THIS HAS NEVER HAPPENED IN HISTORY

[Anonymous No.18576649]

DO YOU REALIZE THAT?
THERE HAS NEVER BEEN A CONCEPT OF FUTURE ASSETS GOING NEGATIVE. NEVER IN HISTORY. YOU ARE LIVING IN HISTORY

THIS IS GOING TO CRASH THE ECONOMY, EXIT ALL MARKETS.

think about this, this opens of pandoras box, how do you price this now????? 0-(-5)? do you realize how big of a deal this is? this is going to fuck everything up forever.

[Anonymous No.18576669]

>>18576649
fucking clown world

[Anonymous No.18576696]

very nice

[Anonymous No.18576767]

What does the future hold?

[Anonymous No.18576813]

>>18576649
we short june next or?

[Anonymous No.18576830]

>>18576649
>THIS IS GOING TO CRASH THE ECONOMY
yes. finally

[Anonymous No.18576845]

>>18576649
Is link the comfiest hold in the history of the world?

[Anonymous No.18576861]

China's going to buy it all up and we're going to war. Screencap this shit

[Anonymous No.18576907]

>>18576649
Fully liquid baby

[Anonymous No.18576922]

>>18576649
Quick nuke Saudi Arabia that'll fix it. Don't forget to drop one on Israel for good measure.

[Anonymous No.18576971]

>>18576649
It's fine. Jerome muthafuckin Powell will just print oil storage containers. Boom, problem solved.

[Anonymous No.18577048]

>>18576861
capped because i also believe something akin to this could happen

[Anonymous No.18577060]

This is what happens when you trade non-existent items with imaginary money

[Anonymous No.18577130]

>>18576861
That would be so retarded. Capped.

[Anonymous No.18577197]

>>18576649
It’s called contango newfag, look it up

[Anonymous No.18577878]

>>18577060
BASED.

[Anonymous No.18577955]

>>18576649
all out war against china?

[Anonymous No.18579517]

declassify 9/11.
invade saudi arabia.
problem solved.

[Anonymous No.18579730]

>>18576649
relax goy
its just a couple of bots and coked up paranoid brokers :)

[Anonymous No.18579945]

>>18576649
>YOU ARE LIVING IN HISTORY
wtf

[Anonymous No.18580629]

>>18579517
Israel did 911

[Anonymous No.18580912]

>>18580629
Porque no los dos? The house of Saud is actually jewish

[Anonymous No.18580939]

>>18579517
>>18576649
trust the plan

[Anonymous No.18580990]

>>18576649
https://m.youtube.com/watch?v=7nFbKzt-uwE

[Anonymous No.18581078]

>>18576649

... economy was crashed before this, with the lockdowns whats happening right now is just continuation, if you believe it was going to be business as usual since the new policies it just speaks that you don't know what the fuck you're on about

[Anonymous No.18581208]

>>18577197

you're the newfag throwing around a word you just learned. contango isnt synonymous with negative prices

[Anonymous No.18581270]

>>18581208
Read the definition of contango then tell me how it doesn’t apply. Stick to shitcoins

[Anonymous No.18581658]

>>18576649
>tfw I'm already poor and all my student loan debt is erased because civilization just collapsed

[Anonymous No.18582340]

>inb4 war with China
>https://news.trust.org/item/20200420175005-u059x
>Pentagon to ask U.S. Congress for emergency coronavirus funds to support defense industry

I've not seen a more devastating lockdown than the one in the US right now, and the aberrant behavior of the oil future is a sign of things to come.

[Anonymous No.18582402]

>>18576861
I can see them having so much oil to directly burning it to mine more Bitcoin

[Anonymous No.18582500]

>>18582340
>tfw you work in the defense industry

[Anonymous No.18582513]

/biz/ I am pleb, tell me.. what is negative asset? Is this means that if I "buy" one barrel of oil, I will get the barrel and the negative as cash? LOL

[Anonymous No.18582564]

>>18582500
they hiring right now anon? might be pretty busy soon

[Anonymous No.18582600]

>>18579517
> declassify 9/11
Cool it with the antisemitic remarks

[Anonymous No.18582624]

>>18582500
BASED defense anon

[Anonymous No.18582670]

Also, check this one out:
>https://www.miamiherald.com/news/business/article242136651.html
>Florida releases unemployment data: 1.5 million claims filed but just 40,193 paid

It's bad, really bad.

