the only people that really trust the police are ones that never actually had to deal with the police (which may be a whole lot of people). however, if you ever have an unfortunate situation to have a run in with the police, there is a good chance you will not be all that trusting any longer. people trust the idea of police more so than anything else
Well, true. But even so, having the history intact is also a way to remove suspicions from yourself.
"Where were you during the event X? I was very far from the place you are interested in, as can be proven by this photo, sent to my grandma, have a look at the history in her phone."
not sneakebots but competition coupled with failure of nike to modernize past airjordan brand. nike was riding hiding when you alternatives were reebok and new balance. now there are a lot more brands and they leave nike in the dust. my 13-year old athlete
- does not know who “jordan” is
- called me a boomer when I suggested to buy her nike shoes I liked for the upcoming season
not sure if you check lately but these are high paying jobs now, coffee baristas start at $18.00/hr and AI is cheaper in the long run (no insurance, sick days, pto…) - unless cost is $0.00 AI will replace it
Raw magnitudes are meaningless when discussing economics. Wages are still being outpaced by costs. There is no sense in which a barista is working a "high paying" job. At current rates it could well be the case that running AI to upkeep a functioning coffee shop ends up being significantly more expensive, even with no insurance, PTO, etc. Keep in mind most companies aren't exactly giving their workers generous policies in these regards in the first place.
You haven’t seen the bond market then. Look at what it’s doing. Ignorance is bliss until it isn’t. Interest rates will only keep going up for the foreseeable future, increasing the cost of all credit products, slowing the economy further along with rising oil prices.
> The combination of near-term energy-driven inflation and the long-term debt trajectory means that it will cost more to borrow money for the foreseeable future.
Not investing advice, but locking in long term debt at low interest rates would potentially be a good idea. I have, so US policy inflates it away over time.
“How Countries Go Broke: The Big Cycle” by Ray Dalio is a great book on this topic.
Broke isn’t failure, broke is expensive credit and an economy that tries to exist on expensive credit (comparitively). America has run on cheap credit for decades, and that is ending. It’s not like an Applebees and the doors are going to close tomorrow. The economy will slow down, it will keep getting more expensive to borrow against what cashflow, tax revenue, and wages can support, and those second order effects will be what slowly impairs the economy.
It is one thing to say economy will slow down, of course it will, we have ran a bull market for very long time that slowdown as well as serious correction is a given. It is entirely different thing to quote “How Countries Go Broke”
If you bet against America, you will always lose in the long run. In the short run, if you can time it (which no one can, that is why I have see “Dalio” warnings in my Apple News “front page” for 1/2 a decade now) you may score some points in the short run. In the long run, you will always lose, period
> If you bet against America, you will always lose in the long run. In the short run, if you can time it (which no one can, that is why I have see “Dalio” warnings in my Apple News “front page” for 1/2 a decade now) you may score some points in the short run. In the long run, you will always lose, period
You are betting on history and hope, not data. Past performance is no guarantee of future results. How you justify your investment thesis is up to you.
The most sound finacial advice for all Americans has always been “buy S&P 500 and forget about it” for 200 years. There have been a lot bigger things then “5% bond yield” (see like 1920’s) :) It’ll all be fine cause it always is in the long run. Dooms-dayerism is good for clickbaits, not otherwise
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