Hello. I am John Nasdaq owner of the Nasdaq. How would you rate our recent performance? A. :) B. :| C. :(

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>I promise I won’t sell like a b&@ch this time There's no need to lie

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Can someone ELI5 why they are buying back class B stock and diluting class A?

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what other companies does RC touch so I can avoid 

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The genius of RC. Wait for a pump then dilute. Diamond hands you apes 

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ah the RC special, dilute and crater

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I’ll tell you how I got into carrying too much of a balance in my 20’s and 30’s: wanting stuff, sometimes needing stuff, and paying all of our income out on mortgage, car notes, and importantly, child care. And that’s how I got $25k piled up to B of A, Citi, and someone else I can’t even remember. Hobbies: road bicycling, fucking video games, and apparently, repairing cars. Just judging on why I bought a 6 year old BMW at 35…. Gawd. Stupid, stupid, stupid. Anyway, income stagnated for a decade, 2007-2017, had another god dam baby, cards still needing to be paid off. Needed an HVAC system in 2014. You guessed it: took a loan from the god dam power company to pay for that. Anyways, I got out of the consumer death debt trap in 2021. Never going back. I’ll eat my fucking dog in Springfield, Ohio if it means I stay out of debt.

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M A N I P U L A T I O N M A S T U R B A T I O N

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It's not about a "recession." It's about whether interest payments on the federal debt become a spiraling and unsustaintably large part of the federal budget, risking either a sovereign debt crisis or austerity or massive tax hikes. Any of those would cause a recession. But they will come first. it's not an instant thing. It's more of a the longer this goes on (debt turning over at higher rates) the sooner the crisis will come. To understand this you need to think about the mechanics of how the US debt is financed. It's financed through treasury bonds with fixed terms. So, what happens when a 10-year t-bill comes due? It's not like we suddenly cut the budget or raise taxes. (That would be crazy). Instead, we simply issue a new bond. So when A's bond is due, treasury issues a new bond at auction, B buys it, and treasury uses the money to pay A. Life goes on. But what happens when the old bond was at 2% interest and the new bond is at 4.5% interest? Suddenly there is a real change. The total interest on the federal debt being paid out increases. It keeps increasing so long as old bonds keep turning over into new bonds with higher rates. The longer higher rates go on, the more bonds turn over every day into the higher rates, the more interest we have to pay, the more fucked we become. At a certain point, it will all become impossible to keep up -- interest payments will be so high we'll have to either dramatically raise taxes, dramatically cut spending, or just do nothing and turn into Greece. Alternatively, a fourth option is to just lower interest rates -- inflation be damned -- and inflate away the debt. A "benefit" of high inflatino is that it makes the weight of past debt comparatively less burdensome. So a good bout of hyperinflation is also possible, although that would likely be pretty painful. I genuinely believe we could be forced into hard choices in about five years. Party has been going on for a long time -- because rates were near zero and debt didn't matter -- but the bell is starting to toll.

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On the bright side, there's a popular R&B artist that has about 1000 containers of lube they won't be using which you could look into

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