>>18582500
Are you working remotely or?

[Anonymous No.18582673]

Told you dumb cunts to stay away from oil.

[Anonymous No.18582696]

>>18576649
Negative. Future prices in. Free market is best market

[Anonymous No.18582711]

American WTI trading way lower than Western Canadian Select. Historic first.

[Anonymous No.18582769]

>>18579517
The trophy for the WTC attacks in Jerusalem.

[Anonymous No.18582893]

>>18582564
There's been like 2,000 new postings in the past month at the place I'm working at, so it looks like it.

>>18582670
Yeah, everyone who can is working remotely now. Only the ones that work in secured areas for secret/top secret work still have to show up every day.

[Anonymous No.18582928]

Finally
God bless petroaccelerationism

[Anonymous No.18583383]

holy fucking shit

[Anonymous No.18583415]

Just wait.
Pretty soon the price of pussy will go negative too.

[Anonymous No.18583419]

>>18582513
they will pay you to hold a barrel of oil, yes
hope you own a warehouse dude

[Anonymous No.18583463]

>>18576649
Wait is this just for the flu?

[Anonymous No.18583469]

>>18583419

Why not accept payment, splurge the money on heroin and whores, and then go into hiding to avoid the wire fraud charges?

[Anonymous No.18583494]

>USA falling apart over a meme flu
superpower my ass lmao

[Anonymous No.18583500]

>>18576845
I'm rubbing silver

[Anonymous No.18583517]

So what happened that it went negative?

[Anonymous No.18583518]

>>18580912
>jooz

[Anonymous No.18583521]

>>18583415
keked

[Anonymous No.18583541]

>>18582769
>american flag on fire is a "memorial"
6 million wasn't enough

[Anonymous No.18583547]

Can't wait for Socialism

[Anonymous No.18583558]

>>18576649
Is it that bad that should i be ready to kys?

[Anonymous No.18583575]

>>18583494
This. Are muricans that dumb?

[Anonymous No.18583583]

>>18583415
Does that mean all the biz virgins will loose their virginity and get paid to have sex?

[Anonymous No.18583630]

>>18576649
majoirty of my shares are in oil and im as chill as a cucumber .... i still need oil to get to work ... so i need to buy it the faggot at the corner market wont be handing it out in plastic bags for free because imaginary chart says its worthless

[Anonymous No.18583696]

>>18583415
PLEASE sir take my pussy PLEASE I will pay you $13

[Anonymous No.18583698]

>>18577060
>non-existent items
no they exist is the real problem. Those faggots don't wanna turn the pumps off for anything

[Anonymous No.18583714]

>>18582402
This is a good point, should the price of electricity be dropping now too?

[Anonymous No.18583726]

we're in a clown market, so deep down inside you already know whats going to happen tomorrow

[Anonymous No.18583757]

>>18583698
Can't they just put a big pipe that leads back underground on the output side of the pump

[Anonymous No.18583790]

>>18576649
HOW THE FUCK CAN IT GO NEGATIVE?

[Anonymous No.18583794]

can you explain more please

[Anonymous No.18583829]

>>18576830

[Anonymous No.18583869]

>>18583790
storage costs

[Anonymous No.18583928]

>>18576861
no dubs, no cap, nigger.

[Anonymous No.18583934]

>>18583790
Speculators signed a contract to take delivery of oil despite have no ability to store the oil. They had to sell at loss before tanker trucks started filling their condo with crude oil.

[Anonymous No.18583938]

>>18583869
I'm still little confused. How can a stock go negative? I understand it going to 0 or .00001 but how could it be less than that? What am I missing here?

[Anonymous No.18583979]

>>18583938
Real tangible goods (i.e. not magical internet beans or fiat dollars) require physical space to store them

[Anonymous No.18583986]

>>18583934
that can happen? I thought the market is just imaginary physical goods

[Anonymous No.18583999]

>>18582893
>There's been like 2,000 new postings in the past month at the place I'm working at, so it looks like it.
WHERE?! I'M GRADUATING WITH A PHYSICS DEGREE FROM AN IVY AND NEED WORK

HOOK ME UP

[Anonymous No.18584043]

Welcome to clown world, where everything's made up and the points don't matter

[Anonymous No.18584055]

so whats the catch

[Anonymous No.18584075]

>>18583934
Guess I don't know about these speculator contracts. I thought when they put their money in oil the put in in financial shares of the company, not the oil itself?

