/r/wsb autists taking on a wallstreet hedgefund. Elon musk involved as always / wallstreetbets / gamestop - Gamergate 2: financial boogaloo

[Zbk3VmLfujjzjxBd43tL]

Look at detroit. When it got bad people would strip all the metal from sky scrapers. Who bought those metals? Scrap yards

Unfortunately, a lot of states require a license to sell scrap metal because methheads like to steal copper wiring out of air conditioning units or old buildings.

Also when people get less technologally inclined such technology is going get scrapped. No one going keep airplanes around if there is no one to fly them

Who do you think taught the Wright Brothers to fly? Not hard to learn to fly a plane when there's millions of people with licenses and training for it between all the commercial pilots, the military/ex-military, the people who fly helicopters for the police, people who fly planes/helicopters for business, people who fly because why not, etc.

 

[DeadFish]

Unfortunately, a lot of states require a license to sell scrap metal because methheads like to steal copper wiring out of air conditioning units or old buildings.

Who do you think taught the Wright Brothers to fly? Not hard to learn to fly a plane when there's millions of people with licenses and training for it between all the commercial pilots, the military/ex-military, the people who fly helicopters for the police, people who fly planes/helicopters for business, people who fly because why not, etc.

To enforce the law requires funding and giving a shit. Our woke masters would see stopping meth head from selling as racist.

As for writght brothers? That happened during a time when the belief in progress was alive and well. Not this decay we have today

 

[Gimmick Account]

I hate that prepping is cast as a nutty endeavour when it's mostly just a passive and pragmatic thing to have supplies so you don't die if the power goes out or you can't go to the supermarket for a month.
It's nice to be able to grab a self-heating ration if you're going on a hike or something too.

Look at detroit. When it got bad people would strip all the metal from sky scrapers. Who bought those metals? Scrap yards

Also when people get less technologally inclined such technology is going get scrapped. No one going keep airplanes around if there is no one to fly them

idk man do you wish you'd invested in Detroit businesses

Boring but real answer is to buy up everything that's useless in an apocalypse after it tanks and wait for a recovery like everyone that got rich off the great depression.

 

[Orange Rhymer]

Unfortunately, a lot of states require a license to sell scrap metal because methheads like to steal copper wiring out of air conditioning units or old buildings.

Who do you think taught the Wright Brothers to fly? Not hard to learn to fly a plane when there's millions of people with licenses and training for it between all the commercial pilots, the military/ex-military, the people who fly helicopters for the police, people who fly planes/helicopters for business, people who fly because why not, etc.

Didn't stop my licensed and authorized, local scrapyard from accepting 200 manhole covers and 50 gas-grill lids in 2009.
(they were busted, eventually)
No one cares about the 'wallet inspectors' when the world goes tits-up. Even when there is a burp, bureaucrats get BTFO'ed.

 

[DeadFish]

idk man do you wish you'd invested in Detroit businesses


Nope. I am assuming the world is going into an irreversible decline. Looking at places which suffered such a fate and guess how one can capitalize on it

 

[Jump]

Didn't stop my licensed and authorized, local scrapyard from accepting 200 manhole covers and 50 gas-grill lids in 2009.
(they were busted, eventually)
No one cares about the 'wallet inspectors' when the world goes tits-up. Even when there is a burp, bureaucrats get BTFO'ed.

My scrap yard writes down your license plate on your ticket when you go over the scale. Not much use if your truck isn't registered.
If you walk in (like homeless people do with their scrap in shopping carts) they scan your ID the 1st time and issue you a number. When you come back the 2nd time you just yell that number up to the scale house. You could just yell a random number to them and they wouldn't know.

Catalytic converter theft is big now. There have been delays going back to school after covid shutdown because bus yards are finding their buses and minivans where hit during the long downtime. They have been hit before for batteries also. Someone is buying all that stuff.

 

[KimCoppolaAficionado]

idk man do you wish you'd invested in Detroit businesses


Nope. I am assuming the world is going into an irreversible decline. Looking at places which suffered such a fate and guess how one can capitalize on it

No such thing short of a mass extinction event. Europe survived a 1/3 population die-off in the form of the Black Death. Proto-Meds managed to build back from the Bronze Age Collapse, which would have looked like the total collapse of every significant level of every government in North America over a period of ~50 years (this is the scenario I suspect you think will happen) in roughly 10 generations- at a time where only a few people knew how to read, writing was preserved on clay tablets, and almost all of the alphabets of the time were just outright lost due to said collapse. If you're 30 and your doomsday scenario of choice hits in the next 10 years, you'd probably be able to see a serious rebuild of culture if you manage to cling on to dotage.
If you want your doomer "everything is fucked forever" scenario, you'd better pray for total nuclear war that seals the fate of every multicellular life from currently developed.
Doomsaying is dumb and underestimates how tenacious the will to survival and striving towards civilization are.

