Global Depression 2022 - Time to do the Breadline Boogaloo!

[Kujo Jotaro]

You are so right, daddy government should outlaw it already so every payment has to go through the global financial system and Paypal. Lest someone transfer money without their blessing.
That is already "Chud" free too, since those guys (including the farms) got their accounts cancelled for wrongthink. But Kiwifarms is a murder nazi killer website anyways.
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Maybe listening to E-Celebrities is a bad idea when it comes to topics more complex than video games.
That may be exactly what a "lemming" would do. Adapt the buzzwords and opinions of clickbaiting NPC youtubers.

The best part about this chudtastic response is that I wasn't even looking to bait anyone, I just posted it for the lols, and yet you bit so hard you attempted to shame me by posting Josh's panhandling addresses. What's even more hilarious is that you don't even address the subject matter in my post, I never advocated for the banning of crypto, I was laughing at the idiots who are so wrapped up in avarice that they don't recognize the fraud all around them.

If what you espouse is what you really believe then you shouldn't much care if bitcoin is $ 0.01 or $ 100,000. Functionally it's the same either way, and you could send Jersh or anyone else you like any reasonable sum of money without issue. That's not why you care about bitcoin or crypto though is it? You want to get rich, and in your fits of greed you feel the need to justify your goals with specious logic; ironically you couldn't even take your thought's to their logical end because you just regurgitate E-celeb opinions.

People have been saying exactly what you're saying for the last 12 years. If I hadn't listened to them and just gone with my gut I would have been a multi-millionaire by now.

No you wouldn't have.
You would've sold too early
You would've held too long
You would've lost your keys
You would've over leveraged and lost it all
You would've lent it out on defi only to lose it in a scam
You would've left it on an exchange that imploded

Or any other myriad of other events would've happened, but suffice to say you would not be rich.

Now that I think about it this would be the perfect time to put your money where your mouth is, if you really believe in this stuff wait until its hit whatever arbitrary level you deem the bottom, and start buying in.

 

[not william stenchever]

Lasers Can "Hack" Self-Driving LiDAR Sensors, Creating False "Blind Spots", New Study Reveals | ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

Tesla bros, I don't feel so good! Although if you shine a laser to a drivers eye you'd get the same effect.

At least it's not as simple as just using a laser pointer. The researchers had to use a lidar emitter to send properly formatted false data to one of the sensors, and everything was stationary.

Edit: I picked the wrong quote at first.

 

[Ewan McGregor]

Can the U.K. bond market just hurry up and collapse already?

The UK Government doesn't know what it's doing, but the BoE surely does. That's the only reason why there is prolonged agony without the sweet, sweet embrace of death.

 

[NoReturn]

Lasers Can "Hack" Self-Driving LiDAR Sensors, Creating False "Blind Spots", New Study Reveals | ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

Tesla bros, I don't feel so good! Although if you shine a laser to a drivers eye you'd get the same effect.

At least it's not as simple as just using a laser pointer. The researchers had to use a lidar emitter to send properly formatted false data to one of the sensors, and everything was stationary.

Edit: I picked the wrong quote at first.

Poor robits are living in a Scanner Sombre/LIDAR.exe reality.

 

[AMER1KKK4N P88TRIQT]

I was thinking and it wQuld be based if the gQvernment bailed Qut multinatiQnal cQrpQratiQns and encQuraged them tQ pursue further shrinkflatiQn sQ prices wQuld seem unchanged while we wQuld still finance gQvernment cQntracts. If yQu think abQut it, a few decades Qf further incQme stagnatiQn and gradually wQrse cQmmQdities wQuld be better than what Sleepy JQe is prQbably thinking Qf. (The DEMONcrats are the real racists after all).

AlsQ RaytheQn is literally financing the defence Qf Qur demQcracies wQrldwide.
WithQut the fat, Jewish, crippled, autistic, retarded, biracial, amQrphQus blQbs Qf cQlQr Qf the LGBTQQIP2SAA+ / BIQTBQC+ / MQGAI+ there wQuld nQt be a free wQrld.

