Episode description

Gas prices, stock market problems, baby formula shortage, Texans asked to turn up thermostats after sweltering heat knocks six power plants offline, Railroaders quitting after ‘draconian’ attendance policy, Plastic-Eating Enzyme, what’s happening with the stock market, & Charles Bukowski “You lose what individualism you have" the "life" checklist.

Quick Clips -
Texans asked to turn up thermostats after sweltering heat knocks six power plants offline - source
Railroaders quitting after ‘draconian’ attendance policy - source
Plastic-Eating Enzyme - source

What's happening with the stock market? -
"The share of companies in the United States which were profitable after their IPO has been decreasing year-on-year over the past decade from a peak of 81 percent in 2009. In 2020, only 22 percent of companies were profitable after their IPO."
US Household debt nears $16 trillion despite rising rates and inflation, credit card balances at $71 billion. Markets are propped by a lot of borrowing from low interest rates and if they don't it can cause extreme interest rates. The markets are scared and broken.  80% of all US dollars in existence were printed in the last 22 months (from $4 trillion in January 2020 to $20 trillion in October 2021). A stagnant economy and "the stock market is a chart of rich people feelings".

Charles Bukowski “You lose what individualism you have" the "life" checklist -
“You lose what individualism you have, if you have enough of course, you retain some of it, but most don't have enough, so they become watchers of game shows, y’know, things like that. Then you work the 8 hour job with almost a feeling of goodness, like you’re doing something, and you get married, like marriage is a victory and you have children like having children is a victory, but most things people do are a total grind, marriage, birth, children, it’s something they HAVE to do because they have nothing else to do. There is no glory in it, no esteem, no fire, their lives are flat and the earth is full of them. Sorry, but that's the way I see it. I could not accept the snail’s pace 8-5, Johnnie Carson, merry Christmas, happy new year, to me it’s the sickest of all sick things.”

This episode is sponsored by Joe Ugly Apparel - www.JoeUglyApparel.com
Stylish, bold, & modern apparel. For the rare misfit. Be something different. Be a misfit. Joe Ugly Apparel

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