- Apr 16, 2014
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I don't know where else to post this but what do y'all think about Rumble, or $RUM? I've noticed they've signed a few exclusive deals with some really big streamers. I bought a few cheap at the money calls for Jan 24.
OFFICIAL STOCK MARKET AND ECONOMY THREAD VOL. A NEW CHAPTER
- Thread in 'General' Thread starter Started by johnnyredstorm,
- Start date
- Jul 12, 2005
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- 381
In case this is relevant for anyone here with the tax deadline approaching
- Jul 13, 2005
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So uhhh where’s this recession they speak of?
- Aug 22, 2007
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Watching AMZN and COF today
- Dec 23, 2009
- 30,360
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Apparently in South Korea. Samsung reported lowest profits since 2009.
- Apr 16, 2014
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Can't prove it but these buy no pay later services slowing the inevitable and will make it even worse when it actually hits.
I'm looking at you Affirm, Afterpay, Klarna.
I'm looking at you Affirm, Afterpay, Klarna.
- Dec 23, 2009
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You could probably prove it. Look at their default rates and balance sheets. I personally haven't because I don't believe in these companies. But you should theoretically be able to see and prove that they're delaying a recession, if their balance sheets are continuing to be bloated by liabilities quarter/quarter or year/year.
Obvs there's issues in this theory but it's a quick thought and I'm sure risky growth lenders seeing exploding liabilities and defaults isn't a good sign for the economy.
- Jul 13, 2005
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Companies are “cutting costs” and having layoffs only to inflate their balance sheets for investors. Look we made money this quarter, when in reality it’s BS minuscule profits.
This earnings season a fluke.
This earnings season a fluke.
- Dec 3, 2007
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I know right. I'm patiently waiting for the crash, so I can scoop up stuff on sale and all I'm seeing is green and things getting more expensive.
...
- Jul 13, 2005
- 35,415
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I don’t think we crash, we already had a significant correction. But to see almost new all time highs for some of the big boys, this was a fake scare.
Post pandemic investing is just different.
People still got jobs
People still buying houses
Post pandemic investing is just different.
People still got jobs
People still buying houses
- Dec 23, 2009
- 30,360
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Do you guys remember 2008? It ain't a one-moment drop. We've got some bank failures. We've got layoffs. It's a snowball. Give it time. Especially if JPow keeps increasing interest rates.
- Oct 14, 2008
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- Oct 14, 2008
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2008 recession is a once in a 50-70 type of recession. Maybe I’m older so I remember but like the 2000-2001 recession wasn’t hard on most people but there was a significant slow down.
- Apr 16, 2014
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You mean the buy now pay never companies?
Man it's people using it in restaurants I was bewildered when I saw that.
- Mar 22, 2003
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- Oct 14, 2008
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I use to work with one of these companies before. When they described their business model I was curious why would anyone use this over a CC. I get it why but it’s basically proving that many people are being really underpaid compared to their expenses that they really brought back a new form of layaway.
- Apr 16, 2014
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Yeah 2000 I was 4.
Not 14.......4
Not 14.......4
- Apr 16, 2014
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The limits are bigger than what most credit cards would approve these people for with their credit scores and income. That's the only thing I can think off or that makes sense to me as to why anyone would go that route.
- Oct 14, 2008
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Well it also approves people with **** credits year which is why it’s always alluded to as a layaway.
- Jul 13, 2005
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Look at AMZN go
SNAP is probably officially dead
SNAP is probably officially dead
- Jul 13, 2005
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Market has best of the day year. Recession they said though.
Cool.
Cool.
- May 20, 2006
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Recessions are never telegraphed. They dont talk about it for a year+ and then it happens. That said, economy is **** and things will go south when you least expect it. There'll be an event no one saw coming and blame will be placed there.
- Mar 22, 2003
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Evan needs to let go but he won’t - he’d rather die
- Dec 23, 2009
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This is why timing the market is bad and DCAing is good. But I still believe we have a crash and recession by end of year.
