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Business, Economics, and Taxes: Capitalism. Yay? >=(

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  • Re: Business, Economics, and Taxes: Capitalism. Yay? >=(

    Perspective. Brace yourself.

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    • Re: Business, Economics, and Taxes: Capitalism. Yay? >=(

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      • Re: Business, Economics, and Taxes: Capitalism. Yay? >=(

        Originally posted by Deutsche Gopher Fan View Post
        Yes, please. It's all they understand.
        Cornell University
        National Champion 1967, 1970
        ECAC Champion 1967, 1968, 1969, 1970, 1973, 1980, 1986, 1996, 1997, 2003, 2005, 2010
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        • Re: Business, Economics, and Taxes: Capitalism. Yay? >=(

          Originally posted by Kepler View Post
          Yes, please. It's all they understand.
          Thirded.
          Never really developed a taste for tequila. Kind of hard to understand how you make a drink out of something that sharp, inhospitable. Now, bourbon is easy to understand.
          Tastes like a warm summer day. -Raylan Givens

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          • Re: Business, Economics, and Taxes: Capitalism. Yay? >=(

            Comedian Vic Dibitetto has a NSFW rant against the banks and Government. And makes some good points.
            “Demolish the bridges behind you… then there is no choice but to build again.”

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            • Re: Business, Economics, and Taxes: Capitalism. Yay? >=(

              Oil is tanking right now.

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              • Re: Business, Economics, and Taxes: Capitalism. Yay? >=(

                Originally posted by FadeToBlack&Gold View Post
                Oil is tanking right now.
                So the energy companies will pressure Dump to reopen. What could go wrong?
                Cornell University
                National Champion 1967, 1970
                ECAC Champion 1967, 1968, 1969, 1970, 1973, 1980, 1986, 1996, 1997, 2003, 2005, 2010
                Ivy League Champion 1966, 1967, 1968, 1969, 1970, 1971, 1972, 1973, 1977, 1978, 1983, 1984, 1985, 1996, 1997, 2002, 2003, 2004, 2005, 2012, 2014, 2018, 2019, 2020

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                • Originally posted by Kepler View Post
                  So the energy companies will pressure Dump to reopen. What could go wrong?
                  The problem is even if every state agreed with Trump and said "We're open, go at it!" employers aren't going to immediately re-hire everyone, employers aren't going to make everyone return to the office. This is going to drag on.


                  CNBC just said oil could trade negative. They would be paying people to take it.

                  Tankers are floating at sea with no ports to dock at currently, acting as giant storage tanks.
                  “Demolish the bridges behind you… then there is no choice but to build again.”

                  Live Radio from 100.3

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                  • Re: Business, Economics, and Taxes: Capitalism. Yay? >=(

                    Originally posted by aparch View Post
                    The problem is even if every state agreed with Trump and said "We're open, go at it!" employers aren't going to immediately re-hire everyone, employers aren't going to make everyone return to the office. This is going to drag on.

                    Its also going to take some time for consumers to come out and start shopping again. For example I'd have no problem going to the beach during the week as I could avoid the crowds but going to Fenway or something where you're packed in? No thanks - at least not until a vaccine is developed. Restaurants also need to reconfigure so you're not sitting on top of each other, which means less capacity and less revenue.
                    Legally drunk???? If its "legal", what's the ------- problem?!? - George Carlin

                    Ever notice how everybody who drives slower than you is an idiot, and everybody who drives faster is a maniac? - George Carlin

                    "I've never seen so much reason and bullsh*t contained in ONE MAN."

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                    • Originally posted by Rover View Post
                      Its also going to take some time for consumers to come out and start shopping again. For example I'd have no problem going to the beach during the week as I could avoid the crowds but going to Fenway or something where you're packed in? No thanks - at least not until a vaccine is developed. Restaurants also need to reconfigure so you're not sitting on top of each other, which means less capacity and less revenue.
                      Exactly.

                      And I'm right there with you, I'm going to be cautious before resuming "normal" activities. I'd love to go sit in an ice arena this summer watching the end of the 2020 season, or even this fall for the start of the new season... but my couch and avoiding large groups is more important.
                      “Demolish the bridges behind you… then there is no choice but to build again.”

                      Live Radio from 100.3

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                      • Originally posted by FadeToBlack&Gold View Post
                        Oil is tanking right now.
                        Talk about understating things. It’s below $5.00!!!
                        Go Green! Go White! Go State!

                        1966, 1986, 2007

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                        • Re: Business, Economics, and Taxes: Capitalism. Yay? >=(

                          A lot of people though, the poorer and those working menial jobs, won't have any options to avoid the virus though. Boss says get back to work, they have little choice in the matter.

                          Probably all part of "the plan" as well.
                          What kind of cheese are you planning to put on top?

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                          • Originally posted by Spartanforlife4 View Post
                            Talk about understating things. It’s below $5.00!!!
                            CME says it could go negative.

                            What is dropping so low is the contract for May. The contract expires tomorrow. The contract for June is dropping as well, but it's not this low.

                            For the record:
                            Crude Oil futures are standardized, exchange-traded contracts in which the contract buyer agrees to take delivery, from the seller, a specific quantity of crude oil (eg. 1000 barrels) at a predetermined price on a future delivery date.
                            “Demolish the bridges behind you… then there is no choice but to build again.”

                            Live Radio from 100.3

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                            • Re: Business, Economics, and Taxes: Capitalism. Yay? >=(

                              Oil contract for May is now at $1.45.
                              “Demolish the bridges behind you… then there is no choice but to build again.”

                              Live Radio from 100.3

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                              • Originally posted by aparch View Post
                                Oil contract for May is now at $1.45.
                                Went down to $1.25 for a second.

                                Now $1.12.
                                Go Green! Go White! Go State!

                                1966, 1986, 2007

                                Go Tigers, Go Packers, Go Red Wings, Go Pistons

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