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Everything posted by PleaseBlitz
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The yield curve references the bond market. The stock market(s) took their cue from that. And I've read this blog before, it's good. He also states right up front that things are slowing down; his point is don't panic over one indicator. I'm not saying anyone should panic over that one indicator either, I said quote "Last week, the yield curve inverted, which is generally seen as a sign that a recession is coming." Which, generally, it is.
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The other side of that coin is that it is very profitable to take the contrary view (on whatever the issue de jure is). Hot takes = clicks and clicks = money. The markets, however, don't lie. In any event, the first paragraph of your link states: "There are reasons to be concerned. The global economy is slowing. The US economy has slowed. Current policy (especially on trade) is a drag on growth. "
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⬇️This is a big important topic, and it shouldn't all be shunted into the Trump thread, because there is nothing he or anybody else can do to stop it and it's not all about politics anyways. The next recession is coming because that's how economic cycles work. Let's try to keep the politics in this thread to a minimum. If you want to post about how Trump is exacerbating recession fears through his stupid trade wars, please put that in the Trump thread. If you want to post about how Trump will singlehandedly prevent a recession from happening, please put that in the Trump thread. If you want to post about how a recession will impact an election, please put that in appropriate election thread. There have been minor warning signs for over a year that the next recession was getting ready to rear its ugly head. Last week, the yield curve inverted, which is generally seen as a sign that a recession is coming. The stock market went ballistic. https://www.washingtonpost.com/business/2019/08/14/recession-watch-what-is-an-inverted-yield-curve-why-does-it-matter/ In response, the Dow Jones fell by 800 points that day, which is 3% of its total value. It's lost close to 7% between July 30 and Aug 14, but is now creeping back up. In this article, Buzzfeed hilariously tries to explain what a recession is to Generation Zers. https://www.buzzfeednews.com/article/venessawong/how-to-prepare-for-a-recession?ref=bfnsplash. Here is a representative sample of how it goes:
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NYMAG: Who is QAnon? The Storm Conspiracy, Explained
PleaseBlitz replied to No Excuses's topic in The Tailgate
Yea, I always love it when outlets report "their Facebook page has 2 million RSVPs." Yea, no ****, it's a lot easier to click one button than to drive to the middle of nowhere, Nevada. That said, people that believe in crazy **** are usually SUPER INTO THAT CRAZY ****, so much so that they let it ruin all of their interpersonal relationships with sane people and generally allows them to structure their life to be able to pick up and leave for Nevada if they want to. If military security had to rough up a dozen or so QAnon supporters, and I can't believe I have to ask this question, who's side do we think Trump would take? -
The Washington Nationals Thread: The Future is Near!
PleaseBlitz replied to Riggo#44's topic in The Tailgate
If this ****ing game gets postponed I am going to be difficult to be around. -
NYMAG: Who is QAnon? The Storm Conspiracy, Explained
PleaseBlitz replied to No Excuses's topic in The Tailgate
You are too late, my friend. https://www.usatoday.com/story/news/2019/08/20/storm-area-51-event-pushes-rural-nevada-county-declare-emergency/2065065001/ The question is how to monetize it. -
The Washington Nationals Thread: The Future is Near!
PleaseBlitz replied to Riggo#44's topic in The Tailgate
LOL, Scherzday. Not even a serious debate to me. -
Even if the advice is good, I'd lose my job for giving it away for free. Of course, my goal would be to give extremely bad advice that sounds reasonable; and also convince you to film the resulting carnage.
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The Washington Nationals Thread: The Future is Near!
PleaseBlitz replied to Riggo#44's topic in The Tailgate
Eaton having a game. -
Strongly considering stating a thread titled "The Ask a Non-Mechanic Thread" were, basically, people ask the same questions as in this thread and I give them terrible advice on what they should do. The PO420 code sounds like the issue has to do with smoking weed. I think it's telling you to go get super high and stop ****ing worrying about your acceleration issues.
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Eerily reminiscent of Trump saying that "Second Amendment people" could "do something" about Hillary if she were elected President.
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The Washington Nationals Thread: The Future is Near!
PleaseBlitz replied to Riggo#44's topic in The Tailgate
My main issue with this post is that there is no need to qualify "games" with "regular season" in August and you are talking about the Redskins. -
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The Washington Nationals Thread: The Future is Near!
PleaseBlitz replied to Riggo#44's topic in The Tailgate
INDUSTRIAL STRENGTH RUN PRODUCTION!!!!! HOOK IT UP TO MY VEINS!! -
The Parenting Thread II - Advice, Tips, Etc
PleaseBlitz replied to PleaseBlitz's topic in The Tailgate
I am pretty ****ing thrilled to be wrong about this one. My firm's director of HR just stopped by to ask my opinion on expanding our paternity leave from 4 weeks to TEN weeks. Given that we are expecting kiddo #2 in February, I'm pretty happy about it. I think I'll send a gift basket to the Jones Day litigants. -
@TK I will watch that when I'm sober. Thanks for posting.
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https://twitter.com/daveweigel/status/1162009188828164103?s=21
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[Extraordinarily inappropriate comment deleted]
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The Parenting Thread II - Advice, Tips, Etc
PleaseBlitz replied to PleaseBlitz's topic in The Tailgate
If that’s the case, then I agree with you. If the first email was “change this policy or I sue” that is not why anti retaliation laws exist. I also have a hunch that this will make parental leave policies in Big Law worse, not better, in most cases. -
The Parenting Thread II - Advice, Tips, Etc
PleaseBlitz replied to PleaseBlitz's topic in The Tailgate
Married ex-Supreme Court clerks allege legal giant Jones Day discriminates against men in parental leave https://www.washingtonpost.com/local/legal-issues/married-ex-supreme-court-clerks-allege-legal-giant-jones-day-discriminates-against-men-in-parental-leave/2019/08/15/f888d9c8-bed2-11e9-9b73-fd3c65ef8f9c_story.html I mean, I'm sort of torn on the merits of their case, but you should pretty much expect to be fired if you "sent an email demanding equal treatment and threatening to bring a class-action lawsuit" against your employer, a colossal law firm. At that point you aren't being fired over the substance of the request, you are being fired for being an asshole who hasn't figured out how to deal with other humans. -
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Charlottesville guy didn't even get the death penalty, so no, we probably shouldn't shoot him, that would be murder.
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The Washington Nationals Thread: The Future is Near!
PleaseBlitz replied to Riggo#44's topic in The Tailgate
Max insisted on having the batters he faced have walk-up music during a freaking simulated game because he is clinically addicted to routine. If someone suggested he have an opener and come in the game in the 4th, he'd kill everyone in that room. Edit: And I'd support that course of action.