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  • ancjr

    1 Kings 18:17-18 KJV
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    Well, I’m not the guy to ask.
    When the Dow topped 3000, I was just a kid but my dad went on and on about how that was unsustainable, and he preached that every major mark it went over til about 18k when he finally gave up.
    From my viewpoint, you can’t count on it going up all the time, but many won’t short the market.
    Don’t bet on equity, bet on the pendulum moving.
    But, it appears I have turned in to my dad.

    You're younger than myself then. Inflation aside, I remember when I could use my dollar, locally, to buy anything I really needed, without going to a town large enough to have a Walmart. It's not just that the dollar has lost value it's even lost context being that everything is mass produced offshore. But then again, I may sound like a rambling old fool.
     

    ditcherman

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    In the country, hopefully.
    You're younger than myself then. Inflation aside, I remember when I could use my dollar, locally, to buy anything I really needed, without going to a town large enough to have a Walmart. It's not just that the dollar has lost value it's even lost context being that everything is mass produced offshore. But then again, I may sound like a rambling old fool.
    Do you think that the “old ways” of everything local that we pine for could have gone any other way, with the proliferation of all the dollars and the drive of the opportunists and capitalism? Could it have been stopped, or turned a different way?
    The only reason to even consider these questions is to try to do better moving forward, if it’s even possible.
    Just some rambling thoughts I guess.
     

    ancjr

    1 Kings 18:17-18 KJV
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    Do you think that the “old ways” of everything local that we pine for could have gone any other way, with the proliferation of all the dollars and the drive of the opportunists and capitalism? Could it have been stopped, or turned a different way?
    The only reason to even consider these questions is to try to do better moving forward, if it’s even possible.
    Just some rambling thoughts I guess.

    It's all academic at this point. But 100% local is no more robust than 100% imported. Just consider the success rate of 1800's pioneer communities... but then you could argue that at least the survivors of a local collapse did have a chance, no matter how small, to move to a better town...

    That said, I don't put much confidence in comparisons of historical economic data. When someone says a metric was so and so, in such and such a year, and is X% better today, the values lose context the further back you go. Technological and regulatory landscape is too disparate as you travel along the timeline in either direction from a given point. God only knows.
     

    ditcherman

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    In the country, hopefully.
    It's all academic at this point. But 100% local is no more robust than 100% imported. Just consider the success rate of 1800's pioneer communities... but then you could argue that at least the survivors of a local collapse did have a chance, no matter how small, to move to a better town...

    That said, I don't put much confidence in comparisons of historical economic data. When someone says a metric was so and so, in such and such a year, and is X% better today, the values lose context the further back you go. Technological and regulatory landscape is too disparate as you travel along the timeline in either direction from a given point. God only knows.
    Wow you are older than me, you’re competing with CM if you remember the 1800’s!

    Seriously though, you are correct, only God knows, and it’s just academic for us at this point.
     

    PistolBob

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    Why has the price of boneless skinless chicken breast meat stayed under $2 a pound, and remained in good supply, yet chicken wings have gone from $1.29 to almost $4.00 a pound in the last 12-16 months, and many stores never seem to have them in stock.
     

    DoggyDaddy

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    Why has the price of boneless skinless chicken breast meat stayed under $2 a pound, and remained in good supply, yet chicken wings have gone from $1.29 to almost $4.00 a pound in the last 12-16 months, and many stores never seem to have them in stock.
    I've been wondering that about wings for a few years now. Makes no sense to me, but I'm guessing it's just due to demand (think of all the wing joints around, plus sporting events where wings are served as snacks for those watching at home).
     

    PistolBob

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    I've been wondering that about wings for a few years now. Makes no sense to me, but I'm guessing it's just due to demand (think of all the wing joints around, plus sporting events where wings are served as snacks for those watching at home).
    Someone somewhere was saying that the poultry processors were just sending the wings to the pet food companies to be ground up and put in pet food. Said it was cheaper for them to do that than process them for human consumption. I don't buy that, it'd be cheaper to just leave them on and sell them with the bone in breast...I do realize it is "wing" season with fall approaching and football season and basketball season and hockey season all ramping up....but jeeez...used to buy a package of 20 raw wings (not frozen) for about $4....can't hardly find them now.
     

    DoggyDaddy

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    Someone somewhere was saying that the poultry processors were just sending the wings to the pet food companies to be ground up and put in pet food. Said it was cheaper for them to do that than process them for human consumption. I don't buy that, it'd be cheaper to just leave them on and sell them with the bone in breast...I do realize it is "wing" season with fall approaching and football season and basketball season and hockey season all ramping up....but jeeez...used to buy a package of 20 raw wings (not frozen) for about $4....can't hardly find them now.
    I get mine at Aldi. 3 lb. bag (frozen) is about $9.49 and they're big wings. At Kroger, a 3 lb. bag is anywhere from $12.99 to $13.99.
     

