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birb_cromble


				

				

				
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joined 2024 September 01 16:16:53 UTC

				

User ID: 3236

birb_cromble


				
				
				

				
0 followers   follows 0 users   joined 2024 September 01 16:16:53 UTC

					

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User ID: 3236

It's been a choppy week for the markets, with the last five days seeing the S&P 500 decline by 3%, the NASDAQ 100 decline by 5.6%, and the DJIA decline by 1.4%.

Internationally, the KOSPI tripped its circuit breakers again, and has fallen 10.2% in the last five days. Japan isn't doing great either.

At the same time, all hell has broken loose in Paraguay due to a bank failure, which is probably unrelated.

Do you think we're looking at a meabingful correction here, or just some jitters?

That may legitimately be the best political ad I've seen since Christine O'Donnell had to publicly proclaim that she wasn't a witch.

I came in here looking for you, specifically. For the last few months, I've felt like I've been staring into an alternate reality whenever I post here. The modal response to most posts about the economy can be boiled down to:

  • The economy is great.
  • It's your fault you didn't invest $500,000 in the S&P 500 in 2008, after the crash.
  • You're stupid for not having a 20% down payment available for a house in 2011.
  • Only a barely sentient retard who fell for a Chinese psy op would have any reason to oppose data centers.
  • Only someone who is low-human-capital would suggest that CPI Inflation data is not capturing a useful snapshot of price pressure on the average American.

The zeitgeist here directly contradicted what I was hearing on the ground in the four states where I spend time. I put a lot of effort into figuring out if I was in a bubble, or if the people here were.

These election results are a stark reminder that motte posters are not a representative sample of the broader US population.

Spending is $2,113.15 less than the same day last year. I'm back on track.