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Next to the one with the wacky fingers?

Hard to say if we're in a suckers rally, I'd say we are, when the wave of deaths hits New York and then wider America the market is really going to tank.

The stimulus checks are a good thing but we shouldn't expect them to turn things around. I am not going to spend the money. It's going straight into my savings. Many Americans who are already doing fine will probably bank the money too instead of injecting it into the economy.

More than 6.6 million people filed new claims for unemployment benefits last week, the Labor Department said Thursday, setting a grim record for the second straight week.

Added to 3.3 million claims for the week ending March 21, it means nearly 10 million people have filed for unemployment benefits in two weeks.

The speed and scale of the job losses is without precedent. Until last month, the worst week for unemployment filings was 695,000 in 1982.

Over tens times the 1982 record, wow. Turns out a service economy isn't all it's cracked up to be. We need more domestic manufacturing.

RTHKI, are you in a good place right now? You have been a lot more talkative and cynical once you started working at the tranny factory.

dont mind if i dooooo!

I was messing around with a label maker and printed that out one day. I don't have any pictures of a baby so I used magnets to cover it up like the show

you’ve said this several times before. it is illiterate. people ended up working in niche bars and restaurants precisely because the manufacturing base collapsed. america does not have the demand or economic wherewithal to start making all of its own stuff. western economies are used to cheap goods manufactured at third world labour rates.

enjoy paying 4-5x as much for all of your everyday essentials. the simple and uncomfortable fact is that americans have got used to consuming immense amounts of trash, an order of magnitude more than just about any other nation on earth, and they are used to quick and easy and disposable. bringing your manufacturing home would only work if you radically changed americans’ lifestyles.

it’s also funny to me that decades of clothes from sweatshops, electronics from chinese satanic mills, really just wholesale consumption of things made in the most deplorable conditions by wage slaves, never caused any fretting or examination by the american consumer. no, it was the thought of getting sick and having extensive medical bills that finally did it! we’ve got to get back at these damn chinese who have accepted intolerable working conditions to service our every whim!

Last edited by uziq (2020-04-06 03:23:45)

america's infrastructure has been rotting for decades, hasn't it? what has stopped you until now? what does that have to do with china and asian supply lines, exactly?

you do realize that the majority of things made in china aren't shiny apple products, right? how about all of the components that go into an iphone. are you going to go the brazil route and pay exorbitantly expensive amounts for tech just because you insist on having end-of-supply-line manufacturing in america? have fun with that. you'll still be getting 80% of the raw materials from china.

people who 20-30 years ago had a reliable job at a plant doing factory-line work could pivot to working in hospitality. they are semi-skilled to unskilled labour. pivoting to engineering bridges or working in electronics, not so much.

western economies have done the opposite of invest, they have been strip-mined and privatized -- normally to another country's state-owned companies. hence you have a sizable portion of london's water supply being owned by an energy conglomerate that ... is owned by the chinese state. ditto with the UK's trains and public transport networks. built using taxpayer money in decades past, sold off by 'market liberals' ... to state-owned transport companies in the netherlands and france. so the UK taxpayer invested the initial outlay and now dutch and french citizens are reaping the dividends. makes sense.

america sees basic healthcare coverage as socialism so good luck with deep state intervention in the economy, long-term.

And ~ $1 Trillion on 'defence', which is largely workfare for peons and tax redistribution to the wealthy owners of defence contractors.

Meanwhile doesn't America need to replace all its bridges?
https://www.npr.org/2019/04/05/71036415 … in-the-u-s

Where's the sinking fund for that?

Last edited by Dilbert_X (2020-04-06 19:15:30)

Where is this coming from Newbie? Did you transform a man into a dog or something today at the tranny workshop? I bet you work for the Umbrella corporation.