North Dakota Economy

[Cratter]

I suppose its time for a whole state thread. Had gf and oil boom. Guy on hugely popular Shark Tank says he bring companies to Fargo.

 

[Kab]

CNN staff aren’t used to hearing the truth

they all looked in disbelief that someone had the guts to tell the truth

I'm sure a couple of governors didn’t like what they heard either 

 

[CMSioux]

Isn't it there already a shortage of available workers in North Dakota (that's what company executives are saying in Grand Forks) and every business in Fargo is trying to hire Not to mention trying to keep  those who are not used to real winters. And you don't even want to think about POC invading.  

[UNDBIZ]

1 hour ago, CMSioux said:

Isn't it there already a shortage of available workers in North Dakota (that's what company executives are saying in Grand Forks) and every business in Fargo is trying to hire Not to mention trying to keep  those who are not used to real winters. And you don't even want to think about POC invading.  

I believe O'Leary mentioned the employees are still in Boston working from home.  And keep the racism off the board.

[UNDBIZ]

And let's not have this thread just be political shots.  There is value to discussing the state's economy without getting into red v blue.

[90siouxfan]

I'm apparently quite naive or the post was edited, didn't see any racism?

 

Been educated that POC is not "piece of crap" from the non swearing vernacular part of society.  The more you know...

[Cratter]

3 hours ago, UNDBIZ said:

And let's not have this thread just be political shots.  There is value to discussing the state's economy without getting into red v blue.

Yes.

I thought it was cool to hear him mention Fargo. Being on shark tank guy has some pull in the business sector.

[Cratter]

Start-up LandTrust to open Fargo office in deal arranged by Shark Tank star Kevin O'Leary

[Cratter]

The kiss of death.

 

[Sioux>Bison]

10 hours ago, Cratter said:

Start-up LandTrust to open Fargo office in deal arranged by Shark Tank star Kevin O'Leary

Say goodbye to hunting as you know it now, only the rich who can pay to hunt will be able to enjoy hunting in ND….. sad

[UNDBIZ]

On 3/13/2023 at 10:42 PM, Cratter said:

The kiss of death.

 

Haha not a great track record there.  Fortunately the Bank of ND's primary customers are ND government agencies (other than arranging loans with smaller banks), so not as much risk of a run on cash.

[SIOUXFAN97]

Could the bank of ND use this debacle to "buy or acquire" some of the douche baggery banks in blue states run by douche bags and make some money off these dumb douche bags?

[Kab]

I doubt they could buy out of state or instate banks 

[SIOUXFAN97]

1 minute ago, Kab said:

I doubt they could buy out of state or instate banks 

could they buy some of the bond/stocks on the cheap tho and make some money?

[Kab]

Don’t know what their charter says 

[SIOUXFAN97]

9 minutes ago, Kab said:

Don’t know what their charter says 

how about alerus, gate city, or the credit union in the old 7-11 store...red state banks feeding off the leftovers of blue state failing banks....?

[Walsh Hall]

51 minutes ago, SIOUXFAN97 said:

how about alerus, gate city, or the credit union in the old 7-11 store...red state banks feeding off the leftovers of blue state failing banks....?

If anything, the current state of affairs will hurt local banks.  Anyone with substantial deposits, or businesses, would be rather foolish to have their funds in a local bank over the FDIC limit.

[The Sicatoka]

Why lie down with dogs? You’re sure to get fleas. 

[JohnboyND7]

2 hours ago, SIOUXFAN97 said:

how about alerus, gate city, or the credit union in the old 7-11 store...red state banks feeding off the leftovers of blue state failing banks....?

This isn't about red v blue

[Kab]

4 minutes ago, JohnboyND7 said:

This isn't about red v blue

It about competence and incompetence, also about bad investments in green 

[nodak651]

3 hours ago, SIOUXFAN97 said:

how about alerus, gate city, or the credit union in the old 7-11 store...red state banks feeding off the leftovers of blue state failing banks....?

Doesn't have anything to do with politics, but this past summer Alerus made it's biggest acquisition to date, in phoenix.  https://www.alerus.com/newsroom/alerus-completes-acquisition-of-metro-phoenix-bank/  Love how they seem to target snow birds.  

[Kab]

9 minutes ago, nodak651 said:

Doesn't have anything to do with politics, but this past summer Alerus made it's biggest acquisition to date, in phoenix.  https://www.alerus.com/newsroom/alerus-completes-acquisition-of-metro-phoenix-bank/  Love how they seem to target snow birds.  

Bismarck National, BNC, is in Tempe, wonder if the watford city bank is there too 

[SIOUXFAN97]

13 hours ago, JohnboyND7 said:

This isn't about red v blue

if you say so....

[UNDBIZ]

Alerus stock is down 60% from its high.  So they've got their own problems.

[SIOUXFAN97]

4 minutes ago, UNDBIZ said:

Alerus stock is down 60% from its high.  So they've got their own problems.

so your saying that them not having their GIGANTIC alerus logo from the 20 yard line to the other 20 yard line at the alerus center was a bad bad idea