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Talk to any reservoir engineer, it doesn’t happen like that and definitely not on the scale you are suggesting.tempo_n_groove said:
They aren’t. Just like the oil companies aren’t interested in uncapping the wells they plugged up during the cheap oil days.mrussel1 said:
I'm not sure why you think OPEC is interested in helping to fill that void. They are trying to optimize their profit. That means allowing prices to float higher for a period of time, but not long enough to create a recession and therefore drive down demand.tempo_n_groove said:
No inflation. I can see that w the war in Ukraine as Russia wasn't supplying more oil but then I can go back to oil companies not helping to fill that void thus driving up demand and prices.mrussel1 said:
I don't understand what you're saying. You're questioning how the war in Ukraine could lead to higher oil prices?tempo_n_groove said:
I don't get how oil prices are caused by inflation?Lerxst1992 said:tempo_n_groove said:
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...Jearlpam0925 said:
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).tempo_n_groove said:
Gotcha.Jearlpam0925 said:
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.tempo_n_groove said:
Isn't 2 consecutive quarters of down GDP a recession by definition?Jearlpam0925 said:
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.
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.What signs? Oil prices were up 100% from pre pandemic levels and net profits are around 9% (and that’s making up for losses during the pandemic).That’s sounds like inflation. Also energy is mid level profit net margin compared to other sectors, with plenty of sectors higher, such as communication, tech, real estate, and financials, which are over double that of the energy sector . So let’s start yelling at all the bankers now.
https://www.yardeni.com/pub/sp500margin.pdf
Demand went up and the oil companies/opec, have the ability to produce more oil but they don't because profits are good.
I'm failing to see how that is related to inflation or Russia for that matter as you have the two leading producers of oil not producing more.
And when energy prices rise, everything goes up with it.My argument was the record profits that they are getting.Look at Exxon/Mobil’s last 12 quarters.
you may cap an unprofitable well, but you aren’t restarting it later. You lose massive amounts of production that you will never, ever get back once you stop a well assuming you can even get it running again. Usually they don’t even cap them, they just sell them to a smaller company who works on lower margins who runs it into the ground.To replace the amount of Russian oil that isn’t in the market to even make a difference we aren’t talking pump jacks in the middle of a field you are talking 70 billion dollar multi decade mega projects
it’s a gas project not oil but look up the Gorgon project in Australia. That’s the scale and timeframe you need if you aren’t buying Russian oil. That fact they spent that much money and time to extract that gas is also a good indicator of how difficult it is to get that kind of quantityPost edited by Cropduster-80 on0 -
Profit margin in 2020 wasmrussel1 said:
I would be surprised if Exxon had record profits in 2020, is that really the case?tempo_n_groove said:
They aren’t. Just like the oil companies aren’t interested in uncapping the wells they plugged up during the cheap oil days.mrussel1 said:
I'm not sure why you think OPEC is interested in helping to fill that void. They are trying to optimize their profit. That means allowing prices to float higher for a period of time, but not long enough to create a recession and therefore drive down demand.tempo_n_groove said:
No inflation. I can see that w the war in Ukraine as Russia wasn't supplying more oil but then I can go back to oil companies not helping to fill that void thus driving up demand and prices.mrussel1 said:
I don't understand what you're saying. You're questioning how the war in Ukraine could lead to higher oil prices?tempo_n_groove said:
I don't get how oil prices are caused by inflation?Lerxst1992 said:tempo_n_groove said:
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...Jearlpam0925 said:
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).tempo_n_groove said:
Gotcha.Jearlpam0925 said:
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.tempo_n_groove said:
Isn't 2 consecutive quarters of down GDP a recession by definition?Jearlpam0925 said:
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.
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.What signs? Oil prices were up 100% from pre pandemic levels and net profits are around 9% (and that’s making up for losses during the pandemic).That’s sounds like inflation. Also energy is mid level profit net margin compared to other sectors, with plenty of sectors higher, such as communication, tech, real estate, and financials, which are over double that of the energy sector . So let’s start yelling at all the bankers now.
https://www.yardeni.com/pub/sp500margin.pdf
Demand went up and the oil companies/opec, have the ability to produce more oil but they don't because profits are good.
I'm failing to see how that is related to inflation or Russia for that matter as you have the two leading producers of oil not producing more.
