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On why large corporations should not exist

6thElement

Schrodinger's Immigrant
Jul 29, 2008
17,507
15,030
I don't even know what setting it is, but somehow my Edge Chromium is blocking ads without any extension installed to do so...
 

jimmydean

The Official Meat of Ridemonkey
Sep 10, 2001
43,458
15,641
Portland, OR

jimmydean

The Official Meat of Ridemonkey
Sep 10, 2001
43,458
15,641
Portland, OR

jimmydean

The Official Meat of Ridemonkey
Sep 10, 2001
43,458
15,641
Portland, OR

Changleen

Paranoid Member
Jan 9, 2004
14,883
2,850
Pōneke
I’m going to treat this as the ‘economy’ thread.

Ran across this today:

Including this great quote:

“As the Financial Times asked yesterday, ‘Whatever happened to the wisdom of the bond market?’
While FX trades like an ADHD toddler who just ingested a 2-litre bottle of soda and a box of hard
candy, and equities like a love-struck teenager who thinks a happy ending always looms, bonds
are supposed to trade like a boring professor with a pipe. Yet due to algos, the 1987-2020
Greenspan of market time, and the post-2008 ego-trip where, like ugly politicians, bonds were
surrounded by adoring crowds for the first time, now rates markets are all “RATE CUTS!”

In pandering to that, the Fed have arguably helped transmogrify the US from industrialised, with a
vast middle class, vast open land, vast strategic strength, low public debt, and a low cost of living
to financialised, with a shrunken middle class, unaffordable housing, fading strategic strength,
high public debt, and a high cost of living.”
 

DaveW

Space Monkey
Jul 2, 2001
11,706
3,191
The bunker at parliament
Health insurance is such a scam.

 
Health insurance is such a scam.

Pretty much all insurance is a scam.
 

Inclag

Turbo Monkey
Sep 9, 2001
2,779
462
MA
Health insurance is such a scam.

Uninsured cost for office visit to see a GI, was ~$135. Cost to my insurance was damn near ~$700 and with me covering about $450.... That's whack