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Featured Replies

13 hours ago, Diehardfan said:

If you want to really be shocked walk into a camera store and look at the prices. Now that is some BS.

Have you tried being less poor?

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12 hours ago, we_gotta_believe said:

And Barilla is like Heinz, it's a recession food.

9 hours ago, Boogyman said:

Have you tried being less poor?

I go on vacation and you steal my line?

5 hours ago, vikas83 said:

I go on vacation and you steal my line?

Look at it more like pimch hitting lmao

15 minutes ago, Boogyman said:

Look at it more like pimch hitting lmao

You have the con until I am back in the US in June.

11 hours ago, dawkins4prez said:

And Barilla is like Heinz, it's a recession food.

"Inferior Goods" I think is the term (been awhile since econ classes). Goods whose sales rise when spending power falls. Hamburger Helper, tinned fish and Spam are all having big booms right now because of these idiots.

Just now, DEagle7 said:

"Inferior Goods" I think is the term (been awhile since econ classes). Goods whose sales rise when spending power falls. Hamburger Helper, tinned fish and Spam are all having big booms right now because of these idiots.

When I worked for Arm and Hammer, the value brand toothpaste, deodorants, and cleaning products would go crazy when we had a "bad" economy for a period of time

3 hours ago, vikas83 said:

You have the con until I am back in the US in June.

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Credit Default Swaps are back in a big way.

1 hour ago, JohnSnowsHair said:

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Credit Default Swaps are back in a big way.

This should go well...

1 hour ago, Mike030270 said:

Pretty impressive when you realize a man almost singlehandedly did this in a little over a year.

18 hours ago, JohnSnowsHair said:

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Credit Default Swaps are back in a big way.

Single name CDS never went away and doesn’t pose any systemic risk like CDS on ABS did. This is just pointless fear mongering.

2 hours ago, vikas83 said:

Single name CDS never went away and doesn’t pose any systemic risk like CDS on ABS did. This is just pointless fear mongering.

I think it points to some betting on AI being overheated, no?

I'm not talking like 2008, I'm saying Oracle in particular is exposing itself to significant downside risk if AI falls short of expectations.

2 hours ago, JohnSnowsHair said:

I think it points to some betting on AI being overheated, no?

I'm not talking like 2008, I'm saying Oracle in particular is exposing itself to significant downside risk if AI falls short of expectations.

That I agree with. This level of capital expenditures is insane and no way can the ROI justify it. But mainly the CDS is used for hedging as opposed to fundamental shorting.

oracle sucks.

that is all.

46 minutes ago, vikas83 said:

That I agree with. This level of capital expenditures is insane and no way can the ROI justify it. But mainly the CDS is used for hedging as opposed to fundamental shorting.

yeah this isn't a short, but it's still a signal to me.

Zscalar getting hammered today, Micron though..... I just rolled over a 401k, if only I had known 24 hours ago I would be up nearly 6 figures in a day 🤣

42 minutes ago, Alpha_TATEr said:

oracle sucks.

that is all.

it really does. I've been pitching a migration to Postgresql for our remaining Oracle database. we've largely mitigated the licensing costs already, and we're pinned to 19 with no desire to upgrade - just security patches.

we might just replace that whole system though.

1 hour ago, Alpha_TATEr said:

oracle sucks.

that is all.

You don't like their tactic of sending an email at 6 am to 30,000 employees telling them that, effective immediately, they no longer have a job?

4 minutes ago, paco said:

You don't like their tactic of sending an email at 6 am to 30,000 employees telling them that, effective immediately, they no longer have a job?

kind of a busch league move, but considering how lousy their operating systems are, it's not a surprise.

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K-shape

remember when some on here thought that wasteful spending was a thing of the past?

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