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Cake day: July 4th, 2023

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  • KevonLooney@lemm.eetoLemmy Shitpost@lemmy.worldHorror Sign
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    4 months ago

    No, you will not “have to do it”. Either they can afford to pay a qualified person to do it, or they can’t. If they can’t afford a more expensive person, they definitely can’t afford to fire you. You are the cheap one.

    Think about it: if they put themselves in this situation, they are going to end up cleaning it themselves. “Need money for rent and food”? If you have a crappy minimum wage job, you have the power. Literally no one above you wants to do your work. You can definitely tell them “no”. Do you think there’s some shortage of crappy minimum wage jobs?




  • I think in one sense it can be good. Sometimes it is counterproductive to downvote someone from 1 to 0. I think this would prevent that, as the first downvote is probably the most important one.

    But I agree that making any data public will allow everyone to be categorized easily. “This person dislikes this content and likes other content.”

    Remember, you are giving this info to everyone. Mark Zuckerberg will be able to see what you like and dislike in all public votes.







  • You are using big words to try to sound smart, without understanding the specific details of the situation. There’s more than one group of “rich people” trading in the early market. Some are buying and others are selling. They are just moving money back and forth within the same “class” (as you understand it).

    The other guy is wrong because in a situation like this there are very few buyers in the early market. He focuses only on the “rich” buyers and ignores the larger group of “rich” sellers trying to get rid of their shares. It’s much more likely that most “rich” sellers waited until the market opened because they didn’t want to sell while it was thinly traded.

    So if you care about “classes”, the “rich” generally lost money because the company they already own went down in value. Maybe a few people bought at the bottom and sold when it went higher, but that was neither a large percent of “rich” investors nor a guaranteed return.

    I’m explaining it to you because the other comment has a low level understanding of the specifics, while you admit you don’t understand. It’s more dangerous to think you understand something than to know your limits. I can trade in early / late markets but don’t because they have no one else there. The market has few other participants and that makes it too choppy.


  • Why would you think “rich people made money”? They already hold the shares and would be trying to sell. It would be impossible to sell any large amount of shares after hours directly after a huge negative issue. If you could sell (say $1 million worth), it would be at a much lower price.

    That’s probably why the price dropped. The market doesn’t actually react to news, it reacts to investors buying and selling. If the price went down that means people with lots of shares are trying to get out.







  • Noah is a Babylonian “deluge myth”. Judaism didn’t even exist until 1,000 years later:

    It tells of how Enki, speaking through a reed wall,[v] warns the hero Atra-Hasis (‘extremely wise’) of Enlil’s plan to destroy mankind by flood, telling the hero to dismantle his house (perhaps to provide a construction site) and build a boat to escape

    https://en.wikipedia.org/wiki/Atra-Hasis

    The worship of Yahweh alone began at the earliest with prophet Elijah in the 9th century BCE

    https://en.wikipedia.org/wiki/Yahwism

    This means that originally the flood was caused by one god and mankind was saved by another. That’s a better explanation than “God was angry but bipolar, so he saved one family and killed everyone else.”



  • You think that high interest rates keep real estate prices high? That’s the opposite of what happens with high interest rates. People can’t afford to pay as much when interest rates are high (like they are now).

    I’m judging solely based on your comments. You are using big words incorrectly. You clearly don’t understand what you’re talking about if you think high interest rates keep real estate prices high. Also, your description of Japan’s economic problems are disjointed and confused, not correct.


  • It’s not a “failed model”. Japan has issues because banks committed fraud and disguised non-performing loans. There are strict rules in the US about when assets must be “marked to market”. Plus the US has a growing population because we let in immigrants, which supports a growing economy. We are not close to having problems like Japan.

    There are also many levers the Federal Reserve can pull to keep banks in check. As I said, they can raise and lower the reserve requirement and raise and lower the overnight lending rate. This can prevent banks from going nuts with lending, but obviously can’t prevent all asset bubbles. Sometimes people are just irrational.

    Frankly you seem to be using a bunch of big words and implying that they make a point. Using “ex nihilo” instead of “from nowhere” clinched it for me. Also, you spelled “keiretsu” wrong.