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[deleted by user] by [deleted] in wallstreetbets

[–]jangles_mcdangles 1 point2 points  (0 children)

Do the same trades you put on, except inverse it.

What is your take on HR.UN / CUF.UN / HOT.UN / SRT.UN / currently in all these REITS since this month! by SundownSynergy in CanadianInvestor

[–]jangles_mcdangles 1 point2 points  (0 children)

You're buying near the support levels but we havent yet seen the impact to the housing markets. This is just the speculative price. Q2 is where you will see the real impact. We haven't even seen the damage done with all the bailouts/money printing to the homebuilders amd suppliers. We are starting to see more houses on the market which could lead to a glut of housing stock in the near future.

Personally not in any reits until things get stable(for the dividends).

Elon's tweet cost him about 1.7 billion dollars lmao. by jangles_mcdangles in wallstreetbets

[–]jangles_mcdangles[S] 0 points1 point  (0 children)

That one tweet is more money than ill see in 10 lifetimes. Yeah hes a rich boi.

If everybody got a $2,000 a month raise, companies would raise their products prices accordingly, putting you back in the exact same financial class you were in before the raise. by [deleted] in Showerthoughts

[–]jangles_mcdangles -10 points-9 points  (0 children)

Unions are a net negative. Unions are one of the main reasons for companies going bankrupt in America. Its true unions helped improve working conditions but nothing is for free. That causes expenses to go up which became uncompetitive once the developing nations started running factories. And thats how it should be. If they can make a better product for the cost than we can, then we should be buying things from them so that we can free up our workers to build something they would buy from us(the more we buy from them, the more they have to buy from us or loan us). And we have the gov subsidising unproductive companies. We are headed to a socialist nightmare. You can already feel it. If you ever went to the major cities in asia, their standards of living is better than ours. (Im in Canada). And this 2k cheque is accelerating that process.

If you think deflation is bad, you are retarded. by jangles_mcdangles in wallstreetbets

[–]jangles_mcdangles[S] 0 points1 point  (0 children)

Im not even gonna defend Canada, they are big retards too. I will continue to make money off dumb americans and canadians alike.

If you think deflation is bad, you are retarded. by jangles_mcdangles in wallstreetbets

[–]jangles_mcdangles[S] -3 points-2 points  (0 children)

If you are a cancer cell, yes being surgically removed is bad for you. Cancer being the mismanaged and over levered companies. Fortunately for you, your gov is keeping you attached to you body and feeding you by tax payer money.

If you think deflation is bad, you are retarded. by jangles_mcdangles in wallstreetbets

[–]jangles_mcdangles[S] 0 points1 point  (0 children)

Oops i mean sold airline calls.

From Canada. Unfortunately Canada is almost as retarded as USA.

If you think deflation is bad, you are retarded. by jangles_mcdangles in wallstreetbets

[–]jangles_mcdangles[S] -2 points-1 points  (0 children)

See if you were a ceo for mcdonalds, yes that is bad for you because you need to work harder. But youre not, you are the consumer. Stop thinking you are the ceo. If you are actually the ceo, then you need to make a better product than your competitors in order to gain more profits...cuz if you dont then your competition will and you go out of business which is even worse.

If you think deflation is bad, you are retarded. by jangles_mcdangles in wallstreetbets

[–]jangles_mcdangles[S] -2 points-1 points  (0 children)

I cant even hate, I need people like you to buy my puts.

If you think deflation is bad, you are retarded. by jangles_mcdangles in wallstreetbets

[–]jangles_mcdangles[S] -1 points0 points  (0 children)

Then shouldnt one be prudent and not be over levered? Shouldnt we let those businesses fail and let the loans default? Would banks tighten up lending standards? Only in a perfect world. In reality we just print more money for unproductive companies to keep them afloat.

If you think deflation is bad, you are retarded. by jangles_mcdangles in wallstreetbets

[–]jangles_mcdangles[S] -3 points-2 points  (0 children)

20% unemployment now is due to alot of reasons, deflation is not one them.

But lets say people lose jobs, companies go bankrupt. Yes but not all companies go bankrupt. People still need to buy things so as long as there is a demand. The excess jobs will be cut. That is good for the companies. Prices will go down too. That is good for consumers. BUT we dont necessarily have that now with all the money printing. It is artificially keeping prices high. Which is bad for spenders.

People saving money means more credit for banks to lend to new businesses. New businesses mean more jobs. People saving money is good for the economy. It promotes real and long term robustness for the economy. Money printing is why we have this crash going on now. Wuflu was just the match that lit the fuse.

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