And when energy prices rise, everything goes up with it.My argument was the record profits that they are getting.Look at Exxon/Mobil’s last 12 quarters.
The thing about oil companies is that their costs to extract crude is pretty stable, so when oil shoots up in price, their margins skyrocket. But I don't even blame them for that. Opec+ fundamentally controls the price of oil. US companies just ride the coattails of that.
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Interesting that when it’s positive their best quarter ever appears to be only +16% which was last quarter. In Q1 they took a 4 billion dollar hit for exiting their Russian assets which wasn’t cheap. Even with expensive oil there are still risksPost edited by Cropduster-80 on0 -
tempo_n_groove said:
They aren’t. Just like the oil companies aren’t interested in uncapping the wells they plugged up during the cheap oil days.mrussel1 said:
I'm not sure why you think OPEC is interested in helping to fill that void. They are trying to optimize their profit. That means allowing prices to float higher for a period of time, but not long enough to create a recession and therefore drive down demand.tempo_n_groove said:
No inflation. I can see that w the war in Ukraine as Russia wasn't supplying more oil but then I can go back to oil companies not helping to fill that void thus driving up demand and prices.mrussel1 said:
I don't understand what you're saying. You're questioning how the war in Ukraine could lead to higher oil prices?tempo_n_groove said:
I don't get how oil prices are caused by inflation?Lerxst1992 said:tempo_n_groove said:
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...Jearlpam0925 said:
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).tempo_n_groove said:
Gotcha.Jearlpam0925 said:
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.tempo_n_groove said:
Isn't 2 consecutive quarters of down GDP a recession by definition?Jearlpam0925 said:
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.
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.What signs? Oil prices were up 100% from pre pandemic levels and net profits are around 9% (and that’s making up for losses during the pandemic).That’s sounds like inflation. Also energy is mid level profit net margin compared to other sectors, with plenty of sectors higher, such as communication, tech, real estate, and financials, which are over double that of the energy sector . So let’s start yelling at all the bankers now.
https://www.yardeni.com/pub/sp500margin.pdf
Demand went up and the oil companies/opec, have the ability to produce more oil but they don't because profits are good.
I'm failing to see how that is related to inflation or Russia for that matter as you have the two leading producers of oil not producing more.
And when energy prices rise, everything goes up with it.My argument was the record profits that they are getting.Look at Exxon/Mobil’s last 12 quarters.My comment was more along the lines that high oil prices drive inflation. When oil prices double and nat gas prices triple,we are spending more that increases inflation… but oil is also tied to many things like transportation and production, which drive up prices elsewhere.
So if oil is double or triple that has a much larger impact than a 9% net profit margin. And comparing energy to other sectors, there are plenty of other sectors with higher net margins, in my link above.0 -
Yeah.Lerxst1992 said:tempo_n_groove said:
They aren’t. Just like the oil companies aren’t interested in uncapping the wells they plugged up during the cheap oil days.mrussel1 said:
I'm not sure why you think OPEC is interested in helping to fill that void. They are trying to optimize their profit. That means allowing prices to float higher for a period of time, but not long enough to create a recession and therefore drive down demand.tempo_n_groove said:
No inflation. I can see that w the war in Ukraine as Russia wasn't supplying more oil but then I can go back to oil companies not helping to fill that void thus driving up demand and prices.mrussel1 said:
I don't understand what you're saying. You're questioning how the war in Ukraine could lead to higher oil prices?tempo_n_groove said:
I don't get how oil prices are caused by inflation?Lerxst1992 said:tempo_n_groove said:
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...Jearlpam0925 said:
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).tempo_n_groove said:
Gotcha.Jearlpam0925 said:
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.tempo_n_groove said:
Isn't 2 consecutive quarters of down GDP a recession by definition?Jearlpam0925 said:
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.
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.What signs? Oil prices were up 100% from pre pandemic levels and net profits are around 9% (and that’s making up for losses during the pandemic).That’s sounds like inflation. Also energy is mid level profit net margin compared to other sectors, with plenty of sectors higher, such as communication, tech, real estate, and financials, which are over double that of the energy sector . So let’s start yelling at all the bankers now.
https://www.yardeni.com/pub/sp500margin.pdf
Demand went up and the oil companies/opec, have the ability to produce more oil but they don't because profits are good.
