true words

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Plumber?

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moonshiner

My BIL is a roughneck with a degree in Finance from TXSt. Despite is financial expertise (per his wife) in the last 6 yrs since graduating (been in O&G for 5) he has...

Before O&G
- bought a cheap used truck
- bought a cheap used motorcycle
After O&G
- traded in truck (was upside down) for a new $45k GMC. Added various aftermarket accessories.
- bought a used wave runner
- traded in motorcycle for a Harley
- Downgraded GMC to a used Ford F150 with Ecoboost for lower payments and gas mileage so he could afford a house payment after knocking up and marrying girlfriend
- sold wave runner at a big loss
- sold Harley at a loss (did not even recover what he owed at the time)
- traded in F150 (after damaging it mudding and once again he was upside down) for a used F250 (good bye cheaper payments). Added various aftermarket accessories.
- traded in F250 (of course he was upside down) for newer F250 Diesel (hello higher fuel and maintenance costs). Added various aftermarket accessories.

He has no savings.
They are fixing to have kid #3 (3 kids under 3 yrs old).
Wife makes $20k/yr and will be quitting to be a stay at home mom (couldn't afford daycare for 3 kids in diapers anyway).
He has survived 2 layoffs but his company is now just surviving off of pre-bust contracts and it's only a matter of time before damn near everyone gets cut loose.

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I sure am glad that I'm working in an industry like tech where I'm immune to industry downturns

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Not working in 2000-2002 I take it?

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joke brah

People keep saying there will be a lot of trucks put up for sale, but where do you find these sales? Are most people under water and just wait for the repo man?

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...Oh, and the economy is doing just fine,...

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Great venting OP, but got to disagree with you here. I agree with your premise that the entire economy isn't as dependent upon oil as it used to be decades ago, but the economy is not fine compared to what the U.S. is used to. Labor participation rate worst ever in history, GDP growth much lower than normal and has been declining for last 5 years+, stock market plunged over the last 6 months, along with China and not an insignificant portion of the world economy (which affects the way U.S. corporations do business & costs). National debt is at an unprecedented level and has grown more under this president by far than any other, healthcare costs are way up, job creation at a much lower rate the this decade than the previous, etc.

The sky is not falling, but by a lot of major metrics, the economy is NOT fine, despite what this delusional president may mislead this nation to believe.

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I agree, I misspoke on the state of the economy being fine, but we could talk about economic policy for days and what we need to do to fix it. Bottom line though is that we don't need $75+ oil for a healthy economy. If you look at economic growth over the last 50 years the economy does much better when oil prices are low or at least at a happy medium, which in my opinion would be around $45-$55 a barrel.

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I sure am glad that I'm working in an industry like tech where I'm immune to industry downturns

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1.2 billion Indians are ready to Do The Needful in your butthole, partner. You had better revert ASAP.

Not sure if idiot or troll.

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People keep saying there will be a lot of trucks put up for sale, but where do you find these sales? Are most people under water and just wait for the repo man?

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Good question but I'd steer clear of one owned by oilfield trash they tend to abuse em

If my industry crashes, that probably means the apocalypse has occurred.

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Are you a priest?

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Close, software dev.

I guess AI could be invited as well.

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People keep saying there will be a lot of trucks put up for sale, but where do you find these sales? Are most people under water and just wait for the repo man?

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Midland, Billings Montana and North Dakota.

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A lot of college grads don't realize how much money there is to be made in blue collar industries because everyone wants to be white collar and views blue collar work as beneath them.

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Great Post !! Whoop!!

I managed chicken farms right out of college before getting into sales and marketing. I did my time.

Getting quotes from plumbers today.

I should have been a plumber.

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Getting quotes from plumbers today.

I should have been a plumber.

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My aunt and uncle have owned a plumbing company since before I was born and they're rich as hell.

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Getting quotes from plumbers today.

I should have been a plumber.

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My aunt and uncle have owned a plumbing company since before I was born and they're rich as hell.

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Good friend is a plumber that has an associates degree from TSTC. He has 10 employees, 5 trucks, and a fleet of equipment. He is loooooooooaaaaaaadddddddeeeeeddddd!!!!!!

I will say this, though, I've spent many summers throughout high school and college working for them, and plumbing is hard ****ing work.

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Good friend is a plumber that has an associates degree from TSTC. He has 10 employees, 5 trucks, and a fleet of equipment. He is loooooooooaaaaaaadddddddeeeeeddddd!!!!!!

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Doesn't matter works with poop.

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Almost all of the plumbing I did was new construction.

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It's a good day to be a business bankruptcy lawyer in Houston.

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Ha bro, its never good to be a bankruptcy lawyer in Houston.

Dallas on the other hand...