[Anonymous No.18584090]

>>18583630
also every piece of plastic, every road, every rooftop, etc is all made from oil. The only people sweating this are schizo's and people who bought options

[Gary No.18584153]

>>18583757
I assume that’s more expensive than just stopping and starting. Maybe future drilling designs will incorporate that as a fail safe for times like these.

[Anonymous No.18584161]

>>18583986
not commodities lol. You're essentially buying a contract to own that good in the future. You can find lots of funny stories about investors scrambling to store truckloads of grain n shit. Usually people sell the contracts before they actually have to worry about storing the goods, but now no one is buying, and oil is too intrinsically valuable, so you're probably going to hear lots of strange happenings with clever storage solutions (and probably a few catastrophes from improper storage)

[Anonymous No.18584200]

>>18576649
Rolling for Rods from God

[Anonymous No.18584373]

>>18584153
I heard a lot of drilling operations can't just shut their operation down without fucking it up permanently.

[Anonymous No.18584420]

>>18584075

Nah. Futures is where people purchase contracts for future deliveries of goods. When the contract expires the person holding it is on the hook for accepting those goods. The contract expires a month before the delivery date, so the oil contracts expiring tomorrow will be delivered in May.

So all the negative prices were from people who have no storage facilities desperately paying people that do at the last minute to accept delivery of the oil. If you were of the swindling persuasion you could snap up several hundred of those contracts at that price, accept payment to the tune of several million dollars, and then cash out and skip town before delivery is attempted.

[Anonymous No.18584422]

>>18584200

[Anonymous No.18584448]

SWING TRADE
OUR TIME IS NOW

[Anonymous No.18584456]

>>18584420
>If you were of the swindling persuasion you could snap up several hundred of those contracts at that price, accept payment to the tune of several million dollars, and then cash out and skip town before delivery is attempted.
how many swindlers does it take to cripple the economy?

Asking for a friend

[Anonymous No.18584478]

>>18581270
Crisscross Applesauce.

[Anonymous No.18584484]

>>18584420
What about things like spy futures? What do they actually buy there

[Anonymous No.18584530]

>>18582340
>emergency funds to support the american defense industry

[Anonymous No.18584549]

>>18584422
Checked. Thanks for the confirmation anon.

[Anonymous No.18584552]

>>18584200
Yee

[Anonymous No.18584566]

>>18584420
What would stop sellers from creating people to sell their contracts to? Is that securities fraud?

[Anonymous No.18584601]

>>18584420
so why the fuck would anyone buy futures instead of stock shares?

[Anonymous No.18584607]

>>18576830
Allelujah!

[Anonymous No.18584643]

>>18584484

SPY is an ETF, an exchange-traded fund, that tracks the S&P500 as closely as possible. It's owned and managed by Standard & Poors. You can buy into it just like a stock, but it's just a large, "professionally"-managed bag of money. I'm a pessimist so I figure many of the street-level investors will get fucked at some point in the future but I dunno.

https://www.investopedia.com/articles/investing/090414/sp-500-etfs-what-every-investor-should-know.asp

[Anonymous No.18584644]

>>18584601
dolla dolla bills m8

[Anonymous No.18584676]

>>18584601
If you bought futures contracts today that expire in 3 months and the coronavirus, oil price war and all the bad shit keeping oil down was solved before expiry, you would make an absolute killing.

[Anonymous No.18584739]

Just leave the SHAT in the FAWKIN GRAWND how hard is this

[Anonymous No.18584770]

>>18576813
it's like free money at this point. Of course you do

[Anonymous No.18584787]

>>18584601

Because you expect supply to shrink or demand to skyrocket. War declared? Demand for oil going up. Coup in Saudi Arabia? Supply going down. A surprise frost hits citrus crops? Futures for frozen, concentrated orange juice skyrocket.

