This just proves how much dumb money is out there

Discussion in 'Wall St. News' started by S2007S, Oct 24, 2024.

  1. newwurldmn

    newwurldmn

    commenting on how much someone else spent on something is an elaborate way to say you are poor.
     
    #11     Oct 25, 2024
  2. I know you are waiting for something to hit me with, but you have to be more eloquent if you want to play this game.
     
    #12     Oct 25, 2024
  3. newwurldmn

    newwurldmn

    No. I wasn’t hitting you with anything. I was commenting on the OP.
     
    #13     Oct 25, 2024
  4. S2007S

    S2007S

    #14     Oct 25, 2024
    nitrene likes this.
  5. VicBee

    VicBee

    There has been so much wealth creation and concentration over the last 2 decades that we as a society can't fathom what can and cannot be bought. Even luxury creators can't seem to meet demand from those who can afford.

    Million dollars cars, multi million dollar houses, high multi million yachts.... More, more!
     
    #15     Oct 25, 2024
  6. Specterx

    Specterx

    Seriously. The enormous mountains of wealth are astonishing even compared to the early 2000s - aggregate wealth of US households is something like 3x what it was before the GFC. It's in a different universe from figures in the 1970s-80s.

    The real key has been government policy which, since 2008, rushes in to rapidly arrest any broad-based selloff in asset prices. A few tens of billions of dollars deployed by the Fed once every few years is responsible for at least $50 trillion in incremental asset valuation. Certainly the biggest payoff ratio of any government spending by multiple orders of magnitude.
     
    #16     Oct 25, 2024
    nitrene and SunTrader like this.
  7. SunTrader

    SunTrader

    Or coming from the other direction but with same sentiment:

    "Cocaine is God's way of saying that you're making way too much fucking money." — Robin Williams
     
    #17     Oct 25, 2024
  8. There isn't any God. All gods were made up by human beings in history. I love Robin William's work but his take on this is wrong.

    He was addicted to cocaine and instead of admitting that he went to make a very poetic sentence about it.
    That sentence is not about money is about addiction. Learn to read between the lines.
     
    #18     Oct 25, 2024
  9. SunTrader

    SunTrader

    It was figure of speeeeeeeeeeeeech .......... and a joke. Over your head it seems.

    I'm speculating but if he were still alive and read that nonsense above he prolly say, go eff yourself. :D
     
    #19     Oct 25, 2024
    Drawdown Addict likes this.
  10. nitrene

    nitrene

    Well that's because he took steroids for the last 10-15 years of his playing career. Remember the BalCo company that distributed test-proof steroids that McGwire, Canseco, Bonds and other bay area players took? It was a synthetic steroid that masked itself on tests by looking like something the body itself would create. I believe Alex Rodriguez, Roger Clemens, Samy Sosa and countless NFL players also used the BalCo steroids to beat the steroid test of the late 1980s & early 1990s (Lyle Alzado took them too & he famously died from a brain tumor).

    Because of that era McGwire, Bonds, Clemens will never be inducted into the Hall of Fame. No different than Pete Rose or Shoeless Joe Jackson. If I remember correctly McGwire & Canseco used to hit 35-45 home runs per season before the use of those steroids that really transformed his body into the Terminator that he looked like when he went to St. Louis. In the early 1980s he was very thin and tall -- wiry as they say.
     
    Last edited: Oct 26, 2024
    #20     Oct 26, 2024