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re: The shite is about to hit the fan, isn't it?

Posted on 5/13/21 at 12:24 am to
Posted by BPTiger
Atlanta
Member since Oct 2011
6053 posts
Posted on 5/13/21 at 12:24 am to
My POV as a low level finance guy:

The gas thing isn’t an issue. It’ll be corrected within a week or two as it truly is not a supply issue.

Inflation is my main concern and it is complicated by the supply chain disruption which acts as a multiplier.

Some inflation numbers will come out tomorrow and then monthly (obviously) afterwards. The supply chain issue will peak toward the end of this year. If inflation doesn’t go too wild by the end of the year we’ll return to a “regular” cycle. If inflation starts going wild the fed will have to at least say something that spooks the market and potentially do something which will be the equivalent of tossing the anchor on the economy.
Posted by Big Scrub TX
Member since Dec 2013
38521 posts
Posted on 5/13/21 at 12:51 am to
quote:

Limited gas means no shipping of products and higher prices.
Sorry your dystopia-porn fantasy didn't even make it out of the chute. Better luck next time.
This post was edited on 5/13/21 at 12:54 am
Posted by Captain Crackysack
Member since Oct 2017
2231 posts
Posted on 5/13/21 at 12:52 am to
quote:

You forgot to mention that transportation on the Mississippi River is now halted. Feds are going to have to step in on this. I don't see how Tennessee alone has the authority to halt all river traffic?
it’s halted on one mile of the river because they don’t want a bridge to fall and kill some poor schmucks working on a tugboat. And the coast guard controls river traffic, not Tennessee
Posted by ChunkyLover54
Member since Apr 2015
6636 posts
Posted on 5/13/21 at 1:40 am to
Distinct possibility
Posted by stelly1025
Lafayette
Member since May 2012
9901 posts
Posted on 5/13/21 at 2:11 am to
I have been saying market crash by the end of summer or early fall and I stand by it. Start growing vegetables and store can goods and stock your freezer.
Posted by Little Trump
Florida
Member since Nov 2017
5817 posts
Posted on 5/13/21 at 2:18 am to
It’s criminal how we never hear how bad it is when our world crumbles around us under a democrat in charge

Media is complicit and should be charged with crimes against humanity
Posted by hotwater
Member since May 2021
16 posts
Posted on 5/13/21 at 3:51 am to
We can't stand alone against the

..
MONSTER.
By
STEPPENWOLF. 1969
Posted by DreauxB2015
Member since Nov 2015
7912 posts
Posted on 5/13/21 at 4:15 am to
I feel this gas shortage is an orchestrated distraction from the fraud being uncovered in Maricopa County. The timing of it is no coincidence.
This post was edited on 5/13/21 at 4:32 am
Posted by skinny domino
sebr
Member since Feb 2007
14503 posts
Posted on 5/13/21 at 4:43 am to
quote:


The shite is about to hit the fan, isn't it?
Posted by BeNotDeceivedGal6_7
Member since May 2019
7439 posts
Posted on 5/13/21 at 5:39 am to
quote:

The shite is about to hit the fan, isn't it?


Yes. Yes it is.

It's time to understand that Jesus is the only way out. This story was written long ago, my friend.

Posted by ApexTiger
cary nc
Member since Oct 2003
56187 posts
Posted on 5/13/21 at 5:44 am to
quote:

Housing and construction market looks (again) to be a weak point.


Demand is at all time high...

Lumber and engineering products are in crisis mode from the Demand...

But construction is a strong position in this economy...


Will it change? It will have to with lumber pricing up 300%
Posted by Jorts R Us
Member since Aug 2013
16904 posts
Posted on 5/13/21 at 5:50 am to
quote:

And Bezos and Gates talking divorce so they can unload stocks via the Enron loophole.


Someone doesn't know what the Enron loophole was.
Posted by Moe Betta
Baton Rouge
Member since Sep 2019
381 posts
Posted on 5/13/21 at 6:12 am to
18 Days to the start of Hurricane Season - I think we might actually get to see what real weather modification wars looks like - hope not!
Posted by Jorts R Us
Member since Aug 2013
16904 posts
Posted on 5/13/21 at 6:13 am to
quote:

Look up Lou Pai of Enron. He got a divorce a few months prior to their collapse. Divorce settlement required him to sell off about $250M. He was the only exec that was allowed to keep the money from selloffs prior to Enron's demise.


Wait? You think that was some sort of scheming by Pai that Bezos and Gates are now trying to duplicate?

I guess all the players were REALLY committed including the stripper Pai knocked up and the PI his wife hired to deduce his real net worth (more or less what forced him to self off) before filing for divorce.

None of this, by the way, is referred to as the "Enron loophole."
This post was edited on 5/13/21 at 6:14 am
Posted by RCDfan1950
United States
Member since Feb 2007
38801 posts
Posted on 5/13/21 at 6:23 am to
quote:

STEPPENWOLF


Hmm, hot...had forgotten that Name. Wrecked me back when; which was a good thing.

I guess the Books are still somewhere on the dusty shelves; might dig em' out just to read how they play on today's culture. Or rather my mind.

Posted by CU_Tigers4life
Georgia
Member since Aug 2013
9245 posts
Posted on 5/13/21 at 6:27 am to
quote:

The shite is about to hit the fan, isn't it?



Like This?

Posted by OccamsStubble
Member since Aug 2019
9065 posts
Posted on 5/13/21 at 6:29 am to
quote:

The great thing about leftists, is that their incompetence always shines through via their actions. I’m enjoying watching the retards on the left hat post here try to defend the oligarchy.


There is no consequential incompetence without a functioning media
Posted by PJinAtl
Atlanta
Member since Nov 2007
14058 posts
Posted on 5/13/21 at 6:34 am to
quote:

The pipeline is back in action.
IF shortages occur it will be due to a lack of workers. Too many people staying on UE because they are making more not to work, than they will make working.
I'm curious to see how long it takes the gas situation to actually correct.

They were saying this morning that the Atlanta area actually has a good supply of gas in storage tanks, but the shortage of truck drivers is what was keeping it from getting to the stations.

Even with the pipeline back flowing, if you can't get the product to the stations, it is going to continue to be an issue.
Posted by Jorts R Us
Member since Aug 2013
16904 posts
Posted on 5/13/21 at 8:26 am to
quote:

Enron loophole.


What is this


The Enron loophole had to do with energy derivatives trading. It had nothing to do with insider trading nor did it have any bearing on Lou Pai's "good fortune."

It's beyond silly to draw a comparison between Pai and Bezos. Pai got lucky because it's pretty hard to pin insider trading charges on someone when they get can point to a divorce settlement as the catalyst for a major sell off in their stock holdings.

Here's the difference: Pai actually sold off his Enron shares and settled with his wife in cash. Most of Mackenzie Bezos' wealth is tied up in Amazon shares, meaning there was no prior sell-off. Jeff Bezos still holds a whole lot of Amazon stock. Wouldn't do much good to point to a divorce to defend yourself against insider trading charges if you didn't actually...sell off. If they were trying to use the Lou Pai "scheme" as alleged by the poster, they did a very poor job of it.

Do yourself a favor and don't take things at face value from posters on here.
This post was edited on 5/13/21 at 8:33 am
Posted by Kracka
Lafayette, Louisiana
Member since Aug 2004
42128 posts
Posted on 5/13/21 at 8:31 am to
quote:

They’ll still blame it all on Trump.


That's what every administration does. Blames it on the predecessor. What this administration needs to do is blame everything on covid. But they won't, because Covid is their friend.
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