sohsaad.bsky.social
24 | Optimistic Realist (or something)
Chicago-ish
171 posts
3,447 followers
6,639 following
Regular Contributor
Active Commenter
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i too ate a bunch of garbage last week and am recommitting to myself for this week lmao 🫡
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This situation is exactly the thought seed that led to me considering UBI as a feasible way of living.
If corporations basically make having humans useless, it's probably best for them to pay a tax so that people can still live, especially if there is such little work for the common individual
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told myself to stfu
life indeed improved
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good to meet you as well!!!
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yeah, there appears to be a "lets have good times now and deal with the pain later" type of governing ever since 2008.
get drunk, wake up hung over, get drunk again to cure the hangover, repeat till death does its part lol
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gotta cash in all the rug pulls while you still have the clout!!
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tbh all the small stuff like plates and random air fryers and such are the major thorns :( id rather move 2 couches than like 100 plates lmao
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additionally idk if anyone else is getting this in their following page either
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how's the quality of fast food in Shanghai? i dont believe the US Shake Shacks even have hot dogs!
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wait just to confirm the people who tried to overthrow our government are now saying overthrowing governments is bad and south korea's threat from north korea is stemming for jewish folk?
WHAT IS GOING ON DUDE
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You make a good call around exports dropping more than expected, will be a very key factor in forecasting sentiment around the economy for the next few years
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but what if my fingy tips are calloused from all the keyboarding
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(Part 5 and Final)
Even when offset but lower govt expenses, GDP may net go up based on these tail winds, but again, at the cost of the common individual.
Sorry for the word/brain dump but I too am trying to weigh out all the factors, open to more considerations!
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(Part 4)
Based on how GDP is calc'd, it may go up because consumers will have to spend more, company's will have to invest more in infrastructure, and our net imports may go down, having our exports weigh out the imports.
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(Part 3)
From a market perspective, I'm pretty sure the economy will do "better" numbers wise because we'll be forced to pay more for inelastic goods.
And to concretly touch on GDP, GDP is calculated using PCE + Domestic Investment + Government Expenses + (Exports-Imports).
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(Part 2)
Of course, prices will be higher. A cost will be passed onto consumers, corporate operations will be restructured, jobs will be cut, and a big shift of the world will take place. This + rolling back environment regs, the working man is probably f'd, with wage and wealth gaps widening.
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(Part 1)
Contentious as heck and tough to answer, for context I think these tariffs are an attempt to shift toward a pre-Woodrow Wilson economy, where government revenue was tariff-based instead of income-tax-based, which could generate more revenue BUT will come at a cost of the working class.
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Ah I was thinking of questions along the lines of like "What is an ETF" LOL but this works too!
Response threaded below!
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cant help but think about earthquakes and like...dirt like...falling
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super bullish start to December, hopefully JOLTs and Unemployment data doesn't hinder the run!