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Sell all your stocks losers

Ammonia factories in Germany shut down because of rising natural gas prices so Europe is going to take a hit and you'd be a fool if you thought similar wasn't going to happen here.

A crash is certain to come once knock-on effects of the rise in price of one commodity are now slamming another commodity. Ammonia factories will re-negotiate their contracts with a higher price, and every subsequent industrial process which requires ammonia will see its costs go up as well, and so on down the chain, until the raw materials have been processed into supplies for purchase with State Credits at your Communist Supply Depot of choice.

This is a domino falling because another domino has hit it. Chain reaction. It's only the beginning: everything that requires natural gas to create will rise in price.

So I sold all my stocks this morning. It's better to be out at the approximate top than to go for the high score and miss and end up with nothing.

The crash is inevitable, and the point at which it is clear that it has begun to happen is the point at which the crash is immanent. (And therefore, imminent.)

I am a dramaslur and this is not investment advice, it's a fantasy world where points in computers go boop and serious people pretend to understand the laws of equivalent exchange.

Poor Zoomers. They have no idea what's coming. They think they know what a crash is because of 2020. (The oldest Zoomers were 11 in 2008, so says Wikipedia.)

A crash casts a long shadow. Heck I could only see just how much damage the crash did to my pocketbook in retrospect.

There will not be jobs. For a long time. The jobs there will be will not pay well.

See the rich people are playing their own game on us, and the rounds are measured in economic crashes. Bell goes "bing" and we see whose positions are covered and who gets cast out of heck to join the commoners in wage slavery as human chattel. Then the banks were bailed out in 2008 and a fundamental property of the universe was broken.

Death was denied his due.

This was bad, and we knew it at the time.

It's like crossing the Avatar: at some point the eyes are going to glow and you are going to have it explained to you via gruesome example that you have violated the natural order of the universe and the degree to which you are powerless shall be made dramatically clear. Child learns the parent is stronger than it, and the child cannot defy the fundamental nature of this order.

This was of old the criticism of the Communist Ideology, not the joke one I inter into the tomb of capitalism to try and shake you from your pursuit of that spook, but the actual Communists who attempted to implement Communism: that it was as an act against the nature of the world, to define the reality perfectly by whim of man, when it is better to yet the universe keep track of how much a postage stamp should be. This is what was meant by Communist Godlessness, that because Communists had set themselves up to remake the state in their desired image, they had misunderstood God.

But we had the opportunity to be capitalists again, in 2020! And we blew it.

See when the corporate spirit runs out of mana you should let it die. It's occult theory 101. If you feed a nether spirit mana it will burn as a nether drake but this communistic necromancy keeping corporations alive is an affront to capitalism proper, not the ideology, but the theory itself.

But the Americans were materialist in their philosophy, and the in-the-earth-not-of-it Evangelical Christians regarded the corporate world as a thing to be endured as part of the apparatus of Caesar whose rule the Evangelical Christian welcomes. (It is the Catholics that understand that when heck is comprehended it must be opposed, so as to defend the holy name of God.)

So the spirits run rampant because most humans don't understand they'd best start believing in faerie tales, they're in one, and those that do see the wacky spirits get that this isn't the sort of thing that can be made clear to those without eyes to see.

But what's coming, Zoomers, is this:

A stock market crash means money, which is fictitious and sometimes vanishes, is less available to companies, who have to cut expenses dramatically, including staff. That's a lot of people who thought they could pay their mortgage and can't. So they sell their house, but the mass sell-off causes a correction in housing prices.

The banks might be better prepared to handle some of the debt they own turning bad than 2008. Crash might end then.

But when a crash hits, that's just the beginning, Zoomers.

There will not be jobs.

Many of you will end up at home. If you're not already there!

And you will look out at a world that does not need you.

And they will say the same things they told us about finding work.

But time will pass and the economy will slowly regrow, unless we really off ourselves. (Which we might, who knows.)

And your pocketbook will be forever scarred by the years you weren't making money. Just by being born at a specific point prior to an economic crash, you get wrecked pretty hard.

And you must look at your footsteps, and understand: you are on your way to where we were.

You are on your way to OWS.

And when you feel the call, I urge you to go. Or forever be one who walked away from the burden of a man. (Or woman.)

Don't be the person who talks about how protests don't matter on the Internet.

OWS did one thing, which lingers today. It created a general consensus that wealth inequality was a huge problem, and do not discount the great importance of that accomplishment in this age of polarization.

We are the 99%.

And we can sell our stocks just to beat the rich out the door, if we all sell now. Just to make them hurt. Just to bring death into the room like a gallivanting howling dog to gobble up the spirits we have summoned whose time it is to die. Let's have some capitalism for once, and not have so many say: true capitalism has never been tried.

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Then the banks were bailed out in 2008 and a fundamental property of the universe was broken.

Death was denied his due.

