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[-] Nobody@lemmy.world 160 points 1 year ago

Cramer built his career on misleading investors to pad hedge funds’ profit margins. His opinion on literally everything should be immediately discarded.

[-] Chickenstalker@lemmy.world 31 points 1 year ago
[-] willis936@lemmy.world 21 points 1 year ago

He is the most regarded person on television.

[-] FartsWithAnAccent@lemmy.world 111 points 1 year ago

Jim Cramer is a piece of shit

[-] agent_flounder@lemmy.one 11 points 1 year ago

Hey but at least he's an idiot.

[-] HeyThisIsntTheYMCA@lemmy.world 9 points 1 year ago

nah he's not a piece he's the entire shit

[-] Jaysyn@kbin.social 80 points 1 year ago* (last edited 1 year ago)

Why does Jim Kramer hate America?

[-] JJROKCZ@lemmy.world 46 points 1 year ago

Because fucking over the average American is extremely profitable and he’s gotten rich off of misleading people with his “expert advice”

[-] notabird@lemmy.world 79 points 1 year ago

Wait, don't these assholes complain about Immigrants stealing jobs of Americans? Now, they want to send the jobs overseas?

[-] jasondj@ttrpg.network 34 points 1 year ago* (last edited 1 year ago)

No you see outsourcing jobs is good for conservatives because it prevents illegal immigration and increases profits for the shareholders.

Making living conditions in Mexico so good that they wouldn’t want to come north to our shithole country is the best way to fight illegal immigration and totally pwn the libs.

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[-] MargotRobbie@lemmy.world 44 points 1 year ago

Well, who's going to move all the existing tooling to factory sites in Mexico then? Where are they even going to find good factory sites in Mexico with access to good transportation (ports and rails) and skilled labor force on such short notice?

Moving manufacturing is a major undertaking for any company, of course, I don't expect someone like Jim Kramer to know that.

[-] OberonSwanson@sh.itjust.works 33 points 1 year ago

Of course Jim Kramer doesn’t know, he’s a doorknob humping shill. 😂

[-] MargotRobbie@lemmy.world 14 points 1 year ago

Pretty weird that I know more about this than Kramer.

Maybe I should do a show where I say dumb things and give bad stock advices. Seems pretty easy.

[-] OberonSwanson@sh.itjust.works 5 points 1 year ago

Not really shocking, I’m pretty sure the aforementioned doorknob, could give more insightful investment information than Kramer lol.

Unfortunate that neither of us has an in, to get his job.

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[-] jonne@infosec.pub 14 points 1 year ago

There's already car manufacturing in Mexico, it's not like it's unprecedented. Obviously they can't do it overnight, but it's not unheard of.

[-] MargotRobbie@lemmy.world 14 points 1 year ago

Of course, but the thing is, it's been decades since NAFTA, and all the good sites for manufacturing has all been taken by someone already. So, if they try to move now, not only will they have to build the factory, they'll have to also build power stations/railways/port expansions, which could take multiple years.

[-] GreenMario@lemm.ee 43 points 1 year ago

Mexicans should unionize.

[-] Spendrill@lemm.ee 40 points 1 year ago

Anyone remember when he went on The Daily Show and Jon Stewart scolded him like a naughty child and he couldn't do anything but sit there and take it? Good times.

[-] DacoTaco@lemmy.world 15 points 1 year ago

Got a link by any chance? Jon stewart scolding somebody is a fun 5min entertainment while on the shitter.

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[-] Metal_Zealot@lemmy.ml 34 points 1 year ago

Isn't that the go-to threat from most companies nowadays? "If we don't get our way, we're MOVING TO MEXICO"

[-] 0110010001100010@lemmy.world 8 points 1 year ago

Not always Mexico, but yeah outside the US. Many of them have followed through with that. As capitalism pushes harder and harder for profits companies continue to look for ways to cut costs. Moving production to countries with cheaper labor and lax safety regulations is an easy way to do so.

[-] DrSleepless@lemmy.world 28 points 1 year ago

Is Jim Cramer still a POS? Yep!

[-] ech@lemm.ee 28 points 1 year ago* (last edited 1 year ago)

Anybody that thought Cramer was for anything but infinite rise in profit no matter the cost hasn't really been paying attention to his entire history of shilling for corporate interests.

[-] TheTurducken@mander.xyz 28 points 1 year ago

After they hear this, I expect the big three to immediatly cease all manufacturing in Mexico and add a UAW seat on the Board of Directors. Cramer's advice should never be ignored.

[-] stopthatgirl7@kbin.social 26 points 1 year ago
[-] e_t_@kbin.pithyphrase.net 20 points 1 year ago

I thought I remembered hearing something about an "inverse Cramer" ETF being created, which invest opposite to whatever he recommends.

[-] Uncaged_Jay@lemmy.world 21 points 1 year ago

Hasn't VW proven that's a bad idea? I mean look at the reliability issues they've been having

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[-] blazera@kbin.social 15 points 1 year ago

Move the executive jobs to Mexico too

[-] mwguy@infosec.pub 12 points 1 year ago

They'll find out that they have to pay the Cartels a big tax.

[-] ZombiFrancis@sh.itjust.works 7 points 1 year ago

checks index

Yep this would be a bad idea.

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this post was submitted on 17 Sep 2023
411 points (100.0% liked)

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