>>18584566

What do you mean? Like they fabricate a person out of thin air and try to make the paperwork look like this person accepted the contract so they can get out from under it? Yes, that would be fraud. The point of trading futures is to make money, and if a seller is selling to themselves and having to fabricate paperwork then they're not making money and committing felonies.

[Anonymous No.18584810]

>>18579945
omg, history just flew over my house

[Anonymous No.18584888]

>>18584739
>Just leave the SHAT in the FAWKIN GRAWND how hard is this

Oil industry is in denial, my man. They want to continue selling oil because they got employees to support and various other bills to banks to pay. Their creditors are probably blowing up their phone harder than credit card company after they heard one of their delinquents got a promotion at work.

[Anonymous No.18584895]

lol oil wasnt invented until the late 1950s or so

[Anonymous No.18584990]

I HAD A VISION
OF 60 YEAR OLD AMERICANS
LAUGHING AT 40-50 YEAR OLD AMERICANS
FOR NOT INVESTING THEIR TRUMPBUX IN SOMETHING
I CANT HEAR WHAT the THE VOICES ARE SAYING
SOMEONE PLEASE GIVE IDEAS

[Anonymous No.18585010]

>>18584787
>>18584787
and so the idea is you sell the contract you bought before it expires after 3 months to someone who actually wants the physical goods and can store them?

If you sell the day before expiration does that mean the contract still expires the next day for the person who bought your contract or do they get another 3 months to work with?

[Anonymous No.18585046]

>>18583583
> will /biz/ get paid to lose their virginities?
If you mean that /biz/realis will have to start turning tricks to make ends meet, then yes

[Anonymous No.18585178]

I think I've figured out how to solve the problem

[Anonymous No.18585242]

>>18585010
>and so the idea is you sell the contract you bought before it expires after 3 months to someone who actually wants the physical goods and can store them?

Yes. You're the financial speculating asshole middleman kike raising prices by skimming off the top.

>If you sell the day before expiration does that mean the contract still expires the next day for the person who bought your contract or do they get another 3 months to work with?

No, it expires and they get the goods. If you're hanging onto it until the last minute then you're in a fucking bind because as some random financial speculator you're probably not in the position to accept the goods, and whoever you're selling to probably knows that. The people selling their oil contracts for -$40/barrel learned that the hard way.

[Anonymous No.18585271]

>>18585178
>eventually companies are going to be paid to put oil back in the ground
I could see it happening.

On a more serious note, has anyone else got the vibe that we split off into a much more chaotic timeline sometime around the end of 2019?

[Anonymous No.18585279]

>YOU HEARD IT HERE FIRST /biz/ UP NEXT ON THE LIST IS THE BEACH BOYS HIT SINGLE "BOMB IRAN"
https://youtu.be/vPRonG87eKw

[Anonymous No.18585731]

>>18585271
2015 I'd say. Everything after that has been a wild ride. It just keeps getting wilder.

[Anonymous No.18585748]

>>18581658
They'll probably use student loan debt as leverage to get dumbass rubes to sign up for war.

[Anonymous No.18585763]

>>18576861
China can't store it all.

[Anonymous No.18585805]

if there is no demand for oil there is no demand for us dollars
we ww3 now

[Anonymous No.18585834]

>>18585731
I always did want to experience an apocalypse as a kid, I might actually get one of my most disturbing and primal wishes

[Anonymous No.18585873]

>>18585805
except the demand generated by being the currency of the world's largest economy

[Anonymous No.18585894]

>>18585279
>BOMB IRAAAAAN
>INTO SAAAAAND
>BOMB IRAAAAAN
>FUCK THAT LAAAAAND

[Anonymous No.18585934]

>>18585873
wow why didn't we think of that in the 70s

[Anonymous No.18585975]

>>18585894
based

[Anonymous No.18586181]

>>18576649
Have sex

[Anonymous No.18586579]

>>18585178
Holy fuck, Keynes was laughed at in his time but validated as a genius by history.

[Anonymous No.18586625]

>>18585731
All she had to do was admit that she slept around for good video game reviews. None of this would have ever happened.

