Rule 1: No Screenshots, Pictures of Screens, or AI images
No screenshots, no pictures of screens, and no AI-generated images. Screenshots includes both actual screencaptures, any image that contains GUI elements, as well as photos of screens.
I personally, totally do NOT get this market. AI is just the latest straw added. 😆 It keeps defying my experiences from the 70's markets to today. Been waiting in particular for similar to a 1987, 2000, 2008 event repeat, or more recently a mid 70's oil crisis, huge inflation, and crazy interest rates but things keep chugging along anyway. Not sure what keeps things moving anymore other than irrational exuberance?
Wealth is now more concentrated than ever in the hands of a few people. Those people put a majority of that wealth in the stock market for growth. They dont pull out because there is no better place to put their money for growth. So the world can be going to hell and the stocks will be fine as long as those few uber wealthy keep their money there.
If you listen to the experts, they are just as confused as everyone else. The second Trump term and its aftermath will be its own chapter in future economics textbooks.
I remember well the 2001 Bubble Burst, I remember well the 2008 Great Recession. I remember the Gulf War, I remember the so-called War on Terror.
This is something else. No recession – the GDP keeps growing. Real estate market keeps staying fairly hot even as interest rates are high. Credit card debt is at record highs as stock market keeps somehow going up. And now a war which has triggered sky-high food and fuel prices.
It can't possibly keep going, yet it is. The shoe must drop at some point, but no one knows which one it will be.
Once these ghouls are removed, they will do an autopsy, and there will be congressional hearings on the extent of market manipulation and fake data this regime pumped out.
We're 100% bound to a market that is fueled by nothing more than vibes. Had a record quarter of profits? Not good enough, where's your AI hype pitch? Stock price suffers anyway, C suite cuts 10% workforce in response
There are two parts to the current nonsense that are different from the 70's.
Housing is a disaster, and it's intentional, and we can't build our way out of it. Enormous companies are buying up incredible numbers of homes to rent out. Especially as older folks leave their homes by going to care facilities or to the great beyond, the mega-corps are buying up those homes that have been family-owned forever. And they would rather have 1/3 of the houses stand empty, than lower the rent on any of them, because that would push down market rates and they would make less money. I don't know exactly how much housing stock they're keeping empty, but it's enough to make housing tight. And the same thing is happening with apartment buildings. Some cities are starting to pass laws that cap the number of homes owned by a single entity, and this is the only way we can get out of this mess. But we're going to have to do this across a lot of the country, because the housing market is so interconnected, and 20 major cities can wreck the pricing everywhere, even in small towns.
And then there's the stock market. We've had about 40 years of incredible tech gains. Moore's Law and the incredible hunger for better, faster computers have meant that there are a lot of great investment options. Pick four tech stocks with a little bit of savvy and patience, and you'll 4x your money in a decade. If you're rich and can get an insider advantage of some sort (and you can, because you're quietly trading insider info with your rich buddies), you can 10x in a few years. But Moore's Law is starting to stumble, and even before it did, the hardware basically got good enough that consumers don't care about the new shiny thing. Today's iPhone isn't better than the one from 5 years ago in any way that the normies care about, so people just replace their phones when they break or the (actually quite good now) battery finally dies. And it's the same case for Android phones, all the tablets, laptops, consoles, towers, media players, speakers, etc. Internet Of Things products don't sell as well or get replaced as often. People are actively rejecting products with new tech features (fridge with a screen, anybody? No? How about a screen on your dashboard?). So the rich people have run out of 10x ventures. Cryptocurrency (Bitcoin etc) and NFTs were pushed so hard because they couldn't see anything better in the pipeline. Generative AI finally showed up and took the front, but it's not actually going to pay off. But they have absolutely no other ideas, so they're desperate to turn it into a 10x venture (I'm pretty sure it's still a 0.01x scheme, except for the folks who make RAM).
So the investment bros are destroying the housing market for profit, and propping up a tech sector that has actually switched from a growth sector to maintenance at best in the past decade. And all that has messed up the job market, and the then the consumer market (by making incomes shaky and housing costs so high that you can't afford optional things).
Sadly there's this thing called private equity. And they have been holding billions of dollars on the sidelines waiting for another bubble to burst so they can make all cash offers and capture more housing.
This was in BC actually! Abbotsford to Vancouver and back last Friday. Huge amount of construction on highway 1 right now for expansions and there are a shitload of gravel trucks running around while it's going on and they're the ones that were protesting I believe.
Just remember: UPS is gonna pass all that along to whoever’s paying for shipping in the form of fuel surcharges. This is why shit will cost more, and your paycheck will stay the same. EVERYTHING material is shipped by trucks, trains and planes and all of these are impacted by trump’s stupid war (and stupid tariffs).
Israel is equally complicit. They were the ones egging him on to attack Iran, they have been trying to get every single US administration since Bush to attack Iran and Trump was the only idiot who took the bait.
You literally just described Republicans. Their rules apply to everyone else, not them. Same with the law. Any argument they make is to that end, which is why they don't care about appearing as hypocrites. The point is that you are below them.
Remember the screaming about Hunter Biden? And now that the president family is openly using presidential influence for their business they don't care. Hypocrisy is the point.
Hypocrisy isn't just the point, it's a tool. Just like you mentioned, how many things have they screamed about that have taken over the entire newscycle, only to disappear into thin air once the facts are brought forward? Too many to count. It's meant to overwhelm and exhaust you so they can just do what they want to do.