I'm failing to see how that is related to inflation or Russia for that matter as you have the two leading producers of oil not producing more.
And when energy prices rise, everything goes up with it.My argument was the record profits that they are getting.Look at Exxon/Mobil’s last 12 quarters.My comment was more along the lines that high oil prices drive inflation. When oil prices double and nat gas prices triple,we are spending more that increases inflation… but oil is also tied to many things like transportation and production, which drive up prices elsewhere.
So if oil is double or triple that has a much larger impact than a 9% net profit margin. And comparing energy to other sectors, there are plenty of other sectors with higher net margins, in my link above.
you can’t just exclude energy prices to get a more accurate gauge of inflation for that reason either.Goods, services, transportation etc are all higher because of oil prices. Minus the cost of oil I have to think inflation is probably no where near it’s current levels.People need to spend less to slow the economy. When oil prices are involved it gets tricky0 -
Well it's no coincidence that the inflation of the 70s was a result of the OPEC embargo.Cropduster-80 said:
Yeah.Lerxst1992 said:tempo_n_groove said:
They aren’t. Just like the oil companies aren’t interested in uncapping the wells they plugged up during the cheap oil days.mrussel1 said:
I'm not sure why you think OPEC is interested in helping to fill that void. They are trying to optimize their profit. That means allowing prices to float higher for a period of time, but not long enough to create a recession and therefore drive down demand.tempo_n_groove said:
No inflation. I can see that w the war in Ukraine as Russia wasn't supplying more oil but then I can go back to oil companies not helping to fill that void thus driving up demand and prices.mrussel1 said:
I don't understand what you're saying. You're questioning how the war in Ukraine could lead to higher oil prices?tempo_n_groove said:
I don't get how oil prices are caused by inflation?Lerxst1992 said:tempo_n_groove said:
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...Jearlpam0925 said:
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).tempo_n_groove said:
Gotcha.Jearlpam0925 said:
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.tempo_n_groove said:
Isn't 2 consecutive quarters of down GDP a recession by definition?Jearlpam0925 said:
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.
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.What signs? Oil prices were up 100% from pre pandemic levels and net profits are around 9% (and that’s making up for losses during the pandemic).That’s sounds like inflation. Also energy is mid level profit net margin compared to other sectors, with plenty of sectors higher, such as communication, tech, real estate, and financials, which are over double that of the energy sector . So let’s start yelling at all the bankers now.
https://www.yardeni.com/pub/sp500margin.pdf
Demand went up and the oil companies/opec, have the ability to produce more oil but they don't because profits are good.
I'm failing to see how that is related to inflation or Russia for that matter as you have the two leading producers of oil not producing more.
And when energy prices rise, everything goes up with it.My argument was the record profits that they are getting.Look at Exxon/Mobil’s last 12 quarters.My comment was more along the lines that high oil prices drive inflation. When oil prices double and nat gas prices triple,we are spending more that increases inflation… but oil is also tied to many things like transportation and production, which drive up prices elsewhere.
So if oil is double or triple that has a much larger impact than a 9% net profit margin. And comparing energy to other sectors, there are plenty of other sectors with higher net margins, in my link above.
you can’t just exclude energy prices to get a more accurate gauge of inflation for that reason either.Goods, services, transportation etc are all higher because of oil prices. Minus the cost of oil I have to think inflation is probably no where near it’s current levels.People need to spend less to slow the economy. When oil prices are involved it gets tricky0 -
The other important part of all this is oil prices in a free market is a form of rationing based on your ability to pay. With the current supply and if hypothetically the price per barrel were artificially cut in half, gas stations wouldn’t have any gas. The lower the price goes, the more you use and with demand (based on that low price) far exceeding supply you have a whole different problem.
you can have rationing in one of two ways. Fix the price (government intervention) and have miles long lines at gas stations or let supply and demand balance based on price and be able to get gas when you need it, provided you have enough money.
