[spdrun]

Holy shitballs! Stocks retraced yesterday’s losses.

Cool. More empty subdivisions to sell off when Great Recession II hits.

Looks like Tech Bubble 2.0 is deflating. The Great Unprofitable, Uber, just announced a hiring freeze…

https://www.businessinsider.com/uber-hiring-freeze-engineering-us-canada-through-year-2019-8

Yield curve still inverted. Well over a quarter now.

[spdrun]

Do I detect a slight tinge of sarcasm there?

[spdrun]

Then that’s only 15,000 answers per 10,000 people, not 20,000 🙂 Maybe that’s better.

[spdrun]

Actually, the peanut butter test isn’t about odor forgetfulness; it’s about being able to smell it equally through both nostrils.

Anyway, if you asked 10,000 different US residents what “being an American” stood for, you’d likely get 20,000 different answers.

[spdrun]

Because ideas that work everywhere else in the world, like cheap/free public postsecondary education, infrastructure spending vs military waste, and universal (or nearly so) healthcare are too good for Americans. LOL!

McCain was a warmongering little prick. Not mourning him either.

[spdrun]

Treatment is good, but not all users are a problem. Drug treatment should be available, but recreational use should also not be criminalized.

And what about his idea of cordoning off parts of US cities, kicking down doors, and searching house-to-house. Is that acceptable or Constitutional in your book?

[spdrun]

Ross Perot wasn’t a social liberal. He said he’d cordon off sections of cities and search house-to-house for drugs, then give everyone in possession long sentences (even for marijuana). He wanted to increase police’s ability to do warrantless searches and wiretaps. He claimed to not want to hire drinkers.

He was moderately authoritarian socially even for his time. Thankfully, he didn’t win, and I’m certainly not mourning him.

[spdrun]

^^^

Wouldn’t the solution be to get yourself fired? It’s not quitting if you come to work every day with a bad case of diarrhea and soiled pants. If they try to collect the money, sue them under disability laws 😀

[spdrun]

1999 was followed by 2000 … I’ll settle for 1999 indeed.

This market runup is odd — people are claiming that it’s based on the Fed planning to cut rates at end of July, but the 10y bond actually fell over the week. (Rate went from under 2% to ~2.12%)

Why a rotation out of bonds?

[spdrun]

Temeculaguy: you seem bitter. Come to NYC, Boston, SF, or DC, plenty of people use public transit, and it could use improvement in the US. Not as many people bike to work in the US as in (say) Amsterdam, but it doesn’t mean that nobody rides.

If by “soyboys” you mean weaklings, who’s the weakling? The person who mostly walks, bikes, or takes transit to work, or the person who sits in a comfy car for 2.5 hours a day while munching on a supersize happy meal?

[spdrun]

Hobie: quiet, fast, cars are awesome — they don’t attract neighbors’ or cops’ ire as much.

[spdrun]

The more interesting thing is tracking housing prices vs inflation. They’ve normally tracked inflation pretty well nationally (recession or not), but they’ve detached from inflation both in 2001 to 2008 and in 2012 to 2019.

[spdrun]

Were they? Or did blue-collar alienation and rage about being left out of the global economy bring us Trump and Brexit?

[spdrun]

No, neither cell phone nor wifi. Thankfully — we don’t need more people yipyapping in the trains.

[spdrun]

I don’t drive and don’t have data on the subway except in stations.

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