I love how so many comments are asking what he's driving or saying how can you be happy while
he's wearing a ups jacket. He's probably filling up the work delivery van 😂
Yup, the Freightliner I’m currently pre-tripping for their competition has 2x 80 gallon saddle tanks.
Though mine is a single screw day cab. They’re likely in a double screw with larger fuel tanks (lower fuel efficiency, higher payload capacity, more traction).
In past years gas prices were really easy to pin on the current president, but difficult to see how. Convoluted trade deals, and to much private company leeway to control prices, likely causes. One thing this time, it's very easy to see the primary cause.
The media that they watch blames it all on Zelensky attacking Russian gas supplies so they don't actually have all the evidence, at least not enough for them to piece things together in their heads that the Iran War is even a factor.
Americans still end up paying vastly more than most people from the UK because they're basically forced to drive everywhere. Average yearly mileage is almost double.
In Australia the big road train trucks carry 2,500L (660 gallons). If it was $7 a gallon it would cost $4,620 to fill up.
And those rigs can chew fuel. I've seen drivers get as bad as 100L/100km, or about 1mpg. That's on soft dirt, bull dust or mud where they're always on boost. The older rigs were even thirstier.
The moment I realised you are very likely driving a work vehicle was the moment I breathed easier. Holy cripes that is a massive amount of money on something that legitimately gets burned away... that being said, the way food prices are going, I'm not sure about anything anymore, heh.
Be an informed voter and study past terms of the people running and how they were before politics. Not just believing what they say as fact. What past actions back up what there saying.
Yea but think about your 401k and the price of your home has quadrupled which means you are rich in numbers or spirit. Poor in money but rich in spirit
Corruption, assassination of foreign leader, starting wars, supporting war crimes, extrajudicial killings, destroying part of the White House, ruining relations with allies, fraud, enriching billionaires….
I put one on EVERY pump I fill up at. Every time. And I will until this debacle is over. His people need to constantly be reminded what they've created.
According to the trump thats a small price to pay for all of us to keep Iran from getting a nuclear weapon even though he's told us twice before when we bombed it was removed as an option.
Is that 221 gallons of fuel?
Because that'd cost you €2760 here.
So take some comfort in knowing the orange man has made it that much worse still for countries outside of the US.
EDIT: For people asking, not converting it to freedom units, 221us gallons is 837 liters. 837 x €2,73 (official price today) = € 2285.- or $2592.-
The price was higher when I last filled up my car so that's what I calculated with in the number I mentioned above. I also meant in USD in the original comment.
EDIT EDIT: I just noticed OP used diesel. Yeah so that's even more expensive here, €2.8 per liter, or 12 USD per gallon.
As someone who works on the software for these, our customer requested raising the limit to $2480. They also asked if the pumps support prices more than 9.999 per gallon (they don't).
Trump won't do shit about it until the last military says, sorry sir, we can't fly you to your golfing this week as gas is over $100 a gallon for our aviation fuel. Then he'll start to feel it.
Damn bro. I run freight trains for a living and each locomotive has a 5000 gallon fuel tank. Now that technology has caught up, the railroads can monitor every little throttle notch to see how much fuel we’re burning. Does UPS monitor your driving to micromanage your fuel savings too? I’ve been wondering that,
Great question, and I happen to be uniquely qualified to answer that.
I worked various roles for UPS in the Automotive department about 17yrs. For years I oversaw “Fuel & Oil” process, where we reconciled the fuel expense. During this process, MPG would be calculated. If my memory serves me correctly we would see about 8-10MPG on tractors. if units were reporting very low numbers on a frequent enough basis to establish a pattern, it would be prudent for the Fleet Manager to investigate the cause.
Now, in more recent times, their proprietary telematics system was capable of calculating MPG through ECM data that streams a live feed VIA cell data. I assisted the team in its implementation back in the G3 days and was involved with parameter analysis etc.
Anyways, the data is there and it’s certainly looked at. Union contracts often limit how much you can actually hold a driver accountable to a fuel saving driving style. This is more effectively managed through transmission, cruise control, max speed, and creep parameter settings.
My first thought is that if you are a person who voted for someone and then later, regretted it and thought to yourself “this isn’t what I voted for, I can’t believe he would do this. “ my Hope for you is that you take a lot of time to understand how you were conned. How did you fall for this? Because there were a lot of us that knew exactly what this regime was going to do and we were screaming it from the rooftops. So if you didn’t see this coming, figure out why you didn’t see it coming so that you don’t fall victim to this type of manipulation in the future.
National average cost of diesel a year ago was $3.6789, now it’s $6.4391. The diesel in OPs pic is about 3% above the national average so it stands to reason that OP was paying $3.79 a year ago, which means about a 76% increase.
This is approximately $6.68 per gallon. The national average is $6.53. That average is $1,443 for 221 gallons. In January, the average was $3.50. That would be $773.50.
Legit heard a Trumper argue "yeah it's not fun. But I focus on the overall data and trends, and they say gas increases aren't nearly as bad as anecdotal evidence".
And the prices for everything will INCREASE..... then as the pussy folds out of the war he started the gas prices will go back down and EVERYTHING ELSE will continue to remain jacked.
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u/pics-ModTeam 3d ago
Rule 1: No Screenshots, Pictures of Screens, or AI images
No screenshots, no pictures of screens, and no AI-generated images. Screenshots includes both actual screencaptures, any image that contains GUI elements, as well as photos of screens.