the whole point here is higher prices leads to lower usage and thus availability of gas.It’s no different than US healthcare Vs UK healthcare. They both ration care. The US balances supply and demand based on your ability to pay, the UK balances supply and demand based on immediate need. That’s why it’s easier to get an elective procedure more quickly in the US. You are paying a lot more for thatPost edited by Cropduster-80 on0 -
Also a reason why energy and food prices are excluded from CPI.0
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Cropduster-80 said:
Profit margin in 2020 wasmrussel1 said:
I would be surprised if Exxon had record profits in 2020, is that really the case?tempo_n_groove said:
They aren’t. Just like the oil companies aren’t interested in uncapping the wells they plugged up during the cheap oil days.mrussel1 said:
I'm not sure why you think OPEC is interested in helping to fill that void. They are trying to optimize their profit. That means allowing prices to float higher for a period of time, but not long enough to create a recession and therefore drive down demand.tempo_n_groove said:
No inflation. I can see that w the war in Ukraine as Russia wasn't supplying more oil but then I can go back to oil companies not helping to fill that void thus driving up demand and prices.mrussel1 said:
I don't understand what you're saying. You're questioning how the war in Ukraine could lead to higher oil prices?tempo_n_groove said:
I don't get how oil prices are caused by inflation?Lerxst1992 said:tempo_n_groove said:
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...Jearlpam0925 said:
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).tempo_n_groove said:
Gotcha.Jearlpam0925 said:
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.tempo_n_groove said:
Isn't 2 consecutive quarters of down GDP a recession by definition?Jearlpam0925 said:
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.
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.What signs? Oil prices were up 100% from pre pandemic levels and net profits are around 9% (and that’s making up for losses during the pandemic).That’s sounds like inflation. Also energy is mid level profit net margin compared to other sectors, with plenty of sectors higher, such as communication, tech, real estate, and financials, which are over double that of the energy sector . So let’s start yelling at all the bankers now.
https://www.yardeni.com/pub/sp500margin.pdf
Demand went up and the oil companies/opec, have the ability to produce more oil but they don't because profits are good.
I'm failing to see how that is related to inflation or Russia for that matter as you have the two leading producers of oil not producing more.
And when energy prices rise, everything goes up with it.My argument was the record profits that they are getting.Look at Exxon/Mobil’s last 12 quarters.
The thing about oil companies is that their costs to extract crude is pretty stable, so when oil shoots up in price, their margins skyrocket. But I don't even blame them for that. Opec+ fundamentally controls the price of oil. US companies just ride the coattails of that.
-44%
-1.5
-3.5
-1
Interesting that when it’s positive their best quarter ever appears to be only +16% which was last quarter. In Q1 they took a 4 billion dollar hit for exiting their Russian assets which wasn’t cheap. Even with expensive oil there are still risksDate Value June 30, 2022 16.04% March 31, 2022 6.25% December 31, 2021 10.91% September 30, 2021 9.39% June 30, 2021 7.11% March 31, 2021 4.74% December 31, 2020 -43.88% September 30, 2020 -1.50% June 30, 2020 -3.35% March 31, 2020 -1.11% December 31, 2019 9.03% September 30, 2019 5.00% June 30, 2019 4.64% March 31, 2019 3.81% December 31, 2018 8.79% September 30, 2018 8.41% June 30, 2018 5.53% March 31, 2018 7.11%
We all know that 2020 was shit because of covid. They had a nice bounce back though. Only 16%? Companies that big look to do 4% and make a nice return. 16% on that much revenue is huge!0 -
The capped wells weren't profitable during the glut of cheap oil, that's why they were abandoned. With the high price of oil now it would be very profitable but like I said before, why would they want to do that?Cropduster-80 said:
Talk to any reservoir engineer, it doesn’t happen like that and definitely not on the scale you are suggesting.tempo_n_groove said:
They aren’t. Just like the oil companies aren’t interested in uncapping the wells they plugged up during the cheap oil days.mrussel1 said:
I'm not sure why you think OPEC is interested in helping to fill that void. They are trying to optimize their profit. That means allowing prices to float higher for a period of time, but not long enough to create a recession and therefore drive down demand.tempo_n_groove said:
No inflation. I can see that w the war in Ukraine as Russia wasn't supplying more oil but then I can go back to oil companies not helping to fill that void thus driving up demand and prices.mrussel1 said:
I don't understand what you're saying. You're questioning how the war in Ukraine could lead to higher oil prices?tempo_n_groove said:
I don't get how oil prices are caused by inflation?Lerxst1992 said:tempo_n_groove said:
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...Jearlpam0925 said:
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).tempo_n_groove said:
Gotcha.Jearlpam0925 said:
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.tempo_n_groove said:
Isn't 2 consecutive quarters of down GDP a recession by definition?Jearlpam0925 said:
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.
