https://x.com/adamscochran/status/1995501382171025884
My money is on the Chinese shutting down their gamer gatcha market to Japan dominoing to the AI market imploding via Nvidia going bankrupt or some shit
https://x.com/adamscochran/status/1995501382171025884
My money is on the Chinese shutting down their gamer gatcha market to Japan dominoing to the AI market imploding via Nvidia going bankrupt or some shit
Most American retail is in the red until Christmas season, so it would make a lot of sense if consumer markets waited until about Christmas time to realize that they’re crashing.
While I’ve heard this repeated my whole life (“it’s called Black Friday because that’s when we’re finally in the black”), but I just have a really hard time accepting that the arch capitalists who run this country really operate the whole thing on a loss for 11 months and make all their profit in December? They rip us off every fucking day; there’s no way they start making real money in December.
Or maybe because the fiscal year rolls in Sept or idk June, so they’re showing profit after 3-6 months, which is maybe feasible
Yeah, that’s made up marketing speak. It was created so that people would associate the name with something positive. The term originally came from police who hated dealing with the accompanying crowds and traffic.
I thought it was retail staff whp just dreaded the day
When you’re rich, you can budget in terms of years. In fact, almost all “successful” businesses operate at a loss for five years or more before they are consistently profitable. The whole thing is held together with debt, family fortunes, and con jobs
For all we know the economy could be in free fall for like 6 months now but no economic reports means no problem.