[Anonymous No.18586646]

>>18576649
ok happooner

[Anonymous No.18587003]

>>18586625
it took me so long to find this

[Anonymous No.18587117]

>>18584990
>Invest in rope

[Anonymous No.18587139]

>>18576830
Yes! Faster

[Anonymous No.18587720]

>>18576649
We are quickly progressing from hyperdeflation to hyperhyperdeflation

Soon we will have negative real estate values as people will not be able to afford heating and upkeep of the property

[Anonymous No.18588079]

>>18585763
They will turn HK into an oil refinery and storage dump as punishment. Cap this.

[Anonymous No.18588215]

>>18576649
>YOU ARE LIVING IN HISTORY
This... This IS history

[Anonymous No.18588253]

>>18585271
2016 was definitely part of the meme timeline. Then there was the Great Big Crypto Pump of 2017. I think 2015 was the last off-the-shelf year.

[Anonymous No.18588260]

>>18587720
Provided the emerging markets hold dollars. They won’t. India is issuing gold backed bonds. Shanghai Gold Exchange will displace NYMEX for gold futures. It’s not good to be in fiat too long.

[Anonymous No.18588343]

>>18581270
dumb motherfucker, contango has happened countless times across all asset classes, but the futures price has not been negative- that is his point you mongrel

[Anonymous No.18588346]

This will be the end of all thing. Nice

[Anonymous No.18588406]

>>18582696
>actually thinks this is a free market

[Anonymous No.18588584]

>>18588260
brazil is also getting rid of as much dollar they can as quick as possible. BRICS know something and it started with russia and china hording on gold at the start of the decade

[Anonymous No.18588896]

>>18587139
why hasn't someone smashed that dudes face with a bat yet?

[Anonymous No.18588919]

>>18588260
fiat is OK, most of the banks assets is mortgage loan debt.. think they want to see me write a check to pay off my mortgage with 1 hours worth of labor?

[Anonymous No.18589030]

>>18584888
>Their creditors are probably blowing up their phone harder than credit card company after they heard one of their delinquents got a promotion at work.
Lmao

[Anonymous No.18589078]

>>18584484
it's trivial to deliver a certificate, at worst it's a piece of paper, but realistically it's just a record of ownership in a database

[Anonymous No.18589123]

>>18584601
futures and options were originally supposed to be hedging tools: i sell oil, i think the price of oil is going to dump, i will sell a bunch of futures contracts so that i can lock in a high price now instead of selling in 2 months when i actually have production ready petroleum and the price as dumped, futures, forwards, and options are hedging tools that can also be used for speculation

[Anonymous No.18589519]

>>18588343
Read the definition again and explain how it doesn’t apply

[Anonymous No.18590147]

>>18579517
Israel did 9.11

[Anonymous No.18590162]

>>18582769
Gas the kikes.

[Anonymous No.18590185]

You know bond yields have been negative for years

[Anonymous No.18591744]

>>18576861
If digits China collapses

[Anonymous No.18591781]

>>18591744
well shit

[Anonymous No.18591790]

>>18591744
Holy shit it’s happening

[Anonymous No.18591989]

>>18582500
>work for cargo airline
>most of upper management are retarded Boomers, but the tippy top is 80-something and still makes good business decisions and has a lot of pull with fed govt
>we have gotten an absurd amount of contracts the last 2-3 months
>literally busier than any other time in the company's history due to COVID
>OT available every week
>if war were declared we would be good for even longer since we're extremely important for occasional military flights
>mfw

I still haven't received a pay raise but at least I have some semblance of job security. There is no way that we don't go to war with someone.

[Anonymous No.18592534]

>>18591744
aaaa

[Anonymous No.18592566]

>>18591744

[Anonymous No.18592633]

>>18577060
As a Silverchad I could not agree more.

[Anonymous No.18592704]

>>18583415
my female friends are asking for my protection and to be my fuck sluts on my farm in exchange for food and safety

[Anonymous No.18592868]

>>18586625
It's amazing what ripples a small rock can cause.

[Anonymous No.18592889]

>>18592633
Ah, a fellow batboi I see.

[Anonymous No.18592906]

>>18591744
Taiwan numbah one

[Anonymous No.18593534]

>>18583500
Invest in flour and meat.

[Anonymous No.18593887]

>>18580629
imagine being this /pol/ish, yikes
dance more

[Anonymous No.18593961]

>>18576649
and just like Rome and Britain before it, another great empire shall fall.

