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/biz/ - Business & Finance

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18475365 No.18475365 [Reply] [Original]

>most workers live paycheck to paycheck, and are 40,000 $ in debt
>Doctors are 500,000$ in debt from school and most never pay it off
>Most factories end up losing money
>Grocery Stores operate on super thin margins or actually lose money
>Amazon has never made a profit
>The US Government is 17 trillion in debt

does anyone actually make money in the real economy? I don't get it.

>> No.18475406
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18475406

>>18475365
nigger what?

>> No.18475476

>>18475365

I made 50k in 2 weeks and there's more to come, you faggots should've bought the dip when I told you to

>> No.18475530

>>18475365
Not really, most of the economy is fake and all the real jobs have been outsourced to third world slaves.

>> No.18475641

>>18475365
Faggot, we have been telling you for fucking years here on this board to buy Bitcoin, Precious Metals and Real Estate.
>What do you do?
Buy games, alcohol, party and designer clothes.

>> No.18475656

>>18475365
Are any of these things you're saying even true?

>Amazon has never made a profit
False.
>The US Government is 17 trillion in debt
False.

Not going to bother looking at the others.

>> No.18476307

>>18475365
i guess nobody really does. i studied cs and work as a developer in the field of healthcare in europe. it seems the only reason my boss and the company exist is to keep people busy. every year come new regulations and laws that require urgent actions and delaying real development. the productivity in european economies stagnates for decades. real innovation is shipped from other countries like usa, china, partial russia and then we circle jerk and wageslave around to fullfill regulatory demand.
the productivity stagnates, the fake demand is met, real demand can only be met by imports and most exports we do are some machines for producing stuff we'll import. globalisation was a mistake because we destroyed our productivity. take ffp3 masks for example. not a complex product, no super rare and fancy resources needed. but we struggle to produce them. europe instrustries are out of work, we have a high demand for a product with the complexity of a tampon and are unable to meet it. no wonder people freak out about toilet paper. they intiutively know about it.

>> No.18476336

>>18475365
Amazon actually became profitable in recent years. They ran at a loss for years to gain market share. Those cumulative losses are why their federal corporate tax liability has been 0.

>> No.18476433

>>18475365
>Amazon has never made a profit
Amazon has had net income for years now. It had $11.6 billion of net income in 2019.

>> No.18476498

>>18475365
I make 400k each year as a solo S Corp

>> No.18476521

>>18476498
nice dude keep balling

>> No.18476553
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18476553

>>18475365
US GOVT 24 trillion in debt
Get your facts right

>> No.18476555

>>18476307
It stagnates for 16 years. Not decades. A few years going into 2008, things were stagnant from the 2 cycles ago. The 2008 can was kicked in an experiment that resulted in zombie companies that outlasted their business models and new oligarchies that managed to grow and become efficient in those business models. Governments have reorganized to promote stasis through bureaucracy to prevent discomfort for people that have had up to 20 years (4-5 cycles) to buy them as an institution.

>> No.18476657

people jsut bitch and cry and complain about money, no matter how much they have. it's all bullshit.

>> No.18476826

>>18475365
Money isn't real.

>> No.18476921

>>18475530
This. OP is exaggerating a bit, but a substantial amount of our economic reality is an illusion. It's a system of control to keep the peasantry from revolting. All those call center jobs, all those paper shufflers and professional emailers, all those office drones, they're basically white person welfare. Blacks and other minorities get "free money" basically to sit on their stoops and rap, but white people have too much integrity or something so we invent a bunch of meaningless jobs that absolutely have no purpose and we give them to white people and ambitious black people and hand them out their welfare that way. At the end of the day the vast majority of the country are working the equivalent of the "security" job you give to your deadbeat relative because you feel bad for them, but it's better than them being on street or doing drugs.

>> No.18477005

>>18476555
in europe it's been stagnating for decades.

>> No.18477242

>>18475365
Doctor shop and build connections then sell pharmaceuticals on dark net markets. Then you'll make real money.

>> No.18477278

I had this exact thread in a dream like half a year ago.

>> No.18477596

>>18475365
I made money answering phones at Amazon. I am smug as fuck right now because I got hired in 2011 and have a health sum of stock ready to sell right now.

>> No.18477860

>>18475365

>most workers
We've reached critical mass where we have to decide if we enjoy the decline and bail out the masses because they've coomed themselves to a position where they can't last a month

>Doctors
The rich get richer in that field and those that know what's up with that market still willingly enter that field, it's a fuckery of cronyism and credentilism

>Most factories end up losing money
What does this mean? Yes, American manufacturing is rough when the Chinese have successfully subsidized their ability to export anything. It is on an upward path and IP protection probably matters more.

>Grocery stores operate on super thin margins
It's always been that game, the focus is on turnover among other strategies like 'just in time' supplies to reduce spoilage and shelf space square footage per product category

>Amazon has never made a profit
Cash flow, turn over, and AWS/FBA profit margin drivers

>US Gov debt
I mean we've printed our way out of shit before, it's all we have left for short term policy.

>> No.18477928

>>18477860

Ps OP if you're looking at the current President as the cause of these problems you've got blinders on. There is too much of a pass the buck mentality and a lack of any self discipline and accountability that results you in fuckers swimming in the ocean with nothing on and the tide pulled away on you

>> No.18477933

>>18476921
Dropping truthbombs out here lad

>> No.18477961

>>18477242
> sell on darknet markets
isn't it a meme someone can sell physical good there? they need to ship so in the long run the doctor is fucked, isn't he?

>> No.18478004

>>18476498
What do

>> No.18478025

>>18475476
im still buying the dip. oil has never un-dipped yet!