Completely agree here, they were basically rewarded for their frick ups. And now everything is on stilts trying to stay afloat. It's going to be a 'fun' few years ahead. Good thing I know how to plant potatoes and do some other farm stuff.

Also the bailouts to the corporations in the pandemic. If they can't survive let them die.

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They should have at least jailed some. I don't know anything about the law but surely they could have put on a show and gave some high level Goldman guys a few decades with Tyrone. The bitterness of this has and will lead to further political instability.

At least corporations are smart enough to play identity politics now and keep people divided so less attention on them.

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Well, I think a guy got to go to prison. A nobody from some bank I think. But yes, they basically faced no real consequences from laundering high risk assets into high security stuff (not an expert on what happened, but it was really sketchy...)

I'm sad that that Occupy Wall Street failed the way it failed. And by some ironic sense of humor of destiny, OWS was the first time that I heard about the 'progressive stack'. And now you see pride marches with bank sponsors. I find it so sickening. Corporations exist to make money, so go make money, don't get into politics. At least don't pretend to care, because you don't. You just found another niche in the market that was not exploited.

I'm listening to an audiobook called: "Woke, Inc" and it is less rightoid that I was thinking it was going to be (I'm a rightoid at hearth, so it might be a bit rightoid for the leftards). He talks about how all this woke stuff and identity politics on corporations is basically a front for the company to 'conceal' the 'I just want to make money' front, and to appear somewhat righteous.

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It's not that woke politics is a corporate front, it's that when leftist politics encounters the corporate world, it is recuperated by the processes of capital to reinforce the power relation between labor and capital, which is to say: the rules will be based around that which keeps the cattle from hurting one another, the rules shall reliably identify the unruly cattle so they can be removed and replaced with ones that know how to behave.

What do you think woke politics is? Is it:

  • Something you saw someone get huffy and self-righteous about on the internet?

  • The enshrinement of anti-discrimination laws in the workplace that are used to banish frickwits who can't learn not to piss off other people over some imaginary principle that doesn't matter because work is the only thing that the cattle needs to worry about?

In reality woke politics is neither and both of these things. But the corporations don't even care if they appear righteous, they care if they get sued for workplace shittiness and can't make a defense.

to appear somewhat righteous.

Rightoid shit has this problem, that it declares anything the left does believing itself to be righteous to be the performance of righteousness instead of its actuality. It's fricking hilarious. Even if leftists are only aspiring to appear righteous that's a far sight better than building your ideology around criticizing another ideology while offering nothing coherent.

Like if you were to just follow a farmer around telling him he's stupid and ideologically motivated and only pretending to want to grow food, and then wondering why the world doesn't have food for you.

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calling discrimination "anti-discrimination"

tres 1984esque

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leftist politics encounters the corporate world, it is recuperated by the processes of capital

I think this is a failure. In my view, leftist policies should reflect in laws or agreements that make it hard for the corporations to treat employees like shit. Make an union, demand better conditions from the employer. This is leftist policies. I agree that what exists today in the corporate world is a 'conformity enforcement'. Which you put better than me.

I think woke (in the super progressive sense) Is mainly a tool to beat people with and feel self-righteous.

There are valid issues being presented, there is systemic discrimination. I just vehemently disagree with the way they are trying to fix this issues. Mandating that a woman or person of color be in the executive board, is not fixing any issues (in my opinion). It's like putting lipstick in pig. Instead of a woman that agrees with all of them, why not put someone from lower in the ladder, someone that actually has experience on how the business gets done, instead of huffy MBAs and Managers that only see numbers?

I don't associate anti-discrimination with woke. This is a basic right. I know that corporations fail at this basic principle, and if anything good comes out of this, it's these policies. Where I work at now, it is a super inclusive company, but we don't announce it to the world, we don't announce political decisions as a company. The employees are free to do what they want, and there are internal diversity initiatives. But like the CEO says: We are Switzerland. We make the money.

But the corporations don't even care if they appear righteous, they care if they get sued for workplace shittiness and can't make a defense.

I agree, the appearing righteous is mainly a bonus and to gain social capital, it's a self interested play.

Rightoid shit has this problem, that it declares anything the left does believing itself to be righteous to be the performance of righteousness instead of its actuality

I don't agree with this characterization. There are valid problems that the left identifies that the right ignores (badly in my opinion). I think most of the people on the left are well meaning and trying to help the way they can. They sure do more than I do, and for that they have my respect.

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it is recuperated

lol

I think you mean "coopted".

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nah man recuperation is a process by which the system takes things which appear to be threats to it and incorporates only those elements which reinforce the system

woke -> antidiscrimination laws (a good thing) -> work conversation diminishes to a small circle of professional exchange (also a good thing as you get older and care less about the things young people care about) -> one less avenue for humans to connect to each other as humans (a bad thing), and any place humans connect to each other as humans the system can be threatened.