[Anonymous No.18593969]

Oh look, another thread reminding everyone that /biz/ has been invaded by nano-brain pol schizos.

[Anonymous No.18594141]

>>18576649
>THERE HAS NEVER BEEN A CONCEPT OF FUTURE ASSETS GOING NEGATIVE

Except for the Yen and the Euro, but ok.

[Anonymous No.18594192]

>>18576861
>buying
They get money if they take it.

[Anonymous No.18594203]

>>18576649
The bear will leave it's cave forever

The prophecy is encroaching...
Imagine if ETH and LINK are the rod and ring.... mfw

[Anonymous No.18594229]

>>18592704
Tell them that they have to pay you for sex

[Anonymous No.18594303]

>>18591744

[Anonymous No.18594470]

>>18585178
underrated

[Anonymous No.18594479]

>>18576649
is there any way to short june contract but stay hedged incase longterm oil price moons?

e.g. i just wanna short the gap in delivery

[Anonymous No.18594536]

>>18583517
They keep pumping it out and absolutely nobody wants it. Absolutely no point to buy oil. Demand is completely nonexistant and stocks are already full.

[Anonymous No.18594613]

>>18582513
They will pay you for taking the barrel.
What it means after your futures contract expires you have to take responsibility for the commodity as a physical asset. Hence pay transporting and storage fees.
You can buy 1 million barrels for -$20 per one
So you cash $20mil, buy tanker vessel, transport barrels to Panama.
Load 'em on to the tanker and dump them to the sea.

[Anonymous No.18595226]

>>18576813
how the fuck do you short futures contracts

[Anonymous No.18595336]

>>18592704
we both know this is not the case anon

[Anonymous No.18595338]

>>18591744

[Anonymous No.18595368]

>>18586625
that really was the start of it, and it began on our beloved 4chan

what the fuck

[Anonymous No.18595569]

>>18576813
>we short june next or?
>short
>future
go back to smelling shitcoins

[Anonymous No.18595624]

>>18586625
women are the reason for most wars. It just so happened that this cunt made a meme war... that led to the end of humanity.

[Anonymous No.18595716]

>>18584456
about 350

[Anonymous No.18595773]

>>18576649
>THERE HAS NEVER BEEN A CONCEPT OF FUTURE ASSETS GOING NEGATIVE
uhmm.. yes

[Anonymous No.18595788]

>>18576649
why would I fucking exit the market you mongrel? I short the fuck out of it.

I swear, these fucking brainlets that don't even understand what options you have in every market situation

[Anonymous No.18595800]

>>18576861
>>18591744

Checked and capped, lets nuke the chinks

[Anonymous No.18595809]

I FUCKED UP, GUYS. FUCK
ended up losing all the money I made on the oil freefall because of that FUCKING bounce

[Anonymous No.18595839]

>>18582769
what an ugly piece of shit

[Anonymous No.18595945]

>>18583999
>GRADUATING WITH A PHYSICS DEGREE
>FROM AN IVY
>another anon few days ago looking for work
>Harvard graduate
Goddamn, what is happening to our educational standards..

[Anonymous No.18596002]

>>18582769
kek, sent them another 5 billion mutts

[Anonymous No.18596103]

>>18576649

Do you even know what a "future" means u fuking faggot?
Those are bets in favor or against an asset prices and expires in a certain date which can leave you with real oil in your hands. So many faggots are only speculating on it and wont store any oil they literally gave away their futures for pennys away to avoid getting real oil.
FUck you fking Option and future traders.
I hope you get fcked

[Anonymous No.18596112]

>>18583415
no you got it all wrong, the price of dick is going positive

[Anonymous No.18596145]

>>18585178
pumping oil out of the ground just to put it straight back, absolute clown world

[Anonymous No.18596182]

>>18583415

Sure thing when all those feminist pussy gets fired from their meme"career" job they have to go in negative ...r---r---right guys?

[Anonymous No.18596609]

>>18581208
>>18581270
Contango just means speculative price (tomorrow) is higher than spot (today). This happens often with something like gold.. Rarely happens with something like oil.
Oil price does not usually exhibit Contango, because oil: traditionally has more use immediately than in the future, is expensive to move and to store and future price is hard to predict.
Gold almost always exhibits contango because it's fairly common to sell it for a higher price in the future.

