/1998, Mansfield, MA; 08/29/00 08/30/00, Mansfield, MA; 07/02/03, 07/03/03, Mansfield, MA; 09/28/04, 09/29/04, Boston, MA; 09/22/05, Halifax, NS; 05/24/06, 05/25/06, Boston, MA; 07/22/06, 07/23/06, Gorge, WA; 06/27/2008, Hartford; 06/28/08, 06/30/08, Mansfield; 08/18/2009, O2, London, UK; 10/30/09, 10/31/09, Philadelphia, PA; 05/15/10, Hartford, CT; 05/17/10, Boston, MA; 05/20/10, 05/21/10, NY, NY; 06/22/10, Dublin, IRE; 06/23/10, Northern Ireland; 09/03/11, 09/04/11, Alpine Valley, WI; 09/11/11, 09/12/11, Toronto, Ont; 09/14/11, Ottawa, Ont; 09/15/11, Hamilton, Ont; 07/02/2012, Prague, Czech Republic; 07/04/2012 & 07/05/2012, Berlin, Germany; 07/07/2012, Stockholm, Sweden; 09/30/2012, Missoula, MT; 07/16/2013, London, Ont; 07/19/2013, Chicago, IL; 10/15/2013 & 10/16/2013, Worcester, MA; 10/21/2013 & 10/22/2013, Philadelphia, PA; 10/25/2013, Hartford, CT; 11/29/2013, Portland, OR; 11/30/2013, Spokane, WA; 12/04/2013, Vancouver, BC; 12/06/2013, Seattle, WA; 10/03/2014, St. Louis. MO; 10/22/2014, Denver, CO; 10/26/2015, New York, NY; 04/23/2016, New Orleans, LA; 04/28/2016 & 04/29/2016, Philadelphia, PA; 05/01/2016 & 05/02/2016, New York, NY; 05/08/2016, Ottawa, Ont.; 05/10/2016 & 05/12/2016, Toronto, Ont.; 08/05/2016 & 08/07/2016, Boston, MA; 08/20/2016 & 08/22/2016, Chicago, IL; 07/01/2018, Prague, Czech Republic; 07/03/2018, Krakow, Poland; 07/05/2018, Berlin, Germany; 09/02/2018 & 09/04/2018, Boston, MA; 09/08/2022, Toronto, Ont; 09/11/2022, New York, NY; 09/14/2022, Camden, NJ; 09/02/2023, St. Paul, MN;

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    mrussel1mrussel1 Posts: 28,632
    mrussel1 said:
    Crude is down 7%, so that's a good start.  
    Haha, back to the task at hand. I just don't get how people here can think what's happening in other countries as well is the fault of the president here. Major, historical, global-wide pandemic event. And a significantly large country has started war and single handedly had it's economy crippled overnight. Did they think these things wouldn't have an effect basically everywhere?
    That's just partisanship.  

    As far as your other point, I agree with your principles, but in practice it's difficult to execute without the law of unintended consequences biting you in the in ass.  That was my point about the Freddie/Fannie mortgages.  It was a wonderful ideal, but it was part of the factors that led to 2008.  I could give you other examples where the gov't put its thumb on teh scales on behalf of the disadvantaged, and it backfired and ends up hurting them instead.  So I'm not 100% sure where you want the gov't to get more involved.  The subsidized loans and that blew up.  Are you suggesting they subsidize manufacturing and then maybe sell at cost rather than at a profit?  Sort of like a new New Deal program?
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    Jearlpam0925Jearlpam0925 Deep South Philly Posts: 16,787
    mrussel1 said:
    mrussel1 said:
    Crude is down 7%, so that's a good start.  
    Haha, back to the task at hand. I just don't get how people here can think what's happening in other countries as well is the fault of the president here. Major, historical, global-wide pandemic event. And a significantly large country has started war and single handedly had it's economy crippled overnight. Did they think these things wouldn't have an effect basically everywhere?
    That's just partisanship.  

