sp3ctr4l
joined 5 months ago
I'm sorry, people still have or use these things?
Who is this stupid or lazy?
'Boomers' as a term originated as, and is actually specific to American Baby Boomers.
The generation that lived through the most anomalous economic boom in US history, assumed that was actually normal, and consistently voted as a general block to ensure (among many other stupid things) that the climate would be destroyed for their grandchildren, children, and deliciously ironically, even themselves as they are now all set to retire....
... all when they had a disproportional amount of actual wealth, social power, thus ability to avert this, thus collective general responsibility for not doing so.
That is how any history books not written by Boomers will summarize this.
Boomer not want regulate oil company because then Boomer 401k go down.
Oh no!
Boomer vote for moron who make 401k go down anyway, Boomer house burn down / wash away in flood / hurricane.
Sad, indeterminate Boomer noises
Stalin would be proud, great work Krasnov!
Ok, so, fuck it, I'm Moodys now.
From now on I am downgrading the BLS Jobs Report Data Quality Rating from Baa- to Ca.
What a fucking joke.
Wish I could go with you.
Uh here, you're free.
Huh, apparently your uh, "cubicle", was right next to the bathrooms.
sigh
There's a way to fix this, but I really don't want to have to report to my SCP handler again...
Whatever, I'm sure its fine, you're free!
Yep.
I've been one.
Thats how I know what I am saying.
Like you're not even challenging what I'm saying really, you admit that most PMs are technically incompetent, because their job is mainly playing office politics.
It didn't used to be this way.
And it still doesn't have to be.
A good PM is someone who actually knows their relevant field, and can also do some office politics, but much more importantly, is a responsible and helpful team leader.
A person with only an MBA just has a degree in how to play office politics and gaslight people.
Translation:
Powell won't let me crash the bond market and cause hyperinflation (in comparison to foreign currencies, at the very least), and that makes me MAD!!!
Seriously, if Trump somehow gets his way and rates end up being cut down to 0-1%, the US will basically immediately see a whole bunch of failed bond auctions, and then the only 'solution' is hyperinflation.
24 hour news (cable and online) got into the habit of basically reporting on the monthly reports like they are gospel, when realistically they are only reliable around November or December. I think the Fed encourages it too because it's quietly one of the levers they can use to inspire foreign investment.
... and almost no one actually checks the revisions to those numbers later, because the ruling class isn't smart, they just have money, for whatever reason.
For the last 2 years, the BLS numbers have been so unreliable, so often revised by huge amounts, that they are just worthless, they're more bullshit than the US media spent the better part of 2 decades saying half the numbers coming out of China were/are.
Wait, this ... is news?
Oh right, I forgot we live in the MAGA cult clownworld timeline.
... and thus 'you' now 'are' stuck in it.