>> No.18478061

>>18477961
>he never bought drugs off silk road
kek. stupid normie

>> No.18478064

>>18476921
Well said

>> No.18478069

>>18476921
I'm a milfag. All the lower enlisted get paid to stretch out a single task across a week and post shitty tiktoks. All the senior enlisted do is send emails and try not to lose shit. The entire officer corps is just a batch of email pushers. None of this is real

>> No.18478114

money money money tiddies n ass, cracka ass niggas skin a nigga. ass and weed. nigga be

>> No.18478218

why don't the feds just print 24 trillion to pay off denbt

>> No.18478251

>>18478218
ikr nigga all these niggas fucking fear mongering in this ass we just gota the answers damn here in Washington street as fuckker just print that bread nigga fucking white cracking fear mongers in this hoe

>> No.18478278

>>18476307
this is one of the reasons i'm planning to move to the US, Europe just isn't an important player anymore, i feel like it's just the most broken economy imaginable just so they can prop up the pension system and feed all these old pensioners. europe's average age is absolutely through the roof, birth rates are non-existant, you have a north-south divide that STILL hasn't gone away (i'm greek so i know this very well)
it just doesn't seem like it's worth my time

>> No.18478331

>>18476921
True. I am the finance director for a medium sized city and we can go through these layoffs and be basically just as effective. Actually, if unions and public sector laws let me lay off old incompetent or disgruntled Boomers, I could cut staff and taxes 10-20% and make things work better.

I have a staff of 7 under me and honestly me and my one senior analyst could do it all if we had too. But I like off-loading easy shit so I can shitpost. Plus I am told by the Mayor not to do layoffs during good times so I just kept staffing where it was. I had one good intern two summers ago who did more than a bad hire I got saddled with has in the past 2.5 years.

>> No.18478368

>>18476498
That's a lot of dick sucking, anon. Nice work.

>> No.18478396

>>18478331
Side note, through my time in state, local, and federal management I have seen probably tens of millions in annual payroll spent to do clerical and basic analytical work that five people with work ethic and actual knowledge of Excel, SQL, and R could do on their own.

There is billions spent on Boomer admin positions a year. I get Zoomers with brand new finance degrees who not only can't model data on their own, but can't even do basic formulas in any analysis package and so can't do any real work.

>> No.18478450

>>18478396
do you use splunk

>> No.18478454

>>18478218
>>18478251
because the debt is public knowledge and everyone seeing the debt drop to $0 instantly would cause a panic. the dollar would collapse and hyperinflation would ensue.

>> No.18478506

>>18475365
Cocksuckers make real money. I know this one broad she sucks cock for $50 and gives HJ's for 20, she has no college debt and no home so no mortgage and her car is really old and paid for, so no debt at all (unlike doctors)
I know shes doing good too making close to 1K a week

>> No.18478611

>>18478454
yeah but the usa would be debt free and could just make a new currency, dolarydoo

>> No.18478892

>>18478278
if you stay in greece you'll probably have to learn chinese. the sell out of europe is on the way and will accelerate dramatically after the pandemic. i am glad i was able to visit your country a few times. it makes me sad it became bailoutisthan. they sacrificed greece to fill their pockets. now they sacrifice the rest of the herd. good luck overseas. if you have more than a phd in gender fluid dance therapy you'll make it, fren.

>> No.18479010

>>18478506
>no home
>doing good
Not sustainable

>> No.18479027

>>18476921
Wow you're right. This is why I come here because where else can you get this insight. The people doing the most meaningful work are mostly blue collar, construction laborers, plumbers, electricians, welders, farmers, people involved with delivery of goods, healthcare workers, engineers, mechanics, and factory workers among others. A lot of these areas have high automation and productivity thanks to technological gains. Much of it is also managed automatically with computers. But at the same time many jobs like you said are "filler" jobs. Also there is a lot of inefficiency with jobs that exist for no other reason than to patch a hole in the system. This creates a huge burden on the part of society that keeps everything going. Why couldn't we just clean the job space up by repurposing people in filler jobs to reinforce the meaningful jobs. Demand could go negative but work hours could be cut and productivity can go up. Especially with an aging population. I just think with all this manpower and technology we could be doing a lot more.

>> No.18480078

>>18479027
I think you need to go back

>> No.18480295

>>18478450
Mostly Excel just due to interoperability, but I got my good guys Stata licenses.

>> No.18480326

>>18480295
Lot of Access and Crystal Reports too. We have an ERP too

>> No.18480447

>>18475365
>Amazon has never made a profit
Amazone makes a profit every year, but then they pay Bezos his salary and break even.

>> No.18481123

>>18475365
>Amazon has never made profit
Yeah I guess those Amazon shareholders had to find a part time job to finally make some money

>> No.18481571

>>18479027
Because dumbfuck boomers don't want to be retrained to do other stuff (or can't).

Look at the Rust Belt bending over for Trump for the promise of more coal jobs and factory jobs. Due to technological gains we will never get manufacturing and coal fossil fuel jobs back but retards refuse to accept that so here we are.

>> No.18482531

Amazon not making profits stopped a few years ago. They just don't make that much profit compared to revenues.

They aren't a dividend stocks so they use every trick to reduce "profit," and tax liability.

Actually a good thing. Lots of other companies did retarded shit like debt funded dividends.

>> No.18483085

>>18475641
I got a job as a lawyer so I could buy property, alcohol, designer clothes, drugs and hookers.

>> No.18483143

>>18475365
The money lenders

>> No.18483249

>>18475365
daily reminder that socialism is the only way we all make it. you can believe anything else you want. buy all the capitalists lies about hard work and boot straps. but it's not gonna get you anywhere.

>> No.18483538

>>18483143
this is extremely anti-semitic i will see to it that the ADL hears about this goyim