 

[DeadFish]

As I said I am using detroit as a model of irreversible decline.

They don't have the resources to enforce laws concerning scrap.

The documentaries I've watched shown even decent people stripping buildings of resources to sell. Like copper.

I'm also predicting society will become less technologally inclined. Alot of machines won't be used any more due to a wide variety of reasons. Like cars. If oil supply runs out then no more gas. No more gas means no more need for cars. Which means they'll get scrapped.

No such thing short of a mass extinction event. Europe survived a 1/3 population die-off in the form of the Black Death. Proto-Meds managed to build back from the Bronze Age Collapse, which would have looked like the total collapse of every significant level of every government in North America over a period of ~50 years (this is the scenario I suspect you think will happen) in roughly 10 generations- at a time where only a few people knew how to read, writing was preserved on clay tablets, and almost all of the alphabets of the time were just outright lost due to said collapse. If you're 30 and your doomsday scenario of choice hits in the next 10 years, you'd probably be able to see a serious rebuild of culture if you manage to cling on to dotage.
If you want your doomer "everything is fucked forever" scenario, you'd better pray for total nuclear war that seals the fate of every multicellular life from currently developed.
Doomsaying is dumb and underestimates how tenacious the will to survival and striving towards civilization are.

The optimist you are!
No Im not saying society is fucked. I'm saying this one is changing into something simpler and less resource intensive

 

[ditto]

I'm also predicting

Been hearing variations on these predictions for generations, but they never come to pass.

 

[Zbk3VmLfujjzjxBd43tL]

If you want to prep, buy a still and have plenty of reserves of beer, wine, and especially hard liquor. Make friends with all the local hardasses. There, now you can open a bar and as long as you give the local thugs free/cheap booze you're 100% safe since no one fucks with the place the local gangs hang out at but it sure will get lots of business since everyone wants drugs or "security". Making it into a full-on restaurant is even better.

As I said I am using detroit as a model of irreversible decline.

At the end of the day, Detroit is still a functioning city. The gangs police whatever the Detroit Police aren't able to with brutal efficiency. People still get food and water and employment. You can send your kids to any public school in Detroit and theoretically (key word) they will learn everything they need to.

Detroit's many abandoned buildings create a lot of opportunity though. In addition to free housing (which denies the government and landlords of revenue which theoretically would be reinvested in the city and make Detroit a nicer place), they provide good places for crackdens and as you pointed out, are loaded with copper and other shit you can strip out and sell. There's also legal shit that goes on like how some of those buildings and the land they once sat on are used for urban farming.

I'm also predicting society will become less technologally inclined. Alot of machines won't be used any more due to a wide variety of reasons. Like cars. If oil supply runs out then no more gas. No more gas means no more need for cars. Which means they'll get scrapped.

It's not hard to build a durable car running on ethanol or shit like wood gas. Hell, you can convert your own car to run on vegetable oil (aka grease). And remember, the first car was invented in the 18th century so cars aren't high tech.

 

[DeadFish]

If you want to prep, buy a still and have plenty of reserves of beer, wine, and especially hard liquor. Make friends with all the local hardasses. There, now you can open a bar and as long as you give the local thugs free/cheap booze you're 100% safe since no one fucks with the place the local gangs hang out at but it sure will get lots of business since everyone wants drugs or "security". Making it into a full-on restaurant is even better.

At the end of the day, Detroit is still a functioning city. The gangs police whatever the Detroit Police aren't able to with brutal efficiency. People still get food and water and employment. You can send your kids to any public school in Detroit and theoretically (key word) they will learn everything they need to.

Detroit's many abandoned buildings create a lot of opportunity though. In addition to free housing (which denies the government and landlords of revenue which theoretically would be reinvested in the city and make Detroit a nicer place), they provide good places for crackdens and as you pointed out, are loaded with copper and other shit you can strip out and sell. There's also legal shit that goes on like how some of those buildings and the land they once sat on are used for urban farming.

