Відео

A fringe issue that mostly concerns Americans. The same Americans that live better than 95% of the world population but just keep complaining how it was better before.

Save the frogs NOW PEPE WINS

I'm a bit late to this thread, but when you said "You might be a meme stock investor if...", I immediately thought of comedian Jeff Foxworthy's famous routine "You might be a redneck if...". There's a potential comedy gold mine for someone who can write it. Yes, I think like this all the time.

I wouldn't have expected that watching Spice8Rack would lead to me understanding an economic possible hyper reality but here we are.

Being from the UK and making fun of the planned facial recognition and constant surveillance in this city is peak irony

412 stops serviced by a system of locals an expresses end of problem.

"Rise" doing a lot of work in that title

Hey Patrick, I have absolutely no interest in the stock market etc. but the algorithm recommended your channel & I stayed for the dry humour & commentary. It must be so fun to be in your class. I literally snort out loud watching your videos. I still think my favourite comment is calling SBF a crypto hobbit, but I have a favourite few lines from every vid!

Impressive work Boyle. CCP’s iron grip of China is both a blessing and a curse. The nation is at the mercy of whoever at the helm with no checks and balances. With a wise leader such as Deng, CCP could achieve incredible feat with amazing execution efficiency. The flip side is also true as evident by Mao’s ability to run the entire country to the ground by himself.

Hey, so is Twitter going away then?

poor thing never heard of "hedge fund as a service" 😉

Pat just made the meme investor cool and I love it. be on the look out for PVDX

Is the stock market really "driven by fundamentals"? It sure doesn't seem like it. It seems like an investment vehicle all about "number goes up", except with a veneer of prestige and authority. It seems like there's a big pool of capital controlled by the top end of the income and net worth spectrums that incestuously chases itself following returns, and the stock market is a place that capital goes when other investment vehicles aren't as profitable. Other than stock issuances and maybe buyouts, the actions on the stock market seem almost completely divorced from the real economy, except for when the casino has a bad day and the retirement accounts of regular people are thrashed. Convince me I'm wrong.

You really have to be amazed at the sheer lack of managment savvy at a company that would not have realized the endless shrimp promotion was a dumb idea years ago when it was just a periodic offer, the profits of the restaurants must have been through the floor during the promotion with no upside between the promo periods to compensate.

14:07 🤣🤣🤣🤣🤣

🤣🤣

they still want their monies back Pat? haha

Aaah their breaking the first rule of gamestop club!

Love the Ben Bernak video from back in the day!

8:00 it’s even worse if your 15 years old. Jobs? Own a house?

Too bad we can’t invest in wisdom. I’d be using my rent, diploma, and my lunch money to buy Patrick Boyle.

Spot on, as usual

Maybe it is just a better gamble than holding treasuries from certian countries. Use more of the oil profits to acquire infrastructre, tech, kick start non oil economic development than to spend investing in stock bubbles and the giant ponzi scheme. Some critics argue that the US Treasury market has Ponzi-like characteristics, 1. Dependence on new investors: The US government relies on continuous purchases of new Treasury securities to fund its operations and pay off maturing debt. 2. No clear repayment plan: The government doesn't have a clear plan to repay the principal amount, relying on future generations to service the debt.

China's robust tech sector is unstoppable given its abundant human capital as well as tremendous government subsidies.

Totally missed the mark with this one, Financial Nihilism has nothing to do with the GFC and Iraq. Every aspect of life either has someone nickel and diming you or coin clipping. The money only flows up to parasites at the top who have rigged a game where everyone's time is sacrificed to them.

"F*cking A Jared" 😁 - TBS

Isn't this why we are moving towards a bipolar world? Just like the Chinese housing bubble was obvious.

While there may be some people who invest in Bitcoin with a nihilist mindset, you are wrong to assume that this is the case for all Bitcoin holders. Perhaps you do this because you fail to see the value and utility of Bitcoin, leading you to incorrectly assume that it has none. Just because you cannot see something, does not mean it does not exist, as perhaps you just lack the vision to see and understand it. You can choose to educate yourself until you are able to see the value, at which point you will understand a 100% Bitcoin portfolio is completely rational, or you can choose to remain ignorant and have fun staying poor.

Universal basic income won't lead to people not working. Has anyone making that argument ever been a human? People under UBI will get bored AF if they did nothing. They just won't end up in a job they're actually anywhere from actively loathing to being agnostic about. They'll take employment doing things they actually want to do, or start business doing what they want.

you are waaaaaay overthinking about internet trolls. trolls act as a group because they think that makes them part of something. some are making good money off these trolls.