    As far as your other point, I agree with your principles, but in practice it's difficult to execute without the law of unintended consequences biting you in the in ass.  That was my point about the Freddie/Fannie mortgages.  It was a wonderful ideal, but it was part of the factors that led to 2008.  I could give you other examples where the gov't put its thumb on teh scales on behalf of the disadvantaged, and it backfired and ends up hurting them instead.  So I'm not 100% sure where you want the gov't to get more involved.  The subsidized loans and that blew up.  Are you suggesting they subsidize manufacturing and then maybe sell at cost rather than at a profit?  Sort of like a new New Deal program?
    That's absolutely what I'm saying. Just to backpedal to the beginning of what you're saying - just because something didn't work doesn't mean to stop trying other approaches imo. There's ways of incentivizing and bringing access & opportunity without just handing over subsidies/cash. The government plays two parts in my eyes - referee and equalizer. That's the limit of the government in my eyes.

    Yes, I'm saying New Deal-like projects of increasing the literal construction of housing. 

    And it's not just the New Deal. To go out on a limb - especially within the demographic of a board of Pearl Jam fans - there's a good chance your (collective 'your' here) parents bought a house with the GI Bill or some type of government-subsidized construction due to the development of suburbs and highways in the 50s and 60s.
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    Halifax2TheMaxHalifax2TheMax Posts: 36,611
    Those folks who serve the homeless in those different agencies should be collectively nominated for a Nobel Peace Prize. Outstanding vision and effort.
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    Jearlpam0925Jearlpam0925 Deep South Philly Posts: 16,787
    Really great, interesting convo:

    https://youtu.be/LcOd5r1day0
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    Lerxst1992Lerxst1992 Posts: 6,116
    Wah wah wah. :cry:

    now we need binkies for billionaires. 


    Musk tells Twitter he wants out of deal to buy it. Twitter says it will force him to close the sale

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    Cropduster-80Cropduster-80 Posts: 2,034
    edited July 2022
    Wah wah wah. :cry:

    now we need binkies for billionaires. 


    Musk tells Twitter he wants out of deal to buy it. Twitter says it will force him to close the sale

    Did anyone think he really wanted to buy the company? I didn’t 

    im not even sure his financing was real. He isn’t exactly cash rich. He is asset rich

    he doesn’t like how twitter operates, so destroying it and not having to buy it accomplishes the same goal.  Twitter as a company looks way worse today than it did a few months ago because of him 
    Post edited by Cropduster-80 on
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    mrussel1mrussel1 Posts: 28,632
    Wah wah wah. :cry:

    now we need binkies for billionaires. 


    Musk tells Twitter he wants out of deal to buy it. Twitter says it will force him to close the sale

    Did anyone think he really wanted to buy the company? I didn’t 

    im not even sure his financing was real. He isn’t exactly cash rich. He is asset rich

    he doesn’t like how twitter operates, so destroying it and not having to buy it accomplishes the same goal.  Twitter as a company looks way worse today than it did a few months ago because of him 
    I do believe he wanted it to start.  But after bitcoin tanked, it hurt him.  And now Twitter is trading like 15 bucks below his agreement price.  
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    Cropduster-80Cropduster-80 Posts: 2,034
    edited July 2022
    mrussel1 said:
    Wah wah wah. :cry:

    now we need binkies for billionaires. 


