Endure

Goldman Sachs warns US stocks could plunge another 16% before rapidly recovering.

That plunge is certainly possible. Likely, even. Still leaving some of my powder dry just for such an eventuality. I think the outside risk is another 40% fall, the minimum is another 10%. I’d say 16-20% sounds reasonable.

Unfortunately that will come with a lot of job losses, pain and misery to many millions, all inflicted on those who can least endure it while we frantically bail out the banks. Isn’t America a great country or what?

Sight Of It

What’s odd is that most people are just realizing this now, even liberals, when I and others have been saying this for years. Many look but do not see, have brains whirring but not actually thinking. Or perhaps it was just wanting to disbelieve the obvious truths before their eyes.

Swine

It’s great what the woman who originated this thread is doing for her parents, but it’s shocking just how pig-ignorant so many people are.

Ok, that’s not fair to our suid friends — they are after all quite intelligent.

How exactly have we produced a society where so many people know so very little about anything, even regarding events that will have huge impacts on their lives? Is this just a necessary state of affairs? Or what? I can’t understand it. I know that most people just are not very curious at all but this general ailment seems more than just lack of curiosity.

Knives

I enjoyed Knives Out more than any movie I’ve seen recently. It was good fun. Jamie Lee Curtis, Toni Collette and Chris Evans all did outstanding work in the film. And as Emily points out, it relied on plot rather than pacing and camera tricks to drive the narrative.

Recommended.

Detectors

Howard Gardner’s theory of “multiple intelligences” does not hold up well, but that’s mainly because it’s still operating too much on the scientific-rationalist isolation of variables environment, and the world just does not function that way at all. So I mostly agree with Visa here.

For instance, I have a very high-resolution bullshit detector. I don’t mean lying, necessarily — that’s different. But the reason I knew roughly what was going to happen with Covid-19 is because of my intelligence in that area and my ability to just see through BS without much effort. How exactly do you measure that? It only works in a real-world scenario, but it works quite reliably.

Science will always miss just huge areas of human endeavor and capacity. There’s no way around that.

Bonded

A few months ago, people like me were pilloried for suggesting that there were a lot of very weak corporate bond issues out there that posed economic risks. We were merely observing that if any significant choppy economic waters were encountered bad things would happen.

Soon enough, we’re going to see that I was right.

Market should be fun tomorrow.

No Biden No

Coronavirus is making it much more likely Joe Biden will be our next president. Not because of the effects of the pandemic directly or even Trump’s incompetence, but because the decrease in economic activity will likely tip the economy into a recession coinciding with the election.

Presidential elections during recessions tend not to favor the incumbent. So…Biden. Fuck.

No Prep

We are not hoarders or preppers in our household. Yet we started stocking up on extra food and supplies weeks ago, when Covid-19 was still raging in China.

I might be smart on paper, but real-world IQ tests are where it really matters. I tend to pass those and intend to keep doing so. I knew what was most likely to happen, acted on it, and now what I thought would occur is upon us.

And I’m proud to say that I mercilessly made fun of the “smart” people throughout as they failed and flailed. Worthless.

Making It

Puff pastry pierogies. Better if any cheese is in the house, but not necessary.

Just a Stutter

I’m a speech pathologist EXPERT and that’s just a STUTTER. Forgetting a basic fact like how long it is until the next election in which you are running is definitely not a sign of cognitive decline. Thinking it’s anything other than a stutter is, like, racism or something. Or some other -ism that’s bad, whatever makes me look better and you look worse. Believe me because I know these things. As I said I am an EXPERT.

Won’t Get Fooled Again

I’m glad the econners’ (double meaning very much intended) nonsense and bullshittery is getting righteously slapped down.