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

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

$2 is basically what Door Dash pays me for the run. However, I've seen people order $40 worth of food and not tip a penny.

And Rover, I'm a white trans girl. While I am considering buying a gun, French Rage is right. Showing up with an automatic and grenades means I'm marked a terrorist.
 
Re: Business, Economics, and Taxes: Capitalism. Yay? >=(

MissThundercat said:
$2 is basically what Door Dash pays me for the run. However, I've seen people order $40 worth of food and not tip a penny.

And Rover, I'm a white trans girl. While I am considering buying a gun, French Rage is right. Showing up with an automatic and grenades means I'm marked a terrorist.
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Only brown people can be terrorists.

Seeing a transwoman with a rifle may make their head explode. They won't know whether to hate you because you're trans or like you because you have a gun.
 
Re: Business, Economics, and Taxes: Capitalism. Yay? >=(

Got an email from a brewery I'm a member at (for those that know me, no not THAT one, the other one ;) )

They offer curbside only now, can't even step into the taproom. They've said they've gone from 200~ crowlers/week (25oz can) to over 2000 crowlers/week. They have basically turned the whole brewery into a manufacturing floor. That's some good news. Granted, I'm sure it's still a downturn in business, but a good sign that they will survive this.
 
The Rube said:
Got an email from a brewery I'm a member at (for those that know me, no not THAT one, the other one ;) )

They offer curbside only now, can't even step into the taproom. They've said they've gone from 200~ crowlers/week (25oz can) to over 2000 crowlers/week. They have basically turned the whole brewery into a manufacturing floor. That's some good news. Granted, I'm sure it's still a downturn in business, but a good sign that they will survive this.
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We made a run to Pulpit Rock and Toppling Goliath in Decorah today. It was pretty quiet for. Friday. No one else was in Toppling parking lot waiting for them to bring our purchases out. Pulpit had maybe three cars in the drive through line.
 
Re: Business, Economics, and Taxes: Capitalism. Yay? >=(

SJHovey said:
We made a run to Pulpit Rock and Toppling Goliath in Decorah today. It was pretty quiet for. Friday. No one else was in Toppling parking lot waiting for them to bring our purchases out. Pulpit had maybe three cars in the drive through line.
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Wait until May. They just had their Assassin Lotto (I didn't win :( ). There should be a somewhat steady stream of cars, at least on weekends.

The main brewery I go to has had a steady stream. Most are delivering now, where they didn't before. Keeps employees on the payroll, and keeps customers happy.
 
Re: Business, Economics, and Taxes: Capitalism. Yay? >=(

Perspective. Brace yourself.

<img src="https://fivethirtyeight.com/wp-content/uploads/2020/04/paine-UNEMPLOYMENT-CLAIMS-0416.png?w=1024" height=300>
 
Re: Business, Economics, and Taxes: Capitalism. Yay? >=(

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">Massively important - all countries should do likewise <a href="https://t.co/jiLPUNnD3L">https://t.co/jiLPUNnD3L</a></p>— Simon Kuper (@KuperSimon) <a href="https://twitter.com/KuperSimon/status/1251882079010394112?ref_src=twsrc%5Etfw">April 19, 2020</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 
Re: Business, Economics, and Taxes: Capitalism. Yay? >=(

Deutsche Gopher Fan said:
<blockquote class="twitter-tweet"><p lang="en" dir="ltr">Massively important - all countries should do likewise <a href="https://t.co/jiLPUNnD3L">https://t.co/jiLPUNnD3L</a></p>— Simon Kuper (@KuperSimon) <a href="https://twitter.com/KuperSimon/status/1251882079010394112?ref_src=twsrc%5Etfw">April 19, 2020</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
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Yes, please. It's all they understand.
 
Kepler said:
So the energy companies will pressure Dump to reopen. What could go wrong?
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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.
 
Re: Business, Economics, and Taxes: Capitalism. Yay? >=(

aparch said:
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.
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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.
 
Rover said:
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.
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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.
 
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.
 
Spartanforlife4 said:
Talk about understating things. It’s below $5.00!!!
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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.
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