 

[Darkholme's Dungeon]

Poor robits are living in a Scanner Sombre/LIDAR.exe reality.

Ironically that game was a major flop

 

[Meat Target]

Has nobody mentioned the tailspin of layoffs that is now in motion?

 

[Ron Jeremy Stan Account]

Has nobody mentioned the tailspin of layoffs that is now in motion?

Definitely. People are jerking themselves off over the prospect of Twitter apparently crashing and burning due to the Based Tesla Merchant's hyper autism, but the other day I accidentally saw a few minutes of CNBC and noticed doom and gloom stories of layoffs from big companies. Disney was first, then Meta/Facebook, and now I'm hearing of Amazon allegedly laying of 10,000 employees.

 

[Ancient Pioneer]

Has nobody mentioned the tailspin of layoffs that is now in motion?

Its largely confined to the white collar job scene, with an emphasis on Silicon Valley. The blue collar is already lean because it suffered its culling back in 2020 during the lockdowns, nobody knows how this recession is going to play out, the layoffs could be concerning, or they could just be the sector shedding bloat to remain healthy as the era of free money has ended.

 

[Smoke Manmuscle]

Definitely. People are jerking themselves off over Twitter apparently crashing and burning due to the Based Tesla Merchant's hyper autism, but the other day I accidentally saw a few minutes of CNBC and noticed doom and gloom stories of layoffs from big companies. Disney was first, then Meta/Facebook, and now I'm hearing of Amazon allegedly laying of 10,000 employees.

I heard that too. I had also head it’s all white collar. The bigger thing I’m hearing is multiple Amazon distribution warehouses that were built in the past year but never opened.

Its largely confined to the white collar job scene, with an emphasis on Silicon Valley. The blue collar is already lean because it suffered its culling back in 2020 during the lockdowns, nobody knows how this recession is going to play out, the layoffs could be concerning, or they could just be the sector shedding bloat to remain healthy as the era of free money has ended.

This looks to be both. Blue collar job shedding is also easier to hide as they tend to have a higher turnover rate. My company has been shedding white collar management jobs by simply not replacing them as the position opens up. They just reorganize who you report to.

 

[AbendCode12]

People had been speculating that the Tech companies were waiting until the election to start dropping employees. Seems to me that is what is happening.

Layoffs.fyi - Tech Layoff Tracker and Startup Layoff Lists

[LIVE] Tracking all tech startup layoffs — and lists of employees laid off — since COVID-19. This page is constantly being updated.

layoffs.fyi

Layoffs.fyi Tracker​

789 tech companies w/ layoffs ∙ 121413 employees laid off ∙ In 2022Since COVID-19
[LIVE] I’ve been tracking all tech layoffs since COVID-19. Data is compiled from public reports. Let me know if you see anything missing!

https://twitter.com/debarghya_das/status/1592214346289274880

Tech Layoff Meta - 11k (13%)
Twitter - 3.7k (50%)
Intel - 20% Snap - 20%
Netflix - 450
Robinhood - 30%
Stripe, Lyft - 13%
Salesforce - 2k
Amazon - 10k

 

[FatalTater]

I don't know if this is the best thread for this, but I've had several shitty restaurant and shopping experiences in the recent past to the point that I don't bother with restaurants anymore at all, full stop.

Now a youtuber that I watch, Appalachia's Homestead with Patara, has has a bad experience with Kroger and Cracker Barrel. Warning, the Tennessee accent is in full force on that channel.

Can we get the Karens of the world to go back to going after shop managers/owners for poorly run things instead of hassling innocent folks about masks and toilet paper?
Shitty experiences are bringing everyone down and it can't be chalked up to just supply lines and quarantines.

 

[Darkholme's Dungeon]

Nickel Jumps As Tesla-Backed Miner Sparks Supply Fears | ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

Nickel prices jumped Tuesday on the news of production setbacks at the troubled Goro nickel mine, which has one of the world's largest deposits and is partially owned by Trafigura Group and backed by Tesla Motors, reported Bloomberg.

