As long as GrubHub has 20 million active customers and DoordDash may have just as many, people do have plenty of money to spend. Typical driver makes $7-$10 per delivery, so that’s how much 20 million people pay for the luxury of having food delivered. And there are plenty of companies shipping weekly and monthly subscriptions of food, cosmetics, and other stuff. None of that can function when people don’t have money.
Yep! This guy is a genius. Basically, when the currency is completely worthless even by the worthless standards of fiat, a new currency will be created and intensely managed for the first little while. According to Dalio's debt crisis book, it may not necessarily completely destroy your standard of living. This can be done well, or badly.
I have never used any of those services and never will... Grub hub and door dash, I would never spend the premium amount of dollars fools spend to have a slice of pizza delivered or a frappuccino ...to be honest these companies have actually caused the price of take out to surge in price. Aside from all that, one thing we have never witnessed is these companies going through a deep recession. Most of these companies have been only around a small amount of years and have never witnessed any type of economic slowdown, not only that but what a saturated market it is...the day the US enters a recession these companies will be struggling to find idiots who want to spend $17.87 to hand deliver 2 smoothies. Fu*king outrageous what fools will spend money on.
WHO ARE YOU TO CALL OTHER PEOPLE FOOLS WHEN THEY SPEND THE MONEY HOWEVER THEY LIKE. ARE YOU NOT THE FOOL MISSING THE ENTIRE RALLY NOW HAVING TO DIG THE DITCHES BY THE SIDE OF THE HIGHWAY FOR THE REST OF YOUR LIFE... OF COURSE YOU CAN'T AFFORD A F'ING COFFEE. CALL YOUR F'ING BANK. TODAY.
Why am I calling my bank? And I heard digging ditches pays pretty well, it's like the story of being a kid amd hearing people tell you dont be a garbage man when you grow up, little did they know that garbage men make great pensions and over 6 figures a year with overtime!!!!
mister. You are an intelligent man. You are just butt hurt from missing the rally. If you ever find it in you to let it go there is still time. when that top finally comes AAPL will be $1000. call the effing bank.
Ohhh call the fu×king bank to take loans out to buy apple stock and profit off it until it reaches 1000 a share? Oh I have my retirement fund, it gained 26% last year, this year I hope it gains 39% due to fed intervention. I'm pumping it up with many dollars to catch the rally. No worries.