[Anonymous No.18596744]

>>18583938
What don't you get?
>barrel occupies 7cuft of space
>space remaining to store barrel = 0cuft
>barrel cost to store goes from $1 to $100
>nobody wants oil because it costs more to store
>people PAY buyers to take oil off their hands because they don't want to store it
>'price' of barrel goes negative because buyer receives credit from seller

[Anonymous No.18596858]

>>18576649
In the future, please use a file format that has low impact on the bandwidth of users.

[Anonymous No.18596985]

>>18595945
I work in a similar field and find most of the ivy grads to be fucking worthless, much rather get someone out of like Purdue or Michigan State or something like that most of the time.

[Anonymous No.18597033]

>>18596744
how much over the demand do you have to be that no one is even buying it for free?

[Anonymous No.18597038]

>>18596985
not american, but why?

[Anonymous No.18597090]

>>18588253

[Anonymous No.18597213]

>>18597038
I'm looking for “qualifications.” If one qualification is “general intelligence,” then an Ivy League degree might help. If a qualification is, “able to perform a finite element analysis on a structural design,” then the degree, taken alone, is nearly irrelevant. Some of these people come out of these ivy league schools and they are brilliant in all kinds of theory, but when I give them a sample problem they can't just DO it. Or they struggle to handle any project management, or they struggle with working with other engineers, or just realizing what is good enough versus over the top. Exceptions are certainly there, but, I've had better luck getting people from Georgia Tech and Purdue and just got an awesome one from Texas A&M. Smart farm or automotive kids that grew up tinkering and went to a decent engineering school, versus some fucking child prodigy that never got dirty as a kid. I have three from MIT and they are great for certain things, but, they aren't my goto guys despite being extremely intelligent.

[Anonymous No.18597254]

>>18597213
I don't believe an american ivy league student from physics/math/eng cannot use basic numerical analysis. I'm sure they have projects and numerical assignments.

[Anonymous No.18597279]

>>18585748
This is my big worry, anyone who is unemployed or in any sort of debt or in any trouble with the tax department is going to get forcefully sent to either a labour camp or become cannon fodder

[Anonymous No.18597325]

>>18597254
I didn't say they couldn't.

[Anonymous No.18597332]

>>18585731

Agreed. Gamergate wad the beginning of the end.

[Anonymous No.18597343]

>>18577060
a tome on modern economics could just be a single page with a single sentence

>its the jews.

[Anonymous No.18597353]

>>18582564
the army is always hiring anon

[Anonymous No.18597544]

>>18595800

[Anonymous No.18597617]

>>18576649

WTI oil future went negative because of the storage costs. They can't just stop the oil production, the oil has to go somewhere. Storage in tankers costs money. So the negative price means they'll pay you to take the oil from their hands otherwise they will have to spend more on storing it themselves.

Also WTI is traded in 1000 Barrels/transaction. Please note you don't get the barrel, you get 1000 barrels worth of crude oil. Good luck storing that without proper storage units, i.e. a oil tanker.

[Anonymous No.18597695]

>>18597544
Checked anon

[Anonymous No.18597722]

>>18583469
you would need a tanker or something, where are you going to store liquid crude oil? You can't accept the delivery

[Anonymous No.18597731]

>>18591744

[Anonymous No.18597824]

>>18586625
I wonder if future history books will include the qoute "He does it for free" and it's relevance.

[Anonymous No.18597875]

>>18576861
If by China you mean India and by war you mean show me your bobs, then yes.

[Anonymous No.18597907]

>>18584484
it's cash settlement, they don't deliver a certificate of ownership or stocks but their worth in cash

[Anonymous No.18597926]

>>18587003
Kek

[Anonymous No.18597996]

>>18597090
HARAMBE!

[Anonymous No.18598027]

Glowniggers are getting desperate to deflect from their crashing "empire"

[Anonymous No.18598257]

>>18585178
The ground lowers as the oil spills out
The pressure of the ground is spilling the oil upwards
In grounds where oil always spills out the (depleted) wells next to it will typically work the same
There is to cave