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.What signs? Oil prices were up 100% from pre pandemic levels and net profits are around 9% (and that’s making up for losses during the pandemic).That’s sounds like inflation. Also energy is mid level profit net margin compared to other sectors, with plenty of sectors higher, such as communication, tech, real estate, and financials, which are over double that of the energy sector . So let’s start yelling at all the bankers now.
https://www.yardeni.com/pub/sp500margin.pdf
Demand went up and the oil companies/opec, have the ability to produce more oil but they don't because profits are good.
I'm failing to see how that is related to inflation or Russia for that matter as you have the two leading producers of oil not producing more.
And when energy prices rise, everything goes up with it.My argument was the record profits that they are getting.Look at Exxon/Mobil’s last 12 quarters.
you may cap an unprofitable well, but you aren’t restarting it later. You lose massive amounts of production that you will never, ever get back once you stop a well assuming you can even get it running again. Usually they don’t even cap them, they just sell them to a smaller company who works on lower margins who runs it into the ground.To replace the amount of Russian oil that isn’t in the market to even make a difference we aren’t talking pump jacks in the middle of a field you are talking 70 billion dollar multi decade mega projects
it’s a gas project not oil but look up the Gorgon project in Australia. That’s the scale and timeframe you need if you aren’t buying Russian oil. That fact they spent that much money and time to extract that gas is also a good indicator of how difficult it is to get that kind of quantity
Any start up or exploration costs money. With Biden not a fan of new exploration and companies not wanting to spend that money for it they will enjoy the profits now but a time will come when they have to go out and seek new areas to pump/drill.0 -
If you printed a million dollars a day since 1440, you still wouldn't have as much money as elon musk
The worst of times..they don't phase me,
even if I look and act really crazy.0 -
Screw all social media I’m off all of them, I can come here and read, laugh , learn some and be fine oh that right I can still buy a newspaper or have a subscription to good news outlets! Fuck that Russian asset!nicknyr15 said:jesus greets me looks just like me ....0 -
For whatever reason if you lean left you cancel twitter now? It's always been a cesspool so because Musk buys it, that's why you get off it, lol?nicknyr15 said:
This is a general response to what I am seeing.0 -
Laughable.tempo_n_groove said:
For whatever reason if you lean left you cancel twitter now? It's always been a cesspool so because Musk buys it, that's why you get off it, lol?nicknyr15 said:
This is a general response to what I am seeing.0 -
Not leaving Twitter until it actually turns to shit. Which shouldn't be long. Remember - he's paying 44B because he has to.0
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It's always been shit. Too many people have a say on there. Wayyyyy too many.Jearlpam0925 said:Not leaving Twitter until it actually turns to shit. Which shouldn't be long. Remember - he's paying 44B because he has to.
I use it for sneaker and poster drops. Not much else.0 -
Got off because he panders to Putin that’s my take oh and he will charge for it at some point!tempo_n_groove said:
For whatever reason if you lean left you cancel twitter now? It's always been a cesspool so because Musk buys it, that's why you get off it, lol?nicknyr15 said:
This is a general response to what I am seeing.jesus greets me looks just like me ....0 -
Not my fault you're doing it wrong.tempo_n_groove said:
It's always been shit. Too many people have a say on there. Wayyyyy too many.Jearlpam0925 said:Not leaving Twitter until it actually turns to shit. Which shouldn't be long. Remember - he's paying 44B because he has to.
I use it for sneaker and poster drops. Not much else.
Also, if you think it's shit now wait till he takes it over. Better yet, the irony of thinking something's shit but worth 44B.0 -
Since we are being 100% pure in our reading and comprehension around here now....where is your proof that Elon Musk is a "Russian Asset"josevolution said:
Screw all social media I’m off all of them, I can come here and read, laugh , learn some and be fine oh that right I can still buy a newspaper or have a subscription to good news outlets! Fuck that Russian asset!nicknyr15 said:hippiemom = goodness0
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