• Hyphlosion@lemm.ee
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    58 minutes ago

    You didn’t think they actually spent ten thousand dollars for a hammer and thirty thousand for a toilet seat, did you?

  • Guns0rWeD13@lemmy.world
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    1 hour ago

    i think we should plan the revolution as a hypothetical. lay the blueprints out online for everyone to see. it’s as easy as “if i were going to do X, i would begin by X. if a lot of us did X together then…”

    revolution by committee with full transparency. when the plan involves millions of people acting in unison, there’s not a whole lot you can do about it, even if you know what’s coming.

  • normalexit@lemmy.world
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    9 hours ago

    With far fewer irs agents, they can’t effectively audit tax cheats.

    We are funding the complete destruction of Palestine.

    Golf is expensive.

    He’s been sued 220 times for the 100 days he has been in office. Lawyers are really expensive. (Well unless you blackmail them.)

    • Echo Dot@feddit.uk
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      7 hours ago

      My ex is a lawyer, I know stuff I could blackmail her with, nothing bad just personal stuff that you’d not be happy being public. I wouldn’t dare try it, even if I was inclined too.

      Blackmail is illegal regardless if what you’re after. At the very least I’d lose my job.

      You can’t really blackmail lawyers unless they are actually corrupt. Never mind, they’re his lawyers, of course they are.

  • IninewCrow@lemmy.ca
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    12 hours ago

    Trickle down economics

    For the past 50 years they’ve tried to give the wealthy some money but no matter how much they gave the rich, only a little trickled down to the poor

    So they’ve decided to just turn on the money fire hose and shower the rich with all the money they can get their hands on … it’s a literal avalanche of money and hopefully this will trickle down and get some more money to the poor.

    For every million they send to a rich person, ten bucks goes to a street person … so we need to spend billions, trillions of dollars on these rich people in order to get enough money to people in need.

    • rayyy@lemmy.world
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      2 hours ago

      Trickle down economics

      A sound bit to fool the common clay rubes - fools them over, and over, and over. Rinse and repeat.

    • Susurrus@lemm.ee
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      8 hours ago

      If you got 10 bucks for every million towards billionaires you’d actually be a millionaire. The ratio was more like a cent for every million.

      • huppakee@lemm.ee
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        5 hours ago

        I think they mean $999,990 goes to person A and $10 goes to person B.

        If you want to create one (1) millionaire that way you would need to spend $999,000,000,000. Imagine how that would look with 1 cent to every million.

        Are the two of you even talking about the same data? Maybe you spread the $10 over 1,000 people to get to that number of $0,01.

  • DogPeePoo@lemm.ee
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    12 hours ago

    Tesla sales WAYYYY down… missed earnings on EPS and revenue… somehow the stock goes up?

    • 1984@lemmy.today
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      7 hours ago

      The entire market goes up at the moment, because there are technical signs that we have reached the bottom. I was telling people to buy a week ago but of course they told me we are going to die and we are heading towards a recession.

      I dont think so guys. Big money is buying right now.

      • frostysauce@lemmy.world
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        1 hour ago

        I got paid at midnight and after paying bills this morning I have about 73 dollars in my account. Which stocks should I buy?

      • Wanpieserino@lemm.ee
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        1 hour ago

        I told my buddies to buy. They did not. I started investing in stocks at 30 march and was 6k euros deep before the crash. Went all in because 2/3rd of the time doing lump sum beats DCA. So during a crash, it’s likely to be a really good choice.

        ATM I have 8,47% total profit on 22,3k euros investment in STOXX 600 etf. This thing has 0,07% TER and I do not even pay taxes on the dividends within my own country. Only at the initial source. My country has no capital gains tax and it’s an accumulating ETF.

        I’m quite amused by Trump’s shenanigans causing hysteria.

        • 1984@lemmy.today
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          31 minutes ago

          Sadly we are in the minority and people think they should wait until stocks become expensive again, and then buy. I dont know, something is wrong with how people think about stocks.

          • Wanpieserino@lemm.ee
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            15 minutes ago

            Buy stocks in uncertain times and gold in certain times. Seems pretty logical to me.

        • 1984@lemmy.today
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          2 hours ago

          Ok. Well, at least look back at this post in a few days and learn something.

          You can actually just look at premarket right now, with microsoft and meta looking like 10% gain on market open, and the entire market going up.

          I dont know why people dont care about this. Its pretty nice to have money. So learning the basics about this should be essential.

            • 1984@lemmy.today
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              2 hours ago

              Billionaries time the market. They dont sit idle and watch their money go down. They move them around to other assets, or sit with lots of cash, like buffet did this time around.

              Thats why its going up today, because big money were sitting and waiting for a sign to buy. This is it.

              • frezik@midwest.social
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                1 hour ago

                They do because they can do two things that you and I do not:

                • High frequency trading on servers that can process new information and use it before anyone else on the market can. These servers are located as close as possible to the trading exchanges, because the extra milliseconds from speed of light travel will make a difference.
                • Trump personally telling them when he’s about to make a big policy change

                For the rest of us, timing the market is dumb. I’ll even say that you might be right about today. You might not be right about tomorrow, or the next. The sum of those moves may even be profitable overall, but not enough to beat someone who stuck with the sp500 with transaction costs taken into account.

                • 1984@lemmy.today
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                  28 minutes ago

                  Well yeah, I agree about insider info, thats a big reason too. But buying when stocks are low price? Its the same idea as buying groceries when they are on discount. Anyone can do that.

                  Maybe it goes down some more, but long term its always good to buy when its cheap. Everyone who bought in previous downturns for the last few decades made a lot of money if they didnt sell.

  • chemical_cutthroat@lemmy.world
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    11 hours ago

    Goddamnit, I hate this shit. Its simple, folks. You have to spend money to make money. That’s how the saying goes, and that’s how the world works. When my car insurance goes up despite my flawless driving record, I don’t ask them to explain where the money is going, I just pay my fucking bills. When my rent gets increased despite the house I’m in literally falling apart around me, I don’t ask why they don’t send repair people, I just pay my goddamned rent. You all act so entitled, like there is some great value that is to be derived from your work. You’re a fucking slob just like everyone else, and you are lucky that the companies trust you enough to do business with you in the first place. Hell, I’d pay double just to get a meaty black uncut cock in the ass and I’d be thankful for the privilege. I mean, I’d pay them a lot of money for that. Even if it was just one time. Just once, and I would sing their praises. Just, sing. Fuck you, anyway. Fucking slobs. Stop wasting your time posting about this shit online and get back to work.

  • untakenusername@sh.itjust.works
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    12 hours ago

    And there goes the national debt…TO THE MOON 📈📈📈

    yeah some of the billionaires money isn’t even real, the government just gives it to them without having it in the first place

    • WanderingThoughts@europe.pub
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      8 hours ago

      But because of the belligerent attitude other countries stopped buying US debt, at a time where debt is exploding and up for renewable. Something is going to break.

    • adarza@lemmy.ca
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      11 hours ago

      any global conflicts currently? nope.

      any actual national emergencies currently? nope.

      any international catastrophes recently? nope.

      republicunt in the white house? yup.

      ding. ding. we have a winner. to the fucking moon the debt shall go.

    • NatakuNox@lemmy.world
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      8 hours ago

      And the only real stipulations is the oppression of your workers and bending the knee to those more money than you.