    Musk tells Twitter he wants out of deal to buy it. Twitter says it will force him to close the sale

    Did anyone think he really wanted to buy the company? I didn’t 

    im not even sure his financing was real. He isn’t exactly cash rich. He is asset rich

    he doesn’t like how twitter operates, so destroying it and not having to buy it accomplishes the same goal.  Twitter as a company looks way worse today than it did a few months ago because of him 
    I do believe he wanted it to start.  But after bitcoin tanked, it hurt him.  And now Twitter is trading like 15 bucks below his agreement price.  
    I would use wanted loosely. I get what you are saying, that’s probably right.

    it seemed like a negative acquisition from the start. I don’t like it, that’s why I’m buying it.  Not a this is a good business opportunity for me to make money.  When you approach a deal that way, I’m not convinced you are even doing it for a business reason, but for a grievance 
    Post edited by Cropduster-80 on
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    Halifax2TheMaxHalifax2TheMax Posts: 36,611
    Oh and hey, Elon had kids with one of his employees. I’m sure he’s a great dad to all of those kids he’s had with different women. Not absentee at all. Strikes me as kids for him are for his ego and not because he wants to be a parent. 
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    benjsbenjs Toronto, ON Posts: 8,938
    Oh and hey, Elon had kids with one of his employees. I’m sure he’s a great dad to all of those kids he’s had with different women. Not absentee at all. Strikes me as kids for him are for his ego and not because he wants to be a parent. 
    He’s on the record stating that a diminishing population is one of, if not the greatest threat to our existence - my guess is this has something to do with that.
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    Cropduster-80Cropduster-80 Posts: 2,034
    benjs said:
    Oh and hey, Elon had kids with one of his employees. I’m sure he’s a great dad to all of those kids he’s had with different women. Not absentee at all. Strikes me as kids for him are for his ego and not because he wants to be a parent. 
    He’s on the record stating that a diminishing population is one of, if not the greatest threat to our existence - my guess is this has something to do with that.
    I think he was referring specifically to the US population and declining birth rates 

    that from a white South African who is from a race that makes up 8% of the population there.  It’s kind of white replacement sounding to me.  The population overall isn’t declining. The white population is 

    considering the source and context 
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    Lerxst1992Lerxst1992 Posts: 6,116
    Perhaps a world flooded in toxic and burnt lithium is second on that list?



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    Halifax2TheMaxHalifax2TheMax Posts: 36,611
    benjs said:
    Oh and hey, Elon had kids with one of his employees. I’m sure he’s a great dad to all of those kids he’s had with different women. Not absentee at all. Strikes me as kids for him are for his ego and not because he wants to be a parent. 
    He’s on the record stating that a diminishing population is one of, if not the greatest threat to our existence - my guess is this has something to do with that.
    I think he was referring specifically to the US population and declining birth rates 

    that from a white South African who is from a race that makes up 8% of the population there.  It’s kind of white replacement sounding to me.  The population overall isn’t declining. The white population is 

    considering the source and context 
    Bingo.
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    Jearlpam0925Jearlpam0925 Deep South Philly Posts: 16,787


    I think the weird part about all this is it seems sometimes like people are convinced that were already in a recession. And even though we're not it's like they want to will it to happen.
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    tempo_n_groovetempo_n_groove Posts: 39,029


    I think the weird part about all this is it seems sometimes like people are convinced that were already in a recession. And even though we're not it's like they want to will it to happen.
    Isn't 2 consecutive quarters of down GDP a recession by definition?
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    Jearlpam0925Jearlpam0925 Deep South Philly Posts: 16,787


    I think the weird part about all this is it seems sometimes like people are convinced that were already in a recession. And even though we're not it's like they want to will it to happen.
    Isn't 2 consecutive quarters of down GDP a recession by definition?
    Yes, by the general definition. But that's like looking at the stock market as the economy, or anything else that values context. It also includes high levels of unemployment, sales dropping, income falling, manufacturing contracting. None of these things have happened. NBER considers all of these things when evaluating what is and isn't a recession, too.
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    tempo_n_groovetempo_n_groove Posts: 39,029


    I think the weird part about all this is it seems sometimes like people are convinced that were already in a recession. And even though we're not it's like they want to will it to happen.
    Isn't 2 consecutive quarters of down GDP a recession by definition?
    Yes, by the general definition. But that's like looking at the stock market as the economy, or anything else that values context. It also includes high levels of unemployment, sales dropping, income falling, manufacturing contracting. None of these things have happened. NBER considers all of these things when evaluating what is and isn't a recession, too.
    Gotcha.

