enron_ceo [he/him]

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  • 60 Comments
Joined 4 years ago
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Cake day: October 7th, 2020

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  • it def does! if people don't want office space, then rents go down. most of these buildings are highly leveraged with debt, and if they can't hit their projected income targets, then they may have to default on their debt. if they default on their debt, it could have a major impact on capitalism as a whole. office buildings are, as a rule, the most expensive properties, and the ones that pre-covid were thought of as quite stable. it's where "smart money" is parked, like life insurance, the remaining pension plans etc etc



  • enron_ceo [he/him]totraingangBut at what cost? 😔
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    3 years ago

    it often sucks, but I try to focus on highlighting corporate corruption and the societal effects of capitalism, which helps (even if it also helps with the whole narrative of crony capitalism). I also do a lot with our union which helps to fight back against the most $$$$ seeking qualities of our management. tbh tho I could have made a lot more money doing much more societally harmful work. so idk... people are right to hate most journalists though.



  • enron_ceo [he/him]totraingangBut at what cost? 😔
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    3 years ago

    I cover this stuff in the press (boo hiss) and you're 100% right. this is a battle to the death for office owners, and their banks. No one could handle having to actually pay for all of this real estate.





  • enron_ceo [he/him]tomemeswholesome vibes
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    3 years ago

    I'm reading the indigenous people's history of the US right now, and would have to say yes. The British Empire was holding settlers back from nonstop westward movement, but once 1776 hit, the settlers began to expand and begin a campaign of annihilation of indigenous ppl. This is also why most tribes allied w/ the Brits. An empire since day 1!







  • enron_ceo [he/him]tofinance*Permanently Deleted*
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    3 years ago

    I'm not 100% sure, but I think if you stick to Robinhood for index funds and stuff, esp if not pumping and dumping, should be pretty safe. you still have some legal protection