It's why we're isolated and pinned down.

this is one instance of the general process of recuperation.

https://en.wikipedia.org/wiki/Recuperation_(politics)

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nah man recuperation is a process by which the system takes things which appear to be threats to it and incorporates only those elements which reinforce the system

That's pretty much the definition of co-opting, lol. Heck, the Wikipedia article itself uses the word "co-opt". Of course Marxists felt the need to rename and repackage a common concept.

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But the verb "co-opt" requires an actor. Nazis co-opted the pepe meme briefly. Recuperation makes it clear that there is no actor in the traditional sense.

The Marxists are just being precise. You don't strike me as a strong reader.

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But the verb "co-opt" requires an actor.

No, it doesn't.

Even if this were true, it's still a trivial distinction. Structural phenomena are the collective work of actors.

The Marxists are just being precise.

Verbosity is not precision. They're being overwrought because they like to hear their own voices.

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a front for the company to 'conceal' the 'I just want to make money' front, and to appear somewhat righteous.

Lol absolutely. You can pretty much hear Visa saying "hey cute twinks we did the rainbow thing for a month now use our credit cards".

What matters is winning over 51% of the middle 80% of society by embracing a positive sounding slogan so they spend that money.

Only thing worse than corporate manipulation is the media.

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Only thing worse than corporate manipulation is the media.

Politics, honey.

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The terrible trifecta πŸ™ƒπŸ™ƒ.

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Libertarians rise up!!!! :marseypedo:

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Most people are ungrateful r-slurs. They'll complain about however insincere companies are with burning resources on 5% of the population, but they're still vote in corrupt bastards that won't fix anything in the long-run. Votehogs act like the very corporations they complain about.

It's all so tiresome.

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if it were possible to elect non-corrupt representatives, voting would be illegal

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This is why we should hurry up and join forces with the People's Republic of China.

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They should have gone full China and just fricking executed some of them.

:marseyauthleft:

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Based

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Lol it was the government's fault it happened in the first place, along with the people who took out loans they couldn't afford. Clinton made a massive push for "more equitable" homeownership. So they had all the lenders give loans to any r-slur regardless of their credit history (especially if they were a minority). This r-slurred lending was perpetuated under Bush until the 2008 recession. So the government taking people to task over their own policy doesn't really make sense.

Also Americans act like the bailout was a bad thing when what it did was prevent the recession from turning into a full on depression. Anyone who argues otherwise is financially illiterate. Everything was paid back plus interest, the government actually got a positive return on the bailout.

One hilarious thing is that the bailout is just like student loans. They are both low interest loans that wouldn't be otherwise available, in what is believed to be the nation's benefit. So the next time someone says something stupid like "the government bails out banks but not the people", you can let them know they are moron. Ask them how many countries did multiple stimulus checks over the last year.


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Lol it was the government's fault it happened in the first place

And that is why I'm not a big fan of government in the first place. I doubt they do anything better than the free market. I know this is a dogmatic position, but that are so many people on the other side that I just take it in principle without too many questioning.

The banks knew they were high risk loans, but still repackaged them through Credit Default Swaps, turning it into a casino where insurance companies betted against and for, and so making the exposure to these high risk investments even higher. (I'm financial illiterate, might be understanding things wrongly). I would not say that the banks were blameless.

They are both low interest loans that wouldn't be otherwise available

And they should not exist. The state should not be subsidizing credit that the universities know are guaranteed, so they can fleece even more money from the students. I think at best the state should give x amount per student. Change higher education to a more European model.

I get that the bailouts are a controversial subject, and for example letting the flying industry die a miserable death during the pandemic, maybe it is not the best for the people in the state. In my dogmatic view it's not even the bailouts that are the problem, but wallstreet. It's betting on derivatives of derivatives that are uncoupled from the real world value of stuff. Or is a share of GME really worth 170$, or a share of Tesla worth 780$?

Well, they are in the same way 1 bitcoin is worth 54k$.

I feel the whole system is broken, and there really is no way to fix it... But it hasn't imploded yet. Maybe it will never implode.

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I don't necessarily disagree but I think it's alright in some cases where it definitely helps people. I don't have any problem with the government helping a poor kid get a mechanical engineering degree, he will be able to pay it back and will be fine. I don't think the government should be shelling out 10s of thousands of dollars to some r-slurred who got Cs all through high school and now wants to go to a private liberal arts school for gender studies. Frick those people, make them go to a cheap community college.

As for the other stuff it's just basic supply and demand. R-slurs created a bunch of demand off of internet hype on things with limited supply, which causes prices to shoot up. These things don't really mean much in the grand scheme of the economy.


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Posts like this is why I do Heroine.

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Unironically this is why I'm keeping my money in the S&P500. I fully believe the Fed and the banks will burn everything to the ground as long as asset prices are kept high. It's the next stage in cynicism

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