Global Depression 2022 - Time to do the Breadline Boogaloo!

[The Ugly One]

I'm not so much concerned with temperature changes (except in cases of brassicas), but more of rainfall patterns. You can supplement water in drought, but you can't get rid of extra water.

Humidity = disease, and disease is big bad. That and it becomes impossible to harvest if the rain comes at a bad time.

Same applies to rainfall as temperature. Patterns aren't going to change overnight.

 

[Glowie]

Humidity = disease, and disease is big bad. That and it becomes impossible to harvest if the rain comes at a bad time.

Think what a typhoon can do and muddy flood waters can do, take a look at Hubei, China's breadbasket got submerged, hit with locusts and soil is polluted by toxic muck. Other rice dependent nations are doing just fine, Japan, Vietnam and Laos are getting by. Rice, soy and wheat farms are doing just fine in United States who produce soy to developing by metric ton.

 

[Smoke Manmuscle]

With regards to hydrogen production there a number of processes that have hydrogen as a byproduct. Chlorine production is an example. You react salt brine with water, a catalyst and electricity and you get chlorine gas, water caustic soda and hydrogen. The hydrogen is usually off gassed as a waste product. There are gas turbine manufacturers that are now advertising units that run on hydrogen. If you co-locate a turbine you solve the transportation issue.

 

[Darkholme's Dungeon]

Think what a typhoon can do and muddy flood waters can do, take a look at Hubei, China's breadbasket got submerged, hit with locusts and soil is polluted by toxic muck. Other rice dependent nations are doing just fine, Japan, Vietnam and Laos are getting by. Rice, soy and wheat farms are doing just fine in United States who produce soy to developing by metric ton.

TBH the bigger concern would be processing facilities get fucked. Since that's where the US bottleneck appears to be. I don't know much about them.

 

[Rei is Shit.]

 

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What's the "Preliminary benchmark" bit about?

 

[George Lucas]

A friend of mine told me his company sent everyone an email offering severance for those who choose to quit. I imagine this is happening at several companies. We could be seeing tech layoffs, round 2.

I did give him some advice. I told him to take the offer. If his company finds him too valuable, someone higher up will intervene and he may even get a raise out of it.

 

[dustbuster]

This would be round 3 or 4 for the tech sector, ackkshually.
The first rounds happened way back in Q4-21/Q1-22 (depending on the company), and several large rounds have happened.
I've personally seen radical reductions in headcount of 40% and am now doing the jobs of 4 people.

The fun part is CRE.
There's a 60% vacancy rate for urban office towers.
Once those leases come up en masse, the bottom falls out and banks go demanding bailouts.

 

[NoReturn]

This would be round 3 or 4 for the tech sector, ackkshually.
The first rounds happened way back in Q4-21/Q1-22 (depending on the company), and several large rounds have happened.
I've personally seen radical reductions in headcount of 40% and am now doing the jobs of 4 people.

The fun part is CRE.
There's a 60% vacancy rate for urban office towers.
Once those leases come up en masse, the bottom falls out and banks go demanding bailouts.

Thus all the pushes for return to office.

On the RTO team:

• Busybody middle managers
• City councils missing out on their tax money
• City businesses going under (the only ones I feel bad for)
• Real estate demons who will miss out on rental income

On the "Fuck you if it's a laptop I can do it at home team"

• Workers

 

[HTTP Error 404]

The fun part is CRE.
There's a 60% vacancy rate for urban office towers.
Once those leases come up en masse, the bottom falls out and banks go demanding bailouts.

They've gotten increasingly desperate to push us back to the office so I'm guessing those leases are coming up sooner and sooner.

And yeah they've been doing mass layoffs in bursts as to not freak out people too much. But it's not working. We're gonna see a whole lot of techbros and stemwhores suddenly being shoved into reality soon and it's gonna be glorious.

 

[dustbuster]

We're gonna see a whole lot of techbros and stemwhores suddenly being shoved into reality soon and it's gonna be glorious.

There's a huge difference between real tech companies subject to the requirement for results and profits and the silicon valley frauds like various "social media" where people come to work to play tennis near the juice bar.
I'm a "tech bro" who is never off clock, and I'm easily doing 80 hour weeks covering the jobs of 4 people.
At this point the "fat" has long been trimmed. Most firms are starting to chip pieces of bone off at this point.