The only people who get more out of work than their paycheck are the lucky few with a non-"bullshit job". Many (perhaps most) people work for organisations that only exist to cynically exploit their workers, customers, the environment and possibly also their investors. We have forgotten that the economy is supposed to be there to serve humanity, not the other way around. That's what happens when poorly educated and disengaged voters get so easily manipulated by billionaire controlled cynical media and the cynical politicians such media elevates. A UBI sounds better than being dependent on bullshit jobs and sociopathic employers, but until we fix government, a UBI is just going to lead to an impoverished underclass (regardless of how good it sounds when originally sold to the public). If the government isn't providing decent education, healthcare or infrastructure, what makes you think it would provide a decent UBI?

Just FYI, they are the Wachowski sisters.

I've been waiting for this video. So what do us people that want to live logical productive lives do? Will this finally end with the collapse of the dollar?

Interesting side swipe at universal basic income, as far as I know from the studies done on it, people's underlying desire to contribute is part of how it can be a success. The idea is to divorce critical needs like food, water, shelter and medicine from an increasingly chaotic and unreliable job market, letting people use sick days rather than push through (causing damage to the economy through spreading disease or injuring themselves in a more permanent fashion), to reduce the power of abusive or exploitative workplaces (which, according to current behavioural science, are not as efficient or productive as their more stable counterparts). Perhaps there's an underlying task distribution factor that might ultimately need to come into play, but pure financial motivation clearly doesn't distribute tasks optimally either. Most people can't make money from parenting, cleaning, restoration and maintaince tasks are massively necessary but financial motivations often skew the priorities of these tasks where they manage to finance them at all, creative works tend to suffer terribly for it (as an artist, pay per hour is a harsh lesson in compromise that can damage your ability to make something innovative when taken to the extremes demanded by current careers). Not here to be argumentative, just to offer a different perspective on the intent of the thing vs what you might have heard. It seems like financial markets are abstracting and growing divorced from material elements of the economy in ways that are damaging it terribly. As far as I can tell, that's one thing sensible people have in common thinking, despite where they stand on what the solutions to that may be. UBI is one attempt at a stop gap. In a sociological note, I think the comparison draw between this weird financial behaviour rebellion and a previous generation's idea of rebellion is really fascinating and I'm going to be thinking about it a lot.

welp .. guess one day ill be moving furniture for some jackass droid accountant. Guess I'm ok with that as long as it tips us

“Physical Social Network” that’s just what going outside is.

I mean who can blame us

"ya goblin" Mr Boyle, I am dead

It's troubling to see associating universal basic income to a simple "hand out." Some parts of society need protection against changes from technology or geopolitics. As AI evolves and displaces jobs, what will you do with the people who lose their jobs? Leave them behind? Was this feeling of abandonment that drove support to Donald Trump or Brexit. It would be foolish to repeat the mistake.

A truly great video. I am 82

Great points made here. It probably makes sense to inverse the cynicism of Gen X and the Millennials, with Boomer-style B&H index investing, including some bonds.

Don't forget that MBS also stands for Mr Bone Saw

The Duc de Saint Simon - the writer of the memoirs- - spent years petitioning the king and then the regent to be repaid the 500k livres his father had loaned the government. Apparently the regent wanted the Duc to take payment in Mississippi shares. The Duv refused. When I read a translation of his memoirs (not the full work) in high school I thought the Duc was a nasty little man who just had it in for the Kings legitimized children. He also thought Louis XIV's really needed a visible roof. To him it looked burned out. Years later I read about his financial acumen. He came through the bubble untouched. He also had succeeded in demoting the Duc and Duchesse du Maine because of his .constant petitions to the regent.

Based upon your statistics, no, I’m not and I presume those dollar values are USD.

You should differentiate bitcoin from “crypto.” Bitcoin is an extremely powerful asset.

People don’t care fundamentals because non-dividend stocks are basically postal stamps that investors buy between each others that have nothing to do with the companies except bearing their names. The whole thing is a legalized scam and people started seeing it. It’s not nihilism, it’s realism.

Good video as usual Pat. This one could use some editing though ;). #gamestonk

What are people supposed to invest in other than Memes? Boeing, which pays its CEO millions to destroy its value? Red Lobster, which sold everything of value after being bought? And if China went to war with Taiwan, how many Fortune 500 companies would be able to avoid bankruptcy? How many "serious" stocks are themselves basically just distribution hubs with an expensive trademark, and thus badly overvalued? See? If you can't say, with certainty, that a company would at least still be solvent after a market crash, then how is it all not just gambling?

Excellent excellent. As always/ ❤