    I did just read that our exports are really high the last 2 quarters.  Because of Russia Ukraine squabble, Europe is looking of our LP G and grains.
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    Jearlpam0925Jearlpam0925 Deep South Philly Posts: 16,787


    I think the weird part about all this is it seems sometimes like people are convinced that were already in a recession. And even though we're not it's like they want to will it to happen.
    Isn't 2 consecutive quarters of down GDP a recession by definition?
    Yes, by the general definition. But that's like looking at the stock market as the economy, or anything else that values context. It also includes high levels of unemployment, sales dropping, income falling, manufacturing contracting. None of these things have happened. NBER considers all of these things when evaluating what is and isn't a recession, too.
    Gotcha.

    I did just read that our exports are really high the last 2 quarters.  Because of Russia Ukraine squabble, Europe is looking of our LP G and grains.
    Yeah, that can be weird though. High exports means a strong US dollar, and that is and isn't a good thing. Because another anomaly is a strong dollar usually means low inflation, but we all know that's not the case (globally).
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    tempo_n_groovetempo_n_groove Posts: 39,029


    I think the weird part about all this is it seems sometimes like people are convinced that were already in a recession. And even though we're not it's like they want to will it to happen.
    Isn't 2 consecutive quarters of down GDP a recession by definition?
    Yes, by the general definition. But that's like looking at the stock market as the economy, or anything else that values context. It also includes high levels of unemployment, sales dropping, income falling, manufacturing contracting. None of these things have happened. NBER considers all of these things when evaluating what is and isn't a recession, too.
    Gotcha.

    I did just read that our exports are really high the last 2 quarters.  Because of Russia Ukraine squabble, Europe is looking of our LP G and grains.
    Yeah, that can be weird though. High exports means a strong US dollar, and that is and isn't a good thing. Because another anomaly is a strong dollar usually means low inflation, but we all know that's not the case (globally).
    I believe that it's not inflation but greed.  The signs point to it.  Oil having record profits because prices are so damn high?  C'mon man...
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    Jearlpam0925Jearlpam0925 Deep South Philly Posts: 16,787


    I think the weird part about all this is it seems sometimes like people are convinced that were already in a recession. And even though we're not it's like they want to will it to happen.
    Isn't 2 consecutive quarters of down GDP a recession by definition?
    Yes, by the general definition. But that's like looking at the stock market as the economy, or anything else that values context. It also includes high levels of unemployment, sales dropping, income falling, manufacturing contracting. None of these things have happened. NBER considers all of these things when evaluating what is and isn't a recession, too.
    Gotcha.

    I did just read that our exports are really high the last 2 quarters.  Because of Russia Ukraine squabble, Europe is looking of our LP G and grains.
    Yeah, that can be weird though. High exports means a strong US dollar, and that is and isn't a good thing. Because another anomaly is a strong dollar usually means low inflation, but we all know that's not the case (globally).
    I believe that it's not inflation but greed.  The signs point to it.  Oil having record profits because prices are so damn high?  C'mon man...
    I mean call it what you will, but, yes, oil and the war in Ukraine are a large reason for it, as I've posted in here numerous times (and Covid). Also sounds like a great reason to keep pivoting away from a dependency on fossil fuels.
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    tempo_n_groovetempo_n_groove Posts: 39,029


    I think the weird part about all this is it seems sometimes like people are convinced that were already in a recession. And even though we're not it's like they want to will it to happen.
    Isn't 2 consecutive quarters of down GDP a recession by definition?
    Yes, by the general definition. But that's like looking at the stock market as the economy, or anything else that values context. It also includes high levels of unemployment, sales dropping, income falling, manufacturing contracting. None of these things have happened. NBER considers all of these things when evaluating what is and isn't a recession, too.
    Gotcha.

