Berkeley CSUA MOTD:Entry 25759
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2025/05/24 [General] UID:1000 Activity:popular
5/24    

2002/9/3-4 [Finance/Investment] UID:25759 Activity:high
9/2     it's the end of capitalism as we know it.  who wants to come alone
        for some beers?
        \_ Freudian slip? Take your meds bud.
        \_ I already came
        \_ Freud aside, wtf are you babbling about?
                \_ stock market tanked again?
                   \_ Oh.  Well, that's hardly the end of capitalism.  Quite
                      the opposite.  Captiolism isn't about every two bit shit
                      eating poorly managed company making big bucks.  It's
                      about the fit thriving and the weak dying.  You're now
                      seeing the results of years, maybe decades of bad
                      management wracking the economy.  Good companies will
                      survive and thrive.  Bad ones will die.  This is a good
                      thing.  The value of the DOW on any random day has about
                      as much to do with the economy as that day's level of
                      cheese production on the moon.
                      \_ yeah, i wish it worked that way, too.  "bad ones
                         will die?"  right.  take a look at the airline
                         industry.  they'll just go crying to the government
                         for another bailout while providing the same
                         shity service forever.  if the government showed
                         more respect for the free market, perhaps the shit
                         companies would die, but most of them are part
                         of some kind of government sponsored protection
                         racket or another. in another year or towo the moron
                         investors who set prices will decide to be optomists
                         instead of pesimists and overvalue the shit
                         companies they're undervalueing now.
2025/05/24 [General] UID:1000 Activity:popular
5/24    

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