Comment · Fri, July 1, 2022 · ND Owner
Lab Testing Results Of Turkesterone, Beta Ecdysterone, and Gorilla Mind Sigma
Original post in this thread
MisterYouAreSoDumb · 866 points
Okay, so I am finally getting around to make a post about the results of some of the lab testing we have been doing. I've had the results for a bit, but I've been holding off on officially releasing them because frankly it stresses me out these days. It's the same song and dance every time, and it is one I have been doing for a decade now. I release results showing other products are not what they claim, then people attack me and claim I am lying to sell more product. Sometimes the attacks are relatively harmless, and just raise my blood pressure a bit for a day or two. Other times they are death threats to me, my family, and my team. It's not fun sometimes. You'll notice I don't do this nearly as much as I did back in the day on /r/Nootropics. I was younger and more gung-ho then, and had a lot less on my plate. Plus, my family and team kind of pleaded with me to stop doing it so much because of all the attacks and threats. This is why I have not been releasing things like this as much these days. It's not because product quality magically got better in the industry, I can tell you that much! Anyway, let's just get into it.
I woke up this morning ready to jump right into this pos…
What they were answering
M30MM100 · 2 points
You’re correct, there is no black and white definition regarding a recession in the US. When I google “definition of a recession”, this pops up “a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters.”
That’s one of several definitions. The fed, White House, etc. have not declared an official recession - again, whatever that means. However if they do, and I could be wrong, but human nature has showed me that headlines of that nature and MSM hammering that declaration, if it happens, will cause more panic in people than people seeing it as an opportunity.
I agree with most of what you said, but I have a hard time believing that everyone already believes that we’re already in a recession and that authorities declaring one officially won’t change anything. I’m not saying the world will end, I’m just willing to bet it’ll be negative for the market for a period of time. You said “literally” everyone online is saying the sky is falling, yet you and I aren’t 😅
With that said, you’re like 40IQ points smarter than I am so be gentle 😜
u/MisterYouAreSoDumb · ND Owner
That's the thing, everyone defines recession differently. It's kind of a complex concept, as the economy is not just one or two measures. Plus, this pandemic has really thrown things into a place we have not been before. I just drove up to my house in the mountains, and the roads were PACKED! Tons of families from all over the US pulling ATVs, side by sides, sand rails, tricked out Jeeps. These high gas prices don't seem to be stopping many people from driving, that's for sure. Personal savings is higher than it has ever been before 2020, and the number isn't even close. Personal savings in 2019 was $1.23 trillion. Today it is $2.26 trillion. It's almost DOUBLE what it was before the pandemic. Consumers are in a much better place than they were before, which is partly why inflation is being so sticky. Just to contrast it, in 2007 the personal savings total was $353 billion. Americans have 6.4 times as much savings today as just before the 2008 crash. Homeowner's equity is at all time high, too. Q1 of this year has homeowner's equity at $27.77 trillion. Leading into the 2008 crash that was $12.66 trillion. So there is 2.19 times as much homeowner's equity right now. Unemployment rate is a 3.6%. It's impossible for me to fill certain positions right now. There is just not enough workers. Unemployment was 5% in December 2007. I know things seem bad right now, and inflation really does suck. However, we are in a very different place as a country than we were leading up to the 2008 financial crisis.
The fed, White House, etc. have not declared an official recession - again, whatever that means. However if they do, and I could be wrong, but human nature has showed me that headlines of that nature and MSM hammering that declaration, if it happens, will cause more panic in people than people seeing it as an opportunity.
Will there be a temporary panic? Probably so. However, look around the markets right now. If this isn't panic, then I don't know what is. Shopify stock down 78%. Peloton down 92%. Cryptocurrency teetering on multiple bankruptcies and possible liquidations. We are in panic right now! Granted, some of the stocks down the most were really overvalued. However, there is a ton of fear in the markets right now. You've got the Ukraine situation. You've got trade wars still going. You got supply chain shortages. You still have COVID going on. Lots of uncertainty. Markets are forward looking and fearful. Eliminating some of that uncertainty seems to have a positive effect on the market.
I’m not saying the world will end, I’m just willing to bet it’ll be negative for the market for a period of time. You said “literally” everyone online is saying the sky is falling, yet you and I aren’t 😅
I've come to learn that if I assume everyone else is thinking like I am, I am going to lose every time. The general public is thinking very differently than I am. Also, I am normally a doom and gloom guy. I thought the markets were going to crash before the pandemic even happened. I was waiting for a crash to buy a house like everyone else. However, I had to really sit down and assess my thought process. I came to realize that I didn't think a crash was going to happen. I wanted a crash to happen. I wanted to buy things cheaper. When I admitted that I was not being objective in my assessment, I came to my senses real quick. I think a lot of people are frustrated that they have been priced out of things, and they want an 08 style crash to happen so they can get in cheaper. The issue is that I know tons of people saying the same thing. They are sitting on the sidelines with their cash reserves just waiting to pounce. When you have so many people like that, any dip in the market is going to be bought up. Tragedy of the commons. There's too much cash in the market right now for an 08 style crash to happen. Again, I can always be wrong. However, I think we are in peak fear right now, and once we get through this period of uncertainty people are going to realize things are going to be fine... or the world will end and we will all fight each other for canned goods. LOL