    I did just read that our exports are really high the last 2 quarters.  Because of Russia Ukraine squabble, Europe is looking of our LP G and grains.
    Yeah, that can be weird though. High exports means a strong US dollar, and that is and isn't a good thing. Because another anomaly is a strong dollar usually means low inflation, but we all know that's not the case (globally).
    I believe that it's not inflation but greed.  The signs point to it.  Oil having record profits because prices are so damn high?  C'mon man...
    I mean call it what you will, but, yes, oil and the war in Ukraine are a large reason for it, as I've posted in here numerous times (and Covid). Also sounds like a great reason to keep pivoting away from a dependency on fossil fuels.
    Also a good reason to jack up prices for loss of revenue during lockdown...
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    Jearlpam0925Jearlpam0925 Deep South Philly Posts: 16,787


    I think the weird part about all this is it seems sometimes like people are convinced that were already in a recession. And even though we're not it's like they want to will it to happen.
    Isn't 2 consecutive quarters of down GDP a recession by definition?
    Yes, by the general definition. But that's like looking at the stock market as the economy, or anything else that values context. It also includes high levels of unemployment, sales dropping, income falling, manufacturing contracting. None of these things have happened. NBER considers all of these things when evaluating what is and isn't a recession, too.
    Gotcha.

    I did just read that our exports are really high the last 2 quarters.  Because of Russia Ukraine squabble, Europe is looking of our LP G and grains.
    Yeah, that can be weird though. High exports means a strong US dollar, and that is and isn't a good thing. Because another anomaly is a strong dollar usually means low inflation, but we all know that's not the case (globally).
    I believe that it's not inflation but greed.  The signs point to it.  Oil having record profits because prices are so damn high?  C'mon man...
    I mean call it what you will, but, yes, oil and the war in Ukraine are a large reason for it, as I've posted in here numerous times (and Covid). Also sounds like a great reason to keep pivoting away from a dependency on fossil fuels.
    Also a good reason to jack up prices for loss of revenue during lockdown...
    I mean yeah I guess. Again, sounds like a great reason to not send money to oil companies, and instead become self-reliant with technology that can get us on our way there.

    IMO two things the Fed gov't should have started yesterday (well, really just one - Green New Deal): 1) invest & churn out housing construction/production 2) invest in every damn piece of alternative energy, infrastructure, and transportation. They're the greatest long-term fixes/investment for a slew of reasons. These two things, to me, would be the New New Deal, and it would be worth every penny.
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    Cropduster-80Cropduster-80 Posts: 2,034
    edited August 2022


    I think the weird part about all this is it seems sometimes like people are convinced that were already in a recession. And even though we're not it's like they want to will it to happen.
    Isn't 2 consecutive quarters of down GDP a recession by definition?
    Yes, by the general definition. But that's like looking at the stock market as the economy, or anything else that values context. It also includes high levels of unemployment, sales dropping, income falling, manufacturing contracting. None of these things have happened. NBER considers all of these things when evaluating what is and isn't a recession, too.
    Gotcha.

    I did just read that our exports are really high the last 2 quarters.  Because of Russia Ukraine squabble, Europe is looking of our LP G and grains.
    Yeah, that can be weird though. High exports means a strong US dollar, and that is and isn't a good thing. Because another anomaly is a strong dollar usually means low inflation, but we all know that's not the case (globally).
    I believe that it's not inflation but greed.  The signs point to it.  Oil having record profits because prices are so damn high?  C'mon man...
    Starbucks is selling coffee at what has to be at least $30 a gallon.

    that’s mostly water.  Just saying 

    they have been doing it for decades 
    Post edited by Cropduster-80 on
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    tempo_n_groovetempo_n_groove Posts: 39,029


    I think the weird part about all this is it seems sometimes like people are convinced that were already in a recession. And even though we're not it's like they want to will it to happen.
    Isn't 2 consecutive quarters of down GDP a recession by definition?
    Yes, by the general definition. But that's like looking at the stock market as the economy, or anything else that values context. It also includes high levels of unemployment, sales dropping, income falling, manufacturing contracting. None of these things have happened. NBER considers all of these things when evaluating what is and isn't a recession, too.
    Gotcha.

