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Business, Economics, and Taxes: Eat Cereal for Dinner

I want them to touch the stove with their whole face.

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https://gizmodo.com/elon-musk-says-...s-on-x-after-it-disagreed-with-him-2000566212

Elon Musk is not happy with Community Notes, the crowdsourced fact-checking program that adds notes to correct misinformation on his social media platform X. And the billionaire says he’s now going to “fix” Community Notes so that it agrees with him, claiming without evidence that it’s being manipulated by governments and the media.


“Unfortunately, @CommunityNotes is increasingly being gamed by governments & legacy media. Working to fix this,” Musk tweeted Thursday.
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Guys I'm starting to think he's not actually all about free speech.
 
Handyman said:
Not agreat morning on the markets...all 3 indexes down over 1%. Dow down 600 points and NASDAQ is down over 300.
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This is about as clear an indicator as any where the markets think this is heading. The green sectors are as important as the red.
 

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This is odd, I never knew firing 10% of highly paid professionals from their federal govt careers while simultaneously taking direct actions to deliberately increase inflation, AND having a secondary impact of increasing expected future inflationary food pressures because the people that are being fired were working on various grain crops to keep future crop prices low as the environment’s changing could be seen as a negative by stock market investors. Weird.
 
St. Clown said:
This is odd, I never knew firing 10% of highly paid professionals from their federal govt careers while simultaneously taking direct actions to deliberately increase inflation, AND having a secondary impact of increasing expected future inflationary food pressures because the people that are being fired were working on various grain crops to keep future crop prices low as the environment’s changing could be seen as a negative by stock market investors. Weird.
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That is odd.
 
aparch said:
bsky.app

Carl Quintanilla (@carlquintanilla.bsky.social)

BESPOKE: “On a 12-month average basis, .. Housing Starts have completely rolled over from their peak .. “.. Recessions have always followed a rollover in Housing Starts, and the only question is timing.” 🇺🇸
bsky.app bsky.app
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Trump mistook "Great Depression" as something kickass and wants to be responsible for "The greatest depression anyone has ever seen!".
 
I think a lot of people are burying their heads in the sand about the impending economic disaster. I mentioned to a coworker that I wanted to change shifts to one that would be more reliable for hours and was hit with a very perplexed “why?” I then mentioned the possibility of layoffs and was hit with a “oh that’ll never happen, things won’t get that bad!”

And mind you, this person is not a Dump supporter. The Dump supporters are straight up huffing copium.
 
Oh there is a lot of "its not really that bad" going on out there because as of now it really hasn't hit. Hell even all of the federal layoffs and freezes havent really started to domino effect yet. By the time the April Jobs report hits though things will likely be in a full on recessive swing.
 
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