It's not hard to build a durable car running on ethanol or shit like wood gas. Hell, you can convert your own car to run on vegetable oil (aka grease). And remember, the first car was invented in the 18th century so cars aren't high tech.

The debate is how to capitalize on irreversible decline. As this thread shows there are opposing perspectives on what could develop.

I'm saying what sectors will profit from cannibalizing sectors that don't come back when the decline bottoms out.

Detroit is one model. I'm sure other examples can be used to make a prediction

 

[Bosmadden]

It's not hard to build a durable car running on ethanol or shit like wood gas. Hell, you can convert your own car to run on vegetable oil (aka grease). And remember, the first car was invented in the 18th century so cars aren't high tech.

Get yourself something with a series 60 diesel. You can literally run it on cooking oil and diesel doesn't go bad unlike gas or alcohol.

Being from GM parts are insane cheap and widely available, and of course it's maybe the most reliable light truck engine ever produced.

If you prefer a gas burner a nineties Landcruiser.

The debate is how to capitalize on irreversible decline. As this thread shows there are opposing perspectives on what could develop.

I'm saying what sectors will profit from cannibalizing sectors that don't come back when the decline bottoms out.

Detroit is one model. I'm sure other examples can be used to make a prediction

I'm not really expecting a sudden collapse, more a slow motion descent into Mexico/Brazil but with worse weather. California is pretty much there already. It's not so bad, there are plenty places in Latin America that are really nice to live in. The same will be true here.

 

[FAQnews Correspondent]

If you want to prep, buy a still and have plenty of reserves of beer, wine, and especially hard liquor. Make friends with all the local hardasses. There, now you can open a bar and as long as you give the local thugs free/cheap booze you're 100% safe since no one fucks with the place the local gangs hang out at but it sure will get lots of business since everyone wants drugs or "security". Making it into a full-on restaurant is even better.

At the end of the day, Detroit is still a functioning city. The gangs police whatever the Detroit Police aren't able to with brutal efficiency. People still get food and water and employment. You can send your kids to any public school in Detroit and theoretically (key word) they will learn everything they need to.

Detroit's many abandoned buildings create a lot of opportunity though. In addition to free housing (which denies the government and landlords of revenue which theoretically would be reinvested in the city and make Detroit a nicer place), they provide good places for crackdens and as you pointed out, are loaded with copper and other shit you can strip out and sell. There's also legal shit that goes on like how some of those buildings and the land they once sat on are used for urban farming.

It's not hard to build a durable car running on ethanol or shit like wood gas. Hell, you can convert your own car to run on vegetable oil (aka grease). And remember, the first car was invented in the 18th century so cars aren't high tech.

I'm not really expecting a sudden collapse, more a slow motion descent into Mexico/Brazil but with worse weather. California is pretty much there already. It's not so bad, there are plenty places in Latin America that are really nice to live in. The same will be true here.

To further drive home you guys' point when it comes to keeping cars running, look at Cuba. The buildings are collapsing one by one, and their cars are 70 years old, but they manage to strap in tin cans and random bullshit to keep those things running. The 1950s Chevrolets are a frankenstein nightmare of 70 year old American parts, Soviet parts, and random salvage. Hell, they managed to have a tangled cable disaster to make their own online gaming intranet in certain cities. Crypto will still likely prove very helping in getting through this. Life will get worse, but technology will not regress.

The debate is how to capitalize on irreversible decline. As this thread shows there are opposing perspectives on what could develop.

I'm saying what sectors will profit from cannibalizing sectors that don't come back when the decline bottoms out.

Detroit is one model. I'm sure other examples can be used to make a prediction

That's what happened in Cuba with the sugar mills. With the start of communism, they kept the sugar mills running by cannibalizing machines and parts from functioning sugar mills to use them to repair broken down ones until none of them functions anymore, but that was all due to central planning. I unironically think a post-collapse would operate better than that.

 

[mold]

WSB made a thread where they post the endangered animals they are sponsoring with their GME gains

r/wallstreetbets - Fuzzy Wuzzy Animal Adoption Mega-thread

2,671 votes and 735 comments so far on Reddit

www.reddit.com

 

[Jarolleon]

To further drive home you guys' point when it comes to keeping cars running, look at Cuba. The buildings are collapsing one by one, and their cars are 70 years old, but they manage to strap in tin cans and random bullshit to keep those things running. The 1950s Chevrolets are a frankenstein nightmare of 70 year old American parts, Soviet parts, and random salvage. Hell, they managed to have a tangled cable disaster to make their own online gaming intranet in certain cities. Crypto will still likely prove very helping in getting through this. Life will get worse, but technology will not regress.