    I did just read that our exports are really high the last 2 quarters.  Because of Russia Ukraine squabble, Europe is looking of our LP G and grains.
    Yeah, that can be weird though. High exports means a strong US dollar, and that is and isn't a good thing. Because another anomaly is a strong dollar usually means low inflation, but we all know that's not the case (globally).
    I believe that it's not inflation but greed.  The signs point to it.  Oil having record profits because prices are so damn high?  C'mon man...
    Starbucks is selling coffee at what has to be at least $30 a gallon.

    that’s mostly water.  Just saying 

    they have been doing it for decades 
    They were doing Fair Trade coffee so I gave them the benefit of the doubt for that and people love spending money on that coffee thinking they're bougie, lol!
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    Cropduster-80Cropduster-80 Posts: 2,034
    edited August 2022


    I think the weird part about all this is it seems sometimes like people are convinced that were already in a recession. And even though we're not it's like they want to will it to happen.
    Isn't 2 consecutive quarters of down GDP a recession by definition?
    Yes, by the general definition. But that's like looking at the stock market as the economy, or anything else that values context. It also includes high levels of unemployment, sales dropping, income falling, manufacturing contracting. None of these things have happened. NBER considers all of these things when evaluating what is and isn't a recession, too.
    Gotcha.

    I did just read that our exports are really high the last 2 quarters.  Because of Russia Ukraine squabble, Europe is looking of our LP G and grains.
    Yeah, that can be weird though. High exports means a strong US dollar, and that is and isn't a good thing. Because another anomaly is a strong dollar usually means low inflation, but we all know that's not the case (globally).
    I believe that it's not inflation but greed.  The signs point to it.  Oil having record profits because prices are so damn high?  C'mon man...
    I mean call it what you will, but, yes, oil and the war in Ukraine are a large reason for it, as I've posted in here numerous times (and Covid). Also sounds like a great reason to keep pivoting away from a dependency on fossil fuels.
    Also a good reason to jack up prices for loss of revenue during lockdown...
    I mean yeah I guess. Again, sounds like a great reason to not send money to oil companies, and instead become self-reliant with technology that can get us on our way there.

    IMO two things the Fed gov't should have started yesterday (well, really just one - Green New Deal): 1) invest & churn out housing construction/production 2) invest in every damn piece of alternative energy, infrastructure, and transportation. They're the greatest long-term fixes/investment for a slew of reasons. These two things, to me, would be the New New Deal, and it would be worth every penny.
    I agree with energy infrastructure but a lot of what’s needed is the boring high voltage lines 

    you can build all the wind and solar farms you want in west Texas for example.  Getting that energy to the cities that need it isn’t happening as you don’t have the thousands of miles of lines or the capacity to move that energy and it’s going to be a huge problem as people demand way more from the grid now. It’s a big problem especially with plug in cars (which I support).  It’s just added strain on the grid.

    plus I read somewhere that the biggest 9 bitcoin/crypto miners use (or will use in the near future) 20 percent of all electricity in Texas.  

    No way the infrastructure can support that growth no matter how that energy is being generated 
    Post edited by Cropduster-80 on
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    Jearlpam0925Jearlpam0925 Deep South Philly Posts: 16,787
    edited August 2022


    I think the weird part about all this is it seems sometimes like people are convinced that were already in a recession. And even though we're not it's like they want to will it to happen.
    Isn't 2 consecutive quarters of down GDP a recession by definition?
    Yes, by the general definition. But that's like looking at the stock market as the economy, or anything else that values context. It also includes high levels of unemployment, sales dropping, income falling, manufacturing contracting. None of these things have happened. NBER considers all of these things when evaluating what is and isn't a recession, too.
    Gotcha.

