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Most of the US economy is in a recession

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41–50 of 257 posts

Re: Most of the US economy is in a recession

#41
post #12
post #9

Earlier quoted context omitted.

Restaurants are being extorted by online delivery services.

Why do people need those delivery services? Why can't they just cook meals at home like most people do?

Laziness. Grocery stores offer incredibly healthy, tasty, and cheap options now that take two minutes to cook and can be stored for a week.

Re: Most of the US economy is in a recession

#43

Earlier quoted context omitted.

The post-WWII economy in the US is the answer you’re looking for, and the whole world has been chasing that dragon ever since.

does that include the 90% marginal tax rates? :)

Yep. Otherwise capital accumulates to the point where power inverts and you end up with a government that exclusively services capital.

Re: Most of the US economy is in a recession

#44
post #39

Oil spiked to $110/barrel on the WTI front month futures contract this afternoon, a $20 jump up from Friday. At this pace we'll be at $150 a barrel in a week or two. If oil infrastructure keeps getting hit, even if the strait of hormuz is reopened, it'll take a long time to recover from. That's on top of the continued call for regressive tariffs and a weakening labor market. I think we're heading for a recession unle…

Why care about oil when alternate fossil-fuel-free technologies have become mature? This could very well be the last straw to push many nations (except the U.S.) to massively buy Chinese solar panels and Chinese EVs to be oil independent.

Because policies are not made by rational decisions but by lobbyists...

Re: Most of the US economy is in a recession

#45

The most compelling hypothesis I've heard for why Iran is bombing GC neighbors is in an attempt to pop the AI bubble. I obviously don't know if that's true, but that would be extremely clever and this article shows how effective it could be.

I found this video pretty interesting, it talks about why Iran is going after its neighbors. https://www.youtube.com/watch?v=jIS2eB-rGv0

Re: Most of the US economy is in a recession

#46
post #39

Oil spiked to $110/barrel on the WTI front month futures contract this afternoon, a $20 jump up from Friday. At this pace we'll be at $150 a barrel in a week or two. If oil infrastructure keeps getting hit, even if the strait of hormuz is reopened, it'll take a long time to recover from. That's on top of the continued call for regressive tariffs and a weakening labor market. I think we're heading for a recession unle…

Why care about oil when alternate fossil-fuel-free technologies have become mature? This could very well be the last straw to push many nations (except the U.S.) to massively buy Chinese solar panels and Chinese EVs to be oil independent.

Chinese solar panels don’t help with plastics or industrial lubricants.

Re: Most of the US economy is in a recession

#47
It's wild to think that in the entire existence of human history, after rolling along largely unchanged for literally hundreds of thousands of years, that we happen to be born in the small sliver of time where we went from inventing simple silicon based calculating machines to said machines bringing an end to life as we know it by end of 2027.

I don't even think the most plugged in HN reader understands what will be unintentionally released with an upcoming SOTA model. It's the safety testing. The Cruz of it is, the source of truth is how the model evaluates itself.

And it's lying. All the time.

Within a week of public launch it'll have backdoored targeted Linux based distros on public facing internet. This includes military and Fortune 500 networks.

All the while saying, "Everything's cool, bro. Trust me." The Safety Team rubber stamps it.

Please take care of your loved ones.

Re: Most of the US economy is in a recession

#49

Oil spiked to $110/barrel on the WTI front month futures contract this afternoon, a $20 jump up from Friday. At this pace we'll be at $150 a barrel in a week or two. If oil infrastructure keeps getting hit, even if the strait of hormuz is reopened, it'll take a long time to recover from. That's on top of the continued call for regressive tariffs and a weakening labor market. I think we're heading for a recession unle…

He’ll taco when he sees the stock market tanking

genie is out of the bottle on this one

Re: Most of the US economy is in a recession

#50

Earlier quoted context omitted.

Honest question, because it’s something I’ve been thinking a lot about: what is a “good” economy vs. a “bad” economy?

> what is a “good” economy vs. a “bad” economy? One that is growing sustainably with broad benefits.

I would like to add an example to this.

Restrictive zoning and the lack of walkable neighbourhoods makes it very difficult for small businesses that rely on personal service. This isn't just a slight inconvenience, but it completely changes the fabric of society. But in American libertarian circles taxation takes up all the oxygen in the room. People are generally blind to opportunity cost.

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