Goro is located in the South Pacific island French territory of New Caledonia. The mine has been forced to curtail production following a leak from its tailings dam -- an earth-fill embankment dam used to store byproducts after separating the ore from mining waste.
A spokesperson from owner Prony Resources said the Goro Mine reported a "limited release of salt-laden liquid" following torrential rains in August. Corrective measures required by local authorities reveal nickel output would be reduced in the fourth quarter.

The nickel market has seen wild price swings in the last two sessions following reports of an explosion at a nickel factory in Indonesia on Monday, which sent prices skyrocketing 15%, though prices retreated after the owner of the operation denied reports.

Prices on the London Metal Exchange jumped as high as 7.5% to $31k per ton on Tuesday, hitting the highest level since May.
Nickel prices trading on the LME have seen increased volatility. In March, the LME halted trading for a week after prices soared 250% in two sessions.
Brazilian miner Vale SA previously owned Goro. It was sold last year to Prony -- a group comprising Trafigura, Agio Global, and the New Caledonian government.
The good news is that "minimum quantities required by our customer contracts will be met, and we expect to be at full capacity again shortly," Prony said.
Global supply tightness for the battery-critical making metal comes as electric-vehicle demand soars. This will undoubtedly keep the costs of EVs out of reach for the average person.

Tesla bros I don't feel so good again!
First the LIDAR exploit with lazers lol, then this.

 

[FatalTater]

I heard from someone in Indianapolis that the cars in line to get to one of the charity food pantries is so long it's interfering with normal traffic in the area.
Thanksgiving is still a week away.

 

[AbendCode12]

I heard from someone in Indianapolis that the cars in line to get to one of the charity food pantries is so long it's interfering with normal traffic in the area.
Thanksgiving is still a week away.

People from Indy can stand to loose some weight, IYKWIMAITYD

 

[NoReturn]

I don't know if this is the best thread for this, but I've had several shitty restaurant and shopping experiences in the recent past to the point that I don't bother with restaurants anymore at all, full stop.

Now a youtuber that I watch, Appalachia's Homestead with Patara, has has a bad experience with Kroger and Cracker Barrel. Warning, the Tennessee accent is in full force on that channel.

Can we get the Karens of the world to go back to going after shop managers/owners for poorly run things instead of hassling innocent folks about masks and toilet paper?
Shitty experiences are bringing everyone down and it can't be chalked up to just supply lines and quarantines.

It's gone from "A Karen is someone who complains about something stupid" to "A Karen is someone who complains" and a lot of people are now scared to complain at all because they don't want to be seen as "Karen"s.

 

[Nate Higgers]

The blue collar is already lean because it suffered its culling back in 2020 during the lockdowns

Anecdotally: the business had a booming spring thru midsummer and the layoffs came around the middle/end of summer as things started to get a little lean. There’s plenty of work to get us through the winter but the biz isn’t gonna close down anytime soon (inshallah).

The tech layoffs are definitely interesting in the greater context of the “I work at a tech company making $95,000/yr to post company tiktok videos and make tweets on the corporate account” industry that’s mostly backed by ungodly amounts of VC money. But it’s not like society is going to collapse if some boxwine-and-xanax-addicted 30 year old childless women stop working those jobs that provide “spicy” corporate TikTok videos and twitter posts.

 

[Aqua Panda]

Tech was severely overvalued as a whole.

6+ figures with massive perks like free meals and full service laundry just isn't sustainable.

I work in tech and I very intentionally sought out a public sector job the last few years because I knew the bubble was going to pop and pop hard. You don't make a ton of money, but you have enough to be comfortable + FAR better job security.

The worrying shit is that this is only the beginning. Other industries are seeing nasty layoffs and hiring freezes right now. We haven't really seen that to this level since the 2008 crisis.

2023 is looking downright scary.

 

[Darkholme's Dungeon]

Other industries are seeing nasty layoffs and hiring freezes

Agriculture is still hiring. We still need bodies to harvest all the food (Esp fruit and veggies). Nobody wants to work these jobs though....

 

[anustart76]

Agriculture is still hiring. We still need bodies to harvest all the food (Esp fruit and veggies). Nobody wants to work these jobs though....

That's what illegals are for