    I did just read that our exports are really high the last 2 quarters.  Because of Russia Ukraine squabble, Europe is looking of our LP G and grains.
    Yeah, that can be weird though. High exports means a strong US dollar, and that is and isn't a good thing. Because another anomaly is a strong dollar usually means low inflation, but we all know that's not the case (globally).
    I believe that it's not inflation but greed.  The signs point to it.  Oil having record profits because prices are so damn high?  C'mon man...
    I mean call it what you will, but, yes, oil and the war in Ukraine are a large reason for it, as I've posted in here numerous times (and Covid). Also sounds like a great reason to keep pivoting away from a dependency on fossil fuels.
    Also a good reason to jack up prices for loss of revenue during lockdown...
    I mean yeah I guess. Again, sounds like a great reason to not send money to oil companies, and instead become self-reliant with technology that can get us on our way there.

    IMO two things the Fed gov't should have started yesterday (well, really just one - Green New Deal): 1) invest & churn out housing construction/production 2) invest in every damn piece of alternative energy, infrastructure, and transportation. They're the greatest long-term fixes/investment for a slew of reasons. These two things, to me, would be the New New Deal, and it would be worth every penny.
    I agree with energy infrastructure but a lot of what’s needed is the boring high voltage lines 

    you can build all the wind and solar farms you want in west Texas for example.  Getting that energy to the cities that need it isn’t happening as you don’t have the thousands of miles of lines or the capacity to move that energy and it’s going to be a huge problem as people demand way more from the grid now. It’s a big problem especially with plug in cars (which I support).  It’s just added strain on the grid.

    plus I read somewhere that the biggest 9 bitcoin miner use (or will use in the near future) 20 percent of all electricity in Texas.  

    No way the infrastructure can support that growth 
    Again, I think this is another forest from the trees conversation. IMO Bitcoin is trash for a number of reasons, and this is just another example. We shouldn't be trying to support bitcoin mining. Like my mind goes, when you say that, is "oh yeah, bitcoin sucks. sounds like just another reason not to allow that trash." Not "bitcoin mining is heavily reliant on energy usage so we should find whatever resource we have to support that."

     And I'm not saying wind and solar is the biggest answer. What I'm saying is there are answers. Texas has as many problems as they have because they're not on the socialized (uh oh! scary word!) grid where other states/grids are capable of supplementing one another when usage increases. It's because they're solely reliant upon themselves. And that would take regulation (another scary word!) to get on that grid, but Texas is gonna Texas. Talk about a matter of price and profit gouging...

    Nuclear is the answer in a lot of ways when it comes to households, but it's one of those mindfucks for environmentally progressive people. It's actually cleaner, more efficient, and safer than basically every other option as a whole. Talk about a hot take, haha..

    As for house heating there are plenty of ways outside of oil and gas, etc etc.

    And, sorry, I should clarify when I'm talking about infrastructure - I'm mainly talking about transportation and its relation to it: e.g. building more rail, implementing more non-car modal lanes (bike/scooter/pedestrian/bus/train/trolley/you name it) dependent upon the distance needed; implementing more congestion pricing in dense areas, incentivize the use of public transportation especially in denser areas.
    Post edited by Jearlpam0925 on
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    Cropduster-80Cropduster-80 Posts: 2,034
    edited August 2022
    When I lived in London I could get anywhere in what seemed like 15 minutes.  In Houston it takes me 45 to get to Target 5 miles away.

    why Americans don’t support public transport infrastructure is beyond me.  They sit in traffic and complain constantly though but don’t seem to want to do a thing about it 

    really politicians or whoever should  just drop the environmental argument.  Make it a convenience argument. 
    Post edited by Cropduster-80 on
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