On the "Fuck you if it's a laptop I can do it at home team"

• Workers

You forgot budget-minded politicians and parents of young kids who don't need to shell out horrific amounts for "childcare costs" if they can work from home.
You don't need that extra tax revenue if you have a 70%-80% cut in "childcare assistance"
Oh yeah, and the greens. No commute means massively lower carbon footprint. (Not to mention a long-term trend of this means we don't have to budget for continuous road expansion and can count on a reduction in wear)

 

[Audit]

The hardcore science firms are rejoicing at the SV collapse. Most of the less glamorous tech companies (think the guys who make turbines and microelectronics) can't afford to compete with google and facebook on software devs. Anyone with a serious coding or electrical engineering background will have no problems whatsoever finding a new job, albeit at much lower pay compared to the cess pool formerly known as San Francisco. But hey, pay might be lower, but the cost of living is lower too, and you might even be able to live outside of a bug hive.

In short, may all advertising fueled corporations die in a fire so that I can finally get a software stack that isn't trash. God-willing, apple will install adblockers on all apple products just to put the nail in google's coffin.

 

[dustbuster]

pay might be lower, but the cost of living is lower too,

Try again.
I left california over the lockdowns as soon as I could.
By late 2021 the prices in the heartland states were the same as california was in 2019.

may all advertising fueled corporations die in a fire so that I can finally get a software stack that isn't trash

I hate to break this to you, but agile cloud based apps (current "trend" in silicon valley) are coded like shit and band-aided with constantly relaunching kubernetes instances

 

[George Lucas]

Try again.
I left california over the lockdowns as soon as I could.
By late 2021 the prices in the heartland states were the same as california was in 2019.



I hate to break this to you, but agile cloud based apps (current "trend" in silicon valley) are coded like shit and band-aided with constantly relaunching kubernetes instances

Real technology doesn’t even touch Kubernetes. It’s all Fortran, NumPy, Plain ol’ C, and embedded OS stuff.

WebDev is where mediocre devs with inflated VC-fueled salaries go to die.

 

[Rei is Shit.]

What's the "Preliminary benchmark" bit about?

Governments initial guess.

They've gotten increasingly desperate to push us back to the office so I'm guessing those leases are coming up sooner and sooner.

And yeah they've been doing mass layoffs in bursts as to not freak out people too much. But it's not working. We're gonna see a whole lot of techbros and stemwhores suddenly being shoved into reality soon and it's gonna be glorious.

Sept. 15 is when third quarter tax estimates are due.

 

[Autistic Joe]

View attachment 5325627

Looks bad, but maybe not as alarming as it seems at first glance. It's basically back on-trend to where it was headed before the Covid lockdowns & handouts.


Really not that surprising, to be honest. Once the government gibs ran out, people had to go back to putting more on credit. Granted it's a terrible habit, and revolving high-rate credit card debt is a sure-fire way to stay poor, but it's apparently manageable for a long time.

Another thing to consider - which these graphs rarely do - is the per-capita amount of debt, and more importantly what is the percentage of income. That introduces two more variables, and I wouldn't be surprised if it's actually about the same as before Covid (or lower) when measured that way.

 

[Vyse Inglebard]

Another casualty of the 2020s recession/depression.

 

[Glowie]

TBH the bigger concern would be processing facilities get fucked. Since that's where the US bottleneck appears to be. I don't know much about them.

Soy is processed into goyslop for Shanghai and Beijing metropolis bugmen, pure soy grain is sent through ship, lighter cargo is sent through planes. Problem isn't on US' end China's ports are clogged and short staffed.

A friend of mine told me his company sent everyone an email offering severance for those who choose to quit. I imagine this is happening at several companies. We could be seeing tech layoffs, round 2.

I did give him some advice. I told him to take the offer. If his company finds him too valuable, someone higher up will intervene and he may even get a raise out of it.

Bigger companies need experienced eggheads, not diversity hires anyone in upper brass who isn't retarded realizes that laid off employee is all too happy to bring his talent and company secrets to competing companies. Who would be more than happy more and little extra for those trade secrets and proposed patents.

 

[Judge Dredd]

What are your experiences talking to normies about this stuff?

When I talk about the collapse, or the competency crisis, or Birmingham going bankrupt, normies either shrug it off as not a big deal, ignore it, or deny it outright ("if it were true it would be all over the news.").

 

[Kupier]

What are your experiences talking to normies about this stuff?

When I talk about the collapse, or the competency crisis, or Birmingham going bankrupt, normies either shrug it off as not a big deal, ignore it, or deny it outright ("if it were true it would be all over the news.").

Something something Biden/Trump something. A simpler way of looking at things when you don't want to understand how complicated things are.