That's what happened in Cuba with the sugar mills. With the start of communism, they kept the sugar mills running by cannibalizing machines and parts from functioning sugar mills to use them to repair broken down ones until none of them functions anymore, but that was all due to central planning. I unironically think a post-collapse would operate better than that.

Was there an ideological element to the sugar mill thing, something along the lines of "Sugar is a bourgeious luxury comrade. It rots your teeth and makes you live to eat rather than eat to live. Let's sell the capitalists the rope to hang themselves for now, and phase the mills out in the long run" ? Or am I confusing commies with old-school Puritans?

 

[George Cuckzunian]

WSB made a thread where they post the endangered animals they are sponsoring with their GME gains

r/wallstreetbets - Fuzzy Wuzzy Animal Adoption Mega-thread

2,671 votes and 735 comments so far on Reddit

www.reddit.com

welp the rest of reddit has officially rubbed their gay on this

 

[AnOminous]

Was there an ideological element to the sugar mill thing, something along the lines of "Sugar is a bourgeious luxury comrade. It rots your teeth and makes you live to eat rather than eat to live. Let's sell the capitalists the rope to hang themselves for now, and phase the mills out in the long run" ? Or am I confusing commies with old-school Puritans?

This is endemic in all commie countries. For instance, Venezuela is currently in the process, or in the actual end phase, of doing this to their entire energy infrastructure. They're even ripping up literal oil pipelines for scrap, not even to keep other stuff working.

 

[FAQnews Correspondent]

Was there an ideological element to the sugar mill thing, something along the lines of "Sugar is a bourgeious luxury comrade. It rots your teeth and makes you live to eat rather than eat to live. Let's sell the capitalists the rope to hang themselves for now, and phase the mills out in the long run" ? Or am I confusing commies with old-school Puritans?

It wasn't an ideological thing, not directly. it was just that the system incentivizes this kind of behavior. Like @AnOminous said, it's endemic to this type of system, and each communist country will inevitably hollow out it's manufacturing capabilities to keep the commie gravy train running in the short term. Funny that Marx said that society has to go to a capitalistic phase to support the communist utopia, he wasn't exactly wrong there, but he was wrong about what comes after.

 

[Gimmick Account]

welp the rest of reddit has officially rubbed their gay on this

Nah it's a huge improvement for the whole front page of a reddit (and like three pagelengths beyond) to be nothing but exclusively monkey donation screencaps.

 

[Orange Rhymer]

If you want to prep, buy a still and have plenty of reserves of beer, wine, and especially hard liquor. Make friends with all the local hardasses. There, now you can open a bar and as long as you give the local thugs free/cheap booze you're 100% safe since no one fucks with the place the local gangs hang out at but it sure will get lots of business since everyone wants drugs or "security". Making it into a full-on restaurant is even better.

At the end of the day, Detroit is still a functioning city. The gangs police whatever the Detroit Police aren't able to with brutal efficiency. People still get food and water and employment. You can send your kids to any public school in Detroit and theoretically (key word) they will learn everything they need to.

Detroit's many abandoned buildings create a lot of opportunity though. In addition to free housing (which denies the government and landlords of revenue which theoretically would be reinvested in the city and make Detroit a nicer place), they provide good places for crackdens and as you pointed out, are loaded with copper and other shit you can strip out and sell. There's also legal shit that goes on like how some of those buildings and the land they once sat on are used for urban farming.

It's not hard to build a durable car running on ethanol or shit like wood gas. Hell, you can convert your own car to run on vegetable oil (aka grease). And remember, the first car was invented in the 18th century so cars aren't high tech.

Gangs are dumping bodies in those buildings. Murders are going unrecorded/unreported.
decline is a slow spiral.

Anyway. There are 'interesting' economic warning triggers that have recently gone off. I'm not predicting the end of the world, but I AM predicting a major market correction. Not like 2008, but yeah. There will be a huge drop. SOON.

Put me down for a massive drop in the stock market <8 weeks. I'm not a pussy. If, I'm wrong, I'm wrong. So what?