    PistolBob

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    I get mine at Aldi. 3 lb. bag (frozen) is about $9.49 and they're big wings. At Kroger, a 3 lb. bag is anywhere from $12.99 to $13.99.
    I like my wings to have a little crunch, the frozen ones I have tried seem to have a LOT of moisture in them, water probably injected to boost bag weight....so I will use them in a pinch but I prefer fresh raw wings.
     

    DoggyDaddy

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    I like my wings to have a little crunch, the frozen ones I have tried seem to have a LOT of moisture in them, water probably injected to boost bag weight....so I will use them in a pinch but I prefer fresh raw wings.
    I cook mine for an hour at 360 (after thawing and draining) with a dry rub seasoning, then sauce them and put them back in the oven uncovered at 450 for half an hour to crisp them up. I'd like to have an air fryer that was big enough to do a whole batch, but we don't have that much counter space in our kitchen.
     

    PistolBob

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    I cook mine for an hour at 360 (after thawing and draining) with a dry rub seasoning, then sauce them and put them back in the oven uncovered at 450 for half an hour to crisp them up. I'd like to have an air fryer that was big enough to do a whole batch, but we don't have that much counter space in our kitchen.
    I put mine in a bowl and season with salt pepper and garlic powder, then lay them out on a rack and let them sit uncovered in the fridge overnight...so they dry out a little bit. Then I toss them in a bowl and sprinkle a LITTLE bit of baking powder (NOT baking Soda) on them to help with the crispiness, then back to the rack. I bake mine in a 425F oven for about 20 minutes, flip them over, and bake 10-15 more mins. I make three different sauces, plain BBQ sauce, garlic parmesan (olive oil, fresh smooshed garlic, black pepper, and powdered parmesan cheese), and good old Frank's hot sauce and butter. Once the wings are done I toss them in a bowl with whatever sauce I want....usually make half BBQ and half hot sauce...when my sister comes over she likes the garlic parmesan. Now I am hankerin' fer a batch!!
     

    Blackhawk2001

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    You want to see what SHTF looks like, look to China...

    I don't know who they can invade to gain electricity...

    I saw a YouTube video about that a few weeks ago. Think I also read an article online. There's a YT channel called TFIGlobal which talks quite a bit about the Far East. It's Indian, and rather propagandist in nature, but they cover things the MSM doesn't and they provide at least a bit of perspective different from the pro-China slant of the news we get here.

    China has big problems, both with its aging population and with electric power.
     

    jwamplerusa

    High drag, low speed...
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    Do you think that the “old ways” of everything local that we pine for could have gone any other way, with the proliferation of all the dollars and the drive of the opportunists and capitalism? Could it have been stopped, or turned a different way?
    Possibly not in quite the same way you mean, however I believe one of the critical inflection points was our decision to buddy up to China.

    Under the arguably false pretense that our trading with China would somehow bring them to see the wonderful attributes of capitalism and democracy we entered into a devil's bargain with communists. This of course was largely underpinned by the corporations wanting cheap stuff. Cheap labor, cheap materials, and most importantly cheap infrastructure. No messy EPA no messy OSHA none of those nagging bureaucracies that cost them time money and efficiency.

    This is one of those areas where President Trump had my strong support. You don't enrich your enemies by sending them your business. Pushing back on China's free rein into our economy was an appropriate action for a United States president. The sad fact that he was the first in 40 years to do so is what is truly shocking and likely criminal.
     

    ditcherman

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    In the country, hopefully.
    Possibly not in quite the same way you mean, however I believe one of the critical inflection points was our decision to buddy up to China.

    Under the arguably false pretense that our trading with China would somehow bring them to see the wonderful attributes of capitalism and democracy we entered into a devil's bargain with communists. This of course was largely underpinned by the corporations wanting cheap stuff. Cheap labor, cheap materials, and most importantly cheap infrastructure. No messy EPA no messy OSHA none of those nagging bureaucracies that cost them time money and efficiency.

    This is one of those areas where President Trump had my strong support. You don't enrich your enemies by sending them your business. Pushing back on China's free rein into our economy was an appropriate action for a United States president. The sad fact that he was the first in 40 years to do so is what is truly shocking and likely criminal.
    Well said and agree.
    I was never as much of a Trump fan as you but I liked him for those same things, I was just slid down the scale a bit.
     

    BehindBlueI's

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    When the Dow topped 3000, I was just a kid

    I remember that. Seemed like a big deal at the time. The economy and GDP have continued to grow, though I've been a scaredy-cat for the last 24 months or so. I've been sitting on too much cash but been nervous to put more than my normal in the market. Missed a lot of gains, but I slept better at night.
     

    Leadeye

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    You would think that with all the solar stuff coming out of China that they would be flush with electricity, at least that's the story being sold to Americans.
     
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